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Benzinga Pro's Top 5 Stocks To Watch For Tues., Jan. 7, 2020: TSLA, SQ, LEN, APOP, PIR

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Benzinga Pro's Stocks To Watch For Tuesday

  • Tesla (TSLA) - Tesla's Elon Musk hosted an event in Shanghai Monday evening. While the exec announced Tesla will manufacture its electric Model Y SUV in China, the focus of headlines Tuesday will likely be the silly dance Musk performed during the event. Shares were up about 1.3% to around the $457 level.
  • Square (SQ) - Shares were up nearly 3% Tuesday morning following a Bank Of America upgrade to Buy. Analyst Jason Kupferberg raised his price target on the stock from $70 to $75.
  • Lennar (LEN) - Will report quarterly results before the market opens Wednesday. Analysts expect quarterly earnings of $1.90/share on sales of $6.58 billion.
  • Cellect Biotech (APOP) - The stock was up nearly 170% in pre-market action following news the company received "intention to grant" patents from the European and Israeli patent offices. 
  • Pier 1 Imports (PIR) - The company announced concerning Q3 results and a cost-reduction initiative which, among other things, will cut its store count by about 450 locations. Shares were down about 13% on the news.
 

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Posted-In: Pre-Market Outlook