5 Stocks to Watch this Week -- $REAL $WIX $GOOGL $AMZN $SHOP

September 26, 2022

Here’s what’s popping in the LikeFolio data universe…

The RealReal (REAL) 

  • The secondhand luxury market is recording higher growth vs. new luxury purchases, according to the Wall Street Journal.
  • LikeFolio macro trend data confirms consumers are buzzing for high-end retail: Luxury fashion demand mentions have risen by +62% YoY, and thrifting mentions are up +4% YoY.
  • One beneficiary of BOTH luxury trends is The RealReal, an eCommerce retailer of luxury consignment.
  • Consumer mentions of shopping with The RealReal are rising in the current quarter: +16% YoY. REAL shares have shed more than -87% in value in the same time frame. Divergence forming?

Wix (WIX)

  • WIX shares popped last week after an activist investor announced a large stakein the company, stating is was undervalued at its current level. Starboard purchased 5.2 million shares of Wix – 9% of the company.
  • Since then, the stock has given back most of the announcement-driven gains. Shares are currently trading more than -60% lower YoY.
  • LikeFolio data suggests the activist investor may be on to something: Consumer mentions of signing up for or using the WIX platform have risen by +12% YoY.
  • Data also suggests more users are returning to the platform. The number of returning users in August is 6% higher vs. levels recorded at a low point in November 2021.

Alphabet (GOOGL)

  • Alphabet completed its acquisition of Mandiant, a leader in “dynamic cyber defense, threat intelligence and incident response services.”
  • Mandiant will continue to operate under its current name but will live under the Google Cloud umbrella.
  • LikeFolio data demonstrates that user privacy and data concerns are at the top of consumer minds. Each privacy-related trend in our universe is recording YoY growth in mention volume.
  • We featured GOOGL as a tech winner in the September MegaTrends report, and this acquisition supports our thesis. Google continues to adapt to growing security priorities among consumers and businesses.

Amazon (AMZN)

  • Amazon Prime Video viewership is receiving a massive bump thanks to its streaming rights for NFL ‘Thursday Night Football.’ Mentions of streaming content on Amazon Prime have risen by +115% YoY.
  • Not only is this partnership driving viewership, but it’s driving new Prime subscriptions too. Prime video subscription mentions (which are included with an Amazon Prime membership) have risen by +56% YoY.
  • This is a positive driver of buzz for Amazon, which is exhibiting positive consumer momentum in the current quarter. Company-wide, Amazon mention volume is pacing +11% higher YoY, a significant improvement for a company that garners more than 40,000 mentions/day.

Shopify (SHOP)

  • Shopify is showing early signs of divergence – meaning, consumer demand is heading in one direction, and the stock price is heading in the opposite direction.
  • SHOP shares are trading -77% lower YoY – below levels recorded in 2019. But consumer mentions of signing up for or using the eCommerce platform are +11% higher YoY and + vs. 2019.
  • In addition, macro trends including eCommerce (+9%) and shopping from a mobile device (+29% YoY) are showing near-term strength.
  • Keep an eye on this name. Members should watch for official alerts.

Want deeper insights? Get Free Access to The Vault.

Related Posts

Roku Earnings: What LikeFolio Data Is Telling Us

Roku makes streaming devices that allow its customers to stream […]

Read More
You down with DTC? (ya you know me!)

Nike reported an awesome quarter Tuesday evening.  The stock is […]

Read More
iPhone 12 update: Is demand waning?

Apple (AAPL) iPhone 12 Update Apple delayed (and then staggered) the release of […]

Read More
1 2 3 15

Related Posts

Related Reports

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.