Streetbeat News

Earnings

DAL

FCX

ROKU

TTD

UAL

Jim Cramer discussed various stocks on CNBC's 'Mad Money Lightning Round,' highlighting opportunities and concerns. Edwards Lifesciences (EW) is seen as a buy at its current level, following a positive earnings report. Freeport-McMoRan (FCX) is advised to wait for a pullback due to its recent sharp rise. Delta Air Lines (DAL) and United Airlines (UAL) are favored for their value despite their volatility. The Trade Desk (TTD) is praised for its performance and preferred over Google, with a buying recommendation below the $80 level. Roku (ROKU) announced a partnership with Trade Desk, enhancing its advertising capabilities.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 1:09 pm

CTMX

CytomX Therapeutics announced it will provide an initial update on the Phase 1a clinical data for CX-904 on May 8, 2024. This update is highly anticipated as it marks a significant milestone in the development of CX-904.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:08 pm

AAPL

Apple Inc (AAPL) is set to report Q2 earnings with Wall Street expecting $1.40 EPS and $84.12 billion in revenue, a decrease from last year. Despite a year-to-date decline of 11.53% due to a weak iPhone 15 cycle, analysts suggest optimism for the iPhone 16 cycle and are keen on updates about iPhone sales, services revenue, and AI advancements. Technical indicators show a bearish trend for AAPL stock, but analysts see a 20% upside, with upcoming product launches potentially serving as catalysts.

Portfolio Pulse from Surbhi Jain

May 01, 2024 | 1:03 pm

NHTC

Natural Health Trends reported its Q1 2024 earnings per share (EPS) at $0.02, consistent with the previous year's same quarter. However, its revenue decreased to $11M from $11.9M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:01 pm

DAN

Recent analyst ratings for Dana Inc (NYSE:DAN) show a mix of bullish and bearish perspectives, with a shift towards a more cautious outlook over the last three months. The average 12-month price target has been adjusted to $15.8, down from $17.00, reflecting a 7.06% decline. Analysts from firms including Oppenheimer, RBC Capital, Barclays, JP Morgan, and Wells Fargo have updated their ratings and price targets, indicating varying expectations for Dana's financial performance. The company's market position is challenged by a lower market capitalization, revenue decline, and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 1:00 pm

EPRT

FRT

VTR

Wall Street's most accurate analysts have recommended three real estate stocks with over 4% dividend yields: Ventas, Inc. (VTR), Federal Realty Investment Trust (FRT), and Essential Properties Realty Trust, Inc. (EPRT). These stocks are highlighted for their high dividend yields and recent analyst upgrades, with price targets indicating potential upside. Recent news includes upcoming earnings releases for VTR and FRT, and better-than-expected quarterly sales for EPRT.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:58 pm

INCR

InterCure reported its full-year 2023 revenue at NIS 356 million.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:55 pm

MTN

SBUX

VFS

WHR

The article highlights the top 4 consumer discretionary stocks considered oversold based on their RSI values, indicating potential for growth. VinFast Auto, Vail Resorts, Whirlpool Corporation, and Starbucks Corporation are identified as undervalued, with recent financial results and stock movements detailed for each.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:53 pm

MCD

McDonald's Corp reported mixed Q1 FY24 results with a 4.6% sales growth to $6.17 billion, slightly above estimates, but an adjusted EPS of $2.70, missing estimates. Global and U.S. comparable sales continued to grow. The company anticipates a mid-to-high 40% operating margin and plans $2.5-$2.7 billion in capital expenditures. Following the announcement, analysts from Baird, Wedbush, and BMO Capital adjusted their price targets for McDonald's, all maintaining an Outperform rating but lowering their price targets.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:52 pm

LCFY

Locafy reported a decrease in its Q3 2024 operating revenue to AUD2.9M from AUD4.1M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:50 pm