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  • Swing Trade Idea – April 24, 2023

    • Warner Music Group (WMG) – AI technology is being viewed as a potential benefit for streaming music players like Warner Music and Spotify (SPOT), according to an analyst at Morgan Stanley Monday morning.
    • Super Micro Computer (SMCI) – Shares were down about 10% following a concerning outlook from the company.
    • Entegris (ENTG) – “This stock is a coiled spring,” according to an analyst at Needham. The analyst added the stock to the firm’s conviction list amid a recent sell-off in shares.
    • Vertex (VERX) – An insider in Vertex, Tensile Capital, disclosed the sale of more than $2 million in company shares very late on Friday evening. Shares had not appeared to respond to the news Monday morning.
    • Citizens Community Bancorp (CZWI) – One of Monday’s biggest pre-market gainers. Shares of this low-float name were up about 15%.
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