Benzinga Pro’s Top 5 Stocks To Watch For Wednesday, Oct. 28, 2020: TWTR, GM, DFS, SHOP, THC

Today's 5 Stock Ideas (Sympathy-Play Edition): 

  • Twitter (TWTR) – Ahead of Thursday afternoon earnings out of Twitter, investors could see volatility Wednesday as peer in the online space, Pinterest (PINS), will report earnings after the close Wednesday.
  • General Motors (GM) – GM is the only member of the Big Three automakers which will not be reporting earnings Wednesday. The company will publish quarterly results on Thursday, Nov. 5.
  • Discover Financial Services (DFS) – A sympathy play on rivals Mastercard (MA) and Visa (V), which will both report earnings Wednesday. 
  • Shopify (SHOP) – A play on e-commerce as consumers brace for the potential impact of a fall/winter wave of the COVID-19 pandemic. Shopify could see sympathy movement amid earnings out of peer eBay (EBAY) after market close Wednesday. 
  • Tenet Healthcare (THC) – One of the nation’s largest hospital operators, Tenet could see movement after peer Molina Healthcare (MOH) will report earnings after close Wednesday. 

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October 28, 2020 • 12:00 pm
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