Allot Ltd. (NASDAQ: ALLT) has seen a rise of over 26% this year, but a recent 16% drop has created a buying opportunity. Despite earnings beat and revenue growth, a strategic shift towards services may cause near-term instability. Allot recently secured a multi-million dollar agreement with a Tier-1 telecom operator in EMEA.

Ardent Health Services (NYSE: ARDT) has faced challenges in the healthcare sector, leading to a 15% decline in share price. Despite risks from legislation cuts, Ardent posted an earnings beat and consistent revenue growth. Management’s proactive approach and attractive valuation make ARDT a potential buy with analysts forecasting a 60% earnings increase.

Group 1 Automotive Inc. (NYSE: GPI) shares have only dropped 1% YTD despite recent concerns about inflation and consumer spending. Strong Q1 performance beat analyst estimates for EPS and revenue growth. With Q2 earnings approaching, analysts predict a rebound and see a 14% upside potential in GPI shares in the near term.

Read more at NASDAQ.: Falling Fast, Rising Soon? 3 Stocks With Upside Ahead