Daily Stock Ideas – January 19, 2021
Today’s 5 Stock Ideas:
- Netflix (NFLX) – Will report Q4 earnings after market close Tuesday. Analysts expect earnings of $1.39 per share on sales of about $6.6 billion. Expect results to be out around 4:01 p.m. EST.
- Merck (MRK) – The FDA will give a verdict on the company’s New Drug Application for its heart failure treatment, vericiguat, on Wednesday.
- BlackBerry (BB) – Continued last week’s rally Tuesday morning, up about 6%. Shares were up more than 25% last week. The stock has been chosen as a favorite by the Wall Street Bets Reddit community.
- Wynn Resorts (WYNN) – A play on mobile sports betting. The company on Friday won a partnership with Elite Casino Resorts to expand access to its online betting app into seven US states.
- Polar Power (POLA) – A play on hybrid power systems for generating renewable energy on the grid. After the stock closed up 30% on Friday, shares continued higher Tuesday, up another 22% ahead of the open.