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10 Best Multibagger Stocks to Buy Now

In this article, we discuss the 10 best multibagger stocks to buy now. If you want to skip our discussion on the macroeconomic situation, go directly to 5 Best Multibagger Stocks to Buy Now.

Investors are concerned by the turmoil in the equity markets as there are rising concerns that the Federal Reserve will opt for excessive monetary tightening policies to combat inflation, resulting in a recession. The uncertainty can be gauged by the fact that the CBOE Volatility Index (VIX) is hovering around its highest level since June 17. The index measures the short-term volatility in the market.

Last week, the Dow Jones Industrial Average (DJIA) gave away 4% of its value and closed at its lowest level for 2022 on Friday, September 3. Meanwhile, the S&P 500 lost 4.6% of its value and closed at its lowest point since June 16. Similarly, the tech-heavy NASDAQ Composite suffered the biggest weekly decline of 5.1% amongst the notable market indices. Experts believe that the Federal Reserve is bracing itself for a recession so that inflation can come back to its long-term target of 2%. In a speech last week, Federal Reserve Chair Jerome Powell warned about economic pain on the way.

Analysts are continuously slashing earnings estimates across various sectors due to the dollar gaining strength against other notable currencies of the world and rising interest rates. Economic slowdown causes a contraction in profit margins. Given all this uncertainty, David Kostin at Goldman Sachs has slashed the year-end target for S&P 500 Index from 4,300 points to 3,600 points. Presently, the S&P 500 Index is hovering around the 3,700 points level. It must be noted that the index reached the previous target of 4,300 points in mid-August, but the dramatically rising benchmark interest rate is expected to cause a fall in the S&P 500 Index P/E multiple from 18x to 15x. This is the fourth downward revision in the target for the S&P 500 Index since the start of the year. The New York-based diversified financial services firm had initially anticipated the S&P 500 Index to end 2022 at around 5,100 points.

Under these strained economic circumstances, investors are looking for stocks that have generated healthy returns in the last year and are expected to provide more upside to investors moving forward. While stocks like NVIDIA Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), and Apple Inc. (NASDAQ:AAPL) offer long-term security, they haven’t generated returns as high as some of the best multibagger stocks like Target Hospitality Corp. (NASDAQ:TH) in the previous year. These stocks are gaining investors’ attention now due to their strong historical performance and bright growth prospects.

Our Methodology

We have included 10 stocks that have observed an increase of over 140%, at least, over the past 12 months. Furthermore, these stocks have a market capitalization of at least $300 million.

Best Multibagger Stocks to Buy Now

10. PBF Energy Inc. (NYSE:PBF)

Number of Hedge Fund Holders: 31

1-Year Stock Price Performance: 143.92%

PBF Energy Inc. (NYSE:PBF) is a Parsippany-Troy Hills, New Jersey-based petroleum refiner and supplier with six facilities and a daily refinery production of one million barrels.

In a research note issued on September 23, Ryan Todd at Piper Sandler increased the target price for PBF Energy Inc. (NYSE:PBF) from $45 to $49 and maintained an Overweight rating on the stock. The analyst believes that investors are blowing out the weak gasoline prices, especially in the Gulf Coast region, out of proportion. Todd thinks the market is underappreciating the current strength of the five Petroleum Administration for Defense Districts (PADD 5) gasoline margins that have jumped by over 180% in the last three weeks.

Citadel Investment Group held around 2.4 million shares in PBF Energy Inc. (NYSE:PBF), worth over $71 million as of Q2 2022.

9. CONSOL Energy Inc. (NYSE:CEIX)

Number of Hedge Fund Holders: 23

1-Year Stock Price Performance: 155.34%

CONSOL Energy Inc. (NYSE:CEIX) is a Pennsylvania-based company that owns the Pennsylvania Mining Complex. It is the biggest underground coal mine complex in North America.

Out of the top 10 biggest shareholders of the company, eight of them increased their stake in CONSOL Energy Inc. (NYSE:CEIX) during Q2 2022. David Einhorn’s Greenlight Capital is the biggest hedge fund holder of CONSOL Energy Inc. (NYSE:CEIX). The market value of the hedge fund’s stake stands at around $80 million.

In a research note issued on August 8, Lucas Pipes at B. Riley increased the price target on CONSOL Energy Inc. (NYSE:CEIX) stock from $63 to $79 and maintained a Buy rating. The analyst made the change in target price following the company’s strong Q2 2022 results.

Greenlight Capital shared its outlook on CONSOL Energy Inc. (NYSE:CEIX) in its Q2 2022 investor letter. Here’s what the firm said:

CONSOL Energy (NYSE:CEIX). The shares ended the quarter at $49.38. Though it trades at a nosebleed 2.6x book value, we expect the company to generate approximately $50 per share in after-tax free cash flow by the end of 2023. Capital returns have not yet begun, but we expect they will shortly.”

Of the 895 hedge funds in Insider Monkey’s database, CONSOL Energy Inc. (NYSE:CEIX) was held by 23 funds as of Q2 2022.

8. Lantheus Holdings, Inc. (NASDAQ:LNTH)

Number of Hedge Fund Holders: 39

1-Year Stock Price Performance: 162.59%

Lantheus Holdings, Inc. (NASDAQ:LNTH) is a Massachusetts-based company that develops, manufactures, and commercializes diagnostic and therapeutic products targeted toward precision diagnostics and radiopharmaceutical oncology. The company is at the eighth position on our list of the 10 best multibagger stocks to buy now.

Yuan Zhi at B. Riley resumed coverage on Lantheus Holdings, Inc. (NASDAQ:LNTH) stock with a Buy rating and a target price of $102 in an investor note issued on August 25. The analyst believes that Lantheus Holdings, Inc. (NASDAQ:LNTH) has a strong growth outlook following the launch of Pylarify, which is a prostate-specific membrane antigen (PSMA) that targets positron emission tomography (PET) imaging agents. The analyst highlighted that another ultrasound contrast agent, Definity, has a market share of over 80% and contributed $121 million to the company’s top line during the first half of 2022. Meanwhile, Pylarify had sales of $223 million during the same period. Pylarify is making a significant impact over other agents due to its availability.

Clearbridge Investments discussed its outlook on Lantheus Holdings, Inc. (NASDAQ:LNTH) in its Q1 2022 investor letter. Here’s what the firm said:

“While companies with immature business models and no profits exist throughout the market, there are certain sectors where they congregate more easily, such as health care. As access to cheap capital recedes, however, many of these specialty drug and biotech companies will likely find it challenging to dismiss long periods of unprofitability. While we have had limited exposure in the sector, our focus on finding high-quality companies at attractive valuations has yielded positive results. For example, Lantheus Holdings (NASDAQ:LNTH) is a global leader in medical diagnostic imaging whose core business suffered during the COVID-19 pandemic due to a dramatic decline in hospital visits. As hospitals return to a level of normalcy, Lantheus’s core business has rebounded. Additionally, in late 2021 the company received approval for its new radio-pharmacological drug, Pylarify, for the treatment of prostate cancer, and initial sales have been well ahead of expectations. We believe it has a strong future in oncology diagnosis and treatment. As a result, Lantheus was our strongest individual performer for the first quarter.”

7. Scorpio Tankers Inc. (NYSE:STNG)

Number of Hedge Fund Holders: 26

1-Year Stock Price Performance: 168.93%

Scorpio Tankers Inc. (NYSE:STNG) is a Monaco-based shipping company that owns and operates fuel tanker vessels with a portfolio of 131 tankers under its ownership. These tankers are partially or fully owned, bareboat, or finance leased.

On September 6, Omar Nokta at Jefferies reiterated a Buy rating on Scorpio Tankers Inc. (NYSE:STNG) stock and increased the target price from $50 to $57. The target price reflects a potential upside of over 43% from the closing price as of September 26. The analyst anticipates strong earnings during the winter months as the tension between Europe and Russia due to the Russia-Ukraine conflict would cause a decline in the transportation of crude oil through pipelines and result in higher dependence on fuel tanker vessels. Crude oil prices and tanker rates are at healthy levels, and this will benefit Scorpio Tankers Inc. (NYSE:STNG) in the coming months. The overall positive outlook on Scorpio Tankers Inc. (NYSE:STNG) stock makes it one of the best multibagger stocks to buy now.

6. Ardmore Shipping Corporation (NYSE:ASC)

Number of Hedge Fund Holders: 13

1-Year Stock Price Performance: 175.67%

Ardmore Shipping Corporation (NYSE:ASC) is a Bermuda-based owner and operator of chemical tankers.

Given the rise in crude oil production in US and Canada following the shale revolution from 2008 onwards, more oil needs to be transported from the refineries in US and Canada to the rest of the world. The surge in demand is even greater following the start of the conflict between Russia and Ukraine, as Russia has cut down the supply of crude oil to European countries. Furthermore, the recovery of the Chinese economy following the ease in COVID-19-related restrictions and lockdowns will also play in favor of Ardmore Shipping Corporation (NYSE:ASC), which has 21 petroleum product tankers and six chemical tankers under its helm. The company has oil giant BP p.l.c (NYSE:BP) as the biggest customer, accounting for 10% of deadweight tonnage (dwt) miles.

Although Ardmore Shipping Corporation (NYSE:ASC) isn’t as popular among the hedge funds as stocks like NVIDIA Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), and Apple Inc. (NASDAQ:AAPL), it still offers an attractive opportunity to earn exponential returns.

Click to continue reading and see 5 Best Multibagger Stocks to Buy Now.

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Disclose. None. 10 Best Multibagger Stocks to Buy Now is originally published on Insider Monkey

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…