Daily Stock Ideas – October 18, 2021
Today’s 5 Stock Ideas:
- Coinbase (COIN) – A new pick by CNBC contributor Josh Brown. On Thursday’s episode of “Fast Money: Halftime Report” last week, Brown said Coinbase was a new long.
- Regeneron (REGN) – A play on an upcoming FDA date. The FDA is expected to rule on the company and Sanofi’s (SNY) supplemental New Drug Application for Dupixent as a treatment for moderate-to-sever asthma in kids. A ruling is expected by Thursday.
- Clarus Corp. (CLAR) – Shares were up about 1% following better-than-expected Q3 guidance and raised FY21 guidance out of the company.
- Enfusion (ENFN) – An IPO play. The company is a software-as-a-service (SaaS) provider. Shares are expected to open for trade on Thursday.
- Portillo’s (PTLO) – An IPO play. A restaurant brand based out of the midwest. The stock is expected to open for trade on Thursday.