$ODD showing strength! Closed at $46.46, above 20-day MA ($43.36) & 250-day MA ($40.13). Volume solid at 152K. Bullish breakout forming—buy zone up to $49.12. Targeting new highs with strong momentum! 📈🔥
Despite the impact of unusual items on Oddity Tech's profit, the company's underlying earnings potential is likely better than the statutory profit suggests. The company's high accrual ratio and non-recurring unusual items suggest that its earnings are probably conservative.
Oddity Tech's high P/E ratio is likely due to investors' expectations of strong future growth. Shareholders' confidence in future earnings and willingness to pay more for the stock, along with the company's superior earnings outlook, suggest the share price won't fall significantly soon.
$ODDITY Tech (ODD.US)$CFO is on mad money right now interview for like the past 5 minutes. it's an excellent interview she's right that a point she's like look we're delivering ahead of revenue expectations ahead of margin expectations and we're raising our numbers and raising our profit expectations going forward we're operating at the highest level within the industry everything she says sounds fantastic
ODDITY CFO Lindsay Drucker Mann is confident in the company's 2024 revenue growth projection and its strong position in online shopping for the beauty industry. Analyst Amit Peretz rates ODDITY a strong buy, hinting at its potential as a takeout target for other beauty companies.
CFO Lindsay Drucker Mann sees Oddity profiting from the consumer shift to online makeup and beauty products, and a trend towards science-backed items. Despite optimism, the stock fell 13% after hours.
CFO Lindsay Drucker Mann and CEO Oran Holtzman express confidence in the company's profitability and its ability to lead the changing beauty market, particularly in the shift to online and science-backed products.
CFO Lindsay Drucker Mann postulates that IL MAKIAGE, Oddity Tech's brand, may grow into a $1B brand. She forecasts future growth from new markets, categories, and market share gains despite mixed consumer spending in some sectors.
ODDITY Tech Stock Forum
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$ODDITY Tech (ODD.US)$ -- Puffery
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$Palantir (PLTR.US)$ -- Nonsense AI hype
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What else should be on this list?
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