Royal Caribbean (RCL) – A play on a favorable call by an analyst. Barclays’ Brandt Montour raised his price targets on Royal Caribbean and Norwegian Cruise (NCLH) Monday morning. The analyst cited easing fuel prices as helping cruise liner’s cost structure.
Generac (GNRC) – A play on the 2022 hurricane season. Generac is a manufacturer and provider of portable and static generators. Generac is viewed as a top way for investors to gain exposure during natural disasters.
Darden Restaurants (DRI) – The company will report quarterly results on Thursday of this week. Traders and investors can potentially use this company’s performance as a way to gauge the overall consumer sentiment in the United States. Darden’s restaurant brands include Olive Garden, Bahama Breeze, LongHorn Steakhouse and The Capital Grille.
Trinity Place Holdings (TPHS) – Monday’s penny-stock, low-float momentum play of the day. Shares were up 20% on heavy volume but no news.
FOXO Technologies (FOXO) – A new issue as of Friday. Shares began trade following the completion of a special purpose acquisition corporation (SPAC) deal with Delwinds Insurance. FOXO is involved in the epigenetics space; one of the company’s main missions focuses on human-life longevity.