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 and Brent focus on:

• CHWY analyst sentiment following report
• analyst estimates on LULU
• ADC local metro Detroit real estate company. ~11% upside to BofA analysts's $78 price target

Benzinga Pro's Top 5 Stocks To Watch For Thursday, Jun. 2, 2022: CHWY, MAT, LULU, ADC, CTO

BZ WireToday's 5 Stock Ideas:

• Chewy (CHWY) - Shares were up nearly 20% Thursday morning following better-than-expected Q1 sales. The stock was a top-trending mention on Reddit's WallStreetBets.
• Mattel (MAT) - The stock was the target of speculation from trading alert service Dealreporter on Wednesday. Dealreporter highlighted takeover speculation in the name. Shares were relatively quiet amid the report. This is one of the oldest Wall Street pieces of chatter; takeover speculation has surrounded Mattel since at least 2014.
• lululemon athletica (LULU) - The company will report Q1 results after market close Thursday. The issue popped up as a top-mentioned stock on Swaggy Stocks' WallStreetBets tracker on Wednesday.
• Agree Realty (ADC) - An analyst at Bank Of America upgraded the stock to Buy Thursday morning.
• CTO Realty (CTO) - A play on an upcoming dividend payment. The company's 7% dividend yield will have an ex-dividend date of Wednesday, June 8.

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

pro.benzinga.com

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