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AMD

Advanced Micro Devices (NASDAQ:AMD) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. AMD's PE ratio is significantly higher than the industry average, suggesting overvaluation, while its PB ratio is lower, indicating potential undervaluation. The PS ratio is also high, hinting at overvaluation in terms of sales. AMD's ROE is below the industry average, suggesting inefficiency in profit generation. The company's EBITDA, gross profit, and revenue growth are lower than the industry average, indicating potential profitability and revenue growth challenges. AMD's debt-to-equity ratio is favorable compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 4:00 pm

AAPL

The analysis compares Apple (AAPL) with its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics like P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth. Apple shows potential for growth with a lower P/E than the industry average, trades at a premium based on P/B, and may be overvalued in terms of P/S. The company has a high ROE, indicating efficient profit generation, and robust EBITDA and gross profit figures. However, Apple's revenue growth is below the industry average. The debt-to-equity ratio places Apple in a moderate position among its peers.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 4:00 pm

VXRT

Vaxart Inc (NASDAQ:VXRT) stock rose 17.8% to $0.66 following news of a $9.27 million contract from the U.S. Department of Health and Human Services for clinical trial planning. The company also announced the resignation of CEO Andrei Floroiu, with Michael J. Finney stepping in as Interim CEO. Additionally, Vaxart entered into a stock purchase agreement with RA Capital Management for 15.38 million shares at $0.65 each, aiming to raise $10 million for general corporate purposes and to advance its oral vaccine platform. The offering is expected to close around January 18.

Portfolio Pulse from Henry Khederian

January 16, 2024 | 3:59 pm

WDC

Western Digital's stock (WDC) is trading higher following an upgrade from Deutsche Bank, which changed its rating from Hold to Buy and increased the price target from $45 to $65.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 3:55 pm

LEG

Leggett & Platt announced a Q4 2023 impairment charge of $450 million for long-lived assets, primarily intangibles, in the Bedding Products segment due to weak demand and changing market dynamics. This impairment is separate from their restructuring plan and is expected to reduce future sales and earnings. The company is not updating its Q4 or FY23 guidance but will release financial results and 2024 guidance on February 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 3:52 pm

PHUN

Phunware Inc (NASDAQ:PHUN) stock is trading higher, potentially due to traders' reactions to former President Donald Trump's win in the Iowa caucus. Trump's victory is significant as Phunware has ties to him, having developed the Trump-Pence 2020 Reelection Campaign's mobile application portfolio. Despite the stock's recent rise, Wall Street analysts have mixed views, with the most bearish expecting a 70% fall. Phunware's stock price has declined by 21.95% over the past three months, and its revenue fell by 41.32% over the past year.

Portfolio Pulse from Adam Eckert

January 16, 2024 | 3:45 pm

MA

Mastercard Inc. (NYSE:MA) stock price dropped by 0.26% to $427.99 in the current market session, but has increased by 0.77% over the past month and 16.22% over the past year. The company's P/E ratio of 37.41 is higher than the Financial Services industry average of 36.14, which may suggest that investors expect better future performance or that the stock is overvalued.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 3:45 pm

LBPH

Cantor Fitzgerald analyst Josh Schimmer has maintained an Overweight rating on Longboard Pharmaceuticals (LBPH) and increased the price target from $55 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 3:43 pm

AMZN

CRERF

NFLX

Netflix, Inc. (NASDAQ:NFLX) is testing a new subscription model in collaboration with French retailer Carrefour S.A. (OTC:CRERF), offering a discounted Netflix subscription with benefits at Carrefour stores in Bordeaux and Rouen. The strategy, similar to Amazon.com's (NASDAQ:AMZN) approach with Amazon Prime Video, aims to increase Netflix's customer base for its ad-supported plan. Netflix India has also reported a revenue increase of 24% and a net profit rise of 75% in FY23. NFLX shares dropped by 0.74% to $488.53 recently.

Portfolio Pulse from Nabaparna Bhattacharya

January 16, 2024 | 3:40 pm

AXDX

Accelerate Diagnostics Inc (NASDAQ:AXDX) stock reached a new 52-week low after announcing a proposed underwritten public offering of 4.5 million units, causing shares to drop by 23.2% to $2.84. Each unit includes a share of common stock and a warrant, with an option for underwriters to acquire additional shares and warrants. The offering's completion and terms depend on market conditions.

Portfolio Pulse from Henry Khederian

January 16, 2024 | 3:37 pm