Daily Stock Idea – March 26, 2021
Today’s 5 Stock Ideas:
- RYB Education (RYB) – Chinese education stocks were trading sharply higher Friday morning, potentially following the Thursday IPO of a peer in the space, Elite Education (EEIQ). A few other names moving higher Friday included WaFu Education (WAFU), Tarena (TEDU), China Liberal Education (CLEU) and China Online Education (COE).
- Tapestry (TPR) – A potential sympathy play following raised guidance out of L Brands (LB).
- SmileDirectClub (SDC) – Company CFO, Kyle Wailes, will appear on Benzinga’s “Power Hour” YouTube show around 1 p.m. EDT Friday.
- ThredUp (TDUP) – An IPO for Friday. The company provides a clothing resale platform for women and kids.
- Root (ROOT) – A new long idea from research shop Citron.