3 Little-Known Stocks Poised to Dominate the Market

Core Viewpoint - The article emphasizes the potential of lesser-known stocks as investment opportunities, suggesting that they can significantly impact a portfolio if their financials are strong and analysts are optimistic about them [1]. Group 1: Rocket Labs USA (RKLB) - Rocket Labs became the first private company from the southern hemisphere to reach space in 2017 and has a current valuation of $2 billion with over 40 space launches completed [3]. - For the latest quarter, Rocket Labs reported revenue of $92.77 million, a 69% year-over-year increase, although slightly below the estimate of $94.99 million [4]. - The company expects revenue between $105 million and $110 million for the second quarter of 2024, and its loss of $0.09 per share was better than the estimated loss of $0.11 per share [5]. - Rocket Labs achieved a gross profit of $24.17 million, with a gross margin increase to 26% from 12% year-over-year [5]. - MarketWatch has an average Buy recommendation for RKLB, with 10 Buy ratings and 1 Hold rating [5]. Group 2: Kodiak Gas Services (KGS) - Kodiak Gas Services provides natural gas compression services for the oil and gas industry and had a lackluster market reception upon its stock market debut last June [9]. - The company reported revenue of $215.5 million this year, a 13% increase from the first quarter of 2023, and a net income of $30.2 million, improving from a $12.3 million loss in the same quarter last year [10]. - KGS shareholders can expect a cash dividend of $0.38 per share, totaling $1.52 per share for the year [10]. - As of May 28, KGS stock has an average Buy recommendation, with seven Buy ratings and one Hold rating [9]. Group 3: Procore Technologies (PCOR) - Procore Technologies develops software for construction companies, aiming to streamline construction processes [12]. - The company reported revenue of $269 million in the first quarter, a 26% increase year-over-year, and projects revenue of $274 to $276 million for the second quarter, indicating a potential 20% plus year-over-year jump [13]. - Procore's free cash inflow doubled to $58 million in the first quarter of 2024, up from $29 million in the previous quarter [14]. - Analysts are bullish on PCOR stock, with 12 Buy ratings and no Sell ratings on MarketWatch [14].