Friday, December 9, 2022

Software Group Partners With Walmart

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose Friday. The latest inflation report is due today, and investors are waiting to see how this data will inform a rate decision by the Federal Reserve next week. Fed officials are leery of aiding stock rallies that keep inflation high since they've stated curbing high prices is their primary goal.

With more choppy waters likely in the coming weeks, it's important to find the best value for your money in the current markets. Right now our Head Fundamental Tactician Karim Rahemtulla is high on one $2 stock. He's even calling this the 'Last Great Value Stock' due to its low price and foothold in many emerging technologies.

Click here to unlock this $2 value stock.

 

Here's a look at the top-moving stocks this morning.

Docusign (Nasdaq: DOCU)

Docusign is up 12.23% premarket after the e-signature company beat expectations with its latest financial results. Quarterly earnings came in at $0.57 per share, beating the Zacks Consensus Estimate of $0.41 per share. Overall, the company surprised in earnings by 39.02%.

 

Carvana Co. (NYSE: CVNA)

Carvana Co. is down 9.27% premarket as the used car seller is fighting for survival. It's currently running out of cash, with a $1.45 billion net loss for the nine-months that ended Sept. 30. A challenging restructuring process is likely the next step.

 

Luluemon (Nasdaq: LULU)

Luluemon is down 6.81% premarket after lots of worry on margins for the company. Its annual profit outlook trailed expectations in terms of the midpoint range. CEO Calvin McDonald cited lower consumer spending for the latest share slump.

 

Marin Software (Nasdaq: MRIN)

Marin Software is up 34.51% premarket after announcing its joining Walmart connect's platform partner program. Brands using the MarinOne platform will now have access to Walmart Connect consumers. Walmart reaches nearly 90% of U.S. households each year online.

As many tech stocks face headwinds in 2022, it could mean something bigger is on the horizon. There's a predicted $13 trillion tech revolution beginning in January 2023, and there's one stock that could hand you life-changing profits.

Click here to discover a technology that could 'infiltrate every sector in some way in the coming years.'

 

Can you retire on ONE stock?

Our friend and Chief Investment Strategist Alexander Green specializes in picking the 'Perfect Stock. These are the kind of stocks that could lead exponential gains over time. He's calling his latest pick the 'single-stock retirement play' and although it seems outlandish to think one stock could be the cornerstone of your retirement portfolio, it IS possible when you know what to look for.

Click here to discover his latest $4 pick.

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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