An AI Stock's 30% Crash + Buy the Costco Dip?

Here's what Green Zone Power Ratings says… Published By Money & Markets, LLC. March 09, 2024 Published By Money & Markets, LLC. March 09, 2024 [Turn Your Images On] An AI Stock's 30% Crash + Buy the Costco Dip? 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. - Costco Wholesale (NYSE: COST): The popular warehouse retailer's stock dropped around 7% on Friday following an earnings miss for the last quarter in 2023. It fell short on revenue for the busy holiday season, but the stock still rates ["Strong Bullish."]( - Grifols SA (Nasdaq: GRFS): It was a wild week for this pharmaceuticals stock that carries a ["High-Risk"]( rating in our system. Shares tanked 15% on Thursday following a grim report from short-seller Gotham City Research. One day later, shares jumped almost 20% higher again after its auditor approved its accounts. Talk about volatility! - Custom Truck One Source Inc. (NYSE: CTOS): Shares of this firm focused on truck and heavy equipment rentals fell 17% over the week after missing on earnings and projecting weaker sentiment for the future — at least in the near term. Green Zone Power Ratings had already flagged this stock as ["High-Risk"]( before the crash. - BigBear.ai Holdings Inc. (Nasdaq: BBAI): Artificial intelligence is garnering a lot of attention in the market, but BBAI's big crash on Friday shows the risk of investing in new tech like this. The stock crashed 31% on Friday after showing revenue had grown less than 1% in the latest quarter. And our system has been ["Bearish"]( (or worse) on this stock for months now. Momentum was working on both sides of the market this week. Momentum is also a big part of Adam's "Money Code" — a system he developed to find these stocks moving higher at a rapid pace. He's targeting similar triple-digit gains — in just a few days — by tapping into a $7 trillion market outside of stocks and bonds that are currently dominated by Wall Street's elite. [Click here to see how you can join in]( on his next trade that's coming out at 2 p.m. ET on Monday, March 11. Have a great weekend! — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [Move Over Bitcoin … (This $7 Trillion Asset Is Surging)]( [Turn Your Images On]( [The Truth About Investing in Election Years]( [Turn Your Images On]( [Find “Hot Hand” Stocks to Beat the Market]( [Turn Your Images On]( [1 Space Stock to Watch, 1 to Avoid]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. 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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](