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Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Feb. 17, 2021: VZ, PLTR, DASH, LODE, EBON


Benzinga | Feb 17, 2021 08:44AM EST

Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Feb. 17, 2021: VZ, PLTR, DASH, LODE, EBON

Today's 5 Stock Ideas:

* Verizon (VZ) - Shares were up 4% ahead of the open following news Warren Buffett's Berkshire Hathaway took a new 146.7 million share stake in Verizon.

* Palantir Technologies (PLTR) - Cathie Wood of ARK Invest purchased about 1.5 million shares in Palantir on Tuesday, or about a $42 million purchase. One of her last purchases in the stock was on Jan. 14, when she purchased about 500,000 shares, or about $12.5 million in market value.

* DoorDash (DASH) - Hedge funds Tiger Global and Third Point (run by manager Dan Loeb) showed new stakes in DoorDash as of last quarter, which ended Dec. 31, 2020.

* Comstock Mining (LODE) - Wednesday morning's big winner, up about 260%. The price action followed news the company secured a majority interest in a lithium-ion battery recycling company. Comstock plans to process 10,000 tons of lithium-ion per year into 99.9% pure lithium-ion cathodes for clean energy usage.

* Ebang (EBON) - The stock was up about 20% in pre-market action following a company press release that highlighted the launch of its bitcoin mining business.







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