Swing Trade Idea – April 12, 2022
Today’s 5 Stock Ideas:
- Apple (AAPL) – A Citi note on Apple Tuesday morning suggested regulatory risks for the company could create a near-term pullback in shares that should be used as a buying opportunity. Citi said it expects Apple will announce an added buyback between $80 billion and $90 billion and raise its dividend during the month of April.
- PolarityTE (PTE) – A penny stock play by famed Twitter account Zack Morris. On Monday evening, the account tweeted a $1 price target on PolarityTE. With shares trading around the $0.30 level Tuesday morning, the upside suggested by the Twitter account would total more than 200%.
- Regeneron (REGN) – A play on an upcoming FDA date. A panel of health experts is scheduled to rule on the company’s Biologic License Application for its REGEN-CoV as a prophylactic treatment for COVID-19.
- Society Pass (SOPA) – One of the top three most-searched tickers on Benzinga Pro Tuesday morning. The stock is a low-float play with about 15 million shares in its float.
- Paratek Pharma (PRTK) – Shares spiked in late-day trade Monday following reports Russia used a chemical weapon in Ukraine. The stock was viewed as having exposure to this news as the company develops NUZYRA for post-exposure prophylaxis and the treatment of pulmonary anthrax.