Powell Industries 株価情報 (NASDAQ: POWL)

最新ニュース Powell Industries (NASDAQ:POWL) 株価情報

Powell Industries

Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States, and the rest from Canada, Europe, Asia Pacific, and other regions.

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アドバンスト マイクロ デバイセズ社 (NASDAQ:AMD) の株は、予想を上回る第2四半期決算を受けて本日のプレマーケット取引で急騰している。

AMD株価上昇　決算を受けて

Powell Industries Inc

<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="586" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16084402/60-40--1024x586.jpg" alt="" class="wp-image-4711" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16084402/60-40--1024x586.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16084402/60-40--300x172.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16084402/60-40--768x440.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16084402/60-40-.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h2 class="wp-block-heading">The End Of The 60/40 Portfolio&nbsp;</h2>
For years, a common investing approach was the 60/40 portfolio: 60% in stocks, and 40% in bonds. The idea behind it was simple: bonds were expected to outperform when stocks underperformed, and vice-versa. But as Tatiana Darie of Bloomberg pointed out yesterday (&#8220;<a href="https://www.zerohedge.com/markets/shifting-correlations-unleash-market-havoc" target="_blank" rel="noreferrer noopener nofollow">Shifting Correlations Unleash Market Havoc</a>&#8220;), that is no longer the case:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">Whether&nbsp;good&nbsp;or bad, shifting correlations are poised to wreak havoc on cross-asset strategies, and hedging assumptions will likely need to change. In the current environment, bonds are no longer proving to be a shield from stock losses.&nbsp;Jim Bianco&nbsp;of Bianco Research says the reason to hold bonds is changing, calling the days of the 60/40 portfolio&nbsp;"over."
It also means that trading might require a more creative and active approach that goes beyond traditional (and stale) assumptions.
</blockquote>
<h2 class="wp-block-heading">Moving Beyond Traditional (And Stale) Assumptions</h2>
As it happens, we developed an approach that moves beyond traditional assumptions. Specifically, it moves beyond the assumption that asset allocation is useful at all. The 60/40 portfolio, and other forms of asset allocation, deliberately put you in asset classes expected to perform badly. Why not put your money in assets you expect will do well? If you&#8217;re worried about downside risk, you can hedge with options. That&#8217;s essentially our approach, <a href="https://portfolioarmor.com/" target="_blank" rel="noreferrer noopener nofollow">The Hedged Portfolio Method</a>. 
<h2 class="wp-block-heading">The Hedged Portfolio Method&nbsp;</h2>
Here&#8217;s how our method works, in a nutshell:&nbsp;
<ol>
<li>Our system estimates 6-month returns for each security with options traded on it in the U.S. In addition to stocks, this universe of securities includes bond and commodity ETFs and even inverse ETFs. Our system is completely agnostic when it comes to asset class.&nbsp;</li>
<li>Next, our system finds optimal hedges for each security, and calculates their cost.&nbsp;</li>
<li>We subtract the hedging costs in 2. from the estimated returns in 1. and rank the securities by expected return, net of hedging cost.&nbsp;</li>
<li>The names that come to the top of the list in 3. are our top names. We buy and hedge a handful of them.&nbsp;</li>
</ol>
There are some additional steps, such as using a tightly collared &#8220;cash substitute&#8221; to minimize cash and boost returns, but that&#8217;s the gist of it.&nbsp;
<h2 class="wp-block-heading">Precisely Limiting Your Risk</h2>
One advantage of our approach is that you can precisely limit your risk. Don&#8217;t want to risk a decline of more than 17% over the next 6 months? Our system will hedge it so you don&#8217;t. Much different from putting 40% of your money in bonds and hoping for the best.&nbsp;
<h2 class="wp-block-heading">A Real World Example&nbsp;</h2>
Here&#8217;s a portfolio our system created for an investor in July of last year. This was for an investor unwilling to risk a decline of more than 20% over the next 6 months. This one included&nbsp;American Superconductor Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>),&nbsp;Abercrombie &amp; Fitch Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>),&nbsp;Constellation Energy Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>),&nbsp;Dell Technologies, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>),&nbsp;Navios Maritime Partners LP&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>),&nbsp;Natera, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRA#NASDAQ">NTRA</a>), and&nbsp;Powell Industries, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>).
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="776" height="717" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085209/1-Portfolio.jpg" alt="" class="wp-image-4712" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085209/1-Portfolio.jpg 776w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085209/1-Portfolio-300x277.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085209/1-Portfolio-768x710.jpg 768w" sizes="(max-width: 776px) 100vw, 776px" /></figure>
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="778" height="598" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085242/2-Portfolio.jpg" alt="" class="wp-image-4713" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085242/2-Portfolio.jpg 778w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085242/2-Portfolio-300x231.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085242/2-Portfolio-768x590.jpg 768w" sizes="(max-width: 778px) 100vw, 778px" /></figure>
Here is how that portfolio performed over the next six months:&nbsp;
<figure class="wp-block-image aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="800" height="623" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085327/Tracked-Portfolio-1.jpg" alt="" class="wp-image-4714" style="width:800px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085327/Tracked-Portfolio-1.jpg 800w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085327/Tracked-Portfolio-1-300x234.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085327/Tracked-Portfolio-1-768x598.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="800" height="319" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085411/Tracked-Portfolio-2.jpg" alt="" class="wp-image-4715" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085411/Tracked-Portfolio-2.jpg 800w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085411/Tracked-Portfolio-2-300x120.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085411/Tracked-Portfolio-2-768x306.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></figure>
You can find an interactive version of that chart&nbsp;<a href="https://portfolioarmor.com/front_tests/5837">here</a>. And you can see how hundreds of other hedged portfolios have done&nbsp;<a href="https://portfolioarmor.com/performance-tracking-portfolios">here</a>.&nbsp;
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on <a href="https://portfolioarmor.com/" target="_blank" rel="noreferrer noopener nofollow">our website</a>. You can also follow Portfolio Armor on X <a href="https://twitter.com/portfolioarmor">here</a>, or become a free subscriber to <a href="https://portfolioarmor.substack.com/">our trading Substack</a> using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085726/Widget-5.jpg" alt="" class="wp-image-4716" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085726/Widget-5.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/16085726/Widget-5-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

Personal Finance

AMSC

DELL

NTRA

The End Of The 60/40 Portfolio

Powell Industries's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NYSE">POWL</a>) short percent of float has fallen 17.88% since its last report. The company recently reported that it has 1.39 million shares sold short, which is 17.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.1 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>Powell Industries Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736973916_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Powell Industries 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 Powell Industries'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>, Powell Industries's peer group average for short interest as a percentage of float is 10.11%, 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 Powell Industries?

Pfizer Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) shares are just "too low to sell," according to Jim Cramer, host of CNBC&#8217;s "<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>." 
Hold the stock and let "the dividend do the job," Cramer advises, preferring to wait for "some good news" <a href="https://www.benzinga.com/general/biotech/23/03/31319372/seagens-43b-deal-to-double-pfizers-early-stage-oncology-pipeline-seagen-says-is-right-step">on the Seagen acquisition</a>.
Pfizer stock is down more than 7% over the past year. With the Covid wave having past, the pharma giant is in talks to extend its collaboration with medical AI start-up firm PostEra to design antibody-drug conjugates.
Turning to Vertex Pharmaceuticals Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) new wonder drug suzetrigine, which received FDA approval last year, Cramer said it was disappointing that the drug does not seem to be working. "I was praying they would have something that wouldn&#8217;t be addictive," he added.
Although the pharma company has several "great drugs," there seems to be a limited upside to the stock because suzetrigine was supposed to be the "drug of the future for Vertex," Cramer added.
When asked about Serve Robotics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>), Cramer suggested Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) for exposure to the sector. Calling Nvidia the "king of robots," he further said, "There's nobody else."
Cramer said he would be a seller of QuantumScape Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>). Referring to the steep decline in Powell Industries Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) shares, Cramer said, "I did not see that coming." The decline has been a "big, big disappointment," he added.
Price Action
<ul>
<li>Pfizer's stock declined by 1% to close at $26.86 on Wednesday.</li>
<li>Shares of Vertex Pharmaceuticals Inc settled higher by 0.93% at $412.11.</li>
<li>Serve Robotics tanked almost 10% on Wednesday.</li>
<li>Nvidia's share price ended the trading session almost flat.</li>
<li>QuantumScape's stock plunged 9% to close at $5.72.</li>
<li>Shares of Powell Industries fell 3.26% to $229.38.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42900074/how-to-earn-500-a-month-from-synovus-financial-stock-ahead-of-q4-earnings">How To Earn $500 A Month From Synovus Financial Stock Ahead Of Q4 Earnin</a>gs</li>
</ul>
Image: Shutterstock

News

Markets

Media

NVDA

SERV

VRTX

Pfizer Is 'Too Low To Sell,' Jim Cramer Says: Recommends Nvidia For Robotics Exposure

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NNE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$26.00</td>
<td>$26.7K</td>
<td>251</td>
<td align="right">521</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$46.4K</td>
<td>8.0K</td>
<td align="right">297</td>
</tr>
<tr>
<td>KULR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$4.50</td>
<td>$49.9K</td>
<td>365</td>
<td align="right">234</td>
</tr>
<tr>
<td>ALGT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$25.1K</td>
<td>531</td>
<td align="right">161</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$57.50</td>
<td>$54.3K</td>
<td>449</td>
<td align="right">77</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$230.00</td>
<td>$49.5K</td>
<td>484</td>
<td align="right">74</td>
</tr>
<tr>
<td>POWL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$220.00</td>
<td>$58.0K</td>
<td>36</td>
<td align="right">20</td>
</tr>
<tr>
<td>ODFL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$190.00</td>
<td>$26.8K</td>
<td>612</td>
<td align="right">20</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$102.2K</td>
<td>1.0K</td>
<td align="right">11</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$350.00</td>
<td>$25.5K</td>
<td>16</td>
<td align="right">2</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NNE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on January 10, 2025. This event was a transfer of 300 contract(s) at a $26.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $89.0 per contract. There were 251 open contracts at this strike prior to today, and today 521 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a put option sweep with neutral sentiment. It expires in 79 day(s) on March 21, 2025. Parties traded 180 contract(s) at a $150.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.4K, with a price of $258.0 per contract. There were 8099 open contracts at this strike prior to today, and today 297 contract(s) were bought and sold. 
• For KULR (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>), we notice a call option trade that happens to be bearish, expiring in 744 day(s) on January 15, 2027. This event was a transfer of 208 contract(s) at a $4.50 strike. The total cost received by the writing party (or parties) was $49.9K, with a price of $240.0 per contract. There were 365 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold. 
• Regarding ALGT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>), we observe a call option trade with bearish sentiment. It expires in 16 day(s) on January 17, 2025. Parties traded 37 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $680.0 per contract. There were 531 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold. 
• For DAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), we notice a put option sweep that happens to be bearish, expiring in 380 day(s) on January 16, 2026. This event was a transfer of 74 contract(s) at a $57.50 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $54.3K, with a price of $735.0 per contract. There were 449 open contracts at this strike prior to today, and today 77 contract(s) were bought and sold. 
• For UNP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), we notice a put option sweep that happens to be bearish, expiring in 380 day(s) on January 16, 2026. This event was a transfer of 26 contract(s) at a $230.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $1915.0 per contract. There were 484 open contracts at this strike prior to today, and today 74 contract(s) were bought and sold. 
• Regarding POWL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>), we observe a call option trade with bearish sentiment. It expires in 51 day(s) on February 21, 2025. Parties traded 20 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $58.0K, with a price of $2900.0 per contract. There were 36 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• Regarding ODFL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>), we observe a put option trade with bullish sentiment. It expires in 16 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $1340.0 per contract. There were 612 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• Regarding CAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on January 17, 2025. Parties traded 9 contract(s) at a $250.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $102.2K, with a price of $11360.0 per contract. There were 1071 open contracts at this strike prior to today, and today 11 contract(s) were bought and sold. 
• For AXON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), we notice a call option trade that happens to be bearish, expiring in 170 day(s) on June 20, 2025. This event was a transfer of 1 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $25520.0 per contract. There were 16 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ALGT

AXON

KULR

ODFL

10 Industrials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JBLU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.00</td>
<td>$48.5K</td>
<td>25.1K</td>
<td align="right">799</td>
</tr>
<tr>
<td>AMTM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$20.00</td>
<td>$82.5K</td>
<td>8</td>
<td align="right">650</td>
</tr>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$65.00</td>
<td>$84.3K</td>
<td>46.3K</td>
<td align="right">459</td>
</tr>
<tr>
<td>BLDR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$150.00</td>
<td>$359.0K</td>
<td>0</td>
<td align="right">191</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/27/24</td>
<td>$97.00</td>
<td>$43.3K</td>
<td>238</td>
<td align="right">153</td>
</tr>
<tr>
<td>FDX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$300.00</td>
<td>$43.2K</td>
<td>613</td>
<td align="right">129</td>
</tr>
<tr>
<td>VRT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$118.00</td>
<td>$38.2K</td>
<td>9</td>
<td align="right">82</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$340.00</td>
<td>$40.8K</td>
<td>64</td>
<td align="right">22</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$210.00</td>
<td>$61.7K</td>
<td>545</td>
<td align="right">20</td>
</tr>
<tr>
<td>POWL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$190.00</td>
<td>$30.3K</td>
<td>7</td>
<td align="right">11</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For JBLU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), we notice a call option trade that happens to be bearish, expiring in 23 day(s) on January 17, 2025. This event was a transfer of 490 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $48.5K, with a price of $99.0 per contract. There were 25117 open contracts at this strike prior to today, and today 799 contract(s) were bought and sold. 
• For AMTM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTM#NYSE">AMTM</a>), we notice a put option sweep that happens to be bullish, expiring in 58 day(s) on February 21, 2025. This event was a transfer of 300 contract(s) at a $20.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $82.5K, with a price of $275.0 per contract. There were 8 open contracts at this strike prior to today, and today 650 contract(s) were bought and sold. 
• Regarding DAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on January 17, 2025. Parties traded 350 contract(s) at a $65.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $84.3K, with a price of $241.0 per contract. There were 46357 open contracts at this strike prior to today, and today 459 contract(s) were bought and sold. 
• Regarding BLDR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), we observe a put option trade with bullish sentiment. It expires in 233 day(s) on August 15, 2025. Parties traded 191 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $359.0K, with a price of $1880.0 per contract. There were 0 open contracts at this strike prior to today, and today 191 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on December 27, 2024. Parties traded 100 contract(s) at a $97.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $433.0 per contract. There were 238 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold. 
• For FDX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), we notice a call option trade that happens to be bearish, expiring in 113 day(s) on April 17, 2025. This event was a transfer of 60 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $43.2K, with a price of $720.0 per contract. There were 613 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold. 
• Regarding VRT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>), we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on January 17, 2025. Parties traded 75 contract(s) at a $118.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $510.0 per contract. There were 9 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be neutral, expiring in 113 day(s) on April 17, 2025. This event was a transfer of 10 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $4089.0 per contract. There were 64 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option trade with neutral sentiment. It expires in 723 day(s) on December 18, 2026. Parties traded 20 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $61.7K, with a price of $3085.0 per contract. There were 545 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• For POWL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>), we notice a put option trade that happens to be bullish, expiring in 233 day(s) on August 15, 2025. This event was a transfer of 10 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $3036.0 per contract. There were 7 open contracts at this strike prior to today, and today 11 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMTM

BLDR

JBLU

Several Nasdaq-listed companies have delivered remarkable returns in 2024, with one standout performer making investors significantly wealthier. 
What Happened: According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, several Nasdaq-listed companies have delivered impressive returns in 2024. Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) tops the list with a staggering 1,756.12% increase. It recently signed a significant contract with NASA&#8217;s Goddard Space Flight Center for advanced imaging and data processing. Despite this surge, <a href="https://www.benzinga.com/quote/QUBT/analyst-ratings">analysts from Ascendiant Capital </a>have set a price target of $8.5, suggesting a potential downside of 51.02%.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24055505/Screenshot-2024-12-24-at-4.24.59%E2%80%AFPM-1024x369.png" alt="" class="wp-image-705774" /></figure>
MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) saw a 450.14% rise, driven by its strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) acquisitions, which have significantly increased its asset-backed value. According to bitcointreasuries.net, the company now holds 444,262 BTCs, valued at over $41.74 billion. Analysts from Bernstein, TD Cowen, and Barclays have set an average price target of $546.67, indicating <a href="https://www.benzinga.com/quote/MSTR/analyst-ratings">a 64.51% potential upside.</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24055438/Screenshot-2024-12-24-at-4.24.32%E2%80%AFPM-1024x381.png" alt="" class="wp-image-705773" /></figure>
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42642808/americas-fatal-flaw-is-its-sharply-increasing-addiction-to-government-debt-says-expert-and-the-mother-of-all-bubbles-is-ready-to-pop?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">America&#8217;s &#8216;Fatal Flaw&#8217; Is Its &#8216;Sharply Increasing Addiction&#8217; To Government Debt, Says Expert And The &#8216;Mother Of All Bubbles&#8217; Is Ready To Pop</a>
Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) achieved a 356.39% gain, bolstered by strong government revenue and a substantial contract extension with the U.S. Army, potentially worth $618.9 million over four years. However, the average analyst price target of $64.67<a href="https://www.benzinga.com/quote/PLTR/analyst-ratings"> implies a 19.20% downside.</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24055409/Screenshot-2024-12-24-at-4.24.03%E2%80%AFPM-1024x373.png" alt="" class="wp-image-705772" /></figure>
NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) experienced a 183.42% increase, fueled by robust growth in its AI and data center sectors. The company&#8217;s commitment to expanding production capacity underscores confidence in continued revenue growth. Analysts from DA Davidson, Phillip Securities, and Truist Securities suggest a <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">10.53% upside</a> with an average price target of $154.67.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24055342/Screenshot-2024-12-24-at-4.23.36%E2%80%AFPM-1024x392.png" alt="" class="wp-image-705769" /></figure>
Powell Industries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) reported a 162.45% rise, supported by favorable analyst ratings and a consensus price target of $312, reflecting optimism in its market performance. The most recent <a href="https://www.benzinga.com/quote/POWL/analyst-ratings">analyst rating </a>for Powell Industries came from Roth MKM on December 11, setting a price target of $312, which implies a 33.6% upside potential for the stock.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/24055319/Screenshot-2024-12-24-at-4.23.11%E2%80%AFPM-1024x364.png" alt="" class="wp-image-705768" /></figure>
Multibagger stocks are equities that yield exceptional returns, often doubling or more in value within a year. These stocks are prized by investors for their potential to significantly grow wealth over a relatively short period. The term was first coined by Peter Lynch in his book &#8220;One Up on Wall Street.&#8221;
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Powell Industries's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NYSE">POWL</a>) short percent of float has risen 12.68% since its last report. The company recently reported that it has 1.83 million shares sold short, which is 23.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.85 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>Powell Industries Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735131617_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Powell Industries 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 Powell Industries'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>, Powell Industries's peer group average for short interest as a percentage of float is 9.43%, 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.

WIIM

Powell Industries shares are trading higher after Roth MKM initiated coverage on the stock with a Buy rating and a $312 price target.

U.S. stocks were higher, with the Nasdaq Composite gaining around 300 points on Wednesday.
Shares of Photronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) rose sharply during Wednesday's session after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance with its <a href="https://www.benzinga.com/news/earnings/24/12/42434183/photronics-q4-earnings-beats-expectations-ceo-credits-strong-us-sales-2025-backed-by-ai-edge-computing-and-supply-chain-trends">midpoint above estimates</a>.
The company reported adjusted EPS of 59 cents, beating the Wall Street view of 52 cents. Photronics reported quarterly revenues of $222.63 million, down 2% year-over-year. Sales beat the analyst consensus of $218.00 million. The revenue grew by 6% Q/Q.
Photronics shares jumped 13.1% to $28.64 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) shares jumped 47.8% to $6.80 after the company reported better-than-expected first-quarter EPS and sales and issued strong guidance.</li>
<li>Patterson Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDCO#NASDAQ">PDCO</a>) surged 34% to $30.98 after the company announced it entered into a definitive agreement to be acquired by Patient Square Capital.</li>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) gained 18.6% to $2.2892.</li>
<li>Destiny Tech100 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NASDAQ">DXYZ</a>) surged 17.3% to $71.95.</li>
<li>FIGS, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIGS#NYSE">FIGS</a>) rose 17.3% to $6.02 following a WSJ report suggesting the company received a takeover offer from Story3 Capital Partners.</li>
<li>ReNew Energy Global Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) jumped 12.1% to $7.11 after the company announced it received $7.07 share buyout proposal from a consortium including Masdar, CPP Investments, ADIA and founder Sumant Sinha to acquire the remaining share capital.</li>
<li>Frontier Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) surged 11.6% to $6.70. Deutsche Bank analyst Michael Linenberg upgraded Frontier Group from Hold to Buy and raised the price target from $6 to $8.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) gained 10.2% to $29.68 following quarterly results.</li>
<li>Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) jumped 7.7% to $60.57.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) rose 7.5% to $268.58. Roth MKM analyst Chip Moore initiated coverage on Powell Industries with a Buy rating and announced a price target of $312.</li>
<li>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) gained 5.7% to $346.12 after the company issued FY24 and FY25 revenue guidance.</li>
</ul>
Now Read This: &lt;a href=&#8221;https://www.benzinga.com/news/24/04/38316287/netflix-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call&#8221;&gt;&lt;em&gt; Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call&lt;/em&gt;&lt;/a&gt;

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Photronics Posts Upbeat Results, Joins Stitch Fix, Patterson Companies And Other Big Stocks Moving Higher On Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>BMO Capital analyst James Thalacker initiated coverage on PPL Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) with an Outperform rating and announced a price target of $36. PPL shares closed at $32.92 on Tuesday. <a href="https://www.benzinga.com/quote/PPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Gabriela Borges initiated coverage on Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) with a Neutral rating and announced a price target of $30. Zeta Global shares closed at $21.46 on Tuesday. <a href="https://www.benzinga.com/quote/zeta/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Roth MKM analyst Chip Moore initiated coverage on Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) with a Buy rating and announced a price target of $312. Powell Industries shares closed at $249.81 on Tuesday. <a href="https://www.benzinga.com/quote/POWL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup initiated coverage on Monolithic Power Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Buy rating and announced a price target of $700. Monolithic Power Systems shares closed at $595.32 on Tuesday. <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Omotayo Okusanya initiated coverage on Realty Income Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Hold rating and announced a price target of $62. Realty Income shares closed at $55.78 on Tuesday. <a href="https://www.benzinga.com/quote/O/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying MPWR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="617" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png" alt="" class="wp-image-687364" style="width:667px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-1024x617.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-300x181.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90-768x463.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/11081942/image-90.png 1092w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This Monolithic Power Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Roth MKM analyst Chip Moore initiates coverage on Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) with a Buy rating and announces Price Target of $312.

Price Target

Roth MKM Initiates Coverage On Powell Industries with Buy Rating, Announces Price Target of $312

<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="580" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213417/Top-Image-1024x580.jpg" alt="" class="wp-image-3926" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213417/Top-Image-1024x580.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213417/Top-Image-300x170.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213417/Top-Image-768x435.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213417/Top-Image.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h2 class="wp-block-heading">Overcoming A 44%+ Drop In A Top Stock</h2>
We&#8217;ve done well with Super Micro Computer (SMCI) recently, buying it at $21.86 last month (&#8220;<a href="https://www.benzinga.com/markets/24/11/42052075/turning-bullish-on-supermicro">Turning Bullish On Supermicro</a>&#8220;), and seeing the stock more than double since. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="955" height="1024" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213503/SMCI-Monday-955x1024.jpg" alt="" class="wp-image-3927" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213503/SMCI-Monday-955x1024.jpg 955w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213503/SMCI-Monday-280x300.jpg 280w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213503/SMCI-Monday-768x824.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09213503/SMCI-Monday.jpg 1119w" sizes="(max-width: 955px) 100vw, 955px" /></figure>
But SMCI was in some of our hedged portfolios created six months ago, and it dropped more than 44% over that time frame.&nbsp;
Here&#8217;s a look at one of those portfolios, and how hedging and security selection enabled it to still smoke the S&amp;P 500.&nbsp;
<h2 class="wp-block-heading">Our Hedged Portfolio From June 6th, 2024</h2>
This was the hedged portfolio our system created on June 6th, for an investor with $3,000,000 to put to work who didn&#8217;t want to risk a decline of more than 30% over the next six months. Our system started by dividing the money in seven equal parts, and allocating it to&nbsp;Abercrombie &amp; Fitch Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>),&nbsp;Century Aluminum Co.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>)&nbsp;Dell Technologies&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>),&nbsp;Comfort Systems USA, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>),&nbsp;Powell Industries, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>), and&nbsp;Semtech Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>), in addition to&nbsp;Super Micro Computer Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>).&nbsp;
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="700" height="538" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214000/1-Chart-.jpg" alt="" class="wp-image-3928" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214000/1-Chart-.jpg 700w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214000/1-Chart--300x231.jpg 300w" sizes="(max-width: 700px) 100vw, 700px" /></figure>
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="700" height="646" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214220/2-Chart-1.jpg" alt="" class="wp-image-3930" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214220/2-Chart-1.jpg 700w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214220/2-Chart-1-300x277.jpg 300w" sizes="(max-width: 700px) 100vw, 700px" /></figure>
Screen captures via&nbsp;<a href="https://portfolioarmor.com/">Portfolio Armor</a>&nbsp;on 6/6/2024.
Next, it rounded down those seven dollar amounts to round lots of each of those names and their optimal hedges. Then it swept most of the leftover cash from that process into a tightly collared position in MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>). 
The dollar amount of the SMCI position (circled in red in the image above) at the start was $233,376 in underlying shares and $21,900 in puts for a total position value of $255,276. We&#8217;ll come back to that in a moment.&nbsp;
<h2 class="wp-block-heading">How That Portfolio Performed Over The Next 6 Months</h2>
Over the next six months, our portfolio was up 30.52%, net of hedging and trading costs, while the&nbsp;SPDR S&amp;P 500 Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 14.4%. So it more than doubled the performance of the market, despite SMCI dropping 44%.&nbsp;
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="700" height="545" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214404/1-Portfolio-.jpg" alt="" class="wp-image-3931" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214404/1-Portfolio-.jpg 700w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214404/1-Portfolio--300x234.jpg 300w" sizes="(max-width: 700px) 100vw, 700px" /></figure>
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="700" height="282" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214442/2-Portfolio.jpg" alt="" class="wp-image-3932" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214442/2-Portfolio.jpg 700w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09214442/2-Portfolio-300x121.jpg 300w" sizes="(max-width: 700px) 100vw, 700px" /></figure>
You can view an interactive version of the chart above <a href="https://portfolioarmor.com/front_tests/5769" target="_blank" rel="noreferrer noopener nofollow">here</a>.
You can see the ending value for the $SMCI plus its put hedge circled in red above: $202,155.30. Recall that the starting value for that position was&nbsp;$255,276. $202,155.30 represents a 20.8% drop from $255,276.&nbsp;
<h2 class="wp-block-heading">How This Portfolio Beat The Market Despite SMCI&#8217;s 44% Drop&nbsp;</h2>
We mentioned two reasons above: hedging and security selection. Both are true, but there&#8217;s a bit more to it.&nbsp;
<ul>
<li>Although SMCI dropped by 44%&#8211;and its hedge was designed to protect against a &gt;30% drop&#8211;it nevertheless limited the drawdown to 20.8%. That was due to the positive hedging error inherent in our hedging algorithm.&nbsp;</li>
<li>Security selection helped overall here in picking mostly winners. POWL, for example, was up more than 73% over that six-month period.&nbsp;</li>
<li>Concentration helped here too. Since there were only 8 underlying securities in the portfolio, the 73% gain in POWL had a big impact.&nbsp;</li>
<li>Finally, knowing when to hedge with optimal puts rather than optimal collars was key. Our system has an algorithm to determine that, and since it hedged POWL with puts, we captured nearly all of its upside.&nbsp;</li>
</ul>
You can use our system to create hedged portfolios for dollar amounts as small as $30,000&#8211;you just need to enter the dollar amount you want to invest and largest drawdown you&#8217;re willing to risk, and our system does the rest.&nbsp;
<h2 class="wp-block-heading">If You Just Want To Hedge What You Already Have</h2>
If you are concerned about downside risk, as a reminder, you can download our iPhone hedging app by aiming your iPhone camera at the QR code below (or by&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">tapping here</a>, if you&#8217;re reading this on your phone).&nbsp;
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09215017/QR-Code-2.jpg" alt="" class="wp-image-3933" /></a></figure>
And if you would like a heads up next time we place an aggressive trade, like our recent winner on QIFU Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) 
<ol>
<li>Calls on QIFU Technologies ( QFIN 2.17%↑). Bought at $2.15 on 10/1/2024; sold (half) at $6.45 on 12/9/2024. Profit: 200%.</li>
</ol>
You can subscribe to our trading Substack/occasional email list below.&nbsp;

If you&#8217;d like to stay in touch
You can scan for optimal hedges, find our current top ten names, and&nbsp;create hedged portfolios&nbsp;on&nbsp;<a href="https://portfolioarmor.com/">our website</a>.&nbsp;You can also follow Portfolio Armor on X&nbsp;<a href="https://twitter.com/portfolioarmor">here</a>. Or become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09215518/Widget-2.jpg" alt="" class="wp-image-3934" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09215518/Widget-2.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09215518/Widget-2-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

CENX

QFIN

SMCI

SMTC

How To Beat The Market When One Of Your Top Stocks Drops 44%

Most people associate AI investing with semiconductors like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) or cloud giants like Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>). But beneath the surface, there's a less obvious story: the immense power required <a href="https://www.benzinga.com/topic/artificial-intelligence">to support this innovation.</a>
As U.S. power demand is projected to surge at an annual rate of 2.5%, a $7 trillion investment windfall is on the horizon fueled by the sweeping infrastructure overhaul required to sustain AI breakthroughs, digital asset mining, and next-generation mobility innovations.
In an exclusive interview with Benzinga on Thursday, Maurits Pot, CEO and co-founder of Tema ETFs, introduced the newly launched Tema Electrification ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOLT#NYSE">VOLT</a>), the world's first fund dedicated to the infrastructure powering modern technology.
<h3 class="wp-block-heading">Why Power Demand Is Surging</h3>
The U.S. power grid has been largely neglected for decades, but the electrification era is creating a surge in electricity consumption that hasn't been seen since the 1990s. 
Several megatrends are at play:
<ol>
<li>AI is energy-hungry: AI data centers consume seven times more power than traditional facilities, according to Tema ETFs. With generative AI and machine learning applications proliferating, power requirements are expected to soar. </li>
<li>Aging infrastructure: Approximately 70% of U.S. transmission and distribution (T&amp;D) lines are over 25 years old—past their recommended lifespan. Without upgrades, the grid may be unable to meet demand.</li>
<li>Supply deficits are coming: The U.S. could face a 40 gigawatt power shortfall by 2030, equivalent to 40 nuclear plants or 100 gas-fired turbines.</li>
</ol>
&#8220;We think this electrification trend is massive,&#8221; Pot said, adding, &#8220;the opportunity lies on the expansion of power capacity needed to meet rising demand for AI, mobility and other things.&#8221;
<h3 class="wp-block-heading">What Sets VOLT Apart?</h3>
Pot explained that VOLT is the first ETF to span the full electrification value chain, offering exposure to companies across five categories: generation, transmission, grid equipment, electrification services, and applications. 
Here's a closer look at some of the key names in the portfolio:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Category</th>
<th>Portfolio Holding</th>
<th>Investment Rationale</th>
</tr>
</thead>
<tbody>
<tr>
<td>Generation</td>
<td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td>
<td>The U.S.'s largest manufacturer of gas turbines is sold out until 2028.</td>
</tr>
<tr>
<td>Transmission</td>
<td>Nexans</td>
<td>Supplies high-voltage cables to modernize aging T&amp;D lines in the U.S.</td>
</tr>
<tr>
<td>Grid Equipment</td>
<td>Hubbell Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>)</td>
<td>Builds critical electrical grid infrastructure expected to grow at 2x GDP.</td>
</tr>
<tr>
<td>Electrification Services</td>
<td>Quanta Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>)</td>
<td>Modernizes grid networks and connects new energy sources to the system.</td>
</tr>
<tr>
<td>Applications</td>
<td>Vertiv Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) </td>
<td>Produces data center cooling systems, with the market growing 13–15% annually.</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Bitcoin, Crypto And the Hidden Digital Asset Demand Story</h3>
According to Pot, the growth of the digital asset industry is an underrated source of upside risks to U.S. power demand needs in the upcoming years.
 &#8220;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining is very energy intensive,&#8221; Pot stated. 
<h3 class="wp-block-heading">Current VOLT Portfolio Positioning</h3>
Here's a breakdown of the fund's current portfolio positioning as of Dec. 4, 2024:
Regional Exposure: North America dominates the portfolio with 80.91% allocation, while Europe accounts for 16.57% of the exposure.
Market Cap Breakdown: The portfolio focuses on large-cap companies, which comprise 64.80% of the holdings, followed by mid-cap companies at 24.54%. Small-cap stocks represent 8.14% of the fund. There are no mega-cap stocks, defined as those with a market capitalization of over $200 billion.
Power Allocation:
<ul>
<li>Power Generation accounts for 23.55%, split into conventional energy at 12.85% and renewables at 10.70%.</li>
<li>Grid Management is the largest allocation at 44.39%, including 24.53% for &#8220;before the meter&#8221; infrastructure and 19.86% for &#8220;after the meter&#8221; services.</li>
<li>End-Use Applications make up 29.54%, further divided into 13.15% for products and 16.39% for services.</li>
</ul>
<h3 class="wp-block-heading">Top 10 Holdings </h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>% of NAV</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bel Fuse, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELB#NASDAQ">BELB</a>)</td>
<td>5.10%</td>
</tr>
<tr>
<td>Nexans SA </td>
<td>5.08%</td>
</tr>
<tr>
<td>GE Vernova, Inc.</td>
<td>5.03%</td>
</tr>
<tr>
<td>Hubbell, Inc. </td>
<td>5.01%</td>
</tr>
<tr>
<td>Quanta Services, Inc. </td>
<td>4.88%</td>
</tr>
<tr>
<td>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>)</td>
<td>4.15%</td>
</tr>
<tr>
<td>Vertiv Holdings Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</td>
<td>4.09%</td>
</tr>
<tr>
<td>ABB Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABB#NYSE">ABB</a>)</td>
<td>4.05%</td>
</tr>
<tr>
<td>Schneider Electric SE (EPA: SU)</td>
<td>4.04%</td>
</tr>
<tr>
<td>Eaton Corp. PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>)</td>
<td>4.03%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42344440/teslas-path-to-400-bank-of-america-highlights-ev-ai-growth">Tesla&#8217;s Path To $400: Bank Of America Highlights EV, AI Growth</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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EXCLUSIVE: VOLT ETF Taps $7 Trillion Electrification Boom Fueled By AI Power Demand

U.S. stocks were higher, with the Dow Jones index gaining more than 150 points on Wednesday.
Shares of Pure Storage Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) gained 26.1% to $67.48 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter <a href="https://www.benzinga.com/news/earnings/24/12/42303442/pure-storage-shares-soar-after-strong-q3-q4-guidance-above-estimates-details">guidance above estimates</a>.
Pure Storage reported quarterly earnings of 50 cents per share, which beat the analyst consensus estimate of 42 cents. Quarterly revenue came in at $831.07 million which beat the consensus estimate of $818.14 million and is an increase over sales of $762.84 million from the same period last year.
Pure Storage shares jumped 26.1% to $67.48 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Cross Country Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCRN#NASDAQ">CCRN</a>) shares gained 61.9% to $18.07 after Aya Healthcare announced a definitive agreement to acquire the company for approximately $615 million.</li>
<li>Altimmune Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) surged 22.4% to $10.76.</li>
<li>Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) climbed 22% to $117.05 as the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates on Tuesday.</li>
<li>Hesai Group – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) gained 20.6% to $9.65.</li>
<li>Stoke Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STOK#NASDAQ">STOK</a>) jumped 15.2% to $13.17 after the company announced it received breakthrough therapy designation status from the FDA for Zorevuvnersen.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 15.1% to $3.6150.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) climbed 14.6% to $16.97.</li>
<li>MaxLinear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) gained 14.2% to $19.85.</li>
<li>Microvast Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 14.2% to $1.61.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose 13.3% to $27.10 after the company announced a 106% year-over-year usage increase for its marketing platform from Thanksgiving to Cyber Monday.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) gained 12.4% to $9.99.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) rose 10.2% to $83.41. Needham maintained a Buy rating on the stock.</li>
<li>Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) gained 9.2% to $362.05 following third-quarter results.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) surged 8.8% to $292.50.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) rose 8.5% to $15.61.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) gained 7.2% to $6.49.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) rose 6.6% to $345.27 after Baird maintained an Outperform rating on the stock and raised its price target from $305 to $380.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/24/12/42314096/att-to-rally-around-14-here-are-10-top-analyst-forecasts-for-wednesday">AT&amp;T To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Wednesday</a></li>
</ul>

BTDR

CCRN

HSAI

MRVL

MVST

NVTS

PATH

PSTG

ROKU

SOUN

STOK

Pure Storage Posts Upbeat Results, Joins Cross Country Healthcare, Marvell Technology, Stoke Therapeutics And Other Big Stocks Moving Higher On Wednesday

<h3>Gainers</h3>
<ul>
<li>Safe Pro Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPAI#NASDAQ">SPAI</a>) stock moved upwards by 25.6% to $2.89 during Wednesday's pre-market session. The market value of their outstanding shares is at $39.5 million. As per the press release, Q3 earnings came out 4 days ago. </li>
<li>374Water (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCWO#NASDAQ">SCWO</a>) stock increased by 18.4% to $1.19. The company's market cap stands at $170.1 million. </li>
<li>Nauticus Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) stock moved upwards by 17.55% to $1.07. The company's market cap stands at $6.8 million. </li>
<li>SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) shares moved upwards by 13.31% to $0.37. The company's market cap stands at $133.6 million. </li>
<li>Agrify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGFY#NASDAQ">AGFY</a>) stock rose 11.65% to $24.9. The market value of their outstanding shares is at $38.0 million. The company's, Q3 earnings came out 4 days ago. </li>
<li>ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) stock rose 10.38% to $29.56. The market value of their outstanding shares is at $3.5 billion. The company's, Q3 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Volato Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#AMEX">SOAR</a>) stock decreased by 14.9% to $0.4 during Wednesday's pre-market session. The market value of their outstanding shares is at $11.8 million. The company's, Q3 earnings came out 2 days ago. </li>
<li>Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) shares declined by 14.54% to $267.0. The market value of their outstanding shares is at $3.2 billion. The company's, Q4 earnings came out yesterday. </li>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) shares fell 13.65% to $0.14. The market value of their outstanding shares is at $26.9 million. </li>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares decreased by 13.26% to $0.55. The company's market cap stands at $51.0 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) shares fell 8.36% to $2.01. The market value of their outstanding shares is at $31.1 million. As per the press release, Q3 earnings came out 4 days ago. </li>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) stock fell 8.25% to $6.23. The company's market cap stands at $4.2 million. The company's, Q3 earnings came out 4 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Wednesday's Pre-Market Session

Powell Industries shares are trading lower after the company reported worse-than-expected Q4 revenue results.

Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) shares are trading lower on Wednesday after the company reported fourth-quarter <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42074697/powell-industries-announces-fourth-quarter-and-full-year-fiscal-2024-results" rel="noreferrer noopener">results after the markets closed on Tuesday</a>.
Revenues surged 32% year over year to $275 million, which missed the consensus of $286.49 million.
The revenue growth was led by the Petrochemical sector (+112% Y/Y), Oil &amp; Gas sector (+23% Y/Y), and Commercial &amp; Other Industrial sector (+66% Y/Y).
New orders rose to $267 million from $171 million a year ago, driven by strong&nbsp;demand in the Oil &amp; Gas, Petrochemical, and Electric Utility sectors.
Gross profit increased 55% Y/Y to $80 million, with a margin of 29.2% vs. 24.9% a year ago quarter. EPS&nbsp;of $3.77&nbsp;surpassed <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of $3.55</a>.
Brett A. Cope, Powell&#8217;s Chairman and Chief Executive Officer, said, &#8220;We experienced tremendous growth in our largest markets, with our top line growing by 45% in fiscal 2024. We continue to execute at a high standard for both our customers and our shareholders as reflected by our gross margin, which improved 590 basis points compared to the prior year.&#8221;
&#8221;Having recorded our second consecutive year of more than $1.0 billion in new orders, we continue to grow in our traditional markets of oil &amp; gas, petrochemical and electrical utilities, while further diversifying in markets such as data centers, hydrogen, carbon capture and other alternative fuels.&#8221;
As of September 30, 2024, cash and short-term investments totaled $358 million. Backlog remained steady at $1.3 billion as of September 30, 2024, consistent with levels at both June 30, 2024, and September 30, 2023.
Michael Metcalf, Chief Financial Officer, said, &#8220;As we look ahead to fiscal 2025, we expect continued strength across most of our end markets spanning across all of the geographies that we compete in.&#8221;
&#8221;We are pleased with our fiscal 2024 results and remain focused on carrying forward the strong operational execution and commercial momentum that we have experienced this year, into fiscal 2025.&#8221;
&#8221;Notwithstanding our seasonally slower fiscal first quarter, considering the healthy backdrop, robust backlog, strong liquidity, and a solid balance sheet, we anticipate that fiscal 2025 will be <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">another successful year for Powell.</a>&#8220;
Investors can gain exposure to the stock via&nbsp;Innovator IBD 50 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFTY#NYSE">FFTY</a>) and Tidal ETF Trust Aztlan Global Stock Selection DM SMID ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZTD#NYSE">AZTD</a>).
Price Action: POWL shares are down 15% at $265.63 at the last check Wednesday.
Image via Shutterstock
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Powell Industries Faces Seasonally Slow Q1 Start After Mixed Q4; Stock Tanks

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday.
Shares of Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) fell sharply in today's pre-market trading after the company <a href="https://www.benzinga.com/quote/POWL/earnings">reported worse-than-expected fourth-quarter revenue results.</a>
Powell Industries reported quarterly earnings of $3.77 per share which beat the analyst consensus estimate of $3.55 per share. The company reported quarterly sales of $275.06 million which missed the analyst consensus estimate of $286.49 million.
Powell Industries shares dipped 15.4% to $264.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) shares declined 16.3% to $129.62 in pre-market trading following downbeat quarterly results.</li>
<li>Destiny Tech100 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NASDAQ">DXYZ</a>) shares dipped 13.4% to $39.18 in pre-market trading after jumping 24% on Tuesday.</li>
<li>Silvercorp Metals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVM#NYSE">SVM</a>) fell 11.3% to $3.59 in pre-market trading after the company announced a $130 million convertible senior notes offering.</li>
<li>QuidelOrtho Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QDEL#NASDAQ">QDEL</a>) fell 6.7% to $36.01 in today's pre-market trading after the company announced the pricing of secondary offering of common stock by the Carlyle Group.</li>
<li>The First of Long Island Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLIC#NASDAQ">FLIC</a>) fell 5.4% to $13.13 in pre-market trading.</li>
<li>Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) fell 4.8% to $236.90 in pre-market trading.</li>
<li>XP Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) fell 4.1% to $16.00 in pre-market trading following weak quarterly earnings.</li>
<li>Dianthus Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNTH#NASDAQ">DNTH</a>) fell 2.3% to $21.77 in pre-market trading after declining more than 5% on Tuesday.</li>
</ul>
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Powell Industries Reports Weak Sales, Joins Target, QuidelOrtho And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Shares of Keysight Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>) rose sharply in today's pre-market trading reported <a href="https://www.benzinga.com/news/earnings/24/11/42075636/keysight-technologies-stock-jumps-on-q4-earnings-revenue-beat-eps-beat-confidence-in-our-ability-to-outperform">better-than-expected earnings for its fourth quarter.</a>
Keysight reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $1.57. The company reported quarterly sales of $1.287 billion which beat the analyst consensus estimate of $1.258 billion.
The company said it sees first-quarter revenue of $1.265 billion to $1.285 billion and adjusted earnings of $1.65 to $1.71 per share.
Keysight shares jumped 9.3% to $166.20 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Tonix Pharmaceuticals Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNXP#NASDAQ">TNXP</a>) gained 63.6% to $0.2663 in pre-market trading after jumping 22% on Tuesday.</li>
<li>Nauticus Robotics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) rose 59.3% to $1.45 in pre-market trading after the company entered into strategic collaboration with SeaTrepid to integrate and test its ToolKITT software on remotely operated vehicles.</li>
<li>Tevogen Bio Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVGN#NASDAQ">TVGN</a>) gained 41.2% to $1.92 in pre-market trading following third-quarter results.</li>
<li>Digital Brands Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) gained 30.7% to $0.1524 in pre-market trading after jumping around 18% on Tuesday.</li>
<li>JX Luxventure Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JXJT#NASDAQ">JXJT</a>) gained 26.2% to $1.64 in pre-market trading after declining around 12% on Tuesday.</li>
<li>KORE Group Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORE#NYSE">KORE</a>) gained 25.1% to $2.29 in pre-market trading after the company reported better-than-expected quarterly sales results.</li>
<li>Algorhythm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) gained 23.4% to $0.3150 in pre-market trading after reporting third-quarter results.</li>
<li>Hoth Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOTH#NASDAQ">HOTH</a>) climbed 22.2% to $0.9993 in pre-market trading after the company was granted U.S. Patent No. 12,144,815 titled &#8220;Use of Aprepitant for Treating Alzheimer&#8217;s Disease.&#8221;</li>
<li>Kingsoft Cloud Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) gained 20.8% to $5.55 in pre-market trading. Kingsoft Cloud, on Tuesday, reported a fiscal third-quarter 2024 revenue of 1.89 billion Chinese yuan ($268.7 million), up by 16.0% year-on-year, beating the analyst consensus estimate of $247.46 million.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>PainReform Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRFX#NASDAQ">PRFX</a>) shares tumbled 26.4% to $1.03 in pre-market trading after jumping 162% on Tuesday. The company announced a 1-for-4 reverse stock split.</li>
<li>X3 Holdings Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) fell 27.4% to $0.1050 in pre-market trading. XTKG announced a 1-for-20 share consolidation.</li>
<li>Solidion Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares fell 21.2% to $0.5003 in pre-market trading following third-quarter results.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) declined 16.7% to $0.3912 in pre-market trading after jumping 123% on Tuesday. Volato Group, on Monday, reported a year-over-year increase in third-quarter financial results.</li>
<li>HCW Biologics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCWB#NASDAQ">HCWB</a>) shares fell 16.6% to $0.9180 in pre-market trading after dipping 11% on Tuesday. The company announced a $6.9 million direct offering and private placement.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) dipped 15.4% to $264.00 in pre-market trading after the company reported worse-than-expected fourth-quarter revenue results.</li>
<li>Destiny Tech100 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NASDAQ">DXYZ</a>) shares dipped 13.4% to $39.18 in pre-market trading after jumping 24% on Tuesday.</li>
<li>Workhorse Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) fell 13.1% to $1.06 in pre-market trading after posting quarterly results.</li>
<li>Silvercorp Metals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVM#NYSE">SVM</a>) fell 11.3% to $3.59 in pre-market trading after the company announced a $130 million convertible senior notes offering.</li>
<li>QuidelOrtho Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QDEL#NASDAQ">QDEL</a>) fell 6.7% to $36.01 in today's pre-market trading after the company announced the pricing of secondary offering of common stock by the Carlyle Group.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/24/11/42069785/wall-streets-most-accurate-analysts-weigh-in-on-3-defensive-stocks-with-over-5-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Defensive Stocks With Over 5% Dividend Yields</a></li>
</ul>

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Why Keysight Technologies Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket

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Powell Industries Stock: My Top Pick For The Long-Term

Powell Industries: Don't Chase This Rally - No Margin Of Safety

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Press Releases

Powell Industries Announces Date and Conference Call for Fiscal 2024 Second Quarter Results

Dividends

Powell Industries Declares Quarterly Cash Dividend

Powell Industries Announces Fiscal 2024 Second Quarter Results

Powell Industries Announces Date and Conference Call for Fiscal 2024 Third Quarter Results

Powell Industries Announces Third Quarter Fiscal 2024 Results

Powell Industries Announces Date and Conference Call for Fiscal 2024 Fourth Quarter and Full Year Results

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Powell Industries

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最新ニュース Powell Industries (NASDAQ:POWL) 株価情報

水曜日, 7 31, 2024

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