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CSCO

GS

KLAC

On CNBC's Halftime Report, experts shared their final trades, which included Cisco Systems, The Goldman Sachs Group, and KLA Corporation. These companies were highlighted as potential investment opportunities, though specific details of the discussion, such as the rationale behind the picks or price targets, were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:00 pm

QCOM

Qualcomm (NYSE:QCOM) has seen a 26.56% increase in short interest since its last report, with 17.99 million shares sold short, representing 1.62% of available shares. It would take 1.71 days to cover these short positions based on average trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Qualcomm's short interest is below its peer group average of 3.72%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

KEYS

Over the past 5 years, Keysight Technologies (NYSE:KEYS) has produced an average annual return of 18.95%, outperforming the market. A $100 investment in KEYS 5 years ago would be worth $241.57 today. Keysight Techs currently has a market cap of $25.57 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

PNC

PNC Financial Services Group's (NYSE:PNC) short interest has decreased by 4.41% since the last report, with 5.15 million shares sold short, representing 1.3% of available shares. It would take about 2.53 days to cover all short positions. A decrease in short interest can indicate a more bullish sentiment towards the stock. PNC has a higher short interest than its peer group average of 0.82%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

PLD

Over the past 10 years, Prologis (NYSE:PLD) has produced an average annual return of 12.89%, outperforming the market. A $100 investment in PLD a decade ago would be worth $337.83 today. Prologis currently has a market cap of $112.81 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

DFS

Discover Financial Services (NYSE:DFS) has seen a 56.19% increase in short interest since its last report, with 7 million shares sold short, representing 3.28% of its float. It would take 2.92 days to cover these short positions based on average trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Discover Financial has a lower short interest compared to its peer group average of 8.72%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

ATUS

Altice USA, Inc (NYSE:ATUS) is in discussions to sell Cheddar News to private equity firm Regent LP with an earn-out deal structure, potentially yielding future proceeds of up to $50 million. Altice USA, which acquired Cheddar for $200 million in 2019, has seen its stock price drop nearly 60% this year, amid declining profits and revenues from high-speed broadband losses. The company reported a Q3 revenue decline but beat consensus estimates.

Portfolio Pulse from Anusuya Lahiri

December 11, 2023 | 5:54 pm

CDNA

NTRA

The United States District Court for the District of Delaware denied CareDx's motion for summary judgment on two Natera patents, allowing the case to proceed to trial on January 22, 2024. Natera, Inc. (NASDAQ:NTRA) views this as a key objective achieved in protecting its cell-free DNA testing innovations from infringement by CareDx. In a related case, Natera had previously invalidated all three of CareDx's patents asserted against them.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 5:53 pm

LULU

NKE

PTON

Lululemon Athletica Inc (NASDAQ:LULU) reported an 18.7% increase in Q3 revenue to $2.2 billion, with net income slightly down by 2.6% to $248.7 million. The company saw growth in North America and significant expansion internationally. Lululemon also announced a partnership with Peloton Interactive Inc (NASDAQ:PTON), ditching its Mirror home workout device. The company is expanding into men's footwear and raised its full-year profit and revenue guidance. Lululemon is challenging Nike (NYSE:NKE) in the athleisure market, particularly in menswear and footwear.

Portfolio Pulse from Upwallstreet

December 11, 2023 | 5:53 pm

SAVA

Cassava Sciences, Inc. (NASDAQ:SAVA) stock is experiencing a significant increase, trading higher with over 20% gains in the last five days. The company has seen heavy trading volume, surpassing its 100-day average, with 36.61% of shares being sold short. The upward momentum follows the recent appointment of three new board members. Cassava Sciences is a clinical-stage biotech company focused on developing simufilam for Alzheimer's treatment. The stock is currently trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 11, 2023 | 5:50 pm