31 July Watchlist 👀

 

Today we are watching…

1.  Shopify (#shopify)

If you own any e-commerce growth stocks that aren’t soaring this year, something’s gone terribly wrong! There seems to be no ceiling on Shopify and its competitors, raging into the third quarter up a whopping 144%! Fueled by its in-house payment system and Plus subscription service, investors are hopeful that there are plenty more chapters left in Shopify’s growth story. Another page will be written today as the company aims to break-even, targeting profit per share estimates of $0.03 on $350 million in revenue.

2. Fiat Chrysler (#fca-milan)

A once quaint Italian carmaker has ballooned into an automotive juggernaut, pulling the strings of car brands like Alpha Romeo, Jeep, Dodge, and Maserati. It’s not been a smooth ride for the company since visionary CEO Sergio Marchionne died unexpectedly last year. Investors watch on as the change in leadership brings on huge organizational transformation, precisely at a time when sales appear to be breaking down. Fiat Chrysler could make some noise in Europe if it beats earnings today, but the market is skeptical. Wall Street estimates sit at $0.64 of profit per share on $31 billion in revenues.

Share:

More Posts

Get your daily Invstr Crunch

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

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.

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, holding or investing in digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. 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.