Daily Stock Ideas – February 9, 2021
Today’s 5 Stock Ideas:
- General Motors (GM) – Will report Q4 results before market open on Wednesday.
- Zynga (ZNGA) – Shares were up about 4% Tuesday morning in sympathy following news a peer in the mobile gaming space, Glu Mobile (GLUU), will be purchased by Electronic Arts (EA). The deal for Glu totaled about $2.1 billion.
- Domo (DOMO) – Benzinga founder, Jason Raznick, on Monday’s “ZingerNation Power Hour” show said he likes Domo, although he didn’t have an investment in the name.
- MGM Resorts (MGM) – To post Q4 earnings after market close on Wednesday.
- Microstrategy (MSTR) – A play on bitcoin. The cryptocurrency was up another 7% over the last 24 hours, trading over the $45,000 level. Microstrategy CEO appeared on a CNBC interview Monday and called bitcoin the “best performing asset.”