Daily Stock Ideas – June 2, 2021
Today’s 5 Stock Ideas
- Pinduoduo (PDD) – Unusual options activity has shown bullish activity in Pinduoduo this week. Benzinga Pro’s unusual options signal showed 11 unusual option alerts on Pinduoduo on Tuesday, with bullish interest in strike prices ranging from $125 to $160.
- Orbital Energy Group (OEG) – The second-most searched ticker on Benzinga Pro over the last 24 hours, behind only AMC Entertainment (AMC). Shares of Orbital rallied more than 115% on Tuesday following news of a engineering and construction contract by a company subsidiary, Gibson Technical Services. The stock was down 10% Wednesday morning.
- Splunk (SPLK) – Will report Q1 earnings after market close Wednesday.
- Expedia Group (EXPE) – A play on the reopening of travel within the US and around the world.
- DLocal (DLO) – An IPO for this week, expected to open on Thursday. DLocal is a global cloud-based merchant and payments platform.