Box (BOX: NYSE)

Box (BOX) is a cloud content management platform that started in enterprise storage and content management. The company has strategically evolved by adding more intelligence and capabilities to its software. Earlier this year, Box acquired AI-related startup Crooze for application-building automation tools, and more recently, it announced the acquisition of Alphamoon for intelligent document processing. These moves are part of Box’s broader transformation from a data storage company to an automation powerhouse.

Box currently trades at a reasonable valuation of about 20 times this year’s adjusted earnings-per-share estimates, which is attractive for an enterprise software stock. The company is seeing growth reaccelerate, with management achieving solid margin expansion. Additionally, the share repurchase program is reducing Box’s share count, further enhancing shareholder value. In fact, Box’s board authorized another $100 million in repurchases on Aug. 25, signaling strong confidence in the company’s future growth prospects.

We are bullish on BOX above $28.00-$29.00, with an upside target of $44.00-$45.00.

Dole (DOLE: NYSE)

Dole (DOLE) is a global leader in producing and distributing fruits and vegetables, offering a unique positioning within the consumer staples sector by focusing on fresh produce rather than packaged or processed foods. This gives Dole a distinct advantage as consumers increasingly prioritize healthier food options, making the company a pure play on high-level trends toward better eating habits. This shift supports a premium valuation for Dole, which could continue to expand in the future.

Executive Chairman Carl McCann expressed confidence in Dole’s strong start to the year, positioning the company to deliver solid results in 2024. Dole aims to maintain its target of achieving adjusted EBITDA in line with 2023 on a like-for-like basis. The company’s EMEA Diversified Fresh Produce segment has been a standout, with sales up 9% in 2023 and 15% in Q4. Management highlighted that successful pricing strategies and easing input cost pressures have boosted margins, leading to a 44% year-over-year increase in Q4 segment adjusted EBITDA, which reached $32.6 million.

We are bullish on DOLE above $14.00-$15.00, with an upside target of $23.00-$24.00.

Ethereum (ETHUSD)

Ethereum has continued to struggle in recent weeks, consolidating its losses after the apparent capitulation on August 5. This consolidation below a former support level, which has now turned into resistance, typically indicates further bearish price action. As long as Ethereum remains under the $2,600-$2,900 range, technical challenges are likely to persist, leaving the door open for a potential drop into the $2,100-$2,300 zone.

Historically, cryptocurrencies have thrived in macroeconomic environments characterized by a weak Dollar and low interest rates. As we move into such conditions, there is optimism for a strong crypto market in 2025. However, in the short term, downside pressure remains until Ethereum can reclaim the critical $2,600-$2,900 range.