Swing Trade Idea – April 8, 2022
Today’s 5 Stock Ideas
- Roblox (RBLX) – Described as “the closest thing we have to an actual metaverse” by Benzinga friend and CNBC contributor Downtown Josh Brown. While Brown said on Thursday’s edition of CNBC’s “Fast Money: Halftime Report” he likes Roblox for a long-term play, he said “this stock is not gonna work right now.”
- Mandiant (MNDT) – The company and peer in the cybersecurity space, CrowdStrike (CRWD), announced a strategic partnership on Thursday. CrowdStrike’s Falcon platform will now be available on Mandiant services.
- Nokia (NOK) -A recent stock pick by notable investor and manager at Alpha One Capital, Dan Niles.
- Sunshine Biopharm (SBFM) – This week’s most popular low-float momentum name. Shares have rallied nearly 400% since a Tuesday morning Benzinga Pro exclusive report two of the company’s recently-designated mRNA molecules had an effect on cancer cells. Sunshine Biopharma has about 7 million shares in its float.
- Takung Art (TKAT) – Probably the most popular non-fungible token (NFT) stock — at least with the trader crowd. Traders’ interest in this stock makes it one of the most sensitive movers when anything related to NFT crosses newswires. On Thursday, traders circulated commentary from Morgan Stanley that highlighted UK plans to mint its first government-backed NFT.