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Stock Prices

PFE

Pfizer Inc (NYSE:PFE) is nearing a bullish Golden Cross, indicating potential upward momentum for its stock. The stock is trading above key moving averages and has a strong MACD indicator, although the RSI suggests it is nearing overbought territory. Pfizer's oncology portfolio and products like Comirnaty and Paxlovid are expected to drive future growth, despite potential challenges.

Portfolio Pulse from Surbhi Jain

July 18, 2024 | 3:40 pm

FTXR

RDIV

Ford Motor Company (NYSE:F) is investing $3 billion to expand production of its F-Series Super Duty trucks, including $2.3 billion for the Oakville Assembly Complex in Ontario, Canada. This expansion aims to meet surging demand and support Ford's growth strategy. The investment will add capacity for 100,000 trucks and create approximately 2,020 jobs across North America. Ford shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:39 pm

COIN

MARA

MSTR

RIOT

WULF

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:35 pm

AMD

AMZN

GOOG

MSFT

NVDA

ORCL

TSM

Chip stocks, including Nvidia (NVDA) and AMD (AMD), saw a brief recovery in Thursday's premarket session after a significant selloff on Wednesday. The sector was impacted by the Biden administration's semiconductor policies against China and Donald Trump's remarks against TSM. However, TSM's strong quarterly results provided a boost. Nvidia is highlighted as a key AI beneficiary with significant market share and pricing power.

Portfolio Pulse from Anusuya Lahiri

July 18, 2024 | 3:33 pm

FDIS

TSLA

XLY

Tesla, Inc. (NASDAQ:TSLA) has signed a contract with Intersect Power to supply 15.3 GWh of Megapacks for solar and storage projects through 2030. This agreement positions Intersect Power as one of the largest Megapack operators globally. Tesla's stock is trading higher following the news, despite a recent 11% loss over the past 12 months. Investors can also gain exposure to Tesla through ETFs like XLY and FDIS.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:33 pm

COST

Recent options activity for Costco Wholesale (NASDAQ:COST) shows significant interest from big-money traders, with a mix of bullish and bearish sentiments. The options trades include 12 calls and 3 puts, indicating a focus on a price range between $600 and $1005. Analysts maintain a positive outlook with a consensus target price of $931.4.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:32 pm

UNH

Deep-pocketed investors have shown a bullish interest in UnitedHealth Group (NYSE:UNH) options, with significant options activity detected. The sentiment among these investors is mixed, with 47% bullish and 37% bearish. Analysts have issued various ratings, with a consensus target price of $618.6. The stock is currently trading at $566.41, down by 1.2%.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:32 pm

Whales have taken a bearish stance on Visa (NYSE:V) with 60% of recent options trades being bearish. The price range targeted by these trades is between $250.0 and $280.0. Visa's stock is currently trading at $271.95, down by 0.28%. Analysts have mixed ratings with a consensus target price of $309.0.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:32 pm

VIRT

Virtu Financial, Inc. (NASDAQ:VIRT) shares surged 18.6% after the company reported better-than-expected Q2 financial results. The company posted adjusted EPS of 83 cents, beating the expected 60 cents, and adjusted net trading income of $385.08 million, surpassing the $331.57 million consensus. Total revenues increased by 36.7% to $693.0 million. Virtu also declared a quarterly cash dividend of $0.24 per share.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 3:31 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market over the past 10 years, with an annualized return of 25.49%. A $1000 investment in ENPH 10 years ago would be worth $9,477.14 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:30 pm