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Symbol: BV
Security: BrightView Holdings, Inc.
Related Stocks/Topics: Unknown
Title: NIKE (NKE) Q4 Earnings Miss Estimates, Revenues Rise Y/Y
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:36:00
Article: **NIKE Inc.** [NKE](https://www.nasdaq.com/market-activity/stocks/nke) reported fourth-quarter fiscal 2023 results, wherein revenues beat the Zacks Consensus Estimate, while earnings missed the same. Results benefited from the company’s business strategy, compelling product innovation and digital leadership. However, high operating costs and expenses affected its margin and profitability.Following the earnings results, shares of NIKE gained 0.3% in the after-hours trading session on Jun 29.Shares of the Zacks Rank #3 (Hold) company have lost 5.6% in the past three months compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/shoes-and-retail-apparel-173)’s decline of 4.1%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/f3/46046.jpg?v=343602506) Image Source: Zacks Investment Research ******Q4 Highlights** In fourth-quarter fiscal 2023, the company’s earnings per share were 66 cents, down 26.7% from 90 cents reported in the year-ago quarter. The metric missed the Zacks Consensus Estimate of 67 cents.Revenues of the Swoosh brand owner grew 5% year over year to $12,825 million and surpassed the Zacks Consensus Estimate of $12,595 million. On a currency-neutral basis, revenues advanced 8% year over year, driven by broad-based growth across all brands, channels and geographies.Sales at NIKE Direct were $5.5 billion, up 15% on a reported basis and 18% on a currency-neutral basis. The 18% currency-neutral increase included 14% growth at NIKE Brand Digital and a 24% rise at NIKE stores.Wholesale revenues declined 2% on a reported basis but increased 2% on a currency-neutral basis. The results reflect the impact of the company’s supply tightening to normalize marketplace inventory levels. **Operating Segments** The NIKE Brand revenues were $12,225 million, up 5% year over year on a reported basis. Revenues for the brand rose 8% on a currency-neutral basis. Results were driven by double-digit revenue growth in Greater China. Also, revenues in North America, Europe, the Middle East & Africa (“EMEA”) and Asia Pacific & Latin America (“APLA”) witnessed single-digit growth in the quarter.Within the NIKE brand, revenues in North America advanced 5%, both on a reported basis and a currency-neutral basis to $5,335 million. The upside can be attributed to strong consumer demand that drove retail sales, higher member engagement on digital platforms and strength across its brands. Sales for the NIKE Direct business were up 15% in the region, while digital sales grew 17%, owing to double-digit growth in store traffic.In EMEA, the company’s revenues rose 3% on a reported basis and 7% on a currency-neutral basis to $3,350 million, driven by strength across performance and lifestyle and strong growth in digital sales. NIKE Direct revenues for the segment grew 28% on a currency-neutral basis, with 24% growth in NIKE Digital. The results were driven by double-digit growth in traffic and an expansion in conversion rates. Strong brick-and-mortar traffic in key countries was also an upside.In Greater China, revenues increased 16% year over year on a reported basis and advanced 25% on a currency-neutral basis in the fiscal fourth quarter to $1,810 million. The region has been witnessing solid sports brand sales, strong traffic in brick-and-mortar and a clean inventory position. NIKE Direct rose 19% on a currency-neutral basis, while NIKE Digital revenues fell 12% year over year.In APLA, NIKE’s revenues rose 1% on a reported basis and 6% on a currency-neutral basis to $1,696 million. NIKE Direct advanced 9% on a currency-neutral basis, with a 9% surge in NIKE Digital.Revenues at the Converse brand fell 1% on a reported basis to $586 million. On a currency-neutral basis, Converse’s revenues were up 1%, backed by double-digit growth in Asia, somewhat offset by sluggishness in Europe.For fiscal 2023, the company’s earnings came in at $3.23, down 14% year over year. Revenues increased 10% year over year to $51,217 million. **Costs & Margins** The gross profit rose 2% year over year to $5,595 million, while the gross margin contracted by 140 basis points (bps) to 43.6%. The decline in the gross margin can be attributed to increased freight and logistics costs, elevated product input costs, higher markdowns and currency headwinds. This was partly negated by the company’s pricing actions.Selling and administrative expenses rose 8% to $4,374 million. As a percentage of sales, SG&A expenses expanded 110 bps from the prior-year quarter to 34.1%.Demand-creation expenses increased 3% year over year to $1,092 million, owing to elevated sports marketing and advertising investments.Operating overhead expenses were up 10% to $3,282 million on higher wage-related expenses and NIKE Direct variable costs. **Balance Sheet & Shareholder-Friendly Moves** The company ended the quarter with cash and cash equivalents of $7,441 million, down 13% year over year. Short-term investments were $3,234 million, down 27% year over year. It had long-term debt (excluding current maturities) of $8,927 million and shareholders’ equity of $14,004 million as of May 31, 2023.As of May 31, 2023, inventories of $8,454 million increased by 0.4% from prior-year levels.In fourth-quarter fiscal 2023, the company returned $1.9 billion to shareholders, including $1.4 billion in share repurchases and $524 million in dividends. With the share repurchases, 11.5 million shares have been retired as part of the $18 billion share repurchase program approved by the company in June 2022. **Outlook** Backed by solid consumer momentum, a robust product innovation pipeline and a strong inventory, management provided solid outlook for fiscal 2024. For the fiscal year, it expects revenues to grow in the mid-single digits, driven by NIKE Direct.The fiscal 2024 gross margin is envisioned to expand by 140-160 bps on a reported basis. This reflects 50 bps of foreign exchange headwinds. SG&A expenses are predicted to increase due to higher investment in demand creation and product launches. The effective tax rate is forecast to be around 18%.For the fiscal first quarter, the metric is anticipated to see flat to low-single-digit revenue growth. SG&A expenses are expected to grow in the low double digits, owing to increased demand creation investments. **3 Red-Hot Stocks** Some better-ranked stocks are **Bluegreen Vacations Holding Corporation** [BVH](https://www.nasdaq.com/market-activity/stocks/bvh), **Alto Ingredients, Inc.** [ALTO](https://www.nasdaq.com/market-activity/stocks/alto) and **BrightView Holdings, Inc.** [BV](https://www.nasdaq.com/market-activity/stocks/bv).Bluegreen Vacations, a vacation ownership company, currently sports a Zacks Rank #1 (Strong Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).The Zacks Consensus Estimate for Bluegreen Vacations’ current financial-year sales and earnings per share suggests growth of 3.6% and 17.6%, respectively, from the year-ago reported figures. BVH has a trailing four-quarter earnings surprise of 24.7%, on average.Alto Ingredients, a manufacturer of specialty alcohols and essential ingredients, currently carries a Zacks Rank #2 (Buy).The Zacks Consensus Estimate for Alto Ingredients’ current financial-year sales suggests a decline of 6.6% from the year-ago reported figure, whereas earnings per share are expected to rise 78.3%. ALTO had an earnings surprise of 10.5% in the last reported quarter.BrightView, a provider of commercial landscaping services, primarily in the United States, currently carries a Zacks Rank #2. BV has a trailing four-quarter earnings surprise of 31.4%, on average.The Zacks Consensus Estimate for BrightView’s current financial-year sales suggests growth of 2.7% from the year-ago period’s reported level, whereas the same for earnings indicates a decline of 35%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_210_06302023&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547) [NIKE, Inc. (NKE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NKE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[BrightView Holdings, Inc. (BV) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BV&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[Bluegreen Vacations Holding Corporation (BVH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BVH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ALTO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115547/nike-nke-q4-earnings-miss-estimates-revenues-rise-y-y?cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115547)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 7.14657
Stock Price 2 days before: 7.28184
Stock Price 1 day before: 7.18092
Stock Price at release: 7.18504
Risk-Free Rate at release: 0.0527
| 7.71018 |
Symbol: PKOH
Security: Park-Ohio Holdings Corp.
Related Stocks/Topics: Stocks
Title: Here's Why Park-Ohio (PKOH) is a Great Momentum Stock to Buy
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:36:00
Article: Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the [Zacks Style Scores](https://www.zacks.com/education/stock-style-scores/momentum-trading), helps address this issue for us. Below, we take a look at **Park-Ohio (PKOH)**, which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Park-Ohio currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of [Zacks #1 Rank Stocks here >>>](https://www.zacks.com/stocks/buy-list/?adid=zp_topnav_1list&icid=zpi_topnav_1list)**Set to Beat the Market?**In order to see if PKOH is a promising momentum pick, let's examine some Momentum Style elements to see if this industrial supply-chain logistics company holds up.Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For PKOH, shares are up 0.06% over the past week while the Zacks Metal Products - Fasteners industry is up 0.06% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 15.29% compares favorably with the industry's 15.29% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Park-Ohio have increased 57.75% over the past quarter, and have gained 19.36% in the last year. On the other hand, the S&P 500 has only moved 9.55% and 16.89%, respectively.Investors should also take note of PKOH's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, PKOH is averaging 105,156 shares for the last 20 days. **Earnings Outlook** The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with PKOH.Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost PKOH's consensus estimate, increasing from $2.58 to $2.87 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. **Bottom Line** Given these factors, it shouldn't be surprising that PKOH is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Park-Ohio on your short list. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_519_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_10-2115494)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_519&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_10-2115494) [Park-Ohio Holdings Corp. (PKOH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PKOH&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_519&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_10-2115494)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115494/here-s-why-park-ohio-pkoh-is-a-great-momentum-stock-to-buy?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_10-2115494)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.8469
Stock Price 2 days before: 18.9758
Stock Price 1 day before: 19.001
Stock Price at release: 19.0757
Risk-Free Rate at release: 0.0527
| 19.191 |
Symbol: CCB
Security: Coastal Financial Corporation
Related Stocks/Topics: Stocks|EVR|VEL
Title: Evercore (EVR) Gains 14.5% YTD: Will the Uptrend Persist?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: **Evercore Inc. ** [EVR](https://www.nasdaq.com/market-activity/stocks/evr), a global independent investment banking advisory firm operating from its offices and affiliates in North America, Europe, the Middle East and Asia, is in investors’ spotlight right now. The stock has increased 14.5% year to date against the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-investment-bank-62)’s fall of 11.3%.Evercore has been able to successfully deliver an impressive performance in the past. In the past three to five years, EVR witnessed earnings per share growth of 19.72% which is greater than the industry’s average of 16.71%. Despite the muted deal making scenario in the current year, its efforts to enhance client base in advisory solutions and a strong backlog underline the company's organic growth efforts. This will help it navigate a tough operating backdrop and support financials in the upcoming period.Over the past 30 days, the Zacks Consensus Estimate for current-year earnings of this Zacks Rank #3 (Hold) stock has remained unchanged at $9.01 per share.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/a3/46057.jpg?v=1486919586) Image Source: Zacks Investment ResearchHere we present certain key factors that are likely to keep aiding Evercore’s price appreciation. **Revenue Growth Initiatives Bode Well**: The company’s efforts to boost its client base in advisory solutions, diversify revenue sources and expand geographically aid revenue growth in the investment banking segment. Most of Evercore’s revenues are generated from this segment. Though, investment banking net revenues declined in first-quarter 2023 due to lower advisory and underwriting fees, the metric has been rising over the years. EVR’s strong backlog and business investments will drive investment banking business growth in the upcoming quarters. **Strong Balance Sheet Position Reflects Sound Liquidity**: Evercore continues to maintain a strong balance sheet. As of Mar 31, 2023, cash and cash equivalents were $579.2 million, and investment securities and certificates of deposit were $803.1 million. This exceeded EVR’s total notes payable due of $372.5 million as of the same date.Moreover, current assets exceeded current liabilities by $1.5 billion as of the same date. Notably, with sound liquidity, Evercore is less likely to default interest and debt repayments if the economic situation worsens. **Sustainable Capital Deployment Activities**: Evercore remains committed to enhancing shareholders’ value as seen from its involvement in steady capital deployment activities.On Apr 26, 2023, it announced its dividend of 76 cents per share, representing a hike of 5.6% from the prior payout. Notably, over the past three years (ended 2022), the annual dividend per share increased at a compound annual growth rate of 9.5%.Apart from paying out quarterly dividends, the company has a share repurchase program in place. In February 2022, Evercore was authorized with a share repurchase program worth $1.4 billion with no expiration date. As of Mar 31, 2023, it had $6.4 million authorization remaining under the repurchase plan. Further, consistent earnings and strong liquidity position indicate that the capital deployment activities are sustainable. **Conclusion** EVR’s efforts to diversify revenues and boost its client base in advisory solutions will continue to support growth. Also, its strong balance sheet position is likely to aid capital deployment activities in the upcoming period. **Finance Stocks Worth Considering** A couple of better-ranked stocks from the finance sector are **Velocity Financial, Inc.** [VEL](https://www.nasdaq.com/market-activity/stocks/vel) and **Coastal Financial Corporation** [CCB](https://www.nasdaq.com/market-activity/stocks/ccb), each currently carrying a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for VEL’s 2023 earnings has been revised 14.8% upward over the past 30 days. The stock has increased 25.7% over the past six months.The consensus estimate for CCB’s fiscal 2023 earnings has been revised 4.9% upward over the past 30 days. The company’s share price has decreased 19.4% over the past six months. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_284_06302023&cid=CS-NASDAQ-FT-analyst_blog|price_surge_plunge-2115532)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Evercore Inc (EVR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EVR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Coastal Financial Corporation (CCB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CCB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Velocity Financial, Inc. (VEL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VEL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115532/evercore-evr-gains-14-5-ytd-will-the-uptrend-persist?cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 37.6621
Stock Price 2 days before: 38.5984
Stock Price 1 day before: 37.5258
Stock Price at release: 37.7992
Risk-Free Rate at release: 0.0527
| 44.8838 |
Symbol: BITF
Security: Bitfarms Ltd.
Related Stocks/Topics: Unknown
Title: 3 Crypto Stocks to Buy as Things Turn Brighter for Bitcoin
Type: News
Publication: InvestorPlace
Publication Author: Faisal Humayun
Date: 2023-07-02 01:42:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral)**Bitcoin** ([BTC-USD](http://www.nasdaq.com/symbol/btc-usd))) never ceases to surprise investors. The cryptocurrency markets entered 2023 with depressed sentiments and within six months, Bitcoin has surged by 82%. Besides being oversold, the digital currency seems to be discounting relative dollar weakness and an impending halving event in 2024. I believe that Bitcoin is likely to remain in an uptrend and it’s a good time to consider some crypto stocks to buy for multibagger returns. In terms of optimistic projections, Standard Chartered believes that Bitcoin can [touch $100,000 by the end of 2024](https://www.cnbc.com/2023/04/24/bitcoin-btc-price-could-hit-100000-by-end-2024-standard-chartered.html). It’s also being opined that global crypto users [can swell to one billion by 2025](https://cryptoslate.com/market-reports/can-crypto-reach-1-billion-users-by-2025/). If these projections hold true, the best crypto stocks to buy are poised for massive upside.Even if Bitcoin trades near previous highs, there is ample scope for upside in undervalued crypto stocks. With this overview, let’s talk about three crypto stocks to buy to benefit from an impending cryptocurrency bull market. **Riot Platforms (RIOT)** [An image of 4 cubes connected in a web; blockchain](https://investorplace.com/wp-content/uploads/2022/02/blockchain-300x169.png) Source: Venomous Vector/Shutterstock** Riot Platforms** (NASDAQ: [RIOT](http://www.nasdaq.com/symbol/riot)) is among the crypto stocks to buy for multibagger returns potential. The Bitcoin miner looks attractively valued even after a rally of 245% for year-to-date 2023.A big reason to be bullish on Riot is high financial flexibility. As of Q1 2023, the company [reported cash and digital assets](https://d1io3yog0oux5.cloudfront.net/_1c4312ac6f7d122c94b746b8034089e2/riotblockchain/db/447/4228/pdf/Riot+Earnings+Presentation+Q1+2023+-+FINAL.pdf) of $390 million. With Bitcoin trending higher, the value of digital assets will swell. Additionally, with a zero-debt balance sheet, the company is positioned to aggressive expansion in mining capacity. To put things into perspective, Riot reported capacity of 10.5EH/s as of March with plans to boost capacity to 12.5EH/s by the second half of 2023. Recently, the company [announced an agreement to purchase 33,280 miners](https://www.riotplatforms.com/investors/news-events/press-releases/detail/155/riot-purchases-7-6-ehs-of-next-generation-miners-from). Upon full deployment in 2024, mining capacity will increase to 20.1EH/s. The company has the option to buy 66,560 additional miners that would boost the capacity to 35.4EH/s.Therefore, there is visibility for more than 3x expansion in mining capacity in the next 12 to 24 months. If Bitcoin remains in an uptrend, this will translate into robust EBITDA and cash flow growth. **Coinbase Global (COIN)** [A close-up of the Coinbase (COIN) app install option.](https://investorplace.com/wp-content/uploads/2021/04/coin-stock-5-300x169.jpg) Source: sdx15 / Shutterstock.com** Coinbase** (NASDAQ: [COIN](http://www.nasdaq.com/symbol/coin)) stock has surged by 108% for the year on the back of Bitcoin trending higher. However, the short interest in COIN stock remains high at 19% of free-float. I believe that if the trend for Bitcoin remains bullish, a massive short-squeeze rally is impending.I must admit that the cryptocurrency market euphoria is nowhere close to 2021. Trading activity has therefore been subdued and Coinbase remains impacted. However, if the Bitcoin rally sustains, altcoins will join the party and that will boost the outlook for Coinbase. It’s worth noting that Coinbase is pursuing aggressive global expansion. With robust financial flexibility, the company plans to make inroads in [important markets across six continents](https://www.coinbase.com/blog/our-8-week-international-expansion-drive-in-6-continents). The benefits will be seen when a full-fledged bull market is underway.Another positive to note is that the company’s [subscription and services revenue](https://s27.q4cdn.com/397450999/files/doc_financials/2023/q1/Shareholder-Letter-Q1-2023.pdf) has been increasing on a quarter-on-quarter basis. The main growth drivers being interest income and blockchain rewards. With premium services for institutional clients, I expect growth in this segment to sustain. **Bitfarms (BITF)** [Image of computer servers lined up in a dark room](https://investorplace.com/wp-content/uploads/2020/04/servers-computers-300x169.jpg) Source: Gorodenkoff/Shutterstock.comI am tempted to talk about a penny stock among the crypto stocks to buy. If Bitcoin trades near previous highs in 2024, I believe that **Bitfarms** (NASDAQ: [BITF](http://www.nasdaq.com/symbol/bitf)) stock can deliver 10x returns from current levels.Being a penny stock does not imply that Bitfarms has weak fundamentals. As of March, the company reported a liquidity buffer of $41 million and debt of $17 million. The company has [reduced debt by $140 million](https://d1io3yog0oux5.cloudfront.net/_eaccd0b9913842ffa663ece3d45c4bf9/bitfarms/db/862/8381/pdf/BTIF.Investor+deck.6.12.23.pdf) in the last 10 months. With the rally in Bitcoin, the company is poised for aggressive expansion of mining capacity. I also like the fact the Bitfarms is a low-cost Bitcoin miner. For Q1 2023, the company reported $12,500 as the direct cost of producing one Bitcoin. Bitfarms is therefore positioned for significant EBITDA margin expansion and cash flow upside in the coming quarters. With these positives coupled with steady growth in mining capacity, BITF stock is a potential multibagger.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 InvestorPlace.com [Publishing Guidelines](https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&utm_medium=referral). 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. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739312&utm_source=Nasdaq&utm_medium=referral) - [Did Elon Musk Just Trigger a New Netscape Moment?](https://investorplace.com/2023/05/did-elon-musk-just-trigger-a-new-netscape-moment/?cid=MKT738510&eid=MKT741575&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739344&utm_source=Nasdaq&utm_medium=referral) - [The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors](https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&eid=MKT738955&utm_source=Nasdaq&utm_medium=referral) The post [3 Crypto Stocks to Buy as Things Turn Brighter for Bitcoin](https://investorplace.com/2023/06/3-crypto-stocks-to-buy-as-things-turn-brighter-for-bitcoin/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 1.45363
Stock Price 2 days before: 1.44538
Stock Price 1 day before: 1.47889
Stock Price at release: 1.49202
Risk-Free Rate at release: 0.0527
| 1.83829 |
Symbol: WT
Security: WisdomTree, Inc.
Related Stocks/Topics: Stocks|SYF|VIRT|REFI
Title: Synchrony (SYF) & Nextech Partner for CareCredit's Integration
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: **Synchrony Financial** [SYF](https://www.nasdaq.com/market-activity/stocks/syf) recently announced its collaboration with Nextech to integrate its CareCredit’s health and wellness credit card into Nextech’s software. This new addition to Nextech’s software would enhance the payment experience of patients by providing a multitude of payment options.This move bodes well for Synchrony Financial, as Nextech’s adoption of CareCredit should boost the top line in the future. With SYF and Nextech’s collaboration, it is evident that Synchrony Financial is focused on expanding the business with attention paid to health systems. Health and Wellness accounted for 16% of the total revenues of SYF in the first quarter of 2023. This collaboration will also lead to increased contributions from this segment and a rise in the loan receivables portfolio, paving the way for higher interest income and fees on loans. SYF’s collaboration with Nextech highlights the special financing options, like value-added resources and digital payment features, that CareCredit would provide to Nextech customers. Nextech is a healthcare technology company aiming to reduce administrative tensions and deliver impeccable patient care to its customers. With CareCredit’s integration, Nextech will be able to deliver well on its mission to provide a broader range of payment options under its various services.Patients can benefit from CareCredit when their medical insurance does not cover their full costs or to avail of special financing options that may not be available in other cards. With the help of CareCredit, front office staff can auto-post payments and refunds, thereby improving efficiency. Nextech will benefit from improved patient collections and enhanced user experience, which bode well for the company. **Price Performance** Shares of Synchrony Financial have gained 17.2% in the past three months compared with the [industry’s ](https://www.zacks.com/stocks/industry-rank/industry/financial-miscellaneous-services-69) growth of 4.4%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/72/46052.jpg?v=783136771) Image Source: Zacks Investment Research** Zacks Rank & Key Picks** Synchrony Financial currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the Financial – Miscellaneous Space are **Virtu Financial, Inc.** [VIRT](https://www.nasdaq.com/market-activity/stocks/virt), **WisdomTree, Inc.** [WT](https://www.nasdaq.com/market-activity/stocks/wt) and **Chicago Atlantic Real Estate Finance, Inc.** [REFI](https://www.nasdaq.com/market-activity/stocks/refi). Each of these companies presently carries a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).The bottom line of Virtu Financial outpaced estimates in two of the trailing four quarters, while it missed twice, the average surprise being 1.2%.The Zacks Consensus Estimate for VIRT’s 2023 earnings is pegged at $2.41 per share, while the same for revenues is pegged at $1.29 billion for 2023. The consensus mark for VIRT’s 2023 earnings has moved 0.8% north in the past 60 days.WisdomTree’s bottom line outpaced estimates in one of the trailing four quarters, met twice and missed once. The average of earnings surprises is 6.9%.The Zacks Consensus Estimate for WT’s 2023 earnings indicates a 34.6% rise, while the same for revenues suggests 14.7% growth from the respective prior-year reported figures. The bottom line of Chicago Atlantic Real Estate Finance outpaced the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed once, the average surprise being 4.5%. The consensus mark for REFI’s 2023 earnings has moved 1.6% north in the past 60 days.The Zacks Consensus Estimate for REFI’s 2023 earnings indicates a 36.3% rise, while the same for revenues suggests 34.2% growth from the respective prior-year reported figures. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Synchrony Financial (SYF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SYF&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=VIRT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Chicago Atlantic Real Estate Finance, Inc. (REFI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=REFI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[WisdomTree, Inc. (WT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115441/synchrony-syf-nextech-partner-for-carecredit-s-integration?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 6.79802
Stock Price 2 days before: 7.00534
Stock Price 1 day before: 6.86184
Stock Price at release: 6.86491
Risk-Free Rate at release: 0.0527
| 7.03543 |
Symbol: REFI
Security: Chicago Atlantic Real Estate Finance, Inc.
Related Stocks/Topics: Stocks|SYF|VIRT|WT
Title: Synchrony (SYF) & Nextech Partner for CareCredit's Integration
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: **Synchrony Financial** [SYF](https://www.nasdaq.com/market-activity/stocks/syf) recently announced its collaboration with Nextech to integrate its CareCredit’s health and wellness credit card into Nextech’s software. This new addition to Nextech’s software would enhance the payment experience of patients by providing a multitude of payment options.This move bodes well for Synchrony Financial, as Nextech’s adoption of CareCredit should boost the top line in the future. With SYF and Nextech’s collaboration, it is evident that Synchrony Financial is focused on expanding the business with attention paid to health systems. Health and Wellness accounted for 16% of the total revenues of SYF in the first quarter of 2023. This collaboration will also lead to increased contributions from this segment and a rise in the loan receivables portfolio, paving the way for higher interest income and fees on loans. SYF’s collaboration with Nextech highlights the special financing options, like value-added resources and digital payment features, that CareCredit would provide to Nextech customers. Nextech is a healthcare technology company aiming to reduce administrative tensions and deliver impeccable patient care to its customers. With CareCredit’s integration, Nextech will be able to deliver well on its mission to provide a broader range of payment options under its various services.Patients can benefit from CareCredit when their medical insurance does not cover their full costs or to avail of special financing options that may not be available in other cards. With the help of CareCredit, front office staff can auto-post payments and refunds, thereby improving efficiency. Nextech will benefit from improved patient collections and enhanced user experience, which bode well for the company. **Price Performance** Shares of Synchrony Financial have gained 17.2% in the past three months compared with the [industry’s ](https://www.zacks.com/stocks/industry-rank/industry/financial-miscellaneous-services-69) growth of 4.4%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/72/46052.jpg?v=783136771) Image Source: Zacks Investment Research** Zacks Rank & Key Picks** Synchrony Financial currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the Financial – Miscellaneous Space are **Virtu Financial, Inc.** [VIRT](https://www.nasdaq.com/market-activity/stocks/virt), **WisdomTree, Inc.** [WT](https://www.nasdaq.com/market-activity/stocks/wt) and **Chicago Atlantic Real Estate Finance, Inc.** [REFI](https://www.nasdaq.com/market-activity/stocks/refi). Each of these companies presently carries a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).The bottom line of Virtu Financial outpaced estimates in two of the trailing four quarters, while it missed twice, the average surprise being 1.2%.The Zacks Consensus Estimate for VIRT’s 2023 earnings is pegged at $2.41 per share, while the same for revenues is pegged at $1.29 billion for 2023. The consensus mark for VIRT’s 2023 earnings has moved 0.8% north in the past 60 days.WisdomTree’s bottom line outpaced estimates in one of the trailing four quarters, met twice and missed once. The average of earnings surprises is 6.9%.The Zacks Consensus Estimate for WT’s 2023 earnings indicates a 34.6% rise, while the same for revenues suggests 14.7% growth from the respective prior-year reported figures. The bottom line of Chicago Atlantic Real Estate Finance outpaced the Zacks Consensus Estimate in two of the trailing four quarters, met once and missed once, the average surprise being 4.5%. The consensus mark for REFI’s 2023 earnings has moved 1.6% north in the past 60 days.The Zacks Consensus Estimate for REFI’s 2023 earnings indicates a 36.3% rise, while the same for revenues suggests 34.2% growth from the respective prior-year reported figures. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Synchrony Financial (SYF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SYF&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=VIRT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Chicago Atlantic Real Estate Finance, Inc. (REFI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=REFI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[WisdomTree, Inc. (WT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115441/synchrony-syf-nextech-partner-for-carecredit-s-integration?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115441)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 15.6518
Stock Price 2 days before: 15.0714
Stock Price 1 day before: 15.4461
Stock Price at release: 15.5009
Risk-Free Rate at release: 0.0527
| 15.2817 |
Symbol: VEL
Security: Velocity Financial, Inc.
Related Stocks/Topics: Stocks|EVR|CCB
Title: Evercore (EVR) Gains 14.5% YTD: Will the Uptrend Persist?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: **Evercore Inc. ** [EVR](https://www.nasdaq.com/market-activity/stocks/evr), a global independent investment banking advisory firm operating from its offices and affiliates in North America, Europe, the Middle East and Asia, is in investors’ spotlight right now. The stock has increased 14.5% year to date against the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-investment-bank-62)’s fall of 11.3%.Evercore has been able to successfully deliver an impressive performance in the past. In the past three to five years, EVR witnessed earnings per share growth of 19.72% which is greater than the industry’s average of 16.71%. Despite the muted deal making scenario in the current year, its efforts to enhance client base in advisory solutions and a strong backlog underline the company's organic growth efforts. This will help it navigate a tough operating backdrop and support financials in the upcoming period.Over the past 30 days, the Zacks Consensus Estimate for current-year earnings of this Zacks Rank #3 (Hold) stock has remained unchanged at $9.01 per share.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/a3/46057.jpg?v=1486919586) Image Source: Zacks Investment ResearchHere we present certain key factors that are likely to keep aiding Evercore’s price appreciation. **Revenue Growth Initiatives Bode Well**: The company’s efforts to boost its client base in advisory solutions, diversify revenue sources and expand geographically aid revenue growth in the investment banking segment. Most of Evercore’s revenues are generated from this segment. Though, investment banking net revenues declined in first-quarter 2023 due to lower advisory and underwriting fees, the metric has been rising over the years. EVR’s strong backlog and business investments will drive investment banking business growth in the upcoming quarters. **Strong Balance Sheet Position Reflects Sound Liquidity**: Evercore continues to maintain a strong balance sheet. As of Mar 31, 2023, cash and cash equivalents were $579.2 million, and investment securities and certificates of deposit were $803.1 million. This exceeded EVR’s total notes payable due of $372.5 million as of the same date.Moreover, current assets exceeded current liabilities by $1.5 billion as of the same date. Notably, with sound liquidity, Evercore is less likely to default interest and debt repayments if the economic situation worsens. **Sustainable Capital Deployment Activities**: Evercore remains committed to enhancing shareholders’ value as seen from its involvement in steady capital deployment activities.On Apr 26, 2023, it announced its dividend of 76 cents per share, representing a hike of 5.6% from the prior payout. Notably, over the past three years (ended 2022), the annual dividend per share increased at a compound annual growth rate of 9.5%.Apart from paying out quarterly dividends, the company has a share repurchase program in place. In February 2022, Evercore was authorized with a share repurchase program worth $1.4 billion with no expiration date. As of Mar 31, 2023, it had $6.4 million authorization remaining under the repurchase plan. Further, consistent earnings and strong liquidity position indicate that the capital deployment activities are sustainable. **Conclusion** EVR’s efforts to diversify revenues and boost its client base in advisory solutions will continue to support growth. Also, its strong balance sheet position is likely to aid capital deployment activities in the upcoming period. **Finance Stocks Worth Considering** A couple of better-ranked stocks from the finance sector are **Velocity Financial, Inc.** [VEL](https://www.nasdaq.com/market-activity/stocks/vel) and **Coastal Financial Corporation** [CCB](https://www.nasdaq.com/market-activity/stocks/ccb), each currently carrying a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for VEL’s 2023 earnings has been revised 14.8% upward over the past 30 days. The stock has increased 25.7% over the past six months.The consensus estimate for CCB’s fiscal 2023 earnings has been revised 4.9% upward over the past 30 days. The company’s share price has decreased 19.4% over the past six months. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_284_06302023&cid=CS-NASDAQ-FT-analyst_blog|price_surge_plunge-2115532)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Evercore Inc (EVR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EVR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Coastal Financial Corporation (CCB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CCB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Velocity Financial, Inc. (VEL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VEL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115532/evercore-evr-gains-14-5-ytd-will-the-uptrend-persist?cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115532)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.6788
Stock Price 2 days before: 12.3457
Stock Price 1 day before: 11.5194
Stock Price at release: 11.5073
Risk-Free Rate at release: 0.0527
| 12.3368 |
Symbol: AMRC
Security: Ameresco, Inc.
Related Stocks/Topics: Stocks|CEG
Title: CEG vs. AMRC: Which Stock Is the Better Value Option?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: Investors interested in Alternative Energy - Other stocks are likely familiar with Constellation Energy Corporation (CEG) and Ameresco (AMRC). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Constellation Energy Corporation has a Zacks Rank of #2 (Buy), while Ameresco has a Zacks Rank of #3 (Hold) right now. Investors should feel comfortable knowing that CEG likely has seen a stronger improvement to its earnings outlook than AMRC has recently. However, value investors will care about much more than just this.Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.CEG currently has a forward P/E ratio of 22.12, while AMRC has a forward P/E of 27.35. We also note that CEG has a PEG ratio of 0.72. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. AMRC currently has a PEG ratio of 1.14.Another notable valuation metric for CEG is its P/B ratio of 2.66. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, AMRC has a P/B of 2.85. These are just a few of the metrics contributing to CEG's Value grade of B and AMRC's Value grade of C.CEG has seen stronger estimate revision activity and sports more attractive valuation metrics than AMRC, so it seems like value investors will conclude that CEG is the superior option right now. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_512_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_3-2115458)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_512&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_3-2115458)[Constellation Energy Corporation (CEG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CEG&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_512&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_3-2115458)[Ameresco, Inc. (AMRC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AMRC&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_512&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_3-2115458)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115458/ceg-vs-amrc-which-stock-is-the-better-value-option?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_3-2115458)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 45.9346
Stock Price 2 days before: 49.1264
Stock Price 1 day before: 48.6176
Stock Price at release: 48.7717
Risk-Free Rate at release: 0.0527
| 55.9439 |
Symbol: ANIP
Security: ANI Pharmaceuticals, Inc.
Related Stocks/Topics: Stocks|ICUI|ENSG|ZBH
Title: Ensign Group (ENSG) Up 26% in a Year: More Room to Run?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:42:00
Article: Shares of **The Ensign Group, Inc.** [ENSG](https://www.nasdaq.com/market-activity/stocks/ensg) have gained 25.9% in a year, compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-nursing-homes-110)’s 18.5% growth. The [Medical](https://www.zacks.com/stocks/industry-rank/sector/medical-4) sector fell 7.5% but the S&P 500 composite index rallied 14.6% in the same time frame. With a market capitalization of $5.2 billion, the average volume of shares traded in the last three months were 0.3 million.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c9/46060.jpg?v=114814490) Image Source: Zacks Investment Research Rising skilled services revenues, active pursuit of facility buyouts and a solid cash position continue to drive Ensign Group.The leading healthcare services provider, presently carrying a Zacks Rank #2 (Buy), has a decent track record of beating estimates in one of the trailing four quarters, matching the mark twice and missing the same on the remaining one occasion, the average beat being 0.45%. **Can ENSG Retain the Momentum?**The Zacks Consensus Estimate for Ensign Group’s 2023 earnings is pegged at $4.70 per share, indicating a 13.5% increase from the 2022 reported figure. The same for revenues stands at $3.7 billion, suggesting a 22.2% increase from the year-ago figure. It has witnessed two upward estimate revisions compared to none for 2023 earnings over the past 30 days.Improved skilled services revenues from catering to patients under Medicare and Medicaid programs continue to drive Ensign Group’s revenues. Management forecasts revenues within $3.68-$3.73 billion in 2023, the midpoint of which indicates an improvement of 22.5% from the 2022 figure.An aging U.S. population is likely to sustain the solid demand for senior living services provided by ENSG and generate greater revenues, primarily from private pay sources. The dire need for effective rehabilitation services that empower individuals to resume daily life activities is expected to boost service revenues in the days ahead. Ensign Group also makes investments in new business lines, such as ancillary services, in a bid to diversify its revenue base. A growing real estate portfolio is expected to generate higher rental revenues and therefore, contribute to improved earnings in the days ahead. Ensign Group earns rental revenues from leasing the post-acute care properties that it had purchased from healthcare operators under triple-net lease arrangements. Out of its 108 real estate properties, 29 presently fall under the bracket of triple-net long-term leases.Ensign Group boasts an active history with regard to skilled nursing and senior living facility acquisitions. Such initiatives build up capabilities, bolster the healthcare portfolio, expand geographical presence and offer ENSG a precise understanding of regional needs by working with a local team of caregivers. This, in turn, enables it to devise healthcare services that fit the needs of different U.S. regions. Ensign Group currently operates 290 healthcare facilities across 13 U.S. states.A sound financial position provides a cushion for ENSG to pursue uninterrupted growth-related initiatives. Growing cash reserves bear testament to its financial strength. ENSG remains quite active in rewarding shareholders through share buybacks and dividend payments. Management has consecutively raised dividends for two straight decades.Ensign Group boasts an impressive [VGM Score](https://www.zacks.com/style-scores-education/) of B. VGM Score helps identify stocks with the most attractive value, the best growth and the most promising momentum. **Other Stocks to Consider** Some other top-ranked stocks in the Medical space are **ANI Pharmaceuticals, Inc.** [ANIP](https://www.nasdaq.com/market-activity/stocks/anip), **ICU Medical, Inc.** [ICUI](https://www.nasdaq.com/market-activity/stocks/icui) and** Zimmer Biomet Holdings, Inc**. [ZBH](https://www.nasdaq.com/market-activity/stocks/zbh), each sporting a Zacks Rank #1 (Strong Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). ANI Pharmaceuticals’ earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average beat being 68.64%. The consensus estimate for ANIP’s 2023 earnings is pegged at $3.31 per share, which has more than doubled from the year-ago reported figure. The same for revenues indicates growth of 27.1% from the year-ago reported figure.The consensus estimate for ANIP’s 2023 earnings has moved 36.8% north in the past 60 days. Shares of ANI Pharmaceuticals have gained 82.5% in the past year.ICU Medical’s earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark once, the average surprise being 9.49%. The consensus estimate for ICUI’s 2023 earnings indicates a rise of 7.3%, while the same for revenues suggests an improvement of 1.3% from the corresponding year-ago reported estimates.The consensus estimate for ICUI’s 2023 earnings has moved 7.3% north in the past 60 days. Shares of ICU Medical have gained 7.2% in a year.Zimmer Biomet’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 7.38%. The Zacks Consensus Estimate for ZBH’s 2023 earnings suggests an improvement of 8.1%, while the same for revenues indicates growth of 5.7% from the respective year-ago reported figures. The consensus estimate for ZBH’s 2023 earnings has moved 5.8% north in the past 60 days. Shares of Zimmer Biomet have rallied 39.6% in the past year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_284_06302023&cid=CS-NASDAQ-FT-analyst_blog|price_surge_plunge-2115537)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537) [ICU Medical, Inc. (ICUI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ICUI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537)[ANI Pharmaceuticals, Inc. (ANIP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ANIP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537)[The Ensign Group, Inc. (ENSG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ENSG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537)[Zimmer Biomet Holdings, Inc. (ZBH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ZBH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_284&cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115537/ensign-group-ensg-up-26-in-a-year-more-room-to-run?cid=CS-NASDAQ-FT-analyst_blog|price_surge_/_plunge-2115537)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 53.024
Stock Price 2 days before: 53.7161
Stock Price 1 day before: 53.968
Stock Price at release: 54.1135
Risk-Free Rate at release: 0.0527
| 52.4996 |
Symbol: GHRS
Security: GH Research PLC
Related Stocks/Topics: CMPS|Markets|MNMD
Title: The 3 Best Psychedelic Stocks to Buy Now
Type: News
Publication: InvestorPlace
Publication Author: Alex Sirois
Date: 2023-07-02 01:48:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Psychedelic stocks have a bright future with [ 13.5%](https://www.prnewswire.com/news-releases/psychedelic-drugs-market-to-reach-usd-11-82-billion-by-2029--brandessence-market-research-301720168.html) compound annual growth expected through 2029. That growth will certainly draw in investment funding that seeks to capitalize on growth, as psychedelic drugs quickly become a hot topic in the mental health space. Consumers are increasingly interested in mental health and overall awareness is increasing. Mental health advocates have long touted their benefits and favored their mainstream acceptance. Pharmaceutical firms and other traditional healthcare companies have caught on and are on board. That makes early psychedelic stocks potentially very lucrative. ****COMPASS Pathways (CMPS)**** [A row of file folders with labels reading ](https://investorplace.com/wp-content/uploads/2021/08/mental_health_psychiatry_1600-300x169.jpg) Source: Olivier Le Moal / Shutterstock.com** COMPASS Pathways** (NASDAQ: [CMPS](http://www.nasdaq.com/symbol/cmps)) is developing a variety of mental health treatments based on the science of [psilocybin](https://compasspathways.com/our-work/comp360-psilocybin-therapy-in-trd-with-antidepressants/#:~:text=study%20of%20COMP360-,psilocybin,-therapy%20with%20SSRI). The firm’s COMP360 psilocybin treatment is being investigated in multiple clinical trials for various efficacies.Psilocybin is proving efficacious in treating Post Traumatic Stress Disorder (PTSD), Treatment Resistant Depression (TRD) and anorexia nervosa as it progresses through [ clinical](https://compasspathways.com/our-work/pipeline-overview/) stages. COMP360 is the most advanced in relation to TRD and is currently in Phase 3 testing.Investors and mental health advocates must be interested in the upside present in CMPS stock which trades for $7.85 and has an average [ target](https://www.wsj.com/market-data/quotes/CMPS/research-ratings) stock price of $42.30. The company is pre-revenue right now, though. While target prices suggest that any investment can multiply in value, the company must simply continue in order for that to ever happen. COMPASS Pathways used [ $24.2 million](https://ir.compasspathways.com/news-releases/news-release-details/compass-pathways-announces-first-quarter-2023-financial-results) in the first quarter, leaving it with $117.1 million in liquidity. Management has noted that it expects to possibly use $86 million more of that at the upper end through the remainder of this year. ****Mind Medicine (MNMD)**** [Two hands hold a large pill and an abstract head. Gears are being released from the pill into the head, which is full of assorted gears in various sizes.](https://investorplace.com/wp-content/uploads/2020/10/mind-medicine-1600-300x169.jpg) Source: Lightspring / Shutterstock.com** Mind Medicine** (NASDAQ: [MNMD](http://www.nasdaq.com/symbol/mnmd)) is developing a pipeline of drugs to treat depression, anxiety, addiction and other mental health issues. Mind Medicine is studying the utility of [serotonergic psychedelics](https://en.wikipedia.org/wiki/Serotonergic) including LSD, psilocybin and DMT. The company is studying how those compounds can be used to increase the growth of neurons leading to changes referred to as neuroplasticity.Mind Medicine is hopeful that the novel therapeutics it is developing will have increased benefits and fewer side effects than current modalities including antidepressants and psychotherapy. The firm is currently recruiting for multiple clinical studies throughout the United States and Switzerland.While it is behind COMPASS Pathways in regard to that pipeline, it offers similar potential in that share prices [ could](https://www.wsj.com/market-data/quotes/MNMD/research-ratings) multiply several fold. What’s also important to note is that Mind Medicine currently expects its cash [ runway](https://mindmed.co/wp-content/uploads/2023/06/MindMed-Investor-Presentation-June-2023.pdf) to last into the first half of 2025. That should bring it through key clinical readouts that promise to catalyze price increases if positive. ****GH Research (GHRS)**** [Brown glass pill bottle on its side showing white pills inside, with other pill bottles behind it representing MACK stock.](https://investorplace.com/wp-content/uploads/2022/10/pill-bottle-biopharma-biotech-1600-300x169.jpg) Source: shutterstock.com/Champhei** GH Research** (NASDAQ: [GHRS](http://www.nasdaq.com/symbol/ghrs)) is utilizing DMT in treating treatment-resistant depression. The lead candidate treatment said GH001 was useful in bringing 87.5% of patients into ultra-rapid remission. GH Research has also developed two follow-on products, GH002 and GH003, injectable and intranasal forms of the drug.Of the three firms listed in this article, GH Research is financially the strongest of the psychedelic stocks. The firm’s liquidity [ position](https://investor.ghres.com/news-releases/news-release-details/gh-research-reports-first-quarter-2023-financial-results-and) stood at $246.1 million as of March 31. Its first-quarter net loss was $10.9 million. Simple math suggests that its cash runway is very long, especially relative to other firms in the space. It’s fair to state that it is the most stable of the firms listed here in any case.Lead candidate GH001 is also currently being investigated for potential efficacy in treating bipolar 2 disorder and postpartum depression. What’s particularly important to understand about GH Research is that GH001 is fast acting whereas current therapies are not. Remission rates are high. GH001, if commercialized, seemingly should see massive, potentially blockbuster-level sales. 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 InvestorPlace.com [ Publishing Guidelines](https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&utm_medium=referral). Alex Sirois is a freelance contributor to InvestorPlace 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. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739310&utm_source=Nasdaq&utm_medium=referral) - [Wall Street Titan: Here’s My #1 Stock for 2023](https://investorplace.com/2023/04/one-of-the-worlds-biggest-tech-breakthroughs-could-be-happening-in-americas-heartland/?cid=MKT714907&eid=MKT739331&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739342&utm_source=Nasdaq&utm_medium=referral) - [It doesn’t matter if you have $500 or $5 million. Do this now.](https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&eid=MKT739347&utm_source=Nasdaq&utm_medium=referral) The post [The 3 Best Psychedelic Stocks to Buy Now](https://investorplace.com/2023/06/the-3-best-psychedelic-stocks-to-buy-now/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 12.6272
Stock Price 2 days before: 12.659
Stock Price 1 day before: 11.9394
Stock Price at release: 12.2121
Risk-Free Rate at release: 0.0527
| 13.4657 |
Symbol: PD
Security: PagerDuty, Inc.
Related Stocks/Topics: Unknown
Title: 3 Growth Stocks Cathie Wood Is Betting On Now
Type: News
Publication: InvestorPlace
Publication Author: Yiannis Zourmpanos
Date: 2023-07-02 01:48:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Cathie Wood, the visionary investor and founder of ARK Invest, [focuses](https://ark-invest.com/the-ark-difference/) on disruptive companies at the forefront of innovation. With a keen eye for growth potential and an unwavering belief in transformative technologies, Wood has identified stocks that can reshape and lead industries and deliver substantial returns. This article delves into three of Cathie Wood’s current top-growth stock picks. The first stock is a leading player in the telehealth industry and focuses on capitalizing on the growing demand for remote healthcare services. In contrast, the second one’s operations Cloud platform is set to transform digital operations and enhance enterprise productivity. However, the third leverages cutting-edge technologies to provide intelligent decision-making capabilities and disrupt adversaries in a data-driven world. **Teladoc Health (TDOC)** [Teladoc Health (TDOC) logo on a mobile phone screen](https://investorplace.com/wp-content/uploads/2019/11/tdoc-stock-1-300x169.jpg) Source: Piotr Swat / Shutterstock.com** Teladoc Health** (NYSE: [TDOC](http://www.nasdaq.com/symbol/tdoc)) has demonstrated its focus on innovation and technology, positioning itself as a leader in the telehealth industry. The company’s integrated app has already shown [favorable](https://s21.q4cdn.com/672268105/files/doc_financials/2023/q1/1Q-23-Earnings-Deck_vFinal.pdf) results, driving higher engagement and utilization among its members. With a focus on whole-person care and the addition of chronic care programs, Teladoc Health is addressing market demand for demonstrated outcomes and validating its approach.The introduction of provider-based care programs for weight management and pre-diabetes further strengthens Teladoc Health’s portfolio. It also signifies its dedication to comprehensive healthcare solutions. By offering personalized care plans in collaboration with Teladoc physicians, the company aims to improve outcomes and reduce costs for its members.Financially, Teladoc Health maintains a strong position with positive free cash flow and a substantial cash balance. This financial strength provides a valuable advantage in an uncertain funding environment and positions the company for continued growth. Teladoc Health has a larger late-stage pipeline and a confident outlook for the selling season. It indicates favorable prospects for future deals and revenue growth. The expansion into weight management programs and GLP-1s further enhance Teladoc Health’s ability to address diverse healthcare needs and offer comprehensive cardiometabolic solutions.Regarding financial performance, Teladoc Health achieved better-than-expected results for Q1 2023. The outperformance was driven by solid enrollment and growth in its Integrated Care segment. Lastly, the company has had consistent margin improvement throughout the year and guidance for revenue growth in the low to mid-teens. **PagerDuty (PD)** [Image](https://investorplace.com/wp-content/uploads/2019/07/cloud1600d-300x169.jpg) Source: Shutterstock** PagerDuty** (NYSE: [PD](http://www.nasdaq.com/symbol/pd)) has strong revenue growth and record non-GAAP operating margin indicating its ability to navigate the market successfully. While [centralized](https://s23.q4cdn.com/247028398/files/doc_downloads/2023/06/FY24-Q1-General-Investor-Presentation-6-1-23.pdf) customer spending and longer sales cycles pose challenges, PagerDuty’s focus on innovation, particularly in AIOps and automation, provides a strong value proposition that addresses the evolving needs of its customers.Also, PagerDuty’s [expanding](https://s23.q4cdn.com/247028398/files/doc_downloads/2023/06/FY24-Q1-General-Investor-Presentation-6-1-23.pdf) integration ecosystem and deep integrations with leading platforms demonstrate its ability to win deals with large enterprises. The company’s comprehensive and integrated Operations Cloud platform sets it apart in the competitive landscape. It allows customers to optimize their digital operations effectively. This differentiation positions PagerDuty for continued success in the enterprise and upper mid-market segments.While the higher churn rate in the SMB segment and the growth of free accounts raise concerns, PagerDuty can address these challenges by closely monitoring cost constraints and implementing strategies to improve customer retention and acquisition. Additionally, PagerDuty’s [confidence](https://seekingalpha.com/article/4608951-pagerduty-inc-pd-q1-2024-earnings-call-transcript) in the transformative power of Generative AI is a significant factor in its bullish outlook. The technology has the potential to revolutionize developer productivity, enabling them to focus on ideation and innovation. Generative AI empowers employees across different roles and functions by freeing up time from non-creative tasks. It amplifies their capabilities and drives better outcomes.Finally, PagerDuty’s focus on cost management and maintaining an efficient cost structure demonstrates its commitment to balancing growth with profitability. The approach strengthens the company’s financial performance and positions it for sustainable long-term growth. **Palantir Technologies (PLTR)** [Palantir Technologies (PLTR) logo seen on billboard, known as Palantir is a public American company that specializes in big data analytics.](https://investorplace.com/wp-content/uploads/2023/04/pltr1600-300x169.png) Source: Poetra.RH / Shutterstock.com** Palantir Technologies** (NYSE: [PLTR](http://www.nasdaq.com/symbol/pltr)) can disrupt adversaries and competitors with its proprietary and cutting-edge technologies. The Apollo Infrastructure Program (AIP) launch has garnered significant demand. It signifies the recognition of its potential to provide a competitive advantage and transform business operations. Also, by leveraging AI and large language models (LLMs), Palantir focuses on empowering enterprises with intelligent decision-making capabilities and workflow automation.The company’s positive financial results, including GAAP profitability and strong revenue growth, reaffirm its position as a leader in the industry. Specifically, the robust performance of the U.S. commercial segment, surpassing the $100 million revenue threshold, showcases the strong demand and market penetration of Palantir’s products and services. With consecutive quarters of GAAP profitability and a positive trajectory, Palantir’s lead in driving profitable growth is evident. With $2.9 billion in cash reserves, a lack of debt, and an entrepreneurial founder-led spirit, the company can seize opportunities and expand its market presence. Moreover, given the increasing demand in this space, the company’s focus on AI solutions presents a significant opportunity for future growth. Palantir can deliver unique and disruptive products. Its products, which competitors cannot easily replicate, position it as a leader in the market. Furthermore, the potential inclusion in the ** [S&P 500](https://www.palantir.com/newsroom/letters/the-s-and-p-500/en/)** index could bring new attention, investors, and enhanced market presence, leveraging Palantir’s profitability and growth to strengthen its position further.Despite backlog growth and deceleration challenges, Palantir remains optimistic about its prospects. The positive feedback signifies a shift in perception from questioning the need for Palantir’s products to recognizing their effective utilization.On the date of publication, Yiannis Zourmpanos 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 InvestorPlace.com [Publishing Guidelines](https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Finvestorplace.com%2Fcorporate%2Finvestorplace-publishing-guidelines%2F&data=05%7C01%7C%7Cf388b9b3483c46edfd1108da42344027%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637895089431919200%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=V0zhEdCY%2Bw00FAN%2BgkXqhEAQus1d7EtvTUZbvSP8gD4%3D&reserved=0). Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739312&utm_source=Nasdaq&utm_medium=referral) - [Did Elon Musk Just Trigger a New Netscape Moment?](https://investorplace.com/2023/05/did-elon-musk-just-trigger-a-new-netscape-moment/?cid=MKT738510&eid=MKT741575&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739344&utm_source=Nasdaq&utm_medium=referral) - [The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors](https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&eid=MKT738955&utm_source=Nasdaq&utm_medium=referral) The post [3 Growth Stocks Cathie Wood Is Betting On Now](https://investorplace.com/2023/06/3-growth-stocks-cathie-wood-is-betting-on-now/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 22.2608
Stock Price 2 days before: 22.2001
Stock Price 1 day before: 22.4692
Stock Price at release: 22.4658
Risk-Free Rate at release: 0.0527
| 25.5264 |
Symbol: TDOC
Security: Teladoc Health, Inc.
Related Stocks/Topics: Markets|PD|PLTR
Title: 3 Growth Stocks Cathie Wood Is Betting On Now
Type: News
Publication: InvestorPlace
Publication Author: Yiannis Zourmpanos
Date: 2023-07-02 01:48:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Cathie Wood, the visionary investor and founder of ARK Invest, [focuses](https://ark-invest.com/the-ark-difference/) on disruptive companies at the forefront of innovation. With a keen eye for growth potential and an unwavering belief in transformative technologies, Wood has identified stocks that can reshape and lead industries and deliver substantial returns. This article delves into three of Cathie Wood’s current top-growth stock picks. The first stock is a leading player in the telehealth industry and focuses on capitalizing on the growing demand for remote healthcare services. In contrast, the second one’s operations Cloud platform is set to transform digital operations and enhance enterprise productivity. However, the third leverages cutting-edge technologies to provide intelligent decision-making capabilities and disrupt adversaries in a data-driven world. **Teladoc Health (TDOC)** [Teladoc Health (TDOC) logo on a mobile phone screen](https://investorplace.com/wp-content/uploads/2019/11/tdoc-stock-1-300x169.jpg) Source: Piotr Swat / Shutterstock.com** Teladoc Health** (NYSE: [TDOC](http://www.nasdaq.com/symbol/tdoc)) has demonstrated its focus on innovation and technology, positioning itself as a leader in the telehealth industry. The company’s integrated app has already shown [favorable](https://s21.q4cdn.com/672268105/files/doc_financials/2023/q1/1Q-23-Earnings-Deck_vFinal.pdf) results, driving higher engagement and utilization among its members. With a focus on whole-person care and the addition of chronic care programs, Teladoc Health is addressing market demand for demonstrated outcomes and validating its approach.The introduction of provider-based care programs for weight management and pre-diabetes further strengthens Teladoc Health’s portfolio. It also signifies its dedication to comprehensive healthcare solutions. By offering personalized care plans in collaboration with Teladoc physicians, the company aims to improve outcomes and reduce costs for its members.Financially, Teladoc Health maintains a strong position with positive free cash flow and a substantial cash balance. This financial strength provides a valuable advantage in an uncertain funding environment and positions the company for continued growth. Teladoc Health has a larger late-stage pipeline and a confident outlook for the selling season. It indicates favorable prospects for future deals and revenue growth. The expansion into weight management programs and GLP-1s further enhance Teladoc Health’s ability to address diverse healthcare needs and offer comprehensive cardiometabolic solutions.Regarding financial performance, Teladoc Health achieved better-than-expected results for Q1 2023. The outperformance was driven by solid enrollment and growth in its Integrated Care segment. Lastly, the company has had consistent margin improvement throughout the year and guidance for revenue growth in the low to mid-teens. **PagerDuty (PD)** [Image](https://investorplace.com/wp-content/uploads/2019/07/cloud1600d-300x169.jpg) Source: Shutterstock** PagerDuty** (NYSE: [PD](http://www.nasdaq.com/symbol/pd)) has strong revenue growth and record non-GAAP operating margin indicating its ability to navigate the market successfully. While [centralized](https://s23.q4cdn.com/247028398/files/doc_downloads/2023/06/FY24-Q1-General-Investor-Presentation-6-1-23.pdf) customer spending and longer sales cycles pose challenges, PagerDuty’s focus on innovation, particularly in AIOps and automation, provides a strong value proposition that addresses the evolving needs of its customers.Also, PagerDuty’s [expanding](https://s23.q4cdn.com/247028398/files/doc_downloads/2023/06/FY24-Q1-General-Investor-Presentation-6-1-23.pdf) integration ecosystem and deep integrations with leading platforms demonstrate its ability to win deals with large enterprises. The company’s comprehensive and integrated Operations Cloud platform sets it apart in the competitive landscape. It allows customers to optimize their digital operations effectively. This differentiation positions PagerDuty for continued success in the enterprise and upper mid-market segments.While the higher churn rate in the SMB segment and the growth of free accounts raise concerns, PagerDuty can address these challenges by closely monitoring cost constraints and implementing strategies to improve customer retention and acquisition. Additionally, PagerDuty’s [confidence](https://seekingalpha.com/article/4608951-pagerduty-inc-pd-q1-2024-earnings-call-transcript) in the transformative power of Generative AI is a significant factor in its bullish outlook. The technology has the potential to revolutionize developer productivity, enabling them to focus on ideation and innovation. Generative AI empowers employees across different roles and functions by freeing up time from non-creative tasks. It amplifies their capabilities and drives better outcomes.Finally, PagerDuty’s focus on cost management and maintaining an efficient cost structure demonstrates its commitment to balancing growth with profitability. The approach strengthens the company’s financial performance and positions it for sustainable long-term growth. **Palantir Technologies (PLTR)** [Palantir Technologies (PLTR) logo seen on billboard, known as Palantir is a public American company that specializes in big data analytics.](https://investorplace.com/wp-content/uploads/2023/04/pltr1600-300x169.png) Source: Poetra.RH / Shutterstock.com** Palantir Technologies** (NYSE: [PLTR](http://www.nasdaq.com/symbol/pltr)) can disrupt adversaries and competitors with its proprietary and cutting-edge technologies. The Apollo Infrastructure Program (AIP) launch has garnered significant demand. It signifies the recognition of its potential to provide a competitive advantage and transform business operations. Also, by leveraging AI and large language models (LLMs), Palantir focuses on empowering enterprises with intelligent decision-making capabilities and workflow automation.The company’s positive financial results, including GAAP profitability and strong revenue growth, reaffirm its position as a leader in the industry. Specifically, the robust performance of the U.S. commercial segment, surpassing the $100 million revenue threshold, showcases the strong demand and market penetration of Palantir’s products and services. With consecutive quarters of GAAP profitability and a positive trajectory, Palantir’s lead in driving profitable growth is evident. With $2.9 billion in cash reserves, a lack of debt, and an entrepreneurial founder-led spirit, the company can seize opportunities and expand its market presence. Moreover, given the increasing demand in this space, the company’s focus on AI solutions presents a significant opportunity for future growth. Palantir can deliver unique and disruptive products. Its products, which competitors cannot easily replicate, position it as a leader in the market. Furthermore, the potential inclusion in the ** [S&P 500](https://www.palantir.com/newsroom/letters/the-s-and-p-500/en/)** index could bring new attention, investors, and enhanced market presence, leveraging Palantir’s profitability and growth to strengthen its position further.Despite backlog growth and deceleration challenges, Palantir remains optimistic about its prospects. The positive feedback signifies a shift in perception from questioning the need for Palantir’s products to recognizing their effective utilization.On the date of publication, Yiannis Zourmpanos 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 InvestorPlace.com [Publishing Guidelines](https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Finvestorplace.com%2Fcorporate%2Finvestorplace-publishing-guidelines%2F&data=05%7C01%7C%7Cf388b9b3483c46edfd1108da42344027%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637895089431919200%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=V0zhEdCY%2Bw00FAN%2BgkXqhEAQus1d7EtvTUZbvSP8gD4%3D&reserved=0). Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739312&utm_source=Nasdaq&utm_medium=referral) - [Did Elon Musk Just Trigger a New Netscape Moment?](https://investorplace.com/2023/05/did-elon-musk-just-trigger-a-new-netscape-moment/?cid=MKT738510&eid=MKT741575&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739344&utm_source=Nasdaq&utm_medium=referral) - [The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors](https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&eid=MKT738955&utm_source=Nasdaq&utm_medium=referral) The post [3 Growth Stocks Cathie Wood Is Betting On Now](https://investorplace.com/2023/06/3-growth-stocks-cathie-wood-is-betting-on-now/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 24.2553
Stock Price 2 days before: 25.5533
Stock Price 1 day before: 25.3764
Stock Price at release: 25.4348
Risk-Free Rate at release: 0.0527
| 30.0486 |
Symbol: CMPS
Security: COMPASS Pathways plc
Related Stocks/Topics: Markets|MNMD|GHRS
Title: The 3 Best Psychedelic Stocks to Buy Now
Type: News
Publication: InvestorPlace
Publication Author: Alex Sirois
Date: 2023-07-02 01:48:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Psychedelic stocks have a bright future with [ 13.5%](https://www.prnewswire.com/news-releases/psychedelic-drugs-market-to-reach-usd-11-82-billion-by-2029--brandessence-market-research-301720168.html) compound annual growth expected through 2029. That growth will certainly draw in investment funding that seeks to capitalize on growth, as psychedelic drugs quickly become a hot topic in the mental health space. Consumers are increasingly interested in mental health and overall awareness is increasing. Mental health advocates have long touted their benefits and favored their mainstream acceptance. Pharmaceutical firms and other traditional healthcare companies have caught on and are on board. That makes early psychedelic stocks potentially very lucrative. ****COMPASS Pathways (CMPS)**** [A row of file folders with labels reading ](https://investorplace.com/wp-content/uploads/2021/08/mental_health_psychiatry_1600-300x169.jpg) Source: Olivier Le Moal / Shutterstock.com** COMPASS Pathways** (NASDAQ: [CMPS](http://www.nasdaq.com/symbol/cmps)) is developing a variety of mental health treatments based on the science of [psilocybin](https://compasspathways.com/our-work/comp360-psilocybin-therapy-in-trd-with-antidepressants/#:~:text=study%20of%20COMP360-,psilocybin,-therapy%20with%20SSRI). The firm’s COMP360 psilocybin treatment is being investigated in multiple clinical trials for various efficacies.Psilocybin is proving efficacious in treating Post Traumatic Stress Disorder (PTSD), Treatment Resistant Depression (TRD) and anorexia nervosa as it progresses through [ clinical](https://compasspathways.com/our-work/pipeline-overview/) stages. COMP360 is the most advanced in relation to TRD and is currently in Phase 3 testing.Investors and mental health advocates must be interested in the upside present in CMPS stock which trades for $7.85 and has an average [ target](https://www.wsj.com/market-data/quotes/CMPS/research-ratings) stock price of $42.30. The company is pre-revenue right now, though. While target prices suggest that any investment can multiply in value, the company must simply continue in order for that to ever happen. COMPASS Pathways used [ $24.2 million](https://ir.compasspathways.com/news-releases/news-release-details/compass-pathways-announces-first-quarter-2023-financial-results) in the first quarter, leaving it with $117.1 million in liquidity. Management has noted that it expects to possibly use $86 million more of that at the upper end through the remainder of this year. ****Mind Medicine (MNMD)**** [Two hands hold a large pill and an abstract head. Gears are being released from the pill into the head, which is full of assorted gears in various sizes.](https://investorplace.com/wp-content/uploads/2020/10/mind-medicine-1600-300x169.jpg) Source: Lightspring / Shutterstock.com** Mind Medicine** (NASDAQ: [MNMD](http://www.nasdaq.com/symbol/mnmd)) is developing a pipeline of drugs to treat depression, anxiety, addiction and other mental health issues. Mind Medicine is studying the utility of [serotonergic psychedelics](https://en.wikipedia.org/wiki/Serotonergic) including LSD, psilocybin and DMT. The company is studying how those compounds can be used to increase the growth of neurons leading to changes referred to as neuroplasticity.Mind Medicine is hopeful that the novel therapeutics it is developing will have increased benefits and fewer side effects than current modalities including antidepressants and psychotherapy. The firm is currently recruiting for multiple clinical studies throughout the United States and Switzerland.While it is behind COMPASS Pathways in regard to that pipeline, it offers similar potential in that share prices [ could](https://www.wsj.com/market-data/quotes/MNMD/research-ratings) multiply several fold. What’s also important to note is that Mind Medicine currently expects its cash [ runway](https://mindmed.co/wp-content/uploads/2023/06/MindMed-Investor-Presentation-June-2023.pdf) to last into the first half of 2025. That should bring it through key clinical readouts that promise to catalyze price increases if positive. ****GH Research (GHRS)**** [Brown glass pill bottle on its side showing white pills inside, with other pill bottles behind it representing MACK stock.](https://investorplace.com/wp-content/uploads/2022/10/pill-bottle-biopharma-biotech-1600-300x169.jpg) Source: shutterstock.com/Champhei** GH Research** (NASDAQ: [GHRS](http://www.nasdaq.com/symbol/ghrs)) is utilizing DMT in treating treatment-resistant depression. The lead candidate treatment said GH001 was useful in bringing 87.5% of patients into ultra-rapid remission. GH Research has also developed two follow-on products, GH002 and GH003, injectable and intranasal forms of the drug.Of the three firms listed in this article, GH Research is financially the strongest of the psychedelic stocks. The firm’s liquidity [ position](https://investor.ghres.com/news-releases/news-release-details/gh-research-reports-first-quarter-2023-financial-results-and) stood at $246.1 million as of March 31. Its first-quarter net loss was $10.9 million. Simple math suggests that its cash runway is very long, especially relative to other firms in the space. It’s fair to state that it is the most stable of the firms listed here in any case.Lead candidate GH001 is also currently being investigated for potential efficacy in treating bipolar 2 disorder and postpartum depression. What’s particularly important to understand about GH Research is that GH001 is fast acting whereas current therapies are not. Remission rates are high. GH001, if commercialized, seemingly should see massive, potentially blockbuster-level sales. 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 InvestorPlace.com [ Publishing Guidelines](https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&utm_medium=referral). Alex Sirois is a freelance contributor to InvestorPlace 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. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739310&utm_source=Nasdaq&utm_medium=referral) - [Wall Street Titan: Here’s My #1 Stock for 2023](https://investorplace.com/2023/04/one-of-the-worlds-biggest-tech-breakthroughs-could-be-happening-in-americas-heartland/?cid=MKT714907&eid=MKT739331&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739342&utm_source=Nasdaq&utm_medium=referral) - [It doesn’t matter if you have $500 or $5 million. Do this now.](https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&eid=MKT739347&utm_source=Nasdaq&utm_medium=referral) The post [The 3 Best Psychedelic Stocks to Buy Now](https://investorplace.com/2023/06/the-3-best-psychedelic-stocks-to-buy-now/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 7.94704
Stock Price 2 days before: 7.97597
Stock Price 1 day before: 8.21596
Stock Price at release: 8.12744
Risk-Free Rate at release: 0.0527
| 9.33092 |
Symbol: MTAL
Security: Metals Acquisition Corp
Related Stocks/Topics: Stocks|FSTR|KOP|OR
Title: Osisko (OR) Raises Silver Stream in Gibraltar Copper Mine
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:50:00
Article: **Osisko Gold Royalties** [OR](https://www.nasdaq.com/market-activity/stocks/or) has increased its silver stream percentage in the long-life Gibraltar copper mine to 87.5%. The mine, located in British Columbia, Canada, is operated by Taseko Mines Limited’s wholly-owned subsidiary. Taseko currently owns an 87.5% stake in the Gibraltar mine.Osisko and Taseko have amended the silver stream in the mine per which, Osisko’s effective stream percentage in the mine is now at 87.5%, up from the prior 70%. Osisko and Taseko have also extended the step-down silver delivery threshold. This is in sync with Taseko’s recently updated mineral reserve estimate for Gibraltar. Osisko will provide total consideration of $10.25 million to Taseko and C$50,000 annually (approximately $37695) for the next three years to help support ongoing environmental, social and corporate governance (ESG) initiatives at Gibraltar. Osisko Gold also recently announced that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty from Hot Chili Limited for a total cash consideration of $15 million. This pertains to Hot Chili’s Costa Fuego Copper-Gold Project in Chile.Costa Fuego, located in Chile, is one of the world’s largest undeveloped copper projects and has the scope to be a long-life, lower-cost copper mine. Significant by-product credits, low elevation and close proximity to key infrastructure are its added benefits.Osisko Gold also recently announced that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), closed the Metals Streams purchase agreement with **Metals Acquisition Limited** [MTAL](https://www.nasdaq.com/market-activity/stocks/mtal).OBL made a $75 million cash payment to Metals Acquisition for the silver stream and a $75 million cash deposit for the copper stream. CSA is an underground copper-silver mine in New South Wales, Australia, with a high grade and a long life. It has a track of reserve and resource replacement, having replaced more than 100% of mined reserves since 2011.In the first quarter of 2023, Osisko Gold reported earnings per share of 13 cents, beating the Zacks Consensus Estimate of 11 cents. The consensus estimate for OR’s 2023 earnings is pegged at 47 cents per share, indicating a decline of 2.1% from the prior-year reported figure. The consensus estimate for second-quarter earnings is at 13 cents per share, suggesting a solid improvement from the loss of 2 cents per share in the year-ago quarter. **Price Performance** In the past year, shares of Osisko Gold Royalties have gained 44.9%, compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/mining-gold-114)’s 10% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/6c/46058.jpg?v=1185780085) Image Source: Zacks Investment Research** Zacks Rank & Other Stocks to Consider** Osisko Gold Royalties currently carries a Zacks Rank #2 (Buy).Other top-ranked stocks in the basic materials space are **L.B. Foster Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr) and **Koppers Holdings Inc.** [KOP](https://www.nasdaq.com/market-activity/stocks/kop). L.B. Foster currently sports a Zacks Rank #1 (Strong Buy) and Koppers currently carries a Zacks Rank of 2. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The Zacks Consensus Estimate for FSTR's current-year earnings has been stable over the past 60 days. L.B. Foster’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 140.5%, on average. FSTR’s shares have gained around 11% in a year.The consensus estimate for KOP’s current-year earnings has been stable over the past 60 days. The consensus estimate for current-year earnings for KOP is currently pegged at $4.40 per share, reflecting an expected year-over-year growth of 6.3%. Koppers’ shares have rallied roughly 48% in the past year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Koppers Holdings Inc. (KOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Osisko Gold Royalties Ltd (OR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Metals Acquisition Ltd (MTAL): Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTAL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115528/osisko-or-raises-silver-stream-in-gibraltar-copper-mine?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 7.4368
Stock Price 2 days before: 10.2841
Stock Price 1 day before: 1.80335
Stock Price at release: 3.45902
Risk-Free Rate at release: 0.0527
| 10.1664 |
Symbol: CHPT
Security: ChargePoint Holdings, Inc.
Related Stocks/Topics: Stocks|TSLA|BLNK|VWAGY
Title: Tesla (TSLA) NACS to Become a Part of Electrify America
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:50:00
Article: With Electrify America, one more company has stepped forward to make **Tesla**’s [TSLA](https://www.nasdaq.com/market-activity/stocks/tsla) North American Charging Standard (NACS) connector a charging standard in North America.Electrify America, a subsidiary of **Volkswagen AG** [VWAGY](https://www.nasdaq.com/market-activity/stocks/vwagy), is an electric vehicle (EV) DC fast charging station network in the United States.Electrify America said that it will add Tesla NACS connectors to Electrify America and Electrify Canada’s fast charging networks by 2025. The company also added that it has no plans to remove the existing Combined Charging System (CCS-1) connectors from its network. The CCS plug will continue to operate alongside the NACS connector in Electrify America’s charging network.The Volkswagen subsidiary currently has 850 charging stations and 4,000 individual charger units in the United States and Canada. It currently operates stations in 46 states across the United States.The announcement came just one day after **Blink Charging Co.** [BLNK](https://www.nasdaq.com/market-activity/stocks/blnk) announced to incorporate NACS plugs into its product line to meet the charging needs of EV drivers, irrespective of the model. Besides Blink, another electric vehicle charging network operator, **ChargePoint Holdings, Inc.** [CHPT](https://www.nasdaq.com/market-activity/stocks/chpt), with a presence in North America, Europe and Australia, announced to add NACS to its existing and future charging networks.Last year, Tesla shared the NACS connector design with charging network operators and automakers to encourage them to adopt the technology and avail their help to make the connector a new charging standard in North America.Since the last month, auto giants like General Motors, Ford, Volvo and Rivian have signed collaboration agreements with Tesla to integrate NACS plugs into their electric vehicles.Moreover, the Society of Automotive Engineers (SAE) has already expedited its efforts to make NACS a standard connector in North America to enhance the country’s charging infrastructure. The adoption by SAE will make the implementation of ports easier for charging station manufacturers and operators. It will also make the charging process more consistent and reliable for EV owners.Most American states, including Texas and Washington, have adopted the NACS connector as a standard and it has also become necessary to qualify for state funding. Tesla already has over 45,000 supercharger stations at over 5,000 sites worldwide. Acceptance of NACS by charging network operators and automakers is paving the way for the adoption of a single connector across EVs. **Zacks Rank & Key Picks** While VWAGY carries a Zacks Rank #2 (Buy), TSLA, BLNK and CHPT currently carry a Zacks Rank #3 (Hold). You can see ** [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518) [Tesla, Inc. (TSLA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=TSLA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[Blink Charging Co. (BLNK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BLNK&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VWAGY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[ChargePoint Holdings, Inc. (CHPT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHPT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115518/tesla-tsla-nacs-to-become-a-part-of-electrify-america?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115518)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 7.94423
Stock Price 2 days before: 8.64403
Stock Price 1 day before: 8.72368
Stock Price at release: 8.79593
Risk-Free Rate at release: 0.0527
| 8.62731 |
Symbol: KOP
Security: Koppers Holdings Inc.
Related Stocks/Topics: Stocks|FSTR|OR|MTAL
Title: Osisko (OR) Raises Silver Stream in Gibraltar Copper Mine
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:50:00
Article: **Osisko Gold Royalties** [OR](https://www.nasdaq.com/market-activity/stocks/or) has increased its silver stream percentage in the long-life Gibraltar copper mine to 87.5%. The mine, located in British Columbia, Canada, is operated by Taseko Mines Limited’s wholly-owned subsidiary. Taseko currently owns an 87.5% stake in the Gibraltar mine.Osisko and Taseko have amended the silver stream in the mine per which, Osisko’s effective stream percentage in the mine is now at 87.5%, up from the prior 70%. Osisko and Taseko have also extended the step-down silver delivery threshold. This is in sync with Taseko’s recently updated mineral reserve estimate for Gibraltar. Osisko will provide total consideration of $10.25 million to Taseko and C$50,000 annually (approximately $37695) for the next three years to help support ongoing environmental, social and corporate governance (ESG) initiatives at Gibraltar. Osisko Gold also recently announced that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty from Hot Chili Limited for a total cash consideration of $15 million. This pertains to Hot Chili’s Costa Fuego Copper-Gold Project in Chile.Costa Fuego, located in Chile, is one of the world’s largest undeveloped copper projects and has the scope to be a long-life, lower-cost copper mine. Significant by-product credits, low elevation and close proximity to key infrastructure are its added benefits.Osisko Gold also recently announced that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), closed the Metals Streams purchase agreement with **Metals Acquisition Limited** [MTAL](https://www.nasdaq.com/market-activity/stocks/mtal).OBL made a $75 million cash payment to Metals Acquisition for the silver stream and a $75 million cash deposit for the copper stream. CSA is an underground copper-silver mine in New South Wales, Australia, with a high grade and a long life. It has a track of reserve and resource replacement, having replaced more than 100% of mined reserves since 2011.In the first quarter of 2023, Osisko Gold reported earnings per share of 13 cents, beating the Zacks Consensus Estimate of 11 cents. The consensus estimate for OR’s 2023 earnings is pegged at 47 cents per share, indicating a decline of 2.1% from the prior-year reported figure. The consensus estimate for second-quarter earnings is at 13 cents per share, suggesting a solid improvement from the loss of 2 cents per share in the year-ago quarter. **Price Performance** In the past year, shares of Osisko Gold Royalties have gained 44.9%, compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/mining-gold-114)’s 10% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/6c/46058.jpg?v=1185780085) Image Source: Zacks Investment Research** Zacks Rank & Other Stocks to Consider** Osisko Gold Royalties currently carries a Zacks Rank #2 (Buy).Other top-ranked stocks in the basic materials space are **L.B. Foster Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr) and **Koppers Holdings Inc.** [KOP](https://www.nasdaq.com/market-activity/stocks/kop). L.B. Foster currently sports a Zacks Rank #1 (Strong Buy) and Koppers currently carries a Zacks Rank of 2. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The Zacks Consensus Estimate for FSTR's current-year earnings has been stable over the past 60 days. L.B. Foster’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 140.5%, on average. FSTR’s shares have gained around 11% in a year.The consensus estimate for KOP’s current-year earnings has been stable over the past 60 days. The consensus estimate for current-year earnings for KOP is currently pegged at $4.40 per share, reflecting an expected year-over-year growth of 6.3%. Koppers’ shares have rallied roughly 48% in the past year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Koppers Holdings Inc. (KOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Osisko Gold Royalties Ltd (OR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Metals Acquisition Ltd (MTAL): Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTAL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115528/osisko-or-raises-silver-stream-in-gibraltar-copper-mine?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115528)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 32.7556
Stock Price 2 days before: 34.1497
Stock Price 1 day before: 34.0945
Stock Price at release: 34.0751
Risk-Free Rate at release: 0.0527
| 38.1735 |
Symbol: WWW
Security: Wolverine World Wide, Inc.
Related Stocks/Topics: Stocks|RCL|LULU|CROX
Title: Wolverine's (WWW) Strategies Look Encouraging, Up 32.4% YTD
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:50:00
Article: **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_06302023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[lululemon athletica inc. (LULU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LULU&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=WWW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[Crocs, Inc. (CROX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CROX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115516/wolverine-s-www-strategies-look-encouraging-up-32-4-ytd?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115516)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 14.0918
Stock Price 2 days before: 14.7083
Stock Price 1 day before: 14.6914
Stock Price at release: 14.6884
Risk-Free Rate at release: 0.0527
| 12.6528 |
Symbol: IVR
Security: Invesco Mortgage Capital Inc.
Related Stocks/Topics: Markets|NLY|ARR
Title: 3 mREIT Stocks in Focus Despite Lackluster Origination Scenario
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: The Zacks [REIT and Equity Trust](https://www.zacks.com/stocks/industry-rank/industry/reit-and-equity-trust-151) has been bearing the brunt of interest rate volatility and uncertainty in the macro-economic conditions due to regional banks’ collapse in the United States, high rates, below-average market liquidity and limited fixed-income demand. This has resulted in a rise in mortgage rates, significantly reducing originations. The mREIT industry should see book value erosion in the near term, as wider spreads in the Agency market affect asset prices.While rising rates have hindered origination volumes, it continues to be a tailwind to servicing businesses, as the two segments are operational hedges for each other. Low prepayment spreads offer respite by supporting asset yields and margins, whereas business diversification will help keep companies afloat. Companies with primarily floating-rate loan books should see a rise in net interest income (NII). Hence, industry players like **Annaly Capital Management, Inc. ** [NLY](https://www.nasdaq.com/market-activity/stocks/nly), **ARMOUR Residential REIT, Inc.** [ARR](https://www.nasdaq.com/market-activity/stocks/arr) and **Invesco Mortgage Capital Inc.** [IVR](https://www.nasdaq.com/market-activity/stocks/ivr) are well-poised to navigate the market blues. **About the Industry** The Zacks REIT and Equity Trust industry comprises mortgage REITs, also known as mREITs. Industry participants invest in and originate mortgages and mortgage-backed securities (MBS), and provide mortgage credit for homeowners and businesses. Typically, these companies focus on either residential or commercial mortgage markets. Some invest in both markets through the respective asset-backed securities. Agency securities are backed by the federal government, making it a safer bet and limiting credit risk. Also, such REITs raise funds in the debt and equity markets through common and preferred equity, repurchase agreements, structured financing, convertible and long-term debt, and other credit facilities. The net interest margin (NIM), the spread between interest income on mortgage assets and securities held, as well as funding costs, is a key revenue metric for mREITs. **What's Shaping the Future of the mREIT Industry?****Purchase Volume Deterioration to Continue**: The incremental volatility in mortgage rates has served as another hurdle for any potential recovery in purchase originations, with buyers and sellers remaining on the sidelines. Housing inventory has fallen and affordability challenges have increased due to high mortgage rates, affecting seasonal buying trends.Amid this lackluster housing market, mortgage originations are likely to continue to be suppressed. This has caused operational and financial challenges for originators, and may reduce the gain on sale margin and new investment activity. **Conservative Approach to Impede Returns**: The Federal Reserve’s aggressive rate hikes to slow persistent inflation has made financial markets extremely volatile, restricting financial conditions and resulting in negative fixed-income fund flows. Given these macro worries, as strain grows on credit-risky assets, we expect mREITs to be selective in their investments, resulting in lower portfolio growth. Also, numerous companies have resorted to a higher hedge ratio to reduce interest rate risks. While such moves may seem prudent in the ongoing uncertain times, those will impede mREITs’ growth expectations. As companies prioritize risk and liquidity management over incremental returns, at least in the short term, we expect robust returns to remain elusive. **Industry Resorts to Dividend Cuts as Book Values Erode**: High volatility in the fixed-income markets, high interest rates, and the widening of the spread between the 30-year Agency MBS and 10-year treasury rate are affecting valuations of Agency mortgage-backed securities. Hence, mREITs will continue to see book value pressure in the upcoming period. Also, liability-sensitive mREITs will see funding costs repricing faster than asset yields. Hence, we anticipate the cost of funds to be a headwind, and reduce net interest spreads and profitability.This scenario has reduced dividend coverage and companies like Invesco Mortgage, Two Harbors Investment Corp. and Annaly have resorted to dividend cuts to preserve book value. This may discourage mREIT investors and result in capital outflows from the industry, potentially resulting in even greater book value declines for companies in the upcoming period. **Zacks Industry Rank Indicates Dismal Prospects** The Zacks REIT and Equity Trust industry is housed within the broader Zacks [Finance](https://www.zacks.com/stocks/industry-rank/sector/finance-13) sector. It carries a Zacks Industry Rank #225, which places it in the bottom 10% of more than 250 Zacks industries.The group’s [Zacks Industry Rank](https://www.zacks.com/zrank/zacks-industry-rank.php), which is basically the average of the Zacks Rank of all the member stocks, indicates underperformance in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.The industry’s positioning in the bottom 50% of the Zacks-ranked industries is an outcome of the disappointing earnings outlook for the constituent companies. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group's earnings growth potential. The industry’s current-year earnings estimates have moved 14.5% down since June 2022.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture. **Industry Lags Sector and S&P 500**The Zacks REIT and Equity Trust industry has lagged the broader Zacks Finance sector and the S&P 500 composite in the past year. The industry has slumped 16.9% in the above-mentioned period against the broader sector’s rise of 4.7%. The S&P Index has gained 14.6% over the past year. **One-Year Price Performance** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/3d/46039.jpg?v=1273278655) Image Source: Zacks Investment Research** Industry's Current Valuation** Based on the trailing 12-month price-to-book (P/BV), which is a commonly used multiple for valuing mREITs, the industry is currently trading at 0.83X compared with the S&P 500’s 5.86X. It is also below the sector’s trailing-12-month P/BV of 2.99X. Over the past five years, the industry has traded as high as 1.11X, as low as 0.38X and at the median of 0.94X. **Price-to-Book TTM** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/a8/46040.jpg?v=1025617046) Image Source: Zacks Investment Research**3 mREIT Stocks Worth Betting On****Invesco Mortgage:**The company primarily focuses on investing in, financing, and managing MBSs and other mortgage-related assets. Amid headwinds for Agency MBSs, the company has been actively managing its portfolio. It has reduced exposure to such securities, as the current macro situation continues to weigh on Agency RMBS valuations. IVR is shifting its Agency RMBS portfolio to higher coupon investments by selling lower coupon ones. As of Mar 31, substantially all of the company’s $5.4-billion investment portfolio consisted of Agency RMBS. It had unrestricted cash and unencumbered investments aggregating $463.9 million. IVR estimates a debt-to-equity ratio of 5.8X and a book value per common share of $12.61.The Zacks Consensus Estimate for IVR’s 2023 earnings has been revised 30.8% upward over the past two months to $4.63. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in all four trailing quarters. IVR has a market cap of $496.8 million.The company sports a Zacks Rank of 1 (Strong Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Price and Consensus: IVR** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/b5/46042.jpg?v=1305482315) Image Source: Zacks Investment Research** Annaly:**The mREIT primarily owns, manages and finances a portfolio of real-estate-related investment securities. Its investment portfolio includes mortgage pass-through certificates, collateralized mortgage obligations and credit risk transfer. NLY’s investment may also comprise other securities indicating interests in or obligations backed by pools of mortgage loans, residential mortgage loans, MSR and corporate debt. Annaly's investment strategy is driven by the prudent selection of assets and effective allocation of capital to achieve stable returns. The company's investment strategy involves traditional Agency MBSs, which provide downside protection and investments in more non-Agency and credit-focused asset classes that aid in enhancing returns.Moreover, Annaly is focusing on the diversification of its investment portfolio. In 2022, the company sold its Middle Market Lending portfolio and completely exited its commercial real estate business. Through these exits, Annaly aims to enhance capabilities across its core housing finance strategy. In line with this, it is allocating capital to residential credit businesses and the MSR platform, along with Agency MBS. Focus on residential credit will enhance the stability of returns across various rate and macro scenarios. Past acquisitions of MTGE Investment and Hatteras Financial Corp helped diversify investment and financing options for the company.The company currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for NLY’s 2023 earnings has been revised marginally upward to $2.86 in the past two months. While earnings are expected to decline 32% in 2023, the same is likely to increase1.7% in 2024. NLY has a market cap of $9.88 billion. **Price and Consensus: NLY** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/8b/46043.jpg?v=186060341) Image Source: Zacks Investment Research** ARMOUR Residential**: This REIT invests primarily in fixed-rate residential, adjustable rate and hybrid adjustable-rate RMBS issued or guaranteed by U.S. Government-sponsored enterprises or guaranteed by the Government National Mortgage Association. ARMOUR Residential's portfolio comprised totally of agency MBS as of the first-quarter end. It had a debt-to-equity ratio of 8.7 to 1 (based on repurchase agreements divided by total stockholders’ equity). Liquidity, including cash and unencumbered agency and U.S. government securities, aggregated $550.2 million as of the first-quarter 2023 end. Supported by high liquidity, the company repurchased 842,927 shares of common stock at an average cost of $5.11 per share.The company currently carries a Zacks Rank #2. It has a decent earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four trailing quarters. The Zacks Consensus Estimate for ARMOUR Residential’s 2023 earnings has been revised marginally upward in the past two months. While earnings are expected to decline 4.3% in 2023, the same is likely to rebound 1.4% in 2024. ARR has a market cap of $1.04 billion. **Price and Consensus: ARR** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/7e/46044.jpg?v=1928622467) Image Source: Zacks Investment Research** Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INDUSTRYOUTLOOK_06302023&cid=CS-NASDAQ-FT-industry_outlook-2115415)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[Annaly Capital Management Inc (NLY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NLY&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[ARMOUR Residential REIT, Inc. (ARR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARR&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[INVESCO MORTGAGE CAPITAL INC (IVR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=IVR&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415) [To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115415/3-mreit-stocks-in-focus-despite-lackluster-origination-scenario?cid=CS-NASDAQ-FT-industry_outlook-2115415)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.8415
Stock Price 2 days before: 11.6632
Stock Price 1 day before: 20.4261
Stock Price at release: 11.9349
Risk-Free Rate at release: 0.0527
| 12.1204 |
Symbol: WRLD
Security: World Acceptance Corporation
Related Stocks/Topics: Stocks|ORI|COOP|HMPT
Title: Mr. Cooper (COOP) Prolongs Tender Offer for Home Point Buyout
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Mr. Cooper Group Inc.** [COOP](https://www.nasdaq.com/market-activity/stocks/coop) extended the deadline of the tender offer to buy **Home Point Capital Inc. **’s [HMPT](https://www.nasdaq.com/market-activity/stocks/hmpt) all outstanding shares. The deal was earlier scheduled to close on Jun 27.As of the previous closing date, 98.2%, or around 136 million shares of the acquiree had been validly tendered. However, some approval and regulatory conditions are yet to be met before the deal concludes. Hence, Mr. Cooper’s subsidiary, Heisman Merger Sub, has extended the deadline to Jul 21 to allow more time for fulfilling the required conditions. No action is required from the shareholders following the extension, who have already tendered their shares. The planned acquisition was first announced in May when Mr. Cooper agreed to purchase Home Point Capital’s all outstanding shares for around $324 million in cash.Per the previous announcement, COOP was expected to assume Home Point’s outstanding 5% senior notes, which are due in February 2026. The company expects the notes to serve as a low-cost funding source. Following the close of the deal, Mr. Cooper intends to provide a friction-free experience to Home Point’s high-valued borrowers with high FICO scores.The acquisition is expected to bump up COOP’s customer base, which was at 4.1 million in the first quarter. It will also likely enhance the acquirer’s servicing portfolio with Home Point’s $84 billion portfolio. In the first quarter, Mr. Cooper’s Servicing unit generated an adjusted pre-tax profit of $157 million. **Price Performances** Shares of the company have jumped 26.9% in the year-to-date period, outperforming the 18.1% rise of the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-consumer-loans-61).[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/16/46038.jpg?v=1204700866) Image Source: Zacks Investment Research **Zacks Rank & Key Picks** Mr. Cooper currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the broader [finance](https://www.zacks.com/stocks/industry-rank/sector/finance-13) space are **World Acceptance Corporation** [WRLD](https://www.nasdaq.com/market-activity/stocks/wrld) and **Old Republic International Corporation** [ORI](https://www.nasdaq.com/market-activity/stocks/ori), each sporting a Zacks Rank #1 (Strong Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) [.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) Based in Greenville, SC, World Acceptance is a finance company providing personal loan solutions and tax preparation, as well as filing services. The Zacks Consensus Estimate for WRLD’s current year earnings indicates a more than 200% year-over-year increase.Headquartered in Chicago, Old Republic International has an insurance underwriting business and related services. The Zacks Consensus Estimate for ORI’s 2023 earnings has improved 9.1% over the past 60 days. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[World Acceptance Corporation (WRLD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WRLD&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[Old Republic International Corporation (ORI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ORI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[MR. COOPER GROUP INC (COOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=COOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[Home Point Capital Inc. (HMPT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=HMPT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115418/mr-cooper-coop-prolongs-tender-offer-for-home-point-buyout?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2115418)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 132.465
Stock Price 2 days before: 137.865
Stock Price 1 day before: 134.084
Stock Price at release: 135.518
Risk-Free Rate at release: 0.0527
| 159.556 |
Symbol: ARR
Security: ARMOUR Residential REIT, Inc.
Related Stocks/Topics: Markets|NLY|IVR
Title: 3 mREIT Stocks in Focus Despite Lackluster Origination Scenario
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: The Zacks [REIT and Equity Trust](https://www.zacks.com/stocks/industry-rank/industry/reit-and-equity-trust-151) has been bearing the brunt of interest rate volatility and uncertainty in the macro-economic conditions due to regional banks’ collapse in the United States, high rates, below-average market liquidity and limited fixed-income demand. This has resulted in a rise in mortgage rates, significantly reducing originations. The mREIT industry should see book value erosion in the near term, as wider spreads in the Agency market affect asset prices.While rising rates have hindered origination volumes, it continues to be a tailwind to servicing businesses, as the two segments are operational hedges for each other. Low prepayment spreads offer respite by supporting asset yields and margins, whereas business diversification will help keep companies afloat. Companies with primarily floating-rate loan books should see a rise in net interest income (NII). Hence, industry players like **Annaly Capital Management, Inc. ** [NLY](https://www.nasdaq.com/market-activity/stocks/nly), **ARMOUR Residential REIT, Inc.** [ARR](https://www.nasdaq.com/market-activity/stocks/arr) and **Invesco Mortgage Capital Inc.** [IVR](https://www.nasdaq.com/market-activity/stocks/ivr) are well-poised to navigate the market blues. **About the Industry** The Zacks REIT and Equity Trust industry comprises mortgage REITs, also known as mREITs. Industry participants invest in and originate mortgages and mortgage-backed securities (MBS), and provide mortgage credit for homeowners and businesses. Typically, these companies focus on either residential or commercial mortgage markets. Some invest in both markets through the respective asset-backed securities. Agency securities are backed by the federal government, making it a safer bet and limiting credit risk. Also, such REITs raise funds in the debt and equity markets through common and preferred equity, repurchase agreements, structured financing, convertible and long-term debt, and other credit facilities. The net interest margin (NIM), the spread between interest income on mortgage assets and securities held, as well as funding costs, is a key revenue metric for mREITs. **What's Shaping the Future of the mREIT Industry?****Purchase Volume Deterioration to Continue**: The incremental volatility in mortgage rates has served as another hurdle for any potential recovery in purchase originations, with buyers and sellers remaining on the sidelines. Housing inventory has fallen and affordability challenges have increased due to high mortgage rates, affecting seasonal buying trends.Amid this lackluster housing market, mortgage originations are likely to continue to be suppressed. This has caused operational and financial challenges for originators, and may reduce the gain on sale margin and new investment activity. **Conservative Approach to Impede Returns**: The Federal Reserve’s aggressive rate hikes to slow persistent inflation has made financial markets extremely volatile, restricting financial conditions and resulting in negative fixed-income fund flows. Given these macro worries, as strain grows on credit-risky assets, we expect mREITs to be selective in their investments, resulting in lower portfolio growth. Also, numerous companies have resorted to a higher hedge ratio to reduce interest rate risks. While such moves may seem prudent in the ongoing uncertain times, those will impede mREITs’ growth expectations. As companies prioritize risk and liquidity management over incremental returns, at least in the short term, we expect robust returns to remain elusive. **Industry Resorts to Dividend Cuts as Book Values Erode**: High volatility in the fixed-income markets, high interest rates, and the widening of the spread between the 30-year Agency MBS and 10-year treasury rate are affecting valuations of Agency mortgage-backed securities. Hence, mREITs will continue to see book value pressure in the upcoming period. Also, liability-sensitive mREITs will see funding costs repricing faster than asset yields. Hence, we anticipate the cost of funds to be a headwind, and reduce net interest spreads and profitability.This scenario has reduced dividend coverage and companies like Invesco Mortgage, Two Harbors Investment Corp. and Annaly have resorted to dividend cuts to preserve book value. This may discourage mREIT investors and result in capital outflows from the industry, potentially resulting in even greater book value declines for companies in the upcoming period. **Zacks Industry Rank Indicates Dismal Prospects** The Zacks REIT and Equity Trust industry is housed within the broader Zacks [Finance](https://www.zacks.com/stocks/industry-rank/sector/finance-13) sector. It carries a Zacks Industry Rank #225, which places it in the bottom 10% of more than 250 Zacks industries.The group’s [Zacks Industry Rank](https://www.zacks.com/zrank/zacks-industry-rank.php), which is basically the average of the Zacks Rank of all the member stocks, indicates underperformance in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.The industry’s positioning in the bottom 50% of the Zacks-ranked industries is an outcome of the disappointing earnings outlook for the constituent companies. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group's earnings growth potential. The industry’s current-year earnings estimates have moved 14.5% down since June 2022.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture. **Industry Lags Sector and S&P 500**The Zacks REIT and Equity Trust industry has lagged the broader Zacks Finance sector and the S&P 500 composite in the past year. The industry has slumped 16.9% in the above-mentioned period against the broader sector’s rise of 4.7%. The S&P Index has gained 14.6% over the past year. **One-Year Price Performance** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/3d/46039.jpg?v=1273278655) Image Source: Zacks Investment Research** Industry's Current Valuation** Based on the trailing 12-month price-to-book (P/BV), which is a commonly used multiple for valuing mREITs, the industry is currently trading at 0.83X compared with the S&P 500’s 5.86X. It is also below the sector’s trailing-12-month P/BV of 2.99X. Over the past five years, the industry has traded as high as 1.11X, as low as 0.38X and at the median of 0.94X. **Price-to-Book TTM** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/a8/46040.jpg?v=1025617046) Image Source: Zacks Investment Research**3 mREIT Stocks Worth Betting On****Invesco Mortgage:**The company primarily focuses on investing in, financing, and managing MBSs and other mortgage-related assets. Amid headwinds for Agency MBSs, the company has been actively managing its portfolio. It has reduced exposure to such securities, as the current macro situation continues to weigh on Agency RMBS valuations. IVR is shifting its Agency RMBS portfolio to higher coupon investments by selling lower coupon ones. As of Mar 31, substantially all of the company’s $5.4-billion investment portfolio consisted of Agency RMBS. It had unrestricted cash and unencumbered investments aggregating $463.9 million. IVR estimates a debt-to-equity ratio of 5.8X and a book value per common share of $12.61.The Zacks Consensus Estimate for IVR’s 2023 earnings has been revised 30.8% upward over the past two months to $4.63. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in all four trailing quarters. IVR has a market cap of $496.8 million.The company sports a Zacks Rank of 1 (Strong Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Price and Consensus: IVR** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/b5/46042.jpg?v=1305482315) Image Source: Zacks Investment Research** Annaly:**The mREIT primarily owns, manages and finances a portfolio of real-estate-related investment securities. Its investment portfolio includes mortgage pass-through certificates, collateralized mortgage obligations and credit risk transfer. NLY’s investment may also comprise other securities indicating interests in or obligations backed by pools of mortgage loans, residential mortgage loans, MSR and corporate debt. Annaly's investment strategy is driven by the prudent selection of assets and effective allocation of capital to achieve stable returns. The company's investment strategy involves traditional Agency MBSs, which provide downside protection and investments in more non-Agency and credit-focused asset classes that aid in enhancing returns.Moreover, Annaly is focusing on the diversification of its investment portfolio. In 2022, the company sold its Middle Market Lending portfolio and completely exited its commercial real estate business. Through these exits, Annaly aims to enhance capabilities across its core housing finance strategy. In line with this, it is allocating capital to residential credit businesses and the MSR platform, along with Agency MBS. Focus on residential credit will enhance the stability of returns across various rate and macro scenarios. Past acquisitions of MTGE Investment and Hatteras Financial Corp helped diversify investment and financing options for the company.The company currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for NLY’s 2023 earnings has been revised marginally upward to $2.86 in the past two months. While earnings are expected to decline 32% in 2023, the same is likely to increase1.7% in 2024. NLY has a market cap of $9.88 billion. **Price and Consensus: NLY** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/8b/46043.jpg?v=186060341) Image Source: Zacks Investment Research** ARMOUR Residential**: This REIT invests primarily in fixed-rate residential, adjustable rate and hybrid adjustable-rate RMBS issued or guaranteed by U.S. Government-sponsored enterprises or guaranteed by the Government National Mortgage Association. ARMOUR Residential's portfolio comprised totally of agency MBS as of the first-quarter end. It had a debt-to-equity ratio of 8.7 to 1 (based on repurchase agreements divided by total stockholders’ equity). Liquidity, including cash and unencumbered agency and U.S. government securities, aggregated $550.2 million as of the first-quarter 2023 end. Supported by high liquidity, the company repurchased 842,927 shares of common stock at an average cost of $5.11 per share.The company currently carries a Zacks Rank #2. It has a decent earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four trailing quarters. The Zacks Consensus Estimate for ARMOUR Residential’s 2023 earnings has been revised marginally upward in the past two months. While earnings are expected to decline 4.3% in 2023, the same is likely to rebound 1.4% in 2024. ARR has a market cap of $1.04 billion. **Price and Consensus: ARR** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/7e/46044.jpg?v=1928622467) Image Source: Zacks Investment Research** Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INDUSTRYOUTLOOK_06302023&cid=CS-NASDAQ-FT-industry_outlook-2115415)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[Annaly Capital Management Inc (NLY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NLY&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[ARMOUR Residential REIT, Inc. (ARR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARR&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415)[INVESCO MORTGAGE CAPITAL INC (IVR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=IVR&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115415) [To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115415/3-mreit-stocks-in-focus-despite-lackluster-origination-scenario?cid=CS-NASDAQ-FT-industry_outlook-2115415)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 5.33867
Stock Price 2 days before: 5.34632
Stock Price 1 day before: 20.1667
Stock Price at release: 6.07351
Risk-Free Rate at release: 0.0527
| 5.16201 |
Symbol: OSW
Security: OneSpaWorld Holdings Limited
Related Stocks/Topics: Stocks|CCL|RCL|TCOM
Title: Here's Why Investors Should Retain Carnival (CCL) Stock Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Carnival Corporation & plc** [CCL](https://www.nasdaq.com/market-activity/stocks/ccl) will likely benefit from strong demand, solid booking trends and new ship additions. Also, its focus on SEA Change program bodes well. However, increased expenses are a concern.Let us discuss why investors should retain the stock for the time being. **Key Growth Drivers** Shares of Carnival have gained 112.9% in the past six months compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/leisure-and-recreation-services-92)’s 26.7% growth. The company has been benefiting from solid demand for cruising, strong pricing environment and capacity-generation initiatives. Also, it stated the benefits from new marketing campaign and demand-generation efforts. During the second quarter of fiscal 2023, the company's search performance increased 63% from the prior quarter’s figure and 87% from 2019 levels. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/53/46035.jpg?v=889169717) Image Source: Zacks Investment ResearchThe company gains from solid booking trends. During the fiscal second quarter, the company reported solid bookings for the North America and Australia (NAA) and Europe segments. The upside was backed by strong demand, bundled package offerings and pre-cruise sales. During the quarter, the company's NAA bookings curve is further out than 2019 levels, while the European recovery trajectory brought it within 10% of 2019 levels. The company stated that its remaining 2023 cumulative advanced booked position is at increased prices compared with 2019 levels. Total customer deposits as of May 31 were at an all-time high of $7.2 billion compared with $5.7 billion reported in the previous quarter. The amount was higher than $6 billion reported in 2019.Increased focus on new ship additions bode well. In second-quarter fiscal 2023, the company had 14 newly-delivered ships, comprising about 25% of its capacity. It announced the addition of Carnival Venezia to its Carnival Cruise Line fleet. The company anticipates the delivery of the Seabourn luxury expedition ship in fiscal 2023. Also, it emphasized on a pipeline of four ships to be delivered through 2025.During the second quarter of fiscal 2023, CCL announced its SEA Change Program. The program was started with the intention of achieving sig nificant strategic objectives over a three-year period concluding in 2026. The main performance goals are to increase adjusted EBITDA per ALBD by 50% (compared with the 2023 June guidance), reduce carbon intensity by more than 20% (relative to 2019) and achieve 12% adjusted return on invested capital. **Concerns** Carnival is bearing the brunt of high expenses for quite some time. During the fiscal second quarter, adjusted cruise costs (excluding fuel per ALBD) increased 13.5% (in constant currency) from 2019 levels. The upside was primarily driven by a rise in dry-dock related expenses, higher advertising investments and incentive compensation increases. For third-quarter fiscal 2023, the company anticipates adjusted cruise costs to increase in the range of 12.5-13.5% from 2019 levels. **Zacks Rank & Key Picks** Carnival currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the Zacks [Consumer Discretionary](https://www.zacks.com/stocks/industry-rank/sector/consumer-discretionary-2) sector are as follows:**Royal Caribbean Cruises Ltd.** [RCL](https://www.nasdaq.com/market-activity/stocks/rcl) sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 26.4%, on average. Shares of RCL have surged 187.8% in the past year. You can see [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank) The Zacks Consensus Estimate for Royal Caribbean Cruises’ 2023 sales and EPS indicates a rise of 48.7% and 162.9%, respectively, from the year-ago period’s levels. **Trip.com Group Limited** [TCOM](https://www.nasdaq.com/market-activity/stocks/tcom) flaunts a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 147.9%, on average. Shares of TCOM have increased 24.8% in the past year.The Zacks Consensus Estimate for Trip.com Group’s 2023 sales and EPS implies an increase of 101.6% and 531%, respectively, from the year-ago period’s levels. **OneSpaWorld Holdings Limited** [OSW](https://www.nasdaq.com/market-activity/stocks/osw) carries a Zacks Rank #2 (Buy). OSW has a trailing four-quarter earnings surprise of 65.8%, on average. Shares of OSW have increased 64.8% in the past year. The Zacks Consensus Estimate for OSW’s 2023 sales and EPS indicates a rise of 33.9% and 89.3%, respectively, from the year-ago period’s levels. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_06302023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488)[Carnival Corporation (CCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488)[Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488) [OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OSW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488)[Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=TCOM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115488/here-s-why-investors-should-retain-carnival-ccl-stock-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115488)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.2342
Stock Price 2 days before: 11.8107
Stock Price 1 day before: 12.1092
Stock Price at release: 11.8507
Risk-Free Rate at release: 0.0527
| 12.7618 |
Symbol: AVDX
Security: AvidXchange Holdings, Inc.
Related Stocks/Topics: Stocks|BIDU|AKAM|VSH
Title: Vishay (VSH) Boosts Optoelectronics Offerings With New Modules
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Vishay Intertechnology, Inc.** [VSH](https://www.nasdaq.com/market-activity/stocks/vsh) unveiled two new fixed-gain infrared (IR) sensor modules, namely TSSP93038DF1PZA and TSSP93038SS1ZA.The new sensor modules operate seamlessly in bright sunlight without additional components like dark panels, apertures and sunshades. Thus, the new devices help in reducing system costs.Further, they feature a low supply current of 0.35 mA and offer irradiance of 1.3 mW/m² in compact minimold packages. These modules operate over a supply voltage range from 2.0 V to 3.6 V.Notably, both modules are capable of sensing the distance to objects for toys, drones, robots, and vicinity switches. They are also well-equipped to detect the presence of traffic control lights and parking lot, gateway access and water level sensors.Additionally, these devices can be used for sensing light barriers for sports racing and lawnmower robots. Also, they can be used as reflective sensors for hand dryers, towel or soap dispensers, water faucets, toilets, vending machine fall detection, and security and pet gates.The useful nature and cost-effectiveness of TSSP93038DF1PZA and TSSP93038SS1ZA are expected to aid Vishay in gaining momentum across outdoor sensor applications. **Vishay Intertechnology, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/VSH/price-consensus-chart?icid=chart-VSH-price-consensus-chart) [Vishay Intertechnology, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/VSH/price-consensus-chart?icid=chart-VSH-price-consensus-chart) | [Vishay Intertechnology, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/vsh)**Growth Prospects** The latest move has added strength to the company’s optoelectronics portfolio. Moreover, growing optoelectronics offerings position the company well to expand its footprint in the optoelectronics industry.Per a report from The Business Research Company, the global optoelectronics market is expected to reach $14.56 billion by 2027 at a CAGR of 18.4%.A Precedence Research report shows that the market is expected to hit $21.2 billion by 2032, by registering a CAGR of 12.5% between 2023 and 2032.We note that growing prospects in this booming market are likely to instill investor optimism in the stock.Vishay has gained 35.7% on a year-to-date basis against the [industry](https://www.zacks.com/stocks/industry-rank/industry/semiconductor-discretes-247)’s decline of 5.2%. **Expanding Portfolio** Vishay's latest move is in line with its growing efforts to expand its overall product portfolio.Apart from the launch of TSSP93038DF1PZA and TSSP93038SS1ZA, Vishay recently rolled out four new series of 200 V FRED Pt ultrafast rectifiers in the low profile DFN3820A package, with the help of which it remains well-poised to gain solid momentum across commercial, industrial and automotive applications.Furthermore, the company introduced a new automotive Grade photovoltaic MOSFET driver called VOMDA1271. It provides high performance, fast switching times and a high open circuit output voltage, making it ideal for automotive applications.Vishay also introduced MCB ISOA, a thick film power resistor. The device offers high power dissipation and optional temperature monitoring, making itself ideal for automotive, industrial, and avionics, military and space applications.Additionally, the company introduced 17 new Gen 3 650V silicon carbide Schottky diodes with improved efficiency and reliability.We think that all these efforts will likely drive the company's top line in the days ahead. **Zacks Rank & Stocks to Consider** Currently, Vishay Intertechnology carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the broader technology sector are **Akamai Technologies** [AKAM](https://www.nasdaq.com/market-activity/stocks/akam), **AvidXchange** [AVDX](https://www.nasdaq.com/market-activity/stocks/avdx-0) and **Baidu** [BIDU](https://www.nasdaq.com/market-activity/stocks/bidu). Akamai Technologies sports a Zacks Rank #1 (Strong Buy), while AvidXchange and Baidu carry a Zacks Rank #2 (Buy) each. You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link)**Akamai shares have gained 5.6% in the year-to-date period. The long-term earnings growth rate for AKAM is currently projected at 10%.AvidXchange shares have increased 4.7% in the year-to-date period. The long-term earnings growth rate for AVDX is currently projected at 22.90%.Baidu shares have gained 17.7% in the year-to-date period. Its long-term earnings growth rate is presently projected at 48%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_253_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[Baidu, Inc. (BIDU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BIDU&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=AKAM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=VSH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[AvidXchange Holdings, Inc. (AVDX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AVDX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115417/vishay-vsh-boosts-optoelectronics-offerings-with-new-modules?cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2115417)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.3706
Stock Price 2 days before: 10.5787
Stock Price 1 day before: 10.4573
Stock Price at release: 10.3823
Risk-Free Rate at release: 0.0527
| 12.547 |
Symbol: MTW
Security: The Manitowoc Company, Inc.
Related Stocks/Topics: Markets|CAT|ASTE|TEX|KMTUY
Title: 5 Stocks to Watch in the Promising Construction & Mining Equipment Industry
Type: News
Publication: Zacks
Publication Author: Madhurima Das
Date: 2023-07-02 01:55:00
Article: The Zacks [Manufacturing - Construction and Mining](https://www.zacks.com/stocks/industry-rank/industry/manufacturing-construction-and-mining-95) industry is poised well to gain from the stepped-up infrastructure investment spending in the United States and solid demand from the mining sector, fueled by the energy transition trend. Indications of easing supply-chain issues increase optimism.Players like **Caterpillar Inc.** [CAT](https://www.nasdaq.com/market-activity/stocks/cat), **Komatsu** [KMTUY](https://www.nasdaq.com/market-activity/stocks/kmtuy), **Terex Corporation** [TEX](https://www.nasdaq.com/market-activity/stocks/tex), **Astec Industries, Inc.** [ASTE](https://www.nasdaq.com/market-activity/stocks/aste) and **Manitowoc** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw) are likely to ride on these demand trends. They are anticipated to benefit from their efforts to bring technologically advanced products to the market. They have also been focusing on improving productivity and efficiency to counter cost pressures. **About the Industry** The Zacks Manufacturing - Construction and Mining industry comprises companies that manufacture and sell construction, mining and utility equipment. They support customers using machinery in the construction of commercial, institutional and residential buildings, and infrastructure projects. Their equipment is also utilized in underground mining, drilling and mineral processing, and surface mining to extract and haul copper, iron ore, coal, oil sands, aggregates, gold, and other minerals and ores. Their products are varied, including loaders, pavers, dozers, excavators, concrete mixer trucks, crushing, pulverizing, and screening equipment, tractors and cranes. Industry participants support oil and gas, power generation, marine, rail, and industrial applications through their reciprocating engines, generator sets, gas turbines and turbine-related services. **Trends Shaping the Future of the Manufacturing - Construction and Mining Industry****Easing Supply-Chain Disruptions Raise Hope**: Per the Federal Reserve, industrial production was down 0.2% in May 2023, while manufacturing output inched up 0.1%. Overall, industrial production rose 0.2% over the 12 months ended May 2023. In May, the Institute for Supply Management’s manufacturing index was 46.9%, contracting for the seventh month in a row. The average for the past 12 months (ended May 2023) is 49.4. Amid the ongoing uncertainty in the global economy and persisting inflationary trends, customers have been curbing their spending. The manufacturing sector has also been bearing the brunt of supply-chain issues. On a positive note, some industry players have recently noted that supply-chain issues have been easing and lead times have been improving. The delivery performance of suppliers to manufacturing organizations was reported to be faster for the eighth consecutive month in May. The Supplier Deliveries Index registered 43.5% growth in May, indicating the fastest supplier delivery performance since March 2009, when it had touched a trough of 43.2%. As the situation eases back to normalcy, diverse end-market demand will drive the industry’s growth. **Demand Strength in Mining & Construction to Drive the Industry**: The intensifying global focus on shifting from fossil fuels to zero emissions will require a large number of commodities, which, in turn, will support mining equipment demand in the years to come. The U.S. government's plans to increase investment in infrastructure construction, particularly in critical subsectors, such as transportation, water and sewerage, and telecommunications, should support demand in the coming years. **Higher Pricing, Cost Cuts to Boost Margins**: The industry is facing input cost inflation, and transport and logistic costs. Industry players are focusing on pricing actions and efforts to improve productivity and efficiency. They are constantly implementing cost-reduction actions, which are likely to help sustain margins in this scenario. The companies are focused on streamlining their operations and realigning around high-growth key markets or customer segments to enhance their performances. **Investment in Digital Initiatives a Key Catalyst:** The industry participants are investing in digital initiatives like AI, cloud computing, advanced analytics and robotics. Digital transformation aids organizations in boosting productivity,y and increasing efficiency, reliability and safety, thereby enriching customer satisfaction. With the pressing need to cut carbon emissions, companies worldwide are relying more on autonomous machinery. Thus, players in the Manufacturing - Construction and Mining industry are stepping up their research and technological capabilities to bring products into the market equipped with the latest technology. **Zacks Industry Rank Indicates Upbeat Prospects** The group’s [Zacks Industry Rank](https://www.zacks.com/zrank/zacks-industry-rank.php), basically the average of the Zacks Rank of all the member stocks, indicates bright prospects in the near term. The Zacks Manufacturing - Construction and Mining industry, a seven-stock group within the broader Zacks [Industrial Products](https://www.zacks.com/stocks/industry-rank/sector/industrial-products-7) sector, currently carries a Zacks Industry Rank #6, which places it at the top 2% of 250 Zacks industries.Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. So far this year, the industry’s earnings estimates for the current year have been revised upward by 16%.Before we present a few stocks that you may want to consider for your portfolio, let’s look at the industry’s recent stock-market performance and the valuation picture. **Industry Versus Broader Market** The Manufacturing - Construction and Mining industry has outperformed its sector and the Zacks S&P 500 composite over the past year. Over this period, the industry has gained 36.2% compared with the sector’s rise of 23%. The Zacks S&P 500 composite has rallied 15.7% in the same time frame. **One-Year Price Performance**** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfprice_20230630.jpg)****Industry's Current Valuation** On the basis of the forward 12-month EV/EBITDA ratio, a commonly used multiple for valuing Manufacturing - Construction and Mining companies, we see that the industry is currently trading at 9.57 compared with the S&P 500’s 11.64 and the Industrial Products sector’s trailing 12-month EV/EBITDA of 14.54. This is shown in the charts below. **Enterprise Value/EBITDA (EV/EBITDA) F12M Ratio** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfvalsp_20230630.jpg)**Enterprise Value/EBITDA (EV/EBITDA) F12M Ratio** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfvalsec_20230630.jpg) Over the last five years, the industry has traded as high as 14.83 and as low as 7.04, the median being 10.19. **5 Manufacturing - Construction & Mining Stocks to Keep a Close Eye on** **Komatsu**: The company has been witnessing strong demand for construction, mining and utility equipment, which, along with higher selling prices, led to improved revenues and segmental profits in fiscal 2022 (ended Mar 31, 2023). This has been instrumental in the 21% increase in its share price over the past year. In North America, demand should be steady in residential and non-residential, as well as road and traffic infrastructure. For industrial machinery, sales are likely to be supported by strong sales of the Excimer laser-related business for the semiconductor manufacturing industry. Its efforts to provide zero-emission solutions for its global customers will likely be a growth driver. KMTUY will benefit from its cost-reduction efforts. Komatsu is working on expanding offerings for underground hard rock mining and introducing products that offer automation and autonomous operation of equipment. It has also been active on the acquisition front, having added Mine Site Technologies and Bracke of Sweden in 2022 and the buyout of GHH in Germany in the pipeline.Headquartered in Tokyo, Japan, Komatsu manufactures and sells construction, mining and utility equipment, and forest and industrial machinery worldwide. The Zacks Consensus Estimate for the company’s fiscal 2023 earnings has been revised upward by 14.7% over the past 60 days. The consensus estimate indicates 0.4% year-over-year growth. The company has a trailing four-quarter earnings surprise of 24%, on average. KMTUY has an estimated long-term earnings growth rate of 5%. It currently sports a Zacks Rank #1 (Strong Buy).You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas)**. **Price & Consensus: KMTUY** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/kmtuy_20230630.jpg)**Terex**: The company’s backlog has been on an uptrend over the past nine quarters and was at $4.1 billion at the end of the first quarter of 2023, aided by improvement in both segments. This, along with solid demand, pricing and cost-saving actions, positions the company well for improved results. TEX is progressing well on its “Execute, Innovate, Grow" strategy, which should drive growth. In sync with this, it is investing in innovative products, digital innovation, the expansion of manufacturing facilities and strategic acquisitions. Terex is focused on aligning production and cost structure across its segments in response to the customer demand environment, while aggressively managing costs and working capital. Shares of TEX have gained 113% over the past year.Norwalk, CT-based Terex manufactures and sells aerial work platforms and material processing machinery worldwide. The Zacks Consensus Estimate for 2023 earnings indicates year-over-year growth of 38.2%. Earnings estimates have moved north 22% over the past 60 days. TEX has a trailing four-quarter earnings surprise of 27.1%, on average, and an estimated long-term earnings growth rate of 17.6%. The company flaunts a Zacks Rank #1 at present. **Price & Consensus: TEX** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/tex_20230630.jpg)**Astec**: The company is witnessing robust demand across its Infrastructure Solutions and Material Solutions businesses, as well as improved parts sales volume. ASTE’s shares have gained 8.5% in a year. ASTE is progressing well on its OneASTEC business model, with the strategic pillars of Simplify, Focus and Grow. This model has helped the company mitigate the current supply-chain challenges and logistic disruptions, thereby improving the overall operating performance. Astec continues to reduce organizational structure complexity, and consolidate and rationalize its footprint. Its focus on innovation, expanding globally through disciplined and strategic acquisitions, will aid its growth. The company has been committed to the improvement of its part sales volume and the digital platform over the long term.Chattanooga, TN-based Astec manufactures and sells equipment and components for road building and related construction activities worldwide. The Zacks Consensus Estimate for the company’s 2023 earnings has been revised 30% upward in 60 days. The consensus estimate indicates year-over-year growth of 122%. ASTE sports a Zacks Rank #1 at present. **Price & Consensus: ASTE** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/aste_20230630.jpg)**Manitowoc**: The company has been witnessing high customer demand, as evident from its higher order levels and backlog. Backed by this, its share price has increased 77% in the past year. The company’s innovation pipeline has been robust and its aftermarket business has been performing well. MTW remains focused on improving this crucial part of its business. The company is committed to cash preservation and balance sheet management, while funding critical programs for future growth. Given that the tower crane market in China is the largest in the world, Manitowoc is scaling up its China tower crane business. It is also expanding its tower crane rental fleet in Europe. These strategic initiatives, along with MTW’s pursuit of acquisition opportunities to accelerate product development programs in its all-terrain product line, will help drive long-term growth.Milwaukee, WI-based Manitowoc provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East and the Asia Pacific. The Zacks Consensus Estimate for this year’s earnings has increased 32% in the past 90 days. The consensus mark indicates year-over-year growth of 5.7%. The company has a trailing four-quarter earnings surprise of 256.3%, on average. MTW currently sports a Zacks Rank #1. **Price & Consensus: MTW** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/mtw_20230630.jpg)**Caterpillar**: The company’s revenues and earnings have been growing year over year for nine straight quarters, owing to its cost-saving actions, strong end-market demand and pricing actions. CAT’s backlog was a solid $30.4 billion at the end of the first quarter of 2023, which will support its top line in the upcoming quarters. Caterpillar is anticipated to gain from strength in residential construction and non-residential construction in the United States. The company has been investing in enhancing its digital capabilities, connecting assets and job sites, and developing the next generation of more productive and efficient products, which will continue to be a growth driver. It is funding initiatives that drive long-term growth focused on areas of expanded offerings and services, and digital initiatives like e-commerce, sustainability and electrification. The stock has gained 37% in a year, aided by these tailwinds.Known for its iconic yellow machines, Caterpillar is the largest global construction and mining equipment manufacturer. The Zacks Consensus Estimate for CAT’s 2023 earnings indicates year-over-year growth of 28.3%. Earnings estimates have moved up 2.5% over the past 60 days. CAT has a trailing four-quarter earnings surprise of 14.3%, on average. CAT has an estimated long-term earnings growth rate of 12%. The company currently carries a Zacks Rank #3 (Hold). **Price & Consensus: CAT**** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/cat_20230630.jpg)****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INDUSTRYOUTLOOK_IND_06302023&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405) [Caterpillar Inc. (CAT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CAT&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Astec Industries, Inc. (ASTE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ASTE&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Terex Corporation (TEX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=TEX&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Komatsu Ltd. (KMTUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KMTUY&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115405/5-stocks-to-watch-in-the-promising-construction-mining-equipment-industry?cid=CS-NASDAQ-FT-industry_outlook-2115405)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.229
Stock Price 2 days before: 18.8841
Stock Price 1 day before: 18.8622
Stock Price at release: 18.9042
Risk-Free Rate at release: 0.0527
| 18.0225 |
Symbol: LNN
Security: Lindsay Corporation
Related Stocks/Topics: Stocks|MTW|GWW|HUBB
Title: Lindsay (LNN) Q3 Earnings & Revenues Miss Estimates, Dip Y/Y
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Lindsay Corporation** [LNN](https://www.nasdaq.com/market-activity/stocks/lnn) delivered adjusted earnings per share of $1.53 in third-quarter fiscal 2023 (ended on May 31, 2023), missing the Zacks Consensus Estimate of $2.17. The bottom line fell 33% year over year.Lindsay generated revenues of $165 million, down 23.2% from the $214 million reported in the year-ago quarter. The top line missed the Zacks Consensus Estimate of $210 million.The company’s backlog as of May 31, 2023, was $94.5 million compared with $98.3 million as of May 31, 2022. **Operational Update** The cost of operating revenues fell 27% year over year to $111 million. Gross profit decreased 13.7% to $53.2 million from the year-earlier quarter. The gross margin was 32.3% compared with the year-ago quarter’s 28.8%.Operating expenses were $26.2 million in the fiscal third quarter, down 1.1% year over year. Operating income was $26.9 million, down from the prior-year quarter’s $35 million. **Lindsay Corporation Price, Consensus and EPS Surprise**** [](https://www.zacks.com/stock/chart/LNN/price-consensus-eps-surprise-chart?icid=chart-LNN-price-consensus-eps-surprise-chart)** [Lindsay Corporation price-consensus-eps-surprise-chart](https://www.zacks.com/stock/chart/LNN/price-consensus-eps-surprise-chart?icid=chart-LNN-price-consensus-eps-surprise-chart) | [Lindsay Corporation Quote](https://www.nasdaq.com/market-activity/stocks/lnn)**Segmental Results** The Irrigation segment’s revenues fell 24% year over year to around $143 million in the fiscal third quarter. North America irrigation revenues decreased 22% from the year-ago quarter to $75 million due to lower unit sales volumes.International irrigation revenues decreased 27% year over year to $68 million on lower sales volumes in Brazil, Australia, Ukraine and Russia. The irrigation segment’s operating income fell 22% year over year to $30.7 million.The Infrastructure segment’s revenues decreased 14% year over year to $22 million on lower Road Zipper System sales and lower sales of road safety products that more than offset an increase in Road Zipper System lease revenues. The segment reported operating income of $3.6 million, down 6% year over year. **Financial Position** Lindsay had cash and cash equivalents of $132 million at the end of the third quarter of fiscal 2023 compared with $82 million at the end of the prior-year quarter. The company’s long-term debt stood at around $115 million at the end of the fiscal third quarter, flat with the prior-year quarter’s end. **Outlook** In the fiscal fourth quarter, the company expects demand to be driven by summer crop harvest and storm damage replacement. However, this is expected to be lower than the exceptional demand experienced in the fourth quarter of fiscal 2022.Lindsay anticipates a rise in sales volume in Brazil for the fourth quarter, aided by the recently announced new government financing program. Positive farm fundamentals and ongoing global concerns over food security and global grain supplies will continue to support demand across other foreign markets. **Price Performance** Lindsay’s shares have lost 12.9% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/manufacturing-farm-equipment-98)’s fall of 32.7%. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/5a/46050.jpg?v=930755579) Image Source: Zacks Investment Research******Zacks Rank & Stocks to Consider** The company currently carries a Zacks Rank #4 (Sell).Some better-ranked stocks from the Industrial Products sector are **Hubbell Incorporated** [HUBB](https://www.nasdaq.com/market-activity/stocks/hubb), **The Manitowoc Company, Inc.** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw) and** W.W. Grainger, Inc.** [GWW](https://www.nasdaq.com/market-activity/stocks/gww). HUBB and MTW flaunt a Zacks Rank #1 (Strong Buy) at present, and GWW has a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**Hubbell has an average trailing four-quarter earnings surprise of 21%. The Zacks Consensus Estimate for HUBB’s fiscal 2023 earnings is pegged at $13.81 per share. The consensus estimate for 2023 earnings has moved north by 22.5% in the past 60 days. Its shares gained 83.2% in the last year.Manitowoc has an average trailing four-quarter earnings surprise of 38.8%. The Zacks Consensus Estimate for MTW’s 2023 earnings is pegged at 85 cents per share. The consensus estimate for 2023 earnings has moved 63.5% north in the past 60 days. MTW’s shares gained 77.7% in the last year.The Zacks Consensus Estimate for Grainger’s 2023 earnings per share is pegged at $35.83, up 7.6% in the past 60 days. It has a trailing four-quarter average earnings surprise of 9.1%. GWW gained 71.2% in the last year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_210_06302023&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Lindsay Corporation (LNN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LNN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[W.W. Grainger, Inc. (GWW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=GWW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Hubbell Inc (HUBB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=HUBB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115477/lindsay-lnn-q3-earnings-revenues-miss-estimates-dip-y-y?cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 125.553
Stock Price 2 days before: 115.9
Stock Price 1 day before: 119.356
Stock Price at release: 119.418
Risk-Free Rate at release: 0.0527
| 132.308 |
Symbol: MTW
Security: The Manitowoc Company, Inc.
Related Stocks/Topics: Stocks|LNN|GWW|HUBB
Title: Lindsay (LNN) Q3 Earnings & Revenues Miss Estimates, Dip Y/Y
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Lindsay Corporation** [LNN](https://www.nasdaq.com/market-activity/stocks/lnn) delivered adjusted earnings per share of $1.53 in third-quarter fiscal 2023 (ended on May 31, 2023), missing the Zacks Consensus Estimate of $2.17. The bottom line fell 33% year over year.Lindsay generated revenues of $165 million, down 23.2% from the $214 million reported in the year-ago quarter. The top line missed the Zacks Consensus Estimate of $210 million.The company’s backlog as of May 31, 2023, was $94.5 million compared with $98.3 million as of May 31, 2022. **Operational Update** The cost of operating revenues fell 27% year over year to $111 million. Gross profit decreased 13.7% to $53.2 million from the year-earlier quarter. The gross margin was 32.3% compared with the year-ago quarter’s 28.8%.Operating expenses were $26.2 million in the fiscal third quarter, down 1.1% year over year. Operating income was $26.9 million, down from the prior-year quarter’s $35 million. **Lindsay Corporation Price, Consensus and EPS Surprise**** [](https://www.zacks.com/stock/chart/LNN/price-consensus-eps-surprise-chart?icid=chart-LNN-price-consensus-eps-surprise-chart)** [Lindsay Corporation price-consensus-eps-surprise-chart](https://www.zacks.com/stock/chart/LNN/price-consensus-eps-surprise-chart?icid=chart-LNN-price-consensus-eps-surprise-chart) | [Lindsay Corporation Quote](https://www.nasdaq.com/market-activity/stocks/lnn)**Segmental Results** The Irrigation segment’s revenues fell 24% year over year to around $143 million in the fiscal third quarter. North America irrigation revenues decreased 22% from the year-ago quarter to $75 million due to lower unit sales volumes.International irrigation revenues decreased 27% year over year to $68 million on lower sales volumes in Brazil, Australia, Ukraine and Russia. The irrigation segment’s operating income fell 22% year over year to $30.7 million.The Infrastructure segment’s revenues decreased 14% year over year to $22 million on lower Road Zipper System sales and lower sales of road safety products that more than offset an increase in Road Zipper System lease revenues. The segment reported operating income of $3.6 million, down 6% year over year. **Financial Position** Lindsay had cash and cash equivalents of $132 million at the end of the third quarter of fiscal 2023 compared with $82 million at the end of the prior-year quarter. The company’s long-term debt stood at around $115 million at the end of the fiscal third quarter, flat with the prior-year quarter’s end. **Outlook** In the fiscal fourth quarter, the company expects demand to be driven by summer crop harvest and storm damage replacement. However, this is expected to be lower than the exceptional demand experienced in the fourth quarter of fiscal 2022.Lindsay anticipates a rise in sales volume in Brazil for the fourth quarter, aided by the recently announced new government financing program. Positive farm fundamentals and ongoing global concerns over food security and global grain supplies will continue to support demand across other foreign markets. **Price Performance** Lindsay’s shares have lost 12.9% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/manufacturing-farm-equipment-98)’s fall of 32.7%. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/5a/46050.jpg?v=930755579) Image Source: Zacks Investment Research******Zacks Rank & Stocks to Consider** The company currently carries a Zacks Rank #4 (Sell).Some better-ranked stocks from the Industrial Products sector are **Hubbell Incorporated** [HUBB](https://www.nasdaq.com/market-activity/stocks/hubb), **The Manitowoc Company, Inc.** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw) and** W.W. Grainger, Inc.** [GWW](https://www.nasdaq.com/market-activity/stocks/gww). HUBB and MTW flaunt a Zacks Rank #1 (Strong Buy) at present, and GWW has a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**Hubbell has an average trailing four-quarter earnings surprise of 21%. The Zacks Consensus Estimate for HUBB’s fiscal 2023 earnings is pegged at $13.81 per share. The consensus estimate for 2023 earnings has moved north by 22.5% in the past 60 days. Its shares gained 83.2% in the last year.Manitowoc has an average trailing four-quarter earnings surprise of 38.8%. The Zacks Consensus Estimate for MTW’s 2023 earnings is pegged at 85 cents per share. The consensus estimate for 2023 earnings has moved 63.5% north in the past 60 days. MTW’s shares gained 77.7% in the last year.The Zacks Consensus Estimate for Grainger’s 2023 earnings per share is pegged at $35.83, up 7.6% in the past 60 days. It has a trailing four-quarter average earnings surprise of 9.1%. GWW gained 71.2% in the last year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_210_06302023&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Lindsay Corporation (LNN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LNN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[W.W. Grainger, Inc. (GWW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=GWW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Hubbell Inc (HUBB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=HUBB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115477/lindsay-lnn-q3-earnings-revenues-miss-estimates-dip-y-y?cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2115477)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.229
Stock Price 2 days before: 18.8841
Stock Price 1 day before: 18.8622
Stock Price at release: 18.9042
Risk-Free Rate at release: 0.0527
| 18.0225 |
Symbol: ASTE
Security: Astec Industries, Inc.
Related Stocks/Topics: Markets|CAT|MTW|TEX|KMTUY
Title: 5 Stocks to Watch in the Promising Construction & Mining Equipment Industry
Type: News
Publication: Zacks
Publication Author: Madhurima Das
Date: 2023-07-02 01:55:00
Article: The Zacks [Manufacturing - Construction and Mining](https://www.zacks.com/stocks/industry-rank/industry/manufacturing-construction-and-mining-95) industry is poised well to gain from the stepped-up infrastructure investment spending in the United States and solid demand from the mining sector, fueled by the energy transition trend. Indications of easing supply-chain issues increase optimism.Players like **Caterpillar Inc.** [CAT](https://www.nasdaq.com/market-activity/stocks/cat), **Komatsu** [KMTUY](https://www.nasdaq.com/market-activity/stocks/kmtuy), **Terex Corporation** [TEX](https://www.nasdaq.com/market-activity/stocks/tex), **Astec Industries, Inc.** [ASTE](https://www.nasdaq.com/market-activity/stocks/aste) and **Manitowoc** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw) are likely to ride on these demand trends. They are anticipated to benefit from their efforts to bring technologically advanced products to the market. They have also been focusing on improving productivity and efficiency to counter cost pressures. **About the Industry** The Zacks Manufacturing - Construction and Mining industry comprises companies that manufacture and sell construction, mining and utility equipment. They support customers using machinery in the construction of commercial, institutional and residential buildings, and infrastructure projects. Their equipment is also utilized in underground mining, drilling and mineral processing, and surface mining to extract and haul copper, iron ore, coal, oil sands, aggregates, gold, and other minerals and ores. Their products are varied, including loaders, pavers, dozers, excavators, concrete mixer trucks, crushing, pulverizing, and screening equipment, tractors and cranes. Industry participants support oil and gas, power generation, marine, rail, and industrial applications through their reciprocating engines, generator sets, gas turbines and turbine-related services. **Trends Shaping the Future of the Manufacturing - Construction and Mining Industry****Easing Supply-Chain Disruptions Raise Hope**: Per the Federal Reserve, industrial production was down 0.2% in May 2023, while manufacturing output inched up 0.1%. Overall, industrial production rose 0.2% over the 12 months ended May 2023. In May, the Institute for Supply Management’s manufacturing index was 46.9%, contracting for the seventh month in a row. The average for the past 12 months (ended May 2023) is 49.4. Amid the ongoing uncertainty in the global economy and persisting inflationary trends, customers have been curbing their spending. The manufacturing sector has also been bearing the brunt of supply-chain issues. On a positive note, some industry players have recently noted that supply-chain issues have been easing and lead times have been improving. The delivery performance of suppliers to manufacturing organizations was reported to be faster for the eighth consecutive month in May. The Supplier Deliveries Index registered 43.5% growth in May, indicating the fastest supplier delivery performance since March 2009, when it had touched a trough of 43.2%. As the situation eases back to normalcy, diverse end-market demand will drive the industry’s growth. **Demand Strength in Mining & Construction to Drive the Industry**: The intensifying global focus on shifting from fossil fuels to zero emissions will require a large number of commodities, which, in turn, will support mining equipment demand in the years to come. The U.S. government's plans to increase investment in infrastructure construction, particularly in critical subsectors, such as transportation, water and sewerage, and telecommunications, should support demand in the coming years. **Higher Pricing, Cost Cuts to Boost Margins**: The industry is facing input cost inflation, and transport and logistic costs. Industry players are focusing on pricing actions and efforts to improve productivity and efficiency. They are constantly implementing cost-reduction actions, which are likely to help sustain margins in this scenario. The companies are focused on streamlining their operations and realigning around high-growth key markets or customer segments to enhance their performances. **Investment in Digital Initiatives a Key Catalyst:** The industry participants are investing in digital initiatives like AI, cloud computing, advanced analytics and robotics. Digital transformation aids organizations in boosting productivity,y and increasing efficiency, reliability and safety, thereby enriching customer satisfaction. With the pressing need to cut carbon emissions, companies worldwide are relying more on autonomous machinery. Thus, players in the Manufacturing - Construction and Mining industry are stepping up their research and technological capabilities to bring products into the market equipped with the latest technology. **Zacks Industry Rank Indicates Upbeat Prospects** The group’s [Zacks Industry Rank](https://www.zacks.com/zrank/zacks-industry-rank.php), basically the average of the Zacks Rank of all the member stocks, indicates bright prospects in the near term. The Zacks Manufacturing - Construction and Mining industry, a seven-stock group within the broader Zacks [Industrial Products](https://www.zacks.com/stocks/industry-rank/sector/industrial-products-7) sector, currently carries a Zacks Industry Rank #6, which places it at the top 2% of 250 Zacks industries.Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. So far this year, the industry’s earnings estimates for the current year have been revised upward by 16%.Before we present a few stocks that you may want to consider for your portfolio, let’s look at the industry’s recent stock-market performance and the valuation picture. **Industry Versus Broader Market** The Manufacturing - Construction and Mining industry has outperformed its sector and the Zacks S&P 500 composite over the past year. Over this period, the industry has gained 36.2% compared with the sector’s rise of 23%. The Zacks S&P 500 composite has rallied 15.7% in the same time frame. **One-Year Price Performance**** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfprice_20230630.jpg)****Industry's Current Valuation** On the basis of the forward 12-month EV/EBITDA ratio, a commonly used multiple for valuing Manufacturing - Construction and Mining companies, we see that the industry is currently trading at 9.57 compared with the S&P 500’s 11.64 and the Industrial Products sector’s trailing 12-month EV/EBITDA of 14.54. This is shown in the charts below. **Enterprise Value/EBITDA (EV/EBITDA) F12M Ratio** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfvalsp_20230630.jpg)**Enterprise Value/EBITDA (EV/EBITDA) F12M Ratio** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/manfvalsec_20230630.jpg) Over the last five years, the industry has traded as high as 14.83 and as low as 7.04, the median being 10.19. **5 Manufacturing - Construction & Mining Stocks to Keep a Close Eye on** **Komatsu**: The company has been witnessing strong demand for construction, mining and utility equipment, which, along with higher selling prices, led to improved revenues and segmental profits in fiscal 2022 (ended Mar 31, 2023). This has been instrumental in the 21% increase in its share price over the past year. In North America, demand should be steady in residential and non-residential, as well as road and traffic infrastructure. For industrial machinery, sales are likely to be supported by strong sales of the Excimer laser-related business for the semiconductor manufacturing industry. Its efforts to provide zero-emission solutions for its global customers will likely be a growth driver. KMTUY will benefit from its cost-reduction efforts. Komatsu is working on expanding offerings for underground hard rock mining and introducing products that offer automation and autonomous operation of equipment. It has also been active on the acquisition front, having added Mine Site Technologies and Bracke of Sweden in 2022 and the buyout of GHH in Germany in the pipeline.Headquartered in Tokyo, Japan, Komatsu manufactures and sells construction, mining and utility equipment, and forest and industrial machinery worldwide. The Zacks Consensus Estimate for the company’s fiscal 2023 earnings has been revised upward by 14.7% over the past 60 days. The consensus estimate indicates 0.4% year-over-year growth. The company has a trailing four-quarter earnings surprise of 24%, on average. KMTUY has an estimated long-term earnings growth rate of 5%. It currently sports a Zacks Rank #1 (Strong Buy).You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas)**. **Price & Consensus: KMTUY** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/kmtuy_20230630.jpg)**Terex**: The company’s backlog has been on an uptrend over the past nine quarters and was at $4.1 billion at the end of the first quarter of 2023, aided by improvement in both segments. This, along with solid demand, pricing and cost-saving actions, positions the company well for improved results. TEX is progressing well on its “Execute, Innovate, Grow" strategy, which should drive growth. In sync with this, it is investing in innovative products, digital innovation, the expansion of manufacturing facilities and strategic acquisitions. Terex is focused on aligning production and cost structure across its segments in response to the customer demand environment, while aggressively managing costs and working capital. Shares of TEX have gained 113% over the past year.Norwalk, CT-based Terex manufactures and sells aerial work platforms and material processing machinery worldwide. The Zacks Consensus Estimate for 2023 earnings indicates year-over-year growth of 38.2%. Earnings estimates have moved north 22% over the past 60 days. TEX has a trailing four-quarter earnings surprise of 27.1%, on average, and an estimated long-term earnings growth rate of 17.6%. The company flaunts a Zacks Rank #1 at present. **Price & Consensus: TEX** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/tex_20230630.jpg)**Astec**: The company is witnessing robust demand across its Infrastructure Solutions and Material Solutions businesses, as well as improved parts sales volume. ASTE’s shares have gained 8.5% in a year. ASTE is progressing well on its OneASTEC business model, with the strategic pillars of Simplify, Focus and Grow. This model has helped the company mitigate the current supply-chain challenges and logistic disruptions, thereby improving the overall operating performance. Astec continues to reduce organizational structure complexity, and consolidate and rationalize its footprint. Its focus on innovation, expanding globally through disciplined and strategic acquisitions, will aid its growth. The company has been committed to the improvement of its part sales volume and the digital platform over the long term.Chattanooga, TN-based Astec manufactures and sells equipment and components for road building and related construction activities worldwide. The Zacks Consensus Estimate for the company’s 2023 earnings has been revised 30% upward in 60 days. The consensus estimate indicates year-over-year growth of 122%. ASTE sports a Zacks Rank #1 at present. **Price & Consensus: ASTE** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/aste_20230630.jpg)**Manitowoc**: The company has been witnessing high customer demand, as evident from its higher order levels and backlog. Backed by this, its share price has increased 77% in the past year. The company’s innovation pipeline has been robust and its aftermarket business has been performing well. MTW remains focused on improving this crucial part of its business. The company is committed to cash preservation and balance sheet management, while funding critical programs for future growth. Given that the tower crane market in China is the largest in the world, Manitowoc is scaling up its China tower crane business. It is also expanding its tower crane rental fleet in Europe. These strategic initiatives, along with MTW’s pursuit of acquisition opportunities to accelerate product development programs in its all-terrain product line, will help drive long-term growth.Milwaukee, WI-based Manitowoc provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East and the Asia Pacific. The Zacks Consensus Estimate for this year’s earnings has increased 32% in the past 90 days. The consensus mark indicates year-over-year growth of 5.7%. The company has a trailing four-quarter earnings surprise of 256.3%, on average. MTW currently sports a Zacks Rank #1. **Price & Consensus: MTW** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/mtw_20230630.jpg)**Caterpillar**: The company’s revenues and earnings have been growing year over year for nine straight quarters, owing to its cost-saving actions, strong end-market demand and pricing actions. CAT’s backlog was a solid $30.4 billion at the end of the first quarter of 2023, which will support its top line in the upcoming quarters. Caterpillar is anticipated to gain from strength in residential construction and non-residential construction in the United States. The company has been investing in enhancing its digital capabilities, connecting assets and job sites, and developing the next generation of more productive and efficient products, which will continue to be a growth driver. It is funding initiatives that drive long-term growth focused on areas of expanded offerings and services, and digital initiatives like e-commerce, sustainability and electrification. The stock has gained 37% in a year, aided by these tailwinds.Known for its iconic yellow machines, Caterpillar is the largest global construction and mining equipment manufacturer. The Zacks Consensus Estimate for CAT’s 2023 earnings indicates year-over-year growth of 28.3%. Earnings estimates have moved up 2.5% over the past 60 days. CAT has a trailing four-quarter earnings surprise of 14.3%, on average. CAT has an estimated long-term earnings growth rate of 12%. The company currently carries a Zacks Rank #3 (Hold). **Price & Consensus: CAT**** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/cat_20230630.jpg)****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INDUSTRYOUTLOOK_IND_06302023&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405) [Caterpillar Inc. (CAT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CAT&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Astec Industries, Inc. (ASTE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ASTE&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Terex Corporation (TEX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=TEX&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[Komatsu Ltd. (KMTUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KMTUY&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2115405)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115405/5-stocks-to-watch-in-the-promising-construction-mining-equipment-industry?cid=CS-NASDAQ-FT-industry_outlook-2115405)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 43.8552
Stock Price 2 days before: 46.0749
Stock Price 1 day before: 45.4271
Stock Price at release: 45.0976
Risk-Free Rate at release: 0.0527
| 49.5813 |
Symbol: AKRO
Security: Akero Therapeutics, Inc.
Related Stocks/Topics: Stocks|ADMA|ADAP|KTRA
Title: Kintara (KTRA) Rises 41% on $2M Grant for Breast Cancer Therapy
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: **Kintara Therapeutics** [KTRA](https://www.nasdaq.com/market-activity/stocks/ktra) recently received a $2 million Small Business Innovation Research grant from the National Institutes of Health to support the development of REM-001. Notably, REM-001 is the company’s proprietary second-generation photodynamic therapy photosensitizer agent, which is set to be developed for the treatment of cutaneous metastatic breast cancer (CMBC).Kintara reported that the funds received from this grant will enable the company to restart the REM-001 CMBC program. In the program, the company expects to generate clinical evidence to demonstrate proof of concept for the photodynamic therapy platform in CMBC. The success of this evidence-finding study will help the company design its planned phase III registrational study for REM-001. The stock of the company swiftly jumped about 41% on Thursday in response to the encouraging news. Year to date, shares of Kintara have plunged 38.9% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-biomedical-and-genetics-105)’s 9.8% fall.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/d8/46027.jpg?v=903220331) Image Source: Zacks Investment ResearchREM-001 therapy has previously been studied in four mid-late-stage studies in patients with CMBC after receiving chemotherapy and/or failed radiation therapy. The entire therapy comprises the laser light source, the light delivery device and the REM-001 drug product. Per KTRA, REM-001 has demonstrated clinical efficacy to date of 80% complete responses of CMBC evaluable lesions. So far, there have been no reported safety concerns for the drug.Management firmly believes that the company’s REM-001 program has the potential to address the serious unmet medical need by significantly improving the quality of life and reducing co-morbidities for patients with CMBC. Currently, there are little or no treatment options for this disease.Per Kintara, a meta-analysis of more than 20,000 cancer patients, conducted in 2003, demonstrated that 24% of breast cancer patients included in the analysis had developed cutaneous metastases. This was reportedly recorded as the highest rate of any cancer type. The prevalence of CMBC is anticipated to be more than 50,000 cases annually in the United States. Other than REM-001, KTRA is also engaged in the developmental program of another candidate, VAL-083, for treating glioblastoma (GBM). VAL-083 is the company’s first-in-class, small-molecule chemotherapeutic with a novel mechanism of action. VAL-083 has reportedly shown clinical effectiveness across a range of cancer types during the studies conducted in the United States,sponsored by the National Cancer Institute. These cancer types include the central nervous system, ovarian and other solid tumors.Based on prior evidence, Kintara is currently advancing VAL-083 in the global registrational phase II/III GBM AGILE study to support the development and potential commercialization of VAL-083 in GBM. **Kintara Therapeutics, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/KTRA/price-consensus-chart?icid=chart-KTRA-price-consensus-chart)[Kintara Therapeutics, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/KTRA/price-consensus-chart?icid=chart-KTRA-price-consensus-chart) | [Kintara Therapeutics, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/ktra)**Zacks Rank and Stocks to Consider** Kintara currently has a Zacks Rank #4 (Sell).Some better-ranked stocks in the biotech sector are **Adaptimmune Therapeutics** [ADAP](https://www.nasdaq.com/market-activity/stocks/adap), **Akero Therapeutics** [AKRO](https://www.nasdaq.com/market-activity/stocks/akro) and **ADMA Biologics, Inc.** [ADMA](https://www.nasdaq.com/market-activity/stocks/adma), each carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). In the past 90 days, the Zacks Consensus Estimate for Adaptimmune Therapeutics’ 2023 loss per share has narrowed from 63 cents to 46 cents. During the same period, the estimate for Adaptimmune Therapeutics’ 2024 loss per share has narrowed from 59 cents to 56 cents. Year to date, shares of ADAP have fallen by 35.9%.ADAP beat estimates in each of the trailing four quarters, delivering an average earnings surprise of 36.89%.In the past 90 days, the Zacks Consensus Estimate for Akero Therapeutics’ 2023 loss per share has narrowed from $2.96 to $2.80. During the same period, the estimate for Akero Therapeutics’ 2024 loss per share has narrowed from $3.40 to $3.27. Year to date, shares of AKRO have lost 18.6%.AKRO beat estimates in three of the trailing four quarters, missing the mark on one occasion, delivering an average earnings surprise of 7.96%.In the past 90 days, the Zacks Consensus Estimate for ADMA Biologics’ 2023 loss per share has narrowed from 14 cents to 9 cents. The consensus estimate for 2024 earnings is currently pegged at 7 cents per share. Year to date, shares of ADMA have lost 6.4%. ADMA beat estimates in each of the trailing four quarters, delivering an average earnings surprise of 19.13%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423) [ADMA Biologics Inc (ADMA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ADMA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[Adaptimmune Therapeutics PLC (ADAP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ADAP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[Akero Therapeutics, Inc. (AKRO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AKRO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[Kintara Therapeutics, Inc. (KTRA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KTRA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115423/kintara-ktra-rises-41-on-2m-grant-for-breast-cancer-therapy?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115423)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 45.7085
Stock Price 2 days before: 45.4257
Stock Price 1 day before: 46.5121
Stock Price at release: 45.9747
Risk-Free Rate at release: 0.0527
| 43.3438 |
Symbol: PFLT
Security: PennantPark Floating Rate Capital Ltd.
Related Stocks/Topics: Stocks|MRCC|JHG
Title: 4 Reasons to Add PennantPark (PFLT) to Your Portfolio Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: Amid the current tough operating backdrop (expectations of an economic slowdown/recession), investors are looking out for an attractive investment option. Today, we are discussing one such stock, **PennantPark Floating Rate Capital Ltd.** [PFLT](https://www.nasdaq.com/market-activity/stocks/pflt).PFLT’s top line is expected to improve in the near term. The company’s earnings are expected to rise in the upcoming years. Thus, driven by strong fundamentals and solid growth prospects, it appears to be a promising investment option right now. Analysts are optimistic regarding PennantPark’s earnings growth potential. The Zacks Consensus Estimate for PFLT’s fiscal 2023 earnings has been revised 7.2% upward over the past 60 days. It currently sports a Zacks Rank #1 (Strong Buy).Looking at its price performance, shares of PFLT have gained 0.8% over the past three months compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-investment-management-63)’s 4% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/a3/46056.jpg?v=1211225655) Image Source: Zacks Investment ResearchLet’s check out the below-mentioned factors that make PennantPark stock a solid pick right now. **Earnings Per Share (EPS) Growth**: In the past three to five years, PennantPark witnessed EPS growth of 0.56%. Further, earnings are projected to rise 13.56% in fiscal 2023. The stock has a decent earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters, met twice and missed once, the average surprise being 2.39%. **Revenue Strength**: PennantPark’s total revenues noticed a rising trend over the past few quarters. It recorded revenues of $34.56 million in second-quarter fiscal 2023 (ended Mar 31, 2023), representing a gain of around 40% from the prior-year quarter. PFLT’s top line is expected to keep improving in the near term. In fiscal 2023, its revenues are expected to register growth of 27.75%. **Steady Capital Deployments**: PennantPark pays quarterly dividends on a regular basis. On May 10, management announced a quarterly dividend of 10.25 cents per share. This represents a hike of 2.5% from the prior payout.Apart from regular dividends, PFLT has been enhancing shareholders’ value through its share repurchase plans. In fact, in February 2022, the company’s board of directors approved a share repurchase program, authorizing PennantPark to repurchase up to $25 million of its outstanding shares of common stock.During the fiscal year ended September 30, 2022, it repurchased around 1.8 million shares worth $13.2 million. However, in the first half of fiscal 2023 (ended Mar 31, 2023), it did not make any repurchases and the plan expired on Mar 31, 2023. Nonetheless, PennantPark’s capital deployments are sustainable on decent cash levels and unused borrowing capacity under the credit facility of $63.1 million and $122.6 million, respectively. **Favorable Valuation**: PFLT stock looks undervalued right now with respect to its price to book (P/B), price to cash flow (P/CF) and price to earnings (P/E) ratios. It has a P/B ratio of 0.94, below the industry average of 1.36. Moreover, its P/CF and P/E (F1) ratios of 6.37 and 7.82 compares favorably with the industry’s 9.82 and 11.22, respectively. **Other Stocks Worth a Look** A couple of other top-ranked stocks from the investment management sector are **Janus Henderson Group** [JHG](https://www.nasdaq.com/market-activity/stocks/jhg) and **Monroe Capital** [MRCC](https://www.nasdaq.com/market-activity/stocks/mrcc).The Zacks Consensus Estimate for JHG’s 2023 earnings has been revised 1.8% upward over the past 60 days. It carries a Zacks Rank #2 (Buy) at present. The stock has gained 16% over the past six months.The consensus estimate for MRCC’s 2023 earnings has been revised 9.5% upward over the past 60 days. It presently flaunts a Zacks Rank #1. The company’s share price has decreased 6.8% over the past six months. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_06302023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510)[Monroe Capital Corporation (MRCC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=MRCC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510)[PennantPark Floating Rate Capital Ltd. (PFLT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PFLT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510) [Janus Henderson Group plc (JHG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=JHG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115510/4-reasons-to-add-pennantpark-pflt-to-your-portfolio-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115510)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.6393
Stock Price 2 days before: 10.8038
Stock Price 1 day before: 10.7406
Stock Price at release: 10.7399
Risk-Free Rate at release: 0.0527
| 11.2789 |
Symbol: MBWM
Security: Mercantile Bank Corporation
Related Stocks/Topics: Stocks|FCNCA|OFG
Title: 5 Reasons to Add Mercantile Bank (MBWM) to Your Portfolio Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: It seems to be a wise idea to add **Mercantile Bank Corporation’s** [MBWM](https://www.nasdaq.com/market-activity/stocks/mbwm) stock to your portfolio now. Supported by strong fundamentals, it has been on track for growth.Analysts are optimistic regarding the company’s earnings growth potential. The Zacks Consensus Estimate for MBWM’s current-year earnings has been revised marginally upward over the past week. MBWM currently carries a Zacks Rank #2 (Buy).Shares of Mercantile Bank have gained 7.7% over the past month compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/banks-midwest-13)’s 6.5% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/00/46045.jpg?v=1573250302) Image Source: Zacks Investment ResearchSome other factors mentioned below make the Mercantile Bank stock a solid pick right now. **Earnings per Share (EPS) Growth**: In the last three to five years, Mercantile Bank witnessed EPS growth of 13.5%, higher than the industry average of 10.1%. The upward trend will likely continue in the near term. In 2023, the company’s earnings are projected to grow 13.8%.It has a decent earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and met once, the average surprise being 8.3%. **Revenue Strength**: Mercantile Bank’s total revenues saw a compounded average growth rate (CAGR) of 7.9% from 2019 to 2022, with the increasing trend continuing in first-quarter 2023. The company’s top line is expected to keep improving in the near term, supported by high interest rates, as reflected by the projected sales growth rate of 10.6% for 2023. **Capital Deployments Impressive**: Mercantile Bank continues to enhance shareholder value through efficient capital deployment activities. In January 2023, the company hiked its regular dividend by 3.1% to 33 cents.Mercantile Bank also has a share repurchase plan in place. As of Mar 31, 2023, the company had the ability to repurchase up to $6.8 million in shares as part of its $20-million stock repurchase program announced in May 2021. **Return on Equity (ROE) Superior**: The company’s ROE of 16.1% is higher than the industry average of 13.6%. This shows that it reinvests its cash more efficiently than its peers. **Valuation Favorable**: The MBWM stock looks undervalued right now, with respect to its price-to-sales (P/S) and price-to-earnings (P/E) ratios. It has a P/S ratio of 1.90, below the industry average of 1.93. Moreover, its P/E (F1) ratio of 6.41 compares favorably with the industry’s 7.51. It carries a Value Score of B. **Other Finance Stocks Worth a Look** A couple of other top-ranked stocks from the finance space are **First Citizens BancShares** [FCNCA](https://www.nasdaq.com/market-activity/stocks/fcnca) and **OFG Bancorp** [OFG](https://www.nasdaq.com/market-activity/stocks/ofg).The Zacks Consensus Estimate for First Citizens BancShares' current-year earnings has been revised 67.2% upward over the past 60 days. The company’s shares have gained 67.9% over the past six months. Currently, FCNCA sports a Zacks Rank #1 (Strong Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).OFG flaunts a Zacks Rank #1 at present. The consensus mark for the company’s 2023 earnings has been revised 1.1% upward over the past seven days. In the past three months, OFG shares have rallied 5.4%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_06302023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[First Citizens BancShares, Inc. (FCNCA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FCNCA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[Mercantile Bank Corporation (MBWM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=MBWM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[OFG Bancorp (OFG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OFG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115504/5-reasons-to-add-mercantile-bank-mbwm-to-your-portfolio-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115504)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 27.7053
Stock Price 2 days before: 28.317
Stock Price 1 day before: 27.6241
Stock Price at release: 27.7614
Risk-Free Rate at release: 0.0527
| 34.837 |
Symbol: CRAI
Security: CRA International, Inc.
Related Stocks/Topics: Stocks|GDOT|ROL|MMS
Title: Strong Team Aids Charles River (CRAI) Amid Currency Risks
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 01:55:00
Article: CRA International, Inc., which conducts business as **Charles River Associates** [CRAI](https://www.nasdaq.com/market-activity/stocks/crai) is benefiting from itsglobal presence and strong professional team which enables it to provide high-quality consulting services.In the past year, CRA International has outperformed the [consulting services ](https://www.zacks.com/stocks/industry-rank/industry/consulting-services-277) industry, growing 15.4%, compared with its industry’s 11.5% increase and 14.6% growth of the S&P 500 composite. CRA International, Inc., reported mixed first-quarter fiscal 2023 results, wherein earnings missed the Zacks Consensus Estimates but revenues beat the same.Non-GAAP earnings per share (excluding 6 cents from non-recurring items) were $1.29, which missed the Zacks Consensus Estimate by 3%. Moreover, quarterly earnings decreased 16% from the year-ago fiscal quarter’s reported number. Revenues of $152.8 million surpassed the consensus estimate by 0.2% and increased 3% from the year-ago fiscal quarter’s reported figure. **Charles River Associates Price** [](https://www.zacks.com/stock/chart/CRAI/fundamental/price?icid=chart-CRAI-fundamental/price)[Charles River Associates price](https://www.zacks.com/stock/chart/CRAI/fundamental/price?icid=chart-CRAI-fundamental/price) | [Charles River Associates Quote](https://www.nasdaq.com/market-activity/stocks/crai)******Current situation of CRAI** Charles River has a **diversified****business** along with a global presence with service offerings across areas of functional expertise, client base and geographical regions. The diversification in business helps reduce the company’s dependence on any specific market, industry or geographic area. It also increases the company’s ability to adapt to changing conditions. The company’s offerings help it to expand geographically and improve its topline.A strong professional team helps the company provide high-quality consulting services. Almost three-fourths of the company’s senior consultants are highly educated, with a doctorate or other advanced degrees and are recognized experts in their respective fields. In 2022, the company had 939 consulting staff, which includes 149 officers, 496 other senior staff and 294 junior staff. In a company like CRA International, human capital is of dire need. CRAI has been consistent with returning value to its shareholders. In the last year, the company has returned $27.6 million to its shareholders in the form of share repurchases and $9.58 million as dividends. **Some Concerning Points** Charles River's current ratio at the end of first-quarter 2023 was pegged at 1.02, lower than the current ratio of 1.16 reported at the end of the year-ago quarter. **I** t indicates the company may have problems meeting its short-term debt obligations.The global presence of the company exposes it to foreign exchange risk. Around 22% of the company’s revenues are currently being generated outside the United States. Likewise, the exchange rate of the dollar with respect to the currencies of the countries where the company conducts its business affects its financials. In the first quarter of 2023, foreign currency loss amounted to $5.28 million. **Zacks Rank and Stocks to Consider** CRAI currently carries a Zacks Rank #3 (Hold).Investors interested in the broader Zacks [Business Services](https://www.zacks.com/stocks/industry-rank/sector/busines-services-16) can consider the following stocks: **Green Dot** [GDOT](https://www.nasdaq.com/market-activity/stocks/gdot): For second-quarter 2023, the Zacks Consensus Estimate of Green Dot’s revenues suggests a decline of 4.8% year over year to $338.2 million and the same for earnings indicates a 59.5% plunge to 30 cents per share. The company has an impressive earning surprise history, beating the consensus mark in all four trailing quarters, the average surprise being 37.3%.GDOT has a Value score of A and a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Maximus** [MMS](https://www.nasdaq.com/market-activity/stocks/mms): For second-quarter 2023, the Zacks Consensus Estimate of Maximus’ revenues suggests an increase of 6.9% year over year to $1.2 billion and the same for earnings indicates a 46.2% rise to $1.14 per share. The company has an impressive earning surprise history, beating the consensus mark in three instances and missing on one instance, the average surprise being 9.6%.MMS has a VGM score of B along with a Zacks Rank of 1. **Rollins** [ROL](https://www.nasdaq.com/market-activity/stocks/rol): For second-quarter 2023, the Zacks Consensus Estimate of Rollins’ revenues suggests growth of 12.6% year over year to $803.6 million and the same for earnings indicates a 15% increase to 23 cents per share. The company has an impressive earning surprise history, beating the consensus mark in three of the four trailing quarters and missing on one instance, the average surprise being 5.53%. ROL currently carries a Zacks Rank of 2. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_217_06302023&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Charles River Associates (CRAI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CRAI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Green Dot Corporation (GDOT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=GDOT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Rollins, Inc. (ROL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ROL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Maximus, Inc. (MMS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MMS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115485/strong-team-aids-charles-river-crai-amid-currency-risks?cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2115485)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 100.449
Stock Price 2 days before: 103.139
Stock Price 1 day before: 102.312
Stock Price at release: 101.593
Risk-Free Rate at release: 0.0527
| 100.431 |
Symbol: LSEA
Security: Landsea Homes Corporation
Related Stocks/Topics: Stocks
Title: Are Investors Undervaluing Landsea Homes (LSEA) Right Now?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:09:00
Article: The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. **Landsea Homes (LSEA)** is a stock many investors are watching right now. LSEA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7.88 right now. For comparison, its industry sports an average P/E of 10.28. LSEA's Forward P/E has been as high as 7.88 and as low as 1.72, with a median of 3.84, all within the past year.Another valuation metric that we should highlight is LSEA's P/B ratio of 0.49. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 1.43. Over the past year, LSEA's P/B has been as high as 0.54 and as low as 0.27, with a median of 0.36.Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. LSEA has a P/S ratio of 0.26. This compares to its industry's average P/S of 0.75.Finally, our model also underscores that LSEA has a P/CF ratio of 5.11. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 6.56. Over the past year, LSEA's P/CF has been as high as 5.11 and as low as 1.97, with a median of 3.39. These figures are just a handful of the metrics value investors tend to look at, but they help show that Landsea Homes is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, LSEA feels like a great value stock at the moment. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_510_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_2-2115351)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_510&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_2-2115351) [Landsea Homes Corporation (LSEA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LSEA&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_510&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_2-2115351)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115351/are-investors-undervaluing-landsea-homes-lsea-right-now?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_2-2115351)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 5.16384
Stock Price 2 days before: 8.84805
Stock Price 1 day before: 0.667471
Stock Price at release: 6.00127
Risk-Free Rate at release: 0.0527
| 9.57636 |
Symbol: INMD
Security: InMode Ltd.
Related Stocks/Topics: Stocks|CLRB
Title: Is Cellectar Biosciences (CLRB) Outperforming Other Medical Stocks This Year?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:09:00
Article: The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cellectar Biosciences, Inc. (CLRB) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Cellectar Biosciences, Inc. is a member of our Medical group, which includes 1136 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Cellectar Biosciences, Inc. is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for CLRB's full-year earnings has moved 19.9% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the most recent data, CLRB has returned 8.2% so far this year. Meanwhile, the Medical sector has returned an average of -2.3% on a year-to-date basis. This shows that Cellectar Biosciences, Inc. is outperforming its peers so far this year.Another Medical stock, which has outperformed the sector so far this year, is InMode (INMD). The stock has returned 3% year-to-date.Over the past three months, InMode's consensus EPS estimate for the current year has increased 5.2%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Cellectar Biosciences, Inc. belongs to the Medical - Products industry, which includes 98 individual stocks and currently sits at #65 in the Zacks Industry Rank. On average, this group has gained an average of 5.8% so far this year, meaning that CLRB is performing better in terms of year-to-date returns. InMode is also part of the same industry.Investors with an interest in Medical stocks should continue to track Cellectar Biosciences, Inc. and InMode. These stocks will be looking to continue their solid performance. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_509_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115335)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115335)[Cellectar Biosciences, Inc. (CLRB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CLRB&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115335)[InMode Ltd. (INMD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=INMD&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115335)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115335/is-cellectar-biosciences-clrb-outperforming-other-medical-stocks-this-year?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115335)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 35.82
Stock Price 2 days before: 36.9807
Stock Price 1 day before: 37.3332
Stock Price at release: 37.3837
Risk-Free Rate at release: 0.0527
| 43.0169 |
Symbol: LMND
Security: Lemonade, Inc.
Related Stocks/Topics: Stocks|AGM
Title: Are Finance Stocks Lagging Federal Agricultural Mortgage (AGM) This Year?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:09:00
Article: For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Federal Agricultural Mortgage (AGM) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Federal Agricultural Mortgage is one of 870 companies in the Finance group. The Finance group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Federal Agricultural Mortgage is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for AGM's full-year earnings has moved 3.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.According to our latest data, AGM has moved about 25.7% on a year-to-date basis. At the same time, Finance stocks have gained an average of 3.9%. As we can see, Federal Agricultural Mortgage is performing better than its sector in the calendar year.Lemonade (LMND) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 23.4%.The consensus estimate for Lemonade's current year EPS has increased 11% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Federal Agricultural Mortgage belongs to the Financial - Mortgage & Related Services industry, a group that includes 15 individual stocks and currently sits at #208 in the Zacks Industry Rank. On average, this group has gained an average of 17.3% so far this year, meaning that AGM is performing better in terms of year-to-date returns.Lemonade, however, belongs to the Insurance - Multi line industry. Currently, this 34-stock industry is ranked #64. The industry has moved -9.3% so far this year.Investors with an interest in Finance stocks should continue to track Federal Agricultural Mortgage and Lemonade. These stocks will be looking to continue their solid performance. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_509_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115337)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115337)[Federal Agricultural Mortgage Corporation (AGM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AGM&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115337)[Lemonade, Inc. (LMND) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LMND&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_509&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115337)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115337/are-finance-stocks-lagging-federal-agricultural-mortgage-agm-this-year?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_1-2115337)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 16.9496
Stock Price 2 days before: 16.9602
Stock Price 1 day before: 0.816125
Stock Price at release: 16.3507
Risk-Free Rate at release: 0.0527
| 23.3406 |
Symbol: LGND
Security: Ligand Pharmaceuticals Incorporated
Related Stocks/Topics: Stocks|NVS|BMY|MRK
Title: Bristol Myers' (BMY) Opdivo With Chemo Gets EC Nod for NSCLC
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:15:00
Article: **Bristol Myers Squibb** [BMY](https://www.nasdaq.com/market-activity/stocks/bmy) announced that the European Commission (EC) has granted approval to Opdivo (nivolumab) for yet another indication.Opdivo, in combination with platinum-based chemotherapy, won EC approval for the neoadjuvant treatment of resectable non-small cell lung cancer (NSCLC) at a high risk of recurrence in adult patients with tumor cell PD-L1 expression ≥1%. This approval positions Opdivo as the first neoadjuvant immunotherapy-based treatment option available for patients in the European Union (EU) in this specific setting, opening up incremental revenue growth opportunities for BMY.The EC's decision is based on compelling data from the phase III CheckMate -816 trial, where the addition of Opdivo with chemotherapy demonstrated significant and clinically meaningful improvements in event-free survival and pathologic complete response compared to chemotherapy alone when administered before surgery. This is a significant advancement as resectable NSCLC patients often face a risk of recurrence post-surgery, leading to adverse outcomes. With the approval of Opdivo, there is now a potential solution to address this unmet medical need and help prevent recurrences effectively.The EC approval not only applies to patients in the 27 member states of the EU but also extends to Iceland, Liechtenstein and Norway, enhancing Opdivo's potential market reach and revenue generation in the region. Per BMY, lung cancer is the leading cause of cancer deaths globally and NSCLC is one of the most common types of lung cancer, representing up to 84% of diagnoses.Opdivo-based options are now approved for the neoadjuvant or adjuvant treatment of four different cancer types within the EU. These include NSCLC, urothelial carcinoma, esophageal/gastroesophageal junction cancer and melanoma.Bristol Myers shares have lost 11.2% in the year so far compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-biomedical-and-genetics-105)'s decline of 10.2%. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/55/46029.jpg?v=1617624889) Image Source: Zacks Investment ResearchOpdivo's label expansion presents a significant opportunity for Bristol Myers to offset declining revenues from Revlimid, one of its key revenue-generating drugs. Revlimid, a blockbuster drug used in the treatment of multiple myeloma, is facing patent expirations and increasing competition from generic alternatives.BMY's commitment to advancing cancer treatments is evident through its robust development program, encompassing various tumor types in earlier stages of cancer.BMY is now focused on expanding its diversified portfolio.Earlier in the week, the EC approved Camzyos (mavacamten, 2.5 mg, 5 mg, 10 mg, 15 mg capsules) for the treatment of symptomatic (New York Heart Association, NYHA, class II-III) obstructive hypertrophic cardiomyopathy (HCM) in adult patients. Please note that the drug is already approved in the United States for the treatment of adults with symptomatic NYHA class II-III HCM to improve functional capacity and symptoms. It has also received regulatory approvals in various other countries. The company’s psoriasis drug Sotyktu (deucravacitinib) was recently approved by the EC. Sotyktu is a first-in-class, selective tyrosine kinase 2 (TYK2) inhibitor for treating adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy, representing a new way of treating this chronic immune-mediated disease. It is already approved in the United States. **Merck’s** [MRK](https://www.nasdaq.com/market-activity/stocks/mrk) Keytruda is one of the leading immunotherapy drugs in the NSCLC market. It has shown remarkable efficacy in various settings, including as a monotherapy and in combination with chemotherapy.Keytruda has secured approvals for both first-line and second-line treatments in NSCLC, making it a formidable competitor to Opdivo. Merck continues to work on expanding Keytruda’s label further. **Zacks Rank and Stocks to Consider** Bristol-Myers currently carries a Zacks Rank #3 (Hold).Some top-ranked stocks in the healthcare sector are **Ligand Pharmaceuticals** [LGND](https://www.nasdaq.com/market-activity/stocks/lgnd) and **Novartis** [NVS](https://www.nasdaq.com/market-activity/stocks/nvs). While LGND currently sports a Zacks Rank #1 (Strong Buy), Novartis carries a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. Over the past 30 days, earnings estimates for LGND have increased by $1.09 to $5.25. LGND topped earnings estimates in two of the last four quarters and missed in the remaining two, the average surprise being 21.50%.Over the past 60 days, earnings estimates for NVS have increased to $6.74 from $6.60 for 2023. Novartis surpassed estimates in all the trailing four quarters, the average surprise being 5.15%.Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Novartis AG (NVS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NVS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Bristol Myers Squibb Company (BMY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BMY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Merck & Co., Inc. (MRK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MRK&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Ligand Pharmaceuticals Incorporated (LGND) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LGND&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115347/bristol-myers-bmy-opdivo-with-chemo-gets-ec-nod-for-nsclc?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115347)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 72.0999
Stock Price 2 days before: 73.277
Stock Price 1 day before: 72.2283
Stock Price at release: 72.4227
Risk-Free Rate at release: 0.0527
| 66.3529 |
Symbol: PACB
Security: Pacific Biosciences of California, Inc.
Related Stocks/Topics: Stocks|HOLX|ALC|PRGO
Title: PacBio (PACB) Gets New Order for Revio System From Bioscientia
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:15:00
Article: **Pacific Biosciences of California** [PACB](https://www.nasdaq.com/market-activity/stocks/pacb), popularly known as PacBio, announced that Bioscientia, a leading provider of clinical diagnostics and genomic services in Europe, has adopted its Revio long-read sequencing system to enhance the latter’s capabilities in genetic testing and research.The system will allow Bioscientia to leverage PacBio's Single Molecule, Real-Time (SMRT) Sequencing technology, which produces long and highly accurate reads that can span complex regions of the genome. It also features a modular and scalable design that can accommodate different sample types and throughput needs. **Price Performance** Shares of the company have risen 60.4% year to date compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-instruments-103)’s 6.6% growth. The S&P 500 Index has improved 15% in the same time frame.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/ce/46016.jpg?v=564139503) Image Source: Zacks Investment Research** Advantages of the Revio System** The long-read sequencing system can consolidate multiple tests into a single, comprehensive solution. This eliminates the need for the time-consuming and costly multi-stage vetting process that was formerly required for diagnosing rare diseases and developmental delay disorders.Previously, separate experiments like chromosome analysis, optical genome mapping and short-read exome sequencing were required to diagnose these conditions. However, the Revio system can now provide researchers with all the required data in a single analysis. This way, it gets faster and easier to identify the genetic causes of rare diseases, improving diagnosis and treatment.The system will significantly expand Bioscientia's genomics capabilities that will help offer more comprehensive and accurate testing for monogenic disorders, such as deafness, blindness and developmental delay. It will also help detect the underlying causes of rare diseases. The long-read sequencing system will aid Bioscientia in providing lower overall costs and better insights to families using fewer tests. It will also reduce the time spent in assembling genome maps.The Revio system will also be used by Bioscientia for extended testing of samples that are partially solved and scenarios of recessive diseases. Bioscientia's existing technologies of short-read exome sequencing have not been able to provide complete, definitive explanations for these situations. **Industry Prospects** [Per a report by Grand View Research](https://www.grandviewresearch.com/industry-analysis/whole-genome-sequencing-market-report), the global whole genome sequencing market was valued at $1,645.2 million in 2022 and is anticipated to witness a CAGR of approximately 20.1% during 2023-2030. Factors like the growing prevalence of genetic disorders and mutations that lead to cancer progression, and the possibility of identification and diagnosis of targeted diseases are expected to drive the market.Given the market potential, the latest tie-up is expected to significantly strengthen PacBio’s global business. **Notable Developments** Earlier this month, PacBio announced a clinical research study with Radboud University Medical Center (Radboudumc) to explore genetic causes of [rare and genetic diseases](https://www.zacks.com/stock/news/2110759/pacbios-pacb-new-tie-up-to-boost-rare-disease-research). The study is also expected to explore the feasibility and cost-effectiveness of using PacBio’s HiFi sequencing technology for routine clinical use. PacBio and Radboudumc aim to discover the genetic origins of rare and genetic diseases via collaboration.Last month, PacBio announced its first-quarter 2023 results, wherein there was a robust increase in its overall top line, including strong revenues from Instrument and Consumables. Solid performances in the Asia-Pacific and Europe, the Middle East and Africa regions were also witnessed.In April, PacBio publicized the availability of its new high-throughput Nanobind DNA Extraction kits. The kits, a key product from the company’s Circulomics acquisition, are based on proprietary Nanobind disks. These disks can be used to extract DNA from diverse sample types, including blood, cell and tissue. **Pacific Biosciences of California, Inc. Price** [](https://www.zacks.com/stock/chart/PACB/fundamental/price?icid=chart-PACB-fundamental/price)[Pacific Biosciences of California, Inc. price](https://www.zacks.com/stock/chart/PACB/fundamental/price?icid=chart-PACB-fundamental/price) | [Pacific Biosciences of California, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/pacb)**Zacks Rank & Stocks to Consider** PacBio currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the broader medical space are **Hologic** [HOLX](https://www.nasdaq.com/market-activity/stocks/holx), **Alcon** [ALC](https://www.nasdaq.com/market-activity/stocks/alc) and **Perrigo** [PRGO](https://www.nasdaq.com/market-activity/stocks/prgo), each carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) Hologic has an estimated growth rate of 5% for fiscal 2024. The company’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 27.32%.HOLX’s shares have risen 8.4% year to date compared with the industry’s 6.6% growth.Alcon has an estimated long-term growth rate of 14.9%. Its earnings surpassed estimates in three of the trailing four quarters and met the same once, delivering an average surprise of 8.85%.ALC’s shares have rallied 17.2% year to date compared with the industry’s 6.6% growth. Perrigo’s earnings are expected to improve 24.6% in 2023. The strong momentum is likely to continue in 2024 as well. PRGO’s earnings surpassed estimates in two of the trailing four quarters and missed the same twice, delivering an average negative surprise of 0.79%.The company’s shares have lost 1.9% year to date against the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-products-104)’s 4.8% growth. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Hologic, Inc. (HOLX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HOLX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Alcon (ALC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Perrigo Company plc (PRGO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PRGO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Pacific Biosciences of California, Inc. (PACB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PACB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115395/pacbio-pacb-gets-new-order-for-revio-system-from-bioscientia?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2115395)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 12.517
Stock Price 2 days before: 13.6071
Stock Price 1 day before: 13.5667
Stock Price at release: 13.2969
Risk-Free Rate at release: 0.0527
| 13.344 |
Symbol: NGL
Security: NGL Energy Partners LP
Related Stocks/Topics: Stocks|CVX|EPM|RGCO
Title: Chevron (CVX) Puts New Mexico & Texas Properties Up for Sale
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:15:00
Article: **Chevron Corporation (**CVX**)**, a major oil and gas producer in the United States, put its properties in New Mexico and Texas up for sale, continuing a previously observed trend of divesting Permian oil and gas holdings, according to documents seen by Reuters.The company is looking to reduce its assets after making significant shale acquisitions. Chevron [agreed to acquire](https://www.zacks.com/stock/news/2099119/chevron-cvx-to-acquire-pdc-energy-for-63b-expand-acreage) shale operator PDC Energy Inc. in a $7.6 billion stock and debt deal last month. Prior to this, CVX increased its U.S. shale and international gas assets by purchasing Noble Energy in 2020. Since quite some time, Chevron, which owns more than 2 million acres in the Permian Basin, has been selling some of its holdings there, accelerating the oil and gas dealmaking process. The company has also acquired other properties in the region, keeping aside $4 billion for the development of Permian basin this year.Chevron has listed more than 2000 net acres in New Mexico, and approximately 30,000 acres in New Mexico and Texas for sale by auction, with bids due on Jul 27. According to Reuters, the entire area that’s up for sale is worth approximately $100 million.The dealmaking is presumably a move to sell lower-valued assets in the area and choose high-performance assets. This strategy is perfectly in line with Chevron's long-term goals. **Zacks Rank & Key Picks** Currently, Chevron carries a Zack Rank #3 (Hold).Some better-ranked stocks for investors interested in the [energy](https://www.zacks.com/stocks/industry-rank/sector/oils-energy-12) sector are **Evolution Petroleum Corporation** [EPM](https://www.nasdaq.com/market-activity/stocks/epm), **NGL Energy Partners LP** [NGL](https://www.nasdaq.com/market-activity/stocks/ngl) and **RGC Resources Inc.** [RGCO](https://www.nasdaq.com/market-activity/stocks/rgco). While Evolution Petroleum sports a Zacks Rank #1 (Strong Buy), both NGL Energy Partners and RGC Resources carry a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list?adid=ZP_quote_ribbon_1list&icid=quote-detailed_estimates-zp_internal-zacks_premium-top_ribbon-1_rank). Evolution Petroleum is an independent energy company. It was formed to acquire and develop oil and gas fields and apply both conventional and specialized technology to accelerate production, particularly in low-permeability reservoirs. EPM has witnessed an upward earnings estimate revision for 2023 and 2024 in the past 60 days.NGL Energy Partners, headquartered in Tulsa, OK, is a limited partnership operating a vertically-integrated propane business with three operating segments — retail propane, wholesale supply and marketing, and midstream. NGL has witnessed an upward earnings estimate revision for 2024 in the past 30 days.RGC Resources is a holding company that offers energy and associated products and services through its operational subsidiaries — Roanoke Gas Company and RGC Midstream, LLC. RGCO has thousands of customers through its natural gas distribution companies that serve the Roanoke Valley and Bluefield, Virginia and West Virginia areas. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_254_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[Chevron Corporation (CVX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CVX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[NGL Energy Partners LP (NGL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NGL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[Evolution Petroleum Corporation, Inc. (EPM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EPM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[RGC Resources Inc. (RGCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RGCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115403/chevron-cvx-puts-new-mexico-texas-properties-up-for-sale?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2115403)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 3.86546
Stock Price 2 days before: 3.90883
Stock Price 1 day before: 22.6036
Stock Price at release: 4.872
Risk-Free Rate at release: 0.0527
| 4.17291 |
Symbol: BBAI
Security: BigBear.ai Holdings, Inc.
Related Stocks/Topics: Stocks
Title: Investors Heavily Search BigBear.ai Holdings, Inc. (BBAI): Here is What You Need to Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:21:00
Article: **BigBear.ai Holdings, Inc.** (BBAI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +17.2%, compared to the Zacks S&P 500 composite's +4.7% change. During this period, the Zacks Computers - IT Services industry, which BigBear.ai Holdings, Inc. falls in, has gained 3.7%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. **Earnings Estimate Revisions** Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.BigBear.ai Holdings, Inc. is expected to post a loss of $0.08 per share for the current quarter, representing a year-over-year change of +82.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.For the current fiscal year, the consensus earnings estimate of -$0.36 points to a change of +62.1% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of -$0.25 indicates a change of +29.2% from what BigBear.ai Holdings, Inc. is expected to report a year ago. Over the past month, the estimate has remained unchanged.Having a strong [externally audited track record](https://www.zacks.com/performance_disclosure), our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other [factors related to earnings estimates](https://www.zacks.com/education/stock-education/zacks-rank-guide-9), BigBear.ai Holdings, Inc. is rated Zacks Rank #4 (Sell).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:**12 Month EPS** [12-month consensus EPS estimate for BBAI _12MonthEPSChartUrl](https://chart-service.zacks.com/images/weekly/yesop_12_month_eps/BBAI.png)**Projected Revenue Growth** While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For BigBear.ai Holdings, Inc. the consensus sales estimate for the current quarter of $39.31 million indicates a year-over-year change of +4.5%. For the current and next fiscal years, $165.29 million and $181.23 million estimates indicate +6.6% and +9.6% changes, respectively. **Last Reported Results and Surprise History** BigBear.ai Holdings, Inc. reported revenues of $42.15 million in the last reported quarter, representing a year-over-year change of +15.8%. EPS of -$0.19 for the same period compares with -$0.09 a year ago.Compared to the Zacks Consensus Estimate of $37.38 million, the reported revenues represent a surprise of +12.79%. The EPS surprise was -171.43%.The company could not beat consensus EPS estimates in any of the last four quarters. The company topped consensus revenue estimates three times over this period. **Valuation** No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.BigBear.ai Holdings, Inc. is graded F on this front, indicating that it is trading at a premium to its peers. [Click here ](https://www.zacks.com/stock/research/BBAI/stock-style-scores) to see the values of some of the valuation metrics that have driven this grade. **Conclusion** The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about BigBear.ai Holdings, Inc. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_571_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115281)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_571&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115281)[BigBear.ai Holdings, Inc. (BBAI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BBAI&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_571&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115281)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115281/investors-heavily-search-bigbear-ai-holdings-inc-bbai-here-is-what-you-need-to-know?cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115281)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 2.34325
Stock Price 2 days before: 2.45688
Stock Price 1 day before: 0.317963
Stock Price at release: 2.25875
Risk-Free Rate at release: 0.0527
| 2.00908 |
Symbol: ATRO
Security: Astronics Corporation
Related Stocks/Topics: Stocks
Title: Astronics Corporation (ATRO) Is a Trending Stock: Facts to Know Before Betting on It
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:21:00
Article: **Astronics Corporation** (ATRO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +26.2%, compared to the Zacks S&P 500 composite's +4.7% change. During this period, the Zacks Aerospace - Defense Equipment industry, which Astronics Corporation falls in, has gained 7.1%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. **Revisions to Earnings Estimates** Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Astronics Corporation is expected to post a loss of $0.03 per share for the current quarter, representing a year-over-year change of +91.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.For the current fiscal year, the consensus earnings estimate of -$0.10 points to a change of +92.8% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of $0.73 indicates a change of +830% from what Astronics Corporation is expected to report a year ago. Over the past month, the estimate has remained unchanged.Having a strong [externally audited track record](https://www.zacks.com/performance_disclosure), our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other [factors related to earnings estimates](https://www.zacks.com/education/stock-education/zacks-rank-guide-9), Astronics Corporation is rated Zacks Rank #4 (Sell).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:**12 Month EPS** [12-month consensus EPS estimate for ATRO _12MonthEPSChartUrl](https://chart-service.zacks.com/images/weekly/yesop_12_month_eps/ATRO.png)**Revenue Growth Forecast** Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. For Astronics Corporation, the consensus sales estimate for the current quarter of $166.66 million indicates a year-over-year change of +29.1%. For the current and next fiscal years, $662.88 million and $739.08 million estimates indicate +23.9% and +11.5% changes, respectively. **Last Reported Results and Surprise History** Astronics Corporation reported revenues of $156.54 million in the last reported quarter, representing a year-over-year change of +34.7%. EPS of -$0.14 for the same period compares with -$0.38 a year ago.Compared to the Zacks Consensus Estimate of $142.54 million, the reported revenues represent a surprise of +9.82%. The EPS surprise was -75%.The company could not beat consensus EPS estimates in any of the last four quarters. The company topped consensus revenue estimates each time over this period. **Valuation** Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Astronics Corporation is graded C on this front, indicating that it is trading at par with its peers. [Click here ](https://www.zacks.com/stock/research/ATRO/stock-style-scores) to see the values of some of the valuation metrics that have driven this grade. **Conclusion** The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Astronics Corporation. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_571_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115278)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_571&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115278)[Astronics Corporation (ATRO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ATRO&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_571&cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115278)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115278/astronics-corporation-atro-is-a-trending-stock-facts-to-know-before-betting-on-it?cid=CS-NASDAQ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2115278)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 19.4609
Stock Price 2 days before: 20.177
Stock Price 1 day before: 19.8715
Stock Price at release: 20.0079
Risk-Free Rate at release: 0.0527
| 21.0421 |
Symbol: CLOV
Security: Clover Health Investments, Corp.
Related Stocks/Topics: Stocks
Title: Fast-paced Momentum Stock Clover Health Investments, Corp. (CLOV) Is Still Trading at a Bargain
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:21:00
Article: Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times. It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the [Zacks Style Scores](https://www.zacks.com/style-scores-education/) system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.There are several stocks that currently pass through the screen and **Clover Health Investments, Corp.** (CLOV) is one of them. Here are the key reasons why this stock is a great candidate.A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 3.2%, the stock of this company is certainly well-positioned in this regard.While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CLOV meets this criterion too, as the stock gained 5.1% over the past 12 weeks.Moreover, the momentum for CLOV is fast paced, as the stock currently has a beta of 1.97. This indicates that the stock moves 97% higher than the market in either direction. Given this price performance, it is no surprise that CLOV has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CLOV earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/registration/premium/login/?continue_to=/stocks/buy-list&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-ZP-commentary_blog-text-eoac) Most importantly, despite possessing fast-paced momentum features, CLOV is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. CLOV is currently trading at 0.13 times its sales. In other words, investors need to pay only 13 cents for each dollar of sales.So, CLOV appears to have plenty of room to run, and that too at a fast pace.In addition to CLOV, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 [Zacks Premium Screens](https://www.zacks.com/registration/premium/login/?continue_to=/screening/premium-screens&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-ZP-commentary_blog-text-eoac) that are strategically created to beat the market.However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here [to sign up for a free trial to the Research Wizard today.](https://www.zacks.com/registration/rw/welcome/eoffer/4437?adid=ZCOM_RW_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-RW-commentary_blog-text-eoac)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_541_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115256)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_541&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115256)[Clover Health Investments, Corp. (CLOV) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CLOV&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_541&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115256) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115256/fast-paced-momentum-stock-clover-health-investments-corp-clov-is-still-trading-at-a-bargain?cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115256)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 0.846074
Stock Price 2 days before: 0.896599
Stock Price 1 day before: 0.859965
Stock Price at release: 0.862146
Risk-Free Rate at release: 0.0527
| 1.28559 |
Symbol: OSW
Security: OneSpaWorld Holdings Limited
Related Stocks/Topics: Stocks
Title: OneSpaWorld (OSW) is on the Move, Here's Why the Trend Could be Sustainable
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.There are several stocks that passed through the screen and **OneSpaWorld** (OSW) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing.A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. OSW is quite a good fit in this regard, gaining 1.6% over this period.However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 9.6% over the past four weeks ensures that the trend is still in place for the stock of this company.Moreover, OSW is currently trading at 80.7% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/registration/premium/login/?continue_to=/stocks/buy-list&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_540_063023&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|063023-ZP-commentary_blog-text-eoac) Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.So, the price trend in OSW may not reverse anytime soon.In addition to OSW, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 [Zacks Premium Screens](https://www.zacks.com/registration/premium/login/?continue_to=/screening/premium-screens&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_540_063023&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|063023-ZP-commentary_blog-text-eoac) that are strategically created to beat the market.However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here [to sign up for a free trial to the Research Wizard today.](https://www.zacks.com/registration/rw/welcome/eoffer/4437?adid=ZCOM_RW_ARTCAT_TALEOFTAPE_540_063023&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|063023-RW-commentary_blog-text-eoac)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_540_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2115248)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_540&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2115248)[OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OSW&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_540&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2115248)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115248/onespaworld-osw-is-on-the-move-here-s-why-the-trend-could-be-sustainable?cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2115248)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.2342
Stock Price 2 days before: 11.8107
Stock Price 1 day before: 12.1092
Stock Price at release: 11.8444
Risk-Free Rate at release: 0.0527
| 12.7655 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Stocks
Title: Are Options Traders Betting on a Big Move in Safehold (SAFE) Stock?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: Investors in **Safehold Inc.** [SAFE](https://www.nasdaq.com/market-activity/stocks/safe) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 21, 2023 $12.50 Put had some of the highest implied volatility of all equity options today. **What is Implied Volatility?**Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. **What do the Analysts Think?**Clearly, options traders are pricing in a big move for Safehold shares, but what is the fundamental picture for the company? Currently, Safehold is a Zacks Rank #3 (Hold) in the REIT and Equity Trust - Residential industry that ranks in the Top 44% of our Zacks Industry Rank. Over the last 60 days, our Zacks Consensus Estimate for the current quarter moved from 34 cents per share to 36 cents.Given the way analysts feel about Safehold right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. **Looking to Trade Options?**Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. [Click to see the trades now >>](https://www.zacks.com/registration/optionstrader/welcome/?adid=ZCOM_TOT)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_276_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115233)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115233)[Safehold Inc. (SAFE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SAFE&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115233)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115233/are-options-traders-betting-on-a-big-move-in-safehold-safe-stock?cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115233)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 23.0363
Stock Price 2 days before: 23.3498
Stock Price 1 day before: 23.6877
Stock Price at release: 23.7116
Risk-Free Rate at release: 0.0527
| 24.9668 |
Symbol: JKS
Security: JinkoSolar Holding Co., Ltd.
Related Stocks/Topics: Unknown
Title: Enphase (ENPH) Extends Distribution Partnership With 4blue
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: **Enphase Energy, Inc.** [ENPH](https://www.nasdaq.com/market-activity/stocks/enph) recently extended its longstanding distribution partnership with 4blue, with an aim to efficiently channelize its product in the European solar markets of Netherlands, Germany, Belgium and Luxembourg.For the past seven years, Enphase has been distributing its IQ Microinverters and IQ Batteries portfolio of product in collaboration with 4blue, across Europe. **Rationale Behind the Extension** Europe has proved to be a lucrative market for Enphase as the region’s continuous rising demand for solar energy aligns with its solar energy management solutions. Also, Enphase’s continuous efforts to upgrade its products with cutting-edge technology made its offerings highly sought after in the European solar market.Per the report by Solar Power Europe, 26 out of 27 European Union member states installed more solar in 2022 compared with the prior period’s levels. Solar deployment in the European territory can be expected to surpass 50 gigawatts (GW) of total solar installation in 2023 and is likely to double to 85 GW in 2026.This suggests that European consumers’ increased awareness of environmental impact of their energy consumption will continue to drive demand for a reliable and sustainable solar management solution that Enphase offers.Through the extended partnership with 4blue, the company aims to utilize the e-commerce platform of 4blue as a strategic tool to reach out to more customers who are looking for state-of-the-art products for their home energy management solution. **Opportunities for Peers** Acknowledging the growth potential of the European solar market, the following forerunners in the industry have already sought out favorable options in the region. **SolarEdge** [SEDG](https://www.nasdaq.com/market-activity/stocks/sedg): The company enjoys strong demand for its products in Europe, which resulted in a revenue increase of 9% in the last reported quarter. To capitalize on the growing demand, it intends to make available its Commercial Storage System and an Electric Vehicle charger for the European customers by the second half of 2024.SolarEdge boasts a long-term earnings growth rate of 33.4%. The Zacks Consensus Estimate for SolarEdge’s 2023 earnings has been revised upward by 13.6% in the past 60 days. **JinkoSolar Holding** [JKS](https://www.nasdaq.com/market-activity/stocks/jks):The company witnesses strong demand for its products in the European solar market as can be gauzed by its shipments recorded in the region in the last reported quarter. Europe contributed to the maximum shipment increase. The company recently locked in a distribution agreement with V. Kafkas SA to optimize the distribution and reach of its product, Residential Storage Solution, in the growing residential markets of Greece and Cyprus.The Zacks Consensus Estimate for JinkoSolar’s 2023 earnings suggests an improvement of 59.3% from the prior-year reported figure. JKS’ shares have increased 5.6% in the past six months. **Emeren Group** [SOL](https://www.nasdaq.com/market-activity/stocks/sol): The company generated 73% of its revenues from the European region in the first quarter of 2023. As of Mar 31, 2023, Emeren had mid-to-late-stage projects of 2,272 MW in Europe and operated 60 MW of IPP projects in Europe. The company recently entered into a partnership with Matrix Renewables to build a portfolio of Battery Energy Storage Systems, with a generation capacity of up to 1.5 GW in Italy. The Zacks Consensus Estimate for Emeren’s 2023 sales suggests a growth rate of 96.7% from the prior-year reported figure. The Zacks Consensus Estimate for SOL’s 2023 earnings has been revised upward by 32.3% in the past 60 days. **Price Movement** In the past month, shares of Enphase Energy have declined 8.7% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/solar-268)’s fall of 6%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/80/45991.jpg?v=1881916277) Image Source: Zacks Investment Research** Zacks Rank** Enphase Energy currently carries a Zacks Rank #3 (Hold).You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**. ****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Emeren Group Ltd. Sponsored ADR (SOL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SOL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[JinkoSolar Holding Company Limited (JKS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=JKS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348) [Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ENPH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SEDG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115348/enphase-enph-extends-distribution-partnership-with-4blue?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 42.573
Stock Price 2 days before: 43.367
Stock Price 1 day before: 44.4243
Stock Price at release: 44.6438
Risk-Free Rate at release: 0.0527
| 42.5828 |
Symbol: HLX
Security: Helix Energy Solutions Group, Inc.
Related Stocks/Topics: Stocks
Title: Implied Volatility Surging for Helix Energy Solutions (HLX) Stock Options
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: Investors in **Helix Energy Solutions** [HLX](https://www.nasdaq.com/market-activity/stocks/hlx) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 15, 2023 $1.00 Call had some of the highest implied volatility of all equity options today. **What is Implied Volatility?**Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. **What do the Analysts Think?**Clearly, options traders are pricing in a big move for Helix Energy Solutions shares, but what is the fundamental picture for the company? Currently, Helix Energy Solutions is a Zacks Rank #3 (Hold) in the Oil and Gas - Field Services industry that ranks in the Bottom 10% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 9 cents per share to 4 cents in that period.Given the way analysts feel about Helix Energy Solutions right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. **Looking to Trade Options?**Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. ** [Click to see the trades now >>](https://www.zacks.com/registration/optionstrader/welcome/?adid=ZCOM_TOT)****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_276_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115240)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115240)[Helix Energy Solutions Group, Inc. (HLX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=HLX&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115240) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115240/implied-volatility-surging-for-helix-energy-solutions-hlx-stock-options?cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115240)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 7.11066
Stock Price 2 days before: 7.28542
Stock Price 1 day before: 7.37481
Stock Price at release: 7.43562
Risk-Free Rate at release: 0.0527
| 9.64719 |
Symbol: PKOH
Security: Park-Ohio Holdings Corp.
Related Stocks/Topics: Stocks
Title: Park-Ohio (PKOH) Shows Fast-paced Momentum But Is Still a Bargain Stock
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times. A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the [Zacks Style Scores](https://www.zacks.com/style-scores-education/) system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.There are several stocks that currently pass through the screen and **Park-Ohio** (PKOH) is one of them. Here are the key reasons why this stock is a great candidate.A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 15.3%, the stock of this industrial supply-chain logistics company is certainly well-positioned in this regard.While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. PKOH meets this criterion too, as the stock gained 57.8% over the past 12 weeks.Moreover, the momentum for PKOH is fast paced, as the stock currently has a beta of 1.31. This indicates that the stock moves 31% higher than the market in either direction. Given this price performance, it is no surprise that PKOH has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped PKOH earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/registration/premium/login/?continue_to=/stocks/buy-list&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-ZP-commentary_blog-text-eoac) Most importantly, despite possessing fast-paced momentum features, PKOH is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. PKOH is currently trading at 0.15 times its sales. In other words, investors need to pay only 15 cents for each dollar of sales.So, PKOH appears to have plenty of room to run, and that too at a fast pace.In addition to PKOH, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 [Zacks Premium Screens](https://www.zacks.com/registration/premium/login/?continue_to=/screening/premium-screens&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-ZP-commentary_blog-text-eoac) that are strategically created to beat the market.However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here [to sign up for a free trial to the Research Wizard today.](https://www.zacks.com/registration/rw/welcome/eoffer/4437?adid=ZCOM_RW_ARTCAT_TALEOFTAPE_541_063023&icid=blog-tale_of_the_tape|fast_paced_momentum_at_a_bargain-ARTCAT|063023-RW-commentary_blog-text-eoac)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_541_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115255)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_541&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115255)[Park-Ohio Holdings Corp. (PKOH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PKOH&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_541&cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115255)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115255/park-ohio-pkoh-shows-fast-paced-momentum-but-is-still-a-bargain-stock?cid=CS-NASDAQ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2115255)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.8469
Stock Price 2 days before: 18.9758
Stock Price 1 day before: 19.001
Stock Price at release: 19.1074
Risk-Free Rate at release: 0.0527
| 19.191 |
Symbol: SEDG
Security: SolarEdge Technologies, Inc.
Related Stocks/Topics: Stocks|SOL|JKS|ENPH
Title: Enphase (ENPH) Extends Distribution Partnership With 4blue
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: **Enphase Energy, Inc.** [ENPH](https://www.nasdaq.com/market-activity/stocks/enph) recently extended its longstanding distribution partnership with 4blue, with an aim to efficiently channelize its product in the European solar markets of Netherlands, Germany, Belgium and Luxembourg.For the past seven years, Enphase has been distributing its IQ Microinverters and IQ Batteries portfolio of product in collaboration with 4blue, across Europe. **Rationale Behind the Extension** Europe has proved to be a lucrative market for Enphase as the region’s continuous rising demand for solar energy aligns with its solar energy management solutions. Also, Enphase’s continuous efforts to upgrade its products with cutting-edge technology made its offerings highly sought after in the European solar market.Per the report by Solar Power Europe, 26 out of 27 European Union member states installed more solar in 2022 compared with the prior period’s levels. Solar deployment in the European territory can be expected to surpass 50 gigawatts (GW) of total solar installation in 2023 and is likely to double to 85 GW in 2026.This suggests that European consumers’ increased awareness of environmental impact of their energy consumption will continue to drive demand for a reliable and sustainable solar management solution that Enphase offers.Through the extended partnership with 4blue, the company aims to utilize the e-commerce platform of 4blue as a strategic tool to reach out to more customers who are looking for state-of-the-art products for their home energy management solution. **Opportunities for Peers** Acknowledging the growth potential of the European solar market, the following forerunners in the industry have already sought out favorable options in the region. **SolarEdge** [SEDG](https://www.nasdaq.com/market-activity/stocks/sedg): The company enjoys strong demand for its products in Europe, which resulted in a revenue increase of 9% in the last reported quarter. To capitalize on the growing demand, it intends to make available its Commercial Storage System and an Electric Vehicle charger for the European customers by the second half of 2024.SolarEdge boasts a long-term earnings growth rate of 33.4%. The Zacks Consensus Estimate for SolarEdge’s 2023 earnings has been revised upward by 13.6% in the past 60 days. **JinkoSolar Holding** [JKS](https://www.nasdaq.com/market-activity/stocks/jks):The company witnesses strong demand for its products in the European solar market as can be gauzed by its shipments recorded in the region in the last reported quarter. Europe contributed to the maximum shipment increase. The company recently locked in a distribution agreement with V. Kafkas SA to optimize the distribution and reach of its product, Residential Storage Solution, in the growing residential markets of Greece and Cyprus.The Zacks Consensus Estimate for JinkoSolar’s 2023 earnings suggests an improvement of 59.3% from the prior-year reported figure. JKS’ shares have increased 5.6% in the past six months. **Emeren Group** [SOL](https://www.nasdaq.com/market-activity/stocks/sol): The company generated 73% of its revenues from the European region in the first quarter of 2023. As of Mar 31, 2023, Emeren had mid-to-late-stage projects of 2,272 MW in Europe and operated 60 MW of IPP projects in Europe. The company recently entered into a partnership with Matrix Renewables to build a portfolio of Battery Energy Storage Systems, with a generation capacity of up to 1.5 GW in Italy. The Zacks Consensus Estimate for Emeren’s 2023 sales suggests a growth rate of 96.7% from the prior-year reported figure. The Zacks Consensus Estimate for SOL’s 2023 earnings has been revised upward by 32.3% in the past 60 days. **Price Movement** In the past month, shares of Enphase Energy have declined 8.7% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/solar-268)’s fall of 6%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/80/45991.jpg?v=1881916277) Image Source: Zacks Investment Research** Zacks Rank** Enphase Energy currently carries a Zacks Rank #3 (Hold).You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**. ****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Emeren Group Ltd. Sponsored ADR (SOL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SOL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[JinkoSolar Holding Company Limited (JKS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=JKS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348) [Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ENPH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SEDG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115348/enphase-enph-extends-distribution-partnership-with-4blue?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115348)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 255.039
Stock Price 2 days before: 254.801
Stock Price 1 day before: 268.555
Stock Price at release: 268.725
Risk-Free Rate at release: 0.0527
| 242.857 |
Symbol: KOP
Security: Koppers Holdings Inc.
Related Stocks/Topics: Unknown
Title: Reliance Steel (RS) Hits 52-Week High: What's Aiding It?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: **Reliance Steel & Aluminum Co. **’s [RS](https://www.nasdaq.com/market-activity/stocks/rs) shares touched a 52-week high of $271.35 on Jun 29, before closing at $270.81.Over the past year, Reliance Steel has gained 59.4%, compared with the [industry’s](https://www.zacks.com/stocks/industry-rank/industry/metal-products-distribution-120) 17.1% rise in the same period. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/71/46013.jpg?v=703910084) Image Source: Zacks Investment Research** What’s Driving Reliance Steel?**Reliance Steel is experiencing positive market conditions across several sectors. In the non-residential construction market, which is its largest market, demand improved in the first quarter and the company foresees this trend continuing into the second quarter. Similarly, the semiconductor market witnessed higher year-over-year demand in the first quarter. Reliance Steel expects this market to remain strong, with a favorable long-term outlook.The broader manufacturing sectors served by Reliance Steel also saw modest improvements in demand. The company anticipates stable demand in the second quarter. The energy sector, including oil and natural gas, showed year-over-year improvement in the first quarter, and Reliance Steel cautiously expects demand to remain steady in the second quarter.Moreover, Reliance Steel experienced increased demand for its toll processing services in the automotive market and foresees further demand growth in the second quarter. Additionally, demand in the commercial aerospace sector improved during the first quarter and the company is cautiously optimistic that this trend will continue in the second quarter.Reliance Steel's growth strategy includes an aggressive acquisition approach, which aligns with its core business policy to drive operating results. Recent acquisitions, such as Rotax Metals, Admiral Metals and Nu-Tech Precision Metals, reflect its focus on investing in high-quality businesses. Furthermore, the company remains committed to enhancing shareholder returns. In the first quarter, Reliance Steel repurchased shares worth $38.9 million and returned $100.9 million to stockholders through dividends and repurchases. In February 2023, the company increased its quarterly dividend by 14.3% to $1.00 per share.Also, the company delivered an earnings surprise in all the trailing four quarters, with the average surprise being 12.15%. Earnings estimates have witnessed an 11.2% upward revision for the second quarter in the past 60 days. **Reliance Steel & Aluminum Co. Price and Consensus** [](https://www.zacks.com/stock/chart/RS/price-consensus-chart?icid=chart-RS-price-consensus-chart)[Reliance Steel & Aluminum Co. price-consensus-chart](https://www.zacks.com/stock/chart/RS/price-consensus-chart?icid=chart-RS-price-consensus-chart) | [Reliance Steel & Aluminum Co. Quote](https://www.nasdaq.com/market-activity/stocks/rs)**Zacks Rank & Key Picks** Reliance Steel currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include **L.B. Foster** **Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr), carrying a Zacks Rank #1 (Strong Buy), and **Koppers Holdings Inc.** [KOP](https://www.nasdaq.com/market-activity/stocks/kop) and **Linde Plc** [LIN](https://www.nasdaq.com/market-activity/stocks/lin), carrying a Zacks Rank #2 (Buy) each. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list). The Zacks Consensus Estimate for L.B. Foster’s current-year earnings is pegged at 53 cents per share, indicating year-over-year growth of 112.5%. The company’s shares have gained around 10.6% over the past year. FSTR beat the Zacks Consensus Estimate in all the last four quarters. It delivered a trailing four-quarter earnings surprise of 140.5%, on average.Koppers currently carries a Zacks Rank #2. The consensus estimate for current-year earnings for KOP is currently pegged at $4.40, implying year-over-year growth of 6.3%. Koppers’ shares have rallied roughly 48.8% in the past year.The Zacks Consensus Estimate for Linde’s current-year earnings has been revised 4.4% upward in the past 60 days. LIN beat the Zacks Consensus Estimate in all the last four quarters, with the average earnings surprise being 6.9%. The company’s shares have gained 31.9% in the past year. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_212_06302023&cid=CS-NASDAQ-FT-analyst_blog|52-week_high_low-2115242)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[Reliance Steel & Aluminum Co. (RS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[Koppers Holdings Inc. (KOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[Linde PLC (LIN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LIN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115242/reliance-steel-rs-hits-52-week-high-what-s-aiding-it?cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2115242)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 32.7556
Stock Price 2 days before: 34.1497
Stock Price 1 day before: 34.0945
Stock Price at release: 33.9353
Risk-Free Rate at release: 0.0527
| 37.8768 |
Symbol: LMB
Security: Limbach Holdings, Inc.
Related Stocks/Topics: Stocks
Title: Is the Options Market Predicting a Spike in Limbach (LMB) Stock?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:27:00
Article: Investors in **Limbach Holdings, Inc.** [LMB](https://www.nasdaq.com/market-activity/stocks/lmb) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 21, 2023 $2.50 Call had some of the highest implied volatility of all equity options today. **What is Implied Volatility?**Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. **What do the Analysts Think?**Clearly, options traders are pricing in a big move for Limbach shares, but what is the fundamental picture for the company? Currently, Limbach is a Zacks Rank #3 (Hold) in the Building Products - Maintenance Service industry that ranks in the Top 18% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 27 cents per share to 25 cents in that period.Given the way analysts feel about Limbach right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. **Looking to Trade Options?**Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. [Click to see the trades now >>](https://www.zacks.com/registration/optionstrader/welcome/?adid=ZCOM_TOT)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_276_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115238)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115238)[Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LMB&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115238)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115238/is-the-options-market-predicting-a-spike-in-limbach-lmb-stock?cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115238)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 24.4391
Stock Price 2 days before: 24.8123
Stock Price 1 day before: 24.6038
Stock Price at release: 25.139
Risk-Free Rate at release: 0.0527
| 26.7934 |
Symbol: AFYA
Security: Afya Limited
Related Stocks/Topics: Stocks|MTW|RCL|ALGT|CASY
Title: 5 Stocks With Relative Price Strength Tailwinds at Their Back
Type: News
Publication: Zacks
Publication Author: Nilanjan Choudhury
Date: 2023-07-02 02:33:00
Article: While the Fed paused the rate hike after 10 consecutive increases, Chairman Jerome Powell’s hawkish statements have somewhat dented investors’ confidence in risky assets like equities.In his testimony before the U.S. Congress, Powell reaffirmed his stand that more rate hikes are likely by this year-end. Moreover, the central banks of the UK, Switzerland, Norway and Turkey recently raised their respective benchmark lending rates. Consequently, market participants remained concerned about a near-term recession in the United States as well as globally, with higher interest rates hindering economic activities. To play this situation, investors who want to stay exposed to the equity setup should focus on good investment opportunities. One of the ways such potential plays could be identified is to look for signs of relative price strength. **Relative Price Strength Strategy** Earnings growth and valuation multiples are indeed important for investors to determine a stock's ability to offer considerable returns. But these are also essential for determining whether a stock’s price performance is better than its peers or the industry average. If a stock’s performance is lacking that of the broader groups, despite impressive earnings growth or valuation multiples, then something must be wrong.It’s always advisable to stay away from these stocks and bet on those that are outperforming their respective industry or benchmark. This is because betting on a winner always proves to be lucrative. Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months at least and having solid fundamentals indicate room for growth and are the best ways to go about this strategy.Finally, it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter’s (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains. **Screening Parameters****Relative % Price change – 12 weeks greater than 0Relative % Price change – 4 weeks greater than 0Relative % Price change – 1 week greater than 0**(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)**% Change (Q1) Est. over 4 Weeks greater than 0:** Positive current-quarter estimate revisions over the last four weeks. **Zacks Rank equal to 1:** Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas)**. **Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000:** A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity. ** [VGM Score](https://www.zacks.com/style-scores-education/) less than or equal to B:** Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential.Here are five of the 20 stocks that made it through the screen:**Royal Caribbean Group** [RCL](https://www.nasdaq.com/market-activity/stocks/rcl): It is a cruise company whose brands primarily serve the contemporary, premium and deluxe segments. The 2023 Zacks Consensus Estimate for Miami, FL-based RCL indicates 162.9% year-over-year earnings per share growth. Royal Caribbean Group has a VGM Score of B.Over the past 60 days, RCL saw the Zacks Consensus Estimate for 2023 move up 44.8%. It beat the Zacks Consensus Estimate for earnings in each of the last four quarters. Royal Caribbean Group shares have moved up 190.9% in a year. **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt): It operates a low-cost passenger airline and focuses on linking leisure travelers in small and medium-sized cities to world-class leisure destinations. Over the past 60 days, this Las Vegas, NV-based firm saw the Zacks Consensus Estimate for 2023 move up 38.3%. ALGT has a VGM Score of A.Allegiant Travel Company beat the Zacks Consensus Estimate for earnings in two of the last four quarters, missed in one and met in the other. It has a trailing four-quarter earnings surprise of roughly 79.8%, on average. ALGT shares have gained 10.5% in a year. **Afya Limited** [AFYA](https://www.nasdaq.com/market-activity/stocks/afya): Based in Brazil, the company is a leading medical education group. Afya’s expected EPS growth rate for three to five years is currently 22.1%, which compares favorably with the industry's growth rate of 16.8%. The company has a VGM Score of A.Notably, the 2023 Zacks Consensus Estimate for Afya indicates 28.8% year-over-year earnings per share growth. The company has a market capitalization of $1.3 billion. Afya shares have gone up 39.8% in a year. **Casey’s General Stores** [CASY](https://www.nasdaq.com/market-activity/stocks/casy): The company operates convenience stores under the Casey's and Casey's General Store names in 16 states. Over the past 60 days, this Ankeny, IA-based firm saw the Zacks Consensus Estimate for fiscal 2024 move up 5.4%. CASY has a VGM Score of A.Casey’s General Stores beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. It has a trailing four-quarter earnings surprise of roughly 7.5%, on average. CASY shares have gained 29.5% in a year. **The Manitowoc Company** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw): Based in Milwaukee, WI, The Manitowoc Company is a leading provider of engineered lifting solutions, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Over the past 60 days, this firm saw the Zacks Consensus Estimate for 2023 move up 31.8%. MTW has a VGM Score of A.The 2023 Zacks Consensus Estimate for The Manitowoc Company indicates 5.7% year-over-year earnings per share growth. It has a trailing four-quarter earnings surprise of roughly 256.3%, on average. MTW shares have increased 77.7% in a year.You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.[Click here to sign up for a free trial to the Research Wizard today](https://woas.zacks.com/zcom/researchwizard/tools3.php?site=ZCOM_RW_IND_ARTICLES) Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.Disclosure: Performance information for Zacks’ portfolios and strategies are available at: [https://www.zacks.com/performance](https://www.zacks.com/performance). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_259_IND_06302023&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297) [Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CASY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Afya Limited (AFYA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AFYA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115297/5-stocks-with-relative-price-strength-tailwinds-at-their-back?cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 13.4296
Stock Price 2 days before: 14.1106
Stock Price 1 day before: 14.224
Stock Price at release: 14.568
Risk-Free Rate at release: 0.0527
| 15.7009 |
Symbol: GLP
Security: Global Partners LP
Related Stocks/Topics: Stocks|VLO|EPM|PHX
Title: Here's Why Hold Strategy is Apt for Valero (VLO) Stock Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:33:00
Article: **Valero Energy Corporation** [VLO](https://www.nasdaq.com/market-activity/stocks/vlo) has gained 8% in the past year, outpacing a rise of 3.8% of the composite stocks belonging to the [industry](https://www.zacks.com/stocks/industry-rank/industry/oil-and-gas-refining-and-marketing-128). **What’s Favoring the Stock?**Valero, carrying a Zacks Rank #3 (Hold), is a best-in-class oil refiner involved in producing fuels and products that can meet the demands of modern life. Its refineries are located across the United States, Canada and the U.K. A total of 15 petroleum refineries where Valero has ownership interests have a combined throughput capacity of approximately 3.2 million barrels per day. The Renewable Diesel business segment of the firm comprises Diamond Green Diesel (DGD) — a joint venture between Darling Ingredients Inc. and Valero. DGD is a leading renewable fuel producer in North America. Low-carbon fuel policies across the globe primarily are aiding the demand for renewable diesel, therefore driving Valero’s Renewable Diesel business unit.Valero boasts that its premium refining operations are resilient even when the business operating environment is carbon-constrained. Its refining business has the capabilities to generate handsome cashflows that would allow it to return capital to shareholders and back growth projects. **Risks** However, rising operating expenses are hurting VLO’s bottom line. Being a premium refiner, the firm’s input cost is highly fluctuating, given the volatile pricing scenario of crude oil. **Stocks to Consider** Better-ranked players in the energy space include **Evolution Petroleum****Corporation** [EPM](https://www.nasdaq.com/market-activity/stocks/epm), **Global Partners****LP** [GLP](https://www.nasdaq.com/market-activity/stocks/glp) and **PHX MINERALS****INC.** [PHX](https://www.nasdaq.com/market-activity/stocks/phx). While Evolution Petroleum and Global Partners sport a Zacks Rank #1 (Strong Buy), PHX MINERALS carries a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).Through its ownership interests in onshore oil and natural gas properties in the United States, Evolution Petroleum is touted as a key independent energy player. Global Partners is a leading operator of gasoline stations and convenience stores, having roughly 1,700 locations majorly in the Northeast. Over the past 60 days, Global Partners has witnessed upward earnings estimate revisions for 2023 and 2024, respectively.The royalty interest production figures of PHX MINERALS, for the last four reported figures, depict significant improvement. With new wells coming online in the prolific Haynesville Shale and Bakken plays, PHX MINERALS is witnessing a production increase in royalty volumes. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_06302023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[Valero Energy Corporation (VLO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=VLO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[Global Partners LP (GLP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GLP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[Evolution Petroleum Corporation, Inc. (EPM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EPM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[PHX Minerals Inc. (PHX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PHX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115344/here-s-why-hold-strategy-is-apt-for-valero-vlo-stock-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2115344)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 30.5763
Stock Price 2 days before: 30.4765
Stock Price 1 day before: 25.949
Stock Price at release: 30.5051
Risk-Free Rate at release: 0.0527
| 33.047 |
Symbol: SILK
Security: Silk Road Medical, Inc
Related Stocks/Topics: Stocks|RXST
Title: Strength Seen in RxSight, Inc. (RXST): Can Its 9.6% Jump Turn into More Strength?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:33:00
Article: **RxSight, Inc.** [RXST](https://www.nasdaq.com/market-activity/stocks/rxst) shares soared 9.6% in the last trading session to close at $28.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.2% gain over the past four weeks.RxSight scored a strong price increase, driven by investor’s optimism surrounding the company’s impressive quarterly performance for the three months ended March 31, 2023. The company held momentum on the increasing adoption and utilization of its premium cataract solution, the Light Adjustable Lens system. Further, the company’s updated revenue guidance suggested an implied growth of 61%-71% compared to 2022 (previously 59%-69%). Gross margin for the full year is expected to be 56%-58% (earlier 52%-54%). This might have further boosted investors’ confidence in the stock.This company is expected to post quarterly loss of $0.47 per share in its upcoming report, which represents a year-over-year change of +6%. Revenues are expected to be $19.21 million, up 69.1% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For RxSight, Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RXST going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) RxSight, Inc. is a member of the Zacks Medical - Instruments industry. One other stock in the same industry, **Silk Road Medical** [SILK](https://www.nasdaq.com/market-activity/stocks/silk), finished the last trading session 0.1% lower at $32.62. SILK has returned 8.2% over the past month.For Silk Road Medical, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.39. This represents a change of +11.4% from what the company reported a year ago. Silk Road Medical currently has a Zacks Rank of #3 (Hold). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_534_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5-2115227)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[RxSight, Inc. (RXST) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RXST&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[Silk Road Medical, Inc. (SILK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SILK&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115227/strength-seen-in-rxsight-inc-rxst-can-its-9-6-jump-turn-into-more-strength?cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 32.3154
Stock Price 2 days before: 32.8646
Stock Price 1 day before: 32.4849
Stock Price at release: 32.4978
Risk-Free Rate at release: 0.0527
| 22.8442 |
Symbol: GLP
Security: Global Partners LP
Related Stocks/Topics: Stocks|EOG|EPM
Title: 3 Dividend Stocks to Gain Despite Energy Market Choppiness
Type: News
Publication: Zacks
Publication Author: Nilanjan Banerjee
Date: 2023-07-02 02:33:00
Article: Since the onset of the coronavirus pandemic, the market has witnessed wild swings in oil prices. This reflects that notorious volatility is an integral part of the energy sector. However, due to some key factors, dividend-paying stocks in the same space are relatively less volatile, thereby poising **Evolution Petroleum Corporation** [EPM](https://www.nasdaq.com/market-activity/stocks/epm), **Global Partners LP** [GLP](https://www.nasdaq.com/market-activity/stocks/glp) and **EOG Resources, Inc.** [EOG](https://www.nasdaq.com/market-activity/stocks/eog) for growth. **Extremely Volatile Energy Market** We should not forget how oil prices behaved since the beginning of the coronavirus outbreak. The initial pandemic period, when there were no vaccines, saw an environment of heightened uncertainties. The commodity’s price plunged to a negative $36.98 per barrel on Apr 20, 2020. However, with the rapid developments of vaccines by scientists, which led to the gradual opening of the economies, the pricing scenario of West Texas Intermediate crude improved drastically over time to reach $123.64 per barrel on Mar 8, 2022. Oil price data are per the U.S. Energy Information Administration. Oil is currently approaching the $70 per barrel mark again. **Dividend Stocks in the Spotlight** Overall oil pricing scenario seems scary, which could easily deter investors from allocating money to energy companies. Despite this volatility constraint, investors could consider dividend-paying companies belonging to the industry. This is because, generally, companies with stable dividend-paying history are relatively less volatile than stocks with no dividend history. It is expected that companies that have been rewarding stockholders with dividends will try their best to continue paying at the same pace or higher, making the stocks attractive and less volatile to the vagaries of the market.We have employed our [Stock Screener](https://www.zacks.com/screening/stock-screener?icid=screening-screening-nav_tracking-zcom-main_menu_wrapper-stock_screener) to zero in on three such stocks. With a dividend yield of more than 2%, all the companies have raised dividends over the past five years. Moreover, with a payout ratio of less than 60%, the companies ensure sustainability with enough scope for future dividend increases. **3 Stocks to Gain****Evolution Petroleum Corporation:**A well-known,independent energy company, Evolution Petroleum has been boosting its production and reserves roughly six times, aided by the closure of four acquisitions from November 2019 to April 2022. Having a strong focus on returning capital to shareholders, this Zacks Rank #1 (Strong Buy) company has consecutively paid dividends since 2013. It pays out a quarterly dividend of 12 cents (48 cents annualized) per share, which gives it a 5.85% yield at the current stock price. ([Check Evolution Petroleum’s dividend history here](https://www.zacks.com/stock/research/EPM/dividend-history))). **Evolution Petroleum Corporation, Inc. Dividend Yield (TTM)** [](https://www.zacks.com/stock/chart/EPM/fundamental/dividend-yield-ttm?icid=chart-EPM-fundamental/dividend-yield-ttm)[Evolution Petroleum Corporation, Inc. dividend-yield-ttm](https://www.zacks.com/stock/chart/EPM/fundamental/dividend-yield-ttm?icid=chart-EPM-fundamental/dividend-yield-ttm) | [Evolution Petroleum Corporation, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/epm) You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link). **Global Partners LP:**A well-known name in the energy space, Global Partners is a key operator of gasoline stations and convenience stores. Having a solid balance sheet, Global Partners has been a successful player, aided by acquisitions and integrations of terminals and retail fuel assets. The Zacks #1 Ranked stock pays out a quarterly cash distribution of 65.5 cents ($2.62 annualized) per unit, which gives it an 8.60% yield at the current stock price. ([Check Global Partners’ dividend history here](https://www.zacks.com/stock/research/GLP/dividend-history))). **Global Partners LP Dividend Yield (TTM)** [](https://www.zacks.com/stock/chart/GLP/fundamental/dividend-yield-ttm?icid=chart-GLP-fundamental/dividend-yield-ttm)[Global Partners LP dividend-yield-ttm](https://www.zacks.com/stock/chart/GLP/fundamental/dividend-yield-ttm?icid=chart-GLP-fundamental/dividend-yield-ttm) | [Global Partners LP Quote](https://www.nasdaq.com/market-activity/stocks/glp)**EOG Resources, Inc:**In the United States, EOG Resources is a leading exploration and production player. Since transitioning to premium drilling, EOG boasted that it has returned billions in cash to shareholders. The firm pays a quarterly cash dividend on the common stock of 82.5 cents ($3.30 annualized) per share. EOG, carrying a Zacks Rank #3 (Hold), also paid a special dividend of $1.00 per share on Mar 30. ([Check EOG Resources’ dividend history here](https://www.zacks.com/stock/research/EOG/dividend-history))). **EOG Resources, Inc. Dividend Yield (TTM)** [](https://www.zacks.com/stock/chart/EOG/fundamental/dividend-yield-ttm?icid=chart-EOG-fundamental/dividend-yield-ttm)[EOG Resources, Inc. dividend-yield-ttm](https://www.zacks.com/stock/chart/EOG/fundamental/dividend-yield-ttm?icid=chart-EOG-fundamental/dividend-yield-ttm) | [EOG Resources, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/eog) **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_216_IND_06302023&cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_216&cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302)[EOG Resources, Inc. (EOG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EOG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_216&cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302)[Global Partners LP (GLP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GLP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_216&cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302)[Evolution Petroleum Corporation, Inc. (EPM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EPM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_216&cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115302/3-dividend-stocks-to-gain-despite-energy-market-choppiness?cid=CS-NASDAQ-FT-analyst_blog|industry_focus-2115302)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 30.5763
Stock Price 2 days before: 30.4765
Stock Price 1 day before: 25.949
Stock Price at release: 30.5051
Risk-Free Rate at release: 0.0527
| 33.047 |
Symbol: RXST
Security: RxSight, Inc.
Related Stocks/Topics: Stocks|SILK
Title: Strength Seen in RxSight, Inc. (RXST): Can Its 9.6% Jump Turn into More Strength?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:33:00
Article: **RxSight, Inc.** [RXST](https://www.nasdaq.com/market-activity/stocks/rxst) shares soared 9.6% in the last trading session to close at $28.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.2% gain over the past four weeks.RxSight scored a strong price increase, driven by investor’s optimism surrounding the company’s impressive quarterly performance for the three months ended March 31, 2023. The company held momentum on the increasing adoption and utilization of its premium cataract solution, the Light Adjustable Lens system. Further, the company’s updated revenue guidance suggested an implied growth of 61%-71% compared to 2022 (previously 59%-69%). Gross margin for the full year is expected to be 56%-58% (earlier 52%-54%). This might have further boosted investors’ confidence in the stock.This company is expected to post quarterly loss of $0.47 per share in its upcoming report, which represents a year-over-year change of +6%. Revenues are expected to be $19.21 million, up 69.1% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For RxSight, Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RXST going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) RxSight, Inc. is a member of the Zacks Medical - Instruments industry. One other stock in the same industry, **Silk Road Medical** [SILK](https://www.nasdaq.com/market-activity/stocks/silk), finished the last trading session 0.1% lower at $32.62. SILK has returned 8.2% over the past month.For Silk Road Medical, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.39. This represents a change of +11.4% from what the company reported a year ago. Silk Road Medical currently has a Zacks Rank of #3 (Hold). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_534_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5-2115227)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[RxSight, Inc. (RXST) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RXST&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[Silk Road Medical, Inc. (SILK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SILK&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115227/strength-seen-in-rxsight-inc-rxst-can-its-9-6-jump-turn-into-more-strength?cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115227)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 25.0984
Stock Price 2 days before: 29.191
Stock Price 1 day before: 28.7282
Stock Price at release: 28.6258
Risk-Free Rate at release: 0.0527
| 33.3866 |
Symbol: ALGT
Security: Allegiant Travel Company
Related Stocks/Topics: Stocks|MTW|RCL|CASY|AFYA
Title: 5 Stocks With Relative Price Strength Tailwinds at Their Back
Type: News
Publication: Zacks
Publication Author: Nilanjan Choudhury
Date: 2023-07-02 02:33:00
Article: While the Fed paused the rate hike after 10 consecutive increases, Chairman Jerome Powell’s hawkish statements have somewhat dented investors’ confidence in risky assets like equities.In his testimony before the U.S. Congress, Powell reaffirmed his stand that more rate hikes are likely by this year-end. Moreover, the central banks of the UK, Switzerland, Norway and Turkey recently raised their respective benchmark lending rates. Consequently, market participants remained concerned about a near-term recession in the United States as well as globally, with higher interest rates hindering economic activities. To play this situation, investors who want to stay exposed to the equity setup should focus on good investment opportunities. One of the ways such potential plays could be identified is to look for signs of relative price strength. **Relative Price Strength Strategy** Earnings growth and valuation multiples are indeed important for investors to determine a stock's ability to offer considerable returns. But these are also essential for determining whether a stock’s price performance is better than its peers or the industry average. If a stock’s performance is lacking that of the broader groups, despite impressive earnings growth or valuation multiples, then something must be wrong.It’s always advisable to stay away from these stocks and bet on those that are outperforming their respective industry or benchmark. This is because betting on a winner always proves to be lucrative. Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months at least and having solid fundamentals indicate room for growth and are the best ways to go about this strategy.Finally, it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter’s (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains. **Screening Parameters****Relative % Price change – 12 weeks greater than 0Relative % Price change – 4 weeks greater than 0Relative % Price change – 1 week greater than 0**(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)**% Change (Q1) Est. over 4 Weeks greater than 0:** Positive current-quarter estimate revisions over the last four weeks. **Zacks Rank equal to 1:** Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas)**. **Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000:** A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity. ** [VGM Score](https://www.zacks.com/style-scores-education/) less than or equal to B:** Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential.Here are five of the 20 stocks that made it through the screen:**Royal Caribbean Group** [RCL](https://www.nasdaq.com/market-activity/stocks/rcl): It is a cruise company whose brands primarily serve the contemporary, premium and deluxe segments. The 2023 Zacks Consensus Estimate for Miami, FL-based RCL indicates 162.9% year-over-year earnings per share growth. Royal Caribbean Group has a VGM Score of B.Over the past 60 days, RCL saw the Zacks Consensus Estimate for 2023 move up 44.8%. It beat the Zacks Consensus Estimate for earnings in each of the last four quarters. Royal Caribbean Group shares have moved up 190.9% in a year. **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt): It operates a low-cost passenger airline and focuses on linking leisure travelers in small and medium-sized cities to world-class leisure destinations. Over the past 60 days, this Las Vegas, NV-based firm saw the Zacks Consensus Estimate for 2023 move up 38.3%. ALGT has a VGM Score of A.Allegiant Travel Company beat the Zacks Consensus Estimate for earnings in two of the last four quarters, missed in one and met in the other. It has a trailing four-quarter earnings surprise of roughly 79.8%, on average. ALGT shares have gained 10.5% in a year. **Afya Limited** [AFYA](https://www.nasdaq.com/market-activity/stocks/afya): Based in Brazil, the company is a leading medical education group. Afya’s expected EPS growth rate for three to five years is currently 22.1%, which compares favorably with the industry's growth rate of 16.8%. The company has a VGM Score of A.Notably, the 2023 Zacks Consensus Estimate for Afya indicates 28.8% year-over-year earnings per share growth. The company has a market capitalization of $1.3 billion. Afya shares have gone up 39.8% in a year. **Casey’s General Stores** [CASY](https://www.nasdaq.com/market-activity/stocks/casy): The company operates convenience stores under the Casey's and Casey's General Store names in 16 states. Over the past 60 days, this Ankeny, IA-based firm saw the Zacks Consensus Estimate for fiscal 2024 move up 5.4%. CASY has a VGM Score of A.Casey’s General Stores beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. It has a trailing four-quarter earnings surprise of roughly 7.5%, on average. CASY shares have gained 29.5% in a year. **The Manitowoc Company** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw): Based in Milwaukee, WI, The Manitowoc Company is a leading provider of engineered lifting solutions, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Over the past 60 days, this firm saw the Zacks Consensus Estimate for 2023 move up 31.8%. MTW has a VGM Score of A.The 2023 Zacks Consensus Estimate for The Manitowoc Company indicates 5.7% year-over-year earnings per share growth. It has a trailing four-quarter earnings surprise of roughly 256.3%, on average. MTW shares have increased 77.7% in a year.You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.[Click here to sign up for a free trial to the Research Wizard today](https://woas.zacks.com/zcom/researchwizard/tools3.php?site=ZCOM_RW_IND_ARTICLES) Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.Disclosure: Performance information for Zacks’ portfolios and strategies are available at: [https://www.zacks.com/performance](https://www.zacks.com/performance). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_259_IND_06302023&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297) [Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CASY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Afya Limited (AFYA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AFYA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115297/5-stocks-with-relative-price-strength-tailwinds-at-their-back?cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 126.131
Stock Price 2 days before: 127.366
Stock Price 1 day before: 126.665
Stock Price at release: 126.983
Risk-Free Rate at release: 0.0527
| 122.179 |
Symbol: MTW
Security: The Manitowoc Company, Inc.
Related Stocks/Topics: Stocks|RCL|ALGT|CASY|AFYA
Title: 5 Stocks With Relative Price Strength Tailwinds at Their Back
Type: News
Publication: Zacks
Publication Author: Nilanjan Choudhury
Date: 2023-07-02 02:33:00
Article: While the Fed paused the rate hike after 10 consecutive increases, Chairman Jerome Powell’s hawkish statements have somewhat dented investors’ confidence in risky assets like equities.In his testimony before the U.S. Congress, Powell reaffirmed his stand that more rate hikes are likely by this year-end. Moreover, the central banks of the UK, Switzerland, Norway and Turkey recently raised their respective benchmark lending rates. Consequently, market participants remained concerned about a near-term recession in the United States as well as globally, with higher interest rates hindering economic activities. To play this situation, investors who want to stay exposed to the equity setup should focus on good investment opportunities. One of the ways such potential plays could be identified is to look for signs of relative price strength. **Relative Price Strength Strategy** Earnings growth and valuation multiples are indeed important for investors to determine a stock's ability to offer considerable returns. But these are also essential for determining whether a stock’s price performance is better than its peers or the industry average. If a stock’s performance is lacking that of the broader groups, despite impressive earnings growth or valuation multiples, then something must be wrong.It’s always advisable to stay away from these stocks and bet on those that are outperforming their respective industry or benchmark. This is because betting on a winner always proves to be lucrative. Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months at least and having solid fundamentals indicate room for growth and are the best ways to go about this strategy.Finally, it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter’s (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains. **Screening Parameters****Relative % Price change – 12 weeks greater than 0Relative % Price change – 4 weeks greater than 0Relative % Price change – 1 week greater than 0**(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)**% Change (Q1) Est. over 4 Weeks greater than 0:** Positive current-quarter estimate revisions over the last four weeks. **Zacks Rank equal to 1:** Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas)**. **Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000:** A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity. ** [VGM Score](https://www.zacks.com/style-scores-education/) less than or equal to B:** Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential.Here are five of the 20 stocks that made it through the screen:**Royal Caribbean Group** [RCL](https://www.nasdaq.com/market-activity/stocks/rcl): It is a cruise company whose brands primarily serve the contemporary, premium and deluxe segments. The 2023 Zacks Consensus Estimate for Miami, FL-based RCL indicates 162.9% year-over-year earnings per share growth. Royal Caribbean Group has a VGM Score of B.Over the past 60 days, RCL saw the Zacks Consensus Estimate for 2023 move up 44.8%. It beat the Zacks Consensus Estimate for earnings in each of the last four quarters. Royal Caribbean Group shares have moved up 190.9% in a year. **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt): It operates a low-cost passenger airline and focuses on linking leisure travelers in small and medium-sized cities to world-class leisure destinations. Over the past 60 days, this Las Vegas, NV-based firm saw the Zacks Consensus Estimate for 2023 move up 38.3%. ALGT has a VGM Score of A.Allegiant Travel Company beat the Zacks Consensus Estimate for earnings in two of the last four quarters, missed in one and met in the other. It has a trailing four-quarter earnings surprise of roughly 79.8%, on average. ALGT shares have gained 10.5% in a year. **Afya Limited** [AFYA](https://www.nasdaq.com/market-activity/stocks/afya): Based in Brazil, the company is a leading medical education group. Afya’s expected EPS growth rate for three to five years is currently 22.1%, which compares favorably with the industry's growth rate of 16.8%. The company has a VGM Score of A.Notably, the 2023 Zacks Consensus Estimate for Afya indicates 28.8% year-over-year earnings per share growth. The company has a market capitalization of $1.3 billion. Afya shares have gone up 39.8% in a year. **Casey’s General Stores** [CASY](https://www.nasdaq.com/market-activity/stocks/casy): The company operates convenience stores under the Casey's and Casey's General Store names in 16 states. Over the past 60 days, this Ankeny, IA-based firm saw the Zacks Consensus Estimate for fiscal 2024 move up 5.4%. CASY has a VGM Score of A.Casey’s General Stores beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two. It has a trailing four-quarter earnings surprise of roughly 7.5%, on average. CASY shares have gained 29.5% in a year. **The Manitowoc Company** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw): Based in Milwaukee, WI, The Manitowoc Company is a leading provider of engineered lifting solutions, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Over the past 60 days, this firm saw the Zacks Consensus Estimate for 2023 move up 31.8%. MTW has a VGM Score of A.The 2023 Zacks Consensus Estimate for The Manitowoc Company indicates 5.7% year-over-year earnings per share growth. It has a trailing four-quarter earnings surprise of roughly 256.3%, on average. MTW shares have increased 77.7% in a year.You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.[Click here to sign up for a free trial to the Research Wizard today](https://woas.zacks.com/zcom/researchwizard/tools3.php?site=ZCOM_RW_IND_ARTICLES) Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.Disclosure: Performance information for Zacks’ portfolios and strategies are available at: [https://www.zacks.com/performance](https://www.zacks.com/performance). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_259_IND_06302023&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297) [Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CASY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Afya Limited (AFYA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AFYA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_259&cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115297/5-stocks-with-relative-price-strength-tailwinds-at-their-back?cid=CS-NASDAQ-FT-analyst_blog|rw-2115297)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.229
Stock Price 2 days before: 18.8841
Stock Price 1 day before: 18.8622
Stock Price at release: 19.0478
Risk-Free Rate at release: 0.0527
| 17.7562 |
Symbol: OSW
Security: OneSpaWorld Holdings Limited
Related Stocks/Topics: Stocks|RCL|CHH|TCOM
Title: Choice Hotels (CHH) Expands in Colorado With New Hotel Opening
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:33:00
Article: **Choice Hotels International, Inc. **’s [CHH](https://www.nasdaq.com/market-activity/stocks/chh) Cambria brand recently announced the addition of the Cambria Hotel Copper Mountain in Colorado. This marks the brand’s third property in the region, joining the likes of Fort Collins and Denver International Airport.Located in the heart of the Rocky Mountains, the six-story (127-room) upscale hotel provides guests access to fitness centers, on-site dining and multi-function indoor-outdoor meeting spaces. It also offers convenient access to a wide range of winter and summer outdoor activities, including MTB trails and Vail Pass. The property is in proximity to leisure attractions such as the Leadville, Vail and Lake Dillon.The company stated the integration of the property with the Choice Privileges loyalty program, which allows customers to earn and redeem points for reward nights. This includes properties from its existing coverage of 7,400 hotels (or 22 brands) located in 45 countries and territories worldwide. The company is upbeat about the property opening and believes it to drive growth in the upcoming periods. **More Focus on Cambria Brand** The Cambria Hotels brand has been the company’s major growth driver. Cambria significantly outperformed the upscale soft brands (and the segment on the whole) in terms of year-over-year RevPAR change. The brand has been well received on account of smart-conversion opportunities.The company stated operations at more than 68 Cambria hotels with operations in Chicago, Los Angeles, Washington, DC, Nashville and Phoenix. During first-quarter 2023, the company’s domestic hotel openings increased 14% year over year.Backed by solid consumer confidence and the attractiveness of Choice Hotels value proposition, the company anticipates boosting the revenue intensity of its system by adding more properties. The company stated that it has additional almost 70 hotels in the pipeline.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/6c/46030.jpg?v=394179291) Image Source: Zacks Investment ResearchIn the past three months, shares of Choice Hotels have inched up 0.6% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/hotels-and-motels-81)’s 1.2% growth. **Zacks Rank & Stocks to Consider** Choice Hotels currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the Zacks [Consumer Discretionary](https://www.zacks.com/stocks/industry-rank/sector/consumer-discretionary-2) sector are as follows:**Royal Caribbean Cruises Ltd.** [RCL](https://www.nasdaq.com/market-activity/stocks/rcl) sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 26.4%, on average. Shares of RCL have surged 187.8% in the past year. You can see [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank) The Zacks Consensus Estimate for Royal Caribbean Cruises’ 2023 sales and EPS indicates a rise of 48.7% and 162.9%, respectively, from the year-ago period’s levels. **Trip.com Group Limited** [TCOM](https://www.nasdaq.com/market-activity/stocks/tcom) flaunts a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 147.9%, on average. Shares of TCOM have increased 24.8% in the past year.The Zacks Consensus Estimate for Trip.com Group’s 2023 sales and EPS implies an increase of 101.6% and 531%, respectively, from the year-ago period’s levels. **OneSpaWorld Holdings Limited** [OSW](https://www.nasdaq.com/market-activity/stocks/osw) carries a Zacks Rank #2 (Buy). OSW has a trailing four-quarter earnings surprise of 65.8%, on average. Shares of OSW have increased 64.8% in the past year. The Zacks Consensus Estimate for OSW’s 2023 sales and EPS indicates a rise of 33.9% and 89.3%, respectively, from the year-ago period’s levels. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_257_06302023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310)[Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RCL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310)[Choice Hotels International, Inc. (CHH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CHH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310) [OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OSW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310)[Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=TCOM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115310/choice-hotels-chh-expands-in-colorado-with-new-hotel-opening?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2115310)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.2342
Stock Price 2 days before: 11.8107
Stock Price 1 day before: 12.1092
Stock Price at release: 11.8444
Risk-Free Rate at release: 0.0527
| 12.7673 |
Symbol: CHGG
Security: Chegg, Inc.
Related Stocks/Topics: Stocks
Title: Implied Volatility Surging for Chegg (CHGG) Stock Options
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:33:00
Article: Investors in **Chegg, Inc.** [CHGG](https://www.nasdaq.com/market-activity/stocks/chgg) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 21, 2023 $2.50 Call had some of the highest implied volatility of all equity options today. **What is Implied Volatility?**Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. **What do the Analysts Think?**Clearly, options traders are pricing in a big move for Chegg shares, but what is the fundamental picture for the company? Currently, Chegg is a Zacks Rank #4 (Sell) in the Internet - Software industry that ranks in the Top 35% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while eight analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 34 cents per share to 28 cents in that period.Given the way analysts feel about Chegg right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. **Looking to Trade Options?**Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. ** [Click to see the trades now >>](https://www.zacks.com/registration/optionstrader/welcome/?adid=ZCOM_TOT)****Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_276_06302023&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115307)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115307)[Chegg, Inc. (CHGG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHGG&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_276&cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115307)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115307/implied-volatility-surging-for-chegg-chgg-stock-options?cid=CS-NASDAQ-FT-tale_of_the_tape|options-2115307)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 8.7555
Stock Price 2 days before: 8.90142
Stock Price 1 day before: 8.89792
Stock Price at release: 8.89029
Risk-Free Rate at release: 0.0527
| 10.1023 |
Symbol: RYI
Security: Ryerson Holding Corporation
Related Stocks/Topics: Technology|HMC|MTH|EXP|JHX
Title: New Strong Buy Stocks for June 30th
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-02 02:43:00
Article: Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:**Honda Motor Co., Ltd.** [HMC](https://www.nasdaq.com/market-activity/stocks/hmc): This company which is a leading manufacturer of automobiles and the largest producer of motorcycles in the world, has seen the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days. **Honda Motor Co., Ltd. Price and Consensus** [](https://www.zacks.com/stock/chart/HMC/price-consensus-chart?icid=chart-HMC-price-consensus-chart)[Honda Motor Co., Ltd. price-consensus-chart](https://www.zacks.com/stock/chart/HMC/price-consensus-chart?icid=chart-HMC-price-consensus-chart) | [Honda Motor Co., Ltd. Quote](https://www.nasdaq.com/market-activity/stocks/hmc)**James Hardie Industries plc** [JHX](https://www.nasdaq.com/market-activity/stocks/jhx): This company which developed fibre cement technology, has seen the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days. **James Hardie Industries PLC. Price and Consensus** [](https://www.zacks.com/stock/chart/JHX/price-consensus-chart?icid=chart-JHX-price-consensus-chart)[James Hardie Industries PLC. price-consensus-chart](https://www.zacks.com/stock/chart/JHX/price-consensus-chart?icid=chart-JHX-price-consensus-chart) | [James Hardie Industries PLC. Quote](https://www.nasdaq.com/market-activity/stocks/jhx) **Eagle Materials Inc.** [EXP](https://www.nasdaq.com/market-activity/stocks/exp): This company which manufactures and distributes Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants from more than 75 facilities across the US, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days. **Eagle Materials Inc Price and Consensus** [](https://www.zacks.com/stock/chart/EXP/price-consensus-chart?icid=chart-EXP-price-consensus-chart)[Eagle Materials Inc price-consensus-chart](https://www.zacks.com/stock/chart/EXP/price-consensus-chart?icid=chart-EXP-price-consensus-chart) | [Eagle Materials Inc Quote](https://www.nasdaq.com/market-activity/stocks/exp)**Ryerson Holding Corporation** [RYI](https://www.nasdaq.com/market-activity/stocks/ryi): This services company that processes and distributes metals,has seen the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days. **Ryerson Holding Corporation Price and Consensus** [](https://www.zacks.com/stock/chart/RYI/price-consensus-chart?icid=chart-RYI-price-consensus-chart) [Ryerson Holding Corporation price-consensus-chart](https://www.zacks.com/stock/chart/RYI/price-consensus-chart?icid=chart-RYI-price-consensus-chart) | [Ryerson Holding Corporation Quote](https://www.nasdaq.com/market-activity/stocks/ryi)**Meritage Homes Corporation** [MTH](https://www.nasdaq.com/market-activity/stocks/mth): This homebuilding company, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days. **Meritage Homes Corporation Price and Consensus** [](https://www.zacks.com/stock/chart/MTH/price-consensus-chart?icid=chart-MTH-price-consensus-chart)[Meritage Homes Corporation price-consensus-chart](https://www.zacks.com/stock/chart/MTH/price-consensus-chart?icid=chart-MTH-price-consensus-chart) | [Meritage Homes Corporation Quote](https://www.nasdaq.com/market-activity/stocks/mth) You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ZACKS1RANKADDITIONS_06302023&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HMC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123) [Meritage Homes Corporation (MTH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTH&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[Eagle Materials Inc (EXP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EXP&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[James Hardie Industries PLC. (JHX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=JHX&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[Ryerson Holding Corporation (RYI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RYI&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS&cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2114123/new-strong-buy-stocks-for-june-30th?cid=CS-NASDAQ-FT-zacks_1_rank_additions-2114123)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 40.4915
Stock Price 2 days before: 43.6754
Stock Price 1 day before: 43.4752
Stock Price at release: 43.6538
Risk-Free Rate at release: 0.0527
| 38.1883 |
Symbol: SOUN
Security: SoundHound AI, Inc.
Related Stocks/Topics: AMZN|Markets|NVDA|GRAB|GOOGL
Title: 3 Lesser Known AI Stocks You Haven’t Heard of Yet
Type: News
Publication: InvestorPlace
Publication Author: Noah Bolton
Date: 2023-07-02 03:41:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) The popularity and overall interest in generative AI have investors clamoring for the next big AI company. Many companies that lead the stock market have jumped into the AI buzz, such as **Microsoft** (NASDAQ: [MSFT](http://www.nasdaq.com/symbol/msft)), with their Azure AI technology being used across their many different platforms. **Alphabet** (NASDAQ: [GOOGL](http://www.nasdaq.com/symbol/googl)) is using AI to help streamline its coding abilities. And **Nvidia** (NASDAQ: [NVDA](http://www.nasdaq.com/symbol/nvda)) has seen the most favorable results following its entrance into the AI space, with the production of chips that help power generative AI technology. This has led to the rise of [AI stocks](https://investorplace.com/industries/technology/artificial-intelligence/?utm_source=Nasdaq&utm_medium=referral) that are relatively unknown. With the enhanced interest in companies developing AI tools and services now, it is a field that can see massive growth potential in the near future. Exposure to [AI stocks](https://investorplace.com/industries/technology/artificial-intelligence/?utm_source=Nasdaq&utm_medium=referral) is a very good idea for investors looking to capture the upside of this popular area of the market. The three stocks I will mention below are overlooked AI-related companies that could offer a perfect opportunity with increased interest and innovation in generative AI technology. **SoundHound AI (SOUN)** [Financial technology concept with 3d rendering robot analyze stock market big data. AI stocks.](https://investorplace.com/wp-content/uploads/2023/05/ai-stocks1600-3-300x169.png) Source: Phonlamai Photo / Shutterstock.com** SoundHound** (NASDAQ: [SOUN](http://www.nasdaq.com/symbol/soun)) is located in Santa Clara, California. They focus on conversational intelligence, producing AI voice technology for companies with automated conversation needs in English and other languages. They also offer text-to-speech services.Their IPO date was on April 2. In May, [the company reported first quarter earnings with revenue that increased by 56% from the year before. ](https://www.soundhound.com/newsroom/press-releases/strongsoundhound-ai-reports-first-quarter-revenue-increase-of-56-strong/) SoundHound has to raise funding for their business year-to-date through April to approximately $150 million. Their technology was showcased at CES 2023. And the company has announced a few business highlights for the quarter, including launching SoundHound Chat AI, which is a voice assistant model similar to ChatGPT. This makes it one of those AI stocks that are relatively unknown. **Grab Holdings (GRAB)** [Motorcycle helmet with Grab logo on a motorcycle parked at the road side](https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-300x169.png) Source: Nor Sham Soyod / Shutterstock.comSingapore-based **Grab Holdings** (NASDAQ: [GRAB](http://www.nasdaq.com/symbol/grab)) offers a variety of services via its app, including food delivery, transport, and financial services. A recent earnings report revealed that its year-over-year total revenue has more than doubled due to business growth and changes in their delivery model.Grab uses AI to streamline its food delivery and transport sectors. Despite this, its stock price hovers around an all-time low of just over $3 per share. This marks an 80% drop from its late 2021 high of over $16 per share. All in all, it’s one of those AI stocks that are relatively unknownDespite past profitability issues, recent earnings show promise with [net losses](https://investors.grab.com/news-releases/news-release-details/grab-reports-first-quarter-2023-results) halved compared to Q1 2022, suggesting the company is moving in a positive direction. **Bandwidth (BAND)** [Illustration of robot hand reaching for the letters ](https://investorplace.com/wp-content/uploads/2023/05/artificial-intelligence-ai-stocks-robot-hand-1600-300x169.jpg) Source: shutterstock.com/Allies Interactive **Bandwidth** (NASDAQ: [BAND](http://www.nasdaq.com/symbol/band)) is located in Raleigh, North Carolina, and they are a cloud communication company that uses programming interfaces for a wide range of services such as voice calling, telecom routing, SMS gateway capabilities, and caller ID management.The company’s IPO date was back at the end of 2017. Their stock is trading much lower at this time, hovering at $13 per share; in January 2021, the company was trading at over $175 per share. The company has previously announced weak guidance regarding growth and profit. But, recently has announced strategic partnerships with Amazon ([AMZN](http://www.nasdaq.com/symbol/amzn))) web services (AWS) to use Amazon Chime Software Development KIT (SDK), and Miratech, an IT service provider, that will give Bandwidth the ability to improve their digital customer experience.On their first quarter earnings, total revenue grew slightly by 5% compared to the year prior. Net income from the company went from a [deficit of $7 million](https://investors.bandwidth.com/news-releases/news-release-details/bandwidth-announces-first-quarter-2023-financial-results) in Q1 2022 to a gain of $4 million in Q1 2023.The company could offer a unique opportunity for investors looking for cheap stocks heavily invested in AI that have the potential for future growth due to an increase in partnerships the company has been announcing. And the growth in their revenue and net income leads to the prospect of a great growth company.On the date of publication, Noah Bolton 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 InvestorPlace.com [Publishing Guidelines](https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&utm_medium=referral). Noah has about a year of freelance writing experience. He’s worked with Investopedia dealing with topics such as the stock market and financial news. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739312&utm_source=Nasdaq&utm_medium=referral) - [Did Elon Musk Just Trigger a New Netscape Moment?](https://investorplace.com/2023/05/did-elon-musk-just-trigger-a-new-netscape-moment/?cid=MKT738510&eid=MKT741575&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739344&utm_source=Nasdaq&utm_medium=referral) - [The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors](https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&eid=MKT738955&utm_source=Nasdaq&utm_medium=referral) The post [3 Lesser Known AI Stocks You Haven’t Heard of Yet](https://investorplace.com/2023/06/3-lesser-known-ai-stocks-you-havent-heard-of-yet/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 4.22902
Stock Price 2 days before: 4.53537
Stock Price 1 day before: 4.3092
Stock Price at release: 4.50252
Risk-Free Rate at release: 0.0527
| 2.34368 |
Symbol: OPRA
Security: Opera Limited
Related Stocks/Topics: Markets
Title: This AI Stock Has Gained More Than Nvidia in 2023, Yet It's Still Much, Much Cheaper
Type: News
Publication: The Motley Fool
Publication Author: Anthony Di Pizio
Date: 2023-07-02 05:06:00
Article: Artificial intelligence (AI) is the hottest industry of 2023, and semiconductor giant **Nvidia** has been helping to lead the way thanks to its powerful data center chips that make it possible. As a result, investors have sent Nvidia stock surging 187% in 2023, catapulting its valuation into the $1 trillion club.That's impressive, but one small-cap AI stock is actually performing even better. Shares of Oslo, Norway-based **Opera** [(NASDAQ: OPRA)](https://www.nasdaq.com/market-activity/stocks/opra) have soared 203% this year and currently trade at an all-time high. Opera has developed a popular web browser with powerful built-in AI tools, and not only is the company growing nicely, but it's also profitable to the point that it's returning money to shareholders. Despite the stock's strong gains in in 2023, Opera is still just $1.6 billion in size and attractively valued. In other words, it's not too late for investors to buy in. Here's why. **Creating web browsing experiences of the future** Opera has developed a web browser that offers more functions and better usability versus competing products like **Microsoft** Edge and **Alphabet**'s Google Chrome.Its browser comes with a built-in ad blocker, VPN, messaging service, and even a crypto wallet, whereas other platforms typically require the user to install plug-ins if they want those features. But, most importantly, Opera also comes with AI browsing by default.The company has built its own generative [AI](https://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65) chatbot called Aria, which is capable of answering questions, writing computer code, and creating social media posts, for example. But Opera also has a deal with OpenAI, which means [ChatGPT](https://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/chatgpt/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65) is a default feature as well -- so users get the benefit of a tag-team effort from a powerful AI duo.Opera has also built a special version of its browser specifically for gamers called Opera GX. It comes with CPU and memory limiters so more of the user's processing power is available to play games, and it also has popular chat and streaming platforms like Discord and Twitch in the sidebar. In 2023's first quarter, Opera GX had 21.7 million monthly active users, compared to 319 million for the browser overall. The overall user count has been declining recently as the company shifts its marketing strategy away from outright growth to accommodate a greater focus on monetization.Opera generates most of its revenue from search and advertising, and it's targeting fewer users in jurisdictions that monetize at lower rates -- even though those users are cheaper to acquire. **Opera is growing steadily, and profitably** The company generated $128 million in revenue during 2017, and it expects that figure to more than triple by the end of 2023, with management guiding for as much as $390 million. It has been profitable every year since 2017, with the exception of 2021, when it incurred an impairment charge relating to one of its investments.In fact, efficiency has been a core focus for Opera over the last few years. As I mentioned, the company has shifted its attention to the geographies where users monetize at the highest rates, leading to a whopping 174% increase in its average revenue per user (ARPU) since 2019. [A chart of Opera's users and average revenue per user growth since 2019. ](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F738010%2Foperausersarpuq22023.PNG&w=700) Data source: Opera Limited. Opera's profitability has enabled it to return money to shareholders through share repurchases and dividends. In a recent presentation to investors, the company said that it has spent $198 million on buybacks since 2020, which is equivalent to 28% of its outstanding shares. In theory, assuming everything else remained constant, that move will have organically lifted the stock price.The company also highlighted its first-ever special dividend to shareholders, worth $71 million, which was paid out in February this year. Special dividends are usually one-off occurrences, so investors shouldn't bank on regular payments, but Opera does have $30 million remaining in its current [share buyback program](https://www.fool.com/investing/how-to-invest/stocks/buybacks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65). **Opera stock trades at an attractive price** As far as AI stocks go, Opera's valuation appears incredibly reasonable compared to its peers in this emerging industry. Based on the company's $346 million in trailing-12-month revenue and its $1.6 billion valuation, shares trade at a [price-to-sales (P/S) ratio](https://www.fool.com/investing/how-to-invest/stocks/price-to-sales-ratio-value-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65) of just 4.6.AI software company **C3.ai** is trading at a P/S of 13.1, and Nvidia trades at a whopping multiple of 39.3.Of course, Nvidia sits at the heart of the AI industry, so it certainly deserves to trade at a premium compared to a company like Opera, which is using AI in a very specific way. But Opera does have a significant growth opportunity as the internet search industry shifts. Microsoft's Bing is leading the charge when it comes to chatbot-powered search, with Google's Bard platform lagging behind. It's probably fair to say Opera is further along than Google because it's using the battle-tested ChatGPT tool just like Bing, and that's a notable achievement.On the gaming side, Opera thinks its addressable market for GX could be as large as 500 million users. That means its penetration is less than 5% right now, which leaves a long runway for growth.Opera might not [become the next Nvidia](https://www.fool.com/investing/2023/05/28/1-stock-apple-microsoft-amazon-alphabet-1-trillion/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65) when it comes to AI, but it's growing faster than the chip giant this year, and its modest valuation suggests there could be plenty more upside to come. **10 stocks we like better than Opera** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7dbd834e-68bc-4bd9-9c7f-7ef6d6a4320b&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DOpera&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65) for investors to buy right now... and Opera wasn't one of them! That's right -- they think these 10 stocks are even better buys. [See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7dbd834e-68bc-4bd9-9c7f-7ef6d6a4320b&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DOpera&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=6193c78f-7018-495b-8534-a43ad2623d65)*Stock Advisor returns as of June 26, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. [Anthony Di Pizio](https://www.fool.com/author/20380/) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Microsoft, and Nvidia. The Motley Fool recommends C3.ai. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 17.8805
Stock Price 2 days before: 19.69
Stock Price 1 day before: 20.0785
Stock Price at release: 20.4136
Risk-Free Rate at release: 0.0527
| 18.2818 |
Symbol: CSIQ
Security: Canadian Solar Inc.
Related Stocks/Topics: Markets|BEP|AY|BEPC
Title: Bargain Hunting in Energy Stocks: 2 Renewable Stocks on Sale Right Now
Type: News
Publication: The Motley Fool
Publication Author: Jason Hall
Date: 2023-07-02 05:13:00
Article: Energy stocks have had a couple of strong years. Renewable energy stocks have skyrocketed, too, with **Brookfield Renewable** [(NYSE: BEP)](https://www.nasdaq.com/market-activity/stocks/bep)[(NYSE: BEPC)](https://www.nasdaq.com/market-activity/stocks/bepc) standing out as a big winner. It's also very expensive. Good news: There are a few bargains. In this video, Motley Fool contributors Jason Hall and Tyler Crowe make the case for **Canadian Solar** [(NASDAQ: CSIQ)](https://www.nasdaq.com/market-activity/stocks/csiq) and **Atlantica Sustainable Infrastructure** [(NASDAQ: AY)](https://www.nasdaq.com/market-activity/stocks/ay).*Stock prices used were from the afternoon of June 26, 2023. The video was published on July 3, 2023. **10 stocks we like better than Canadian Solar** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=143bd552-0f11-442f-8366-2aaeb3c0fd18&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DCanadian%2520Solar&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=13d515aa-ecb6-4e65-8a19-75263a5fcd9b) for investors to buy right now... and Canadian Solar wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=143bd552-0f11-442f-8366-2aaeb3c0fd18&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DCanadian%2520Solar&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=13d515aa-ecb6-4e65-8a19-75263a5fcd9b)*Stock Advisor returns as of June 26, 2023 [Jason Hall](https://www.fool.com/author/2130/) has positions in Atlantica Sustainable Infrastructure Plc, Brookfield Renewable, and Brookfield Renewable Partners. [Tyler Crowe](https://www.fool.com/author/2067/) has positions in Brookfield Renewable. The Motley Fool has positions in and recommends Brookfield Renewable. The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/). Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through [their link](https://fool.com/thesmattering) they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Stock Price 4 days before: 36.5313
Stock Price 2 days before: 37.0079
Stock Price 1 day before: 38.5256
Stock Price at release: 38.7599
Risk-Free Rate at release: 0.0527
| 36.1538 |
Symbol: LC
Security: LendingClub Corporation
Related Stocks/Topics: SOFI|Markets|UPST
Title: Urgent! 3 Fintech Stocks to Buy Before the Student Loan Payments Pause Ends
Type: News
Publication: InvestorPlace
Publication Author: Chris Markoch
Date: 2023-07-02 05:38:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Normally investors are advised to “buy the rumor, sell the news.” However, there are times when buying the news can be a smart play. A good example is emerging as it relates to high-potential stocks in the financial technology (fintech sector). As part of the Fiscal Responsibility Act that put an end to the debt ceiling debate through at least 2024, the student loan moratorium which began in 2020 will come to an end beginning in October. This could have wide-ranging effects on the broader economy. However, it’s also likely to create opportunities for nimble investors.Many of these fintech companies burst onto the scene as a solution for students in need of loans. However, many of these companies have been treading water for several years as a major source of revenue is largely being withheld.But with many customers now on the hook to restart student loan payments, the stage is set for these companies to deliver strong performance in the last quarter of the year. This gives opportunistic investors a chance to buy these [fintech stocks](https://investorplace.com/industries/financial/fintech/?utm_source=Nasdaq&utm_medium=referral). **SoFi Technologies (SOFI)** [Mobile phone with website of US financial company Social Finance Inc (SoFi) on screen in front of logo Focus on top-left of phone display](https://investorplace.com/wp-content/uploads/2023/03/sofi1600-300x169.png) Source: Wirestock Creators / Shutterstock.comAt first glance, **SoFi Technologies** (NASDAQ:** [SOFI](http://www.nasdaq.com/symbol/sofi)**) may look overvalued. SOFI stock has climbed over 45% in the last year. But looks can be deceiving. Until the middle of May 2023, SOFI stock was down approximately 20%. The resumption of student loan payments is the obvious catalyst. Prior to the moratorium, the company generated approximately half of its revenue from student loans. The reaction from analysts, however, has been [largely negative](https://investorplace.com/2023/06/the-sofi-stock-price-that-will-make-it-a-long-term-screaming-buy/?utm_source=Nasdaq&utm_medium=referral). In June alone at least three analysts have downgraded the stock. An additional analyst from Compass Point initiated coverage with a rare Sell rating on SOFI stock.At issue is the company’s business model. Many analysts claim that now that it has its bank charter, SoFi is a bank. If that’s the case, then the sentiment is that SOFI stock is overvalued. The other side of that argument says that SoFi provides a single, cloud-native digital source for financial services. And it’s targeting a generation of consumers who are not only comfortable with, but expect, digital solutions for nearly everything in their life. **LendingClub (LC)** [Illustration of phone with dollar sign and other graphics symbolizing fintech displayed on and around it, with a blue background. Overvalued tech stocks](https://investorplace.com/wp-content/uploads/2022/10/smartphone-mobile-financial-fintech-1600-300x169.jpg) Source: shutterstock.com/ZinetroNNext on this list of high-potential stocks that will benefit from student loan repayments is **LendingClub**(NYSE:** [LC](http://www.nasdaq.com/symbol/lc)**). The company isn’t a provider of student loans per se, but the company allows qualified buyers to get an unsecured personal loan of up to $40,000 for virtually any reason.Despite a rising interest rate environment, many students may be able to refinance their student loans. And this may be critical as many of these individuals may be sitting on a hefty amount of credit card debt they’ve been building up over the past two years. If that plays out, it could reverse a trend that is showing both revenue and earnings growth declining on a year-over-year (YOY) basis. That’s what analysts seem to be counting on. They are forecasting earnings growth of over 166% for the year. And consensus targets show a 40% upside for LC stock from its level as of this writing. **Upstart (UPST)** [Person holding smartphone with logo of U.S. fintech company Upstart Network Inc. (UPST) on screen in front of website. Focus on phone display. Unmodified photo.](https://investorplace.com/wp-content/uploads/2023/05/upst1600-300x169.png) Source: T. Schneider / Shutterstock.comOf the three high-potential stocks on this list **Upstart** (NASDAQ:** [UPST](http://www.nasdaq.com/symbol/upst)**) may carry the most risk. That’s because it’s the only company on this list that doesn’t offer banking services. The entirety of its revenue comes from lending.However, one attribute that Upstart shares with all the companies on this list is the use of AI. In fact, Upstart is known for using a [highly refined AI program](https://www.upstart.com/lenders/) to help fine-tune its lending standards and help reduce loan defaults.Like LendingClub, Upstart may benefit as borrowers look for options to refinance their student loans. The company and its stock had a rough time in 2022. And the first quarter of 2023 wasn’t much better, although it did [beat revenue and earnings expectations](https://investorplace.com/2023/06/the-3-most-promising-fintech-stocks-to-buy-for-june-2023/?utm_source=Nasdaq&utm_medium=referral) for the second consecutive quarter. With that in mind, analysts believe that the bottom may be in. That being said, at the time of this article, UPST stock is trading for $33.28 per share. That looks like a rich valuation. But investors should look for a pullback as an opportunity to buy the stock.On the date of publication, Chris Markoch 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 InvestorPlace.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 InvestorPlace since 2019. **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739312&utm_source=Nasdaq&utm_medium=referral) - [Did Elon Musk Just Trigger a New Netscape Moment?](https://investorplace.com/2023/05/did-elon-musk-just-trigger-a-new-netscape-moment/?cid=MKT738510&eid=MKT741575&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739344&utm_source=Nasdaq&utm_medium=referral) - [The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors](https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&eid=MKT738955&utm_source=Nasdaq&utm_medium=referral) The post [Urgent! 3 Fintech Stocks to Buy Before the Student Loan Payments Pause Ends](https://investorplace.com/2023/06/2-high-potential-stocks-to-buy-as-student-loan-pause-ends/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 9.67113
Stock Price 2 days before: 10.0343
Stock Price 1 day before: 9.7837
Stock Price at release: 9.76969
Risk-Free Rate at release: 0.0527
| 8.34986 |
Symbol: AMC
Security: AMC Entertainment Holdings, Inc.
Related Stocks/Topics: APE|Stocks
Title: Cost to Borrow AMC Stock Soars With APE Hearing Ongoing
Type: News
Publication: InvestorPlace
Publication Author: Bret Kenwell
Date: 2023-07-02 05:49:00
Article: [InvestorPlace - Stock Market News, Stock Advice & Trading Tips](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral) Shares of **AMC Entertainment** (NYSE: [AMC](http://www.nasdaq.com/symbol/amc)) are down slightly on Thursday, off about 1%. However, AMC stock has had a mixed run as of late. While the stock is down today, it’s riding a three-day win streak. Further, AMC stock rallied 7.5% on Wednesday and at the session high, was up more than 13% from this week’s low.That said, shares have fallen in six of the last seven weeks, with AMC falling about 30% in that span.Now investors are locked in on the hearing regarding the **AMC Entertainment Preferred Equity Units** (NYSE: [APE](http://www.nasdaq.com/symbol/ape)). More commonly known as APE stock, it has been a controversial situation for AMC and dilution is at the heart of it.Put simply, AMC Entertainment is looking to convert the APE shares into common stock and execute a reverse stock split.[More specifically](https://investor.amctheatres.com/newsroom/news-details/2022/AMC-Entertainment-Holdings-Inc.-Announces-110-Million-Equity-Capital-Raise-a-100-Million-Debt-for-Equity-Exchange-and-a-Proposed-Vote-to-Convert-AMC-Preferred-Equity-APE-Units-Into-AMC-Common-Shares-and-Implement-a-Reverse-Stock-Split/default.aspx), in December the company proposed a 1-for-10 reverse stock split, a $110 million equity capital raise, a $100 million debt for equity exchange, and the APE conversion. A reverse stock split is not typically a positive long-term catalyst, but it at least doesn’t dilute current shareholders. However, issuing new shares will. So will converting APE stock.While some investors worry about dilution, others [argue](https://news.bloomberglaw.com/us-law-week/amc-investors-urge-judge-to-approve-fiercely-contested-ape-deal) that without being recapitalized, everyone loses. **AMC Stock Wavers as Two-Day Hearing Proceeds** As previously [reported](https://investorplace.com/2023/06/amc-stock-what-to-know-about-amcs-ape-hearing-tomorrow/?utm_source=Nasdaq&utm_medium=referral) by InvestorPlace’s Eddie Pan, “Special Master Corinne Elise Amato issued a recommendation in favor of the conversion.”Further, Pan reported that Amato had said, “No Objections caused me to doubt that the Court should certify a class for Settlement purposes and that notice was adequately disseminated to AMC stockholders.”This all comes after the plaintiffs came to an agreement with AMC, although the courts had previously denied that agreement. Now, the two-day hearing is taking place on June 29 and June 30 — the end of Q2 and the first half of 2023 — [in order to](https://seekingalpha.com/news/3984133-amcs-high-stakes-ape-court-hearing-takes-off-with-an-alarm) “process shareholder objections to a relatively quick settlement reached weeks ago that would allow progress on AMC’s plan.”That “plan” includes the APE stock conversion, reverse stock split and capital raise.Of course, all of these outcomes will have an immediate impact on APE and AMC stock. [According to](https://www.thestreet.com/memestocks/amc/amc-and-ape-stocks-get-ready-for-intense-volatility-this-week) Eric Wold of B. Riley Securities, “The only value for the APEs has been that they could be converted into AMC stock. If that never happened, there would essentially be no value,”Interestingly, short interest in AMC stock stands at around 26%, while shares available to sell short have hit zero, according to [some data sources](https://fintel.io/ss/us/amc#). Short borrow fee rates have climbed considerably as well. As of June 29, they have more than tripled from June 21.On the date of publication, Bret Kenwell 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 InvestorPlace.com [Publishing Guidelines](https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&utm_medium=referral). Bret Kenwell is the manager and author of [Future Blue Chips](http://www.futurebluechips.com/) and is on Twitter [@BretKenwell](https://twitter.com/BretKenwell). **More From InvestorPlace** - [Buy This $5 Stock BEFORE This Apple Project Goes Live](https://investorplace.com/2022/07/little-known-apple-project/?cid=MKT639809&eid=MKT739310&utm_source=Nasdaq&utm_medium=referral) - [Wall Street Titan: Here’s My #1 Stock for 2023](https://investorplace.com/2023/04/one-of-the-worlds-biggest-tech-breakthroughs-could-be-happening-in-americas-heartland/?cid=MKT714907&eid=MKT739331&utm_source=Nasdaq&utm_medium=referral) - [The $1 Investment You MUST Take Advantage of Right Now](https://investorplace.com/2022/06/this-could-be-the-best-deal-in-the-history-of-independent-investing-research/?cid=MKT638063&eid=MKT739342&utm_source=Nasdaq&utm_medium=referral) - [It doesn’t matter if you have $500 or $5 million. Do this now.](https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&eid=MKT739347&utm_source=Nasdaq&utm_medium=referral) The post [Cost to Borrow AMC Stock Soars With APE Hearing Ongoing](https://investorplace.com/2023/06/cost-to-borrow-amc-stock-soars-with-ape-hearing-ongoing/?utm_source=Nasdaq&utm_medium=referral) appeared first on [InvestorPlace](https://investorplace.com/?utm_source=Nasdaq&utm_medium=referral).
Stock Price 4 days before: 4.07785
Stock Price 2 days before: 4.34374
Stock Price 1 day before: 4.28589
Stock Price at release: 4.34701
Risk-Free Rate at release: 0.0527
| 4.93233 |
Symbol: LTC
Security: LTC Properties, Inc.
Related Stocks/Topics: Markets|BLK|BTC|BCH
Title: Is It Finally Time to Give Up on Litecoin?
Type: News
Publication: The Motley Fool
Publication Author: Dominic Basulto
Date: 2023-07-02 06:51:00
Article: The performance of **Litecoin** [(CRYPTO: LTC)](https://www.nasdaq.com/market-activity/cryptocurrency/ltc) has lagged behind that of **Bitcoin** [(CRYPTO: BTC)](https://www.nasdaq.com/market-activity/cryptocurrency/btc) and **Ethereum** [(CRYPTO: ETH)](https://www.nasdaq.com/market-activity/cryptocurrency/eth) over the first six months of 2023. For the year, Litecoin is up about 50%, compared to 60% for Ethereum and more than 80% for Bitcoin.But after finally breaking through the $100 price level on June 30, Litecoin is once again attracting the attention of investors. Some are even suggesting it could double in price by the end of the year. But just how much room to run is in this [Litecoin](https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/litecoin/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=9b654423-014e-40e5-8e4c-ca828059a4f6) rally? While there are two important catalysts that could lead to a breakout for the crypto in the second half of the year, the potential impact of these catalysts is still very much up in the air. **The BlackRock rally** The first catalyst for Litecoin is the so-called "BlackRock rally." This refers to the dramatic chain of events in June that was touched off as soon as **BlackRock** [(NYSE: BLK)](https://www.nasdaq.com/market-activity/stocks/blk), the world's largest asset manager, announced that it was filing an application for a spot Bitcoin exchange-traded fund (ETF). This seemed to indicate that there was tremendous pent-up demand for Bitcoin from institutional investors. Immediately, Bitcoin rallied, followed by other top cryptocurrencies.The application for a new spot Bitcoin ETF was almost immediately followed by the announcement that a group of Wall Street firms had launched EDX Markets, a brand-new exchange for trading only four cryptos: Bitcoin, Ethereum, Litecoin, and **Bitcoin Cash** [(CRYPTO: BCH)](https://www.nasdaq.com/market-activity/cryptocurrency/bch). Being part of this elite group could be a huge catalyst for Litecoin, especially because this new exchange is only for institutional investors.The thinking here is that Litecoin has received the imprimatur of Wall Street, and that this crypto is now "safe" for institutional investors to buy and hold. This could spark a rally in Litecoin. Analysts point to the example of Bitcoin Cash, which has already rallied more than 110% since being included on the EDX exchange. So now analysts think that Litecoin, too, has the potential to double in value within a relatively short period of time. **The Litecoin halving** The other key catalyst is the Litecoin halving. This refers to an event scheduled for Aug. 2, when the rewards paid to [cryptocurrency miners](https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/bitcoin-mining/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=9b654423-014e-40e5-8e4c-ca828059a4f6) for mining a new block on the Litecoin blockchain will be cut in half. This event occurs only once every four years, and it is usually accompanied by quite a bit of fanfare in the crypto markets. [Cryptocurrency mining rigs.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F738179%2Fcryptocurrency-mining-rigs-in-a-data-center.jpg&w=700) Image source: Getty Images. This is due, in large part, to the positive impact that past halving events have had on the price of Litecoin. Investors have analyzed the impact of past Litecoin halvings in 2015 and 2019, and have determined that there is typically price appreciation heading into the halving, and then an even bigger move after it.The problem here, however, is that past performance is no guarantee of future results. Frankly, we should have already seen a much larger price move for Litecoin if a significant halving effect were going to happen in 2023.Right now, there are only about 30 days left until the halving, and with each passing day the likelihood of a big rally becomes less likely. Any decision to buy Litecoin now seems like market timing rather than a prudent long-term investment. **Should you buy Litecoin?**The outlook for Litecoin heading into July is better than it has been in some time. However, I remain skeptical about its long-term upside potential. The influx of institutional money into Litecoin is a positive development, and should help to boost its price over the long haul.But I'm less optimistic about the impact of the halving. Until recently, the cryptocurrency was having a difficult time breaking through the $100 price point. So I attribute any recent gains to the BlackRock rally and to the general improvement in overall market sentiment about crypto. In other words, nothing fundamental has changed with Litecoin. With that in mind, I think it's time to give up on Litecoin. From my perspective, Bitcoin remains a superior investment, especially when it comes to long-term upside. Right now, it is leading the market higher, and Litecoin is simply along for the ride. If you are looking for one cryptocurrency to buy and hold forever, it's Bitcoin. **10 stocks we like better than Litecoin** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1a897b7c-260b-4a49-90db-a37836e181b6&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DLitecoin&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=9b654423-014e-40e5-8e4c-ca828059a4f6) for investors to buy right now... and Litecoin wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=1a897b7c-260b-4a49-90db-a37836e181b6&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DLitecoin&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=9b654423-014e-40e5-8e4c-ca828059a4f6)*Stock Advisor returns as of June 26, 2023 [Dominic Basulto](https://www.fool.com/author/20546/) has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 33.5383
Stock Price 2 days before: 33.4171
Stock Price 1 day before: 33.0945
Stock Price at release: 33.2182
Risk-Free Rate at release: 0.0527
| 33.4634 |
Symbol: LMND
Security: Lemonade, Inc.
Related Stocks/Topics: Markets
Title: If You Invested $1,000 in Lemonade In 2020, This Is How Much You Would Have Today
Type: News
Publication: The Motley Fool
Publication Author: Neil Patel
Date: 2023-07-02 06:57:00
Article: **Lemonade** [(NYSE: LMND)](https://www.nasdaq.com/market-activity/stocks/lmnd) was a hot IPO (initial public offering) stock when it entered the public market in June 2020. Shares soared 164% over the first six or so months of trading to reach a peak price in January 2021. However, it's been on a terrible downtrend since then.As of this writing, the stock is 76% below its [IPO](https://www.fool.com/investing/stock-market/types-of-stocks/ipo-stocks/what-is-an-ipo/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7) price. This means that a $1,000 investment back then would be worth just $240 now. Slowing growth, thanks to macro headwinds, coupled with shrinking valuations, have hurt investors. Let's take a closer look at this innovative insurance business. **Impressive growth** Lemonade uses [artificial intelligence](https://www.fool.com/terms/a/artificial-intelligence/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7)(AI) to offer various insurance products (renters, homeowners, car, pet, and life) directly to consumers, bypassing the traditional model of relying on physical locations and salesmen. The company touts its ability to use machine learning, data, and technology to upend one of the oldest industries around. Lemonade has a presence in the U.S., U.K., Germany, Netherlands, and France."We use dozens of AI models to do pricing, underwriting, customer service, payments, and many other internal operations," co-founder and co-CEO Shai Wininger said on the [Q1 2023 earnings call](https://www.fool.com/earnings/call-transcripts/2023/05/04/lemonade-lmnd-q1-2023-earnings-call-transcript/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7). While everyone is enamored with OpenAI's ChatGPT, Lemonade's entire founding back in 2015 was based on the use of AI. Talk about being ahead of the curve.Growth has been nothing short of spectacular. As of March 31, Lemonade counted 1.9 million active customers, a metric that keeps rising with each passing quarter. And in-force premiums soared 56% to $653 million.Revenue totaled $257 million in 2022, up 100% year over year. And in the first three months of this year, revenue jumped 115%. These figures are impressive in their own right, and they demonstrate an acceleration of top-line growth compared to the declines posted in early 2021. Because Lemonade leans heavily on its digital capabilities, it's perhaps not surprising that it has attracted a younger customer base. When it comes to consumers under the age of 35 looking for renters' insurance, Lemonade brings on the most customers.That could be a huge benefit over the long term. According to Lemonade's 2022 Investor Day presentation, 60% of customers at incumbent insurance providers have multiple products. For Lemonade, this figure is less than 4%. This presents a big opportunity to cross-sell, driving greater stickiness from policyholders, as well as improved marketing efficiencies over time. **Where are the profits?**When the macro situation was much more favorable, like before the Federal Reserve started rapidly increasing interest rates in 2022, investors were obviously in love with the stock. At its all-time high, shares were selling at a steep [price-to-sales](https://www.fool.com/investing/how-to-invest/stocks/price-to-sales-ratio-value-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7) ratio of more than 105.But with a new economic reality setting in, investors appear to be more focused on businesses that can generate positive profits today, as opposed to some unknown date far into the future. That's probably why Lemonade, for all its disruptive potential, is currently trading 91% below its peak price.Investors might want to take advantage of the seemingly attractive valuation with the belief that there is significant upside should market and economic conditions normalize. But it's worth realizing that Lemonade isn't profitable. The business registered a net loss of $298 million in 2022, higher than the $241 million loss from 2021. And this happened during a time when revenue doubled. And during Q1, net losses totaled $66 million. Management thinks the company can get to profitability by the middle of 2026, but a lot of things need to happen for this outcome to be achieved. Notably, the gross loss ratio, which essentially measures the amount claims paid out as a percentage of premiums earned, needs to get below 70% from its current level of 87%.As you can see, there's a long road ahead for Lemonade to become a sustainable business from a financial perspective, and this means that it could be some time for that $1,000 IPO investment to break even. **10 stocks we like better than Lemonade** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=65a0e858-1d78-49c8-a6de-b67e8bde6663&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DLemonade&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7) for investors to buy right now... and Lemonade wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=65a0e858-1d78-49c8-a6de-b67e8bde6663&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DLemonade&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=b65a9255-9c29-4d11-ba53-f5788e54fea7)*Stock Advisor returns as of June 26, 2023 [Neil Patel](https://www.fool.com/author/20294/) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 16.9494
Stock Price 2 days before: 17.0781
Stock Price 1 day before: 0.816125
Stock Price at release: 16.3507
Risk-Free Rate at release: 0.0527
| 23.2693 |
Symbol: FVRR
Security: Fiverr International Ltd.
Related Stocks/Topics: NPSNY|Markets|TCEHY|KKR|PYPL|PROSY
Title: These 3 Sleeper Tech Stocks Are Poised for a Revival in the Back Half of 2023
Type: News
Publication: The Motley Fool
Publication Author: Anders Bylund
Date: 2023-07-02 07:55:00
Article: Where did half the year go already?Stepping into July 2023, savvy investors are searching for the next big thing. The tech sector is doing fine overall, but some tech stocks have lagged behind the sector and the broader stock market. Though that doesn't necessarily mean you should count them out just yet.We put together a panel of tech experts who dove deep into the market, emerging with three compelling picks that have swooned recently but now seem poised for a revival. These under-the-radar picks, steeped in innovation and adaptive strategies, are setting the stage for a potent comeback. Let's explore why our experts believe these three tech stocks could be set to outperform in the second half of 2023 -- and beyond. **PayPal shakes up its business model**** [Nicholas Rossolillo](https://www.fool.com/author/14525/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) (PayPal Holdings):** Digital wallet and payments giant **PayPal** [(NASDAQ: PYPL)](https://www.nasdaq.com/market-activity/stocks/pypl) has been lumbering along for over a year in the aftermath of the e-commerce growth collapse (following the e-commerce boom early in the pandemic). Competition is high in the digital money space. Going forward, PayPal must prove to the market that it can continue to grow at a moderate pace over the long term, boost its profit margins, and return excess cash to shareholders along the way. No pressure.The company just took (in my opinion) a positive step in that direction when it announced it was selling present and future consumer loans from off its balance sheet. The buyer will be alternative asset investor giant **KKR** [(NYSE: KKR)](https://www.nasdaq.com/market-activity/stocks/kkr).Early in the pandemic, buy-now, pay-later (BNPL) credit options took off. PayPal got in on the party, too, and BNPL continues to grow. However, originating loans (because that's ultimately what this product is) requires PayPal to either sell the loan to a third party or hold the loan on its balance sheet and collect payments and interest from the consumer. As I pointed out a few months ago, PayPal has begun to [look more like a lender](https://www.fool.com/investing/2023/03/15/how-banking-mess-applies-to-fintech-paypal-block/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) as a result of holding some of those loans.But I don't own PayPal stock because it's a bank. I own it because I believe in [the power of digital payments](https://www.fool.com/investing/stock-market/market-sectors/financials/fintech-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) -- an asset-light business model that yields a fee (think of it like a toll) when consumers opt to pay for purchases with an app, in this case, usually PayPal or its Venmo subsidiary.To refocus its efforts, PayPal will sell 40 billion euros' worth of current and future BNPL loans from its European operation to KKR. PayPal will retain all customer-facing relationships, which means PayPal will go back to being more of a loan originator than a lender. Management said this transaction was [already factored into its guidance for 2023](https://www.fool.com/investing/2023/05/12/after-solid-start-2023-paypal-stock-still-buy/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) earnings per share (EPS) and adjusted EPS growth provided in May. However, now that the deal with KKR is official, PayPal will be increasing its 2023 cash return to shareholders from $4 billion to $5 billion via stock buybacks.By some metrics, PayPal looks cheap. It trades for 28 times trailing-12-month EPS but only 15 times [free cash flow](https://www.fool.com/investing/how-to-invest/stocks/free-cash-flow/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872). Selling those loans could narrow the discrepancy between the two valuation metrics. And if PayPal continues to grow its earnings by an average low-teens percentage in the coming years, this stock could eventually rally along with the rest of the tech market. **Freelancing is here to stay, and so is Fiverr**** [Anders Bylund](https://www.fool.com/author/1484/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) (Fiverr International):** I can't help getting excited when I look at **Fiverr International**'s [(NYSE: FVRR)](https://www.nasdaq.com/market-activity/stocks/fvrr) stock chart. This chart peaked in early 2021, plunging dramatically as soon as effective COVID-19 vaccines became widely available. You see, many investors expected the freelance services marketplace to run into a brick wall as people got back to traditional office jobs.That didn't happen. Fiverr's trailing revenues stand at $339 million today, a full 78% above the trailing sales when the stock peaked.But the stock kept sliding lower and lower as bears embraced many reasons to take another step down. Recently, the rise of artificial intelligence tools, like OpenAI's ChatGPT, gave rise to the idea that creative freelancers won't be needed much longer -- just fire up a machine to do the same job but faster and cheaper! So you can pick up Fiverr stock for about $26 per share these days, more than 92% below those dizzying heights of 2021. It trades at the bargain-bin valuation of 14 times forward earnings. Remember, I'm talking about a healthy business with robust top-line growth and solid cash profits.And the AI threat strikes me as a misunderstanding. Even the best AI systems can't conjure high-quality creative content out of thin air. If anything, Fiverr should see rising interest in freelancers who know how to guide a text-writing, image-painting, or music-composing AI system into producing something worthwhile.The reasons behind this dramatic price drop don't seem to make sense in the long run. Fiverr is poised for a robust rebound over the next couple of years as the global economy normalizes and even the skeptics start to see that this freelancer service platform has staying power and a robust business plan." [Buy when there's blood in the streets](https://www.fool.com/investing/how-to-invest/stocks/buy-the-dip/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872)," they say. Well, Fiverr's stock is essentially floating in the red stuff, with a nourishing drink in one hand and big dreams in its proverbial head. In other words, Fiverr looks like a great buy right now. **Naspers and Prosus give new reasons for its discount to assets to close** [Billy Duberstein](https://www.fool.com/author/16731/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) **(Naspers/Prosus):** South African conglomerate **Naspers** [(OTC: NPSNY)](https://www.nasdaq.com/market-activity/stocks/npsny) and its European subsidiary **Prosus** [(OTC: PROSY)](https://www.nasdaq.com/market-activity/stocks/prosy) are collectively known as the biggest shareholder of **Tencent** [(OTC: TCEHY)](https://www.nasdaq.com/market-activity/stocks/tcehy), the large gaming, social media, fintech, and software giant that dominates the Chinese internet. The argument for owning Naspers or Prosus, which each have a 43%-57% split claim on the same set of assets, was that it would be akin to owning Tencent but at a massive discount. Prosus trades at a discount to the value of its Tencent holdings alone, which make up 82% of its net asset base, and a 37% discount to the value of all its listed and unlisted assets. Meanwhile, Naspers trades at an even larger 46% discount to the net value of its assets.That discount has remained for years, much to the frustrations of Naspers' and Prosus' shareholders. However, Prosus' recent [earnings call](https://www.nasdaq.com/market-activity/earnings) gave not one but several reasons that discount could close in the near or intermediate future.First, Naspers and Prosus had, since 2019, a complicated cross-holding structure in which each held positions in the other entity. The reasons are complicated but involved rules in South Africa for exchange-listed companies' ownership thresholds, which were a potential roadblock to the company's ongoing [share repurchases](https://www.fool.com/investing/how-to-invest/stocks/share-repurchase/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872). However, on the call, management noted it had received permission from South Africa to simplify the business structure and eliminate the cross-holding.That means the company may continue repurchasing Naspers and Prosus shares unrestricted, with each company retaining the same ownership of assets. The elimination of the cross-holding, which should happen later this summer or fall, should remove a layer of complexity for investors and, therefore, narrow the discount.Speaking of buybacks, the share buyback program announced last year appears to be a success. Last year, Prosus announced it would sell a little bit of its massive Tencent stake every trading day and then repurchase the same amount of Prosus and Naspers shares. Given the massive discount, this actually adds to the per-share value of Prosus' Tencent stake, even as it sells down shares. Over the past year, Prosus has sold down about $12 billion of Tencent and repurchased as much in Naspers and Prosus shares at a discount, reducing the free float by over 20% and increasing Prosus' net asset value per share by 6%. The buyback has also somewhat reduced the valuation discount, which used to be even bigger but is still large. As long as the discount remains, Prosus and Naspers will keep scooping up their own shares at a discount.But the biggest way the discount could eventually close is if Prosus received any credit whatsoever for its non-Tencent assets, which make up about 18% of the company's net asset base and are growing fast. These other assets include core businesses in food delivery, fintech, ed-tech, and classifieds. Prosus also has smaller e-commerce companies and venture technology investments.While e-commerce struggled in the post-pandemic year, the other four core businesses, though still unprofitable, displayed a high 36% collective growth over the past year. Still, Prosus has determined these businesses will inflect to profitability in the first half of fiscal 2025, which is the second half of calendar year 2024. It does appear that losses bottomed out late last year and are now inflecting upwards: [Graphic showing upward inflecting profit at Prosus. ](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F738011%2Fnaspers-2h-2023-profit-inflection.jpg&w=700) Image source: Naspers. The increasing profits should be aided by the sale of the OLX Auto business, which contributes to a lot of the company's current losses and management has announced it intends to sell. Once this business has been sold and the remaining attractive businesses begin to generate profits, that cash can be deployed into more investments or even share buybacks instead of consuming cash as they have in the past. Given the enormous discount to assets at which shares still trade, the prospect of greater sources of cash flow and repurchases besides selling Tencent could be the catalyst that closes the discount further. So the elimination of the cross-holding, the ongoing buybacks, and the non-Tencent businesses on track to generate profits could all conspire to close the discount, leading to big potential gains. **10 stocks we like better than Naspers** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e7e701ae-8f05-4f08-99c6-0fda7585039e&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DNaspers&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872) for investors to buy right now... and Naspers wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=e7e701ae-8f05-4f08-99c6-0fda7585039e&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DNaspers&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=449f05d4-d3c2-41a0-afbd-6182490be872)*Stock Advisor returns as of June 26, 2023 [Anders Bylund](https://www.fool.com/author/1484/) has positions in Fiverr International. [Billy Duberstein](https://www.fool.com/author/16731/) has positions in Naspers and Prosus.His clients may own shares of the companies mentioned.[Nicholas Rossolillo](https://www.fool.com/author/14525/) has positions in PayPal. The Motley Fool has positions in and recommends Fiverr International, KKR, PayPal, and Tencent. The Motley Fool recommends the following options: short June 2023 $67.50 puts on PayPal. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 25.6905
Stock Price 2 days before: 25.9212
Stock Price 1 day before: 26.0406
Stock Price at release: 26.3318
Risk-Free Rate at release: 0.0527
| 30.2512 |
Symbol: PTON
Security: Peloton Interactive, Inc.
Related Stocks/Topics: ZM|Markets
Title: Rally or Not, Here's 1 Mistake I Won't Be Making Next Bull Market
Type: News
Publication: The Motley Fool
Publication Author: Stefon Walters
Date: 2023-07-02 08:03:00
Article: Last year, a bear market, rising inflation, and recession fears dominated talks about the stock market and economy. For experienced investors, the flip from bull to bear market was another chapter in the stock market's volatility playbook. For new investors, I'm sure it was a humbling experience.This year has been different, with all three major indexes -- the **S&P 500**, [Nasdaq Composite](https://www.fool.com/investing/stock-market/indexes/nasdaq/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=76c9f9d6-2e04-4822-9211-d99d257495eb), and **Dow Jones** -- up year to date (as of June 28). Despite the recent rally in the stock market shifting investors' sentiments on the outlook for the year, there's one mistake I know I won't be making this time around: rushing to put money into the market. [Someone looking at the camera and tilting their glasses forward.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F737496%2Fcurious-person-wondering-interested-glasses.jpg&w=700) Image source: Getty Images. **There are downsides to rushing to invest during rallies** Investing in the stock market is a marathon, not a sprint. The best investors are typically people who have an end goal in mind and practice patience and discipline. If you're like many investors, the key is discipline. It's easy to get caught up in the hype surrounding market rallies and rush to invest. The problem, unfortunately, is that it can cause you to ignore conventional investing wisdom or invest without doing the necessary due diligence.That's what happened to a lot of investors in the [bull market](https://www.fool.com/investing/how-to-invest/bull-market/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=76c9f9d6-2e04-4822-9211-d99d257495eb) that followed the beginning of the COVID-19 pandemic, myself included. When the stock market was seemingly printing money, many investors felt they needed to hurry and put money into the stock market to prevent missing out on gains.It might've worked short term, but time showed it wasn't sustainable, as many stocks (especially growth stocks) plummeted through 2022, back to pre-pandemic levels. That's the first problem with rushing into investments: It can lead to buying stocks at inflated prices, increasing the risk of losses if the market corrects or enters a bear market.The other problem is that it can lead to bad portfolio diversification, as investors rush into the "hot" industries or stocks of the moment, leaving them overly exposed to certain market risks. For example, piling into pandemic tech darlings like **Peloton Interactive** and **Zoom Video Communications** without considering how the businesses would fair when things returned to something closer to pre-pandemic normalcy. Or piling into oil stocks last year because of rising gas prices. **Understand when you may just be suffering from FOMO** The fear of missing out (FOMO) is a powerful force in general, but especially in investing. It's far too easy for FOMO to cause someone to make irrational investments when they see others making money in a market rally. Unfortunately, this usually leads to someone trying to time the market -- which is challenging, if not impossible, to do consistently over time.Stock prices are influenced by countless factors, many of which are unpredictable. Earnings, geopolitics, speculation, and even investor sentiment can all cause the market to move in unexpected ways. Trying to predict these moves is a lost cause that even professional investors on Wall Street have yet to master.Sometimes it's best to just ask yourself, "Am I making this investment because I feel like I'm missing out?" If you have to think too much about the answer, there's a good chance you are.One way to help prevent yourself from timing the market is using [dollar-cost averaging](https://www.fool.com/investing/stock-market/basics/dollar-cost-averaging/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=76c9f9d6-2e04-4822-9211-d99d257495eb), which involves making set investments on a set schedule. First, decide how much you can afford to invest, then decide what frequency makes the most sense for you. For instance, you could decide to break up $1,000 monthly investments into four $250 investments that you invest every Monday.By putting yourself on a set schedule, you eliminate the guesswork and the urge to invest based on FOMO. **10 stocks we like better than Walmart** When our analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the ** [ten best stocks](https://www.fool.com/mms/mark/e-sa-bbn-eg?aid=8867&source=isaeditxt0000476&ftm_cam=sa-bbn-evergreen&ftm_pit=6627&ftm_veh=article_pitch&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=76c9f9d6-2e04-4822-9211-d99d257495eb)** for investors to buy right now... and Walmart wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://www.fool.com/mms/mark/e-sa-bbn-eg?aid=8867&source=isaeditxt0000476&ftm_cam=sa-bbn-evergreen&ftm_pit=6627&ftm_veh=article_pitch&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=76c9f9d6-2e04-4822-9211-d99d257495eb) Stock Advisor returns as of June 26, 2023[Stefon Walters](https://www.fool.com/author/20466/) has positions in Peloton Interactive. The Motley Fool has positions in and recommends Peloton Interactive and Zoom Video Communications. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 7.47675
Stock Price 2 days before: 7.54583
Stock Price 1 day before: 7.8386
Stock Price at release: 7.73793
Risk-Free Rate at release: 0.0527
| 9.68345 |
Symbol: SONO
Security: Sonos, Inc.
Related Stocks/Topics: Markets|W
Title: 1 Beaten-Down Stock to Buy and 1 to Avoid
Type: News
Publication: The Motley Fool
Publication Author: Timothy Green
Date: 2023-07-02 08:40:00
Article: The best time to buy a stock is often when it's been left for dead. In some cases, pessimism can drive down a stock so much that anything short of disaster can lead to solid long-term returns for investors.One beaten-down stock that looks like it could fall into this category is **Sonos** [(NASDAQ: SONO)](https://www.nasdaq.com/market-activity/stocks/sono). Demand for the company's speakers has slumped, but the long-term growth story is still intact. **Wayfair** [(NYSE: W)](https://www.nasdaq.com/market-activity/stocks/w) is a different story, and while it can be tempting to jump in at a depressed price, there's not a lot to like about the online furniture seller. **Buy Sonos** Shares of connected home audio specialist Sonos have taken a beating over the past few months. [The stock tumbled in May](https://www.fool.com/investing/2023/05/12/why-sonos-stock-tumbled-this-week/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=1f02778c-c129-40ab-bd73-03c0e71ea969) following a quarterly report that beat analysts' expectations but featured lackluster guidance. Sonos is suffering from weak demand for its pricey speakers and home theater equipment amid a tough economic environment.Sonos now expects revenue to decline by 4% to 7% this year. In the fiscal second quarter, which ended April 1, a combination of weak consumer demand and excess channel inventory led to a 23.9% sales decline. The company is taking steps to bring costs down, including [laying off 7% of its workforce](https://www.fool.com/investing/2023/06/15/sonos-announces-layoffs-is-the-beaten-down-stock-a/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=1f02778c-c129-40ab-bd73-03c0e71ea969), which will help prop up the bottom line to a degree.While Sonos is struggling right now, there's a lot to like about the company. First and foremost, Sonos has built a brand that's synonymous with quality. Sonos' products are expensive, but you get what you pay for. And unlike smart speakers from big tech companies, Sonos' platform is agnostic when it comes to integrations. The company's products work with more than 130 content providers, a wide range of home automation systems, and multiple voice assistants.Sonos' brand will help it tap into an enormous total addressable market. There were 14 million households with Sonos products at the end of 2022, and the company estimates that there are 172 million affluent households in total within its core markets. With just 8% penetration, Sonos has a long growth runway ahead of it.While Sonos' products may not be in high demand during a recession, the company's balance sheet is strong enough to carry it through just about anything. Sonos has no debt and about $295 million in cash. Free cash flow was positive through the first six months of fiscal 2023 despite the steep revenue decline. A recovery for Sonos stock will take time, but the company has all the necessary ingredients to be a long-term winner. **Avoid Wayfair** While shares of [online furniture and home goods retailer](https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/top-ecommerce-companies/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=1f02778c-c129-40ab-bd73-03c0e71ea969) Wayfair surged in June, the stock remains down more than 80% from its all-time high. Like Sonos, Wayfair is fighting against slumping demand for its products. Unlike Sonos, the long-term picture for Wayfair doesn't look particularly bright.Outside of a period during the pandemic when home-bound consumers were flush with stimulus cash, Wayfair has struggled to turn a profit. With revenue tumbling and customers abandoning the retailer, the bottom line is falling off a cliff. Revenue slumped 7.3% year over year in the first quarter to $2.8 billion, and the company posted a net loss of $355 million. Free cash flow was a loss of $234 million.Wayfair's financial performance, its lack of any meaningful competitive advantage, and its rapid-fire cash burn are good reasons to avoid the stock. Management is another. The company and CEO Niraj Shah have made producing positive adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization, a key goal of the turnaround effort. That's a big red flag for investors.EBITDA has severe shortcomings as a profitability metric. It ignores real costs, casting aside capital expenditures and the resulting depreciation entirely. While Wayfair is burning through more than $200 million in cash each quarter, adjusted EBITDA is on the cusp of turning positive. Unfortunately, you can't spend adjusted EBITDA. A prolonged period of weak consumer demand is not going to treat Wayfair kindly, and management is driving toward the wrong goalposts. Investors would be wise to stay away from the stock. **10 stocks we like better than Sonos** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=55bf22b6-b2bb-47b5-a283-ce24e3c7aa5d&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DSonos&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=1f02778c-c129-40ab-bd73-03c0e71ea969) for investors to buy right now... and Sonos wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=55bf22b6-b2bb-47b5-a283-ce24e3c7aa5d&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DSonos&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=1f02778c-c129-40ab-bd73-03c0e71ea969)*Stock Advisor returns as of June 30, 2023 [Timothy Green](https://www.fool.com/author/2369/) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Sonos. The Motley Fool recommends Wayfair. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 15.5965
Stock Price 2 days before: 15.9738
Stock Price 1 day before: 16.2886
Stock Price at release: 16.3255
Risk-Free Rate at release: 0.0527
| 17.0506 |
Symbol: CHGG
Security: Chegg, Inc.
Related Stocks/Topics: Markets
Title: 1 Growth Stock Down 92% You'll Regret Buying on the Dip
Type: News
Publication: The Motley Fool
Publication Author: Parkev Tatevosian
Date: 2023-07-02 09:07:00
Article: Fool.com contributor Parkev Tatevosian highlights one enticing growth stock investors should avoid in July.*Stock prices used were the afternoon prices of June 29, 2023. The video was published on July 1, 2023. **10 stocks we like better than Chegg** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f6770f91-7edf-424f-a5f5-f4e0ab024207&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DChegg&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=eb14b312-36da-46e5-ae51-152e498d59af) for investors to buy right now... and Chegg wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f6770f91-7edf-424f-a5f5-f4e0ab024207&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DChegg&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=eb14b312-36da-46e5-ae51-152e498d59af)*Stock Advisor returns as of June 30, 2023[Parkev Tatevosian, CFA](https://www.fool.com/author/20206/) has positions in Chegg. The Motley Fool recommends Chegg. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/). Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through [his link](https://fool.com/parkev), he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stock Price 4 days before: 8.71589
Stock Price 2 days before: 8.8856
Stock Price 1 day before: 8.89792
Stock Price at release: 8.89029
Risk-Free Rate at release: 0.0527
| 10.0921 |
Symbol: FVRR
Security: Fiverr International Ltd.
Related Stocks/Topics: AMZN|Markets|NFLX|ROKU
Title: 3 Top Bargain Stocks Ready for a Bull Run
Type: News
Publication: The Motley Fool
Publication Author: Anders Bylund
Date: 2023-07-02 11:34:00
Article: The stock market doldrums of 2022 will live in infamy. The **S&P 500** (SNPINDEX: ^GSPC) index [fell 19.4% last year](https://www.fool.com/investing/stock-market/indexes/sp-500/annual-returns/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70), making it the seventh worst market year since 1929.But the worst market years have often been followed by impressive gains in the next year, and 2023 is shaping up to follow that pattern. Luckily, you still have time to pick up some top-quality stocks at a generous discount before the next bull run. In particular, you should take a second look at media-streaming technology expert **Roku** [(NASDAQ: ROKU)](https://www.nasdaq.com/market-activity/stocks/roku), e-commerce giant **Amazon** [(NASDAQ: AMZN)](https://www.nasdaq.com/market-activity/stocks/amzn), and freelance marketplace operator **Fiverr International** [(NYSE: FVRR)](https://www.nasdaq.com/market-activity/stocks/fvrr) while the getting is good. **Roku** Don't get me wrong -- I understand why market makers slapped a rebate-flavored price tag on the stock as the inflation crisis played out. Roku's high-octane growth has slowed down in recent quarters and the all-important digital advertising market is still far below room temperature.All of that makes perfect sense, but Roku's market pendulum swung too far in the other direction. The stock deserved a modest correction last year -- not the 92% meltdown it recorded near the end of 2022.The stock gained 57% in the first half of 2023 but still sits 87% below the all-time highs of 2021. Again, I understand how you could make an argument for this radical price cut, if there were something seriously wrong with Roku's business model or future prospects.And that's where I can't just nod along anymore.Roku isn't just an early market leader in the market for streaming video software and services. It essentially created this market, selling the first streaming boxes for **Netflix** video streams, back when that content was just a free add-on for Netflix's DVD-mailer subscribers. The company has been fine-tuning its user platform ever since, while also collecting valuable viewer data and crafting its own content-publishing plans. If Roku isn't a top solution for streaming systems on a global level in five years, I'll eat my Roku Stick.I could go into [excruciating detail](https://www.fool.com/investing/2023/03/30/a-swot-analysis-of-roku-stock-what-investors-need/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) on how Roku's neutral viewing platform serves every content service, and why both new and established streaming channels essentially have to support the Roku platform or miss out on millions of potential viewers. And I could spend hours on the [cord-cutting trend](https://www.fool.com/investing/2023/04/15/got-2500-2-top-stocks-that-you-can-buy-and-hold-fo/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) pointing to massive long-term growth for the streaming market. Oh, and you don't want to get me started on [the temporary nature of the advertising slowdown](https://www.fool.com/investing/2023/06/27/is-roku-a-buy/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) -- another case of revenues shifting deeper into the digital world over time. But you could follow the links I just gave you if you want that kind of detail. Here, I'll just say that [Roku's business prospects look excellent](https://www.fool.com/investing/2023/06/16/my-2-favorite-stocks-right-now/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70). Grabbing a few shares at these bargain-bin prices should set you up for tremendous gains as the streaming market matures. **Fiverr** Many investors saw Fiverr as a huge beneficiary of the lockdowns and safer-at-home policies of the early coronavirus pandemic. Lots of people found themselves with plenty of extra time on their hands, often equipped with newly upgraded computer systems and network connections, and also eager to grab whatever extra income they could find. So Fiverr's services gained traction, revenues soared, and the stock skyrocketed.But the gravy train stopped as soon as effective COVID-19 vaccines became widely available. The new thinking was that the sudden freelancing boom must be short-lived, largely forgotten as soon as people could get back to the office again. So Fiverr's stock now trades near an all-time low, 93% below the peaks of early 2021.And I think that's a big mistake. You see, Fiverr did not run into a brick wall in 2021. Instead, its sales soared 57% higher that year and added another 13% jump on top of that larger revenue platform in 2022. That is indeed a dramatic slowdown, but not for a lack of interest in freelance services. You may have noticed that there's an inflation-based economic crisis to deal with, which makes many businesses hold on to their budgetary purse strings with a tight grip.Fiverr is quite exposed to that pressure, given how quickly its main clientele in small to medium businesses adjust to economic news. "We felt macro ahead of everybody else because small businesses are very similar to consumers. So you feel it very, very quickly," Fiverr CEO Micha Kaufman said at an industry conference in May. "Bigger ships take longer to turn. They feel macro slightly slower. They have committees to decide that they want to cut back on expenses, and so on. Smaller businesses don't have that. They just see the wrong headline in the newspaper and they're done. They're playing defense instead of offense."On the other side of the same coin, Fiverr should enjoy the economic recovery earlier and more dramatically than companies serving enterprise-class clients.So the rumors of Fiverr's death are exaggerated and the company is just biding its time until the market recovery gets going. Mind you, even the deepest, darkest downturn still allowed Fiverr's sales to grow at a double-digit percentage rate. As a leading [gig economy](https://www.fool.com/investing/stock-market/market-sectors/information-technology/gig-economy-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) name, this little company is going places in the long haul. You should consider grabbing a couple of shares before the next growth spurt. **Amazon** The e-commerce and cloud computing titan's retreat from recent highs isn't quite as dramatic as Fiverr's and Roku's, but a 32% discount is nothing to sneeze at.Once again, we are looking at a market overreaction to a temporary setback based on inflation concerns. In this case, Amazon's customers are not splurging on big-ticket items like up-to-the-minute electronics or fashionable outfits. Instead, the product mix has shifted toward low-priced commodities with thinner profit margins, resulting in the slowest top-line growth numbers in Amazon's history. Furthermore, Amazon expanded its distribution network a bit too quickly when online retail sales were booming and before the inflation crisis. So the company laid off some of the workers it had just hired. Amazon's sales guidance for the current year has not been inspiring.You see a trend here, right? Amazon's bears quickly jumped to the conclusion that the best days of e-commerce growth are behind us, and that Amazon surely will become just another slow-growing retail network. And I'm quite sure future investors will remember this period as a speed bump on a long road to global growth.In other words, it's another big misunderstanding. [Amazon looks like a great buy](https://www.fool.com/investing/2023/06/09/amazon-stock-regret-not-buying-next-bull-market/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) in this market. **Find out why Amazon.com****is one of the 10 best stocks to buy now** Our analyst team has spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed their ten top stock picks for investors to buy right now. Amazon.com [is on the list](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=de279afd-7326-4bef-9f47-68c6e1290057&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-eg%3Faid%3D8867%26source%3Disaeditxt0000450%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6313%26ftm_veh%3Darticle_pitch&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70) -- but there are nine others you may be overlooking.[Click here to get access to the full list!](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=de279afd-7326-4bef-9f47-68c6e1290057&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-eg%3Faid%3D8867%26source%3Disaeditxt0000450%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6313%26ftm_veh%3Darticle_pitch&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=a21f1503-2617-46e5-aa76-b9cd07b09b70)*Stock Advisor returns as of June 30, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. [Anders Bylund](https://www.fool.com/author/1484/) has positions in Amazon.com, Fiverr International, Netflix, and Roku. The Motley Fool has positions in and recommends Amazon.com, Fiverr International, Netflix, and Roku. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 25.6596
Stock Price 2 days before: 26.0639
Stock Price 1 day before: 26.0406
Stock Price at release: 26.3318
Risk-Free Rate at release: 0.0527
| 29.4777 |
Symbol: REAL
Security: The RealReal, Inc.
Related Stocks/Topics: Markets
Title: 1 Michael Burry Stock Down 93% You'll Regret Not Buying on the Dip
Type: News
Publication: The Motley Fool
Publication Author: Parkev Tatevosian
Date: 2023-07-02 11:59:00
Article: Fool.com contributor Parkev Tatevosian highlights one of Michael Burry's stocks that is selling at a significant discount.*Stock prices used were the afternoon prices of June 29, 2023. The video was published on July 1, 2023. **10 stocks we like better than RealReal** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2738b97e-cc93-4a6b-a69a-2028f1dfc310&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DRealReal&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=5a596663-8f30-48f5-961a-892e073e10cc) for investors to buy right now... and RealReal wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2738b97e-cc93-4a6b-a69a-2028f1dfc310&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DRealReal&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=5a596663-8f30-48f5-961a-892e073e10cc)*Stock Advisor returns as of June 30, 2023[Parkev Tatevosian, CFA](https://www.fool.com/author/20206/) has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/). [Sponsored Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:) [Sponsored Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:)[Promoted Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:) [Promoted Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:)[](https://www.grammarly.com/a?utm_source=taboola&utm_campaign=10012806&utm_medium=cpc&utm_content=nasdaq-nasdaq&utm_placement=Desktop&tblci=GiBFy-flNZ-1oJtNdMFWWJHoNv2fkVu3ysdp7S1GQiX2XCD67j4ossrSv43s8ugcMKXsTg#tblciGiBFy-flNZ-1oJtNdMFWWJHoNv2fkVu3ysdp7S1GQiX2XCD67j4ossrSv43s8ugcMKXsTg) [Discover how to go from draft to done in a few clicks—not a few hours. Grammarly Install Now](https://www.grammarly.com/a?utm_source=taboola&utm_campaign=10012806&utm_medium=cpc&utm_content=nasdaq-nasdaq&utm_placement=Desktop&tblci=GiBFy-flNZ-1oJtNdMFWWJHoNv2fkVu3ysdp7S1GQiX2XCD67j4ossrSv43s8ugcMKXsTg#tblciGiBFy-flNZ-1oJtNdMFWWJHoNv2fkVu3ysdp7S1GQiX2XCD67j4ossrSv43s8ugcMKXsTg) Undo Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through [his link](https://fool.com/parkev), he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stock Price 4 days before: 1.78633
Stock Price 2 days before: 2.09382
Stock Price 1 day before: 2.34098
Stock Price at release: 2.32832
Risk-Free Rate at release: 0.0527
| 2.65553 |
Symbol: CHPT
Security: ChargePoint Holdings, Inc.
Related Stocks/Topics: Stocks|GOEV
Title: These ‘Strong Buy’ EV Stocks Could Surge Over 90%, Analyst Predicts — Here’s Why You Should Pay Attention
Type: News
Publication: TipRanks
Publication Author: Michael Marcus
Date: 2023-07-02 12:02:00
Article: [](https://tipranksblog.wpenginepowered.com/wp-content/uploads/2023/06/EVs-0630.jpg) Electric vehicles, EVs, are getting plenty of headlines, and for good reason. There is a concerted push, both from governments and societal entities, to promote EVs over combustion-engine cars, and that has resulted in a global EV market that is expected to reach $561.30 billion in 2023. Almost all of the major auto manufacturers are producing EV models, and small, independent companies have been springing up in the larger markets for several years now. By 2028, the EV market is expected to reach unit sales of 17.07 million vehicles, generating a market volume of more than $900 billion.For the retail investor, this means that [EV stocks](https://www.tipranks.com/compare-stocks/electric-vehicles) are an area of opportunity. Projected growth on that magnitude doesn’t come often – but when it does, it means that whole industries are changing. Current EV production won’t come close to meeting the projected demand for 2028, and companies that can expand to meet that demand are going to flourish. The trick is finding them. Wall Street’s professional stock analysts are up to the challenge. They’ve been scouring the automotive industry, looking for the EV stocks that should surge with the increased demand – and from investment firm Stifel, analyst Stephen Gengaro has picked out two stocks that investors should give a second look. These are both Buy-rated equities, and Gengaro sees 90% upside or better for each of them.According to [TipRanks’ database](http://www.tipranks.com/), Gengaro is not alone in thinking these stocks have plenty to offer investors; both are rated as Strong Buys by the analyst consensus. Let's take a closer look. **ChargePoint Holdings** **([CHPT](https://www.nasdaq.com/market-activity/stocks/chpt)))**We’ll start our look at EV stocks with ChargePoint, a leader in the charging station niche. While ChargePoint doesn’t build actual cars, it does produce, market, and install the vital charging infrastructure that will turn EVs from a novelty into a practical transport option. The company offers a variety of charging station options for businesses, for fleet use, and for individual drivers.The company has been operating since 2007, and its network of charging stations has expanded to the point that ChargePoint can boast of someone plugging in every 1 second or so. That has added up to more than 172 million charges delivered over the years, and ChargePoint claims 76% of the Fortune 500 companies among its customers. It's an impressive record.ChargePoint produced decent financial results in the recently reported first quarter of fiscal year 2024. The company showed a revenue total of $130 million, up a robust 59% from the prior year – and beating the analyst expectations by $1.67 million. At the bottom line, like many cutting-edge tech-oriented firms, ChargePoint is running at a current loss. The company’s GAAP EPS of a 23 cent loss was in-line with the forecast, while the non-GAAP figure, a 15-cent per share loss, came in better than the forecast by 2 cents. Looking ahead, ChargePoint is guiding toward fiscal Q2 revenue in the range of $148 million to $158 million; this would represent a 41% y/y gain at the midpoint. ChargePoint has plenty of resources to continue its expansion, with $313.7 million in cash on the balance sheet as of the end of fiscal Q1 (this past April 30).For Stifel's Stephen Gengaro, this all adds up to a stock that investors should seriously consider, describing it as his ‘favorite EV charging name.’ He is impressed by ChargePoint’s solid position in the charging market, and its ability to expand that position.“We reiterate our belief that CHPT is well positioned to capitalize on the expected robust growth in EV sales and charger demand over the next several years. We expect the company to deliver solid revenue growth in 2023-25+, and appears on target to deliver positive FCF by the end of calendar 2024,” Gengaro opined.Gengaro goes on to rate CHPT shares a Buy, and his $17 price target implies a one-year gain of ~94% for the stock. (To watch Gengaro’s track record, [click here](https://www.tipranks.com/experts/analysts/stephen-gengaro)) The Street, generally, is giving CHPT shares a Moderate Buy consensus rating, based on 14 recent analyst reviews that include 10 Buys and 4 Holds. The stock’s $15.40 average price target suggests an upside of ~75% over the next 12 months, from the current trading price of $8.79. (See [CHPT stock forecast](https://www.nasdaq.com/market-activity/stocks/chpt)) [](https://www.tipranks.com/stocks/chpt/forecast)**Canoo, Inc.** **([GOEV](https://www.nasdaq.com/market-activity/stocks/goev)))**Next up is Canoo, a California-based maker of a multi-purpose EV platform, a vehicle chassis that is adaptable to a variety of EV types and models. Canoo is working on several types of EV vehicle designs, based on this common platform. End designs include a ‘lifestyle’ vehicle, a light- to mid-duty type pickup truck, and a delivery vehicle targeting the ‘last mile’ niche. That last is an operational mode in which EVs have proven successful, as their combination of short to moderate range and zero emissions are a good fit for urban stop-and-go delivery driving.Canoo’s EV chassis features several innovative elements. The company's vehicle design includes independent electric motors on all four wheels, which reduces the weight and complexity of the drivetrain. Additionally, it incorporates electrically powered steering capable of 'drive-by-wire.' The dashboard is streamlined, offering the driver and front passenger a wide field of view. Moreover, the steering column can be shifted between the driver and front passenger seats. The vehicle comes with wireless connectivity, and users can download a mobile app that allows them to monitor the vehicle from any location.With all of this, it’s important to note that Canoo has not yet put its vehicle into regular production. The company has recently entered agreements with Walmart and Zeeba for the purchase of 4,500 and 3,000 vehicles, and these add to an already substantial order backlog. But – the company burns cash and it’s having trouble raising capital. In 1Q23, Canoo reported no revenue and a GAAP net loss of 22 cents per share, 4 cents per share worse than was expected.Stifel’s Gengaro acknowledges that this is a highly speculative stock, not for the risk-averse, but believes that, if Canoo can survive its financial difficulties then the rewards will be worth it. “We view Canoo as a high-risk, high-reward stock due to its ongoing financing needs and risks associated with ramping production volumes to profitable levels. We are confident that demand for Canoo’s vehicles is strong, supported by a committed backlog of 18,000 units, another $2.8 billion of orders (~60,000 units), and our belief in both the consumer and commercial versions of its EVs," Gengaro explained.“We believe there are three key drivers to the stock over the next 12-24 months, including 1) reaching production targets; 2) funding operations; and 3) delivering positive gross margins. In our view, all three of these are closely linked, and start with funding,” the analyst added.To this end, Gengaro rates GOEV shares a Buy, and his $1.50 price target indicates room for a 207% gain in the year ahead.Gengaro is not alone in his willingness to take a risk on GOEV; the stock has 3 recent analyst reviews, all positive, for a unanimous Strong Buy consensus. The shares are trading for just $0.49, and the $4.50 average price target implies a sky-high potential appreciation of ~819% on the one-year horizon. (See [Canoo stock forecast](https://www.nasdaq.com/market-activity/stocks/goev)) [](https://www.tipranks.com/stocks/goev/forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ [Best Stocks to Buy](https://www.tipranks.com/stocks-to-buy), a tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Stock Price 4 days before: 8.03873
Stock Price 2 days before: 8.71596
Stock Price 1 day before: 8.72368
Stock Price at release: 8.79593
Risk-Free Rate at release: 0.0527
| 8.41109 |
Symbol: WOLF
Security: Wolfspeed, Inc.
Related Stocks/Topics: NVDA|Markets
Title: Better Buy: Nvidia vs. Wolfspeed
Type: News
Publication: The Motley Fool
Publication Author: Leo Sun
Date: 2023-07-02 13:07:00
Article: **Nvidia** [(NASDAQ: NVDA)](https://www.nasdaq.com/market-activity/stocks/nvda) and **Wolfspeed** [(NYSE: WOLF)](https://www.nasdaq.com/market-activity/stocks/wolf) are both chipmakers that carved out high-growth niches with their unique business strategies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for high-end video games and data centers. Its data center business has grown like a weed over the past few years as more organizations upgraded their servers to process advanced machine learning and artificial intelligence (AI) tasks.Wolfspeed, formerly known as Cree, develops wide-bandgap (WBG) semiconductors made from silicon carbide and gallium nitride -- which can operate at higher voltages, temperatures, and frequencies than traditional silicon chips. The resilience and energy efficiency of its WBG chips make them well suited for short-length LEDs, lasers, military radars, and 5G base stations. Wolfspeed also sells silicon carbide materials to electric vehicle (EV) makers for the production of batteries and powertrains. [An illustration of a semiconductor.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F738309%2Fchip-circuit-lights.jpg&w=700) Image source: Getty Images. But over the past five years, Nvidia generated a whopping gain of more than 1,000% for its investors. Wolfspeed's stock declined 3% during that period as [the benchmark](https://www.fool.com/investing/stock-market/market-sectors/information-technology/semiconductor-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) Philadelphia Semiconductor Index advanced about 150%. Will Nvidia continue to outperform most of its industry peers, or is it finally time for Wolfspeed to shine?**The bull and bear case for Nvidia** Nvidia's growth accelerated significantly during the pandemic as people bought new PCs for online classes, remote work, and high-end gaming. Its sales of data center GPUs also soared as more companies upgraded their servers to cope with the high usage of cloud-based services and the need to crunch all that data with AI algorithms. Its acquisition of the data center networking company Mellanox in April 2020 also expanded its data center business and inorganically boosted its sales.As a result, Nvidia's revenue rose 53% in fiscal 2021 (which ended in Jan. 2021) and 61% in fiscal 2022. Its adjusted earnings per share (EPS) grew 73% in fiscal 2021 and 78% in fiscal 2022.But in fiscal 2023, its revenue stayed nearly flat as its adjusted EPS dropped 25%. That abrupt slowdown was caused by difficult comparisons to the pandemic, plummeting sales of new PCs, and intense macro headwinds for data center operators. At the time, analysts expected that slowdown to continue throughout fiscal 2024. However, the rise of generative AI platforms like ChatGPT and DALL-E over the past year flipped that bearish thesis on its head. That sudden paradigm shift sparked a buying frenzy in Nvidia's top-tier data center GPUs, and analysts now expect its revenue and adjusted EPS to increase 59% and 113%, respectively, for the full year.The bulls believe the AI boom prematurely halted Nvidia's cyclical downturn and will kick off a new multiyear growth cycle. The [bears believe](https://www.fool.com/investing/2023/06/25/4-red-flags-for-nvidias-future/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) the bulls are counting their eggs before they hatch, and they'll note that a lot of that growth has already been priced into its shares at 55 times [forward earnings](https://www.fool.com/terms/f/forward-pe/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) and 23 times this year's [sales](https://www.fool.com/investing/how-to-invest/stocks/price-to-sales-ratio-value-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8). **The bull and bear cases for Wolfspeed** Wolfspeed's growth cooled off during the pandemic as the crisis disrupted its supply chains and curbed the expansion of China's EV market. That's why its revenue declined 16% in fiscal 2020 (which ended in June 2020). In fiscal 2021, its revenue rose 12% as its automotive and radio frequency (RF) chip markets gradually stabilized.In fiscal 2022, its revenue grew 42% as the auto, industrial, and energy markets experienced post-pandemic recoveries. It expects its revenue to rise between 20% and 23% in fiscal 2023 -- even though it still faces tough macro headwinds -- as it starts recognizing revenues from its newly opened Mohawk Valley fab in upstate New York in the second half of the year.That new fab is the world's largest 200 mm silicon carbide plant, and Wolfspeed believes it will reach a 20% capacity utilization rate by the end of fiscal 2024. Over the long term, it expects that rate to [continue climbing](https://www.fool.com/investing/2023/06/28/is-wolfspeed-stock-a-buy-now/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) as silicon carbide chips gradually replace traditional silicon chips, and it expects the expansion of the new fab's 200 mm chipmaking technologies to reduce its overall die cost by more than 50%. Those rising gross margins, along with its recent divestments and other cost-cutting measures, could help it eventually turn a profit. But for now, analysts expect it to stay unprofitable on a generally accepted accounting principles ([GAAP](https://www.fool.com/investing/how-to-invest/stocks/gaap-vs-non-gaap/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8))) basis through at least 2025.The bulls will argue that Wolfspeed's first-mover advantage in the silicon carbide space could make it a great long-term investment and that its stock isn't too expensive at eight times this year's sales. The bears believe Wolfspeed will struggle to narrow its losses as it ramps up its production of 200 mm chips and that other larger chipmakers -- most notably **ON Semiconductor** and **STMicroelectronics**-- are also gradually creeping into the silicon carbide market. **The better buy: Nvidia stock** Nvidia's stock is pricey, but it's easy to see why it deserves a premium valuation. Wolfspeed could continue to expand over the next few years, but it faces tougher competitive headwinds than Nvidia and doesn't have a clear path toward profitability. I wouldn't rush to buy either of these [semiconductor stocks](https://www.fool.com/investing/stock-market/market-sectors/information-technology/semiconductor-stocks/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) right now, but it certainly seems like Nvidia will continue outperforming Wolfspeed for the foreseeable future. **10 stocks we like better than Nvidia** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=30fc88fa-7f29-46b1-aa88-7f0800e42c50&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DNvidia&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8) for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys. [See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=30fc88fa-7f29-46b1-aa88-7f0800e42c50&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DNvidia&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be3fd1cf-bd97-4632-b0e4-778bdb966fd8)*Stock Advisor returns as of June 30, 2023 [Leo Sun](https://www.fool.com/author/2154/) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Wolfspeed. The Motley Fool recommends ON Semiconductor. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 55.2018
Stock Price 2 days before: 55.5336
Stock Price 1 day before: 55.704
Stock Price at release: 56.212
Risk-Free Rate at release: 0.0527
| 65.9 |
Symbol: CSR
Security: Centerspace
Related Stocks/Topics: Markets|ARLO|NABL|OSPN|SQ
Title: Validea's Top 5 Information Technology Stocks Based On Martin Zweig - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Growth Investor](https://www.validea.com/growth-investor-portfolio/martin-zweig) model based on the published strategy of [Martin Zweig](https://www.validea.com/martin-zweig). This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. **CENTERSPACE ([CSR](https://www.nasdaq.com/market-activity/stocks/CSR)))** is a small-cap growth stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 43% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Centerspace is a real estate investment trust (REIT). The Company is focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. The Company owns approximately 84 apartment communities, containing 15,065 homes. The Company conducts its daily business operations primarily through its operating partnership, Centerspace, LP, (the Operating Partnership). It owns properties in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its properties include Lyra Apartments, Lugano At Cherry Creek, Civic Lofts, Westend, Dylan At RiNo, Parkhouse Apartment Homes, Union Pointe, The Donovan Apartment Homes, Thomasbrook Apartments, Lakeside Village Apartment Homes, Cimarron Hills Apartments, Greenfield and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & FAIL \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of CENTERSPACE [CSR Guru Analysis](https://www.validea.com/guru-analysis/csr)[CSR Fundamental Analysis](https://www.validea.com/factor-report/csr)**ARLO TECHNOLOGIES INC ([ARLO](https://www.nasdaq.com/market-activity/stocks/ARLO)))** is a small-cap growth stock in the Audio & Video Equipment industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Arlo Technologies, Inc. is engaged in combining the intelligent cloud infrastructure and mobile apps with a variety of smart connected devices, which transform the way people experience the connected lifestyle. The Company is engaged in product designing, wireless connectivity, cloud infrastructure and cutting-edge artificial intelligent (AI) capabilities focused on delivering a seamless, smart home experience for its users. The Company's products include Smart Connected Devices, Arlo Home Security System, Arlo Pro 5S, Arlo Go 2, Arlo Video Doorbell, Arlo Floodlight Camera, Arlo Ultra 2, Arlo Essential, Arlo Essential Video Doorbell, Arlo Pro 4, Arlo Essential Indoor and Arlo Go 2 LTE/Wi-Fi Security Camera. The Company's cloud-based platform provides users with visibility, insight means to help protect and connect in real-time with the people and things that matter, from any location with a wireless fidelity (Wi-Fi) or a cellular connection. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ARLO TECHNOLOGIES INC [ARLO Guru Analysis](https://www.validea.com/guru-analysis/arlo)[ARLO Fundamental Analysis](https://www.validea.com/factor-report/arlo)**N-ABLE INC ([NABL](https://www.nasdaq.com/market-activity/stocks/NABL)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Company's platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. It also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of N-ABLE INC [NABL Guru Analysis](https://www.validea.com/guru-analysis/nabl)[NABL Fundamental Analysis](https://www.validea.com/factor-report/nabl)**ONESPAN INC ([OSPN](https://www.nasdaq.com/market-activity/stocks/OSPN)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**OneSpan Inc. is a provider of identity and authentication security, as well as enterprise-grade electronic signature (e-signature) solutions. The Company has two segments. Digital Agreements segment consists of solutions that enable its clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation and compliance. These solutions include OneSpan Sign e-signature solution, OneSpan Notary and Virtual Room solutions. Security Solutions segment consist of its portfolio of software products and/or software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices and applications. These solutions include identity verification, multi-factor authentication and transaction signing, such as mobile application security, mobile software tokens, and Digipass authenticators that are not cloud-connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ONESPAN INC [OSPN Guru Analysis](https://www.validea.com/guru-analysis/ospn)[OSPN Fundamental Analysis](https://www.validea.com/factor-report/ospn)**BLOCK INC ([SQ](https://www.nasdaq.com/market-activity/stocks/SQ)))** is a large-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. The Square segment enables businesses (sellers) to accept card payments, which provides products and services to help its sellers start, run, and grow their businesses. It combines software, hardware, and financial services to create products and services that are self-serve. The Cash App segment provides an ecosystem of financial products and services to help consumers manage their money. It provides an ecosystem of financial services focused on helping consumers make their money go further by storing, sending, receiving, spending, or investing their money with Cash App. The Company's TIDAL is a global platform for musicians and their fans that uses content, experiences, and features to bring fans closer to artists. Its bitcoin ecosystem includes Spiral, an independent team focused on contributing to bitcoin's open-source work.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline \end{table} Detailed Analysis of BLOCK INC [SQ Guru Analysis](https://www.validea.com/guru-analysis/sq)[SQ Fundamental Analysis](https://www.validea.com/factor-report/sq)[Martin Zweig Portfolio](https://www.validea.com/martin-zweig)**About Martin Zweig**: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 60.552
Stock Price 2 days before: 41.4077
Stock Price 1 day before: 26.2907
Stock Price at release: 59.748
Risk-Free Rate at release: 0.0527
| 63.5241 |
Symbol: XPER
Security: Xperi Holding Corporation
Related Stocks/Topics: ADTN|Markets|KC|CRSR|TWLO
Title: Validea's Top 5 Information Technology Stocks Based On Kenneth Fisher - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Price/Sales Investor](https://www.validea.com/price-sales-investor-portfolio/kenneth-fisher) model based on the published strategy of [Kenneth Fisher](https://www.validea.com/kenneth-fisher). This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. **ADTRAN HOLDINGS INC ([ADTN](https://www.nasdaq.com/market-activity/stocks/ADTN)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & PASS \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of ADTRAN HOLDINGS INC [ADTN Guru Analysis](https://www.validea.com/guru-analysis/adtn)[ADTN Fundamental Analysis](https://www.validea.com/factor-report/adtn)**KINGSOFT CLOUD HOLDINGS LTD (ADR) ([KC](https://www.nasdaq.com/market-activity/stocks/KC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Kingsoft Cloud Holdings Ltd is a China-based company mainly engaged in independent cloud services. The Company provide a full suite of cloud products combining unified IaaS infrastructure and PaaS middleware, and tailored business applications which support a wide range of use cases that enable customers' diverse business objectives. The Company also offer solutions in a holistic approach, by merging cloud solutions with dedicated customer services. The Company's end-to-end customer services cover planning, solution development, fulfillment and deployment, as well as ongoing maintenance and upgrade. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of KINGSOFT CLOUD HOLDINGS LTD (ADR)[KC Guru Analysis](https://www.validea.com/guru-analysis/kc)[KC Fundamental Analysis](https://www.validea.com/factor-report/kc)**XPERI INC ([XPER](https://www.nasdaq.com/market-activity/stocks/XPER)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xperi Inc. is a consumer and entertainment technology company. The Company invents, develops, and delivers technologies that are integrated into a variety of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. It operates through four business categories: Pay-TV, Consumer Electronics, Connected Car and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recordings (DVRs). Its Consumer Electronics business provides technology solutions delivered to its customers to enhance their entertainment experience in the home and on-the-go. Its Connected Car transforms the automotive experience through multimedia and personalization to the connected car. Its Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of XPERI INC [XPER Guru Analysis](https://www.validea.com/guru-analysis/xper)[XPER Fundamental Analysis](https://www.validea.com/factor-report/xper)**CORSAIR GAMING INC ([CRSR](https://www.nasdaq.com/market-activity/stocks/CRSR)))** is a small-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Kenneth Fisher is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Corsair Gaming Inc. is a provider and innovator of high-performance gear for gamers, streamers and content creators. The Company's personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The Company operates through two segments: Gamer and creator peripherals, and Gaming components and systems. Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming gear, which includes capture cards, Stream Decks, Universal Serial Bus (USB) microphones, Facecam streaming camera, studio accessories, and EpocCam software, as well as coaching and training services, among others. Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & FAIL \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & PASS \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of CORSAIR GAMING INC [CRSR Guru Analysis](https://www.validea.com/guru-analysis/crsr)[CRSR Fundamental Analysis](https://www.validea.com/factor-report/crsr)**TWILIO INC ([TWLO](https://www.nasdaq.com/market-activity/stocks/TWLO)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 48% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Twilio Inc. offers cloud communications platform, which enables developers to build, scale, and deploy real-time communications within software applications. The Company provides customer engagement platform (CEP), which comprises a suite of flexible software and communications solutions that allow businesses to deliver trusted and engaging customer experiences at scale. Its application programming interfaces (APIs) and software products include Twilio Flex and Twilio Engage. It operates through two business units: Twilio Communications and Twilio Data & Applications. Its communications solutions consist of customizable APIs and products that can be used individually or in combination to build contextual communications within applications. Its communication products include Twilio Programmable Messaging (MessagingX), Twilio Programmable Voice, Twilio SendGrid Email API and Twilio Verify. Its data and applications products include Twilio Segment, Twilio Engage and Twilio Flex.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of TWILIO INC [TWLO Guru Analysis](https://www.validea.com/guru-analysis/twlo)[TWLO Fundamental Analysis](https://www.validea.com/factor-report/twlo)[Kenneth Fisher Portfolio](https://www.validea.com/kenneth-fisher)**About Kenneth Fisher**: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 12.8145
Stock Price 2 days before: 13.2686
Stock Price 1 day before: 13.15
Stock Price at release: 13.1045
Risk-Free Rate at release: 0.0527
| 13.099 |
Symbol: IIIV
Security: i3 Verticals, Inc.
Related Stocks/Topics: CRNC|Markets|RAMP|DOCU|LASR
Title: Validea's Top 5 Information Technology Stocks Based On Peter Lynch - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **CERENCE INC ([CRNC](https://www.nasdaq.com/market-activity/stocks/CRNC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company is primarily engaged in selling software licenses and cloud-connected services. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining software components with cloud-connected components. Edge software components are installed on a vehicle head unit and can operate without access to external networks and information. Its cloud-connected components include various speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of CERENCE INC [CRNC Guru Analysis](https://www.validea.com/guru-analysis/crnc)[CRNC Fundamental Analysis](https://www.validea.com/factor-report/crnc)**LIVERAMP HOLDINGS INC ([RAMP](https://www.nasdaq.com/market-activity/stocks/RAMP)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**LiveRamp Holdings, Inc. is a global technology company. The Company's enterprise platform enables data collaboration, where companies can share first-party consumer data with business partners securely and in a privacy-conscious manner. Its LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data (first, second, or third-party) to build a single view of the customer in a way that protects consumer privacy. Its solutions include data collaboration, activation, measurement and analytics, identity, and data marketplace. It enables organizations to leverage their customer and prospect data in the digital and television ecosystems and across the customer experience applications they use through a safe and secure data matching process called data onboarding. Its platform allows customers to combine disparate data files (typically ad exposure and customer events, like transactions), replacing customer identifiers with RampID.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of LIVERAMP HOLDINGS INC [RAMP Guru Analysis](https://www.validea.com/guru-analysis/ramp)[RAMP Fundamental Analysis](https://www.validea.com/factor-report/ramp)**I3 VERTICALS INC ([IIIV](https://www.nasdaq.com/market-activity/stocks/IIIV)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**i3 Verticals, Inc. builds, acquires, and grows software solutions in strategic vertical markets. The Company operates through two segments: Merchant Services and Software and Services. The Merchant Services segment provides payment solutions to businesses and organizations. Its Merchant Services segment includes third-party integrated payment solutions as well as traditional merchant processing services across its strategic vertical markets. The Software and Services segment delivers vertical market software solutions to customers across all of its strategic vertical markets. These solutions often include embedded payments or other recurring services. It delivers an array of vertical market software solutions and integrated payment technology to its customers and distribution partners. Its public sector vertical is comprised of more than 100 software products. The Company's healthcare vertical provides revenue cycle management services and electronic health records (EHR) solutions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of I3 VERTICALS INC [IIIV Guru Analysis](https://www.validea.com/guru-analysis/iiiv)[IIIV Fundamental Analysis](https://www.validea.com/factor-report/iiiv)**DOCUSIGN INC ([DOCU](https://www.nasdaq.com/market-activity/stocks/DOCU)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**DocuSign, Inc. offers electronic signature product, enabling an agreement to be signed electronically on a variety of devices, from virtually anywhere in the world. The Company offers DocuSign Agreement Cloud, which is a cloud software platform that automates and connects the entire agreement process. It includes DocuSign eSignature, an electronic signature solution. It offers applications for automating pre- and post-signature processes, such as automatically generating an agreement from data in other systems, supporting negotiation workflow, verifying identities, enabling remote online notarization, collecting payment after signatures, and using artificial intelligence to analyze a collection of agreements for risks and opportunities. The Company also includes hundreds of integrations to other systems, so agreement processes can integrate with other business processes and data. Its offers DocuSign Insight, which uses AI to search and analyze agreements by legal concepts and clauses. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of DOCUSIGN INC [DOCU Guru Analysis](https://www.validea.com/guru-analysis/docu)[DOCU Fundamental Analysis](https://www.validea.com/factor-report/docu)**NLIGHT INC ([LASR](https://www.nasdaq.com/market-activity/stocks/LASR)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**nLIGHT, Inc. is a provider of semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The Company operates through two segments: the Laser Products segment and the Advanced Development segment. It designs, manufactures, and sells a range of high-power semiconductor lasers and fiber lasers that are integrated into laser systems or manufacturing tools built by its customers. Its products include Semiconductor Lasers, Fiber Lasers and Directed Energy Products. The Semiconductor Lasers is a high-power semiconductor laser with a range of power levels, wavelengths, and output fiber sizes. The Fiber Lasers is a programmable and serviceable high-power fiber laser. The Directed Energy Products include standalone fiber amplifiers and beam combination and control systems for use in high-energy laser (HEL) systems in directed energy applications. Its products are sold in the United States, China, South Korea and various European countries.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of NLIGHT INC [LASR Guru Analysis](https://www.validea.com/guru-analysis/lasr)[LASR Fundamental Analysis](https://www.validea.com/factor-report/lasr)[Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 22.6887
Stock Price 2 days before: 23.1892
Stock Price 1 day before: 22.866
Stock Price at release: 22.9772
Risk-Free Rate at release: 0.0527
| 24.6973 |
Symbol: ARLO
Security: Arlo Technologies, Inc.
Related Stocks/Topics: CSR|Markets|NABL|OSPN|SQ
Title: Validea's Top 5 Information Technology Stocks Based On Martin Zweig - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Growth Investor](https://www.validea.com/growth-investor-portfolio/martin-zweig) model based on the published strategy of [Martin Zweig](https://www.validea.com/martin-zweig). This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. **CENTERSPACE ([CSR](https://www.nasdaq.com/market-activity/stocks/CSR)))** is a small-cap growth stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 43% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Centerspace is a real estate investment trust (REIT). The Company is focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. The Company owns approximately 84 apartment communities, containing 15,065 homes. The Company conducts its daily business operations primarily through its operating partnership, Centerspace, LP, (the Operating Partnership). It owns properties in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its properties include Lyra Apartments, Lugano At Cherry Creek, Civic Lofts, Westend, Dylan At RiNo, Parkhouse Apartment Homes, Union Pointe, The Donovan Apartment Homes, Thomasbrook Apartments, Lakeside Village Apartment Homes, Cimarron Hills Apartments, Greenfield and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & FAIL \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of CENTERSPACE [CSR Guru Analysis](https://www.validea.com/guru-analysis/csr)[CSR Fundamental Analysis](https://www.validea.com/factor-report/csr)**ARLO TECHNOLOGIES INC ([ARLO](https://www.nasdaq.com/market-activity/stocks/ARLO)))** is a small-cap growth stock in the Audio & Video Equipment industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Arlo Technologies, Inc. is engaged in combining the intelligent cloud infrastructure and mobile apps with a variety of smart connected devices, which transform the way people experience the connected lifestyle. The Company is engaged in product designing, wireless connectivity, cloud infrastructure and cutting-edge artificial intelligent (AI) capabilities focused on delivering a seamless, smart home experience for its users. The Company's products include Smart Connected Devices, Arlo Home Security System, Arlo Pro 5S, Arlo Go 2, Arlo Video Doorbell, Arlo Floodlight Camera, Arlo Ultra 2, Arlo Essential, Arlo Essential Video Doorbell, Arlo Pro 4, Arlo Essential Indoor and Arlo Go 2 LTE/Wi-Fi Security Camera. The Company's cloud-based platform provides users with visibility, insight means to help protect and connect in real-time with the people and things that matter, from any location with a wireless fidelity (Wi-Fi) or a cellular connection. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ARLO TECHNOLOGIES INC [ARLO Guru Analysis](https://www.validea.com/guru-analysis/arlo)[ARLO Fundamental Analysis](https://www.validea.com/factor-report/arlo)**N-ABLE INC ([NABL](https://www.nasdaq.com/market-activity/stocks/NABL)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Company's platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. It also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of N-ABLE INC [NABL Guru Analysis](https://www.validea.com/guru-analysis/nabl)[NABL Fundamental Analysis](https://www.validea.com/factor-report/nabl)**ONESPAN INC ([OSPN](https://www.nasdaq.com/market-activity/stocks/OSPN)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**OneSpan Inc. is a provider of identity and authentication security, as well as enterprise-grade electronic signature (e-signature) solutions. The Company has two segments. Digital Agreements segment consists of solutions that enable its clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation and compliance. These solutions include OneSpan Sign e-signature solution, OneSpan Notary and Virtual Room solutions. Security Solutions segment consist of its portfolio of software products and/or software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices and applications. These solutions include identity verification, multi-factor authentication and transaction signing, such as mobile application security, mobile software tokens, and Digipass authenticators that are not cloud-connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ONESPAN INC [OSPN Guru Analysis](https://www.validea.com/guru-analysis/ospn)[OSPN Fundamental Analysis](https://www.validea.com/factor-report/ospn)**BLOCK INC ([SQ](https://www.nasdaq.com/market-activity/stocks/SQ)))** is a large-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. The Square segment enables businesses (sellers) to accept card payments, which provides products and services to help its sellers start, run, and grow their businesses. It combines software, hardware, and financial services to create products and services that are self-serve. The Cash App segment provides an ecosystem of financial products and services to help consumers manage their money. It provides an ecosystem of financial services focused on helping consumers make their money go further by storing, sending, receiving, spending, or investing their money with Cash App. The Company's TIDAL is a global platform for musicians and their fans that uses content, experiences, and features to bring fans closer to artists. Its bitcoin ecosystem includes Spiral, an independent team focused on contributing to bitcoin's open-source work.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline \end{table} Detailed Analysis of BLOCK INC [SQ Guru Analysis](https://www.validea.com/guru-analysis/sq)[SQ Fundamental Analysis](https://www.validea.com/factor-report/sq)[Martin Zweig Portfolio](https://www.validea.com/martin-zweig)**About Martin Zweig**: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 9.24587
Stock Price 2 days before: 10.7857
Stock Price 1 day before: 11.1239
Stock Price at release: 10.9105
Risk-Free Rate at release: 0.0527
| 11.311 |
Symbol: BIGC
Security: BigCommerce Holdings, Inc.
Related Stocks/Topics: Markets|JAMF|GDYN|BILL|SITM
Title: Validea's Top 5 Information Technology Stocks Based On Warren Buffett - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Patient Investor](https://www.validea.com/patient-investor-portfolio/warren-buffett) model based on the published strategy of [Warren Buffett](https://www.validea.com/warren-buffett). This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. **BIGCOMMERCE HOLDINGS INC ([BIGC](https://www.nasdaq.com/market-activity/stocks/BIGC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**BigCommerce Holdings, Inc. is a provider of an open software-as-a-service (SaaS) ecommerce platform. The Company allows merchants to build their e-commerce solutions their way with the flexibility to fit their business and product offerings. Its business segments: large enterprises, the mid-market, and small businesses. It provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services like payments, shipping and fulfillment, point of sale, marketing, accounting and omnichannel. It offers access to its platform on a subscription basis. The Company serves customers across a variety of sizes, product categories, and purchase types, including business-to-consumer (B2C) and business-to-business (B2B). The Company offers free, direct integration with networks, such as Facebook and Instagram and online marketplaces, such as Amazon and eBay.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of BIGCOMMERCE HOLDINGS INC [BIGC Guru Analysis](https://www.validea.com/guru-analysis/bigc)[BIGC Fundamental Analysis](https://www.validea.com/factor-report/bigc)**JAMF HOLDING CORP ([JAMF](https://www.nasdaq.com/market-activity/stocks/JAMF)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Jamf Holding Corp. is engaged in selling software as a service (SaaS) solution through a subscription model, direct sales force, online and indirectly through its channel partners, including Apple. The Company helps organizations, including businesses, hospitals, schools, and government agencies, connect, manage and protect Apple products, applications and corporate resources in the cloud without ever having to touch the devices. It also helps information technology (IT) and security teams strengthen their organization's mobile security posture. It is engaged in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. Its multi-dimensional go-to-market model and cloud-deployed offering enables the Company to reach all organizations around the world with its software solutions. Its SaaS solution provides a cloud-based platform for lifecycle enterprise security and information technology (IT) management of devices. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of JAMF HOLDING CORP [JAMF Guru Analysis](https://www.validea.com/guru-analysis/jamf)[JAMF Fundamental Analysis](https://www.validea.com/factor-report/jamf)**GRID DYNAMICS HOLDINGS INC ([GDYN](https://www.nasdaq.com/market-activity/stocks/GDYN)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Grid Dynamics Holdings, Inc. is a digital engineering and information technology (IT) services provider. The Company offers close collaboration to provide digital transformation initiatives that span strategy consulting, development of early prototypes and enterprise-scale delivery of new digital platforms. Its core business is to deliver focused and complex technical consulting, software design, development, testing and Internet service operations. It provides digital transformation consulting and implementation services in omnichannel customer experience, big data analytics, search, artificial intelligence, cloud migration, and application modernization. The Company offers solutions across key industry verticals: tech, media and telecom, retail, finance and consumer packaged goods (CPG)/manufacturing. It applies various technologies, such as artificial intelligence (AI), data science, cloud computing, big data, and DevOps to enable digital transformation across the enterprise.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of GRID DYNAMICS HOLDINGS INC [GDYN Guru Analysis](https://www.validea.com/guru-analysis/gdyn)[GDYN Fundamental Analysis](https://www.validea.com/factor-report/gdyn)**BILL HOLDINGS INC ([BILL](https://www.nasdaq.com/market-activity/stocks/BILL)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**BILL Holdings, Inc. is a provider of software-as-a-service, cloud-based payments, and spending and expense management products. It enables users to automate accounts payable and accounts receivable transactions, enable businesses to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. It offers financial automation software for small and midsize businesses (SMBs). Through its automated solutions, it helps SMBs simplify and control their finances. It is a partner of the United States financial institutions, accounting firms, and accounting software providers. Its artificial-intelligence (AI)-enabled financial software platform creates connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make, and receive payments, manage employee expenses, sync with their accounting system, and manage their cash.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of BILL HOLDINGS INC [BILL Guru Analysis](https://www.validea.com/guru-analysis/bill)[BILL Fundamental Analysis](https://www.validea.com/factor-report/bill)**SITIME CORP ([SITM](https://www.nasdaq.com/market-activity/stocks/SITM)))** is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**SiTime Corporation is a provider of precision timing solutions for the global electronics industry. The Company's products are designed for approximately 300 applications across its target markets, including communications and enterprise, automotive, industrial, aerospace, mobile, Internet of Things (IoT), and consumer. Its solutions include various types of oscillators, as well as resonators and clock integrated circuits (ICs). Its all-silicon solutions are based on three areas of expertise, which include micro-electro-mechanical systems (MEMS), analog mixed-signal design capabilities, and advanced system-level integration expertise. For the communications and enterprise market, its precision timing solutions provide performance and resilience in dense, less-controlled environments that experience extreme conditions. For the automotive market, its solutions can be utilized in automotive electronics, including advanced driver assistance systems (ADAS) for self-driving cars.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of SITIME CORP [SITM Guru Analysis](https://www.validea.com/guru-analysis/sitm)[SITM Fundamental Analysis](https://www.validea.com/factor-report/sitm)[Warren Buffett Portfolio](https://www.validea.com/warren-buffett)[Top Warren Buffett Stocks](https://www.validea.com/warren-buffett-stocks)**About Warren Buffett**: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 9.4045
Stock Price 2 days before: 9.85834
Stock Price 1 day before: 9.94864
Stock Price at release: 9.9773
Risk-Free Rate at release: 0.0527
| 10.7851 |
Symbol: GDYN
Security: Grid Dynamics Holdings, Inc.
Related Stocks/Topics: BIGC|Markets|JAMF|BILL|SITM
Title: Validea's Top 5 Information Technology Stocks Based On Warren Buffett - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Patient Investor](https://www.validea.com/patient-investor-portfolio/warren-buffett) model based on the published strategy of [Warren Buffett](https://www.validea.com/warren-buffett). This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. **BIGCOMMERCE HOLDINGS INC ([BIGC](https://www.nasdaq.com/market-activity/stocks/BIGC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**BigCommerce Holdings, Inc. is a provider of an open software-as-a-service (SaaS) ecommerce platform. The Company allows merchants to build their e-commerce solutions their way with the flexibility to fit their business and product offerings. Its business segments: large enterprises, the mid-market, and small businesses. It provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services like payments, shipping and fulfillment, point of sale, marketing, accounting and omnichannel. It offers access to its platform on a subscription basis. The Company serves customers across a variety of sizes, product categories, and purchase types, including business-to-consumer (B2C) and business-to-business (B2B). The Company offers free, direct integration with networks, such as Facebook and Instagram and online marketplaces, such as Amazon and eBay.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of BIGCOMMERCE HOLDINGS INC [BIGC Guru Analysis](https://www.validea.com/guru-analysis/bigc)[BIGC Fundamental Analysis](https://www.validea.com/factor-report/bigc)**JAMF HOLDING CORP ([JAMF](https://www.nasdaq.com/market-activity/stocks/JAMF)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Jamf Holding Corp. is engaged in selling software as a service (SaaS) solution through a subscription model, direct sales force, online and indirectly through its channel partners, including Apple. The Company helps organizations, including businesses, hospitals, schools, and government agencies, connect, manage and protect Apple products, applications and corporate resources in the cloud without ever having to touch the devices. It also helps information technology (IT) and security teams strengthen their organization's mobile security posture. It is engaged in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. Its multi-dimensional go-to-market model and cloud-deployed offering enables the Company to reach all organizations around the world with its software solutions. Its SaaS solution provides a cloud-based platform for lifecycle enterprise security and information technology (IT) management of devices. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of JAMF HOLDING CORP [JAMF Guru Analysis](https://www.validea.com/guru-analysis/jamf)[JAMF Fundamental Analysis](https://www.validea.com/factor-report/jamf)**GRID DYNAMICS HOLDINGS INC ([GDYN](https://www.nasdaq.com/market-activity/stocks/GDYN)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Grid Dynamics Holdings, Inc. is a digital engineering and information technology (IT) services provider. The Company offers close collaboration to provide digital transformation initiatives that span strategy consulting, development of early prototypes and enterprise-scale delivery of new digital platforms. Its core business is to deliver focused and complex technical consulting, software design, development, testing and Internet service operations. It provides digital transformation consulting and implementation services in omnichannel customer experience, big data analytics, search, artificial intelligence, cloud migration, and application modernization. The Company offers solutions across key industry verticals: tech, media and telecom, retail, finance and consumer packaged goods (CPG)/manufacturing. It applies various technologies, such as artificial intelligence (AI), data science, cloud computing, big data, and DevOps to enable digital transformation across the enterprise.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of GRID DYNAMICS HOLDINGS INC [GDYN Guru Analysis](https://www.validea.com/guru-analysis/gdyn)[GDYN Fundamental Analysis](https://www.validea.com/factor-report/gdyn)**BILL HOLDINGS INC ([BILL](https://www.nasdaq.com/market-activity/stocks/BILL)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**BILL Holdings, Inc. is a provider of software-as-a-service, cloud-based payments, and spending and expense management products. It enables users to automate accounts payable and accounts receivable transactions, enable businesses to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. It offers financial automation software for small and midsize businesses (SMBs). Through its automated solutions, it helps SMBs simplify and control their finances. It is a partner of the United States financial institutions, accounting firms, and accounting software providers. Its artificial-intelligence (AI)-enabled financial software platform creates connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make, and receive payments, manage employee expenses, sync with their accounting system, and manage their cash.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of BILL HOLDINGS INC [BILL Guru Analysis](https://www.validea.com/guru-analysis/bill)[BILL Fundamental Analysis](https://www.validea.com/factor-report/bill)**SITIME CORP ([SITM](https://www.nasdaq.com/market-activity/stocks/SITM)))** is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**SiTime Corporation is a provider of precision timing solutions for the global electronics industry. The Company's products are designed for approximately 300 applications across its target markets, including communications and enterprise, automotive, industrial, aerospace, mobile, Internet of Things (IoT), and consumer. Its solutions include various types of oscillators, as well as resonators and clock integrated circuits (ICs). Its all-silicon solutions are based on three areas of expertise, which include micro-electro-mechanical systems (MEMS), analog mixed-signal design capabilities, and advanced system-level integration expertise. For the communications and enterprise market, its precision timing solutions provide performance and resilience in dense, less-controlled environments that experience extreme conditions. For the automotive market, its solutions can be utilized in automotive electronics, including advanced driver assistance systems (ADAS) for self-driving cars.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of SITIME CORP [SITM Guru Analysis](https://www.validea.com/guru-analysis/sitm)[SITM Fundamental Analysis](https://www.validea.com/factor-report/sitm)[Warren Buffett Portfolio](https://www.validea.com/warren-buffett)[Top Warren Buffett Stocks](https://www.validea.com/warren-buffett-stocks)**About Warren Buffett**: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 9.01622
Stock Price 2 days before: 9.40903
Stock Price 1 day before: 9.22194
Stock Price at release: 9.21973
Risk-Free Rate at release: 0.0527
| 10.2448 |
Symbol: KC
Security: Kingsoft Cloud Holdings Limited
Related Stocks/Topics: ADTN|Markets|XPER|CRSR|TWLO
Title: Validea's Top 5 Information Technology Stocks Based On Kenneth Fisher - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Price/Sales Investor](https://www.validea.com/price-sales-investor-portfolio/kenneth-fisher) model based on the published strategy of [Kenneth Fisher](https://www.validea.com/kenneth-fisher). This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. **ADTRAN HOLDINGS INC ([ADTN](https://www.nasdaq.com/market-activity/stocks/ADTN)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & PASS \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of ADTRAN HOLDINGS INC [ADTN Guru Analysis](https://www.validea.com/guru-analysis/adtn)[ADTN Fundamental Analysis](https://www.validea.com/factor-report/adtn)**KINGSOFT CLOUD HOLDINGS LTD (ADR) ([KC](https://www.nasdaq.com/market-activity/stocks/KC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Kingsoft Cloud Holdings Ltd is a China-based company mainly engaged in independent cloud services. The Company provide a full suite of cloud products combining unified IaaS infrastructure and PaaS middleware, and tailored business applications which support a wide range of use cases that enable customers' diverse business objectives. The Company also offer solutions in a holistic approach, by merging cloud solutions with dedicated customer services. The Company's end-to-end customer services cover planning, solution development, fulfillment and deployment, as well as ongoing maintenance and upgrade. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of KINGSOFT CLOUD HOLDINGS LTD (ADR)[KC Guru Analysis](https://www.validea.com/guru-analysis/kc)[KC Fundamental Analysis](https://www.validea.com/factor-report/kc)**XPERI INC ([XPER](https://www.nasdaq.com/market-activity/stocks/XPER)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xperi Inc. is a consumer and entertainment technology company. The Company invents, develops, and delivers technologies that are integrated into a variety of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. It operates through four business categories: Pay-TV, Consumer Electronics, Connected Car and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recordings (DVRs). Its Consumer Electronics business provides technology solutions delivered to its customers to enhance their entertainment experience in the home and on-the-go. Its Connected Car transforms the automotive experience through multimedia and personalization to the connected car. Its Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of XPERI INC [XPER Guru Analysis](https://www.validea.com/guru-analysis/xper)[XPER Fundamental Analysis](https://www.validea.com/factor-report/xper)**CORSAIR GAMING INC ([CRSR](https://www.nasdaq.com/market-activity/stocks/CRSR)))** is a small-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Kenneth Fisher is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Corsair Gaming Inc. is a provider and innovator of high-performance gear for gamers, streamers and content creators. The Company's personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The Company operates through two segments: Gamer and creator peripherals, and Gaming components and systems. Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming gear, which includes capture cards, Stream Decks, Universal Serial Bus (USB) microphones, Facecam streaming camera, studio accessories, and EpocCam software, as well as coaching and training services, among others. Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & FAIL \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & PASS \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of CORSAIR GAMING INC [CRSR Guru Analysis](https://www.validea.com/guru-analysis/crsr)[CRSR Fundamental Analysis](https://www.validea.com/factor-report/crsr)**TWILIO INC ([TWLO](https://www.nasdaq.com/market-activity/stocks/TWLO)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 48% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Twilio Inc. offers cloud communications platform, which enables developers to build, scale, and deploy real-time communications within software applications. The Company provides customer engagement platform (CEP), which comprises a suite of flexible software and communications solutions that allow businesses to deliver trusted and engaging customer experiences at scale. Its application programming interfaces (APIs) and software products include Twilio Flex and Twilio Engage. It operates through two business units: Twilio Communications and Twilio Data & Applications. Its communications solutions consist of customizable APIs and products that can be used individually or in combination to build contextual communications within applications. Its communication products include Twilio Programmable Messaging (MessagingX), Twilio Programmable Voice, Twilio SendGrid Email API and Twilio Verify. Its data and applications products include Twilio Segment, Twilio Engage and Twilio Flex.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of TWILIO INC [TWLO Guru Analysis](https://www.validea.com/guru-analysis/twlo)[TWLO Fundamental Analysis](https://www.validea.com/factor-report/twlo)[Kenneth Fisher Portfolio](https://www.validea.com/kenneth-fisher)**About Kenneth Fisher**: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 6.13597
Stock Price 2 days before: 5.99682
Stock Price 1 day before: 6.13663
Stock Price at release: 6.30172
Risk-Free Rate at release: 0.0527
| 6.87488 |
Symbol: TASK
Security: TaskUs, Inc.
Related Stocks/Topics: SGH|Markets|COHR|ADSK|FOUR
Title: Validea's Top 5 Information Technology Stocks Based On John Neff - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Low PE Investor](https://www.validea.com/low-pe-investor-portfolio/john-neff) model based on the published strategy of [John Neff](https://www.validea.com/john-neff). This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield. **SMART GLOBAL HOLDINGS INC. ([SGH](https://www.nasdaq.com/market-activity/stocks/SGH)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**SMART Global Holdings, Inc. is engaged in the design and manufacture of specialty solutions for the computing, memory, and light emitting diode (LED) markets. The Company operates through three segments: Memory Solutions, Intelligent Platform Solutions (IPS) and LED Solutions. Its Memory Solutions, under its SMART Modular brand provides memory solutions through the design, development, and advanced packaging of extended lifecycle products. Its IPS group, under its Penguin Solutions brand, consists of two product lines, including Penguin Computing and Penguin Edge. Penguin Computing offers specialized platform solutions for computing, artificial intelligence, and machine learning. Penguin Edge offers solutions for embedded and wireless applications specializing in products for a range of customers in government, telecommunications, and health care. Its LED Solutions group, under its Cree LED brand, offers a range of portfolio of application-optimized LEDs.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of SMART GLOBAL HOLDINGS INC.[SGH Guru Analysis](https://www.validea.com/guru-analysis/sgh)[SGH Fundamental Analysis](https://www.validea.com/factor-report/sgh)**TASKUS INC ([TASK](https://www.nasdaq.com/market-activity/stocks/TASK)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TaskUs, Inc. is a provider of outsourced digital services. The Company is focused on serving high-growth technology companies to represent, protect and grow their brands. The Company's global, omni-channel delivery model is focused on providing its clients with three key services: Digital Customer Experience, Content Security and Artificial Intelligence (AI) Services. Digital Customer Experience consists of omni-channel customer care services primarily delivered through digital (non-voice) channels. Content Security principally consists of review and disposition of user and advertiser generated content for purposes, which include removal or labelling of policy violating, offensive or misleading content. AI Services consists of data labelling, annotation and transcription services performed for the purpose of training and tuning AI algorithms through the process of machine learning. It has clients spanning various industry segments within social media, e-commerce, gaming, and others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of TASKUS INC [TASK Guru Analysis](https://www.validea.com/guru-analysis/task)[TASK Fundamental Analysis](https://www.validea.com/factor-report/task)**COHERENT CORP ([COHR](https://www.nasdaq.com/market-activity/stocks/COHR)))** is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Coherent Corp., formerly II-VI Incorporated, is an integrated manufacturing company. The Company's products include optical communications, optoelectronic devices, optics and laser systems. The optical communications products include optical transceivers, active optical cables, optical engines, communication components, wavelength management and optical instrumentation. The optoelectronic device products include HPL bars and stacks, HPL SE pumps and seeds, GaAs optoelectronics, InP optoelectronics and lasers for sensing. The Optics include industrial laser optics, thermal imaging optics, life sciences optics, all-purpose optics and optical materials. The laser systems include laser cutting, laser micromachining, laser lapping and mono-diamond cutting. The Company's other products include laser processing tools, laser components, electronic devices, epitaxy and ion implantation, wide-bandgap electronics, thermos electrics, ceramics and metal matrix composites, and engineered materials.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of COHERENT CORP [COHR Guru Analysis](https://www.validea.com/guru-analysis/cohr)[COHR Fundamental Analysis](https://www.validea.com/factor-report/cohr)**AUTODESK INC ([ADSK](https://www.nasdaq.com/market-activity/stocks/ADSK)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on John Neff is 4% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Autodesk, Inc. is engaged in three-dimensional (3D) design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media and entertainment. Its product offerings are focused on four primary product families: Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment. Its products include AutoCAD Civil 3D; Building Connected; Architecture, Engineering and Construction Collection; Autodesk Build; Revit; AutoCAD; AutoCAD LT; Computer-Aided Manufacturing (CAM) Solutions; Fusion 360; Product Design and Manufacturing Collection; Inventor; Vault; Media and Entertainment Collection; Maya; ShotGrid, and 3ds Max. Its product development and manufacturing software provides manufacturers in automotive, transportation, industrial machinery, consumer products, and building product industries with digital design, engineering, manufacturing, and production solutions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & FAIL \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & PASS \\ \hline \end{table} Detailed Analysis of AUTODESK INC [ADSK Guru Analysis](https://www.validea.com/guru-analysis/adsk)[ADSK Fundamental Analysis](https://www.validea.com/factor-report/adsk)**SHIFT4 PAYMENTS INC ([FOUR](https://www.nasdaq.com/market-activity/stocks/FOUR)))** is a mid-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on John Neff is 4% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Shift4 Payments, Inc. is an independent provider of software and payment processing solutions in the United States. The Company's merchant range in size from small owner-operated local businesses to multinational enterprises conducting commerce throughout the world. It distributes its services through a scaled network of seasoned internal sales and support teams, as well as through its network of software partners. The Company's software partners are comprised of independent software vendors (ISVs) and value-added resellers (VARs). It offers a single integration to an international end-to-end payment offering, a proprietary gateway and a robust suite of technology solutions to enhance the value of their software and simplify payment acceptance. Its payments platform is a full suite of integrated payment products and services that can be used across multiple channels, geographies and industry verticals, including end-to-end payment processing for a range of payment types; and other.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & FAIL \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & PASS \\ \hline \end{table} Detailed Analysis of SHIFT4 PAYMENTS INC [FOUR Guru Analysis](https://www.validea.com/guru-analysis/four)[FOUR Fundamental Analysis](https://www.validea.com/factor-report/four)[John Neff Portfolio](https://www.validea.com/john-neff)**About John Neff**: While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 11.2065
Stock Price 2 days before: 11.4605
Stock Price 1 day before: 11.4022
Stock Price at release: 11.4012
Risk-Free Rate at release: 0.0527
| 12.0384 |
Symbol: LASR
Security: nLIGHT, Inc.
Related Stocks/Topics: CRNC|Markets|RAMP|IIIV|DOCU
Title: Validea's Top 5 Information Technology Stocks Based On Peter Lynch - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **CERENCE INC ([CRNC](https://www.nasdaq.com/market-activity/stocks/CRNC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company is primarily engaged in selling software licenses and cloud-connected services. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining software components with cloud-connected components. Edge software components are installed on a vehicle head unit and can operate without access to external networks and information. Its cloud-connected components include various speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of CERENCE INC [CRNC Guru Analysis](https://www.validea.com/guru-analysis/crnc)[CRNC Fundamental Analysis](https://www.validea.com/factor-report/crnc)**LIVERAMP HOLDINGS INC ([RAMP](https://www.nasdaq.com/market-activity/stocks/RAMP)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**LiveRamp Holdings, Inc. is a global technology company. The Company's enterprise platform enables data collaboration, where companies can share first-party consumer data with business partners securely and in a privacy-conscious manner. Its LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data (first, second, or third-party) to build a single view of the customer in a way that protects consumer privacy. Its solutions include data collaboration, activation, measurement and analytics, identity, and data marketplace. It enables organizations to leverage their customer and prospect data in the digital and television ecosystems and across the customer experience applications they use through a safe and secure data matching process called data onboarding. Its platform allows customers to combine disparate data files (typically ad exposure and customer events, like transactions), replacing customer identifiers with RampID.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of LIVERAMP HOLDINGS INC [RAMP Guru Analysis](https://www.validea.com/guru-analysis/ramp)[RAMP Fundamental Analysis](https://www.validea.com/factor-report/ramp)**I3 VERTICALS INC ([IIIV](https://www.nasdaq.com/market-activity/stocks/IIIV)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**i3 Verticals, Inc. builds, acquires, and grows software solutions in strategic vertical markets. The Company operates through two segments: Merchant Services and Software and Services. The Merchant Services segment provides payment solutions to businesses and organizations. Its Merchant Services segment includes third-party integrated payment solutions as well as traditional merchant processing services across its strategic vertical markets. The Software and Services segment delivers vertical market software solutions to customers across all of its strategic vertical markets. These solutions often include embedded payments or other recurring services. It delivers an array of vertical market software solutions and integrated payment technology to its customers and distribution partners. Its public sector vertical is comprised of more than 100 software products. The Company's healthcare vertical provides revenue cycle management services and electronic health records (EHR) solutions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of I3 VERTICALS INC [IIIV Guru Analysis](https://www.validea.com/guru-analysis/iiiv)[IIIV Fundamental Analysis](https://www.validea.com/factor-report/iiiv)**DOCUSIGN INC ([DOCU](https://www.nasdaq.com/market-activity/stocks/DOCU)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**DocuSign, Inc. offers electronic signature product, enabling an agreement to be signed electronically on a variety of devices, from virtually anywhere in the world. The Company offers DocuSign Agreement Cloud, which is a cloud software platform that automates and connects the entire agreement process. It includes DocuSign eSignature, an electronic signature solution. It offers applications for automating pre- and post-signature processes, such as automatically generating an agreement from data in other systems, supporting negotiation workflow, verifying identities, enabling remote online notarization, collecting payment after signatures, and using artificial intelligence to analyze a collection of agreements for risks and opportunities. The Company also includes hundreds of integrations to other systems, so agreement processes can integrate with other business processes and data. Its offers DocuSign Insight, which uses AI to search and analyze agreements by legal concepts and clauses. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of DOCUSIGN INC [DOCU Guru Analysis](https://www.validea.com/guru-analysis/docu)[DOCU Fundamental Analysis](https://www.validea.com/factor-report/docu)**NLIGHT INC ([LASR](https://www.nasdaq.com/market-activity/stocks/LASR)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**nLIGHT, Inc. is a provider of semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The Company operates through two segments: the Laser Products segment and the Advanced Development segment. It designs, manufactures, and sells a range of high-power semiconductor lasers and fiber lasers that are integrated into laser systems or manufacturing tools built by its customers. Its products include Semiconductor Lasers, Fiber Lasers and Directed Energy Products. The Semiconductor Lasers is a high-power semiconductor laser with a range of power levels, wavelengths, and output fiber sizes. The Fiber Lasers is a programmable and serviceable high-power fiber laser. The Directed Energy Products include standalone fiber amplifiers and beam combination and control systems for use in high-energy laser (HEL) systems in directed energy applications. Its products are sold in the United States, China, South Korea and various European countries.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of NLIGHT INC [LASR Guru Analysis](https://www.validea.com/guru-analysis/lasr)[LASR Fundamental Analysis](https://www.validea.com/factor-report/lasr)[Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 14.9356
Stock Price 2 days before: 15.6006
Stock Price 1 day before: 15.5082
Stock Price at release: 15.405
Risk-Free Rate at release: 0.0527
| 14.3592 |
Symbol: ADTN
Security: ADTRAN Holdings, Inc.
Related Stocks/Topics: Markets|KC|XPER|CRSR|TWLO
Title: Validea's Top 5 Information Technology Stocks Based On Kenneth Fisher - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Price/Sales Investor](https://www.validea.com/price-sales-investor-portfolio/kenneth-fisher) model based on the published strategy of [Kenneth Fisher](https://www.validea.com/kenneth-fisher). This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. **ADTRAN HOLDINGS INC ([ADTN](https://www.nasdaq.com/market-activity/stocks/ADTN)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & PASS \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of ADTRAN HOLDINGS INC [ADTN Guru Analysis](https://www.validea.com/guru-analysis/adtn)[ADTN Fundamental Analysis](https://www.validea.com/factor-report/adtn)**KINGSOFT CLOUD HOLDINGS LTD (ADR) ([KC](https://www.nasdaq.com/market-activity/stocks/KC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Kingsoft Cloud Holdings Ltd is a China-based company mainly engaged in independent cloud services. The Company provide a full suite of cloud products combining unified IaaS infrastructure and PaaS middleware, and tailored business applications which support a wide range of use cases that enable customers' diverse business objectives. The Company also offer solutions in a holistic approach, by merging cloud solutions with dedicated customer services. The Company's end-to-end customer services cover planning, solution development, fulfillment and deployment, as well as ongoing maintenance and upgrade. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of KINGSOFT CLOUD HOLDINGS LTD (ADR)[KC Guru Analysis](https://www.validea.com/guru-analysis/kc)[KC Fundamental Analysis](https://www.validea.com/factor-report/kc)**XPERI INC ([XPER](https://www.nasdaq.com/market-activity/stocks/XPER)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xperi Inc. is a consumer and entertainment technology company. The Company invents, develops, and delivers technologies that are integrated into a variety of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. It operates through four business categories: Pay-TV, Consumer Electronics, Connected Car and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recordings (DVRs). Its Consumer Electronics business provides technology solutions delivered to its customers to enhance their entertainment experience in the home and on-the-go. Its Connected Car transforms the automotive experience through multimedia and personalization to the connected car. Its Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of XPERI INC [XPER Guru Analysis](https://www.validea.com/guru-analysis/xper)[XPER Fundamental Analysis](https://www.validea.com/factor-report/xper)**CORSAIR GAMING INC ([CRSR](https://www.nasdaq.com/market-activity/stocks/CRSR)))** is a small-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Kenneth Fisher is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Corsair Gaming Inc. is a provider and innovator of high-performance gear for gamers, streamers and content creators. The Company's personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The Company operates through two segments: Gamer and creator peripherals, and Gaming components and systems. Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming gear, which includes capture cards, Stream Decks, Universal Serial Bus (USB) microphones, Facecam streaming camera, studio accessories, and EpocCam software, as well as coaching and training services, among others. Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & FAIL \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & PASS \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of CORSAIR GAMING INC [CRSR Guru Analysis](https://www.validea.com/guru-analysis/crsr)[CRSR Fundamental Analysis](https://www.validea.com/factor-report/crsr)**TWILIO INC ([TWLO](https://www.nasdaq.com/market-activity/stocks/TWLO)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 48% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Twilio Inc. offers cloud communications platform, which enables developers to build, scale, and deploy real-time communications within software applications. The Company provides customer engagement platform (CEP), which comprises a suite of flexible software and communications solutions that allow businesses to deliver trusted and engaging customer experiences at scale. Its application programming interfaces (APIs) and software products include Twilio Flex and Twilio Engage. It operates through two business units: Twilio Communications and Twilio Data & Applications. Its communications solutions consist of customizable APIs and products that can be used individually or in combination to build contextual communications within applications. Its communication products include Twilio Programmable Messaging (MessagingX), Twilio Programmable Voice, Twilio SendGrid Email API and Twilio Verify. Its data and applications products include Twilio Segment, Twilio Engage and Twilio Flex.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of TWILIO INC [TWLO Guru Analysis](https://www.validea.com/guru-analysis/twlo)[TWLO Fundamental Analysis](https://www.validea.com/factor-report/twlo)[Kenneth Fisher Portfolio](https://www.validea.com/kenneth-fisher)**About Kenneth Fisher**: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 10.3703
Stock Price 2 days before: 10.6369
Stock Price 1 day before: 10.538
Stock Price at release: 10.5746
Risk-Free Rate at release: 0.0527
| 9.64625 |
Symbol: RAMP
Security: LiveRamp Holdings, Inc.
Related Stocks/Topics: CRNC|Markets|IIIV|DOCU|LASR
Title: Validea's Top 5 Information Technology Stocks Based On Peter Lynch - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **CERENCE INC ([CRNC](https://www.nasdaq.com/market-activity/stocks/CRNC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company is primarily engaged in selling software licenses and cloud-connected services. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining software components with cloud-connected components. Edge software components are installed on a vehicle head unit and can operate without access to external networks and information. Its cloud-connected components include various speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of CERENCE INC [CRNC Guru Analysis](https://www.validea.com/guru-analysis/crnc)[CRNC Fundamental Analysis](https://www.validea.com/factor-report/crnc)**LIVERAMP HOLDINGS INC ([RAMP](https://www.nasdaq.com/market-activity/stocks/RAMP)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**LiveRamp Holdings, Inc. is a global technology company. The Company's enterprise platform enables data collaboration, where companies can share first-party consumer data with business partners securely and in a privacy-conscious manner. Its LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data (first, second, or third-party) to build a single view of the customer in a way that protects consumer privacy. Its solutions include data collaboration, activation, measurement and analytics, identity, and data marketplace. It enables organizations to leverage their customer and prospect data in the digital and television ecosystems and across the customer experience applications they use through a safe and secure data matching process called data onboarding. Its platform allows customers to combine disparate data files (typically ad exposure and customer events, like transactions), replacing customer identifiers with RampID.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of LIVERAMP HOLDINGS INC [RAMP Guru Analysis](https://www.validea.com/guru-analysis/ramp)[RAMP Fundamental Analysis](https://www.validea.com/factor-report/ramp)**I3 VERTICALS INC ([IIIV](https://www.nasdaq.com/market-activity/stocks/IIIV)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**i3 Verticals, Inc. builds, acquires, and grows software solutions in strategic vertical markets. The Company operates through two segments: Merchant Services and Software and Services. The Merchant Services segment provides payment solutions to businesses and organizations. Its Merchant Services segment includes third-party integrated payment solutions as well as traditional merchant processing services across its strategic vertical markets. The Software and Services segment delivers vertical market software solutions to customers across all of its strategic vertical markets. These solutions often include embedded payments or other recurring services. It delivers an array of vertical market software solutions and integrated payment technology to its customers and distribution partners. Its public sector vertical is comprised of more than 100 software products. The Company's healthcare vertical provides revenue cycle management services and electronic health records (EHR) solutions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of I3 VERTICALS INC [IIIV Guru Analysis](https://www.validea.com/guru-analysis/iiiv)[IIIV Fundamental Analysis](https://www.validea.com/factor-report/iiiv)**DOCUSIGN INC ([DOCU](https://www.nasdaq.com/market-activity/stocks/DOCU)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**DocuSign, Inc. offers electronic signature product, enabling an agreement to be signed electronically on a variety of devices, from virtually anywhere in the world. The Company offers DocuSign Agreement Cloud, which is a cloud software platform that automates and connects the entire agreement process. It includes DocuSign eSignature, an electronic signature solution. It offers applications for automating pre- and post-signature processes, such as automatically generating an agreement from data in other systems, supporting negotiation workflow, verifying identities, enabling remote online notarization, collecting payment after signatures, and using artificial intelligence to analyze a collection of agreements for risks and opportunities. The Company also includes hundreds of integrations to other systems, so agreement processes can integrate with other business processes and data. Its offers DocuSign Insight, which uses AI to search and analyze agreements by legal concepts and clauses. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of DOCUSIGN INC [DOCU Guru Analysis](https://www.validea.com/guru-analysis/docu)[DOCU Fundamental Analysis](https://www.validea.com/factor-report/docu)**NLIGHT INC ([LASR](https://www.nasdaq.com/market-activity/stocks/LASR)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**nLIGHT, Inc. is a provider of semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The Company operates through two segments: the Laser Products segment and the Advanced Development segment. It designs, manufactures, and sells a range of high-power semiconductor lasers and fiber lasers that are integrated into laser systems or manufacturing tools built by its customers. Its products include Semiconductor Lasers, Fiber Lasers and Directed Energy Products. The Semiconductor Lasers is a high-power semiconductor laser with a range of power levels, wavelengths, and output fiber sizes. The Fiber Lasers is a programmable and serviceable high-power fiber laser. The Directed Energy Products include standalone fiber amplifiers and beam combination and control systems for use in high-energy laser (HEL) systems in directed energy applications. Its products are sold in the United States, China, South Korea and various European countries.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of NLIGHT INC [LASR Guru Analysis](https://www.validea.com/guru-analysis/lasr)[LASR Fundamental Analysis](https://www.validea.com/factor-report/lasr)[Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 27.8659
Stock Price 2 days before: 28.6542
Stock Price 1 day before: 28.5572
Stock Price at release: 28.6811
Risk-Free Rate at release: 0.0527
| 27.5947 |
Symbol: RPAY
Security: Repay Holdings Corporation
Related Stocks/Topics: Markets|NNDM|PSFE|ZUO|ZS
Title: Validea's Top 5 Information Technology Stocks Based On Joseph Piotroski - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Book/Market Investor](https://www.validea.com/book-market-investor-portfolio/joseph-piotroski) model based on the published strategy of [Joseph Piotroski](https://www.validea.com/joseph-piotroski). This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. **REPAY HOLDINGS CORP ([RPAY](https://www.nasdaq.com/market-activity/stocks/RPAY)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Repay Holdings Corporation is a payments technology company. The Company provides integrated payment processing solutions to industry-oriented markets in which clients have specific transaction processing needs. Its segments include Consumer Payments and Business Payments. The Consumer Payments segment provides payment processing solutions, including debit and credit card processing, Automated Clearing House (ACH) processing and other electronic payment acceptance solutions, as well as its loan disbursement product that enable its clients to collect payments and disburse funds to consumers and includes its clearing and settlement solutions (RCS) and Blue Cow Software business (BCS). Business Payments segment provides payment processing solutions, including accounts payable automation, debit and credit card processing, virtual credit card processing, ACH processing and other electronic payment acceptance solutions that enable its clients to collect or send payments to other businesses.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CHANGE IN RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & PASS \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of REPAY HOLDINGS CORP [RPAY Guru Analysis](https://www.validea.com/guru-analysis/rpay)[RPAY Fundamental Analysis](https://www.validea.com/factor-report/rpay)**NANO DIMENSION LTD - ADR ([NNDM](https://www.nasdaq.com/market-activity/stocks/NNDM)))** is a small-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nano Dimension Ltd, former ZBI Ltd, is an Israel-based company active in the technology sector. The Company operates as a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). Its portfolio solutions ranging from Additively Manufactured Electronics (AME), Printed Electronics (PE), Micro Additive Manufacturing, Artificial Intelligence (AI) deep learning, Surface-Mount Technology SMT Pick-and-Place, and inkjet solutions. Products portfolio consists products such as, DragonFly IV advanced 3D printing, Admatec 3D printers, AME materials, Versatile High Speed Dispensing Solutions, Production SMD software, Full Convection Reflow Ovens, Global Inkjet Systems, DeepCube, Fabrica 2.0 and Fabrica Micro-AM Materials among others. The Company targets a range of industry sectors, such as smart electronic devices that rely on printed circuit boards, connected devices, Radio Frequency (RF) components and antennas, sensors, and smart products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of NANO DIMENSION LTD - ADR [NNDM Guru Analysis](https://www.validea.com/guru-analysis/nndm)[NNDM Fundamental Analysis](https://www.validea.com/factor-report/nndm)**PAYSAFE LTD ([PSFE](https://www.nasdaq.com/market-activity/stocks/PSFE)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paysafe Limited is a United Kingdom-based specialized payments platform. The Company's purpose is to enable businesses and consumers to connect and transact through various capabilities in payment processing, digital wallet, and online cash solutions. Its segments include Merchant Solutions and Digital Wallets. The Company's products include Cash Online, Digital Wallets, Integrated Payments, Online Payments, 3DS 2 Integration, Embedded Wallets, Payouts and Point of Sale. It connects businesses and consumers across more than 250 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Its brands include INCOME access, paysafecard, Paysafe:cash, viacash, NETELLER, PCS, and Skrill. The Company serves industries, including crypto, education, retail, petroleum, and property management, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of PAYSAFE LTD [PSFE Guru Analysis](https://www.validea.com/guru-analysis/psfe)[PSFE Fundamental Analysis](https://www.validea.com/factor-report/psfe)**ZUORA INC ([ZUO](https://www.nasdaq.com/market-activity/stocks/ZUO)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zuora, Inc. provides a cloud-based subscription management platform. The Company's solutions enable companies across multiple industries and geographies to launch, manage and scale a subscription business, automating the quote-to-cash and revenue recognition process, including quoting, billing, collections and revenue recognition. Its solution includes Zuora Platform, Zuora Billing, Zuora Revenue, and Zephr. Its Zuora Platform acts as an orchestration engine for all subscription data and processes. Zuora Billing helps users to set payment terms, manage billing relationships, consolidate invoicing across multiple subscriptions, and tax transactions. Zuora Revenue is a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams. Zephr is a digital subscriber experience platform that helps companies, including those in the digital publishing and media industry. The Company's solutions also include Zuora Collect and other software.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & FAIL \\ \hline \end{table} Detailed Analysis of ZUORA INC [ZUO Guru Analysis](https://www.validea.com/guru-analysis/zuo)[ZUO Fundamental Analysis](https://www.validea.com/factor-report/zuo)**ZSCALER INC ([ZS](https://www.nasdaq.com/market-activity/stocks/ZS)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zscaler, Inc. (Zscaler) is a cloud security company that has developed a platform incorporating security functionalities needed to enable access to cloud resources based on identity, context, and organization policies. Its solution is a multi-tenant, distributed cloud platform that secures user-to-app, app-to-app, and machine-to-machine communications over various networks and locations. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. Its Zero Trust Exchange is a cloud-native security platform that protects various customers from cyberattacks and data loss by connecting users, devices, and applications in any location. The Company's cloud services include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX).The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & PASS \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of ZSCALER INC [ZS Guru Analysis](https://www.validea.com/guru-analysis/zs)[ZS Fundamental Analysis](https://www.validea.com/factor-report/zs)[Joseph Piotroski Portfolio](https://www.validea.com/joseph-piotroski)**About Joseph Piotroski**: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 7.48972
Stock Price 2 days before: 7.77807
Stock Price 1 day before: 7.83092
Stock Price at release: 7.83375
Risk-Free Rate at release: 0.0527
| 8.29172 |
Symbol: SEDG
Security: SolarEdge Technologies, Inc.
Related Stocks/Topics: MCHP|Markets|PAYC|CDNS|NTAP
Title: Validea's Top 5 Information Technology Stocks Based On David Dreman - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Contrarian Investor](https://www.validea.com/contrarian-investor-portfolio/david-dreman) model based on the published strategy of [David Dreman](https://www.validea.com/david-dreman). This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals. **MICROCHIP TECHNOLOGY INC ([MCHP](https://www.nasdaq.com/market-activity/stocks/MCHP)))** is a large-cap growth stock in the Semiconductors industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Microchip Technology Inc is a provider of smart, connected, and secure embedded control solutions. It is engaged in selling its semiconductor products to distributors and non-distributor customers (direct customers). It operates through two segments: semiconductor products and technology licensing. The semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The technology licensing segment includes sales and licensing of the Company's intellectual property. It offers a range of general purpose mixed-signal microcontroller products. The Company's analog product line consists of several families, including power management, linear, mixed-signal, high voltage, thermal management, discrete diodes and drivers, safety, security, timing, Universal Serial Bus (USB), ethernet, wireless and other interface products.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline MARKET CAP: & PASS \\ \hline EARNINGS TREND: & PASS \\ \hline EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/CASH FLOW (P/CF) RATIO: & FAIL \\ \hline PRICE/BOOK (P/B) VALUE: & FAIL \\ \hline PRICE/DIVIDEND (P/D) RATIO: & FAIL \\ \hline CURRENT RATIO: & FAIL \\ \hline PAYOUT RATIO: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline PRE-TAX PROFIT MARGINS: & PASS \\ \hline YIELD: & FAIL \\ \hline LOOK AT THE TOTAL DEBT/EQUITY: & FAIL \\ \hline \end{table} Detailed Analysis of MICROCHIP TECHNOLOGY INC [MCHP Guru Analysis](https://www.validea.com/guru-analysis/mchp)[MCHP Fundamental Analysis](https://www.validea.com/factor-report/mchp)**PAYCOM SOFTWARE INC ([PAYC](https://www.nasdaq.com/market-activity/stocks/PAYC)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paycom Software, Inc. is a provider of a comprehensive, cloud-based human capital management (HCM) solution delivered as software-as-a-service (SaaS). The Company provides functionality and data analytics. Its solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. Its applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits such as COBRA. The Company sells its solution directly through its sales force based in offices across the United States. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline MARKET CAP: & PASS \\ \hline EARNINGS TREND: & PASS \\ \hline EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/CASH FLOW (P/CF) RATIO: & FAIL \\ \hline PRICE/BOOK (P/B) VALUE: & FAIL \\ \hline PRICE/DIVIDEND (P/D) RATIO: & FAIL \\ \hline CURRENT RATIO: & FAIL \\ \hline PAYOUT RATIO: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline PRE-TAX PROFIT MARGINS: & PASS \\ \hline YIELD: & FAIL \\ \hline LOOK AT THE TOTAL DEBT/EQUITY: & PASS \\ \hline \end{table} Detailed Analysis of PAYCOM SOFTWARE INC [PAYC Guru Analysis](https://www.validea.com/guru-analysis/payc)[PAYC Fundamental Analysis](https://www.validea.com/factor-report/payc)**SOLAREDGE TECHNOLOGIES INC ([SEDG](https://www.nasdaq.com/market-activity/stocks/SEDG)))** is a large-cap growth stock in the Semiconductors industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**SolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline MARKET CAP: & PASS \\ \hline EARNINGS TREND: & PASS \\ \hline EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/CASH FLOW (P/CF) RATIO: & FAIL \\ \hline PRICE/BOOK (P/B) VALUE: & FAIL \\ \hline PRICE/DIVIDEND (P/D) RATIO: & FAIL \\ \hline CURRENT RATIO: & PASS \\ \hline PAYOUT RATIO: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline PRE-TAX PROFIT MARGINS: & PASS \\ \hline YIELD: & FAIL \\ \hline LOOK AT THE TOTAL DEBT/EQUITY: & PASS \\ \hline \end{table} Detailed Analysis of SOLAREDGE TECHNOLOGIES INC [SEDG Guru Analysis](https://www.validea.com/guru-analysis/sedg)[SEDG Fundamental Analysis](https://www.validea.com/factor-report/sedg)**CADENCE DESIGN SYSTEMS INC ([CDNS](https://www.nasdaq.com/market-activity/stocks/CDNS)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on David Dreman is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Cadence Design Systems, Inc. is an electronic system designing company. The Company's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. The Company's Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. Its System Design and Analysis offerings are used by its customers to develop printed circuit boards (PCBs) and advanced IC packages and to analyze electromagnetic, electro-thermal and other multi-physics effects.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline MARKET CAP: & PASS \\ \hline EARNINGS TREND: & FAIL \\ \hline EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/CASH FLOW (P/CF) RATIO: & FAIL \\ \hline PRICE/BOOK (P/B) VALUE: & FAIL \\ \hline PRICE/DIVIDEND (P/D) RATIO: & FAIL \\ \hline CURRENT RATIO: & FAIL \\ \hline PAYOUT RATIO: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline PRE-TAX PROFIT MARGINS: & PASS \\ \hline YIELD: & FAIL \\ \hline LOOK AT THE TOTAL DEBT/EQUITY: & PASS \\ \hline \end{table} Detailed Analysis of CADENCE DESIGN SYSTEMS INC [CDNS Guru Analysis](https://www.validea.com/guru-analysis/cdns)[CDNS Fundamental Analysis](https://www.validea.com/factor-report/cdns)**NETAPP INC. ([NTAP](https://www.nasdaq.com/market-activity/stocks/NTAP)))** is a large-cap value stock in the Computer Storage Devices industry. The rating according to our strategy based on David Dreman is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**NetApp, Inc. (NetApp) is a cloud-led, data-centric software company. The Company delivers a portfolio of cloud services, and storage infrastructure, powered by intelligent data management software. The Company operates through two segments: Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. It offers a portfolio of cloud-connected all-flash, hybrid-flash, and object storage systems. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. The Company's solutions and services are generally available on the public clouds, including Amazon AWS, Microsoft Azure and Google Cloud Platform.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline MARKET CAP: & PASS \\ \hline EARNINGS TREND: & PASS \\ \hline EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/CASH FLOW (P/CF) RATIO: & FAIL \\ \hline PRICE/BOOK (P/B) VALUE: & FAIL \\ \hline PRICE/DIVIDEND (P/D) RATIO: & FAIL \\ \hline CURRENT RATIO: & FAIL \\ \hline PAYOUT RATIO: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline PRE-TAX PROFIT MARGINS: & PASS \\ \hline YIELD: & FAIL \\ \hline LOOK AT THE TOTAL DEBT/EQUITY: & PASS \\ \hline \end{table} Detailed Analysis of NETAPP INC.[NTAP Guru Analysis](https://www.validea.com/guru-analysis/ntap)[NTAP Fundamental Analysis](https://www.validea.com/factor-report/ntap)[David Dreman Portfolio](https://www.validea.com/david-dreman)**About David Dreman**: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 255.356
Stock Price 2 days before: 256.848
Stock Price 1 day before: 268.555
Stock Price at release: 268.725
Risk-Free Rate at release: 0.0527
| 240.295 |
Symbol: ZUO
Security: Zuora, Inc.
Related Stocks/Topics: RPAY|Markets|NNDM|PSFE|ZS
Title: Validea's Top 5 Information Technology Stocks Based On Joseph Piotroski - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Book/Market Investor](https://www.validea.com/book-market-investor-portfolio/joseph-piotroski) model based on the published strategy of [Joseph Piotroski](https://www.validea.com/joseph-piotroski). This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. **REPAY HOLDINGS CORP ([RPAY](https://www.nasdaq.com/market-activity/stocks/RPAY)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Repay Holdings Corporation is a payments technology company. The Company provides integrated payment processing solutions to industry-oriented markets in which clients have specific transaction processing needs. Its segments include Consumer Payments and Business Payments. The Consumer Payments segment provides payment processing solutions, including debit and credit card processing, Automated Clearing House (ACH) processing and other electronic payment acceptance solutions, as well as its loan disbursement product that enable its clients to collect payments and disburse funds to consumers and includes its clearing and settlement solutions (RCS) and Blue Cow Software business (BCS). Business Payments segment provides payment processing solutions, including accounts payable automation, debit and credit card processing, virtual credit card processing, ACH processing and other electronic payment acceptance solutions that enable its clients to collect or send payments to other businesses.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CHANGE IN RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & PASS \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of REPAY HOLDINGS CORP [RPAY Guru Analysis](https://www.validea.com/guru-analysis/rpay)[RPAY Fundamental Analysis](https://www.validea.com/factor-report/rpay)**NANO DIMENSION LTD - ADR ([NNDM](https://www.nasdaq.com/market-activity/stocks/NNDM)))** is a small-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nano Dimension Ltd, former ZBI Ltd, is an Israel-based company active in the technology sector. The Company operates as a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). Its portfolio solutions ranging from Additively Manufactured Electronics (AME), Printed Electronics (PE), Micro Additive Manufacturing, Artificial Intelligence (AI) deep learning, Surface-Mount Technology SMT Pick-and-Place, and inkjet solutions. Products portfolio consists products such as, DragonFly IV advanced 3D printing, Admatec 3D printers, AME materials, Versatile High Speed Dispensing Solutions, Production SMD software, Full Convection Reflow Ovens, Global Inkjet Systems, DeepCube, Fabrica 2.0 and Fabrica Micro-AM Materials among others. The Company targets a range of industry sectors, such as smart electronic devices that rely on printed circuit boards, connected devices, Radio Frequency (RF) components and antennas, sensors, and smart products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of NANO DIMENSION LTD - ADR [NNDM Guru Analysis](https://www.validea.com/guru-analysis/nndm)[NNDM Fundamental Analysis](https://www.validea.com/factor-report/nndm)**PAYSAFE LTD ([PSFE](https://www.nasdaq.com/market-activity/stocks/PSFE)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paysafe Limited is a United Kingdom-based specialized payments platform. The Company's purpose is to enable businesses and consumers to connect and transact through various capabilities in payment processing, digital wallet, and online cash solutions. Its segments include Merchant Solutions and Digital Wallets. The Company's products include Cash Online, Digital Wallets, Integrated Payments, Online Payments, 3DS 2 Integration, Embedded Wallets, Payouts and Point of Sale. It connects businesses and consumers across more than 250 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Its brands include INCOME access, paysafecard, Paysafe:cash, viacash, NETELLER, PCS, and Skrill. The Company serves industries, including crypto, education, retail, petroleum, and property management, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of PAYSAFE LTD [PSFE Guru Analysis](https://www.validea.com/guru-analysis/psfe)[PSFE Fundamental Analysis](https://www.validea.com/factor-report/psfe)**ZUORA INC ([ZUO](https://www.nasdaq.com/market-activity/stocks/ZUO)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zuora, Inc. provides a cloud-based subscription management platform. The Company's solutions enable companies across multiple industries and geographies to launch, manage and scale a subscription business, automating the quote-to-cash and revenue recognition process, including quoting, billing, collections and revenue recognition. Its solution includes Zuora Platform, Zuora Billing, Zuora Revenue, and Zephr. Its Zuora Platform acts as an orchestration engine for all subscription data and processes. Zuora Billing helps users to set payment terms, manage billing relationships, consolidate invoicing across multiple subscriptions, and tax transactions. Zuora Revenue is a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams. Zephr is a digital subscriber experience platform that helps companies, including those in the digital publishing and media industry. The Company's solutions also include Zuora Collect and other software.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & FAIL \\ \hline \end{table} Detailed Analysis of ZUORA INC [ZUO Guru Analysis](https://www.validea.com/guru-analysis/zuo)[ZUO Fundamental Analysis](https://www.validea.com/factor-report/zuo)**ZSCALER INC ([ZS](https://www.nasdaq.com/market-activity/stocks/ZS)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zscaler, Inc. (Zscaler) is a cloud security company that has developed a platform incorporating security functionalities needed to enable access to cloud resources based on identity, context, and organization policies. Its solution is a multi-tenant, distributed cloud platform that secures user-to-app, app-to-app, and machine-to-machine communications over various networks and locations. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. Its Zero Trust Exchange is a cloud-native security platform that protects various customers from cyberattacks and data loss by connecting users, devices, and applications in any location. The Company's cloud services include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX).The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & PASS \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of ZSCALER INC [ZS Guru Analysis](https://www.validea.com/guru-analysis/zs)[ZS Fundamental Analysis](https://www.validea.com/factor-report/zs)[Joseph Piotroski Portfolio](https://www.validea.com/joseph-piotroski)**About Joseph Piotroski**: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 10.7919
Stock Price 2 days before: 10.9197
Stock Price 1 day before: 10.9829
Stock Price at release: 11.0279
Risk-Free Rate at release: 0.0527
| 11.8232 |
Symbol: PSFE
Security: Paysafe Limited
Related Stocks/Topics: RPAY|Markets|NNDM|ZUO|ZS
Title: Validea's Top 5 Information Technology Stocks Based On Joseph Piotroski - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Book/Market Investor](https://www.validea.com/book-market-investor-portfolio/joseph-piotroski) model based on the published strategy of [Joseph Piotroski](https://www.validea.com/joseph-piotroski). This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. **REPAY HOLDINGS CORP ([RPAY](https://www.nasdaq.com/market-activity/stocks/RPAY)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Repay Holdings Corporation is a payments technology company. The Company provides integrated payment processing solutions to industry-oriented markets in which clients have specific transaction processing needs. Its segments include Consumer Payments and Business Payments. The Consumer Payments segment provides payment processing solutions, including debit and credit card processing, Automated Clearing House (ACH) processing and other electronic payment acceptance solutions, as well as its loan disbursement product that enable its clients to collect payments and disburse funds to consumers and includes its clearing and settlement solutions (RCS) and Blue Cow Software business (BCS). Business Payments segment provides payment processing solutions, including accounts payable automation, debit and credit card processing, virtual credit card processing, ACH processing and other electronic payment acceptance solutions that enable its clients to collect or send payments to other businesses.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CHANGE IN RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & PASS \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of REPAY HOLDINGS CORP [RPAY Guru Analysis](https://www.validea.com/guru-analysis/rpay)[RPAY Fundamental Analysis](https://www.validea.com/factor-report/rpay)**NANO DIMENSION LTD - ADR ([NNDM](https://www.nasdaq.com/market-activity/stocks/NNDM)))** is a small-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nano Dimension Ltd, former ZBI Ltd, is an Israel-based company active in the technology sector. The Company operates as a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). Its portfolio solutions ranging from Additively Manufactured Electronics (AME), Printed Electronics (PE), Micro Additive Manufacturing, Artificial Intelligence (AI) deep learning, Surface-Mount Technology SMT Pick-and-Place, and inkjet solutions. Products portfolio consists products such as, DragonFly IV advanced 3D printing, Admatec 3D printers, AME materials, Versatile High Speed Dispensing Solutions, Production SMD software, Full Convection Reflow Ovens, Global Inkjet Systems, DeepCube, Fabrica 2.0 and Fabrica Micro-AM Materials among others. The Company targets a range of industry sectors, such as smart electronic devices that rely on printed circuit boards, connected devices, Radio Frequency (RF) components and antennas, sensors, and smart products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of NANO DIMENSION LTD - ADR [NNDM Guru Analysis](https://www.validea.com/guru-analysis/nndm)[NNDM Fundamental Analysis](https://www.validea.com/factor-report/nndm)**PAYSAFE LTD ([PSFE](https://www.nasdaq.com/market-activity/stocks/PSFE)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paysafe Limited is a United Kingdom-based specialized payments platform. The Company's purpose is to enable businesses and consumers to connect and transact through various capabilities in payment processing, digital wallet, and online cash solutions. Its segments include Merchant Solutions and Digital Wallets. The Company's products include Cash Online, Digital Wallets, Integrated Payments, Online Payments, 3DS 2 Integration, Embedded Wallets, Payouts and Point of Sale. It connects businesses and consumers across more than 250 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Its brands include INCOME access, paysafecard, Paysafe:cash, viacash, NETELLER, PCS, and Skrill. The Company serves industries, including crypto, education, retail, petroleum, and property management, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of PAYSAFE LTD [PSFE Guru Analysis](https://www.validea.com/guru-analysis/psfe)[PSFE Fundamental Analysis](https://www.validea.com/factor-report/psfe)**ZUORA INC ([ZUO](https://www.nasdaq.com/market-activity/stocks/ZUO)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zuora, Inc. provides a cloud-based subscription management platform. The Company's solutions enable companies across multiple industries and geographies to launch, manage and scale a subscription business, automating the quote-to-cash and revenue recognition process, including quoting, billing, collections and revenue recognition. Its solution includes Zuora Platform, Zuora Billing, Zuora Revenue, and Zephr. Its Zuora Platform acts as an orchestration engine for all subscription data and processes. Zuora Billing helps users to set payment terms, manage billing relationships, consolidate invoicing across multiple subscriptions, and tax transactions. Zuora Revenue is a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams. Zephr is a digital subscriber experience platform that helps companies, including those in the digital publishing and media industry. The Company's solutions also include Zuora Collect and other software.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & FAIL \\ \hline \end{table} Detailed Analysis of ZUORA INC [ZUO Guru Analysis](https://www.validea.com/guru-analysis/zuo)[ZUO Fundamental Analysis](https://www.validea.com/factor-report/zuo)**ZSCALER INC ([ZS](https://www.nasdaq.com/market-activity/stocks/ZS)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zscaler, Inc. (Zscaler) is a cloud security company that has developed a platform incorporating security functionalities needed to enable access to cloud resources based on identity, context, and organization policies. Its solution is a multi-tenant, distributed cloud platform that secures user-to-app, app-to-app, and machine-to-machine communications over various networks and locations. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. Its Zero Trust Exchange is a cloud-native security platform that protects various customers from cyberattacks and data loss by connecting users, devices, and applications in any location. The Company's cloud services include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX).The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & PASS \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of ZSCALER INC [ZS Guru Analysis](https://www.validea.com/guru-analysis/zs)[ZS Fundamental Analysis](https://www.validea.com/factor-report/zs)[Joseph Piotroski Portfolio](https://www.validea.com/joseph-piotroski)**About Joseph Piotroski**: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 9.86193
Stock Price 2 days before: 10.1385
Stock Price 1 day before: 0.517021
Stock Price at release: 9.80418
Risk-Free Rate at release: 0.0527
| 12.0327 |
Symbol: SABR
Security: Sabre Corporation
Related Stocks/Topics: HPE|Markets|RPD|FIVN|BAH
Title: Validea's Top 5 Information Technology Stocks Based On Joel Greenblatt - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Earnings Yield Investor](https://www.validea.com/earnings-yield-investor-portfolio/joel-greenblatt) model based on the published strategy of [Joel Greenblatt](https://www.validea.com/joel-greenblatt). This value model looks for companies with high return on capital and earnings yields. **HEWLETT PACKARD ENTERPRISE CO ([HPE](https://www.nasdaq.com/market-activity/stocks/HPE)))** is a large-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Joel Greenblatt is 20% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Hewlett Packard Enterprise Company ([HPE](https://www.nasdaq.com/market-activity/stocks/HPE))) is a technology company focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The Company operates through six segments: Compute, High Performance Computing & Artificial Intelligence (HPC & AI), Storage, Intelligent Edge, Financial Services (FS), and Corporate Investments and Other. Its Compute segments includes both general purpose servers for multi-workload computing and workload-optimized servers to deliver performance and value for applications. Its HPC & AI segment offers integrated systems comprised of software and hardware designed to address high-performance computing (HPC), artificial intelligence (AI), data analytics, and transaction processing workloads for customers globally. Intelligent Edge segment offers wired and wireless local area network (LAN), campus and data center switching, software-defined wide-area-network, network security, and associated services.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of HEWLETT PACKARD ENTERPRISE CO [HPE Guru Analysis](https://www.validea.com/guru-analysis/hpe)[HPE Fundamental Analysis](https://www.validea.com/factor-report/hpe)**RAPID7 INC ([RPD](https://www.nasdaq.com/market-activity/stocks/RPD)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Rapid7, Inc. is engaged in advancing security with visibility, analytics, and automation delivered through its Insight Platform. Its Insight Platform solutions include incident detection and response, cloud security, vulnerability risk management, application security, threat intelligence and security orchestration and automation response. It offers its Insight Platform solutions as software-as-a-service products, on a subscription basis. It provides cloud products across the main pillars of Security Operations (SecOps), which include InsightIDR, InsightCloudSec, InsightVM, InsightAppSec and InsightConnect. Its other products include Threat Intelligence, Nexpose, AppSpider and Metasploit. Its professional service offerings include Penetration Testing, Cybersecurity Maturity Assessments, Security and Incident Response Program Development Services, Internet of things (IoT) and Internet Embedded Device testing, as well as Threat Modeling, TableTop Exercises and Incident Response services. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of RAPID7 INC [RPD Guru Analysis](https://www.validea.com/guru-analysis/rpd)[RPD Fundamental Analysis](https://www.validea.com/factor-report/rpd)**SABRE CORP ([SABR](https://www.nasdaq.com/market-activity/stocks/SABR)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Sabre Corporation is a software and technology company. It connects travel suppliers with travel buyers in a travel marketplace. It operates through two segments, namely Travel Solutions and Hospitality Solutions. Its Travel Solutions segment provides global travel solutions for travel suppliers and travel buyers through a business-to-business travel marketplace consisting of its global distribution system (GDS) and a set of solutions that integrate with its GDS to add value for travel suppliers and travel buyers. Its Travel Solutions segment also offers a portfolio of software technology products and solutions, through software-as-a-service and hosted delivery model, to airlines and other travel suppliers and provides industry software solutions that help its customers. The Company's Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. The Company serves approximately 42,000 properties in 177 countries.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of SABRE CORP [SABR Guru Analysis](https://www.validea.com/guru-analysis/sabr)[SABR Fundamental Analysis](https://www.validea.com/factor-report/sabr)**FIVE9 INC ([FIVN](https://www.nasdaq.com/market-activity/stocks/FIVN)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Company's purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales, and marketing functions. Five9's solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs). Five9's VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integration with enterprise applications, such as customer relationship management software, to optimize the customer experience and agent productivity. It provides its solution through a software as a service (SaaS) business model with recurring subscriptions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of FIVE9 INC [FIVN Guru Analysis](https://www.validea.com/guru-analysis/fivn)[FIVN Fundamental Analysis](https://www.validea.com/factor-report/fivn)**BOOZ ALLEN HAMILTON HOLDING CORPORATION ([BAH](https://www.nasdaq.com/market-activity/stocks/BAH)))** is a large-cap growth stock in the Business Services industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Booz Allen Hamilton Holding Corporation is a holding company. The Company provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to United States (US) and international governments, major corporations, and not-for-profit organizations. Its analytics service offering focuses on providing solutions the areas of artificial intelligence (AI), such as machine learning (ML), deep learning, data science, such as data engineering and predictive modeling, automation and decision analytics, and emerging areas, such as quantum computing. Its consulting service offering focuses on the talent and expertise needed to solve client problems and develop mission-oriented solutions for specific domains, business strategies, human capital, and operations through new approaches. Its engineering solutions deliver engineering services and solutions to define, develop, implement, sustain, and modernize complex physical systems.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of BOOZ ALLEN HAMILTON HOLDING CORPORATION [BAH Guru Analysis](https://www.validea.com/guru-analysis/bah)[BAH Fundamental Analysis](https://www.validea.com/factor-report/bah)[Joel Greenblatt Portfolio](https://www.validea.com/joel-greenblatt)[Top Joel Greenblatt Stocks](https://www.validea.com/joel-greenblatt-stocks)**About Joel Greenblatt**: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two -- and only two -- fundamental variables. The "Magic Formula," as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500's 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 3.14196
Stock Price 2 days before: 3.27447
Stock Price 1 day before: 44.9592
Stock Price at release: 5.30707
Risk-Free Rate at release: 0.0527
| 4.13317 |
Symbol: SGH
Security: SMART Global Holdings, Inc.
Related Stocks/Topics: Markets|TASK|COHR|ADSK|FOUR
Title: Validea's Top 5 Information Technology Stocks Based On John Neff - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Low PE Investor](https://www.validea.com/low-pe-investor-portfolio/john-neff) model based on the published strategy of [John Neff](https://www.validea.com/john-neff). This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield. **SMART GLOBAL HOLDINGS INC. ([SGH](https://www.nasdaq.com/market-activity/stocks/SGH)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**SMART Global Holdings, Inc. is engaged in the design and manufacture of specialty solutions for the computing, memory, and light emitting diode (LED) markets. The Company operates through three segments: Memory Solutions, Intelligent Platform Solutions (IPS) and LED Solutions. Its Memory Solutions, under its SMART Modular brand provides memory solutions through the design, development, and advanced packaging of extended lifecycle products. Its IPS group, under its Penguin Solutions brand, consists of two product lines, including Penguin Computing and Penguin Edge. Penguin Computing offers specialized platform solutions for computing, artificial intelligence, and machine learning. Penguin Edge offers solutions for embedded and wireless applications specializing in products for a range of customers in government, telecommunications, and health care. Its LED Solutions group, under its Cree LED brand, offers a range of portfolio of application-optimized LEDs.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of SMART GLOBAL HOLDINGS INC.[SGH Guru Analysis](https://www.validea.com/guru-analysis/sgh)[SGH Fundamental Analysis](https://www.validea.com/factor-report/sgh)**TASKUS INC ([TASK](https://www.nasdaq.com/market-activity/stocks/TASK)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TaskUs, Inc. is a provider of outsourced digital services. The Company is focused on serving high-growth technology companies to represent, protect and grow their brands. The Company's global, omni-channel delivery model is focused on providing its clients with three key services: Digital Customer Experience, Content Security and Artificial Intelligence (AI) Services. Digital Customer Experience consists of omni-channel customer care services primarily delivered through digital (non-voice) channels. Content Security principally consists of review and disposition of user and advertiser generated content for purposes, which include removal or labelling of policy violating, offensive or misleading content. AI Services consists of data labelling, annotation and transcription services performed for the purpose of training and tuning AI algorithms through the process of machine learning. It has clients spanning various industry segments within social media, e-commerce, gaming, and others. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of TASKUS INC [TASK Guru Analysis](https://www.validea.com/guru-analysis/task)[TASK Fundamental Analysis](https://www.validea.com/factor-report/task)**COHERENT CORP ([COHR](https://www.nasdaq.com/market-activity/stocks/COHR)))** is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on John Neff is 21% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Coherent Corp., formerly II-VI Incorporated, is an integrated manufacturing company. The Company's products include optical communications, optoelectronic devices, optics and laser systems. The optical communications products include optical transceivers, active optical cables, optical engines, communication components, wavelength management and optical instrumentation. The optoelectronic device products include HPL bars and stacks, HPL SE pumps and seeds, GaAs optoelectronics, InP optoelectronics and lasers for sensing. The Optics include industrial laser optics, thermal imaging optics, life sciences optics, all-purpose optics and optical materials. The laser systems include laser cutting, laser micromachining, laser lapping and mono-diamond cutting. The Company's other products include laser processing tools, laser components, electronic devices, epitaxy and ion implantation, wide-bandgap electronics, thermos electrics, ceramics and metal matrix composites, and engineered materials.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & PASS \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & FAIL \\ \hline \end{table} Detailed Analysis of COHERENT CORP [COHR Guru Analysis](https://www.validea.com/guru-analysis/cohr)[COHR Fundamental Analysis](https://www.validea.com/factor-report/cohr)**AUTODESK INC ([ADSK](https://www.nasdaq.com/market-activity/stocks/ADSK)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on John Neff is 4% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Autodesk, Inc. is engaged in three-dimensional (3D) design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media and entertainment. Its product offerings are focused on four primary product families: Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment. Its products include AutoCAD Civil 3D; Building Connected; Architecture, Engineering and Construction Collection; Autodesk Build; Revit; AutoCAD; AutoCAD LT; Computer-Aided Manufacturing (CAM) Solutions; Fusion 360; Product Design and Manufacturing Collection; Inventor; Vault; Media and Entertainment Collection; Maya; ShotGrid, and 3ds Max. Its product development and manufacturing software provides manufacturers in automotive, transportation, industrial machinery, consumer products, and building product industries with digital design, engineering, manufacturing, and production solutions.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & FAIL \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & PASS \\ \hline \end{table} Detailed Analysis of AUTODESK INC [ADSK Guru Analysis](https://www.validea.com/guru-analysis/adsk)[ADSK Fundamental Analysis](https://www.validea.com/factor-report/adsk)**SHIFT4 PAYMENTS INC ([FOUR](https://www.nasdaq.com/market-activity/stocks/FOUR)))** is a mid-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on John Neff is 4% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Shift4 Payments, Inc. is an independent provider of software and payment processing solutions in the United States. The Company's merchant range in size from small owner-operated local businesses to multinational enterprises conducting commerce throughout the world. It distributes its services through a scaled network of seasoned internal sales and support teams, as well as through its network of software partners. The Company's software partners are comprised of independent software vendors (ISVs) and value-added resellers (VARs). It offers a single integration to an international end-to-end payment offering, a proprietary gateway and a robust suite of technology solutions to enhance the value of their software and simplify payment acceptance. Its payments platform is a full suite of integrated payment products and services that can be used across multiple channels, geographies and industry verticals, including end-to-end payment processing for a range of payment types; and other.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline EPS GROWTH: & FAIL \\ \hline FUTURE EPS GROWTH: & FAIL \\ \hline SALES GROWTH: & FAIL \\ \hline TOTAL RETURN/PE: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline EPS PERSISTENCE: & PASS \\ \hline \end{table} Detailed Analysis of SHIFT4 PAYMENTS INC [FOUR Guru Analysis](https://www.validea.com/guru-analysis/four)[FOUR Fundamental Analysis](https://www.validea.com/factor-report/four)[John Neff Portfolio](https://www.validea.com/john-neff)**About John Neff**: While known as the manager with whom many top managers entrusted their own money, Neff was far from the smooth-talking, high-profile Wall Streeter you might expect. He was mild-mannered and low-key, and the same might be said of the Windsor Fund that he managed for more than three decades. In fact, Neff himself described the fund as "relatively prosaic, dull, [and] conservative." There was nothing dull about his results, however. From 1964 to 1995, Neff guided Windsor to a 13.7 percent average annual return, easily outpacing the S&P 500's 10.6 percent return during that time. That 3.1 percentage point difference is huge over time -- a $10,000 investment in Windsor (with dividends reinvested) at the start of Neff's tenure would have ended up as more than $564,000 by the time he retired, more than twice what the same investment in the S&P would have yielded (about $233,000). Considering the length of his tenure, that track record may be the best ever for a manager of such a large fund. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 26.5016
Stock Price 2 days before: 27.1786
Stock Price 1 day before: 29.6791
Stock Price at release: 29.0317
Risk-Free Rate at release: 0.0527
| 26.8181 |
Symbol: NNDM
Security: Nano Dimension Ltd.
Related Stocks/Topics: RPAY|Markets|PSFE|ZUO|ZS
Title: Validea's Top 5 Information Technology Stocks Based On Joseph Piotroski - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Book/Market Investor](https://www.validea.com/book-market-investor-portfolio/joseph-piotroski) model based on the published strategy of [Joseph Piotroski](https://www.validea.com/joseph-piotroski). This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. **REPAY HOLDINGS CORP ([RPAY](https://www.nasdaq.com/market-activity/stocks/RPAY)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Repay Holdings Corporation is a payments technology company. The Company provides integrated payment processing solutions to industry-oriented markets in which clients have specific transaction processing needs. Its segments include Consumer Payments and Business Payments. The Consumer Payments segment provides payment processing solutions, including debit and credit card processing, Automated Clearing House (ACH) processing and other electronic payment acceptance solutions, as well as its loan disbursement product that enable its clients to collect payments and disburse funds to consumers and includes its clearing and settlement solutions (RCS) and Blue Cow Software business (BCS). Business Payments segment provides payment processing solutions, including accounts payable automation, debit and credit card processing, virtual credit card processing, ACH processing and other electronic payment acceptance solutions that enable its clients to collect or send payments to other businesses.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CHANGE IN RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & PASS \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of REPAY HOLDINGS CORP [RPAY Guru Analysis](https://www.validea.com/guru-analysis/rpay)[RPAY Fundamental Analysis](https://www.validea.com/factor-report/rpay)**NANO DIMENSION LTD - ADR ([NNDM](https://www.nasdaq.com/market-activity/stocks/NNDM)))** is a small-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nano Dimension Ltd, former ZBI Ltd, is an Israel-based company active in the technology sector. The Company operates as a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). Its portfolio solutions ranging from Additively Manufactured Electronics (AME), Printed Electronics (PE), Micro Additive Manufacturing, Artificial Intelligence (AI) deep learning, Surface-Mount Technology SMT Pick-and-Place, and inkjet solutions. Products portfolio consists products such as, DragonFly IV advanced 3D printing, Admatec 3D printers, AME materials, Versatile High Speed Dispensing Solutions, Production SMD software, Full Convection Reflow Ovens, Global Inkjet Systems, DeepCube, Fabrica 2.0 and Fabrica Micro-AM Materials among others. The Company targets a range of industry sectors, such as smart electronic devices that rely on printed circuit boards, connected devices, Radio Frequency (RF) components and antennas, sensors, and smart products. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of NANO DIMENSION LTD - ADR [NNDM Guru Analysis](https://www.validea.com/guru-analysis/nndm)[NNDM Fundamental Analysis](https://www.validea.com/factor-report/nndm)**PAYSAFE LTD ([PSFE](https://www.nasdaq.com/market-activity/stocks/PSFE)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Joseph Piotroski is 40% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paysafe Limited is a United Kingdom-based specialized payments platform. The Company's purpose is to enable businesses and consumers to connect and transact through various capabilities in payment processing, digital wallet, and online cash solutions. Its segments include Merchant Solutions and Digital Wallets. The Company's products include Cash Online, Digital Wallets, Integrated Payments, Online Payments, 3DS 2 Integration, Embedded Wallets, Payouts and Point of Sale. It connects businesses and consumers across more than 250 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Its brands include INCOME access, paysafecard, Paysafe:cash, viacash, NETELLER, PCS, and Skrill. The Company serves industries, including crypto, education, retail, petroleum, and property management, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of PAYSAFE LTD [PSFE Guru Analysis](https://www.validea.com/guru-analysis/psfe)[PSFE Fundamental Analysis](https://www.validea.com/factor-report/psfe)**ZUORA INC ([ZUO](https://www.nasdaq.com/market-activity/stocks/ZUO)))** is a small-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zuora, Inc. provides a cloud-based subscription management platform. The Company's solutions enable companies across multiple industries and geographies to launch, manage and scale a subscription business, automating the quote-to-cash and revenue recognition process, including quoting, billing, collections and revenue recognition. Its solution includes Zuora Platform, Zuora Billing, Zuora Revenue, and Zephr. Its Zuora Platform acts as an orchestration engine for all subscription data and processes. Zuora Billing helps users to set payment terms, manage billing relationships, consolidate invoicing across multiple subscriptions, and tax transactions. Zuora Revenue is a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams. Zephr is a digital subscriber experience platform that helps companies, including those in the digital publishing and media industry. The Company's solutions also include Zuora Collect and other software.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & FAIL \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & PASS \\ \hline CHANGE IN ASSET TURNOVER: & FAIL \\ \hline \end{table} Detailed Analysis of ZUORA INC [ZUO Guru Analysis](https://www.validea.com/guru-analysis/zuo)[ZUO Fundamental Analysis](https://www.validea.com/factor-report/zuo)**ZSCALER INC ([ZS](https://www.nasdaq.com/market-activity/stocks/ZS)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Joseph Piotroski is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Zscaler, Inc. (Zscaler) is a cloud security company that has developed a platform incorporating security functionalities needed to enable access to cloud resources based on identity, context, and organization policies. Its solution is a multi-tenant, distributed cloud platform that secures user-to-app, app-to-app, and machine-to-machine communications over various networks and locations. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. Its Zero Trust Exchange is a cloud-native security platform that protects various customers from cyberattacks and data loss by connecting users, devices, and applications in any location. The Company's cloud services include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX).The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & FAIL \\ \hline RETURN ON ASSETS: & FAIL \\ \hline CHANGE IN RETURN ON ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & PASS \\ \hline CHANGE IN CURRENT RATIO: & FAIL \\ \hline CHANGE IN SHARES OUTSTANDING: & FAIL \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} Detailed Analysis of ZSCALER INC [ZS Guru Analysis](https://www.validea.com/guru-analysis/zs)[ZS Fundamental Analysis](https://www.validea.com/factor-report/zs)[Joseph Piotroski Portfolio](https://www.validea.com/joseph-piotroski)**About Joseph Piotroski**: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 2.30581
Stock Price 2 days before: 2.72872
Stock Price 1 day before: 2.89114
Stock Price at release: 2.90634
Risk-Free Rate at release: 0.0527
| 3.07456 |
Symbol: OSPN
Security: OneSpan Inc.
Related Stocks/Topics: CSR|Markets|ARLO|NABL|SQ
Title: Validea's Top 5 Information Technology Stocks Based On Martin Zweig - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Growth Investor](https://www.validea.com/growth-investor-portfolio/martin-zweig) model based on the published strategy of [Martin Zweig](https://www.validea.com/martin-zweig). This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. **CENTERSPACE ([CSR](https://www.nasdaq.com/market-activity/stocks/CSR)))** is a small-cap growth stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 43% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Centerspace is a real estate investment trust (REIT). The Company is focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. The Company owns approximately 84 apartment communities, containing 15,065 homes. The Company conducts its daily business operations primarily through its operating partnership, Centerspace, LP, (the Operating Partnership). It owns properties in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its properties include Lyra Apartments, Lugano At Cherry Creek, Civic Lofts, Westend, Dylan At RiNo, Parkhouse Apartment Homes, Union Pointe, The Donovan Apartment Homes, Thomasbrook Apartments, Lakeside Village Apartment Homes, Cimarron Hills Apartments, Greenfield and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & FAIL \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of CENTERSPACE [CSR Guru Analysis](https://www.validea.com/guru-analysis/csr)[CSR Fundamental Analysis](https://www.validea.com/factor-report/csr)**ARLO TECHNOLOGIES INC ([ARLO](https://www.nasdaq.com/market-activity/stocks/ARLO)))** is a small-cap growth stock in the Audio & Video Equipment industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Arlo Technologies, Inc. is engaged in combining the intelligent cloud infrastructure and mobile apps with a variety of smart connected devices, which transform the way people experience the connected lifestyle. The Company is engaged in product designing, wireless connectivity, cloud infrastructure and cutting-edge artificial intelligent (AI) capabilities focused on delivering a seamless, smart home experience for its users. The Company's products include Smart Connected Devices, Arlo Home Security System, Arlo Pro 5S, Arlo Go 2, Arlo Video Doorbell, Arlo Floodlight Camera, Arlo Ultra 2, Arlo Essential, Arlo Essential Video Doorbell, Arlo Pro 4, Arlo Essential Indoor and Arlo Go 2 LTE/Wi-Fi Security Camera. The Company's cloud-based platform provides users with visibility, insight means to help protect and connect in real-time with the people and things that matter, from any location with a wireless fidelity (Wi-Fi) or a cellular connection. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ARLO TECHNOLOGIES INC [ARLO Guru Analysis](https://www.validea.com/guru-analysis/arlo)[ARLO Fundamental Analysis](https://www.validea.com/factor-report/arlo)**N-ABLE INC ([NABL](https://www.nasdaq.com/market-activity/stocks/NABL)))** is a mid-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Martin Zweig is 31% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Company's platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. It also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of N-ABLE INC [NABL Guru Analysis](https://www.validea.com/guru-analysis/nabl)[NABL Fundamental Analysis](https://www.validea.com/factor-report/nabl)**ONESPAN INC ([OSPN](https://www.nasdaq.com/market-activity/stocks/OSPN)))** is a small-cap growth stock in the Computer Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**OneSpan Inc. is a provider of identity and authentication security, as well as enterprise-grade electronic signature (e-signature) solutions. The Company has two segments. Digital Agreements segment consists of solutions that enable its clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation and compliance. These solutions include OneSpan Sign e-signature solution, OneSpan Notary and Virtual Room solutions. Security Solutions segment consist of its portfolio of software products and/or software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices and applications. These solutions include identity verification, multi-factor authentication and transaction signing, such as mobile application security, mobile software tokens, and Digipass authenticators that are not cloud-connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ONESPAN INC [OSPN Guru Analysis](https://www.validea.com/guru-analysis/ospn)[OSPN Fundamental Analysis](https://www.validea.com/factor-report/ospn)**BLOCK INC ([SQ](https://www.nasdaq.com/market-activity/stocks/SQ)))** is a large-cap growth stock in the Consumer Financial Services industry. The rating according to our strategy based on Martin Zweig is 23% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. The Square segment enables businesses (sellers) to accept card payments, which provides products and services to help its sellers start, run, and grow their businesses. It combines software, hardware, and financial services to create products and services that are self-serve. The Cash App segment provides an ecosystem of financial products and services to help consumers manage their money. It provides an ecosystem of financial services focused on helping consumers make their money go further by storing, sending, receiving, spending, or investing their money with Cash App. The Company's TIDAL is a global platform for musicians and their fans that uses content, experiences, and features to bring fans closer to artists. Its bitcoin ecosystem includes Spiral, an independent team focused on contributing to bitcoin's open-source work.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & FAIL \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline \end{table} Detailed Analysis of BLOCK INC [SQ Guru Analysis](https://www.validea.com/guru-analysis/sq)[SQ Fundamental Analysis](https://www.validea.com/factor-report/sq)[Martin Zweig Portfolio](https://www.validea.com/martin-zweig)**About Martin Zweig**: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 14.3072
Stock Price 2 days before: 14.9525
Stock Price 1 day before: 14.8359
Stock Price at release: 14.7451
Risk-Free Rate at release: 0.0527
| 13.764 |
Symbol: CRSR
Security: Corsair Gaming, Inc.
Related Stocks/Topics: ADTN|Markets|KC|XPER|TWLO
Title: Validea's Top 5 Information Technology Stocks Based On Kenneth Fisher - 7/2/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-02 18:29:00
Article: The following are the top rated Information Technology stocks according to Validea's [Price/Sales Investor](https://www.validea.com/price-sales-investor-portfolio/kenneth-fisher) model based on the published strategy of [Kenneth Fisher](https://www.validea.com/kenneth-fisher). This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. **ADTRAN HOLDINGS INC ([ADTN](https://www.nasdaq.com/market-activity/stocks/ADTN)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & PASS \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of ADTRAN HOLDINGS INC [ADTN Guru Analysis](https://www.validea.com/guru-analysis/adtn)[ADTN Fundamental Analysis](https://www.validea.com/factor-report/adtn)**KINGSOFT CLOUD HOLDINGS LTD (ADR) ([KC](https://www.nasdaq.com/market-activity/stocks/KC)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Kingsoft Cloud Holdings Ltd is a China-based company mainly engaged in independent cloud services. The Company provide a full suite of cloud products combining unified IaaS infrastructure and PaaS middleware, and tailored business applications which support a wide range of use cases that enable customers' diverse business objectives. The Company also offer solutions in a holistic approach, by merging cloud solutions with dedicated customer services. The Company's end-to-end customer services cover planning, solution development, fulfillment and deployment, as well as ongoing maintenance and upgrade. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of KINGSOFT CLOUD HOLDINGS LTD (ADR)[KC Guru Analysis](https://www.validea.com/guru-analysis/kc)[KC Fundamental Analysis](https://www.validea.com/factor-report/kc)**XPERI INC ([XPER](https://www.nasdaq.com/market-activity/stocks/XPER)))** is a small-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Kenneth Fisher is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xperi Inc. is a consumer and entertainment technology company. The Company invents, develops, and delivers technologies that are integrated into a variety of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. It operates through four business categories: Pay-TV, Consumer Electronics, Connected Car and Media Platform. Pay-TV transforms the traditional television user experience from linear multi-channel video program distribution (MVPD) to cloud-based digital video recordings (DVRs). Its Consumer Electronics business provides technology solutions delivered to its customers to enhance their entertainment experience in the home and on-the-go. Its Connected Car transforms the automotive experience through multimedia and personalization to the connected car. Its Media Platform provides technology that enables consumers to find, watch, and enjoy their favorite media entertainment on connected devices.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of XPERI INC [XPER Guru Analysis](https://www.validea.com/guru-analysis/xper)[XPER Fundamental Analysis](https://www.validea.com/factor-report/xper)**CORSAIR GAMING INC ([CRSR](https://www.nasdaq.com/market-activity/stocks/CRSR)))** is a small-cap growth stock in the Computer Hardware industry. The rating according to our strategy based on Kenneth Fisher is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Corsair Gaming Inc. is a provider and innovator of high-performance gear for gamers, streamers and content creators. The Company's personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The Company operates through two segments: Gamer and creator peripherals, and Gaming components and systems. Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming gear, which includes capture cards, Stream Decks, Universal Serial Bus (USB) microphones, Facecam streaming camera, studio accessories, and EpocCam software, as well as coaching and training services, among others. Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & FAIL \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & PASS \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of CORSAIR GAMING INC [CRSR Guru Analysis](https://www.validea.com/guru-analysis/crsr)[CRSR Fundamental Analysis](https://www.validea.com/factor-report/crsr)**TWILIO INC ([TWLO](https://www.nasdaq.com/market-activity/stocks/TWLO)))** is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Kenneth Fisher is 48% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Twilio Inc. offers cloud communications platform, which enables developers to build, scale, and deploy real-time communications within software applications. The Company provides customer engagement platform (CEP), which comprises a suite of flexible software and communications solutions that allow businesses to deliver trusted and engaging customer experiences at scale. Its application programming interfaces (APIs) and software products include Twilio Flex and Twilio Engage. It operates through two business units: Twilio Communications and Twilio Data & Applications. Its communications solutions consist of customizable APIs and products that can be used individually or in combination to build contextual communications within applications. Its communication products include Twilio Programmable Messaging (MessagingX), Twilio Programmable Voice, Twilio SendGrid Email API and Twilio Verify. Its data and applications products include Twilio Segment, Twilio Engage and Twilio Flex.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & FAIL \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & FAIL \\ \hline \end{table} Detailed Analysis of TWILIO INC [TWLO Guru Analysis](https://www.validea.com/guru-analysis/twlo)[TWLO Fundamental Analysis](https://www.validea.com/factor-report/twlo)[Kenneth Fisher Portfolio](https://www.validea.com/kenneth-fisher)**About Kenneth Fisher**: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 17.2738
Stock Price 2 days before: 17.6234
Stock Price 1 day before: 17.6606
Stock Price at release: 17.6834
Risk-Free Rate at release: 0.0527
| 18.2357 |
Symbol: CARS
Security: Cars.com Inc.
Related Stocks/Topics: CARG|Stocks
Title: ‘Safe Place in Uneven Macro’: J.P. Morgan Sees Multi-Year Revenue Growth for Auto Marketplace Platforms — Here Are 2 Stocks to Take Advantage
Type: News
Publication: TipRanks
Publication Author: Michael Marcus
Date: 2023-07-02 22:53:00
Article: [](https://tipranksblog.wpenginepowered.com/wp-content/uploads/2023/07/shutterstock_1638523213.jpg) Gasoline or electric, large or small, new or used – no matter what particular model you’re looking for, no matter what you drive or for what reason, cars are here to stay. However, it's not just about the cars themselves. The automotive industry is a dynamic ecosystem that is constantly evolving. From the continuous advancements in vehicle technology to the ever-changing preferences of car buyers, and the adaptability of car dealers, the entire ecosystem is in a constant state of flux.Writing from banking giant J.P. Morgan, industry expert and 5-star analyst Rajat Gupta takes the measure of the automotive marketplace, the network of online sites and platforms where buyers and sellers can connect, advertise and display their vehicles, and execute their transactions. Gupta sees the online auto marketplace companies as a safe haven for investors right now, given “undemanding valuation and some cyclical support as new car inventory builds and both dealers and consumers look to get increasingly efficient in buying and selling vehicles.” According to Gupta, these firms check many boxes, such as, “1) asset-light; 2) right side of cycle; 3) SaaS-like revenue streams; 4) flexible opex (as seen during the pandemic); 5) generative AI applications, internally, and externally; 5) stable earnings and FCF growth in the near to medium term; 6) balance sheet leverage within bounds; 7) not shy of buybacks; and 8) undemanding valuation.”So, let’s take a look at two of the automotive marketplace stocks that Gupta is recommending for investors right now. These are Buy-rated equities, and Gupta sees a long-term growth story for both. We’ve opened up the [TipRanks database](https://www.tipranks.com/) to look ‘under the hood’; here are the details. **CarGurus, Inc.** **([CARG](https://www.nasdaq.com/market-activity/stocks/carg)))**We'll start with CarGurus, an international online platform for buying and selling automobiles, both new and used. The platform includes e-commerce space with industry-leading digital retail solutions and, for wholesalers, the online CarOffer system. CarGurus makes use of sophisticated algorithms and data analytics to make it easy for sellers to list vehicles and buyers to search for them, sorting their search results by a variety of relevant data points: price, mileage, options, accident history, pre-owned certification status, location, and even dealer reputation.Some of CarGurus’ key metrics will give an indication of the company’s size and scope. As of the end of 1Q23, the company could boast nearly 31,300 paying dealers online, along with 39 million average monthly unique visitors to the site.Last year, the firm’s revenue total hit $1.655 billion, for a 74% year-over-year increase. However, the first quarter of 2023 reflects more difficult times. Nevertheless, while showing a y/y reduction at the top line, the figure beat the analysts’ forecast. The company registered $232 million in quarterly revenues, a total that was down 46% from the prior-year quarter but was $16.9 million better than had been expected. The company’s bottom line result, of 26 cents per share by non-GAAP measures, was a full 10 cents per share ahead of the forecast. Investors were also pleased by CarGurus’ Q2 revenue guidance, which is expected in the range of $220 million to $240 million, or $230 million at the midpoint; this gave a favorable comparison to the analysts’ $228.34 million guidance estimates. The stock jumped after the 1Q23 quarterly release and year-to-date, shares in CARG are up approximately 61%.For top analyst Gupta, CarGurus’ overall market position indicates solid prospects, and he believes that those prospects will only get better as the vehicle market moves toward a normal balance. Gupta writes, “We believe CarGurus is cyclically well positioned, especially within the auto retail ecosystem, as new vehicle supply/demand imbalance normalization should prompt a recovery in dealer ad spend, coupled with potential upside to forward estimates from a quicker-than-expected ramp-up in CarOffer wholesale and C2D volumes amidst broader wholesale market recovery.”These comments back Gupta’s Overweight (i.e. Buy) rating for the stock, and his price target, of $29, implies an upside potential of 28% in the next 12 months. (To watch Gupta’s track record, [click here](https://www.tipranks.com/experts/analysts/rajat-gupta-cfa).) Overall, CarGurus gets a Moderate Buy consensus rating from the Street’s analysts, based on 9 recent reviews that break down 6 to 3 in favor of the Buys over Holds. (See [CarGurus stock forecast](https://www.nasdaq.com/market-activity/stocks/carg))[](https://www.tipranks.com/stocks/carg/forecast)**Cars.com, Inc.** **([CARS](https://www.tipranks.com/stocks/cars/stock-analysis)))** The second stock we’ll look at, CARS, has a long history in the tech world. Cars.com got started in 1998, was part of the original dot.com bubble in the late ‘90s, and survived the bubble burst to emerge on the cutting edge of the online automotive marketplace. Cars.com brings a set of digital tools, particularly data and data sorting, so that users can find the right car, from the right dealer, for the right price.Over the years, Cars.com has evolved, and today it encompasses a full portfolio of brands designed to drive the future of automotive online omni-channel retail. The brands can match buyers and sellers, across tens of millions of listed vehicles and original equipment parts across the US. The flagship brand, Cars.com, attracts more than 27 million in-market car shoppers every month. While the company focuses on facilitating car sales, it has also long catered to car fans generally, and its website has hosted an advice column from the popular Car Talk radio show for 25 years.Cars.com posted modest growth in 1Q23, showing a top line that increased 6% y/y to reach $167.1 million. That figure was $160,400 above expectations. In non-GAAP terms, the company had earnings of 43 cents per share, a figure that was 1-cent less than expected.The company saw a drop in cash flow for Q1, compared to the same quarter last year, due to a one-time tax refund transaction. At the same time, cash flow was sufficient to retire $15 million in debt from the revolving loan, and to return $7.2 million to stockholders through share repurchases.Cars.com also showed some strong online traffic numbers. The firm saw 164.8 million visits, or website traffic, in Q1, for an 11% y/y gain. Drilling down a bit, the average monthly unique visitors were 28.5 million strong, up 7% from the prior-year quarter. Looking ahead, the firm gave Q2 revenue guidance in the range of $168 million to $170 million. At the midpoint, this guidance suggests a slowdown in y/y revenue growth, to 3% to 4%. The company’s full-year 2023 revenue guidance is for 3% to 6% y/y growth.Turning to Gupta’s comments, we find him upbeat due to Cars.com’s ongoing changes as it opens up its brand portfolio to offer customers additional products. Gupta believes that these changes will expand the customer base going forward, and bring on new opportunities to grow. Describing this outlook, the analyst says, “While there is likely to be some near-term churn related to digital-only used car dealer cancellations and due to Cars.com’s ongoing price initiatives, we believe a favorable cyclical backdrop characterized by easing OEM supply and normalizing dealer advertising spend should allow Cars.com to tap into growth opportunities provided by its enhanced product suite, coupled with further upside potential as management expands into adjacencies to broaden its TAM.”Quantifying his stance, Gupta rates the stock as Overweight (i.e. Buy) and gives it a price target of $23, showing his confidence in a 16% upside potential on the one-year time frame.All in all, there are 5 recent analyst reviews of this stock – all positive, making the Strong Buy consensus rating unanimous. (See [CARS stock forecast](https://www.nasdaq.com/market-activity/stocks/cars)) [](https://www.tipranks.com/stocks/cars/forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ [Best Stocks to Buy](https://www.tipranks.com/stocks-to-buy), a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Stock Price 4 days before: 19.4814
Stock Price 2 days before: 19.7602
Stock Price 1 day before: 19.84
Stock Price at release: 19.8219
Risk-Free Rate at release: 0.0527
| 22.5887 |
Symbol: LXRX
Security: Lexicon Pharmaceuticals, Inc.
Related Stocks/Topics: Unknown
Title: Latest Sordid Tale of Tech Deal Insider Trading Reads Like Hollywood Pitch
Type: News
Publication: Fintel
Publication Author: Ben Ward
Date: 2023-07-03 03:37:00
Article: Here at Fintel, the data we compile on corporate insider buying activity is among the most frequently sought by the platform’s users. Our [dashboard charting the most significant insider activity](https://fintel.io/insiders/t?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17) over the last 90 days displays those companies sorted in a multi-factor quantitative model that identifies companies with the highest levels of insider accumulation.The scoring model uses a combination of the net number of insiders buying the prior 90 days, the total shares bought as a percentage of float, and the total shares owned by insiders. Yet it’s a case of the other type of insider trading that caught our eye in recent days.Researchers from University of Technology Sydney estimate that insider trading occurs in one in five M&A events and in one in 20 quarterly earnings announcements, [according to a 2021 study](https://www.uts.edu.au/news/business-law/how-much-insider-trading-really-happens-us-stock-markets#:~:text=They%20estimate%20that%20insider%20trading,than%20there%20are%20prosecution%20cases.) by academics Vinay Patel and Talis J. Putnins. “These estimates imply that there is at least four times more actual insider trading than there are prosecution cases,” reported the UTS Business School blog.The matter came to the fore on June 29, with the Securities and Exchange Commission (SEC) [ announcement of insider trading](https://www.sec.gov/news/press-release/2023-124) charges against New York broker Steven Teixeira and his accomplice, Jordan Meadow. **Unsuspecting Girlfriend** Teixeira, the once chief compliance officer of LianLian Global's U.S. arm, and Meadow, a [ Spartan Capital](https://fintel.io/i/spartan-fund-management-inc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17) executive, stand accused of turning their friendship into an insider trading enterprise. The duo allegedly used nonpublic information pilfered from Teixeira's unsuspecting girlfriend's laptop during the height of the COVID-19 pandemic.The allegations read like the screenplay of a Wall Street thriller. As per the SEC’s complaint, Teixeira breached trust and law by accessing his girlfriend's laptop while she was away during the workday. Employed as an executive assistant at a leading New York-based investment bank, she asked Teixeira to monitor her work email, unaware that this request would lead to a scandal of such magnitude. The plot thickens as the complaint alleges Teixeira used his purloined knowledge of upcoming tech mergers and acquisitions to purchase call options ahead of the announcements. These included the deals involving the $61 billion acquisition of **VMware (** [US:VMW](https://fintel.io/s/us/vmw?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** by** Broadcom (** [US:AVGO](https://fintel.io/s/us/avgo?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** in 2022, and [ Thoma Bravo's](https://fintel.io/i/thoma-bravo?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17) $12.3 billion deal to take **Proofpoint** private in 2021. The trades purportedly earned Teixeira some $28,600.But Teixeira's cunning didn't stop at self-enrichment. He shared the ill-gotten insights with his friend Meadow, who capitalized on the insider information to trade and provide guidance to his brokerage customers. These dealings earned Meadow a whopping $730,000 and generated millions in profits for his clients.Scott Thompson, the associate regional director of the SEC’s Philadelphia Regional Office, described the case as "brazen betrayals of trust." He added, "Our complaint alleges that Teixeira misappropriated information to make a quick buck, and Meadow was all too eager to use the information to line his pockets."The charges have been filed in the U.S. District Court for the Southern District of New York, seeking permanent injunctive relief, disgorgement with prejudgment interest, civil penalties, and bans on Teixeira and Meadow serving as officers or directors of public companies.Simultaneously, the U.S. Attorney’s Office for the Southern District of New York announced criminal charges against both men, escalating the severity of their predicament. The authors of the [University of Technology Sydney study](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3764192), estimate that the actual prevalence of illegal insider trading is at least four times greater than the number of prosecutions. **Typical Outperformers** There is ample evidence that suggests corporate insiders outperform the market when buying shares in their own companies.One study, [Trading Against the Grain: When Insiders Buy High and Sell Low](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3446396), which appeared in the November 2019 issue of the Journal of Portfolio Management, Ruihai Li, Wesley Wang, Zhipeng Yan and Qunzi Zhang did a deep dive into the trades of corporate insiders over the period from 1986-2017.Insider trades, particularly purchases, provide information as to future returns. Academics have also reported that insiders are frequently contrarian traders: they buy value stocks, sell growth stocks and sell stocks with high short-term past returns. So, with that in mind, what’s showing on the Fintel dashboard? For the just-ended second quarter, here are the top 10 stocks by insider sentiment score. - **Better Therapeutics (** [US:BTTX](https://fintel.io/s/us/bttx?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**has a score of 99.15 from five insiders buying stock - **Nogin (** [US:NOGN](https://fintel.io/s/us/nogn?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** has a score of 99.09 from six insiders buying stock - **Stran & Company (** [US:SWAG](https://fintel.io/s/us/swag?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** has a quant score of 99.00 with activity from six insiders - **SpringBig Holdings (** [US:SBIG](https://fintel.io/s/us/sbig?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**with a score 98.85 and six insiders making moves - **authID (** [US:AUID](https://fintel.io/s/us/auid?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** makes the cut with a score of 98.80 and five insiders buying shares - **Arena Group (** [US:AREN](https://fintel.io/s/us/aren?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**features with a score of 98.64 - **P3 Health Partners (** [US:PIII](https://fintel.io/s/us/piii?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**has a score of 98.40 - **DiaMedica Therapeutics (** [US:DMAC](https://fintel.io/s/us/dmac?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**makes our top ten with a score of 98.28 - **U.S. GoldMining (** [US:USGO](https://fintel.io/s/usgo?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)**has a score of 98.22 - **Lexicon Pharmaceuticals (** [US:LXRX](https://fintel.io/s/us/lxrx?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17)**)** 98.12. This story originally appeared on [Fintel](https://fintel.io/news/from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=from-bedroom-to-boardroom-the-sordid-tale-of-tech-deal-insider-trading-17).
Stock Price 4 days before: 2.25449
Stock Price 2 days before: 2.29745
Stock Price 1 day before: 2.29326
Stock Price at release: 2.29371
Risk-Free Rate at release: 0.0527
| 1.93785 |
Symbol: NKLA
Security: Nikola Corporation
Related Stocks/Topics: PCAR|Markets|TSLA
Title: An Industry Tesla May Struggle to Dominate (and a Better Stock to Buy Instead)
Type: News
Publication: The Motley Fool
Publication Author: Jason Hall
Date: 2023-07-03 05:13:00
Article: **Tesla** [(NASDAQ: TSLA)](https://www.nasdaq.com/market-activity/stocks/tsla) has changed the world of automobiles forever. It may struggle a lot more to crack the heavy-duty trucking market in the same way, with a handful of players holding dominant positions. Add in upstarts like **Nikola Motor** [(NASDAQ: NKLA)](https://www.nasdaq.com/market-activity/stocks/nkla) pushing hard with hydrogen-fueled trucks, and the competition will be fierce. Motley Fool contributors Jason Hall and Tyler Crowe break down why this big market could prove a tougher nut to crack, and why existing giant **PACCAR** [(NASDAQ: PCAR)](https://www.nasdaq.com/market-activity/stocks/pcar) should prove a better investment in EV trucking.*Stock prices used were from the afternoon of June 26, 2023. The video was published on July 3, 2023. **10 stocks we like better than Paccar** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2eafb6db-c117-4725-8467-dd38628d7373&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DPaccar&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=7ecd2e7d-521f-44dc-8beb-70d07980444c) for investors to buy right now... and Paccar wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=2eafb6db-c117-4725-8467-dd38628d7373&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DPaccar&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=7ecd2e7d-521f-44dc-8beb-70d07980444c)*Stock Advisor returns as of June 30, 2023[Sponsored Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:) [Sponsored Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:)[Promoted Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:) [Promoted Links](https://popup.taboola.com/en/?template=colorbox&utm_source=nasdaq-nasdaq&utm_medium=referral&utm_content=thumbnails-a-mid:Mid%20Article%20Thumbnails:)[](http://www.mnbasd77.com/aff_c?offer_id=2904&aff_id=2679&source=Bul&aff_sub=41581344&aff_sub2=nasdaq-nasdaq-1291813&aff_sub3=3974017124_Name&utm_source=taboola&utm_medium=referral&aff_sub5=GiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg&aff_sub4=gp_h&tblci=GiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg#tblciGiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg) [How Much Do Roofing Services Cost In 2024? HomeBuddy Learn More](http://www.mnbasd77.com/aff_c?offer_id=2904&aff_id=2679&source=Bul&aff_sub=41581344&aff_sub2=nasdaq-nasdaq-1291813&aff_sub3=3974017124_Name&utm_source=taboola&utm_medium=referral&aff_sub5=GiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg&aff_sub4=gp_h&tblci=GiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg#tblciGiAaPWpYcnSof1Bhw2eh_95R_RbEzWw39am54NG3LmhojiDq7l0o1M-L25m315weMKXsTg) Undo [Jason Hall](https://www.fool.com/author/2130/) has positions in Nikola. [Tyler Crowe](https://www.fool.com/author/2067/) has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/). Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through [their link](https://fool.com/thesmattering) they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Stock Price 4 days before: 1.17
Stock Price 2 days before: 1.38543
Stock Price 1 day before: 1.38625
Stock Price at release: 1.40245
Risk-Free Rate at release: 0.0527
| 3.03291 |
Symbol: BCRX
Security: BioCryst Pharmaceuticals, Inc.
Related Stocks/Topics: Stocks|MRNS
Title: Strength Seen in Marinus Pharmaceuticals (MRNS): Can Its 5.4% Jump Turn into More Strength?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-03 05:27:00
Article: Marinus Pharmaceuticals (MRNS) shares soared 5.4% in the last trading session to close at $10.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 42.7% gain over the past four weeks.The sudden surge in the stock price can be attributed to the positive momentum built around the company’s pipeline. Marinus is currently evaluating ganaxolone, in IV and oral formulations, for treating rare seizure disorders, including late-stage studies in tuberous sclerosis complex and refractory status epilepticus. Ganaxolone is the company's neuroactive steroid GABAA receptor modulator. An oral formulation of ganaxolone is already approved by the FDA for the treatment of seizures associated with CDKL5 deficiency disorder in patients two years of age and older. It is marketed in the United States under the brand name Ztalmy. This epilepsy drug developer is expected to post quarterly loss of $0.76 per share in its upcoming report, which represents a year-over-year change of +28.3%. Revenues are expected to be $5.14 million, up 187% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Marinus Pharmaceuticals, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on MRNS going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) Marinus Pharmaceuticals is part of the Zacks Medical - Drugs industry. BioCryst Pharmaceuticals (BCRX), another stock in the same industry, closed the last trading session 1.2% higher at $7.04. BCRX has returned -17% in the past month. For BioCryst, the consensus EPS estimate for the upcoming report has changed +3.9% over the past month to -$0.25. This represents a change of +21.9% from what the company reported a year ago. BioCryst currently has a Zacks Rank of #3 (Hold). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock And 4 Runners Up](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORT_TALEOFTAPE_534_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5-2115778)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115778)[Marinus Pharmaceuticals, Inc. (MRNS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=MRNS&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115778)[BioCryst Pharmaceuticals, Inc. (BCRX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BCRX&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115778)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2115778/strength-seen-in-marinus-pharmaceuticals-mrns-can-its-5-4-jump-turn-into-more-strength?cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2115778)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 7.15774
Stock Price 2 days before: 7.03001
Stock Price 1 day before: 7.03899
Stock Price at release: 7.03654
Risk-Free Rate at release: 0.0527
| 6.98268 |
Symbol: AMC
Security: AMC Entertainment Holdings, Inc.
Related Stocks/Topics: Stocks
Title: Citigroup Reiterates AMC Entertainment Holdings Inc - (AMC) Sell Recommendation
Type: News
Publication: Fintel
Publication Author: George Maybach
Date: 2023-07-03 06:10:00
Article: Fintel reports that on July 3, 2023, Citigroup [reiterated](https://fintel.io/sfo/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) coverage of AMC Entertainment Holdings Inc - ([NYSE:AMC](https://fintel.io/s/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644))) with a **Sell** recommendation. **Analyst Price Forecast Suggests 47.45% Downside** As of June 1, 2023, the average one-year [price target](https://fintel.io/sfo/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) for AMC Entertainment Holdings Inc - is 2.31. The forecasts range from a low of 0.50 to a high of $4.72. The average price target represents a decrease of 47.45% from its latest reported closing price of 4.40. See our [leaderboard of companies](https://fintel.io/sfo?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) with the largest price target upside.The projected annual revenue for AMC Entertainment Holdings Inc - is 4,784MM, an increase of 17.25%. The projected annual non-GAAP [EPS](https://fintel.io/seps/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) is -0.38. - [For more in-depth coverage of AMC Entertainment Holdings Inc -, view the free, crowd-sourced company research report on Finpedia](https://finpedia.co/bin/Main/AMC%20Entertainment/). **What is the Fund Sentiment?**There are [460 funds or institutions reporting positions](https://fintel.io/so/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) in AMC Entertainment Holdings Inc -. This is a decrease of 29 owner(s) or 5.93% in the last quarter. Average portfolio weight **of all funds** dedicated to AMC is 0.15%, an increase of 190.35%. Total shares owned by institutions increased in the last three months by 3.81% to 139,260K shares. [AMC / AMC Entertainment Holdings Inc - Class A Put/Call Ratios](https://images.fintel.io/us-amc-put-call-ratio-chart.png) The [put/call ratio](https://fintel.io/sopt/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) of AMC is 1.50, indicating a bearish outlook. **What are Other Shareholders Doing?** [](https://fintel.io/so/us/amc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644)[VTSMX - Vanguard Total Stock Market Index Fund Investor Shares](https://fintel.io/i/vanguard-index-funds-vanguard-total-stock-market-index-fund-investor-shares?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) holds 16,026K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 16,170K shares, representing **a decrease** of 0.90%. The firm **increased** its portfolio allocation in AMC by 12.65% over the last quarter. [NAESX - Vanguard Small-Cap Index Fund Investor Shares](https://fintel.io/i/vanguard-index-funds-vanguard-small-cap-index-fund-investor-shares?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) holds 13,548K shares representing 2.61% ownership of the company. In it's prior filing, the firm reported owning 13,699K shares, representing **a decrease** of 1.12%. The firm **increased** its portfolio allocation in AMC by 16.84% over the last quarter.[VISVX - Vanguard Small-Cap Value Index Fund Investor Shares](https://fintel.io/i/vanguard-index-funds-vanguard-small-cap-value-index-fund-investor-shares?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) holds 9,515K shares representing 1.83% ownership of the company. In it's prior filing, the firm reported owning 9,599K shares, representing **a decrease** of 0.88%. The firm **increased** its portfolio allocation in AMC by 21.53% over the last quarter.[VEXMX - Vanguard Extended Market Index Fund Investor Shares](https://fintel.io/i/vanguard-index-funds-vanguard-extended-market-index-fund-investor-shares?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) holds 7,193K shares representing 1.39% ownership of the company. In it's prior filing, the firm reported owning 7,112K shares, representing **an increase** of 1.12%. The firm **increased** its portfolio allocation in AMC by 17.64% over the last quarter.[Geode Capital Management](https://fintel.io/i/geode-capital-management-llc?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) holds 7,165K shares representing 1.38% ownership of the company. In it's prior filing, the firm reported owning 6,891K shares, representing **an increase** of 3.82%. The firm **increased** its portfolio allocation in AMC by 18.43% over the last quarter. **AMC Entertainment Holdings Background Information**(This description is provided by the company.) AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 1,000 theatres and 11,000 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. Key filings for this company: - [UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A (Amendment No. 1)](https://fintel.io/doc/sec-amc-entertainment-holdings-inc-1411579-10ka-2023-april-28-19475-7455?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644) This story originally appeared on [Fintel](https://fintel.io/news/citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=citigroup-reiterates-amc-entertainment-holdings-inc-amc-sell-recommendation-644).
Stock Price 4 days before: 4.33402
Stock Price 2 days before: 4.28589
Stock Price 1 day before: 4.34701
Stock Price at release: 4.35
Risk-Free Rate at release: 0.0527
| 4.81828 |
Symbol: DXPE
Security: DXP Enterprises, Inc.
Related Stocks/Topics: Technology|UFPI|MDWT
Title: Best Value Stocks to Buy for July 3rd
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-03 06:55:00
Article: Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 3rd:**UFP Industries, Inc.** [UFPI](https://www.nasdaq.com/market-activity/stocks/ufpi): This manufacturer of wood and wood-alternative products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days. **UFP Industries, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/UFPI/price-consensus-chart?icid=chart-UFPI-price-consensus-chart)[UFP Industries, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/UFPI/price-consensus-chart?icid=chart-UFPI-price-consensus-chart) | [UFP Industries, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/ufpi) UFP Industries has a price-to-earnings ratio (P/E) of 11.71, compared with 20.50 for the industry. The company possesses a [Value Score ](https://www.zacks.com/style-scores-education/) of A. **UFP Industries, Inc. PE Ratio (TTM)** [](https://www.zacks.com/stock/chart/UFPI/fundamental/pe-ratio-ttm?icid=chart-UFPI-fundamental/pe-ratio-ttm)[UFP Industries, Inc. pe-ratio-ttm](https://www.zacks.com/stock/chart/UFPI/fundamental/pe-ratio-ttm?icid=chart-UFPI-fundamental/pe-ratio-ttm) | [UFP Industries, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/ufpi) **Midwest Holding Inc.** [MDWT](https://www.nasdaq.com/market-activity/stocks/mdwt): This insurance and financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 138.5% over the last 60 days. **Midwest Holding Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/MDWT/price-consensus-chart?icid=chart-MDWT-price-consensus-chart)[Midwest Holding Inc. price-consensus-chart](https://www.zacks.com/stock/chart/MDWT/price-consensus-chart?icid=chart-MDWT-price-consensus-chart) | [Midwest Holding Inc. Quote](https://www.nasdaq.com/market-activity/stocks/mdwt) Midwest has a price-to-earnings ratio (P/E) of 8.49, compared with 11.80 for the industry. The company possesses a Value Score of B. **Midwest Holding Inc. PE Ratio (TTM)** [](https://www.zacks.com/stock/chart/MDWT/fundamental/pe-ratio-ttm?icid=chart-MDWT-fundamental/pe-ratio-ttm) [Midwest Holding Inc. pe-ratio-ttm](https://www.zacks.com/stock/chart/MDWT/fundamental/pe-ratio-ttm?icid=chart-MDWT-fundamental/pe-ratio-ttm) | [Midwest Holding Inc. Quote](https://www.nasdaq.com/market-activity/stocks/mdwt)**DXP Enterprises, Inc.** [DXPE](https://www.nasdaq.com/market-activity/stocks/dxpe): This company that engages in the business of maintenance, repair, and operating products, equipment, and services to the energy sector and industrial customers carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.2% over the last 60 days. **DXP Enterprises, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/DXPE/price-consensus-chart?icid=chart-DXPE-price-consensus-chart)[DXP Enterprises, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/DXPE/price-consensus-chart?icid=chart-DXPE-price-consensus-chart) | [DXP Enterprises, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/dxpe) DXP has a price-to-earnings ratio (P/E) of 9.38, compared with 23.60 for the industry. The company possesses a Value Score of B. **DXP Enterprises, Inc. PE Ratio (TTM)** [](https://www.zacks.com/stock/chart/DXPE/fundamental/pe-ratio-ttm?icid=chart-DXPE-fundamental/pe-ratio-ttm)[DXP Enterprises, Inc. pe-ratio-ttm](https://www.zacks.com/stock/chart/DXPE/fundamental/pe-ratio-ttm?icid=chart-DXPE-fundamental/pe-ratio-ttm) | [DXP Enterprises, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/dxpe) See [the full list of top ranked stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) Learn more about the [Value score and how it is calculated here.](https://www.zacks.com/education/stock-scorecard/value-trading)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock And 4 Runners Up](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORT_ZACKS1RANKADDITIONS_268_07032023&cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ZACKS1RANKADDITIONS_268&cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[UFP Industries, Inc. (UFPI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=UFPI&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_268&cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[DXP Enterprises, Inc. (DXPE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=DXPE&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_268&cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[Midwest Holding Inc. (MDWT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=MDWT&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_268&cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115790/best-value-stocks-to-buy-for-july-3rd?cid=CS-NASDAQ-FT-zacks_1_rank_additions|value_additions-2115790)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 36.3239
Stock Price 2 days before: 36.393
Stock Price 1 day before: 36.3733
Stock Price at release: 36.3825
Risk-Free Rate at release: 0.0527
| 38.3511 |
Symbol: FC
Security: Franklin Covey Co.
Related Stocks/Topics: Technology|IDCC|DHC
Title: Best Growth Stocks to Buy for July 3rd
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-03 07:22:00
Article: Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 3rd:**Franklin Covey Co.** [FC](https://www.nasdaq.com/market-activity/stocks/fc): This training and consulting services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days. **Franklin Covey Company Price and Consensus** [](https://www.zacks.com/stock/chart/FC/price-consensus-chart?icid=chart-FC-price-consensus-chart)[Franklin Covey Company price-consensus-chart](https://www.zacks.com/stock/chart/FC/price-consensus-chart?icid=chart-FC-price-consensus-chart) | [Franklin Covey Company Quote](https://www.nasdaq.com/market-activity/stocks/fc) Franklin Covey has a PEG ratio of 1.81 compared with 1.82 for the industry. The company possesses a [Growth Score](https://www.zacks.com/style-scores-education/) of B. **Franklin Covey Company PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/FC/fundamental/peg-ratio-ttm?icid=chart-FC-fundamental/peg-ratio-ttm)[Franklin Covey Company peg-ratio-ttm](https://www.zacks.com/stock/chart/FC/fundamental/peg-ratio-ttm?icid=chart-FC-fundamental/peg-ratio-ttm) | [Franklin Covey Company Quote](https://www.nasdaq.com/market-activity/stocks/fc) **Diversified Healthcare****Trust** [DHC](https://www.nasdaq.com/market-activity/stocks/dhc): This company that owns medical office and life science properties, senior living communities and wellness centers carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. **Diversified Healthcare Trust Price and Consensus** [](https://www.zacks.com/stock/chart/DHC/price-consensus-chart?icid=chart-DHC-price-consensus-chart)[Diversified Healthcare Trust price-consensus-chart](https://www.zacks.com/stock/chart/DHC/price-consensus-chart?icid=chart-DHC-price-consensus-chart) | [Diversified Healthcare Trust Quote](https://www.nasdaq.com/market-activity/stocks/dhc) Diversified Healthcare has a PEG ratio of 0.59 compared with 2.09 for the industry. The company possesses a Growth Score of A. **Diversified Healthcare Trust PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/DHC/fundamental/peg-ratio-ttm?icid=chart-DHC-fundamental/peg-ratio-ttm) [Diversified Healthcare Trust peg-ratio-ttm](https://www.zacks.com/stock/chart/DHC/fundamental/peg-ratio-ttm?icid=chart-DHC-fundamental/peg-ratio-ttm) | [Diversified Healthcare Trust Quote](https://www.nasdaq.com/market-activity/stocks/dhc)**InterDigital, Inc.** [IDCC](https://www.nasdaq.com/market-activity/stocks/idcc): This company that designs and develops technologies that enable and enhance wireless communications carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 248.3% over the last 60 days. **InterDigital, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/IDCC/price-consensus-chart?icid=chart-IDCC-price-consensus-chart)[InterDigital, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/IDCC/price-consensus-chart?icid=chart-IDCC-price-consensus-chart) | [InterDigital, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/idcc) InterDigital has a PEG ratio of 0.86 compared with 1.12 for the industry. The company possesses a Growth Score of B. **InterDigital, Inc. PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/IDCC/fundamental/peg-ratio-ttm?icid=chart-IDCC-fundamental/peg-ratio-ttm)[InterDigital, Inc. peg-ratio-ttm](https://www.zacks.com/stock/chart/IDCC/fundamental/peg-ratio-ttm?icid=chart-IDCC-fundamental/peg-ratio-ttm) | [InterDigital, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/idcc) See the [full list of top ranked stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) Learn more about the [Growth score and how it is calculated here.](https://www.zacks.com/education/stock-scorecard/growth-trading)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock And 4 Runners Up](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORT_ZACKS1RANKADDITIONS_269_07032023&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[InterDigital, Inc. (IDCC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=IDCC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Franklin Covey Company (FC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Diversified Healthcare Trust (DHC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=DHC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115794/best-growth-stocks-to-buy-for-july-3rd?cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 36.7043
Stock Price 2 days before: 43.5645
Stock Price 1 day before: 43.941
Stock Price at release: 44.0185
Risk-Free Rate at release: 0.0527
| 47.4408 |
Symbol: DHC
Security: Diversified Healthcare Trust
Related Stocks/Topics: Technology|IDCC|FC
Title: Best Growth Stocks to Buy for July 3rd
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-03 07:22:00
Article: Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 3rd:**Franklin Covey Co.** [FC](https://www.nasdaq.com/market-activity/stocks/fc): This training and consulting services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days. **Franklin Covey Company Price and Consensus** [](https://www.zacks.com/stock/chart/FC/price-consensus-chart?icid=chart-FC-price-consensus-chart)[Franklin Covey Company price-consensus-chart](https://www.zacks.com/stock/chart/FC/price-consensus-chart?icid=chart-FC-price-consensus-chart) | [Franklin Covey Company Quote](https://www.nasdaq.com/market-activity/stocks/fc) Franklin Covey has a PEG ratio of 1.81 compared with 1.82 for the industry. The company possesses a [Growth Score](https://www.zacks.com/style-scores-education/) of B. **Franklin Covey Company PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/FC/fundamental/peg-ratio-ttm?icid=chart-FC-fundamental/peg-ratio-ttm)[Franklin Covey Company peg-ratio-ttm](https://www.zacks.com/stock/chart/FC/fundamental/peg-ratio-ttm?icid=chart-FC-fundamental/peg-ratio-ttm) | [Franklin Covey Company Quote](https://www.nasdaq.com/market-activity/stocks/fc) **Diversified Healthcare****Trust** [DHC](https://www.nasdaq.com/market-activity/stocks/dhc): This company that owns medical office and life science properties, senior living communities and wellness centers carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. **Diversified Healthcare Trust Price and Consensus** [](https://www.zacks.com/stock/chart/DHC/price-consensus-chart?icid=chart-DHC-price-consensus-chart)[Diversified Healthcare Trust price-consensus-chart](https://www.zacks.com/stock/chart/DHC/price-consensus-chart?icid=chart-DHC-price-consensus-chart) | [Diversified Healthcare Trust Quote](https://www.nasdaq.com/market-activity/stocks/dhc) Diversified Healthcare has a PEG ratio of 0.59 compared with 2.09 for the industry. The company possesses a Growth Score of A. **Diversified Healthcare Trust PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/DHC/fundamental/peg-ratio-ttm?icid=chart-DHC-fundamental/peg-ratio-ttm) [Diversified Healthcare Trust peg-ratio-ttm](https://www.zacks.com/stock/chart/DHC/fundamental/peg-ratio-ttm?icid=chart-DHC-fundamental/peg-ratio-ttm) | [Diversified Healthcare Trust Quote](https://www.nasdaq.com/market-activity/stocks/dhc)**InterDigital, Inc.** [IDCC](https://www.nasdaq.com/market-activity/stocks/idcc): This company that designs and develops technologies that enable and enhance wireless communications carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 248.3% over the last 60 days. **InterDigital, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/IDCC/price-consensus-chart?icid=chart-IDCC-price-consensus-chart)[InterDigital, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/IDCC/price-consensus-chart?icid=chart-IDCC-price-consensus-chart) | [InterDigital, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/idcc) InterDigital has a PEG ratio of 0.86 compared with 1.12 for the industry. The company possesses a Growth Score of B. **InterDigital, Inc. PEG Ratio (TTM)** [](https://www.zacks.com/stock/chart/IDCC/fundamental/peg-ratio-ttm?icid=chart-IDCC-fundamental/peg-ratio-ttm)[InterDigital, Inc. peg-ratio-ttm](https://www.zacks.com/stock/chart/IDCC/fundamental/peg-ratio-ttm?icid=chart-IDCC-fundamental/peg-ratio-ttm) | [InterDigital, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/idcc) See the [full list of top ranked stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) Learn more about the [Growth score and how it is calculated here.](https://www.zacks.com/education/stock-scorecard/growth-trading)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock And 4 Runners Up](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORT_ZACKS1RANKADDITIONS_269_07032023&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[InterDigital, Inc. (IDCC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=IDCC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Franklin Covey Company (FC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Diversified Healthcare Trust (DHC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=DHC&ADID=SYND_NASDAQ_TCK_ZACKS1RANKADDITIONS_269&cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2115794/best-growth-stocks-to-buy-for-july-3rd?cid=CS-NASDAQ-FT-zacks_1_rank_additions|growth_additions-2115794)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 1.99786
Stock Price 2 days before: 2.22812
Stock Price 1 day before: 2.24281
Stock Price at release: 2.25502
Risk-Free Rate at release: 0.0527
| 2.1782 |
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