Streetbeat News

Assets

COR

Cencora (NYSE:COR) has outperformed the market over the past 5 years, producing an average annual return of 15.64%. If an investor had bought $1000 of COR stock 5 years ago, it would be worth $2,067.86 today.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:30 pm

HCA

HCA Healthcare (NYSE:HCA) has outperformed the market over the past 10 years by 8.12% on an annualized basis, producing an average annual return of 17.08%. If an investor had bought $1000 of HCA stock 10 years ago, it would be worth $4,709.05 today.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:30 pm

OSTK

An option alert has been issued for Overstock.com with January 2026 $30 calls sweep near the ask price. The volume is 400 at $4.828 against an open interest of 1128. The reference price is $15.76.

Portfolio Pulse from Charles Gross

October 31, 2023 | 4:30 pm

EIS

SPY

USO

VGK

The World Bank has predicted on CNBC that oil prices could reach $157 per barrel if conflicts in the Middle East escalate. This could impact various ETFs including EIS (iShares MSCI Israel ETF), SPY (SPDR S&P 500 ETF Trust), USO (United States Oil Fund), and VGK (Vanguard FTSE Europe ETF).

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:08 pm

SPY

USO

The U.S. Energy Information Administration reported that U.S. crude oil production in August increased by 0.7% to 13.05 million barrels per day, setting a new monthly record.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:05 pm

TLT

TSLA

The U.S. Treasury's announcement of borrowing $1.592T over six months is causing investors to buy stocks. However, the details of the Treasury's issuance, which could significantly impact yields and bonds, are yet to be announced. Tesla's stock is trading below $200 due to lower than expected earnings from ON Semiconductor Corp, a supplier of silicon carbide chips for electric vehicles, and Panasonic Holdings Corp cutting battery production. This has also impacted other EV stocks and lithium stocks. Earnings from Caterpillar Inc., Pfizer Inc., Amgen, Inc., and BP plc are lower than expected. Bank Of Japan is abandoning strict yield control, which could negatively impact the U.S. stock market in the long term. China's factory activity has returned to contraction, and Eurozone inflation eases.

Portfolio Pulse from The Arora Report

October 31, 2023 | 4:01 pm

BKR

The article provides a comprehensive comparison of Baker Hughes (NASDAQ:BKR) with its competitors in the Energy Equipment & Services industry. The analysis includes financial metrics, market position, and growth prospects. Baker Hughes shows potential for growth with a lower than average Price to Earnings ratio and is potentially undervalued based on its Price to Book and Price to Sales ratios. However, its Return on Equity is below the industry average. The company's EBITDA and gross profit are higher than the industry average, indicating strong profitability and robust cash flow. Its revenue growth is also higher than the industry average.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:00 pm

SNPS

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 5 years, producing an average annual return of 39.01%. If an investor had bought $100 of SNPS stock 5 years ago, it would be worth $521.60 today.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:00 pm

BDX

Becton Dickinson (NYSE:BDX) has outperformed the market over the past 20 years, producing an average annual return of 10.3%. If an investor had bought $1000 of BDX stock 20 years ago, it would be worth $7,077.64 today.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:00 pm

MMC

Marsh & McLennan (NYSE:MMC) has outperformed the market over the past 10 years by 6.27% on an annualized basis, producing an average annual return of 15.24%. If an investor had bought $1000 of MMC stock 10 years ago, it would be worth $4,117.55 today.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 3:30 pm