Streetbeat News

Assets

AVGO

Broadcom (NASDAQ:AVGO) has significantly outperformed the market with an average annual return of 34.64% over the past 5 years. An investment of $1000 in AVGO 5 years ago would be worth $4,472.71 today. The company's market capitalization stands at $524.79 billion, highlighting its substantial growth and the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:00 pm

LEN

Over the past 10 years, Lennar (NYSE:LEN) has produced an average annual return of 14.29%, outperforming the market by 4.41% on an annualized basis. A $1000 investment in LEN a decade ago would now be worth $3,782.85. Lennar's market capitalization currently stands at $42.19 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 4:30 pm

WST

West Pharmaceutical Servs (NYSE:WST) has significantly outperformed the market, with an average annual return of 21.63% over the past 15 years. A $100 investment in WST 15 years ago would be worth $1,977.33 today. The company's current market capitalization stands at $26.26 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 4:30 pm

SHIBUSD

Shiba Inu's (CRYPTO: SHIB) burn rate has spiked over 5000% in the past 24 hours with 53 million SHIB tokens removed from circulation. Two anonymous addresses burned 50 million SHIB in two transactions. SHIB whales have been active, with 47 large transactions noted. Since October, over 30,000 new non-zero SHIB addresses have been created, indicating increased engagement. Analyst Ali Martinez reported a withdrawal of over 8 trillion SHIB from exchange wallets since November. SHIB is currently trading at $0.000010, down 0.24%.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 4:08 pm

MPC

Over the past 5 years, Marathon Petroleum (NYSE:MPC) has delivered an average annual return of 20.97%, outperforming the market. A $1000 investment in MPC 5 years ago would now be worth $2,552.79. The company currently has a market cap of $57.28 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 4:00 pm

ADSK

Autodesk (NASDAQ:ADSK) is evaluated against its competitors in the Software industry. With a P/E ratio lower than the industry average, it may be undervalued. However, its P/B ratio is high, indicating a premium on its assets. Autodesk's P/S ratio suggests potential undervaluation based on sales. Its ROE is strong, but EBITDA and gross profit are below industry average, indicating possible lower profitability. Revenue growth is also below the industry average, suggesting a challenging sales environment. Autodesk's D/E ratio is moderate among its peers.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 4:00 pm

BTCUSD

ETHUSD

Crypto analyst Michaël van de Poppe suggests Ethereum (ETH) is poised for a strong quarter, historically its best, as the Bitcoin (BTC) halving event in April 2024 approaches. He notes that market sentiment has been skewed towards Bitcoin due to the anticipation of spot ETF approvals, but expects Ethereum to gain traction, especially with its transition from Proof-of-Work to Proof-of-Stake. The upcoming Dencun network upgrade is also expected to contribute to Ethereum's growth. Bitwise predicts Ethereum's fees will double in 2024, and Glassnode cofounders target a $2.5k to $2.7k price range for ETH.

Portfolio Pulse from Khyathi Dalal

December 25, 2023 | 3:33 pm

NVDA

NVIDIA (NASDAQ:NVDA) has significantly outperformed the market, with an average annual return of 70.98% over the past 5 years. A $1000 investment in NVDA stock 5 years ago would be worth $14,890.60 today. NVIDIA's market capitalization currently stands at $1.21 trillion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 3:30 pm

DOTUSD

Polkadot (CRYPTO: DOT) has seen a 3.01% increase in price over the last 24 hours, reaching $9.19. Over the past week, DOT has surged 39.0%, rising from $6.6. Despite the recent gains, it is still well below its all-time high of $54.98. The trading volume has increased by 186.0% over the past week, while the circulating supply slightly decreased by 0.11%, now standing at 1.31 billion. Polkadot's market cap is currently ranked #12, valued at $12.05 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 3:03 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a significant price increase of 5.46% in the last 24 hours, reaching $3.96. Over the past week, the cryptocurrency has surged over 85%, climbing from $2.14. Despite the recent gains, it is still well below its all-time high of $20.44. The trading volume has increased by 169% over the past week, while the circulating supply slightly decreased by 0.05%, now standing at 1.01 billion coins. NEAR Protocol currently holds the 24th position in market cap rankings, with a total market cap of $3.98 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 3:02 pm