Sibanye Stillwater Stock (NYSE:SBSW), Trade Ideas

Sibanye Stillwater

Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.

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ABEO

CALX

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SBSW

Calix Reports Mixed Results, Joins Cadence Design Systems And Other Big Stocks Moving Lower In Tuesday&#39;s Pre-Market Session

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U.S. stocks were lower, with the Dow Jones index falling over 250 points on Friday.

Shares of  Argan, Inc. (NYSE: AGX) rose sharply during Friday’s session as the company reported better-than-expected results for its fourth quarter.

Argan Reports Upbeat Earnings, Joins Coupang And Other Big Stocks Moving Higher On Friday

Long Ideas

Media

VRTX

On CNBC’s &#34;Mad Money Lightning Round,&#34; Jim Cramer said he prefers  Abbott Laboratories  (NYSE: ABT) over  

Jim Cramer Was Upset At This Hostile Takeover, But &#39;They Fixed The Situation. Stock&#39;s Been A Horse&#39;

Sibanye Stillwater Ltd

Subsea 7 (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SUBCY#OTC">SUBCY</a>) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.03) by 400 percent. The company reported quarterly sales of $1.395 billion which missed the analyst consensus estimate of $1.492 billion by 6.53 percent. This is a 11.96 percent increase over sales of $1.246 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

SUBCY

Subsea 7 Q1 2024 GAAP EPS $0.09 Beats $(0.03) Estimate, Sales $1.395B Miss $1.492B Estimate

Pershing Square founder Bill Ackman has in the past made <a href="https://www.benzinga.com/news/23/09/34429616/bill-ackman-calls-for-strong-alternatives-to-very-beatable-biden-and-trump-but-tells-why-he-wont-run">no bones about his displeasure</a> about President Joe Biden&#8217;s handling of his job and on Wednesday, he categorically ruled out voting for the incumbent.
Biden Or Trump: &#8220;For anyone who is still confused on the topic, I am not voting for Biden,&#8221; he said in a post on X, formerly Twitter. When a conservative journalist prodded him as to whether he would vote for probable Republican nominee Donald Trump, he did not rule out the possibility.
&#8220;And yes, I am open to voting for [Donald Trump],&#8221; Ackman said. But he hinted that he could make his final choice closer to the election date. &#8220;I will share whom I am supporting when I make my decision closer to the election. I like to preserve optionality,&#8221; he said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">For anyone who is still confused on the topic, I am not voting for Biden.
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1783294245215908143?ref_src=twsrc%5Etfw">April 25, 2024</a></blockquote>
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In a separate thread, replying to a social-media user&#8217;s question as to whether he has ever voted for a Republican, Ackman said he voted for Trump in 2016.
See Also: <a href="https://www.benzinga.com/money/how-to-invest-in-startups">How To Invest In Startups</a>
Hostage Issue: Separately, Ackman responded to a post regarding the White House&#8217;s briefing on Biden signing the Ukraine and Israeli aid bill into law. The hedge-fund manager slammed the president for not acting decisively on the hostages being held in Gaza.
&#8220;I have not heard @potus Biden take ownership of this issue,&#8221; Ackman said.
&#8220;I have heard him talk about calls for a ceasefire, shrinkflation, hotel fees, and four more years, but not the fact that hostages including American hostages are still being held in Gaza.&#8221;
This is evident from the president&#8217;s delegation to staff and what he speaks to the American public, Ackman said. &#8220;He has not made clear that returning the hostages is high on his priority list. He is too focused on other talking points in an attempt to get re-elected. And the media are letting him off the hook on this issue,&#8221; he added.
The hostage issue came to the centerstage on Wednesday after Hamas released a <a href="https://www.nytimes.com/live/2024/04/24/world/israel-gaza-war-hamas">video</a> of Israeli-American  Hersh Goldberg-Polin, who was taken captive during the Oct. 7 Hamas strikes against Israel. 
Ackman has in the past expressed hopes that<a href="https://www.benzinga.com/news/23/03/31469332/not-biden-bill-ackman-says-this-corporate-ceo-more-likely-to-win-against-trump-in-presidential-race"> JPMorgan CEO Jamie Dimon would throw in his hat in the ring </a>and contest in the Democratic primary. He previously approved of businessman Vivek Ramaswamy, who has since then dropped off the race. The fund manager was also found backing Democrat turned-independent candidate Robert Kennedy Jr.&#8217;s stance on the COVID-19 vaccine. In January, he denoted $1 million to support Rep. Dean Phillips (D-Minn.) to become the Democratic nominee in the 2024 presidential election. Phillips quit the race in early March.
Read Next: <a href="https://www.benzinga.com/news/24/02/37253969/bill-ackman-reveals-first-investment-book-he-read-was-the-same-one-that-influenced-warren-buffett-it">Bill Ackman Reveals First Investment Book He Read Was The Same One That Influenced Warren Buffett: &#8216;It Was Kind Of The Inspiration For My Career…&#8217;</a>
Trump vs Biden illustration was generated using artificial intelligence via MidJourney.

Politics

Bill Ackman Says 'Not Voting For Biden,' Slams President For Inaction On American Hostage Issue: 'Too Focused On Other Talking Points…To Get Re-elected'

Reported Earlier, U.S. Bancorp's Subsidiary Elavon Partners Withg FreedomPay To Revolutionize Payments In European Hospitality And Retail Sectors

Dearborn-based Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) is now prioritizing hybrid vehicles in a bid to diversify its offerings and withstand the <a href="https://www.benzinga.com/news/earnings/24/04/38417196/ford-q1-earnings-highlights-automaker-beats-street-estimates-guidance-improves-ev-revenue-falls-84">dwindling demand and price war within the EV market. </a>
What Happened: &#8220;We&#8217;re learning about the importance of choice. Our growth in the first quarter in hybrids is a good example&#8221; Ford CEO Jim Farley said during the company&#8217;s first-quarter earnings call on Wednesday. 
Ford&#8217;s global hybrid sales were up 36% year-on-year in the first quarter and the company is eyeing a growth of 40% for 2024. 
Competition From Foreign Players: The U.S. hybrid market is dominated by foreign players like Toyota and Honda. Ford is ranked below the two but is optimistic about carving out a share of the market for itself. 
&#8220;Our hybrid capacity is in trucks. That&#8217;s where most of our hybrid sales are in North America. And we don&#8217;t see a lot of competition so far for that business. We&#8217;ll see over time,&#8221; Farley said.
Ford is now looking to offer hybrid options across its lineup. The process, Farley says, does not require inventing new powertrains. 
&#8220;It doesn&#8217;t require wholesale inventing new powertrains. But it does involve some engineering and investment in capacity. I would say kind of modest investments, mostly in the capacity side and some engineering,&#8221; he said.
Other U.S. Players And Hybrids: Tesla CEO Elon Musk on Tuesday slammed the decision of other car manufacturers to pull back on EVs and offer hybrids instead. 
&#8220;We believe this is not the right strategy and electric vehicles will ultimately dominate the market,&#8221; Musk said. 
Detroit-based General Motors does not offer any hybrids in the U.S. as of now. However, in February, GM CEO Mary Barra said that the company plans to introduce <a href="https://www.benzinga.com/news/24/02/36906793/gm-chief-mary-barra-rewrites-roadmap-plug-in-hybrids-to-deliver-green-goals-a-ev-growth-slows" target="_blank" rel="noreferrer noopener">plug-in hybrid technology</a> in select North American vehicles in the coming years despite its vision to stop selling combustion-engine light-duty vehicles by 2035. For 2024, however, pure electric vehicles are the focus, she added.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/mobility" rel="noreferrer noopener">following this link</a>.
Read More:&nbsp;<a href="https://www.benzinga.com/news/24/04/38397845/tesla-will-solve-autonomy-even-if-i-got-kidnapped-by-aliens-tomorrow-says-elon-musk-as-he-reveals-ta">Tesla Will Solve Autonomy ‘Even If I Got Kidnapped By Aliens Tomorrow,' Says Elon Musk As He Reveals Talks With ‘Major Automaker' For FSD Licensing</a>

Tech

Ford Positive About Hybridization Of Vehicle Lineup Despite Competition From Honda, Toyota: 'We're Learning About The Importance Of Choice...'

Omeed Malik, founder and CEO of Farvahar Partners, recently voiced his concerns over the TikTok crackdown bill signed by President Joe Biden, expressing distrust in the bill and its implementation.
What Happened: During CNBC&#8217;s &#8220;Last Call&#8221; on Wednesday, Malik stated, "I really have an issue with what TikTok is doing to society. With all of that said… I don't trust this bill that was passed, and I certainly don't trust the Biden administration to implement it fairly." 
Malik, who had previously vouched for a ban on TikTok and the decoupling of the app from China, explained that the text of the bill was &#8220;way too vague.&#8221; He expressed his worries about the bill&#8217;s broad language, which he fears could be used to target any individual or platform deemed &#8220;subject to the direction of a foreign power.&#8221;
&#8220;I am very concerned about that language because that same language was used against our former president of the United States [Donald Trump] for three years when they called him a Russian asset. Does that mean that Truth Social now should be banned as well? What does it mean for Rumble? Or X?&#8221;
Malik also criticized the outdated social media laws in the country, calling for the removal of legal liability shields from big tech companies and the implementation of antitrust laws to break them up. He urged for a bill of rights around privacy to prevent data misuse by all companies, not just TikTok.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"I really have an issue with what TikTok is doing to society, with all of that said… I don't trust this bill that was passed, and I certainly don't trust the Biden administration to implement it fairly," says <a href="https://twitter.com/RealOmeedMalik?ref_src=twsrc%5Etfw">@RealOmeedMalik</a> on Pres. Biden signing the TikTok crackdown bill. <a href="https://t.co/NmVRZwbri6">pic.twitter.com/NmVRZwbri6</a>
&mdash; Last Call (@LastCallCNBC) <a href="https://twitter.com/LastCallCNBC/status/1783279548429115814?ref_src=twsrc%5Etfw">April 24, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/general/entertainment/24/04/38397316/elon-musk-says-morgan-freeman-is-awesome-after-american-actor-says-hes-a-huge-fan-of-tesla-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says Morgan Freeman Is &#8216;Awesome&#8217; After American Actor Says He&#8217;s A Huge Fan Of Tesla CEO: &#8216;What He&#8217;s Done, Nobody Else Has Ever Done&#8217;</a>
Why It Matters: The comment was in response to President <a href="https://www.benzinga.com/news/24/04/38394855/biden-set-to-sign-tiktok-ban-into-law-after-senate-passes-bill-supported-by-gop-democrats">Biden signing the bill</a> that could potentially ban or lead to the sale of TikTok, a popular social media platform owned by Chinese company ByteDance.
The bill, which was passed with a Senate vote of 79-18, gives ByteDance a nine-month window to sell the app or face a national ban. The President also has the option to extend this period by 90 days.
The signing of the bill has sparked controversy and debate. TikTok&#8217;s CEO, Shou Zi Chew, has publicly opposed the legislation, stating, "Make no mistake, this is a ban, a ban on TikTok and a ban on you and your voice." 
The platform has vowed to <a href="https://www.benzinga.com/markets/asia/24/04/38418913/tiktok-fights-back-we-arent-going-anywhere-whats-next-for-users">fight back against the legislation,</a> marking a significant development in the ongoing debate over TikTok&#8217;s Chinese ownership.
Read Next: <a href="https://www.benzinga.com/news/24/04/38349837/elon-musk-agrees-every-american-household-will-have-a-1-000-per-month-home-robot-in-7-years-time?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Agrees Every American Household Will Have A $1,000-Per-Month Home Robot In 7 Years&#8217; Time</a>
Image via Shutterstock
Disclaimer: This content was partially produced with the help of&nbsp;<a target="_blank" href="https://www.benzinga.com/author/benzinga-neuro" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Social Media

General

Expert Slams TikTok Ban Bill As 'Way Too Vague,' Questions Impact On Donald Trump's Truth Social, Rumble And X

Dearborn-based Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), on Wednesday, reiterated its commitment to cutting costs in its EV segment to <a href="https://www.benzinga.com/news/earnings/24/04/38417196/ford-q1-earnings-highlights-automaker-beats-street-estimates-guidance-improves-ev-revenue-falls-84">counter its growing losses</a> and withstanding the ongoing price war. 
What Happened: Ford is eyeing hitting profitability in its EV segment with the launch of its next generation of EVs. However, the launch timeline of these vehicles is currently under wraps. In the meantime, the company is looking to cut costs of the business, CFO John Lawler said during the company&#8217;s first-quarter earnings call on Wednesday. 
&#8220;We&#8217;re going to continue to work on driving every dollar of cost out of the business in the near term,&#8221; he said. 
But revenue over the past several months is dropping faster than the company is able to reduce costs, Lawler conceded, referring to the price war triggered by EV giant Tesla which forced others <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38039584/fords-price-cuts-send-mustang-mach-e-sales-soaring-in-weeks-but-next-decade-will-be">including Ford to cut prices </a>to retain their market share. 
 &#8220;If the pricing stabilizes and we don&#8217;t see these significant reductions continuing across the industry, then I think that you could probably start to see some of those cost reductions flow to the bottom line,&#8221; he said. 
While at the onset of EV adoption customers were willing to pay a premium for an EV, they are now looking for cheaper options, Lawler noted. 
&#8220;We think that prices for EVs are going to normalize around where gas is and the consumers are going to weigh the value proposition of that propulsion choice,&#8221;&nbsp;Lawler said while adding that the company does not see EV prices falling below gas vehicle prices.
Why It Matters: Ford&#8217;s EV segment called &#8220;Model e&#8221; posted an EBIT loss of $1.3 billion in the first quarter, a drastic jump from the EBIT loss of $0.7 billion reported in the corresponding quarter of 2023. 
Revenue, likewise, fell 84% year-on-year to $0.1 billion, partly due to the industry-wide pricing pressure. 
For 2024, Ford expects its EV division to post an EBIT loss between $5.5 billion and $5 billion, widening from the EBIT loss of $4.7 billion recorded last year. 
Image Via Shutterstock
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/mobility" rel="noreferrer noopener">following this link</a>.
Read More:&nbsp;<a href="https://www.benzinga.com/news/24/04/38397845/tesla-will-solve-autonomy-even-if-i-got-kidnapped-by-aliens-tomorrow-says-elon-musk-as-he-reveals-ta" target="_blank" rel="noreferrer noopener">Tesla Will Solve Autonomy ‘Even If I Got Kidnapped By Aliens Tomorrow,&#8217; Says Elon Musk As He Reveals Talks With ‘Major Automaker&#8217; For FSD Licensing</a>

Ford CFO Says EV Price Cuts Bringing Down Revenue Faster Than Company Can Cut Costs; 'If The Pricing Stabilizes...'

Allison 3414 Regional Haul Series&trade; (RHS) and 4000 Series&trade; now available to order as the exclusive fully automatic in International RH and HX Series trucks, respectively.

ALSN

Reported Earlier, Allison Fully Automatic Transmissions Selected For International Truck's Latest S13 Models

Nasdaq provided the Company 60 days to submit a plan to regain compliance with the Rule (the &quot;Plan&quot;).&nbsp; The Company intends to submit its plan of compliance to Nasdaq by June 17, 2024.&nbsp;

HRYU

Reported Earlier, Hanryu Holdings Receives Delinquency Notice From Nasdaq For Late Annual Report Filing

IPOs

RBRK

Reported Earlier, Rubrik Prices Upsized Initial Public Offering Of 23.5M Class A Common Shares At $32/Share

<ul>
<li>Advances Labcorp strategy to launch and scale specialty testing&nbsp;in areas such as oncology and rare diseases</li>
<li>Transaction requires court approval, with confirmation expected on&nbsp;May 6, 2024</li>
</ul>

Laboratory Corporation Of America Holdings

NVTA

Reported Earlier, Labcorp Wins Bid For Invitae Assets To Boost Specialty Testing In Oncology And Rare Diseases

<ul>
<li>Walgreens Specialty Pharmacy combines existing specialty assets, fully integrates AllianceRx and represents the company&#39;s latest step to leverage its neighborhood pharmacies into fast-growing areas of healthcare</li>
<li>Investments include new Gene &amp; Cell Services Pharmacy and Innovation Center</li>
</ul>

Reported Earlier, Walgreens Launches New Gene And Cell Therapy Services, Expands Specialty Pharmacy Offerings

SK Hynix, a key supplier to NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), has reported its first profitable quarter in five, attributing the turnaround to soaring demand for AI chips.
What Happened: The South Korean memory chip manufacturer recorded a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, a stark contrast to the 2.58 trillion won loss in the same period last year, CNBC <a href="https://www.cnbc.com/2024/04/25/nvidia-supplier-sk-hynix-reverses-losses-in-first-quarter-on-ai-demand.html">reported</a>. This marks SK Hynix&#8217;s first positive income since the third quarter of 2022.
The company attributes its strong performance to the increased sales of AI server products, driven by its leadership in AI memory technology, particularly high-bandwidth memory. This technology is crucial for AI chipsets, such as those used by Nvidia.
The demand for AI chipsets has significantly boosted the high-end memory chip market, benefiting major players like SK Hynix and Samsung Electronics.
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38368953/jim-cramer-sees-nvidia-as-going-from-star-of-the-show-to-being-the-goat-of-the-game?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Sees Nvidia As Going &#8216;From Star Of The Show To Being The Goat Of The Game&#8217;</a>
SK Hynix plans to meet the increasing demand for AI memory by boosting the supply of HBM3E, the latest generation of high-bandwidth memory for AI. The company also intends to introduce 32GB Double Data Rate 5 products this year to strengthen its position in the high-capacity server DRAM market.
"We will continue to work towards improving our financial results by providing the industry's best performing products at a right time and maintaining the profitability-first commitment," said Chief Financial Officer Kim Woohyun.
Why It Matters: The surge in AI chip demand is a result of the growing adoption of large language models like ChatGPT, which rely on high-performance memory chips to generate human-like responses. This trend has led to a significant increase in the demand for high-performance memory chips, benefiting companies like SK Hynix and Samsung Electronics, according to the report.
SK Hynix&#8217;s financial turnaround comes amid a broader resurgence in the South Korean semiconductor industry. In December, Samsung Electronics and <a href="https://www.benzinga.com/government/23/12/36408195/south-koreas-semiconductor-surge-samsung-and-sk-hynix-shatter-records-with-unprecedented-production">the South Korean semiconductor industry</a> experienced substantial growth, marking a significant rebound in production and shipments.
SK Hynix&#8217;s recent financial success is also tied to its strategic investments in the U.S. semiconductor industry. The company announced plans to invest $3.9 billion in an advanced chip-packaging facility in West Lafayette, Indiana, <a href="https://www.benzinga.com/government/24/04/38089624/nvidia-to-benefit-from-sk-hynixs-new-3-9b-indiana-facility-focused-on-high-bandwidth-memory-chips">to mass-produce high-bandwidth memory (HBM)</a>, crucial for powering NVIDIA GPUs used in AI systems training, like ChatGPT. 
This investment underscores the region&#8217;s growing appeal in the semiconductor sector, fueled by the Biden administration&#8217;s efforts to restore America&#8217;s global standing in chip manufacturing and the incentives from the $53 billion Chips Act.
Read Next: <a href="https://www.benzinga.com/news/24/04/38392548/ups-earnings-show-the-weight-of-170-000-salaries-while-it-learns-to-navigate-shipping-slump?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">UPS Earnings Show The Weight Of $170,000 Salaries While It Learns To Navigate Shipping Slump</a>
Image Via Shutterstock 
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 Engineered by 
 Benzinga Neuro, Edited by 
 
 <a href="None" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none"> 
 Kaustubh Bagalkote</a> 
 
 
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 The GPT-4-based Benzinga Neuro content generation system exploits the 
 extensive Benzinga Ecosystem, including native data, APIs, and more to 
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Asia

NVDA

Nvidia Supplier SK Hynix Sees First Profit In 5 Quarters, Credits AI Chip Demand

Whales, the colossal beings of the ocean, are not just a marvel because of their size, but also due to their intriguing behaviors and physiological mysteries. From their unique sleeping patterns to their complex relationships with other marine animals, whales continue to fascinate scientists and ocean lovers alike. Let&#8217;s dive deep and explore some of the most fascinating facts about these fascinating gentle giants you probably didn&#8217;t know!
1. How Whales Sleep
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194-1024x585.png" alt="" class="wp-image-307987" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030418/image-194.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whales practice unihemispheric slow-wave sleep which allows them to shut down half of their brains: Image Generated Via Dall-E</figcaption></figure>
Ever wondered how a creature as enormous as a whale catches some Z&#8217;s? Whales have a mesmerizing way of sleeping: they shut down only half of their brain along with the opposite eye. The other half stays awake to help them come up for air and to stay alert for potential threats. This unique sleep method is known as unihemispheric slow-wave sleep.
2. Whales&#8217; Surprising Diet
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195-1024x585.png" alt="" class="wp-image-307988" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030429/image-195.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Despite their large size, whales eat the smallest of marine life. Image Generated Via Dall-E</figcaption></figure>
Despite their massive size, many whales feed on some of the smallest marine life. Baleen whales, for example, sieve tiny krill and plankton through their baleen plates, consuming up to 4,000 pounds of these tiny creatures each day!
3. The Orca-Humpback Feud
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196-1024x585.png" alt="" class="wp-image-307989" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030437/image-196.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Orcas and Humpback whales have a long-standing dispute. Image Generated Via Dall-E</figcaption></figure>
It seems there&#8217;s some marine drama! Humpback whales are known to have a particular disdain for orcas, also known as killer whales. Humpbacks will often intervene if they see orcas attacking other marine mammals, sometimes even coming to the rescue of seals or other whales!
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38384714/whats-going-on-with-trump-media-technology-stock-on-tuesday?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Trump Media &amp; Technology Stock On Tuesday?</a>
4. Beluga Whale Quirks
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198-1024x585.png" alt="" class="wp-image-307991" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030457/image-198.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Beluga Whales are often referred to as the &#8216;canaries of the sea.&#8217; Image Generated Via Dall-E</figcaption></figure>
Beluga whales, often called the &#8220;canaries of the sea,&#8221; are famous for their wide range of vocalizations. These white whales can mimic a variety of sounds and are known to be especially chatty among their peers.
5. Whales Cannot Breathe Underwater
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199-1024x585.png" alt="" class="wp-image-307993" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030505/image-199.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Despite living in the seas, whales cannot breathe underwater. Image Generated Via Dall-E</figcaption></figure>
Unlike fish, whales can&#8217;t breathe underwater. They are mammals, just like us, and need to surface regularly to breathe air through their blowholes. This adaptation requires them to have a conscious control over their breathing even while sleeping.
6. Whale Songs
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200-1024x585.png" alt="" class="wp-image-307994" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030510/image-200.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whale Songs are known to be haunting yet beautiful. Image Generated Via Dall-E</figcaption></figure>
Some whale species are known for their haunting and beautiful songs, especially the humpback whales. These melodies are complex and often sung by the males in a population. Scientists believe these songs play a role in mating rituals and social bonding.
7. Whales&#8217; Life Span
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201-1024x585.png" alt="" class="wp-image-307995" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030528/image-201.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whales have some of the longest lifespans among animals. Image Generated Via Dall-E</figcaption></figure>
Whales have some of the longest lifespans in the animal kingdom. For instance, bowhead whales can live over 200 years, making them one of the oldest living animal species on Earth.
8. Whales Help the Environment
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202-1024x585.png" alt="" class="wp-image-307996" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030532/image-202.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whales have a crucial role to play in the marine ecosystem. Image Generated Via Dall-E</figcaption></figure>
Whales play a crucial role in the marine ecosystem. Their feces are rich in iron and nitrogen, which fertilize plankton. More plankton means more carbon dioxide is absorbed from the atmosphere, significantly contributing to the reduction of global warming.
9. The Migration of Whales
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203-1024x585.png" alt="" class="wp-image-307997" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030543/image-203.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whales undertake some of the longest migrations among mammals. Image Generated Via Dall-E</figcaption></figure>
Whales undertake some of the longest migrations among mammals, traveling thousands of miles annually to breed and feed. This journey often brings them from polar feeding grounds to tropical breeding grounds.
10. Whales and Sharks
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204-1024x585.png" alt="" class="wp-image-307998" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204-1024x585.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204-1536x878.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25030551/image-204.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Whales rarely have to worry about Shark attacks. Image Generated Via Dall-E</figcaption></figure>
While sharks are often viewed as the ultimate predators, in the open sea, large whales have very few enemies. Healthy adult whales, such as the massive blue whale, rarely have to worry about shark attacks. However, orcas, a type of whale, are known to prey on sharks!
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Spee</a>

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Whales Can't Breathe Underwater Same As Us Yet Manage To Dive Miles Into The Ocean And Even Sleep Peacefully: 10 Reasons Why These Gentle Giants Fascinate Me So Much

<ul>
<li>Hyundai Motor Group to establish&nbsp;mid- to&nbsp;long-term strategies to solidify its position as a leading mobility provider in&nbsp;India</li>
</ul>
&hellip;&nbsp;&nbsp; Hyundai Motor India to establish an annual production system of one million units by 2025; Combined with Kia India, Hyundai Motor Group to be able to annually produce 1.5 million units annually in&nbsp;India
&hellip;&nbsp;&nbsp; Electrification strategy to strengthen leadership in the Indian EV market by expanding EV local production and lineups as well as creating EV ecosystems
<ul>
<li>Executive Chair Chung also had a town hall meeting to share visions and strengthen trust with Hyundai Motor India employees</li>
</ul>
&hellip;&nbsp;&nbsp; Approximately 400 local employees attended the site, while over 3,000 joined through a video connection across all Hyundai Motor sites in&nbsp;India
&hellip;&nbsp;&nbsp; Executive Chair highlighted the Group&#39;s customer-centric philosophy, strategic importance of&nbsp;India&nbsp;as well as electrification strategies and future directions
<ul>
<li>Hyundai Motor Group to continue seek future growth strategies in&nbsp;India, which has emerged as the world&#39;s fifth largest economy and top three automobile markets</li>
</ul>

HYMTF

Hyundai Motor Group's Executive Chair Euisun Chung Visits India To Reinforce Long-Term Mobility Strategies

Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) is set to release earnings results for its first quarter before <a href="https://www.benzinga.com/quote/HON/earnings">the opening bell on April 25, 2024.</a>
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at $2.17 per share, up from $2.07 per share in the year-ago period. Honeywell is projected to report quarterly revenue of $9.03 billion, up from $8.52 billion in the year-earlier quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Last month, Honeywell disclosed the intention to acquire all outstanding shares of Civitanavi Systems S.p.A.
Honeywell shares fell 0.7% to close at $194.79 on Wednesday.
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.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/HON/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Deutsche Bank analyst Nicole Deblase downgraded the stock from Buy to Hold and cut the price target from $227 to $215 on April 16, 2024. This analyst has an accuracy rate of 80%.</li>
<li>Barclays analyst Julian Mitchell maintained an Overweight rating and boosted the price target from $230 to $232 on April 2, 2024. This analyst has an accuracy rate of 76%.</li>
<li>RBC Capital analyst Deane Dray maintained a Sector Perform rating and cut the price target from $210 to $209 on Feb. 2, 2024. This analyst has an accuracy rate of 74%.</li>
<li>UBS analyst Chris Snyder maintained a Sell rating and cut the price target from $185 to $180 on July 28, 2023. This analyst has an accuracy rate of 72%.</li>
<li>Morgan Stanley analyst Joshua Pokrzywinski maintained an Equal-Weight rating and increased the price target from $213 to $219 on May 1, 2023. This analyst has an accuracy rate of 74%.</li>
</ul>
Read This Next: <a href="https://www.benzinga.com/news/24/04/38402061/jim-cramer-says-this-energy-stock-is-terrific-calls-caseys-general-stores-a-winner">Jim Cramer Says This Energy Stock Is &#8216;Terrific,&#8217; Calls Casey&#8217;s General Stores A &#8216;Winner&#8217;</a>

Price Target

Honeywell Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Mark Zuckerberg, the CEO of Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), detailed the company&#8217;s vision for AI development, hinting at a shift from chatbots to more advanced AI &#8216;agents.&#8217;
What Happened: Zuckerberg, during Meta&#8217;s first quarter 2024 <a href="https://seekingalpha.com/article/4685907-meta-platforms-inc-meta-q1-2024-earnings-call-transcript">earnings call</a>, discussed the future of AI, emphasizing the transition from chatbots to AI agents. He explained that these agents would be capable of handling more complex tasks and goals, performing numerous queries to achieve the desired outcome.
&#8220;The next phase for a lot of these things are handling more complex tasks and becoming more like agents rather than just chatbots,&#8221; Zuckerberg said. 
He also highlighted the potential for more sophisticated interactions, especially in business use cases, and the significant role these AI agents could play in guiding users through various processes.
&#8220;An agent is going to do is you give it an intent or a goal, then it goes off and probably actually performs many queries on its own in the background in order to help accomplish your goal,&#8221; said the Meta CEO. 
Zuckerberg expressed confidence in Meta&#8217;s ability to develop leading AI models and reaffirmed the company&#8217;s long-term commitment to AI investment.
Deepwater Asset Management&#8216;s Gene Munster sees Zuckerberg&#8217;s Agentic AI vision as the future, believing in its potential and predicting Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) will follow suit.
&#8220;Look for $AAPL to go after the same Holy Grail,&#8221; Munster said on social media platform X.<a href="https://twitter.com/munster_gene/status/1783255102486196359"></a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Zuckerberg ends the call with his vision of building Agentic AI. These go beyond generative AI that you prompt. They are agents that get things done for you. That could be research a topic, buy something, etc. This is also know as personalized AI, and I&#39;m a big believer in…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1783255102486196359?ref_src=twsrc%5Etfw">April 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Speeds Launch Of New Models</a>
Why It Matters: This announcement comes in the wake of Meta&#8217;s Q1 2024 earnings report, which revealed a <a href="https://www.benzinga.com/news/earnings/24/04/38416273/meta-platforms-q1-earnings-highlights-facebook-owner-beats-estimates-but-guidance-higher-costs-ding">27% year-over-year</a> revenue increase. 
Despite this positive performance, the company&#8217;s stock experienced a <a href="https://www.benzinga.com/news/24/04/38421280/metas-stock-plunge-after-q1-numbers-an-overreaction-to-zuckerbergs-capex-move-says-gene-munster-he-w">17% plunge</a> following Zuckerberg&#8217;s announcement of scaling capex and energy expenses for AI.
Earlier, Zuckerberg had also revealed that <a href="https://www.benzinga.com/news/24/04/38420928/meta-ceo-mark-zuckerberg-more-than-50-of-the-content-people-see-on-instagram-is-now-ai-recommended">over 50% of Instagram&#8217;s content</a> and 30% of Facebook&#8217;s posts are now recommended by AI.
Price Action:&nbsp;Meta shares declined 15.1% after hours to $418.85 after closing 0.52% lower at $493.5 in the regular session, according to data <a href="https://pro.benzinga.com/dashboard">from Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/04/38368953/jim-cramer-sees-nvidia-as-going-from-star-of-the-show-to-being-the-goat-of-the-game?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Sees Nvidia As Going &#8216;From Star Of The Show To Being The Goat Of The Game&#8217;</a>
Image Credits &#8211; Shutterstock
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.<a href="https://benzinga.com/apis" target="_blank" rel="noreferrer noopener"></a>

Equities

Global

AAPL

Mark Zuckerberg Shifts Meta's Focus To AI 'Agents' Over Chatbots: Apple To Pursue Similar 'Holy Grail,' Predicts Gene Munster

<ul>
<li>QUILT 3.055 trial completed and shows median overall survival almost double that of standard of care chemotherapy in 2nd- and 3rd-line non-small cell lung cancer (NSCLC) patients whose cancer did not respond to checkpoint inhibitors with or without chemotherapy</li>
<li>Positive results seen in both PD-L1 negative and PD-L1 positive participants with NSCLC</li>
<li>Data reaffirms&nbsp;the mechanism of action of ANKTIVA as an immune cell enhancer that activates natural killer (NK) cells and memory T cells to rescue checkpoint inhibitor (pembrolizumab, nivolumab, atezolizumab) failures across multiple tumor types</li>
<li>Meeting scheduled with FDA in June to discuss path to registration filing of ANKTIVA plus checkpoint inhibitors in 2nd- and 3rd-line NSCLC patients whose cancer previously did not respond to checkpoint therapy</li>
<li>$100 million&nbsp;in non-dilutive cash infusion with ANKTIVA approval brings cash-on-hand to approximately&nbsp;$240 million&nbsp;for launch of ANKTIVA in non-muscle invasive bladder cancer (NMIBC)</li>
<li>Company has scheduled a conference call to discuss registration plans for NSCLC, status of ANKTIVA launch readiness for NMIBC, and ANKTIVA as the backbone of our clinical trial pipeline for multiple tumor types</li>
</ul>

IBRX

Immunitybio Announces Results Of Anktiva Combined With Checkpoint Inhibitors In Non-Small Cell Lung Cancer; Schedules Meeting To Discuss Registration Path For ANKTIVA In Lung Cancer With FDA

ASE Tech Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASX#NYSE">ASX</a>) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.10 by 18 percent. This is a 4.65 percent decrease over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $4.243 which missed the analyst consensus estimate of $4.410 billion by 100.00 percent. This is a 100.00 percent decrease over sales of $4.305 billion the same period last year.

ASE Tech Holding Co Q1 2024 GAAP EPS $0.08 Misses $0.10 Estimate, Sales $4.243 Miss $4.410B Estimate

BRP Subsidiary Juniper Re Teams Up With ICEYE For Multi-Year Flood And Wildfire Data Collaboration

Chinese EV giant, BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), backed by Warren Buffett‘s Berkshire Hathaway, is set to make a bold move in the luxury EV market with the unveiling of its premium brand&#8217;s first sedan at the Beijing auto show, posing a direct challenge to luxury automakers such as Mercedes-Benz.
What Happened: The Denza Z9GT, BYD&#8217;s new sedan, is the fruit of founder Wang Chuanfu&#8217;s persistence with the brand, Reuters reported on Thursday. This development follows Mercedes-Benz reducing its stake in their joint premium EV venture from 50% to 10%.
The Denza Z9GT will join Denza&#8217;s N7 and N8 SUVs and D9 multipurpose vehicles, all of which have seen increasing sales, contributing to BYD&#8217;s dominance in the EV market.
&#8220;In the past, traditional luxury brands were defined by their logos. Today, luxury for new energy brands are defined by technology,&#8221; said Denza general manager Zhao Changjiang.
However, the luxury vehicle will enter a saturated domestic market amid a price war. Overseas, governments are scrutinizing Chinese EVs, blaming Chinese overcapacity for market flooding.
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38350014/elon-musk-reacts-to-teslas-pricing-debate-only-a-fool-thinks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts To Tesla&#8217;s Pricing Debate: &#8216;Only A Fool Thinks ….&#8217;</a>
BYD&#8217;s success is crucial to its goal of competing with global leaders like Toyota and Volkswagen and shedding its image as a low-cost automaker.
The luxury push is also necessary to increase profitability as the price war squeezes the margins of mainstream models. Denza&#8217;s D9 has become the group&#8217;s most profitable model with annual sales of 119,000 units.
Why It Matters: Earlier this year, BYD <a href="https://www.benzinga.com/markets/asia/24/03/37776137/chinas-ev-market-charges-forward-warren-buffett-backed-byd-predicts-50-nev-penetration-as-top-player">predicted a significant shift</a> in the new energy vehicle (NEV) landscape. The company has been focusing on <a href="https://www.benzinga.com/news/24/03/37616662/teslas-chinese-rivals-are-coming-for-the-throat-byd-xiaomi-sharpen-knives-for-all-out-ev-price-war">making EVs more affordable</a> than their gasoline counterparts. 
Recently, <a href="https://www.benzinga.com/markets/asia/24/02/37305779/teslas-china-rival-byd-raises-luxury-game-with-233k-ev-supercar-to-rival-ferrari-and-lamborghini">BYD unveiled its most expensive vehicle to date</a>, a fully electric supercar valued at $233,450, challenging traditional supercar manufacturers like Ferrari NV and Lamborghini. The company also announced its <a href="https://www.benzinga.com/news/24/04/38352429/warren-buffett-backed-byd-names-cybertruck-challenger-shark-with-plug-in-hybrid-system-for-extra-bit">first electric pickup truck</a>, the BYD Shark.
In 2008, Berkshire invested around $230 million in BYD, obtaining 225 million shares and a 20.49% stake in Class H shares. Over time,<a href="https://www.benzinga.com/news/24/02/36904335/warren-buffett-backed-byd-reports-impressive-33-1-yoy-growth-in-january-sales-continues-to-scale-sal"> it has reduced its stake</a> and now holds approximately 87.6 million BYD H Shares, equivalent to a 7.98% stake.
Price Action: On Wednesday, BYD&#8217;s stock BYDDF closed at $25.65, up by 2.05% while its ADR BYDDY closed at $51.21, up by 1.2% on the same day.
Read Next: <a href="https://www.benzinga.com/general/education/24/04/38388530/heres-how-much-warren-buffett-could-have-made-investing-in-tesla?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Here&#8217;s How Much Warren Buffett Could Have Made Investing In Tesla</a>
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BYDDF

BYDDY

Warren Buffett-Backed BYD Takes On Luxury EV Market With New Premium Sedan, Posing Direct Challenge For Mercedes-Benz

Sibanye may seek $500M through streaming, other deals to boost cash - Reuters

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Gold stocks to buy benefit from both a near term and long-term approach. In the immediate framework, the yellow metal has been a stout performer. Further, recent developments, such as a strong jobs report in March continue to fan the flames of inflation.



Looking over the horizon, gold stocks to buy may benefit from the fear trade. After all, investors have much to be worried about. From geopolitical flashpoints extending across multiple regions in the world to broader global economic uncertainties, there are many questions that remain unanswered. In such situations, precious metals have long served as safe-haven assets.



Now, buying physical bullion can be cumbersome, especially because investors must also store it somewhere. On the other hand, gold stocks to buy are super convenient and can indirectly rise on the price of the asset itself. With that, here are some compelling ideas to consider.



<h2>BHP (BHP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/bhp-1600-300x169.jpg" alt="Smartphone with BHP Group logo in front of BHP website. BHP stock."><div>Source: T. Schneider / Shutterstock</div></div>Let&rsquo;s start off this list of gold stocks to buy with a diverse play in the basic materials segment, BHP (NYSE:<a href="https://investorplace.com/stock-quotes/bhp-stock-quote/">BHP</a>). Operating as a resource enterprise, the company focuses on extracting multiple odditiesties, not just gold. In particular, it puts the spotlight on copper, zinc and iron ore, in addition to the precious metals. Notably, it also mines uranium, making BHP an indirect energy play.



Since it&rsquo;s difficult to predict which way the wind will blow, BHP&rsquo;s diverse product portfolio should help soothe jitters. Obviously, with the gold price rising, BHP stock may be able to ride the market&rsquo;s coattails. Further, fear-trade dynamics may undergird positive sentiment.



On another front, The Washington Post came out with an article recently that the U.S. is <a href="https://www.washingtonpost.com/business/2024/03/07/ai-data-centers-power/">running out of power</a>. With data centers consuming a greater share of electricity, the major utilities can&rsquo;t keep up. That&rsquo;s likely going to put uranium in the discussion.



So, it&rsquo;s not the most direct play for precious metals. Yet the broad relevancies make BHP one of the gold stocks to buy.



<h2>Barrick Gold (GOLD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/09/costco-gold-bars1600-300x169.png" alt="Gold bars and Financial concept, studio shots. Costco's gold bars, cost stock"><div>Source: Misunseo / Shutterstock.com</div></div>A sector-specific idea within the basic materials segment, Barrick Gold (NYSE:<a href="https://investorplace.com/stock-quotes/gold-stock-quote/">GOLD</a>) engages in the exploration, mine development, production and sale of gold and copper properties in Canada and internationally. It also explores and sells silver and energy materials. That&rsquo;s important because the silver market has also shot higher alongside the yellow metal.



Financially, Barrick is impressive. Last fiscal year, it beat all of its quarterly bottom-line targets. It did so with a wide margin. On average, the positive earnings surprise clocked in at 20.38%. Its best performance came during the fourth quarter, with Barrick posting earnings per share of 27 cents against a forecast calling for 21 cents.



For the current fiscal year, experts believe EPS will reach 94 cents on revenue of $12.27 billion. Last year, the print was 84 cents EPS on sales of $11.4 billion. For fiscal 2025, they project revenue to rise to $13.49 billion.



Given the current global situation, this forecast may be understated. Either way, it&rsquo;s one of the gold stocks to buy.



<h2>Newmont (NEM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/nem1600-300x169.jpg" alt="Newmont logo on a mobile phone screen"><div>Source: Piotr Swat/Shutterstock</div></div>A top-tier idea among gold stocks to buy, Newmont (NYSE:<a href="https://investorplace.com/stock-quotes/nem-stock-quote/">NEM</a>) engages in the production and exploration of gold. It also explores other resources, such as copper, silver and zinc. <a href="https://finance.yahoo.com/quote/NEM/profile">Per its public profile</a>, Newmont features operations and assets across the globe, including the U.S., Canada, Peru and Australia.



However, the underperformance of NEM up until recently may give contrarian investors an upside opportunity. Yes, shares are down 3% since the beginning of the year. However, in the trailing week, they popped up almost 8%. And in the past one-month period, NEM returned stakeholders more than 12% of equity value.



Looking at the current fiscal year, by the end of the period, experts believe EPS will land at $2.68. That&rsquo;s up significantly from last year&rsquo;s print of $2.19. Also, revenue could soar to $22.05 billion. If so, we&rsquo;re talking about a year-over-year growth rate of 37.2%.



Newmont also provides a forward annual dividend yield of 2.52%. So, the combination of capital gains potential along with the yield makes NEM one of the gold stocks to buy.



<h2>Wheaton Precious Metals (WPM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/wpm-1600-300x169.jpg" alt="Wheaton Precious Metals logo close-up on website page. WPM stock."><div>Source: Postmodern Studio / Shutterstock</div></div>Another popular name among gold stocks to buy, Wheaton Precious Metals (NYSE:<a href="https://investorplace.com/stock-quotes/wpm-stock-quote/">WPM</a>) is a streaming enterprise. Rather than extracting resources itself, Wheaton contracts with mining companies, providing upfront capital. In exchange, the miners agree to sell part or all of the metals produced at a predetermined discounted price. For WPM stakeholders, this business arrangement provides pricing stability.



Aside from a bum note in Q1 last year, Wheaton&rsquo;s earnings performance has been very solid. Overall, the average positive earnings surprise came out to just under 6%. Notably, the Q1 print represented an 8% miss against the expected target. That goes to show the long-term resilience of Wheaton&rsquo;s streaming business model.



For the current fiscal year, analysts forecast that EPS will land at $1.11. That&rsquo;s disappointing compared to last year&rsquo;s print of $1.18. Still, the high-side estimate calls for $1.41. Just as importantly, revenue could reach $1.17 billion, up 15.1% from last year&rsquo;s tally of $1.02 billion.



While not much, Wheaton also offers a forward yield of 1.22%. It makes a decent case for gold stocks to buy.



<h2>Royal Gold (RGLD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/gold-stocks-300x169.png" alt="An image of a rising bar graph on top of gold bars, representing gold stocks"><div>Source: Alexander Limbach / Shutterstock</div></div>A similar enterprise to Wheaton Precious Metals, Royal Gold (NASDAQ:<a href="https://investorplace.com/stock-quotes/rgld-stock-quote/">RGLD</a>), in addition to its streaming business specializes in royalties. As with the aforementioned business model, Royal Gold provides an upfront payment to individual miners. However, rather than receiving the physical metals, Royal instead receives a percentage of the generated revenue. Again, the advantage to RGLD shareholders is price predictability.



Now, one key difference between RGLD and WPM centers on the discrepancy in financial performances. While Wheaton incurred one miss, Royal Gold suffered two quarterly estimate misses last fiscal year. Further, its Q2 print met the target of 88 cents. It did redeem itself in Q4, however, generating a positive surprise of 23.4%. Overall, the earnings surprise in 2023 came out to 3.85%.



Still, looking to the end of fiscal 2024, analysts believe EPS will hit $4.21. That&rsquo;s conspicuously above last year&rsquo;s print of $3.53. Also, revenue could slot in at $697 million or 15.1% above last year&rsquo;s haul of $605.72 million.



Royal pays a forward yield of 1.28%, making for a nice package among gold stocks to buy.



<h2>B2Gold (BTG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/btg-stock-1-300x169.jpg" alt="b2gold (BTG) logo on a web browser enlarged by a magnifying glass"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Moving over to the more speculative side of the field, B2Gold (NYSEAMERICAN:<a href="https://investorplace.com/stock-quotes/btg-stock-quote/">BTG</a>) operates as a gold-producing enterprise. Per its <a href="https://finance.yahoo.com/quote/BTG/profile">corporate profile</a>, the company operates the Fekola Mine in Mali, the Masbate Mine in the Philippines and the Otjikoto Mine in Namibia. It also features a 100% interest in the Gramalote gold project in Colombia.



Financially, B2Gold is all over the map. In fiscal 2023, its best performance came in Q1, when the company posted EPS of 10 cents. At the time, analysts were looking for earnings of 7 cents per share. Unfortunately, the gold producer lost the plot in the second half. That was when the earnings surprise slipped to 20.55% below parity (against expectations).



Further, fiscal 2024 could be a rough year for BTG. For example, experts at the high end are looking for revenue of $1.82 billion. That&rsquo;s still off the pace from last year&rsquo;s haul of $1.93 billion. However, a recovery might take place in fiscal 2025, with sales potentially skyrocketing to $2.41 billion.



Still, the recent market performance indicates the uplift could arrive sooner.



<h2>Sibanye Stillwater (SBSW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/sibanye1600-300x169.png" alt="Person holding smartphone with logo of South African mining company Sibanye Stillwater Limited on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>I&rsquo;m not going to beat around the bush. Sibanye Stillwater (NYSE:<a href="https://investorplace.com/stock-quotes/sbsw-stock-quote/">SBSW</a>) ranks among the riskiest gold stocks to buy. Based in South Africa, Sibanye theoretically should benefit from the resource-rich region. Moreover, the company produces a wealth of critical resources. In addition to the yellow metal, it focuses on palladium, platinum and rhodium, among other commodities.



However, extracurricular issues have seen SBSW stock lose more than 31% of its equity value over the past 52 weeks. Part of these issues involve labor disputes that can easily disrupt production. Still, in the past five sessions, SBSW stock gained 19%. One long-term catalyst could be the fall of electric vehicles and the <a href="https://www.wsj.com/business/earnings/toyota-motor-reports-rise-in-quarterly-net-profit-as-sales-grew-5324042e#:~:text=Toyota%20on%20Tuesday%20forecast%20a,all%20of%20its%20major%20markets.">rise of hybrids</a>. Hybrid vehicles are combustion-based and therefore require palladium in the integration of catalytic converters.



Another reason to consider SBSW as one of the gold stocks to buy centers on the lack of belief. Because of the underlying company&rsquo;s credibility issues, it trades at only 9.77X forward earnings. It also features a modest price of 0.56X trailing-year revenue.



And if you need a little coaxing, Sibanye offers a <a href="https://www.dividend.com/stocks/materials/metals-mining/precious-metals/sbsw-sibanye-stillwater-limited-adr/">forward dividend yield of 3.92%</a>.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;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>.
<div>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.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/7-gold-stocks-to-buy-as-the-fear-trade-kicks-into-high-gear/">7 Gold Stocks to Buy as the Fear Trade Kicks into High Gear</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Gold Stocks to Buy as the Fear Trade Kicks into High Gear

Sibanye Stillwater: Bet On Growing PGM Deficit (Rating Upgrade)

Sibanye Stillwater's South Africa restructure could cut 4,000 jobs

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
With the <a href="https://investorplace.com/2024/04/recession-vs-rate-cut-what-does-the-march-jobs-report-means-for-stocks/">hotter-than-expected March jobs report,</a> you might think the dollar has lost value due to inflation, thus clouding the narrative of under-the-radar stocks. And yes, inflation is stubbornly high. That&rsquo;s what happens when more dollars chase after fewer goods.



At the same time, the dollar is very much elevated relative to a basket of international currencies. Indeed, the U.S. dollar index ripped higher, settling at 106 points. With that, Americans have (relatively speaking) increased purchasing power.



Under this scenario, many enterprises should benefit. However, these under-the-radar stocks could see a more substantial rise compared to their peers.



<h2>Star Bulk Carriers (SBLK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/zim_shipping1600-2-300x169.png" alt="A large ULCV container ship underway, sails on open water fully loaded with containers and cargo - the ZIM San Francisco"><div>Source: ImagineStock / Shutterstock.com</div></div>Operating under the marine shipping segment of the industrials category, Star Bulk Carriers (NASDAQ:<a href="https://investorplace.com/stock-quotes/sblk-stock-quote/">SBLK</a>) presents an intriguing idea for under-the-radar stocks. Per its <a href="https://finance.yahoo.com/quote/SBLK/profile">public profile,</a> the company&rsquo;s vessels transport a range of bulk commodities. These include iron ores, minerals, grains, bauxite, fertilizers and steel products.



As stated earlier, the March jobs report delivered better-than-anticipated numbers. There&rsquo;s an argument to be made that the data doesn&rsquo;t lie. In other words, with increasing commercial activities comes a rise in demand for critical commodities. Essentially, Star Bulk is positioned well. Not surprisingly, analysts rate SBLK a <a href="https://www.tipranks.com/stocks/sblk/forecast">unanimous Strong Buy</a> with an average price target of $28. That implies upside potential of over 21%.



For the current fiscal year, experts project that earnings per share could hit $4.03. That&rsquo;s a big jump from last year&rsquo;s print of $1.84. And in the following year, EPS could rise to $4.78. However, the top-line projection is curious, with 2024 sales estimated to decline by almost 6%. Still, analysts are looking for sales to rebound in fiscal 2025 to $1.03 billion.



And, given the positive fundamentals, the projected revenue upside could come earlier.



<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>Operating in the broader technology sphere, International Money Express (NASDAQ:<a href="https://investorplace.com/stock-quotes/imxi-stock-quote/">IMXI</a>) focuses on infrastructure software. With its subsidiaries, International Money is an omnichannel money remittance services enterprise. It operates in the U.S., Latin America, Mexico, Central and South America, the Caribbean, Africa and Asia.



Fundamentally, IMXI could be a relevant play for under-the-radar stocks thanks, in large part, to the robust American economy. Because of the strength of our economic machinery, more people from across the globe will likely come here for opportunities. I don&rsquo;t want to get into the politics of it, but let&rsquo;s say the Democrats maintain power &mdash; IMXI could then be a big hit as people send money back home.



Analysts peg IMXI as a consensus Strong Buy with a $26.25 price target, implying 21% upside potential. For fiscal 2024, they&rsquo;re looking for EPS of $2.19, above last year&rsquo;s print of $1.95. Further, revenue could land at $691.17 million, implying 4.9% growth from last year&rsquo;s sales of $658.74 million.



And with fiscal 2025 revenue projected to hit $751.25 million, experts believe that International Money&rsquo;s addressable market will continue to expand.



<h2>Sibanye Stillwater (SBSW)</h2>



<div><img width="300" height="199" src="https://investorplace.com/wp-content/uploads/2014/07/2-300x199.jpg" alt="gold mining"><div>Source: &copy;iStock.com/TomasSereda</div></div>Simply the riskiest idea on this list of under-the-radar stocks, Sibanye Stillwater (NYSE:<a href="https://investorplace.com/stock-quotes/sbsw-stock-quote/">SBSW</a>) is a resource mining enterprise. Based in South Africa, Sibanye mines a variety of in-demand assets, including gold. Certainly, the yellow metal should thrive based on current fear-trade dynamics. However, I&rsquo;m particularly interested in the company&rsquo;s palladium business.



Palladium is an interesting precious metal. Industrially, it&rsquo;s a critical component in the manufacturing of catalytic converters. With electric vehicles suffering from demand drains, combustion-powered cars &mdash; including hybrid vehicles &mdash; enjoy an extended viability pathway. Further, Russia has historically dominated palladium production. That story is obviously a complicated one now.



So, what do we have now? Limited supply, high demand &mdash; that should theoretically bode very well for SBSW stock. Further, shares <a href="https://www.gurufocus.com/stock/SBSW/summary?search=sbsw">trade at only 11.3X forward earnings</a> and 0.63X trailing-year revenue. Both stats are undervalued relative to the mining industry.



However, analysts only rate shares as a consensus Hold. Still, if palladium demand rises as I think it will, SBSW stock would be one of the names to watch.



On the date of publication, Josh Enomoto 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 <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>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.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/">The Dollar&#8217;s Ripping Higher: Cash In With These 3 Under-the-Radar Plays</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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With geopolitical flashpoints poised to worsen, investors ought to target stocks to buy for global conflict. I don&rsquo;t look at this theme as advantaging tragedies. Rather, it&rsquo;s a matter of sensibly adjusting one&rsquo;s portfolio to reflect rapidly shifting realities.



Yes, the headlines have been focused on the Middle East. The tit-for-tat missile attacks that Iran and Israel have launched against each other have rattled nerves. While the current media response from both sides suggest a collective effort to cool tensions, a miscalculation could easily spiral circumstances out of control.



However, the big issue in my opinion is the U.S. House of Representatives <a href="https://www.reuters.com/world/us/us-house-vote-long-awaited-95-billion-ukraine-israel-aid-package-2024-04-20/">passing $61 billion in aid to Ukraine</a>. That sends a clear message to Russia&rsquo;s Vladimir Putin that the U.S. and western forces will continue to support the embattled nation.



Having no off-ramp (because the government <a href="https://www.newsweek.com/joe-biden-just-provided-putin-off-ramp-needed-avoid-nuclear-war-1751426">didn&rsquo;t take it</a> earlier in the conflict), the Russians will continue their belligerence. With that in mind, investors need to get serious about these stocks to buy for global conflict.



<h2>Lockheed Martin (LMT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/LMT1600-300x169.jpg" alt="A Lockheed Martin (LMT) Space Systems sign in Sunnyvale, California."><div>Source: Ken Wolter / Shutterstock.com</div></div>Based in Bethesda, Maryland, Lockheed Martin (NYSE:<a href="https://investorplace.com/stock-quotes/lmt-stock-quote/">LMT</a>) is a powerhouse in the aerospace and defense sector. Responsible for developing and manufacturing a variety of weapons systems, it will almost surely play a pivotal role in the preparation for future conflicts. Of course, the defense space presents controversies regarding stocks to buy for global conflict.



However, in the words of Billy Joel, &ldquo;<a href="https://www.youtube.com/watch?v=dhqH4QpSgBI">We Didn&rsquo;t Start the Fire</a>.&rdquo; Certain nations unfortunately continue to abide by imperialistic directives. At some point, a major conflict is inevitable. The fundamental justification for supporting U.S. allies and interests abroad is the ability to prosecute violations of the international order from a position of strength.



In other words, it&rsquo;s easier to put out a house fire than a forest fire. But the prospect of a major conflagration materializing has heightened. Therefore, the need to prepare should bode well for Lockheed Martin.



To be fair, analysts only rate shares a <a href="https://www.tipranks.com/stocks/lmt/forecast">consensus hold</a>, driven by <a href="https://finance.yahoo.com/quote/LMT/analysis">muted sales growth forecasts</a>. However, it&rsquo;s my opinion that this dynamic could change in a hurry. Therefore, LMT is one of the stocks to buy for global conflict.



<h2>AeroVironment (AVAV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/aerovironment-avav-1600-300x169.png" alt="The logo for AeroVironment (AVAV) is seen through a magnifying glass on the company's website."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>While Mr. Joel is adamant that his generation didn&rsquo;t start any fires, the reality is that the geopolitical snowballing effect means that we must deal with the consequences today. Defense contractor AeroVironment (NASDAQ:<a href="https://investorplace.com/stock-quotes/avav-stock-quote/">AVAV</a>) is what happens when strategic efforts of containment and/or de-escalation fails and the bullets start flying. At that point, you need a response and that&rsquo;s where AeroVironment comes in.



I don&rsquo;t want to use the term to avoid getting pinged by the politically correct algorithms. AeroVironment makes &ldquo;self-harm&rdquo; drones if you get my drift. Notably, the company states that its drones were instrumental in <a href="https://www.avinc.com/resources/av-in-the-news/view/how-makers-of-the-switchblade-suicide-drone-are-changing-the-ukraine-war">changing the Ukraine war&rsquo;s landscape</a>. With these weapons systems, military operations were able to hit high-value targets while protecting themselves via distance.



For the current fiscal year, covering experts anticipate that revenue will hit $708.15 million, up 31% from last year&rsquo;s print of $540.54 million. That&rsquo;s a major reason why shares have done so well. Moving forward, experts see a reduced sales growth rate of 13.4% for fiscal 2025.



However, I believe with AeroVironment proving itself in combat, demand will be higher than anticipated. That&rsquo;s why AVAV is one of the stocks to buy for global conflict.



<h2>Barrick Gold (GOLD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/gold1600-300x169.jpg" alt="An image of multiple gold bars. Gold prices"><div>Source: Shutterstock</div></div>Not every idea for stocks to buy for global conflict has to involve defense contractors. Given the turmoil that geopolitical flashpoints can cause, the fear trade should cynically blossom. If so, you&rsquo;ll want to keep close tabs on Barrick Gold (NYSE:<a href="https://investorplace.com/stock-quotes/gold-stock-quote/">GOLD</a>). An exploration, production and mine development specialist, Barrick could benefit from multiple catalysts.



The first catalyst is an obvious one &ndash; inflation. That&rsquo;s not just from the geopolitical realm. Rather, the U.S. economy continues to impress analysts with stronger-than-expected jobs reports. While that&rsquo;s a positive development, it also means that more dollars are chasing after fewer goods. That will likely make the dollar relatively devalued, which may mean higher prices for gold.



Second, the yellow metal has historically played the role of safe-haven asset. With multiple flashpoints materializing throughout the world, a miscalculation could send matters spiraling out of control. I hate to say it but in many ways, that&rsquo;s gold positive.



Covering experts rate shares a <a href="https://www.tipranks.com/stocks/gold/forecast">consensus strong buy</a> with a $21.30 average price target. Based on current conditions, it&rsquo;s an attractive and relevant idea.



<h2>Sibanye Stillwater (SBSW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/sibanye1600-300x169.png" alt="Person holding smartphone with logo of South African mining company Sibanye Stillwater Limited on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>When it comes to gold plays, better options exist than Sibanye Stillwater (NYSE:<a href="https://investorplace.com/stock-quotes/sbsw-stock-quote/">SBSW</a>). Sure, the sector suffered from significant challenges related to earlier fears of interest rate hikes. But with inflation proving to be stickier than anticipated, precious metals may enjoy a long relevancy lifespan. However, SBSW stock is attractive not just because of the gold situation but because of the underlying palladium business.



As an industrial metal, palladium finds significant use in the automotive sector. It&rsquo;s a critical commodity for the development of catalytic converters. Remember those stories about thieves cutting up exhaust systems? Palladium &ndash; or more specifically its high market value &ndash; is the reason why.



What&rsquo;s really intriguing here on a cynical basis is that electric vehicle sales are suffering. Further, hybrid vehicle demand is skyrocketing, which means palladium demand should rise as well. There&rsquo;s just one problem: Russia is the <a href="https://www.statista.com/statistics/273647/global-mine-production-of-palladium/#:~:text=The%20mine%20production%20of%20palladium,is%20a%20platinum%20group%20metal.">world&rsquo;s biggest producer of palladium</a>.



Of course, the west refuses to do business with the Russians. That means we have to turn to South Africa (where Sibanye is based) for increased palladium production. Do the math. SBSW is one of the stocks to buy for global conflict.



<h2>Palo Alto Networks (PANW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/panw-stock-1-300x169.jpg" alt="Palo Alto Networks (PANW) logo on corporate building"><div>Source: Sundry Photography / Shutterstock.com</div></div>A technology player, Palo Alto Networks (NASDAQ:<a href="https://investorplace.com/stock-quotes/panw-stock-quote/">PANW</a>) specializes in cybersecurity. Per its <a href="https://finance.yahoo.com/quote/PANW/profile">public profile</a>, the company primarily offers firewall appliances and software. In addition, it provides a security management solution for the global control of network security as a virtual or physical appliance. With cyber threats sprouting in both scope and scale, it&rsquo;s never been more vital for enterprises to protect themselves.



Fundamentally, PANW is easily one of the stocks to buy for global conflict. Unlike prior geopolitical flashpoints, the fighting doesn&rsquo;t just occur in the physical paradigm. Rather, combatants and their advocates engage in an informational war. A clear example of this is Russian interference in the 2016 U.S. elections. The Federal Bureau of Investigation <a href="https://www.fbi.gov/wanted/cyber/russian-interference-in-2016-u-s-elections">seeks to arrest</a> multiple Russian agents for conspiracy charges.



Further, data from Statista reveals that Russia is the major source of <a href="https://www.statista.com/topics/7335/information-security-and-cyber-crime-in-russia/#:~:text=Russia%20is%20the%20major%20source,the%20fifth%2Dhighest%20number%20worldwide.">phishing attacks around the globe</a>. With that, analysts unsurprisingly see 15.9% growth in the top line to $7.99 billion for fiscal 2024. Next year, this figure could rise to $9.13 billion. It&rsquo;s easily one of the stocks to buy for global conflict.



<h2>Iron Mountain (IRM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/irm1600-300x169.jpg" alt="Iron Mountain (IRM) logo on truck"><div>Source: Shutterstock</div></div>Structured as a real estate investment trust or REIT, Iron Mountain (NYSE:<a href="https://investorplace.com/stock-quotes/irm-stock-quote/">IRM</a>) mixes an old-school business model with modern security services. <a href="https://finance.yahoo.com/quote/IRM/profile">Per its corporate profile</a>, Iron Mountain is a global leader in information management services. Originally, it started as a platform for protecting its clients&rsquo; documents and assets. Later on, it began providing digital storage and security solutions.



In any scenario, it&rsquo;s vital for enterprises &ndash; especially government agencies &ndash; to keep important documents and records away from the source infrastructure. You just never know what might happen, from accidents to environmental calamities. Further, the geopolitical backdrop suggests that adversarial nations and entities can attempt to compromise American businesses and infrastructure. Therefore, document and asset storage and protection has never been more important.



Notably, this dynamic has not been ignored on Wall Street. Instead, experts anticipate that current fiscal year revenue could hit $6.09 billion. If so, we&rsquo;re talking about an 11.1% growth rate from last year&rsquo;s print of $5.48 billion. Lastly, IRM carries a <a href="https://www.tipranks.com/stocks/irm/forecast">unanimous strong buy rating</a>. So, it&rsquo;s a great candidate for stocks to buy for global conflict.



<h2>Booz Allen Hamilton (BAH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/bah-stock-1-300x169.jpg" alt="Booz Allen Hamilton (BAH) logo on a corporate building"><div>Source: Jer123 / Shutterstock.com</div></div>Focused on the consulting services sector, Booz Allen Hamilton (NYSE:<a href="https://investorplace.com/stock-quotes/bah-stock-quote/">BAH</a>) provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations. Primarily, BAH is a candidate for stocks to buy for global conflict due to its relevance in the information war space.



According to the <a href="https://www.boozallen.com">company&rsquo;s website</a>, Booz Allen addresses the Department of Defense&rsquo;s most vital challenges. In particular, the technology consultation firm provides command, control and communications and battle management. In addition, the firm helps in the field of intelligence, surveillance and reconnaissance, along with electronic warfare. That&rsquo;s going to be especially crucial given the cunning nature of modern-day threats.



Recently, FBI Director Christopher Wray <a href="https://www.theguardian.com/world/2024/apr/19/fbi-china-hack-infrastructure#:~:text=China%20is%20developing%20the%20%E2%80%9Cability,to%20try%20to%20induce%20panic.%E2%80%9D">warned</a> that China is developing the &ldquo;ability to physically wreak havoc on our critical infrastructure at a time of its choosing.&rdquo; Therefore, it&rsquo;s essential to have a response ready. Just as significantly, the response needs to be measured, demonstrating that America means business without inviting unnecessary escalation.



Analysts anticipate that fiscal 2024 revenue will hit $10.61 billion, up 14.5% from last year. That&rsquo;s more than a credible forecast based on current realities.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;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>.
<div>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.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/conflict-capitalists-7-stocks-set-to-profit-from-worldwide-instability/">Conflict Capitalists: 7 Stocks Set to Profit From Worldwide Instability</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Conflict Capitalists: 7 Stocks Set to Profit From Worldwide Instability

Due to geopolitical and economic concerns, the "fear trade" is on, which bolsters the bull case for Sibanye Stillwater (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBSW#NYSE">SBSW</a>) stock. Based in ...