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DBGI

Digital Brands Group, Inc. (NASDAQ:DBGI) announced that it will initiate a formal review to explore strategic alternatives for the company. The decision was made due to the dislocation between the company's public market value and the intrinsic value of its underlying assets. The announcement led to heavy trading volume of DBGI shares, with more than 662 thousand shares traded in the session, compared to the stock's 100-day average of slightly more than 215 thousand shares. The shares are up over 14% at $4.98 at the time of publication.

Portfolio Pulse from Erica Kollmann

November 06, 2023 | 4:30 pm

CRH

CRH (NYSE:CRH) has outperformed the market over the past 5 years by 5.7% on an annualized basis, producing an average annual return of 15.11%. If an investor had bought $100 of CRH stock 5 years ago, it would be worth $202.14 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:30 pm

KDP

Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 15 years, producing an average annual return of 15.82%. If an investor had bought $100 of KDP stock 15 years ago, it would be worth $849.47 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:30 pm

SPY

Federal Reserve's Cook has expressed concern over non-banks with large liquidity mismatches, including certain money market funds. He also mentioned the leveraged basis trades among hedge funds.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:06 pm

SPY

Federal Reserve's Cook warns that vulnerabilities among non-banks could amplify the stress of tightened financial conditions and a slowing economy. He emphasizes that while the Fed cannot anticipate all risks, it can build resilience to shocks, particularly by enhancing the resilience of large banks.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:06 pm

SPY

Federal Reserve's Cook has warned that if commercial mortgage delinquency rates force sales, commercial real estate prices could decline sharply. He also noted that some borrowers' debt service capacity has begun to show signs of weakness.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:04 pm

SPY

Fed's Cook stated that the expectations of near-term policy rates are not driving the rise in long-term rates. He also mentioned that residential and commercial property prices remain above levels historically associated with fundamentals.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:03 pm

PRU

A significant bearish stance has been taken on Prudential Financial (NYSE:PRU) by a large investor or institution, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 35% bullish and 64% bearish. The whales have been targeting a price range from $90.0 to $97.5 for Prudential Financial over the last 3 months. Morgan Stanley has maintained their Equal-Weight rating on Prudential Financial, with a price target of $103.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

CMCSA

Comcast (NASDAQ:CMCSA) is evaluated against its major competitors in the Media industry. The company's Price to Earnings ratio of 12.03 and Price to Book ratio of 2.1 suggest potential undervaluation. However, the Price to Sales ratio of 1.5 could indicate overvaluation in relation to its sales performance. The Return on Equity (ROE) of 4.85% is slightly below the industry average. The company's EBITDA of $10.02 Billion and gross profit of $21.46 Billion indicate stronger profitability and robust cash flow generation. The company's revenue growth rate of 0.89% outperforms the industry average.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:00 pm

CHTR

Charter Communications (NASDAQ:CHTR) is evaluated against its major competitors in the Media industry. The company has a lower Price to Earnings ratio, suggesting potential undervaluation, but a higher Price to Book ratio, indicating possible overvaluation. It also has a higher Return on Equity, EBITDA, and revenue growth, suggesting strong profitability and growth potential. However, its gross profit is relatively low, and it has a higher debt-to-equity ratio, indicating greater financial risk.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:00 pm