Send me real-time posts from this site at my email

Out Fox The $treet - June 12, 2019

Stocks to watch on Wednesday:

Dave & Busters (PLAY) - the stock is cratering 20% today on a big guidance cut. My research had warned people to not chase the new rally with the CEO leaving right after the EBITDA margin peaked. More research: Dave & Buster's Busted Plan

HEXO (HEXO) - the Canadian cannabis company reports FQ3 number for the quarter ended April 30 after the close. The company should provide more insight into their growth plans and also further indications of how weak the adult-use cannabis market has been in Canada. With the Newstrike Brands merger just finalized, investors will focus heavily on guidance that had revenues topping $300 million in 2020. 

Qualcomm (QCOM) - the stock is down 2% on signs that Apple (AAPL) is looking to buy the modem business from Intel (INTC). Investors should consider the likelihood that Apple has a viable modem in 4 years when their deal with Qualcomm is over. Buy $QCOM on the weakness. 

Disclosure: Long QCOM 

Welcome!!! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue