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.