We recently released a list 10 cheap rising stocks available now. In this article, we will look at the position of Cool Company Ltd. (NYSE:CLCO) with investments in other cheap rising stocks.
On May 2, U.S. stocks had their longest winning streak since 2004 as the United States and China showed willingness to hold trade talks. The wide market index rose 1.47%, which helped to eliminate losses since the Trump administration announced reciprocity tariffs on April 2.
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Trump told Time on April 22 that his administration reached a tariff agreement with China. The U.S. president also said he hopes to issue announcements on many other trade agreements over the next three to four weeks.
In an interview with NBC on May 2, the U.S. president said tariffs on Chinese imports will eventually be reduced:
At some point, I'll lower them because otherwise, you'll never be able to do business with them. They want to do business a lot…their economy is collapsing. ”
Jay Hatfield, founder and chief investment officer of Infracap, believes that tariff uncertainty is the most serious. He shared the following comments while talking to CNBC:
“As for the chaos of whether or not we really have negotiations with China, we think we have reached the peak tariff of tantrums, so it may be more positive than negative.”
A spokesman for China's Ministry of Commerce said the country is currently evaluating Washington's proposal to jointly start trade negotiations. Analysts see the statement as a subtle shift in Beijing's tone, which could open the door to negotiations on tariffs.
The stock market is also driven by the latest work data shared by the Bureau of Labor Statistics. The U.S. economy added 177,000 new jobs in April. While this is a slight decline from 185,000 jobs in March, the revenue is still stronger than the average rate of monthly job growth over the past three months, reflecting the resilience of the U.S. job market.
An industrial shipyard with company vessels emphasizes the scale of the company's operations.
In this article, we filtered stocks with a return of 10% or more in the past 30 days by filtering, with a previous P/E ratio of less than 15, a lagging P/E ratio of less than 15, and a p/e ratio of less than 1 for p/b. From there we got 10 stocks from there and selected them at the lowest p/e ratio and ranked in the lower order. All data are the end of the business on May 5, 2025.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
30-day return: 25.16%
Forward P/E ratio: 5.96
Cool Company Ltd. (NYSE:CLCO) is an LNG airline with 13 ships and a fleet of short- and long-term charters and has some of the world's leading oil, gas, trading and utilities. It is one of the cheap rising stocks you buy now.
On March 27, the company announced the launch of a $40 million stock buyback program. Under the plan, Cool Company Ltd. (NYSE:CLCO) may have a total amount of up to 7,000,000 shares between April 1, 2025 and December 31, 2026, with a total amount of up to US$40 million. The purpose of the plan is to reduce the company's outstanding shares because management believes that they are trading with material discounts.
On the same day, the board of directors of Cool Company Ltd. (NYSE: CLCO) awarded the restricted stock unit (RSU) to key insiders under the company's long-term incentive plan (LTIP). The Board is determined to grant 205,871 RSU to the management of employees and CLCO, equivalent to 0.38% of the company's equity.
According to Cool Company Ltd. (NYSE:CLCO)’s historical reporting date, the company is expected to report earnings for the first quarter at some point in June. According to analysts, the consensus EPS forecast for the quarter is 28 cents.
Overall, CLCO Ranked second Of the 10 cheap rising stocks to buy right now. Although we acknowledge the potential of CLCO as an investment, our belief is that AI stocks have greater hope to offer higher returns and do so in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than CLCO but have less than 5 times its earnings, check out our report Cheapest AI stocks.
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Disclosure: None. This article was originally published in Internal monkey.