Hidden Stocks: 3 Quiet Kings Ready to Rule the Market

Group 1: Pagaya (PGY) - Pagaya generated a record network volume of $2.42 billion in Q1 2024, a 31% year-over-year increase, surpassing estimates of $2.2 billion to $2.4 billion [5][6] - The company recorded total revenue and other income of $245 million, exceeding expectations of $225 million to $240 million, driven by a 35% rise in income from fees [6][7] - Pagaya's partnership with a bank aims to expand its point-of-sale (POS) business, with plans to enter new markets in the second half of 2024 [6] Group 2: Intevac (IVAC) - Intevac received over $20 million in new orders in Q1 2024, primarily from HDD media technology updates, indicating market approval of its HAMR technology [9][10] - The company anticipates overall sales in the low $50 million range for 2024, with TRIO potentially generating sales beyond $10 million [11] - Intevac's engagement with major OEMs and suppliers has improved its market reach and delivery capabilities [10] Group 3: Teradata (TDC) - Teradata's technology addresses the growing demand for large-scale AI-driven analytics, with innovations like AI Unlimited and VantageCloud [13] - The company projects maintaining current growth ranges for recurring revenue and total annual recurring revenue (ARR) while expecting a reacceleration in cloud ARR [14] - Teradata aims to reach $1 billion in cloud ARR by 2025, demonstrating resilience and strategic planning despite short-term market changes [15]