Streetbeat News

Assets

MA

Over the past 10 years, Mastercard (NYSE:MA) has delivered an average annual return of 18.34%, outperforming the market by 8.73% on an annualized basis. A $100 investment in Mastercard a decade ago would be worth $539.17 today. Mastercard's market capitalization currently stands at $382.75 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 5:00 pm

IBN

Over the past 10 years, ICICI Bank (NYSE:IBN) has produced an average annual return of 13.54%, outperforming the market by 3.92% on an annualized basis. With a current market capitalization of $77.94 billion, a $1000 investment in IBN stock a decade ago would be worth $3,465.12 today. The article highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 5:00 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market with an average annual return of 25.08% over the past decade. An investment of $1000 in NFLX stock 10 years ago would now be worth $9,509.08. The company's current market capitalization stands at $208.27 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:30 pm

ITB

XLRE

Morgan Stanley predicts a 3-5% drop in home prices in 2024, indicating a shift towards more affordable housing as mortgage rates ease. Freddie Mac reports the average 30-year fixed mortgage rate at 7.44%. Homeowners' reluctance to sell low-rate mortgages has led to the least affordable market since the 1980s. Goldman Sachs expects a modest 3% price drop by end of 2024. Real estate stocks, including REITs, have seen a positive trend in November, with the Real Estate Select Sector SPDR Fund (XLRE) up nearly 10%, and the U.S. iShares Home Construction ETF (ITB) up nearly 19%.

Portfolio Pulse from Piero Cingari

November 21, 2023 | 4:06 pm

CME

CME Group Inc (NASDAQ:CME) is analyzed in comparison to its competitors in the Capital Markets industry. The analysis includes financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. CME Group, with its strong market position and growth prospects, shows potential for growth at a reasonable price, with a P/E ratio below the industry average. However, its P/S ratio suggests potential overvaluation relative to sales. The company's lower ROE indicates possible inefficiency in profit generation, but its higher EBITDA and gross profit suggest strong profitability and cash flow. CME Group's revenue growth surpasses the industry average, indicating market share gains. The company also has a lower debt-to-equity ratio compared to its top 4 peers, suggesting a strong financial position.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

V

Over the past 15 years, Visa (NYSE:V) has delivered an average annual return of 21.84%, outperforming the market by 10.39%. A $1000 investment in Visa 15 years ago would now be worth $20,316.58. Visa's current market capitalization stands at $512.31 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

EFX

Over the past 10 years, Equifax (NYSE:EFX) has delivered an average annual return of 11.96%, outperforming the market by 2.35% on an annualized basis. A $100 investment in EFX a decade ago would be worth $307.79 today. Equifax currently has a market cap of $25.82 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

BLK

BlackRock (NYSE:BLK) has seen a 13.45% decrease in short interest since its last report, with 1.51 million shares sold short, representing 1.03% of available shares. The average time to cover these short positions is 2.28 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. BlackRock's short interest is below its peer group average of 3.23%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:00 pm

F

Ford Motor Company is scaling back its plans for a $3.5 billion battery plant in Michigan due to disappointing electric vehicle (EV) demand and rising labor costs. The production capacity is being cut by approximately 43% to 20 gigawatt hours per year, and the expected employment is being reduced from 2,500 to 1,700 jobs.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 3:52 pm

BNBUSD

FUTU

Crypto exchange OKX has applied for a virtual asset trading platform (VATP) license in Hong Kong through its branch OKX Hong Kong FinTech. The application aims to position Hong Kong as a key cryptocurrency hub. OKX's application follows PantherTrade's, which is linked to Futu Holdings. The new SFC regulations in Hong Kong mandate licensing for exchanges and allow them to serve retail investors. Other companies, including HTX and Crypto.com, are also interested in applying, while Binance is seeking a license through HKVAEX.

Portfolio Pulse from Murtuza Merchant

November 21, 2023 | 3:32 pm