Should I buy Peloton before someone buys them? What about Cleveland Cliffs? Market update 2-7-22
Description
We're looking at some of our suggestions from last week and what we're looking at this week. For more information, read the Medium blog @dailystockpick3. I'll include all the charts discussed along with a little more in depth look at these stocks.
Today's earnings - Simon Property Group (SPG). I think if you can get this close to $140, it's a good chance earnings and guidance will be good. There is a significant dividend here, but the past few earnings have been good. I'll probably be picking some of this up.
Today's announcement - Peloton - should you buy this before Nike or Amazon buy them out? They report earnings this week and it might be a perfect time for an acquisition announcement.
Under Armor reports on Friday. This one has been a good play around earnings of late and has been beaten up enough that it might be worth chancing. I'll be keeping an eye on it and doing some fundamental research on it.
CLF - they report this week and are trending towards $20/share before earnings. I think this one is a good gamble around earnings as it's trending up.
Ford - halting production because of chip shortage. This was def timed after earnings to avoid a mixed message and I think this stock is part of a hype, but it can be played for the volatility.
United States
