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Stock Prices

TEL

TE Connectivity (NYSE:TEL) has outperformed the market over the past 15 years, producing an average annual return of 13.0%. If an investor had bought $1000 of TEL stock 15 years ago, it would be worth $6,065.66 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 20 years by 2.44% on an annualized basis, producing an average annual return of 9.89%. If an investor had bought $1000 of SYK stock 20 years ago, it would be worth $6,637.51 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 6:00 pm

BAC

Bank of America Corp (BAC) reported a 10% YoY increase in net income to $7.8 billion and a 2.9% YoY increase in revenue to $25.32 billion for Q3. However, CEO Brian Moynihan warned of a slowdown in consumer spending, which has decelerated in a 'healthy but slowing economy'. The growth rate of consumer spending, which was close to 10% from 2021 to 2022, has now slipped to 4-4.5%.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 5:55 pm

GM

General Motors Co (NYSE:GM) plans to delay the production of electric pickup trucks at its Orion, Michigan, facility by a year to late 2025. The decision is aimed at aligning with the changing demand for electric vehicles. GM shares are trading higher by 0.91% at $30.33.

Portfolio Pulse from Shivani Kumaresan

October 17, 2023 | 5:46 pm

BIDU

A significant number of investors have taken a bearish stance on Baidu (NASDAQ:BIDU), with 61% of detected trades showing bearish expectations. The targeted price range for Baidu over the last 3 months is from $110.0 to $200.0. The current price of BIDU is down -3.13% at $121.0. Bernstein has maintained their Outperform rating on Baidu, with a price target of $168.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:46 pm

OXY

A significant amount of bearish options activity has been observed for Occidental Petroleum (NYSE:OXY), with 63% of investors opening trades with bearish expectations. The total amount for puts is $620,132 and for calls is $227,321. Whales have been targeting a price range from $40.0 to $72.5 for Occidental Petroleum over the last 3 months. The current price of OXY is down -0.55% at $65.01. Mizuho maintains a Buy rating with a price target of $76, UBS maintains a Neutral rating with a price target of $74, and Stephens & Co. downgraded its action to Overweight with a price target of $74.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:45 pm

BA

A significant bearish stance has been taken on Boeing (NYSE:BA) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 40% bullish and 59% bearish. The whales have been targeting a price range from $75.0 to $230.0 for Boeing over the last 3 months. Several experts have given their price targets for Boeing, with the highest being $285 by Citigroup.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:45 pm

CHPT

ChargePoint Holdings Inc's shares are trading higher by 3.9% despite a recent 23.7% decrease over the past five trading sessions. The drop followed an announcement that the company had secured commitments from institutional investors, including the lead investor of their $300 million convertible notes issued in April 2022. The company has also raised $57 million in the third fiscal quarter of 2024 and is planning to modify the terms of their notes with the lead investor. However, these actions might lead to a continued negative sentiment and a decline in the stock price.

Portfolio Pulse from Henry Khederian

October 17, 2023 | 5:44 pm

ASMB

OLK

SFBS

SPRC

The article lists the stocks that gained and lost in Tuesday's mid-day session. Notable gainers include SciSparc Ltd., Assembly Biosciences, Inc., and Olink Holding AB, while notable losers include Evelo Biosciences, Inc., Monte Rosa Therapeutics, Inc., and Nuvve Holding Corp. The article also mentions that ServisFirst Bancshares shares are trading lower by 6% after the company reported third-quarter earnings.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 5:42 pm

FNV

GOLD

NEM

NUGT

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) rose by 3.5% on Tuesday, following a rising channel pattern. The ETF, which usually follows the price of spot gold, has been in a strong uptrend since October 4. NUGT is a double-leveraged fund designed to outperform the NYSE Arca Gold Miners Index by 200%. It tracks several gold and silver mining companies, including Newmont Corp (NEM), Barrick Gold Corp (GOLD), and Franco-Nevada Corp (FNV), which make up 31.56% of its holdings.

Portfolio Pulse from Melanie Schaffer

October 17, 2023 | 5:40 pm