Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet

Investors are on the hunt for undervalued, underfollowed and emerging stocks and retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming.

Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface and warrant attention.

The index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors and casual readers should watch them. Here is a look at the Benzinga Stock Whisper Index for the week of April 20, 2023.

Netflix Inc NFLX: Streaming giant Netflix reported first-quarter financial results on Tuesday. The company reported revenue of $8.16 billion, up 3.7% year-over-year and falling slightly below analysts’ estimates. Earnings per share beat estimates from analysts. The company ended the quarter with 232.5 million global paid subscribers, gaining 1.75 million net new paid subs in the first quarter. Analysts had mixed reactions to plans from the company to delay its crackdown on password sharing. Early comments on the initial results of the ad-supported tier were received positively by analysts.

Related Link: Exclusive: Top 10 Most Searched Tickers On Benzinga Pro In March 

Bed Bath & Beyond Inc BBBY: Retailer Bed Bath & Beyond has seen shares drop over 90% in the last year. Shares traded lower during the week on reports that the company could be preparing to file for bankruptcy soon. The report comes as the company has struggled to line up financing and faces liquidity concerns. The stock has been highly volatile and could see interest with shares under $1 and a high short interest of nearly 20%.

Verizon Communications VZ: Telecommunications company Verizon saw shares down 4% Thursday on the heels of rival AT&T Inc T reporting first quarter results. AT&T reported cash flow of $1 billion for the first quarter, down over 60% year-over-year, and reported slower-than-expected mobile subscriber growth. Investors are likely worried about the first-quarter report from Verizon as the company is set to report first-quarter results

Nio Inc NIO: Electric vehicle company Nio saw shares fall on Thursday, likely in response to the quarterly results from rival Tesla Inc TSLA. Tesla’s earnings report and conference call largely centered around operating margins, with the company willing to sacrifice margins up front for more revenue down the road. Tesla also recently cut prices again, which could put pressure on Nio and other rivals in a price war for demand from consumers in the United States and other territories like China.

SAI.Tech Global Corporation SAI: As an energy-efficient Bitcoin BTC/USD mining operator, SAI Tech may experience heightened interest due to recent product announcements and the inclusion of "AI" in its stock symbol. SAI.Tech shared new products on Thursday and highlighted plans to boost its artificial intelligence and Bitcoin computing power. The company will also report quarterly financial results on May 2.

That’s a wrap for this edition of the Benzinga Stock Whisper Index.

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