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SYK

Stryker (NYSE:SYK) has delivered an average annual return of 15.89% over the past 10 years, outperforming the market by 5.11% on an annualized basis. An investment of $1000 in SYK stock 10 years ago would be worth $4,439.42 today, showcasing the impact of compounded returns over time. Stryker's current market capitalization stands at $129.88 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

STXUSD

Cryptocurrency Stacks (STX) experienced a 3.68% increase in price over the last 24 hours, reaching $1.54. This rise is part of a positive trend over the past week, with a 1.0% gain from $1.52. Despite the increase, trading volume for STX has decreased by 32.0% over the past week, while its circulating supply rose by 0.58% to 1.44 billion, 79.07% of its max supply. STX's market cap is currently ranked #43 at $2.21 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 7:00 pm

MED

Over the past 15 years, Medifast (NYSE:MED) has delivered an average annual return of 14.06%, outperforming the market by 1.79% on an annualized basis. With a current market capitalization of $596.48 million, a $100 investment in MED 15 years ago would be worth $682.73 today. This showcases the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:30 pm

MOH

Molina Healthcare (NYSE:MOH) has significantly outperformed the market with an average annual return of 24.78% over the past 15 years, turning a $1000 investment into $26,903.71 today. The company's market capitalization stands at $20.71 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:30 pm

SPY

UNG

USO

The latest U.S. Baker Hughes Oil Rig Count report shows no change in oil rigs, remaining at 117, while the gas rig count decreased by 2 to 499 from last week.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 6:28 pm

USO

XLE

The Biden administration has been strategically buying crude oil to replenish the Strategic Petroleum Reserve (SPR) as prices fell, capitalizing on lower prices to recover stocks depleted in 2022 after a release aimed at stabilizing the market post-Russia's invasion of Ukraine. The Department of Energy (DOE) reported purchasing 20.13 million barrels at an average price of $76.12, with plans to buy more. This move, alongside coordinated international releases, helped reduce gasoline prices significantly. However, the success of this strategy in the long term depends on various factors, including geopolitical developments and domestic policies.

Portfolio Pulse from Neil Dennis

February 02, 2024 | 6:09 pm

BTCUSD

ETHUSD

Bloomberg Intelligence ETF analyst James Seyffart predicts a 60% chance of spot Ethereum ETFs being approved in 2024, following the significant approval of spot Bitcoin ETFs in the United States. Seyffart highlights the efficiency and investment benefits of spot ETFs over futures ETFs and expresses cautious optimism for Ethereum ETFs, despite less confidence compared to Bitcoin ETF approvals. He also mentions political influences on the SEC's decision-making process.

Portfolio Pulse from Murtuza Merchant

February 02, 2024 | 6:07 pm

SHEL

Financial analysts have observed a significant bullish trend in options trading for Shell (NYSE:SHEL), with 54% of trades being bullish. The analysis highlighted 11 unusual trades, with a focus on a price range between $60.0 and $72.5 for Shell's stock. The largest trades included both puts and calls, with varying sentiments. Shell, a major oil and gas company, saw its stock price decrease by -1.12%, with a current price of $63.36. The company's next earnings report is expected in 90 days.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:02 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market with an annualized return of 50.54% over the past 5 years, turning a $100 investment into $778.10. The company's market capitalization stands at $8.45 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:00 pm

AMP

Over the past 10 years, Ameriprise Financial (NYSE:AMP) has outperformed the market with an average annual return of 13.96%, turning a $1000 investment into $3,773.13 today. The company currently has a market capitalization of $38.68 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 6:00 pm