The Blog Single

  • Swing Trade Idea – November 02, 2022

    • Qualcomm (QCOM) – The company will report quarterly results after market close Tuesday. Analysts expect earnings of $3.15 per share on sales of about $11.4 billion.
    • CVS Health (CVS) – Shares traded modestly higher following better-than-expected quarterly results and raised guidance. The company, Walmart (WMT) and Walgreens (WBA) agreed to a nearly $14 billion settlement related to opioid charges.
    • Weyerhaeuser (WY) – A play on forestland and lumber. Shares of peer in the space, LL Flooring (LL), traded down nearly 30% following worse-than-expected quarterly results and concerning guidance.
    • Vuzix (VUZI) – A play on augmented reality. The company is a manufacturer of augmented-reality glasses for use in industrial, commercial and medical applications. 
    • Recruiter.com (RCRT) – One of Wednesday’s momentum-du-jour names. Shares of this penny stock were up about 40% on no news. The issue is in low-float territory, with about 14 million shares in its float.
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