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Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Nov. 10, 2020: TMO, TXT, LYFT, AMC, SNDL


Benzinga | Nov 10, 2020 08:38AM EST

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Nov. 10, 2020: TMO, TXT, LYFT, AMC, SNDL

Today's 5 Stock Ideas:

* Thermo Fisher Scientific (TMO) - A play on cold storage of COVID-19 vaccines. A report Monday suggested Pfizer (PFE) and BioNTech's (BNTX) COVID-19 vaccine needs to be stored and transported at -94 degrees Fahrenheit. Thermo Fisher manufactures "high-performance refrigerators and freezers designed for temperature-sensitive material such as vaccines."

* Textron (TXT) - The stock was up about 10% Monday following circulation of a questionable-looking website that alleged a takeover offer for Textron. The LinkedIn page for the company in question, Xcalibur Aerospace, showed it had three employees. Textron later issued a press release that said the company believed the offer to be fictitious. Despite the refutation from Textron, shares did not sell off throughout Monday's afternoon session.

* Lyft (LYFT) - Will report earnings after the close Tuesday.

* AMC Entertainment (AMC) - Following a successful four-week beta test, AMC announced Tuesday it will launch private movie theatre rentals for up to 20 people.

* Sundial Growers (SNDL) - A penny-stock play on edibles within the cannabis market. Shares rallied more than 80% on Monday following news of a distribution deal with edible maker, Choklat.







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