Daily Stock Ideas – November 23, 2021
Today’s 5 Stock Ideas:
- Zoom Video Communications (ZM) – Shares were down 10% ahead of the open following better-than-expected Q3 results and guidance that was above the analyst consensus estimate.
- Nordstrom (JWN) – Will report Q3 earnings after market close Tuesday.
- iSpecimen (ISPC) – One of this week’s momentum-du-jour plays. The stock closed up 80% on Monday following news the company was selected by the U.S. government to supply human biospecimens for advanced phase of COVID-19 research. In after-hours trade Monday, shares rebounded from the $8 level and touched as high as $20. The stock was up about 120% ahead of the open. The stock is in low-float territory, with about 4 million shares in its float.
- Crocs (CROX) – Will present at Morgan Stanley’s Consumer & Retail conference Wednesday, Dec. 1 at 9:30 a.m. EST.
- Allied Esports Entertainment (AESE) – Shares were up 4% Tuesday morning following Q3 results Monday evening. The company said it is “continuing to identify opportunities to invest the cash on its balance sheet…to acquire or merge with an existing business.”