It has been a rough year so far in the markets, but this too shall pass. There are however winners posting phenomenal gains every day. We remain dedicated to bringing you the stories with the most near-term growth potential.
Good day everyone and welcome to our new group members,
The equities market had a nominal gain last week although the volatility on Thursday and Friday erased the big gains from earlier in the week. Investors seemed to be non-plussed with the September jobs report indicating the unemployment rate was at 3.5%.
Q3 earnings report season is in full swing with early reporters such as Levi’s, Conagra, and Acuity Brands beating earnings estimates. Over the next few weeks, we should have a better handle on sector performances as more companies report earnings.
Our next report is on a NASDAQ company that is new to our group, and I must say I’m excited about this one. After getting NASDAQ listed earlier this year, the company has been marching forward. They have a tiny share structure, enough cash on hand to fund operations for a year, and a sizable level of insider ownership.
What has me excited is this company’s disruptive technology. In the sector they operate in they have invented the proverbial “better mousetrap” and potential customers are flocking to it. The stars are lining up for this company because even events they hadn’t planned on are working in their favor. Get ready because this company may have “homerun” potential.
Stay tuned and stay informed. We will issue this report on Monday, October 10, 2022, at or near the opening bell.
The Traders News Group |