American equities held steady after Donald Trump’s win and as concerns about whether the Federal Reserve will cut interest rates in the upcoming meeting. The S&P 500 index has risen by just 3% in the last month, while a select number of companies highlighted by HypeIndex did well.
Archer Aviation (ACHR)
Background
Archer Aviation (ACHR), founded in 2018, is developing electric vertical take-off and landing (eVTOL) aircraft to reduce carbon emissions and alleviate urban traffic congestion. The company has invested heavily in R&D and went public via a SPAC merger in 2021.Â
It recently secured funding from Stellantis, which will also support its manufacturing in exchange for stock. Archer is targeting commercialization by 2026, with substantial orders and regulatory approvals already in place.Â
Summary
Archer Aviation stock surged after a positive analyst note by an analyst from Needham, who expects companies in the eVTOL industry to do well. He also believes that the company is highly undervalued, especially because of its large order book as it prepares commercialization in either 2025 or 2026.Â
Review date: 20th November
Hype change: 97%
Price change: 60%
Sentiment: POSITIVE
Riot Platforms | RIOT
Background
Riot Platforms (RIOT) is a leading player in the Bitcoin mining industry, operating some of the largest facilities in Texas, including North America’s biggest BTC mining site in Rockdale.
The company is one of the top corporate Bitcoin holders, with 10,247 coins valued at $743 million. Riot generates revenue by mining and selling Bitcoin through exchanges or over-the-counter (OTC) markets. Its Bitcoin holdings also gain value when the cryptocurrency’s price rises.
Summary
RIOT’s recent surge has been fueled by Bitcoin’s performance, which soared to a record high of $104,000 on Wednesday. Higher BTC prices typically translate to stronger revenues for the company.
Bitcoin’s rally also gained momentum after Donald Trump was elected as the next U.S. president. His administration is seen as favorable to the industry, given his promises to implement cryptocurrency-friendly regulations.
Looking ahead, Bitcoin appears to have significant upside potential. It has formed an inverse head-and-shoulders pattern and a golden cross, both of which are bullish technical indicators that suggest further long-term gains.
Riot Platforms is also poised to benefit from the Federal Reserve’s upcoming interest rate decision, with a 0.25% rate cut expected. Bitcoin and other high-risk assets often perform well under dovish monetary policies.
Review date: 7th November
Hype change: 122%
Price change: 10%
Sentiment: POSITIVE
Trump Media & Technology (DJT)
Background
Trump Media & Technology (DJT), primarily owned by Donald Trump, the 45th and 47th U.S. president, operates TruthSocial, a social media platform focused on conservative content. The company also owns Truth+, a video-streaming service accessible on devices like Roku, smartphones, and tablets.
Trump established the company after being banned from major social media platforms such as Twitter, Facebook, and YouTube. Earlier this year, Trump Media went public through a merger with Digital World Acquisition Corporation (DWAC), valuing the company at over $4 billion.
Summary
The DJT stock price has done well this year after Donald Trump won the election. Analysts believe that his victory will bring business and users to the platform, especially if he directs his White House to use the platform for official communication.
While the company's third-quarter financial results showed reduced losses and a solid cash position, the stock's valuation appears to be more influenced by speculative market sentiment and Trump-related investor optimism rather than traditional financial fundamentals.Â
The stock has essentially become a financial instrument closely tied to Trump's political brand and perceived market potential.
Review date: 13th November
Hype change: 97%
Price change: 14%
Sentiment: POSITIVE
Tapestry | TPR
Background
Tapestry, an American luxury goods conglomerate, owns well-known brands including Coach, Kate Spade, and Stuart Weitzman. The company sells its products through both direct retail channels and wholesale markets.
In recent years, Tapestry has demonstrated significant financial growth, with revenue increasing from $4.9 billion in 2020 to over $6.6 billion in its most recent financial period.
Summary
Tapestry’s stock surged after the U.S. blocked its merger with Capri, with analysts suggesting the acquisition would not have significantly strengthened the business. This week, Tapestry officially terminated the deal, citing high legal appeal costs, and announced a $2 billion stock repurchase plan alongside the redemption of acquisition-related debt.
The company outlined strategies to reinvest in its brands, enhance shareholder returns, and maintain its investment-grade credit rating. Its recent earnings report revealed strong performance, with $1.51 billion in sales despite currency challenges, and gross profit rising to $1.13 billion. Revenue growth was led by Stuart Weitzman and Coach, while Kate Spade faced challenges.
Review date: 15th November
Hype change: 200%
Price change: 10%
Sentiment: POSITIVE
Read more: Here's why the Tapestry stock is pumping
Compass | COMP
Background
Compass (COMP) is a leading U.S. real estate agency that operates a technology platform connecting home buyers and sellers.Â
Its agents use the platform for tasks like business tracking, valuation modeling, customer interaction, and virtual tours, blending traditional real estate services with technology.Â
Compass has expanded its offerings to include title and escrow services, a joint venture with Guaranteed Rate for mortgages, and Compass Concierge, which connects homeowners with third-party service providers.
Summary
Compass’ stock surged over 270% from last year’s low, reaching its highest level since April 2022, following the Federal Reserve’s interest rate cuts and improved inflation conditions.Â
The real estate industry typically benefits from such cuts. Compass reported a 12% increase in third-quarter revenue, reaching $1.4 billion, driven by a 20% rise in agents to 17,542.Â
The company raised its revenue forecast to $1.225–$1.32 billion and EBITDA to $0–$10 million. For the year, revenue is expected between $5.47 billion and $5.57 billion. Compass’ management aims to improve profitability through cost-cutting measures.
Review date: 5th November
Hype change: 270%
Price change: 9%
Sentiment: POSITIVE
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