Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information.
This index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors or casual readers should watch them.
Here is a look at the Benzinga Stock Whisper Index for the week of Jan. 26:
American Airlines Group (NASDAQ:AAL): The airline company saw increased attention from investors after reporting fourth-quarter financial results.
The company beat analysts’ estimates for revenue and earnings per share in the quarter. Guidance for the first quarter and full fiscal 2024 also came in ahead of estimates from analysts. The quarterly report resulted in several upgrades from analysts.
Increased attention could be centered on the airline industry after the recent safety concerns over planes made by Boeing Co (NYSE:BA). A rejected merger of JetBlue Airways Corporation (NASDAQ:JBLU) and Spirit Airlines Inc (NYSE:SAVE) by the Justice Department also has the airline sector on watch as it could impact M&A activity going forward.
Shares of American Airlines are up 13% in the last five days.
Digital World Acquisition Corporation (NASDAQ:DWAC): The SPAC has been highly volatile in recent weeks due to Donald Trump winning the Iowa caucus and New Hampshire primary.
A deal to take Trump Media & Technology Group public was first announced by Digital World Acquisition in October 2021. The SPAC merger has faced many setbacks and vote extensions, with the most recent pushing a deadline out to March 8, 2024.
Shares of the SPAC hit new two-year highs after Trump’s recent wins and news that Florida Gov. Ron DeSantis dropped out of the 2024 election and endorsed Trump.
With Trump holding a dominant lead in the race for the GOP nomination, stocks related to the former president could continue to be volatile and gain on new updates. Investors should note the current deadline and the potential for more extensions and delays in the merger.
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