Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Fri., Feb. 21, 2020: PEP, SDGR, ZS, DPW, HPQ


Benzinga Pro's Stocks To Watch For Friday

  • Pepsi (PEP) - Pepsi shares were quiet Friday morning amid a warning from Coca-Cola (KO) related to the coronavirus outbreak. While Coke reaffirmed its FY20 guidance, it said it would see a $0.01-$0.02 EPS impact during Q1 related to the outbreak. Coke shares were down about 0.3% on the warning. At the end of Q3, Coca-Cola reported about 15% of its total sales came from the Asia-Pacific region; Pepsi's sales to the same region were about 4% of the company's total sales figure.
  • Schrodinger (SDGR) - Shares rallied more than 30% on Thursday following a bullish report from short seller Andrew Left of Citron Research. Left likened the company behind the Feb. 6-IPO to an "early-stage Tesla." The stock continued higher Friday morning, up another 7%. 
  • Zscaler (ZS) - The company reported a Q2 beat but gave Q3 EPS guidance which was below the analyst consensus estimate. Shares were down nearly 12% amid the guidance. Needham analyst Alex Henderson told investors to buy the dip following the report.
  • DPW Holdings (DPW) - The stock was up nearly 70% in pre-market action following news its Gresham Worldwide unit won a $1.4 million order from a leading defense & aerospace company.
  • HP Inc. (HPQ) - Will report quarterly results after the close on Mon., Feb. 24. On Thursday the company reported its Board adopted a shareholder rights plan that "should encourage Xerox (XRX) (or anyone else seeking to acquire the Company) to negotiate with the Board prior to attempting to impose some combination."

Related Articles (KO + PEP)

View Comments and Join the Discussion!

Posted-In: Andrew Left Citron ResearchShort Sellers Pre-Market Outlook