Daily Stock Ideas – June 9, 2021
Today’s 5 Stock Ideas
- Electronic Arts (EA) – A play on the upcoming video game conference, E3. The event runs from Jun. 12 to Jun. 15. Benzinga will be hosting a preview of E3 on its YouTube channel Wednesday at 1 p.m. EDT.
- ContextLogic (WISH) – A trending stock with increased retail interest. The Swaggy Stocks list of top-mentioned tickers on Reddit’s WallStreetBets shows ContextLogic as the eighth-most discussed stock on the forum. The stock was the second-most searched ticker on Benzinga Pro over the last 24 hours (behind Clover Health (CLOV)). Shares were up nearly 30% ahead of the opening bell.
- SCYNEXIS (SCYX) – Company CEO, Dr. Marco Taglietti, will appear on Benzinga’s “Power Hour” YouTube show on Friday at 12:30 p.m. EDT.
- Coinbase (COIN) – Shares were up nearly 2% ahead of the open despite being assigned the equivalent of a sell rating by an analyst at Raymond James. The analyst set a $95 price target on Coinbase.
- Clovis Oncology (CLVS) – The stock was up 30% in pre-market activity despite no news.