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Assets

NYCB

New York Community Bancorp (NYCB) shares are experiencing an uptick, potentially due to a market rebound. Reports earlier in the week indicated that NYCB is negotiating to reduce its mortgage risks by selling RV loans.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 8:59 pm

CAVA

Cava Group's (NYSE:CAVA) short interest has increased by 8.22%, with 10.38 million shares sold short, representing 9.48% of its float. This indicates a bearish market sentiment, as it takes traders 7.01 days to cover their short positions. Comparatively, Cava Group has a higher short interest than its peer group average of 8.57%. While an increase in short interest can suggest bearish sentiment, it can also be seen as a bullish signal under certain conditions.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:45 pm

FSS

Federal Signal (NYSE:FSS) has seen a decrease in short interest, now at 1.21% of its float, lower than its peer group average of 4.90%. This reduction from 614 thousand shares suggests a more bullish market sentiment towards FSS, as short interest can indicate market expectations. The coverage time for short positions is approximately 2.15 days based on current trading volumes.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:45 pm

GS

Deep-pocketed investors show a bullish sentiment towards Goldman Sachs Gr (NYSE:GS) based on options trading data from Benzinga. The data reveals 11 significant options activities, with a majority leaning bullish. The price target range is between $250.0 and $410.0. Current GS trading volume is 864,629, with a slight price increase of 0.38% to $386.5. Analyst ratings vary, with an average target price of $449.2, suggesting a positive outlook.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:30 pm

CAT

Caterpillar (NYSE:CAT) has seen unusual options activity, with a mix of bullish and bearish sentiments among big-money traders. A total of 19 uncommon options trades were spotted, with a sentiment split of 63% bullish and 36% bearish. The trades include 9 puts and 10 calls, with a price window eyed from $215.0 to $400.0. Caterpillar, a leading manufacturer of heavy equipment, has a current market price of $322.5, with an RSI indicating it may be approaching overbought. Analysts have varying views, with target prices ranging from $257 to $385.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:30 pm

SNPS

Over the past 15 years, Synopsys (NASDAQ:SNPS) has delivered an average annual return of 25.77%, outperforming the market by 12.68% annually. A $1000 investment in SNPS 15 years ago would now be worth $29,636.74, showcasing the impact of compounded returns on investment growth. Synopsys currently has a market capitalization of $88.00 billion.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:30 pm

FIX

Comfort Systems USA (NYSE:FIX) has significantly outperformed the market over the past 5 years, with an annualized return of 37.23%, turning a $100 investment into $493.89 today. The company's market capitalization stands at $8.47 billion.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:30 pm

MINM

Minim (NYSE:MINM) has seen a significant increase in short interest, with the short percent of float rising 848.89% to 4.27% of all shares available for trading. This indicates a bearish market sentiment towards MINM, although it has less short interest compared to its peer group average of 5.51%. The rise in short interest suggests increased bearishness but does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:15 pm

SYY

Sysco Corporation's (NYSE:SYY) short interest has increased by 72.66% since the last report, with 12.10 million shares sold short, representing 2.4% of its float. It would take approximately 4 days to cover these short positions based on current trading volumes. This rise in short interest can indicate a more bearish market sentiment towards SYY, although it's not a definitive predictor of stock price movement. Sysco's short interest is below its peer group average of 4.03%, suggesting less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:15 pm

MDLZ

Mondelez International's (NYSE:MDLZ) short interest has increased by 9.8%, with 15.21 million shares sold short, representing 1.12% of its float. It would take about 3.02 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards MDLZ, although it has less short interest compared to its peers' average of 4.59%. Short interest is a critical indicator of market sentiment, and an increase can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 8:15 pm