Daily Stock Ideas – June 24, 2021
Today’s 5 Stock Ideas
- DraftKings (DKNG) – Shares will likely see added attention Thursday following positive guidance from peer in the gambling space, Penn National Gaming (PENN).
- Roku (ROKU) – The stock closed up 4.5% Wednesday and was up another 2% Thursday morning. A mid-day report from Dow Jones Wednesday suggested Comcast (CMCSA) CEO indicated, while he didn’t think M&A in the streaming space was needed, purchase of Roku and/or a merger with ViacomCBS (VIAC) had been considered. A later CNBC report said a Comcast spokesperson called the Dow Jones report “pure speculation.”
- UPS (UPS) – An earnings sympathy play. Close peer in the shipping space, FedEx (FDX), will report Q4 earnings after market close Thursday.
- Doximity (DOCS) – An IPO for Thursday. Shares priced at $26. Company CFO, Anna Bryson, will appear on Benzinga’s “Power Hour” YouTube show at 12:30 p.m. EDT Thursday.
- Entera Bio (ENTX) – The most searched ticker on Benzinga Pro over the last 24 hours. The stock closed up 45% on Wednesday following news a company trial for its bone mineral density treatment met the primary endpoint.