Grab (US:GRAB) Finbold·2024-07-13 12:57Group 1: Investment Opportunities - Low-priced stocks under $10 present a compelling opportunity for traders and investors aiming to maximize returns with modest outlay [1] - Investors can identify stocks with substantial growth potential through meticulous market analysis, which can diversify portfolios with high-potential, low-cost assets [2] Group 2: SoundHound AI (SOUN) - SoundHound AI's stock has a price-to-sales (P/S) ratio of 40.21, indicating market expectations for significant future growth [4] - Analysts have set an average price target of $7.50 for SOUN, representing a 20.97% increase from its last trading price of $6.20, giving it a 'strong buy' rating [4][10] - The company raised its low-end revenue guidance for the full year to $77 million from $65 million, reflecting positive growth expectations [11] - SoundHound AI has a market capitalization of $2.04 billion and reported revenue of $50.76 million over the last twelve months, with a gross profit of $15.26 million [11] Group 3: Grab Holdings (GRAB) - Grab Holdings operates in the ride-hailing and third-party delivery market, a global growth industry [5] - In the first quarter, Grab's revenue increased by 24% year-over-year, with adjusted EBITDA reaching a record $62 million [6] - Grab's on-demand gross merchandise value (GMV) surged 21% on a constant currency basis, indicating strong transaction growth [13] - The company has revised its profit outlook for the full year, now forecasting EBITDA between $250 million and $270 million, up from $180 million to $200 million [13] - Grab has a market capitalization of $14.18 billion and reported revenue of $1.43 billion over the last twelve months, with a gross profit of $988 million [13] - Analysts have set an average price target of $4.66 for GRAB, representing a 29.09% increase from its last trading price of $3.61, also giving it a 'strong buy' rating [16][17]