Daily Stock Ideas – January 22, 2021
Today’s 5 Stock Ideas:
- Twitter (TWTR) – Shares spiked nearly 2% during Thursday’s intraday session following a comment from a Biden aide the administration has indicated Twitter will be among its tools to communicate to people.
- Climate Change Crisis Real Impact I Acquisition Corp. (CLII) – Announced a business combination deal with EVgo, a leader in the US electric vehicle fast-charging space. The deal is expected to close in Q2’21; the stock will trade under ticker symbol “EVGO.”
- NeuBase Therapeutics (NBSE) – A new long by David Einhorn’s hedge fund, Greenlight Capital.
- GigCapital3 (GIK) – The stock spiked into positive territory during Thursday’s mid-day session following circulation of an earlier press release from its SPAC merger partner, Lightning eMotors, it will be expanding its production capacity. GigCapital3 shares closed Thursday’s session lower as traders took profit.
- 500.com (WBAI) – A crypto/bitcoin play. The company announced Thursday the purchase of bitcoin mining machines totaling $14.4 million.