29 July Watchlist 👀

 

Today we are watching…

1.  Beyond Meat (#bynd)

Another chockablock week ahead in earnings season, and we start in the deep end with the market’s hottest stock reporting its numbers. Beyond Meat has gone beyond all expectations since launching onto the stock market a few weeks ago, with the stock up an unbelievable 250%! “Preposterous, reckless, and unjustified,” say some investors. Others believe meatless meats will disrupt everything, seeing a $30 billion strong market for plant-based alternatives on the horizon. The bulls and bears can’t both be right, but everyone agrees that the company must beat earnings expectations today to keep up the momentum. Analysts estimate there’s an 8 cent loss per share ahead on $50 million of revenues.

2. Dish Network (#dish)

Mobile networks and Telecoms are a contact sport. Dish knows that all too well having watched T-Mobile and Sprint unite against it in recent weeks. The government has had to step in, making sure Dish isn’t completely put out of play by the mega-merger. Today will mark the first of many earnings reports from Dish in an era of consolidated competition, and investors are split on the company’s long-term prospects. Last week, T-Mobile hit its earnings numbers for six. Today, Dish attempts to answer back. Wall Street estimates $0.66 of profit per share will be made on a $3.14 billion haul of revenues.

Share:
More Posts
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.