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PLD

Prologis (NYSE:PLD) has outperformed the market over the past 10 years by 1.07% on an annualized basis, producing an average annual return of 10.48%. If an investor had bought $100 of PLD stock 10 years ago, it would be worth $267.71 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

FCX

A financial giant has made a bullish move on Freeport-McMoRan (NYSE:FCX), with 50% of traders showing bullish tendencies and 50% bearish. The significant investors are aiming for a price territory stretching from $33.0 to $50.0 for Freeport-McMoRan over the recent three months. JP Morgan has lowered its rating to Neutral with a new price target of $42, while BMO Capital maintains their Outperform rating with a price target of $45. Morgan Stanley continues to hold an Equal-Weight rating, targeting a price of $41.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

PSA

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years, producing an average annual return of 9.05%. If an investor had bought $100 of PSA stock 20 years ago, it would be worth $574.54 today. The company currently has a market capitalization of $44.53 billion.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

SLB

The short percent of float for Schlumberger Limited (NYSE:SLB) has risen 11.36% since its last report, with 21.01 million shares sold short, representing 1.47% of all regular shares available for trading. It would take traders 2.85 days on average to cover their short positions. The company's short interest is less than its peer group average of 5.71%.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

CMI

Cummins's (NYSE:CMI) short percent of float has fallen 10.27% since its last report, with 1.85 million shares sold short, which is 1.31% of all regular shares available for trading. It would take traders 3.03 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 4.81%.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

PFE

Pfizer's (NYSE:PFE) short percent of float has risen 7.78% since its last report, with 54.57 million shares sold short, which is 0.97% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. Pfizer's peer group average for short interest as a percentage of float is 3.18%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:30 pm

AXSM

Axsome Therapeutics Inc reported Q3 revenues of $57.8 million, up 244% Y/Y, beating the consensus of $54.75 million. Auvelity net product sales were $37.7 million, a 36% sequential increase. Sunosi net product revenue was $20.1 million for Q3, up 20%. The company reported a net loss of $(1.32) per share, missing the consensus of $(1.20). AXSM shares are down 3.23% at $63.04.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 8:22 pm

DXCM

A significant bullish stance has been taken on DexCom (NASDAQ:DXCM) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 53% bullish and 46% bearish. The whales have been targeting a price range from $75.0 to $125.0 for DexCom over the last 3 months. The price of DXCM is up 0.43% at $97.88. JP Morgan, Stifel, Leerink Partners, and Morgan Stanley have maintained their ratings on DexCom with price targets of $100, $145, $110, and $101 respectively.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:16 pm

BMBL

CARG

FVRR

LYFT

SQSP

UBER

UPWK

WIX

RBC Capital analyst Brad Erickson has identified Fiverr International Ltd (FVRR) and Bumble Inc (BMBL) as having the most favorable risk/reward ratios among nine companies reporting this week. He also mentioned Uber Technologies, Inc (UBER), Lyft, Inc (LYFT), Squarespace, Inc (SQSP), Upwork Inc (UPWK), Wix.Com Ltd (WIX), and CarGurus, Inc (CARG). The analyst also noted potential risks for WIX and FVRR due to the Middle East war, as they are Tel Aviv-based.

Portfolio Pulse from Anusuya Lahiri

November 06, 2023 | 8:04 pm

NKTR

Nektar Therapeutics is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.20. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares are currently trading at $0.55 and have seen a decrease of 86.02% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:02 pm