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NVDA

Nvidia Corp's stock is trading higher due to the ongoing artificial intelligence frenzy and its collaborations with Getty Images Holdings, Inc and Cloudflare, Inc. The optimistic outlook on AI prospects by Advanced Micro Devices, Inc's CEO Lisa Su has also contributed to the momentum. Supply chain constraints and China's struggle with its semiconductor position are expected to drive up the prices of semiconductor chips, including AI chips.

Portfolio Pulse from Anusuya Lahiri

September 27, 2023 | 3:38 pm

JNJ

A significant amount of unusual options activity has been observed for Johnson & Johnson (NYSE:JNJ), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split 60% bullish and 40% bearish. The targeted price range for JNJ over the last 3 months has been $135.0 to $175.0. The current price of JNJ is down -1.45% at $156.72. Analysts from Barclays, Cantor Fitzgerald, Wells Fargo, and Morgan Stanley have maintained their ratings on JNJ, with price targets ranging from $158 to $215.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:32 pm

DRS

Defense contractor Leonardo DRS Inc (NASDAQ:DRS) has announced its decision to voluntarily delist its common stock from the Tel Aviv Stock Exchange (TASE). The delisting is expected to take effect three months after the company's request on September 27, 2023. The company's shares will continue to be traded on the TASE during the interim period and will be transferred to the Nasdaq after delisting. The company's listing on Nasdaq will not be affected.

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 3:32 pm

ABNB

A significant number of investors have taken a bearish stance on Airbnb (NASDAQ:ABNB), with 80% of detected trades being bearish and 20% bullish. The trades include 6 puts amounting to $270,434 and 4 calls amounting to $145,788. Whales have been targeting a price range from $110.0 to $172.5 for Airbnb over the last 3 months. Truist Securities maintains a Hold rating on Airbnb with a price target of $126.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:31 pm

FANG

A significant bullish stance has been taken on Diamondback Energy (NASDAQ:FANG) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $97.85 to $180.0 for Diamondback Energy over the last 3 months. The price of FANG is up 2.75% at $157.27. Mizuho, Raymond James, and Wells Fargo have maintained their positive ratings on Diamondback Energy.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:31 pm

COR

Cencora (NYSE:COR) has outperformed the market over the past 20 years, producing an average annual return of 13.77%. If an investor had bought $100 of COR stock 20 years ago, it would be worth $1,300.58 today.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:30 pm

YUM

Yum Brands (NYSE:YUM) has outperformed the market over the past 20 years by 5.4% on an annualized basis, producing an average annual return of 12.71%. If an investor had bought $100 of YUM stock 20 years ago, it would be worth $1,100.02 today.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:30 pm

BLNK

UBS has initiated coverage on Blink Charging with a Buy rating and a price target of $7. This has led to an increase in the trading of Blink Charging shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:27 pm

LCID

Lucid Group has officially opened its new EV manufacturing facility in Saudi Arabia, marking its second Advanced Manufacturing Plant (AMP-2) and first international plant. The AMP-2 plant, which has begun assembly of the Lucid Air model vehicles, is expected to have an annual production capacity of 5,000 cars. The plant received significant support from the Ministry of Investment of Saudi Arabia, the Saudi Industrial Development Fund, and the Economic City at King Abdullah Economic City. Lucid Group shares are trading higher with a short interest of 17.41%.

Portfolio Pulse from Erica Kollmann

September 27, 2023 | 3:26 pm

VRSSF

The article provides four fundamental tips for wealth creation: understanding that dollars do not equate to wealth, distinguishing between investing and speculating, diversifying investments, and investing in index funds. It also highlights the potential of AI in the financial world, mentioning VERSES AI (OTCQX:VRSSF), a cognitive computing company specializing in AI, as a potential investment opportunity.

Portfolio Pulse from Gav Blaxberg

September 27, 2023 | 3:23 pm