American Superconductor Corporation (AMSC) Entry: Unlock Price target: 28.00-30.00 Second PT: Unlock Analysis done on hourly timeframe. American Superconductor Corp. (AMSC) delivers megawatt-scale power solutions focused on improving power grid performance and lowering the costs associated with wind energy. The company has earned a place on our watchlist this week due to the growing debate on how artificial intelligence will be powered in the coming years. Recently, news broke that the Three Mile Island nuclear plant will be reopening to supply power for Microsoft’s data centers. This marked a groundbreaking moment, as it was the first time nuclear energy was proposed to power AI—a highly energy-intensive technology that will require diverse and substantial power sources. AMSC is positioning itself to...
APA Corporation (APA) Entry: Unlock Price target: 27.50-28.50 Second PT: Unlock Analysis done on hourly timeframe. Demand and oil prices have moved in opposite directions over the past 12 months, leaving investors around the world surprised. However, oil prices aren't expected to stay suppressed for long. Rising geopolitical tensions in the Middle East and Russia are creating mounting pressure on oil markets. The current artificially low prices—driven in part by political motives leading up to elections—are unlikely to overshadow the growing global demand for oil. After the initial surge in oil prices due to the Russia-Ukraine conflict, the energy sector saw inflated valuations. However, the market has since undergone a sharp correction, pushing several stocks, including APA Corp, to more...
GigaCloud Technology (GCT)Entry: Unlock Price target: 21.50-22.00 Second PT: Unlock Analysis done on hourly timeframe. GigaCloud Technology has achieved 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. This robust revenue expansion has been complemented 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...
Unity Software (U)Entry: Unlock Stop loss: Unlock Price target: 23.50-25.00 Second PT: Unlock Analysis done on hourly timeframe. Unity Software is the leading global platform for creating real-time 3D content. The company is best known for games like Pokémon GO and Among Us, but investors are now focusing on Unity's collaboration with Apple’s Vision Pro. Unity’s visionOS beta program launched in 2023, allowing creators to deliver Apple’s first spatial computing experiences, essentially virtual reality games and experiences. It’s well known that Apple’s partners often benefit from the growth that flows from the tech giant, although Unity has yet to fully experience this. The Vision Pro is still new, and virtual reality itself has yet to be widely adopted, but long-term...
Mission Produce (AVO) Entry: Unlock Stop loss: Unlock Price target: 12.50-13.00 Second PT: Unlock Analysis done on daily timeframe. Mission Produce engages in sourcing, packaging, and distribution of avocados, mangoes, and blueberries to food retailers, and although this seems like a boring business, it’s enough to earn them $1 billion a year in revenue. The company earned a spot on our watchlist this week because of their ability to rebound from their sales slump in 2023. Revenue has bounced back significantly, growing as much as 34% last quarter, helping net income along with it. Despite the improvement in their fundamentals, the stock still didn’t get the attention it deserves after their last earnings, so we’re watching them this week...
