After another GME earnings blunder and change of players, I see the stock as this: pure speculation with a strong balance sheet. But I believe the company can find a way to the next level -- though it could get zapped before getting there.
Here's my take -- and my strategy -- for CRM amid a reported management remake.
The technical signals of the iconic food company seem lukewarm at best.
Here's why I favor one for technical and fundamental reasons.
Here's our strategy based on potentially impressive upside for the shares.
Let's check out the charts and indicators for clues.
Performance is excellent, free cash flow is robust, guidance is solid and sales are growing. Here's my one nitpick and how to play the stock.
The charts advise marching in the other direction for this retailer.
This iconic retailer appears only headed lower after posting earnings.
Here's where a trade would be a fresh upside breakout and open the way to further gains.
Margins are up, cash flows are roaring, guidance is strong, yet valuation remains an issue.
There are two areas I would allow for absurd valuations right now: Anyone who sells what buyers need to integrate AI into their own offerings and those engaged in cybersecurity.
This balance sheet needs a lot of work.
The firm, which considers itself an enterprise AI software company, reports earnings after Wednesday's close
Based on the discount retailer's charts, the answer is yes, though it is a trade, not an investment.
The shares are down sharply after the retailer reported its latest earnings.
Check out my price targets.
Let's check the charts of WDAY after its beat and as it's working its way higher and higher on the charts.
The company could use the extra revenue that an increase in membership fees would produce, but it has been reluctant to go there.
Plus, the Nasdaq and S&P 500 did not do justice to Thursday's market action as there were far more losers than winners on the day.
ELF reported an earnings beat as the business seems very resilient.
I don't know if I have in my entire career... seen a guidance beat of this magnitude by a large firm with a huge following.
Nvidia and a handful of other tech stocks are dominating in pulling in investor dollars, which makes their influence on key market indexes dramatic.
If leading stocks acted like real leaders, then this would be a wildly bullish market, but that isn't happening, and it doesn't look like it is about to change.
Here's where traders can probe the stock.
Is it time to go shopping? The charts offer interesting clues.
Should the broader market run into trouble, cybersecurity is where a lot of profits are.
These micro-cap retail stocks made a bit of a comeback for at least one day after sliding most of the year.
Let's look at the short and long-term possibilities.
Is growth slowing down? Of course. Still, I think Wall Street is misreading this stock.