Unity Software Inc. (U) was a favorite among game developers, with one of the highest Consumer Happiness scores in the LikeFolio universe (92% at one point). And with artificial intelligence (AI) momentum in play as a profit booster, Unity was looking like a clear winner. But it introduced a major departure to its pricing model earlier this month that's not going down so well with users. Could Unity now be destined to crash and burn in the stock market over the next few months? Or, did a recent 8% stock price drop create an attractive entry point? Here's the answer…
Energy stocks were the big winners in 2022, but it has been a different story in 2023… so far. Last year, the Energy Select Sector SPDR Fund (XLE) rocketed 59.39% higher. In 2023, XLE is above 6% as of this writing and being outperformed by the S&P 500's 12% return. But all that may be about to change, and it could mean a big opportunity…
A typical 10-second analysis from a Wall Street "big shot" on the financial news outlet of your choice would see declining furniture sales and say that a furniture retailer like Wayfair Inc. (W) now looks like it's in trouble. But while they rely on retroactive data to drive their investment strategy, Derby City Insights is one step ahead. Their real-time pulse on Main Street sentiment arms them with a more forward-looking view of the opportunity. And right now, it's painting a different picture for Wayfair — suggesting a potential lift higher when it reports earnings in November that may shock everyone – except for you…
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