Thursday, December 1, 2022

Tech Company Rises After Massive Order

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures held steady on Thursday. There was a hefty spike late Wednesday following confirmation of a slower US rate-hiking pace from Federal Reserve Chairman Jerome Powell. China is also adopting a softer stance on COVID, with the country's top official Vice Premier Sun Chunlan saying the response is entering a new phase.

With the recent positive news, a Santa Claus rally is in play. If this happens, it's important to know when to get in and out of certain stocks. See how we use this 'Perfect Timing Pattern' in The War Room for wins as high as 121% in just over an hour. It also works during bear markets.

Click here to unlock the Perfect Timing Pattern.

 

Here's a look at the top-moving stocks this morning.

Okta, Inc. (Nasdaq: OKTA)

Okta, Inc. is up 15.53% premarket after the company's fourth quarter adjusted earnings guidance blew past expectations. Analysts expected a loss of 11 cents per share, but the American identity company posted guidance of 9 cents to 10 cents. Revenue came in at $481 million, an increase of 37% from a year ago.

 

Sonim Technologies (Nasdaq: SONM)

Sonim Technologies is up 26.05% premarket after announcing a $17 million customer order for its tablet products. Sonim expects to ship the order from the fourth quarter and into 2023, driving revenue growth over the third quarter of 2022. The new device revenue follows $13.9 million in tablets delivered in the third quarter. Overall, these revenue streams are helping Sonim expand into the broader markets.

 

Warning: The Last Value Play Gone After December?

Time is gone! Boss showing watch bad manager.
 

In this market...

There's only ONE STOCK (priced at just under $2) that could be $20 and STILL be a bargain.

It brought in more income in the last 12 months than Disney, Square or Tesla.

But a key announcement in December could send this stock rocketing skyward (and you could miss your chance... FOREVER).

Get the Details Now

Salesforce Inc. (NYSE: CRM)

Salesforce is down 6.63% premarket after co-CEO and vice chair Bret Taylor announced he's stepping down as of January 31, 2023. Co-founder Marc Benioff will become the solo CEO. The cloud-based company topped revenue estimates for its third quarter, with $7.84 billion in revenue, yet shares fell after reducing fourth-quarter revenue guidance of $7.9 billion to $8.03 billion.

With so many stocks falling in 2022, it's important to consider alternative investments. Gold has long been considered a safe-haven against inflation.

Click here to learn how to invest in metals and hard assets the right way.

 

PVH Corp. (NYSE: PVH)

PVH is up 9.56% premarket after the maker of Calvin Klein and Tommy Hilfiger offered a more positive full-year forecast. Executives said they expected full-year sales to be 'at the top end of previous guidance range,' for a decrease of around 3% year-over-year. The company also recently extended most of its licensing deals with G-III for Calvin Klein and Tommy Hilfiger wholesale women's apparel in the U.S. and Canada.

Stocks go up on positive news all the time, but do you know how to identify the PERFECT stock? Our friend Alexander Green is showing investors how a $4 stock could be the cornerstone of your entire retirement portfolio. He's using the same criteria to identify this stock as he did for Apple in 1997, Netflix in 2005 and Amazon in 2006.

Click here to discover this $4 stock.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

Alex Green's #1
Investment for 2023

He believes in it so much that he's putting in over $100,000 of his own money...

But YOU can get in for as little as $3.

Click Here to Get All the Details

No comments:

Page List

Blog Archive

Search This Blog

USAO - Florida, Middle News Update

Offices of the United States Attorneys   You are subscribed to USAO - Florida, Mid...