Daily Stock Ideas – July 14, 2021
Today’s 5 Stock Ideas
- Alibaba (BABA) – Shares were up 3% following a Dow Jones report the company and another major Chinese company, Tencent, are considering opening their ecosystems to one another.
- Morgan Stanley (MS) – The sole big bank left to report quarterly results. Morgan Stanley will report Q2 earnings on Thursday before market open.
- Quipt Home Medical Corp. (QIPT) – The company, in a Benzinga exclusive report, announced it entered four new states via the closing of a number of strategic acquisitions. Quipt’s CEO will appear on Benzinga YouTube show, “Power Hour,” at 12:10 p.m. EDT Wednesday.
- Ivanhoe Capital Acquisition Corp. (IVAN) – Lithium-metal battery company, SES, will go public via special purpose acquisition corporation (SPAC) Ivanhoe. The news was announced Tuesday morning. Shares of Ivanhoe closed up 0.2% on Tuesday.
- Alpha Pro Tech (APT) – Stocks that were sensitive over 2020 could see some renewed interest amid recent reports hospitalizations among the unvaccinated population are on the rise as the delta variant of the coronavirus is now the dominant strain in the US. Alpha Pro Tech is a maker of personal protective equipment, including facemasks.