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“People just want to buy the stock without even thinking about the business,” Left said. While he understands people’s fanaticism surrounding Tesla, Inc. (NASDAQ: TSLA), Left said GameStop is completely different. “For people that were fanatical about Tesla, I got that. It was a great product, changing the world,” he said. “But to have a mall-based retailer that’s actually failing, doing poor, trading at all-time highs when it comes to valuation...If you believe they’re going to hit their numbers, they’re trading at next 12 months 42 times EBITDA, and normally it would trad...
Share: Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. The price action in Proctor & Gamble (NYSE: PG) following its second-quarter report makes it the PreMarket Prep Stock of the Day. Procter & Gamble Price Action Ahead Of Earni...
Share: Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. The Company: E.W. Scripps Co (NASDAQ: SSP) is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community new...
Paul La Monica is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Discussing tech stocks during Friday's edition of Benzinga's #PreMarket Prep, Paul La Monica argued that... Read More...