Daily Stock Ideas – November 16, 2021
Today’s 5 Stock Ideas:
- Peloton Interactive (PTON) – The company announced a $1 billion common stock offering. While shares initially moved lower, the stock rebounded off a pre-market low at $43.64 and was trading higher, up about 3%.
- Lucid (LCID) – The most-searched ticker on Benzinga Pro over the last 24 hours. The company reported quarterly results after market close on Monday. Shares were up about 11% following the results. Other electric vehicle manufacturers traded higher in sympathy, including Rivian (RIVN) and Fisker (FSR).
- Huadi International (HUDI) – A top short squeeze candidate, according to data collected by Benzinga’s Chris Katje.
- Ault Global (DPW) – A play on momentum in SilverSun Technologies (SSNT), which closed up 20% on Monday. Ault Global Chair and Founder tweeted Monday and noted Ault Global is the second largest shareholder in SilverSun.
- ShiftPixy (PIXY) – Company CEO Scott Absher will interview on Benzinga’s ‘Benzinga Live’ YouTube show Tuesday.