Benzinga | Feb 2, 2021 08:18AM EST

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Feb. 2, 2021: CCIV, SNDL, CGNT, JWSMU, FORD

Today's 5 Stock Ideas:

* Churchill Capital (CCIV) - One of the most-discussed stocks in the Benzinga Pro chat Monday evening. The stock had rallied as much as 19% by Tuesday morning -- seemingly on no news. This special purchase acquisition corporation (SPAC) has been rumored to merge with electric vehicle company Lucid Motors.

* Sundial Growers (SNDL) - The company announced a $74.5 million offering of shares and warrants. Shares were down about 14% ahead of the opening bell.

* Cognyte Software (CGNT) - Will begin trading Tuesday after being spun off from Verint (VRNT). Cognyte is a security analytics software provider.

* Jaws Mustang Acquisition Corp. (JWSMU) - A SPAC IPO expected for Tuesday morning. This is the third SPAC company from Starwood Capital's Barry Sternlicht.

* Forward Air Industries (FORD) - In a seeming case of mistaken identity, shares of Forward Air, ticker "FORD," spiked sharply higher following a mid-day press release from auto manufacturer Ford (F). Ford announced it will accelerate development of its connected vehicle experience with Google (GOOGL). Shares of Forward Air closed up nearly 25% on Monday.