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LLY

Eli Lilly (NYSE:LLY) has significantly outperformed the market over the past 5 years, with an annualized return of 43.4%, turning a $1000 investment into $6,046.37. The company's market capitalization stands at $703.02 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:00 pm

UUP

The January inflation report showed a year-on-year increase to 3.1%, exceeding forecasts and indicating persistent inflationary pressures. Bank of America now sees a March rate cut as unlikely, with diminished prospects for a May cut, but remains hopeful for cuts starting in June. The Invesco DB USD Index Bullish Fund ETF (UUP) saw its value increase, reaching a three-month high. Economist Peter Schiff warned that inflation is unlikely to return to 2% without further Fed rate hikes, viewing the situation as favorable for gold. Other analysts also expressed concerns over persistent high inflation and its impact on Federal Reserve policies.

Portfolio Pulse from Piero Cingari

February 13, 2024 | 4:33 pm

QCOM

Over the past 5 years, Qualcomm (NASDAQ:QCOM) has significantly outperformed the market, with an annualized return of 23.74%, turning a $1000 investment into $2,903.23. Qualcomm's market capitalization stands at $167.14 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:30 pm

GPN

Global Payments (NYSE:GPN) has delivered an average annual return of 14.83% over the past 15 years, turning a $100 investment into $800.29 today. The company's market capitalization stands at $35.41 billion, highlighting its significant growth and performance in the market.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:30 pm

ETHUSD

Ethereum (ETH) has reached a 20-month high, surging 4% in the past 24 hours, driven by increased NFT trading volumes and a rise in validators. The asset's one-year gain stands at 75%, with trading volumes of NFTs on Ethereum hitting $147.3 million in a recent week, the highest since late February 2023. The growth is partly attributed to the Pudgy Penguins NFT collection. Ethereum also saw an inflow of $16.5 million in the first week of February and a spike in validator queue to 7,045, the highest since October 2023. The total value locked in Ethereum's smart contracts is at $40.7 billion, the highest since June 2022. Franklin Templeton has applied for a spot Ethereum ETF, and traders predict Ethereum could reach over $8,000, potentially triggering an altcoin season.

Portfolio Pulse from Khyathi Dalal

February 13, 2024 | 4:30 pm

JPM

Analysis of JPMorgan Chase's (NYSE:JPM) options market reveals a bearish sentiment among traders, with 69% showing bearish tendencies and 30% bullish. Unusual trading activity includes 13 trades, with a notable preference for puts over calls. The options market targets a price range of $135.0 to $185.0 for JPM over the next 3 months. JPMorgan Chase, a major financial institution with nearly $4 trillion in assets, saw its stock price decrease by -0.84%, reaching $174.32. The next earnings report is scheduled in 59 days.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:16 pm

MELI

Benzinga's options scanner revealed significant activity in MercadoLibre (NASDAQ:MELI) options, with a bullish sentiment among big-money investors. A total of 23 unusual options trades were detected, with a split sentiment of 52% bullish and 47% bearish. The trades indicate a price target range for MELI between $1030.0 and $1800.0. The trading volume for MELI was 98,493, with the stock price down by -2.85%, currently at $1683.75. An earnings announcement is expected in 13 days.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:01 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 15.94% over the past 10 years, outperforming the market by 5.55%. An investment of $100 in MRVL a decade ago would be worth $438.87 today, with the company currently valued at a market capitalization of $58.44 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:00 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market with an average annual return of 78.36% over the past 5 years, turning a $100 investment into $1,810.77. The company now has a market capitalization of $9.23 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:00 pm

AAPL

The article provides an in-depth analysis of Apple Inc. (AAPL) compared to its competitors in the Technology Hardware, Storage & Peripherals industry. It highlights Apple's financial metrics, market position, and growth prospects, noting its lower PE ratio, higher PB and PS ratios, exceptional ROE, EBITDA, and gross profit, but lower revenue growth compared to the industry average. The analysis suggests Apple may be undervalued based on its PE ratio, but its high PB and PS ratios indicate the market's willingness to pay a premium for its assets and sales.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 4:00 pm