Analysts said this week that investors scrambling for a security have plenty of buying opportunities amid a steady decline in the market. Still a group of stocks that are attractively priced, analysts agree, amid growing concerns that the economy is headed for a slowdown driven by a 40-year high in inflation. Is. CNBC Pro recently looked through Wall Street research to find companies that are poised to win in uncertain times. These include Planet Fitness, Pure Storage, ChargePoint, Interactive Brokers and Entegris. ChargePoint Battery Charging Infrastructure Co. is just one company that is riding the electric vehicle boom, according to investment firm DA Davidson. Still, in a market where investors are on edge with supply chain concerns, inflation and heavy demand, ChargePoint stands out, wrote analyst Matt Somerville. That’s not to say that the company is completely immune to macro headwinds, though. Gross margin is disappointing in the company’s most recent earnings report on June 1, he said. Still, Somerville reiterated its buy rating and stands with the stock. In his note, the analyst cited a range of positive catalysts for his bullish thesis, including ChargePoint’s first mover advantage and a “lighter capital spending business model.” “We maintain our belief that CHPT will reach adjusted EBITDA and FCF positivity in calendar 2024, and ultimately believe that the shares offer an attractive risk/reward at current levels as we consider the overall electric vehicle charging infrastructure sector. are,” he wrote. Shares of ChargePoint are up 12.5% so far this month. “Overall, CHPT continues to operate at a very high level in an incredibly challenging environment as demand exceeds supply,” Somerville said. The Planet Fitness gym and exercise company was named the best SMID-cap idea by investment firm Cowen earlier this week. “PLNT sits on a nexus of powerful secular changes that will support growth, and is fueled by its $250MM and growing advertising fund, accelerating its flywheel,” wrote analyst Max Rakhlenko. Investors fail to appreciate the long-term growth opportunity and in particular the firm said that young consumers aspire to health and fitness. Rakhlenko says he has great confidence in the company’s ability to add new gyms to the company’s portfolio as well as add new gyms to the company’s portfolio. Growth during the Great Recessions of 2008 and 2009. “We expect an improvement in the ongoing usage and membership trend in the coming quarters, including usage returning to 100%. 2019 levels, and an increasing number of mature gyms returning to their pre-pandemic membership levels, ” They said. Shares are down 23.8% this year but the stock’s valuation remains attractive, the firm wrote. “The PLNT is well positioned to succeed in both better and more challenging backgrounds,” Rakhlenko said. Pure Storage The recent flurry of negative tech headlines may have some investors sweating, but makers of flash-based data storage systems are firing on all cylinders, according to Goldman Sachs. The firm says Pure Storage is positioned to have more upside following the company’s strong top and bottom line earnings reports earlier this month. “Grow solid and quarter in a challenging environment,” analyst Rod Hall wrote to clients. The firm says Pure Storage continues to perform flawlessly with little impact on customers, they wrote. “At this point we see Pure’s supply management superior to most other companies in our coverage in the IT hardware sector,” he said. In addition, Hall is particularly excited at the opportunity of Pure Storage’s partnership with Meta Platform as the social media company works to build out its artificial intelligence infrastructure. “We view this meta opportunity as a strong revenue tailwind for Pure in FY’23,” the firm said. The company’s shares are down about 20% this year and the analyst’s street high price target is $50 per share. “We also see the ongoing strong results as a sign that Pure’s products are growing among enterprise and service provider customers,” Hall said. Interactive Brokers – Compass Point, Buy Rating” Strong account growth persists in challenging environment. IBKR reported May activity yesterday [June 1] Which saw a 42.4k increase in NNA (net new assets), representing 27% annual growth, in our view very strong growth, which we have seen, given the challenging market backdrop. … In our view, IBKR continues to deliver solid results in a challenging environment, and continued strong account growth will pay dividends over the long term. Bertrand Loy, CEO of Entegris. … .We believe that secular trends in the semiconductor industry are a catalyst for Entegris’ growth prospects, and we are confident that trends such as increased materials engineering for contamination control and trends in capital intensity will support this view. ….still outperforming the market in a challenging environment.” ChargePoint – DA Davidson, Buy Rating “Overall, CHPT continues to operate at a very high level in an incredibly challenging environment as demand exceeds supply Goes ahead. ….we maintain our belief that CHPT Calendar 2024 adjusted EBITDA and FCF will reach positivity, and ultimately believe that the shares offer an attractive risk/reward at current levels as we consider the overall EVCI sector. We do. … .a capital expenditure-light business model focused on attractive segments of the EV charging ecosystem.” Planet Fitness- Cowen, Outperform Ratings “PLNT sits on a nexus of powerful secular changes that will support growth, and is led by Has $250mm and growing advertising funds, while sharpening its flywheel. … .we expect an improvement in the ongoing usage and membership trend in the coming quarters, with usage to return to 100% of 2019 levels, and an increasing number of mature gyms returning to their pre-pandemic membership levels Is. … .PLNT is well positioned to succeed in both more challenging and more challenging backgrounds.” Pure Storage – Goldman Sachs, Buy Rating “Solid green and quarterly growth in a challenging environment. …. We view this meta opportunity as a strong revenue tailwind for Pure in FY’23. …. We also see ongoing strong results as a sign that Pure’s products continue to grow among enterprise and service provider customers. ….at this point we see Pure’s supply management superior to most other companies in our coverage in the IT hardware sector.”