Streetbeat News

Stock Prices

BHIL

FAMI

As of Feb. 13, 2024, Farmmi, Inc. (FAMI) and Benson Hill, Inc. (BHIL) in the consumer staples sector are considered overbought with RSI values of 91.39 and 70.98, respectively. FAMI's stock rose 19% over five days after CFO Lingge Wu's resignation, while BHIL's stock increased 23% following a narrower-than-expected quarterly loss and strategic shifts to an asset-light business model.

Portfolio Pulse from Avi Kapoor

February 13, 2024 | 12:38 pm

AAPL

Tony Robbins, on CNBC's Last Call, advocated for investing in Apple Inc. (NASDAQ:AAPL) stock over yearly iPhone upgrades, highlighting the benefits of ownership in combating consumer culture. He illustrated this by calculating that investing the money spent on iPhone upgrades since 2007 could have yielded $200K today, compared to the $20K+ spent on the phones. This advice aims to shift the mindset from consumerism to ownership, potentially impacting Apple's stock perception.

Portfolio Pulse from Ananya Gairola

February 13, 2024 | 12:33 pm

HAS

Hasbro's stock price declined following the announcement of their Q4 financial results, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:23 pm

TAP

Molson Coors Beverage's shares saw an increase following the announcement of their Q4 2023 earnings surpassing expectations, along with the issuance of their 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:20 pm

DNUT

Krispy Kreme (DNUT) reported Q4 adjusted earnings of $0.09 per share, missing the $0.13 estimate, a decrease of 18.18% from last year. However, sales of $450.90M exceeded estimates by 2.78%, marking an 11.44% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:19 pm

MCO

Moody's Corporation (MCO) has provided its full year 2024 guidance, forecasting revenue growth in the high-single-digit to low-double-digit percent range and an adjusted EPS of $10.25-$11.00, which is below the estimated $11.15. The guidance also includes details on operating expenses, margins, interest expense, tax rate, cash flow, and share repurchases. Moody's Analytics expects a 10% revenue increase and Moody's Investors Service anticipates revenue growth in the high-single-digit to low-double-digit percent range.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:19 pm

ZTS

Zoetis shares are trading lower following the release of mixed Q4 earnings and the issuance of its 2024 guidance. The company's performance and future outlook have impacted investor sentiment, leading to a decrease in stock price.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:18 pm

BRKR

Bruker Corporation has updated its FY23 revenue outlook to $2.88B-$2.91B, slightly below the $2.92B estimate but higher than its previous forecast of $2.85B-$2.90B. The company also projects its FY23 adjusted EPS to be $2.48-$2.53, which is below the $2.55 estimate. Additionally, Bruker anticipates organic revenue growth of 11.5%-12.5%, a 150 basis points increase from its prior outlook.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:17 pm

BIIB

Biogen's shares dropped following a report of disappointing Q4 2023 earnings and a less optimistic outlook for 2024.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 12:17 pm

HASI

TFC

VIRT

Wall Street's most accurate analysts have recommended three financial stocks with over 5% dividend yields: Truist Financial Corporation (TFC), Virtu Financial, Inc. (VIRT), and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI). TFC's dividend yield is 5.78%, with price targets recently raised by analysts from RBC Capital and Keefe, Bruyette & Woods. VIRT has a dividend yield of 5.76%, but its price targets were lowered by analysts from UBS and Citigroup following worse-than-expected Q4 results. HASI offers a 6.27% dividend yield, with upgrades and higher price targets from Morgan Stanley and B of A Securities after pricing an upsized add-on private offering of green senior unsecured notes.

Portfolio Pulse from Avi Kapoor

February 13, 2024 | 12:12 pm