The Dollar’s Ripping Higher: Cash In With These 3 Under-the-Radar Plays

InvestorPlace04-16

Zero in on these under-the-radar stocks. Star Bulk Carriers (SBLK): Star Bulk Carriers may rise on the implied increase in economic activity. International Money Express (IMXI): International Money ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2427788292?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-16 02:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2427788292","market":"us","top_or_hot":-1,"title":"The Dollar’s Ripping Higher: Cash In With These 3 Under-the-Radar Plays","media":"InvestorPlace","content":"<div>\n<p>Zero in on these under-the-radar stocks.\nStar Bulk Carriers (SBLK): Star Bulk Carriers may rise on the implied increase in economic activity.\nInternational Money Express (IMXI): International Money ...</p>\n\n<a href=\"https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Dollar’s Ripping Higher: Cash In With These 3 Under-the-Radar Plays</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Dollar’s Ripping Higher: Cash In With These 3 Under-the-Radar Plays\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-16 02:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zero in on these under-the-radar stocks.\nStar Bulk Carriers (SBLK): Star Bulk Carriers may rise on the implied increase in economic activity.\nInternational Money Express (IMXI): International Money ...</p>\n\n<a href=\"https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SBLK","symbol_name":"Star Bulk Carriers Corp","start_time":0,"source_url":"https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/","article_id":"2427788292","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2427788292","pubTimestamp":1713204593,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"With the dollar rising above a basket of international currencies, these under-the-radar stocks may benefit handsomely.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SBLK":"Star Bulk Carriers Corp","BK4585":"ETF&股票定投概念","SBSW":"Sibanye Gold Limited","BK4588":"碎股","BK4227":"交易和支付处理服务","BK4106":"数据处理与外包服务","BK4021":"海运","BK4188":"贵重金属与矿石","IMXI":"国际货币快递"},"translate_title":"美元大幅走高：通过这三种低调的策略赚钱","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IMXI":1,"SBLK":1,"SBSW":1},"content_text":"Zero in on these under-the-radar stocks.\nStar Bulk Carriers (SBLK): Star Bulk Carriers may rise on the implied increase in economic activity.\nInternational Money Express (IMXI): International Money could benefit from global migration trends.\nSibanye Stillwater (SBSW): Sibanye Stillwater’s palladium business deserves a closer look.\n\n\n\n\n\n \n\nSource: 98 Studio / Shutterstock.com\n\n\n\nWith the hotter-than-expected March jobs report, you might think the dollar has lost value due to inflation, thus clouding the narrative of under-the-radar stocks. And yes, inflation is stubbornly high. That’s what happens when more dollars chase after fewer goods.\nAt the same time, the dollar is very much elevated relative to a basket of international currencies. Indeed, the U.S. dollar index ripped higher, settling at 106 points. With that, Americans have (relatively speaking) increased purchasing power.\nUnder this scenario, many enterprises should benefit. However, these under-the-radar stocks could see a more substantial rise compared to their peers.\nStar Bulk Carriers (SBLK)\nSource: ImagineStock / Shutterstock.comOperating under the marine shipping segment of the industrials category, Star Bulk Carriers (NASDAQ:SBLK) presents an intriguing idea for under-the-radar stocks. Per its public profile, the company’s vessels transport a range of bulk commodities. These include iron ores, minerals, grains, bauxite, fertilizers and steel products.\nAs stated earlier, the March jobs report delivered better-than-anticipated numbers. There’s an argument to be made that the data doesn’t lie. In other words, with increasing commercial activities comes a rise in demand for critical commodities. Essentially, Star Bulk is positioned well. Not surprisingly, analysts rate SBLK a unanimous Strong Buy with an average price target of $28. That implies upside potential of over 21%.\nFor the current fiscal year, experts project that earnings per share could hit $4.03. That’s a big jump from last year’s print of $1.84. And in the following year, EPS could rise to $4.78. However, the top-line projection is curious, with 2024 sales estimated to decline by almost 6%. Still, analysts are looking for sales to rebound in fiscal 2025 to $1.03 billion.\nAnd, given the positive fundamentals, the projected revenue upside could come earlier.\nInternational Money Express (IMXI)\nSource: ShutterstockOperating in the broader technology sphere, International Money Express (NASDAQ:IMXI) focuses on infrastructure software. With its subsidiaries, International Money is an omnichannel money remittance services enterprise. It operates in the U.S., Latin America, Mexico, Central and South America, the Caribbean, Africa and Asia.\nFundamentally, IMXI could be a relevant play for under-the-radar stocks thanks, in large part, to the robust American economy. Because of the strength of our economic machinery, more people from across the globe will likely come here for opportunities. I don’t want to get into the politics of it, but let’s say the Democrats maintain power — IMXI could then be a big hit as people send money back home.\nAnalysts peg IMXI as a consensus Strong Buy with a $26.25 price target, implying 21% upside potential. For fiscal 2024, they’re looking for EPS of $2.19, above last year’s print of $1.95. Further, revenue could land at $691.17 million, implying 4.9% growth from last year’s sales of $658.74 million.\nAnd with fiscal 2025 revenue projected to hit $751.25 million, experts believe that International Money’s addressable market will continue to expand.\nSibanye Stillwater (SBSW)\nSource: ©iStock.com/TomasSeredaSimply the riskiest idea on this list of under-the-radar stocks, Sibanye Stillwater (NYSE:SBSW) is a resource mining enterprise. Based in South Africa, Sibanye mines a variety of in-demand assets, including gold. Certainly, the yellow metal should thrive based on current fear-trade dynamics. However, I’m particularly interested in the company’s palladium business.\nPalladium is an interesting precious metal. Industrially, it’s a critical component in the manufacturing of catalytic converters. With electric vehicles suffering from demand drains, combustion-powered cars — including hybrid vehicles — enjoy an extended viability pathway. Further, Russia has historically dominated palladium production. That story is obviously a complicated one now.\nSo, what do we have now? Limited supply, high demand — that should theoretically bode very well for SBSW stock. Further, shares trade at only 11.3X forward earnings and 0.63X trailing-year revenue. Both stats are undervalued relative to the mining industry.\nHowever, analysts only rate shares as a consensus Hold. Still, if palladium demand rises as I think it will, SBSW stock would be one of the names to watch.\nOn the date of publication, Josh Enomoto did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nA former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/the-dollars-ripping-higher-cash-in-with-these-3-under-the-radar-plays/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2427788292"}