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PCAR

Over the past 5 years, PACCAR (NASDAQ:PCAR) has produced an average annual return of 20.81%, outperforming the market by 6.87% on an annualized basis. A $1000 investment in PCAR 5 years ago would be worth $2,708.22 today. PACCAR's market capitalization currently stands at $50.69 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:30 pm

RKLB

Rocket Lab USA, Inc. has announced through an SEC 8K filing that it is scheduled to deliver space vehicles for launch by 2027. The company will also operate the satellites through 2030, with an option to extend operations until 2033.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 9:26 pm

SF

Stifel Financial Corp. (NYSE:SF) reported an increase in total client assets by 6% and total fee-based assets by 7% for November 2023 compared to the previous month. The increase was attributed to strong equity and fixed income markets, as well as ongoing recruiting activities. Institutional Group revenues also improved due to increased investment banking activity. However, delays in M&A closings are still affecting revenue. The company cautions that the limited data provided should not be assumed to consistently correlate with earnings.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 9:14 pm

GLDD

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced that its MARAD Title XI Financing application for the offshore wind rock installation vessel, the Acadia, has been updated to 'Completed', signaling progress towards final approval. The company has a strong relationship with MARAD and is advancing in the U.S. offshore wind market. The Acadia, being built by Philly Shipyard, Inc., is a U.S.-flagged Jones Act compliant vessel, and one of only four in the world with its capabilities. Despite some market turbulence, Great Lakes has secured multiple U.S. contracts and continues to bid on projects, supporting the Biden Administration's renewable energy goals.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 9:13 pm

RYAN

Ryan Specialty (NYSE:RYAN) has signed an agreement to acquire Castel Underwriting Agencies from Arch Financial Holdings (UK) Limited and minority shareholders. Castel, with offices in the UK, Netherlands, and Belgium, brings a diverse portfolio of underwriting expertise to Ryan Specialty's MGU portfolio. The acquisition, which is expected to close in the first half of 2024, will expand Ryan Specialty's UK and European footprint and is part of their strategy to grow their total addressable market. Castel's operating revenue for the 12 months ended November 30, 2023, was approximately £35 million. Terms of the deal were not disclosed, and the closure is subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 9:09 pm

SONY

Over the past decade, Sony Group (NYSE:SONY) has yielded an average annual return of 18.26%, outperforming the market by 8.37%. A $100 investment in SONY 10 years ago would be worth $530.95 today. Sony's market cap stands at $113.29 billion, reflecting its significant growth and the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:01 pm

SYK

Over the past decade, Stryker (NYSE:SYK) has delivered an average annual return of 14.62%, outperforming the market by 4.73% on an annualized basis. A $100 investment in SYK stock 10 years ago would be worth $393.50 today. Stryker's market cap stands at $112.13 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:01 pm

ZTS

Over the past 10 years, Zoetis (NYSE:ZTS) has produced an average annual return of 19.55%, outperforming the market by 9.69% on an annualized basis. A $100 investment in ZTS a decade ago would be worth $600.51 today. Zoetis currently has a market cap of $88.38 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 8:30 pm

ABBV

Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 11.12%, outperforming the market. A $100 investment in ABBV a decade ago would be worth $290.37 today. AbbVie's market capitalization currently stands at $268.50 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 8:30 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market, with an average annual return of 42.6% over the past 15 years. A $100 investment in DXCM 15 years ago would be worth $20,510.46 today. The company's current market capitalization stands at $46.77 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 8:00 pm