Daily Stock Ideas – March 23, 2021
Today’s 5 Stock Ideas:
- GameStop (GME) – Will report quarterly results after the close Tuesday. The company’s conference call will begin at 5 p.m. EDT. Register for the call here.
- Hoth Therapeutics (HOTH) – Shares were up 54% in pre-market action following news of in vitro data showing SARS-CoV-2 antiviral activity for its lead drug candidate, HT-002.
- Unity Software (U) – ARK Invest’s Cathie Wood purchased about 187,000 shares of Unity on Monday.
- CLPS (CLPS) – The stock closed up 3% on Monday as traders circulated the stock as a non-fungible token (NFT) play. However, when the Benzinga newsdesk reached out to the company to ask if they had any exposure to NFTs, they did not confirm. “Since NFTs are pretty new, further studies need to be done to ensure it aligns with our competitive advantage and strategy,” according to a CLPS spokesperson.
- Super League Gaming (SLGG) – A potential sympathy play with another esports name Tuesday, Allied Esports (AESE). Allied Esports shares were up 8% following news of a company partnership with Xsens to create the first live animated broadcasters for a professional esports tournament.