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  • Swing Trade Idea – July 01, 2022

    • General Motors (GM) – A Bank Of America analyst on Thursday noted both GM and Ford (F) will have overtaken Tesla (TSLA) in the electric vehicle market by 2025.
    • Kohl’s (KSS) – Shares were down nearly 20% in pre-market action Friday following news the company abandoned its sale talks with Franchise Group (FRG).
    • NIO Inc. (NIO) – A play on the electric vehicle market in China. The company reported quarterly deliveries of vehicles were up 60% on a year-over-year basis.
    • Riot Blockchain (RIOT) – A play on crypto. On Thursday’s episode of CNBC’s “Fast Money: Halftime Report,” notable trader and Benzinga friend, Jon Najarian, said he bought bitcoin and ethereum futures.
    • Blueprint Medicines (BPMC) – A listing on the FDA’s Access Data website showed Blueprint won orphan drug designation for its mastocytosis treatment.
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