Streetbeat News

Assets

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 10 years by 4.45% on an annualized basis, producing an average annual return of 14.94%. If an investor had bought $1000 of SYK stock 10 years ago, it would be worth $4,028.40 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:30 pm

DG

A significant bullish stance has been taken on Dollar General (NYSE:DG) as evidenced by unusual options activity. The activity was split between 50% bullish and 50% bearish, with 3 puts and 7 calls. The total amount for puts was $226,144 and for calls was $286,021. The price range targeted by these 'whales' over the last 3 months is from $135.0 to $175.0. The price of DG is currently up 4.29% at $171.96.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

LOW

A significant bearish stance has been taken on Lowe's Companies (NYSE:LOW) by a large investor, as indicated by a large position in options. The sentiment among big-money traders is split, with 35% bullish and 64% bearish. The targeted price range for Lowe's over the last 3 months is $210.0 to $310.0. Argus Research, Truist Securities, and Wedbush have maintained their respective ratings on Lowe's.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

GE

A significant bearish stance has been taken on General Electric (NYSE:GE) as evidenced by unusual options activity. Benzinga's options scanner spotted 12 uncommon options trades for GE, with a split sentiment of 41% bullish and 58% bearish. The targeted price range for GE over the last 3 months is from $80.0 to $120.0. The current price of GE is up 1.3% at $116.21. Several financial institutions have maintained their positive ratings on GE, with price targets ranging from $105 to $135.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:16 pm

GM

NIKL

TSLA

VALE

Sprott Nickel Miners ETF (NASDAQ:NIKL) tracks 28 nickel mining companies and is the only pure-play ETF focusing on nickel miners. The three largest holdings within NIKL are Nickel Industries Ltd, Vale SA (NYSE:VALE), and IGO Ltd. Vale, which supplies nickel to Tesla, Inc (NASDAQ:TSLA) and General Motors Company (NYSE:GM), plans to sell a 10% stake in its base metals business. NIKL was dropping about 1.4% on Thursday, continuing in a downtrend that began after the ETF reached an all-time high of $23.19 on July 13.

Portfolio Pulse from Melanie Schaffer

July 27, 2023 | 5:04 pm

KLAC

A significant amount of unusual options activity has been observed for KLA Corporation (NASDAQ:KLAC), with a predominantly bearish sentiment. The majority of the trades are calls, with a total amount of $659,059, while puts amount to $308,788. The targeted price range for KLA over the last 3 months is from $380.0 to $500.0. The current price of KLAC is up 7.95% at $494.27.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:04 pm

F

A significant amount of unusual options activity has been observed for Ford Motor (NYSE:F), with a mix of bullish and bearish stances. The majority of the trades are puts, with a total amount of $1,953,493, and the rest are calls, amounting to $742,925. The price target range for Ford Motor over the last 3 months has been between $10.0 and $16.35. The company's stock price is currently up 2.19% at $13.97. Analysts from Wells Fargo, Morgan Stanley, Barclays, Citigroup, and Jefferies have maintained their ratings on Ford Motor.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:03 pm

HES

Hess (NYSE:HES) has outperformed the market over the past 5 years by 8.02% on an annualized basis, producing an average annual return of 18.28%. If an investor had bought $100 of HES stock 5 years ago, it would be worth $234.86 today. Hess has a market capitalization of $46.64 billion.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:01 pm

ACN

Accenture (NYSE:ACN) has outperformed the market over the past 20 years, producing an average annual return of 15.06%. If an investor had bought $100 of ACN stock 20 years ago, it would be worth $1,598.89 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 5:00 pm

AAPL

DIS

Disney CEO Bob Iger is reportedly considering selling Disney's assets, with Apple being a potential buyer. Iger's recent comments and actions, including his criticism of the ongoing writers' and actors' strike, suggest he is preparing for a major deal. The sale could include Disney's entertainment assets, but not its theme parks or TV networks. Iger's contract has been extended through 2026, providing enough time for a potential deal.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:53 pm