On This episode of Stock Movers:
- Next raised its profit forecast for a fifth time this financial year after sales at the British retailer soared in the key Christmas period.
- Ocado shares rose as much as 8.6%, hitting the highest level since September, after the stock was placed on positive catalyst watch at JPMorgan. Sentiment was also helped by a monthly report from an industry researcher showing that Ocado was again the UK’s fastest-growing grocer in December.
- Infineon and STMicro shares rose on Tuesday after US peer Microchip said sales for the quarter ended December will be higher than its previous forecast range, a sign of potential recovery in demand for industrial and automotive chips.

On This episode of Stock Movers: - Next raised its profit forecast for a fifth time this financial year after sales at the British retailer soared in the key Christmas period. - Ocado shares rose as much as 8.6%, hitting the highest level since September, after the stock was placed on positive catalyst watch at JPMorgan. Sentiment was also helped by a monthly report from an industry researcher showing that Ocado was again the UK&rsquo;s fastest-growing grocer in December. - Infineon and STMicro shares rose on Tuesday after US peer Microchip said sales for the quarter ended December will be higher than its previous forecast range, a sign of potential recovery in demand for industrial and automotive chips.

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Stock Movers

Next Xmas, Ocado Gains, Infineon Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/da7fa381-0f33-460b-9d2d-b3ca00a7ecfb/transcript

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