Four Earnings Season Stocks To Buy Today

Earnings season usually kicks off "officially" with Alcoa Corp. (NYSE: AA) scheduled to report earnings after the market closes on July 15, but we all know things are already heating up.

I'll let you know if anything happens there you need to know about, but I'm not really here to talk about Alcoa right now.

Instead, I want to run down four stocks that'll be reporting between now and mid-August. Each one of these has the potential to make big moves before then, and I've got some key buy-in levels to share.

Even better, I've got two inexpensive trades to put on, each with a beautiful low-risk, high-reward profile.

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Image Source: Unsplash

Here are the tickers and trades…

This Stock Could Be in a Short Squeeze

First up on my shortlist is CuriosityStream Inc. (Nasdaq: CURI). This is a media company and streaming service that provides premium video programming of factual entertainment – science, history, society, nature, lifestyle, and technology.

That may or may not be your cup of tea, but the stock has me interested for three reasons:

First up, the stock has experienced pretty solid support at the $12.05 to $12.35 range over the last seven months. I like targeting the stock if it gets back down to that range, which is a distinct possibility over the next day or two, given its short-term downward trend since July 9.

What's more, CuriosityStream is scheduled to report second-quarter 2021 earnings on Aug. 10, 2021, which means we could see a pop alongside an earnings beat in less than a month.

Finally, and best of all, CURI's short float is 17.5%, which means it could experience a classic short-squeeze candidate as we draw nearer to earnings on Aug. 10.

If the stock pulls back to $12.15, I like buying the CURI Aug. 20, 2021 $12.5/$15 call spread for $1 or less. At that price, the trade has a 2.5-to-1 reward to risk profile, which I like a lot. A cheap stock and an even cheaper trade.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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