VRRM Verra Mobility Corporation- also strong up the last 5 days... $30.57-0.27(-0.88%)1:01 PM 07/24/24 NASDAQ |$USD |Realtime
TWST Twist Bioscience Corporation- Up 9%5 days somehow---- Super primo! $57.63-1.25(-2.12%)1:03 PM 07/24/24 NASDAQ |$USD |Realtime
On Tuesday,Skechers USA Inc. (NYSE:SKX) stock received an upgrade from Morgan Stanley from Equalweight to Overweight, with a new price target set at $80.00. The upgrade reflects a potential upside of approximately 26% from the current share price. The firm based its decision on several key factors, including positive results from proprietary research, which includes a 2024 global sportswear survey and channel checks. Additionally, Morgan Stanley expressed continued confidence in the likelihood of positive earnings per share (EPS) revisions over the next twelve months (NTM).
June 8th. Stock was $73 now $64<--------- Bank of America'sChristopher Nardoneupgraded their rating on Skechers Usa (NYSE: SKX) from Hold to Strong Buy on 2024/06/07. The analyst also raised their price target by 22.5% from $71 to $87. According to Nardone, there are several factors supporting the upgraded rating and increased price target on Skechers. The wholesale environment is improving, and broader footwear trends remain "solid." Additionally, the analyst believes that management's implied guidance for the second half of the year could be conservative. As a result, Nardone raised their Q2 and FY24 earnings per share (EPS) estimates by 8% and 2%, respectively, to reflect the anticipated stronger sales.
Couple ways of looking at this. 1> Shoes are dead. Nike sucks FL sucks and nobody wears shoes anymore. 2> New balance has doubled their business lately, ONON is killing it and Adidas has great numbers. GBA Upgrade-> BUY SKX Skechers U.S.A., Inc. $64.64-0.46(-0.71%)2:16 PM 07/24/24 NYSE |$USD |Realtime
ALL RISE THE OPTION KING IS IN DA' HOUSE- The set up is not perfect but I want to teach " The System " again to new viewers. A) Have a name you have a decent feeling about going into earn.- Don't like the insider selling* Retail turning over. consumer pulling in. Like I said not a perfect set up. B) Buy just before earn at a discount on a down market day. 65.00 2.80 -0.70 -20.00% <------ Discount 2.95 <----- bid 3.10 <----ask 72
LOL. There's no genius in this trade Stoney. You're simply saying you think it's going to go up on earnings. It's a directional call. You break even at $68. Simple as that. You could eliminate all the silliness and just say "I believe SKX is going to go up on earnings." See how easy that is.