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BA

Boeing (NYSE:BA) shares are trading lower on Wednesday ahead of its earnings release next week. Analysts estimate a loss of $1.76 per share and revenue of $17.26 billion for the 2024 fiscal year second quarter. Recent events include a plea deal with the DOJ, FAA grounding of 737 MAX jets, and new orders from Qatar Airlines and Macquaire AirFrance.

Portfolio Pulse from Dylan Berman

July 24, 2024 | 5:10 pm

FI

Fiserv, Inc. (NYSE: FI) reported strong Q2 earnings, with revenue and adjusted EPS beating analyst expectations. The company raised its annual outlook, citing significant growth in Merchant and Financial Solutions. The stock price has gained over 21% in the last 12 months and is currently trading above its 200-day moving average.

Portfolio Pulse from Anusuya Lahiri

July 24, 2024 | 5:04 pm

FRTY

OCFS

VRT

Vertiv Holdings Co (NYSE:VRT) reported strong Q2 FY24 results with a 13% increase in net sales and a 52% surge in adjusted operating profit. Despite beating consensus estimates for both revenue and EPS, the stock is trading lower. The company raised its FY24 guidance for revenue and EPS. Investors can gain exposure to Vertiv through Alger Mid Cap 40 ETF (NYSE:FRTY) and Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:OCFS).

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 5:03 pm

LMT

Deep-pocketed investors have shown a bearish sentiment towards Lockheed Martin (NYSE:LMT) with significant options activity. The majority of the options trades are bearish, suggesting potential downward pressure on the stock. Analysts have mixed ratings with an average target price of $533.6.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:02 pm

WFC

Recent options trading trends for Wells Fargo (NYSE:WFC) show a slight bearish sentiment with 52% of trades being puts. Analysts have mixed ratings, with target prices ranging from $59 to $70. The stock is currently trading at $59.66, down by -0.01%.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:02 pm

LMT

TEL

XLU

The CNBC Halftime Report's final trades include Lockheed Martin, TE Connectivity, SPDR Select Sector Fund - Utilities, and 2-Year Treasury. These recommendations highlight a mix of defense, technology, utilities, and fixed income assets.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:00 pm

BURL

Burlington Stores (NYSE:BURL) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.46%. A $1000 investment in BURL 10 years ago would be worth $7,629.60 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:00 pm

CNC

Centene (NYSE:CNC) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.03%. A $1000 investment in CNC 20 years ago would be worth $13,449.23 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:00 pm

BHC

Bausch Health Companies Inc. (NYSE:BHC) has responded to a news article by Reorg® that contained unsubstantiated rumors about the company considering bankruptcy or insolvency proceedings. Bausch Health clarified that it is not involved in any such discussions.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:54 pm

BSX

Boston Scientific Corporation (NYSE:BSX) reported strong Q2 earnings, with revenues of $4.12 billion and an adjusted EPS of $0.62, both beating consensus estimates. The company raised its 2024 guidance, forecasting net sales growth of 13.5%-14.5% and adjusted EPS of $2.38-$2.42. Despite the positive results, BSX stock was trading lower by 1.95%.

Portfolio Pulse from Vandana Singh

July 24, 2024 | 4:53 pm