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ADP

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years, producing an average annual return of 12.72%. If an investor had bought $100 of ADP stock 15 years ago, it would be worth $596.80 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 4:00 pm

V

Visa (NYSE:V) has outperformed the market over the past 15 years, producing an average annual return of 21.46%. If an investor had bought $1000 of V stock 15 years ago, it would be worth $16,847.88 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 4:00 pm

LPX

Louisiana-Pacific Corp (NYSE:LPX) reported Q3 FY23 net sales of $728 million, beating the consensus of $727.17 million, but marking a 14.6% YoY decline. Siding net sales and Oriented Strand Board (OSB) net sales decreased by 13% and 14% respectively. Adjusted EPS was $1.62, down from $1.72 in 3Q22, but beating the consensus of $1.53. The company expects OSB's net sales to decline sequentially by ~30% in 4Q23 and adjusted EBITDA to be between $60 million and $80 million. LPX shares were trading 4.1% higher at $53.39.

Portfolio Pulse from Akanksha Bakshi

November 01, 2023 | 3:58 pm

TGTX

TG Therapeutics reported its Q3 earnings, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:58 pm

BRFH

Barfresh Food Group Inc. (BRFH) has regained compliance with the Nasdaq Stockholders Equity Requirement. This follows after the company's recent efforts to meet the minimum stockholders' equity of $2.5 million as required by Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:52 pm

ALDX

Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) has entered into an exclusive options agreement with AbbVie. AbbVie has the option to acquire a co-exclusive license to develop, manufacture and commercialize reproxalap in the U.S. and an exclusive license outside the U.S. Aldeyra will receive a non-refundable option fee of $1 million and an upfront payment of $100 million. Aldeyra could receive up to $300 million in regulatory and commercial milestone payments. Shares of ALDX are up on heavy trading volume after the announcement.

Portfolio Pulse from Erica Kollmann

November 01, 2023 | 3:52 pm

SLAB

Silicon Laboratories Inc (NASDAQ:SLAB) reported Q3 FY23 sales of $203.76 million, down 24.5% Y/Y, beating the consensus of $200.24 million. However, the company's CEO, Matt Johnson, stated that the current demand environment remains weak. The company's outlook for Q4 FY23 revenue is $70 million-$100 million, significantly lower than the consensus of $204.93 million. The stock is down 37% YTD and was trading 9.9% lower at $83.14 at last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

November 01, 2023 | 3:44 pm

EAT

Brinker International Inc (EAT) reported Q1 FY24 revenues of $1.012 billion, slightly above the consensus of $1.010 billion. Comparable sales increased by 5.8% Y/Y due to higher menu pricing and favorable item mix. The company also reported an operating margin of 2.4% and adjusted EBITDA of $72.4 million. EAT reaffirmed its FY24 sales outlook of $4.27 billion-$4.35 billion and raised its adjusted EPS to $3.35-$3.65.

Portfolio Pulse from Lekha Gupta

November 01, 2023 | 3:42 pm

WFC

A whale investor has taken a bullish stance on Wells Fargo (NYSE:WFC), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $37.5 to $47.5 for Wells Fargo over the last 3 months. BMO Capital has maintained their Market Perform rating on Wells Fargo, with a price target of $54. The price of WFC is up 0.33% at $39.9.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 3:32 pm

AMP

Ameriprise Finl (NYSE:AMP) has outperformed the market over the past 15 years, producing an average annual return of 20.38%. If an investor had bought $1000 of AMP stock 15 years ago, it would be worth $14,595.40 today. The company currently has a market capitalization of $32.19 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 3:30 pm