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HES

A significant amount of unusual options activity has been detected for Hess Corporation (NYSE:HES), with a majority of investors taking a bearish stance. Of the 20 strange trades detected, 55% were bearish and 45% bullish. The total amount for puts was $2,537,816 and for calls was $340,635. Whales have been targeting a price range from $60.0 to $170.0 for Hess over the last 3 months. The current price of HES is down -1.62% at $150.7.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:02 pm

BTCUSD

COIN

ETHUSD

LTCUSD

MARA

SJIM

SOLUSD

SPY

Jim Cramer, a television host known for his controversial takes on the stock market, had warned against investing in cryptocurrencies in December 2022. However, those who ignored his advice and invested in Bitcoin, Ethereum, Solana, Litecoin, and Coinbase Global would have seen significant returns over the last 10 months. An ETF that tracks Cramer's recommendations inversely, the Inverse Cramer Tracker ETF, was also launched earlier this year.

Portfolio Pulse from Chris Katje

October 27, 2023 | 4:55 pm

PSX

Phillips 66 (PSX) has announced plans to monetize non-core assets, with internally identified assets ready for sale. The announcement was made during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:48 pm

A significant bearish stance has been taken on Altria Group (NYSE:MO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 45% bullish and 54% bearish. The price range targeted by these investors for Altria Group over the last 3 months is $25.0 to $42.5. Citigroup, Jefferies, and UBS have maintained their Neutral, Buy, and Sell ratings on Altria Group respectively.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:32 pm

VALE

A significant bullish stance on Vale (NYSE:VALE) has been observed, with 11 unusual options trades spotted. The sentiment of these trades is 100% bullish. Out of the options, 10 are puts amounting to $560,732, and 1 is a call amounting to $57,200. The targeted price range for Vale over the last 3 months is from $11.0 to $14.0. The price of VALE is up 1.38% at $13.21, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:32 pm

LMT

A significant bearish stance has been taken on Lockheed Martin (NYSE:LMT) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is 90% bearish. The whales have been targeting a price range from $410.0 to $620.0 for Lockheed Martin over the last 3 months. The price of LMT is currently down -0.44% at $444.0. Analysts from UBS and Deutsche Bank have downgraded their ratings to Neutral and Hold respectively, while JP Morgan, Citigroup, and Morgan Stanley have maintained their ratings.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:17 pm

PXD

VDE

XLE

XOM

Exxon Mobil Corp is in talks to acquire Pioneer Natural Resources for approximately $60 billion, including debt. The acquisition will expand Exxon's presence in the Permian Basin and boost its overall production. The deal is approved by both companies' boards and is expected to close within the first two quarters of 2024. The Energy Select Sector and Vanguard Energy ETFs are also mentioned as ones to watch.

Portfolio Pulse from Thrash Capital

October 27, 2023 | 4:16 pm

COST

The article provides an in-depth comparison of Costco Wholesale (NASDAQ:COST) with its competitors in the Food & Staples Retailing industry. It highlights Costco's low PE ratio, high PB and PS ratios, high ROE, low EBITDA and gross profit, and high revenue growth rate. The company's debt-to-equity ratio is also lower than its top 4 peers, indicating a strong financial position.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:00 pm

ASML

The article provides a comprehensive comparison of ASML Holding (NASDAQ:ASML) and its competitors in the Semiconductors & Semiconductor Equipment industry. ASML Holding, a market leader in photolithography systems, exhibits strong financial performance with a low PE ratio, high PB ratio, high PS ratio, high ROE, EBITDA, gross profit, and revenue growth. The company's debt-to-equity ratio is also lower than its top 4 peers, indicating a favorable balance between debt and equity.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:00 pm

AMGN

The article provides a comprehensive comparison of Amgen (NASDAQ:AMGN) with its competitors in the Biotechnology industry. Amgen's P/E ratio is lower than the industry average, suggesting potential for growth. However, its P/B and P/S ratios are higher, indicating possible overvaluation. The company's ROE, EBITDA, gross profit, and revenue growth are all higher than the industry average, suggesting strong financial performance and potential for future growth. Amgen's debt-to-equity ratio is also higher than its top 4 peers, indicating a greater reliance on debt financing.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:00 pm