Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Zinger Key Points
  • The Benzinga Stock Whisper Index highlights five stocks each week seeing increased interest from readers.
  • Earnings season made many companies eligible for the index with increased interest after reporting quarterly results.

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 of Aug. 9:

Read Also: Top 20 Most-Searched Tickers On Benzinga Pro In July 2024 – Where Do Tesla, Nvidia, Apple, CrowdStrike Rank?

Dutch Bros Inc BROS: The coffee retail chain saw increased interest from readers after reporting second-quarter financial results Wednesday. Dutch Bros shares fell 20% Thursday after several analysts lowered their price targets on the stock. The company reported second-quarter earnings per share and revenue that both beat Street consensus estimates. Dutch Bros also raised guidance for the full fiscal year for guidance and adjusted EBITDA. Investors may have been spooked by management commentary of a "volatile consumer backdrop" and the raised guidance for revenue still slightly below estimates for the full fiscal year.

Dutch Bros shares are down 14% over the last five days, as seen on the Benzinga Pro chart below.

Walmart Inc WMT: The retail giant might not fit the normal under-the-radar criteria that has put many small-cap and mid-cap stocks on this weekly list. However, the retailer saw above-average interest from retailers, which comes ahead of quarterly earnings. Walmart will report second-quarter financial results before market open on Thursday, Aug. 15. Analysts expect the company to report earnings of 64 cents per share and revenue of $168.6 billion. The company has beaten analysts' estimates for earnings per share in four of the last five quarters and beaten revenue estimates in the last 17 straight quarters.

Walmart is considered an important gauge on how the consumer is doing and given the continued concerns on inflation, the company's earnings report will be widely watched by investors and analysts.

Shares of the retailer are down 0.6% over the last five days and up 27% year-to-date.

Marathon Petroleum Corporation MPC: The oil company makes the list with increased investor interest after reporting second-quarter financial results. Marathon Petroleum beat analysts' estimates for revenue and earnings per share in the quarter. Revenue of $38.36 billion easily topped a Street consensus estimate of $35.08 billion as did earnings per share of $4.12 beating an estimate of $3.09.

"We continue to execute disciplined, high-return refining investments and advance attractive midstream growth opportunities," Marathon CEO Maryann Mannen said.

Marathon shares are up 9% over the last five days as seen on the Benzinga Pro chart below.

Eaton Corporation ETN: The power management company saw increased interest from investors on the heels of its second-quarter financial results. Earnings per share and revenue each beat Street consensus estimates. Guidance for the third-quarter and full fiscal year for earnings per share came in ahead of Street estimates. Eaton reported an increased backlog in the quarter and highlighted the record sales and operating profits of several business segments including Electrical Americas, Aerospace and eMobility.

Eaton shares are up 8.2% over the last five days as seen on the Benzinga Pro chart below.  

Pure Storage Inc PSTG: The enterprise data storage company rejoins the Stock Whisper Index. In July, the company announced new capabilities for its platform that could help with growth in the IT sector.

Shares of Pure Storage traded higher on the week. The only notable news for the company was an announcement that second-quarter financial results will be reported on Aug. 28.

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:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Top StoriesExclusivesTrading Ideascoffee stocksearnings seasonoil stocksRetail StocksStock Whisper Index
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!