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Jim Cramer shared his views on several stocks, recommending buying Micron Technology and selling some Iron Mountain shares. He praised L3Harris Technologies and Crane Company, while expressing concerns about Intel's performance against AMD. Cramer also mentioned Devon Energy and Arm Holdings.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:43 pm

AIRJ

Montana Technologies reported an EPS of $0.24, a significant improvement from a loss of $(0.08) year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:35 pm

SQNS

SYTA

WDAY

Sequans is selling its 4G IoT technology to Qualcomm for $200M while retaining a license for ongoing use, and reports strong Q2 earnings. Workday shares rise after better-than-expected Q2 results and a new $1B buyback program. Siyata Mobile expands in the mining industry with new orders.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:26 pm

PVH

PVH Corp., owner of brands like Calvin Klein and Tommy Hilfiger, is set to release its Q2 earnings. Analysts expect earnings of $2.29 per share, up from $1.98 last year, with projected revenue of $2.07 billion. PVH's dividend yield is 0.15%, requiring significant investment to earn substantial monthly income. Bank of America maintained a Buy rating but lowered the price target from $144 to $133.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:22 pm

ICON

Icon Energy anticipates a significant increase in its financial performance for the first half of 2024, with revenue expected to rise by 15%-20% year-over-year. Operating profit and net income are also projected to see substantial growth. These preliminary results are subject to adjustments.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:20 pm

BBAI

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GFI

MPW

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UI

Ubiquiti Inc. and Red Robin Gourmet Burgers are among the stocks moving lower in Friday's pre-market session. Ubiquiti's shares fell 7.6% after missing sales estimates, despite beating earnings expectations. Red Robin's shares dropped 13.5% following downbeat earnings and lowered revenue guidance.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:16 pm

CHRD

NAT

VTS

Analysts have provided their ratings on three high-yield energy stocks: Nordic American Tankers, Vitesse Energy, and Chord Energy. Despite high dividend yields, these companies have faced recent challenges, including missed earnings and reduced price targets.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:03 pm

SY

So-Young International reported a slight revenue decline in Q2, with a 1.1% year-over-year decrease. Despite beating revenue estimates, the company faces challenges with declining mobile users and a disappointing Q3 outlook. The stock has dropped 31% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 11:58 am

SQNS

Sequans Communications shares rose following a year-over-year increase in preliminary Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:53 am

BMA

Banco Marco shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:47 am