Another 25% Gain Ahead…
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It’s Monday, and Nate Bear’s Monday Watchlist is live: Our Lead Technical Tactician Nate Bear just launched his latest stocks to watch video. This week he has his eyes on three names for potential trades. Click the image below to see what he’s looking at.
Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were steady on Monday. Investors are preparing for big earnings reports from Apple and Amazon, and releases from Meta and Alphabet’s GOOGL got tech off to a good start last week.
Here’s a look at the top-moving stocks this morning.
SoFi Technologies (Nasdaq: SOFI)
SoFi is up 3.66% premarket after the digital financial service reported results for the second quarter. Net revenue was up 37% year-over-year, which was a record number. The strong showing was driven largely by its technology platform business segment and its financial services segment which continued to see significant growth.
SoFi is a company we’ve traded in The War Room and our Lead Fundamental Tactician Karim Rahemtulla has also been following massive insider buys on the company in his Insider Matrix.
Click here to unlock our latest War Room trades.
Adobe, Inc. (Nasdaq: ADBE)
Adobe is up 2.55% premarket after Morgan Stanley analyst Keith Weiss said he believes the company could see a 25% increase over the next year. Adobe is already up 57% this year, fueled by optimism over its artificial intelligence strategy. Weiss currently has its price target at $660, which would be close to its highest ever price of $688.37 back in 2021.
Our Lead Technical Tactician Nate Bear closed a 184.16% winner on ADBE in 23 trading days last week in Daily Profits Live.
Those are the biggest stock movers for today.
Happy trading!
The Wake-Up Watchlist Research Team
