Stocks to watch on Wednesday: Aurora Cannabis (ACB) - the stock surged to $9 based on the hiring of Nelson Peltz as a strategic advisor for 19 million stock options. There is no indication that Mr. Peltz has any knowledge to help Aurora maneuver the complicated legal landscape and oncoming flood of cannabis and related stock onto the market. If anything, his stock options just further add to the stock dilution. Regardless, the stock is going higher. The next target price is $10.50, then previous highs at $12. Electronic Arts (EA) - the stock is back above $100 as the market is finally starting to realize that EA will figure out how to monetize the 50+ million players on Apex Legends. Every reasonable conclusion is that the game tops the $1 billion level and maybe approaches the $2+ billion generated by Fortnite. The market is far too pessimistic on this hit game. EA has a better future now than when the stock hit $150. Fitbit (FIT) - the fitness tracking company moving towards a medical device company is lagging below $6. Buy the stock all day at this level with the EV/S multiple at 0.5x. CenturyLink (CTL) - buy at $12. The market is insanely irrational here with the company repaying debt everyday CenturyLink generates substantial free cash flows that approaches $10 million a day. Disclosure: Long FIT, CTL