Top 5 Tech And Telecom Stocks That May Explode In Q4
Portfolio Pulse from Lisa Levin
The article lists five oversold stocks in the communication services sector that may present buying opportunities. These include The Trade Desk, Inc. (TTD), Urban One, Inc. (UONE), Criteo S.A. (CRTO), Cardlytics, Inc. (CDLX), and DISH Network Corporation (DISH). The companies' recent performance and RSI values are discussed.
November 10, 2023 | 1:51 pm
News sentiment analysis
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NEGATIVE IMPACT
Cardlytics reported worse-than-expected Q3 sales results. Its stock fell 54.5% to close at $6.25 on Thursday.
The poor sales results have significantly impacted the stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
DISH Network reported Q3 revenue below consensus. Its stock fell 5.8% to close at $3.44 on Thursday.
The missed revenue consensus has negatively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Criteo reported strong Q3 earnings. However, its stock fell 1% to close at $23.16 on Thursday.
Despite strong earnings, the stock price fell, indicating a potential disconnect between performance and market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
The Trade Desk reported strong Q3 earnings and revenue growth. However, its stock fell 2.6% to close at $76.81 on Thursday.
Despite strong earnings, the stock price fell, indicating a potential disconnect between performance and market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Urban One is partnering with TelevisaUnivision Inc. for the 2024 election cycle. Its stock gained 6.5% to close at $3.93 on Thursday.
The partnership announcement seems to have positively impacted the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100