Streetbeat News

Assets

COST

A significant bearish stance has been taken on Costco Wholesale (NASDAQ:COST) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $515.0 to $575.0 for Costco Wholesale over the last 3 months. Analysts from BMO Capital and Argus Research maintain their positive ratings on Costco, while HSBC and Telsey Advisory Group have downgraded their ratings.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 4:01 pm

ASML

The article provides a comprehensive comparison of ASML Holding (NASDAQ:ASML) with its competitors in the Semiconductors & Semiconductor Equipment industry. ASML's P/E ratio is lower than the industry average, suggesting potential growth. However, its P/B and P/S ratios are higher than the industry average, indicating possible overvaluation. The company's ROE, EBITDA, gross profit, and revenue growth are higher than its peers, indicating strong financial performance.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 4:00 pm

FI

Over the past 10 years, Fiserv (NYSE:FI) has outperformed the market by 6.19% on an annualized basis, producing an average annual return of 15.76%. If an investor had bought $1000 of FI stock 10 years ago, it would be worth $4,342.88 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 4:00 pm

URI

United Rentals (NYSE:URI) has outperformed the market over the past 20 years by 10.44% on an annualized basis, producing an average annual return of 17.78%. If an investor had bought $100 of URI stock 20 years ago, it would be worth $2,658.21 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 4:00 pm

BP

BP plc shares are trading higher due to rising crude oil prices following U.S. sanctions on two Russian oil shipping companies and supply uncertainty caused by the Israel-Hamas conflict. The geopolitical conflicts can lead to concerns about the stability of oil supplies, benefiting companies like BP. BP's profitability is directly linked to the price of oil, so higher oil prices can lead to increased revenues and improved financial performance for the company.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 3:46 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has outperformed the market over the past 15 years, producing an average annual return of 16.34%. If an investor had bought $100 of AJG stock 15 years ago, it would be worth $976.66 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:30 pm

AON

Over the past 10 years, Aon (NYSE:AON) has outperformed the market by 6.34% on an annualized basis, producing an average annual return of 15.92%. If an investor had bought $1000 of AON stock 10 years ago, it would be worth $4,402.44 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:30 pm

BTCUSD

ETHUSD

Crypto analyst Jason Pizzino warns of potential steep declines in altcoins if Bitcoin's value drops to test $26,700 and potentially even $24,900. He suggests that such a scenario would have dire consequences on altcoins. While Ethereum is a separate concern, Pizzino highlights its struggling state amidst the current market volatility. He suggests that if Bitcoin breaches its $26,700 support, altcoins will continue to struggle and might see even steeper declines if Bitcoin hits the $25,000 mark.

Portfolio Pulse from Murtuza Merchant

October 13, 2023 | 3:30 pm

PLUG

SPY

The Department of Energy has awarded $7B for Hydrogen Hubs. Plug Power is part of the $925M Appalachian Hub, $1.2B California Hub, and $750M Mid-Atlantic Hydrogen Hub.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 3:10 pm

BX

Over the past 10 years, Blackstone (NYSE:BX) has outperformed the market by 4.87% on an annualized basis, producing an average annual return of 14.49%. If an investor had bought $100 of BX stock 10 years ago, it would be worth $390.41 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:00 pm