Benzinga | Oct 2, 2020 08:24AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Friday, Oct. 2, 2020: CCL, PAYX, MNST, HYLN, ASPN

Today's 5 Stock Ideas:

* Carnival Corp (CCL) - Shares fell more than 5% Thursday amid reports Carnival is cancelling all cruises from US homeports outside of Florida for November and December. Peers Royal Caribbean (RCL) and Norwegian Cruise (NCLH) also moved lower on the report.

* Paychex (PAYX) - Will report Q1 earnings premarket Tuesday. Analysts expect EPS of $0.55 on revenue of $893.6 million.

* Monster Beverage (MNST) - Trader Marc Chaikin, on Benzinga's PreMarket Prep show Thursday, said, "If I was gonna buy one stock in that [consumer staples] group, it would be Monster. And by the way, I'm long Monster"

* Hyliion (HYLN) - Announced the closing of its merger with Tortoise Acquisition Corp (SHLL) on Thursday. The stock will begin trading under ticker "HYLN" Friday.

* Aspen Aerogels (ASPN) - Shares rallied 6% Thursday following trader circulation of a World Intellectual Property Organization document showing a patent for the company's "carbon aerogel-based cathodes for lithium-sulfur batteries." The stock was down nearly 9% in Friday's pre-market session.