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Swing Trade Idea – May 27, 2022
- HP (HPQ) – Will report quarterly results on Tuesday after market close. Warren Buffett recently disclosed an 11% stake in the company.
- DiDi Global (DIDI) – Shares traded about 10% higher Friday morning following a Bloomberg report Chinese automaker FAW Group has considered buying a stake in the company.
- Ulta Beauty (ULTA) – An analyst at Jefferies upgraded Ulta shares to Buy following the company’s strong quarterly results and raised guidance Thursday.
- MasterCraft Boats (MCFT) – A play on summer and the boating season! The company designs, manufactures and markets performance sport boats and outboard boats.
- Sportsman’s Warehouse (SPWH) – A play on summer! The company is an outdoor sporting goods retailer, offering goods for fishing, camping and many more summer activities.
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