Daily Trade Ideas – February 18, 2022
Today’s 5 Stock Ideas:
REMINDER: The US stock market will be closed on Monday, Feb. 21 to observe George Washington’s birthday. Have a great 3-day weekend, traders!
- VanEck Russia ETF (RSX) – A good way to track the ongoing unrest with Russia and the Ukraine. Stock futures moved lower Friday morning, seemingly related to a headline a separatist group in eastern Ukraine announced the evacuation of citizens into Russia.
- Moderna (MRNA) – The company announced the expansion of its mRNA pipeline with 3 new development programs.
- eBay (EBAY) – Will report Q4 earnings on Wednesday of next week. Results will be out after market close.
- Color Star Technology (CSCW) – A play on the metaverse. The company announced Friday morning it will build a virtual ticketing office on its Color World metaverse software.
- Quanergy Systems (QNGY) – A momentum play from Thursday. Shares closed up 31% on Thursday and were up another 58% Friday morning. The stock was one of the most-discussed stocks in Benzinga Pro’s chat.