 Big Swings and Buying Opportunities Editor’s Note: Every week, you watch stocks from industries across the board pop (or drop), but you may be wondering if it’s time to buy in. That’s what today’s Stock Power Daily is all about. We’ll show you some of the week’s biggest movers, and then run them through Adam O’Dell’s proprietary Green Zone Power Ratings to see how they stack up. - Dick’s Sporting Goods Inc. (NYSE: DKS): The sporting goods retailer slashed guidance, citing organized theft cutting into profits. DKS stock sank 23% since Monday, but our system’s rating for the stock points to a potential buying opportunity.
- AMC Entertainment Holdings Inc. (NYSE: AMC): The bottom is falling out on this meme stock that lost more than 60% in five days. Green Zone Power Ratings has had AMC stock at “High-Risk” for a long time though…
- Foot Locker Inc. (NYSE: FL): The shoe retailer’s sales fell almost 10% last quarter due to “consumer softness,” according to its earnings call. That was enough to send this “Bearish” stock 31% lower this week. For more on what to watch in retail earnings, check out Matt’s analysis of Macy’s stock.
- NVIDIA Corp. (Nasdaq: NVDA): The chipmaker that’s leading the artificial intelligence charge jumped another 8% after a massive earnings beat. And this stock is still “Bullish” in our system.
- Peloton Interactive Inc. (Nasdaq: PTON): The fitness company that was a pandemic star crashed 22% down to earth after posting larger losses than expected. But was that a huge surprise for this “High-Risk” stock?
There were some massive, volatile moves in the market this week. It can leave your head spinning. But that’s where Adam and Green Zone Fortunes comes in. Adam uses his proprietary system to find his highest-conviction stocks in the mega trends that matter. And you’ll gain access to all of these recommendations, along with guidance on the best times to buy and sell, by joining his premium research service. For information on how to do just that, click here.
Have a fantastic weekend!
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