Hi everyone.
On 12/08/2022, our system had provided a few picks and the results are as below:
BBWI – (Buy) – Withdrawn
WELL – (Sell) – In The Market
TTWO – (Sell) – In The Market
US stocks closed at session highs on Friday, with the Dow adding more than 400 points, the S&P 500 1.7% and the Nasdaq 2.1%. Sentiment this week was boosted by signs that inflation is peaking, prompting markets to speculate that the Federal Reserve might ease interest-rate hikes soon.
Let’s review our stock picks on Friday.
Call for buy for BBWI which was withdrawn but the call was made in the right direction. Our system withdrew because the price opened with a gap above our EP before trading upwards throughout the market and hitting our TP.
Bath & Body Works, Inc. operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products. The company sells its products under the Bath & Body Works, White Barn, and other brand names. The stock is about to trade ex-dividend in two days.
Call for sell for WELL which is still in the market. Our system entered at $82.00 and has not made a call to profit as the stock traded sideways throughout the market.
Welltower Inc., an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.
Call for sell for TTWO which is still in the market. Our system entered at $123.30 in the final 30 minutes of trade and has not made a call to profit and the stock closed near our target price at a small profit.
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and T2 Mobile Games names. The company recently published its fiscal first quarter which missed the Wall Street’s target and it also guided lower for the current quarter and full year.
Stay tuned for more of our stock picks.
Want the next pick before it's written up?
AIRESCAN's AI publishes live recommendations in the app.