Tag: guidance

  • Why It’s Best to Short or Avoid Home Depot

    Why It’s Best to Short or Avoid Home Depot

    Home Depot (HD) is having a painful day. At the moment, shares are down about $11.05 a share, or about 3.8%. And unfortunately, it’s now below March support.  From a current price of $277.38, it could drop to triple bottom support last tested in October 2022. Not only did the company watch revenue plummet, but…

  • Okta Could Soon Refill its Bearish Gap at $100

    Okta Could Soon Refill its Bearish Gap at $100

    Keep an eye on Okta (OKTA). After Cowen analysts upgraded the stock to an outperform rating from market perform, with a $70 price target, the stock took off.  Last checked it was up $6.82, or about 10% on a volume spike to 7.9 million shares, as compared to daily average volume of 2.7 million. That…

  • Airline Stocks Were Just Cleared for Take Off

    Airline Stocks Were Just Cleared for Take Off

    Airlines stocks are taking off. All after United Airlines CEO Scott Kirby said he was “so optimistic about 2023.” “Despite growing concerns about an economic slowdown, the ongoing COVID recovery trends at United continue to prevail and we remain optimistic that we’ll continue to deliver strong financial results in the fourth quarter, 2023 and beyond,”…

  • This is Why ChargePoint is Accelerating Today

    This is Why ChargePoint is Accelerating Today

    ChargePoint Holdings (CHPT) is on the move, as hoped. Just days ago, we noted the company posted strong earnings and outlook. For its second quarter, revenue jumped 93% to $108.3 million, which beat expectations for $103 million.  It’s also the first time CHPT revenue has been above $100 million.  And while gross margins did fall…

  • Top Reasons to Invest in ChargePoint Holdings Now

    Top Reasons to Invest in ChargePoint Holdings Now

    Electric vehicle charging stock, ChargePoint (CHPT) is accelerating. Up 13% on a volume spike to 17.1 million, as compared to daily average volume of 9.9 million, the stock could see higher highs. All thanks to earnings and future growth. For its second quarter, revenue jumped 93% to $108.3 million, which beat expectations for $103 million.…

  • Falling Knife: PayPal Could See Lower Lows

    Falling Knife: PayPal Could See Lower Lows

    PayPal Holdings (PYPL) just can’t catch a break. Since topping out around $309, PYPL fell to a recent low of $132.57 – and could fall even more. Typically, we’ll tell investors to buy the fear, even the “blood in the streets” with a drop like this. But the pullback doesn’t look like it’s over. All thanks…

  • Amazon.com Could Rally to $4,700 in 2022

    Amazon.com Could Rally to $4,700 in 2022

    Amazon.com (AMZN) could be a $4,700 stock in 2022. Thanks to accelerating revenue growth, and higher margins, analysts at UBS now has a buy rating and a 12-month price target of $4,700 on the stock. “We expect Amazon shares to re-rate ahead of 2H22 when we see revenue growth and higher margins driving estimate revisions…