4 Stocks To Watch, According To Benzinga's Jason Raznick
Portfolio Pulse from Adam Eckert
Jason Raznick, CEO of Benzinga, discussed four stocks on Benzinga's 'PreMarket Prep': Voyager Digital, Caesars Entertainment, Wynn Resorts, and Six Flags Entertainment. He sees potential in these stocks, with specific price levels and targets mentioned.
May 14, 2021 | 2:01 pm
News sentiment analysis
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NEUTRAL IMPACT
Wynn Resorts is a reopening trade with a critical support level at $120.
The stock's performance is tied to maintaining the $120 level. A breakdown could lead to a sell-off, while holding it could stabilize or increase the price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Caesars Entertainment has potential for growth, with Raznick owning the stock despite a slight loss.
Raznick's ownership and positive outlook suggest confidence in future growth, which could attract more investors and drive the stock price up.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Six Flags Entertainment could trend higher, with Raznick targeting $60 by August and planning to increase his position on a pullback.
Raznick's target and strategy indicate strong confidence in the stock's upward potential, likely encouraging other investors to follow suit.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Voyager Digital is seeing strong account openings, which could lead to increased bids for the stock.
The mention of strong account openings suggests positive investor sentiment, likely leading to increased demand and a potential rise in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80