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NSIT

Insight Enterprises (NASDAQ:NSIT) has significantly outperformed the market with an annualized return of 26.65% over the past 5 years, turning a $1000 investment into $3,286.36 today. The company's market capitalization stands at $5.94 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 5:00 pm

CPB

Campbell Soup (NYSE:CPB) has seen a 16.6% increase in short interest since its last report, with 17.18 million shares sold short, representing 8.99% of its float. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. Campbell Soup's short interest is significantly higher than its peer group average of 3.80%.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 5:00 pm

CIFR

Cipher Mining (NYSE:CIFR) has seen a decrease in short interest, now at 8.22% of its float, lower than the peer group average of 10.65%. This reduction from 14.06 million shares suggests a shift in market sentiment, potentially indicating a more bullish outlook among investors. The current short interest represents a 19.49% decrease and would take approximately 1.07 days to cover based on recent trading volumes.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 5:00 pm

HDV

MO

VTI

Altria Group Inc (NYSE:MO), the maker of Marlboro, has called on the FDA to intensify its efforts against illegal vape products, citing public health concerns. CEO Billy Gifford criticized the FDA's current enforcement as insufficient. Despite a 2.5% sales decline in Q1 FY24 to $5.58 billion, Altria beat analyst estimates and saw NJOY e-cigarette's retail share grow, following its acquisition of NJOY Holdings Inc for $2.75 billion in 2023. Altria's stock has fallen over 6% in the past year but showed a slight increase of 0.10% recently.

Portfolio Pulse from Shivani Kumaresan

April 26, 2024 | 4:47 pm

SNAP

Snap Inc (NYSE:SNAP) shares surged following its Q1 earnings report, surpassing expectations with a 21% revenue growth year-on-year. Analysts from Goldman Sachs, Raymond James, Morgan Stanley, JPMorgan, Oppenheimer, Roth MKM, Piper Sandler, BMO Capital Markets, Benchmark, and JMP Securities provided mixed views, adjusting their price targets but expressing concerns over future growth, engagement, and the company's valuation. Despite the positive earnings, analysts remain cautious about Snap's short-term prospects, citing its high valuation and potential challenges ahead.

Portfolio Pulse from Priya Nigam

April 26, 2024 | 4:46 pm

TMO

Deep-pocketed investors have shown a bearish sentiment towards Thermo Fisher Scientific (NYSE: TMO), with a notable surge in options activity. Benzinga's tracking revealed 8 extraordinary activities, with a divided sentiment among investors: 25% bullish and 50% bearish. The options activity targets a price range of $570.0 to $680.0 for TMO. The current market standing of TMO shows a slight increase of 0.18% in its price, reaching $572.76. Professional analysts have given TMO an average target price of $629.0, with ratings ranging from Buy to Equal-Weight.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 4:45 pm

MFI

MF International (MFI) shares have resumed trading, experiencing a significant drop of 75% in stock value.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:45 pm

TOST

Toast, Inc. (TOST) experienced a surge in trading volume following a mention by Josh Brown on CNBC during a segment called 'The Committee's Financial Playbook'.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:40 pm

NIO

Deep-pocketed investors show a bearish trend in NIO's options, with a notable division in sentiment: 40% bullish and 50% bearish. The options activity suggests a price target range of $2.0 to $25.0 for NIO. The company, a leading electric vehicle maker, sold over 160,000 EVs in 2023. Recent options trading patterns and professional analyst ratings from Barclays and Macquarie reflect a cautious outlook, with price targets adjusted to $4 and $5, respectively.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 4:31 pm

CMG

Options trading analysis for Chipotle Mexican Grill (CMG) shows a mix of bearish and bullish sentiment among traders, with a significant bearish inclination in recent trades. The trading activity suggests a price target range of $1690 to $4400. The largest fast-casual chain in the US, Chipotle has seen its stock price increase by 1.99%, currently at $3173.83. Analysts have varying views, with an average target price of $3049.2, ranging from Neutral to Buy ratings. The company's performance and options trading activity indicate a cautious but potentially rewarding investment opportunity.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 4:31 pm