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Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Nov. 4, 2020: WIX, SQM, GNRX, GRWG, JD


Benzinga | Nov 4, 2020 08:42AM EST

Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Nov. 4, 2020: WIX, SQM, GNRX, GRWG, JD

Today's 5 Stock Ideas:

* Wix.com (WIX) - A play on small businesses increasing their online presences amid the fall/winter wave of COVID-19. Also a sympathy play on fellow website hosting company, GoDaddy (GDDY), which will report earnings after close Wednesday.

* Sociedad Quimica y Minera (SQM) - A lithium play on announcements of new electric vehicle offerings from General Motors (GM). A sympathy play on fellow lithium producer Albemarle (ALB), which will report earnings after close Wednesday.

* VanEck Vectors Generic Drugs ETF (GNRX) - A play on a more aggressive negotiating of drug prices following the US election.

* GrowGeneration Corp (GRWG) - A play on several states voting to legalize cannabis Tuesday.

* JD.com (JD) - Was recently recommended by Jim Cramer on CNBC, and provides a sympathy play to Alibaba (BABA), which will report earnings Thursday morning.







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