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 July 21, 2023.

Carvana Co CVNA: Shares of the online used car retailer were volatile over the last week after the company reported quarterly financial results. Carvana reported results that came in ahead of Street estimates and also issued strong guidance. The company also entered into an offering agreement that could see it sell 35 million shares and raise $1 billion. The proceeds from the offering would be used to repay debt, fund working capital and additional development opportunities. Analysts were mixed on the quarterly results. Carvana shares are up 80% in the last month and up over 900% year-to-date in 2023.

Related Link: Is Carvana 'GameStop No. 2'? Jim Cramer Says Meme People Are In Control, Short Sellers Are In Trouble 
Nikola Corp NKLA: Electric vehicle company Nikola has seen shares continue their surge over the last several weeks, with shares up nearly 100% in the last month. The EV maker is seeing strong interest from Benzinga readers with a company announcement that Fortescue Future Industries will acquire Nikola’s Hydrogen Hub project in Phoenix. Since going public via a SPAC merger, Nikola has been widely followed by retail investors. The stock has remained a potential short-squeeze candidate, with strong bets being placed against the company.

Guardforce AI GFAI: Shares of global security solutions provider Guardforce AI soared Thursday after the company announced a partnership with Concorde Security for a new robotic security solution in Singapore. The partnership will see Guardforce AI provide security solutions for several business types in Singapore including schools, residences, hotels and office buildings.

“We are excited to partner with Concorde to jointly market robotic solutions that implement the latest AI technology in the security industry. Singapore is a highly interconnected market with stringent security standards, providing the perfect environment to roll out the proof of concept for robotic security solutions,” Guardforce AI CEO Lei Wang said.

Shares of Guardforce soared in March and April as investors looked for companies in the artificial intelligence sector. The stock found itself widely followed, with AI in its name and ticker. The stock was the 13th most-searched ticker on Benzinga Pro in the second quarter. The stock has also been mentioned as a short-squeeze candidate in recent weeks.

PSQ Holdings PSQH: A SPAC merger brought PSQ Holdings public this week. PSQ Holdings is the owner of the app and website company PublicSq, which is built to “connect freedom-loving Americans to high-quality businesses.” The company has over one million members and saw links to Donald Trump Jr. and Tucker Carlson during the week of its merger closure and ticker changeover. The merger saw heavy redemption and a new float of under three million shares. Strong volume and volatility caused several halts of shares on Thursday.

“If you want to support the parallel economy, you can do so by supporting $CLBR on the NYSE! It’s about time we the people fight back against the corporations who attack our values and beliefs,” Trump Jr. tweeted earlier this week.

Gorilla Technology Group GRRR: Video analytics and network security company Gorilla Technology saw shares trade higher this week after the company reported a deal with British Telecom. The deal will see Gorilla Technology provide AI-powered, innovative smart port solutions. The deal is one of several that have been announced by the company over the last several months. Gorilla Technology is one of many companies seeing growth for its artificial intelligence based products and services, something investors are actively seeking.

Check out the most recent reports here:

June 30

July 7

July 14 

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

Read Next: EXCLUSIVE: The 20 Most Searched For Tickers On Benzinga Pro From The First Six Months Of 2023