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ACGL

Arch Capital Group (NASDAQ:ACGL) has delivered an average annual return of 15.26% over the past 20 years, outperforming the market by 7.69%. An initial investment of $1000 in ACGL 20 years ago would be worth $17,234.48 today. The company currently has a market capitalization of $31.09 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:30 pm

BTCUSD

ETHUSD

XRPUSD

Cryptocurrency influencer Lark Davis predicts Bitcoin could reach $150K in the next bull market, emphasizing the role of ETFs in bringing liquidity. He shared his exit strategy, highlighting the importance of planning and managing risk, especially with altcoins and Ethereum, which he plans to fully exit.

Portfolio Pulse from Ivan Crnogatić

February 02, 2024 | 9:17 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has significantly outperformed the market in the last 5 years, with an annualized return of 32.0%, growing a $100 investment to $402.37. The company's market capitalization stands at $6.67 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

CVE

Cenovus Energy (NYSE:CVE) has delivered an average annual return of 15.35% over the past 5 years, outperforming the market by 2.72% on an annualized basis. A $100 investment in CVE 5 years ago would be worth $206.03 today. The company's market capitalization stands at $30.22 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:00 pm

AVAXUSD

Avalanche (AVAX) experienced a 7% increase in its trading session on Friday, ahead of its largest token unlock scheduled for the last week of February. The unlock will release 9.5 million AVAX, worth approximately $322 million. This event marks the largest token unlock for Avalanche, with 57.7% of AVAX already in circulation. Over the past week, Avalanche's price has increased by 10.2%, and its NFT sector is seeing rapid growth with new projects. Former White House Communications Director Anthony Scaramucci mentioned Avalanche as part of his portfolio, describing it as a high-quality asset. Market analysts predict a bullish future for AVAX, with targets ranging from $230 to $285.

Portfolio Pulse from Khyathi Dalal

February 02, 2024 | 8:58 pm

KRE

NYCB

Veteran value investor Tim Melvin remains bullish on regional banks despite their worst performance since March 2023, citing 'ridiculously cheap valuations' as a buying opportunity. Melvin specifically addressed the sell-off of New York Community Bancorp (NYCB), which fell 42%, and the broader sector, as represented by the SPDR S&P Regional Banking ETF (KRE), which fell 7%. He highlighted the unique situation of NYCB due to its systemic bank status and stricter regulations. Melvin also discussed the divergent impact of commercial real estate exposure and predicted a loan reset that would benefit small-town real estate. He criticized the pessimism surrounding regional bank stocks and sees consolidation within the banking sector as a necessary evolution.

Portfolio Pulse from Piero Cingari

February 02, 2024 | 8:47 pm

ROST

Ross Stores (NYSE:ROST) has seen a decrease in short interest, with the short percent of float falling 5.71% since the last report, now at 1.32% of all shares available for trading. This indicates a potential shift in market sentiment towards the stock, as a decrease in short interest can signal increased bullishness among investors. Ross Stores has a lower short interest compared to its peer group average of 16.28%, suggesting less bearish sentiment towards ROST compared to its peers.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 8:45 pm

KHC

Kraft Heinz (NYSE:KHC) has seen a 6.83% increase in short interest since its last report, with 26.68 million shares sold short, representing 2.97% of its float. This indicates a bearish sentiment among investors, although it's not a definitive predictor of stock performance. Compared to its peers, KHC has a lower short interest percentage of 2.97% versus the peer group average of 4.51%, suggesting less bearish sentiment relative to its peers.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 8:45 pm

CPT

Camden Prop Trust (NYSE:CPT) has seen a 5.11% increase in its short percent of float since the last report, with 2.19 million shares sold short, representing 2.88% of available shares. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a price drop. Camden Prop Trust has a higher short interest than its peer group average of 2.78%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 8:45 pm

FERG

Over the past 5 years, Ferguson (NYSE:FERG) has delivered an average annual return of 22.66%, outperforming the market by 10.0% annually. A $1000 investment in FERG 5 years ago would now be worth $2,777.04, showcasing the impact of compounded returns on investment growth. Ferguson's current market capitalization stands at $38.60 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 8:30 pm