Benzinga Daily Stocks To Watch

Stocks To Gauge US Consumer $F $COST $LULU $SOFI $BEAT


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Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.

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Brent Slava Reach out to Brent at [email protected]

Sr. Reporter, Head of Benzinga Newsdesk

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  • Ford (F) - A way to play the Biden administration's recent bill to create more incentives for electric vehicle charging infrastructure. In a research note Wednesday, Wedbush analyst Dan Ives said, "A nationwide charging network is a key missing piece in the puzzle around longer-term [electric vehicle] initiatives within the U.S. for the Detroit 3."
  • Costco (COST) - A company and stock which can be used to gauge the health of the US consumer. Costco will report quarterly results on Thursday of next week.
  • lululemon athletica (LULU) - A play on a recent bearish call by an analyst. In a note Wednesday, a Jefferies analyst reportedly classified lululemon's last-quarter performance as potentially "peak." The analyst reiterated the equivalent of a sell rating on lululemon shares.
  • SoFi Technologies (SOFI) - A way to gain exposure to a potential boom related to student debt being refinanced. A B Of A analyst on Wednesday upgraded SoFi shares related to the student debt refinancing thesis.
  • Heartbeam (BEAT) - A penny-stock, low-float, momentum play of the day. Shares were up more than 50% following news the company was granted a patent for an electrocardiogram patch monitor intended for detection of heart attacks and complex cardiac arrhythmias.

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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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