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  • Swing Trade Idea – August 18, 2022

    • NVIDIA (NVDA) – Will report quarterly results Wednesday next week. The company will likely report its earnings around 4:20 p.m. EDT.
    • Zoom Video Communication (ZM) – The company will publish quarterly results on Monday, Aug. 22, 2022 after market close.
    • Bright Horizons Family Solutions (BFAM) – An interesting play on the work from home trend. Morgan Stanley discussed the company and stock in a research note Thursday morning. Analysts at the firm called Bright Horizons shares their highest-conviction recommendation to gain some bearish exposure.
    • COMPASS Pathways (CMPS) – A play on psychedelics. Shares of peer in the psychedelics space, MindMed (MNMD), traded up about 70% in pre-market action. The Benzinga Pro newsdesk team did not identify news to justify the move higher in MindMed. Shares of MindMed and COMPASS Pathways have been known to trade relatively correlated.
    • Vinco Ventures (BBIG) – A favorite among the Benzinga Pro user community. Shares have more than doubled so far this week following news Monday of a partnership with AIPros for social media. Momentum has continued each day following the news.
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