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AAPL

The article provides a comprehensive comparison of Apple (NASDAQ:AAPL) with its competitors in the Technology Hardware, Storage & Peripherals industry. It suggests that Apple is undervalued based on its low Price to Earnings ratio, but could be overvalued in relation to its book value and sales performance. Apple's high Return on Equity, EBITDA, and gross profit indicate efficient use of resources and strong profitability. However, the company is witnessing a decline in revenue growth.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:00 pm

RCKT

Rocket Pharmaceuticals (NASDAQ:RCKT) has received mostly bullish ratings from analysts in the last quarter, with 7 out of 8 ratings being bullish and 1 somewhat bullish. The average price target for the stock is $54.38, significantly higher than its current price of $20.24, implying a potential upside. The average price target has increased by 0.7% over the past month.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:00 pm

TKC

Trading of shares in Turkcell Iletisim Hizmetleri AS has resumed.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 3:59 pm

TASK

TaskUs Inc (NASDAQ:TASK) shares surged after Q3 2023 earnings exceeded expectations. Sales declined 2.8% YoY to $225.63 million, beating the analyst consensus of $220.78 million. Operating expenses fell 4.1% to $202.7 million, and operating income increased 10.6% to $22.9 million. Adjusted EBITDA declined 4.6% YoY to $52.9 million. The company held $114.6 million in cash and equivalents, and repurchased 4.5 million shares in Q3. The surge was attributed to new client signings and higher-than-expected volumes from existing clients.

Portfolio Pulse from Shivani Kumaresan

November 07, 2023 | 3:58 pm

DDOG

PLNT

TMDX

TRIP

Several US stocks recorded gains on Tuesday, with notable increases for TransMedics Group, Olaplex Holdings, Datadog, Augmedix, Rover Group, Matterport, MacroGenics, Verve Therapeutics, GDEV, Triumph Group, Alteryx, Thoughtworks Holding, TaskUs, Myriad Genetics, Planet Fitness, EverQuote, Oscar Health, Hims & Hers Health, Surgery Partners, Vimeo, MongoDB, PRA Group, BioMarin Pharmaceutical, Snowflake, DigitalOcean Holdings, DocGo, Appian Corporation, Teradata Corporation, and Tripadvisor. These gains were largely driven by better-than-expected Q3 results and strong FY23 revenue guidance.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 3:54 pm

KKR

KKR & Co Inc reported Q3 FY23 asset management segment revenues of $1.46 billion, beating the consensus of $1.418 billion. The company's after-tax adjusted distributable EPS was $0.88, down 7% Y/Y, but beat the consensus of $0.82. Assets under management rose 6% Y/Y to $528 billion. KKR declared a dividend per share of $0.165. KKR shares are trading higher by 5.81% at $62.83.

Portfolio Pulse from Lekha Gupta

November 07, 2023 | 3:46 pm

ABNB

A significant investor has taken a bearish stance on Airbnb (NASDAQ:ABNB), with 54% of investors opening trades with bearish expectations. The big players have been eyeing a price window from $115.0 to $144.0 for Airbnb during the past quarter. Analyst ratings for Airbnb vary, with Morgan Stanley maintaining an Underweight rating with a price target of $105, JP Morgan maintaining a Neutral rating with a price target of $118, Needham keeping a Buy rating with a target price of $150, Piper Sandler maintaining a Neutral rating with a target price of $123, and Wedbush keeping a Neutral rating with a target price of $135.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:45 pm

AVGO

A significant investor has taken a bullish stance on Broadcom (NASDAQ:AVGO), with 56% of investors opening trades with bullish expectations and 43% with bearish. The investors are aiming for a price territory stretching from $470.0 to $1000.0 for Broadcom over the recent three months. The current price of AVGO is $880.55, down -0.03%. Next earnings are expected to be released in 30 days.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:45 pm

SPY

Federal Reserve Governor Waller stated that people expecting prices to return to earlier levels will be disappointed as it is not going to happen. This could imply a continuation of inflationary pressures.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 3:42 pm

CDIO

Shares of Cardio Diagnostics Holdings have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 3:42 pm