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Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Apr. 13, 2021: ZM, AGC, EQOS, WKHS, BTN


Benzinga | Apr 13, 2021 08:40AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Apr. 13, 2021: ZM, AGC, EQOS, WKHS, BTN

Today's 5 Stock Ideas:

* Zoom Video Communications (ZM) - The stock market was impacted Tuesday morning by news the FDA put a pause on administering the Johnson & Johnson (JNJ) COVID-19 vaccine amid a concern about blood clots. While thromboembolic events have been reported with COVID-19 vaccines, J&J said, at present, there is no clear causal relationships between blood clotting and its vaccine. Shares of Pfizer (PFE) and Moderna (MRNA), with their competing COVID-19 vaccines, were higher Tuesday morning. Other COVID-sensitive stocks, like airlines and cruises, moved lower.

* Altimeter Growth (AGC) - Shares of this special purpose acquisition corp (SPAC) were up about 4% Tuesday morning following news it will combine with ride-share app, Grab.

* Diginex (EQOS) - Company CEO, Richard Byworth, will appear on Benzinga's "Power Hour" YouTube show at 12 p.m. EDT Tuesday.

* Workhorse (WKHS) - ARK Invest's Cathie Wood purchased another $1.7 million in the stock on Monday. This was Cathie's first time buying the stock in April; in March, she bought the stock on three days.

* Ballantyne Strong (BTN) - A play on a conglomerate with exposure to forestry and paper. The stock closed up about 16% on Monday following news GreenFirst purchased about $200 million in forest and paper products assets from Rayonier (RYAM). Ballantyne owns about a 7 million share stake in GreenFirst.







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