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ASR

Grupo Aeroportuario's stock is trading higher following an upgrade from Underperform to Buy by B of A Securities.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 4:02 pm

CDNS

Cadence Design Systems (NASDAQ:CDNS) is analyzed in comparison to its competitors in the Software industry. The analysis includes financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Cadence's P/E ratio is slightly lower than the industry average, suggesting potential undervaluation. However, its P/B and P/S ratios are higher, indicating a possible overvaluation in terms of book value and sales. The company's ROE, EBITDA, and gross profit are below the industry average, while its revenue growth outperforms the average. Cadence also has a lower debt-to-equity ratio compared to its top 4 peers, indicating a stronger financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

GDOT

Green Dot (NYSE:GDOT) has received mixed analyst ratings in the last quarter, with 2 bullish, 2 indifferent, and 1 somewhat bearish. The average 12-month price target from 5 analysts is $12.8, which is a 36.0% decrease from the previous target of $20.00. Ratings suggest analysts are divided on the stock's future performance.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

BKR

Baker Hughes (NASDAQ:BKR) is analyzed against competitors in the Energy Equipment & Services industry. Key financial metrics show BKR has a lower P/E and P/B ratio, suggesting undervaluation, but a higher P/S ratio, indicating potential overvaluation in sales. BKR's ROE is below the industry average, but it has strong EBITDA, gross profit, and revenue growth. BKR's lower debt-to-equity ratio compared to top peers suggests a stronger financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

ARM

ARM Holdings (NASDAQ:ARM) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. ARM's financial metrics such as P/E, P/B, P/S ratios are significantly higher than the industry average, indicating a premium stock price. However, its ROE is negative and EBITDA is lower, suggesting potential inefficiencies. ARM's revenue growth outperforms the industry average, showing strong demand for its products. The company's low debt-to-equity ratio indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

CTKB

Cytek Biosciences (NASDAQ:CTKB) received 4 analyst ratings in the last quarter, with 2 somewhat bullish and 2 indifferent, and no bearish ratings. The average 12-month price target is $8.5, with a high of $10.00 and a low of $7.00, marking a 29.17% decrease from the previous target of $12.00.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

RCAT

Red Cat Holdings (NASDAQ:RCAT) is scheduled to release its quarterly earnings report on Friday, 2023-12-15, with analysts expecting an EPS of $-0.07. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Red Cat Holdings has experienced share price declines following earnings misses. The stock is currently trading at $0.5652, down 44.12% over the last 52 weeks. The upcoming earnings report could be a significant event for shareholders, especially considering the past negative stock performance.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

ALGN

Align Technology Inc (NASDAQ:ALGN) stock is rising after Health Canada updated the medical device license for its Invisalign Palatal Expander System. The system, which is 3D printed and based on proprietary technology, now has broader patient applicability in Canada. The product is part of a growing segment in orthodontics and offers solutions for common malocclusions in children. While still awaiting FDA clearance in the U.S., it is expected to be available in other markets by 2024. Align's stock increased by 12.7% to $260.79 following the news.

Portfolio Pulse from Adam Eckert

December 14, 2023 | 3:56 pm

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TSLA

The article lists 25 key individuals to follow in 2024 for insights into cryptocurrency developments, including policy changes, innovation, and institutional adaptation. Notable figures include Nayib Bukele, Michael Saylor of MicroStrategy, Gary Gensler of the SEC, Brian Armstrong of Coinbase, and Larry Fink of BlackRock. The article highlights their contributions and influence in the crypto space, with a focus on the upcoming Bitcoin Halving and potential spot ETF approval.

Portfolio Pulse from Stjepan Kalinic

December 14, 2023 | 3:56 pm

ILMN

Mason Carrico, an analyst at Stephens, initiated coverage of Illumina, Inc. (NASDAQ:ILMN) with an Overweight rating and a $170 price target. Despite facing headwinds from EU antitrust regulators over its acquisition of Grail, Illumina is expected to see accelerated growth due to its strong position in the Next Generation Sequencing (NGS) market, particularly in clinical oncology. Carrico believes that Illumina will benefit from the market's growth and anticipates improved revenue and cash flow by 2025. Illumina's shares rose by 6.03% to $134.31 following the coverage initiation.

Portfolio Pulse from Priya Nigam

December 14, 2023 | 3:55 pm