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BGC Group to Report First Quarter 2025 Financial Results on May 7, 2025
Prnewswire· 2025-04-08 12:00
Core Points - BGC Group, Inc. will announce its first quarter 2025 financial results on May 7, 2025, at approximately 8:00 a.m. ET, followed by a conference call at 10:00 a.m. ET [1][2][3] Group 1 - The conference call for the financial results will be accessible via the company's investor relations website [2][3] - Participants can pre-register for the conference call and listen to a replay on the same website [3] - U.S. and international dial-in numbers for the live call are provided for participants [4] Group 2 - BGC Group, Inc. is a leading global marketplace and financial technology services company, serving a wide range of products including fixed income, foreign exchange, and commodities [5] - The company has partnered with leading global investment banks to create FMX, which includes a U.S. interest rate futures exchange and a spot foreign exchange platform [6]
Finding the Best Cheap Stocks Under $10 to Buy in March
ZACKS· 2025-03-04 20:06
Market Overview - The stock market is experiencing a selloff as Wall Street shifts to a risk-off mode, influenced by the economic impact of the tariff battle [1] - The Nasdaq is approaching correction territory, primarily due to significant declines in Nvidia and other AI-related stocks, despite Nvidia's impressive long-term performance [1] Investor Sentiment - A contrarian buying signal, CNN's Fear & Greed Index, has dropped from a neutral level of around 50 in mid-February to an extreme fear level of 15, indicating a potential buying opportunity for long-term investors [2] - The Federal Reserve is projected to cut interest rates in 2025, with S&P 500 earnings per share (EPS) expected to grow by 13.2% in 2025 and 13.6% in 2026, compared to a projected growth of 7.4% in 2024 [2] Stock Selection Criteria - The article discusses strategies for identifying cheap stocks trading for $10 or less, suggesting that investors should consider buying during the current market weakness [3] - Stocks under $10 are categorized into penny stocks (under $5) and slightly less risky stocks (between $5 and $10), with the latter being more recognizable to investors [4][6] Stock Screening Parameters - A screening process is outlined for selecting stocks under $10, which includes criteria such as an average broker rating of 3.5 or lower, a minimum of two analysts covering the stock, and a Zacks Rank of 2 or better [7][8][9] BGC Group Analysis - BGC Group, Inc. is highlighted as a potential investment opportunity, with a projected revenue growth of 13% in 2023 and 12% in 2024, alongside a 21% increase in adjusted earnings for FY24 [10] - The company serves a diverse clientele and has reported trading volumes exceeding last year's first-quarter records [11] - BGC is expected to achieve an 8% revenue growth in 2025 and a 10% increase in sales in 2026, with adjusted earnings projected to grow by 17% in both years [12] - BGC stock has appreciated by 95% over the last five years, outperforming the Zacks Finance sector, and currently trades at a 50% discount to its sector with a dividend payout [12][13]