Last Friday, three stocks traded up by 15% or more. They are one-time catalysts that might spark a continued uptrend.
Paramount Skydance (PSKY) outbid Netflix (NFLX) to acquire Warner Bros. Discovery (WBD). Short sellers, who held a small, short interest of 4.97%, sent PSKY stock up by 21%. This is a price not seen since last December. Paramount is expecting minimal regulatory challenges. For example, sources told Reuters that the combined firm has less than 20% of the European markets. EU concerns are minor.
Netflix (NFLX) scored a nearly $3 billion payment from Paramount. Its stock gained 13.77% on the day. NFLX stock has a P/E (non-GAAP) of 38 times, nearly twice that of the sector median of 13 times.
Dell Technologies (DELL) put aside investor fears regarding memory inflation (of 300-500%). In Q4, revenue increased by ~40% to $33.38 billion. For its fiscal year 2027, Dell expects revenue growth of 23%. Within that, AI-Optimized server revenue growth will be 103% ($50 billion).
Block (XYZ) slashed 40% of its staff, sending its stock up by 17% on February 27. The uptrend might continue throughout this quarter. However, the fintech sector entered a bear market. PayPal (PYPL), Sofi (SOFI), and Adyen (ADYEY) are all trading sharply below their yearly high. Stock markets are pricing a decline in transactions as a second round of tariffs weakens the global economy.
The Supreme Court ruled that last year’s tariffs were illegal. However, Trump immediately announced an initial 10% tariffs. He raised that to 15%.
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