Remark Holdings Inc. (NASDAQ: MARK) is a technology company that develops AI solutions and custom products for a range of industries. The company’s stock has become a popular option for bargain investors, thanks to its potential for a strong upside and the company’s involvement in developing technology for the ‘new normal’ after the Coronavirus Pandemic.
Remark has developed proprietary AI technologies for temperature monitoring, which are already being considered by corporations as global business opens back up and people return to work. Because of its potential to supply businesses with pandemic-related technologies in the coming months, analysts have pinned an average target price of $10.50 to the stock. Remark is a technology partner of Hewlett Packard Enterprise, giving it access to strong commercial opportunities across large business and government clients.
The share price was hit in the recent market pullback but it’s already showing signs of recovery, suggesting that now is the best time to buy. The stock gained more than 8% on Tuesday as confidence returned to the market. For the potential upside, this is one of the best bargain stocks for alternative investors today.
- 1 Year Price Growth: 33%
- YTD Price Growth: 79%
- 3 Month Price Growth: 26%
All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.