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  • Swing Trade Idea – October 18, 2022

    • Snap (SNAP) – A play on upcoming earnings. Snap will report quarterly results on Thursday after market close.
    • Roblox (RBLX) – Shares rallied more than 20% on Monday following news of strong September user figures out of Roblox. An analyst at Needham Tuesday morning commented on Roblox following the user figures.
    • Alphabet (GOOGL) – A play on connected TV. Analysts at Morgan Stanley were out with a relatively big call Tuesday morning; the firm highlighted the growth potential for ad players in the connected TV space. Morgan Stanley called Alphabet and Amazon.com (AMZN) beneficiaries to this trend.
    • CVS Health (CVS) – Shares of Cano Health (CANO) plunged nearly 50% on Monday following speculation out of Dealreporter CVS has abandoned a pursuit for a takeover deal with Cano.
    • Recruiter.com (RCRT) – Tuesday’s momentum-du-jour play. Shares of this penny stock were up about 40% on no news. The issue is a low-float name with about 13 million shares in its float.
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