Streetbeat News

Analyst Ratings

SO

Southern's (NYSE:SO) short percent of float has fallen 4.9% since its last report, indicating a more bullish sentiment towards the stock. The company has 10.56 million shares sold short, which is 0.97% of all regular shares available for trading. Compared to its peers, Southern has less short interest as the average for its peer group is 2.11%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 7:00 pm

NVDA

Nvidia Corp.'s CEO Jensen Huang met with India's Prime Minister Narendra Modi to discuss the potential of AI in India. Nvidia, which has been capitalizing on the AI momentum, recently reported Q2 results that exceeded projections and issued upbeat guidance. The company's A100 AI chip is widely used for training large-language models. Nvidia began its India operations in 2004 and now has four engineering development centers in the country, employing over 3,800 people and having more than 320,000 India-based developers in its program.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:50 pm

COF

Capital One Financial's (NYSE:COF) short percent of float has decreased by 9.45% since its last report, with 6.87 million shares sold short, which is 1.82% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, Capital One has less short interest as a percentage of float, with the average being 7.48%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 6:45 pm

CMCSA

Comcast's (NYSE:CMCSA) short percent of float has risen 6.9% since its last report, with 38.14 million shares sold short, which is 0.93% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Comcast has less short interest as a percentage of float, with an average of 12.34%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 6:45 pm

MCHP

Microchip Technology's (NYSE:MCHP) short percent of float has fallen 6.14% since its last report, with 17.13 million shares sold short, which is 3.67% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, compared to its peers, Microchip Technology has a higher short interest as a percentage of float (3.54%).

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 6:45 pm

WM

Waste Management Inc.'s (NYSE:WM) stock price is currently at $157.01, after a 0.15% increase. However, the stock has fallen by 1.75% over the past month and by 7.18% over the past year. The company's P/E ratio of 28.2 is lower than the industry average of 53.88, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:45 pm

SRE

Sempra Energy's (NYSE:SRE) short percent of float has fallen 51.72% since its last report, with 2.64 million shares sold short, which is 0.42% of all regular shares available for trading. It would take traders 2.19 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 1.98%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:30 pm

CVS

CVS Health's short percent of float has fallen 3.38% since its last report, with 18.39 million shares sold short, which is 1.43% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards CVS Health. Compared to its peers, CVS Health has less short interest, with an average of 7.92% for its peer group.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:30 pm

AVGO

Broadcom's (NYSE:AVGO) short percent of float has fallen 16.76% since its last report, with 4.78 million shares sold short, which is 1.49% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Broadcom. Compared to its peers, Broadcom has less short interest as a percentage of float, with an average of 3.64%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:30 pm

MCO

Moody's Inc. (NYSE:MCO) stock is currently trading at $339.32, marking a 0.75% increase in the current session. Over the past month, the stock has increased by 0.44% and by 17.86% over the past year. Despite this performance, the company's lower P/E ratio compared to the aggregate P/E of the Capital Markets industry could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 4:45 pm