GrowGen is up 38%+ After Earnings Release – 2 Red Flags You Need to See Before Investing
The world’s largest hydroponic provider (GRWG) got a nice bump today after a 3rd quarter earnings report that featured overperformance in multiple categories. The company - GrowGeneration, commonly referred to as just GrowGen - has 58 different locations across 15 different states. It’s up 38% so far - but what exactly happened to cause this surge? The 3rd quarter [...]
Why Did Analysts Downgrade Costco – and What Should You Do Now?
Early this morning news of Wells Fargo downgrading Costco hit the digital world. Investors responded by selling off company shares, resulting in a 2% loss as of 11 am EST. What exactly did Wells Fargo see that resulted in this downgrade, and what should you do next as an investor? We’ll cover all this and more below… Edward Kelly - [...]
Starbucks Climbs 10% After Q4 Earnings: See What VectorVest Recommends You Do Next
Everyone’s favorite coffee giant - Starbucks (SBUX) - is on track for its greatest single-day percentage increase since February 2020 - right before the pandemic restrictions set in. So far, the stock is up 10% in Friday morning trading. How did we get here? Yesterday after market hours, Starbucks quietly released its fiscal fourth-quarter earnings report. And as you [...]
NerdWallet Jumps 35%+ After Q3 Earnings & Analyst Adjustments – is This Your Sign to Buy?
NerdWallet reported an impressive third quarter showing growth in revenue, EPS, and other key metrics. As a result, analysts have moved their price targets for the stock up - and investors have gotten on board as well. Hype after this news has sent the stock up 36% so far this morning. And by the end of this quick discussion, [...]
Airbnb Posts Record-Breaking Profits in Q3 – So Why is it Down Almost 10% Today?
Tuesday morning, Airbnb (ABNB) reported Q3 earnings that exceeded not just analyst expectations - but the company’s best performance to date. It was the biggest and most profitable quarter in company history, and yet, shares are trading down 10% so far today…what’s going on? Before we can look at potential causes for the drop in stock price despite an [...]
Carvana is up 15% After JPMorgan Upgrade – Did They Miss These 3 Red Flags?
Early this morning Carvana surged 15% before leveling off and dipping back down a bit. However, this is the first positive price movement the online vehicle retailer has seen in quite some time. The reason for this quick jump? The stock was upgraded from “underweight” to “neutral” by an analyst at JPMorgan. While most analysts - and investors - [...]
