Benzinga Daily Stocks To Watch

Top Stocks To Watch & Low-Foat Momentum Play Of The Day -Daily Stocks To Watch May 3, 2022


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

Steve and Brent focus on earnings today:

  • STX -
  • MT - WOR
  • SSYS - other 3D printing stocks: DDD VJET ONVO MTLS
  • SSYS Press Release here


Today's 5 Stock Ideas:

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 3, 2022: STX, MT, SSYS, BLTS, INOD

BZ Wire

Today's 5 Stock Ideas:

  • Seagate Technologies (STX) - A play on the computer memory space. Shares of peer in the memory group, Western Digital (WDC), were up 10% following a call from shareholder Elliott Investment Mgmt. for Western Digital to separate its Flash unit. Seagate and the other main peer in the group, Micron (MU), were indicated higher in pre-market action following the Western Digital news.
  • ArcelorMittal (MT) - A major European player in the steel sector. A report Tuesday morning suggested the Russian army attacked a large steel and iron plant in the Ukrainian city of Mariupol.
  • Stratasys (SSYS) - A play on 3D printing. The company unveiled Monday "the industry's first 3D printer designed specifically for printing direct-to-textile" for the fashion and apparel design industry.
  • Bright Light Acquisition Corp. IV (BLTS) - A play on the special purpose acquisition corporation (SPAC) merger partner for male grooming and hygiene company, MANSCAPED.
  • Innodata (INOD) - A low-float momentum play over the last several weeks. On Monday, shares moved over a minor resistance level at $7.50 and continued higher to close above the $8 level. The stock was up another couple percent Tuesday morning. The issue has around 25 million shares in its float.

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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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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