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Short Selling Stock: Things to Keep In Mind Stock Market Volatility: Some of the Factors that May Affect the Market

What’s a quarterly report?

A quarterly report is a financial report that every company releases to its stakeholders.

This report is released every three-month period.

Although it’s a bit limited to the data it provides compared to an annual report.

It does give some useful information to its stakeholders pertaining to how the company is doing.

Why should you look forward to quarterly reports?

Usually, when a company publishes its report there’s a chance that its price will surge if the report is positive.

That gives us an incentive to look forward to their report.

On the other hand, they usually go down in value if the report is a negative one as we would expect.

I’m sharing four stocks or companies that are going to release their quarterly report in February 2022 with you.

You may want to look forward to those reports.

Genworth Financial, Inc. (GNW)

Genworth Financial, Inc. is set to release its quarterly report on the 1st of February.

A date many investors are waiting for.

Genworth Financial, Inc. is a financial services company, which engages in the provision of insurance, wealth management, investment and financial solutions. 

Genworth Financial has gained over 11% increase in its price during the past month.

It’s currently trading at $4.41 which is not too far from its 52-week high of $4.61.

At the moment, financial analysts think it’s a stock to hold for now.

One thing to note is that it’s been making profits for the last month.

It went up to a total of 11.22 percent which is a good sign for this stock.

Workhorse Group, Inc. (WKHS)

Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. 

On February 28, pre-market is when its quarterly will be released. Being pre-market is very good for us as it gives us time to know the data before the market opens.

Depending on your brokerage, you may be able to buy stocks during the pre-market period if you have to.

At the moment, WKHS is trading at $ 3.89 and its 52-wk low is $3.76. This is a very low price for investors as its 52-wk high is $42.96.

Lots of rooms for an upward trend.

Zomedica Corp. (ZOM)

Zomedica Corp. operates as a veterinary health company, which engages in the discovery, development, and commercialization of pharmaceuticals for the companion pet. It offers products for dogs and cats by focusing on the unmet needs of clinical veterinarians. Its TRUFORMA biosensor platform is designed to assist practitioners in the diagnosis of complex conditions.

This is a sub-penny stock at the moment, trading at $0.32.

With a volume over 6M, it’s not too far from reaching its average volume of just over 9M.

That should tell us something, that should tell us that people are trading it although it’s not even really a penny stock for now.

It’s not a stock I’d trade on any given day but I’d pay close attention to it, especially on their quarter release day.

February 24, after hour, is the set date for their quarter release.

Nokia Oyj. (NOK)

Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Networks, Nokia Software, Nokia Technologies, and Group Common and Other. The Networks segment comprises mobile networks, services, fixed networks, and optical networks.

Nokia looks like it’s setting its support at $5.49 and the chart shows this stock to be consistent with its moves.

I think it’s a good one to watch as it’s going to release its quarter on February 3rd, premarket.

Nokia is a good fit for my prior post because this year can be a vital one for it.

Last month they reported that they have been selected by WINDTRE to deploy a high-performance optical backbone at the core of its network infrastructure.

NOK should be watched very closely as this year may bring good results.

Conclusion

As day traders we have to always be on the lookout in order to make money.

Watching stocks on their quarterly release date is a good example of how you can have the chance to improve your portfolio.

Many of them may not move a bit, some may even decrease in values after a good quarter, but you will find some good ones.

As always, good luck trading!

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