Daily Stock Ideas – August 13, 2021
Today’s 5 Stock Ideas:
- Home Depot (HD) – Will report Q2 earnings on Tuesday before the stock market opens. The stock could be a play on strong trends in the housing market.
- NVIDIA (NVDA) – To publish quarterly results after the close on Wednesday.
- Twitter (TWTR) – In an under-the-radar news item from Wednesday, Twitter CEO Jack Dorsey replied to a tweet and agreed “every account on Twitter should have a wallet address for storing NFTs.”
- ContextLogic (WISH) – Shares were down about 28% Friday morning following Q2 results and a warning moving into Q3. The company said it expects next-quarter sales to continue to decline.
- Upstart (UPST) – CNBC’s Jim Cramer suggested investors buy the stock. Cramer said he believes the name is a “star” that will “last for a long time.”