Zacks Investment Ideas feature highlights: CoreWeave, Newsmax, IonQ, Oklo and Reddit

For Immediate ReleaseChicago, IL – April 2, 2025– Today, Zacks Investment Ideas feature highlights CoreWeave CRWV, Newsmax NMAX, IonQ IONQ, Oklo OKLO and Reddit RDDT.Market Bottom in Sight After Q1 Struggles?The first quarter was a rough one for US investors. US equities have lagged international equities for the first time in years, and the S&P 500 Index is down 4~% while the Nasdaq 100 is down ~7%. Fear and uncertainty about the Trump tariff plan (which will be unveiled soon and go into effect April 2nd) and high valuations in the tech sector are the culprits for the correction.Bears will tell you that many market uncertainties remain. Conversely, bulls may argue that the correction has already played out, with many tech stocks down 50% or more. Below are five reasons the market has likely bottomed, including:SPX April Returns When March Down 3% or MoreIf history is any guide, stocks are set for a strong April. According to BTIG, stocks have never been lower in April after a 3% or worse drawdown in March post-World War Two. Not only have they never been lower, but stocks have averaged a 5.92% April gain and a 17.95% April-End-of-year gain (far surpassing the average for the S&P during a normal year).IPO Market on FireFor two reasons, the IPO market can be a fantastic gauge of market sentiment. First, the conviction of new companies to go public can signal optimism about the future. Second, when investors buy these stocks, they are willing to take on more risk than simply buying stocks that have been public for a while. CoreWeave, a cloud platform used to scale AI applications, gained around 20% on Tuesday. Meanwhile, Newsmax is up more than 10-fold since going public on Monday!VIX Term Structure InvertingTypically, longer-term VIX futures are higher than shorter-term VIX futures (contango). However, this signal has inverted (backwardation) signaling extreme levels of fear. This has been a fantastic bottoming signal for markets in the past few years.Notable Insider BuyingInsider buying is one of the best ways to gauge management's conviction in their own stock. Unlike insider selling, insiders only buy for one reason – to make money. Over the past few weeks, insider purchases have been made in stocks like IonQ, Oklo and Reddit.QQQ Bear TrapOn Monday, the Nasdaq 100 Index ETF whooshed below the March lows before reversing higher to create a "hammer candle." Such a pattern is often a shakeout that turns into a reversal and a market bottom.Bottom LineDespite a challenging first quarter marked by tariff uncertainty and higher valuations, there are several signals, including seasonality, the IPO market, and the VIX, that suggest a market bottom is nearby.Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IonQ, Inc. (IONQ): Free Stock Analysis Report Reddit Inc. (RDDT): Free Stock Analysis Report Oklo Inc. (OKLO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks