Daily Stock Idea – March 29, 2021
Today’s 5 Stock Ideas:
- Merck (MRK) – The company is expected to release results from a Phase 3 study of its therapeutic candidate for the treatment of patients with severe, critical COVID-19.
- US Steel (X) – A watch list pick from Benzinga’s “Get Technical” YouTube show over the weekend. Neal wanted some exposure to steel and was intrigued by the US Steel chart.
- lululemon (LULU) – Will report Q4 results after market close on Tuesday. Analysts expect earnings of about $2.49/share on sales of about $1.66 billion.
- Kandi Technologies (KNDI) – A play on electric vehicles. The company will report quarterly earnings before market open on Tuesday.
- TS Innovation Acquisitions Corp. (TSIA) – CEO of the company’s SPAC merger partner, Latch, Luke Schoenfelder, will appear on Benzinga’s “SPACs Attack” YouTube show on Wednesday of this week. The interview will start after 11:15 a.m. EDT.