Daily Stock Ideas – February 11, 2021
Today’s 5 Stock Ideas:
- Climate Change Crisis Real Impact I Acquisition (CLII) – This special purpose acquisition corporation’s (SPAC) expected merger partner, electric vehicle charging company EVgo, announced Thursday morning it would be expanding its relationship with Tesla (TSLA). EVgo will deploy 400+ integrated Tesla connectors to existing EVgo stations and add 200 connectors for new stations planned in 2021.
- Match Group (MTCH) – Trader Downtown Josh Brown, on CNBC’s “Fast Money: Halftime Report” Monday, shared a belief Match will see increased investor attention following the IPO of Bumble (BMBL), another dating site. On Wednesday evening, Bumble priced its IPO at $43/share. Bumble will begin trade Thursday.
- Aurora Cannabis (ACB) – Will report Q2 earnings after market close Thursday.
- fuboTV (FUBO) – A favorite pick by a popular account on WallStreetBets, Zack Morris.
- OrganiGram (OGI) – A play on continued interest in the cannabis space by retail investors on WallStreetBets. On a list of trending tickers from the Reddit forum, Sundial Growers (SNDL) was the most-mentioned stock, followed by Tilray (TLRY) and Aphria (APHA). OrganiGram was #12 on the same list.