Earnings Tracker Buy picks
IBM - Better than expected Results, Cloud revenue and solid execution with >4% dividend
DOW - Global supply chain issues doesn't seem to affect the Margins
SNAP - negative EPS, still maintaining growth, Less than expected AD revenue Loss
FB,PINS and TWTR - Expected to raise with SNAP rally.
NVDA - Touching October 2021 lows , earnings momentum lifting the stock in coming weeks.
TSLA - Priced perfectly .Trading range 975$ to 1100$. Potential china slowdown will be offset by energy credits revenue and pricing power of EV cars.
Sell picks
NFLX - Dropping subscriber volume, pricing challenges and shared account issues. $175 as base price target based on 15 PE which seems to be a trend among tech stocks
Disclaimer:
The Author owns one or more of the above stocks. I have a beneficial long position in the shares of one or more of above either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own personal opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. This is not a buy/sell recommendation for above stocks, but the earnings thesis based on recent results. Any investments can lose value overtime and you are investing at your own risk.
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