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GOEV

Canoo (NYSE:GOEV) has seen a decrease in short interest, with the short percent of float dropping 10.94% since the last report. The company has 108.22 million shares sold short, representing 15.55% of available shares. The average time to cover these short positions is 2.72 days. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise. Canoo's short interest is higher than its peer group average of 12.26%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:45 pm

GNRC

Generac Hldgs (NYSE:GNRC) has seen a decrease in short interest, with the short percent of float dropping 9.97% since the last report. The company has 3.38 million shares sold short, representing 6.32% of available shares for trading. The current short interest is below the peer group average of 9.95%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:45 pm

BROS

Dutch Bros (NYSE:BROS) has seen a decrease in short interest, with the short percent of float dropping 9.59% since the last report. The company has 7.70 million shares sold short, representing 13.2% of available shares for trading. The average time to cover these short positions is 4.83 days. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price. Dutch Bros has a higher short interest than its peer group average of 8.23%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:45 pm

FVRR

Goldman Sachs analyst Eric Sheridan upgraded Fiverr International Ltd (NYSE:FVRR) from Neutral to Buy with a $43 price target, citing revenue re-acceleration in 2024, macro stabilization, spend per buyer growth, international progress, and adoption of Promoted Listing & Seller Plus. Sheridan also noted improvements in profitability, marketing efficiency, and AI-driven product innovation. He projected Q4 revenue and EPS above consensus at $94.8 million and $(0.06) respectively. FVRR shares rose 5.36% to $26.03.

Portfolio Pulse from Anusuya Lahiri

January 19, 2024 | 8:41 pm

QCOM

QUALCOMM Inc. shares are experiencing an uptick due to overall strength in the semiconductor sector. Canaccord Genuity has reaffirmed its Buy rating on QUALCOMM and increased the price target from $152 to $175.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 8:39 pm

ADBE

IBM

NET

SHOP

SNOW

Tech sector stocks are up due to positive consumer sentiment data and anticipation of future Federal Reserve rate cuts, indicating market optimism.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 8:38 pm

IVZ

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Invesco (NYSE:IVZ) and increased the price target from $15 to $17.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 8:36 pm

DAL

UAL

United Airlines Holdings Inc (NASDAQ:UAL) is set to report Q4 earnings on Jan. 22 with an expected EPS of $1.70 and revenues of $13.53 billion. Analysts are focusing on United's cash balance impacts from network expansion investments. The company's strategic resilience during the pandemic and aggressive growth plans for 2024 are notable. Analyst ratings are generally positive, with recent upgrades from Susquehanna and BofA Securities. UAL shares were down 2.4% at $38.78 ahead of the earnings report. Delta Air Lines Inc (NYSE:DAL) is also mentioned in relation to capacity expansion and its recent Q4 results.

Portfolio Pulse from Surbhi Jain

January 19, 2024 | 8:35 pm

RIOT

Over the past 5 years, Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market, with an average annual return of 45.68%. A $100 investment in RIOT 5 years ago would be worth $656.05 today. Riot Platforms currently has a market cap of $2.13 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:30 pm

LFMD

LifeMD (NASDAQ:LFMD) has significantly outperformed the market with an average annual return of 51.57% over the past 5 years. An investment of $100 in LFMD five years ago would be worth $800 today. LifeMD currently has a market cap of $234.83 million.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 8:30 pm