This top real estate play has been crushed during the pandemic. Macerich Co. (NYSE: MAC) is a fully integrated, self-managed and self-administered real estate investment trust focused on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers.
Macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets, with significant presences on the west coast, Arizona, Chicago and the New York Metro area to the Washington, D.C., corridor.
Macerich recently announced that all 47 of its major retail properties nationwide will soon be fully open for business, now that Los Angeles County has approved indoor mall reopenings. This could be a huge boost for the shares.
Investors receive an 8.31% dividend. JPMorgan has a Neutral rating but an $11 price target. The posted consensus target is $8, and Macerich stock has traded between $7 and $8 over the past month.
National Oilwell Varco
This is a top company in its industry and its share price offers an incredible entry point. National Oilwell Varco Inc. (NYSE: NOV) designs, constructs, manufactures and sells systems, components and products for oil and gas drilling and production worldwide.
The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair and coating services; instrumentation and measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits.
The Goldman Sachs price objective is $17.50. The consensus target is $12.91, and National Oilwell Varco stock traded on Friday below $9.
In 2014, this stock traded above $90. 3D Systems Corp. (NYSE: DDD) offers 3D printers, such as stereo lithography, selective laser sintering, direct metal printing, multi-jet printing and color jet printers that transform data input generated by 3D design software, CAD software or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm and VisiJet brand names.
It also develops, blends and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental and Class IV biocompatible materials. In addition, the company provides digital design tools, including software, scanners and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology and inspection.
3D Systems offers 3D Sprint and 3DXpert, a proprietary software to prepare and optimize CAD data and manage the additive manufacturing processes, which provides automated support building and placement, build platform management, and print queue management, as well as 3D virtual reality simulators and simulator modules for medical applications and digitizing scanners for medical and mechanical applications.
Berenberg recently initiated coverage with an $8 price target. The Wall Street consensus target is $4, and 3D Systems stock recently spiked above $6.50 a share.
These are five well-known stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, these are not penny stocks with absolutely no track record or liquidity, and top Wall Street firms have research coverage on all five.