International Business Machines (IBM) – An earnings play. The company will report quarterly results after market close on Wednesday. Analysts expect earnings of $1.78 per share on sales of $13.5 billion.
Rumble (RUM) – A play on alternative media. Rumble is a provider of a YouTube-esque video-sharing platform which touts non censorship. In weekend news, celeb Kanye West purchased Parler, a social media platform which describes itself as focused on free speech.
Chipotle Mexican Grill (CMG) – A play on a favorable analyst call ahead of quarterly earnings. An analyst at Oppenheimer Monday morning called Chipotle “a rarity” in the restaurant space as the company and stock have an “attractive” set up heading into earnings. Chipotle will report quarterly results on Tuesday of next week.
Clean Energy Fuels (CLNE) – A play on natural gas. Shares of peer in the nat-gas space, Archaea Energy (LFG), were up more than 50% following news BP (BP) will purchase Archaea in a $4 billion deal.
Inpixon (INPX) – A momentum play last week which has continued to see notable price action Monday morning. The stock rallied more than 90% last week following news of new purchase orders on Tuesday of last week. Shares of this low-float name were up another 60% Monday morning on no news.