5 Stocks To Watch For October 9, 2020

Some of the stocks that may grab investor focus today are:

  • NXP Semiconductors NV (NASDAQ:NXPI) reported strong preliminary results for the third quarter. The company reported preliminary sales of $2.267 billion, which is above the $2 billion guidance midpoint. NXP Semiconductors shares gained 5% to $141.51 in the after-hours trading session.
  • HCA Healthcare Inc (NYSE:HCA) issued strong revenue forecast for the third quarter. The company said it expects revenue to increase to $13.30 billion versus $12.69 billion in the year-ago period. Analysts project revenue of $12.67 billion for the quarter. The company also announced plans to return around $6 billion in CARES Act funding. HCA Healthcare shares climbed 7.7% to $142.00 in after-hours trading.

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  • GenMark Diagnostics, Inc (NASDAQ:GNMK) issued strong revenue forecast for the third quarter. The company expects revenue to surge 104% year-over-year to $42.6 million, versus analysts’ estimates of $38.09 million. The company’s ePlex Respiratory Pathogen Panel 2 also received Emergency Use Authorization from the FDA. GenMark Diagnostics shares climbed 12.6% to $16.10 in after-hours trading.
  • Advanced Micro Devices, Inc (NASDAQ:AMD) is in advanced talks to acquire Xilinx Inc (NASDAQ:XLNX) in a deal valued at over $30 billion, the Wall Street Journal reported. AMD shares rose 0.3% to $86.78 in after-hours trading, while Xilinx shares rose 1% to $107.00 in the after-hours trading session.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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