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BALL

NUE

OI

The article highlights three oversold stocks in the materials sector that may present buying opportunities in Q2: Ball Corp (NYSE:BALL), O-I Glass Inc (NYSE:OI), and Nucor Corp (NYSE:NUE). These stocks have RSI values near or below 30, indicating potential undervaluation.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 11:56 am

ANEW

ANEW Medical shares are trading higher after the company announced it has been granted a European patent for its Klotho gene sequence and gene delivery systems for treating neurodegenerative diseases.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:55 am

AAPL

NVDA

QCOM

TSM

Analysts predict Taiwan's semiconductor industry, led by Taiwan Semiconductor Manufacturing Co (TSMC), will maintain its global lead for the next 8-10 years. TSMC, a key supplier to Nvidia and Apple, faces geopolitical pressures but is expected to continue dominating the market. TSMC stock has gained over 72% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 11:50 am

ANNX

Annexon shares are trading higher after the company announced positive results from the Phase 3 trial of its C1q-targeted immunotherapy, ANX005, in Guillain-Barré Syndrome at the 2024 Peripheral Nerve Society Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:47 am

TSHA

Taysha Gene Therapies shares are trading lower following the announcement of a $75 million underwritten public offering of common stock and pre-funded warrants.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:45 am

CYBN

Cybin reported a net loss of C$21 million for Q4, compared to a net loss of C$14 million year-over-year. The company had C$209 million in cash as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:45 am

DAKT

Daktronics shares are trading higher following a Q4 revenue beat.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:43 am

VSTO

Vista Outdoor shares are trading higher after MNC Capital Partners announced it has increased its all-cash offer to acquire the company to $42 per share.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:43 am

ACN

Accenture shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered the price target from $382 to $300.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:42 am

LUV

Southwest Airlines (NYSE:LUV) shares are falling after the company lowered its outlook for second-quarter unit revenues, now expecting a 4% to 4.5% decline. Despite this, the company anticipates a record for operating revenue in Q2 2024. The airline is also facing pressure from Elliott Investment Management to reconsider its 'bags fly free' policy.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2024 | 11:42 am