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ROUNDTABLE: 4 EXPERTS, 30 PICKS • PAGE 14

VOL. CIV NO. 5 JANUARY 29, 2024 $5.00

MICROSOFT
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For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

CRUSHES IT
CEO Satya
Nadella is
infusing AI into all
of the company's
offerings, lifting
its market value
to $3 trillion.
Can he keep
the winning
streak alive?
PAGE 22

>
63142
C O NT EN TS 01.2 9.24 VOL.CIV NO.5

P. 22 P. 14 P. 28

AI Holds the Key to Trader: Stocks Rise


Valuing Microsoft From Birkenstocks to Baseball Despite Risks Ahead
Cover Story: Microsoft is betting Roundtable Part III: The final installment of our annual stock-picking series spans a Even strong economic news—
on the power of artificial wide range of topics—and features more than two dozen picks from four top market which could derail Fed rate-cut
intelligence to supercharge its watchers. By LAUREN R. RUBLIN hopes—hasn’t deterred the bulls.
offerings. It could take several Plus, it’s time to buy small-caps.
years to pay off. By JACOB SONENSHINE
By ANDY SERWER
P. 31
P. 6
International: China’s
Up & Down Wall Street: U-Turn on EVs
Soon, More Fed Clarity Beijing has reason to tap the brakes
Investors want rate cuts—without on its overheated electric-vehicle
the usual economic distress. segment. BYD and its rivals might
By RANDALL W. FORSYTH shift their sights to Europe instead.
By CRAIG MELLOW
P. 8 ABBY JOSEPH HENRY
P. 32
Streetwise: Exxon Can COHEN ELLENBOGEN

Thrive Even if Oil Dips Striking Price: How to


Protect Your Gains
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Exxon aims to unlock $25 billion


in yearly cash flow—and use that A “put spread” options strategy
money for more stock buybacks. pays off if market panic erupts.
By JACK HOUGH By STEVEN M. SEARS

P. 10 P. 55

Chesapeake Energy Retirement: Tweaking


Stock Could Soar 55% Your Medicare Plan
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

The merger of natural-gas plays MARIO RAJIV Enrollees in Medicare Advantage


Chesapeake and Southwestern GABELLI JAIN have a brief window to change
makes a lot of sense, beyond just insurance providers or go back to
the synergies it will yield. traditional Medicare. What to
By NICHOLAS JASINSKI know if you’re considering a move.
By ELIZABETH O’BRIEN
P. 12

Swing-for-the-Fences ROUNDTABLE: 4 EXPERTS, 30 PICKS • PAGE 14

P. 25 P. 26
Hedge Funds Are Out Barron’s Roundtable
Funds: A Simple Way Tech Trader: What
VOL. CIV NO. 5 JANUARY 29, 2024 $5.00

The top multistrategy hedge funds MICROSOFT

to Spread Your Bets Earnings Will Reveal on Fox Business

Photographs by Mackenzie Stroh; Grooming by Stacy Skinner


are masters of reinvention, drawing CRUSHES IT
from different strategies at different Equal-weight exchange-traded This week’s reports from Alphabet, Watch our weekly TV show
CEO Satya
Nadella is
infusing AI into all
of the company's
offerings, lifting
its market value
to $3 trillion.

times to maximize gains and funds could be ready to shine after Microsoft, Amazon, Apple, and Fridays at 7:30 p.m. ET, and
Can he keep
the winning
streak alive?
PAGE 22

>
63142

avoid big losses. a year dominated by Big Tech. Meta will provide insight into AI, Saturdays and Sundays at 9:30
By BILL ALPERT Cover photograph by Here are smart ways to use them. ad spending, the cloud, and more. a.m. and 10:30 a.m. ET. This week,
Meron Menghistab
By DEBBIE CARLSON By ERIC J. SAVITZ KKR’s Henry McVey on small-caps,
P. 54 real estate, and AI. Plus, what’s
© 2024 Dow Jones & Company,
P. 25 P. 27 ahead for Netflix after a blowout
Combating China Inc. All Rights Reserved.
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the Yields on Munis Losing Its Appeal options amid trouble at Boeing.
the market on critical minerals. Monday. Editorial and Publication Municipal bonds lately may not China, Japan, and others hold
Headquarters: 1211 Avenue of
Investing in emerging technologies the Americas, New York, N.Y. look as appealing as other income nearly $3 trillion of Treasuries. Index P. 4 Winners and Losers P. 35
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Burnett Rd., Chicopee, MA 01020 Charting the Market P. 34 Mailbag P. 55
By SARAH SEWALL By AMEY STONE By WILLIAM PESEK
January 29, 2024 BARRON’S 3

THE UTILITIES SECTOR OF THE S&P 500 IN ONE ETF


Sector SPDRs allow you to invest in pieces of the S&P 500. Like Utilities. While adding diversification and reducing single stock risk. These ETFs combine

the diversification of a mutual fund and the tracking of an index with transparency and liquidity.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

XLU UTILITIES SECTOR SPDR ETF TOP 10 HOLDINGS*


Company Name

NextEra Energy
Symbol

NEE
Weight

13.30%
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Southern SO 8.16%
Duke Energy DUK 7.98%
Sempra SRE 5.02%
American Electric Power AEP 4.56%
Dominion Energy D 4.20%
PG&E PCG 4.11%
Constellation Energy CEG 3.99%
*Components and weightings as
of 12/31/23. Please see website for Exelon EXC 3.81%
daily updates. Holdings subject
Xcel Energy XEL 3.65%
to change.

Aninvestorshouldconsiderinvestmentobjectives,risks,chargesandexpensescarefullybeforeinvesting.Toobtainaprospectus,whichcontainsthisandotherinformation,call1-866-SECTOR-ETFor
visit www.sectorspdrs.com. Read the prospectus carefully before investing.
The S&P 500, SPDRs®, and Select Sector SPDRs® are registered trademarks of Standard & Poor’s Financial Services LLC. and have been licensed for use. The stocks included in each Select Sector Index were selected by the compilation agent.
Their composition and weighting can be expected to differ to that in any similar indexes that are published by S&P. The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S.
stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. Investors cannot invest directly in an index.
The S&P 500 Index figures do not reflect any fees, expenses or taxes. Ordinary brokerage commissions apply. ETFs are considered transparent because their portfolio holdings are disclosed daily. Liquidity is characterized by a high level
of trading activity.
Select Sector SPDRs are subject to risks similar to those of stocks, including those regarding short-selling and margin account maintenance. All ETFs are subject to risk, including possible loss of principal. Funds focusing on a single sector
generally experience greater volatility. Diversification does not eliminate the risk of experiencing investment losses.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
4 BARRON’S January 29, 2024

I N D EX
Our index lists significant companies mentioned in stories and columns, For Customer Service, call 1 (800) 544-0422, or go to
plus Research Reports, and Corrections & Amplifications. The references customercenter.barrons.com. For reprints of articles,
are to the first page of the item in which the company is mentioned. call 1 (800) 843-0008, or go to djreprints.com.

A Accenture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 K Kindred Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Maplebear . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 O Old Dominion Freight Line . . . . . . . . . . . . . . . . 17


Adani Enterprises . . . . . . . . . . . . . . . . . . . . . . . . . 18 KKR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Meta Platforms . . . . . . . . . . . . . . . . . . . . . 9,25,26,30 ON Semiconductor . . . . . . . . . . . . . . . . . . . . . . . . . 29
Adani Ports and Special Economic Zone . . . 19 Microsoft . . . . . . . . . . . . . . . . . . . . . . . . 9,22,25,26,28
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . 9,22,25,26,28 L La Francaise des Jeux . . . . . . . . . . . . . . . . . . . . . . 9 Mobileye Global . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Amazon.com . . . . . . . . . . . . . . . . . . . . . 9,22,25,26,28 Liberty Media . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 P Paramount Global . . . . . . . . . . . . . . . . . . . . . . . . . . 21
American Airlines Group . . . . . . . . . . . . . . . . . . . 34 Logitech International . . . . . . . . . . . . . . . . . . . . . 26 N Netflix . . . . . . . . . . . . . . . . . . . . . . . . 9,21,23,28,34,36 PayPal Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Apple . . . . . . . . . . . . . . . . . . . . . . 9,13,18,22,25,26,28 Lynas Rare Earths . . . . . . . . . . . . . . . . . . . . . . . . 20 Nippon Prologis . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 PBF Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Archer Daniels Midland . . . . . . . . . . . . . . . . . . . . 34 Nuveen AMT-Free Quality Muni Income . . . 25 Petrobras . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Arm Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 M Macy's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Nvidia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,25,26,30 Pfizer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Atlanta Braves Holdings . . . . . . . . . . . . . . . . . . . 21 Madison Square Garden Sports . . . . . . . . . . . . 21 NXP Semiconductors . . . . . . . . . . . . . . . . . . . . . . 29 Plug Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Prologis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,20

B Bank Central Asia . . . . . . . . . . . . . . . . . . . . . . . . . 19


Banco BTG Pactual . . . . . . . . . . . . . . . . . . . . . . . . 18 R Robinson Tax Advantaged Income . . . . . . . . . 25
BBVA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Beacon Roofing Supply . . . . . . . . . . . . . . . . . . . . 33
Birkenstock Holding . . . . . . . . . . . . . . . . . . . . . . . 17 S Salesforce . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,24
BJ's Restaurants . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Sanofi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
BlackRock Strategic Municipal Opportunities25 Seagate Technology Holdings . . . . . . . . . . . . . . 26
Boeing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,32,36 Lachlan Murdoch, Executive Chairman, News Corp ServiceNow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Bright Horizons Family Solutions . . . . . . . . . . 16 Rupert Murdoch, Chairman Emeritus, News Corp Sony Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
BYD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Robert Thomson, CEO, News Corp Almar Latour, CEO, Dow Jones Southwestern Energy . . . . . . . . . . . . . . . . . . . . . . 10
Sphere Entertainment . . . . . . . . . . . . . . . . . . . . . 21
EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER Dan Shar Strategic Municipal Opportunities . . . . . . . . . . 25
C Chesapeake Energy . . . . . . . . . . . . . . . . . . . . . . . 10 EDITOR IN CHIEF David Cho Synopsys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Chemed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Chevron . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,11,18 EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin
Chipotle Mexican Grill . . . . . . . . . . . . . . . . . . . . . . 9 T Taiwan Semiconductor Manufacturing . . . . . . 18
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CME Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Alex Eule, Ben Levisohn


DEPUTY EDITORS Talos Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
CNH Industrial . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt Technology Select Sector SPDR . . . . . . . . . . . 32
Comcast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 EDITOR AT LARGE Andy Serwer Tegna . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Control Empresarial de Capitales . . . . . . . . . . 33 Tesla . . . . . . . . . . . . . . . . . . . . . . . 9,17,25,26,28,31,34
MANAGING EDITORS Matt Bemer, Daren Fonda, Amey Stone, Joe Woelfel Texas Instruments . . . . . . . . . . . . . . . . . . . . . . 26,29
TFI International . . . . . . . . . . . . . . . . . . . . . . . . . . 33
D Daikin Industries . . . . . . . . . . . . . . . . . . . . . . . . . . 20 ASSISTANT MANAGING EDITORS Henry Cutter, Mel Gray, Anita Hamilton, Mary Romano, 3M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Daseke . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Robert Sabat, Rupert Steiner (London bureau chief) Toast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Deckers Outdoor. . . . . . . . . . . . . . . . . . . . . . . . . . . 36 TotalEnergies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz
Deere . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Toyota Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Dell Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . 33 SENIOR WRITERS Bill Alpert, Lauren Foster, Nicholas Jasinski, Tae Kim, Megan Leonhardt,
Disney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Joe Light, Elizabeth O’Brien, Al Root, Avi Salzman
DuPont . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 U United Rentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
REPORTERS Jacob Adelman, Janet H. Cho, Adam Clark, Emily Dattilo, Jack Denton, Catherine Dunn,
Sabrina Escobar, Callum Keown, Evie Liu, Shaina Mishkin, Josh Nathan-Kazis, Angela Palumbo,
E Estée Lauder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 V Visa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Teresa Rivas, Connor Smith, Jacob Sonenshine, Brian Swint, Karishma Vanjani, Andrew Welsch
Exxon Mobil . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,9,11
STORY EDITORS Ed Lin, Erin McCarthy, Liz Moyer, Patrick O’Donnell, Stacy Ozol,
W Warner Bros. Discovery . . . . . . . . . . . . . . . . . . . 21
Ross Snel, Neal Templin, J.J. Thompson
G Gilead Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Wix.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Grupo Televisa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 COPY DESK Michael J. Burlingham, Robert Teitelman

H Henry Schein . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 IDEAS EDITOR Matt Peterson Z Zee Entertainment Enterprises . . . . . . . . . . . . . 9


Hermès . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary
Hewlett Packard Enterprise . . . . . . . . . . . . . . . 24
Honda Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Nick Devor, Clare McKeen
HubSpot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Humana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 HEAD OF VISUALS Chelsea Schiff
ART DIRECTORS Lynne Carty, Shayanne Gal, Nick Hallam, Sue Ng
DIRECTOR OF PHOTOGRAPHY Sarina Finkelstein PHOTO EDITORS Alis Atwell, Halie Chavez, Nicole Silver
I IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,34
Inhibrx . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 RESEARCHER Dan Lam
Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,26,28,34
International Holding Company . . . . . . . . . . . . 18 STATISTICS MANAGER Michael T. Kokoszka STATISTICIAN Darren Chima
Invesco Energy Exploration & Production . 32 ADVERTISING SERVICES MANAGER James H. Balmer
Invesco S&P SmallCap Energy . . . . . . . . . . . . 32
iShares National Muni Bond . . . . . . . . . . . . . . . 25 NEWS editors@barrons.com STATISTICS barronsstats@barrons.com CUSTOMER SERVICE 800-544-0422
iShares Semiconductor . . . . . . . . . . . . . . . . . . . . . 29 GLOBAL HEAD, WEALTH & ASSET MANAGEMENT Jack Otter

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January 29, 2024 BARRON’S 5
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6 BARRON’S January 29, 2024

UP & D OWN WALL STREET


Dreyfus-Mellon’s Vincent Reinhart warns that it’s
too early for the Fed to take a victory lap on
inflation with supply-side woes still lurking.

The Fed Confronts an


omist and macro strategist at Dreyfus- Canal and Houthi attacks on commer-
Mellon and former secretary and econ- cial vessels in the Red Sea are delaying
omist at the FOMC. The market’s shipments and pushing up costs.
pricing of up to six rate cuts implies At the same time, the economy con-

Urgent Question: Can


economic distress, but the hope is for tinues to grow above trend. Fourth-
cuts without distress, which is inter- quarter gross domestic product handily
nally inconsistent, he told Barron’s. beat economists’ projections, showing
The primary case for the Fed to a 3.3% real (inflation adjusted) annual

Investors Have It All?


lower its policy rate is marked deceler- rate of growth, which followed the pre-
ation in inflation. The monetary au- vious quarter’s 4.9% blowout results.
thorities’ preferred measure, the core Tom Porcelli, chief U.S. economist
personal-consumption expenditures at PGIM Fixed Income, avers that the
index, which excludes food and energy, easing in inflation means the real fed-
has slowed to about a 2% annual rate funds rate represents very tight policy.

T
measured over the past three- and six- The “neutral” policy rate would be
here are decades March futures put slightly less than month intervals, in line with their tar- around 4%, though nobody can accu-
when nothing hap- 50-50 odds of an initial cut that month get. On a year-over-year basis, core rately tell what the elusive level is that
pens, and there are but then see quarter-point cuts every PCE sported a “two handle,” in trader neither boosts nor retards growth. But
weeks when de- FOMC meeting thereafter, beginning parlance, at 2.9% in December, down a bit of humility is called for, he adds in
cades happen, on May Day. At Friday’s settlement, from its peak 5.5%. an interview, with no “Mission Accom-
Vladimir Lenin December futures implied a 4.085% Reinhart cautions that it’s too early plished” declarations.
has been quoted fed-funds rate, compared with a 4.6% for the Fed to take a victory lap on in- The FOMC won’t have January jobs
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

as saying. The coming week may not BY RANDALL median from the most recent FOMC flation. Most of the improvement has data, due the following Friday. The con-
pack in 10 years’ worth of market W. FORSYTH Summary of Economic Projections. come from an easing of supply-side sensus among economists is another
and economic news, but it is certainly Those rate-cut expectations ironi- constraints that bedeviled the economy solid rise of 175,000 in nonfarm pay-
shaping up as the most eventful one cally come while the stock market hov- during and after Covid. But those rolls, down from December’s surpris-
for investors so far this year. ers near record highs and economic dreaded supply-chain woes could re- ingly strong 216,000, with a possible
The Federal Open Market Commit- data continue to surprise to the upside. turn, based on an uptick in the New uptick of one-tenth in the jobless rate,
tee winds up its two-day meeting on In essence, investors want it all, York Fed’s index of those pressures. to 3.8%. Pay is also a focus, and the
Wednesday, and while it’s all but cer- observes Vincent Reinhart, chief econ- The low water level in the Panama Fed’s preferred measure, the Employ-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

tain that no interest-rate actions will be ment Cost Index, is out on Wednesday.
taken, we will be looking for clarifica- The expectation: a 1% rise in the quar-
tion about the wide gap between the ter. And the December Job Openings
much bigger expectations for rate cuts and Labor Turnover Survey should
from the market and the smaller ones show further easing in openings.
the panel projects. The Treasury will outline its bor-
Crucial data on the state of the labor rowing needs on Monday and the
market are also on tap, and the Trea- breakdown in its bill, note, and bond
sury will outline its borrowing plans, offerings on Wednesday. As I noted a
which has big implications beyond the few weeks ago, Uncle Sam’s decision to
bond market. And corporate earnings trim its offerings of longer-dated secu-
reporting season reaches a crescendo, rities helped to kick off the big bond
featuring five of the technology mega- and stock rallies of late 2023. For now,
cap companies. corporations have been rushing to mar-
The FOMC meeting takes center ket to borrow at narrow spreads over
stage amid all these happenings, espe- risk-free government securities, with
cially Federal Reserve Chairman Je- $168 billion issued in the month
rome Powell’s news conference on through Thursday, almost $10 billion
Wednesday afternoon. The panel won’t above the total for January 2023.
produce new projections from those These favorable borrowing terms,
released in December, which showed along with major averages ending the

Walter Hurtado/Bloomberg
a median expectation of three cuts of week at or near records, indicate easy
one-quarter percentage point each by financial conditions, which are a spur
year end from the current federal- to growth. And while the fed-funds
funds target range of 5.25% to 5.5%. rate is a comfortable margin above
But fed-funds futures project five inflation, it remains a half percentage
and as many as six cuts by December, point below the growth in nominal
according to the CME FedWatch site. A tugboat maneuvers a container ship in the Panama Canal, which has been crippled by low water levels. GDP of 5.8% last year, as measured in
January 29, 2024 BARRON’S 7

current dollars, notes Joseph Carson, for- albeit not until 1991. The subsequent recov-
mer chief economist at AllianceBernstein, ery in 1992 was too tepid to help the re-elec- TA P I N T O
on his blog. There has never been a reces- tion campaign of then-President George
sion when the fed-funds rate was below H.W. Bush, who later blamed Greenspan for
nominal GDP over the past five decades, his defeat to Bill Clinton that year.
all of which have been quite eventful. The 1995 rate cuts followed steep in-
creases in rates the preceding year, which

T
hat old saw from former Fed roughly doubled from about 3% to 6%. That
Chairman William McChesney led to a series of financial fallouts, from up-
Martin—that it was the central heavals in the Treasury and mortgage-
bank’s job to take away the
punch bowl when the party was warming
up—now seems a quaint artifact from the
backed securities markets to the bankruptcy
of Orange County, Calif., which speculated
in derivatives, to Mexico’s “tequila crisis,”
years of experience
misty past. which resulted in the collapse of the peso
One sign we were starting to party and a bailout. But no recession ensued.
hearty was the stock market setting re- Another international debt crisis, culmi-
cords. When Martin first uttered that now- nating in the Russian default and ruble ANSWER
famous phrase in 1955, the Dow Jones In- plunge in 1998 and leading to the collapse of
dustrial Average had, just a year earlier, the Long-Term Capital Management hedge
surpassed its peak hit before the Crash of fund, resulted in the Fed easing in Septem-
1929. All of which conjured up bad memo- ber of that year. But the U.S. economy didn’t
ries of the hangover that followed the bath- miss a beat, continuing to grow at 4%-plus
tub gin parties of the Roaring ’20s. So, the rates during a tech boom.
message went, better lock away the hooch The 1998 rate cuts to stave off a bear
before things get too frisky. market came to be known as the “Green-
Attitudes could hardly be more differ-
ent today. The S&P 500 index notched its
span put,” a form of insurance against de-
clines. If the market was partying like it was simple questions
fifth-straight record high close on Thurs- 1999, it was because the Fed provided the
day. Yet the markets appear certain that booze. And when it took it away, the boom
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

the Fed will reopen the liquor cabinet with in internet initial public offerings and
six cuts this year in its fed-funds target, stocks in general came to an abrupt end, as
totaling 1.5 percentage points from the I explained then. ACHIEVE
current range of 5.25% to 5.5%. But the Fed wasn’t able to prevent steep
Fed rate cuts with stocks at all-time highs market drops resulting from the tech bust
would be unusual, says James Bianco, the in 2000-01, the financial crisis of 2007-09,
eponymous head of Bianco Research. Typi- or the Covid crisis of 2020. They occurred
cally, monetary easing provides the liquidity despite unprecedented rate cuts, to 1% by
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

(or liquid courage, if you will) to bid up 2003, and 0% to 0.25% in 2009 and again
stocks and start a bull run after they’ve in 2020. And, as Bianco’s data show, stocks
fallen. But, he notes in an email, that hasn’t were lower than from the time of the initial
always been the case. Equities’ reaction to
Fed easing has depended importantly on the
rate cuts in 2001 and 2007, but were higher
a year after the first cut in July 2019.
simple goal
era and the economic backdrop. So, he asks, when the Fed cuts this time,
Prior to 2000, stocks reacted positively will it resemble pre-2000 or post-2000?
to Fed easing. After initial rate cuts in June Bulls hope 1995 is the precedent. The Fed
1989, July 1995, and September 1998, the started to trim its key rate—but only
S&P 500 returned an average of 20% in the slightly, from 6% to the mid-5% range, after
subsequent year, according to Bianco’s the previous year’s sharp hikes—and the
Helping you find the right financial advisor.
charts. The positive returns resulted when great fin de siècle rally took flight as disinfla-
the Fed, then chaired by Alan Greenspan, tion continued.
was dealing with inflation in a distinct The markets now anticipate much Find your advisor
downtrend. The central bank wasn’t ac- sharper fed-funds rate cuts, with the Fed’s
tively fighting a recession, he observes. preferred inflation measure approaching its for free at
After the turn of the century, however, 2% long-range target. Meanwhile, unem-
the pattern changed. Stocks were lower by ployment—the central bank’s other policy
Barrons.com/advisorfinder
an average of 5% a year after initial Fed rate objective—hovers near a historic low of
cuts in January 2001, September 2007, and 3.7%, while the S&P 500 stands at a record.
July 2019. Bianco’s take is that in these Bulls should hope that last century is
post-2000 episodes, the Fed was panicking the precedent for Fed easing. The 21st cen-
that the economy was falling apart. tury’s sharp rate cuts were done to counter
Let’s look more deeply at the economic real recessions. They were like Bloody
and financial backdrops of these various Marys, which do little to cure the hang-
Fed rate-cutting cycles. overs from previous excesses. B
In 1989, the Fed cut rates but the econ-
omy succumbed to a mild recession anyway, email: randall.forsyth@barrons.com © 2022 Dow Jones & Company, Inc. All rights reserved. 2E281
8 BARRON’S January 29, 2024

ST R E E T W I S E
Exxon is in the middle of a push to unlock more
than $25 billion by 2027 from a variety of sources,
including drilling, refining, and cost-cutting.

Oil Has Had a Wild


will be sold sooner or later.” up. It alone could generate $4 billion
Long term, there are other factors in yearly cash flow by 2027.
that bode well for restraint. Only a Downstream operations, where oil
handful of places in the world can is refined into fuel and chemicals like

Ride. The Case for


ramp up meaningful production plastics, are getting an overhaul, too.
quickly, including the Middle East, By increasing the sophistication of its
the U.S., Brazil, and Guyana. Costs refineries, Exxon can make use of
are up. “You can’t just go drill any- lower-quality, and thus cheaper,

Owning Exxon Mobil.


where around Oklahoma and expect crude. And by co-locating fuel plants
to make a profit because it’s going to with plastics production, it can shift
cost you 40% more to drill the well focus between the two according to
today than it did a couple of years market demand, while bringing down
ago,” says Ramos-Peon. feedstock costs.
Then, factor in continued demand Add to this mix cost-cutting and,

M
growth and well depletions, plus major I suppose, some clean-energy efforts.
y proprietary precisely because it has done more oil companies, which tend to score best Exxon is capturing carbon and, with
oil model pre- than rivals to unlock cash flow and on environmental metrics, guarding it, government incentives. It’s also
dicts less price improve its financial resilience. Also, their image. New oil wells often pro- exploring for lithium and building
volatility the shares, down 13% over the past duce natural gas as a byproduct that biofuel production. None of these will
ahead. OK, year, versus a 20% gain for the S&P can’t easily be transported for sale. mint money like oil anytime soon, but
there’s no 500 index, look affordable. More on Releasing it into the air takes a heavy Exxon at least looks likely to generate
model, but a that case in a moment. environmental toll. Flaring, or burning a trickle of cash, not blow gobs of it,
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

chart of spot Texas crude still makes BY JACK I reached out to Alexandre Ramos- it, is better but not ideal, and it’s from its green-energy efforts.
me shake my J.R. Ewing Stetson in HOUGH Peon, vice president of shale research tracked by satellite images. Oil majors TD Cowen’s Gabelman is skeptical
disbelief at how nuts energy trading at Norway-based Rystad Energy, for “flare zero mostly, which means that that Exxon will reach its $25 billion-
got over the past five years. OK, his thoughts on oil’s trajectory. Rystad even if they wanted to grow produc- plus goal. He says $19 billion looks
there’s no Stetson, either. sells data and analysis on worldwide tion, it would be very hard to do that more likely, but that is plenty. The oil
Early in the pandemic, near the production to drillers, their suppliers, without increasing these emissions,” price needed to cover Exxon’s divi-
expiration for May 2020 futures con- government, and banks. The oil mar- says Ramos-Peon. All of this points to dend payment is likely to fall from
tracts, oil briefly sold for negative $37 ket is likely to be oversupplied in the sustained prosperity for the oil indus- $45 now to $40 by 2025, says Gabel-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

per barrel, because highways were years ahead, with prices gently declin- try, even if prices dip. man. Peers are at $50. Exxon says it
empty, storage tanks were stuffed, and ing, but not plunging, he says. Back to Exxon. It’s in the middle of a can eventually get to $35. This is less
there was nowhere to receive the stuff. Big drillers are focused on long- push to unlock more than $25 billion in about whether payments are safe than
In summer 2022, with demand re- term inventory management and cash- yearly cash flow from operations by whether oil companies can continue to
stored, and Russia well into its flow preservation. “Nobody wants to 2027 from a variety of sources. Start afford their other shareholder goodies,
Ukraine invasion, prices topped $120. go back to a model where you win with drilling, or what the industry calls says Gabelman. Exxon wants to spend
More recently, Texas crude sold for market share just for the sake of upstream operations. Darren Woods, more a year on stock buybacks than it
$77, down from $90 at the end of Sep- growth,” says Ramos-Peon. But wild- the company’s chief executive since does on dividends. Its ballooning cash
tember, but up from $72 since the start catters, or drillers with only a handful 2017, laid out a countercyclical growth flow plus $28 billion in estimated bal-
of this year. The futures curve implies of rigs, often backed by private equity, strategy that involves developing low- ance sheet capacity will help.
that prices will fall from the high to have a different plan. “They want to cost oil sources that can earn nicely in Chevron has suffered delays with
low $70s from now through 2027. prove to the investors that they’re sit- a variety of markets. Chief among these some marquee production assets. As-
Jason Gabelman, an oil stock analyst ting on good acreage, that they can is a massive project in Guyana that, suming oil prices dip by 2026, stock
at TD Cowen, is more cautious, as- grow production fast,” he says. ”They after long delays, is steadily ramping buybacks could, too, says Gabelman.
suming high $70s for now but $65, on This past week, he downgraded Chev-
average, in 2026 and 2027. But this ron to Market Perform from Outper-
past week he upgraded Exxon Mobil form. Long term, he says, the com-
to Outperform from Market Perform, BARRONS.COM/PODCASTS pany should prosper as delays give
predicting a healthy stock gain to go way to higher cash flows.
with its 3.7% dividend yield.
Even if oil fell to $65 a barrel, oil
companies could still profit nicely—
Barron’s Streetwise Exxon, notes Gabelman, was re-
cently trading at a free cash yield of
8%, based on his estimates. Leading
U.S. ones have brought down the In a weekly podcast by Barron’s, columnist Jack Hough looks up the pandemic, a yield of 6% or
break-even price needed to cover their at the companies, people, and trends you should be watching. lower was more typical. Accordingly,
dividends by some $20 a barrel since This is Wall Street like you’ve never heard before. Subscribe he expects shares to trade up to $115
the early days of the shale drilling to Barron’s Streetwise on Spotify, Apple Podcasts, from a recent $102. B
revolution more than 15 years ago, or your favorite listening app.
says Gabelman. He likes Exxon now email: jack.hough@gmail.com
January 29, 2024 BARRON’S 9

R E V IEW & PREV IEW 38,109.43 554.01


Sign up for the Review &
Preview daily newsletter at
barrons.com/reviewpreview.
Dow Industrials: + 245.63 Dow Global Index: + 6.88

LAST WEEK TH IS WEEK

Markets: China’s CSI 3000 index hit Tuesday 1/30


its lowest level in five years, as the gov-
ernment reduced bank reserve require- In a week in which more than 100
ments and mulls other measures. Bit- S&P 500 companies are expected to
coin prices fell 15%, then bounced. report earnings, all eyes will be on five
Tech stocks powered more index highs. of 2023’s Magnificent Seven. Alphabet
Fourth-quarter growth came in above and Microsoft announce quarterly
expectations at 3.3%. December infla- results on Tuesday. Amazon.com,
tion was moderate at 0.2%. On the Apple, and Meta Platforms follow
week, the Dow rose 0.65% to a new on Thursday. Shares of the five compa-
high. The S&P gained 1.06%, and the nies, which have a combined 24%
Nasdaq Composite, 0.94%. weighting in the S&P 500 index, gained
an average of 88% last year, and are up
Companies: Exxon Mobil sued two 6.5% on average so far this year.
investment firms planning to introduce
a shareholder proposal to reduce emis-
sions. The FAA froze an increase in Wednesday 1/31
Boeing’s 737 MAX production. It was

Chipotle’s
A Lot of Avocados a big earnings week: Johnson & John- The Federal Open Market Commit-
Chipotle shares have rallied around son barely beat on earnings; price tee announces its monetary-policy de-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

50% over the past year. hikes lifted Procter & Gamble; Net- cision. The FOMC is widely expected

Gen Z Hunt
(CMG / NYSE) flix added 13 million new subscribers; to keep the federal-funds rate un-
$2,400 Tesla and Intel warned of slowing changed at 5.25%-5.50%. Wall Street
sales. JPMorgan Chase’s Jamie Dimon will be listening intently to Fed Chair-
2,200 again reshuffled his senior team. Suc- man Jerome Powell’s postmeeting con-
cession, anyone? Microsoft topped $3 ference for signals about when the cen-
Chipotle Mexican Grill is prepping for so-called 2,000 trillion in market cap for the first time. tral bank might begin cutting interest
“burrito season,” which runs from March to May, rates. Despite strong GDP growth in
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

when warmer weather attracts more customers, 1,800 Deals: Macy’s rejected a $5.8 billion 2023 and a tight labor market, traders
particularly at colleges. The company hopes to hire takeover offer from Arkhouse Manage- are pricing in a 50% chance of a quar-
19,000 new full- and part-time employees while 1,600 ment and Brigade Capital Manage- ter-of-a-percentage-point rate cut at the
expanding to 7,000 restaurants in North America, ment, a 19% premium…France’s na- March FOMC meeting.
up from 3,300 in September. Its target: Gen Zers. 1,400 tional lottery, FDJ, agreed to buy
Gen Zers account for 73% of Chipotle employ- Feb. 2023 '24 Sweden’s Kindred for $2.7 billion,
ees. While the youngest Gen Zers are in middle Source: FactSet creating a Euro betting giant…Sanofi Friday 2/2
school, the oldest turn 27 this year. Glassdoor Eco- agreed to pay $2.2 billion to buy Cali-
nomic Research says that Gen Z employees will Slicing Up the Pie fornia-based Inhibrx. The French The Bureau of Labor Statistics
overtake baby boomers in the workplace this year. As baby boomers retire, generational pharma plans to keep Inhibrx’s lung- releases the jobs report for January.
The World Economic Forum estimates Gen Z will clout, as a percentage of the U.S. cancer therapy and spin off the rest of Consensus estimate is for an increase
account for a third of the global workforce by 2025. population, shifts to younger cohorts. the company…Sony called off its $10 of 175,000 in nonfarm payrolls, after
To attract Gen Zers, Chipotle is rolling out billion deal for India’s Zee Entertain- a 216,000 gain in December. The
The Greatest
a plan that helps workers pay off student loans Generation
ment, two years after the announce- unemployment rate is expected to tick
0.2%
while saving for retirement, a debit card to help (born before 1928) ment, on a dispute over the CEO job. up to 3.8% from 3.7%.
them build credit, and broader access to mental- The Silent
health resources and financial education. Chipotle Generation 5.48%
(born 1928-1945)
noted that Gen-Zers “are experiencing notable
financial challenges,” from credit-card debt to Baby Boomers THE NUMBERS
20.58%
(born 1946-1964)
“not feel[ing] confident managing their money.”
Gen Zers are likelier to job-hop than older co-
horts. Chipotle hasn’t shrunk from the challenge,
Generation X
(born 1965-1980) 19.61% 85% $3,777 $168 B 10%
Illustration by Elias Stein

investing in sustainable start-ups, staying open later Percentage of busi- Average cost to The amount of The share of work-
Millennials
in college towns during Halloween, and adding Tik- (born 1981-1996)
21.67% ness professionals ship a 40-foot con- investment-grade ers belonging to
Tok-inspired menu items. The payoff? Chipotle who say they are tainer, twice that of corporate debt unions, down from
ranks within the top five restaurant brands favored Generation Z 20.88% thinking of chang- December. The sold so far in Janu- 10.1% in 2022, a
(born 1997-2012)
by Gen Z, according to a Piper Sandler’s survey ing jobs, up from reason: Red Sea ary, the most since new low despite
titled Taking Stock With Teens. — Sabrina Escobar Source: Statista 67% last year. attacks. 1990. union activism.
10 BARRON’S January 29, 2024

Why This Natural-Gas


electricity generation from solar and ects. That’s about 17% of the average
wind increased more than threefold total U.S. production of about 125 bcf/d
from 2012 to 2022, according to the in 2023.
Energy Information Administration— Increasing demand is unlikely to be

Combination Is a Buy
natural-gas power has climbed 38%, to matched by increased supply. Futures
become the largest source of electricity markets are pricing in meaningfully
generation in the U.S. Even in Califor- higher natural-gas prices in the next
nia, which has among the most aggres- few years. The current, or spot, price
sive decarbonization targets in the of U.S. natural gas was recently about
country, three natural-gas power plants $2.60 per million British thermal
that were originally slated to close in units, or MMBtu. Compare that to the
Chesapeake’s merger with Southwestern will allow the new company to 2020 will instead operate until at least December 2024 futures price of $3.60
compete with the majors—and its shares look cheap. 2026, officials said last year. Others per MMBtu. The European natural-
will remain in service even longer. gas price is four times the U.S. price.
It’s not just a U.S. phenomenon. “You’ll still have plenty of [weather
India’s government wants to nearly driven] volatility in the short term, but
triple electricity production from nat- the long term, when adding that LNG
ural gas by 2030. China, the world’s [export] demand, is for a higher natu-
largest energy consumer, is increasing ral-gas price,” says Jefferies’ Byrne.
its use of natural gas as it shifts away That is good news for Chesapeake.
from coal. Europe continues to rely on Once the standard-bearer of the U.S.
natural gas as it makes its green tran- shale revolution under co-founder and
sition. Natural gas will remain essen- CEO Aubrey McClendon, the Okla-
tial, even as oil and coal fade away. homa-based natural-gas producer has
“People mistakenly treat the termi- come a long way since filing for bank-
nal-value risk for fossil fuels all the ruptcy in 2020, when the pandemic
same,” says Mark Viviano, a portfolio caused natural-gas prices to plummet
manager at energy-focused investment and cash flow dried up. Since return-
firm Kimmeridge. “Natural-gas [de- ing to public markets with a new bal-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

mand should be around] longer than ance sheet and management team,
oil, which should mean that natural- Chesapeake has overhauled and
gas stocks will trade at a premium streamlined its portfolio to focus on
versus oil stocks over time.” the U.S.’s most attractive gas-produc-
Much of the growth in demand in ing areas. The company has sent bil-
the U.S. will come from exporting lions of dollars back to shareholders
more liquefied natural gas, or LNG, in dividends and buybacks and has
which can be transported on ships, minimal net debt on its balance sheet.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

rather than via a pipeline. It’s increas- It’s a transition that mirrors what has
BY NICHOLAS JASINSKI By combining acreage and facilities, ingly a geopolitical imperative for the happened across the energy sector.

T
Chesapeake and Southwestern will U.S. to help reduce its European allies’ “The focus has gone from very,
ake the combination of two gain greater efficiencies and scale, reliance on Russian energy. very high-growth targets to a greater
inexpensive natural-gas reducing costs. The resulting com- The combined com- The challenge is getting North emphasis on free-cash-flow genera-
pany will be the
stocks, logical cost savings, pany should also have a sounder bal- U.S.’s largest inde- American–produced natural gas tion, better balance sheets, and more
and the probability of ris- ance sheet as it pays down debt over pendent natural-gas across the pond. Though the Biden shareholder-friendly management
producer. Above, a
ing commodity prices, and time. Higher natural-gas prices in a Southwestern En-
administration just delayed approval of teams,” says David Giroux, chief in-
you have a deal that’s well few years add to the potential upside. ergy rig in West all new LNG export terminals over vestment officer of T. Rowe Price In-
worth a look. And as a pure play, the new Chesa- Virginia. climate concerns, other projects are vestment Management.
That would be the merger of Chesa- peake/Southwestern will have an ele- already under way, and national secu- Chesapeake/Southwestern will be
peake Energy and Southwestern ment of scarcity value for investors rity and economic considerations even stronger. The yet-to-be-named
Energy, which agreed earlier this seeking targeted natural-gas exposure should win out. The EIA expects U.S. combined company will control 1.2
month to combine in an all-stock deal. in a large-cap stock that could eventu- LNG export capacity to double by million acres in Appalachia’s Marcel-
Southwestern shareholders will receive ally find itself in the S&P 500 index. 2027, to about 21.1 billion cubic feet per lus shale patch and 650,000 acres in
0.0867 Chesapeake share for each “The benefits of this deal go beyond day, or bcf/d, including five new proj- the Haynesville shale, which straddles
Southwestern share they hold and own just synergies,” says Jefferies analyst Louisiana, East Texas, and a corner of
about 40% of the postmerger company. Lloyd Byrne, who has a Buy rating and Arkansas. There’s considerable over-
Chesapeake Energy Southwestern Energy
Chesapeake’s recent $77 per share $120 price target on Chesapeake stock, lap: Many of Southwestern’s current
price implies a market value of about up 55%. “Generalist investors with Headquarters Oklahoma City Spring, Texas assets were owned by Chesapeake a

Courtesy Southwestern Energy


$17 billion for the combined company, interest in natural gas as a long-term Recent Price $77.35 $6.48 decade ago. Contiguous acreage and
making it the largest U.S. natural-gas- investment theme should naturally be 52-Week Change -15.2% 17.0% greater scale should lead to lower op-
focused company by market value. looking at Chesapeake/Southwestern.” Market Value (billion) $10.1 $7.1 erating costs for the new company as
Chesapeake’s stock has slid 2% Make no mistake: A bet on Chesa- procurement and transport costs fall.
2023E Revenue (billion) $7.5 $6.5
since the deal was first speculated peake hinges on whether natural gas Capital expenditure spending should
2025E P/E 9.0 4.9
about in the press on Jan. 5, amid vol- remains relevant for the foreseeable become more productive by being able
atility in natural-gas prices. The future. For all of the momentum to- Dividend Yield 3.0% None to place wells more efficiently and
merger, though, makes a lot of sense. ward a greener energy system—U.S. Note: E=estimate Source: FactSet drill laterally longer. Management is
January 29, 2024 BARRON’S 11

targeting $400 million a year in an-


nual cost savings by 2026—an esti-
mate that several analysts see as con-
servative.
“The two companies combined will
have the best ability to deliver natural
gas to markets where it’s needed most,
at the best possible cost structure,”
says Chesapeake CEO Nick Dell’Osso
Jr., who will lead the company after

WHERE
the merger closes.
The new company will be the U.S.’s VOLATILITY
largest independent natural-gas pro-

RISK MEETS
ducer. Chesapeake/Southwestern ex-
tracted at a combined rate of 7.3 bcf/d
in the third quarter of 2023, more than
independent leader EQT’s 5.7 bcf/d,
and closer to Chevron and Exxon
Mobil, which produced 7.9 and 7.7
bcf/d, respectively, mostly from gas
OPPORTUNITY UNCERTAINTY

captured as a byproduct of oil extrac-


tion. The new company plans to export Whatever the conditions, CME Group provides
about 20% of its production to higher-
price international markets.
the tools that global market participants need
What’s more, it should be big to manage risk and capture opportunities.
enough to join the S&P 500, adding
index-fund demand and putting it in With 24-hour access to trading in futures,
the investible universe of generalist options, cash and OTC across all major asset
large-cap investors. Management ex-
classes, you can determine your best position
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

pects to pay down enough debt to earn


an investment-grade credit rating
within a year of closing, even as it and take action at just the right moment.
maintains its variable dividend policy
postmerger, consisting of an annual
base dividend of $2.30 per share, paid
VISIT CMEGROUP.COM/OPPORTUNITY
quarterly, plus 50% of the previous
quarter’s free cash flow. Buybacks
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

should resume once debt comes down.


The result may be a higher multiple
for the stock, says Giroux, a member of
the Barron’s Roundtable and manager
of the T. Rowe Price Capital Appre-
POSITION
ciation fund, which is among the larg-
est holders of Chesapeake stock. EQT,
STRATEGY
with a market value of some $15 billion,
trades for a multiple of about 5.5 times
its enterprise value to expected earn-
ings before interest, taxes, depreciation,
and amortization, or Ebitda, over the
coming year—about a point higher
than Chesapeake or Southwestern to-
day. Closing that valuation gap alone
could mean 20% of upside for the new
company—and that’s before merger
synergies or higher natural-gas prices Laird Hamilton
boost earnings. World-Class Big Wave Surfer
That combination of a low valua-
tion today and the potential for higher
gas prices tomorrow should be all that
investors need to take a look at Chesa-
peake now, says Kimmeridge’s Vivi-
Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and profit you
ano. “That’s a pretty powerful combi- might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.
nation that you don’t normally get,” he Copyright ©2021 CME Group Inc. All rights reserved.
says. “It’s a unique opportunity.”
One that shouldn’t be missed. B
12 BARRON’S January 29, 2024

through high fees. If returns ebb, inves-


tors might question those fees.
Pension funds and other asset allo-
cators have become a bit less smitten
with multistrategy funds, Goldman
Sachs researchers tell Barron’s. While
about 21% of respondents to a Gold-
man survey would like to add to their
investments with multistrats, the pro-
portion who would like to reduce their
exposure rose to 8% last year, com-
pared with 4% in 2022.
That may make it harder for new
multistrats raising capital. When
Bobby Jain, a former top executive at
Millennium, set out to start his own
fund last year, news reports said his
Jain Global Management was hoping
to start with $10 billion under man-
agement. That would have been a
hedge fund record. Since starting to
raise capital in earnest this year, how-
ever, the new multistrat now aims to
launch in July with $5 billion to $6
billion.
“Investors are increasingly feeling
fully allocated,” says Jon Caplis, CEO of
hedge fund research firm PivotalPath.
“Not necessarily negative, but less in-
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terested in adding to these positions.”

More Consistent Players


The top performers in the category
have no trouble attracting more inves-
tors. In fact, they are giving money
back. Citadel is returning $7 billion

How the Best Hedge Funds


est-rate plays, commodity specula- after 2023 gains swelled its assets to
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

tions, or quantitative patterns, others $63 billion. The quant multistrat D.E.
going long or short on specific stocks. Shaw Group is returning all of last
Returns at Izzy Englander’s Millen- year’s profit from its largest fund after
nium ranged from 6% to 26% during a 2023 gain of 9.6%.

Are Routing Competitors the same period.


Ruthless risk controls shield these
multistrategy firms from deep losses
and broad-market swings. Their com-
bination of strong returns and low
Since its launch in 1990, Citadel’s
flagship Wellington fund has returned
19.6% a year on average, compared
with 10.7% for the S&P 500. The firm
now manages about $60 billion, as
volatility has attracted the lion’s share does Millennium. In contrast to dar-
The most successful funds in recent years have pursued multiple of the new cash flowing to the hedge ing, single-strategy heat seekers, the
strategies while avoiding risk. Inside the world of “pod shops.” fund industry over the past half-de- multistrats pursue the cold ideal of
cade. Multistrategy funds now man- good returns but low volatility.
age some $400 billion. “Hedge funds are supposed to de-
BY BILL ALPERT multimanager hedge funds that rivals But lately, Wall Street has been liver diversifying returns regardless of

T
derisively call “pod shops.” wondering if hedge funds have whether the S&P goes up or down,”
he stars of the hedge fund Multistrategy shops like Citadel reached Peak Pod. says David Kabiller, who co-founded
world used to take big and Millennium Management contin- Returns dropped markedly at many the multistrat quant firm AQR. “Mul-
swings and sometimes hit uously shift bets around their firms’ multistrats in 2023. The average fund tistrategies have been the tortoise to
grand slams, like John roster of strategies and portfolio man- in the class returned 5.4%—even as the the single-strategy hare. What wins in
Paulson when he shorted agers. What they have over single- Nasdaq Composite and the S&P 500 finance is the more consistent player.”

Illustration by Calum Heath


the U.S. housing market strategy shops is that they reliably cranked out total returns of 45% and For its part, AQR’s oldest multistrat
before the 2007 financial make money. 26%, respectively. For underperform- fund was up 18.5% last year and has
crisis and made $20 billion. Annual returns at Citadel have ing multistrats, there could be trouble been consistent in its gains.
But swing-for-the-fence hedge ranged from 15% to 38% in the past ahead. The category employs a quarter When Griffin and Englander were
funds haven’t been the big winners in five years, as founder Ken Griffin and of the hedge fund industry’s head count starting their funds in the 1990s, the
recent years. Instead, the best returns his colleagues moved capital among and pays top dollar for talent, then preferred approach among hedge
have come from the multistrategy, dozens of teams—some finding inter- passes those expenses to investors funds was for a star investor to start a
January 29, 2024 BARRON’S 13

stand-alone firm and specialize in a tinized for unintended exposure to a The pass-through structure lets a of new shops. In 2015, there were 38
favored strategy. Pension funds and variety of risks. Losses are quickly cut. firm make investments in talent and multistrat firms in PivotalPath’s index
endowments built diversified, uncor- A 5% drawdown might stop new capi- technology that a fixed management (which counts only firms with more
related portfolios by allocating their tal from getting allocated to a portfolio. fee can’t cover, says David Form, a than $50 million, and a record exceed-
money among different single-strat- A 10% drawdown might cost the port- partner at Sidley Austin, a law firm ing 18 months). In 2023, there were
egy firms. Fund-of-funds firms also folio manager his or her job. that pioneered the arrangement years 62. In just the past year, the multistrat
spread capital among talented special- Some platforms are more tolerant ago. “It’s like a sports team that can shops surveyed by Goldman have
ist firms, seeding a short seller here of losses than others, but a word you spend whatever it costs to get the best grown in number by 41%.
and a bond trader there. hear often is “Darwinian.” After a players,” he says, “versus one whose A study by Barclays last year con-
“Single-manager firms pioneered two-year hiring spree, Schonfeld’s payroll is constrained by a budget.” cluded that older, larger multistrats—
deep fundamental research,” says a returns slowed. When talks of a com- like Citadel and Millennium—have
multistrat executive who started his bination with Millennium broke off, New Kids on the Block better performance than their new
career at traditional long/short funds. Schonfeld cut 15% of its staff in No- Multistrat firms sailed through the challengers. Even among established
“But they did not think a whit about vember. Its main fund ended 2023 up choppy markets of recent years, as the firms, there was wide dispersion be-
risk management.” Many stars of the a modest 4.8%. Covid pandemic and meme madness hind the group average. While AQR
single-manager era eventually suf- Loss aversion makes multistrat tossed investors around. was up more than 18%, Balyasny re-
fered losses that scared away inves- managers less inclined to the heroics “From 2018 to 2022, they could do turned 2.7%.
tors. Tiger Management’s investors of some old-time hedge fund manag- no wrong,” says PivotalPath’s Caplis. Citadel, for one, has weathered
pulled $8 billion from Julian Robert- ers, who stuck by companies like Ap- In 2020, the multistrats measured in markets’ ups and downs since 1990,
son as his bets soured in the tech bub- ple when they were out of favor, or PivotalPath’s Multi-Strat Index re- turning $1 million invested back then
ble of 2000. Amaranth Advisors spent shoe leather unmasking firms turned nearly 13%, which was accept- in its Wellington fund into $378 mil-
folded in 2006 after losing $6 billion like Valeant Pharmaceuticals Interna- able as the S&P 500 gained 18.4%. lion by year-end 2023. A million in-
on natural-gas bets. Paulson’s record tional—which settled Securities and When the S&P tumbled 18% in 2022, vested in the S&P 500 over the same
since his big short has been uneven. Exchange Commission fraud charges Pivotalpath’s index of multistrats still span became $29 million.
The money committed to hedge over its disclosures without admitting gained about 2%. Multistrat firms that have proven to
funds in the past decade has largely them. But in 2023, that Multi-Strat Index be champs over many seasons are able
gone to multistrategy platforms. Along Having hundreds of portfolio man- gained only 5.4% while the S&P 500 to reinvent themselves—drawing per-
with Citadel and Millennium, there are agers on a platform costs money—lots rose 26% and the risk-free rate of formance from different strategies in
other notable multistrat shops, includ- of it. The multistrat shops compete for three-month Treasury bills topped different years.
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ing Point72, run by New York Mets talent by offering signing bonuses and 5%. The funds on the downside of “Five years ago, our commodities
owner Steve Cohen; Balyasny Asset profit percentages. Strong performers that class average will have trouble desks traded natural gas and power,”
Management; Schonfeld Strategic Ad- can play the multistrat circuit. Ba- retaining investors if their grades says one multistrat chief. “Today,
visors; Verition Fund Management; lyasny partner and trader Patrick don’t improve. they’re trading crude oil and weather
Eisler Capital; ExodusPoint Capital Staub, for example, came to the firm The underperformers include a lot derivatives.” B
Management; and quant-oriented firms after stints at Point72 and Citadel.
like AQR and D.E. Shaw. “It’s a war for talent. These traders
are like superstar athletes,” says Mike How They Stack Up Against the Competition
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

How They Do It Karp, who heads the recruiting firm Top-performers like Citadel and Millennium maintained good gains, but other multistrats flagged.
While differing in particulars, the Options Group. “You have to be very Citadel* Millennium MultiStrat Index**
multistrat shops share essential traits. mathematical, have a tolerance for risk,
They move their capital around teams and a strong stomach.” 40%
of in-house portfolio managers. There To fund their portfolio managers’
may be hundreds of these specialized compensation, multistrat firms ditched
portfolio managers in a single hedge the traditional hedge fund fee structure 20
fund, all sharing the platform’s infra- that charged a management fee of 1% to
structure for technology, trading, data, 2% of assets to cover expenses, plus
finance, and support services. Based 20% of benchmark-beating gains as a
on the portfolios’ performance and performance fee. Multistrats replace 0
opportunities, the top bosses add or the management fee with a “pass- 2018 2019 2020 2021 2022 2023
subtract capital, levering up to press through” expense approach, in which *Citadel's flagship Wellington fund **Calculated by PivotalPath Sources: PivotalPath and other sources
timely bets. investors cover most of the firm’s oper-
Old-school asset allocators can’t ating expenses. When firms spend
Thanks to investing returns and asset gathering, multistrategy hedge funds have swelled.
move as adroitly. “On any day we can heavily on recruitment and infrastruc-
swiftly pull together a team of experts ture, pass-through expenses can rise as
across a range of asset classes from high as 7%. $400 billion

around the globe and ask, ‘What are To cover those expenses and still
300
you seeing?’ ” says Gerald Beeson, reward investors, multistrat firms
chief operating officer at Citadel. “We have to achieve strong gross returns.
200
can then move immediately to re- An October 2023 report by Barclays
spond and reposition.” concluded that investors got what they
100
The bosses at these firms enforce paid for. Firms with a pass-through
risk discipline that many traditional structure delivered twice the returns
0
hedge funds eschew. Portfolios are and a fraction of the volatility over the
market neutral—built so returns aren’t past three years, versus hedge funds 2018 2019 2020 2021 2022 2023
moved by the market’s tides—and scru- with traditional fee structures. Source: Goldman Sachs
14 BARRON’S January 29, 2024 January 29, 2024 BARRON’S 15

Photographs by Mackenzie Stroh; Grooming by Stacy Skinner


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I
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

THE 2024
BARRON'S
R O U N D TA B L E
PA R T I I I

30 PicKS
In a few thousand words, you’ll penchant for seeking value. porate lovemaking,” and the compa-
arrive at the conclusion of our account Henry, chief investment officer and nies likely to prosper from mergers,
of the 2024 Barron’s Roundtable, as managing partner of Durable Capital spinoffs, and other transactions, than
interesting a gathering of market ma- Partners, likes private markets, plat- Mario Gabelli, chairman and chief
vens and stockpickers as any we can form companies, and franchises executive officer of Gabelli funds?

from OUR PANEL


recall in recent years. For a group that whose value compounds over time— Whether or not you agree with
largely considered the 2024 outlook and his Birkenstocks. their picks and prognostications, all
for equities “meh” when the Roundta- Rajiv, chairman and CIO of GQG four are worth a listen. Lend them an
ble met on Jan. 8, our panelists man- Partners, hopscotches from Abu ear via the edited commentary below.
aged to recommend a total of 56 Dhabi to Rio de Janeiro to Jakarta to


stocks—and a handful of bond funds, Santa Clara to place big bets on fast- Henry, what looks promising to
too—in a daylong discussion. growing businesses benefiting from a you this year?
This week’s third and final report changing world. Henry Ellenbogen: Chemed is a
on the proceedings includes the in- Abby, a professor of business at holding company with two durable Pictured, from
vestment recommendations of Henry Columbia Business School, schooled franchises, one in healthcare services left:
Media, Banks, REITs, and more look like winners this year. Ellenbogen, Rajiv Jain, Abby Joseph us in the potential revival of beaten-up and one in home services, led by a
Mario Gabelli,
Henry Ellenbogen,
Cohen, and Mario Gabelli—a four- U.S. blue chips and the attractions of proven CEO. From 2001 to 2019, the Abby Joseph
some whose stocks and stock-picking Japanese REITs. stock compounded at 20% a year, Cohen, Rajiv Jain

BY LAUREN R . RUBLIN styles vary greatly, despite a shared And who knows more about “cor- while the S&P 500 compounded at 7%.
16 BARRON’S January 29, 2024

The company gets little attention on midteens rate. The company has a
Wall Street, in part because of its com- money-losing business in the U.K.
plexity. The Covid pandemic created that accounts for about 16% of reve-
headwinds for Chemed but they are nue. It might take strategic action on
now behind us. Normalized growth is that, which would be additive to earn-
returning, defined as midteens growth ings, but that isn’t in our estimates. In
in adjusted earnings per share. 2019, Bright Horizons traded for 30
times earnings. We expect it to trade
Tell us about the businesses. at a multiple in the mid-20s from here.
Ellenbogen: Vitas Healthcare pro- I recommended J.B. Hunt Trans-
vides hospice care, and is 92% funded port Services in the past. The best
by Medicare. The business is driven by time to buy a growth cyclical is near
aging demographics and increased the bottom of a cycle. Freight has been
acceptance. There are four market- weak since the fourth quarter of 2022.
share leaders in the U.S., and many At some point it will improve, and in-
smaller, private companies. Vitas is the vestors will want to own companies
largest hospice provider in Florida, a that have done two things: proved their
particularly attractive market that ac- resilience through the cycle, and main-
counts for 50% to 60% of revenue. tained or improved the quality of their
Covid materially disrupted the busi- business. J.B. Hunt has done both. The
ness, and Ebitda [earnings before in- company has significantly improved its
terest, taxes, depreciation, and amorti- growth profile in recent years.
zation] fell 10% from 2019 to 2022. Intermodal transport [shipping
After several years of operational im- freight by two or more transportation
provements, Vitas has begun to add modes] represents 55% of total operat-
capacity, and the business has inflected ing income. Intermodal is 20% to 30%
positively. We expect that revenue grew less expensive than moving freight
10% in 2023, and that the growth rate long-distance by truck only. J.B. Hunt
will be sustained in the next few years. basically pioneered this industry in the
Henry Ellenbogen
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The other business, Roto-Rooter, is My next pick was also hurt by up again, given high inflation. But now 1980s, although prior to last year it
sees 8% to 10% unit
the largest emergency plumbing ser- Covid, and growth is accelerating as growth for Birken- it is past the peak pain point, and wage hadn’t gained share in intermodal
vice in the U.S. It is also a franchiser, we move beyond the pandemic. stock, which came pressures have normalized. Occupancy since the 2010s, due to tensions with
public in 2023.
with high returns on invested capital. Bright Horizons Family Solutions is 75% of pre-Covid levels, but demand its primary partner, BNSF Railway.
Plumbing is a relatively acyclical busi- stock returned 30% a year, on average, for childcare is high and enrollment is Now the tensions have been resolved,
ness, but with people working at from its 2013 initial public offering growing by 12% year over year. and J.B. Hunt increased market share
home during the pandemic, demand until the start of the pandemic, while last year by five percentage points.
increased and revenue grew by 18% in the S&P 500 returned 12%. A lot of What is the outlook for the The company’s intermodal business
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

2021. Then, as people returned to the that growth was [price/earnings] mul- backup-care business? should be able to grow at two times
office, demand weakened and the tiple expansion, but a healthy amount Ellenbogen: That business provides GDP [gross domestic product]. Also,
company faced tougher comparable- was actual earnings growth. care when an employee’s childcare as service improves, the company
period sales. Roto-Rooter historically Bright Horizons has two leading arrangement falls through. Generally, should be able to get better pricing. As
has emerged from downturns stron- franchises, both built off the simple an employer will subsidize 20 days a volume comes back, segment margins
ger because it has used soft periods to idea that employers want to maximize year of childcare, either at a center or could rise to 10% to 12%.
effectively acquire more plumbers. the productivity and retention of their through a home healthcare worker.
Annual revenue growth could return most important assets, their employ- Bright Horizons has no competition in What else does J.B. Hunt do?
to 5%-6%. ees. One business offers structured this segment. It created the benefit, Ellenbogen: Its Dedicated Contract
childcare as an employee benefit, and and has 1,100-plus backup-care cli- Services segment is the largest pro-
How did a hospice provider and a the other offers backup care. Employ- ents. This business had $80 million of vider of outsourced fleet management
plumbing service wind up under ers fund all or part of the childcare Ebitda in 2019, and revenue could for small and midsize companies with
one corporate roof? business, which allows the company double from 2019 levels by 2024. This about 20 to 200 trucks. DCS has
Ellenbogen: Chemed was a classic to pay preschool teachers well. Bright is a higher-margin business, and grown through the cycle and now con-
conglomerate. The CEO, Kevin McNa- Horizons boasts a more than 95% cli- should grow faster than the struc- tributes 40% of operating income, ver-
mara, shrunk it down to the two best ent-retention rate. It is five times big- tured childcare business. sus 28% in 2018. It is a one-of-a-kind
businesses. The company has used its ger than any other player in the em- Sonal Desai: Are these businesses business that is significantly underval-
significant free cash flow to shrink the ployer-sponsored childcare market. offered only for preschool? ued. The business operates with three-
share base, as well. We expect earn- The company operates more than Ellenbogen: The childcare centers are to five-year contracts with inflation
ings to accelerate in coming years. The 1,000 premium childcare centers, 850 for preschoolers. The backup-care escalators. It has 98% customer reten-
company could earn close to $28 a of which were forced to close during business also engages with slightly tion, and generates 10%-20% cost sav-

Ethan Swope/Getty Images


share in 2025, and has zero debt. It Covid. The majority of front-line staff older children because it has added ings for customers. It is the closest
deserves to trade between 22 and 28 was furloughed. The center business services like virtual tutoring and thing I have seen to a subscription
times earnings. delivered $166 million of profits in summer camps. business in transportation. DCS’ oper-
David Giroux: It is already trading at 2019, and would barely have broken We expect Bright Horizons to earn ating income rose about 15% in 2023,
25 times earnings. even during the pandemic without about $4.50 a share in 2025. Our esti- and will continue to compound at 10%
Ellenbogen: We expect Chemed to government support. As Covid eased, mate is materially above Wall Street’s. to 15% in the next few years. [The com-
beat earnings estimates. the business had a tough time ramping Beyond then, earnings could grow at a pany reported 2023 earnings on Jan.
January 29, 2024 BARRON’S 17

18. DCS operating income rose 12%.]


Timing the freight cycle is tough,
but we expect J.B. Hunt to earn close
versus the current 15%. CEO Yamini
Rangan is focused on balancing growth
and profitability as the cost of capital

Henry
years. Birkenstock has industry-lead-
ing Ebitda margins of 30%, and we
look for earnings of 2.50 euros [$2.73]
ready to roll?

Rajiv Jain: While we are bottom-up


to $10 a share in 2025 and trade at a has risen. Also, as HubSpot moves Ellenbogen’s in the fiscal year ending in September investors, we pay attention to the
price/earnings multiple of 23 to 25. upmarket, it is selling more to larger Picks 2026. The stock could trade for 20 to macro backdrop. Rising inflation and
CIO and managing
Todd Ahlsten: How would you com- customers, which leads to an improve- partner, 25 times earnings as people understand interest rates have certain implications
pare J.B. Hunt with Old Dominion ment in unit economics. Generative Durable Capital that it is more of a perennial than a for high-multiple stocks. Government
Freight Line? AI’s initial use cases partly involve Partners, fashion item. It is selling for $45.70, or policies can matter. You can see this, for
Chevy Chase, Md.
Ellenbogen: Both are excellent com- content creation, customer service, and just about its IPO price of $46. example, in the power issues develop-
panies. Old Dominion is a pure play summarizing information—all core Chemed I discussed Toast in the midyear ing in emerging markets. Lack of bank
on LTL [less-than-truckload trans- functions of HubSpot. The company CHE Roundtable. We first invested in 2020, financing is leading to little thermal
port]. It is a high-service provider has weaved AI into its products al- $566.18 when the company was private. The capacity addition, and hence no real
with the best terminal network, and ready, even if customers don’t realize it. story is simple. Restaurants want to alternative for base load. Consequently,
Bright Horizons
earns higher returns on capital be- We don’t model any benefits from Family Solutions standardize their software. There is a there is an increasing risk of power
cause of it. It is in the B2B [business- AI on price or volume, although you BFAM lot of staff turnover, and they want to shortages in most countries. LNG [liq-
to-business] segment. Tesla is a large will see them relatively soon. We expect $94.90 hire people who know how to use the uefied natural gas] at $13 isn’t an af-
customer. J.B. Hunt’s DCS segment is the company to generate about $1 bil- technology. Also, no restaurant has a fordable option for most, while renew-
J.B. Hunt
a lower return-on-investment busi- lion of Ebitda in 2026, and trade for 25 $2 million IT [information technology] ables aren’t dependable for base load.
Transport
ness, but a higher top-line grower to 30 times enterprise value to Ebitda. department. Toast has become the We are bullish on the semiconduc-
Services
than ODFL. It is going to double in the Giroux: In 2021, stock-based compen- JBHT industry standard for point of sale, tor space. We entered 2022 with only a
next five years, but is still only 40% of sation was elevated at a lot of software $189.97 human resources, and CRM. It spends 5% weighting in tech stocks. Partially
the business. Old Dominion should companies. Is it coming down? 10 times more on research and devel- because of rising inflation, we thought
trade at a higher P/E multiple. Ellenbogen: HubSpot’s stock-based HubSpot opment than other industry players. high-multiple stocks would get nailed.
HUBS
One good thing about an economic comp is high but management is fo- Restaurants love it. That hurt our performance last year,
$537.84
downturn, especially for young com- cused on bringing it down. but in the second half of 2023, we
panies, is that you get to see how their It wasn’t easy to go public in 2023 Birkenstock The stock didn’t do much last year. found semiconductor stocks attractive
business models and management because investors demanded not just Holding Ellenbogen: Toast missed guidance for several reasons. One, WFE [wafer-
teams handle stress. As we have left growth but financial performance. But BIRK on average software revenue per user fabrication equipment] is running at
the free-money era, we have learned a often the best companies go public in $45.70 in the back half of 2023. This is an $85 billion, but could easily normalize
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lot about younger companies. My next tough markets and Birkenstock Toast important metric because there are to $110 billion to $115 billion over the
recommendation, HubSpot, is emerg- Holding, the German footwear com- TOST only so many restaurants to sell next three years. It should grow at a
ing as the leading provider of cus- pany, was one. We expect it to prove a $17.74 to. Investors think the company will high-single digit rate over the longer
tomer relationship management, or durable global franchise. PrIce as of 1/5/24 tap out market penetration relatively run. We feel the industry is under-
CRM, software for small and midsize Birkenstock was founded in 1774, Source: FactSet soon. We don’t see that, and expect earning based on longer-term demand
businesses globally. It serves B2B com- long before Hermès in the 1800s or revenue to continue growing by 25% trends, which is the opposite of 2021,
panies with 25 to 2,000 employees. It Chanel in the early 1900s, or almost for the next several years. Margins when, because of Covid stimulus, it
was built organically on a single [com- any luxury brand relevant today. Brand could climb to 20% from break-even was overearning. Demand for chips is
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

puter] code base, meaning its software awareness in the U.S. is 68%, even this year. Toast could earn 75 cents to on the rise, as we all know. PC sales
is easier to use and lower-cost to oper- though the company spends only 2% of $1 a share by 2027. We see the stock are running around 240 million to
ate than competitive offerings. Com- revenue on advertising [ex-keyword trading up to $30 from $17. 245 million units, whereas five years
panies need to standardize their code costs], while most footwear companies ago they were running around 280
base to get ready for artificial intelli- spend 10%. What also struck us in our Thanks, Henry. Rajiv, are you million units. Smartphone sales
gence. HubSpot is already there. due diligence was a lack of discounting.
HubSpot came public in 2014. The Birkenstock took a page from the best
company has built a complete front- European luxury brands by constrain-
office suite of software products for ing supply growth relative to demand.
marketing, CRM, and customer ser- There is also a relative lack of fashion 2024 Barron's Roundtable Panelists
vice. In the past two years, HubSpot risk, as 75% of the business comes
has won market share across the from five perennial silhouettes. All but Todd Ahlsten Henry Ellenbogen William Priest
globe. Last year, in the face of macro one have been in the market for over CIO and lead portfolio manager, CIO and managing partner, Chairman, Co-CIO, and
Parnassus Core Equity fund, Durable Capital Partners, Portfolio Manager,
headwinds that affected small and 40 years. By the way, I have a pair. Parnassus Investments, Chevy Chase, Md. TD Epoch,
midsize businesses, it grew revenue They’re incredibly comfortable. San Francisco New York
Mario Gabelli
25%, on top of 39% growth in 2022, Scott Black Chairman and CEO, John W. Rogers Jr.
off a $2 billion base. Glad to hear that. Founder and president, Gabelli Funds, Founder, Chairman,
There are two debates about Hub- Ellenbogen: Oliver Reichert became Delphi Management, Greenwich, Conn. Co-CEO and CIO,
Boston Ariel Investments,
Spot. How big can the company get, CEO in 2013. He’s the first CEO outside David Giroux Chicago
and what will long-term margins look the family. Since his arrival, revenue Abby Joseph Cohen CIO, T. Rowe Price Investment
like? HubSpot’s market penetration is has grown by 20% a year. He has kept Professor of Business, Management, Meryl Witmer
Graduate School of Business, T. Rowe Price, General partner,
in the early stages. The company es- manufacturing in Germany, embel- Columbia University, Baltimore Eagle Capital Partners,
tablished its product set only in 2020. lished the core silhouettes, limited dis- New York New York
Rajiv Jain
The global market is large, and Hub- tribution, and optimized the sales Sonal Desai Chairman and CIO,
Spot can grow for many years before it channel mix. As a result, we anticipate CIO and portfolio manager, GQG Partners,
competes with Salesforce. unit growth of 8% to 10%, and average Franklin Templeton Fixed Income, Fort Lauderdale, Fla.
San Mateo, Calif.
We believe HubSpot can achieve an price growth of 10%. Revenue could
operating-margin profile of 30%-plus, compound by 20% for several more
18 BARRON’S January 29, 2024

peaked six or seven years ago, but


have a life span of only seven or eight
years, so a replacement cycle is com-
There is a lot of political noise in Brazil.
Petrobras has some of the best en-
ergy assets outside of the Middle East,

Rajiv Jain’s
the royal family of the U.A.E. We be-
lieve the business can compound at
double digits. The U.A.E. economy is
midst of an infrastructure boom. It
has an almost $4.5 trillion economy,
twice the size of Australia and larger
ing. AI is also a driver for both. There and a lot of room to grow production. Picks growing by 5% or 6% a year. There is a than the U.K. India has constructed
Chairman and CIO,
are a couple of names to focus on. It has a low depletion rate. The com- GQG Partners, lot of oil wealth, and per capita income almost 6,000 miles of roads a year for
pany is as profitable as Chevron, and Fort Lauderdale, is $90,000. Hedge funds are opening the past five years. Capital spending
Such as? selling for a third of Chevron’s valua- Fla. in Abu Dhabi, and it is hard to find on railways has grown by nine times.
Jain: Nvidia is by far our largest posi- tion. We see a bargain. commercial real estate. The government has built 30 million
Nvidia
tion. The P/E multiple has come down Banco BTG Pactual is another NVDA lower-income homes over the past
and the stock is back to selling for Brazilian company we like. There’s a $490.97 What is the best way to buy IHC? decade. It has also digitized many ser-
23-24 times 2025 earnings. Earnings joke that the initials stand for Better Jain: You can buy it on the Abu Dhabi vices, like tax collection, which has
estimates have gone up dramatically. Than Goldman. The company is con- Arm Holdings stock exchange. Almost 60% of the brought the informal economy into
ARM
Nvidia is increasing prices, which isn’t trolled by André Esteves, who sold it earnings are annuity-like, and earn- the formalized world.
$67.05
common in semiconductors. You’re to UBS in 2006 and bought it back in ings could head much higher. The bulk From an infrastructure perspective,
looking at 100% price increases for 2009. BTG has a $30 billion market Petrobras of profits come from real estate, companies tied to the Adani Group
various chips, so gross margins are cap and has grown by 20%-plus a PBR healthcare, and other services, mostly are the best investment. It has a very
expanding along with revenue growth. year over the past 10 years. Return on $16.54 in the U.A.E. but also around the re- dynamic and competent management
The company has a $1.5 trillion market equity is 20%. Banco BTG gion. IHC gets a first peek of sorts at a team. The stocks fell last year after a
cap, but could easily continue growing Pactual lot of global venture-capital deals. It short seller’s report. [The company
at a 20% compound annual rate. It still What lies ahead? BPAC3.Brazil was one of the earliest investors in denied the accusations and India’s
has only a 15% market share in servers. Jain: We are bullish on Brazil. Credit BRR17.25 SpaceX. The parent injects assets from Supreme Court recently turned down
The biggest issue could be capacity growth is running at almost a mid- other companies into IHC, and in- requests for a special investigation.]
Banco Bilbao
constraints at Taiwan Semiconductor teens rate, even as interest rates have Vizcaya jected almost $25 billion a few weeks Adani Enterprises, the company’s
Manufacturing, an Nvidia supplier. risen from 4% to a peak of 13%. Rates Argentaria ago. Needless to say, we like free asset flagship, listed in 1994. Since then, it
You could view Arm Holdings in are now around 11% and likely head- BBVA injections, but the company also has has compounded at 32% a year in dol-
the same context. It came public in ing lower. Insiders own 70% of BTG. $9.29 organic growth from pretty sticky as- lar terms. It’s a must-own name in
September and is trading for 50 times They can only sell the stock at book sets. The management is excellent and India. In the past 25 years, it has been
International
earnings. The company dominates the value, so there is an incentive to in- has shown a knack for savvy deals. a better investment than Nvidia and
Holding
market for mobile chip architecture crease book. The stock trades at two IHC.UAE Apple. The company has a $45 billion
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and is gaining share in central pro- times book value, and about 12 times AED410.00 So, this is really a play on the royal market cap.
cessing units. ARM used to earn a earnings. It could compound annually family. Adani Enterprises controls almost
1.7% royalty on the use of its proces- in the high teens. Adani Jain: And Abu Dhabi, and the U.A.E. 25% of India’s air-passenger traffic.
Enterprises
sor designs but that could easily rise The Brazilian real has been one of It isn’t a big risk for three reasons. Airports are some of the best assets to
ADE.India
to high-single or low-double digits. the best-performing currencies in the Core earnings should grow at a high- own. Passenger traffic is growing at a
INR3,006.60
Arm could grow by 20%-plus a year past three years. Like the Mexican single-digit to low-double-digit rate. midteens rate. The company controls
for a long time. Ninety percent of the peso, it is up 15%. These countries Adani Ports & Asset injections have been significant about 30% of air cargo volume. India
stock is still owned by SoftBank. have fewer worries than in the past Special Economic over the past five years, and the com- has built 70 new airports in the past
Zone
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Nvidia and Arm are big, liquid about the impact of Federal Reserve pany can buy back stock due to stable six years and will privatize 70 others
ADSEZ.India
stocks. We rarely invest below the top policy, partially because of the reforms free-cash-flow generation. The U.A.E. in the next five or six years. Adani
INR1,154.25
tenth percentile of market cap. We they have undertaken. Brazil has pri- is an extremely wealthy country. It also owns an eclectic group of assets
view Synopsys as a “cousin” of Arm. vatized some of its biggest companies, Bank Central controls almost 3% of global oil re- including roads, the largest data cen-
It is also a fantastic company. including Eletrobras. Asia serves. Most important, it’s also an ters in India, and mining services.
Moving east, we like Banco Bilbao BBCA.Indonesia extremely well-managed country.
Where are you investing outside of Vizcaya Argentaria, or BBVA. It has IDR9,575 Heading further east, India is in the India’s government has changed a
tech? a $58.2 billion market cap and trades TotalEnergies
Jain: Petrobras [Petróleo Brasileiro] for 6.5 times earnings. The dividend TTE
is a large position. We have owned it yield is almost 7%. BBVA receives $68.22
for more than two years. We are up- almost 40% of the profits pool of the PrIce as of 1/5/24
beat on energy markets. It became Mexican banking system. Mexico’s Sources: FactSet,
Bloomberg
obvious in the past few years that banking system is unique, in that it is
there is massive underinvestment in extremely underpenetrated but highly
the energy space. Capital spending has consolidated. Three players control
gone from $700 billion to $350 billion. almost 80% of the system. Mexico
Petrobras had a lot of issues 10 to 12 accounts for 50% of BBVA’s profits,
years ago. The company changed its and Turkey, 15%. The bank’s return
governance standards and cut costs. on equity is almost 20%, and it has
This is probably the cheapest large- been buying back shares.
cap stock in the world, trading at four Heading south, we are bullish on
times earnings. Since we bought it, we the Middle East. We have spent a lot of

Dado Galdieri/Bloomberg
have gotten almost all of our capital time working there, and countries are
back as dividends, and it still has a divi- opening up. We own International
dend yield of almost 20%. The com- Holding Company, IHC, a brokerage Petrobras, a GQG
pany pays out 40% of its free cash flow firm headquartered in the United Arab holding, trades for
four times earnings
as dividends, and pays special divi- Emirates. The company has a $270 and yields almost
dends. But it isn’t for the faint of heart: billion market cap. It is 75% owned by 20%.
January 29, 2024 BARRON’S 19

lot in the past three decades. Could


an Indian election and political
shift hurt the company?
Jain: That is the biggest short-term
risk, but they have managed to oper-
ate through many changes. We also
like Adani Ports and Special Eco-
nomic Zone. Some 45% of India’s
container shipments go through the
company’s ports, and cargo volume is
growing by 15%-plus a year. The com-
pany has a market cap of around $35
billion, and trades for 24 times earn-
ings. As for validation, Adani Ports
operates half of Israel’s port capacity,
and the U.S. government recently in-
vested in an Adani project in Asia.
The Group’s execution skills are re-
markable. Port capacity has grown at
a midteens rate with 72% margins.
The family owns 65% of Ports, and
you can tell they are good capital allo-
cators because 90% of reserves are
retained earnings. They haven’t raised
much outside capital, which is un-
usual in capital-intensive businesses. Abby Joseph Cohen is a fan
of Japan Hotel REIT Invest-
Bank Central Asia is a $75 billion- ment, which owns the Hilton
market-cap bank in Indonesia. The Tokyo Odaiba hotel.
bank was bought by a Chinese family
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just after the 2000-01 Asian finan-


cial crisis. It has a sterling reputation
and one of the lowest deposits costs.
The stock is selling for 20 times earn-
ings. The bank has sold at a high valu-
ation for the past 15 years for good
haven’t done as well as U.S. names.
The stock trades for about seven times
earnings, and the company buys back
4% of the shares per annum. With oil

Abby Joseph
in 2022 and declined another 12% in
2023. Taking a 10-year perspective,
U.S. stocks have compounded at an
annual growth rate of about 10%, and
valuation, the probability of returning
more cash to shareholders, and a
likely increase in oil prices, makes
Chevron attractive. Rising natural-gas
Cohen’s Picks
reason: The family has shown the at $75 or so, the free-cash-flow yield is Professor non-U. S. stocks, by 2% to 4%. The U.S. prices are helpful to Chevron, as well.
ability to withdraw from lending busi- 13% to 14%. of business, has had the best-performing market in Healthcare stocks were clobbered
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Graduate School
nesses that will slow down growth. It Energy should be a core part of any of Business, five of the past six years, although last year. My selection is Pfizer, one of
is growing at 15%-plus a year, with portfolio due to the underinvestment Columbia gains have been highly concentrated the great heroes during the pandemic
20%-plus ROE. A lot of banks in in the sector. Global demand contin- University, among certain sectors, and even in due to its development of the Covid
New York
emerging markets tend to be growth ues to creep up. The ESG [environ- certain stocks. I will talk about U.S. vaccine and Paxlovid. But like some
businesses rather than cyclical enter- mental, social, and governance] bub- Chevron stocks that have underperformed, be- other companies in other industries, it
prises tied to the credit cycle. ble has popped in stock markets. CVX cause that is where I see opportunities. lost its footing in the post-Covid envi-
Ground reality has begun to sink in. $150.40 While IT and communications stocks ronment. The stock was down almost
Nothing in China? Pfizer were up 56% and 54% last year, energy 41% over the past year, and investors
Jain: China is tough. Our emerging Thank you, Rajiv. Abby, you’re up. PFE was down 5%. I’m going to recommend have lost confidence in the company.
markets fund is more heavily invested Abby Joseph Cohen: That was fasci- $29.47 Chevron, despite Rajiv’s comment. There have been concerns about
in the Middle East than China. The nating. To review my expectations, I Pfizer’s earnings estimates and vaccine
business risk in China is quite high Estée Lauder
don’t expect a recession in the U.S. He didn’t say it was expensive, just uptake by the public, and there is a lot
EL
currently, and government interven- Interest rates might decline, but prob- less cheap than his pick. of unused Paxlovid at pharmacies and
$137.30
tion has led to significant derating. ably not as much as the consensus Cohen: Chevron was down 14% in formularies, not only in the U.S. The
You don’t want to argue with the Chi- expects, nor on the schedule the con- Lynas Rare 2023. The company has a lot of capital stock currently yields 5.6%, reflecting
nese Communist Party. That said, the sensus expects. There is a good chance Earths that can be returned to investors. It investors’ concerns. It is trading for 13.3
state-owned enterprises are interest- the dollar will continue to depreciate. LYC.Australia yielded about 4% last year, and is ex- times this year’s estimated earnings.
A$6.71
Courtesy Japan Hotel REIT/Business Wire

ing, and we own some. Energy prices are likely to rise, in part pected to yield 4.2% in 2024. Based on
My last recommendation is Total- due to concerns about the shipping Nippon Prologis consensus estimates, Chevron could What could spark a turnaround?
Energies, the European energy com- lanes through the Red Sea. REIT earn about $14 a share this year. It was Cohen: Pfizer has a history of success-
pany. The CEO, Patrick Pouyanné, is I also want to make an obvious 3283.Japan trading Friday [Jan. 5] at $150. ful acquisitions. One possible catalyst is
one of the best in the business. The statement: The U.S. stock market’s per- JPY273,900 Chevron is on track to incorporate the recent acquisition of Seagen, a sig-
company produces almost 2.8 million formance has been truly exceptional Japan Hotel REIT its acquisition of Hess, which should nificant oncology company. Pfizer has
barrels of oil a day. He brought the for several years. U.S. large-caps have Investment be helpful. That deal and a major proj- notable product lines in oncology, im-
break-even cost down from almost more than doubled since January 2019, 8985.Japan ect in Kazakhstan were big investor munology, cardiology, and endocrinol-
$100 a barrel to $30. Total has good the year before the pandemic. Euro- JPY69,700 concerns, and that project is also now ogy. Some of its best-known drugs have
assets not only in North Africa but pean stocks are up more than 50%. PrIce as of 1/5/24
on target. The alleviation of investors’ lost their patent protection, but some
West Africa. European oil companies The MSCI China index was down 22% Source: FactSet worries, combined with an attractive remaining products look good. Every-
20 BARRON’S January 29, 2024

one loves to hate Pfizer. Management


has signaled that it intends to move
forward with acquisitions.
Estée Lauder’s stock is also de-
pressed. The company sells cosmetics
and skin-care products under many
well-known brands. Demand was hurt
by the pandemic. People wore masks
or worked from home and decided they
didn’t need makeup. More recently
there have been problems with Estée’s
business in China, given the economic
weakness there. Asia had been a signif-
icant growth driver for the company. A
lot of products were sold in duty-free
shops in airports, and sales suffered
from the decline in travel.
Questions have been raised about
leadership, as well. The company has
been controlled by the Lauder family
for three generations, and the board
has a lot of family and friends. Could
Estée Lauder become a candidate for a
buyout by a private-equity firm?
Likely not, given the family owner-
ship, but there is a large amount of
private equity and M&A capital look-
ing for opportunities.
Management has already signaled
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improvements it’s targeting in 2024,


including making sure that the e-com-
merce business is properly aligned. It
is doing much better. The company
will probably reduce discounts, as
well. It has been focusing on some
newer brands that appeal to younger
people, and on skin-care products.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

What has the stock done? is fully funding the company’s U.S. Sphere Entertain- vestment trusts]. to have a total return in the high-20%
ment opened the
Cohen: It was down 47% in the past refinery. These materials are essential Sphere concert A few years ago I recommended range over the next 12 months. Last
year, although it still has a high P/E to the security of our nation and allies. venue in Las Vegas Prologis, a logistics REIT in the U.S. year, its price fell 11%. Japan Hotel will
in September. Mario
based on earnings estimates for the The company has a market cap of Gabelli sees oppor-
Nippon Prologis REIT is a related benefit from several things happening
fiscal year ending in June. The P/E about $4.2 billion. It trades for 13 to 14 tunities for Sphere company, trading in Tokyo. It is ex- in Japan. Consumers are out spending
multiple is around 32, based on fiscal times estimated earnings for the fiscal to license additional pected to generate a total return of about money and traveling. Japanese hotels
Spheres around the
2025 estimates, but only 24 if you look year ending in June 2025. The stock world. 25% this year, although if Japanese in- are doing better. Japan Hotel REIT is
to fiscal 2026. This seems to be a tran- fell 16% in the past 12 months, due to terest rates rise too much, too fast, that focused on individuals, families, and
sition year for the company. It can’t concerns about whether an expansion would be a problem. The company has business travelers who can afford to
blame all its problems on the pan- of the Malaysia plant would occur on long-term contracts with its customers, spend. If the Japanese economy sours
demic or China. There is also obsolete time. Things look OK now, and U.S. which has served it well. If costs go up and people stop spending, that would
inventory that needs to be cleaned out. refining capacity will be coming on- because of rising rates, it won’t have the be an issue. The REIT is expected to
I have two other ideas beyond stream this year. flexibility to raise prices. But projected yield 5.7% in calendar 2024.
beaten-down U.S. stocks. As its name total returns range from 18%-28%, de-
suggests, Lynas Rare Earths, based What is your other idea? pending on the interest-rate scenario. Thanks, Abby. Mario, you are last
in Australia, is a miner and processor Cohen: If I were looking to invest in this year, but by no means least.
of rare-earth minerals. In many cases one other market outside the U.S., I Is this pick more of a play on Mario Gabelli: We talked about the
they aren’t rare, just hard to process. would look to Japan. I said that last Japan, or specific trends within the Magnificent Seven today. Well, I’m
Lynas specializes in two categories: year as well, when I recommended Japanese market? going to talk about the Unloved Eight.
specialty metals used in magnets that Toyota Motor and Daikin Indus- Cohen: Both. We are seeing inflows of The market is OK. There are some geo-
allow for miniaturization in electron- tries, both of which still look interest- foreign capital into Japan. Also, the Jap- political issues, and we have a presi-

Ethan Miller/Getty Images


ics, and minerals used in glass produc- ing. Partly, this has to do with Japan’s anese economy favors logistics provid- dential election in November that could
tion. Lynas mines in Western Austra- final move toward reflation. The Japa- ers. And, this REIT’s returns, as well as create some interesting market dynam-
lia, and operates the world’s largest nese economy is doing somewhat bet- those of my next stock, are higher than ics. The part I’ll embellish is the notion
rare-earths processing plant in Malay- ter. Stocks are still attractive from a REITs elsewhere in the world. of corporate lovemaking: We could see
sia. It has a strategic agreement with valuation perspective. I am proposing The second company is Japan Hotel financial spinoffs, deals and more
the U.S. Department of Defense, which two Japanese REITs [real estate in- REIT Investment. It, too, is expected deals, and continuing regulatory push-
January 29, 2024 BARRON’S 21

back to mergers and acquisitions. Com-


panies are getting used to the level of
interest rates and regulatory hurdles,
attendance and enthusiasm have been
growing. And third, broadcasters’
contracts are up for renewal before

Mario Gabelli’s
and CBS stations, 29%. CBS will
broadcast the Super Bowl this year,
and NBC will broadcast the summer
held by National Amusements. Shari
Redstone controls National Amuse-
ments and Paramount, which has
and sellers are adjusting the prices expiration in 2028, and will be re- Picks Olympics. Tegna received a buyout struggled in part due to last year’s Hol-
they seek to do a deal. Europe remains Chairman and
newed at significantly higher rates. CEO,
offer in 2022 for $24 a share. The Fed- lywood strikes. She has hired an in-
a problem. Also, we are expecting some On July 18, Atlanta Braves Hold- Gabelli Funds, eral Communications Commission vestment banker to try to help Na-
notable initial public offerings this ings was spun out of Liberty Media Greenwich, Conn. extended the terms of a revised deal tional Amusements. Netflix has an
year. One that I’m looking forward to is as a publicly traded company. It had and the buyer terminated, and the equity cap of $215 billion. Disney’s is
Sphere
Univision Holdings, which impacts previously traded as a tracking stock. stock is now $15. There are around $220 billion. Comcast’s is $175 billion.
Entertainment
Grupo Televisa. The nonvoting stock, ticker BATRK, is SPHR 180 million shares outstanding. Tegna Paramount’s is $10 billion. This is a
John [John W. Rogers Jr.] recom- selling for $39 and the voting stock, $33.30 will earn $3.50 a share this year. The tiny morsel for another company.
mended Sphere Entertainment to- BATRA, is selling for $42. The com- company is buying back stock, and Paramount is trading for $15 a
day [in the second Roundtable install- pany has a market cap of about $2.4 Madison Square could attract another buyer. I expect share. It has around $12 billion of net
Garden Sports
ment]. I’m going to do the same. billion. The Battery, which holds the the stock to rise 50% in 12 months. debt pro forma, accounting for the sale
MSGS
Sphere has debt, including convertible company’s real estate assets, is worth Meryl Witmer: Does Tegna have a lot of Simon & Schuster. The company cut
$177.54
debt it recently issued. But it also has more than $700 million. This could be of debt? its dividend from 96 cents a share to 20
assets: Madison Square Garden Net- a $50 stock based on other recent Atlanta Braves Gabelli: It has about $2.8 billion of cents. Convertible shares are subject to
works, a part of Sphere, broadcasts baseball team sales. Holdings net debt. a mandatory exchange of 1.0013 shares
New York Knicks and Rangers games. BATRK Grupo Televisa’s stock fell from $15 of Class B stock in April, which means
$39.06
It has struck a deal with YES Network When, already? to $3.10. The company has 560 million the company will save another $45-
to create a streaming joint ven- Gabelli: Who cares? My taxable cli- CNH Industrial shares, and a market cap of $1.7 billion. plus million in dividends. It will also
ture. Details aren’t available but a joint ents don’t want to pay taxes on any CNHI Mexico is a beneficiary of nearshoring. recognize $700 million in gains on the
venture or deal could help reduce debt sale at the long-term capital-gains rate $12.06 Also, the peso is strong. Televisa owns sale of Simon & Schuster to KKR in
at Madison Square Garden Sports, of 23.8%, or higher for those in Cali- Tegna a cable TV business, and a stake in the fourth quarter of 2023. John Ma-
which owns the Knicks and Rangers. fornia or New York. TGNA DirecTV. It also owns 45% of Univi- lone [chairman of Liberty Media] sings
Sphere has 34.7 million shares, and Independent of this, Todd [Ahl- $15.36 sion, a Spanish-language broadcaster the song that the media industry needs
two share classes. Sphere has an oppor- sten] discussed Deere this morning that is expected to come public this fall. consolidation and scale. Does that
Grupo Televisa
tunity to leverage its intellectual prop- [in the first Roundtable installment]. The stock, excluding Univision, is mean David Zaslav [CEO of Warner
TV
erty by licensing additional Spheres Todd, you were right: The American probably worth about $7 per Televisa Bros. Discovery] comes uptown to
$3.11
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around the world. None of that is farmer is doing well. My pick is CNH share. You’re getting Univision for free. Broadway and West 45th Street [Para-
priced into the stock today. The Dolan Industrial, formerly Case New Hol- Henry Schein mount’s headquarters] to see these
family controls the company through land. The stock is trading for $12, and HSIC Why did Televisa’s stock nosedive? guys? Everyone is talking to Para-
supervoting stock. Having launched the there are 1.2 billion shares outstand- $73.90 Gabelli: It fell because of concerns mount. Apple could pay 2/10ths of an
Sphere successfully, will [CEO] James ing. The CEO, Scott Wine, is excellent. Paramount about the streaming business. Apple share, and $11 billion for the
Dolan then look to monetize a portion He is positioning the company to get a Global Streaming companies are spending debt, and buy a company with good
of the Knicks and Rangers? higher price/earnings multiple. CNH PARA billions of dollars on content, which content and high cash flow.
is investing significantly in precision $14.65 hurts earnings. Our clients own 50% of the voting
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

What do you think? agriculture. PrIce as of 1/5/24 Now, let’s talk about teeth. With an stock that trades publicly. I would like
Source: FactSet
Gabelli: Madison Square Garden There are concerns about the ex- aging population, the dental implant Paramount to leverage up its owned
Sports has 24 million shares outstand- tended farm cycle. The Brazilian agri- business is growing at an accelerating and operated TV stations, which gen-
ing, selling for $177 each. If you as- cultural sector has been struggling, rate. Henry Schein, based in Melville, erate $700 million to $800 million a
sume the Knicks are worth over $6 and sales of tractors 140 horsepower N.Y., distributes medical and dental year in free cash flow, and spin the
billion and the Rangers are worth over and lower have been weak. CNH has a equipment. The company was the business off to shareholders. Then, it
$2 billion, you’re getting the Rangers marketing program to move the goods, victim of a cyberattack in the fall, and could sell the rest of the company.
for free. Dolan’s success with Sphere which means it will take a hit on the stock dropped from about $75 to [Subsequent to the Roundtable, Sky-
could stimulate a deal. The company fourth-quarter earnings. We think the $62. Now it is back in the low-$70s. dance Media CEO David Ellison re-
could sell limited partnership units. company earned $1.50 a share last The company has said that the epi- portedly made an offer for National
Would somebody else buy a piece of year, and will earn $1.65 this year and sode sharply crimped fourth-quarter Amusements. Gabelli said in a follow-
the teams? Right now, my clients are $1.75-$1.80 in 2025. Exor, the Agnelli revenue and earnings. I calculate that up to his Roundtable comments: “We
buying a piece. We’re getting the family’s holding company, owns 27%. Schein earned $4.50 a share in 2023. are mindful of an attempt to buy Na-
Knicks at a third of the price that Next, raise your hand if you’re giv- This year, I estimate, it will earn $5.50. tional Amusement shares, subse-
Forbes thinks they’re worth. ing money to your favorite candidate It has been good at making acquisi- quently merge Skydance into Para-
this year. There is going to be a tsu- tions. We expect Schein to trade up to mount, and likely replace existing
Don’t your clients want to cash out nami of spending on political advertis- $90 to $100 a share in 2025. management. We continue to believe
at some point? ing in 2024. Linear television compa- Witmer: Why would a cyberattack that Paramount and its existing con-
Gabelli: No. Why? How many basket- nies will get an enormous tailwind. lead to such a big cost? tent are attractive. We also continue to
ball teams are going to be created? Global advertising spending is also Gabelli: If you can’t get supplies to believe that no transaction could re-
Baseball was underappreciated rising. Automotive advertising is stron- customers, they start ordering else- sult in change of control without a
several years ago. But the pitch clock ger; it accounts for roughly 25% of local where. It created a $350 million air spinoff of Paramount Global’s CBS
[which shortens the time between TV stations’ advertising revenue. pocket in revenue. owned and operated stations. We will
pitches] has shortened the length of a So let’s talk about Tegna, a broad- On to Paramount Global. There aggressively pursue what is right for
game. Second, a significant number of cast and digital media company. The are roughly 650 million shares, 41 mil- our clients and all shareholders.”]
Hispanic players are coming into the company’s TV stations reach 39% of lion of which are voting stock. Of that,
game. With the Hispanic population all the U.S. television households. 31.5 million of the voting shares and Thanks, Mario, and everyone.
now about 19% of the U.S. population, NBC stations are 43% of the business, 31.4 million of the nonvoting shares are Time for dinner! B
22 BARRON’S January 29, 2024 January 29, 2024 BARRON’S 23

also may recall that in late 2015, Bar- Microsoft’s Long Road Back
ron’s Alex Eule presciently anticipated Nearly 25 years after Bill Gates stepped down as CEO, Satya Nadella has guided the company—and the

Microsoft’s Next
the Nadellaissance in his article “Mi- stock—to new heights.
crosoft: Faster, Stronger, Better.”)
Nadella brought Microsoft back (MSFT / Nasdaq)
mostly by building out the company’s

Challenge:
$400
Azure cloud platform, which, accord- Stock hits all time
high of $404.87
ing to Jefferies analyst Brent Thill, has 350
grown market share from 18% in 2016
to 37% this year, and now has $64.5

Staying on Top
300
$10 billion
billion in revenue—mostly at the ex- investment
pense of Amazon Web Services. Soar- 250 in OpenAI

ing morale and buzz have ensued. (“We


haven’t had this kind of excitement 200
2-for-1 split Stock bottoms
since I don’t know when,” said a long- at $15.15 OpenAI
150 Steve Ballmer launches
standing Microsoft exec at Davos.) replaces Bill Azure cloud
ChatGPT
Microsoft is in the early stages of infusing OpenAI’s Nadella, 56, isn’t eager to harp on 100
Gates as CEO service launched
Satya Nadella
technology into all of its offerings. How much will it anniversaries—“I haven’t really re- 2-for-1 split becomes CEO

make from AI, and how long will it take to do so? flected on the 10 years,” he says. “This 50
is my 32nd year at Microsoft, and it’s
the second year of AI. My years have 0
been punctuated by three other para- 2000 2005 2010 2015 2020
BY ANDY SERWER digm shifts: PC client-server, the web, Source: FactSet

and mobile and cloud. Now the fourth


is AI. And so I’m trying to go back to
learn how to operate in year two of the epoch for MSFT shareholders. say that Microsoft’s Washington influ-

A
other three paradigm shifts.” (Nadella Things are different today. In 2000, ence and fingerprints are everywhere—
t the World Economic Nadella’s response underscores Mi- declined to speak with Barron’s. All his Microsoft was poorly positioned for from Joe Biden’s executive order on AI,
Forum’s annual meet- crosoft’s ambitions to become more of a comments here come from public ap- the mobile phone cycle, which was to Epic Games’ litigation against Apple,
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ing this month in the platform goliath like its Magnificent pearances in Davos.) about to kick off. (The BlackBerry to a federal government case against
rarefied Swiss air of Seven brethren Amazon.com, Apple, Which brings us to the past 14 phone appeared in 2002, followed Google brought by Jonathan Kanter,
Davos, a select group and Google parent Alphabet. But months. Since ChatGPT was released later by the iPhone.) “We totally assistant attorney general for the De-
of swells were packed more important, it speaks to three criti- on Nov. 30, 2022—an event Nadella and missed mobile,” a senior Microsoft partment of Justice Antitrust Division,
into a converted cal questions for Microsoft sharehold- others say is commensurate with the executive acknowledged to me. An- who previously represented Microsoft
storefront listening, rapt, to Micro- ers (and would-be shareholders): How introduction of the first widely adopted other contrast is that in January 2000, in private practice. “Microsoft has this
soft CEO Satya Nadella and his high- does Microsoft make money from AI, internet browser, Mosaic, in 1993—Mi- right as the stock topped out, Bill whole thing wrapped up,” complains
profile partner Sam Altman, CEO of how much will it make, and when? crosoft stock has been riding an AI Gates stepped down as CEO. Nadella an attorney for a competitor.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

mega start-up OpenAI, when the dis- It also suggests that the answers to rocket ship. Over this period it has says he isn’t going anywhere. Still, Microsoft has attracted regula-
cussion took a “get real” turn. those questions aren’t clear. soared 66%, versus 22% for the mar- In fact, one of Microsoft’s great tory scrutiny recently in the U.S. and in
Nadella, the establishment figure, In case you haven’t noticed, Micro- ket, a stunning move for such a big strengths is its experienced manage- Europe with its acquisition of Activi-
dressed casually in gray slacks and a soft has just been killing it, with its market-cap stock. ment team even beyond Nadella. Chief sion Blizzard and its relationship with
sweater, and Altman, the disrupter, shares closing Thursday at a record But this latest leg up is really in an- Financial Officer Amy Hood has been OpenAI, which some maintain is con-
wearing a suit, were talking about the $404.87, hovering around a $3 trillion ticipation of a significant jump in incre- at the company for 21 years, and co- trolled by Microsoft. “The companies
great promise of generative artificial market cap, and going back and forth mental revenue and profits coming founder Gates is still a technology ad- are clearly separate,” Smith tells me.
intelligence—this year’s “it” topic at with Apple as the most valuable com- from AI. It might pan out, but no one viser. Then there’s Brad Smith, a 30- “That’s unquestionable. We are part-
Davos—and how it will vastly improve pany on the planet. MSFT stock has really knows. year veteran and the company’s top ners. If you look at the AI ecosystem,
the lot of humanity. That is, until the run the table, outperforming the S&P The stock certainly isn’t in the bar- lawyer, who helped defend it against there’s one very strong and respectable
moderator steered the conversation in 500 index over the past one, three, five, gain basement. Jefferies’ Thill, who has the federal government’s antitrust case competitor that is vertically integrated.
a commercial direction. and 10 years. If you had bought $5,000 Microsoft as his top pick for 2024 with in the late 1990s and early 2000s. That’s Google. I think the first question
“Do you guys make money?” she of the stock at its IPO on March 13, a $450 price target, notes its forward Smith is now vice chair and presi- people should ask is, do we want to
baldly asked about their AI endeavors. 1986, it would be worth over $22 mil- price/earnings ratio now stands at 32.6, dent—the company’s No. 2 executive. encourage partnerships? It’s critical
It’s a good question—and one to lion today. (Damn!) versus 27.1 for the Nasdaq Composite, that we do so because if we do not,

F
which Nadella and Altman didn’t di- That’s a lot of shiny, happy numbers, historically high for the stock. rom those trials and tribula- there’s only going to be one company
rectly respond. Altman started. “Obvi- but it’s worth focusing on two periods Microsoft investors with long mem- tions, Smith and Microsoft that does for AI what that one com-
ously, Microsoft likes to make a ton of in particular—the past decade and the ories may remember facing an eerily learned the ways of Washing- pany did for search.”
money,” he said. “Satya’s going to un- past 14 months. First, over the past 10 similar dilemma 25 years ago, after the ton and beefed up the com- There’s no question that Microsoft’s

Photograph by Meron Menghistab


derstand better than I will who’s gonna years, Microsoft stock is up—poeti- stock climbed dramatically during the pany’s lobbying efforts years before the partnership with Altman’s OpenAI
make money.” cally—almost exactly tenfold (or internet bubble—should they sell their other tech giants. Smith, a consummate and its ChatGPT products has put the
Then Nadella: “You can’t have a suc- 1,000%, versus 161% for the S&P 500), position? They would have been wise insider (he’s on the boards of Netflix company in the catbird seat, surpass-
cessful platform company if the money which neatly matches the tenure of to do so. After peaking in December and Princeton University, an author, ing Google, which has been working
made on the platform is not greater Nadella, who became CEO on Feb. 4, 1999 at a split-adjusted $59.96, the and a podcast host), was described as intently on AI for years. Google had
than the money made by the platform,” 2014. That run speaks to the remark- stock bottomed out in March 2009 at “a de facto ambassador for the technol- developed critical AI technology that it
he said, referring to the business model able work the then little-known Micro- $15.15, losing nearly 75% of its value. ogy industry at large,” by the New York shared publicly; tech that became key
where a company profits from transac- soft engineer has done reviving the Microsoft CEO Satya Nadella Shares wouldn’t close above that 1999 Times. Attorneys representing other to the formation of OpenAI. Founded
tions between multiple parties. company from its moribund state. (You peak until October 2016—truly a lost companies and Silicon Valley critics in 2015, OpenAI counted Reid Hoff-
24 BARRON’S January 29, 2024

man, Elon Musk, Peter Thiel, and Alt- Mac or PC? positive, marked by strong engagement.
man among its investors. Altman The rise of the cloud and artificial intelligence has given Microsoft an edge over rival Apple. Earlier this We have seen significant increases in
would become CEO in 2019. year, Microsoft briefly took Apple’s crown as the world’s most valuable company. accuracy compared with our previous
AI development entails complex, Microsoft (MSFT) Apple (AAPL) KEY DATA MSFT AAPL
knowledge management process.”
cutting-edge software (OpenAI has Microsoft and Altman are circum-
$3.5 trillion
that) and requires massive computing Recent Price $402.56 $194.5 spect about how quickly the AI revolu-
power (Microsoft has that), and those tion will unfold. When Salesforce
3.0 Market Value (trillion) $3.0 $3.0
complementary capabilities became the CEO Marc Benioff asked Altman in
basis of the symbiotic partnership. 2.5 52-Wk Change 66.3% 36.5% Davos what he wanted to accomplish
Microsoft first invested $1 billion in over the next five years, Altman replied
OpenAI in July 2019 and then anted up 2.0 10-Yr Annualized Return 29.2% 27.5% that he hoped AI would be used to
a staggering $10 billion a year ago. 2024E Revenue (billion) $262 $401
make scientific discoveries. “Whether
(Late last year the OpenAI board 1.5 you could do that in five years or eight
sought to dismiss Altman. Microsoft 2024E Net Income (billion) $90 $103 to 10, we’re gonna get there,” he added.
supported Altman, and it was the 1.0 Meanwhile, Nadella and Microsoft
2024E P/E 33.1 28.9
board that essentially got the boot.) scientists touted an AI project that had
0.5
Microsoft is in the early stages of Net Cash (billion) $76 $51 created a battery which required 70%
infusing OpenAI’s technology into all 0.0
less lithium—replacing it with common
of its offerings. The company started Dividend Yield 0.7% 0.5% sodium. It sounded like a major break-
with coding platform GitHub, and it is 2000 2005 2010 2015 2020 through, but when I asked about com-
rapidly deploying AI enhancements Note: E=estimate; estimates for calendar 2024. Net cash as of Sept. 30, 2023. Sources: Bloomberg, FactSet, company reports mercialization, it didn’t sound like that
into Azure and applications software was in the cards anytime soon.
such as Excel through a pan-platform “I think 2024 will probably be the
rubric called Copilot, a sort of AI assis- with AI,” says Wedbush analyst Dan Thill also believes that pricing for year where [AI] will scale,” Nadella
tant to help customers analyze data, Ives, who calls this “Microsoft’s iPhone Copilot is going to be discounted, still said. He didn’t say “will monetize.”
optimize inventory, or write a report. moment” and argues the company providing for 10% to 20% price in- Some on Wall Street have taken
“Bill Gates said that the PC era was could book an additional $25 billion of creases for Microsoft’s software but not note. “ChatGPT was a product demo
information at your fingertips,” says cloud revenue from AI over the next what he thinks will be a 100% list price that caught the imagination of the
Nadella. “This [AI] is knowledge or two years. “We think for every $100 of increase. Numoto says the company world,” says investor Glenn Hutchins.
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expertise at your fingertips.” [Azure] cloud spend, Microsoft can sees no unusual pushback on pricing. “Right now we’re in the AI hype cycle.
Microsoft is a big company to trans- monetize an incremental $35 to $48 AI will go through its trough of despair

T
form. Like Alphabet, Apple, Amazon, from AI,” he says. hen there are questions and come back out again with wide-
and Facebook parent Meta Platforms, How much is it making overall from about how readily and how spread implementation.”
Microsoft has grown organically and AI right now? “They are in the infancy quickly customers are adopt- What does this all mean for the rest
through scads of acquisitions big and of the revenue recognition of AI be- ing AI. of us? “If an investor has a one-year
small. (The company lists 230 since cause most of the Copilot AI tools are “There’s a lot of hype about AI, and perspective, it doesn’t make a ton of
1994.) Both those internal and external still yet to be generally available,” says people are figuring out how to use it,” sense to buy Microsoft here, because
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

sources of growth have informed the Thill. “You’re going to see a slow, steady says Trish Damkroger, senior vice the expectations have risen,” says Gene
company’s direction and organization. ramp-up. It will go from a low-single- president of Hewlett Packard Enter- Munster of Deepwater Asset Manage-
The company is now organized into digit percent of revenue to become a lot prise’s AI Solutions. “There’s the data ment. “This is not going to be a good
three business units: 1) Productivity more meaningful in 2025.” cleansing problem, or getting the data year for Microsoft when it comes to AI.
and Business Processes (subscription Microsoft says all systems are go. ready to actually use AI. And rehauling The breakout years are three, five years
software for business, now called Mi- “We’re getting a tremendous amount of systems—changing how we’re going to down the road.”
crosoft 365—which includes Word, customer traction,” says Takeshi Nu- redo our internal processes—that’s For now AI isn’t a “must have,” or
Excel, PowerPoint, and Outlook, as moto, the company's chief marketing going to take time.” In addition, she even a “want to have,” for most busi-
well as Microsoft Teams and officer. “Think about some of the cus- says, finding enough people who have nesses. It may achieve the ubiquity and
LinkedIn); 2) Intelligent Cloud (Azure tomers we’ve announced: Visa, Honda technical expertise is a constraint, and promise that Nadella and Altman see
and other units, such as SQL server Motor, Accenture, PwC, and KPMG. slowing deployment. for it, maybe even soon, but when that
and GitHub); and 3) More Personal When we launched we had availability Last year, Morgan Stanley an- happens, there will be a long upcycle.
Computing (which includes Windows limitations, and we had a tremendous nounced an AI tool based on ChatGPT Taking a wait-and-see approach makes
operating software, gaming platforms amount of customers saying, ‘Hey, that gives financial advisors access to sense. Better to be right than early.
Xbox and Activision Blizzard, devices look, I need much more unconstrained the bank’s research. But an employee For kicks, I decided to ask ChatGPT
like Surface, plus search engine Bing access to the product. Please get rid of there told me that now it didn’t seem whether Microsoft will succeed in the
and Microsoft News). these restrictions.’” Numoto says they like a priority. “We got a bunch of generative-AI business, and it replied:
Four years ago, the three businesses did just that on Jan. 16. emails about it, but nothing lately,” the “I don’t have the ability to predict
were the same size, each producing Still, even Microsoft bulls offer cave- source said. “No one really talks about the future, including the success of
around $47 billion in revenue, but not ats. “Microsoft [was] the first to hype it.” Other employees reportedly com- specific companies in the generative-AI
anymore, as Microsoft’s cloud business this,” says Thill. “Because they pump plained about the tool’s accuracy. business. The success of Microsoft or
has grown some an average 22% a year the volume harder than anyone, they’re “There are not many applications any other company in this field would
since then. Last year, the cloud busi- fully on the hook to deliver. The risk is where a plausible answer is good depend on various factors such as the
ness delivered $87.9 billion of its total they’ve pumped up the volume and enough,” says tech investor and some- quality of their technology, innovation,
revenue of $211.9 billion, and Thill ex- can’t really dance that well. If you want times skeptic Roger McNamee. “Facts market demand, competition, and stra-
pect it to do some $119 billion in 2025. to be contrarian, a lot of these Micro- matter, especially in business.” tegic decisions.”
“The golden goose for Microsoft is soft AI demos don’t look as good in the Morgan Stanley told Barron’s, “Feed- Hmm. Maybe there’s something to
taking Azure and supercharging it real world.” back of the AI Assistant has been very this AI thing after all. B
January 29, 2024 BARRON’S 25

F UN DS I N C O M E I N V E ST I N G
This Could Be the Year How to Squeeze More
Of Equal-Weight Funds Yield From Muni Bonds
BY DEBBIE CARLSON 500 is trading at 19.6 times 2024 earnings BY AMEY STONE tional moment” for the asset class.
versus the equal-weight index’s 16.1. Peter Tchir, head of macro strategy at

M C
uch of last year’s 26% gain John Davi, CEO of Astoria Portfolio onsidering investing in munici- Academy Securities, named muni closed-
in the SPDR S&P 500 Advisors, is adding several equal-weight pal bonds for tax-free income? end funds his top pick for income this year.
exchange-traded fund was index ETFs to client portfolios. He believes Let’s start with the bad news: Investors get higher yields, thanks to lever-
due to the stellar perfor- that potential Federal Reserve interest-rate The main muni index, tracked age, and when the Federal Reserve cuts
mance of the Magnificent Seven—the cuts will usher in a new market cycle, by the iShares National Muni Bond rates (as it is expected to do several times
mostly tech-stock behemoths that are requiring a different strategy. Among the exchange-traded fund, yields just 3.1% right this year), that leverage becomes cheaper
the index’s biggest holdings. ETFs he’s using are the $3.5 billion In- now, or 4.3% on an after-tax basis for those for the funds, potentially leading to higher
If those stalwarts stumble, expect an vesco S&P 500 Equal Weight Technol- in the 28% federal tax bracket. Compare payouts and narrower discounts.
outsize negative impact on the market-cap- ogy ETF and the $530.7 million Invesco that to a 5% yield in a money-market fund. While the buying opportunity in closed-
weighted index, as Apple, Amazon.com, S&P 500 Equal Weight Energy ETF. Not that enticing, right? That’s what ends was “insane” in October, Tchir says, it
Alphabet, Meta Platforms, Microsoft, “If the Fed cuts rates, there’s a new cy- Barron’s concluded in its review of the is still attractive. He suggests buying on dips
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Nvidia, and Tesla account for more than cle. [If there’s] no more earnings recession, best income investments for 2024. and diversifying across a basket of muni
a quarter of the S&P 500’s market value. why not diversify to the mid-cap range of Still, plenty of investment strategists closed-end funds. Nuveen AMT-Free
Given the concentration risk, some inves- these sectors?” Davi asks. like the safety of the asset class and are Quality Municipal Income, for example,
tors are looking at incorporating equal- Because of equal-weight strategies’ finding different ways to squeeze a bit yields 4.7%, or about 7.5% on a tax-equiva-
weight index funds to diversify. small- and mid-cap tilt, they generally more juice from the lemon. Munis look lent basis, and is trading at a 15% discount.
Equal-weight strategies take a demo- perform well during accelerating profit even better for individuals in a top bracket Nisha Patel, a managing director in the
cratic view of the market, giving equal growth, Kalivas says. in a high-tax state, where that 3.5% is the municipal bond group at Parametric, says
weight to each component. Reshuffling the Early market action in 2024 suggests a equivalent of a 6% taxable yield. rate risk is asymmetric in munis now, espe-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

S&P 500 that way relegates each company broader number of large-cap winners. Dan- Throw in some worries about overvalued cially for investors who deploy a tax-loss
to a 0.2% slice of the index, tilting it to iel Milan, chief investment officer at Corner- stocks and the economy softening, and that harvesting solution. If rates rise one per-
value-oriented and mid- to smaller-cap stone Financial Services, says an ETF such secure 6% starts to look pretty attractive. centage point in the next year, for example,
stocks and away from large-cap growth. as the $2.3 billion First Trust Nasdaq-100 Analysts polled by FactSet were predicting an A-rated muni portfolio would lose just
The market-cap-weighted S&P 500 Equal Weighted Index could give inves- a 6% gain for the S&P 500 index in 2024, 3.7% (or 1% with the benefit of harvesting
currently mirrors 45% of the Nasdaq 100, tors broader technology exposure. and we’re already halfway there. If the tax losses). But if rates fall one point, the
double what it was 10 years ago, says Nick Equal weighting can be applied to any economy weakens, interest rates would same portfolio would return 12%.
Kalivas, head of factor and core equity sector or country index, though the strat- probably fall, creating gains for munis since Active management may be the way to
product strategy at Invesco. Last year’s egy’s benefits are most apparent in large- bond prices move inversely to interest rates. go. Sean Carney, head of municipal strategy
rally pushed the index’s top 10 holdings cap indexes. Investors should consider There are numerous ways to nudge at BlackRock, suggests that investors look
to 32% of total weight, up from 25% at the replacing about a third of their large-cap- muni-bond yields higher. at a flexible strategy that can take advantage
start of 2023. Invesco issues the $49.6 bil- weighted ETFs with equal-weight ETFs Paul Karger, who runs TwinFocus of opportunities across munis, such as his
lion Invesco S&P 500 Equal Weight to diversify their core holdings, Davi and Capital Partners, a Boston advisory firm, firm’s Strategic Municipal Opportunities
ETF, the largest such fund by assets. Milan suggest. is stretching out muni maturities to the fund, which has specialists choosing when
With the market-cap S&P 500 so top- Keep in mind, these are long-term strate- 12-18 year range, which offer more-attrac- and how to dip into weaker credits or differ-
heavy and growth-focused, investors are gies, as short-term return differences can be tive spreads over Treasuries on an after- ent sectors of the muni market.
seeking alternatives. “It has opened the door stark. Last year, when the SPDR S&P 500 tax basis. He is also using closed-end muni Investors who are now overweight cash
for equal weighting, where you’re still get- ETF gained 26%, the Invesco S&P 500 funds and high-yield muni portfolios for could move into munis to lock in “some
ting all 500 stocks,” Kalivas says, pointing Equal Weight rose 13.7%, according to an income boost over the index. durable yield that is going to be there for
to average annual inflows of $5.3 billion over Morningstar. However, equal weight outper- Closed-end muni funds, which are trad- many years,” he says.
the past five years into the equal-weight forms over time. Research from S&P Dow ing at unusually large discounts to their net Closed-end funds are a riskier, more
S&P 500 ETF and another $616 million in Jones shows the S&P 500 Equal Weight asset values, are particularly compelling. complex proposition because of leverage,
flows so far this year through mid-January. Index had an 11.5% return over the 20 years Research from Matisse Funds, which oper- but tax-equivalent yields can approach 8%,
Matt Dmytryszyn, chief investment through 2023. The market-cap weighted ates portfolios made up of closed-end funds, says Jim Robinson, whose Robinson Tax
officer at financial advisory Telemus, is S&P 500 returned 10.3% in that span. shows that the average muni closed-end Advantaged Income fund is made up of
considering the Invesco fund for client “If you’re going to do equally weighted fund now trades at a 12.6% discount versus closed-end funds. “We find some comfort in
portfolios. He’s also intrigued by its lower indexes, you have to commit to it,” Milan a long-term average discount of 4.1%. A knowing the best municipal portfolio man-
valuation, noting that the standard S&P says. B recent Matisse report calls this a “genera- agers are running these funds,” he says. B
26 BARRON’S January 29, 2024

T E C H T R ADER
The opening weeks of earnings season have tech
investors waffling between hope and worry. Big
tech results could be the deciding factor.

Big Tech Earnings Are


ent will provide the first real look at sion Pro mixed reality headset. But
how online ad spending fared in the that won’t help December quarter re-
fourth quarter. Wedbush analyst Scott sults. Apple’s own forecast was for flat
Devitt sees a “favorable setup for the revenue compared with a year ago.

On Tap. It’s Time to


digital advertising industry,” based on There are concerns on the Street that
feedback from advertisers and agen- iPhone growth has been crimped by an
cies. There are at least three additional increasingly competitive China market,
factors to watch: growth for Alpha- and sales of both iPads and Wearables

Get Serious About AI.


bet’s Google Cloud business, which are expected to be down double digits.
disappointed in the third quarter; up- Macs should rebound, helped by some
dates on spending plans and moneti- recent hardware upgrades. Services
zation strategy for its AI business, should grow double-digits again. The
including Bard; and, though less key will likely be comments on the
likely, any plans to sell or spin off March quarter outlook—and any up-
parts of the company’s “other bets” date from CEO Tim Cook on the com-

F
or technology inves- All of that, though, is the opening portfolio, including autonomous driv- pany’s plans for leveraging AI.
tors, this coming week act. Here’s what to look for when the ing firm Waymo. Meta Platforms: Meta shares have
is the Super Bowl. five tech leaders report results in the Amazon: There are three primary rallied more than 11% this year, amid
Earnings reports from days ahead: parts to the Amazon story now, and optimism about the advertising mar-
the five most impor- Microsoft: Shares of the software they all seem to be headed in the right ket and the company’s aggressive new
tant companies in the giant hit an all-time high this past direction. It starts with Amazon Web focus on AI software. Last year, the
business are just days week, driving the company’s market Services, the company’s cloud busi- stock nearly tripled as CEO Mark
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away. Alphabet and Microsoft pro- BY ERIC J. value above $3 trillion for the first ness, which should continue to see Zuckerberg’s “year of efficiency” strat-
vide updates on Tuesday, then Ama- SAVITZ time ever. The move comes amid benefits from the growth in AI work- egy paid off, boosting margins and
zon.com, Apple, and Meta Plat- growing enthusiasm for the com- loads. The quarter will also be a report lifting the Street’s confidence in his
forms check in on Thursday. pany’s push into generative AI soft- card on the recent holiday retail sea- leadership. For 2024, the efficiency
Earnings season in the early going ware. Wall Street will be desperate for son—and Amazon’s progress in im- push will face challenges. A big move
has provided some reasons for opti- an update on the company’s progress proving margins in the e-commerce into AI software—Zuckerberg recently
mism, and some reason for concern. in rolling out its Copilot software for business. And don’t forget Amazon’s said Meta would have 350,000
IBM shares soared on strong Microsoft 365, an offering that has the advertising business, a growing con- Nvidia H100 chips in its data centers
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fourth-quarter results, with signs of potential to generate billions of dollars tributor to the pie, which is about to by the end of 2024—means billions in
strength for its nascent artificial intel- in revenue. Also expect scrutiny get a boost from the rollout of ads on new capital investment. And Zucker-
ligence software and consulting busi- around the growth rate for Microsoft the company’s Prime Video streaming berg has said Meta will have to ramp
ness. In another positive sign for en- Azure, the company’s cloud business. service. CFRA Research analyst Arun up spending on engineers, reversing
terprise IT spending—and AI in Microsoft has forecast Azure growth Sundaram thinks fourth-quarter reve- some of last year’s job cuts. Mean-
particular—workflow management of 26% to 27% for the December quar- nue should grow 13%—two points while, Zuckerberg has said Meta is
company ServiceNow posted a beat- ter, but bulls see that as too low. above the Wall Street consensus. working on artificial general intelli-
and-raise quarter, and said it was see- Alphabet: Shares have rallied 8% Apple: After a rough start to 2024, gence—AI that is self-aware and can
ing faster uptake for new AI offerings this year, as optimism grows on the Apple shares are on the mend, now act on its own. Just how it would mon-
than any product launch ever. Sea- outlook for the advertising environ- sporting a 1% gain for the year, partly etize that kind of software remains to
gate, which has been struggling in ment. The Google and YouTube par- thanks to optimism about the new Vi- be seen. B
recent quarters, said it’s seeing a re-
bound in demand for cloud data cen-
ter hard drives.
But there were also notable misses.
Intel stock cratered Friday after the
company’s revenue outlook for the
year came in at least $1 billion short of Among the story lines this coming week:
Wall Street’s estimate. Texas Instru-
ments added to a recent series of dis- What will Apple say about generative AI?
appointing earnings reports from chip
makers that serve industrial and auto- How will Meta’s efficiency be impacted by

Nic Coury/Getty Images


motive customers. Tesla slumped on
an earnings disappointment, and Log- billions in chip outlays? And how much
itech swooned on cautious comments
about the outlook for videoconferenc- success is Microsoft having in selling its
ing systems given that many offices
remain empty. AI Copilot software?
January 29, 2024 BARRON’S 27

THE EC ONOMY
Washington is now giving Asia valid reasons to
find a Plan B for trillions of dollars of state wealth.
That could shoulder-check global debt markets.

Americans Are
given the deteriorating fiscal crunch holds just over $1.1 trillion. Japan’s
faced by the Biden administration.” leaders have stayed close to Washing-
The newspaper also accused the ton through administrations and ha-
U.S. of “reckless monetary tightening” ven’t shown any sign of changing tack.

Fighting Over Debt.


and of the “weaponization” of the dol- Yet political chaos in Washington
lar. This latter reference is to Biden could prompt a reassessment of Japa-
freezing a portion of Russia’s foreign nese debt purchases, particularly if
exchange reserves in retaliation for its China begins writing titanically large

Asia Is Listening.
Ukraine invasion. “sell” orders. Even just word that Bei-
That was a week after respected jing is shunning U.S. debt auctions in
economist Yu Yongding, a former top the months ahead could force Tokyo
central bank advisor, argued that into some unthinkable decisions.
“China should accelerate the adjust- Then there’s the problem of the

A
ment of its overseas asset and liability first-seller’s advantage. Asian central
structure, improve returns on over- banks could attempt to pre-empt their
s President Joe Biden BY WILLIAM The Asian Treasury exodus was seas net assets, and lower the share counterparts, roiling markets. Hints
and congressional PESEK always something of a red herring. of foreign exchange reserves in its that Taiwan is dumping its $238 bil-
Republicans brawl The writer is a Dumping massive quantities of U.S. overseas assets.” The key, he argues, lion of Treasuries could unnerve trad-
over federal spending longtime Asia debt could devastate export-reliant is reducing Beijing ownership of ing pits everywhere. Ditto for India
and government opinion writer, economies. This “mutually assured Treasuries by “stopping the purchase cutting losses on its $225 billion or
shutdowns, the audi- based in Tokyo. He destruction” dynamic meant Asia has of new notes after existing holdings similar moves by Hong Kong ($211
ence that matters is the author of been effectively trapped in U.S. debt. mature.” billion), Singapore ($196 billion),
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

most isn’t U.S. voters—it’s Washing- Japanization: Yet now Washington is giving Asia South Korea ($116 billion), and others.

C
ton’s bankers 7,000 miles away. What the World valid reasons to find a Plan B for tril- hina, of course, has been The risk is a potential domino effect
The past 12 months were rough on Can Learn from lions of dollars of state wealth. reducing its exposure to the as one giant bond fund after another
Tokyo, Beijing, Taipei, and New Delhi, Japan’s Lost De- Over the past two months, Chinese U.S. dollar for over a decade tries to front-run Washington’s biggest
which, along with the other biggest cades. state media has run a series of articles now—slowly, methodically, bankers. Interest payments on U.S.
Asian financiers, hold nearly $2.9 tril- and editorials asking why, oh why, and arguably for the right reasons. debt, now topping $730 billion, could
lion of Treasury market securities. Beijing continues to give the U.S. gov- Beijing’s holdings peaked at just over spike.
America’s Asian bankers confronted ernment the benefit of the doubt with $1.3 trillion in 2013. Since then, as This gets us back to Biden’s negoti-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

runaway inflation, Federal Reserve $782 billion of Chinese savings. Chinese leader Xi Jinping sought to ations with Republicans led by House
tightening, a Fitch Ratings down- In December, the Global Times increase the global use of the yuan in Speaker Mike Johnson. In November,
grade, and Moody’s Investors Service warned that America’s surging na- trade and finance, Beijing made a Moody’s cut America’s credit outlook
threatening to yank away Washing- tional debt “may trigger another fi- point of diversifying its reserves. to “negative” from “stable” because of
ton’s final AAA rating. nancial system crisis soon.” As such, That leaves Japanese Prime Minis- the same political polarization that
Now, as 2024 opens, add sticker “it is a precautionary and also prudent ter Fumio Kishida’s government as the drove Fitch to cut it to AA+ from AAA
shock to the mix as the U.S. national decision for China and other countries “whale” among the Treasury Depart- in August.
debt tops $34 trillion. The U.S. may to trim their U.S. Treasury holdings, ment’s overseas customers. Tokyo As Republicans loyal to former
sell $2 trillion of securities in 2024, President Donald Trump, the likely
with the tacit expectation that Japan, GOP presidential nominee, and Presi-
China, and others will dutifully hoo- Washington’s Anxious Creditors dent Biden’s Democrats close ranks,
ver them up. The top 10 foreign holders of U.S. Treasury securities, in billions of dollars Moody’s worries about the “risk that
There are signs that Asia might not successive governments will not be
$0 250 500 750 1,000 1,250
go along the way Treasury Secretary able to reach consensus on a fiscal
Janet Yellen’s staff seems to believe. Japan plan to slow the decline in debt afford-
That could shoulder-check global debt China, Mainland ability.” Or even keep the government
markets in the year ahead. open, functioning, and paying its bills,
United Kingdom
Few market dynamics in Asia are including bonds.
more prone to conspiracy theories Luxembourg Asia has every reason to worry a
than the region’s vast holdings of Canada Trump 2.0 presidency might seek to
Treasury debt. With tantalizing fre- Cayman Islands
use government debt as leverage in
quency, analysts and pundits buzz disputes. Meanwhile, Yellen must do
Ireland
about how China might unleash finan- some serious outreach to Asian lead-
cial Armageddon over Taiwan, U.S. Belgium ers and currency reserve managers.
tariffs, or just to keep Washington on Switzerland Time isn’t on Washington’s side as
edge. In decades past, Japan was the France
its Asian bankers mull whether to
one that might pull the trigger over issue margin calls the global financial
auto-industry disputes. Source: U.S. Treasury system can scarcely afford. B
28 BARRON’S January 29, 2024

MARKET WEEK
January 22, 2024 through January 26, 2024

International Trader P. 36 Charting the Market P. 39


Striking Price P. 37 Winners & Losers P. 40
Inside Scoop P. 38 Research Reports P. 41
13D Filings P. 39 Statistics P. 42

MARKET PERFORMANCE DASHBOARD

Dow Jones Industrials S&P 500 Nasdaq Composite Russell 2000 Index

38,109.43
52-wk: +12.16% YTD: +1.11% Wkly: +0.65%
4890.97
52-wk: +20.15% YTD: +2.54% Wkly: +1.06%
15,455.36
52-wk: +32.99% YTD: +2.96% Wkly: +0.94%
1978.33
52-wk: +3.50% YTD: -2.40% Wkly: +1.75%

4%
The Smaller They Are Choppy Waters Hit Parade A New High
The Russell 2000 popped 2% on Stock indexes had a volatile Tuesday The S&P 500 hit its fourth-straight Stocks had a choppy Friday, after several
Monday. After a strong finish to to finish with mixed results. Investors record high close on Wednesday. The companies’ shares swung widely after
2023, small-cap stocks have still parsed the latest fourth-quarter Dow Jones Industrial Average slid as reporting. Major indexes closed solidly higher 3
trailed large-caps this year. earnings reports. the Nasdaq Composite ticked higher. for the week, with the Dow hitting a record high.

2
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0
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

-1
Monday Tuesday Wednesday Thursday Friday Close
Source: Barron’s Statistics

A
Goldilocks economy rates in March. What will the Fed say? Surprise Index and the S&P 500 have

THE TRADER isn’t a fairy tale—but


will it have a happy
ending?
The market doesn’t seem to care.
Earnings, meanwhile, have been hit
or miss. Tesla and Intel suffered large
been rising together recently, a great
sign for the market. “Importantly, the
equity market reaction has been posi-
The stock market drops after their releases, though oth- tive to better-than-expected macro
certainly thinks so. ers, including Netflix, soared. This data,” he explains. “Therefore, bad
The S&P 500 index coming week sees Apple, Ama- economic news may not be good equity

The Stock rose 1.1% this past week to finish near a


record high. The Nasdaq Composite
BY JACOB
SONENSHINE
zon.com, Microsoft, and Alphabet
report, but investors seem disinclined
market news like it was for most of the
back half of 2023.”

Market gained 0.9%, and the Dow Jones Indus-


trial Average rose 0.65% to a new high.
The market continues to rise despite
to worry about the results.
The stock market even celebrated
good economic data—despite what they
Indeed, it’s the bad news that inves-
tors need to worry about, particularly
given the signals being sent from other
Celebrates some obvious risks in the week ahead.
The Federal Open Market Committee
might mean for the Federal Reserve.
This past week saw fourth-quarter U.S.
parts of the market. Consider Treasur-
ies. The two-year yield dropped a tick
Good News. will announce its monetary policy deci-
sion on Wednesday, but there’s only a
gross domestic product come in at an
annualized rate of 3.3%, above forecasts
this past week to 4.345%, while the
10-year rose a touch to 4.14%. The dif-
It May Not de minimis chance of a rate cut, while
federal-funds futures suggest that
for 1.8%—and stocks, particularly
small-caps, rallied. Nor was it just one
ference between the two is now just 0.2
percentage point, the smallest since late

Last. there’s less than a 50% chance that


Jerome Powell and company will lower
print. Citigroup strategist Scott Chron-
ert notes that the firm’s U.S. Economic
2022, not including a brief moment at
the end of last year. It also means that
January 29, 2024 BARRON’S 29

the yield curve, the term for the difference traded fund hit a record high this past week,
between short- and long-term rates, is about but that didn’t help the companies with ex-
to “un-invert.” posure to auto companies. From Texas In-
Usually, long-dated yields are higher than struments this past Wednesday to ON
short ones because investors like to be com- Semiconductor and Mobileye Global in
pensated for locking their money up longer. recent weeks, auto-focused chip stocks have
When the yield curve becomes inverted— been warning about the slowdown—and
with short-term yields higher than long- watching their stocks tumble.
term ones—it usually presages a recession. Based on auto exposure alone, NXP
An un-inversion, then, means that the mar- should be a stock to avoid. It gets 56% of its
ket expects that the Fed will lower rates and sales from that industry, and it offered up
that longer-term growth could be stronger. disappointing guidance in November, when
An un-inversion isn’t necessarily good it said it would deliver fourth-quarter sales
news for stocks, however. The stock market of $3.4 billion, up just 2.7% year over year.
dropped in three of the eight times over the That’s slow growth compared with the 7% Are you looking to start an
past 44 years when the yield curve un-in- annual clip it reported over the previous five
verted after being inverted for at least three
months, including two drops of 10% or more
years. The stock is down about 5% from a
record high reached in December.
Advisor Business or to switch
over the following 12 months. But there’s reason to believe NXP could
It could even signal a possible recession, flourish after the company’s Feb. 6 results, your existing Custodian?
though one certainly doesn’t look likely right when it’s expected to report earnings of
now. In fact, a slowdown usually occurs nine $3.66 a share. For one thing, it is managing
months after the maximum yield-curve in- its inventory well. While chip makers have Interactive Brokers helps advisors quickly build
version, which occurred in mid-2023, imply- had too much product on hand due to wan- competitive advantage, efficiently manage their business,
ing that one could arrive, well, soon. ing consumer and business demand, the and serve clients at lower costs – and we don’t compete
“The U.S. is going to have a recession in number of days that NXP’s products sat on
2024,” says BCA Research strategist Doug the shelves declined on average from the
with you for clients.
Peta. “I do think the market is going to have prior quarter. The company is “laser-focused
the rug pulled out from under it.” on tightly controlling our channel inven-
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Even without a recession, a slip in the tory,” Chief Financial Officer William Betz
data could be problematic for the S&P 500, said on the third-quarter earnings call. PROFESSIONAL PRICING GLOBAL MARKETS
which sits 22% above its 50-day moving Leaner inventory levels signal that de- No ticket charges, custodial Trade stocks, options, futures,
average, according to FactSet. That’s a sign mand for NXP’s products is holding up fees, minimums, and no fees for currencies, bonds and funds on over
that the index is well above its recent trend, a fairly well, all things considered, and that technology, software, platforms, 150 global markets from a single
dynamic that has often preceded meaningful the company has entered this year in decent or reporting. unified platform.
declines in the past several years. shape. It could also help its pricing power,
Low commissions, starting at $0 for
A bear may not be growling, but it may which would support its gross profit margin FINANCIAL STRENGTH
US exchange-listed stocks and ETFs.1
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be time to at least consider the risk of a more than anticipated. If that’s the case, IBG LLC’s strong financial position,
painful pullback. don’t be surprised if NXP’s fourth-quarter with over $14 billion in equity capital,2
earnings surpass estimates again. The com- ADVANCED TECHNOLOGY a conservative balance sheet and
A Chip Stock Eyes a Catalyst pany has beaten earnings estimates in 12 of Fast and reliable client onboarding. automated risk controls are designed
Chip stocks are flying—except the ones that the past 13 quarters. to protect you and your clients.
Professional trading platforms for
do business with auto makers. That’s created “We see careful inventory and channel
mobile, web, and desktop, and
a buying opportunity in NXP Semiconduc- management creating a healthy setup in
comprehensive tools including
tors, which is set to buck the sector’s weak- 2024,” writes TD Cowen analyst Matthew For the 6th year in a row,3 Barron’s
Model portfolios, trade allocation,
ness when it reports earnings in February. Ramsay. named Interactive Brokers as #1
portfolio management, ESG scores,
The iShares Semiconductor exchange- Analysts expect that auto sales, after a and PortfolioAnalyst®, to consolidate – Best Online Broker in 2023
your clients’ entire portfolio.

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DJ Industrials 38109.43 +245.63 +0.65 Barron’s Future Focus 1026.67 +10.46 +1.03
DJ Transportation 15901.12 +308.78 +1.98 Barron’s Next 50 3097.14 +46.56 +1.53
DJ Utilities 849.68 -2.86 -0.34 Barron’s 400 1072.48 +12.38 +1.17 To learn how we can help grow your
DJ 65 Stocks 12283.67 +110.06 +0.90 Last Week Week Earlier business, call 855-861-6414 or visit
DJ US Market 1193.78 +12.35 +1.05 NYSE Advances 2,135 1,115
NYSE Comp. 16949.11 +219.55 +1.31 Declines 797 1,821
NYSE Amer Comp. 4532.33 +104.77 +2.37 Unchanged 42 41
S&P 500 4890.97 +51.16 +1.06 New Highs 364 180 ibkr.com/whyria
S&P MidCap 2763.77 +22.81 +0.83 New Lows 71 125
S&P SmallCap 1290.07 +19.73 +1.55 Av Daily Vol (mil) 3,982.9 4,123.8
Nasdaq 15455.36 +144.40 +0.94 Dollar (Finex spot index) 103.47 103.29
Value Line (arith.) 9886.24 +156.63 +1.61 T-Bond (CBT nearby futures) 119-18 120-00 Interactive Brokers LLC is a member of NYSE, FINRA, SIPC [1] IBKR Lite provides commission-free trades in US exchange-listed
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Gold (CMX nearby futures) 2016.80 2026.50 documentation for any claims and statistical information will be provided upon request. 12-IB23-1653 RIA-HP
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30 BARRON’S January 29, 2024

Industry Action
Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*

Oil & Gas 4.96%


Telecommunications 4.37
Consumer Services 1.70
Financials 1.49
Technology 1.26
Industrials 0.91
Basic Materials 0.51
Utilities 0.45

HEALTH CARE SECTOR OF –1.92


–0.17 Health Care
Consumer Goods

THE S&P 500 IN ONE ETF Source: S&P Dow Jones Indices

quarter-over-quarter dip to $1.89 billion in the S&P 600 doesn’t include fast-growing,
Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF the fourth quarter of 2023, will gradually high quality Big Tech stocks like Nvidia or
rise to $2.15 billion by the fourth quarter of Meta Platforms to bolster it when nothing
this year, according to FactSet. Total sales else seems to work.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a growth is expected to be in the low single Fortunately, the economy continues to
prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the digits, at $13.5 billion. The gross margin this grow, and the Fed is still likely to cut rates at
prospectus carefully before investing.
year could remain flat, at about 58%, as pric- least a few times to keep growth alive. That
All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification risks, which generally
results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply. ing efforts aren’t currently expected to offset would allow small-caps to rise from their
mildly higher input costs, Mizuho Securities currently low levels as they price in what
The S&P 500 is an index of 500 common stocks that is generally considered representative of the U.S. stock market. You cannot invest directly in an index.
analyst Vijay Rakesh writes. But the market should be a growing earnings stream. “Given
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
just needs proof that demand in auto and the sharp decline in risk factors, some
other segments will bottom out this year and bounce in high volatility, small-caps and
improve afterward. earnings risk factors should be expected,”
Meanwhile, expenses such as research writes 22V Research’s Dennis DeBusschere.
and development should increase slowly That’s why the group of equities is seeing
enough for NXP’s bottom line to gain just “support,” or buyers coming in to prop the
under 10% in 2025. The company is also price up. The S&P 600 recently fell to
reducing interest expense. Earnings per around 1200, an area of support over the
share should rise a bit more than 10%, to past few years. This means the recent drop
$16.01, as it’s continuing to buy back shares. is less likely to be a harbinger of a larger
NXP stock doesn’t reflect that kind of slide and more likely to be a “reset” before

REACH growth. It trades at 15.3 times earnings for


the coming 12 months, a 38% discount to the
another rally.
This isn’t just about technicals. The S&P
SERIOUS iShares Semiconductor ETF’s 24.9 times,
when NXP has historically traded in line
600 trades at about 13.7 times analysts’
earnings expectations for the coming year,
INVESTORS. with the sector. If NXP is able to meet or almost a third lower than the S&P 500’s 19.8
beat the Street’s profit estimates, it should times. That’s near its largest discount in the
drive the stock higher this year. past decade, according to FactSet data.
Barron’s Classifieds This coming earnings report could be the With small-cap stocks that cheap, it won’t
is where our readers catalyst to get that move started. take much to lift them higher. If consumer
discover opportunities spending and loan demand experience mod-
in real estate, business Small-Caps Can Bounce Back erate growth this year, that would be a boost
investments, corporate The bigger they come, the harder they fall— for the consumer and financial sectors,
aircraft, yachts, fine cars unless you’re talking about the stock mar- which represent almost 40% of the index’s
and so much more. ket, where it’s the smaller they are, the big- market value. Growth won’t be fantastic—
ger they fall. But after the recent decline, it’s analysts are looking for S&P 600 sales
SUBSCRIBE TODAY!! time to buy small-caps. growth of almost 3% annually over the next
Interested in print subscription options? While the S&P 500 was busy hitting re- two years, according to FactSet—but could
For information on
Get exclusive market insights to grow your cord highs, the S&P Small Cap 600 had be enough to lift profit margins as cost infla-
advertising, call
portfolio wherever you are. 1.800.366.3975 or email
fallen 7.1% from its late December peak tion moderates. As long as companies don’t
Saturday home delivery, daily access to advertising@barrons.com through Jan. 18. The small-cap index, which need to refinance debt at significantly higher
Barrons.com, mobile and tablet apps. has an average market capitalization of rates, earnings can grow 12% annually over
about $3 billion, had been hit as investors the next two years.
subscribe.barrons.com walked back their expectations that the Fed Cheap valuations? Solid growth? It’s
would aggressively cut interest rates. And time to buy the little guys. B
January 29, 2024 BARRON’S 31

INTERNATIONAL TRADER
China Has a New
Crackdown Target: EVs
BY CRAIG MELLOW broader policy of pumping up manufac-
turing as former growth driver real estate

Y
ou really can have too much of stumbles, says Niels Graham, associate
a good thing. director for geoeconomics at the Atlantic
That is Chinese authorities’ Council. Bank loans to the industry grew
apparent conclusion with respect by some $700 billion last year, while
to electric vehicles. A ministerial broadside property-related flows turned negative,
last week promised “forceful measures” to according to his figures.
rein in “blind” EV expansion that has led Industrial projects in China take on a
to “disorderly competition behaviors.” life of their own, gaining patronage from
It looks weird at first glance that Bei- local officials with access to independent
jing is bad-mouthing its most conspicu- funding. Regions will cling all the more
ous good-news story these days. China tightly to EV investment as internal-com-
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produces more EVs than the rest of the bustion plants face a “death spiral,” Russo
world combined. Domestic sales jumped says.
nearly 40% last year, despite a lackluster “You haven’t seen consolidation because
economy. a lot of people at the local level keep pour-
Internal-combustion car sales may ing in money past the point of death,” he
disappear entirely in China within five says.
years, says Ernan Cui, China consumer Gavekal’s Cui predicts that Beijing will
analyst at Gavekal Dragonomics. seek “balance,” curtailing new EV con-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Alarm is spreading globally that struction permits without forcing mass


cheaper and better vehicles from BYD bankruptcy. “Going out of business will
and other Chinese manufacturers will take some time,” she notes.
dominate this industry of the future. Adam Smith would say, if you make
Yet the mandarins are right about the too much of a good thing, start selling it
blind and disorderly part. China pushed abroad. Substantial Chinese EV exports to
hard on developing EVs and their supply the U.S. are probably off-limits, thanks to
chain for two decades starting in the early the generous domestic-content subsidies
2000s. It tapered official support as and stiff tariffs embodied in the Inflation
consumers started to buy the vehicles of Reduction Act. The big prize that BYD
their own accord. Formal subsidies were and its rivals have to play for is Europe.
phased out in 2022, says Paul Gong, head The European Union last October
of China autos research at UBS. launched an “anti-subsidy” investigation
Buyers are picking a few winners and into Chinese EVs. That should wrap up
leaving an army of also-rans. “There are this year, with a tariff hike above the
probably over 100 companies that have bloc’s 10% levy on all imported cars,
tried to make EVs, but the top 10 have Graham predicts.
80% of the market,” says Bill Russo, Beijing’s declaration on reining in pro-
CEO of Shanghai-based consultant duction is more for Brussels’ benefit than
Automobility. domestic impact, he thinks. “I’m more
BYD itself gobbled 35% of the market inclined to see this as a head fake,” he
by volume last year. Tesla was a distant adds.
second at 8%. Even the leaders engaged Many Western consumers would prob-
in some disorderly price wars. ably be inclined to buy the best-value EV,
Just letting 90 no-hope would-be EV regardless of its origin. “The world needs
manufacturers go broke isn’t so simple in affordable EVs, and China knows how to
paternalistic China, however. Cooling the do that,” Russo says.
sector’s fever runs contrary to Beijing’s But it probably isn’t so simple. B
32 BARRON’S January 29, 2024

T H E ST RIKING PRIC E
The Four Horsemen of the Apocalypse would
need to appear on the corner of Wall and Broad
for put options bought in panic to prove profitable.

How to Hedge Your Bets Equity Options


CBOE Volatility Index The Equity-Only Put-Call Ratio

In This Heady Market VIX Close VIX Futures


27
Put-Call Ratio S&P 500 Index
314
286
258
22 230

BY STEVEN M. SEARS A more common—if trickier—approach 202


is hedging before chaos erupts. Many 174

W
hen a Boeing jet door flew things must go wrong for this type of 17 146
off at about 16,000 feet above hedge to go right. Put spreads—which 118
ground and everyone was entail buying one put and selling another 90
panicking, an intrepid pas- with the same expiration but lower strike 12 62
senger logged into his brokerage account price—are an attractive strategy. F M A M J J A S O N D J F M A M J J A S O N D J
to buy Boeing put options. By the time the

T
Daily Values Source: CBOE Source: McMillan Analysis Corp.
plane had landed, the news had hit Boeing here isn’t a one-size-fits-all ap-
stock, and the puts were worth a fortune. proach to trading a put spread,
The story, alas, exists only in the imagi- but a reasonable starting point SPX Skew NDX Skew
nation of some traders who made a meme is to focus on puts that expire in Implied volatility % Implied volatility %
about what they hoped they would have two months. That expiration period covers 13% 11%
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

done if they were on that Boeing jet. enough time for something to happen, but
That’s the thing about trading: Almost not so much time that investors pay a for- 12 10

no one stays calm when chaos erupts. In tune to cover many potential outcomes. 11 9
fact, investors usually freak out when the Construct hedges with a put that is
unexpected occurs. They become insensi- about 10% below the stock price. As we 10 8
tive to put prices and will pay almost any- have often said, the first 10% decline be-
9 7
thing to hedge a falling market, which longs to the market. (If you can’t handle a
delights market makers who seek to mint drop like that, you probably shouldn’t even 8 6
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

fortunes from fear. (Puts give holders the own the stock you are trying to hedge.) Sell
right to sell an underlying asset at a set another put with a lower strike price. The 7 5
price within a defined period.) goal is to create a spread that could gener- F M A M J J A S O N D J F M A M J J A S O N D J
Just as surely as the stock market opens ate a return of 100% or more. Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy

at 9:30 a.m. in New York, it can be stated Consider the Technology Select Sec- Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference between the implied
volatility of puts and calls that are 10% out of the money and expire in three months. Higher readings are bearish.
that the Four Horsemen of the Apocalypse tor SPDR exchange-traded fund. With the
would need to appear on the corner of ETF at $201.70, the March $180 put costs
Wall and Broad streets for puts bought in about 62 cents, and the March $170 put Week’s Most Active
panic to prove profitable. But scary mar- sells for about 32 cents. If the ETF is at Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio

kets prompt people to try to create a finan- $170 at expiration, the 30-cent hedge is Vera Therapeutics VERA 7276 6285 991 124 55 58.7
Astria Therapeutics ATXS 20922 20874 48 412 90 50.8
cial sense of security even if it is economi- worth $9.70. Rumble RUM 205514 168115 37399 7704 95 26.7
cally ridiculous. The hedge fails if the ETF rises and the Radware RDWR 8505 4084 4421 332 15 25.6
We recently noted that investors are so bulk of money spent is lost. The hedge Apollo Medical AMEH 6247 6095 152 256 15 24.4
Nova Measuring Instruments NVMI 11047 10766 281 872 42 12.7
self-satisfied that something as dramatic can be reset at another two-month inter- BRC BRCC 13249 12940 309 1144 65 11.6
as Boeing’s latest mishap is needed to val with updated strikes that reflect mar- PSQ PSQH 14443 14056 387 1344 84 10.7
shock them into acknowledging the risks ket changes. Digital Workd Acquisition DWAC 412722 253352 159370 40532 96 10.2
W. R. Berkley WRB 5091 2983 2108 560 6 9.1
that increasingly define the world. If you The approach has drawbacks. Reset-
3M MMM 343930 196165 147765 42012 32 8.2
agree with that thesis, the riddle becomes ting hedges is expensive if the market Western Digital WDC 396459 328173 68286 48340 88 8.2
how to hedge against losing your unreal- drifts higher, which can easily happen Logitech Int’l LOGI 32757 16707 16050 4512 7 7.3

ized gains—which presumably are at in kinetic environments. IBM IBM 528864 348111 180753 87380 60 6.1
Sunoco LP SUN 7268 4579 2689 1184 5 6.1
record highs for most people, given that Should the hedge prove profitable, don’t ASML ASML 134874 102158 32716 22380 26 6.0
the markets are at record levels—without be greedy. Take profits. Many investors fail Lexicon Pharmaceuticals LXRX 32165 30831 1334 5380 24 6.0
being made a fool of by the market. to do that because they are excited by their Annovis Bio ANVS 25681 6518 19163 4684 26 5.5
Uniti Group UNIT 17595 4734 12861 3524 66 5.0
We continue to believe that the best success and think they will make even D. R. Horton DHI 76763 34953 41810 15700 7 4.9
way to hedge your bets is by selling puts more money than they already have.
on winning stocks when chaos erupts. The predetermined outcome of spread This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the unusually heavy trading in these options might be a predictor of
corporate activity – takeovers, earnings surprises, earnings pre-announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
This lets you become a dealer and sell strategies mitigates that danger, but greed, short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to their usual pricing levels. Furthermore, many of these
situations may be rumor-driven. Most rumors do not prove to be true, so one should be aware of these increased risks if trading in these names
overpriced puts to scared investors. like fear, does strange things to people. B Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100. Source: McMillan Analysis
January 29, 2024 BARRON’S 33

I N S I DE SC OOP
Carlos Slim Buys Up 2 Activist Holdings Decreases in
Holdings
BJ’s Restaurants (BJRI)

Small Energy Stocks


Fund 1 Investments reported as
an active investor when it disclosed Dell Technologies (DELL)
owning 2,202,476 shares of the Silver Lake trimmed its stake in
casual-dining-restaurant operator, the IT stalwart to 86,204,307
including 900,000 underlying shares. Silver Lake sold 3,419,084
options. From Nov. 30, 2023, Dell shares over Jan. 12 and Jan. 16
BY ED LIN Invesco Energy Exploration & Pro- through Jan. 2, 2024, Fund 1 sold at per-share prices ranging from

M
duction ETF, which managed a 4.5% 576,860 BJ’s Restaurants shares at $78.51 to $79.77. In addition, Silver
exican billionaire Carlos gain in 2023, short of the rise of PBF prices ranging from $30.14 to Lake affiliates distributed 1,281,555
Slim Helú just made a shares. $36.54 each. Fund 1 also purchased Dell shares to members, partners,
big energy bet in two Slim, who made a fortune in tele- 663,896 BJ’s Restaurants shares and equity holders from Dec. 5,
relatively small U.S. communications, recently advocated a from Nov. 20, 2023, through Jan. 17, 2023, through Jan. 17, 2024, for no
companies. three-day workweek, albeit at 10 to 11 2024, at per-share prices ranging consideration. Accounting for all
A firm controlled by hours a day. B from $30.03 to $36.83. As a result, share classes, Silver Lake now
the Slim family, Control Fund 1 now owns a 9.5% interest in holds a 12.1% interest in Dell.
Empresarial de Capitales, paid a the restaurant chain. Fund 1 be-
total of more than $300 million for
more shares of two energy compa-
CME Stock Beat the S&P lieves there are “operational and
strategic opportunities to maximize
Beacon Roofing Supply
(BECN)
500. One Director
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

nies—oil-and-gas producer Talos value” at BJ’s Restaurants, though it Clayton, Dubilier & Rice liqui-
Energy and refiner PBF Energy—
which have market values of about Bought More Shares. is “unconvinced that a standalone
strategy would produce the best
dated its stake in the roofing-prod-
ucts wholesaler. CD&R sold

C
$1.6 billion and $5 billion, respectively. results.” Given that, Fund 1 believes 5,218,134 Beacon Roofing shares—
The family is now the largest share- ME Group stock rose in “now is an opportune time to ex- slightly more than 8% of the out-
holder of both companies. 2023, edging out the plore strategic alternatives” and standing stock—on Jan. 22 through
Control Empresarial paid $230 broader market last year, filed as an active investor “to en- an underwritten offering that
million on Jan. 17 for 19.7 million One longtime director con- courage” such a move. BJ’s Restau- priced those shares at $83.16
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

shares of Talos, an average price of tinues to buy shares of the A firm controlled rants shares surged 37% in 2023. apiece. CD&R’s 13D form cited no
$11.70 each. According to a form the operator of financial-deriv- by the family of reason for ending the investment.
family filed with the Securities and atives exchanges. Mexican billionaire
Wix.com (WIX)
Exchange Commission, Control Em-
presarial now owns 34.7 million Talos
shares, a stake of 22.6%.
CME stock logged a 25% gain last
year, ahead of the 24% rise in the S&P
500 index. The company is the parent
Carlos Slim just
paid more than
$300 million for
Original Filings Starboard Value cut its interest in
the website-development-technol-
A spokesman for the Slim family’s of the Chicago Mercantile Exchange more shares of Daseke (DSKE) ogy company to 2,789,000 shares.
businesses declined to comment. and Chicago Board of Trade. Talos Energy and Magnetar Capital initiated a posi- Outside of a purchase of 116,000
Control Empresarial paid a total of Longtime CME director William R. PBF Energy. tion in the trucking company of Wix shares priced at $107.35 each
$75 million from Jan. 12 through 17 for Shepard paid $281,000 on Jan. 18 for 2,544,013 shares, equal to nearly near mid-December 2023, Star-
1.8 million more shares of PBF. It now a total of 1,390 shares, an average 5.5% of the outstanding stock. board sold 879,445 Wix shares at
owns 14.3 million PBF shares, a stake price of $202.44 each. According to a Magnetar acquired those shares prices ranging from $100.20 to
of 11.7%. form he filed with the Securities and from Dec. 22, 2023, through Jan. $131.35 apiece from Nov. 28, 2023,
Slim and his family are loading up Exchange Commission, Shepard 19, 2024, at prices ranging from through Jan. 24, 2024. As Star-
on shares that had lackluster perfor- bought 59 shares through a personal $8.08 to $8.11 each. Magnetar is board now holds less than a 5%
mances in 2023. Talos and PBF stock account that now owns 2,322 CME making an arbitrage play, as in late interest, it no longer has to disclose
both materially underperformed the shares. A trust that Shepard controls December 2023, TFI Interna- any further sales of Wix stock.
broader market, falling 25% and rising purchased the other 1,331 shares, and tional announced that it would
7.8% while the S&P 500 index gained now owns 253,060 shares. acquire Daseke for $8.30 per share
24%. The relative performance of CME didn’t respond to a request to in cash. The acquisition is ex- These disclosures are from 13Ds filed with
the Securities and Exchange Commission.
Talos and PBF peers also lagged be- make Shepard available for comment. pected to close during the second 13Ds are filed within 10 days of an entity’s
hind the market. A CME director since 1997, Shepard quarter of this year, subject to reg- attaining more than 5% in any class of a
company’s securities. Subsequent changes in
Talos stock also underperformed previously served as second vice ulatory approval. News of the buy- holdings or intentions must be reported in
those of peers in the Invesco S&P chairman of the company, and is out sent Daseke stock rocketing in amended filings. This material is from Jan. 18
SmallCap Energy exchange-traded founder and president of Shepard December to end the year with a through Jan. 24, 2024. Source: VerityData
(verityplatform.com)
fund, of which it is a component. The International, a futures commission 42% gain.
ETF tacked on a 2.3% gain in 2023. merchant. He chairs CME’s clearing-
PBF stock is a component of the house oversight committee. B
34 BARRON’S January 29, 2024

CHARTING THE MARKET


A graphic look at selected stock activity
for the week ended on Jan. 26, 2024.
Edited by Bill Alpert.

Tesla Intel Netflix DuPont de Nemours


TSLA (NASD) • $183.25 • -28.94 INTC (NASD) • $43.65 • -4.50 NFLX (NASD) • $570.42 • 87.47 DD (NYSE) • $64.67 • -9.01
The electric-car pioneer said auto sales growth in Strong demand for PC processor chips lifted Dec. The streamer grew subscribers 5% in the Dec. Blaming China’s economy and inventory destocking,
2024 will slow from 2023. It reported lower-than- earnings to 54 cents a share. But weak sales for quarter, to 260 million. Profit was $2.11 a share, the chemical maker warned that March-quarter
expected December-quarter profit of 71 cent a share. data center and AI chips hurt the March outlook. on a 13% revenue rise. It clinched a wrestling deal. EPS could be 25% below the expected 88 cents.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


303 53 580 81
269 47 513 77
235 41 446 73
201 35 379 69
167 29 312 65
133 23 245 61

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


1092 366 84 38
546 183 42 19
0 0 0 0
J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J

American Airlines Group United Rentals International Business Machines Humana


AAL (NASD) • $15.13 • 1.47 URI (NYSE) • $630.75 • 58.72 IBM (NYSE) • $187.42 • 15.94 HUM (NYSE) • $361.23 • -40.30
After Dec.-quarter profit of 29 cents a share—double The equipment rental firm will boost its dividend Saying that its AI work orders doubled from Sept. Medical claims in the health insurer’s Dec. quarter
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

the expected—the airline foresees 2024-year profit of 10%, and buy back $1.5 billion in stock, after grow- to Dec., the 113-year-old computing firm projected proved even more costly than Humana had
$2.25 to $3.25. Wall Street had modeled just $2.14. ing Dec.-quarter revenue by 14%, and profit by 6%. $12 billion in 2024 free cash flow. warned. Analysts slashed their profit forecasts.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


20 660 200 542
18 590 184 502
16 520 168 462
14 450 152 422
12 380 136 382
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

10 310 120 342

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


272 8 68 22
136 4 34 11
0 0 0 0
J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J

Archer Daniels Midland Gilead Sciences 3M Plug Power


ADM (NYSE) • $52.05 • -16.14 GILD (NASD) • $79.52 • -7.77 MMM (NYSE) • $95.99 • -11.77 PLUG (NASD) • $3.40 • 0.72
The commodity giant put its chief financial officer In a lung cancer study, patients didn’t significantly Profits and cash flow rose at the materials maker The financially strapped maker of hydrogen fuel
on leave amid an investigation of a business seg- benefit from Trodelvy, the drug that Gilead spent in December. But guidance for 2024 EPS of about cells said that the federal government was close
ment’s accounting. S&P put ADM on credit watch. $21 billion to acquire in 2020. $9.55 fell short of Wall Street’s $9.90 consensus. to providing $1.6 billion in loans.

Stock Price $ Stock Price $ Stock Price $ Stock Price $


89 89 133 22
81 85 123 18
73 81 113 14
65 77 103 10
57 73 93 6
49 69 83 2

Volume in Millions Volume in Millions Volume in Millions Volume in Millions


110 54 52 410
55 27 26 205
0 0 0 0
J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J J F M A M J J A S O N D J

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than
that time period. If the close from the current week is lower than a year ago the graph will be presented in red. If the close from the current week is higher than a year ago then the graph will be presented in green.
January 29, 2024 BARRON’S 35

W I N N E R S & LO S E R S
Saturday Inbox: Sign up for the
Market Lab Newsletter every Saturday
at Barrons.com/newsletters

NYSE Biggest % Movers NYSE Most Active NYSE American Most Active Nasdaq Most Active
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
BrightHealth(BHG) 173 16.35 +4.82 +41.8 DiversifiedEnergy(DEC) 1055 773.5 12.47 –0.90 NorthernStrII A(NSTB) 268 933.1 10.49 +0.21 Sagimet(SGMT) 46905 6221.7 10.67 +3.85
CanoHealth(CANO) 3132 2.66 +0.66 +33.0 CrownPropA(CPTK) 416 667.4 10.75 +0.06 ViveonHealth(VHAQ) 355 455.2 11.36 +0.14 DigitalWorldA(DWAC) 83473 2140.2 38.18 +11.80
W&T Offshore(WTI) 16272 3.26 +0.64 +24.4 TriconRes(TCN) 102693 566.7 11.02 –0.05 BattalionOil(BATL) 2225 366.7 6.69 –2.88 AlphaStarAcqn(ALSA) 1772 1579.7 11.22 +0.02
AlticeUSA(ATUS) 14794 2.68 +0.48 +21.8 ADM(ADM) 109368 562.1 52.05 –16.14 IssuerDirect(ISDR) 148 270.8 15.60 +0.37 PsyenceBiomed(PBM) 410 1383.2 2.35 –4.30
BancoBBVA(BBAR) 5550 6.34 +1.10 +21.0 Kaman(KAMN) 5174 516.5 45.00 –0.05 AthenaTechII A(ATEK) 112 217.4 11.05 –0.07 PonoCapTwoA(PTWO) 929 1158.6 10.83 –0.01
NuSTAREnergy(NS) 14338 21.56 +3.53 +19.6 MDC Holdings(MDC) 17315 436.8 62.64 0.00 AcmeUnited(ACU) 155 117.7 47.40 –1.39 CapitalworksEMA(CMCA) 432 1120.1 11.01 +0.03
ChinaGreenAg(CGA) 56 2.51 +0.39 +18.4 GlobalIndl(GIC) 1148 368.0 40.34 +2.02 AeonBiopharma(AEON) 98 70.1 8.69 +0.80 GlblBlockchain(GBBK) 298 932.1 10.68 +0.06
MediaAlpha(MAX) 763 12.77 +1.92 +17.7 NuSTAREnergy(NS) 14338 352.5 21.56 +3.53 BK Tech(BKTI) 55 58.8 12.77 +0.35 KeenVisionAcqn(KVAC) 1305 847.0 10.39 +0.02
SpiritAirlines(SAVE) 224418 299.2 6.25 –0.43 IvanhoeElectric(IE) 3013 49.0 9.18 +0.87 MetalSkyStar(MSSA) 256 769.5 10.94 0.00
Losers Glaukos(GKOS) 13243 282.3 92.52 +1.23 Espey(ESP) 85 47.6 21.03 +0.68 Kaspi.kz(KSPI) 2124 707.3 90.66 –5.31
Name (Sym) Volume Close Change %Chg.
PSQ(PSQH) 2831 257.0 5.39 +0.30 EvolutionPetrol(EPM) 2573 43.1 5.67 –0.01 MarsAcqn(MARX) 1291 685.5 10.70 +0.03
ADM(ADM) 109368 52.05 –16.14 –23.7 InFinTAcqnA(IFIN) 547 228.8 11.27 +0.01 M-tronInds(MPTI) 535 32.0 33.66 –7.72 AmerSupercond(AMSC) 17782 659.7 13.77 +4.10
MarineMax(HZO) 3988 28.01 –5.67 –16.8 MarineMax(HZO) 3988 213.2 28.01 –5.67 RileyExpln(REPX) 520 31.4 22.05 +0.13 AetheriumAcqnA(GMFI) 258 628.2 10.90 +0.02
AnnovisBio(ANVS) 2722 9.91 –1.79 –15.3 3M(MMM) 51335 211.3 95.99 –11.77 CheniereEnergy(LNG) 9021 29.7 167.72 +6.67 VeraTherap(VERA) 20062 605.6 30.18 +15.25
BlackBerry(BB) 117024 2.92 –0.51 –14.9 PeabodyEnergy(BTU) 43589 201.5 27.05 +0.97 TompkinsFin(TMP) 370 25.9 53.84 +0.60 Oculis(OCS) 737 595.9 13.25 +2.34
Pinstripes(PNST) 405 3.90 –0.68 –14.9 TKO(TKO) 18573 199.7 86.54 +8.99 FriedmanInds(FRD) 132 21.3 17.35 +1.15 Inhibrx(INBX) 15870 558.1 37.60 +3.84
DuPont(DD) 36341 64.67 –9.01 –12.2 Hexcel(HXL) 7081 189.9 66.96 –4.28 CentrusEnergy(LEU) 885 20.6 51.54 –2.66 Dave(DAVE) 866 541.0 14.73 +2.42
ChartIndustries(GTLS) 4809 110.53 –15.33 –12.2 OkeanisEcoTankers(ECO) 290 188.1 29.72 +1.38 EVI Industries(EVI) 109 8.9 22.00 +0.74 APxAcqnI A(APXI) 554 480.6 11.32 +0.02
Owlet(OWLT) 86 5.98 –0.74 –11.0 Alight(ALIT) 60351 182.3 9.05 +0.54 Intellinetics(INLX) 36 8.0 5.28 –0.70 AriszAcqnA(ARIZ) 428 478.5 11.11 +0.13
Humana(HUM) 21509 169.8 361.23 –40.30 ImperialOil(IMO) 2826 0.1 57.26 +1.39 ArogoCapA(AOGO) 182 447.2 10.77 –0.05

NYSE American Biggest % Movers By Share Volume By Share Volume By Share Volume
Winners Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg.
Name (Sym) Volume Close Change %Chg. NIO(NIO) 367775 6.14 +0.08 +1.3 Tellurian(TELL) 132124 0.55 0.00 0.0 Tesla(TSLA) 652800 183.25 –28.94 –13.6
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WidePoint(WYY) 527 3.23 +0.61 +23.3 Fisker(FSR) 295125 0.80 +0.01 +1.7 B2Gold(BTG) 63963 2.76 –0.14 –4.8 AdvMicroDevices(AMD) 559462 177.25 +3.02 +1.7
Zedge(ZDGE) 230 2.83 +0.49 +20.9 Getaround(GETR) 276854 0.28 +0.10 +59.4 GeniusGroup(GNS) 52728 0.38 +0.09 +30.2 Nikola(NKLA) 414369 0.71 +0.06 +8.5
AirIndustries(AIRI) 107 4.31 +0.69 +19.1 AT&T(T) 275999 17.29 +0.62 +3.7 DenisonMines(DNN) 48945 1.92 –0.04 –2.0 Intel(INTC) 344542 43.65 –4.50 –9.3
Cel-Sci(CVM) 1144 2.88 +0.45 +18.5 PalantirTech(PLTR) 239139 16.35 –0.43 –2.6 AirspanNetworks(MIMO) 38903 0.24 +0.03 +14.2 SoFiTech(SOFI) 277095 7.62 +0.13 +1.7
PalatinTech(PTN) 2003 4.33 +0.65 +17.7 FordMotor(F) 234845 11.39 +0.19 +1.7 UraniumEner(UEC) 36932 7.43 –0.31 –4.0 AmerAirlines(AAL) 271672 15.13 +1.47 +10.8
ActiniumPharm(ATNM) 887 5.60 +0.58 +11.6 SpiritAirlines(SAVE) 224418 6.25 –0.43 –6.4 Zomedica(ZOM) 20103 0.13 –0.00 –1.4 Apple(AAPL) 255405 192.42 +0.86 +0.4
Mynd.ai(MYND) 36 5.18 +0.53 +11.3 Pfizer(PFE) 212462 27.47 –0.81 –2.9 Globalstar(GSAT) 19024 1.61 –0.07 –4.2 Amazon.com(AMZN) 224444 159.12 +3.78 +2.4
GranTierraEner(GTE) 2512 5.40 +0.54 +11.1 Carnival(CCL) 209186 15.83 –1.50 –8.7 Cybin(CYBN) 18644 0.37 +0.00 +1.1 NVIDIA(NVDA) 217969 610.31 +15.40 +2.6
BankofAmerica(BAC) 187281 33.43 +1.21 +3.8 NovaGoldRscs(NG) 18106 2.83 –0.75 –20.9 Lucid(LCID) 216849 2.65 –0.06 –2.2
Losers NuHoldings(NU) 174938 9.50 +0.33 +3.6 CamberEnergy(CEI) 14719 0.17 +0.01 +5.4 Rivian(RIVN) 168008 15.29 –0.19 –1.2
Name (Sym) Volume Close Change %Chg.
Vale(VALE) 164846 14.17 +0.37 +2.7 Northann(NCL) 13129 1.14 –0.22 –16.2 ChargeEnt(CRGE) 154560 0.15 –0.01 –7.4
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

BattalionOil(BATL) 2225 6.69 –2.88 –30.1 Alibaba(BABA) 159379 74.01 +4.59 +6.6 AgEagleAerial(UAVS) 12683 0.09 +0.01 +7.1 PayPal(PYPL) 147434 61.78 –4.04 –6.1
NovaGoldRscs(NG) 18106 2.83 –0.75 –20.9 Verizon(VZ) 148635 42.40 +3.07 +7.8 NewGold(NGD) 10763 1.24 –0.03 –2.4 Alphabet A(GOOGL) 133921 152.18 +5.80 +4.0
M-tronInds(MPTI) 535 33.66 –7.72 –18.7 Nokia(NOK) 131669 3.82 +0.39 +11.4 NorthernDynasty(NAK) 10377 0.26 –0.01 –2.3 Ericsson(ERIC) 116913 5.78 –0.11 –1.9
Myomo(MYO) 3819 3.26 –0.69 –17.5 BlackBerry(BB) 117024 2.92 –0.51 –14.9 Ur-Energy(URG) 10074 1.75 +0.03 +1.7 OpendoorTech(OPEN) 114823 3.35 +0.20 +6.3
QuantumFin(QFTA) 9 6.55 –1.38 –17.4 ADM(ADM) 109368 52.05 –16.14 –23.7 EnergyFuels(UUUU) 9812 7.30 –0.05 –0.7 Microsoft(MSFT) 111024 403.93 +5.26 +1.3
Polished.com(POL) 1031 4.41 –0.86 –16.3 LumenTech(LUMN) 109075 1.40 +0.08 +6.1 i-80Gold(IAUX) 9790 1.60 +0.12 +8.1 Comcast A(CMCSA) 103047 46.26 +2.91 +6.7
Intellinetics(INLX) 36 5.28 –0.70 –11.8 TriconRes(TCN) 102693 11.02 –0.05 –0.5 Senseonics(SENS) 9634 0.53 +0.01 +1.7 Alphabet C(GOOG) 96151 153.79 +5.82 +3.9
SilverCrestMetals(SILV) 4912 5.62 –0.32 –5.4 ExxonMobil(XOM) 95960 103.00 +6.05 +6.2 CheniereEnergy(LNG) 9021 167.72 +6.67 +4.1 JD.com(JD) 95464 23.86 +1.57 +7.0

Nasdaq Biggest % Movers By Dollar Volume By Dollar Volume


Name (Sym) $ Volume Close Change %Chg.
By Dollar Volume
Name (Sym) $ Volume Close Change %Chg.
Name (Sym) $ Volume Close Change %Chg.
Winners CheniereEnergy(LNG) 1447183 167.72 +6.67 +4.1 NVIDIA(NVDA) 131626411 610.31 +15.40 +2.6
BerkHathwy A(BRK.A) 27936676582300.00+25590.00 +4.6
Name (Sym) Volume Close Change %Chg.
UnitedHealth(UNH) 16122295 503.20 –0.36 –0.1 UraniumEner(UEC) 280303 7.43 –0.31 –4.0 Tesla(TSLA) 127088579 183.25 –28.94 –13.6
Nyxoah(NYXH) 456 9.41 +4.91 +108.9 B2Gold(BTG) 176760 2.76 –0.14 –4.8 AdvMicroDevices(AMD) 97370201 177.25 +3.02 +1.7
Boeing(BA) 13732987 205.47 –9.55 –4.4
VeraTherap(VERA) 20062 30.18 +15.25 +102.1 ImperialOil(IMO) 157456 57.26 +1.39 +2.5 Apple(AAPL) 49517601 192.42 +0.86 +0.4
Alibaba(BABA) 11592048 74.01 +4.59 +6.6
Baijiayun(RTC) 1803 5.90 +2.76 +87.9 DenisonMines(DNN) 95250 1.92 –0.04 –2.0 Microsoft(MSFT) 42767364 403.93 +5.26 +1.3
IBM(IBM) 10540150 187.42 +15.94 +9.3
PyxisOncology(PYXS) 10014 3.95 +1.62 +69.5 Tellurian(TELL) 73007 0.55 0.00 0.0 Netflix(NFLX) 36901694 570.42 +87.47 +18.1
ExxonMobil(XOM) 9500360 103.00 +6.05 +6.2
ArcutisBiotherap(ARQT) 31695 5.30 +2.05 +63.1 EnergyFuels(UUUU) 72402 7.30 –0.05 –0.7 Amazon.com(AMZN) 34967440 159.12 +3.78 +2.4
Procter&Gamble(PG) 9087482 156.14 +8.57 +5.8
KodiakSciences(KOD) 6645 4.98 +1.86 +59.6 NovaGoldRscs(NG) 58465 2.83 –0.75 –20.9 MetaPlatforms(META) 29720694 394.14 +10.69 +2.8
TaiwanSemi(TSM) 8899380 117.26 +3.06 +2.7
Sagimet(SGMT) 46905 10.67 +3.85 +56.5 CentrusEnergy(LEU) 46962 51.54 –2.66 –4.9 SuperMicroComp(SMCI) 23837159 474.15 +50.79 +12.0
Visa(V) 8724287 267.94 –2.96 –1.1
Adagene(ADAG) 1375 3.95 +1.31 +49.6 NatlHealthcare(NHC) 40140 97.75 +1.31 +1.4 Alphabet A(GOOGL) 19674066 152.18 +5.80 +4.0
Salesforce(CRM) 8125424 279.94 –0.94 –0.3
Losers ServiceNow(NOW) 7955787 769.44 +20.33 +2.7 CheniereEnerPtrs(CQP) 35864 53.49 +3.06 +6.1 Broadcom(AVGO) 17773563 1204.88 –6.32 –0.5
Name (Sym) Volume Close Change %Chg. Humana(HUM) 7950378 361.23 –40.30 –10.0 EquinoxGold(EQX) 34478 4.40 –0.08 –1.8 Intel(INTC) 15703402 43.65 –4.50 –9.3
JPMorganChase(JPM) 7939488 172.28 +1.97 +1.2 Globalstar(GSAT) 31745 1.61 –0.07 –4.2 Alphabet C(GOOG) 14372894 153.79 +5.82 +3.9
PsyenceBiomed(PBM) 410 2.35 –4.30 –64.7
EliLilly(LLY) 7325369 639.25 +10.67 +1.7 ParkNational(PRK) 31335 134.54 +4.52 +3.5 ASML(ASML) 13400623 867.75 +109.92 +14.5
SemperParatusA(LGST) 124 7.58 –3.66 –32.6
BerkHathwy B(BRK.B) 6714285 385.40 +18.41 +5.0 Seaboard(SEB) 28041 3609.99 –71.19 –1.9 Adobe(ADBE) 9828120 613.93 +2.38 +0.4
VastRenewables(VSTE) 149 2.42 –0.75 –23.7
Snowflake(SNOW) 6506094 202.51 +9.39 +4.9 SilverCrestMetals(SILV) 27742 5.62 –0.32 –5.4 PayPal(PYPL) 9293769 61.78 –4.04 –6.1
FoghornTherap(FHTX) 807 3.05 –0.79 –20.6
Chevron(CVX) 6213237 149.14 +6.90 +4.9 IvanhoeElectric(IE) 27501 9.18 +0.87 +10.5 TexasInstruments(TXN) 7995248 164.09 –9.56 –5.5
ColumbiaBanking(COLB) 23787 20.41 –4.47 –18.0
HomeDepot(HD) 6198522 355.30 –7.11 –2.0 MAG Silver(MAG) 26949 9.21 +0.12 +1.3 Costco(COST) 7661095 686.88 –8.09 –1.2
Zoomcar(ZCAR) 747 3.10 –0.61 –16.4
BankofAmerica(BAC) 6173586 33.43 +1.21 +3.8 MegaMatrix(MPU) 24280 3.09 –0.17 –5.2 LamResearch(LRCX) 7519863 839.04 +12.72 +1.5
OrchestraBioMed(OBIO) 357 7.32 –1.40 –16.1
Verizon(VZ) 6156140 42.40 +3.07 +7.8 GeniusGroup(GNS) 20396 0.38 +0.09 +30.2 MicronTech(MU) 6973118 88.05 +0.54 +0.6
LeddarTech(LDTC) 221 3.91 –0.75 –16.0

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer than 5,000 shares or priced under $5.
Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
36 BARRON’S January 29, 2024

RE SEARCH REPORTS
For a look back at more analyst
research and reports, go online to
barrons.com/researchreports

How Analysts Size


Up Companies
Netflix • NFLX-Nasdaq during its 2022 investor day. We ex- Insider Transactions
Outperform • Price $490.20 on Jan. 23 pect the FAA ruling to delay Boeing’s Purchases Sales
These reports, by Evercore 737 ramp by roughly a year. We move $ Val $ Val
Company Symbol Insiders Shares (000's) Company Symbol Insiders Shares (000's)
excerpted and to the sidelines with our rating on the Nextnav NN 1 300,000 1,173 Celsius CELH 3 955,353 51,878
edited by Barron’s,
We reiterate our Outperform on Net- shares, lowering it to Neutral from Compass Diversified
Assembly Biosciences
CODI
ASMB
8
1
37,174
645,080
795
511
Gitlab
Microstrategy
GTLB
MSTR
2
1
427,559
45,000
26,801
22,454
were issued recently
by investment and flix and raise our price target to $600 Buy and cutting our price objective to Cme Group CME 1 1,390 281 Arista Networks ANET 2 73,809 19,338
Texas Capital Bancshares TCBIO 1 12,000 227 Atlassian TEAM 3 60,157 14,617
research firms. from $500 in the wake of fourth- $225 from $255. Fb Financial FBK 1 6,000 218 Intra-Cellular Therapies ITCI 1 191,362 12,681
Amrep AXR 1 8,800 193 Cloudflare NET 3 127,826 10,604
The reports are a quarter earnings-per-share results Townebank TOWN 28 6,687 191 Cadence Design Systems CDNS 1 36,000 9,989
sampling of analysts’ Compass Minerals International CMP 1 5,000 106 Commercial Metals CMC 1 200,000 9,981
that were materially better than high J.B. Hunt Transport Services Smith Douglas Homes SDHC 1 5,000 105 Visa V 1 36,546 9,875
thinking; they should Fidelity National Information Services FIS 2 1,634 99 Airbnb ABNB 2 67,510 9,215
not be considered
expectations. There were several key • JBHT-Nasdaq Northwest Bancshares NWBI 1 5,000 65 Msc Industrial Direct MSM 1 93,538 9,124
the views or recom- positives—much stronger than ex- Buy • Price $198.72 on Jan. 22
Perpetua Resources
Authid
PPTA
AUID
1
1
10,000
3,311
30
29
Interactive Brokers
Travelers Companies
IBKR
TRV 3
1 98,644
41,041
8,982
8,707
mendations of pected fourth-quarter subscription by UBS Chemung Financial CHMG 1 582 28 Wex WEX 1 41,107 8,427
Bancfirst BANF 1 249 23 Hartford Financial Services HIG 1 95,958 8,048
Barron’s. Some of additions (13 million, the second high- William Penn Bancorp WMPN 1 1,686 21 Credo Technology CRDO 4 380,980 7,502
the reports’ issuers Tilray Brands TLRY 1 10,000 21 Fastenal FAST 4 85,670 5,895
est ever for Netflix, after the March J.B. Hunt’s fourth-quarter 2023 EPS Dakota Gold DC 1 9,161 20 Immunogen IMGN 1 187,667 5,562
have provided, or Community Trust Bancorp CTBI 1 410 18 Ionis Pharmaceuticals IONS 10 94,441 4,786
hope to provide, 2020 Covid quarter); a record-high report provided evidence their inter-
investment-banking fourth-quarter 17% operating margin; modal margin has likely reached bot- An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any
trade to the SEC within two business days. The tables highlight companies that filed with the SEC through last Wednesday. The tables
or other services to and free cash flow that came in mate- tom and the 8o-basis-point sequential do not include pension-plan or employee stock-option activity, trades by beneficial owners of 10% or more, trades under $2 per share or
the companies being trades under 100 shares. The "Purchases" column includes only open-market and private purchases; the "Sales" column includes only
rially higher than expected. The first- improvement (versus the third quar- open-market and private sales, and excludes trades preceded by option exercise in the 12 months prior to the reported event. Source:
analyzed. Thomson Reuters
quarter subscription outlook com- ter) points to potential for gradual
mentary was very vague, but the out- improvement in 2024. We expect a Insider Transactions Ratio
look for accelerating revenue growth transition to modest 7% EPS growth
150
wasn’t—13% in the fourth quarter to in 2024 supported by 5.5% growth
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

16% in the first quarter to “healthy in intermodal volume. We also expect 125
Bearish
double-digit revenue growth” for the a stronger cyclical upturn in 2025,
100
full year. We attribute the very strong where 5% growth in intermodal pric-
top-line performance to several fac- ing translates to a more powerful 75
tors: 1) a reasonably strong content cyclical rise and 25% EPS growth. Ratio = 64
50
slate across film and TV, 2) increased In cycle upturn years of 2010, 2018,
contribution from SAVOD [subscrip- and 2021, J.B. Hunt produced 50%, 25
tion and ad-supported video on de- 56%, and 51% EPS growth. We are Bullish 0
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

mand], and 3) ongoing contribution raising our 2025 EPS estimate from F M A M J J A S O N D J
from the company’s paid sharing ini- $9.30 per share to $10.16, and we are Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish. The total top 20 sales and buys are
tiatives. While our revenue estimates upgrading J.B. Hunt from Neutral to 264,464,994 and 4,153,341 respectively; Source: Thomson Reuters
increase only 1%-2%, our operating Buy. Price target: $234.
income and EPS estimates rise 7%-
9%, with ’25 EPS rising from $20.45 to Maplebear • CART-Nasdaq PayPal Holdings • PYPL -Nasdaq tion for PayPal, we continue to see the
$22.38. Our ’24 subscription adds esti- Hold • Price $25.59 on Jan. 23 Neutral • Price $63.02 on Jan. 25 task of returning the company to con-
mate goes from 15 million to 18 million by Benchmark by BTIG sistent and profitable revenue growth
Our $600 price target is based on 27 as a multiyear initiative, rather than a
times our ’25 EPS of $22.38 and 22 In light of the announcement of the PayPal published a 17-minute prere- fiscal-2024 story.
times our ’25 Ebitda of $12.2 billion. termination of the company’s [parent corded video of CEO Alex Chriss high-
of Instacart] lockup agreement on Feb. lighting the first innovations that Pay- Deckers Outdoor • DECK-NYSE
Boeing • BA-NYSE 15, we are moving to a Hold rating Pal and Venmo are piloting and Outperform • Price $50.62 on Jan. 25
Neutral • Price $214.13 on Jan. 25 until this liquidity event is properly bringing to market during 2024. The by Wedbush
by BofA Global Research digested in the market. While we stock traded down for the day, for two
acknowledged liquidity risks in our reasons in our view: 1) investor expec- We believe that Deckers [maker of
In the wake of the Alaska Airlines initiation, we had anticipated a more tations were greater than [that pro- UGG and Hoka shoes] remains one of
Flight 1282 incident, where a 737 “orderly process” to manage this vided during] the video, and 2) the six the strongest fundamental stories in
MAX-9 door plug was ejected from liquidity in March. We now believe new innovations Chriss revealed don’t our coverage, and we expect it to post
the fuselage in midflight, Boeing has that having substantially all of Maple- seem like game-changing initiatives. yet another beat-and-raise when it
again found itself in the spotlight of bear’s shares outstanding and open PayPal didn’t provide an update on its reports fiscal third-quarter EPS on
materially increased regulatory scru- for sale on Feb. 15 will lead to a sup- financial outlook during the presenta- Feb. 1. If the stock does exhibit weak-
tiny. The subsequent grounding and ply/demand imbalance that is likely to tion, so investors will have to wait until ness next week, we’d view it as a buy-
Federal Aviation Administration man- weigh on the stock near term. Net-net, the company reports its fourth-quarter ing opportunity. Given our positive
dated production rate freeze at current our long-term thesis shared within 2023 results on Feb. 7 to hear manage- holiday checks, we are raising our
levels will likely prevent Boeing from our initiation is unchanged. However, ment’s outlook for revenue and earn- fiscal ’24/’25 EPS forecasts to $24.32/
reaching its 2025-26 production, deliv- the news today changes our near-term ings. While we see the update provided $27.60 from $23.25/$27.10. Price
ery, and free-cash-flow goals outlined view on the shares. by Chriss as a step in the right direc- target: $825.
January 29, 2024 BARRON’S 37

Barron's 50-Stock Average 52 Dow Jones Averages 49 Money Rates, U.S. & Foreign 51 Vital Signs 29

DATA
Cash Track 47 Dow Jones Per Share Values 50 Mutual Funds 47 Week In Stocks 50
Charting the Market 34 Exchange Traded Portfolios 46 N.Y. Stock Exchange 37 Weekly Bond Statistics 52
Coming Earnings 53 Federal Reserve Data Bank 52 Nasdaq National Market 41 Winners & Losers Stocks 35
Conference Call Calendar 51 Foreign Exchange 51 New Corporate Listings 50
Consensus Estimate 53 Gold & Silver Prices 52 New Highs & Lows 53
Delta Tactical Sentiment 51 Gold Mining Index 52 NYSE Half-Hourly Volume 50
Distributions & Offerings 50 Indexes P/Es & Yields 50 Other Market Indexes 49
Dividend Boosts - Reductions 52 Initial Public Offerings 50 Pulse of the Economy 51
Dividend Ex-Payment Dates 52 Investor Sentiment Readings 50 Stock Splits - Special Dividends 52
DJ Averages 49 Key Foreign Market Indexes 45 Stock Volume 50
Contact Us
DJ U.S. Total Market Industry Groups 51 Market Lab 49 Trading Diary 49 For queries, email us at
Statistics from January 22-26, 2024 memberservices@dowjones.com

NEW YORK STOCK EXCHANGE COMPOSITE LIST - NEW HIGHS - NEW LOWS

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
70.63 27.92 Alteryx AYX ... dd 47.37 –0.14 ... 133.79 107.89 Aptargroup ATR 1.2 31 131.70 +0.90 .41 25.25 16.63 Avantor AVTR ... 42 22.66 +1.08 ... 2.37 1.04 BlackSkyTech BKSY ... dd 1.29 +0.01 ...
A
5.57 1.75 AlticeUSA ATUS ... dd 2.68 +0.48 ... 124.88 71.01 Aptiv APTV ... 11 86.04 +7.04 ... 204.51 158.93 AveryDennison AVY 1.6 34 201.00 +0.40 .81 133.53 76.19 Blackstone BX 2.7 68 124.57 +5.49 .94
73.95 49.06 AAR AIR ... 30 57.81 –1.00 ... 48.11 39.07 Altria MO 9.8 8 40.20 –0.13 .98 32.46 23.55 Aramark ARMK 1.3 11 28.58 –0.07 .11 44.74 27.73 Avient AVNT 2.8 82 36.81 +0.11.2575 24.80 16.61 BlackstoneMtg BXMT11.8 18 21.06 +0.47 .62
53.05 37.61 ABMIndustries ABM 2.1 11 42.08 +0.34 .225 8.40 4.08 AltusPower AMPS ... 10 5.46 –0.03 ... 17.74 10.10 ArborRealty ABR 12.2 8 13.77 –0.87 .43 45.13 30.53 Avista AVA 5.4 15 33.78 +0.12 .46 2.75 0.53 BlendLabs BLND ... dd 2.54 +0.13 ...
17.75 11.26 AmbacFin AMBC ... 4 16.34 +0.54 ... 7.27 4.83 ArcadiumLithium ALTM ... ... 5.09 +0.02 ... 34.45 25.03 AxaltaCoating AXTA ... 30 32.54 +0.09 ... 49.14 28.83 BlockHR HRB 2.7 14 47.74 +1.05 .32
6.62 4.30 ACCO Brands ACCO 4.9 11 6.15 +0.20 .075
3.23 2.40 Ambev ABEV 4.1 14 2.68 –0.02.1443 32.49 21.30 ArcelorMittal MT ... 5 27.59 +1.03 ... 57.12 32.05 AxosFinancial AX ... 10 55.71 +2.47 ... 89.97 38.85 Block SQ ... dd 64.97 –0.88 ...
10.25 6.62 AcresCmclRlty ACR ... dd 9.76 –0.06 ...
12.25 8.45 Amcor AMCR 5.2 15 9.54 +0.07 .125 187.45 102.42 ArchResources ARCH .6 4 178.39 –7.36 .88 13.87 3.82 Azul AZUL ... dd 8.68 +0.72 ... 26.55 9.51 BloomEnergy BE ... dd 12.47 +1.07 ...
5.75 0.36 ADC Therap ADCT ... dd 2.67 +0.85 ...
30.13 15.79 AmerantBncpA AMTB 1.5 25 24.17 +0.92 .09 7.49 1.77 ArcherAviation ACHR ... dd 4.90 –0.16 ... 15.27 11.68 BlueOwlCapital OBDC 9.3 7 15.10 +0.04 .35
8.92 4.89 ADT ADT 3.3 cc 6.63 +0.36 .055 B
91.18 67.70 Ameren AEE 3.6 16 69.51 +0.23 .63 87.30 50.72 ADM ADM 3.5 7 52.05 –16.14 .50 16.07 9.70 BlueOwlCapital OWL 3.5 cc 15.85 +0.41 .14
94.01 74.40 AECOM ACM .9 cc 89.36 +0.86 .22
65.86 18.40 Ameresco AMRC ... 25 22.07 +0.36 ... 16.83 8.78 Archrock AROC 3.7 32 16.73 +1.47 .165 117.09 61.80 BlueLinx BXC ... 10 109.78 –1.39 ...
27.71 11.43 AES AES 4.0 dd 17.15 +0.26.1725 2.29 0.70 Bark BARK ... dd .98 +0.07 ...
23.07 16.00 AmericaMovil AMX 1.9 15 18.05 –0.45.1967 13.20 7.02 ArcosDorados ARCO 1.5 15 12.90 +0.62 .04 267.54 176.25 Boeing BA ... dd 205.47 –9.55 ...
85.49 60.20 Aflac AFL 2.3 11 85.31 +0.94 .42 16.68 7.20 B&G Foods BGS 7.4 dd 10.32 +0.44 .19
29.73 16.04 AmericanAssets AAT 5.6 30 23.60 +0.60 .33 84.21 55.47 Arcosa ACA .3 13 78.52 –0.97 .05 138.94 59.32 BoiseCascade BCC .6 11 134.99 +1.555.00
145.53 109.81 AGCO AGCO .9 8 123.15 +5.49 .29 48.38 36.15 BCE BCE 6.9 23 40.75 –0.93.7157
10.12 6.29 AmericanAxle AXL ... dd 8.06 +0.54 ... 25.47 12.95 ArcusBiosci RCUS ... dd 15.13 –0.21 ... 104.91 64.33 BootBarn BOOT ... 14 73.73 +1.84 ...
7.05 4.82 AG Mortgage MITT11.3 12 6.40 +0.18 .05 3.72 1.68 BEST BEST ... dd 2.41 –0.05 ...
21.68 9.95 AmerEagle AEO 2.4 19 20.67 +0.45 .125 5.90 2.57 ArdaghMetalPkg AMBP10.6 cc 3.79 +0.13 .10 147.52 87.99 BoozAllen BAH 1.3 47 146.38 +18.89 .47
22.08 3.60 a.k.a.Brands AKA ... dd 9.81 +0.93 ... 15.86 8.85 BGSF BGSF 5.7 17 10.60 +1.00 .15
56.09 31.57 AmerEquity AEL ... 7 55.48 –0.23 ... 19.41 11.59 ArdmoreShipping ASC 7.1 5 16.30 +0.72 .16 47.05 31.63 BorgWarner BWA 1.3 11 34.14 +1.27 .17
75.26 4.01 AMC Ent AMC ... dd 4.07 –0.44 ... 70.68 54.28 BHP Group BHP 5.4 12 61.96 +1.43 1.60
204.77 140.91 AmerExpress AXP 1.2 18 201.43 +18.26 .60 10.76 10.10 AresAcqnII A AACT ... 66 10.49 +0.02 ... 9.01 5.63 BorrDrilling BORR .0 dd 7.26 +0.58 .05
112.44 57.80 AMN Healthcare AMN ... 11 73.86 –0.33 ... 142.89 105.22 AmericanFin AFG 2.4 12 120.27 +0.88 .71 12.75 7.52 AresCommRealEst ACRE12.7 cc 10.42 +0.32 .33 139.50 51.94 BILL BILL ... dd 74.38 +1.88 ...
420.50 296.27 BostonBeer SAM ... 53 359.40 +1.81 ...
11.49 3.67 AMTD Digital HKD ... 17 3.88 –0.13 ... 37.97 28.79 AmHomes4Rent AMH 2.5 34 35.07 –0.54 .22 121.84 71.36 AresMgmt ARES 2.5 56 121.15 +4.72 .77 6.95 2.00 BitMining BTCM ... dd 4.00 +0.21 ...
28.29 13.55 BostonOmaha BOC ... cc 16.32 +1.42 ...
5.49 1.65 AMTD IDEA AMTD ... 1 1.74 +0.04 ... 69.93 45.66 AIG AIG 2.1 13 69.53 +0.70 .36 48.51 37.37 Argan AGX 2.7 18 44.51 –1.19 .30 78.88 60.33 BJ'sWholesale BJ ... 17 64.73 –0.96 ...
79.42 46.18 BostonProps BXP 5.5 58 71.20 +2.87 .98
11.29 10.41 AP Acqn A APCA ... 64 11.20 +0.03 ... 31.59 11.69 AmRltyInv ARL ... 7 22.22 –0.82 ... 15.95 6.69 ArisWater ARIS 4.1 18 8.71 +0.72 .09 41.38 33.52 BP BP 4.2 4 35.63 +1.78.4362
61.46 45.57 BostonSci BSX ... 75 61.13 +0.19 ...
3.87 2.62 ARC Document ARC 6.5 12 3.07 +0.13 .05 99.19 75.13 AmerStWater AWR 2.3 23 75.14 –1.56 .43 270.63 123.32 AristaNetworks ANET ... 44 264.40 +0.89 ... 13.29 2.39 BP Prudhoe BPT ... 3 2.79 –0.02 ...
2.17 0.47 BowFlex BFX ... dd .61 +0.11 ...
9.78 6.70 ASE Tech ASX 4.5 17 9.44 +0.17.5714 14.75 6.15 AmerStratInvt NYC ... dd 7.71 –0.15 ... 11.54 3.37 ArloTech ARLO ... dd 8.96 +0.24 ... 8.27 2.51 BRC BRCC ... dd 3.91 +0.31 ... 17.45 8.85 Bowlero BOWL ... 19 11.69 –0.54 ...
97.80 63.27 ASGN ASGN ... 21 95.92 +2.56 ... 235.49 154.58 AmerTowerREIT AMT 3.3 cc 197.29 –6.58 1.70 13.73 9.81 ArmadaHoffler AHH 6.3 47 12.41 +0.25 .195 3.09 1.06 BRF BRFS ... dd 2.96 +0.31 ... 34.98 23.29 Box BOX ... cc 26.24 +0.01 ...
20.50 13.43 AT&T T 6.4 9 17.29 +0.62.2775 22.94 8.41 AmerVanguard AVD 1.1 72 10.79 +0.92 .03 33.38 13.32 ArmourResREIT ARR 14.5 dd 19.86 +0.83 .24 22.35 16.01 BRT Apartments BRT 5.7 cc 17.55 –0.23 .25 73.00 52.42 BoydGaming BYD 1.0 10 64.46 +0.28 .16
47.92 34.10 ATI ATI ... 20 41.13 –0.88 ... 162.59 114.25 AmerWaterWorks AWK 2.3 26 123.16 –2.14.7075 101.69 62.03 ArmstrongWorld AWI 1.1 20 98.70 –0.79 .28 82.33 58.80 BWX Tech BWXT 1.1 34 81.92 +2.40 .23 61.62 46.77 Brady BRC 1.6 16 60.51 +0.62 .235
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

25.00 5.78 ATI PhysTherapy ATIP ... dd 6.45 +0.17 ... 4.28 0.93 AmericanWell AMWL ... dd 1.12 +0.03 ... 147.42 109.54 ArrowElec ARW ... 6 114.25 –2.58 ... 6.83 0.96 Babcock&Wilcox BW ... dd 1.38 +0.21 ... 5.60 1.91 BraemarHtls BHR 8.2 dd 2.43 +0.13 .05
48.89 33.02 ATS ATS ... 36 43.82 +0.71 ... 33.90 24.31 AmericoldRealty COLD 3.1 dd 28.28 –1.10 .22 45.92 28.98 ArtisanPtrsAsset APAM 5.5 14 41.68 –0.19 .65 170.86 103.93 BadgerMeter BMI .8 46 143.77 –7.96 .27 7.25 3.42 BrandywineRealty BDN 11.8 dd 5.10 +0.02 .15
16.28 10.04 A10Networks ATEN 1.7 26 13.79 +0.21 .06 402.65 275.09 Ameriprise AMP 1.4 17 391.40 +9.73 1.35 19.00 11.44 Artivion AORT ... dd 16.83 –1.41 ... 2.75 0.64 Bakkt BKKT ... dd 1.40 +0.01 ... 6.07 4.49 BrasilAgro LND 12.5 10 5.10 +0.06 .621
63.99 51.25 AXIS Capital AXS 3.0 10 59.48 +3.96 .44 166.65 131.52 Ametek AME .6 30 163.52 +1.49 .25 26.27 14.30 Asana ASAN ... dd 18.38 +0.23 ... 62.14 42.81 Ball BALL 1.4 30 57.24 +1.71 .20 12.67 6.26 Braskem BAK ... dd 7.62 +0.40 ...
39.04 21.34 AZEK AZEK ... 84 37.74 +0.31 ... 4.00 2.15 Ampco-Pitt AP ... 34 2.51 +0.05 ... 256.39 178.40 AsburyAutomotive ABG ... 5 213.92 +9.46 ... 21.33 7.28 Bally's BALY ... dd 11.53 +0.90 ... 44.52 23.19 BreadFinancial BFH 2.4 3 35.47 +5.26 .21
63.22 34.59 AZZ AZZ 1.1 22 62.41 +3.68 .17 103.07 72.00 Amphenol APH .9 32 100.71 +3.10 .22 7.52 1.24 AshfordHosp AHT ... dd 1.41 –0.06 ... 18.26 9.72 BancCalifornia BANC 2.7 dd 14.57 +2.05 .10 15.61 6.87 BridgeInvt BRDG 6.8 dd 10.03 +0.32 .17
16.16 6.72 Aaron's AAN 4.7 37 10.73 +0.49 .125 10.23 5.47 AmplifyEnergy AMPY ... 1 6.48 +0.75 ... 109.27 70.82 Ashland ASH 1.9 25 80.48 +1.46 .385 6.60 3.73 BancoBBVA BBAR .0 3 6.34 +1.10.064 82.40 4.94 BrightHealth BHG ... dd 16.35 +4.82 ...
115.83 89.67 AbbottLabs ABT 2.0 34 112.01 –2.68 .55 10.63 2.60 AmpriusTech AMPX ... dd 4.12 –0.20 ... 17.32 5.33 AspenAerogels ASPN ... dd 11.87 –0.10 ... 9.52 6.24 BBVA BBVA 4.7 7 8.78 +0.03.1685 102.34 71.65 BrightHorizons BFAM ... 67 100.33 +2.16 ...
167.95 130.96 AbbVie ABBV 3.8 45 164.40 –0.37 1.55 22.58 11.78 Amrep AXR ... 6 21.10 –0.42 ... 33.00 22.92 AssetMarkFin AMK ... 20 30.70 +0.61 ... 3.21 2.12 BancoBradesco BBDO 5.4 11 2.83 –0.03.0035 3.44 0.81 BrightScholar BEDU ... ... 1.42 –0.08 ...
105.81 21.74 Abercrombie&Fitch ANF ... 26 103.80 +2.69 ... 10.97 10.36 AndrettiAcqnA WNNR ... cc 10.96 +0.01 ... 24.21 14.47 AssociatedBanc ASB 4.1 19 21.65 +0.28 .22 23.80 17.96 BancodeChile BCH 7.3 8 22.12 +0.232.1466 26.88 15.23 BrightSphere BSIG .2 13 22.20 +1.62 .01
17.73 12.37 AcadiaRealty AKR 4.1 69 17.49 +0.61 .18 11.20 6.00 AngelOakMtgREIT AOMR11.7 dd 10.98 +0.26 .32 40.55 31.01 AssocCapital AC .6 22 34.50 +0.25 .10 27.06 16.26 Bladex BLX 4.1 6 24.56 +0.39 .25 8.01 5.20 BrightSpire BRSP10.6 cc 7.57 +0.40 .20
12.05 8.28 AccelEnt ACEL ... 21 10.54 +0.44 ... 30.27 14.91 AngloGoldAsh AU 1.2 cc 17.49 +1.26.0337 173.61 104.49 Assurant AIZ 1.7 17 170.68 +2.86 .72 33.75 16.31 BancoMacro BMA .0 6 33.62 +5.01.4262 9.16 5.16 BrightView BV ... dd 8.90 +0.41 ...
375.73 242.80 Accenture ACN 1.4 34 371.07 +7.17 1.29 67.09 51.66 AB InBev BUD 1.0 20 62.09 –0.92.8245 82.92 45.21 AssuredGuaranty AGO 1.4 11 82.62 +3.22 .28 6.66 4.76 BancSanBrasil BSBR 4.1 ... 5.99 –0.12.0831 90.13 59.46 Brink's BCO 1.1 28 82.55 +0.67 .22
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

242.10 149.30 AcuityBrands AYI .2 20 239.10 +8.59 .15 24.43 14.52 AnnalyCap NLY 13.3 dd 19.61 +0.31 .65 165.69 116.14 Atkore ATKR ... 9 153.34 +0.32 ... 21.81 16.03 BcoSantChile BSAC 5.1 18 18.57 –0.121.2511 44.97 28.23 BrinkerIntl EAT ... 13 39.41 +0.52 ...
67.73 43.62 Acushnet GOLF 1.2 20 65.62 +0.43 .195 23.89 5.42 AnnovisBio ANVS ... dd 9.91 –1.79 ... 41.04 23.32 AtlUnionBkshs AUB 3.6 14 35.49 +0.47 .32 4.29 3.20 BancoSantander SAN 2.7 6 3.94 –0.08.0631 75.18 48.25 BristolMyers BMY 4.8 13 49.70 –0.41 .60
12.51 7.34 Adecoagro AGRO 3.2 7 10.18 +0.05.1649 13.46 9.56 AnteroMidstream AM 7.3 17 12.26 +0.11 .225 24.69 15.06 AtlasEnergy AESI 3.4 11 17.44 +1.08 .05 34.43 21.55 BanColombia CIB 3.5 10 31.78 –0.12 .758 0.17 0.02 BristolMyersRt CELG.RT ... ... .05 ... ...
47.50 30.11 Adient ADNT ... 16 35.21 +2.08 ... 30.90 19.91 AnteroResources AR ... 8 22.68 +0.78 ... 125.28 101.00 AtmosEnergy ATO 2.8 19 113.70 +0.62 .805 37.00 24.96 BankofAmerica BAC 2.9 11 33.43 +1.21 .24 31.89 20.08 Bristow VTOL ... dd 27.48 +1.71 ...
62.99 33.59 AdtalemGlbEduc ATGE ... 26 60.37 –1.65 ... 9.85 4.09 AnywhereRealEst HOUS ... dd 7.40 +0.88 ... 25.39 18.21 AtmusFiltration ATMU ... 10 22.29 +0.20 ... 38.31 22.93 BankofButterfield NTB 5.6 7 31.35 +0.96 .44 38.90 28.35 BritishAmTob BTI 9.4 6 29.66 +0.18.7006
158.22 47.73 AdvanceAuto AAP 1.5 21 66.25 +2.50 .25 347.37 280.89 Aon AON .8 23 301.90 –9.68 .615 3.33 1.16 ATRenew RERE ... dd 1.23 +0.01 ... 79.68 30.83 BankofHawaii BOH 4.3 16 64.80 –3.40 .70 24.47 19.40 BrixmorProp BRX 4.8 20 22.70 +0.20.2725
145.68 75.02 AdvDrainageSys WMS .4 22 131.08 –3.06 .14 40.28 28.22 AptIncmREIT AIRC 5.4 5 33.08 –1.37 .45 37.90 24.17 Autohome ATHM 6.7 11 25.20 –0.07 1.15 102.79 73.98 BankMontreal BMO 3.5 23 96.83 +0.991.1285 209.61 133.97 BroadridgeFinl BR 1.5 37 207.88 +2.99 .80
44.57 23.93 AdvanSix ASIX 2.4 8 26.33 +1.11 .16 8.93 5.63 ApartmtInv AIV ... dd 7.66 –0.03 ... 111.30 79.66 Autoliv ALV 2.6 22 106.56 +3.56 .68 55.83 39.65 BankNY Mellon BK 3.0 14 55.33 +0.29 .42 18.54 13.68 Broadstone BNL 7.0 16 16.34 –0.30 .285
6.12 4.02 Aegon AEG 4.0 dd 6.01 +0.10.1528 34.92 20.05 APi Group APG ... 82 32.30 +0.42 ... 182.08 117.06 AutoNation AN ... 6 140.20 –0.39 ... 55.91 39.80 BankNovaScotia BNS 6.7 11 46.39 +0.21.7946 6.15 2.27 BrookdaleSrLiving BKD ... dd 5.68 –0.11 ...
78.79 49.58 AerCap AER ... 7 77.82 +2.17 ... 12.75 8.58 ApolloComRlEst ARI 11.9 dd 11.75 +0.03 .35 2783.52 2277.88 AutoZone AZO ... 20 2780.24 +33.80 ... 40.22 15.83 BankUnited BKU 3.6 13 29.90 +0.66 .27 40.85 28.35 BrookfieldAsset BAM 3.2 8 40.57 +1.53 .32
2.10 0.47 AevaTech AEVA ... dd .86 –0.07 ... 100.50 55.16 ApolloGlbMgmt APO 1.7 21 100.31 +1.37 .43 198.66 153.07 Avalonbay AVB 3.7 27 177.50 –2.93 1.65 9.44 6.23 Barclays BCS 4.8 ... 7.72 +0.36.1398 24.12 14.00 BrookfieldBus BBUC 1.1 9 23.13 +0.62.0625
180.63 120.22 AffiliatedMgrs AMG .0 5 151.72 –1.42 .01 18.22 13.66 AppleHospREIT APLE 5.8 24 16.52 +0.02 .08 43.01 27.46 Avangrid AGR 5.8 22 30.44 –0.55 .44 9.47 6.96 BaringsBDC BBDC 11.1 10 9.22 +0.38 .26 41.18 28.25 Brookfield BN .7 dd 40.62 +0.82 .07
157.31 96.80 AgilentTechs A .7 31 130.99 –0.23 .236 182.96 122.24 AppliedIndlTechs AIT .8 19 177.09 +2.09 .37 31.99 17.24 AvanosMedical AVNS ... dd 19.16 +0.27 ... 2.52 0.75 Barnes&NobleEduc BNED ... dd .91 +0.05 ... 48.23 25.48 BrookfieldInfr BIPC 4.4 6 34.93 +0.23.3825
19.68 5.07 Agiliti AGTI ... dd 7.36 +0.45 ... 47.36 18.79 BarnesGroup B 2.0 68 32.52 +1.70 .16 37.32 21.03 BrookfieldInfr BIP 4.9 94 31.20 +0.23.3825
29.44 5.71 agilon health AGL ... dd 5.82 –0.55 ... 20.75 13.82 BarrickGold GOLD 2.6 cc 15.53 –0.08 .10 41.14 28.30 BrookfieldReinsur BNRE .0 ... 40.55 +0.75 .07
61.15 43.22 AgnicoEagleMines AEM 3.2 9 49.38 +0.04 .40 49.55 27.30 Bath&BodyWks BBWI 1.9 13 42.44 +0.01 .20 41.00 32.75 BrookfieldReinsA1 BNRE.A .0 ... 40.97 +1.37 .07

Five-Day Dow Composite


75.71 52.69 AgreeRealty ADC 5.0 35 59.47 –1.62 .247 11.55 9.60 BatteryFutureA BFAC ... 47 10.94 +0.04 ... 36.16 21.77 BrookfieldRenew BEPC 4.8 7 27.98 –0.38.3375
46.20 33.33 AirLease AL 2.0 10 42.66 +2.23 .21 21.95 14.14 Bausch+Lomb BLCO ... dd 14.37 –0.22 ... 79.99 52.82 Brown&Brown BRO .7 25 76.88 +2.05 .13
320.90 251.63 AirProducts APD 2.7 25 261.90 +1.26 1.77 10.23 5.57 BauschHealth BHC ... dd 8.18 +0.03 ... 72.65 53.52 Brown-Forman A BF.A 1.5 36 58.47 +1.81.2178
216.34 151.72 AlamoGroup ALG .5 19 213.00 +7.86 .26 50.21 31.01 BaxterIntl BAX 3.0 dd 38.79 +0.19 .29 71.27 52.59 Brown-Forman B BF.B 1.5 35 56.69 +2.09.2178
14.95 9.78 AlamosGold AGI .8 24 12.18 ... .025 Can’t Stop, Won’t Stop: The Dow rose 0.6% last week to finish at a 4.66 2.89 BaytexEnergy BTE 2.1 4 3.24 +0.24.0166 99.68 66.47 Brunswick BC 1.9 12 82.88 –3.97 .40
57.18 30.75 AlaskaAir ALK ... 20 36.77 +1.93 ... 44.50 6.31 Beachbody BODY ... dd 9.16 +0.73 ... 48.15 30.18 Buckle BKE 3.8 8 36.74 +0.61 2.50
115.39 78.20 AlbanyIntl AIN 1.2 28 89.57 +1.57 .26 record high after a strong GDP reading. American Express gained 10% 35.93 13.56 BeazerHomes BZH ... 6 31.82 –0.57 ... 15.74 6.45 Buenaventura BVN .5 40 15.17 +0.30 .073
293.01 112.00 Albemarle ALB 1.3 4 119.84 +4.71 .40 after reporting better-than-expected earnings, while 3M fell 11%. 287.32 228.62 BectonDicknsn BDX 1.6 48 236.65 +0.76 .95 30.49 17.85 Build-A-Bear BBW .0 6 21.92 –0.07 1.50
23.88 19.14 Albertsons ACI 2.2 9 21.84 –0.16 .12 99.13 60.55 Belden BDC .3 12 74.92 +1.51 .05 178.66 75.28 BuildersFirst BLDR ... 14 169.52 –2.99 ...
55.74 23.07 Alcoa AA 1.3 dd 30.61 +3.25 .10 57.00 27.24 BellRing BRBR ... 45 55.46 +2.23 ... 116.59 87.86 BungeGlobal BG 3.0 7 88.30 –4.38.6625
86.20 63.78 Alcon ALC ... 84 76.00 –1.73 ...
Monday Tuesday Wednesday Thursday Friday 28.86 20.58 BenchmarkElec BHE 2.4 14 26.95 +1.12 .165 17.70 6.09 BurfordCapital BUR 1.7 ... 15.15 +0.48.0625
20.49 15.56 Alexander&Baldwin ALEX 5.0 dd 17.73 –0.03.2225 2.84 0.13 BensonHill BHIL ... dd .17 ... ... 239.94 115.66 BurlingtonStrs BURL ... 43 198.02 +3.22 ...
38,220 3.22 0.76 ButterflyNtwk BFLY ... dd .99 –0.07 ...
237.80 155.60 Alexander's ALX 7.8 12 229.80 +6.774.50 85.01 55.50 Berkley WRB .5 16 81.47 +6.15 .50
172.65 90.73 AlexandriaRlEst ARE 4.1 89 124.35 +1.00 1.27 582895 442363 BerkHathwy A BRK.A ... 11 582300 +25590 ... 26.00 16.40 BylineBancorp BY 1.6 8 22.49 –0.13 .09
119.71 66.63 Alibaba BABA 1.3 10 74.01 +4.59 1.00 385.73 292.42 BerkHathwy B BRK.B ... 11 385.40 +18.41 ... C
10.19 6.33 Alight ALIT ... dd 9.05 +0.54 ... 38,100 31.52 18.07 BerkshireHills BHLB 2.9 15 24.59 +0.99 .18
128.43 95.94 Allegion ALLE 1.4 20 124.87 +2.68 .45 69.94 53.83 BerryGlobal BERY 1.6 13 66.79 –0.21 .275 359.33 275.79 CACI Intl CACI ... 21 342.33 +6.50 ...
4.89 0.97 Allego ALLG ... dd 1.02 –0.04 ... 93.32 62.30 BestBuy BBY 4.9 13 74.82 +3.82 .92 58.10 29.05 CAVA CAVA ... dd 45.80 –0.45 ...
66.69 49.29 Allete ALE 4.6 14 59.01 +0.29.6775 37,980 39.27 13.71 Beyond BYON ... dd 22.75 –0.85 ... 1.49 0.58 CBD Pao CBD ... dd .81 –0.04 ...
42.00 25.83 AllianceBernstein AB 7.8 15 33.75 +0.18 .65 19.97 3.47 BigLots BIG .0 dd 6.11 –0.02 .30 65.49 45.40 CBIZ CBZ ... 27 65.13 +1.68 ...
61.53 41.61 AllisonTransm ALSN 1.5 9 60.26 +2.99 .23 6.77 1.16 BigBear.ai BBAI ... dd 1.81 +0.04 ... 27.38 19.90 CBL&Assoc CBL 6.3 dd 23.89 –0.72 .375
159.60 100.57 Allstate ALL 2.2 dd 158.37 +3.49 .89 1058.50 700.00 BiglariA BH.A ... 24 788.95 +29.95 ... 94.27 64.63 CBRE Group CBRE ... 46 86.27 +0.76 ...
10.94 2.63 AllurionTech ALUR ... dd 3.23 +0.14 ... (Previous Friday Close)
37,860 218.50 137.01 BiglariB BH ... 24 157.89 +6.49 ... 91.23 60.08 CF Industries CF 2.1 7 77.49 +2.50 .40
37.89 21.59 AllyFinancial ALLY 3.2 13 37.62 +2.05 .30 49.65 12.35 Biohaven BHVN ... dd 44.89 +0.54 ... 110.03 84.25 CGI A GIB ... 21 109.11 +0.63 ...
7.30 4.80 AlmacenesExito EXTO ... dd 6.91 –0.04 ... +138.01 -96.36 -99.06 +242.74 +60.30 509.62 261.59 Bio-RadLab A BIO ... dd 329.05 +22.43 ... 7.96 3.34 CI&T CINT ... 19 4.60 –0.22 ...
408.74 132.72 AlphaMetal AMR .5 8 386.05 –16.41 .50 37,740 52.12 35.83 Birkenstock BIRK ... cc 46.53 +0.21 ... 64.67 49.87 CMS Energy CMS 3.5 22 56.39 –0.05.4875
20.79 14.25 AlpineIncmProp PINE 6.9 32 15.97 +0.16 .275 73.98 46.43 BlackHills BKH 4.9 13 50.80 +0.57 .625 45.42 36.17 CNA Fin CNA 3.8 11 44.43 +1.10 .42
10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
20.60 8.76 AltaEquipment ALTG 2.1 51 11.07 +0.26 .057 5.75 2.84 BlackBerry BB ... dd 2.92 –0.51 ... 17.98 9.77 CNH Indl CNHI 3.3 7 11.93 +0.28.3823
10.90 10.00 AltC Acqn ALCC ... 57 10.75 +0.12 ... 819.00 596.18 BlackRock BLK 2.6 22 787.30 –18.14 5.10 28.39 19.95 CNO Financial CNO 2.1 11 27.95 +0.57 .15
38 BARRON’S January 29, 2024

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
23.68 14.36 CNX Resources CNX ... 2 20.56 +0.75 ... 2.14 0.99 ClearChannelOutdr CCO ... dd 1.91 +0.25 ... 768.41 395.91 DeckersOutdoor DECK ... 33 767.79 +18.54 ... 72.09 51.15 EncompassHealth EHC .8 21 71.68 +1.22 .15 12.89 10.05 FlameAcqnA FLME ... dd 12.16 +0.17 ...
114.30 49.35 CONSOL Energy CEIX 2.3 5 94.90 –6.02 1.10 35.00 15.28 ClearSecure YOU 1.8 cc 19.86 –0.07 .55 450.00 345.55 Deere DE 1.5 11 393.62 +10.90 1.47 95.00 44.62 Endava DAVA ... 47 74.09 –4.82 ... 296.50 185.04 FleetCorTech FLT ... 23 294.01 +11.15 ...
28.69 21.59 COPTDefenseProp CDP 4.7 dd 24.36 –0.49 .285 21.89 13.02 ClearwaterAnalytic CWAN ... dd 19.11 +0.46 ... 58.81 36.50 DelekLogistics DKL 9.3 13 45.47 +2.121.055 26.26 17.65 Endeavor EDR .9 dd 25.43 +0.86 .06 35.97 27.76 FlexLNG FLNG 9.8 12 30.60 +1.03 .75
71.12 45.79 CRH CRH 1.9 18 69.95 +0.09 1.08 40.08 29.22 ClearwaterPaper CLW ... 7 33.82 –0.28 ... 31.22 19.39 DelekUS DK 3.6 25 26.59 +2.18 .24 4.55 1.61 EndeavourSilver EXK ... 28 1.61 –0.10 ... 116.70 76.30 Floor&Decor FND ... 42 108.37 +1.01 ...
10.77 5.07 CS Disco LAW ... dd 8.43 +0.47 ... 32.73 17.47 ClearwayEnergyA CWEN.A 5.6 49 22.81 –0.06.3964 85.04 35.96 DellTechC DELL ... 23 84.22 +1.03 ... 3.90 2.12 EnelChile ENIC 10.0 3 2.99 +0.12.0276 7.98 2.90 FlotekIndustries FTK ... dd 3.10 +0.04 ...
20.10 15.63 CTO Realty CTO 9.0 dd 16.84 +0.16 .38 34.58 18.59 ClearwayEnergyC CWEN 6.1 53 24.63 +0.02.3964 49.81 30.60 DeltaAir DAL 1.0 6 39.63 +2.35 .10 8.36 3.94 Enerflex EFXT 1.3 dd 5.43 +0.36.0184 29.10 19.64 FlowersFoods FLO 4.0 36 22.83 +0.46 .23
49.59 35.50 CTS CTS .4 22 41.76 –0.25 .04 22.83 13.61 Cleveland-Cliffs CLF ... 28 18.42 +0.69 ... 21.97 13.61 Deluxe DLX 6.0 29 20.01 +0.63 .30 37.77 27.68 Energizer ENR 3.7 17 32.81 +1.07 .30 41.99 29.99 Flowserve FLS 2.0 22 40.49 –0.12 .20
48.87 15.09 C3.ai AI ... dd 25.12 +0.31 ... 7.25 4.40 ClipperRealty CLPR 7.5 dd 5.09 +0.04 .095 13.44 6.14 DesignerBrands DBI 2.3 6 8.66 +0.43 .05 14.48 11.45 EnergyTransfer ET 8.6 14 14.46 +0.67 .315 40.77 25.69 Fluor FLR ... 62 38.19 +1.25 ...
4.83 0.58 Curo CURO ... dd 1.04 +0.17 ... 178.21 114.69 Clorox CLX 3.3 cc 144.68 +2.46 1.20 2.55 0.57 DesktopMetal DM ... dd .63 –0.06 ... 5.23 1.35 EnergyVault NRGV ... dd 1.63 –0.11 ... 137.86 81.14 FomentoEconMex FMX 1.0 13 136.54 +2.891.0138
39.36 22.60 CVR Energy CVI 6.2 4 32.43 +2.43 1.50 87.17 39.90 Cloudflare NET ... dd 80.18 –1.17 ... 10.27 4.91 Despegar.com DESP ... dd 9.46 +0.61 ... 32.94 22.94 EnerpacTool EPAC .1 31 31.70 +1.76 .04 47.22 14.84 FootLocker FL 5.6 35 28.82 +2.43 .40
118.38 60.50 CVR Partners UAN 38.1 3 69.80 +3.12 1.55 4.10 1.48 CN Finance CNF ... 7 2.39 +0.12 ... 14.02 8.85 DeutscheBank DB ... 5 13.11 +0.10 ... 18.17 12.84 Enerplus ERF 1.4 5 14.60 +0.76.0607 15.42 9.63 FordMotor F 5.3 7 11.39 +0.19 .15
90.62 64.41 CVS Health CVS 3.6 11 73.00 –0.22 .665 64.99 51.55 Coca-Cola KO 3.1 24 59.37 –0.46 .46 66.96 40.51 DevonEnergy DVN 6.7 7 42.62 +1.65 .57 113.34 78.30 EnerSys ENS .9 17 96.98 –0.72 .225 38.73 13.72 Forestar FOR ... 9 32.63 –1.29 ...
861.89 506.18 CableOne CABO 2.1 46 572.87 +40.29 2.95 99.34 69.33 Coca-Cola Femsa KOF 3.2 17 91.92 +0.881.6528 190.02 135.63 Diageo DEO 2.7 18 144.54 +6.082.5088 12.32 7.37 Enfusion ENFN ... cc 8.43 –0.39 ... 4.02 1.10 ForgeGlobal FRGE ... dd 1.87 +0.02 ...
86.67 63.73 Cabot CBT 2.2 9 73.56 –1.22 .40 4.55 2.00 CoeurMining CDE ... dd 2.71 +0.11 ... 17.32 9.56 DiamondOffshore DO ... 30 12.76 +0.37 ... 16.64 7.12 Enhabit EHAB ... dd 10.63 +0.42 ... 46.28 36.30 Fortis FTS 4.3 17 39.73 –0.75 .435
57.00 31.37 Cactus WHD 1.1 18 42.08 +3.63 .12 78.87 50.05 Cohen&Steers CNS 3.2 27 70.61 +3.19 .57 10.02 7.14 Diamondrock DRH 1.3 24 9.33 –0.32 .03 23.17 18.94 Ennis EBF 4.8 12 20.78 +0.50 .25 79.90 62.70 Fortive FTV .4 32 73.97 +1.70 .08
18.91 16.52 Cadeler CDLR ... 14 17.90 –0.32 ... 60.46 26.29 Coherent COHR ... dd 47.31 +1.14 ... 4.85 2.82 DianaShipping DSX 20.2 5 3.09 +0.07 .15 59.00 35.30 EnovaIntl ENVA ... 10 58.58 +2.90 ... 4.20 2.58 FortunaSilver FSM ... dd 3.07 +0.05 ...
31.45 16.95 CadenceBank CADE 3.4 15 29.60 +0.66 .25 83.62 67.62 ColgatePalm CL 2.3 30 82.83 +2.45 .48 155.17 100.98 Dick's DKS 2.6 14 153.03 +6.54 1.00 66.71 43.04 Enovis ENOV ... dd 59.80 –0.04 ... 80.33 54.10 FortuneBrands FBIN 1.2 23 79.15 +1.31 .24
34.71 16.58 Cadre CDRE 1.0 36 33.89 +0.22.0875 10.20 9.16 ColombierAcqnIIA CLBR ... ... 10.14 +0.08 ... 31.77 16.50 DieboldNixdorf DBD ... 1 31.09 +0.19 ... 10.89 10.07 EnphysAcqnA NFYS ... 30 10.70 ... ... 33.84 19.20 ForumEnergyTech FET ... dd 21.25 +1.12 ...
25.04 18.89 CAE CAE ... 29 19.93 –0.86 ... 77.34 28.40 Comerica CMA 5.2 9 54.92 +2.32 .71 144.62 86.33 DigitalRealty DLR 3.4 50 143.20 +5.86 1.22 161.66 91.74 Enpro NPO .7 21 157.99 +8.14 .29 29.30 20.51 FourCornersProp FCPT 5.8 22 23.66 –0.48 .345
32.06 16.85 Caleres CAL .9 7 31.68 +2.13 .07 211.61 117.72 ComfortSystems FIX .5 26 207.35 +2.65 .25 20.57 9.99 DigitalBridge DBRG .2 dd 20.40 +2.09 .01 111.90 87.10 Entergy ETR 4.6 14 99.31 +0.23 1.13 161.25 102.29 Franco-Nevada FNV 1.3 31 108.19 +0.60 .34
58.44 34.02 CaliforniaRscs CRC 2.4 8 50.87 +0.31 .31 58.09 39.85 CommercialMetals CMC 1.2 8 51.75 +1.85 .16 51.69 19.39 DigitalOcean DOCN ... dd 33.00 –1.66 ... 27.95 24.66 EnterpriseProd EPD 7.5 11 27.41 +0.57 .515 14.92 11.08 FrankBSPRealty FBRT10.6 10 13.35 –0.10 .355
63.92 45.24 CalWtrSvc CWT 2.3 63 45.38 –1.92 .26 62.91 35.38 CommBkSys CBU 3.7 19 48.66 –0.66 .45 417.86 272.58 Dillard's DDS .2 9 403.29 +22.78 .25 7.33 3.35 Entravision EVC 4.8 cc 4.20 +0.20 .05 49.77 32.19 FranklinCovey FC ... 33 42.44 +0.94 ...
56.47 31.95 Calix CALX ... 63 42.95 –0.50 ... 8.01 2.01 CommunityHlthSys CYH ... 2 3.76 +0.07 ... 82.43 42.00 DineBrands DIN 4.4 10 46.09 +1.15 .51 69.22 33.12 Envestnet ENV ... dd 52.47 +1.74 ... 34.37 21.88 FranklinRscs BEN 4.5 16 27.59 –0.34 .31
44.49 28.62 CallonPetrol CPE ... 4 32.98 +1.91 ... 43.88 25.18 CommunityHlthcr CHCT 6.9 cc 26.25 –0.04 .455 6.62 1.07 Dingdong DDL ... dd 1.30 +0.07 ... 10.01 5.64 Enviri NVRI ... dd 8.85 +0.52 ... 45.54 32.83 FreeportMcM FCX 1.5 31 39.59 +0.82 .075
127.60 82.81 CamdenProperty CPT 4.2 46 95.75 –2.99 1.00 15.96 8.45 SABESP SBS 1.5 18 15.64 +0.19.2527 11.50 10.35 DirectSellingA DSAQ ... dd 10.93 +0.03 ... 43.29 20.00 Envista NVST ... 22 24.37 +0.67 ... 27.72 16.37 FreseniusMedCare FMS 2.1 19 20.07 +0.52.6181
51.22 23.69 Cameco CCJ ... cc 46.36 –0.63 ... 4.40 2.80 EngGr-Cmg C CIG.C 8.2 6 2.99 +0.01.1216 122.50 79.04 DiscoverFinSvcs DFS 2.6 10 106.92 +9.59 .70 48.68 0.33 Enviva EVA .0 dd .58 +0.18 .905 32.49 21.41 FreshDelMonte FDP 3.0 11 25.11 +0.11 .20
56.04 37.94 CampbellSoup CPB 3.3 17 44.50 +1.35 .37 2.75 1.92 EngGr-Cmg CIG 10.5 5 2.34 +0.04.1216 118.18 78.73 Disney DIS .6 74 95.36 +2.30 .30 2.74 1.00 EnzoBiochem ENZ ... dd 1.30 –0.06 ... 23.14 13.35 Frontline FRO 12.6 7 22.74 +0.50 .30
32.88 16.18 CampingWorld CWH 2.0 cc 25.27 –0.31 .125 8.91 4.92 COPEL ELP 3.0 ... 8.19 +0.09.1588 29.80 10.66 DiversifiedEnergy DEC ... 12 12.47 –0.90 ... 252.60 159.95 Equifax EFX .6 58 246.12 +0.78 .39 3.87 0.96 fuboTV FUBO ... dd 2.67 +0.07 ...
24.73 9.80 CanadaGoose GOOS ... 33 12.07 +0.58 ... 8.25 7.10 COPEL ELPC ... 13 7.43 +0.05 ... 91.02 75.87 DolbyLab DLB 1.4 41 84.15 –0.22 .30 34.73 25.23 Equinor EQNR 3.4 5 29.18 +0.85 .60 8.95 5.41 FullTruck YMM ... 28 6.70 +0.02 ...
48.92 34.35 CIBC CM 5.5 12 45.77 –0.15.6612 4.03 2.11 CiaSiderurgica SID 12.5 dd 3.67 +0.19.1175 14.01 10.42 Dole DOLE 2.8 8 11.54 –0.04 .08 34.80 21.89 Equitable EQH 2.7 10 33.14 +0.10 .22 83.64 62.57 FullerHB FUL 1.1 30 77.72 +0.97 .205
127.43 103.96 CanNtlRlwy CNI 2.0 20 123.94 –2.21.6268 17.74 10.82 CerveceriasUnid CCU 3.3 17 12.04 –0.03.1146 238.40 101.09 DollarGeneral DG 1.8 15 133.45 +1.23 .59 11.00 4.60 EquitransMdstm ETRN 5.7 15 10.61 +0.26 .15 10.31 5.27 FutureFuel FF 4.2 9 5.76 +0.17 .06
68.74 48.81 CanadianNatRscs CNQ 4.5 13 64.33 +1.35.7373 23.25 16.88 CompassDiversif CODI 4.4 dd 22.84 +1.27 .25 23.60 3.86 Doma DOMA ... dd 4.07 –0.15 ... 34.99 20.50 EquityBcshs EQBK 1.3 72 33.66 +1.12 .12
85.40 68.92 CdnPacKC CP .8 24 78.60 +0.09.1417 G
5.16 1.82 Compass COMP ... dd 3.60 +0.35 ... 63.68 39.18 DominionEner D 5.9 23 45.56 +0.24.6675 26.42 18.10 EquityCommnwlth EQC .0 27 19.06 –0.59 4.25
1.51 0.92 Cango CANG ... dd 1.13 +0.03 ... 47.68 18.88 CompassMinerals CMP 2.6 64 23.04 +1.88 .15 432.49 285.84 Domino's DPZ 1.2 29 419.12 –7.65 1.21 74.40 60.47 EquityLife ELS 2.7 42 66.73 –1.74.4475 133.01 97.21 GATX GATX 1.7 18 126.68 +9.35 .55
25.51 15.93 Cannae CNNE ... dd 20.50 +0.76 ... 13.49 7.74 ComstockRscs CRK 6.3 4 7.99 ... .125 66.96 57.05 Donaldson DCI 1.6 22 64.27 +0.17 .25 69.45 52.57 EquityResdntl EQR 4.5 33 59.16 –1.40.6625 12.42 6.94 GEO Group GEO ... 14 11.43 +0.50 ...
190.00 1.74 CanoHealth CANO ... dd 2.66 +0.66 ... 38.94 25.16 ConagraBrands CAG 4.7 14 29.62 +1.00 .35 64.70 35.71 DonnelleyFin DFIN ... 23 62.91 +1.16 ... 1.75 1.32 EquusTotReturn EQS ... 2 1.50 +0.05 ... 39.06 26.87 GFLEnvironmental GFL .2 dd 33.59 –0.12 .013
139.48 83.93 CapitalOne COF 1.7 12 138.72 +10.74 .60 10.90 10.03 ConcordAcqnIIA CNDA ... 42 10.44 –0.01 ... 49.54 18.30 DorianLPG LPG .0 6 39.33 –2.59 1.00 16.36 10.12 ErmenegildoZegna ZGN 1.0 32 11.34 +1.04 .109 85.39 50.93 GMS GMS ... 11 82.67 +0.02 ...
69.25 34.17 Capri CPRI ... 19 48.71 –1.51 ... 11.55 10.29 ConcordAcqnIII A CNDB ... cc 10.59 –0.01 ... 42.51 23.42 DoubleVerify DV ... cc 40.67 +0.85 ... 24.38 11.35 EroCopper ERO ... 18 15.30 +0.02 ... 5.59 1.86 GOL Linhas GOL ... 61 2.72 –0.08 ...
108.85 68.53 CardinalHealth CAH 1.9 cc 105.70 +0.22.5006 1.70 0.74 ConcordMed CCM ... dd .74 –0.25 ... 41.40 23.15 DouglasDynamics PLOW 4.1 24 28.70 +1.94 .295 55.99 36.53 EssentGroup ESNT 1.8 9 55.60 +0.39 .25
23.49 17.86 CareTrustREIT CTRE 5.2 52 21.53 –0.32 .28 40.34 33.20 GSK GSK 3.5 11 39.07 –0.61.3564
138.47 88.01 Conmed CNMD .9 50 92.04 –9.75 .20 5.02 1.57 DouglasElliman DOUG .0 dd 2.31 +0.08.0476 26.43 20.49 EssentialProp EPRT 4.6 21 24.72 –0.32 .285 67.57 43.57 GXO Logistics GXO ... 34 56.96 +1.19 ...
318.74 203.66 Carlisle CSL 1.1 21 309.05 +0.31 .85 127.35 91.53 ConocoPhillips COP 2.1 12 112.23 +4.36 .58 17.98 10.09 DouglasEmmett DEI 5.2 cc 14.63 +0.31 .19 48.84 32.07 EssentialUtil WTRG 3.4 20 36.59 –0.24.3071
87.50 55.77 CarMax KMX ... 22 70.11 +0.96 ... 254.00 174.45 Gallagher AJG 1.0 53 233.03 –5.76 .60
100.92 80.46 ConEd ED 3.7 13 90.02 +0.16 .83 160.66 127.25 Dover DOV 1.4 21 149.94 +1.85 .51 252.85 195.03 EssexProp ESS 3.9 29 236.41 –4.44 2.31 27.65 11.83 GameStop GME ... dd 14.49 –0.02 ...
19.74 8.37 Carnival CCL ... dd 15.83 –1.50 ... 273.65 210.15 ConstBrands A STZ 1.4 29 249.50 –4.45 .89 60.88 47.26 Dow DOW 5.2 66 54.06 +1.25 .70 283.62 102.22 EsteeLauder EL 2.0 86 130.80 +4.97 .66
17.95 7.65 Carnival CUK ... dd 14.48 –1.28 ... 3.60 1.62 Gannett GCI ... 19 2.59 +0.32 ...
20.68 13.40 Constellium CSTM ... 19 19.24 +0.63 ... 40.12 19.71 Doximity DOCS ... 50 29.04 –1.48 ... 36.20 24.76 EthanAllen ETD 4.7 10 30.40 +1.32 .36 5.49 2.22 GaotuTechedu GOTU ... 34 3.38 +0.10 ...
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

74.06 38.24 CarpenterTech CRS 1.3 22 63.41 –2.97 .20 5.80 1.50 ContainerStore TCS ... dd 1.64 +0.10 ... 73.17 52.24 DrReddy'sLab RDY .6 19 69.54 +1.65.4877 19.18 14.45 Euronav EURN12.9 5 17.68 +0.08 .57
35.99 18.06 CarriageSvcs CSV 1.8 13 25.31 +1.90.1125 22.08 7.22 Gap GPS 3.0 cc 19.74 +0.80 .15
15.05 5.52 Volaris VLRS ... dd 8.07 –0.18 ... 37.00 10.72 DreamFinders DFH ... 13 31.99 –1.05 ... 11.05 5.10 EveHolding EVEX ... dd 6.62 –0.15 ... 129.32 93.22 Garmin GRMN 2.3 23 124.74 –0.74 .73
60.04 40.28 CarrierGlobal CARR 1.4 39 55.51 –0.37 .19 14.50 11.00 Cool CLCO13.4 ... 12.24 +0.20 .41 35.95 19.89 Dril-Quip DRQ ... dd 22.16 +1.06 ... 11.91 6.21 Eventbrite EB ... dd 8.28 +0.49 ...
22.84 14.82 Cars.com CARS ... 10 17.96 +0.25 ... 471.44 292.60 Gartner IT ... 40 460.83 –4.05 ...
22.74 9.87 Cooper-Standard CPS ... dd 16.79 +0.07 ... 16.77 8.34 DuckhornPtf NAPA ... 16 8.88 +0.27 ... 177.86 104.36 EvercoreA EVR 1.7 22 173.89 +2.05 .76 14.93 10.68 GatesIndustrial GTES ... 14 13.11 +0.04 ...
86.76 60.66 Carter's CRI 3.9 14 76.31 +3.11 .75 121.20 78.12 Copa CPA 3.3 ... 99.98 +9.69 .82 58.28 40.24 Ducommun DCO ... 35 50.64 +1.45 ... 11.91 10.31 EverestConsolA MNTN ... dd 10.92 –0.05 ...
62.59 6.33 Carvana CVNA ... dd 41.80 –3.12 ... 7.49 3.51 GatosSilver GATO ... dd 6.33 +0.35 ...
42.30 20.30 Core&Main CNM ... 19 40.55 –0.49 ... 103.83 83.06 DukeEnergy DUK 4.3 61 95.87 +0.311.025 417.92 331.08 Everest EG 1.8 7 379.75 +5.91 1.75 19.84 12.39 GencoShipping GNK 3.4 71 17.81 +0.71 .15
74.49 31.45 Catalent CTLT ... dd 52.23 +3.02 ... 27.95 14.91 CoreLabs CLB .2 19 16.82 +1.40 .01 15.45 8.68 Dun&Bradstreet DNB 1.7 dd 11.97 +0.35 .05 19.85 9.94 Everi EVRI ... 9 10.53 +0.06 ...
303.31 204.04 Caterpillar CAT 1.7 17 299.43 +14.15 1.30 156.95 79.86 Generac GNRC ... 45 114.69 –2.13 ...
25.02 14.01 CorebridgeFin CRBG 3.7 9 24.68 +0.40 .23 78.74 62.80 DuPont DD 2.2 7 64.67 –9.01 .36 84.00 52.03 EversourceEner ES 4.9 17 55.12 +1.71 .675 267.97 202.35 GeneralDynamics GD 2.0 22 265.07 +15.73 1.32
10.45 6.54 Cato CATO 9.8 dd 6.93 –0.26 .17 35.48 11.56 CoreCard CCRD ... 26 12.06 +0.28 ... 41.44 22.67 DutchBros BROS ... cc 27.50 –0.72 ... 42.03 31.55 Evertec EVTC .5 27 40.52 +1.37 .05
632.40 3.72 Cazoo CZOO ... dd 3.96 –0.22 ... 132.50 79.47 GeneralElec GE .2 16 131.19 +1.38 .08
15.12 7.84 CoreCivic CXW ... 26 14.54 +0.75 ... 117.25 77.33 DycomInds DY ... 16 115.18 +1.27 ... 36.70 23.33 EvolentHealth EVH ... dd 30.26 +0.05 ... 90.89 60.33 GeneralMills GIS 3.7 16 64.51 +1.36 .59
47.95 34.04 CedarFairRec FUN 3.0 14 39.86 +0.36 .30 37.10 25.26 Corning GLW 3.6 45 30.86 +0.42 .28 3.25 2.31 DynagasLNG DLNG ... 3 2.75 –0.12 ... 24.15 13.67 ExcelerateEner EE .6 18 15.54 +0.63 .025
159.06 97.12 Celanese CE 1.9 8 146.14 +1.01 .70 43.63 26.30 GeneralMotors GM 1.0 5 35.18 –0.33 .09
40.42 28.96 Vesta VTMX 1.5 9 38.72 +1.10.1444 59.38 37.21 Dynatrace DT ... cc 58.26 +0.36 ... 131.17 102.89 ExpeditorsIntl EXPD 1.1 25 129.93 +2.50 .69 11.20 10.13 GenAsia I A GAQ ... 36 10.96 ... ...
32.54 10.50 Celestica CLS ... 19 31.99 +1.09 ... 16.90 8.63 CorpAmAirports CAAP ... 12 15.88 –0.09 ... 15.00 9.57 DynexCapital DX 12.3 72 12.69 +0.06 .13 29.40 7.00 Express EXPR ... 0 7.20 –0.25 ... 51.04 17.31 Genesco GCO ... dd 28.76 +1.84 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

5.60 4.65 CementosPacasm CPAC ... 10 5.20 +0.12 ... 65.21 43.22 Corteva CTVA 1.4 35 45.86 +0.26 .16 25.04 14.33 Expro XPRO ... cc 18.07 +0.97 ...
8.46 4.72 Cemex CX ... 26 8.24 +0.78 ... E 12.78 8.05 GenesisEnergy GEL 5.1 27 11.86 +0.40 .15
17.51 10.13 Cosan CSAN ... dd 15.12 +0.44 ... 170.30 101.19 ExtraSpaceSt EXR 4.4 27 147.47 +0.71 1.62 30.90 8.28 GenieEnergy GNE 1.5 9 19.47 –0.02 .075
221.31 147.48 Cencora COR .9 26 217.68 –0.60 .51 11.85 7.71 Costamare CMRE 4.2 3 10.88 –0.09 .115 120.70 95.77 ExxonMobil XOM 3.7 10 103.00 +6.05 .95
21.37 14.69 CenovusEnergy CVE 2.0 10 16.20 +1.28.1035 164.71 56.48 elfBeauty ELF ... 74 157.14 –0.65 ... 8.45 3.55 GeniusSports GENI ... dd 6.70 +0.62 ...
29.89 22.25 CoterraEnergy CTRA 3.2 9 25.29 +0.91 .20 227.84 143.85 EMCOR EME .3 20 224.21 +5.33 .18 48.58 29.41 Genpact G 1.5 16 36.30 +0.94.1375
79.83 60.83 Centene CNC ... 17 73.77 –0.38 ... F
13.46 9.02 Coty COTY ... 29 12.16 +0.06 ... 34.30 25.10 ENI E ... 10 32.34 +0.81 ... 181.37 126.35 GenuineParts GPC 2.7 16 142.63 +0.54 .95
31.44 25.42 CenterPointEner CNP 2.9 22 27.57 –0.20 .20 19.99 12.67 Coupang CPNG ... 61 14.53 –0.41 ...
7.71 4.51 CenterraGold CGAU 3.8 dd 5.39 +0.01.0522 137.95 98.52 EOG Rscs EOG 3.2 9 115.54 +5.37 .91 48.14 14.76 F&GAnnuities FG 1.7 41 46.59 +2.93 .21 6.93 4.51 GenworthFin GNW ... 8 6.36 +0.19 ...
21.26 9.91 Coursera COUR ... dd 19.86 +2.30 ... 385.96 197.99 EPAM Systems EPAM ... 36 288.36 –11.66 ... 41.00 24.34 FB Financial FBK 1.6 15 38.47 +1.00 .15 16.16 8.05 GeoPark GPRK 5.7 4 9.35 +0.58 .134
71.97 46.74 Centerspace CSR 5.2 25 55.80 –1.00 .73
28.66 17.40 CousinsProperties CUZ 5.5 40 23.20 –0.22 .32 49.10 33.92 EPR Prop EPR 7.3 23 45.14 +0.08 .275 10.20 5.16 Figs FIGS ... 69 6.11 +0.19 ... 6.24 4.15 Gerdau GGB .6 5 4.44 +0.15.0962
8.99 5.67 CentraisElBras EBR .5 30 8.34 –0.16.0443
119.72 67.28 Crane CR .6 ... 113.00 –5.12 .18 45.23 28.11 EQT EQT 1.8 5 35.88 +0.55.1575 133.37 49.49 FMC FMC 4.0 15 58.35 +2.70 .58 0.81 0.14 Getaround GETR ... dd .28 +0.10 ...
24.55 13.22 CentralPacFin CPF 5.3 8 19.61 +0.60 .26
63.36 36.31 CraneNXT CXT 1.0 11 58.02 +0.62 .14 88.39 54.49 ESAB ESAB .3 24 86.34 –1.00 .06 14.68 10.09 FNB FNB 3.5 11 13.84 +0.52 .12 8.22 3.42 GettyImages GETY ... dd 4.63 +0.45 ...
9.67 4.69 CentralPuerto CEPU ... 29 9.49 +0.40 ...
13.68 5.35 CrawfordA CRD.A 2.2 37 12.82 +0.07 .07 118.60 85.50 ESCO Tech ESE .3 29 103.20 +1.08 .08 10.10 1.25 FreyrBattery FREY ... dd 1.32 ... ... 36.49 25.95 GettyRealty GTY 6.5 20 27.78 –0.08 .45
92.14 56.22 CenturyComm CCS 1.1 11 86.46 –2.02 .23
13.51 5.39 Crawford B CRD.B 2.3 36 12.25 +0.11 .07 2.57 0.75 ESSTech GWH ... dd 1.12 +0.14 ... 20.99 17.07 FS KKR Cap FSK 12.4 9 20.68 +0.06 .05 37.65 26.98 Gildan GIL 2.2 13 33.36 +1.26 .186
79.66 55.62 CeridianHCM CDAY ... cc 68.20 +1.94 ...
160.15 116.42 Credicorp BAP ... 9 150.68 +1.74 ... 7.21 2.15 E2open ETWO ... dd 3.83 +0.19 ... 232.15 156.13 FTI Consulting FCN ... 29 197.25 –3.07 ... 2.55 1.12 GinkgoBioworks DNA ... dd 1.29 +0.08 ...
13.65 1.56 ChargePoint CHPT ... dd 1.94 +0.20 ...
14.22 9.17 CrescentEnergy CRGY 4.6 14 11.50 +0.54 .12 67.09 39.15 EagleBulkShip EGLE .7 25 55.95 +0.89 .10 211.69 90.19 Fabrinet FN ... 31 209.03 +7.07 ... 48.65 26.77 GlacierBancorp GBCI 3.1 21 41.92 +0.89 .33
262.00 161.65 CharlesRiverLabs CRL ... 24 220.28 +8.25 ...
8.59 5.59 CrescentPoint CPG 4.5 dd 6.60 +0.16 .072 216.99 129.76 EagleMaterials EXP .5 15 215.91 +11.46 .25 478.60 377.89 FactSet FDS .8 38 470.67 +7.22 .98 4.87 1.30 Glatfelter GLT ... dd 1.61 +0.25 ...
184.65 101.44 ChartIndustries GTLS ... dd 110.53 –15.33 ...
30.40 13.51 CrossTimbers CRT 9.5 9 18.23 +1.46.1153 16.79 10.27 EasterlyGovtProp DEA 8.3 39 12.72 –0.27 .265 1307.14 617.35 FairIsaac FICO ... 67 1196.36 –63.85 ... 94.12 44.26 Glaukos GKOS ... dd 92.52 +1.23 ...
14.38 8.92 ChathamLodging CLDT 2.6 cc 10.91 +0.28 .07
153.98 84.72 CrownCastle CCI 5.8 31 108.60 +0.631.565 188.85 152.45 EastGroup EGP 2.8 45 178.97 –2.59 1.27 13.32 9.44 FarmlandPtrs FPI 2.1 38 11.42 –0.03 .06 7.60 4.01 GlobalBlue GB ... 91 4.63 –0.05 ...
3.58 1.64 CheetahMobile CMCM ... dd 2.11 –0.04 ...
96.35 75.61 Crown Holdings CCK 1.1 21 91.04 +0.40 .24 92.21 68.89 EastmanChem EMN 3.8 17 84.92 –1.83 .81 24.31 9.72 Fastly FSLY ... dd 20.59 +1.83 ... 8.05 4.76 GlblBusTravel GBTG ... dd 5.75 +0.17 ...
22.02 7.32 Chegg CHGG ... dd 10.33 +0.49 ...
10.75 9.87 CrownPropA CPTK ... 28 10.75 +0.06 ... 6.34 3.17 EastmanKodak KODK ... 6 3.62 +0.11 ... 29.40 2.99 FathomDigital FATH ... dd 4.41 –0.06 ... 37.00 25.21 GlobalIndemnity GBLI 3.4 19 29.78 –0.19 .25
610.35 490.87 Chemed CHE .3 37 591.53 –2.88 .40
48.93 33.17 CubeSmart CUBE 4.6 27 44.68 –0.66 .51 247.55 155.38 Eaton ETN 1.4 33 245.89 +1.29 .86 159.49 100.61 FedAgriMtg A AGM.A 2.9 10 151.89 +10.88 1.10 41.93 20.52 GlobalIndl GIC 2.0 22 40.34 +2.02 .20
39.05 22.88 Chemours CC 3.2 dd 31.29 +2.07 .25
134.33 82.25 Cullen/Frost CFR 3.4 12 107.35 +1.25 .92 202.48 143.91 Ecolab ECL 1.1 46 198.49 –1.38 .57 198.17 122.10 FedAgriMtg C AGM 2.3 12 189.17 +3.54 1.10 11.79 8.04 GlobalMedREIT GMRE 8.2 42 10.25 –0.03 .21
7.24 2.77 CherryHillMtg CHMI15.5 dd 3.87 +0.04 .15
5.99 4.20 Culp CULP ... dd 5.10 –0.09 ... 13.14 8.59 Ecopetrol EC 18.8 5 12.29 +0.62.1479 115.08 85.27 FederalRealty FRT 4.2 30 103.60 +2.98 1.09 15.28 7.56 GlobalNetLease GNL 16.0 dd 8.87 +0.01 .354
132.91 83.80 ChesapeakeUtil CPK 2.3 21 101.85 +1.11 .59
265.28 203.18 Cummins CMI 2.8 12 240.63 +11.42 1.68 12.35 8.26 Ecovyst ECVT ... 18 9.49 +0.58 ... 78.54 49.50 FederalSignal FSS .5 32 77.10 +2.88 .10 46.92 27.07 GlobalPtrs GLP 6.0 12 46.36 +2.55 .70
184.23 139.62 Chevron CVX 4.0 11 149.14 +6.90 1.51
227.73 157.72 Curtiss-Wright CW .4 25 225.73 +2.96 .20 46.13 33.71 EdgewellPersonal EPC 1.6 17 37.73 +0.23 .15 45.55 30.23 FederatedHermes FHI 3.2 10 35.12 –0.28 .28 138.07 94.05 GlobalPayments GPN .7 40 133.90 +4.44 .25
52.88 16.53 Chewy CHWY ... cc 19.38 +0.03 ...
15.63 6.24 Cushman&Wkfd CWK ... dd 10.33 +0.32 ... 74.92 58.82 EdisonIntl EIX 4.6 21 67.50 –0.79 .78 285.53 183.59 FedEx FDX 2.0 17 251.55 +5.02 1.26 21.94 16.80 GlobalShipLease GSL 7.0 3 21.55 +0.43 .375
7.81 4.45 ChimeraInvt CIM 8.7 10 5.03 +0.09 .11
7.64 4.42 CustomTruck CTOS ... 25 6.53 +0.15 ... 94.87 60.57 EdwardsLife EW ... 31 73.24 –1.07 ... 194.13 123.17 Ferguson FERG 1.7 21 187.92 –1.69 .79 250.39 135.41 Globant GLOB ... 66 238.01 +6.45 ...
4.45 1.61 ChinaGreenAg CGA ... dd 2.51 +0.39 ...
60.09 6.87 CustomersBancorp CUBI ... 7 54.43 +2.65 ... 15.94 7.88 ElancoAnimal ELAN ... dd 15.18 +0.58 ... 372.42 246.51 Ferrari RACE .6 49 340.17 –9.241.9963 125.02 102.23 GlobeLife GL .7 13 123.76 +1.95 .225
12.50 6.92 ChinaYuchai CYD 3.3 8 8.58 –0.22 .28
2352.76 1470.05 Chipotle CMG ... 55 2326.25 –8.35 ... D 125.83 50.21 Elastic ESTC ... dd 117.64 –2.69 ... 15.30 11.55 FidelisInsurance FIHL ... ... 12.72 +0.23 ... 80.04 43.39 GlobusMedical GMED ... 35 53.75 –2.77 ...
136.02 109.19 ChoiceHotels CHH .9 22 121.56 +4.56.2875 13.71 8.12 EldoradoGold EGO ... dd 12.20 –0.44 ... 51.48 31.84 FidNatlFinl FNF 3.8 21 49.98 +1.10 .48 109.75 67.44 GoDaddy GDDY ... 46 107.75 –0.29 ...
244.34 183.40 Chubb CB 1.4 14 241.24 +3.92 .86 6.31 1.97 DHI Group DHX ... 31 2.54 +0.24 ... 23.75 17.08 ElementSolns ESI 1.4 cc 22.52 –0.46 .08 79.32 46.91 FidNatlInfo FIS 3.3 dd 63.51 +3.65 .52 17.78 8.89 GoldFields GFI 2.3 19 14.02 +1.37.1717
41.58 35.45 ChunghwaTel CHT 3.0 25 38.58 +0.671.4779 12.13 7.30 DHT DHT 10.3 10 11.16 +0.18 .19 508.78 412.00 ElevanceHealth ELV 1.2 19 483.80 +19.19 1.48 2.25 0.68 FinanceofAm FOA ... dd .97 +0.03 ... 16.52 12.75 GoldmanSachsBDC GSBD11.7 11 15.34 +0.43 .45
100.52 78.63 Church&Dwight CHD 1.1 57 99.12 +2.19.2725 14.86 8.83 DNOW DNOW ... 9 10.11 +0.48 ... 14.42 10.82 EllingtonFin EFC 14.0 12 12.90 +0.05 .15 6.05 3.55 FinVolution FINV 4.1 4 4.76 +0.13 .215 392.73 289.36 GoldmanSachs GS 2.9 17 377.79 –4.41 2.75
10.80 10.02 ChurchillVII A CVII ... cc 10.55 –0.03 ... 13.85 6.75 DRDGOLD DRD 4.5 9 7.77 +0.36.3463 8.15 5.09 EllingtonResiMtg EARN15.5 16 6.19 +0.08 .08 65.55 49.55 FirstAmerFin FAF 3.5 27 60.61 +0.29 .53 36.69 22.92 Gorman-Rupp GRC 2.1 31 33.80 +1.25 .18
54.25 39.94 Ciena CIEN ... 30 51.42 –1.09 ... 117.19 90.14 DTE Energy DTE 3.9 17 103.59 –0.93 1.02 19.82 12.44 ElmeComms ELME 4.9 dd 14.84 +0.24 .18 17.23 10.18 FirstBanCorp FBP 3.3 10 17.20 +1.46 .14 87.94 66.17 Graco GGG 1.2 28 84.75 –0.25 .255
319.92 240.50 Cigna CI 1.7 17 297.82 –4.24 1.23 58.30 45.11 DT Midstream DTM 5.0 15 54.67 +0.93 .69 13.50 8.63 EmbotellAndinaA AKO.A 6.9 10 11.67 –1.01.1646 16.53 11.16 FirstCmwlthFin FCF 3.4 10 14.78 +0.28 .125 6.74 1.48 GrafTechIntl EAF 2.6 31 1.53 +0.03 .01
19.85 11.06 Cinemark CNK ... 26 14.26 +0.01 ... 3.20 0.40 D-WaveQuantum QBTS ... dd .82 +0.14 ... 17.66 11.49 EmbotellAndinaB AKO.B 6.2 12 14.25 –0.38 .181 16.70 3.69 FirstFoundation FFWM .4 dd 10.36 –0.04 .01 21.00 9.49 Graham GHM ... 75 20.44 +0.94 ...
54.75 38.17 Citigroup C 4.0 13 53.67 +2.15 .53 30.27 18.61 DXC Tech DXC ... dd 23.23 +0.23 ... 20.13 12.11 Embraer ERJ ... dd 18.18 +0.86 ... 24.90 8.99 FirstHorizon FHN 4.1 10 14.66 +0.58 .15 748.80 545.00 GrahamHoldings GHC .9 22 737.04 +28.67 1.72
44.82 22.77 CitizensFin CFG 5.0 11 33.59 +1.00 .42 19.75 11.10 Dana DAN 2.9 dd 13.67 +0.55 .10 6.42 3.26 EmeraldHldg EEX ... dd 6.19 +0.05 ... 55.51 40.44 FirstIndRlty FR 2.4 26 52.33 –1.39 .32 883.41 565.22 Grainger GWW .8 25 883.24 +19.24 1.86
4.00 1.64 Citizens CIA ... 9 2.88 +0.22 ... 242.19 182.09 Danaher DHR .4 29 233.00 +1.95 .27 5.43 1.94 Emeren SOL ... 36 1.95 –0.09 ... 8.39 4.38 FirstMajSilver AG .4 dd 4.86 +0.15.0046 52.24 33.74 GraniteConstr GVA 1.2 76 44.98 –0.33 .13
10.24 3.46 CityOfficeREIT CIO 7.2 dd 5.58 +0.04 .10 80.39 51.19 Danaos DAC 4.1 3 77.13 +1.55 .80 16.66 1.80 EmergentBiosol EBS ... dd 1.82 –0.01 ... 41.99 32.18 FirstEnergy FE 4.5 40 36.38 –0.63 .41 7.07 3.97 GranitePointMtg GPMT13.4 dd 5.97 +0.29 .20
36.88 17.87 Civeo CVEO 4.4 dd 22.80 +0.87 .25 4.59 0.62 DanimerScientific DNMR ... dd .68 –0.03 ... 100.62 76.94 EmersonElec EMR 2.2 dd 95.06 +0.15 .525 5.30 0.65 FiscalNote NOTE ... dd 1.09 +0.19 ... 8.14 4.82 GraniteRidge GRNT 7.9 4 5.60 +0.31 .11
86.58 58.44 CivitasRscs CIVI 3.1 7 65.54 +1.18 1.09 55.60 19.17 DaqoNewEnergy DQ ... 2 19.18 –1.20 ... 10.32 5.39 EmpireStateRealty ESRT 1.4 31 10.15 +0.09 .035 141.75 103.99 Fiserv FI ... 30 141.34 +2.32 ... 27.56 20.07 GraphicPkg GPK 1.5 12 25.95 +0.71 .10
11.99 6.07 Clarivate CLVT ... 40 8.94 –0.28 ... 173.06 133.36 Darden DRI 3.2 19 160.99 +1.75 1.31 46.12 35.43 EmployersHldgs EIG 2.7 9 41.41 +0.47 .28 8.66 0.73 Fisker FSR ... dd .80 +0.01 ... 14.40 5.97 GrayTelevision GTN 3.2 13 9.92 +1.00 .08
16.98 9.60 ClarosMtg CMTG 9.9 dd 12.56 +0.02 .25 71.60 38.97 DarlingIngred DAR ... 10 44.15 +0.60 ... 21.80 6.52 EmpresaDisCom EDN ... 5 20.05 +0.33 ... 3.74 2.03 FivePoint FPH ... 9 3.35 +0.28 ... 14.05 6.24 GrayTelevision A GTN.A 3.5 12 9.04 +0.44 .08
179.49 125.57 CleanHarbors CLH ... 25 169.13 –0.64 ... 116.97 71.51 DaVita DVA ... 17 107.17 +2.41 ... 41.14 31.03 Enbridge ENB 7.6 32 35.91 –0.07.6731 47.66 20.04 FiverrIntl FVRR ... dd 26.51 +0.51 ... 9.24 4.08 GreatAjax AJX 8.3 dd 5.32 –0.02 .11
January 29, 2024 BARRON’S 39

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

NYSE Cumulative Daily Breadth vs DJIA


59.30 29.32 GreenBrickPtrs GRBK ... 9 50.88 –0.01 ... 10.92 4.73 LendingClub LC ... 18 8.90 +0.95 ... 92.02 68.84 Medtronic MDT 3.2 28 86.54 +0.05 .69
21.37 7.30 GreenDot GDOT ... 13 9.39 +0.59 ... 156.01 94.11 Lennar A LEN 1.3 11 148.38 –3.43 .50 121.02 99.14 Merck MRK 2.5 67 120.82 +1.93 .77
50.76 25.41 Greenbrier GBX 2.6 14 46.16 +1.75 .30 142.89 79.25 Lennar B LEN.B 1.5 10 136.01 –3.69 .50 41.90 26.15 MercuryGeneral MCY 3.1 dd 41.37 +0.72.3175
12.49 4.72 GreenfireResources GFR ... 52 5.50 –0.43 ... 458.13 232.00 LennoxIntl LII 1.0 29 444.25 +0.20 1.10 25.88 13.62 MeridianLink MLNK ... dd 23.56 +0.81 ...
6.78 3.01 GreenTree GHG ... ... 3.24 +0.05 ... All In: NYSE Composite breadth rose for a third week as the S&P 500 19.36 12.42 LeviStrauss LEVI 3.0 26 15.95 +0.35 .12 179.69 103.26 MeritageHomes MTH .7 8 165.43 –8.58 .27
84.87 62.07 Greif B GEF.B 4.7 8 65.12 +1.19 .77 6.58 0.35 Li-Cycle LICY ... dd .44 +0.04 ... 29.50 10.80 MesaRoyalty MTR 17.8 6 10.88 –0.58.0252
76.00 57.38 Greif A GEF 3.2 10 64.29 +0.92 .52 narrowly missed closing Friday at a record high. Winning stocks out- 21.25 11.18 LibertyEnergy LBRT 1.4 6 19.70 +2.47 .07 29.00 17.13 MesabiTrust MSB 7.1 24 20.40 –0.31 .37
19.04 14.50 GreystoneHousing GHI 8.8 9 16.85 +0.55 .37 paced losers by 5 to 2. 22.41 11.10 LifeTime LTH ... 43 13.97 –0.18 ... 1.70 0.80 MetaData AIU ... 0 1.00 –0.04 ...
62.45 25.97 Griffon GFF 1.0 43 60.10 +1.35 .15 19.92 5.42 LifezoneMetals LZM ... cc 5.64 –0.56 ... 13.11 8.49 MetalsAcqn MTAL ... dd 12.46 +0.66 ...
9.12 4.49 Grindr GRND ... dd 9.00 +0.36 ... Breadth DJIA 1.88 0.97 LightInTheBox LITB ... dd 1.06 +0.01 ... 51.38 20.09 MethodeElec MEI 2.6 dd 21.28 +0.42 .14
310.08 194.33 Group1Auto GPI .7 6 274.50 +0.58 .45 21.71 12.23 Lightspeed LSPD ... dd 18.80 +0.19 ... 73.28 48.95 MetLife MET 2.9 26 70.88 +1.99 .52
4.40 1.46 GroveCollab GROV ... dd 1.70 –0.16 ...
601,000 38,300 647.73 309.20 EliLilly LLY .8 cc 639.25 +10.67 1.30 61.02 13.98 MetropolitanBk MCB ... 7 50.25 +4.31 ...
200.85 107.25 GpoAeroportuar PAC 4.8 16 158.43 +3.431.943 Breadth 599,579 36.50 18.50 LincolnNational LNC 6.3 12 28.39 +0.89 .45 1615.97 928.50 Mettler-Toledo MTD ... 31 1217.47 +17.47 ...
314.48 165.00 GpoAeroportSur ASR 1.7 16 292.16 +13.005.727 596,400 37,000 159.49 106.46 Lindsay LNN 1.0 21 133.35 +3.73 .35 176.36 115.56 MidAmApt MAA 4.5 26 130.84 –4.40 1.47
2.71 2.02 GpoAvalAcc AVAL 6.5 41 2.56 –0.10.0184 2.85 1.50 LionElectric LEV ... dd 1.78 +0.01 ... 43.50 26.88 MillerIndustries MLR 1.7 9 41.19 +1.85 .18
4.78 1.76 GpoSupervielle SUPV ... 9 4.53 +0.47 ... 591,800 35,700 12.09 6.93 LionsGate A LGF.A ... dd 10.62 –0.04 ... 73.57 48.61 MineralsTechs MTX .6 33 66.07 +0.63 .10
6.57 2.10 GrupoTelevisa TV 2.5 dd 3.18 +0.37.0985 11.33 6.63 LionsGate B LGF.B ... dd 9.92 –0.05 ... 10.52 6.70 MirionTech MIR ... dd 9.54 +0.04 ...
35.00 22.12 GuarantyBcshrs GNTY 2.8 13 33.01 –0.73 .23 331.96 203.65 LithiaMotors LAD .7 8 298.44 +1.70 .50 10.79 4.80 MisterCarWash MCW ... 34 8.95 +0.36 ...
24.84 17.21 Guess GES 5.2 9 23.08 +0.52 .30 587,200 34,400 9.80 4.34 LithiumAmArg LAAC ... dd 4.71 +0.14 ... 8.31 4.96 MistrasGroup MG ... dd 7.91 +0.21 ...
117.25 68.45 Guidewire GWRE ... dd 111.10 –4.15 ... 12.38 4.27 LithiumAmericas LAC ... dd 4.61 +0.07 ... 9.45 5.99 MitsubishiUFJ MUFG 2.2 8 9.21 +0.37.1394
14.89 9.45 GuildHldgs GHLD .0 23 14.23 +0.23 .50 582,600 33,100 101.74 64.25 LiveNationEnt LYV ... 62 89.29 –1.89 ... 9.29 4.75 MiX Telematics MIXT 2.0 28 8.69 –0.41.0609
140.83 60.15 GulfportEnergy GPOR ... 2 131.04 +4.59 ... 47.22 17.31 LiveOakBcshs LOB .3 24 39.73 –1.11 .03 3.72 2.70 MizuhoFin MFG 2.7 10 3.58 +0.10.0678
578,000 31,800 42.66 20.26 LiveRamp RAMP ... dd 40.41 +0.04 ... 2.10 0.83 Moatable MTBL ... ... .93 –0.06 ...
H
12.50 5.65 LiveWire LVWR ... dd 11.35 +0.03 ... 42.93 20.90 ModelN MODN ... dd 27.68 –0.10 ...
F M A M J J A S O N D J 2.63 1.88 LloydsBanking LYG 5.8 ... 2.12 –0.07.046 69.90 19.41 ModineMfg MOD ... 16 62.83 –3.52 ...
304.86 215.96 HCA Healthcare HCA .8 14 283.43 –4.34 .60
In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is 3.71 1.14 loanDepot LDI ... dd 3.00 +0.34 ... 17.65 9.24 ModivIndl MDV 7.7 dd 15.02 +1.07.0958
96.00 48.08 HCI Group HCI 1.7 21 92.26 +3.89 .40 added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we
71.39 53.47 HDFC Bank HDB 1.0 17 56.61 +0.77.6968 14.64 1.17 LocalBounti LOCL ... dd 2.22 +0.32 ... 58.67 33.87 Moelis MC 4.3 cc 55.39 +1.51 .60
plot. Dec. 31, 1985 =1000.
62.20 37.12 HF Sinclair DINO 3.3 5 55.26 +2.75 .45 508.10 393.77 LockheedMartin LMT 2.9 16 429.91 –27.85 3.15 130.63 76.02 MohawkInds MHK ... dd 100.97 +1.04 ...
11.30 10.16 HH&L Acqn HHLA ... dd 10.78 ... ... 73.64 52.85 Loews L .3 13 72.78 +0.58.0625 391.21 256.19 MolinaHealthcare MOH ... 22 353.61 –11.90 ...
43.22 24.61 HNI HNI 3.1 44 41.36 +0.75 .32 7.50 5.64 LomaNegra LOMA17.1 8 7.18 +0.29.4648 79.98 55.16 MolsonCoorsA TAP.A 2.6 55 63.24 –0.26 .41
–52-Week– Tick Div –52-Week– Tick Div 79.56 49.47 LouisianaPacific LPX 1.5 43 65.92 –1.81 .24 70.90 49.32 MolsonCoorsB TAP 2.6 54 62.74 +0.25 .41
33.90 25.22 HP HPQ 3.7 9 30.00 +0.88.2756 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
42.47 32.41 HSBC HSBC 6.6 6 39.65 +1.66 .50 237.21 181.85 Lowe's LOW 2.1 16 211.98 –8.03 1.10 66.98 7.50 MoneyLion ML ... dd 48.83 +0.14 ...
35.18 21.64 IDT IDT ... 24 35.04 +1.99 ...
6.50 2.15 HUYA HUYA ... dd 3.19 –0.21 ... K 13.28 2.11 LufaxHolding LU 3.2 10 2.44 +0.20 .156 55.00 21.96 MontroseEnvl MEG ... dd 30.50 +2.24 ...
10.13 3.92 IHS Holding IHS ... dd 4.06 –0.12 ...
95.26 74.13 Haemonetics HAE ... 33 81.30 –2.66 ... 5.78 0.78 LumenTech LUMN ... dd 1.40 +0.08 ... 396.91 278.23 Moody's MCO .8 47 389.29 +2.45 .77
15.22 11.00 ING Groep ING 5.3 ... 14.28 +0.29.3809 47.25 35.20 KB Financial KB 4.5 5 40.33 +2.82.3905
10.42 7.52 Hagerty HGTY ... dd 8.04 +0.09 ... 2.54 1.53 LumentFinance LFT 11.0 11 2.54 +0.04 .07 147.91 87.84 Moog A MOG.A .7 27 144.44 +2.47 .27
3.53 0.83 INNOVATE VATE ... dd 1.01 –0.05 ... 64.00 33.92 KB Home KBH 1.3 8 59.50 –1.83 .20
9.05 7.49 Haleon HLN 1.3 28 8.17 –0.32.046 17.83 7.88 Luxfer LXFR 6.3 38 8.23 +0.17 .13 145.48 90.29 Moog B MOG.B .8 26 140.76 –0.11 .27
20.56 12.48 Invesco IVZ 4.9 dd 16.21 –0.88 .20 65.87 49.37 KBR KBR 1.0 dd 52.53 –0.90 .135
43.85 27.84 Halliburton HAL 1.8 13 37.53 +3.56 .17 102.05 81.24 LyondellBasell LYB 5.2 14 95.43 +2.04 1.25 100.99 69.42 MorganStanley MS 3.9 17 87.73 +2.39 .85
241.86 167.42 IQVIA IQV ... 36 216.09 +0.70 ... 21.08 12.88 KE Holdings BEKE .0 22 14.30 +0.76 .171
19.99 9.21 HamiltonBeach HBB 2.4 20 18.62 –0.62 .11 57.46 31.33 Mosaic MOS 2.6 8 32.23 +0.13 .21
9.35 5.49 IRSA IRS 8.8 2 8.78 +0.43.7874 86.79 47.46 KKR KKR .8 29 86.75 +2.56 .165 M
16.35 13.98 HamiltonIns HG ... dd 14.99 –0.44 ... 330.93 251.25 MotorolaSol MSI 1.2 33 326.10 –0.18 .98
121.89 75.82 ITT ITT 1.0 23 119.95 +0.68 .29 16.44 9.94 KKR RealEstFin KREF13.3 dd 12.91 +0.40 .43
8.80 3.54 Hanesbrands HBI ... dd 4.58 +0.54 ... 161.99 108.53 M&T Bank MTB 3.7 9 141.52 +2.13 1.30 37.28 23.94 Movado MOV 4.9 11 28.65 +0.34 .35
3.34 1.99 IamGold IAG ... dd 2.42 +0.10 ... 2.56 0.12 KoreGroup KORE ... dd .92 –0.06 ...
39.67 13.22 HannonArmstrong HASI 6.7 65 23.57 +1.13 .395 14.37 5.21 MBIA MBI .0 dd 6.41 +0.478.00 49.09 31.26 MuellerIndustries MLI 1.2 9 48.33 +2.04 .15
240.15 183.77 IDEX IEX 1.2 26 209.15 +2.11 .64 14.49 11.04 KT KT ... 7 13.07 +0.42 ...
148.78 103.83 HanoverIns THG 2.6 dd 130.88 +2.14 .85 63.00 34.79 MDC Holdings MDC 3.5 13 62.64 ... .55 16.62 12.09 MuellerWater MWA 1.9 25 13.83 –0.25.064
4.00 2.31 iHuman IH ... 6 2.67 –0.23 ... 288.24 183.19 Kadant KAI .4 28 274.11 +4.16 .29
51.77 25.43 HarleyDavidson HOG 2.0 7 33.65 –0.53 .165 22.55 18.04 MDU Rscs MDU 2.6 11 19.45 +0.44.2225 2.29 0.61 MultiPlan MPLN ... dd 1.04 –0.04 ...
265.00 217.06 IllinoisToolWks ITW 2.1 25 262.41 +6.90 1.40 45.27 18.06 Kaman KAMN 1.8 dd 45.00 –0.05 .20 48.47 32.80 MurphyOil MUR 3.1 9 38.56 +0.80 .30
6.58 2.93 HarmonyGold HMY ... 14 6.29 +0.65 ... 12.38 8.41 MFA Financial MFA 12.1 dd 11.54 +0.06 .35
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

21.82 13.97 Imax IMAX ... 31 14.14 +0.01 ... 67.84 47.63 Kellanova K 4.1 23 54.74 +0.81 .60 384.25 231.65 MurphyUSA MUSA .5 15 357.15 –9.21 .41
87.34 64.25 HartfordFinl HIG 2.2 12 86.81 +1.79 .47 20.08 12.16 MGIC Investment MTG 2.3 8 20.06 +0.39 .115
4.94 2.05 IndependenceContr ICD ... dd 2.06 –0.03 ... 68.15 38.32 Kemper KMPR 2.0 dd 61.70 +5.69 .31 26.49 15.65 MyersIndustries MYE 2.9 14 18.82 +0.03 .135
38.85 25.05 HavertyFurn HVT 3.4 9 35.00 +0.99 1.00 51.35 34.12 MGM Resorts MGM ... 15 43.65 +0.65 ...
19.68 11.61 IndepRealty IRT 4.2 60 15.13 –0.41 .16 30.60 22.08 Kennametal KMT 3.2 17 25.09 +0.53 .20
40.00 26.10 HavertyFurn A HVT.A 3.2 9 35.00 +0.11 .95 140.73 54.55 M/I Homes MHO ... 8 131.18 –2.46 ... N
11.30 10.45 InFinTAcqnA IFIN ... 69 11.27 +0.01 ... 18.90 10.66 Kennedy-Wilson KW 8.8 dd 10.92 –0.27 .24
43.71 9.06 HawaiianElec HE .0 7 13.85 +1.13 .36 29.92 13.71 MinisoGroup MNSO 2.0 22 19.80 –1.38 .412
31.65 13.29 Informatica INFA ... dd 30.12 –0.17 ... 33.47 17.64 KenonHoldings KEN 11.2 dd 24.85 +0.43 2.79
10.35 10.16 HaymakerAcqnCorp.4 HYAC ... ... 10.32 –0.04 ... 3.44 1.41 MOGU MOGU ... dd 1.97 –0.16 ... 40.28 29.37 NACCO Inds NC 2.4 15 36.50 –0.19.2175
20.37 14.71 Infosys INFY 1.2 28 20.22 +0.23.1827 11.05 10.25 KensingtonCapV A KCGI ... 35 10.75 +0.03 ...
15.22 9.80 Hayward HAYW ... 42 12.59 +0.16 ... 37.98 33.03 MPLX MPLX 9.0 11 37.90 +0.81 .85 15.44 9.87 N-able NABL ... cc 13.15 –0.14 ...
79.83 51.84 IngersollRand IR .1 42 79.30 +0.42 .02 27.80 17.82 Kenvue KVUE 3.8 25 20.84 +0.13 .20
22.36 13.86 HealthcareRealty HR 7.5 dd 16.63 –0.35 .31 36.67 14.47 MP Materials MP ... 28 15.82 +0.02 ... 26.00 18.00 NCR Atleos NATL ... ... 22.65 +0.59 ...
90.81 36.66 Ingevity NGVT ... 13 45.90 +5.04 ... 20.30 8.54 KeyCorp KEY 5.6 17 14.67 +0.73 .205
28.43 15.24 HealthpeakProp PEAK 6.2 45 19.42 –0.33 .30 13.90 8.15 MRC Global MRC ... 11 10.41 +0.18 ... 19.01 11.99 NCR Voyix VYX ... dd 15.55 +0.80 ...
113.46 89.54 Ingredion INGR 2.9 12 109.27 –0.62 .78 189.32 118.57 KeysightTech KEYS ... 26 155.93 +2.30 ...
7.00 3.55 HeclaMining HL .4 dd 3.99 –0.02.0025 185.57 122.57 MSA Safety MSA 1.1 cc 166.08 +3.18 .47 17.62 8.19 NetPower NPWR ... dd 8.92 +0.32 ...
105.07 63.36 InnovativeIndProp IIPR 7.7 16 94.22 +0.08 1.82 43.48 25.99 KilroyRealty KRC 5.5 21 38.93 +0.02 .54
191.00 153.63 Heico HEI .1 63 183.58 +7.20 .10 573.32 451.55 MSCI MSCI 1.0 46 549.29 –4.64 1.38 5.80 1.57 NGL Energy NGL ... dd 5.77 +0.61 ...
2.73 0.75 Innovid CTV ... dd 1.50 +0.21 ... 147.87 116.32 KimberlyClark KMB 4.0 23 121.17 –1.60 1.22
150.42 121.43 Heico A HEI.A .1 50 144.09 +5.49 .10 105.77 77.99 MSC Industrial MSM 3.4 16 97.03 +0.03 .83 16.18 5.80 NIO NIO ... dd 6.14 +0.08 ...
131.09 93.56 Insperity NSP 2.0 23 114.62 –0.16 .57 23.27 16.34 KimcoRealty KIM 4.7 29 20.54 +0.38 .23
72.61 37.50 HeliosTech HLIO .8 27 42.87 +0.86 .09 15.72 8.38 MV Oil MVO12.6 7 12.01 +0.82 .465 7.50 4.46 NL Industries NL 5.2 dd 5.37 +0.05 .07
330.00 123.27 InspireMedical INSP ... dd 212.81 +11.84 ... 18.77 15.89 KinderMorgan KMI 6.5 16 17.44 +0.24.2825
11.88 6.19 HelixEnergy HLX ... 77 10.10 +0.53 ... 12.42 2.05 Mytheresa MYTE ... dd 2.99 ... ... 47.95 34.38 NNN REIT NNN 5.5 19 41.13 –1.20 .565
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

199.15 102.57 InstalledBldg IBP .7 22 189.66 –2.00 .33 37.17 26.32 Kinetik KNTK 8.9 25 33.63 +1.23 .75
49.90 30.41 Helm&Payne HP 2.8 9 36.02 +2.64 .17 16.84 8.77 Macerich MAC 4.1 dd 16.68 +1.02 .17 24.83 14.05 NOV NOV 1.0 17 20.98 +1.48 .05
39.38 25.44 InsteelInds IIIN .3 30 34.29 –0.06 2.50 10.60 6.25 KingswayFin KFS ... 8 8.86 +0.62 ...
21.33 11.14 Herbalife HLF ... 7 12.43 +0.02 ... 19.20 14.40 MachNaturalRscs MNR ... ... 18.10 +0.74 ... 54.27 30.25 NRG Energy NRG 3.0 dd 54.25 +1.73.4075
28.50 22.99 Instructure INST ... dd 25.19 –0.09 ... 6.34 3.40 KinrossGold KGC 2.2 28 5.54 +0.14 .03
162.47 93.97 HercHoldings HRI 1.7 12 151.34 +8.08.6325 25.12 10.54 Macy's M 3.5 8 18.90 +1.27.1654 7423.73 4988.99 NVR NVR ... 15 7035.81 –172.18 ...
106.78 63.00 IntegerHoldings ITGR ... 42 101.16 –2.83 ... 457.73 264.57 KinsaleCapital KNSL .1 33 390.58 –8.17 .14
18.05 10.94 HerculesCapital HTGC 9.1 9 17.56 +0.58 .08 40.81 27.55 MSG Ent MSGE ... dd 33.52 +0.04 ... 190.90 71.42 NaborsIndustries NBR ... dd 87.42 +11.21 ...
12.03 10.32 IntegratedRailA IRRX ... cc 11.12 –0.13 ... 87.52 64.74 Kirby KEX ... 24 79.83 +1.96 ...
9.79 1.88 HeritageInsurance HRTG ... 6 6.20 –0.31 ... 215.79 164.79 MSG Sports MSGS ... cc 186.65 –3.29 ... 44.46 26.48 NatlBankHoldings NBHC 3.0 10 35.99 +1.11 .27
276.88 178.82 Hershey HSY 2.5 21 190.21 –0.251.192 12.42 10.33 IntegratedWellA WEL ... 75 11.25 +0.04 ... 24.26 18.77 KiteRealty KRG 4.5 cc 21.67 +0.12 .25
129.16 94.16 ICE ICE 1.3 30 127.26 +0.81 .42 68.92 46.71 MagnaIntl MGA 3.3 15 55.73 +1.17 .46 60.81 46.58 NationalFuelGas NFG 4.2 9 47.62 –0.18 .495
167.75 113.82 Hess HES 1.2 28 144.26 +6.94.4375 39.47 23.93 Klaviyo KVYO ... ... 24.67 –0.59 ...
96.80 63.12 InterContinentl IHG 1.5 27 95.81 +0.33 .483 11.68 6.46 Magnachip MX ... dd 6.68 –0.17 ... 74.48 56.41 NationalGrid NGG 5.2 5 67.22 +1.111.1899
33.96 25.63 HessMidstream HESM 7.3 17 33.90 +1.77.6175 67.43 33.67 KnifeRiver KNF ... 14 65.99 +2.02 ...
24.02 18.72 MagnoliaOil MGY 2.2 8 20.96 +1.35 .115 60.17 47.54 NatlHealthInv NHI 6.6 22 54.57 –0.43 .90
18.14 13.66 HewlettPackard HPE 3.3 10 15.84 +0.47 .13 25.60 17.94 IntercorpFinSvcs IFS 5.1 8 23.00 +0.18 1.18 64.35 45.73 Knight-Swift KNX 1.0 43 57.33 +2.32 .14
45.91 36.48 MainStreetCap MAIN 6.3 9 45.82 +1.67 .24 84.29 66.83 NatlPrestoInds NPK 1.2 25 82.69 –0.863.00
79.08 58.81 Hexcel HXL .9 54 66.96 –4.28 .15 196.90 120.55 IBM IBM 3.5 23 187.42 +15.94 1.66 7.00 4.28 KnotOffshore KNOP 1.8 dd 5.77 +0.10 .026
27.34 17.02 ManchesterUnited MANU ... dd 19.50 –1.07 ... 44.79 27.86 NatlStorage NSA 5.8 36 38.58 +0.98 .56
31.88 17.06 HighwoodsProp HIW 8.8 18 22.74 –0.02 .50 116.96 62.11 IntlFlavors IFF 3.9 cc 82.26 +2.74 .81 20.25 12.78 Knowles KN ... dd 16.98 +0.14 ...
20.20 12.20 Manitowoc MTW ... dd 16.32 +0.73 ... 7.68 4.06 Natura&Co NTCO ... dd 6.46 –0.51 ...
53.76 37.19 Hillenbrand HI 1.9 26 46.43 +1.09.2225 33.99 22.30 IntlGameTech IGT 3.0 55 26.65 +0.65 .20 23.45 15.05 KodiakGasSvcs KGS 6.5 53 23.44 +1.76 .38
92.43 67.35 Manpower MAN 3.8 18 76.90 +0.85 1.47 16.44 9.41 NaturalGasSvcs NGS ... 85 15.53 +0.77 ...
35.66 26.78 Hilltop HTH 1.9 20 33.48 +0.16 .17 41.89 29.01 IntlPaper IP 4.9 17 37.57 +0.83.4625 35.77 17.68 Kohl's KSS 7.0 dd 28.69 +3.79 .50 22.33 17.07 ManulifeFinl MFC 4.0 11 21.85 +0.65.2694 17.49 9.50 NaturalGrocers NGVC 2.6 15 15.39 +0.13 1.00
51.81 33.14 HiltonGrandVac HGV ... 15 42.92 +1.23 ... 53.69 34.77 IntlSeaways INSW .9 4 53.65 +1.17 1.13 24.27 14.96 Philips PHG .0 dd 22.76 –0.55.9387 29.56 20.57 MarathonOil MRO 1.8 9 23.21 +0.94 .11 102.00 44.68 NaturalResPtrs NRP 3.1 8 97.23 +0.52 .75
193.15 129.86 Hilton HLT .3 39 192.63 +5.25 .15 40.95 27.20 Interpublic IPG 3.8 14 32.98 +1.13 .31 63.96 37.10 KontoorBrands KTB 3.3 16 60.51 +1.91 .50 162.31 104.32 MarathonPetrol MPC 2.1 6 160.52 +7.54 .825 7.95 4.76 Natuzzi NTZ ... dd 6.49 +0.03 ...
7.49 4.30 HimalayaShipping HSHP ... dd 6.98 +0.10 ... 34.51 17.23 IntrepidPotash IPI ... 47 19.92 +0.49 ... 53.16 28.45 Koppers KOP .5 12 51.54 +1.88 .06 44.24 26.81 Marcus&Millichap MMI 1.3 dd 39.40 +1.70 .25 7.80 4.30 NatWest NWG ... 5 5.77 +0.38 ...
12.34 5.65 Hims&HersHealth HIMS ... dd 8.82 +0.50 ... 27.25 20.76 InvenTrust IVT 3.3 cc 25.79 +0.67.2155 8.27 5.93 KoreaElecPwr KEP ... dd 7.18 +0.46 ... 18.05 13.30 Marcus MCS 2.0 cc 13.70 ... .07 16.48 11.91 Navigator NVGS 1.2 16 16.20 +0.24 .05
20.39 6.65 Hippo HIPO ... dd 9.12 +0.69 ... 15.56 6.34 InvescoMtg IVR 17.4 dd 9.19 +0.14 .40 60.22 44.45 KornFerry KFY 2.3 30 58.61 +2.25 .33 3.70 0.17 MariaDB MRDB ... dd .20 +0.02 ... 101.60 81.67 Nelnet NNI 1.3 26 88.16 +1.90 .28
14.00 8.50 HireRight HRT ... cc 12.65 –0.27 ... 2.93 0.36 Invitae NVTA ... dd .41 –0.02 ... 8.55 5.28 KosmosEnergy KOS ... 42 6.28 –0.08 ... 17.81 9.18 MarineProducts MPX 5.4 9 10.44 –0.42 .14 5.37 2.33 NerdyA NRDY ... dd 3.21 +0.08 ...
8.06 1.93 Holley HLLY ... cc 5.12 +0.57 ... 36.53 28.49 InvitatHomes INVH 3.4 61 33.25 –0.43 .28 50.36 42.10 Kroger KR 2.5 18 46.30 +0.36 .29 42.88 25.60 MarineMax HZO ... 7 28.01 –5.67 ... 50.00 9.50 NetLeaseOffice NLOP 1.3 ... 25.31 +0.77 .34
25.80 19.61 HomeBancShares HOMB 2.9 13 24.64 +0.03 .18 21.60 4.38 IonQ IONQ ... dd 11.01 +0.16 ... 12.01 6.16 KronosWorldwide KRO 7.9 dd 9.68 +0.74 .19 1560.00 1186.56 Markel MKL ... 11 1475.74 +27.93 ... 20.64 13.49 Netstreit NTST 4.5 cc 18.28 –0.20 .205
362.96 274.26 HomeDepot HD 2.4 23 355.30 –7.11 2.09 70.66 48.94 IronMountain IRM 3.8 71 67.56 +0.69 .65 1.40 0.42 KukeMusic KUKE ... ... 1.01 –0.02 ... 2.30 0.62 Markforged MKFG ... dd .74 –0.10 ... 40.56 13.98 Nevro NVRO ... dd 17.92 –0.69 ...
36.82 24.31 HondaMotor HMC 2.5 8 32.49 +0.13.5905 7.05 4.24 ItauUnibanco ITUB ... 10 6.64 –0.02 ... 22.02 11.36 Kyndryl KD ... dd 21.21 +0.33 ... 165.85 72.78 MarriottVacations VAC 3.5 12 87.51 +4.68 .76 55.84 38.92 NewJerseyRscs NJR 4.0 15 41.54 –0.19 .42
38.28 27.81 HoraceMann HMN 3.8 dd 34.98 +0.96 .33 J 202.81 151.86 Marsh&McLen MMC 1.5 26 192.99 –6.11 .71 83.73 33.98 NewOrientalEduc EDU ... 44 79.93 +7.98 ...
L
46.04 30.12 HormelFoods HRL 3.6 21 30.99 +0.35.2825 510.81 317.94 MartinMarietta MLM .6 29 501.60 –3.88 .74 14.22 5.81 NY CmntyBcp NYCB 6.5 3 10.42 +0.45 .17
157.93 89.05 DR Horton DHI .9 10 140.50 –14.80 .30 20.91 12.63 JBG SMITH Prop JBGS 5.4 dd 16.65 –0.06 .225 137.07 100.25 LCI Inds LCII 3.6 59 115.19 –0.34 1.05 69.66 46.69 Masco MAS 1.7 18 67.25 –0.81 .285 49.71 34.13 NYTimes A NYT .9 42 49.19 +1.19 .11
123.98 83.92 HoulihanLokey HLI 1.8 31 120.92 +1.58 .55 19.69 10.96 JELD-WEN JELD ... 12 18.39 +0.29 ... 6.69 4.23 LG Display LPL ... dd 4.58 –0.36 ... 109.58 76.87 MasoniteIntl DOOR ... 13 91.50 –0.95 ... 599.61 334.36 NewMarket NEU 1.6 14 559.71 –35.99 2.25
167.39 53.85 Hovnanian HOV ... 6 165.66 +14.69 ... 32.26 18.85 J.Jill JILL ... 11 24.40 +0.07 ... 6.84 2.60 LL Flooring LL ... dd 2.88 –0.07 ... 123.33 44.65 MasTec MTZ ... dd 64.95 +1.79 ... 54.77 33.59 Newmont NEM 4.7 dd 34.21 –0.37 .40
89.58 65.42 HowardHughes HHH ... dd 82.57 +0.62 ... 176.31 123.11 JPMorganChase JPM 2.4 11 172.28 +1.97 1.05 14.71 7.30 LSB Inds LXU ... 6 8.13 +0.52 ... 15.70 7.08 MasterBrand MBC ... 12 14.33 –0.06 ... 7.63 3.40 NewparkResources NR ... 25 6.58 +0.49 ...
57.04 38.17 HowmetAerospace HWM .4 36 55.43 –0.31 .05 141.38 74.16 Jabil JBL .3 21 123.22 –1.37 .08 38.94 30.50 LTC Properties LTC 7.1 17 31.99 –0.06 .19 440.94 340.21 Mastercard MA .6 38 438.53 +1.75 .66 7.53 4.14 NexaResources NEXA .0 dd 7.00 +0.42.1888
340.06 219.77 Hubbell HUBB 1.5 26 328.98 –0.64 1.22 53.00 26.70 JacksonFinl JXN 4.9 2 50.60 +1.06 .62 219.31 160.25 L3HarrisTech LHX 2.2 32 209.21 +4.39 1.14 69.41 42.04 MatadorRscs MTDR 1.4 8 55.40 +1.91 .20 8.08 3.49 NexGenEnergy NXE ... dd 7.36 –0.24 ...
599.65 334.78 HubSpot HUBS ... dd 588.74 +7.34 ... 141.16 109.00 JacobsSolns J .8 26 137.19 +4.92 .29 11.92 7.75 LXP Industrial LXP 5.5 55 9.43 +0.10 .13 132.50 84.23 Materion MTRN .4 23 115.98 –3.89 .13 19.95 12.53 NexPointRealEst NREF12.9 dd 15.47 –0.34 .185
6.01 3.94 HudbayMinerals HBM ... cc 5.65 +0.41 ... 39.01 19.72 JamesHardie JHX ... 33 36.73 –0.99 ... 38.00 25.12 La-Z-Boy LZB 2.2 13 35.97 +1.09 .20 28.99 11.60 Mativ MATV 3.1 dd 13.02 +0.54 .10 52.83 26.21 NexPointResidentl NXRT 5.7 29 32.35 +0.06.4624
12.23 4.05 HudsonPacProp HPP .0 dd 8.75 +0.10 .125 31.30 22.18 JanusHenderson JHG 5.3 14 29.31 –0.15 .39 234.09 179.58 LabCorp.ofAmerica LH 1.3 30 224.92 –1.23 .72 122.45 56.51 Matson MATX 1.1 13 114.40 –5.20 .32 3.42 1.32 Nextdoor KIND ... dd 1.54 –0.05 ...
541.21 342.69 Humana HUM 1.0 18 361.23 –40.30 .885 14.30 8.66 JanusIntl JBI ... 16 14.07 +0.28 ... 12.00 8.76 LadderCapital LADR 8.0 10 11.50 +0.07 .23 20.41 8.66 MauiLand MLP ... dd 19.15 +0.30 ... 79.78 47.15 NextEraEnergy NEE 3.2 16 58.48 +1.22.4675
261.42 188.51 HuntingIngalls HII 2.0 19 255.65 –0.58 1.30 41.82 28.34 JefferiesFinl JEF 2.9 37 40.94 +0.81 .30 117.38 81.26 LambWeston LW 1.4 14 104.19 –5.05 .36 89.69 70.86 Maximus MMS 1.4 32 83.43 +1.74 .30 85.20 51.76 NicoletBankshares NIC 1.2 20 81.04 –0.53 .25
33.46 22.14 Huntsman HUN 3.8 55 24.73 +1.33.2375 2.16 0.58 JianpuTech JT ... dd .63 –0.12 ... 8.99 1.87 Lanvin LANV ... dd 2.18 –0.15 ... 16.66 9.55 MayvilleEngg MEC ... 35 13.49 +0.10 ... 131.31 88.66 Nike NKE 1.4 30 102.75 +0.97 .37
133.62 96.77 HyattHotels H .5 29 130.44 –0.14 .15 58.96 25.15 JinkoSolar JKS 5.3 3 27.88 +0.26 1.50 65.58 43.77 LasVegasSands LVS 1.6 31 50.03 +1.18 .20 94.97 59.12 McCormickVtg MKC.V 2.5 27 67.61 +2.61 .42 14.35 1.79 NineEnergy NINE ... dd 2.60 +0.26 ...
3.88 0.52 Hyliion HYLN ... dd 1.08 +0.13 ... 11.98 3.68 JobyAviation JOBY ... dd 5.63 ... ... 43.44 25.82 Lazard LAZ 5.1 dd 39.49 +0.75 .50 94.39 59.13 McCormick MKC 2.4 27 69.08 +4.05 .42 28.95 22.86 NiSource NI 3.9 17 25.82 +0.22 .265
70.28 29.26 HysterYaleMatls HY 1.9 11 68.36 +3.99 .325 125.88 89.96 JohnBeanTech JBT .4 6 102.20 +2.94 .10 157.91 117.79 Lear LEA 2.3 14 133.67 +3.46 .77 302.39 245.73 McDonald's MCD 2.3 26 292.26 –8.27 1.67 21.53 10.88 NoahHoldings NOAH 3.0 1 12.09 +0.37 .38
I 175.97 144.95 J&J JNJ 3.0 29 159.50 –2.18 1.19 11.54 10.16 LearnCWInvtA LCW ... 32 10.95 +0.03 ... 10.00 5.39 McEwenMining MUX ... dd 6.77 +0.22 ... 55.34 34.85 Noble NE 3.6 14 44.85 +1.18 .40
70.43 47.90 JohnsonControls JCI 2.6 21 56.59 +2.40 .37 38.55 22.50 Leggett&Platt LEG 7.6 15 24.10 +1.25 .46 494.76 331.75 McKesson MCK .5 19 485.27 +0.67 .62 4.97 2.94 Nokia NOK 2.2 30 3.82 +0.39.0326
25.04 19.34 ICICI Bank IBN .5 17 24.13 +0.25.1736 191.21 119.46 JonesLang JLL ... 37 176.39 +2.88 ... 113.50 76.58 Leidos LDOS 1.4 cc 111.55 +1.67 .38 17.01 5.08 MediaAlpha MAX ... dd 12.77 +1.92 ... 19.76 13.56 NomadFoods NOMD ... 14 17.58 –0.09 ...
8.18 4.30 ICL Group ICL 3.3 7 4.63 +0.12.0531 5.09 2.23 JumiaTech JMIA ... dd 2.98 +0.05 ... 9.84 0.85 Leju LEJU ... dd 1.34 –0.05 ... 13.70 2.92 MedicalProp MPW18.3 dd 3.27 +0.20 .15 5.16 3.38 Nomura NMR 2.4 17 5.09 +0.14.0543
112.96 88.10 IDACORP IDA 3.6 17 92.57 +0.07 .83 38.04 24.87 JuniperNetworks JNPR 2.4 33 37.20 –0.21 .22 24.81 10.27 Lemonade LMND ... dd 16.54 +0.09 ... 118.46 51.44 Medifast MED 12.0 5 55.23 +1.95 1.65 4.83 2.89 NordicAmTankers NAT 10.9 8 4.49 +0.05 .06
40 BARRON’S January 29, 2024

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
27.15 12.88 Nordstrom JWN 3.8 28 19.83 +1.82 .19 17.37 10.70 ParkHotels PK 3.9 33 15.55 –0.93 .77 8.24 2.63 Ranpak PACK ... dd 4.73 +0.12 ... 53.40 25.84 SharkNinja SN .0 ... 50.65 +2.46 1.08 16.58 6.10 Sweetgreen SG ... dd 10.49 –0.13 ...
255.90 183.09 NorfolkSouthern NSC 2.3 26 234.26 +0.21 1.35 477.37 300.86 ParkerHannifin PH 1.3 26 471.59 +1.22 1.48 116.58 82.00 RaymondJames RJF 1.6 14 113.22 +1.70 .45 68.74 52.47 Shell SHEL 3.9 8 63.17 +2.06 .662 52.90 37.59 Sylvamo SLVM 2.4 7 50.13 +2.35 .30
26.30 14.55 NorthAmConstr NOA 1.2 14 23.91 +0.66.0735 67.12 40.61 Parsons PSN ... 53 66.36 +0.30 ... 8.65 2.66 RayonierAdvMatls RYAM ... dd 4.37 +0.20 ... 314.14 205.43 SherwinWilliams SHW .8 33 301.85 –2.17 .605 39.89 26.59 SynchronyFinl SYF 2.5 7 39.54 +2.63 .25
16.36 4.94 NoEuroOil NRT 44.1 2 5.13 –0.02 .21 374.04 146.15 PaycomSoftware PAYC .8 33 193.81 +0.22 .375 37.79 24.84 Rayonier RYN 3.7 57 30.89 –0.57 .20 78.97 42.91 Shift4Paymts FOUR ... 44 74.53 –0.68 ... 44.44 24.40 SynovusFinl SNV 3.9 11 38.79 +1.16 .38
43.64 25.56 NorthernOil&Gas NOG 4.6 4 34.86 +1.20 .40 18.79 7.07 Paymentus PAY ... cc 16.18 –0.16 ... 13.49 9.19 ReadyCapital RC 12.2 4 9.85 +0.01 .30 36.42 24.99 ShinhanFin SHG 4.9 5 29.99 +2.12.3938 79.02 62.24 Sysco SYY 2.7 21 75.15 –0.06 .50
496.89 414.56 NorthropGrum NOC 1.7 33 437.96 –32.52 1.87 24.25 9.25 Paysafe PSFE ... dd 15.73 +1.51 ... 68.85 45.04 RealtyIncome O 5.6 42 54.97 –1.55.2565 83.36 39.02 Shopify SHOP ... dd 81.55 +1.54 ... 5.55 1.04 System1 SST ... dd 1.98 +0.42 ...
52.39 35.72 NorthwestNat NWN 5.0 14 38.73 +0.73.4875 31.22 17.71 PeabodyEnergy BTU 1.1 4 27.05 +0.97 .075 4.58 2.35 Redwire RDW ... dd 2.86 +0.12 ... 81.23 33.80 Shutterstock SSTK 2.3 14 46.70 –3.23 .27
T
22.75 12.15 NorwegCruise NCLH ... dd 17.22 –0.54 ... 47.00 8.00 PeakstoneRealty PKST 5.7 dd 15.86 +0.20 .225 8.72 5.47 RedwoodTrust RWT10.2 dd 6.96 +0.02 .16 11.08 4.00 Sibanye-Stillwater SBSW 6.2 4 4.84 +0.35.1102
5.97 1.85 NouveauMonde NMG ... dd 2.13 –0.06 ... 12.51 9.29 Pearson PSO 2.2 25 12.25 +0.14 .09 166.00 97.18 RegalRexnord RRX 1.0 dd 136.87 –2.98 .35 108.73 57.10 SignetJewelers SIG .9 13 99.88 +0.76 .23 13.49 5.09 TAL Education TAL ... dd 11.75 +0.63 ...
108.78 75.68 Novartis NVS 2.1 29 107.16 –1.073.4694 17.38 11.39 PebblebrookHotel PEB .3 dd 15.70 –0.36 .01 38.34 20.76 RegionalMgmt RM 4.5 10 26.50 +1.13 .30 55.41 38.11 SilganHoldings SLGN 1.6 17 43.80 +0.65 .18 43.48 32.52 TC Energy TRP 6.9 dd 39.39 +0.60.6846
108.98 65.58 NovoNordisk NVO .7 45 108.07 +1.11.8836 17.30 8.18 PediatrixMedical MD ... 9 9.86 +0.54 ... 24.33 13.72 RegionsFinl RF 5.0 9 19.15 +0.53 .24 43.95 19.13 SilverBowRscs SBOW ... 2 27.36 +1.66 ... 14.73 4.22 TDCX TDCX ... 11 6.40 –0.02 ...
9.50 4.13 NuHoldings NU ... cc 9.50 +0.33 ... 11.14 10.33 PegasusDigA PGSS ... cc 11.14 +0.03 ... 171.10 120.99 ReinsGrp RGA 2.0 12 171.03 +3.14 .85 11.32 9.95 SilverBoxIIIA SBXC ... 78 10.50 –0.11 ... 108.92 86.30 TD Synnex SNX 1.5 16 105.28 +0.70 .40
45.55 16.15 NuSkinEnts NUS 8.3 16 18.76 +1.38 .39 35.99 28.15 PembinaPipeline PBA 5.8 22 34.68 +0.92.4967 295.98 220.97 RelianceSteel RS 1.4 12 281.29 +2.45 1.00 7.95 4.58 Similarweb SMWB ... dd 6.29 +0.82 ... 146.83 115.00 TE Connectivity TEL 1.6 14 144.48 +11.94 .59
182.68 129.79 Nucor NUE 1.2 9 175.10 +8.31 .54 7.22 4.70 PennantPark PNNT11.7 dd 7.21 +0.20 .07 227.16 174.22 RenaissanceRe RNR .7 7 213.31 +3.40 .38 146.91 100.17 SimonProperty SPG 5.4 21 141.96 +0.34 1.90 22.29 13.66 Tegna TGNA 2.9 6 15.84 +0.33.1138
11.19 1.81 NuScalePower SMR ... dd 2.75 +0.76 ... 93.50 54.00 PennyMacFin PFSI .9 21 87.63 +2.03 .20 38.41 22.99 Renasant RNST 2.6 13 33.27 +1.58 .22 202.14 100.84 SimpsonMfg SSD .6 22 182.35 +0.02 .27 21.82 15.47 Telus TU 6.0 44 18.12 –0.21.2769
21.64 14.41 NuSTAREnergy NS 7.4 41 21.56 +3.53 .40 15.89 10.52 PennyMacMtg PMT 10.7 14 14.96 +0.27 .40 41.55 23.39 RentokilInit RTO 1.7 36 26.17 +0.07.1759 12.44 6.47 SiriusPoint SPNT ... 9 11.93 +0.76 ... 24.52 6.03 TelusIntl TIXT ... 48 8.80 –0.01 ...
85.16 48.29 Nutrien NTR 4.2 12 50.86 –0.59 .53 180.84 122.31 PenskeAuto PAG 2.0 9 153.32 +1.87 .87 12.39 5.50 ReposiTrak TRAK .5 45 12.22 +0.44.0165 176.16 116.81 SiteOneLandscape SITE ... 41 156.77 –2.80 ... 45.81 35.22 Ternium TX 7.3 27 39.72 +0.86 1.10
2.55 0.95 NuvationBio NUVB ... dd 1.72 +0.26 ... 73.27 50.15 Pentair PNR 1.3 24 72.44 +1.08 .23 171.36 121.17 RepublicSvcs RSG 1.2 33 171.29 +2.61 .535 27.97 19.31 SitioRoyalties STR 9.0 82 21.68 –0.02 .49 138.16 100.96 TFI Intl TFII 1.2 22 134.19 +2.44 .40
59.69 38.76 nVentElectric NVT 1.3 21 58.87 +0.83 .19 348.67 180.93 Penumbra PEN ... cc 252.37 +2.06 ... 20.16 14.20 ResideoTech REZI ... 15 17.08 +0.03 ... 31.29 18.29 SixFlags SIX ... 28 24.65 +0.12 ... 18.94 10.20 TIM TIMB 4.2 19 17.84 –0.06 .276
8.38 2.20 Perfect PERF ... dd 2.41 –0.11 ... 243.52 132.24 ResMed RMD 1.0 31 190.15 +17.61 .48 65.17 41.56 SkechersUSA SKX ... 18 62.88 –1.94 ... 96.45 72.92 TJX TJX 1.4 27 96.38 +0.88.3325
O 71.86 52.32 PerformanceFood PFGC ... 26 70.80 –0.10 ... 7.65 3.05 SkeenaRscs SKE ... dd 4.21 +0.14 ...
79.45 59.99 RestaurantBrands QSR 2.9 27 76.88 ... .55 118.04 72.33 TKO TKO .6 67 86.54 +8.99 3.86
9.59 2.79 PerimeterSolns PRM ... 46 4.53 +0.46 ... 32.59 12.25 Revolve RVLV ... 35 15.35 +0.91 ... 43.40 13.20 Skillsoft SKIL ... dd 14.96 +0.66 ... 9.23 4.64 TPG RE Fin TRTX14.7 dd 6.51 +0.34 .24
38.47 22.34 OFGBancorp OFG 2.3 10 37.97 +2.60 .22
27.77 13.75 PermianBasin PBT 4.0 24 15.01 +0.36 .031 145.35 79.50 Revvity RVTY .3 18 110.00 +3.57 .07 20.40 3.96 Skillz SKLZ ... dd 5.44 +0.41 ... 25.00 17.23 TXO Partners TXO 11.0 9 18.90 +0.35 .52
40.25 31.25 OGE Energy OGE 5.1 16 32.89 –0.26.4182
15.49 8.94 PermianRscs PR 1.5 15 13.63 +0.42 .07 51.19 27.42 RexAmerRscs REX ... 15 41.88 –1.98 ... 77.75 52.12 SkylineChamp SKY ... 17 69.34 –0.64 ... 118.85 81.21 TaiwanSemi TSM 1.3 23 117.26 +3.06.5415
23.57 13.56 O-I Glass OI ... 6 15.32 +0.32 ...
3.16 1.43 PermianvilleRT PVL 22.0 4 1.70 +0.22.0772 66.71 41.56 RexfordIndlRealty REXR 2.8 52 54.15 –0.93 .38 28.38 18.86 SmartFinancial SMBK 1.3 14 24.31 +1.38 .08 17.15 13.19 TakedaPharm TAK 3.7 33 14.60 –0.11.3191
84.26 55.50 ONE Gas OGS 4.3 15 61.34 +2.16 .66
7.89 4.10 PermRock PRT 10.1 7 4.72 +0.08.0346 11.17 10.34 RigelResourceA RRAC ... 41 11.08 ... ... 4.12 2.15 SmartRent SMRT ... dd 3.00 –0.29 ... 21.19 10.69 TalosEnergy TALO ... 14 13.18 +0.45 ...
72.52 55.91 ONEOK OKE 5.6 13 70.44 +0.40 .99
40.28 26.81 Perrigo PRGO 3.3 cc 33.44 +0.35 .273 49.32 25.08 RingCentral RNG ... dd 34.94 +0.50 ... 52.81 37.09 Smartsheet SMAR ... dd 45.75 –0.40 ... 28.77 17.22 Tanger SKT 3.7 32 27.96 +0.96 .26
11.20 5.73 ON24 ONTF .0 dd 7.67 +0.55 1.09
17.21 9.56 PetroleoBrasil PBR 16.6 4 17.05 +1.31.1749 79.82 58.27 RioTinto RIO 5.7 13 70.77 +2.02 1.77 82.77 58.82 SmithAO AOS 1.6 41 80.92 –0.29 .32 47.48 25.99 Tapestry TPR 3.6 10 38.97 +2.33 .35
16.49 12.19 Openlane KAR ... dd 14.55 +0.50 ...
16.33 8.52 PetroleoBrasilA PBR.A17.4 4 16.29 +1.12.1749 6.73 3.48 Riskified RSKD ... dd 4.59 +0.22 ... 33.09 21.53 Smith&Nephew SNN 2.6 55 28.06 –0.11 .288 91.44 64.85 TargaResources TRGP 2.3 23 86.81 +4.32 .50
67.93 55.12 OccidentalPetrol OXY 1.2 13 58.40 +1.98 .18
44.46 25.76 Pfizer PFE 6.1 15 27.47 –0.81 .42 11.15 7.40 RithmCapital RITM 9.1 8 10.99 +0.16 .25 26.33 23.26 SmithDouglas SDHC ... ... 24.95 +0.10 ... 181.70 102.93 Target TGT 3.1 18 142.53 +4.39 1.10
27.46 14.99 OceaneeringIntl OII ... 29 21.51 +1.30 ...
105.62 87.23 PhilipMorris PM 5.7 18 90.85 –1.47 1.30 89.78 64.65 RobertHalf RHI 2.3 19 81.85 +1.25 .48 159.92 107.33 Smucker SJM 3.2 dd 131.69 +2.49 1.06 45.76 22.89 TaroPharm TARO ... 36 43.28 +0.94 ...
36.97 21.15 OcwenFinancial OCN ... dd 29.59 +0.10 ...
140.28 89.74 Phillips66 PSX 3.0 8 140.22 +11.13 1.05 47.65 24.88 Roblox RBLX ... dd 40.41 +1.72 ... 17.90 7.86 Snap SNAP ... dd 16.25 –0.17 ... 55.47 33.20 TaylorMorrison TMHC ... 7 52.34 –1.67 ...
19.35 6.00 Offerpad OPAD ... dd 8.85 –0.09 ...
4.14 1.10 PhoenixNewMedia FENG ... dd 1.43 –0.05 ... 15.19 7.17 RocketCos. RKT ... dd 12.24 +0.02 ... 297.26 226.68 Snap-On SNA 2.6 16 289.66 +2.80 1.86 11.25 3.53 Team TISI ... 0 6.98 +0.67 ...
73.50 34.27 Oil-Dri ODC 1.7 14 66.90 +0.74 .29
40.00 12.05 Phreesia PHR ... dd 25.25 +0.60 ... 348.52 252.19 Rockwell ROK 1.7 25 303.00 –0.45 1.25 211.65 128.56 Snowflake SNOW ... dd 202.51 +9.39 ... 22.78 12.04 TechnipFMC FTI 1.0 dd 20.57 +1.20 .05
10.47 5.72 OilStatesIntl OIS ... 42 6.49 +0.41 ...
16.34 10.52 PhysiciansRealty DOC 7.2 66 12.85 –0.21 .23 50.00 36.55 RogersComm B RCI 3.1 32 47.44 –0.19.3686 98.66 44.86 SOQUIMICH SQM 7.0 5 46.96 –0.92.5035 49.34 32.48 TeckResourcesB TECK .9 13 40.21 +1.70.094
32.46 18.70 OkeanisEcoTankers ECO ... 6 29.72 +1.38 ...
11.37 4.91 PiedmontOfficeA PDM 6.8 16 7.36 +0.22 .125 173.16 111.08 Rogers ROG ... 22 116.97 +0.30 ... 8.48 4.66 SohoHouse SHCO ... dd 6.20 –0.17 ... 54.40 28.21 Tecnoglass TGLS .8 11 45.68 +1.73 .09
30.61 23.31 OldRepublic ORI 3.5 13 27.99 –1.97 .245
86.03 67.35 PinnacleWest PNW 4.9 17 71.37 +1.74 .88 45.04 32.19 Rollins ROL 1.4 52 43.23 –0.90 .15 11.33 6.59 SolarisOilfield SOI 6.1 10 7.86 +0.91 .12 8.80 4.58 Teekay TK ... 6 8.79 +0.38 ...
64.70 41.71 Olin OLN 1.5 16 55.15 +4.10 .20
16.00 3.01 Pinstripes PNST ... dd 3.90 –0.68 ... 11.01 10.16 RossAcqnIIA ROSS ... 38 10.94 –0.01 ... 12.55 8.07 SolarWinds SWI ... dd 12.17 +0.30 ... 61.67 28.65 TeekayTankers TNK 1.7 4 60.50 +1.45 .25
9.12 4.25 Olo OLO ... dd 5.11 +0.13 ... 38.66 20.60 Pinterest PINS ... dd 37.70 +0.60 ... 104.72 77.90 RoyalBkCanada RY 4.1 13 98.85 –0.77.9959 8.86 2.80 SoloBrands DTC ... 7 2.80 –0.27 ... 20.49 15.25 TejonRanch TRC ... cc 16.17 +0.07 ...
34.77 25.61 OmegaHealthcare OHI 9.2 30 29.03 –0.65 .67 257.76 177.27 PioneerNatRscs PXD 6.1 11 230.44 +13.61 1.95 130.97 59.37 RoyalCaribbean RCL ... 38 123.46 –3.54 ... 62.26 39.02 SonicAutomotive SAH 2.3 dd 51.72 +0.90 .30 34.36 15.02 TeladocHealth TDOC ... dd 20.21 –0.03 ...
99.23 72.20 Omnicom OMC 3.1 13 90.89 +3.01 .70 182.87 120.97 PiperSandler PIPR 1.4 42 176.26 +5.94 .60 15.84 0.96 RubiconTech RBT ... dd 1.31 +0.31 ... 14.75 6.00 SonidaSrLiving SNDA ... dd 9.13 +0.03 ... 8.87 4.08 TelecomArgentina TEO 15.7 20 7.92 +0.50.208
37.08 19.90 OnHolding ONON ... 94 26.25 –1.71 ... 4.77 2.80 PitneyBowes PBI 4.5 dd 4.40 +0.22 .05 5.52 2.77 RushStreetInt RSI ... dd 5.40 +0.39 ... 63.74 49.98 SonocoProducts SON 3.5 12 58.31 +0.95 .51 448.71 364.98 TeledyneTech TDY ... 23 418.96 –16.67 ...
24.73 17.55 OneLiberty OLP 8.5 19 21.14 –0.06 .45 85.91 44.13 PlanetFitness PLNT ... 43 68.99 –5.84 ...
50.64 35.10 RyanSpecialty RYAN ... 93 43.99 ... ... 100.94 79.62 Sony SONY .4 19 95.39 –3.63.2715 276.43 177.63 Teleflex TFX .6 29 244.45 –2.38 .34
8.93 2.55 OneConnectFin OCFT ... dd 2.60 –0.14 ... 5.18 1.99 PlanetLabs PL ... dd 2.29 +0.18 ...
119.47 76.15 RyderSystem R 2.4 11 116.15 +3.18 .71 87.77 59.51 SouthState SSB 2.5 13 84.48 +2.90 .52 11.15 7.16 TelefonicaBras VIV 5.3 19 10.38 +0.13 .104
50.02 32.79 OneMain OMF 8.3 9 48.47 +3.40 1.00
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

8.68 4.53 PlayAGS AGS ... cc 8.27 +0.07 ... 75.80 61.56 Southern SO 4.1 25 69.11 +0.16 .70 4.53 3.69 Telefonica TEF 5.7 13 4.18 +0.05.1592
172.36 76.01 OntoInnovation ONTO ... 50 160.51 –2.36 ... 44.70 26.15 RyersonHolding RYI 2.2 13 34.02 +1.87 .185
25.55 19.21 PlymouthIndREIT PLYM 4.0 dd 22.61 –0.08 .225 88.40 64.66 SoCopper SCCO 4.8 22 83.20 +2.11 1.00 29.58 21.67 TelekmIndonesia TLK 3.3 16 25.47 +0.091.1296
15.66 9.58 Ooma OOMA ... cc 11.08 +0.51 ... 114.98 77.18 RymanHospitality RHP 3.5 29 110.59 –2.92 1.10
138.49 82.00 Polaris PII 2.8 9 91.37 –2.20 .65 11.66 10.23 SouthportAcqnA PORT ... 49 10.65 –0.04 ... 21.75 6.44 Telephone&Data TDS 3.7 dd 20.08 +1.53 .185
49.32 32.82 Oppenheimer A OPY 1.5 11 38.85 –0.09 .15 51.58 38.01 PortlandGenElec POR 4.7 18 40.58 +0.08 .475 S 39.53 21.91 SouthwestAir LUV 2.4 41 30.09 +0.10 .18 51.83 34.98 TempurSealy TPX .8 23 51.78 +0.78 .11
5.34 1.70 OppFi OPFI ... 54 3.42 –0.20 ... 98.84 78.85 PostHoldings POST ... 20 92.79 +0.63 ... 68.03 53.79 SouthwestGas SWX 4.2 dd 59.42 –1.09 .62 37.35 24.69 Tenaris TS .0 5 32.97 +1.29 .40
127.54 82.04 Oracle ORCL 1.4 32 114.64 +4.97 .40 16.24 12.98 PostalRealty PSTL 6.6 cc 14.42 +0.22.2375 176.39 112.25 SAP SAP .9 59 173.68 +10.232.1864 7.69 4.57 SouthwesternEner SWN ... 1 6.50 +0.09 ... 9.58 5.70 TencentMusic TME ... 21 9.02 +0.51 ...
13.08 10.21 Orange ORAN 4.8 19 12.18 –0.04.3205 25.05 16.41 PowerSchool PWSC ... dd 23.82 –0.26 ... 450.32 321.15 S&P Global SPGI .8 58 446.60 +4.65 .91 85.25 56.69 SpectrumBrands SPB 2.1 2 80.55 +2.55 .42 85.40 49.76 TenetHealthcare THC ... 19 82.89 +0.72 ...
12.66 5.90 OrchidIsland ORC 16.7 dd 8.64 +0.17 .12 83.28 41.56 PrecisionDrilling PDS ... 9 61.34 +5.73 ... 11.54 10.13 SDCLEDGEAcqn SEDA ... cc 10.85 +0.02 ... 43.93 20.69 SphereEnt SPHR ... 2 34.44 +2.76 ... 93.78 63.30 Tennant TNC 1.2 17 92.29 +1.50 .28
30.50 10.84 Organon OGN 6.7 7 16.73 +1.23 .28 68.54 52.90 PrestigeCnsHlth PBH ... dd 62.94 +3.41 ... 15.24 7.04 SeacorMarine SMHI ... dd 11.39 +0.75 ... 10.40 2.80 SpireGlobal SPIR ... dd 7.06 +0.08 ... 57.73 34.18 Teradata TDC ... 79 47.62 –0.38 ...
39.84 25.59 OriginBancorp OBK 1.9 12 32.11 –0.58 .15 230.32 155.68 Primerica PRI 1.2 15 226.04 –0.54 .65 3.64 1.20 SES AI SES ... dd 1.23 –0.24 ... 75.83 53.77 Spire SR 5.2 15 58.15 –0.64 .755 65.64 41.89 Terex TEX 1.1 9 61.50 +4.78 .17
6.07 2.33 OrionGroup ORN ... dd 5.69 +0.50 ... 16.47 12.27 PrimoWater PRMW 2.2 20 14.81 +0.40 .08 12.34 8.43 SFL SFL 8.1 ... 12.27 +0.20 .25 38.55 14.65 SpiritAeroSys SPR ... dd 26.96 –0.30 ... 3.45 0.62 TerranOrbital LLAP ... dd .80 –0.04 ...
9.75 4.41 OrionOffice ONL 7.4 dd 5.40 +0.25 .10 36.19 22.90 PrimorisSvcs PRIM .7 14 32.53 –0.78 .06 14.71 10.88 SITE Centers SITC 3.8 34 13.70 –0.15 .13 20.24 4.04 SpiritAirlines SAVE .0 dd 6.25 –0.43 .10 67.03 50.42 TerrenoRealty TRNO 3.0 32 60.36 –1.79 .45
28.48 19.32 Orion OEC .4 12 22.46 –0.61.0207 20.06 11.87 ProAssurance PRA 1.5 dd 13.60 +0.49 .05 81.86 56.96 SJW Group SJW 2.7 19 60.08 –2.08 .40 215.32 99.80 Spotify SPOT ... dd 214.29 +9.58 ... 6.77 2.43 TetraTech TTI ... 22 4.59 +0.45 ...
101.56 79.64 Orix IX 2.6 11 96.20 +1.351.4781 22.61 18.26 SK Telecom SKM 5.4 10 20.77 +0.12.3482
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

76.86 48.11 ProcoreTech PCOR ... dd 70.93 +1.76 ... 11.45 10.33 SpreeAcqn1 A SHAP ... 37 10.86 +0.01 ... 12.21 7.09 TevaPharm TEVA ... dd 11.91 +0.73 ...
94.49 58.73 OrmatTech ORA .7 36 65.09 –1.61 .12 158.38 135.83 Procter&Gamble PG 2.4 26 156.14 +8.57.9407 50.11 19.06 SLGreenRealty SLG 6.3 dd 47.25 +2.24 .25 17.14 9.69 Sprinklr CXM ... cc 12.76 +0.57 ... 2109.62 1266.21 TexasPacLand TPL .9 29 1488.69 +1.03 3.25
12.51 3.22 OscarHealth OSCR ... dd 12.47 +1.74 ... 182.35 111.41 Progressive PGR .2 27 179.42 +9.28 .75 43.73 24.66 SM Energy SM 1.9 5 37.19 +1.51 .18 40.72 28.04 Sprott SII 2.8 24 36.20 +1.10 .25 49.75 30.22 Textainer TGH 2.4 10 49.66 +0.01 .30
113.08 72.09 Oshkosh OSK 1.5 14 110.48 +3.59 .41 137.52 96.64 Prologis PLD 2.7 40 126.87 –1.57 .87 9.50 3.10 SOS SOS ... dd 3.88 –0.04 ... 12.40 3.27 SprucePower SPRU ... dd 3.81 –0.06 ... 86.65 61.27 Textron TXT .1 19 84.83 +6.04 .02
12.12 9.63 OsirisAcqn OSI ... dd 10.55 ... ... 5.06 3.20 PropertyGuru PGRU ... dd 3.33 ... ... 104.26 61.09 SPX Tech SPXC ... 55 103.28 +2.67 ... 34.38 22.06 Squarespace SQSP ... dd 32.57 +0.89 ... 597.54 415.60 ThermoFisher TMO .3 36 547.33 –4.42 .35
6.25 2.41 OsiskoDevelopment ODV ... dd 2.57 –0.03 ... 11.37 6.33 ProPetro PUMP ... 8 8.40 +0.79 ... 39.61 31.01 STAG Indl STAG 3.9 38 37.98 –0.04.1233 65.99 38.70 St.Joe JOE .9 35 56.18 –0.21 .12 33.62 20.56 Thermon THR ... 26 32.34 +1.27 ...
17.96 11.24 OsiskoGold OR 1.3 86 14.05 –0.13.0452 78.76 49.60 ProsperityBcshs PB 3.4 15 65.75 –0.43 .56 87.99 55.60 SabineRoyalty SBR 9.6 10 64.74 +2.54.4372 42.42 30.15 StandardMotor SMP 2.8 14 40.83 +0.98 .29 152.46 112.84 ThomsonReuters TRI 1.3 31 149.36 –1.81 .49
91.33 73.32 OtisWorldwide OTIS 1.5 ... 88.63 +0.85 .34 40.47 23.01 ProtoLabs PRLB ... dd 37.30 +1.18 ... 4.30 2.97 SafeBulkers SB 4.8 6 4.14 +0.12 .05 168.81 109.23 StandexIntl SXI .8 13 146.65 –3.96 .30 122.00 74.50 ThorIndustries THO 1.7 21 113.60 –0.24 .48
19.20 3.21 Ouster OUST ... dd 5.55 –0.58 ... 24.58 13.43 ProvidentFinSvcs PFS 5.4 10 17.76 +0.74 .24 35.53 15.00 Safehold SAFE 3.5 dd 20.52 +0.25 .177 104.21 73.12 StanleyBlackDck SWK 3.4 dd 94.69 –0.21 .81 12.67 3.50 3D Systems DDD ... dd 5.06 +0.17 ...
21.65 8.18 OutfrontMedia OUT 8.7 dd 13.72 +0.30 .30 107.31 75.37 PrudentialFinl PRU 4.7 69 106.22 +2.78 1.25 285.72 159.66 Salesforce CRM ... cc 279.94 –0.94 ... 81.41 51.18 Stantec STN .7 37 80.95 +0.63 .147 120.85 85.35 3M MMM 6.3 dd 95.99 –11.77 1.50
5.92 3.16 OverseasShip OSG 4.1 9 5.90 +0.11 .06 34.32 19.68 Prudential PUK ... 16 21.87 +1.40 ... 18.42 7.21 SallyBeauty SBH ... 7 12.20 +0.34 ... 13.71 8.08 Starrett A SCX ... 4 13.50 +1.37 ... 77.53 37.76 Tidewater TDW ... 55 73.75 +5.44 ...
52.47 32.07 Ovintiv OVV 2.8 4 42.86 +1.95 .30 65.46 53.71 PublicServiceEnt PEG 4.0 10 57.67 –0.88 .57 36.91 13.28 Samsara IOT ... dd 30.85 –1.41 ... 22.29 16.06 StarwoodProp STWD 9.2 16 20.87 +0.17 .48 9.50 6.05 Tilly's TLYS ... dd 7.50 +0.06 ...
23.66 11.79 Owens&Minor OMI ... dd 20.00 +1.32 ... 316.48 233.18 PublicStorage PSA 4.1 27 289.88 –2.043.00 11.20 4.88 SanJuanBasin SJT 20.0 3 5.05 –0.48.0163 94.74 62.78 StateStreet STT 3.7 14 75.11 –0.75 .69 95.08 65.71 Timken TKR 1.6 14 81.43 +2.55 .33
155.19 88.86 OwensCorning OC 1.6 12 150.20 –0.43 .60 109.26 51.93 PulteGroup PHM .8 9 105.12 –0.95 .20 17.80 12.62 SandRidgeEnergy SD 2.7 3 14.73 +0.68 1.50 48.00 35.69 SteelPartners SPLP ... 5 37.62 –1.02 ... 24.30 15.59 TimkenSteel TMST ... 30 20.64 +0.48 ...
7.50 2.52 Owlet OWLT ... dd 5.98 –0.74 ... 42.48 22.14 PureStorage PSTG ... cc 40.67 –0.23 ... 6.31 4.27 SandstormGold SAND 1.3 93 4.67 –0.09.0149 14.54 6.39 Steelcase SCS 3.1 21 12.92 +0.41 .10 16.83 9.23 TItanIntl TWI ... 8 15.04 +0.71 ...
123.37 82.33 OxfordIndustries OXM 2.7 10 96.57 –0.19 .65 11.11 10.40 PyrophyteAcqn PHYT ... 35 11.09 –0.01 ... 28.87 22.63 SaratogaInvt SAR 12.0 12 23.54 +0.52 .72 23.66 15.07 Stellantis STLA ... 3 21.21 –0.41 ... 27.00 13.77 Toast TOST ... dd 17.45 +0.11 ...
PQ 45.00 18.91 Q2 QTWO ... dd 42.87 –0.63 ... 18.62 8.18 Sasol SSL 8.4 11 8.69 +0.15.5248 29.84 20.24 StellarBancorp STEL 2.0 11 26.60 +0.26 .13 105.91 55.44 Toll Bros TOL .9 8 98.47 –2.62 .21
50.78 34.74 Qiagen QGEN .0 31 44.10 –1.03 1.28 43.95 32.13 SaulCenters BFS 5.9 24 39.71 +0.90 .59 11.36 2.33 Stem STEM ... dd 3.14 +0.33 ... 46.11 29.07 TootsieRoll TR 1.1 27 33.39 ... .09
56.38 31.26 PBF Energy PBF 2.1 2 48.54 +5.82 .25 6.41 2.68 QuadGraphics QUAD ... dd 5.72 +0.51 ... 26.88 10.16 SaversValue SVV ... 73 17.89 +0.60 ... 114.49 63.60 Stepan SCL 1.6 40 91.19 +0.57 .375 383.23 184.50 TopBuild BLD ... 19 366.23 –7.03 ...
18.32 14.71 PG&E PCG .2 19 16.99 +0.09 .01 221.94 138.67 QuakerHoughton KWR .9 cc 194.12 –0.91 .455 62.12 42.73 Schlumberger SLB 2.1 18 52.92 +3.28 .275 254.00 173.21 Steris STE 1.0 39 216.09 –5.34 .52 25.96 9.84 TopgolfCallaway MODG ... 30 13.89 –0.04 ...
41.97 20.11 PGT Innovations PGTI ... 22 41.30 +0.22 ... 35.03 18.71 QuanexBldg NX 1.0 13 31.65 +0.58 .08 31.74 21.39 SchneiderNatl SNDR 1.5 14 24.82 +0.26 .09 36.30 19.27 Stevanato STVN .2 53 31.72 +3.38.0578 117.17 78.35 Toro TTC 1.5 30 93.96 +1.15 .36
37.00 23.46 PHINIA PHIN 3.4 ... 29.64 +0.84 .25 219.17 147.33 QuantaServices PWR .2 42 196.30 –6.13 .09 81.96 45.00 SchwabC SCHW 1.6 25 64.04 +0.26 .25 62.50 36.01 StewartInfo STC 3.1 49 62.21 +3.35 .475 70.67 54.69 TorontoDomBk TD 4.7 15 61.15 +0.73.7627
3.89 2.33 PHX Minerals PHX 3.7 6 3.25 –0.01 .03 13.86 4.99 QuantumScape QS ... dd 6.63 +0.08 ... 136.05 95.43 ScienceApplicat SAIC 1.1 14 130.93 +1.43 .37 75.12 53.48 StifelFinancial SF 1.9 17 74.02 +3.81 .36 6.86 1.21 Torrid CURV ... 45 5.13 –0.39 ...
104.16 59.61 PJT Partners PJT 1.0 31 96.84 –1.25 .25 2.54 1.07 Qudian QD ... 5 2.03 –0.11 ... 71.66 40.34 ScorpioTankers STNG 2.0 6 71.65 +6.54 .35 55.85 37.21 STMicroelec STM .5 10 44.62 –0.37 .06 11.21 10.07 TortoiseEcoIII A TRTL ... 38 10.68 –0.03 ...
27.00 19.02 PLDT PHI 5.4 24 22.69 –0.07.8628 150.57 119.59 QuestDiag DGX 2.2 20 130.44 –2.13 .71 88.61 43.67 ScottsMiracleGro SMG 4.6 dd 57.81 –1.05 .66 24.83 14.18 Stoneridge SRI ... dd 18.28 +1.34 ... 69.63 54.94 TotalEnergies TTE ... 8 65.54 +1.68 ...
167.12 109.40 PNC Finl PNC 4.1 12 151.60 +0.81 1.55 8.90 3.71 ScullyRoyalty SRL 9.9 dd 7.95 +0.10 .17 69.70 35.61 Stride LRN ... 15 60.25 –1.39 ... 12.65 7.08 TownsquareMedia TSQ 6.7 dd 11.20 +0.71.1875
R
49.48 35.17 PNM Resources PNM 4.2 21 37.03 +1.02.3875 88.84 34.35 Sea SE ... 35 39.57 +3.17 ... 317.82 248.96 Stryker SYK 1.0 46 311.36 –3.69 .80 202.00 132.35 ToyotaMotor TM 2.0 10 198.06 –2.612.0025
133.09 58.65 POSCO PKX 1.9 17 77.28 –1.57.4803 288.16 195.18 RBC Bearings RBC ... 48 271.85 –8.56 ... 16.18 9.72 SeabridgeGold SA ... dd 10.40 –0.16 ... 9.57 4.22 StudioCity MSC ... dd 6.51 +0.11 ... 6.70 2.05 Traeger COOK ... dd 2.31 ... ...
152.89 120.33 PPG Ind PPG 1.8 27 143.04 +1.65 .65 68.25 51.07 RB Global RBA 1.7 74 62.26 –1.73 .27 50.72 33.78 SeaDrill SDRL ... 6 46.26 +0.83 ... 61.34 42.98 SturmRuger RGR 2.9 14 44.15 +0.48 .17 255.00 162.04 TraneTech TT 1.2 30 251.51 +2.59 .75
30.04 22.20 PPL PPL 3.7 25 25.89 –0.12 .24 11.89 10.34 RCF Acqn A RCFA ... 24 11.07 +0.09 ... 56.43 28.50 SealedAir SEE 2.2 17 36.84 +1.63 .20 22.33 14.42 SuburbanPropane SPH 6.5 10 19.90 +2.26 .325 10.40 7.22 Transalta TAC 2.1 5 7.53 –0.05.0437
44.81 20.57 ProgHoldings PRG ... 10 31.85 +2.16 ... 41.83 28.79 RELX RELX 1.7 38 41.74 –0.01.2195 68.19 40.87 SeaWorldEnt SEAS ... 13 50.90 –0.32 ... 10.58 7.53 SumitomoMits SMFG 2.9 12 10.12 +0.29 .182 46.42 27.23 TrancntlRlty TCI ... 5 40.46 +1.44 ...
40.99 23.96 PROS PRO ... dd 35.84 +0.12 ... 24.28 8.61 RE/MAX RMAX 8.2 dd 11.25 +1.04 .23 33.51 21.28 SelectMedical SEM 1.9 15 26.33 –0.45 .125 8.81 5.31 SummitHotelProp INN 3.6 dd 6.76 –0.02 .06 1089.96 686.46 TransDigm TDG .0 49 1082.48 +25.3535.00
35.57 4.30 PSQ PSQH ... dd 5.39 +0.30 ... 19.28 9.85 REV REVG 1.1 24 18.03 +0.58 .05 9.06 5.52 SelectWater WTTR 2.7 15 7.72 +0.61 .06 39.56 25.43 SummitMaterials SUM ... 14 36.50 +0.16 ... 8.88 5.23 Transocean RIG ... dd 5.71 +0.37 ...
13.41 8.30 P10 PX 1.4 dd 9.23 +0.17.0325 406.38 207.26 RH RH ... 30 272.64 +13.29 ... 2.94 0.77 SelectQuote SLQT ... dd 1.18 +0.13 ... 21.40 13.00 SummitMidstream SMLP ... dd 16.62 +0.34 ... 15.77 8.11 TransportadGas TGS ... 16 15.47 +1.06 ...
124.14 69.27 PVH PVH .1 15 123.36 +2.58.0375 149.65 123.05 RLI RLI .8 21 138.21 –5.992.00 81.36 63.75 Sempra SRE 3.4 16 70.91 –1.97 .595 163.83 102.74 SunComms SUI 3.0 68 124.08 –5.11 .93 82.75 42.09 TransUnion TRU .6 dd 67.69 –1.26 .105
176.97 122.20 PackagingCpAm PKG 2.9 20 171.96 +7.58 1.25 12.92 9.07 RLJ Lodging RLJ 3.4 38 11.81 +0.09 .10 14.09 7.21 Semrush SEMR ... dd 11.77 +0.04 ... 53.21 43.53 SunLifeFinancial SLF 4.5 12 51.39 +0.41.5742 44.99 32.10 Travel+Leisure TNL 4.3 9 41.60 +2.12 .45
35.33 19.18 PagerDuty PD ... dd 23.79 –2.07 ... 3.00 1.39 RLX Tech RLX .4 cc 1.80 –0.03.008 20.83 10.44 SendasDistrib ASAI ... 24 14.04 –0.35 ... 11.21 6.71 SunCokeEnergy SXC 3.9 16 10.36 –0.05 .10 215.21 157.33 Travelers TRV 1.9 16 211.43 –0.24 1.00
13.40 6.93 PagSeguroDig PAGS ... 14 13.32 +0.72 ... 10.17 6.34 RPC RES 2.2 8 7.41 +0.92 .04 54.34 30.56 SensataTech ST 1.4 17 35.45 +1.00 .12 35.51 27.59 SuncorEnergy SU 4.9 7 32.74 +1.25.3843 12.51 4.35 Tredegar TG .0 dd 4.91 +0.12 .13
21.85 7.14 PalantirTech PLTR ... cc 16.35 –0.43 ... 113.37 78.52 RPM RPM 1.7 26 107.41 –0.69 .46 79.19 52.90 SensientTech SXT 2.6 21 62.79 +1.68 .41 15.40 2.97 SunlandsTech STG ... 1 9.60 +0.86 ... 55.30 36.11 TreeHouseFoods THS ... 30 42.00 +1.07 ...
52.17 26.86 PampaEnergia PAM ... 4 49.94 +2.16 ... 104.91 68.56 RTX RTX 2.6 40 90.41 +4.88 .59 27.97 12.43 SentinelOne S ... dd 26.34 +1.50 ... 24.56 7.62 SunnovaEnergy NOVA ... dd 10.24 +0.25 ... 84.68 44.90 Trex TREX ... 46 81.23 –1.07 ...
19.85 13.13 PanAmerSilver PAAS 2.9 dd 13.89 +0.29 .10 24.33 16.94 RXO RXO ... dd 22.04 –0.24 ... 3.25 1.86 SequansComms SQNS ... ... 2.89 +0.03 ... 63.96 40.81 Sunoco SUN 5.8 10 58.25 –1.21 .842 36.37 21.14 TriPointe TPH ... 9 34.79 –0.32 ...
37.50 20.30 ParPacific PARR ... 4 35.80 +2.13 ... 29.57 20.01 RadianGroup RDN 3.1 8 29.26 +0.15 .225 12.79 7.07 SeritageGrowth SRG ... dd 9.35 –0.25 ... 11.38 8.60 SunstoneHotel SHO 2.2 27 10.78 +0.04 .06 11.15 6.53 TriconRes TCN 2.1 18 11.02 –0.05 .058
49.84 24.76 ParTechnology PAR ... dd 47.79 +3.16 ... 2.52 1.44 Rafael RFL ... dd 1.79 +0.07 ... 74.66 52.89 ServiceIntl SCI 1.7 22 69.26 +1.87 .29 4.18 2.63 SuperGroup SGHC ... ... 3.14 +0.12 ... 123.67 73.66 TriNet TNET ... 19 115.49 –0.81 ...
19.72 7.95 Paragon28 FNA ... dd 12.28 +1.00 ... 148.04 103.17 RalphLauren RL 2.1 18 144.10 +6.01 .75 783.88 405.37 ServiceNow NOW ... 91 769.44 +20.33 ... 7.38 2.49 SuperiorIndsIntl SUP ... dd 3.34 +0.16 ... 28.97 20.04 TrinityIndustries TRN 4.3 29 25.87 +1.18 .28
6.74 3.90 ParamountGroup PGRE 2.8 dd 5.04 +0.06 .035 37.88 22.61 RangeResources RRC 1.1 5 29.89 +0.19 .08 75.12 39.27 ServisFirst SFBS 1.8 16 66.52 +2.82 .30 5.00 0.65 SurfAirMobility SRFM ... dd 1.10 –0.17 ... 30.54 5.21 Trinseo TSE .6 dd 6.50 +0.89 .01
16.92 11.91 ParkAerospace PKE 3.2 34 15.69 +1.46 .125 14.64 9.27 RangerEnergySvcs RNGR 1.9 9 10.48 +0.95 .05 80.58 52.01 ShakeShack SHAK ... cc 73.68 +6.21 ... 11.60 7.46 Suzano SUZ 1.7 4 10.75 +0.24.3429 17.33 11.85 TripleFlagPrecMtl TFPM 1.6 54 12.77 +0.44.0525
January 29, 2024 BARRON’S 41

D ATA NYSE NASDAQ ISSUES B A R R ON S .C OM / D ATA


–52-Week– Tick Div –52-Week– Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

Five-Day Nasdaq Composite


12.87 9.13 TriplePtVent TPVG13.9 dd 11.48 +0.59 .40 33.78 23.33 VistaOutdoor VSTO ... dd 28.50 –0.90 ... A
10.92 10.21 TristarAcqnI TRIS ... 35 10.86 +0.01 ... 40.86 21.18 Vistra VST 2.1 12 40.78 +0.61 .213
75.24 48.84 AAON AAON .5 34 69.94 –0.38 .08
17.27 7.00 TriumphGroup TGI ... dd 15.83 +0.33 ... 62.87 39.74 VitalEnergy VTLE ... 1 43.79 +2.46 ...
33.99 17.71 AcadiaPharm ACAD ... dd 26.94 –0.35 ...
17.61 10.08 Tronox TROX 3.5 dd 14.22 +1.61 .125 27.39 15.11 VitesseEnergy VTS 9.3 29 21.50 +0.90 .50
29.88 5.70 ACELYRIN SLRN ... dd 7.15 +1.25 ...
20.32 10.15 TrueBlue TBI ... dd 14.37 +0.32 ... 35.84 21.84 Vontier VNT .3 16 34.53 –0.79 .025
31.23 19.56 ACI Worldwide ACIW ... 38 30.53 +0.52 ... A Wreck on the Highway: Tesla and Intel disappointed. Netflix did not.
50.57 25.56 TruistFinl TFC 5.5 dd 37.84 +0.37 .52 32.21 12.31 VornadoRealty VNO 4.1 dd 28.92 +1.57 .30
25.24 15.50 TsakosEnergy TNP 2.4 2 24.90 +0.58 .30 78.11 62.79 VoyaFinancial VOYA 2.2 12 72.18 +0.32 .40
5.14
22.47
1.78
8.75
AC Immune
ACM Research
ACIU ...
ACMR ...
dd
17
3.52
18.98
–0.63 ...
–1.48 ...
The Nasdaq Composite Index ended Friday at 15,455—up 1% for the
5.91 0.61 Tupperware TUP ... ... 1.83 –0.09 ... 229.80 159.76 VulcanMatls VMC .8 36 222.36 –3.72 .43 18.68 9.45 ACV Auctions ACVA ... dd 13.45 –0.21 ... week.
5.66 3.52 TurkcellIletism TKC 1.2 6 5.62 +0.41.0953 5.34 2.95 ADMA Biologics ADMA ... dd 5.09 +0.08 ...
W
26.69 19.67 TurningPoint TPB 1.0 43 25.32 +0.83 .065 19.20 4.91 Adtran ADTN 5.2 dd 6.95 –0.08 .09
9.60 4.90 TutorPerini TPC ... dd 8.82 +0.68 ... Monday Tuesday Wednesday Thursday Friday
6.68 2.55 W&T Offshore WTI 1.2 8 3.26 +0.64 .01 16.15 9.91 AFC Gamma AFCG16.8 7 11.92 +0.09 .48
3.12 1.23 Tuya TUYA ... dd 1.89 –0.05 ... 99.26 75.47 WEC Energy WEC 4.2 18 79.87 –0.16 .835 12.25 6.81 AGNC Invt AGNC14.7 ... 9.81 +0.02 .12 15,640
79.70 45.02 Twilio TWLO ... dd 71.91 –1.45 ... 208.31 161.95 WEX WEX ... 33 207.18 +5.63 ... 12.25 10.31 AIBAcqnA AIB ... dd 11.63 +0.07 ...
11.60 10.00 twoA TWOA ... 87 10.66 +0.01 ... 21.00 9.65 WKKellogg KLG 4.7 ... 13.69 +0.93 .16 0.15 0.08 AIBAcqnRt AIBBR ... ... .13 +0.02 ...
18.67 9.83 TwoHarbors TWO14.4 dd 13.56 +0.06 .45 94.96 51.84 WNS WNS ... 21 70.43 +2.61 ... 15.93 3.94 AlxOncology ALXO ... dd 14.74 +1.43 ...
451.71 305.06 TylerTech TYL ... cc 430.62 +0.29 ... 84.13 50.28 W.P.Carey WPC 5.5 17 62.84 –2.82 .86 27.46 9.96 AMC Networks AMCX ... dd 18.44 +0.77 ... 15,550
65.81 44.94 TysonFoods TSN 3.6 dd 54.99 +1.89 .48 64.07 41.13 WPP WPP 5.0 17 49.10 +3.04.9108 57.06 45.34 Amerisafe AMSF 2.8 15 49.00 +1.20 3.50
30.10 20.09 WabashNational WNC 1.2 6 25.72 +1.10 .08 42.11 23.14 A-MarkPrecMet AMRK 3.0 5 26.99 –0.39 .20
U 65.89 36.54 ANI Pharm ANIP ... 91 54.64 –0.77 ...
131.93 91.89 Wabtec WAB .5 31 129.98 +1.97 .17 15,460
364.31 258.01 Ansys ANSS ... 60 332.24 –4.76 ...
31.40 17.99 UBS Group UBS 1.8 3 29.87 +0.85 .55 113.67 61.06 Walker&Dunlop WD 2.5 29 100.14 +1.13 .63
22.22 4.87 AN2 Therap ANTX ... dd 19.50 +0.90 ...
45.46 30.95 UDR UDR 4.6 27 36.69 –0.92 .42 6.53 1.24 Wallbox WBX ... ... 1.46 ... ...
46.98 29.95 APA APA 3.1 7 32.11 +1.74 .25
43.19 20.19 UGI UGI 6.4 dd 23.17 +1.07 .375 169.94 136.09 Walmart WMT 1.4 27 164.27 +1.89 .57
19.96 10.27 ARKRestaurants ARKR 5.0 dd 15.11 +0.11.1875 15,370
73.03 48.07 U-Haul UHAL ... 18 67.02 +0.41 ... 17.88 9.50 WarbyParker WRBY ... dd 12.97 –0.21 ...
9.65 2.55 ARS Pharm SPRY ... dd 6.29 +0.24 ...
71.52 43.62 U-Haul N UHAL.B .3 17 65.33 +1.34 .05 69.97 31.97 WarriorMetCoal HCC .4 7 64.82 –5.15 .07 883.28 564.00 ASML ASML .6 40 867.75 +109.921.6144 +49.32 +65.66 +55.97 +28.58 -55.13
18.87 13.26 UMH Prop UMH 5.3 dd 15.41 –0.23 .205 154.63 126.12 WasteConnections WCN .7 48 154.41 +2.21 .285 12.02 10.26 A SPAC II ASCB ... 36 10.92 –0.33 ... (Previous Friday Close)
60.59 41.43 Unitil UTL 3.3 18 49.00 +0.42.405 186.40 148.31 WasteMgt WM 1.5 33 185.81 +1.36 .70 0.99 0.01 A SPAC II Rt ASCBR ... ... .06 –0.03 ... 15,280
26.93 18.48 USA Compression USAC 8.0 cc 26.19 +1.47 .525 3.30 0.97 Waterdrop WDH ... 12 1.00 ... ... 7.14 2.73 AST Space ASTS ... dd 2.79 –0.30 ... 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
69.60 44.01 UsanaHealth USNA ... 16 48.55 +1.08 ... 346.99 231.90 Waters WAT ... 29 316.12 +3.67 ... 2.49 0.79 ATA Creativity AACG ... dd 1.08 –0.01 ...
48.47 13.79 US Cellular USM ... cc 46.51 +2.83 ... 433.19 274.61 Watsco WSO 2.6 26 383.51 –16.69 2.45 2.39 1.02 ATAI Life ATAI ... dd 1.72 +0.02 ...
47.10 33.96 US Foods USFD ... 26 45.24 –0.76 ... 422.25 274.75 Watsco B WSO.B 2.5 26 390.85 –21.75 2.45 52-Week Tick Div 52-Week Tick Div
50.27 27.53 ATN Intl ATNI 2.5 dd 37.77 +1.70 .24 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
124.11 78.08 US PhysTherapy USPH 1.8 55 94.15 +0.71 .43 213.14 153.25 WattsWater WTS .7 24 198.99 –1.53 .36 1.93 0.57 AVROBIO AVRO ... dd 1.36 +0.03 ... 7.24 0.62 AlloVir ALVR ... dd .71 +0.03 ... 17.57 1.76 ArcutisBiotherap ARQT ... dd 5.30 +2.05 ...
14.64 10.18 US Silica SLCA ... 6 11.01 +0.62 ... 90.71 29.51 Wayfair W ... dd 56.17 +0.04 ... 6.57 1.89 AXT AXTI ... dd 2.58 –0.07 ... 234.70 148.10 AlnylamPharm ALNY ... dd 179.62 –4.41 ... 9.38 2.78 Ardelyx ARDX ... dd 9.06 +0.78 ...
7.43 4.06 UWM UWMC 6.1 dd 6.56 +0.21 .10 13.39 4.04 WeaveComms WEAV ... dd 12.80 +1.75 ... 11.38 3.87 AbCelleraBio ABCL ... dd 5.32 +0.08 ... 38.87 20.03 Alpha&Omega AOSL ... dd 26.80 –0.74 ... 20.62 16.95 AresCapital ARCC 9.3 9 20.56 +0.20 .48
66.05 29.22 Uber UBER ... cc 65.52 +0.41 ... 56.00 31.03 WebsterFin WBS 3.1 10 51.21 +0.89 .40 12.87 8.00 Abivax ABVX ... dd 12.56 +0.99 ... 11.66 10.32 AlphaStarAcqn ALSA ... 34 11.22 +0.02 ... 550.76 327.73 argenx ARGX ... dd 382.59 +15.69 ...
303.76 103.00 Ubiquiti UI 1.8 20 131.58 +6.10 .60 88.55 58.75 WeisMarkets WMK 2.2 15 61.47 +1.35 .34 5.47 1.11 Absci ABSI ... dd 3.71 +0.30 ... 0.23 0.01 AlphaStarRt ALSAR ... ... .09 –0.03 ... 4.45 0.92 ArgoBlockchain ARBK ... dd 2.29 +0.41 ...
26.53 12.38 UiPath PATH ... dd 22.74 +0.51 ... 50.77 35.25 WellsFargo WFC 2.8 10 50.32 +2.20 .35 4.66 3.43 AcaciaResearch ACTG ... dd 4.06 +0.27 ... 6.47 1.62 AlphaTeknova TKNO ... dd 3.23 +0.31 ... 15.27 6.75 Arhaus ARHS ... 12 12.14 +0.45 ...
5.81 2.38 UltraparPart UGP 1.1 15 5.78 +0.17.0516 93.42 65.18 Welltower WELL 2.8 cc 87.39 –2.46 .61 69.02 42.83 AcademySports ASO .6 10 64.89 +1.97 .09 153.05 88.58 Alphabet A GOOGL ... 29 152.19 +5.81 ... 11.53 10.18 AriszAcqnA ARIZ ... 66 11.11 +0.13 ...
13.05 6.29 UnderArmour A UAA ... 9 7.68 +0.17 ... 185.23 121.91 WescoIntl WCC .9 11 171.38 –3.22 .375 87.39 66.49 AcadiaHealthcare ACHC ... dd 84.18 –1.74 ... 154.76 88.86 Alphabet C GOOG ... 29 153.79 +5.82 ... 0.42 0.05 AriszAcqnRt ARIZR ... ... .18 ... ...
11.42 5.86 UnderArmour C UA ... 8 7.46 +0.19 ... 91.44 64.11 WestFraserTimber WFG 1.5 dd 81.03 –1.84 .30 17.01 6.33 Accolade ACCD ... dd 12.15 +0.41 ... 19.14 8.66 Alphatec ATEC ... dd 16.25 +0.81 ... 79.94 46.50 Arm ARM ... ... 71.17 –7.41 ...
10.54 5.85 Unifi UFI ... dd 6.19 –0.07 ... 415.73 258.95 WestPharmSvcs WST .2 49 361.36 +18.62 .20 4.30 2.37 Accuray ARAY ... dd 2.75 –0.03 ... 10.93 10.10 AlphaVestAcqn ATMV ... 48 10.77 +0.03 ... 12.20 10.00 ArmadaAcqnI AACI ... dd 10.90 +0.01 ...
205.59 150.50 Unifirst UNF .8 29 171.96 +6.02 .33 81.17 7.46 WestAllianceBcp WAL 2.2 10 67.34 +2.34 .37 12.45 10.34 AchariVenturesI AVHI ... dd 10.84 –0.08 ... 0.57 0.07 AlphaVestAcqnRt ATMVR ... ... .09 –0.06 ... 11.67 10.19 ArogoCapA AOGO ... 19 10.77 –0.05 ...
55.99 46.16 Unilever UL 3.8 14 48.37 +1.20.4539 30.20 23.79 WesternMidstrm WES 7.8 11 29.40 +1.62 .575 1.29 0.74 AchillesTherap ACHL ... dd .96 +0.14 ... 25.34 6.40 AlpineImmune ALPN ... dd 25.12 +5.28 ... 26.64 12.52 ArrayTech ARRY ... 34 13.02 +0.04 ...
246.99 183.69 UnionPacific UNP 2.2 23 240.39 +1.12 1.30 14.66 10.07 WesternUnion WU 7.5 6 12.47 +0.40 .235 18.54 0.59 AclarisTherap ACRS ... dd 1.23 +0.09 ... 88.99 51.83 AltairEngg ALTR ... dd 85.24 –0.48 ... 21.75 0.70 Arrival ARVL ... ... .74 –0.40 ...
7.77 2.60 Unisys UIS ... dd 7.22 +0.51 ... 143.61 102.64 Westlake WLK 1.4 15 141.19 +2.71 .50 24.20 8.98 AcordaTherap ACOR ... dd 16.55 –0.06 ... 11.86 10.16 AltEnergyA AEAE ... 70 10.95 ... ... 25.95 18.00 ArriVentBio AVBP ... ... 20.00 +2.00 ...
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8.97 6.71 UnitedMicro UMC 5.7 9 7.84 –0.12 .586 43.58 26.84 WestRock WRK 2.9 dd 42.39 +2.40.3025 25.47 3.41 AcrivonTherap ACRV ... dd 3.82 –0.53 ... 11.36 0.97 AlternusCleanEner ALCE ... 7 1.02 –0.01 ... 32.18 16.38 ArrowFinancial AROW 4.0 13 26.69 +0.80 .27
43.95 12.88 UnitedNatFoods UNFI ... dd 14.90 +0.25 ... 14.20 8.91 Westwood WHG 4.9 21 12.23 +0.96 .15 11.31 1.81 AcumenPharm ABOS ... dd 3.24 –0.38 ... 15.95 2.09 Altimmune ALT ... dd 9.33 +0.08 ... 42.48 20.67 ArrowheadPharm ARWR ... dd 32.75 –1.00 ...
197.80 133.68 UPS B UPS 4.1 16 159.30 +2.41 1.62 36.00 27.65 Weyerhaeuser WY 2.3 29 33.11 +0.26 .19 4.38 1.10 Adagene ADAG ... dd 3.95 +1.31 ... 7.55 2.38 AltisourcePortf ASPS ... dd 3.13 +0.15 ... 8.08 3.57 Arteris AIP ... dd 6.01 +0.77 ...
1.95 0.42 Adaptimmune ADAP ... dd .73 +0.03 ...
658.51 325.15 UnitedRentals URI 1.0 18 630.75 +58.72 1.63 52.76 38.37 WheatonPrecMet WPM 1.3 40 46.77 +0.58 .15 14.75 6.70 Alvotech ALVO ... dd 14.65 +0.51 ... 61.98 35.81 ArtesianRscs A ARTNA 3.2 23 36.75 –0.39.2897
10.38 2.61 AdaptiveBiotech ADPT ... dd 3.95 –0.17 ... 27.77 14.05 AmalgamFin AMAL 1.5 9 26.24 +0.67 .10
49.93 27.27 US Bancorp USB 4.6 13 42.64 +0.63 .49 14.60 0.98 WheelsUp UP ... dd 3.10 –0.23 ... 42.84 13.57 Arvinas ARVN ... dd 36.83 +0.41 ...
114.99 77.30 AddusHomeCare ADUS ... 25 89.50 –1.69 ... 2.23 0.65 Amarin AMRN ... dd 1.32 +0.27 ...
50.20 20.40 US Steel X .4 11 48.31 +0.48 .05 160.74 98.40 Whirlpool WHR 6.0 dd 115.96 +3.34 1.75 140.00 64.33 AscendisPharma ASND ... dd 132.46 +0.44 ...
12.72 7.12 Adeia ADEA 1.6 10 12.13 +0.72 .05
554.70 445.68 UnitedHealth UNH 1.5 21 503.20 –0.36 1.88 1649.39 1312.00 WhiteMtnIns WTM .1 16 1596.80 –41.20 1.00 160.72 88.12 Amazon.com AMZN ... 83 159.12 +3.78 ... 11.56 7.20 AscentIndustries ACNT ... dd 10.45 –0.25 ...
9.53 1.10 AdicetBio ACET ... dd 2.53 +0.09 ...
50.08 22.20 UnitySoftware U ... dd 33.11 –0.03 ... 12.88 8.21 WhitestoneREIT WSR 3.8 17 12.79 +0.10 .04 99.86 43.59 Ambarella AMBA ... dd 54.77 –0.96 ... 247.96 161.32 AspenTech AZPN ... dd 201.44 –1.53 ...
19.30 7.82 AdlaiNortye ANL ... ... 9.21 +0.22 ...
67.80 44.40 Universal UVV 5.5 12 58.43 –0.17 .80 12.45 2.81 WideOpenWest WOW ... dd 3.74 +0.32 ... 28.15 1.28 AmbrxBio AMAM ... ... 27.76 +0.11 ... 1.78 0.64 AssemblyBiosci ASMB ... dd .90 +0.04 ...
633.89 318.60 Adobe ADBE ... 52 613.93 +2.38 ...
57.52 37.00 UniversalHealth UHT 6.9 33 42.15 +0.75 .725 49.58 28.84 Wiley A WLY 4.0 dd 35.15 +2.40 .35 99.75 78.38 Amdocs DOX 1.9 21 92.23 –0.43 .435 56.33 28.97 AstecIndustries ASTE 1.4 46 35.88 +2.05 .13
3.78 1.17 AdvEmissions ADES ... dd 3.17 +0.26 ...
160.36 113.69 UniversalHealthB UHS .5 17 157.57 –0.24 .20 49.19 28.35 Wiley B WLYB 4.1 dd 33.95 +1.35 .35 106.02 69.36 Amedisys AMED ... cc 94.89 +0.12 ... 76.56 61.73 AstraZeneca AZN 2.1 35 67.10 +0.56 .465
126.38 81.86 AdvEnergyInds AEIS .4 29 105.03 –0.58 .10
20.15 11.16 UnivInsurance UVE 3.8 7 16.87 +0.37 .13 37.45 27.80 Williams WMB 5.1 16 34.87 +1.01.4475 19.08 10.86 AmerAirlines AAL ... 14 15.13 +1.47 ... 15.70 4.26 AstriaTherap ATXS ... dd 10.75 +3.02 ...
184.92 72.03 AdvMicroDevices AMD ... cc 177.25 +3.02 ...
15.19 5.63 UnvlTechInst UTI ... cc 15.19 +1.24 ... 212.52 109.44 Williams-Sonoma WSM 1.7 14 208.55 +2.13 .90 96.05 69.38 AEP AEP 4.5 18 77.84 +0.14 .88 22.44 12.13 Astronics ATRO ... dd 17.28 +0.41 ...
4.14 1.13 AdvantageSolns ADV ... dd 4.04 +0.16 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

52.15 36.27 UnumGroup UNM 3.1 8 47.41 +1.34 .365 75.42 53.94 Winnebago WGO 1.9 13 66.55 –1.03 .31 50.76 25.26 AmerNatlBkshrs AMNB 2.5 19 47.57 +0.54 .30 18.83 11.63 AstroNova ALOT ... 40 17.98 +0.28 ...
8.99 1.16 Aemetis AMTX ... dd 3.47 +0.35 ...
18.79 13.13 UrbanEdgeProp UE 3.6 51 17.66 +0.18 .16 6.39 4.32 Wipro WIT .4 23 5.72 –0.06.0107 11.25 6.97 AmOutdoorBrands AOUT ... dd 9.50 +0.36 ... 5.64 0.20 AtaraBiotherap ATRA ... dd .60 –0.03 ...
28.43 9.41 AerovateTherap AVTE ... dd 17.68 –2.59 ...
19.11 11.17 UtzBrands UTZ 1.3 84 17.41 +1.27 .057 7.55 5.52 WisdomTree WT 1.7 28 7.06 –0.33 .03 13.51 3.76 AmerPubEduc APEI ... dd 11.86 –0.22 ... 5.19 2.77 AteaPharm AVIR ... dd 3.84 +0.27 ...
143.99 83.55 AeroVironment AVAV ... dd 122.10 –0.86 ...
87.93 27.35 Wolfspeed WOLF ... dd 34.09 +1.70 ... 15.88 9.38 AmerSoftware AMSWA 3.8 43 11.68 +0.04 .11 4.41 1.33 AthiraPharma ATHA ... dd 3.09 +0.21 ...
11.14 10.25 AetheriumAcqnA GMFI ... cc 10.90 +0.02 ...
V 17.37 3.63 AmerSupercond AMSC ... dd 13.77 +4.10 ... 50.15 33.95 AtlantaBravesC BATRK ... dd 40.30 +0.71 ...
17.85 7.21 WolverineWwide WWW 4.7 dd 8.59 +0.35 .10 52.48 8.80 AffirmHldgs AFRM ... dd 41.34 –0.83 ...
95.55 47.98 AmericanWoodmark AMWD ... 14 92.74 –0.10 ... 54.94 36.78 AtlantaBravesA BATRA ... dd 43.31 +0.75 ...
32.13 12.85 VF VFC 2.1 dd 17.35 +1.64 .09 26.16 19.02 WoodsideEnergy WDS10.6 6 20.67 +0.36 .80 11.39 0.46 AfricanAgriculture AAGR ... dd .94 +0.10 ...
127.96 58.12 AmerCarMart CRMT ... dd 62.26 –0.67 ... 2.75 1.49 AtlanticAmerican AAME .8 21 2.62 –0.01 .02
4.00 0.78 ViaOptronics VIAO ... dd .78 ... ... 33.09 24.46 WooriFinl WF 8.5 3 29.77 +0.80.4096 22.48 9.66 Afya AFYA ... 26 20.31 –2.06 ...
53.99 28.33 AmerisBancorp ABCB 1.1 14 52.74 +1.20 .15 11.40 9.79 AtlCoastal II A ACAB ... 78 10.82 +0.26 ...
35.07 26.63 VICI Prop VICI 5.5 13 30.40 –0.16 .415 116.00 83.00 Workiva WK ... dd 93.70 –2.98 ... 91.61 62.00 Agilysys AGYS ... 28 88.36 +5.52 ...
4.12 2.41 AmeriServFin ASRV 3.8 dd 3.16 +0.02 .03 29.81 16.35 AtlanticaSust AY 9.3 46 19.14 –0.21.445
30.65 17.69 WorldKinect WKC 2.5 13 22.62 +0.56 .14 31.50 19.80 AgiosPharm AGIO ... dd 23.38 +1.65 ...
10.56 4.82 Vizio VZIO ... 68 7.23 +0.17 ... 312.45 211.71 Amgen AMGN 2.9 22 311.77 +3.96 2.25 43.70 21.65 Atlanticus ATLC ... 9 36.02 +1.02 ...
59.73 31.91 WorthingtonEnts WOR 1.1 9 56.50 +1.30 .32 4.85 2.37 Agora API ... dd 2.73 +0.12 ...
10.65 6.80 VOC Energy VOC 11.5 7 7.45 –0.07 .19 14.57 9.70 AmicusTherap FOLD ... dd 12.34 +0.31 ... 254.09 128.02 Atlassian TEAM ... dd 247.79 +4.83 ...
35.01 21.00 WorthingtonSteel WS 2.2 ... 29.58 +1.76 .16 10.14 10.05 Agric&NatSolnsA ANSC ... ... 10.12 +0.01 ...
8.26 3.24 VTEX VTEX ... ... 8.16 +0.45 ... 34.44 17.58 AmkorTech AMKR 1.0 20 32.62 –0.01.0787 28.69 14.80 AtourLifestyle ATAT .7 41 17.98 –0.04 .15
81.73 63.69 WyndhamHtls WH 1.8 23 79.75 –0.65 .35 10.18 10.15 AimeiHlthTech AFJK ... ... 10.17 ... ...
56.75 36.45 V2X VVX ... dd 39.95 +1.08 ... 6.30 1.24 AmnealPharm AMRX ... 87 5.49 +0.09 ... 2.05 0.10 Atreca BCEL ... dd .25 –0.05 ...
0.21 0.18 AimeiHlthTechRt AFJKR ... ... .19 ... ...
5.22 3.51 VaalcoEnergy EGY 5.6 14 4.47 +0.23.0625 XYZ 67.66 29.91 AmphastarPharm AMPH ... 21 53.88 –1.16 ... 59.61 32.17 AtriCure ATRC ... dd 33.25 –0.27 ...
28.62 12.53 AirT AIRT ... dd 16.80 +2.20 ...
266.26 204.88 VailResorts MTN 3.6 42 228.08 +4.92 2.06 11.98 3.59 AmtechSystems ASYS ... dd 4.40 +0.19 ... 700.87 274.98 Atrion ATRI 2.8 27 319.98 –16.62 2.20
28.70 14.03 AirTransportSvcs ATSG ... 11 16.55 +0.35 ...
80.00 54.13 Valaris VAL ... 88 68.73 +2.47 ... 5.00 2.65 XFinancial XYF .0 1 4.00 +0.01 .30 41.93 11.82 AmylyxPharm AMLX ... dd 15.38 +0.37 ... 24.60 18.80 AuburnNatlBncp AUBN 5.3 7 20.38 –1.17 .27
154.95 103.55 Airbnb ABNB ... 18 149.62 +9.69 ...
19.11 12.22 Vale VALE 8.3 7 14.17 +0.37.1541 90.84 29.02 XPO XPO ... cc 86.89 +1.98 ... 202.77 154.99 AnalogDevices ADI 1.8 30 193.93 –0.84 .86 20.60 7.14 AudioCodes AUDC 3.0 30 12.05 +0.02 .18
9.94 4.29 AirSculptTech AIRS ... dd 7.68 –0.09 ...
5.99 1.95 ValensSemicon VLN ... dd 2.33 +0.33 ... 15.30 10.90 XeniaHotels XHR 2.9 33 13.70 +0.50 .10 27.48 13.36 AnaptysBio ANAB ... dd 23.61 +0.14 ... 13.50 5.99 AuraBiosciences AURA ... dd 7.59 –0.12 ...
13.36 1.42 AirshipAI AISP ... dd 1.52 +0.02 ...
152.20 104.18 ValeroEnergy VLO 3.1 6 137.91 +9.75 1.07 7.55 1.92 XinyuanRealEst XIN ... dd 2.75 +0.23 ... 11.93 4.90 AnavexLifeSci AVXL ... dd 6.33 +0.28 ... 11.64 10.30 AuraFatProjectsA AFAR ... 49 11.04 +0.05 ...
125.50 70.65 AkamaiTech AKAM ... 37 123.06 +2.71 ...
26.60 10.80 Valhi VHI 2.2 dd 14.65 +1.01 .08 23.62 7.51 XPeng XPEV ... dd 8.97 –0.67 ... 58.38 11.25 AkeroTherap AKRO ... dd 22.12 +0.21 ... 58.84 35.56 Andersons ANDE 1.4 31 52.55 –0.26 .19 12.43 6.94 AuriniaPharm AUPH ... dd 7.99 –0.01 ...
335.60 188.63 ValmontInds VMI 1.0 32 231.35 +1.85 .60 13.62 7.91 Xperi XPER ... dd 11.05 +0.70 ... 12.90 3.04 Akoya AKYA ... dd 4.85 –0.22 ... 3.49 0.63 Anghami ANGH ... dd 1.04 –0.03 ... 4.81 1.14 AuroraInnov AUR ... dd 3.16 +0.06 ...
39.67 29.15 Valvoline VVV ... dd 36.52 +0.34 ... 33.58 8.30 XponentialFit XPOF ... dd 11.73 +0.09 ... 67.02 44.92 Alarm.com ALRM ... 48 61.87 +0.29 ... 4.18 1.55 Angi ANGI ... dd 2.42 +0.25 ... 256.48 188.38 Autodesk ADSK ... 60 253.07 +4.43 ...
14.39 9.86 VectorGroup VGR 7.4 10 10.88 +0.59 .20 117.35 87.59 Xylem XYL 1.2 46 112.39 +0.52 .33 11.85 10.17 AlchemyInv1 A ALCY ... 82 10.56 +0.07 ... 13.56 5.67 AngioDynamics ANGO ... dd 6.02 +0.17 ... 7.45 1.61 AutolusTherap AUTL ... dd 5.94 –0.17 ...
225.49 160.21 VeevaSystems VEEV ... 60 208.73 +1.58 ... 54.16 34.70 Yeti YETI ... 63 45.73 –0.06 ... 9.86 3.66 Alector ALEC ... dd 6.04 +0.16 ... 32.33 16.54 AnikaTherap ANIK ... dd 24.40 +2.16 ... 256.84 201.46 ADP ADP 2.4 28 236.10 –2.14 1.40
3.95 0.24 Velo3D VLD ... dd .29 +0.03 ... 18.82 8.73 YPF YPF ... 8 17.69 +2.06 ... 10.25 6.35 AlgomaSteel ASTL 2.3 45 8.60 –0.47 .05 7.53 1.57 Annexon ANNX ... dd 4.50 +0.16 ... 17.24 7.02 AvadelPharm AVDL ... dd 13.83 –1.15 ...
18.05 7.81 VelocityFinl VEL ... 13 15.99 +0.12 ... 6.44 3.41 Yalla YALA ... 9 5.11 –0.28 ... 31.00 22.58 Alico ALCO .7 cc 30.00 +0.31 .05 94.75 19.83 ApellisPharm APLS ... dd 64.04 +0.24 ... 3.00 0.85 AveannaHealth AVAH ... dd 2.38 +0.06 ...
53.15 39.33 Ventas VTR 3.8 cc 47.40 –0.65 .45 1.73 0.60 YatsenHolding YSG ... dd .66 –0.01 ... 413.20 176.34 AlignTech ALGN ... 56 264.28 –2.06 ... 55.41 36.62 ApogeeEnt APOG 1.8 12 54.47 +0.97 .25 8.61 3.89 AvePoint AVPT ... dd 7.62 –0.37 ...
12.60 4.88 AlignmentHlthcr ALHC ... dd 7.00 –0.10 ... 36.94 14.19 ApogeeTherap APGE ... ... 36.50 +2.81 ... 39.80 21.15 AviatNetworks AVNW ... 20 30.59 +0.30 ...
89.00 65.51 Veralto VLTO .5 22 76.99 –0.56 .09 48.99 26.53 Yelp YELP ... 36 45.00 +1.00 ...
2.10 0.54 AligosTherap ALGS ... ... .69 +0.01 ... 49.00 0.55 ApollomicsA APLM ... ... .81 –0.08 ... 25.74 4.83 AvidityBio RNA ... dd 12.04 +1.88 ...
18.98 13.07 VerisResidential VRE 1.3 dd 15.82 +0.23.0525 14.35 5.29 Yext YEXT ... dd 6.17 +0.33 ...
4.38 1.30 AlimeraSciences ALIM ... dd 3.92 –0.02 ... 226.78 102.85 AppFolio APPF ... cc 223.66 +46.26 ... 12.75 6.88 AvidXchange AVDX ... dd 11.01 +0.37 ...
42.49 30.14 Verizon VZ 6.3 15 42.40 +3.07 .665 5.00 1.80 YirenDigital YRD ... 2 4.77 +0.66 ...
25.65 10.93 AlkamiTech ALKT ... dd 24.76 +0.47 ... 54.26 31.59 Appian APPN ... dd 33.71 +1.50 ... 251.26 156.74 AvisBudget CAR .0 4 174.19 +10.0010.00
15.98 10.42 VermilionEnergy VET 2.4 3 10.96 +0.26.0734 10.00 2.94 Youdao DAO ... dd 3.45 +0.37 ...
31.34 20.46 Alkermes ALKS ... 22 27.74 –0.16 ... 199.62 141.32 Apple AAPL .5 31 192.42 +0.86 .24 51.65 39.64 Avnet AVT 2.6 6 47.28 –0.30 .31
2.58 0.51 VerticalAerospace EVTL ... dd .64 +0.06 ... 143.25 115.53 Yum!Brands YUM 2.1 25 129.09 –3.21 .67
7.73 1.00 Allakos ALLK ... dd 1.30 +0.14 ... 11.62 1.74 AppliedDigital APLD ... dd 5.03 +0.17 ... 1.94 1.05 Aware AWRE ... dd 1.55 +0.03 ...
55.93 11.95 Vertiv VRT .0 82 53.46 –0.21 .025 64.70 33.55 YumChina YUMC 1.5 19 35.50 +0.25 .13 178.40 107.97 ApplMaterials AMAT .8 21 166.90 –1.04 .32
21.99 13.83 Vestis VSTS .7 ... 21.32 +0.59 .035 25.12 6.39 ZimIntShipping ZIM 69.6 dd 13.44 +0.576.40 3.45 0.64 Allbirds BIRD ... dd 1.03 +0.05 ... 201.00 105.28 AxcelisTechs ACLS ... 19 131.29 –0.35 ...
130.93 54.87 AllegiantTravel ALGT 3.0 9 80.91 +5.96 .60 24.08 1.60 AppliedOptoelec AAOI ... dd 14.99 –0.82 ... 262.95 168.30 AxonEnterprise AXON ... cc 251.36 –5.43 ...
37.99 17.10 Viad VVI ... cc 34.60 +1.08 ... 20.94 15.00 ZKH ZKH ... dd 17.15 +1.05 ... 4.42 0.76 AppliedTherap APLT ... dd 2.91 +0.37 ...
3.56 0.20 VicariousSurgical RBOT ... dd .41 –0.06 ... 30.05 16.77 ZTO Express ZTO .0 11 16.97 –0.41 .37 53.05 24.66 AllegroMicro ALGM ... 21 26.76 –1.31 ... 69.68 47.59 Axonics AXNX ... dd 68.01 +0.02 ...
24.30 17.05 AllianceResource ARLP12.9 4 21.77 –0.33 .70 45.60 11.69 Applovin APP ... cc 44.30 +3.16 ... 94.96 53.71 AxsomeTherap AXSM ... dd 89.84 +4.89 ...
47.22 13.62 Victoria'sSecret VSCO ... 22 25.96 +2.52 ... 10.86 10.12 ZalatorisAcqn TCOA ... 63 10.76 +0.02 ... 11.32 9.86 APxAcqnI A APXI ... 85 11.32 +0.02 ...
56.26 45.15 AlliantEnergy LNT 3.9 18 48.85 –0.02 .48 69.16 36.01 Azenta AZTA ... dd 65.50 –1.91 ...
8.48 1.00 VinceHolding VNCE ... 2 3.37 +0.41 ... 2.16 0.96 ZeppHealth ZEPP ... dd 1.40 –0.20 ... 7.97 1.41 ApyxMedical APYX ... dd 2.27 +0.28 ...
44.88 25.12 Allient ALNT .4 20 28.68 +0.76 .03 B
19.13 13.14 Vipshop VIPS ... 9 16.06 +1.03 ... 11.28 7.24 ZetaGlobal ZETA ... dd 9.92 +0.16 ... 2.81 0.72 AquestiveTherap AQST ... dd 2.39 –0.05 ...
8.44 2.23 AllogeneTherap ALLO ... dd 3.24 +0.15 ...
6.61 1.38 VirginGalactic SPCE ... dd 1.89 –0.03 ... 5.24 1.46 ZeviaPBC ZVIA ... dd 1.57 –0.11 ... 2.46 0.04 Aravive ARAV ... dd .04 –0.01 ... 18.19 9.40 BCB Bancorp BCBP 4.8 8 13.42 +0.52 .16
3.93 1.19 Allot ALLT ... dd 1.75 +0.12 ...
53.60 3.50 VirnetX VHC .0 dd 6.16 –0.1120.00 2.11 0.65 Zhihu ZH ... dd .85 +0.04 ... 3.15 1.69 ArbutusBiopharma ABUS ... dd 2.38 +0.02 ... 7.48 3.98 BGC BGC .6 cc 7.26 +0.31 .01
248.23 165.00 VirtusInvtPtrs VRTS 3.1 13 245.96 +5.81 1.90 149.25 102.00 ZimmerBiomet ZBH .8 54 121.69 –1.67 .24 125.48 78.37 ArcBest ARCB .4 26 121.05 +2.66 .12 37.83 21.64 BJsRestaurants BJRI ... 53 34.26 +0.29 ...
272.86 208.76 Visa V .8 31 267.94 –2.96 .52 24.05 10.27 ZipRecruiter ZIP ... 26 15.01 +0.52 ... Nasdaq Issues includes stocks traded on the Nasdaq 63.02 26.32 Arcellx ACLX ... dd 62.82 +7.55 ... 106.47 62.42 BOK Fin BOKF 2.6 11 85.49 +2.90 .55
30.10 20.51 Vishay VSH 1.8 9 22.13 –0.18 .10 201.92 151.03 Zoetis ZTS .9 39 191.52 +3.14 .432 Global Select and Nasdaq Global Market tiers. They are 90.65 60.70 ArchCapital ACGL ... 10 79.90 –0.98 ... 31.81 17.33 BRP Group BRP ... dd 24.50 –1.18 ...
eligible for inclusion on the basis of SEC-approved
45.69 27.94 VishayPrecision VPG ... 15 33.00 +2.04 ... 12.12 7.05 Zuora ZUO ... dd 9.18 +0.61 ... market value of publicly-held shares, trading volume, 2.48 0.52 Arcimoto FUV ... dd .69 –0.03 ... 92.74 57.15 BRP DOOO .8 8 66.30 –2.95.1334
33.30 15.13 VistaEnergy VIST ... 10 33.18 +1.62 ... 30.87 19.29 ZurnElkayWater ZWS 1.1 48 29.68 +0.79 .08 price and number of market-makers. 37.75 14.21 ArcturusTherap ARCT ... 9 31.72 –1.05 ... 60.72 16.65 B RileyFin RILY 20.1 dd 19.86 –0.32 1.00
42 BARRON’S January 29, 2024

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
8.49 3.50 Backblaze BLZE ... dd 8.15 +0.91 ... 45.95 12.65 CPI Card PMTS ... 7 18.79 +1.32 ... 0.15 0.05 ClimateRockRt CLRCR ... ... .10 –0.01 ... 22.06 9.67 DayOneBiopharm DAWN ... dd 14.21 +0.29 ... 13.47 7.63 EverCommerce EVCM ... dd 10.08 –0.04 ...
160.88 97.51 Baidu BIDU ... 12 107.66 +5.01 ... 128.10 81.29 CRA Intl CRAI 1.6 21 105.95 –0.04 .42 58.99 35.00 ClimbGlbl CLMB 1.2 22 57.28 +4.57 .17 18.08 9.90 DecipheraPharm DCPH ... dd 14.26 +0.68 ... 11.47 10.31 EvergreenA EVGR ... 41 11.27 +0.02 ...
9.70 1.31 Baijiayun RTC ... dd 5.90 +2.76 ... 76.97 37.55 CrisprTherap CRSP ... dd 61.01 –0.98 ... 1.63 0.71 CloverHealth CLOV ... dd .96 +0.02 ... 14.03 5.53 DefinitiveHlthcr DH ... dd 9.12 +0.42 ... 63.93 46.92 Evergy EVRG 5.2 17 49.76 –0.68.6425
37.58 26.12 BakerHughes BKR 2.6 16 30.48 –0.22 .20 69.35 46.19 CSG Systems CSGS 2.2 22 51.87 –0.21 .28 48.50 29.91 CoastalFinl CCB ... 12 42.03 +0.48 ... 14.10 4.32 DenaliCapAcqnA DECA ... dd 5.30 –0.42 ... 17.92 5.36 EverQuote EVER ... dd 13.21 +2.23 ...
150.82 110.74 Balchem BCPC .6 44 139.43 –1.63 .79 27.98 9.82 CSP CSPI .6 23 24.71 +2.10 .04 961.91 487.22 CocaColaCon COKE .2 18 842.82 –15.8216.00 33.31 15.45 DenaliTherap DNLI ... dd 16.87 –0.22 ... 10.50 5.90 EverspinTech MRAM ... 24 8.53 –0.20 ...
7.10 2.91 BallardPower BLDP ... dd 3.28 +0.19 ... 219.85 127.51 CSW Industrials CSWI .4 31 204.73 –10.72 .19 69.06 53.53 Coca-ColaEuro CCEP 2.9 18 68.84 +1.29 1.23 43.24 26.27 DentsplySirona XRAY 1.6 dd 34.92 –0.74 .14 8.16 1.88 EVgo EVGO ... dd 2.52 –0.14 ...
104.00 68.44 BancFirst BANF 1.9 15 92.86 +2.83 .43 35.50 27.60 CSX CSX 1.2 19 35.39 +0.84 .11 6.98 1.45 Codexis CDXS ... dd 2.78 +0.09 ... 92.86 69.59 DescartesSystems DSGX ... 68 89.87 +2.94 ... 12.81 7.07 Evolus EOLS ... dd 11.94 +0.09 ...
29.07 9.34 Bandwidth BAND ... dd 14.57 +0.97 ... 25.63 10.66 CVB Fin CVBF 4.5 11 17.92 –1.09 .20 25.95 16.00 CodorusValleyBncp CVLY 2.7 10 24.95 +0.75 .17 8.63 1.94 DesignTherap DSGN ... dd 2.35 +0.01 ... 13.49 7.66 Evotec EVO ... dd 7.90 +0.07 ...
52.36 30.72 BankOZK OZK 3.1 8 48.75 +0.90 .38 24.62 5.88 CabalettaBio CABA ... dd 22.28 +2.80 ... 15.68 3.67 CogentBio COGT ... dd 4.38 –0.22 ... 7.57 3.64 DestinationXL DXLG ... 9 4.27 +0.15 ... 3.92 1.33 Exagen XGN ... dd 1.95 –0.03 ...
30.86 19.53 Bank7 BSVN 3.4 6 24.93 –0.33 .21 12.52 10.33 CactusAcqn1 A CCTS ... 65 11.05 +0.12 ... 79.50 57.35 CogentComm CCOI 4.9 3 76.39 +1.02 .955 3.17 2.12 Deswell DSWL 7.9 7 2.52 +0.04 .10 11.10 10.19 ExcelFinAcqnA XFIN ... dd 10.80 +0.03 ...
11.01 7.17 BankFinancial BFIN 3.6 13 11.01 +0.24 .10 301.61 180.62 CadenceDesign CDNS ... 83 290.73 –1.41 ... 59.51 34.28 Cognex CGNX .8 42 37.77 +0.13 .075 139.55 74.75 DexCom DXCM ... cc 121.96 –5.33 ... 24.34 16.15 Exelixis EXEL ... 79 22.12 –0.36 ...
31.61 21.22 BankwellFinl BWFG 2.7 6 29.72 +1.13 .20 60.27 38.33 CaesarsEnt CZR ... 13 44.49 –2.27 ... 3.49 0.90 CognitionTherap CGTX ... dd 2.40 +0.10 ... 193.20 145.86 DiamondHillInvt DHIL 3.7 11 162.99 +2.27 1.50 43.71 34.03 Exelon EXC 4.1 16 35.01 –0.03 .36
67.30 39.31 Banner BANR 4.0 9 48.23 –0.49 .48 6.55 3.50 Caesarstone CSTE ... dd 4.14 +0.05 ... 78.89 56.45 CognizantTech CTSH 1.5 19 77.28 +0.40 .29 171.40 119.01 DiamondbkEner FANG 2.2 9 156.24 +5.18 2.53 35.94 25.17 ExlService EXLS ... 31 32.29 –0.21 ...
16.57 1.46 BanzaiIntl BNZI ... dd 1.58 –0.03 ... 61.91 42.25 Cal-MaineFoods CALM .8 6 56.16 +2.01 .116 6.94 2.95 CognyteSoftware CGNT ... dd 6.60 +0.66 ... 42.95 21.25 DigiIntl DGII ... 38 25.41 +1.75 ... 25.39 10.61 eXpWorld EXPI 1.6 cc 12.81 –0.16 .05
8.62 1.90 Baozun BZUN ... dd 2.36 +0.29 ... 4.93 0.16 CalAmp CAMP ... dd .18 ... ... 9.13 1.43 CoherusBioSci CHRS ... dd 2.34 –0.10 ... 39.97 16.13 Digimarc DMRC ... dd 37.23 +1.11 ... 155.84 87.94 Expedia EXPE ... 27 151.93 +3.36 ...
5.10 1.64 BarinthusBio BRNS ... dd 2.90 –0.30 ... 38.97 21.59 CalavoGrowers CVGW 1.5 dd 27.24 +0.44 .10 43.99 29.07 Cohu COHU ... 31 33.03 –0.99 ... 58.72 12.34 DigitalWorldA DWAC ... dd 38.18 +11.80 ... 11.65 1.52 Expensify EXFY ... dd 1.73 –0.14 ...
119.39 76.22 BarrettBus BBSI 1.1 16 113.77 +0.43 .30 26.17 12.78 CaliforniaBncp CALB ... 8 24.01 +0.27 ... 187.39 46.43 CoinbaseGlbl COIN ... dd 125.20 +0.45 ... 32.27 15.57 DimeCommBcshs DCOM 4.2 10 23.89 –0.69 .25 112.75 64.61 Exponent EXPO 1.2 45 88.63 –0.61 .26
19.99 13.30 BassettFurniture BSET 4.4 dd 16.19 +0.42 .18 29.30 15.25 CalliditasTherap CALT ... dd 22.63 –1.14 ... 38.40 0.74 CollectiveAudience CAUD ... dd .76 –0.24 ... 97.45 60.00 Diodes DIOD ... 11 68.44 –0.63 ... 11.52 4.17 Exscientia EXAI ... dd 5.73 –0.07 ...
24.31 15.02 BayCom BCML 1.9 9 21.39 –0.04 .10 20.25 11.91 CalumetSpecialty CLMT ... 31 15.97 –0.03 ... 34.96 20.83 CollegiumPharm COLL ... cc 33.18 +0.19 ... 69.00 18.25 DiscMedicine IRON ... dd 64.42 –0.28 ... 32.73 14.67 ExtremeNetworks EXTR ... 24 17.05 +0.27 ...
10.13 10.01 BayviewAcqnA BAYA ... ... 10.12 +0.03 ... 22.87 3.53 CambiumNtwks CMBM ... dd 4.30 +0.06 ... 131.01 83.38 ColliersIntl CIGI .3 cc 119.35 +3.01 .15 12.35 10.15 DistokenAcqn DIST ... 88 10.65 +0.05 ... 27.09 2.21 EyePointPharm EYPT ... dd 26.47 +4.15 ...
0.15 0.10 BayviewAcqnRt BAYAR ... ... .14 ... ... 42.95 26.52 CamdenNational CAC 4.6 11 36.37 +0.15 .42 13.97 4.70 Collplant CLGN ... dd 5.00 –0.30 ... 33.18 18.20 DistributionSoln DSGR ... cc 32.52 +1.28 ... 9.73 7.70 Ezcorp EZPW ... 20 8.65 +0.23 ...
89.40 54.08 BeaconRoofing BECN ... dd 83.71 –1.40 ... 82.96 24.81 Camtek CAMT ... 48 79.10 +0.39 ... 13.58 8.59 ColonyBankcorp CBAN 3.4 11 13.15 +0.75.1125 3.96 0.64 DiversifiedHlthcr DHC 1.4 dd 2.94 +0.06 .01 F
50.74 16.95 BeamTherap BEAM ... dd 24.29 +0.60 ... 3.98 1.13 Canaan CAN ... dd 1.62 –0.18 ... 33.24 17.54 ColumbiaBanking COLB 7.1 12 20.41 –4.47 .36 1.36 0.46 DixieGroup DXYN ... dd .63 +0.01 ...
1.39 0.60 BeasleyBroadcast BBGI ... dd .92 +0.02 ... 45.29 17.82 CanadianSolar CSIQ ... 5 22.97 +3.13 ... 21.49 14.11 ColumbiaFinl CLBK ... 55 19.25 +0.41 ... 24.22 9.04 dLocal DLO ... 36 17.04 –0.25 ... 30.58 10.30 FARO Tech FARO ... dd 22.55 +1.80 ...
272.49 153.13 BeiGene BGNE ... dd 161.90 +2.12 ... 2.67 0.66 CandelTherap CADL ... dd 1.21 –0.09 ... 98.32 66.01 ColumbiaSportswr COLM 1.5 18 80.47 +2.07 .30 52.88 29.40 Docebo DCBO ... cc 44.59 –1.58 ... 185.24 127.05 F5 FFIV ... 28 183.63 +3.54 ...
69.38 31.15 BelFuse A BELFA .4 13 67.90 +3.01 .06 32.20 3.46 CanopyGrowth CGC ... dd 4.56 +0.19 ... 42.87 30.29 ColumbusMcKinn CMCO .7 22 38.07 +1.50 .07 69.45 38.11 DocuSign DOCU ... cc 62.63 –0.57 ... 3.11 1.00 FGFinancial FGF ... 6 1.39 +0.02 ...
69.57 30.11 BelFuse B BELFB .4 11 66.22 +1.24 .07 8.29 4.79 Cantaloupe CTLP ... 46 6.68 +0.09 ... 47.46 34.63 Comcast A CMCSA 2.7 12 46.26 +2.91 .31 161.10 102.77 DollarTree DLTR ... 25 132.73 +2.25 ... 106.00 0.64 FLJ FLJ ... ... .75 +0.09 ...
16.50 0.32 Beneficient BENF ... dd .34 –0.01 ... 28.26 14.27 CanterburyPark CPHC 1.2 11 23.74 +0.88 .07 64.86 40.91 CommerceBcshrs CBSH 1.9 15 53.45 –1.08.2571 19.09 7.78 Domo DOMO ... dd 11.23 +1.66 ... 65.00 52.45 FRP Holdings FRPH ... cc 59.55 +0.62 ...
55.37 37.21 BentleySystems BSY .4 93 50.27 ... .05 25.00 15.00 CapitalBancorp CBNK 1.3 9 23.15 +0.33 .08 11.96 5.48 CommVehicle CVGI ... dd 6.61 +0.22 ... 15.76 13.58 DonegalGroup A DGICA 4.6 49 14.91 +0.71 .17 10.90 10.11 FTACEmeraldA EMLD ... ... 10.45 –0.33 ...
10.74 6.23 Berry(bry) BRY 6.9 13 6.91 +0.31 .09 36.86 26.12 CapitalCityBank CCBG 2.6 10 30.85 +3.72 .20 8.92 1.34 CommScope COMM ... dd 2.41 +0.03 ... 16.75 12.50 DonegalGroup B DGICB 3.9 57 15.60 +0.95.1525 52.58 21.94 FTAI Aviation FTAI ... 43 52.20 +2.04 ...
62.91 0.34 BetterHome&Fin BETR ... dd .59 +0.02 ... 18.35 11.93 CapitalProduct CPLP 3.3 7 18.25 +0.15 .15 45.74 32.68 CmntyTrBcp CTBI 4.4 10 41.86 +1.22 .46 109.06 51.50 DoorDash DASH ... dd 108.24 +1.91 ... 4.43 2.35 FTAI Infra FIP 2.8 dd 4.30 +0.49 .03
22.87 5.58 BeyondMeat BYND ... dd 7.15 –0.17 ... 25.51 16.34 CapitalSouthwest CSWC 8.8 14 24.99 +0.05 .06 17.66 10.38 CommWestBcshs CWBC 2.0 14 15.90 ... .08 33.60 26.50 DorchesterMnls DMLP10.9 12 32.30 –0.201.0079 3.87 0.28 FTC Solar FTCI ... dd .57 +0.04 ...
29.95 12.54 BicycleTherap BCYC ... dd 17.77 +0.02 ... 11.77 10.09 CapitalworksEMA CMCA ... 43 11.01 +0.03 ... 81.27 53.70 CommvaultSystems CVLT ... dd 79.68 +0.66 ... 102.25 60.01 DormanProducts DORM ... 28 85.01 +3.03 ... 44.00 7.17 Falcon'sBeyondGlbl FBYD ... dd 12.00 –0.21 ...
10.83 4.25 Big5SportingGds BGFV 9.5 33 5.24 +0.49 .125 8.79 4.22 CapitolFedFin CFFN 5.3 dd 6.44 +0.47 .085 12.00 10.04 CompassDigitalAcqn CDAQ ... 42 10.66 –0.13 ... 10.63 6.95 DoubleDown DDI ... dd 8.45 –0.74 ... 26.55 0.48 FangddNetwork DUO ... ... .58 ... ...
13.39 6.81 BigCommerce BIGC ... dd 8.25 –0.01 ... 19.47 11.22 CapStarFin CSTR 2.3 12 18.95 +0.47 .11 16.00 0.90 CompleteSolaria CSLR ... dd 1.27 +0.12 ... 2.12 0.70 DouYuIntl DOYU ... 14 .85 +0.04 ... 9.54 5.19 Fanhua FANH ... 6 6.36 +0.12 ...
28.05 8.80 Bilibili BILI ... dd 9.55 +0.14 ... 12.00 1.15 Captivision CAPT ... 26 4.69 –0.19 ... 7.90 4.64 CompoSecure CMPO ... 7 5.74 +0.56 ... 40.00 14.19 DraftKings DKNG ... dd 38.48 +0.86 ... 5.39 1.75 FarmerBros FARM ... dd 3.73 +0.46 ...
89.91 51.79 Bio-Techne TECH .4 48 72.63 +2.31 .08 12.49 0.50 CaraTherap CARA ... dd .58 +0.01 ... 31.62 9.16 ComputerPrograms CPSI ... dd 10.30 +0.52 ... 8.98 0.43 DragonflyEnergy DFLI ... dd .47 +0.03 ... 70.10 49.33 Fastenal FAST 2.3 34 68.40 –0.94 .39
4.38 1.24 BioAtla BCAB ... dd 2.06 +0.08 ... 197.99 6.30 CarbonRevolution CREV ... cc 20.63 –2.87 ... 26.80 9.60 comScore SCOR ... dd 18.55 –0.41 ... 31.47 10.61 DrivenBrands DRVN ... dd 13.22 +0.08 ... 7.08 1.63 FateTherap FATE ... dd 4.56 +0.03 ...
14.20 9.76 BioceresCrop BIOX ... 64 13.65 +0.01 ... 19.57 2.57 Cardlytics CDLX ... dd 5.77 –0.40 ... 16.87 6.52 ComtechTel CMTL ... dd 7.10 +0.37 ... 32.95 18.71 Dropbox DBX ... 20 32.10 –0.07 ... 11.99 10.26 FeutuneLightA FLFV ... 93 10.83 +0.03 ...
10.98 4.83 BioCryst BCRX ... dd 5.44 –0.23 ... 4.51 0.68 Carecloud CCLD ... dd 1.34 –0.04 ... 151.82 70.58 Concentrix CNXC 1.2 16 91.08 –8.05.3025 7.88 4.65 DuluthHoldings DLTH ... dd 4.90 –0.03 ... 0.53 0.01 FeutuneLightRt FLFVR ... ... .09 ... ...
2.53 1.03 Biodesix BDSX ... dd 1.97 +0.07 ... 18.04 4.80 CareDx CDNA ... dd 9.02 –0.23 ... 4.95 2.40 Conduent CNDT ... dd 3.68 +0.10 ... 245.87 86.36 Duolingo DUOL ... dd 192.89 –1.71 ... 25.69 0.33 FibroGen FGEN ... dd .94 +0.17 ...
319.76 220.86 Biogen BIIB ... 24 244.82 –5.14 ... 4.89 0.30 CareMax CMAX ... dd .41 +0.03 ... 25.00 0.95 ConduitPharm CDT ... cc 2.78 –0.08 ... 15.15 9.42 DynavaxTechs DVAX ... 35 13.32 –0.63 ... 60.85 35.51 FidelityD&D FDBC 3.0 16 50.80 +3.50 .38
117.77 76.02 BioMarinPharm BMRN ... cc 90.87 –1.38 ... 24.64 15.34 CarGurus CARG ... 13 23.14 –0.20 ... 41.22 14.69 Confluent CFLT ... dd 22.46 +0.47 ... 25.50 6.40 DyneTherap DYN ... dd 21.16 +5.54 ... 38.06 22.11 FifthThirdBncp FITB 4.0 11 34.86 +0.65 .35
43.69 8.13 BiomeaFusion BMEA ... dd 16.49 +2.57 ... 8.59 3.44 CaribouBio CRBU ... dd 5.46 +0.34 ... 1.95 0.65 Conifer CNFR ... dd 1.30 –0.01 ... 25.85 13.84 FinInstitutions FISI 5.6 7 21.28 –0.74 .30
E 16.74 2.68 FinchTherap FNCH ... dd 2.90 +0.05 ...
7.71 0.93 Bionomics BNOX ... dd .95 –0.10 ... 12.90 2.02 CarismaTherap CARM ... dd 2.15 –0.14 ... 2.84 0.53 ConnectBiopharma CNTB ... dd 1.27 +0.22 ...
42.49 25.20 Carlyle CG 3.4 71 40.60 +0.87 .35 9.34 2.00 ECARX ECX ... dd 2.45 +0.04 ... 11.50 10.33 FinnovateAcqnA FNVT ... 68 11.17 +0.04 ...
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147.66 88.00 BioNTech BNTX ... 8 94.80 –3.42 ... 24.89 13.11 ConnectOneBncp CNOB 2.9 11 23.24 +0.32 .17
6.70 0.76 BioraTherap BIOR ... dd .94 +0.03 ... 15.89 13.08 CarlyleSecured CGBD 9.5 12 15.61 +0.04 .07 11.69 2.55 Conn's CONN ... dd 4.91 +0.16 ... 17.00 0.90 ECDAutoDesign ECDA ... dd .93 –0.10 ... 11.00 10.34 FintechEcoA FEXD ... cc 10.81 –0.04 ...
8.22 3.65 Biote BTMD ... dd 4.00 +0.07 ... 7.44 2.50 CarParts.com PRTS ... dd 2.90 +0.09 ... 62.08 17.57 ConsensusCloud CCSI ... 5 20.47 +2.11 ... 12.65 3.60 EDAP TMS EDAP ... ... 6.57 +0.46 ... 0.98 0.06 FintechEcoRt FEXDR ... ... .12 +0.02 ...
5.54 0.80 Bioventus BVS ... dd 4.52 –0.28 ... 9.54 1.85 CarrolsRestr TAST .9 dd 9.39 –0.01 .02 4.79 2.10 ConsldComm CNSL ... dd 4.39 –0.08 ... 12.34 10.37 EsgenAcqnA ESAC ... dd 11.40 +0.08 ... 14.98 7.61 FinWiseBancorp FINW ... 10 14.74 +0.30 ...
3.56 0.68 Bitfarms BITF ... dd 2.33 +0.24 ... 17.70 10.43 CarterBkshrs CARE ... 15 14.97 +0.90 ... 38.29 13.66 ConsldWater CWCO 1.2 24 32.39 –0.17 .095 24.72 0.40 ESGL ESGL ... dd .50 +0.02 ... 16.77 12.10 FirstAdvantage FA .0 57 16.47 +0.08 1.50
6.85 1.22 BlackDiamond BDTX ... dd 2.90 +0.14 ... 11.92 10.32 CartesianGrwIIA RENE ... 36 11.02 +0.01 ... 127.24 71.16 ConstellationEner CEG .9 23 121.27 +6.82 .282 10.31 10.05 ESH Acqn A ESHA ... cc 10.27 ... ... 43.47 26.00 FirstBancorpNC FBNC 2.5 14 35.23 +0.55 .22
88.56 53.39 Blackbaud BLKB ... dd 83.55 +1.74 ... 1.99 0.60 CartesianTherap RNAC ... dd .76 ... ... 45.22 24.12 ConstructionPtrs ROAD ... 46 43.40 +0.84 ... 1.35 0.11 ESH Acqn Rt ESHAR ... ... .11 –0.01 ... 30.84 22.33 FirstBancorp FNLC 5.3 10 26.39 +0.50 .35
77.90 47.27 BlackLine BL ... cc 59.95 +0.14 ... 12.67 10.34 CarticaAcqnA CITE ... 31 10.97 +0.03 ... 13.75 7.82 ConsumerPtfo CPSS ... 4 9.11 +0.71 ... 21.13 12.79 ESSA Bancorp ESSA 2.9 11 20.35 +0.91 .15 32.19 22.82 FirstBancshares FBMS 3.8 11 26.20 –1.09 .25
4.03 3.03 BlackRockCapInvt BKCC10.2 18 3.92 +0.04 .10 3.97 0.36 CasaSystems CASA ... dd .38 –0.01 ... 32.10 3.55 ContextLogic WISH ... dd 4.44 –0.03 ... 18.37 11.26 EagleBncpMT EBMT 3.6 12 15.42 –0.10 .14 15.17 8.59 FirstBank FRBA 1.7 15 14.50 +0.67 .06
13.47 9.60 BlkRkTCPCap TCPC11.6 cc 11.73 +0.16 .25 95.78 72.33 CasellaWaste CWST ... cc 85.64 +1.08 ... 399.62 303.74 Cooper COO .0 63 372.64 –14.86 .03 34.56 4.10 EaglePharm EGRX ... 6 5.41 +0.93 ... 25.80 16.26 FirstBusey BUSE 3.9 11 24.46 +0.82 .24
12.80 10.17 BlockchainCoinIA BCSA ... cc 10.98 +0.02 ... 291.51 202.13 CaseysGenStores CASY .6 21 275.45 –10.13 .43 51.53 32.96 Copart CPRT ... 35 48.06 –0.64 ... 12.45 1.47 Eargo EAR ... dd 2.75 +0.08 ... 41.03 24.57 FirstBusFinSvcs FBIZ 2.3 9 39.56 +2.06.2275
28.75 22.03 Bloomin'Brands BLMN 3.7 10 26.20 +0.84 .24 51.48 35.05 CassInfoSys CASS 2.7 20 43.99 +2.51 .30 6.10 3.09 CoreScientific CORZ ... ... 3.46 ... ... 80.98 33.86 EastWestBncp EWBC 3.0 9 74.28 +3.42 .55 1539.51 505.84 FirstCitizBcshA FCNCA .4 2 1490.18 +80.50 1.64
28.80 13.30 BlueBird BLBD ... 38 28.01 +2.71 ... 29.59 9.26 CastleBiosci CSTL ... dd 21.73 +2.57 ... 6.09 2.57 CorMedix CRMD ... dd 3.27 +0.01 ... 17.04 9.93 EasternBankshares EBC 3.2 10 13.92 +0.15 .11 39.23 22.55 FirstCommBkshs FCBC 3.2 14 36.82 +1.60 .29
12.42 7.08 BlueFoundryBncp BLFY ... dd 10.08 +0.24 ... 45.72 27.24 CathayGenBncp CATY 3.2 9 43.17 +0.47 .34 20.72 11.45 CorsairGaming CRSR ... cc 13.46 –0.05 ... 26.04 15.30 Eastern EML 1.8 30 25.00 +0.34 .11 26.53 17.23 FirstFinBncpOH FFBC 4.0 8 22.86 –0.07 .23
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

11.42 10.32 BlueOceanA BOCN ... 46 10.89 +0.02 ... 365.63 233.84 CavcoIndustries CVCO ... 15 328.51 –0.78 ... 255.60 166.40 Corvel CRVL ... 53 226.92 –6.82 ... 18.94 5.30 EbangIntl EBON ... dd 9.54 +0.40 ... 38.24 22.84 FirstFinBkshs FFIN 2.2 23 32.25 +3.02 .18
11.19 10.28 BlueWorldA BWAQ ... 49 11.09 +0.04 ... 21.43 10.68 CECO Env CECO ... 39 19.27 +0.38 ... 4.19 0.61 CorvusPharm CRVS ... dd 2.05 +0.06 ... 52.23 37.17 eBay EBAY 2.3 8 42.69 +1.56 .25 45.47 31.00 FirstFinIN THFF 4.3 8 41.98 +1.73 .45
6.82 1.03 bluebirdbio BLUE ... dd 1.06 –0.21 ... 9.31 4.87 CellebriteDI CLBT ... dd 9.25 +0.72 ... 92.36 65.12 CoStar CSGP ... 86 85.09 +2.76 ... 24.80 9.53 EchoStar SATS ... 12 13.85 –1.53 ... 22.17 9.70 FirstFinNW FFNW 2.5 30 20.82 –0.13 .13
94.00 37.82 BlueprintMed BPMC ... dd 81.56 +0.51 ... 3.77 0.96 Cellectis CLLS ... dd 2.97 +0.28 ... 698.66 465.33 Costco COST .6 47 686.88 –8.09 1.02 16.59 5.12 EdgewiseTherap EWTX ... dd 16.52 +3.48 ... 22.85 9.24 FirstGuarBcshs FGBI 5.0 13 12.80 +0.83 .16
2.03 0.84 BoltBiotherap BOLT ... dd 1.07 –0.05 ... 8.90 3.00 CentessaPharm CNTA ... dd 8.11 +0.01 ... 25.39 12.98 Couchbase BASE ... dd 24.22 +0.28 ... 11.93 6.08 EditasMedicine EDIT ... dd 7.29 –0.80 ... 28.28 15.08 FirstHawaiian FHB 4.7 12 22.29 +0.60 .26
3669.66 2331.23 Booking BKNG ... 25 3519.60 –96.91 ... 2.52 0.61 Centogene CNTG ... ... 1.14 –0.03 ... 57.57 30.33 CovenantLogist CVLG .9 13 50.43 +3.41 .11 4.00 0.80 EducDev EDUC ... 45 1.49 –0.42 ... 31.49 9.68 FirstInternetBncp INBK .8 32 30.43 +4.43 .06
10.40 10.10 BowenAcqn BOWN ... ... 10.35 ... ... 51.71 35.60 CentralGarden CENT ... 21 48.22 +0.77 ... 121.17 62.69 CrackerBarrel CBRL 6.8 20 76.65 +3.14 1.30 25.78 8.63 EHang EH ... dd 12.14 –0.46 ... 37.69 20.81 FirstInterBanc FIBK 6.5 11 28.76 –0.37 .47
0.22 0.08 BowenAcqnRt BOWNR ... ... .14 +0.01 ... 45.93 33.77 CentralGardenA CENTA ... 18 42.40 +0.68 ... 5.80 3.28 CreativeMedia CMCT 9.7 dd 3.51 –0.12 .085 10.57 4.81 eHealth EHTH ... dd 6.74 +0.74 ... 43.97 24.52 FirstMerchants FRME 3.9 9 34.87 –0.58 .34
36.74 24.49 BowmanConsult BWMN ... cc 31.37 +0.50 ... 13.17 5.70 CenturyAluminum CENX ... dd 11.58 +1.31 ... 576.05 379.77 CreditAcceptance CACC ... 23 550.52 +18.77 ... 89.40 5.75 EigerBioPharma EIGR ... dd 5.88 –0.86 ... 35.83 21.77 FirstMidBcshs FMBH 2.8 10 33.06 +0.58 .23
5.85 2.92 BraggGaming BRAG ... dd 5.27 +0.68 ... 5.34 1.28 CenturyTherap IPSC ... dd 4.22 +0.39 ... 22.49 7.20 CredoTech CRDO ... dd 20.84 +0.06 ... 6.49 2.15 8x8 EGHT ... dd 3.62 +0.14 ... 16.12 9.94 FirstNWBncp FNWB 1.9 60 14.93 +1.08 .07
7.62 1.38 Brainsway BWAY ... dd 5.93 –0.44 ... 2.89 1.55 Ceragon CRNT ... 46 2.53 ... ... 18.00 13.11 CrescentCapBDC CCAP 9.8 11 16.77 +0.23 .41 22.93 6.58 89bio ETNB ... dd 10.17 –0.87 ... 232.00 129.22 FirstSolar FSLR ... 33 147.83 +1.91 ...
58.67 25.76 Braze BRZE ... dd 55.40 +1.52 ... 36.79 14.47 Cerence CRNC ... dd 20.59 +1.13 ... 10.09 5.44 Cresud CRESY 3.2 3 9.35 +0.38 .305 13.00 8.11 ElPolloLoco LOCO ... 12 9.46 +0.44 ... 56.59 38.77 1stSource SRCE 2.5 11 53.74 +0.58 .34
44.32 8.54 BridgeBioPharma BBIO ... dd 35.94 –0.70 ... 24.96 11.81 Certara CERT ... dd 16.62 +0.49 ... 17.89 5.23 Cricut CRCT .0 22 5.43 –0.13 1.00 225.22 162.01 ElbitSystems ESLT 1.0 34 204.93 –4.09 .50 24.29 12.56 FirstUnited FUNC 3.5 8 22.84 –0.16 .20
17.47 3.26 BridgerAerospace BAER ... dd 6.04 +0.60 ... 3.46 1.21 Cerus CERS ... dd 1.87 +0.11 ... 38.98 15.23 CrineticsPharm CRNX ... dd 37.18 +1.68 ... 143.47 108.53 ElectronicArts EA .5 38 139.42 +1.70 .19 21.61 14.34 FirstWatchRest FWRG ... 58 20.99 +0.96 ...
14.51 10.03 BridgfordFoods BRID ... 22 10.95 –0.19 ... 38.37 23.66 ChampionX CHX 1.2 19 28.34 +2.00 .085 36.76 22.10 Criteo CRTO ... cc 25.73 +1.16 ... 5.89 0.36 ElevationOnc ELEV ... dd 2.76 +0.23 ... 27.84 12.85 FirstWesternFin MYFW ... 20 18.00 +0.24 ...
7.39 2.10 Brightcove BCOV ... dd 2.40 –0.16 ... 1.60 0.08 ChargeEnt CRGE ... dd .15 –0.01 ... 151.32 74.00 Crocs CROX ... 9 102.96 +1.61 ... 24.39 3.05 ElicioTherap ELTX ... dd 4.62 –0.07 ... 116.83 86.10 FirstCash FCFS 1.2 23 115.86 +2.99 .35
60.54 39.24 BrighthouseFin BHF ... dd 53.72 +2.68 ... 458.30 315.02 CharterComms CHTR ... 12 377.07 +5.97 ... 2.64 1.64 Cronos CRON ... dd 1.96 –0.04 ... 4.25 2.21 EliemTherap ELYM ... dd 2.88 ... ... 167.70 131.75 FirstService FSV .5 57 167.30 +3.26 .225
13.00 10.99 BrightSpring BTSG ... ... 11.00 –2.00 ... 160.21 117.18 CheckPoint CHKP ... 22 159.58 +1.85 ... 31.82 15.65 CrossCtyHlthcr CCRN ... 8 21.89 –0.13 ... 33.88 12.72 Embecta EMBC 4.3 14 17.30 +0.37 .15 220.19 144.57 FiveBelow FIVE ... 39 190.16 +3.44 ...
5.96 2.04 BrilliantEarthA BRLT ... cc 3.36 +0.31 ... 41.28 28.58 Cheesecake CAKE 3.2 19 33.56 +0.86 .27 15.00 9.29 CrossFirstBkshs CFB ... 11 14.91 +1.75 ... 11.69 10.30 EmbraceChange EMCG ... 56 11.04 +0.01 ... 10.95 1.11 5EAdvMatls FEAM ... dd 1.36 +0.16 ...
12.31 10.40 BroadCapital BRAC ... dd 11.21 –0.01 ... 39.49 17.29 ChefsWarehouse CHEF ... 78 31.68 +1.31 ... 307.55 100.74 CrowdStrike CRWD ... dd 290.31 –0.23 ... 29.74 20.84 Enact ACT 2.2 7 28.68 +0.62 .71 92.40 51.01 Five9 FIVN ... dd 77.22 +0.01 ...
0.28 0.10 BroadCapitalRt BRACR ... ... .16 –0.04 ... 53.43 33.72 ChemungFinl CHMG 2.5 9 49.55 +1.07 .31 13.74 7.64 CullinanOncology CGEM ... dd 13.07 +1.56 ... 62.06 8.08 EnantaPharma ENTA ... dd 12.23 +0.52 ... 29.00 17.74 FiveStarBncp FSBC 3.0 9 25.18 +0.39 .20
1284.55 572.10 Broadcom AVGO 1.7 37 1204.88 –6.32 5.25 12.15 10.38 ChengheAcqnA CHEA ... 65 11.06 +0.03 ... 2.79 1.43 CumberlandPharm CPIX ... dd 2.12 +0.10 ... 58.46 34.74 EncoreCapital ECPG ... dd 51.68 +1.07 ... 23.98 14.14 Flex FLEX ... 13 23.01 +0.03 ...
14.00 7.00 BrooklineBcp BRKL 4.8 13 11.24 +0.72 .135 11.76 10.32 ChengheAcqnIA LATG ... 37 11.09 +0.02 ... 6.94 2.57 CumulusMedia CMLS ... dd 4.86 –0.14 ... 223.18 138.20 EncoreWire WIRE .0 9 220.83 +8.83 .02 30.99 15.67 Flexsteel FLXS 2.1 10 28.78 –0.02 .15
84.84 53.79 Bruker BRKR .3 33 71.97 +0.03 .05 91.00 69.68 ChesapeakeEner CHK 2.9 2 77.51 +1.57 .575 12.48 3.41 CureVac CVAC ... dd 3.57 –0.07 ... 11.58 10.47 EnergemA ENCP ... cc 11.55 +0.06 ... 31.32 14.70 FluenceEnergy FLNC ... dd 20.12 +0.18 ...
27.92 12.29 Bumble BMBL ... dd 14.20 +0.43 ... 17.65 12.91 ChicagoAtlRealEst REFI 11.6 8 16.20 +0.44 .29 37.34 1.38 Cutera CUTR ... dd 2.92 +0.17 ... 30.76 14.04 EnergyRecovery ERII ... 61 16.16 –0.39 ... 20.45 9.28 FlushingFinl FFIC 5.1 16 17.21 +1.35 .22
2.06 0.62 BurgerFiIntl BFI ... dd .67 –0.04 ... 6.89 0.15 ChickenSoupA CSSE ... dd .18 +0.02 ... 33.14 6.57 CVRx CVRX ... dd 27.23 +0.70 ... 20.44 12.11 EnlightRenewableEn ENLT ... 26 17.30 –0.56 ... 35.80 18.65 Flywire FLYW ... dd 21.34 +1.56 ...
3.54 0.69 BurningRockBio BNR ... dd .86 –0.04 ... 13.02 0.50 ChijetMotor CJET ... 10 .53 –0.16 ... 241.36 120.11 CyberArkSoftware CYBR ... dd 231.75 –0.76 ... 25.34 9.80 EnlivenTherap ELVN ... 71 15.98 +1.67 ... 11.91 10.27 FocusImpact FIAC ... dd 11.05 ... ...
11.47 10.10 BurTechAcqnA BRKH ... cc 10.78 –0.02 ... 48.88 14.27 Children'sPlace PLCE ... dd 24.77 +2.83 ... 25.37 7.26 CymaBayTherap CBAY ... dd 23.03 –1.47 ... 23.90 7.55 Enovix ENVX ... dd 9.66 +0.06 ... 12.09 10.16 FocusImpactBH3A BHAC ... 48 10.44 +0.02 ...
25.57 13.05 BusFirstBcshs BFST 2.4 9 23.51 +0.62 .14 1.90 0.88 Chimerix CMRX ... dd .93 +0.01 ... 3.19 1.42 CyteirTherap CYT ... dd 3.14 +0.02 ... 247.00 73.49 EnphaseEnergy ENPH ... 27 105.37 +1.78 ... 5.14 1.35 FocusUniversal FCUV ... dd 1.52 –0.09 ...
11.63 10.25 byNordicAcqnA BYNO ... 56 11.07 +0.09 ... 27.97 21.58 ChipMOSTechs IMOS 4.2 20 27.18 –0.421.5007 13.77 3.80 CytekBiosci CTKB ... dd 8.48 +0.21 ... 118.85 85.50 EnsignGroup ENSG .2 26 114.89 –1.07 .06 9.97 2.84 FoghornTherap FHTX ... dd 3.05 –0.79 ...
175.20 117.05 ChordEnergy CHRD 3.2 6 154.74 +4.45 1.25 110.25 25.98 Cytokinetics CYTK ... dd 82.74 +1.78 ... 300.98 217.52 Enstar ESGR ... 7 272.75 +0.79 ... 45.15 24.88 FormFactor FORM ... dd 41.10 –1.33 ...
C 150.45 106.45 ChurchillDowns CHDN .3 26 121.14 –4.02 .382 126.49 69.37 Entegris ENTG .3 91 120.39 +0.05 .10 80.85 55.97 FormulaSys FORTY 1.4 16 66.04 +2.23.6215
2.85 1.04 CytomXTherap CTMX ... dd 1.59 –0.04 ...
5.80 2.45 Cadiz CDZI ... dd 2.75 +0.17 ... 43.17 31.60 Chuy's CHUY ... 21 33.61 +0.06 ... 36.67 25.00 EnterpriseBncp EBTC 3.2 10 30.04 +0.95 .24 39.09 22.27 ForresterRes FORR ... cc 26.67 +1.78 ...
29.01 13.14 CARGOTherapeutics CRGX ... ... 22.84 +2.06 ... 83.36 28.91 Cimpress CMPR ... dd 75.60 +2.57 ... D 56.35 32.97 EnterpriseFinSvcs EFSC 2.4 8 42.43 –0.67 .25 81.24 44.12 Fortinet FTNT ... 46 66.12 +5.22 ...
72.00 48.01 C&F Fin CFFI 3.0 8 57.97 +0.98 .44 130.66 95.01 CincinnatiFinl CINF 2.7 11 112.21 +0.92 .75 2.37 0.65 DBV Tech DBVT ... dd .90 +0.07 ... 18.44 9.32 EntradaTherap TRDA ... dd 14.83 +0.18 ... 37.30 24.93 Fortrea FTRE ... 29 30.92 +0.25 ...
27.02 17.20 CB FinSvcs CBFV 3.9 10 25.64 +1.41 .25 607.79 425.00 Cintas CTAS .9 43 597.81 –1.24 1.35 28.01 14.89 DMC Global BOOM ... 11 17.34 +0.29 ... 81.45 41.71 ePlus PLUS ... 15 76.01 –0.85 ... 121.38 46.19 ForwardAir FWRD 2.1 11 46.55 –4.75 .24
13.41 8.33 CCC Intelligent CCCS ... dd 11.05 +0.11 ... 5.60 1.18 CipherMining CIFR ... dd 2.75 +0.07 ... 1.89 0.77 D-MarketElec HEPS ... dd 1.63 +0.03 ... 6.35 4.71 EpsilonEnergy EPSN 5.1 8 4.86 +0.09.0625 6.08 1.07 Fossil FOSL ... dd 1.21 –0.03 ...
229.79 160.66 CDW CDW 1.1 29 229.69 +3.23 .62 111.15 65.02 CirrusLogic CRUS ... 32 80.06 –0.62 ... 11.30 10.33 DPCapAcqnIA DPCS ... 49 10.94 +0.01 ... 826.00 661.66 Equinix EQIX 2.1 87 810.98 +8.29 4.26 24.35 10.26 FosterLB FSTR ... dd 23.73 +0.65 ...
36.29 16.38 CEVA CEVA ... dd 19.84 –0.61 ... 58.19 45.56 CiscoSystems CSCO 3.0 16 52.14 +0.87 .39 11.83 10.21 DuetAcqnA DUET ... dd 10.95 –0.05 ... 4.57 1.51 Erasca ERAS ... dd 1.69 –0.01 ... 24.10 9.44 4D Molecular FDMT ... dd 17.50 +0.47 ...
11.52 10.21 CFAcqnVII A CFFS ... cc 10.90 –0.02 ... 34.94 14.21 CitiTrends CTRN ... dd 28.00 +1.13 ... 39.89 22.06 DXP Ents DXPE ... 10 33.01 +1.63 ... 346.14 199.49 ErieIndemnity ERIE 1.5 45 345.23 +5.191.275 37.26 28.67 FoxA FOXA 1.6 16 32.22 +1.19 .26
8.42 1.06 C4 Therap CCCC ... dd 5.47 –0.44 ... 13.04 7.61 CtznCmntyBcp CZWI 2.4 9 12.17 +0.68 .29 15.46 1.36 DadaNexus DADA ... dd 2.01 +0.12 ... 22.01 11.42 Escalade ESCA 3.4 25 17.48 –1.79 .15 34.42 26.20 FoxB FOX 1.7 15 29.74 +1.01 .26
40.90 28.55 CG Oncology CGON ... ... 35.03 +16.03 ... 115.89 82.53 CityHolding CHCO 2.7 14 106.51 +1.91 .715 12.42 3.57 Daktronics DAKT ... 8 8.00 +0.34 ... 6.89 0.70 EsperionTherap ESPR ... dd 2.13 +0.11 ... 127.54 49.12 FoxFactory FOXF ... 16 64.00 –1.54 ...
108.05 78.69 CH Robinson CHRW 2.8 27 87.39 +1.14 .61 10.72 4.77 Clarus CLAR 1.6 dd 6.19 +0.31 .025 5.70 3.72 DallasNews DALN14.7 dd 4.34 –0.15 .16 5.81 2.42 EtonPharm ETON ... 54 4.56 +0.42 ... 107.36 82.61 FranklinElec FELE .9 23 95.86 +1.29 .25
1.59 0.88 CLPS CLPS .0 cc 1.03 +0.03 .10 6.10 2.94 CleanEnerFuels CLNE ... dd 3.09 –0.04 ... 136.07 62.60 Datadog DDOG ... dd 123.95 –6.36 ... 149.91 58.20 Etsy ETSY ... 29 69.53 –1.13 ... 3.94 2.25 FreightCarAmer RAIL ... dd 2.77 +0.26 ...
223.80 173.42 CME Group CME 2.1 25 206.78 +4.73 5.25 73.04 22.91 Clearfield CLFD ... 12 25.56 +0.24 ... 55.98 31.65 Dave&Buster's PLAY ... 19 51.35 +2.78 ... 121.55 73.84 EuronetWorldwide EEFT ... 19 99.41 –0.28 ... 11.41 5.40 FrequencyElec FEIM ... 35 10.27 –0.05 ...
25.07 16.43 CNB FinPA CCNE 3.1 9 22.58 +1.70 .175 1.85 0.65 ClearsideBiomed CLSD ... dd 1.23 –0.06 ... 19.72 4.47 Dave DAVE ... dd 14.73 +2.42 ... 20.70 11.97 EuropeanWax EWCZ ... cc 15.43 +0.43 ... 89.48 45.13 Freshpet FRPT ... dd 88.15 +1.31 ...
11.15 5.01 CompassPath CMPS ... dd 10.69 +2.66 ... 12.02 10.20 ClimateRockA CLRC ... cc 11.15 –0.04 ... 2.65 1.28 DawsonGeophys DWSN ... dd 1.72 +0.09 ... 35.55 18.50 Everbridge EVBG ... dd 22.06 +0.37 ... 24.98 12.22 Freshworks FRSH ... dd 22.14 +0.90 ...
January 29, 2024 BARRON’S 43

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
38.97 24.98 Frontdoor FTDR ... 16 33.43 +0.10 ... 2.05 0.41 Hookipa HOOK ... dd .70 +0.04 ... 4.56 0.94 ImmunoPrecise IPA ... dd 1.59 +0.11 ... 319.42 158.38 KarunaTherap KRTX ... dd 314.00 –1.62 ... 25.00 18.53 LoganRidgeFin LRFC 4.2 dd 22.75 –0.09 .30
30.83 11.65 FrontierComms FYBR ... 36 24.80 +2.32 ... 20.73 10.68 Hutchmed HCM ... dd 13.14 –1.13 ... 45.58 14.05 Immunovant IMVT ... dd 38.25 –2.12 ... 4.87 0.62 KaryopharmTherap KPTI ... dd .91 +0.14 ... 96.66 50.26 LogitechIntl LOGI 1.4 28 85.57 –9.101.1805
14.10 3.19 Frontier ULCC ... 18 5.34 +0.75 ... 15.04 1.50 HWH Intl HWH ... 24 1.52 –0.13 ... 3.90 1.50 Immutep IMMP ... dd 2.14 –0.12 ... 99.60 71.25 Kaspi.kz KSPI 7.1 10 90.66 –5.311.8485 28.15 3.60 LongboardPharm LBPH ... dd 23.27 –1.16 ...
4.36 0.98 FuelCell FCEL ... dd 1.22 +0.05 ... 53.52 30.20 H World HTHT 1.8 25 33.93 +2.11 .31 144.90 48.39 Impinj PI ... dd 100.90 +4.89 ... 27.25 8.26 Katapult KPLT ... dd 11.00 +0.41 ... 4.70 1.85 LoopIndustries LOOP ... dd 3.50 –0.02 ...
14.10 2.25 FulcrumTherap FULC ... dd 6.95 +0.03 ... 24.82 17.10 HackettGroup HCKT 1.9 18 23.27 –0.14 .11 71.85 47.81 InariMedical NARI ... dd 55.88 –1.61 ... 10.33 6.45 KearnyFinancial KRNY 5.7 22 7.77 –0.32 .11 16.60 1.22 Lottery.com LTRY ... dd 2.20 –0.16 ...
44.09 23.09 FulgentGenetics FLGT ... dd 25.60 –0.58 ... 22.14 9.36 HainCelestial HAIN ... dd 10.95 +0.89 ... 12.68 0.80 IncannexHealthcare IXHL ... dd 3.74 –0.30 ... 10.99 10.14 KeenVisionAcqn KVAC ... dd 10.39 +0.02 ... 30.94 14.18 Lovesac LOVE ... 19 23.82 +1.05 ...
17.50 9.64 FultonFin FULT 4.2 10 16.35 +0.25 .17 53.71 29.85 HalozymeTherap HALO ... 18 34.21 +0.06 ... 10.77 10.14 InceptionGrowth IGTA ... 89 10.73 –0.02 ... 22.43 15.23 KellyServices A KELYA 1.4 32 20.93 +0.58 .075 17.81 2.54 Lucid LCID ... dd 2.65 –0.06 ...
13.42 5.27 Funko FNKO ... dd 7.34 +0.26 ... 121.06 62.47 HamiltonLane HLNE 1.5 38 115.60 –3.11.445 0.24 0.08 InceptionGrowthRt IGTAR ... ... .19 ... ... 21.70 14.86 KellyServicesB KELYB 1.4 33 21.00 +0.97 .075 4.04 1.44 Lulu'sFashion LVLU ... dd 2.08 +0.03 ...
4.41 0.50 FusionFuelGreen HTOO ... ... 1.04 +0.14 ... 54.38 31.02 HancockWhitney HWC 2.5 10 47.16 +1.24 .30 86.08 50.27 Incyte INCY ... 32 60.64 –0.85 ... 7.15 3.76 KY FirstFedBncp KFFB .0 85 4.00 +0.06 .10 516.39 286.58 lululemon LULU ... 61 478.03 –5.99 ...
11.27 2.31 FusionPharm FUSN ... dd 10.89 +1.77 ... 24.29 13.35 HanmiFinancial HAFC 5.9 6 17.02 –1.27 .25 83.16 43.28 IndependentBank INDB 3.7 11 59.39 –0.83 .55 59.96 27.02 KerosTherap KROS ... dd 57.26 +4.31 ... 65.16 35.35 Lumentum LITE ... dd 55.27 +1.47 ...
67.49 35.91 Futu FUTU ... 12 48.98 +2.12 ... 20.61 17.17 HanoverBancorp HNVR 2.2 10 17.90 +0.52 .10 27.08 14.90 IndepBankMI IBCP 3.7 9 25.84 +0.05 .24 36.23 27.66 KeurigDrPepper KDP 2.7 23 31.98 +0.09 .215 10.55 2.09 LuminarTech LAZR ... dd 2.72 +0.51 ...
12.12 10.32 FutureTechIIA FTII ... 54 11.03 +0.11 ... 14.17 7.51 HarborOneBncp HONE 2.5 16 11.95 +0.46 .075 65.22 28.81 IndependentBank IBTX 3.0 49 51.37 +0.43 .38 30.30 14.56 KewauneeSci KEQU ... 12 29.05 +0.86 ... 4.55 2.63 LumosPharma LUMO ... dd 2.88 –0.02 ...
G 18.43 8.80 Harmonic HLIT ... cc 11.25 –0.25 ... 26.50 14.38 Indivior INDV ... dd 17.79 +1.86 ... 7.53 3.72 KeyTronic KTCC ... 11 4.42 +0.23 ... 12.27 7.73 LutherBurbank LBC ... 14 10.12 +0.37 ...
50.75 18.61 HarmonyBio HRMY ... 13 31.08 –0.58 ... 4.98 1.65 IndlLogistics ILPT 1.0 dd 4.13 +0.20 .01 7.44 0.67 KezarLifeSci KZR ... dd .83 ... ... 3.97 1.32 LyellImmuno LYEL ... dd 2.08 +0.18 ...
9.48 6.56 GCM Grosvenor GCMG 5.0 dd 8.75 +0.09 .11 7.80 2.82 Infinera INFN ... dd 5.12 +0.14 ...
28.25 7.60 Harrow HROW ... dd 9.71 +0.24 ... 71.69 50.89 Kforce KFRC 2.1 26 68.77 +2.19 .36 18.36 7.85 Lyft LYFT ... dd 12.60 –0.05 ...
8.50 1.90 GDEV GDEV ... dd 2.45 +0.15 ... 7.25 1.14 InflaRx IFRX ... dd 1.54 –0.06 ...
12.65 5.00 Harte-Hanks HHS ... 3 7.72 +0.07 ... 31.43 19.52 KimballElec KE ... 11 24.38 +0.67 ... 5.75 1.86 LyraTherap LYRA ... dd 4.83 –0.37 ...
26.83 5.29 GDS Holdings GDS ... dd 5.77 +0.08 ... 10.40 10.07 InflectionPtIIA IPXX ... ... 10.37 ... ...
6.29 2.42 HarvardBioSci HBIO ... dd 4.56 +0.26 ... 10.13 2.50 KingsoftCloud KC ... dd 2.63 –0.02 ... M
87.83 62.35 GE HealthCare GEHC .2 22 73.15 –0.96 .03 5.87 3.97 InfoSvcs III 3.9 18 4.67 +0.25.045
73.58 42.66 Hasbro HAS 5.5 dd 51.11 +2.85 .70 20.65 10.29 KiniksaPharm KNSA ... dd 18.22 –0.66 ...
20.50 6.60 GEN Restaurant GENK ... 32 8.13 –0.52 ... 14.00 2.03 InfraredCameras MSAI ... dd 2.18 –0.37 ... 96.09 48.53 Macom Tech MTSI ... 68 87.37 –2.94 ...
37.31 18.91 HashiCorp HCP ... dd 22.64 +0.97 ... 8.17 1.04 KinnateBio KNTE ... dd 2.36 –0.03 ...
14.64 5.05 GH Research GHRS ... dd 7.25 +1.40 ... 96.14 73.38 InglesMarkets IMKTA .8 8 84.65 +0.70 .165 83.27 65.10 MGE Energy MGEE 2.6 20 65.64 –3.53.4275
14.79 3.70 HawaiianHoldings HA ... dd 14.68 +0.77 ... 4.06 1.40 Kirkland's KIRK ... dd 3.02 –0.01 ...
35.68 13.59 G-IIIApparel GIII ... dd 30.91 +1.01 ... 39.50 14.31 Inhibrx INBX ... dd 37.60 +3.84 ... 124.96 82.60 MGP Ingredients MGPI .5 20 88.56 –1.58 .12
73.47 37.75 Hawkins HWKN 1.0 20 67.11 +1.84 .16 2.24 0.36 Knightscope KSCP ... dd .61 +0.09 ...
8.40 1.08 G1Therapeutics GTHX ... dd 4.08 +0.66 ... 48.25 18.57 InMode INMD ... 11 23.25 +0.66 ... 115.29 63.44 MKS Instrum MKSI .8 dd 110.13 +2.44 .22
25.78 15.02 HawthornBcsh HWBK 2.7 14 25.40 +0.56 .17 9.80 1.37 KodiakSciences KOD ... dd 4.98 +1.86 ...
82.48 46.00 GRAVITY GRVY ... 4 66.05 –2.30 ... 3.60 1.81 InnatePharma IPHA ... dd 2.70 +0.09 ... 30.25 1.05 MSP Recovery LIFW ... dd 1.18 –0.03 ...
60.85 41.15 HaynesIntl HAYN 1.6 17 55.27 +3.41 .22 31.94 13.29 KornitDigital KRNT ... dd 16.16 –0.03 ...
9.80 1.45 GSI Tech GSIT ... dd 1.88 –0.32 ... 15.36 3.45 Innodata INOD ... dd 10.15 +1.49 ... 156.63 95.44 MYR Group MYRG ... 27 146.25 +5.21 ...
15.87 6.60 HealthCatalyst HCAT ... dd 10.30 +1.07 ... 41.47 30.68 KraftHeinz KHC 4.3 15 37.21 +0.13 .40
3.80 2.11 Gaia GAIA ... dd 3.00 +0.10 ... 125.87 91.74 Innospec IOSP 1.2 23 118.49 +0.86 .72 11.91 6.96 Macatawa MCBC 3.2 9 11.11 +0.18 .09
15.97 8.75 HealthcareSvcs HCSG ... 23 9.75 +0.17 ... 21.42 10.95 KratosDefense KTOS ... dd 17.20 –1.15 ...
6.19 2.00 GainTherap GANX ... dd 3.75 +0.42 ... 8.15 5.04 InnovAge INNV ... dd 5.86 +0.06 ... 13.46 4.29 Macrogenics MGNX ... 17 13.22 +1.22 ...
78.32 48.86 HealthEquity HQY ... cc 76.87 +3.71 ... 16.22 11.52 KrispyKreme DNUT 1.0 dd 13.54 –0.31 .035
45.21 31.86 Galapagos GLPG ... dd 38.17 +0.49 ... 9.00 6.11 InnovSolSuprt ISSC ... 23 8.09 –0.03 ... 322.67 119.76 MadrigalPharm MDGL ... dd 225.97 –0.51 ...
27.75 20.47 HealthStream HSTM .4 63 26.66 –0.52 .025 2.82 0.73 KronosBio KRON ... dd 1.11 +0.09 ...
3.70 0.50 Galecto GLTO ... dd .67 +0.01 ... 16.86 10.64 Innoviva INVA ... 37 16.45 +0.19 ... 17.50 8.15 MagicSoftware MGIC 6.2 14 10.58 –0.24 .327
18.17 11.44 HeartlandExp HTLD .6 42 13.22 +0.02 .02 60.20 40.20 Kulicke&Soffa KLIC 1.5 54 53.20 –0.36 .20
3.59 0.09 GaleraTherap GRTX ... dd .18 ... ... 26.11 4.13 Inogen INGN ... dd 5.70 +0.35 ... 15.73 6.28 Magnite MGNI ... dd 9.19 +0.24 ...
51.00 26.10 HeartlandFinUSA HTLF 3.2 8 37.87 +0.65 .30 21.40 7.41 KuraOncology KURA ... dd 17.98 +3.29 ...
14.83 8.50 Gambling.com GAMB ... 50 9.38 –0.02 ... 7.33 1.96 InozymePharma INZY ... dd 4.71 +0.40 ... 13.25 9.00 MagyarBancorp MGYR 1.1 10 11.69 +0.18 .07
35.15 22.52 Heidrick&Strug HSII 2.0 11 29.56 +1.88 .15 110.00 51.02 KuraSushiUSA KRUS ... cc 91.27 –0.15 ...
2.51 0.22 GamidaCell GMDA ... dd .36 +0.06 ... 13.00 1.62 Inseego INSG ... dd 2.30 +0.50 ... 50.94 22.50 MakeMyTrip MMYT ... cc 49.53 –0.07 ...
143.68 81.14 HelenofTroy HELE ... 18 123.44 +5.56 ... 39.85 9.60 KymeraTherap KYMR ... dd 31.02 +3.53 ...
55.13 43.54 Gaming&Leisure GLPI 6.3 17 46.00 –0.51 .73 10.79 10.14 InsightAcqnA INAQ ... cc 10.75 +0.01 ... 65.45 42.07 MalibuBoats MBUU ... 11 50.00 –2.21 ...
11.44 5.82 HelloGroup MOMO .0 5 6.05 –0.03 .70 L
9.75 6.43 GarrettMotion GTX ... dd 8.80 –0.19 ... 194.17 110.09 InsightEnt NSIT ... 25 184.79 –1.10 ... 7.11 3.41 MammothEnergy TUSK ... 24 3.80 –0.01 ...
9.95 6.33 HennessyAdvsrs HNNA 7.6 12 7.22 +0.11.1375
24.00 15.45 GenDigital GEN 2.1 11 23.77 +0.29 .125 32.00 16.04 Insmed INSM ... dd 27.71 –0.29 ... 11.66 9.41 LamfGlbI A LGVC ... dd 10.85 +0.02 ... 230.61 125.33 ManhattanAssoc MANH ... 83 219.76 –1.65 ...
17.91 1.16 GeneDx WGS ... dd 3.42 +0.18 ... 11.47 9.97 HennessyCapVI HCVI ... 78 10.35 ... ...
89.72 60.01 HenrySchein HSIC ... 22 74.20 +0.16 ... 29.40 3.15 Inspirato ISPO ... dd 3.90 ... ... 4.00 1.13 LavaTherap LVTX ... dd 1.83 +0.24 ... 21.23 7.50 Mannatech MTEX .0 dd 9.75 +1.64 .20
7.35 0.86 GenerationBio GBIO ... dd 1.78 +0.05 ... 335.91 125.82 Insulet PODD ... cc 195.46 –9.00 ... 141.91 84.16 LGI Homes LGIH ... 15 117.14 –7.56 ... 5.75 3.21 MannKind MNKD ... dd 3.35 –0.01 ...
3.88 2.08 Genetron GTH ... ... 3.79 ... ... 12.69 6.69 HeritageCommerce HTBK 5.7 9 9.19 –0.18 .13
29.92 14.85 HeritageFin HFWA 4.5 12 20.58 +0.08 .23 50.46 27.52 Intapp INTA ... dd 44.31 +0.28 ... 59.38 41.49 LKQ LKQ 2.5 13 47.65 +0.27 .30 42.95 22.13 Maplebear CART ... dd 25.48 –0.53 ...
4.75 2.89 Genfit GNFT ... dd 3.83 +0.49 ... 60.69 33.44 IntegraLifeSci IART ... 34 41.84 –0.55 ... 257.65 179.00 LPL Financial LPLA .5 16 243.01 +3.41 .30 16.90 4.52 MaravaiLifeSci MRVI ... 36 6.47 +0.22 ...
43.00 27.31 Genmab GMAB ... 30 27.92 –1.02 ... 20.48 8.10 HertzGlobal HTZ ... 3 8.65 +0.03 ...
30.36 6.25 Hesai HSAI ... dd 6.29 –0.88 ... 20.88 9.96 IntegralAd IAS ... cc 15.15 –0.05 ... 16.97 11.44 LSI Inds LYTS 1.4 15 14.08 +0.52 .05 2.21 1.22 Marchex MCHX ... dd 1.38 +0.07 ...
34.33 25.77 Gentex GNTX 1.4 19 33.92 +1.58 .12 51.28 24.73 Intel INTC 1.1 cc 43.65 –4.50 .125 12.93 9.51 LakeShoreBancorp LSBK ... 13 11.75 –0.21 ... 11.26 5.57 MarinusPharm MRNS ... dd 10.02 +0.41 ...
76.13 38.21 Gentherm THRM ... 90 48.67 +0.77 ... 73.74 34.86 Hibbett HIBB 1.5 8 68.26 +3.70 .25
29.97 10.44 HighPeakEner HPK .7 10 13.82 +0.58 .025 47.48 22.67 IntelliaTherap NTLA ... dd 24.68 –0.87 ... 20.02 10.65 LakelandBcp LBAI 4.0 11 14.47 +0.61 .145 399.78 200.01 MarketAxess MKTX 1.0 42 276.50 +10.57 .72
15.81 4.71 GeospaceTech GEOS ... 17 15.42 +0.24 ... 3.00 1.56 Intellicheck IDN ... dd 1.76 –0.08 ... 73.58 43.05 LakelandFin LKFN 2.7 20 72.28 +8.70 .48 3.62 1.24 MarketWise MKTW 1.6 13 2.54 +0.14 .01
40.70 24.85 GermanAmBncp GABC 3.1 11 32.73 +0.85 .25 19.09 9.94 HilleVax HLVX ... dd 15.35 +0.52 ...
10.28 6.02 HillmanSolns HLMN ... dd 8.98 +0.09 ... 5.95 1.37 Inter INTR ... 55 5.06 +0.43 ... 19.66 10.60 LakelandInds LAKE .7 21 18.01 +0.51 .03 7.51 3.46 Marqeta MQ ... dd 6.23 +0.23 ...
3.74 1.68 Geron GERN ... dd 2.16 +0.27 ... 161.17 111.20 InterParfums IPAR 1.8 28 137.01 +0.75 .625 11.76 10.27 LakeshoreAcqnII LBBB ... 47 11.01 –0.04 ... 243.53 153.56 Marriott MAR .9 26 241.60 +7.93 .52
83.96 44.98 GibraltarInds ROCK ... 26 80.10 –1.68 ... 8.70 5.22 HimaxTechs HIMX 7.9 15 5.94 –0.11 .48
311.18 147.01 HinghamSvg HIFS 1.3 16 189.51 +1.52 .63 95.59 70.83 InteractiveBrkrs IBKR .4 16 91.74 +1.95 .10 0.35 0.02 LakeshoreII Rt LBBBR ... ... .19 +0.01 ... 11.00 10.15 MarsAcqn MARX ... 56 10.70 +0.03 ...
26.45 4.79 GigaCloudTech GCT ... 14 25.62 +5.72 ... 3.97 0.99 Intercure INCR ... 9 1.22 –0.20 ... 900.09 467.03 LamResearch LRCX 1.0 32 839.04 +12.722.00 0.34 0.14 MarsAcqnRt MARXR ... ... .20 –0.01 ...
27.26 15.13 HollysysAuto HOLI ... ... 25.39 –0.28 ...
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12.04 10.35 GigCapital5 GIA ... dd 10.90 +0.02 ... 111.79 66.82 InterDigital IDCC 1.5 15 105.33 –1.09 .40 112.34 77.21 LamarAdv LAMR 4.7 26 106.37 +0.61 1.25 23.38 17.34 MartenTransport MRTN 1.2 22 19.28 –0.57 .06
7.16 4.51 GilatSatellite GILT ... 26 6.41 +0.48 ... 87.88 64.02 Hologic HOLX ... 41 74.41 +0.89 ...
44.00 27.75 HomeBancorp HBCP 2.4 8 41.39 +1.12 .25 13.00 6.51 Interface TILE .3 ... 12.34 +0.56 .01 220.65 158.88 LancasterColony LANC 2.0 42 179.86 +7.96 .90 3.31 1.95 MartinMidstream MMLP .9 dd 2.26 ....005
87.87 72.87 GileadSciences GILD 3.8 17 79.52 –7.77 .75 54.94 39.10 IntlBcshs IBOC 2.3 8 54.32 +1.46 .63 23.98 15.70 LandmarkBncp LARK 3.8 11 21.08 +0.63 .20 73.53 36.64 MarvellTech MRVL .4 dd 68.04 –3.04 .06
71.91 26.24 GitLab GTLB ... dd 69.41 +1.04 ... 30.15 4.20 HomeStreet HMST 2.7 dd 15.02 +0.07 .10
30.99 18.02 HomeTrustBcshs HTBI 1.5 10 29.09 +2.75 .11 7.54 3.07 Intevac IVAC ... dd 4.33 +0.04 ... 208.62 161.13 LandstarSystem LSTR .7 24 197.11 +3.832.00 198.00 75.22 Masimo MASI ... 78 127.28 +2.28 ...
11.28 8.87 GladstoneCap GLAD 9.2 9 10.80 –0.29.0825 74.17 42.01 Intra-Cellular ITCI ... dd 67.37 +1.92 ... 100.85 50.20 Lantheus LNTH ... 37 52.88 –0.20 ... 35.29 19.25 MasterCraftBoat MCFT ... 5 20.63 –0.09 ...
17.24 10.84 GladstoneComm GOOD 9.0 dd 13.35 –0.03 .10 1.76 0.46 HomologyMed FIXX ... dd .70 +0.11 ...
3.75 1.06 Honest HNST ... dd 2.89 +0.19 ... 649.47 384.05 Intuit INTU .6 70 641.36 +19.18 .90 10.80 2.63 LanzaTechGlobal LNZA ... dd 4.81 +0.74 ... 54.60 27.85 MatchGroup MTCH ... 22 37.96 +1.90 ...
14.96 12.11 GladstoneInvt GAIN 6.6 6 14.49 –0.01 .08 136.00 2.09 IntuitiveMachinesA LUNR ... 1 2.57 –0.04 ... 6.87 1.86 Largo LGO ... dd 2.06 –0.06 ... 11.42 4.93 Materialise MTLS ... cc 5.83 –0.16 ...
20.00 13.35 GladstoneLand LAND 4.0 dd 14.08 +0.45.0465 210.87 174.88 Honeywell HON 2.1 25 201.80 +1.02 1.08
27.15 14.73 HookerFurnishings HOFT 3.7 dd 25.02 +1.46 .23 384.00 222.65 IntuitiveSurgical ISRG ... 75 374.76 –0.06 ... 6.85 2.18 LarimarTherap LRMR ... dd 4.89 +0.61 ... 12.99 4.58 MatrixService MTRX ... dd 9.59 +0.22 ...
11.52 10.14 GlblBlockchain GBBK ... 54 10.68 +0.06 ... 6.49 2.22 Inventiva IVA ... dd 3.81 –0.02 ... 4.77 2.04 Latham SWIM ... dd 2.74 +0.38 ... 22.64 15.36 Mattel MAT ... 80 18.35 +0.48 ...
0.55 0.05 GlbBlockchainRt GBBKR ... ... .08 –0.02 ... 13.81 7.42 HopeBancorp HOPE 4.7 9 11.83 +0.21 .14
16.43 7.69 HorizonBancorp HBNC 4.7 22 13.75 +0.28 .16 21.72 9.07 Investar ISTR 2.3 10 17.63 +0.91 .10 98.30 51.96 LatticeSemi LSCC ... 41 62.53 –5.93 ... 4.07 1.84 Matterport MTTR ... dd 2.32 +0.07 ...
45.72 24.26 Global-EOnline GLBE ... dd 38.75 +1.28 ... 4.50 3.02 InvestcpCredit ICMB13.8 dd 3.49 –0.03 .03 14.81 10.25 LaureateEduc LAUR .0 21 13.08 +0.37 .70 48.86 32.80 MatthewsIntl MATW 2.8 27 34.33 +1.00 .24
10.32 10.04 GlobalLightsAcqn GLAC ... ... 10.16 –0.01 ... 10.84 10.12 HorizonSpaceI HSPO ... 44 10.76 +0.01 ...
1.03 0.04 HorizonSpaceI Rt HSPOR ... ... .10 ... ... 11.11 10.37 InvestcorpEur I A IVCB ... dd 11.11 +0.02 ... 15.82 4.72 Lavoro LVRO ... ... 8.23 –0.48 ... 6.02 2.45 MaxCyte MXCT ... dd 5.03 –0.09 ...
0.26 0.15 GlobalLightsAcqnRt GLACR ... ... .17 –0.01 ... 11.31 10.39 InvestcorpIndiaA IVCA ... 35 11.07 +0.01 ... 7.35 4.52 LeadRealEstate LRE ... 18 5.25 –0.05 ... 38.91 3.91 MaxeonSolar MAXN ... dd 4.78 +0.21 ...
10.91 10.15 GlobalStarA GLST ... 86 10.68 ... ... 13.73 10.14 HorizonTechFin HRZN10.0 dd 13.26 +0.50 .11
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

20.39 14.51 HostHotels HST 4.1 19 19.70 –0.26 .25 170.68 127.71 InvestorsTitle ITIC 1.1 14 170.68 +13.884.00 9.99 1.76 LeddarTech LDTC ... dd 3.91 –0.75 ... 43.66 13.43 MaxLinear MXL ... dd 22.14 –0.01 ...
0.31 0.02 GlobalStarRt GLSTR ... ... .10 –0.05 ... 4.88 0.98 Invivyd IVVD ... dd 4.51 –0.19 ... 23.51 7.56 LeeEnterprises LEE ... dd 10.86 +0.72 ... 122.83 85.63 McGrathRent MGRC 1.7 23 111.75 +1.23 .465
14.95 9.34 GlobalWaterRscs GWRS 2.5 38 12.15 +0.01.0251 31.00 1.47 HubCyberSecurity HUBC ... ... 1.66 –0.04 ...
104.67 63.45 HubGroup HUBG ... 14 92.16 +0.82 ... 54.44 32.69 IonisPharm IONS ... dd 51.49 +0.51 ... 25.73 17.67 LegacyHousing LEGH ... 9 24.34 +1.10 ... 10.49 5.64 MedallionFinl MFIN 4.0 4 10.05 +0.22 .10
72.50 48.12 GlobalFoundries GFS ... 22 56.50 –2.67 ... 10.31 3.21 IovanceBiotherap IOVA ... dd 7.59 –0.19 ... 15.68 6.89 LegalZoom LZ ... cc 10.68 –0.15 ... 2.66 1.30 MediciNova MNOV ... dd 1.47 –0.03 ...
11.80 10.21 GlobalinkInvt GLLI ... 71 10.87 ... ... 10.71 10.16 HudsonAcqnI HUDA ... dd 10.61 +0.01 ...
1.07 0.10 HudsonAcqnIRt HUDAR ... ... .13 –0.02 ... 7.99 3.44 iQIYI IQ ... 13 3.53 –0.13 ... 77.32 42.91 LegendBiotech LEGN ... dd 56.55 –0.13 ... 14.55 7.10 MediWound MDWD ... dd 12.80 –0.20 ...
4.16 1.11 GlycoMimetics GLYC ... dd 3.18 +0.20 ... 140.23 70.24 iRhythmTechs IRTC ... dd 117.47 +7.98 ... 68.67 44.27 LeMaitreVascular LMAT 1.0 46 56.62 –1.03 .14 317.57 167.00 Medpace MEDP ... 35 298.16 +2.46 ...
17.94 8.60 Gogo GOGO ... 8 9.02 +0.23 ... 27.10 14.66 HudsonGlobal HSON ... 30 14.80 –0.53 ...
2.08 0.66 HuizeHolding HUIZ ... 4 .69 –0.01 ... 3.48 1.31 Iridex IRIX ... dd 2.83 +0.05 ... 47.82 10.12 LendingTree TREE ... dd 33.62 +5.96 ... 45.49 0.85 MeihuaIntlMed MHUA ... 3 .90 ... ...
5.08 2.06 Gogoro GGR ... dd 2.20 ... ... 68.34 34.21 IridiumComm IRDM 1.4 dd 36.52 –0.74 .13 20.95 10.80 LeonardoDRS DRS ... 31 19.58 +0.50 ... 8.77 3.49 MeiraGTx MGTX ... dd 6.75 +0.63 ...
25.06 19.62 GolarLNG GLNG 4.4 42 22.85 +0.99 .25 5.60 1.96 Humacyte HUMA ... dd 2.91 +0.24 ...
209.21 163.66 JBHunt JBHT .8 30 206.42 +7.70 .43 9.69 1.73 IrisEnergy IREN ... ... 4.27 –0.05 ... 4.89 3.00 LesakaTech LSAK ... dd 3.35 +0.11 ... 14.46 6.80 MelcoResorts MLCO ... dd 8.44 +0.83 ...
47.50 30.38 GoldenEnt GDEN .0 4 39.27 –0.422.00 51.49 15.77 iRobot IRBT ... dd 16.99 –0.27 ... 17.13 4.39 Leslie's LESL ... 47 6.85 +0.09 ... 1799.27 1063.02 MercadoLibre MELI ... 93 1795.80 +69.61 ...
10.79 6.89 GoldenOcean GOGL 4.7 17 10.74 +0.31 .10 15.62 9.13 HuntingtonBcshs HBAN 4.8 11 13.05 +0.33 .155
30.41 19.29 Hurco HURC 2.7 36 23.90 +0.66 .16 13.78 8.07 IronwoodPharm IRWD ... dd 13.39 +0.72 ... 22.33 9.00 LexeoTherap LXEO ... ... 16.51 +0.18 ... 42.13 23.89 MercantileBank MBWM 3.4 8 40.89 +1.84 .35
10.51 10.14 GoldenStarAcqn GODN ... ... 10.50 ... ... 11.51 10.13 IsraelAcqns ISRL ... 50 10.70 –0.04 ... 3.79 0.92 LexiconPharm LXRX ... dd 1.82 +0.52 ... 13.25 7.37 MercerIntl MERC 3.4 dd 8.78 +0.18 .075
1.00 0.14 GoldenStarAcqnRt GODNR ... ... .17 –0.05 ... 113.31 66.51 HuronConsulting HURN ... 27 104.68 –0.30 ...
22.75 6.05 Hut8 HUT ... dd 8.45 +1.54 ... 22.76 8.20 iTeosTherap ITOS ... dd 10.35 –0.20 ... 3.86 1.62 LexinFintech LX 5.3 2 1.91 +0.11 .116 59.13 28.90 MercurySystems MRCY ... dd 30.59 –0.36 ...
15.70 12.27 GolubCapital GBDC10.0 10 15.61 +0.21 .39 79.99 50.35 Itron ITRI ... 45 73.93 –1.96 ... 47.33 20.80 LiAuto LI ... 33 27.62 –0.62 ... 16.30 7.80 Meridian MRBK 3.9 8 12.66 –0.49 .125
9.37 4.14 GoodRx GDRX ... cc 6.49 +0.06 ... 2.27 0.67 Hydrofarm HYFM ... dd 1.00 +0.07 ...
31.01 20.35 IturanLocation ITRN 2.7 11 25.56 +0.29 .24 4.78 1.33 LianBio LIAN ... dd 4.20 +0.12 ... 85.62 62.58 MeritMedical MMSI ... 45 78.12 –0.88 ...
16.51 9.86 Goodyear GT ... dd 14.67 +1.02 ... 3.28 0.83 Hyperfine HYPR ... dd .99 +0.03 ...
7.50 1.15 Hywin HYW ... 2 1.28 +0.09 ... J 97.05 70.01 LibertyBroadbandA LBRDA ... 18 79.62 +2.01 ... 13.52 11.22 MerrimackPharm MACK ... dd 13.25 +0.05 ...
79.80 35.62 GooseheadIns GSHD ... cc 78.15 +2.68 ...
2.35 0.45 HyzonMotors HYZN ... dd .76 +0.17 ... 96.88 70.36 LibertyBroadbandC LBRDK ... 18 80.45 +2.33 ... 9.62 0.80 MersanaTherap MRSN ... dd 3.22 +0.51 ...
6.57 2.41 GoPro GPRO ... dd 3.20 +0.07 ... 36.84 13.67 JakksPacific JAKK ... 4 31.64 +0.70 ...
22.09 15.01 LibertyGlobalA LBTYA ... dd 20.19 +0.79 ... 35.78 14.52 Merus MRUS ... dd 34.04 –0.95 ...
11.10 9.96 GoresIX A GHIX ... cc 10.52 +0.02 ... I 177.71 133.27 J&JSnackFoods JJSF 1.8 39 160.67 –1.47 .735
21.90 15.47 LibertyGlobalB LBTYB ... dd 21.00 +2.18 ... 3.82 0.40 MesaAir MESA ... dd .99 +0.03 ...
3.06 0.45 GossamerBio GOSS ... dd .80 –0.07 ... 64.46 20.82 JD.com JD 2.5 11 23.86 +1.57 .62
69.85 41.39 IAC IAC ... dd 51.06 +0.57 ... 22.78 16.27 LibertyGlobalC LBTYK ... dd 21.47 +0.98 ... 206.36 82.86 MesaLabs MLAB .7 dd 95.01 +3.79 .16
3.92 2.65 Grab GRAB ... dd 3.17 +0.17 ... 10.92 6.14 J-Long JL ... ... 10.05 +5.05 ...
31.40 11.45 IBEX IBEX ... 14 18.28 +0.69 ... 10.01 6.36 LibertyLatAmA LILA ... 9 7.29 +0.16 ... 10.24 1.61 Mesoblast MESO ... dd 1.83 –0.09 ...
10.22 1.40 GracellBiotech GRCL ... dd 10.06 +0.07 ... 43.20 24.12 Joyy YY 5.5 dd 31.19 +1.34 .20
145.40 98.54 ICF Intl ICFI .4 39 141.75 +11.09 .14 9.98 6.41 LibertyLatAmC LILAK ... 9 7.34 +0.13 ... 396.79 146.95 MetaPlatforms META ... 35 394.14 +10.69 ...
144.94 99.65 GrandCanyonEduc LOPE ... 20 129.13 +4.56 ... 184.19 136.57 JackHenry JKHY 1.2 34 169.57 +3.18 .52
212.43 78.28 ICU Medical ICUI ... dd 95.61 +1.25 ... 69.48 55.08 LibertyFormOne A FWONA ... 32 61.45 +4.69 ... 11.19 10.19 MetalSkyStar MSSA ... 43 10.94 ... ...
3.43 1.91 GraphiteBio GRPH ... dd 2.94 +0.16 ... 99.56 60.43 JackintheBox JACK 2.3 12 77.73 –0.26 .44
43.19 13.29 IDEAYA Bio IDYA ... dd 42.19 +1.16 ... 37.49 29.48 LibertyLiveA LLYVA ... ... 37.04 +1.02 ... 0.22 0.07 MetalSkyStarRt MSSAR ... ... .19 +0.02 ...
11.82 7.51 GreatElmCap GECC12.7 6 10.99 +0.20 .10 24.92 8.01 JamesRiver JRVR 2.1 6 9.41 +0.82 .05
568.30 372.50 IdexxLab IDXX ... 54 524.98 +1.16 ... 78.58 60.95 LibertyFormOne C FWONK ... 36 68.26 +5.22 ... 54.83 38.18 Methanex MEOH 1.6 17 45.58 +1.60 .185
2.41 1.59 GreatElm GEG ... 2 1.90 –0.02 ... 22.89 14.83 JamfHolding JAMF ... dd 19.59 +0.42 ...
86.71 37.53 IES Holdings IESC ... 18 81.73 –2.94 ... 39.00 29.63 LibertyLiveC LLYVK ... ... 37.45 +1.06 ... 26.23 13.10 MetroCityBkshs MCBS 3.3 12 24.48 +0.53 .20
9.67 4.75 GreatLakesDredge GLDD ... dd 7.78 +0.52 ... 23.64 5.65 JanuxTherap JANX ... dd 9.33 +0.08 ...
25.53 3.81 IGM Biosci IGMS ... dd 10.63 +0.11 ... 31.69 22.01 LibertySirius A LSXMA ... 16 30.97 –0.28 ... 94.30 68.75 MicrochipTech MCHP 2.0 19 86.92 –2.52 .439
61.94 45.39 GreatSouthernBncp GSBC 2.9 10 54.79 –1.64 .40 158.64 111.25 JazzPharm JAZZ ... cc 122.54 +6.00 ...
7.00 1.16 I-Mab IMAB ... ... 1.80 +0.26 ... 31.53 22.19 LibertySirius B LSXMB ... 16 31.01 –0.09 ... 90.04 52.76 MicronTech MU .5 dd 88.05 +0.54 .115
37.49 19.68 GreenPlains GPRE ... dd 21.61 +0.68 ... 17.50 0.90 Jet.AI JTAI ... 8 .92 –0.12 ...
3.95 0.65 IN8bio INAB ... dd 1.30 –0.04 ... 31.67 22.24 LibertySirius C LSXMK ... 16 30.90 –0.31 ... 407.01 242.20 Microsoft MSFT .7 39 403.93 +5.26 .75
10.50 1.55 GreenidgeGen GREE ... dd 3.88 +0.02 ... 9.45 3.42 JetBlue JBLU ... dd 5.53 +0.54 ...
2.95 0.82 IO Biotech IOBT ... dd 1.79 +0.02 ... 11.10 10.35 LibertyRscsA LIBY ... cc 11.09 –0.01 ... 727.77 188.30 MicroStrategy MSTR ... cc 494.50 +13.50 ...
5.84 0.45 Greenlane GNLN ... dd .48 +0.02 ... 35.35 17.11 JFrog FROG ... dd 32.90 –1.04 ...
141.85 83.00 IPG Photonics IPGP ... 54 99.20 +0.57 ... 11.46 1.52 LifecoreBiomed LFCR ... dd 6.64 –0.39 ... 2.91 0.83 Microvast MVST ... dd .88 –0.06 ...
11.72 9.07 GreenlightCapRe GLRE ... 4 11.44 +0.27 ... 2.18 0.51 JianzhiEduc JZ ... ... .63 –0.03 ...
30.84 17.87 i3Verticals IIIV ... dd 19.58 +0.02 ... 9.11 1.14 LifeMD LFMD ... dd 5.87 –0.15 ... 8.20 1.82 MicroVision MVIS ... dd 2.39 +0.11 ...
12.15 6.35 Grifols GRFS ... cc 8.01 +1.25 ... 8.19 2.41 Jiayin JFIN 13.6 1 5.58 –0.23 .40
12.15 10.00 IXAcqnA IXAQ ... 25 11.11 +0.05 ... 9.59 4.63 LifeStanceHealth LFST ... dd 6.43 –0.39 ... 32.61 18.25 MidPennBancorp MPB 3.5 9 23.07 +0.17 .20
17.33 6.80 GrindrodShipping GRIN 1.4 dd 8.81 –0.231.016 71.88 44.36 JohnsonOutdoors JOUT 2.7 26 48.66 +1.55 .33
54.48 15.00 IcahnEnterprises IEP 33.7 dd 17.81 +0.31 1.00 8.63 4.31 LifetimeBrands LCUT 2.2 dd 7.69 –0.03.0425 14.19 10.39 MidCapFin MFIC10.7 11 14.18 +0.39 .38
3.53 1.14 Gritstone GRTS ... dd 2.75 +0.18 ... K
39.84 22.26 Ichor ICHR ... dd 36.99 +0.98 ... 17.33 5.26 LifewayFoods LWAY ... 24 12.99 –1.17 ... 162.02 109.59 Middleby MIDD ... 17 141.33 –0.31 ...
36.54 24.95 GroceryOutlet GO ... 31 25.35 –0.55 ...
4.30 1.36 iClickInteract ICLK ... ... 3.84 +0.02 ... 658.78 355.88 KLA KLAC 1.0 30 599.37 –13.62 1.45 85.70 49.24 LigandPharm LGND ... 91 76.45 +3.93 ... 90.56 56.47 MiddlesexWater MSEX 2.3 31 56.57 –0.85 .325
16.25 2.89 Groupon GRPN ... dd 13.58 +1.85 ...
288.50 181.92 Icon ICLR ... 43 266.51 +6.94 ... 17.00 7.70 KLX Energy KLXE ... 4 10.20 +0.29 ... 89.02 53.77 Light&Wonder LNW ... 59 82.12 +0.23 ... 28.47 17.98 MidlandStBncp MSBI 4.5 8 26.90 +0.45 .30
100.21 50.23 GrAeroportuario OMAB ... 13 74.21 +0.54 ...
16.11 4.75 Icosavax ICVX ... dd 15.29 –0.14 ... 12.10 4.30 KVH Inds KVHI ... dd 5.28 +0.43 ... 1.90 0.37 Lilium LILM ... ... .83 ... ... 32.57 17.80 MidWestOneFin MOFG 3.7 20 26.29 +0.98.2425
41.06 20.67 GuardantHealth GH ... dd 23.10 –0.11 ...
9.01 1.78 iHeartMedia IHRT ... dd 2.85 +0.60 ... 11.92 10.60 KairousAcqn KACL ... cc 11.71 +0.03 ... 21.62 12.65 Limoneira LMNR 1.6 41 18.69 +0.45 .075 4.49 1.33 MilestonePharm MIST ... dd 1.54 +0.14 ...
5.06 2.95 GulfIslandFab GIFI ... dd 4.67 +0.26 ...
7.64 1.02 IkenaOncology IKNA ... dd 1.34 –0.18 ... 0.55 0.02 KairousAcqnRt KACLR ... ... .11 +0.02 ... 10.35 5.05 LincolnEduc LINC ... 10 9.29 +0.08 ... 31.33 13.20 MillerKnoll MLKN 2.8 40 27.04 +1.60.1875
3.60 0.85 GulfResources GURE ... dd 1.22 –0.34 ...
238.55 89.00 Illumina ILMN ... dd 140.63 +4.75 ... 94.55 53.67 KaiserAlum KALU 4.5 85 67.94 +5.33 .77 225.80 152.36 LincolnElectric LECO 1.3 26 224.05 +3.33 .71 21.15 14.46 MillicomIntl TIGO ... 80 17.73 –0.11 ...
H 9.25 5.94 Immersion IMMR 1.9 6 7.01 +0.22.045 2.27 1.53 Kaltura KLTR ... dd 1.83 +0.04 ... 434.21 318.88 Linde LIN 1.3 33 404.04 –3.341.275 2.46 1.82 Mind CTI MNDO11.5 8 2.08 +0.02 .24
56.47 32.33 H&E Equipment HEES 2.1 12 53.00 +4.36 .275 14.29 3.70 Immuneering IMRX ... dd 6.16 +0.25 ... 13.47 6.26 KalVistaPharm KALV ... dd 13.37 +0.96 ... 21.10 11.97 LiquiditySvcs LQDT ... 27 17.54 +0.62 ... 5.01 2.41 MindMed MNMD ... dd 3.69 +0.10 ...
23.49 16.33 HBT Finl HBT 3.8 10 20.19 +0.04 .19 3.17 0.95 Immunic IMUX ... dd 1.15 ... ... 6.35 4.08 Kamada KMDA ... 46 5.74 –0.13 ... 309.94 212.80 Littelfuse LFUS 1.1 19 234.60 –6.81 .65 21.98 5.85 MineralysTherap MLYS ... dd 10.30 +1.53 ...
11.30 10.32 HCM Acqn A HCMA ... cc 11.26 +0.03 ... 6.93 1.21 ImmunityBio IBRX ... dd 3.29 –0.31 ... 4.27 2.22 KandiTech KNDI ... dd 2.72 +0.21 ... 59.86 40.26 LivaNova LIVN ... cc 49.54 –0.71 ... 35.56 20.81 MirumPharm MIRM ... dd 26.17 –0.16 ...
2.32 0.91 HCW Biologics HCWB ... dd 1.10 ... ... 74.77 42.21 Immunocore IMCR ... dd 69.98 –0.04 ... 26.26 12.57 Kanzhun BZ .0 78 13.92 +0.50 .18 18.17 2.33 LivePerson LPSN ... dd 3.02 +0.15 ... 13.99 8.19 MissionProduce AVO ... dd 10.22 +0.16 ...
24.95 17.31 HMN Fin HMNF 1.3 16 22.35 –0.40 .08 30.13 3.61 Immunogen IMGN ... dd 29.57 +0.05 ... 26.69 12.54 KaratPkg KRT 2.4 15 24.51 +0.80 .20 7.06 0.40 LixiangEduc LXEH ... dd 4.06 –0.34 ... 48.11 27.29 Mobileye MBLY ... dd 28.38 +0.04 ...
44 BARRON’S January 29, 2024

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
12.50 2.45 MobixLabs MOBX ... dd 2.51 –0.44 ... 153.67 86.82 Nova NVMI ... 35 145.71 +1.28 ... 7.05 4.02 Payoneer PAYO ... 33 4.74 –0.06 ... 9.50 3.69 QurateRetailB QRTEB ... 30 5.96 –0.53 ... 20.71 2.13 Sagimet SGMT ... ... 10.67 +3.85 ...
193.52 62.55 Moderna MRNA ... dd 101.81 +2.11 ... 187.61 111.20 Novanta NOVT ... 75 157.24 –0.21 ... 88.63 50.25 PayPal PYPL ... 18 61.78 –4.04 ... 2.84 0.40 QurateRetailA QRTEA ... 4 .86 +0.02 ... 472.10 244.69 Saia SAIA ... 36 450.15 –0.67 ...
112.25 26.05 ModivCare MODV ... dd 43.04 +3.37 ... 12.50 3.98 Novavax NVAX ... dd 4.06 +0.01 ... 38.99 21.58 PeapackGladFin PGC .7 11 29.61 +1.35 .05 R 9.15 2.75 SanaBiotech SANA ... dd 5.47 +0.41 ...
7.32 3.53 MolecularPtrs MOLN ... dd 4.66 +0.10 ... 95.91 10.87 Novocure NVCR ... dd 14.21 +0.23 ... 11.00 10.31 PearlHldgsAcqnA PRLH ... 32 10.70 ... ... 35.30 19.27 SandySpringBncp SASR 5.3 9 25.77 +0.15 .34
57.50 0.67 Momentus MNTS ... dd .79 +0.02 ... 5.72 1.41 Novonix NVX ... dd 1.43 –0.15 ... 59.23 37.23 Pegasystems PEGA .2 dd 48.61 +1.04 .03 31.45 10.47 RaptTherap RAPT ... dd 25.29 +1.41 ... 127.26 79.98 Sanfilippo JBSS .8 19 106.39 +1.88 1.20
83.42 56.25 MonarchCasino MCRI 1.7 16 69.21 +1.18 .30 13.85 4.55 NubiaBrandA NUBI ... cc 8.24 +1.54 ... 17.83 4.28 Peloton PTON ... dd 5.80 +0.23 ... 21.05 8.62 RBB Bancorp RBB 3.4 8 18.75 +1.25 .16 3.73 0.29 SangamoTherap SGMO ... dd .42 –0.01 ...
218.97 108.35 monday.com MNDY ... dd 208.63 +13.00 ... 10.99 0.76 Nukkleus NUKK ... dd 1.05 +0.13 ... 16.39 10.31 Pennant PNTG ... 37 15.36 –0.35 ... 95.70 50.43 RCI Hospitality RICK .4 20 62.39 +0.52 .06 5.95 2.18 SangomaTechs SANG ... dd 2.70 –0.16 ...
14.25 1.92 Mondee MOND ... dd 2.47 +0.18 ... 13.99 4.22 NurixTherap NRIX ... dd 7.86 –0.30 ... 27.59 20.00 PennsWoodsBncp PWOD 5.9 10 21.79 +0.39 .32 32.15 10.11 RCM Tech RCMT ... 16 29.18 –0.16 ... 65.58 43.41 Sanmina SANM ... 10 50.32 –0.82 ...
78.59 60.75 Mondelez MDLZ 2.3 22 75.14 +2.29 .425 57.53 23.35 Nutanix NTNX ... dd 55.07 +0.18 ... 34.85 23.05 PeoplesBncpOH PEBO 5.1 9 30.41 –1.22 .39 25.32 12.65 REGENXBIO RGNX ... dd 12.72 –0.99 ... 57.82 42.63 Sanofi SNY ... 14 50.14 –0.89 ...
10.43 0.74 MoneyHero MNY ... dd 1.00 –0.34 ... 80.94 23.10 Nuvalent NUVL ... dd 76.30 +0.88 ... 34.88 16.35 PeoplesBncpNC PEBK 2.6 11 29.80 +0.25 .16 11.70 10.20 RF Acqn A RFAC ... cc 10.79 +0.05 ... 30.81 18.86 SapiensIntl SPNS 1.8 27 28.06 +0.54 .26
442.84 189.59 MongoDB MDB ... dd 395.29 –5.76 ... 43.81 13.32 Nuvei NVEI 1.6 dd 24.71 +1.93 .10 54.39 30.60 PeoplesFinSvcs PFIS 3.5 12 47.30 +0.44 .41 0.28 0.07 RF Acqn Rt RFACR ... ... .09 ... ... 4.76 0.40 SarcosTech&Robotic STRC ... dd .53 –0.02 ...
648.00 383.19 MonolithicPower MPWR .7 65 601.14 –30.19 1.00 628.49 189.50 NVIDIA NVDA .0 81 610.31 +15.40 .04 20.00 3.72 PepGen PEPG ... dd 6.86 +0.13 ... 5.50 2.51 RF Industries RFIL ... dd 3.11 +0.04 ... 159.89 55.25 SareptaTherap SRPT ... dd 118.73 +3.09 ...
55.70 22.72 Monro MNRO 3.6 30 31.48 +2.11 .28 10.34 4.00 Nyxoah NYXH ... dd 9.41 +4.91 ... 196.88 155.83 PepsiCo PEP 3.0 28 167.86 +2.081.265 24.50 15.36 RGC Resources RGCO 4.2 17 19.15 +0.14 .20 5.28 1.63 Savara SVRA ... dd 4.80 +0.39 ...
60.47 47.13 MonsterBev MNST ... 38 55.44 –1.74 ... 19.62 11.50 PerdoceoEduc PRDO 2.4 9 18.57 +1.01 .11 18.70 8.87 R1 RCM RCM ... dd 10.35 +0.39 ... 40.48 26.14 ScanSource SCSC ... 13 39.74 +0.95 ...
O 3.57 1.05 RackspaceTech RXT ... dd 1.77 +0.04 ...
8.83 2.44 MonteRosaTherap GLUE ... dd 5.43 +0.38 ... 12.92 6.80 PerellaWeinberg PWP 2.5 dd 11.16 –0.07 .07 36.64 22.34 SchnitzerSteel RDUS 2.9 dd 25.94 +0.46.1875
10.96 10.14 MontereyCapA MCAC ... dd 10.95 +0.01 ... 56.00 24.12 OddityTech ODD ... 66 42.34 –0.66 ... 96.93 51.23 Perficient PRFT ... 25 69.92 –0.65 ... 39.33 19.97 RadNet RDNT ... cc 37.26 –0.52 ... 21.17 5.56 ScholarRock SRRK ... dd 14.61 –0.45 ...
0.30 0.01 MontereyCapRt MCACR ... ... .16 +0.03 ... 58.98 39.36 ODP ODP ... 11 53.01 +1.70 ... 3.61 2.00 PerformantFin PFMT ... dd 2.83 +0.12 ... 23.35 13.53 Radware RDWR ... dd 18.26 +1.27 ... 47.25 30.50 Scholastic SCHL 2.0 22 39.81 +1.47 .20
289.17 163.28 Morningstar MORN .6 cc 275.54 –3.13.405 111.35 61.47 ON Semi ON ... 14 71.71 –2.16 ... 42.75 24.16 PerionNetwork PERI ... 13 30.75 +2.03 ... 11.32 0.82 RainOncology RAIN ... dd 1.21 –0.02 ... 59.24 20.76 Schrodinger SDGR ... 48 27.19 +0.81 ...
63.08 19.35 Morphic MORF ... dd 30.25 +3.61 ... 11.87 7.50 OP Bancorp OPBK 4.2 7 11.35 +0.39 .12 11.49 6.17 Perma-PipeIntl PPIH ... 13 8.31 +0.02 ... 9.88 1.34 Rallybio RLYB ... dd 1.39 –0.05 ... 12.75 4.63 scPharm SCPH ... dd 5.32 –0.02 ...
11.72 3.65 MorphoSys MOR ... 20 11.52 +2.35 ... 2.24 0.85 OPKO Health OPK ... dd .98 –0.01 ... 22.70 5.94 RamacoRscsA METC 2.9 13 18.68 –1.23 .125
4.31 0.89 Personalis PSNL ... dd 1.37 –0.13 ... 11.50 9.59 ScreamingEagleA SCRM ... 31 10.62 +0.02 ...
15.87 4.26 MotorcarParts MPAA ... dd 9.75 +0.46 ... 1039.83 767.27 OReillyAuto ORLY ... 27 1022.51 –5.59 ... 19.80 8.50 RamacoRscsB METCB 7.7 10 12.98 –0.02.2487
12.58 2.47 PetcoHealth WOOF ... dd 2.50 –0.05 ... 16.13 4.85 ScrippsEW SSP ... dd 8.97 +1.42 ...
11.35 10.45 MountainI A MCAA ... 50 11.34 ... ... 139.90 89.72 OSI Systems OSIS ... 20 132.59 +4.60 ... 76.38 39.60 Rambus RMBS ... 27 71.28 –1.94 ...
22.98 9.08 PetIQ PETQ ... 43 18.27 +0.17 ... 34.03 17.93 SeacoastBkgFL SBCF 2.8 21 26.16 –0.08 .18
10.76 0.32 Movella MVLA ... dd .38 –0.02 ... 21.64 17.70 OaktreeSpec OCSL10.2 14 21.54 +0.17 .07 6.89 1.82 RaniTherap RANI ... dd 3.58 +0.13 ...
22.64 5.50 PetMedExpress PETS17.9 dd 6.71 –0.03 .30 92.04 54.32 Seagate STX 3.1 dd 90.44 +5.02 .70
17.00 3.23 MuralOncology MURA ... ... 4.71 +0.53 ... 2.83 0.44 Oatly OTLY ... dd 1.14 +0.09 ... 1.55 0.74 RapidMicro RPID ... dd .97 ... ...
17.81 9.65 Pharming PHAR ... dd 12.69 +0.56 ... 10.06 5.40 SecureWorks SCWX ... dd 7.33 +0.21 ...
7.60 3.01 Mynaric MYNA ... dd 5.59 +0.23 ... 24.93 12.01 OceanFirstFin OCFC 4.4 11 18.17 +0.58 .20 60.15 35.87 Rapid7 RPD ... dd 54.55 +0.03 ...
30.76 6.02 Pharvaris PHVS ... dd 29.94 +2.65 ... 9.75 5.35 SecurityNatFin SNFCA ... 6 8.47 +0.34 ...
24.21 13.82 MyriadGenetics MYGN ... dd 22.22 +1.91 ... 7.96 2.00 OcularTherapeutix OCUL ... dd 4.66 +0.81 ... 62.27 17.95 RayzeBio RYZB ... ... 62.08 +0.17 ...
17.02 5.84 PhathomPharm PHAT ... dd 6.94 –0.55 ... 6.18 1.46 Seer SEER ... dd 1.77 +0.16 ...
14.50 6.26 Oculis OCS ... ... 13.25 +2.34 ... 6.00 1.15 RealGoodFood RGF ... dd 1.19 –0.02 ...
N 45.50 32.00 Phenixfin PFX ... 3 45.00 +0.26 ... 108.18 88.60 SelectiveIns SIGI 1.3 20 105.32 –0.05 .35
18.10 3.38 OfficePropIncm OPI 1.1 dd 3.67 +0.13 .01 2.94 1.00 RealReal REAL ... dd 2.02 +0.18 ...
16.52 9.40 PhibroAnimal PAHC 4.1 23 11.66 +0.59 .12 4.00 0.14 SelinaHosp SLNA ... ... .28 +0.09 ...
41.25 17.76 Napco Security NSSC .9 38 35.21 +1.28 .08 27.99 21.67 OhioValleyBanc OVBC 3.7 9 24.05 +0.05 .22 16.75 4.54 RecursionPharm RXRX ... dd 9.78 +0.15 ...
37.92 27.85 PhillipsEdison PECO 3.3 73 35.46 –0.20.0975 4.96 0.55 Semantix STIX ... dd .68 –0.01 ...
43.77 27.53 NBT Bancorp NBTB 3.5 14 37.00 –2.51 .32 92.38 65.04 Okta OKTA ... dd 84.77 +3.49 ... 58.00 43.50 RedRiverBcshs RRBI .6 10 51.88 –1.29 .08
11.83 10.50 PhoenixBiotech PBAX ... dd 11.04 –0.05 ... 12.03 6.65 SemperParatusA LGST ... cc 7.58 –3.66 ...
5.68 0.60 NGM Biopharm NGM ... dd 1.49 +0.18 ... 7.10 1.35 Olaplex OLPX ... 20 2.42 +0.22 ... 16.50 6.95 RedRobin RRGB ... dd 10.41 –0.38 ...
32.96 13.86 Photronics PLAB ... 15 30.14 –0.97 ... 35.18 13.13 Semtech SMTC ... dd 20.59 –0.61 ...
231.54 149.54 NICE NICE ... 43 214.00 +1.78 ... 438.05 295.80 OldDomFreight ODFL .4 35 392.67 +5.44 .40 54.79 37.82 RedRockResorts RRR 1.8 16 54.32 +0.31 .25
29.02 19.96 Pilgrim'sPride PPC ... cc 27.55 –0.34 ... 64.30 32.50 SenecaFoods A SENEA ... 12 54.71 +1.20 ...
31.92 20.61 NMI Holdings NMIH ... 9 31.47 +1.41 ... 18.16 11.66 OldNatlBncp ONB 3.3 9 17.16 +0.50 .14 17.68 4.26 Redfin RDFN ... dd 8.35 +0.40 ...
91.00 43.31 PinnacleFinPtrs PNFP 1.0 12 89.71 +3.91 .22 1.93 0.51 SenseiBiotherap SNSE ... dd .80 +0.01 ...
4.45 0.97 NN NNBR ... dd 4.39 +0.40 ... 17.70 10.79 Old2ndBcp OSBC 1.4 7 14.12 –1.06 .05 11.23 10.17 RedwoodsAcqn RWOD ... 78 10.93 +0.23 ...
142.10 89.30 NV5Global NVEE ... 39 107.54 +0.87 ... 1.45 0.36 PintecTech PT ... dd 1.08 –0.02 ... 1.79 1.09 SenstarTech SNT ... 21 1.12 –0.01 ...
17.79 3.00 OlemaPharm OLMA ... dd 11.16 –0.12 ... 0.20 0.03 RedwoodsAcqnRt RWODR ... ... .07 –0.06 ...
238.27 155.31 NXP Semicon NXPI 1.9 20 215.12 –3.241.014 2.32 1.01 Pixelworks PXLW ... dd 1.48 +0.17 ... 9.86 1.15 SeraPrognostics SERA ... dd 6.65 +0.65 ...
26.01 14.10 OlinkHolding OLK ... dd 25.10 +0.07 ... 68.56 54.72 RegencyCtrs REG 4.2 30 63.60 +0.87 .67
11.00 10.12 NaborsEnerIIA NETD ... ... 10.45 +0.03 ... 16.31 11.28 PlainsAllAmPipe PAA 7.8 12 16.30 +0.68.3175 6.87 0.91 SeresTherap MCRB ... dd 1.15 –0.08 ...
83.19 50.95 Ollie'sBargain OLLI ... 29 72.58 –2.19 ... 958.15 684.81 RegenPharm REGN ... 27 940.05 +6.65 ...
2.97 0.97 NanoLabs NA ... ... 1.29 –0.14 ... 17.05 11.79 PlainsGP PAGP 7.5 21 17.04 +0.61.3175 11.57 6.84 ServiceProperties SVC 10.1 dd 7.93 –0.03 .20
68.91 40.85 OlympicSteel ZEUS .7 19 67.80 +3.69 .125 37.00 5.70 Regis RGS ... dd 13.75 +4.41 ...
22.69 4.89 NanoXImaging NNOX ... dd 5.71 +0.35 ... 9.77 6.88 PlayaHotels PLYA ... 35 8.35 +0.27 ... 9.85 1.41 17Educ&Tech YQ ... dd 2.56 +0.06 ...
128.51 63.43 OmegaFlex OFLX 1.9 33 71.24 –2.70 .33 23.18 5.95 RelayTherap RLAY ... dd 9.72 –0.46 ...
11.00 1.75 Nanobiotix NBTX ... dd 7.49 +0.03 ... 5.01 2.21 Playstudios MYPS ... dd 2.26 –0.02 ... 6.22 1.88 Shapeways SHPW ... dd 2.16 +0.22 ...
10.09 1.30 OmegaTherap OMGA ... dd 3.85 +0.48 ... 4.70 2.00 RelmadaTherap RLMD ... dd 3.63 +0.19 ...
13.20 0.36 NanoStringTech NSTG ... dd .40 –0.04 ... 12.90 7.06 Playtika PLTK ... 10 7.53 +0.11 ... 2.71 0.77 Sharecare SHCR ... dd 1.07 +0.12 ...
7.80 0.92 Omeros OMER ... 10 3.29 –0.60 ... 27.95 11.25 RemitlyGlobal RELY ... dd 16.90 +0.72 ...
60.99 46.88 Nasdaq NDAQ 1.5 26 58.62 +0.77 .22 114.06 83.84 Plexus PLXS ... 21 93.03 –5.32 ... 10.66 1.33 ShattuckLabs STTK ... dd 9.93 +0.91 ...
6.72 3.14 OmniAb OABI ... dd 6.19 +0.20 ... 4.04 0.24 Renalytix RNLX ... dd .32 +0.06 ...
68.92 36.90 Natera NTRA ... dd 65.44 –1.19 ... 36.64 12.61 PliantTherap PLRX ... dd 17.14 +0.44 ... 25.51 17.01 ShenandoahTel SHEN .4 cc 20.88 +0.84 .09
77.14 28.72 Omnicell OMCL ... dd 34.99 +2.25 ... 11.30 0.98 ReneoPharm RPHM ... dd 1.65 +0.04 ...
83.00 61.35 Nathan's NATH 2.7 15 72.73 +0.96 .50 6.59 1.59 PolestarAuto PSNY ... dd 2.20 +0.15 ... 7.05 5.81 Shimmick SHIM ... ... 6.48 +0.04 ...
13.29 5.98 1-800-FLOWERS FLWS ... dd 10.72 +0.07 ... 7.79 4.04 ReNewEnergy RNW ... 68 6.85 +0.15 ...
55.12 42.79 NationalBeverage FIZZ ... 27 47.17 +0.17 ... 10.19 6.51 PonceFinl PDLB ... dd 9.36 +0.21 ... 28.90 12.11 ShoalsTech SHLS ... 16 13.33 +0.15 ...
5.62 3.72 180DegreeCap TURN ... dd 4.01 –0.03 ... 13.85 3.08 RepareTherap RPTX ... dd 6.52 +0.38 ...
6.49 1.01 NatlCineMedia NCMI ... 1 4.23 +0.09 ... 11.56 10.15 PonoCapTwoA PTWO ... cc 10.83 –0.01 ... 315.95 157.00 ShockwaveMed SWAV ... 35 227.09 +9.90 ...
3.36 1.19 111 YI ... dd 1.49 +0.03 ... 204.00 110.45 Repligen RGEN ... 95 193.40 +15.38 ...
423.97 307.77 Pool POOL 1.2 27 377.39 –9.45 1.10 30.94 19.24 ShoeCarnival SCVL 1.8 9 26.04 +0.40 .12
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

47.60 37.65 NatlResearch NRC 1.2 35 40.10 +0.81 .12 6.63 3.45 1stdibs.com DIBS ... dd 4.94 +0.05 ... 29.52 5.89 Replimune REPL ... dd 7.78 +0.26 ...
43.82 13.71 NationalVision EYE ... dd 19.42 +0.07 ... 87.73 49.34 Popular BPOP 2.8 12 87.62 +6.29 .62 18.15 9.66 ShoreBancshares SHBI 3.5 18 13.76 +0.65 .12
13.51 0.42 OneMedNet ONMD ... dd .51 +0.08 ... 57.54 37.23 RepublicBcpKYA RBCAA 3.0 12 54.07 +3.35 .407
488.90 225.02 NatlWesternLife NWLI .1 14 483.30 –0.18 .36 24.41 12.85 Portillo's PTLO ... 54 14.00 +0.56 ... 34.10 10.39 Shyft SHYF 1.8 14 11.31 +0.45 .05
39.15 21.78 OneWaterMarine ONEW ... dd 26.24 –3.17 ... 7.77 5.19 ReservoirMedia RSVR ... dd 7.05 –0.04 ...
9.69 5.06 NaturalAlt NAII ... 47 6.08 –0.22 ... 23.72 16.27 PortmanRidge PTMN14.6 dd 18.87 +0.48 .69 4.94 0.56 Sientra SIEN ... dd .59 +0.02 ...
12.00 10.37 OnyxAcqnIA ONYX ... cc 11.15 +0.04 ... 18.48 12.50 ResourcesConnect RGP 4.1 17 13.74 +0.56 .14
4.65 1.78 NautilusBiotech NAUT ... dd 2.99 –0.02 ... 8.82 1.54 PoseidaTherap PSTX ... dd 3.20 +0.44 ... 23.21 15.01 SierraBancorp BSRR 4.2 9 21.90 +0.74 .23
11.99 4.89 OpenLending LPRO ... 40 7.46 –0.04 ... 16.37 10.99 RetailOppor ROIC 4.3 48 13.98 –0.02 .15
19.69 14.10 Navient NAVI 3.5 6 18.12 +0.96 .16 13.33 7.09 Potbelly PBPB ... 75 12.75 –0.16 ... 13.32 1.04 SightSciences SGHT ... dd 4.56 –0.59 ...
43.69 32.04 OpenText OTEX 2.3 34 43.50 +2.33 .25 37.98 5.47 RevanceTherap RVNC ... dd 5.96 +0.30 ...
11.17 4.76 NavitasSemi NVTS ... dd 6.20 –0.08 ... 54.44 41.31 PotlatchDelt PCH 3.9 56 45.98 –1.02 .45 19.98 4.55 SilenceTherap SLN ... dd 19.09 +0.68 ...
5.41 1.10 OpendoorTech OPEN ... dd 3.35 +0.20 ... 11.81 4.50 RevelstoneCapA RCAC ... cc 10.71 –0.02 ...
25.38 16.38 Nayax NYAX ... dd 22.03 –0.83 ... 97.63 37.36 PowellIndustries POWL 1.4 17 76.83 –3.38.2625 49.23 13.75 Silicom SILC ... 8 17.05 –0.40 ...
28.58 6.30 Opera OPRA 7.3 15 10.75 –0.29 .40 35.60 15.44 RevolutionMed RVMD ... dd 27.75 +0.82 ...
35.83 19.58 nCino NCNO ... dd 31.52 –0.52 ... 11.24 10.13 Pwr&Digital II A XPDB ... cc 10.76 –0.05 ... 194.68 74.56 SiliconLabs SLAB ... 70 128.43 +2.10 ...
8.06 2.13 OportunFin OPRT ... dd 4.01 +0.13 ... 30.54 24.80 ReynoldsCnsmr REYN 3.4 21 27.23 +0.12 .23
28.64 12.06 NeoGames NGMS ... dd 28.10 +0.04 ... 99.60 66.90 PowerIntegrations POWI 1.0 69 77.13 –5.12 .20 95.33 49.50 SiliconMotion SIMO 1.6 38 62.30 –2.09 .50
6.09 1.60 Opthea OPT ... dd 2.69 –0.08 ... 50.28 15.50 RhythmPharm RYTM ... dd 44.35 +3.31 ...
24.10 14.44 Neogen NEOG ... cc 16.14 –0.86 ... 3.49 1.64 PowerFleet PWFL ... dd 3.01 –0.35 ... 57.96 6.08 SilkRoadMed SILK ... dd 15.15 +0.30 ...
4.74 2.26 OpticalCable OCC ... 11 2.75 +0.23 ... 4.84 1.78 RibbonComms RBBN ... dd 3.17 +0.19 ...
21.74 6.38 NerdWallet NRDS ... dd 16.09 +1.07 ... 11.80 10.07 PowerUpAcqn PWUP ... 57 10.95 ... ... 10.47 7.29 SilverSpikeInvt SSIC 12.5 ... 7.69 –0.52 .45
2.07 0.90 Optinose OPTN ... dd 1.44 +0.08 ... 24.97 9.81 RichardsonElec RELL 2.3 18 10.24 +0.28 .06
91.78 59.73 NetApp NTAP 2.3 27 88.06 +0.25 .50 76.80 11.85 PraxisPrecision PRAX ... dd 37.45 +0.03 ... 23.20 14.94 SilvercrestAsset SAMG 4.4 14 17.15 +0.53 .19
35.74 24.23 OptionCare OPCH ... 22 31.09 –0.94 ... 1.96 0.71 RigelPharm RIGL ... dd 1.29 –0.07 ...
118.90 76.85 NetEase NTES 1.7 18 102.26 +10.56 .495 2.01 0.81 Precigen PGEN ... dd 1.38 +0.10 ... 23.68 13.36 SimmonsFirstNat SFNC 4.2 15 20.22 +1.30 .21
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

8.45 4.38 OraSureTechs OSUR ... 11 7.59 –0.19 ... 5.32 2.01 RiminiStreet RMNI ... 26 3.32 +0.15 ...
579.64 285.33 Netflix NFLX ... 47 570.42 +87.47 ... 77.65 42.42 PreferredBankLA PFBC 3.8 7 72.73 +0.78 .70 52.69 32.69 SimulationsPlus SLP .6 74 38.86 +0.36 .06
23.39 4.26 OrchestraBioMed OBIO ... dd 7.32 –1.40 ... 7.54 4.17 RiverviewBncp RVSB 4.1 13 5.80 –0.05 .06
20.85 10.40 Netgear NTGR ... dd 14.80 +0.74 ... 184.82 84.57 PreformedLine PLPC .6 9 131.70 +7.70 .20 22.41 9.39 Sinclair SBGI 5.9 13 16.87 +1.48 .25
3.92 0.97 OrganiGram OGI ... dd 1.64 –0.22 ... 28.06 11.68 Rivian RIVN ... dd 15.29 –0.19 ...
36.01 19.74 NetScout NTCT ... dd 22.48 +0.75 ... 8.57 1.66 PreludeTherap PRLD ... dd 3.58 +0.33 ... 7.95 3.32 SiriusXM SIRI 2.0 16 5.34 –0.08.0266
11.25 4.09 OricPharm ORIC ... dd 10.21 +0.19 ... 17.00 2.70 Roadzen RDZN ... 98 5.30 +1.12 ...
19.30 9.35 NeumoraTherap NMRA ... ... 15.42 +1.17 ... 25.64 13.60 PremierFinl PFC 5.6 7 22.17 –0.68 .31 142.88 81.09 SiTime SITM ... dd 116.53 –4.72 ...
22.62 9.57 OrthofixMed OFIX ... dd 14.44 +0.93 ... 13.51 7.91 Robinhood HOOD ... dd 10.79 +0.08 ...
142.75 89.04 Neurocrine NBIX ... 76 142.15 +4.78 ... 33.76 18.89 Premier PINC 3.9 15 21.76 –0.34 .21 11.10 9.50 SizzleAcqn SZZL ... dd 9.50 –1.50 ...
53.50 23.10 OrthoPediatrics KIDS ... dd 26.37 –2.47 ... 32.53 14.89 RocketPharm RCKT ... dd 28.25 +1.69 ...
33.25 9.80 Neurogene NGNE ... dd 31.70 +1.61 ... 24.15 3.84 Prenetics PRE ... dd 4.63 +0.16 ... 34.53 17.56 SkywardSpecIns SKWD ... 18 31.47 –0.22 ...
92.74 60.20 OtterTail OTTR 2.0 13 88.39 +2.46.4375 33.09 11.78 RockyBrands RCKY 2.3 20 27.48 +0.77 .155
6.63 1.03 Neuronetics STIM ... dd 3.35 +0.03 ... 5.74 0.23 PrestoAutomation PRST ... dd .26 –0.03 ... 54.63 16.59 SkyWest SKYW ... dd 54.08 +4.34 ...
5.95 3.34 Outbrain OB ... dd 4.00 +0.01 ... 5.99 3.72 RockyMtnChoc RMCF ... dd 4.50 +0.15 ...
15.09 3.01 NeuroPace NPCE ... dd 14.57 +0.28 ... 83.71 61.82 PriceSmart PSMT 1.2 21 75.84 –1.30 .46 123.69 85.06 Skyworks SWKS 2.6 17 104.59 –1.45 .68
30.55 2.90 OutsetMedical OM ... dd 3.50 –0.11 ... 13.24 6.59 RoivantSciences ROIV ... dd 10.37 +0.02 ...
42.17 25.06 NewFortressEner NFE 1.2 17 33.24 +0.86 .10 21.48 5.54 PrimeMedicine PRME ... dd 6.53 +0.03 ... 41.61 9.00 SleepNumber SNBR ... 57 11.01 +0.26 ...
4.14 1.90 OvidTherap OVID ... dd 3.72 +0.58 ... 108.84 51.62 Roku ROKU ... dd 89.00 +1.93 ...
13.23 11.27 NewMtnFin NMFC 9.8 12 13.05 +0.20 .10 13.42 7.01 PrimisFinl FRST 3.0 32 13.18 +0.76 .10 2.65 1.44 SmartSand SND ... 6 1.89 +0.09 ...
6.27 4.41 OxfordLane OXLC18.5 8 5.20 +0.11 .08 14.80 3.31 Root ROOT ... dd 8.76 –0.15 ...
11.67 10.26 NewProvidenceII A NPAB ... 66 10.77 +0.07 ... 38.20 23.49 PrincetonBncp BPRN 3.6 8 33.73 –0.76 .30 14.86 10.34 Smith&Wesson SWBI 3.6 21 13.30 +0.17 .12
3.70 2.60 OxfordSquare OXSQ13.8 cc 3.05 +0.04 .035 554.23 416.78 RoperTech ROP .5 47 549.68 +1.19 .75
12.96 7.23 NY Mortgage NYMT 9.5 dd 8.38 +0.07 .20 93.87 65.17 PrincipalFinl PFG 3.3 13 80.51 +2.19 .67 12.38 6.70 SnapOne SNPO ... dd 8.45 –0.24 ...
PQ 142.01 99.00 RossStores ROST .9 28 141.76 +4.13 .335
26.35 5.63 NewAmstPharma NAMS ... ... 22.30 +2.80 ... 30.15 19.57 PriviaHealth PRVA ... 75 22.84 +2.01 ... 3.07 0.83 SoYoungIntl SY ... 22 .99 –0.02 ...
11.42 10.36 RothCHAcqnA USCT ... 79 10.97 +0.01 ...
16.76 6.50 NewellBrands NWL 3.2 dd 8.69 +0.54 .07 31.36 15.66 PAM Transport PTSI ... 13 21.80 +1.10 ... 6.70 1.95 Procaps PROC ... 8 4.12 –0.22 ... 10.58 9.94 SocialLvgI A SLAC ... 61 10.42 –0.07 ...
11.36 10.15 RothCHAcqnV ROCL ... dd 10.78 +0.03 ...
11.23 5.07 Newmark NMRK 1.2 cc 10.40 +0.66 .03 19.41 12.86 PCB Bancorp PCB 4.0 8 17.78 –0.05 .18 23.96 6.46 ProFrac ACDC ... 8 7.73 +0.49 ... 11.70 4.45 SoFiTech SOFI ... dd 7.62 +0.13 ...
11.10 3.73 Rover ROVR ... cc 10.94 ... ...
25.05 15.58 NewsCorp A NWSA .8 cc 24.74 +0.71 .10 70.45 37.76 PCConnection CNXN .5 22 65.90 +1.24 .08 62.34 49.02 ProgressSoftware PRGS 1.2 37 58.41 +0.50 .175 17.25 7.80 Sohu.com SOHU ... dd 10.03 +0.55 ...
147.82 101.82 RoyalGold RGLD 1.4 32 115.09 –1.25 .40
26.04 15.73 NewsCorp B NWS .8 cc 25.75 +0.74 .10 152.99 59.67 PDD PDD ... 32 141.77 –1.87 ... 44.95 29.44 Progyny PGNY ... 73 37.69 +0.28 ... 5.32 0.92 SolGelTech SLGL ... dd 1.20 +0.05 ...
39.25 25.92 RoyaltyPharma RPRX 2.9 73 29.11 +0.04 .21
20.83 10.75 NewtekOne NEWT 5.5 13 13.00 +0.43 .18 48.02 26.12 PDF Solutions PDFS ... cc 32.60 +0.94 ... 10.90 10.07 ProjectEnReimag PEGR ... 66 10.64 –0.02 ... 345.80 63.25 SolarEdgeTech SEDG ... 19 68.84 –0.27 ...
50.50 33.37 RushEnt A RUSHA 1.5 8 45.68 +1.55 .17
217.76 132.30 NexstarMedia NXST 3.0 16 180.63 +8.10 1.35 36.26 18.35 PENN Entmt PENN ... dd 23.53 +0.25 ... 6.05 0.35 ProSomnus OSA ... dd .81 +0.16 ... 9.05 1.81 SolidBiosci SLDB ... dd 7.98 –0.12 ...
53.11 36.45 RushEnt B RUSHB 1.4 8 48.16 +1.59 .17
2.24 0.32 Next.e.GO EGOX ... dd .33 –0.03 ... 3.58 0.43 PLBY Group PLBY ... dd 1.13 +0.05 ... 7.70 5.03 ProspectCapital PSEC11.6 ... 6.19 +0.12 .06 3.86 1.10 SolidPower SLDP ... dd 1.46 +0.28 ...
48.77 12.21 RxSight RXST ... dd 47.10 +1.29 ...
1.92 0.98 NextCure NXTC ... dd 1.27 +0.14 ... 9.72 1.18 PMV Pharm PMVP ... dd 1.70 +0.09 ... 30.10 12.80 ProtagonistTherap PTGX ... dd 24.93 +0.16 ... 35.00 2.33 Sonder SOND ... dd 2.42 –0.13 ...
136.14 86.36 Ryanair RYAAY 1.1 12 130.11 +3.44.9653
49.82 28.24 Nextracker NXT ... 23 43.54 +0.01 ... 43.34 11.85 PRA Group PRAA ... dd 24.10 +1.03 ... 4.18 1.04 ProtaraTherap TARA ... dd 2.60 +0.69 ... 21.98 9.78 Sonos SONO ... dd 16.28 –0.05 ...
49.39 24.83 ProceptBio PRCT ... dd 46.15 +0.61 ... 79.65 28.51 Prothena PRTA ... dd 32.63 –0.42 ... S 5.84 2.13 SophiaGenetics SOPH ... dd 4.90 +0.40 ...
8.59 3.16 NexxenIntl NEXN ... dd 5.23 +0.01 ...
8.57 4.37 NicholasFin NICK ... dd 7.02 +0.06 ... 182.67 115.45 PTC PTC ... 88 180.65 +5.95 ... 14.98 10.16 ProvidentFin PROV 3.8 13 14.79 +1.03 .14 38.43 24.51 S&T Bancorp STBA 3.8 9 34.92 +2.11 .33 19.40 12.34 SoteraHealth SHC ... dd 14.98 ... ...
3.71 0.52 Nikola NKLA ... dd .71 +0.06 ... 59.84 17.53 PTC Therap PTCT ... dd 27.05 –0.01 ... 14.55 2.05 PsyenceBiomed PBM ... dd 2.35 –4.30 ... 309.52 185.23 SBA Comm SBAC 1.5 50 227.91 –2.97 .85 2.50 1.33 SotherlyHotels SOHO ... 15 1.39 ... ...
5.51 1.49 9F JFU ... ... 2.40 –0.33 ... 103.40 67.48 Paccar PCAR 1.1 12 101.76 +5.50 .27 20.08 10.92 PubMatic PUBM ... cc 15.38 +0.49 ... 3.87 1.15 SCYNEXIS SCYX ... 1 1.86 +0.03 ... 5.11 1.49 SoundHoundAI SOUN ... dd 1.84 –0.01 ...
12.51 4.85 908Devices MASS ... dd 7.40 –0.15 ... 14.55 5.74 PacBiosciCA PACB ... dd 7.02 +0.43 ... 14.28 7.75 Pulmonx LUNG ... dd 13.40 +0.39 ... 65.18 52.20 SEI Investments SEIC 1.4 19 63.90 +0.41 .46 30.22 18.75 SouthPlainsFin SPFI 1.8 8 28.50 +0.67 .13
10.53 10.08 99Acqn NNAG ... cc 10.25 ... ... 35.66 17.53 PacificPremBncp PPBI 4.7 11 27.99 +0.34 .33 5.67 2.13 PumaBiotech PBYI ... 66 4.87 +0.16 ... 29.51 15.10 SI-BONE SIBN ... dd 19.57 +1.03 ... 42.62 20.75 SouthernFirstBcsh SFST ... 23 38.49 +1.99 ...
0.25 0.14 99AcqnRt NNAGR ... ... .15 ... ... 48.60 25.93 PaciraBioSci PCRX ... cc 32.05 +0.21 ... 35.06 17.08 PureTechHealth PRTC ... dd 25.63 +2.11 ... 7.87 4.22 SIGA Tech SIGA .0 dd 5.06 –0.07 .45 55.45 30.28 SoMO Bancorp SMBC 1.7 12 49.68 +1.02 .21
5.99 1.71 NiuTech NIU ... dd 1.93 +0.16 ... 15.25 6.85 PactivEvergreen PTVE 2.7 dd 14.67 +0.09 .10 6.76 0.55 PurpleInnovation PRPL ... dd 1.05 +0.31 ... 11.61 10.26 SKGrowthOppsA SKGR ... 36 10.90 +0.05 ... 31.00 19.61 SouthernStBcsh SSBK 1.3 8 27.58 +0.14 .09
11.62 1.28 Nkarta NKTX ... dd 9.17 +1.75 ... 350.60 154.11 PaloAltoNtwks PANW ... cc 342.44 +4.70 ... 9.63 1.96 Puyi PUYI ... dd 5.92 +0.14 ... 20.52 10.81 SLM SLM 2.2 8 19.86 +0.87 .11 40.38 25.38 SouthsideBcshs SBSI 4.5 11 30.98 +0.32 .02
12.88 2.23 NKGenBiotech NKGN ... dd 2.26 –0.37 ... 64.41 46.09 Palomar PLMR ... 22 60.93 –1.57 ... 6.92 1.35 PyxisOncology PYXS ... dd 3.95 +1.62 ... 16.09 13.48 SLR Invt SLRC10.6 12 15.41 +0.29 .41 22.73 12.74 SovosBrands SOVO ... dd 22.09 –0.02 ...
15.91 8.13 nLIGHT LASR ... dd 12.87 –0.25 ... 97.78 60.66 PapaJohn's PZZA 2.4 33 76.44 +1.47 .46 62.00 35.14 QCR Holdings QCRH .4 9 61.58 +5.58 .06 29.99 12.66 SMART Global SGH ... ... 21.08 –1.81 ... 10.23 10.07 SparkIAcqnA SPKL ... dd 10.19 –0.02 ...
11.42 0.12 noco-noco NCNC ... 2 .14 –0.01 ... 11.63 9.35 PapayaGrowthI A PPYA ... 24 10.88 –0.02 ... 25.49 13.12 QifuTechnology QFIN 5.4 4 14.66 +0.20 .50 1.78 0.49 SPI Energy SPI ... dd .60 –0.06 ... 32.36 20.51 SpartanNash SPTN 3.8 25 22.80 +0.55 .215
6.55 1.96 Noodles NDLS ... dd 2.71 +0.12 ... 29.51 13.40 ParamountA PARAA 1.0 dd 19.41 +0.64 .05 114.97 80.62 Qorvo QRVO ... dd 103.68 –1.88 ... 52.40 31.52 SP Plus SP ... 30 51.84 +0.48 ... 15.40 1.29 Spectaire SPEC ... dd 1.85 –0.10 ...
265.99 202.57 Nordson NDSN 1.1 30 252.20 –1.22 .68 25.93 10.51 ParamountB PARA 1.4 dd 13.80 +0.40 .05 157.98 101.47 Qualcomm QCOM 2.1 23 150.72 –1.24 .80 198.35 132.66 SPS Commerce SPSC ... cc 186.60 +1.67 ... 2.00 0.99 SperoTherap SPRO ... cc 1.57 +0.18 ...
59.00 33.15 NortheastBank NBN .1 8 55.62 +1.96 .01 28.79 10.90 Park-Ohio PKOH 2.0 dd 25.50 +0.13 .125 206.35 107.00 Qualys QLYS ... 51 188.79 –7.58 ... 2.57 0.19 Srivaru SVMH ... 66 .23 –0.01 ... 153.88 82.19 Splunk SPLK ... cc 153.36 +0.11 ...
13.91 10.08 NorthernTechsIntl NTIC 2.1 39 13.29 +1.23 .07 1.70 0.58 PassageBio PASG ... dd .97 +0.07 ... 28.99 1.41 QuantaSing QSG ... 46 3.32 +1.04 ... 64.52 46.61 SS&C Tech SSNC 1.6 25 61.46 +0.94 .24 18.05 8.05 SpokHoldings SPOK 7.5 9 16.58 +0.97.3125
99.87 62.44 NorthernTrust NTRS 3.7 16 81.60 +0.46 .75 60.49 39.75 PathwardFinl CASH .4 9 53.45 +2.08 .05 28.78 10.02 Quanterix QTRX ... dd 23.56 +1.17 ... 17.72 9.42 SSR Mining SSRM 3.0 9 9.45 –0.35 .07 15.57 8.08 Sportradar SRAD ... dd 10.45 –0.83 ...
15.01 8.39 NorthfieldBanc NFBK 3.9 16 13.31 +0.84 .13 17.46 12.81 PatriaInvts PAX 6.7 18 14.63 +0.35 .199 2.00 0.24 Quantum QMCO ... dd .36 +0.06 ... 19.49 15.26 SWK Holdings SWKH ... 14 17.00 –0.18 ... 10.16 2.98 SportsmansWrhs SPWH ... dd 4.07 +0.24 ...
59.90 33.29 NorthrimBanCorp NRIM 4.5 12 53.60 +0.11 .60 103.41 63.57 PatrickIndustries PATK 2.1 15 102.73 +4.50 .55 3.90 1.12 Quantum-Si QSI ... dd 1.65 +0.06 ... 14.82 10.08 SabraHealthcare SBRA 9.0 dd 13.39 –0.14 .30 10.88 10.22 SpringValleyII A SVII ... 35 10.88 +0.01 ...
11.29 10.12 NorthViewAcqn NVAC ... 95 11.28 +0.13 ... 11.86 3.54 PatriotNatBncp PNBK ... dd 4.60 +0.31 ... 10.22 10.07 QuettaAcqn QETA ... ... 10.22 +0.08 ... 7.92 2.99 Sabre SABR ... dd 4.50 +0.16 ... 0.29 0.02 SpringValleyII Rt SVIIR ... ... .15 –0.03 ...
0.18 0.06 NorthViewRt NVACR ... ... .09 ... ... 34.53 25.00 Patterson PDCO 3.5 15 30.03 –0.13 .26 2.20 1.00 QuettaAcqnRt QETAR ... ... 1.21 –0.29 ... 88.66 65.78 SafetyInsurance SAFT 4.3 40 84.08 +5.09 .90 43.36 18.00 SpringWorks SWTX ... dd 42.39 +2.55 ...
14.64 9.80 NorthwestBcshs NWBI 6.2 12 12.97 +0.85 .20 17.06 9.70 PattersonUTIEn PTEN 3.0 8 10.78 +0.67 .08 5.40 1.00 Quhuo QH ... 23 1.19 +0.02 ... 27.00 18.89 SagaComm SGA 4.2 13 23.99 +1.362.00 52.02 30.20 SproutsFarmers SFM ... 20 49.75 –1.87 ...
40.60 25.58 NorthwestPipe NWPX ... 13 29.80 +1.32 ... 129.70 104.09 Paychex PAYX 2.9 27 120.94 –1.15 .89 98.67 57.54 QuidelOrtho QDEL ... cc 70.36 –0.98 ... 11.72 10.22 SagaliamAcqnA SAGA ... dd 11.03 +0.07 ... 3.57 1.01 SpruceBio SPRB ... dd 3.40 +1.01 ...
61.24 45.97 NorthWesternEner NWE 5.4 16 47.79 +0.38 .64 27.51 17.13 PaycorHCM PYCR ... dd 19.15 –1.09 ... 1.93 0.79 QuinceTherap QNCX ... dd 1.26 –0.09 ... 0.28 0.05 SagaliamAcqnRt SAGAR ... ... .08 –0.06 ... 28.66 2.66 SpyreTherapeutics SYRE ... dd 27.50 +3.38 ...
34.65 23.00 NorwoodFin NWFL 4.1 10 29.14 +0.20 .30 235.00 139.40 Paylocity PCTY ... 62 157.85 +5.36 ... 18.18 6.79 QuinStreet QNST ... dd 13.03 +1.23 ... 59.99 16.52 SageTherap SAGE ... dd 26.36 +0.35 ... 81.81 27.00 StaarSurgical STAA ... 75 29.57 +0.54 ...
January 29, 2024 BARRON’S 45

D ATA NASDAQ ISSUES FOREIGN MARKETS


52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
9.23 3.83 Stagwell STGW ... dd 6.65 +0.02 ... 99.29 64.83 Tradeweb TW .4 57 97.83 –0.12 .09 11.50 6.37 VersaBank VBNK .7 10 11.30 +0.24.0187 51.77 29.59 WSFS Financial WSFS 1.3 11 46.60 +1.75 .15 117.86 81.65 WynnResorts WYNN 1.0 cc 96.73 +2.50 .25
3.16 1.46 StdBioTools LAB ... dd 2.37 +0.12 ... 0.44 0.09 TrailblazerI Rt TBMCR ... ... .11 –0.01 ... 30.00 12.62 Vertex VERX ... dd 25.01 –0.52 ... 13.31 3.46 WW Intl WW ... dd 4.36 –0.18 ... 47.40 2.26 XBPEurope XBP ... dd 2.50 –0.26 ...
25.03 16.57 StarBulkCarriers SBLK 7.1 10 22.04 +0.79 .22 10.55 10.08 TrailblazerI A TBMC ... cc 10.49 +0.03 ... 443.82 283.60 VertexPharm VRTX ... 32 430.17 –4.85 ... 37.29 23.36 WaFd WAFD 3.3 9 30.72 +1.03 .25 10.39 1.40 XIAO-I AIXI ... ... 1.90 +0.29 ...
1.59 0.65 StarEquity STRR ... 1 1.00 +0.02 ... 9.44 4.92 TransActTechs TACT ... 15 7.74 +0.18 ... 24.69 8.22 VerveTherap VERV ... dd 11.54 –0.40 ... 3.39 1.58 Wag! PET ... dd 1.99 +0.12 ... 23.14 13.48 XOMA XOMA ... dd 20.19 +0.29 ...
20.79 10.76 Star STHO ... dd 12.68 +0.22 ... 115.41 74.89 Transcat TRNS ... 87 98.04 –1.28 ... 36.00 5.22 ViaRenewables VIA ... dd 10.85 +0.19 ... 37.96 19.68 WalgreensBoots WBA 4.4 34 22.85 +0.85 .25 27.71 10.30 XP XP 10.2 20 25.77 +0.42 .73
115.48 89.21 Starbucks SBUX 2.5 26 92.80 –1.06 .57 99.63 36.42 TransMedics TMDX ... dd 86.45 +4.27 ... 9.16 3.66 ViantTech DSP ... dd 8.36 –0.03 ... 11.90 7.82 WalkMe WKME ... dd 10.67 +0.32 ... 6.69 3.05 XBiotech XBIT ... dd 4.20 –0.45 ...
7.96 2.51 StealthGas GASS ... 6 7.95 +0.86 ... 10.86 4.51 Travelzoo TZOO ... 12 8.90 +0.42 ... 47.35 15.02 ViaSat VSAT ... dd 23.21 –0.59 ... 16.34 9.27 WarnerBrosA WBD ... dd 10.62 +0.27 ... 71.96 53.73 XcelEnergy XEL 3.5 19 59.39 –0.09 .52
136.46 90.55 SteelDynamics STLD 1.5 8 116.00 +3.14 .425 23.18 5.25 TravereTherap TVTX ... dd 8.60 –0.14 ... 12.49 8.74 Viatris VTRS 4.0 8 11.93 +0.53 .12 37.75 23.62 WarnerMusic WMG 1.8 45 37.23 +0.83 .17 38.20 16.49 Xencor XNCR ... dd 20.08 +0.44 ...
34.48 19.83 StepStone STEP 2.5 31 34.02 +0.51 .21 27.97 5.27 TreaceMed TMCI ... dd 12.82 –0.11 ... 12.19 7.26 ViaviSolutions VIAV ... cc 10.05 –0.09 ... 44.77 21.69 WashTrBcp WASH 7.6 10 29.31 –0.29 .56 48.00 27.99 XenonPharm XENE ... dd 45.64 +1.87 ...
56.12 37.78 Stericycle SRCL ... dd 49.28 +0.75 ... 3.50 0.97 TreviTherap TRVI ... dd 1.56 +0.21 ... 98.38 35.48 Vicor VICR ... 32 37.75 +0.62 ... 16.82 9.62 WaterstoneFinl WSBF 4.3 28 14.04 +0.52 .15 3.07 1.11 XerisBiopharma XERS ... dd 2.49 +0.08 ...
15.26 10.00 SterlingCheck STER ... dd 13.63 +0.03 ... 52.66 28.66 TriCoBancshares TCBK 3.2 11 37.81 –1.61 .30 35.49 27.73 VictoryCapital VCTR 3.7 11 34.59 –0.37 .32 102.65 51.46 WeatherfordIntl WFRD ... 21 99.14 +3.91 ... 19.14 12.06 Xerox XRX 5.2 dd 19.05 +2.96 .25
89.80 33.53 SterlingInfr STRL ... 21 75.13 –1.07 ... 31.89 22.59 TriMas TRS .6 21 25.19 +0.32 .04 62.40 0.62 View VIEW ... dd 1.17 –0.23 ... 25.57 7.84 Weibo WB .0 5 8.32 +0.20 .85 4.50 0.49 XilioTherap XLO ... dd .65 –0.03 ...
44.23 29.92 StevenMadden SHOO 2.0 19 42.87 +1.37 .21 62.01 39.57 Trimble TRMB ... 38 50.98 +0.97 ... 12.78 2.67 VigilNeurosci VIGL ... dd 2.98 +0.12 ... 11.68 10.24 WelsbachTech WTMA ... dd 10.79 –0.01 ... 41.07 12.45 Xometry XMTR ... dd 32.27 –0.53 ...
6.03 2.78 StitchFix SFIX ... dd 3.21 –0.02 ... 1.24 0.37 TrinityBiotech TRIB ... dd .42 –0.02 ... 25.72 8.28 VikingTherap VKTX ... dd 21.37 –0.40 ... 0.27 0.04 WelsbachTechRt WTMAR ... ... .11 –0.01 ... 2.17 1.28 Xunlei XNET ... 8 1.52 +0.01 ...
63.16 36.93 StockYardsBncp SYBT 2.3 14 51.13 +2.11 .30 15.44 11.14 TrinityCapital TRIN13.8 10 14.01 –0.15 .50 26.99 20.25 VillageSuper A VLGEA 3.8 8 26.15 +0.44 .25 23.90 18.19 Wendy's WEN 5.2 21 19.18 –0.01 .25 11.35 2.70 Y-mAbsTherap YMAB ... dd 11.27 +1.89 ...
14.00 3.35 StokeTherap STOK ... dd 4.92 –0.01 ... 43.59 30.70 Trip.com TCOM ... 17 37.49 +1.55 ... 5.19 3.02 Vimeo VMEO ... 76 3.70 +0.01 ... 5.59 1.57 WerewolfTherap HOWL ... dd 4.35 +0.12 ... 46.81 35.24 YorkWater YORW 2.4 22 35.61 –0.25.2108
18.87 8.09 StoneCo STNE ... 29 18.10 +1.07 ... 27.30 14.15 Tripadvisor TRIP ... dd 21.71 +0.67 ... 11.60 7.70 VinciPartners VINP 6.5 16 10.85 +0.10 .17 11.73 10.14 YottaAcqn YOTA ... 71 10.60 +0.02 ...
50.31 35.02 WernerEnterprises WERN 1.4 17 40.48 +0.55 .14
74.01 49.62 StoneX SNEX ... 9 67.34 +1.96 ... 16.24 3.32 TriSalusLifeSci TLSI ... dd 9.10 +0.55 ... 93.00 4.59 VinFastAuto VFS ... dd 5.94 –0.06 ... 0.30 0.04 YottaAcqnRt YOTAR ... ... .12 –0.03 ...
38.56 19.84 WesBanco WSBC 4.7 12 30.71 +1.13 .36
21.72 9.95 Stratasys SSYS ... dd 13.33 –0.10 ... 2.18 0.11 TritiumDCFC DCFC ... dd .11 –0.03 ... 3.06 0.46 VintageWineEstates VWE ... dd .50 +0.02 ... 6.60 0.56 Yunji YJ ... dd .64 –0.01 ...
22.49 15.04 WestBancorp WTBA 5.1 14 19.70 –0.52 .25
98.22 64.53 StrategicEd STRA 2.5 47 95.91 +1.31 .60 81.64 46.67 TriumphFinl TFIN ... 46 73.20 –2.35 ... 1.60 0.77 ViomiTech VIOT ... dd .85 –0.04 ... 45.09 19.88 ZaiLab ZLAB ... dd 22.74 –0.70 ...
57.96 35.52 WestamericaBncp WABC 3.7 8 48.15 –1.64 .44
30.34 16.06 Strattec STRT ... dd 24.94 +1.96 ... 10.15 2.26 trivago TRVG .0 dd 2.45 –0.02.5628 31.55 7.72 VirBiotech VIR ... dd 9.55 +0.06 ... 10.91 0.19 ZappEV ZAPP ... dd .26 +0.01 ...
60.55 31.97 WesternDigital WDC ... dd 58.23 +3.46 ...
29.99 18.55 StratusProp STRS ... dd 24.00 –0.28 ... 3.77 1.76 TrueCar TRUE ... dd 3.64 +0.48 ... 2.38 0.43 ViractaTherap VIRX ... dd .54 +0.03 ... 351.74 194.59 ZebraTech ZBRA ... 28 252.17 +3.08 ...
10.20 5.58 WestNewEngBncp WNEB 3.2 13 8.80 –0.08 .07 31.46 9.56 ZentalisPharm ZNTL ... dd 12.68 –0.21 ...
12.50 3.46 StrongholdDig SDIG ... dd 5.82 +0.71 ... 69.15 18.45 Trupanion TRUP ... dd 28.53 +1.10 ... 13.08 3.54 VircoMfg VIRC .6 7 12.60 +1.18 .02 13.40 4.90 WestportFuelSys WPRT ... dd 6.01 +0.18 ...
37.80 23.78 TrustcoBank TRST 4.8 10 29.90 +0.79 .36 21.04 16.26 VirtuFinancial VIRT 5.6 12 17.23 –1.42 .24 4.56 0.41 ZeroFox ZFOX ... dd .87 +0.17 ...
75.02 20.80 StructureTherap GPCR ... dd 42.50 +1.73 ... 13.60 6.88 WestrockCoffee WEST ... dd 10.46 +0.30 ...
30.92 18.96 Trustmark TRMK 3.3 10 28.15 +0.93 .23 11.85 10.38 VisionSensingA VSAC ... cc 11.13 ... ... 7.15 3.89 ZevraTherap ZVRA ... dd 5.98 +0.26 ...
31.49 17.06 SummitFin SMMF 3.0 8 29.22 +0.67 .22 33.03 21.45 WeycoGroup WEYS 3.1 10 32.16 +0.10 .25
7.15 1.62 TScanTherap TCRX ... dd 5.02 –0.37 ... 171.66 108.66 Visteon VC ... 22 118.61 +2.15 ... 94.06 57.97 ZiffDavis ZD ... 85 69.30 +1.85 ...
18.67 11.67 SummitStateBk SSBI 4.0 6 11.90 +0.14 .12 25.38 13.86 Willdan WLDN ... cc 19.70 +1.00 ...
2.90 0.60 Tuniu TOUR ... 21 .66 +0.03 ... 33.29 12.58 VitaCoco COCO ... 32 20.09 –2.27 ... 58.82 33.23 Zillow A ZG ... dd 54.97 +1.96 ...
4.72 1.25 SummitTherap SMMT ... dd 3.88 +0.27 ... 60.70 37.01 WillisLease WLFC ... 7 49.60 +2.80 ...
13.20 1.63 TurnstoneBiologics TSBX ... dd 2.75 +0.83 ... 18.04 10.00 VitalFarms VITL ... 32 14.93 +0.52 ... 59.86 33.80 Zillow C Z ... dd 56.55 +2.16 ...
23.80 11.96 SunCountryAir SNCY ... 11 14.13 +1.55 ... 258.93 195.29 WillisTowers WTW 1.3 27 249.48 –1.28 .84
13.26 6.17 TurtleBeach HEAR ... dd 11.63 +0.88 ... 23.99 9.80 Vitru VTRU ... 17 14.34 –0.43 ... 20.44 5.05 ZimVie ZIMV ... dd 18.76 +0.94 ...
8.76 2.79 SunOpta STKL ... dd 6.03 +0.32 ... 1.85 0.56 WiMiHologram WIMI ... dd .70 +0.06 ...
2.89 0.29 TuSimple TSP ... dd .37 –0.11 ... 9.89 5.55 VividSeats SEAT ... 14 5.92 +0.19 ... 55.20 18.26 ZionsBancorp ZION 3.7 10 44.02 +2.40 .41
18.59 2.74 SunPower SPWR ... dd 3.20 +0.17 ... 285.74 150.08 Wingstop WING .3 cc 273.19 –2.56 .22
2.99 0.61 23andMe ME ... dd .75 +0.04 ... 12.53 8.11 Vodafone VOD 10.4 2 9.06 +0.39.4815 85.13 58.87 ZoomVideo ZM ... 91 67.74 –1.30 ...
29.03 8.43 SunRun RUN ... dd 14.32 +1.15 ... 451.30 261.08 Winmark WINA .9 31 347.69 –8.759.40
16.36 8.60 TwinDisc TWIN 1.0 20 16.04 +0.55 .04 6.48 1.62 VorBiopharma VOR ... dd 2.34 +0.07 ... 14.75 2.45 Zoomcar ZCAR ... dd 3.10 –0.61 ...
496.78 70.11 SuperMicroComp SMCI ... 44 474.15 +50.79 ... 100.71 57.48 WintrustFinl WTFC 1.6 10 99.31 +0.77 .40 30.98 12.36 ZoomInfoTech ZI ... 47 15.88 +0.32 ...
14.87 7.14 SuperiorGroup SGC 4.0 30 13.98 +0.46 .14 39.74 11.46 TwistBiosci TWST ... dd 32.28 –1.32 ... 14.34 6.06 VoyagerTherap VYGR ... 6 7.51 –0.05 ...
8.00 1.35 WISeKey WKEY ... dd 2.09 –0.07 ... 246.38 84.93 Zscaler ZS ... dd 236.83 +5.54 ...
42.09 21.99 SupernusPharm SUPN ... 74 28.72 +1.05 ... 15.25 1.54 2seventybio TSVT ... dd 3.22 +0.13 ... 2.82 0.24 Vroom VRM ... dd .24 –0.19 ...
133.09 73.39 Wix.com WIX ... dd 128.61 +1.46 ... 28.97 13.19 Zumiez ZUMZ ... dd 17.75 +0.35 ...
45.79 22.05 SurgeryPartners SGRY ... dd 31.67 –0.42 ... 13.15 0.73 2U TWOU ... dd 1.15 +0.40 ... WXYZ 140.73 88.30 Woodward WWD .7 37 139.30 +3.08 .25 11.68 6.02 Zymeworks ZYME ... 3 10.40 +0.52 ...
39.41 16.00 Surmodics SRDX ... dd 34.35 +0.38 ... 19.74 8.00 TyraBiosciences TYRA ... dd 12.95 –0.18 ...
6.94 3.15 WaveLifeSci WVE ... dd 4.41 –0.27 ... 298.00 173.29 Workday WDAY ... cc 288.63 –1.36 ... 15.48 6.88 Zynex ZYXI ... 27 11.39 +1.17 ...
7.55 2.01 SutroBioph STRO ... dd 4.70 +0.64 ... U 278.78 163.82 WD-40 WDFC 1.4 51 258.75 –5.29 .88 160.07 75.19 WorldAcceptance WRLD ... 12 139.28 –3.39 ... 104.30 0.50 ZyVersaTherap ZVSA ... dd .66 +0.11 ...
64.14 13.25 Symbotic SYM ... dd 41.00 –3.10 ... 128.65 75.01 UFP Inds UFPI 1.1 13 113.91 –2.41 .30
142.14 67.73 Synaptics SYNA ... dd 109.38 +0.82 ... 92.68 50.68 UMB Fin UMBF 1.9 11 82.29 +1.60 .39
29.86 11.22 SyndaxPharm SNDX ... dd 20.22 –0.46 ... 5.80 2.31 UPFintech TIGR ... 18 3.91 +0.32 ...
573.77 347.97 Synopsys SNPS ... 67 528.13 +10.82 ...
2.30
8.17
1.73
2.09
SyprisSolutions
SyrosPharm
SYPR ...
SYRS ...
dd
dd
2.23
6.87
+0.06 ...
+0.41 ...
13.10
264.99
6.60
8.56
141.59
1.17
USCB Financial
US Lime&Min
uCloudlink
USCB ...
USLM .3
UCL ...
14
21
14
12.15
253.28
1.31
–0.21 ...
+28.50 .20
–0.15 ...
Europe Asia
T 16.01 8.17 Udemy UDMY ... dd 14.37 +0.89 ... Soft Power: Business activity ticked up in Europe. Siemens Booster Shot: China cut reserve requirements for banks, to
12.18 4.23 TelaBio TELA ... dd 7.18 +0.36 ... 556.60 368.02 UltaBeauty ULTA ... 20 493.59 +21.02 ... and the software firm SAP cheered investors with their results. spur liquidity. But further stimulus measures aren’t certain.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

15.25 10.97 TFS Finl TFSL 8.1 53 13.99 +0.02.2825 40.80 22.15 UltraClean UCTT ... ... 37.72 +0.49 ...
11.10 10.22 TGVentureAcqn TGVC ... dd 11.08 –0.02 ... 54.98 31.52 UltragenyxPharm RARE ... dd 44.97 +0.37 ...
11.35 10.34 TLGY Acqn A TLGY ... 36 11.17 ... ... 11.85 3.86 Ultralife ULBI ... 28 7.21 +0.12 ... S&P Europe BMI 3.13% S&P Pan Asia BMI 0.60%
3.20 0.65 TMCthemetals TMC ... dd 1.33 +0.08 ... 32.00 20.07 UnionBankshares UNB 4.7 12 30.55 –0.76 .36 Netherlands 7.93 Hong Kong 3.75
10.78 10.10 TMT Acqn TMTC ... 82 10.61 +0.03 ... 22.99 5.47 uniQure QURE ... dd 5.83 +0.28 ...
1.88 0.18 TMT Acqn Rt TMTCR ... ... .21 ... ... 58.23 33.68 UnitedAirlines UAL ... 5 42.55 +3.73 ... Finland 4.41 China 2.73

165.95 124.92 T-MobileUS TMUS 1.6 23 162.16 –3.00 .65 42.45 25.35 UnitedBkshrsWV UBSI 4.0 14 36.78 +0.21 .37 France 3.81 Philippines 2.41
44.46 24.74 TPG TPG 3.3 dd 42.02 +1.82 .48 34.40 20.37 UtdCmtyBks UCBI 3.2 18 28.58 –0.30 .23
14.67 1.63 TPIComposites TPIC ... dd 2.77 +0.11 ... 32.54 18.41 UnitedFire UFCS 2.8 dd 22.68 +0.96 .16 Sweden 3.25 Taiwan 1.89

132.76 87.43 T.RowePrice TROW 4.4 16 110.09 +0.59 1.22 12.51 5.79 UnitedGuardian UG 2.6 14 7.59 +0.05 .10 Germany 2.71 Australia 1.79
54.20 15.27 TTEC TTEC 5.0 24 20.71 +0.67 .52 8.74 5.50 UnitedSecBcshrs UBFO 5.9 7 8.18 +0.20 .12
16.68 11.13 TTM Tech TTMI ... dd 14.27 –0.24 ... 263.97 204.44 UnitedTherap UTHR ... 12 218.01 +0.17 ... U.K. 2.31 New Zealand 1.44

4.51 2.16 Taboola TBLA ... dd 4.36 +0.22 ... 6.86 2.94 Uniti UNIT11.0 dd 5.44 –0.01 .15 Switzerland 2.17 Malaysia 1.36
30.70 20.01 UnityBancorp UNTY 1.6 8 29.68 +0.40 .12
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

26.11 9.70 TactileSystems TCMD ... 14 14.91 +1.26 ...


169.56 104.13 TakeTwoSoftware TTWO ... dd 167.39 +4.29 ... 5.72 1.46 UnityBiotech UBX ... dd 1.70 +0.03 ... Belgium 2.03 Singapore 0.58

2.30 0.43 Talphera TLPH ... dd 1.03 +0.15 ... 194.84 125.38 UnivDisplay OLED .8 41 175.58 –2.51 .35 Greece 1.79 South Korea 0.25
45.95 13.82 TandemDiabetes TNDM ... dd 22.91 –1.84 ... 25.91 7.02 UnvlElectronics UEIC ... dd 9.24 +0.43 ...
13.03 2.47 TangoTherap TNGX ... dd 11.53 +0.60 ... 45.00 20.85 UnivLogistics ULH 1.4 7 29.68 ... .105 Norway 1.29 -0.48 Japan
12.19 10.32 TargetGlbl I A TGAA ... 47 11.11 –0.01 ... 20.80 7.57 UnvlStainless USAP ... dd 19.79 +2.37 ... Spain 0.71 -0.91 India
27.05 11.33 TarsusPharm TARS ... dd 25.80 +2.32 ... 5.88 0.75 UniversePharm UPC ... dd 1.96 –0.24 ...
22.00 7.95 TaskUs TASK ... 29 13.36 +0.09 ... 29.05 16.10 UnivestFin UVSP 3.9 9 21.80 +1.52 .21 Denmark 0.70 -1.06 Thailand
12.35 5.01 TatTechnologies TATT ... 22 11.65 –0.35 ... 36.17 22.42 Upbound UPBD 4.2 cc 34.85 +2.28 .37 Italy 0.67 -2.70 Indonesia
3.89 0.50 TayshaGene TSHA ... dd 1.48 +0.04 ... 9.71 2.42 UplandSoftware UPLD ... dd 4.14 +0.08 ...
12.25 10.38 Tech&TelecomA TETE ... 85 11.53 +0.04 ... 72.58 11.93 Upstart UPST ... dd 32.62 –0.07 ... Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices
52.95 23.43 TechTarget TTGT ... 77 33.64 +0.61 ... 16.36 6.56 Upwork UPWK ... dd 14.07 –0.45 ...
40.95 24.73 UrbanOutfitters URBN ... 14 38.92 –0.94 ...
6.36
22.75
3.32
4.33
6.13
0.30
Ericsson
Telesat
TelesisBio
ERIC 2.9
TSAT ...
TBIO ...
dd

dd
1
5.78
9.63
.34
–0.11.0873
... ...
+0.02 ...
24.13
2.36
7.75
1.45
UroGenPharma
Usio
URGN ...
USIO ...
dd
dd
16.07
1.73
+1.30 ...
+0.06 ...
Key Foreign Stock Market Indexes
100.59 75.00 UtahMedProducts UTMD 1.4 18 83.87 +2.07 .30 Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date
5.25 1.53 Telos TLS ... dd 4.22 +0.27 ... Close %Chg. Chg. % Chg. Close %Chg. Chg. % Chg.
4.90 2.54 UTStarcom UTSI ... dd 2.99 +0.17 ...
63.57 33.79 10xGenomics TXG ... dd 43.22 +1.42 ...
36.40 2.41 Uxin UXIN ... dd 2.48 –0.21 ... Amsterdam AEX 817.74 +4.99 +30.92 +3.93 Milan FTSE All Share 32331 –0.10 –147.83 –0.46
49.77 33.85 Tenable TENB ... dd 47.06 –0.34 ...
8.09 1.66 TenayaTherap TNYA ... dd 4.19 +0.36 ... V Athens General 1360.89 +1.56 +67.75 +5.24 Oslo Composite 1501.40 +1.11 –17.92 –1.18
12.03 10.23 TenXKeaneAcqn TENK ... 56 10.95 ... ... 6.66 1.80 VNET VNET ... dd 1.85 –0.35 ... Bangkok SET 1368.15 –1.04 –47.70 –3.37 Paris CAC 7634.14 +3.56 +90.96 +1.21
8.83 0.13 TenXKeaneAcqnRt TENKR ... ... .17 ... ... 14.75 7.25 VOXX Intl VOXX ... dd 8.69 –0.11 ... Bombay Sensex 70700 –1.01 –1539.59 –2.13 Santiago Selective 3381.28 +3.53 –86.26 –2.49
119.20 81.08 Teradyne TER .5 35 105.46 –3.26 .12 66.44 39.89 VSE VSEC .7 26 61.34 +2.82 .10
14.04 3.26 TernsPharm TERN ... dd 5.35 +0.49 ... Brussels Bel-20 3672.03 +3.24 –35.74 –0.96 Sao Paulo Bovespa 128967 +1.04 –5217.92 –3.89
39.80 6.75 Vacasa VCSA ... dd 8.06 +0.82 ...
25.20 6.85 TerritorialBncp TBNK 1.8 12 11.08 –0.15 .05 12.61 6.39 ValleyNatlBncp VLY 4.3 11 10.34 –0.02 .11 Buenos Aires Merval 1253619 +6.70 +323915 +34.84 Seoul Composite 2478.56 +0.24 –176.72 –6.66
299.29 152.37 Tesla TSLA ... 43 183.25 –28.94 ... 17.05 8.09 Valneva VALN ... dd 8.34 –0.54 ... Copenhagen OMX 20 2351.75 +0.47 +68.22 +2.99 Shanghai Composite 2910.22 +2.75 –64.71 –2.18
173.27 131.19 TetraTech TTEK .6 32 161.44 –2.18 .26 11.85 10.42 ValuenceI A VMCA ... 52 11.29 +0.02 ...
Dublin ISEQ 9033.04 +2.13 +272.68 +3.11 Shenzhen B Share Idx 1036.03 +1.69 –44.97 –4.16
69.27 42.79 TexasCapBcshs TCBI ... 17 61.77 –1.99 ... 8.15 3.30 VandaPharm VNDA ... 18 3.75 +0.09 ...
188.12 139.48 TexasInstruments TXN 3.2 23 164.09 –9.56 1.30 23.90 17.05 VarexImaging VREX ... 20 19.62 –0.16 ... EURO STOXX SXXE 482.07 +3.49 +7.90 +1.67 Singapore FTSE STI 3159.53 +0.23 –80.74 –2.49
124.02 91.06 TexasRoadhouse TXRH 1.8 28 122.82 +4.04 .55 47.29 22.34 VaronisSystems VRNS ... dd 45.24 +0.64 ... EURO STOXX 50 SXSE 4635.47 +4.20 +113.82 +2.52 Stockholm OMXS 888.02 +3.30 –14.87 –1.65
44.18 25.13 TheBancorp TBBK ... 13 43.65 +4.53 ... 14.00 2.20 VastRenewables VSTE ... cc 2.42 –0.75 ... Frankfurt DAX 16961 +2.45 +209.75 +1.25 STOXX Europe 50 SXSP 4193.32 +3.50 +99.95 +2.44
5.51 1.95 TherapeuticsMD TXMD ... dd 2.27 +0.04 ... 4.55 3.05 VastaPlatform VSTA ... dd 4.26 +0.15 ...
12.03 8.25 TheravanceBio TBPH ... dd 9.91 +0.44 ... 65.97 34.11 Vaxcyte PCVX ... dd 64.31 +3.74 ... Helsinki OMHX 10241 +4.05 +144.21 +1.43 STOXX Europe 600 SXXP 483.84 +3.11 +4.82 +1.01
14.77 2.05 TheseusPharm THRX ... dd 4.00 ... ... 4.47 0.66 Vaxxinity VAXX ... dd .68 –0.04 ... Hong Kong Hang Seng 15952 +4.20 –1095.16 –6.42 Sydney S&P/ASX 200 7555.40 +1.81 –35.42 –0.47
21.50 12.31 ThirdCoastBcshs TCBX ... 11 19.78 +0.86 ... 34.12 17.70 VeecoInstr VECO ... 33 32.45 –0.09 ... Istanbul IMKB 8346.28 +4.37 +876.10 +11.73 Taipel Weighted 17995 +1.77 +64.22 +0.36
11.60 3.75 ThirdHarmonic THRD ... dd 9.01 –0.70 ... 47.25 1.87 VentyxBiosciences VTYX ... dd 2.04 +0.07 ...
1.48 0.44 36Kr KRKR ... dd .51 –0.02 ... 8.35 4.60 VeraBradley VRA ... dd 7.80 +0.35 ... Jakarta Composite 7129.56 –1.09 –143.24 –1.97 Tel Aviv 125 Index 1861.57 –0.25 –25.51 –1.35
11.57 3.18 Thoughtworks TWKS ... dd 4.92 +0.36 ... 33.19 5.95 VeraTherap VERA ... dd 30.18 +15.25 ... Johannesburg All Share 75084 +3.34 –1808.77 –2.35 Tokyo Nikkei-225 35751 –0.59 +2286.90 +6.83
4.39 1.32 ThredUp TDUP ... dd 2.27 +0.14 ... 30.52 19.52 Veracyte VCYT ... dd 26.28 +0.75 ... Kuala Lumpur Composite 1506.28 +1.34 +51.62 +3.55 Toronto S&P/TSX 21125 +1.05 +166.84 +0.80
10.99 10.01 ThunderBridgeIV A THCP ... 73 10.24 +0.01 ... 18.13 8.68 Veradigm MDRX ... ... 9.40 +0.38 ...
3.59 1.50 TilrayBrands TLRY ... dd 1.91 –0.09 ... LISBON PSI 4412.94 –1.75 –319.34 –6.75 Vienna ATX 3455.57 +3.32 +20.60 +0.60
44.35 26.88 Vericel VCEL ... dd 42.60 +2.93 ...
35.50 22.11 TimberlandBncp TSBK 3.3 9 29.35 –0.14 .24 40.71 18.41 VerintSystems VRNT ... cc 30.10 +1.66 ... London FTSE - 100 7635.09 +2.32 –98.15 –1.27 Wellington S&P/NZX 50 11875 +1.79 +104.54 +0.89
47.87 21.44 TitanMachinery TITN ... 6 27.37 +1.82 ... 229.72 188.44 VeriSign VRSN ... 29 203.11 –2.26 ... Madrid IBEX 35 9936.60 +0.79 –165.50 –1.64 Zurich Swiss 11390 +2.15 +252.34 +2.27
37.00 22.31 Torm TRMD19.2 5 36.57 +1.89 1.46 249.26 169.74 VeriskAnalytics VRSK .6 72 244.15 +4.03 .34
Manila Composite 6686.09 +2.81 +236.05 +3.66
45.87 21.43 TowerSemi TSEM ... 6 28.96 –0.92 ... 29.75 14.88 Veritex VBTX 3.7 11 21.89 +0.14 .20
31.76 21.22 TowneBank TOWN 3.5 14 28.69 +0.11 .25 10.99 1.48 Veritone VERI ... dd 1.70 +0.01 ... Mexico City IPC 56855 +2.53 –530.37 –0.92 Indexes are based on local currencies. Because of various holidays and other market closings, the most
251.17 185.00 TractorSupply TSCO 1.8 22 227.62 –3.44 1.03 23.81 11.83 VeronaPharma VRNA ... dd 17.89 +0.72 ... recent close is not necessarily that of the week of publication.
91.85 47.68 TradeDesk TTD ... cc 68.01 +1.16 ... 8.70 2.86 VerricaPharm VRCA ... dd 5.79 –0.12 ...
46 BARRON’S January 29, 2024

D ATA TOP 500 EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA


Tick Div Tick Div Tick Div Tick Div Tick Div
NOTICE TO READERS: Listed are Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
the top 500 ETF’s based on weekly iShCoreMSCITotInt IXUS 2.3 64.08 +0.85 1.0484 DirexGoldMinBr2 DUST 3.2 12.37 –0.41 .0638 InvscDBOilFund DBO 4.3 14.83 +0.68 .6385 iShMSCIJapan EWJ 2.0 65.39 –0.51 .8746 SPDRPtfDevxUS SPDW 2.8 33.69 +0.45 .3504
volume. iShCoreS&PUSGrw IUSG 1.1 108.42 +1.12 .3268 DirexGoldMinBl2 NUGT 1.7 28.16 +0.70 .3292 InvscDBUSDBull UUP 6.3 27.78 +0.08 1.7455 iShMSCIMalaysia EWM 3.5 21.12 +0.11 .3715 SPDRPtfEM SPEM 2.9 34.58 +0.44 .5469
iShCoreS&PUSVal IUSV 1.7 84.64 +0.86 .4104 DirexHmbldrBull3 NAIL .2 100.26 –10.31 .0363 InvscEMSovDebt PCY 6.7 19.89 –0.14 .1097 iShMSCIMexico EWW 2.2 66.39 +1.27 1.0273 SPDR PtfHYBd SPHY 7.2 23.46 +0.14 .156
Tick Div
Name Sym Yld Last Chg. Amt. iShCoreTotUSDBd IUSB 3.5 45.59 +0.05 .1454 DirexJrGoldMinBr2 JDST 3.6 6.69 –0.13 .0243 InvscFTSERAFIEM PXH 4.9 18.78 +0.49 .1722 iShMSCIPacxJpn EPP 4.2 41.98 +0.83 .966 SPDRPtfIntermCpBd SPIB 3.9 32.70 +0.05 .1235
iShESGAwareEM ESGE 2.5 30.90 +0.29 .6208 DirexJrGoldMnBl2 JNUG 2.0 27.18 +0.31 .1207 InvscFTSEUS1000 PRF 1.8 35.69 +0.52 .1809 iShMSCISingapore EWS 6.8 17.90 +0.15 .5344 SPDR PtfIntTrea SPTI 3.0 28.35 +0.04 .0848
Bats iShESGAwareUSA ESGU 1.4 107.33 +1.03 .3371 DirexRealEstBl3 DRN 3.2 9.31 –0.17 .0701 InvscNatAMTFrMuni PZA 3.0 23.81 +0.03 .0618 iShMSCISthKorea EWY 2.8 59.50 +0.24 1.651 SPDRPtfLTCorpBd SPLB 4.7 23.27 +0.01 .0909
ARKGenomicRev ARKG ... 29.09 +0.26 ... iShESGUSDCorpBd SUSC 3.9 23.01 +0.07 .0799 DirexRegBksBl3x DPST 1.8 93.90 +5.63 .4438 InvscPreferred PGX 6.9 11.80 +0.17 .0576 iShMSCISwitz EWL 2.1 47.82 +1.06 1.0215 SPDRPtfLtTrea SPTL 3.4 27.70 –0.07 .0822
ARK21ShrsBitcoin ARKB ... 42.02 +0.29 ... iShFallAngelUSDBd FALN 5.3 26.76 +0.21 .1316 DirexRetailBull3 RETL 1.5 8.12 +0.39 .0293 InvscS&P500EW RSP 1.6 157.50 +1.68 .6091 iShMSCITaiwan EWT 4.0 45.00 +0.81 5.527 SPDRPtfMtgBkdBd SPMB 3.3 21.76 +0.02 .0613
BlkRkUltShBd ICSH 4.8 50.56 +0.05 .2231 iSh5-10YIGCpBd IGIB 3.8 51.49 +0.09 .1769 DirexS&P500Br3 SPXS 6.0 10.83 –0.31 .1042 InvscS&P500EWTech RSPT .6 33.17 +0.19 .0472 iShMSCIUK EWU 4.2 32.64 +0.68 .7471 SPDRS&P500Value SPYV 1.7 46.84 +0.47 .2311
DimenIntlCore2 DFIC 2.6 25.25 +0.37 .1601 iShGlbCleanEner ICLN 1.2 13.87 +0.11 .1228 DirexS&PBiotBr3 LABD 6.0 9.90 –0.40 .0846 InvscS&P500HiBeta SPHB .7 81.34 +0.88 .1693 iShNatlMuniBd MUB 2.7 107.66 +0.17 .2544 SPDRPtfS&P1500 SPTM 1.4 59.75 +0.61 .2313
DimenIntlHiProf DIHP 2.2 25.57 +0.49 .119 iShGlbInfr IGF 2.6 45.63 +0.32 .9069 DirexS&PBiotBl3 LABU .4 114.53 +3.64 .2097 InvscS&P500HiDiv SPHD 4.5 42.34 +0.38 .153 iShRuss2000Val IWN 2.1 151.25 +2.89 .8976 SPDRPtfS&P500 SPLG 1.4 57.32 +0.56 .2212
FTVestFdBf BUFR ... 27.01 +0.16 ... iShiBdsDec25Trea IBTF 4.0 23.31 +0.02 .0841 DirexS&P500Br1 SPDN 5.9 13.05 –0.12 .2117 InvscS&P500LowVol SPLV 2.4 63.00 –0.03 .1287 iShRussMC IWR 1.4 77.24 +0.74 .3389 SPDRS&P500Growth SPYG 1.1 67.95 +0.76 .2048
FTVestN100 BUFQ ... 27.56 +0.08 ... iShiBdsDec24Trea IBTE 4.2 23.94 +0.02 .0915 DirexS&P500Bl3 SPXL .9 110.92 +3.26 .3038 InvscS&P500Qual SPHQ 1.4 56.03 +0.57 .197 iShRussMCGrw IWP .5 104.70 +0.71 .1533 SPDRS&P500HiDiv SPYD 4.7 39.06 +0.59 .534
FTVestRising RDVI 8.6 22.76 +0.21 .1634 iShiBdsDec26Trea IBTG 3.6 22.85 +0.02 .0685 DirexHiBetaBear3X HIBS 6.2 28.25 –0.76 .3332 InvscS&P500Top50 XLG .9 39.39 +0.48 .088 iShRussMCVal IWS 1.8 115.15 +1.18 .5866 SPDRPtfS&P400MC SPMD 1.5 48.42 +0.40 .1881
FTS&P500Div KNG 10.5 51.17 –0.05 .3733 iShJPMUSDEmBd EMB 4.8 87.61 +0.12 .3643 DirexS&POilBr2 DRIP 4.9 11.81 –1.03 .0891 InvscS&PMCQual XMHQ .7 90.91 +0.80 .1645 iShRuss1000 IWB 1.3 268.18 +2.68 .9764 SPDRPtfS&P600SC SPSM 1.6 41.26 +0.64 .2986
FTUSBuffJan FJAN ... 40.42 +0.27 ... iShMBS MBB 3.4 92.71 +0.02 .2804 DirexS&POilBl2 GUSH 3.1 31.14 +2.50 .207 InvscSrLoan BKLN 8.7 21.03 –0.14 .1374 iShRuss1000Grw IWF .6 315.23 +3.00 .6037 SPDRPtfSTCpBd SPSB 4.0 29.84 +0.04 .1267
FTUSDeepJan DJAN ... 34.89 +0.20 ... iShMSCIACWI ACWI 1.6 102.88 +1.21 .9624 DirexSemiBr3x SOXS 10.6 5.06 +0.08 .0697 InvscSolar TAN ... 43.19 +0.29 ... iShRuss1000Val IWD 2.0 165.79 +2.01 .9625 SPDRShtTermTrea SPTS 3.6 29.08 +0.03 .1067
FTUSEqJan XJAN ... 31.03 ... ... iShMSCIACWIxUS ACWX 2.3 50.36 +0.71 .7141 DirexSemiBl3 SOXL .5 34.01 –0.85 .0632 InvscVarRtPfd VRP 6.5 23.53 +0.22 .1069 iShRuss2000 IWM 1.4 195.98 +3.55 .7339 SPDR PtfTIPS SPIP 3.7 25.55 –0.07 .0663
FTVestUSEqJ GJAN ... 34.81 +0.18 ... iShMSCIACxJpn AAXJ 1.5 64.04 +0.87 1.1081 DirexScBear3 TZA 5.1 21.50 –1.17 .1106 iShBBCpBd HYBB 6.2 46.24 +0.29 .2432 iShRuss2000Gw IWO .7 246.79 +3.86 .583 SPDRS&PBank KBE 2.8 46.16 +0.90 .3432
FidWiseBTC FBTC ... 36.75 +0.26 ... iShMSCIBrazilSC EWZS 3.4 14.24 +0.17 .2451 DirexSCBull3 TNA 1.4 36.08 +1.76 .2184 iShChinaLC FXI 2.7 22.60 +0.92 .6074 iShS&P500Grw IVW 1.0 78.41 +0.81 .2126 SPDR S&P 500 SPY 1.4 487.41 +4.98 1.9061
GlbXUSInfrDevt PAVE .7 34.20 +0.34 .156 iShMSCIChina MCHI 2.1 38.17 +1.13 .9941 DirexKRBull3 KORU 3.5 6.87 +0.07 .1505 iShCoreDivGrowth DGRO 2.4 54.72 +0.64 .3701 iShS&P500Value IVE 1.6 174.62 +1.75 .7939 SPDR S&P400 MCV MDYV 1.6 72.25 +0.89 .3023
GS PhysGold AAAU ... 19.99 –0.10 ... iShMSCIEAFESC SCZ 1.7 60.48 +0.87 .8304 DirexTechBear3 TECS 8.7 8.59 –0.18 .1227 iShGrwthAlloc AOR 2.5 53.23 +0.45 .5244 iShS&PGSCIComm GSG ... 21.25 +0.90 ... SPDR S&P Home XHB .8 94.70 –0.98 .1877
InnovS&P500UltAu UAUG ... 31.29 +0.22 ... iShMSCIEMxChina EMXC 2.3 54.27 +0.32 .6371 DirexTechBull3 TECL .2 75.38 +1.47 .0709 iShCoreHiDiv HDV 3.7 104.06 +1.66 .9768 iShS&P100 OEF 1.1 231.34 +2.46 .667 SPDRS&PInsurance KIE 1.4 47.60 +0.65 .2191
InvscRuss1000Dyn OMFL 1.4 50.65 +0.97 .1179 iSh1-5YIGCpBd IGSB 3.3 51.28 +0.09 .1628 Direx20+TreaBr3 TMV 3.3 35.02 +0.46 .2699 iShCoreMSCIEM IEMG 3.0 48.97 +0.57 .977 iShS&PSC600Value IJS 1.5 100.01 +2.27 .2183 SPDR S&P Metals XME 1.0 57.06 +0.65 .0962
iPathS&P500VIX VXX ... 14.53 –0.47 ... iSh1-3YTreaBd SHY 3.0 82.12 +0.09 .2597 Direx20+YrTrBull TMF 3.4 54.20 –0.69 .4973 iShCoreMSCIEur IEUR 3.2 54.71 +1.36 .5676 iShSilver SLV ... 20.86 +0.19 ... SPDRS&PRegBkg KRE 3.0 52.13 +1.10 .4313
iShBrdUSDHYCpBd USHY 6.6 36.51 +0.24 .2014 iShPfd&Incm PFF 6.5 31.99 +0.50 .1752 ETFMGAltHarvest MJ 3.2 3.60 +0.14 .0558 iShMSCIIntlDev IDEV 3.1 63.30 +0.97 .8684 iShTIPSBond TIP 2.8 106.73 –0.29 .2557 SPDRS&P600SCV SLYV 2.2 80.82 +1.82 .6257
iShCoreMSCIEAFE IEFA 3.2 69.94 +1.05 .9678 iShSelectDiv DVY 3.8 116.69 +1.81 1.1893 ETFMGPrmJrSilv SILJ .0 9.16 +0.31 .0009 iShCoreS&P500 IVV 1.4 489.82 +5.14 1.9253 iSh10-20YTreasBd TLH 4.0 104.25 –0.21 .3542 SchwabEM Equity SCHE 3.9 24.17 +0.34 .8224
iShCurrMSCIEAFE HEFA 3.0 32.22 +0.52 .3963 iShSemiconductor SOXX .8 597.77 –3.46 .3744 EnSelSectorSPDR XLE 3.5 84.25 +4.08 .8021 iShCoreS&P MC IJH 1.5 275.55 +2.37 .2412 iShTreaFRBd TFLO 4.9 50.67 +0.05 .2315 Schwab5-10YCpBd SCHI 4.3 44.52 +0.04 .1683
iShIntlSelDiv IDV 6.6 27.65 +0.41 .3728 iSh7-10YTreaBd IEF 3.0 94.96 +0.02 .2816 FidMSCIEn FENY 3.3 23.13 +1.11 .20 iShCoreS&P SC IJR 1.3 106.00 +1.66 .2827 iShUS Energy IYE 3.0 44.11 +2.07 .3579 SchwabFundEmgLrg FNDE 4.8 26.69 +0.73 1.0175
iShUSAero&Def ITA 1.0 122.04 +0.33 .4328 iShShortTreaBd SHV 4.7 110.52 +0.10 .4853 FidTotalBd FBND 4.3 45.51 +0.06 .185 iShCoreS&PTotUS ITOT 1.4 107.31 +1.09 .473 iShUSRealEst IYR 2.9 87.81 –0.51 .7666 SchwabFundIntLrg FNDF 3.5 33.26 +0.35 .7692
iShUSHomeConstrn ITB .5 99.61 –2.80 .1006 iSh3-7YTreaBd IEI 2.4 116.49 +0.11 .2917 FinSelSectorSPDR XLF ... 38.65 +0.72 ... iShCoreUSAggBd AGG 3.2 98.07 +0.05 .2823 iShUSTech IYW .3 129.40 +1.37 .231 SchwabFundUSLrg FNDX 1.8 62.75 +0.92 .3186
iShEdgeMSCIMinEAFE EFAV 3.1 69.01 +0.32 .8214 iSh20+YTreaBd TLT 3.6 93.78 –0.31 .3105 FT DJ Internet FDN ... 195.47 +4.16 ... iShUSMedDevices IHI .5 55.12 –0.28 .097 iSh0-5YHYCpBd SHYG 6.5 42.47 +0.25 .2326 SchwabIntmUSTrsr SCHR 3.2 49.35 +0.04 .1338
iShEdgeMSCIMinEM EEMV 2.8 54.70 +0.66 1.058 JPMNasdEqPrem JEPQ 9.7 51.79 +0.40 .3925 FT EnergyAlpDx FXN 3.1 16.46 +0.67 .1083 iShESGUSAggBd EAGG 3.3 47.16 +0.04 .1446 iSh0-5YTIPSBd STIP 2.8 98.74 +0.09 .2237 SchwabIntEquity SCHF 3.0 36.63 +0.49 .7038
iShEdgeMSCIMinUSA USMV 1.8 79.98 +0.60 .4299 ProShUltPrQQQ TQQQ 1.2 55.44 +0.90 .2234 FT LtdDurIG FSIG 4.4 18.88 –0.03 .0725 iShGlobalEnergy IXC 3.5 39.07 +1.65 .6362 iSh0-3MTreaBd SGOV 4.1 100.67 +0.09 .4545 SchwabIntlSC SCHC 3.0 34.04 +0.53 .8612
iShEdgeMSCIUSAMom MTUM 1.3 167.15 +2.57 .3593 ProShUltShQQQ SQQQ 8.8 12.19 –0.19 .2829 FT MstarDiv FDL 4.5 36.40 +0.75 .5172 iShGlobalREIT REET 3.4 23.32 –0.11 .2395 JanusHendersonAAA JAAA 6.1 50.63 +0.06 .2962 Schwab1000Index SCHK 1.4 47.11 +0.47 .1791
iShEdgeMSCIUSAQual QUAL 1.2 151.35 +0.54 .4489 SprottJrUranium URNJ 3.5 27.05 –0.48 .9508 FT PfdSecs FPE 5.9 17.09 +0.17 .0706 iShGlobalTech IXN .5 71.23 +0.77 .2121 JanusHendMtg JMBS 4.4 45.37 +0.03 .19 SchwabST USTr SCHO 3.8 48.48 +0.05 .1566
iShExpTechSftwr IGV .0 423.31 +4.94 .0051 T-Rex2XInvrTesla TSLZ ... 39.86 +8.91 ... FT TCWUnPlBd UCON 4.8 24.62 –0.02 .11 iShGoldTr IAU ... 38.18 –0.21 ... HancockMC JHMM 1.2 52.42 +0.53 .371 SchwabUS AggrBd SCHZ 3.3 46.07 +0.04 .1334
iShFRBd FLOT 5.6 50.95 +0.11 .2528 T-Rex2XLgTesla TSLT ... 12.89 –4.79 ... FT ValLineDiv FVD 2.3 40.44 +0.19 .2928 iShGoldTrMicro IAUM ... 20.14 –0.11 ... JPM EqPrem JEPI 8.3 55.94 +0.48 .4278 SchwabUS BrdMkt SCHB 1.4 56.82 +0.62 .2243
iShHYSystemBd HYDB 6.9 46.57 +0.35 .2884 USTrea3mBill TBIL 5.0 50.03 +0.04 .2189 FlexGlbUpNatRsc GUNR 3.8 38.63 +0.38 .4594 iShiBdsDec25Cp IBDQ 3.3 24.82 +0.04 .0746 JPM USQualFactor JQUA 1.2 49.45 +0.36 .1928 SchwabUS Div SCHD 3.5 77.02 +0.43 .7423
iShIntGovtCredBd GVI 2.8 104.30 +0.13 .2829 ValkyrieBitcoin WGMI .4 13.31 +1.23 .055 FrankFTSEIndia FLIN .7 35.02 –0.48 .2504 iShiBdsDec24Cp IBDP 3.0 24.98 +0.01 .0687 JPM UltShIncm JPST 2.2 50.45 +0.07 .2367 SchwabUS LC SCHX 1.4 57.78 +0.60 .2236
iShIntlAggBd IAGG 3.6 49.27 +0.02 1.7697 VanEckGlFallAngHY ANGL 5.2 29.09 +0.15 .1413 FrankFTSEJapan FLJP 2.9 28.46 –0.16 .4778 iShiBdsDec27Cp IBDS 3.8 23.90 +0.04 .0763 KraneCSICnInt KWEB 1.9 24.48 +0.71 .4193 SchwabUS LC Grw SCHG .4 86.38 +0.85 .1037
iShMSCIChileCap ECH 5.2 25.93 +0.28 .1761 VanEckSemicon SMH ... 188.27 +1.09 ... GlbXCopperMiners COPX 2.5 36.49 +1.20 .3907 iShiBdsDec26Cp IBDR 3.4 23.91 +0.03 .0755 MAXS&P5004X XXXX ... 31.23 +1.13 ... SchwabUS LC Val SCHV 2.4 70.54 +0.83 .4816
iShMSCIEurozone EZU 2.6 47.40 +1.19 .3513 VangdEM GovBd VWOB 5.6 62.69 +0.15 .3037 SchwabUS REIT SCHH 3.4 19.89 –0.20 .2245
GlbXLithium LIT 1.3 43.44 –1.20 .3575 iShiBoxx$HYCpBd HYG 5.7 77.63 +0.46 .3785 MatlsSelSector XLB 2.1 82.51 +0.28 .5912
SchwabUS SC SCHA 1.5 46.17 +0.63 .2331
iShMSCIEAFEGrw EFG 1.6 97.19 +1.99 .6555 VangdIntrCorpBd VCIT 3.8 80.42 +0.12 .2754 GlbXRuss2000Cvr RYLD 12.9 16.37 –0.04 .1654 iShiBoxx$IGCpBd LQD 4.1 109.09 +0.10 .3927 MicroFang-3xInv BERZ ... 3.27 –0.09 ...
Schwab US TIPs SCHP 3.0 51.84 –0.11 .1369
iShMSCIIndia INDA .2 49.19 –0.40 .0801 VangdIntermTrea VGIT 2.7 58.89 +0.06 .1674 GlbXS&P500Cv XYLD 10.4 39.90 –0.08 .3138 iShLatinAmer40 ILF 4.7 28.19 +0.44 .8603 MicroFANG-3XInvr FNGD ... 4.92 –0.37 ...
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SimplifySTTrea TUA 4.9 22.71 –0.08 .10


iShMSCIIndiaSC SMIN .1 71.57 –0.64 .2437 VangdIntlHiDiv VYMI 4.6 65.79 +0.85 .8644 GlbX US Pfd PFFD 6.3 19.99 +0.36 .105 iShMSCIAustralia EWA 3.8 23.69 +0.41 .4883 MicroFang+3x FNGU ... 269.55 +17.86 ...
SimplifyTailRisk CYA 334.7 .08 –0.04 .229
iShMSCIEAFEValue EFV 4.4 51.59 +0.56 .9574 VangdLTCorpBd VCLT 4.8 78.35 –0.01 .3286 GlbX Uranium URA 5.7 29.59 –0.84 1.6816 iShMSCIBrazil EWZ 5.9 33.37 +0.41 1.221 MicroGold3XInvr GDXD ... 5.28 –0.30 ...
SimplifyVolPrem SVOL 16.4 22.75 –0.13 .30
iSh20+YTrBdBuy TLTW 20.3 26.52 –0.01 .746 VangdLongTrea VGLT 3.5 58.75 –0.15 .1898 GSTreasury0-1Y GBIL 4.8 100.11 +0.08 .4685 iShMSCICda EWC 2.3 36.47 +0.38 .4859 MicroGold3xLvgd GDXU ... 23.88 +0.67 ...
SPDR S&PMdCpTr MDY 1.2 504.48 +4.29 1.8908
iShUSTreasuryBd GOVT 2.7 22.76 +0.02 .0607 VangdMBS VMBS 3.4 45.69 +0.02 .1419 GSActBetaIntlEq GSIE 2.9 32.60 +0.44 .1495 iShMSCI EAFE EFA 3.0 75.05 +1.12 .9307 MicroUSBigBk3X BNKU ... 23.36 +1.22 ...
SPDR S&P Biotch XBI .0 88.24 +1.19 .0139
JPMBetaEurope BBEU 3.0 56.27 +1.26 .2563 VangdRuss1000Grw VONG .7 81.09 +0.71 .1653 GrShrGold BAR ... 19.95 –0.10 ... iSh MSCI EM EEM 2.7 38.89 +0.50 .748 PGIMUltraShBd PULS 5.4 49.64 +0.06 .2397
SPDRS&PChina GXC 4.0 63.47 +1.72 1.6869
JPMBetaJapan BBJP 3.0 53.53 –0.43 1.6015 VangdRuss1000Val VONV 2.1 72.78 +0.91 .4619 GrayscaleBitcoin GBTC ... 37.51 +0.50 ... iShMSCIFrance EWQ 2.7 39.01 +1.09 .2515 PimcoEnhShMat MINT 4.7 100.33 +0.14 .465
SPDR S&P Div SDY 2.7 123.94 +0.40 .9782
JPMCorePlusBd JCPB 4.4 46.63 +0.12 .1819 VangdRuss2000 VTWO 1.5 79.16 +1.38 .4012 HartfordMultDvxUS RODM 4.5 27.17 +0.23 .5456 iShMSCIGermany EWG 2.6 29.39 +0.50 .0015 PimcoMultiBd PYLD 4.7 25.64 +0.12 .116
SPDRS&POil&Gas XOP 2.7 134.07 +5.62 1.0364
JPMUltShMuni JMST 3.1 50.76 +0.05 .1385 VangdSTCpBd VCSH 3.1 77.36 +0.11 .2312 HealthCrSelSect XLV 1.6 139.27 –0.19 .5977 iShMSCIHongKong EWH 4.6 16.26 +0.50 .4295 PrincipalSpectPfd PREF 4.6 17.90 +0.25 .0667
SPDR S&P Retail XRT 1.4 69.94 +1.26 .326
-1xShVIXFutures SVIX ... 39.64 +1.12 ... VangdShtTmInfltn VTIP 2.9 47.55 +0.01 .6375 IndSelSectorSPDR XLI 1.6 113.43 +0.98 .6146 iShMSCIIndonesia EIDO 3.1 21.35 –0.86 .1758 ProShBitcoin BITO 15.3 20.30 +0.21 .1472
SprottUranium URNM 3.3 52.88 –2.11 1.751
PacerIntCashCow ICOW 3.6 30.94 +0.46 .2571 VangdShortTrea VGSH 3.3 58.37 +0.07 .1949 InvscDBComm DBC 4.8 22.61 +0.67 1.0893 iShMSCIIntlQual IQLT 2.3 37.41 +0.80 .3689 ProShShBitcoin BITI 3.4 12.99 –0.20 .0379
TRoweCapAppr TCAF ... 28.10 +0.21 ...
PacerGlCashCows GCOW 5.3 33.90 +0.42 .2821 VangdTotalBd BND 3.1 72.70 +0.03 .2105 InvscDBAgriFd DBA 4.5 21.45 +0.44 .9604 iShMSCIIntlValue IVLU 4.7 26.32 +0.19 .6112 ProShShtDow30 DOG 4.6 29.56 –0.14 .4085
TechSelectSector XLK .7 201.75 +1.58 .422
PacerUSCashCows COWZ 1.9 51.93 +0.68 .2977 VangdTotIntlBd BNDX 4.5 48.73 –0.06 1.3568 ProShShrtQQQ PSQ .6 9.20 –0.04 .1904
TeucriumWheatFd WEAT ... 5.73 +0.07 ...
PacerUSSCCash100 CALF 1.2 47.58 +0.84 .1638 VangdTotIntlStk VXUS 3.3 57.18 +0.74 .8471 ProShShRuss2000 RWM .4 21.70 –0.35 .3502
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

USGlobalJets JETS ... 19.12 +1.01 ...


ProShS&P500Arist NOBL 2.1 94.90 +0.70 .6558 WT CloudComp WCLD ... 34.91 +0.58 ... ProShShrtS&P500 SH 5.5 12.74 –0.11 .2355
UtilitiesSelect XLU 3.5 61.21 +0.23 .5972
ProShShtVIXST SVXY ... 106.91 +1.74 ... WT USQltyDiv DGRW 1.7 71.73 +0.35 .005 ProShSh20+Tr TBF 4.7 23.42 +0.09 .3983

Selected ETF Leaders


VanEckBDCIncm BIZD 10.6 16.57 +0.22 .4679
ProShUltVIXST UVXY ... 7.56 –0.40 ... ProShUltBlmCrude UCO ... 30.13 +3.12 ...
NYSE ARCA VanEckGoldMin GDX 1.8 28.07 +0.38 .5001
ProShVIXSTFut VIXY ... 14.43 –0.51 ... ProshUltBbgNtGas BOIL ... 24.40 –1.69 ...
VanEck IG FR FLTR 6.0 25.36 +0.06 .133
2xBitcoinStrategy BITX ... 21.59 +0.24 ... ARK Innovation ARKK ... 45.92 –0.36 ... ProShUltDow30 DDM .3 80.60 +0.95 .2167 VanEckJPMEMLCBd EMLC 6.1 25.00 –0.03 .1314
2xLongVIXFut UVIX ... 11.67 –0.88 ... abrdnBbgAllCmdK1 BCI 3.9 19.50 +0.42 .7614 ProShUltraQQQ QLD .1 80.85 +0.86 .0782
iShares Core S&P VanEckJrGoldMin GDXJ .8 34.13 +0.24 .2736
VanEckAMTFrLgMun MLN 3.3 17.83 –0.03 .0515 abrdnPhysGold SGOL ... 19.31 –0.08 ... 1.59% ProShUltRus2000 UWM .4 36.00 +1.19 .1141 VanEckMerkGoldTr OUNZ ... 19.53 –0.08 ...
VanEckHYMuni HYD 4.2 51.25 +0.41 .1811 abrdnPhysSilver SIVR ... 21.84 +0.22 ... Small Cap (IJR) ProShUltraS&P SSO .2 68.02 +1.33 .1181 VanEckOilSvcs OIH 1.4 306.47 +18.24 4.2235
VanEckIntermMuni ITM 2.4 46.28 –0.08 .1011 AdvShMSOS2xDly MSOX ... 5.82 +0.84 ... ProShUltSemi USD .0 65.32 –0.19 .0269 VanEckPfdxFin PFXF 7.7 17.54 +0.23 .1874
VanEckMstrWd MOAT .9 84.54 +0.57 .7285 AdvShPureUSCan MSOS ... 9.12 +0.68 ... ProShUltSilver AGQ ... 24.67 +0.42 ...
iShares Core MSCI VangdExtMkt VXF 1.3 162.24 +1.93 .6768
VanEckVietnam VNM 5.2 12.87 –0.06 .6552 AlerianMLPETF AMLP 7.5 44.73 +2.24 .88 1.57 ProShUltDow30 UDOW .9 76.15 +1.34 .1447 VangdInfoTech VGT .6 503.40 +3.70 .7946
VangdUltShrtBd VUSB 4.4 49.60 +0.07 .215 ArkFinInnov ARKF ... 25.69 +0.37 ... EAFE (IEFA) ProShUltRus2000 URTY .2 42.51 +2.04 .0847 VangdSC Val VBR 2.1 178.18 +2.83 1.1538
AvantisEM AVEM 3.1 54.86 +0.78 1.141 ProShUltS&P500 UPRO .7 58.36 +1.63 .1194 VangdDivApp VIG 1.9 173.06 +1.08 .9156
NASDAQ AvantisUSSCValue AVUV 1.7 88.78 +2.04 .4379 Vanguard FTSE ProShUltShDow30 SDOW .5 17.97 –0.31 .2532 VangdEnergy VDE 3.3 117.67 +5.62 1.06
AXS1.25XNVDABr NVDS 19.2 22.28 –0.68 4.2717 BitwiseBitcoin BITB ... 22.91 +0.18 ... 1.39 ProShShtRus2000 SRTY 4.6 32.51 –1.81 .4869
Developed Markets VangdExtDuratn EDV 3.8 74.75 –0.34 .737
AXSShInnovDly SARK 11.0 29.62 +0.27 3.2644 BlkRkFlexIncm BINC 5.4 52.33 +0.17 .3977 ProShUltSh&P500 SPXU 7.5 8.07 –0.23 .1817 VangdFTSEAWxUS VEU 3.4 55.44 +0.71 .843
AXS TSLA BrDly TSLQ 10.0 37.40 +4.66 3.7319 BlkRkUSEqRotat DYNF 1.1 40.99 +0.53 .0898 (VEA) ProShUltBloomCrd SCO ... 17.81 –2.15 ... VangdFTSEDevMk VEA 3.2 47.43 +0.65 .6097
DefNasdaq100Enh QQQY 60.7 18.04 +0.27 .62 BondBbg1yUS XONE 4.4 49.91 +0.05 .2236 Vanguard FTSE ProShUltShBlmGas KOLD ... 102.41 +4.05 ... VangdFTSE EM VWO 3.6 40.16 +0.53 .8649
1.34
DirexTSLABr1x TSLS 3.4 25.14 +3.13 .2292 BondBbg6mUS XHLF 4.5 50.34 +0.05 .2115 Emerging Markets ProShUltDow30 DXD 2.1 33.46 –0.35 .384 VangdFTSE Europe VGK 3.2 63.93 +1.44 .4571
DirexTSLABl1.5x TSLL 4.1 8.96 –2.30 .1253 CapitalGrpCoreBal CGBL 1.9 27.67 +0.22 .131 ProShUltShQQQ QID .4 9.95 –0.10 .2055
(VWO) VangdFinls VFH 2.0 94.02 +1.62 .5402
FT CapStrength FTCS 1.5 80.97 +0.16 .4313 CapGrpCore CGUS 1.2 28.92 +0.25 .1017 ProShUltShRus2000 TWM 4.5 12.27 –0.44 .2335 VangdGrowth VUG .6 322.82 +2.84 .5847
FT EnhShtMat FTSM 4.6 59.89 +0.08 .253 CapGrpCorePlus CGCP 5.0 22.60 +0.02 .1291 Vanguard Total Stock ProShUltShS&P500 SDS 6.0 28.69 –0.53 .5841
1.08 VangdHiDiv VYM 3.1 112.99 +1.37 1.0995
FT GlTactCommod FTGC 3.2 23.22 +0.65 .2115 CapGrpDivVal CGDV 1.6 30.04 +0.09 .1668 Market (VTI) ProShUltShSilver ZSL ... 19.87 –0.40 ... VangdIntermBd BIV 3.1 75.57 +0.04 .2249
FT LowDurOpp LMBS 4.1 48.14 –0.18 .185 CapGrpGlbGrw CGGO .7 26.45 +0.57 .1126 ProShUltraSh20+ TBT 4.4 33.86 +0.31 .5226 VangdLongTermBd BLV 4.2 72.04 –0.07 .2617
FT NasdCybersec CIBR .4 56.41 +0.86 .1658 CapitalGrpGrw CGGR .4 29.05 +0.47 .0612 QuadraticDeflat BNDD 4.5 14.29 –0.10 .1418 VangdMegaGrwth MGK .5 270.40 +2.36 .4293
SPDR S&P 500 ETF RealEstSectorSPDR XLRE 3.4 38.49 –0.21 .4208
FT RisingDivAch RDVY 2.1 51.51 +0.87 .3421 CapGrpIntlFocus CGXU 1.0 24.02 +0.37 .0963 1.06 VangdMC VO 1.5 230.70 +1.78 1.1834
FT SMID CapRising SDVY 1.9 32.38 +0.48 .1844 CommSvsSPDR XLC .8 77.68 +2.85 .1737 Trust (SPY) SPDRBlackSrLoan SRLN 8.2 42.00 +0.04 .33 VangdMC Val VOE 2.3 143.62 +1.47 1.1142
FT TCW Opp FIXD 4.0 43.87 –0.12 .165 CnsmrDiscSel XLY .8 171.68 –3.21 .3204 SPDRBBCpBd SPBO 4.7 29.15 +0.02 .1235 VangdRealEst VNQ 4.1 84.94 –0.46 1.0683
GlbXAI&Tech AIQ .2 31.84 +0.49 .0193 ConsStaplesSPDR XLP 2.6 72.63 +0.58 .5364 Vanguard Dividend SPDRBlmCvSecs CWB 2.0 71.26 +0.15 .2107 VangdS&P500ETF VOO 1.4 448.23 +4.94 1.8011
GlbXNasd100Cv QYLD 11.5 17.70 –0.10 .179 DimenCoreFxIncm DFCF 4.5 42.04 –0.06 .0237 0.63 SPDR Blm HY Bd JNK 6.4 95.01 +0.63 .527 VangdST Bond BSV 2.5 76.93 +0.08 .195
GlbX Robotics&AI BOTZ .2 29.20 +0.49 .0041 DimenEmgCore DFAE 2.5 23.45 +0.28 .0932
Appreciation (VIG) SPDRBbgIntTrBd BWX 1.7 22.38 –0.03 .028 VangdSC VB 1.6 210.24 +2.53 1.0769
GrShr2xLgNVDA NVDL 7.9 122.72 +5.82 10.1115 DimenIntlCore DFAI 2.7 28.46 +0.43 .1718 SPDRBlmInvGrdFR FLRN 5.4 30.76 +0.04 .157 VangdTaxExemptBd VTEB 2.8 50.47 +0.02 .1283
InvscActMgdETC PDBC 4.1 13.65 +0.40 .5601 DimenIntlValue DFIV 4.0 33.95 +0.53 .3344 Invesco QQQ Trust SPDRBbg1-3MTB BIL 4.9 91.75 +0.09 .4213 VangdTotalStk VTI 1.4 242.12 +2.58 1.0017
InvscBS30CpBd BSCU 4.1 16.42 –0.03 .0571 DimenShDurFix DFSD 3.9 46.97 +0.07 .0267 0.62 SPDRBlmSTHYBd SJNK 7.2 25.24 +0.12 .1423
(QQQ) VangdTotWrldStk VT 2.1 103.65 +1.19 .8008
InvscBS28CpBd BSCS 3.9 20.12 –0.04 .0685 DimenUSCore DFAU 1.3 33.91 +0.40 .1342 SPDR 3-12MT-Bill BILS 4.8 99.47 +0.09 .4345 VangdValue VTV 2.4 151.10 +1.90 1.0308
InvscBS25CpBd BSCP 3.4 20.45 –0.02 .0622 DimenUSCoreEq2 DFAC 1.2 29.59 +0.40 .1033 SPDRDoubleTRTact TOTL 5.0 39.85 –0.03 .232 VirtusInfrUSPfd PFFA 9.5 20.90 +0.22 .1675
InvscBS24CpBd BSCO 2.9 20.91 –0.03 .0521 DimenUSHiProf DUHP 1.5 29.35 +0.31 .1376 Vanguard Total Bond SPDR DJIA Tr DIA 1.8 381.09 +2.49 .2128 WT EMxSOE XSOE 1.9 27.74 +0.16 .175
0.03
InvscBS27CpBd BSCR 3.8 19.35 –0.03 .064 DimenUSSCValue DFSV 1.3 28.72 +0.70 .1146 Market (BND) SPDR DJ REIT RWR 3.9 92.47 –0.68 1.2592 WT EM HiDiv DEM 5.6 39.93 +1.11 .315
InvscBS26CpBd BSCQ 3.5 19.25 –0.02 .0601 DirexCSIChinaInt CWEB 3.3 26.92 +1.32 .4686 SPDREuroStx50 FEZ 2.7 48.10 +1.49 .119 WT FRTrea USFR 5.2 50.23 –0.17 .227
InvscHYEquDivAch PEY 4.7 20.54 +0.31 .0843 DirexDJBear3X WEBS 9.8 7.42 –0.46 .1701 SPDRGoldMini GLDM ... 40.04 –0.19 ... WT IndiaEarn EPI .1 41.85 –0.15 .06
InvscKBWBank KBWB 3.2 49.42 +1.17 .3877 DirexDJBull3X WEBL .0 17.14 +1.01 .0001
SPDR Gold Shares SPDR Gold GLD ... 187.01 –0.92 ... WT JapanHdg DXJ 3.2 94.78 –0.10 1.61
-0.49
InvscNasd100 QQQM .6 174.47 +1.08 .3807 DirexEnerBull2x ERX 3.2 56.75 +5.26 .3736 (GLD) SPDR MSCI exUS CWI 2.8 26.73 +0.36 .3462 XtrkHarvCSI300 ASHR 2.6 23.09 +0.47 .5925
InvscQQQI QQQ .5 423.81 +2.63 .8083 DirexChinaBr3 YANG 3.1 14.92 –2.27 .1403 SPDRNuvBBHYMuni HYMB 4.1 25.17 +0.15 .0859 XtrkMSCIEAFE DBEF 4.4 37.84 +0.63 .0342
iShBiotech IBB .3 135.35 +0.17 .124 DirexChinaBl3 YINN 5.2 16.88 +1.76 .3926 Source: Barron’s Statistics SPDRNuveenMuniBd TFI 2.4 46.50 –0.01 .1079 XtrkUSDHYCpBd HYLB 5.8 35.62 +0.17 .1715
iShBitcoin IBIT ... 23.99 +0.19 ... DirexFinlBear3 FAZ 5.2 12.77 –0.71 .0801 SPDRNuveenSTMuni SHM 1.2 47.52 –0.02 .0583 YieldMaxCoinOpt CONY 112.5 19.85 +0.39 2.6932
iShBrdUSDInvCpBd USIG 4.0 50.75 ... .1816 DirexFinlBull3 FAS 1.7 88.49 +4.52 .3829 SPDRPtfAggBd SPAB 3.3 25.33 +0.01 .0796 YieldMaxTSLAOpt TSLY 99.4 8.73 –1.21 .5565
January 29, 2024 BARRON’S 47

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA


About Our Funds
The listings include the top 1250 NOTICE TO READERS: Closed End Fund listings have moved to

Cash Track
open-end funds by assets. These
funds value their portfolios daily barrons.com/cefund. They will no longer appear in print. The
and report net asset values (the
dollar amount of their holdings Herzfeld chart has moved to the Market Lab Newsletter. To sign
divided by the number of shares
outstanding) to the National up for the newsletter, go to barrons.com/newletters. No January Effect: Investors fled stock funds, swelling the last month’s average weekly outflow to $5.8
Association of Securities Dealers.
Total returns reflect both price billion. They also reduced their commitments to money-market funds, where inflows narrowed to $7.7 billion
changes and dividends; these Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. a week. Some of that cash might have gone to taxable-bond funds, which took in an average of $12.7 billion
figures assume that all distribu- NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
tions are reinvested in the fund. LtdTEBdA 15.25 0.01 -0.5 -1.7 MktNeutI 14.24 0.03 0.4 9.8 SclCrEqInst 13.98 0.20 -1.4 7.9
a week. Muni-bond funds also saw demand, with their weekly intake rising to $200 million.
Because Lipper is constantly up-
dating its database, these returns N PerA 56.43 0.67 0.9 5.6 Calvert Investments: STExQual 10.32 0.02 0.4 -0.2
may differ from those previously NEcoA 55.34 0.58 2.5 1.8 Eq A 77.26 0.38 0.8 27.8 STGov 9.94 0.01 0.4 -0.5 Equity Funds Municipal Bond Funds
published or calculated by others. NwWrldA 74.66 0.75 -0.5 -9.1 Carillon Reams: STMuniBd 10.16 0.01 0.1 2.5
3 year returns are cumulative. The SmCpA 64.51 0.36 -2.6 -13.9 US CoreEq1 36.72 0.48 1.8 31.2 5000 250
NAV is the last reported closing CorePlBd I 29.71 0.04 -1.2 -8.8
price for the week. Footnotes: NA:
STBFA 9.52 0.01 0.4 -0.5 UnconstrndBd I 12.23 0.02 -0.2 2.6 US CoreEq2 32.97 0.45 1.5 31.3
not available. NE: performance TECAA 16.60 0.01 -0.8 -2.7 US Micro 25.81 0.46 -1.8 24.1 2200 0
Carillon Scout:
excluded by Lipper editor. NN: fund TxExA 12.33 0.00 -0.9 -2.8 US Small 43.64 0.59 -1.6 20.9
not tracked. NS: fund not in WshA 57.99 0.35 1.4 37.4 MidCap I 21.70 0.08 -0.5 4.2 -600 -250
US SmCpVal 44.53 0.85 -0.9 45.5
existence for whole period. e: ex AMG Managers Funds: CausewayInst :
capital gains distributions. f: US TgdVal 31.45 0.63 -1.4 43.5
previous day’s quote. n: no front- YachtmanFocFd I 19.91 0.35 -0.9 21.1 CausewayInst 19.28 0.20 -1.4 26.5 USLCpGr 32.32 0.20 3.3 36.8 -3400 -500
or back-end sales charge. p: fund YacktFocFd N n 19.99 0.35 -0.9 20.4 CIBC Atlas: USLgVa 44.88 0.78 0.8 31.1
assets are used to pay marketing YacktmanFd I 23.32 0.43 -0.1 25.0 DispEq Inst 28.35 0.32 2.1 24.4 USLgVaIII 28.82 0.50 0.8 31.5 -6200 -750
and distribution costs (12b-1 fees). ClearBridge: USSoCoreEq2 24.16 0.33 1.6 29.4
r: fund levies redemption fee or Angel Oak Funds Trst: Dec Jan Dec Jan
back-end load. s: stock dividend or AglOkMtiStFdClIn 8.43 0.00 -0.1 -4.7 AggressGrowthA106.60 1.93 2.0 -2.0 USSustCoreI 38.20 0.46 2.1 29.9
split of 25% or more. t: fund charges AQR Funds: AllCapValueA 13.24 0.14 -0.1 28.7 USVectorEq 24.23 0.42 0.1 29.9
12b-1 fees (for marketing and AppreciationA 31.99 0.55 3.8 32.4 Dodge & Cox: Money Market Funds Taxable Bond Funds
distribution) and a back-end load. LgCapDefStyle I 22.55 0.12 2.6 18.1
v: capital-gains distribution may be Artisan Funds: DividendStrat1 n 28.27 0.20 1.4 35.0 Balanced n 101.48 0.93 0.2 23.7 40400 13900
a return of capital. x: ex cash DividendStratA 28.24 0.19 1.4 33.8 Dodge & Cox n 10.81 0.03 -1.2 1.4
GblOppInst 32.83 0.66 3.2 -1.0
dividend.
Intl Inv n 27.01 0.25 0.7 -1.9
LargeCapGrowthA 53.77 0.82 4.7 21.9 GblStock n 14.84 0.24 -0.5 32.0 28800 9300
Net YTD 3-Yr. LargeCapGrowthI 63.95 0.99 4.7 23.0 Income n 12.48 0.02 -1.1 -5.7
IntlInst 27.13 0.25 0.7 -1.2
NAV Chg. % Ret. % Ret. IntlVal Inst 46.07 0.45 0.2 31.7
SmallCapGrowthIS 39.39 -0.04 -2.9 -21.5 Intl Stk n 48.13 0.52 -2.1 14.5 17200 4700
Cohen & Steers: Stock n 246.83 3.55 1.3 41.2
IntlVal Inv n 45.94 0.45 0.2 30.8
A GlbRltyI 49.99 -0.26 -3.9 0.6 DoubleLine Funds: 5600 100
MidCapInst 41.85 0.20 0.6 -12.8
MidCapInv n 34.99 0.16 0.6 -13.4 InstlRlty 44.76 -0.46 -3.6 14.4 CoreFxdIncmI 9.26 0.02 -0.8 -8.2
AAM: PrefSecIncnI 11.96 0.13 1.5 -2.2 LowDurBdI 9.60 0.01 0.3 4.5 -6000 -4500
B&GIncGroClI 23.29 0.12 1.8 22.4 BC RltyIncI 16.06 -0.16 -3.4 12.5 ShillerEnhCAPEI 14.28 0.21 0.1 20.0
AB Funds: RltyShs n 61.15 -0.65 -3.6 14.1 Dec Jan Dec Jan
TotRetBdI 8.74 0.02 -1.1 -9.1
CapFdInc.LCapGow 96.74 0.97 4.4 28.7 Baird Funds: Colorado BondShares: TotRetBdN n 8.73 0.01 -1.1 -9.8 A red chart indicates a lower value than the starting period. Green means it's higher than the starting period.
MuniIncmShares 11.00 0.00 -0.9 -1.7 AggBdInst 9.72 -0.01 -1.2 -9.8 ColoradoBdShs 8.74 0.00 -0.1 6.9 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI
AB Funds - A: CorBdInst 10.04 -0.01 -1.0 -8.4 Columbia Class A: E
LgCpGrA 85.79 0.85 4.4 27.5 IntBdInst 10.26 -0.01 -0.3 -4.9 BalancedA 48.97 0.51 1.4 15.9
RelatValA 6.22 0.11 2.0 34.0 ShtTBdInst 9.40 -0.01 0.2 1.6 Eaton Vance Class A:
ContCoreA 31.96 0.48 2.9 34.2 Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
AB Funds - ADV: Baron Funds: DisplCoreA 13.44 0.15 3.0 32.2 TMG1.0 n 2188.6228.68 3.6 30.5 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
GlbBd 6.85 0.01 -1.1 -7.2 Asset n 97.73 0.35 -0.3 -1.2 DivIncA 30.88 0.34 1.6 31.0 TMG1.1 98.30 1.28 3.5 29.4 SeriesBondFd 8.94 0.00 -1.2 -10.5 FF2025 n 13.06 0.09 -0.3 2.1 EmrgMktsDebt 7.60 0.00 -1.5 -5.0 SrsSmCapDiscRet 11.66 0.15 -0.2 31.0
HiIncmAdv 6.89 0.03 -0.1 5.9 Growth n 95.70 0.28 0.0 6.2 LgCpGrowA 59.70 0.58 4.7 26.9 Eaton Vance Class I: SeriesOverseas 13.02 0.19 0.4 11.1 FF2030 n 16.54 0.13 -0.2 4.0 EmrMkt n 35.15 0.21 -1.7 -22.1 STBF n 8.38 0.00 0.1 0.8
IntlStraEquPtADV 11.63 0.18 0.8 -0.6 Partners n 140.42 -7.66 -12.0 -14.6 LgCpVl A 15.50 0.17 1.0 28.1 AtlCpSMID 38.36 0.47 1.3 27.9 SerLTTreBdIdx 5.58 -0.02 -4.6 -32.0 FF2035 n 14.54 0.14 0.1 7.6 Eq Inc n 67.86 0.70 0.6 28.5 StkSelSmCp n 33.44 0.66 0.1 15.9
LgCpGrAdv 96.85 0.97 4.4 28.5 SmallCap n 30.25 -0.08 0.0 -0.8 LiGoBalA 11.12 0.08 0.9 7.3 FltgRt 8.42 0.00 0.6 13.4 SmCpIdxInstPrem n 24.45 0.42 -2.4 -3.9 FF2040 n 10.53 0.12 0.4 10.8 EqDivIncm n 27.53 0.44 1.5 33.9 StkSlcACap n 70.37 0.81 1.7 24.6
NationalPtf 9.64 0.00 -0.7 -2.6 Baron Instl Shares: SelgComuInfoA 115.04 0.96 2.9 31.0 GblMacAbR 8.27 0.01 0.6 9.0 STBdIdx InstPrem n 9.75 0.01 0.0 -1.9 FF2045 n 12.14 0.15 0.5 11.4 Fidel n 77.92 0.92 4.6 31.7 StratDivInc n 15.98 0.15 0.6 15.4
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SmMidCpValAdv22.04 0.34 -0.7 25.7 AssetInst 103.69 0.38 -0.3 -0.4 TaxEA 11.73 0.02 -1.1 -5.1 IncBos 5.13 0.03 0.2 8.9 STTreIdx InstPre n 10.09 0.00 -0.2 -2.8 FF2050 n 12.29 0.15 0.6 11.5 FltRateHi n 9.29 0.00 0.5 17.3 TaxFrB n 10.94 0.00 -1.1 -2.6
Advisers Inv Trst: EmergingMktsInst 13.64 0.06 -2.7 -31.2 Columbia Class Adv: NatlMuniInc 9.26 0.00 -1.0 -2.2 TMktIdxInstPrem n 134.48 1.44 2.1 26.2 Free2055 n 14.22 0.17 0.5 11.5 FocsdStk n 31.85 0.50 5.2 26.1 TotalBond n 9.47 0.01 -1.0 -7.3
Balanced n 85.06 0.67 1.1 19.7 GrowthInst 101.14 0.31 0.1 7.1 DivIncom 31.53 0.34 1.7 31.9 Edgewood Growth Instituti: TotalMarketIndex n 16.97 0.18 2.1 27.3 Free2060InstPrem 16.23 0.18 0.4 10.8 FournOne n 54.49 0.55 0.1 11.8 TotalBond K6 8.79 0.01 -1.1 -7.2
Growth n 108.05 1.09 1.7 33.5 PartnersInst 146.23 -7.98 -12.0 -13.9 Columbia Class C: EdgewoodGrInst46.00 1.39 5.2 7.4 TtlIntIdxInstPr n 12.96 0.18 -1.4 -0.5 Freedom2015 K 11.10 0.06 -0.5 0.0 GNMA n 10.09 0.00 -1.4 -8.6 Trend n 156.37 2.10 4.6 20.8
Akre Funds: RealEstateInst 34.97 -0.20 -2.2 4.7 DivInc 29.76 0.32 1.6 28.0 USBdIdxInstPrem n 10.28 0.00 -1.2 -10.4 Freedom2020 K 13.96 0.08 -0.4 1.0 GovtInc n 9.13 0.00 -1.3 -11.8 Value n 14.20 0.31 -1.1 39.7
AkreFocusInst 61.08 0.21 2.2 29.2 SmallCapInst 32.69 -0.08 0.0 -0.1 F USSusIdx n 21.92 0.19 3.2 36.4 Freedom2020K6 13.89 0.08 -0.4 1.3 GroCo n 33.44 0.38 4.8 19.0 ValueDisc n 35.12 0.45 0.1 23.1
Columbia Class I:
AkreFocusRtl 58.64 0.21 2.2 28.2 Bernstein Fds: Fidelity Adv Focus A: Freedom2025 K 13.03 0.09 -0.3 2.3 GroInc n 54.97 0.76 1.4 39.6 Wrldw n 32.14 0.53 3.3 12.3
Acorn I 10.89 0.13 -0.4 -17.0 Fairholme: Freedom2025K6 12.99 0.09 -0.3 2.8 GrowCoK 33.62 0.38 4.8 19.2 Fidelity SAI:
AmanaGrowth n: DivrMuni n 13.86 0.00 -0.4 -0.6 Balanced I 48.85 0.51 1.4 16.7 HthCarA 60.04 0.48 0.1 -4.2
IntmDur n 11.24 0.00 -1.4 -10.8 Fairholme n 34.41 -0.04 -4.8 19.7 TechA 99.88 0.82 5.0 32.3 Freedom2030 K 16.52 0.13 -0.2 4.3 GrowIncK 54.91 0.77 1.4 40.0 FidSAIEmgMktIndx 12.52 0.12 -3.5 -24.3
AmanaGrowth n 74.58 1.38 4.4 34.2 ContCore I 32.34 0.49 2.9 35.2 Freedom2030K6 16.46 0.13 -0.2 4.8
BlackRock Funds: FAM Value: Fidelity Advisor: GrStrt n 56.72 0.34 0.5 8.1 FidSAIIntlIndxFd 13.54 0.22 -0.4 9.9
Amer Beacon Insti: DivIncom I 30.91 0.34 1.6 31.9 Freedom2035 K 14.52 0.14 0.1 7.9
FAMValue n 92.47 1.33 1.4 26.3 GwthDiscovery n 56.69 0.96 5.3 27.0 IntlValIdx 9.21 0.06 -1.3 21.7
SmCpInst 24.41 0.43 -2.1 26.6 CoreBd Inst 8.26 0.01 -1.0 -10.5 LgCpIdx I 52.88 0.56 2.6 32.5 SrsAdvIntlCapApp30.06 0.33 1.1 3.6
Federated Hermes A: Freedom2035K6 14.47 0.14 0.1 8.3 HighInc n 7.64 0.05 0.4 2.2 LowDurationInc 10.07 0.00 0.4 6.9
American Century G: HiYBlk 7.03 0.04 0.3 8.0 SelComunInfo 134.36 1.13 2.9 32.0 StragInc n 11.31 0.03 -0.5 0.3
Freedom2040 K 10.53 0.12 0.4 11.1 IntBd n 10.05 0.01 -0.3 -5.1 Muni Inc 9.86 0.00 -1.1 -2.7
HiYldBd Inst 7.03 0.04 0.3 7.7 SelLCVal 31.76 0.45 -0.2 27.2 StrValDivA p 5.43 0.04 0.0 25.5 TotBdFdClZ 9.45 0.00 -1.1 -7.1
GlBond 8.64 0.01 -1.1 -7.2 Freedom2040K6 10.48 0.12 0.5 11.7 IntlCapiApp K6 15.47 0.17 1.1 4.1 SAIEmgMktLoVolIx 10.75 0.11 -1.7 5.8
LowDurI Inst 9.01 0.01 0.3 0.7 StratInc I 21.20 -0.04 -0.4 -1.3 Federated Hermes Int: Fidelity Advisor A:
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Sustain Equity 48.81 0.67 3.1 32.6 Freedom2045 K 12.13 0.15 0.6 11.8 IntlDisc n 44.76 0.60 0.9 -6.4 SAIInflaFocFd 87.66 3.16 4.0 28.2
American Century I: BlackRock Funds A: TotReBd I 30.15 0.04 -1.2 -12.0 InsHiYld 8.79 0.05 -0.2 4.5 BalancA 26.71 0.20 1.3 15.7 Freedom2045K6 12.08 0.15 0.6 12.3 IntlGrRet n 19.34 0.36 1.0 6.5 ShortTermBd 9.64 0.01 0.2 1.0
AdvLgCapCore 19.38 0.15 2.4 27.8 Columbia Class I2: TtlRtnBdI 9.46 0.01 -1.0 -8.5 EqGrA p/r 17.97 0.30 5.2 25.9 Freedom2050 K 12.28 0.15 0.6 11.9 IntlSmCap n 31.03 0.24 -1.1 10.2
EqInc 8.53 0.10 1.1 19.0 TotalBd 8.96 0.01 -0.9 -6.7
CapAppr 33.44 0.59 4.9 14.6 DivIncom 31.49 0.34 1.6 32.1 Federated Hermes IS: GrOppA 132.91 1.41 3.6 -2.2 Freedom2050K6 12.25 0.15 0.6 12.4 IntMu n 10.10 0.00 -0.7 -1.1
Growth 52.37 0.53 4.3 26.7 TxFreeBd 10.02 0.00 -1.1 -1.9
IntTF 10.78 -0.01 -0.7 -1.6 EqtyDivd 19.23 0.31 0.8 27.3 Columbia Class I3: KaufmnSCI 47.05 0.43 -1.2 -25.3 NwInsghtA 34.16 0.63 5.1 25.6 Freedom2055 K 14.22 0.17 0.6 11.8 InvGB n 7.15 0.00 -1.1 -9.2 U.S.TreBdIdx 8.70 0.00 -1.2 -11.6
MdCapVal 15.53 0.13 -0.3 26.2 GlblAlloc 18.29 0.15 0.1 -1.6 ContCore I3 33.23 0.51 2.9 35.7 StraValDivIS 5.47 0.03 0.0 26.2 StrInA 11.15 0.03 -0.5 -0.6 Freedom2055K6 14.19 0.17 0.6 12.4 InvGrBd 9.96 0.00 -1.1 -7.7 USValueIndex 10.94 0.25 1.4 36.6
SmCapVal 10.26 0.14 -2.3 23.7 HlthScOp 66.90 0.01 2.3 7.8 DivIncom 31.55 0.34 1.7 32.4 UltraShortI 9.18 0.01 0.4 5.4 Fidelity Advisor Fun: Idx2020InsPre 15.45 0.08 -0.4 0.8 LargeCap n 45.98 0.69 2.0 41.2 Fidelity Selects:
American Century Inv: MdCpGrA 32.51 0.16 -0.5 -7.9 Federated Hermes R: EqGrClZ 21.15 0.35 5.2 27.3 Idx2025InsPre 17.64 0.11 -0.3 2.0 LevCoSt n 35.60 0.44 2.1 20.7
MultiAstIncome 9.92 0.06 -0.2 3.3 D Biotech n 18.13 0.14 1.7 -20.7
KaufmnR 5.28 0.04 0.4 -20.0 InterDiscZ 44.52 0.59 0.9 -6.2 Idx2030InsPre 18.87 0.14 -0.2 3.9 LmtTrmMuniIncm n 10.31 0.01 -0.4 -1.1
DiscCoreVal n 33.33 0.44 1.9 16.5 NatlMuni 10.11 -0.01 -0.8 -4.6 DfAero n 16.11 -0.08 -5.0 28.2
Federated Hermes R6: IntlGrwZ 19.32 0.36 1.0 6.9 Idx2035InsPre 21.50 0.19 0.0 7.2 LowP n 43.85 0.62 -0.5 27.6
EqGro n 28.02 0.37 3.4 21.5 ScTechOppA 53.83 0.52 5.6 -9.0 Davis Funds A: Energy n 56.09 2.84 1.0 140.8
fedadvcons 10.06 0.00 0.4 NS Idx2040InsPre 22.26 0.23 0.3 10.3 LowPriStkK 43.78 0.63 -0.5 27.9
EqInc n 8.51 0.09 1.1 18.1 TotRet 9.90 0.01 -1.1 -11.2 FedInstHYBondL 8.79 0.04 -0.2 4.4 Health n 28.82 0.23 0.2 -3.3
NYVen A 27.10 0.62 2.1 18.6 Fidelity Advisor I: Idx2045InsPre 23.25 0.26 0.4 10.9 LowPriStkK6 14.99 0.21 -0.4 29.2
Grwth n 50.67 0.51 4.3 26.0 BlackRock Funds III: StrValL 5.47 0.03 0.0 26.5 HlthCareSrvPt r n 128.88 -0.88 -3.3 15.5
Davis Funds C & Y: BalancI 27.41 0.20 1.3 16.5 Idx2050InsPre 23.29 0.26 0.4 10.9 Magin n 12.87 0.16 4.5 26.2
Heritage n 22.00 0.12 0.5 -5.4 TtlRtnBdL 9.45 0.00 -1.1 -8.5 ITSvs n 63.78 0.42 2.3 -4.6
iShS&P500IdxK573.44 6.05 2.6 33.0 NYVenY 28.21 0.65 2.1 19.4 ConsvIncmMuni I n 10.03 0.01 0.1 4.1 Idx2055InsPre 19.16 0.21 0.4 10.9 MAMun n 11.36 -0.01 -1.0 -3.7
MdCapVal n 15.51 0.13 -0.3 25.4 Fidelity: MdTchDevis n 62.80 0.16 1.4 -9.9
iShUSAggBdIdxK 8.98 0.00 -1.1 -10.2 Del Invest Instl: EqGrI 20.84 0.35 5.2 26.8 Idx2020 Premier 15.45 0.09 -0.3 0.9 Manager40 n 12.38 0.07 -0.1 2.8
OneChMod n 14.26 0.11 0.3 4.2 500IdxInstPrem n 169.82 1.79 2.6 33.1 Retail n 19.17 0.20 2.2 4.4
BlackRock Funds Inst: Value 16.80 -0.04 0.2 19.7 FAEmgMktI 27.31 0.25 -4.3 -25.3 Idx2025 Premier 17.63 0.11 -0.3 2.1 Manager60 n 14.63 0.12 0.1 5.8
Select n 103.32 0.71 3.2 25.1 BalancedK6 14.32 0.10 1.3 17.8 Semiconductors r n 25.86 0.08 6.6 82.9
AdvLgCapCore 20.51 0.16 2.4 28.8 Deutsche DWS: FAInvGrdI 7.16 0.00 -1.1 -9.3 Idx2030 Premier 18.86 0.14 -0.2 3.9 MegaCpStk n 21.41 0.32 2.2 44.2
Ultra n 77.03 0.56 3.4 20.1 Contrafund K6 24.37 0.50 5.7 29.0 Softwr n 28.62 0.25 3.4 31.4
CAInsMun 11.90 0.01 -0.5 -0.5 FltRatel 9.28 -0.01 0.5 17.1 Idx2035 Premier 21.50 0.19 0.0 7.3 MidCap n 40.47 0.39 -0.1 29.9
American Century R6: CoreEq n 31.88 0.37 2.8 32.4 EmgMktIdxInstPre n 9.70 0.09 -3.5 -24.0 Tech n 29.95 0.25 5.1 23.2
EmgMkts 23.43 0.11 -3.4 -26.0 GrOppI 147.47 1.57 3.6 -1.5 Idx2040 Premier 22.25 0.23 0.3 10.4 MuniInc n 12.19 0.00 -1.1 -2.9
AmCentUltraFdR682.62 0.60 3.4 21.3 Diamond Hill Funds: ExtMktIdxInstPre n 77.08 0.92 -1.3 -3.3 Fidelity Series:
EqtyDivd 19.32 0.30 0.7 28.1 HthCarI 66.81 0.54 0.1 -3.5 Idx2045 Premier 23.24 0.25 0.3 10.9 NASDAQ n 195.81 1.82 3.0 16.8
MdCapVal 15.53 0.14 -0.2 26.7 LgCapI 31.78 0.23 -0.1 22.8 FidAdAsset 13.25 0.04 -0.3 0.1 Idx2050 Premier 23.28 0.25 0.3 10.9 NewInsights Z 35.90 0.66 5.2 27.0 Canada 14.66 0.13 -0.2 37.4
SmCpVal 10.26 0.14 -2.4 24.2 FloRateIncPorIns 9.70 0.00 0.5 16.0 IntlGr 19.29 0.36 1.0 6.5
LgCapY 31.81 0.24 0.0 23.2 FidAdEm 35.11 0.21 -1.7 NS Idx 2055 Premier 19.16 0.21 0.4 10.9 NewMill n 49.09 0.65 2.8 53.0 IntMuni Z 10.12 0.00 -0.7 -1.0
American Century Y: GlblAlloc 18.45 0.15 0.1 -0.8 MuniIncI 10.11 0.00 -0.8 -1.4
LongShortI 27.60 0.30 2.5 27.3 FidSAI 8.87 0.05 0.3 NS Idx 2060 Premier 16.24 0.18 0.4 11.0 NewMkt n 12.21 -0.01 -1.3 -5.4 FidelityAdviAsset:
HiEqInc 27.95 0.41 0.6 28.5 NwInsghtI 35.75 0.67 5.1 26.5
IntTF 10.78 0.00 -0.6 -1.5 Dimensional Fds: FidSAIEmerg 11.82 0.20 -2.6 -6.1 Income n 10.37 0.03 -0.7 -2.5 OTC n 19.20 0.34 5.0 21.3 ADVAssetMan60 14.62 0.12 0.1 6.0
HlthScOp 71.58 0.02 2.3 8.6 StrInI 11.31 0.03 -0.5 0.1
American Funds Cl A: 2TGlFxd 9.71 0.01 0.4 2.1 FidSer5 7.56 -0.04 -1.3 NS Fidelity Invest: OTC K 19.65 0.36 5.0 21.7 First Eagle Funds:
MdCpGrEq 38.33 0.18 -0.5 -7.2 Total Bd 9.45 0.00 -1.1 -7.5
2020TarRetA 12.98 0.07 0.1 6.5 5GlbFxdInc 10.00 0.01 0.4 -2.7 FidSer0-5 9.49 0.01 0.2 NS AggrInt n 26.82 0.30 1.1 3.6 Ovrse n 60.43 0.89 0.2 7.7 GlbA 63.61 0.97 0.8 18.1
MultiAstIncome 9.93 0.06 -0.2 4.1 Fidelity Advisor M:
2025TarRetA 14.60 0.08 0.2 6.5 DFARlEst 37.82 -0.31 -3.6 11.5 FIDSerEmgMkt 8.27 0.10 -2.2 -27.3 AilSectEq 11.06 0.11 2.7 34.9 PuritanK 23.71 0.22 1.9 18.2 OverseasA 24.04 0.25 -0.8 4.1
NatlMuni 10.11 -0.01 -0.8 -3.8 Balanced 27.14 0.19 1.3 14.8
2030TarRetA 16.19 0.10 0.3 8.2 EmgMkt 26.67 0.33 -3.1 -12.6 FidSerInt 8.62 0.01 -1.4 NS AMgr20% n 13.26 0.05 -0.3 0.1 Puritn n 23.74 0.23 1.9 17.9 FPA Funds:
ScTechOppInst 59.35 0.58 5.6 -8.3 EqGr 17.29 0.29 5.2 25.0
2035TarRetA 17.65 0.13 0.6 10.3 EmgMktSoCoEq 13.57 0.14 -2.9 -11.0 FidSerToMarket 16.02 0.18 2.1 26.3 AMgr50% n 19.58 0.14 0.0 4.1 RealE n 37.00 -0.28 -3.9 12.9
StratIncOpptyIns 9.37 0.02 -0.3 1.6 GrOppM 130.52 1.38 3.6 -2.9 FPANwInc n 9.74 -0.01 0.1 4.9
2040TarRetA 18.61 0.16 0.8 12.1 StratMuniOppI 10.45 -0.02 -0.7 -3.7 EmgMktVa 28.66 0.58 -2.6 9.5 FIDSerTresIndxFd 9.94 0.00 0.4 7.0 AMgr70% n 25.86 0.24 0.3 8.4 RealEstInc n 11.54 0.02 -0.3 9.1
NwInsghtM 31.78 0.58 5.1 24.7 FPA Funds Trust:
2045TarRetA 19.09 0.17 0.8 12.2 TotRet 9.90 0.01 -1.0 -10.4 EmMktCorEq 21.82 0.25 -2.6 -6.0 FIDZroExtMktIx n 12.05 0.16 -1.6 8.4 AMgr85% n 24.41 0.27 0.6 11.2 SAIIntlMinVolInd 10.91 0.03 -0.2 7.1
FIDZroLgCpIx n 17.29 0.18 2.6 30.5 Fidelity Advisor Z: FPACres Inst n 38.96 0.60 0.9 23.5
2050TarRetA 18.77 0.16 0.8 12.0 BNY Mellon Funds: EmMktSmCp 22.15 0.12 -2.9 6.8 AstMgr30R n 11.45 0.06 -0.2 1.1 SAILTTreBdIdx 7.15 -0.03 -5.1 -34.4
Flex 500 Index 20.87 0.23 2.7 33.2 AdvIntlSmCpZ 31.20 0.24 -1.0 10.7 FPACresentFnd 38.98 0.60 0.9 23.7
AmcpA 39.06 0.44 2.5 15.5 Fixd 10.25 0.01 0.5 4.0 Balanc n 27.28 0.20 1.3 16.8 SAISm-MidCap500I 6.09 0.07 -0.5 13.6
Aprec n 41.77 0.82 2.5 28.8 FlexIntIdx 12.45 0.17 -1.3 -0.5 AssetManager50% 19.52 0.14 0.1 4.4 Franklin A1:
AMutlA 51.45 0.26 0.9 29.3 GblAll60 40Inst 20.21 0.17 0.3 12.2 BalancedK 27.28 0.19 1.3 17.1 SAIUSMinVolIndFd 19.23 0.17 3.0 27.9
Dr500In n 52.37 0.55 2.6 31.2 AssetMngr85 24.26 0.27 0.5 11.5 CA TF A1 6.83 0.00 -1.1 -4.0
BondA 11.34 NA NA NA GlEqInst 30.64 0.40 0.6 22.7 FlexUSBdIdx 9.05 0.00 -1.2 -10.5 BluCh n 181.28 2.38 4.6 16.6 SAIUSQtyIdx 20.30 0.13 4.9 40.3
Dreyf n 16.94 0.25 3.9 40.0 AsstMngr70 25.81 0.24 0.3 8.6 Fed TF A1 10.75 0.00 -0.9 -4.4
BalA 32.28 0.24 0.9 15.6 GlRESec 9.87 -0.04 -3.9 3.6 Freedom2060K 13.06 0.16 0.5 11.8 BluChpGr K6 27.95 0.35 4.1 17.5 SmCapDisc n 26.52 0.34 -0.3 29.2
DreyMid r Inv n 28.00 0.24 -0.6 17.5 EmMkt Z 27.25 0.25 -4.3 -25.0 HiInc A1 1.71 0.00 0.0 7.8
CapIBA 66.12 0.38 -0.2 14.1 InfProtSec 10.77 -0.03 -0.6 -4.7 GlexUSIdxInstPre n 13.90 0.19 -1.3 -0.5 BluChpGrK 182.28 2.39 4.6 16.9 SmlCapO n 13.93 0.28 0.2 17.0
GlFxIncI 19.80 0.09 -0.3 -3.7 FloatRateHighInc 9.29 0.00 0.6 17.5 HY TF A1 8.71 0.00 -0.6 -5.6
CapWA 16.22 0.00 -2.5 -18.9 IntGvFxdInc 10.93 0.00 -1.1 -12.4 GrowthCompanyK6 23.54 0.27 4.9 19.7 CAMun n 12.12 -0.01 -1.1 -2.7 SmlCpGrth n 28.32 0.43 0.6 -6.7
InstS&PStkIdx I 53.57 0.56 2.6 32.3 GovtIncome 9.14 -0.01 -1.3 -11.6 IncomeA1 2.31 0.02 -0.4 18.8
CapWGrA 60.72 0.70 1.0 12.3 IntlCoreEq 15.14 0.22 -1.2 11.9 InflPrBdIndInsPr n 8.99 -0.02 -0.5 -4.1 CapAp n 41.23 0.64 3.9 25.3 SmlCpGrth K6 15.17 0.24 0.7 -5.7
IntlStkI 24.04 0.57 1.1 2.2 GrOpp 149.58 1.60 3.6 -1.1 NY TF A1 9.95 0.01 -1.0 -5.3
EupacA 54.73 0.88 0.1 -10.6 IntlREst 3.55 0.02 -4.8 -10.1 IntlIdxInstPrem n 47.15 0.75 -0.4 9.9 CapDevO n 20.96 0.32 2.0 41.7 SmlCpGrth Z 28.64 0.44 0.6 -6.3
IntlStkY 23.73 0.56 1.1 2.3 IntCpAp 30.14 0.33 1.1 4.0 US Gov A1 5.06 0.00 -1.3 -9.4
FdInvA 72.76 0.79 1.8 28.2 IntlSustCore1 12.16 0.20 -0.7 6.6 IntlIndex n 10.93 0.15 -1.3 0.5 CnvSc n 32.31 0.14 -0.4 -1.2 SmlCpVal n 19.54 0.23 -1.2 30.4
SmMidCpGrI 25.92 0.30 -1.4 -30.5 InvestGradeBd 7.17 0.01 -1.1 -8.9 Utils A1 18.64 0.05 -3.3 10.4
GBalA 36.18 0.18 -0.4 4.3 IntlVal 19.77 0.30 -1.2 29.6 IntrTresBdIxPrem n 9.63 0.00 -1.1 -12.4 Contra n 17.04 0.36 5.9 28.5 Srs1000ValIndRet 14.78 0.19 0.4 27.1
StrgVal I 41.53 0.47 0.4 50.9 NewMktsIncFdZ 12.21 -0.01 -1.3 -5.1 Franklin Templeton:
GovtA 12.02 0.01 -1.0 -9.7 IntlVectorEq 13.18 0.19 -1.3 13.7 LgCpGwId InstPre n 30.67 0.27 4.0 29.9 ContraK 17.10 0.36 5.9 28.7 SrsBlChGroRetail n 16.33 0.21 4.5 20.3
BNY Mellon Funds Tru: RE Income 11.48 0.02 -0.3 9.5 TgtModA 14.51 NA NA NA
GwthA 64.79 0.81 2.6 12.1 IntSmCo 19.00 0.29 -1.6 4.5 LgCpVlIdxIstPrem n 16.23 0.19 0.4 26.8 CpInc n 9.68 0.06 0.7 12.1 SrsCommStrt 93.32 2.09 0.7 31.1
HI TrA 9.49 0.04 0.3 9.0 MCMultiStrM 16.01 0.17 -0.4 12.2 IntSmVa 20.95 0.35 -1.3 19.8 LTTrsBdIdxInstPr n 9.65 -0.04 -4.5 -32.1 StkSelAllCap 69.87 0.80 1.7 24.9 DisEq n 60.59 0.71 3.6 27.0 SrsEmrgMkt 16.87 0.20 -2.7 -25.5 FrankTemp/Frank Adv:
HiInMuniA 14.82 0.01 -0.7 -1.6 NtlIntmMuni 12.98 -0.01 -0.7 -2.0 IntTermMuni 10.07 0.01 -0.6 -0.8 MidCpInxInstPrem n 29.76 0.27 -0.6 14.9 Fidelity Freedom: DivGth n 33.62 0.35 1.9 31.2 SrsGlobal 13.67 0.19 -1.3 -0.5 CA TF Adv 6.82 0.00 -0.9 -3.6
ICAA 51.36 0.37 1.9 35.4 Brown Advisory Funds: IntVaIII 17.02 0.26 -1.2 29.9 OTCK6Port 21.14 0.39 5.1 22.6 2060 K6 13.05 0.15 0.5 12.3 DivIntl n 41.19 0.59 0.3 -0.6 SrsIntlGrw 17.33 0.33 1.2 8.9 CvtScAdv 20.71 0.08 0.0 -2.1
IncoA 23.36 0.15 -0.3 15.4 GrwthEquityInst 27.94 0.30 2.8 10.4 ITExQual 9.56 0.02 -0.7 -10.2 PuritanK6 14.40 0.15 1.9 18.6 FF2010 n 13.55 0.06 -0.6 -1.2 DivIntl K6 13.61 0.19 0.3 0.4 SrsGroCoRetail 20.41 0.23 4.8 22.3 Dynat Adv 146.82 1.65 5.1 -0.9
IntBdA 12.49 0.01 -0.2 -4.4 Calamos Funds: LgCo 32.44 0.34 2.6 32.9 RealEstIdxInst n 15.19 -0.08 -3.8 9.1 FF2015 n 11.12 0.06 -0.5 -0.2 DivStkO n 33.06 0.46 3.6 32.7 SrsIntlSmCp 16.63 0.21 -1.9 -0.1 Growth Adv 126.98 1.34 2.6 19.1
IntlGrIncA 35.52 0.50 -1.0 2.6 Gr&IncA 43.15 0.40 2.1 18.6 LgCpIntl 26.20 0.38 -0.6 12.3 SAIUSLgCpIndxFd20.24 0.21 2.6 33.0 FF2020 n 13.97 0.08 -0.4 0.8 EmrgMktK 35.15 0.21 -1.7 -21.8 SrsIntlVal 11.56 0.10 -0.9 26.2 IncomeAdv 2.28 0.01 -0.8 19.0
48 BARRON’S January 29, 2024

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA


Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
RisDv Adv 89.25 0.73 1.1 28.5 GrIncA 20.41 0.27 0.6 34.1 CorePlusBd 7.20 0.02 -0.8 -8.0 GenesInst 59.94 0.07 -1.9 4.1 InflRespMulAsset 8.03 0.03 0.1 13.7 Schwab Funds: EuropeAdml n 79.95 1.85 -0.9 14.2 EmgMktInstPl 84.45 0.94 -2.3 -17.3
SmCpValAdv 56.24 0.51 -2.5 18.7 HYMuA 8.43 0.01 -1.1 -6.3 HighYld r 6.42 0.04 -0.2 6.6 IntrinsicValInst 19.98 0.27 -1.2 5.2 Pioneer Funds A: 1000 Inv nr 104.75 1.07 2.3 28.1 ExplrAdml n 102.46 0.98 -0.7 0.8 ExtndIstPl 303.86 3.63 -1.2 -3.3
FrankTemp/Franklin A: IntTMIA p 10.36 0.00 -0.5 -2.6 MtgBckd 10.08 0.01 -0.9 -5.8 LCVal Inst 41.15 0.37 -0.3 20.6 CoreEqA 21.28 0.23 2.5 25.3 CoreEq n 20.81 0.27 3.6 29.1 ExtndAdml n 123.14 1.47 -1.2 -3.4 FTAIWdInPl 115.70 1.50 -1.3 0.4
BAL A 12.30 0.01 -0.7 12.9 InvGloblFdA 92.86 1.92 3.4 6.2 ShtDurBnd 10.73 0.02 0.3 1.8 LgShInst 17.69 0.14 1.4 17.1 DiscGrA 16.74 0.16 2.7 29.6 FunIntlLgInst nr 10.33 0.10 -1.6 20.0 GNMAAdml n 9.19 -0.01 -1.5 -8.2 IdxIntl 18.34 0.23 -1.5 -0.1
DynaTech A 140.49 1.58 5.1 -1.7 MnStFndA 50.92 0.52 2.5 24.5 USRechEnhEq 37.97 0.47 2.9 37.0 StrIncInst 9.80 0.02 0.0 1.1 PioFdA 37.60 0.45 NA NA FunUSLgInst nr 24.60 0.35 1.4 40.1 GroIncAdml n 93.32 1.10 3.4 33.8 ITTresIdx Inst 24.67 0.02 -0.8 -9.6
EqIn A 29.58 0.45 0.8 27.3 MnStSmCpA p 26.72 0.07 0.0 16.9 JPMorgPrm: Neuberger Berman Inv: Pioneer Funds Y: InflProSel n 10.18 -0.02 -0.6 -4.1 GrwthAdml n 166.11 1.41 3.8 25.8 LTTresIdx Inst 25.05 -0.07 -4.9 -32.1
FoundFAlA 14.16 0.12 1.1 10.7 ModInvA 10.59 0.09 -0.4 -0.9 USEquity L 21.81 0.25 2.3 31.5 Genes n 59.81 0.07 -1.9 3.6 BondY 8.18 0.02 -1.1 -8.5 IntI Sel nr 22.47 0.35 -0.4 9.8 HltClxAd nr 127.62 -0.07 1.8 13.3 MdCpGrAdml n 93.82 0.46 -0.8 3.0
GrOp A 44.23 0.44 3.3 6.6 MunInA 11.94 0.01 -0.9 -4.5 Guard n 25.87 0.38 3.6 33.7 StratIncY p p 9.36 0.03 -0.9 -3.9 S&P Sel n 75.01 0.79 2.6 33.1 HlthCareAdml nr 88.41 -0.15 0.3 14.3 MdCpVlAdml n 74.42 0.77 -0.9 25.5
Growth A 125.86 1.31 2.6 18.2 RchHiYldMuniA 6.80 0.01 -1.1 -3.2 L LCVal n 41.19 0.37 -0.3 20.1 Price Funds: SmCp Sel nr 31.74 0.55 -2.4 -4.1 HYCorAdml nr 5.39 0.03 -0.1 5.3 SmValAdml n 76.55 1.19 -1.0 26.2
LwDuToRt A 8.91 0.01 0.3 1.7 RisingDivA 23.44 0.19 1.6 30.6 Neuberger Berman Tr: TSM Sel nr 82.65 0.89 2.1 26.1 InfProAd n 22.86 -0.05 -0.7 -4.4 TotBd2 9.45 0.00 -1.2 -10.5
Laudus Funds: 2050RetFd n 17.03 0.22 0.8 12.0
RisDv A 89.36 0.73 1.0 27.5 RochAMTFrMuni 6.90 0.01 -1.0 -3.2 GenesisFdR6 59.88 0.07 -1.9 4.4 USSmCoIdx nr 16.20 0.24 -2.1 22.5 InfTechIdx n 257.82 1.92 4.0 41.1 TotIntlInstIdx r 122.70 1.57 -1.5 0.2
Balnanced n 25.37 0.24 0.6 9.3
SmMCpGrA 35.04 0.23 -0.2 -10.2 RoMu A p 15.20 0.05 -1.4 -2.4 USLgCpGr nr 22.09 0.23 4.3 13.7 Nicholas Group: SEI Portfolios: IntlGrAdml n 100.84 2.07 -1.0 -28.2 TotItlInstPlId r 122.73 1.57 -1.5 0.2
BlChip n 156.66 2.24 4.9 10.7
StrInc A 8.26 0.00 -0.2 -1.6 SenFltRtA 6.67 -0.01 0.6 19.5 Lazard Instl: ITBondAdml n 10.22 0.01 -1.1 -10.7 TotSt 117.87 1.26 2.1 25.8
Nich n 89.52 0.31 3.4 42.8 Communica&Tech n 127.62 3.47 6.8 -5.2 CoreFxIn F 9.53 0.01 -1.3 -12.3
TtlRtn A 8.27 0.01 -0.9 -11.3 SP IncomeA 5.29 0.22 4.0 109.9 EmgMktEq 16.70 0.23 -2.7 2.4 ITIGradeAdml n 8.58 0.02 -0.9 -7.8 VANGUARD INSTL FDS:
Northern Funds: DivGro n 71.59 0.53 1.1 29.3 IntlEmg F 10.36 0.14 -3.4 -23.2
FrankTemp/Franklin C: Invesco Funds P: GlbLstInfr 15.29 0.17 0.1 34.2 EqInc n 33.74 0.44 0.2 30.0 ITsryAdml n 9.88 0.00 -0.8 -9.2 BalInst 44.95 0.32 0.8 10.7
BdIdx n 9.16 NA NA NA IntlEq F 11.52 0.20 -0.7 5.9
Summit P pn 23.78 0.34 5.1 3.7 IntStrtEq r 15.37 0.22 -0.7 1.8 EqIndex n 128.68 1.36 2.6 32.4 ITTresIdx n 19.88 0.02 -0.8 -9.7 DevMktsIndInst 15.25 0.21 -1.2 7.2
Income C 2.35 0.01 -0.4 16.6 EmMktsEqIdx nr 10.35 NA NA NA IntMuni F 11.07 0.01 -0.7 -3.0
Invesco Funds Y: Legg Mason I: GlbStk n 58.21 1.00 1.6 -0.3 LarCapAd n 113.12 1.17 2.6 29.8 DevMktsInxInst 23.83 0.32 -1.2 7.2
FrankTemp/Franklin R: HiYFxInc n 5.95 NA NA NA LgCapGr F 41.29 0.45 4.4 26.6
GlbTech n 16.59 0.28 5.9 -22.8 LTGradeAdml n 7.90 0.00 -2.5 -20.7 EmMkInst r 25.39 0.28 -2.3 -17.3
FrkDynTchR6 149.03 1.69 5.1 -0.6 DevMktY 37.16 0.36 -3.8 -28.6 IntlGrTrI 61.57 0.81 1.1 -7.1 IntlEqIdx nr 13.70 NA NA NA TaxMgdLC F 34.13 0.41 1.7 29.9
Growth n 90.44 1.31 4.4 5.5 LTsryAdml n 8.31 -0.03 -4.9 -32.1 ExtndInst 123.13 1.47 -1.2 -3.3
FrkGrthR6 126.86 1.34 2.6 19.4 DiscovY 103.70 0.19 0.2 -10.9 Longleaf Partners: IntTxExpt n 9.78 NA NA NA SmeadFds:
HelSci n 89.11 0.73 1.4 -1.1 MidCpAdml n 285.69 2.21 -0.8 13.9 FTAlWldIst r 109.26 1.42 -1.3 0.4
FrkIncR6 2.30 0.02 -0.4 19.6 EqWtdY 70.02 0.72 -0.2 26.4 Partners n 22.71 0.48 0.6 11.2 MidCpIdx n 19.81 NA NA NA SmeadValueInstl 76.51 1.20 0.4 48.8
InstFLRfd r 9.46 0.00 0.6 16.5 MuHYAdml n 10.58 0.01 -1.0 -2.3 FTScinst 33.54 0.28 3.0 28.0
FrkRisDivR6 89.24 0.74 1.1 28.8 GloblY 94.32 1.95 3.4 6.9 Loomis Sayles Fds: SmCpVal n 19.11 0.25 -1.9 20.1 SSgA Funds:
InstHiYld 7.80 0.04 -0.1 6.0 MuIntAdml n 13.62 0.00 -0.8 -1.3 GrwthInst 166.12 1.41 3.8 25.9
FrkSmCpGrR6 24.09 0.36 -0.5 -14.6 IntGrowY 35.34 0.70 -0.8 -4.5 StkIdx n 50.29 NA NA NA
LSBondI 11.55 0.04 -0.8 -3.2 LgCapGow I 69.09 1.08 5.0 17.9 SP500 n 231.30 2.43 2.6 32.6 MuLTAdml n 10.85 0.00 -1.1 -2.9 InPrSeIn 9.31 -0.02 -0.7 -4.3
FrankTemp/Mutual A&B: IntlSmCoY 41.11 0.63 -3.4 -14.6 Nuveen Cl A:
Lord Abbett A: InstLCCoreGr 62.88 0.90 4.9 11.3 MuLtdAdml n 10.80 0.00 -0.4 1.1 InstIdx 403.77 4.26 2.6 33.0
Shares A 24.40 0.31 1.0 23.3 Ivy Funds: T
Affiltd p 16.98 0.17 0.8 25.2 AAMunBd p 10.12 0.00 -0.8 -9.0 LgCpVal 22.45 0.28 0.0 27.7 MuShtAdml n 15.73 0.00 -0.1 3.2 InstPlus 403.76 4.25 2.6 33.1
FrankTemp/Temp A: AssetStrA p 20.46 0.24 1.4 14.9 HiYldMuBd p 14.61 0.04 -1.1 -5.2 NJLTAdml n 11.35 -0.01 -1.2 -2.0
BdDeb p 7.06 0.04 0.1 -4.5 InstSmCap 26.37 0.31 -1.0 -0.3 TCW Funds: InstTStIdx 84.08 0.90 2.1 26.3
Frgn A 7.69 0.14 -4.2 13.5 CoreEqA t 15.69 0.30 3.4 33.3 Nuveen Cl I: NYLTAdml n 10.85 0.01 -1.1 -2.7
CalibrDivGr 19.83 0.18 2.2 29.2 IntDis n 61.60 0.89 -2.2 -20.2 InstTStPlus 84.06 0.90 2.1 26.3
GlBond A 7.44 -0.03 -3.9 -12.0 LgCpGwthA p 30.89 0.35 3.7 35.0 EmMktInc n 6.32 0.01 -1.7 -12.8 PacifAdml n 87.84 -0.02 -1.7 -5.7
FloatRt p 8.14 0.00 0.6 15.5 HYMunBd 14.61 0.03 -1.1 -4.6 IntlStk n 18.92 0.26 -0.9 -5.1 ITBdInst 10.22 0.01 -1.1 -10.7
Growth A 25.28 0.19 -1.1 10.7 LgCpGwthl r 33.95 0.39 3.7 36.2 TotRetBondI n 7.93 0.01 -1.7 -14.6 PALTAdml n 10.79 0.00 -1.1 -2.7
HYMuniBd p 10.65 0.02 -0.6 -7.1 Nuveen Cl R: MCapVal n 31.52 0.57 1.0 37.7 LaCapInst 465.57 4.80 2.6 29.9
World A 15.24 0.19 1.6 11.4 MidCapI 30.05 0.06 -1.1 -6.7 Thornburg Fds: PrmcpAdml nr 158.62 0.92 1.5 27.4
IntrTxFr 10.20 0.00 -0.7 -4.0 IntDMunBd 8.83 0.01 -0.7 -2.2 MCEqGr 63.42 0.53 0.8 5.6 MidCpInst 63.11 0.49 -0.8 13.9
FrankTemp/Temp Adv: MdCpGwthA p 26.03 0.05 -1.1 -7.6 IncBuildA t 23.98 0.21 0.7 25.7 RealEstatAdml n 120.38 -0.63 -3.8 8.7
MultiAstBalOppty 11.06 0.08 1.2 2.6 LmtTrmR 10.86 0.01 -0.5 0.3 MidCap n 100.85 0.84 0.8 5.7 MidCpIstPl 311.25 2.41 -0.8 14.0
ScTechA p 48.57 1.08 5.9 9.5 IntVal I 25.08 0.32 0.3 0.5 S&PSC600Idx 390.28 5.98 -2.1 9.4
GlBondAdv 7.40 -0.03 -3.9 -11.4 ShtDurIncmA p 3.86 0.01 0.3 1.2 NAmer n 66.32 0.99 3.7 25.1 RealEstaInstl 18.63 -0.10 -3.8 8.8
ScTechI r 63.82 1.42 5.9 10.2 LtdTIncI 12.79 0.02 0.0 -1.7 SmCapAdml n 100.75 1.24 -1.4 6.7
Frost Family of Fund: TaxFr p 10.41 0.01 -1.0 -6.1 O NHoriz n 55.85 0.82 -0.7 -17.4 Rs1000GrwIdxInst623.68 5.43 4.0 29.7
Lord Abbett C: OverS SF nr 12.32 0.16 -1.2 5.4 LtdTMu I 13.58 0.00 -0.7 -1.4 SmGthAdml n 83.35 0.67 -1.9 -15.1 Rs1000Vl IdxInst284.25 3.48 0.4 26.7
FrTRInst 9.55 0.03 -0.3 5.5 J
Oakmark Funds Invest: QMUSSmCpGrEq n 40.65 0.27 -0.9 0.2 Thrivent Funds A: STBondAdml n 10.07 0.00 -0.1 -2.1 Russ1000IdxInst429.90 4.43 2.3 28.8
ShtDurIncmC t 3.88 0.00 0.3 -0.6
G Janus Henderson: EqtyInc nr 33.71 0.46 -0.1 20.8 SpectModerGwAllo n 37.02 0.42 0.7 6.0 LgCpStk 26.14 0.31 1.2 16.6 STCorpIx n 21.07 0.05 0.1 -0.3 SmCapInst 100.75 1.24 -1.4 6.8
Lord Abbett F:
Oakmark n 133.89 3.05 1.0 50.4 R2010 n 14.56 0.10 0.1 3.8 MidCapStk 28.70 0.26 -0.7 16.2 STFedAdml n 10.08 0.02 0.1 -2.0 SmCapIstPl 290.80 3.59 -1.4 6.8
Balanced C 42.53 0.39 2.0 11.3 ShtDurIncm 3.86 0.01 0.3 1.8
GE Elfun/S&S: OakmrkInt n 26.10 0.67 -2.8 4.7 R2015 n 12.03 0.09 0.1 4.6 Thrivent Funds S: STIGradeAdml n 10.21 0.01 0.1 -0.3 SmGthInst 66.75 0.54 -1.9 -15.1
Balanced T n 43.19 0.41 2.1 14.0 Lord Abbett I:
Trusts n 79.82 1.14 4.3 36.7 Select n 70.10 2.00 -0.4 45.3 R2020 n 17.81 0.14 0.2 5.2 LgCpVal n 27.99 0.42 0.8 39.7 STIPSIxAdm n 23.85 0.02 0.2 6.6 SmValInst 42.79 0.67 -1.0 26.3
Enterprise T n 130.02 1.34 0.7 15.5 BdDebentr 7.02 0.04 0.1 -3.9
GMO Trust Class III: Old Westbury Fds: R2025 n 15.74 0.14 0.2 6.1 MidCapStk n 33.98 0.31 -0.6 17.0 STsryAdml n 9.85 0.00 0.0 -2.0 STBdIdxInstPl 10.07 0.00 -0.1 -2.0
GlLifeSci T nr 70.09 0.16 2.0 10.7 FloatRt 8.15 0.00 0.6 16.2
AlCpCore n 23.67 0.31 2.6 26.4 R2030 n 24.01 0.24 0.3 7.4 TIAA-CREF/Instl Cl: STTresIdx n 19.46 0.02 0.1 -0.4 STBDInst 10.07 0.00 -0.1 -2.1
EmgCntryDt 18.45 NA NA NA GlTech T nr 54.97 0.70 6.3 16.4 HiYld 6.33 0.03 0.2 0.8
CreditIncomeFd n 7.98 0.02 -1.6 -9.8 R2035 n 19.35 0.22 0.5 9.0 TotBdAdml n 9.57 0.01 -1.2 -10.3 STCorpIxInst p 25.79 0.05 0.1 -0.2
Quality 29.79 0.37 3.7 41.4 Grw&Inc T n 70.75 0.78 2.6 30.6 ShtDurInc p 3.85 0.00 0.3 1.8 CoreBond Inst 9.07 0.01 -0.9 -9.2
FixInc pn 10.11 0.01 -0.8 -6.3 R2040 n 27.81 0.34 0.7 10.3 TotIntBdIdxAdm n 19.51 0.03 -1.1 -8.1 STIGradeInst 10.21 0.01 0.1 -0.2
GMO Trust Class VI: Resh T n 69.70 1.12 5.8 25.4 CorePlsBd 9.10 0.01 -0.9 -8.1
LrgCpStr n 17.72 0.24 2.1 8.3 Ret2045 n 20.07 0.26 0.8 11.6 TotIntlAdmIdx nr 30.68 0.39 -1.5 0.1 STIPSIxins 23.87 0.02 0.2 6.6
Quality 29.79 0.37 3.7 41.8 Jensen I : M TIAA-CREF/Retail Cl: TotStAdml n 117.89 1.26 2.1 26.1
MuniBd pn 11.57 0.01 -0.7 -2.9 Ret2055 n 17.86 0.24 0.8 11.9 STTresIdx 24.45 0.03 0.1 -0.3
Goldman Sachs Inst: Jensen I 60.14 0.35 1.8 29.3 RetBal Inc n 12.75 0.07 0.0 3.7 EqIdx n 35.06 0.37 2.1 25.6 TxMBal nr 41.51 0.23 0.8 13.4
MainStay Fds A: Sm&MdCapStrategi n 15.16 0.16 -1.7 -14.2 TotBdInst 9.57 0.01 -1.2 -10.3
EmgMktEq 20.97 NA NA NA JensenQualGrJ n: SciTec n 42.55 0.44 5.9 6.5 Gro&Inc n 22.99 0.31 4.2 30.0 TxMCapAdml n 252.79 2.62 2.3 29.6
HiYldBdA 5.16 0.02 0.0 6.7 Optimum Funds Inst: TotBdInst2 9.45 0.00 -1.2 -10.3
HYMuni 9.06 0.01 -0.8 -4.0 JensenQualGrJ n 60.22 0.34 1.8 28.5 Sht-Bd n 4.56 0.00 0.2 0.2 LrgCpGro n 24.38 0.20 3.8 15.2 TxMIn nr 15.22 0.20 -1.2 7.1 TotBdInstPl 9.57 0.01 -1.2 -10.3
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Muni 15.22 0.02 -0.6 -1.1 JHF III DispVal: LgCpGrA p 9.46 0.13 5.2 26.6 Fixed Inc 8.11 0.02 -1.1 -11.1 TIAA/CREF Funds: TxMSC nr 86.09 1.32 -2.1 9.7
SmCap n 50.98 0.51 -1.9 8.1 TotIntBdIdxInst29.28 0.04 -1.1 -8.0
Guggenheim Funds Tru: TxFrBdA 9.39 0.00 -1.0 -4.4 LgCpGrwth 20.83 0.18 4.0 11.0 USGroAdml n 152.50 2.31 4.0 -0.9
DispVal 23.60 0.43 1.5 38.4 SmCapStk n 57.44 0.68 -1.0 -0.4 BdIdxInst 9.55 0.01 -1.1 -10.6 TotStInst 117.91 1.26 2.1 26.2
Mairs&Power: LgCpVal 17.64 0.18 0.9 30.3 UtilIxAd nr 66.34 0.28 -3.6 5.0
MacOppFdClInstl 24.27 0.07 0.3 2.8 DispVal I 22.52 0.42 1.6 39.5 SpecGr n 23.53 0.31 1.2 16.8 EqIdxInst 34.37 0.36 2.1 26.6 TtlWrldIxInst p 211.56 2.42 0.7 15.3
MairsPwrGr n 150.34 1.57 2.2 29.7 Osterweis Strat Income: SpecInc n 11.18 0.03 -0.8 -2.0 ValAdml n 58.95 0.74 1.1 34.1
TotRtnBdFdClInst 23.53 0.03 -0.9 -9.8 DispValMCI 27.21 0.30 -0.6 34.2 Gr&IncInst 13.57 0.18 4.2 31.0 TxMCaInst r 125.60 1.31 2.3 29.8
GuideStone Funds: DispValMdCp 25.82 0.28 -0.7 33.1 Mass Mutual: OsterweisStrInc n 11.01 0.05 0.6 11.7 SuMuInt n 11.35 0.00 -0.7 -2.2 IntlEqIdxInst 21.78 0.34 -0.4 9.9 WdsrllAdml n 77.21 1.19 1.5 33.8 ValueInst 58.95 0.74 1.1 34.1
EqindxGS2 49.90 NA NA NA DispValMdCpR6 27.20 0.30 -0.6 34.6 SelBluChipGroClI20.70 0.27 4.2 19.7 TF Incom n 10.80 0.02 -0.6 -3.8 IntlEqIdxRet 22.35 0.34 -0.4 9.1 WellsIAdml n 59.90 0.26 -0.9 4.8 Victory Funds:
PQ TotIndex n 52.20 0.57 2.2 26.2 WelltnAdml n 72.02 0.52 0.9 16.5
MedDurGS2 12.71 NA NA NA DispValR6 22.58 0.42 1.6 39.9 MassMutual Select: IntlEqInst 13.02 0.14 0.2 5.0
EstValA 46.46 0.58 0.2 36.7
JHITFunLgCpCorFd: MCGrEqIII 19.93 0.13 0.7 3.3 U.S.EqResch n 47.98 0.56 3.1 36.1 LC2040Inst 10.24 0.09 0.7 11.0 WndsrAdml n 72.34 1.06 -0.1 39.0
Parnassus Fds: EstValI 46.51 0.58 0.2 38.0
H FunLgCpCorA 63.56 0.69 1.8 25.8 Metropolitan West:
USLrgCpCore n 37.00 0.63 3.8 33.9 LCIdx2020Inst 18.53 0.11 0.0 3.7 VANGUARD FDS:
ParnEqFd n 56.47 0.41 2.5 31.0 SmCoOppI 47.37 0.72 -2.1 22.0
Value n 42.54 0.71 1.4 26.2 LCIdx2025Inst 20.62 0.14 0.0 5.1 CAIT n 11.37 0.00 -0.7 -1.5
John Hancock: TotRetBd n 9.04 0.01 -1.5 -12.1 Pear Tree: Victory Port:
Harbor Funds: Price Funds - Adv Cl: LCIdx2035Inst 24.73 0.21 0.3 8.9 CapOp nr 78.28 0.65 0.8 17.9
500Index1 51.16 0.54 2.6 31.9 TotRetBdI 9.04 0.01 -1.3 -11.6 ForeignVal I r 22.85 0.56 -0.6 6.4 Market Neutral I 8.72 -0.04 -0.1 11.0
CapApInst 101.63 1.35 5.3 13.8 Growth p 87.12 1.26 4.4 4.6 LCIdx2040Inst 26.55 0.26 0.5 11.5 DivdGro n 37.61 0.09 1.1 32.1
BondI 13.42 0.02 -1.0 -9.7 TRBdPlan 8.47 0.00 NA NA Perm Port Funds: SSfnd 47.27 0.72 -2.2 22.1
IntlInst 43.83 0.71 -0.6 7.1 R2030A p 23.69 0.23 0.3 6.6 LCIdx2045Inst 27.71 0.29 0.6 13.3 DivrEq n 44.81 0.59 2.0 18.7
BondR6 13.44 0.01 -1.0 -9.4 UnconstrBdI 10.29 NA NA NA Permanent n 50.73 0.21 -1.0 14.5 VsycamoreFnd 46.54 0.59 0.3 38.2
SmCpValInst 37.76 0.22 -2.1 11.0 R2040A p 27.45 0.34 0.6 9.5 LrgCpGrIdxInst 53.90 0.47 4.0 29.7 Energy nr 45.35 0.98 -2.5 61.2
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

IntlGrwI 24.82 0.15 0.6 -13.1 MFS Funds: PGIM Funds Cl A: Victory Portfolios I:
Harding Loevner: Price Funds - R Cl: LrgCpGrInst 24.52 0.21 3.8 16.1 EqInc n 40.20 0.45 0.0 32.2
John Hancock Class 1: IIE 32.85 0.49 -0.3 15.1 500Indx Reward n 62.29 0.64 2.6 30.8
IntlEq 25.23 0.16 -2.8 -6.3 HighYield 4.70 0.02 -0.4 3.2 R2030R p 23.35 0.23 0.3 5.8 LrgCpVl IdxInst 23.13 0.28 0.4 26.9 Explr n 110.20 1.05 -0.8 0.5
BlueChipGrw 49.93 0.72 4.9 11.0 MFS Funds Class A: JennGrowth 53.88 0.75 5.3 12.6 LrgCpVl IdxRet 23.63 0.29 0.4 25.9 FTAlWldInAdml n 34.46 0.44 -1.3 0.3 CrnstModAggr n 25.81 0.22 0.2 5.7
Hartford Funds A: R2040R p 27.13 0.34 0.6 8.7
LSAggr 13.13 0.16 0.2 8.0 AgGrAIA 27.98 0.31 0.4 13.1 JennUtility 12.49 0.02 -3.6 5.1 PRIMECAP Odyssey Fds: LrgCpVl Inst 20.17 0.22 1.0 34.7 GlbCapCyl Inv nr 11.80 0.07 -3.8 30.7 Gr&Inc n 23.93 0.27 2.8 27.2
BalIncA 14.16 0.08 -1.0 6.7 LSBalncd 12.44 0.09 -0.2 4.1 CoEqyA 46.42 0.48 2.1 27.2 TotalReturnBond p 11.95 NA NA NA QuantSmCpEqInst 17.42 0.31 -1.0 13.9 GlbEq n 32.80 0.63 0.5 4.6 Grwth n 33.13 0.36 3.7 20.2
CapAppA 39.82 0.42 2.1 14.1 LSGwth 12.88 0.13 0.0 6.6 AggGrowth r nr 42.25 0.41 -1.5 -6.7
GrowthA 166.62 2.60 5.6 20.4 PGIM Funds Cl Z: RealSecInst 16.98 -0.15 -3.6 5.0 GloMinVolFdAdm n 28.96 0.11 2.8 15.6 Inco n 11.38 0.02 -0.6 -7.5
DiscpEqA 47.13 0.71 3.5 23.8 LSModer 11.66 0.07 -0.3 2.1 Growth r nr 36.58 0.31 -0.4 14.0
IntlVA 37.17 0.66 -0.5 -1.3 S&P500IdxInst 53.41 0.56 2.6 33.0 GNMA n 9.19 -0.01 -1.5 -8.5 IncStk n 18.55 0.22 1.1 34.3
DivGth A 33.05 0.42 0.9 34.9 HighYield 4.71 0.02 -0.4 4.0 Stock r nr 35.40 0.33 0.9 30.0
John Hancock Funds A: MCapA 27.06 0.08 1.2 -0.2 S&P500IdxRet 53.02 0.56 2.6 32.0 GroInc n 57.19 0.67 3.4 33.4 IntmTerm n 12.51 -0.01 -0.7 -2.3
EqInc 19.76 0.17 -1.1 30.0 JennGrowth 61.71 0.86 5.3 13.6 Principal Investors:
BalA 26.57 0.33 1.5 13.9 MCapValA 29.56 0.24 -0.9 29.2 SmCpBl IdxInst 22.17 0.38 -2.4 -3.9 HlthCare nr 209.68 -0.35 0.3 14.2 LgTerm n 11.95 -0.05 -1.6 -5.1
GrOppty 44.15 0.54 5.0 -2.0 TotalReturnBond 11.91 NA NA NA HiYld IN 8.20 0.00 0.2 5.3
BondA p 13.42 0.02 -1.1 -10.4 MIGA 40.19 0.51 2.1 28.2 SocChEqInst 26.16 0.24 1.6 25.0 HYCor nr 5.39 0.03 -0.2 4.9 Nasdaq100 n 43.57 0.27 3.5 30.5
MidCap A 25.26 0.17 0.0 -8.5 PIMCO Fds Instl: InfPro IN 7.62 -0.02 -0.5 -4.9
LifeBal 12.58 0.10 -0.2 3.1 MITA 35.22 0.48 2.6 27.2 Tortoise Capital: InflaPro n 11.64 -0.03 -0.8 -4.7 ntTerBd n 9.13 0.01 -0.7 -6.4
Hartford Funds C: AllAsset 10.92 0.06 -0.8 6.5 LgIndxI 23.91 0.25 2.6 32.4
LifeGrw 12.98 0.13 0.0 5.5 MuHiA 7.23 0.00 -0.8 -5.9 IntlExplr n 16.51 0.22 -3.1 -13.2 S&PIdx n 62.24 0.64 2.6 30.4
Bal IncC 13.90 0.07 -1.1 4.2 CommodtyRR 13.04 0.28 0.7 30.2 LT2020 In 12.00 0.08 0.0 3.8 TorMLPPipInsCl 14.40 0.44 1.3 85.5
John Hancock Instl: MuInA 8.12 0.00 -1.0 -4.1 IntlGr n 31.71 0.65 -1.0 -28.5 TarRet2040 n 12.15 0.12 0.7 12.7
Hartford Funds I: DivInc 9.46 0.03 -0.7 -4.7 LT2030In 13.49 0.11 0.1 6.5 Touchstone Funds Gro:
StratIncmOppI 9.92 0.02 -0.8 -3.0 ResBdA 9.44 0.01 -1.0 -9.3 IntlVal n 39.80 0.49 -1.4 7.6 VicAggFnd n 55.08 0.48 4.8 16.5
BalIncI 14.16 0.07 -1.0 7.4 HiYld 7.95 0.04 -0.1 4.4 LT2040I 15.29 0.16 0.5 10.2 MdCpY 51.57 0.26 -1.1 20.0 SustWld n 26.95 0.35 1.2 17.2
JPMorgan A Class: RschA 54.62 0.54 2.4 27.6 LT2050I 16.05 0.19 0.7 12.8 ITIGrade n 8.58 0.02 -0.9 -8.1
DivGthI 32.83 0.41 0.9 35.9 HiYldMuniBd 8.38 0.01 -0.9 -2.1 Touchstone Strategic: CorePlus INSTL 9.13 0.01 -0.7 -6.3
CoreBond 10.20 0.01 -1.0 -9.6 TotRA 18.98 0.09 -0.7 11.7 MidCpBldA 37.21 0.32 1.3 23.9 LifeCon n 20.28 0.10 -0.4 -0.1
EmrgMktEqInv 15.11 0.13 -3.3 -28.3 IntlBdUSH 9.78 0.02 -0.7 -3.7 LagCapFoc A p 60.81 0.76 2.7 28.8 Income Fund INST 11.37 0.02 -0.6 -7.4
CorePlusBd p 7.19 0.02 -1.0 -9.0 UtilA 19.85 -0.06 -5.1 5.1 PreSecI 8.94 0.06 1.8 -0.4 LifeGro n 41.56 0.39 0.3 9.8
EqIncI 19.58 0.17 -1.1 30.9 InvGrdCrBd 8.89 0.02 -0.8 -9.9 Transamerica A: IntlFd INSTL 25.69 0.41 -0.7 9.9
EqInc p 22.59 0.30 0.4 26.7 ValueA 47.55 0.35 0.6 26.7 LgTrmCrdtBd 8.90 0.01 -2.3 -20.1 PtrLGI In 18.05 0.22 3.8 15.4 LifeInc n 15.04 0.04 -0.9 -5.1
InterValue 17.36 0.29 -1.6 33.4 MFS Funds Class I: AsAlModGr p 12.11 0.11 0.7 4.4 LifeMod n 30.42 0.22 -0.1 4.8 Short-Term INSTL 8.93 0.02 0.4 4.6
GwthAdv p 31.92 0.41 4.2 18.6 LngDurTotRtrn 7.14 0.00 -3.3 -24.7 PtrLV In 18.17 0.25 0.9 28.8
IntlAlphaInv 16.64 0.24 -0.1 1.6 Trust for Professional Ma: LTIGrade n 7.90 0.00 -2.5 -20.9 Virtus Equity Trust:
Inv Bal p 15.09 0.12 0.4 6.6 GrowthI 181.71 2.84 5.6 21.3 LowDur 9.20 0.01 0.3 -0.6 RealEstSecI 26.77 -0.27 -3.7 12.2
StrInc 7.72 0.03 -0.1 -4.1 PrfTrtStrtBd Ins 19.52 0.05 -0.7 -5.8 MATxEx n 10.12 -0.01 -1.2 -3.8 SmCapSusI 32.54 0.32 -2.0 -17.5
InvCon p 12.13 0.06 -0.1 0.9 MCapI 29.20 0.08 1.2 0.5 LowDurInc r 7.97 0.04 0.7 5.7 SAMBalA p 15.47 0.13 0.8 8.4
Hartford HLS Fds IA: Tweedy Browne Fds: MidCpGro pn 23.24 0.07 -0.1 -6.1 VirtusFunds:
InvG&I p 18.05 0.17 0.7 10.7 MCapValI 30.48 0.25 -0.9 30.1 ModDur 9.20 0.01 -0.3 -4.8 SAMGrA p 18.09 0.19 1.3 13.2
Balanced 29.01 0.25 0.9 18.5 InvGrwt p 22.90 0.26 1.1 15.3 MIGI 41.91 0.53 2.1 29.1 Putnam Funds Class A: GblValue n 27.57 0.50 0.8 18.3 MuHY n 10.58 0.01 -1.0 -2.5 CeredexMdCpVlEqI 11.70 0.06 -0.8 19.6
MortgOppBd 9.34 0.01 -0.1 1.1
CapApp 46.82 0.42 1.7 17.3 LgCpGwth p 61.67 0.98 5.4 19.7 ResBdI 9.44 0.02 -1.0 -8.9 MuInt n 13.62 0.00 -0.8 -1.5 VirtusFunds Cl I:
RealRtnI 9.98 -0.03 -0.4 -4.2 DynAABalA 15.43 0.12 1.4 11.5
DiscEqui 19.51 0.30 3.4 25.1 MdCpGrw p 37.73 0.28 0.7 -3.6 RschI 56.56 0.56 2.4 28.6 ShortT 9.60 0.00 0.5 6.4 DynAAGthA 18.44 0.18 1.8 15.6 U OHLTte n 11.60 0.00 -1.3 -4.4 MulSStI 4.48 0.01 0.3 2.2
Div&Grwth 22.84 0.29 0.9 36.4 USEquity 21.65 0.24 2.3 30.0 ValueI 47.89 0.36 0.6 27.7 Primcp nr 153.14 0.89 1.5 27.2 SmCpCorI 51.12 0.18 -1.8 34.0
ShtAssetInv 9.91 0.00 0.5 6.6 PutLargCap p 31.29 0.39 1.4 39.3
TotRetBd 9.47 0.02 -1.0 -9.6 Morgan Stanley Inst: UM Funds: PrmcpCor n 32.20 0.29 1.4 29.2
ValAdv t 35.60 0.60 1.1 32.6 StksPLS 11.84 0.13 2.7 27.7 GeorgePutBal 23.33 0.21 1.7 15.0 Vivaldi Merger:
JPMorgan I Class: TotRetESG 7.59 0.01 -0.8 -12.2 GlbHlthCare p 58.86 -0.06 2.0 21.9 BehavVal 79.50 1.70 -0.3 42.8 SelValu nr 28.97 0.51 0.2 44.8
I CapGrI 36.66 0.19 -4.6 -44.9 Arbitrage Fund 10.67 0.00 0.4 8.1
TotRt 8.55 0.01 -0.9 -10.0 GrOpp p p 56.97 0.44 4.5 25.1 STAR n 26.86 0.25 0.0 3.0
CoreBond 10.20 0.02 -1.0 -8.8 CapGrP p 32.83 0.17 -4.6 -45.4 V Voya Fds:
TrndsMgdFutStrgy 10.61 -0.05 -1.3 20.2 StDurInc 10.09 NA NA NA STIGrade n 10.21 0.01 0.0 -0.6
IFP US Equity Fund: CorePlusBd 7.19 0.02 -1.0 -8.2 GloFranI t 35.15 0.38 2.3 21.0 InmdBdI 8.67 0.01 -0.9 -9.7
PIMCO Funds A: SustainLdrsFd p 112.22 1.45 3.6 20.9 StratgcEq n 34.26 0.43 -0.3 28.7
IFP US EquityFd 18.41 NA NA NA EmMktEq I 28.73 0.25 -2.7 -35.0 MorganStanleyPathway: VALIC:
Putnam Funds Class Y: StrSmCpEqInv n 36.94 0.62 -1.3 27.2
Invesco Fds Investor: EqInc 23.06 0.30 0.3 27.7 CoreFxIcm n 6.83 0.00 -1.6 -12.1 IncomeFd 10.58 0.04 0.0 1.9 IntlEq 7.97 0.11 -0.6 8.1 WXYZ
TgtRe2020 n 26.79 0.14 -0.3 2.6
GrAdv r 33.86 0.44 4.2 19.5 LgCapEq n 22.41 0.25 2.2 23.6 LowDurInc 7.97 0.04 0.7 4.4 GrOpp Y 61.11 0.48 4.5 26.0 MidCpIdx 25.72 0.21 -0.6 17.9
DivrsDiv n 17.62 0.16 0.1 25.8 TgtRe2025 n 18.35 0.12 -0.2 4.2 Wasatch:
LgCapVal 18.84 0.29 0.1 34.1 Munder Funds: TotRetA 8.55 0.01 -0.9 -10.9 PutLargCap 31.30 0.39 1.4 40.4 SciTech 26.08 0.28 5.8 8.5
Invesco Funds A: TgtRe2030 n 35.47 0.27 0.0 5.9
LgCpGwth 63.39 1.01 5.4 20.6 MndrIntlSmCpInv r 14.30 0.19 -1.4 -3.5 PIMCO Funds C: StDurInc 10.10 NA NA NA StckIdx 52.49 0.55 2.6 31.9 CoreGr n 84.79 0.51 -1.7 4.1
500InxA 51.58 0.54 2.6 31.0 TgtRe2035 n 22.16 0.19 0.2 7.9
MdCpGrw 46.98 0.34 0.8 -2.8 Mutual Series: IncomeFd 10.58 0.04 0.0 -0.4 ValUltra 13.77 0.22 4.7 17.2 WCM Focus Funds:
ActiveAllA 13.05 0.12 -0.2 1.0 R TgtRe2040 n 39.41 0.36 0.3 9.9
MdCpVal 35.27 0.35 0.0 28.2 PIMCO Funds I2: VANGUARD ADMIRAL: WCMFocIntlGrwIns 23.22 0.29 2.0 -4.0
CapApprA p 67.71 0.76 5.3 19.1 BeacnZ 15.84 0.21 1.6 18.8 TgtRe2045 n 26.77 0.26 0.4 11.8
MtgBckd 10.08 0.01 -0.9 -6.2 ComPLUSStrtgyFd 6.68 NA NA NA Western Asset:
Chart 17.35 0.19 2.2 23.1 GlbDiscA 29.78 0.27 0.5 33.3 Royce Funds: 400MCpIdxInst372.49 3.09 -0.6 19.0 TgtRe2050 n 44.66 0.47 0.5 12.6
ShtDurBnd 10.73 0.02 0.3 1.6 Income 10.58 0.04 0.0 2.8 CoreBondI 10.61 NA NA NA
CmstA 27.55 0.38 0.8 47.5 GlbDiscz 30.69 0.28 0.5 34.3 PAMut I nr 9.04 0.11 -1.5 19.0 500Adml n 451.49 4.76 2.6 33.0 TgtRe2060 n 45.91 0.48 0.5 12.7
SmCap 53.25 0.14 -1.5 2.8 IntlBdUSH 9.78 0.02 -0.7 -3.9 TgtRet2055 n 49.83 0.52 0.5 12.6 CoreBondIS 10.63 NA NA NA
DevMktA 37.85 0.36 -3.8 -29.2 QuestZ 13.79 0.20 0.7 14.1 Russell Funds S: BalAdml n 44.94 0.31 0.8 10.7
USEquity 21.75 0.25 2.4 30.9 InvstGrCrBd 8.89 0.02 -0.9 -10.2 TgtRetInc n 12.96 0.05 -0.5 0.4 CorePlusBdA 9.36 NA NA NA
DiscFdA p 83.88 0.14 0.1 -11.5 SharesZ 24.78 0.31 1.0 24.2 StratBd 9.20 0.01 -1.2 -12.7 CAITAdml n 11.37 0.00 -0.7 -1.3
ValAdv 35.90 0.61 1.1 33.6 LowDurInc 7.97 0.04 0.7 5.4 USGro n 58.87 0.89 4.0 -1.2 CorePlusBdI 9.37 NA NA NA
DisMdCpGrA 23.83 0.06 1.3 -8.1 TaxExBd 21.98 0.01 -0.6 -1.1 CALTAdml n 11.44 0.00 -1.0 -2.6
JPMorgan Inst Class: N ShtTm 9.60 0.00 0.5 6.1 WellsI n 24.73 0.11 -0.9 4.6 CorePlusBdIS 9.37 NA NA NA
DivIncm p 24.57 0.19 0.0 24.6 TxMngUSLgCp 72.35 0.93 2.7 27.6 CapOpAdml nr 180.64 1.51 0.8 18.1
DivrsDiv p 17.62 0.15 0.0 25.4 ValAdv L 35.93 0.61 1.1 34.1 TotRt 8.55 0.01 -0.9 -10.2 DivAppIdxAdm n 46.96 0.28 1.6 29.7 Welltn n 41.71 0.30 0.8 16.2 ManagedMuniA 14.95 NA NA NA
JPMorgan L Class: Natixis Funds: Rydex Investor Class:
EqIncA 10.11 0.10 0.3 18.4 PIMCO Funds Instl: EMAdmr n 33.39 0.37 -2.3 -17.5 Wndsr n 21.46 0.31 -0.1 38.6 SMAShCrPlCp n 6.13 0.00 -2.6 -24.9
MdCpVal L 35.96 0.36 0.1 28.8 InvGradeBdY 9.85 0.03 -0.7 -4.9 NasdaqInv n 73.29 0.43 3.5 27.3 WndsrII n 43.53 0.67 1.5 33.5 SmashSerM n 7.80 NA NA NA
EqWtdA p 68.91 0.69 -0.2 25.4 ComPLUSStrtgyFd 6.79 NA NA NA EnergyAd nr 58.80 2.79 0.3 135.7
GblStrIncmA p 3.13 0.01 -0.3 -7.2 JPMorgan R Class: LSGrowthY 24.00 0.25 3.3 32.3 DynamicBd 9.79 0.03 0.5 0.3 S EnergyAdml nr 85.08 1.83 -2.5 61.6 VANGUARD INDEX FDS: Wm Blair Funds Cl I:
GlbOppA p 48.23 0.57 -5.1 -39.4 CoreBond 10.21 0.01 -1.0 -8.5 Neuberger Berman Fds: IncomeFd 10.58 0.04 0.0 3.1 EqIncAdml n 84.25 0.95 0.0 32.5 500 451.53 4.75 2.6 32.6 SmMidI r 28.05 0.13 -0.8 -6.2
January 29, 2024 BARRON’S 49

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

DJ Half-Hourly Averages Trading Diary


The Dow Jones Averages Dow Jones 30 Industrial (divisor: 0.15172752595384)
Daily
Open (t)
Open (a)
10:00
Jan 22
37949.41
37919.55
38078.06
23
37941.17
37959.79
37922.81
24
38032.75
37975.37
37978.16
25
37890.29
37862.57
37976.93
26
38007.80
38006.68
38084.41
Market Advance/Decline Volumes
Daily
NY Up
NY Off
Jan 22 23 24
633,052 494,686 336,330 684,369 459,962
371,146 344,248 554,755 224,505 266,278
NY Up - Comp. 2,660,770 2,351,646 1,780,798 2,918,763 2,084,769
25 26

NY Off - Comp. 1,561,792 1,485,601 2,439,611 1,063,038 1,161,969


10:30 38094.76 37936.88 37952.40 37991.96 38128.42
NYSE Amer UP 6,045 5,094 3,481 5,233 5,449
Industrials 11:00
11:30
38039.06
38019.07
37858.65
37818.47
37996.69
38039.66
37856.03
37912.92
38194.10
38168.51
NYSE Amer Off
NASD Up
6,098 3,655 7,641 5,117 2,777
3,960,070 3,559,480 1,850,851 3,485,463 2,432,091
38370 12:00 38008.40 37835.06 38040.50 37901.63 38174.64 NASD Off 1,451,285 1,574,549 3,086,818 1,729,613 1,997,568
12:30 37993.61 37831.11 38025.79 37838.39 38155.17 NYSE Arca UP 177,640 188,217 207,247 232,013 146,481
Week's
Components Change 1:00 37992.00 37863.99 38046.69 37831.76 38061.30 NYSE Arca Off 148,631 103,550 163,427 99,783 118,961
1:30 37921.11 37858.72 37968.33 37840.68 38097.65 % (QCHA) +.99 +.16 –.29 +.83 +.27
3M -11.77 2:00 37981.10 37895.60 37936.96 37850.09 38056.05 % (QACH) +.52 +.41 +.68 +.01 +.12
American Express 18.26 37460 2:30 37972.21 37872.75 37883.49 37888.72 38073.06 % (QCHAQ) +1.61 +.73 –.18 +.82 +.55
Amgen 3.96 3:00 37980.16 37906.73 37898.90 37908.03 38126.38 Market Advance/Decline Totals
Apple 0.86 3:30 38007.89 37909.05 37851.50 37917.76 38092.63 NYSE NYSE
Boeing -9.55 Close 38001.81 37905.45 37806.39 38049.13 38109.43 Weekly Comp. NYSE Amer Nasdaq Arca
Caterpillar 14.15 36550 High (t) 38335.89 38194.22 38269.75 38290.51 38399.00 Total Issues 2,974 332 4,798 2,116
Chevron 6.90 Low (t) 37679.68 37629.07 37668.71 37560.75 37785.50 Advances 2,135 188 2,981 1,689
Cisco Systems 0.87 Declines 797 131 1,697 380
High (a) 38109.20 37980.73 38064.22 38057.53 38215.31
Coca-Cola -0.46 Unchanged 42 13 120 47
Low (a) 37911.61 37804.99 37795.71 37796.47 37997.77 New Highs 364 10 485 509
Disney 2.30 Change +138.01 –96.36 –99.06 +242.74 +60.30
Dow 1.25 35640 New Lows 71 26 353 109
Goldman Sachs -4.41 Week ended last Friday compared to previous Friday
Theoretical (t): High 38399.00 Low 37560.75
Home Depot -7.11 Actual (a): High 38215.31 Low 37795.71 NYSE Composite Daily Breadth
Honeywell International 1.02 Daily Jan 22 23 24 25 26
IBM 15.94 34730 Issues Traded 2,921 2,906 2,903 2,912 2,919
Intel -4.50 Dow Jones 20 Transport (divisor: 0.16279857124321) Advances 2,164 1,355 1,242 2,205 1,614
Johnson & Johnson -2.18 Open (t) 15761.50 16025.69 15987.30 15941.42 15940.37 Declines 678 1,434 1,557 632 1,185
JPMorgan Chase 1.97 Open (a) 15646.97 16011.86 15965.98 15925.36 15956.06 Unchanged 79 117 104 75 120
McDonald's -8.27 10:00 15878.04 16019.18 15944.44 15983.25 15905.45 New Highs 180 92 141 122 143
Merck 1.93 33820 New Lows 35 8 11 21 12
10:30 15889.90 15970.16 15870.94 15972.81 15821.17
Microsoft 5.26 Blocks - primary 4,327 4,217 4,295 4,287 3,698
11:00 15871.67 15867.32 15932.72 15861.15 15871.30
Nike Cl B 0.97 Total (000) - primary 1,014,724 850,989 908,975 918,138 748,874
11:30 15862.18 15896.09 15927.25 15867.34 15846.71 Total (000) 4,297,611 3,912,801 4,330,036 4,020,437 3,353,402
Procter & Gamble 8.57
12:00 15890.22 15891.52 15929.65 15878.97 15823.13
Salesforce -0.94 32910 12:30 15876.91 15900.02 15920.44 15883.96 15811.28
NYSE American Composite
Travelers -0.24 Daily Jan 22 23 24 25 26
1:00 15883.53 15881.87 15907.50 15914.44 15812.90
UnitedHealth Group -0.36
1:30 15895.50 15896.68 15906.23 15907.45 15826.23 Issues Traded 311 303 314 308 301
Verizon Communications 3.07 Advances 167 160 148 162 146
2:00 15898.95 15900.94 15833.46 15878.07 15829.36
Visa Cl A -2.96 Declines 134 125 153 129 131
Walgreens Boots Alliance 0.85 32000 2:30 15892.46 15924.87 15807.09 15854.72 15855.39
Unchanged 10 18 13 17 24
Walmart 1.89 August September October November December January 3:00 15910.58 15910.59 15793.14 15878.88 15894.32
New Highs 5 4 3 1 2
3:30 15903.49 15932.20 15777.38 15877.55 15892.71 New Lows 11 5 7 7 6
Close 15937.03 15892.65 15755.42 15952.78 15901.12 Blocks - primary 147 141 136 138 116
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

High (t) 16021.98 16095.20 16034.82 16103.70 16037.12 Total (000) - primary 12,274 9,079 11,696 10,520 8,480
Transportation Low (t)
High (a)
15697.04 15808.77 15722.01 15757.20
15950.74 16073.41 15984.80 16035.72
15736.07
15999.37
Total (000)
Nasdaq
174,883 138,960 194,293 141,166 136,694

16855 Low (a) 15646.97 15839.54 15739.97 15813.47 15802.24


Daily Jan 22 23 24 25 26
Week's Change +344.69 –44.38 –137.23 +197.36 –51.66
Components Change Issues Traded 4,456 4,424 4,415 4,419 4,394
16460 Theoretical (t): High 16103.70 Low 15697.04 Advances 3,016 2,048 1,790 2,621 2,147
Alaska Air Group 1.93 Actual (a): High 16073.41 Low 15646.97 Declines 1,286 2,175 2,471 1,587 2,042
American Airlines Group 1.47 Unchanged 154 201 154 211 205
Avis Budget Group 10.00
16065 New Highs 282 141 246 136 137
CH Robinson Worldwide 1.14 Dow Jones 15 Utilities (divisor: 1.19780346554510) New Lows 156 96 101 132 75
Blocks - primary 41,735 40,002 35,050 33,961 30,049
CSX 0.84 15670 Open (t) 852.74 848.49 854.99 843.07 850.72 Total (000) 5,456,241 5,207,686 4,983,219 5,281,577 4,510,531
Delta Air Lines 2.35
Open (a) 852.51 848.34 854.01 842.65 850.89
Expeditors Intl of Wash 2.50 NYSE Arca Composite
15275 10:00 858.18 849.49 851.08 841.73 850.15
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FedEx 5.02 Daily Jan 22 23 24 25 26


10:30 853.71 848.46 844.81 840.99 850.17
JB Hunt Transport 7.70 Issues Traded 1,912 1,890 1,923 1,891 1,891
11:00 852.13 846.24 840.11 839.07 851.96
JetBlue Airways 0.54 14880 Advances 1,420 976 922 1,514 1,087
Kirby Corp 1.96 11:30 850.58 844.76 840.05 838.93 850.20
Declines 465 876 969 356 751
Landstar System 3.83 12:00 846.28 848.11 837.95 841.36 851.60
Unchanged 27 38 32 21 53
Matson -5.20 14485 12:30 848.99 848.90 836.69 839.61 850.29 New Highs 335 158 359 162 222
Norfolk Southern 0.21 1:00 847.75 848.91 835.99 839.90 849.10 New Lows 85 7 23 11 11
Old Dominion Freight Line 5.44 1:30 847.29 847.94 835.19 843.24 848.77 Blocks - primary 1,554 1,513 2,100 1,796 1,389
14090 2:00 846.90 848.24 833.45 844.59 848.80 Total (000) - primary 327,355 293,953 372,885 334,875 268,284
Ryder System 3.18
Southwest Airlines 0.10 2:30 847.68 848.59 836.85 847.23 848.07 Total (000) 1,718,381 1,502,211 1,908,562 1,849,697 1,440,595
13695 3:00 849.13 848.09 836.57 843.93 847.72
Union Pacific
United Airlines
1.12
3.73 3:30
Close
850.49 849.48
848.97 849.19
834.83
834.09
844.72
848.60
848.97
849.68
Other Market Indexes
United Parcel Service B 2.41 Daily 1/22 1/23 1/24 1/25 1/26
13300 High (t) 859.41 853.67 856.00 851.22 855.07
August September October November December January Low (t) 843.97 842.60 831.58 835.28 845.35 NYSE Amer Comp4424.90 4420.97 4456.68 4482.91 4532.33
High (a) 858.91 853.03 855.45 848.79 853.66 AmMajorMkt 3399.55 3391.99 3384.55 3415.01 3426.03

Utilities Low (a)


Change
845.28 844.50
–3.57 +.22
832.77
–15.10
836.96
+14.51
847.17
+1.08
BNY ADR Idx
Europe
163.22 164.05 166.13 166.88
158.60 158.65 160.68 161.77
167.62
163.05
1015 Latin Am 211.11 214.26 213.97 216.87 219.74
Theoretical (t): High 859.41 Low 831.58 Asia 188.24 190.17 192.98 192.90 192.46
Week's
Change Actual (a): High 858.91 Low 832.77 Emerg M 301.98 306.83 310.73 312.33 313.59
Components
DJ US TSM Float48415.31 48519.70 48505.93 48757.47 48743.00
AES 0.26 Nasdaq Cmp 15360.29 15425.94 15481.92 15510.50 15455.36
American Elec Power 0.14 960 100 Index 17330.38 17404.21 17499.30 17516.99 17421.01
Dow Jones 65 Composite (divisor: 0.76432218033595)
American Water Works -2.14 Indus. 9229.84 9270.98 9262.94 9200.64 9249.93
Open (t) 12226.96 12274.93 12295.12 12238.39 12273.49 Insur. 13095.40 13086.72 13131.63 13107.08 13136.88
Atmos Energy 0.62
Open (a) 12196.28 12275.45 12277.66 12228.82 12276.87 Banks 3747.21 3706.04 3733.40 3712.55 3739.55
Consolidated Edison 0.16
10:00 12295.84 12262.15 12254.86 12274.73 12270.60 Computer 13683.08 13754.73 13872.77 13925.87 13804.98
Dominion Energy 0.24
Duke Energy 0.31 905 10:30 12286.26 12251.92 12235.57 12256.81 12277.03 Telecom 419.38 421.14 417.09 423.42 426.01
11:00 12267.91 12221.66 12249.86 12199.85 12298.57 NYSE Comp.-z 16779.49 16800.86 16769.25 16889.52 16949.11
Edison International -0.79
11:30 12264.57 12218.42 12260.94 12227.31 12284.82 Financial-z 9814.45 9802.90 9831.19 9894.98 9918.64
Exelon -0.03 Health Care-z24795.98 24763.40 24576.51 24490.24 24693.99
FirstEnergy -0.63 12:00 12262.22 12226.43 12260.81 12225.71 12288.97
Energy-z 12692.15 12732.53 12880.40 13129.64 13248.65
NextEra Energy 1.22 12:30 12257.64 12219.60 12246.36 12215.94 12280.75
850 1:00 12254.58 12231.33 12257.27 12215.91 12255.75
Russell 1000 2662.05 2668.53 2668.69 2682.35 2681.43
Public Svc Enterprise -0.88 2000 1983.38 1976.27 1961.87 1975.88 1978.33
Sempra -1.97 1:30 12235.75 12232.70 12225.72 12212.64 12267.51 3000 2784.57 2790.47 2789.57 2804.14 2803.40
Southern 0.16 2:00 12260.11 12243.77 12209.31 12217.08 12259.17 Value-v 1619.96 1623.29 1616.70 1632.75 1634.07
Xcel Energy -0.09 2:30 12253.33 12236.32 12193.28 12233.67 12267.62 Growth-v 3152.81 3161.48 3172.33 3176.17 3172.06
795 3:00 12262.57 12246.59 12196.95 12234.45 12284.53 MidCap 3089.95 3085.17 3064.26 3090.49 3091.30
3:30 12269.86 12247.37 12175.82 12235.92 12276.19 S&P 100 Index 2291.29 2301.18 2308.80 2317.67 2316.32
Close 12268.84 12240.60 12168.04 12281.01 12283.67 500 4850.43 4864.60 4868.55 4894.16 4890.97
High (t) 12369.62 12348.09 12353.87 12365.17 12378.57 Ind. 6973.52 6997.22 7006.10 7037.06 7028.93
Low (t) 12145.94 12157.54 12129.66 12121.52 12177.42 MidCap 2771.77 2761.00 2744.11 2759.99 2763.77
740 High (a) 12295.94 12297.10 12295.42 12283.29 12308.78 SmallCap 1294.64 1287.50 1278.63 1287.85 1290.07
August September October November December January Low (a) 12196.28 12214.76 12164.74 12192.05 12247.08 Value Line(A) 9849.64 9848.00 9781.38 9870.74 9886.24
Value Line(G) 582.01 581.81 577.77 582.91 583.74
Note: Theoretical highs and lows are shown. A red chart indicates a lower price than the starting period. Green means it's higher than the starting period. Change +95.23 –28.24 –72.56 +112.97 +2.66
DJ US Small TSM13775.26 13722.19 13611.93 13698.27 13722.67
Theoretical (t): High 12378.57 Low 12121.52 (A)-Arithmetic Index. (G)-Geometric Index.
Actual (a): High 12308.78 Low 12164.74 (v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec. 31,2002=5000.
50 BARRON’S January 29, 2024

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

The Week In Stocks For the Major Indexes


12-Month Weekly Friday Weekly 12-Month Change From
Indexes’ P/Es & Yields
DJ latest 52-week earnings and dividends adjusted by Dow Divisors
Stock Volume
at Friday's close. S&P Dec. 4-quarter's GAAP earnings as reported Last Week Prev. Week Year Ago YOY % Chg
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/29 % Chg. and indicated dividends based on Friday close.S&P 500 P/E ratios
based on GAAP earnings as reported. For additional earnings NYSE(a) 4,441,699 3,788,090 3,704,948 19.89
Dow Jones Indexes series, please refer to www.spglobal.com. DJ latest available book 30 Dow Inds (b) 1,810,907 1,390,113 1,767,278 2.47
38109.43 31819.14 30 Indus 38109.43 37806.39 38109.43 245.63 0.65 4131.35 12.16 419.89 1.11 values for FY 2022 and 2021, and S&P latest for 2022 and 2021. r- 20 Dow Trans (b) 736,921 626,505 498,397 47.86
16695.32 13444.01 20 Transp 15952.78 15755.42 15901.12 308.78 1.98 1417.79 9.79 2.27 0.01 Revised data 15 Dow Utils (b) 331,770 251,107 243,605 36.19
976.42 783.08 15 Utilities 849.68 834.09 849.68 –2.86 –0.34 –118.14 –12.21 –31.99 –3.63 65 Dow Stks (b) 2,879,598 2,267,725 2,509,281 14.76
NYSE American (a) 52,049 65,563 60,757 -14.33
12283.67 10596.53 65 Comp 12283.67 12168.04 12283.67 110.06 0.90 925.43 8.15 33.70 0.28 Last Week Prev. Week Last Year Nasdaq(d) 25,439,254 22,760,339 29,130,958 -12.67
Dow Jones Indexes
48757.47 38697.55 US TSM Float 48757.47 48415.31 48743.00 519.03 1.08 7677.60 18.70 955.53 2.00 DJ Ind Avg 38109.43 37863.80 33978.08 NYSE 15 Most Active
1194.23 942.79 US Market 1194.23 1185.15 1193.78 12.35 1.05 195.39 19.57 26.06 2.23 P/E Ratio 26.23 25.42 22.47 Average Price 18.61 23.43 15.28 21.79
Earns Yield % 3.81 3.93 4.45 % Tot Vol 16.58 16.13 13.24 25.23
892.37 599.40 Internet 892.37 878.73 892.37 18.70 2.14 248.81 38.66 40.88 4.80 Stock Offerings $(z,v) 4,104,400 r3,003,300 1,614,500 154.22
New York Stock Exchange Earns $ 1453.13 1489.78 1512.25
Divs Yield % 1.89 1.94 2.03
16949.11 14599.05 Comp-z 16949.11 16769.25 16949.11 219.55 1.31 986.52 6.18 96.21 0.57 Daily Stock Volume 1/22 1/23 1/24 1/25 1/26
Divs $ 719.63 734.66 689.02
9932.54 8121.52 Financial-z 9918.64 9802.90 9918.64 152.30 1.56 538.39 5.74 36.86 0.37 NYSE(a) 1,014,724 850,989 908,975 918,138 748,874
Mkt to Book 4.97 4.94 4.57
25021.40 21487.16 Health Care-z 24795.98 24490.24 24693.99 4.64 0.02 1783.52 7.78 526.85 2.18 30 Inds (b) 342,501.9 337,320.3 339,417.2 402,976.7 388,690.9
Book Value $ 7664.40 7664.40 7439.45 20 Trans (b) 126,923.3 152,616.2 116,944.7 211,648.1 128,788.7
14159.04 11549.36 Energy-z 13248.65 12692.15 13248.65 568.91 4.49 –308.04 –2.27 –10.89 –0.08
DJ Trans Avg 15901.12 15592.34 14483.33 15 Utils (b) 59,439.6 65,365.1 72,754.5 75,672.4 58,538.4
NYSE American Stock Exchange
P/E Ratio 15.00 14.54 11.09 65 Stks (b) 528,864.8 555,301.6 529,116.3 690,297.1 576,018.0
4685.93 3871.21 NYSE Amer Comp 4532.33 4420.97 4532.33 104.77 2.37 188.45 4.34 –61.99 –1.35 Earns Yield % 6.67 6.88 9.02 NYSE Amer(a) 12,274 9,079 11,696 10,520 8,480
3426.03 2895.39 Major Mkt 3426.03 3384.55 3426.03 32.31 0.95 363.81 11.88 37.94 1.12 Earns $ 1060.08 1072.61 1306.11 Nasd(d) 5,456,241 5,207,686 4,983,219 5,281,577 4,510,531
Standard & Poor's Indexes Divs Yield % 1.38 1.40 1.35 NYSE 15 Most Active
2317.67 1739.04 100 Index 2317.67 2291.29 2316.32 26.23 1.15 499.08 27.46 80.13 3.58 Divs $ 218.98 218.98 194.81 Avg. Price 21.41 25.16 18.58 28.19 21.44
4894.16 3855.76 500 Index 4894.16 4850.43 4890.97 51.16 1.06 820.41 20.15 121.14 2.54 Mkt to Book 4.52 4.44 4.51 % Tot Vol 18.30 18.17 20.17 15.69 14.82
7037.06 5403.96 Indus 7037.06 6973.52 7028.93 68.09 0.98 1381.75 24.47 199.97 2.93 Book Value $ 3514.52 3514.52 3214.72 Numbers in thousands save price and percentages. (a) Primary volume. (b) Composite volume. (d) as of 4:10 pm.
2809.23 2326.82 MidCap 2771.77 2744.11 2763.77 22.81 0.83 144.30 5.51 –17.77 –0.64 DJ Utility Avg 849.68 852.54 967.82 (r) Revised. (v) W/E Thursday. (z) Source: LSEG.
1339.63 1068.80 SmallCap 1294.64 1278.63 1290.07 19.73 1.55 41.48 3.32 –28.19 –2.14 P/E Ratio 19.91 19.93 22.86
Nasdaq Stock Market Earns Yield % 5.02 5.02 4.38
15510.50 11138.89 Comp 15510.50 15360.29 15455.36 144.40 0.94 3833.65 32.99 444.01 2.96 Earns $ 42.68 42.78 42.35
17516.99 11830.28
9649.15 7720.51
100 Index
Indus
17516.99
9270.98
17330.38
9200.64
17421.01
9249.93
107.01
17.79
0.62
0.19
5254.41
952.88
43.19
11.48
595.08
–223.77
3.54
–2.36
Divs Yield %
Divs $
3.65
31.04
3.64
31.03
3.05
29.52
NYSE HALF-HOURLY VOLUME
13136.88 10885.14 Insur 13136.88 13086.72 13136.88 100.13 0.77 1008.33 8.31 534.37 4.24 Mkt to Book 1.89 1.89 2.22 Daily 1/22 1/23 1/24 1/25 1/26
4373.48 2658.90 Banks 3747.21 3706.04 3739.55 80.52 2.20 –397.29 –9.60 –35.56 –0.94 Book Value $ 450.45 450.45 435.47
13925.87 8540.36 Computer 13925.87 13683.08 13804.98 166.48 1.22 5053.53 57.75 808.75 6.22 S&P 500 Index 4890.97 4839.81 4070.56 9:30-10:00 115,166 103,382 104,001 98,539 81,195
427.98 375.79 Telecom 426.01 417.09 426.01 8.39 2.01 24.48 6.10 8.91 2.14 P/E Ratio 26.55 26.27 21.76 10:00-10:30 47,311 40,019 41,518 39,904 34,943
Russell Indexes Earns Yield % 3.77 3.81 4.60 10:30-11:00 39,277 35,743 36,817 36,305 29,842
2682.35 2115.51 1000 2682.35 2662.05 2681.43 27.44 1.03 440.77 19.67 59.29 2.26 Earns $ 184.25 184.25 187.08
11:00-11:30 31,228 32,074 29,869 30,407 26,240
2066.21 1636.94 2000 1983.38 1961.87 1978.33 33.94 1.75 66.88 3.50 –48.74 –2.40 Divs Yield % 1.47 1.49 1.68
Divs $ 71.90 72.11 68.39 11:30-12:00 27,167 27,552 25,409 25,801 22,592
2804.14 2225.42 3000 2804.14 2784.57 2803.40 29.69 1.07 441.55 18.69 55.19 2.01
1635.31 1415.59 Value-v 1634.07 1616.70 1634.07 19.82 1.23 67.44 4.30 4.65 0.29 Mkt to Book 4.77 4.72 4.04 12:00-12:30 23,209 24,210 24,248 25,815 21,025
3176.17 2253.13 Growth-v 3176.17 3152.81 3172.06 27.52 0.88 835.16 35.74 120.38 3.94 Book Value $ 1024.56 1024.56 1008.02 12:30-1:00 21,974 21,730 23,819 22,254 22,743
3132.19 2594.10 MidCap 3091.30 3064.26 3091.30 28.63 0.93 187.22 6.45 –20.58 –0.66 S&P Ind Index 7028.93 6960.84 5647.18
1:00-1:30 24,143 21,290 27,968 26,994 20,146
Others P/E Ratio 30.04 29.75 22.73
Earns Yield % 3.33 3.36 4.40 1:30-2:00 22,061 22,412 25,483 23,449 19,899
10099.26 8310.43 Value Line-a 9886.24 9781.38 9886.24 156.63 1.61 550.32 5.89 –131.92 –1.32
Earns $ 233.96 233.96 248.47 2:00-2:30 24,309 23,405 26,647 27,074 20,118
606.49 498.09 Value Line-g 583.74 577.77 583.74 8.71 1.51 –0.84 –0.14 –10.13 –1.71
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

14277.68 11320.09 DJ US Small TSM 13775.26 13611.93 13722.67 184.04 1.36 558.72 4.24 –329.80 –2.35 Divs Yield % 1.29 1.31 1.52 2:30-3:00 23,960 26,010 27,941 27,674 22,529
1033.47 829.11 Barron's Future Focus 1026.67 1017.12 1026.67 10.46 1.03 133.16 14.90 –1.69 –0.16 Divs $ 90.67 91.19 85.84 3:00-3:30 34,495 33,897 36,011 33,494 27,866
Mkt to Book 6.41 6.35 5.42
1084.21 881.58 Barron's 400 1073.61 1065.82 1072.48 12.38 1.17 79.40 8.00 0.08 0.01 3:30-4:00 580,425 439,264 479,244 500,427 399,738
Book Value $ 1095.83 1095.83 1042.07
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec. 31,1965=50 z-Dec. 31,2002=5000

Selected IPOs
U.S. Dollar Index vs Euro and Yen Per Share Values of Stocks ArriVent Biopharma
Ticker
AVBP
Initial Offer Price
18.00
IPO Date
1/26
Recent Price
20.00
%Chg
11.1%
BrightSpring Health Services BTSG 13.00 1/26 11.00 -15.4%
Green Refuge: The greenback has risen over 2% in January, as conflicts widen around the world and the
Fed seems in no rush to reduce interest rates. Measuring the dollar against six other currencies, the ICE In the Dow Jones Averages Haoxi Health Technology
CG Oncology
HAO
CGON
4.00
19.00
1/26
1/25
5.28
35.03
32.0%
84.4%
U.S. Dollar Index edged up 0.2% over the week, to 103.47. This is a list of the Dow Jones trailing 52-week diluted share Planet Image YIBO 4.00 1/25 2.72 -32.0%
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

earnings, dividends and book values as reported by the company. J-Long Group JL 5.00 1/24 10.05 101.0%
10 Bolded numbers indicate new values. Sources Barron's Stats and
SU Group SUGP 4.00 1/24 3.52 -12.0%
FactSet.
Industrial Stocks
DXY (103.47)
s 5 Book Book
Investor Sentiment Readings New Listings
Earns Divs. Value Earns Divs. Value
NYSE
Am Exp 11.21 2.40 33.26 Johnson&John 6.16 4.70 29.39 High bullish readings in the Consensus stock index or in the Market
0 Vane stock index usually are signs of Market tops; low ones, market None
Amgen 14.07 8.52 6.86 JPMorgChase 16.22 4.10 90.29 bottoms.
Apple 6.12 0.95 3.18 McDonalds 11.36 6.23 (8.06) Last Week 2 Weeks Ago 3 Weeks Ago NYSE American
Boeing (4.70) Nil (26.58) Merck Co 1.80 2.96 18.12
s None
-5 Caterpillar 17.65 5.10 30.73 Microsoft 10.33 2.79 27.75 Consensus Index
EURO in $ Chevron Corp 13.47 6.04 83.17 Nike Inc 3.42 1.39 9.14 Nasdaq
s Cisco Sys 3.31 1.55 9.68 Proc Gam 5.97 3.7628 19.46 Consensus Bullish Sentiment 76% 76% 75%
YEN in $ Coca Cola 2.49 1.84 5.57 3M Co (12.63) 6.00 26.80 ArriVent BioPharma (AVBP)
-10 Disney Walt 1.28 Nil 52.09 Salesforce.com 2.63 0.00 57.84 AAII Index BrightSpring Health (BTSG)
Dow 0.82 2.80 29.39 Travelers Cos 12.79 3.93 92.89 CG Oncology (CGON)
Goldman Sachs 22.82 10.50 317.90 UnitedHealthGrp 23.84 7.29 83.27 Bullish 39.3% 40.4% 48.6% Core Scientific (CORZ)
-15 Home Depot 15.58 8.36 1.54 Verizon 2.76 2.635 21.70
Bearish 26.1 26.8 24.2 Haoxi Health Tech (HAO)
Honeywell 8.07 4.17 24.99 Visa 8.35 1.87 16.08 J-Long (JL)
F M A M J J A S O N D J IBM 8.15 6.63 24.22 Walgreens 0.66 1.92 29.23 Neutral 34.6 32.9 27.2 Planet Image (YIBO)
Intel 0.63 0.74 24.52 Wal-mart 6.03 2.28 28.48 SU Group (SUGP)
Source: Tullett Prebon Market Vane
Transportation Stocks
Bullish Consensus 62% 59% 59% Trading
Coming U.S. Auctions 144 Filings
AlaskaAirGroup 1.81
AmericanAirlines 1.10
Nil 29.92
Nil (8.91)
Kirby Corp 3.00
Landstar Sys 8.33
Nil 50.79
1.26 24.70
TIM Group Market Sentiment
Suspended
AvisBudgetGrp 45.61 Nil (18.03) Matson Inc 8.70 1.26 63.28 Indicator 49.8% 40.6% 47.8% NYSE
C.H. Robinson 3.25 2.44 11.64 Norf Southern 9.12 5.40 55.83 EngageSmart (ESMT)
Yields (%) SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to Sources: Consensus Inc.; American Association of Spirit Realty Capital (SRC)
CSX Corp 1.84 0.44 6.11 Old Dominion 11.24 1.60 33.14
Monday When Issued* Last Auction sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale.
(Sometimes shares aren't sold, even though their owner has filed a Form144.) Source: Thomson Delta Air Lines 7.15 0.20 10.26 Ryder Sys 10.17 2.71 63.45 Individual Investors; Market Vane; TIM Group Nasdaq
$79.0 bil 3-month 5.357 5.225 Reuters Expeditors Int'l 5.29 1.38 20.15 Southwest Air 0.75 0.72 17.99 Global Systems Dyn (GSD)
$70.0 bil 6-month 5.212 5.020 FedEx 16.88 4.93 103.86 Un Pacific 10.46 5.20 19.86 Mirati Therapeutics (MRTX)
* As of Friday afternoon. Shares Sale Hunt (JB) 6.97 1.68 35.34 UPS 9.88 6.48 23.04 Orchard Therapeutics (ORTX)
Company Sym Indicated $ Value Date Seller Title JetBlue Air (0.56) Nil 10.90 United Airlines 7.88 Nil 21.09
Arms Index Name
Distributions & Offerings Kb Home
Msc Industrial Direct
KBH 333,000 19,780,200 1/23/24
MSM 250,000 24,107,500 1/22/24
Mezger, Jeffrey
Jacobson, Mitchell DO
OD
The Arms index, also known as the short term trading index,
Secondary Distributions of common stocks
Draftkings DKNG 200,000 7,611,000 1/22/24 Robins, Jason OD
Utility Stocks
is a number derived by dividing one quotient into another
quotient. The numerator in the index is the number of
advancing stocks divided by the number of declining stocks.
Changes
Adicet Bio 40,825,000 $2.40 $97,979,155 Airbnb ABNB 153,848 21,785,301 1/23/24 Chesky, Brian OD AES Corp. (0.35) 0.6702 2.39 Exelon 2.14 1.44 24.89 NYSE
As of 3/14/11, the denominator in the index is now the
Akoustis Technologies 20,000,000 $0.50 $10,000,000 Am Elec 4.36 3.37 46.50 FirstEnergy 0.95 1.56 17.77 composite volume of advancing stocks divided by the DNOW (DNOW), formerly
Kb Home KBH 115,000 6,831,000 1/23/24 Kaminski, Jeff O composite volume of declining stocks.
Aptose Biosciences 4,912,280 $1.71 $8,399,999 AmericanWaterWorks 1.66 2.7775 42.30 NextEra Energy 3.61 1.87 19.74 NOW
BRP 2,000,000 $91.00 $135,376,376 Uber Technologies UBER 107,107 6,961,955 1/19/24 Chai, Nelson O Atmos Energy 6.13 3.025 66.85 Xcel Energy 3.21 2.08 30.34 Daily 1/22 1/23 1/24 1/25 1/26 Nasdaq
Core & Main 19,782,087 $41.50 $820,956,611 Procter & Gamble PG 101,704 15,048,632 1/24/24 Pritchard, Marc O Con Ed 6.77 3.24 58.27 Pub Sv Ent 5.61 2.28 27.62 Psyence Biomedical (PBM),
Sagimet Biosciences 9,000,000 $12.50 $112,500,000 Westamerica Bancorp WABC 100,000 5,163,000 1/22/24 Payne, David O DominionEnergy 1.96 2.67 31.26 Sempra Energy 4.34 2.38 83.43 formerly Newcourt Acquisition
NYSE 1.87 .60 1.09 1.27 .76
Tourmaline Bio 4,615,384 $32.50 $149,999,980 Duke Energy 1.57 4.06 61.51 Southn Co. 2.78 2.78 27.67 (NCAC)
Hartford Financial Services HIG 94,807 8,214,717 1/24/24 Swift, Christopher OD NYSE American .98 1.07 2.02 1.22 .42
Edison Int'l 3.22 2.9925 35.70 Sound Group (SOGP), formerly
Source: Dealogic LLC, New York City; (212) 577-4400. Kb Home KBH 76,348 4,580,117 1/23/24 Kaminski, Jeff O Nasdaq .86 .42 1.21 .82 .86 Lizhi
January 29, 2024 BARRON’S 51

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Dow Jones U.S. Total Market Industry Groups CBOE Put / Call Ratio Foreign Exchange
Foreign
Currency
Foreign
Currency
U.S. $ in
Foreign
U.S. $ in
Foreign

Net Change % Change and Ranking 52 Week


vs. S&P 100 Country
in U.S.$
Fri.
in U.S.$
Last Fri.
Currency
Fri.
Currency
Last Fri.
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Readings in the CBOE equity put-call ratio of 60:100 and in the Argentina (Peso)-y .0012 .0012 823.5500 819.7500
S&P 100 of 125:100 are considered bullish, for instance. Bearish Australia (Dollar) .6573 .6597 1.5214 1.5158
Aluminum DJUSAL 104.57 + 11.10 –11.58 +11.88 [1] –41.26 [137] –9.97 [133] +18.15 189.67 79.97 signals flash when the equity put-call level reaches the vicinity of
30:100 and the index ratio hits 75:100. Bahrain (Dinar) 2.6529 2.6532 .3770 .3769
Specialty Retailers DJUSRS 2732.37 + 214.11 208.33 +8.50 [2] +17.85 [33] +8.25 [6] +2.07 2,732.37 2,074.76
Brazil (Real) .2034 .2028 4.9167 4.9315
Oil Equipment & Svcs DJUSOI 296.91 + 16.51 –3.03 +5.89 [3] –6.91 [113] –1.01 [81] +25.79 347.74 240.26
Bulgaria (Lev) .5550 .5571 1.8017 1.7949
Airlines DJUSAR 150.67 + 8.14 2.03 +5.71 [4] –10.51 [116] +1.36 [47] –5.82 197.51 116.42 S&P 100 CBOE Canada (Dollar) .7431 .7446 1.3458 1.3430
Integrated Oil & Gas DJUSOL 706.09 + 37.29 11.09 +5.58 [5] –15.67 [131] +1.60 [44] +26.43 817.16 667.50
Chile (Peso) .001084 .001098 922.45 910.65
Oil & Gas Producers DJUSOG 816.64 + 40.55 4.90 +5.23 [6] –11.06 [119] +.60 [58] +29.50 908.05 751.24 13.25 0.90 China (Renminbi) .1397 .1393 7.1558 7.1782
Computer Services DJUSDV 232.80 + 11.53 19.68 +5.21 [7] +29.25 [15] +9.24 [2] +9.04 235.41 163.63 Colombia (Peso) .0002557 .0002552 3910.50 3918.60
Exploration & Production DJUSOS 1025.20 + 47.43 –4.53 +4.85 [8] –5.71 [110] –.44 [70] +33.36 1,119.89 864.62 Commercial rate .04380 .04396 22.832 22.746
Specialty Finance DJUSSP 574.22 + 25.58 41.81 +4.66 [9] +17.24 [36] +7.85 [7] +13.11 574.22 440.24 Denmark (Krone) .1456 .1461 6.8681 6.8430
Mobile Telecom DJUSWC 355.25 + 15.50 28.19 +4.56 [10] +6.82 [68] +8.62 [4] –4.50 355.38 273.15 10.65 0.80 Ecuador (US Dollar) 1.0000 1.0000 1.0000 1.0000
Nondurable Hshld Pdts DJUSHN 1220.38 + 52.76 62.04 +4.52 [11] +11.78 [48] +5.36 [15] +4.52 1,220.38 1,063.96 Egypt (Pound)-y .0324 .0324 30.9033 30.8971
Durable Hshld Pdts DJUSHD 146.34 + 6.22 –2.70 +4.44 [12] –13.78 [129] –1.81 [90] –21.54 185.20 119.87 Hong Kong (Dollar) .1280 .1279 7.8154 7.8182
Oil Equip, Svcs & Distri DJUSOQ 393.46 + 15.60 –3.07 +4.13 [13] –1.66 [96] –.77 [77] +19.73 421.14 322.01 Hungary (Forint) .002800 .002854 357.13 350.39
Commercial Vehicles DJUSHR 4132.75 + 163.34 30.96 +4.12 [14] +7.44 [66] +.75 [56] +12.14 4,154.35 3,153.24
8.05 0.70
Iceland (Krona) .007309 .007319 136.82 136.63
Fixed Line Telecom DJUSFC 102.68 + 3.93 2.81 +3.98 [15] –13.60 [128] +2.81 [30] –8.82 121.06 78.61 India (Rupee) .01203 .01203 83.121 83.148
Auto Parts DJUSAT 454.01 + 17.28 –14.62 +3.96 [16] –12.14 [124] –3.12 [107] –7.05 568.96 410.59 Indonesia (Rupiah) .0000634 .0000640 15776 15619
Brdcst & Entertainment DJUSBC 1184.37 + 44.26 40.64 +3.88 [17] –4.36 [106] +3.55 [22] –14.61 1,275.45 1,017.92 5.45 0.60 Israel (Shekel) .2713 .2671 3.6865 3.7438
Media DJUSME 833.91 + 29.20 22.39 +3.63 [18] –1.33 [95] +2.76 [31] –13.31 877.88 713.56 Japan (Yen) .006749 .006750 148.16 148.15
Internet DJUSNS 3808.63 + 124.69 311.84 +3.38 [19] +73.68 [2] +8.92 [3] +9.77 3,808.63 2,116.03 Kazakhstan (Tenge) .002219 .002222 450.62 450.06
Steel DJUSST 621.99 + 20.13 –5.15 +3.34 [20] +5.96 [71] –.82 [79] +40.65 639.04 462.90 Kuwait (Dinar) 3.2508 3.2491 .3076 .3078
2.85 0.50 Macau ( Pataca) .1242 .1241 8.0530 8.0565
Net Change % Change and Ranking 52 Week Malaysia (Ringgit)-b .2115 .2120 4.7275 4.7175
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Floating rate .0583 .0585 17.1602 17.0826
New Zealand (Dollar) .6083 .6119 1.6439 1.6343
Semiconductor DJUSSC 12542.05 + 3.40 1,159.29 +.03 [99] +82.62 [1] +10.18 [1] +23.23 12,860.01 6,641.73 0.25 0.40 Norway (Krone) .0959 .0953 10.4289 10.4886
Internet DJUSNS 3808.63 + 124.69 311.84 +3.38 [19] +73.68 [2] +8.92 [3] +9.77 3,808.63 2,116.03 F M A M J J A S O N D J Oman (Rial) 2.5974 2.5976 .3850 .3850
Software & Computer Svcs DJUSSV 5966.57 + 121.44 400.72 +2.08 [40] +61.54 [3] +7.20 [8] +11.87 5,975.85 3,624.35 Pakistan (Rupee) .00358 .00357 279.625 279.775
Software DJUSSW 6593.37 + 80.24 384.82 +1.23 [61] +58.06 [4] +6.20 [10] +13.48 6,608.88 4,098.73 Source: CBOE Philippines (Peso) .01775 .01786 56.325 55.990
Travel & Tourism DJUSTT 1012.42 + 6.86 32.11 +.68 [82] +57.39 [5] +3.28 [25] +8.87 1,012.42 637.93 Poland (Zloty) .2485 .2502 4.0241 3.9971
Home Construction DJUSHB 2320.39 – 103.51 –59.33 –4.27 [134] +56.02 [6] –2.49 [97] +21.58 2,478.44 1,431.71 Qatar (Rial) .2744 .2744 3.6439 3.6442
Technology Hardware & Equip DJUSTQ 5464.96 + 18.48 287.90 +.34 [89] +53.94 [7] +5.56 [14] +16.29 5,556.79 3,486.09 Saudi Arabia (Riyal) .2667 .2666 3.7502 3.7507
Broadline Retailers
Industrial Suppliers
DJUSRB
DJUSDS
3338.72
746.09
+ 57.46
+ 11.95
126.78
19.53
+1.75
+1.63
[48]
[51]
+49.72
+40.77
[8]
[9]
+3.95
+2.69
[19]
[32]
–.49
+20.11
3,338.72
753.53
2,065.91
531.95 Conference Call Calendar Singapore (Dollar)
South Africa (Rand)
.7455
.0532
.7454 1.3413 1.3416
.0526 18.7853 19.0293
Recreational Svcs DJUSRQ 99.08 – 3.22 –6.65 –3.15 [133] +34.06 [10] –6.29 [129] +5.39 106.66 65.02 Earnings- South Korea (Won) .0007478 .0007496 1337.33 1334.11
Computer Hardware DJUSCR 9620.93 + 61.17 38.90 +.64 [84] +33.53 [11] +.41 [61] +10.69 9,840.88 7,156.24 Related Sri Lanka (Rupee) .0031 .0031 317.7700 320.6100
Company Date Time Period Sweden (Krona) .0957 .0955 10.4474 10.4672
General Retailers DJUSGT 2474.22 + 49.51 89.94 +2.04 [42] +31.83 [12] +3.77 [20] +1.84 2,474.22 1,734.09
Bldg Materials & Fixtures DJUSBD 1867.04 + 2.02 –20.75 +.11 [93] +30.66 [13] –1.10 [84] +12.13 1,896.89 1,340.93 A O Smith Corp January 30 10:00AM Q4 Switzerland (Franc) 1.1573 1.1519 .8641 .8681
Retail DJUSRT 2226.52 + 42.17 78.05 +1.93 [46] +29.89 [14] +3.63 [21] +3.01 2,226.52 1,589.05 Abbvie Inc February 2 9:00AM Q4 Taiwan (Dollar) .03196 .03185 31.288 31.399
Advanced Micro Devices Inc January 30 5:00PM Q4 Thailand (Baht) .02805 .02815 35.650 35.520
Computer Services DJUSDV 232.80 + 11.53 19.68 +5.21 [7] +29.25 [15] +9.24 [2] +9.04 235.41 163.63 Aflac Inc February 1 8:00AM Q4
Publishing DJUSPB 697.63 + 18.79 3.71 +2.77 [23] +27.93 [16] +.53 [60] +9.88 697.63 465.35 Turkey (New Lira)-d .0330 .0331 30.2596 30.2066
Align Technology Inc January 31 4:30PM Q4
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Construction & Materials DJUSCN 1462.17 + 1.97 –25.05 +.14 [92] +27.08 [17] –1.68 [88] +13.38 1,493.67 1,085.19 Altria Group Inc February 1 9:00AM Q4 Ukraine (Hryvnia) .0264 .0266 37.8500 37.6500
Amazon.com Inc February 1 5:30PM Q4 U.K. (Pound) 1.2704 1.2703 .7872 .7872
Business Support Svcs DJUSIV 1244.42 + 21.03 42.48 +1.72 [50] +26.94 [18] +3.53 [23] +11.13 1,244.42 911.78
Aon PLC February 2 8:30AM Q4 Financial .02566 .02540 38.970 39.365
Hotels DJUSLG 3508.81 + 96.76 190.49 +2.84 [22] +26.61 [19] +5.74 [13] +19.03 3,508.81 2,474.40 Apple Inc February 1 5:00PM Q1 Euro 1.0855 1.0898 .9213 .9176
Reinsurance DJUSIU 493.64 + 7.56 27.44 +1.56 [54] +25.57 [20] +5.88 [12] +19.12 509.12 370.05 Aptiv PLC January 31 8:00AM Q4 Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
Automatic Data Processing Inc January 31 8:30AM Q2 British, and Japanese currencies. Source: International Monetary Fund.
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg column shows the change from previous 65-day moving Avery Dennison Corp January 31 1:00PM Q4 a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
average. Volume figures do not reflect extended trading hours. Ball Corp February 1 11:00AM Q4 2005. y-floating rate.
Becton Dickinson and Co February 1 8:00AM Q1
Boeing Co January 31 10:30AM Q4
Boston Properties Inc January 31 10:00AM Q4
Boston Scientific Corp
Broadridge Financial Solutions Inc
January 31
February 1
8:00AM
8:30AM
Q4
Q2
Money Rates
Delta Market Pulse of the Economy
Camden Property Trust
Cardinal Health Inc
Cboe Global Markets Inc
February 2
February 1
February 2
11:00AM
8:30AM
8:30AM
Q4
Q2
Q4
Latest Week Prev. Week Yr Ago

Sentiment Cencora Inc January 31 8:30AM Q1 Discount Rate (NY) 5.50 5.50 4.50
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr CH Robinson Worldwide Inc January 31 5:00PM Q4 Prime Rate (base) 8.50 8.50 7.50
Charter Communications Inc February 2 8:30AM Q4
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg
Indicator Gross domestic product 4th Qtr 3.3 4.9 2.6 3.10 Orders
Chevron Corp
Cigna Group
Clorox Co
February 2
February 2
February 1
11:00AM
8:30AM
5:00PM
Q4
Q4
Q2
Fed Funds Rate
Personal income, (bil. $) Dec 23,358.8 r23,298.8 22,312.3 4.69 Durable goods, (bil. $) Dec 295.6 r295.5 285.2 3.65 CMS Energy Corp February 1 9:30AM Q4 Avg effective offer 5.33 5.33 4.34
The Delta MSI measures the
position of a representative set Personal Savings Rate, St.Louis Fed Dec 3.7 4.1 3.4 8.82 Corning Inc January 30 8:30AM Q4 Avg weekly auction-c 5.33 5.33 4.33
of stocks relative to an Trade Danaher Corp January 30 8:00AM Q4
All fixed investment, (bil. $) 4th Qtr 3,998.5 3,981.3 3,876.5 3.15 Dover Corp February 1 9:30AM Q4
intermediate-term moving Exports, (bil. $) 4th Qtr 2,535.6 2,497.3 2,484.1 2.07 T-Bills Rate
Non–residential investment, (bil. $) 4th Qtr 3,300.3 3,284.5 3,170.0 4.11 Eastman Chemical Co February 2 8:00AM Q4
average crossover (MAC) point. Eaton Corporation PLC February 1 11:00AM Q4
When greater than 50% of the Residential investment, (bil. $) 4th Qtr 740.8 738.9 741.2 –0.05 Imports, (bil. $) 4th Qtr 3,443.8 3,428.0 3,449.6 –0.17
Electronic Arts Inc January 30 5:00PM Q3 13 weeks, Coupon Yield 5.383 5.383 4.693
stocks followed are above this Equity Residential January 31 11:00AM Q4
MAC point, the market is Production Inflation 13 weeks, Auction Rate 5.225 5.225 4.575
Exxon Mobil Corp February 2 8:30AM Q4
bullish. When the indicator is F5 Inc January 29 4:30PM Q1 26 weeks, Coupon Yield 5.237 5.188 4.865
below 50%, risk is elevated and Electric power, (mil. kw hrs) (EEI) Jan 20 94,267 82,435 76,887 22.60 ECRI Industrial Price Index f Jan 26 116.59 115.01 122.07 –4.49
Franklin Resources Inc January 29 11:00AM Q1 26 weeks, Auction Rate 5.020 4.975 4.685
stock exposures should be Petroleum, related capacity, % Jan 19 85.5 92.6 86.1 –0.70 Gross domestic product deflator 4th Qtr 1.5 3.3 3.9 –61.54 General Motors Co January 30 8:30AM Q4 Avg weekly auction-c 5.23 5.23 4.56
reduced. Manager uses Rotary rigs running, U.S. & Can., (Hughes) Hartford Financial Services Group Inc February 2 9:00AM Q4
Jan 26 851 843 1,018 –16.40 Employment Hologic Inc February 1 4:30PM Q1 Broker Call Rate 7.25 7.25 6.25
discretion on asset allocation
when MSI is at 50% +/- 3%. Steel, (thous. tons) Jan 20 1,682 1,699 1,620 3.83 Honeywell International Inc February 1 8:30AM Q4
Steel, rated capacity, % (AISI) Jan 20 75.7 76.5 72.5 4.41 Initial jobless claims (thous.) Jan 20 214 r189 194 10.31 Hubbell Inc January 30 10:00AM Q4 Bankers Acceptances
International Paper Co February 1 10:00AM Q4

Bullish
Continuing claims (mil.) Jan 13 1.833 1.806 1.658 10.55
Johnson Controls International PLC January 30 8:30AM Q1 1 month 5.35 5.35 4.35
Consumption and Distribution LyondellBasell Industries NV February 2 11:00AM Q4
Construction Marathon Petroleum Corp January 30 11:00AM Q4 2 months 5.38 5.38 4.50
Consumer spending, (bil. $) Dec 19,001.7 r18,867.8 17,943.6 5.90
No Activity for this Week Marketaxess Holdings Inc January 31 10:00AM Q4 3 months 5.40 5.40 4.70
Durable goods (bil. $) Dec 282.2 r283.1 277.5 1.69 Mastercard Inc January 31 9:00AM Q4
Current Sentiment 6 months 5.30 5.30 5.05
Instinet Research Redbook Avg. (monthly %) Jan 20 6.96 2.11 –2.45 …. Other Indicators Match Group Inc January 31 8:30AM Q4
Meta Platforms Inc February 1 4:30PM Q4 Foreign Prime Rates

80.5%
Baltic Dry Index Jan 26 1,518 1,503 676 124.56 Citi Research Panic–Euphoria Reading Jan 26 0.22 0.22 –0.10 …. Microchip Technology Inc February 1 5:00PM Q3
New home sales, (thous. units) Dec 664 r615 636 4.40 Microsoft Corp January 30 5:30PM Q2
Index of coincident indicators h Dec 111.7 r111.5 109.3 2.20 Mondelez International Inc January 30 5:00PM Q4 Canada 7.20 7.20 6.45
Personal consumption, (bil. $) 4th Qtr 15,569.8 15,461.4 15,171.4 2.63 Index of lagging indicators h Dec 118.4 r118.6 118.3 0.08 MSCI Inc January 30 11:00AM Q4 Germany 4.50 4.50 2.50
Nasdaq Inc January 31 8:00AM Q4 Japan 1.475 1.475 1.475
Last Week Inventories Index of leading indicators h Dec 103.1 r103.2 110.6 –6.78 Nucor Corp January 30 10:00AM Q4
Coincident to lagging ratio h Dec 0.94 r0.94 0.92 2.17 Old Dominion Freight Line Inc January 31 10:00AM Q4 Switzerland 2.25 2.25 1.50
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) Jan 19 420,678 429,911 448,548 –6.21 Pfizer Inc January 30 10:00AM Q4 Britain 5.25 5.25 3.50

85.3%
Gasoline, (thous. bbls) a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h- Phillips 66 January 31 12:00PM Q4
Jan 19 252,977 248,065 232,022 9.03 benchmark revision, 2016 equals 100. r-Revised.
PTC Inc January 31 5:00PM Q1 Other Money Rates
Pultegroup Inc January 30 8:30AM Q4
Qorvo Inc January 31 5:00PM Q3 Fannie Mae Home Loan:
2 Weeks ago Qualcomm Inc January 31 4:45PM Q1 30-Year Fixed Conv 6.06 6.13 5.57
Quest Diagnostics Inc February 1 8:30AM Q4 Bank money market-z 0.60 0.60 0.27
Revvity Inc February 1 8:00AM Q4
American Debt and Deficits Adjustable Mortgage Rates
87.3%
Robert Half Inc January 30 5:00PM Q4 Interest Checking-z 0.09 0.09 0.06
Rockwell Automation Inc January 31 8:30AM Q1 6-Month Certif-z 1.75 1.78 0.96
Latest Preceding Year Ago Yr over Yr Royal Caribbean Cruises Ltd February 1 10:00AM Q4 12-Month Certif-z 1.92 1.93 1.41
Report Report Report % Chg Jan 26 Jan 19 Yr. Ago YOY % Chg Skyworks Solutions Inc January 30 4:30PM Q1
Starbucks Corp January 30 5:00PM Q1 30 Month Accounts-z 1.47 1.47 1.18
3 Weeks ago 1 Year Treas Bills 4.79 4.77 4.66 2.79 Stryker Corp January 30 4:30PM Q4 5-Year Certificates-z 1.40 1.40 1.17
Federal Budget Deficit (bil. $)-a 1,330FY'25 1,201FY'24 1,154FY'23 …. Teradyne Inc January 31 8:30AM Q4
Budget Surplus/Deficit (bil. $)-b, December –129.37 –314.01 –85.00 52.20 2 Year Treas Notes 4.32 4.30 4.12 4.85
Current Market Exposure: Trade Deficit (bil. $, sa)-c, November –63.21 r-64.48 –63.82 -0.96 3 Year Treas Notes 4.11 4.05 3.79 8.44 Thermo Fisher Scientific Inc January 31 8:30AM Q4 U.S. Savings EE Bonds:
100% Equities, 0% Bonds, 0% Treasury Gross Public Debt. (bil. $)-d 34,088.4 34,060.2 31,454.4 8.37 Tractor Supply Co February 1 10:00AM Q4
5 Year Treas Notes 4.02 3.93 3.52 14.20 Trane Technologies PLC February 1 10:00AM Q4
Cash Treasury Statutory Debt Limit (bil. $)-d * 31,381.5 …. …. Long-Term (5yrs+) 2.70 2.70 2.10
Consumer Installment Debt (bil. $)-e, November 5,009.9 r4,986.2 4,764.3 5.16 10 Year Treas Notes 4.12 4.00 3.44 19.77 WEC Energy Group Inc February 1 2:00PM Q4
Source: Delta Investment 20 Year Treas Bds 4.45 4.33 3.73 19.30 Whirlpool Corp January 30 8:00AM Q4 c-Annualized yields, adjusted for constant maturity, reported by the Federal
Management Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. FHFA PMMS+ Jan 7.49 7.56 7.07 5.94 WW Grainger Inc February 2 11:00AM Q4 Reserve on a weekly average basis. Sources: Tullett Prebon information, Ltd.
www.deltaim.com, (415) Report, d-Daily Treasury Statement, e-Monthly Federal Reserve Release. *Statutory debt limit temporarily Source: CCBN, www.ccbn.com Factset. z-Bankrate.com.
249-6337 suspended through January 1, 2025. Fed annualized yields adjusted for constant maturity.
52 BARRON’S January 29, 2024

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Barron’s Gold Mining Index


12-Month Year Week %
Weekly Bond Statistics Dividend Payment Boosts Top 5 Insider Purchases by
High Low
983.45 744.74 Gold mining
1/25
825.26
1/18
811.95
Ago
983.45
Chg.
+1.64
New Offerings, (mil $) (v) Last Week Prev. Week Yr Ago
Company Name-Ticker Symbol (Exchange)
Adjusted
Yield Period To From
%
Increase
Record
Date
Ex-Div
Date
Payment
Date Company in 2024
Corporate (z) 25,583 r55,832 20,226 Acuity Brands-AYI (NYSE) 0.2 Q .15 .13 15.4 % 2-05 2-02 2-14 Number of Number of Avg.
Municipal (z) 8,369 r8,846 6,729 ADT-ADT (NYSE) 3.3 Q .055 .035 57.1 3-14 3-13 4-04 Company Sym Insiders Shares $ Value Price
Applied Indl Techs-AIT (NYSE) 0.8 Q .37 .35 5.7 2-15 2-14 2-29 Townebank TOWN 28 6,687 191,442 $28.63
Best Grade Bonds-y
Gold & Silver Prices (Barron's index of 10 high-grade corporate bonds.)
Archer Daniels Midland-ADM (NYSE)
Archrock-AROC (NYSE)
3.4
3.8
Q
Q
.50
.165
.45
.155
11.1
6.5
2-08
2-06
2-07
2-05
2-29
2-13
Compass Diversified
Opko Health
CODI
OPK
8 37,174 795,108
7 126,494 1,042,096
$21.39
$8.24
3.71 3.71 4.35 Bank of the James Finl-BOTJ (NCM ) 2.6 Q .10 .08 25.0 3-01 2-29 3-15
Handy & Harman 1/26 1/19 Year Ago Blackstone-BX (NYSE) 2.7 Q .94 .80 17.5 2-05 2-02 2-12 Nb Bancorp NBBK 5 28,952 396,299 $13.69
Gold, troy ounce 2018.45 2028.55 1923.05 Interm-Grade Bonds-y Cadence Bank-CADE (NYSE) 3.4 Q .25 .235 6.4 3-15 3-14 4-01 Coeptis Therapeutics COEP 4 54,504 37,628 $0.69
Silver, troy ounce 22.80 22.52 23.56 Cadre Holdings-CDRE (NYSE) 1.0 Q .0875 .08 9.4 2-02 2-01 2-16
(Barron's index of 10 medium-grade corporate bonds.) Canadian National Railway-CNI (NYSE) 2.0 Q .6268 .582531 7.6 3-07 3-06 3-28 Top 5 Insider Sales by Company in 2024
Base for pricing gold and silver contents of shipments and for making 4.91 4.71 4.84 Comcast Cl A-CMCSA (Nasdaq) 2.7 Q .31 .29 6.9 4-03 4-02 4-24
refining settlement. Ionis Pharmaceuticals IONS 17 399,454 20,107,445 $50.34
Consolidated Edison-ED (NYSE) 3.7 Q .83 .81 2.5 2-14 2-13 3-15
Confidence Index Dorchester Minerals-DMLP (Nasdaq) 11.0 Q 1.007874 .84512 19.3 1-29 1-26 2-08 Airbnb ABNB 10 488,932 66,730,582 $136.48
Coins Price Premium $ Premium % East West Bancorp-EWBC (Nasdaq) 3.0 Q .55 .48 14.6 2-02 2-01 2-15 Celsius CELH 8 1,327,506 71,623,593 $53.95
(High-grade index divided by intermediate-grade index; decline in First Bancshares-FBMS (Nasdaq) 3.8 Q .25 .24 4.2 2-07 2-06 2-23
Krugerrand 2098.51 80.71 4.00 latter vs. former generally indicates rising confidence, pointing to Doordash DASH 8 605,480 61,612,562 $101.76
Maple Leaf 2118.69 100.89 5.00 higher stocks.) Franklin Electric-FELE (Nasdaq) 0.9 Q .25 .225 11.1 2-01 1-31 2-15
Mexican Peso 2440.86 8.00 0.33 FS Bancorp-FSBW (NCM ) 2.7 Q .26 .25 4.0 2-08 2-07 2-22 Credo Technology CRDO 7 810,980 16,042,754 $19.78
75.6 78.8 89.8
Austria Crown 1980.85 3.00 0.15 Gallagher-AJG (NYSE) 1.0 Q .60 .55 9.1 3-01 2-29 3-15
Austria Phil 2118.69 100.89 5.00 Halliburton-HAL (NYSE) 1.8 Q .17 .16 6.3 3-06 3-05 3-27
U.S. Eagles 2118.69 100.89 5.00 Other Confidence Indicators:
HBT Financial-HBT (Nasdaq) 3.9 Q .19 .17 11.8 2-06 2-05 2-13
Premium is the amount over the value of the gold content in the coin.
Source Manfra, Tordella & Brookes, Inc. Bullion spot gold price 2017.8 Bloomberg Barclays US Long Treasury* Heritage Financial-HFWA (Nasdaq)
Hexcel-HXL (NYSE)
4.5
0.9
Q
Q
.23
.15
.22
.125
4.5
20.0
2-08
2-09
2-07
2-08
2-22
2-16
Week’s Week’s
(This index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.)
Hilltop Holdings-HTH (NYSE)
Jacobs Solutions-J (NYSE)
1.9
0.8
Q
Q
.17
.29
.16
.26
6.3
11.5
2-12
2-23
2-09
2-22
2-28
3-22
Dividend Dividend
Gold Performance Bloomberg Barclays US Credit
3090.39 3099.47 3351.92 JB Hunt Transport-JBHT (Nasdaq)
Murphy Oil-MUR (NYSE)
0.8
3.2
Q
Q
.43
.30
.42
.275
2.4
9.1
2-09
2-20
2-08
2-16
2-23
3-04 Payment Payment
NextEra Energy Partners-NEP (NYSE) 11.9 Q .88 .8675 1.4 2-06 2-05 2-14
Slightly Tarnished: Gold’s price slipped NiSource-NI (NYSE) 3.9 Q .265 .25 6.0 2-05 2-02 2-20 This list includes payouts on This list includes payouts on
(This index includes all publicly issued, fixed-rate, non-convertible, common stocks. common stocks.
0.5% on the week, to $2,018 an ounce. investment-grade, dollar-denominated, SEC-registered corporate NRG Energy-NRG (NYSE) 3.0 Q .4075 .3775 7.9 2-01 1-31 2-15
15 debt.) Oak Valley Bancorp-OVLY (NCM ) 1.2 S .225 .16 40.6 1-29 1-26 2-09 NYSE NASDAQ
3029.97 3019.91 2931.46 Park National-PRK (NYSE AMER ) 3.2 Q 1.06 1.05 1.0 2-16 2-15 3-08
Handy & Harman Gold Price Monday (January 29) Monday (January 29)
Republic Bancorp KY Cl A-RBCAA (Nasdaq) 3.0 Q .407 .374 8.8 3-15 3-14 4-19
10 Ryan Labs Treasury Index Royalty Pharma-RPRX (Nasdaq) 2.9 Q .21 .20 5.0 2-16 2-15 3-15 Alamo Group .26 A-Mark Precious Metals .20
S&P Global-SPGI (NYSE) 0.8 Q .91 .90 1.1 2-27 2-26 3-12 Bank of Nova Scotia .795
(Index of total return from active Treasury notes and bonds. Dec. Schlumberger-SLB (NYSE) 2.1 Q .275 .25 10.0 2-07 2-06 4-04 Campbell Soup .37 Tuesday (January 30)
5 31, 1996=100.)
SJW Group-SJW (NYSE) 2.6 Q .40 .38 5.3 2-05 2-02 3-01 Tuesday (January 30) NONE
271.67 271.38 271.54
Teradyne-TER (Nasdaq) 0.5 Q .12 .11 9.1 2-16 2-15 3-15 B & G Foods .19 Wednesday (January 31)
0 Bond Buyer 20 Bond Index United Rentals-URI (NYSE) 0.9 Q 1.63 1.48 10.1 2-14 2-13 2-28 Qiagen 1.28
Woodward-WWD (Nasdaq) 0.7 Q .25 .22 13.6 2-20 2-16 3-05 Calavo Growers .10
Yum! Brands-YUM (NYSE) 2.1 Q .67 .605 10.7 2-21 2-20 3-08 Wednesday (January 31) Camden National .42
(Index of yields of 20 general obligation municipal bonds.)
-5 3.43 3.39 3.37 Arcosa .05 City Holding Co. .715

-10 Bond Buyer Municipal Bond Index Dividend Payment Reductions Argan
BankUnited
Brady Cl A
.30
.27
.235
Consolidated Water
Ensign Group
Global Water Resources
.095
.06
.025
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

(Index of 40 actively-traded tax-exempt bonds; component issues Adjusted % Record Ex-Div Payment Edison International .78
EMCOR Group .18 Investar Holding .10
-15 are changed regularly to keep the index a current picture of the Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date
market. Source: The Bond Buyer EOG Resources .91 Jiayin Group ADR .40
4.84 4.81 4.30 VOC Energy Trust-VOC (NYSE) 11.6 Q .19 .225 -15.6 % 1-30 1-29 2-14 Gap Inc .15 Marvell Technology .06
-20 GFL Environmental .013 McGrath RentCorp .465
Stock/Bond Yield Gap-s Stock Splits/Dividends Special Dividends Greystone Housing Impact .37
JPMorgan Chase 1.05
Morningstar
VersaBank
.405
.019
-25 (Difference between yield on highest-grade corporate bonds and Record Ex-Div Pay Record Ex-Div Pay Northern Oil & Gas .40
Company Name-Ticker Symbol (Exchange) Amount Date Date Date Company Name-Ticker Symbol (Exchange) Amount Date Date Date WD-40 .88
Barron's Gold Mining Index (825.26)
yield on stocks on the DJIA.) Quaker Houghton .455
-1.82 -1.77 -2.32 Xerox Holdings .25
NONE Dorian LPG-LPG (NYSE) 1.00 2-05 2-02 2-27 Quest Diagnostics .71
-30 Peoples Bancorp of NC-PEBK (Nasdaq) 0.16 2-05 2-02 2-16 RPM International .46 Thursday (February 1)
Yield on DJ Equal Weight US Corp Bond Idx: Spirit Airlines .10
F M A M J J A S O N D J
Corp Bonds, (y) 5.31 5.37 5.09 Week’s Ex- Week’s Ex- Barron’s 50-Stock Average
Stryker
Tecnoglass
.80
.09
Bel Fuse A
Bel Fuse Cl B
.06
.07
TIM ADR .276 First United .20
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. z-
Dividend Dividend Toronto-Dominion Bank .763 Norwood Financial .30
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Source: LSEG.*Barclays T-Bond Index discontinued by firm. This index is a weighted average of 50 leading issues. Useful in secu-
rity valuation. Source: Barron's Stats Trinity Industries .28 Phillips Edison .097
Dates Dates Jan 25
2024
Jan 18
2024
Jan
2023
Yr-to-Yr
% Chg
Veralto
Watsco
.09
2.45
RGC Resources
Union Bankshares
.20
.36
Watsco B 2.45
Federal Reserve Data Bank This list includes payouts on
common stocks.
This list includes payouts on
common stocks.
S&P 500 Index
Barron’s 50 Index
4894.16 4780.94 3937.63
12436.86 12232.17 11370
24.29
9.39
Zimmer Biomet Holdings .24
Thursday (February 1)
Waterstone Fincl
Friday (February 2)
.15

One week ended Jan 24: NYSE NASDAQ Projected quarterly earn 151.39 151.68 141.42 7.05
AT & T .278 Patterson Cos .26
Tuesday (January 30) Tuesday (January 30) Annualized projected earn 605.58 606.71 565.69 7.05
Bristol Myers Squibb .60 Vodafone Group ADR .481
Member Bank Latest Prev. Week Year Ago Annualized projected P/E 20.54 20.16 20.1 2.10
AO Smith .32 Alliant Energy .48 Commercial Metals .16
Reserve Chgs. (Mil. $) Week Change Change ARC Document Solutions .05 Cal-Maine Foods .116 Five-year average earn 530.35 530.47 479.67 10.57 CVS Health .665 Saturday (February 3)
Citizens Financial Group .42 Entegris .10 Five-year average P/E 23.45 23.06 23.7 –1.07 Darden Restaurants 1.31 NONE
U.S. Gov't securities: Ellington Financial .15 MetroCity Bankshares .20 Year-end earn 681.35 681.35 600.92 13.39 Ennis .25
Bought outright 7,155,261 -21,563 -917,919 Enterprise Pdts Partners .515 Northern Technologies .07 Freeport-McMoRan .075 Sunday (February 4)
Genesis Energy .15 Year-end P/E 18.25 17.95 18.9 –3.53
Plains All Amer Pipeline .317 Freeport-McMoRan .075
Grupo Aval Acciones ADR .018 Plains GP Holdings .317 Year-end earns yield, % 5.48 5.57 5.3 3.63 NONE
Federal agency secur: Kinder Morgan .282 General Mills .59
RBB Bancorp .16 Best grade bond yields, % 3.71 3.71 4.29 –13.52
Bought outright 2,347 .... .... Morgan Stanley .85 Globe Life .225
Scholastic .20 Bond yields/stock ylds, % 0.68 0.67 0.81 –16.58
Reserve bank credit:
Northwest Natural
Qiagen
.488
PermRock Royalty Trust .035
1.28
Sierra Bancorp
Texas Instruments
.23
1.30
Actual year-end divs
Actual yr-end divs yld, %
253.57 253.57 238.33
2.04 2.07 2.10
6.39
–2.76
Kadant
Lincoln National
ReposiTrak
.29
.45
.016
Week’s
Primary Credit
Secondary Credit
2,527
....
+357
-29
-2,096
....
Targa Resources
Virtus Invt Partners
.50
1.90
Wednesday (January 31) Townsquare Media Cl A
Verizon Communications
.188
.665 Dividend
Seasonal Credit .... .... ....
West Pharmaceutical Svcs .20
Wednesday (January 31)
Casey's General Stores
Donegal Group Cl A
Donegal Group Cl B
.43
.17
.153
U.S. Treasury Bills Wolverine World Wide .10
Payment
Float -245 -7 -79 Wkly Ask Friday (February 2)
AES .172 Fastenal .39 Maturity Bid Chg. Yld.
Other F.R. Assets 46,423 +1,549 +3,068 Franklin Electric .25 Asked
Ally Financial .30 February 15 5.25 5.24 .... 5.34 Bk of NY Mellon .42 This list includes payouts on
Total Fed Credit # 7,639,251 -10,420 -807,425 Aon .615 Hasbro .70 nVent Electric .19 common stocks.
Aptargroup .41 Independent Bank Group .38 February 20 5.26 5.25 .... 5.35
Gold stock 11,041 .... .... February 22 5.26 5.25 -0.01 5.34 Oxford Industries .65
Graham Holdings 1.72 Lifetime Brands .043 Park Aerospace .125 NYSE American
SDR Certif. Accounts 5,200 .... .... NRG Energy .407 February 27 5.26 5.25 0.01 5.36
Pinnacle West Capital .88 Thursday (February 1) April 25 5.20 5.19 0.01 5.35 Pentair .23
Treas. Curr. Outst. 52,658 +14 +592 USA Compression .525 Monday (January 29)
Valero Energy 1.07 American Software Cl A .11 April 30 5.19 5.18 -0.01 5.33
Total 7,726,317 -10,557 -807,561 Western Midstream Ptrs .575 May 02 5.18 5.17 0.01 5.33
Costco Wholesale 1.02 Saturday (February 3) NONE
Currency in circ 2,332,056 -5,910 +39,790 Northwest Bancshares .20 May 07 5.19 5.18 .... 5.34
Thursday (February 1) May 09 5.18 5.17 0.01 5.33 NONE
Treas. Cash Hldgs 407 +10 +301 Pinnacle Finl Partners .22 Tuesday (January 30)
Brown & Brown .13 Southern States Bcshs .09 May 14 5.18 5.17 .... 5.34
Treas. Fed Deposits 799,358 +50,475 +307,510 Lamb Weston Holdings .36 May 16 5.17 5.16 0.03 5.33 Sunday (February 4) NONE
Foreign Fed Deposits 9,690 -2 +756 PNM Resources .387 Friday (February 2) May 21 5.18 5.17 -0.01 5.34 NONE
Other Fed Deposits 163,583 +4,036 -38,147 SmartFinancial .08 1st Source .34 May 23 5.16 5.15 .... 5.32 Wednesday (January 31)
Wells Fargo .35 AmeriServ Financial .03 May 28 5.17 5.16 .... 5.34
Other FR liab/cap -87,352 +1,121 -111,961
Total factors 4,199,634 +74,479 -1,302,355
Friday (February 2)
Assurant .72
Capital Bancorp
Five Star Bancorp
.08
.20
May 30
June 06
June 13
5.14
5.12
5.09
5.13
5.11
5.08
0.02
0.02
0.01
5.31
5.29
5.26
Week’s Ex- NONE

Thursday (February 1)
Reserves F.R. banks 3,526,683 -85,036 +494,794 Home Bancorp .25
Fgn hold U.S. debt 3,357,040 -22,049 +36,326
Banco Bradesco Ord ADR .004
Brink's
Carriage Services
.22
.112
OceanFirst Financial
Peoples Bancorp (Ohio)
.20
.39
June 20
June 27
July 05
5.07
5.04
5.03
5.06
5.03
5.02
0.01
0.01
....
5.25
5.22
5.22
Dividend National Healthcare .59
Peoples Bancorp of NC .16
Reserve Aggr (Mil. $) Latest Prev. Month % Year
Citigroup
IDACORP
SandRidge Energy
.53
.83
1.50
Schnitzer Steel Inds
Saturday (February 3)
.188 Jul 11 '24
Jul 18 '24
5.02
5.00
5.01
4.99
-0.02
-0.03
5.21
5.19 Dates Friday (February 2)
NONE
Month Ended Dec: Month Month Chg. Ago Jul 25 '24 5.00 4.99 .... 5.20
Sat. (Feb. 3)-Sun. (Feb. 4) NONE Aug 08 '24 4.86 4.85 -0.05 5.05 This list includes payouts on
Total Reserves: 3,491,800 3,403,500 2.59 3,107,300 Sep 05 '24 4.75 4.74 0.01 4.95 common stocks. Saturday (February 3)
NONE Sunday (February 4)
Nonborrowed Res 3,358,300 3,250,100 3.33 3,090,000 Oct 03 '24 4.70 4.69 -0.01 4.90 NONE
Monday (February 5) Oct 31 '24 4.68 4.67 .... 4.88 NYSE American
Borrowed Reserves 133,479 153,339 -12.95 17,300 NONE
DR Horton .30 Nov 29 '24 4.64 4.63 -0.01 4.86 Sunday (February 4)
Monday (February 5) Dec 26 '24 4.58 4.57 -0.04 4.80 Tues- (Jan. 30)-Mon. (Feb. 5)
Monetary Base 5,827,200 5,731,500 1.67 5,406,000 MetLife .52
Sensient Technologies .41 NONE Jan 23 '25 4.55 4.54 .... 4.78 NONE NONE
January 29, 2024 BARRON’S 53

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA


GenDigital Savara ConnexaSports Onconetix AndrettiAcqnA Lennar B WasteMgt DiversifiedEnergy

Week’s GenerationsBncp
Genetron
GeospaceTech
GibraltarInds
Seagate
SEI Investments
SkyWest
SLM
CoreScientific
Cricut
CrownElectrokin
CyclacelPharm
Ontrak
Organovo
OriginAgritech
OstinTech
ApolloGlbMgmt
AppliedIndlTechs
ArchResources
Archrock
LennoxIntl
Loews
LumentFinance
MDC Holdings
WeaveComms
WhiteMtnIns
WhitestoneREIT
Williams-Sonoma
Emeren
EndeavourSilver
Enviva
Express

New Highs and GitLab


GoldenOcean
GoldenStarAcqn
Smith-Midland
SolenoTherap
SparkIAcqnA
Cyngn
Cytosorbents
DataIO
PanbelaTherap
PAVmed
PaxMedica
ArcosDorados
AresMgmt
AristaNetworks
MGIC Investment
MPLX
Macerich
YirenDigital
NEW LOWS
Alibaba
ExxonMobil
Fisker
HDFC Bank

Lows
GpoFinGalicia Splunk Datasea PetcoHealth ArmstrongWorld MartinMarietta Humana
GracellBiotech SpringValleyII A DatChat PhioPharm AssuredGuaranty Mastercard Allego Lanvin
HamiltonLane SpringWorks DenaliCapAcqnA PiedmontLith AutoZone Matson Ameren LifezoneMetals
HaoxiHlthTech SproutsFarmers DigitalBrands PlanetImage AveryDennison McDonald's AmerStWater LithiumAmArg
HawaiianHoldings SpyreTherapeutics DolphinEnt PolarPower BWX Tech Merck ArcadiumLithium NetPower
NYSE ADM
HCM Acqn A StealthGas Draganfly PortageBiotech BancoMacro MercuryGeneral NIO
HealthEquity StepStone DragonflyEnergy Portillo's BankNY Mellon MeritageHomes Autohome
NationalFuelGas

364 71 HealthStream StoneBridgeA Dynatronics PrestigeWealth Berkley MetalsAcqn Bausch+Lomb


BlackBerry OneConnectFin
HomeTrustBcshs StoneCo Earlyworks PrestoAutomation BerkHathwy A MitsubishiUFJ SES AI
Ichor SU Group EigerBioPharma ProcessaPharm BerkHathwy B MiX Telematics BungeGlobal
CalWtrSvc Sasol
New Highs New Lows IDEAYA Bio SummitTherap ElevaiLabs PsyenceBiomed Biohaven MizuhoFin SoloBrands
SuperMicroComp ElicioTherap QuoinPharm ModineMfg Cazoo
IES Holdings BlueOwlCapital COPEL SteelPartners
Nasdaq Immunome SyprisSolutions ENGlobal Rallybio BoiseCascade MotorolaSol ComstockRscs Velo3D
InceptionGrowth TakeTwoSoftware EnvericBiosci RealGoodFood BoozAllen MuellerIndustries ConcordMed VermilionEnergy
IndepBankMI TarsusPharm EpsilonEnergy reAlphaTech BrightHorizons NGL Energy CoreLabs Youdao

485 353 InsightEnt


IntlBcshs
IntlGeneralIns
TGVentureAcqn
TheBancorp
Torm
TourmalineBio
EsportsEnt
EvaxionBiotech
EvokePharma
Exelon
REGENXBIO
Remark
RevelationBio
RichtechRobotics
BroadridgeFinl
BrookdaleSrLiving
Brookfield
NRG Energy
NVR
NatlPrestoInds
Navigator
DaqoNewEnergy YumChina
ZTO Express
Intuit BrookfieldReinsur
Coming Earnings
New Highs New Lows
IntuitiveSurgical Tradeweb FaradayFuture RiskOnIntl BrookfieldReinsA1 NYTimes A
InvestcorpEur I A TrailblazerI A Farmmi RomaGreenFin Brown&Brown NewMarket
NYSE American UnityBancorp FinchTherap Nomura Consensus Estimate Year ago
InvestorsTitle RoyaltyMgmt BuildersFirst
IronwoodPharm UrbanOutfitters ForesightAuto SacksParenteGolf CBIZ Novartis

10 26 US Lime&Min ForwardAir Sadot NuHoldings


J-Long CGI A M
KalVistaPharm VeecoInstr FreightTech Sai.TechGlobal CRH NuSTAREnergy F5 (Q1) $3.04 $2.47
KernelA VeraTherap FSD Pharma SalariusPharm Caleres nVentElectric
Vericel GamerPakistan SaveFoods OldRepublic Nucor (Q4) $2.92 4.89
New Highs New Lows Kforce CanNtlRlwy
KLA VerraMobility Gaxos.ai ScinaiImmun CapitalOne OntoInnovation Whirlpool (Q4) 3.53 3.89
Only includes COMMON and REIT stocks KrystalBiotech VertexPharm GD Culture SeelosTherap Caterpillar OscarHealth
KuraOncology ViantTech GDS Holdings SellasLifeSci Celestica Oshkosh T
LamResearch VictoryCapital GenentaScience Semantix CentralPuerto OverseasShip
NYSE American BankFinancial VircoMfg Genmab SemperParatusA PVH Advanced Micro Devices (Q4) 0.77 0.69
LandcadiaIV A Chemed
BayviewAcqnA LandosBio WesternDigital GeoVaxLabs SEP Acqn A Chipotle PackagingCpAm Alphabet (Q4) 1.59 1.05
NEW HIGHS BelFuse A LCattertonA WilliamPennBncp GlobalGas SharpLink Chubb PagSeguroDig Danaher (Q4) 1.88 2.54
AcmeUnited BGC LibertyLiveA Wingstop Globavend ShengfengDevt Cloudflare ParTechnology
LGL Group Booking WintrustFinl Gogoro ShuttlePharm ParkerHannifin Electronic Arts (Q3) 2.94 3.17
LibertyRscsA ColgatePalm
MegaMatrix BrightSpring LibertySirius A Wix.com GorillaTech SilverSpikeInvt CompassDiversif PegasusDigA General Motors (Q4) 1.13 2.12
NatlHealthcare Broadcom LibertySirius B Workday GreenGiant SiNtxTech Core&Main PerformanceFood JetBlue Airways (Q4) -0.27 0.22
SkyHarbour CadenceDesign LibertySirius C WrapTech Greenlane SizzleAcqn CorebridgeFin PetroleoBrasil
WidePoint Camtek Xerox GreenPlains SmartShareGlbl PetroleoBrasilA Microsoft (Q2) 2.76 2.32
LincolnElectric CoreCivic
Canna-GlobalA LogitechIntl Y-mAbsTherap GroceryOutlet SMX Crane Phillips66 MSCI (Q4) 3.29 2.84
NEW LOWS CapitalProduct ZimVie GromSocialEnts SocietyPass Primerica
AmpioPharm LongboardPharm CrownPropA Pfizer (Q4) -0.18 1.14
CardiolTherap Macrogenics Zscaler GulfResources SolidPower Curtiss-Wright Progressive
ArenaGroup CB FinSvcs H World SpectralAI PulteGroup Starbucks (Q1) 0.94 0.75
Ashford MakeMyTrip NEW LOWS DeckersOutdoor
CCSC Tech Intl HaoxiHlthTech SSR Mining PureStorage
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Marriott DellTechC Stryker (Q4) 3.27 3.00


AultAlliance CDW 22ndCentury HealthcrTriangle Staffing360 PyrophyteAcqn
B2Gold MarvellTech 36Kr HeartTestLabs Dick's Q2 UPS (Q4) 2.46 3.62
Celcuity MercadoLibre SteakholderFds DieboldNixdorf
BoqiiHolding CellebriteDI 5EAdvMatls HelloGroup StryveFoods RELX
CalidiBiotherap MercantileBank 60DegreesPharm HepionPharm DigitalRealty RadianGroup W
CellectarBiosci MerchantsBancorp SU Group DigitalBridge
DDC Enterprise CentessaPharm Aclarion Hesai SummitStateBk RaymondJames Aflac (Q4) 1.45 1.40
1847Holdings MereoBioPharma AcutusMedical HitekGlobal DonnelleyFin ReinsGrp
CetusCapitalAcqn Merus SuperCom Dynatrace ADP (Q2) 2.10 1.96
Graphex CG Oncology ADDvantage HubCyberSecurity Synaptogenix ReposiTrak
MAG Silver MetaPlatforms AdialPharm HuizeHolding ESAB RepublicSvcs Boston Scientific (Q4) 0.51 0.45
Coca-ColaEuro MicronTech Tantech EagleMaterials
NewFoundGold CodereOnline AehrTestSys HWH Intl TCBioPharm RossAcqnIIA C.H. Robinson Worldwide (Q4) 0.80 1.03
NewPacificMetals CogentComm Microsoft AerSale IdealPower Eaton RushStreetInt
NovaGoldRscs MKS Instrum Techprecision Ecolab Landstar Systems (Q4) 1.62 2.60
CognizantTech AerwinsTech Ideanomics TFF Pharm RymanHospitality
PEDEVCO CommvaultSystems monday.com AestheticMed IM Cannabis Elastic SAP Mastercard (Q4) 3.08 2.65
SigningDaySports MonolithicPower ThermoGenesis EmpireStateRealty
CorbusPharm AgapeATP Imunon TianRuixiang S&P Global MetLife (Q4) 1.92 1.55
Silynxcom CoreScientific MontereyCapA Agriforce Infobird EncompassHealth SFL
Southland MorphoSys TigoEnergy Endeavor Nasdaq (Q4) 0.69 0.64
Costco Agrify InfraredCameras TopFinancial SPX Tech
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

TRX Gold Couchbase MountainI A AimeiHlthTech Inno EnergyTransfer Salesforce Old Dominion Freight (Q4) 2.85 2.92
US Antimony Natera TransCodeTherap EnovaIntl
CredoTech Ainos Inseego TritiumDCFC ScorpioTankers Qualcomm (Q1) 2.37 2.37
Volato Crexendo NB Bancorp AkariTherap IntelligentBio EssentGroup ServiceNow
WestwaterRscs Netflix TuanChe EvercoreA The Boeing Co. (Q4) -0.80 -1.75
CrossFirstBkshs Akili IntelligentLiving Tuniu Shopify
CrowdStrike Neurocrine AkoustisTechs Ioneer ExpeditorsIntl SiriusPoint
Nasdaq NeuroPace TurboEnergy Fabrinet Thermo Fisher Scientific (Q4) 5.64 5.40
CSW Industrials Alpine4 iQIYI U Power SkechersUSA
NEW HIGHS CSX NewAmstPharma AlternusCleanEner J-Long FairIsaac SmithDouglas
NewsCorp A UcommuneIntl FirstBanCorp TH
AbacusLife CyberArkSoftware AlzamendNeuro JD.com Urgent.ly Snowflake
CymaBayTherap NewsCorp B AmericanLithium Jet.AI Fiserv Spotify Altria (Q4) 1.17 1.18
AcadiaHealthcare NMI Holdings UTStarcom FlameAcqnA
AchariVenturesI CyteirTherap AptoseBiosci KaivalBrands Uxin Stantec Amazon (Q4) 0.79 0.03
Datadog Nova Aravive Kanzhun FleetCorTech Starrett A
ACI Worldwide Nutanix Valneva FomentoEconMex Apple (Q1) 2.10 1.88
ACM Research Dave ArrayTech Kernel VastRenewables StewartInfo
DescartesSystems NVIDIA Arrival KingsoftCloud Forestar StifelFinancial Honeywell International (Q4) 2.59 2.52
AcriCapitalA OakWoodsAcqnA Vaxxinity GMS
Adagene DianthusTherap ArriVentBio KintaraTherap VertexEnergy Stride Illinois Tool Works (Q4) 2.40 2.95
Digimarc OpenText AuroraCannabis KolibriGlblEnergy Gartner SynchronyFinl
ADMA Biologics OReillyAuto Veru GeneralDynamics Merck (Q4) -0.11 1.62
AdTheorent DigitalWorldA Baidu Lantheus ViraxBiolabs TE Connectivity
AdvantageSolns DiscMedicine OricPharm BeiGene LesakaTech GeneralElec TJX Meta Platforms (Q4) 4.83 1.76
Paccar VNET Glaukos
AdvMicroDevices DoorDash Bilibili Longeveron Vroom TaiwanSemi Quest Diagnostics (Q4) 2.11 1.98
AffinityBncshs DorchesterMnls PactivEvergreen Biofrontera MainzBiomed GlobalIndl TaroPharm
PaloAltoNtwks VS Media GlobalPtrs The Clorox Co. (Q2) 1.10 0.98
Agric&NatSolnsA DraftKings Biolase MaisonSolutions vTvTherap TaylorMorrison
AimeiHlthTech Dropbox PangaeaLogistics Bionomics MDJM VyneTherap GlobalShipLease Teekay
AkamaiTech DyneTherap PatrickIndustries Biophytis MediciNova WiSA Tech GoDaddy TempurSealy F
AlchemyInv1 A EdgewiseTherap PerceptionCapIII BioraTherap MicroAlgo Worksport GoldmanSachs TevaPharm Bristol Myers Squibb (Q4) 1.66 1.82
AlerusFinancial electroCore Pharvaris BiosigTech MicroCloudHologram XBPEurope GrahamHoldings Textainer
Photronics Grainger CBOE Global Markets (Q4) 2.04 1.80
Alphabet A Eltek Biote Microvast YanGuFangIntl Textron
Alphabet C enCoreEnergy PinnacleFinPtrs BioVie MiddlesexWater Yoshitsu Grindr TopBuild Chevron (Q4) 3.23 4.09
AlpineImmune EncoreWire PlainsAllAmPipe bluebirdbio MilestonePharm ZaiLab Guidewire ToyotaMotor Exxon Mobil (Q4) 2.20 3.40
AltairEngg EnergemA PlainsGP BluejayDiag MiraPharm ZuraBio HCI Group TraneTech
PlanetImage HartfordFinl Regeneron Pharmaceutical (Q4) 10.80 12.60
Alvotech EnergySvsofAmerica Boxlight MobixLabs TransDigm
Amazon.com EnsignGroup Popular BrenmillerEner MoolecScience NYSE HessMidstream Travelers The Cigna Group (Q4) 6.54 4.96
AmericanWoodmark Entegris PrimisFinl BrightGreen MotusGI Hilton TriPointe
AmerisBancorp
Amgen
ErieIndemnity
ESH Acqn A
Pro-Dex
ProvidentBncp
BrightSpring
BroogeEnergy
MullenAuto
MyMD Pharm
NEW HIGHS
Aflac
DR Horton
HoulihanLokey
TurkcellIletism
TylerTech Consensus Estimate
ApogeeEnt Euroseas PTC BruushOralCare MySize ASE Tech HowmetAerospace USA Compression
QCR Holdings HubSpot Day Consensus Est Last Period
ApogeeTherap EyePointPharm BuzzFeed NaaSTechnology AbbVie US Cellular
AppFolio F5 Qualcomm ByndCannasoft Netcapital Abercrombie&Fitch HysterYaleMatls Uber T January Consumer Confidence 113.0 110.7
ApplMaterials Fastenal QuettaAcqn C3is NewHorizAircraft AcadiaRealty ITT Unisys
QuickLogic Accenture Informatica December JOLTS Job Openings 8,725,000 8,790,000
Applovin FAT Brands CaliberCos Next.e.GO UnitedRentals
APxAcqnI A Fenbo RadNet Canoo NiuTech AcuityBrands Infosys UnvlTechInst TH December Construction Spending 0.50% 0.40%
Arcellx FinWiseBancorp Rambus CaraTherap NKGenBiotech Acushnet IngersollRand VTEX
RayzeBio InstalledBldg F January Nonfarm Payrolls 140,000 216,000
Arm FirstCitizBcshA CarismaTherap noco-noco AdtalemGlbEduc Verizon
ArriVentBio FirstInternetBncp RealBrokerage Cemtrex NocturneAcqnA Aegon IntegerHoldings Vertiv January Unemployment Rate 3.8% 3.7%
AryaSciencesIV FirstService RedRockResorts CG Oncology Novavax AerCap InterContinentl Vestis December Factory Orders 0.25% 2.6%
ASML FirstWatchRest RegenPharm ChickenSoupA Novonix Allstate IBM Visa
ASP Isotopes Flexsteel RenovaroBioscience ChijetMotor Nukkleus AllyFinancial IntlSeaways VistaEnergy January Michigan Sentiment - f 78.8 78.8
AstroNova FormFactor Repligen ChinaLiberalEduc NutexHealth AlphaMetal JanusIntl Vistra
RichtechRobotics KKR Unless otherwise indicated, times are Eastern. a-Advanced;
Atlassian Freshpet ChinaNaturalRscs NuvectisPharma AltC Acqn Vontier
Autodesk FTAI Aviation RoperTech CleanEnergyTechs NuvveHolding AmerExpress Kaman VulcanMatls f-Final; p-Preliminary; r-Revised Source: FactSet
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54 BARRON’S January 29, 2024

O T H E R VO I C E S
The Chips and Science Act included a novel
provision allowing government equity investment
to address innovation. It could be a game changer.

Jinping is implementing new restric- the refining of rare-earth metals, a tra-


tions on exporting gallium and germa- ditionally hazardous process. By apply-
nium, requiring export licenses for ing novel extraction methods to create
high-grade graphite, and imposing oxide and then using electrolysis, U.S.
reporting requirements on rare-earth innovators have conjured a less envi-
exports. ronmentally harmful and potentially
How did we get here? Thank the more economical final step in the rare-
logic of globalization for inexorably earths supply chain. While innovation
pushing production of polluting and alone cannot solve the supply chain
low-margin industries outside the crisis, it is a critical ingredient.
U.S. China embraced the mining and Government efforts to address min-
processing of critical minerals that eral supply chain vulnerabilities can
despoiled its landscapes and poi- mirror microelectronics policies:
soned its waters. Other polluting in- stockpile more supplies, subsidize
dustries, such as microelectronics domestic processing facilities, encour-
production, also emigrated to the age foreign governments to expand
developing world. The U.S. welcomed production, and make small-business
cheaper inputs that made products research and development grants. Yet
China has cultivated control of
less expensive, and hoped that mutu- the Chips and Science Act also in-
key economic inputs, such as the ally beneficial trade would draw cluded a novel provision allowing gov-
potash fertilizers, potassium China into the orbit of a free-market ernment equity investment to address
chloride, and lithium carbonate
produced at Qinghai Salt Lake economic order. With those hopes innovation. While it has yet to be
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Industry in Qinghai province. now dashed, it appears that the West used, it could be a game changer.
has instead purchased strategic sup- The national interest justifies equity
ply chain vulnerability. investments to help prove out and scale
Policymakers are eager to combat new mining and processing capabili-

How to Break China’s


China’s monopoly on critical minerals. ties. Policymakers are comfortable with
There is no silver bullet. A fulsome small-business grant programs, which
combination of measures will be re- can graduate check sizes in hopes that
quired, from “onshoring” the mining a company will become financially

Chokehold on the
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

and processing of critical minerals to sustainable, including through a gov-


encouraging “friendshoring” of these ernment contract. But critical minerals
activities in more reliable countries. innovators face challenging economics
We can reclaim critical minerals from and may never sell products directly

Global Economy
discarded phones and other equip- to government. Unlike grants, govern-
ment currently sent to landfills. We ment equity can help derisk and en-
also can help reduce demand by creat- courage private investment while po-
ing new types of batteries, magnets, tentially delivering returns.
and other components that are less Critics will argue that equity invest-

C
critical-mineral dependent. ing is interfering in markets or pick-
Success will hinge in part on emerg- ing winners. This is no less true of
hina’s monopoly BY SARAH they lack the ready commercial market ing technologies developed by U.S. more than $2 billion annually gifted
on critical miner- SEWALL that attracts private investment. If the start-ups. Some have begun experi- via small-business grants. Unlike
als such as lith- Sarah Sewall is West wants next-generation methods menting with new, more environmen- grants, equity can offer an upside
ium, germanium, an executive vice to access critical minerals, government tally sustainable approaches to separat- for the taxpayer. The U.S. should
and cobalt gives president at IQT, a should do more to support early-stage ing and refining critical minerals. One experiment with a Chips-like market-
it enormous geo- nonprofit strategic innovators. early company is using microorgan- investing provision to promote critical
political leverage. investor supporting Chinese domination of critical isms to extract valuable elements from minerals innovation.
Addressing this risk will push the U.S. national minerals supplies—including so-called existing mining waste. This approach China may well rue the same lesson
U.S. government outside its comfort security. rare-earth elements—is no accident. offers dual benefits—recycling refuse that the U.S. is learning as it imple-
zone in dealing with private markets. As early as 1992, China’s leader Deng while using less harmful processes. ments trade restrictions: Choking vital
Wresting back control of critical Xiaoping equated possession of rare Harvesting critical minerals from exist- foreign supply chains will spur a drive
mineral markets from China could earths to the Middle East’s monopoly ing mining waste also skirts lengthy for resource independence. The key

Qilai Shen/Bloomberg
require supporting the maturation of of oil. Beijing has proved willing to use approval timelines for new mines. question is how quickly the U.S. can
companies that can disrupt traditional this supply chain leverage for its ad- Other companies are pioneering the unlock domestic commercial innova-
mining methods and create more sus- vantage. Washington is doing the same use of genetically enhanced plants and tion to help secure critical minerals
tainable production. U.S. start-ups are with semiconductor export controls. biomass to separate or absorb critical and whether equity investing can
developing technologies to do this, but No surprise, then, that President Xi minerals. Another start-up has tackled become part of the solution. B
January 29, 2024 BARRON’S 55

RETIREMENT MAILBAG
How to Switch Out of Judging Our Panelists’
Medicare Advantage
Performance
BY ELIZABETH O’BRIEN cially, it shouldn’t be an immediate worry. To the Editor: from various governments to fund zero-
Plan premiums, out-of-pocket costs, and Regarding “The Stock Market Just Hit carbon energy alternatives for an indefi-

T
here aren’t many do-overs in benefits are fixed for 2024, so any chal- a Record High. 27 Picks for the Year nite time, then I would be in favor of that
life, but one is now available lenges experienced by insurers won’t af- Ahead, From Our Roundtable Pros” (Jan. decision, too. But the reality is that zero-
for Medicare Advantage. En- fect beneficiaries this year. 19): What is the panel’s performance, cu- carbon initiatives aren’t practical.
rollees in the plans can change Advantage plans come with some mulatively, over the past five years? I’ve Robert Conachey
their coverage during the annual Medi- drawbacks. For one, your doctors may not read their picks for years, and they often On Barrons.com
care Advantage open enrollment period, participate. Almost all doctors accept tra- seem to get shellacked on some picks that
which runs through March 31. ditional Medicare, aside from some in af- pretty much negate gains. I’m curious to
This window is more limited in scope fluent locations where physicians can af- see whether any panel member has a five- Joint Responsibility
than Medicare’s annual fall open enroll- ford not to accept it and certain specialties, or 10-year rate of return better than the
ment period, and it isn’t accompanied by like psychiatry, that have a higher rate of Vanguard S&P 500 exchange-traded fund. To the Editor:
the same advertising blitz. As such, it of- physicians opting out of the program. By The panelists often recommend so many No question, this is one of today’s major
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ten flies under the radar. Yet it’s an impor- contrast, many Medicare Advantage plans picks that are already very expensive and financial issues (“Solving the College Tu-
tant opportunity for people on Medicare are HMOs, with limited networks of doc- always seem to assume that the companies ition Puzzle Is Only Getting Harder,”
Advantage to switch to another plan or tors and hospitals. Networks can change, will grow into the projected valuations. Other Voices, Jan. 19). It’s easy to blame
end their coverage and go back to tradi- moreover, so you might find that a doctor Mike Brown others for the problem, but in reality, all
tional Medicare. People already on tradi- who was in your Advantage network last On Barrons.com are responsible: colleges, for charging very
tional Medicare must generally wait until year no longer participates. high tuitions; students, for not realizing
this fall to change coverage for 2025. Many Advantage plans require what’s the responsibility of paying back the loans;
You’re allowed to make only one known as prior authorization before ap- Stock-Pick Suggestions and our government, for too easily giving
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

change, and you’ll generally be locked in proving certain procedures. That can re- loans without knowing whether they’ll be
for the rest of the year. “Once you pick a sult in delays and even denials of doctor- To the Editor: paid. All things considered, these three
new plan, your window is over,” says Lou- recommended care. Compared with I appreciate the transparency (“Here’s entities should bear the responsibility.
ise Norris, a health policy analyst at medi- traditional Medicare, Advantage plans How Barron’s Stock Picks Performed— Colleges should reduce their claims by
careresources.org. New coverage begins may also place more restrictions on ser- and Why We Trailed the Market,” Jan. a third, students should be forgiven for
the first day of the month after the plan vices like physical therapy. 19). “Expected hold time” or “when to a third, and the government should pay
receives your request. You can search One option during this enrollment pe- sell” would be good additions to your the remaining third.
plans by ZIP Code on the plan finder tool riod is to switch from an Advantage plan initial analysis and recommendations. Sam Anteby
at medicare.gov. to traditional Medicare and look into buy- If these were ideas for long-term buy Delray Beach, Fla.
An alternative to traditional Medicare, ing a Medigap supplement plan. Without a and hold investors, then the timeline for
Advantage plans have grown in popularity supplement plan, you are usually on the review in many of the ideas is too short. CORRECTIONS & AMPLIFICATIONS
and now enroll more than 30 million peo- hook for 20% of your covered costs under If these are more short-term trade ideas,
ple, about half of all Medicare beneficia- traditional Medicare—and there is no an- then positions should be entered with Canadian Natural Resources has a
ries. A big attraction is that many plans nual cap on this amount. But keep in mind stops and a clear sell strategy, which market cap of $73 billion. Last week’s
cover extras that traditional Medicare that you might not be eligible to buy Medi- would limit the downside on the losers. installment of the Barron’s Roundtable
doesn’t, such as gym memberships and gap due to pre-existing conditions such as Mick Noland incorrectly said its market cap was $73
limited benefits for dental and vision. Run cancer or poorly controlled diabetes. On Barrons.com million.
by private insurers, the plans contract Medicare Advantage is generally a
with the government to provide hospital, more affordable alternative to traditional Send letters to Mail@Barrons.com.
outpatient, and often drug coverage. Medicare plus a stand-alone Part D drug BP’s Energy Strategy To be considered for publication,
Insurers have been pushing Advantage plan and a Medigap supplement plan. correspondence must bear the writer’s
plans for years, but some are now finding This can be great for healthy beneficiaries. To the Editor: name, address, and phone number.
them to be quite costly and less profitable. If you get sick, however, things can get BP is pursuing areas of the energy sector Letters are subject to editing.
Humana, one of the largest Advantage more complicated. that are profitable, which is why CEO
providers, recently made headlines when You can get free, unbiased help Murray Auchincloss was hired (“BP Stock
it announced sharply higher costs in its choosing Medicare coverage through Has Been Ignored for Too Long. It’s Time The Barron’s Daily is our morning briefing
plans. Its stock fell more than 10%. your local State Health Insurance Assis- to Buy,” Jan. 19). If Auchincloss were able for what you need to know for the day.
Even if your insurer is struggling finan- tance Program. B to obtain billions or trillions of free money Sign up at barrons.com/newsletters.
M W L C 10 11 12 H G R P 4 8 3 F 2 D 6 7 9 0 A I
56 BARRON’S January 29, 2024

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to creating wealth.

But making it
endure is an art.

Managing wealth
is our craft.
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