Iris Energy (IREN)
Entry: Unlock
Price target: 10.50-12.00
Second PT: Unlock
Data centers are among the hottest trades this year, driven by surging demand fueled by the rapid growth of artificial intelligence. While industry giants like IBM, Oracle, and Dell have emerged as key beneficiaries, smaller, lesser-known companies are gaining attention from investors seeking "hidden gems." Iris Energy is one such standout, operating institutional-grade data centers powered entirely by renewable energy.
What sets Iris Energy apart is its dual focus on two high-growth sectors: data centers and renewable energy. As major players like Google and Amazon explore nuclear energy to power their expansive data centers, Iris Energy’s commitment to renewables makes it a compelling contender. The company’s financials further highlight its potential. Despite its relatively small size, Iris Energy posted impressive revenue growth of 148% in 2024 and 176% and 162% in Q2 and Q3 of its 2025 fiscal year. Looking at their balance sheet, it has grown significantly in the past twelve months from $46 million to $1.43 billion, not bad for a company valued at $1.90 billion.
Note: investors should be mindful of the risks. As a young, small-cap company, Iris Energy is still in its early stages, and sustained long-term success is yet to be proven. For now, its short-term potential is attractive, especially given the growing excitement around data centers and clean energy. Iris Energy may not yet be a long-term hold, but it offers a promising opportunity for those seeking exposure to these booming industries.
We'll be updating our premium members as needed about any critical developments for the company that could change the stock's projections. Stock may take longer than this week to come around to targets.
Veeva Systems (VEEV)
Entry: Unlock
Price target: 258.00-260.00
Second PT: Unlock
Veeva Systems, Inc. provides specialized cloud solutions tailored to the global life sciences sector. Its platforms help pharmaceutical and life sciences companies leverage modern cloud architectures and mobile applications for essential business functions, ensuring both regulatory compliance and industry-specific capabilities.
This company first earned a spot on our watchlist back in November 2024, which it shortly went on to reach new 52 week highs after, but market volatility and tariff uncertainty have kept shares ranging between 200.00-260.00 in recent months. Although the market feels uncertain about the stock, as a business, Veeva Systems is performing extremely well. Revenue grew by 16.2% in 2024, reaching a record $2.75B and is expected to reach $3.05B this year. More impressively, the company’s net income grew by 36% last year and is on track to nearly double in the next four years.
Veeva is set to report its Q1 2025 earnings later this month, and if the company can reaffirm their outlook, the stock may be due for a big push. Looking at the past three quarters, Veeva’s stock gapped up on earnings all three times, but just didn’t have the momentum to keep going. However markets won’t ignore a good performance for long, so we’ll be keeping a close eye on earnings on May 28th. If the stock gaps up, it is our signal to add more for a possibility of seeing the price targets indicated above.
We'll be updating our premium members as needed about any critical developments for the company that could change the stock's projections. Stock may take longer than this week to come around to targets.
Rigetti Computing (RGTI)
Entry: Unlock
Price target: 15.00-15.50
Second PT: Unlock
Quantum computing is widely regarded as the next major breakthrough in technology, with companies like Google making bold claims, such as suggesting their new quantum chip, “Willow,” could offer evidence that we live in a simulated reality. While the idea of a simulated universe remains speculative and theoretical, the real-world applications of quantum computing are compelling enough to make the technology feel very tangible and within reach.
Let’s dive into the science of quantum computing for a brief explanation (trust me, it is not easy for me to understand either). Quantum computing is a type of computing that uses the rules of quantum physics to solve problems much faster than regular computers. Instead of using bits that are either 0 or 1, quantum computers use qubits, which can be both 0 and 1 at the same time. This lets them handle very complex problems much more quickly as more qubits are added. Quantum computers (through qubits) are able to explore multiple states at once, enabling to explore many possible solutions simultaneously.
The big question for researchers right now is how can they scale qubits to higher levels, because the more qubits, the more the computer would be able to solve and at a lower error rate. One of the companies working on this specific thing is Rigetti Computing, which has a patented design that’s expected to scale beyond 100 qubits later this year (currently at 84). The company has collaborated with Harvard and MIT to demonstrate their works, and has landed strategic partnerships to build out utility scale quantum computers in the next decade.
Now you may notice, we haven’t talked much about Rigetti’s financial performance and that’s because they simply don’t have much to show. The company, like many other quantum start-ups, is very much still in the phase of building the technology instead of commercializing it. However it is one of the handful of companies that should be watched as quantum computing continues to advance.
We'll be updating our premium members as needed about any critical developments for the company that could change the stock's projections. Stock may take longer than this week to come around to 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 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!
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!