RealReal
After a red-hot initial public offering in 2019, this stock has had a wild three years but looks to be putting in a bottom. RealReal Inc. (NASDAQ: REAL) is San Francisco-based and enables secondhand luxury consignment sales. RealReal has an active member base of 14 million, with over 600,000 active buyers.
Through its unique sourcing and fulfillment operations, RealReal helps individuals sell unwanted or unused personal luxury clothing, accessories (fine jewelry, watches, handbags) and home and art goods by matching their consigned inventory with a buyer base on its marketplace. Some 76% of new inventory supply sells within 90 days, making warehouse efficiency critical. The analysts at BofA Securities were impressed by the scale and efficiency. One key financial takeaway was that variable cost (including authentication) is relatively smaller than expected.
The RealReal target price at BofA Securities Buy is $7. The consensus target is even higher at $10.07. Shares traded at $3.05 on Friday.
Southwestern Energy
This stock has broken out and could be ready to run, as natural gas prices are hitting levels not seen since 2008. Southwestern Energy Co. (NYSE: SWN) is an independent energy company engaged in the exploration, development and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio and Louisiana.
As of December 31, 2021, it had approximately 768,050 net acres in Appalachia; 1,527 wells on production; and approximately proved natural gas, oil and NGLs reserves of 21,148 billion cubic feet of natural gas equivalent.
Southwestern Energy also engages in the marketing and transportation of natural gas, oil and NGLs. The company serves LNG exporters, energy companies, utilities and industrial purchasers of natural gas.
The $10.50 Raymond James price target may be poised to increase. The consensus target is $10.99, and Southwestern Energy stock traded on Friday at $8.80.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.
Originally posted at 24/7 Wall St.
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