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SCHW

Deep-pocketed investors have shown a bearish sentiment towards Charles Schwab (NYSE:SCHW), with options activity indicating a divided mood: 45% bullish and 54% bearish. Significant options trades suggest a price range of $30.0 to $75.0 for SCHW over the next three months. The company, a major player in brokerage and wealth management, has over $7 trillion in client assets. Recent analyst ratings have adjusted price targets and ratings, reflecting a cautious outlook on SCHW.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 8:01 pm

LMT

Options trading activity for Lockheed Martin (NYSE:LMT) shows a balanced sentiment among investors, with equal bullish and bearish positions. The trading volume and open interest suggest a targeted price range of $250 to $740. Lockheed Martin, a leading defense contractor, has seen its stock price slightly decrease by -0.14%, with a current price of $428.81. Analyst ratings are mixed but lean towards a positive outlook, with a consensus target price of $499.2. The next earnings report is expected in 75 days.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 8:01 pm

RMD

Over the past 15 years, ResMed (NYSE:RMD) has outperformed the market with an average annual return of 15.8%, turning a $100 investment into $961.83. ResMed's market capitalization currently stands at $28.43 billion.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 8:00 pm

PGR

Over the past 15 years, Progressive (NYSE:PGR) has significantly outperformed the market, yielding an average annual return of 19.06%. A $1000 investment in PGR 15 years ago would now be worth $14,144.04. Progressive's market capitalization currently stands at $103.52 billion.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 8:00 pm

BTCUSD

Macro investor Raoul Pal predicts a 60% chance that Bitcoin could reach $150,000, with a 20% chance of peaking more rapidly and then declining, and another 20% chance of reaching $250,000. This analysis follows the approval of a Bitcoin ETF, which saw an initial price drop in Bitcoin. Pal attributes this to the market needing time to absorb new capital and highlights the millennial cohort as significant, stable investors in Bitcoin. He also notes a shift in the investor base towards a more finance-oriented crowd, which could reduce Bitcoin's volatility.

Portfolio Pulse from Murtuza Merchant

February 01, 2024 | 7:50 pm

AMT

American Tower (NYSE:AMT) has seen a 6.0% decrease in short interest, now at 5.71 million shares or 1.41% of float, indicating a bullish sentiment. With a 3.13-day average to cover short positions, and a lower short interest compared to its peers' average of 4.03%, the market sentiment towards AMT appears more positive.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:45 pm

YUM

Yum Brands's (NYSE:YUM) short interest has increased by 3.32%, with 6.12 million shares sold short, representing 2.18% of its float. It would take approximately 4.19 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards YUM, although it has less short interest compared to its peer group average of 8.88%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting against the stock.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:45 pm

UL

Unilever's (NYSE:UL) short interest has increased by 14.29% since the last report, with 1.89 million shares sold short, representing 0.08% of its float. This indicates a bearish market sentiment towards UL, although it has less short interest compared to its peers' average of 6.37%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearish activity.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:45 pm

DVN

Financial analysts have observed a bearish trend in options trading for Devon Energy (NYSE:DVN), with a mix of bullish and bearish sentiments among traders. The analysis highlighted unusual trades, predicting a price range for DVN between $37.5 and $52.5. Devon Energy, a major North American exploration and production company, has seen its stock price slightly increase, with professional analysts maintaining optimistic target prices despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm

ROP

Over the past 10 years, Roper Techs (NASDAQ:ROP) has produced an average annual return of 15.19%, outperforming the market by 4.42%. A $100 investment in ROP a decade ago would now be worth $411.21. Roper Techs currently has a market capitalization of $57.36 billion.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm