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Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Sept. 16, 2020: XRT, KODK, MASI, OSTK, AMWL

Benzinga Real-time News ·  Sep 16, 2020 19:53

Today's 5 Stock Ideas: 

  • SPDR S&P Retail ETF (XRT) - Watch this retail-focused ETF today amid retail sales data at 8:30 a.m. EDT. 
  • Eastman Kodak (KODK) - One of the biggest winners from Wednesday morning, the company announced a special committee that reviewed conduct related to its deal with the US government found the company did not violate any laws. Shares were up nearly 45% ahead of the opening bell.
  • Masimo (MASI) - Shares fell about 1% Tuesday afternoon as Apple (AAPL) announced its newest series Watch will include real-time blood oxygen level monitoring. Traders viewed this as a competitor to Masimo's MightSat Pulse Oximeter.
  • Overstock.com (OSTK) - An analyst at Wedbush initiated coverage on Overstock with an Outperform rating and $92 price target. The new price target represented potential price appreciation of about 24%.
  • American Well Corp. (AMWL) - An IPO expected to open for trade on Thursday. American Well is a telehealth company that reported about $200 million in sales over the last year.
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