The Rise of Potential: Unveiling 3 Promising WallStreetBets Stocks

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By Ronald Tech

WallStreetBets, notorious for its penchant for risky market bets, is a realm where fortunes are made and lost in the blink of an eye. While some may fear the volatility inherent in trading based on its discussions, it cannot be denied that within the chaos lies the occasional gem – a company with true potential for growth and prosperity.

Today, we delve into three stocks that have captured the attention of the retail trading army. When this collective force sets its sights on a stock, the impact can be seismic, propelling share prices to dizzying heights. While not every suggestion on WallStreetBets pans out, the following three stocks are generating considerable buzz and could be primed for significant upside.

Boeing (BA)

BA stock: a blue and white Boeing 787 flying in the sky above the clouds

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Boeing (NYSE:BA) recently unveiled mixed first-quarter results, reporting losses of $355 million and a 7.5% drop in revenue year-over-year. Despite these setbacks, the company is actively addressing quality control issues and working to stabilize its manufacturing processes. Anticipated growth in revenue is poised to drive share prices higher in the upcoming years.

In the midst of the tumult surrounding Boeing, including tragic incidents involving whistleblowers, the company’s long-term prospects remain promising. As Boeing nears the completion of delivering its 737 and 787 inventories by the close of 2024, it aims to streamline operations by shuttering temporary manufacturing sites, heralding a new era of stability for its commercial business.

With sustained demand across its product portfolio, Boeing stands to surge ahead if it successfully executes quality control measures and optimizes production efficiency, paving the way for a robust recovery in the foreseeable future.

Pfizer (PFE)

blue Pfizer logo on the windows of a corporate building PFR stock

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Pfizer (NYSE:PFE) is navigating a post-pandemic landscape where the demand for COVID-19 products has tapered off. Although the company witnessed a nearly 19% decline in quarterly revenue year over year to $14.88 billion, its earnings of 82 cents per share exceeded analysts’ expectations by 31 cents. Profits are resilient, outstripping forecasts by a significant margin.

Disregarding Pfizer due to stagnating vaccine sales might be premature. The company’s leadership is steering towards diversification, exemplified by the strategic acquisition of Seagen. This move has already borne fruit, with oncology sales experiencing a 19% uptick fueled by drugs like Padcev. A rebound in revenue appears imminent for Pfizer.

With PFE stock showing strength around $25 per share and a robust turnaround strategy in play, Pfizer stands poised for a potential surge, echoing the sentiment of the WallStreetBets community.

Intel (INTC)

Intel (INTC) logo is seen outside of the Robert Noyce Building at Intel Corporation's headquarters in Santa Clara, California.

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Intel (NASDAQ:INTC) has become a divisive topic among investors, grappling with challenges and uncertainties as it charts its course in the ever-evolving tech landscape.

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Intel Rises from the Ashes: A New Dawn for the Chipmaker

Revival of a Once-Prominent Chipmaker

Once revered as the epitome of cutting-edge technology in the realm of chipmakers, Intel has faced a tumultuous journey in recent times. The days of being the go-to choice for anyone building a PC seem like a distant memory. Yet, amidst the gloom and uncertainty, there are glimmers of hope peeking through the storm clouds.

The Bright Horizon of CPU Market Share

While the winds of change have blown harshly, the CPU market share for Intel has steadied, whispering promises of calmer waters ahead. Intel has begun to regain its footing in this arena. The resurgence is making waves, and signs of a ‘win’ have started to surface once again.

Gaudi3: A Beacon of Innovation in the AI Landscape

As the tech world sets its sights on the realm of artificial intelligence, Intel has stepped up to the plate with its groundbreaking Gaudi3 chip. This innovation stands as a milestone, paving the way for even more dazzling advancements on the horizon. The Q1 results may not have been earth-shattering, but Intel’s progress on vital metrics is a silent nod to its resilience.

Steering Through Turbulent Waters

Though Intel has weathered its fair share of storms and the stock has revisited lows reminiscent of 2022, a deeper look reveals a company in the throes of transformation. The leadership under CEO Pat Gelsinger has steered Intel towards better execution, hitting key milestones like bringing Microsoft on board as a Foundry customer.

A Promising Trajectory Awaits

Despite not holding the top position in the chip battle currently, Intel’s trajectory appears to be changing for the better. Forecasts indicate a surge in sequential revenue growth well into 2025, powered by dynamics like an enterprise PC refresh, rebounding data center demands, and other cyclical tailwinds. Analysts echo this sentiment, predicting a fruitful journey ahead.

The Allure of INTC Stock

At its current subdued valuation, INTC stock presents an attractive proposition for long-term investors willing to weather the storm. The added cherry on top comes in the form of a handsome 1.63% dividend yield, tempting many to see the silver lining amidst the clouds of uncertainty hovering over Intel.

On the date of publication, the positions mentioned in this article were not held either directly or indirectly by the writer. The sentiments shared here are solely those of the observer, adhering to the highest publishing standards.