Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Here's a look at the Benzinga Stock Whisper Index for the week ending May 22:
T1 Energy (NYSE:TE): The week was a wild ride for the solar company and Benzinga readers were paying attention. The stock traded higher on Monday after it was revealed that the Situational Awareness fund, led by Leopold Aschenbrenner, took a new stake in the company. The former OpenAI employee has become widely followed thanks to strong investment returns made in recent quarters. That optimism for the stock got slightly deflated on Tuesday after short seller Fuzzy Panda Research released a report alleging the company is a "China hustle." The short report alleges the company relies on subsidies and has questionable ties to international companies. The stock closed the week trading higher, fighting off the short report.
Intellicheck Inc (NASDAQ:IDN): The identity theft and fraud solutions company saw strong interest from readers during the week. The company recently reported quarterly earnings with record revenue and record EBITDA, items the company said support its validation. In the quarter, revenue missed analyst estimates while earnings per share were in line with estimates. DA Davidson maintained a Buy rating with a price target of $7.50. Speaking of DA Davidson, Intellicheck will present at a conference for the financial company on June 11, which could be something for investors to watch for more information on what's ahead for the company.
Eos Energy Enterprises (NASDAQ:EOSE): The energy storage solutions company saw shares trade higher after reporting first-quarter revenue of $57 million, up 445% year-over-year. The company also reported record quarterly production for shipments, battery output and several other items. Eos is pushing ahead with a second battery module line, with initial production set for the end of the second quarter. The company's backlog was $644.6 million at the end of the quarter. Needham initiated a Buy rating on the stock with a price target of $11. The stock remains one to watch going forward.
Nu Holdings (NYSE:NU): Shares of the digital banking company fell after first-quarter financials in mid-May, but have rebounded slightly since as investors digest what the numbers mean. Revenue was up 42% year-over-year in the quarter. The company set records for revenue and net income along with reporting strong customer additions. Nu Holdings ended the first quarter with 135 million customers globally, with Brazil, Mexico and Colombia the key areas of operation. Nu Holdings placed an emphasis on adding AI tools for users for future growth. Nu is also testing an expansion into the United States.
Leslie's Inc (NASDAQ:LESL): The pool and spa care company saw shares surge after reporting quarterly financial results Wednesday. Revenue beat analyst estimates, while earnings per share fell shy of estimates. Revenue was up 4.3% year-over-year, with the company highlighting its "Price Drop" launch, which helped win back customers. The company said it is positioning itself for strong financials te rest of the year. This pool company could be one to watch moving forward.
Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and top market-moving stories here.
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