Daily Stock Ideas – March 30, 2021
Today’s 5 Stock Ideas:
- Jumia Technologies (JMIA) – Shares were up 8% Tuesday morning following news the company completed an at-the-market offering.
- Compass (COMP) – An IPO for this week. The company runs software for buying and selling of real estate and homes. The company says it is the largest independent real estate brokerage by gross transaction value in the US. The stock is expected to begin trade on Thursday.
- RH (RH) – A technical idea. On a special Saturday edition of Benzinga’s “Get Technical” YouTube show, host Neal Hamilton added RH to his watchlist for this week. On Monday, the stock broke above the $575 level to test over the $600 level, only to sell off after the morning high. Shares closed Monday around $565.
- Coursera (COUR) – An IPO for this week, expected to open Wednesday. The company provides an online education platform of pre-packaged courses.
- FreightCar America (RAIL) – The stock was one of the only transportation stocks to move following a Monday headline the Biden administration will announce transportation-related stimulus on Wednesday.