Hereâs what Green Zone Power Ratings says⦠Published By Money & Markets, LLC. February 03, 2024 Published By Money & Markets, LLC. February 03, 2024 [Turn Your Images On] How 4 Stocks Rate After Double-Digit Moves Editor’s Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it’s time to buy in. That’s what today’s Money & Markets Daily is all about. We’ll show you some of the week’s biggest movers, and then run them through Adam O’Dell’s proprietary Green Zone Power Ratings to see how they stack up. - Meta Platforms Inc. (Nasdaq: META): Shares of the Facebook parent soared more than 20% higher on Friday after a massive earnings beat. Meta’s profits tripled in the fourth quarter of 2023 compared to the same quarter a year ago. The cherry on top? The mega-cap tech company announced it will issue its first-ever dividend. That’s all fantastic news for this [“Bullish”]( stock⦠- Powell Industries Inc. (Nasdaq: POWL): In other earnings news, this electrical equipment distributor’s shares ripped almost 50% higher on Wednesday after a bullish earnings call. POWL executives also raised the dividend on the [“Strong Bullish”]( stock by 1%. - Deckers Outdoor Corp. (NYSE: DECK): Have you caught the Hoka bug? Sales of this popular running shoe brand are boosting [“Strong Bullish”]( DECK stock in a big way. The company reported a 21% jump in Hoka sales in the third quarter of 2023, and executives raised their outlook for 2024. - Peloton Interactive Inc. (Nasdaq: PTON): It wasn’t all roses in the stock market this week. Shares of the at-home fitness platform crashed 23% from Wednesday’s close to Friday’s close after posting a dismal outlook for the rest of the year. Matt Clark [warned about]( this “High-Risk” stock back in September 2022. PTON has lost 56% of its value since that day. Have you added any of the stocks you’ve read about in Saturday’s Money & Markets Daily to your own portfolio? Or maybe you avoided a poorly rated stock and noticed it crashed later. We’d love to hear about your experience! Just email us at Feedback@MoneyandMarkets.com. Have a great weekend! â The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [Get Picky With Small Caps in 2024]( [Turn Your Images On]( [1 Strong Bullish Stock Targets Booming Cloud Business]( [Turn Your Images On]( [Hedge Funds Wish They Had This Edge]( [Turn Your Images On]( [$17.9 Billion to Be Paid Out to People Across America]( ---------------------------------------------------------------
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