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GE

General Electric (NYSE:GE) has outperformed the market over the past 5 years, producing an average annual return of 18.46%. If an investor had bought $100 of GE stock 5 years ago, it would be worth $217.26 today.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 7:31 pm

ALTO

DDOG

OPRT

SNTI

TMDX

UBER

VTYX

U.S. stocks traded higher with the Nasdaq Composite gaining around 1% on Tuesday. Uber Technologies reported an increase in sales for Q3 but missed the consensus. TransMedics Group, Senti Biosciences, and Datadog shares rose after positive Q3 results and strong guidance. Ventyx Biosciences, Alto Ingredients, and Oportun Financial Corporation shares fell after disappointing Q3 results. Crude oil fell by 4.2%.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 7:30 pm

AVDX

Susquehanna analyst James Friedman maintains a positive outlook on AvidXchange Holdings (NASDAQ:AVDX), but has lowered the price target from $15 to $11.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:28 pm

HD

RBC Capital Markets analyst Steven Shemesh initiated coverage on The Home Depot Inc (NYSE:HD) with a Sector Perform rating and a price target of $303. Shemesh sees long-term growth potential for HD due to structural tailwinds in the home improvement industry, HD's supply chain investments, and advantaged real estate positions. However, he also warns of near-term risks due to higher interest rates, inflation, and a shift in consumer spending towards services.

Portfolio Pulse from Lekha Gupta

November 07, 2023 | 7:27 pm

GOGO

Gogo Inc reported Q3 FY23 revenue growth of 7% YoY to $97.9 million, missing the consensus of $103.8 million. EPS of $0.16 beat the consensus of $0.14. The company cut its FY23 revenue outlook to $390 million - $400 million from the prior $410 million - $420 million. Gogo's shares traded lower by 5.98% at $9.99 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 7:27 pm

SAN

Banco Santander Inc. (NYSE:SAN) shares are currently trading at $3.72, after a 1.33% drop. Over the past month, the stock fell by 1.06%, but over the past year, it increased by 43.30%. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E of the Banks industry, indicating that the stock might be undervalued.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 7:15 pm

GFS

GlobalFoundries Inc (NASDAQ:GFS) reported a Q3 FY23 revenue decline of 11% YoY to $1.852 billion, beating the consensus of $1.849 billion. The company's adjusted EPS of $0.55 also beat the consensus of $0.49. However, the adjusted gross margin and operating margin declined. The company generated $416 million in operating cash flow and held $3.4 billion in cash and equivalents. GFS shares traded higher by 5.35% at $54.42.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 7:11 pm

CVX

Chevron Corporation (NYSE:CVX) reportedly sees a limited path for Venezuela's oil production expansion, despite the country receiving a reprieve from U.S. sanctions. The U.S. Treasury Department has granted a six-month license allowing Venezuela to freely engage in oil production and sales. However, Chevron's Vice President of Crude Supply and Trading, Patti Leigh, expressed skepticism about the immediate effects of this license due to its short-term nature.

Portfolio Pulse from Shivani Kumaresan

November 07, 2023 | 7:09 pm

QNRX

Quoin Pharmaceuticals (NASDAQ:QNRX) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-2.72. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $4.52, down 75.2% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 7:02 pm

MRMD

MariMed (OTC:MRMD) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $0.315 and has seen a 37.75% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 7:02 pm