Daily Stock Ideas – January 20, 2021
Today’s 5 Stock Ideas:
- Alibaba (BABA) – Shares were up 7% ahead of Wednesday’s open as company CEO, Jack Ma, made his first public appearance since October.
- Roku (ROKU) – The stock was up nearly 2% in sympathy with Netflix (NFLX), which traded up nearly 14% following Q4 results and Q1 and FY20 guidance.
- United Airlines (UAL) – Will report Q4 earnings after market close Wednesday.
- Climate Change Crisis Real Impact I Acquisition Corp. (CLII) – Shares spiked almost 20% higher midday Tuesday following a tweet from hedge fund manager, Chamath Palihapitiya. The tweet teased he would be making an upcoming investment in an undisclosed climate change-related stock.
- DraftKings (DKNG) – The company’s mobile sportsbook and iGaming app will arrive in Michigan on January 22. A day after this news, Morgan Stanley upgraded the stock to Overweight.