Benzinga | Jul 17, 2020 07:57AM EDT

Benzinga Pro's Top 5 Stocks To Watch: IBM, APDN, SPOT, THC, DKNG

Today's 5 Stock Ideas:

* IBM (IBM) - Will report quarterly earnings after market close on Monday, Jul. 20.

* Applied DNA Sciences (APDN) - Will be Friday morning's big winner. The company announced preclinical results from LineaDNA vaccine candidates for coronavirus showed evidence of production of antibodies, t cell responses in mice. The stock was up 70% in pre-market action.

* Spotify (SPOT) - Despite Spotify shares having doubled over the last two months, a SunTrust analyst came out Wednesday and raised his price target on the stock to $290. The new price target suggested 11% further upside in the stock.

* Tenet Healthcare (THC) - Shares closed up 7% Thursday on no news but some unusual option activity, highlighted on CNBC by options expert Jon Najarian.

* DraftKings (DKNG) - A momentum play. Shares have now rebounded notably after the stock fell 33% from the end of June to a low around $27. Shares are now back over the $30 level and recently broke above the top line of downtrend channel.