WALE WATCH

Fresh information to help you navigate financial markets, by a pod of seasoned farers of the sea of stocks and markets. Worth a look every day.

Last updated -  

March 10, 2025

Large Cap Wales 🐳

Description
Daily Gain
Last Trade
Wale Score
HINGHAM INSTITUTION FOR SVGS
0.0003
240.82
5
LUCKY STRIKE ENTERTAINMENT C
0.001
9.56
5
SOLARIS ENERGY INFRASTRUCTUR
-0.0176
24.03
5
SHUTTERSTOCK INC
-0.0176
20.18
5
TECNOGLASS INC
-0.0077
65.94
5

Small Cap Wales 🐳

Description
Daily Gain
Last Trade
Wale Score
CITI TRENDS INC
-0.0563
23.63
4.75
LOVESAC CO/THE
-0.0382
17.1
4.75
RCI HOSPITALITY HOLDINGS INC
-0.0083
46.66
4.75
SLEEP NUMBER CORP
0.0107
7.57
4.75
VOXX INTERNATIONAL CORP
-0.0013
7.45
4.75

Last updated -  

March 10, 2025

read the full wale report below 👇

ocean view: choppy🌊

ocean view: Stormy⛈️

ocean view: calm🏝️

Stocks had a rockin' and rolein' session on Friday as traders were calmed by ever-gentle Jerome Powell who propelled markets into the green; it wasn't enough to get indexes in the green for the week. The unemployment rate ticked up slightly and unexpectedly leaving traders wondering if the turmoil in DC is starting to take its tole.

wale watch 🐳🧐

Some interesting finds from our WALE Report algo

($HIFS) Hingham Institution for Savings

HIFS is stacking cash 📈—2024 earnings hit$28.19M ($12.95/share), up from $26.37M last year. Net interest margin is creeping up, efficiency is improving (from 71.58% to 52.30%), and book value per share is flexing at $198.03 (+5%). StockNews.com just bumped their rating from “Sell” to “Hold” 🛑—not a moonshot yet, but worth watching.

($LUCK) Lucky Strike Entertainment

LUCK’s earnings were a mixed bag 🎭—revenue dipped 1.8% to $300.1M, and same-store sales dropped 6.2% YOY. But hey, net income flipped from red to green 📊. They’re still calling for mid-to-high single-digit revenue growth, but JPMorgan ain’t buying it anymore—downgraded from Buy to Hold and slashed the price target from $15 to$12. Ouch.

($SEI) SEI Investments

SEI is printing money—EPS up 31% to $1.19, revenue soaring15% to $557.19M, and operating income flexing with a 43% jump. Analysts are warming up—Raymond James upgraded it to “Outperform” with a $99 target 🎯.Overall consensus is “Hold,” but there’s a potential 12.43% upside. Might be a sleeper hit?

($SSTK) Shutterstock

SSTK fumbled hard—Q4 EPS of $0.67 missed the mark (expected$0.91), and revenue of $250.31M disappointed. Market wasn’t happy—Truist Financial cut their price target from $55 to $45. Stock’s been in free fall, now chilling at $21.47 (down from $29). The dip buyers might be eyeing this one👀.

($TGLS) Tecnoglass

TGLS just dropped record-breaking Q4 and full-year numbers—annual revenue climbed 6.8% to $890.2M, and backlog expanded 27.6% to a solid $1.1B. 2025 guidance calls for up to $1.02B in revenue (+10%). DA Davidson trimmed their EPS estimates, but they’re still bullish with a $90price target. Solid long-term play? Maybe.

($CTRN) Citi Trends

CTRN’s got analysts split—DA Davidson is still saying “Buy,” but they dropped their target from $33 to $20. Stock is trading at $26.39,below the average price target of $32.50. With consumer spending slowing and tariff fears in the air, retailers like CTRN could be in for a bumpy ride.

($LOVE) Lovesac

LOVE’s earnings were a bit of a mess—EPS came in at -$0.32(better than expected, but still red), while revenue dipped 2.7% YOY to$149.90M. DA Davidson kept their Buy rating but cut their price target from $44to $35. The stock’s down 20% in the past month thanks to market jitters and weak consumer sentiment. Catching a falling knife or a discount buy? 🤔

($RICK) RCI Hospitality

RICK’s nightlife is still popping—EPS jumped from $0.77 to$1.01, though revenue slipped to $71.5M. The nightclub segment is holding strong (+3.7% same-store sales), but Bombshells dragged it down (-24.7%).Analysts still love it—HC Wainwright says “Buy” with a $98 price target. The party ain’t over yet 🎉.

($SNBR) Sleep Number

SNBR’s Q4 earnings were a mixed bag—EPS of -$0.18 beat expectations, but revenue missed hard ($376.82M vs. expected $397.55M). Gross margin improved to 59.9%, but net sales dropped 12%. Analysts are staying on the sidelines—Piper Sandler and Wedbush both keeping their Hold ratings, with Piper trimming their price target from $12 to $11. Sleepy stock? Maybe.

($VOXX) VOXX International

VOXX just got a nastygram from Nasdaq for missing its Q3filing deadline. The delay is tied to an impairment test after their Gentex merger agreement. They’ve got until March 31 to fix it, or risk a potential delisting drama. If they comply, they could get an extension till July 14.Tick-tock, VOXX—this one’s a wildcard.

Market Currents 🌊

Headlines & market moves worth watching

Wall Street's Sell-Off Deepens Amid Economic Concerns

Source: Associated Press, March 10, 2025


Wall Street's downturn intensified on Monday as escalating worries about the economy and President Trump's tariff policies led to significant declines across major U.S. stock indices. The S&P 500 fell 1.9%, the Dow Jones Industrial Average dropped 0.9%, and the Nasdaq Composite decreased by 3%. Investors are increasingly concerned that the trade war could harm the economy, leading to a potential recession.
(Link: https://apnews.com/article/174603e75feb9d5cca96c08817e0c7c2)

HSBC Downgrades U.S. Stocks Amid Trade Uncertainty

Source: Reuters, March 10, 2025


HSBC has downgraded U.S. equities to "neutral," citing uncertainties surrounding tariffs and policies under the Trump administration, which may adversely affect corporate profits and economic growth. Conversely, HSBC has upgraded European stocks (excluding the UK) to "overweight," influenced by Germany's fiscal reforms and a proposed $1.2 trillion European fiscal stimulus.
(Link: https://www.reuters.com/markets/hsbc-downgrades-us-stocks-turns-bullish-european-equities-2025-03-10/)

Tech Stocks Lead Market Decline Amid Recession Fears

Source: The Guardian, March 10, 2025


Major U.S. stock indices opened sharply lower on Monday, with the Nasdaq 100 and Dow Jones Industrial Average suffering significant losses. Recession concerns and uncertainty surrounding President Trump's tariff policies have led to a dramatic decline in tech stocks, with Tesla's stock shedding 8% and losing all post-election gains.
(Link: https://www.theguardian.com/business/live/2025/mar/10/china-retaliatory-tariffs-us-farm-goods-trade-war-recession-stock-markets-business-live-news)

Market Strategist Warns of Potential Flash Crash

Source: MarketWatch, March 10, 2025


Ed Yardeni, president of Yardeni Research and previously one of Wall Street's biggest bulls, now cautions that a bear market may have begun on February 20. He warns of a potential flash crash triggered by ongoing tariff turmoil, suggesting that the market's resilience is being significantly tested.
(Link: https://www.marketwatch.com/story/one-of-wall-streets-biggest-bulls-now-says-a-flash-crash-cant-be-ruled-out-84d52550)

Stock Buybacks Could Support Market Amid Declines

Source: Business Insider, March 10, 2025


Analysts at Citi suggest that stock buybacks could serve as a $1 trillion support mechanism against further market declines. As stock prices drop, companies may find attractive opportunities to repurchase their shares at discounted levels, potentially stabilizing stock prices by reducing the number of shares outstanding and enhancing per-share value.
(Link: https://www.businessinsider.com/stock-market-buyback-outlook-trillion-dollar-support-fight-further-crash-2025-3)

Memetic Research 🤿

Headlines & market moves worth watching