Benzinga Daily Stocks To Watch

Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.

$CSCO $PLTR $CLF $ASC $COMS

Cisco Systems (CSCO) -
Will report quarterly results on Wednesday after market close. Cisco has historically reported around 4:05 p.m. ET.
Palantir Technologies (PLTR) -
A play on artificial intelligence (AI). As highlighted by a smart trader in Benzinga Pro's lounge chat Monday morning, while Palantir hasn't been mentioned often as an AI play, conversational AI platforms like ChatGPT rely on data and data mining to utilize their algorithm. Palantir can be considered a "big data" play. The company will report quarterly results Monday after market close.
Cleveland-Cliffs (CLF) -
A vertically-integrated miner and manufacturer of flat-rolled steel products and iron ore pellets. Cleveland-Cliffs investors see a benefit from a favorable dividend yield, about 4%. Cleveland-Cliffs will report earnings on Tuesday before market open.
Ardmore Shipping (ASC) -
A play on an upcoming investor day event hosted by the company. The event will begin at 12 p.m. EDT Tuesday. Ardmore is an overseas shipping company.
COMSovereign (COMS) -
One of Monday morning's momentum names. Shares were up about 20% on news the company reduced its level of debt by 80% from the same period last year. The stock was recently affected by a 1-for-100 stock split, changing its float to around 2 million shares.

Hosts:

Brent Slava Reach out to Brent at brent@benzinga.com

Sr. Reporter, Head of Benzinga Newsdesk

Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com

Benzinga Strategy Development

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