♟ A Pullback Worth Buying

With weather patterns getting more extreme, this is a stock to consider in 2024. [Trade of the Day Logo] [View in browser]( [Image of Generac generator]( ["The 50-day moving average and 200-day moving average are about to intersect... which is typically considered a strong level of support."]( Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance [Bryan Bottarelli] I'd like to predict a big trend for 2024 that you can take advantage of right now. It has to do with homebuilding... And the best way to play it is Generac Holdings (GNRC). Here's the thesis... Just like you expect every new home to come with HVAC from Carrier Global (CARR) or Trane Technologies (TT)... As America continues to progress toward a new power grid, I could see a scenario in which every new home will soon come equipped with a standby generator from Generac. Given the extreme weather we've seen lately... Combined with an aging power grid... I believe consumers will start to expect backup generators to be included with their new homes... Which will pressure homebuilders to deliver. If this market transition takes place, it'll benefit GNRC tremendously. [Last Chance Before Tiny $3 Stock Soars (to $15)?]( "Wow!! Up +175% in 9 Months!!! Still Holding for More!!" - RocknRob 7/26/2023 See Why the Best Is Yet to Come [Wing of plane]( You see, Generac, which was founded in 1959 and is headquartered in Waukesha, Wisconsin, is the global leader in power generation equipment, energy storage systems and energy management devices for residential, light commercial and industrial markets. When your power goes out - especially in this day and age - you simply must have a backup plan to keep your home running. The more extreme weather we see... the more GNRC stands to benefit. And if you look at the chart below, you'll see something significant as we begin 2024... [GNRC Poised to Benefit From Extreme Weather]( [Logo] YOUR ACTION PLAN The 50-day moving average and the 200-day moving average are about to intersect... which is typically considered a strong level of support. And as you can see, shares are already bouncing off this level. With earnings coming up on February 21, now could be a good time to get positioned in GNRC and target a move back up to $155 here in Q1. To see exactly how I get in and out of stocks like GNRC, I invite you to join me in [The War Room](. Last week, Karim and I were on fire, closing all 19 of our trades for winners! [Don't miss out on our next batch of trades! Click here to join the thriving War Room community.]( [The Nuclear Miracle]( [Nuclear Bomb Explosion]( ✔️Powers 1 Million Homes at 1/10th the Size ✔️Less Expensive Energy ✔️$5 Billion in Annual Revenue ✔️A Huge Announcement in February Could Start a 10X Surge Over 5 Years! [Discover the $3 Stock While You Still Can!]( [Chart] MONDAY MARKET MINUTE - Financial Friday. Almost every major bank will report earnings this Friday before the market opens, including BAC, C, JPM and WFC. Their earnings results could set the directional tone of the markets to begin 2024. - DoorDash Receives Analyst Praise. Jefferies upgraded DoorDash (DASH) from "Hold" to "Buy" and raised its price target from $90 to $130. The firm sees a "long runway" for elevated EBITDA growth thanks to an expanding advertising business, improving economics in new verticals and increased international penetration. - Airliner Stares Down Potential Struggles. Bernstein downgraded Southwest Airlines (LUV) from "Market Perform" to "Underperform," lowering its price target from $29 to $24. Bernstein reports that the company's discount airline model is disadvantaged in the new world of airline marketing and that it faces both secular and idiosyncratic cost pressures that will keep its earnings power well below pre-pandemic levels in the near term. - Solar Company Trending Up. We all know that selling solar to residential customers has stalled out. However, First Solar (FSLR), the leading utility-scale provider of solar technology, is profitable and has a market cap of $18 billion. Sales and earnings are expected to grow 25% and 60%, respectively, over the next two years, and shares currently trade at just 13 times estimated 2024 earnings. 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