Hereâs how these stocks rate⦠Published By Money & Markets, LLC. July 13, 2024 Published By Money & Markets, LLC. July 13, 2024 [Turn Your Images On] Booms (and Busts) in This Week's Market 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. - Lucid Group Inc. (Nasdaq: LCID): Electric vehicle stocks have faced plenty of headwinds in 2024, but it was a good week for LCID. After reporting a record 2,394 vehicles delivered in the second quarter, Lucid's CEO praised its partnership with the Saudi Arabian Public Investment Fund this week. Shares were trading more than 30% higher over the week. If you're following Green Zone Power Ratings, this stock still falls in the ["High-Risk"]( category. It's trading pretty much flat year-to-date. - Meta Platforms Inc. (Nasdaq: META): This "Magnificent Seven" stock â and parent company of Facebook â felt the crunch this week, shedding close to 7% by Friday's close. Investors are rotating out of mega-cap stocks as the Federal Reserve hints at a potential interest rate cut in September. Could this be a buying opportunity for the ["Bullish"]( stock? - Adam O'Dell's No. 1 stock that's set to help power the next wave of the artificial intelligence revolution popped 16% higher on Friday â and he believes it has a long runway of growth still ahead. [Click here]( to see how you can access his recommendation now. - LegalZoom.com Inc. (Nasdaq: LZ): Green Zone Power Ratings had already raised the red flag on this ["Bearish"]( stock. The company that made a name for itself providing legal services online announced its CEO was departing this week, and investors responded with a massive sell-off. The stock closed the week almost 30% lower than Monday's open. â The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [Poll: How Bullish Are You Now?]( [Turn Your Images On]( [Warning Signs and a âBearishâ Big Tech Stock]( [Turn Your Images On]( [2024âs Best-Performing ETF (Might Surprise You)]( [Turn Your Images On]( [Thatâs No Meme Stockâ¦]( ---------------------------------------------------------------
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