Saturday, April 15, 2023

We Nailed Our Earnings Calls on These Stocks Last Season: Here’s How We’re Playing Them Now

We Nailed Our Earnings Calls on These Stocks Last Season: Here's How We're Playing Them Now

By Andy Swan

Welcome to Derby City Daily, the new free service from LikeFolio delivering you fresh consumer insights every day of the week. New around here? Click here to get started with a personal welcome letter from our team.

When many investors show up to the party to trade on valuable new information, things can get crazy — if not downright out of hand.

That's what makes earnings season the most lucrative 10 weeks of the year…

And why the National Bureau of Economic Research (NBER) found that the days leading up to and following earnings announcements are characterized by above-average volume and wider price swings.

Last season, we rocketed to a powerful start by nailing a bullish call on Netflix (NFLX)… something no one saw coming, except those with access to LikeFolio's real-time consumer data.

The streaming giant manages to headline just about every earnings season because it's typically one of the first big names out of the gate to report numbers to Wall Street, and no matter the results, its stock price tends to move in a big way.

NFLX shares popped more than 8% higher on that Q4 report (just like we thought they would), and the season before that, shares moved as much as 18% higher.

This season, you have us in your corner with Derby City Daily — and I want to send something special to you this weekend to get your earnings season motor primed and ready.

Netflix is headlining once again with its first-quarter report on deck for Tuesday (April 18). And we're looking to hit a double after our last win — but the data may surprise you.

I'll explain why today in a very special video edition of Derby City Daily, where I sit down with Landon and Megan to dish some of our top earnings plays looking ahead into 2023.

We booked a win on each of these names last season.

So be sure to check out these three earnings plays we love:

Click here to watch this video (free) on derbycityinsights.com

If you're interested in getting specific trade recommendations delivered straight to your inbox, we'd love to have you on board as a paid-up member for Week 1 of Earnings Season Pass — which officially kicks off THIS Sunday. You're free to learn how to join here.

Enjoy,