Últimas noticias sobre Mynaric (NASDAQ:MYNA) Bolsa

Mynaric

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.

Mynaric AG

<h3>Gainers</h3>
<ul>
<li>Thunder Power Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIEV#NASDAQ">AIEV</a>) stock increased by 15.6% to $0.55 during Wednesday's after-market session. The company's market cap stands at $38.6 million. </li>
<li>Jowell Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JWEL#NASDAQ">JWEL</a>) shares increased by 11.16% to $2.27. The company's market cap stands at $4.9 million. </li>
<li>Kaixin Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) stock increased by 9.55% to $0.37. The market value of their outstanding shares is at $22.3 million. </li>
<li>AYRO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AYRO#NASDAQ">AYRO</a>) shares moved upwards by 4.99% to $0.86. The company's market cap stands at $5.9 million. </li>
<li>Lovesac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#NASDAQ">LOVE</a>) shares increased by 4.98% to $27.57. The market value of their outstanding shares is at $428.9 million. </li>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) shares moved upwards by 4.91% to $0.58. The market value of their outstanding shares is at $24.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Levi Strauss (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) shares fell 7.0% to $19.58 during Wednesday's after-market session. The company's market cap stands at $7.7 billion. As per the news, the Q3 earnings report came out today. </li>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) stock decreased by 3.81% to $1.01. The market value of their outstanding shares is at $8.6 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares fell 3.81% to $1.01. The market value of their outstanding shares is at $57.0 million. </li>
<li>Genius Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GNS#AMEX">GNS</a>) shares fell 3.73% to $0.9. The market value of their outstanding shares is at $19.5 million. </li>
<li>Life Time Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTH#NYSE">LTH</a>) shares decreased by 3.42% to $23.2. The market value of their outstanding shares is at $4.7 billion. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) shares fell 2.44% to $0.08. The company's market cap stands at $2.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Carmell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTCX#NASDAQ">CTCX</a>) stock rose 31.0% to $0.46 during Wednesday's after-market session. The company's market cap stands at $9.6 million. </li>
<li>Processa Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCSA#NASDAQ">PCSA</a>) shares rose 30.07% to $1.73. The market value of their outstanding shares is at $5.6 million. </li>
<li>China Pharma Holdings, Inc. Common Stock (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CPHI#AMEX">CPHI</a>) stock rose 8.83% to $0.28. </li>
<li>Eagle Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGRX#NASDAQ">EGRX</a>) shares increased by 7.94% to $2.31. The market value of their outstanding shares is at $29.9 million. </li>
<li>Bone Biologics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBLG#NASDAQ">BBLG</a>) stock moved upwards by 7.89% to $1.64. The company's market cap stands at $2.9 million. </li>
<li>Conduit Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDT#NASDAQ">CDT</a>) shares increased by 7.36% to $0.1. The market value of their outstanding shares is at $9.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Soligenix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) stock declined by 8.6% to $4.45 during Wednesday's after-market session. The company's market cap stands at $10.1 million. </li>
<li>Inspire Veterinary (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVP#NASDAQ">IVP</a>) shares fell 6.34% to $0.28. The company's market cap stands at $2.1 million. </li>
<li>Kairos Pharma (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KAPA#AMEX">KAPA</a>) stock decreased by 5.3% to $1.25. The company's market cap stands at $16.0 million. </li>
<li>Gossamer Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOSS#NASDAQ">GOSS</a>) stock declined by 4.77% to $1.0. The market value of their outstanding shares is at $226.2 million. </li>
<li>Fractyl Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GUTS#NASDAQ">GUTS</a>) shares fell 4.75% to $2.21. The market value of their outstanding shares is at $105.9 million. </li>
<li>TNF Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNFA#NASDAQ">TNFA</a>) shares fell 4.66% to $1.64. The market value of their outstanding shares is at $3.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Wednesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) stock moved upwards by 15.0% to $0.24 during Wednesday's after-market session. The market value of their outstanding shares is at $12.1 million. </li>
<li>Lucas GC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCL#NASDAQ">LGCL</a>) stock rose 3.96% to $1.05. The company's market cap stands at $83.5 million. </li>
<li>VCI Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) stock increased by 3.94% to $0.14. The market value of their outstanding shares is at $20.4 million. </li>
<li>Hyperscale Data (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GPUS#AMEX">GPUS</a>) shares increased by 3.63% to $0.23. The company's market cap stands at $8.7 million. </li>
<li>AgEagle Aerial Sys (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) shares rose 3.39% to $0.14. The market value of their outstanding shares is at $2.0 million. </li>
<li>Castor Maritime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTRM#NASDAQ">CTRM</a>) shares moved upwards by 2.93% to $4.43. The market value of their outstanding shares is at $42.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Nixxy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIXX#NASDAQ">NIXX</a>) shares declined by 9.5% to $2.1 during Wednesday's after-market session. The market value of their outstanding shares is at $8.4 million. </li>
<li>Professional Diversity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPDN#NASDAQ">IPDN</a>) stock decreased by 8.81% to $0.67. The market value of their outstanding shares is at $8.5 million. </li>
<li>XCHG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) shares declined by 8.68% to $13.26. The company's market cap stands at $786.6 million. </li>
<li>Polar Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POLA#NASDAQ">POLA</a>) stock decreased by 5.0% to $0.49. The market value of their outstanding shares is at $8.6 million. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) stock decreased by 4.77% to $1.6. The market value of their outstanding shares is at $20.5 million. </li>
<li>Singularity Future Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGLY#NASDAQ">SGLY</a>) stock declined by 4.57% to $1.67. The company's market cap stands at $5.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Wednesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>AMTD Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) shares increased by 33.6% to $5.22 during Wednesday's after-market session. The market value of their outstanding shares is at $1.0 billion. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock moved upwards by 11.06% to $1.6. The company's market cap stands at $18.5 million. </li>
<li>Evolv Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) stock rose 7.69% to $4.2. The market value of their outstanding shares is at $661.7 million. </li>
<li>Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) stock rose 6.15% to $0.77. The company's market cap stands at $13.9 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>Iveda Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVDA#NASDAQ">IVDA</a>) shares moved upwards by 4.34% to $1.68. The market value of their outstanding shares is at $3.7 million. </li>
<li>Yxt.Com Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YXT#NASDAQ">YXT</a>) stock moved upwards by 4.0% to $2.6. The market value of their outstanding shares is at $156.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Infobird Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFBD#NASDAQ">IFBD</a>) shares decreased by 4.2% to $2.06 during Wednesday's after-market session. The market value of their outstanding shares is at $4.0 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares fell 3.75% to $0.38. The market value of their outstanding shares is at $5.6 million. </li>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares fell 3.54% to $0.74. The company's market cap stands at $147.3 million. </li>
<li>Intchains Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICG#NASDAQ">ICG</a>) shares decreased by 3.02% to $4.5. The company's market cap stands at $270.0 million. </li>
<li>Netgear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares decreased by 2.79% to $19.25. The market value of their outstanding shares is at $559.5 million. </li>
<li>BTCS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCS#NASDAQ">BTCS</a>) stock declined by 2.59% to $1.13. The company's market cap stands at $18.2 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Wednesday's After-Market Session

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Spero Therapeutics shares are trading higher after the company announced the publication of data from its Phase 1 clinical trial, which assessed the intrapulmonary pharmacokinetics of SPR719.

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Ollie&#39;s Bargain Outlet Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olli#NASDAQ">OLLI</a>) is set to enhance its retail footprint following the acquisition of seven former Big Lots store leases won through a recent bankruptcy auction. This acquisition comes as part of the ongoing restructuring efforts of Big Lots, which included the closure of 143 stores.
<h2>Details of OLLI&#39;s Acquisition of 7 Big Lots&#39; Stores</h2>
Of the seven stores, Ollie&#39;s Bargain has received the final clearance and approval for six stores from the United States Bankruptcy Court for the District of Delaware. The seventh store is expected to receive the necessary approvals soon.
What makes these stores an ideal choice is that these have the required size, situated in prime trade areas and align with OLLI&#39;s commitment to serving value-oriented customers. Not only this but these stores also are located in the Midwest, a region where OLLI sees significant growth potential and has opened a new distribution center.
Similar to the 99 Cent Only stores&#39; acquisition, OLLI&#39;s primary focus is on opening the acquired Big Lots stores while adjusting the schedule for other planned store openings in its pipeline to optimize productivity and reduce pre-opening costs. For fiscal 2024, the company anticipates 50 new stores and two planned closures.
Ollie&#39;s Bargain&#39;s acquisition of former Big Lots stores signifies a strategic growth initiative within the competitive retail landscape. Currently, OLLI operates 541 stores across 31 states. The company&#39;s long-term plan is to operate 1300 stores across the United States.
<h2>What More Should Investors Know About OLLI?</h2>
Ollie&#39;s Bargain business model of &quot;buying cheap and selling cheap&quot;, cost-containment efforts, focus on store productivity and expansion of customer reward program and Ollie&#39;s Army reinforce its position in the industry. Ollie&#39;s Army continues to be a significant sales driver in the second quarter of fiscal 2024 with the increasing membership. The company ended the quarter with 14.5 million active Ollie&#39;s Army members, which accounted for more than 80% of sales. Collectively, these initiatives position the company for sustained growth.
OLLI delivered a strong performance in the second quarter. It emphasizes value-driven merchandise assortments, which allowed the company to seize market opportunities and meet consumer demand effectively. Comparable store sales rose 5.8% in the quarter, driven by growth in transactions and basket size. Ollie&#39;s Bargain has now achieved nine consecutive quarters of comparable store sales growth.
The improved business performance prompted management to lift its fiscal 2024 view. OLLI now expects net sales in the range of $2.276-$2.291 billion compared with $2.257-$2.277 billion stated earlier. Ollie&#39;s Bargain now anticipates comparable store sales to rise in the band of 2.7-3.2% compared with 1.5-2.3% previously stated. The company has revised adjusted EPS to be in the band of $3.22-$3.30, up from the earlier estimated range of $3.18-$3.28.
<h2>How is the Zacks Consensus Estimate Faring for OLLI?</h2>
Reflecting the positive sentiment around OLLI, the Zacks Consensus Estimate for EPS has seen upward revisions. In the past 60 days, analysts have increased their estimates for the current and next fiscal year by 0.3% to $3.28 and 1.1% to $3.72 per share, respectively. These estimates indicate expected year-over-year growth of 12.7% and 13.4%, respectively.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/75/80055.jpg?v=1028948304" />
Image Source: Zacks Investment Research
<h2>Does OLLI Stock Look Attractive?</h2>
In the past six months, OLLI&#39;s shares have gained 38.5%, outpacing the industry and the S&amp;P 500&#39;s growth of 6.8% and 9.9%, respectively.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/da/80057.jpg?v=2118532209" />
Image Source: Zacks Investment Research
OLLI stock has been a strong performer, but its valuation remains a topic of debate. Currently, the stock trades at a premium relative to the industry, with a price-to-earnings ratio indicating that its growth potential may already be factored into price.
OLLI&#39;s forward 12-month price-to-earnings ratio stands at 26.7X, higher than the industry&#39;s ratio of 18.6X. This suggests that investors are paying a premium compared with the company&#39;s expected earnings growth. OLLI has a Value Score of D.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/70/80056.jpg?v=1422364156" />
Image Source: Zacks Investment Research
<h2>How to Play OLLI Stock?</h2>
Ollie&#39;s Bargain is well-positioned to enhance its market presence, drive sales and deliver value to its customers, leading to improved financial performance in the coming quarters. Investors with a long-term horizon may stay invested in this Zacks Rank #3 (Hold) stock but potential investors should look for a better entry point, given its higher valuation.
<h2>Stocks to Consider</h2>
Here, we have highlighted three better-ranked stocks, namely Sprouts Farmers Market, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfm#NASDAQ">SFM</a>), Burlington Stores, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/burl#NYSE">BURL</a>) and Chewy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chwy#NYSE">CHWY</a>), currently carrying a Zacks Rank # 2 (Buy) each.
Sprouts Farmers engages in the retailing of fresh, natural and organic food products under the Sprouts brand in the United States. SFM has a trailing four-quarter earnings surprise of nearly 12%, on average.
The Zacks Consensus Estimate for Sprouts Farmers&#39; current-fiscal year&#39;s sales and earnings indicates growth of 9.6% and 18.7%, respectively, from the year-ago reported numbers.
Burlington Stores operates as a retailer of branded merchandise in the United States. BURL has a trailing four-quarter earnings surprise of 18.4%, on average.
The Zacks Consensus Estimate for Burlington Stores&#39; current-financial year&#39;s sales and earnings implies a rise of 10.1% and 30.5%, respectively, from the year-earlier reported figures.
Chewy engages in the pure-play e-commerce business in the United States. CHWY has a trailing four-quarter earnings surprise of 50.9%, on average.
The Zacks Consensus Estimate for Chewy&#39;s current-financial year&#39;s sales and earnings indicates an increase of 5.7% and 65.2%, respectively, from the year-ago reported numbers.
<a href="https://www.zacks.com/stock/news/2344979/olli-expands-with-7-big-lots-stores-what-more-should-investors-know?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2344979">To read this article on Zacks.com click here.</a>

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OLLI Expands With 7 Big Lots Stores: What More Should Investors Know?

<a href="https://x.com/allyversprille/status/1841574905470386647" title="https://x.com/allyversprille/status/1841574905470386647">https://x.com/allyversprille/status/1841574905470386647</a>

Bloomberg Reporter Post On X, " FAA has concluded its review of United Airlines which followed a spate of safety incidents at the carrier earlier this year. The review didn't identify "any significant safety issues," the regulator said in a statement to Bloomberg.'

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<h3>GAINERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/CURR">Currenc Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURR#NASDAQ">CURR</a>) shares closed up 19.07% at $2.49</li>
<li><a href="https://www.benzinga.com/quote/FUAPF">Global Compliance</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FUAPF#OTC">FUAPF</a>) shares closed up 12.24% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/KAYS">Kaya Holdings</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KAYS#OTC">KAYS</a>) shares closed up 10.75% at $0.04</li>
<li><a href="https://www.benzinga.com/quote/TGIFF">1933 Industries</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGIFF#OTC">TGIFF</a>) shares closed up 5.70% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/CRBP">Corbus Pharmaceuticals</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBP#NASDAQ">CRBP</a>) shares closed up 4.58% at $20.11</li>
<li><a href="https://www.benzinga.com/quote/CARA">Cara Therapeutics</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARA#NASDAQ">CARA</a>) shares closed up 4.53% at $0.29</li>
<li><a href="https://www.benzinga.com/quote/SOL">Emeren Group</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) shares closed up 3.11% at $2.83</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://www.benzinga.com/quote/LMLLF">Pharmadrug</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LMLLF#OTC">LMLLF</a>) shares closed down 36.87% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/CBDY">Target Group</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CBDY#OTC">CBDY</a>) shares closed down 17.24% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/ELLXF">Elixinol Wellness</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ELLXF#OTC">ELLXF</a>) shares closed down 16.13% at $0.00</li>
<li><a href="https://www.benzinga.com/quote/CNBX">CNBX Pharmaceuticals</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CNBX#OTC">CNBX</a>) shares closed down 6.53% at $0.01</li>
<li><a href="https://www.benzinga.com/quote/XXII">22nd Century Group</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares closed down 4.89% at $0.17</li>
<li><a href="https://www.benzinga.com/quote/OILFF">Nextleaf Solutions</a> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OILFF#OTC">OILFF</a>) shares closed down 4.68% at $0.06</li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Cannabis Stock Movers For October 2, 2024

Asset Sales

Levi Strauss Begins Strategic Review For Dockers Brand, Exploring Potential Sale Or Other Strategic Transactions; Bank Of America Retained As Financial Advisor; No Set Deadline Or Guarantee Of Any Outcome

Momentum and value investing are two distinct investment approaches with their own strengths and risks. While momentum investing relies on following existing price trends, value investing focuses on identifying undervalued shares before a market correction. Read on to learn more about the differences between these two strategies &mdash; and which might be best for you.&nbsp;
<h2>What Is Momentum Investing?</h2>
Momentum investing is a strategy where investors buy stocks or other assets that have shown an upward price trend and sell those that are falling. The idea is that assets that have performed well in the recent past will continue to perform well in the near future, while underperforming assets will continue to decline. This strategy is based on the belief that trends in asset prices tend to persist over time due to investor behavior, market psychology, and sometimes economic factors. Investors typically cut losses quickly and secure profits early to avoid sharp market reversals.
<h3>Key Traits of Momentum Investing</h3>
&nbsp;To identify and capitalize on price trends, momentum investors will typically:
<ul>
<li>
Focus on Price Trends
</li>
<li>
Have Short- to Medium-Term Holding Periods
</li>
<li>
Emphasize Relative Strength
</li>
<li>
Use Technical Analysis
</li>
<li>
Monitor Trading Volume
</li>
<li>
Employ Strong Risk Management
</li>
<li>
High Portfolio Turnover
</li>
</ul>
<h2>What is Value Investing?</h2>
Value investing is a more conservative strategy that involves evaluating a company&#39;s financial and long-term health. Value investors identify undervalued companies and buy shares at a reduced price, hoping the market will eventually correct the mispricing and recognize the asset&#39;s true worth.
<h3>Key Traits of Value Investing</h3>
Instead of following trends like momentum investors, value investors will typically:
<ul>
<li>
Seek Undervalued Assets
</li>
<li>
Maintain a Long-Term Investment Horizon
</li>
<li>
Rely on Fundamental Analysis
</li>
<li>
Prioritize a Margin of Safety
</li>
<li>
Exercise Patience and Discipline
</li>
<li>
Favor Stable, Established Companies
</li>
<li>
Adopt a Risk-Averse Approach
</li>
</ul>
<h2>Differences Between Momentum and Value Investing</h2>
Momentum and value investing offer contrasting approaches to the stock market, each with unique characteristics suited to different investors and market conditions.
<h3>Investment Philosophy</h3>
The core difference between momentum and value investing lies in their investment philosophy.
Momentum investing is based on the belief that trends will continue. Investors buy assets that are rising in price and sell those that are falling, aiming to profit from the continuation of these trends. It is driven by market psychology and the assumption that upward or downward momentum will continue due to investor behavior and herd mentality.
Value investing, by contrast, is built on the principle that the market sometimes misprices stocks. Value investors believe that over time, the market will correct these mispricings, and the stock&#39;s price will rise to reflect its true intrinsic value. This approach is rooted in patience and the idea that sound fundamentals will eventually prevail over market noise.
<h3>Time Horizon</h3>
Momentum investors will typically hold stocks for weeks or months, looking to capitalize on quick price movements before the trend reverses. They focus on taking advantage of short-term market conditions and frequently adjust their portfolios to respond to new trends.&nbsp;
Value investing, on the other hand, has a much longer time horizon. Value investors are willing to wait years for the market to recognize a company&#39;s true value. Their goal is not to chase quick gains but to hold quality stocks that will appreciate slowly and steadily over time, benefiting from both price correction and long-term growth.
<h3>Analysis Type</h3>
Momentum investing relies heavily on technical analysis, which involves studying price charts, market trends, and trading volume. Momentum traders use indicators like moving averages, relative strength indexes (RSI), and other technical tools to identify entry and exit points. Their focus is more on price patterns and historical data than on the financial health of a company.
Value investing focuses on long-term potential rather than short-term price action. Value investors perform fundamental analysis on a company by examining its earnings, book value, cash flow, and debt. They compare the company&#39;s intrinsic value to its market price to identify if it is undervalued.
<h3>Risk Level</h3>
Due to its reliance on short-term price movements, momentum investing is generally considered a high-risk strategy.&nbsp;Since trends can reverse quickly, momentum traders face the risk of sharp downturns and rapid losses if they fail to exit positions in time. Moreover, because momentum is largely influenced by market sentiment and investor behavior, it can be unpredictable and volatile.
Value investing tends to be lower risk because it focuses on finding discounted stocks that are fundamentally sound. By buying stocks at a discount to their intrinsic value, value investors create a &quot;margin of safety&quot; which can protect against downside risk. Although value stocks may take longer to appreciate, they are generally viewed as more stable and less susceptible to extreme volatility than momentum-driven stocks.
<h3>Market Behavior</h3>
Whether the market is bullish or bearish, as long as clear trends are established, momentum investors can profit. They rely on the assumption that prices will continue to move in their current direction, making this strategy particularly effective during periods of significant market momentum and sentiment-driven trading.
Value investors, by contrast, often succeed in markets with mispricings, especially during downturns or corrections when stocks may be temporarily undervalued. In volatile or bear markets, value investors may find more opportunities as others sell stocks that are temporarily out of favor.
<h3>Source of Returns</h3>
Momentum investors seek to profit from market timing, buying stocks that are on the rise and selling them before the trend reverses. They rely on quick shifts in stock prices and can often experience rapid gains (or losses) over short periods.
By purchasing stocks at a discount to their intrinsic value, value investors profit when the stock price rises to reflect its true worth. In addition, value stocks often pay dividends, providing another steady source of income over the long term.
<h2>Momentum vs. Value Investing: Which Is Better?</h2>
Neither strategy is inherently better than the other; each has its advantages depending on market conditions and individual investor preferences. Value investing appeals to those with a long-term, conservative approach. It is also a more forgiving strategy for beginner or less active investors since the longer general time frame allows prices to rebound before major goals like retirement. Momentum investing is more suited to those comfortable with higher risk and short-term market movements. While this strategy is riskier compared to value investing, momentum investors may be able to take profits more quickly &mdash; ideal if you&#39;re investing for a shorter-term goal, like buying a new car.&nbsp;
As always, consider your risk tolerance, investment time frame, and goals when choosing the right strategy for you. Consulting a financial advisor may also help you determine which method aligns with your objectives.
The article &quot;<a href="https://www.marketbeat.com/learn/momentum-vs-value-investing/">Momentum vs. Value Investing: What&#39;s the Difference?</a>&quot; first appeared on MarketBeat.

Education

Personal Finance

Momentum vs. Value Investing: What's the Difference?

SYNX

Silynxcom H1 2024 Revenue $5.35M

Processa Pharmaceuticals shares are trading higher after the company announced the dosing of its first patient for the Phase 2 trial of NGC-Cap.

GMED

Globus Medical Launches New Orthopedic Trauma Solutions Including TENSOR Suture Button, ANTHEM II Distal Radius Volar Plates, And AUTOBAHN Trochanteric Nail PRO Instruments

Arcosa, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aca#NYSE">ACA</a>) recently acquired the construction materials business of Stavola Holding Corporation and its affiliated entities (Stavola) for $1.2 billion.
This apart, ACA completed the previously announced sale of its steel components business on Aug. 16, 2024.
<h2>Buyout Synergies</h2>
The acquisition was funded with a $600 million 6.875% Senior Note issuance (due 2032), which closed on Aug. 26, 2024, and a pre-payable $700 million variable-rate senior secured Term Loan B Facility (due 2031), which was funded concurrently with the closing of the transaction. Excess cash proceeds will be used to pay down borrowings on the company&#39;s revolving credit facility.
For third-quarter 2024, the company expects adjusted EBITDA to be within $1-$1.5 million loss, reflecting a partial period of ownership that was impacted by the deferral of certain product shipments and business interruption from actions necessary to complete the divestiture process. Moreover, Arcosa plans to update its 2024 revenue and adjusted EBITDA guidance for the completion of these transactions at third-quarter earnings release.
The company anticipates deploying strong free cash flow to return to its net leverage target of 2.0-2.5X within 18 months.
<h2>About Stavola</h2>
Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company. It primarily serves the New York-New Jersey Metropolitan Statistical Area&nbsp;through its network of five hard rock natural aggregates quarries, 12 asphalt plants and three recycled aggregates sites.
In the past 12 months (ended June 30, 2024), Stavola generated revenues of $283 million and adjusted EBITDA of $100 million, representing an adjusted EBITDA margin of 35%. Of the total adjusted EBITDA, 56% was contributed by the aggregates business. This is expected to create tax benefits attributable to Arcosa with a net present value of nearly $125 million.
Antonio Carrillo, president and chief executive officer of ACA, stated, &quot;These transactions significantly advance our strategy of growing in attractive markets while reducing the cyclicality and complexity of our overall portfolio. Stavola underscores our aggregates-led acquisition strategy, expanding our platform into the nation&#39;s largest MSA with industry-leading financial attributes.&quot;
<h2>ACA&#39;s Stock Performance</h2>
Shares of this Zacks Rank #3 (Hold) company have soared 11.6% in the past six months compared with the Zacks Building Products - Miscellaneous industry&#39;s 6.6% growth. Solid contributions from its Construction Products and Engineered Structures segments boosted growth. A boost in infrastructural and public construction spending, along with a renewable energy drive, should improve Arcosa&#39;s growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/17/80058.jpg?v=925353102" />
Image Source: Zacks Investment Research
Arcosa strategically pursued two acquisitions in the first half of 2024, significantly bolstering its performance. In August, the company entered into a deal with an affiliate of Stellex Capital Management, a middle-market private equity firm, to sell its McConway &amp; Torley and Standard Forged Products businesses.
These inorganic moves align with Arcosa&#39;s long-term growth strategy, aiming to capitalize on opportunities in key markets and sectors. As the company continues to integrate these acquisitions, it anticipates further synergies and operational efficiencies, thus driving value for shareholders.
In a nutshell, Arcosa&#39;s strategic acquisitions have positioned it for sustained growth and market leadership in the construction products sector, underscoring its commitment to delivering innovative solutions and creating value for stakeholders.
<h2>Key Picks</h2>
Latham Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swim#NASDAQ">SWIM</a>): Based in Latham, NY, the company stands as the leading designer, manufacturer and marketer of in-ground residential swimming pools and pool accessories. It presently sports a Zacks Rank #1 (Strong Buy).
SWIM has seen an upward estimate revision for 2024 earnings per share to 13 cents from break-even over the past 60 days. The estimated figure indicates 750% year-over-year growth.
Armstrong World Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/awi#NYSE">AWI</a>): Based in Lancaster, PA, Armstrong World is a leading global manufacturer of ceiling systems primarily for commercial, institutional and residential building construction and renovation. It presently carries a Zacks Rank #2 (Buy).
AWI has seen an upward estimate revision for 2024 EPS to $6.07 from $6.02 over the past 60 days. The estimated figure indicates 14.1% year-over-year growth.
Frontdoor, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ftdr#NASDAQ">FTDR</a>): Based in Memphis, TN, this company provides home warranties in the United States. It presently carries a Zacks Rank of 2.
FTDR has seen an upward estimate revision for 2024 EPS to $2.79 from $2.64 over the past 60 days. The estimated figure indicates 21.3% year-over-year growth.
<a href="https://www.zacks.com/stock/news/2344956/arcosa-acquires-stavola-for-1-2b-divests-steel-components-business?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2344956">To read this article on Zacks.com click here.</a>

Guidance

Small Cap

FTDR

SWIM

Arcosa Acquires Stavola for $1.2B, Divests Steel Components Business

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">and individual tickers.</a>
Here is a look at the most-searched stocks on Benzinga Pro for September 2024. Current prices and year-to-date performance are based on Sept. 30 and do not include dividends.
1. NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
<ol></ol>
<ol></ol>
<ol></ol>
<ol></ol>
<ul>
<li>Current Price: $121.44</li>
<li>52-Week Range: $39.23 to $140.76</li>
<li>Year-to-Date Return: +152.1%</li>
<li><a href="https://www.benzinga.com/top-stories/24/07/39579249/exclusive-top-10-most-searched-tickers-on-benzinga-pro-in-june-where-do-nvidia-gamestop-tesla-apple">June</a>/<a href="https://www.benzinga.com/top-stories/24/08/40119459/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-july-2024-where-do-tesla-nvidia-apple-crow">July</a>/<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40691773/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-august-2024-where-do-tesla-n">August </a>Ranking: 1st/2nd/1st</li>
</ul>
2. SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)
<ul>
<li>Current Price: $573.76</li>
<li>52-Week Range: $409.22 to $574.71</li>
<li>Year-to-Date Return: +21.4%</li>
<li>June/July/August Ranking: 3rd/3rd/2nd</li>
</ul>
3. Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
<ul>
<li>Current Price: $261.63</li>
<li>52-Week Range: $138.80 to $271.00</li>
<li>Year-to-Date Return: +5.3%</li>
<li>June/July/August Ranking: 4th/1st/3rd</li>
</ul>
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent100224">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
4. Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
<ul>
<li>Current Price: $233.00</li>
<li>52-Week Range: $164.08 to $237.23</li>
<li>Year-to-Date Return: +25.5%</li>
<li>June/July/August Ranking: 5th/7th/6th</li>
</ul>
5. Wheeler Real Estate Investment Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLR#NASDAQ">WHLR</a>)
<ul>
<li>Current Price: $8.09</li>
<li>52-Week Range: $2.90 to $1,126.80</li>
<li>Year-to-Date Return: -92.8%</li>
<li>June/July/August Ranking: Not in Top 20 in any</li>
</ul>
6. Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)
<ul>
<li>Current Price: $488.07</li>
<li>52-Week Range: $342.35 to $503.52</li>
<li>Year-to-Date Return: +21.2%</li>
<li>June/July/August Ranking: 11th/11th/9th</li>
</ul>
7. Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
<ul>
<li>Current Price: $416.40</li>
<li>52-Week Range: $226.59 to $1,229.00</li>
<li>Year-to-Date Return: +45.9%</li>
<li>June/July/August Ranking: 10th/19th/4th</li>
</ul>
8. Galmed Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLMD#NASDAQ">GLMD</a>)
<ul>
<li>Current Price: $6.86</li>
<li>52-Week Range: $2.73 to $23.80</li>
<li>Year-to-Date Return: +29.9%</li>
<li>June/July/August Ranking: Not in Top 20 in any</li>
</ul>
9. Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
<ul>
<li>Current Price: $23.46</li>
<li>52-Week Range: $18.51 to $51.28</li>
<li>Year-to-Date Return: -50.9%</li>
<li>June/July/August Ranking: Not in Top 20 in any</li>
</ul>
10. Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>)
<ul>
<li>Current Price: $8.05</li>
<li>52-Week Range: $2.09 to $13.25</li>
<li>Year-to-Date Return: +241.1%</li>
<li>June/July/August Ranking: Not in Top 20/Not in Top 20/20th</li>
</ul>
Honorable Mentions:&nbsp;The following stocks were the 11th&nbsp;to 20th&nbsp;most-searched tickers on&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090324&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;in September 2024.
11. Summit Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>)
12. Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
13. Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)
14. Tenon Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNON#NASDAQ">TNON</a>)
15. CN Energy Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNEY#NASDAQ">CNEY</a>)
16. Quhuo Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QH#NASDAQ">QH</a>)
17. ENDRA Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDRA#NASDAQ">NDRA</a>):
18. Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>)
19. Immuneering Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMRX#NASDAQ">IMRX</a>)
20. Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
Why It&#8217;s Important:&nbsp;Nvidia was the top searched stock on Benzinga Pro for the month of September once again. The stock has ranked first or second for every month tracked since February, sometimes alternating with SPY or Tesla.
The SPDR S&amp;P 500 ETF Trust ranked second for a second straight month, which comes as the S&amp;P 500 tracking index hit new all-time highs in the month of September.
Tesla, which topped the month of July, has ranked third for two straight weeks. The stock has ranked among the top four stocks searched in each month tracked in 2024.
The bigger story in September were the newcomers and the stocks that dropped off.
Newcomers to the top 10 included Wheeler Real Estate, Galmed, Intel and Intuitive. Of the four stocks, only Intuitive had ranked in the top 20 over the last three months. The newcomers all had catalysts in the last month that made their stocks highly volatile.
On the 11th through 20th portion of the list, the stocks were all different from the previous month with Intuitive moving to the top 10 and Palantir going from 7th to 12th and the other stocks all new to the top 20.
Several of the companies ranked in the bottom part of the top 20 are penny stocks trading at less than $5 per share that saw wide moves that saw increased interest from Benzinga traders.
One of the bigger names to make the top 20, by name recognition, is Trump Media &amp; Technology Group, the company that counts former President Donald Trump as a co-founder. The stock has been highly volatile during the 2024 election cycle.
Dropping out of the top 10 were Lumen Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>), Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Geovax Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOVX#NASDAQ">GOVX</a>) and the aforementioned Palantir.
Other big names that exited the top 20 include Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) that was 13th in August and fell to 24th to narrowly miss the list.
Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), which has frequently appeared in the top 20 and was ranked 15th in August dropped out of the top 20.
Overall the month of September saw six of the same top 10 tickers from August and eight of the top 20 tickers from August.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/07/39603613/exclusive-top-10-most-searched-tickers-on-benzinga-pro-in-first-half-2024-where-do-nvidia-tesla-pala">EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In First Half 2024 – Where Do Nvidia, Tesla, Palantir, GameStop Rank?</a></li>
</ul>
Image: Shutterstock

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EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In September 2024 – Where Do Tesla, Nvidia, Apple, DJT Stock Rank?

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Many cheap stocks under $10 are cheap for a good reason. Cash-burning biotechs, sketchy shell companies and overhyped fads with more sizzle than substance. But amidst the minefield of duds, there are always a few diamonds in the rough with legitimate 10-bagger potential.



I&rsquo;ve sifted through the bargain bin to bring you seven of the most promising cheap stocks under $10 that I think could multiply. That said, the upside prospect also means there is a significant downside potential too. But I have found picks that have low dilution and could realistically deliver multibagger returns if the stars align for them. These stocks could definitely hit a home run if the best-case scenario unfolds for their underlying businesses. If not, prepare to stomach the losses. Let&rsquo;s take a look!



<h2>Aemetis (AMTX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/12/amtx-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the website for Aemetis (AMTX)."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Aemetis (NASDAQ:<a href="https://investorplace.com/stock-quotes/amtx-stock-quote/">AMTX</a>) develops and commercializes technologies that replace petroleum-based products with renewable fuels. The company&rsquo;s stock has been on a wild ride, with shares plummeting over 50% in the past year amid continued losses.



However, I believe Aemetis may be nearing an inflection point. The stock has started to stabilize and trade sideways recently. Analysts expect Aemetis to turn profitable within two years on the back of explosive revenue growth. Further, they <a href="https://seekingalpha.com/symbol/AMTX/earnings/estimates" target="_blank">expect sales to surge 90% </a>this year to $354 million. Looking further out, the company&rsquo;s updated five year plan ambitiously targets revenues <a href="https://finance.yahoo.com/news/aemetis-announces-updated-five-plan-130000260.html" target="_blank">reaching $1.95 billion by 2028</a>. That&rsquo;s a robust 38% compound annual growth rate. This revenue spike could lead to a breakout.



H.C. Wainwright analyst Amit Dayal recently reiterated a &ldquo;Buy&rdquo; rating and a $28 price target, highlighting Aemetis&rsquo; &ldquo;<a href="https://www.nasdaq.com/articles/aemetis-amtx-fuels-expectations-falls-short" target="_blank">notable year-on-year revenue growth</a>.&rdquo; While this price target may prove overly optimistic, it&rsquo;s not hard to envision Aemetis stock multiplying several times over if the company meets expectations.



Of course, execution risk abounds for this speculative renewable energy play. Aemetis will need to rapidly scale its dairy renewable natural gas operations and successfully bring its sustainable aviation fuel plant online. Perhaps the cheap stock is worth the risk.



<h2>Nerdy (NRDY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/02/chinese-online-learning-300x169.png" alt="Image of a young girl raising her hand in front of a laptop."><div>Source: MIA Studio / Shutterstock.com</div></div>Nerdy (NYSE:<a href="https://investorplace.com/stock-quotes/nrdy-stock-quote/">NRDY</a>) is an innovative online learning platform that uses AI to connect students with expert tutors for personalized live instruction. The company recently reported first-quarter 2024 results, with <a href="https://www.investing.com/news/stock-market-news/earnings-call-nerdy-inc-reports-strong-q1-growth-aims-for-10m-us-students-93CH-3428192" target="_blank">revenue of $53.7 million</a> beating expectations and marking a 9% year-over-year increase.



I believe Nerdy is well-positioned to capitalize on the growing trend of AI-enhanced learning. AI can be a game-changer when it comes to understanding complex topics like math. The patience and adaptability of AI-powered tutoring is unmatched. If this type of learning becomes more mainstream, I see huge potential for Nerdy to deliver multibagger returns for investors.



Analysts seem to agree, with a consensus &ldquo;<a href="https://www.tipranks.com/stocks/nrdy/forecast" target="_blank">Moderate Buy</a>&rdquo; rating and an average 12-month price target of $4.46, implying 155% upside from the current stock price. While the financials aren&rsquo;t perfect, with the company still reporting losses, the top-line growth remains solid, and the losses appear manageable. Plus, Nerdy reaffirmed its full-year 2024 revenue guidance of $232-246 million and expects to generate positive operating cash flow.



<h2>Blacksky Technology (BKSY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/shutterstock_1034855800-300x169.png" alt="A photo of a satellite over earth."><div>Source: AlexLMX / Shutterstock</div></div>BlackSky Technology (NYSE:<a href="https://investorplace.com/stock-quotes/bksy-stock-quote/">BKSY</a>) provides real-time geospatial intelligence and satellite imagery analytics. Though it missed analyst estimates, the company saw <a href="https://finance.yahoo.com/news/q1-2024-blacksky-technology-inc-023814821.html" target="_blank">32% year-over-year revenue growth</a> to $24.2 million in Q1 2024.



Despite the revenue surge, BlackSky is still unprofitable, posting a net loss of $15.8 million in Q1. Year-to-date, BKSY has fallen 20% as the increasingly competitive space sector proves challenging for many companies to turn profits due to high operating costs. It is now up by 9.6% in the past month, though.



I see reasons for optimism. BlackSky has been winning significant contracts, including a <a target="_blank" href="https://www.fool.com/investing/2023/06/12/why-blacksky-stock-rocketed-higher-today/">$30 million contract</a> in Q1 from new deals and renewals. If this momentum continues, I believe the stock could be poised for a breakout. Notably, some analysts project BlackSky reaching profitability by 2026.



The current consensus among analysts is a <a href="https://www.tipranks.com/stocks/bksy/forecast" target="_blank">&ldquo;Strong Buy&rdquo; rating</a>, with an average price target of $3.17, representing a sizable upside from current cheap levels of around $1.10. While I&rsquo;m encouraged by the bullish sentiment, I also recognize the execution risks in the cutthroat space industry. If BlackSky can defy the odds and emerge as a profitable, growing space player, there could be meaningful gains ahead for investors willing to stomach the volatility of cheap stocks under $10. But that&rsquo;s a big &ldquo;if&rdquo; at this stage.



<h2>Serko (SERKF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/air-travel-1600-300x169.png" alt="Plane travel. Man standing in airport waiting for flight. travel stocks to buy"><div>Source: Olena Yakobchuk / Shutterstock</div></div>Serko (OTCMKTS:<a href="https://investorplace.com/stock-quotes/serkf-stock-quote/">SERKF</a>) is a travel management and expense company. The company recently <a href="https://www.serko.com/blog/serko-reports-fy23-total-income-up-154" target="_blank">reported its full-year 2023 earnings</a>, with &ldquo;total income&rdquo; up 154% to 48 million NZD, beating previous guidance. I&rsquo;m bullish here because it targets corporate travel, a niche that could become very big.



Analysts forecast Serko&rsquo;s revenue to grow at <a href="https://seekingalpha.com/symbol/SERKF/earnings/estimates" target="_blank">around 19% per year</a> over the next three years, outpacing the growth projected for the overall software industry in Oceania.



If management executes well, Serko could become a major player in the years ahead. However, the company&rsquo;s lack of profitability and limited operating history make it a high-risk investment. As with any young company, multibagger returns are possible but far from guaranteed. The same applies to this cheap stock.



<h2>Mynaric (MYNA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/06/shutterstock_1838922316-300x169.jpg" alt="rural broadband: a cell phone tower over a long stretch of hills and forest"><div>Source: Steve Heap / Shutterstock</div></div>Mynaric (NASDAQ:<a href="https://investorplace.com/stock-quotes/myna-stock-quote/">MYNA</a>) develops laser communication technologies for high-bandwidth, long-distance data transmission between moving objects. The Germany-based company has been making notable strides lately, securing major contracts and achieving key product milestones.



I&rsquo;m particularly bullish on Mynaric&rsquo;s laser communication products for wireless data transfer between aircraft, UAVs, high-altitude platforms and satellites. With the growing importance of these technologies in defense and aerospace, Mynaric looks well-positioned to land contracts in the coming years.



Mynaric also posted <a href="https://in.marketscreener.com/quote/stock/MYNARIC-AG-38495674/news/Mynaric-AG-Reports-Earnings-Results-for-the-Full-Year-Ended-December-31-2023-46764024/" target="_blank">21.89% revenue growth in 2023 to &euro;5.39 million</a>, though losses widened 26.8% to &euro;93.53 million. Analysts <a href="https://seekingalpha.com/symbol/MYNA/earnings/estimates" target="_blank">forecast</a> a whopping 941% revenue surge to $61 million this year and nearly $394 million by 2027. However, profitability is not on the table in the near term.



Again, this is a very high-risk stock due to the losses here. It needs to continuously land contracts to keep up the momentum. Also, more dilution may be needed until it presumably breaks even in 2027 if cash runs out. The underlying tech is good, but you should reconsider a buy if you don&rsquo;t like the risk.



<h2>SSC Security Services (SECUF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/cybersecurity-1600-300x169.jpg" alt="internet security and data protection concept, blockchain and cybersecurity"><div>Source: Song_about_summer / Shutterstock</div></div>SSC Security Services (OTCMKTS:<a href="https://investorplace.com/stock-quotes/secuf-stock-quote/">SECUF</a>) is a publicly traded holding company that provides physical, cyber and electronic security services across Canada. The company has been on an impressive growth trajectory lately, with record revenue and adjusted EBITDA in their latest quarterly results.



In Q2 2024, SSC <a target="_blank" href="https://www.stockwatch.com/News/Item/Z-C!SECU-3554531/C/SECU">posted revenue of $30.4 million</a>, a strong 20.6% increase over the same quarter last year. Adjusted EBITDA also grew 33% to $1.1 million. Personally, I see a lot of potential in SSC Security Services. The need for top-notch physical and cybersecurity is only going to keep increasing in our technology-driven world. With high-profile clients across corporate and government sectors, SSC is well-positioned to capitalize on this demand.



Of course, as with any small and relatively young company, there are risks to consider. Profitability is still inconsistent, competition is fierce and the stock remains thinly traded. However, if SSC can maintain its current growth trajectory and achieve sustained profits, I believe this one of the cheap stocks under $10 that could deliver strong returns in the coming years.



<h2>EzFill Holdings (EZFL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/gasoline_1600-300x169.png" alt="A photo of a row of gasoline pump handles at a pump with the sun shining on them. Gas prices dropping."><div>Source: ThePowerPlant/ShutterStock.com</div></div>EzFill Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/ezfl-stock-quote/">EZFL</a>) is a pioneer in the mobile fuel delivery industry. The company recently announced preliminary unaudited <a href="https://www.stocktitan.net/news/EZFL/ez-fill-announces-preliminary-unaudited-revenues-of-approximately-2-nl32zk4mzr76.html" target="_blank">revenues of approximately $2.6 million</a> for April 2024, a 32% year-over-year increase.



In many circumstances, bringing the gas station directly to consumers and businesses could prove convenient and efficient. Most logistics companies are doing all they can to maximize efficiency, and if constant trips to the pump eat into their bottom line, EzFill&rsquo;s service may be an attractive option.



However, I&rsquo;m hesitant to jump on the EzFill bandwagon just yet. The company&rsquo;s decision to implement a <a href="https://uk.marketscreener.com/quote/stock/EZFILL-HOLDINGS-INC-127040898/news/EzFill-Holdings-to-Implement-1-for-2-5-Reverse-Stock-Split-47446337/" target="_blank">1-for-2.5 reverse stock split</a> in July 2024 to maintain Nasdaq listing compliance gives me pause. The stock has bounced between $3-6 for most of 2024, and analysts seem to be taking a cautious stance.



It&rsquo;s low on my watchlist of cheap stocks under $10 due to the reverse split and dilution, but this is a business model I won&rsquo;t be surprised to see take off.



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>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>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>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/7-cheap-stocks-under-10-with-10x-potential-july-2024/">7 Cheap Stocks Under $10 With 10X Potential: July 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Cheap Stocks Under $10 With 10X Potential: July 2024

Mynaric increases loss guidance for 2024, CFO steps down

AMTX

BKSY

BYRN

EVTL

EZFL

LLAP

MOYFF

MYNA

NRDY

RKLB

SECUF

SERKF

VTSI

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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mynaric AG - MYNA

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MYNA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Mynaric AG and Encourages Investors to Contact the Firm!

Mynaric AG (MYNA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mynaric Advances Production of CONDOR Mk3

Bragar Eagel & Squire, P.C. Is Investigating Ibotta, Mynaric, iLearningEngines, and Acadia and Encourages Investors to Contact the Firm

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