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AAPL

The article provides an analysis of Apple Inc. (NASDAQ:AAPL) in comparison to its competitors in the Technology Hardware, Storage & Peripherals industry. It highlights Apple's financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Apple's P/E ratio is below the industry average, suggesting potential value, while its P/B and P/S ratios are significantly higher, indicating a premium valuation. Apple's ROE is substantially above the industry average, reflecting efficient profit generation. However, Apple's revenue growth is lower than the industry average, signaling a potential decline in sales performance. The article also notes Apple's moderate debt-to-equity ratio compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 4:00 pm

CLSK

MARA

RIOT

Shares of Bitcoin miners Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT), and CleanSpark Inc (CLSK) are rising as Bitcoin's price climbs above $42,000. The increase is attributed to optimism about a potential spot Bitcoin ETF and expectations of rate cuts from the Federal Reserve in 2024. At the time of publication, MARA, RIOT, and CLSK stocks have seen significant gains.

Portfolio Pulse from Adam Eckert

December 05, 2023 | 3:31 pm

BTCUSD

Taiwan's Financial Supervisory Commission (FSC) is taking a cautious approach to cryptocurrency ETFs due to the volatility of the crypto market. The FSC plans to research foreign cryptocurrency futures products and ETFs before easing regulations. The SEC's review of a Bitcoin spot ETF and Bitcoin's value surge have sparked interest in Taiwan for similar financial products. Internationally, exchanges like the Chicago Mercantile Exchange, Intercontinental Exchange, and others have listed various cryptocurrency futures and ETFs. Taiwan may consider 'cryptocurrency concept ETFs' focusing on related companies rather than direct cryptocurrency price linkage.

Portfolio Pulse from Murtuza Merchant

December 05, 2023 | 3:30 pm

CPRT

Over the past 20 years, Copart (NASDAQ:CPRT) has delivered an average annual return of 21.61%, outperforming the market. A $100 investment in CPRT 20 years ago would be worth $5,060.47 today. Copart currently has a market cap of $46.62 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:30 pm

MMSI

Merit Medical Systems Inc (NASDAQ:MMSI) stock dropped 9.5% after announcing a plan to offer $550 million in Convertible Senior Notes due 2029. The notes will be senior unsecured obligations, convertible into cash, stock, or a combination. The interest rate will be set upon pricing. Proceeds will be used for corporate purposes, including potential acquisitions, though no specific acquisition plans are disclosed.

Portfolio Pulse from Henry Khederian

December 05, 2023 | 3:25 pm

INTR

Inter&Co, a financial services company, has surpassed 30 million clients, indicating significant growth and progress towards its five-year business plan. This milestone suggests a strong market presence and potential for future expansion.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:05 pm

WCN

Waste Connections (NYSE:WCN) has delivered an average annual return of 15.92% over the past 20 years, outperforming the market. A $1000 investment in WCN 20 years ago would be worth $19,197.16 today. The company's current market capitalization is $35.93 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:00 pm

LULU

Over the past 10 years, Lululemon Athletica (NASDAQ:LULU) has produced an average annual return of 20.76%, outperforming the market by 11.09% on an annualized basis. A $100 investment in LULU a decade ago would be worth $648.14 today. Lululemon Athletica currently has a market capitalization of $57.50 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:00 pm

HBARUSD

Hedera's cryptocurrency (HBAR) has seen a 3.5% increase in price over the past 24 hours, reaching $0.06, and a 6.0% gain over the past week. The coin's all-time high is $0.57. Trading volume for HBAR has risen by 41.0% in the past week, and the circulating supply has slightly increased to 33.56 billion, which is 67.13% of the max supply. Hedera currently ranks #35 in market cap with a value of $2.16 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:00 pm

RUNEUSD

THORChain's cryptocurrency, RUNE, has seen a price decrease of 3.86% in the last 24 hours, now at $6.29, despite a 10% increase over the past week. The trading volume has dropped by 40%, and the circulating supply has slightly decreased. The current market cap ranks RUNE at #39 with $1.89 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:00 pm