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SG

Sweetgreen has announced the appointment of Rossann Williams as its new Chief Operating Officer (COO).

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 9:08 pm

BETS

Bit Brother has received a delisting notice from Nasdaq, indicating potential compliance issues or failure to meet the exchange's listing requirements. This development could significantly impact Bit Brother's stock visibility and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 9:07 pm

AAPL

AMD

AMZN

GOOGL

META

TSLA

Tech giants experienced mixed earnings, with Alphabet, AMD, and Apple slightly missing expectations, while Meta and Amazon exceeded them. The Fed's Jerome Powell ruled out a March interest rate cut, and the U.S. saw a strong January jobs report. Meta announced its first dividend, Amazon reported significant Q4 revenue growth, and Apple faced challenges in China. Tesla recalled the Cybertruck due to a software issue.

Portfolio Pulse from Piero Cingari

February 02, 2024 | 9:07 pm

CNEY

CN Energy Group has regained compliance with Nasdaq's listing requirements. This development is crucial for the company's continued listing on the exchange and may positively influence investor confidence.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 9:06 pm

ONEW

Analysts have recently updated their ratings and price targets for OneWater Marine (NASDAQ:ONEW), showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $33.83, reflecting a positive outlook. The company's financial performance indicates a revenue growth of 13.45% for the last quarter, but challenges in profitability and asset utilization remain, with a net margin of -21.92% and an ROA of -5.71%.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

DGX

Analysts have mixed views on Quest Diagnostics (NYSE:DGX), with recent ratings ranging from bullish to bearish. Over the last quarter, 7 analysts provided ratings, showing a shift towards a more neutral stance in the last 30 days. The average 12-month price target for DGX has been raised to $146.57, indicating a 4.91% increase from the previous target of $139.71. Despite a -7.68% decline in revenue over the past 3 months, Quest Diagnostics maintains strong financial indicators such as a high net margin of 9.72% and an ROE of 3.52%. The company's debt-to-equity ratio is also below industry norms at 0.76.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has significantly outperformed the market in the last 5 years, with an annualized return of 32.0%, growing a $100 investment to $402.37. The company's market capitalization stands at $6.67 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

CVE

Cenovus Energy (NYSE:CVE) has delivered an average annual return of 15.35% over the past 5 years, outperforming the market by 2.72% on an annualized basis. A $100 investment in CVE 5 years ago would be worth $206.03 today. The company's market capitalization stands at $30.22 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

AVAXUSD

Avalanche (AVAX) experienced a 7% increase in its trading session on Friday, ahead of its largest token unlock scheduled for the last week of February. The unlock will release 9.5 million AVAX, worth approximately $322 million. This event marks the largest token unlock for Avalanche, with 57.7% of AVAX already in circulation. Over the past week, Avalanche's price has increased by 10.2%, and its NFT sector is seeing rapid growth with new projects. Former White House Communications Director Anthony Scaramucci mentioned Avalanche as part of his portfolio, describing it as a high-quality asset. Market analysts predict a bullish future for AVAX, with targets ranging from $230 to $285.

Portfolio Pulse from Khyathi Dalal

February 02, 2024 | 8:58 pm

KRE

NYCB

Veteran value investor Tim Melvin remains bullish on regional banks despite their worst performance since March 2023, citing 'ridiculously cheap valuations' as a buying opportunity. Melvin specifically addressed the sell-off of New York Community Bancorp (NYCB), which fell 42%, and the broader sector, as represented by the SPDR S&P Regional Banking ETF (KRE), which fell 7%. He highlighted the unique situation of NYCB due to its systemic bank status and stricter regulations. Melvin also discussed the divergent impact of commercial real estate exposure and predicted a loan reset that would benefit small-town real estate. He criticized the pessimism surrounding regional bank stocks and sees consolidation within the banking sector as a necessary evolution.

Portfolio Pulse from Piero Cingari

February 02, 2024 | 8:47 pm