Hot or Not, Stock Market Edition: 12/24/2024

What's looking spicy this week? Riding high: Carnival Corporation’s (NYSE: CCL) continues to gain. Fintech company Dave (NASDAQ: DAVE) is up over 900%. 

Not so hot: Winnebago Industries (NYSE: WGO) stock suffers in the face of inflation, and Trump Media & Technology Group (NASDAQ: DJT) fell last week. Here's the scoop. 📈 Want more? Check out the biggest winners and biggest losers on WSZ. 

🔥 HOT: Carnival Corporation’s (NYSE: CCL) stock gained 6.4% on Friday after beating its earnings projections for the most recent quarter by 86%. In one of the best earnings reports you’ll ever see, the company said that it continues to see record levels of bookings despite the fact that its cruises are priced higher than they’ve ever been before. The company is booked further out than it was last quarter, and its revenue climbed by almost 10%. CCL is up 46.4% YTD and earns a solid B Zen Rating.

🥶 NOT: RVs are one of those things that most people don’t really need, a fact that the owners of Winnebago Industries (NYSE: WGO) have learned the hard way throughout 2024. The stock lost 3.8% on Friday, bringing its YTD loss to 30.7%. Consumer research—and common sense—suggests that customers are looking for more affordable RVs and aren’t spending as much due to inflation and uncertainty in the economy. WGO’s latest earnings report showed a loss-per-share of $0.03, which is a long way from the consensus prediction of earnings-per-share of $0.20. The sentiment around WGO is at an all-time low, giving it a Zen Rating of C.

🔥 HOT: After nearly going belly-up early this year, fintech company Dave (NASDAQ: DAVE) is now up a jaw-dropping 977.8% after Friday’s 1.3% rise. Dave’s recovery and path to generating profit is nothing short of a miracle, and it continues to ride its momentum higher, even as Wall Street repeatedly claims that the ride is over. Whether or not Dave has the legs to keep gaining at this pace into 2025 remains to be seen, but its current momentum, financials, and growth potential give it a Zen Rating of B and a Buy recommendation.

🥶 NOT: Shares of Trump Media & Technology Group (NASDAQ: DJT) fell by almost 2% on Friday as things get messy as we approach inauguration day. Trump transferred 114 million shares of DJT worth $4 billion into a revocable trust, causing some concern over the incoming president’s long-term plan for DJT. We give DJT a D rating due to the complete uncertainty surrounding its future and its frankly baffling financials. The company’s market cap is $7 billion despite its revenue hovering around $1 million.

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