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Earnings Season Shenanigans: Prepare for a Financial Roller Coaster!
Buckle up, folks! Next week kicks off another wild ride known as earnings season! As companies release their results, stock prices could soar or plummet like a meteor in a free fall! Only the savvy investors know the real game – and it starts long before the earnings reports drop.
The Stock Buying Bonanza: Three Must-Watch Picks!
This quarter, three stocks are screaming for your attention before they unveil their earnings secrets! Two of them have been dragged through the mud, but the panic selling might just be a colossal overreaction! The third? A consumer darling thatโs been on fire and shows zero signs of backing down!
1. UNH Stock: The Comeback Kid?!
After suffering a staggering 48% nosedive in just three months, UnitedHealth Group Inc (NYSE: UNH) is on the cusp of a major rebound! Sure, they dropped the ball last quarter and missed expectations, but wait! Thereโs a flicker of hope if you look closely! Chart watch: UNH is forming a rock-solid bottom!
With a key earnings report looming on July 15, a surprise beat could rocket the stock up to a jaw-dropping target of $415.57! That’s a whopping 38% increase from its last close. Some analysts have tossed in the towel, but not JPMorgan! They just ramped up their price target to $418. Could this be the moment when UNH rises from the ashes?
2. Tesla: Thrills and Spills Galore!
Get ready for turbulence with Tesla (NASDAQ: TSLA) โ the stock that’s been on a dizzying roller coaster this year! Long-time investors know this ride all too well. The electric vehicle giantโs visionary leader, Elon Musk, is both the crown jewel and the Achilles heel for the company!
While Musk’s Twitter antics and political ties are causing upheaval among investors, the truth is Tesla remains a titan in the EV market despite slowing demand in China. Can the companyโs exciting ventures in robotics outshine the stagnating EV sales? As TSLA hovers around its 50-day SMA, all eyes will be glued to the July 23 earnings report for some much-needed clarity!
3. NFLX: The Sofa King Chill!
Netflix Inc. (NASDAQ: NFLX) is hitting the brakes after an exhilarating post-earnings spree! But donโt be fooled, just because the stockโs resting doesnโt mean itโs done for good! Buyers seem a bit fatigued, but the magic might just be around the corner!
With earnings set to drop on July 17, analysts are split on whether NFLX can keep climbing. But remember, naysayers were chattering when the stock was near $1,000. If Netflix keeps delivering that sweet 22% earnings growth, you better bet the stock could explode skyward once again! And hold onto your hats โ a potential stock split could set the stage for another spectacle!
Timeโs ticking, and the action is heating up! Are you ready to make your move in this thrilling stock circus? Keep your eyes peeled, and may the best fortunes roll in!
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