These stocks are on fire! Power Solutions International (NASDAQ: PSIX) enjoys 1000%+ gains; StealthGas (NASDAQ: GASS) has a mighty surge. Meanwhile, Costco (NASDAQ: COST) dips following controversy, and Constellation Brands (NYSE: STZ) falls amid tariff fears. Keep reading for the full story. 📈 Want more? Check out the biggest winners and biggest losers on WSZ.
🔥 HOT: StealthGas (NASDAQ: GASS) gained 10.7% on Monday, finally pulling out of its tailspin after an extended drop that saw it lose 18.8% in one month. The company has had three solid earnings reports in a row, and its current price represents a discount compared to its intrinsic value. As such, we give GASS a Zen Rating of A. Even though GASS has had its ups and downs this year, it seems to be on the right track after significantly improving its financials in the latter half of the year.
🥶 NOT: Constellation Brands (NYSE: STZ) lost 1.4% on Monday, extending its current skid to 14 days and 9.5%. The company would be one of the most affected by the potential tariffs the Trump administration may levy after President Trump takes office next month. Constellation Brands owns Corona, Pacifico, and Modelo, all of which are imported. While its unclear whether or not the tariffs will actually be instated, the uncertainty is enough to drop STZ to a Zen Rating of C and a recommendation of hold.
🔥 HOT: Power Solutions International (NASDAQ: PSIX) gained 12.0% on Monday, bringing its 2024 gain to an absurd 1,194%. The company is poised to grow even more, with a focus on providing fuel-efficient engines to emerging industries with high growth potential. The company has solid financials, outstanding sentiment, and provides a great value despite its recent gains. PSIX is a steal and deserves its A Zen Rating and Strong Buy recommendation.
🥶 NOT: Shares of Costco (NASDAQ: COST) fell by 1.9% on Monday amid controversy surrounding the potential repeal of the company’s Diversity, Equity, and Inclusion (DEI) hiring policies. COST has dropped by 7.2% since December 17th after a group of investors lobbied the company to cease taking DEI into account during its hiring process. The group argues that hiring based on anything other than merit reduces the company’s performance as a whole. Costco, however, is standing firm and insists that a diverse group of employees brings creativity and originality to the business. Despite its recent hiccups, COST is still up 33% YTD.
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