Benzinga | Oct 30, 2020 08:36AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Friday, Oct. 30, 2020: IIPR, LU, GDRX, W, EXP

Today's 5 Stock Ideas:

* Innovative Industrial Properties (IIPR) - A play on Tuesday's state-level cannabis legalization referenda. The company is a REIT which maintains and leases cannabis growing and processing facilities.

* Lufax Holding (LU) - An upcoming IPO Friday morning. The company is "a leading technology-empowered personal financial services platform in China." Shares priced at $13.50 per ADS.

* GoodRx (GDRX) - Could be viewed as a sympathy play following news Walmart's (WMT) Sam's Club will partner with DoorDash for same-day pharmaceutical deliveries. GoodRx is a platform for drug price comparing and mail-order pharmacies.

* Wayfair (W) - D.A. Davidson analyst, Tom Forte, on Thursday attributed weakness in the stock to a sympathy move given weakness in Overstock.com (OSTK) shares. The analyst told Benzinga "we are witnessing a sector rotation out of e-commerce" and into advertising.

* Eagle Materials (EXP) - A play on construction materials for housing. Peer in the space, Boise Cascade (BCC), which will report earnings after close Friday.