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Benzinga Pro's Top 5 Stock Ideas For Friday, Sept. 4, 2020: KCAC, DPW, WORK, SDC, PLUG


Benzinga | Sep 4, 2020 08:05AM EDT

Benzinga Pro's Top 5 Stock Ideas For Friday, Sept. 4, 2020: KCAC, DPW, WORK, SDC, PLUG

Today's 5 Stock Ideas:

* Kensington Capital Acquisition Corp. (KCAC) - One of Thursday afternoon's most-discussed stocks. This blank check company has support from Bill Gates and Volkswagen and will be merging with Quantumscape, an electric vehicle battery maker. Shares closed up 87% on Thursday and were up another 18% Friday morning.

* DPW Holdings (DPW) - Shares were up 41% in pre-market trade following news the company's Coolisys unit will partner to test an electric vehicle charger product line. Note this is a low-float play which has previously seen extreme momentum up then back down.

* Slack Technologies (WORK) - Will report quarterly results after the close on Tuesday.

* SmileDirectClub (SDC) - Shares closed up nearly 5% on Thursday despite a sharp sell off in the broader stock market. The stock traded around the $10 level in pre-market action Friday.

* Plug Power (PLUG) - D.E. Shaw reported a 5% passive stake in the company late Thursday. Shares were up 4% Friday morning.







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