Monday, February 27, 2023

Pfizer in Talks to Buyout Biotech Company

Trade of the Day Wake-Up Watchlist

Attention traders: It's Monday and that means another exciting week of trading is upon us. Our Lead Trading Tactician Nate Bear has two names he's watching this week, both are sporting goods companies with great charts and earnings coming up. Click the image below to learn more about these trade setups.

 
 

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures pushed higher on Monday. The boost came after Wall Street's worst week since December as traders came to terms with the Federal Reserve's continued strict policy on interest rates.

Cheaper valuations can lead to many traders buying back into stocks. And there's one value stock we got in on early at Trade of the Day Plus that's starting to see some gains. It was trading at just under $2, and it recently spiked 22%! Even with this recent climb, it's still cheap at its current price.

Click here to see why our Head Fundamental Tactician Karim Rahemtulla is so bullish on this well-known company.

 

Seagen Inc. (Nasdaq: SGEN)

Seagen is up 18.32% premarket after it was announced that Pfizer is in talks to buy the cancer therapy developer for more than $80 billon. The talks are at an early stage and there is no guarantee there will be a deal. There are a number of hurdles, including the potential for a stringent antitrust review of any proposal.

Our friend Alexander Green has a track record for finding innovative companies before anybody else. And right now he's focusing on a new medical device group he's calling the "best investment opportunity I've seen in 37 years."

Click here to unlock this under $3 stock.

 

This NEW Electric Vehicle Stock Could Help Fund Your Retirement

Its car is faster than super-cars like Ferrari's F8, McLaren's 720S and Porsche's 911 Turbo.

Yet it's 100% electric.

Discover the new $25 startup that could be the next EV giant.

Union Pacific Corporation (NYSE: UNP)

Union Pacific Corporation is up 9.74% premarket after it was announced Chief Executive Lance Fritz will step down this year after a hedge fund pushed for change. The largest U.S. freight railroad operator formed a task force with an outside consultant to find a successor for Fritz. This came hours after the New York hedge fund Soroban Capital Partners published a letter arguing that Union Pacific had underperformed.

 

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

This Could Be the Perfect Electric Vehicle... Stock?

  • 1,080-horsepower engine
  • Zero-to-60 time of 2.5 seconds
  • Fastest charging time in the world
  • Longest range in the world

Yet few people have heard of the startup that created it! Find out why its stock could help fund your retirement starting today.

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