Benzinga Pro's Top 5 Stocks To Watch For Tues., Apr. 14, 2020: GRUB, EWW, TUP, APPN, WIX

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Today's 5 Stock Ideas: 

  • Grubhub (GRUB) - A play on the space which has been one of the largest beneficiaries to the change in consumers' eating habits amid the coronavirus pandemic. Shares were down 12% on Monday despite news the company reported better-than-expected Q1 sales.
  • iShares MSCI Mexico ETF (EWW) - A play on a concerning government reaction to the coronavirus outbreak. On Monday, UBS economists called Mexico's policy response to the virus "among the weakest anywhere in the world."
  • Tupperware Brands (TUP) - The company Monday reported it had $123 million in cash at the end of 2019. Tupperware said it believes it has enough cash to fund near-term operations.
  • Appian (APPN) -  A play on "very defensible" subscription revenue stream and exposure to the automation space, according to William Blair analyst Bhavan Suri.
  • Wix.com (WIX) - Another play on subscription-based software. The company said Monday 95% of its total sales were from subscriptions and had $900 million in cash on its balance sheet.
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Posted In: Pre-Market Outlook
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