& The Opportunistic Trader
Good day, 360!
Here are some of our top movers today. Please join us in Market Masters – the hottest trading room around 
. JW will be LIVE teaching & trading in there today at tomorrow 9AM-11AM EST. Be the best prepared trader on the Street!
FOCUS LIST
PEV – Up over 140% in the pre-market after reporting revenue up 1,557% year-over-year to $4.77M for third quarter of 2024
OTLY – 2nd day, up over 20% in pre after announcing Q4 and full year 2024 financial results yesterday morning
CROX – Up over 17% in pre after reporting record 2024 Results with annual revenues of $4.1 billion, growing 4% Over 2023
*sponsored by The AI Report
There’s a reason 400,000 professionals read this daily.
Join The AI Report, trusted by 400,000+ professionals at Google, Microsoft, and OpenAI. Get daily insights, tools, and strategies to master practical AI skills that drive results.
Sign up now for free and work smarter, not harder.
HOTLIST
PEV – Up over 140% in the pre-market after reporting revenue up 1,557% year-over-year to $4.77M for third quarter of 2024
Phoenix Motor Inc. (PEV) designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally.
In the after-hours yesterday, the company reported financial and operational results for the third quarter ended September 30, 2024.
Highlights include:
-
Revenue increased 1,557% to $4.77 million, up from $0.18 million in Q3 2023
-
Gross profit increased to $1.12 million, up from a gross loss of $5,000 in Q3 2023
-
Net loss was $5.59 million compared to a net loss of $2.71 million in Q3 2023
-
Cash and cash equivalents were $0.3 million as of September 30, 2024, up from $31,000 on December 31, 2023
-
Net accounts receivables increased to $5.59 million as of September 30, 2024, up from $0.45 million on December 31, 2024
Shares of PEV traded up over 140% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $0.6957. Beyond that, $0.75, $0.85, $0.95 and $1.13 come into play.
Below $0.6957, targets to the downside are $0.6116, $0.55, $0.50, $0.45, $0.42, $0.39 and $0.33.
OTLY – 2nd day, up over 20% in pre after announcing Q4 and full year 2024 financial results yesterday morning
Oatly Group AB (OTLY) is an oatmilk company that provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia.
In the pre-market yesterday, the company announced Q4 and full year 2024 financial results
Highlights Include:
-
Fourth quarter revenue of $214.3 million, a 5.0% increase compared to the prior year period, with a constant currency revenue increase of 4.7% compared to the prior year period, with a solid volume growth in each operating segment.
-
Gross margin in the fourth quarter was 28.8%, which is a 5.4 percentage points increase compared to the prior year period.
-
Fourth quarter net loss attributable to shareholders of the parent was $91.2 million compared to net loss attributable to shareholders of the parent of $298.7 million in the prior year period.
-
Fourth quarter Adjusted EBITDA loss was $6.1 million, which is an improvement of $13.1 million compared to the prior year period.
-
As part of the Company’s previously-discussed evaluation of its Asian supply chain, the Company announced the closure of its Singapore manufacturing facility in December and is today announcing the discontinuation of construction of its second manufacturing facility in China (Asia III).
The Company expects to achieve its first full year of profitable growth in 2025. Specifically, in 2025 the Company expects:
-
Constant currency revenue growth in the range of 2% to 4%, which is negatively impacted by approximately 300 basis points from a change in sourcing decision at a large North American customer,
-
Positive adjusted EBITDA in the range of $5 million to $15 million, and
-
Capital expenditures in the range of $30 million to $35 million.
Shares of OTLY traded up over 20% in the pre-market after selling off yesterday in reaction to the news.
The first target for bulls is the pre-market high at $0.50. Beyond that, $0.56, $0.62, $0.65, $0.6710 and $0.70 come into play.
Below $0.50, targets to the downside are $0.44, $0.4150, $0.3859, $0.36 and then $0.30
*together with The Opportunistic Trader
Wednesday, February 19th, at 8 p.m. ET
The Overnight AI Gains Summit
With Silicon Valley Insider Jeff Brown and “Market Wizard” Larry Benedict
Discover how to combine the power of AI stocks with zero-days-to-expiration trades to potentially double your money (or more) in 24 hours, all throughout the year.
Register Here Now
CROX – Up over 17% in pre after reporting record 2024 Results with annual revenues of $4.1 billion, growing 4% Over 2023
Crocs Inc. (CROX) together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally.
In the pre-market this morning, the company announced its fourth quarter and full year 2024 financial results.
Highlights Include:
-
Consolidated revenues were $990 million, an increase of 3.1%, or 3.8% on a constant currency basis.
-
Full-Year 2024 Diluted EPS Up 24% to $15.88 and Adjusted Diluted EPS Up 9% to $13.17
-
Expects 2025 To Be Another Year of Positive Revenue Growth for Crocs, Inc., Led by the Crocs Brand
-
Upsizes Share Repurchase Authorization by $1 Billion Resulting in Total Authorization Outstanding of Approximately $1.3 Billion
Shares of CROX traded up over 17% in the pre-market in reaction to the news.
The first target for bulls is the pre-market high at $105.87. Beyond that, $107.70, $110, $113 and $115.08 comes into play.
Below $105.87, targets to the downside are $104, $102, $100, $98.50, $95, $94 and $92 come into play.
MARKET NEWS 
DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at https://ragingbull.com/disclaimer
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull (RB) services, you should assume that we have an affiliate relationship with the company providing the product that you purchase, and that we will be paid in some way. RB is not responsible for any content hosted on affiliate’s sites and it is the affiliate’s responsibility to ensure compliance with applicable laws. We recommend that you do your own independent research before purchasing anything. While we believe in the companies we form affiliate relationships with, please don’t spend any money on these products unless you believe they will help you achieve your goals.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
#Earnings #season #heats