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The article provides a list of notable value stocks in the technology sector based on low P/E multiples, indicating potential undervaluation. Companies mentioned include Sigmatron Intl, MIND C.T.I., ClearOne, Tower Semiconductor, and Arrow Electronics. It highlights their recent earnings per share and dividend yield changes, with a caution that value stocks may take time to rebound and there's a risk they may not.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 2:41 pm

DTSS

Datasea Inc. shares have resumed trading after a period of being halted. This could indicate a resolution to issues that led to the halt or the release of significant news.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:41 pm

DTSS

Shares of Datasea Inc. were halted due to a circuit breaker after experiencing a significant increase, with the stock price rising by 12.6%.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:37 pm

NVEE

NVVE

The correct ticker symbol for Nuvve Holding is 'NVVE', not 'NVEE' as may have been previously mentioned.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:34 pm

WOLF

Wolfspeed's stock is trading higher following the announcement of an expanded and extended long-term 150mm silicon carbide wafer supply agreement with Infineon.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:31 pm

Over the past 15 years, Blackstone (NYSE:BX) has delivered an average annual return of 23.54%, outperforming the market by 11.45% on an annualized basis. A $100 investment in BX stock 15 years ago would be worth $2,718.12 today. Blackstone's market capitalization currently stands at $91.11 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 2:31 pm

AVXL

Anavex Life Sciences (NASDAQ:AVXL) has delivered an average annual return of 29.4% over the past 5 years, outperforming the market by 16.49% on an annualized basis. A $1000 investment in AVXL 5 years ago would be worth $3,648.35 today. The company's current market capitalization stands at $545.05 million.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 2:31 pm

NIO

NIO Inc (NYSE:NIO) shares are trading higher due to reports of China considering a 2 trillion yuan stock market rescue package. The measures aim to stabilize the market, with funds mainly from offshore accounts of state-owned enterprises and local funds for onshore shares. This follows recent lows in China's CSI 300 Index and NIO's 52-week lows last week. NIO faces competition, with Tesla cutting prices in China, but shares were up 6.69% at $6.38 at the time of publication.

Portfolio Pulse from Adam Eckert

January 23, 2024 | 2:30 pm

BABA

BIDU

EWH

NIO

PDD

China is reportedly preparing a $278 billion stabilization fund to support its stock market, drawing from state-owned enterprises' offshore accounts and local funds. The fund will purchase shares onshore through the Hong Kong exchange link. This move comes as the CSI 300 Index hit a five-year low and foreign investors have been exiting the Chinese equity market. The Hang Seng index, tracked by the iShares MSCI Hong Kong Index Fund (EWH), surged by 2.6%, while onshore Chinese stocks saw a modest gain. Premarket trading in the US showed increases for Chinese stocks listed on US exchanges, including Alibaba (BABA), PDD Holdings (PDD), Baidu (BIDU), NIO (NIO), and Li Auto (LI).

Portfolio Pulse from Piero Cingari

January 23, 2024 | 2:29 pm

TSCO

Stephens & Co. analyst Daniel Imbro downgraded Tractor Supply (NASDAQ:TSCO) from Overweight to Equal-Weight and set a price target of $240.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:28 pm