Thursday, July 27, 2023

30,000 and Counting...

Trade of the Day Wake-Up Watchlist

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Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures rose on Thursday due in large part to strong tech earnings. Also, the Fed's latest interest rate hike didn't move the needle too much given that it was expected. And lastly, today's economic data surrounding the GDP and personal consumption could further drive stocks.

While several stocks were up on Thursday, yesterday there was one big development in a stock that our Head Fundamental Tactician Karim Rahemtulla has been pounding the table on for over a year. Several War Room members are in on this play, and its shares soared 19% on Wednesday after raising its guidance.

Click here to get in on this "Last Great Value Stock" before it's too late.

 

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

Rivian Automotive (Nasdaq: RIVN)

Rivian Automotive is up 3.20% premarket after General Motors announced a plan to increase access to charging stations around the U.S. The initiative aims to install at least 30,000 charging points in urban areas and along highways. Other EV stocks such as NIO and Lucid Motors were also up upon the news.

The EV market continues to see demand. In early 2023, the total value of electric vehicles sold to consumers topped $1 trillion. Our Lead Technical Tactician Nate Bear has been focusing on the EV sector in Daily Profits Live, and recently got positioned on RIVN.

Click here to unlock that trade and start getting in on the action.

 

Meta Platforms (Nasdaq: META)

Meta is up 9.11% premarket after second quarter revenue topped analyst estimates on both the top and bottom lines. Meta's revenue for the quarter was $32 billion versus estimates of $31.06 billion. The future with Reality Labs should be a huge catalyst for the company and its AI products going forward. Meta's Reality Labs unit lost $3.7 billion on $276 million in sales during the second quarter.

 

This Stock Is a Total Money Machine... Have You Heard of It?

Money counter
 

Revenue is up from $537 million to $1.8 billion... in just two years. That's a 235% increase.

Earnings went from $7 million at the start of 2021... to $270 million in the most recent quarter. That's a 3,757% jump in 15 months.

The company is sitting on $126 million in cash.

It has zero debt.

And in March 2023, analysts went on record predicting this $7 stock could soon hit $50... or more!

In other words, if you're looking for an opportunity that could be a total layup... this is it.

Full details here...

XPeng Inc. (NYSE: XPEV)

XPeng is up 5.70% premarket after announcing a plan to jointly develop electric vehicles with Volkswagen AG for sale in the Chinese market. As part of the deal, Volkswagen AG will invest $700 million in XPeng.

Click here to learn more about how our Head Fundamental Tactician Karim Rahemtulla is playing the EV market in China.

 

Chipotle Mexican Grill (NYSE: CMG)

Chipotle Mexican Grill is down 8.62% in premarket after reporting fiscal second quarter earnings results on Wednesday. Sales growth missed forecasts, with revenue coming in at $2.51 billion versus $2.54 billion expected. Chipolte is also seeing pressure on the labor front. In Q3, the company expects labor costs to be around 25% compared to $24.3% last quarter.

 

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

Look at What Biden Is Up to Now!

I Did That Inflation Rate
 

You have every right to be upset at the politicians who got us into this mess.

Money printing always ends in disaster.

That's why the senior-most Dealmaker for the U.K.'s Department of International Trade flew to the U.S. to deliver a critical message.

To see what he said, click here.

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