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LCID

RIVN

TSLA

Lucid Group, Inc. (NASDAQ:LCID) and other electric vehicle (EV) stocks are rising following President Joe Biden's announcement of increased tariffs on Chinese EV imports. The tariffs aim to protect U.S. industries from unfair competition, with a significant increase on imported EVs from China, as well as tariffs on steel, aluminum, and solar cells. This move is seen as beneficial for U.S. EV companies like Lucid Group, Tesla, and Rivian, as well as U.S.-based EV battery manufacturers.

Portfolio Pulse from Dylan Berman

May 14, 2024 | 5:06 pm

DCTH

Delcath Systems shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 5:06 pm

BA

EADSY

ITA

PPA

Boeing Inc. reported a decrease in April commercial airplane deliveries to 24, down from 26 a year ago, amid efforts to enhance 737 MAX production quality. The company faced 33 cancellations, mainly due to Lynx Air's cessation. Despite this, Boeing recorded seven new orders in April, contributing to a total of 138 gross orders for the year. In contrast, Airbus SE saw a 13% increase in deliveries with 61 aircraft in April. Boeing's Q1 revenue declined by 8% year-over-year, but its adjusted loss per share improved, beating consensus estimates. Boeing stock has lost over 10% in the last 12 months but is trading higher by 1.7% at the last check.

Portfolio Pulse from Shivani Kumaresan

May 14, 2024 | 5:04 pm

UDR

Scotiabank analyst Nicholas Yulico has maintained a 'Sector Perform' rating on UDR, Inc. (NYSE:UDR) and increased the price target from $39 to $42.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 5:04 pm

UDR

Analyst evaluations of UDR (NYSE:UDR) over the past three months show a mix of bullish and bearish perspectives, with a recent shift towards a more neutral stance. The average 12-month price target for UDR has been raised to $39.29, indicating a slight optimism in its future stock performance. The analysis includes various actions taken by analysts from major firms, reflecting their reactions to UDR's market conditions and company performance.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:01 pm

FCX

PFE

QCOM

VRTX

The CNBC Halftime Report highlighted final trades from analysts, focusing on Pfizer, Freeport-McMoRan, Vertex Pharmaceuticals, and QUALCOMM. These companies were recommended based on current market trends and analysis.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 5:00 pm

WSM

Williams-Sonoma (NYSE:WSM) has received diverse analyst ratings over the last three months, with a shift towards a more cautious outlook in the last 30 days. The average 12-month price target has been raised to $278.32, indicating a 19.06% increase from the previous target. Analyst actions include both upgrades and downgrades, reflecting varying perspectives on the company's performance and market position. Williams-Sonoma's financial performance shows a decline in revenue growth but strong profitability metrics, including net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market in the last 5 years, with an annualized return of 34.37%, turning a $100 investment into $442.88. The company's market capitalization stands at $72.09 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

VKTX

Viking Therapeutics (NYSE:VKTX) has seen a 17.0% increase in short percent of float since its last report, with 11.15 million shares sold short, representing 13.63% of all shares available for trading. This indicates a bearish market sentiment towards VKTX, although an increase in short interest can sometimes be bullish. VKTX's short interest is significantly higher than its peer group average of 5.40%.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

PCAR

Over the past 20 years, PACCAR (NASDAQ:PCAR) has produced an average annual return of 10.15%, outperforming the market by 2.05% annually. A $100 investment in PCAR 20 years ago would be worth $702.23 today, showcasing the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm