Managing Editor’s Note: Tons of stocks have been rallying higher in 2023, but Matt shows you why RBLX is one to avoid below.
And if you want to see how to take advantage of the bottom falling out on one of the biggest stocks out there, click here to sign up for Adam O’Dell’s upcoming presentation.
Next Tuesday, at 1 p.m. Eastern, he’s going to show you how you can target a potential 20X gain during what he’s calling “The Next Big Short.”
Sign up here (it’s free!) and get ready for Adam to tell all next week…
— Chad Stone
- Video game market revenue will hit almost $300 billion by 2027.
- Our Stock Power Ratings system helps you find stocks to buy … and ones to stay away from.
- Today’s Stock to Avoid is a popular online video game platform that rates a terrible 0 out of 100.
| Last Christmas, my wife surprised me with a PlayStation 5.
I was beyond excited.
That said, I don’t have a ton of time to actually sit down and play video games on it — but I’m an exception to that rule.
Millions of people of all ages flock to gaming in many different formats, including consoles like the PS5, or even their phones or tablets.
And it’s turned into a booming business.
Statista found that global revenue from video games will reach $298.2 billion by 2027 — a 50% increase from 2021.
While video game sales are strong, our Stock Power Ratings system shows that not all companies involved are great investments.
This is the case with Roblox Corp. (NYSE: RBLX).
Click here to see why. 
 | From our Partners at True Market Insiders. 28-Year Wall Street Veteran Chris Rowe who invested in Amazon at just $0.12, Teslas at $10.75, and Qualcomm at $2…
Is issuing his latest super stock. A stock he believes could be the absolute best way to combat inflation. He is revealing all of the details right now.
See the details HERE. |
Traders eagerly await earnings announcements because stock prices can make significant moves after the quarterly calls.
If the company beats earnings estimates, the stock usually goes up. Missing estimates can send a stock sharply lower.
About half of the companies in the S&P 500 have reported earnings for the fourth quarter of 2022. Results are disappointing. It looks like earnings for the index will be under $200 per share.
And today’s chart signals more pain ahead.
Click here to read on…  (Click here to view larger image.)
Check Out the Latest From Stock Power Daily: |
Privacy Policy
The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482.
To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance.
The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/
Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication.
(c) 2023 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471)
Remove your email from this list: Click here to Unsubscribe | | | | | | |
Post a Comment
Post a Comment