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ATVI

A significant amount of unusual options activity has been observed for Activision Blizzard (NASDAQ:ATVI), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $334,081 and for calls was $884,400. Whales have been targeting a price range from $80.0 to $95.0 for Activision Blizzard over the last 3 months. Several experts have downgraded their action to Neutral or Equal-Weight with price targets ranging from $90 to $95.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:47 pm

WBD

A significant bullish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) as evidenced by unusual options activity. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The price target for WBD over the last 3 months has been between $2.5 and $25.0. The current price of WBD is $12.75, down by 0.08%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:47 pm

LMT

A significant number of investors have taken a bearish stance on Lockheed Martin (NYSE:LMT), with 60% of recent trades reflecting bearish expectations. The majority of these trades are puts, totaling $186,612, compared to $167,195 in calls. Whales have been targeting a price range of $440.0 to $470.0 for Lockheed Martin over the last 3 months. The current price of LMT is $448.16, down 1.03%. Analysts' price targets range from $440 to $555.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:32 pm

TT

Trane Technologies (NYSE:TT) has outperformed the market over the past 15 years, producing an average annual return of 13.68%. If an investor had bought $1000 of TT stock 15 years ago, it would be worth $7,018.24 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:30 pm

NOW

ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 18.7% on an annualized basis, producing an average annual return of 29.2%. If an investor had bought $1000 of NOW stock 10 years ago, it would be worth $13,068.97 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:30 pm

TIP

The June Personal Consumption Expenditure (PCE) price index report, the Fed's favored gauge of inflation, is expected to be the primary focus of the central bank and financial markets. The headline PCE inflation is expected to drop from 3.8% in May to 3% in June. Core PCE inflation is expected to decline from 4.6% to 4.2% year-on-year in June. The PCE inflation data will be crucial in confirming whether the ongoing disinflation trend remains well-defined across various economic indicators. The iShares Treasury Inflation Protected Securities (TIPS) Bond ETF (NYSE:TIP) currently trades about 18% lower than its 2022 highs.

Portfolio Pulse from Piero Cingari

July 27, 2023 | 4:23 pm

ORLY

A significant bearish stance has been taken on O'Reilly Automotive (NASDAQ:ORLY) by a large investor or institution, as indicated by a large position in options. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The price target for ORLY, based on Volume and Open Interest, ranges from $740.0 to $970.0. The current price of ORLY is down -3.54% at $931.46. Analysts from Truist Securities, Wedbush, Wells Fargo, and Stephens & Co. have maintained their ratings on ORLY, with price targets ranging from $940 to $1075.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:17 pm

CSGP

CoStar Gr (NASDAQ:CSGP) has outperformed the market over the past 15 years, producing an average annual return of 20.22%. If an investor had bought $1000 of CSGP stock 15 years ago, it would be worth $16,339.95 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:00 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has outperformed the market over the past 10 years by 11.95% on an annualized basis, producing an average annual return of 22.44%. If an investor had bought $1000 of ISRG stock 10 years ago, it would be worth $7,615.66 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:00 pm

TGT

A significant bearish stance has been taken on Target (NYSE:TGT) as observed from unusual options activity. The sentiment among big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $125.0 to $150.0 for Target over the last 3 months. The price of TGT is up 1.26% at $136.16, with RSI indicators suggesting the stock may be approaching overbought. Target's next earnings are expected in 20 days.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 3:32 pm