Welcome to the Juneteenth 2024 Special. This compilation offers some ideas for you to analyze. Please note that the trades listed here are not ready-to-execute suggestions; do your own due diligence before trading. I dedicate many hours preparing this list, so instead of sharing it directly with friends or familly, please recommend our site to them.
Let’s begin our exploration of wholesale stocks by focusing on two major players in the sector: Costco and Walmart.
Costco ( cost ) consistently delivers stable profits, making it a promising candidate for entry during periods of consolidation. Keep this stock on your watchlist as a potential investment opportunity
Walmart (WMT) also demonstrates strong profit and sales figures. As sectors tend to move together, Walmart may currently present a new entry opportunity. Let’s add Walmart to our watchlist
Founded in 2013 and headquartered in Beijing, Kanzhun Limited is not your typical job matchmaking service. Operating under the vibrant BOSS Zhipin brand, Kanzhun turns the traditional job search on its head by letting enterprise customers and job seekers swipe right (metaphorically speaking) on each other through its innovative mobile app. It’s like a dating app, but for jobs, streamlining the flirtation process between potential employers and job hunters. Besides playing Cupid in the job market, Kanzhun also dishes out sage advice through management consultancy and flexes its tech muscles with technical services.
China’s vast market offers significant potential, making it an attractive playground for investors considering stocks like Kanzhun Limited. However, the market can sometimes behave like a moody cat—unpredictable and a bit mysterious. So, while there’s promise, it’s wise not to bet the farm (or your house) on this stock
Kanzhun Limited (BZ) stock is like a rocket with a lot of fuel—it has huge potential! But remember, even rockets have to navigate through some turbulence. So, approach this stock with a healthy dose of caution, as there’s significant overhead to consider
Ecolab Inc. (NYSE: ECL), a global leader in water, hygiene, and infection prevention solutions, has demonstrated impressive stock performance as of June 2024. The stock is currently trading close to its 52-week high of $243.37 at approximately $240, following a strong upward trend over the past year. For the first quarter of 2024, Ecolab reported a significant 52% increase in adjusted diluted EPS to $1.34, with revenues rising by 5% due to gains in its Institutional and Specialty segments. The company has upgraded its full-year profit outlook, now anticipating an adjusted diluted EPS in the range of $6.40 to $6.70, which marks an increase of 23% to 29%.
Ecolab boasts a market capitalization of around $68.55 billion and a P/E ratio of 44.42. It has been restructuring, including a strategic sale of its global surgical solutions business for $950 million. The company is also advancing its sustainability goals, achieving 100% renewable electricity usage in Europe. These initiatives, along with its robust financial results, position Ecolab as a strong contender in the market with promising growth prospects.
Don’t be too hasty in pushing your star performers, like NVIDIA and Eli Lilly, off the stage just to grab new stocks. Keep an eye on Hims & Hers Health, which is teetering on a pivot point and might just sprint to new all-time highs. We all love watching stocks like NVIDIA, Eli Lilly, and Hims & Hers reach peak performances, so let’s not be trigger-happy with the sell button on these gems
If you have any questions, please feel free to contact me at henrik@overwise.se or reach out to me on Mastodon at @hekenberg@mastodonsweden.se.
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