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Footwear Maker Jumps 9%

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Wed, Nov 29, 2023 01:27 PM

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Company tops quarterly earnings and sales estimates. that takes advantage of a unique market trend.

Company tops quarterly earnings and sales estimates. [Trade of the Day Wake-Up Watchlist] Good morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures climbed on Wednesday after a top Federal Reserve official hinted the central bank is done with rate hikes. Fed Governor Christopher Waller said there was “no reason” to insist rates stay “really high” if inflation continues to cool, and influential investor Bill Ackman said a rate cut could come as soon as the first quarter. It’s Wednesday, and every week our Head Trading Tactician Bryan Bottarelli makes [one specific trade]( that takes advantage of a unique market trend. Right now he’s guaranteeing an 80% win rate on this trade – and if you get in now – you can start receiving multiple trading opportunities every month. [Click here to discover Bryan’s Wednesday trade.]( Here’s a look at the top-moving stocks this morning. Foot Locker (NYSE: FL) Foot Locker is up 9.06% premarket after the athletic footwear retailer easily beat quarterly earnings and sales estimates and narrowed its fiscal-year outlook. Foot Locker posted third-quarter adjusted earnings of 30 cents a share, above Wall Street’s calls for 21 cents a share, according to FactSet. Our Head Trading Tactician Bryan Bottarelli got positioned on FL yesterday in [The War Room](. [Click here to unlock that trade.]( Gamestop Corp. (NYSE: GME) Gamestop is up 10.67% premarket after strong premarket trading volume led to it becoming the third most actively traded stock on the New York Stock Exchange. Both Gamestop and AMC were among the most discussed by traders on social media site stocktwits.com on Wednesday. [AI SINGULARITY IS 3 MONTHS AWAY]( This is the exact moment when AI will throw off its shackles, instantly growing billions of times more intelligent than Einstein. A two-time hedge fund manager is sharing a "Singularity Investor Playbook" you can use to position yourself at the forefront of this historic moment. [TAKE THESE 3 STEPS NOW]( NetApp, Inc. (Nasdaq: NTAP) NetApp is up 11% premarket after its latest earnings report. The company’s earnings per share of $1.58 topped the $1.39 expected on revenues of $1.56 billion vs. $1.53 billion expected. For the quarter ending October 2023, NetApp reported revenue of $1.56 billion, down 6.1% over the same period last year. General Motors Company (NYSE: GM) General Motors is up 7.82% premarket after the automaker announced a $10 billion share repurchase. The company is seeking to reassure investors about the health of its core car-making business after setbacks in fledgling pursuits like EVs. Workday, Inc. (Nasdaq: WDAY) Workday is up 8.71% premarket after the software maker reported Q3 earnings that topped estimates and raised its fiscal 2024 revenue outlook. Revenue climbed 17% to $1.87 billion, including acqusitions. Analysts expected Workday earnings of $1.41 a share on revenue of $1.85 billion. A year earlier, Workday earnings were 99 cents a share on sales of $1.6 billion. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [AI SINGULARITY IS 3 MONTHS AWAY]( This is the exact moment when AI will throw off its shackles, instantly growing billions of times more intelligent than Einstein. A two-time hedge fund manager is sharing a "Singularity Investor Playbook" you can use to position yourself at the forefront of this historic moment. [TAKE THESE 3 STEPS NOW]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2023 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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