A lot of stocks went up this week — but not all of ‘em. Here are some of the biggest movers we’re tracking RN, in both directions…
P.S. For more stocks making moves, check out our new Zen Ratings Upgrades & Downgrades screener.
🔥 HOT: Sezzle (NASDAQ: SEZL) gained 4.6% on Tuesday, bringing its four-day performance up to 71.5%. The company has grown a tremendous amount over the last year, and yet it’s still trading below a forward-earnings multiple of 30. The stock is up over 570% year-over-year and has more than doubled since January, making it one of the hottest stocks of the year. Unsurprisingly, we give SEZL an A Zen Rating and a Strong Buy recommendation. Despite its meteoric rise, all signs point to more growth ahead.
🥶 NOT: Schrödinger’s cat is dead. Well, maybe. At the very least, shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) tumbled 14.6% on Tuesday after the company reported a quarterly revenue of $1.5 million, a significant drop from the $3.1 million it brought in for the same quarter of last year. The company still has government contracts with both the U.S. and the U.K., but its near-term growth potential is more uncertain than ever. We give the stock a D Zen Rating and a Sell recommendation.
🔥 HOT: Shares of Applovin (NASDAQ: APP), a mobile marketing and ad services company, gained 6.3% on Tuesday as part of the broad market rally following the tentative ceasefire in the U.S.’s trade war with China. APP was up almost 60% by February before it got derailed by the market’s correction, and it looks like the stock is on pace for some serious gains now that volatility is finally dying down. We give APP a B Zen Rating on the back of its outstanding Financials (A) and solid Sentiment (B). The company is projecting significant earnings growth through 2026 as companies continue to shift more of their ad budgets into mobile platforms.
> Learn more about our Financials rating metric
🥶 NOT: Being a Hertz (NASDAQ: HTZ) these days, well, hurts. The stock lost 16.9% on Tuesday after the company reported wider-than-expected losses. Hertz’s first-quarter revenue came in $190 million below consensus estimates, and its loss per share was almost 14% off of Wall Street’s target for the quarter. HTZ is up 55.8% YTD, which sounds great until you realize that it’s lost almost 40% in under a month. Our analysis gives HTZ D ratings for Value and Sentiment and C ratings across other metrics. HTZ is simply not a great value at its current price, given its growth potential. We give the stock a D Zen Rating and a Sell recommendation.
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