New Strong Buy Stocks for April 16th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Source: NASDAQ.COM
Zacks Rank #1 Stocks: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including Golden Ocean Group Limited, Antero Resources Corporation, Alithya Group Inc., Brenntag SE, and KBC Group NV, all showing significant increases in their earnings estimates over the past 60 days.
Market Insights: The article highlights a new top chip stock with potential for growth in the semiconductor market, projected to expand from $452 billion in 2021 to $803 billion by 2028, driven by demand in Artificial Intelligence, Machine Learning, and the Internet of Things.
Analyst Views on AR
Wall Street analysts forecast AR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AR is 45.40 USD with a low forecast of 36.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
11 Buy
5 Hold
0 Sell
Moderate Buy
Current: 34.380
Low
36.00
Averages
45.40
High
55.00
Current: 34.380
Low
36.00
Averages
45.40
High
55.00
About AR
Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity, and midstream services through its equity method investment in Antero Midstream. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company holds approximately 521,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin primarily in West Virginia and Ohio.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
