Benzinga | Dec 24, 2020 08:24AM EST

Benzinga Pro's Top 5 Stocks To Watch For Thursday, Dec. 24, 2020: SPNGU, WDAY, QS, FCEL, LAZR

Today's 5 Stock Ideas:

* Spinning Eagle Acquisition (SPNGU) - A play on the same group of investors who brought DraftKings (DKNG) to market via special purpose acquisition corporation (SPAC). Spinning Eagle's S-1 filing was issued Wednesday evening.

* Workday (WDAY) - A top holding by ARK Invest's Cathie Wood. On Tuesday, ARK purchased more than $5 million in Workday shares.

* QuantumScape (QS) - One of the most-discussed stocks in Benzinga Pro's chat community. Shares have rallied about 200% since the start of December. The company is a provider of lithium-metal batteries for electric vehicles.

* FuelCell Energy (FCEL) - Trader Jon Najarian, on Tuesday's "Fast Money: Halftime Report," said he was holding the Jan. $13 calls in FuelCell. Najarian said he would be holding the calls for about another three weeks.

* Luminar Technologies (LAZR) - Shares were down about 3% Thursday morning following a 181 million share common stock offering registration Wednesday evening.