Markets are signaling something important today. The SPY is down 2.04%, and QQQ fell 2.12%, reflecting broad market weakness. Despite the overall negative sentiment, a few stocks present interesting opportunities for investors this week. Let's dive into some names on our watchlist.
First, consider SRH Total Return Fund Inc (STEW). STEW will trade ex-dividend on 1/23/26 for its quarterly dividend of $0.20. With the stock priced at $18.08, this dividend could be attractive for income-seeking investors. Keep in mind that closed-end funds like STEW can be more volatile than traditional ETFs. Another dividend play is FS Credit Opportunities Corp (FSCO). FSCO will also trade ex-dividend on 1/23/26, distributing $0.0678 per share. At a price of $6.42, this monthly dividend offers another income stream. As with any dividend stock, be sure to analyze the company's financials and dividend sustainability.
Next, we have Corning (GLW), currently trading at $92.41. Corning is a key supplier of fiber optic cables for data centers, a critical component of the growing semiconductor industry. While GLW is down slightly at -0.18%, the long-term growth potential of data centers makes this a stock to watch. Consider that NVDA gained 1.01% today, underscoring the strength of the sector. Be aware that GLW's performance is tied to the overall health of the semiconductor market and data center investment.
Finally, ImmunityBio Inc. (IBRX) is worth noting. While IBRX is down 2.39% today to $6.33, recent news indicates a significant short squeeze, with the stock more than tripling in recent weeks. This heightened volatility makes IBRX a higher-risk, higher-reward play. Exercise caution and manage your position size accordingly. Key risk factors include clinical trial outcomes and regulatory approvals, which can significantly impact the stock price.
Keep these levels in mind as you navigate today's session.