American Superconductor Corporation (AMSC)
Entry: Unlock
Price target: 29.00-31.00
Second PT: Unlock
American Superconductor Corp. provides large-scale power solutions to enhance power grid efficiency and reduce wind energy costs. Its Grid segment helps electric utilities and renewable energy projects connect, transmit, and distribute power more efficiently, reliably, and affordably. Meanwhile, its Wind segment supports manufacturers in producing wind turbines with greater power output, improved reliability, and enhanced cost-effectiveness.
One key reason the stock earned a spot on our watchlist is its superconductor business, which is expected to drive sales growth in the coming years. Superconductors have the potential to replace traditional wiring materials like copper and aluminum by enabling lossless, high-efficiency electricity transmission. Because they have no electrical resistance, they prevent energy loss and heat buildup, unlike conventional conductors (Data Center Dynamics).
The data center industry is projected to grow at a compound annual growth rate (CAGR) of 11.7% from 2025 to 2032, driven by increasing demand for cloud computing and data storage. This growth requires immense energy, a challenge that was a major concern last year and remains so today. Companies like American Superconductor could play a role in solving this issue, especially given their long history dating back to 1987, during which they have worked directly with the U.S. Navy.
AMSC has yet to report its fourth fiscal quarter earnings for 2024. However, in the first three quarters, revenue grew by 33%, 60%, and 56%, respectively, while the company’s net income turned profitable. The recent correction in the stock, driven by the broader market sell-off, has brought it to an attractive entry level, potentially for a pre-earnings run-up or even a longer-term hold if the company provides strong projections for 2025.
Please note that this may take beyond this week to come around to price targets. We'll watching for technical / chart updates on this stock to manage our entry and exit points. Our members will receive real-time entry and exit updates on any set-up we officially take.
Toast Inc, (TOST) - High risk if entering before earnings
Entry: Unlock
Price target: 42.00-43.00
Second PT: Unlock
Toast achieved profitable margins in 2024, marking a new milestone in the young business’s path. The popular point of sale software company has taken the restaurant (and coffee houses..etc) industry by a storm, allowing them to grow their annual sales from $823 million in 2020 to nearly $5 billion in 2024. Achieving profitability seemed impossible just a few years ago, but the company managed to scrape away 55 cents per share in profits last year, and projections for 2025 reflect 36% growth in their bottomline.
To dive a bit deeper into their business, let’s explain what they do. Toast, Inc. engages in the development and provision of consumer payment application for restaurants. It offers terminals, kiosk, guest facing display (the thing they make you turn around to place a tip), and system accessories. The firm also offers point of sale, reporting and analytics, online ordering and delivery, and kitchen display system.
The stock earned a spot on our watchlist this week in specific in anticipation of their quarterly earnings, which will be released on May 8th. Immediate post-earnings moves are usually highly unpredictable, but the weeks and months that follow are usually dependent on the company’s performance. We want to see Toast reaffirm guidance for the year ahead and maintain their strong revenue and profit outlook to make them a viable trade for the next 3-12 months.
Please note that this may take beyond this week to come around to price targets. We'll watching for technical / chart updates on this stock to manage our entry and exit points. Our members will receive real-time entry and exit updates on any set-up we officially take.
Exact Sciences Corporation (EXAS)
Entry: Unlock
Price target: 59.00-61.00
Second PT: Unlock
Shares of Exact Sciences jumped 10% last week following the company’s earnings report. The medical diagnostics firm beat revenue expectations, narrowed its losses, and raised its 2025 sales outlook, achieving the “trifecta” of strong earnings performance.
Before diving into the numbers, let’s take a closer look at what Exact Sciences does. The company specializes in cancer screening and diagnostics, with a focus on early detection and prevention. Its flagship product, Cologuard, is a non-invasive test designed for the early detection of colorectal cancer. Their mission is a noble one, helping people identify serious medical issues at the earliest, most treatable stages.
With more than 10,000 Americans turning 65 every day, demand for the types of solutions Exact Sciences provides is only expected to grow. Advances in medical technology are enabling the aging population to take a more proactive approach to their health, and Exact Sciences is well-positioned to meet this need.
The company has steadily grown revenue from $1.49 billion in 2020 to $2.76 billion in 2024. While not explosive, the growth has been consistent. Most notably, Exact Sciences is on track to achieve profitability this year, which could make it an even more attractive investment going forward.
Please note that this may take beyond this week to come around to price targets. We'll watching for technical / chart updates on this stock to manage our entry and exit points. Our members will receive real-time entry and exit updates on any set-up we officially take.
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 to unlock more high probability set-ups!
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 to unlock more high probability set-ups!
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 to unlock more high probability set-ups!
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 to unlock more high probability set-ups!
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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!