Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
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Here's a look at the Benzinga Stock Whisper Index for the week ending June 5:
Xos Inc (NASDAQ:XOS): The fleet electrification company saw shares surge recently on the launch of its 2.5MWh Power Hub series. The company's launch aims to tackle part of the global data center demand with energy storage systems and site energization. The sharp increase was followed by shares trading lower after the company announced a direct offering to sell over one million shares at $5.50 each. With a market capitalization of $64 million, the stock could be volatile to news announcements and share offerings. With entry into the growing data center market, the stock could be one to watch.
