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BEPC

ENIC

PAM

SPH

TAC

Benzinga Insights identifies five notable value stocks in the utilities sector based on low P/E multiples, indicating potential undervaluation. Enel Chile (ENIC), TransAlta (TAC), Pampa Energia (PAM), Brookfield Renewable (BEPC), and Suburban Propane Partners (SPH) are highlighted for their attractive valuations and recent financial performance, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:38 pm

BTCUSD

BTTUSD

CSPRUSD

ETHUSD

Bitcoin (BTC) and Ethereum (ETH) saw price increases, with BTC surpassing $44,000 and ETH above $2,200. BitTorrent (New) (BTT) was the top gainer, while Casper (CSPR) was the biggest loser in the last 24 hours. The global crypto market cap increased by 4.2% to $1.6 trillion. The ADP data showed U.S. private businesses hired fewer workers than expected in November.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 2:33 pm

GILD

Over the past 20 years, Gilead Sciences (NASDAQ:GILD) has produced an average annual return of 12.88%, outperforming the market. A $1000 investment in GILD 20 years ago would be worth $11,293.11 today. Gilead Sciences currently has a market cap of $98.54 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:30 pm

SGRY

Surgery Partners, Inc. has successfully completed a refinancing transaction through its subsidiary, Surgery Center Holdings, Inc., securing commitments for a new $1.4 billion senior secured term loan. This refinancing could improve the company's debt profile and potentially lower interest expenses.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:18 pm

TXN

Over the past 10 years, Texas Instruments (NASDAQ:TXN) has produced an average annual return of 13.74%, outperforming the market by 3.99% on an annualized basis. A $100 investment in TXN a decade ago would be worth $360.83 today. Texas Instruments currently has a market cap of $142.82 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:00 pm

CTAS

Cintas (NASDAQ:CTAS) has delivered an impressive average annual return of 26.45% over the past 5 years, outperforming the market by 14.8%. A $100 investment in CTAS 5 years ago would be worth $321.25 today. Cintas currently holds a market cap of $56.13 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:00 pm

AFCG

REFI

Zuanic & Associates initiated coverage of Chicago Atlantic Real Estate Finance Inc. (REFI) with an Overweight rating, highlighting its unique position as a capital provider to the cannabis industry with high Yield-to-Maturity rates due to a capital supply-demand imbalance. REFI's core business is providing senior loans to state-licensed cannabis operators, and it is managed by Chicago Atlantic REIT Manager LLC. The cannabis sector's limited banking access and potential federal reform could expand REFI's opportunities. REFI has a competitive advantage with shorter loan durations, lower loan-to-value ratios, and a modest debt leverage. It is compared favorably to AFC Gamma Inc. (AFCG), with expectations of annual loan book growth of 10% and a robust dividend yield.

Portfolio Pulse from Nicolás Jose Rodriguez

December 06, 2023 | 1:57 pm

USO

Oil prices have entered a bear market, with Brent crude and Nymex West Texas Intermediate hitting five-month lows due to concerns that OPEC+ production cuts won't offset a potential demand drop from a global economic slowdown. Brent crude is down 21.9% from its September peak, and WTI is down 24.5%. The United States Oil Fund (USO) has also declined, falling 18.9% from its recent peak. OPEC+ struggles with internal agreement on output cuts, and U.S. oil stockpiles are growing, further pressuring prices. Economic growth concerns in the U.S. and Europe, contrasted with China's recovery efforts, add to the demand uncertainty.

Portfolio Pulse from Neil Dennis

December 06, 2023 | 1:52 pm

LRE

Lead Real Estate has announced the sale of a 17-unit luxury condominium in Tokyo. The financial details of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:37 pm

SPY

U.S. exports for October amounted to $258.80 billion, a slight decrease from the previous figure of $261.10 billion.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:32 pm