Streetbeat News

Analyst Ratings

AVGO

BRK

LLY

NVDA

TSLA

Jim Cramer has named Eli Lilly (LLY), Berkshire Hathaway (BRK), and Tesla (TSLA) as potential candidates to reach a trillion-dollar market cap, following Nvidia's (NVDA) recent achievement. Eli Lilly is noted for its promising GLP-1 drugs, Berkshire Hathaway for the rising cost of auto insurance, and Tesla for its new models. Broadcom (AVGO) was also mentioned but is seen as less likely to reach the milestone soon.

Portfolio Pulse from Benzinga Neuro

February 27, 2024 | 4:05 am

DPZ

PANW

UNH

Jim Cramer, host of CNBC's 'Mad Money,' advises investors to remain bullish despite market uncertainties, highlighting companies like Domino's Pizza and Palo Alto Networks for their strong performance. He attributes stock rises to companies outperforming expectations and adapting well to challenges, rather than irrational market behavior. Cramer's perspective comes amid a record-breaking market rally in 2024, with a mix of optimism and caution among traders.

Portfolio Pulse from Benzinga Neuro

February 27, 2024 | 1:46 am

AMC

AMC Entertainment Holdings is anticipated to report its Q4 financial results, with analysts expecting a revenue of $1.046 billion and a loss of 57 cents per share. Despite a weaker blockbuster slate in 2023 compared to 2022, the inclusion of Taylor Swift and Beyonce concert films could positively impact ticket prices. Analysts highlight AMC's market share expansion, heavy debt load, and lack of dividend payout as key factors. The company's share price has significantly declined, trading closer to its historical multiple.

Portfolio Pulse from Chris Katje

February 26, 2024 | 9:01 pm

ANET

Arista Networks (NYSE:ANET) has seen significant unusual options activity, with a bearish sentiment from financial giants despite 40% of traders being bullish. The options trades suggest a price range of $190.0 to $360.0 for ANET. The company, a provider of networking equipment, counts Microsoft and Meta Platforms among its largest customers. Recent trading volume shows ANET's price up by 0.86% at $269.97. Analysts have set an average target price of $320.6, with ratings ranging from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:45 pm

SLB

High-rolling investors are showing a bullish sentiment on Schlumberger (NYSE:SLB) through significant options trading, as reported by Benzinga. The analysis of options data reveals a majority of trades are bullish, with a notable volume and open interest in contracts predicting SLB's price to range between $40.0 to $50.0. Currently, SLB's stock is slightly down at $48.75, with neutral RSI readings and an anticipated earnings release in 53 days. Analysts have set an average target price of $71.5 for SLB, despite recent downgrades.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:31 pm

TEAM

Recent options trading activity indicates a bullish stance on Atlassian (NASDAQ:TEAM) by big-money investors, with a notable split in sentiment (62% bullish, 37% bearish). The trading volume and open interest suggest a price target range of $180 to $240. Significant trades include both calls and puts with varying sentiments and expiration dates. Atlassian's current trading volume is 627,414, with a slight price decrease of -0.19%, standing at $204.06. The RSI may indicate the stock is oversold, with an earnings announcement expected in 66 days. Analysts from Goldman Sachs and UBS maintain neutral ratings with target prices of $215 and $250, respectively.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:31 pm

CVX

Chevron (NYSE:CVX) has seen a significant uptick in options trading activity, with a notable bias towards bullish sentiment. Benzinga's options scanner revealed 20 unusual trades, with 60% being bullish and 40% bearish, indicating expectations for CVX's stock price to reach between $120 and $180 in the next three months. The company, a major player in the energy sector, has a current stock price of $154.62, with market experts setting a consensus target price of $175. The recent options activity could suggest insider knowledge or speculation on future price movements.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:31 pm

MODV

ModivCare's stock price has declined following a downgrade by Barrington Research from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 8:26 pm

AXP

BAC

BRK

MCO

Warren Buffett's Berkshire Hathaway increased its finance sector allocation to over 24% in Q4, up from 21.75% in Q3. The top three finance stocks in the portfolio are Bank of America, American Express, and Moody's, with respective portfolio weights of 9.03%, 8.18%, and 2.77%. Bank of America is seen positively by analysts, while American Express and Moody's have expected downside according to average one-year price targets.

Portfolio Pulse from Surbhi Jain

February 26, 2024 | 8:16 pm

TRV

Travelers Companies (NYSE:TRV) has seen a 24.39% increase in short interest since its last report, with 3.48 million shares sold short, representing 1.53% of its float. This indicates a bearish sentiment among investors, although it's below the peer group average of 1.72%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:15 pm