We recently compiled a list of the 11 Stocks That Will Bounce Back According To Analysts. In this article, we are going to take a look at where Rumble Inc. (NASDAQ:RUM) stands against the other stocks that will bounce back.
Major US indexes finished in the green on Wednesday, May 7, after a volatile session as investors reacted to updates from the Federal Reserve and new trade developments. The S&P 500 rose by 0.43%, while the tech-heavy Nasdaq added 0.27%. The blue-chip Dow Jones Industrial Average increased by 0.7%
READ ALSO: 11 Best Stocks Under $15 to Buy According to Hedge Funds and 10 Most Profitable Cheap Stocks to Buy Now.
As anticipated, the Federal Open Market Committee decided to keep its benchmark overnight borrowing rate unchanged in a range between 4.25% to 4.5%, where it has been since December.
In its post-meeting statement, the Fed pointed out that the risks of both higher unemployment and higher inflation have risen. The Fed also said that uncertainty about the economic outlook has grown and that it will keep watching new data closely before making any changes. This announcement coincides with growing concerns about a global trade war that could send prices higher. This could make it difficult for the central bank to achieve its goal of bringing inflation down to 2%.
During the post-decision press conference, Fed Chair Jerome Powell stated that if the recently announced large increases in tariffs remain in place, they could slow economic growth, push inflation up in the long run, and increase unemployment.
Bloomberg reported on Wednesday that the Trump administration aims to end trade restrictions on AI. This helped boost some AI and tech stocks. However, earlier on Wednesday, President Trump told reporters that he is not ready to lower tariffs on China as a condition to start trade talks. This statement by the US President came ahead of meetings set to take place this weekend between US and Chinese officials in Switzerland to discuss trade issues.
Methodology
To compile our list of the 11 stocks that will bounce back according to analysts, we looked for stocks that have lost at least 30% year-to-date as of May 5, 2025. Next, we focused on the top stocks that analysts believe have the most potential for growth. To find stocks that will bounce back, we narrowed down our selection by looking for stocks that analysts believe will gain at least twice as much as they have lost year-to-date. Finally, we ranked the 11 stocks that will bounce back based on their average price target upside potential according to analysts as of May 5, 2025.
Additionally, we mentioned the hedge fund sentiment surrounding each stock, which was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A large flat-screen TV streaming video from a video hosting platform.
Rumble Inc. (NASDAQ:RUM)
Year-to-Date Performance: -37.26%
Average Price Target Upside Potential According to Analysts: 79.95%
Number of Hedge Fund Holders: 13
Rumble Inc. (NASDAQ:RUM) is a Canadian online video platform and cloud services provider. It is known for its independent infrastructure that allows creators to express themselves freely without the fear of being censored, removed, or canceled. Rumble Inc. (NASDAQ:RUM) ranks among stocks that will bounce back according to analysts.
The company is focused on growing its audience and establishing itself as a top platform for creators and viewers. On March 14, Rumble Inc. (NASDAQ:RUM) launched Rumble Live, a linear live streaming lineup of dynamic creator content that lets viewers watch news, commentary, and entertainment all day without having to go anywhere else. The shows will use the Rumble Raiding technology to follow one another so audiences can move smoothly from one show to the next. Each show will also be available on the creator’s own Rumble channel. Rumble Inc. (NASDAQ:RUM) reported that in addition to the Rumble Live lineup, well-known creators like Steven Crowder will voluntarily stop live streaming on YouTube to exclusively stream on Rumble. The content lineup will also continue to include viewer favorites like Donald Trump Jr., Kimberly Guilfoyle, Dave Rubin, Kim Iversen, Glenn Greenwald, Hayley Caronia, Jimmy Dore, Redacted News, and Badlands.
Overall, RUM ranks 11th on our list of stocks that will bounce back according to analysts. While we acknowledge the potential of RUM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RUM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.