Add These Stocks to Your Radar Before Major Catalysts Hit

Catalyst.

In a scientific context, a catalyst is a substance that speeds up the rate of a reaction. Platinum, for example, functions as the catalyst that turns carbon monoxide into carbon dioxide in many catalytic converters.

But catalysts aren’t reserved for science alone.

Businesses can also leverage catalysts to increase the rate of adoption of products, spread brand awareness, or even jump-start sales.

Think about how ChatGPT’s launch acted as one giant catalyst for the artificial intelligence (AI) revolution… How every new state to legalize sports betting fuels demand for an online betting platform like DraftKings (DKNG)… Or how the rapid rise of “magic” weight-loss drugs like Ozempic helped put a tiny telehealth player like Hims & Hers Health (HIMS) on the map.

Being able to spot major catalysts in action before the mainstream catches on gives you a massive edge as an investor.

The LikeFolio Data Engine was built to do just that. With real-time trend data, we see those catalysts unfolding as they happen. We hear, directly from the source, about the companies, brands, and products riding that positive momentum. And we bring those opportunities straight to investors like you.

🔓 Unlock real-time trade alerts: Get notified as soon as the Social Heat Score triggers a buy – or sell – on one of the companies in our database. Learn how. (You’re just in time to get in on the latest double-your-money opportunity issued earlier today.)

It’s how we led our followers to Nvidia (NVDA) when it was trading for less than $130 a share… DKNG at less than $12 a share… and HIMS before it doubled and then some in a matter of months.

And it’s how we identified the two new catalysts we’re adding to your radar today.

These catalysts are fast approaching – both will trigger over the coming months – but they’re already driving consumer interest higher.

Take a look…

No. 1: Target (TGT) to Take on Amazon Prime (AMZN) This April

On April 7, 2024, Target (TGT) will throw its hat in the ring with Amazon Prime (AMZN) with the launch of its own annual membership program, Target Circle 360.

For $99 a year, Target Circle 360 subscribers will get access to benefits like free same-day delivery, discounted prices, and an extended return period, better positioning itself alongside AMZN and Walmart (WMT), which has been offering its Walmart Plus membership program since 2020.

Target unveiled its revamped, three-tiered rewards program on March 5, alongside a better-than-expected Q4 earnings report. Starting on April 7, shoppers will get access to:

Target Circle: The popular free-to-join membership will automatically apply deals at checkout.
Target Circle Card: Formerly RedCard, shoppers get an extra 5% off, extra return time, and free two-day shipping at target.com
Target Circle 360: This is the new premium paid membership that includes unlimited free same-day delivery (for orders >$35), free two-day shipping, and personalized Shipt access to more than 100 other retailers.

After struggling with soft discretionary spending, increased labor costs, and inventory challenges, Target appears to be on the road to recovery.

Sentiment is nearly back to normal levels, with Consumer Happiness up as much as 8% quarter over quarter – a promising sign for future demand growth.

This annual membership option is likely to drive Target’s 100-million-member base to significantly higher levels over the next few years.

No. 2: Royal Caribbean Cruises (RCL) to Set Sail This July

On July 19, 2024, Royal Caribbean Cruises’ (RCL) Utopia of the Seas will set sail for the first time from Port Canaveral, Florida.

Originally planned for July 22, Royal Caribbean recently bumped up the initial sail date of its game-changing Utopia of the Seas short-term cruises, adding a three-night cruise departing July 19 that’s sparked tremendous consumer buzz.

The company revealed the first-of-its-kind Oasis Class ship in June 2023 to much fanfare, offering ultimate three-night weekend and four-night weekday getaways. The cruise flaunts over 40 ways to dine, drink, chill poolside, and party including activities at RCL’s private island in The Bahamas, CocoCay.

LikeFolio data shows RCL buzz accelerating ahead of the launch:

Utopia of the Seas is already generating significant chatter and driving future booking mentions for Royal Caribbean.

With its inaugural sail set for July 2024 and an extra voyage squeezed in, this catalyst will likely benefit bookings and spending.

The Bottom Line

It’s going to be a big summer for Target and Royal Caribbean. Both of these companies are making strategic plays to support continued growth in 2024 – and based on LikeFolio data, that growth could happen at a quicker pace than the rest of the market is expecting.

Should our Social Heat Score trigger a buy alert on one of these stocks, subscribers will be the first to know. Make sure you’re one of them – and get access to the 100% profit opportunity we released earlier today – right here.

Until next time,