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Trade of the Day Wake-Up Watchlist

Good Morning Wake-Up Watchlisters! While you're pounding café lattes you'll see stock futures were up on Thursday. The move is a rebound after three straight losing days. Traders are breathing a sigh of relief as Federal Reserve Chairman Jerome Powell said he still expects to lower interest rates at "some point" this year in a speech he made yesterday.

While the Federal Reserve's looming decision weighs on markets, we're using our own strategies to take winners in The War Room. Yesterday our Head Trading Tactician Bryan Bottarelli closed a 11.35% winner on TSM in less than 1 trading day.

Click here to start following Bryan in realtime in The War Room.

 

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

Lamb Weston Holdings (NYSE: LW)

Lamb Weston is up 3.83% premarket ahead of its latest earnings report. Analysts are calling for a 31.9% year on year revenue increase to $1.65 billion, in line with the 31.3% year-over-year increase last quarter. Consumer staples have seen steady gains after earings in 2024, with the stocks up on average 1.6% over the last month.

Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on LW in The War Room.

Click here to see how Bryan locks in overnight trades for potential gains.

 

Wayfair (NYSE: W)

Wayfair is up 4.87% in premarket after the furniture provider received an upgrade from "in line" to "outperform" by Evercore ISI. The upgrade is due to optimism surrounding Wayfair's risk/reward profile, as the company implemented cost-cutting measures that have established a solid foundation for adjusted EBITDA.

 

We Could Be Less Than 3 Months Away From an AI Super-Event

According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. Click here.

Blackberry Limited (NYSE: BB)

Blackberry is up 6.76% in premarket trading after recording a surprise profit for the fourth quarter on Wednesday. The move was aided by increased demand for cybersecurity services. Revenue stood at $173 million, beating analysts estimate of $154.78 million.

Tilray Brands, Inc. (Nasdaq: TLRY)

Tilray Brands is up 3.15% in premarket trading after the global cannabis lifestyle and consumer packaged goods company announced its latest product lineup for April. Canada is also likely on the verge of adopting more pro-cannabis policies, which could stand to benefit Tilray.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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