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MDB

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 29.06% on an annualized basis, producing an average annual return of 38.06%. If an investor had bought $100 of MDB stock 5 years ago, it would be worth $541.36 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:30 pm

CEG

Mizuho analyst Anthony Crowdell has reiterated a Neutral rating on Constellation Energy Corporation (NASDAQ:CEG), raising the price target to $116 from $106 due to strong fundamentals. The company is expected to return capital to shareholders, possibly through increased share repurchases or a special dividend. The company's stock is currently trading lower by 0.92% to $114.66.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 6:24 pm

DAL

Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Delta Air Lines Inc (DAL) with a price target of $77. Delta reported a Q3 FY23 adjusted operating revenue growth of 13% Y/Y to $14.55 billion, beating the consensus estimate. The strength in premium continued as revenues came in +17% y/y. Management expects trends to be consistent with 3Q and said that initial bookings for the peak holiday periods are strong. The analyst believes 4Q guidance is likely more than good enough at $1.05 - $1.30.

Portfolio Pulse from Shivani Kumaresan

October 13, 2023 | 6:19 pm

EOG

A significant bullish stance has been taken on EOG Resources (NYSE:EOG) by a large investor or institution, as evidenced by unusual options trading activity. The sentiment among these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $36.2 to $165.0 for EOG Resources over the last 3 months. Several financial institutions have maintained their positive ratings on EOG Resources, with price targets ranging from $132 to $165.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:17 pm

DXCM

A significant amount of unusual options activity has been detected for DexCom (NASDAQ:DXCM), with a majority of investors taking a bullish stance. The trades include 6 puts and 9 calls, with a total amount of over $2 million. The targeted price range for DexCom over the last 3 months is from $60.0 to $115.0. The current price of DXCM is up 0.28% at $75.7. Analysts from Raymond James, Stifel, and Morgan Stanley have maintained their ratings on DexCom, with price targets of $131, $145, and $98 respectively.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:17 pm

FANG

Unusual options activity has been observed for Diamondback Energy (NASDAQ:FANG), with a large bearish position being taken. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The price of FANG is up 2.96% at $167.16. Analysts from Morgan Stanley, UBS, Mizuho, and Raymond James maintain a Buy rating on FANG, while Benchmark downgraded its action to Buy.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:17 pm

ARM

Arm Holdings PLC - ADR (NASDAQ:ARM) shares are trading lower by 2.94% due to concerns about inflation, potential interest rate hikes, and possible U.S. restrictions on Chinese access to American AI chips. Higher interest rates can increase borrowing costs for companies, reducing their profitability, especially for capital-intensive industries like semiconductors.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 6:17 pm

ATVI

MSFT

UBSFF

Microsoft Corp. (NASDAQ:MSFT) has completed its $69 billion acquisition of Activision Blizzard Inc (NASDAQ:ATVI), a move that is expected to reshape the gaming industry. The deal includes popular franchises like Call of Duty, World of Warcraft, and Overwatch. Activision's CEO, Bobby Kotick, confirmed his exit after the deal. The UK's Competition and Markets Authority approved the deal after it was restructured to sell Activision's streaming rights to Ubisoft Entertainment SA (OTC:UBSFF). However, the Federal Trade Commission (FTC) case against the merger is still pending.

Portfolio Pulse from Franca Quarneti

October 13, 2023 | 6:16 pm

AMAT

Applied Materials, Inc. (NASDAQ:AMAT) shares are trading lower due to concerns about inflation, rate hikes, and potential restrictions on Chinese companies accessing American AI chips. These factors could lead to a broader sell-off in the stock market and disrupt the global semiconductor supply chain, negatively impacting Applied Materials' revenue and stock price.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 6:16 pm

AMAT

LRCX

Needham analyst Charles Shi has projected a growth in the Wafer Fab Equipments (WFE) sector, expecting it to reach $100 billion by 2025. Shi has upgraded Applied Materials, Inc. (AMAT) and Lam Research Corporation (LRCX) to 'Buy' from 'Hold', with price targets of $180 and $800 respectively. He believes AMAT's balanced exposure between memory and non-memory WFE will lead to growth in 2025, and LRCX will restore its market share to 15%+ by 2025.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 6:16 pm