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: Rivian Designs ‘Beautiful Products’ But Needs To Prove It Can Produce Vehicles Profitably, Analyst Says
Here is a look at the Benzinga Stock Whisper Index for the week of March 15:
Rivian Automotive RIVN: The electric vehicle company saw increased interest from investors after unveiling its R2 and R3 SUVs during a company event. The R2 was highly anticipated and an announced starting price of $45,000 could help the company better compete with EV leader Tesla.
The company said it will start deliveries of the R2 in the first half of 2026, an accelerated timeline based on its Illinois site. Rivian will focus on building out production at its Illinois plant and is pausing construction on its upcoming Georgia plant.
Rivian CEO RJ Scaringe recently said that there were over 68,000 reservations for the R2 in the first 24 hours after the company event.
Comcast Corp CMCSA: Media giant Comcast saw increased interest from investors, which could be related to its strong presence at the Academy Awards. The company's hit "Oppenheimer" was nominated for 13 awards and won seven, including key wins for Best Picture, Best Director, Best Actor and Best Supporting Actor. The company's "The Holdovers" also took home a win for Best Supporting Actress, giving the company several of the top prizes for the night.
Investors could be anticipating a strong first quarter for the company, which is expected to be reported in April. The first quarter will include the release of "Oppenheimer" on streaming platform Peacock and the NFL's first-ever streaming exclusive NFL Playoffs game, which is also on Peacock.
Lithium Americas Corp LAC: The lithium mining company saw shares rise after announcing it received a conditional commitment loan of $2.26 billion from the U.S. Department of Energy. The company will use the funds to help finance the construction of processing facilities at Thacker Pass.
"The United States has an incredible opportunity to lead the next chapter of global electrification in a way that both strengthens our battery supply chains and ensures that the economic benefits are directed toward American workers, companies and communities," Lithium Americas CEO Jonathan Evans said.
The company said that Department of Energy loan and strategic investment from General Motors are expected to provide "the majority of the capital necessary to fund Phase 1."
SoundHound AI Inc SOUN: The artificial intelligence company continues to see strong interest from Benzinga readers and trends across several retail investor outlets.
The company reported fourth-quarter revenue of $17.15 million, which was up 80% year-over-year. SoundHound said cumulative subscriptions and bookings backlog for the quarter doubled from the prior year. Guidance for the company sees 2024 revenue hitting $63 million to $77 million and 2025 revenue surpassing $100 million.
Shares of SoundHound have been hot in 2024, accelerated by a filing revealing Nvidia as an investor in the company.
Canadian Natural Resources Ltd CNQ: The oil and natural gas company saw increased interest from readers, which could be related to recently reported fourth-quarter financial results, which came in ahead of analysts' estimates. The company raised its dividend and said it is committed to targeting 100% of free cash flow returned to shareholders through dividends and share buybacks.
Canadian Natural Resources saw record annual production in fiscal 2023 and also grew its reserves. Shares of the oil and natural gas company recently hit all-time highs.
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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