Benzinga | Aug 31, 2021 08:52AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Aug. 31, 2021: HOOD, GSAT, BBIG, PYPL, FNKO

Today's 5 Stock Ideas:

* Robinhood (HOOD) - Shares closed down 7% on Monday and continued lower Tuesday. A report from Dow Jones suggested SEC Chair Gary Gensler indicated banning payment for order flow was "on the table." A recent Motley Fool article noted payment for order flow now contributes to about 80% of Robinhood's total sales.

* Globalstar (GSAT) - Shares of this satellite services company were sensitive Monday and Tuesday amid a report Apple (AAPL) will add satellite capabilities to iPhones for usage in emergencies.

* Vinco Ventures (BBIG) - The most-searched ticker on Benzinga Pro over the last 24 hours.

* PayPal (PYPL) - Likely adding to downside in Robinhood shares Monday, a Monday report suggested PayPal is considering a stock trading platform for users. PayPal shares closed Monday's session up 3.6% on the report.

* Funko (FNKO) - The stock was up 5% Tuesday morning amid an upgrade to Buy by an analyst at Jefferies. The analyst set a $25 price target on Funko shares.