An AI model developed by IBM has selected 5 stocks with explosive upside potential within a month. Here are the search results.
An artificial intelligence model developed to help investors select the most promising stocks recently identified 5 stocks that could rise up to 19% within the next month.
This advanced tool, powered by IBM Watsonx AI and powered by iFi AI, analyzes a wide range of market signals and data, including macroeconomic updates, news articles, company fundamental data, and technical indicators trading, to formulate projections on the future performance of individual securities. Among the stocks identified, the leading candidate has a growth forecast of up to 19%. The AI also highlighted four other stocks with significant upside potential.
Let’s see which stocks these are and why investors should carefully consider these recommendations, taking into account market factors and specific company dynamics.
1. Marathon Oil Corporation (MRO)
- Marathon Oil Corporation daily graph
- Source: Tradingview
Marathon Oil Corporation (MRO) is the focus of the AI forecast, with an expected increase of 19% within the next 30 days. This mid-sized energy stock has underperformed other sector leaders, with 9% year-over-year growth, compared to 13% for the SPDR Energy Select Sector fund (XLE). However, artificial intelligence predicts a strong recovery for Marathon, supported by the positive analysis of Wall Street analysts: out of 25 analysts, 18 have assigned the stock a “buy” or “strong buy” rating.
Wells Fargo experts recently reiterated their "buy" rating on the stock, setting a target price at 38 dollars, with a potential upside of 45%. In this case, the forecast is medium-term with a target price achievable within 12 months.
Marathon’s potential growth is attributable to various factors, including recovering oil prices and expanding business operations. Investors may find Marathon an attractive opportunity, especially if the stock can close the gap on its peers.
According to the AI, the probability of this prediction coming true is 90%, with a historical accuracy rate of 73%.
2. Affirm Holdings (AFRM)
- Affirm Holdings daily graph
- Source: Tradingview
Affirm Holdings (AFRM), known for its “Buy Now Pay Later” payment service, is another stock identified by AI with 9% growth potential over the next 30 days. Despite a 31% decline this year due to concerns about weakening US consumption, recent positive developments suggest an imminent rebound. An analyst at JP Morgan recently upgraded Affirm’s rating to “buy,” indicating renewed optimism about the company’s prospects. Affirm’s ability to adapt to changing market conditions and expand its customer base will be crucial to its recovery.
- Affirm Holdings target price
- Source: Tipranks
Investors should monitor Affirm’s performance closely, as the stock could benefit from a recovery in consumer confidence and increased adoption of its payment services.
3. Southwestern Energy (SWN)
- Southwestern energy daily graph
- Source: Tradingview
Southwestern Energy (SWN) is another energy stock that AI expects to rise strongly, with a growth projection of 8%. With a market capitalization of less than $10 billion, Southwestern has outperformed the energy sector with a 15% gain in 2024. This company, focused on natural gas exploration and production, benefits from growing energy demand and favorable dynamics of the gas market. Expansion strategies and operational cost optimization are further strengthening Southwestern’s position.
- Southwestern Energy target price
- Source: Tipranks
Investors interested in the energy sector may find Southwestern to be a solid growth opportunity due to its ability to capitalize on positive market trends.
4 Vertiv Holdings (VRT)
- Vertiv Holdings graph
- Source: Tradingview
Vertiv Holdings (VRT), with an estimated 8% growth, represents an interesting opportunity in the technology infrastructure sector. The Ohio-based company saw its stock price more than double in 2024, thanks to strong demand linked to the artificial intelligence boom. In its first quarter report, Vertiv highlighted a significant increase in organic net sales, expected between 11% and 13% this year. The growing need for technology infrastructure solutions, combined with Vertiv’s ability to innovate and adapt quickly, makes it a very promising stock.
- Vertiv Holdings target price
- Source: Tipranks
Investors looking to capitalize on the expanding technology sector may consider Vertiv a strategic investment.
5. Smartsheet (SMAR)
- Smartsheet daily graph
- Source: Tradingview
Smartsheet (SMAR), a software industry stock, is expected to grow 8% in the next 30 days according to AI. Despite a negative performance of 12% this year, Smartsheet showed signs of a turnaround in May, closing at its highest levels in two months. Smartsheet’s collaborative work management platform continues to gain traction, and the company is enhancing its features to appeal to a growing number of business users. Smartsheet’s ability to innovate and respond to market needs could lead to a sustained recovery in the stock.
- Smartsheet target price
- Source: Tipranks
Investors looking for opportunities in the technology sector could benefit from buying Smartsheet stock, especially if the company can maintain its positive momentum.
|DISCLAIMER
The information and considerations in this article should not be used as the sole or primary basis for making investment decisions. The reader maintains full freedom in his own investment choices and full responsibility in making them, since only he knows his risk appetite and his time horizon. The information contained in the article is provided for informational purposes only and its disclosure does not constitute and should not be considered an offer or solicitation to the public for savings.| Original article published on Money.it Italy 2024-05-22 11:16:45. Original title: 5 titoli pronti a salire fino al 19% entro giugno secondo l’AI
