Daily Stock Ideas – February 22, 2021
Today’s 5 Stock Ideas:
- NVIDIA (NVDA) – Will report Q4 earnings on Wednesday, Feb. 24 after market close. Analysts expect EPS around $2.80 on sales of about $4.82 billion.
- Churchill Capital IV (CCIV) – Shares were up about 12% in pre-market action Monday following a weekend article the company’s SPAC merger deal with Lucid Motors could be announced Tuesday of this week.
- Tesla (TSLA) – ARK Invest’s Cathie Wood purchased about 72,000 shares of Tesla on Friday of last week, for a total purchase of about $56 million.
- Leslie’s (LESL) – A play on the extreme weather which has impacted Texas the last couple weeks. Leslie’s is a direct-to-consumer pool care brand, including servicing and replacing parts and equipment, cleaning and maintenance.
- Sarepta Therapeutics (SRPT) – A play on an upcoming FDA date. The FDA will rule on the company’s New Drug Application for its Duchenne Muscular Dystrophy candidate on Thursday of this week.