Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Tues., May 12, 2020: GIS, DKNG, ABT, GO, COUP


Today's 5 Stock Ideas: 

  • General Mills (GIS) - A play on raised guidance. The company is expected to report Q4 results near the end of June. Kellogg (K) reported Q1 results on April 30 and reaffirmed its guidance.
  • DraftKings (DKNG) - A new pick by hedge fund manager George Soros. A Bloomberg report suggested the investor now has a $66 million stake in the company.
  • Abbott (ABT) - A play on coronavirus antibody testing. The company received FDA Emergency Use Authorization for testing on its Alinity iSystem Monday.
  • Grocery Outlet (GO) - A play on grocery. The company said same-store sales were up 17% during Q1. Grocery Outlet opened eight new stores last quarter and has plans to open another 30 stores for the remainder of 2020.
  • Coupa Software (COUP) - A play on a software stock at an all-time high. 

Related Articles (GIS + K)

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Posted-In: Pre-Market Outlook