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ALB

F

Albemarle Corporation has entered into an agreement with Ford to supply battery-grade lithium hydroxide, supporting Ford's electric vehicle (EV) production.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:43 pm

ARHS

CAL

JAKK

JILL

THO

The article highlights 5 value stocks in the consumer cyclical sector, which are considered undervalued based on their low P/E multiples. These stocks include Jakks Pacific, Arhaus, Thor Industries, Caleres, and J.Jill.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 2:43 pm

PLTR

Palantir shares are trading higher after Ark Invest purchased additional shares of the stock.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:42 pm

DELL

Dell CEO appeared on CNBC to discuss the company's performance and future plans.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:41 pm

ASYS

BELFB

CAN

MNDO

MVLA

Benzinga Insights has compiled a list of value stocks in the technology sector, including Canaan, Amtech Systems, Movella Holdings, Bel Fuse, and MIND C.T.I. These companies have low P/E multiples, indicating they may be undervalued. However, investing in value stocks carries the risk that their undervalued position may never materialize.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 2:40 pm

SHEL

Shell faces criticism at its annual shareholder meeting as activist investor group Follow This tables a resolution urging the company to match its climate goals with the Paris Agreement and commit to 100% reductions in carbon emissions by 2030. Shell advises shareholders to reject the proposal, stating it is unclear and generic.

Portfolio Pulse from Akanksha Bakshi

May 23, 2023 | 2:40 pm

ZM

Zoom shares are trading lower despite the company reporting better-than-expected Q1 results.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:33 pm

WSM

Williams-Sonoma reported a Q1 FY23 revenue decline of 7.2% YoY to $1.76 billion, missing the consensus of $1.80 billion. Adjusted EPS was $2.64, above the consensus of $2.37. The company reiterated its FY23 outlook, expecting annual net revenue growth of -3% to +3% with an operating margin of 14% - 15%. WSM shares gained 3.79% to $116.42.

Portfolio Pulse from Akanksha Bakshi

May 23, 2023 | 2:32 pm

MCD

Unusual options activity has been observed for McDonald's (NYSE:MCD) with a bearish stance. Benzinga's options scanner spotted 14 uncommon options trades, with 28% bullish and 71% bearish sentiment. Whales have been targeting a price range of $200 to $300 for McDonald's over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 2:31 pm

ABNB

A recent unusual options activity shows a bearish stance on Airbnb (NASDAQ:ABNB), with 73% of big-money traders being bearish and 26% bullish. Whales have been targeting a price range of $100 to $115 for Airbnb over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 2:31 pm