AI Stocks Dominate Monday’s Top 10 Performers

4. Frontline Plc (NYSE:FRO)

Frontline Plc saw its share prices jump by 11.38 percent on Monday to end at $14.29 apiece as investors hunted for bargains following three straight days of losses.

FRO, a leading shipping firm of crude oil and refined products, recently earned a “strong buy” rating from Zacks Research.

“An upward trend in earnings estimates—one of the most powerful forces impacting stock prices—has triggered this rating change,” the research firm said.

For the fiscal year ending December 2025, Zacks Research expects FRO to earn $2.23 per share. The figure, if realized, would represent a 25.3-percent increase year-on-year.

On Monday, FRO said that it successfully filed its annual report for 2024. In full-year 2024, net income dropped by 24.5 percent to $495.58 million from $656 million a year earlier, while revenues increased by 13.76 percent to $2.16 billion from $1.8 billion year-on-year.

In the fourth quarter alone, net income declined by 43.65 percent to $66.7 million from $118.37 million, while revenues grew by 6.86 percent to $443.49 million from $415 million.