Cactus (NYSE:WHD) Stock, Quote.Headers.trade-ideas

Cactus

Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. The company has two operating segments; Pressure Control , which generates key revenue and Spoolable Technologies.

Earnings

Earnings Beats

News

Markets

Analyst Ratings

Trading Ideas

Cactus, Inc. (NYSE: WHD) reported second-quarter 2024 adjusted earnings of 81 cents per share, which beat the Zacks Consensus Estimate of 70 cents. However, the bottom line declined from the year-ago quarter&#39;s 84 cents.

Cactus Surpasses Q2 Earnings and Revenue Estimates

Movers

AGRI

AILE

BCDA

CELH

CLEU

CMLS

CRWD

DERM

EFSH

ENSV

ESPR

FCEL

GERN

GMGI

HOUS

HOVR

ICCH

LENZ

MLGO

NISN

NVAX

OPRA

PERI

PRST

RENB

ROMA

SBFM

SIFY

SKYE

SMHI

SPEC

SYNX

TELL

THAR

TNXP

TPHS

VRAX

WETH

WLDS

Why Skye Bioscience Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday&#39;s Mid-Day Session

movers

Intraday Update

KRYS

STEP

ICC Holdings, Diamond Offshore Drilling, CrowdStrike And Other Big Stocks Moving Higher On Monday

Cactus Inc

BMO Capital analyst Tim Casey maintains Rogers Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) with a Outperform and raises the price target from $67 to $70.

Price Target

BMO Capital Maintains Outperform on Rogers Communications, Raises Price Target to $70

Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) stock was trading higher Thursday after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) said it does not plan to divest its majority interest <a href="https://www.intc.com/news-events/press-releases/detail/1711/statement-regarding-mobileye" target="_blank" rel="noreferrer noopener">in the company</a>. U.S. Fed rate cut also had a bearing on the <a href="http://U.S. Federal Reserve" target="_blank" rel="noreferrer noopener">stock price movement</a>.
Intel made the statement after winning a multi-year, multi-billion-dollar U.S. chipmaking deal from existing customer Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) cloud unit and <a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" target="_blank" rel="noreferrer noopener">U.S. semiconductor grant</a>.
Intel also won up to&nbsp;$3 billion in CHIPS and Science Act funding, in addition to the $8.5 billion in grants and $11 billion in loans the struggling chipmaker previously won under the act.
Also Read: <a href="https://www.benzinga.com/news/24/09/40888884/intel-missed-out-on-playstation-6-chip-deal-to-amd-report" target="_blank" rel="noreferrer noopener">Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15.png" alt="" class="wp-image-556163" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19084609/newplot-15-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Intel stock is down 43% in the last 12 months as its foundry unit failed to capitalize on the AI shift.
Prior reports indicated Intel&#8217;s plans to divest up to 88% of its stake in the <a href="https://www.benzinga.com/m-a/24/09/40747080/intel-eyes-mobileye-stake-sale-amid-pressure-stock-slides" target="_blank" rel="noreferrer noopener">Israeli autonomous driving company</a>.
Mobileye Global stock is down 70% in the last 12 months as it slashed revenue guidance after posting a topline decline in the second quarter. The company also flagged impending challenges due to China's weak demand. 
It expects fiscal 2024 revenue of $1.60 billion–$1.68 billion below the $1.87 billion analyst estimate.
Price Action: MBLY stock is up 14.4% at $13.28 at last check Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/m-a/24/09/40926078/nvidia-considers-165m-octoai-acquisition-aims-to-strengthen-ai-and-cloud-dominance" target="_blank" rel="noreferrer noopener">Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance</a></li>
</ul>
Photo courtesy of Mobileye.

Asset Sales

Tech

AMZN

INTC

MBLY

What's Going On With Autonomous Driving Stock Mobileye Thursday?

Bulls are stampeding across Wall Street on Thursday in the wake of the Federal Reserve&#8217;s decision to cut interest rates for the first time<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"> in over four years</a>.
The central bank&#8217;s bold move, a 50-basis-point cut, caught analysts off guard and sent the U.S. stock market to fresh record highs at the opening of Thursday&#8217;s session.
The S&amp;P 500 soared to a new all-time high, reaching 5,700 points. Similarly, the Dow Jones Industrial Average climbed to an unprecedented 42,000 points.
In the first 30 minutes of trading, the S&amp;P 500 and Dow Jones rose by 1.4% and 1%, respectively. The Nasdaq 100 climbed 1.5%, although the Russell 2000, representing small-cap stocks, outperformed with a surge of over 2%.
The market rally was primarily driven by the Magnificent Seven: Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). Each of the Magnificent Seven are recording daily gains ranging from 1.5% to 4.5%, solidly in positive territory.
<h3 class="wp-block-heading">Chart: S&amp;P 500 Hits Record Highs</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="447" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155-1024x447.png" alt="" class="wp-image-556397" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155-1024x447.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155-300x131.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155-768x336.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155-1536x671.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19100943/image-155.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
<h3 class="wp-block-heading">Strong Labor Market Eases Slowdown Fears, Analysts Boost Rate-Cut Wagers</h3>
Thursday&#8217;s economic data further boosted investor confidence. Weekly jobless claims came in well below expectations, suggesting a lower-than-expected trend of rising unemployment. 
Continuing jobless claims also dropped more than expected, hinting at a potential absorption of long-term unemployed individuals into the job market. 
This data alleviated concerns about rising unemployment and provided a more optimistic outlook for the economy.
Wall Street analysts quickly adjusted their expectations following the Federal Reserve&#8217;s rate cut. There is now growing anticipation of additional rate cuts, diverging from the cautious tone expressed in the Fed&#8217;s September &#8220;dot plot&#8221; and Chair Jerome Powell&#8216;s remarks during the press conference.
Notably, Goldman Sachs economist Jan Hatzius revised his forecast from expecting a 25-basis-point cut at every other meeting to predicting a rate cut at every meeting. He even left the door open for a back-to-back 50-basis-point reduction in November.
<h3 class="wp-block-heading">Thursday&#8217;s 5 Top-Performing S&amp;P 500 Stocks</h3>
Among the S&amp;P 500, the top five performers as of 10 a.m. ET were:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-day Return</td>
</tr>
<tr>
<td>Darden Restaurants, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NASDAQ">DRI</a>) </td>
<td>7.46</td>
</tr>
<tr>
<td>Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>)</td>
<td>5.27</td>
</tr>
<tr>
<td>Cadence Design Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>)</td>
<td>4.40</td>
</tr>
<tr>
<td>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCRX#NASDAQ">LCRX</a>)</td>
<td>4.34</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>4.33</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Thursday&#8217;s 5 Top-Performing Dow Jones Industrial Average Stocks</h3>
Among the Dow Jone, the top five performers were:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-day Return</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>3.02</td>
</tr>
<tr>
<td>Salesforce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NASDAQ">CRM</a>)</td>
<td>3.01</td>
</tr>
<tr>
<td>The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</td>
<td>2.80</td>
</tr>
<tr>
<td>Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>)</td>
<td>2.71</td>
</tr>
<tr>
<td>American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>2.67</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40938732/wall-street-ramps-up-interest-rate-cut-bets-after-fed-meeting-the-hard-landing-crow">Wall Street Ramps Up Interest Rate Cut Bets After Fed Meeting: &#8216;The Hard-Landing Crowd Should Disperse,&#8217; Economist Says</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

Equities

Large Cap

Macro Economic Events

Broad U.S. Equity ETFs

Small Cap

Econ #s

Economics

Federal Reserve

ETFs

AAPL

ABNB

CDNS

GOOG

GOOGL

LCRX

MSFT

NVDA

TSLA

S&P 500, Dow Jones Hit Record Highs: Magnificent 7 Add $400 Billion After Fed's Historic Interest Rate Cut

Thursday,&nbsp;the FDA declined to approve Vanda Pharmaceuticals Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNDA#NASDAQ">VNDA</a>)&nbsp;New Drug Application (NDA) of tradipitant for symptoms in gastroparesis, providing Vanda with a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n40935243/fda-declines-to-approve-vandas-marketing-application-for-tradipitant-in-gastroparesis" rel="noreferrer noopener">Complete Response Letter (CRL)</a>.
Gastroparesis (means&nbsp;paralysis of the stomach) is&nbsp;a condition that slows down the stomach&#8217;s ability to empty its contents.
It is associated with severe nausea, vomiting, and difficulty finishing a normal meal.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39530573/whats-going-on-with-vanda-pharmaceuticals-shares-today" rel="noreferrer noopener">What&#8217;s Going On With Vanda Pharmaceuticals Shares Today?</a>
The FDA has approved no effective treatment in over 40 years.
Vanda&#8217;s tradipitant application included evidence from two placebo-controlled studies, the results of which were published in peer-reviewed journals.
The&nbsp;CRL was conclusory in nature. It generally disregarded the evidence provided and instead suggested that Vanda conduct additional studies with a design and duration inconsistent with the advice of key experts in the field and not appropriate based on the scientific understanding and natural course of the disorder.&nbsp;
Furthermore, the FDA&#8217;s action was delayed by more than 185 days and failed to satisfy the Food Drug and Cosmetic Act (FDCA) requirements.
The FDCA requires that the FDA review a new drug application and provide either an approval or an opportunity for a hearing within 180 days of submission. In this case, the FDA failed to do either.
Despite the FDA&#8217;s disappointing action,&nbsp;Vanda believes that the tradipitant application has met the substantial evidence of efficacy standard and has a favorable benefit-risk profile for gastroparesis patients.&nbsp;
While Vanda has repeatedly requested that the FDA convene an expert advisory committee to review the application and advise the Commissioner on its approvability, the FDA has refused to do so.
The company added that several patients currently treated with tradipitant have filed a Citizen Petition urging the FDA to approve tradipitant for gastroparesis.
Vanda will continue to pursue the marketing authorization for tradipitant and support the expanded access program.
Vanda plans to submit a separate NDA for tradipitant to prevent vomiting in motion sickness later this year.
Price Action: VNDA stock is down 7.68% at $4.57 at the last check on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40937317/signing-day-sports-and-swifty-global-join-forces-in-all-equity-deal-whats-on-the-cards" target="_blank" rel="noreferrer noopener">Signing Day Sports And Swifty Global Join Forces In All-Equity Deal &#8211; What&#8217;s On The Cards?</a></li>
</ul>

Biotech

Health Care

General

VNDA

FDA Strikes Off Vanda Pharmaceuticals' Tradipitant For Stomach Paralysis, Asks For Additional Studies

New offering allows employers with self-funded medical plans to manage the risk of high medical claim payouts
Prudential Financial, Inc. ((<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;,%20url=https%3A%2F%2Fwww.prudential.com%2Fabout&amp;,%20esheet=54124569&amp;,%20newsitemid=20240919373614&amp;,%20lan=en-US&amp;,%20anchor=NYSE%3A+PRU&amp;,%20index=1&amp;,%20NYSE:%3Ca%20class=">PRU</a>) has introduced a <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fprudential.scene7.com%2Fis%2Fcontent%2Fprudential%2F1081799_MedicalStopLoss_Video&amp;esheet=54124569&amp;newsitemid=20240919373614&amp;lan=en-US&amp;anchor=Stop+Loss+Insurance+product&amp;index=2&amp;md5=d31b07d257288220c647ba0a7590e606">Stop Loss Insurance product</a> aimed at helping protect companies with self-funded employee medical plans against catastrophic medical claim payouts.
With Stop Loss Insurance, employers can set a cap on their potential employee healthcare spend and transfer some of the claims volatility to The Prudential Insurance Company of America.

Prudential Financial Introduces Stop Loss Insurance, New Offering Allows Employers With Self-Funded Medical Plans To Manage The Risk Of High Medical Claim Payouts

Cantor Fitzgerald analyst Sarah James maintains Progyny (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGNY#NASDAQ">PGNY</a>) with a Overweight and lowers the price target from $37 to $25.

PGNY

Cantor Fitzgerald Maintains Overweight on Progyny, Lowers Price Target to $25

<a href="https://thebearcave.substack.com/p/problems-at-verint-systems-vrnt" title="https://thebearcave.substack.com/p/problems-at-verint-systems-vrnt">https://thebearcave.substack.com/p/problems-at-verint-systems-vrnt</a>

Short Sellers

VRNT

Watching Verint Systems; The Bear Cave Research Issues Report On Co Titled "Problems at Verint Systems (VRNT)"

Deep-pocketed investors have adopted a bullish approach towards Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</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 SNAP usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Snap. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 53% leaning bullish and 46% bearish. Among these notable options, 3 are puts, totaling $571,315, and 12 are calls, amounting to $1,019,657.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $7.0 to $12.0 for Snap over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Snap options trades today is 4280.14 with a total volume of 45,299.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Snap's big money trades within a strike price range of $7.0 to $12.0 over the last 30 days.
<h3>Snap Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726756274_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>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.31</td>
<td>$1.19</td>
<td>$1.2</td>
<td>$11.00</td>
<td>$233.1K</td>
<td>9.6K</td>
<td>4.0K</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.75</td>
<td>$1.7</td>
<td>$1.7</td>
<td>$10.00</td>
<td>$216.7K</td>
<td>3.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.7</td>
<td>$1.68</td>
<td>$1.7</td>
<td>$10.00</td>
<td>$214.4K</td>
<td>3.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$1.68</td>
<td>$1.67</td>
<td>$1.68</td>
<td>$10.00</td>
<td>$140.1K</td>
<td>3.8K</td>
<td>3.7K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.21</td>
<td>$1.19</td>
<td>$1.19</td>
<td>$11.00</td>
<td>$121.6K</td>
<td>9.6K</td>
<td>1.1K</td>
</tr>
</tbody>
</table>

<h3>About Snap</h3>
Snap owns one of the most popular social networking apps, Snapchat, claiming more than 400 million daily active users as of the end of 2023. Snap generates nearly all its revenue from advertising. While only about one quarter of users are in North America, the region accounts for about 65% of sales.
Having examined the options trading patterns of Snap, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Snap Standing Right Now?</h3>
<ul>
<li>With a trading volume of 5,954,519, the price of SNAP is up by 4.5%, reaching $10.11.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 33 days from now.</li>
</ul>
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 Snap options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

SNAP

Snap Unusual Options Activity For September 19

Whales with a lot of money to spend have taken a noticeably bearish stance on Zillow Gr.
Looking at options history for Zillow Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $102,500 and 8, calls, for a total amount of $837,013.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $80.0 for Zillow Gr, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Zillow Gr stands at 4100.0, with a total volume reaching 3,788.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Zillow Gr, situated within the strike price corridor from $60.0 to $80.0, throughout the last 30 days.
<h3>Zillow Gr Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726756269_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>Z</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.75</td>
<td>$5.65</td>
<td>$6.75</td>
<td>$61.00</td>
<td>$168.7K</td>
<td>3.3K</td>
<td style="text-align: right;">250</td>
</tr>
<tr>
<td>Z</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.25</td>
<td>$3.1</td>
<td>$3.21</td>
<td>$80.00</td>
<td>$159.4K</td>
<td>5.2K</td>
<td style="text-align: right;">771</td>
</tr>
<tr>
<td>Z</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.65</td>
<td>$6.3</td>
<td>$6.3</td>
<td>$70.00</td>
<td>$157.5K</td>
<td>15.0K</td>
<td style="text-align: right;">701</td>
</tr>
<tr>
<td>Z</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.5</td>
<td>$12.1</td>
<td>$12.1</td>
<td>$60.00</td>
<td>$152.4K</td>
<td>4.1K</td>
<td style="text-align: right;">238</td>
</tr>
<tr>
<td>Z</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$3.25</td>
<td>$2.97</td>
<td>$3.12</td>
<td>$80.00</td>
<td>$78.0K</td>
<td>5.2K</td>
<td style="text-align: right;">270</td>
</tr>
</tbody>
</table>

<h3>About Zillow Gr</h3>
Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.
Having examined the options trading patterns of Zillow Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Zillow Gr</h3>
<ul>
<li>With a volume of 1,145,368, the price of Z is up 3.92% at $67.66. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 41 days.</li>
</ul>
<h3>Professional Analyst Ratings for Zillow Gr</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $80.0.
<ul>
<li>Showing optimism, an analyst from Wedbush upgrades its rating to Outperform with a revised price target of $80. </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 Zillow Gr with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With Zillow Gr

SUA Natural Gas Storage 58B Vs 53B Est.; 40B Prior

Whales with a lot of money to spend have taken a noticeably bullish stance on Duolingo.
Looking at options history for Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 0% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $93,400 and 5, calls, for a total amount of $460,298.
<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 $220.0 to $330.0 for Duolingo over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Duolingo's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Duolingo's whale activity within a strike price range from $220.0 to $330.0 in the last 30 days. 
<h3>Duolingo Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726756263_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$13.0</td>
<td>$12.7</td>
<td>$12.7</td>
<td>$300.00</td>
<td>$203.0K</td>
<td style="text-align: right;">132</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$14.4</td>
<td>$12.9</td>
<td>$13.9</td>
<td>$330.00</td>
<td>$139.0K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$22.7</td>
<td>$19.1</td>
<td>$20.88</td>
<td>$240.00</td>
<td>$41.7K</td>
<td style="text-align: right;">228</td>
<td style="text-align: right;">23</td>
</tr>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$40.0</td>
<td>$37.9</td>
<td>$40.0</td>
<td>$220.00</td>
<td>$40.0K</td>
<td style="text-align: right;">236</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DUOL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$20.2</td>
<td>$17.3</td>
<td>$18.95</td>
<td>$270.00</td>
<td>$37.9K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About Duolingo</h3>
Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.
Following our analysis of the options activities associated with Duolingo, we pivot to a closer look at the company's own performance.
<h3>Current Position of Duolingo</h3>
<ul>
<li>With a volume of 122,338, the price of DUOL is up 4.58% at $261.69. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 48 days.</li>
</ul>
<h3>Professional Analyst Ratings for Duolingo</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $260.5.
<ul>
<li>Consistent in their evaluation, an analyst from DA Davidson keeps a Buy rating on Duolingo with a target price of $250. </li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Duolingo with a target price of $271. </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 Duolingo with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

DUOL

Spotlight on Duolingo: Analyzing the Surge in Options Activity

BMO Capital analyst Tim Casey maintains BCE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCE#NYSE">BCE</a>) with a Market Perform and raises the price target from $48 to $51.

BMO Capital Maintains Market Perform on BCE, Raises Price Target to $51

Macro Notification

iShares MSCI Israel Capped Investable Market Index Fund

ISRA

Israeli Jets Heard Flying Low Over Beirut During Hezbollah Head Speech, Carries Out Huge Sonic Booms Over Beirut

WIIM

AMAT

ASML

AVGO

ENTG

FORM

KLAC

LRCX

MCHP

MPWR

MRVL

NXPI

OLED

QCOM

Shares of semiconductor and chip stocks are trading higher following Wednesday's rate cut, which has lifted growth stocks and rate-sensitive sectors such as tech.

Cantor Fitzgerald analyst Yi Fu Lee reiterates CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Overweight and maintains $350 price target.

Reiteration

Cantor Fitzgerald Reiterates Overweight on CrowdStrike Holdings, Maintains $350 Price Target

ACHL

Achilles Therapeutics shares are trading higher. The company announced the discontinuation of its TIL-based cNeT program, closure of the Phase I/IIa CHIRON and THETIS clinical trials and that it will refocus its strategy to explore further engagement with third parties.

A Raleigh, North Carolina man is embroiled in a legal dispute over the recovery of his multimillion-dollar mansion in a bizarre real estate fraud case.
The deed to Craig Adams' 8,300-square-foot home in an exclusive gated community was transferred to a stranger named Dawn Mangum without his knowledge or consent. The property is now <a href="https://www.benzinga.com/real-estate/24/06/39398799/online-listings-might-be-big-fat-scams-fraudsters-lurk-in-online-vacation-rental-listings">listed for sale at $4.25 million</a>.
Don't Miss:
<ul>
<li>A billion-dollar investment strategy with minimums as low as $10 —<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> you can become part of the next big real estate boom today.</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a></li>
</ul>
Adams is frustrated with being asked to pay thousands of dollars to reclaim his own home.
"Found out that she had filed a false warranty claim deed against this house and basically tried to steal [it]," according to a story in The New York Post.
Adams first became aware of the <a href="https://www.benzinga.com/news/24/06/39348022/new-york-city-clerks-mistakenly-approve-paperwork-that-falsely-tied-ivanka-trump-and-hillary-clinton">fraudulent transfer</a> when his homeowner's association contacted him to inquire about a potential property sale. Mangum had contacted the HOA requesting access to the gated community where the home is located, triggering suspicion.
Upon further investigation, Adams discovered that Mangum had forged documents and filed them with the Wake County Register of Deeds, falsely claiming ownership of his property under the Dawn Mangum Trust. The paperwork was approved and recorded without any verification of its authenticity.
Trending: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.<a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital"> Investing in its booming real estate market has never been more accessible.</a>
"There's no effort to authenticate the validity of the change of deed," Adams said. "Nobody verifies who owns the house that's trying to be transferred to a different owner."
Adams promptly presented evidence of his ownership, including mortgage and tax documents, but county officials informed him that they were powerless to intervene. Adams said his only option was to hire a private attorney to file a civil suit against Mangum.
Trending: Rory McIlroy&#8217;s mansion in Florida is worth $22 million today, doubling from 2017 —<a href="https://benzinga.com/money/rory-mcilroys-florida-mansion-doubled-in-value"> here&#8217;s how to get started investing in real estate with just $100</a>
The incident highlights a loophole in North Carolina law. County registers of deeds are not required to verify the authenticity of submitted paperwork, nor do they check the validity of notaries or if the person submitting the deed has the legal right to the property.
&nbsp;The law permits these offices to process many documents daily without conducting thorough investigations unless signs of fraud are obvious. In Adams' case, no red flags were raised.
Trending: Want to invest in homes?<a href="https://www.benzinga.com/money/realbricks"> $100 is enough on this platform</a> that lets you cash out whenever you want.&nbsp; &nbsp;
Mangum asserts that the situation was a misunderstanding. She said she believed that the property was abandoned and in foreclosure and believed she was legally entitled to claim ownership.
She said she is willing to correct the paperwork and return ownership of the home to Adams.
The Wake County Sheriff's Department is investigating the case and the Register of Deeds says it will help how it can but is limited by state law.
Read Next:
<ul>
<li>This billion-dollar fund has invested in the next big real estate boom,<a href="https://www.benzinga.com/money/fundrise-flagship-fund"> here's how you can join for $10.</a></li>
<li>Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a></li>
</ul>

Real Estate

Raleigh Man Faces Financial Ruin After His Multimillion-Dollar Home Is Stolen – New 'Owner' Now Asking For $4.2M

Flora Growth Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGC#NASDAQ">FLGC</a>) announced Wednesday a supply agreement with Blossom Genetics to bring Colombian medical cannabis <a href="https://www.benzinga.com/topic/germany-cannabis">to the German market</a>.
What Happened: This collaboration will introduce two strains, Chemmy Jones and Northern Lights, to the European country. The move follows the company's recent acquisition of <a href="https://www.benzinga.com/markets/cannabis/24/04/38297284/another-cannabis-pioneer-expands-in-germany-via-acquisition-as-experts-say-theres-no-stepping-ba">Germany-based TruHC Pharma GmbH</a> in response to the country&#8217;s <a href="https://www.benzinga.com/markets/cannabis/24/04/38023610/heres-what-you-need-to-know-about-weed-legalization-in-germany-that-just-took-effect">recent cannabis reform.</a>
Flora&#8217;s wholly-owned subsidiaries have been active in Germany since 2017, being among the first to obtain medical cannabis licenses in the country. Flora also holds an EU-GMP facility in Germany and has a distribution network with access to over 1,200 pharmacies nationwide.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/08/40337075/flora-growth-q2-revenue-declines-27-yoy-reduces-net-loss-highlights-strategic-expansion-in-germa">Flora Growth Q2 Revenue Declines 27% YoY, Reduces Net Loss, Highlights Expansion In Germany, Australia And US</a>
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
Why It Matters: The move "underscores Flora&#8217;s commitment to scaling operations in Europe, ensuring that German patients have access to some of the world&#8217;s best cannabis strains, the company said in a press release.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/cannabis-conference/"><img loading="lazy" decoding="async" width="970" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19095454/ccc-oct-24-banner__1_-29.gif" alt="" class="wp-image-556353" /></a></figure>
Clifford Starke, chairman and CEO, explained what the deal means for Flora.
&#8220;This supply agreement with Blossom Genetics is a pivotal step in our efforts to expand Flora&#8217;s global presence and provide top-tier cannabis products to Germany," Starke said. "The demand for medical cannabis has surged since legalization, and we are confident that the strains we will bring to the market, will resonate with patients and healthcare providers alike.&#8221;
Last month, the company confirmed its common shares are trading on the Frankfurt Stock Exchange under the symbol "7301." The listing, Starke said earlier, allows new European investors to gain exposure to the company by increasing its trading liquidity and <a href="https://www.benzinga.com/markets/cannabis/24/08/40255720/flora-growth-lists-on-frankfurt-stock-exchange-aiming-to-connect-with-european-investors">facilitating investment from European investors</a>.
Price Action: Flora Growth's shares traded 6.6762% higher at $1.1201 per share at the time of writing on Thursday morning.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/06/39191054/global-weed-business-flora-buys-australian-vaporizers-as-im-cannabis-doubles-down-on-germany">Global Weed Business: Flora Buys Australian Vaporizers As IM Cannabis Doubles Down On Germany</a></li>
</ul>

Cannabis

FLGC

Flora Growth Cannabis Expands European Presence With Strategic Supply Agreement For Medical Marijuana

<a href="https://www.allisontransmission.com/en-gb/company/news-article/2024/09/19/allison-transmission-expands-its-footprint-in-vietnam-with-new-dealership-agreement-with-mifu-joint-stock-company">https://www.allisontransmission.com/en-gb/company/news-article/2024/09/19/allison-transmission-expands-its-footprint-in-vietnam-with-new-dealership-agreement-with-mifu-joint-stock-company</a>
&nbsp;
Allison Transmission, a global leader in manufacturing conventional, electric hybrid and fully electric vehicle propulsion solutions and the largest producer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, is pleased to announce the appointment of MIFU Joint Stock Company as an Allison Authorized Dealer in Vietnam. This partnership reflects Allison's commitment to strengthening its presence in the Southeast Asian market and delivering exceptional service to its customers in the region.
MIFU, established in 2019, has quickly become a trusted name in the supply of machinery, equipment and services for the transportation and port industries in Vietnam. As part of this new dealership agreement, MIFU will focus on port tractors at seaports across the country, providing overhaul maintenance and original spare parts for Allison's 1000–4000 Series transmissions. Allison 3000 Series&#x2122; in particular will be a key highlight of this partnership, catering to the specific needs of Vietnam's port industry.
Vietnam has launched an ambitious plan to modernize its seaport system, aiming to increase cargo capacity to 1.42 billion tons annually by 2030 and position itself as a major shipping hub in Southeast Asia. Amid this growth, MIFU, a leading provider of port equipment in Vietnam, is well-placed in the expanding market. As the distributor of Terberg yard trucks, which hold a 70% market share in the country, MIFU supplies tractors equipped with Cummins engines and Allison 3000 Series automatic transmissions, known for their durability, reliability and low maintenance needs, crucial advantages for the rigorous demands of 24/7 port operations.

Global

ALSN

Reported September 18, 2024: Allison Transmission Expands Its Footprint In Vietnam With New Dealership Agreement With MIFU Joint Stock Company

BMO Capital analyst Jeremy Mccrea reinstates Parex Resources (TSX:<a class="ticker" href="https://www.benzinga.com/stock/PXT#TSX">PXT</a>) with a Market Perform and announces C$13 price target.

Initiation

TSX:PXT

BMO Capital Reinstates Market Perform on Parex Resources, Announces C$13 Price Target

There's a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Cactus (WHD – Research Report) and National Fuel Gas Com...

Analysts Offer Insights on Energy Companies: Cactus (WHD) and National Fuel Gas Company (NFG)

Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Cactus (WHD – Research Report) today and set a price target of $59.00. The compa...

Cactus (WHD) Gets a Buy from Stifel Nicolaus

Analysts have been eager to weigh in on the Energy sector with new ratings on Cactus (WHD – Research Report), EOG Resources (EOG – Research Report)...

Analysts' Opinions Are Mixed on These Energy Stocks: Cactus (WHD), EOG Resources (EOG) and Conocophillips (COP)

Benchmark Co. analyst Kurt Hallead maintained a Hold rating on Cactus (WHD – Research Report) today. The company's shares closed yesterday at $61.9...

Benchmark Co. Reaffirms Their Hold Rating on Cactus (WHD)

Cactus Inc (WHD) Q2 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Energy sector with new ratings on Targa Resources (TRGP – Research Report), Exxon Mobil (XOM – Research...

Analysts Offer Insights on Energy Companies: Targa Resources (TRGP), Exxon Mobil (XOM) and Cactus (WHD)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
There are better stocks to buy instead of Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>). Although the chipmaker has been an absolute workhorse and <a href="https://investorplace.com/2024/07/nvidia-stock-analysis-the-real-secret-to-nvdas-success/">promises to radically alter</a> the artificial intelligence landscape, let&rsquo;s be real and admit NVDA stock is not cheap.



The leading AI stock trades at 64 times earnings, 34 times sales, and 70 times free cash flow (FCF). Those are all nose-bleed valuations. Essentially, if you were to buy Nvidia outright, it would take you 64 years to earn back your investment through its profits. As the popular meme says, ain&rsquo;t nobody got time for that!



That&rsquo;s why I say there are better stocks to buy instead of Nvidia. The chipmaker is an excellent company, but there is concern that the melt-up in <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a> may have run too far too fast. NVDA stock has fallen 22% from its recent high. As the <a href="https://investorplace.com/2024/07/small-caps-big-returns-3-dynamic-russell-2000-stocks-to-buy-in-july/">market rotates away</a> from former high-flying <a href="https://investorplace.com/industries/technology/">tech stocks</a>, the following three companies just might be better for your portfolio.



<h2>DaVita (DVA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/dva-stock-1-300x169.jpg" alt="A DaVita (DVA) kidney care clinic in St. Joseph, Missouri."><div>Source: APN Photography / Shutterstock.com</div></div>Dialysis treatment center DaVita (NYSE:<a href="https://investorplace.com/stock-quotes/dva-stock-quote/">DVA</a>) is one of the two largest dialysis centers in the U.S. It generates almost all of its revenue and profits from the procedure and runs neck-and-neck with Fresenius Medical Care (NYSE:<a href="https://investorplace.com/stock-quotes/fms-stock-quote/">FMS</a>) for the claim to being top dog.



Second-quarter <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/927066/000092706624000126/dva-20240806.htm">revenue grew 6%</a> to almost $3.2 billion as profits soared 25% to $222 million. The total volume of U.S. dialysis treatments rose to 7.27 million, or over 93,000 treatments per day, a 1.1% increase year-over-year. DaVita is benefiting from better Medicare reimbursement rates and timing due to patients meeting their co-insurance and deductible levels.



Although DaVita stock is up 37% year-to-date, shares trade at less than 13 times next year&rsquo;s earnings estimates, a fraction of its sales, and a bargain-basement of 9x FCF. It makes the <a href="https://investorplace.com/2024/06/buffett-buys-on-a-budget-the-3-cheapest-stocks-held-by-berkshire-hathaway/">discounted stock an attractive investment</a> for those able to see the long-term value of treating the growing incidence of diabetes.



<h2>Brinker International (EAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/12/fake_meat_1600-300x169.jpg" alt="A photograph of a vegetarian burger."><div>Source: barmalini/Shutterstock.com</div></div>Restaurant owner Brinker International (NYSE:<a href="https://investorplace.com/stock-quotes/eat-stock-quote/">EAT</a>) might not be as exciting as owning Nvidia stock but it is a good long-term value nonetheless. Brinker owns the Chili&rsquo;s chain of Tex-Mex restaurants as well as the Maggiano&rsquo;s Little Italy chain. Mexican food <a href="https://investorplace.com/2024/07/the-3-most-undervalued-value-stocks-to-buy-in-july-2024/">remains a popular trend</a> and investors will get a taste of just how popular when the restaurateur posts earnings on Wednesday, Aug. 14.



So far, business has been popping. Fiscal third-quarter <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/703351/000070335124000013/eat-20240430.htm">revenue rose 3.4%</a> earlier this year to over $1.1 billion on a 3.3% increase in comparable sales. Consumers are looking to save money and are finding it within its Chili&rsquo;s and Maggiano&rsquo;s chains.



EAT stock goes for just 14 times next year&rsquo;s estimates, a fraction of its sales and 20x FCF. Shares have risen 59% in 2024 and are 78% higher in the past 12 months. Analysts expect Brinker to post earnings growth of 20% a year for the next five years.



While the consensus price target for Brinker International is $57 per share, about 16% below where it currently trades, the high side estimate of $90 per share would imply 30% more growth potential.



<h2>Cactus (WHD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/oil1600-300x169.png" alt="In the field, the oil pump in the evening, the evening silhouette of the pumping unit, the silhouette of the oil pump. Oil stocks and energy stocks"><div>Source: zhengzaishuru / Shutterstock.com</div></div>Oil field services outfit Cactus (NYSE:<a href="https://investorplace.com/stock-quotes/whd-stock-quote/">WHD</a>) is the third- better stock than Nvidia to buy. It sells pressure control equipment for wellheads as well as spoolable pipe and fittings. The energy industry was recently plagued with reduced activity, but Cactus thinks that&rsquo;s behind it now. A potential headwind has been the record merger and acquisition activity in the space over the past year.



While it shows the oil and gas majors like Exxon Mobil (NYSE:<a href="https://investorplace.com/stock-quotes/xom-stock-quote/">XOM</a>) and Chevron (NYSE:<a href="https://investorplace.com/stock-quotes/cvx-stock-quote/">CVX</a>) remain interested in the domestic market, fewer available companies could mean fewer customers. Yet with overall increased activity, Cactus can still grow its business.



WHD stock is up 32% in 2024 yet trades at 18 times estimated earnings. With analysts forecasting 23.5% long-term earnings growth, more than double the rate it grew over the last five years, the stock is trading at a fraction to those rates.



At current prices, Cactus is a solid pick for long-term growth. The oil and gas industry has a long runway ahead and flexible pipe is a key component of tapping hard-to-reach resources. Cactus should have plenty of growth opportunities ahead.



On the date of publication, Rich Duprey held a LONG position in XOM and CVX stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L&rsquo;Express, and numerous other news outlets.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
The post <a href="https://investorplace.com/2024/08/nvidia-is-down-21-here-are-3-better-stocks-to-buy-for-the-rest-of-2024/">Nvidia is Down 21%. Here Are 3 Better Stocks to Buy for the Rest of 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Nvidia is Down 21%. Here Are 3 Better Stocks to Buy for the Rest of 2024

14 Upcoming Dividend Increases Including 2 Kings

Cactus (WHD) just unveiled an announcement. Cactus, Inc. management is set to engage with investors in forthcoming meetings, where they will presen...

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Cactus

Cactus (WHD) Forecast

Cactus (NYSE:WHD) Stock, Quote.Headers.trade-ideas