Daily Stock Ideas – January 14, 2021
Today’s 5 Stock Ideas:
- Beyond Meat (BYND) – Shares were up 4% ahead of the open Thursday following news out of Yum Brands’ (YUM) Taco Bell it will bring potatoes back to its menu and partner with Beyond Meat.
- ARK Space Exploration ETF (ARKX) – The team over at Cathie Wood’s ARK Invest will be making a space exploration ETF. Shares of Virgin Galactic (SPCE) were up about 13% ahead of the open following the news.
- Digital Ally (DGLY) – The stock was sensitive to a Wednesday report out of POLITICO the US National Guard was briefed on an explosive device threat in Washington D.C.
- Staffing 360 Solutions (STAF) – Shares were up 5% in pre-market action in sympathy with a move higher in Volt Information Services (VOLT). The companies are viewed as plays on the staffing/hiring market. Volt Info Services reported better-than-expected Q4 results.
- Blue Hat Interactive (BHAT) – Traders viewed the stock as a sympathy play with GameStop (GME) on Wednesday. The company is a maker of augmented reality interactive games and toys.