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Barchart
Barchart
Will Ashworth

I Would So Use Options to Play This Top 100 Stock

United States Blend Labs Blend

As I checked out Barchart.com’s Top 100 Stocks to Buy for my Wednesday commentary, I noticed that one of the new entrants was way down in the 56th spot, a jump of 44 positions. 

Blend Labs (BLND), a San Francisco-based provider of a cloud-based banking platform that improves a lender’s workflow, is up more than 15% as I write this. The company’s weighted alpha is 186.50, while its shares are up 108% over the past 52 weeks, suggesting that the small-cap software stock could be ready to go on another heater. 

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