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Equity Actions

MAR

Marriott Intl Inc.'s (NASDAQ:MAR) stock price is currently at $205.48, after a 0.48% decrease. However, the stock has increased by 7.31% over the past month and 27.33% over the past year. The company's P/E ratio of 23.33 is lower than the industry average of 44.21, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 6:00 pm

ACI

AMZN

WMT

Walmart Inc (WMT) is intensifying its competition with Amazon.com Inc (AMZN) in the e-commerce sector, with its Walmart+ service gaining traction as a rival to Amazon Prime. Walmart+ saw a 15% increase in membership in July, and its transactions are growing faster than Amazon's, potentially indicating a shift in expenditure from other grocery companies like Kroger Co (KR) and Albertsons Co Inc (ACI). Walmart's e-commerce revenue in the U.S. grew to 11%-12% over the last two years.

Portfolio Pulse from Anusuya Lahiri

August 17, 2023 | 5:41 pm

ALKS

APLS

CVS

DHR

GILD

HRTX

LLY

NVO

RVPH

TLRY

Benzinga's options activity scanner has identified significant trading activity in 10 health care stocks. The stocks include HRTX, CVS, RVPH, TLRY, APLS, ALKS, LLY, DHR, GILD, and NVO. The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 5:35 pm

SPIKE

TSLA

Tesla, Inc (NASDAQ:TSLA) is struggling to trade flat after dropping to a new 10-week low amid concerns of further rate hikes by the Federal Reserve. The EV giant has been in a downtrend since July 20, with lower lows indicating bearish control. If Tesla and other heavily weighted S&P 500 stocks continue to drop, market volatility is likely to increase. Traders can use MIAX’s SPIKES Volatility products, traded on SPIKES Volatility Index (XMIO: SPIKE), to play the potential volatility.

Portfolio Pulse from Melanie Schaffer

August 17, 2023 | 5:25 pm

AAPL

MMM

UBER

CNBC's Halftime Report discussed final trades involving Apple (AAPL), 3M (MMM), and Uber Technologies (UBER). Specific details of the discussion were not provided.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 5:01 pm

VFS

Vietnamese EV maker VinFast Auto (VFS) has seen a significant rise in its stock value since its recent public listing, with a market capitalization of about $60 billion, surpassing Ford Motor (F) and General Motors (GM). Despite selling only about 11,300 EVs in the first half of 2023 and still being unprofitable, the company's stock has attracted the attention of short sellers. However, due to the limited number of shares available for trading, there is a potential risk of a short squeeze.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 4:53 pm

FCX

Kevin Simpson, the Founder and Chief Investment Officer of Capital Wealth Planning, announced on CNBC that he has increased his holdings in Freeport-McMoRan.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 4:52 pm

CAT

A significant amount of unusual options activity has been observed for Caterpillar (NYSE:CAT), with a majority of investors taking a bearish stance. The price target for Caterpillar, based on volume and open interest, ranges from $240 to $370. The current price of CAT is $277.89, up 1.23%. Several financial institutions have maintained their ratings on Caterpillar, with price targets ranging from $250 to $323. The next earnings are expected in 70 days.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:45 pm

MDB

A significant bearish stance has been taken on MongoDB (NASDAQ:MDB) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $360.0 to $500.0 for MongoDB over the last 3 months. Currently, the price of MDB is down -1.21% at $354.5. JMP Securities and Keybanc have maintained their Outperform and Overweight ratings on MongoDB, respectively.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:33 pm

AMGN

A significant amount of unusual options activity has been observed for Amgen (NASDAQ:AMGN), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $125.0 and $275.0. The current price of AMGN is $265.55, up 0.2%. RBC Capital, Oppenheimer, Jefferies, and Mizuho have maintained their ratings on Amgen, with price targets of $253, $280, $310, and $223 respectively.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 4:33 pm