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Best Momentum Stocks to Buy for November 15th
ZACKS· 2024-11-15 16:15
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 15:AST SpaceMobile, Inc. (ASTS) : This space-based cellular broadband network provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.AST SpaceMobile's shares gained 565.0% over the last six months compared with the S&P 500’s advanced of 12.2%. The company possesses a Momentum Score of A.Applied Digital Corporati ...
New Strong Buy Stocks for November 15th
ZACKS· 2024-11-15 10:45
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Federated Hermes, Inc. (FHI) : This global asset manager has seen the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.Raymond James Financial, Inc. (RJF) : This diversified financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.AST SpaceMobile, Inc. (ASTS) : This space-based cellular broadband network provider has ...
Nvidia Stake Sends This AI Stock Higher Thursday
Investopedia· 2024-11-14 23:11
Key TakeawaysShares of Applied Digital surged in extended trading Thursday after Nvidia reported a stake in the company.Nvidia held a roughly 3% stake in Applied Digital as of Sept. 30, according to a filing with the Securities and Exchange Commission.Applied Digital is a provider of advanced digital infrastructure, designed to support high-performance computing and artificial intelligence applications. Shares of Applied Digital (APLD) surged over 4% in extended trading Thursday after Nvidia (NVDA) reported ...
Does Applied Digital Corporation (APLD) Have the Potential to Rally 37.48% as Wall Street Analysts Expect?
ZACKS· 2024-11-08 15:55
Shares of Applied Digital Corporation (APLD) have gained 13.1% over the past four weeks to close the last trading session at $7.79, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $10.71 indicates a potential upside of 37.5%.The mean estimate comprises seven short-term price targets with a standard deviation of $1.11. While the lowest estimate of $9 indicates a 15.5% increase fr ...
Applied Digital Corporation Announces Closing of $450 Million of Convertible Notes Offering
GlobeNewswire News Room· 2024-11-04 21:21
DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of ...
Applied Digital Corporation Announces Upsize and Pricing of $375 Million of Convertible Notes Offering
GlobeNewswire News Room· 2024-10-31 10:00
DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the upsize and pricing of its offering of $375 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”). The Convertible Notes will be sold in a private offering to persons reasonably believ ...
Applied Digital Corporation Announces Proposed Private Offering of $300 Million of Convertible Notes
GlobeNewswire News Room· 2024-10-30 20:31
DALLAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be q ...
Applied Digital Shares Rise 23% Year to Date: To Buy or Not to Buy?
ZACKS· 2024-10-29 18:05
Applied Digital Corporation (APLD) shares have appreciated 22.7% year to date, outperforming the broader Finance sector's return of 18.4% and the Zacks Financial Miscellaneous Services industry's appreciation of 9.8%. This designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing applications, cloud services, and data center hosting has been benefiting from strong top-line growth. In first-quarter fiscal 2025, revenues jumped 67% year over year to $60. ...
3 Small-Cap Stocks That Could Trounce the S&P 500 Over the Next 5 Years
The Motley Fool· 2024-10-29 12:30
These three under-the-radar small-cap companies offer potential for substantial returns, though they come with higher volatility than their larger peers.Investors often overlook small-cap stocks in favor of household names, but these smaller companies can offer compelling opportunities for patient investors. While these investments typically experience more price volatility than their larger counterparts, the potential for substantial returns makes them worthy of consideration.Small-cap companies often oper ...
3 Artificial Intelligence Stocks No One Is Talking About but They Should Be
The Motley Fool· 2024-10-21 12:53
These three under-the-radar AI stocks are positioned for growth in the expanding artificial intelligence space.Artificial intelligence (AI) is transforming industries and creating massive economic opportunities. According to IDC research, AI spending will have a $19.9 trillion global economic impact by 2030. As the AI boom accelerates, savvy investors are looking beyond the usual suspects to find hidden gems poised to benefit from this technological revolution.Let's explore three companies quietly making wa ...