RH Year-High Rally, COST Little Changed, Homebuilder Downgrades
Portfolio Pulse from
RH experienced a significant rally due to raised guidance despite missing earnings, while Costco's stock remained relatively unchanged after an earnings beat. Broadcom also had notable earnings.
December 13, 2024 | 3:45 pm
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POSITIVE IMPACT
RH's stock saw a significant rally due to raised guidance, even though it missed earnings expectations.
The raised guidance suggests positive future performance, which likely drove the stock rally despite the earnings miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Costco's stock remained relatively unchanged despite an earnings beat.
Despite beating earnings expectations, the lack of significant stock movement suggests the market had already priced in the positive results.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60