⚡Stock Ideas This Week: Redhill Pharma (+90%), Cardex (+26%), Energy Recovery (20%)

Here is your latest instalment of Cashu’s ‘In A Nutshell’ market signals series.

Twice a week, we bring you the biggest and most crucial stock signals we've picked up in the Cashu App (Apple, Android), ensuring you're always in the know and ahead of the market.

⚡Stock Ideas For You

🟢 Redhill Biopharma Ltd (RDHL) | +90.10% since alert

🎯 New Price Target Signal

3 analysts think RDHL stock price will increase by 193,796%. The current median analyst target is $775.20 compared to a current stock price of $0.40. The lowest analysts target is $767.60 and the highest analyst target is $798.00.

📙What does RDHL do?
RedHill Biopharma Ltd. specializes in developing treatments for gastrointestinal and infectious diseases, actively promoting drugs like Talicia for H. pylori and Aemcolo for travelers' diarrhea. The company's advanced clinical programs include RHB-204 for NTM disease, opaganib for multiple indications, RHB-107 for COVID-19, RHB-104 for Crohn's disease, and RHB-102 for chemotherapy-induced nausea.

🟢 Orgenesis Inc (ORGS) | +32.02% since alert

🎯 New Price Target Signal

3 analysts think ORGS stock price will increase by 868.20%. The current median analyst target is $6.12 compared to a current stock price of $0.63. The lowest analysts target is $6.06 and the highest analyst target is $6.30.

📙What does ORGS do?
Orgenesis, Inc., a biotech company based in Germantown, Maryland with 167 employees, specializes in cell and gene therapy, focusing on autologous therapies manufactured via automated, closed systems for point-of-care treatment. The company, which went public in 2010, operates through two segments: Octomera LLC offering point-of-care services, and a Therapies segment focused on therapeutic development.

🟢 Caredx Inc (CDNA) | +25.84% since alert

🎯 New Price Target Signal

7 analysts think CDNA stock price will decrease by -7.52%. The current median analyst target is $17.34 compared to a current stock price of $18.75. The lowest analysts target is $15.15 and the highest analyst target is $23.10.

📙What does CDNA do?
CareDx, Inc., a transplant diagnostics company based in Brisbane, California, specializes in developing and commercializing diagnostic solutions for transplant patients, having launched its IPO in 2014. The company offers products like AlloSure and AlloMap, targeting kidney, heart, and lung transplant recipients, and employs 727 people.

🟢 Radware (RDWR) | +20.50% since alert

📰 In The News Signal

RDWR has been in the news recently: Radware Ltd. reported second quarter 2024 revenue of $67 million, a 3% increase from the previous year, and cloud ARR reached $70 million, up 19% year-over-year. Additionally, the company launched EPIC-AI to improve cybersecurity, achieving top scores in vulnerability detection while reporting $1.7 million in earnings.

📙What does RDWR do?
Radware Ltd. offers application delivery and cybersecurity solutions including DDoS protection, WAF, and ADC technologies, focusing on cyber-attack mitigation for various applications in data centers. Their products range from DefensePro and AppWall for security to Alteon NG and LinkProof NG for application delivery.

🟢 Energy Recovery Inc (ERII) | +20.27% since alert

📰 In The News Signal

ERII has been in the news recently: Energy Recovery, Inc. appointed Mike Mancini as CFO, effective August 5, 2024, due to his extensive experience in high-growth engineering and technology sectors. In Q2 2024, the company reported revenue of $27.2 million, a net loss of $0.6 million, and anticipates full-year revenue between $140 million and $150 million.

📙What does ERII do?
Energy Recovery, Inc., headquartered in San Leandro, California, designs and manufactures fluid flow solutions for markets including desalination and refrigeration, with a focus on devices like the PX Pressure Exchanger. The company, which launched its IPO in 2008, operates in two segments: Water, involving products for seawater desalination, and Emerging Technologies, focusing on applications like commercial refrigeration.

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