Benzinga | May 20, 2021 08:44AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Thursday, May 20, 2021: TSLA, SPCE, CUTR, FLYW, BEEM

Today's 5 Stock Ideas

* Tesla (TSLA) - ARK Invest's Cathie Wood purchased another 69,000 shares of Tesla on Wednesday, worth about $39 million.

* Virgin Galactic (SPCE) - Shares were up 20+% Thursday morning following news the company confirmed an upcoming test flight of the VSS Unity rocket in May.

* Cutera (CUTR) - Company director, Daniel Plants, on Monday of this week purchased over 650,000 shares at an average price of $29.50 per share

* Flywire (FLYW) - An IPO for next week, expected Wednesday. The company is a provider of a next-generation payments platform.

* Beam Global (BEEM) - A play on electric vehicle charging. On Thursday the company announced California's Department of General Services ordered 52 Beam Global electric vehicle solar-powered charging stations.