Market Overview - The S&P 500 ended March on a positive note despite a 6% decline in Q1, while the Nasdaq fell over 10% due to tariff uncertainty and profit-taking after a strong market recovery from 2022 lows [1] - Wall Street is currently struggling to find direction as it awaits updates on tariffs from Trump on April 2 [1] Earnings Outlook - The Nasdaq has dropped to neutral RSI levels, and the earnings growth outlook remains strong, with the Fed projected to cut interest rates twice in 2025 [2] Investment Opportunities - There is a focus on finding cheap stocks trading for $10 or less, with Wall Street analysts optimistic about their improving earnings outlooks [3] - Stocks priced under $10 are generally less risky than penny stocks, which are defined as stocks trading under $5 [4][6] Stock Screening Criteria - A screening process has been established for stocks under $10, including parameters such as an average broker rating of 3.5 or lower, a minimum trading volume of 1,000,000, and a Zacks Rank of 2 or better [8][9] - Rolls-Royce (RYCEY) is highlighted as a strong candidate, having increased over 650% in the past three years and currently trading at $10, which is 49% below its average Zacks price target of $14.60 [7][13] Rolls-Royce Performance - Rolls-Royce has seen a 55% increase in operating profit in 2024, with sales up by 16%, and is on track to quadruple profits by 2028 [10] - The company has reinstated its dividend and initiated a share buyback program, with projected revenue growth of 19% in 2025 and 8% in 2026, leading to adjusted earnings growth of 27% and 19%, respectively [11]