5 Stocks I CANNOT WAIT to Trade on Earnings

Jan 09, 2022

LikeFolio’s Earnings Season Pass is one of my favorite products.

Not just because it regularly creates plays that can return a 400%+ profit in less than five days… although that’s nice!

But I truly love it because it keeps me connected to hundreds of companies every single quarter with big trading opportunities every single week.

Bottom line: It’s fun!

So, as we are kicking off the Q1 2022 earnings season, I asked Harrison Sweeney, our top earnings analyst, to give us a sneak peek of five of the stocks that are already starting to look like great setups for earnings trades.

Harrison is a stats guy who cuts to the chase.

Here’s the five he sent me, along with his reasons to be excited:

Citrix Systems (CTXS):

  • Preliminary Earnings Score: +75
  • Strong consumer buzz and happiness growth
  • System 4/6, Andy and Landon are both 2/2 on historical earnings trades
  • Street has low expectations after three revenue misses in a row

Dave & Buster’s Entertainment (PLAY):

  • Preliminary Earnings Score: +75
  • Strong buzz and consumer demand growth
  • All trading styles are 3/4; scored on bullish trades in past three quarters
  • Excellent revenue recovery from 2020 devastation

Roblox (RBLX):

  • Preliminary Earnings Score: +70
  • Consumer buzz and demand still showing acceleration
  • Big score to the upside last quarter on earnings trade
  • Has since traded lower, back to last earnings report level
  • Overall long-term bullish thesis remains unchanged

Rite Aid (RAD):

  • Preliminary Earnings Score: +66
  • Consumer buzz and demand showing acceleration
  • System 3/4, Andy 3/3, Landon 2/2 on historical earnings trades
  • Strong EPS growth — critical in current environment

Kroger (KR):

  • Preliminary Earnings Score: +66
  • Consumer buzz and demand acceleration
  • System 4/6, Andy 4/4, Landon 2/3 We passed on a +19 score last quarter and missed a nice move higher. Looking for redemption!

To be clear, none of those scores are official yet. There’s a lot that can happen for each of these companies between now and the week they report earnings.

But when it’s time to pull the trigger on each of these, we’ll be ready.

Each and every Sunday during the next 10 weeks of earnings season, we will be sending out our famous Earnings Sheet, along with a 30-to-60-minute roundtable discussion about the stocks and strategies laid out for the week.

It’s incredibly exciting… and it starts TONIGHT.

That’s right… our first earnings sheet of Q1 will be going out in just a few hours, at 7 p.m. Eastern.

And don’t worry — Harrison has assured me there are a LOT more fantastic opportunities coming throughout the season.

Let’s go!

Andy Swan,
Founder, LikeFolio