Benzinga Pro's Top 5 Stocks To Watch For Friday, May 12, 2023: CMCSA, KR, ON, TSVT, CMND

Comcast (CMCSA) - The parent company of NBCUniversal. One of Friday's most-discussed stories stemmed from a tweet by Elon Musk he had found a new exec to file the chief exec role at Twitter. Speculation suggested the new exec will be Linda Yaccarino, currently Chair of advertising for NBCUniversal. Comcast shares were unaffected amid the rumors.

Kroger (KR) - A Wall Street Journal cover story Friday morning answered "Why Amazon Isn’t Checking Out of Groceries." The article subheading read "Amazon is still barely scratching the surface of the grocery market despite years of efforts." Indeed, Kroger shares over the last two years are up more than 30%.

ON Semiconductor (ON) - An often overlooked top player in the global semiconductor industry. The company will host an analyst day event on Tuesday of next week. Corporations are known to give updates affecting management's outlook at these events.

2seventy bio (TSVT) - The company is expected to report Phase 1 data from a acute myeloid leukemia treatment candidate next week. 2seventy bio is expected to release the data at the American Society of Gene + Cell Therapy conference next week.

Clearmind Medicine (CMND) - A penny stock mover Friday morning. Shares were up more than 20% on news the company received ethics committee approval for a Phase 1/2 trial of its treatment compound for alcohol use disorder.