Streetbeat News

Assets

ARM

The article provides a detailed comparison of ARM Holdings with its competitors in the Semiconductors & Semiconductor Equipment industry. ARM Holdings has a high PE ratio, PB ratio, and PS ratio, indicating that the stock is trading at a premium. However, the company has a low ROE, EBITDA, gross profit, and revenue growth, suggesting potential inefficiencies and lower profitability. ARM Holdings also has a lower debt-to-equity ratio compared to its top 4 peers, indicating a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 4:00 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 5 years, producing an average annual return of 15.87%. If an investor had bought $100 of MCHP stock 5 years ago, it would be worth $210.95 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 4:00 pm

BTCUSD

Cryptocurrency services firm Matrixport predicts that Bitcoin (BTC) may rise to $56,000 by the end of the year, suggesting a potential 'Santa Claus Rally' in the crypto sector. This prediction is based on Bitcoin's historical performance and potential future outcomes. The firm's Head of Research and Strategy, Markus Thielen, projects a 65% increase by the end of the year, which would place Bitcoin's value above $65,000. This analysis is based on 13 years of Bitcoin history.

Portfolio Pulse from Murtuza Merchant

November 02, 2023 | 3:55 pm

HD

Home Depot (NYSE:HD) has outperformed the market over the past 20 years, producing an average annual return of 10.91%. If an investor had bought $1000 of HD stock 20 years ago, it would be worth $7,908.26 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:30 pm

CNQ

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years, producing an average annual return of 13.52%. If an investor had bought $100 of CNQ stock 20 years ago, it would be worth $1,273.54 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:30 pm

NEE

A significant investor has taken a bearish stance on NextEra Energy (NYSE:NEE), with 70% of recent trades being bearish. The trades include 5 puts totaling $384,000 and 5 calls totaling $353,270. The targeted price range for NextEra Energy over the last 3 months has been $50.0 to $67.5. The current price of NEE is up 2.96% at $60.16, and the next earnings are expected in 83 days.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:03 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 4.42% on an annualized basis, producing an average annual return of 11.7%. If an investor had bought $100 of PXD stock 20 years ago, it would be worth $907.65 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:00 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price rose 7.29% to $4.67 in the past 24 hours, continuing its positive trend over the past week with a 12.0% gain. The coin's trading volume has climbed 9.0% over the past week and the circulating supply has increased 0.42% to 1.29 billion. The current market cap ranking for DOT is #15 at $6.03 billion.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:00 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has increased by 7.11% over the past 24 hours to $0.31. Over the past week, ADA has seen an uptick of over 7.0%, moving from $0.29 to its current price. The trading volume for the coin has climbed 9.0% over the past week, while the overall circulating supply of the coin has decreased 0.63% to 34.92 billion, which makes up an estimated 77.61% of its max supply of 45.00 billion. The current market cap ranking for ADA is #9 at $10.75 billion.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:00 pm

ON

ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 10 years by 15.67% on an annualized basis, producing an average annual return of 24.91%. If an investor had bought $100 of ON stock 10 years ago, it would be worth $912.02 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:00 pm