Bridger Aerospace Gr Stock (NASDAQ: BAERW)

Latest News for Bridger Aerospace Gr Stock (NASDAQ:BAERW)

Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation. The company's portfolio is organized across two offerings: Fire Suppression, which Consists of deploying specialized Viking CL-415EAF ("Super Scooper") aircraft to drop large amounts of water quickly and directly on wildfires, and Aerial Surveillance, providing aerial surveillance via manned aircraft for fire suppression aircraft.

Bridger Aerospace Group Holdings, Inc. - Warrant

Bridger Aerospace Group Holdings Inc

Loop Capital analyst Mark Schappel maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Buy and raises the price target from $485 to $530.

News

Price Target

Analyst Ratings

Loop Capital Maintains Buy on Tyler Technologies, Raises Price Target to $530

Trane Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>) has outperformed the market over the past 5 years by 15.87% on an annualized basis producing an average annual return of 29.47%. Currently, Trane Technologies has a market capitalization of $74.58 billion. 
Buying $100 In TT: If an investor had bought $100 of TT stock 5 years ago, it would be worth $358.91 today based on a price of $329.50 for TT at the time of writing.
<h3>Trane Technologies's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716312639_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 5 Years Ago Would Be Worth $400 Today

FirstCash Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCFS#NASDAQ">FCFS</a>) has outperformed the market over the past 20 years by 5.02% on an annualized basis producing an average annual return of 13.06%. Currently, FirstCash Hldgs has a market capitalization of $5.49 billion. 
Buying $100 In FCFS: If an investor had bought $100 of FCFS stock 20 years ago, it would be worth $1,145.52 today based on a price of $120.73 for FCFS at the time of writing.
<h3>FirstCash Hldgs's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716312633_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FCFS

$100 Invested In This Stock 20 Years Ago Would Be Worth $1,100 Today

WR Berkley's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) short percent of float has risen 11.9% since its last report. The company recently reported that it has 4.74 million shares sold short, which is 2.35% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>WR Berkley Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716312622_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for WR Berkley has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing WR Berkley's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, WR Berkley's peer group average for short interest as a percentage of float is 1.90%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About WR Berkley?

Williams-Sonoma's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) short percent of float has risen 10.29% since its last report. The company recently reported that it has 6.81 million shares sold short, which is 15.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.88 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Williams-Sonoma Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716312617_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Williams-Sonoma has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Williams-Sonoma's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Williams-Sonoma's peer group average for short interest as a percentage of float is 13.01%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Williams-Sonoma's Recent Short Interest

Dogecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) 9% rally prompted renewed speculation about <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37455120/dogecoin-jumps-15-as-trader-speculates-on-etf-odds-technical-chart-shows-bullish-signals">a Dogecoin ETF</a> and new bullish price targets.
What Happened: Andrew Kang, a crypto venture capitalist teased a DOGE ETF following the increasing chances of a spot Ethereum ETF being approved.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">With significant political pressure for regulation of crypto to be officially bestowed upon the CFTC, the odds for a DOGE ETF look brighter than ever <a href="https://t.co/nyYnO0LQ6o">https://t.co/nyYnO0LQ6o</a>
&mdash; Andrew Kang (@Rewkang) <a href="https://twitter.com/Rewkang/status/1792912189910581424?ref_src=twsrc%5Etfw">May 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In early March, Kang put the odds of an eventual DOGE ETF at higher than 30%.
Crypto trader Kevin <a href="https://x.com/Kev_Capital_TA/status/1792900472572871066">tweeted</a> that Dogecoin has triggered a daily time frame super trend buy signal. He noted that the last two instances of this signal resulted in significant price increases of 71% and 162%. He further speculated that if the trend continues, Dogecoin's third pump could reach $0.35.
Another crypto trader, TheFlowHorse, in his latest <a href="https://x.com/TheFlowHorse/status/1792656822970847606">tweet</a> noted, "With an ETH ETF about to possibly send alts to the stratosphere, the legendary dog is sitting in a really nice area for long."
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38909768/the-dogecoin-explosion-made-something-click-in-me-veteran-trader-shares-secrets-to-turning">&#8216;The Dogecoin Explosion Made Something Click In Me:&#8217; Veteran Trader Shares Secrets To Turning Pennies Into Millions With Meme Coins</a>
Why It Matters: IntoTheBlock data notes a 31.3% surge in large transaction volumes to $1.53 billion while daily active addresses expanded by 5.4% to 57,930. Also, transactions greater than $100,000 increased from 241 transactions as of May 19 to 396 transactions as of May 20 
At the time of writing, DOGE is trading at $0.1679, up 9% on the day. 86% of Dogecoin holders are in profit, with total exchange inflows outpacing total exchange outflows.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19. 
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38919018/meme-coins-still-have-plenty-of-upside-left-trader-predicts-trump-boden-to-dominate-electi">Meme Coins &#8216;Still Have Plenty Of Upside Left&#8217;: Trader Predicts TRUMP, BODEN To Dominate Election Season, Looks To Size Up On Dogecoin</a>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DOGE

Dogecoin Pumps 9%: 'The Odds For A DOGE ETF Look Brighter Than Ever,' Crypto VC Proclaims

Onto Innovation's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) short percent of float has risen 14.25% since its last report. The company recently reported that it has 1.75 million shares sold short, which is 4.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.54 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Onto Innovation Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716312612_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Onto Innovation has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Onto Innovation's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Onto Innovation's peer group average for short interest as a percentage of float is 6.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ONTO

Looking Into Onto Innovation's Recent Short Interest

Nearly one-third of all single-family homes listed for sale in the U.S. during the first quarter of 2024 were newly built, indicating a market still deeply shaped by the pandemic&#8217;s aftereffects. The persistence of new constructions, making up 33.4% of the market — barely changed from last year but down slightly from the 34.5% peak two years ago — marks a continued trend where many homeowners cling to low mortgage rates rather than enter a market recalibrating from historic highs. This dynamic has kept the supply of existing homes low, bolstering the presence of newly built properties that now constitute one-third of available housing, according to data issued by Redfin on Monday. 
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<li>Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. <a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital">Investing in its booming real estate market has never been more accessible</a>.  </li>
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 The stability of new construction in the housing market contrasts with the fluctuating supply of existing homes, Redfin said. As mortgage rates soared, reaching two-decade highs last year, the reluctance among current homeowners to sell became more pronounced due to the "lock-in" effect. That hesitation is largely due to the advantageous low mortgage rates locked in during the earlier stages of the pandemic, making the cost of moving to a new home under <a href="https://www.benzinga.com/real-estate/24/05/38918888/can-you-guess-what-percentage-of-a-high-net-worth-individuals-portfolio-is-invested-in-real-estate">current conditions less appealing</a>. "Buyers are having a hard time finding single-family homes in their budget because not many homeowners are letting go of their houses, and those who are listing tend to price high because they haven't come to terms with the fact that prices have come down from their 2022 peak," Nicole Dege, a Redfin Premier agent in Orlando, said in the report. Builders, recognizing the market shift, have adjusted their strategies accordingly, Dege said. "Builders have a better understanding of the current market, so they're pricing fairly, offering mortgage-rate buydowns and providing other concessions to attract buyers."
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<li>Become a real estate investor today — <a href="https://www.benzinga.com/money/casa-shares">How to start small by mirroring BlackRock's big move</a>.</li>
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 While the rush of housing stats seen at the pandemic&#8217;s outset has moderated, construction levels remain elevated compared to pre-pandemic figures, according to <a href="https://www.census.gov/construction/nrc/current/index.html">census data</a>, ensuring a steady influx of new homes into the market. 
In March, the inventory of new constructions was higher than that of existing homes, with 8.3 months of new construction supply available, compared to just 3.2 months for existing homes. 
The slight decrease from the record-high percentage of newly built homes in the market two years ago reflects a gradual return of homeowners listing their properties as they adjust to the post-pandemic economic environment. However, the market remains far from normalized, Redfin noted, with new constructions still representing a larger share of the housing market than before the pandemic.
For now, buyers have a fair portion of <a href="https://www.benzinga.com/real-estate/24/05/38898374/housing-affordability-to-improve-in-these-metros-with-lower-mortgage-rates">new homes to consider</a>, which may offer more competitive pricing and incentives not typically available in the resale market. "We have a fair amount of new-construction homes for sale, and thank goodness we do," Dege said. Read Next:
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<li>Want to Create a Passive Income Stream? <a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail">These High-Yield Real Estate Notes Might Be Your Holy Grail</a> </li>
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Real Estate

Nearly One In Three Homes Listed in the U.S. Are New Builds

WIIM

BNED

Barnes & Noble Education shares are trading higher. The stock may be volatile after Greenhaven last week said it continues to explore a possible transaction with the company.

Incyte (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) today announced the expansion of its presence in Delaware with the acquisition of two buildings at 1100 North King Street and 1100 North French Street in downtown Wilmington. This acquisition marks Incyte's fourth expansion in Delaware since establishing operations in Alapocas in 2014. The new buildings will allow the Company's U.S.-based teams to be located together as they continue to deliver on their commitment to finding innovative solutions for patients with critical unmet medical needs.

INCY

Incyte Acquires 2 Downtown Wilmington Office Buildings, Expanding Its Presence In Delaware; Financial Terms Not Disclosed

JP Morgan analyst Anupam Rama maintains Syndax Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDX#NASDAQ">SNDX</a>) with a Overweight and maintains $34 price target.

SNDX

JP Morgan Maintains Overweight on Syndax Pharmaceuticals, Maintains $34 Price Target

Union Pacific shares are trading lower. The company presented at Wolfe's 17th Annual Global Transportation & Industrials Conference today.

Morgan Stanley analyst Hamza Fodderwala reiterates Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Overweight and maintains $360 price target.

Reiteration

PANW

Morgan Stanley Reiterates Overweight on Palo Alto Networks, Maintains $360 Price Target

TotalEnergies SE&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>), along with its Block 20/11 partners, Petronas and Sonangol, disclosed the Final Investment Decision (FID) of the Kaminho deepwater project in&nbsp;<a target="_blank" href="https://totalenergies.com/news/press-releases/angola-totalenergies-launches-kaminho-deepwater-project" rel="noreferrer noopener">Angola</a>.
The company plans to develop the Cameia and Golfinho fields, located 100km off the coast of Angola, by 1,700m water-depth.&nbsp;
This FID was made possible by&nbsp;a close collaboration&nbsp;with the concessionaire Agencia Nacional de Petroleo e Gas (ANPG).
The Kaminho project, the first large deepwater development in the Kwanza basin,&nbsp;comprises converting a Very Large Crude Carrier&nbsp;(VLCC) to a Floating Production Storage and Offloading (FPSO) unit that will be connected to a subsea production network.&nbsp;
The FPSO is all-electric, and&nbsp;associated&nbsp;gas will&nbsp;be fully reinjected&nbsp;into the reservoirs. The company expects to start production in 2028, with a plateau of 70,000 barrels of oil daily.
Also, TotalEnergies and&nbsp;Sonangol EP&nbsp;signed a Memorandum of Understanding (MoU) to share expertise&nbsp;on Research &amp; Technology, notably in decarbonizing the Oil&nbsp;&amp; Gas&nbsp;industry, to focus on reducing methane emissions and renewable energies.&nbsp;
Patrick Pouyanné, Chairman and CEO of&nbsp;TotalEnergies,&nbsp;said,&nbsp;&#8220;Building on our pioneering spirit and our long-term partnership with Angola, we are pleased to launch the Kaminho project along with our strategic partners, Sonangol and Petronas, and the strong support and confidence of the Angolan authorities.&#8221;&nbsp;
&#8220;This project, which leverages innovation to fit&nbsp;with&nbsp;our investment criteria &#8211; breakeven under 30 $/b and carbon intensity of 16 kg CO2e/boe &#8211; will become our seventh FPSO in the country and the first-ever development in the Kwanza basin.&#8221;&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38842092/totalenergies-strategy-ceo-reportedly-affirms-france-listing-while-eyeing-us-markets" rel="noreferrer noopener">TotalEnergies&#8217;&nbsp;Strategy: CEO Reportedly Affirms France Listing While Eyeing US Markets</a>
Earlier this month, TotalEnergies and&nbsp;China Petroleum and Chemical Corporation&nbsp;(SINOPEC) partnered to develop&nbsp;230,000&nbsp;tons/year sustainable&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38667412/east-meets-green-totalenergies-and-sinopec-team-up-for-low-carbon-future" rel="noreferrer noopener">aviation fuel unit in China refinery</a>.
Investors can gain exposure to the stock via&nbsp;First Trust&nbsp;Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIPX#NYSE">EIPX</a>)
&nbsp;and&nbsp;Keating Active&nbsp;ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEAT#NASDAQ">KEAT</a>).
Price Action: TTE shares are down 0.87% at $71.81 at&nbsp;the last check Tuesday.

Equities

Large Cap

First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF

EIPX

KEAT

Oil Giant Dives Deep in Angola: TotalEnergies Greenlights Kaminho FPSO Unit

Needham analyst James Ricchiuti reiterates Advanced Energy Indus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEIS#NASDAQ">AEIS</a>) with a Hold.

AEIS

Needham Reiterates Hold on Advanced Energy Indus

Warren Buffet once said, &quot;You pay a very high price in the stock market for a cheery consensus.&quot; Yet, the higher the price one pays for a stock, the lower the return one can expect. Successful investing is about buying stocks cheap and then have others agree with you. True to form, investors have always looked to buy shares at a low price and sell them high, which is the very definition of making money in the stock market.
Over the past year and a half, the markets have been rebounding from the vagaries of 2022, primarily based on tech recovery built on AI optimism. For first-time investors or ones who want an entry point into the market without putting a lot at stake, the time feels right. Inflation, which was stubbornly high in 2024, also eased in April, thereby uplifting the mood in the stock markets.
Inflation in April rose less than expected, signaling a downward trend. Per the Bureau of Labor Statistics, the Consumer Price Index increased 0.3% over March. Annually, CPI rose 3.4%, following a 3.5% rise in March. This marks the first month of slowing annual data since January 2024, after peaking at 9.1% in June 2022.
Core CPI, which does not take into account food and energy costs and is usually considered a better indicator of underlying inflation, also gained 0.3% in April. Core CPI increased 3.6%, the lowest year-over-year gain since April 2021, down from 3.8% in March.
Also, market participants are currently pricing in at least two rate cuts in 2024, with the first one in September. Crucially, retail sales were flat in April, suggesting cooling domestic demand, which aligns with the Fed&#39;s goal of weakening demand to control price pressures. This means investors are going to have spare change at their disposal, and they might be looking for cheap stocks to invest in. Also, with the market rebounding and sustaining that momentum for the time being, buying cheap stocks with good prospects might lead to a fast price rise if the choices are judicious.
<h3>Our Choices</h3>
We have, thus, selected four stocks below the $20 dollar price-point for this purpose. These stocks below flaunt a Zacks Rank #1 (Strong Buy) or #2 (Buy). The search was also narrowed down with a VGM Score of A or B. Here V stands for Value, G for Growth and M for Momentum; the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners.
Gold Fields Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gfi#NYSE">GFI</a>) is a gold producer with reserves and resources spread across globally.
Gold Fields&#39; expected earnings growth rate for the current year is 50.5%. The Zacks Consensus Estimate for its current-year earnings has improved 21.7% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of B. It is currently priced at a lucrative $16.80.
Canada Goose Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/goos#NYSE">GOOS</a>) is a manufacturer of performance luxury apparel for men, women, youth, children and babies worldwide.
Canada Goose&#39;s expected earnings growth rate for the current year is 13.7%. The Zacks Consensus Estimate for its current-year earnings has improved 6.4% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of A. It is currently priced at a lucrative $13.12.
Paymentus Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pay#NYSE">PAY</a>) is a cloud-based payment technology and solutions company.
Paymentus&#39; expected earnings growth rate for the current year is 18.8%. The Zacks Consensus Estimate for its current-year earnings has improved 8.6% over the past 60 days. The company has a Zacks Rank #2 and a VGM Score of B. It is currently priced at a lucrative $18.61.
Hamilton Insurance Group, Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hg#NYSE">HG</a>) is an underwriting specialty insurance and reinsurance company.
Hamilton Insurance&#39;s expected earnings growth rate for the current year is 40.6%. The Zacks Consensus Estimate for its current-year earnings has improved 29.4% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of A. It is currently priced at a lucrative $16.46.
<h3>Bottom Line</h3>
We often see stocks that do not promise much today but get a bump in share price tomorrow. Alternately, some promising stocks do not win over the stock market in the long run. Therefore, the decision of zeroing in on which cheap stock to opt for becomes a significant one. We believe that the stocks mentioned above have strong growth prospects and will allow investors to generate handsome returns in a short space of time.
<a href="https://www.zacks.com/stock/news/2276511/4-under-20-stocks-to-bet-on-as-inflation-subsides?cid=CS-BENZ-FT-analyst_blog|investment_ideas-2276511">To read this article on Zacks.com click here.</a>

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4 Under $20 Stocks to Bet on as Inflation Subsides

Macy&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/m#NYSE">M</a>) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this department store operator would post earnings of $2.02 per share when it actually produced earnings of $2.45, delivering a surprise of 21.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Macy&#39;s, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $4.85 billion for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $4.98 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
Macy&#39;s shares have lost about 5.1% since the beginning of the year versus the S&amp;P 500&#39;s gain of 11.3%.
What&#39;s Next for Macy&#39;s?
While Macy&#39;s has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Macy&#39;s: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.23 on $5.04 billion in revenues for the coming quarter and $2.54 on $22.77 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Regional Department Stores is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Kohl&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kss#NYSE">KSS</a>), has yet to report results for the quarter ended April 2024. The results are expected to be released on May 30.
This department store operator is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of -61.5%. The consensus EPS estimate for the quarter has been revised 18.7% lower over the last 30 days to the current level.
Kohl&#39;s&#39; revenues are expected to be $3.55 billion, down 0.5% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2276427/macy-s-m-surpasses-q1-earnings-and-revenue-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2276427">To read this article on Zacks.com click here.</a>

Earnings Beats

Macy's Surpasses Q1 Earnings and Revenue Estimates

- J.P. Morgan Global Technology, Media and Communications Conference

TMUS

T-Mobile CEO Mike Sievert Says He Expects Internet Aid Program To Go Away; End Of Aid Program May Create Mobile Demand

By Brad Sorensen, CFA
<a href="https://s27.q4cdn.com/906368049/files/News/2024/Zacks_SCR_Research_05162024_BBLG_Sorensen.pdf">READ THE FULL BBLG RESEARCH REPORT</a>
There are approximately 350,000 spinal fusion surgeries done in the US every year with varying degrees of success in alleviating often debilitating back pain. The existing dominant technology, known as rhBMP, has been quite successful in advancing the spinal fusion procedure but there are also challenges that can come along with using that technology. Patients can experience such impacts as rapid, uncontrolled bone growth that causes an unsound structure and unwanted bone formation where bone will grow where it is not intended. Back pain impacts 65 million Americans, with 16 million of those having what would be considered chronic back pain, leading to an estimated $12 billion per year in health care and indirect cost according to the Georgetown Policy Institute. While spinal fusion surgery isn&#39;t the appropriate treatment for every kind of back pain, it can help to relieve the pain associated with a variety of conditions.
The NELL-1 technology is the centerpiece of what Bone Biologics (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bblg#NASDAQ">BBLG</a>) is developing. It was developed by UCLA TDG and Bone holds the exclusive worldwide rights to that technology. NELL-1 has been reviewed positively in over 45 peer reviewed publications demonstrating technological viability. NELL-1 has shown spine fusion effectiveness across three animal species&mdash;rodent, sheep and nonhuman primate and has competed two clinically relevant sheep studies that demonstrated NELL-1 increases the fusion rate and quantity of bone compared to the control group.
Bone Biologics recently announced that it has received approval to begin pilot clinical trials with NB1 in spinal fusion patients. The approval was given by the Human Research Ethics Committee and the trials will take place in Australia. This is an important and exciting step for Bone as the study will evaluate the safety and effectiveness of the company&#39;s bone graft product&mdash;NB1. The study will include 30 adults who undergo transforaminal lumbar interbody fusion to treat degenerative disc disease. Importantly, this study design has been reviewed by the FDA&#39;s Division of Orthopedic Devices and is intended to support progression to a clinical study in the US.
That brings us to the recent announcement of 1Q2024 financial results, which show a clinical stage company that is pursuing a potential game-changing treatment and getting it to patients as soon as possible.
Among the financial highlights:
&bull; The company has a cash balance of just over $3 million. BBLG will need further funding as that approval process goes along, but the current cash balance will enable the company to continue operations through 3Q2024 according to company filings.
&bull; Loss per share of $1.31 for 4Q2023, in line with estimates and expected with a clinical stage company.
&bull; The company currently has no long-term debt, which provides the company with balance sheet flexibility and potential options for future funding needs.
&bull; During the quarter, the company issued 119,000 shares of stock along with warrants to purchase another 119,000 shares and prefunded warrants to purchase 662,551 shares together with warrants to purchase 662,251 shares. Finally, the company also issued warrants to purchase up to 46,875 shares.
o The company will likely continue to raise needed capital by attempting to tap the equity markets.
&#9642; The company estimates it will require about $5 million to complete first-in-man studies and an estimated additional $24 million to get the product through the FDA approval process.
Summary
We have written before about the market opportunity that BBLG has, and it continues to grow. Investors have been slow to recognize the potential in our view but now, ahead of the human trials, is the opportunity to get in at what we view as a discounted price. If trial results are positive, as we believe they will be, the positive reaction in the investing community will likely be swift. We continue to be excited about the opportunity and the science behind NELL-1 and are looking forward to the human trials beginning this year. BBLG has what we believe is a product with great potential, addressing a market with seemingly insatiable demand and a solid funding situation, which is vital in this environment. As such, we believe investors with a longer-term investing horizon should take a look at BBLG.

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BBLG Continues Progress as Testing Proceeds

<div>Maersk continues to move ahead with plans to grow its air cargo business in 2024 even as many competitors pull back in the wake of a painful downturn, culminating with a milestone next quarter when Boeing expects to deliver the first two 777s for the airline operation. </div>

The developments underscore the strategic shift in recent years of Danish shipping power A.P. Moller-Maersk into an integrated logistics provider that can provide customers a full menu of supply chain and freight transportation services tailored to their specific needs.

Maersk Air Cargo in April opened a 90,000-square-foot airfreight station about 20 minutes from Miami International Airport to facilitate the movement of transshipment cargo from Asia to Latin America. The Miami gateway offers an alternative for Maersk's Asian customers looking to serve the Latin American market with predictable transit times and adds another node to Maersk's air cargo footprint in the United States. It follows the establishment of foreign carrier rights 18 months ago and processing centers near Chicago O'Hare, Atlanta and Los Angeles airports.

Most shipments to Latin America will move on Maersk Air Cargo's private cargo airline to hubs at Chicago Rockford International Airport and the Greenville-Spartanburg airport in South Carolina, and be trucked to the customs bonded facility in Miami for consolidation and rebooking on outbound commercial carriers, said John Wetherell, global head of airfreight, in a video interview.

Wetherell was promoted last month from his role as regional head of airfreight in North America to run the commercial side of Maersk's air cargo business, including managing relations with commercial carriers and strategic network planning. His career includes management stints at major global freight forwarders Ceva Logistics, Kuehne+Nagel and DHL.

Maersk Air Cargo offers nine flights per week from China to the U.S. with three Boeing 767-300 freighters. The aircraft are owned by Maersk but operated on its behalf by Miami-based Amerijet International. Six flights shuttle between Rockford and Hangzhou on the central China coast near Shanghai, with a connection each way in Seoul, South Korea. The other flights operate between Shenyang in northern China and South Carolina, also stopping in Seoul. 

<div><img alt="" src="https://www.freightwaves.com/wp-content/uploads/2024/05/20/Maersk-Air-Cargo-Chicago_1-1200x675.jpg" />Maersk Air Cargo's gateway station in Chicago is located near O'Hare Airport. The company recently opened a similar facility in Miami. (Photo - Maersk)
</div>

Some customer shipments will be routed directly to Miami on commercial flights from China, Maersk managers said.

Meanwhile, Maersk Air Cargo recently began flying into the United Kingdom on a scheduled and charter basis after receiving permission to temporarily operate a handful of 767 cargo jets on routes between its base in Billund, Denmark, and Birmingham, England, Wetherell said. The exemption follows last month's application to the civil aviation authority for a new subsidiary to conduct commercial operations in support of European and U.K. customers.

In December, the airline ran a handful of trial flights between Hangzhou and Bournemouth Airport to test the trade lane's viability for regular service, but the current flights are utilizing other airports.

<h2 id="h-bigger-freighters">Bigger freighters</h2>

The next major expansion will involve the fleet itself. Maersk currently operates 21 Boeing 767-200 and 767-300 freighters, the majority of which were converted after life as passenger aircraft. Two factory-built 777s are expected to arrive by late summer or early autumn and could enter service in time for the busy fourth quarter, according to company representatives.

Wetherell said Maersk will use its own crews to fly the 777s, which will represent the largest cargo jet the airline has ever flown. The planes will be stationed at Maersk's main base in Billund and fly under a Danish license. He said Maersk is hiring pilots with previous experience in the 777, but a job opening for 777 instructors and examiners posted on Maersk's website suggests the airline is also training some members from its existing 767 pilot group for the new aircraft type.

In addition to the trans-Pacific flights operated by Amerijet, Maersk regularly flies between Billund and Hangzhou. A large number of Maersk's 767s are also contracted out to UPS, supporting its parcel delivery service in Europe from a hub in Cologne, Germany. And the freight forwarding side of the business has dedicated Boeing 747-400 charter aircraft leased from Magma Aviation flying scheduled service between Frankfurt Hahn Airport and both Rockford and Greenville-Spartanburg multiple times per week.

Maersk Air Cargo's expansion comes as other airlines have paused growth ambitions due to financial strains from an 18-month downturn in freight demand that began to ease in the fourth quarter of 2023. Air Canada, for example, recently backed out of reservations for production slots to convert two Boeing 767-300 aircraft from passenger to cargo configuration, and last year canceled an order with Boeing for two 777-200 production freighters. Another Canadian airline, Cargojet, last year shelved plans to acquire eight 777 aircraft and convert them to freighters. And Maersk partner Amerijet this year returned six Boeing 757-200 converted freighters to lessors.

Executives have a goal of carrying about one-third of the company's annual air tonnage within its own controlled freight network through a combination of owned and leased aircraft. By controlling its own capacity, Maersk can deliver more reliable service and fly to smaller, less crowded airports where shipments can be processed without delay.

Maersk incorporated air cargo into its integrated logistics strategy in early 2022 by expanding the scope of an existing cargo airline, beyond being a provider of dedicated transport for UPS and Royal Mail in Europe, to carry goods for its own customers. It acquired extra aircraft and Senator International, a large air forwarding company based in Germany, to give shippers more air transport options in addition to ocean, trucking, rail, warehousing, import/export services, shipment pickup and last-mile delivery. 

In February, Maersk launched fully digital airfreight booking on its website. The online tool provides instant pricing to 70,000 airport connections around the world.

The forwarding unit arranges shipment itineraries for businesses utilizing the capacity of Maersk Air Cargo, charter aircraft under its control and regular commercial airlift. Specialized services it can provide include sea-air transits, standby flights and charters. Having Maersk-owned and controlled aircraft is intended to give the logistics provider more end-to-end control of the delivery process.

"Integrators have lots of options and options are basically power" especially when there are supply chain disruptions or capacity is tight in certain geographic areas or modes, said Yohei Sato, a business development manager for airfreight based in Japan, on a recent FreightWaves webinar about the airfreight market.

Colleague Marcus Ng, regional head of airfreight for Asia-Pacific, stressed the importance of shippers sharing information about freight requirements with their air logistics partner to guarantee shipments can be moved cost-effectively as e-commerce platforms in China soak up huge amounts of available capacity this year.

In addition to updated forecasts and longer lead times, cargo owners need to provide more granular shipment details beyond the weight and dimensions, such as whether or not the shipment can lie down for better consolidation in a pallet and the company's primary ship out days, to enable forwarders to pick the best speed and pricing options, he said.

Maersk earlier this month reported logistics services' revenue increased 1% to $3.5 billion, but gross profit decreased by $35 million, to $1 billion, and profit margin by 1.3 points primarily due to lower rates across modes for managed transportation. Transported revenue increased $28 million, to $1.6 billion, on higher volumes from air, less-than-container load and first-mile truck service.

Airfreight volumes grew 52% year over year in the first quarter, to 94,000 tons, and were on par with the fourth quarter of 2023, the time of year when shipping is traditionally at its peak. 

The post <a href="https://www.freightwaves.com/news/maersk-airline-prepares-to-deploy-first-777-freighters-for-peak-season">Maersk airline prepares to deploy first 777 freighters for peak season</a> appeared first on <a href="https://www.freightwaves.com">FreightWaves</a>.

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Maersk Airline Prepares to Deploy First 777 Freighters for Peak Season

Bridger Aerospace Group Holdings, Inc. (BAER) Q4 2023 Earnings Call Transcript

Bridger Aerospace Group Holdings, Inc. (BAER) Q1 2024 Earnings Call Transcript

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Bridger Aerospace Announces Pending Closure of Spanish Scooper Transaction

Bridger Aerospace Announces Earliest Fire Season Dispatch in Company History

Bridger Aerospace Announces Fleet Deployment to Support Texas Firefighting Efforts

Management

Bridger Aerospace Strengthens Board with the Addition of Seasoned Business Leaders Elizabeth C. Fascitelli and David A. Schellenberg as Independent Directors

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