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PH

Over the past 15 years, Parker Hannifin (NYSE:PH) has produced an average annual return of 18.99%, outperforming the market by 6.35% on an annualized basis. A $1000 investment in PH stock 15 years ago would be worth $12,778.70 today. The company's current market capitalization stands at $54.98 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 6:00 pm

ETHUSD

On Tuesday, 7,771.17 Ether (ETH) valued at approximately $15.65 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -8.86% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 6:00 pm

SNY

Sanofi is consulting with Rothschild & Co. to prepare for a potential spinoff of its over $20 billion-valued consumer health division, with private equity firms showing interest in the unit.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:54 pm

SNPS

Over the past 15 years, Synopsys (NASDAQ:SNPS) has significantly outperformed the market, yielding an average annual return of 27.05%. A $100 investment in SNPS 15 years ago would now be worth $3,485.18. Synopsys currently has a market cap of $82.28 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:30 pm

CI

Over the past 15 years, Cigna Group (NYSE:CI) has produced an average annual return of 26.02%, outperforming the market. A $1000 investment in CI 15 years ago would be worth $26,202.21 today. Cigna Group currently has a market cap of $85.02 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:00 pm

FICO

Over the past 10 years, Fair Isaac (NYSE:FICO) has delivered an average annual return of 33.48%, outperforming the market by 23.83%. A $100 investment in FICO a decade ago would be worth $1,786.72 today. Fair Isaac currently has a market cap of $25.38 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:00 pm

AMP

Morgan Stanley has maintained its Equal-Weight rating on Ameriprise Financial (NYSE:AMP) and increased its price target from $360.00 to $365.00. Ameriprise Financial's shares are slightly up, and the new target suggests a potential 6.44% upside. The company, with $1.3 trillion in assets under management, generates 80% of its revenue from asset and wealth management, and has reduced its insurance exposure.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 5:00 pm

ARKK

COIN

Cathie Wood of Ark Invest predicts Bitcoin could reach $1.5M in a bull case scenario. She remains bullish despite the FTX bankruptcy, highlighting Bitcoin's decentralized nature. Wood also suggests a spot Bitcoin ETF could boost Bitcoin's price by simplifying investment access. Ark's top holding in ARKK is Coinbase, which faces an SEC lawsuit. Wood is confident Coinbase would appeal any negative ruling to the Supreme Court. Bitcoin is up 119% YTD.

Portfolio Pulse from Adam Eckert

November 15, 2023 | 4:38 pm

EA

Over the past 10 years, Electronic Arts (NASDAQ:EA) has produced an average annual return of 19.09%, outperforming the market by 9.41% on an annualized basis. A $100 investment in EA a decade ago would be worth $554.62 today. EA's market capitalization currently stands at $35.98 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:30 pm

MDB

MongoDB (NASDAQ:MDB) has significantly outperformed the market with an average annual return of 41.7% over the past 5 years. An initial investment of $1000 in MDB 5 years ago would now be worth $5,463.82. The company's current market capitalization stands at $28.55 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 4:00 pm