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ALGN

Align Tech's (NYSE:ALGN) short percent of float has risen 8.6% since its last report, with 2.73 million shares sold short, which is 4.04% of all regular shares available for trading. It would take traders 4.08 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 5.29%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:46 pm

IR

Ingersoll Rand's (NYSE:IR) short percent of float has fallen 6.9% since its last report, with 4.97 million shares sold short, which is 1.62% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Ingersoll Rand has less short interest as a percentage of float, with an average of 3.58%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

MAR

Marriott Intl's (NYSE:MAR) short percent of float has fallen 17.67% since its last report, with 4.74 million shares sold short, which is 2.05% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Marriott has less short interest, with an average of 7.88% for its peer group.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

AN

CURV

DBGI

LEN

MHO

The article lists five value stocks in the consumer cyclical sector that may be undervalued. These include Torrid Holdings (NYSE:CURV), AutoNation (NYSE:AN), M/I Homes (NYSE:MHO), Lennar (NYSE:LEN), and Digital Brands Group (NASDAQ:DBGI). The companies' earnings per share for Q1 have been reported, with some experiencing increases and others decreases compared to Q4.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:43 pm

MICS

WMT

The Singing Machine Company Inc (NASDAQ:MICS) shares are trading higher after the company launched a new party accessory product line available at Walmart Inc (NASDAQ:WMT) stores across the U.S. The new product line is built around the company's Celebration Mic, which is now available in approximately 866 Walmart stores.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 2:43 pm

ARW

CSIQ

MKTW

MNDO

NOK

The article identifies five value stocks in the technology sector, namely Nokia (NOK), MIND C.T.I. (MNDO), Marketwise (MKTW), Canadian Solar (CSIQ), and Arrow Electronics (ARW). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. The article also provides Q1 earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:41 pm

INOD

Innodata Inc (NASDAQ:INOD) has closed a deal with a new customer, one of the five largest technology companies, for training the customer's AI large language models. The customer has budgeted up to $8 million for the remaining months of 2023. Innodata anticipates reaching an annualized run rate of $15 million or more with the customer by the end of 2023 and expects further expansion in 2024. Following the news, INOD shares rose by 16.8%.

Portfolio Pulse from Akanksha Bakshi

July 18, 2023 | 2:31 pm

DVN

A significant bearish stance has been taken on Devon Energy (NYSE:DVN) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 20% bullish and 79% bearish. The price target for Devon Energy over the last 3 months has been between $50.0 to $60.0. Morgan Stanley, Citigroup, and RBC Capital have maintained their ratings on Devon Energy with price targets of $50, $57, and $60 respectively.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:31 pm

PYPL

Unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 55% bullish and 44% bearish. The targeted price range for PayPal over the last 3 months is from $60.0 to $145.0. Piper Sandler and Truist Securities have maintained their Neutral and Buy ratings on PayPal, respectively, with a price target of $80.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:31 pm

ARGX

argenx (NASDAQ:ARGX) has outperformed the market over the past 5 years by 29.6% on an annualized basis, producing an average annual return of 39.62%. If an investor had bought $100 of ARGX stock 5 years ago, it would be worth $532.86 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:30 pm