Diamonds and Dogs
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7/3/24
Three for three this week as Tesla (TSLA) rises once again up another 6% today after rallying 9% and 5% the previous two days. The stock is up over 30% in the last two weeks following better than expected second quarter deliveries and a slew of upgrades. Wedbush upgraded the stock with a $300 price target today.
On the earnings front, Constellation Brands (STZ) fell 3% following earnings. Earnings actually beat expectations, but sales missed as the long hoped turnaround in the wine and spirits business has yet to materialize.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.