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FANG

Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has outperformed the market by 2.29% on an annualized basis, producing an average annual return of 11.27%. If an investor had bought $100 of FANG stock 10 years ago, it would be worth $301.82 today. The company currently has a market capitalization of $28.33 billion.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:30 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 15 years, producing an average annual return of 28.39%. If an investor had bought $100 of REGN stock 15 years ago, it would be worth $3,936.62 today. The company currently has a market capitalization of $84.49 billion.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:30 pm

SAVE

Spirit Airlines' stock is trading lower due to antitrust scrutiny over its deal with JetBlue.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:29 pm

ETRN

Equitrans Midstream Corp (ETRN) reported a 2% YoY increase in Q3 FY23 operating revenue to $338.51 million, beating estimates. The growth is attributed to increased transmission usage and higher water volumes. Adjusted EPS was $0.28, up from $0.09 in 3Q22, beating estimates. However, operating income declined by 13.5% YoY to $154.29 million. The company will pay a quarterly cash dividend of $0.15 per share on November 14, 2023. ETRN shares are trading higher by 1.20% at $8.89.

Portfolio Pulse from Akanksha Bakshi

October 31, 2023 | 5:28 pm

JBLU

JetBlue's shares are trading lower following disappointing Q3 EPS results and lower-than-expected Q4 and FY23 guidance. The company is also under scrutiny for its deal with Spirit Airlines amid an antitrust trial.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:24 pm

IAT

KBWR

KRE

PACW

SNV

WAL

Bill Gross, co-founder of PIMCO, has expressed interest in regional banks, seeing them as a long-term investment opportunity. He previously bought stocks of Western Alliance Bancorp, Synovus Financial Corp, PacWest Bancorp, and SPDR S&P Regional Banking ETF, selling off 80% of the holding in July. He has indicated a renewed interest in regional banks. The article also highlights three regional bank ETFs: SPDR S&P Regional Banking ETF, iShares U.S. Regional Banks ETF, and Invesco KBW Regional Banking ETF.

Portfolio Pulse from Surbhi Jain

October 31, 2023 | 5:21 pm

NSP

Insperity reported better-than-expected Q3 results and increased its 2023 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:20 pm

GOOGL

A significant number of investors have taken a bearish stance on Alphabet (NASDAQ:GOOGL), with 66% of the 51 detected trades being bearish. The total amount for puts is $1,651,450 and for calls is $947,948. Whales have been targeting a price range from $80.0 to $160.0 for Alphabet over the last 3 months. The current price of GOOGL is up 0.49% at $125.07. Analysts from Wells Fargo, Wedbush, Roth MKM, Keybanc, and B of A Securities have maintained their ratings on Alphabet, with price targets ranging from $126 to $160.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:18 pm

DHI

A whale investor has taken a bullish stance on D.R. Horton (NYSE:DHI), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $104.0 to $110.0 for D.R. Horton over the last 3 months. Barclays has maintained their Overweight rating on D.R. Horton with a price target of $130, while Goldman Sachs upgraded its action to Buy with a price target of $131.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:17 pm

HAYW

Hayward Holdings has issued weak FY23 guidance, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 5:15 pm