10 Trending Stocks to Watch on Monday

Published on October 31, 2022 at 8:21 pm by Fahad Ali Khan in News

In this article, we will take a look at the 10 trending stocks to watch on Monday. If you want to explore some more stocks on the list, go directly to 5 Trending Stocks to Watch on Monday.

U.S. stocks edged lower during the last trading day of October. As of 01:13 PM ET, S&P 500 was down 0.69 percent, Dow Jones Industrial Average was negative 0.39 percent and the Nasdaq Composite slipped 0.96 percent. On the other hand, the 10-year Treasury yield jumped back over 4 percent around the same time.

The drop in the key indices reflects investors’ fears surrounding another interest rate hike from the U.S. Federal Reserve later this week. The U.S. central bank is expected to increase rates by 75 basis points to curb inflation.

Meanwhile, smartphone giant Apple Inc. (NASDAQ:AAPL), construction-equipment behemoth Caterpillar Inc. (NYSE:CAT) and diversified industrial company Emerson Electric Co. (NYSE:EMR) made their way into the headlines this morning.

Apple Inc. (NASDAQ:AAPL) shares inched down after multiple reports suggested that iPhone production could drop due to increasing coronavirus restrictions in China. On the other hand, Caterpillar Inc. (NYSE:CAT) came into the spotlight after receiving a downgrade from UBS, while Emerson Electric Co. (NYSE:EMR) was trending after posting better-than-expected earnings. Check out the remaining article to see some other trending stocks of the day.

Source:Pixabay

10. First Solar, Inc. (NASDAQ:FSLR)

Number of Hedge Fund Holders: 26

Shares of First Solar, Inc. (NASDAQ:FSLR) jumped nearly 10 percent in mid-day trading Monday after a couple of market research firms raised their price targets for the solar technology company.

Guggenheim analyst Joseph Osha lifted his price target for First Solar, Inc. (NASDAQ:FSLR) from $200 to $233, citing its solid bookings activity. Separately, BofA analyst Julien Dumoulin-Smith also raised his ratings for First Solar stock from $13 to $165. Smith believes the recent pricing and demand trend will drive the company’s core earnings growth in the coming years.

The latest price-target revisions follow the company’s third-quarter results. While First Solar, Inc. (NASDAQ:FSLR) missed profit and sales expectations for Q3, it reported strong net bookings for the quarter. First Solar, Inc. (NASDAQ:FSLR) said that it secured record net bookings of 43.7 GWDC on a year-to-date basis, with deliveries stretching to 2027.

9. Wynn Resorts, Limited (NASDAQ:WYNN)

Number of Hedge Fund Holders: 26

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) jumped over seven percent this morning following the news that billionaire investor Tilman Fertitta now holds a 6.1 percent stake in the high-end hotels and casinos operator.

According to a regulatory filing, Fertitta bought 6,917,551 shares of Wynn Resorts, Limited (NASDAQ:WYNN). Fertitta is CEO of Fertitta Entertainment, which owns several luxury hotels and casinos, such as Bubba Gump Shrimp, Del Frisco, the Bubba Gump Shrimp and Golden Nugget Hotel & Casinos.

Wynn Resorts, Limited (NASDAQ:WYNN) shares remained under pressure this year, primarily due to Covid-19 restrictions severely hurting its sales in Macao. The stock has lost about 30 percent of its value so far in 2022.

8. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Number of Hedge Fund Holders: 30

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is next on the list of 10 trending stocks to watch on Monday. The stock fell more than seven percent in pre-market trading today after receiving a downgrade from JPMorgan.

The research firm lowered its ratings for Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) from “Overweight” to “Neutral,” citing leadership change in Brazil. Analyst Rodolfo Angele believes the new administration may call for a change in the company’s strategic directions. He also trimmed his price target for Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) from $20 per share to $14 per share.

Besides Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), Apple Inc. (NASDAQ:AAPL), Caterpillar Inc. (NYSE:CAT) and Emerson Electric Co. (NYSE:EMR) were also among the top trending stocks of the day.

7. Public Service Enterprise Group Incorporated (NYSE:PEG)

Number of Hedge Fund Holders: 31

Public Service Enterprise Group Incorporated (NYSE:PEG) came into the spotlight on Monday after releasing its financial results for the third quarter. The diversified energy company reported adjusted earnings of 86 cents per share, compared to 98 cents per share in the corresponding period of the prior year.

In addition, Public Service Enterprise Group Incorporated (NYSE:PEG) posted revenue of $2.27 billion, up 19.4 percent on a year-over-year basis. The results exceeded the consensus of 82 cents per share for earnings and $2.04 billion for revenue.

Meanwhile, Public Service Enterprise Group Incorporated (NYSE:PEG) narrowed its full-year adjusted earnings guidance to a range of $3.40 – $3.50 per share, from its previous forecast between $3.35 – $3.55 per share.

6. ON Semiconductor Corporation (NASDAQ:ON)

Number of Hedge Fund Holders: 39

Shares of ON Semiconductor Corporation (NASDAQ:ON) slid more than six percent in mid-day trading Monday despite beating financial expectations for the third quarter. The semiconductor supplier earned $1.45 per share on an adjusted basis, significantly higher than 87 cents per share in the year-ago period.

Revenue for the quarter climbed 26 percent versus last year to $2.19 billion. Analysts expected ON Semiconductor Corporation (NASDAQ:ON) to earn $1.32 per share on revenue of $2.12 billion.

For the current quarter, ON Semiconductor Corporation (NASDAQ:ON) guided for adjusted earnings in the range of $1.18 – $1.34 per share and revenue between $2.01 – $2.14 billion.

Speaking on the results, CEO of ON Semiconductor Corporation (NASDAQ:ON), Hassane El-Khoury, said in a statement:

“We have taken a proactive and deliberate approach over the last several quarters to make the structural changes required to strengthen our business, and we are in a better position than ever to navigate the current uncertainty in the market.”

Click to continue reading and see 5 Trending Stocks to Watch on Monday.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on November 14, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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