Swing Trade Idea – March 23, 2022
Today’s 4 Stock Ideas
- GameStop (GME) – Shares were up 30% Wednesday morning following news company Chair Ryan Cohen bought 100,000 shares of GameStop stock. Cohen’s stake in GameStop now sits at over 9.1 million shares.
- Baidu (BIDU) – A play on strength in Chinese stocks. Baidu is often referred to as “the Google of China.”
- Creative Medical Technology Holdings (CELZ) – One of Wednesday morning’s most-discussed stocks. Traders in Benzinga Pro’s Swimmers chat labeled the stock “ww” for “worth watching” after the company announced results from a trial of a treatment candidate for human spines.
- Bit Digital (BTBT) – A play on cryptocurrencies and mining. Fed Chair Jay Powell, in a non-Fed event Wednesday morning, reiterated the Fed is looking at addressing regulatory gaps in digital assets.