Option chain shows key data for BlackRock ESG's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for BlackRock ESG.

BlackRock ESG (NYSE:ECAT) Stock, Option Chain

BlackRock ESG

BlackRock ESG Capital Allocation Trust is a non-diversified, closed-ended management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.

BlackRock

News

Hedge Funds

Markets

General

ECAT

Discounted closed-end funds are increasingly being targeted by hedge funds

One Hedge Fund Manager&#39;s Plan For $200 Million Investor Windfall

BlackRock ESG Capital Allocation Term Trust Common Shares of Beneficial Interest

BlackRock ESG Capital Allocation Trust

Analysts revised/maintained the price target for Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) following better-than-expected fourth-quarter <a target="_blank" href="https://www.benzinga.com/news/earnings/24/12/42621270/carnival-cruises-into-success-with-record-bookings-and-strong-q4-earnings" rel="noreferrer noopener">2024 results reported last week</a>.
The company reported sales growth of 10% year-over-year to $5.938 billion, marginally beating the street view of $5.932 billion and adjusted EPS of $0.14,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus estimate of $0.08.</a>
JP Morgan analyst Matthew R. Boss raised the price target to $31 from $29 while <a target="_blank" href="https://www.benzinga.com/quote/ccl/analyst-ratings" rel="noreferrer noopener">maintaining an Overweight rating</a>.
The analyst says that looking ahead to 2025, CEO Weinstein noted that nearly two-thirds of the year is already booked, and the company expects another year of big yield improvement, surpassing historical growth rates.
The cumulative advanced bookings for 2025 are 16 points higher compared to the same time last year, setting an &#8220;all-time high&#8221; for both price and occupancy, with each quarter of 2025 booked above 2024 levels, adds the analyst.
Boss writes that with increased advertising investment (after previous underinvestment compared to peers) and a more conservative capacity growth strategy, CCL is positioned to improve brand clarity, pricing power, and accelerate efforts to de-lever its balance sheet.
Truist Securities analyst C. Patrick Scholes maintained a Buy rating with a price target of $29.
The analyst says that fourth-quarter exceeded high Street and investor expectations, with upside to earnings driven by better-than-expected costs, particularly in the Commission, transportation, and other line items.
Scholes writes that he does not expect investor disappointment with the newly introduced 2025 earnings guide, which is roughly in line or slightly below consensus, as cruise lines typically provide conservative guidance at the start of the year due to global uncertainties.
With strong booking pricing trends continuing, the analyst anticipates further opportunities for quarterly earnings beats and upgrades.
Other analyst price target/rating revisions:
<ul>
<li>Stifel analyst increased the price target to $34 from $32, while reiterating a Buy rating.</li>
<li>Barclays analyst raised the price target to $32 from $31, while reiterating an Overweight rating.</li>
</ul>
Investors can gain exposure to the stock via&nbsp;AdvisorShares Hotel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEDZ#NYSE">BEDZ</a>) and&nbsp;Defiance Hotel, Airline, and Cruise ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRUZ#NYSE">CRUZ</a>).
Price Action: CCL shares are down 4.89% at $25.49 at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/travel/24/12/42627563/wall-street-rallies-as-soft-inflation-data-fuels-dip-buying-bonds-rebound-travel-stocks-soar-whats-driving-markets-friday" target="_blank" rel="noreferrer noopener">Wall Street Rallies On Soft Inflation Data, Bonds Rebound, Travel Stocks Surge: What&#8217;s Driving Markets Friday?</a></li>
</ul>
Photo by Darryl Brooks via Shutterstock

Analyst Color

Equities

Large Cap

Price Target

Analyst Ratings

Trading Ideas

BEDZ

CRUZ

After Carnival's Q4 Performance, Analysts See Smooth Sailing

KB Home's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) short percent of float has fallen 9.88% since its last report. The company recently reported that it has 5.68 million shares sold short, which is 12.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.85 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>KB Home Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734979522_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for KB Home has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing KB Home's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, KB Home's peer group average for short interest as a percentage of float is 5.55%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About KB Home?

Alliant Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NYSE">LNT</a>) short percent of float has risen 16.18% since its last report. The company recently reported that it has 7.08 million shares sold short, which is 3.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.61 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Alliant Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734979517_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Alliant Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Alliant Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Alliant Energy's peer group average for short interest as a percentage of float is 2.09%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Alliant Energy's Recent Short Interest

Trade Desk's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NYSE">TTD</a>) short percent of float has fallen 5.6% since its last report. The company recently reported that it has 9.79 million shares sold short, which is 2.19% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.45 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Trade Desk Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734979511_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Trade Desk has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Trade Desk's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Trade Desk's peer group average for short interest as a percentage of float is 4.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Trade Desk's Recent Short Interest

<a href="https://eletric-vehicles.com/lucid/exclusive-lucid-to-adopt-new-sales-model-in-europe-expand-to-belgium/#:~:text=Lucid%20Motors%20plans%20to%20adopt,sources%20told%20EV%20on%20Monday.">https://eletric-vehicles.com/lucid/exclusive-lucid-to-adopt-new-sales-model-in-europe-expand-to-belgium/#:~:text=Lucid%20Motors%20plans%20to%20adopt,sources%20told%20EV%20on%20Monday.</a>
&nbsp;
<a href="https://eletric-vehicles.com/category/lucid/">Lucid Motors</a> plans to adopt a dealership network business model in Europe while increasing the number of its showrooms. Additionally, the company is preparing its next wave of expansion in Europe which includes the expansion to the Belgian market next year, two internal sources told EV on Monday.

Global

LCID

'Exclusive: Lucid to Adopt New Sales Model in Europe, Expand to Belgium' - Electric Vehicles

HC Wainwright &amp; Co. analyst Raghuram Selvaraju upgraded Aclaris Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACRS#NASDAQ">ACRS</a>) from Neutral to Buy and a <a href="https://www.benzinga.com/quote/ACRS/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $20</a>. The stock gained after the rerating.
In a press release last month, Aclaris announced that it had entered into an exclusive license agreement with privately held Biosion, Inc. for worldwide rights (excluding Greater China) to BSI-045B, a potential best-in-class, clinical-stage, novel anti-TSLP monoclonal antibody, and BSI-502, a potential best-in-class, preclinical-stage, novel bispecific antibody directed against both TSLP and IL4R.
Despite recent advances in anti-TSLP and anti-IL4R therapies, there remains a substantial unmet need for more effective and convenient treatment options.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/12/42631016/taiwan-semiconductor-expands-in-japan-sony-and-denso-among-first-customers" rel="noreferrer noopener">Taiwan Semiconductor Expands in Japan: Sony and Denso Among First Customers</a>
In a completed Phase 2a, single-arm, proof-of-concept trial conducted in the U.S. in 22 patients with moderate-to-severe atopic dermatitis, BSI-045B was observed to have a pharmacodynamic, safety, and efficacy profile that could position it as a potential best-in-class therapy.
BSI-045B is also being advanced in multiple Phase 2 studies in China by Biosion&#8217;s regional partner, targeting severe asthma and chronic rhinosinusitis with nasal polyps, accelerating the potential to show proof-of-concept across additional indications.
Selvaraju expects Aclaris to initiate multiple mid-stage clinical studies next year in the U.S. due to potential positive results from the Chinese trials. 
This should pave the way for registration programs in the coming years. From Selvaraju&#8217;s vantage point, BSI-045B could generate billions of dollars in sales across solely the U.S. and European Union markets in only chronic asthma and atopic dermatitis indications.
This candidate could reach the U.S. market in 2029 to treat chronic asthma and in 2030 for treating AD, with potential peak annual sales of roughly $9.8 billion. 
Selvaraju&#8217;s forecasts include pricing in the $30K range in the U.S. and the $10K range in Europe, roughly in line with net pricing for Dupixent (dupilumab), the most commercially successful of the currently-marketed anti-IL-4R monoclonal antibodies with estimated 2024 sales totaling roughly 13 billion euros. 
Selvaraju noted that an earlier-generation monoclonal antibody, the anti-IgE agent Xolair (omalizumab), generated sales approaching $4 billion in 2023. Selvaraju ascribed a 30% probability of approval to BSI-045B in chronic asthma and a 20% probability of approval to this candidate in AD.
Selvaraju projected fourth-quarter revenue of $2.9 million and EPS of $(0.10).
Price Action: ACRS stock is up 8% at $2.94 at last check Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42627181/blackberry-growth-hinge-on-iot-secure-communications-despite-valuation-concerns-analyst" target="_blank" rel="noreferrer noopener">BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst</a></li>
</ul>
Photo: Gorodenkoff/Shutterstock.com

Upgrades

ACRS

Aclaris Stock Rises As Analyst Projects Billions In Sales For New Therapy

DRCT

Direct Digital Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 618.2%

Fed chair Powell dropped a big lump of coal in the market&#8217;s stocking last week as he reigned in the Fed&#8217;s rate cut projections for 2025. While the Fed cut its key benchmark rate by the expected 25 basis points, Powell tempered expectations on future rate cuts based on sticky inflation data and the continued robust spending from American consumers.
The Fed's so-called ‘dot plot,' which anticipates the frequency and strength of future rate activity, now indicates only two rate cuts in 2025, with a Fed funds rate at 3.75% &#8211; 4.00% by the end of next December.
Markets did not take kindly to the news, and major indices closed starkly lower after being flat for most of the day. Nasdaq led the losers, with the tech-heavy index dropping more than 3.5%.
After hours, AI-darling Micron Technology added to the pain with a significant earnings miss, and the stock had its <a href="https://www.benzinga.com/24/12/42599089/us-stocks-edge-up-micron-suffers-worst-day-since-march-2020-bond-yields-surge-whats-driving-markets-thursday?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">worst performance since March 2020</a> the following day. Add in a close-call government shutdown and low holiday trading volume, and it was the perfect storm for some year-end volatility. And it won&#8217;t stop there.
A cautious Fed means cautious investors and a change in strategy is necessary for 2025.
<h2 class="wp-block-heading">How We Chose These Stocks</h2>
Is this the end of the AI-infused tech rally? The prospects of rate reductions slashing capital costs and juicing stock prices have diminished, and AI stocks are beginning to see some cracks form. Even the stalwart NVIDIA is in correction territory after touching the $152 mark earlier this month. While AI isn't exiting the investment landscape anytime soon, the big winners over the last two years look to be finally taking a breather. In their place, we've identified five tech stocks not dependent on AI that could lead the way in 2025.
<h3 class="wp-block-heading">Alphabet Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>)</h3>
Google-parent Alphabet Inc. seems to battle antitrust action every few years, causing a drawdown that eventually rebounds once investors realize the company still makes boatloads of cash every quarter. GOOG revenue and earnings have increased every quarter since March 2023, and profit margins are finally back above 27% for the first time since March 2022. The stock slumped in the summer following a poor earnings report and again in November on (you guessed it) <a href="https://www.benzinga.com/news/legal/24/11/42053249/google-could-lose-chrome-browser-in-dojs-latest-antitrust-move?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">antitrust concerns</a>, but it&#8217;s currently back near all-time highs.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-1024x364.png" alt="" class="wp-image-704749" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Google's recent quantum computing breakthrough unveiled a chip capable of speeds beyond <a href="https://www.benzinga.com/tech/24/12/42397333/google-quantum-ais-new-willow-chip-can-do-in-minutes-that-supercomputers-would-take-10-septillion-years?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">any in the known universe</a>, which could become an investment theme in 2025 (more on that later). Additionally, Waymo is one of the most significant success stories related to autonomous driving to date. The company <a href="https://www.benzinga.com/tech/24/12/42523474/alphabets-waymo-expands-global-reach-with-tokyo-robotaxi-testing-eyes-left-hand-traffic-challenges?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">recently announced</a> a new service in Tokyo, its first international city, and recent testing data continues to show impressive <a href="https://www.benzinga.com/news/24/06/39394686/alphabet-unit-waymo-claims-lower-crash-rate-despite-regulator-probes-into-risky-driving-behavior-thi?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">safety statistics</a>. Alphabet is also the parent of YouTube, which is the dominant way people consume podcasts and short-length videos and its YouTubeTV streaming service has an impressive sports package (and little pushback to price increases).
<h3 class="wp-block-heading">Uber Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>)</h3>
It's been a tumultuous year for Uber. The company finally posted a positive annual net income figure in 2023, and the stock rallied from $25 to $80 between December 2022 and February 2024. But the rally stalled there, and the stock bounced between $60 and $80 for most of the last nine months.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-1024x364.png" alt="" class="wp-image-704750" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
We think this recent drawdown is overdone, and the stock could be poised for a rally in 2025. Despite the proliferation of Waymo, Uber is still the dominant force in rideshare, and its ride-hailing market share is actually expanding compared to its biggest rival, Lyft. From a technical standpoint, the stock is oversold according to the Relative Strength Index (RSI) and the 50-day moving average is still hovering above the 200-day MA. As long as the 50-day stays above the 200-day, UBER shares might be an interesting buy at this level.
[<a href="https://www.benzinga.com/pro/checkout/holiday-24/?utm_source=WebRD-1224">End-of-Year Sale: Unlock Benzinga Pro for 60% Off]</a>
<h3 class="wp-block-heading">Rigetti Computing Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgti#NASDAQ">RGTI</a>)</h3>
As mentioned above, if AI takes a breather over the next few months, one investment theme that could emerge is quantum computing. Quantum computing stocks have rallied hard in the last month, led by the aptly named Quantum Computing Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qubt#NASDAQ">QUBT</a>). However, Quantum Computing Inc. used to be known as Innovative Beverage Group, which raises some questions about its dedication to the industry. There may be better choices to take advantage of this trend, like Rigetti Computing Inc.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-1024x364.png" alt="" class="wp-image-704751" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
RGTI shares also experienced a meteoric rise over the last month, but not at the level of QUBT despite a much longer history in the quantum computing space. That could be a good development for investors, as Rigetti is better positioned to thrive if quantum computing takes off thanks to its <a href="https://www.benzinga.com/news/mid-cap/24/12/42654955/why-are-rigetti-computing-shares-surging-on-monday?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">innovative product line</a> and decade-plus history in the industry.
<h3 class="wp-block-heading">CACI International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/caci#NYSE">CACI</a>)</h3>
CACI provides technology solutions as a defense contractor, and it could see tailwinds in the coming months due to an increased focus on defense spending in the incoming Trump administration and its sterling business reputation. CACI International provides cybersecurity, cyberspace and digital solutions for domestic and international clients.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-1024x364.png" alt="" class="wp-image-704752" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
CACI shares may have been unfairly unloaded as the price plunged down to $400 after approaching $580 in early November. The RSI reading of 27 indicates an oversold stock, and the company has good fundamentals with a 19.9 P/E ratio and a consensus Buy rating from analysts.
<h3 class="wp-block-heading">Apple Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>)</h3>
Sometimes, you don't need to overthink it. Apple has been one of the biggest winners in the tech sector since Trump's election, and the company's cash pile is the envy of the business world. Despite already being one of the largest companies in the world by market cap, investors may have an opportunity here as the AI rally spins down.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-1024x364.png" alt="" class="wp-image-704753" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
AAPL is a staple in any long-term investment portfolio, but the time is ripe to add more shares. The stock has been roaring upward since May 2024 and made another new all-time high as the third week of December came to a close. AAPL is now approaching a $4 trillion market cap, and its rally could continue in 2025 if the company is granted tariff exemptions similar to the ones it received during the first Trump administration.
Don't let profit opportunities slip away in 2025. Get Benzinga Pro today and receive exclusive market news alerts 30 minutes ahead of the competition. Trade smarter with powerful tools at 60% off. Act now—<a href="https://www.benzinga.com/pro/checkout/holiday-24/?utm_source=WebRD-1224">this deal ends December 31!</a>
Inage via Midjourney

Opinion

AAPL

CACI

GOOG

QUBT

RGTI

UBER

5 Tech Stocks to Buy as AI Hype Fizzles

WIIM

AVGO

FORM

INTC

KLAC

LRCX

MCHP

MPWR

NVDA

NVTS

QCOM

QUIK

WKEY

Shares of semiconductor companies are trading higher after the United States said it is opening an investigation into China's policies for the semiconductor industry. China's Commerce Ministry says the U.S. investigation will disrupt the chip industry and supply chains.

Investors with a lot of money to spend have taken a bullish stance on Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SCHW, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Charles Schwab.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $287,314, and 4 are calls, for a total amount of $142,650.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $62.5 to $80.0 for Charles Schwab over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Charles Schwab's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Charles Schwab's substantial trades, within a strike price spectrum from $62.5 to $80.0 over the preceding 30 days.
<h3>Charles Schwab Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734978638_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>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$1.61</td>
<td>$1.56</td>
<td>$1.56</td>
<td>$70.00</td>
<td>$70.6K</td>
<td>5.6K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$1.93</td>
<td>$1.84</td>
<td>$1.84</td>
<td>$80.00</td>
<td>$62.0K</td>
<td>2.4K</td>
<td>512</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.37</td>
<td>$1.33</td>
<td>$1.33</td>
<td>$67.50</td>
<td>$59.0K</td>
<td>1.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.39</td>
<td>$1.34</td>
<td>$1.34</td>
<td>$67.50</td>
<td>$55.7K</td>
<td>1.1K</td>
<td>508</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$1.55</td>
<td>$1.54</td>
<td>$1.55</td>
<td>$70.00</td>
<td>$55.6K</td>
<td>5.6K</td>
<td>362</td>
</tr>
</tbody>
</table>

<h3>About Charles Schwab</h3>
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $9 trillion of client assets at the end of September 2024. Nearly all of its revenue is from the United States.
In light of the recent options history for Charles Schwab, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Charles Schwab</h3>
<ul>
<li>With a volume of 1,481,762, the price of SCHW is down -0.18% at $74.17. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 23 days.</li>
</ul>
<h3>Expert Opinions on Charles Schwab</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $93.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo persists with their Equal-Weight rating on Charles Schwab, maintaining a target price of $90. 
&#x2A; An analyst from Barclays upgraded its action to Overweight with a price target of $95. 
&#x2A; An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $94. 
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on Charles Schwab, which currently sits at a price target of $94. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for Charles Schwab, targeting a price of $93. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Charles Schwab, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

SCHW

Spotlight on Charles Schwab: Analyzing the Surge in Options Activity

High-rolling investors have positioned themselves bullish on Pfizer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in PFE often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Pfizer. This is not a typical pattern.
The sentiment among these major traders is split, with 55% bullish and 44% bearish. Among all the options we identified, there was one put, amounting to $28,350, and 8 calls, totaling $607,915.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $27.5 for Pfizer over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Pfizer's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Pfizer's substantial trades, within a strike price spectrum from $15.0 to $27.5 over the preceding 30 days.
<h3>Pfizer Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734978633_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.77</td>
<td>$0.74</td>
<td>$0.77</td>
<td>$27.00</td>
<td>$226.0K</td>
<td>18.6K</td>
<td>3.0K</td>
</tr>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$4.85</td>
<td>$4.85</td>
<td>$4.85</td>
<td>$22.00</td>
<td>$96.9K</td>
<td>4</td>
<td>300</td>
</tr>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.5</td>
<td>$6.4</td>
<td>$6.47</td>
<td>$20.00</td>
<td>$64.7K</td>
<td>3.5K</td>
<td>100</td>
</tr>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$11.55</td>
<td>$11.2</td>
<td>$11.43</td>
<td>$15.00</td>
<td>$57.1K</td>
<td>338</td>
<td>50</td>
</tr>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.67</td>
<td>$1.64</td>
<td>$1.67</td>
<td>$25.00</td>
<td>$49.9K</td>
<td>44.0K</td>
<td>372</td>
</tr>
</tbody>
</table>

<h3>About Pfizer</h3>
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding covid-19-related product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.
After a thorough review of the options trading surrounding Pfizer, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Pfizer</h3>
<ul>
<li>Currently trading with a volume of 15,591,857, the PFE's price is up by 0.74%, now at $26.55. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 43 days.</li>
</ul>
<h3>Expert Opinions on Pfizer</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $31.333333333333332.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from B of A Securities lowers its rating to Neutral with a new price target of $29. 
&#x2A; An analyst from Guggenheim has decided to maintain their Buy rating on Pfizer, which currently sits at a price target of $33. 
&#x2A; Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Pfizer with a target price of $32. 
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 Pfizer with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Pfizer

Deep-pocketed investors have adopted a bearish approach towards Dollar Gen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</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 DG usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Dollar Gen. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 9% leaning bullish and 81% bearish. Among these notable options, 7 are puts, totaling $927,997, and 4 are calls, amounting to $174,454.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $150.0 for Dollar Gen during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Dollar Gen options trades today is 1219.67 with a total volume of 3,126.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Dollar Gen's big money trades within a strike price range of $40.0 to $150.0 over the last 30 days.
<h3>Dollar Gen Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734978618_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$10.25</td>
<td>$10.1</td>
<td>$10.25</td>
<td>$80.00</td>
<td>$254.2K</td>
<td>2.3K</td>
<td align="right">285</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/31/25</td>
<td>$16.05</td>
<td>$13.15</td>
<td>$14.64</td>
<td>$88.00</td>
<td>$218.7K</td>
<td>0</td>
<td align="right">148</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.7</td>
<td>$10.7</td>
<td>$10.7</td>
<td>$70.00</td>
<td>$107.0K</td>
<td>2.2K</td>
<td align="right">310</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.85</td>
<td>$10.65</td>
<td>$10.77</td>
<td>$70.00</td>
<td>$106.6K</td>
<td>2.2K</td>
<td align="right">410</td>
</tr>
<tr>
<td>DG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.7</td>
<td>$10.45</td>
<td>$10.7</td>
<td>$70.00</td>
<td>$105.9K</td>
<td>2.2K</td>
<td align="right">210</td>
</tr>
</tbody>
</table>

<h3>About Dollar Gen</h3>
With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.
After a thorough review of the options trading surrounding Dollar Gen, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Dollar Gen</h3>
<ul>
<li>Trading volume stands at 2,433,632, with DG's price down by -3.27%, positioned at $73.91.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 80 days.</li>
</ul>
<h3>Professional Analyst Ratings for Dollar Gen</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $87.4.
Unusual Options Activity Detected: Smart Money on the Move
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">Click here for access</a>. 
&#x2A; In a positive move, an analyst from B of A Securities has upgraded their rating to Buy and adjusted the price target to $95. 
&#x2A; An analyst from Telsey Advisory Group persists with their Market Perform rating on Dollar Gen, maintaining a target price of $88. 
&#x2A; Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Market Perform rating for Dollar Gen, targeting a price of $90. 
&#x2A; Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Dollar Gen with a target price of $84. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Dollar Gen, targeting a price of $80. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Dollar Gen with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Unpacking the Latest Options Trading Trends in Dollar Gen

Direct Digital Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 567.3%

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) volatile trading around the $100,000 mark has left investors puzzled about its prospects for <a href="https://www.benzinga.com/money/bitcoin-price-prediction">the next weeks</a>.
What Happened: Jim Bianco of Bianco Research highlighted this phenomenon in a <a href="https://x.com/biancoresearch/status/1870948707132473412">post</a> on X on Sunday by quoting an old Wall Street adage: "Markets will do what confuses the most people." 
Bianco believes this aptly describes Bitcoin's current behaviour.
From January to March, Bitcoin's move past $69,000 spurred widespread speculation, only for it to consolidate for six months. 
After hitting $100,000, bulls and bears alike predicted dramatic movements—but Bitcoin has stayed range-bound for the past six weeks, defying both camps.
Then, post-election, BTC surged again, this time hitting $100,000. 
Once more, the internet exploded with speculation: &#8220;FOMO is next!&#8221; &#8220;It&#8217;s a bubble, watch out,&#8221; Bianco cites the sentiment.
And yet, for the past six weeks, Bitcoin has done what almost no one predicted: nothing.
Bitcoin hovering around $100,000 for months, ensuring no one is completely right or wrong, is a scenario that frustrates both bulls and bears. Analysts suggest that patience may be key as traders navigate this period of uncertainty.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42652784/ethereum-solana-outfox-bitcoin-xrp-in-industry-experts-2025-crypto-predictions">Ethereum, Solana Outfox Bitcoin, XRP In Industry Expert&#8217;s 2025 Crypto Predictions</a>
What's Next: Over the past week, Bitcoin's price dropped 12.8%, pushing key performance indicators lower.
IntoTheBlock data shows Bitcoin's large transaction volume decreased by 20.6% to $34 billion, while daily active addresses dipped by 0.02%. 
Transactions greater than $100,000 also dropped from 8,435 to 7,495 in a single day. Exchange netflows declined by 246.9%.
Simply Bitcoin highlighted the significance of $2.94 billion in shorts currently acting as a barrier to Bitcoin breaking past $105,000.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NEW: $2.94B in shorts stand between <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> and $105K. You know what that means. &#x1f680; <a href="https://t.co/3XXlakb1rM">pic.twitter.com/3XXlakb1rM</a>
&mdash; Simply Bitcoin (@SimplyBitcoinTV) <a href="https://twitter.com/SimplyBitcoinTV/status/1871252549703254478?ref_src=twsrc%5Etfw">December 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42655154/84000-is-bitcoins-worst-case-options-trading-firm-ceo-says">$84,000 Is Bitcoin&#8217;s Worst Case, Options Trading Firm CEO Says</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

Bitcoin Price Decisively Back Below $100,000: What Is Going On?

Direct Digital Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 538.2%

Pfizer hosted a discussion with sell-side analysts to provide an update on one of the vaccine pipeline items &#8211; a second-generation Clostridioides difficile (C. diff) vaccine effort in Phase 2.
Goldman Sachs analyst Chris Shibutani maintained a Buy rating on Pfizer, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/PFE/analyst-ratings" rel="noreferrer noopener">price target of $33</a>.
Shibutani recalled that Pfizer had reported negative results from a Phase 3 study for a first-generation asset in March 2022, where the primary endpoint was unmet.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42645821/elon-musks-xai-expands-with-new-chatbot-app" rel="noreferrer noopener">Elon Musk&#8217;s xAI To Expand With New Chatbot App</a>
Still, results did include signals from secondary endpoints that suggested reduced disease severity.
Pfizer has since been exploring updated formulations (reducing the 3-dose regimen to 2 doses), including a version in Phase 2. Immunogenicity data are anticipated in 2025, with potential for advancement into Phase 3 by the end of 2025.
For a potential Phase 3 study, Shibutani noted the objective would be to discern the potential to reduce the severity of a C. diff infection (CDI) instead of aiming to reduce the risk and prevention of disease.
Pfizer estimates ~500k infections annually in the U.S., and no vaccine options currently available. Acknowledging that there is an unmet need The analyst acknowledged that there is an unmet need and said the data thus far suggests a potential basis for a path forward for the program in the context of comments from R&amp;D leadership during the discussion Shibutani hosted with investors.
The emphasis on the forward will be on programs with the most significant potential for economic returns. The analyst expects that investor enthusiasm will likely remain relatively subdued, especially in the context of uncertainties deriving from health policy dynamics relating to vaccines, that are an overhang to sentiment.
Shibutani does not currently include revenue estimates for a C. diff vaccine in his model and looks to monitor data updates and decisions regarding plans for this program to guide his forecasts in the future.
Separately, the analyst flagged Pfizer management&#8217;s mention of the fourth generation 25-valent pneumococcal vaccine (PCV), which management affirms continues to progress in Phase 2.
Shibutani recalled that Pfizer had previously commented that the immunogenicity data from Phase 1 were encouraging, as highlighted by the improved immunogenicity observed for serotype 3.
Pfizer is currently in a Phase 2 proof-of-concept study for its second-generation Clostridioides difficile (C. diff) vaccine, PF-07831694. This vaccine targets C. diff toxins A and B, which cause Clostridioides difficile infection (CDI).&nbsp;&nbsp;
Their goal for the second generation is to build off the 1st generation&#8217;s efficacy and duration by developing a more potent, more durable formulation, allowing for a 2-dose regiment (instead of 3-dose), resulting in higher and faster series completion.
After evaluating adjuvants in formulation for their next-generation candidates, Pfizer noted they can increase the strength or magnitude of the immune response, potentially resulting in lower doses.
Pfizer advanced 1 of the three updated 2nd-generation candidates to Phase 2 based on Phase 1/2 safety and immunogenicity data.
The Phase 2 trial endpoints will evaluate the immunogenicity and safety of the 2-dose regimen. Trial data is expected in 2025, with a potential Phase 3 start in late 2025, pending positive results.
Pfizer in Phase 2 is the furthest along of the C. diff vaccine assets. Idorsia Pharmaceuticals initiated Phase 1 for their competing C. diff asset in July. Vaxxilon and Matrivax Research &amp; Development Corporation both have preclinical assets. GSK Plc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSK#NYSE">GSK</a>) CDI vaccine completed a Phase 1 trial in 2022 but is no longer listed as a pipeline asset.&nbsp;&nbsp;
Pfizer&nbsp;stock has dropped over 11.5% year-to-date. Investors can gain exposure to the stock through SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>).
Price Action: PFE stock is up 0.82% at $26.58 at the last check on Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42644888/biden-administration-targets-chinese-firm-over-taiwan-semiconductor-chip-found-in-huawei-tech" target="_blank" rel="noreferrer noopener">Biden Administration Targets Chinese Firm Over Taiwan Semiconductor Chip Found in Huawei Tech</a></li>
</ul>
Photo via Shutterstock

Reiteration

Pfizer's Progress on C. diff Vaccine and Pneumococcal Shot Wins Analyst Conviction

Tech stocks began Christmas week with positive momentum, as the Nasdaq 100 rose 0.4% on Monday, building on a 0.7% gain from Friday. The index has now recovered nearly half of the losses sustained following the <a href="https://www.benzinga.com/topic/federal-reserve">Federal Reserve's recent policy meeting.</a>
Semiconductors stood out as the top-performing sector:
<ul>
<li>iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) jumping 2.3%.</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), up 4.7%</li>
<li>Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), which surged 4.9%.</li>
</ul>
Meanwhile, other major indices showed minimal movement in what appeared to be a session marked by low trading volumes.
Consumer staples emerged as the weakest sector, with notable declines in major retailers. Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) dropped 3.3%, while Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) shed 2.8%. 
In economic news, U.S. consumer confidence fell sharply in December, with the index dropping 8.1 points to 104.7 amid worsening expectations in future economic conditions.
The U.S. dollar index edged higher, mirroring a further surge in Treasury yields. The yield on the 10-year Treasury note rose 4 basis points to 4.57%, approaching its highest closing level since late May.
In commodities, gold slipped 0.4%, set to break a two-session winning streak, while oil prices declined 1%.
In the cryptocurrency market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 1.7% to around $93,000, eyeing its fifth loss in the past six sessions.
Shares of MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) tumbled over 4% in their first trading session after the company's inclusion in the Nasdaq 100 index.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,373.71</td>
<td>0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,932.42</td>
<td>0.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,232.71</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,620.75</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:30 p.m. ET </figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122324&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged 0.1% higher to $592.12.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.4% to $427.22.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.4% to $520.67.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.4% to $221.06.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up by 0.5%; the&nbsp;Consumer Staples Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 2%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) rose 3% following a 17.8% drop on Friday. The U.S. Food and Drug Administration announced on Monday that it has approved Hikma Pharmaceuticals&#8217; generic version of Novo Nordisk&#8217;s Victoza for treating type 2 diabetes.</li>
<li>New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) rallied 18%, after Stifel raised the stock price target from $16 to $18. </li>
<li>Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) fell over 4% following a 6.4% post-earning rally Friday. </li>
</ul>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42653753/history-may-hint-at-sp-500-struggles-in-2025-yet-there-is-also-hope-heres-why">History Suggests S&amp;P 500 Could Struggle In 2025, But There&#8217;s Reason For Optimism</a></li>
</ul>
Image: Shutterstock

Tech

SPDR Dow Jones Industrial Average ETF Trust

MSTR

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

XLRE

Tech Stocks Eye Christmas Gains, Microstrategy Tumbles As Bitcoin Dips To $93,000: What's Driving Markets Monday?

Phio Pharmaceuticals Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHIO#NASDAQ">PHIO</a>), a clinical-stage biotechnology company that develops therapeutics using its INTASYL&#xAE; siRNA gene silencing technology to make the body's immune cells more effective in killing cancer cells, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 240,000 shares of its common stock at a purchase price of $2.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. In addition, in a concurrent private placement, the Company will issue unregistered warrants to purchase up to 240,000 shares of common stock. The warrants will have an exercise price of $2.00 per share, will be exercisable upon issuance and expire five years following the date of issuance. The closing of the offering is expected to occur on or about December 24, 2024, subject to the satisfaction of customary closing conditions.
H.C. Wainwright &amp; Co. is acting as the exclusive placement agent for the offering.
The aggregate gross proceeds to the Company from the offering are expected to be $0.48 million, before deducting the placement agent fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering for working capital and other general corporate purposes.

Offerings

PHIO

Phio Pharmaceuticals Has Entered Into Definitive Agreements For The Purchase And Sale Of An Aggregate Of 240K Shares At A Price Of $2.00 Per Share In A Registered Direct Offering, For Gross Proceeds Of $0.48M

Innodata's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NYSE">INOD</a>) short percent of float has risen 12.5% since its last report. The company recently reported that it has 2.77 million shares sold short, which is 10.26% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.39 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Innodata Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734977720_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Innodata has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Innodata's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Innodata's peer group average for short interest as a percentage of float is 2.96%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

INOD

(INOD) - Analyzing Innodata's Short Interest

WR Berkley's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) short percent of float has fallen 13.25% since its last report. The company recently reported that it has 3.95 million shares sold short, which is 1.31% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>WR Berkley Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734977716_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for WR Berkley has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing WR Berkley's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, WR Berkley's peer group average for short interest as a percentage of float is 1.88%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(WRB) - Analyzing WR Berkley's Short Interest

Ideal Time To Swap Out Of BCAT And ECAT And Into BOE And BGR

SPE: Solid Performance While Deep Discount Persists

ECAT: High Distribution Helps Narrow Discount

BlackRock ESG Capital Allocation Trust  declares $0.0305 dividend

FOF: Overweight Position To Equity Funds Is Nice Today

BlackRock Really Wants You To Own Their Option Income CEFs

ECAT: 21% Yield On ESG Stocks

BlackRock ESG Capital Allocation Trust  raise monthly dividend by 0.6% to  $0.3068/share

BMEZ: Remains Attractive With A Deep Discount

ECAT: A High Distribution Yield With Key Activist Remaining Invested

BCAT

BIGZ

BMEZ

BSTZ

CEFS

CION

PAXS

PHYS

Press Releases

Distribution Dates and Amounts Announced for ECAT, BCAT, BMEZ, BSTZ and BIGZ

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers

Certain BlackRock Funds Announce Final Results of Tender Offers

Comments

BlackRock ESG

BlackRock ESG (ECAT) Options

No option chain data available. Please try again later

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga