Oppenheimer: These two stocks have three-digit gains in sight
When you speak better, people listen. It works in all areas of life, but especially in the stock market. Investors want to read the latest stock reviews from Wall Street professional analysts, but knowing who is the best is the place to start. Colin Rusch, who covers the markets of investment firm and broker Oppenheimer, has built a reputation that puts him at the forefront of the body of street analysts. It currently ranks No. 7 on TipRanks, of more than 7,500 analysts offering regular market coverage. Rusch’s ranking is based on more than 400 published reviews, which have amassed a success rate of 63%, and an investor following Rusch’s recommendations over the past year would have seen an average rate of return of 64%. So let’s catch up with some of Rusch’s recent stock notes. Using the TipRanks platform, we looked for two of your calls and two factors appeared immediately: these are stocks with a purchase valuation with more than 100% bullish potential for the following year. And for the retail investor, looking for a bargain in the markets, the low entry point sweetens the cake; each of these shares is trading at less than $ 10 per share. Here are the details. Aeva Technologies (AEVA) We will start with Aeva Technologies, a company working in the field of perception and detection technology, an essential field in the autonomous automotive industry. Aeva’s main project is the development of 4D LiDAR-on-chip, a success that will turn head detection systems combining silicon photonics, precision speed measurement and long-range performance. The resulting package will allow faster and more accurate detection in driverless vehicles, for better detection and avoid obstacles, whether stationary on the mobile. Success in this endeavor will give Aeva a clear path to success in the field of autonomous car. In March, Aeva entered public commercial markets through a SPAC transaction with InterPrivate Acquisition. The merger was completed on March 15 and on that day AEVA shares began trading on the NASDAQ. In contrast to last year, SPACS have generally had problems on the 2021 stock market, and so has Aeva; shares have fallen since the public debut. However, AEVA’s shares fell in mid-May and have been recovering in recent weeks, after the company published its results for the first quarter of the 21st, the first as a listed entity in bag. At the top of the profit launch, Aeva announced that its SPAC merger had offset the company by $ 513 million and that it had $ 523 million in cash reserves available at the end of the first quarter, compared to just 24 , $ 6 million by the end of 2020. Key development update, Aeva revealed that its third-generation LiDAR chip is in its final architecture and has integrated all the basic LiDAR components. The company is engaged in establishing production lines for the new chip. In his coverage of AEVA’s actions, Colin Rusch writes: “AEVA continues to make tangible progress towards the commercialization of its FMCW-based 4D lidar by announcing its ability to offer a range of 500 m in existing hardware through an upgrade of firmware. We believe that the flexibility and potential future testing of systems enabled by their software-defined architecture combined with speed information are critical to their customers and the potential for product improvement over their lifetime. We are excited for AEVA to deliver its Gen 3 chip design ahead of schedule … We continue to see AEVA as a long-term winner in the lidar and autonomous space … ”Rusch values these actions as superior (i.e. , a purchase), and its $ 20 price target means it has room for 104% growth over the next 12 months. (To see Rusch’s history, click here.) Overall, Wall Street is even more bullish than Rusch. Strong Buy analysts ’consensus rating is unanimous, based on 5 recent reviews, and the average price target of $ 23.40 suggests a strong bullish potential of 139% over the $ 9.76 trading price. (See Aeva’s stock analysis at TipRanks.) Aqua Metals (AQMS) Our modern world has brought us technological wonder, but also a huge level of industrial pollution. Among the worst pollutants is lead. Lead has been used in a wide range of products, especially in pipes and batteries, from where it can seep into the environment and then to us, where it is shown that its toxic effects are dangerous. This makes lead one of the most recycled materials in the world today. Aqua Metals specializes in clean recycling technology for lead acid batteries. The company uses its proprietary AquaRefining process (a non-polluting water-based lead refining process at room temperature) to replace the current high-temperature lead smelting system. This lead smelter is one of the most polluting industries in the world. Aqua Metals has a huge potential market, as 80% of the lead used in the battery industry is recycled. Although they are dangerously toxic, these batteries will be with us at least in the foreseeable future, as lead acid batteries are also the only 100% rechargeable and rechargeable batteries on the market. The company is working to expand its niche and has applied, earlier this year, for patents in the field of lithium-ion battery recycling. When lead acid batteries are widely used in industrial applications, lithium ion batteries are ubiquitous in electronics and contain a lot of other toxic metals, such as cobalt, nickel, and manganese. Aqua Metals hopes to apply its refining technology to these batteries as well. Aqua Metals ’processes are not yet in operational use and therefore the company has no revenue or revenue to talk about. In the first quarter of 2021, Aqua Metals recorded a net loss of $ 4.1 million, which reached 6 cents per share, compared to $ 4.4 million, a 7 percent per share, loss net recorded in the quarter of the previous year. Also in the first quarter of 21, Aqua Metals invested $ 1.5 million in LINICO Corporation, another niche lithium-ion battery recycling niche technology company. Rusch is optimistic about this speculative company and writes, “We continue to believe that AQMS closed-loop zero-emission process technology for lead recycling is a critical enabler for parts of the battery supply chain to reach to zero net emissions and has the potential to become the de facto standard process for recycling as the world moves towards zero net commitments by 2040. We are considering announcing a licensing and equipment supply agreement as the next and critical validation of the business model. ”The 5-star analyst gives AQMS an overrun rating (i.e., purchase), along with a $ 7 target price that implies a 147% rise The two recent reviews on AQMS shares are positive, giving the stock a moderate buy consensus rating.The trading price is $ 2.83 and the average target is $ 7.50 suggests a sharp rise of 16 5% with respect to this level. (See the analysis of Aqua Metals shares in TipRanks.) To find good ideas for trading stocks with attractive valuations, visit TipRanks’ Best Stocks to Buy, a recently released tool that brings together all the knowledge about TipRanks equities. Disclaimer: The views expressed in this article are solely those of leading analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.