Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant 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 to uncover new information.

This index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors or casual readers should watch them.

Related Link: The ‘Mag 7 Bench' – Josh Brown Picks The Next Magnificent 7 Stocks

Here’s a look at the Benzinga Stock Whisper Index for the week of June 14:

Ferguson Plc FERG: The plumbing and HVAC products company saw increased interest from readers for the week.

There is minimal news on the company, though Ferguson reported third-quarter sales were up 2.4% year-over-year.

Investors may be excited about the company's future with three acquisitions closed during the third quarter and two announced during the current fourth quarter. Ferguson also added $1 billion to its share repurchase program.

The company also plans on domiciling its parent company to the U.S. in August.

Squarespace SQSP: Investors were interested in the website-building company despite a May acquisition announcement that will take the company private.

Squarespace shareholders will get $44 per share from the Permira buyout deal with shares currently trading at $43.69. Investors could be looking to capture the remaining gain from the buyout deal.

MicroStrategy MSTR: The software company and Bitcoin BTC/USD holder continues to be one of the top trending stocks on Benzinga and across social media.

The company holds 214,400 Bitcoin valued at over $14 billion and is the largest publicly traded owner of the leading cryptocurrency.

MicroStrategy is once again raising money with a $700 million debt offering. Many speculate that the proceeds could be used to buy more Bitcoin as the company has done in the past.

MicroStrategy got a recent initiation from Bernstein with an Outperform rating and $2,890 price target. MicroStrategy stock is up 142% year-to-date and up 434% over the last year, outperforming the +51% and +166% gains for Bitcoin, respectively.

Related Link: Bitcoin To Hit $1 Million By 2033, MicroStrategy’s Stock Rated Outperform: Bernstein

ServiceNow NOW: The software company saw strong interest from readers during the week with minimal news. The stock could be of interest as investors are looking for more ways to play growth of software and artificial intelligence initiatives.

The company announced first-quarter revenue that was up 25% year-over-year recently. The company also raised the midpoint of its 2024 subscription revenue guidance range.

Boston Scientific Corporation BSX: The medical devices company saw increased interest from readers, which comes with shares up 50% over the last year.

In April, the company shared first-quarter results and lifted its forecast for future profits. Multiple analysts raised their price targets at the time.

Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and top market-moving stories here.

Read the latest Stock Whisper Index reports here:

May 17

May 24

May 31

June 7