Compass operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations and other functionality, as well as brokerage and adjacent services, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively.
The BTIG price target is $5, and the consensus target is $4.09. Compass stock traded on Friday at $3.60.
Fisker
This electric vehicle (EV) stock could be a takeover candidate. Fisker Inc. (NYSE: FSR) develops, manufactures, markets, leases and sells electric vehicles. It is also involved in the asset-light automotive business. In addition, it offers Fisker Flexible Platform Agnostic Design, a process that develops and designs electric vehicles in specific segment size.
The company expects to approve the Fisker Ocean Extreme Vigyan Edition, named for the company’s India subsidiary, by September. Deliveries to the world’s third-largest automotive market will commence in the fourth quarter of 2023. Pricing will align with Europe, where the Fisker Ocean Extreme is priced at €69,950 for the German market, plus import taxes and logistics for India.
The Fisker Ocean Extreme has an EPA range of 360 miles on standard 20-inch wheels and tires, which is the longest range of any new electric SUV in its class. In Europe, the Fisker Ocean Extreme has a range of 707km/440 UK miles on standard 20-inch wheels and tires, which is the longest range of any electric SUV sold in Europe today.
Fisker stock has a $14 target price at TD Cowen. The consensus target is just $9.10, and shares traded at $6.20 on Friday.
Transocean
This is an inexpensive way to buy a deepwater oil drilling stock. Transocean Ltd. (NYSE: RIG) provides offshore contract drilling services for oil and gas wells worldwide. It contracts its drilling rigs, related equipment and work crews to drill oil and gas wells.
As of February 22, 2021, the company owned or had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deepwater and 10 harsh environment floaters. It serves integrated oil companies, government-owned or government-controlled oil companies and other independent oil companies.
Over the past year, the company has seen some serious insider buying. In the past 12 months, the largest single purchase by an insider was when Independent Director Frederik Mohn bought $21 million worth of shares at $4.20 apiece. If that director is bullish at that level, then the current trading range offers a good entry point.
Benchmark has a Buy rating on the deepwater driller and their target price is set at $12 . The consensus target for the stock is $7.62. On Friday, Transocean stock traded at $8.10.
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 published at 24/7 Wall St.
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