Benzinga Daily Stocks To Watch

Low-Float Momentum-Du-Jour Play - Daily Stocks To Watch April 21, 2022


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


Today's 5 Stock Ideas:

CMG, GGR, PARA, RDBX, APT

Today's 5 Stock Ideas:

  • Chipotle Mexican Grill (CMG) - An upcoming earnings play. This provider of fast-casual Mexican food will report on Tuesday after market close. Chipotle shares were up 25% since the end of February.
  • Gogoro (GGR) - A play on electric scooters in Taiwan. Company founder and CEO, Horace Luke, will interview on Benzinga's "Benzinga Live" YouTube show Friday at 11:45 a.m. EDT.
  • Paramount Global (PARA) - A play on online streaming. The company was formerly ViacomCBS. Shares were down 8% on Wednesday amid weakness in the streaming space following Netflix's (NFLX) concerning Q1 results and Q2 guidance.
  • Redbox Entertainment (RDBX) - Wednesday's low-float momentum-du-jour play. Shares closed up nearly 25% Wednesday; the stock added another 13% in Thursday's pre-market session. Benzinga Pro's Details tool shows Redbox has about 10 million shares in its float. The Benzinga newsdesk team did not see news to justify the move higher Wednesday.
  • Alpha Pro Tech (APT) - A play on developments related to facemasks/face coverings. While shares of Alpha Pro Tech have previously been sensitive to news on facemask mandates around the US and globally, the stock seems to have decoupled from this trend. When investors have heard news related to mask mandates over the last few weeks, shares of Alpha Pro Tech have not been impacted.


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

pro.benzinga.com

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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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