Top 2 Materials Stocks That Are Ticking Portfolio Bombs
Top 2 Materials Stocks That Are Ticking Portfolio Bombs
Here's the latest list of major overbought players in this sector.As of Aug 29, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
截至2024年8月29日，材料板塊中的兩隻股票可能對那些將勢頭視爲交易決策的關鍵因素的投資者發出真正的警告。
The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to
RSI是一種動量指標，它將股票在價格上漲的日子的強度與在價格下跌的日子的強度進行比較。與股票的價格走勢相比，它可以讓交易者更好地了解股票短期內的表現。根據[鏈接] Benzinga Pro，當RSI超過70時，資產通常被認爲是超買的。
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Here's the latest list of major overbought players in this sector.
以下是行業中超買的主要股票列表。
Eightco Holdings Inc (NASDAQ:OCTO)
Eightco Holdings Inc (NASDAQ:OCTO)
On Aug. 15, Eightco Holdings posted second-quarter earnings of 43 cents per share. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC ("Forever 8"), the Company's largest subsidiary, said "The Company continues to focus on prioritizing the Forever 8 business in providing inventory capital for e-commerce sellers and refurbished apple product sellers. The Company has made significant progress in the first half of 2024 improving its financial condition, most notably through the elimination of $5.4 million in convertible notes and thus increasing shareholder equity." The company's stock gained around 5% over the past five days and has a 52-week high of $4.75 .
在8月15日，Eightco Holdings發佈了每股43美分的第二季度收益報告。Eightco的首席執行官、Forever 8 Fund LLC的總裁Paul Vassilakos表示：「公司將繼續優先考慮Forever 8業務，爲電子商務賣家和翻新蘋果產品賣家提供庫存資本。公司在2024年上半年取得了重大進展，主要通過清償540萬美元的可轉股票和增加股東權益來改善其財務狀況。」該公司的股票在過去五天內上漲了約5%，並且創下了4.75美元的52周高點。
RSI Value: 83.86
RSI值：83.86
OCTO Price Action: Shares of Eightco Holdings fell 2.4% to close at $1.84 on Wednesday.
十月行動價格：八享控股的股票週三下跌2.4%，收於1.84美元。
Sherwin-Williams Co (NYSE:SHW)
宣偉公司（NYSE：SHW）
On July 23, Sherwin-Williams Company reported second-quarter FY24 results. Adjusted earnings per share of $3.70, beating the Wall Street view of $3.48. President and Chief Executive Officer Heidi G. Petz said, "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the Company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% percent increase in adjusted diluted net income per share." The company's stock gained around 3% over the past month and has a 52-week high of $363.12.
宣偉公司在7月23日報告了2024財年第二季度的業績。每股調整後的收益爲3.70美元，超過了華爾街預期的3.48美元。總裁兼首席執行官海蒂·G·佩茨表示：「在油漆商店集團強勁表現的帶領下，我們繼續在公司各個部門執行已被證明有效的策略，以實現在預期範圍內的整體銷售額、毛利率擴張、EBITDA增長和調整後稀釋淨利潤每股增長12.5%。」該公司的股票在過去一個月內上漲約3%，並且創下了363.12美元的52周高點。
RSI Value: 70.33
RSI值：70.33
SHW Price Action: Shares of Sherwin-Williams gained 0.5% to close at $361.70 on Wednesday.
宣偉公司價格行動：宣偉公司的股票週三上漲0.5%，收於361.70美元。