Daily Stock Ideas – June 16, 2021
Today’s 5 Stock Ideas
- DraftKings (DKNG) – ARK Invest’s Cathie Wood purchased $42 million in the stock Tuesday as shares fell 4% amid a short seller report from Hindenburg Research.
- Ideanomics (IDEX) – Company CEO, Alf Poor, to appear on Benzinga’s Power Hour YouTube show Thursday at 12:30 p.m. EDT.
- Arrival (ARVL) – Shares closed Tuesday up 6% and were up 16% Wednesday morning as traders circulated the stock as a new WallStreetBets pick. A tracker of ticker mentions on WSB (via Swaggy Stocks) showed Arrival was the 17th-most mentioned ticker on the forum.
- Cleveland-Cliffs (CLF) – One of the most discussed stocks in the Benzinga Pro chat Wednesday morning.
- Smith & Wesson (SWBI) – Will report Q4 earnings on Thursday after stock market close.