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Stock Prices

TOL

Toll Brothers Inc (TOL) shares are trading higher after the company reported better-than-expected Q3 results. The company reported revenue of $2.69 billion, beating the consensus estimate of $2.41 billion, and earnings of $3.73 per share, beating estimates of $2.81 per share. Home sales revenues were up 19% YoY, and the company ended the quarter with a backlog of $7.9 billion, up 30% YoY. The company expects to deliver between 2,650 and 2,750 units in Q4, up from 2,524 in Q3. Credit Suisse and Wedbush maintained their ratings and raised their price targets.

Portfolio Pulse from Adam Eckert

August 23, 2023 | 1:59 pm

ORCL

Investor Business Daily SwingTrader has reportedly purchased Oracle (ORCL) stock.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:59 pm

CGEN

Truist Securities has issued a call stating that they believe Compugen's dual TIGIT/PVRIG approach outperforms Roche's. They also suggest that Roche's data is a legitimate signal, implying that Compugen's approach may be superior.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:57 pm

KSS

Kohl's Corp reported a Q2 FY23 revenue decline of 4.8% YoY to $3.90 billion, beating the analyst consensus of $3.69 billion. Comparable sales decreased 5%. Gross margin contracted by 61 basis points to 39%. Operating income was $163 million, down from $266 million last year. EPS of $0.52 beat the consensus estimate of $0.22. Inventory decreased 14% YoY to $3.5 billion. Kohl's reaffirmed FY23 sales decline of 2% - 4% and expects FY23 EPS of $2.10 - $2.70.

Portfolio Pulse from Shivani Kumaresan

August 23, 2023 | 1:55 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, META, and NVDA. The analysis is based on a proprietary formula that considers price, volume, and options flow. The memo suggests potential price levels for each asset and recommends traders to monitor these stocks closely and adjust their tactics based on market conditions. The focus of the day is the PMI data release and NVIDIA's post-market earnings announcement.

Portfolio Pulse from RIPS

August 23, 2023 | 1:54 pm

EGPT

EIS

UNG

Israel has increased its gas exports to Egypt, according to the country's Energy Minister. This move could potentially affect the performance of certain ETFs that are exposed to the Israeli and Egyptian markets, as well as the natural gas market.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:51 pm

VFS

Shares of VinFast Auto have resumed trading.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:50 pm

SMCI

Wedbush has upgraded Super Micro Computer's stock from Underperform to Neutral, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:50 pm

SPY

The S&P Global Composite PMI for August was reported at 50.4, lower than the estimated 52.0 and the prior figure of 52.0.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:49 pm

SPY

The S&P Global U.S. Services PMI for August was reported at 51.0, lower than the estimated 52.3 and the prior figure of 52.3.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:48 pm