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HGV

Hilton Grand Vacations (HGV) reported Q3 earnings of $0.98 per share, beating the analyst consensus estimate of $0.96 by 2.08%. However, this is a 30% decrease from the same period last year. The company's quarterly sales of $1.02 billion missed the analyst consensus estimate of $1.06 billion by 3.96%, marking an 8.78% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:31 pm

AVNT

BAC

CLX

DKNG

FTNT

Several Wall Street analysts have updated their outlooks on various stocks. Bank of America (BAC) and DraftKings (DKNG) had their price targets increased by Keefe, Bruyette & Woods and Needham respectively. The Clorox Company (CLX) also saw a price target increase from UBS. Fortinet (FTNT), Avient Corporation (AVNT), Nutrien Ltd. (NTR), SolarEdge Technologies (SEDG), Restaurant Brands International (QSR), Pioneer Natural Resources Company (PXD), and Arcutis Biotherapeutics (ARQT) all had their price targets cut by various analysts.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 12:31 pm

AULT

FATH

SAVE

SXI

TWIN

The article lists five industrial stocks that are considered oversold and may present buying opportunities in Q4. These include Fathom Digital Manufacturing Corporation (FATH), Spirit Airlines (SAVE), Ault Alliance (AULT), Standex International Corporation (SXI), and Twin Disc (TWIN). The companies have been selected based on their Relative Strength Index (RSI) values, which are all near or below 30, indicating they may be undervalued.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 12:27 pm

BMWYY

TSLA

BMW (OTC:BMWYY) has claimed that its latest battery designs surpass those of Tesla Inc. (NASDAQ:TSLA). BMW's forthcoming cylindrical battery cell samples are projected to deliver 20% more energy and up to a 30% increase in range, slash costs by 50%, and reduce production-related carbon emissions by 60%. Despite Tesla surpassing BMW as the top luxury car in the U.S. for 2022, BMW’s latest battery technology and production plans demonstrate the company’s commitment to close the gap with Tesla and strengthen its position in the EV market.

Portfolio Pulse from Benzinga Neuro

November 06, 2023 | 12:26 pm

BITF

HIVE

The ongoing crypto bull market, fueled by Bitcoin's 110% surge year-to-date, has led to a rise in penny crypto stocks. Bit Farms (NASDAQ:BITF) and Hive Blockchain (CVE: HIVE) are two such stocks. BITF has seen a 33.87% increase in its price this year, while HIVE's price has climbed by 22.79%. An initial $1000 investment in BITF and HIVE starting Jan 1, 2023, would have appreciated to $1338.67 and $1227.94 respectively. A linear regression analysis suggests a strong correlation between the two stocks.

Portfolio Pulse from Mehab Qureshi

November 06, 2023 | 12:18 pm

LMT

TGI

Triumph Group has secured a contract from Sikorsky, a Lockheed Martin company, to provide the main rotor blade fold actuation and dampening systems for lots 7 and 8 of the CH-53K King Stallion Rotorcraft. The work will be performed at Triumph's facility in Seattle, Washington. The terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:07 pm

TGLS

Tecnoglass has revised its FY2023 sales guidance from $830M - $855M to $835M - $848M. The company expects 2023 revenues to grow organically by approximately 17% at the midpoint. The CFO, Santiago Giraldo, stated that the company is performing well in a challenging market with strong Adjusted EBITDA margins and substantial cash flow. The company's backlog of multi-family/commercial projects has accelerated and its single-family residential expansion strategy continues to gain traction.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:05 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares rose in premarket trading on reports that the company plans to manufacture 25,000-euro EVs in its Giga Berlin plant. The stock may also be benefiting from broader market strength. Tesla investors could be anticipating additional price hikes, favorable M-3 Highland reviews, and the upcoming Nov. 30 Cybertruck delivery event.

Portfolio Pulse from Shanthi Rexaline

November 06, 2023 | 12:04 pm

SIX

Over the past 3 months, 13 analysts have published their opinion on Six Flags Entertainment (NYSE:SIX) stock. The average price target is $26.62, representing a 9.24% decrease from the previous average price target of $29.33. The ratings are a mix of bullish, somewhat bullish, indifferent, and somewhat bearish.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 12:00 pm

QSR

Analysts have provided various ratings for Restaurant Brands Intl (NYSE:QSR) in the last quarter, with a majority leaning towards bullish. The company has an average price target of $82.1, an increase of 0.22% from the previous average price target of $81.92.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 12:00 pm