Freedom Capital Markets Chief Global Strategist Jay Woods on Schwab Network

M, NVDA, AFRM, ZM: Stocks To Watch

Macy’s (M) has struggled over 2023, notes Jay Woods. He talks about how M sold off dramatically after its last report. He talks about M’s earnings estimated here adjusted EPS is estimated at $0.13 and revenue is estimated at $5.06B. He then goes over NVDA which he thinks could surprise. He also talks about Affirm (AFRM) whose buy now pay later is not the best compared to Visa (V) and Mastercard (MA). Finally, he looks at Zoom (ZM) where he notes that risk-reward set ups are currently kind of scary. He looks ahead to the Jackson Hole symposium. Tune in to find out more about the stock market today.