How 4 Stocks Look After Huge Price Pops (and Drops)

Check out their Green Zone Power Ratings… Published By Money & Markets, LLC. June 08, 2024 Published By Money & Markets, LLC. June 08, 2024 [Turn Your Images On] How 4 Stocks Look After Huge Price Pops (and Drops) Editor's Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it's time to buy in. That's what today's Money & Markets Daily is all about. We'll show you some of the week's biggest movers and then run them through Adam O'Dell's proprietary Green Zone Power Ratings to see how they stack up. - Lululemon Athletica Inc. (Nasdaq: LULU): The company that arguably started the athleisure trend is bullish for the future. It raised its full-year profit projections and increased its stock repurchase program by an additional $1 billion. Investors pushed shares of this ["Neutral"]( stock 12% higher aftermarket on Wednesday before giving back some of those gains to close the week. It was a spot of good news after the stock had lost 36% year to date. - Stitch Fix Inc. (Nasdaq: SFIX): Investors are betting on another comeback in the apparel industry. Stitch Fix, an online clothing styling service, reported losses that were better than expected in its earnings call on Tuesday. It also increased its target for revenue for both its fiscal fourth quarter and the full year. Shares of SFIX were trading more than 50% higher by Friday's close. This could be the start of an epic turnaround, but this stock still rates ["High-Risk"]( in Green Zone Power Ratings. Don't expect smooth sailing… - GameStop Corp. (NYSE: GME): This is your weekly GME report … or at least that's what it feels like lately. Shares of the ["Bearish"]( video game retailer continue to whipsaw in grand fashion. The stock jumped 40% on Thursday after "Roaring Kitty," the meme stock trader that triggered this renewed frenzy around GME last month, scheduled a live stream on YouTube. Shares crashed 25% again Friday morning, reflecting this stocks poor Volatility rating… - Lotus Technology Inc. (Nasdaq: LOT): The luxury sports car and electric vehicle battery maker sank more than 18% for the week. The details as to why are thin, but Green Zone Power Ratings had already flagged this stock as ["High-Risk."]( Zooming out, LOT stock is down 42% year to date. — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [AAPL Is Ready to Take the AI Crown]( [Turn Your Images On]( [What a $40,000 iPhone Says About Apple’s Legacy]( [Turn Your Images On]( [COP Oil Stock Has Been “Bullish” Since 2021]( [Turn Your Images On]( [Retail Stocks … in This Economy?!]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. 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It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](