SoundHound AI (SOUN 15.38%) is likely one of the cheapest artificial intelligence (AI) stocks available (at least on a dollar-per-share basis). While most brokerages offer fractional shares, not all do, and that can limit what stocks investors can buy.
This company utilizes artificial intelligence to improve business processes.
With a capital structure composed of 80% equity and one of the youngest fleets in the refined product market, Scorpio Tankers is well-positioned to navigate the current market weakness. Using the average daily rate of ~$29,500 reported in Q3, Scorpio Tankers would generate approximately $450 million in annual free cash flows after accounting for $182 million in depreciation. This would represent a free cash flow yield of ~17.5% relative to the current market capitalization of $2.56 billion.
The weight-loss biotech Viking Therapeutics (VKTX 1.83%) saw its stock get absolutely slammed on Dec. 18, falling 18% as a result of a new move announced by Merck (MRK -1.48%).
Memory chip manufacturer Micron (MU 3.48%) threw investors for a loop on Thursday with a quarterly report that featured an outlook that wasn't even in the ballpark of Wall Street's expectations.
I upgrade Darden Restaurants (DRI) from sell to hold, recognizing its ability to thrive in a tough promotional environment and maintain strong margins. DRI's recent performance, including a revenue beat and expanded margins, demonstrates resilience and potential for revenue growth despite intense competition. Olive Garden's positive SSSG, LongHorn's loyal customer base, and the promising Uber Eats partnership are key growth drivers for DRI.
Kinder Morgan (KMI 2.33%) pays its investors well. At its current share price, the natural gas pipeline giant's dividend yields 4.3% -- several times higher than the S&P 500 's 1.2% yield.
Cybersecurity is one of the most lucrative corners of the market to invest in. If the economy goes through a downturn, these companies would still be set up for success, as cybersecurity is one area of software where businesses can't afford to skimp out on spending.
Investors who are hungry for dividend-paying stocks that can be relied on will want to turn their attention toward the Dow Jones Industrial Average (^DJI 1.18%). It's a great place to start looking for streams of passive income.