Streetbeat News

Assets

LIN

Over the past 20 years, Linde (NASDAQ:LIN) has produced an average annual return of 13.22%, outperforming the market by 5.68% on an annualized basis. With a current market capitalization of $213.09 billion, a $1000 investment in LIN 20 years ago would be worth $12,099.67 today.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:30 pm

RRC

Range Resources Corp. (RRC) has announced its 2024 all-in capital budget to be between $620M and $670M, aiming to maintain production levels at 2.12 – 2.16 Bcfe per day. The budget includes maintenance capital, drilling and completion capital, investments in targeted acreage, and water infrastructure. Operational efficiencies from 2023 will allow RRC to build in-process well inventory in 2024, similar to 2023, enhancing future operational and capital flexibility. The plan involves running two drilling rigs and one frac crew, with investments aimed at increasing lateral lengths and reducing future costs.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:20 pm

JOBY

Joby Aviation projects its cash, cash equivalents, and short-term investments to be between $440M and $470M for FY24.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:15 pm

BNL

Broadstone Net Lease (BNL) projects its 2024 AFFO to be $1.41 per diluted share, based on investments in real estate properties between $350 million and $700 million, dispositions between $300 million and $500 million, and total cash general and administrative expenses between $32 million and $34 million. The company highlights that its per-share results are sensitive to the timing and amount of real estate investments, dispositions, and capital markets activities. BNL does not provide GAAP net income guidance due to the unpredictability of certain items.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:12 pm

SPSC

Over the past 10 years, SPS Commerce (NASDAQ:SPSC) has produced an average annual return of 18.84%, outperforming the market by 8.46% on an annualized basis. A $100 investment in SPSC 10 years ago would be worth $566.88 today, showcasing the impact of compounded returns on cash growth. SPS Commerce currently has a market capitalization of $6.85 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:00 pm

BX

Over the past decade, Blackstone (NYSE:BX) has delivered an annualized return of 14.58%, outperforming the market by 4.21%. A $1000 investment in BX 10 years ago would now be worth $3,907.77. Blackstone's market capitalization currently stands at $95.10 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:00 pm

BTCUSD

Retired U.S. Army Colonel Douglas Macgregor, a former Pentagon advisor, predicts a significant rise in Bitcoin's value as a response to the potential collapse of fiat currencies. He suggests investing in Bitcoin for financial autonomy and criticizes the current financial system's reliance on fiat and digital bank-issued currencies. Macgregor also highlights Bitcoin's national security benefits and criticizes U.S. leadership's reluctance to adopt new technologies like Bitcoin, attributing it to a generational gap.

Portfolio Pulse from Murtuza Merchant

February 21, 2024 | 8:42 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market with an average annual return of 26.81% over the past 15 years, turning a $1000 investment into $33,518.38 today. The company's market capitalization stands at $132.65 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:30 pm

HUBS

Over the past 5 years, HubSpot (NYSE:HUBS) has outperformed the market with an annualized return of 28.18%, turning a $100 investment into $341.24 today. HubSpot's market capitalization stands at $29.77 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:30 pm

AR

CNX

CTRA

EQT

OVV

RRC

SWN

Energy stocks are experiencing an uptick due to an increase in oil and gas prices, positively impacting companies like AR, CNX, CTRA, EQT, OVV, RRC, and SWN.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:28 pm