Your Evening Recap for Thursday, June 6^th

Ollie’s Bargain Outlet Stock Won’t be a Bargain Much Longer

Shares of Ollie’s Bargain Outlet (NASDAQ: OLLI) are heading higher following the Q1 release and will likely continue rallying this year because of its market-leading growth. The company is a growing opportunity in off-price retail, outpacing the industry trend. The latest report includes outperformance, increased guidance, and an improved long-term target that suggests the rally may go on for years.  The stock is not cheap, trading at 25X this year’s guidance, but the valuation is warranted given the growth outlook. Analysts already forecasting significant growth in 2025 are now underestimating the business.

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USA Builds 62+ Nuclear Reactors- Sends This Uranium Pick Soaring 136.36% Over Next 12 Mo? (Ad)

According to Harbinger Research, this small uranium outfit stands on one of the largest uranium deposits in South Dakota. One that could fill their bank account with millions in profits.

See The Uranium Play That Researcher Claims Could Burst 136.36% Over The Next 12 Mo

Robinhood buying crytocurrency exchange Bitstamp for about $200 million

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally.Bitstamp, founded in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US. It has more than 50 active licenses and registrations worldwide and customers across the European Union, United Kingdom, United States and Asia.Robinhood said Thursday that this will be its first institutional business. “Bitstamp’s highly trusted and long standing global exchange has shown resilience through market cycles. By seamlessly…

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Tesla Stock is Under Pressure and at Risk of a Deep Implosion

Tesla’s (NASDAQ: TSLA) stock is under pressure and at risk of a deep implosion. The company’s high valuation alone makes it a target, and there are many risks for investors. Among them is the upcoming vote on CEO Elon Musk’s compensation package and a sluggish EV market. EV sales are slowing globally and significantly impact current operations and plans. The takeaway is that Tesla is amid a major turnaround, focused on the future, while faced with near-term obstacles that could derail the market and send the stock price down by 25% or more.  The Future of Elon Musk’s AI Dreams Are in the Balance Tesla shareholders face a critical vote on June 13th.  Elon Musk’s $56 billion controversial pay package is among the items for approval.

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The Best AI Stock to Own in the World Today is Trading for Just $25 (Ad)

“Titan of Tech” Bets Big on Tiny AI Company

He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal…

But our research shows his latest investment could be his most successful venture yet.

See how you can invest alongside him

Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7%

The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market

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