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Today's 5 Stock Ideas:
Petrobras (PBR) - Brazil's state-run oil company. The company's stock currently has one of the highest dividend yields. Last quarter, the company paid about a $1.20/share dividend for a stock that trades around $14.
Draganfly (DPRO) - A play on drones. This Canadian company describes itself as "engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software."
Direxion Technology Bear 3X Shares (TECS) - An exchange-traded fund (ETF) play on continued downside in tech stocks. This ETF is known as a leveraged ETF, meaning exposure to the space is tripled. More reward but more risk. To see a list of all of Direxion's leveraged ETFs, click here.
Enviva (EVA) - A play on a recent insider buy. Company director John Bumgarner purchased nearly $1 million in Enviva stock earlier this week. Enviva is a producer of sustainable wood pellets used in the energy sector. This insider transaction info was found using Benzinga Pro's Insiders tool.
Latham Group (SWIM) - A play on summer in North America. The company is "a designer, manufacturer, and marketer of in-ground residential swimming pools."
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."
