Friday, September 1, 2023

Mondo Profits for Tech Stock

Trade of the Day Wake-Up Watchlist

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures rose on Friday following the August jobs report. Investors will be crunching the latest data for clues on what it could mean for interest rate hikes. Any signs of job cooling could see the Federal Reserve ease off in pursuit of a "soft landing."

When the market dips and rises again, it's important to consider value stocks that have a chance to rise along with it. Our Head Fundamental Tactician Karim Rahemtulla has been pounding the table for years on what he's calling "The Last Great Value Stock." It's already up 60% over the last six months, and Karim believes it still has a lot of room to grow.

Click here to learn how this under $3 stock could soar as high as $50 in just a few years.

 

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

MongoDB, Inc. (Nasdaq: MDB)

MongoDB is up 6.24% premarket after slaying its profit for the second quarter. It earned an adjusted 93 cents per share, crushing forecasts of 46 cents, according to FactSet. Earnings reversed from a year-earlier loss of 23 cents. MDB stock has almost doubled this year, rising nearly 94% after Thursday's close.

 

Lululemon Athletica (Nasdaq: LULU)

Lululemon Athletica is up 2.29% premarket after another solid earnings report. Oppenheimer & Co. Senior Analyst Brian Nagel said the clothing retailer is benefiting from the fact that people are still dressing casually post-pandemic. Lulelemon also raised its sales forecast for a second time due to more demand.

 

China's $54 Million Payment to UPenn (Home of the Penn Biden Center) Is Nothing Compared With What's Next...

Penn Biden Center
 

China was caught giving $54 million to UPenn after the university announced the creation of the Penn Biden Center...

But this is NOTHING compared with China's most sinister plot to hurt America.

[WATCH NOW]

Broadcom Inc. (Nasdaq: AVGO)

Broadcom is down 4.16% premarket. The semiconductor company fell after a muted near-term sales outlook, linked to weaker enterprise spending. Still, it sees AI sales driving a larger portion of its overall revenues in the future, with artificial intelligence expected to drive 25% of revenue by the end of 2025.

Knowing Broadcom was reporting earnings, yesterday our Lead Technical Tactician Nate Bear executed a swing trade on another AI stock in Daily Profits Live. Right now he believes this trade could lead to gains next week.

Click here to unlock that trade and learn more about Nate's mission to turn $37,000 into $1 million in verified trading profits.

 

Nutanix, Inc. (Nasdaq: NTNX)

Nutanix is up 20.13% in premarket after the company's board authorized the repurchase of up to $350 million in stock. The cloud company reported quarterly revenue that topped analysts' estimates and issued strong sales guidance. Earnings came in at $0.24 per share, beating the Zacks Consensus Estimate of $0.15 per share. The report represents an earnings surprise of 60%.

Tech stocks have been major winners in 2023, more specifically AI stocks. And our Lead Technical Tactician Nate Bear recently launched his service, Profit Surge Trader. The service involves Nate trading just ONE STOCK TICKER over and over for maximum potential profits, and his first choice was a major tech company back in August.

Click here to see how Nate charts "post-earnings surges" for his One Ticker Payouts.

 

Gold investment numbers are soaring

As inflation continues to eat away at the dollar, over 100,000 investors are buying up gold at a price not seen in years. Gold has outpaced some of the world's best assets like stocks, bonds and real estate.

Click here to start investing in metals today.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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Now brilliant tech minds like Bill Gates, Jeff Bezos and Google's CEO agree...

Artificial Intelligence could be even BIGGER than the internet.

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If you want the chance to cash in... it's critical you get in NOW, before stocks head to the moon.

Discover the $10 play that's helping to power AI's global takeover.

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