Daily Stock Ideas – August 12, 2021
Today’s 5 Stock Ideas:
- Disney (DIS) – Will report quarterly results after market close Thursday. Analysts expect earnings of $0.56 per share on sales of $16.8 billion.
- Clover Health Investments (CLOV) – The most-searched ticker on Benzinga Pro over the last 24 hours. Also the most-discussed stock in the Benzinga Pro Lounge chat. Shares were up 24% in pre-market action following Q2 results and strong FY21 sales guidance.
- NIO Inc. (NIO) – Reported better-than-expected Q2 results and strong Q3 guidance. The stock was up about 1% ahead of the open.
- Stratasys (SSYS) – Shares of 3D printing stocks were higher Thursday morning following a deal for peer in the space, The ExOne Company (XONE). Desktop Metals (DM) announced Wednesday evening it will buy ExOne in a $575 million deal. Shares of another peer in the space, 3D Systems (DDD), traded up about 0.3% on the sympathy move.
- Beachbody (BODY) – To publish Q2 earnings after market close on Thursday.