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IWM

The Russell 2000 index, representing small-cap stocks, is poised for a significant comeback due to favorable economic conditions, interest in disruptive industries, and technical bullish indicators. Small-cap stocks offer high growth potential but come with risks like increased volatility and liquidity issues. Strategies for investing include focusing on growth-oriented stocks and seeking undervalued companies. Resources like financial news websites, brokerage platforms, and professional research firms can aid in making informed decisions. The current landscape presents a major opportunity for investors in small-cap stocks, with careful research and strategy being crucial.

Portfolio Pulse from Thrash Capital

February 12, 2024 | 7:37 pm

DNLI

PFE

RGNX

SRPT

REGENXBIO Inc (NASDAQ:RGNX) reported positive interim results from trials of RGX-202 and RGX-121, targeting Duchenne muscular dystrophy and Mucopolysaccharidosis Type II, respectively. Despite the success, challenges from competitors such as Sarepta Therapeutics Inc's Elevidys, Pfizer Inc's fordadistrogene movaparvovec, and potential treatments from Denali Therapeutics Inc and JCR Pharmaceuticals may limit market opportunities. Wedbush maintains a Neutral rating on RGNX with a price target of $21, citing the crowded market and awaiting further functional data.

Portfolio Pulse from Vandana Singh

February 12, 2024 | 7:35 pm

SOFI

Deep-pocketed investors have shown a bullish sentiment towards SoFi Technologies (NASDAQ:SOFI), with a notable increase in options activity. Benzinga's tracking revealed 20 extraordinary options activities, with a 60% bullish and 40% bearish sentiment among investors. The targeted price range for SOFI over the last 3 months is between $6.0 to $17.0. The company, known for its wide range of financial services, has seen its stock price slightly decrease by -0.12%, reaching $8.12. Analyst ratings in the last month have varied, with an average target price of $8.83, but opinions range from Underweight to Buy.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 7:01 pm

MSFT

SONY

TTWO

Recent data from Take-Two Interactive Software Inc.'s earnings report shows Sony Group Corp.'s PlayStation 5 has outsold Microsoft Corp.'s Xbox Series X | S by a 2:1 ratio. As of Dec. 31, 2023, 77 million Gen 9 consoles have been sold, with over 50 million being PS5 units. This sales lead is significant amidst rumors of Xbox exclusives potentially launching on PlayStation. Xbox head Phil Spencer has committed to addressing these concerns and reassured that Microsoft will continue making consoles.

Portfolio Pulse from Franca Quarneti

February 12, 2024 | 6:54 pm

AMZN

DIA

NVDA

QQQ

SMH

SPY

Wall Street reached new highs with the S&P 500 and Nasdaq 100 leading, ahead of the January inflation report. Bitcoin soared to $50,333, and NVIDIA surpassed Amazon in market cap. The VanEck Semiconductor ETF surged over 20% YTD. Major ETFs like SPY, DIA, and QQQ also saw gains, with sector-specific ETFs like XLB, XLE, and XLC performing well. V.F. Corporation and Enphase Energy stocks rose significantly. Companies like Arista Networks, Cadence Design Systems, Waste Management, and Principal Financial Group are set to report earnings.

Portfolio Pulse from Piero Cingari

February 12, 2024 | 6:50 pm

CMCSA

DIS

GOOG

INTU

KDP

PARA

Super Bowl LVIII featured commercials from a wide range of companies, with ad slots priced at around $7 million for 30 seconds. Paramount Global Inc aired the game on CBS, Nickelodeon, and streamed it on Paramount+. The overtime period likely resulted in additional ads. Companies like Keurig Dr Pepper, Intuit, Flutter Entertainment, Disney, Alphabet, Comcast, Unilever, PepsiCo, Restaurant Brands International, CoStar Group, Kellanova, Anheuser-Busch InBev, PDD Holdings, L'Oreal, Booking Holdings, T-Mobile US, Molson Coors Beverage, Mondelez International, Morgan Stanley, The Hershey Company, Squarespace, Snap Inc, Deckers Outdoor, e.l.f. Beauty, Etsy, Apple, Danone, Maplebear, Uber Technologies, Pfizer, Skechers, Toyota Motor Corporation, Amazon.com, Ally Financial, Progressive Corporation, Discovery Financial Services, and DoorDash were among those who advertised during the event.

Portfolio Pulse from Chris Katje

February 12, 2024 | 6:40 pm

AGRI

AgriFORCE Growing Systems is set to be issued US Patent Number 11,895,958 titled "Structures For Growing Plants (To Generate Micro-environment Conditions)". This patent represents a significant advancement in the technology for creating optimal growing conditions for plants, potentially enhancing the company's product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 6:27 pm

ARM

NVDA

Arm Holdings Plc (NASDAQ:ARM) stock surged over 30% on Monday, following a 117% increase last week, adding close to $100 billion in market cap. This comes after the company reported quarterly sales of $824 million, surpassing analyst expectations, and an EPS of $0.29. The growth is attributed to the success of Armv9-based chips and strong demand for advanced Arm CPUs, particularly in AI investments. Nvidia Corp (NASDAQ:NVDA) also saw a 7% increase last week. Morgan Stanley analyst Lee Simpson raised ARM's price target to $107 from $55, highlighting ARM's leadership in silicon IP and potential growth in cloud and autos with the adoption of ARMv9 architecture.

Portfolio Pulse from Anusuya Lahiri

February 12, 2024 | 6:22 pm

ANTX

BIG

MGIH

Big Lots, Inc. shares plummeted by 31.3% after reporting disappointing preliminary Q4 results and a downgrade by Loop Capital. Other stocks showed significant movement, with notable gainers including Millennium Group International Holdings Limited, Beamr Imaging Ltd., and DIH Holdings US, Inc. Losers included AN2 Therapeutics, Inc., AirTouch Communications, Inc., and TOP Financial Group Limited.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 6:07 pm

MMS

Maximus (MMS) has been awarded a contract by South Dakota's Department of Social Services to administer mental health assessments for Medicaid-certified nursing facility placements. This marks the first time South Dakota has partnered with an external vendor for this purpose. Maximus will leverage its nearly 25 years of experience in running Preadmission Screening and Resident Review (PASRR) programs to enhance the state's program, offering centralized services, improved data collection, and analysis to support South Dakota's goals.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 6:03 pm