Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Here’s a look at the Benzinga Stock Whisper Index for the week ending August 21:
Digital Realty Trust (NYSE:DLR): The real estate company has gained interest from readers as an AI trade related to its data centers. In late July, the company beat second-quarter estimates and raised guidance. Analysts have been raising price targets and several upgraded the stock from Hold to Buy. The stock’s above average attention from readers this week could point to increased interest in AI-related stocks and the data center trade being back on.
Brightspring Health Services (NASDAQ:BTSG): The home and community based health care stock saw strong interest from readers during the week. The stock was down 4% over the last five days, which comes after beating analyst estimates for both earnings per share and revenue in the second quarter, reported in late July. The company also raised guidance and saw analysts raise their price targets. The pullback in shares this week could be profit taking with the stock up over 140% in the last year, which could represent a potential opportunity to look at an entry point for the high growth name.
Ulta Beauty (NASDAQ:ULTA): The largest specialized beauty retailer in the United States is on watch ahead of second-quarter financial results on Thursday and with the company’s partnership with Target ending. The beauty company has beaten analyst estimates for revenue in seven straight quarters and nine of the last 10 quarters overall. The company has beaten analyst estimates for earnings per share in eight of the last 10 quarters. Investors are likely to want to hear more on the company’s future growth plans and how it may make up for losing the Target partnership.
Sanmina Corporation (NASDAQ:SANM): The integrated manufacturing solutions stock saw shares trade lower on the week, but with increased reader attention. JPMorgan maintained a Neutral rating on the stock, while lowering the price target from $275 to $260. The company posted a double beat in July and raised full-year guidance. Shares are up over 70% over the last year, which could make the recent decline a pullback and a buying opportunity for investors. The company has been consistently beating analyst estimates, currently on a streak of eight straight double beats.
Riot Platforms (NASDAQ:RIOT): The digital infrastructure stock saw increased interest and a rising stock price with Bitcoin trading back over the $72,000 level. The company is a leading Bitcoin miner and the shares often rise and fall with volatility related to leading cryptocurrency. Riot is also working on AI deals as it becomes one of several cryptocurrency miners that are diversifying to using their power generation to help power data centers. Riot has signed a 20-year deal with Anthropic worth $9.1 billion and recently saw analysts raise their price targets, which could be related to the new growth opportunities for the company.
Stay tuned for next week’s report, and follow Benzinga Pro for all the latest headlines and top market-moving stories here.
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