Benzinga Daily Stocks To Watch

Chinese And Solar Sympathy Plays - Daily Stocks To Watch June 6, 2022


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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.

Today Steve, Brent, and Ryan focus on:

  • BABA - other top movers in China space: YMM, BZ, GOTU, YI, DAO
  • RUN - other solar stocks: FSLR SPWR CSIQ SEDG NOVA
  • LMNR - other citrus/avocado plays: CVGW


Today's 5 Stock Ideas: SBUX BABA DIDI RUN NVAX

  • Starbucks (SBUX) - The stock was up 2% Monday morning following news the company's Board is considering external candidates to fill the CEO role.
  • Alibaba (BABA) - Shares of many US-traded China-based stocks were higher Monday morning following news Chinese regulators were set to clear their investigation of DiDi Global's (DIDI) cybersecurity. A Wall Street Journal report suggested Chinese officials will lift a ban on DiDi Global new users amid the conclusion of probes.
  • Sunrun (RUN) - Solar stocks traded higher following news US President Biden will allow imports of solar panels from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs for 24 months.
  • Novavax (NVAX) - A play on an upcoming FDA date. An FDA panel will meet on Tuesday, Jun. 7 to discuss the company's Emergency Use Authorization request for its COVID-19 vaccine.
  • Limoneira (LMNR) - A play on citrus fruit and avocados. The company describes itself as an agribusiness company with segments including Fresh Lemons, Lemon Packing, Avocados and Other Agribusiness. The company will report quarterly results on Tuesday after market close.


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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