Benzinga Pro's Top 5 Stocks To Watch For Friday, April 28, 2023: COST, SOFI, COIN, NET, BIVI

  • Costco Wholesale (COST) - The company will report monthly sales results for April on Wednesday of next week. This has been a news catalyst for Costco over the last few years -- albeit a modest one.

  • SoFi Technologies (SOFI) - Will report quarterly results on Monday before market open. A trader in Benzinga Pro's lounge chat on Friday morning highlighted a trading idea in the stock based on a favorable chart set up. The trader suggested SoFi was the "only regional that has remained strong through this mess." Tune into Benzinga's Stocks To Watch podcast around market open on Twitter to hear some elaboration and discussion on the intriguing point the trader in the Benzinga Pro community made.

  • Coinbase (COIN) - Will report earnings on Thursday after market close. Analysts currently expect Coinbase to report a loss of $1.36 per share on sales of $650 million.

  • Cloudflare (NET) - One of Friday morning's biggest losers. Shares of this software company were down more than 20% following mixed quarterly results and guidance.

  • BioVie (BIVI) - A play on an upcoming FDA-related news catalyst. The company is expected to issue results from a Phase 2 trial for its Parkinson's drug candidate later on Friday. A company-issued press release suggested the presentation would happen after 8 p.m. EDT.

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