Benzinga | Dec 17, 2020 08:34AM EST

Benzinga Pro's Top 5 Stocks To Watch For Thursday, Dec. 17, 2020: NKE, ROKU, DKNG, CHWY, OCG

Today's 5 Stock Ideas:

* NIKE (NKE) - Will report Q2 earnings on Friday after market close. On Wednesday, CNBC's Jim Cramer told viewers he likes the stock and sees it as a play on China.

* Roku (ROKU) - Shares were up 6% following late-Wednesday news HBO Max will launch on Roku devices Thursday.

* DraftKings (DKNG) - Research shop Rosenblatt Securities on Thursday highlighted the belief of a higher probability of legalizing online sports betting in the state of New York. The firm cited recent commentary by New York Senator Joseph Addabbo and Governor Andrew Cuomo.

* Chewy (CHWY) - Analysts at Needham called Chewy their top pick for 2021. The analysts said, "We believe CHWY has built a durable and scalable model that should benefit from secular trends towards digital, wallet share gains, and total addressable market expansion."

* Oriental Culture Holding (OCG) - Today's momentum stock du jour. Following the company's IPO on Tuesday, shares were up more than 200% ahead of Thursday's open. The Benzinga newsdesk did not see any news to justify the sharp move higher.