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  • Swing Trade Idea – November 11, 2022

    • Alibaba (BABA) – China’s largest online commerce company. Alibaba will report quarterly results on Thursday of next week.
    • Cisco (CSCO) – Described by a Morgan Stanley analyst as being set up “relatively defensively” heading into quarterly results on Wednesday of next week.
    • Doximity (DOCS) – One of Friday’s most-discussed stocks by analysts on the sell side. Shares were up about 17% following better-than-expected second-quarter results but mixed guidance.
    • Genius Sports (GENI) – A play on “a crucial role in the sports betting process facilitating the transfer of data from sports leagues to sports books,” according to an analyst at Needham. While shares of Genius opened Thursday’s session higher following strong quarterly results, investors took profit of the session and shares closed lower.
    • Snail (SNAL) – An initial public offering (IPO) from Thursday. Shares were up 90% Friday morning. The company is a publisher of video games, including “Last Oasis,” “ATLAS” and “ARK Park.” The issue is in the low-float territory with about 3 million shares in its float.
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