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ABVC

ALGN

FFWM

SILC

Benzinga's Stock Whisper Index has highlighted five stocks that warrant attention for the week of Oct. 27, 2023. These include Impinj Inc, which reported strong Q3 results and Q4 guidance; ABVC Biopharma Inc, which saw shares soar after announcing a licensing deal; First Foundation Inc, which reported strong Q3 results; Silicom, which reported strong Q3 results but weaker Q4 guidance; and Align Technology, which reported weaker Q3 results and Q4 guidance.

Portfolio Pulse from Chris Katje

October 27, 2023 | 4:20 pm

RNAZ

TransCode Therapeutics announced a public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:19 pm

LMT

A significant bearish stance has been taken on Lockheed Martin (NYSE:LMT) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is 90% bearish. The whales have been targeting a price range from $410.0 to $620.0 for Lockheed Martin over the last 3 months. The price of LMT is currently down -0.44% at $444.0. Analysts from UBS and Deutsche Bank have downgraded their ratings to Neutral and Hold respectively, while JP Morgan, Citigroup, and Morgan Stanley have maintained their ratings.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:17 pm

PXD

VDE

XLE

XOM

Exxon Mobil Corp is in talks to acquire Pioneer Natural Resources for approximately $60 billion, including debt. The acquisition will expand Exxon's presence in the Permian Basin and boost its overall production. The deal is approved by both companies' boards and is expected to close within the first two quarters of 2024. The Energy Select Sector and Vanguard Energy ETFs are also mentioned as ones to watch.

Portfolio Pulse from Thrash Capital

October 27, 2023 | 4:16 pm

BJRI

BJ's Restaurants reported Q3 financial results, leading to a rise in its share prices. Wedbush maintained an Outperform rating on the stock and increased its price target from $32 to $33.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:06 pm

JPM

JP Morgan's CEO, Jame Dimon, and his family plan to sell 1 million shares of the company for diversification and tax-planning purposes. This news has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:06 pm

BYDDF

NIO

TSLA

XPEV

Chinese EV makers saw a rise in their stock prices after Tesla scrapped a discount on its Model Y in China. Xpeng, Li Auto, and Nio saw increases of 4%, 3%, and 2% respectively. Tesla's move is seen as a step towards profitability in the Chinese market, where it competes with these companies. This comes after Tesla's Q3 earnings fell short of expectations, with a 32.8% MoM sales decline in China. Meanwhile, BYD, another competitor, expects to increase its net profit by 67% to 102% in Q3.

Portfolio Pulse from Daniel Harrison

October 27, 2023 | 4:05 pm

MATX

Matson (NYSE:MATX) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $2.69. The company's past performance shows a mixed trend of meeting, exceeding, or missing EPS estimates. The stock price has seen varied changes post-earnings announcements. Matson's shares were trading at $89.88 as of October 26, with a 52-week increase of 21.85%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:02 pm

THC

Tenet Healthcare (NYSE:THC) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $1.20. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $53.41, up 21.24% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:02 pm

AXNX

Axonics (NASDAQ:AXNX) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a pattern of EPS misses followed by share price increases. The stock is currently trading at $49.7, down 31.12% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 4:01 pm