Daily Stock Ideas – December 18, 2020
Today’s 5 Stock Ideas:
- Banco Bilbao Vizcaya Argentaria (BBVA) – A crypto exposure play. The company has been investing in Coinbase since 2015 and Coinbase recently filed for an IPO.
- Macrogenix (MGNX) – The FDA is scheduled to rule on the company’s biologics license application for margetuximab, which is being evaluated in combination with chemotherapy for treating patients with metastatic HER2-positive breast cancer. The PDUFA goal date is today.
- FedEx (FDX) – FedEx reported Q2 earnings results yesterday after the close and traded lower. Shares could continue to be impacted today by the news.
- Amgen (AMGN) – The FDA will decide on the company’s BLA for ABP 798, a candidate to compete against Roche Holdings AG’s Rituxan. The decision date is Dec. 19.
- Cyclo Therapeutics (CYTH) – Maxim initiated a Buy rating with a $12 price target yesterday. Shares traded more than 40% higher pre-market today.
Coming straight from Benzinga’s team of researchers and reporters, the stocks above have all the signs of a great opportunity.
That means at least one excellent catalyst has already, or will eventually, drive price change