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 onome@greentickertales.com
Eunisell
Eunisell was the best performing stock on the NGX last week. Up from the second position in the prior week.
It opened at N11.99 and closed at N19.27, up 60.72%. Why is it on my watchlist? I expect it to pull back at some point in this week’s trading session, as the stock is up over 400% year to date.
Lafarge Africa
Lafarge Africa takes second place on my watchlist. The stock had been in the news following some market chatter about a Chinese investor buying in. The stock traded larger than usual volumes and ended last week’s trading session up 28.5%
Haldane MCcall
Haldane Mcall was listed on the NGX last week, and closed the trading session higher. Trading volumes were also fairly strong.
Crowdstrike
Crowdstrike is one of the biggest cybersecurity firms in the world. The company had a hitch in an upgrade a couple of months ago, that threw many firms in disarray. We dont have a full picture of the liabilities involved yet. If it is negative, it may lead to a dip in the stock’s price which is a great buying opportunity.
Zoom
Everyone knows Zoom. The stock is trading close to its year high. If it does better than expected, it should have a new year high.
Salesforce
Salesforce is trading at a 5 year high and drops its latest results within the week. If they come in better than expected, expect a further rally. If they do worse, expect a pullback.
Mecure
Mecure takes the last spot, because it was the worst performing stock last week. It declined by 18.53% to close at N10.55.
Leave a Reply