Stock Market Opportinities December 2024 – 8 stocks with significant positive Mentions

Identifying stocks with significant positive mention patterns can provide valuable insights into potential stock market investment opportunities. These patterns often reflect increased investor interest and positive news surrounding a company. Here are 8 stocks showing unusual positive mention patterns in the December 2024:

These stocks have exhibited substantial price increases and trading volume over the past month, suggesting a potential for continued growth. Let’s delve deeper into each stock, examining their positive news stories, earnings reports, and analyst ratings.

Microvast Holdings, Inc. (MVST)

Microvast Holdings, Inc. is a technology company that designs, develops, and manufactures lithium-ion battery solutions for electric vehicles and energy storage systems. The company has garnered significant attention due to its innovative battery technology and strong financial performance.

Positive News Mentions:

• Microvast reported strong Q3 2024 financial results with record revenue of $101.4 million, up 26.6% year-over-year².
• The company achieved significant improvements in profitability, with gross margin increasing to 33.2% from 22.3% in Q3 2023³.
• Microvast secured a $50 million capital raise through concurrent offerings, demonstrating strong investor confidence⁴.

Earnings Reports:

• Microvast reported a net profit of $13.2 million in Q3 2024, compared to a net loss of $26.2 million in Q3 2023³.
• For full year 2024, Microvast targets 15-18% revenue growth with Q4 guidance of $90-95 million³.
• The company exceeded analysts’ expectations for Q3 2024 earnings, reporting an EPS of $0.05, beating the Zacks Consensus Estimate of -$0.04⁵.

Analyst Ratings:

• The average analyst rating for MVST stock from 4 stock analysts is “Buy”⁶.
• Analysts believe this stock is likely to outperform the market over the next twelve months⁶.
• The average price target for MVST is $4.50, predicting an increase of 254.33% from the current stock price⁶.

LeddarTech Holdings Inc. (LDTC)

LeddarTech Holdings Inc. is a global leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems. The company’s innovative technology and strategic partnerships have contributed to its recent surge in positive mentions.

Positive News Stories:

• LeddarTech announced a strategic collaboration with Texas Instruments for Advanced Driver Assistance Systems and Autonomous Driving Solutions⁷.
• This partnership involves Texas Instruments paying upfront fees to aid joint commercialization, leading to a surge of over 300% in stock prices⁷.
• The company successfully secured ISO/IEC 27001 certification, affirming its strong data security and integrity measures⁷.

Earnings Reports:

• LeddarTech Holdings Inc. last reported their Q2 2024 earnings on August 14th, 2024. Here’s a 3-line summary of the main findings:
  • LeddarTech significantly narrowed its operating loss to $1.5 million in Q2 2024, compared to $5.3 million in the same period last year
  • The company also reduced its net loss to $2.8 million from $6.8 million year-over-year.
  • Despite these improvements, CEO Raymond Chang highlighted ongoing industry challenges and a constrained cash position as potential obstacles ⁹.
• The company’s next earnings report is scheduled for January 28, 2025¹⁰.

Analyst Ratings:

• Roth MKM revised LeddarTech’s price target from $1 to $3, lifting the ‘Buy’ recommendation due to a promising deal with Texas Instruments⁷.
• The average analyst rating for LDTC stock is “Moderate Buy”¹¹.
• The average price target for LDTC is $3.00, representing a forecasted upside of 57.08% from the current price¹².

Exicure, Inc. (XCUR)

Exicure, Inc. is a clinical-stage biotechnology company developing nucleic acid therapies for various diseases. The company has experienced a significant surge in positive mentions due to recent developments in its financial strategy and research.

Positive News Stories:

• Exicure announced it has entered into equity financing agreements worth $10 million ¹.
• The company confirmed a share sale agreement with HiTron Systems Inc. at $3.00 per share ¹.
• Exicure received a positive listing determination from the Nasdaq Hearings Panel, allowing it to continue trading on The Nasdaq Capital Market ².

Earnings Reports:

• Exicure’s latest earnings report shows revenue figures of $550,000 ¹.
• The company’s operating revenue was $173,000 against $1.23 million in total costs ¹.

Analyst Ratings:

• The average analyst rating for XCUR stock from 3 stock analysts is “Strong Buy” ³.
• Analysts believe this stock is likely to perform very well in the near future and significantly outperform the market ³.
• The average price target for XCUR is $10.00, predicting an increase of -42.76% from the current stock price ⁴.

Agrify Corporation (AGFY)

Agrify Corporation provides innovative cultivation and extraction solutions for the cannabis industry. The company has attracted attention due to its new business partnerships and promising developments in its growth strategy.

Positive News Stories:

• Agrify Corporation’s stocks saw a noticeable spike, attributed to new business partnerships aiming to expand their technology solutions across various sectors^{1 5}.
• The company recently implemented cost-cutting measures, reducing their operating losses significantly ⁵.
• Agrify secured $20 million convertible note financing from Green Thumb Industries ⁷.

Earnings Reports:

• Agrify reported its Q3 2024 financial results with revenue of $1.9 million and gross profit of $0.2 million ⁸.
• The company posted a net loss of $18.6 million, largely due to a $15 million change in warrant liabilities ⁸.

Analyst Ratings:

• The average analyst rating for AGFY stock from 6 stock analysts is “Buy” ⁹.
• The average price target for AGFY is $244.80, predicting an increase of +512.00% from the current stock price ⁹.

Quantum Computing Inc. (QUBT)

Quantum Computing Inc. is an innovative technology company focused on quantum computing solutions. The company has garnered positive mentions due to its recent inclusion in Amazon’s Quantum Embark Program and advancements in its photonic chip foundry.

Positive News Stories:

• Quantum Computing Inc. was included in Amazon Web Services’ Quantum Embark Program ¹⁰.
• The company secured a second purchase order from the University of Texas at Austin for its advanced photonic chip foundry ¹⁰.
• Quantum Computing Inc. experienced a remarkable pre-market jump following the news of its inclusion in Amazon’s initiative^{2 10}.

Earnings Reports:

• Quantum Computing Inc. reported its third-quarter 2024 financial results, highlighting significant strategic and operational progress ¹¹.
• Revenue for Q3 2024 reached $101,000, a 102% increase from Q3 2023 ¹¹.

Analyst Ratings:

• The average analyst rating for QUBT stock from 1 stock analyst is “Buy” ¹².
• The average price target for QUBT is $8.50, predicting an increase of +26.77% from the current stock price ¹³.

SEALSQ Corp (LAES)

SEALSQ Corp focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products. The company has seen a surge in positive mentions due to its recent price increase and potential for future growth.

Positive News Stories:

• SEALSQ Corp’s stock has experienced a significant price increase, with shares reaching a 52-week high ¹⁴.
• The company has a strong focus on developing post-quantum semiconductor technology and ASIC capabilities ¹⁵.
• SEALSQ Corp is actively involved in enhancing security for various sectors, including the Internet of Medical Things (IoMT) ¹⁶.

Earnings Reports:

• SEALSQ Corp reported a net loss of $(0.40) per share in Q2 2024 ¹⁷.
• The company’s revenue for Q2 2024 was $22.72 million ¹⁸.

Analyst Ratings:

• The average analyst rating for LAES stock from 1 stock analyst is “Strong Buy” ¹⁹.
• The average price target for LAES is $1.75, predicting no change from the current stock price ¹⁹.

Rigetti Computing, Inc. (RGTI)

Rigetti Computing, Inc. is a pioneer in full-stack quantum-classical computing. The company has attracted attention due to its advancements in quantum computing technology and strategic partnerships.

Positive News Stories:

• Rigetti Computing announced technology roadmap updates, including plans to introduce a new modular system architecture in 2025 ²⁰.
• The company remains on track to deploy its 84-qubit Ankaa-3 system by the end of 2024 ²⁰.
• Rigetti Computing secured $100 million through a direct offering of 50 million shares ²¹.

Earnings Reports:

• Rigetti Computing reported Q3 2024 financial results with revenues of $2.4 million and a net loss of $14.8 million ²⁰.
• The company’s cash position stands at $92.6 million as of September 30, 2024 ²⁰.

Analyst Ratings:

• The average analyst rating for RGTI stock from 4 stock analysts is “Strong Buy” ²².
• The average price target for RGTI is $3.00, predicting a decrease of -58.10% from the current stock price ²².

WISeKey International Holding AG (WKEY)

WISeKey International Holding AG is a global leader in cybersecurity, AI, and IoT. The company has garnered positive mentions due to its strategic initiatives and focus on emerging technologies.

Positive News Stories:

• WISeKey International Holding Ltd is undergoing a strategic restructuring to become a compute infrastructure company ²³.
• The company focuses on cybersecurity, digital identity, blockchain, IoT solutions, and post-quantum semiconductors ²³.
• WISeKey secured $30 million through convertible notes, demonstrating investor confidence in its future prospects ²⁴.

Earnings Reports:

• WISeKey reported a net loss of $15.5 million for the first half of 2024 ²³.
• The company’s semiconductor vertical, CLSQ, experienced a revenue decline from $14.8 million in H1 2023 to $4.8 million in H1 2024 ²³.

Analyst Ratings:

• The average analyst rating for WKEY stock from 2 stock analysts is “Strong Buy” ²⁵.
• The average price target for WKEY is $4.25, predicting an increase of -48.98% from the current stock price ²⁵.

As the market continues to evolve, these stocks present intriguing opportunities for investors seeking potential growth in industries ranging from quantum computing to electric vehicles. While some companies have already seen impressive gains, others are still navigating early stages of innovation, making them ripe for future breakthroughs. Keep an eye on these stocks as 2025 unfolds—what seems like a short-term surge may very well signal the beginning of long-term success.

However, it’s important to note that while these stocks show potential, we highly recommend that you conduct your own research and due diligence before making any investment decisions. The stock market can be unpredictable, and it’s essential to assess each investment opportunity based on your individual financial goals and risk tolerance. Always seek advice from a financial advisor if needed, and ensure that any investment aligns with your personal strategy.

Works cited

1. Top Stock Gainers In The Past Month – Stock Analysis, accessed December 15, 2024, https://stockanalysis.com/markets/gainers/month/

2. MVST – Microvast Holdings, Inc. Latest Stock News & Market Updates, accessed December 15, 2024, https://www.stocktitan.net/news/MVST/

3. Microvast Reports Third Quarter 2024 Financial Results – Stock Titan, accessed December 15, 2024, https://www.stocktitan.net/news/MVST/microvast-reports-third-quarter-2024-financial-75phqc1oyl60.html

4. Microvast (MVST) Shares Surge Amid Positive Analyst Ratings – GuruFocus, accessed December 15, 2024, https://www.gurufocus.com/news/2562078/microvast-mvst-shares-surge-amid-positive-analyst-ratings

5. What date does Microvast’s (MVST) report Earnings – Zacks, accessed December 15, 2024, https://www.zacks.com/stock/research/MVST/earnings-calendar

6. Microvast Holdings, Inc. (MVST) Stock Forecast & Price Targets – Stock Analysis, accessed December 15, 2024, https://stockanalysis.com/stocks/mvst/forecast/

7. How Will LeddarTech’s Partnership with Texas Instruments Impact Its Future?, accessed December 15, 2024, https://www.timothysykes.com/news/leddartech-holdings-inc-ldtc-news-2024_12_13/

8. LeddarTech Announces Receipt of the First Installment of the TI Pre-Paid Royalty Fee, accessed December 15, 2024, https://www.stocktitan.net/news/LDTC/leddar-tech-announces-receipt-of-the-first-installment-of-the-ti-pre-pb53eoikyklx.html

9. LeddarTech Holdings Inc. Common Shares (LDTC) Earnings Report Date – Nasdaq, accessed December 15, 2024, https://www.nasdaq.com/market-activity/stocks/ldtc/earnings

10. LeddarTech Holdings (LDTC) Earnings Dates & Reports – TipRanks.com, accessed December 15, 2024, https://www.tipranks.com/stocks/ldtc/earnings

11. LeddarTech Holdings (LDTC) Stock Forecast, Price Targets and Analysts Predictions, accessed December 15, 2024, https://www.tipranks.com/stocks/ldtc/forecast

12. LeddarTech (LDTC) Stock Forecast and Price Target 2024 – MarketBeat, accessed December 15, 2024, https://www.marketbeat.com/stocks/NASDAQ/LDTC/forecast/