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COST

A comparative study of Costco Wholesale (NASDAQ:COST) and its competitors in the Consumer Staples Distribution & Retail industry reveals that Costco is priced at a premium with higher PE, PB, and PS ratios compared to the industry average. Despite this, Costco has a slightly higher ROE, indicating strong profitability. However, concerns arise from its lower EBITDA, gross profit, and revenue growth compared to peers, suggesting potential challenges in operational efficiency and growth within the sector.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 4:00 pm

MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market with an annualized return of 48.0% over the past 5 years, turning a $100 investment into $722.12. The company now has a market capitalization of $12.54 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 4:00 pm

MRNA

Over the past 5 years, Moderna (NASDAQ:MRNA) has significantly outperformed the market, with an annualized return of 27.41% and an average annual return of 40.22%, growing a $1000 investment to $4,973.85. Moderna's market capitalization stands at $42.22 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 4:00 pm

FCX

SCCO

SNAP

WSM

The House passed a bill aimed at cracking down on TikTok, potentially affecting social media stocks. Copper prices increased following reports of reduced production in China, impacting copper-related stocks. Williams-Sonoma reported strong Q4 earnings and announced a buyback, leading to a surge in its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:51 pm

IBIT

Bitcoin spot ETFs experienced a record $1.05 billion net inflow on March 12, marking the highest single-day net inflow since their inception. Blackrock's IBIT product led with $849 million in inflows. Spot Bitcoin ETFs now dominate over 90% of the daily trading volume market share, indicating a strong investor preference over futures-based ETFs. Bitcoin's price action reflects a bullish sentiment, trading at $72,930, up 1.1% over the past 24 hours.

Portfolio Pulse from Murtuza Merchant

March 13, 2024 | 3:45 pm

NVDA

ORCL

QQQ

TSLA

The article discusses the impact of AI frenzy and gamma squeeze on the stock market, overpowering concerns about inflation. It highlights the strong performance of Invesco QQQ Trust Series 1 (QQQ) and NVIDIA Corp (NVDA) due to Oracle Corp's (ORCL) earnings indicating high demand for NVIDIA chips. It also notes the mixed money flows in major tech stocks and ETFs, and the momo crowd's shift from Tesla Inc (TSLA) to NVDA. Additionally, it mentions the positive outlook for oil based on API crude inventory data.

Portfolio Pulse from The Arora Report

March 13, 2024 | 3:44 pm

ELV

Over the past 15 years, Elevance Health (NYSE:ELV) has produced an average annual return of 19.3%, outperforming the market by 5.96%. A $100 investment in ELV 15 years ago would now be worth $1,341.19. Elevance Health currently has a market capitalization of $117.63 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:30 pm

HCA

HCA Healthcare (NYSE:HCA) has significantly outperformed the market with an annualized return of 20.73% over the past 10 years, turning a $1000 investment into $6,710.59 today. The company's market capitalization stands at $85.83 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:30 pm

MSTR

MicroStrategy Incorporated (NASDAQ:MSTR) shares hit all-time highs as Bitcoin's price surpassed $73,000. The company recently acquired an additional 12,000 Bitcoin, increasing its total holdings to about 205,000 Bitcoin. Michael Saylor, the company's executive chairman, emphasized his long-term commitment to Bitcoin in interviews. Analysts have significantly raised their price targets for MSTR, with Canaccord Genuity and TD Cowen updating their outlooks. The stock's historical annualized performance suggests a potential future price, assuming the continuation of its past trend.

Portfolio Pulse from Erica Kollmann

March 13, 2024 | 3:20 pm

ARBUSD

Cryptocurrency Arbitrum (ARB) has seen a price increase of 7.07% in the last 24 hours, reaching $2.14, with a weekly gain of over 5.0% from $2.02. The coin's all-time high is $2.39. Trading volume has decreased by 28.0% over the past week, and the circulating supply has slightly dropped to 1.45 billion, representing 14.51% of its max supply. Arbitrum's market cap is currently ranked #47 at $3.11 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:03 pm