Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.Read Also: EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?Here’s a look at the Benzinga Stock Whisper Index for the week ending Nov. 29:Simon Property Group (NYSE:SPG): The large real estate investment trust saw increased interest from readers during the week. This trend could point to optimism ahead of the 2024 holiday shopping season, which is expected to see records set for Black Friday. With Thanksgiving falling later than normal, there are only 27 days from the day before Thanksgiving to Christmas Day. While this means fewer shopping weekends for retailers and malls, it could see a boost in traffic during the four main shopping holidays.
Analysts have been raising their price targets on the stock ahead of the holiday shopping season. Stifel raised their price target from $164.50 to $175.50 and Scotiabank raised their price target from $169 to $185. Recent guidance from the company was ahead of analyst estimates for the full fiscal year according to data from Benzinga Pro.The chart below from Benzinga Pro shows the five-day trading range of Simon Property Group. The stock is up 28% year-to-date.Allison Transmission Holdings (NYSE:ALSN): The automatic …Full story available on Benzinga.com
