Latest news with #123RFStockPhoto
Yahoo
24-04-2025
- Business
- Yahoo
Why Junee Limited (JUNE) Is Up the Most So Far in 2025
We recently published a list of . In this article, we are going to take a look at where Junee Limited (NASDAQ:JUNE) stands against other industrial stocks that are up the most so far in 2025. Industrial stocks are sensitive to the economic cycle. Many of them have already fallen victim to the downturn and have reversed much of their earlier gains from the past few years. However, 2025 is shaping up to be a breakout year for industrial stocks elsewhere. The industrial sector is very broad, and you'll always find winners that outpace expectations and draw the attention of investors who once overlooked these workhorse companies. Manufacturing and industrial firms have doubled down on digital transformation and have poured resources into automation to boost efficiency. This investment is paying off as companies become more agile and better equipped to handle shocks, whether from geopolitical tensions, labor shortages, or shifting customer needs. It's worth looking into the biggest winners so far this year, as they could continue building on the momentum. For this article, I screened the best-performing industrial stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Copyright: yuliufu / 123RF Stock Photo Number of Hedge Fund Holders In Q4 2024: 2 Junee Limited (NASDAQ:JUNE) provides interior design, fit-out, and maintenance services for residential and commercial spaces, primarily in Hong Kong, and recently expanded its ambitions into artificial intelligence infrastructure. The stock is up significantly so far in 2025 due to its aggressive pivot into the AI sector. On March 12, Junee announced the acquisition of a 51% stake in MindEnergy AI Technology, a specialist in AI server design and software, marking a strategic shift from traditional interior design to AI computing solutions. This was followed by a series of major announcements: a planned $40 million financing round to build an AI supercomputing center in Australia, a $100 million customer purchase agreement with PanaAI Technology for Nvidia H200 GPU servers, and a broader $200 million investment plan to develop advanced AI infrastructure. Junee Limited (NASDAQ:JUNE) stock is up 191.65% year-to-date. Overall, JUNE ranks 2nd on our list of industrial stocks that are up the most so far in 2025. While we acknowledge the potential of JUNE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JUNE but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-04-2025
- Business
- Yahoo
Why Newsmax Inc. (NMAX) Went Up On Tuesday?
We recently published a list of . In this article, we are going to take a look at where Newsmax Inc. (NYSE:NMAX) stands against other firms that outperform broader market on Tuesday. The stock market finished mixed on Tuesday, with the Dow Jones the sole loser with a marginal 0.03-percent dip, as investors awaited clarity on President Donald Trump's new tariff rollout. The tech-heavy Nasdaq ended 0.87 percent higher, while the S&P 500 grew 0.38 percent. Meanwhile, 10 individual stocks outperformed the bellwether indices, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite. In this article, we named Tuesday's top performers and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5 million in trading volume. Copyright: bluemoon1981 / 123RF Stock Photo Newly listed Newsmax Inc. soared by as much as 217 percent at intra-day trading on Tuesday before a slight pullback to finish the day up by 179.01 percent at $233 apiece. From its initial public offering price of $10 apiece, Tuesday's share price marked a jump of 2,230 percent. In an interview with CNBC earlier, NMAX CEO Christopher Ruddy said that investors are powerfully buying Newsmax shares 'because they like us, they value us, and they want us to keep growing.' 'We're going out with a market cap of $1.2 [billion]. But we don't see ourselves as a value stock. We see ourselves as a growth stock. So those multiples are going to be a lot higher,' he noted. Overall, NMAX ranks 1st on our list of firms that outperform broader market on Tuesday. While we acknowledge the potential of NMAX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as NMAX but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
15-03-2025
- Business
- Yahoo
Why Rubrik Inc. (RBRK) Went Up On Friday?
We recently published a list of . In this article, we are going to take a look at where Rubrik Inc. (NYSE:RBRK) stands against other AI stocks that dominate Friday's top performers. The stock market bounced back on Friday, erasing the week's losses following news that a feared government shutdown is unlikely to happen amid news that a funding plan is likely to be passed. The tech-heavy Nasdaq recorded the highest gain, adding 2.61 percent, followed by the S&P 500 with a 2.13-percent gain, and the Dow Jones with 1.65 percent. Ten companies, predominantly under the AI industry, mirrored the broader market optimism, registering strong double-digit gains during the session. In this article, we have named the day's best performers and detailed the reasons behind their performance. To come up with the list, we only considered those with $2 billion in market capitalization and $5 million in trading volume. Copyright: daviles / 123RF Stock Photo Rubrik Inc. (NYSE:RBRK) Shares of Rubrik Inc. surged by as high as 28.8 percent at intra-day trading before ending the day just up by 27.79 percent at $70.64 each as investors cheered its strong revenue performance during the last quarter and full year of 2024. In its latest earnings release, RBRK said revenues for the fourth quarter increased by 47 percent to $258 million from $175 million year-on-year, while revenues for the full year surged by 41 percent to $886 million from $628 million. Despite the strong revenue figures, the company remained at a higher net loss, by 17.8 percent in the quarter at $114.9 million versus $97.5 million year-on-year, and by 225 percent at $1.154 billion from $354 million in 2023. Looking ahead, RBRK expects to book revenues between $259 million and $261 million in the first quarter of the year and revenues of $1.145 billion and $1.161 billion in the full-year period. Overall, RBRK ranks 2nd on our list of AI stocks that dominate Friday's top performers. While we acknowledge the potential of RBRK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as RBRK but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-02-2025
- Business
- Yahoo
Why Oklo Inc. (OKLO) Went Up On Friday?
We recently published a list of . In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other firms that posted double-digit gains on Friday. The stock market fell into the red territory on Friday, with all major indices recording losses over renewed fears of growing trade tensions coupled with expectations of a higher inflation rate in the US. The Dow Jones lost 0.99 percent, the S&P 500 declined 0.95 percent, while the tech-heavy Nasdaq dived by 1.36 percent. Despite the overall pessimistic sentiment, 10 companies managed to defy losses, posting double-digit gains in their valuations amid a flurry of impressive earnings performance. To come up with Friday's top winners, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume. Copyright: nexusplexus / 123RF Stock Photo Oklo Inc. (NYSE:OKLO) saw its share prices surge by 16.19 percent on Friday to end at $55.49 apiece as investor optimism was fueled by the government's plan to prioritize bolstering the energy industry over achieving net-zero goals. Energy Secretary Chris Wright's confirmation as the department's head also spurred optimism for Oklo Inc. (NYSE:OKLO), given that he was a member of the firm's board of directors. 'The Department's goal will be to unleash the great abundance of American energy required to power modern life and to achieve a durable state of American energy dominance,' the department order was quoted as saying in a report by Reuters. It also underscored that net zero policies have pushed up the prices of energy for homes and businesses, threatened the reliability of energy systems, and undermined energy security. Oklo Inc. (NYSE:OKLO), an advanced nuclear technology company, stands to benefit from the expansion program, which is further supported by an expected boom in the artificial industry sector. Overall, OKLO ranks 8th on our list of firms that posted double-digit gains on Friday. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than OKLO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
