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Benzinga Pro's Stock To Watch For Mon., Mar. 23, 2020: GEVO

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Benzinga Pro's Stocks To Watch For Monday

  • Gevo, Inc. (GEVO) - A provider of renewable chemicals and biofuels, Gevo engages in the research, development, and production of isobutanol, ethanol and other biocatalysts. While shares of this $0.80 stock were unaffected last week, another penny stock involved in production of alcohol-based renewable fuels, Pacific Ethanol (PEIX), was up 50% on Friday and was up another 10% Monday morning. Given the importance of simple disinfectants in fighting the spread of the coronavirus outbreak, traders last week were looking for tangential plays which could benefit from a shortage on disinfecting wipes. 
 

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