2 Promising Stocks Most Investors Are Ignoring

Let’s think past Nvidia (NVDA) for a moment and take a look at some under-the-radar stocks you might have been missing, in an industry most investors are ignoring right now in the face of semiconductor madness.

We’re talking about Apps. 

In the span of not even 20 years, apps and programs feel like they’ve taken over our lives. There’s even a good chance you’re reading this in an email app. Yet it can be difficult to tell at a glance which companies behind them are worth an investment and which are yet another flash in the pan. Consider:

• Oversaturation is an understatement, with thousands upon thousands of apps hitting stores each month, and little way to determine exactly which ones might make it big. AI coding and ease of access are only going to pour fuel onto this trend.
• Apps (and even larger software companies) are monetizing differently, and the debate about best practices continues. Some apps will have what it takes to get recurring revenue. Some will fail to monetize properly. Others might overdo it and lose their customer base.
• Every app company might try to use AI in one form or another, but not all will make the most of it (or avoid using it in the wrong ways).

All of this leads to ongoing upheaval in app stocks. Yet the real question is “which ones should I watch?” Thankfully, we have the Zen Ratings system to help us find them. Here are two A-rated App stocks that are worth a look:

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1. Atlassian Corp (NASDAQ: TEAM)

Holding the well-known JIRA software (among others), TEAM is in an interesting position right now as more companies and AI leaders realize that the profit potential for this new technology isn’t always in consumers, but instead in business customers and enterprise solutions. And with products that stand the most to gain improvements from AI and an extremely bullish outlook from analysts and key stakeholders, TEAM is the app stock to watch right now.

As mentioned, sentiment is strong for TEAM right now, with huge growth potential. The Momentum Component Grade may be concerning to some, though the stock already soared after an earnings and revenue beat. It may take time, but it remains one of the strongest App industry stocks we cover.

2. Intellicheck (NASDAQ: IDN)

As cybersecurity becomes an increasing threat (and it will increase for decades to come), there is all the more money to be made in the cybersecurity industry and for any company that can provide a solution that allows for authentication and risk-mitigation, for businesses and individuals. In a nutshell, that’s what Intellicheck does, and its products are found in all sorts of electronic devices, from credit card terminals to smartphones to desktop computers.

Its Component Grades in some ways echo TEAM’s, and for good reason. There is no lack of demand, and AI technologies could very well transform what the company and its products are capable of. And even in uncertain economic times, it would be a foolish choice for businesses to cut back on the type of security IDN provides. Investors will want to look for further innovation, continued financial health, and how the market reacts to a recent price drop (which, for some, simply means an opportunity to buy).

Want to learn more about the above stocks, other app stocks, or any stock you’re interested in? WallStreetZen Premium will be your best friend. With it, you’ll gain access to all the fundamental information you need, an unlimited watchlist, premium stock ideas pages, and more.

And what if you want a more guided approach when the news cycle is too much, and you have other things to do? Then Zen Investor is for you. With it, you’ll have access to webinars and commentary from our own Steve Reitmeister, who has more than 40 years of investing experience. You’ll also receive access to a model portfolio based on that experience and the Zen Ratings system.

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