Daily Stock Ideas – March 8, 2021
Today’s 5 Stock Ideas:
- United States Oil Fund LP (USO) – Oil was volatile Monday morning following a Sunday report of an attack on a Saudi oil facility by Houthi rebels.
- GameStop (GME) – Shares were up 11% following a report the company will form a special committee lead by Chewy (CHWY) founder and GameStop activist, Ryan Cohen. Cohen and the committee will guide the company’s digital/e-commerce transformation plan and find a Chief Technology Officer and new CFO.
- Lion Group Holding (LGHL) – The company signed engagement letters with Maxim Group LLC and Loeb & Loeb LLP to form a second SPAC company, Aquarius I Acquisition Corp.
- Prothena (PRTA) – Will present at the Alzheimer’s and Parkinson’s disease conference new preclinical data on a treatment for Alzheimer’s disease Thursday morning.
- Ballard Power (BLDP) – This fuel cell company will report quarterly results after market close on Wednesday.