- Stocks Telegraph
- Posts
- Biotech Radar: Breakout Stocks & Hidden $10 Gems
Biotech Radar: Breakout Stocks & Hidden $10 Gems
Stocks Telegraph Team
May 01, 2025
The Newsheater daily Mid-Day Newsletter is Powered by Stocks Telegraph
Stocks rose on Thursday, fueled by strong quarterly results from two major tech companies, which helped ease concerns that artificial intelligence advancements could slow amid economic challenges.
As of 11:14 AM ET, the Dow was up 359.27 points, or 0.8834%, at $41,028.63. The Nasdaq Composite added 397.49 points, or 2.03%, at $19,968.51. The S&P 500 rose 80.37 points, or 1.44%, at $5,649.43. Among the 11 major S&P 500 sectors, 7 showed positive movement, with Energy leading the way with a 2.67% increase.
However, Thursday's optimism was tempered by a surprising jump in weekly jobless claims to 241,000, exceeding the Dow Jones estimate of 225,000. This increase added to concerns about the economy, which were already heightened by a disappointing first-quarter GDP report earlier in the week, raising the stakes for Friday's nonfarm payrolls report.
Despite the gains on Thursday, the S&P 500 and Dow posted losses for April, slipping around 0.8% and 3.2%, respectively. On the other hand, the Nasdaq Composite managed a positive return, advancing 0.9% for the month.
As the Trump administration moves ahead with aggressive tariff policies on key imports, the mainstream media is scrambling.
This Free Report - which you can download now - reveals the names and ticker symbols of 5 Stock Poised to Benefit Most from President Trump's Tariff Wars.
Click Here to Download Your FREE Stock Report Now.
Sponsored
Top Movers: Under $10
Classover Holdings Inc (KIDZ) is up 185.11% today to trade at the current level of $3.28. This comes after its entry into a $400 million equity purchase facility agreement to launch SOL-based treasury strategy.
TransCode Therapeutics Inc (RNAZ) zoomed 44.27% in todayβs trade to $0.59. This rally can be attributed to progress reported in early-stage study for its lead cancer drug.
In current trading, Nvni Group Ltd (NVNI) stock is at $0.52 following news of reporting record 2024 financial results.
Peraso Inc (PRSO) rose 18.76% in the early hours of today's trading to move at $1.14. The strong performance of PRSO stock came as investors were encouraged by the latest news of addition to its PERSPECTUS series of mmWave modules.
The global AI infrastructure market is expected to grow 7x by 2032 - with nearly 40% of that anchored in N. America. As governments and tech giants race to build capacity, this company is taking a unique approach: securing deals, stacking GPUs, and investing in startups that could power the future of AI.
See how this under-the-radar player is building the backbone of the AI economy
Sponsored
Ex-Dividends Stocks
Capitol Federal Financial (CFFN) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.09 per share. It has fixed May 02 as the record date for the same and will pay the actual dividend on May 16. Last year, the company distributed a total of $0.34 to its shareholders. Based on the last year's worth of payments, CFFN has a trailing yield of 5.95% on the current stock price of $5.72.
Another stock that is shelling out dividends tomorrow is East West Bancorp, Inc (EWBC), having a market capitalization of $11.99B. It will pay a dividend of $0.6 per share, the payment date of which is May 16. Currently, the stock is trading at a trailing dividend yield of 2.59%.
Shares of Columbus Mckinnon Corp (CMCO) will be the talk of stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.07 per share, and in the last 12 months, it paid a total of $0.28 per share. Last year's total dividend payments show that CMCO has a trailing yield of 1.87% on the current share price of $14.94.
Franklin Financial Services Corp (FRAF) is also set to go ex-dividend tomorrow. The next dividend payment from FRAF will amount to $0.33 per share. May 02 has been designated as the record date for this dividend, with the actual payout scheduled for May 28. In the previous year, FRAF distributed a total of $1.28 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FRAF stands at 3.28% based on the current stock price of $38.99.
Costco Wholesale Corp (COST) will be paying out a dividend of $1.3 per share to shareholders holding their shares as of the close of the business hours on the record date of May 02. Over the past 12 months, COST has paid out a total of $4.64 per share in dividends. Based on the total dividends paid out last year, COST boasts an impressive trailing yield of 0.46% on the current share price of $998.85.
You've seen them. The cringey, mistargeted, and downright WTF ads. You sit there wondering why brands are spending billions on content that just leaves you questioning your entire algorithmic existence after seeing it.
RAD Intel is teaching brands - with proprietary tech - how to read the room. Their AI helps brands understand why content works, who it actually resonates with, and what to say next. RAD analyzes real-time audience behavior and predicts what will convert, so brands can stop guessing and start making ads that actually land.
And it's already in serious demand. Fortune 1000 brands like Hasbro, Sweetgreen, Skechers, and MGM are using RAD Intel to level up their marketing - and getting up to 3.5x better results. With $37M+ raised and a valuation that's jumped from $5M to $85M*, it's a bit of a shock that RAD Intel is still pre-IPO. Shares are just $0.60, and investors from Meta, Google, Amazon, and Fidelity Ventures are already in.
So check them out now and get in on the action before then, lest you get stuck in the "I almost invested" cycle of regret.
Invest by May 8, before it's too late.
Sponsored
Crypto Market Highlights
Institutional demand for Bitcoin yield strategies is rising, with firms leveraging DeFi tools like staking, lending, and Sharia-compliant products to generate returns without selling their BTC, according to Solv Protocol CEO Ryan Chow.
21Shares has filed to launch a spot Sui ETF in the US, joining over 70 crypto ETF applications currently awaiting SEC review amid surging institutional interest.
Morgan Stanley reportedly plans to offer cryptocurrency trading on its E*Trade platform by 2026, signaling a broader push into digital assets.
MultiBank Group has partnered with MAG and Mavryk to tokenize $3 billion of MAGβs luxury real estate portfolio on its blockchain-powered platform, governed by the MBG token.
Japanese firm Metaplanet will launch a US subsidiary to expand its Bitcoin accumulation efforts and aims to raise up to $250 million from institutional investors.
Ethena will integrate its sUSDe stablecoin natively on The Open Network (TON) as tsUSDe, enabling stablecoin support across Telegramβs massive user base.
Most Shorted Stocks
60 Degrees Pharmaceuticals Inc (SXTP) was one of the most shorted stocks as of latest short interest figures, with 30.91% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 0.2. This represents a change of 397,400 shares, which corresponds to a +1,360.96% increase in short interest. The total value of the shares held short is estimated to be around $1.1 million. The average daily volume stands at 1.72M shares, and the market capitalization of the company is $3.81M.
The Coherus Biosciences Inc with the symbol CHRS currently has a short interest of 30.86%. The short interest has changed by 540,000 shares. The days to cover ratio stands at 16.6. The estimated value of the shares held short is approximately $34.35 million. On an average day, 1.80M shares are traded, with the company's market capitalization totaling $120.53M.
For the stock Anavex Life Sciences Corporation (AVXL), the current short interest is at 31.71%. This represents a significant short interest change of -580,000 shares, corresponding to a short interest percentage decrease of -2.36%. The days needed to cover the short positions amount to 22.7. The approximate worth of the shares held short is $226.17 million.
With the symbol MPW, the stock currently has a short interest of 32.93%. The short interest change is -8,640,000 shares, compared with a short interest percentage change of -4.99%. It would take approximately 14.0 days to cover all the short positions. The shares short value is estimated to be around $137.82 million. The company boasts an average daily volume of 11.07M shares, contributing to a market capitalization of $3.48B.
The stock STOK has a current short interest of 26.73%. The short interest percentage has experienced an increase of +3.89% while there was a change of 470,000 shares in short interest. The ratio indicating the time required to cover short positions is 14.5. The calculated worth of the shorted shares amounts to around $1.63 billion. Trading activity averages at 886.80K shares per day, while the company's market capitalization stands at $541.88M.
A black turtleneck, a game-changing product, and an industry-shifting vision. But no, it's not Steve Jobs. Meet Dan Novaes, the visionary behind Mode Mobile β the company redefining smartphones.
Mode's revolutionary EarnPhone transforms phones into income streams, already paying out $325M for day-to-day activities and generating over $60M in revenue from +45M users.
And Dan has no plans of letting up now, recently reserving the Nasdaq ticker $MODE with the goal of taking the company public. But the real opportunity is now...
β Last chance to invest at $0.26/share - price changes on 5/1
This is a paid advertisement for Mode Mobile Regulation A offering. Please read the offering circular and related risks at invest.modemobile.com.
Sponsored
Biotech Stocks to Watch
According to our ST Score evaluation, Heron Therapeutics Inc (HRTX) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 62. The stock's profitability, performance, and growth are strong. However, its stock sentiment, Piotroski Score, and forecast are weak. Additionally, it is neutral in terms of financial strength.
Our ST Score also classifies TG Therapeutics Inc (TGTX) as a high-quality Biotech stock today, presenting a Score of 62. The stock has strong fundamentals in terms of profitability, performance, and growth. The financial strength, stock sentiment, Piotroski Score, and forecast are neutral.
Another stock in the category, Corcept Therapeutics Inc (CORT) has the ST Score of 61, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, growth, and Piotroski Score. Financial strength, stock sentiment, and forecast suggest a neutral outlook.
Verona Pharma Plc ADR (VRNA) stock has the ST Score of 59 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its performance, and financial strength, but its weaknesses are in its profitability. However, it shows neutral outlook in growth, stock sentiment, Piotroski Score, and forecast.
Adma Biologics Inc (ADMA) currently has the ST Score of 58, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, growth, and Piotroski Score, while its weak points are its financial strength. The stock's stock sentiment, and forecast indicate a neutral outlook.
π’ What do you think of our new Midday newsletter? |
That's it for today. Thanks for reading. Good luck out there!
Best Regards,
Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!