Watch AMC Networks, Goodyear, and Groupon
Investors who want to consider off-the-radar stocks have three ideas to consider.
AMC Networks (AMCX) traded as high as $7.62 on August 8 after posting Q2 results. Revenue of $600.02 million is down by 4.1% Y/Y. Still, its FCF outlook rises to $250 million in 2025.
Short sellers need to cover their 14.94% short interest on AMCX stock. The firm is an early adopter in the fast-moving space of deploying AI for generative visualization, according to Dan McDermott, the company’s president.
Goodyear Tire (GT) broke down from the $10 support level, closing at $8.36 on August 8. It posted a 1.5% Y/Y fall in revenue, to $4.5 billion. Broad-based price increases will hurt demand after Canada responded to U.S. tariffs. Specifically, this hurts sales of new tire products more than the 18-inch market.
The volume outlook for Q4 is uncertain. Volume resets and rising tariffs complicate the sensitive supply chain.
For a stock with strong momentum, look at Groupon (GRPN). The firm posted a 12% Y/Y increase in global billings. It grew by 20% in the North America Local Billings segment.
GRPN stock is attractive for its $25 million in positive free cash flow. The firm was proactively refinanced. It simplified its capital structure and eliminated constraints. CEO Dusan Senkypl said that Groupon is in an “offensive” mode.
