Battery Breakthrough Propels EV Maker

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures slipped on Friday as traders continue to digest data for clues on inflation and economic growth. Federal Reserve Bank of Cleveland President Loretta Mester signaled support for another rate hike to dampen inflation and Mohit Kamar, a strategist at Jeffries International Ltd, says we are in the camp of a US recession in the second half and expect data to weaken going forward.

While recession worries are dominating the news, our Trade of the Day Plus portfolio has been on fire. Yesterday two of our picks, Las Vegas Sands (LVS) and NRG Energy (NRG), popped in premarket trading and saw big gains overall. We also have Head Fundamental Tactician Karim Rahemtulla sharing his new “Super Income System” that could help members pocket income as well as capital gains.

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

Mullen Automotive, Inc. (Nasdaq: MULN)

Mullen Automotive is up 28.57% premarket after the emerging electric vehicle manufacturer announced test results of its recently acquired joint venture technology. The results were strong, as the technology increased EV vehicle range by 60-70%. It also substantially increased efficiency more than any current EV battery. The company filed a patent application covering the technology.

With breakthroughs like this in EV technology, it’s crucial to consider up-and-coming electric vehicle makers. Right now our friend Andy Snyder is pounding the table on a little-known group that the The Wall Street Journal says could be the next Tesla. Its car has a 1,080-horsepower engine, a zero-to-60 time of 2.5 seconds and a top speed of nearly 170 miles per hour. That’s faster than the Ferrari F8 – yet it’s 100% electric.

Click here to learn more about this potentially revolutionary EV startup.

ContextLogic (Nasdaq: WISH)

ContextLogic is up 20.33% premarket after announcing a $50 million share repurchase program. ContextLogic is one of the world’s largest mobile ecommerce platforms, and its new program will authorize the repurchase of up to $50 million shares of its Class A common stock.

The truth about trading is you don’t have to risk money on cryptocurrency or a flash-in-the-pan pot stock. Potential big stock movers is what we focus on finding in The War Room. One of our most popular strategies is “overnight trading.” We find boring companies that have a chance to see a major upside or downside move, and make simple trades at the end of the day.

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CSX Corporation (Nasdaq: CSX)

CSX Corporation is up 3.28% premarket after the freight railroad company posted first-quarter revenue and profit which beat Wall Street estimates. Its $3.71 billion in revenue topped expectations of $3.59 billion and represented a 9% year-over-year increase. It also outperformed in earnings per share with 48 cents vs. the estimate of 43 cents.

HCA Healthcare (NYSE: HCA)

HCA Healthcare is up 3.77% premarket after announcing strong first quarter results. Revenues totaled $15.591 billion and net income totaled $15.591 billion, or $4.85 per diluted share. This compared to total revenues of $14.945 billion and net income of $1.363 billion in 2022.

Do you know how to identify the perfect stock?

Many think finding the perfect stock involves finding a leader in cutting-edge technolgogy that changes the way we live, just like Apple, Amazon or Google. And that’s true. But the most important factor of a life-changing stock is it has to be undiscovered. Our friend Alexander Green prides himself on finding hidden gem stocks. He’s invested in companies like Apple, Netflix and Amazon before they became what they are today. And right now he’s reccomending another that’s at the forefront of cutting-edge industries like articifial intelligence and medical equipment.

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Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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