These 10 Stocks are Stealing the Spotlight

6. NextDecade Corp. (NASDAQ:NEXT)

NextDecade rallied by 11.79 percent on Tuesday to close at $9.20 apiece as investor sentiment was bolstered by an investment firm’s “buy” recommendation on its stock.

In a market note on Tuesday, TD Cowen raised its recommendation for NextDecade Corp.’s (NASDAQ:NEXT) stock to “buy” from “hold” previously, while increasing its price target to $11 from $9. The new price target represents a 19.56 percent upside from its latest closing price.

According to TD Cowen, the upgrade was based on optimism for the development of trains 4 and 5 at its Rio Grande LNG facility, which could bolster growth prospects faster than previously expected.

However, TD Cowen noted that NextDecade Corp. (NASDAQ:NEXT) should provide additional financial transparency in relation to its final investment decision, which should boost investor confidence in its execution capabilities.

NextDecade Corp. (NASDAQ:NEXT) is an LNG developer focusing on exporting LNG projects.