3 Stocks Ready to Stun Wall Street

Core Insights - The article discusses underappreciated stocks that may present investment opportunities despite the crowded market and the focus on a few prominent companies [1][2]. Group 1: PHX Minerals (PHX) - PHX Minerals specializes in the exploration and production of natural gas and oil, operating primarily in Texas [4]. - The company has faced financial challenges, with an average bottom-line surprise of nearly 19% below breakeven from Q2 last year to Q1 2024 [5]. - In the trailing 12 months, PHX reported a net income of $4.18 million on revenue of $30.79 million, with projected fiscal 2024 EPS of $0.16 on sales of $35.5 million, down from last year's EPS of $0.39 on revenue of $44.46 million [6]. Group 2: Cadre (CDRE) - Cadre operates in the aerospace and defense sector, manufacturing safety solutions such as body armor [8][9]. - The company has shown strong earnings performance, with an average surprise of about 31.48% over the past four quarters, despite a significant miss in Q1 [10]. - For fiscal 2024, analysts expect EPS of $1.14 on revenue of $569.53 million, an improvement from last year's EPS of $1.02 on sales of $482.53 million, with further growth anticipated in fiscal 2025 [11]. Group 3: D-Wave Quantum (QBTS) - D-Wave Quantum is involved in the development of quantum computing systems and software, with its main product being the Advantage quantum computer [13]. - The quantum computing sector is projected to reach a valuation of $6.5 billion by 2028, representing a CAGR of 48.1% from 2023 [14]. - D-Wave reported a net loss of $82.72 million on revenue of $8.76 million over the trailing twelve months, with expectations for fiscal 2024 to improve to a loss of $0.34 per share on sales of $12.53 million [15].