19 November Watchlist 👀

Table of Contents

 

Today we are watching…

1. Home Depot (#homdep)

In a relatively mute run of earnings releases compared to weeks gone by, Home Depot is breaking the silence! Today, analysts are challenging the retailer to beat estimates of $2.53 in profit per share on $27 billion in revenue. If housing data is resilient, trade war tariffs don’t bite, and its store concept continues to resonate, the home furnisher’s stock could rise as soon as the opening bell rings. The early bird catches the Home Depot earnings report, as they say, with the company choosing to share its financials in the morning. The stock is up almost 40% this year. How could that change following this quarterly update from management?

2. Line Corp (#ln)

It’s the end of the line for investors in this massive Asian messaging app, as Yahoo Japan, a mega search portal, merges with it to create a unified company. Line is being taken private, which means goodbye to the Nikkei! However, it is a happy farewell. Yahoo Japan’s tender offer per share bails out Line shareholders at a 12% premium to Friday’s closing price before rumors of this merger had surfaced. As a single outfit now half-and-half owned by Naver and Masayoshi Son’s Softbank, the new internet powerhouse could rival Facebook and Google in the US, and WeChat in China. It’s expanding internationally as a one-stop-shop social platform with payment processing, taxi-hailing, and music streaming functions. Investors will need to stay on their toes!

Share:
More Posts
The Crude Oil Bust 🛢
28 September, 2023

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.
Metaverse Returns 🤖
28 September, 2023

Meta, led by CEO Mark Zuckerberg, is intensifying its commitment to innovation in the Metaverse through the introduction of the Quest 3 VR headset.
Higher Rate Households 📈
27 September, 2023

The recent Fed decision to pause rates has left the federal funds rate at its highest level since 2000.

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.