Streetbeat News

Stock Prices

GD

Over the past 20 years, General Dynamics (NYSE:GD) has produced an average annual return of 8.98%, outperforming the market by 1.43% on an annualized basis. A $100 investment in GD 20 years ago would be worth $561.87 today, showcasing the impact of compounded returns over time. General Dynamics currently has a market capitalization of $73.55 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 8:30 pm

TJX

TJX Companies (NYSE:TJX) has delivered an average annual return of 15.06% over the past 20 years, outperforming the market by 7.51%. An initial investment of $1000 in TJX stock 20 years ago would be worth $16,955.81 today. The company currently has a market capitalization of $111.51 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 8:30 pm

FUBO

FuboTV shares are trading lower following the announcement of a joint venture by ESPN, Fox, and Warner Bros. Discovery to launch a new streaming sports service in the U.S. This development introduces significant competition for FuboTV in the sports streaming market.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 8:29 pm

NVDA

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on NVIDIA (NASDAQ:NVDA) and increased the price target from $603 to $750.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 8:27 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares are trading lower after multiple analysts downgraded the stock to Neutral and set price targets around $4.50-$4.75. UBS and Seaport Global analysts cited concerns, while Redburn Atlantic initiated coverage with a Neutral rating. Despite the downgrades, Plug Power announced the restart of its hydrogen plant in Tennessee, aiming to improve efficiency and supply. The stock is currently trading above its 50-day moving average, with a significant portion of shares being sold short.

Portfolio Pulse from Erica Kollmann

February 07, 2024 | 8:18 pm

BSX

Deep-pocketed investors have shown a bearish sentiment towards Boston Scientific (NYSE:BSX), with options trading data revealing a significant shift. Benzinga's tracking highlighted 12 unusual options activities, with a bearish majority of 66% against 33% bullish. The trading targets a price range of $60.0 to $85.0 for BSX. Current trading volume is 4,094,550 with the stock price at $64.79. Analyst ratings in the last 30 days give an average price target of $69.8, with mixed reviews from RBC Capital, Oppenheimer, Citigroup, and Raymond James.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 8:16 pm

FTNT

Fortinet, Inc. (NASDAQ:FTNT) shares rose after reporting Q4 financial results that exceeded expectations. Analysts have adjusted their price targets, with most raising them. HSBC downgraded the stock but still increased its target. Fortinet's earnings and sales beat estimates, with significant growth in Security Operations and SASE billings. The company provided optimistic guidance for Q1 and full-year 2024.

Portfolio Pulse from Erica Kollmann

February 07, 2024 | 8:14 pm

DIS

Walt Disney Co (NYSE:DIS) shares are trading flat following an announcement of a joint sports streaming service launch this fall with ESPN, Warner Bros Discovery, and Fox. The service will offer a wide range of sports channels and the option to bundle with Disney+, Hulu, and Max. Disney is also preparing to report its fiscal first-quarter financial results, with expected earnings of 99 cents per share on $23.643 billion in revenue. Disney shares experienced a slight decline of 0.31% to $98.98.

Portfolio Pulse from Adam Eckert

February 07, 2024 | 8:11 pm

PETS

PetMed Express (NASDAQ:PETS) is scheduled to release its quarterly earnings report on February 8, 2024, with an estimated EPS of $-0.01. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. PetMed Express's stock performance has been negative over the past year, with a 70.21% decline, and its past earnings have shown a mix of misses and slight beats, affecting its stock price variably.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 8:02 pm

PXLW

Pixelworks (NASDAQ:PXLW) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $-0.04. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, leading to varied stock price reactions. Shares of Pixelworks were trading at $2.16 as of February 6, showing a 7.73% increase over the last 52 weeks. Investors are looking forward to not just the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 8:02 pm