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Benzinga Pro’s 5 Stocks To Watch Today

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Courtesy of Benzinga.

Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user!

Neurometrix Inc (NASDAQ: NURO) stock was trading higher by nearly 50 percent early Tuesday morning. The innovation driven healthcare company said it received the first milestone payment from GSK Consumer Healthcare totaling $3.8 million as part of a strategic collaboration.

United Parcel Service, Inc. (NYSE: UPS) could see increased volatility throughout Tuesday’s trading session. Rival FedEx Corporation (NYSE: FDX) is scheduled to report its fiscal fourth-quarter results after Tuesday’s market close.

SenesTech Inc (NASDAQ: SNES) was trading lower by 1 percent after announcing a shelf offering. The pest control company filed for a $10 million securities shelf offering after the stock gained 10 percent on Monday. It should be noted SenesTech is a low-float stock, many of which experienced unusual levels of volatility.

Technology Select Sector SPDR Fund (NYSE: XLF) could see increased volatility ahead of a major component’s earnings report. Heavyweight tech giant Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal fourth-quarter results after Tuesday’s close and the report may move the entire technology sector.

Arcadia Biosciences Inc (NASDAQ: RKDA) was trading higher by more than 4 percent. Analysts at H.C. Wainwright initiated coverage of the agricultural food ingredient company’s stock with a Buy rating and $20 price target, which implies a potential upside of nearly 150 percent.

Related Links:

21 Stocks Moving In Tuesday’s Pre-Market Session

A Peek Into The Markets: Dow Futures Fall Over 300 Points

Posted-In: News Pre-Market Outlook Trading Ideas

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Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

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