GigaCloud Technology (GCT)
Entry: Unlock
Price target: 26.00-27.00
Second PT: Unlock
GigaCloud Technology has demonstrated impressive annual revenue growth, averaging 60% over the past four years, with no signs of slowing down. The company’s momentum accelerated even further in the first two quarters of 2024, with revenue surging by 97% and 103%, respectively, followed by another 70% increase in the third quarter. This robust revenue expansion has been accompanied by remarkable net income growth, which soared by 308% in 2023.
Despite its small-cap status, GigaCloud stands out due to its strong revenue trends and high profit margins. Operating in a niche segment of the distribution industry, the company specializes in global end-to-end e-commerce solutions for large-parcel merchandise. By streamlining everything from product discovery to payments and communication portals, GigaCloud enables seamless connections between manufacturers and resellers.
The company’s focused business model positions it well for continued success, particularly if it sustains its impressive growth trajectory. With the stock down more than 50% from its 52-week highs, it is becoming an increasingly attractive option for investors seeking a potential reversal trade.
Please note that this may take beyond this week to come around to price targets.
Oshkosh Corporation (OSK)
Entry: Unlock
Price target: 121.00-122.00
Second PT: Unlock
Oshkosh is a century-old company engaged in the design, development, and manufacture of purpose-built vehicles and equipment. It operates through the following segments: Access, Defense, and Vocational. The Access segment designs and manufactures access and material-handling equipment. The Defense segment focuses on the design, manufacturing, and sustainment of vehicles and mobility systems. The Vocational segment includes the Pierce, Maxi-Metal, McNeilus, AeroTech, IMT, Frontline Communications, and Oshkosh S-Series businesses.
The company was recently recognized at the Consumer Electronics Show for its new HARR-E autonomous robot, which introduces a pioneering way to take out the trash. Yes, the trash. From large specialty vehicles to small robots that assist with everyday chores, Oshkosh continues to innovate more than 100 years after its founding.
Looking at its fundamentals, Oshkosh appears undervalued at $7.37 billion, especially given its positive equity of $4.10 billion on the balance sheet. With forward earnings guidance between $10 billion and $11 billion for 2025, the company is likely to attract more buyers following its most recent earnings gap up. Additionally, Oshkosh boasts strong profit margins, bringing its price-to-earnings ratio to 9.28x—well below the average range of 15-25.
Please note that this may take beyond this week to come around to price targets.
Federal Signal Group (FSS)
Entry: Unlock
Price target: 105.00-110.00
Second PT: Unlock
Whether you support the current presidential administration or not, the political leadership of any country has a significant impact on economic policy and regulations. While the stock market as a whole typically delivers strong returns under both Democratic and Republican administrations, the companies that perform best vary depending on who is in power. With Trump taking office, his plan is to put America first—one reason we’ve chosen Federal Signal Corporation as a watchlist pick.
Federal Signal Corporation designs and manufactures products and integrated solutions for municipal, governmental, industrial, and commercial clients. It operates through two segments: the Environmental Solutions Group, which produces street sweepers, sewer cleaners, vacuum loaders, hydro-excavation trucks, and water blasting equipment; and the Safety and Security Systems Group, which provides protective systems for law enforcement, fire rescue, EMS, campuses, military facilities, and industrial sites. The company’s involvement in these industries makes it a top contender under an administration that has vowed to “clean up the streets” (no pun intended).
Looking at its financials, FSS posted 20% revenue growth in 2023 and an average of 7% growth per quarter in the first three quarters of 2024. Q4 earnings for 2024 are expected next month, potentially serving as a catalyst to drive the stock higher. The company’s full-year revenue is expected to surpass last year’s $1.72 billion.
Please note that this may take beyond this week to come around to price targets.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
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The stocks posted above are the preliminary stocks and set ups we’ll be watching this week. All price points are subject to change based on market performance and sector health. Please do your own research and analysis on these companies/charts before taking on any set ups. Trade at your own risk and as always, good luck! Let’s have a fantastic week.