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FSR

Fisker Inc. (NYSE:FSR) shares surged over 20% after the company reported a 300% increase in deliveries from Q3 to Q4, with total deliveries around 4,700, primarily of the Fisker Ocean One launch edition. Other stocks also showed significant movement in Friday's mid-day session, with notable gainers and losers across various sectors.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 6:03 pm

ENPH

PLD

The Federal Reserve's aggressive monetary policy has reduced inflation and avoided a recession, with rate cuts expected in 2024. Despite global economic slowdown, Enphase Energy Inc. (ENPH) and Prologis Inc. (PLD) are anticipated to perform well. ENPH faced a revenue decline and EPS drop in Q3 but is expanding globally. Analysts predict a 10.9% CAGR in ENPH's EPS over five years. PLD saw a year-to-date increase of 17% and is expected to show stable growth with improved revenue and EPS estimates for Q1 2024.

Portfolio Pulse from Aditi Ganguly

December 29, 2023 | 6:00 pm

AMZN

AXP

KMI

RACE

CNBC's 'Final Trades' segment featured stock recommendations for American Express (AXP), Amazon (AMZN), Ferrari (RACE), and Kinder Morgan (KMI).

Portfolio Pulse from Bill Haddad

December 29, 2023 | 6:00 pm

MYMD

MyMD Pharmaceuticals announced that in a recently completed phase 2 clinical trial, their drug MYMD-1 met both of its primary endpoints. This positive outcome could potentially lead to further development and commercialization of the drug.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 5:50 pm

MYMD

MyMD Pharmaceuticals has announced positive results for its sarcopenia treatment drug, which could have significant implications for the treatment of age-related muscle degeneration. The company's focus on this drug could lead to increased investor interest in its potential market impact.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 5:49 pm

DHI

ITB

LEN

Mortgage rates have fallen significantly, with the average 30-year rate dropping to 6.61% from a peak of 7.79%. Freddie Mac's chief economist notes a stabilizing trend and a positive economic outlook. Homebuilders and the iShares U.S. Home Construction ETF (ITB) have seen strong stock gains, with ITB up 68% in 2023. DR Horton (DHI) and Lennar (LEN) reported surges in net sales orders and share price increases, benefiting from limited supply and strong demand. Economists predict further easing of price pressures in 2024.

Portfolio Pulse from Neil Dennis

December 29, 2023 | 5:48 pm

JNJ

Significant bearish options activity has been detected in Johnson & Johnson (NYSE:JNJ), with a sentiment split of 12% bullish and 87% bearish among big-money traders. Unusual options trades were spotted, with 2 puts and 6 calls totaling $401,093. Projected price targets range from $100 to $155. The company is preparing to divest its consumer group under the name Kenvue in 2023. JNJ's current stock price is $156.04, with neutral RSI indicators and an earnings announcement expected in 25 days. Analyst ratings vary, with an average target price of $175.5.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:46 pm

SNGX

Shares of Soligenix have risen as traders share a Sciencedirect.com article discussing a thermostable bivalent filovirus vaccine that offers protection against Sudan ebolavirus and marburgvirus. The vaccine's stability at higher temperatures could be significant for storage and distribution in regions lacking cold chain infrastructure.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 5:41 pm

ACIC

AFGE

EHTH

FGF

GOCO

HUIZ

KMPB

LMND

MRAI

NODK

RELI

SLQT

In Friday's intraday session, insurance stocks saw movement with Reliance Global Group, Huize Holding, Marpai, Kemper Corporation, American Financial Group, and NI Holdings experiencing gains, while GoHealth, Lemonade, SelectQuote, FG Finl Gr, American Coastal, and eHealth faced declines. The gains and losses are based on percentage changes in stock prices and are accompanied by trading volumes which are compared to their average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:40 pm

AMD

CAN

CIFR

CLSK

INTC

MARA

MSFT

MSTR

NVDA

RIOT

Whale activity in the Information Technology sector has been detected, indicating large transactions in options for several companies. The activity includes both bullish and bearish sentiments for different stocks, with varying expiration dates and strike prices. Notable transactions were observed for CAN, MARA, MSFT, CIFR, NVDA, RIOT, AMD, INTC, MSTR, and CLSK. The details of the transactions, such as the type of option (CALL or PUT), sentiment, expiration date, strike price, total trade price, open interest, and volume, provide insights into potential market movements.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:35 pm