News

Latest News

Stocks in Play

Dividend Stocks

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Watch These Stocks Today - Workday, Norwegian Cruise, Cava, and Grail

Last Friday, Workday (WDAY) shares surged by 12.49%, closing at nearly $260. Investors celebrated the company’s adjusted $1.75 a share profit. Operating margins increased again, rising to 24.9% compared to 23.6% Y/Y.

WDAY stock has more upside from here. The firm is forecasting operating margins topping 30% by FY 2027. This is up from a prior target of 25%.

In the travel sector, the seasonal summer strength is ending. Still, Norwegian Cruise (NCLH) gained 7.76% last Friday. Investors snapped up interest-sensitive stocks after Fed Chair Jerome Powell said the odds are high for a September rate cut. When lending rates fall, consumers are likelier to save less and spend more on vacations.

Cava Group (CAVA) added nearly 20% last Friday. The firm raised its FY24 same-restaurant sales growth from 8.5% to 9.5%. In Q2, same-restaurant sales grew by 14.4%. This acceleration will continue. The Cava Bowl has the right blend that resonates with its customers.

Grail (GRAL) is the stock to avoid. The downtrend continued as investors continued to sell the stock. In Q2, the firm lost $51.06 a share. Revenue grew by 42.7% Y/Y, albeit to $31.97 million. Grail needs to slash its spending even more. The headcount reduction is not enough to slow the expense growth.