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TSLA

Tesla Inc (TSLA) could have made nearly a $20 billion profit on its Bitcoin (BTC) investment if it had followed Michael Saylor's advice to convert its balance sheet to Bitcoin. Tesla disclosed a $1.5 billion Bitcoin purchase in February 2021 and made sales in 2021 and 2022, realizing a potential profit of $1.208 billion. However, based on the cash Tesla had at the end of the third quarter of 2020, it could have bought 598,934.4749 BTC, which would be worth $34,025,293,828.10 today, nearly a $20 billion profit. MicroStrategy, led by Saylor, remains one of the largest Bitcoin holders.

Portfolio Pulse from Chris Katje

February 27, 2024 | 4:47 pm

ADSK

Over the past 20 years, Autodesk (NASDAQ:ADSK) has delivered an average annual return of 15.48%, outperforming the market by 7.86% annually. A $100 investment in ADSK 20 years ago would be worth $1,785.74 today. Autodesk's market capitalization currently stands at $55.05 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:30 pm

BITO

COIN

HOOD

Robinhood Markets, Coinbase Global, and the ProShares Bitcoin Strategy ETF hit new 52-week highs as Bitcoin spikes to $57,000. Robinhood's stock surged over 65% in the past year, with a new high of $16.25, despite a Neutral rating. Coinbase's stock, up 64.5% over the past year, reached $209.94, with a Buy rating and a price target of $129.74. The ProShares ETF, tracking Bitcoin futures, soared 86.5% over the past year, hitting a new high of $27.12.

Portfolio Pulse from Surbhi Jain

February 27, 2024 | 4:17 pm

DESK

Goldman Sachs economists report that the listing prices of struggling office properties must fall by nearly half for conversion into multifamily homes to be economically viable, due to a significant reduction in demand for office space. The office vacancy rate has risen to 13.5%, the highest since 2000, with a forecasted increase to 18% over the next decade. Approximately 4% of U.S. office buildings are considered potentially obsolete. Despite a drop in transaction prices, a further decrease is needed for feasible conversion. The VanEck Office and Commercial REIT ETF (NYSE:DESK) has seen a 21% price increase from October 2023 lows, despite the overall market challenges.

Portfolio Pulse from Piero Cingari

February 27, 2024 | 4:03 pm

ARM

ARM Holdings (NASDAQ:ARM) is analyzed alongside competitors in the Semiconductors & Semiconductor Equipment industry, revealing its premium valuation with high PE, PB, and PS ratios, and lower ROE, EBITDA, and gross profit compared to industry averages. Despite these challenges, ARM's revenue growth outpaces its peers, indicating strong market share gains. The analysis also highlights ARM's favorable debt-to-equity ratio, suggesting a solid financial position relative to top competitors.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:01 pm

IR

Ingersoll Rand (NYSE:IR) has significantly outperformed the market with an average annual return of 27.26% over the past 5 years, turning a $1000 investment into $3,294.44 today. The company's market capitalization stands at $36.62 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

TMUS

Over the past 10 years, T-Mobile US (NASDAQ:TMUS) has produced an average annual return of 17.77%, outperforming the market by 7.35% on an annualized basis. A $1000 investment in TMUS a decade ago would be worth $5,351.80 today, showcasing the impact of compounded returns on investment growth. T-Mobile US currently has a market capitalization of $194.54 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

AAPL

A comprehensive comparison of Apple (AAPL) against its competitors in the Technology Hardware, Storage & Peripherals industry reveals Apple's potential undervaluation based on its PE ratio, premium valuation in terms of PB and PS ratios, strong profitability indicated by high ROE, EBITDA, and gross profit, but concerns over its lower revenue growth compared to industry peers.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

CLSK

CleanSpark Inc (NASDAQ:CLSK) shares rose by 7.67% to $21.92 as Bitcoin's price surged above $57,000, marking its highest level in over two years. The increase in Bitcoin's price is attributed to the demand following the approval of spot ETFs and the anticipation of April's halving event. Additionally, CleanSpark announced the completion of its acquisition of three bitcoin mining data centers in Mississippi, which increases its operating hash rate to over 15 exahashes per second. The company has invested over $700 million in infrastructure and job creation around its Georgia facility and plans to extend similar efforts to Mississippi.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 3:55 pm

ETHUSD

MATICUSD

Donald Trump's crypto portfolio increased by $570,000 in 24 hours, primarily due to gains in a memecoin named TRUMP and Ethereum. His portfolio, now valued at $5.8 million, includes TRUMP, Wrapped Ether (WETH), Ethereum (ETH), BABYTRUMP, and Polygon (MATIC). The MAGA meme coin's growth is attributed to Trump's opposition to a Central Bank Digital Currency and its expansion to the Binance ecosystem.

Portfolio Pulse from Murtuza Merchant

February 27, 2024 | 3:46 pm