Top Strong Buy Stocks for October 24: IGC, ASM, and Others
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2025
0mins
Should l Buy ASM?
Source: NASDAQ.COM
Zacks Rank #1 Stocks: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including IGC Pharma, SCOR SE, Royal Bank of Canada, Universal Insurance Holdings, and Avino Silver & Gold Mines, all showing significant increases in earnings estimates over the past 60 days.
Semiconductor Market Growth: A lesser-known company in the semiconductor sector is poised for growth, targeting the rising demand for Artificial Intelligence, Machine Learning, and Internet of Things, with the global semiconductor market expected to nearly double by 2028.
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Analyst Views on ASM
Wall Street analysts forecast ASM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASM is 6.47 USD with a low forecast of 5.50 USD and a high forecast of 7.40 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 8.960
Low
5.50
Averages
6.47
High
7.40
Current: 8.960
Low
5.50
Averages
6.47
High
7.40
About ASM
Avino Silver & Gold Mines Ltd. is a Canada-based company. The Company is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The Company also maintains a diversified pipeline of gold and base metals' exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine, which is in care and maintenance. The Company also holds a 100% interest in Proyectos Mineros La Preciosa S.A. de C.V. (La Preciosa), a Mexican corporation, which owns the La Preciosa Property. The Company also owns interests in mineral properties located in British Columbia. La Preciosa is a development stage mineral property located in the state of Durango, Mexico. Its other properties include El Hueco and Aranjuez.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Transaction Structure: The acquisition will be completed via a scheme of arrangement under Australian law, expected to enhance Energy Fuels' resource integration capabilities and competitive advantage in the market.
- Market Impact: This acquisition will significantly increase Energy Fuels' production capacity in rare earth metals and alloys, addressing the growing demand from clean energy and high-tech industries, thereby driving the company's future growth potential.
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- Strategic Integration Benefits: The acquisition will combine ASM's Korean Metals Plant with Energy Fuels' White Mesa Mill in Utah, creating a complete 'mine-to-metal & alloy' production chain that addresses critical gaps in global supply chains, particularly in automotive and defense technologies.
- Project Expansion Potential: ASM's Dubbo Rare Earth Project will enrich Energy Fuels' development pipeline, expected to supply feed materials for the planned expansion of the White Mesa Mill to produce 6,000 tonnes per annum of rare earth oxides, strengthening the company's position in the global rare earth market.
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See More
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See More
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