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T

AT&T Inc. (NYSE:T) is anticipated to report Q4 earnings of 56 cents per share on revenue of $31.48 billion. The stock faced pressure after an EPA inquiry into lead-sheathed cables. AT&T's dividend yield is 6.77%, with a quarterly dividend of 27.75 cents per share. To earn $500 monthly in dividends, an investor would need 5,405 shares, valued at $88,642. For $100 monthly, 1,081 shares or $17,728 is required. Dividend yields fluctuate with stock price and dividend changes. AT&T shares dropped 0.1% to $16.40 recently.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:32 pm

KD

Kyndryl Holdings (NYSE:KD) has seen a 22.62% decrease in short interest since the last report, with 3.98 million shares sold short, representing 1.95% of available shares. The average time to cover these short positions is 2.56 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Kyndryl has a lower short interest compared to its peer group average of 2.05%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 1:30 pm

NGM

NGM Biopharmaceuticals (NYSE:NGM) has seen a 34.39% decrease in short interest since its last report, with 1.64 million shares sold short, representing 7.42% of its float. The average time to cover these short positions is 5.25 days. Short interest is a market sentiment indicator, and NGM's decrease suggests a more bullish sentiment compared to the last report. NGM has a higher short interest than its peer group average of 5.38%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 1:30 pm

HPE

Hewlett Packard's (NYSE:HPE) short interest has decreased by 3.78% since the last report, with 28.37 million shares sold short, representing 2.8% of available shares. The average time to cover these short positions is 4.02 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, HPE has a lower short interest percentage of float, with the peer group average at 6.99%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 1:30 pm

NVO

Novo Holdings, the main owner of Novo Nordisk A/S (NYSE:NVO), plans to use dividends from NVO's successful weightloss drugs Ozempic and Wegovy for strategic investments, particularly in Asia. Despite challenges such as interest rates and geopolitics, Novo Holdings is set for an active dealmaking role, with its annual payout expected to nearly double. NVO's share price saw a slight decrease in premarket trading.

Portfolio Pulse from Vandana Singh

January 19, 2024 | 1:30 pm

HST

RHP

UDR

Wall Street's most accurate analysts recommend buying three real estate stocks with high dividend yields: Ryman Hospitality Properties, Inc. (RHP), Host Hotels & Resorts, Inc. (HST), and UDR, Inc. (UDR). These stocks are considered attractive during market uncertainty due to their strong dividend payouts. RHP has a dividend yield of 3.91% and received a price target increase from Truist Securities and Wells Fargo. HST, with a 3.31% yield, was upgraded by B of A Securities and initiated with a Buy rating by HSBC. UDR offers a 4.51% yield but had its price target cut by Keybanc and JP Morgan after reporting disappointing Q3 revenue and a lowered FY23 AFFO guidance.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:29 pm

IKNA

Wedbush analyst David Nierengarten has reiterated an Outperform rating on Ikena Oncology (NASDAQ:IKNA) and maintained a price target of $8. The reaffirmation of the positive outlook and price target suggests confidence in the company's prospects.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 1:29 pm

FSK

LAZ

SCM

Three financial stocks, FS KKR Capital Corp. (FSK), Lazard, Inc. (LAZ), and Stellus Capital Investment Corporation (SCM), are considered overbought based on their RSI values, which are above the threshold of 70. FSK's RSI is at 73.57 after a recent public offering and a price increase. LAZ's RSI is at 78.45 following an announcement of preliminary assets under management and a stock gain. SCM's RSI is at 71.32 after a downgrade by an analyst and a modest price increase.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:29 pm

GM

Cadillac, a luxury brand of General Motors Co (NYSE:GM), has started production of the Celestiq EV, priced at $340,000. The Celestiq is an ultra-luxury sedan with bespoke designs for each unit, making it one of the most expensive EVs globally. It competes with high-end EVs like the Rolls Royce Spectre, Lucid Air Sapphire, and others. Cadillac's EV lineup also includes the Lyriq and the upcoming Escalade IQ.

Portfolio Pulse from Anan Ashraf

January 19, 2024 | 1:26 pm

AMD

META

NVDA

QQQ

TSM

Nvidia Corp (NVDA) and Advanced Micro Devices, Inc (AMD) stocks are trading higher, influenced by Taiwan Semiconductor Manufacturing Company Ltd's (TSM) positive quarterly results and 2024 revenue growth guidance. TSM's Q4 revenue slightly decreased but surpassed expectations, and its EPS beat estimates. The company's forecast for FY24 includes a capital expenditure budget of $28-$32 billion. Nvidia also benefited from Meta Platforms Inc's (META) announcement of a significant investment in Nvidia's AI chips, planning to purchase 350,000 H100 graphics cards by the end of 2024. Nvidia's stock outperformed the Invesco QQQ Trust, Series 1 (QQQ) last year.

Portfolio Pulse from Anusuya Lahiri

January 19, 2024 | 1:22 pm