This Clean Energy Stock Could Take Off

Good morning. It's December 6th, and it’s a strong start to the day as DocuSign, Ulta Beauty, and Lululemon are all surging after posting strong earnings reports yesterday evening.

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Stocks pulled back on Thursday, with the S&P 500 dropping by 0.19%, the Dow Jones Industrial Average slipping by 0.55%, and the Nasdaq Composite losing 0.17%.

Futures

Futures are relatively flat today as traders await the November jobs report. Dow futures are dipping by 8 points, S&P 500 futures are down 0.1%, and Nasdaq 100 futures are unchanged.

Energy

This Clean Energy Stock Could Take Off

A fast-growing company is making waves in the clean energy sector by securing access to one of the richest silica sand districts in the world.

With cutting-edge technology to produce ultra-pure silica—essential for solar panels and energy storage—it’s poised to meet the surging demand driven by the renewable energy revolution.

Experts believe this innovative company could unlock significant growth as it capitalizes on the global silica shortage.

With a multi-vertical strategy and disruptive partnerships, the potential here is hard to ignore.

Click here to get all of the details on this up and coming stock.

What to Watch

Genesco (GCO) and Kirkland’s (KIRK) will report their quarterly earnings this morning, providing insights into the retail sector’s performance, particularly in footwear and home décor.

Keep an eye on the U.S. Employment Report for November, which will be released at 8:30 a.m. ET, along with the U.S. Unemployment Rate and Hourly Wages data, offering a detailed look at job growth and wage pressures.

Later, Consumer Sentiment (Preliminary) for December will be published at 10:00 a.m. ET, shedding light on consumer outlook. At 3:00 p.m. ET, Consumer Credit for October will be released, providing an update on household borrowing and spending trends.

Technology

DocuSign Shares Surge 15% Upon Upbeat Earnings and Raised Revenue Forecast

DocuSign shares are soaring in premarket trading today, climbing 14% to a potential new 52-week high of $96.80. The rally follows the company’s strong third-quarter earnings and an updated fiscal 2025 revenue forecast of $2.96 billion, boosting investor confidence.

The e-signature leader reported Q3 revenue of $754.82 million, a 7.8% year-over-year increase and above the $745.33 million projected by analysts. Adjusted earnings per share came in at $0.90, beating expectations of $0.87. Free cash flow reached $210.7 million, while billings rose 8.7%, reflecting continued growth momentum.

CEO Allan Thygesen highlighted the company’s AI advancements and Intelligent Agreement Management platform.

DocuSign maintains its market leadership in electronic signatures despite stiff competition from Adobe Acrobat Sign, Dropbox Sign, and others. With increasing demand for digital transaction solutions and advancements in cloud-based technologies, the company is well-positioned for sustained growth.

Retail

Ulta Beauty Defies Demand Fears, Boosts 2024 Outlook After Earnings Beat

Ulta Beauty (ULTA) shares are soaring by nearly 12% in premarket trading today following its fiscal third-quarter results, which surpassed Wall Street estimates. Despite concerns over cooling demand and heightened competition, the beauty retailer showcased resilience, prompting a slight upward revision to its full-year guidance.

For the quarter ending November 2, Ulta reported earnings per share (EPS) of $5.14, well above analysts’ expectations of $4.54. Revenue climbed to $2.53 billion, surpassing the forecasted $2.50 billion and rising from $2.49 billion in the same period last year. Comparable sales saw a modest 0.6% increase, fueled by a 0.5% uptick in customer transactions and a marginal 0.1% growth in average ticket size.

CEO Dave Kimbell credited the launch of exclusive brands, enhancements to digital tools, and in-store events for driving performance. Highlights included an exclusive makeup line tied to Universal’s Wicked movie, virtual try-on features, and styling workshops.

Ulta now projects full-year net sales between $11.1 billion and $11.2 billion, slightly up from its previous range. EPS guidance has been revised to $23.20-$23.75, compared to the earlier $22.60-$23.50 forecast. However, the company expects a low single-digit decline in holiday-quarter comparable sales amid ongoing economic pressures and a compressed shopping season.

While CFO Paula Oyibo remains cautious about the consumer outlook, Ulta's early holiday sales, including a strong Cyber Monday performance, signal optimism for the crucial festive period.

Apparel

Lululemon Surges in Premarket as Q3 Earnings Outpace Expectations

Lululemon (LULU) shares are up more than 9% in premarket trading Friday after the athletic apparel retailer delivered better-than-expected third-quarter results and raised its full-year outlook. The company also announced a $1 billion increase to its stock buyback program.

For Q3, Lululemon reported revenue of $2.40 billion, a 9% year-over-year increase that beat analyst expectations of $2.36 billion. Earnings per share came in at $2.87, ahead of the estimated $2.75 and up from $2.53 in the same period last year.

The company raised its full-year 2024 revenue forecast to a range of $10.45 billion to $10.49 billion, up from its previous estimate of $10.38 billion to $10.48 billion. EPS guidance for the year was also revised to $14.08-$14.16, surpassing the earlier range of $13.95-$14.15.

CEO Calvin McDonald highlighted strong international growth and improved gross margins, which rose 150 basis points to 58.5%. However, North American same-store sales fell 2%, continuing a domestic slowdown as newer competitors like Alo and Vuori gain traction. Overall, same-store sales rose 4%, driven by international markets, exceeding the 2.5% growth analysts had projected.

Lululemon anticipates Q4 revenue of $3.48 billion to $3.51 billion and EPS of $5.56 to $5.64, slightly below Wall Street’s consensus. The company remains optimistic about the holiday season and its efforts to accelerate U.S. growth.

Technology

This Company Could Redefine the Smartphone Industry

Imagine a company that transforms smartphones from costly devices into tools for earning and saving money.

With over $325M generated for users and an underserved market of billions, this innovation is addressing a global need while delivering impressive results.

With 32,481% revenue growth and shares available at just $0.26, this small cap is positioned to make waves in the tech sector.

Early investors could see significant returns as the company scales its groundbreaking platform.

Click here to uncover the potential of this company and secure your stake in a market-changing opportunity.

SMX (Security Matters) [SMX] - Last Close: $0.30

SMX (Security Matters) stock is surging 68% in premarket trade due to the announcement of a potential merger with Ybyra Capital, a Brazilian company specializing in fertilizers and real estate.

The merger, outlined in a non-binding agreement, aims to combine SMX's advanced traceability technologies with Ybyra’s logistics and commodity infrastructure.

This strategic collaboration would enhance supply chain transparency and sustainability, especially in the high-demand trade between South America and Asia.

Asana Inc. [ASAN] - Last Close: $15.46

Asana's stock is climbing 27% in premarket trade today due to its better-than-expected financial results for Q3 and an improved fiscal 2025 outlook.

The company reported a smaller loss of $0.02 per share, beating analyst expectations of $0.07. Revenue grew 10% year over year to $183.9 million, exceeding forecasts of $180.6 million.

For fiscal 2025, Asana narrowed its projected loss to $0.14-$0.15 per share, compared to its earlier forecast of $0.19-$0.20. It also raised revenue guidance to $723-$724 million, reflecting strong business momentum.

Rubrik [RBRK] - Last Close: $53.66

Rubrik's stock is surging 23% before the opening bell today due to its strong Q3 financial performance and an upgraded full-year outlook.

The company exceeded expectations with a 43% revenue increase to $236.2 million, beating the $217.5 million analysts anticipated.

Subscription revenue jumped 55%, pushing annual recurring revenue from subscriptions to over $1 billion—a 38% year-over-year increase.

Rubrik reported an adjusted loss of $0.21 per share, outperforming the expected $0.40 loss. It also increased its revenue forecast to $860-$862 million, up from $830-$838 million, and improved its earnings outlook.

Renewable Energy

Could This Stock Revolutionize Clean Energy Materials?

This company is leveraging its access to one of the world's richest silica sand districts to meet the growing demand for high-purity silica.

Essential for renewable energy technologies like solar panels and energy storage, high-purity silica is in short supply globally.

By combining cutting-edge technology to purify silica with strategic partnerships, this stock is positioned to capitalize on the clean energy boom.

With the potential for multi-stream revenue and rapid growth, it’s a company investors should keep an eye on!

Click here to explore why this stock could be a game-changer in the clean energy market.

Everything Else

• Covalis proposed a Thames Water buyout with £1 billion upfront and Suez as operating partner.

• Smithfield Foods will become a standalone company after WH Group's spin-off plan gets green light.

• HP Enterprise's Q4 earnings beat estimates with 32% surge in server sales.

• European energy giant Varo eyes Preem's Gothenburg and Lysekil refineries in a potential deal.

• Journalists protest as The Observer, the world’s oldest Sunday newspaper, is sold to Tortoise Media.

• Apotea raised 1.64 billion kronor as its stock soars in Stockholm listing.

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

— Adam Garcia
Elite Trade Club

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