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.
  • Several stocks are seeing increased attention ahead of quarterly earnings reports set for next week.
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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 July 19:

Read Also: EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In First Half 2024 – Where Do Nvidia, Tesla, Palantir, GameStop Rank?

Cheniere Energy LNG: The natural gas company saw strong interest from investors, which comes with minimal news for the company. The stock was highlighted as a final trade by Jim Lebenthal on a recent "Halftime Report."

One reason the stock could be seeing interest is its upcoming second quarter financial results, which are set for Aug. 8. The biggest reason Cheniere Energy is in the spotlight is likely due to recent analyst activity. Several analysts have raised their price targets on the natural gas company.

Shares are up 1.9% over the last five days, as seen on the Benzinga Pro Chart below.

Chipotle Mexican Grill CMG: The restaurant stock saw strong interest from readers as shares fell 7% on the week, as viewed on the Benzinga Pro chart below.

Recent financial results from restaurant companies may be contributing to the decline, along with potential profit-taking as shares have risen over the past year. Additionally, a recent 50:1 stock split has provided investors with more whole shares to sell.

The company is set to report second quarter financial results on July 24 after market close. Analysts expect the company to report 32 cents in earnings per share and $2.94 billion in revenue, up from 25 cents and $2.52 billion respectively from last year's second quarter. Recent analyst activity on Chipotle could also be impacting the company's performance, with several raising price targets and several lowering price targets.

Newmont Corporation NEM: The gold mining company saw strong interest from readers over the week, which comes as the gold and precious metals sector has been highly volatile. Analysts have been positive on Newmont in recent weeks. The company was upgraded from Neutral to Outperform by CIBC and from Neutral to Buy at UBS. Several analysts raised their price targets as well.

Bank of America sees strong earnings coming from gold mining companies.

"With the sharp and sustained move higher in gold prices, we think that there will be an increased focus on capital allocation in the sector," Bank of America analyst Lawson Winder said.

Winder said companies in the gold mining sector could look to buy back shares or increase dividends to boost shares on the heels of the financial strength.

Newmont reports second quarter financial results after market close July 24. Newmont shares were down slightly over the last five days according to the Benzinga Pro chart below.

Constellation Energy Corporation CEG: The energy solutions company returns to the Stock Whisper Index after making appearances in April and May. Despite its size with a market capitalization of more than $50 billion, Constellation doesn't typically get a ton of attention.

One item helping get recent attention is Constellation's considerations for adding new nuclear power generation at existing sites, including the Three Mile Island power facility. The company sees strong demand for energy due to increased AI power needs.

Shares of the stock fell 12% over the last week, as seen on the Benzinga Pro chart below. Shares are up over 96% in the last year and up over 60% year-to-date.

Insight Enterprises NSIT: The IT provider is seeing strong interest from readers on minimal news. Insight will report second quarter financial results on Aug. 1. Analysts expect the company to report earnings per share of $2.83 and revenue of $2.47 billion, up from $2.56 and $2.35 billion respectively from last year's second quarter.

Stifel recently reiterated a Hold rating on Insight and raised the price target from $192 to $200. Shares of Insight are up over 4% in the last five days and up over 20% year-to-date in 2024.

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:

June 28

July 5

July 12

Read Next:

Photo: Benzinga

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