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WYNN

Wynn Resorts (NYSE:WYNN) has seen a 20.16% increase in its short percent of float since the last report, with 4.98 million shares sold short, representing 4.47% of its available trading shares. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. Wynn Resorts has a lower short interest compared to its peer group average of 4.72%.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 5:00 pm

VNOM

Viper Energy (NYSE:VNOM) has seen a 69.5% increase in short interest since its last report, with 3.48 million shares sold short, representing 5.39% of its float. This indicates a bearish sentiment among investors, although it's below the peer group average of 11.09% short interest. The article suggests that while increased short interest signals bearish market sentiment, it can also be bullish under certain conditions.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 5:00 pm

MHO

Over the past 15 years, M/I Homes (NYSE:MHO) has produced an average annual return of 14.3%, outperforming the market by 2.25% on an annualized basis. A $100 investment in MHO 15 years ago would be worth $650.82 today, showcasing the impact of compounded returns over time. M/I Homes currently has a market capitalization of $3.23 billion.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 5:00 pm

RUN

Sunrun (NYSE:RUN) has seen a 6.34% increase in short interest, now at 25.34% of its float, indicating a bearish market sentiment. With 46.52 million shares sold short and a 2.62-day average to cover, Sunrun's short interest is significantly higher than its peer group average of 9.57%. This could suggest a potential for a short squeeze or increased volatility.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 5:00 pm

AXTA

TINT

Axalta Coating Systems Ltd. (NYSE:AXTA) shares surged after reporting better-than-expected Q1 results and raising its FY24 guidance. Revenue increased by 0.8% Y/Y to $1.3 billion, with notable growth in Refinish and Light Vehicle segments. Adjusted EBITDA rose to $259 million, and adjusted EPS improved by 37% Y/Y to $0.48, surpassing consensus estimates. The company also announced a $700 million share repurchase program and provided an optimistic outlook for Q2 and FY24, expecting record earnings for the second consecutive year.

Portfolio Pulse from Lekha Gupta

May 01, 2024 | 4:58 pm

NXPI

Argus Research analyst Jim Kelleher has maintained a Buy rating on NXP Semiconductors (NASDAQ:NXPI) and increased the price target from $260 to $300.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 4:48 pm

VIK

Viking Holdings shares began trading at $26, after the company's IPO was priced at $24 per share.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 4:47 pm

AMID

CDW

CSMD

CDW Corp reported disappointing fiscal first-quarter 2024 results with a 4.5% Y/Y decline in net sales to $4.87 billion, missing the consensus of $5.00 billion. Adjusted EPS was $1.92, below the consensus of $2.15. Sales declined across Total Corporate, Total Small Business, and Total Public segments, with a notable 10.4% Y/Y decrease in Education customer sales. Despite these challenges, CDW declared a quarterly cash dividend of 62 cents per share and remains optimistic about exceeding US IT market growth. CDW shares fell 10.2%, but the stock has gained 42% in the last 12 months. Exposure to CDW can also be gained through Argent Mid Cap ETF (AMID) and Professionally Managed Portfolios Congress SMid Growth ETF (CSMD).

Portfolio Pulse from Anusuya Lahiri

May 01, 2024 | 4:47 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has seen significant options trading activity, with a bearish sentiment prevailing among investors. Analysis of 8 trades revealed 62% bearish and 12% bullish expectations. The trades include 2 puts and 6 calls, with a focus on strike prices between $150.0 and $190.0. The company, a major wireless carrier in the U.S., is currently trading at $166.02, up 1.13%, with an RSI suggesting it may be approaching overbought territory. Analysts have set an average target price of $191.25, with ratings ranging from Buy to Outperform.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 4:46 pm

OXY

Occidental Petroleum (NYSE:OXY) has seen a significant amount of options trading activity, indicating a mixed sentiment among big-money investors, with 41% bullish and 52% bearish. The trading volume and open interest analysis suggest a price window of $60.0 to $80.0. Notable options activity includes both puts and calls with varying sentiments and strike prices. The company's current market position shows a slight decrease in stock price, with an earnings announcement expected soon. Analysts have mixed ratings on OXY, with target prices ranging from $70 to $90.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 4:46 pm