Benzinga Pro's Top 5 Stocks To Watch For Wednesday, June 14, 2023: AMD, STZ, FUBO, WGO, NKLA

  • Advanced Micro Devices (AMD) - Shares sold off on Tuesday as investors took profit ahead of a company event with AMD's CEO Lisa Su. At the early-afternoon event, Su highlighted several new chips being manufactured by AMD, including a chip which Su described as "the best CPU for AI," Genoa.

  • Constellation Brands (STZ) - Owner of Modelo, among other beer and spirits brands. Modelo overtook Budweiser as the US's top-selling beer during the month of May, reports from Wednesday morning showed.

  • fuboTV (FUBO) - A penny stock which one user in Benzinga Pro's lounge chat described as "breaking out of consolidation mode." Shares spent most of this year below the $2 level; shares broke above this level Tuesday morning.

  • Winnebago Industries (WGO) - A play on the consumer and summer travel season. Winnebago will report quarterly results on Wednesday, June 21.

  • Nikola (NKLA) - One of Wednesday's big winners. Shares of this penny stock were up 12% despite no news to justify the price action.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Pre-Market Outlook
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!