We’re knee-deep in earnings seasons as several companies release results for the first quarter of 2024 today.

Let’s get into that news down below!

Biggest Pre-Market Stock Movers: 10 Top Gainers

10 Top Losers

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

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The post Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday appeared first on 香港六合彩玄机.

Despite record high share prices, the supply of stocks is dwindling due to bankruptcies, private ownership and fewer new listings. The U.S has about 5,000 fewer listed companies than expected for an economy of its size. At the same time, the U.K. has lost 25% of its companies in the last decade. This spells doom for these social media stocks to avoid. Capital seems to be flowing out of the traditional stock market and into other ventures. Those include private equity, which could accelerate in the event of a stock market crash.

With a small number of social media stocks left over, only the strongest will survive. After all, they compete for a limited pool of dollars from investors. One should then consider abandoning their speculative bets and stick to the blue-chip options.

So let’s delve into three social media stocks to avoid now.

Snap (SNAP)

Snap (NYSE:SNAP) owns Snapchat, a messaging app known for its disappearing messages and augmented reality (AR) filters. The company has struggled to achieve sustainable profitability. It faces tough competition from Meta’s (NASDAQ:META) Instagram and TikTok.

The brand’s competitive issues have made it challenging for Snap to secure a larger share of the digital advertising market. And while Snap has grown its user base and revenues, it has yet to build a sustainable business model.

SNAP is still a relatively small fish in the market compared with Meta or its key rivals. Its market cap is just $24 billion. Furthermore, analysts project that its revenue year-over-year (YOY) increases will slow down after fiscal year 2025.

Therefore, SNAP will either be in the crosshairs of big tech as an acquisition target or a rival to trample. We can see how Meta has absorbed Whatsapp and Instagram into its fold beforehand. In reality, SNAP may not have the resources to compete in the long-run.

Pinterest (PINS)

Pinterest (NYSE:PINS) is largely a relic from the mid 2000s. Yet, it has managed to stay relevant even in today’s world. I also see PINS as a potential acquisition target.

Recently, Pinterest reported strong first quarter 2024 results, with a 23% revenue growth reaching $740 million. Additionally, it showed a record 518 million global monthly active users (MAUs), up 12% YOY. Despite a GAAP net loss of $25 million, adjusted EBITDA for the quarter was $113 million.

Pinterest’s Q2 of 2024 guidance forecasts revenue in the range of $835 million to $850 million, representing an 18-20% YOY growth.

However, there are some issues that I don’t think PINS can overcome easily. First, it trades at an absurdly high P/E at 152 times sales. This is due to the brand just recently breaking even. Its forward measures are lower, but this is assuming that it will continue its record earnings streak. And I feel it is too risky to rely on this.

More time needs to be given to PINS to prove itself as a stable earner. Otherwise, it’s one of those social media stocks to avoid.

Match Group (MTCH)

Match Group (NASDAQ:MTCH) owns several popular online dating platforms, including Tinder, Match.com and Hinge. While online dating continues to grow in popularity, Match Group faces challenges such as increasing competition from free dating apps, changing consumer preferences.

Recently, CNN reported that the dominance of Tinder in the dating app market is declining, with annual downloads decreasing and paying users falling by 8% last year.

However, dating apps like Bumble, Grindr, Hinge and OkCupid remain popular, with downloads more than doubling since 2012. Bumble’s downloads are on track to surpass Tinder’s.

And, while young adults under 30 are the primary users of dating apps, they are also forming romantic relationships offline more frequently than older generations.

As social media users and communities have grown, they have also become more niched-down and decentralized from each other. Alt-tech sites like Gab and extremely niche communities such as Ravelry, which caters to knitters, underscore this.

Therefore, I don’t believe that MTCH has a durable competitive advantage to justify an ongoing raise in its valuation, especially as many consider the “peak” of online dating being far from over.

On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.

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In such cases, buying and holding a stock when it is down in the dumps, or even just gently discounted, can be a tremendous way to grow wealth, should the company turn things around. In these cases, the analyst becomes a contrarian, deciding to go against the general narrative surrounding a particular investment opportunity. As such, here are my picks for three contrarian stocks to buy, with a focus on why they’re likely to rebound in the next decade.

Contrarian Stocks to Buy: Boeing (BA)

I have gone back and forth on Boeing (NYSE:BA) in the last four months, first recommending it, and then going back on that recommendation following further developments. The story around America’s biggest commercial aviation company has been a rollercoaster of emotions for investors and customers alike, with seemingly potential recoveries constantly being undone by the next news article about quality issues or aircraft malfunctions.

However, the reality lies somewhere in the middle. Boeing stock has continued to decline over the last four months, despite rather healthy financial reports. Much of this decline comes from fears over continued accidents and the overall public perception of Boeing’s airliners.

It’s important to remember, however, that these issues are occurring with a subset of Boeing’s 737s in the MAX 9 configuration. This aircraft does account for a substantial portion of the company’s commercial airliner revenue but pales in comparison to the company’s defense revenues and other airlines like the 777 and 787. Thus, it’s possible that once the 737 issues are resolved, either by discontinuation of the model, or improvement, Boeing will once again return to an upward trajectory.

Pfizer (PFE)

Since the end of the COVID-19 pandemic, many investors and analysts have turned away from Pfizer (NYSE:PFE). It’s easy to understand their reasoning; after all, Pfizer had its day in the sun and is now on a steady decline since its peak valuation at the height of the pandemic.

I wonder, however, why so many people are discounting the fact that the company was the largest by prescription pharmaceutical sales in 2022, clocking in at $91.3 billion. That same year, the company spent a whopping $12.38 billion in research and development. Because Pfizer specializes in prescription drugs for heart disease, cancer, and diabetes, its true target market is the aging population of the developed world.

With many developed countries like the U.S., Germany, and Japan experiencing significant increases in average demographic age, the demand for Pfizer products could see a spike in the decade to come. This would ultimately drive PFE stock back towards its 2022 peak days, making it one of the best contrarian stocks to buy today.

Paramount Global (PARA)

Despite mixed opinions on Paramount Global (NASDAQ:PARA), I still believe the company sits in a strong position to benefit from the news cycle by the end of the year. On top of that, the company was able to consistently grow the Paramount+ streaming platform over the last three years, reaching 71 million users in Q1 of 2024.

The company’s ownership of the CBS news network and PlutoTV is also worth more than investors may realize. With CBS still the second-most-watched channel in the U.S. and PlutoTV’s 80 million active users, the company commands a lot of attention.

Moreover, the company ended Q4 of 2023 with stunning financial improvements, with income rising by 2347% year-over-year. The company also exceeded EPS expectations in Q1 of 2024 by 72.88%, so I’m confident in saying that PARA will likely be on the upward trajectory soon compared to other contrarian stocks to buy.

On the date of publication, Viktor Zarev did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.

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Value stocks typically belong to established companies known for their reliable dividends, strong track records of profitability and resilience through economic cycles. Moreover, they also possess strong fundamentals and promising potential, often overlooked or undervalued by the market. As temporary market dips offer discounts on these reliable giants, it’s prime time to consider adding some to your portfolio.

Now, let’s explore the three best value stocks to buy during the Q2 market dip in 2024!

Procter & Gamble (PG)

Procter & Gamble (NYSE:PG) is a titan of the consumer staples industry, boasting a large portfolio of brands like Crest, Gillette, Tide and Head & Shoulders. The demand for these products is considered essential, providing the company with consistent revenue streams regardless of the economic climate.

P&G has demonstrated a consistent track record of financial performance and shareholder value creation. Its disciplined approach to cost management and effective marketing initiatives have driven revenue and margin expansion over the last decade. While a Q2 2024 market dip may impact PG shares, the company’s resilience remains intact. Furthermore, P&G investors often seek refuge in more stable companies like P&G, which can be a great option for the more conservative investors. It can provide more predictable returns and reduce your overall portfolio risk. With 69 years of consecutive dividend increases, PG stock is one of the best value stocks as investors become wary of the Fed’s plans for interest rates in 2024.

Coca-Cola (KO)

Coca-Cola (NYSE:KO) is another classic defensive stock with a strong history of reliable performance. The company’s brand recognition and global market penetration make it synonymous with the beverage industry.

Coca-Cola has an impressive dividend growth history spanning 63 years, showcasing a commitment to shareholder returns. One of the key contributing factors to Coca-Cola’s attractiveness as a value stock is its stable cash flow generation. This is a crucial attribute that all value stocks must obtain in order to manage the businesses’ day-to-day operations. Additionally, its strong pricing power and vast distribution network across the globe further bolster its financial stability profile. In the 2023 fiscal year, revenue increased 6% year-over-year to $45.75 billion. Operating income grew 4% from 2022, with EPS up 13% to $2.47 per share. Management forecasted double-digit EPS growth in FY24. Moreover, KO’s growing dividend is great news for income-oriented investors. That makes Coca-Cola one of the top value stocks to buy during the Q2 market dip.

JPMorgan Chase (JPM)

JPMorgan Chase (NYSE:JPM) stands tall as the largest bank in the United States, offering a broad range of financial services from consumer banking to investment banking. While the banking sector may face volatility during a market dip, its cyclical nature can fuel the potential for a greater rebound when uncertainty subsides.

The company boasts a fortress balance sheet, robust risk management practices and a track record of adapting to changing market conditions. With a strong focus on innovation, the bank is at the helm of some leading technological trends. Additionally, the bank’s commitment to corporate social responsibility and sustainable business practices enhances its appeal further. The 2023 fiscal year was a record year for the company, as it was one of the largest beneficiaries of higher interest rates. Ultimately, that fueled the company’s net interest income and bottom line. JPM has also averaged a 10.8% CAGR in its dividend over the last decade, and its low payout ratio leaves much room for further increases. After reporting strong Q1 FY24 earnings results, JPM stock remains one of the top value stocks to buy on weakness in 2024.

On the date of publication, Terel Miles did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Terel Miles is a contributing writer at 香港六合彩玄机.com, with more than seven years of experience investing in the financial markets.

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The luxury electric vehicle stock has seen its share price plummet 40.6% as of the end of Tuesday’s trading session. Continued macroeconomic uncertainty and anemic demand in the EV market could lead shares to tumble even further. If you’re still holding onto your LCID shares, here are 3 reasons to consider selling them.

Q1 Delivery Figures and LCID Stock

While the global electric vehicle market is experiencing a slowdown, there are important differences to point out. Chinese EV makers have outperformed American counterparts.

A couple weeks ago, Bloomberg reported that a number of Chinese EV companies, including BYD (OTCMKTS:BYDDY) and Li Auto (NASDAQ:LI), ended Q1 on a strong note. Chinese domestic demand for as well as price wars between market participants helped keep growth strong for these key players.

In the United States, both Tesla and Lucid have not enjoyed the same growth. To boost delivery growth, Lucid, like many other EV makers, pursued a strategy of price cuts.

In Lucid’s case, they did boost demand and deliveries came in above estimates at 1,967 vehicles. Unfortunately, this strategy a price cuts is a double-edged sword.

While delivery numbers may receive a boost, Lucid’s margins are likely to suffer. Falling profitability metrics can lead to the company’s need to raise additional capital from equities markets, which would effectively dilute current shareholders.

Q1 Production Numbers

Lucid’s first quarter production numbers highlight the dire state of EV demand, particularly in the United States. These figures indicate manufacturing capabilities and demand for electric vehicles.

Lucid produced 1,728 vehicles in Q1, falling short of the predicted 2,123. Q1 production numbers are 28% lower than the prior quarter. Analysts must closely monitor how these numbers change to assess demand for Lucid’s EVs.

Wall Street Downgrades Spell What Could Come

There are 15 analysts at Wall Street firms who cover LCID stock. Unfortunately, an overwhelming majority of them are not optimistic about the luxury EV maker’s future prospects.

According to Koyfin, only one analyst has rated LCID stock as a “Buy,” while the overwhelming majority of the other analysts have given LCID a lukewarm “Hold’ rating.

RBC, a Canadian bank, reduced their price target from $6/share to $3/share and cited high operating costs as well as insufficient demand in Lucid’s end market as reasons for the price target reduction.

Stifel and Baird also lowered their price targets. Given where LCID stock is sitting now and where its 12-month average price target is, there is 30% return potential.

My idea is, there are other EV stocks to consider with better growth prospects and less volatility.

On the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.

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Rather than holding on and hoping for a turnaround, it’s a better strategy to use the Portfolio Grader as a guide to help identify tech stocks to sell.

Underperforming tech stocks can be a real drain on your portfolio, dragging down your overall returns and keeping you from capitalizing on more promising stocks. The market is full of A-rated tech stocks, so why would you hold on to an underperformer?

If a stock is consistently underperforming or facing fundamental issues, it may be a sign that it is unlikely to recover soon. Holding onto such stocks, hoping for a turnaround, can lead to further losses.

The Portfolio Grader’s easy-to-use format makes it a breeze to identify tech stocks to sell. The Grader ranks every stock based on its earnings performance, growth, analyst sentiment, momentum and other factors to determine a letter grade of “A” through “F.”

By using the Portfolio Grader to help you identify tech stocks to sell, you can make some changes and keep your positive returns coming – and give you a better chance to meet your long-term investing goals.

Apple (AAPL)

Apple (NASDAQ:AAPL) has long been a bellwether company that drove the tech community. With a market capitalization of $2.6 billion, Apple ranks as the No. 2 company in the world by market cap.

It’s obviously an important company and you should be keeping a close eye on it. But it’s also been a disappointment to investors – and there are hazards looming ahead.

Sales are falling in China, where the smartphone maker faces new competition from Huawei and its 5G phone. Regulators in the U.S. and U.K. are also deep into investigations that Apple uses the App Store to stymie competition – and that could have a huge impact on Apple’s bottom line moving forward.

While Apple continues to see solid growth from its Services segment, product growth was flat in the first quarter of fiscal 2024. When Apple reports Q2 earnings on May 2, investors should be looking at those numbers closely. But I’m not expecting a turnaround.

AAPL stock is down 11% in 2024. It gets a “D” rating in the Portfolio Grader.

Baidu (BIDU)

Baidu (NASDAQ:BIDU) is a Chinese technology company that has a dominant share in China’s search engine market.

The company is positioning itself as an artificial intelligence company by offering a full AI stack that includes AI chips, a deep learning framework, natural language processing, speech recognition and augmented reality. Its Baidu Brain AI technology engine is used to help develop new AI businesses.

But for all of its innovation and its embrace of AI, Baidu doesn’t perform as well as it should – and people are noticing. Earnings for the fourth quarter included revenue growth of just 6%, to 34.95 billion yuan ($4.92 billion). That was below analysts’ consensus estimates of 34.97 billion yuan.

In addition, Baidu reported monthly average users of 667 million, which was only a 3% increase from a year ago.

BIDU stock is down 13% this year. It gets a “D” rating in the Portfolio Grader.

Block (SQ)

Formerly known as Square, Block (NYSE:SQ) is a technology computer software company that’s best known for the plastic dongles that insert into a smartphone or tablet, allowing small market vendor to process credit card transactions.

Block also performs a crypto company and has a sizable investment in Bitcoin (BTC-USD), owning more than 8,000 of the digital currency at a valuation of more than $450 million. The recent rise in Bitcoin was a major factor in the company’s fourth-quarter earnings, in which Block reported $562 million in earnings – and $207 million of that was from Bitcoin.

However, there are issues that keeps Block’s rating in the Portfolio Grader down. The company isn’t consistent with profits – it posted a net loss in 202 of $541 million. The only reason it broke into the black in 2023 (with income of $9.8 million) was because it had an uncommonly strong fourth quarter.

While analysts are expecting operating income of $1.1 billion this year, I’m not fully sold that Block will be able to find the consistency it needs to be a top tech stock. And if the price of Bitcoin falters again – SQ stock will fall along with it.

SQ stock is down 5% this year and gets a “D” rating in the Portfolio Grader.

Sea Limited (SE)

Sea Limited (NYSE:SE) is a computer software and internet company based in Singapore. The company is best known for its Free Fire game, which is a free-to-play battle royale game much like Fortnite.

It also operates an e-commerce segment called Shopee that operates in Southeast Asia and Brazil. And while the combination of a gaming company/e-commerce platform worked during the Covid-19 pandemic, both companies suffered some growing pains when COVID lockdowns ended.

Earnings for the fourth quarter were $3.6 billion, up 4.8% from a year ago – which is OK, but not great for a technology company in today’s market. Profits of $1.5 billion were down from $1.7 billion a year ago.

The company also posted a net loss of $111.6 million, which was a change from a profit of $422.8 million in the fourth quarter of 2022.

SE stock is up big this year, but note that its stock price is still down 17% over the last 12 months and is still 82% from its pandemic highs. It gets a “D” rating in the Portfolio Grader.

Bilibili (BILI)

Bilibili (NASDAQ:BILI) is a video sharing website that operates only in China. That means if you are wanting to check it out from the U.S. or elsewhere, you’d have to use a VPN service to get to the Bilibili site.

Users are able to post videos and comment on others – it’s essentially like YouTube. But YouTube has a much bigger audience and is much more accessible, which makes Bilibili a questionable investment at best.

The company has 336 million monthly active users and 100 million daily active users. YouTube has 2.49 billion monthly active users.

Earnings for the fourth quarter were $894.3 million, up 3% from a year ago. The company posted a net loss of $182.6 million for the quarter.

While Bilibili is showing some modest growth, it’s a relatively weak stock in the technology sector. If you are looking for a tech investment, you can surely do better.

BILI stock remains down 37% in the last 12 months, and has only gained 3% in 2024. It gets a “D” rating in the Portfolio Grader.

MaxLinear (MXL)

MaxLinear (NASDAQ:MXL) is in the semiconductor sector. The company makes analog, digital and mixed signal circuits, plus wireless infrastructure.

Earnings for the first quarter of 2024 continued the company’s depressing story. Revenue was $95.3 million, which was down 62% from a year ago and 24% from the fourth quarter of 2023.

The company posted a GAAP loss of 88 cents per share, which was a worsening from a loss of 47 cents per share in the same quarter a year ago.

The forecast isn’t much better. MaxLinear is guiding for Q2 revenue between $90 million and $110 million, and operating expenses of $103 million to $113 million. So investors are likely looking at another loss.

MXL stock is down 12% this year. It gets a “D” rating in the Portfolio Grader.

Amkor Technology (AMKR)

Amkor Technology (NASDAQ:AMKR) is another underperforming semiconductor stock.

It packages and tests integrated circuits for semiconductor chip manufacturers, with the completed products used in items such as smartphones, tablets, electric vehicles and consumer products.

The problem with AMKR stock is that the company’s partners have seen a slowdown – particularly in EVs and smartphones. That means there’s not as much business for Amkor, and the company’s revenue and profits show it.

First-quarter revenue was $1.36 billion, down from $1.47 billion a year ago. On the positive side, the company was more efficient than a year ago with an operating margin of 5.4% versus 4.7%. That means that Amkor had income of $59 million and 24 cents per share, versus $45 million and 18 cents per share last year.

Amkor is going to continue to be reliant on other industries that are currently struggling. That’s more than enough reason to stay away.

AMKR stock is down 2% in 2024. It gets a “D” rating in the Portfolio Grader.

On the date of publication, Louis Navellier did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The 香港六合彩玄机 Research Staff member primarily responsible for this article had a long position in BTC and AAPL. The staff member did not hold (either directly or indirectly) any other positions in the securities mentioned in this article.

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Needham price targets can be a reliable guide to steer you through turbulence. Needham ratings become doubly important when the market is down, with investors looking to identify resilient stocks or those with strong recovery potential. Moreover, amidst market uncertainty, Needham’s expert analysis can help investors make more informed decisions, safeguarding against larger losses while identifying opportunities with substantial upside potential. Having said that, let’s look at three stocks that Needham is upbeat about.

Netflix (NFLX)

In a recent article, I discussed the ‘beat and hold’ theme this earnings season, where strong top-and-bottom-line beats are unlikely to move stock prices. This theme was evident with streaming giant Netflix (NASDAQ:NFLX), which delivered another handsome beat across both lines but dipped post-earnings.

It added an impressive 9.33 million subscribers in the first quarter (Q1) and ended with an eye-catching 269.6 million subscribers. Additionally, sales shot up 14.8% to $9.37 billion, while operating income rose to $2.6 billion, a 53% jump from the same period last year.

Moreover, Needham seized the opportunity to upgrade NFLX stock to a ‘buy,’ setting a target price of $700, a 25% upside from current prices. They argue that Netflix is one of the best tech companies to benefit from generative AI in the future. Its robust positioning is underscored by its global presence, the value of its data, and other factors such as price hikes and increased advertising revenues.

Boston Scientific (BSX)

Boston Scientific (NYSE:BSX) is one of the top medical device manufacturers catering to interventional medical specialties. Interventional medicine is a fast-evolving sphere spurred by tech advancements, an aging global population, and a growing preference for minimally invasive procedures. Consequently, BSX has operated an incredibly consistent business over the years, positioning it as a giant in biomedicine.

BSX’s fundamentals are a visual delight, marked by an A-graded profitability profile and consistent top-line expansion. In the past five quarters, the company has outperformed estimates across both lines by comfortable margins. Moreover, its stock recently hit a 52-week high after delivering another earnings surprise in Q1. Revenue growth shot up to $3.86 billion, a 14% jump from the prior-year period, beating estimates by $180 million. Likewise, its non-GAAP EPS of 56 cents increased by five cents, continuing its fine form since Q1 2023.

Consequently, Needham raised its target price for BSX stock from $71 to $82, a 12.3% upside from current price levels.

Silicon Labs (SLAB)

Silicon Laboratories (NASDAQ:SLAB) is a semiconductor play that boasts a strong presence in the Internet of Things (IoT) market and a diversified range of earnings sources. Demand and supply imbalances over the past year or so have weighed down its fundamentals, but recent top-and-bottom-line beats point to significant upside ahead. In the past four consecutive quarters, it has bested estimates across both lines by considerable margins.

However, unlike its peers, SLAB stock was trading in the red last year, shedding 14% of its value, while the broader market gained 26%. It has been seeing encouraging activity of late, though, which could be the start of something. Moreover, Needham elevated SLAB stock’s rating following better-than-expected Q1 results. Analyst Rajvindra Gill from the investment bank noted that the firm is in an excellent position to capitalize on a rebound in the semiconductor industry. He talked about improving SLAB customers’ and distributors’ inventory levels, order trends, operational leverage, and upcoming design improvements. Consequently, Gill shifted SLAB stock’s rating from ‘hold’ to ‘buy’ while setting a $150 target.

On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.

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For instance, top-performers are can often be companies that operate within fast-growing sectors. These do not have to be in “hot” industries like AI or EVs, either. Often a “boring but growing” industry can provide the opportunity for multiyear growth.

Also, there are companies that, through a well-executed strategy by management, remain well-positioned to experience the levels of growth necessarily to sustain above-average price appreciation over time. These long-term growth strategies can be organic, yet a well-executed “bolt-on” acquisition strategy can produce this growth as well.

Taking a look at current market-beating stocks, I have found seven names the fit this criteria. Let’s take a look at each one, and see why they have the potential to produce stunning returns for your portfolio.

Donnelley Financial Solutions (DFIN)

Donnelley Financial Solutions (NYSE: DFIN) provides compliance and communications services to publicly traded companies and to the financial services industry.

Once a component of the printing giant RR Donnelley, DFIN has over time transformed from its print roots into primarily a SaaS-based provider of its services.

This, coupled with a booming financial market, has led to big gains for DFIN stock so far this decade. Trading at penny levels in 2020, shares have since bolted to the low-$60s per share.

Yet while this stock likely will not make another 10 to 15-fold leap higher anytime soon, it has the potential to continue outperforming the broad market.

DFIN is expected to grow earnings by 23.8% this year, from $2.81 to $3.48 per share this year. Couple this with possible multiple expansion, as the market further appreciates DFIN’s SaaS transformation, and it’s clear much runway remains for this stock.

Ensign Group (ENSG)

Ensign Group (NASDAQ: ENSG) is one of the market-beating stocks I’ve talked about recently, when discussing little-known stocks with big upside potential. This company owns and operates skilled-nursing facilities.

By employing a strategy of acquiring SNFs, then improving their operations, Ensign has built a strong track record of profitability and growth. This has in turn resulted in strong price performance for ENSG stock. Shares are up twelvefold over the past decade. In the past year alone, Ensign has gained by around 21.75%.

While not exactly “cheap” at 22 times forward earnings, this valuation is more-than-reasonable, given long-term earnings growth forecasts. Per analyst estimates, earnings are expected to keep growing by nearly 10% annually in the years ahead.

ESNG also pays out a quarterly dividend. While tiny (0.20%) , this dividend has been steadily growing over the seven years, and could keep increasing in line with earnings growth.

Flowserve (FLS)

Flowserve (NYSE: FLS) is a good example of what I was talking about above, regarding “boring but growing” stocks.

This company manufactures pump systems, mechanical seals, and related products, which is not exactly a glamorous industry.

However, after many years of middling fiscal performance, Flowserve has been bouncing back in terms of revenue and profitability since 2022. A rebound in the energy sector has been a big reason for this, but as Seeking Alpha commentator The Value Investor argued in January, the company has also started to diversify its customer base beyond oil and gas.

FLS stock is up 39% in the past year, yet further long-term upside potential remains. Favorable energy sector demand trends, plus the diversification efforts, point to future earnings growth coming in line with analyst forecasts. Shares trade at a reasonable 18.5 times forward earnings, and the stock sports a 1.78% yield.

Interactive Brokers Group (IBKR)

Over the past decade, Interactive Brokers Group (NASDAQ: IBKR) gained in value by 411.1%. In the past year, shares in the brokerage firm have remained one of the market-beating stocks, climbing nearly 39% since last May.

Despite this big run-up, IBKR stock appears more than reasonably priced. For one, at 17.8 times forward earnings, shares trade at a discount to peers like Charles Schwab (NYSE: SCHW), which trades for 21.8 times forward earnings. Sure, given present sell-side earnings forecasts for next year, this valuation discrepancy makes sense.

Analyst consensus calls for a minimal jump in Interactive Brokers’ profitability, from $6.56 to $6.59 per share. However, net interest income makes up a large portion of earnings.

Forecasts may be overestimating how quickly the Federal Reserve will lower rates down from today’s high levels. This points to strong potential for better-than-expected results in 2025.

RPM International (RPM)

RPM International (NYSE: RPM) makes and sells building materials and industrial coatings. Yet another example of “boring but growing,” while RPM has trailed the broad market in the past decade, shares have been a market-beater over the past year.

Since last May, RPM stock is up by around 31.4%, versus 20.8% for the S&P 500 index. Moreover, RPM may be well-positioned to continue beating the market moving forward. As I argued late last year, numerous factors, including improving demand trends and an operational improvement initiative, point to growth acceleration ahead.

Besides being well-positioned for further price appreciation, RPM is also a strong choice for dividend-focused investors. Now a “dividend king,” with 50 years of consecutive payout growth, the stock also has a forward dividend yield of 1.72%. Over the past five years, RPM has increased its dividend by an average of 12.03% annually.

SPX Technologies (SPXC)

SPX Technologies (NYSE: SPXC) has been on a tear over the past six months. During this time frame, it has become one of the market-beating stocks, rising 53.3%. What’s driving this hot run for SPXC?

Chalk it up to strong results for this HVAC systems manufacturer. Thanks to robust demand, operational improvements, and success with strategic acquisitions, SPX reported significant earnings growth last year.

Anticipating further strength ahead, investors have been bidding up SPX stock. Yet while the crowd has already piled in, don’t assume it’s too late to buy.

SPX’s forward earnings multiple of 24.7 is reasonable, given both its quality as well as growth forecasts. Sell side consensus calls for earnings to rise by another 11.25% next year. SPX has not paid a dividend in nearly a decade, but if current profit growth trends continue, it’s easy to see the company resume quarterly payouts.

Texas Roadhouse (TXRH)

Texas Roadhouse (NASDAQ: TXRH) is an operator of casual dining restaurants. TXRH fits the bill, when it comes to a long-term growth story.

The company has steadily grown in size and profitability over time. With this, it’s no wonder why TXRH has knocked it out of the park over the past decade.

Since 2014, TXRH stock is up a total of 562.6%. Texas Roadhouse has also returned capital to shareholders for many years, in the form of a quarterly dividend. Shares currently yield 1.52%, but keep in mind TXRH’s history of steadily increasing the dividend. 10 years ago, the quarterly dividend was 15 cents per share; , it’s 61 cents per share.

As I’ve argued previously, TXRH stands to keep growing at an above-average pace. This growth will likely result in not just further increases to the dividend, but further share price appreciation as well.

On the date of publication, Thomas Niel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Thomas Niel, contributor for 香港六合彩玄机.com, has been writing single-stock analysis for web-based publications since 2016.

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Despite the broader market’s volatility, AI companies continue to innovate and set a foundation for long-term growth. As per Grand View Research, the global artificial intelligence market is set to grow at a CAGR of 37.3% from 2023 to 2030. The market is forecasted to reach $1.8 trillion by 2030. Sectors like healthcare, automotive and financial services will be particularly impacted by AI.

Here are three AI stocks to buy that have significant upside potential. These AI stocks listed below present a valuable chance for investors to capitalize on the growing influence of AI. These firms are not only at the forefront of technological innovation but also present strong growth potential for proactive investors.

CrowdStrike

CrowdStrike (NASDAQ:CRWD) has emerged as a leader in the cybersecurity space. The company is leveraging its innovative Falcon platform to deliver a comprehensive suite of security services. The platform utilizes advanced AI and machine learning algorithms to offer real-time threat detection and automated incident responses.

This Falcon platform is designed to process billions of events per day, with AI models that analyze and correlate data to identify potential threats. The use of AI allows CrowdStrike to offer high-speed, highly accurate threat detection that adapts to new and evolving cyber threats.

CrowdStrike’s financial performance in FY24 was marked by a 36% year-over-year (YOY) increase in subscription revenue, reaching $2.87 billion. The company’s growth was primarily driven by new customer acquisitions and deeper penetration within existing accounts. Furthermore, CrowdStrike’s robust free cash flow margin of 31% in FY24 highlights its operational efficiency and profitability potential.

CrowdStrike’s stock is up 23% in 2024. Wall Street analysts are bullish on the company and have an average price target of $394 on the stock. That translates into a 29.6% potential upside in the near term for this option in AI stocks to buy.

Super Micro Computer

Super Micro Computer (NASDAQ:SMCI) has been making waves in the tech industry, particularly within the realms of artificial intelligence and data centers. Supermicro stands out not just for its remarkable growth but also for its strategic positioning in a critical sector.

SMCI’s stock price has climbed more than 200% in 2024, a testament to its robust business model and market demand. The company has been at the forefront of addressing the insatiable market demand for data center GPUs, a segment that has seen exponential growth due to the rise of AI technologies. To keep up with this demand, Supermicro announced significant expansions, including two new production facilities slated to enhance the production capabilities by 25%.

Furthermore, Super Micro Computer partnerships with leading tech firms like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD) and Intel (NASDQ:INTC) further solidify its position in the market. These collaborations allow Supermicro to incorporate the latest semiconductor technologies into its products and stay ahead in delivering top-tier performance for AI and computing tasks.

SentinelOne

SentinelOne (NYSE:S) offers cutting-edge cybersecurity solutions powered by artificial intelligence. Its flagship product, the Singularity XDR platform, integrates AI to automate responses and provide real-time data analytics. This capability allows organizations to preemptively counter threats before they can cause significant damage.

The company has demonstrated remarkable growth, with its revenue soaring by 47% YoY in fiscal 2024, reaching $621.2 million. For fiscal year 2025, SentinelOne aims to maintain its growth trajectory while achieving positive free cash flow and operating income by year-end. Moreover, during the earnings call, the CEO discussed the strength of SentinelOne’s AI-powered security platform, Singularity and its recognition by Gartner as a leader in endpoint protection.

Despite these impressive top-line results, the company’s share price has struggled to gain traction, reflecting the market’s broader concerns about profitability and cash flow in the tech sector. However, Wall Street analysts are bullish on the company and have an average price target of $29.55 on the stock. That translates into a 37.2% potential upside in the near term.

On the date of publication, Mohammed Saqib did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Mohammed Saqib is a research analyst with experience in equity research and financial modeling. He has extensively covered stocks listed in the tech sector using fundamental analysis as the cornerstone of his approach. Currently pursuing a master’s degree in finance, Saqib is dedicated to obtaining the CFA charter to augment his expertise in the field further.

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And it’s not without cause. Since becoming CEO at Berkshire in 1964, Buffett has generated over 4.7 million percent returns for investors. That’s a mind-boggling figure, particularly since the S&P 500 has only returned around 30,000%. Following Buffett’s moves might not be such a bad investing strategy.

What you will find is that while the Oracle of Omaha doesn’t mind picking up shares of stocks he owns when they’re rising, he will often scoop up handfuls when they fall. Buying stocks when they go on sale is a tried and true method of creating vast wealth.

Below are three Warren Buffett stocks to buy when prices tumble.

Chevron (CVX)

Oil and gas giant Chevron (NYSE:CVX) is riding a wave of fossil fuel demand higher. Global production is going to increase to help meet the need but not by nearly enough to offset rising demand. That will cause prices to increase and lift Chevron’s bottom line.

The second-largest integrated oil and gas stock behind Exxon Mobil (NYSE:XOM), Chevron will profit at each stage of energy’s lifecycle. From exploration and production to refining and transportation, to downstream retail sales, Chevron will have its fingers it the pie.

Yet the oil industry no longer engages in willy-nilly exploration. While that used to be an industry staple, Chevron, Exxon and others now take a more cautious and selective approach. More often than not, project development is reserved for only the most profitable projects. It is a more sustainable policy long term.

Consolidation is still key to further enhancements. Chevron is looking to acquire peer Hess (NYSE:HES) and its assets in Guyana. It could actually be a trigger for the stock to tumble, though, because Exxon says it has the right of first refusal of the assets. If Exxon wins, CVX stock could fall. That would be an excellent opportunity to acquire shares for the rebound.

T-Mobile (TMUS)

Telecommunications industry leader T-Mobile (NASDAQ:TMUS) is another stock to buy on a pullback. The wireless carrier’s shares are up 31% from their lows. Yet they could fall again as the year progresses.

T-Mobile leaped to the forefront of the mobile market, adding more customers than its rivals over an extended period of time. But that’s about to change.

In its just-reported first quarter earnings report, management left unchanged its expectations for postpaid phone customer increases even as it raised both profitability and free cash flow growth. Over the next few quarters, T-Mobile will begin implementing its “rate plan optimizations” program. It expects that will boost revenue per postpaid account 3% this year instead of the 2% previously forecast.

Those price hikes will temper customer acquisitions, which could cause the market to react negatively. As T-Mobile bolsters its bottom line, any pullback in the stock ought to be exploited. The carrier is improving the long-term health of the business at the expense of short-term catalysts, which is better for T-Mobile stock and investors overall.

Kroger (KR)

Supermarket giant Kroger (NYSE:KR) is the last Warren Buffett stock to buy if prices plunge. Even as its stock is up 22% in 2024, there are plenty of factors that could see it reverse course.

Kroger is still trying to buy rival Albertson’s (NYSE:ACI) amid ongoing opposition from the Federal Trade Commission (FTC). Due to an apparent lack of understanding of market dynamics, the agency’s antitrust lawyers ignore the very real competitive threats grocery stores face. While alleging the merger will lead to higher prices for groceries, lower quality products and services, and limit choices for consumers, they willfully ignore the threat Costco (NASDAQ:COST), Aldi, Lidl, and even e-commerce platforms like Amazon (NASDAQ:AMZN) present.

The Biden administration has essentially become the man with a hammer: everything looks like a nail. The agency has taken an almost blanket approach to denying large M&A transactions. It recently sued to stop Tapestry (NYSE:TPR) from buying Capri Holdings (NYSE:CPRI), opposed JetBlue Airways (NASDAQ:JBLU) buying Spirit Airlines (NASDAQ:SAVE), and tried to squash Microsoft‘s (NASDAQ:MSFT) acquisition of Activision Blizzard. Notably, the FTC has lost every single case it has opposed that went to court (like the Microsoft case) but many takeovers were also abandoned.

Killing the Albertson’s deal could crush Kroger stock. However, because Kroger is the largest pure-play supermarket chain with over 2,700 stores, it should remain a solid Buffett stock to buy in the event of prices crumbling.

On the date of publication, Rich Duprey held a LONG position in CVX and XOM stock. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L’Express, and numerous other news outlets.

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The last round of earnings reports showed passenger unit revenues increasing for major airlines such as Alaska Airlines (NYSE:ALK), United Airlines (NASDAQ:UAL) and Delta Air Lines (NYSE:DAL). Each of these airlines is posting revenue and earnings that are, at the very least, on par with 2019 levels. Not surprisingly, these stocks are getting favorable sentiment from analysts. 

That’s not the case for the three airline stocks to sell in this article. Each may seem like a contrarian option, with air traffic being the tide that lifts all boats. But for a variety of reasons, these airlines are not converting higher consumer demand into profit. And with analyst sentiment souring, it’s time to keep these airlines grounded.

Southwest Airlines (LUV)

When air traffic began to recover in 2022, Southwest Airlines (NYSE:LUV) was a big winner. The company’s low-fare business model was just the ticket for travel-starved consumers.

However, the airline’s business model is facing significant turbulence due to rising labor costs and other inflation pressures. Southwest has also been affected by the problems enveloping Boeing (NYSE:BA). The 20 jets the airline expects to receive this year is far down from the 84 jets initially forecast.

That lack of additional capacity will make it difficult for the company to add to its revenue per available seat mile (RASM). Plus, as one analyst noted unlike an airline like Delta, Southwest doesn’t benefit from premium or international flights.

In its first-quarter earnings, Southwest missed on both the top and bottom lines. That is historically the airline’s weakest quarter. So, it’s important to note that revenue was higher year-over-year. But that makes the wider earnings loss more troubling.

Since the company’s earnings report, Jefferies (NYSE:JEF) downgraded LUV stock, now down 9% in 2024. Many other analysts have lowered their price targets below the consensus price target too.

Spirit Airlines (SAVE)

The last two stocks on this list of airline stocks to avoid are intertwined for what they hoped would be for better, but now may be for worse. Spirit Airlines (NYSE:SAVE) got a temporary lift from its proposed merger with JetBlue (NASDAQ:JBLU). JetBlue walked away from that merger in March 2024, and now investors are left to wonder if SAVE stock is still a viable investment. 

However, the company’s fourth-quarter earnings report from February should remove any false hope. Top-line revenue of $1.32 billion met expectations and was only slightly lower than the $1.39 billion reported in the prior year. 

But earnings are a different story. Spirit reported slightly better, though still negative, earnings per share. The company has now skidded off the runway of profitability, and an analyst from Citigroup (NYSE:C) is forecasting negative earnings to continue through 2025 as the company navigates negative cash flow and rising debt.

SAVE stock carries a consensus rating of Sell from the seven analysts who have offered a rating. And even though the consensus price target of $4.91 forecasts a large increase in the stock, it would still be in penny stock territory.

JetBlue (JBLU)

To understand why JetBlue is on this list of airline stocks to avoid, just look at Spirit. The two airlines wanted to team up to create a viable low-cost carrier that could compete with the larger carriers.

But now that the two companies mutually agreed to cancel the merger, JetBlue has no immediate answers as to how it will expand its fleet. Meanwhile, the airline’s revenue and earnings are both declining year-over-year.

That’s not likely to get better as long as inflation remains sticky. And that’s why analysts are lowering their price targets for JBLU stock after its quarterly earnings report in April. And if that wasn’t enough short interest in the stock is up 13.9% in the last month. That’s dragged JBLU stock down 24% and erased virtually all of the airline’s 2024 gains.

On the date of publication, Chris Markoch did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for 香港六合彩玄机 since 2019.

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The AI software company’s next earnings release is less than a week away. Given how other tech stocks have sold off after earnings over the past few weeks, I can see why the market may think PLTR is vulnerable to such a tumble.

After all, with shares trading at a high valuation, the phrase “priced for perfection” is thrown around a lot by PLTR bears. Yet while a small bit of bad news could drive a dive next Wednesday, the opposite could just as easily play out.

Furthermore, when considering Palantir’s long-term prospects, valuation today is anything but excessive. This suggests going against the crowd, not following their lead.

Palantir Stock and Pre-Earnings Jitters

Post-market on May 6, Palantir will release its results for the quarter ending March 31, 2024. Analysts have unanimously raised their expectations since the last earnings release, but the market does not share in this optimism. Again, this isn’t a surprising development.

Why? It’s not necessarily the results themselves that investors are concerned about heading into earnings. Rather, it is the updates to guidance, as these could have the greatest impact on which direction Palantir stock goes from here. In the past month, there has been increasing perceptions of a forthcoming AI growth slowdown.

While these concerns have largely been about the hardware end of the industry, they may be spilling over to software-focused AI stocks as well. Nevertheless, while this change in sentiment has resulted in middling price performance for PLTR lately, this may work to your advantage.

Namely, because there’s still a strong chance that next week’s earnings release elicits a positive response from the market. As we recently argued, factors like increased customer count during Q4 2023 point to continued growth during Q1 2024 and beyond. Not only that, this and other factors may point to the company providing promising updates to guidance.

Valuation Concerns are Shortsighted

While Palantir stock soared after its last earnings release in February, it’s worth noting that this post-earnings rally took shape, despite the company reporting mixed guidance for 2024. However, things could play out differently this quarter.

Considering AI commercial customer growth, recent government contract wins, as well as Palantir’s recently-announced sales partnership agreement with Oracle (NYSE:ORCL), updates to guidance could come in ahead of expectations and ahead of prior forecasts. While not certain, a “beat and raise” earnings release could spark a sharp move higher for PLTR.

That said, while a near-term rally would be fantastic, what matters most is the long-term bull case for Palantir. Check out the latest sell-side coverage of PLTR, and you can quickly see valuation concerns being raised once again. For instance, while Moness, Crespi, Hardt analyst Brian White is bullish on Palantir’s growth, he still believes its valuation is too high.

Hence, rather than rating it a “buy,” White rates it a “hold,” on the view that shares will eventually correct, resulting in less-than-stellar returns. Yet while the analyst lays out a substantive case to stay on the sidelines, we find this to be a shortsighted view.

Bottom Line: PLTR is a Strong Buy

On paper, PLTR is very expensive. Shares today trade for 66.8 times forward earnings. Even when accounting for earnings growth forecasts, which call for Palantir’s bottom line to grow 21.1% next year, this valuation still seems rich.

However, this is not a fair way to assess Palantir, in terms of valuation. Much like with other tech giants that have emerged in recent decades, for now Palantir’s focus is on growth, not profitability.

Down the road, when it scales up and reaches maturity, the company will likely take its foot off the growth gas pedal, which may result in a tremendous improvement to operating margin.

With this, growth, not its earnings multiple, is what will determine whether Palantir surges and sinks from here. Far from overvalued, as growth trends remain favorable, Palantir stock is a strong buy at current prices.

Palantir stock earns an A rating in Portfolio Grader.

On the date of publication, Louis Navellier had a long position in PLTR. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.

The 香港六合彩玄机 Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

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Moreover, its guidance hike and its very bullish comments indicate that its business will probably continue to post outstanding results for the foreseeable future. Also importantly, the valuation of SMCI stock remains quite low, in light of the firm’s huge profits and tremendous growth.

Despite these points, the Street ran to sell the shares because the firm’s Q3 top line came in a smidgen below analysts’ average estimate. Some large investors are also worried about interest rates staying high. I believe that the Street’s reaction was completely overdone, while the shares’ weakness has created a very good buying opportunity for long-term investors.

Hugely Impressive Results and a Guidance Increase

Sparked by tremendous demand for its AI servers, Super Micro’s revenue tripled last quarter versus the same period a year earlier to $3.85 billion. It’s extremely rare for the top line of a large company to triple in just one year. It’s safe to say that this company’s business is expanding at an exceptionally fast rate.

Moreover, its income from operations jumped to $378.3 million last quarter from $99 million during the same period a year earlier. And its earnings per share came in at $6.65, versus analysts’ average estimate of $5.57.

Super Micro also hiked its top-line outlook for the current quarter to $14.7 billion to $15.1 billion from its previous outlook of $14.3 billion to $14.7 billion.

A Low Valuation and Upbeat Comments

In the wake of the downturn of SMCI stock following its Q3 report, the shares have a forward price-earnings ratio of 24 times. That’s extremely low for a company whose top and bottom lines are growing as quickly as Super Micro’s are. And the hardware maker’s ongoing partnerships with top AI chipmakers Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Intel (NASDAQ:INTC) leave Super Micro well-positioned to continue to benefit tremendously from the ongoing AI revolution.

Super Micro’s innovative cooling techniques significantly reduce data center operators’ power costs. It should also keep it very well-positioned in the rapidly expanding AI hardware market.

During the company’s earnings conference call, CEO Charles Liang noted that the firm’s cooling mechanisms reduce data centers’ energy costs by as much as 40%. It also enables them to “allocate a greater portion of their finite power resources to computing instead of cooling.” As a result, the firm’s products significantly increase data centers’ bottom lines.

Also on the conference call, Liang stated that “we had a strong quarter with more to come.” He added that “this is just the beginning of our long-term high volume…liquid cooling mission.” The CEO even predicted that AI’s rapid expansion would continue “for many quarters, if not many years to come.” He said the firm’s revenue is not being constrained by demand, but by supply.

Taken together, Liang’s comments indicate that the demand for Super Micro’s products is extremely strong. The latter situation is likely to continue for a very long time.

The Street’s Overreaction to a Tiny Revenue Miss

The downturn of SMCI stock seems to have been caused by the fact that its Q3 revenue came in $50 million below analysts’ average estimate of $3.9 billion. Those $50 million represented just 1.3% of the company’s overall sales.

Focusing on such a truly tiny top-line miss and ignoring all of the other very positive aspects of the firm’s report, along with its low valuation, does not make much sense.

On the date of publication, Larry Ramer held long positions in SMCI and INTC. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.    

Larry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for 香港六合彩玄机 in 2015. Among his highly successful, contrarian picks have been SMCI, INTC, and MGM. You can reach him on Stocktwits at @larryramer.

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Just to recap, IonQ opened the first dedicated quantum-computing manufacturing facility in the U.S. This company is a quantum-computing innovator, but it remains unrecognized among investors. That’s actually a good thing, though as IonQ could easily be the next Nvidia and should be top-of-mind on Wall Street soon enough.

IonQ Develops Use Cases for Quantum Computing

Why did Nvidia stock soar in 2023 and 2024? This happened because the demand for artificial intelligence processors exploded, and Nvidia specializes in AI-enabled processors.

Similarly, IonQ specializes in quantum-computing technology, so IonQ stock offers a pure play in this emerging field. Granted, you might not be aware of the various use cases for quantum computing. For one thing, it can help to provide the vast computing power that’s required for AI applications.

There are other use cases, as well. For example, IonQ is teaming up with German-based science research center Deutsches Elektronen-Synchrotron. Together, they will advance quantum-computing technology in the field of flight-gate optimization.

Furthermore, IonQ is collaborating with Oak Ridge National Laboratory (ORNL) to “explore how quantum technology can be used to modernize the power grid.” This crucial research project is funded by none other than the U.S. Department of Energy.

IonQ Stock Traders: Mark Your Calendar for This Date

As you can see, IonQ is a highly active specialist in an exciting technology field. Is IonQ able to generate substantial revenue, though? The answer, as the data will show, is definitely yes.

Here’s the evidence. In 2023’s fourth quarter, IonQ generated $6.106 million in revenue. That’s up 60% year over year compared to the $3.807 million in revenue that IonQ reported in the year-earlier quarter. Plus, this result beat Wall Street’s consensus call for $5.8 million in revenue.

Due to the company’s expenses, IonQ recorded a Q4-2023 net earnings loss of 20 cents per share in 2023’s fourth quarter. Interestingly, the analysts’ consensus estimate calls for IonQ to generate $6.6 million in first-quarter 2024 revenue.

IonQ’s guidance predicts that the company will generate Q1-2024 revenue of $6.5 million to $7.5 million. The midpoint of that guidance range ($7 million) is higher than what Wall Street expects ($6.6 million). Is it possible that the company knows something that the analysts don’t?

Additionally, the analysts’ consensus estimate calls for IonQ to lose 25 cents per share in Q1 of 2024. That’s a low bar to clear, since IonQ only lost 20 cents per share in 2023’s third quarter and 14 cents per share in the year-earlier quarter.

So, mark your calendar for May 8. That’s when IonQ will publish its first-quarter 2024 results and, potentially, deliver not-as-bad-as expected results – i.e., a positive surprise.

IonQ Stock: Hold Through Earnings For Best Results

As we’ve discovered, IonQ is discovering new and important use cases for quantum-computing technology. Hence, for a pure play on the quantum-computing revolution, forward-thinking investors should take a share position in IonQ.

Moreover, the time to take action is now. IonQ has a prime opportunity to beat the Street’s muted expectations on May 8. With that in mind, I encourage you to get a head start in May and buy IonQ stock today.

On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) 香港六合彩玄机.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.

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The post Seize the Quantum Opportunity: Why You Should Buy IONQ Stock Before May 8 appeared first on 香港六合彩玄机.

Although there will be a slowdown, the economy will remain strong. You must invest in these key penny stocks to buy while they are at a discount to maximize your returns. The slight economic turbulence is the opening for a prime time for you to invest in these companies. These companies are innovating and creating great growth and profit opportunities: IQ is growing its digital library, ICL is expanding its customer base (massively) and GERN is opening new revenue streams. These companies all stand out as strong opportunity that I definitely would not want to miss. Invest now!

IQIYI (IQ)

IQIYI (NASDAQ:IQ) is a leading provider of online entertainment video services in China. Its platform combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. 

The global video streaming market size was valued at $138.47 billion in 2022 and is expected to expand at a CAGR of 20.89% during the forecast period, reaching $432.24 billion by 2028.

IQIYI showed its financial growth during Q4 2023. The company reported $7.71 billion in revenue, a YOY increase of 1.5%. The net income of $466.23 million grew by 53.24% YOY, and the diluted EPS of $0.49 grew by 16.67%. Overall, it was a successful Q4. Although the revenue slightly missed the analyst’s expectation by 0.34%, the diluted EPS beat the analyst’s expectation by 6.54%. 

First, IQIYI is located in China, so its large population and growing middle class should provide a significant market for online video streaming services. Additionally, IQIYI is making itself special by having a diverse content library that includes licensed and original programming which ranges from movies and dramas to variety shows and documentaries. IQ will be a great option among penny stocks to buy.

ICL Group (ICL)

ICL Group (NYSE:ICL) is a manufacturing company that makes fertilizer and other chemical products. The stock is down 4.83% YTD. Investors rate the stock as a “Hold” but target a high price of $6.00 from a current price of $4.73.

ICL’s financials have not fared very well over the last year. In 2023, revenue was down to $27,793 million, a 17.41% decrease from the previous year. However, this is still a massive improvement from three years ago, when the stock was only $17.343 million in revenue. This indicates overall growth in the company. Additionally, the company’s cash and ST investments grew by 18.93% in the last year, which shows the potential for cash to be deployed for significant future returns.

ICL competes in the agricultural market, which has a forecasted CAGR of 15.6% and is predicted to reach $5.71 billion by 2033. Government grants and initiatives are driving sector growth. Additionally, the favorability of regenerative farming is becoming vital to the industry’s overall rise in value.

A key catalyst for ICL is its opportunities to expand into other regions. For instance, it recently acquired a biological company called Nitro 1000 in Brazil. Using the company’s specialty in soybean and sugarcane crops, ICL can offer a sustainable farming solution to its customer base in Brazil.

Ultimately, ICL is a penny stock with large growth potential.

Geron (GERN)

Geron (NASDAQ:GERN) is a leader in biotech, focusing on creating cancer treatments targeting telomerase, an enzyme that accelerates the growth of cancer cells. Its drug, imetelstat, is still being tested. However, recently, it has been approved by the FDA advisors.

GERN is not profitable yet, burning through $184.13 million in 2023. However, this is changing, with analysts expecting profit starting 2026. This optimism is reflected in price targets, which are, on average, 22.7% above the current price. This is despite an EBITDA of -$193.5 million. Pending full FDA approval, GERN’s profits will rise, leading to an increase in stock price.

The biotech sector is expected to grow at a CAGR of 14%, reaching $3.62 trillion by 2032. This is a promising growth trajectory and ensures that sector-wide growth will occur. The company’s stem cell-based products are also licensed, which is another revenue stream. This combination of factors positions the company for growth in the upcoming years.

Multiple BB banks rate GERN as a “Buy” or “Overweight” stock. Given its current valuation, investors should scoop up shares while they’re cheap.

On the date of publication, Michael Que did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

The researchers contributing to this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

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Retail investors enjoy a significant advantage over institutional buyers when hunting for promising stocks due to their ability to tap into hidden opportunities, often too small for large fund managers to consider. Institutions typically deal in massive sums of money and are hesitant to invest in thinly traded stocks, which can become highly volatile during large transactions. This volatility results in increased transaction costs and diminishing trading profits. Of course, on the flip side, for retail investors like us, companies such as the ones detailed in this article provide a growth opportunity like none other.

GigaCloud Technology Inc. (GCT)

GigaCloud Technology Inc. (NASDAQ:GCT) is a leading B2B e-commerce company that caters to domestic and international markets and focuses on large parcel goods. According to Yahoo Finance analysts, the stock will trade between a one-year range of $35-$46, with an average stock price of $40.50.

In its recent FY 2024 report, its flagship GigaCloud Marketplace saw a tremendous 53.3% year-over-year (YOY) gross merchandise volume expansion. This marketplace aims to help integrate everything from payments to logistics in a user-friendly platform and has been the key driver behind its revenue reaching $703.83 million. With a combination of recent accretive acquisitions into Canada and India, investors can expect GCT to continue guiding double-digit growth.

Valuation-wise, GigaCloud’s trailing 12-month price-to-earnings (P/E) ratio of 14.77x still sits slightly lower than its industry median of 17.52x. Given the company’s diverse revenue streams, and continued efforts to expand with both sustainable and profitable growth, retail investors should consider GCT before this stock takes off. 

Heidrick & Struggles International (HSII)

Heidrick & Struggles International (NASDAQ:HSII) is a company that works to provide talent services on demand to global businesses. The company also works to help out clients by overseeing the recruitment of various executives. Yahoo Finance analysts estimate that the stock will trade between a one-year range of $30 to $40, with an average stock price of $35.67. This is fairly above the current price of around $29. 

The company also recently acquired Businessfourzero, which is a London-based company that also performs consulting services. They have expertise in developing talent and will allow Heidrick & Struggles to expand its client base and ability to drive growth in the companies it works for. 

The company is certainly growing and the company experienced a significant 36% increase in net revenue in the fourth quarter of 2023. With a P/E ratio of 11.55x compared to the industry average P/E ratio of 27.58x, the stock is likely to be undervalued and has loads of upside. Thus, investors should definitely be on the lookout to scoop up some shares. 

NextEra Energy (NEE)

NextEra Energy (NYSE:NEE) produces, delivers, distributes and markets electricity to both retail and wholesale clients across North America. Most notably, they are a leader in managing long-term contracts related to clean energy solutions. Yahoo Finance analysts estimate that the stock will trade between a one-year range of $44-$102, with an average stock price of $72.75.

NextEra is an example of an amazing Dividend Aristocrat trading at a relatively discounted price. Currently, management guides that NEE will continue to grow its dividend by at least 10% per year till 2026.  see a 10% dividend hike. NextEra’s financials are also in a great position. Its earnings per share (EPS) is set to grow at 7% for the next five years, largely driven by the Inflation Reduction Act supporting NEE’s continued dominance in the U.S. renewable energy market.

Surprisingly, NextEra’s P/E ratio of 18.03x still sits relatively undervalued compared to its industry average P/E ratio of 24.53x. For any investor looking to scoop up some shares into a dividend growth king, NextEra should definitely not be overlooked. 

On the date of publication, Ian Hartana and Vayun Chugh did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chandler Capital is the work of Ian Hartana and Vayun Chugh. Ian Hartana and Vayun Chugh are both self-taught investors whose work has been featured in Seeking Alpha. Their research primarily revolves around GARP stocks with a long-term investment perspective encompassing diverse sectors such as technology, energy, and healthcare.

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However, much of that attention focuses on risky, speculative firms that generally make poor investments. The stocks discussed here are all from this list. It tracks the most mentioned meme stocks to buy from the Reddit page wallstreetbets. 

While these firms aren’t generally speculative or particularly risky, they have each faced or are facing significant, potentially damaging factors. As the title suggests each stock also continues to make sense as an investment. Let’s dive a little deeper into each of the three meme stocks to buy and the reasons that they may sense at the moment. 

Tesla (TSLA)

Tesla (NASDAQ:TSLA) stock continues to face significant hurdles and is definitely a contrarian pick at the moment. The company certainly has become a meme stock over the past several years. That’s partly due to the personality of CEO Elon Musk and more recently due to trouble plaguing the EV sector.

It’s very easy to find headlines suggesting that Tesla may have bottomed or will soon bottom. The market is generally hopeful that the worst is over. Participants sense that there’s a substantial opportunity. Bullish investors continue to feel that way despite a sales miss and negative free cash flows shown in the Q1 earnings report.

Any investors seeking evidence of an opportunity should look at the very simple price to earnings ratio. It is not far from a 10-year low currently. it also sits at roughly 40% of the median PE ratio over the last decade. Even if Tesla Falls lower it is nearly certain that it will rebound above current levels in the not too distant future. electric vehicles are far from finished, Tesla is far from finished, and should be an easy contrarian pic at the moment.

Microsoft (MSFT)

Microsoft (NASDAQ:MSFT) is currently more associated with the rise of AI than it is with memes. Nevertheless, the company still gets a lot of attention for the latter. Internet humorists like to poke fun at Microsoft teams, the costs associated with Office installation and the idea that Microsoft continues to overspend in the gaming sector.

Good humor often reflects reality to some degree, but Microsoft continues to be an excellent investment. The company did not become the most valuable firm globally for no reason. It isn’t infallible, and the company continues to make mistakes. However, it also continues to make better strategic and acquisition decisions more often than not. 

Companies the size of Microsoft do not manage to grow by 18% as it did in the most recent quarter without making strong decisions. Yes, Cloud Revenue growth was impressive, having grown by 24%. However, Microsoft showed double digit growth across multiple business segments and those who invest in it in the long-term will get the last laugh. 

Carnival (CCL)

Carnival (NYSE:CCL) stock continues to ride a roller coaster as the economy tries to find its footing. Over the past year it’s up more than 67%. However, in 2024 it has fallen by more than 13%.

Investors should continue to lean bullish because Carnival continues to head in the right direction. The company reported all-time high booking volumes. Demand is particularly high moving into 2025.

The company’s losses continue to narrow as it finds its way back out of the pandemic. Importantly, those losses narrowed more than anticipated in the most recent quarter. Remember, cruise operators were forced to cease operations during the pandemic. However, unlike airline operators they were not subject to bailouts because they tend to register offshore in tax havens. The result is that they had to take on substantially more debt in order to survive while their assets sat idle.

The point here is that they have survived and Carnival’s narrower than expected losses serve as evidence that it is headed in the right direction. 

On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Alex Sirois is a freelance contributor to 香港六合彩玄机 whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.

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The thing is, the long-term returns for many stable and growing crypto ecosystems speak for themselves. There are “make or break” assets in this space that have the potential for tremendous long-term growth and significant downside over certain periods. It’s this volatility that many focus on, but zooming out, it’s also clear that the long-term trends are generally in investors’ favor.

Investors should focus on three top cryptos to watch as long-term holdings in the make-or-break bucket.

Solana (SOL-USD)

For investors bullish on the future of decentralized finance, Solana’s (SOL-USD) high-speed and low-cost network provides a key catalyst worth considering. Currently, several technical factors are driving most of the momentum around this token, with Solana nearing a pivotal point at $133.77, likely deciding its immediate direction. Above, bullish sentiment; below, potential selling pressure. Many technical investors point out key resistance levels at $145.41, then $160.58 and $175.43, likely targets for buyers.

Speculation surrounds whether Solana will hit $200 in May. Recent data suggests a potential price reversal as SOL’s volume dropped during its decline, signaling a nearing end to the bearish trend. However, the high Funding Rate and decreasing RSI indicate the possibility of continued bearishness.

Over the past 24 hours, Solana faced increasing bearish sentiment, jeopardizing its May $200 potential. It dropped over 5%, continuing a 27% decline in 30 days. Despite worries, technical indicators offer hope for a Solana rally.

Avalanche (AVAX-USD)

Layer 1 blockchain Avalanche (AVAX-USD) dropped 2.9% over the past 24 hours to $34.18, reflecting a bearish trend and a market cap of $12.96 billion, with trading volume decreasing by 10% to $311 billion. Currently, this project has 378.2 million coins in circulation, with a maximum supply of 715 million.

However, AVAX remains stable, holding above support levels despite pullbacks, with RSI around 48, indicating potential stabilization and growth. In my previous crypto article, I stated that despite a 55% decline from $65 to $30 on April 13, rebounding to $38, AVAX remains profitable at 57.68%.

Aside from technicals, there are some unique factors investors are considering with this growth project right now. Recently, Avalanche announced integration with fintech Stripe, allowing more accessible wallet funding and digital asset purchases via the Core ecosystem wallet. Stripe now supports stablecoin transactions after previously avoiding crypto due to volatility.

John Egan, Stripe’s crypto head, initiated the collaboration with Avalanche to align the company’s goals with their aim of making web3 more accessible. Stripe will manage KYC, fraud, and compliance for this partnership. Avalanche investors expect the integration to attract more capital, increasing token prices over time.

Ethereum (ETH-USD)

Although Bitcoin has claimed 2024 to be its year, Cathie Woods argues Ethereum (ETH-USD) may be a better option. With a target market cap by 2032 of $20 trillion and over 120 million tokens in circulation, this could impose a $166,000 price per token. That is if the analysts get it right (and that’s very hard to do in this space).

With that price, six ETH tokens could amount to $1 million. Etherum’s market cap target amounts to $20 trillion, but experts also think it won’t happen that soon. Wood suggests that if Ethereum could offer more utility and adoption, it could increase its token price.

Ethereum is very advantageous for smart contracts, making it a top asset to have in the long term. Investors should focus more on this token than other crypto options for substantial gains.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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A good way to identify potential penny stock winners is by looking for companies that are growing rapidly and are at or near profitability, with little-to-no dilution risk. Most penny stocks are highly dilutive, which ends up crushing the stock in the long run, even if the company manages to stay afloat.

Thus, it’s prudent to focus on investing in penny stocks with underlying businesses that have some form of buffer, while providing growth that could carry the share price higher over the long-term. In the penny stock world, separating the wheat from the chaff is crucial.

Here are three penny stocks that fit that criteria.

Zedge (ZDGE)

Zedge (NYSEMKT:ZDGE) is a company that operates digital marketplaces and develops games. The company offers a range of products and services, including ringtones, wallpapers, and sounds for your phone. Additionally, Zedge provides a game for photo challenges, and serve as a trusted source for emojis.

Zedge is one of the more beaten-down stocks in this list, and that is for many reasons. The biggest reason is that Zedge’s customer base is predominantly Android-based. Android phones have seen declining market share in recent years. Moreover, iOS users aren’t too enthusiastic about customization. On top of that, Apple’s (NASDAQ:AAPL) App Transparency Tracking (ATT) framework has made paid iOS user acquisition less efficient and more expensive.

However, it isn’t all doom and gloom with this company. Zedge could see a major turnaround as it has begun implementing AI-made content into its offerings. A potential ace up the company’s sleeve is its massive user base. The Zedge app has been downloaded over 436 million times (as per 2023 data) and had more than 30 million monthly active users. This is a very big user base the company can monetize with its low-cost AI-made Wallpapers and even Ringtones.

Moreover, Android phones are far from dead. Android’s market share fell slightly in 2023 but is expected to gain this year to 70.69% against iOS’ 28.58%. Analysts see a big rebound in profitability next year, meaning you’re currently paying slightly over 11-times forward 2025 earnings. Revenue growth is also expected to come in at 8% this year and 15% next year, indicating big turnaround potential.

TeraWulf (WULF)

TeraWulf (NASDAQ:WULF) has traditionally been a Bitcoin (BTC-USD) mining company, but it is quickly diversifying its operations. What sets it apart from other miners is that the company uses nuclear energy and other zero-carbon energy sources to mine Bitcoin. This makes it look like a much better choice for institutional investors who want a stake in crypto mining without harming their ESG scores, since most Bitcoin miners have poor ESG ratings.

I believe Bitcoin will likely rise more this year after its correction. Bitcoin tends to build up a lot of momentum in the months following the halving after a correction, and we could see the same thing play out this time around. However, what makes me more bullish on WULF stock is that the company is expanding into HPC (High-Performance Computing) and AI zero-carbon infrastructure.

The mining costs here are actually quite low – TerraWulf’s energy costs have only accounted for around 54% of the company’s total cost of production at just $0.0035/kWh. Its 2024 guidance points to its mining cost per Bitcoin rising from $25,149 to $36,780 after the halving. Thus, analysts expect earnings per share to rise from 4 cents in 2024 to 22 cents in 2025. The current price of the stock is just 10-times 2025 earnings. To top it off, revenue is also expected to grow 147.3% this year and 30.1% next year.

Lantronix (LTRX)

Lantronix (NASDAQ:LTRX) provides a range of software, connectivity services, and engineering services. These offerings include IoT building blocks & gateways, cloud-based device management, and automated downtime managers. In simple terms, this company is involved in the cloud and data center business, which is red hot.

It is difficult to find pure-play cloud and data companies in the current environment, especially one as cheap as Lantronix. LTRX stock has been basically trading sideways over the past six years.

However, I believe this penny stock could see a breakout similar to Data Storage Corp’s (NASDAQ:DTST) recent run. It trades at less than 10-times forward earnings, driven by growth that hasn’t been stellar of late. But if the company can land big contracts with some AI players, we could see big moves to the upside.

The available market the company is addressing in the three different verticals is $8.5 billion, and management expects the company’s compound annual growth rate over the next few years to be approximately 12%. Notably, Lantronix grew revenue by 25% year-over-year and beat on both the top and bottom line in its recent earnings report.

On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Omor Ibne Ehsan is a writer at 香港六合彩玄机. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn.

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It’s important to note that portfolio diversification is important for capital preservation and healthy returns. A key aspect of portfolio diversification for the next decade is exposure to emerging markets. GDP growth in emerging markets will be meaningfully higher than in developed markets.

This column focuses on three undervalued Indian stocks that can double before the end of 2025. I believe these stocks are worth holding for the next five years.

Let’s discuss the reasons for being bullish on these stories.

HDFC Bank (HDB)

HDFC Bank (NYSE:HDB) is among the most undervalued Indian banking sector stocks to buy. HDB stock has declined by 17% in the last 12 months. However, the downside seems to be capped from current levels for this 1.2% dividend yield stock.

My view is underscored by the point that out of 42 analysts covering the bank, 88% have a buy rating and 12% hold rating. Further, the low-price target is $58.3, which is equal to the current market price. On the other hand, the most bullish estimate is for a price target of $86.7. This would imply a rally of almost 50% from current levels.

An important point to note is that India is likely to remain among the fastest-growing economies in the world. The banking sector is the backbone of economic growth, the basis of the bull thesis for HDFC Bank.

I must add that the bank continues to report stable asset quality. Further, the capital adequacy ratio is healthy at 18.8%. If inflation declines and policymakers cut rates, it will be a key catalyst for robust credit growth.

WNS Holdings Limited (WNS)

WNS Holdings (NYSE:WNS) stock has witnessed a sharp correction of 50% in the last 12 months. With WNS stock trading at a forward price-earnings ratio of 9.7, this seems like a good buying opportunity.

As an overview, WNS Holdings is a business process management company. For fiscal year 2024, WNS clocked revenue of $1.3 billion, which was higher by 8.1% yearly. While WNS stock has plunged, the company added nine new clients in Q4 2024 and expanded its relationship with 40 existing clients.

An important point is that WNS has focused on aggressively investing in AI and Generative AI. This is likely to help WNS retail clients.

Further, macroeconomic headwinds have impacted client budgets globally. With the possibility of rate cuts in 2024 and 2025, I expect GDP growth acceleration to be positive for WNS. The stock downside is, therefore, a good accumulation opportunity at a valuation gap.

Yatra Online (YTRA)

Let me end with a micro-cap stock discussion. Yatra Online (NASDAQ:YTRA) is an undervalued online travel and tourism operator in India. YTRA stock has declined by 29% in the last 12 months and looks poised for a strong reversal rally.

It’s worth noting that MakeMyTrip (NASDAQ:MMYT) is India’s largest online travel company. However, MMYT stock has surged 180% in the last 12 months and valuations look stretched. On the other hand, YTRA stock seems to be underrated, but the downside is capped at current levels.

A big reason to like Yatra is that the company has positioned itself as a leading player in the corporate travel market. Yatra has 8,000 big corporate clients and an addressable employee base of over seven million. This sets the company apart from its peers and provides ample headroom for growth.

At the same time, Yatra has initiated investments and focused on the business-to-consumer market. In this segment, the company directly competes with MakeMyTrip. Indians will be the fourth largest spenders on travel and tourism by 2030. With a big market, there is ample scope for growth for multiple players.

On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.

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The platform’s cryptocurrency trading increased by 86% to reach $6.5 billion. If these numbers can continue, there’s certainly a lot to like about this stock’s potential. Of course, this is among the most closely-watched growth stocks that also carries significant risk. Let’s try to square these two ideas and dive into whether this stock is a buy, sell or hold.

Interest Income and HOOD Stock

In February, Robinhood surprised investors with a profitable fourth quarter. Strong results were driven by increased interest income and trading activity. Shares surged 10% after the announcement, benefiting from higher interest rates.

The company reported robust revenue growth in 2024, driven by increased net deposits, rising gold adoption, and market share gains. Robinhood now aims for margin expansion, expecting a stable to slightly increased head count this year.

Analysts also expect a 1 cent net loss, despite the company recently posting a 3 cent per share profit.

Interestingly, Robinhood’s recent growth has been driven by increased margin investing. This has allowed the company to lend eligible customers money for securities, but is a strategy that also carries risk.

Net revenue increased from $167 million to $236 million in the past year. Transaction-based revenues, driven by crypto trends, saw impressive growth. But as mentioned, these catalysts are certainly ones to put in the higher risk bucket.

Despite seeing a 4% decline in monthly active users, the company also saw over 23% increase in average revenue per user. Overall, the numbers are pointing in the right direction, and that’s why HOOD stock is up significantly this year.

Fintech Innovation at Its Finest

After being in the market for over 10 years, Robinhood aims to democratize the finance sector with more accessible and affordable investing options. The company introduced zero-commission trading and popularized fractional shares, prompting changes in brokerage models.

However, Robinhood has seen some slow engagement in investing and received backlash for promoting impulsive investing moves.

Last year, Robinhood generated $1.9 billion in revenue despite facing hurdles. That said, the company did struggle with profits, reporting over $500 million loss for the year. Although customer growth was crawling, funded customers saw a 1.7% increase from the previous year.

HOOD Stock is Not for the Faint Heart

For investors who want low risk investments in finance, HOOD stock could be a bet that’s not worth making.

This company is expected to have significant volatility, which may deter some investors. That’s understandable, and a reality that isn’t likely to change moving forward.

That said, there is something to Robinhood’s core business model that remains attractive to many long-term investors. Unlike traditional brokers, Robinhood attracts younger investors, positioning it for future growth as these investors accumulate wealth.

Analysts have pointed out Robinhood’s relatively tiny share of U.S. self-directed assets, but significant share of self-directed brokerage accounts.

Investing in Robinhood might be challenging, especially for risk-averse investors or Bitcoin (BTC-USD) critics. However, those willing to tolerate volatility may see growth, given Robinhood’s appeal to younger clients with growing wealth.

I’m going to put Robinhood in the cautious buy category for now, but only for investors who have the risk tolerance to ride out the volatility with this stock moving forward.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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Here are three disruptive cryptos I think could ride the tailwinds provided by growth in decentralized finance activity higher over the long term. These are leaders in this respective space and are well-positioned for continued upside, so long as user growth metrics continue higher.

Ethereum (ETH-USD)

Attracting both investors and regulators, Ethereum (ETH-USD) remains a significant player in the crypto space next to Bitcoin. With its spot ETF’s approval still in process, other jurisdictions have already approved its offerings. Meanwhile, a lawsuit by Ethereum developer ConsenSys against the SEC challenges regulatory overreach, sparking community support.

Ethereum gas fees hit a six-month low despite Ether’s weekend rally, suggesting a potential altcoin surge, according to Santiment analysts. On April 27, the average Ethereum transaction fee dropped to $1.12, signaling a cyclical pattern linked to market sentiment.

Ethereum gas fees hit an eight-month high in February amid interest in ERC-404. The analytics platform suggests low fees could spur network activity and an altcoin rally.

Uniswap (UNI-USD)

Facing a potential legal action from the SEC due to its operations in the U.S., Uniswap (UNI-USD) is another controversial crypto that could change the financial market. The SEC’s concerns focus on Uniswap’s UNI tokens, which it views as securities, while Uniswap argues they’re digital file formats, not securities. Despite the Wells notice, Uniswap maintains its tokens are legal and criticized the SEC’s inconsistent enforcement and ambiguity in crypto-asset regulations.

Various experts have observed that Uniswap, operating on Ethereum’s layer 2, now represents about 37% of the total trading volume. Over 24 months, Uniswap’s L2 volumes surged over 650%, from $4 billion in 2022 to $30 billion. Analysts suggest this trend could accelerate with the launch of quality protocols on layer 2 networks like Arbitrum and Optimism.

As Ethereum’s pioneering decentralized exchange, UNI leads on-chain trading with over $2 trillion in volume across 17 chains. DefiLlama data shows $5.5 billion locked in Uniswap. Recently, the SEC issued a Wells Notice to Uniswap, prompting a defensive response.

OriginTrail (TRAC-USD)

OriginTrail (TRAC-USD) operates as a decentralized knowledge center, efficiently connecting data providers, creators, holders and seekers. It aims to offer an open-source, secure platform for information sharing and network monitoring.

Significant firms like Home Depot (NYSE:HD), Walmart (NYSE:WMT) and Target (NYSE:TGT) utilize its supply chain and auditing services, endorsed by the U.S. Department of Homeland Security. OriginTrail entered the market via a token sale on January 17, 2018, drawing immediate investor interest, including backing from Greg Kidd.

In other TRAC-related news, PolkaBotAI, OriginTrail and Polkadot collaborated to decentralize AI education. Led by PolkaBotAI, they aim to launch a decentralized AI education hub on Polkadot, supported by the Polkadot Treasury. The initiative seeks to create a Verifiable Internet for AI, addressing AI’s growth and challenges.

OriginTrail proposed the Verifiable Internet for AI to address AI’s issues, such as biases and intellectual property mishandling, through decentralized knowledge. It has become a leading advocate for combating misinformation in the AI adoption era.

On the date of publication, Chris MacDonald did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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The nanodevice segment dominates the market with a 53.6% revenue share, while the healthcare & pharmaceuticals segment accounts for the largest revenue share of 32.8%. North America leads the market with a 34.7% share, followed by Asia Pacific, which is expected to grow at the fastest rate moving forward.

Given the fast-growing nature of the industry, I believe there are some nanotech stocks that could make lucky investors millionaires overnight. These firms are deniably risky and speculative, but they could pay off in spades if the right conditions are met.

So here are three nanotech stocks that could mint new millionaires overnight.

NanoViricides (NNVC)

NanoViricides (NYSE:NNVC) develops antiviral therapies utilizing nanotechnology. The company reported the successful completion of its Phase 1a/1b clinical trial for NV-CoV-2, its broad-spectrum antiviral drug. The trial, focusing on COVID-19 treatment, showed no adverse events.

In 2024, NanoViricides aims to continue advancing NV-CoV-2 through further clinical trials, expanding its treatment capabilities to address unmet medical needs. The company’s stock has seen moderate volatility, with analysts setting a price target of $6.50, which is more than a 400% implied upside at the time of writing.

Additionally, NanoViricides has expanded its pipeline, developing therapies for various viral infections, including respiratory syncytial virus (RSV), shingles, and other enveloped viruses​. The biotech industry is volatile and risky enough without throwing nanotech into the mix, but it may also significantly enhance NNVC’s upside.

These firms are all or nothing proposition, exactly what an investor wants in a company for this type of risk.

Luna Innovations (LUNA)

Luna Innovations (NASDAQ:LUNA) focuses on advanced technology solutions, including fiber optic sensing systems and nanotechnology for various industries.

The company reported revenue growth, with total revenue for the nine months ended Sept. 30, 2023, increasing to $84.9 million, up 9% from the previous year. However, net loss from continuing operations was $1.9 million, though adjusted EBITDA was $7.8 million, indicating some operational progress​.

For 2024, Luna aims to strengthen its technological advancements in fiber optic sensing systems and other areas, reaffirming its position in the market​.

This nanotech stock has shown volatility, but analysts forecast a positive outlook, with a consensus price target of $10. This gives it an upside of over 380% at the time of writing.

Furthermore, its tiny market cap of just $69 million and negative earnings makes it especially risky. However, its also that needed juice required to mint new millionaires overnight.

Nano Dimension (NNDM)

Nano Dimension (NASDAQ:NNDM) provides 3D printing solutions for electronics, incorporating nanotechnology for innovative manufacturing.

3D printing was all the rage before AI swept up the speculative dollars flowing into it. NNDM could still be a multibagger, and it’s a slightly less speculative company compared with the other firms listed.

The company’s revenue for 2023 reached $56.3 million, marking a 29% increase compared to 2022​. In Q1 2024, Nano Dimension reported consolidated revenues of approximately $13.2 million. The company also achieved a significant reduction in cash burn, decreasing by 75% compared to Q1 2023.

Nano Dimension has been expanding its strategic initiatives, particularly through mergers and acquisitions, while also pursuing share repurchase programs​. For 2024, the company aims to continue consolidating its position in the additive manufacturing market, with a focus on improving its operational efficiency and profitability. This includes plans for continued growth in its core business areas and capital allocation to support its multi pronged strategy.

On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.

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With a key Q1 2024 earnings report on tap for investors on May 7, there will be plenty to watch. Here’s what investors hope for good news from the social media company will want to consider, and why I think it may simply be best to wait on the sidelines until the numbers have been released.

Earnings Report on May 7

Reddit will release its first-quarter earnings report on May 7 after the market closes. Analysts are expecting -$2.34 in earnings per share for this quarter, with advertising revenue growth likely the key focus for many investors.

Analysts expect the company’s advertising sector to see significant growth, particularly with recent strategies put in place by Reddit’s management team to monetize its existing user base.

This advertising segment is expected to reach $870.9 million in revenue over the next three years. That would represent significant growth from 2002 numbers of only $601.8 million.

Investors are excited about the potential growth and high-margin opportunities in other areas like data monetization. We’ll have to see how much progress has been made in this regard.

Most analysts view RDDT stock as a buy heading into this print, with an average price target around $50 per share. The thing is, those numbers could change drastically after the print, and I expect some key analyst updates to follow this release.

What Makes RDDT Stock a Buy

Launched in 2005, Reddit became a general platform for various online communities called Subreddits. As of 2023, more than100,000 Subreddits have been created, propelling Reddit to become one of the most-viewed social media platforms in the key U.S. market. 

Reddit has been a major player in meme stock hype and trends. The platform reached 73.1 million daily active unique users in 2023, higher than the previous year’s 57.5 million.

If we do see this recent meme stock/meme crypto rally continue, there’s obvious upside here for Reddit.

The company’s recent financial performance is also worth noting. Revenue growth has been strong, but profitability has lagged. If the company can show improved profitability (which shouldn’t be hard, given the company’s gross margin of around 86%), investors may reward the stock.

The question is just how quickly the company can grow toward profitability, and what the path forward looks like.

Things to Consider

Despite improved revenue and gross margins, Reddit remained unprofitable in 2023, reporting a net loss of $90.8 million. That’s an improvement from 2022’s $158.6 million loss.

However, many investors in top tech stocks often prioritize growth over profitability, so RDDT stock may remain under pressure until some sort of timeline for profitability is cemented in investors’ minds.

With most of its revenue generated from digital advertising, Reddit plans to diversify, including potential data sales. Its vast data from subreddits could be valuable for AI development, leveraging its 1.2 million daily posts and 7.5 million comments.

The Bottom Line on RDDT Stock

I think Reddit certainly does have some intriguing potential upside, but I’m among the investor group that simply wants to see more. There’s significant risk in buying this stock heading into its pivotal first earnings print. That’s being reflected in RDDT stock as we speak.

It’s my view that the company will need to show an earnest willingness to focus on profitability before certain investors step into this stock. So, with the market remaining on the fence, it’s going to be difficult to go against the grain with this one.

I’m going to be waiting to see what the company announces during its upcoming earnings report, and provide updates as they come. But for now, I’m on the fence.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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Sure, Meta Platforms (NASDAQ:META) is still losing money on it, but it’s not giving up on it either. In fact, META is now associating its metaverse plans with artificial intelligence (AI).

“Fueled by mainstream tech giants’ attempts to make metaverse popular in a Web2 fashion and technological advancements—such as high-speed internet and smartphones becoming tiny supercomputers—metaverse is expected to become a $5 trillion business by 2030,” as noted by CoinTelegraph.com.

As we wait to see what’s next on the horizon, let’s explore some top metaverse stocks you may want to buy and hold.

Roblox (RBLX)

Metaverse stocks like Roblox (NYSE:RBLX) have been beaten up recently, but it’s still a solid buy opportunity.

First, the company issued better-than-expected quarterly results, with an even better outlook for the fiscal year. True, it lost 52 cents in the fourth quarter, as bookings climbed 25.3% higher to $1.13 billion year-over-year (YOY). Analysts were looking for a loss of 55 cents on bookings of $1.08 billion.

Second, RBLX expects its Q1 bookings to come in between $910 million and $940 million. That’s above expectations for $902.6 million. For the full year, it expects bookings to come in between $4.14 billion and $4.28 billion. That’s above expectations for $4.06 billion. 

“Roblox said it expects its top line to grow by at least 20% each year through 2027. Roblox also said that it is targeting between 100 and 300 basis points of margin expansion each year as the company moderates spending. The company cited its ability to manage growth in fixed costs, including headcount,” as noted by Seeking Alpha.

Nvidia (NVDA)

Nvidia (NASDAQ:NVDA) could see even more upside with the AI and metaverse boom. After climbing to a high of $967.66, it’s now back to $830.41. This weakness could be a long-term opportunity. From that last traded price, I’d like to see NVDA run well above $1,000 a share this year. 

TD Cowen analyst Matthew Ramsay says NVDA is his “top pick” with a price target of $1,100.

“Checks continue to indicate strong demand” for Nvidia’s market-dominating artificial intelligence chips, even as the company increases its ability to supply that demand through (calendar years) 2024 and into 2025,” he added. 

“In the near term, the analyst says fiscal Q1 2025 should see Nvidia produce total revenue of $24.8 billion, of which a staggering $21.3 billion (86%) will come from the datacenter (which at this point means basically the AI chip) division. Assuming this is the right revenue number, it will equal 245% year-over-year growth, and 12% sequential, quarter-over-quarter growth,” as noted by TipRanks.com.

RoundHill Ball Metaverse ETF (METV)

We can also diversify at a low cost with the Roundhill Ball Metaverse ETF (NYSEARCA:METV).

With an expense ratio of 0.59%, the ETF is the world’s largest metaverse fund and should benefit from two key areas of growth. That includes “The Metaverse’s economic reach is anticipated to hit an impressive $10.7 trillion by 2033, signaling an era of unprecedented expansion,” as noted by RoundHillInvestments.com. “VR/AR headset shipments are forecasted to reach 31.1 million by 2026, indicating steady industry growth and market traction.” 

Since bottoming out at the start of 2023, the METV ETF ran from a low of about $7 to a high of $12.48. It has since pulled back to $11.87, which signals an opportunity. From its current price, I’d like to see it run back to $17 near term. Even better, the METV ETF is starting to pivot higher from overextensions on RSI, MACD, and Williams’ %R.

On the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Ian Cooper, a contributor to 香港六合彩玄机.com, has been analyzing stocks and options for web-based advisories since 1999.

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Sustainable agriculture is divided into five pillars, namely biological productivity, economic viability, protection of all natural resources, reduced levels of risk and social acceptance. I tried factoring as many of these pillars into my analysis as possible while retaining a capital market-based vantage point. Moreover, I ensured each of my picks have aligned quantitative variables.

Without further ado, here are three sustainable agriculture stocks worth considering.

Deere (DE)

Deere (NYSE:DE) is a household name that needs no introduction. However, Deere’s sustainability goals are somewhat overlooked. The company aims to reduce CO2 emissions by 15% by 2030. Moreover, Deere believes its machines can achieve a 20% increase in crop protection efficiency within the next six years.

The abovementioned factors won’t guarantee superior profitability. However, it can enhance Deere’s operational efficiency while aligning its stock with institutional investor mandates. Although Deere’s return on equity (ROE) ratio of 45.88% conveys operational prowess, there’s always room for improvement!

Furthermore, market data suggests it is a good time to invest in DE stock before its sustainable business practices take full effect. The company is fresh off an earnings beat wherein it surpassed its first-quarter earnings-per-share estimate by 98 cents. Moreover, Deere’s price multiples are aligned. For example, its price-to-earnings-growth ratio of 0.42x reflects a growth-at-a-reasonable price (GARP) opportunity.

I’m all for DE stock!

Bunge Global (BG)

Bunge Global (NYSE:BG) is an integrated food company that exports, processes and trades food commodities. 

In truth, Bunge’s business model is a mile-wide. However, sustainable agriculture is a common denominator among its many business divisions. Some of Bunge’s key initiatives include regenerative agriculture, novel seeds and renewable feedstocks. Moreover, in November 2021, Bunge pledged to reduce its greenhouse gas admissions by 2030.

The company’s baseline sustainable practices seem intact, adding sentiment and efficiency to its locker. However, Bunge’s fundamentals are also robust, making it a solid investment overall. 

Bunge’s strong fundamentals are echoed by its ROE ratio of 18.09%. Moreover, Bunge’s recent first-quarter earnings-per-share beat of 51 cents speaks volumes as a difficult input cost environment paired with compressed commodity prices presented a challenging period. 

Last, a worthwhile consideration is Bunge’s valuation. The stock’s price-to-earnings ratio of 8.32x is at a sector median discount of approximately 58%. Additionally, Bunge’s forward dividend yield of 2.56% stands out from the crowd and blends with BG stock’s relative value prospects.

Mosaic (MOS)

Mosaic (NYSE:MOS) presents upstream resource investors with a lucrative opportunity. The firm mines potash and phosphates and participates in adjacent components of the fertilizer business.

Mosaic plays a crucial role in the agricultural supply chain. Its fertilizers help farmers maximize their yields and enhance crop efficiency. Moreover, Mosaic has committed to hardline water and greenhouse gas sustainability goals, which are set to be realized by 2025.

The firm’s dominant display is communicated by its leveraged free cash flow margin of 8.45%, which is higher than the sector median of 5.33%. Additionally, Mosaic possesses a comprehensive five-year compounded annual growth rate (CAGR) of 7.39%, conveying its secular prospects.

Furthermore, Mosaic’s interim value drivers are intact, enabling it to produce $1.2 billion in 2023 full-year net income and return $1.1 billion to its shareholders via dividends and stock repurchases.

I’m definitely bullish about MOS stock, especially considering its well-positioned price-to-earnings ratio of 8.82x.

On the date of publication, Steve Booyens did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for institutional equity research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary – University of London. Furthermore, Steve has passed all CFA Levels and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve’s articles on 香港六合彩玄机 form an interesting juxtaposition between mainstream opinion and objective theory. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.

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This analysis by JPMorgan suggests that these stocks may be overvalued and poised for a potential downward trajectory. Thus, if you own or are thinking of buying any of these shares, you may want to consider doing more due diligence. With that information, here are three JPMorgan price target cuts.

Meta Platforms (META)

Wall Street’s love of generative artificial intelligence (AI) has put increased focus on Meta Platforms (NASDAQ:META), the first of our JPMorgan price target stocks. Since reporting earnings on Apr. 24, Meta shares have come under pressure and are now trading at multi-month lows. The light revenue forecast, increased spending, and concerns about profitability were among the factors that contributed to the plunge in Meta’s shares and average price target cuts by analysts.

Yet, this reaction overshadowed the company’s positive first-quarter 2024 results, which surpassed analyst expectations. Meta reported a 27% year-over-year (YOY) increase in revenue, reaching $36.46 billion. This increase marks the company’s fastest quarterly revenue growth rate since 2021. Net income also doubled YOY, rising to $12.37 billion or $4.71 per share.

However, investor sentiment focused on Meta’s conservative revenue forecast for the upcoming quarter. Management projected sales for the second quarter on average of $37.75 billion, falling short of analyst estimates of $38.3 billion. Additionally, concerns about Meta’s increased spending on non-profitable areas such as AI and mixed reality, contributed to the decline in shares.

Despite the recent sharp fall in shares, META stock has enjoyed a strong year-to-date rally of over 20%. Meanwhile Meta’s valuation appears stretched at over 32 times forward earnings and 8 times sales. Yet, Wall Street history shows us that that price declines in mega-caps like Meta Platforms do not typically last for long. Interested investors should do more diligence and keep an eye on the $400 level for potentially buying the dips in META shares.

Prologis (PLD)

We continue our discussion of companies about JP Morgan price target cuts with Prologis (NYSE:PLD), a real estate investment trust (“REIT”). Management focuses on strategically located logistic facilities, such as warehouses, near major transportation hubs like seaports, airports, and highways. This proximity allows businesses to efficiently receive, store, and distribute goods.

The REIT reported mixed financial results for the first quarter of 2024 in April. Net earnings per diluted share were 63 cents for the first quarter of 2024 compared with 50 cents for the first quarter of 2023. Core funds from operations (FFO) per diluted share was $1.28 for the quarter, compared with $1.22 for the same period in 2023.

Investors raised eyebrows as the logistics warehouse operator adjusted its 2024 guidance downward. This move reflects a potential moderation in the previously robust warehousing demand. Management acknowledged several factors contributing to this shift, including rising interest rates, a more cautious retail environment, and geopolitical uncertainties. Prologis also noted that these factors are prompting companies to adopt a more conservative approach to leasing decisions.

As a result, Prologis stock fell and is now hovering slightly above the 52-week low of $96.64 last seen on October 2023. Despite a 22% year-to-date decline, PLD stock still remains overvalued at around 45x forward earnings and 12x sales. While the shares yield an attractive 3.7% dividend, long-term investors may still want to wait before hitting the “buy” button on Prologis.

Silicon Laboratories (SLAB)

The final pick among JPMorgan price target cuts is the fabless semiconductor business Silicon Laboratories (NASDAQ:SLAB). The company is known for silicon-based devices, software, and related intellectual property used in a wide range of electronic products. Silicon Laboratories focuses on mixed-signal and analog-intensive integrated circuits, catering primarily to the Internet of Things (IoT) market. SLAB provides wireless microcontrollers, sensors, and software development tools for connected devices used in smart homes, industrial automation, and other IoT applications. 

The semiconductor company reported financial results for the first quarter of 2024 that fell short of expectations. Revenue declined 57% YOY to $106.4 million. Net loss came in at $56.5 million, a sharp reversal from a net profit of $14.0 million in the same period last year. This translated to a loss per share of $1.77, compared to earnings per share of 44 cents in the prior-year period.

Adding to investor concerns, management’s guidance for the second quarter was cautious. The company anticipates a diluted loss per share ranging from $1.45 to $1.61. This bleak outlook, coupled with the stock’s already stretched valuation with a price-to-sales (P/S) ratio of 6.1, prompted a price target cut by JPMorgan. SLAB shares have declined 7% YTD but increased volatility on Wall Street may lead to further downward pressure.

Tezcan Gecgil, PhD, began contributing to 香港六合彩玄机 in 2018. She brings over 20 years of experience in the U.S. and U.K. and has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Publicly, she has contributed to investing.com and the U.K. website of The Motley Fool.

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I have picked three stocks that could generate solid returns in the long run. These are well-known companies but not covered by the news or investors as much as they should. The three stocks have the potential to soar higher and generate impressive returns if you have the patience to hold on to them. Let’s take a look at the three low-profile stocks to buy. 

SoFi Technologies (SOFI)

I have been pounding the table about SoFi Technologies (NASDAQ:SOFI) throughout the last quarter, and the recent financial results have proved that the company is in a very strong position. SoFi reported a 44% rise in member growth and a net income of $88 million. It saw a revenue of $645 million, marking the second quarter of profitability. 

However, the market wasn’t happy with the second-quarter revenue guidance, which led to a stock dip. SoFi gave a lower-than-expected quarter guidance and called 2024 a ‘transitional year’ for the business. It aims to rely more on the growth of its financial and tech segment than lending.

It added 622,000 new members in the quarter; its total members now stand at 8.1 million. The company has raised the sales outlook for the full year to $2.39 billion to $2.43 billion, up from $2.3 billion to $2.4 billion. 

Despite beating estimates, the stock slid and is now trading for $6.78. It has dropped 29% year-to-date, and the plunge is a buying opportunity. The long-term prospects of SoFi look attractive, and can potentially double your money. 

The digital bank appeals to the younger demographic, and it has the potential to expand profits in the coming years rapidly. Since it is an online bank, it can lower overhead costs and make the most of the revenue growth. The stock has been on a rough ride for the past few months, so investors need to remain patient. 

Palantir Technologies (PLTR)

Tech company Palantir (NYSE:PLTR) is set to report results on May 6. Here’s why you should buy the stock before earnings. Palantir was used for only working for the government, but it now has a wide umbrella of government and commercial clients. The company has turned profitable and has an enviable clientele.

Exchanging hands for $21 today, the stock is up 32% year-to-date and had soared 19% after the fourth-quarter results. The upcoming results could lead to another rally. Its Artificial Intelligence Platform (AIP) has led to a surge in revenue and attracted new clients. Its commercial segment revenue grew 70% YOY in the fourth quarter and reported a record-high commercial contract value in the fourth quarter of $699 million.

AIP has become a huge hit in the market, and its boot camps have helped convert leads into clients. Indeed, AIP has led to high commercial client growth, where it saw a 35% YOY rise to 497. I expect the same to continue throughout this quarter. 

Palantir is slowly becoming a global leader with a strong presence in the thriving AI industry. This low-profile stock could outperform the market in the next two years. It has taken a while for PLTR stock to reach where it is today, and patient investors have already made significant gains.

We do not expect an immediate upside, but there could be a rally after the results. The stock is Cathie Wood’s favorite for a reason, and the expectations for the upcoming results are high. With momentum on Palantir’s side, investors should be ready for a ride. 

Celsius Holding (CELH)

Celsius Holdings (NASDAQ:CELH) is a sports beverage company with another low-profile stock up 20% YTD. The company is on a global expansion spree and impressed investors with its fourth-quarter results.

It saw an impressive 95% YOY surge in revenue for the quarter and a 102% revenue growth for the full year. Additionally, it reported a net income of $39.1 million in the quarter compared to the net loss reported in the same prior year. 

The increasing awareness of health-conscious drinks and the rising demand for healthier sports beverages has boosted Celsius Holding, and I believe this is only the beginning.

The company has a presence in the global markets but only holds a 5.9% market share. This means there is ample scope for expansion in the industry. The international revenue was up 52% YOY, and further expansion could accelerate growth. 

It already has plans to expand in Australia and New Zealand. One big reason to own the stock is the changing preferences towards healthy beverages. This trend will continue to dominate the market in the coming years, and Celsius Holding will benefit from it. 

Trading at $71 today, the stock is up over 100% in the year. It has gone from $34 last May to $71 today. My 香港六合彩玄机 colleague Marc Guberti thinks Celsius Holdings can double your money in a year. The company is set to report results on May 7.

On the date of publication, Vandita Jadeja did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Vandita Jadeja is a CPA and a freelance financial copywriter who loves to read and write about stocks. She believes in buying and holding for long term gains. Her knowledge of words and numbers helps her write clear stock analysis.

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The company had two layoffs this year and delayed a factory opening in Georgia. Job cuts may increase due to low sales. Rivian loses money on each of the 13,980 EVs produced in Q1. Investors want to know how much money the company is losing and when it will break even. Consider these factors for the top EV stock before its earnings report.

May 7 Earnings Report and RIVN Stock

As Rivian prepares to release its earnings report, investors debate whether RIVN stock is worth buying before May 7.

Despite recent challenges, a number of investors have highlighted positive factors for the company. These include efficiency measures such as layoffs which should improve margins, and a positive reception for the company’s new R2 model.

Rivian ended 2023 with $10.4 billion in cash reserves, significantly higher than many other EV startups, providing a solid financial foundation. This surplus, highlighted by many who follow the EV maker in this space, is crucial for Rivian to expand.

That’s especially true, as the company’s new models gain attention and Rivian captures market share. The EV sector is also expected to rebound in 2024, according to The Economist, positioning RIVN stock well for future growth.

That said, it’s also true that Rivian’s losses per vehicle aren’t acceptable for most investors. he company’s steady progress certainly suggests the company is moving in the right direction. But cash burn concerns will put a higher-than-normal emphasis on this number in the upcoming print.

The Silver Lining

Despite recent challenges, RIVN stock received a boost as Amazon (NASDAQ:AMZN) emerged as the largest private operator of EV charging stations in the U.S. This is significant because Rivian supplies Amazon with electric delivery vans, crucial for Amazon’s goal to achieve net zero emissions by 2040.

While Amazon ordered 100,000 vans from Rivian in 2019, only a fraction have been delivered due to infrastructure limitations. 

With Amazon deploying 17,000 chargers across 120 warehouses, more EDVs are expected to hit the roads. Amazon’s substantial ownership stake in Rivian and its open-door approach to other companies signals a promising future for Rivian’s EDVs.

Rivian’s Q1 sales are expected to surge by 59%, outpacing the overall EV market, with 13,980 vehicles produced and 13,588 delivered. The R1S was the fourth top-selling EV, and the new R2, priced at $45,000, garnered over 68,000 reservations within 24 hours.

Keep Your Stakes Low

Investors banking on Rivian’s success are eyeing its R2 model and upcoming R3 crossover SUV. With the stock near all-time lows, some see an opportunity. Rivian’s electric delivery vans promise revenue and use of production capacity, cushioning slumps in consumer sales. 

Overall, Rivian does look like an intriguing speculative bet in this sector, given where valuations for other top names are right now.

However, it’s my view that this is a stock that carries with it higher-than-average risk, particularly heading into earnings. Cash burn concerns are real, and the company will need to show significant improvement in its gross margins before many investors step into this name. I’m one such investor right now.

Accordingly, I’m taking a cautious approach when it comes to RIVN stock right now. This is an EV maker with an uncertain future. And while the company has some pretty impressive partnerships, it’s simply not growing fast enough to justify its cash burn, at least yet.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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Generally speaking, this is not good news for hypergrowth stocks to buy or startup firms. However, there can be certain outliers in every market. As the old Wall Street adage goes, bull markets breed complacency, but bear markets breed opportunity. That’s why you should have at least some portion of your portfolio active in these hypergrowth stocks.

Even if they aren’t outliers in a bearish market, scooping up these companies for cheap is a good idea. After all, the most astounding gains are often realized by those willing to be greedy when others are fearful.

Many of these hypergrowth stocks to buy are already at or near profitability. Once they expand their earnings as expected, they could trade at a substantial premium in the coming years and deliver multibagger returns.

While turbulent times may persist for a while, forward-looking investors would be wise to start accumulating shares in these hypergrowth stocks to buy. Let’s have a look!

Braze (BRZE)

Braze (NASDAQ:BRZE) is a customer engagement software company. These companies trade at very steep premiums in the market, and you could say the same for Braze.

It is not profitable at the moment but is expected to reach profitability next year and expand its earnings. It’s one of my favorite SaaS hypergrowth stocks to buy.

You’re paying 66 times 2027 earnings estimates. That’s mostly because analysts expect a sustained increase in EPS over the coming years that would justify the premium. When it comes to disruptive growth plays, investors must be willing to pay up for future potential.

I believe this company could take off this year as it has recently corrected by 30% from its February peak. The balance sheet here is stellar, with $476 million in cash against $91 million in debt. Q4 revenue growth at 32.7% beat analyst estimates by 5.1%. EPS also beat by 15.5%.

Thus, if management can continue to execute and grow like this, I believe the stock could deliver 30-40% gains this year. After all, today’s premium could be tomorrow’s bargain for a genuine market disrupter.

Red Cat (RCAT)

Drones have become very popular recently, especially in the past month. Red Cat (NASDAQ:RCAT) provides products, services, and solutions to the drone industry through its three wholly-owned subsidiaries.

The stock has gained over 104% in the past month as drone warfare dominated headlines last month. Drones are rapidly transitioning from novelties to indispensable tools on the modern battlefield.

Drones have become an integral part of warfare now, and investing in drone pure-play companies is a very good idea before they land major defense contracts.

Revenue grew 250.7% in the latest reported quarter. Analysts expect revenue to grow 86.4% this year and 89.4% to $35 million next year. While profits remain elusive for now, revenue momentum is undeniable.

Profitability is still far away, but Red Cat Holdings has a good amount of cash at $16 million against $2 million in debt. The stock also hasn’t seen much dilution for the past two and a half years, so this high risk, high reward hypergrowth play might be worth a closer look.

DroneShield (DRSHF)

This is another drone company; I promise this is the last one! Unlike Red Cat, DroneShield’s (OTCMKTS:DRSHF) products are primarily for security purposes. It develops and sells drone detection and security technology.

Their products include DroneGun Tactical, DroneGun Mk4, DroneGun Mk3, RfPatrol Mk2, DroneSentry-X, and DroneSentry. These tools disrupt drones and detect them.

The stock’s performance has been stellar as well. DRSHF stock is up 169% in the past year and can climb significantly more going forward.

It is already profitable. It delivered AUD 21.8 million in revenue and AUD 6.1 million in net income in Q4, up 229.5% and 208.1%, respectively.This hypergrowth play is ahead of the pack, having already crossed into the black.

Paying five times forward sales for this growth feels very cheap, and I believe multibagger gains are still in the cards once more Wall Street investors learn about the company. You won’t find many hypergrowth stocks to buy like DRSHF.

Xpeng (XPEV)

EV companies are in an awful environment. High interest rates have caused customers to pull back on big-ticket items, hurting EV sales volumes.

However, many of these EV companies have been adapting to this trend, and some have even started to bottom out and stabilize. Xpeng (NYSE:XPEV) is one of them.

It is based out of China, so rate cuts haven’t hit the company as hard. However, China’s EV slowdown and slow export growth have hurt the company. It is also a loss-making company, much like most EV startups.

I am bullish because Xpeng is expected to significantly narrow its losses in the coming years while expanding sales quickly. Analysts expect losses per share to narrow from $1.1 to 26 cents from 2024 to 2026. Revenue is expected to nearly double in the same period, from $6.9 billion to $12.9 billion.

The road may be bumpy in the near term, but this EV play could shift into a higher gear down the road. The risk-reward ratio seems very attractive here, even though this startup is nowhere close to being as stellar as Li Auto, for example. 

It has a low break-even price point for the premium models at an estimated sum of 195,000 CNY as of Q4. It also beat analysts by 3.9% on the top line and 47% on the bottom line in the latest reported quarter. The average Wall Street rating on the stock points to a 54% upside in the next 12 months.

Sky Harbour Group (SKYH)

Sky Harbour Group (NYSEMKT:SKYH) is a U.S. company that works with aviation infrastructure. They build, rent, and manage hangars for business aircraft.

They also offer private hangars, offices, lounges, and parking. If you’ve been reading my recent articles, I mentioned many times that the private aviation industry is seeing a boom in the post-COVID era. The friendly skies are calling for those with the means to bypass commercial air travel hassles.

This is due mainly to the pandemic not being relevant anymore, along with Trump’s tax cuts allowing people to write their business jet expenses off their taxes as business expenses.

As such, Sky Harbour Group is expected to see huge growth. Analysts expect 2024 revenue to be at $16.6 million, up 119.3%. They expect the momentum to continue, with 2028 revenue being $217.4 million. 

This is a very new startup, and it obviously isn’t profitable right now, but it is expected to see profits in 2027 and expand profits by nearly triple digits in 2028. While patience will be required, the long-term runway looks clear for takeoff. The stock has been up 58% in the past year.

D-Market (HEPS)

D-Market (NASDAQ:HEPS) is a Turkish e-commerce company. They sell a variety of goods, including electronics, books, toys, and more.

The performance of this business has been stellar despite the shaky macroeconomic situation in Turkey. Turkey has failed to contain inflation so far, despite a jumbo rate hike in March to 50%. Even in the face of economic turbulence, this growth story has managed to soar.

HEPS stock has managed to gain 40% this year, with revenue growing 87.6% YOY. Analysts expect $1.2 billion in revenue with around 35% growth for all of 2024, with EPS at 3 cents. However, they also expect EPS to jump to 7 cents next year, which means you’re paying just 22 times forward earnings.

In 2023, total gross merchandise value increased from 88.9 billion TRY to 116.5 billion TRY, which is a 31.1% increase year over year.

GDP growth in Turkey has surprisingly been stable, fueled by robust spending, which in turn is likely fueled by high inflation expectations. The country saw 4.5% GDP growth last year.

D-Market is also insulated from rate hikes since it has $248 million in cash against just $16 million in debt. Thus, it is one of the hypergrowth stocks I have solid conviction in.

Ouster (OUST)

Ouster (NYSE:OUST) supplies lidar technology, which is better than camera and radar technology for self-driving vehicles and robots.

The drawback is that it is much more expensive. However, costs are coming down, and near-term performance has actually been quite stellar.

OUST stock is up 157% in the past year, with triple-digit revenue growth at 123.5%. As lidar costs come down and autonomous solutions increase significantly in the coming years, I expect this company to deliver multibagger gains.

While the road ahead has many twists and turns, the destination could be a pot of gold for risk-tolerant investors. However, Ouster is still a very high-risk, high reward play. The company saw $39 million in losses in just Q4 alone.

Those losses are expected to narrow drastically in the coming years until Ouster reaches profitability in 2027, but you should still keep the risks in mind should anything go wrong. Ouster does have $190 million as a cash buffer, so I remain optimistic here.

On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Omor Ibne Ehsan is a writer at 香港六合彩玄机. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn.

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Elevated interest rates, sustained inflation and a slowing U.S. economy could lead to more losses for the Russell 2000. Below are 3 Russell 2000 stocks to avoid in case the market swings downward.

IonQ (IONQ)

The quantum computing landscape is full of capable start-up firms working to make computing systems based on quantum mechanics readily available. Last year’s artificial intelligence craze that ensnared market watchers and participants breathed life into many pure-play quantum computing stocks as equities investors hoped to find the next big technological innovation. Unfortunately, higher interest rates and uncertain macroeconomics has dried up interest in loss-making start-up companies. This makes IonQ (NYSE:IONQ) the first Russell 2000 stock on this list to avoid.

The quantum computing firm’s ion-trapping technique and novel Forte quantum computer are certainly innovations to be excited about. Unfortunately, the current use cases for quantum computing power remain limited. Moreover, to continue building out its products, IonQ will require more injections of equity capital and market conditions are not very amenable these days.

IONQ shares have plummeted 28% since the start of 2024 and further market volatility could lead to shares slipping even further.

Agilysys (AGYS)

The next Russell 2000 stock to make this list is Agilysys (NASDAQ:AGYS). This enterprise software company builds cloud-based POS and property management systems for hoteliers and other businesses operating in the hospitality industry. There’s clearly a demand for these kinds of solutions in Agilysys’s end markets. The company has been able to maintain solid double-digit revenue growth in both 2022 and 2023. Not to mention, unlike so many other software stocks, Agilysys remains profitable on a GAAP basis in its most recent earnings report.

Despite these good aspects, Agilysys deserves a spot on this list because of its stretched trading multiple valuation. AGYS has slid by around 1% on a YTD basis, yet the stock is trading at 69.2x forward earnings. In the event of a market downturn, stocks with expensive multiples are typically the ones most hit. There’s no doubt in my mind, AGYS will see a lot of downward pressure if the macroeconomic environment doesn’t clear up.

National Vision (EYE)

National Vision (NASDAQ:EYE) operates a chain of optical retail stores, including retail brands like America’s Best, that offer eyeglasses, contact lenses and eye examinations. The company’s recent round of earnings reports has left a lot to be desired. While revenue growth remains intact, National Vision’s net income has decreased significantly, slipping the company into unprofitable territory.

In their fourth quarter earnings report for 2023, National Vision revealed that total revenue for 2023 grew 6%, yet the company also reported a net loss of $66 million versus net income of $42 million in 2022. If National Vision continues to churn out losses, the stock’s ability to perform well in 2024 becomes questionable. On a YTD basis, EYE has fallen over 16%.

On the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.

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Equity holding periods have decreased in recent decades. Investors seek instant gratification. Long-term investing with patience creates wealth.

I must emphasize here that in a long-term uptrend for any stock, there’s likely to be intermediate corrections of 20% to 30%.

However, it’s important to focus on the business fundamentals and the long-term outlook than any knee-jerk reaction from the markets. Massive wealth can be created if investors hold good stories through the thick and thin.

Let’s therefore discuss seven millionaire-making growth stocks to buy at current levels. In my view, these stocks are worth holding at least until the end of the decade.  

Li Auto (LI)

Among the electric vehicle companies positioned to survive and grow, Li Auto (NASDAQ:LI) is among potential millionaire-making growth stocks.

Amid volatility, LI stock has trended higher by 11% in the last 12 months. Returns can be considered as good because the EV sector has faced growth challenges. At a forward price-earnings ratio of 13.5, LI stock looks deeply undervalued.

I must add here that Li Auto currently commands a market valuation of $25 billion. The company ended Q4 2023 with a cash buffer of $14.6 billion.

Further, for the quarter, free cash flow was $2 billion. This implies an annualized FCF potential of $8 billion. Clearly, the stock is trading at a massive valuation gap.

With a strong cash buffer, Li has been aggressively expanding its retail network in China. At the same time, the company continues to invest in technological advancement in vehicles and launch of new models.

Recently, Li L6, a five-seat premium family SUV was launched with a good initial response in terms of order booking.

Overall, with strong fundamentals and positive industry tail winds for the long term, LI stock is a potential multibagger.

Miniso Group (MNSO)

Miniso Group (NYSE:MNSO) is another of the millionaire-making growth stocks to buy. MNSO stock trades at a forward price-earnings ratio of 19 even after an upside of 45% in the last 12 months.

Considering the revenue and earnings growth trajectory, the stock is trading at a valuation gap.

As an overview, Miniso is a lifestyle retailer with strong presence in China and expanding presence globally. The company differentiates itself through attractive pricing coupled with a portfolio of dynamic SKUs.

For Q2 2024, Miniso reported healthy revenue growth of 54% on a year-on-year basis to $541 million. For the same period, the adjusted EBITDA margin expanded by 200 basis points to 25.9%. Margin expansion was driven by favorable product mix and global supply chain optimization.

Miniso is targeting to open 900 to 1,100 stores annually between 2024 and 2028. Further, the company expects revenue growth at a CAGR of at least 20% during this period. Therefore, the outlook is positive and as cash flows swell, Miniso will be positioned to increase dividends at a robust pace.

Aker BP ASA (AKRBF)

Aker BP ASA (OTCMKTS:AKRBF) is a hidden-gem that’s likely to be a massive value creator by the end of the decade. As an overview, Aker BP is an oil and gas exploration company with a focus on the Norwegian continental shelf.

AKRBF stock has been sideways in the last 12 months as oil remains subdued because of macroeconomic headwinds. This seems like an excellent opportunity to accumulate the 9% dividend yield stock trading at a valuation gap.

The first reason to like Aker is strong fundamentals. The company ended 2023 with a liquidity buffer of $6.8 billion. Further, a leverage ratio of 0.2 points to high financial flexibility for organic and acquisition driven growth.

The second reason to like Aker is quality assets. As of 2023, Aker reported 2P reserves of 1,716mmboe. The company had 2C resources of 809mmboe. With the portfolio having an attractive break-even of $35 to $40 per barrel, the assets are a cash flow machine.

Even with oil between $80 and $100 per barrel, Aker is positioned to deliver robust free cash flows. This will ensure sustained dividend growth and flexibility to aggressively invest in exploration.

Coupang (CPNG)

Coupang (NYSE:CPNG) stock has rallied by 43% for year-to-date. The big upside has been backed by positive business developments. With move toward profitability and an expanding addressable market, I am bullish on CPNG stock being a massive value creator.

In a recent development, Coupang raised Wow subscription price by 58%. Citigroup believes this move is “highly profitable” for the South Korean retailer. The price increase is likely to have a positive impact of $160 million and $410 million on the adjusted EBITDA in 2024 and 2025, respectively.

From a long-term perspective, there are two points to note. First, within Korea, the e-commerce market is expected to swell to $563 billion in 2027 from $483 billion in 2023. Therefore, there is ample headroom for growth within the country.

Further, Coupang has already made inroads in other Asian markets. Emerging Asia and Southeast Asia are likely to be the key growth drivers for the company in the next five to 10 years.

With the acquisition of Farfetch, the company has entered the European luxury e-commerce market. Therefore, there are ample growth catalysts and CPNG stock is poised to surge higher.

DraftKings (DKNG)

DraftKings (NASDAQ:DKNG) stock has surged by 111% in the last 12 months. DKNG stock is however worth accumulating on corrections for multibagger returns.

The company with focus on iGaming and online sports betting (OSB) has a big addressable market.

To put things into perspective, DraftKings believes that the total addressable market for OBS and iGaming was $20 billion (existing states) in 2023.

The market size is expected to swell to $30 billion by 2028. As OSB and iGaming is legalized in other states, the addressable market will get bigger. This provides ample headroom for growth in the coming years.

Another point to note is that DraftKings has moved toward profitability. For the year, the company expects adjusted EBITDA of $460 million.

Further, DraftKings has guided for adjusted EBITDA of $1.4 billion in 2026 and $2.1 billion by 2028. Of course, these estimates are for existing states. I therefore believe that EBITDA will be significantly higher than $2.1 billion by 2028.

Lithium Americas (LAC)

Lithium Americas (NYSE:LAC) is another millionaire-making growth stock to buy and hold with patience. With the plunge in lithium price, LAC stock has been depressed.

This provides a golden entry opportunity. With an impending lithium shortage, it’s likely that the metal will trend higher in the coming years.

The first point to note is that Lithium Americas will commercialize its key asset only in 2027. Therefore, robust growth and cash flow upside is still few years away.

However, that should not discourage investors from considering exposure to the stock. The Thacker Pass project is a cash flow machine and as commercialization nears, I expect LAC stock to skyrocket.

To put things into perspective, Thacker Pass has an after-tax net present value of $5.7 billion. Further, the asset has a mine life of 40 years with annual EBITDA visibility of $2 billion once both phases are commercialized.

In the recent past, Lithium Americas has also received financing for the construction of the project. This is another catalyst for a rally relatively soon.

Leonardo DRS (DRS)

Global defense spending increased at a robust pace of 6.8% on a year-on-year basis to $2.44 trillion in 2023. It’s likely that defense spending growth will remain strong considering geopolitical tensions.

It’s therefore a good time to remain invested in defense stocks. Leonardo DRS (NASDAQ:DRS) is among the emerging defense names to consider for multibagger returns.

It’s worth noting that DRS stock has been in an uptrend with returns of 43% in the last 12 months. However, considering the backlog growth and focus on innovation, I remain bullish on the stock for a sustained rally.

As of 2023, Leonardo reported an order backlog of $7.8 billion. The order intake in the last few quarters has been robust and points to accelerated revenue growth.

Coming to innovation, the company received the “prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor.” This “unlocks the ability for advanced military and scientific capabilities.” With a strong balance sheet, healthy order backlog, and focus on innovation, DRS stock is easily among the most exciting millionaire-making growth stocks.

On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.

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The reality is somewhere in between. There are EV companies that will continue to grow and create value, even with global EV adoption happening at a slower than expected pace. On the other hand, there are likely to be losers from the industry that will perish on the back of intense competition.

From a stock price perspective, the survivors will be back with a bigger rally in the next bull market. However, this column focuses on EV stocks to avoid as a long-term investment. There might be trading or speculative opportunities in the EV stocks discussed. However, I would avoid these ideas from the perspective of buying and holding.

Let’s discuss the reasons for being bearish on these stocks.

Lucid Group (LCID)

Lucid Group (NASDAQ:LCID) stock has plunged almost 70% in the last 12 months. While there can potentially be trading opportunities, it’s among the EV stocks to avoid as an investment.

Lucid Group has continued to disappoint in terms of production and deliveries growth. For Q1 2024, Lucid produced and delivered 1,728 and 1,967 vehicles, respectively. Without a doubt, these numbers are not good enough to achieve operating-level profit. Lucid has a long way to go before the company can stem the cash burn.

To put things into perspective, Lucid reported an operating loss of $2.6 billion for 2022. Last year, the company’s operating loss widened to $3.1 billion. Even with a strong liquidity profile, sustained cash burn implies further equity dilution or leveraging.

This is not a great balance sheet scenario when the EV industry faces a slowdown. Further, intense competition will impact deliveries and vehicle pricing. I believe Lucid will find it difficult to survive in the next 24 to 36 months.

Polestar Automotive (PSNY)

Polestar Automotive (NASDAQ:PSNY) is another EV stock in a sustained correction mode. Like LCID stock, I believe the PSNY stock might provide trading opportunities. However, it’s not among the EV names positioned to survive and grow in the coming years.

Cash burn has been a challenge for Polestar. The company secured a $1 billion financing and estimates another $350 million of funding requirements before cash flow break-even in 2025.

The important point is that PSNY stock has remained downtrend even after the cash flow break-even guidance. This indicates that the markets believe Polestar might struggle to achieve the target.

For Q1 2024, Polestar delivered 7,200 cars. This included 1,200 deliveries of the recently launched Polestar 4. With two more models (Polestar 5 and 6) in the pipeline, deliveries growth will likely accelerate. However, vehicle margins are likely to remain depressed amid competition.

ChargePoint Holdings (CHPT)

The EV charging industry has ample headroom for growth in the U.S. and Europe beyond the current decade. However, ChargePoint (NYSE:CHPT) is unlikely to be a winner as the company struggles with growth acceleration and cash burn.

To put things into perspective, ChargePoint reported Q4 2024 revenue of $115.8 million. On a year-on-year basis, revenue declined by 24%. This is a big negative, with significant penetration impending in the EV charging infrastructure industry.

I must add that for Q1 2025, ChargePoint has guided for a year-on-year revenue decline of 19%. Therefore, the trend is likely to remain negative and CHPT stock might continue to trend lower.

Another point to note is that the company’s operating loss widened for the financial year 2024 on a year-on-year basis. The decline in revenue, coupled with the widening of losses, is a red flag, and I am not surprised that CHPT stock has plunged by over 80% in the last 12 months.

On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.

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But the eye-opener for me was advertising revenue, $11.8 billion. This is now Amazon’s fastest growing business. Amazon also represents more than 10% of global digital advertising. But there’s more to this story. Advertising is letting Amazon become a power in artificial intelligence, at a profit.

Advertising and Amazon Stock

Amazon stock has always benefited from representing an infrastructure company. Whatever it makes, it resells, offsetting its costs and benefiting its business partners. This is the story of Amazon’s AWS cloud. It’s the story of its fulfillment services. The productivity Amazon enjoys radiates across the economy.

AI is working in the same way. This is the secret source of its advertising success. Amazon builds generative AI automation tools that give advertisers AI productivity. In this way Amazon ties the advertising industry to it.

This includes GenAI tools for designing ads, rolled out in October. It includes a conversational shopping assistant, rolled out in March. The idea, CEO Andy Jassy says, is advertising that doesn’t feel like advertising. It’s precisely what in-store employees are taught to do, sell when customers are ready to buy.

The result is a virtuous cycle. Amazon sells more ads, but Amazon also ties more companies to its AI tools. Their experience improves the AI tools, and Amazon uses that to sell more ads.

Creating Inventory

Amazon’s virtuous cycle in AI and advertising has created a need for more ad inventory. Amazon’s website provides inventory, but of a limited type. Once you’re on Amazon, you’re well down the sales funnel.

To expand the reach of its AI tools, Amazon is now buying ad inventory through programming. That’s what its FreeVee streaming service represents. It’s why the company is putting ads on Prime Video.

These spaces aren’t empty billboards, the kind you’d get buying ads from TV or cable networks. Amazon Prime ads offer the same precise targeting as those on its website. They also offer access to all of Amazon’s AI tools for luring prospects down the sales funnel once they’re found.

This includes third-party tools. Amazon’s AI is drawing startups to it, just as the Cloud and fulfillment services did. Examples include Vapa, a German company that runs Amazon ad campaigns. Or consider Xmars, a Los Angeles company that offers Amazon ad optimization.

Growth requires that Amazon draw big audiences for its sales funnel. That’s why it bought rights to football, to baseball, why it’s aiming for NBA rights. Sports draw reliable audiences at specific times, making it a new frontier for Amazon’s advertising AI tools.

Sponsored TV lets Amazon reach both new advertisers and new customers. It brings Amazon’s tools to the front of the sales funnel, then the Web site meets them halfway down. Amazon can make better use of its ad inventory than any TV network, because of its AI tools.

The Bottom Line

Many analysts see Amazon trailing Microsoft (NASDAQ:MSFT) in AI. That’s because Microsoft monetizes AI directly through tools like Co-Pilot. Some see Amazon as trailing Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) which dominate the digital ad market.

I disagree. Amazon is tying its advertising and AI tools together. It’s using both to expand its third party networks.

That means Amazon is building the huge data sets needed for successful AI applications, at minimal cost and maximum profit. Amazon, unlike AI startups, has a solid business model thanks to advertising.

As of this writing, Dana Blankenhorn had a LONG position in AMZN, GOOGL, and MSFT. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelineshorn@gmail.com, tweet him at @danablankenhorn, or subscribe to his free Substack newsletter.

Dana Blankenhorn has been a financial and technology journalist since 1978. He is the author of Technology’s Big Bang: Yesterday, Today and Tomorrow with Moore’s Law, available at the Amazon Kindle store. Tweet him at @danablankenhorn, connect with him on Mastodon or subscribe to his Substack.

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Months ago, CRISPR Therapeutics (NASDAQ:CRSP) received Food & Drug Administration approval for its sickle-cell treatment. It also received clearance for its gene-edited therapy for transfusion-dependent beta-thalassemia (TDT).

Even more exciting, generative artificial intelligence (AI) has made its way into gene editing. Profluent, an AI-first protein design company, just introduced OpenCRISPR, an AI-generated gene editor. 

“Our success points to a future where AI precisely designs what is needed to create a range of bespoke cures for disease. To spur innovation and democratization in gene editing, with the goal of pulling this future forward, we are open-sourcing the products of this initiative,” said Ali Madani, Profluent co-founder and CEO, as quoted by Fierce Biotech.

But that’s just the start. At the moment, there are about 7,000 diseases caused by genetic disorders, which occur when a mutation affects your genes. Or, when you have the wrong amount of genetic material, as noted by the Cleveland Clinic. Many could potentially be fixed is the hope. 

That being said, investors may want to jump into gene editing stocks.

Intellia Therapeutics (NTLA)

Beaten-down shares of Intellia Therapeutics (NASDAQ:NTLA) have been on the mend after dropping from about $35 to a recent low of $19.37. Now at $21.40, I’d like to see it climb back to $26. For one, it’s nearing the presentation of Phase 1 of its ongoing NTLA-2002 Phase 1/2 study at the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2024, taking place May 31.

It also expects to initiate the Phase 3 study of NTLA-2002 for the treatment of hereditary angioedema (HAE), a rare genetic condition that can lead to life-threatening swelling attacks in the second half of the year. Should the company see solid success with NTLA-2002, it could help treatHAE right away.

It’s also on track to dose the first patient in the Phase 1 study of NTLA-3001. This is an in vivo gene insertion candidate for the treatment of alpha-1 antitrypsin deficiency (AATD)-associated lung disease, as noted in a company press release.

Metagenomi (MGX)

There’s also Metagenomi (NASDAQ:MGX), which went public in February. While its chart is nothing to write home about, its artificial intelligence story is.

At the moment, the company uses an AI-powered discovery engine to “find naturally occurring gene editing systems in metagenomic data. Metagenomi is leveraging AI to enhance the power of CRISPR gene editing technology, as it works towards its vision of advancing therapies and cures for oncology and genetic diseases,” as noted on LinkedIn.com.

At just $7 a share at the moment, analysts at Jefferies say it’s a buy, with a $23 price target. The firm highlighted MGX’s next-generation editing tools. BMO Capital analysts have an outperform rating on the stock, with a $22 price target. They also noted that the company could “potentially perform all known gene editing approaches,” as quoted by Seeking Alpha. 

Even better, according to the company, “Through­out 2023, we achieved key ther­a­peu­tic mile­stones, includ­ing pre­clin­i­cal proof of con­cept in non­hu­man pri­mates for our lead pro­gram in Hemo­phil­ia A,” said CEO Bri­an C. Thomas. “Look­ing ahead, we are plan­ning for addi­tion­al non­hu­man pri­mate data read­outs over the course of this year, includ­ing 12-month data for our Hemo­phil­ia A pro­gram, expect­ed in the sec­ond half of 2024.” 

Global X Genomics & Biotechnology ETF (GNOM)

Or, if you want to diversify with most gene-editing stocks at a low cost, there’s the Global X Genomics & Biotechnology ETF (NASDAQ:GNOM).

With an expense ratio of 0.50%, the exchange-traded fund (ETF) holds 41 stocks that could benefit from gene editing, genomic sequencing, genetic medicine/therapy, computational genomics, and biotechnology, as noted by GlobalXETFs.com. Among its current top holdings include CRISPR Therapeutics, Illumina (NASDAQ:ILMN) and 10X Genomics (NASDAQ:TXG) to name a few.

At the moment, the GNOM ETF is also technically oversold around $9.84. It’s also now sitting at double-bottom support dating back to late 2023. It’s even over-extended on RSI, MACD, and Williams’ %R. From its last traded price of $9.84, I’d like to see it rally back to about $12.50.

Even better, I can diversify with the GNOM ETF at a low cost. If I were to buy 100 shares, it would cost me $984 for exposure to its 41 holdings. If I were to buy just one of its holdings — let’s say 100 shares of CRSP — it would cost me close to $5,300.

On the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Ian Cooper, a contributor to 香港六合彩玄机.com, has been analyzing stocks and options for web-based advisories since 1999.

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According to Precedence Research, the global renewable energy market reached a valuation of $970 billion in 2022. By 2032, the sector could exceed over $2.18 trillion. If so, such an expansion would represent a compound annual growth rate of 8.5% from 2023.

Of course, projections are not guarantees. Still, because of the ambiguity involved, this sector offer high-return potential. If you’re willing to gamble, below are the green energy stocks to consider.

NextEra Energy (NEE)

One of the powerhouse names among green energy stocks, NextEra Energy (NYSE:NEE) generates and distributes electric power to retail and wholesale customers. It generates electricity through various means, including wind and solar. In addition, NextEra develops, constructs and operates long-term contracted assets that consist of clean energy solutions.

To be sure, NextEra has had its fair share of ups and downs. However, on a financial note, the company has been consistently robust. In the past four quarters, NextEra’s average positive earnings surprise came out to 9.53%. For the current year, analysts are looking at earnings per share of $3.40, above last year’s result of $3.17.

On the top line, covering experts project revenue to reach $27.86 billion. While that’s about 1% down from last year’s print of $28.11 billion, the most optimistic target calls for $32.68 billion. In the following year, revenue on the high side could reach $34.34 billion.

Lastly, NextEra offers a forward annual dividend yield of 3.06%. Overall, NEE makes for one of the top green energy stocks to buy.

Brookfield Renewable (BEP)

Based in Toronto, Ontario, Canada, Brookfield Renewable (NYSE:BEP) owns a portfolio of renewable power generating facilities. It primarily operates in North America, Colombia and Brazil. It generates electricity through hydroelectric, wind, solar and pumped storage means. In addition, it offers renewable natural gas and carbon capture among other services.

Now, what makes BEP one of the riskier ideas among green energy stocks is the lack of consistency. In the first three quarters of last year, the average quarterly surprise came out to a loss of 515.27%. However, Brookfield redeemed itself partially in the fourth quarter with an EPS of 1 cent. The target called for a loss of 4 cents.

For fiscal 2024, analysts are anticipating a loss of 80 cents, an unfavorable expansion from last year’s loss of 32 cents. Further, growth is expected to be modest with sales of $4.97 billion. Last year, revenue was $4.92 billion.

However, fiscal 2025 calls for revenue of $5.7 billion, up 14.6% against 2024 projected sales.

Algonquin Power & Utilities (AQN)

Headquartered in Oakville, Ontario, Canada, Algonquin Power & Utilities (NYSE:AQN) operates in the power and utility industries. It operates two segments: Regulated Services Group and Renewable Energy Group. Primarily, Algonquin owns and operates a regulated electric, water distribution and wastewater collection business. It also provides natural gas utility systems.

As with Brookfield Renewable, Algonquin’s performance has been all over the map during fiscal 2023. The average earnings surprise came out to 3.75% below parity. For the current fiscal year, analysts are looking for EPS of 51 cents with a high-side target of 54 cents. Last year, the company posted earnings of 53 cents per share.

On the top line, revenue may reach $2.94 billion, which would be 8.9% above last year’s print of $2.7 billion. Not only that, the most optimistic forecast calls for sales of $3.16 billion.

What could really entice investors is Algonquin’s forward dividend yield of 6.99%. While the payout ratio is sky high, those who want to speculate on green energy stocks may find AQN attractive.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.

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I think Huang is one of America’s best CEOs, tech or non-tech, so I’m the last person who would advocate that its share price is ready to go into the toilet. However, as Murphy’s Law dictates, “What can go wrong will go wrong. So what could derail Nvidia stock in its climb to $6 trillion? Here are three possible hypotheses.  

Nvidia Stock and a Reversion to the Mean

I thought I’d throw out the most obvious of the three hypotheses first. 

“Mean reversion is a financial theory that suggests asset prices will eventually return to their long-term mean or average. This concept is grounded in the belief that asset prices and historical returns will gravitate toward a long-term average over time,” Investopedia’s website states. “The greater the deviation from this mean, the higher the probability that the asset’s price will move closer to it in the future.”

So, let’s consider NVDA stock’s history. 

The beginning of Nvidia’s rise to $2 trillion status began in October 2022, when it bottomed around $112. Through its March 2024 all-time high of $974, it was up 770%. 

Nvidia’s Share Price – Highs and Lows 2020-2024

If you remove 2024 from the calculation, the historical norm is in the $200s. While I don’t see a correction down to that point, its share price could fall by 50% over the next 24-36 months if AI turns out to be less than a “new industrial revolution,” as Huang has called it.    

Increased Competition Is Coming for Nvidia

Nvidia has a first-mover advantage here. It moved hard into AI more than a decade ago, and it took the technology this long to catch up to it. That’s why its shares are up nearly 200% over the past year. 

Yahoo Finance quoted Bank of America analyst Vivek Arya’s comments in mid-April about Nvidia.   

“There are some market factors such as the recent rise in inflation, volatility (VIX), AI stock fatigue, rotation towards more cyclical sectors and possibly some pruning ahead of upcoming earnings season,” Arya said. “On a fundamental basis we have also heard of investor concern around rising competition and reducing lead-times (suggesting decelerating demand) for Nvidia GPU accelerators (though expected as new Blackwell demand grows).”

There’s no question that Advanced Micro Devices (NASDAQ:AMD), Intel (NASDAQ:INTC), and all the other big chip companies are looking to knock off the reigning AI champion.

I’m not sure they can do so with Nvidia’s upcoming release of Blackwell, the world’s most powerful AI and one of the most expensive at $30,000 to $40,000 a pop. The company is said to have spent $10 billion developing Blackwell.   

Supply Falls Apart

Nvidia reported its Q4 2024 results in February. The old news is that they were otherworldly. Huang said in the analyst conference call that its supply issues were waning. 

“Overall, our supply chain is just doing an incredible job for us,” the CEO said, according to Business Insider. “Everything from the wafers, the packaging, the memories, all of the power regulators, to transceivers and networking and cables, you name it.”

Despite Huang’s enthusiasm for ramping up supply, demand is certain to continue exceeding it for the foreseeable future. If something political happens in Taiwan that slows shipments, Nvidia cannot remedy the situation in the near term.

That would be a kick in the groin for its share price, but who am I kidding? It isn’t happening. Nvidia is too well-run for that to happen. 

On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Will Ashworth has written about investments full-time since 2008. Publications where he’s appeared include 香港六合彩玄机, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.

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These three stocks fly under the radar but are teeming with growth potential to show excellent performance in the coming years. Investors can add these to their portfolios without stressing about a huge price tag inflated by hype and crazy expectations.

Let’s learn about the possibilities in these three overlooked growth stocks through solid digital ad revenue and favor from current market trends.

Pinterest (PINS)

Pinterest (NYSE:PINS) peaked during the pandemic when online browsing was at an all-time high. The image-saving and sharing platform has yet to climb back to its historic heights but is without question in a prime position to do so. 

Pinterest currently has strong momentum, coming off a solid finish to 2023. For the last quarter, the company reported revenue growth of 12% year-over-year (YoY), and Global Monthly Active Users increased 11% YoY to reach a new record high of 498 million users.

While the company reported a net loss for the year, net income for Q4 was $201 million. The comeback was fueled by the increased user traffic and its immediate effect on Pinterest’s ad revenue. Pinterest provides excellent ad space for brands and companies from all over the globe and is set to profit from the climbing number of active users.

The company saw just over $3 billion in revenue for 2023, but as soon as 2025, it is projected to increase by another $1 billion. If economic trends favor companies’ spending on digital ads, this growth could accelerate. 

The ads that Pinterest can run seemingly have no limit to their diversity, and the platform has excellent potential to capitalize on the growth of digital ads.

Pure Storage (PSTG)

The AI boom has investors everywhere excited and putting big money into AI stocks with the latest and greatest technology. However, among the exploding popularity and demand for AI applications, one indispensable need is storage. Pure Storage (NYSE:PSTG) is lined up to be the company that fulfills that need and enjoys tremendous growth as a result.

AI software relies on the massive amounts of data required to generate and perform the services it is made for. Behind the mountains and mountains of data will always be a need for storage, and Pure Storage’s 43% jump in stock price so far this year shows investors believe it is up for the task.

While Pure Storage is attracting attention, its major competitor, Micron (NASDAQ:MU), has the most favor from investors. But while PSTG is overlooked by many, it still holds tremendous growth potential. It offers its state-of-the-art server storage solution as a subscription for businesses, and its subscription revenue grew 26% YoY in fiscal 2024.

Pure Storage does not have the exploding growth of some other AI stocks, with guidance showing 10.5% revenue growth for fiscal 2025. That being said, there is little to no doubt that Pure Storage is set to have consistent, steady growth resulting from more and more businesses requiring its subscription to support the implementation of new AI programs.

Roku (ROKU)

Roku (NASDAQ:ROKU) is another stock that peaked during the pandemic when viewers used its devices and platform the most. The stock has settled into a dip and flatlined for the last couple of years, with investors treating it as a holding with little potential to shine.

However, Roku is by no means a stock to be overlooked. To dismiss doubts about its current performance, its most recent quarterly report from this year was fantastic. Net revenue was up 19% YoY, and gross profit was up 15% YoY, reaching just shy of $400 million.

Streaming households have increased by 1.6 million since Q4 2023, and streaming hours per household have increased by 5.7 billion hours YoY. That increased viewership has the phenomenal potential to grow Roku’s ad revenue steadily. 

The company has diversified revenue through its devices, platforms and ads, creating its inherent synergy with streaming that sets it up to grow along with the massive popularity of at-home viewing. Roku is overlooked and criminally undervalued, considering its enormous potential to grow for many years to come.

On the date of publication, Joel Lim did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Joel Lim is a finance freelance writer who writes content for several companies like LTSE and Realtor, along with financial publications, including Mises Institute and Foundation for Economic Education.

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However, her star has quickly fallen. The flagship fund has now underperformed the relevant comparison, the Nasdaq 100, on virtually all applicable time frames. A February report found that in aggregate, her funds have lost investors billions of dollars. Also, investors are rapidly pulling money out of her ETFs.

It seems that Cathie Wood’s moment has passed. So, investors should strongly consider reducing their exposure to her stocks before losing additional value. These are three Cathie Wood stocks to sell today.

Teladoc Health (TDOC)

Like many of Ark’s picks, Teladoc Health (NYSE:TDOC) was a perfect stock for 2021. With people in isolation as Covid-19 swept the world, they were open to the idea of virtual medicine. Telehealth seemed like a perfect concept, so Teladoc Health shares absolutely skyrocketed.

But then, it made an expensive merger with a key rival, Livongo, which almost immediately destroyed major shareholder value. Teladoc Health would report a shocking $13.7 billion loss in 2022. Most of that came as a write-down on the disastrous Livongo deal.

And now, it seems the telemedicine movement has crashed and burned. Most people prefer seeing a doctor in person unless there are extenuating circumstances. Just over the past week, both Walmart (NYSE:WMT) and giant health insurer UnitedHealth (NYSE:UNH) have announced that they are shutting down their telehealth divisions due to a lack of consumer demand. When the biggest players in the industry say that the business model isn’t working, that should give investors a clear warning.

For the time being, Teladoc Health is still soldiering on. But shares are rapidly losing value, given the company’s massive red ink with no apparent paths to stop the bleeding.

Moderna (MRNA)

Like with Teladoc, Moderna (NASDAQ:MRNA) was briefly a high-flying growth stock but the bull case has long since disappeared.

Moderna was one of the first biotech companies to develop an effective vaccine for the Covid-19 virus. Ultimately, Moderna would go on to earn tens of billions of dollars from this vaccine. Investors would bid MRNA stock up to the stratosphere. They believed the company would continue to thrive following its blockbuster vaccine. But that didn’t materialize.

Vaccine sales collapsed as the pandemic has receded, and people show less interest in taking booster shots. At the same time, Moderna has been unable to find any other meaningful new revenue contributors to make up for the collapse of its core COVID-19 vaccine sales.

As a result, the company’s revenues have plummeted, slumping from $19.3 billion in 2022 to a mere estimated $4.2 billion this year. Not surprisingly, Moderna has fallen into sharply unprofitable territory, with the company losing $4.7 billion in 2023.

Bulls are hoping that the company will develop another winning vaccine sooner or later, but that’s a pretty thin bull case. I expect MRNA stock to eventually settle somewhere around its book value or cash value per share. Those figures are $36 and $23 per share respectively, suggesting the stock has at least two-thirds more downside going forward.

Archer Aviation (ACHR)

Archer Aviation (NYSE:ACHR) is one of several companies manufacturing an electric vertical take-off and landing vehicle (eVTOL). Some people refer to these as flying cars. The premise behind eVTOL is they are more attractive than private helicopters and will greatly expand the urban air taxi marketplace.

A couple of years ago, traders were willing to pay almost any price for unproven business models that promised potentially huge upside if things went well. However, now investors largely shun these sorts of concept stocks. They often have no revenues, large cash burn and unproven commercial business models.

It’s quite possible that Archer Aviation will eventually be able to make it to market with a revenue generating service that attracts customer demand. On the other hand, plenty of reason for doubt brews. And, it doesn’t appear Archer Aviation is likely to try to launch commercial services until its planned 2026 debut in India.

That’s a long time to wait to see if the business model works as we face high interest rates among geopolitical pressures. Unfortunately, ACHR stock is unlikely to pay off anytime soon, making this another Cathie Wood stock to sell today.

On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Ian Bezek has written more than 1,000 articles for 香港六合彩玄机.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.

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This downturn surpassed what investors had anticipated, causing concern in the semiconductor market. This slowdown in equipment purchases by foundries, that manufacture chips for companies such as Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL) could indicate a potential downturn in the semiconductor industry, which is what is hurting chip stocks lately. 

The semiconductor sector was further shaken by a global retreat in semiconductor stocks, prompted by profit-taking after TSMC revised its chip market growth forecast downwards. The revision by TSMC, from over 10% to 10% growth for the global logic semiconductor industry, is fueling concerns over the demand for chips used in various technologies including electric vehicles, computers, and smartphones.

With the latest pullback, let’s look at three chip stocks investors may want to buy on dips.

Micron (MU) 

Micron Technology (NASDAQ:MU) produces DRAM, flash memory, and SSDs, which are essential for everything from smartphones to data centers. This positive performance has made Micron a standout in the broader chip stocks category.

Investors should use the recent pullback in Micron as an opportunity.

Micron reported an unexpected profit for its second quarter, signaling a quicker-than-anticipated recovery in the memory chip market. It also transitioned to a profit of $793 million. That was a substantial turnaround from the $2.31 billion loss reported in the same period a year ago. 

The company earned 71 cents per share, defying analysts’ expectations of a per-share loss of 41 cents, according to polls by FactSet. Adjusted earnings per share stood at 42 cents, outperforming the consensus forecast of a 25-cent loss.

The company enjoyed a 58% increase in revenue, reaching $5.82 billion, which surpassed analyst predictions. In addition, Micron’s Chief Executive, Sanjay Mehrotra, attributed this success to the company’s effective execution in terms of pricing, products, and operations.

Looking ahead, the company’s revenue forecast ranges from $6.4 billion to $6.8 billion, which exceeds the consensus expectations of $6 billion. This optimistic outlook further underscores the company’s recovery trajectory in the competitive memory chip market.

Nvidia (NVDA)

Nvidia (NASDAQ:NVDA) used to be known for creating powerful graphics chips for gaming PCs and workstations. However, the unprecedented demand for high-end AI chips is what propelled the company’s market capitalization to over $2 trillion at one point.

Within a single year, Nvidia gained a 260% valuation boost, increasing its market cap by $1.6 trillion. That is more than double the combined market cap of Nvidia’s three closest competitors. Their chips accelerate tasks in AI, data science, and self-driving cars.

Nvidia shares are already up 77% but were recently trading below highs following a pullback in the chip sector. Still, investors are very likely to continue seeing Nvidia as the clear artificial intelligence (AI) winner as long as the company can maintain its ~90% market share in this market.

The company’s stock was also boosted when Citi analysts opened a 90-day positive catalyst watch on the chipmaker. According to the firm, recent supply chain checks showed that Nvidia’s visibility has extended into 1H25, which makes it a long-term core portfolio holding. 

Super Micro Computer (SMCI)

Super Micro Computer (NASDAQ:SMCI), is a big name in high-performance server tech. The company designs and sells servers, storage, and other hardware needed for data centers and powerful computing systems. As part of the broader chip stocks sector, SMCI’s role is crucial for advanced computing needs.

The company’s stock fell as much as 23% in a single day in April after the maker of servers announced the date of its third-quarter results but didn’t pre-announce results. This disappointed investors as they were hoping SMCI could opt to pre-announcer results amid better-than-expected performance in the first quarter.

Nevertheless, the SMCI’s strong fundamental profile remains intact. The selloff is more connected to heightened investor expectations than to the change in the company’s performance. In recent months, SMCI stock has rallied on the back of the generative AI boom. Investors see SMCI well-positioned amid strong demand for its AI-centric server technology.

On the date of publication, Shane Neagle did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Shane Neagle is fascinated by the ways in which technology is poised to disrupt investing. He specializes in fundamental analysis and growth investing.

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Despite lower share prices and industry headwinds, cheap stocks often emerge stronger than ever. Factors that can lead to a turnaround can include improving financial conditions in the economy, revenue and earnings growth, or promising industry tailwinds.

To identify these hidden gems investors must look beyond the noise, and consider the company’s long-term growth prospects and overall financial profile. If all boxes are checked, taking advantage of dip-buying opportunities is a worthwhile endeavor.  

Here are the 3 best absurdly cheap stocks to buy for long-term investors in 2024!

Applied Materials (AMAT)

Applied Materials (NASDAQ:AMAT) is an undisputed leader in the semiconductor fabrication market. With semiconductors forming the backbone of modern technology, from smartphones to data centers, the demand for their product portfolio shows no sign of abating. At the moment, it’s one of the top cheap stocks to buy and hold today.

Currently, the AMAT stock is trading at a discount to its historical valuation. This is attributed to the short-term headwinds in the semiconductor equipment market. The cyclical nature of this sector creates ebbs and flows, offering savvy investors countless entry points to buy the stock on the dip.

In FY23, the company managed to weather the storm, achieving modest revenue growth. However, what was more impressive was their earnings per share (EPS), which was up 9% to a record $8.11 per share.

AMAT also achieved a record free cash flow (FCF) of $7.6 billion. Spending on wafer fabrication is recovering and gives a positive runway for the AMAT stock over the next 12 months. With a forward price-to-earnings (P/E) of 24 and a price-to-sales ratio of six, Applied Materials is on pace for a massive recovery going into the end of the year.

ON Semiconductor (ON)

ON Semiconductor (NASDAQ:ON) is another major player in the semiconductor space, but its specialty lies in power management and sensor solutions. These highly sought-after components are essential for the electric vehicle and renewable energy markets. 

ON Semiconductor has faced a large pullback in recent times, presenting an opportunity for long-term investors to capitalize on the weakness. The stock is down 14% YTD, with Wall Street wary about the short-term outlook and demand for their advanced semiconductor chips.

However, their SiC (silicon carbide) modules, which are specifically tailored for the electric vehicle and energy storage markets will continue to see demand as the sectors recover. In Q1 FY24, ON revenue declined 5% year over year to $1.86 billion.

Additionally, its operating margin declined by 400 bps in the quarter. Despite this disappointing news and weak guidance, the company’s expansion of its new manufacturing facility in South Korea should help. The company’s P/E of 14 also presents a great buying opportunity for long-term investors who remain bullish on the EV and energy storage markets.

Dick’s Sporting Goods (DKS)

Dick’s Sporting Goods (NYSE:DKS) is a dominant force in the sporting goods and retail sector. The stock is up 38% YTD, as investors remain bullish on their long-term growth prospects. 

Dick’s Sporting Goods has demonstrated resilience and adaptability in navigating challenging market conditions, including the impact of the pandemic on the retail sector. Throughout recent years, Dick’s has successfully leveraged its omnichannel strategy. This includes both online and offline channels to meet the changing consumer preferences.

The company has also been investing in its private-label brands and expanding its experiential retail concepts. In FY23, revenue increased 5% year over year to $12.98 billion. Comparable sales grew 2.4% from 2022, with EPS up 13% to $12.18 per share.

The company also increased its quarterly dividend by 10% to $1.10 per share. With a forward P/E of 15, DKS stock is among the best cheap stocks to snap up for the long term.

On the date of publication, Terel Miles did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Terel Miles is a contributing writer at 香港六合彩玄机.com, with more than seven years of experience investing in the financial markets.

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The post Have $1,000? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Now appeared first on 香港六合彩玄机.

According to Fortune Business Insights, the global autonomous vehicle market reached a valuation of just over $1.5 billion in 2022. Analysts believe that by 2030, the segment could be worth $13.63 trillion. If so, that would represent a compound annual growth rate of 32.3% from 2023.

Of course, no guarantees exist and projections are ultimately opinions – everyone has them. Nevertheless, if you’re willing to roll the dice, these autonomous driving stocks should be on your radar.

Baidu (BIDU)

A Chinese multinational technology firm, Baidu (NASDAQ:BIDU) isn’t a pure-play example among autonomous driving stocks. However, as 香港六合彩玄机 contributor Dana Blankenhorn explained, Baidu will offer its maps of its home nation to Tesla (NASDAQ:TSLA). This initiative will help the electric vehicle manufacturer develop its full self-driving system. Combined with Baidu’s core internet technology business, BIDU looks awfully attractive.

On a financial note, Baidu hits the right notes. In fiscal 2023, the company’s average positive earnings surprise came out to 26.88%. For fiscal 2024, covering experts are looking for earnings per share of $10.74 with a high-side estimate of $12.02. Last year, the company produced earnings of $11.19 per share.

On the top line, analysts anticipate sales to hit $19.79 billion. If so, we’re talking about a 6.5% growth rate from last year’s haul of $18.57 billion. Further, the most optimistic target calls for $20.73 billion. Given the expanded growth prospect, BIDU could be undervalued. Therefore, it makes an intriguing case for autonomous driving stocks.

Ambarella (AMBA)

Headquartered in Santa Clara, California, Ambarella (NASDAQ:AMBA) develops semiconductor solutions that enable high-definition (HD) and ultra-HD compression, image signal processing and artificial intelligence processing worldwide. It’s one of the powerhouses in the field of advanced driver assistance systems. Therefore, AMBA makes a compelling case for autonomous driving stocks to buy.

As an investment, one of the standout attributes of Ambarella is that it consistently mitigates expected losses per share. In fiscal 2024, the company’s average quarterly surprise came out to 28.18%. For the current fiscal year (2025), experts believe that Ambarella will post a loss of 85 cents per share. The most optimistic target calls for a loss of 77 cents. Last year, AMBA was in the red by 83 cents per share.

On the top line, analysts are projecting sales to hit $250.13 million. That would be up 10.4% from last year’s tally of $226.47 million. Moreover, in fiscal 2026, the company could generate sales of $320.8 million, up 28.3% from fiscal 2025’s projected top line.

Aeva Technologies (AEVA)

Based in Mountain View, California, Aeva Technologies (NYSE:AEVA) engages in the design, manufacturing and sale of lidar sensing systems and related perception and autonomy-enabled software solutions.

One of the underappreciated but compelling ideas among autonomous driving stocks, Aeva distinguishes itself with its 4D sensing system. This innovation can predict the velocities of surrounding objects, enabling superior avoidance tactics.

Generally speaking, Aeva’s bottom-line performance is messy. In fiscal 2023, the average quarterly surprise came out to a loss of 4.4%. Its best performance occurred in Q1, posting a loss of 80 cents against an expected loss of 82 cents. For the current year, experts anticipate a loss of $2.49, an improvement over last year’s result of $3.30 in the red.

On the top line, analysts believe sales could reach $8.79 million. That’s more than double last year’s result of $4.31 million. Further, in the following year, Aeva could generate revenue of $37.08 million. That’s up 321.8% from projected 2024 sales.

Combined with a strong cash-to-debt ratio of 30X, AEVA is worth considering for your speculative portfolio.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.

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In order to identify the top ETFs for outperformance, one must focus on factors such as low expense ratios, strong historical performance, and alignment with emerging trends. This can be in areas like clean energy, cybersecurity and artificial intelligence. If you’re willing to take on a little more risk, these 3 ETFs might be worthy of taking a closer look.

Now, let’s discover the best ETFs to beat the S&P 500 through 2030!

VanEck Semiconductor ETF (SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) is a leading ETF focusing on the semiconductor sector. It has been on a tear this year as demand for advanced semiconductor chips remains exceptionally strong. 

The VanEck Semiconductor ETF is a premier investment option due to its relatively low expense ratio of 0.35% and focus on the semiconductor industry. As technology continues to advance at a rapid pace, semiconductors will continue to serve as the backbone of innovation. It will power everything from smartphones to advanced AI applications.

Furthermore, it will also be fueled by trends such as 5G, the Internet of Things (IoT), and electric vehicles. The ETF’s top 5 largest holdings include industry giants like Nvidia (NASDAQ:NVDA), Taiwan Semiconductor (NYSE:TSM), Broadcom (NASDAQ:AVGO), Texas Instruments (NASDAQ:TXN) and Qualcomm (NASDAQ:QCOM).

They account for approximately 50% of the portfolio’s net assets under management. It has also returned 264% compared to the S&P 500’s 70% over the last 5 years.

Invesco S&P 500 Quality ETF (SPHQ)

Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) stands out as one of the best ETFs to beat the S&P 500 over the next decade. The ETF focuses on high-quality companies exhibiting strong fundamentals, stable earnings and robust balance sheets. 

The Invesco S&P 500 Quality ETF’s asset allocation strategy is incredibly diverse. It includes a mixture of large-cap, mid-cap, and small-cap equities across various sectors. However, information technology holds the largest mix accounting for approximately 35% of the ETF’s total weight. By spreading across multiple sectors, the fund can reduce the overall risk to any one company.

Additionally, its passive management style means lower expense ratios which is currently 0.15%. The ETF’s top 5 largest holdings are Nvidia, Broadcom, Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) and Adobe (NASDAQ:ADBE).

With exposure to quality small, mid-cap, and large-cap stocks, the cost-effectiveness of this ETF makes it a strong contender for outperformance. 

Invesco S&P MidCap Momentum ETF (XMMO)

The Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) is a premier investment option for several compelling reasons. Mainly, the ETF’s large exposure to midcap stocks with the potential for significant gains. 

Mid-cap stocks within the S&P 500 index provide investors with exposure to a diversified portfolio poised for growth. They often exhibit higher growth potential than their large-cap counterparts. Moreover, they also offer greater stability than small-cap investments, striking a balance that appeals to many investors seeking both growth and stability.

The ETF has far outperformed the S&P 500 in 2024, rising 22.5% compared to the S&P’s 6.24%. Its expense ratio remains relatively low, at just 0.34%. Additionally, its top five largest holdings account for approximately 16% of the ETFs total weight. If you have a little more tolerance for risk, XMMO is certainly one of the best ETFs to beat the S&P 500 through 2030. 

On the date of publication, Terel Miles did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the 香港六合彩玄机.com Publishing Guidelines.

Terel Miles is a contributing writer at 香港六合彩玄机.com, with more than seven years of experience investing in the financial markets.

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• Remitly Global reported earnings per share of -11 cents. This was above the analyst estimate for EPS of -14 cents.
• The company reported revenue of $269.12 million.
• This was 1.77% worse than the analyst estimate for revenue of $273.97 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• Glaukos reported earnings per share of -70 cents. This was below the analyst estimate for EPS of -57 cents.
• The company reported revenue of $85.62 million.
• This was 7.57% better than the analyst estimate for revenue of $79.60 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• Netgear reported earnings per share of -28 cents. This met the analyst estimate for EPS of -28 cents.
• The company reported revenue of $164.59 million.
• This was 0.45% better than the analyst estimate for revenue of $163.85 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• Cimpress reported earnings per share of -15 cents. This was below the analyst estimate for EPS of 14 cents.
• The company reported revenue of $780.59 million.
• This was 0.29% worse than the analyst estimate for revenue of $782.85 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• AssetMark Financial Hldgs reported earnings per share of 60 cents. This was below the analyst estimate for EPS of 61 cents.
• The company reported revenue of $190.27 million.
• This was 29.79% better than the analyst estimate for revenue of $146.60 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• Patterson-UTI Energy reported earnings per share of 15 cents. This was above the analyst estimate for EPS of 13 cents.
• The company reported revenue of $1.51 billion.
• This was 0.66% worse than the analyst estimate for revenue of $1.52 billion.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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• Valaris reported earnings per share of 35 cents. This was above the analyst estimate for EPS of 5 cents.
• The company reported revenue of $525.00 million.
• This was 5.38% better than the analyst estimate for revenue of $498.21 million.

香港六合彩玄机 Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. 香港六合彩玄机 Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.

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