The Blog Single

  • Swing Trade Idea – June 14, 2023

    • Advanced Micro Devices (AMD) – Shares sold off on Tuesday as investors took profit ahead of a company event with AMD’s CEO Lisa Su. At the early-afternoon event, Su highlighted several new chips being manufactured by AMD, including a chip which Su described as “the best CPU for AI,” Genoa.
    • Constellation Brands (STZ) – Owner of Modelo, among other beer and spirits brands. Modelo overtook Budweiser as the US’s top-selling beer during the month of May, reports from Wednesday morning showed.
    • FuboTV (FUBO) – A penny stock which one user in Benzinga Pro’s lounge chat described as “breaking out of consolidation mode.” Shares spent most of this year below the $2 level; shares broke above this level Tuesday morning.
    • Winnebago Industries (WGO) – A play on the consumer and summer travel season. Winnebago will report quarterly results on Wednesday, June 21.
    • Nikola (NKLA) – One of Wednesday’s big winners. Shares of this penny stock were up 12% despite no news to justify the price action.
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