Stocks in Play - March 7th 2025

TLDR Stocks in Play: AVGO, GAP, LUNR, CRYPTO

Welcome to today's Stocks in Play report. Below are the key stocks to watch, along with brief x-ray and analysis.

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1) Broadcom (AVGO) (Rating: B, Multi-Day)

Industry Group: Semiconductors, Market Cap: $840b,  Float: 4.6b, Short Interest: 3.4%, Days to Cover: 2.7, Exchange: NASDAQ

Catalyst: Solid Beat on EPS ($1.60 vs est. $1.50) Solid Beat on Revs, AI Revs up 77% YoY, a Big Beat. Strong guide Beat on Revs and KPIs. Bullish management commentary on AI infrastructure and demand. This was a Top Pick on December earnings report. It’s one of my main ‘‘Pet’’ Stocks now and I like it in the coming days and weeks as a delayed reaction and reliable high priced stock to trade.

2) The Gap Inc (GAP) (Rating: B, Single-Day)

Industry Group: Consumer Retail, Market Cap: $840b,  Float: 4.6b, Short Interest: 3.4%, Days to Cover: 2.7, Exchange: NASDAQ

Catalyst: Big Beat on EPS ($0.54 vs est. $0.38) Beat on Gross Margins, Beat on Revs. Beat on all Brands except Athleta. Guide is inline for revs, Op Margins Beat. This was also a Top Pick in November but just chopped around like the rest of the market. I am looking for intraday opportunities on it today with a potential bounce spot around $21 if it has a pullback and the market is conducive.

Honorable Mention to: CRYPTO - The Whitehouse Crypto summit is happening today. I’m not really sure there’s much if any substance in this but worth watching MSTR, COIN, MARA as they will all be in attendance at the Summit. LUNR - Down almost 40% pre market after losing connection with their moon lander after a ‘'successful landing’’. Relatively low float and High Short Interest stock. Likely to be volatile today with potential for a bounce.

Market Awareness

I feel like I’m on repeat but this market is tough. Today we have the Jobs report & FED Speeches. This is released prior to it but it’ll likely make the market move in a significant way. Odds are that we are due a relief bounce and Friday would be a good day to do it but a real fear moment would be great to give us some sort of defined bottom in the market to work with. I’m watching VIX closely today, If that keeps rising just sit aside. Yesterday I tried too much with the elevated VIX. The market is correlated and everything will move today in tandem.

Have a Great Weekend!

Top Pick Watchlists:

• Top Picks - November 2024

  • LONG: ALAB, HNST, SNOW, ESTC, RKLB, SMTC, URBN, PLTR, GAP, TSLA, SE, RDDT

• Top Picks - December 2024 

  • LONG: CRDO, MRVL, OKTA, FIVE, RBRK, AVGO

• Top Picks - January 2025 

  • LONG: CEG, FUBO, BLK, GE

• Top Picks - February 2025 

  • LONG: MAT, PINS, AXON

Sources & Services I Use in my Trading:

• Finviz - Short Interest, Float, Articles, Fundamentals (Free)

• Benzinga Pro - News Source + News Squawk + Earnings Data (Paid)

• Tradingview - Charting & Scanning (Paid)

• Koyfin - Fundamental Data (Paid)

• EarningsWhispers - Earnings Calendar (Free)

• Tradersync - Trade Journal (Paid)

_{PS: There are many ways to trade stocks in play. It does not have to be the one that keeps going straight up and sometimes it doesn’t even have to be day one of the catalyst. Everyone must find a setup, timeframe and method that works for them. This list is supposed to educate on the criteria I use and the methods in which I find Stocks in Play. Yours may differ and that is completely okay.}