Daily Stock Ideas – April 1, 2021
Today’s 5 Stock Ideas:
- Microsoft (MSFT) – Shares rallied nearly 2% at the end of Wednesday’s session following a report the company won a potentially $22 billion contract with the US Army for augmented-reality headsets.
- ChargePoint Holdings (CHPT) – Shares were up 15% during Thursday’s pre-market session as a play on electric vehicle charging. On Wednesday, US President Joe Biden introduced his transportation infrastructure plan; however, Biden gave little in the way of details of the plan.
- Funko (FNKO) – The stock was up 12% Thursday morning following news the company will enter the non-fungible token (NFT) market with the purchase of a majority stake in TokenHead.
- Blink Charging (BLNK) – Another play on electric vehicle charging stations.
- Root (ROOT) – Will report quarterly results on Thursday, Apr. 8, 2021 before the market open.