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NUE

Nucor's short interest has decreased by 8.23%, with 4.09 million shares sold short, representing 2.23% of its float. This is lower than its peers' average of 5.27%. The decrease in short interest may indicate a more bullish sentiment towards Nucor.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:00 pm

USFD

US Foods Holding Corp (NYSE:USFD) has seen a 23.92% decrease in its short interest, now at 2.29% of its float. This is lower than the peer group average of 4.63%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:00 pm

ITA

MISL

RTX

RTX Corporation's Raytheon has secured a DARPA contract to develop ultra-wide bandgap semiconductors using diamond and aluminum nitride technology. This contract is part of a two-phase project aimed at enhancing power delivery and thermal management in electronic applications. RTX's stock has gained over 74% in the past year, and investors can gain exposure through ETFs like iShares U.S. Aerospace & Defense ETF and First Trust Indxx Aerospace & Defense ETF.

Portfolio Pulse from Nabaparna Bhattacharya

October 02, 2024 | 5:00 pm

AVB

AvalonBay Communities (NYSE:AVB) has seen a significant rise in short interest, with a 93.22% increase since the last report. Currently, 3.52 million shares are sold short, representing 3.42% of the float. Despite the increase, AVB's short interest is below the peer group average of 4.55%.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:00 pm

HSY

Hershey shares are trading higher due to a report indicating that competitor Mars will increase prices in December.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:49 pm

AAPL

JPMorgan analyst Samik Chatterjee maintains an Overweight rating on Apple with a $265 price target, noting strong interest in the iPhone 16 series despite a decline in preference for high-end models. Interest in new iPhones is higher for 2024, driven by faster devices and 5G connectivity.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 4:48 pm

SARO

StandardAero's shares began trading at $31.16 per share after an IPO priced at $26 per share for 60 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:48 pm

QCOM

Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (QCOM) options, with significant options activity detected. The majority of these investors are leaning bullish, targeting a price range of $160 to $220. Qualcomm's stock is currently up by 2.2%, trading at $169.43, with an anticipated earnings release in 28 days.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:46 pm

V

The options market shows a bearish sentiment towards Visa, with significant investors targeting a price range of $250 to $330. Despite this, analysts maintain positive ratings with target prices around $315. Visa's stock is currently neutral with a slight decline.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:46 pm

AXON

Deep-pocketed investors are showing a bullish sentiment towards Axon Enterprise (NASDAQ:AXON) with significant options activity. The majority of options are bullish, indicating potential positive movement in the stock price. Analysts have mixed ratings, with target prices ranging from $375 to $430.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:46 pm