Porch Group, Inc. (NASDAQ: PRCH) is a must-buy small-cap stock to invest in, with a price target raised to $16 from $7 by Keefe Bruyette & Woods on August 13, citing growth prospects.

Porch Group reported a solid second-quarter with earnings per share of $0.03, beating expectations of a loss of $0.08 per share, and revenue of $119.2 million, surpassing estimates of $99.39 million.

The company focuses on the home industry, providing software and services to various home service sectors, aiming to simplify the home-buying and maintenance process through its software and network.

While PRCH shows investment potential, some AI stocks offer greater upside potential and less downside risk, including those benefiting from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Keefe Bruyette & Woods Lifts Porch Group (PRCH) Price Target Impressed by New Capital Structure