logo
#

Latest news with #CNNFear&GreedIndex

As the US stock market starts to rebound, here's Warren Buffett's advice
As the US stock market starts to rebound, here's Warren Buffett's advice

Yahoo

time03-05-2025

  • Business
  • Yahoo

As the US stock market starts to rebound, here's Warren Buffett's advice

Billionaire investor Warren Buffett is famous for capitalising on volatile market conditions whenever he finds wonderful businesses trading at a discount. It's a strategy that's enabled him to outpace the market by a wide margin over his long investing career. Even in 2025 he's delivering results. In fact, since the start of the year, the S&P 500's down 6%. But Buffett's investment firm, Berkshire Hathaway (NYSE:BRK.B), is up almost 18%! Lately, the uncertainty in the US stock market has seemingly improved. The global US tariffs announced at the start of April have largely been scaled back along with the rhetoric of President Trump interfering with the US central bank. As such, US stocks have enjoyed a bit of a rebound, rising by almost 11% since the first week of April. That's definitely an encouraging sign. Yet, as previously highlighted, the S&P 500 still has some progress to make to recover from last month's sell-off. Does this present a Buffett-like buying opportunity for long-term investors? Maybe. The CNN Fear & Greed Index is still pretty low, suggesting that a lot of investors are still in panic mode. And to be fair, there is still cause for concern. The 90-day larger tariff pause will come to an end in July. And the US economic impact of the ongoing 10% tariffs is uncertain. Some even believe it could spark another recession, likely leading to another potential stock market sell-off. So is Buffett being greedy right now? As a public company, Berkshire Hathaway has to submit regulatory filings each quarter revealing which stocks it's buying and selling. We'll get an exact picture of what Buffett and his team have been up to later this month when the company files its 13F for the first quarter of 2025. However, thanks to some additional filings across the ocean in Japan, we know Berkshire's been buying shares in Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. All five are Japanese conglomerates spanning a variety of industries, from metal production to chemicals and agriculture. And in typical Buffett fashion, all are trading at pretty cheap-looking valuations. Company Price-to-Earnings Ratio Price-to-Sales Ratio Price-to-Book Itochu 11.5 0.7 1.7 Marubeni 9.1 0.6 1.1 Mitsubishi 10.2 0.6 1.2 Mitsui 8.5 0.6 1.1 Sumitomo 10.6 0.6 0.9 Buffett hasn't explicitly stated he's avoiding US stocks. Yet his actions certainly suggest it's not quite time to be greedy. Instead, international shares could offer far better value for investors right now, even as US stocks recover. Blindly following a famous investor's footsteps isn't always a sensible idea. Investing in Japanese stocks exposes investors to new risks, including currency exchange fluctuations and a different regulatory environment. However, that doesn't mean they're not worth closer inspection. And if there's value to be had in Japan, then other markets, like the UK, could also be worth exploring deeper. Especially since the London Stock Exchange is home to plenty of stocks trading at similar multiples. The post As the US stock market starts to rebound, here's Warren Buffett's advice appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Zaven Boyrazian has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio

Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?
Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?

Yahoo

time27-04-2025

  • Business
  • Yahoo

Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?

We recently published a list of 11 Oversold Growth Stocks to Buy Now. In this article, we are going to take a look at where Atlas Energy Solutions Inc. (NYSE:AESI) stands against other oversold growth stocks to buy now. The growth stocks, primarily proxied by high and consistent revenue growth, have shown sluggish performance in 2025 so far despite strong gains during the 2023-2024 period. The growth factor has been muted year-to-date due to the Trump-induced turmoil and uncertainty, favoring the safer value stocks instead. This has led to many growth stocks being oversold and trading at attractive valuations. Despite this, investors are still reluctant to buy because the overall market is still in 'fear' territory as proxied by the CNN Fear & Greed Index being at a relatively low value of 36/100. The key question to answer in this article is the following: Will the US stock market finally return to stability and growth? READ ALSO: 11 Oversold Blue Chip Stocks to Buy According to Hedge Funds We believe there are some strong indicators that support the hypothesis that the market has bottomed and the outlook will shift bullish very soon. First, the market tends to bottom when there is peak pessimism in the news and among retail investors – this has happened last week as the Fear & Greed Index was in Extreme Fear territory and some notorious news portals like The Economist have published extremely bearish first-page stories suggesting that the dollar might be on the verge of collapse and so might the US stock and bond markets along with the US economy. Mainstream news portals tend to be late to the party and only acknowledge market depression after they have happened. From a contrarian perspective, this would mean that peak pessimism was already priced in sometime at the beginning of the month, and things could only get better from here. Our hypothesis has already gotten some confirmation as the US stock market is up more than 5% since the beginning of the week, with the VIX index – a notorious proxy of investors volatility expectations – showing a score of 25, which is significantly below the peak of 60 around 'Liberation Day' early this month. The VIX index score is thus close to its long-term moving average, which stands in the high teens, indicating that the market's expectations are already normalizing. More certainty coming to the market is extremely bullish for stock prices and for the entire economy – it unmutes the Roaring 2020s economic tailwinds and gives clarity to CEOs and consumers to start spending again. Another important indicator suggesting a potential return to growth for the stock market is the high-yield corporate bond spread declining from 461bps a few weeks ago to 348bps, as per Yardeni Research. High-yield bonds are usually related to smaller, high-growth companies, which resonate well with the growth factor we discussed earlier in the article. Declining yields for corporate bonds reflect less expectation of default, which tends to happen in anticipation of economic expansions. Last but not least, the S&P index trades at a forward P/E of 19.5, which is significantly cheaper than the late 2024 peak of around 22.0. This means that there are more bargain prices to be found now than a few months ago, and if one expects the market to return to growth, then now is the best moment to find bargain deals. Many growth stocks are still in oversold territory from the effect of the tariff uncertainty, inflationary threats, and slowdowns across some industries. Aerial view of oil rig in the Permian Basin, illustrating the expansive operations in West Texas and New Mexico. To compile our list of oversold growth stocks, we used a screener to identify stocks with at least 20% revenue CAGR in the last 5 years, which are currently oversold by having an RSI below 40 and have significant average upside estimated by analysts. We rank them in descending order by the RSI value. For each stock, we also include the number of hedge funds that own the stock, as per Insider Monkey's database of Q4 2024. 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 (). ​Atlas Energy Solutions Inc. (NYSE:AESI) is an energy services company specializing in proppant production and logistics for hydraulic fracturing operations, primarily in West Texas and New Mexico. It operates 14 proppant production facilities and manages its own logistics network. AESI also expanded into power solutions by adding a fleet of natural gas-powered generators to its offerings. Atlas Energy Solutions Inc. (NYSE:AESI) has demonstrated significant growth since its IPO in March 2023, with its productive capacity increasing nearly 2.5x and now offering the largest wet sand operation in the Permian Basin. The company has successfully launched the Dune Express, making commercial deliveries off the second-longest conveyor ever built, and is pioneering the world's first commercial driverless delivery operation in partnership with Kodiak Robotics. Looking ahead, 2025 is positioned to be a transformational year for Atlas Energy Solutions Inc. (NYSE:AESI), with the company expecting to sell over 25 million tons compared to around 20 million tons in 2024. The company has closed the acquisition of Moser Energy Systems, providing a new avenue for growth in the rapidly expanding distributed power market. The company is also seeing early signs of healing in the Permian proppant market, with more rational behavior on pricing and expectations of a gradual return to normalcy in sand pricing later in the year. Despite experiencing negative returns due to softening oil prices, AESI is growing its operations at a rapid pace, making it one of the best oversold stocks to consider. Overall, AESI ranks 9th on our list of oversold growth stocks to buy now. While we acknowledge the potential of AESI to grow, 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 AESI but that trades at less than 5 times its earnings, check out our report about this 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.

Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?
Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?

Yahoo

time27-04-2025

  • Business
  • Yahoo

Is Atlas Energy Solutions (AESI) One of the Oversold Growth Stocks to Buy Now?

We recently published a list of 11 Oversold Growth Stocks to Buy Now. In this article, we are going to take a look at where Atlas Energy Solutions Inc. (NYSE:AESI) stands against other oversold growth stocks to buy now. The growth stocks, primarily proxied by high and consistent revenue growth, have shown sluggish performance in 2025 so far despite strong gains during the 2023-2024 period. The growth factor has been muted year-to-date due to the Trump-induced turmoil and uncertainty, favoring the safer value stocks instead. This has led to many growth stocks being oversold and trading at attractive valuations. Despite this, investors are still reluctant to buy because the overall market is still in 'fear' territory as proxied by the CNN Fear & Greed Index being at a relatively low value of 36/100. The key question to answer in this article is the following: Will the US stock market finally return to stability and growth? READ ALSO: 11 Oversold Blue Chip Stocks to Buy According to Hedge Funds We believe there are some strong indicators that support the hypothesis that the market has bottomed and the outlook will shift bullish very soon. First, the market tends to bottom when there is peak pessimism in the news and among retail investors – this has happened last week as the Fear & Greed Index was in Extreme Fear territory and some notorious news portals like The Economist have published extremely bearish first-page stories suggesting that the dollar might be on the verge of collapse and so might the US stock and bond markets along with the US economy. Mainstream news portals tend to be late to the party and only acknowledge market depression after they have happened. From a contrarian perspective, this would mean that peak pessimism was already priced in sometime at the beginning of the month, and things could only get better from here. Our hypothesis has already gotten some confirmation as the US stock market is up more than 5% since the beginning of the week, with the VIX index – a notorious proxy of investors volatility expectations – showing a score of 25, which is significantly below the peak of 60 around 'Liberation Day' early this month. The VIX index score is thus close to its long-term moving average, which stands in the high teens, indicating that the market's expectations are already normalizing. More certainty coming to the market is extremely bullish for stock prices and for the entire economy – it unmutes the Roaring 2020s economic tailwinds and gives clarity to CEOs and consumers to start spending again. Another important indicator suggesting a potential return to growth for the stock market is the high-yield corporate bond spread declining from 461bps a few weeks ago to 348bps, as per Yardeni Research. High-yield bonds are usually related to smaller, high-growth companies, which resonate well with the growth factor we discussed earlier in the article. Declining yields for corporate bonds reflect less expectation of default, which tends to happen in anticipation of economic expansions. Last but not least, the S&P index trades at a forward P/E of 19.5, which is significantly cheaper than the late 2024 peak of around 22.0. This means that there are more bargain prices to be found now than a few months ago, and if one expects the market to return to growth, then now is the best moment to find bargain deals. Many growth stocks are still in oversold territory from the effect of the tariff uncertainty, inflationary threats, and slowdowns across some industries. Aerial view of oil rig in the Permian Basin, illustrating the expansive operations in West Texas and New Mexico. To compile our list of oversold growth stocks, we used a screener to identify stocks with at least 20% revenue CAGR in the last 5 years, which are currently oversold by having an RSI below 40 and have significant average upside estimated by analysts. We rank them in descending order by the RSI value. For each stock, we also include the number of hedge funds that own the stock, as per Insider Monkey's database of Q4 2024. 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 (). ​Atlas Energy Solutions Inc. (NYSE:AESI) is an energy services company specializing in proppant production and logistics for hydraulic fracturing operations, primarily in West Texas and New Mexico. It operates 14 proppant production facilities and manages its own logistics network. AESI also expanded into power solutions by adding a fleet of natural gas-powered generators to its offerings. Atlas Energy Solutions Inc. (NYSE:AESI) has demonstrated significant growth since its IPO in March 2023, with its productive capacity increasing nearly 2.5x and now offering the largest wet sand operation in the Permian Basin. The company has successfully launched the Dune Express, making commercial deliveries off the second-longest conveyor ever built, and is pioneering the world's first commercial driverless delivery operation in partnership with Kodiak Robotics. Looking ahead, 2025 is positioned to be a transformational year for Atlas Energy Solutions Inc. (NYSE:AESI), with the company expecting to sell over 25 million tons compared to around 20 million tons in 2024. The company has closed the acquisition of Moser Energy Systems, providing a new avenue for growth in the rapidly expanding distributed power market. The company is also seeing early signs of healing in the Permian proppant market, with more rational behavior on pricing and expectations of a gradual return to normalcy in sand pricing later in the year. Despite experiencing negative returns due to softening oil prices, AESI is growing its operations at a rapid pace, making it one of the best oversold stocks to consider. Overall, AESI ranks 9th on our list of oversold growth stocks to buy now. While we acknowledge the potential of AESI to grow, 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 AESI but that trades at less than 5 times its earnings, check out our report about this 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

Enphase Energy, Inc. (ENPH): Among the Oversold Growth Stocks to Buy Now
Enphase Energy, Inc. (ENPH): Among the Oversold Growth Stocks to Buy Now

Yahoo

time27-04-2025

  • Business
  • Yahoo

Enphase Energy, Inc. (ENPH): Among the Oversold Growth Stocks to Buy Now

We recently published a list of 11 Oversold Growth Stocks to Buy Now. In this article, we are going to take a look at where Enphase Energy, Inc. (NASDAQ:ENPH) stands against other oversold growth stocks to buy now. The growth stocks, primarily proxied by high and consistent revenue growth, have shown sluggish performance in 2025 so far despite strong gains during the 2023-2024 period. The growth factor has been muted year-to-date due to the Trump-induced turmoil and uncertainty, favoring the safer value stocks instead. This has led to many growth stocks being oversold and trading at attractive valuations. Despite this, investors are still reluctant to buy because the overall market is still in 'fear' territory as proxied by the CNN Fear & Greed Index being at a relatively low value of 36/100. The key question to answer in this article is the following: Will the US stock market finally return to stability and growth? READ ALSO: 11 Oversold Blue Chip Stocks to Buy According to Hedge Funds We believe there are some strong indicators that support the hypothesis that the market has bottomed and the outlook will shift bullish very soon. First, the market tends to bottom when there is peak pessimism in the news and among retail investors – this has happened last week as the Fear & Greed Index was in Extreme Fear territory and some notorious news portals like The Economist have published extremely bearish first-page stories suggesting that the dollar might be on the verge of collapse and so might the US stock and bond markets along with the US economy. Mainstream news portals tend to be late to the party and only acknowledge market depression after they have happened. From a contrarian perspective, this would mean that peak pessimism was already priced in sometime at the beginning of the month, and things could only get better from here. Our hypothesis has already gotten some confirmation as the US stock market is up more than 5% since the beginning of the week, with the VIX index – a notorious proxy of investors volatility expectations – showing a score of 25, which is significantly below the peak of 60 around 'Liberation Day' early this month. The VIX index score is thus close to its long-term moving average, which stands in the high teens, indicating that the market's expectations are already normalizing. More certainty coming to the market is extremely bullish for stock prices and for the entire economy – it unmutes the Roaring 2020s economic tailwinds and gives clarity to CEOs and consumers to start spending again. Another important indicator suggesting a potential return to growth for the stock market is the high-yield corporate bond spread declining from 461bps a few weeks ago to 348bps, as per Yardeni Research. High-yield bonds are usually related to smaller, high-growth companies, which resonate well with the growth factor we discussed earlier in the article. Declining yields for corporate bonds reflect less expectation of default, which tends to happen in anticipation of economic expansions. Last but not least, the S&P index trades at a forward P/E of 19.5, which is significantly cheaper than the late 2024 peak of around 22.0. This means that there are more bargain prices to be found now than a few months ago, and if one expects the market to return to growth, then now is the best moment to find bargain deals. Many growth stocks are still in oversold territory from the effect of the tariff uncertainty, inflationary threats, and slowdowns across some industries. A solar panel array stretched across a large open field, its glimmering panels reflecting the sun. To compile our list of oversold growth stocks, we used a screener to identify stocks with at least 20% revenue CAGR in the last 5 years, which are currently oversold by having an RSI below 40 and have significant average upside estimated by analysts. We rank them in descending order by the RSI value. For each stock, we also include the number of hedge funds that own the stock, as per Insider Monkey's database of Q4 2024. 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 (). ​Enphase Energy, Inc. (NASDAQ:ENPH) is an energy technology company specializing in microinverter-based solar-plus-storage systems. Its core products are centered around solar energy management for residential and commercial customers – think of microinverters and batteries. ENPH's systems are compatible with most solar panels, which makes it one of the leaders in the market. The company also offers electric vehicle charging solutions through its ClipperCreek brand. Enphase Energy, Inc. (NASDAQ:ENPH) reported Q1 2025 revenue of $356.1 million, representing 35% YoY growth. The company's US and international revenue mix was 74% and 26%, respectively, with US revenue decreasing 13% QoQ due to seasonality and softening demand, while European revenue increased 7%, driven by FlexPhase battery shipments in Germany. The company faced challenges from new tariffs, particularly on batteries sourced from China, which is expected to impact gross margins by 2% in Q2 2025 and 6-8% in Q3 2025, though they plan to fully offset this impact by Q2 2026 through supply chain diversification efforts. Looking ahead, Enphase Energy, Inc. (NASDAQ:ENPH) is focusing on several growth initiatives, including the launch of its fourth-generation battery system, which delivers the lowest installation cost of any ENPH solar plus battery solution to date. The company is expanding its served available market in Europe with the introduction of the FlexPhase battery with backup, IQ EV charger, and the upcoming IQ Balcony Solar Kit. Additionally, they are preparing to launch the IQ9 microinverter powered by GaN technology in Q4, which is expected to unlock a 10-gigawatt opportunity in commercial solar while driving cost per watt improvements across their residential business. With President Trump hinting towards potentially reversing previous tariffs on China, ENPH represents one of the oversold stocks to consider at currently depressed prices. Overall, ENPH ranks 2nd on our list of oversold growth stocks to buy now. While we acknowledge the potential of ENPH to grow, 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 ENPH but that trades at less than 5 times its earnings, check out our report about this 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

ICON Public Limited Company (ICLR): Among the Oversold Growth Stocks to Buy Now
ICON Public Limited Company (ICLR): Among the Oversold Growth Stocks to Buy Now

Yahoo

time27-04-2025

  • Business
  • Yahoo

ICON Public Limited Company (ICLR): Among the Oversold Growth Stocks to Buy Now

We recently published a list of 11 Oversold Growth Stocks to Buy Now. In this article, we are going to take a look at where ICON Public Limited Company (NASDAQ:ICLR) stands against other oversold growth stocks to buy now. The growth stocks, primarily proxied by high and consistent revenue growth, have shown sluggish performance in 2025 so far despite strong gains during the 2023-2024 period. The growth factor has been muted year-to-date due to the Trump-induced turmoil and uncertainty, favoring the safer value stocks instead. This has led to many growth stocks being oversold and trading at attractive valuations. Despite this, investors are still reluctant to buy because the overall market is still in 'fear' territory as proxied by the CNN Fear & Greed Index being at a relatively low value of 36/100. The key question to answer in this article is the following: Will the US stock market finally return to stability and growth? READ ALSO: 11 Oversold Blue Chip Stocks to Buy According to Hedge Funds We believe there are some strong indicators that support the hypothesis that the market has bottomed and the outlook will shift bullish very soon. First, the market tends to bottom when there is peak pessimism in the news and among retail investors – this has happened last week as the Fear & Greed Index was in Extreme Fear territory and some notorious news portals like The Economist have published extremely bearish first-page stories suggesting that the dollar might be on the verge of collapse and so might the US stock and bond markets along with the US economy. Mainstream news portals tend to be late to the party and only acknowledge market depression after they have happened. From a contrarian perspective, this would mean that peak pessimism was already priced in sometime at the beginning of the month, and things could only get better from here. Our hypothesis has already gotten some confirmation as the US stock market is up more than 5% since the beginning of the week, with the VIX index – a notorious proxy of investors volatility expectations – showing a score of 25, which is significantly below the peak of 60 around 'Liberation Day' early this month. The VIX index score is thus close to its long-term moving average, which stands in the high teens, indicating that the market's expectations are already normalizing. More certainty coming to the market is extremely bullish for stock prices and for the entire economy – it unmutes the Roaring 2020s economic tailwinds and gives clarity to CEOs and consumers to start spending again. Another important indicator suggesting a potential return to growth for the stock market is the high-yield corporate bond spread declining from 461bps a few weeks ago to 348bps, as per Yardeni Research. High-yield bonds are usually related to smaller, high-growth companies, which resonate well with the growth factor we discussed earlier in the article. Declining yields for corporate bonds reflect less expectation of default, which tends to happen in anticipation of economic expansions. Last but not least, the S&P index trades at a forward P/E of 19.5, which is significantly cheaper than the late 2024 peak of around 22.0. This means that there are more bargain prices to be found now than a few months ago, and if one expects the market to return to growth, then now is the best moment to find bargain deals. Many growth stocks are still in oversold territory from the effect of the tariff uncertainty, inflationary threats, and slowdowns across some industries. A laboratory setting with a team of scientists working on a clinical trial. To compile our list of oversold growth stocks, we used a screener to identify stocks with at least 20% revenue CAGR in the last 5 years, which are currently oversold by having an RSI below 40 and have significant average upside estimated by analysts. We rank them in descending order by the RSI value. For each stock, we also include the number of hedge funds that own the stock, as per Insider Monkey's database of Q4 2024. 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 (). ​ICON Public Limited Company (NASDAQ:ICLR) is a global contract research organization that provides development and commercialization services to pharmaceutical companies. In other words, the company helps pharma companies save costs by outsourcing some parts of the lengthy and cumbersome drug development process. ICLR's competitive advantage consists of a large scale of operations in over 55 countries, and offering a wide range of services including clinical trial management, data analytics, regulatory consulting, and laboratory services. ICLR ranked 8th on our recent list of 10 Best Beaten Down Stocks to Buy According to Analysts. ICON Public Limited Company (NASDAQ:ICLR)'s latest reported Q4 2024 performance aligned with expectations, with revenue and adjusted EPS results coming at the midpoint of their previous guidance range. The company achieved full-year revenue growth of 2% and adjusted earnings per share growth of 9.5% in 2024. They demonstrated strong business development performance in Q4 with gross bookings of $3.06 billion, increasing 8% sequentially and 3% YoY, though this was partially offset by elevated cancellations totaling $651 million. The company's backlog grew to $24.7 billion at the end of 2024, representing an increase of 8.3% YoY. Looking ahead, ICON Public Limited Company (NASDAQ:ICLR) is navigating through a transition period with mixed market conditions, where they're seeing positive leading indicators alongside continuing cautiousness and volatility. The company is focusing on cost management and automation initiatives, which are expected to save over $100 million in total costs annually compared to what they would have been without these automations. Despite current market volatility, ICLR remains confident in its strategic position, particularly noting strength in its lab and early phase business, and continued growth in therapeutic areas such as cardiometabolic diseases and oncology. Management's confidence is further reinforced by a large estimated upside of 43.74% and 46 hedge funds owning the stock, making ICLR one of the oversold stocks to consider in 2025. Overall, ICLR ranks 6th on our list of oversold growth stocks to buy now. While we acknowledge the potential of ICLR to grow, 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 ICLR but that trades at less than 5 times its earnings, check out our report about this 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store