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Benzinga pro's top 5 stocks to watch for Friday, May 13, 2022

Benzinga Real-time News ·  May 13, 2022 10:26  · Markets

Today's 5 Stock Ideas:

  • $Twitter(TWTR.US)$ -  A tweet from Elon Musk that said early Friday his deal for Twitter was "temporarily on hold, A couple hours later, Musk tweeted again and said he was still committed to the deal. While Twitter shares rebounded to over the $40 level following the second tweet, the stock is now down about 9.98% during the market trading session.

  • $OTR Acquisition Corp(OTRA.US)$ - A special purpose acquisition corporation (SPAC) redemption play for Friday and likely next week. A tweet highlighted "shareholders approved Comera Life Sciences deal, 10.3 million shares (98.4%) redeemed, leaving only 168k shares remaining." Benzinga writer and SPAC expert, Chris Katje, said the approved vote led to "one of the biggest redemptions ever."

  • $American Eagle(AEO.US)$ - A retailer with a decent dividend yield. The company's current $0.18/share quarter dividend yields about 3.5%.

  • $Easterly Government Properties Inc(DEA.US)$ - A play on a property owner for US government buildings (such as the Federal Bureau of Investigation, Drug Enforcement Agency and Central Intelligence Agency). CNBC "Fast Money: Halftime Report" contributor and Gilman Hill manager Jenny Harrington on Thursday highlighted this stock as a play on a higher interest rate market.

  • $AIkido Pharma(AIKI.US)$ - On Thursday, the company announced it secured an interest in data and AI company, Databricks.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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