Distribution Solns Gr Stock (NASDAQ: DSGR)

Distribution Solns Gr Stock (NASDAQ:DSGR), Trade Ideas

Distribution Solns Gr

Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.

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Why Lincoln National Shares Are Trading Lower By 31%? Here Are 72 Stocks Moving In Thursday&#39;s Session

Distribution Solutions Group, Inc. - Common Stock

Distribution Solutions Group Inc

<p>Jefferies  analyst Kyle Joseph   maintains Mr. Cooper Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NASDAQ">COOP</a>) with a Hold and raises the price target from $74 to $80.</p>


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COOP

Jefferies Maintains Hold on Mr. Cooper Gr, Raises Price Target to $80

TRSG

Tungray Technologies Shares Halted On Circuit Breaker To the Upside

IPOs

Tungray Technologies IPO Shares Open For Trade At $6.58/Share; IPO Priced At $4/Share On 1.25M Shares

<p><strong>Dogecoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is bouncing back from its price slump, prompting analysts and traders to voice <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">bullish predictions</a>.</p>
<p><strong>What Happened:</strong> Crypto analyst Javon Marks is optimistic about Dogecoin&#8217;s prospects. Since breaking out of its resistance trend, the meme coin has already seen a roughly 234% upside move. Marks believes this could be followed by a healthy pullback, potentially leading to a more than 315% uphill run to the $0.6553 target.</p>
<p>Rafaela Rigo, a popular crypto trader, predicts Dogecoin&#8217;s price could reach $1 during this cycle. She shared her thoughts on <strong>X</strong> (formerly Twitter): </p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> <br />Price expectation for this cycle is above $1.00. 25X from it&#39;s lower price point is what I would like to see for my first target. Short term still bearish and entry price can be lower. I am in!!! <a href="https://t.co/RRiytqcVY5">pic.twitter.com/RRiytqcVY5</a></p>
<p>&mdash; &#x2b50;RᗩᖴᗩEᒪᗩ </p>
</blockquote></div></figure></p>

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

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$DOGE

Dogecoin Rebounds To $0.15, Daily Active Addresses Spike 14%

<p>Keefe, Bruyette &amp; Woods  analyst Meyer Shields   maintains Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) with a Market Perform and lowers the price target from $241 to $231.</p>


Keefe, Bruyette & Woods Maintains Market Perform on Travelers Companies, Lowers Price Target to $231

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JBHT

JB Hunt shares are trading higher as the stock rebounds after falling on its recent Q1 earnings report.

Western Midstream shares are trading higher after Wolfe Research upgraded the stock from Underperform to Peer Perform.

<p>UBS  analyst Erika Najarian   maintains Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) with a Neutral and lowers the price target from $59 to $55.</p>


UBS Maintains Neutral on Comerica, Lowers Price Target to $55

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Broadcom</strong>.</p>
<p>Looking at options history for Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) we detected 30 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.</p>
<p>From the overall spotted trades, 21 are puts, for a total amount of $1,555,937 and 9, calls, for a total amount of $340,205.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1000.0 to $1800.0 for Broadcom during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In today's trading context, the average open interest for options of Broadcom stands at 219.4, with a total volume reaching 997.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Broadcom, situated within the strike price corridor from $1000.0 to $1800.0, throughout the last 30 days.</p>
<h3>Broadcom Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713536310_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$77.4</td>
<td>$74.2</td>
<td>$77.35</td>
<td>$1335.00</td>
<td>$293.9K</td>
<td style="text-align: right;">195</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$93.2</td>
<td>$88.2</td>
<td>$88.2</td>
<td>$1345.00</td>
<td>$167.5K</td>
<td style="text-align: right;">173</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$19.4</td>
<td>$17.8</td>
<td>$17.8</td>
<td>$1260.00</td>
<td>$115.7K</td>
<td style="text-align: right;">663</td>
<td style="text-align: right;">172</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$17.5</td>
<td>$13.7</td>
<td>$17.5</td>
<td>$1260.00</td>
<td>$105.0K</td>
<td style="text-align: right;">663</td>
<td style="text-align: right;">172</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$92.0</td>
<td>$91.9</td>
<td>$91.9</td>
<td>$1240.00</td>
<td>$101.0K</td>
<td style="text-align: right;">71</td>
<td style="text-align: right;">11</td>
</tr>
</tbody>
</table>
</p>
<h3>About Broadcom</h3>
<p>Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.</p>
<p>In light of the recent options history for Broadcom, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of Broadcom</h3>
<ul>
<li>Trading volume stands at 276,660, with AVGO's price down by -0.59%, positioned at $1251.61.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 41 days.</li>
</ul>
<h3>Expert Opinions on Broadcom</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $1544.0.</p>
<ul>
<li>Showing optimism, an analyst from TD Cowen upgrades its rating to Outperform with a revised price target of $1500. </li>
<li>An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $1720. </li>
<li>An analyst from Rosenblatt has revised its rating downward to Buy, adjusting the price target to $1500. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Broadcom with a target price of $1500. </li>
<li>In a cautious move, an analyst from Deutsche Bank downgraded its rating to Buy, setting a price target of $1500. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Broadcom with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

AVGO

Broadcom's Options: A Look at What the Big Money is Thinking

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>DraftKings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with DKNG, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for DraftKings.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.</p>
<p>Out of all of the options we uncovered, 7 are puts, for a total amount of $693,495, and there was 1 call, for a total amount of $224,500.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $23.0 to $45.0 for DraftKings during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In today's trading context, the average open interest for options of DraftKings stands at 1745.0, with a total volume reaching 4,726.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in DraftKings, situated within the strike price corridor from $23.0 to $45.0, throughout the last 30 days.</p>
<h3>DraftKings Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713536306_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$23.85</td>
<td>$22.45</td>
<td>$22.45</td>
<td>$23.00</td>
<td>$224.5K</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$2.82</td>
<td>$2.54</td>
<td>$2.6</td>
<td>$45.00</td>
<td>$177.7K</td>
<td>4.1K</td>
<td>600</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$1.96</td>
<td>$1.94</td>
<td>$1.95</td>
<td>$43.50</td>
<td>$156.0K</td>
<td>1.0K</td>
<td>860</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$2.85</td>
<td>$2.51</td>
<td>$2.65</td>
<td>$45.00</td>
<td>$116.4K</td>
<td>4.1K</td>
<td>1.8K</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$2.7</td>
<td>$2.67</td>
<td>$2.7</td>
<td>$45.00</td>
<td>$106.7K</td>
<td>4.1K</td>
<td>410</td>
</tr>
</tbody>
</table>
</p>
<h3>About DraftKings</h3>
<p>DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 24 states (46% of the US population) and iGaming in seven states (11% of US), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.</p>
<p>In light of the recent options history for DraftKings, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of DraftKings</h3>
<ul>
<li>Trading volume stands at 1,399,083, with DKNG's price up by 1.73%, positioned at $42.36.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>What Analysts Are Saying About DraftKings</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $54.2.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on DraftKings with a target price of $54. </li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on DraftKings with a target price of $55. </li>
<li>An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $52. </li>
<li>In a cautious move, an analyst from Goldman Sachs downgraded its rating to Buy, setting a price target of $60. </li>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for DraftKings, targeting a price of $50. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for DraftKings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


DKNG

Check Out What Whales Are Doing With DKNG

<p>Financial giants have made a conspicuous bearish move on Enphase Energy. Our analysis of options history for Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $122,050, and 6 were calls, valued at $477,355.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $120.0 for Enphase Energy, spanning the last three months.</p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Enphase Energy options trades today is 945.5 with a total volume of 944.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Enphase Energy's big money trades within a strike price range of $95.0 to $120.0 over the last 30 days.</p>
<h3>Enphase Energy 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713536301_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$19.6</td>
<td>$19.35</td>
<td>$19.6</td>
<td>$110.00</td>
<td>$129.3K</td>
<td>303</td>
<td style="text-align: right;">66</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$4.05</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$120.00</td>
<td>$94.7K</td>
<td>955</td>
<td style="text-align: right;">261</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$4.0</td>
<td>$3.75</td>
<td>$3.9</td>
<td>$120.00</td>
<td>$92.8K</td>
<td>955</td>
<td style="text-align: right;">519</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$31.7</td>
<td>$30.65</td>
<td>$30.65</td>
<td>$100.00</td>
<td>$61.3K</td>
<td>1.4K</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$12.5</td>
<td>$12.15</td>
<td>$12.5</td>
<td>$115.00</td>
<td>$60.0K</td>
<td>91</td>
<td style="text-align: right;">49</td>
</tr>
</tbody>
</table>
</p>
<h3>About Enphase Energy</h3>
<p>Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.</p>
<p>In light of the recent options history for Enphase Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Enphase Energy</h3>
<ul>
<li>Trading volume stands at 333,213, with ENPH's price down by -0.15%, positioned at $109.01.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 4 days.</li>
</ul>
<h3>Expert Opinions on Enphase Energy</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $129.25.</p>
<ul>
<li>An analyst from Citigroup has revised its rating downward to Neutral, adjusting the price target to $121. </li>
<li>An analyst from Roth MKM has decided to maintain their Buy rating on Enphase Energy, which currently sits at a price target of $140. </li>
<li>Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Enphase Energy, targeting a price of $140. </li>
<li>In a cautious move, an analyst from DZ Bank downgraded its rating to Hold, setting a price target of $116. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Enphase Energy options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


ENPH

What the Options Market Tells Us About Enphase Energy

<p>Technology services and consulting company&nbsp;<strong>Wipro Ltd&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WIT#NYSE">WIT</a>)&nbsp;shares are trading higher after the company reported&nbsp;fourth-quarter results.</p>
<p>The company reported gross revenue of INR222.1 billion ($2.67 billion), flat Q/Q, beating the consensus of&nbsp;<a target="_blank" href="https://www.wipro.com/investors/" rel="noreferrer noopener">$2.65 billion</a>.&nbsp;</p>
<p>EPS of 7 cents was in line <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">with the consensus</a>.</p>
<p>IT Services revenue declined by 6.4% Y/Y to $2.66 billion. Adjusted constant currency IT Services segment revenue decreased by 6.6% Y/Y.</p>
<p>IT Services' operating margin for the quarter was 16.4%, versus 17%&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/22/04/26895936/wipro-shares-drop-post-q4-misses-consensus" rel="noreferrer noopener">a year ago</a>.&nbsp;</p>
<p>Net income was INR28.3 billion ($341 million), down from INR30.7 million a year ago. Operating cash flow was at INR52.2 billion ($626.1 million).</p>
<p>Total bookings stood at $3.6 billion, with large deal bookings worth $1.2 billion, up by 9.5% Y/Y.</p>
<p>The board confirmed the interim dividend of INR1, which it will consider the final dividend for the financial year 2023-2024.</p>
<p><strong>Q1 Outlook:</strong>&nbsp;Wipro expects IT Services business revenue of $2.617 billion&nbsp;– $2.670&nbsp;billion, (-1.5)% to (+0.5)% Q/Q in constant currency terms.&nbsp;Total&nbsp;revenue&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus was $2.690 billion</a>.</p>
<p>Wipro&nbsp;stock gained over 19% in the last 12 months. Investors can gain exposure to the stock via&nbsp;<strong>VanEck ETF Trust VanEck Digital India ETF</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGIN#NYSE">DGIN</a>) and&nbsp;<strong>ALPS Emerging Sector Dividend Dogs ETF</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDOG#NYSE">EDOG</a>).</p>
<p><strong>Price Action:</strong> WIT shares were up 3.5% to $5.34 at last check Friday.</p>
<p><em>Now Read: <a href="https://www.benzinga.com/news/earnings/24/04/38333186/increase-in-card-member-spending-boosts-amex-q1-revenue-company-eyes-steady-annual-growth">Increase In Card Member Spending Boosts Amex Q1 Revenue, Company Eyes Steady Annual Growth</a></em></p>
<p><em>Image generated using artificial intelligence via Midjourney.</em></p>


Earnings

Guidance

Dividends

DGIN

EDOG

Wipro Beats Revenue Expectations In Q4, Anticipates Steady Growth Driven By Tech Demand

<p>Stephens &amp; Co.  analyst Terry McEvoy   reiterates Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) with a Overweight and maintains $64 price target.</p>


Reiteration

Stephens & Co. Reiterates Overweight on Comerica, Maintains $64 Price Target

<p>The World Health Organization (WHO) is poised to issue a broader alert regarding contaminated children&#8217;s cough syrup produced by&nbsp;<strong>Johnson and Johnson</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) in response to the discovery of tainted batches in Nigeria.&nbsp;</p>
<p>Last week, Nigeria&#8217;s regulatory body recalled a specific batch of Benylin syrup after detecting elevated levels of diethylene glycol during routine testing.&nbsp;</p>
<p>This compound, along with a related toxin, has been implicated in the deaths of over 300 children across several countries since 2022, although no direct link has been established to recent recalls.</p>
<p>The U.N. health agency intended to issue a global medical product alert to prompt heightened vigilance among national authorities, pending confirmation of&nbsp;certain&nbsp;details.&nbsp;</p>
<p>The recalled batch of Benylin syrup originated from Johnson and Johnson in South Africa before the brand&#8217;s acquisition by&nbsp;<strong>Kenvue Inc</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>) following a spin-off last year.&nbsp;</p>
<p>Reuters noted that Kenvue was conducting an independent assessment and collaborating with health authorities to determine appropriate measures.</p>
<p>In addition to Nigeria, five other African nations, including Rwanda, Kenya, Tanzania, Zimbabwe, and South Africa, have withdrawn the product from circulation, with South Africa&#8217;s regulatory body recalling another batch of the syrup.&nbsp;</p>
<p>Despite the potential risks associated with diethylene glycol consumption, no reported adverse effects have been connected with the recent incident.</p>
<p>Previous instances of contamination in 2022 were traced back to raw materials sourced from manufacturers in India and Indonesia.&nbsp;</p>
<p>The WHO is working closely with South African authorities and the manufacturer to investigate the source of the contamination in the Benylin pediatric syrup, including scrutinizing the origin of the raw ingredients.&nbsp;</p>
<p>Kenvue asserts that pre-manufacture testing revealed no issues with the raw materials, though the possibility of counterfeit products is considered part of ongoing investigations.</p>
<p><strong>Price Action: </strong>JNJ shares are up 0.35% at $146.24 at the last check Friday.</p>
<p><em>Photo via Company</em></p>


Biotech

Large Cap

Health Care

KVUE

Johnson & Johnson Children's Cough Syrup Contaminated In Some Batches - WHO Poised to Issue Global Alert

<p>Barclays  analyst Anthony Powell   maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Underweight and lowers the price target from $122 to $114.</p>


Barclays Maintains Underweight on Choice Hotels Intl, Lowers Price Target to $114

<p>The late <a href="https://www.benzinga.com/personal-finance/24/04/38158576/charlie-munger-said-find-a-way-to-get-your-hands-on-100-000-even-if-it-means-walking-everywhere-">Charlie Munger</a>, the esteemed investor and vice chairman of Berkshire Hathaway Inc., chose a path less traveled by those of immense wealth.</p>
<p>Known for his sharp wit and wise investment strategies, Munger amassed a fortune but remained dedicated to a remarkably modest lifestyle. For over 70 years, he lived in the same understated home, avoiding the lavish living standards that often accompany financial success.</p>
<p>In an interview with CNBC, before <a href="https://www.benzinga.com/general/23/12/36115549/charlie-mungers-final-advice-for-investors-is-about-embracing-value-in-unlikely-places-if-something">he died at age 99</a>, Munger discussed his choice to maintain a simple life despite his wealth. He and Warren Buffett observed many wealthy friends who opted for luxurious, expansive homes only to find their happiness didn&#8217;t increase.&nbsp;</p>
<p>&#8220;And I would say in practically every case, they make the person less happy, not happier,&#8221; Munger said. This observation reinforced his commitment to simplicity, believing that grandeur could adversely affect one's happiness and family life.</p>
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<p>Munger&#8217;s lifestyle was grounded in a philosophy that valued utility over extravagance. He noted that while a larger home might increase one&#8217;s ability to host gatherings, it brings little else of value and is costly.&nbsp;</p>
<p>He also expressed concern about the impact of visible wealth on his children, suggesting that an extravagant lifestyle might encourage them to &#8220;live grandly&#8221; in ways that were not wholesome or beneficial. Munger, a father to nine children from two marriages, believed a humble living environment is crucial to fostering the right values.</p>
<p>Despite his considerable wealth, Munger&#8217;s professional background as a real estate attorney gave him a unique perspective on property ownership. He owned other real estate investments, yet he chose to make his permanent residence in a modest home. This decision was not for lack of opportunity to live more grandly but was a deliberate choice to model values of contentment and restraint.</p>
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<p>Buffett, Munger's longtime business partner, shares a similar view on living modestly. Buffett has resided in the <a href="https://www.benzinga.com/real-estate/24/02/37313709/warren-buffett-has-spent-66-years-in-the-same-home-and-warns-a-house-can-be-a-nightmare-heres-what-h">same Omaha, Nebraska, home he purchased for $31,500 in 1958</a>. At Berkshire Hathaway's 2014 shareholder meeting, he said that owning multiple homes would likely decrease, not increase, his quality of life.</p>
<p>Despite his billionaire status, Munger's views resonate with recent findings published in the Proceedings of the National Academy of Sciences. The study suggests that while money can enhance happiness, this tends to plateau at an income of around $500,000 annually.</p>
<p>Munger was committed to living a simple, disciplined life, which serves as a powerful example in today's material-driven society. His philosophy reiterates the idea that true happiness and fulfillment derive not from accumulating possessions but from focusing on family, meaningful work and maintaining personal integrity.&nbsp;</p>
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Real Estate

Charlie Munger Lived In The Same House For 70 Years — He Watched Rich Friends Buy Fancy Homes And Become 'Less Happy, Not Happier'

Jabil shares are trading lower after the company announced its CEO was placed on paid leave pending completion of an investigation related to corporate policies.

<p>The Company believes it is prudent to file the shelf registration statement as a matter of standard corporate procedure and to streamline any response to future strategic needs. The Company is not required to offer or sell securities under the shelf registration statement.</p>
<p>The registration statement has been filed with the SEC but has not yet become effective. The securities covered by the registration may not be sold, nor may offer to buy the securities be accepted prior to the effectiveness of the registration statement. The terms of any such offerings under the registration statement will be established at the time of such offering, will be subject to market conditions, and will be described in detail in a supplement to the prospectus filed with the SEC relating to such offering.</p>


Offerings

Canaan Makes Statement Regarding Shelf Registration Submission

<p>Stephens &amp; Co.  analyst Matt Olney   maintains Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) with a Overweight and lowers the price target from $78 to $73.</p>


TCBI

Stephens & Co. Maintains Overweight on Texas Capital Bancshares, Lowers Price Target to $73

PSTG

Pure Storage shares are trading lower after Raymond James downgraded the stock from Strong Buy to Outperform but raised its price target from $52 to $63.

Warning: DSGR is at high risk of performing badly

Distribution Solutions Group Non-GAAP EPS of $0.22 beats by $0.08, revenue of $405.24M misses by $13.76M

Distribution Solutions Group, Inc. 2023 Q4 - Results - Earnings Call Presentation

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Distribution Solns Gr</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/dsgr-stock-quote/"><strong>DSGR</strong></a></span>) just reported results for the fourth quarter of 2023.</p><ul><li>Distribution Solns Gr reported earnings per share of 22 cents. This was above the analyst estimate for EPS of 14 cents.</li><li>The company reported revenue of $405.24 million.</li><li>This was 3.28% worse than the analyst estimate for revenue of $419.00 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/03/dsgr-stock-earnings-distribution-solns-gr-for-q4-of-2023/">DSGR Stock Earnings: Distribution Solns Gr Beats EPS, Misses Revenue for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

DSGR Stock Earnings: Distribution Solns Gr Beats EPS, Misses Revenue for Q4 2023

Distribution Solutions Group, Inc. (DSGR) Q4 2023 Earnings Call Transcript

Distribution Solutions Group (DSGR) has issued an update. Andrew B. Albert has announced his decision not to seek reelection and will retire from t...

Andrew B. Albert Retires from Distribution Solutions Group Board

In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Distribution Solutions Group (DSGR – Research Report), with a ...

Buy Rating Affirmed for DSG on Strategic Growth and Market Resilience

Distribution Solutions: Merger Benefits Still Strong, So Are The Challenges

Alphyn Capital Management Q1 2024 Letter To Investors

Distribution Solutions Group: Unrecognized Value

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CCOI

ESAB

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Press Releases

Distribution Solutions Group Announces Timing for Third Quarter 2023 Results and Conference Call

Distribution Solutions Group to Participate in Two Conferences: Baird's Global Industrial Conference; Stephens Annual Investment Conference

Distribution Solutions Group Announces Fiscal 2023 Third Quarter Results

Distribution Solutions Group Announces New Authorization of the Share Repurchase Program

Distribution Solutions Group's Operating Company, Lawson Products, Announces Strategic Acquisition

Gabelli Funds to Host Pump, Valve & Water Systems Symposium  at The Yale Club, New York, NY

Distribution Solutions Group to Participate in the Gabelli Funds 34th Annual Pump, Valve, and Water Symposium on February 22nd

Distribution Solutions Group Announces Timing for Fiscal Year 2023 and Fourth Quarter Results and Conference Call

Distribution Solutions Group Announces 2023 Full Year and Fourth Quarter Results

Distribution Solutions Group Announces Timing for First Quarter 2024 Results and Conference Call

EPAC

ROCK