Okta (Nasdaq: OKTA) Okta is up 15.99% premarket. Wall Street is turning more bullish on the software company ahead of its quarterly earnings. More than 20 analysts covering the stock hiked their price target following its earnings, and two upgraded their ratings to Buy, according to FactSet data. The stock now has a Buy rating from 64% the analysts surveyed. Quarterly earnings day can often serve as a catalyst for a stock's direction. Our Head Fundamental Tactician Karim Rahemtulla follows insider buying (the legal kind) ahead of earnings. This strategy is what gives him more confidence in which direction a stock is going to go. Click here to discover how "following the money" could lead to gains of 2,250%. Tesla, Inc. (Nasdaq: TSLA) Tesla is down 6.11% premarket after investor day failed to impress. The EV giant said it would release more details about a next generation EV platform at Tesla Investor Day, but said that would come at a "later date." CEO Elon Musk also confirmed the company will build a new "Giga Mexico" factory. Mexico's president had said Tuesday that Tesla would make the announcement on Investor Day. With competition increasing in the EV sector, it's important to consider how other companies will affect this upcoming $7 trillion market. Right now there's a car that has a 1,080-horsepower engine, a zero-to-60 time of 2.5 seconds, and a top speed of nearly 170 miles per hour. Yet it's 100% electric! Click here to check out the $25 startup company behind this breakthrough EV. Do you know what to look for in "The Perfect Stock?" Our friend Alexander Green has a proven track record for diagnosing the "Perfect Stock" He knows how to identify undiscovered companies that trade at just a few dollars a share. And right now, he's letting investors know about a $4 stock play he believes could fund your retirement in the coming years. Click here to reveal this $4 play. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team |
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