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Stock Prices

O

Realty Income Corp. (NYSE:O) has seen its stock price around $53 and has a history of increasing dividends for 31 years, with an expected Q4 2023 dividend of $1.02 per share. The company reported a 24.1% revenue increase year-over-year, reaching $1.04 billion last quarter. The article explains how to generate a monthly income of $500 by investing in O, requiring an investment of $105,263, and provides a guide on calculating dividend yield and its relation to stock price.

Portfolio Pulse from judithnwadigo@gmail.com

December 14, 2023 | 3:54 pm

CHWY

Chewy hosts Investor Day and releases a presentation detailing key initiatives for 2024, which may include strategic plans, financial goals, and market expansion strategies.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:54 pm

META

Meta Platforms Inc (NASDAQ:META) has expanded its Threads app across Europe, introducing new features such as a web experience, a Following Feed, editable posts, and enhanced fact-checking. European users can link Threads with Instagram or use it without a profile. The app now includes interactive polls, GIF-sharing, and expanded keyword search functionality. Threads is also working towards compatibility with ActivityPub for interoperability with other social apps. META shares dropped by 1.77% to $328.92.

Portfolio Pulse from Anusuya Lahiri

December 14, 2023 | 3:53 pm

CAH

Cardinal Health's stock (CAH) trades lower following Wells Fargo's initiation of coverage with an Underweight rating and a $96 price target.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:48 pm

CHK

UBS analyst Josh Silverstein downgraded Chesapeake Energy (NASDAQ:CHK) from Buy to Neutral and reduced the price target from $106 to $86, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:46 pm

QURE

There was a notable options market activity for uniQure, where a sweep of 875 call options with a strike price of $9 and an expiration date of January 19 was executed near the asking price at $0.698 each. This is compared to an open interest of 388 for the same option, indicating a significant increase in trading volume. The underlying stock reference price at the time was $7.83.

Portfolio Pulse from Charles Gross

December 14, 2023 | 3:45 pm

INVH

Invitation Homes Inc. (NYSE:INVH), a residential REIT, has shown significant share price appreciation and dividend growth over the past five years. An initial investment of $10,000 in December 2018 would have grown to $17,115.28, with dividends contributing $1,498.59. The company recently increased its quarterly dividend by 7.7% and reported mixed Q3 earnings, with FFO slightly missing estimates but revenue exceeding expectations. Analysts from Oppenheimer and Raymond James have given positive ratings with price targets of $35 and $37, respectively. However, the proposed End Hedge Fund Control of American Homes Act of 2023 could pressure shares of Invitation Homes and similar REITs if it passes, as it aims to restrict and reduce investments in single-family homes by REITs.

Portfolio Pulse from Ethan Roberts

December 14, 2023 | 3:44 pm

JFBR

Jeffs' Brands Ltd (NASDAQ:JFBR) has signed a non-binding letter of intent with Sky Growth Partners Ltd. to invest in a new Israeli company, NewCo, for developing DLP laser-based drone countermeasure technology. Jeffs' Brands will hold a 70% stake in NewCo with a $2 million investment and provide a $250,000 credit line at 8% interest. The technology aims to disrupt electro-optical defense by disabling drone cameras and is pending patent and regulatory approval. JFBR's stock rose 12.31% to $3.65 following the announcement.

Portfolio Pulse from Akanksha Bakshi

December 14, 2023 | 3:43 pm

ZG

RBC Capital analyst Brad Erickson has reiterated an Outperform rating on Zillow Group (NASDAQ:ZG) and maintained a price target of $56.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:40 pm

PHM

PluteGroup's stock (PHM) is trading higher following Goldman Sachs' decision to maintain a Neutral rating while increasing the price target from $80 to $91.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:39 pm