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Stock Prices

CASY

Stephens & Co. analyst Ben Bienvenu has maintained an Overweight rating on Casey's General Stores (NASDAQ:CASY) and increased the price target from $305 to $340.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:22 pm

REVG

REV Group, Inc. (NYSE:REVG) reported Q4 FY23 sales of $693.3 million, surpassing estimates of $666.13 million, driven by growth in Fire & Emergency and Commercial segments. Adjusted EPS was $0.53, beating the $0.34 consensus. Gross profit rose 42.9% to $95.5 million, with margins expanding to 13.8%. Adjusted EBITDA increased to $54 million from $33.5 million in 4Q22. Backlog grew to $4.46 billion. Operating cash flow for the fiscal year was $126.5 million, and the company declared a $0.05 per share dividend. FY24 outlook anticipates net sales of $2.6-$2.7 billion, adjusted net income of $82-$99 million, and free cash flow of $70-$85 million. REVG shares are up 5.33% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

December 13, 2023 | 2:21 pm

HDB

HDFC Bank Inc. (NYSE:HDB) shares fell by 1.04% to $63.98 in the current market session. Despite a 9.33% increase over the past month, the stock has declined by 6.31% over the past year. The company's P/E ratio of 20.25 is higher than the Banks industry average of 13.26, suggesting that HDFC Bank may be overvalued or that investors expect better future performance. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:15 pm

Goldman Sachs analyst Kate McShane has maintained a Sell rating on Grocery Outlet Holding (NASDAQ:GO) and reduced the price target from $33 to $24.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:15 pm

AAPL

AMD

AVGO

BTCUSD

CAVA

GLD

PFE

QQQ

TSLA

Swaggy Stocks has listed the top 10 trending stocks on WallStreetBets as of December 13, 2023. The list includes Tesla (TSLA), Invesco QQQ Trust (QQQ), Cracker Barrel Old Country Store (CAVA), Pfizer (PFE), Apple (AAPL), Broadcom (AVGO), SPDR Gold Trust (GLD), C3.ai (AI), Bitcoin (BTCUSD), and Advanced Micro Devices (AMD).

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:13 pm

ICU

SeaStar Medical has been notified by the staff that it has not regained compliance with the market value rule or the alternative criteria, according to an SEC filing on December 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:04 pm

SLM

Wedbush analyst David Chiaverini has maintained an Outperform rating on SLM Corporation (NASDAQ:SLM) and increased the price target from $18 to $21.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:04 pm

AEI

Alset Inc. (NASDAQ:AEI) has signed a binding term sheet to acquire 100% of New Energy Asia Pacific Inc. (NEAPI), which owns a 41.5% stake in New Energy, a distributor of electric vehicles and charging stations. The acquisition, valued at $103.75 million, will be paid through a convertible note with a five-year term and a 3% interest rate. The note's conversion price is set at $12.00 per share, significantly higher than AEI's last trading price of $0.75. New Energy has a strong demand pipeline with MOUs worth $42 million and plans to expand its revenue streams. The acquisition aligns with AEI's commitment to sustainable solutions.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:03 pm

AAPL

AMZN

GOOGL

IUSG

IUSV

META

MSFT

NVDA

TSLA

Growth stocks, particularly from the Information Technology and Communication Services sectors, have outperformed value stocks in 2023. The iShares Core S&P U.S. Growth ETF (IUSG) has seen a return of 26.42% over the past year, while the iShares Core S&P U.S. Value ETF (IUSV) has returned 15.47%. IUSG is heavily weighted towards tech sectors with top holdings like AAPL, MSFT, NVDA, GOOG, and TSLA. IUSV is more diversified, with a significant weight in the Finance sector and top holdings including MSFT, META, and AMZN. Despite value stocks showing better performance in the past month, growth stocks are expected to continue their momentum, especially with the expansion of AI technology.

Portfolio Pulse from Surbhi Jain

December 13, 2023 | 2:03 pm

NVDA

Over the past 20 years, NVIDIA (NASDAQ:NVDA) has produced an average annual return of 32.31%, outperforming the market with an annualized basis of 24.81%. A $1000 investment in NVDA 20 years ago would be worth $270,526.83 today. NVIDIA's market capitalization currently stands at $1.17 trillion.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:02 pm