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  • Swing Trade Idea – March 02, 2023

    • Tesla (TSLA) – Shares were down 8% Thursday morning following the company’s Investor Day event Wednesday afternoon.
    • Advanced Micro Devices (AMD) – Analysts at Raymond James resumed coverage on the semiconductor space Wednesday evening. The firm set a Strong Buy rating on AMD and NVIDIA (NVDA) and an Outperform rating on Intel (INTC).
    • CrowdStrike (CRWD) – A play on cybersecurity. The company will report quarterly results on Tuesday of next week.
    • Desktop Metal (DM) – An under-the-radar play on the 3D printing space. Shares of this penny stock were up more than 20% Thursday morning following better-than-expected Q4 sales but guidance which was light.
    • US Gold Corp. (USAU) – A low-float, nano-cap momentum play on the mining space. The company will present at “the world’s premier mineral exploration and mining” convention, PDAC, early next week.
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