Stocks are opening with a large move higher on Monday as investors respond to this weekend’s positive trade war negotiations. In a move we’ve never done, Palantir remains on this week’s list following the impressive rally back from a 13% drop after the company’s earnings.
Add to that a car company that is benefitting from the trade war and a “buy the dip” opportunity in a gold stock under $10 and you have the makings of a great Five Stock Watchlist. Enjoy!
Please feel free to send me your thoughts and comments at [email protected].
For the first time ever, we’re sticking with the same technology stock of the week two weeks in a row.
Palantir shares dropped more than 13% following their earnings report a week ago as the company only met their earnings per share target. The company’s revenue did beat Wall Street expectations, growing by 39.4% compared to last year.
Wall Street analysts launched into an assault on the results with an “I told you so” moment as shares tumbled, but it looks like they may have dupped by a simple “sell the news” selloff. Analysts pointed to Palantir’s comments on slower sales to Europe as a major problem, though many software companies have seen their sales slow in the region.
Ark Investment’s Cathie Wood nailed the key point of Palantir’s earnings report on CNBC when she said, “earnings report for PLTR was fantastic’ and that “the commercial business is on fire.”
Palantir’s chart is se to break to new highs as the stock shifts above $125 this week. Expect that the “wall of Worry will continue to propel shares of this AI Service company even higher.
Carvana shares are riding strength in the used car market to new highs with a new bullish trend in place.
Shares of the used car reseller bounced from its 2025 lows twice in March and April as Volatility in the market and continued lowering of consumer sentiment affected the stock’s price. Then, the newly announced tariffs put Carvana in the driver seat.
With tariffs on new imported cars sure to influence new car prices, consumers started flocking to the used car market for deals. Last week, the Manheim Used Vehicle Value Index indicated that used car prices had seen another increase in April to their highest level in 2025.
Carvana announced earlier in 2025 that the company would be expanding its used car network to increase availability across the country. That move has positioned the company well.
Last week, Carvana beat analysts’ earnings expectations by $0.79 while growing revenue 38.3% for the year. The company expects that strength to carry through 2025.
Shares are set to move above $280 on Monday as they head towards new highs above $350.
Gold prices are pulling back on Monday morning, but the long-term trend remains bullish. This means that the gold bugs may have a chance to buy a few dips. Investors may want to look at Coeurs Mining as a candidate under $10.
Coeur Mining (CDE) just delivered a blowout earnings report that has the stock trading higher 36% in the last week. That price will dip this week, but the $6.50 price looks attractive as a “buy the dip” price.
The company reported Q1 earnings of $0.11 per share—well above the $0.02 estimate—alongside a 69% jump in revenue to $360 million. It also swung to a $33 million profit, reversing last year’s loss.
Gold and silver sales were strong, and the newly integrated Las Chispas mine is already generating $20 million in free cash flow. Even better, management used the quarter to pay down $130 million in debt.
Shares surged more than 20% after the report, hitting a new 52-week high. Momentum is back as the stock’s 50-day moving average is shifting into a bullish trend higher.
Duke Energy (DUK) and other utility stocks have been locked in a range for the last two weeks as investors have started dipping their toes back into stocks, but these stocks are far from done with their bull market run.
Duke shares post a yield of 3.5% in dividend income. There are other utility companies that pay more, but few have the added growth potential that Duke Energy has.
The stock is one of the few regional power companies that has potential to begin working with AI and data center companies to provide dedicated power to fulfill the growing power needs generated by AI.
Duke Energy shares reflect that potential as shares are currently trading 32% higher over the last year as the stock continues trading in a strong bull market trend.
Shares have jumped from $100 to $118 since January as the stock is
Watch for a move back above $115 to signal that the stock is set to make its next advance to the $125-130 price zone.
Shares of Starbuck’s (SBUX) are preparing to break through round-numbered support at $80 on their way to $70 over the next two months.
The company’s latest earnings results reflected two problems. First, the company appears to have fallen out of favor with their large customer base as more complaints of higher prices, slower service, wrong orders and decreased quality have been heard from Starbucks.
The more prevailing problem is the changing mindset of the Starbucks consumer. Consumer confidence has been on the decline for the last six months as uncertainty in the market continues for cloud the economy. As a result, more consumers are “home sourcing” things like meals, entertainment and coffee.
As a result, the business is still showing signs of slowing. Last quarter’s earnings showed a surprise miss on EPS of $-0.08. The company also missed its revenue guidance as sales grew just 2.3% over last year.
Shares of SBUX will see some buying early week, but investors should expect to see another step lower as the stock breaks below support at $80 to continue it’s bearish trend to the next price target of $70.
