Streetbeat News

Assets

AGCO

BAER

DAC

NMM

Benzinga Insights has identified five value stocks in the industrials sector based on their low P/E ratios, suggesting they may be undervalued. The stocks are AGCO, Danaos, Bridger Aerospace Gr, Navios Maritime Partners, and Hyster-Yale Materials. Each company's recent earnings and dividend yields are also highlighted, with some showing decreases in earnings but increases in dividend yields compared to the previous quarter.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 2:46 pm

ADSK

Over the past 10 years, Autodesk (NASDAQ:ADSK) has delivered an average annual return of 16.84%, outperforming the market. A $1000 investment in ADSK a decade ago would be worth $4,765.77 today. Autodesk's market cap stands at $50.83 billion, highlighting the significant growth and compounded returns the company has achieved over this period.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 2:33 pm

MNST

Monster Beverage (NASDAQ:MNST) has delivered an average annual return of 17.33% over the past 10 years, outperforming the market by 7.34% on an annualized basis. A $100 investment in MNST a decade ago would be worth $496.20 today. Monster Beverage's market cap stands at $57.74 billion.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 2:32 pm

BTCUSD

ETHUSD

LUNCUSD

STXUSD

Bitcoin (BTC) saw a slight increase despite trading below the $43,000 level, while Ethereum (ETH) experienced a minor decline, staying above $2,200. Stacks (STX) emerged as the top gainer with a 21.3% rise over the past 24 hours, whereas Terra Classic (LUNC) was the biggest loser with an 11% drop. The US current account deficit narrowed in Q3, and the global crypto market cap saw a marginal 0.01% increase. Other notable crypto gainers include NEAR Protocol (NEAR), Mina (MINA), Sui (SUI), and VeChain (VET), while losers include Bonk (BONK), SATS (1000SATS), Terra (LUNA), and Osmosis (OSMO).

Portfolio Pulse from Avi Kapoor

December 20, 2023 | 2:32 pm

PSHG

Performance Shipping Inc. (NASDAQ:PSHG) has signed contracts for the construction of two new LNG-ready, scrubber-fitted Tier III LR2 tankers, with deliveries scheduled for January and April of 2026. The vessels, costing $64,845,000 each, will be built by CSTC and SWS in China. This move is part of the company's fleet expansion and renewal strategy, following the sale of two older tankers in 2022 and 2023. The new tankers will feature advanced engines and emission control systems, positioning the company to benefit from expected low tanker fleet growth and high seaborne trade demand.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 2:29 pm

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) shares are rising after HC Wainwright & Co. analyst Kevin Dede maintained a Buy rating and increased the price target from $20 to $24. The boost follows Marathon's announcement of a definitive agreement to acquire two Bitcoin mining sites for $178.6 million, which will add 390 megawatts to its capacity. The acquisition is expected to close in Q1 2024 and will be funded with cash. The rise in Marathon's shares also correlates with the increase in Bitcoin's price, which is up 1.71% at $43,633 and 160% since the year's start.

Portfolio Pulse from Adam Eckert

December 20, 2023 | 2:24 pm

TRNO

Terreno Realty Corporation (NYSE:TRNO) sold an industrial property in West Caldwell, NJ for $17.8 million, which was originally purchased for $6.8 million in 2013. The property, a 93,000 square foot industrial distribution building, is fully leased to two tenants and generated an 11.2% internal rate of return for Terreno.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 2:15 pm

Agilent Technologies (NYSE:A) has delivered an average annual return of 15.82% over the past 15 years, outperforming the market. A $100 investment in Agilent Technologies 15 years ago would be worth $897.24 today. The company's current market capitalization stands at $40.81 billion.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 2:00 pm

ETN

Eaton Corp (NYSE:ETN) has delivered an average annual return of 11.47% over the past 20 years, outperforming the market. A $100 investment in ETN 20 years ago would be worth $885.01 today. Eaton Corp's market capitalization currently stands at $95.19 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 2:00 pm

CCOEY

DSNKY

EWJ

HMC

NMR

NSANY

SONY

UBS AG is reinstating its equity strategist role for Japan, indicating a growing interest in Japanese equities. JP Morgan also sees potential in the market. The iShares MSCI Japan Index Fund (EWJ) provides exposure to this market. BlackRock identifies Japan as a beneficiary of global fragmentation and notes the outperformance of companies with low price-to-book ratios. Stocks with low P/B ratios like Nissan (NSANY), Honda (HMC), and Nomura (NMR) have shown strong returns, while those with high P/B ratios like Capcom (CCOEY), Daiichi Sankyo (DSNKY), and Sony (SONY) have mixed performance.

Portfolio Pulse from Surbhi Jain

December 20, 2023 | 1:38 pm