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.
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Here is a look at the Benzinga Stock Whisper Index for the week of April 19:
Coinbase Global COIN: The cryptocurrency trading platform saw increased interest as the company’s shares pulled back during the trading week. The drop in share price could be related to a drop in the price of Bitcoin BTC/USD from all-time highs set earlier this year.
Bitcoin remains volatile ahead of the highly anticipated Bitcoin halving. High volatility for cryptocurrencies like Bitcoin can be positive for Coinbase as it increases its trading volume activity.
Oric Pharmaceuticals ORIC: The clinical stage biotechnology company saw increased interest in its shares during the week. The increased attention comes after the company announced that the first patients for its expansion cohorts of Phase 1b trial of ORIC-114 have been dosed. The expansion of ORIC-114 is targeting non-small cell lung cancer. Oric said it plans to update Phase 1b data in the first half of 2025.
SPDR Gold Trust GLD: It's not every week that an ETF jumps in interest and trends on the Stock Whisper Index. The leading gold ETF saw increased interest, which comes as gold soars to new all-time highs in the month of April. A decision by the Federal Reserve to keep interest rates the same and increased geopolitical tension related to the Middle East have led to more attention to gold as a safe haven investment for traders.
G-III Apparel Group GIII: The apparel company saw shares trade lower after reporting quarterly results. Fourth-quarter sales were down 10.5% year-over-year to $764.8 million, which missed a Street consensus estimate of $817.5 million. The company owns and licenses brands that include Clavin Klein, Tommy Hilfiger, DKNY and Donna Karan. G-III guided for fiscal year 2025 sales to hit $3.2 billion, in-line with the Street estimate.
Transdigm Group TDG: The maker of components for aircraft and other vehicles saw increased interest over the trading week. The increased attention likely comes from new analyst notes. A Goldman Sachs analyst, who has a Buy rating, raised the price target on shares from $1,218 to $1,518.
Meanwhile, a Stifel analyst kept a Hold rating during the week, but raised the price target from $1,100 to $1,200. Shares of Transdigm trade at $1,213.50 at the time of writing. The company could also be seeing increased attention as it makes parts for military aircraft. Defense stocks have been in the spotlight with increased geopolitical tensions and calls to increase military aid for allies overseas.
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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