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BEAT

Heartbeam Inc (NASDAQ:BEAT) shares increased by 3.5% to $2.35, after reaching a session high of $2.70, without any company-specific news. The company recently announced securing two new patents for its vectorelectrocardiography (VECG) technology, aimed at transforming cardiac care with portable devices. These patents cover a mobile cardiac monitoring device and a wrist-based ECG system. HeartBeam does not pay dividends but focuses on innovation and technology development to create shareholder value.

Portfolio Pulse from Henry Khederian

March 12, 2024 | 4:07 pm

ARM

The analysis of ARM Holdings in the Semiconductors & Semiconductor Equipment industry reveals it is priced at a premium with high PE, PB, and PS ratios compared to industry averages, indicating potential overvaluation. Despite this, ARM's remarkable revenue growth outperforms the industry average. However, its lower ROE, EBITDA, and gross profit suggest weaker profitability and operational performance. ARM's lower debt-to-equity ratio indicates a stronger financial position with less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

AMD

The analysis of Advanced Micro Devices (AMD) against its competitors in the Semiconductors & Semiconductor Equipment industry reveals AMD's premium valuation with a high PE ratio, potential undervaluation based on PB ratio, and challenges in profitability and growth. AMD's acquisition of Xilinx aims to diversify its business and enhance opportunities in key markets. The company's financial health is indicated by a lower debt-to-equity ratio compared to its top 4 peers, suggesting less reliance on debt financing.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

QBTS

D-Wave Quantum (NYSE:QBTS) has seen a 38.8% increase in short interest since its last report, with 6.30 million shares sold short, representing 6.94% of its float. The current short interest suggests a bearish market sentiment towards QBTS, although it's higher than its peer group average of 5.95%. The article highlights the importance of short interest as a market sentiment indicator and suggests that an increase in short interest does not necessarily predict a decline in stock price.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

CSL

Carlisle Companies (NYSE:CSL) has delivered an average annual return of 16.34% over the past 10 years, outperforming the market by 5.7%. A $100 investment in CSL a decade ago would be worth $460.51 today. The company's market capitalization stands at $17.05 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

TREX

Invesco US Treasury Bond 7-10 Year UCITS ETF USD Dist (NYSE:TREX) has seen a 4.65% decrease in short percent of float since its last report, with 6.28 million shares sold short, representing 6.56% of available shares. The ETF's short interest is higher than its peer group average of 3.65%. Short interest is a key indicator of market sentiment, and a decrease suggests a more bullish outlook among investors.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

AAPL

This article provides an in-depth analysis of Apple Inc. (AAPL) within the Technology Hardware, Storage & Peripherals industry, comparing it with competitors on key financial metrics. Apple shows potential for growth with a lower PE ratio than the industry average, trades at a premium based on its PB and PS ratios, and demonstrates strong profitability with high ROE, EBITDA, and gross profit. However, its revenue growth is below the industry average, indicating potential challenges in sales volume increase.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:00 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) shares are trading higher after TD Cowen and Canaccord Genuity significantly raised their price targets on the stock, following MicroStrategy's announcement of acquiring an additional 12,000 Bitcoin. The company's focus on accumulating Bitcoin and the recent rise in crypto prices have positively impacted its stock value.

Portfolio Pulse from Adam Eckert

March 12, 2024 | 3:53 pm

IONM

Assure Holdings Corp. (NASDAQ:IONM) stock surged 38% to $0.47 after announcing the sale of certain IONM business assets to MPOWERHealth for up to $4.5 million. The deal includes $2.5 million upfront and up to $2.0 million based on case volume, covering healthcare facility contracts, clinical equipment, and most employees. The sale aims to repurpose Assure's business towards a merger with Danam Health, enhancing MPOWERHealth's IONM services.

Portfolio Pulse from Henry Khederian

March 12, 2024 | 3:52 pm

RIOT

Benzinga's options scanner detected significant options trading activity for Riot Platforms (NASDAQ:RIOT), with over 12 trades amounting to $1,165,713. Analysis of volume and open interest suggests a price target range of $7.0 to $27.0. The largest trades indicate a mixed sentiment, with both bullish and bearish positions. Riot Platforms, a Bitcoin mining company, is currently trading at $11.83, up 0.42%, with an RSI suggesting it may be approaching oversold territory. Analyst ratings in the last month have an average target price of $19.4, with variations in ratings and target prices from firms like Needham, Cantor Fitzgerald, and HC Wainwright & Co.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:45 pm