Core Viewpoint - Barrick Mining Corporation (NYSE:B) is recognized as one of the most profitable cheap stocks to invest in, with multiple analysts raising their price targets due to favorable market conditions for gold and precious metals [1][2][3]. Group 1: Price Target Increases - Scotiabank raised its price target on Barrick Mining from $43 to $63 while maintaining an Outperform rating, reflecting an overall positive outlook for the gold and precious minerals sector [1]. - Canaccord increased its price target on Barrick Mining from C$70 to C$80, keeping a Buy rating on the stock, indicating strong confidence in the company's performance [2]. - BofA Securities raised its price target from $50 to $58 while maintaining a Buy rating, citing intensified macroeconomic factors driving gold prices higher [3]. Group 2: Market Conditions - Analysts attribute the upward revisions in price targets to ongoing economic and geopolitical uncertainty, as well as strong central bank buying of gold and silver [1][3]. - The overall sentiment in the precious metals market is bolstered by a strong portfolio of gold and copper assets held by Barrick Mining [3].

Core Insights - Micron Technology, Inc. (NASDAQ:MU) is recognized as one of the most profitable cheap stocks to invest in currently, with HSBC raising its price target from $350 to $500 while maintaining a Buy rating due to a significant increase in DRAM prices [1] Financial Performance - HSBC anticipates Micron will report a Q2 fiscal 2026 operating profit of $12 billion, reflecting an 88% increase quarter-over-quarter, with sales projected at $20 billion, a 47% increase compared to the previous quarter [2] - The firm also forecasts a 45% increase in DRAM blended average selling prices quarter-over-quarter, up from an earlier estimate of 37% [2] Market Position and Growth Potential - William Blair initiated coverage of Micron with an Outperform rating, citing the company's strong position for profit growth driven by rising AI demand and ongoing supply constraints expected to last until 2027 [3] - The firm predicts a multi-year upcycle in the memory market, particularly benefiting from high-bandwidth memory (HBM) used in AI accelerators, which is becoming a bottleneck in AI systems [4] - William Blair forecasts Micron's non-GAAP EPS to grow by over 275% over the next two years [4] Company Overview - Micron Technology, Inc. is a leading semiconductor technology company known for its innovative memory and storage solutions, offering a portfolio that includes high-performance DRAM, NAND, and NOR memory products [5]

Core Insights - JPMorgan Chase & Co. has completed the acquisition of WealthOS, a UK-based pensions technology platform, enhancing its capabilities in the pensions industry [1][2][3] - The acquisition is expected to position JPMorgan to capitalize on the increasing demand for retirement planning products that provide stable income in later life [2] - BofA Securities has raised its price target for JPMorgan from $350 to $362, maintaining a Buy rating, citing the company's technological strengths as a driver for revenue growth [4] Company Overview - JPMorgan Chase & Co. is a leading American multinational financial services firm with significant roles in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management [5]