ESTC

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Charles
Nov 08, 2024 10:52 AM 0 Answers
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Hi Marty -

You mentioned ESTC on video.  Why do you like it in front of earnings?   Just curious   Thanks

Yo Cowboy,

I do like ESTC as a company. However, I would NOT buy that stock prior to its earnings report. It is a stock for the watch list as it has shown the ability to make explosive moves. I prefer to buy leading stocks after they report earnings in order to avoid the risk. I may pay more for the stock but it is considered "insurance" against a catastrophic loss. ESTC is not a leading stock currently

 

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