Daily Stock Ideas – February 23, 2021
Today’s 5 Stock Ideas:
- Aurora Cannabis (ACB) – Cannabis-related stocks briefly spiked higher on Monday after New Jersey Governor signed the state’s bill for recreational-use cannabis and decriminalization. A Cowen analyst later gave the estimate for cannabis-related sales in the state to begin between Jul. 1, 2021 and Jan. 1, 2022.
- DraftKings (DKNG) – Will report Q4 earnings on Friday, Feb. 26 before market open.
- Airbnb (ABNB) – To issue quarterly results on Thursday, Feb. 25 after market close.
- ARKO Corp. (ARKO) – A play on fast charging for electric vehicles. The company on Monday announced a deal with Israel-based developer of electric vehicle charging technology, Chakratec, for fast charging.
- CareDx (CDNA) – In an interview with Benzinga, company CEO, Reg Seeto, called CareDx “a growth company” and “the largest dedicated transplant company…in the world.”