Best Stock Picks Today | CRWD Earnings 12-3-20

BEST STOCK PICKS TODAY

CrowdStrike Stock Pops; Cybersecurity Firm Swings To Profit As Revenue Beats

Cybersecurity firm CrowdStrike Holdings (CRWD) swung to a profit in the October quarter, topping views, while revenue also beat Wall Street estimates.

CrowdStrike said it earned an adjusted 8 cents a share, while revenue jumped 86% to $232.5 million. Analysts had projected CrowdStrike would break-even on revenue of $213.5 million for the quarter ended Oct. 31. (Source: investors.com)

Trading Game Plan: 12-3-20

Electric vehicle stocks traded into a vicious reversal and closed near the highs. Today we're looking for NIO and XPEV to go "well-bid" so we can begin building a longer term trade.

Financial stocks have shown solid strength the last four weeks and traded into a bullish pause. If we see a breakout today new swing trades are in the game plan. a few of the stocks in this sector include C, LNC, GS and MS.

BA Boeing gave us a weekly entry signal so we started a new trade with intentions of adding to the position. We outline the trade and the profit target in today's video.

In total we review fourteen stock picks for today.

Have a great day!
Pete