Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Fri., Apr. 17, 2020: GILD, NOK, INVH, THMO, LOGM

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Today's 5 Stock Ideas: 

  • Gilead (GILD) - Optimistic sentiment on the company's anti-viral COVID-19 treatment, remdesivir, is one of the top reasons the stock market is trading sharply higher Friday morning. Some are downplaying the optimism; former FDA commissioner Scott Gottlieb said early remdesivr data is "not a slam dunk by any means."
  • Nokia (NOK) - Questionable takeover chatter related to Nokia had shares up about 11% from lows Thursday.
  • Invitation Homes (INVH) - Hedge fund manager Jim Chanos of Kynikos said Thursday he is short the stock.
  • ThermoGenesis (THMO) - A play on coronavirus antibody fast detection testing.
  • LogMeIn (LOGM) - A play on virtualization of face-to-face tech support.
 

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Posted-In: Jim Chanos Kynikos CapitalShort Sellers Pre-Market Outlook