Reports

Three ChatGPT Stocks to Grab Before They Explode

May 25, 2023

Let me start by saying that, from where I’m sitting, it’s a safe assumption that Artificial Intelligence isn’t going anywhere anytime soon. If there was anything indeed “here to stay,” AI is it, and in seemingly endless ways. While AI isn’t brand new, there’s no question that technology has reached a pivotal moment in our culture and has captured the minds of just about every person not living off the grid. So, we already know how cool AI platforms such as ChatGPT are, but what makes AI such a good investment?

Simply put, AI’s disruptive and transformative nature leaves many opportunities across many industries. As businesses adopt AI to innovate and improve performance, demand for AI-related products and services will inevitably grow, leading to massive returns. Traditional business models will have to face adjustments or take a back seat to the advancements in machine learning. As AI continues to grow, it’s attracting many long-term investors. It’s catching on quickly, too, so now is the time to hop on board.

We have three AI-involved companies whose stocks are each performing well, thanks mainly to the significant strides we see in ChatGPT. I’m eager to break ’em down, so join me here for a look:

Amazon.com Inc (AMZN)

Amazon.com, Inc. (AMZN) is a multinational online retail company. AMZN offers consumer products through online and physical stores, both domestically and internationally. AMZN also provides cloud computing services on a global scale. Founded by Jeff Bezos in 1994, AMZN is headquartered in Seattle, WA. AMZN is up YTD by 39.02%, with a positive SMA. AMZN has a $1.08 trillion market cap, a PEG ratio of 2.25x, a P/B ratio of 2.06x, and YOY growth in critical areas such as revenue (+9.37%), net income (+182.52%), EPS (+181.58), and net profit margin (+175.43). For its MRQ earnings call, AMZN beat analysts’ projections for EPS and revenue by 43.26% and 2.21%, respectively, and it has a free cash flow of just over $9 billion. AMZN has a TTM revenue of $524.9 billion at $0.42 per share, from which it profited $4.29 billion through its 2.54% margin. With a 10-day average volume of 67 million shares, AMZN has an average price target of $134.50, with a high of $165 and a low of $85; this represents a potential 41% price increase from where it sits at the moment. AMZN has 48 buy ratings and 4 hold ratings.

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NVIDIA Corp (NVDA)

NVIDIA Corp. (NVDA) designs and manufactures GPUs, chipsets, and multimedia software for computers. NVDA’s brands, like GeForce, Quadro, DGX, and GRID each apply computing capabilities for various uses, including autonomous systems and gaming devices. Share price exploded for the ticker last week after the chipmaker reported blockbuster earnings and gave stronger-than-expected Q2 revenue guidance. NVDA has stacked on an impressive 164% YTD. NVDA has a $934 billion market cap, and its MRQ earnings report showed an EPS of $1.09 vs. $0.92 expected (+18.80% surprise) and $7.19 billion in sales vs. $6.52 billion predicted (+10.26% surprise). NVDA reports $27 billion in TTM revenue at $1.75 per share, and it made $4.37 billion via its 16.69% net profit margin. NVDA has a 0.05% annual dividend yield and a quarterly payout of 5 cents ($0.20/yr) per share. With a 10-day average trading volume of 40.91 million shares, NVDA has a median price target of $300, with a $460 high and a $175 low, representing a potential 50% price jump. NVDA has 36 buy ratings and 12 hold ratings.

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Baidu Inc (BIDU)

Baidu, Inc. (BIDU) is a tech firm mainly providing internet search and online marketing solutions. BIDU’s products include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, and more. BIDU offers search-based and feed-based online marketing services, while iQIYI is its online entertainment platform. BIDU was founded by Xu Yong and Yanhong Li in 2000 and is based in Beijing, China. BIDU is up YTD by 4.14% and has a safe 0.67 beta. With a $41.64 billion market cap, BIDU has $18.4 billion in TTM revenue at $5.63 per share, profiting $1 billion on a 16.60% margin. BIDU has a P/E ratio of 13.7x, a forward P/E (NTM) of 12.1x, a 0.39x PEG, a P/S ratio of 2.47x, a P/B ratio of 1.36x, and a 37.80% D/E measure. BIDU has beaten analysts’ EPS forecasts for the last 13 consecutive quarters, surprising by 29.1% for its MRQ. BIDU shows excellent YOY growth in revenue (+9.62%), net income (+458.19%), EPS (+652.78%), and net profit margin (+701.39%), with a free cash flow of $16.75 billion and a 10-day average volume of 3.53 million shares. BIDU has a median price target of $173.67, with a high of $230.93 and a low of $110.95, representing a potential 94% price upside. Buy Now and Hold.

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Time to Dump These Overhyped Tech Stocks

Editorial Staff

May 24, 2023

Tech stocks have come roaring back in 2023. But after the stunning rebound, some tech names have little room to run. In addition to industry-specific concerns, the technology sector faces headwinds from rising interest rates and a central bank that hasn’t finished its fight against inflation. As such, now seems like a good time to lock in gains on certain tech stocks that have rallied sharply this year.

Now more than ever, it’s crucial to be selective with your investments and avoid the tech stocks that look vulnerable. Our expert team has analyzed the market and identified specific tech stocks that should be cautiously approached. In particular, these three tech stocks look especially risky and may see severe downside in the coming days and weeks. Don’t let the recent tech sector rebound lure you into making hasty investment decisions. Instead, use our watchlist to make informed choices and avoid the tech stocks that could threaten your precious long-term returns.

Bigbear.ai Holdings (BBAI)

In 2023, BBAI stock is up a startling 230%, with shares advancing from penny stock territory to more than $3/share today. But the current hype cycle around consumer AI products isn’t likely to move the needle for Bigbear.Ai’s business, considering it’s far from a consumer-facing product like ChatGPT. The company has historically struggled to reach profitability from its operations and the stock’s recent run seems dramatically overblown.

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SoFi Technologies (SOFI)

SOFI has stacked on 16% in 2023, but the rebound may be fleeting. Shares have already started to fall back toward pre-earnings price levels. In the months ahead, if current economic challenges worsen or further challenges arise regarding student loans, the impact on revenue could place additional pressure on the stock.

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Uber Technologies (UBER)

Uber shares surged following its Feb. 8 earnings call. The ride-share giant reported substantial numbers, and management provided an upbeat outlook for the current quarter. However, the stock has already given back some of those gains amid recession concerns. UBER’s current valuation may be overly optimistic about subsequent quarterly results. Another big run may not be in store for the ticker anytime soon.

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Seize the Green Wave with These 3 Hydrogen Stocks Today!

Editorial Staff

May 24, 2023

Harnessing clean energy is essential due to the global transition away from carbon emissions and toward clean, renewable energy resources. What’s so special about this “green wave,” though?

For one, there are plenty of alternative clean energy resources available to us, giving investors a variety of options. Secondly, it just so happens that the worldwide green hydrogen sector in particular is growing quickly. The hydrogen industry as a whole was valued at around $676 million as of last year and is on track to hit $7.3 billion by 2027. Expected to grow by 61% annually, that would bring a stunning total return of more than 1,000%. This should excite any investor who both embraces the clean energy transition and is looking for the next big investment.

We want to see strong business metrics, growth, and upside potential (refer to the year-to-date graphic). A number of them pay dividends as well, which always makes for a happier shareholder. So, could this be a key to unlocking the future? Many of Wall Street’s best and brightest say yes, indeed.

I’ve found three green hydrogen stocks with massive potential, so let’s break them down:

New Fortress Energy Inc (NFE)

New Fortress Energy, Inc. (NFE) is an investment holding company that manages integrated hydrogen energy infrastructure. NFE invests in, constructs, and runs natural gas pipelines and provides logistical support for renewable energy technologies. Wesley Robert Edens created NFE on February 25th, 2014,

and its headquarters are in New York, NY. NFE’s stock is down by 33.14% YTD, trading at the very bottom of its existing 52-week range. With a cap of $5.82 billion and an $11.20 billion EV, NFE shows $2.44 billion in TTM revenue—at 51 cents per share—and it profited $106 million in the same period. NFE shows a solid

MRQ earnings report, with an analyst-forecast surprise on EPS by an 8.81% margin, and it displays YOY growth in revenue (+14.65%) and operating income (+59.02%). NFE has an annual 1.46% dividend yield, with a quarterly payout of 10 cents ($0.40/yr) per share on the back of its mammoth 693.88% payout ratio. With a 10-day average volume of 1.11 million shares, NFE has a median price target of $55.50, with a high of $61 and a low of $34; this implies a potential price upside of 95% at its median, 115% at its high point, and, even at its lowest point, a 20% jump. Analysts give NFE 9 buy ratings and 1 hold rating.

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Cummins Inc (CMI)

Cummins Inc. (CMI) is a global company that manufactures and services engines for natural gas and electric vehicles. CMI also offers emission solutions, A/C generators, and electrified power systems, including batteries, fuel cells, and hydrogen production. CMI sells its products to OEMs, distributors, and other customers worldwide. Established originally in 1919 as Cummins Engine Company and headquartered in Columbus, IN, CMI was renamed Cummins Inc. in 2001. CMI is down 10.84% YTD, nearing the bottom of its 52-week high-low. With a strong 0.90 beta, CMI’s market cap is $31.67 billion, and it has a P/E ratio of 12.6x, a forward (NTM) P/E ratio of 11.6x, a PEG figure of 1.32x, a P/S ratio of 1.05x, and a 27.94% ROE. CMI recently crushed analysts’ forecasts for EPS by 20.24% and revenue by 4.01%, with YOY growth in revenue (+32.39), net income (+89.0%), and EPS (+90.07%). CMI boasts a dividend that has grown each year for 14 years, currently with an annual yield of 2.91% and a $1.57 ($6.28) per share quarterly payout. CMI has a 10-day average volume of around 871,170 shares. Analysts assign a median price target of $256, with a high of $299 and a low of $216, indicating a potential 40% price increase from its current position. Check out that YTD dip in the chart. Buy and hold.

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Plug Power Inc (PLUG)

Plug Power, Inc. (PLUG) is a leading provider of alternative energy technology, specializing in hydrogen and fuel cell systems. PLUG’s solutions are primarily used in the material handling and stationary power markets. PLUG offers fuel cell systems that replace lead-acid batteries in electric vehicles, benefiting distribution and manufacturing companies. Founded on June 27th, 1997, by George McNamee and Larry Garberding, PLUG is headquartered in Latham, NY. PLUG’s stock is down YTD by 28.82%, but it’s showing great promise, and I like it for its upside potential. PLUG has a $4.5 billion market cap and TTM revenue of $770 million at $1.32 per share. Recently exceeding analysts’ MRQ revenue forecast by a modest 1.53%, a win is a win. With a P/B ratio of 1.15x, PLUG has YOY revenue growth (+49.65), EPS (+31.56%) growth—30.89% quarterly growth—and profit margin growth (+11.62%). With a 10-day average trading volume of 24.02 million shares, it’s clear that PLUG’s recent business deals to optimize its impact and effectiveness have popularized the stock. Here’s another great thing: PLUG has a median price target of $15, with a $78 high and a low of $7.50, representing the potential for a 785% price increase from where it sits now. Analysts are on to PLUG, too; Buy and hold.

Three Lithium Stocks to Supercharge Your Portfolio

Editorial Staff

May 24, 2023

After a tough few months, lithium — a crucial element in electric vehicle batteries— is back in focus as prices rebound. Lithium futures on the LME were down over 45% year-to-date by the end of April and well off their record highs seen in late 2022. But this month, however, lithium prices started to bounce back. Battery-grade lithium carbonate prices in China rose around 10% this month, according to Refinitiv data.

Though falling spot prices have raised red flags for investors over the long-term outlook of lithium miners, analysts believe spot prices will rise again as we get closer to the end of the year. “We expect pricing to find a bottom in 2023 on the back of strong demand,” said Reg Spencer of Canaccord Genuity.

In the long run, the supply and demand story for the silver-white light metal seems to be in the miner’s favor and now may be the perfect time to strike on some of the beaten-down names from the industry.

Sigma Lithium (SGML)

Last month Sigma Lithium achieved its first production of Green Lithium, officially transitioning the company from developer to producer. The company announced that it has successfully achieved first production of spodumene concentrate at its flagship Grota do Cirilo project in Brazil. Sigma reached output on time, a rare achievement for a lithium development project. As the project ramps to full production capacity, high-quality Green Lithium will be stockpiled and prepared for sale, with an inaugural first shipment of approximately 15,000 tons expected in May.

The company also recently announced that it had obtained its environmental operating license to sell all Green Lithium products from current and future production, including any stockpiled product. SGML currently holds a 75% buy rating from the eight analysts that cover it. A median price target of $46.96 indicates an upside potential of 27%.

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Microvast Holdings, Inc. (MVST)

Headquartered in Stafford, Texas, Microvast Holdings, Inc. designs, develops and manufactures various Li-ion battery solutions for electric vehicles and energy storage systems. The company’s continued focus on R&D and technology investments offers improved battery performance at highly competitive prices. Microvast’s MV-C Gen 4 high-energy lithium-ion battery packs have been specifically designed for commercial vehicle applications, offering a high energy density of 53.5Ah, a long cycle life of 5,000+ cycles, and a modular pack design for easy installation.

“Microvast’s high-performance battery technologies provide the required high energy density, enabling us to deliver the high power and performance our industrial vehicles require to move heavy loads and perform demanding industrial applications,” explained Sven Woyciniuk, Head of Electrical Engineering at MAFI & TREPEL.

Analysts are only starting to take notice of MVST, with only two covering the stock. Nonetheless, both analysts see the stock as a Strong Buy and see a median increase of nearly 600% over the next twelve months. Microvast is a speculative play and may not be for everyone. Investors with a high tolerance for risk may want to consider this ticker for potential 6x gains.

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Lithium Americas Corp (LAC)

Lithium Americas Corp has full ownership of two development-stage operations in Argentina. One of which is approaching initial production, expected to come later this year. The timeline has been disrupted on LAC’s US project –The Thacker Pass, Nevada lithium mine – due to ongoing legal and regulatory discrepancies. However, a US judge recently said she would rule “in the next couple of months” on whether former President Donald Trump erred in 2021 when he approved the company’s right to begin mining the US’s largest-known lithium resource. It seems likely that the case outcome will be positive for LAC, considering Washington’s push to boost domestic production of metals crucial to the green energy transition and wean the country off of Chinese supplies.

The high-growth -potential small-cap has been gaining the attention of the pros on Wall Street. “We believe 2023 could be an eventful year as there could be several key announcements on growth projects and Argentina divesture, which could be catalysts for the share price,” explained HSBC analyst Santhosh Seshadri. To this end, Seshadri recently initiated coverage of LAC with a Buy rating, backed by a $36 price target.

Most analysts agree with Seshadri’s thesis. LAC claims a Strong Buy consensus rating, based on 15 Buys vs. 1 Hold and no Sell ratings. At $37, the average price target makes room for 12-month gains of 87%.

Stay Alert! These Winning Stocks Deserve Your Attention

Editorial Staff

May 22, 2023

As a long-term investment, I think these equities work well, especially given that some analysts’ forecasts feel bleak; we’re experiencing inflation as the Fed is hiking rates, and we aren’t exactly miles away from some type of recession. It’s possible. Personally, I’m not a future teller, nor am I Warren Buffett. However, I am very much “kept up,” if you will — I try to remain an optimist, too — and so I humbly ask you to look at these stocks I happen to like. Let’s not focus too much on sectors or industries right now. In this case, we have a retailer, a home improvement/trade firm, and one from the financial sector. That’s not the point of today’s list, which is simply about three strong stocks to watch and consider.

That said, I’ve considered overall stock performance as usual, and although analysts are sometimes split, it’s only between buy and hold. These are strong equities. Let’s have a look:

TJX Companies Inc (TJX)

TJX Companies Inc. (TJX) operates HomeGoods stores,Marmaxx stores, and, internationally, TJX stores. TJX’s primary focus of operations is dealing in clothing and household TJX International, based in the U.S., runs TJX‘s locations. TJX was founded by Bernard Cammarata in 1976 in Framingham, MA, where its headquarters remain. With its stock down YTD only slightly by 0.83%, TJX has been performing well; it has a market cap of $90.6 billion and a decent beta score of 0.91. TJX shows TTM (trailing twelve-month) revenue of $50 billion, from which it profited $3.5 billion with an even 7% net margin. TJX has a forward P/E (price to earnings) of 22.5x, a P/S (price to sales) ratio of 1.85x, and a PEG (price-earnings-growth) ratio of 1.93x, with an ROE (return on equity) of 56.57%. With almost $2 billion in free cash flow, TJX has a 10-day average trading volume of 4.09 million shares. TJX has a dividend yield of 1.68%, a quarterly payout of 33 cents ($1.32/yr) per share, and a payout ratio of 38.55%. Analysts have marked TJX with a median price target of $88, with a high of $95 and a low of $75, representing a potential 20% or higher jump from its recent price. TJX has 17 buy ratings and 7 hold ratings.

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Realty Income Corp. (O)

Realty Income Inc. (O) is a real estate business that, particularly given its recent pricing, pays decent monthly dividends thanks to a steady income stream. O‘s headquarters are in San Diego, CA, and it was founded in 1969 by William E. Clark, Jr., and Evelyn Joan Clark. O’s stock is down YTD by a slight 2.19% and sits at the bottom of its existing 52-week range, making for a good opportunity considering its profitability as a stock. O has a market cap of $41.2 billion, an enterprise value of $60 billion, a safe 0.80 beta, and an impressive recent track record versus analysts’ earnings projections; O, for the last two fiscal quarters, exceeded Wall Street’s EPS forecasts most recently by 12.08% and 18.86% the quarter prior. O reports $3.3 billion in TTM revenue with a $1.42 per share EPS, profiting $870 million with a net margin of 26.01%. O has a free cash flow of $1.54 billion and a 10-day average trading volume of over 3 million shares. O has a dividend yield of 4.91%, with a quarterly payout of 76 cents ($3.04/yr) per share via a generous payout ratio of 209%. Analysts give O a median price target of $70, with a high of $74 and a low of $65. This will make more sense when looking at the chart below; even the forecasted range’s lowest price would give the stock a 5% jump from current pricing. O has 9 buy ratings and 7 hold ratings.

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Floor & Decor Holdings Inc. (FND)

Floor & Decor Holdings, Inc. (FND)’s primary business activity is the sale of hard surface flooring and accessories. Flooring materials such as wood, stone, vinyl, laminate, and tiles are among its many offerings, and FND also offers installation services. George Vincent West founded FND in 2000, and its headquarters are in Atlanta, GA. Stock-wise, FND is flying pretty high at the moment, so now would definitely be the time to get a piece of it; the stock is up by 38.45% YTD and, with upside, has time yet to continue trending upward. FND has a market cap of $10.4 billion, a 1.86 beta that might just have to be worth the risk (there’s volatility everywhere), an ideal ROE (return on equity) percentage of 20%, and a healthy D/E (debt to equity) of 24.60%. FND shows TTM revenue of $4.26 billion at $2.79 per share, from which it profited $300 million on a 6.99% net margin. FND shows remarkable YOY (year-over-year) growth in all reported areas and has beaten analysts’ EPS projections for the last four consecutive earnings seasons, in reverse order, by margins of 11.95%, 8.17%, 3.74%, and 2.92%, respectively. With a current 10-day average trading volume of 1.3 million shares, the analysts who offer yearly price projections have weighed in, giving FND a median price target of $98, with a high of $120 and a low of $73. This range gives FND a potential upside of 24.50%. FND has 13 buy ratings and 9 hold ratings.

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Grab These Gold Equities NOW to Ease Recession Concerns

Editorial Staff

May 22, 2023

Gold is currently approaching all-time highs, and analysts think it will surge further amid economic turmoil and a looming recession. To maintain protracted stability and consistency, gold can certainly act as a good portfolio insurance policy against other industries and their unpredictability. Analysts aren’t the only ones who are suddenly so bullish, either. A recent Gallup poll shows that you and I love gold too.

According to the poll, 26% of Americans felt that gold was the best long-term investment—nearly doubling the 15% who believed so in 2022—while individual stocks or equities were chosen as the essential holding by only 18% of those polled. This is the first instance since 2013 that Americans’ sentiment for individual equities has been lower than that regarding gold. Both were placed second behind real estate. What’s exciting about this is that there are at least a handful of ways to invest in gold, whether it be through ETFs, gold royalty firms, mining companies, or owning physical gold bullion. It’s fascinating to me that many nations still keep gold in vaults to prepare for hard times while also protecting its value as a tangible asset. And, as I touched on in the opening paragraph, that value is nearing an all-time record.

Moving on, I’ve found three gold stocks that each have something special to offer. With hints of a recession on the way, now is the time for those looking to invest. Let’s have a look:

Sandstorm Gold Ltd (SAND)

Sandstorm Gold Ltd. (SAND) purchases gold and other precious metals through contracts and royalties. Nolan Watson and David I. Awram founded SAND on March 23rd, 2007, and it is headquartered in Vancouver, Canada. SAND‘s stock has risen 12.6% in the past three months, compared to a 2% rise in the S&P 500. With a $1.6 billion market cap and a 0.71 beta score, SAND has a P/E ratio of 17x, a P/B ratio of 1.21x, and a PEG ratio of 1.9x. At its most recent earnings call, analysts forecasted SAND’s EPS to be $0.03, while it reported $0.09, surprising by a 200% margin. SAND shows healthy YOY growth in revenue (+24.36%), net income (+71.41%), and net profit margin (+37.93%), while it has 3-5 year forecasted EPS growth of 56.9%. SAND has a dividend yield of 1.03% and a $0.07 annual payout, with a 78.28% payout ratio. With a 10-day average volume of 2.27 million shares, SAND has a median price target of $8.33, with a high of $9.28 and a low of $6.50, allowing room for a more than 73% potential price jump from its current position. Analysts, collectively, have awarded SAND 10 buy rating.

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McEwen Mining Inc (MUX)

McEwen Mining, Inc. (MUX) is a company that produces and explores precious and base metals. MUX operates through the following regional segments: Canada, the U.S., Mexico, and Los Azules. MUX was founded on July 24th, 1979, in Toronto, Canada, and is headquartered there to this day. With a positive SMA and its stock being up by 34.98% YTD, MUX has a market cap of $385.5 million and an enterprise value of $411 million, showing TTM asset growth of 53% and TTM revenue of $119 million at $2.51 per share. MUX has a P/S ratio of 2.5x, a P/B ratio of 1.18x, and a low D/E of 16.46%. MUX most recently surpassed analysts’ revenue projections for Q1 2023 by 15.71% and shows YOY revenue growth of 36.06%. With a 10-day average trading volume of 386,750 shares, MUX has an analyst-assigned median price target of $11.25, with a high of $18.50 and a low of $10.75. The momentum for MUX is remarkable; even its low-end price of $10.75 would be a 36% price increase, while its high point offers a 134% price jump. MUX is what I would very much consider an under-the-radar stock. MUX has 4 analyst buy ratings.

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Gold Royalty Corp (GROY)

Gold Royalty Corp. (GROY) is a precious metals-focused royalty firm that gives mining companies financing alternatives. GROY focuses on purchasing royalties at different stages of a given mine’s life cycle to develop a portfolio that provides investors with attractive returns. GROY‘s portfolio includes return royalties varying from 0.5% to 2% on 17 separate gold properties. GROY was founded in 2020 and is based in Vancouver, Canada. GROY’s CEO David Garofalo recently stated with optimism that “Gold Royalty is beginning to see the benefits of key assets commencing and ramping up production.” GROY has a market cap of roughly $301 million, a solid 0.96 beta, a P/B ratio of 0.58x, and TTM revenue of $3.9 million; meanwhile, the stock is down by 10.30% YTD. GROY shows YOY growth in revenue (+43.40%), EPS (+34.61%), net income (+54.93%), and net profit margin (+68.68%). At its most recent quarterly earnings report, it boasted a collective holding of 406,000 ounces of gold. GROY has a dividend yield of 1.91% and a quarterly payout of $0.01 ($0.04/yr) per share. With a 10-day average volume of 442,970 shares, GROY has a median price target of $4.50, with a high of $8.75 and a low of $4. Here’s why I like GROY as much as I do: That median target would put into effect a 115% price increase, while its high mark would hike its price by 318%. Even the lowest end of GROY’s range offers a price upside of over 91% from where it currently sits. GROY has 3 buy ratings and 2 hold ratings.

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Weekly Radar: Our Top Stock Picks for This Week

Editorial Staff

May 21, 2023

Despite looming concerns over the US debt ceiling, stocks edged higher last week, with the S&P 500 breaking through the 4,200 level for the first time since late August. The index’s weekly gain of 1.6% lifted it above a narrow range it had been stuck in since the start of April. Meanwhile, the Nasdaq outperformed for the fourth week in a row with a 2.9% gain, and the Dow added a marginal 0.3%.

In addition to tracking the latest negotiations over the government debt ceiling, market participants will be focused on Wednesday’s release of minutes from the most recent Federal Reserve’s policy meeting that concluded on May 3. Investors will be looking for clues on Fed officials’ current views on whether to pause its rate-hiking cycle or lift rates for the eleventh meeting in a row during the upcoming June 13–14 meeting. We can also expect more earnings results from the retail sector next week, with Costco, Dollar Tree, Dick’s Sporting Goods, The Gap, and several others scheduled to report. Notable tech names Nvidia and Zoom Communications are also set to report.

For those determined to stay ahead of the game in the investment world, our weekly stock watchlist offers the perfect solution. Our team of expert analysts diligently scours the market to bring you the three most compelling stocks that demand your attention in the coming week.

Nvidia (NVDA)

Most tech investors are familiar with the company’s graphics processing units (GPUs) for the gaming industry. But Nvidia has a myriad of strengths beyond that. Over the years, the company has invested heavily in relevant segments such as AI and machine learning.

Since tech firms tend to be cyclical, NVDA wouldn’t necessarily be the best choice for investors seeking stability. However, it does offer attractive financial metrics. Its three-year revenue growth rate soars above most of the competition at 34.5%, and its book growth rate reached a robust 21.6% during the same period. Plus, the enterprise features a profitable framework. For example, its net margin is 16.19%, ranked better than 67% of semiconductor companies.

The market expects Nvidia to deliver a year-over-year decline in earnings on lower revenue when it reports earnings on May 24. Will the share price move higher before or after the quarterly release? We’ll have to wait and find out.

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Las Vegas Sands (LVS)

With American consumers expected to continue cutting back on discretionary spending in the second half of the year, resourceful investors have taken a shine to leisure names with significant exposure in China, where a robust recovery in travel and tourism spending is underway. As the US consumer softens, Macau-centric Las Vegas Sands has been gaining steam.

While travel restrictions impacted LVS’s Q1 performance, Wall Street is enthusiastic about the company’s performance throughout 2023 and the years ahead. Stifel recently upped its 12-month price target for the stock to $73 from $66 on the attractive risk/reward setup, stating, “If the U.S. consumer does decline, the pent-up demand from China’s and Singapore’s only gaming market should be healthy for another 12 months.”

LVS has risen 23% year to date and currently holds an 80% Buy rating. The pros covering the stock see a 47% upside over the next twelve months, a figure which has risen 10% over the past 30 days.

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iShares Global Energy ETF (IXC)

Energy inflation isn’t a purely American phenomenon. The rest of the world has also suffered from higher oil and gas prices … and many international oil giants have profited along with their U.S. counterparts.

The largest, most liquid fund covering a worldwide spectrum of energy equities is the iShares Global Energy ETF (IXC) – a nearly $2-billion-plus portfolio of 52 companies that dominate global energy production, refining, storage, and other industries. The fund includes both domestic and international stocks. The official breakdown is the U.S. 60%/rest of the world 40%, with the U.K. (12%), Canada (11%), and France (5%) representing the top non-American country weights.

Giants Exxon and Chevron still lead the way here, at 17% and 11%, respectively. But this fund also provides significant exposure to international energy giants, including Britain’s Shell at 8%, BP at 4%, and France’s TotalEnergies at 5%. If you’re looking to defray a bit of geographic risk, IXC is one of the best energy ETFs to do so while still printing a nice profit from higher global commodity prices. The fund has an expense ratio of 0.4% and comes with an attractive 4.7% yield.

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Super-Charge Your Portfolio With These Alternative Energy Power Players

Editorial Staff

May 19, 2023

I’ll get right to it: Why alternative energy? Well, it can’t hurt to at least look at what the U.S. government is doing… They don’t always get things wrong, you know. There is an obvious and inevitable shift — which is already taking place — from fossil fuels to clean energy, and it’s a transition that most of us are on board with. It’s not yet occupying the strongest market sector on Wall Street, which would be an unreasonable presumption, but one thing is for sure: It’s an area of the market that’s growing steadily.

There has been a concerted effort to invest in renewable energy at both the state and federal levels. Billions are available from both the infrastructure spending bill passed in November 2021 and the Inflation Reduction Act (IRA) for investments in renewable, or green, energy transmission— a prime example being the construction of new power lines that utilize renewable energy. iShares’ Global Clean Energy ETF (ICLN) is currently down slightly year-to-date and is actually an ETF that I like as a long-term investment. Today, though, I’ll focus on individual renewable energy equities, each displaying remarkable promise.

Join me in breaking down these three buy-rated alt-energy tickers, which many analysts agree are worth taking a meaningful look at. Well, let’s do just that:

Clearway Energy Inc (CWEN)

Clearway Energy, Inc. (CWEN) operates contractual renewable and conventional power facilities as well as thermal infrastructure assets. CWEN deals with conventional energy generation, thermal energy, and renewable sources such as wind and solar. CWEN was launched on December 20th, 2012, and is based in Princeton, NJ. CWEN is down YTD by 3.42% and trading near the bottom of its 52-week range, leaving

plenty of room for an upswing. With a market cap of roughly $5 billion and a solid 0.84 beta, CWEN most recently exceeded analysts’ revenue projections by 2.77% and shows YOY revenue growth (+34.58%). CWEN has a P/E ratio of 5.7x, a PEG ratio of 2.05x, a P/S ratio of 2.8x, a P/B ratio of 1.65x, and a free cash flow of $628 million. CWEN has a dividend yield of 4.90% and a quarterly payout of 38 cents ($1.52/yr) per share. With a 10-day average trading volume of 815,770 shares, CWEN has an assigned median price target of $37.50, with a high of $43 and a low of $36, representing a more than 40% potential price jump (from its current position). CWEN has 9 buy ratings and 1 hold rating.

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Array Technologies Inc (ARRY)

Array Technologies, Inc. (ARRY) designs and distributes ground-mounting tracking systems for solar energy projects in Brazil, Spain, Australia, the U.S., and other countries. ARRY’s SmarTrack is a sort of software that combines site-specific weather-based energy data in conjunction with machine learning to find the ideal position for solar arrays that allow for maximum energy output. ARRY was established in 1989 and is based in Albuquerque, NM. Unlike the undervalued CWEN, ARRY’s stock is up YTD by 17.28% and shows a TTM return of over 140%. ARRY’s YTD price advantage is still at the bottom of its current 52-week range. ARRY has a market cap of $3.3 billion, a forward P/E ratio of 27.25x, a PEG ratio of 1.93x, and a P/S ratio of 2.01x, with YOY growth in revenue (+23.25%), net income (+218.49), EPS (+139.13%), and net profit margin (+194.35%). ARRY most recently surprised analysts’ EPS and revenue forecasts by 546.83% and 16.69%, respectively. With a 10-day average volume just shy of 6 million shares, ARRY has a median price target of $27, with a high of $35 and a low of $17, allowing room for a price jump of over 54% from where it sits now. Collectively, analysts give ARRY 16 buy ratings and 3 hold ratings.

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Daqo New Energy Corp (DQ)

Daqo New Energy Inc. (DQ) is a holding company that manufactures polysilicon products. DQ produces and sells polysilicon to photovoltaic product manufacturers, who then properly adjust the polysilicon to facilitate solar power solutions. Guang Fu Xu founded DQ on November 22nd, 2007, and its headquarters are presently in Shanghai, China. DQ’s stock has momentum; it’s still at the bottom of its 52-week range while up by 6.71% YTD. With a very safe 0.52 beta score, DQ has a $3.21 billion market cap and TTM revenue of $4.6 billion—well over a billion more than its valuation—at an EPS of $23.50, from which it profited $1.8 billion via a 39.49% net margin. DQ has a P/E ratio of 2.4x, a PEG ratio of 0.17x, a P/S of 0.92x, a P/B ratio of 0.73x, a low 2.76% D/E, and an ROE of 40.23%. DQ shows quarterly EPS and revenue growth of 67.99% and 66.29%, respectively, and has a free cash flow of $1.15 billion, with a 10-day average trading volume of 1.06 million shares. DQ has a median price target of $56.03, with a high of $87 and a low of $28.42, representing a massive potential price increase of over 111% from its current spot. DQ has 8 buy ratings and 5 hold ratings. From my perspective, I saved the best for last.

Exclusive Report: Don’t Be Fooled By These Toxic Stocks

Editorial Staff

May 19, 2023

Seeking out great stocks to buy is important, but identifying quality investments is only half the battle. Many would say it’s just as essential for investors to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns. By taking a proactive approach to avoiding losing stocks, you can set yourself up for greater success in your investing journey.

Even the best gardens need pruning, and our team has spotted a few stocks that seem like prime candidates for selling or avoiding. Read on to find out why we believe these particular stocks are poor investment choices and learn how to apply our analysis to your own portfolio management strategy…

Mondelez International Inc. (MDLZ)

Recession fears and concerns around the financial sector have investors seeking refuge in consumer staples stocks to shore up their portfolios. However, based on technical analysis, some of these traditionally defensive tickers now seem overbought. Case in point – Mondelez.

A stock is considered overbought if its 14-day RSI goes above 70 and is typically seen as an indicator to consider cutting back on exposure. By this measure, with an RSI of 89.2, MDLZ tops the list as one of the most overbought names from the S&P 500.

Shares of Mondelez have rallied more than 16% year to date, easily outperforming the S&P 500′s 9.8% advance. The stock is up 1.5% this month, while the broader market index has lost 1.1%. However, Wall Street sees little-to-no upside potential for the stock over the next twelve months. According to FactSet, the average analyst price target for Mondelez implies an upside of just 3%.

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Bank of Hawaii (BOH)

With the failure of three regional banks (Silicon Valley Bank, Signature Bank, and First Republic Bank) in the past two months, it seems wise to avoid struggling regional players like Bank of Hawaii. Policymakers made one thing very clear back in March: Uncle Sam will protect depositors, not shareholders. But the ugly truth is that this protection must be limited. If more banks continue to fail, it could outstretch the government’s capacity to maintain this commitment. With such a steep risk involved, avoiding BOH seems like a no-brainer.

BOH gained nearly 9% last week. In the trailing one-month period, the stock tumbled almost 23%. And since the start of this year, it printed a loss of 50% of equity value. The six pros covering the stock give it a Hold rating, with none rating it a Buy.

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Gap Inc. (GPS)

Interest rates in America are now at their highest level in 16 years. While higher rates might tame inflation in the long run, they will likely slow the economy in the near term and negatively impact certain market areas. Clothing retailers such as Gap Inc. tend to suffer when consumers cut back on discretionary spending. This reality has been reflected in Gap’s earnings performance, which have disappointed over multiple quarters. The current high-interest rate climate has proven to be a double whammy for The Gap, coming on the heels of two years of pandemic restrictions at its stores.

The retailer will likely continue struggling while rates remain high and consumers tighten their purse strings. Slowing sales, poor financial results, and pressure from higher interest rates have pushed GPS stock 32% lower in the last year. The company’s share price is now down nearly 70% over the past five years. The current consensus among 20 polled analysts is to Hold Gap shares.

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Special Report: Three Income Stocks Set to Soar

Editorial Staff

May 18, 2023

We love dividend stocks here (if it’s not already obvious). Companies that regularly give investors a share of their earnings through payouts come from all market sectors. The majority of U.S.-based businesses that offer them typically do so by offering a fixed sum to investors each quarter, and the best of them will gradually raise that sum over time so that investors may create a stream of income akin to an annuity. This also gives investors who don’t necessarily require the income stream some wiggle room to reinvest those dividend payments right back into the stock itself or elsewhere in the market.

Dividend stocks can also help increase the stability of one’s portfolio because the firms they represent often have strong track records. That’s what I’m focusing on with today’s list: companies that are well regarded on Wall Street for offering lucrative dividends and for engaging in smart business practices. For instance, in addition to the income, I’ll emphasize earnings growth because, without it, there wouldn’t be much of a money pool from which the dividends could be withdrawn and distributed to shareholders.

I’ll now break down the key metrics on three income stocks that show strong fundamentals, earnings growth, price-appropriate payouts, and positive analyst sentiment. The experts tell us to buy and hold, by the way. Let’s have a look at these lucrative tickers here:

Tractor Supply Co (TSCO)

Tractor Supply Co. (TSCO) focuses primarily on farm and ranch supplies. TSCO runs retail farm and ranch stores and concentrates on servicing small companies, tradespeople, and recreational farmers and ranchers with lifestyle necessities. Charles Schmidt, Sr. founded TSCO in 1938, headquartered in Brentwood, TN. TSCO, up slightly YTD by 0.57%, has a market cap of $26 billion, an enterprise value of $30.7 billion, and a safe 0.82 beta figure. TSCO shows a P/E ratio of 23.3x, a forward P/E of 21.4x, a P/S ratio of 1.84x, and a 2.35x PEG ratio. With TTM revenue of $14.2 billion at $9.71 per share, TSCO profited $1.1 billion over the same period with a 7.66% net margin. TSCO shows forecasted 5-year EPS growth of 23.3% and 5-year dividend growth of 30.7%. TSCO has a dividend yield of 1.82% and a quarterly payout of $1.03 ($4.12/yr) per share. With an operating free cash flow of $1.32 billion, TSCO has a median price target of $256, with a high of $280 and a low of $224, representing a potential 24% price jump from where it currently sits. TSCO has 23 buy ratings and 11 hold ratings.

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Microchip Technology Inc (MCHP)

Microchip Technology Inc. (MCHP) manufactures semiconductor products. MCHP is responsible for developing, producing, and marketing microcontrollers, development tools, and analog and mixed-signal connection products. MCHP was established on February 14th, 1989, and is based in Chandler, AZ. Up by 5.38% YTD, MCHP has a market cap of $40.5 billion, an enterprise value of $47 billion, an 18.7x P/E ratio, a forward P/E of 11.44x, and a PEG ratio of 1.16x. MCHP shows $8.44 billion in TTM revenue at $3.70 per share, profiting $2.24 billion via a 26.52% net margin. MCHP most recently exceeded analysts’ EPS and revenue projections by modest margins of 1.21% and 0.40%, respectively, and shows steady YOY growth in revenue (+21.07%), EPS (+41.56%), net income (+37.93%) and profit margin (+13.94%). MCHP has forecasted 5-year dividend growth of 14.6% and 48.3% 5-year EPS growth. MCHP has a dividend yield of 2.07% and a 38 cents ($1.44/yr) per share quarterly payout. With a 10-day average volume of 5.35 million shares, MCHP has a median price target of $95, with a high of $125 and a low of $76. This represents a potential upside as high as 69%; MCHP gets 17 buy ratings and 8 hold ratings.

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Merck & Co Inc (MRK)

Merck & Co., Inc. (MRK) is a pharmaceutical healthcare business that provides health solutions through its line of prescription medications, vaccines, biologic treatments, and consumer care products. MRK also offers health solutions for livestock, pets, and companion/support animals. MRK was formed in 1891 and is based in Kenilworth, NJ. Up YTD by 4.62%, MRK has a market cap of $293 billion, a $310 billion enterprise value, and a very safe 0.36 beta. MRK shows TTM revenue of $57.87 billion at $5.12 per share, from which it profited $13 billion via its 22.52% net margin. With a P/E ratio of 22.5x, a forward P/E of 16.7x, and a PEG of 2.31x, MRK most recently surpassed analysts’ projections on EPS by 4.76%, and revenue by 4.98%. MRK boasts forecasted 5-year EPS growth of 58% and a free cash flow of $9.5 billion. MRK presently has a 2.52% dividend yield, with a quarterly payout of 73 cents ($2.92/yr) per share and a 55.47% payout ratio. With a 10-day average trading volume of 5.82 million shares, MRK has a median price target of $126, with a high of $135 and a low of $102, representing a potential price increase of 16.3% from its current position. Collectively, analysts give MRK 22 buy ratings and seven hold ratings.

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Amazon.com Inc (AMZN)

NVIDIA Corp (NVDA)

Baidu Inc (BIDU)

Bigbear.ai Holdings (BBAI)

SoFi Technologies (SOFI)

Uber Technologies (UBER)

New Fortress Energy Inc (NFE)

Cummins Inc (CMI)

Plug Power Inc (PLUG)

Sigma Lithium (SGML)

Microvast Holdings, Inc. (MVST)

Lithium Americas Corp (LAC)

TJX Companies Inc (TJX)

Realty Income Corp. (O)

Floor & Decor Holdings Inc. (FND)

Nvidia (NVDA)

Las Vegas Sands (LVS)

iShares Global Energy ETF (IXC)

Mondelez International Inc. (MDLZ)

Bank of Hawaii (BOH)

Gap Inc. (GPS)

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