Editor’s Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder 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.
TaskUs Holdings Inc. (Nasdaq: TASK): The digital service outsourcer beat earnings and executives reported positive guidance for the future. Investors pushed this “Bearish” stock 23% higher this week in response.
BILL Holdings Inc. (Nasdaq: BILL): Shares of the “High-Risk” payment platform tanked 18% over the week following news it was working to acquire Melio Payments, a b2b transactions platform.
Groupon Inc. (Nasdaq: GRPN): The hits keep coming for this “Bearish” stock. Shares crashed 31% on Friday after Groupon’s CEO mentioned that business is still “challenged.” But Green Zone Power Ratings flagged this stock as an underperformer a while ago.
Consolidated Water Co. Ltd. (Nasdaq: CWCO): This boring and “Strong Bullish” utility company rewarded its investors with an 11% gain on Friday following a solid earnings beat.
Alarm.com Holdings Inc. (Nasdaq: ALRM): More homeowners are turning to cloud-based home security, and that was reflected in ALRM’s solid earnings beat on Friday. Investors pushed the “Bullish” stock 9% higher in response.
All of these stocks are in the Nasdaq Composite, and Mike Carr is gearing up to show you how to pinpoint the best-of-the-best in the index. He’ll have more details on Tuesday, so keep an eye out!
And if you want the full Blacklist of “Bearish” and “High-Risk” stocks, click here to learn how to gain access to that — and so much more — in Adam’s stock research service, Green Zone Fortunes.
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