Streetbeat News

Assets

CCL

Recent unusual options activity in Carnival (NYSE:CCL) indicates a bearish sentiment among deep-pocketed investors, with a notable division in sentiment (42% bullish, 57% bearish). The activity includes 14 extraordinary options trades, with a price target window from $15.0 to $24.0. Current trading volume is 9,691,321, with a slight price decrease of -0.24%, and the stock price at $16.33. An analyst from Stifel maintains a Buy rating with a target price of $26. Carnival is the largest global cruise company, having rebounded to its pre-COVID guest levels in 2023.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

KKR

A comparative study of KKR & Co (NYSE:KKR) against its competitors in the Capital Markets industry reveals KKR's strong financial performance and growth potential. With $552.8 billion in managed assets, KKR shows a lower PE and PB ratio suggesting undervaluation, a high PS ratio indicating potential overvaluation based on revenue, and a ROE slightly above the industry average. KKR's EBITDA is significantly above the industry average, indicating robust profitability. Despite a low gross profit margin, KKR's revenue growth far surpasses its peers, highlighting its market share expansion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

LRCX

The article provides a detailed comparison of Lam Research (LRCX) against its competitors in the Semiconductors & Semiconductor Equipment industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Lam Research shows favorable growth potential with a lower P/E ratio than the industry average, but its P/B and P/S ratios suggest potential overvaluation. The company demonstrates strong profitability with higher EBITDA and gross profit compared to peers, but its revenue growth lags behind the industry average.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has delivered an average annual return of 10.44%, outperforming the market by 2.62% annually. A $100 investment in CB 20 years ago would be worth $730.04 today. Chubb's market capitalization currently stands at $102.21 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

LNG

Cheniere Energy (NYSE:LNG) has delivered an average annual return of 11.54% over the past 10 years, turning a $100 investment into $301.88 today. The company's market capitalization stands at $36.38 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

MSTR

MicroStrategy shares are trading higher following Bitcoin's surge to a record high, reflecting the company's significant investment in the cryptocurrency.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:55 pm

BAC

BTI

C

British American Tobacco Plc (BAT), known for Lucky Strike cigarettes, is reportedly planning to sell a portion of its stake in Indian partner ITC Ltd. The sale, which could happen as early as this week, involves a divestment of $2 billion to $3 billion in ITC stock. BAT has been in discussions with Bank of America Corp. and Citigroup Inc. regarding the sale through block trades.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:55 pm

GLD

MSTR

NVDA

SMH

NVIDIA Corp (NVDA) has traced a bearish outside day pattern, leading to a significant loss in value. The Arora Report had previously signaled to hedge NVDA positions, which has proven effective. NVDA's performance is crucial due to its central role in the AI revolution and its impact on the S&P 500 and semiconductor sector. The article also notes central banks buying gold, with positive early trade money flows in AAPL, GOOG, and TSLA, but negative in AMZN, META, MSFT, NVDA, SPY, and QQQ. MicroStrategy Inc (MSTR) is buying more Bitcoin, which has surpassed $72,000.

Portfolio Pulse from The Arora Report

March 11, 2024 | 3:51 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, providing specific price levels and targets based on their proprietary formula. The analysis includes potential bullish and bearish scenarios for each asset, emphasizing the importance of monitoring these stocks for breakouts or reversals. The memo also notes the calm market in terms of data releases, with attention on the Treasury's 3-Year Note Auction and upcoming CPI numbers.

Portfolio Pulse from RIPS

March 11, 2024 | 3:36 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market with an annualized return of 30.65% over the past 5 years, turning a $100 investment into $401.03 today. The company's market capitalization stands at $81.23 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:30 pm