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Three Reasons to Avoid WW and One Stock to Buy Instead
WeightWatchers’s stock price has taken a beating over the past six months, shedding 40.1% of its value and falling to $1.03 per share. This might have investors contemplating their next move.
Three Reasons to Avoid TDUP and One Stock to Buy Instead
ThredUp’s stock price has taken a beating over the past six months, shedding 36.7% of its value and falling to $1.31 per share. This might have investors contemplating their next move.
Why Is Deere (DE) Stock Soaring Today
Shares of agricultural and construction machinery company Deere (NYSE:DE) jumped 8.5% in the afternoon session after the company reported impressive third-quarter results that exceeded analysts' revenue and EPS estimates. Looking ahead, the company initiated fiscal 2025 guidance, calling for revenues down 10-15% year on year. While this may sound like a negative, it does show that end markets are not getting worse and may be reaching a trough. Zooming out, we think this was a good quarter with guidance showing that demand may be hitting a bottom in 2025 and poised for an uptick thereafter, especially if themes like reshoring and industrial automation become more real.