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EXPI

FPI

RTL

SKT

UBA

The article lists the top 5 overbought real estate stocks, including eXp World Holdings (EXPI), Tanger Factory Outlet Centers (SKT), Urstadt Biddle Properties (UBA), Farmland Partners (FPI), and The Necessity Retail REIT (RTL). These stocks have high RSI values, indicating they may be overvalued and could experience a short-term decline.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 11:53 am

CCL

CUK

Carnival shares are trading higher following an upgrade by JP Morgan analysts.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 11:53 am

EXAS

HD

LPTV

SMTC

YEXT

Five stock picks from Wall Street's most accurate analysts include Home Depot, Exact Sciences, Loop Media, Semtech, and Yext. These analysts have accuracy rates ranging from 84% to 87% and see potential upsides in the stocks they cover.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 11:52 am

GLCNF

STLA

VWAGY

Glencore, Stellantis, and Volkswagen's PowerCo are expected to support a $1 billion mining deal in Brazil by SPAC ACG Acquisition company. The deal involves acquiring two mines, Atlantic Nickel and Mineraçao Vale Verde, which will be renamed ACG Electric Metals after the transaction. The mines will supply critical minerals to car manufacturers, strengthening the EV supply chain in Western countries.

Portfolio Pulse from Shivani Kumaresan

June 12, 2023 | 11:48 am

VIRC

Virco Mfg (NASDAQ:VIRC) reported Q1 earnings, beating estimates by 47.06% with an EPS of $-0.09 compared to an estimate of $-0.17. Revenue increased by $2.86 million YoY. Last quarter, the company beat EPS estimates by $0.25, followed by a 3.81% drop in share price.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 11:35 am

CSTL

Castle Biosciences has presented new data demonstrating the ability of its DecisionDx-SCC test to identify cutaneous squamous cell carcinoma tumors at a biologically high risk of metastasis.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 11:10 am

GME

GWRS

SPFI

Insiders have recently purchased shares in GameStop Corp. (GME), Global Water Resources, Inc. (GWRS), and South Plains Financial, Inc. (SPFI). These purchases signal confidence in the companies' prospects and may present an opportunity for investors.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 11:09 am

ILMN

Illumina shares are trading higher after CEO Francis deSouza resigned amid pressure from activist investor Carl Icahn.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 11:06 am

NIO

NIO Inc reported Q1 FY23 sales growth of 7.7% YoY, missing consensus estimates. The company expects a decline in Q2 revenue and announced price cuts on all new models. Analysts from B of A Securities, JP Morgan, and Citigroup have lowered their price targets on NIO.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 11:06 am

NDAQ

Nasdaq announced the acquisition of Adenza for $10.5 billion in cash and stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 11:02 am