LikeFolio Weekly Roundup

October 25, 2024

The market at large had down week through close yesterday, with the SPX down ~0.75%, though popping back nicely today.

Our portfolio behaved much in the same manner, with a handful of very outsized moves to the upside. Here's an overview of our biggest movers over the last week through close on Thursday, Oct. 24.

Stride (LRN): +43%

Stride is LikeFolio's top pick in the non-traditional education segment, offering K-12 online education, career learning, professional skills training, and talent development services, supporting both students and adult learners. The company just put out a stellar earnings report this week, marking its highest year of gross enrollment growth ever recorded. Revenue increased 15% to $551 million, and operating income increased by nearly 300%! Wow. Still bullish -- we think this could be an even larger asymmetric winner if Trump secures an election victory.

Tesla (TSLA): +18%

Tesla’s third-quarter earnings smashed profit expectations, propelling a 17% stock jump as CEO Elon Musk forecasted at least 20% growth in 2025. Musk emphasized Tesla’s momentum toward robotaxis, with plans to launch a driverless ride-hailing service by 2025, sparking optimism about autonomous and high-growth future initiatives. Cybertruck sales also hit a milestone, becoming Tesla’s third-best-selling EV in the U.S. with over 16,000 units sold, achieving profitability along the way​. LikeFolio data shows improving web metrics -- we see big gains from here.

Chewy (CHWY): -6%

No major news from Chewy this week. LikeFolio data shows continued improvements on the eCommerce front, with web visits up +11% YoY in September vs. +5% in June. App usage is surging, with daily active users hitting multi-year highs as well. This pullback could present as an accumulation opportunity for long-term investors.

Check out the rest of the weekly roundup here...

Want deeper insights? Get Free Access to The Vault.

Related Posts

Checking in on DEMAND for Tesla ahead of earnings

Tesla reports earnings after the bell on Wednesday.  After last […]

Read More
Is Tesla's Blowout Quarter Just The Beginning?

With Tesla stock in the 250's just a couple of […]

Read More
Spotify's podcast platform is winning big

Spotify (SPOT) purchase intent surging Spotify Purchase Intent was the […]

Read More
1 2 3 23

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.
LikeFolio