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MOH

Molina Healthcare (NYSE:MOH) has significantly outperformed the market with an average annual return of 24.78% over the past 15 years, turning a $1000 investment into $26,903.71 today. The company's market capitalization stands at $20.71 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:30 pm

CPT

Camden Property Trust (CPT) reported a Q4 Core Adjusted Funds From Operations (AFFO) of $1.44, with sales amounting to $387.59M, surpassing the estimated $387.32M. This indicates a positive performance against market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 6:29 pm

META

SNAP

Meta Platforms (NASDAQ:META) reported Q4 earnings surpassing expectations with revenue and EPS ahead of estimates, announcing its first quarterly dividend. Analysts from Goldman Sachs, Guggenheim, Roth MKM, Wedbush, Truist Securities, and Oppenheimer raised their price targets, citing efficiency, advertising strength, and potential for long-term growth. The positive outlook for Meta also led to an upgrade for Snap Inc (NYSE:SNAP) by Guggenheim, highlighting Meta's advertising pricing power as a positive indicator for Snap.

Portfolio Pulse from Chris Katje

February 02, 2024 | 6:26 pm

MTG

MGIC Investment Corporation (NYSE:MTG) reported Q4 earnings surpassing expectations with adjusted earnings of 67 cents per share against estimates of 57 cents. However, sales of $283.96 million fell short of the expected $292.72 million. CEO Tim Mattke highlighted the company's successful year and its readiness for 2024. Following the report, RBC Capital and Roth MKM raised their price targets for MTG, despite a slight 0.4% drop in its shares to $19.90.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 6:25 pm

CING

DECK

INBS

META

SKX

Skechers U.S.A., Inc. (SKX) shares fell by approximately 7% after reporting mixed Q4 financial results, missing revenue estimates but beating EPS expectations. Other stocks showed significant movement, with notable gainers including Intelligent Bio Solutions Inc. (INBS), Meta Platforms, Inc. (META), and Deckers Outdoor Corporation (DECK), among others. Losers included Cingulate Inc. (CING), MedAvail Holdings, Inc. (MDVL), and Scienjoy Holding Corporation (SJ), with various reasons for their declines.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 6:18 pm

USO

XLE

The Biden administration has been strategically buying crude oil to replenish the Strategic Petroleum Reserve (SPR) as prices fell, capitalizing on lower prices to recover stocks depleted in 2022 after a release aimed at stabilizing the market post-Russia's invasion of Ukraine. The Department of Energy (DOE) reported purchasing 20.13 million barrels at an average price of $76.12, with plans to buy more. This move, alongside coordinated international releases, helped reduce gasoline prices significantly. However, the success of this strategy in the long term depends on various factors, including geopolitical developments and domestic policies.

Portfolio Pulse from Neil Dennis

February 02, 2024 | 6:09 pm

INTC

Intel shares are trading lower after a report indicated that the company is delaying the construction of its Ohio chip plant.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 6:09 pm

MAT

Activist investor Barington Capital has acquired a stake in Mattel (NASDAQ:MAT) and is pushing for significant organizational changes to boost the company's underperforming stock. Barington's proposals include exploring strategic alternatives for Fisher-Price and American Girl, addressing stock-based compensation, and initiating a $2 billion share buyback plan. The investor believes these actions could potentially double Mattel's share price in three years. Mattel is reviewing Barington's proposals and has been exploring ways to leverage its intellectual property, including film projects.

Portfolio Pulse from Vandana Singh

February 02, 2024 | 6:02 pm

SHEL

Financial analysts have observed a significant bullish trend in options trading for Shell (NYSE:SHEL), with 54% of trades being bullish. The analysis highlighted 11 unusual trades, with a focus on a price range between $60.0 and $72.5 for Shell's stock. The largest trades included both puts and calls, with varying sentiments. Shell, a major oil and gas company, saw its stock price decrease by -1.12%, with a current price of $63.36. The company's next earnings report is expected in 90 days.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:02 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market with an annualized return of 50.54% over the past 5 years, turning a $100 investment into $778.10. The company's market capitalization stands at $8.45 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:00 pm