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Terra Income Fund 6, LLC 7.00% Notes due 2026

<p><strong>Applied Therapeutics Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aplt#NASDAQ">APLT</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.</p>
<p>The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.</p>
<p>As such, the Zacks rating upgrade for Applied Therapeutics is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.</p>
<p>Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Applied Therapeutics imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for Applied Therapeutics</h2>
<p>For the fiscal year ending December 2024, this company is expected to earn -$0.84 per share, which is a change of 40.9% from the year-ago reported number.</p>
<p>Analysts have been steadily raising their estimates for Applied Therapeutics. Over the past three months, the Zacks Consensus Estimate for the company has increased 18.6%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of Applied Therapeutics to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340046/all-you-need-to-know-about-applied-therapeutics-aplt-rating-upgrade-to-buy?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340046">To read this article on Zacks.com click here.</a></p>


Biotech

Earnings

News

Upgrades

Small Cap

Markets

Analyst Ratings

Trading Ideas

General

APLT

All You Need to Know About Applied Therapeutics Rating Upgrade to Buy

<p><strong>BMO Capital Markets</strong> initiated coverage on <strong>OneStream Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OS#NASDAQ">OS</a>), an enterprise Finance <a target="_blank" href="https://www.benzinga.com/quote/OS" rel="noreferrer noopener">management platform provider</a>.</p>
<p>&#8220;We see OneStream positioned to gain share thanks to strength in data management, consolidation, and Artificial Intelligence/Machine Learning (AI/ML), which help differentiate it against a crowded field of both legacy and modern competitors, with broader ERP and financial application cloud migrations a tailwind.&#8221;</p>
<p><strong>Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/08/40447227/onestreams-ai-integration-expanding-cfo-platform-and-high-retention-rate-poised-to-fuel-strong-marke" rel="noreferrer noopener">OneStream&#8217;s AI Integration, Expanding CFO Platform, and High Retention Rate Poised to Fuel Strong Market Growth, Analysts Say</a>.</strong></p>
<p>In a mixed landscape for &#8220;back-office&#8221; software spending, BMO Capital identifies a promising opportunity to exceed forecasts through new client acquisitions.</p>
<p>Additionally, recent discussions with several OneStream customers indicate significant potential to expand usage with new applications, which could maintain an NRR of around 110%. Together, these factors point to a compelling &#8220;beat and raise&#8221; scenario for both revenue and profit in the short term.</p>
<p>The analyst writes that the companies in the back-office sector are rapidly integrating new AI tools, but OneStream is already delivering value to its clients. Its Sensible ML product, while still in the early stages of adoption, is proving to be a powerful resource for enhancing business forecasting.</p>
<p>The analyst has initiated coverage on OneStream with an Outperform rating and <a target="_blank" href="https://www.benzinga.com/quote/OS/analyst-ratings" rel="noreferrer noopener">price target of $38</a>.</p>
<p>BMO Capital projects double-digit growth in the enterprise performance management software market, currently valued at around $7 billion. This growth is driven by the shift of ERP systems to the cloud, ongoing potential to capture market share from Excel-based workflows, and the opportunity to broaden use cases both within and outside the finance suite.</p>
<p>The analyst notes that the company&#8217;s estimate of a roughly $50 billion global market opportunity is credible, backed by their seat-based, bottom-up analysis. With less than 2% market share currently, this suggests a strong long-term growth potential, though the company will need to broaden its use cases over time steadily.</p>
<p><strong>Price Action:</strong> OS stock is up 4.31% at $33.96 at last check Monday.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/24/09/40986267/ge-aerospace-takes-flight-with-ai-wingmate-boosts-innovation-employee-productivity-with-microsof" target="_blank" rel="noreferrer noopener">GE Aerospace Takes Flight With AI Wingmate: Boosts Innovation, Employee Productivity With Microsoft&#8217;s Azure AI</a>.</strong></li>
</ul>


Analyst Color

Initiation

Movers

Strong Market Opportunities For OneStream Amid Rising Demand for AI-Driven Financial Solutions, Analyst Says

<p><strong>KBC Group SA</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/kbcsy#OTC">KBCSY</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.</p>
<p>The sole determinant of the Zacks rating is a company&#39;s changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.</p>
<p>Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.</p>
<p>As such, the Zacks rating upgrade for KBC Group is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That&#39;s partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.</p>
<p>For KBC Group, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company&#39;s underlying business. And investors&#39; appreciation of this improving business trend should push the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for KBC Group</h2>
<p>This company is expected to earn $5.93 per share for the fiscal year ending December 2024, which represents a year-over-year change of 36.3%.</p>
<p>Analysts have been steadily raising their estimates for KBC Group. Over the past three months, the Zacks Consensus Estimate for the company has increased 4%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of KBC Group to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340047/kbc-group-kbcsy-upgraded-to-buy-here-s-what-you-should-know?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340047">To read this article on Zacks.com click here.</a></p>


Large Cap

KBCSY

KBC Group Upgraded to Buy: Here's What You Should Know

<p>A group of Minecraft players spent the last four years constructing an astonishing one-to-one scale replica of <a href="https://www.benzinga.com/topic/new-york-city">New York City. </a></p>
<p>Reddit user d3_cent (<a href="https://www.ign.com/articles/minecraft-players-build-staggering-11-recreation-of-new-york-city">via</a> IGN) showcased the project. It captures iconic landmarks like the Brooklyn Bridge and Battery Park, offering a digital homage to one of the world&#8217;s most famous cities.</p>
<p>Although the build is expansive, d3_cent notes that approximately 68% of lower Manhattan is currently complete.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/general/entertainment/24/05/39096394/minecraft-series-coming-to-major-streaming-platform-microsofts-hit-game-thrives">&#8216;Minecraft&#8217; Series Coming To Major Streaming Platform: Microsoft&#8217;s Hit Game Thrives</a></strong></p>
<h3 class="wp-block-heading">A Labor Of Love</h3>
<p>The scale and detail of the project are nothing short of extraordinary. According to d3_cent: &#8220;It&#8217;s exact. Every building has been manually recreated, [with] the right amount of windows, correct window detailing, trash cans where they are in real life, road signs, stop signs, everything.&#8221; </p>
<p>Beyond the visible landmarks, the project extends underground, featuring a carefully crafted subway system that mirrors the complexity of New York&#8217;s mass transit network.</p>
<p>Even the depth of the surrounding waters has been accurately represented, showcasing the builders' commitment to authenticity. So far, the focus has been predominantly on exteriors. But some interiors of notable buildings have also been recreated, adding depth to the virtual experience.</p>
<h3 class="wp-block-heading">Collaborative Effort</h3>
<p>The project has attracted thousands of contributors, illustrating the collaborative spirit that defines the Minecraft community. </p>
<p>However, with so much work required to realize the full vision of New York City, d3_cent encourages others to join in: &#8220;We&#8217;re always looking for more contributors.&#8221; </p>
<h3 class="wp-block-heading">Minecraft&#8217;s Enduring Popularity</h3>
<p><strong>Microsoft Corp.</strong>&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Minecraft remains the best-selling video game of all time, boasting an impressive 300 million copies sold since its release 15 years ago. </p>
<p>Its enduring popularity is largely attributed to its emphasis on creativity, which continues to offer players limitless possibilities. Recently, developer Mojang announced an end to PlayStation VR support; however, the PS5 version of the game was finally released in preview form in June, ensuring the game remains accessible to a wide audience.</p>
<h3 class="wp-block-heading"><strong>Check Out The Incredible New York Replica Made In Minecraft</strong></h3>
<p><figure class="wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="reddit-embed-bq" style="height:500px" ><p><a href="https://www.reddit.com/r/Minecraftbuilds/comments/1fmoxbh/nyc_in_minecraft_11_scale/">NYC in Minecraft 1:1 Scale</a><br /> by<a href="https://www.reddit.com/user/d3_cent/">u/d3_cent</a> in<a href="https://www.reddit.com/r/Minecraftbuilds/">Minecraftbuilds</a></p></blockquote>
<script async src="https://embed.reddit.com/widgets.js" charset="UTF-8"></script></div>
<p></p></figure></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/general/gaming/23/10/35274750/minecraft-celebrates-15-years-hits-a-monumental-benchmark-whats-the-magic-number">Minecraft Celebrates 15 Years, Hits A Monumental Benchmark: What&#8217;s The Magic Number?</a></li>
</ul>


Gaming

MSFT

Minecraft Players Bring New York City To Life: Check Out Stunning Images Of Digital Replica

<p>Former U.S. President <strong>Donald Trump</strong> has seen a <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40860002/heres-how-much-donald-trumps-crypto-portfolio-is-down-from-the-top-spoiler-its-millions-an">significant boost in his cryptocurrency portfolio</a>, with a net gain of $838,210 since the start of September, according to data from Arkham Intelligence.</p>
<p>As of Sep. 23, Trump&#8217;s crypto holdings are <a href="https://platform.arkhamintelligence.com/explorer/entity/donald-trump">valued </a>at $5.91 million, up from $5.07 million on September 1. The majority of this increase can be attributed to the rise in the price of Ethereum and Wrapped Ethereum, alongside other notable holdings in his portfolio.</p>
<h3 class="wp-block-heading">Ethereum And Wrapped Ethereum Drive Trump's Portfolio Growth</h3>
<p><strong>Ethereum </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) has been a standout performer in Trump's portfolio, with 493.777 ETH currently valued at $1.33 million, reflecting a gain of over $52,000 in the past month. </p>
<p>Additionally, his 478.107 <strong>Wrapper Ether</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WETH</a>) has appreciated to $1.28 million, adding another $49,870 to his portfolio&#8217;s overall growth.</p>
<p>The price of Ethereum has surged, with the cryptocurrency trading at $2,680, up by about 15% over the last two weeks.</p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40989296/ethereum-outshines-bitcoin-after-u-s-federal-reserve-rate-cut-but-heres-how-volatility-cou">Ethereum Outshines Bitcoin After U.S. Federal Reserve Rate Cut, But Here&#8217;s How Volatility Could Crash The Party</a></strong></p>
<p>Another notable asset in Trump's portfolio is <strong>GUA</strong> (CRYPTO: GUA), which has seen a dramatic rise in value, going from $175.90K at the beginning of the month to $1.38 million by Sep. 23. This sharp increase is driven by the rising price of GUA tokens, contributing significantly to his overall portfolio growth.</p>
<h3 class="wp-block-heading">Altcoin Holdings and Stable Assets</h3>
<p>Trump also holds various altcoins, including 579,290 <strong>TRUMP </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) tokens valued at $1.05 million and 137,390 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) stablecoins, providing a more stable component to his portfolio.</p>
<p>His collection of 10 million <strong>FIGHT </strong>(CRYPTO: FIGHT) tokens and 29,960 <strong>CONAN </strong>(CRYPTO: CONAN) tokens, though not the largest contributors, indicate a diverse range of assets in his holdings.</p>
<p>The ongoing success of Trump&#8217;s crypto portfolio will be a key topic at Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19, where industry leaders and experts will explore the future of digital currencies, blockchain technology, and their role in shaping global financial markets.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985461/china-controls-55-of-bitcoin-hashrate-despite-crypto-ban-but-the-us-is-catching-up">China Controls 55% Of Bitcoin Hashrate Despite Crypto Ban, But The US Is Catching Up</a></strong></li>
</ul>
<p><em>This article was previously published by Benzinga and has been updated.</em></p>


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

Cryptocurrency

$ETH

$TRUMP

$USDC

$WETH

Donald Trump's Crypto Portfolio Surges By Over $800K In September

<p><strong>Amphenol</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aph#NYSE">APH</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.</p>
<p>The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.</p>
<p>As such, the Zacks rating upgrade for Amphenol is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.</p>
<p>Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Amphenol imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for Amphenol</h2>
<p>For the fiscal year ending December 2024, this maker of fiber-optic products is expected to earn $1.76 per share, which is a change of 16.6% from the year-ago reported number.</p>
<p>Analysts have been steadily raising their estimates for Amphenol. Over the past three months, the Zacks Consensus Estimate for the company has increased 4%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of Amphenol to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340058/all-you-need-to-know-about-amphenol-aph-rating-upgrade-to-buy?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340058">To read this article on Zacks.com click here.</a></p>


All You Need to Know About Amphenol Rating Upgrade to Buy

<p><strong>Dana</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dan#NYSE">DAN</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>The Zacks rating relies solely on a company&#39;s changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.</p>
<p>The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.</p>
<p>As such, the Zacks rating upgrade for Dana is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That&#39;s partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.</p>
<p>Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Dana imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for Dana</h2>
<p>For the fiscal year ending December 2024, this automotive equipment supplier is expected to earn $0.98 per share, which is a change of 16.7% from the year-ago reported number.</p>
<p>Analysts have been steadily raising their estimates for Dana. Over the past three months, the Zacks Consensus Estimate for the company has increased 34.2%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of Dana to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340057/dana-dan-upgraded-to-buy-what-does-it-mean-for-the-stock?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340057">To read this article on Zacks.com click here.</a></p>


Dana Upgraded to Buy: What Does It Mean for the Stock?

<p>As if adulterating drugs with <a href="https://www.benzinga.com/topic/fentanyl">fentanyl</a> were not enough, an industrial chemical known as bis(2,2,6,6-tetramethyl-4-piperidyl) sebacate, or <strong>BTMP</strong>S, is now appearing in illicit <a href="https://www.benzinga.com/topic/fentanyl">fentanyl across the U.S. </a></p>
<p>Originally used in plastics for UV protection, BTMPS has been detected in fentanyl samples marking a disturbing shift in the drug supply, raising alarms among health researchers.</p>
<h3 class="wp-block-heading"><strong>Tens Of Thousands Potentially Exposed To BTMPS</strong></h3>
<p>In a recent preprint <a href="https://www.medrxiv.org/content/10.1101/2024.09.13.24313643v1">study</a>, researchers from UCLA and other institutions found that about a quarter of drug samples sold as fentanyl contained BTMPS. This rapid integration of BTMPS into the drug supply represents one of the most abrupt shifts observed in recent times.</p>
<ul>
<li><strong><em>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter </em></strong><a href="https://newsletteremail.benzinga.com/subscribe"><strong><em>here</em></strong></a><strong><em>. If you&#8217;re serious about the business, you can&#8217;t afford to miss out.</em></strong></li>
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</ul>
<p>Tens of thousands might be affected, as </p>
<p>BTMPS-detected fentanyl jumped from zero instances in L.A. in June to 41% by August, the Los Angeles Times <a href="https://www.latimes.com/california/story/2024-09-16/an-industrial-chemical-is-being-mixed-with-fentanyl">reported</a>.</p>
<p>UCLA assistant professor <strong>Chelsea Shover</strong> speculates that drug manufacturers might be adding BTMPS in the supply chain. This is to potentially stabilize the drugs against degradation from light or heat.</p>
<h3 class="wp-block-heading"><strong>Expert Links BTMPS Surge To Failed War On Drugs</strong></h3>
<p><strong>Nicolas Tentoni</strong>, from the Department of Pharmacology and Toxicology at the University of Buenos Aires and a member of the Harm Reduction Association of Argentina (ARDA), offers a broader perspective on the issue. He attributes the rise in dangerous adulterants like BTMPS to the ongoing War on Drugs. </p>
<p>&#8220;The emergence of adulterants or substitutes in the illegal drug market is a direct consequence of criminalizing drug use and pushing the trade underground,&#8221; Tentoni explains to Benzinga. </p>
<p><strong>Read Also: </strong><a href="https://www.benzinga.com/markets/cannabis/24/07/39912563/exclusive-this-new-harm-reduction-group-wants-home-testing-kits-available-for-all-drugs"><strong>EXCLUSIVE &#8211; This New Harm Reduction Group Wants Home Testing Kits Available For All Drugs</strong></a></p>
<p>"BTMPS&#8217;s toxicological profile includes blocking L-type calcium channels and inhibiting nicotinic acetylcholine receptors," Tentoni details. &#8220;Its potential to cause hemodynamic changes and cardiovascular disturbances exacerbates the already dangerous nature of adulterated fentanyl."</p>
<h3 class="wp-block-heading"><strong>Testing Programs Key To Life-Saving Harm Reduction Strategies</strong></h3>
<p>Expanded drug-testing programs have proven effective in regions where they are available, Tentoni says. They allow users to make safer choices by identifying dangerous adulterants before consumption. </p>
<p>This approach, he argues, could significantly mitigate the health risks posed by these unpredictable chemical adulterants.</p>
<h3 class="wp-block-heading"><strong>No Rapid Tests for BTMPS Yet, Nor Drug Policy Reform</strong></h3>
<p>Currently, there are no rapid test strips available to detect BTMPS as there are for fentanyl, nor is it routinely screened for by healthcare professionals, the Los Angeles Times notes. </p>
<p>This lack of detection means that many individuals may unknowingly experience harmful effects from this chemical, further intensifying the crisis within the illicit drug market.</p>
<p>As the drug landscape becomes increasingly perilous, the increased harms of prohibitionist policies demand urgent drug policy reform. In the meantime, <a href="https://www.benzinga.com/markets/cannabis/23/12/36160414/coca-leaf-extract-cocaine-safe-supply-grasping-potentials-with-sector-incubators-president-ronan">safe supply</a> and comprehensive <a href="https://www.benzinga.com/markets/cannabis/24/06/39470316/un-health-officials-new-report-calls-for-end-to-drug-war-harm-reduction-scientific-approach-to-d">harm reduction</a> strategies become more critical than ever.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/01/36695680/i-got-treated-like-i-was-human-says-one-of-2-8k-participants-of-overdose-prevention-centers-that"><strong>&#8216;I Got Treated Like I Was Human,&#8217; Says One Of 2.8K Participants Of Overdose Prevention Centers That Save Hundreds Of Lives</strong></a></li>
</ul>
<p><em>Image generated with AI tools.</em></p>


Cannabis

Government

Regulations

Fentanyl Laced With Toxic Chemical BTMPS Raises Alarms Nationwide, Experts Warn Of Danger

<p>Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher.</p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price&nbsp;&nbsp;&nbsp;&nbsp;</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$63,449.64</td>
<td>&nbsp;+0.6%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$2,685.90&nbsp;&nbsp;</td>
<td>&nbsp;+4%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>&nbsp;$144.14</td>
<td>&nbsp;-0.3%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.1073</td>
<td>&nbsp;+0.7%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00001456&nbsp;&nbsp;</td>
<td>&nbsp;+0.2%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Notable Statistics:</strong></p>
<ul>
<li>IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses. Transactions greater than $100,000 are down from 5,957 to 5,516 in a single day. Exchanges netflows decreased by 100%.</li>
<li>Coinglass data reports 61,844 traders liquidated in the past 24 hours for $172.46 million. Bitcoin's open interest stands at $34.6 billion, the highest level since Aug. 26.</li>
<li>Crypto chart analyst Ali Martinez <a href="https://x.com/ali_charts/status/1838062986885513680">compares</a> Bitcoin's performance to history and is curious if it will repeat. "Bitcoin gained +61% in Q4 of 2016 and +171% in 2020."</li>
</ul>
<p><strong>Notable Developments:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40989296/ethereum-outshines-bitcoin-after-u-s-federal-reserve-rate-cut-but-heres-how-volatility-cou">Ethereum Outshines Bitcoin After U.S. Federal Reserve Rate Cut, But Here&#8217;s How Volatility Could Crash The Party</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985461/china-controls-55-of-bitcoin-hashrate-despite-crypto-ban-but-the-us-is-catching-up">China Controls 55% Of Bitcoin Hashrate Despite Crypto Ban, But The US Is Catching Up</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40983160/donald-trump-sees-good-future-for-crypto-suggests-it-could-help-pay-off-35-trillion-nation">Donald Trump Sees &#8216;Good Future&#8217; For Crypto, Suggests It Could Help Pay Off $35 Trillion National Debt</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985125/bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on">Bitcoin&#8217;s On-Chain Metrics Are Turning Bullish: What Is Going On?</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40976413/bitcoin-etf-surge-in-pre-market-as-king-crypto-hits-63-500">Bitcoin ETF Surge In Pre-Market As King Crypto Hits $63,500</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985124/polymarket-traders-predict-45-chance-of-no-prison-time-for-former-ftx-ceo-caroline-ellison">Polymarket Traders Predict 45% Chance Of No Prison Time For Former FTX CEO Caroline Ellison</a></li>
</ul>
<p><strong>Top Gainers:</strong></p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td><strong>Cryptocurrency</strong></td>
<td><strong>Price&nbsp;&nbsp;&nbsp;&nbsp;</strong></td>
<td><strong>Gains +/-</strong></td>
</tr>
<tr>
<td>Bittensor (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TAO</a>)</td>
<td>&nbsp;$542.67</td>
<td>&nbsp;+17.5%</td>
</tr>
<tr>
<td>Arweave (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">AR</a>)</td>
<td>&nbsp;$22.54</td>
<td>&nbsp;+16.2%</td>
</tr>
<tr>
<td>Popcat (SOL) (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POPCAT</a>)</td>
<td>&nbsp;$0.9648</td>
<td>&nbsp;+15.9%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Trader Notes: </strong> With Bitcoin prices trading relatively flat, Rekt Capital <a href="https://x.com/rektcapital/status/1838269432960843880">sees</a> &#8220;breakout time&#8221; on the horizon. He added that historically, Bitcoin has broken out from its re-accumulation range 154-161 days after the halving (157 days currenlty).</p>
<p>Martinez highlighted the double-bottom pattern formed on Bitcoin's chart.</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">From this angle, it seems like <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> has formed a double-bottom pattern! <a href="https://t.co/xTs8SumI5k">pic.twitter.com/xTs8SumI5k</a></p>
<p>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1838270353623457874?ref_src=twsrc%5Etfw">September 23, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p>Crypto trader Mayne explains that Bitcoin reached the previous lower high in previous price rallies before fully retracing. The main difference is that it&#8217;s coming off a potentially higher low, signaling a possible trend reversal. He added, "bears have limited time to push the price back down."</p>
<p>He <a href="https://x.com/Tradermayne/status/1838244402373734840">concluded</a>, "Uptober looming, should be exciting."</p>
<p>Another trader marked "how important the reclaim of key horizontal $63,905 will be" and he predicts another throwback before BTC actually reclaims this level.</p>
<p>He stressed that a primed throwback target would be $60,200 horizontal.</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Bitcoin LTF Update <br /><br />I told you many times how important the reclaim of key horizontal $63905 will be. <br /><br />As you can see textbook resistance once again. Expecting another throwback before BTC actually reclaims this level. <br /><br />Primed throwback target would be $60,2k horizontal.… <a href="https://t.co/LffkzZeIyJ">pic.twitter.com/LffkzZeIyJ</a></p>
<p>&mdash; ANBESSA (@Anbessa100) <a href="https://twitter.com/Anbessa100/status/1838258957821042867?ref_src=twsrc%5Etfw">September 23, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p><strong>What&#8217;s Next</strong>: 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.</p>
<p><strong>Read Next:&nbsp;</strong></p>
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985125/bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on">Bitcoin&#8217;s On-Chain Metrics Are Turning Bullish: What Is Going On?</a></li>
</ul>
<p><em>Image: Shutterstock</em></p>


$BTC

$DOGE

$POPCAT

$SHIB

$SOL

$TAO

Bitcoin, Ethereum, Dogecoin Holding On To Gains, Trader Sees $63,905 As 'Reclaim Of Key Horizontal'

<p>Homebuilder <strong>KB Home</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) could provide a look at how healthy the sector is and what the 2024 election and a recent <a href="https://www.benzinga.com/topic/interest-rates">Federal Reserve rate cut</a> mean for the company when third-quarter earnings are reported Tuesday after market close.</p>
<p><strong>Earnings Estimates: </strong>Analysts expect KB Home to report third-quarter revenue of $1.73 billion, up from $1.59 billion in last year's third quarter, according to data<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092324&amp;t=be2bearmibe3na1"> from Benzinga Pro.</a></p>
<p>The company has beaten analyst revenue estimates in six straight quarters and seven of the last 10 quarters.</p>
<p>Analysts expect the company to report earnings per share of $2.06 compared to $1.80 in last year's third quarter. The company has beaten earnings estimates in six straight quarters and eight of the last 10 quarters.</p>
<p>The earnings report comes as KB Home shares are up 42% year-to-date in 2024, as seen on the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092324&amp;t=be2bearmibe3na1"> Benzinga Pro chart </a>below.</p>
<p><figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/23143338/Screenshot-188.png" alt="" class="wp-image-561762" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/23143338/Screenshot-188.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/23143338/Screenshot-188-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/23143338/Screenshot-188-768x386.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure></p>
<p><strong>Analyst Ratings:</strong> Several analysts have upgraded their ratings and price targets on KB Home stock ahead of the earnings report. Here are the most recent analyst ratings on the stock.</p>
<ul>
<li>Bank of America: Maintained Neutral rating, raised price target from $75 to $90.</li>
<li>Wedbush: Reiterated Neutral rating with a $67 price target.</li>
<li>Wells Fargo: Maintained Equal Weight rating, raised price target from $70 to $80.</li>
<li>RBC Capital: Downgraded from Sector Perform to Underperform with $70 price target.</li>
<li>Goldman Sachs: Maintained Neutral rating, raised price target from $72 to $82.</li>
</ul>
<p><strong>Read Also: <a href="https://www.benzinga.com/news/earnings/24/09/40979493/how-to-earn-500-a-month-from-kb-home-stock-ahead-of-q3-earnings">How To Earn $500 A Month From KB Home Stock Ahead Of Q3 Earnings</a></strong></p>
<p><strong>Key Items to Watch:</strong> KB Home's earnings report comes with several potential catalysts for the home building sector that will be closely watched going forward.</p>
<p>The Federal Reserve recently <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">announced a rate cut</a>, and more reductions are anticipated. The trickle-down effect will see mortgage rates drop. Recent declines in mortgage rates have led to increases in refinancing and more consumers looking for new homes.</p>
<p>KB Home is expected to address, or field analyst questions on, how rate cuts could impact demand and the outlook for new home supply.</p>
<p>"Buyers remained resilient in their desire for homeownership despite the volatility in mortgage interest rates. Our pace of monthly net orders per community was one of our highest second quarter levels in many years," KB Home CEO<strong> Jeffrey Mezger</strong> said of <a href="https://www.benzinga.com/news/earnings/24/06/39390139/kb-home-shares-climb-after-better-than-expected-q2-results">second-quarter results.</a></p>
<p>The earnings report comes less than two months before the 2024 presidential election. Vice President <strong>Kamala Harris</strong> recently highlighted plans to <a href="https://www.benzinga.com/general/politics/24/08/40424431/harris-warns-trump-tax-plan-will-devastate-americans-vows-to-go-after-bad-actors-behind-food-pri">build millions of homes </a>and support first-time homebuyers as key initiatives to boost the economy.</p>
<p>Under these policies, the company could benefit from a Harris presidency, and commentary could show whether the stock could gain value depending on the 2024 election outcome.</p>
<p><strong>KBH Price Action:</strong> KB Home shares trade at $88.15 on Monday, versus a 52-week trading range of $42.11 to $89.70.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40928301/interest-rates-in-free-fall-what-it-means-for-mortgages-credit-cards-and-your-wallet-a">Interest Rates In Free-Fall: What It Means For Mortgages, Credit Cards And Your Wallet As The Federal Reserve Springs Into Action For First Time In 4 Years</a></strong></li>
</ul>
<p><em>Image created using artificial intelligence via Midjourney.</em></p>


Previews

Real Estate

KB Home Q3 Earnings Preview: Analysts Anticipate Revenue Growth — Will Investors Hear About Rate Cuts, 2024 Election?

<p><strong>Americold Realty Trust Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cold#NYSE">COLD</a>) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.</p>
<p>Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.</p>
<p>As such, the Zacks rating upgrade for Americold Realty Trust is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.</p>
<p>Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Americold Realty Trust imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for Americold Realty Trust</h2>
<p>For the fiscal year ending December 2024, this company is expected to earn $1.48 per share, which is a change of 16.5% from the year-ago reported number.</p>
<p>Analysts have been steadily raising their estimates for Americold Realty Trust. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.1%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of Americold Realty Trust to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340054/americold-realty-trust-cold-upgraded-to-buy-what-does-it-mean-for-the-stock?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340054">To read this article on Zacks.com click here.</a></p>


Mid Cap

COLD

Americold Realty Trust Upgraded to Buy: What Does It Mean for the Stock?

WIIM

ALTM

AMLI

LITH

Shares of lithium companies are trading higher. The US Department of Energy selected Standard Lithium and Equinor for an award negotiation of up to $225 million for the South West Arkansas project.

<p>Investors might want to bet on <strong>Camden National</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cac#NASDAQ">CAC</a>), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.</p>
<p>The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.</p>
<p>Therefore, the Zacks rating upgrade for Camden National basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.</p>
<p>For Camden National, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company&#39;s underlying business. And investors&#39; appreciation of this improving business trend should push the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for Camden National</h2>
<p>This bank is expected to earn $3.33 per share for the fiscal year ending December 2024, which represents a year-over-year change of -8.3%.</p>
<p>Analysts have been steadily raising their estimates for Camden National. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.4%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of Camden National to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340062/what-makes-camden-national-cac-a-new-strong-buy-stock?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340062">To read this article on Zacks.com click here.</a></p>


What Makes Camden National a New Strong Buy Stock

<p>Momentum investing is all about the idea of following a stock&#39;s recent trend, which can be in either direction. In the &#39;long&#39; context, investors will essentially be &quot;buying high, but hoping to sell even higher.&quot; And for investors following this methodology, taking advantage of trends in a stock&#39;s price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.</p>
<p>Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.</p>
<p>Below, we take a look at <strong>Canadian Imperial Bank</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cm#NYSE">CM</a>), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.</p>
<p>It&#39;s also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Canadian Imperial Bank currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.</p>
<h2>Set to Beat the Market?</h2>
<p>Let&#39;s discuss some of the components of the Momentum Style Score for CM that show why this bank and financial services company shows promise as a solid momentum pick.</p>
<p>Looking at a stock&#39;s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It&#39;s also helpful to compare a security to its industry; this can show investors the best companies in a particular area.</p>
<p>For CM, shares are up 0.37% over the past week while the Zacks Banks - Foreign industry is up 1.99% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.34% compares favorably with the industry&#39;s 1.97% performance as well.</p>
<p>While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Canadian Imperial Bank have risen 29.74%, and are up 53.89% in the last year. On the other hand, the S&amp;P 500 has only moved 4.57% and 31.09%, respectively.</p>
<p>Investors should also take note of CM&#39;s average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CM is averaging 1,548,275 shares for the last 20 days.</p>
<h2>Earnings Outlook</h2>
<p>The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CM.</p>
<p>Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CM&#39;s consensus estimate, increasing from $5.05 to $5.36 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period.</p>
<h2>Bottom Line</h2>
<p>Taking into account all of these elements, it should come as no surprise that CM is a #2 (Buy) stock with a Momentum Score of B. If you&#39;ve been searching for a fresh pick that&#39;s set to rise in the near-term, make sure to keep Canadian Imperial Bank on your short list.</p>
<p><a href="https://www.zacks.com/stock/news/2340059/are-you-looking-for-a-top-momentum-pick-why-canadian-imperial-bank-cm-is-a-great-choice?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_10-2340059">To read this article on Zacks.com click here.</a></p>


Short Ideas

Are You Looking for a Top Momentum Pick? Why Canadian Imperial Bank is a Great Choice

Rumors

NBBK

Watching NB Bancorp; Shares See Volume As Traders Circulate The Stock Was Picked By A Popular Newsletter Service

<p>Financial giants have made a conspicuous bearish move on Oracle. Our analysis of options history for Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) revealed 34 unusual trades.</p>
<p>Delving into the details, we found 32% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $1,086,034, and 16 were calls, valued at $1,249,671.</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 $100.0 to $190.0 for Oracle during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Oracle's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Oracle's whale activity within a strike price range from $100.0 to $190.0 in the last 30 days. </p>
<h3>Oracle 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727119880_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</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>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$4.45</td>
<td>$4.3</td>
<td>$4.3</td>
<td>$155.00</td>
<td>$451.5K</td>
<td>1.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$7.1</td>
<td>$7.05</td>
<td>$7.05</td>
<td>$165.00</td>
<td>$369.4K</td>
<td>3.2K</td>
<td>561</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.76</td>
<td>$2.71</td>
<td>$2.71</td>
<td>$167.50</td>
<td>$144.1K</td>
<td>0</td>
<td>837</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$4.2</td>
<td>$4.15</td>
<td>$4.2</td>
<td>$170.00</td>
<td>$141.1K</td>
<td>4.7K</td>
<td>546</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$14.05</td>
<td>$12.9</td>
<td>$14.04</td>
<td>$152.50</td>
<td>$87.0K</td>
<td>95</td>
<td>62</td>
</tr>
</tbody>
</table>
</p>
<h3>About Oracle</h3>
<p>Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.</p>
<p>In light of the recent options history for Oracle, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is Oracle Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 4,549,439, the ORCL's price is down by -1.49%, now at $165.49. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 77 days.</li>
</ul>
<h3>What Analysts Are Saying About Oracle</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $165.6.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on Oracle, maintaining a target price of $145.<br />
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Oracle, targeting a price of $140.<br />
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Oracle, targeting a price of $180.<br />
&#x2A; An analyst from BMO Capital persists with their Market Perform rating on Oracle, maintaining a target price of $173.<br />
&#x2A; Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Oracle, targeting a price of $190. </p>
<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 Oracle options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

ORCL

Oracle Unusual Options Activity

<p>Deep-pocketed investors have adopted a bullish approach towards Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in RKLB usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Rocket Lab USA. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 55% leaning bullish and 22% bearish. Among these notable options, 2 are puts, totaling $204,250, and 7 are calls, amounting to $328,871.</p>
<h3>Predicted Price Range</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 $4.0 and $15.0 for Rocket Lab USA, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Rocket Lab USA's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Rocket Lab USA's significant trades, within a strike price range of $4.0 to $15.0, over the past month.</p>
<h3>Rocket Lab USA Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727119875_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</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>RKLB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.15</td>
<td>$2.05</td>
<td>$2.15</td>
<td>$7.00</td>
<td>$139.9K</td>
<td>1.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$5.1</td>
<td>$4.6</td>
<td>$5.0</td>
<td>$4.00</td>
<td>$100.0K</td>
<td>127</td>
<td>201</td>
</tr>
<tr>
<td>RKLB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$2.2</td>
<td>$2.15</td>
<td>$2.15</td>
<td>$7.00</td>
<td>$64.2K</td>
<td>1.5K</td>
<td>299</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$2.85</td>
<td>$2.65</td>
<td>$2.85</td>
<td>$12.00</td>
<td>$57.0K</td>
<td>637</td>
<td>0</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.8</td>
<td>$1.6</td>
<td>$1.72</td>
<td>$12.00</td>
<td>$51.6K</td>
<td>5.7K</td>
<td>629</td>
</tr>
</tbody>
</table>
</p>
<h3>About Rocket Lab USA</h3>
<p>Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.</p>
<p>Following our analysis of the options activities associated with Rocket Lab USA, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Rocket Lab USA</h3>
<ul>
<li>With a volume of 7,745,020, the price of RKLB is up 2.14% at $7.63. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 44 days.</li>
</ul>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<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 Rocket Lab USA options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


RKLB

Rocket Lab USA Options Trading: A Deep Dive into Market Sentiment

<p>Financial giants have made a conspicuous bearish move on ConocoPhillips. Our analysis of options history for ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 22% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $185,205, and 6 were calls, valued at $315,113.</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 $105.0 to $125.0 for ConocoPhillips during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ConocoPhillips's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ConocoPhillips's substantial trades, within a strike price spectrum from $105.0 to $125.0 over the preceding 30 days.</p>
<h3>ConocoPhillips Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727119870_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</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>COP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.55</td>
<td>$0.48</td>
<td>$0.55</td>
<td>$125.00</td>
<td>$108.6K</td>
<td>3.6K</td>
<td>1.9K</td>
</tr>
<tr>
<td>COP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.65</td>
<td>$4.5</td>
<td>$4.6</td>
<td>$105.00</td>
<td>$90.6K</td>
<td>2.5K</td>
<td>402</td>
</tr>
<tr>
<td>COP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.55</td>
<td>$4.45</td>
<td>$4.55</td>
<td>$105.00</td>
<td>$68.7K</td>
<td>2.5K</td>
<td>151</td>
</tr>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/25/24</td>
<td>$1.34</td>
<td>$1.2</td>
<td>$1.3</td>
<td>$114.00</td>
<td>$66.9K</td>
<td>22</td>
<td>516</td>
</tr>
<tr>
<td>COP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$2.09</td>
<td>$2.05</td>
<td>$2.05</td>
<td>$110.00</td>
<td>$46.6K</td>
<td>4.3K</td>
<td>311</td>
</tr>
</tbody>
</table>
</p>
<h3>About ConocoPhillips</h3>
<p>ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.</p>
<p>In light of the recent options history for ConocoPhillips, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of ConocoPhillips</h3>
<ul>
<li>Currently trading with a volume of 5,277,196, the COP's price is up by 0.14%, now at $110.02. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 38 days.</li>
</ul>
<h3>What The Experts Say On ConocoPhillips</h3>
<p>A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $139.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on ConocoPhillips with a target price of $140.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for ConocoPhillips, targeting a price of $129.<br />
&#x2A; Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on ConocoPhillips with a target price of $147.<br />
&#x2A; An analyst from RBC Capital downgraded its action to Outperform with a price target of $140. </p>
<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 ConocoPhillips with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Check Out What Whales Are Doing With COP

<p><strong>V2X</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vvx#NYSE">VVX</a>) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.</p>
<p>The sole determinant of the Zacks rating is a company&#39;s changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.</p>
<p>The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.</p>
<p>Therefore, the Zacks rating upgrade for V2X basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.</p>
<h2>Most Powerful Force Impacting Stock Prices</h2>
<p>The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.</p>
<p>For V2X, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company&#39;s underlying business. And investors&#39; appreciation of this improving business trend should push the stock higher.</p>
<h2>Harnessing the Power of Earnings Estimate Revisions</h2>
<p>Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<h2>Earnings Estimate Revisions for V2X</h2>
<p>For the fiscal year ending December 2024, this government services company is expected to earn $4.11 per share, which is a change of 9.9% from the year-ago reported number.</p>
<p>Analysts have been steadily raising their estimates for V2X. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.6%.</p>
<h2>Bottom Line</h2>
<p>Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.</p>
<p>The upgrade of V2X to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.</p>
<p><a href="https://www.zacks.com/stock/news/2340061/v2x-vvx-upgraded-to-buy-here-s-what-you-should-know?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2340061">To read this article on Zacks.com click here.</a></p>


V2X Upgraded to Buy: Here's What You Should Know

<p>FTAI Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) has outperformed the market over the past 5 years by 44.29% on an annualized basis producing an average annual return of 58.3%. Currently, FTAI Aviation has a market capitalization of $13.43 billion. </p>
<p><strong>Buying $100 In FTAI:</strong> If an investor had bought $100 of FTAI stock 5 years ago, it would be worth <strong>$987.58</strong> today based on a price of $131.40 for FTAI at the time of writing.</p>
<h3>FTAI Aviation's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727119815_0.png" alt="comp_fig" /></p>
<p>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.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


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