Benzinga | Jan 5, 2021 08:20AM EST

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Jan. 5, 2021: MU, KTOS, NAKD, TRIB, CHEK

Today's 5 Stock Ideas:

* Micron (MU) - Will report Q1 earnings after market close on Thursday. Ahead of the report, a Citi analyst upgraded Micron shares to Buy and raised the firm's price target to $100. The new price target represented about 30% upside from where the stock was trading Tuesday morning.

* Kratos Defense & Security Solutions (KTOS) - Cathie Wood of ARK Invest purchased shares on Monday. The stock was up about 9% Tuesday morning.

* Naked Brand Group (NAKD) - A penny stock play. The issue was one of Monday's most-discussed stocks in the Benzinga Pro chat. The company is a New Zealand-based distributor of men's and women's intimate apparel.

* Trinity Biotech (TRIB) - Reported its COVID-19 antibody test was approved for CE Mark designation in Europe. Shares were up 16% in pre-market action.

* Check-Cap (CHEK) - A momentum play from Monday that continued higher Tuesday. The stock closed up more than 200% on Monday and was up another 30% to near the $2 level Tuesday.