Benzinga Daily Stocks To Watch

What Stocks Do Newsdesks Watch Trading Through A War - February 24, 2022


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

Benzinga Pro's Top 5 Stocks To Watch For Thursday, Feb. 24, 2022: VGK, BIDU, TRKA, HYPR, HUSA

Today's 5 Stock Ideas:

  • Vanguard FTSE Europe ETF (VGK) - An exchange-traded fund (ETF) play on the aggression by Russia into the Ukraine. Similar to the VanEck Russia ETF (RSX), this ETF is an effective way for traders to play developments in eastern Europe and Russia.
  • Baidu (BIDU) - A sympathy play following quarterly results out of another Chinese mega-cap company, Alibaba (BABA). Sympathy plays are known to move in correlation. While Alibaba shares were down about 5% with the broader market, Baidu shares were down about 3% on light volume.
  • Troika Media Group (TRKA) - News from the company out exclusively on Benzinga Pro earlier this morning. Troika reported the purchase of Converge Direct LLC for $125 million. To see other market-moving exclusive headlines from the Benzinga Pro team of breaking-news reporters, filter your Benzinga Pro Newsfeed by the "Market-Moving Exclusives" news category.
  • Hyperfine (HYPR) - A play on magnetic resonance imaging (MRI) technology. Shares of this low-volume stock spiked higher Wednesday as traders viewed the stock as a play following reports of a mention by Facebook/Meta's Mark Zuckerberg of MRI imaging technology related to the metaverse.
  • Houston American Energy (HUSA) - A play on extreme momentum in low market cap energy/petroleum companies. Other stocks trading in this group include Indonesia Energy (INDO), Imperial Petroleum (IMPP) and Camber Energy (CEI).


Hosts:

Steve Krause

Sr. Reporter Benzinga Newsdesk

Brent Slava

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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