Can LULU and PLNT Ride the Resolution Wave?

Here’s how two “New Year’s stocks” rate… [Turn Your Images On] [Can LULU and PLNT Ride the Resolution Wave?]( [Turn Your Images On] [Chad Stone]( Managing Editor Quick! Can someone go wake up 2023’s rally? With stocks faltering out the gate to kick off 2024, let’s have some fun with this Friday edition of Stock Power Daily. It’s a new year, and everyone’s talking goals and resolutions. Gyms are packed, healthy food is flying off shelves and your Facebook feed is flooded with promises to cut down on this or that. As I mentioned on Monday, I’m working toward running the Peachtree Road Race on July 4 and contributing an extra $5,000 to my 401(k). There’s a laundry list of other goals, but those are the big two. Wish me luck! Now, I realize New Year’s resolutions won’t make the chart of top investable mega trends of 2024. But this is an idea we can run with in Adam O’Dell’s Green Zone Power Ratings system. That’s because you can get a snapshot of a stock’s potential in seconds. Just go [here]( and look for the button below, type in a ticker or company name, and BOOM! You’ll know if a stock is set to outperform the broader market throughout 2024. [Turn Your Images On]( Let’s put it into practice with a couple of New Year’s resolution stocks. --------------------------------------------------------------- [Turn Your Images On]( [Warning Issued on 1,918 “Safe” Stocks]( Wall Street legend Adam O’Dell’s patent pending AI stock rating system just released its newest findings — deeming over 1,900 stocks bearish or high-risk. In his new presentation, he’s giving away over a dozen stocks on his blacklist — stocks you’ll want to consider selling if you own them. [Full details are here…]( --------------------------------------------------------------- Packed Gym ≠Stock Outperformance Full disclosure: I am joining Planet Fitness or a similar budget gym once the January craziness dies down. But that doesn’t mean I have to buy Planet Fitness Inc. (NYSE: PLNT) stock! [Turn Your Images On] [(Click here to view larger image.)]( PLNT rates a “High-Risk” 19 out of 100 in Green Zone Power Ratings. High-risk stocks are set to vastly underperform the broader market over the next year. The last year was incredible for major U.S. indexes. The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all recorded double-digit gains. But Planet Fitness investors didn’t get the memo. Shares of PLNT sank -8.6% since this date a year ago, showing why it rates a 17 on Momentum. This is also a swingy stock with a Volatility rating of 19. That means this stock is more volatile than 81% of the 6,000 stocks Adam’s system rates. Growth does look solid at 80 out of 100. Back in November, the company posted a solid earnings beat. In the third quarter, it increased revenue by 13.6% year over year to $277.6 million. But with that higher volatility and weak momentum compared to the broader market, Green Zone Power Ratings says there are better places to put your hard-earned money. --------------------------------------------------------------- [Turn Your Images On]( [The No. 1 Oil Stock as Energy Grows Into a $10 Trillion Market]( Oil is in high demand, but the supply is low and under threat. Putin could cut crude-output at any time. And Arab nations can place more oil embargos on America over our support of Israel. This oil shortage has created a new bull market in energy. Which Adam O’Dell’s research shows could grow into $10 trillion market over the next 10 years. Starting with this tiny oil stock with the potential to surge by January 31, 2024. [Click here to see all the details](. --------------------------------------------------------------- The Athleisure Co. That Started It All… Forbes Health/OnePoll asked 1,000 U.S. adults about setting resolutions in a [recent poll](. Almost half (48%) said improving their fitness topped their list of goals. And I bet a full 100% (maybe 95%) want to look good while doing it! That led me to Lululemon Athletica Inc. (Nasdaq: LULU)… I think it’s safe to say at this point that Lululemon has changed the way we dress. It brought athleisure into the mainstream, and now we’re all running around town in our gym clothes — not that I’m complaining. It turns out, selling premium clothes that make you look good and feel good is a solid business model. And that’s reflected in LULU’s Green Zone Power Ratings. [Turn Your Images On] [(Click here to view larger image.)]( Lululemon stock rates a “Bullish” 65 out of 100 in Adam’s system. Over the next year, it’s set to beat the broader S&P 500 by 2X. Looking closer, LULU has all the trappings of a booming tech stock. It sports solid Growth (80) and Momentum (83), while rating low on Size (2) and Value (6). Put another way, investors jumped into LULU chasing growth and pushing its market cap to $65 billion … and now the stock is trading at exorbitant valuations. Its price-to-earnings ratio of 63.3 is more than double the S&P 500’s P/E of 25 and triple the apparel and accessory industry average as I write. I realize we’re in the middle of a mini tech sell-off to start 2024, but Green Zone Power Ratings shows LULU is set to weather the storm. I’m more of a Vuori guy, but I’m definitely adding Lululemon stock to my shortlist. Like I said up top, I know New Year’s resolutions aren’t going to be a top mega trend of 2024. (If you’re looking for ways to invest in those, I highly encourage you to [check out Adam’s Green Zone Fortunes]( But that’s what’s so great about Green Zone Power Ratings. You can run with any investing idea you have. Just plug a stock into the search bar [here]( and you’re off! I hope you have a fantastic start to 2024. [Chad Stone]( Managing Editor, Money & Markets --------------------------------------------------------------- Check Out More From Stock Power Daily: - [PREPARING FOR THE PRESIDENTIAL CYCLE]( - [4 MEGA TRENDS FOR 2024]( - [TOP STORY: WHAT HAPPENED TO THESE 3 POPULAR, AWFUL STOCKS?]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](