Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. The rise of social media and retail traders gave way to countless methods to uncover new information. For some, this is overwhelming.

Benzinga’s Moneymaker Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface and warrant attention.

The index layers editorial commentary to help make sense of why these stocks are of interest and whether they broach an area for the investor and casual reader to watch.

Here is a look at the Benzinga Moneymaker Index for the week of Dec. 8, 2022.

Comments from JPMorgan (NYSE:JPM) CEO Jamie Dimon also signaled further risk of a recession.

Shares of the company are now up 40% year-to-date in 2022 after the strong week.

Carvana: Online used car company Carvana Co (NYSE:CVNA) had a wild week with reports of the company potentially filing bankruptcy, sending shares down. While news of bankruptcy and a potential restructuring are top of mind for investors, a new report said lenders don’t expect the worst to happen.

On Friday, Carvana shares traded higher in hopes of the company remaining out of bankruptcy. Shares of Carvana are down over 90% year-to-date in 2022.

The company was one of the most searched tickers on Benzinga Pro in November 2022.

The company highlighted new and expanded brand relationships and strength for its growing collectibles business when discussing results.

GameStop also said it plans to cut costs and may use its cash for acquisitions.

With a market capitalization of around $150 million, IDEX Biometrics could see its share price rise on positive news and new catalysts.

That’s it for this second edition of the Benzinga Moneymaker Index. The five stocks mentioned above all saw a large amount of volume across Benzinga over the past week. Stay tuned for next week’s report and follow along with Benzinga Pro for all the latest headlines and top market-moving stories here.

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