Watchlist is a list of stocks i will be paying close attention to across the NGX and US stock markets for various reasons.
It is not a buy/sell/hold recommendation. Or investment advice in any shape or form.
Should you have any questions, please feel free to share. You can drop a comment or send an email to info@greentickertales.com
Lafarge Africa
Lafarge Africa takes the first spot on my watchlist, following a notice sent today of a Chinese investor buying Holcim’s majority stake in the company. The stock also had a spot in my watchlist for last week.
Though thinly traded, i expect the stock to open on full bid on tomorrow’s trading session.
FCMB Group
FCMB Group takes the second spot. The company had stated it would release its 9M 2024 results within the month.
Zscaler
Zscaler is a cybersecurity firm and will drop its latest earnings on Monday after trading market close. Questions that will be top of mind are if the additional deals following the Crowdstrike incident are sticky.
Okta
Okta results will drop after trading hours on Tuesday The stock isnt trading far off from its year low. If the results are poor, they could fall below that. The company is into ID management.
Chewy and SentinelOne
Chewy and SentinelOne have a joint spot because they both will drop their earnings on Wednesday. Chewy will drop its earnings before market open, while SentinelOne will release theirs after market close.
Chewy is an online retailer of pet food and other products. The stock is also close to its year to date high. Retail results have been mixed. Target was poor. Walmart was great. If the results come in better than expected, the stock could break a new year to date high.
SentinelOne is a cybersecurity firm and is about $2 below its year high. If earnings outeform, it will break above. If they are below expectations, the stock will dip.
Sunu Assurances and Austin Laz
The duo have a joint place because they were the best and worst performing stock last week on the NGX. Penny stocks have been in play in the last few weeks, so future direction is hard to predict.
Lulemon and Ulta
Lululemon and Ulta take the last spot on my watchlist because their earnings will drop on Thursday after US market close.
Ulta’s share price has taken a pounding this year and i dont expect a change.
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