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The Bullish Shark Report: Weekly Watch (Monday, February 7th, 2022)

We've got another jam packed week and the bulls are ready to run. Futures up slightly with heating oil and gas at the pump also up. Crude Oil pushing over $90/barrel and we've got CPI data on Thursday.

Eyes on Chegg $CHGG who are set to report earnings today post market. Over the past two years, $CHGG has beaten EPS / revenue estimates 88% of the time. Optimistic on this one after insiders bought the crash. At a market cap of 3.8 billion, Chegg has some room for growth to say the least.

Twilio $TWLO is cloud based communication software that's been beat up for too long. Reporting earnings on Wednesday, some analysts are expecting quarterly sales of $768 Million. Twilio is the leader in two-factor authentication and shows no signs of stopping.

Walt Disney $DIS also reporting earnings on Wednesday and is one to keep on the top of your list. They should have an array of innovations in their streaming division and the worst of the losses from park closures should be behind us now.

Uber Technologies $UBER reporting Wednesday as well. Uber's stock price, and company's outlook is definitely an attractive one. Anticipating a big beat and a parabolic move over $40. Looking for a slight pullback after the (+7%) run on Friday and then securing some March 11th $40 call options. It's also important to note that the analyst's average price target is $65.23, over 75% upside from where the stock currently trades.

Last but most definitely not least is Meta Platforms $FB. Still down over 20% last week has created a buying opportunity like none other after the $232 Billion fall set a record for the largest one-day value drop in stock market history. Zuckerberg recognized TikTok and their algorithms as a threat in terms user engagement / screen time. Meta has also spent a lot of money recently pivoting into the Metaverse, a space that's somewhat unknown to investors and led to company confusion. Before you even consider betting against Meta, remind yourself of their stronghold. Facebook - 2.9 billion users, WhatsApp - 2 billion users, Instagram 1.22 billion users, even Facebook Dating has over 10 million users. Once VR becomes mainstream and Oculus creates a name for itself, Meta will rip decades to come and Zuckerberg will surpass Elon Musk and become the richest man in the world.


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