Daily Stock Idea – March 25, 2021
Today’s 5 Stock Ideas:
- Palantir Technologies (PLTR) – ARK Invest’s Cathie Wood purchased about 1.2 million more shares of Palantir on Wednesday.
- Chipotle (CMG) – The company announced an investment in Nuro, an autonomous delivery company.
- BlackBerry (BB) – Reported the establishment of an innovation fund for its intelligent vehicle data platform, BlackBerry IVY, to help data-driven auto ecosystem providers.
- Cinedigm (CIDM) – Shares were up 17% Thursday morning following Wednesday evening tweets from the company that disclosed Cinedigm’s product team will develop non-fungible token (NFT) products to enhance the user experience for its audiences.
- Cricut (CRCT) – An IPO for Thursday. The company manufactures a brand of cutting plotters or computer-controlled cutting machines for home crafters.