30 Stocks Expected To Beat the Market By 20 Percentage Points This Year

27. Knife River Corporation (NYSE:KNF)

Analyst Upside: 49.43%

Number of Hedge Fund Holders: 28

Knife River Corporation (NYSE:KNF) ranks among the 30 stocks expected to beat the market by 20 percentage points this year. On June 16, RBC Capital began coverage of Knife River Corporation (NYSE:KNF) with a price target of $129 and an Outperform rating.

Knife River Corporation (NYSE:KNF) is targeting mid-sized, high-growth markets in the US, according to RBC Capital, and plans to expand its exposure to aggregates while boosting its EBITDA margin by 400 basis points, or 25%, over the medium term.

This margin gain will be accomplished through “operational efficiency improvements, pricing discipline, growth capex and M&A,” according to the firm, which also described Knife River Corporation (NYSE:KNF) as providing a “doubled-edged growth story” in terms of both revenues and margins.

RBC Capital adds that the market has not yet completely priced in the company’s EDGE strategy delivery, which presents “an attractive opportunity” for investors.

Knife River Corporation (NYSE:KNF) offers contractual services and construction supplies based on aggregates.