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Thursday, February 6, 2025

5 Stocks Whispered About on Wall Street: Are You Missing Out?

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Benzinga’s Stock Whisper Index: Unveiling Undervalued Gems (Week Ending Nov. 29)

This week’s Benzinga Stock Whisper Index highlights five stocks showing significant under-the-radar activity, suggesting potential investment opportunities often missed by mainstream analysis. These selections, based on a proprietary algorithm combining data analysis and pattern recognition, offer a fresh perspective on companies poised for growth. While no prediction of future performance is guaranteed, the Index aims to spotlight intriguing trends and undervalued potential for savvy investors seeking a competitive edge.

Key Takeaways: Under-the-Radar Stocks to Watch

  • Simon Property Group (SPG): Poised for holiday shopping season gains, with analysts raising price targets.
  • Allison Transmission Holdings (ALSN): Consistently exceeding earnings expectations and benefiting from potential industrial growth.
  • Constellation Energy Corp (CEG): Riding the wave of renewed interest in nuclear power generation, fueled by tech giants’ commitment to the energy source.
  • UFP Industries Inc (UFPI): Expanding its footprint with a new design center, strengthening its position in the housing and packaging markets.
  • Intuit Inc (INTU): Despite strong earnings, facing potential disruption from government initiatives aimed at simplifying tax filing.

Deep Dive into the Benzinga Stock Whisper Index Picks

Simon Property Group (SPG): Riding the Holiday Shopping Wave

Simon Property Group (SPG), a large real estate investment trust (REIT), experienced a surge in reader interest this week. This increased attention likely reflects growing optimism surrounding the upcoming 2024 holiday shopping season, projected to break sales records. The later-than-usual Thanksgiving date translates to fewer shopping weekends, yet the concentrated shopping period could drive intense traffic during the key holiday dates. Analysts are clearly bullish. Stifel raised its price target from $164.50 to $175.50, while Scotiabank increased their target from $169 to $185. Benzinga Pro data reveals that the company’s recent guidance exceeded analyst expectations for the full fiscal year, further bolstering the positive outlook. The stock is already up 28% year-to-date, showcasing its strong performance.

Allison Transmission Holdings (ALSN): A Strong Performer in the Commercial Vehicle Sector

Allison Transmission Holdings (ALSN), specializing in automatic transmissions for commercial vehicles, also garnered significant attention. The company’s market position could receive a considerable boost from a potential industrial boom under the incoming Trump administration. ALSN has demonstrated remarkable financial consistency, exceeding earnings per share estimates for nine consecutive quarters and revenue estimates in four straight quarters and eight of the last nine. Citigroup maintained a Neutral rating but raised the price target from $115 to $125, highlighting the stock’s solid performance. With shares up over 100% year-to-date in 2024, ALSN is a compelling prospect within the commercial vehicle sector.

Constellation Energy Corp (CEG): A Nuclear Renaissance and Strong Financials

Constellation Energy Corp (CEG), a prominent player in energy solutions, returns to the Stock Whisper Index due to growing interest in nuclear power generation. This growing interest is driven by the increasing focus on nuclear power energy from industry giants like Alphabet (Google), Amazon, and Microsoft. Goldman Sachs recently noted that the US may be in the “early stages of a nuclear renaissance,” specifically mentioning Constellation Energy’s successful restart of the Three Mile Island plant as a catalyst. “Recognition of accelerated power demand growth from utilities is leading to greater willingness to consider new large-scale reactors,” Goldman Sachs stated. CEG’s recent third-quarter results further solidify its strong position, with revenue and earnings per share exceeding analyst estimates, and the company also raised its full-year earnings per share guidance. The stock’s year-to-date gains exceed 120%.

UFP Industries Inc (UFPI): Growth in Packaging and Manufactured Housing

UFP Industries Inc (UFPI), a manufacturer of wooden pallets alongside industrial packaging solutions, saw increased interest this week. The company’s recent opening of a new 10,000-square-foot packaging design and development center in Georgia represents a strategic move to expand its capabilities and attract larger contracts. This new center will offer advanced testing services to better serve customers. UFPI’s involvement with the manufactured housing sector also adds to its potential growth trajectory. The company’s future performance is tightly coupled with the health of the housing market and the increasing need for cost-effective, sustainable packaging solutions creating an appealing long term outlook for investors.

Intuit Inc (INTU): Strong Earnings Amidst Potential Disruption

Intuit Inc (INTU), the company behind popular financial software like TurboTax and QuickBooks, attracted attention despite mixed signals. While the company recently reported first-quarter results that beat on both revenue and earnings per share, concerns are brewing around the potential impact of new government initiatives affecting the tax preparation industry. Specifically, the newly formed Department of Government Efficiency under the new administration is exploring a potential mobile app to allow direct tax filing for the public potentially diminishing the reliance on traditional tax software. Investors are watching cautiously as the details of this plan unfold. Though the company beat estimates, the new government initiative is a wildcard that should weigh on the investment decision and the stock price could continue to fall following the news and as further details become available. The stock fell on the week, while year-to-date 2024 gains sit at around 6%.

Conclusion

The **Benzinga Stock Whisper Index** provides a valuable lens for identifying under-the-radar stocks with significant potential. While not a guarantee of future success, the Index offers investors a method to explore opportunities often overlooked in mainstream market analysis. Remember, thorough due diligence is crucial before making any investment decisions.

Article Reference

Lisa Morgan
Lisa Morgan
Lisa Morgan covers the latest developments in technology, from groundbreaking innovations to industry trends.

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