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10 Trending Stocks on Tuesday

In this article, we will take a look at the 10 trending stocks on Tuesday. If you want to check out some other trending stocks on the list, go directly to 5 Trending Stocks on Tuesday.

U.S. stock futures rose on Tuesday. The surge came after a smaller-than-expected rise in the producer price index for the month of October. The index inched up 0.2 percent during the last month versus the consensus forecast calling for a 0.4 percent rise. The report indicates a slight decline in inflation during the last month, raising hopes that the Fed might change the pace of its rate hikes in the near future.

Meanwhile, Walmart Inc. (NYSE:WMT), The Home Depot, Inc. (NYSE:HD) and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) made their way into the headlines this morning.

Walmart Inc. (NYSE:WMT) and The Home Depot, Inc. (NYSE:HD) were trending after releasing their earnings reports. On the other hand, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) caught investors’ attention following the news that Berkshire Hathaway has acquired about $4 billion worth of stock in the semiconductor company.

In addition, video-streaming giant Netflix, Inc. (NASDAQ:NFLX) and e-commerce behemoth Amazon.com, Inc. (NASDAQ:AMZN) were also on the list of 10 trending stocks on Tuesday. Check out the complete article to see why these stocks came into the limelight.

10. Tencent Music Entertainment Group (NYSE:TME)

Number of Hedge Fund Holders: 14

Shares of Tencent Music Entertainment Group (NYSE:TME) climbed to a nearly nine-month high after the opening bell today. The surge was driven by the company’s earnings beat for the third quarter.

Tencent Music Entertainment Group (NYSE:TME) reported adjusted earnings of 12 cents per share, topping expectations of 7 cents. Moreover, paying users jumped for the quarter 19.8 percent on a year-over-year basis to 85.3 million.

On the downside, Tencent Music Entertainment Group (NYSE:TME) missed sales expectations for the quarter due to the weak performance of its social entertainment segment. The Chinese music entertainment giant produced revenue of $1.04 billion, up 5.6 percent versus last year but below analysts’ average estimate of $1.23 billion.

Tencent Music Entertainment Group (NYSE:TME) also released its segment-wise sales results. Revenue from its online music services jumped 18.8 percent to $482 million, while revenue from its social entertainment services fell 20 percent to $553 million in the quarter.

9. Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Number of Hedge Fund Holders: 23

Shares of Shoals Technologies Group, Inc. (NASDAQ:SHLS) soared more than 30 percent this morning after beating financial expectations for the third quarter and lifting its outlook for the full year.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) earned 10 cents per share on an adjusted basis, up from 7 cents per share in the year-ago period and above expectations of 8 cents per share. Revenue for the quarter climbed 52 percent on a year-over-year basis to $90.8 million, beating estimates of $83.07 million

For fiscal 2022, Shoals Technologies Group, Inc. (NASDAQ:SHLS) now expects adjusted earnings in the range of $48 – $53 million and revenue between $310 – $325 million. Previously, it was looking to post adjusted earnings of $45 – $53 million and revenue of $300 – $325 million.

8. Berry Global Group, Inc. (NYSE:BERY)

Number of Hedge Fund Holders: 37

Berry Global Group, Inc. (NYSE:BERY) is next on the list of 10 trending stocks on Tuesday. The plastic packaging company came into focus after releasing the financial results for its fiscal fourth quarter.

The Indiana-based company reported adjusted earnings of $2.19 per share, while analysts were looking for $2.13 per share. In addition, Berry Global Group, Inc. (NYSE:BERY) posted revenue of $3.42 billion, down 6.7 percent on a year-over-year basis and below expectations of $3.63 billion.

Looking forward, Berry Global Group, Inc. (NYSE:BERY) guided for adjusted earnings in the range of $7.30 – $7.80 per share. The outlook compares to analysts’ average estimate for earnings of $7.80 per share.

7. The Estée Lauder Companies Inc. (NYSE:EL)

Number of Hedge Fund Holders: 46

Investors are closely watching The Estée Lauder Companies Inc. (NYSE:EL) today after multiple reports suggested that the New York-based cosmetics giant is nearing an agreement to acquire Tom Ford.

The deal will reportedly include eyewear and apparel segments of Tom Ford. The Estée Lauder Companies Inc. (NYSE:EL) could pay up to $2.8 billion for the transaction, making it its biggest deal ever.

Shares of The Estée Lauder Companies Inc. (NYSE:EL) rose nearly three percent on Tuesday morning following the reports.

Besides The Estée Lauder Companies Inc. (NYSE:EL), Walmart Inc. (NYSE:WMT), The Home Depot, Inc. (NYSE:HD) and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), were also trending on Tuesday.

6. Sea Limited (NYSE:SE)

Number of Hedge Fund Holders: 65

Shares of Sea Limited (NYSE:SE) skyrocketed over 30 percent this morning after posting a narrower-than-expected loss for the third quarter. The Singapore-based consumer Internet company reported a loss of 66 cents per share, compared to a loss of 84 cents per share in the year-ago period.

In addition, Sea Limited (NYSE:SE) posted revenue of $3.2 billion, representing a jump of 17.4 percent over the same period of 2021. The results were better than analysts’ average estimate for a loss of $1.09 per share on revenue of $3 billion.

Sea Limited (NYSE:SE) was able to surpass expectations primarily due to its cost-cutting efforts. The company slashed around 7,000 jobs over the past six months to steer through an uncertain economic environment. Meanwhile, it also shut down operations in certain countries to make up for the slow growth.

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Disclosure: None. 10 Trending Stocks on Tuesday 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.

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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.

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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.

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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.

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

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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…