Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at [email protected]
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at [email protected]
Benzinga Strategy Development
pro.benzinga.com
WMT, CAT, WDC, SRAD, BTBT
- Walmart (WMT) -
- In the big-box retail space Wednesday morning, Target (TGT) shares were down 15% following mixed quarterly results and lowered guidance.
- An analyst at Telsey Advisory commented on the Target results and noted company management commentary that softer trends from the third quarter persisted into November "in contrast to Walmart which reported...fourth quarter was off to a good start."
- Caterpillar (CAT) -
- A play on a value stock and so-called cyclical smokestack company.
- Caterpillar shares have rallied more than 40% over the last month and were near a 52-week high Wednesday morning. Professional trader and co host of Benzinga's PreMarket Prep trading show, Dennis Dick, shared his belief the flight to value stocks has been "overdone."
- Western Digital (WDC) -
- A play on the computer storage space. On Wednesday, peer in the storage space, Micron (MU),cut its expected storage wafer starts by 20% versus last year.
- Sportradar (SRAD) -
- A play on sports-betting technology.
- Shares were up 17% in pre-market action Wednesday following better-than-expected quarterly results and raised guidance.
- Bit Digital (BTBT) -
- A play on bitcoin mining.
- The company's Chief Strategy Officer, Sam Tabar, will interview on Benzinga's Live Trading YouTube show Thursday at 11:05 a.m. EST.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at [email protected] or [email protected]
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy