Market Overview

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

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Today's 5 Stock Ideas: 

  • 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.
 

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Posted-In: Pre-Market Outlook