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CROX

CSCO

HPQ

TGT

Insiders at HP, Cisco, Crocs, and Target have recently sold shares, indicating potential concerns or personal financial strategies. Target and Crocs reported strong financial results, Cisco deepened its alliance with BBVA, and HP reported disappointing sales.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:25 pm

AEVA

BTOG

NCNA

PIXY

SURG

SurgePays, Inc. (NASDAQ:SURG) shares fell by approximately 15% in pre-market trading due to worse-than-expected Q4 financial results. Other stocks also showed significant movement in pre-market trading, with notable gainers including NuCana plc (NASDAQ:NCNA) and ShiftPixy, Inc. (NASDAQ:PIXY), and losers like Aeva Technologies, Inc. (NASDAQ:AEVA) and Bit Origin Ltd (NASDAQ:BTOG).

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:24 pm

EB

EVC

MANU

SIRI

The article highlights the top 4 oversold tech and telecom stocks in the communication services sector, suggesting potential for growth. These include Entravision Communications (EVC), Manchester United (MANU), Eventbrite (EB), and Sirius XM Holdings (SIRI), all of which have RSI values indicating they are oversold. Recent company developments and financial results are discussed for each.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:23 pm

DLTR

Dollar Tree Inc (NASDAQ:DLTR) shares dropped after reporting Q4 FY23 sales of $8.63 billion, missing estimates of $8.67 billion. Same-store sales varied across segments, with Dollar Tree up 6.3%, Family Dollar down 1.2%, and Enterprise up 3%. Gross profit rose 16.2% Y/Y to $2.77 billion, but operating loss was $(1.89) billion compared to prior operating income of $618.1 million. Adjusted EPS of $2.55 missed estimates of $2.65. The company forecasts FY24 net sales of $31-$32 billion and adjusted EPS of $6.70-$7.30, with Q1 expectations below analyst estimates.

Portfolio Pulse from Shivani Kumaresan

March 13, 2024 | 12:17 pm

SGMO

Sangamo Therapeutics (NASDAQ:SGMO) reported Q4 earnings with a per-share loss of $(0.34), missing the $(0.26) estimate, and sales of $2.04M, missing the $8.10M estimate. This represents a significant decrease from the previous year's performance.

Portfolio Pulse from Happy Mohamed

March 13, 2024 | 12:15 pm

CLNN

Clene Inc. (NASDAQ:CLNN) reported a Q4 GAAP EPS of $(0.47), missing the $(0.46) estimate by 2.17%, and sales of $654K, beating the $557K estimate by 17.41%. Year-over-year, this represents a 2.17% increase in losses but a 38.27% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:10 pm

VRA

Vera Bradley projects its FY25 revenue to be between $460M and $480M, which is below the estimated $490.32M. Additionally, the company forecasts EPS to range from $0.54 to $0.62, also falling short of the expected $0.7.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:08 pm

SWIM

B of A Securities analyst Rafe Jadrosich downgraded Latham Group (NASDAQ:SWIM) from Buy to Underperform and reduced the price target from $4.5 to $2.6, indicating a negative outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:06 pm

AADI

Aadi Bioscience reported Q4 GAAP EPS of $(0.60), surpassing the $(0.65) estimate, and sales of $6.33M, slightly above the $6.29M estimate. This represents a decrease in losses per share but an increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:03 pm

OCC

Optical Cable Corporation (OCC) reported a significant decrease in its Q1 earnings, with a loss of $(0.18) per share compared to a profit of $0.10 per share year-over-year. Sales also decreased by 18.75% to $14.86 million from $18.28 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:01 pm