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ADI

An industry comparison of Analog Devices (NASDAQ:ADI) against its key competitors in the Semiconductors & Semiconductor Equipment industry reveals potential undervaluation of the stock. The company's low PE, PB, and PS ratios suggest that the stock is trading at a low price relative to its earnings, book value, and sales. However, the low ROE, EBITDA, gross profit, and revenue growth ratios indicate potential challenges in generating profits and growing its business.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:00 pm

ADBE

The article provides a detailed analysis of Adobe Inc. (NASDAQ:ADBE) and its competitors in the software industry. It evaluates Adobe's financial metrics, market position, and growth prospects. Adobe's P/E ratio is lower than the industry average, suggesting potential value. However, its P/B and P/S ratios are higher than the industry average, indicating that it might be overvalued. Adobe's ROE, EBITDA, and gross profit are higher than the industry average, suggesting strong profitability and efficiency. However, its revenue growth is lower than the industry average.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 4:00 pm

BAC

Benzinga's options scanner detected over 11 options trades for Bank of America (NYSE:BAC) totaling $365,861. Whales have been targeting a price range from $20.0 to $33.0 for Bank of America over the last 3 months. The mean open interest for Bank of America options trades today is 14933.43 with a total volume of 17,951.00. BMO Capital, Oppenheimer, and Keefe, Bruyette & Woods have maintained their ratings on Bank of America with price targets of $40, $49, and $30 respectively.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:46 pm

INTC

A significant investor has shown bullish sentiment towards Intel (NASDAQ:INTC), with unusual options activity being observed. The investor's identity is unknown, but such a move usually suggests insider knowledge. The options scanner at Benzinga highlighted 11 extraordinary options activities for Intel. Among these, 5 are puts, totaling $362,968, and 6 are calls, amounting to $247,041. The big players have been eyeing a price window from $23.0 to $45.0 for Intel during the past quarter. The current price of INTC is $38.8. Analysts' ratings on Intel vary, with price targets ranging from $17 to $40.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:31 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) has been granted a registered trademark from the US Patent and Trademark Office for the feature 'One & Done' of the LIBERTY Robotic Surgical System. This system is being developed to integrate guidewires, microcatheters and other instruments required for complete endovascular procedures. The company continues to expand its proprietary assets, including numerous approved and pending patents worldwide.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:15 pm

VSH

Vishay Intertechnology is set to acquire Nexperia's Newport Wafer Fab for approximately $177 million in cash. Meanwhile, a report from Preqin indicates that the majority of investors plan to maintain or increase their allocation to alternative investments over the longer term.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:12 pm

NDRA

Endra Life Sciences has announced the issuance of three new patents, one in the US and two in China. This expands Endra's intellectual property portfolio to 70 issued patents worldwide for the novel Taeus system.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:08 pm

COIN

HOOD

ARK Investment Management, led by CEO Cathie Wood, has increased its position in Coinbase Inc (NASDAQ:COIN) and Robinhood Markets Inc (NASDAQ:HOOD) by adding a total of $1.13 billion in shares since 2022. The investments are held through multiple funds, including ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK Next Generation Internet ETF (ARKW). Over the past year, COIN has seen a 165.09% increase in stock price, while HOOD has increased by 20.79%.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 12:49 pm

RCAT

Red Cat's subsidiary, Teal Drones, has been selected for a $750K manufacturing modernization grant from the State of Utah. This grant will likely be used to enhance Teal Drones' manufacturing capabilities and expand its operations.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:36 pm

ALB

FSI

MGIH

PACK

The article lists four materials stocks that are considered oversold and may present buying opportunities in Q4. These include Millennium Group International Holdings Limited (NASDAQ:MGIH), Flexible Solutions International, Inc. (NYSE:FSI), Albemarle Corporation (NYSE:ALB), and Ranpak Holdings Corp. (NYSE:PACK). The companies have been identified as oversold based on their Relative Strength Index (RSI) values, which are all near or below 30.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 12:11 pm