Daily Stock Ideas – June 29, 2021
Today’s 5 Stock Ideas
- SoFi Technologies (SOFI) – The most popular ticker recently mentioned on Reddit’s WallStreetBets community. Shares broke over the $20 level in pre-market action Tuesday.
- Palantir Technologies (PLTR) – The company filed an abstract with the US Patent & Trademark Office for “Malicious activity detection system capable of efficiently processing data accessed from databases and generating alerts for display in interactive user interfaces.” Shares were quiet in pre-market trade despite the filing.
- Cleanspark (CLSK) – Company Chair, Matt Schultz, will appear on Benzinga’s “Power Hour” YouTube show at 12:45 p.m. EDT Tuesday.
- SPDR Homebuilders ETF (XHB) – This ETF could be in focus this week amid several data points in the housing space: house price index on Tuesday and pending home sales data on Wednesday.
- Novo Nordisk (NVO) – Shares traded up about a percent Tuesday morning following news Walmart (WMT) launched a private brand of analog insulin. Novo Nordisk is the insulin manufacturer for Walmart.