Benzinga Pro's Top 5 Stocks To Watch For Thurs., Apr. 23, 2020: TGT, MAR, ZM, GOOD, BECN


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Today's 5 Stock Ideas: 

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  • Target (TGT) - A play on the US economy reopening. Despite news Thursday morning Target's quarter-to-date same-store sales were up 7% year over year, the stock was down 4% in pre-open action. An expectation for Q1 operating margin to be down 5% likely weighed.
  • Marriott (MAR) - A play on resiliency in the hospitality space. Despite a concerning outlook for the hotel space, Marriott shares, over the last three months, have fallen only about 27% further than the broader stock market.
  • Zoom Video Communications (ZM) - A play on increased security for its video conferencing platform. Shares were up about 5% on Wednesday after the company launched a new version of its platform with increased security measures.
  • Gladstone Commercial (GOOD) - A real estate operator which has kept most of its occupants during the coronavirus pandemic. The company reported portfolio occupancy as of Mar. 31 remained at 97%.
  • Beacon Roofing Supply (BECN) - A play on better-than-expected Q2 sales. The company said it sees Q2 net sales about $1.46 billion vs an analyst estimate of $1.43 billion.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Pre-Market Outlook