InvestMacro

By InvestMacro Research

The first quarter of 2025 is underway and we wanted to highlight some of the companies that have been recently added to our Cosmic Rays Watchlist. The Cosmic Rays Watchlist is the output from our proprietary fundamental analysis algorithm and these companies made the list in the last 30 days.

The algo examines company fundamental metrics, earnings trends and overall sector strength trends. The aim is identify quality dividend-paying companies on the NYSE and Nasdaq stock exchanges. If a company scores over 50, it gets added to our Watchlist for further analysis.

We use this system as a stock market ideas generator and to update our Watchlist every quarter. However, be aware the fundamental system does not take the stock price as a direct element in our rating so one must compare each idea with their current stock prices (this is not a timing tool).

Many studies are consistently showing overvalued markets at the current time and that has to be taken into consideration with any stock market idea. As with all investment ideas, past performance does not guarantee future results. A stock added to our list is not a recommendation to buy or sell the security.

Here we go with 5 of our Top Stocks scored in December 2024 & so far in January 2025:

Micron Technology, Inc. (MU):

Micron Technology, Inc. (Symbol: MU) was recently added to our Cosmic Rays WatchList. MU scored a 62 in our fundamental rating system in late December 2024.

At time of writing, only 4.77% of stocks have scored a 60 or better out of a total of 10,772 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 77 system points from our last update.

MU is a Large Cap stock and part of the Technology sector. The industry focus for MU is Semiconductors.

MU has beat earnings expectations four consecutive quarters and has a dividend of 0.43 percent with a payout ratio near just 7 percent. The MU stock price has outperformed the Technology Sector benchmark over the past 52 weeks by a small margin with a gain of nearly +26.00 percent.

Company Description (courtesy of SEC.gov):

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval.

Company Website: https://www.micron.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Micron Technology, Inc. (MU)	31.3	25.92	1.18
– Benchmark Symbol: XLK	38.2	22.75	1.2

 

* Data through January 21, 2025

Conagra Brands, Inc. (CAG):

Conagra Brands, Inc. (Symbol: CAG) was recently added to our Cosmic Rays WatchList. CAG scored a 64 in our fundamental rating system in December 2024.

At time of writing, only 4.77% of stocks have scored a 60 or better out of a total of 10,772 scores in our earnings database. This stock has made our Watchlist a total of 4 times and rose by 23 system points from our last update.

CAG is a Large Cap stock and part of the Consumer Defensive sector. The industry focus for CAG is Packaged Foods.

CAG has beat earnings expectations in three out of the past four quarters and has a dividend of 5.42 percent with a payout ratio around 68 percent. The CAG stock price has under-performed the Consumer Defensive Sector benchmark over the past 52 weeks and has fallen by -10.74 percent compared with the benchmark gain of +6.91 percent.

Company Description (courtesy of SEC.gov):

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.

Company Website: https://www.conagrabrands.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Conagra Brands, Inc. (CAG)	25.0	-10.74	0.33
– Benchmark Symbol: XLP	22.7	6.91	0.6

 

* Data through January 21, 2025

TD SYNNEX Corporation (SNX):

TD SYNNEX Corporation (Symbol: SNX) was recently added to our Cosmic Rays WatchList. SNX scored a 65 in our fundamental rating system on January 13, 2025.

At time of writing, only 4.77% of stocks have scored a 60 or better out of a total of 10,772 scores in our earnings database. This stock has made our Watchlist a total of 4 times and rose by 41 system points from our last update.

SNX is a Large Cap stock and part of the Technology sector. The industry focus for SNX is Technology Distributors.

SNX has beat earnings expectations two quarters in a row and in three out of the past four quarters. SNX sports a dividend of 1.28 percent with a payout ratio around 24 percent. The SNX stock price has beaten the Technology Sector benchmark over the past 52 weeks and has risen by 32.81 percent compared with the benchmark gain of +22.75 percent.

Company Description (courtesy of SEC.gov):

TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (IT) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, technology software, and converged and hyper-converged infrastructure, as well as computing components.

Company Website: https://www.tdsynnex.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: TD SYNNEX Corporation (SNX)	17.7	32.81	1.4
– Benchmark Symbol: XLK	38.2	22.75	1.2

 

* Data through January 21, 2025

Science Applications International Corporation (SAIC):

Science Applications International Corporation (Symbol: SAIC) was recently added to our Cosmic Rays WatchList. SAIC scored a 50 in our fundamental rating system in December 2024.

At time of writing, only 8.20% of stocks have scored a 50 or better out of a total of 10,772 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 46 system points from our last update.

SAIC is a Medium Cap stock and part of the Technology sector. The industry focus for SAIC is Information Technology Services.

SAIC has beat earnings expectations two quarters in a row and gives out a dividend of 1.28 percent with a payout ratio around 16 percent. The SAIC stock price has under-performed the Technology Sector benchmark over the past 52 weeks with a shortfall of -8.2 percent compared with the benchmark gain of +22.75 percent.

Company Description (courtesy of SEC.gov):

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company’s offerings include engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment,

Company Website: https://www.saic.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Science Applications International Corporation (SAIC)	20.2	-8.2	0.69
– Benchmark Symbol: XLK	38.2	22.75	1.2

 

* Data through January 21, 2025

Wipro Limited (WIT):

Wipro Limited (Symbol: WIT) was recently added to our Cosmic Rays WatchList. WIT scored a 53 in our fundamental rating system on January 21, 2025.

At time of writing, only 8.20% of stocks have scored a 50 or better out of a total of 10,772 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 23 system points from our last update.

WIT is a Large Cap stock and part of the Technology sector. The industry focus for WIT is Information Technology Services.

WIT has beat earnings expectations in two out of the past fur quarters and met expectations in the others. WIT gives out a dividend of 2.02 percent with a payout ratio around 30 percent. The WIT stock price has slightly under-performed the Technology Sector benchmark over the past 52 weeks with a gain of 20.7 percent compared with the benchmark gain of +22.75 percent.

Company Description (courtesy of SEC.gov):

Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, s

Company Website: https://www.wipro.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Wipro Limited (WIT)	27.1	20.7	0.71
– Benchmark Symbol: XLK	38.2	22.75	1.2

 

* Data through January 21, 2025

By InvestMacro – Be sure to join our stock market newsletter to get our updates and to see more top companies we add to our stock watch list.

All information, stock ideas and opinions on this website are for general informational purposes only and do not constitute investment advice. Stock scores are a data driven process through company fundamentals and are not a recommendation to buy or sell a security. Company descriptions provided by sec.gov.

By InvestMacro Research

The fourth quarter of 2024 is more than two-thirds through and most companies have released their third-quarter results. Today, we wanted to highlight some of the top Medium Cap companies that have been added to our Cosmic Rays Watchlist. The Cosmic Rays Watchlist is the output from our proprietary fundamental analysis algorithm.

The algo examines company fundamental metrics, earnings trends and overall sector strength trends. The aim is identify quality dividend-paying companies on the NYSE and Nasdaq stock exchanges. If a company scores over 50, it gets added to our Watchlist for further analysis.

We use this system as a stock market ideas generator and to update our Watchlist every quarter. However, be aware the fundamental system does not take the stock price as a direct element in our rating so one must compare each idea with their current stock prices (this is not a timing tool).

Disclaimer: The US stock markets continue to reach new all-time highs and this should always factor into the decision-making of buying any asset. Many major studies are consistently showing overvalued markets at the current time.

As with all investment ideas, past performance does not guarantee future results. A stock added to our list is not a recommendation to buy or sell the security.

Here we go with 5 of our Top Medium Cap Stocks scored in Q3 2024:

Virtu Financial, Inc. (VIRT): Financial Services

Technically, Virtu is trading at its highest level since 2022 and has an overbought Relative Strength Index (RSI) on the weekly time-frame.

Virtu Financial, Inc. (Symbol: VIRT) was recently added to our Cosmic Rays WatchList. VIRT scored a 60 in our fundamental rating system on October 25th.

At time of writing, only 4.74% of stocks have scored a 60 or better out of a total of 10,674 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 36 system points from our last update. VIRT is a Medium Cap stock and part of the Financial Services sector. The industry focus for VIRT is Financial – Capital Markets.

Virtu has beat earnings expectations three quarters in a row, has a dividend of approximately 2.55 percent and a payout ratio of around 60 percent. The VIRT stock price has handily beat the Financial Sector benchmark over the past 52 weeks — which also warrants a word of caution because the year-to-date price gain is steep at over 80 percent.

Company Description (courtesy of SEC.gov):

Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology.

Company Website: https://www.virtu.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Virtu Financial, Inc. (VIRT)	18.5	105.63	0.37
– Benchmark Symbol: XLF	22.9	38.93	1.0

 

* Data through December 02, 2024

Louisiana-Pacific Corporation (LPX): Industrials

LPX is currently trading at its all-time highs near $120.00 per share and has an overbought Relative Strength Index (RSI) on the weekly time-frame.

Louisiana-Pacific Corporation (Symbol: LPX) was recently added to our Cosmic Rays WatchList. LPX scored a 62 in our fundamental rating system on November 6th.

At time of writing, only 4.74% of stocks have scored a 60 or better out of a total of 10,674 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 72 system points from our last update. LPX is a Medium Cap stock and part of the Industrials sector. The industry focus for LPX is Construction.

Louisiana-Pacific has beat earnings expectations four straight quarters and has a dividend of close to 0.88 percent with a payout ratio of 64 percent. The LPX stock price has also significantly surpassed the Industrials Sector benchmark over the past 52 weeks and is up close to 70 percent year-to-date.

Company Description (courtesy of SEC.gov):

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America.

Company Website: https://www.lpcorp.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Louisiana-Pacific Corporation (LPX)	20.6	84.18	1.88
– Benchmark Symbol: XLI	30.4	30.77	1.1

 

* Data through December 02, 2024

CONMED Corporation (CNMD): Healthcare

CNMD is trading around the $73.00 threshold currently and is significantly down from the $160.00 highs in 2022. The Relative Strength Index (RSI) is currently at just over the 50 level on the weekly time-frame.

CONMED Corporation (Symbol: CNMD) was recently added to our Cosmic Rays WatchList. CNMD scored a 56 in our fundamental rating system on October 31st.

At time of writing, only 8.17% of stocks have scored a 50 or better out of a total of 10,674 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 14 system points from our last update. CNMD is a Medium Cap stock and part of the Healthcare sector. The industry focus for CNMD is Medical – Devices.

CONMED has beat earnings expectations three consecutive quarters and has a dividend of close to 1.08 percent with a payout ratio near 43 percent. The CNMD stock price has under-performed the Healthcare Sector benchmark over the past 52 weeks by a large margin and is actually down by -33.86 percent year-to-date.

Company Description (courtesy of SEC.gov):

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide.

Company Website: https://www.conmed.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: CONMED Corporation (CNMD)	17.2	-32.23	1.46
– Benchmark Symbol: XLV	24.6	11.65	0.7

 

* Data through December 02, 2024

Artisan Partners Asset Management Inc. (APAM): Financial Services

APAM is currently in an uptrend channel right under the $50 per share level with a bullish above 60 Relative Strength Index (RSI) on the weekly time-frame.

Artisan Partners Asset Management Inc. (Symbol: APAM) was recently added to our Cosmic Rays WatchList. APAM scored a 69 in our fundamental rating system on October 30th.

At time of writing, only 4.74% of stocks have scored a 60 or better out of a total of 10,674 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 19 system points from our last update. APAM is a Medium Cap stock and part of the Financial Services sector. The industry focus for APAM is Asset Management.

APAM has beat earnings expectations in October after two close misses in previous quarters and has a dividend of approximately 6.7 percent with a payout ratio near 87 percent. The APAM stock price has under-performed the Financial Sector benchmark over the past 52 weeks but is higher by 9.62 percent year-to-date.

Company Description (courtesy of SEC.gov):

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe.

Company Website: https://www.artisanpartners.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Artisan Partners Asset Management Inc. (APAM)	13.5	27.74	1.79
– Benchmark Symbol: XLF	22.9	38.93	1.0

 

* Data through December 02, 2024

InterDigital, Inc. (IDCC): Technology

IDCC is currently trading at its all-time highs and challenging the $200.00 per share level. The Relative Strength Index (RSI) is currently overbought on the weekly time-frame.

InterDigital, Inc. (Symbol: IDCC) was recently added to our Cosmic Rays WatchList. IDCC scored a 67 in our fundamental rating system on November 1st.

At time of writing, only 4.74% of stocks have scored a 60 or better out of a total of 10,674 scores in our earnings database. This stock has made our Watchlist a total of 5 times and stayed the same score from our last update. IDCC is a Medium Cap stock and part of the Technology sector. The industry focus for IDCC is Software – Application.

InterDigital has surpassed earnings expectations four quarters in a row and has a dividend of approximately 0.89 percent with a payout ratio of approximately 20 percent. The IDCC stock price has far surpassed the Financial Sector benchmark over the past 52 weeks and is higher by almost 80 percent year-to-date.

Company Description (courtesy of SEC.gov):

InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks.

Company Website: https://www.interdigital.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: InterDigital, Inc. (IDCC)	21.1	96.23	1.38
– Benchmark Symbol: XLK	45.5	31.09	1.2

 

* Data through December 02, 2024

By InvestMacro – Be sure to join our stock market newsletter to get our updates and to see more top companies we add to our stock watch list.

All information, stock ideas and opinions on this website are for general informational purposes only and do not constitute investment advice. Stock scores are a data driven process through company fundamentals and are not a recommendation to buy or sell a security. Company descriptions provided by sec.gov.

By InvestMacro Research

The fourth quarter of 2024 is about halfway over and today we wanted to highlight some of the top companies that have recently been added to our Cosmic Rays Watchlist. The Cosmic Rays Watchlist is the output from our proprietary fundamental analysis algorithm that analyzes over one thousand companies.

The algo examines company fundamental metrics, earnings trends and overall sector strength trends. The aim is identify quality dividend-paying companies on the NYSE and Nasdaq stock exchanges. If a company scores over 50, it gets added to our Watchlist for further analysis.

We use this system as a stock market ideas generator and to update our Watchlist every quarter. However, be aware this fundamental system does not take the stock price as a direct element in our rating so one must compare each idea with their current stock prices (read: this is not a timing tool!).

Disclaimer: Markets are currently at all-time highs and many studies are consistently showing overvalued markets and that always has to be taken into consideration with any stock market idea.

As with all investment ideas, past performance does not guarantee future results. Remember, a stock added to our list is not a recommendation to buy or sell the security but merely a starting point for your own in-depth analysis.

Here are 5 of our Top Stocks scored in October 2024:

Leidos Holdings, Inc. (LDOS):

Leidos Holdings, Inc. (Symbol: LDOS) was recently added to our Cosmic Rays WatchList. LDOS scored a 73 in our fundamental rating system on October 30th, 2024.

At time of writing, only 2.00% of stocks have scored a 70 or better out of a total of 10,417 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 70 system points from our last update.

LDOS is a Large Cap stock and part of the Technology sector. The industry focus for LDOS is Information Technology Services.

Company Description:

Leidos Holdings, Inc., together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health.

Company Website: https://www.leidos.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Leidos Holdings, Inc. (LDOS)	22.0	82.87	0.7
– Benchmark Symbol: XLK	44.2	32.1	1.2

 

* Data through November 06, 2024

Universal Health Services, Inc. (UHS):

Universal Health Services, Inc. (Symbol: UHS) was recently added to our Cosmic Rays WatchList. UHS scored a 85 in our fundamental rating system on October 25th, 2024.

At time of writing, only 0.75% of stocks have scored a 80 or better out of a total of 10,417 scores in our earnings database. This stock has made our Watchlist a total of 6 times and rose by 3 system points from our last update.

UHS is a Large Cap stock and part of the Healthcare sector. The industry focus for UHS is Medical – Care Facilities.

Company Description (courtesy of SEC.gov):

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments.

Company Website: https://uhs.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Universal Health Services, Inc. (UHS)	13.5	65.43	1.28
– Benchmark Symbol: XLV	25.1	15.27	0.7

 

* Data through November 06, 2024

Comfort Systems USA, Inc. (FIX):

Comfort Systems USA, Inc. (Symbol: FIX) was recently added to our Cosmic Rays WatchList. FIX scored a 68 in our fundamental rating system on October 25th, 2024.

At time of writing, only 4.76% of stocks have scored a 60 or better out of a total of 10,417 scores in our earnings database. This stock has made our Watchlist a total of 3 times and rose by 20 system points from our last update.

FIX is a Large Cap stock and part of the Industrials sector. The industry focus for FIX is Engineering & Construction.

Company Description (courtesy of SEC.gov):

Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.

Company Website: https://www.comfortsystemsusa.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Comfort Systems USA, Inc. (FIX)	33.3	118.83	1.13
– Benchmark Symbol: XLI	30.4	33.96	1.1

 

* Data through November 06, 2024

Lam Research Corporation (LRCX):

Lam Research Corporation (Symbol: LRCX) was recently added to our Cosmic Rays WatchList. LRCX scored a 77 in our fundamental rating system on October 24th, 2024.

At time of writing, only 2.00% of stocks have scored a 70 or better out of a total of 10,417 scores in our earnings database. This stock is on our Watchlist for the first time and rose by 61 system points from our last update.

LRCX is a Large Cap stock and part of the Technology sector. The industry focus for LRCX is Semiconductors.

Company Description (courtesy of SEC.gov):

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

Company Website: https://www.lamresearch.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: Lam Research Corporation (LRCX)	24.9	20.49	1.48
– Benchmark Symbol: XLK	44.2	32.1	1.2

 

* Data through November 06, 2024

CF Industries Holdings, Inc. (CF):

CF Industries Holdings, Inc. (Symbol: CF) was recently added to our Cosmic Rays WatchList. CF scored a 50 in our fundamental rating system on October 31st, 2024.

At time of writing, only 8.24% of stocks have scored a 50 or better out of a total of 10,417 scores in our earnings database. This stock has made our Watchlist a total of 3 times and rose by 45 system points from our last update.

CF is a Large Cap stock and part of the Basic Materials sector. The industry focus for CF is Agricultural Inputs.

Company Description (courtesy of SEC.gov):

CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products.

Company Website: https://www.cfindustries.com

Asset vs Sector Benchmark:	*P/E Ratio (TTM)	*52-Week Price Return	*Beta (S&P500)
– Stock: CF Industries Holdings, Inc. (CF)	13.2	9.31	0.95
– Benchmark Symbol: XLB	18.4	18.9	1.2

 

* Data through November 06, 2024

By InvestMacro – Be sure to join our stock market newsletter to get our updates and to see more top companies we add to our stock watch list.

All information, stock ideas and opinions on this website are for general informational purposes only and do not constitute investment advice. Stock scores are a data driven process through company fundamentals and are not a recommendation to buy or sell a security. Company descriptions provided by sec.gov.