Daily Stock Ideas – April 12, 2021
Today’s 5 Stock Ideas:
- NVIDIA (NVDA) – The company will host its annual investor day Monday afternoon. The event starts at 1 p.m. EDT. A Credit Suisse analyst last week gave some insight into what to expect during the event.
- NIO Inc. (NIO) – Shares rallied into the close Friday following a tweet from Tesla’s (TSLA) Elon Musk that congratulated NIO for hitting the 100,000 electric vehicles produced mark.
- Falcon Capital Acquisition (FCAC) – The CEO of the company’s special purpose acquisition corp (SPAC) merger partner, Sharecare, Jeff Arnold, will appear on Benzinga’s “SPACs Attack” YouTube show Monday at 11:15 a.m. EDT.
- Affimed (AFMD) – Shares were up 5% Monday following positive data from its tumor monotherapy drug candidate.
- AppLovin (APP) – An IPO expected this week. The company is a mobile app ecosystem developer. The new issue is expected to open on Thursday.