Booms (and Busts) in This Week's Market

Here’s 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 — and parent company of Facebook — 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 — 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. — 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 “Bearish” Big Tech Stock]( [Turn Your Images On]( [2024’s Best-Performing ETF (Might Surprise You)]( [Turn Your Images On]( [That’s No Meme Stock…]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. 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](