Benzinga Daily Stocks To Watch

Boris Johnson Resigns! Wednesday's Top Play


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Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.

On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659

  • BBBY - something else to keep in mind (besides recent price action): co missed on earnings and sales when it reported its Q1 results on Jun. 29
  • USEA - other overseas shippers: EGLE (10M shares), NM (19M shares), ESEA (3M shares), GLBS (19M shares), PXS (4M shares), EDRY (1.5M shares)
  • GROV - was being discussed in BZ Pro's #swimmers chat


Today's 5 Stock Ideas:

  • iShares MSCI United Kingdom ETF (EWU) - An exchange-traded fund (ETF) play on the United Kingdom. UK Prime Minister Boris Johnson stepped down from his position as the UK's top politician in late-Wednesday news.
  • Bed Bath & Beyond (BBBY) - A play on recent buying of company shares by Bed Bath & Beyond execs. Importantly, the insider buying comes as shares have fallen more than 80% over just the last three months. Company filings Wednesday evening showed Bed Bath & Beyond's interim CEO purchased more than $230,000 in company stock and two other execs purchased a combined total near $100,000.
  • United Maritime Corp. (USEA) - Wednesday's momentum du jour play. Shares of this low-float Greece-based overseas shipper began trade Wednesday, only to rally nearly 200% on no specific news. According to data on Benzinga Pro, the company's issue has about 1 million shares in its float. The stock was up another 150% in pre-market action Thursday.
  • Levi Strauss (LEVI) - A play on upcoming earnings by a popular apparel brand. The company will report quarterly results after market close Thursday.
  • Grove Co. (GROV) - A play on the expansion of Grove's products into three major retailers. Shares were up about 7% Thursday morning amid news the company's products will now be available in Kohl's (KSS), Midwest-based Meijer and also Giant Eagle.


Hosts:

Steve Krause Reach out to Steve at [email protected]

Sr. Reporter Benzinga Newsdesk

Brent Slava Reach out to Brent at [email protected]

Sr. Reporter, Head of Benzinga Newsdesk

Ryan Faloona Reach out to Ryan at [email protected]

Director of Customer Success

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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.



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