Cybersecurity technology company CrowdStrike (NASDAQ:CRWD) has given investors plenty to cheer about lately. CRWD stock has risen nearly 30% so far in 2021 and 78% over the past year.
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That kind of growth has led many investors to question whether a slowdown is imminent. The good news is that it doesn’t appear to be. Despite the rapid price appreciation in CRWD stock, there’s likely quite a bit more in store.
A Closer Look at CRWD Stock
CrowdStrike has been in a sustained uptrend since March 2020 and doesn’t look to be slowing down. Of course, September has been a tough month for the markets, but this may present a buying opportunity. Currently, CRWD stock is sitting about 12% below its high of $289.24, which was made in late August.
Hot Growth Stocks To Buy Right Now: Carrizo Oil & Gas, Inc.(CRZO)
Carrizo Oil & Gas, Inc. is a Houston-based energy company which, together with its subsidiaries (collectively, “Carrizo,” the “Company” or “we”), is actively engaged in the exploration, development, and production of oil and gas primarily from resource plays located in the United States. Our current operations are principally focused in proven, producing oil and gas plays primarily in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado and the Marcellus Shale in Pennsylvania. The Company achieved record total production in 2015 of 13.4 MMBoe, a 12% increase from 2014, despite significantly lower capital expenditures in 2015 when compared to 2014. At year-end 2015, our proved reserves of 170.6 MMBoe were 64% crude oil, 12% natural gas liquids and 24% natural gas. Our reserves increased primarily as a result of our ongoing drilling program in the Eagle Ford. Advisors’ Opinion:
- [By Stephan Byrd]
Carrizo Oil & Gas (NASDAQ:CRZO)’s stock had its “buy” rating reaffirmed by investment analysts at Northland Securities in a report issued on Tuesday. They currently have a $25.00 price objective on the oil and gas producer’s stock. Northland Securities’ price target would suggest a potential upside of 109.21% from the company’s previous close.
- [By Max Byerly]
BidaskClub upgraded shares of Carrizo Oil & Gas (NASDAQ:CRZO) from a hold rating to a buy rating in a report published on Wednesday morning.
Several other research firms have also commented on CRZO. Royal Bank of Canada reissued a buy rating and set a $29.00 price target on shares of Carrizo Oil & Gas in a research report on Thursday, July 12th. Zacks Investment Research lowered shares of Carrizo Oil & Gas from a buy rating to a hold rating in a research report on Thursday, July 26th. Stifel Nicolaus cut their price objective on shares of Carrizo Oil & Gas from $44.00 to $34.00 and set a buy rating on the stock in a report on Thursday, June 28th. Jefferies Financial Group restated a hold rating and set a $27.00 price objective on shares of Carrizo Oil & Gas in a report on Wednesday, July 18th. Finally, Williams Capital restated a buy rating and set a $41.00 price objective on shares of Carrizo Oil & Gas in a report on Monday, July 23rd. Nine equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $29.58.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Carrizo Oil & Gas (CRZO)
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Hot Growth Stocks To Buy Right Now: Huttig Building Products, Inc.(HBP)
Huttig Building Products, Inc., incorporated on January 2, 1913, is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states. The Company’s distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes. The Company’s products are organized into three categories: millwork, general building products and wood products.
Millwork
Millwork includes exterior and interior doors, pre-hung door units, windows, patio doors, moldings, frames, stair parts and columns. Key brands in Millwork product category include Therma-Tru, Masonite, Woodgrain Doors HB&G, Simpson Door, Windsor Windows and Rogue Valley Door.
General building products
General building products includes products, such as roofing, siding, insulation, flashing, house wrap, connectors and fasteners, decking, railings, drywall, kitchen cabinets and other miscellaneous building products. Key brands in General building products category include Louisiana Pacific, Simpson Strong-Tie, Timbertech, AZEK, BP Roofing, Grace, Fiberon, RDI, Owens Corning, Typar, Atlas Roofing, Alpha Protech and Maibec.
Wood products
Wood products include engineered wood products, such as floor systems, and other wood products, such as lumber and wood panels. The engineered wood product line offers services, such as floor system take-offs, cut-to-length packages and just-in-time, cross-dock delivery capabilities.
Advisors’ Opinion:
- [By Money Morning Staff Reports]
Here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) Consumer Goods $4.39 259.84%
Gridsum Holding Inc. (NASDAQ: GSUM) Technology $4.32 108.70%
Sky Solar Holdings Ltd. (NASDAQ: SKYS) Utilities $1.08 89.47%
Conformis Inc. (NASDAQ: CFMS) Healthcare $1.26 75.00%
Ideal Power Inc. (NASDAQ: IPWR) Industrial Goods $0.52 56.73%
ADMA Biologics Inc. (NASDAQ: ADMA) Healthcare $4.22 52.35%
CAS Medical Systems Inc. (NASDAQ: CASM) Healthcare $2.41 51.57%
Arcimoto Inc. (NASDAQ: FUV) Consumer Goods $4.88 50.15%
Adomani Inc. (NASDAQ: ADOM) Consumer Goods $0.38 49.94%
Huttig Building Products Inc. (NASDAQ: HBP) Services $3.41 47.62%
Can’t-Miss Opportunity: Renowned Author of Best-Selling Investment “Bible” Just Released His Newest Pick
Hot Growth Stocks To Buy Right Now: Critical Elements Corporation (CRECF)
Critical Elements Corporation is a Canada-based exploration company. The Company is involved in the acquisition, exploration and development of mining properties. The Company’s properties include Rose Lithium-Tantalum property, Amiral property, Arques property, Bourier property, Caumont property, Dumulon property, Duval property, Lemare property, Nisk property, Valiquette Property and British Columbia Rare Earth properties. Its Rose Lithium-Tantalum property consists of approximately 500 claims, covering a total area of approximately 260.9 square kilometers. The Amiral property consists of a block of approximately 10 claims, covering an area of approximately 420 hectares. The Amiral project is located approximately 80 kilometers North East (NE) of Nemiscau airport and can only be accessed by helicopter. The Arques property consists of a block totaling over 130 claims, covering an area of over 6,360 hectares and a distance of over 20 kilometers in a southwest (SW)-NE direction. Advisors’ Opinion:
- [By ]
Other juniors include: Advantage Lithium (OTCQB:AVLIF) [TSXV:AAL], AIS Resources [TSXV:AIS] (OTCQB:AISSF), American Lithium Corp. [TSX-V: LI] (OTCQB:LIACF), Argentina Lithium and Energy Corp. [TSXV:LIT] (OTCQB:PNXLF), Argosy Minerals [ASX:AGY] (OTC:ARYMF), AVZ Minerals [ASX:AVZ] (OTC:AZZVF), Bacanora Minerals [TSXV:BCN] [AIM:BCN] [GR:1BQ] (OTC:BCRMF), Birimian Ltd [ASX:BGS] (OTC:EEYMF), Critical Elements [TSXV:CRE] [GR:F12] (OTCQX:CRECF), Dajin Resources [TSXV:DJI] (OTCPK:DJIFF), Enigri (private), Eramet (EN Paris:ERA) (OTCPK:ERMAY), European Metals Holdings [ASX:EMH] [AIM:EMH] [GR:E861] (OTC:ERPNF), Far Resources [CSE:FAT] (OTCPK:FRRSF), Force Commodities [ASX:4CE], Kidman Resources [ASX:KDR] [GR:6KR], Latin Resources Ltd [ASX: LRS] (OTC:LAXXF), Lithium Australia [ASX:LIT] (OTC:LMMFF), Lithium Power International [ASX:LPI] (OTC:LTHHF), LSC Lithium [TSXV:LSC] (OTC:LSSCF), MetalsTech [ASX:MTC], MGX Minerals [CSE:XMG] (OTC:MGXMF), Millennial Lithium Corp. [TSXV:ML] (OTCQB:MLNLF), Neo Lithium [TSXV:NLC] (OTC:NTTHF), NRG Metals Inc. [TSXV:NGZ] (OTCQB:NRGMF), Nemaska Lithium [TSX:NMX] [GR:NOT] (OTCQX:NMKEF), North American Lithium (private), Piedmont Lithium [ASX:PLL] (OTC:PLLLY), Prospect Resources [ASX:PSC], Sayona Mining [ASX:SYA] (OTCPK:DMNXF), Savannah Resources [LSE:SAV], Standard Lithium [TSXV:SLL] (OTC:STLHF), and Wealth Minerals [TSXV:WML] (OTCQB:WMLLF).
- [By ]
The following 6 companies are on the bench for the index:
Advantage Lithium (OTCQX:AVLIF) Argosy Minerals (OTCPK:ARYMF) Bacanora Minerals (OTC:BCRMF) Critical Elements (OTCQX:CRECF) NEO Lithium (OTCQX:NTTHF) Wealth Minerals (OTCQX:WMLLF)
“Bench” is a sports analogy meaning that one or more of them could be added in the future if one of the above companies becomes a producer, is acquired, or the market capitalization (“cap”) of one or more of the index holdings falls significantly below that of one or more companies on the bench.
