In this article, we will take a look at the 10 stocks receiving a massive vote of approval from Wall Street analysts.
European equities faced challenges in extending recent gains seen in the US, as market participants awaited new drivers for momentum. US equity futures remained stable in subdued holiday trading conditions following another record-breaking session for major indices, buoyed by strong performances in technology stocks, particularly in artificial intelligence sectors. Conversely, the broader European Stoxx 600 edged lower by 0.2%, stepping back after consecutive days of modest gains, amid ongoing concerns over political tensions in France.
Bond yields across the eurozone saw marginal increases, reflecting cautious investor sentiment. Meanwhile, the Brazilian real came under pressure ahead of an imminent central bank rate decision. In monetary policy news, Federal Reserve officials reiterated a patient stance on potential interest rate adjustments, highlighting the need for sustained evidence of easing inflationary pressures. Fed Governor Adriana Kugler suggested that a rate cut could be appropriate “sometime later this year,” contingent upon economic developments aligning with expectations. St. Louis Fed President Alberto Musalem echoed this sentiment, emphasizing the importance of data confirming a conducive economic environment over multiple quarters.
Turning to commodities, oil prices retreated from recent highs as reports indicated a build-up in US crude inventories, dampening optimism despite ongoing strength in equity markets. Brent crude declined towards $85 per barrel after earlier touching its highest level since early May, while West Texas Intermediate held steady above $81 per barrel. The American Petroleum Institute’s data pointed to a third consecutive weekly increase in US crude stockpiles, with additional rises noted at major storage facilities like Cushing, Oklahoma. Overall, market participants navigate a landscape characterized by cautious optimism amid lingering uncertainties. The focus remains on economic data releases and geopolitical developments, which are expected to provide clarity and direction for global markets in the days ahead.
U.S. retail sales in May showed marginal growth, with the Commerce Department reporting a modest 0.1% increase, which was downwardly revised from April’s figures. This subdued uptick suggests that economic activity in the second quarter remained lackluster. Analysts caution that the reported slowdown in retail sales might be somewhat exaggerated due to lower gasoline prices, which dragged down receipts at service stations. According to Reuters, the broader economic landscape is being shaped by persistent inflationary pressures and rising interest rates, factors that are increasingly influencing consumer behavior. Many households are focusing on essential purchases while scaling back on non-essential spending, reflecting a cautious approach amidst economic uncertainties. Economists view the tepid retail sales data as bolstering the case for a potential interest rate cut by the Federal Reserve in September, despite the central bank’s recent decision to delay rate adjustments until later in the year.
In contrast to the subdued retail sector, manufacturing production surged 0.9% in May, rebounding strongly from April’s decline. This uptick in manufacturing output, particularly in durable goods and nondurable goods sectors, signals a potential revival in industrial activity. However, economists remain cautious about the sustainability of this recovery, citing concerns over high interest rates dampening business investment and a strong U.S. dollar limiting demand for manufactured goods in global markets. Overall, while retail sales paint a cautious consumer spending picture, the rebound in manufacturing production offers a glimmer of optimism for economic growth in the coming months, albeit amidst a backdrop of ongoing uncertainties and policy considerations by the Federal Reserve.
The Bank of England is poised to maintain its current interest rates despite headline inflation hitting the targeted 2% mark, marking a significant achievement not seen in nearly three years. Traders are increasingly convinced that an immediate rate cut is unlikely, with only a minimal 5% probability priced into money markets for a reduction during Thursday’s BOE meeting, down from earlier forecasts. Anticipation for an August rate cut has also eased to around 30%. While the 2% inflation milestone is noteworthy, driven largely by declining energy prices, market attention remains on services inflation, which exceeded expectations at 5.7%. Core inflation, excluding volatile components like energy and food, remained elevated at 3.5%, well above the central bank’s preferred target. James Sproule, chief economist at Handelsbanken, emphasized that while recent seasonal factors have contributed to easing food prices, the outlook for the rest of the year suggests potential inflationary pressures could re-emerge, especially in services inflation linked closely to wage dynamics. The Bank of England, keeping a watchful eye on economic indicators amidst an impending national election, faces a delicate decision on future rate cuts. Despite encouraging inflation readings, concerns persist over stubbornly high wage growth, which stood at 6% excluding bonuses in June, complicating monetary policy decisions. Looking ahead, analysts speculate whether the BOE will opt for a rate adjustment in August or September, closely monitoring liquidity conditions and any shifts in economic sentiment post-election. Governor Andrew Bailey’s recent comments suggest a cautious optimism in the central bank’s inflation forecasts, aligning with a similar stance taken by the European Central Bank in its recent policy adjustments.
10 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts
In this article we listed 10 companies that were upgraded by analysts and ranked them by the change in their market prices. Positive changes signal that the market participants agree with the analysts’ assessment.
10. Capri Holdings Limited (NYSE:CPRI)
Price Reaction after the Upgrade: -0.27(-0.84%)
On June 17, Citi analysts upgraded Capri Holdings Limited (NYSE:CPRI), a prominent player in the global luxury fashion industry, from a “Neutral” rating to a “Buy.” This upgrade was based on the analysts’ belief in the substantial upside potential of Capri Holdings Limited (NYSE:CPRI), irrespective of its ongoing acquisition by Tapestry, Inc. (NYSE:TPR). Capri Holdings Limited (NYSE:CPRI), which owns renowned brands such as Michael Kors, Versace, and Jimmy Choo, has demonstrated strong independent growth potential that warrants this upgraded rating. Tapestry, Inc., another key entity in the luxury fashion market with brands like Coach, Kate Spade, and Stuart Weitzman, announced its plans in 2023 to acquire Capri Holdings for $8.5 billion. This acquisition aims to form a robust luxury conglomerate, enhancing market reach and diversifying its brand portfolio. Despite the announcement of this significant merger, Citi’s upgrade suggests a confident outlook on Capri Holdings Limited (NYSE:CPRI) strategic direction, brand equity, and market opportunities as an independent entity. This confidence is seen as a compelling reason for investors to consider Capri Holdings a valuable addition to their portfolios in the luxury fashion sector. Following the upgrade by Citi analysts, the stock price of Capri Holdings Limited (NYSE:CPRI) experienced a slight decline of 0.84%, reflecting the market’s immediate reaction. However, the upgrade underscores the long-term investment appeal of Capri Holdings Limited (NYSE:CPRI), highlighting its strong positioning and growth prospects within the luxury fashion industry.
Alger Small Cap Growth Fund made the following comment about Capri Holdings Limited (NYSE:CPRI) in its Q3 2023 investor letter:
“Capri Holdings Limited (NYSE:CPRI) is a global fashion retailer with over 1,300 stores around the world. The company operates a portfolio of luxury handbags and other accessories, including Michael Kors, Versace and Jimmy Choo. During the period, shares contributed to performance after the company received a cash offer from its closest competitor, Tapestry, Inc., the owner of Coach, Kate Spade and Stuart Weitzman, for $57 per share or a 63% premium to where the stock was trading on the day it was announced. The deal has been approved by the company’s board. We believe there is minimal regulatory risk related to the deal and expect the deal to close by the end of the calendar year.”
09. Sunoco LP (NYSE:SUN)
Price Reaction after the Upgrade: -0.16(-0.29%)
On June 18, Citi analysts upgraded Sunoco LP (NYSE:SUN) from “Neutral” to a “Buy” rating, reflecting their optimism about the company’s growth prospects within the energy sector. The upgrade was driven by several positive factors, including Sunoco LP (NYSE:SUN) robust fundamentals, strong market position, and appealing valuation. Citi highlighted that improvements in the broader energy market, coupled with Sunoco LP (NYSE:SUN) strategic initiatives, are expected to bolster the company’s profitability and enhance returns for investors. Citi’s analysis pointed to Sunoco LP (NYSE:SUN) solid financial foundation and strategic market positioning as key reasons for their upgraded rating. Additionally, the energy sector’s recent advancements and Sunoco LP (NYSE:SUN) proactive strategies aimed at increasing efficiency and expanding market share were seen as critical drivers of future growth. Following this upgrade, the stock price of Sunoco LP (NYSE:SUN) saw a slight decrease of 0.29%, reflecting the immediate market reaction. Despite this minor dip, Citi’s upgrade underscores a positive outlook on Sunoco LP (NYSE:SUN) performance and potential within the current market environment, making it an attractive consideration for investors looking at the energy industry.
08. STMicroelectronics N.V. (NYSE:STM)
Price Reaction after the Upgrade: -0.02(-0.05%)
On June 18, Goldman Sachs upgraded STMicroelectronics N.V. (NYSE:STM), a prominent player in the semiconductor industry, from a “Sell” to a “Neutral” rating. This upgrade is based on an improved outlook for the company, with a revised price target raised from $35.50 to $45.80, suggesting a potential upside of 6.31% from its current trading levels. The upgrade was attributed to several positive factors, including STMicroelectronics N.V. (NYSE:STM) consistent revenue growth, strategic emphasis on innovation, and a diversified product portfolio that minimizes dependence on any single market segment. Goldman Sachs highlighted the company’s robust financial performance in recent quarters, driven by high demand for its STM32 microcontrollers and other advanced products. These factors collectively contributed to the revised rating and optimistic price target. Despite these positive aspects, the semiconductor industry is known for its cyclical nature, which poses certain risks. Potential challenges include economic downturns, intense competition, global supply chain disruptions, and geopolitical tensions, all of which could impact STMicroelectronics N.V. (NYSE:STM) profit margins and market share. Following the upgrade by Goldman Sachs, STMicroelectronics N.V. (NYSE:STM) stock price saw a marginal decline of 0.05%, indicating a slight immediate market reaction. Nonetheless, the upgrade underscores a more favorable outlook for STMicroelectronics N.V. (NYSE:STM) within the semiconductor industry, reflecting confidence in the company’s strategic direction and market positioning.
07. Juniper Networks, Inc. (NYSE:JNPR)
Price Reaction after the Upgrade: +0.04(+0.11%)
On June 18, Argus Research upgraded Juniper Networks, Inc. (NYSE:JNPR), a significant player in the networking industry, from “Hold” to a “Buy” rating, driven by optimism regarding its recent deal with Hewlett Packard Enterprise (HPE). This upgrade follows the announcement of HPE’s $14 billion acquisition of Juniper Networks, Inc. (NYSE:JNPR), a strategic move expected to considerably enhance HPE’s artificial intelligence (AI) and cloud capabilities. The acquisition is set to strengthen HPE’s position in the networking market by doubling its networking business and integrating Juniper Networks’ AI-native solutions. HPE plans to leverage this acquisition to drive innovation and expand its total addressable market, with a particular focus on AI and cloud-native environments. The combined entity aims to deliver comprehensive, secure, end-to-end AI-native solutions, improving user experiences and operational efficiencies. Juniper Networks, Inc. (NYSE:JNPR) shareholders will benefit from this deal by receiving $40 per share in cash, representing a premium of approximately 32% over the stock’s closing price before the acquisition announcement. The transaction is expected to be finalized by late 2024 or early 2025, pending regulatory approvals and other customary conditions. Following the upgrade by Argus Research, Juniper Networks, Inc. (NYSE:JNPR) stock price experienced a slight increase of 0.11%, reflecting a modest positive market reaction. This upgrade underscores a favorable outlook for Juniper Networks, Inc. (NYSE:JNPR) within the networking industry, highlighting the anticipated benefits of the acquisition and the enhanced growth prospects for the company.
06. Greif, Inc. (NYSE:GEF)
Price Reaction after the Upgrade: +0.82(+1.33%)
On June 17, Greif, Inc. (NYSE:GEF), a leading company in the packaging and containers industry, received an upgraded rating from Bank of America. The rating was elevated from “Neutral” to “Buy,” with an increased price target from $76.00 to $77.00. This upgrade is based on several positive developments in Greif, Inc. (NYSE:GEF) recent performance. Firstly, Greif, Inc. (NYSE:GEF) second-quarter results exceeded expectations, prompting the company to revise its full-year financial guidance upward. The stronger-than-anticipated revenue and Adjusted EBITDA figures contributed to this optimistic outlook. Specifically, Greif, Inc. (NYSE:GEF) raised its 2024 Adjusted EBITDA (AEBITDA) guidance to a range of $675 million to $725 million, marking a significant 14.8% increase from initial estimates. This adjustment reflects confidence in the company’s operational strategies and favorable market conditions. The Greif Business System (GBS), which focuses on internal improvements, has positively impacted the company despite fluctuations in segment volumes. Additionally, the strategic acquisition of IPACKCHEM is expected to enhance Greif, Inc. (NYSE:GEF) market position and future growth trajectory, although analysts are keeping an eye on its long-term effects. Despite facing challenges in the Asian market and certain product segments such as plastic jerry cans, Greif, Inc. (NYSE:GEF) has demonstrated resilience, particularly benefiting from strong volume trends in the EMEA (Europe, Middle East, and Africa) regions. Following Bank of America’s upgrade, Greif, Inc. (NYSE:GEF) stock price rose by 1.33%, indicating a positive market response. This upgrade reflects Bank of America’s optimism about Greif, Inc. (NYSE:GEF) strategic initiatives and overall prospects, acknowledging the company’s effective navigation through market challenges and its potential for continued growth.
05. The Kroger Co. (NYSE:KR)
Price Reaction after the Upgrade: +0.93(+1.82%)
On June 17, Telsey Advisory Group reaffirmed its Outperform rating on The Kroger Co. (NYSE:KR), maintaining a price target of $62.00. This decision reflects confidence in The Kroger Co. (NYSE:KR) strategic initiatives despite a mixed consumer spending environment. The Kroger Co. (NYSE:KR) strategic focus on freshness, digital capabilities, and customer loyalty is expected to counterbalance challenges such as slower unit recovery and price deflation in certain categories. The U.S. Census Bureau reported fluctuations in Food & Beverage Stores retail sales, with increases in February and March followed by a decrease in April, alongside a steady climb in the Food-At-Home Consumer Price Index (CPI) from February through May. The Kroger Co. (NYSE:KR) is expected to benefit from its “Leading with Fresh and Accelerating with Digital” strategy, aiming to expand market share by entering new regions, enhancing product offerings, improving digital interactions, and fostering customer loyalty. This transition to a food-first business model is anticipated to open new avenues for profitability, particularly in personal finance and advertising/media, which are expected to significantly enhance The Kroger Co. (NYSE:KR) profit profile over time.
In other developments, The Kroger Co. (NYSE:KR) has proposed a merger with Albertsons Companies Inc., which includes the sale of an additional 166 stores to C&S Wholesale Grocers to address antitrust concerns, as part of the ongoing process to secure regulatory approval for the merger. The Kroger Co. (NYSE:KR) earnings guidance for 2024 is set at $4.40 per share, with potential to exceed $5 in 2025, provided EBIT growth resumes and the share repurchase is executed. Revenue projections indicate a stable trajectory, with $150,039 million expected for 2024. Additionally, analysts from Wells Fargo have upgraded Kroger’s stock to Overweight and raised the price target to $65.00, reflecting renewed confidence in the company’s market position and growth potential. Following Telsey’s reaffirmation of its rating, The Kroger Co. (NYSE:KR) stock price increased by 1.82%, indicating a strong market response and confidence in the company’s strategic direction and growth prospects.
In its fourth quarter 2023 investor letter, Oakmark Global Fund stated the following regarding The Kroger Co. (NYSE:KR):
“The Kroger Co. (NYSE:KR) (U.S.) is the second-largest grocery retailer in America, behind only Walmart. Although the grocery industry is highly competitive, Kroger’s scale advantages allow it to offer a more compelling value proposition than smaller peers and earn higher returns on capital. In recent years, the market has assigned Kroger a lower multiple due to concerns that e-commerce would disrupt traditional brick-and-mortar grocery businesses. However, we believe Kroger’s performance through the pandemic highlighted that its store footprint, distribution infrastructure, technology investments and strong brand all position the company well for a world with higher online grocery adoption. The stock trades for just 10x our estimate of next year’s EPS, which we believe is attractive given Kroger’s competitive positioning and earnings growth outlook. The pending merger with Albertsons could accelerate the company’s earnings growth and produce additional scale advantages. If the merger is not approved, the company will have the capacity to return over 25% of its market cap to shareholders.”
04. Newmont Corporation (NYSE:NEM)
Price Reaction after the Upgrade: +0.88(+2.15%)
On June 17, UBS analyst Daniel Major upgraded Newmont Corporation (NYSE:NEM), a leading company in the mining industry, from “Neutral” to “Buy”, raising the price target from $40 to $50. This upgrade is based on Major’s bullish outlook on gold prices, which he forecasts to be about 30% higher than the current consensus for 2025. This positive outlook is expected to result in consensus earnings upgrades, with UBS’s estimated EBITDA for Newmont Corporation (NYSE:NEM) in 2025 being over 30% higher than market expectations. The upgrade follows a period of underperformance by Newmont Mining, which has lagged behind both the gold price and its peers by around 60% since 2019. This underperformance was largely due to Newmont Corporation (NYSE:NEM) historical challenges in meeting its own guidance. However, UBS now believes that Newmont Corporation (NYSE:NEM) guidance is achievable, potentially generating positive operational momentum and shifting the currently skeptical investor sentiment. Additionally, UBS anticipates that Newmont Corporation (NYSE:NEM) will undertake significant divestments, estimated between $2 billion to $4 billion over the next 12 months. These sales are expected to expedite the company’s deleveraging process and enhance cash returns to shareholders. Strategically, these divestments will help streamline Newmont Corporation (NYSE:NEM) operations, positioning it with one of the most attractive portfolios in the industry. Post-divestment, Newmont is expected to have predominantly large, long-life assets in low-risk jurisdictions, along with appealing brownfield growth projects. Following the upgrade, Newmont Corporation (NYSE:NEM) stock price rose by 2.15%, indicating a positive market reaction to the improved outlook and strategic initiatives highlighted by UBS.
03. Best Buy Co., Inc. (NYSE:BBY)
Price Reaction after the Upgrade: +2.37(+2.60%)
On June 17, UBS analysts upgraded Best Buy Co., Inc. (NYSE:BBY), a key player in the electronics retail industry, from “Neutral” to “Buy”, raising the price target from $85 to $106 per share. This upgrade is driven by several factors that present a compelling risk-reward proposition for investors, leading to a potential outperformance. UBS analysts highlighted multiple drivers of potential upside over the next 18 months, including an improving housing market, which is positively correlated with appliance sales, an impending electronics replacement cycle, and increased adoption of AI-powered devices. UBS estimates these factors could boost sales by an average of 2 percentage points. Additionally, Best Buy Co., Inc. (NYSE:BBY) expansion into new product categories such as e-bikes and furniture offers further growth opportunities. UBS expects these elements to contribute to a “nice recovery” in Best Buy’s sales in the latter half of 2024 and into 2025, emphasizing the company’s historical strength in capturing market share during early stages of product cycles.The report also credits Best Buy Co., Inc. (NYSE:BBY) restructuring efforts, noting that a significant reduction in staffing levels per store has improved its earnings potential. Analysts suggest that even a slight increase in staffing, coupled with a 3% rise in comparable sales next year, could drive EPS to $7.30, surpassing the current consensus estimate of $6.70. Beyond these growth catalysts, UBS highlights Best Buy Co., Inc. (NYSE:BBY) attractive valuation. The company’s current dividend yield of 4.3%, its 30% discount to the S&P 500, and a strong cash position provide significant downside support. UBS believes the stock is undervalued and not fully reflecting Best Buy Co., Inc. (NYSE:BBY) earnings potential. Following the upgrade, Best Buy Co., Inc. (NYSE:BBY) stock price rose by 2.60%, indicating a positive market reaction to UBS’s improved outlook and strategic insights.
Mairs & Power Growth Fund stated the following regarding Best Buy Co., Inc. (NYSE:BBY) in its fourth quarter 2023 investor letter:
“We added two smaller positions to the portfolio in the fourth quarter as well—Piper Sandler (PIPR) and Best Buy Co., Inc. (NYSE:BBY)–both of which are Minnesota-based. We also initiated a position in Best Buy, a leading electronics retailer with more than 1,000 stores nationwide. We’ve been impressed with management’s ability to navigate a difficult retail landscape, gaining share amongst its offline competitors. The consumer electronics market is suffering from a spending hangover after the Pandemic, but we are starting to see green shoots of a recovery; in the meantime, Best Buy offers a 5% dividend.”
02. Bilibili Inc. (NASDAQ:BILI)
Price Reaction after the Upgrade: +0.47(+2.99%)
On June 18, JPMorgan upgraded Bilibili Inc. (NASDAQ:BILI), a prominent player in the online entertainment and gaming industry, from “Neutral” to “Overweight”. The upgrade reflects several positive indicators signaling significant potential upside for the company. JPMorgan analysts highlighted a favorable near-term outlook for Bilibili Inc. (NASDAQ:BILI) stock, driven by management’s target of achieving double-digit revenue growth in 2024, aligned with a consensus expectation of 14% year-over-year growth. Key factors contributing to this upgrade include anticipated revenue expansion and the launch of new gaming titles. JPMorgan believes Bilibili Inc. (NASDAQ:BILI) can achieve its ambitious revenue goals through successful new game releases and robust growth in live streaming. Titles like “Three Kingdom” and “Heaven Burns Red,” scheduled for release from Q2 2024, are expected to notably bolster gaming revenue. Operational efficiency is also pivotal, with Bilibili Inc. (NASDAQ:BILI) recently reporting two consecutive quarters of positive operating cash flow and aiming for non-GAAP operating profit breakeven by Q3 2024. This performance underscores effective cost management and a strategic shift toward higher-margin products, bolstering the positive outlook.
Additionally, Bilibili Inc. (NASDAQ:BILI) strategic emphasis on high-margin advertising solutions and the integration of e-commerce features within ads, such as shopping links and coupons, are anticipated to drive substantial growth in its advertising segment. The company forecasts over 25% year-over-year growth in advertising revenue for 2024, reinforcing confidence in its growth trajectory. Overall, these factors suggest limited downside risk for Bilibili Inc. (NASDAQ:BILI) stock over the next 3-6 months, with potential for outperformance if new game releases and strategic initiatives surpass expectations. Following the upgrade, Bilibili Inc. (NASDAQ:BILI) stock price increased by 2.99%, reflecting positive market sentiment towards JPMorgan’s optimistic outlook and strategic analysis.
Artisan Developing World Fund made the following comment about Bilibili Inc. (NASDAQ:BILI) in its second quarter 2023 investor letter:
“Bottom contributors to performance for the quarter included Chinese video streaming platform Bilibili Inc. (NASDAQ:BILI). Bilibili fell after reported gaming revenue decay in legacy titles and an underwhelming advertising recovery, though cost-cutting measures and balance sheet optimization have been visible.”
01. QuinStreet, Inc. (NASDAQ:QNST)
Price Reaction after the Upgrade: +0.62(+3.98%)
On June 18, Craig-Hallum announced an upgrade for QuinStreet, Inc. (NASDAQ:QNST), a company entrenched in the technology and industrial sectors. They raised QuinStreet, Inc. (NASDAQ:QNST) rating from “Hold” to “Buy” and concurrently set a new price target of $22 per share. This adjustment underscores Craig-Hallum analyst Greg Palm’s growing confidence in QuinStreet, Inc. (NASDAQ:QNST) potential for expansion and its competitive positioning within its market niche. The decision to upgrade was influenced by QuinStreet, Inc. (NASDAQ:QNST) recent performance trends and strategic maneuvers aimed at fortifying its market presence. These initiatives are expected to not only sustain but accelerate the company’s growth trajectory, fostering improved profitability in the foreseeable future. Jason Kreyer, recognized for his astute analysis of technology and industrial sectors, has historically provided insightful assessments. His recommendation reflects a thorough evaluation of QuinStreet, Inc. (NASDAQ:QNST) operational strengths and strategic initiatives. This upgrade signals Craig-Hallum’s belief that QuinStreet, Inc. (NASDAQ:QNST) is well-positioned to capitalize on emerging opportunities, thus attracting positive investor sentiment and driving the stock price upwards by 3.98% following the announcement.
Next Century Growth Investors Micro-Cap Strategy stated the following regarding QuinStreet, Inc. (NASDAQ:QNST) in its first quarter 2024 investor letter:
“QuinStreet, Inc. (NASDAQ:QNST) is an advertising technology company that powers online marketplaces to match searching consumers with brands in large end markets such as insurance, home services, credit cards, personal loans, and banking. With one of the largest media networks, QNST allows consumers to find brands faster, while giving the brands measurability of digital media spend. We have owned QNST in the past. Since then, they have streamlined the business by eliminating a few problematic end markets, and their largest vertical, insurance, appears to be back in growth mode. We believe QNST’s revenue growth can accelerate from current levels, which should also drive solid operating margin expansion and earnings growth.”
While we acknowledge the potential of QNST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than QuinStreet (NASDAQ:QNST) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None.
