Innovator International Developed Power Buffer ETF April (ARCA: IAPR)

Innovator International Developed Power Buffer ETF April (ARCA:IAPR), Trade Ideas

Innovator International Developed Power Buffer ETF April

Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) reported a 48% year-on-year revenue decline <a href="https://www.benzinga.com/news/earnings/24/04/38432965/intel-spinoff-mobileye-revenue-falls-amid-supply-chain-reset-ceo-optimistic-about-recovery">for the first quarter</a>.
According to Morgan Stanley, the stiff competition and the unexpected downturn in electric vehicle (EV) adoption limits Mobileye's TAM (total addressable market) through 2030.
The Mobileye Global Analyst: Adam Jonas downgraded the rating for Mobileye Global from Equal-Weight to Underweight. He also lowered the price target from $26 to $25.
The Mobileye Global Thesis: While Mobileye Global's SuperVision product is "impressive," its potential relies on several factors that are outside the company's control, Jonas said in the downgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"While we see significant value in Mobileye&#8217;s position as a market leader in computer vision and core ADAS offerings," there are headwinds for new content growth for advanced ADAS systems, the analyst wrote.
The EV deceleration limits the near-term TAM for SuperVision, "as legacy automakers (driven by capital discipline) elect not to allocate their capex and R&amp;D dollars on AV tech for mass market ICE platforms," he added.
Mobileye Global is facing heightened competition within and outside China. Jonas cited low-cost providers, and pure-play semiconductor companies like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>). 
Big tech players, like Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), are also exploring ADAS. Several automakers are also exploring in-house solutions like Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) and Xiaomi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>), Jonas further stated.
MBLY Price Action: Shares of Mobileye Global had declined by 6.05% to $29.03 at the time of publication on Friday.
Now Read: <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/04/38467013/tech-stocks-rebound-as-magnificent-7-roar-on-strong-earnings-energy-giants-tumble-wh">Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What&#8217;s Driving Markets Friday?</a>
Image: Wikimedia Commons

Analyst Color

Short Ideas

Downgrades

Price Target

Analyst Ratings

Movers

Trading Ideas

AAPL

MBLY

NVDA

QCOM

VWAGY

XIACF

Mobileye Global Hit By Surprise EV Slowdown; This Analyst Turns Bearish

JMP Securities analyst Trevor Walsh reiterates Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Market Outperform and maintains $490 price target.

News

Reiteration

JMP Securities Reiterates Market Outperform on Tyler Technologies, Maintains $490 Price Target

Vertex Pharmaceuticals Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) blockbuster drug Trikafta for cystic fibrosis (CF) has shown remarkable efficacy, potentially extending the lives of some patients by up to 45 years.&nbsp;
Despite its high cost of&nbsp;$300,000 per patient&nbsp;annually in the U.S., sales remain robust.
Since its launch in 2019, Trikafta has amassed $26 billion in revenues and&nbsp;is expected&nbsp;to reach $10 billion in annual sales next year.&nbsp;
Additionally, Vertex anticipates regulatory approval for its fifth CF treatment, the&nbsp;vanza&nbsp;triple, this year, with projected annual sales&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/02/36957190/vertex-pharmaceuticals-triple-combo-treatment-for-lung-disorder-meets-primary-goal-in-adult-and-p" rel="noreferrer noopener">matching Trikafta&#8217;s success</a>.
The Financial Times cites a Guggenheim Securities analyst and&nbsp;<a target="_blank" href="https://www.ft.com/content/39ed9ca1-e49b-48cd-ac6d-acb4b9744432" rel="noreferrer noopener">writes</a>&nbsp;that Vertex is poised for substantial growth and will emerge as a top contender among pharmaceutical companies.
Daniel Lyons, a portfolio manager at Janus Henderson, highlights Vertex&#8217;s dominant position in CF treatment. Patent protection extends until at least 2039, providing a solid foundation for sustained profitability and continued research investments.
Now, the same research team at Vertex&#8217;s San Diego lab is nearing the culmination of another extensive project: developing non-opioid painkillers, presenting a new avenue for substantial market expansion.
Vertex&#8217;s challenge lies in replicating its success in cystic fibrosis (CF) treatment across other diseases.&nbsp;
Recently, it gained regulatory approval for a groundbreaking CRISPR gene editing-based therapy for sickle cell disease and beta-thalassemia.&nbsp;
Moreover, Vertex acquired&nbsp;Alpine Immune Sciences Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALPN#NASDAQ">ALPN</a>) for $4.9 billion, a move aimed at developing a treatment for&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/04/38201798/vertex-pharmaceuticals-move-beyond-its-10b-cystic-fibrosis-franchise-pays-around-5b-for-kidney-di" rel="noreferrer noopener">autoimmune kidney disease</a>.&nbsp;
However, analysts highlight a new generation of non-addictive painkillers as the most promising in Vertex&#8217;s pipeline.&nbsp;
VX-548, a non-opioid painkiller, is undergoing late-stage clinical trials and shows potential for&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/01/36846814/why-is-vertex-pharmaceuticals-stock-sliding-today" rel="noreferrer noopener">FDA approval this year</a>.&nbsp;
It promises reduced pain with fewer side effects and no risk of addiction compared to traditional opioids.
The Financial Times highlights that analysts predict that Vertex&#8217;s new acute pain medication will bring in $2.3 billion&nbsp;in&nbsp;yearly sales by 2030. However, the real potential lies in their approved non-opioid painkiller, offering an alternative&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/23/12/36216498/vertexs-non-opioid-diabetes-associated-nerve-pain-treatment-candidate-aces-mid-stage-trial" rel="noreferrer noopener">to prescription opioids</a>.
Price Action:&nbsp;VRTX shares are up 0.08% at $398.02&nbsp;at the last check Friday.

ALPN

VRTX

$100B Vertex Pharma Working To Recreate $10B Cystic Fibrosis Success - This Time Focused On Pain Management Drugs

The public debut of Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) has been one of the bigger storylines of 2024 and the company is now warnings of <a href="https://www.benzinga.com/markets/equities/24/04/38337541/trump-media-technology-group-alleges-naked-short-selling-seeks-nasdaqs-intervention">potential stock manipulation</a>.
A new report said investors shorting the newly public stock have made millions of dollars.
What Happened: After a long awaited SPAC merger with Digital World Acquisition Corporation, Trump Media &amp; Technology Group (TMTG)<a href="https://www.benzinga.com/m-a/24/03/37943780/exclusive-trump-media-company-goes-public-financial-experts-say-djt-a-meme-stock-this-is-going-to-be"> is now publicly traded.</a> The stock gives investors a way to bet for or against former President Donald Trump and also his social media company.
After hitting a high of $79.38 in its first day of public trading, shares of Trump Media &amp; Technology Group have pulled back.
Several investors have been betting on shares of the media company to fall, despite rising short interest and a high cost to borrow. Data from <a href="https://fintel.io/ss/us/djt">Fintel </a>shows 10.8% of the float short and a cost to borrow of 214.9%.
Investors interviewed by the Associated Press reported making money betting on shares to fall by shorting the stock and buying put options, as <a href="https://abcnews.go.com/US/wireStory/rooting-trump-fail-made-stock-shorters-millions-109663622">reported </a>by ABC News. 
Some of the people betting against the new stock are doing so based on not liking Trump, and many are doing it based on the financials of the company.
"(Trump's) not as a great a businessman as he thinks. A lot of his businesses go belly up, quickly," one interviewee told the Associated Press.
Data from FactSet and S3 Partners shows investors making $200 million in paper profits so far by shorting the stock and using put options.
Related Link: <a href="https://www.benzinga.com/general/sports-betting/24/04/38417836/trump-and-biden-get-ready-2024-election-betting-odds-point-to-major-showdown">Trump And Biden, Get Ready: 2024 Election Betting Odds Point To Major Showdown</a>
Why It's Important: Some investors recognize the risk of a potential short squeeze that could elevate share prices. They also acknowledge that an increasing number of Trump supporters might purchase the stock to demonstrate support and assist with his legal and fundraising initiatives.
"If DJT starts rallying, you're going to see the mother of all squeezes," S3 Partners' Ihor Dusaniwsky said. "This if not for the faint of heart."
Trump<a href="https://www.benzinga.com/general/politics/24/04/38298524/trump-sees-net-worth-dip-below-4b-after-truth-social-stock-tumbles-could-ex-president-sell-share"> owns 57.6% in the Truth Social parent company</a> – 78.75 million shares, with another 36 million shares potentially owned base on earn-outs. The former president is currently unable to sell shares due to a lock-up agreement that was part of the merger.
Trump selling a large number of shares could also send the share price down in the coming months.
The risk of the company restricting share borrowing complicates efforts to bet against Trump's stock through short selling.
The company has alerted Nasdaq to potential illegal short selling of its stock and is advising investors to safeguard their shares from being loaned to short sellers. This strategy could reduce the number of shares available for short selling and increase the cost of borrowing.
While TMTG shares are down 44% in the last month, the stock is up 17% in the last five trading days, which comes from the headline news on short selling and as shares remain volatile during Trump's hush money trial.
DJT Price Action: Trump Media &amp; Technology Group shares are up 11.3% to $42.86 versus a 52-week trading range of $12.40 to $79.38, which includes time as Digital World Acquisition. Shares are up 208% over the last year.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/04/38410320/stock-manipulation-in-trump-media-technology-group-stock-ceo-devin-nunes-urges-house-gop-leaders">Stock Manipulation In Trump Media &amp; Technology Group Stock? CEO Devin Nunes Urges House GOP Leaders To Investigate</a>
Photo: Shutterstock

Short Sellers

Social Media

Politics

Trump's Stock Loss Means Millions For Short Sellers: 'A Lot Of His Businesses Go Belly Up, Quickly'

Financial giants have made a conspicuous bullish move on Barrick Gold. Our analysis of options history for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) revealed 21 unusual trades.
Delving into the details, we found 57% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $1,351,379, and 10 were calls, valued at $508,821.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $11.0 to $25.0 for Barrick Gold over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Barrick Gold options trades today is 10980.81 with a total volume of 11,440.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Barrick Gold's big money trades within a strike price range of $11.0 to $25.0 over the last 30 days.
<h3>Barrick Gold Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714156268_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$2.44</td>
<td>$2.34</td>
<td>$2.33</td>
<td>$17.00</td>
<td>$405.5K</td>
<td>13.6K</td>
<td>0</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.37</td>
<td>$2.35</td>
<td>$2.37</td>
<td>$17.00</td>
<td>$200.2K</td>
<td>13.6K</td>
<td>2.6K</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$25.00</td>
<td>$177.7K</td>
<td>152</td>
<td>225</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.15</td>
<td>$5.1</td>
<td>$5.1</td>
<td>$22.00</td>
<td>$168.3K</td>
<td>0</td>
<td>110</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$0.97</td>
<td>$0.95</td>
<td>$0.95</td>
<td>$18.00</td>
<td>$95.0K</td>
<td>950</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
In light of the recent options history for Barrick Gold, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Barrick Gold</h3>
<ul>
<li>Currently trading with a volume of 13,611,866, the GOLD's price is up by 0.7%, now at $17.2. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 5 days.</li>
</ul>
<h3>What Analysts Are Saying About Barrick Gold</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $26.0.
<ul>
<li>An analyst from BMO Capital persists with their Outperform rating on Barrick Gold, maintaining a target price of $26. </li>
</ul>
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 Barrick Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

GOLD

Barrick Gold Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bullish move on Viking Therapeutics. Our analysis of options history for Viking Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) revealed 27 unusual trades.
Delving into the details, we found 48% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $142,317, and 24 were calls, valued at $1,477,692.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $115.0 for Viking Therapeutics, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Viking Therapeutics options trades today is 1418.18 with a total volume of 16,148.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Viking Therapeutics's big money trades within a strike price range of $20.0 to $115.0 over the last 30 days.
<h3>Viking Therapeutics Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714156263_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$6.6</td>
<td>$6.5</td>
<td>$6.6</td>
<td>$75.00</td>
<td>$209.2K</td>
<td>1.5K</td>
<td style="text-align: right;">601</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$10.0</td>
<td>$8.7</td>
<td>$8.7</td>
<td>$65.00</td>
<td>$132.2K</td>
<td>2.8K</td>
<td style="text-align: right;">330</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.3</td>
<td>$6.1</td>
<td>$6.2</td>
<td>$100.00</td>
<td>$124.0K</td>
<td>381</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$6.6</td>
<td>$6.5</td>
<td>$6.6</td>
<td>$75.00</td>
<td>$110.2K</td>
<td>1.5K</td>
<td style="text-align: right;">117</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$21.3</td>
<td>$19.7</td>
<td>$20.12</td>
<td>$70.00</td>
<td>$100.9K</td>
<td>742</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Viking Therapeutics</h3>
Viking Therapeutics Inc is a healthcare service provider. The company specializes in the area of biopharmaceutical development focused on metabolic and endocrine disorders. The company's clinical program pipeline consists of VK2809, VK5211, VK0214 products. VK2809 and VK0214 are orally available, tissue and receptor-subtype selective agonists of the thyroid hormone receptor beta. VK5211 is an orally available, non-steroidal selective androgen receptor modulator.
Following our analysis of the options activities associated with Viking Therapeutics, we pivot to a closer look at the company's own performance.
<h3>Viking Therapeutics's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,266,930, the VKTX's price is up by 4.23%, now at $71.77. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 89 days.</li>
</ul>
<h3>Professional Analyst Ratings for Viking Therapeutics</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $90.0.
<ul>
<li>An analyst from HC Wainwright &amp; Co. has revised its rating downward to Buy, adjusting the price target to $90. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Viking Therapeutics, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

VKTX

Viking Therapeutics Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Dollar Gen.
Looking at options history for Dollar Gen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 80% of the investors opened trades with bullish expectations and 20% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $889,903 and 2, calls, for a total amount of $174,480.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $125.0 to $155.0 for Dollar Gen over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Dollar Gen stands at 639.43, with a total volume reaching 5,779.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Dollar Gen, situated within the strike price corridor from $125.0 to $155.0, throughout the last 30 days.
<h3>Dollar Gen Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714156257_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/07/24</td>
<td>$1.81</td>
<td>$0.96</td>
<td>$1.5</td>
<td>$125.00</td>
<td>$405.7K</td>
<td>0</td>
<td>3.3K</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$135.00</td>
<td>$158.9K</td>
<td>1.1K</td>
<td>399</td>
</tr>
<tr>
<td>DG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$4.85</td>
<td>$4.75</td>
<td>$4.85</td>
<td>$150.00</td>
<td>$145.5K</td>
<td>670</td>
<td>303</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/07/24</td>
<td>$1.5</td>
<td>$1.47</td>
<td>$1.52</td>
<td>$125.00</td>
<td>$90.4K</td>
<td>0</td>
<td>686</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$4.05</td>
<td>$4.0</td>
<td>$4.0</td>
<td>$143.00</td>
<td>$63.6K</td>
<td>75</td>
<td>301</td>
</tr>
</tbody>
</table>

<h3>About Dollar Gen</h3>
With over 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
After a thorough review of the options trading surrounding Dollar Gen, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Dollar Gen Standing Right Now?</h3>
<ul>
<li>With a volume of 727,192, the price of DG is down -0.08% at $142.53. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 34 days.</li>
</ul>
<h3>Professional Analyst Ratings for Dollar Gen</h3>
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $166.5.
<ul>
<li>Maintaining their stance, an analyst from Argus Research continues to hold a Buy rating for Dollar Gen, targeting a price of $175. </li>
<li>An analyst from JP Morgan persists with their Neutral rating on Dollar Gen, maintaining a target price of $161. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their In-Line rating on Dollar Gen, which currently sits at a price target of $160. </li>
<li>Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Dollar Gen with a target price of $170. </li>
</ul>
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 Dollar Gen with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With Dollar Gen

TD Cowen analyst Andrew Charles reiterates Dutch Bros (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) with a Hold and maintains $33 price target.

BROS

TD Cowen Reiterates Hold on Dutch Bros, Maintains $33 Price Target

Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) has outperformed the market over the past 5 years by 3.78% on an annualized basis producing an average annual return of 15.39%. Currently, Elevance Health has a market capitalization of $125.43 billion. 
Buying $100 In ELV: If an investor had bought $100 of ELV stock 5 years ago, it would be worth $202.11 today based on a price of $539.68 for ELV at the time of writing.
<h3>Elevance Health's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714156218_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.

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

Here's How Much You Would Have Made Owning Elevance Health Stock In The Last 5 Years

Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) has outperformed the market over the past 5 years by 4.75% on an annualized basis producing an average annual return of 16.36%. Currently, Oracle has a market capitalization of $324.35 billion. 
Buying $100 In ORCL: If an investor had bought $100 of ORCL stock 5 years ago, it would be worth $214.25 today based on a price of $118.01 for ORCL at the time of writing.
<h3>Oracle's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714156213_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.

ORCL

Here's How Much $100 Invested In Oracle 5 Years Ago Would Be Worth Today

Friday, the FDA approved&nbsp;Pfizer Inc&#8217;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) Beqvez (fidanacogene&nbsp;elaparvovec-dzkt) for moderate to severe hemophilia B in adult patients who currently use factor IX (FIX) prophylaxis therapy or have current or historical life-threatening hemorrhage, or have repeated,&nbsp;serious spontaneous&nbsp;bleeding episodes, and do not have neutralizing antibodies to&nbsp;adeno-associated&nbsp;virus&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38455420/u-s-fda-approves-pfizers-beqvez-fidanacogene-elaparvovec-dzkt-a-one-time-gene-therapy-for-adults-w" rel="noreferrer noopener">serotype Rh74var capsid</a>.&nbsp;
Beqvez is a one-time treatment designed to enable hemophilia B patients to produce FIX themselves rather than the current standard of care, which requires regular intravenous infusions of FIX that&nbsp;are often administered&nbsp;multiple times a week or&nbsp;multiple&nbsp;times a month.
Hemophilia B is a rare genetic bleeding disorder that prevents normal blood clotting because of a deficiency in FIX that causes those with the disease to bleed more frequently and longer than others.
The approval is based on the&nbsp;BENEGENE-2 Phase 3A study, which showed that a single dose of Pfizer&#8217;s therapy helped eliminate bleeding in 60% of patients​​ compared to 29% in the prophylaxis arm.
A median annualized bleeding rate (ABR) of zero (range of 0 to 19)&nbsp;was observed&nbsp;during the efficacy evaluation period compared to the prophylaxis arm, in which a median ABR of 1.3 (range of 0 to 53.9) was observed.
Pfizer said it will continue to monitor the long-term durability and safety of the treatment over 15 years.
With Beqvez now approved for use, Pfizer is launching a warranty program based on the durability of patient response to treatment.&nbsp;
The warranty aims to provide greater certainty to payers, maximize access for eligible patients who receive Beqvez, and offer financial protection by insuring against the risk of efficacy failure.
Beqvez is currently under review with the European Medicines Agency, and the treatment recently received regulatory approval in Canada.&nbsp;
Reuters noted that Pfizer has set a list price for Beqvez at $3.5 million in the U.S., similar to Australian drugmaker&nbsp;CSL Ltd&#8217;s&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/CSLLY#OTC">CSLLY</a>)&nbsp;rival gene therapy Hemgenix.
Price Action: PFE shares are up 0.88% at $25.48 at the last check Friday.
Photo via Shutterstock

Biotech

Large Cap

Health Care

General

CSLLY

FDA Green Lights Pfizer's Gene Therapy For Rare Bleeding Disorder Hemophilia

Fitch Believes Near-Term Financial Pressures Will Be Mostly Offset Also By Longer-Term Synergies If Boeing Takes Control Of Spirit; Believes Boeing To Operate At Slower Production Pace In Line With Early 2024 Levels Until Late-May While Co Develops Plan To Address FAA Concerns

Fitch Says Near-Term Financial Pressures Of Boeing To Be Mostly Offset By Near-Term Reduction Of Inventory, Production Optimization; Also Forecast Around 75 787 Aircraft Deliveries During Year, With Low-To-Mid Single Digit Production Per Month

Fitch On Boeing Says Has Also Affirmed Company's Long-Term Unsecured Notes And Revolvers At 'BBB-' And CP Program At 'F3'; Negative Outlook Reflects Boeing's Heightened Execution Risks Over Next 1-2 Years; Forecasts Around Low-400s 737max Deliveries In 2024 And Expects Production Rate To Remain Constrained Below 20 Per Month For H1

Fitch Revises Boeing's Outlook To Negative; Affirmed Boeing's 'BBB-' Long-Term IDR And 'F3' Short-Term IDR; Fitch Says Outlook Incorporates Expectation That Boeing Could Issue New Debt To De-Risk Early-2025 Cash Flow Risks And Bolster Financial Flexibility

WIIM

CGEM

Cullinan Therapeutics shares are trading higher. The company this week announced that clinical data from its Phase 1 trial of CLN-619 in patients with advanced solid tumors will be presented at the 2024 ASCO Annual Meeting.

Wells Fargo analyst Michael Turrin maintains Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with a Overweight and raises the price target from $480 to $500.

MSFT

Wells Fargo Maintains Overweight on Microsoft, Raises Price Target to $500

Benchmark&nbsp;analyst Mark Miller upgraded&nbsp;Western Digital Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) from Hold to Buy and a&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/WDC/analyst-ratings" rel="noreferrer noopener">$85&nbsp;price target</a>.
Miller said Western Digital produced&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38447222/western-digital-q3-earnings-revenue-beat-higher-asp-upbeat-q4-guidance-and-more" rel="noreferrer noopener">significant upside results</a>, driven by improving flash pricing and nearline drive sales.&nbsp;
He noted continued improvements in NAND pricing and Nearline sales as 2024 progresses.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37968399/western-digital-poised-for-breakout-analyst-sees-10-estimate-beat-and-powerful-nand" rel="noreferrer noopener">Western Digital Poised For Breakout, Analyst Sees 10% Estimate Beat And Powerful NAND&nbsp;Recovery</a>
Miller now projects fiscal 2025 adjusted EPS of $6.84 on sales of $16.5 billion.&nbsp;
Western Digital's third-quarter adjusted EPS of $0.63 was an upside to investor expectations by $0.58, while sales of $3.46 billion were $100 million above investor expectations, the analyst stated.
HDD sales were up 28.2% sequentially and 17.1% year over year to $1.75 billion. Improving nearline sales aided results driven by&nbsp;hyperscale&nbsp;customers. Shipments of 24 TB and 28 TB SMR drives represented 50% of Nearline shipments, he noted.
Driven by higher ASPs, flash sales grew by 2.4% sequentially to $1.71 billion and were up by 30.5% year over year. Miller added that&nbsp;NAND ASPs sequentially increased by 18% on both a like-for-like and blended basis.
Cloud sales were up 43.1% year over year and 27.2% year over year to $1.53 billion, representing 44% of total sales. HDD ASPs increased by $23 sequentially to $145. Miller said the sequential growth&nbsp;was attributed&nbsp;to higher Nearline shipments and better pricing.
Client sales grew by 4.6% year over year to $1.17 billion and by 20.4% sequentially, representing 34% of March quarter sales. An increase in flash ASPs was more than offset by a decline in flash shipments.&nbsp;
Miller said the Y/Y increase&nbsp;was driven&nbsp;by growth in both flash and HDD ASPs and flash bit shipments.
Consumer sales fell 13% sequentially to $0.73 billion but were up 17.2% year over year. Flash and HDD were down by approximately similar rates and in line with seasonality.&nbsp;Miller added that the year-over-year increase&nbsp;was driven&nbsp;by&nbsp;growth in&nbsp;flash bit shipments and ASPs.
March quarter adjusted gross margins were 29.3% versus 15.5% in&nbsp;the&nbsp;December&nbsp;quarter.&nbsp;HDD adjusted&nbsp;gross margins sequentially improved from 24.8% to 31.1%, while&nbsp;Flash adjusted&nbsp;gross margins&nbsp;sequentially&nbsp;improved&nbsp;from 7.9% to 27.4%.&nbsp;
Miller projected fourth-quarter revenue and EPS of $3.75 billion and $1.17.
Western Digital stock gained over 113% in the last 12 months.&nbsp;Investors can gain exposure to the stock via&nbsp;IShares Future&nbsp;Cloud 5G And Tech ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDAT#NYSE">IDAT</a>) and&nbsp;Columbia ETF&nbsp;Trust I Columbia Seligman Semiconductor And Technology ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMI#NYSE">SEMI</a>).
Price Actions: WDC shares traded higher by 1.87% at $70.74 on the last check Friday. 
Photo via Wikimedia Commons

Upgrades

Tech

IDAT

SEMI

Western Digital Analyst Highlights Growth in Nearline Drive and NAND Market Recovery, Upgrades Stock

Wells Fargo analyst Aaron Rakers maintains Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) with a Equal-Weight and lowers the price target from $43 to $38.

INTC

Wells Fargo Maintains Equal-Weight on Intel, Lowers Price Target to $38

HC Wainwright &amp; Co. analyst Emily Bodnar reiterates Purple Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPBT#NASDAQ">PPBT</a>) with a Buy and maintains $10 price target.