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Today's 5 Stock Ideas:
Twitter (TWTR) - Shares were up ~6% near the $49 level following news Elon Musk made an offer to buy all of the company at $54.20 per share in cash. Analysts were mixed on the news; a Wedbush analyst, Dan Ives, was optimistic the offer would be accepted while another analyst voiced concern about Elon Musk walking away from the company if his offer was rejected.
Li Auto (LI) - A potential sympathy play following a report the CEO of peer in the Chinese electric vehicle space, XPeng (XPEV), warned all Chinese vehicle factories may have to stop production in May if supply chain disruption continues.
Safe-T Group (SFET) - A play on cybersecurity. Stocks in the group were on watch Wednesday following reports U.S. officials said advanced hackers have shown the ability to hijack multiple industrial control systems.
NanoViricides (NNVC) - A play on current fears related to bird flu contagion.
Kaleido Biosciences (KLDO) - One of Thursday morning's biggest winners. The company is a low-float penny-stock play. Shares closed up 75% on Wednesday and were up another 30% Thursday morning.
Benzinga programming note: we've started a podcast for the Stocks To Watch alert! Click here to see all the episodes.
Hosted by the Benzinga Pro newsdesk's Brent Slava and Steve Krause, the podcast will give more in-depth information on the ideas presented in the daily Stocks To Watch alert!
Listeners can find the podcast on Spotify and Apple by searching "Benzinga Stocks To Watch."
