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LTRPA

MOMO

NXST

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XNET

Benzinga Insights has identified five value stocks in the communication services sector that may be worth watching: Nexstar Media Gr (NASDAQ:NXST), Xunlei (NASDAQ:XNET), Hello Gr (NASDAQ:MOMO), SK Telecom Co (NYSE:SKM), and Liberty TripAdvisor Hldgs (NASDAQ:LTRPA). These companies have low P/E multiples, indicating they may be undervalued. However, the risk of investing in a value stock is that it may never rebound from its undervalued position.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:46 pm

FCX

Freeport-McMoRan's (NYSE:FCX) short percent of float has fallen 10.45% since its last report, with 17.16 million shares sold short, which is 1.2% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Freeport-McMoRan has less short interest.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

EPD

Enterprise Prods Partners's (NYSE:EPD) short percent of float has fallen 3.45% since its last report, indicating a more bullish sentiment towards the stock. The company has 12.28 million shares sold short, which is 0.84% of all regular shares available for trading. Compared to its peers, Enterprise Prods Partners has less short interest.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

Estee Lauder Cos's (NYSE:EL) short percent of float has risen 16.33% since its last report, with 2.64 million shares sold short. This indicates that traders are expecting the stock price to fall. However, compared to its peers, Estee Lauder has less short interest as a percentage of float, which is 6.25% on average.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

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DVAX

KNSA

LFLY

ZYME

Benzinga Insights has identified five value stocks in the healthcare sector that may be worth watching: Leafly Holdings, Zymeworks, Kiniksa Pharmaceuticals, Dynavax Technologies, and Aptevo Therapeutics. These stocks have been selected based on their low P/E multiples, indicating that they may be undervalued. The earnings per share for these companies have shown varied performance in the recent quarter.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:44 pm

STGW

Wells Fargo has downgraded Stagwell's stock from Overweight to Equal-Weight and reduced its price target from $9 to $8. This has led to a decrease in Stagwell's share price.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 2:41 pm

BABA

Alibaba has announced that it will not participate in affiliate Ant Group's share buyback program. The buyback plan values Ant Group at a nearly 70% discount from its proposed IPO price in 2020. Alibaba has decided not to sell any shares to maintain its shareholding in Ant Group.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 2:41 pm

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REFI

SEVN

SOHO

TCI

Benzinga Insights has identified several value stocks in the real estate sector, including Sotherly Hotels (SOHO), Transcontinental Realty (TCI), AFC Gamma (AFCG), Seven Hills Realty Trust (SEVN), and Chicago Atlantic Real (REFI). These companies have low P/E multiples, indicating they may be undervalued. However, the risk with value stocks is that they may not rebound from their undervalued position.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:39 pm

TWLO

RBC Capital has downgraded Twilio's stock from Sector Perform to Underperform and reduced its price target from $55 to $50. This has resulted in Twilio shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 2:36 pm

FAZE

FaZe Holdings Inc (NASDAQ:FAZE) is reportedly evaluating acquisition offers from Gamesquare and Enthusiast Gaming. The potential deals may include an equity swap and a possible cash infusion. FaZe Holdings, which went public via SPAC a year ago, has seen its stock steadily trend lower after an initial surge. The company has until September 19 to regain compliance and avoid delisting from Nasdaq.

Portfolio Pulse from Adam Eckert

July 24, 2023 | 2:35 pm