⚡️ Stock Ideas This Week: Plurilock Security (+32.97%) & Telos Corp (+25.24%)

This week in U.S. markets, attention is on earnings and inflation, with Walmart’s upcoming report and fresh CPI data keeping investors on edge. Inflation appears to be cooling, giving hope that the Fed might ease off on rate hikes.

In the tech sector, AI and semiconductor stocks are gaining momentum, while energy stocks are up on rising oil prices. Meanwhile, Plurilock Security (PLUR is making waves, surging over 400% in Canadian junior markets. Their expansion in cybersecurity services and strategic hires, like ex-White House advisor Bryan Cunningham, are fueling growth and setting the stage for potential uplisting.

Overall, it’s a week of cautious optimism, with key sectors showing strength and companies like Plurilock making significant strides. Stay tuned, as market moves are happening fast.

⚡Stock Ideas For You

👑 Plurilock Security (PLUR:TSXV) | +32.97% since alert

PLUS has been in the news recently: Plurilock Security has been making significant strides recently, both in its business growth and market presence. The company's stock has surged by over 400% in the Canadian junior markets, largely due to its expanding cybersecurity services and strong revenue performance. Plurilock's focus remains on providing IT and security solutions to federal governments in the U.S. and Canada, as well as large global companies.

A major development is their recent $6.16 million, five-year contract with the U.S. Department of the Treasury. This deal, secured through their subsidiary Aurora Systems Consulting, involves providing Microsoft Unified services and AI Azure support. This contract is a significant win, further solidifying Plurilock's presence in the U.S. government sector.

Additionally, the company has strengthened its advisory council with industry veterans like Bryan Cunningham, a former White House cybersecurity advisor who played a key role in Palantir's early development. Cunningham's deep expertise in national security and cybersecurity policy, including his contributions to the U.S. National Strategy to Secure Cyberspace and the drafting of the Homeland Security Act, is expected to bring valuable insights and connections that could open new business opportunities for Plurilock.

Looking ahead, Plurilock plans to continue expanding its margins and exploring potential acquisitions, which could further enhance its market position. The company is also considering uplisting to more senior exchanges, which could provide additional visibility and attract more investors​ (read more).

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🟢 Telos Corp (TLS) | +25.24% since alert

📰 In The News Signal

TLS has been in the news recently: Telos Corporation (NASDAQ: TLS) reported a 13% decline in Q2 2024 revenue, totaling $28.5 million, while narrowing its net loss to $7.76 million, with shares recently down 48%. The company has expanded its operations by opening seven new TSA PreCheck enrollment locations across several states, bringing its total to 83 centers nationwide.

📙What does TLS do?
Telos Corp., based in Ashburn, Virginia, designs advanced technologies focusing on cybersecurity and secure networks for various clients including the U.S. federal government, and international entities. The company offers solutions like Xacta for cybersecurity and secure messaging, and provides network design and defensive cyber operations through its Security Solutions and Secure Networks segments.

🟢 Valhi Inc (VHI) | +9.90% since alert

📰 In The News Signal

VHI has been in the news recently: Valhi, Inc. reported a revenue of $563.4 million and a net income of $19.9 million in Q2 2024, demonstrating a recovery from losses in the same quarter of the previous year. The company will distribute a dividend of $0.08 per share on September 26, yielding 1.7%, despite experiencing a decline in earnings over recent years.

📙What does VHI do?
Valhi, Inc., headquartered in Dallas, Texas with 2,266 employees, operates through subsidiaries like NL Industries and Kronos Worldwide, focusing on titanium dioxide pigments, security products, and real estate services. Its business segments include Chemicals managed by Kronos, Component Products by CompX, and Real Estate Management and Development by BMI and LandWell.

🟢 Keycorp (KEY) | +9.17% since alert

📰 In The News Signal

KEY has been in the news recently: KeyCorp has secured a $2.8 billion investment from Scotiabank, raising its CET1 capital ratio to 12.4% and boosting its growth potential. Following this investment, KeyCorp's shares rose by 18%, reflecting increased investor confidence.

📙What does KEY do?
KeyCorp, headquartered in Cleveland, Ohio, is a bank holding company that provides a wide variety of financial services through KeyBank and other subsidiaries, employing 17,666 full-time staff. Its offerings include retail and commercial banking, investment management, and specialized services such as commercial leasing and student loan refinancing for individual, corporate, and institutional clients.

🟢 Paragon 28 Inc (FNA) | +8.13% since alert

📰 In The News Signal

FNA has been in the news recently: Rosen Law Firm and Bronstein, Gewirtz & Grossman, LLC are investigating potential securities claims against Paragon 28, Inc. after its stock dropped 13.7% following the need to restate misleading financial statements. The company's shares fell to $7.79 after reporting $61 million in revenue and a loss of $0.17 per share, with projected revenue of $252.3 million for 2024.

📙What does FNA do?
Paragon 28, Inc., an orthopedic foot and ankle company based in Englewood, Colorado, specializes in developing and distributing a wide range of medical devices including plates, screws, and staples. The company, which went public in 2021, offers a comprehensive suite of 75 product systems with about 9,200 SKUs tailored to various surgical needs and patient anatomies.

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FULL DISCLOSURE: Plurilock Security Inc. is a client of Cashu Technologies Pty Ltd. The author has been compensated to cover Plurilock Security Inc. with Cashu having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.