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DAR

IMKTA

STG

Benzinga Insights has identified five value stocks in the consumer defensive sector that may be worth watching. These include iHuman (NYSE:IH), Sunlands Technology (NYSE:STG), Darling Ingredients (NYSE:DAR), Ingles Markets (NASDAQ:IMKTA), and Altria Group (NYSE:MO). The selection is based on a quantified analysis, with a focus on the price-to-earnings (P/E) multiple.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:39 pm

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Benzinga Insights has identified five value stocks in the basic materials sector based on quantified analysis. These include Alpha Metallurgical (AMR), Celanese (CE), Koppers Hldgs (KOP), Commercial Metals (CMC), and Sociedad Quimica Y Minera (SQM). The article provides recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:38 pm

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Federal Reserve's Barkin has stated that there are significant risks associated with both over and under tightening monetary policy. He also mentioned that the recent turmoil in the Middle East has not yet affected data.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:33 pm

SPY

Federal Reserve's Barkin has stated that financial conditions are volatile and are not a policy variable. This statement could potentially impact the market's perception of the Federal Reserve's future actions.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:31 pm

MGA

Auto parts supplier Magna International, Inc. (NYSE:MGA) reported a 15% YoY sales growth in Q3 FY23, beating analyst consensus. Adjusted EPS and EBIT also surpassed expectations. The company saw increased production in North America and Europe, but a decrease in China. Magna revised its FY23 sales outlook and raised its adjusted EBIT margin outlook. MGA shares are trading 14.6% higher.

Portfolio Pulse from Nabaparna Bhattacharya

November 03, 2023 | 2:30 pm

WCN

Waste Connections (NYSE:WCN) has outperformed the market over the past 20 years, producing an average annual return of 15.95%. If an investor had bought $1000 of WCN stock 20 years ago, it would be worth $19,222.37 today. The company currently has a market capitalization of $34.21 billion.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:30 pm

Deere (NYSE:DE) has outperformed the market over the past 5 years by 11.79% on an annualized basis, producing an average annual return of 21.35%. If an investor had bought $1000 of DE stock 5 years ago, it would be worth $2,683.07 today.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:30 pm

SBAC

SBA Communications reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:26 pm

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The ongoing Israel-Hamas conflict has escalated with Hezbollah and Houthi expected to join the war. The situation has raised concerns about potential impacts on European economies due to lower regional trade, tighter financial conditions, higher energy prices, and lower consumer confidence. Goldman Sachs has expressed concern that crude oil prices could rise to more than $150 a barrel if the conflict escalates. The US dollar index has dipped but remains above the 200-day moving average, indicating a bullish outlook. Treasury yields are on a downward trajectory, signaling increased demand for bonds.

Portfolio Pulse from Anthony Noto

November 03, 2023 | 2:25 pm

SPY

Federal Reserve's Barkin has stated that he is focused on understanding the behavior of price setters. He noted that there is some evidence that price setters are seeing declining power, but many still have it. Barkin also acknowledged the frustration over the state of the real estate market and mentioned that lower-end consumers are changing their spending habits.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:24 pm