Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Keeping an Eye On Quietly

Benzinga's Stock Whisper Index Overview

• Purpose of the Index: The Benzinga Stock Whisper Index identifies five undervalued and under-followed stocks each week, utilizing proprietary data and pattern recognition to highlight investment opportunities for retail traders.

Featured Stocks for the Week Ending August 29

• Brinker International (EAT): The owner of Chili's and Maggiano's reported a 21% year-over-year increase in fourth-quarter sales, with comparable restaurant sales for Chili's up 23.7%. The company has consistently beaten analyst estimates for earnings per share in nine of the last ten quarters and for revenue in seven of the last ten quarters, prompting multiple analysts to raise their price targets.

• Old Nation Bancorp (ONB): This regional bank has shown strong performance, beating analyst estimates for earnings per share and revenue for three consecutive quarters. The stock has appreciated approximately 8% year-to-date, attracting attention from investors and analysts who have raised their price targets.

• SiriusXM Holdings Inc (SIRI): The satellite radio company reported mixed financial results, with revenue exceeding estimates but earnings per share falling short. Subscriber revenue and advertising revenue both declined year-over-year. Despite Warren Buffett's previous interest, analysts have maintained Underweight and Neutral ratings on the stock, with upcoming news regarding Howard Stern's contract being a potential catalyst.

• NIO Inc (NIO): Anticipation builds ahead of NIO's second-quarter results, with analysts predicting a loss of 30 cents per share and revenue of $2.76 billion. The company has faced challenges, missing earnings and revenue estimates in recent quarters. However, NIO has seen positive momentum, including a record of over 10,000 units sold in August and a recent upgrade from JPMorgan, raising the price target from $4.80 to $8.00.

• RTX Corporation (RTX): The aerospace and defense company has gained attention due to its involvement in global conflicts and a recent $2.8 billion Pentagon deal. RTX has consistently beaten analyst estimates for earnings per share and revenue for over ten consecutive quarters, leading to increased price targets from analysts.

Conclusion

• Market Trends: The report highlights the ongoing interest in stocks that demonstrate strong financial performance and growth potential, particularly in sectors like restaurants, banking, and defense. Investors are encouraged to monitor these stocks for potential investment opportunities as they navigate the market landscape.