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Stock to Watch: $PRCH
I’ve been keeping an eye on Porch for a while now.
After a big earnings gap, the stock has been consolidating nicely and just broke out again.
With a market cap of $1.2B, it’s definitely on the smaller side with plenty of room to grow. It’s also starting to turn the corner on profitability.
It’s definitely on the volatile side, so size your position accordingly.
Previous Updates
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- Weekly Market Update: All Eyes On the Mag 7
- Weekly Market Update: Earnings Season Is Here
- Market Update: The FinTech Comeback
- Weekly Market Update: Halftime
- Market Update: The Robots Are Coming
- Weekly Market Update: The Broadening
- Market Update: The Break Point
- Weekly Market Update: Patience
- Market Update: The Memory Crunch
- Weekly Market Update: The First Trillionaire
- Market Update: In Focus
- Weekly Market Update: Deleveraging
- Market Update: A Change of Character