Benzinga | Jul 14, 2020 08:11AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Tues., Jul. 14, 2020: KBE, NFLX, RIGL, JNJ, CIDM

Today's 5 Stock Ideas:

* SPDR S&P Bank ETF (KBE) - This ETF will see heavier-than-normal interest Tuesday amid earnings out of JP Morgan (JPM), Citigroup (C) and Wells Fargo (WFC). Goldman Sachs (GS) will report Wednesday and Bank Of America (BAC) and Morgan Stanley (MS) will report Thursday morning. The ETF normally trades about 4 million units over the course of a single session.

* Netflix (NFLX) - Will report quarterly earnings on Thursday after market close. Analysts expect Q2 earnings per share of $1.81 on sales of $6.07 billion.

* Rigel Pharma (RIGL) - Shares closed up about 20% on Monday following circulation of a study on the company's fostamatinib as a candidate for rapid repurposing for acute lung injury during the COVID-19 pandemic. A press release Tuesday morning highlighted an investigator-sponsored trial of fostamatinib in patients with COVID-19 pneumonia. Shares were up another 13% Tuesday.

* Johnson & Johnson (JNJ) - To publish Q2 earnings before the market open on Thursday. Over the last three months, J&J shares have underperformed the S&P 500 by about 11%.

* Cinedigm (CIDM) - An operator of cinema equipment and servicer of digital cinema assets which has transitioned its business to content amid the COVID-19 outbreak. On Monday, the company reported its digital content sales for its streaming segment were up 34% on a year-over-year basis.