Ultime notizie per Airgain (NASDAQ:AIRG) Azioni

Airgain

Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives maximum revenue from North America and also has a presence in China and the Rest of the World. The company products include Antenna Plus: Fleet, M2M, IoT Antennas, Carrier-Class Antenna, Embedded Antennas, and External Dipole Antennas.

Airgain Inc

<p>Former President <strong>Donald Trump</strong> has reiterated his commitment to imposing tariffs on cars imported from China and Mexico, aiming to protect American automotive jobs.</p>
<p><strong>What Happened</strong>: During an interview with<strong> Patrick Bet-David</strong> released on Thursday, Trump emphasized the critical role these tariffs would play in safeguarding the U.S. auto industry.</p>
<p>&#8220;I hope the union workers, auto workers understand that I saved their jobs,&#8221; he said.</p>
<p>Trump highlighted a massive car manufacturing plant in Mexico, which he described as potentially one of the largest in the world. He expressed concerns that vehicles from this plant could inundate the U.S. market, leaving little room for American-made cars.</p>
<p>&#8220;That would mean that our car industry is wiped out,&#8221; Trump said.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/24/10/41328039/as-elon-musk-unveils-cybercab-uber-ceo-weighs-in-on-robotaxi-competiton-from-waymo-tesla-dont-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">As Elon Musk Unveils Cybercab, Uber CEO Weighs In On Robotaxi Competiton From Waymo, Tesla: &#8216;Don&#8217;t Think This Is Going To Be A Winner-Take-All Marketplace&#8217;</a></strong></p>
<p><strong>Why It Matters</strong>: In September, Trump <a href="https://www.benzinga.com/news/24/09/40913456/trump-vows-200-tariffs-on-chinese-made-cars-in-mexico-warns-of-us-auto-industry-collapse-if-kamala-h">proposed a 200% tariff</a> on vehicles produced by alleged Chinese factories in Mexico, as reported in a town hall event in Flint, Michigan. He warned that if Vice President <strong>Kamala Harris</strong> were elected, the U.S. auto industry could collapse within two to three years due to electric vehicle production shifting to China.</p>
<p>Additionally, during a <a href="https://www.benzinga.com/general/politics/24/10/41279272/donald-trump-pushes-tariffs-on-chinese-cars-in-detroit-visit-vows-to-revamp-industry">visit to the Detroit Economic Club</a> in October, Trump reiterated his commitment to tariffs on Chinese cars, vowing to revamp the industry. He also commented on economic indicators, although some of his statements on inflation and interest rates were inaccurate.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41369986/lucid-stock-is-tumbling-wednesday-whats-driving-the-action?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Lucid Stock Is Tumbling Wednesday: What&#8217;s Driving The Action?</a></strong></li>
</ul>
<p><strong><em>Disclaimer</em></strong><em>: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.</em></p>
<p><em>Image via Wikimedia Commons</em></p>


News

General

Trump Defends His Plans To Impose 200% Tariffs On Cars Imported From China, Mexico: 'Hope Union Workers Understand That I Saved Their Jobs'

<p>Amid ongoing global economic recovery efforts, <strong>Kristalina Georgieva</strong>, Managing Director of the International Monetary Fund, has issued a cautionary note regarding persistent challenges such as high debt and low growth. Her remarks come as the U.S. and EU implement rate cuts to tackle inflation.</p>
<p><strong>What Happened</strong>: Georgieva highlighted that despite progress, governments are increasingly reliant on borrowing, which, coupled with &#8220;anemic growth,&#8221; complicates debt management. She praised central banks for their inflation control efforts but noted uneven benefits across regions, with some still facing high prices and related unrest, CNBC <a href="https://www.cnbc.com/2024/10/17/imf-chief-warns-low-growth-and-high-debt-weigh-on-global-economy.html">reported</a> on Friday.</p>
<p>"It's not yet time to celebrate," she said.</p>
<p>"When we look into the challenges ahead of us, the biggest one is low growth, high debt. This is where we can and must do better.&#8221;</p>
<p>Georgieva&#8217;s comments precede the 2024 annual meetings of the IMF and World Bank Group in Washington, D.C., where global economic issues will be discussed. She also pointed out that international trade is no longer the &#8220;engine of growth&#8221; it once was, citing restrictive policies and <a href="https://www.benzinga.com/news/24/09/40914629/china-warns-eu-tariffs-on-evs-will-harm-trade-with-germany">U.S.-EU tariffs against China</a> as potential risks. Additionally, she expressed concern over geopolitical tensions, particularly in the Middle East, affecting global financial stability.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Financial Sector Hits Record Highs As Goldman Sachs, Bank of America, Citi Beat Q3 Earnings Expectations</a></strong></p>
<p><strong>Why It Matters</strong>: Georgieva&#8217;s comment arrived a day after the European Central Bank (ECB) <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41382372/ecb-slashes-rates-again-will-jerome-powell-take-this-as-cue-for-another-fed-rate-"> cut interest rates</a> for the third time this year to stimulate a sluggish economy, shifting focus from inflation control to economic growth. This move follows the Federal Reserve&#8217;s 50 basis point rate cut in September, marking a significant policy shift as both regions tackle economic challenges.</p>
<p>Meanwhile, the U.S. faces a staggering debt situation, with estimates suggesting a<a href="https://www.benzinga.com/economics/macro-economic-events/24/08/40368118/true-us-debt-is-175-trillion-former-coinbase-cto-on-unpayable-crisis"> true national debt </a>of $175 trillion when accounting for entitlements like Social Security and Medicare. This escalating debt underscores the urgency of addressing fiscal challenges.</p>
<p>In China, the government is reportedly considering issuing $850 billion in<a href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco"> special treasury bonds</a> to stimulate its slowing economy and manage local debt. These developments highlight the global nature of economic challenges and the varied approaches being taken to address them.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41372368/mark-cuban-battles-former-trump-advisor-for-suggesting-a-child-could-do-american-auto-workers-job-pa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Battles Former Trump Advisor Over Ex-President&#8217;s Comments On American Auto Workers: &#8216;He Still &nbsp;Thinks It&#8217;s 1965&#8217; (UPDATED)</a></strong></li>
</ul>
<p><em>Image via Shutterstock</em></p>
<p>This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <u><a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a></u></p>


Macro Economic Events

Global

Economics

As US Tackles Inflation With Rate Cuts, IMF MD Sounds Alarm: 'Not Yet Time To Celebrate' Amid Looming Low Growth, High Debt

<p>The Procter &amp; Gamble Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) will release earnings results for its first quarter, before the <a href="https://www.benzinga.com/quote/PG/earnings">opening bell on Friday, Oct. 18.</a></p>
<p>Analysts expect the Cincinnati, Ohio-based bank to report quarterly earnings at $1.90 per share, up from $1.83 per share in the year-ago period. Procter &amp; Gamble projects to report revenue of $21.91 billion for the recent quarter, compared to $19.78 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>
<p>On July 30, Procter &amp; Gamble reported fourth-quarter FY24 sales of $20.53 billion (flat Y/Y), missing the analyst consensus estimate of $20.74 billion.</p>
<p>Procter &amp; Gamble shares fell 0.1% to close at $172.28 on Thursday.</p>
<p>Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>
<p>Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.</p>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5890a92043eaaa0001d69b01/linda-bolton%20weiser">DA Davidson analyst Linda Bolton Weiser</a> maintained a Neutral rating with a price target of $159 on Oct. 15. This analyst has an accuracy rate of 61%.</li>
<li>Barclays analyst Lauren Lieberman downgraded the stock from Overweight to Equal-Weight with a price target of $163 on Sept. 30. This analyst has an accuracy rate of 63%.</li>
<li>JP Morgan analyst Andrea Teixeira maintained an Overweight rating and increased the price target from $179 to $186 on Sept. 19. This analyst has an accuracy rate of 61%.</li>
<li>TD Cowen analyst Robert Moskow initiated coverage on the stock with a Buy rating and a price target of $189 on July 23. This analyst has an accuracy rate of 65%.</li>
<li>Stifel analyst Mark Astrachan maintained a Hold rating and raised the price target from $157 to $161 on July 22. This analyst has an accuracy rate of 78%.</li>
</ul>
<p><strong>Considering buying PG stock? Here&#8217;s what analysts think:</strong> </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="482" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-1024x482.png" alt="" class="wp-image-602127" style="width:665px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-1024x482.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-300x141.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158-768x362.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18040800/image-158.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></strong></li>
</ul>


Earnings

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Procter & Gamble Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

<p>Philip Morris International Inc. (PMI) has been informed by its deconsolidated Canadian affiliate, Rothmans,Benson &amp; Hedges Inc. (RBH), that the court-appointed mediator and monitor in RBH's <i>Companies' Creditors Arrangement Act </i>(CCAA) proceeding filed a proposed plan of compromise and arrangement (Proposed Plan) outlining certain terms of a comprehensive resolution of tobacco product-related claims and litigation in Canada against RBH and its affiliates. The court-appointed mediator and monitors also filed substantially similar proposed plans for Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited (together, ITL) and JTI-Macdonald Corp. (JTIM).</p>
<p>Under the Proposed Plan, if ultimately approved and implemented, RBH, ITL and JTIM (the Companies) would pay an aggregate settlement amount of CAD 32.5 billion (approximately USD 23.5 billion). This amount would be funded by an upfront payment equal to the Companies' cash and cash equivalents on hand in Canada plus certain court deposits (subject to an aggregate withholding of CAD 750 million (approximately USD 540 million) for working capital inclusive of cash pledged as collateral) and annual payments based on a percentage of the Companies' net income after taxes (excluding that generated by certain non-combustible products including heat-not-burn, e-vapor and nicotine pouch products) until the aggregate settlement amount is paid. As stated in the Proposed Plan, the issue of allocation of the CAD 32.5 billion aggregate settlement as between the Companies in the CCAA proceedings remains unresolved.</p>
<p><i>"After years of mediation, we welcome this important step towards the resolution of long-pending tobacco product-related litigation in Canada,"</i> said Jacek Olczak, Chief Executive Officer of PMI. "<i>Although important issues with the plan remain to be resolved,</i> <i>we are hopeful that this legal process will soon conclude, allowing RBH and its stakeholders to focus on the future."</i></p>


Legal

Philip Morris, Imperial Tobacco, JTI-Macdonald Face $23.5B Settlement in Canada Tobacco Lawsuits

<p><a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cloudflare.com%2F&amp;esheet=54138023&amp;newsitemid=20241018840279&amp;lan=en-US&amp;anchor=Cloudflare%2C+Inc.&amp;index=1&amp;md5=3e1a02702fd6e8744473a752dd19c5f5">Cloudflare, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>), the leading connectivity cloud company, today announced the opening of a new headquarters and technical hub in Lisbon, Portugal to further support its growing EMEA operations and offices in London, Paris, Munich, and Dubai. Portugal already represents a growing Cloudflare team.</p>
<p>Today, Cloudflare's network currently spans 58 cities in Europe, including Lisbon, Portugal, which was announced in <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fblog.cloudflare.com%2Famsterdam-to-zhuzhou-cloudflare-global-network%2F&amp;esheet=54138023&amp;newsitemid=20241018840279&amp;lan=en-US&amp;anchor=2016&amp;index=2&amp;md5=89c437ed99560575fd137ba7cd354fa5">2016</a>. Cloudflare announced its first office in Lisbon in 2019. Since establishing an office in the region, the company has grown from 14 employees to more than 350 in Portugal. Cloudflare plans to significantly increase its presence in Lisbon over the coming years.</p>
<p>Cloudflare celebrated the official opening of its new office with a ribbon cutting ceremony, followed by a reception attended by Portugal's Minister of Economy, Mr. Pedro Reis, along with other Portuguese officials. Top Cloudflare executives were also in attendance, including Cloudflare co-founder and CEO Matthew Prince, and John Graham-Cumming, CTO &amp; Head of the Lisbon office, which he opened in July 2019.</p>


Government

Regulations

Cloudflare Expands European Operations With New Lisbon Headquarters, Plans Major Workforce Growth

<p><strong>Schlumberger Limited</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) will release earnings results for its third quarter, before the<a href="https://www.benzinga.com/quote/SLB/earnings"> opening bell on Friday, Oct. 18.</a></p>
<p>Analysts expect the Buffalo, New York-based company to report quarterly earnings at 88 cents per share, up from 71 cents per share in the year-ago period. SLB projects to report revenue of $9.25 billion for the quarter, compared to $7.58 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>
<p>On Thursday, SLB agreed to sell its interests in Palliser Block.</p>
<p>SLB shares gained 0.7% to close at $43.99 on Thursday.</p>
<p>Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>
<p>Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/SLB/analyst-ratings">analysts have rated the company</a> in the recent period.</p>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/580874cb846faa000106ac9d/david-anderson">Barclays analyst David Anderson</a> maintained an Overweight rating and cut the price target from $67 to $63 on Oct. 16. This analyst has an accuracy rate of 63%.</li>
<li>Stifel analyst Stephen Gengaro maintained a Buy rating and cut the price target from $65 to $62 on Oct. 11. This analyst has an accuracy rate of 60%.</li>
<li>BMO Capital analyst Philip Jungwirth maintained an Outperform rating and cut the price target from $60 to $58 on Oct. 10. This analyst has an accuracy rate of 61%.</li>
<li>JP Morgan analyst Arun Jayaram maintained an Overweight and cut the price target from $64 to $60 on Oct. 1. This analyst has an accuracy rate of 65%.</li>
<li>Morgan Stanley analyst Connor Lynagh maintained an Overweight rating and slashed the price target from $65 to $60 on Sept. 16. This analyst has an accuracy rate of 60%.</li>
</ul>
<p>Considering buying SLB stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="511" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-1024x511.png" alt="" class="wp-image-602108" style="width:705px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-1024x511.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157-768x383.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18035404/image-157.png 1338w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next: </strong></p>
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<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></strong></li>
</ul>


SLB Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

<p>The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.</p>
<p>U.S. stocks settled mostly higher on Thursday, with the Dow Jones index climbing to a new record close following the release of economic data.</p>
<p>U.S. initial jobless claims fell by 19,000 in the week ending Oct. 12. U.S. retail sales rose 0.4% month-over-month in September compared to a 0.1% increase in August and higher than market estimates of a 0.3% rise. The Philadelphia Fed Manufacturing Index climbed to 10.3 in October compared to 1.7 in September and topping market estimates of 3.</p>
<p><strong>Taiwan Semiconductor Manufacturing Company Ltd.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) shares jumped around 9.8% on Thursday following better-than-expected third-quarter earnings and strong fourth-quarter guidance</p>
<p>Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and real estate stocks recording the biggest losses on Thursday. However, energy and information technology stocks bucked the overall market trend, closing the session higher.</p>
<p>The Dow Jones closed higher by around 161 points to 43,239.05 on Thursday. The S&amp;P 500 slipped 0.02% to 5,841.47, while the Nasdaq Composite rose 0.04% at 18,373.61 during Thursday's session.</p>
<p>Investors are awaiting earnings results from <strong>American Express Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>),<strong> The Procter &amp; Gamble Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), and<strong> Schlumberger Limited</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) today.</p>
<p><strong>What is CNN Business Fear &amp; Greed Index?</strong></p>
<p>At a current reading of 71.5, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 69.5.</p>
<p>The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></strong></li>
</ul>
<p><em>Photo courtesy: Shutterstock</em></p>


TSMC, Strong Economic Data Push Dow To Fresh Record High: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

<p>With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:</p>
<ul>
<li>Wall Street expects <strong>American Express Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) to report quarterly earnings at $3.28 per share on revenue of $16.67 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. American Express shares gained 1.8% to $290.91 in after-hours trading.</li>
<li><strong>Netflix Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) reported stronger-than-expected third-quarter financial results, posting revenue of $9.825 billion, up 15% year-over-year, versus market estimates of $9.769 billion. The company ended the third quarter with 282.72 million global paid subscribers, up 14.4% year-over-year. Netflix shares climbed 5.1% to $722.35 in the after-hours trading session.</li>
<li>Analysts are expecting <strong>The Procter &amp; Gamble Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) to post quarterly earnings at $1.90 per share on revenue of $21.91 billion. The company will release earnings before the markets open. Procter &amp; Gamble shares gained 0.1% to $172.50 in after-hours trading.</li>
</ul>
<p>Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a></p>
<ul>
<li><strong>Intuitive Surgical, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) posted better-than-expected third-quarter financial results. The company also said it obtained regulatory clearance in South Korea for the da Vinci 5 surgical system in October. Intuitive Surgical shares climbed 6.1% to $502.80 in the after-hours trading session.</li>
<li>Analysts expect <strong>Schlumberger Limited</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to report quarterly earnings at 88 cents per share on revenue of $9.25 billion before the opening bell. SLB shares rose 0.4% to $44.16 in after-hours trading.</li>
</ul>
<p><strong>Check This Out: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41379749/abbvie-is-doing-very-well-but-jim-cramers-favorite-abbott-laboratories">AbbVie Is Doing &#8216;Very Well&#8217; But Jim Cramer&#8217;s Favorite? Abbott Laboratories</a></strong></li>
</ul>
<p><em>Photo courtesy: Shutterstock</em></p>


ISRG

NFLX

Netflix, American Express And 3 Stocks To Watch Heading Into Friday

<p><strong>MicroStrategy Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) founder <strong>Michael Saylor </strong>encouraged those who doubt the upside potential of <strong>Bitcoin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to go short on the company's stock, assuring that it would never sell the cryptocurrency.</p>
<p><strong>What happened</strong>: During an interview with journalist <strong>Madison Reidy </strong>that aired Thursday, Saylor asked skeptics to "love" MicroStrategy if they really "hate" Bitcoin.</p>
<p>"We&#8217;re the perfect instrument to short because I promise you, I won&#8217;t sell it. We&#8217;re going to be leveraged long on Bitcoin," said Saylor, one of the most passionate advocates of the cryptocurrency.</p>
<p>&#8220;I want you to love us if you really hate BTC.&#8221;</p>
<p>Saylor said as a company, MicroStrategy has been consistent and transparent in its policy of buying and holding on to Bitcoin, and it was up to market participants to decide if they wanted to buy, sell, or short their shares.</p>
<p>"When I was a younger man I would have been concerned about people shorting my stock but now I&#8217;m not," Saylor added.&nbsp;</p>
<p><strong>See Also</strong>: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41373332/donald-trump-backed-world-liberty-financial-off-to-a-slow-start-raises-just-4-of-the-token"><strong>Donald Trump-Backed World Liberty Financial Off To A Slow Start — Raises Just 4% Of The Token Fundraising Target</strong></a></p>
<p><strong>Why It Matters: </strong>Saylor&#8217;s remarks came amid MicroStratgy&#8217;s audacious Bitcoin gambit, which has transformed the software development firm into a proxy for the world&#8217;s greatest digital asset.</p>
<p>MicroStrategy <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40306998/since-embracing-bitcoin-4-years-ago-michael-saylors-microstrategy-has-outperformed-warren-">adopted Bitcoin as its primary reserve asset</a> in 2020, becoming the first publicly listed company to pursue this strategy, and hasn't looked back since then. Today, it holds over $17 billion of its total capital in Bitcoin, <a href="https://bitcointreasuries.net/">according</a> to bitcointreasuries.net.</p>
<p>Saylor projects that by 2045, <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40916462/michael-saylor-bitcoin-to-hit-13m-by-2045-will-get-us-to-a-different-place#:~:text=Michael%20Saylor%3A%20Bitcoin%20To%20Hit,To%20A%20Different%20Place'%20%2D%20Benzinga">Bitcoin will constitute 7% of global financial capital</a>, implying a $13 million price per Bitcoin.</p>
<p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><br />
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Michael Saylor: Why MicroStrategy's Bitcoin funding is NOT a glitch" width="500" height="281" src="https://www.youtube.com/embed/eThjo9wYoF0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<p></p></figure></p>
<p><strong>Price Action</strong>: At the time of writing, Bitcoin was exchanging hands at $67,931.57, up 0.98% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Shares of MicroStrategy closed down 0.35% to $193.42 during Thursday's regular trading session.</p>
<p><strong>Read Next:</strong><em>&nbsp;</em></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41372654/peter-schiff-questions-trump-inspired-bitcoin-pump-one-of-the-promises-he-did-not-make-was"><strong>Peter Schiff Question &#8216;Trump-Inspired&#8217; Bitcoin Pump: &#8216;One Of The Promises He Did Not Make Was To Buy Any&#8217;</strong></a></li>
</ul>
<p><em>Photo courtesy: Wikimedia</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

MSTR

MicroStrategy Boss Michael Saylor Taunts Bitcoin Doubters, Challenges Them To Short Company's Stock: 'I Want You To Love Us If You Really Hate BTC'

<p><strong>Alphabet Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary<strong> Waymo</strong> is providing riders who <a href="https://www.benzinga.com/news/24/06/39494723/waymo-autonomous-rides-now-available-to-everyone-in-san-francisco-heres-how-you-can-enjoy-driverless">avail an autonomous ride</a> to select transit stations in San Francisco and the Peninsula $3 credit in a bid to promote public transportation, the company said on Thursday.</p>
<p><strong>What Happened: </strong>Waymo will credit $3 to riders&#8217; accounts if they take an autonomous ride to or from eligible Bay Area transit stations. These credits can be used for future rides.</p>
<p>The program started on Oct. 17 and will go on till Nov.15. The credits can be used until Dec. 31, according to a statement from Waymo. </p>
<p>&#8220;By offering electric rides on demand and improving access to public transit, Waymo One is making daily travel more sustainable and convenient,&#8221; said <strong>Adam Lenz</strong>, Head of Sustainability and Environment at Waymo.</p>
<p><strong>Why It Matters:</strong> Waymo currently operates a fleet of all-electric vehicles that have been customized to enable autonomous driving. The company is delivering over 100,000 paid autonomous rides every week to the public, the company said on Thursday.</p>
<p>Automotive research firm&nbsp;<strong>S&amp;P Global Mobility&nbsp;</strong>said in September that it deems&nbsp;<a href="https://www.benzinga.com/news/24/09/40792410/us-autonomous-vehicle-sales-to-hit-230k-by-2034-after-progress-resumes-at-alphabets-waymo-gms-cruise" target="_blank" rel="noreferrer noopener">Waymo to be the frontrunner&nbsp;</a>in the field of autonomous vehicles in the U.S.&nbsp;</p>
<p><strong>&nbsp;</strong>In July, Alphabet committed&nbsp;to a new multiyear&nbsp;<a href="https://www.benzinga.com/news/24/07/39924838/alphabet-commits-to-another-5b-investment-in-waymo-tesla-ceo-elon-musk-takes-jibe-at-cash-burn-in-un" target="_blank" rel="noreferrer noopener">investment of $5 billion into Waymo</a>&nbsp;to help the company "continue to build the world's leading autonomous driving technology company."</p>
<p><em>Check out more of Benzinga's Future Of Mobility coverage by&nbsp;</em><a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener"><em>following this link</em></a>.</p>
<p><strong>Read More:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41324450/elon-musk-says-spacexs-next-generation-starlink-satellites-will-be-so-big-that-only-starship-can-lau" target="_blank" rel="noreferrer noopener">Elon Musk Says SpaceX&#8217;s Next-Generation Starlink Satellites Will Be ‘So Big That Only Starship Can Launch Them:&#8217; Will Offer 10X Increase In Bandwidth And Reduced Latency</a></strong></li>
</ul>
<p><em>Photo courtesy: Shutterstock</em></p>


Tech

GOOG

GOOGL

Waymo Offers Free Credits To Riders Traveling To Select Transit Stations In The Bay Area: Here's How Much You Can Get

<p>Coca-Cola Europacific Partners plc (&quot;CCEP&quot; or the &quot;Company&quot;) today confirms notification of transfer of UK listing category from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official List</p>


Coca-Cola European Partners plc Ordinary Shares

CCEP

Coca-Cola Europacific Partners To Shifts To Commercial Companies Category, Paving The Way For FTSE Index Eligibility

NYCB

Reported Earlier, Flagstar Bank, Subsidiary of New York Community Bancorp, Cuts 8% of Workforce In Strategic Transformation And Cost-Cutting Initiative

<p>Lotus continues to achieve top-rate growth among traditional luxury car brands, delivering 7,543 vehicles1&nbsp;in the first nine months of 2024, representing a year-on-year increase of&nbsp;134%. Global allocation in terms of deliveries remained well-distributed, with Europe, China, North America and the Rest of the World regions each contributing about&nbsp;20-35%&nbsp;of the total deliveries. In the&nbsp;third quarter&nbsp;of 2024, Emeya (GT, Sedan) was delivered to Europe, whilst Eletre (SUV) reached markets including the GCC, Japan and Korea.</p>


Reported Earlier, Lotus Technology Reports 134% YoY Vehicle Delivery Surge In First Nine Months Of 2024

Econ #s

U.K. Retail Sales (YoY) For September 3.9% Vs. 3.2% Est.; 2.3% (Revised) Prior

U.K. Retail Sales (MoM) For September 0.3% Vs. -0.3% Est.; 1.0% Prior

U.K. Core Retail Sales (MoM) For September 0.3% Vs. -0.3% Est.; 1.1% Prior

U.K. Core Retail Sales (YoY) For September 4.0% Vs. 3.2% Est.; 2.2% (Revised) Prior

<p><strong>Netflix Inc.</strong>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) Co-CEO&nbsp;<strong>Ted Sarandos</strong> on Thursday outlined why the streaming giant continues to hold an edge over <strong>YouTube</strong>, a subsidiary of <strong>Alphabet Inc.&#8217;s</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) <strong>Google</strong>.</p>
<p><strong>What Happened</strong>: During Netflix&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">third-quarter earnings</a> call, a question about&nbsp;YouTube&#8217;s growing share of TV&nbsp;consumption was raised.</p>
<p>In response, Sarandos highlighted Netflix&#8217;s commitment to investing in premium content to increase viewer engagement, stating, &#8220;Netflix is the best place&nbsp;for premium stories because we&#8217;re&nbsp;the home to the best&nbsp;storytellers.&#8221;</p>
<p><strong>See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41375934/meta-confirms-layoffs-across-instagram-whatsapp-and-reality-labs-amid-strategic-reshuffle?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic Reshuffle</a></strong></p>
<p>Regarding YouTube, he said, &#8220;When I look at YouTube specifically, I&#8217;d say look, we compete directly with YouTube for people&#8217;s time, for the time they spend on that TV screen. But we have very different strengths.&#8221;</p>
<p>Another, Netflix Co-CEO <strong>Greg Peters</strong> added that Netflix plays a crucial role for consumers seeking high-quality movies and TV shows, and for creators looking for partners willing to share the inherent risks of bringing stories to life.</p>
<p>&#8220;A Hundred Years of Solitude, Senna, both coming from Latin America, which are huge, ambitious projects. It&#8217;s hard to imagine how those kind of big creative bets would be possible with YouTube&#8217;s model,&#8221; Peters stated.</p>
<p><em>Subscribe to the&nbsp;</em><a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener"><em>Benzinga Tech Trends newsletter</em></a><em>&nbsp;to get all the latest tech developments delivered to your inbox.</em></p>
<p><strong>Why It Matters</strong>: Netflix&#8217;s third-quarter financial results showed a 15% year-over-year increase in revenue, beating Street consensus estimates.</p>
<p>Moreover, Netflix&#8217;s recent foray into live sports programming indicates a strategic shift from its traditional on-demand model. This move aims to capture high-impact moments and the <a href="https://www.benzinga.com/general/entertainment/24/10/41395213/netflixs-200b-hour-problem-why-live-sports-are-just-a-drop-in-the-streaming-ocean">excitement of global live events</a>, further enhancing viewer engagement.</p>
<p>During the <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game" target="_blank" rel="noreferrer noopener">second-quarter earnings</a> call, Netflix executives were asked questions about YouTube.</p>
<p>At the time, Sarandos&nbsp;said, &#8220;So our two services — us and YouTube represent about 50% of all streaming to the TV in the U.S. and we use the U.S. only because that's where we have the data.&#8221;</p>
<p>&#8220;So really what we're focused on here is focusing ourselves on that other 80% of total TV time that isn't going to either us or YouTube,&#8221; he said in July.</p>
<p>Sarandos <a href="https://www.benzinga.com/general/entertainment/24/07/39853498/netflix-aims-to-capture-broader-tv-market-sees-youtube-as-both-competitor-and-partner-we-ki">reiterated Netflix&#8217;s commitment to focus</a> on the remaining 80% of the market during the third-quarter call too.</p>
<p><em>Check out more of Benzinga's Consumer Tech coverage by&nbsp;</em><a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener"><em>following this link</em></a><em>.</em></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41356479/apple-spark-hope-for-americas-semiconductor-comeback-key-supplier-tsmc-reportedly-begins-producing-c?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Spark Hope For America&#8217;s Semiconductor Comeback: Key Supplier TSMC Reportedly Begins Producing Chips In US For iPhone Maker</a></strong></li>
</ul>
<p><strong><em>Disclaimer</em>:</strong><em>&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Photo courtesy: Unsplash</em></p>


Entertainment

Equities

Netflix's Ted Sarandos Downplays Concerns Of YouTube's Growing Share Of TV Consumption: 'We're The Home To The Best Storytellers'

<p>Orders and deliveries</p>
<p>In Q3, net order intake decreased by 8% to 43,234 trucks and deliveries decreased by 16% to 46,266 units. Deliveries of heavyduty trucks decreased by 9%, of medium-duty trucks by 21% and of light-duty trucks by 61%.</p>


VLVLY

Volvo's Q3 Saw 8% Drop In Net Order Intake To 43,234 Trucks, With Deliveries Down 16% To 46,266 Units

<p>Volvo (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLVLY#OTC">VLVLY</a>) reported quarterly earnings of $0.47 per share. This is a 26.18 percent decrease over earnings of $0.64 per share from the same period last year. The company reported $11.22 billion in sales this quarter. This is a 8.38 percent decrease over sales of $12.25 billion the same period last year</p>


VLVCY

Volvo Q3 EPS $0.47 Down From $0.64 YoY, Sales $11.22B Down From $12.25B YoY

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Finding a high-return investment edge is essential for accumulating money and reaching financial objectives in today&rsquo;s fast-paced stock market. Here, the focus is on choosing high-<a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> to buy right now, a crucial tactic for those looking to optimize their returns. Investors can profit greatly by knowing which stocks are likely to soar in value and taking advantage of new possibilities and market trends. A confident investment selection is vital in this adverse macroeconomic environment since the correct stocks may yield considerable returns.</p>



<p>The research delves into the essential elements that set some stocks apart, such as solid financial results, tactical market positioning, and creative thinking. By exploring these features, we offer insights that can assist investors in making well-informed stock selection decisions. Knowing which stocks to buy becomes more crucial when market circumstances change since it helps investors manage market volatility and achieve sustained development. With the help of this guide, investors should be able to recognize and select stocks with the best chance of experiencing rapid development.</p>



<h2>United Microelectronics (UMC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/umc-stock-1600-300x169.png" alt="Semiconductors chips and blurred UMC United Microelectronics Corporation logo."><div>Source: Ascannio via shutterstock</div></div><p><strong>United Microelectronics </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/umc-stock-quote/"><strong>UMC</strong></a></span>) is a leading wafer foundry in the semiconductor sector. In Q1 2024, it generated a net total of $54.63 billion in consolidated sales and a 30.9% gross margin.</p>



<p>Moreover, United Microelectronics has the fundamental capacity to manage production costs and preserve the bottom line in the competitive semiconductor sector.&nbsp;This&nbsp;is reflected in the company&rsquo;s ability to maintain a gross margin close to 31%, even against a modest decline in sales from prior quarters. With an&nbsp;<a href="https://www.umc.com/upload/media/08_Investors/Financials/Quarterly_Results/Quarterly_2020-2029_English_pdf/2024/Q1_2024/UMC24Q1_report.pdf" target="_blank">EPS of NT$0.84</a>, United Microelectronics&rsquo; net income was NT$10.46 billion. Even though it is less than NT$13.1 billion from Q4 2023, this still shows solid profitability despite market volatility.</p>



<p>Additionally, United Microelectronics&rsquo; utilization rate in&nbsp;<a href="https://www.umc.com/upload/media/08_Investors/Financials/Quarterly_Results/Quarterly_2020-2029_English_pdf/2024/Q1_2024/UMC24Q1_financial_presentation-E.pdf" target="_blank">Q1 was 65%</a>, a slight decrease from 66% in Q4 2023. The shipping volume climbed sequentially by around 4.5%. United Microelectronics&rsquo; operational efficiency and capacity to fulfill expanding demand without experiencing proportionate increases in operational strain also reflect this shipment growth, notwithstanding a steady utilization rate. </p>



<p>To sum up, one of the top stocks to buy is United Microelectronics because of its capacity to increase shipping volumes and maintain a high gross margin against competition.</p>



<h2>Despegar (DESP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/travel-stocks-1600-300x169.jpg" alt="A photo of an excited woman riding on the back of a bike a man is driving."><div>Source: OPOLJA / Shutterstock.com</div></div><p><strong>Despegar</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/desp-stock-quote/"><strong>DESP</strong></a></span>) is a leading online travel company targeting the Latin American market. Gross bookings, a sharp measure of the company&rsquo;s commercial performance, increased greatly. Year-over-year (YOY), gross bookings&nbsp;<a href="https://s202.q4cdn.com/565082690/files/doc_financials/2024/q1/1Q24-Despegar-com-Corp.pdf" target="_blank">climbed by 12%</a>&nbsp;to $1.3 billion (in Q1 2024). Even more, gross bookings increased by 42% YOY on a constant currency basis. The target markets of Mexico and Brazil saw solid YOY gains in gross bookings of 26% and 27%, respectively.</p>



<p>Moreover, Despegar saw a&nbsp;<a href="https://s202.q4cdn.com/565082690/files/doc_financials/2024/q1/1Q24-Despegar-com-Corp.pdf" target="_blank">9.2% YOY rise</a>&nbsp;in revenue during Q1, totaling $174 million. In constant currency, revenues increased by 36%. The business consistently had a high take rate of 13.4%, demonstrating how well it turned reservations into income. The substantial revenue increase derives from a strategic shift towards non-air revenue. This is currently around <a href="https://s202.q4cdn.com/565082690/files/doc_financials/2024/q1/despegar_1q24_transcript.pdf">65% of overall sales</a> and is far more profitable. It is imperative to shift toward higher-margin items to increase overall profitability.</p>



<p>Overall, Despegar&rsquo;s strong market position and commercial tactics are highlighted by its sharp rise in gross bookings and revenue, especially in Brazil and Mexico.&nbsp;</p>



<h2>Airgain (AIRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/satellite-communication-earth-space-300x169.jpg" alt="Visualization of the communication network around Earth. communications stocks"><div>Source: NicoElNino / Shutterstock.com</div></div><p><strong>Airgain</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/airg-stock-quote/"><strong>AIRG</strong></a></span>) specializes in wireless communications technology. Sales for the company in Q1 2024&nbsp;<a href="https://investors.airgain.com/news-events/press-releases/detail/216/airgain-reports-first-quarter-2024-financial-results" target="_blank">were $14.2 million</a>, a vital 41% sequential increase in revenue. This consecutive boost indicates a strong market rebound and effective operations. However, Q1 2024 sales were still 13.5% less than Q1 2023, mostly due to difficulties in the consumer and automobile industries, with $8.9 million in revenues. The enterprise category comprised the&nbsp;biggest proportion of the total, a phenomenal&nbsp;<a href="https://investors.airgain.com/news-events/press-releases/detail/216/airgain-reports-first-quarter-2024-financial-results" target="_blank">92% increase</a>&nbsp;over the previous quarter.</p>



<p>Certainly, enhancements in gross margin provide yet another crucial advantage. Airgain delivered a non-GAAP gross margin of 40.2% in Q1 2024.&nbsp;This&nbsp;is up from 30.3% in the prior quarter and somewhat higher than the 39.1% margin from Q1 2023. The increasing gross margins reflect the successful shift to higher-margin products and efficient cost control. Hence, this pattern suggests that Airgain&rsquo;s calculated bets on fresh product offerings and cutting-edge technology are starting to pay off. </p>



<p>To conclude, Airgain&rsquo;s competitive advantage as one of the top stocks to buy reflects its considerable top-line growth in the consumer, automotive, and enterprise areas and its gross margins.</p>



<p><em>As of this writing, Yiannis Zourmpanos held a long position in DESP. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a></em></p>
<div><p>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.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/millionaires-choice-3-stocks-to-buy-now-for-explosive-growth/">Millionaire's Choice: 3 Stocks to Buy Now for Explosive Growth</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Millionaire's Choice: 3 Stocks to Buy Now for Explosive Growth

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Finding top stocks to buy with the potential for spectacular growth is essential for optimizing returns in today&rsquo;s fast-paced financial environment. Examining the&nbsp;robust&nbsp;growth plans and fundamentals of these stocks will help you understand why they stand out. </p>



<p>In this case, the key components are leadership in branding-as-a-service, reinventing market participation through a significant expansion of the fulfillment infrastructure, and increasing brand visibility. Comparably, in light of the growing demand for artificial intelligence (<span>AI</span>) and power management integrated circuits, the focus is on a well-known semiconductor foundry.&nbsp;This&nbsp;demonstrates financial robustness with high net income and effective cost control.&nbsp;</p>



<p>Moreover, the last need is specialization in wireless communication technologies that exhibit notable operational efficiency and strategic market penetration. This is particularly true in the rapidly expanding IoT and 5G sectors. These companies are attractive options for taking advantage of long-term development prospects because of their creative thinking, strong financial performance, and unmatched potential. </p>



<p>The below information facilitates portfolio optimization and leads to long-term financial success. Examine the rationale behind choosing particular companies and the qualities that make them deserving of attention in today&rsquo;s investing world.</p>



<h2>GigaCloud Technology (GCT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/packages-1600-300x169.png" alt="cardboard boxes on conveyor belt in warehouse, 3d illustration"><div>Source: cybrain via shutterstock</div></div><p><strong>GigaCloud</strong> <strong>Technology</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/gct-stock-quote/"><strong>GCT</strong></a></span>) provides branding-as-a-service (BaaS). It facilitates marketplace participants&rsquo; enhancing their brand visibility using established brands. This program allows retailers to use well-known brands like Christopher Knight Home, which has more than a million five-star ratings.</p>



<p>Moreover, GigaCloud&rsquo;s total fulfillment capacity has grown to over&nbsp;<a href="https://investors.gigacloudtech.com/news-releases/news-release-details/gigacloud-technology-inc-announces-first-quarter-ended-march-31" target="_blank">10 million</a>&nbsp;square feet.&nbsp;This&nbsp;is across 42 prime sites in five countries with three new fulfillment facilities installed in the United States and one in Germany during the first quarter of 2024. Through quicker and more dependable delivery services, this&nbsp;huge&nbsp;increase in fulfillment capacity supports the effective management of higher transaction volumes.</p>



<p>Additionally, Q1 2024 saw GigaCloud&rsquo;s overall sales nearly double to&nbsp;<a href="https://investors.gigacloudtech.com/news-releases/news-release-details/gigacloud-technology-inc-announces-first-quarter-ended-march-31" target="_blank">$251 million</a>&nbsp;up 96.5% from $127.8 million during the same period the previous year. This remarkable revenue increase demonstrates the company&rsquo;s capacity to extend its operations and take a bigger market share. The company&rsquo;s ability to convert revenue growth into increased profitability is reflected in its 71.1% increase in net income to&nbsp;<a href="https://investors.gigacloudtech.com/static-files/bf936436-18d9-4ea0-a476-f2eb921cc0dd" target="_blank">$27 million.&nbsp;</a></p>



<h2>United Microelectronics (UMC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/umc-stock-1600-300x169.png" alt="Semiconductors chips and blurred UMC United Microelectronics Corporation logo."><div>Source: Ascannio via shutterstock</div></div><p><strong>United Microelectronics</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/umc-stock-quote/"><strong>UMC</strong></a></span>) is a semiconductor foundry that offers wafer manufacturing services. In Q1 2024, the company&rsquo;s net income was&nbsp;<a href="https://www.umc.com/upload/media/08_Investors/Financials/Quarterly_Results/Quarterly_2020-2029_English_pdf/2024/Q1_2024/UMC24Q1_report.pdf" target="_blank">$10.46 billion </a><a href="https://www.umc.com/upload/media/08_Investors/Financials/Quarterly_Results/Quarterly_2020-2029_English_pdf/2024/Q1_2024/UMC24Q1_report.pdf" target="_blank">NT</a>, or 84 cents NT per share. Despite a decline in net income from $13.1 billion NT in Q4 2023, solid operational performance and effective cost control were evident. Wafer shipments climbed by&nbsp;<a href="https://www.umc.com/upload/media/08_Investors/Financials/Quarterly_Results/Quarterly_2020-2029_English_pdf/2024/Q1_2024/UMC24Q1_report.pdf" target="_blank">4.5% sequentially</a>&nbsp;despite this&nbsp;slight&nbsp;decline in the utilization rate.</p>



<p>Additionally, the shipment increase during a consistent utilization rate reflects strong demand for the company&rsquo;s products.&nbsp;This&nbsp;is especially true in high-growth industries like AI and power management integrated circuits. Further, operating costs decreased 13.4% from Q4 2023 to&nbsp;<a href="https://finance.yahoo.com/news/united-microelectronics-corporation-nyse-umc-162231552.html" target="_blank">$5.7 billion </a><a href="https://finance.yahoo.com/news/united-microelectronics-corporation-nyse-umc-162231552.html" target="_blank">NT</a>&nbsp;in Q1 2024. This&nbsp;large&nbsp;cost savings demonstrates United Microelectronics&rsquo; successful cost-control strategies and seasonal changes.</p>



<p>Moreover, other operating revenue was $513 million NT, primarily from government subsidies, indicating a decrease consistent with lowered depreciation curves. The way operational income and expenses interact suggests a methodical approach to cost control and revenue stream optimization.</p>



<p>To sum up, United Microelectronics stands out due to its robust financial metrics, including&nbsp;net solid&nbsp;income and substantial cash reserves, making it a solid addition in the the top stocks to buy.</p>



<h2>Airgain (AIRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/shutterstock_1034855800-300x169.png" alt="A photo of a satellite over earth."><div>Source: AlexLMX / Shutterstock</div></div><p><strong>Airgain</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/airg-stock-quote/"><strong>AIRG</strong></a></span>) leads in wireless communication technologies, particularly antennas and embedded modems for IoT applications. As a result of the constant operational edge, the company&rsquo;s non-GAAP gross margin&nbsp;<a href="https://d1io3yog0oux5.cloudfront.net/_181e5db433cadb19278a4b72f2b3e33c/airgain/news/2024-05-08_Airgain_Reports_First_Quarter_2024_Financial_216.pdf" target="_blank">increased to 40.2%</a>&nbsp;from 39.1% in Q1 2023. A solid focus on embedded modems and customized devices has fueled growth. Based on the growth in IoT antenna sales from Q4 and a robust backlog, there may be continued demand through 2024.</p>



<p>Moreover, the performance was better than anticipated, even with the usual seasonal slowdowns. With design gains, the switch from&nbsp;<a href="https://d1io3yog0oux5.cloudfront.net/_181e5db433cadb19278a4b72f2b3e33c/airgain/news/2024-05-08_Airgain_Reports_First_Quarter_2024_Financial_216.pdf" target="_blank">Wi-Fi 6/6E to Wi-Fi 7&nbsp;</a>offers significant growth potential. Another sharp move is the movement towards fixed wireless access (FWA).&nbsp;This&nbsp;is to capitalize on the rising customer trend of choosing wireless over wired Internet services. Despite industry-wide headwinds and inventory adjustments, the demand for Airgain Connect Fleet (AC Fleet) products indicates a possible rebound.</p>



<p>Overall, Airgain&rsquo;s focus on efficiency improvements, new product launches in 5G, and strategic market diversification contribute to its appeal as one of the top stocks&nbsp;to buy.</p>



<p><em>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&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.</em></p>
<div><p>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.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/3-once-in-a-decade-stocks-set-for-unstoppable-growth/">3 Once-in-a-Decade Stocks Set for Unstoppable Growth</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Once-in-a-Decade Stocks Set for Unstoppable Growth

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Selecting the top stocks under $8 requires careful consideration of a company&rsquo;s market positioning, strategic goals, and financial standing. Comprehending these elements optimizes prospective profits while reducing risk.</p>



<p> Finding stocks to purchase requires more than just analyzing financial data; it also entails evaluating a company&rsquo;s potential for development, advantages over competitors, and compatibility with emerging market trends. Investing in stocks with solid fundamentals, creative tactics, and stable market positions is&nbsp;a good&nbsp;way to find lasting gain. These standards guarantee long-term wealth generation in addition to short-term advantages.&nbsp;</p>



<p>Each business offers distinct potential in the larger market environment. Whether it&rsquo;s a finance company developing identity verification, a telecoms company growing into 5G, or a tech firm pioneering IoT solutions, examine these three&nbsp;attractive&nbsp;stocks that might be worth investing in. Examining these stocks&rsquo; financial results, tactical choices, and market prospects may determine what makes them stand out as viable investment options and help one find lucrative chances against shifting market conditions.</p>



<h2>Airgain (AIRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/5g1600b-300x169.jpg" alt="stocks to buy. 5G Stocks"><div>Source: Shutterstock</div></div><p><strong>Airgain</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/airg-stock-quote/"><strong>AIRG</strong></a></span>) specializes in antenna technologies.&nbsp;This&nbsp;is particularly true for wireless connectivity solutions. Due to a sizable inventory charge, there is a significant improvement from 29.1% in Q4 2023 to&nbsp;<a href="https://investors.airgain.com/news-events/press-releases/detail/216/airgain-reports-first-quarter-2024-financial-results" target="_blank">39.2% in Q1 2024</a>&nbsp;GAAP gross margin. The non-GAAP gross margin increased to 40.2% (from 30.3% in Q4 2023). Despite challenging market conditions, Airgain&rsquo;s increased gross margins result from sharp cost control and efficiency improvements. </p>



<p>Additionally, Airgain has an edge in&nbsp;<a href="https://finance.yahoo.com/news/airgain-inc-nasdaq-airg-q1-164005359.html" target="_blank">high-growth industries</a> due to its strategic focus on new product initiatives, including 5G connectivity products, asset tracking systems, and&nbsp;smart&nbsp;fixed wireless access technologies.&nbsp;Moreover, the sharp market response and prospective top-line reflect the significant interest in and testing for products such as the&nbsp;<a href="https://finance.yahoo.com/news/airgain-inc-nasdaq-airg-q1-164005359.html" target="_blank">Lighthouse Smart Repeater&nbsp;</a>and AC Fleet. Airgain leverages solid industry trends (such as asset tracking and 5G). The company diversifies its top-line by growing its product lines and investing in advanced technology. Thus, by being proactive, this approach reduces the risks brought on by market cyclicality.</p>



<p>Overall, Airgain&rsquo;s inclusion on the <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> to buy list stems from its strategic focus on emerging technologies, positioning it favorably in high-growth segments.</p>



<h2>Tuya (TUYA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/iot1600d-min-300x169.jpg" alt="a cell phone with"><div>Source: Shutterstock</div></div><p><strong>Tuya</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/tuya-stock-quote/"><strong>TUYA</strong></a></span>) leads as an IoT platform. The company provides a platform-as-a-service (PaaS) solution to develop&nbsp;smart&nbsp;products. In Q1 2024, the company&rsquo;s consolidated gross margin uplifted to&nbsp;<a href="https://ir.tuya.com/news/news-details/2024/Tuya-Reports-First-Quarter-2024-Unaudited-Financial-Results/" target="_blank">47.8%</a>&nbsp;from 44.3% in Q1 2023. Indeed, a progressive product mix and fewer inventory write-downs led the IoT PaaS gross margin ascension to 46.4% (from 40.5% in Q1 2023). Similarly, Smart Solutions&rsquo; gross margin boosted from 21% in Q1 2023 to 28.3% in Q1 2024, demonstrating the value generated by integrated software capabilities.</p>



<p>Further, in Q1, the business served about 3K clients, marking annual steadiness. Here, the number of premium IoT PaaS customers who generate over $100K annually&nbsp;<a href="https://ir.tuya.com/news/news-details/2024/Tuya-Reports-First-Quarter-2024-Unaudited-Financial-Results/" target="_blank">rose to 269</a>,&nbsp;representing 85.1% of total IoT PaaS revenue. As of Q1, Tuya&rsquo;s platform has over&nbsp;<a href="https://s27.q4cdn.com/751054641/files/doc_financials/2024/q1/tuya-inc-1q24-earnings-call-transcript.pdf" target="_blank">1,074K registered developers</a>, an increase of 8.2% from December 2023. This expansion highlights how appealing the platform is and how well it fosters creativity and new product creation.</p>



<p>To sum up, Tuya&rsquo;s robust growth in IoT PaaS adoption, expansion in its developer base, and improved profitability metrics support its presence on the penny stocks to buy list.</p>



<h2>Intellicheck (IDN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks1600-2-300x169.png" alt="Wealth And Financial Freedom Creation Through Dividend Reinvestment (DRIP) Plan With Well Known Safe Low Expense Ratio Index Funds. Dividend stocks"><div>Source: ShutterstockProfessional / Shutterstock.com</div></div><p><strong>Intellicheck</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/idn-stock-quote/"><strong>IDN</strong></a></span>) is making progress in identity verification solutions. The company serves various sectors, including retail, automotive, financial, and education. Adjusted EBITDA for the company improved 79% from a<a href="https://www.intellicheck.com/newsroom/intellicheck-announces-record-first-quarter-2024-financial-results-may-13-2024" target="_blank">&nbsp;loss of $558K</a>&nbsp;in Q1 2023 to a loss of $117K in Q1 2024,&nbsp;indicating a considerable improvement. This improvement reduces loss despite&nbsp;larger&nbsp;spending in growth areas like sales and marketing. It is a reflection of Intellicheck&rsquo;s successful cost-control strategies and operational efficiency. Improvements were also seen in net income, with a&nbsp;<a href="https://cdn.prod.website-files.com/6605ba4e19a07cd7b207e1e9/664612ce387f11a38e403764_Q1%202024%20Earnings%20Call%20Transcript.pdf" target="_blank">$945K year-over-year</a>&nbsp;decrease in net loss. </p>



<p>Additionally, Intellicheck&rsquo;s distribution and market reach has been expanded with the <a href="https://cdn.prod.website-files.com/6605ba4e19a07cd7b207e1e9/664612ce387f11a38e403764_Q1%202024%20Earnings%20Call%20Transcript.pdf">launch of a channel partner program</a> and agreements with eight additional partners (and the possibility of adding more). </p>



<p>To conclude, Intellicheck is on the penny stocks to buy list due to its enhanced operational efficiencies, expansion into new market segments, and establishment of strategic partnerships to drive revenue growth and market penetration.</p>



<p><em><strong>On Penny Stocks and Low-Volume Stocks:</strong>&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.</em></p>



<p><em><strong>Read More:</strong>&#8239;Penny Stocks &mdash;&nbsp;</em><a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank"><em>How to Profit Without Getting Scammed</em></a></p>



<p><em>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&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.</em></p>
<div><p>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.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/the-next-big-thing-3-stocks-under-8-with-700-potential/">The Next Big Thing: 3 Stocks Under $8 With 700% Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Investing in <a href="https://investorplace.com/stock-types/undervalued-stocks/">undervalued stocks</a> that have the potential to derive high returns is a solid strategy. Here, the focus is on three dirt-cheap stocks that could make one a millionaire by 2026. These companies have been selected based on&nbsp;their impressive financial metrics and growth indicators, which make them standout choices for those seeking high-return investments.</p>



<p>The first company has demonstrated remarkable improvement in its gross margin, which points to its effective cost management and operational efficiency. The second boasts an exceptional gross margin,&nbsp;which highlights&nbsp;its strong position in the competitive blockchain sector. Finally, the third company has shown outstanding profitability metrics, with considerable increases in net income and returns on equity and assets.&nbsp;</p>



<p>Understanding these companies&rsquo; fundamentals is vital to capitalize on potentially high-reward opportunities in the stock market. In short, these stocks hold solid financial health and reflect strategic initiatives and market positioning that could lead to high gains.</p>



<h2>Airgain (AIRG)</h2>



<a href="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1570147828-scaled-e1667921955402.jpg"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1570147828-scaled-e1667921955402-300x169.jpg" alt="a photo of a city with a digital grid overhead, showing the wide range of connectivity that comes with 5G. communications stocks"></a><p><strong>Airgain</strong>&nbsp;(NASDAQ:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/airg-stock-quote/">AIRG</a></strong>) specializes in antenna and connectivity solutions for wireless communications. The company&rsquo;s gross margin has improved. The gross margin uplifted to&nbsp;<a target="_blank" href="https://d1io3yog0oux5.cloudfront.net/_339706ce3406b4aedc848e203de85b67/airgain/news/2024-05-08_Airgain_Reports_First_Quarter_2024_Financial_216.pdf">40.2% in Q1 2024</a>&nbsp;(from 39.1% in Q1 2023). This annual increase demonstrates the company&rsquo;s fundamental ability to maintain and boost its margin despite market adversities. The higher gross margin reflects better product mix, cost control, and improved operational performance. The ability to attain a gross margin of over 40% highlights Airgain&rsquo;s strategic focus on high-margin products and solutions.</p>



<p>Moreover, Airgain has led in managing its operating expenses.&nbsp;This&nbsp;is alongside continuing to invest in areas for growth. The operating&nbsp;expenses&nbsp;for&nbsp;Q1 were $6.6 million,&nbsp;which is relatively stable against $6.5 million in Q4 2023. This stability in operating expenses amidst increased sales indicates sharp cost management. Additionally, against&nbsp;<a target="_blank" href="https://finance.yahoo.com/news/airgain-inc-nasdaq-airg-q1-164005359.html">$7.3 million in Q1 2023</a>, the reduction in operating expenses reflects the company&rsquo;s efforts to boost its operational edge. There is a focus on high-priority investments.</p>



<p>Overall,&nbsp;Airgain&rsquo;s improved gross margins and sharp cost management make it a top mark among millionaire-making cheap stocks.</p>



<h2>BTCS (BTCS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/blockchain-crypto-300x169.png" alt="An image of the blockchain, distributing digital crypto from a phone through the web to another tablet"><div>Source: elenabsl/Shutterstock</div></div><p>The block builder&nbsp;<strong>BTCS</strong>&nbsp;(NASDAQ:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a></strong>) operates in the blockchain sector and provides cryptocurrency mining and investment services. BTCS had a gross margin of&nbsp;<a target="_blank" href="https://www.globenewswire.com/news-release/2024/05/15/2882494/0/en/BTCS-Reports-Q1-2024-Results.html">75% for Q1 2024</a>,&nbsp;indicating its operational edge and solidity of&nbsp;bottom line. The company&rsquo;s gross margin has a substantial percentage of revenue that exceeds the cost of goods sold.&nbsp;This&nbsp;reflects the company&rsquo;s fundamental ability to manage production costs and derive profit from its core operations. This high gross margin demonstrates BTCS&rsquo;s ability to derive considerable revenue relative to its direct costs.</p>



<p>Moreover, in the blockchain sector, where competition can be intense and costs variable, a gross margin of 75% is notably high.&nbsp;This&nbsp;suggests that BTCS is well-positioned against its peers, likely benefiting from economies of scale, optimized processes, or high-margin products and services. The substantial gross margin supports BTCS&rsquo;s sharp ability to invest in growth while maintaining solid financials. It also highlights the company&rsquo;s edge in leveraging its blockchain technology and&nbsp;<a target="_blank" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1436229/000149315224019301/form10-q.htm">infrastructure to maximize&nbsp;the bottom line</a>.&nbsp;</p>



<p>Overall, BTCS&rsquo;s solid gross margin highlights its operational edge and profitability, solidifying its position among millionaire-making cheap stocks.</p>



<h2>Grupo Supervielle (SUPV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/fintech-banking-300x169.png" alt="An image of a cellphone with a bank on top, surrounded by people and piles of money, a credit card and calculator. fintech stocks"><div>Source: fatmawati achmad zaenuri/Shutterstock</div></div><p><strong>Grupo Supervielle</strong>&nbsp;(NYSE:<strong><a target="_blank" href="https://investorplace.com/stock-quotes/supv-stock-quote/">SUPV</a></strong>) leads as a&nbsp;major&nbsp;Argentine financial services provider. The company had a net income of AR$46.5 billion, a solid boost from&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/Press-Release-1Q24-F.pdf">AR$2.2 billion in Q1 2023</a>&nbsp;and AR$34.1 billion in the previous quarter (Q4 2023). The considerable annual and quarter-over-quarter (QoQ) growth points to the edge of Grupo Supervielle&rsquo;s strategic initiatives. They&nbsp;were implemented&nbsp;in 2022 and 2023. These moves include operational optimization, business consolidation, and boosted cross-selling.</p>



<p>Additionally, in Q1, Grupo Supervielle attained a&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/Press-Release-1Q24-F.pdf">return on equity (ROE) of 33.8%</a>.&nbsp;This&nbsp;is a decisive improvement from 2% in Q1 2023 and 26.9% in Q4 2023. This sharp increase in ROE indicates a sharp use of equity with high strategic management that may continue to derive superior performance. The Return on Average Assets (ROAA) for&nbsp;<a target="_blank" href="https://s26.q4cdn.com/426641508/files/doc_financials/2024/q1/SUPV-1Q24-Transcript.pdf">Q1 2024 was 7.4%</a>, increasing from 0.3% in 1Q23 to 5.3% in Q4 2023. This increase in ROAA points to the company&rsquo;s improved asset utilization and the ability to derive higher returns from its asset base.&nbsp;</p>



<p>To sum up, Grupo Supervielle&rsquo;s big improvements in profitability and returns justify its inclusion as a top pick among millionaire-making cheap stocks.</p>



<p><em>On the&nbsp;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&nbsp;<a target="_blank" href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a></em></p>



<p>On the&nbsp;date of publication, the responsible editor did not have (either&nbsp;directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</p>
<div><p>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.</p></div><h3>More From InvestorPlace</h3>
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Airgain, Inc. (AIRG) Q2 2024 Earnings Call Transcript

In a report released today, Anthony Stoss from Craig-Hallum reiterated a Buy rating on Airgain (AIRG – Research Report), with a price target of $8....

Airgain (AIRG) Receives a Buy from Craig-Hallum

Northland Securities analyst Tim Savageaux initiated coverage with a Buy rating on Airgain (AIRG – Research Report) today and set a price target of...

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<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Innovation always moves forward: that&rsquo;s the driving narrative behind <a href="https://investorplace.com/industries/technology/">tech stocks</a> to buy on discount. No, I&rsquo;m not going to blow smoke. It really stinks to lose money on your favorite ideas, especially during these severe broader downcycles. But here&rsquo;s the thing. You can mope around and feel bad about the situation. Or you can grab some compelling discounts that are now available.</p>



<p>To better gauge what&rsquo;s a true deal from something that&rsquo;s merely cheap, I&rsquo;m going to focus heavily on valuations, particularly sales. Sometimes, tech firms generate earnings but usually, the focus is on expanding the top line. This way, we have a better means of comparing apples to apples.</p>



<p>For reference, I will be targeting seven companies from four industries. Their respective <a href="https://fullratio.com/ps-ratio-by-industry">price-to-sales ratios</a> are as follows:</p>



<ul><li>Communication equipment: 1.57X</li>



<li>Computer hardware: 2.17X</li>



<li>Software (application): 3.84X</li>



<li>Software (infrastructure): 4.14X</li>
</ul><p>So, let&rsquo;s not just pick entities that are merely printing red ink. Instead, let&rsquo;s be a bit more selective with our bargain hunting. Below are tech stocks to put on your watchlist.</p>



<h2>RingCentral (RNG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/rng-stock-300x169.jpg" alt="The RingCentral (RNG) mobile app is displayed on a smartphone screen."><div>Source: OpturaDesign/Shutterstock.com</div></div><p>Let&rsquo;s get right into it with <strong>RingCentral</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/rng-stock-quote/"><strong>RNG</strong></a>). Falling under the software application sector, RingCentral provides cloud communications, video meetings, collaboration and contact center software solutions worldwide. RNG stock has been choppy this year, gaining only a bit over 1% since the beginning of the year.</p>



<p>Right now, <a href="https://finance.yahoo.com/quote/rng/key-statistics">shares trade hands at 1.37X trailing-year sales</a>. That&rsquo;s a discount relative to average levels seen during the first quarter, when the metric reached 1.5X. Overall, in the past year, the price-to-sales ratio stands at 1.47X. During this time, it reached an average peak of 1.52X in Q2 2023.</p>



<p>Looking out to the end of the year, analysts believe that sales could rise to $2.4 billion. If so, that would imply a lift of 8.7%. In the following year, <a href="https://finance.yahoo.com/quote/rng/analysis">sales could move up again to $2.59 billion</a>. Further, the high-side estimate calls for $2.63 billion.</p>



<p>Assuming a shares outstanding count of 82.25 million, RNG stock is trading at projected high-side 2025 sales. That could turn out to be an attractive opportunity among discounted tech stocks.</p>



<h2>Akamai Technologies (AKAM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/shutterstock_1926453779-300x169.png" alt="top Tech stocks to watch : Double exposure of man's hands holding and using a phone and financial graph drawing. tech stocks"><div>Source: Peshkova / Shutterstock</div></div><p>One of the top tech stocks in the infrastructure software realm, <strong>Akamai Technologies</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/akam-stock-quote/"><strong>AKAM</strong></a>) provides cloud computing, security and content delivery services in the U.S. and other international markets. In particular, it&rsquo;s well known for keeping users safe from various cyberattacks. Given rising concerns over net vulnerabilities, AKAM offers an intriguing opportunity.</p>



<p>Right now, AKAM stock trades hands at 3.7X trailing-year revenue. During Q1, the average metric shot up to 4.43X. Notably, in Q4 of last year, the price-to-sales ratio was exceptionally elevated at 4.91X. Overall, in the past year, the statistic stands at 4.46X. Therefore, AKAM is a discounted idea to consider.</p>



<p>For fiscal 2024, covering experts believe that revenue could rise to $3.99 billion. The high-side view calls for $4.03 billion. In the following year, sales <a href="https://finance.yahoo.com/quote/akam/analysis">could move up again to $4.28 billion</a>. And the most optimistic expert believes $4.4 billion is realistic.</p>



<p>Assuming a shares outstanding count of 152.32 million, AKAM stock is trading at 3.21X projected high-side 2025 sales. It&rsquo;s one of the tech stocks to keep on the radar.</p>



<h2>Dell (DELL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/dell-stock-1-300x169.jpg" alt="A Dell (DELL) office in Santa Clara, California."><div>Source: Ken Wolter / Shutterstock.com</div></div><p>Computer hardware specialist <strong>Dell </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/dell-stock-quote/"><strong>DELL</strong></a>) was one of the outperformers this year thanks to relevancies regarding artificial intelligence. Things were looking absolutely spectacular up until the end of May. Since then, circumstances have looked much more pedestrian. Since the start of the year, DELL stock has &ldquo;only&rdquo; gained about 18%.</p>



<p>Still, for those who appreciate value, Dell could be an intriguing idea. Presently, shares trade hands at 0.77X sales. That&rsquo;s well below the average for the computer hardware sector. However, it must be said that in the past year, the price-to-sales ratio landed at 0.53X. In other words, DELL is trading at a relative premium compared to recent historical data.</p>



<p>However, keep in mind that analysts believe by the end of the current fiscal year, sales could rise to $96.41 billion. That would be up 9% from last year&rsquo;s haul of $88.42 billion. In the following year, revenue could swing up to $103.58 billion. Further, the <a href="https://finance.yahoo.com/quote/dell/analysis">high-side view stands at $114.15 billion</a>.</p>



<p>Assuming a shares outstanding count of 312.69 million, DELL stock is trading hands at 0.24X projected 2025 high-side revenue. That&rsquo;s probably not going to last. It&rsquo;s one of the tech stocks to keep tabs on.</p>



<h2>Similarweb (SMWB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/cloud-computing-300x169.jpg" alt="an image of a cloud imprinted on a circuit board lit up by blue circuit lights. AVCT stock. cloud computing stocks"><div>Source: Blackboard / Shutterstock</div></div><p>Operating in the application software field, <strong>Similarweb</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/smwb-stock-quote/"><strong>SMWB</strong></a>) provides cloud-based digital intelligence solutions in the U.S. and multiple international markets. Primarily, it offers digital research intelligence solutions for its enterprise-level customers. SMWB stock has been on the move recently, with the equity gaining over 18% on Wednesday. It&rsquo;s still a solid idea for tech stocks on discount.</p>



<p>Right now, SMWB stock trades at 2.2X sales. That&rsquo;s already low for the underlying industry. Further, in Q2, the average price-to-sales ratio stood at 2.72X. And in Q1 of this year, the stat jumped to 3.21X. Overall, in the past year, the metric averaged 2.57X.</p>



<p>For fiscal 2024, analysts are modeling for sales to hit $244.76 million. If so, that would represent a 12.3% lift from last year&rsquo;s print of $218.02 million. Also, the high-side view calls for $247 million. In the following year, revenue could bump up to $278.3 million.</p>



<p>Assuming a shares outstanding count of 80.93 million, SMWB is trading at 2.16X consensus 2025 sales. It&rsquo;s another intriguing candidate for tech stocks to buy.</p>



<h2>Alarum Technologies (ALAR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600c-300x169.jpg" alt="APPS stock: A digital illustration of software icons surrounding a cellphone."><div>Source: Shutterstock</div></div><p>Another player in the infrastructure software space, <strong>Alarum Technologies</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/alar-stock-quote/"><strong>ALAR</strong></a>) provides Internet access and web data collection solutions. Primarily, the company offers security blanket protection against ransomware, viruses, phishing and other online threats. Due to the catastrophic impact that such threats pose, Alarum could be a tempting idea among discounted tech stocks.</p>



<p>Presently, ALAR stock trades hands at 3.5X sales. That&rsquo;s somewhat elevated though noticeably lower than the underlying industry&rsquo;s average metric of 4.14X. However, it must be said that ALAR is trading at a premium relative to the prior year&rsquo;s average of 1.45X. Still, investors may want to exercise patience.</p>



<p>That&rsquo;s because by the end of fiscal 2024, revenue might land at $36.17 million. If so, that would imply a growth rate of 36.4% from last year&rsquo;s tally of $26.52 million. In the following year, experts are modeling for sales to hit $44.1 million. The high-side view calls for a top line of $45.9 million.</p>



<p>The shares outstanding count at time of writing is 6.87 million. If it stays the same, ALAR stock would be trading at 3.01X projected 2025 high-side sales. It&rsquo;s worth a long look among attractive tech stocks.</p>



<h2>Airgain (AIRG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/iot1600a-min-300x169.jpg" alt='A close-up shot of a tablet screen with "IOT" text and related emoticons in a connected web.'><div>Source: Shutterstock</div></div><p>Operating in the communication equipment industry, <strong>Airgain</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/airg-stock-quote/"><strong>AIRG</strong></a>) provides wireless connectivity solutions that create and deliver embedded components, external antennas and integrated systems worldwide. It might not be the sexiest business model ever. However, it plays a significant role in emerging technologies such as the Internet of Things. Therefore, it&rsquo;s one of the top tech stocks to consider.</p>



<p>Right now, AIRG stock trades hands at 1.27X sales. That&rsquo;s undervalued relative to the sector average of 1.57X. However, it must be said that Airgain is trading at a premium relative to recent historical data. During Q2, the average ratio sat at 1.17X. And in the past year, the metric came out to 0.82X. Still, patience could be key.</p>



<p>By year&rsquo;s end, analysts are modeling revenue to reach $63 million. That&rsquo;s up 12.4% from the prior year&rsquo;s haul of $56.04 million. The high-side estimate calls for $63.3 million. In the following year, the <a href="https://finance.yahoo.com/quote/airg/analysis">forecast calls for $78.6 million</a>, up 24.8% from projected 2024 revenue.</p>



<p>Assuming a share outstanding count of 10.78 million, AIRG stock is trading at 0.88X projected 2025 revenue. This might be a deal you can&rsquo;t afford to ignore.</p>



<h2>International Money Express (IMXI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600b-300x169.jpg" alt="software stocks: Coding software developer work with augmented reality dashboard computer icons of scrum agile development and code fork and versioning with responsive cybersecurity"><div>Source: Shutterstock</div></div><p>Saving the riskiest idea on this list of tech stocks for last, <strong>International Money Express</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/imxi-stock-quote/"><strong>IMXI</strong></a>) seems like a compelling idea. An infrastructure software specialist, International Money operates as an omnichannel money remittance service. Unfortunately, the company missed its Q2 expectations, sending IMXI stock plunging. On Wednesday, it lost over 20% of equity value.</p>



<p>Given the massive hemorrhaging, International may be too rich for most investors&rsquo; blood. However, for those who want to speculate, IMXI stock now trades at 0.91X sales. That&rsquo;s much lower than the Q1 average of 1.26X. Also, in Q2 of last year, the stat shot up to 1.62X. In the past year, the multiple averaged 1.3X.</p>



<p>Looking ahead, the company adjusted down its expectations, with the high-side revenue target coming in at $677.6 million. In contrast, the prior <a href="https://finance.yahoo.com/quote/imxi/analysis">consensus view stood at $689.26 million</a>. Adjusting for the new realities and assuming a shares outstanding count of 32.64 million, IMXI stock is trading at 0.84X sales.</p>



<p>As it stands, IMXI is undervalued. If the company were to hit its high-side guidance, it would be even more of an enticing deal.</p>



<p><em>On the date of publication, Josh Enomoto</em><em> did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em><em></em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/08/7-tech-stock-titans-you-can-pick-up-on-the-cheap-now/">7 Tech Stock Titans You Can Pick Up on the Cheap Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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