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Several US stocks recorded gains on Monday despite the overall market trading lower. National Western Life Group's shares jumped 13.8% after announcing a merger deal with Prosperity Life Group. Defense stocks such as Northrop Grumman, General Dynamics, and Lockheed Martin surged amid the Israel-Hamas conflict. WW International, L3Harris Technologies, Kratos Defense & Security Solutions, and Huntington Ingalls Industries also saw gains. Callon Petroleum Company and Canadian Natural Resources Limited rose due to oil supply uncertainty caused by the conflict. Patterson-UTI Energy gained after Citigroup upgraded the stock, and Halliburton Company announced a strategic alliance with Core Laboratories.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 2:53 pm

INSE

Inspired Entertainment Inc (NASDAQ:INSE) has signed an agreement with the National Basketball Association (NBA) to develop virtual sports games using the NBA's archived footage. The NBA-themed offerings will allow fans to wager on teams in fast-paced matchups. The news has led to a slight increase in INSE shares.

Portfolio Pulse from Shivani Kumaresan

October 09, 2023 | 2:52 pm

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The article discusses value stocks in the communication services sector, highlighting Tegna (TGNA), Scienjoy Holding (SJ), Sinclair (SBGI), Verizon Communications (VZ), and Liberty SiriusXM Gr (LSXMA). It provides their P/E ratios and recent earnings per share. Tegna and Sinclair saw a decrease in earnings per share, while Scienjoy Holding, Verizon, and Liberty SiriusXM Gr experienced an increase.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

NIM

Nuveen Select Maturities (NYSE:NIM) announced it will pay a monthly dividend of 2.6 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 2.6 cents lower. Shareholders owning NIM as of the end of Wednesday's session are eligible for the dividend payout. The dividend will be paid out on November 01, 2023.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

WST

West Pharmaceutical Servs Inc. (NYSE:WST) shares are currently trading at $376.13, after a 0.38% decrease. Over the past month, the stock decreased by 4.49%, but over the past year, it increased by 56.93%. The company's P/E ratio is 54.96, lower than the Life Sciences Tools & Services industry average of 61.01, indicating potential undervaluation or weaker future performance.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

DAL

Delta Air Lines, Inc. (NYSE:DAL) shares are trading lower due to the ongoing Israel-Hamas conflict. The conflict has led to U.S. airlines, including Delta, suspending flights to Israel, causing a significant loss of revenue. The geopolitical conflict can also affect the overall health of the airline industry, including changes in consumer sentiment, fluctuations in oil prices, and disruptions in global trade.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 2:44 pm

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Benzinga Insights has identified five value stocks in the healthcare sector based on quantified analysis. These include OraSure Technologies (P/E: 9.83), Assertio Holdings (P/E: 1.47), CalciMedica (P/E: 0.0), Quoin Pharmaceuticals (P/E: 0.01), and First Wave BioPharma (P/E: 0.0). The Q2 earnings per share for these companies have shown mixed results compared to Q1.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:44 pm

DYNT

Ladenburg Thalmann analyst Jeffrey Cohen has downgraded Dynatronics (NASDAQ:DYNT) from Buy to Neutral and lowered the price target from $6.5 to $3.8.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:44 pm

RCL

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading lower due to the Israel-Hamas conflict. The conflict has led to travel uncertainties, potentially causing a surge in booking cancellations and a decline in revenue for Royal Caribbean. Ports in the Mediterranean and surrounding areas may also be impacted, leading to additional costs and passenger dissatisfaction.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 2:43 pm

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Canada's cannabis industry is expected to reach nearly $4.4 billion in retail sales. Major players like Tilray, Decibel Cannabis Company, and Village Farms International are examined in a report by Z&A. The report highlights a 12.3% YoY growth in the recreational cannabis market, while the medical marijuana market has seen a decline. Decibel stands out with a 77% growth in recreational sales. The report also notes the growth of Canada's exports of medical cannabis.

Portfolio Pulse from Nicolás Jose Rodriguez

October 09, 2023 | 2:43 pm