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Benzinga pro's top 5 stocks to watch for Thursday, May 12, 2022

Benzinga Real-time News ·  May 12, 2022 11:12  · Markets

Today's 5 Stock Ideas:

  • $Petroleo Brasileiro SA Petrobras(PBR.US)$ - Brazil's state-run oil company. The company's stock currently has one of the highest dividend yields. Last quarter, the company paid about a $1.20/share dividend for a stock that trades around $14.

  • $Draganfly(DPRO.US)$ - A play on drones. This Canadian company describes itself as "engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software."

  • $Direxion Daily Technology Bear 3X Shares ETF(TECS.US)$ - An exchange-traded fund (ETF) play on continued downside in tech stocks. This ETF is known as a leveraged ETF, meaning exposure to the space is tripled. More reward but more risk. To see a list of all of Direxion's leveraged ETFs, click here.

  • $Enviva(EVA.US)$ - A play on a recent insider buy. Company director John Bumgarner purchased nearly $1 million in Enviva stock earlier this week. Enviva is a producer of sustainable wood pellets used in the energy sector. This insider transaction info was found using Benzinga Pro's Insiders tool.

  • $Latham Group(SWIM.US)$ - A play on summer in North America. The company is "a designer, manufacturer, and marketer of in-ground residential swimming pools."

Hosted by the Benzinga Pro newsdesk's Brent Slava and Steve Krause

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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