5 Best Short-Term Stocks to Invest In

4. HighPeak Energy, Inc. (NASDAQ:HPK)

3-Month Return as of November 21: 21.62%

One-Year Return as of November 21: -28.29%

Number of Hedge Fund Holders: 9

HighPeak Energy, Inc. (NASDAQ:HPK) is an independent oil and natural gas company engaged in the acquisition, development and production of oil, natural gas and NGL reserves, based in Fort Worth, Texas. It is primarily focused on the development of reserves in Howard County of the Midland Basin.

On November 6, HighPeak Energy, Inc. (NASDAQ:HPK) released its financial results for Q3 2023 which showed a solid performance. Its revenue increased by 69% y-o-y to $346 million while net income shrunk by 64% y-o-y to $39 million, mainly due to a significant increase in operating expenses.

Prior to the earnings release, the Board of Directors of HighPeak Energy, Inc. (NASDAQ:HPK) declared a quarterly cash dividend of $0.025 per share.

Like other stocks such as Centene Corporation (NYSE:CNC), AT&T Inc. (NYSE:T), and The Liberty SiriusXM Group (NASDAQ:LSXMA), the shares of HighPeak Energy, Inc. (NASDAQ:HPK)s are among the Best Short-Term Stocks to Invest In.