Benzinga | Nov 5, 2020 08:32AM EST

Benzinga Pro's Top 4 Stocks To Watch For Thursday, Nov. 5, 2020: LIT, NLS, IVZ, STNE

Today's 4 Stock Ideas:

* Global X Lithium & Battery Tech ETF (LIT) - A play on General Motor's (GM) announcement Thursday morning more than 40% of its new models in China over the next 5 years will be new energy vehicles.

* Nautilus (NLS) - A sympathy play on Peloton (PTON), which will report earnings after close Thursday.

* Invesco (IVZ) - A new idea by hedge fund manager Nelson Peltz. On Thursday morning, a 13D filing from Peltz's Trian Fund showed a new 9.9% active stake in the company.

* StoneCo (STNE) - A payment processor and sympathy play on rival Square (SQ), which reports earnings after close Thursday.