SkyWater Technology (NASDAQ:SKYT) Stock, Quote.Headers.trade-ideas

SkyWater Technology

SkyWater Technology Inc is a U.S.-based, independent, pure-play technology foundry that offers semiconductor development and manufacturing services from its fabrication facilities. In its technology as a service model, it leverages a foundation of proprietary technology, engineering to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Technology Services for diverse microelectronics (integrated circuits) and related micro- and nanotechnology applications. It focuses on serving diversified, high-growth, end users in numerous vertical markets, including computation, aerospace and defense (A&D), automotive and transportation, bio-health, and industrial.

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Shares of  Freshpet, Inc. (NASDAQ: FRPT) gained 15.5% to $106.29 after the company reported better-than-expected fourth-quarter financial results.

Why Freshpet Shares Are Trading Higher By Around 15%? Here Are Other Stocks Moving In Monday&#39;s Mid-Day Session

SkyWater Technology Inc

Skytop Lodge Corp

SKYTOP LODGE CORP 7 PFD by Skytop Lodge Corp.

<p>In an opinion piece in the New York Times titled &#8220;Inflation Is Ebbing. Now the Fed Must Protect Jobs,&#8221; the inventor of Sahm&#8217;s Rule <strong>Claudia Sahm</strong> said the 0.5 percentage point <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">cut in policy interest rate</a> by the Federal Reserve signifies a change in the central bank&#8217;s strategy towards managing inflation and employment.</p>
<p><strong>What Happened</strong>: The rate cut brings the federal funds rate to a target range of 4.75 percent to 5 percent, inching closer to pre-pandemic levels. The Fed&#8217;s decision indicates a shift from its focus on inflation, which has been on a downward trend for the past two years, to strengthening employment, <a href="https://www.nytimes.com/2024/09/19/opinion/federal-reserve-rate-cut-unemployment.html">wrote</a> Sahm in the Times.</p>
<p>Despite the rate cut, the funds rate remains high enough to deter some borrowing and spending, suggesting the Fed&#8217;s continued caution against inflation. However, the larger cut also reflects the Fed&#8217;s concern over recent indications of a labor market slowdown.</p>
<p>&#8220;Unlike many other central banks, however, the Fed has a mandate for maximum employment along with price stability, and the decision for a larger cut also signals that it is taking seriously recent signs of slowing in the labor market,&#8221; said Sahm, a former economist at the Federal Reserve Board of Governors.</p>
<p>Sahm noted that the decision was met with dissent, with Fed governor <strong>Michelle Bowman</strong> advocating for a smaller cut. Sahm said that the recent unemployment rate increase aligns with early recession trends, but the U.S. isn&#8217;t in or nearing a recession, with GDP growth on track. The Fed's half-point rate cut, termed a "recalibration" by Chair Jerome Powell, aims to reduce risks, though it has raised concerns about a potential economic crisis.</p>
<p>Additional rate cuts are anticipated as inflation continues to fall. Most Fed officials predict a further reduction of at least 1.5 percentage points in the funds rate by the end of 2025, assuming only a minor increase in unemployment, according to Sahm.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/24/09/40933169/mark-cuban-teams-up-with-kamala-harris-to-protect-american-businesses-from-unfair-foreign-competitio?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Teams Up With Kamala Harris To Protect American Businesses From &#8216;Unfair Foreign Competition&#8217; From Chinese Clone Products: &#8216;Knockoffs Are A Plague On Small Businesses&#8217;</a></strong></p>
<p><strong>Why It Matters</strong>: This bold move by the Federal Reserve breaks a four-year streak of steady rates, surprising Wall Street analysts who had predicted a more modest 0.25 point cut. The larger reduction aligns with investor sentiment favoring a more aggressive easing approach at the start of the rate-cut cycle.</p>
<p>Earlier, Sahm had refuted claims of a U.S. recession despite market instability. She insisted that traditional indicators might not <a href="https://www.benzinga.com/news/24/08/40177780/i-do-not-think-the-us-economy-is-in-recession-sahm-rule-creator-refutes-claims-amid-market-turmoil">accurately reflect</a> the current unusual economic cycle. Sahm later <a href="https://www.benzinga.com/news/24/08/40389835/claudia-sahm-stands-by-sahm-rule-amid-criticism-from-jerome-powell-and-others-on-its-economic-signif">defended the relevance</a> of her economic indicator amid criticism.</p>
<p><em>Photo via Shutterstock.</em></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong> <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40891378/ahead-of-fomc-meeting-paul-krugman-says-fed-rates-will-be-elevated-even-with-50-bps?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Ahead Of FOMC Meeting Paul Krugman Says Fed Rates Will Be Elevated Even With 50 Bps Cut: &#8216;Argument For Incrementalism Is Very Weak&#8217;</a></strong></li>
</ul>
<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/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a></u></p>


Economics

Claudia Sahm Underscores Fed's Mandate to Protect Jobs, Says Additional Cuts Expected: 'The Time To Support The Labor Market Is When It's Strong'

<p>Ahead of the 2024 presidential election, Vice President <strong>Kamala Harris</strong> is making strategic moves to win over voters through a <a href="https://www.benzinga.com/news/24/09/40937579/kamala-harris-and-oprah-winfrey-to-host-virtual-event-to-sway-support-from-key-battleground-states-o">high-profile virtual event</a> with former talk show host <strong>Oprah Winfrey</strong>.</p>
<p><strong>What Happened</strong>: The event, titled "Unite for America," is hosted by Winfrey from suburban Michigan, a crucial battleground state in the upcoming election. </p>
<p>The livestream features celebrities like <strong>Bryan Cranston, Jennifer Lopez</strong>, and <strong>Meryl Streep</strong>, alongside stories from ordinary voters to amplify Harris&#8217;s message.</p>
<p>More than 295,000 viewers tuned in on YouTube alone, with the event also being streamed on other major social media platforms. </p>
<p>Winfrey introduced Harris, who spoke about her sudden rise to the Democratic nominee after President <strong>Joe Biden</strong>&#8216;s unexpected exit in July. </p>
<p>"I felt a sense of responsibility, to be honest with you, and with that comes a sense of purpose," Harris said. </p>
<p>During the event, Harris discussed her plans to reduce housing costs and cut middle-class taxes, answering questions from voters in Michigan and Virginia. Harris has been focusing on digital engagement and controlled interactions, aiming to connect with voters who primarily consume news online.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/24/09/40931458/obama-era-economist-says-she-is-pleasantly-surprised-that-jd-vance-thinks-the-economy-is-too-strong?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Obama-Era Economist Says She Is &#8216;Pleasantly Surprised&#8217; That JD Vance Thinks The &#8216;Economy Is Too Strong For The Rate Cut&#8217;</a></strong></p>
<p><strong>Why It Matters</strong>: The virtual event comes at a critical time for Harris, who has been gaining ground in recent polls. A <a href="https://www.benzinga.com/general/politics/24/09/40949853/harris-in-trouble-new-swing-state-poll-shows-trump-gains-ground-in-key-battleground-areas-for-20">recent poll</a> shows Harris trending up in the 2024 election polls of nationally registered voters, posting her largest lead in the weekly Morning Consult poll this week in the head-to-head matchup against former President <strong>Donald Trump</strong>.</p>
<p>However, the race remains tight, with high-profile endorsements playing a crucial role. Harris recently received her second endorsement in 179 years from the <a href="https://www.benzinga.com/general/politics/24/09/40907893/kamala-harris-wins-second-endorsement-in-179-years-from-magazine-that-featured-works-from-nikola">oldest continuously published magazine in the U.S.</a>, which has featured works from luminaries like <strong>Nikola Tesla</strong> and<strong> Albert Einstein</strong>.</p>
<p>Additionally, Harris has been actively <a href="https://www.benzinga.com/news/24/09/40933169/mark-cuban-teams-up-with-kamala-harris-to-protect-american-businesses-from-unfair-foreign-competitio">collaborating with influential figures</a> like billionaire entrepreneur <strong>Mark Cuban</strong>. Cuban recently teamed up with Harris to protect American businesses from unfair foreign competition, particularly from Chinese knockoffs. </p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/09/40913930/kamala-harris-moves-from-13-point-deficit-to-7-point-lead-over-trump-in-survey-of-fund-managers-stra?itm_source=parsely-api">Kamala Harris Moves From 13-Point Deficit To 7-Point Lead Over Trump In Survey Of Fund Managers, Strategists And Economists: Here&#8217;s Why Most Favor A Divided Government</a></strong></li>
</ul>
<p><em>Image via Wikimedia Commons</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/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a></u></p>


Social Media

Politics

Kamala Harris Tells Oprah Winfrey She Felt A 'Sense Of Responsibility' After Biden's Sudden Exit: It Came With A 'Sense of Purpose'

<p>Noted data scientist, <strong>Thomas Miller</strong> of Northwestern University, recognized for his precise election forecasts, has made a prediction for the forthcoming Trump vs. Harris presidential election.</p>
<p><strong>What Happened</strong>:  Miller, who accurately foresaw the results of the 2020 presidential and Georgia senatorial races, has come forward with a new prediction for the 2024 presidential election, <a href="https://fortune.com/2024/09/18/trump-vs-harris-election-odds-who-will-win/">reported</a> Fortune.</p>
<p>Miller&#8217;s approach, which utilizes data from political betting sites rather than conventional polls, has shown high accuracy in the past. &#8220;Political betting sites are the best at predicting the wisdom of the crowd,&#8221; Miller stated to Fortune. He contends that while polls mirror past sentiments, betting odds can offer a more precise prediction of future outcomes.</p>
<p>For the 2024 presidential race, Miller is again employing PredictIt, a U.S. political betting site, for his forecasts. He observes that the site has a steady group of investors and provides current data, making it a dependable source for his analysis.</p>
<p>According to Miller&#8217;s model, Harris is presently leading Trump. He ascribes this shift to several factors, including the recent Trump-Harris debate and a crucial endorsement for Harris. If the current trend persists, Miller anticipates a substantial victory for Harris in the upcoming election.</p>
<p>&#8220;It's gone from a drastic landslide in Trump's direction to a drastic landslide for Harris,&#8221; said Miller. He said it would now take an equally dramatic shift in Trump&#8217;s favor for the ex-president to come back into contention. Miller said as things stood now it appeared as if Harris would win big on November 5.</p>
<p>Miller&#8217;s predictions have been remarkably precise in the past, making his forecast a significant point of interest as the election nears. His unique approach to election forecasting offers a new viewpoint on the potential outcome of the Trump vs. Harris race.</p>
<p>Miller&#8217;s analysis suggests that as of September 10, millions of Trump supporters likely shifted, triggering a ripple effect that could eventually benefit Harris, though few see it yet. </p>
<p><strong>See Also: <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump In Trouble: Vice President Harris Has Record 6-Point Lead In 2024 Election Poll After Debate, Posts Highest Rankings In Key Demographics</a></strong></p>
<p><strong>Why It Matters</strong>: A recent poll taken after the September 10 presidential debate from the Trafalgar Group <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state">showed Trump overtaking Harris</a> in North Carolina, with 48.4% to her 46%. Despite an underwhelming debate performance, Trump gained a 2% shift from Harris&#8217; supporters, narrowing the previously slim lead she held in earlier polls.</p>
<p>The trends reported by Benzinga showed Harris <a href="https://www.benzinga.com/general/politics/24/09/40949853/harris-in-trouble-new-swing-state-poll-shows-trump-gains-ground-in-key-battleground-areas-for-20">gaining ground</a> in key battleground areas. Furthermore, Harris posted a record 6-point lead in a <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat">national poll</a> after the debate, indicating a strong momentum in her favor after the event.</p>
<p><em>Image via Shutterstock</em></p>
<p><strong>Check This Out:</strong></p>
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades"><strong>Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</strong></a></li>
</ul>
<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/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a></u></p>


General

Data Scientist Who Called 2020 Election Correctly Says Its Gone From 'Drastic Landslide In Trump's Direction To A drastic landslide For Harris'

<p><strong>Elon Musk</strong>, the CEO of <strong>Tesla </strong>and <strong>SpaceX</strong>, has come under the scrutiny of the Secret Service due to a <a href="https://www.benzinga.com/news/24/09/40870646/elon-musk-comments-on-why-they-want-to-kill-trump-desantis-promises-floridas-own-probe">contentious social media post</a> involving President <strong>Joe Biden</strong> and Vice President <strong>Kamala Harris</strong>.</p>
<p><strong>What Happened</strong>: The Secret Service is investigating a post by Musk in which he questioned why there were no assassination attempts on Biden or Harris. The agency refrained from revealing any details about the investigation, citing it as an &#8220;enforcement proceeding,&#8221; <a href="http://<br />
<h2&gt;Elon Musk's Controversial Post Sparks Secret Service Investigation</h2&gt; <p&gt;In a recent development, <b&gt;Elon Musk</b&gt;, the CEO of <b&gt;Tesla Inc.</b&gt; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</h2&gt;elon></a>), has come under the scrutiny of the Secret Service due to a contentious social media post involving President Joe Biden and Vice President Kamala Harris.
<p&gt;<b&gt;What Happened</b&gt;: According to a <a href=&quot;https://www.businessinsider.com/secret-service-elon-musk-investigation-tweet-biden-kamala-assassination-2024-9&quot;&gt;Business Insider</a&gt; report on Sunday, the Secret Service is investigating a post by Musk in which he questioned why there were no assassination attempts on Biden or Harris. The agency refrained from revealing any details about the investigation, citing it as an &quot;enforcement proceeding.&quot;</p&gt; <p&gt;Musk's controversial post was in response to a user who asked why there were attempts on the life of former President Donald Trump. Musk later took down his post, attributing it to a misunderstood sense of humor.</p&gt; <p&gt;<i&gt;See Also: <a href=&quot;https://www.benzinga.com/news/24/09/40911991/hillary-clinton-compares-melania-trump-to-the-little-kid-at-a-birthday-party-who-doesnt-know-anyone?itm_source=parsely-api&quot; target=&quot;_blank&quot;&gt;Hillary Clinton Compares Melania Trump To 'The Little Kid At A Birthday Party Who Doesn't Know Anyone' In</a&gt;</i&gt;</p&gt;<p&gt;Spokesperson for the Secret Service, Melissa McKenzie, stated, <span style=&quot;color:#FF0000&quot;&gt;&quot;The Secret Service is aware</span&gt; <span style=&quot;color:#FF0000&quot;&gt;of the social media post</span&gt; <span style=&quot;color:#FF0000&quot;&gt;made by Elon Musk and</span&gt; <span style=&quot;color:#FF0000&quot;&gt;as a matter of practice,</span&gt; <span style=&quot;color:#FF0000&quot;&gt;we do not comment on</span&gt; matters involving protective intelligence.&quot; She further added that the agency <span style=&quot;color:#FF0000&quot;&gt;investigates all threats related to</span&gt; their protectees.</p&gt; <p&gt;It is important to note that Musk, who is a known supporter of Trump, has previously highlighted the former president's survival of an assassination attempt. Musk endorsed Trump following a near-miss shooting incident in July.</p&gt; <p&gt;The White House has denounced Musk's post, describing it as irresponsible rhetoric that should never be encouraged or joked about.</p&gt; <p&gt;<b&gt;Why It Matters</b&gt;: This controversy comes in the wake of a second assassination attempt on Donald Trump, as reported by <a href=&quot;https://www.benzinga.com/news/24/09/40870646/elon-musk-comments-on-why-they-want-to-kill-trump-desantis-promises-floridas-own-probe&quot;&gt;Benzinga</a&gt;. Musk's contentious post was made shortly after this incident, sparking a wave of backlash and criticism, including from the White House, as per <a href=&quot;https://www.benzinga.com/news/24/09/40890277/elon-musk-says-his-now-deleted-controversial-post-after-latest-trump-assassination-which-was-labeled&quot;&gt;Benzinga</a&gt;. The Tesla CEO later removed the post, claiming it was a joke that was misunderstood due to lack of context. The Secret Service's investigation into Musk's post underscores the seriousness of such comments, even when made in jest.</p&gt;<p&gt;<i&gt;Read Next: <a href=&quot;https://www.benzinga.com/news/24/09/40931458/obama-era-economist-says-she-is-pleasantly-surprised-that-jd-vance-thinks-the-economy-is-too-strong?itm_source=parsely-api&quot; target=&quot;_blank&quot;&gt;Obama-Era Economist Says She Is 'Pleasantly Surprised' That JD Vance Thinks The 'Economy Is Too Strong Fo</a&gt;</i&gt;</p&gt;">reported Business Insider.</p&gt;<b&gt;what></p>
<p>Musk&#8217;s controversial post was in response to a user who asked why there were attempts on the life of former President <strong>Donald Trump</strong>. Musk later took down his post, attributing it to a misunderstood sense of humor.</p>
<p>A Spokesperson for the Secret Service, <strong>Melissa McKenzie</strong>, stated, &#8220;The Secret Service is aware of the social media post made by Elon Musk and as a matter of practice, we do not comment on matters involving protective intelligence.&#8221; She further added that the agency investigates all threats related to their protectees.</p>
<p>It is important to note that Musk, who is a known supporter of Trump, has previously highlighted the former president&#8217;s survival of an assassination attempt. Musk endorsed Trump following a near-miss shooting incident in July.</p>
<p>The White House has denounced Musk&#8217;s post, describing it as irresponsible rhetoric that should never be encouraged or joked about.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/24/09/40911991/hillary-clinton-compares-melania-trump-to-the-little-kid-at-a-birthday-party-who-doesnt-know-anyone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Hillary Clinton Compares Melania Trump To &#8216;The Little Kid At A Birthday Party Who Doesn&#8217;t Know Anyone&#8217; In Her Latest Book</a></strong></p>
<p><strong>Why It Matters</strong>: This controversy comes in the wake of a <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">second assassination attempt</a> on Trump. Musk&#8217;s contentious post was made shortly after this incident, sparking a wave of backlash and criticism, including from the White House, as per Benzinga. </p>
<p>The Tesla CEO later <a href="https://www.benzinga.com/news/24/09/40890277/elon-musk-says-his-now-deleted-controversial-post-after-latest-trump-assassination-which-was-labeled">removed the post</a>, claiming it was a joke that was misunderstood due to lack of context. He wrote on X, &#8220;Turns out that jokes are WAY less funny if people don&#8217;t know the context and the delivery is plain text."</p>
<p>In a separate post, Musk said that he had learned the lesson that &#8220;just because I say something to a group and they laugh doesn&#8217;t mean it&#8217;s going to be all that hilarious as a post on X.&#8221;</p>
<p><strong>Did You Know?</strong></p>
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades"><strong>Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</strong></a></li>
</ul>
<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/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a></u></p>
<p><a href="https://twitter.com/elonmusk/status/1835574495467159607" target="_blank" rel="noreferrer noopener"></a></p>


TSLA

'The Secret Service Is Aware Of The Social Media Post Made By Elon Musk,' Says Law Enforcement Agency

WHLRD

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

WHLRP

WHLRL

WHLR

<p>Millions of Americans face tougher times managing their bills as inflation bites. According to the U.S. Census Bureau, about 40% of consumers say it&#8217;s getting &#8220;somewhat&#8221; to &#8220;very difficult&#8221; to cover their monthly expenses.&nbsp;</p>
<p>This struggle is set to deepen with the return of student loan payments, which paused for years during the pandemic. Add to that the cost of summer child care and vacations and it's no wonder many are feeling the heat. But there's one payment you can't afford to put on the back burner: your student loans.</p>
<p><strong>Don't Miss:</strong></p>
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<li><strong>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"><strong> </strong><strong>How do you compare</strong></a>?</strong></li>
<li><strong>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"><strong> </strong><strong>The percentage may shock you</strong></a>.</strong></li>
<li><strong>This billion-dollar fund has invested in the next big real estate boom,<a href="https://www.benzinga.com/money/fundrise-flagship-fund"><strong> </strong><strong>here's how you can join for $10.</strong></a></strong></li>
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<p>Financial expert <a href="https://www.benzinga.com/personal-finance/24/08/40304035/suze-orman-says-ignoring-this-will-ruin-your-investment-future-heres-what-you-must-do-now-to-sec">Suze Orman</a>, host of the popular &#8220;Women &amp; Money&#8221; podcast, warns that skipping student loan payments is not an option. "It should be a priority," she said.</p>
<p>Pushing student loans aside with everything else on your plate might be tempting, but ignoring them could land you in hot water. The restart of these payments in fall 2023 has forced many people to figure out how to squeeze them back into already-tight budgets. However, Orman stresses that this is one bill you can't sweep under the rug.</p>
<p><strong>Trending: </strong><strong>Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"><strong> </strong><strong>re-engineers traditional banking with this new high-yield account — start saving better today.</strong></a></strong></p>
<p>Orman offers practical advice for those overwhelmed: &#8220;Make a plan or a budget that works so you can pay [your student loans] each month.&#8221; Her suggestion? Start by trimming the fat from your spending.&nbsp;</p>
<p>&#8220;Give up eating out or other unnecessary expenses so you can start making your payments,&#8221; she advises. Cutting back on indulgences can free up the cash needed to keep up with loan payments and it's a simple step toward regaining control over your finances.</p>
<p><strong>Trending: </strong><strong>Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.<a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital"><strong> </strong><strong>Investing in its booming real estate market has never been more accessible.</strong></a></strong></p>
<p>The silver lining is that the <a href="https://www.benzinga.com/personal-finance/24/09/40879305/the-22-6-trillion-crisis-neither-harris-nor-trump-mentioned-but-its-the-top-concern-for-millions">Biden </a>administration has rolled out a new income-driven repayment (IDR) plan called the Saving on a Valuable Education (SAVE) Plan. This plan could offer significant relief to borrowers, especially those on the lower end of the income scale.</p>
<p>According to the Department of Education, single borrowers earning $32,800 or less and families of four earning $67,500 or less won't need to make any payments at all. Even those earning more will see some savings – at least $1,000 annually compared to older IDR plans.</p>
<p><strong><em>See Also: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv"><strong><em>IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</em></strong></a></em></strong></p>
<p>"With the new guidelines, many people's payments will be cut in half," Orman explained. This makes it much more manageable to stay on top of those monthly payments, reducing the risk of falling behind. For borrowers feeling stretched thin, this adjustment might just be their lifeline.</p>
<p>There's no sugarcoating it – budgeting for loan payments can feel like a juggling act. But as Orman points out, it's a necessity. &#8220;People need to remember not to put off paying your student loans. It's not going away; it should be the first monthly bill you pay. You can't bankrupt your student loan.&#8221;</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong>Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"><strong> </strong><strong>This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</strong></a></strong></li>
<li><strong>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"><strong> </strong><strong>they all believe in one platform that offers a 7-9% target yield with monthly dividends</strong></a></strong></li>
</ul>


Personal Finance

Suze Orman Says Missing This One Crucial Monthly Payment Could Cost You Big – Here's The First Bill You Should Never Ignore

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Hold rating and announces Price Target of $48.</p>


Price Target

Initiation

Analyst Ratings

Jefferies Initiates Coverage On Portland Gen Electric with Hold Rating, Announces Price Target of $48

<p>Jefferies  analyst Paul Zimbardo   initiates coverage on Dominion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) with a Hold rating and announces Price Target of $58.</p>


Jefferies Initiates Coverage On Dominion Energy with Hold Rating, Announces Price Target of $58

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Hold rating and announces Price Target of $107.</p>


Jefferies Initiates Coverage On American Electric Power with Hold Rating, Announces Price Target of $107

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) with a Hold rating and announces Price Target of $94.</p>


Jefferies Initiates Coverage On Southern with Hold Rating, Announces Price Target of $94

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on Idacorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDA#NYSE">IDA</a>) with a Hold rating and announces Price Target of $110.</p>


Jefferies Initiates Coverage On Idacorp with Hold Rating, Announces Price Target of $110

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) with a Hold rating and announces Price Target of $102.</p>


Jefferies Initiates Coverage On WEC Energy Group with Hold Rating, Announces Price Target of $102

<p>The head-to-head matchup between former President <strong>Donald Trump </strong>and Vice President <strong>Kamala Harris </strong>could come down to how several swing states fall in the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a></p>
<p>A new poll shows which candidate is making up ground in the key seven states.</p>
<p><strong>What Happened:</strong> Harris has been trending up <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat">in 2024 election polls</a> of nationally registered voters, posting her largest lead in the weekly Morning Consult poll this week in the head-to-head matchup.</p>
<p>A new poll of <a href="https://www.benzinga.com/topic/swing-states">swing state</a> voters, which covers seven key battleground states, could show a different picture.</p>
<p><strong>Here are the results from the September Emerson College swing state <a href="https://emersoncollegepolling.com/september-2024-swing-state-polls-trump-and-harris-locked-in-tight-presidential-race/">polls </a>with the results from August in parentheses:</strong></p>
<ul>
<li><strong>Arizona</strong>: Trump 49% (50%), Harris 48% (47%)</li>
<li><strong>Georgia</strong>: Trump 50% (48%), Harris 47% (49%)</li>
<li><strong>Michigan:</strong> Harris 49% (50%), Trump 47% (47%)</li>
<li><strong>Nevada:</strong> Trump 48% (48%), Harris 48% (49%)</li>
<li><strong>North Carolina</strong>: Harris 49% (48%), Trump 48% (49%)</li>
<li><strong>Pennsylvania:</strong> Trump 48% (48%), Harris 47% (48%)</li>
<li><strong>Wisconsin:</strong> Trump 49% (49%), Harris 48% (48%)</li>
</ul>
<p>The results show that Trump leads Harris in four of the seven states and is tied with the vice president in one state. Harris leads Trump in two states. Each candidate led three states in the August poll.</p>
<p>Trump gained support in one state and lost support in two states, with four states remaining the same from August. Harris gained support in two states and lost support in four states.</p>
<p>"There has been marginal movement in the presidential election since the late August Emerson swing state polls before the presidential debate," Emerson College Polling executive director <strong>Spencer Kimball</strong> said. </p>
<p><strong>Did You Know?</strong></p>
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent091924"><strong>Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</strong></a></li>
</ul>
<p><strong>Why It's Important:</strong> The seven swing states in question together represent 93 electoral votes in the 2024 election. Six of the seven states above were won by Biden in the 2020 election with Trump winning North Carolina. Several of the states were flipped from Trump's win in the 2016 election.</p>
<p>A Marist poll recently found how swing state voters in Michigan, Pennsylvania and Wisconsin would vote in the 2024 election if it were held today. The race for Pennsylvania and Wisconsin was close with Trump and Harris tied in Pennsylvania and Harris leading by one point in Wisconsin.</p>
<p>In the state of Michigan, Harris had a five-point lead over Trump.</p>
<p>The three states together represent 44 electoral votes and could prove important in the 2024 election. Trump was the first Republican presidential candidate to sweep the three states since<strong> Ronald Reagan</strong> in 1984, <a href="https://nypost.com/2024/09/19/us-news/trump-harris-neck-and-neck-among-likely-voters-in-pennsylvania-and-wisconsin-veep-up-5-in-michigan-polls/">according </a>to the New York Post. Biden won all three of the states in the 2020 election.</p>
<p>All seven swing states see voters pick the economy as the top issue ahead of the election. Immigration, threats to democracy and housing affordability are also top voter issues in swing states.</p>
<p>With less than two months until the 2024 election, the race between Harris and Trump remains close and swing states continue to be one of the most monitored polling items given their importance.</p>
<p><strong>Check This Out:</strong></p>
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent091924"><strong>Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</strong></a></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Harris In Trouble? New Swing State Poll Shows Trump Gains Ground In Key Battleground Areas For 2024 Election

<p>Jefferies  analyst Paul Zimbardo   initiates coverage on Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) with a Hold rating and announces Price Target of $70.</p>


Jefferies Initiates Coverage On Xcel Energy with Hold Rating, Announces Price Target of $70

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on Alliant Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) with a Hold rating and announces Price Target of $67.</p>


Jefferies Initiates Coverage On Alliant Energy with Hold Rating, Announces Price Target of $67

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on OGE Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGE#NYSE">OGE</a>) with a Buy rating and announces Price Target of $46.</p>


Jefferies Initiates Coverage On OGE Energy with Buy Rating, Announces Price Target of $46

<p>Jefferies  analyst Julien Dumoulin-Smith   initiates coverage on Ameren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEE#NYSE">AEE</a>) with a Buy rating and announces Price Target of $97.</p>


Jefferies Initiates Coverage On Ameren with Buy Rating, Announces Price Target of $97

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>If you are looking for explosive upside potential, it is a good idea to look at some dirt-cheap stocks under $10. There are many companies trading at bargain levels and have significant room for upside going forward as they recover and ramp up production.</p>



<p>Of course, stocks look dirt cheap on paper and are not worth buying, but I think the ones I&rsquo;ll be discussing today have significant upside potential that outweigh the downside risk. These companies also have much lower dilution than many peer companies of a similar size. As such, I think it is more likely for you to land a multibagger with these dirt-cheap stocks:</p>



<h2>SkyWater Technology (SKYT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600e-300x169.jpg" alt="semiconductor stocks Close-up electronic circuit board. technology style concept. representing semiconductor stocks. top semiconductor stocks to buy now. semiconductor stocks to sell"><div>Source: Shutterstock</div></div><p><strong>SkyWater Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/skyt-stock-quote/"><strong>SKYT</strong></a>) is a U.S.-based semiconductor foundry that specializes in manufacturing chips for a wide range of applications. I believe this company has tremendous long-term potential as the only American-owned pure-play semiconductor fab, especially given the current geopolitical landscape and the U.S. government&rsquo;s commitment to bolstering domestic chip production.</p>



<p>While SkyWater&rsquo;s <a href="https://finance.yahoo.com/news/skywater-technology-inc-skyt-reports-190618322.html">Q1 2024 results were mixed</a>, with revenue of $79.64 million missing estimates by a narrow margin, the company&rsquo;s ATS development revenue reached a record $61 million, up 28% year-over-year.</p>



<p>Analysts see a clear path to profitability for SkyWater. Analysts <a href="https://seekingalpha.com/symbol/SKYT/earnings/estimates">project EPS to skyrocket</a> by 700% between 2025 and 2027, with revenue growth expected to hit nearly 17% this year. With the likelihood of further government support, SkyWater seems poised for explosive upside in the coming years as domestic chip production takes center stage.</p>



<h2>Archer Aviation (ACHR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/achr1600-2-300x169.png" alt="Person holding cellphone with logo of American eVTOL aircraft company Archer Aviation Inc. (ACHR) on screen in front of webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Archer Aviation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a>) develops electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. I believe Archer is making impressive strides in eVTOL development that could position it as an industry leader in the coming years.</p>



<p>In Q1, Archer logged over 100 flights of its Midnight eVTOL, putting it on pace to exceed 400 flights in 2024. Midnight, with a 6,500-pound max weight and 47-foot wingspan, is designed to maximize payload and passenger comfort. The first conforming Midnight for FAA certification is on track to begin flights this year.</p>



<p>Importantly, Archer has <a href="https://www.fool.com/data-news/2024/05/12/archer-aviation-q1-earnings-still-in-ramp-up/">invested over $50 million</a> in its supply chain to ensure production can scale efficiently. It also installed a high-volume automated battery pack manufacturing line. As these upfront costs roll off, Archer&rsquo;s cash burn should decrease meaningfully as it shifts to commercial launch preparations.</p>



<p>While risks remain in this nascent industry, Archer&rsquo;s $1.1 billion cash position provides a solid runway. Analysts project Archer <a href="https://seekingalpha.com/symbol/ACHR/earnings/estimates">could generate $5 billion in revenue in 2033</a>. Trading around $3.5, ACHR looks like a bargain with explosive long-term potential if it can execute on its vision. Analysts think the same.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-4.png"><img width="1226" height="455" src="https://investorplace.com/wp-content/uploads/2024/07/chart-4.png" alt="ACHR dirt-cheap stocks upside potential"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><h2>iLearningEngines (AILE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/ai-stocks1600-7-300x169.png" alt="AI Artificial Intelligence. Businessman using AI technology for data analysis, coding computer language with digital brain, machine learning on virtual screen, business intelligence. AI stocks"><div>Source: Tapati Rinchumrus / Shutterstock.com</div></div><p><strong>iLearningEngines</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/aile-stock-quote/"><strong>AILE</strong></a>) is an AI-powered learning automation company for corporate and educational use and I think it&rsquo;s one of the most under-the-radar AI plays out there right now. In Q1 2024, <a href="https://seekingalpha.com/article/4701809-ilearningengines-strong-growth-beckoning?source=feed_all_articles">revenue surged 33% YOY to $125 million</a>, and annual recurring revenue jumped 34% to $479 million. The company reported a net loss of $25.9 million, which was driven entirely by one-time items. Excluding those, iLearningEngines actually increased its non-GAAP profitability compared to last year.</p>



<p>With over 4.7 million licensed users already, this company&rsquo;s automation solutions have massive potential. As more industries race to automate processes, iLearningEngines&rsquo; market opportunity is huge. Yes, losses are a problem at the moment, but analysts expect the company to <a href="http://seekingalpha.com/symbol/AILE/earnings/estimates">turn a profit in 2025</a> and deliver explosive growth going forward. If it can meet those long-term expectations, the stock is trading at just six times the estimated 2030 earnings. That&rsquo;s pretty cheap for an AI company whose revenue is projected to soar from $540 million this year to $1.2 billion by 2030. Keep this under-the-radar AI play on your radar.</p>



<h2>Genius Sports (GENI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/genius-sports-300x169.jpg" alt="Genius sports logo. Genius Sports is a sports data and technology company that provides data management and integrity services."><div>Source: Karolis Kavolelis / Shutterstock.com</div></div><p><strong>Genius Sports</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/geni-stock-quote/"><strong>GENI</strong></a>) provides data and technology to the sports, sports betting and media industries. I believe GENI stock still has explosive upside potential despite more than doubling over the past two years. In Q1, the company beat earnings estimates with <a href="https://www.investing.com/news/stock-market-news/earnings-call-genius-sports-beats-q1-expectations-raises-2024-guidance-93CH-3432168">23% YOY revenue growth to $120 million</a>. Management also raised full-year 2024 guidance, now expecting around $500 million in revenue.</p>



<p>The rise of live sports streaming is a major tailwind that should drive sustainable growth for years to come. Analysts are projecting revenue to increase another 21% this year and for Genius to turn profitable by 2026. With $73 million in cash, a huge market opportunity, and consistent execution, I&rsquo;m confident Genius has the runway and resources to deliver on these expectations.</p>



<p>While the stock has already rallied impressively, I think the current valuation remains muted relative to Genius&rsquo; long-term potential. If management continues beating targets and capturing share in the rapidly expanding digital sports ecosystem, GENI could certainly be a multibagger winner from here. This is an exciting under-the-radar growth story with plenty of fuel left in the tank.</p>



<h2>Vimeo (VMEO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/shutterstock_1919803319-300x169.jpg" alt="VMEO stock: A laptop on a desk displaying the Vimeo logo"><div>Source: monticello/ShutterStock.com</div></div><p><strong>Vimeo</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/vmeo-stock-quote/"><strong>VMEO</strong></a>) offers video hosting, sharing, and services. I believe Vimeo stock could have explosive upside from current levels under $5 per share. The company reported strong Q1 2024 results, with <a href="https://www.statista.com/statistics/1309584/quarterly-revenue-vimeo/">revenue growing 1.3% YOY to $104.9 million</a>, beating estimates by $4.6 million. EPS of 4 cents also exceeded expectations by 5 cents.</p>



<p>Vimeo Enterprise showed impressive momentum with major customer wins, while the self-serve segment proved resilient despite pulling back on marketing spend. Profitability is already inflecting, with Vimeo swinging from a $10 million adjusted EBITDA loss just a year ago to a $12 million profit this quarter. Margin expansion potential looks immense as Vimeo optimizes its model.</p>



<p>While Vimeo was once positioned as a distant competitor to <strong>YouTube</strong> in the crowded video streaming space, the company has smartly pivoted to focus on its unique strengths in video hosting and creation tools. As more platforms crack down on ad-blockers, Vimeo&rsquo;s ad-free model could become increasingly attractive.</p>



<p>Analysts see earnings <a href="https://seekingalpha.com/symbol/VMEO/earnings/estimates">surging from 5 cents in 2024 to nearly 60 cents in 2033</a>, but I believe the most compelling upside driver is Vimeo&rsquo;s potential as an acquisition target.</p>



<h2>Gambling.com (GAMB)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/05/istock-1423256250-1.jpg"><img width="300" height="200" src="https://investorplace.com/wp-content/uploads/2024/05/istock-1423256250-1-300x200.jpg" alt="A photo showing a man pushing a large stack of various poker chips on a poker table."></a>Businessman hands pushing gambling chips.<p><strong>Gambling.com</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/gamb-stock-quote/"><strong>GAMB</strong></a>) operates as a marketing company connecting online gambling operators with players. The company reported strong Q1 2024 results, with <a href="https://www.morningstar.com/news/business-wire/20240516637357/gamblingcom-group-reports-first-quarter-2024-results">revenue growing 9.45% YOY to $29.22 million</a>. This performance exceeded consensus estimates and was driven by robust growth across all geographic regions. The sports segment has seen explosive growth.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-5.png"><img width="1226" height="741" src="https://investorplace.com/wp-content/uploads/2024/07/chart-5.png" alt="GAMB sports segment"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>I believe Gambling.com is well-positioned to benefit from the long-term megatrends of legalized sports betting and online gambling. As more states legalize these activities and younger generations increasingly engage in online gambling, companies like Gambling.com, which acts as a bridge between players and operators, stand to gain significantly.</p>



<p>Despite the stock being down around 47% from its peak, I see substantial upside potential from current levels.</p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/09/joby1600-300x169.png" alt="Joby Aviation logo. Joby Aviation is a US company creating an electric aircraft for air taxi services."><div>Source: Iljanaresvara Studio / Shutterstock.com</div></div><p>In Q1, <strong>Joby</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a>) hit a major milestone, becoming the first eVTOL maker to have its final <a href="https://www.federalregister.gov/documents/2024/03/08/2024-04690/airworthiness-criteria-special-class-airworthiness-criteria-for-the-joby-aero-inc-model-jas4-1">airworthiness criteria published</a> in the Federal Register. The company also began submitting system-level test plans, a key part of stage 4 certification.</p>



<p>I&rsquo;m impressed by how Joby is executing on an aggressive timeline. Management reiterated their target to launch commercial service in 2025. With over $900 million of cash, Joby has the balance sheet to get there. However, I&rsquo;m putting this stock on the caboose of this list due to the amount of insider selling. The selling pressure has died down recently, but it is still a little concerning.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-6.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-6.png" alt="JOBY insider selling"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Regardless, upside potential remains immense. In addition to an initial U.S. launch, Joby is pursuing lucrative opportunities like cargo delivery for the U.S. military and air taxi service in Dubai.</p>



<p><em>On the date of publication, Omor Ibne Ehsan 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>



<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>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/07/7-dirt-cheap-stocks-under-10-with-explosive-upside-potential/">7 Dirt-Cheap Stocks Under $10 With Explosive Upside Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Dirt-Cheap Stocks Under $10 With Explosive Upside Potential

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>To use a sports analogy, innovative small-cap stocks are akin to drafting college football players or picking out compelling prospects in baseball. While these players may have performed exceptionally well in the amateur leagues, there&rsquo;s no guarantee that said performance will translate into the top tier of competition. However, when you do find the next Tom Brady or Aaron Judge, the rewards can be intense.</p>



<p>That&rsquo;s the allure of small-capitalization enterprises. They offer a lot of promise &ndash; boy do they ever! Further, because of their relatively diminutive profile, they can benefit from the law of small numbers. Basically, even minor news items could send shares flying thanks to the power of leverage and volume in a low-participation investment. Still, a darker side exists to this framework.</p>



<p>It&rsquo;s also possible that minor setbacks can send shares plunging. Also, a great deal of unpredictability exists with less-established entities. If you can handle the risk, though, few arenas offer as much upside potential. With that in mind, below are innovative small-cap stocks to consider.</p>



<h2>A10 Networks (ATEN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/aten-a10-1600-300x169.png" alt="The logo for A10 (ATEN) is seen on the side of a building."><div>Source: Michael Vi / Shutterstock.com</div></div><p>Falling under the infrastructure software space, <strong>A10 Networks</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/aten-stock-quote/"><strong>ATEN</strong></a>) provides networking solutions in several international markets. Primarily, A10 is known for its <a href="https://finance.yahoo.com/quote/ATEN/profile/">Thunder Application Delivery Controller</a>, which provides advanced server load balancing. It also provides encryption-related services along with threat management solutions. With so much data migrating to the cloud, A10 ranks among the most relevant of innovative small-cap stocks.</p>



<p>Even better, A10 is more than just a cute narrative. In the past four quarters, the company only missed once, in the fourth quarter of last year. Still, it managed to post an average earnings per share of 19 cents in the past year, beating the consensus average of 18 cents. This translated to an earnings surprise of 8.9%.</p>



<p>Another attractive point for ATEN stock is the valuation. Right now, shares trade at about 3.96X trailing-year sales. However, between Q1 2023 to Q1 2024, the average multiple stood at 4.1X. What&rsquo;s more, analysts project fiscal 2024 sales to reach $263.5 million, up 4.7% from the prior year. Also, in fiscal 2025, revenue could land at $286.14 million, up 8.6%.</p>



<h2>Zuora (ZUO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/06/zuo-stock-1600-300x169.jpg" alt="zuora logo"><div>Source: Sundry Photography / Shutterstock.com</div></div><p>Based in Redwood City, California, <strong>Zuora</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/zuo-stock-quote/"><strong>ZUO</strong></a>) is another player in the infrastructure software arena. <a href="https://finance.yahoo.com/quote/ZUO/profile/">Per its public profile</a>, Zuora provides a monetization suite for modern businesses. This set of programs helps companies launch and scale new services. As well, they facilitate dynamic customer-centric business models. With enterprises looking for an edge, Zuora offers a key advantage, making it one of the innovative small-cap stocks.</p>



<p>Despite its undersized stature, Zuora packs quite a financial punch. In the past four quarters, the company beat all its bottom-line targets. The average EPS came out to 10 cents, handily beating the average estimate of 5 cents. What&rsquo;s more, the performance translated to an earnings surprise of 102.6%. That&rsquo;s impressive.</p>



<p>Even with the strong results, ZUO stock appears relatively undervalued. Right now, shares trade hands at 2.85X trailing-year sales. However, in the past one-year period, the metric stood at 3.01X. While that&rsquo;s not exactly the biggest gap, here&rsquo;s the deal: by year&rsquo;s end, sales could rise by 5.3% to $454.58 million. That would make ZUO even more undervalued.</p>



<p>Further, by the following year, sales could pop up again to $496.38 million, up 9.2%. Thus, it makes a solid case for innovative small-cap stocks.</p>



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



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/12/money-printing-300x169.jpg" alt="2024 investment trends A close-up shot of money printing"><div>Source: Shutterstock</div></div><p>Headquartered in Miami, Florida, <strong>International Money Express</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/imxi-stock-quote/"><strong>IMXI</strong></a>) also falls under the infrastructure software ecosystem. Together with its subsidiaries, the company operates as an omnichannel money remittance services firm. It mainly serves the U.S., although its reach covers Latin America, the Caribbean, Africa and Asia. Thanks to the interconnected global economy and the movement of people, IMXI could be one of the attractive innovative small-cap stocks.</p>



<p>Now, I must admit that with the strong possibility of a second Trump administration, the movement-of-people argument could be questionable. I don&rsquo;t want to get into it &ndash; it&rsquo;s just a risk factor to note. So far, though, the performance has been solid. In the past year, International Money posted an average EPS of 50 cents. This beat out the consensus view of 48 cents.</p>



<p>Even with the risks, what may attract speculators to IMXI stock is the valuation. Right now, the market prices shares at 1.07X trailing-year revenue. However, between the first quarters of 2023 to 2024, the sales multiple stood at 1.4X.</p>



<p>Analysts believe that by year&rsquo;s end, sales could rise 4.6% to $689.05 million. Add another 8.7% in fiscal 2025 to $749.25 million and you have a compelling opportunity.</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 out of Israel, <strong>Similarweb</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/smwb-stock-quote/"><strong>SMWB</strong></a>) is an attractive software entity. <a href="https://finance.yahoo.com/quote/SMWB/profile/">Per its corporate profile</a>, Similarweb provides a cloud-based digital intelligence platform. It offers digital research intelligence solutions for its customers, enabling them to benchmark performance against rivals and market leaders. The platform also enables clients to analyze trends in their target sector.</p>



<p>Of course, in the information age, data is the new gold. Further, having access to greater datasets may lead to more productive protocols and decision making. In other words, SMWB is worth the risk for enterprises seeking a competitive advantage. Notably, in the past four quarters, Similarweb generated an average EPS of 1 cent. That&rsquo;s not much but consider that analysts were anticipating a loss per share of 2 cents.</p>



<p>Comparatively speaking, SMWB stock is also offered at a discount. Shares trade at 2.39X trailing-year sales. In the past year, this metric stood at 2.53X. Where things get spicy is in the forward projections. Analysts believe that fiscal 2024 sales could hit $244.76 million. If so, that would imply 12.3% growth from last year&rsquo;s tally of $218.02 million.</p>



<p>Fiscal 2025 could see sales of $278.3 million. Thus, SMWB makes for one of the innovative small-cap stocks.</p>



<h2>SkyWater Technology (SKYT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600c-300x169.jpg" alt="AI. Circuit board. Technology background. Central Computer Processors CPU concept. Motherboard digital chip. Tech science background. Integrated communication processor. 3D illustration representing semiconductor stocks. Semiconductors Stocks to Sell"><div>Source: Shutterstock</div></div><p>Based in Bloomington, Minnesota, <strong>SkyWater Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/skyt-stock-quote/"><strong>SKYT</strong></a>) falls under the semiconductor industry. Along with its subsidiaries, SkyWater operates as a pure-play technology foundry, engaging in semiconductor development, manufacturing and packaging service in the U.S. The last point could be critical for the entity&rsquo;s forward projection. After all, the Covid-19 crisis exposed the problems of the global semiconductor supply chain.</p>



<p>To be fair, SkyWater isn&rsquo;t a profitable enterprise. In the past four quarters, it posted a loss per share of 7 cents. That said, this figure favorably came under the expected loss per share of 11 cents. Therefore, the underlying &ldquo;earnings&rdquo; surprise came out to almost 18%. However, the focus is on the top line.</p>



<p>Enticingly, SKYT stock trades at only <a href="https://www.gurufocus.com/stock/SKYT/summary?search=skyt">1.15X trailing-year sales</a>. That&rsquo;s quite low compared to the semiconductor sector&rsquo;s average multiple of 3.33X. Also, in the past year, the metric averaged 1.62X. It&rsquo;s possible, then, that SKYT could grow into its prior valuation.</p>



<p>Analysts are seeking exactly that, with fiscal 2024 revenue expected to reach $334.56 million. If so, that would imply growth of 16.7%, making SKYT one of the innovative small-cap stocks to consider.</p>



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



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600d-300x169.jpg" alt="A man examines a digital screen with different icons for software."><div>Source: Shutterstock</div></div><p>Headquartered in El Monte, California, <strong>GigaCloud Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/gct-stock-quote/"><strong>GCT</strong></a>) operates in the software space. <a href="https://finance.yahoo.com/quote/GCT/profile/">According to the public profile</a>, GigaCloud provides end-to-end business-to-business (B2B) e-commerce solutions for large parcel merchandise in the U.S. and international markets. In particular, it offers its namesake marketplace, which integrates product discovery, payments and logistics tools under one umbrella.</p>



<p>With global commerce increasingly moving into the digital realm, GigaCloud could potentially carve out a niche segment of the market. That&rsquo;s a big reason why investors should include it on their watchlist of innovative small-cap stocks. In addition, the company has been a strong financial performer. In the past year, its average EPS hit 71 cents. In contrast, analysts were only targeting 49 cents.</p>



<p>To be fair, GCT stock does trade at a relative premium. Right now, its sales multiple clocks in at 1.56X. However, in the past year, the metric sat at 0.87X. Still, covering experts believe that sales could reach $1.09 billion by year&rsquo;s end. If so, that would imply 54.7% growth.</p>



<p>In fiscal 2025, revenue could swing up to $1.35 billion, a lift of 24.1%. Thus, investors should keep a close eye on it.</p>



<h2>indie Semiconductor (INDI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600a-300x169.jpg" alt="Close-up Presentation of a New Generation Microchip. Gloved Hand Holding Piece of Technological Wonder. Semiconductor stocks are in the news."><div>Source: Shutterstock</div></div><p>As the name suggests, <strong>indie Semiconductor</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/indi-stock-quote/"><strong>INDI</strong></a>) falls under the computer chip space. Specifically, it conducts business in the semiconductor equipment and materials arena. Interestingly, indie provides automotive chips and software solutions for advanced driver assistance systems. As well, it brings autonomous vehicle solutions, making INDI one of the most compelling innovative small-cap stocks.</p>



<p>While a completely autonomous mobility system may be years down the line, manufacturers are aggressively investing in the space. If indie could carve out a viable niche, INDI stock could easily skyrocket. Of course, the issue here is the financial risk. Not only is INDI not profitable but it posted a loss per share of 8 cents in the past year. Analysts were expecting a loss of 7 cents.</p>



<p>However, it must also be said that indie trades at 4.05X trailing-year revenue. In the past year, this metric stood at 7.22X. Could the company grow into its prior valuation? Covering experts seem to believe so, with sales projected to hit $258.19 million by year&rsquo;s end.</p>



<p>By fiscal 2025, the top line could jump to $400.76 million. That would imply 55.2% growth. It&rsquo;s a high-risk idea to keep on the watchlist.</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>
<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/2024/07/7-innovative-small-cap-stocks-with-huge-upside-potential/">7 Innovative Small-Cap Stocks With Huge Upside Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Innovative Small-Cap Stocks With Huge Upside Potential

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Fundamentally, the case for innovative <a href="https://investorplace.com/industries/technology/">tech stocks</a> to buy is quite straightforward: rational societies seek to advance in knowledge and productivity. Therefore, an incentive exists for government agencies to bolster their nations&rsquo; technological ecosystems. In doing so, collective productivity may rise, leading to an increase in overall wealth.</p>



<p>Still, that doesn&rsquo;t answer the main question: which of the individual innovative tech stocks should investors consider? For that, I&rsquo;m going to turn to a compelling technical indicator called the J-Hook.</p>



<p>Structured as a <a href="https://www.tradingview.com/chart/EURNZD/AXCYoJuP-How-To-Trade-The-J-Hook-Pattern/">four-step sequence</a> featuring an initial rally followed by a suppression of the upside. In the second go-around, the bulls drive the target equity to a new high ground. From there, the stock could continue marching forward or it could enter a consolidation phase before jumping decisively northward. In a way, it&rsquo;s putting the projectile in the cannon and waiting for the fuse to be lit.</p>



<p>Every idea listed below printed a J-Hook, according to Barchart&rsquo;s <a href="https://www.barchart.com/stocks/stocks-screener?popularScreener=120018&amp;viewName=filter_view&amp;orderBy=industry&amp;orderDir=asc&amp;page=1">nine-step qualification algorithm</a>. That makes it very compelling that you should keep close tabs on these innovative tech stocks to buy before they go flying.</p>



<h2>Daktronics (DAKT)</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>Falling under the electronic components industry, <strong>Daktronics</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/dakt-stock-quote/"><strong>DAKT</strong></a>) specializes in display systems, particularly large-screen video displays found in sports arenas. Naturally, the company also focuses on electronic scoreboards. Along with sporting venues, Daktronics main clients include providers of transportation systems and commercial advertising. As society normalizes from the Covid-19 pandemic, the push to attract new customers could lead to big gains for DAKT stock.</p>



<p>Notably, Barchart&rsquo;s J-Hook screener identified Daktronics as a potential buying opportunity. What may lead to some hesitation is that DAKT has already performed swimmingly well this year. Still, there could be even more room to run. In the past four quarters, Daktronics posted an average earnings per share of 30 cents. This figure beat the collective consensus view of 16 cents.</p>



<p>In the trailing 12 months (TTM), the company posted EPS of 74 cents on sales of $818.08 million. Looking to year&rsquo;s end, analysts believe that EPS may get wobbly, slipping to $1.06. However, revenue may rise 3.3% to $845.16 million, with the high-side estimate calling for $850.8 million. It&rsquo;s one of the innovative tech stocks to keep on your radar.</p>



<h2>LendingClub (LC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/01/lc-stock-300x169.png" alt="A building with the LendingClub (LC) name on it."><div>Source: Michael Vi / Shutterstock.com</div></div><p>Technically falling under the credit services industry, <strong>LendingClub</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/lc-stock-quote/"><strong>LC</strong></a>) ranks among a growing number of financial technology (fintech) firms. The company specializes in a peer-to-peer lending platform, which connects borrowers with investors. This business model facilitates personal loans online without having to deal with traditional financial intermediaries. It&rsquo;s a novel approach to credit services and it may catch on with Generation Z.</p>



<p>Earlier this week, LC stock pinged as one of the J-Hook candidates. It&rsquo;s not surprising given the recent blistering run. Still, the technical indicator suggests that LendingClub could run even higher. Financially, there could be a case for this optimism. In the past four quarters, the company posted EPS of 9 cents, easily beating the consensus view of 3 cents.</p>



<p>During the TTM period, LendingClub posted EPS of 34 cents on sales of $1.1 billion. By year&rsquo;s end, analysts are expecting choppy waters, with big drops anticipated in earnings and sales. However, by fiscal 2025, EPS could soar to 72 cents on revenue of $866.67 million. If so, patience could be a virtue, making LC one of the possible tech stocks to buy.</p>



<h2>Garmin (GRMN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/grmn-stock-1-300x169.jpg" alt="Garmin company logo on a storefront"><div>Source: Karolis Kavolelis / Shutterstock.com</div></div><p>A specialist in the scientific and technical instruments industry, <strong>Garmin</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/grmn-stock-quote/"><strong>GRMN</strong></a>) is best known for pioneering GPS navigation and wearable tech products. Over the years, the company has expanded its portfolio to include solutions for the automotive, aviation, marine, outdoor and fitness markets. One of its key attributes is its integrated ecosystems, which combine attributes such as GPS, health monitoring and fitness tracking.</p>



<p>Garmin has absolutely been on the move recently, making it one of the tech stocks to buy. As with the other ideas, natural hesitation exists because GRMN has gone up so much this year. Still, if you look at the financials, that alone may assuage some of these concerns. In the past four quarters, Garmin posted an average EPS of $1.50. This handily beat the collective consensus view of $1.28.</p>



<p>During the TTM period, Garmin posted EPS of $7.09 on sales of $5.46 billion. For fiscal 2024, the consensus target happens to be $5.68, above last year&rsquo;s print of $5.59. On the top line, experts seek $5.86 billion in sales, an increase of 12%. These numbers seem doable given the popularity of wearable tech.</p>



<h2>Cognex (CGNX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/09/shutterstock_1463050370-300x169.jpg" alt="CGNX stock website homepage. Cognex Corporation logo visible on display screen."><div>Source: Pavel Kapysh / Shutterstock</div></div><p>Another player in the scientific and technical instruments space, <strong>Cognex</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/cgnx-stock-quote/"><strong>CGNX</strong></a>) provides machine vision products. These systems capture and analyze visual information for the purposes of manufacturing automation task distribution. As you can imagine, the company&rsquo;s products play a key role in logistics. Further, by utilizing artificial intelligence and deep learning, Cognex ranks as a relevant candidate for compelling tech stocks.</p>



<p>CGNX has been a solid performer this year. However, things really started to heat up several days ago. That might lead to fears of bag holding. However, Barchart&rsquo;s J-Hook indicator suggests that the ride to the top hasn&rsquo;t yet finished. On the financial side, the numbers are intriguing. In the past four quarters, Cognex posted an average EPS of 18 cents. This tally beat the collective consensus view of 15 cents.</p>



<p>In the TTM period, Cognex posted EPS of 57 cents on sales of $847.22 million. For fiscal 2024, experts are looking for EPS of 75 cents, a 2.74% bump from last year. On the top line, sales may rise 11.7% to $935.41 million. In the following year, both earnings and sales could see another significant improvement to $1.15 per share on $1.07 billion.</p>



<h2>SkyWater Technology (SKYT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600c-300x169.jpg" alt="AI. Circuit board. Technology background. Central Computer Processors CPU concept. Motherboard digital chip. Tech science background. Integrated communication processor. 3D illustration representing semiconductor stocks. Semiconductors Stocks to Sell"><div>Source: Shutterstock</div></div><p>Operating in the semiconductor industry, <strong>SkyWater Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/skyt-stock-quote/"><strong>SKYT</strong></a>) operates as a pure-play technology foundry. It engages in the provision of semiconductor development, manufacturing and packaging services. With demand for the latest chips increasing across multiple industries, SkyWater could see its sales rise. As well, it can potentially help rectify concerns tied to the global semiconductor supply chain.</p>



<p>Unlike other tech stocks on this list, SkyWater&rsquo;s market performance this year hasn&rsquo;t been impressive. Nevertheless, SKYT stock pinged as a J-Hook candidate due to its recent rally. Financially, it&rsquo;s not unjustified. It&rsquo;s true that SkyWater isn&rsquo;t profitable. However, its loss per share in the past four quarters amounted to 7 cents. In contrast, experts anticipated 11 cents in red ink.</p>



<p>During the TTM period, SkyWater posted a net loss of $32.21 million. However, revenue came in at $300.22 million. Also, the latest quarterly growth rate (year-over-year) stood at 20.5%. For fiscal 2024, analysts anticipate that the top line could rise to $334.56 million. If so, that would imply a 16.7% growth rate from last year.</p>



<h2>Applied Optoelectronics (AAOI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/tech-stocks-1600-300x169.png" alt="A hexagonal grid with different tech-related icons; Tech stocks illustration. Best Tech stocks. tech stocks trading at bargain prices"><div>Source: whiteMocca / Shutterstock</div></div><p>Conducting business in the communication equipment industry, <strong>Applied Optoelectronics</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/aaoi-stock-quote/"><strong>AAOI</strong></a>) designs, manufactures and sells fiber-optic networking products mainly in the U.S. It also conducts operations in Taiwan and China. Fundamentally, its mainline solutions are used in data centers and broadband access networks. Given the rise of these sectors, AAOI presents an intriguing idea for tech stocks to buy.</p>



<p>Financially, it must be stated that Applied carries a higher-risk profile. Like SkyWater Technology above, Applied isn&rsquo;t consistently profitable. In the past four quarters, it produced a loss per share of 13 cents. However, this came under the expert consensus view of 16 cents. Therefore, the &ldquo;earnings&rdquo; surprise hit 6.03%.</p>



<p>In the TTM period, the company incurred a net loss of $62.93 million. Revenue reached $205.29 million, though the trend has been declining. Still, analysts expect a recovery trek over the next two years. Sales in 2024 could hit $260.68 million, up 19.8% from 2023&rsquo;s result of $217.65 million. In 2025, revenue could soar to $437.15 million, up nearly 68%. Therefore, it&rsquo;s one of the tech stocks to watch.</p>



<h2>Robinhood (HOOD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/robinhood-wallet-fintech-300x169.png" alt="hood stock: An image of a wallet with a coin in it, a cellphone on top depicting Robinhood logo. Robinhood crypto"><div>Source: salarko/Shutterstock</div></div><p>I&rsquo;ve been talking about financial technology (fintech) firm <strong>Robinhood</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/hood-stock-quote/"><strong>HOOD</strong></a>) lately under different angles. Mainly, the company could present a long-term opportunity. Retail investors are still interested in both the equity and cryptocurrency markets. Robinhood&rsquo;s gamified trading app resonates with young people. The platform is fun and convenient, allowing for organic wealth creation.</p>



<p>HOOD stock may also be relatively undervalued. Right now, shares trade hands at 1.99X trailing-year sales. It wasn&rsquo;t that long ago &ndash; the fourth quarter of last year &ndash; when HOOD averaged a price-to-sales ratio of 2.64X. in other words, the company has ample room to grow into its prior valuation. Combined with the fundamentals, that very well could happen.</p>



<p>Also, it&rsquo;s worth pointing out that, yes, HOOD stock pinged as a J-Hook candidate. If the implications of this technical pattern hold true, shares may be poised for significant growth. In terms of projections, analysts believe that Robinhood can post EPS of 53 cents by year&rsquo;s end. Last year, the metric sat at 61 cents below parity.</p>



<p>On the top line, sales could shoot northward to $2.45 billion, up 31.3%. Even though it&rsquo;s been booming, HOOD appears to be one of the tech stocks to buy now.</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>
<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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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
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<p>The post <a href="https://investorplace.com/2024/07/7-innovative-tech-stocks-to-buy-before-its-too-late/">7 Innovative Tech Stocks to Buy Before It&#8217;s Too Late</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Innovative Tech Stocks to Buy Before It's Too Late

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on SkyWater Technology (SKYT – Research Report). The company'...

Craig-Hallum Sticks to Their Buy Rating for SkyWater Technology (SKYT)

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SkyWater Technology (SKYT) Forecast

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