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  • Swing Trade Idea -December 29, 2022

    • Meta Platforms (META) – A report Wednesday suggested Apple (AAPL) will launch its augmented/virtual reality headset at next year’s Worldwide Developers Conference (WWDC) in June. Meta Platforms does not have many competitors in the AR/VR space yet but Apple fans are eagerly awaiting Apple’s entry into the space.
    • Tesla (TSLA) – Analysts at Morgan Stanley Thursday morning called the massive sell off in Tesla shares over December an “opportunity.” The analysts attributed the sell off to electric vehicle supply which was greater than demand “for the first time since Covid, exacerbated by technical factors.”
    • Costco (COST) – A play on an upcoming news catalyst. Costco is expected to report its December retail sales figures over the next 4 or 5 business days.
    • Constellation Brands (STZ) – A play on the beer, wine and spirits space. Constellation Brands is the owner of Modelo, Corona and Svedka. The company will report its quarterly results on Thursday of next week.
    • Muscle Maker (GRIL) – A play on the distribution of farm-produced goods. Muscle Maker reported its Sadot unit crossed $100 million in sales during the first 45 days of business. Sadot is a service which connects rural farmers with industrial centers.
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