RH reported a mixed earnings quarter with revenue growth but increased costs and expenses, leading to lower operating income, despite which the creator owns the stock.
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My STOCK Just went Insane‼️
The creator discusses several stocks, noting that while the market was generally down, Fubo and Revolve showed strength. The main focus is on "Elf on the Shelf" (ELF), which the creator highlights as an "absolute beast" with significant gains and potential upside. The video also briefly touches on Oracle and Adobe earnings and the impact of rising mortgage rates on the real estate market.
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Tickers discussed in this post
E.L.F. Beauty is a strong investment due to its brand power, successful product launches like hair care in Target, and the exclusivity of its "Road" brand, indicating significant long-term growth potential.
Nike was mentioned as being up, which the creator found surprising given the overall market conditions.
Adobe's earnings have been released, and the creator intends to share their opinion and perspective on the stock.
Oracle's earnings have come out, and the creator plans to share their opinion and perspective on the stock.
Revolve (RVLD) was up 5% today, indicating positive movement.
Fubo was mentioned as a small-cap stock that was strong today, up 6.5%.
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