Streetbeat News

Assets

WELL

Welltower (NYSE:WELL) has outperformed the market over the past 15 years, producing an average annual return of 12.2%. If an investor had bought $1000 of WELL stock 15 years ago, it would be worth $4,921.98 today.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 5:01 pm

FPI

Farmland Partners Inc. (FPI) has made significant changes to its portfolio in 3Q23, selling over 13,500 acres across six states and acquiring a large farm in Louisiana. The sales generated over $70 million, a 17% gain, while the acquisition cost an estimated $11 million. FPI has sold farmland valued at over $120 million as of September 2023, expecting total asset sales for the year to reach $170 million. The strategic move aims to optimize asset value for shareholders, with proceeds used for stock repurchases, debt repayment, and acquisitions in more viable locations.

Portfolio Pulse from Akanksha Bakshi

October 10, 2023 | 4:43 pm

BTCUSD

HOOD

Robinhood Markets (NASDAQ:HOOD) is focusing on the next generation of investors by offering 24/7 trading, crypto, and savings offerings. The company has improved its customer service and now offers 24/7 support. Robinhood has also launched retirement accounts and a securities lending program. The platform allows trading of several cryptocurrencies, with Bitcoin being the most popular recurring investment. Robinhood is among the brokerages that have launched extended trading hours for multiple stocks and ETFs.

Portfolio Pulse from Chris Katje

October 10, 2023 | 4:28 pm

AMZN

NVDA

AI server rental company Lambda Labs is considering a $300 million equity financing round, highlighting the growing demand for Nvidia Corp's AI chips. An investment fund led by billionaire Thomas Tull is expected to contribute significant capital. The funding would increase Lambda's valuation to $1.5 billion. Nvidia and Amazon.Com Inc are key players in the AI chip market.

Portfolio Pulse from Anusuya Lahiri

October 10, 2023 | 4:25 pm

A large investor has taken a bearish stance on Block (NYSE:SQ), with 64% of big-money traders also showing bearish sentiment. The investor's activity was noticed through publicly available options history. The price target for Block, based on Volume and Open Interest, ranges from $37.5 to $75.0. Several experts have given their ratings on Block, with most maintaining a positive outlook.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 4:16 pm

PANW

Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with 16 options trades spotted, split between 62% bullish and 37% bearish. The big-money traders have been targeting a price range from $180.0 to $350.0 for PANW over the last 3 months. Citigroup and BTIG maintain their Buy rating on PANW with price targets of $285 and $292 respectively, while HSBC downgraded its action to Hold with a price target of $242.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 4:15 pm

CPRT

The article provides a detailed comparison of Copart (NASDAQ:CPRT) with its competitors in the Commercial Services & Supplies industry. It highlights that Copart's P/E ratio is higher than the industry average, indicating a premium pricing. The P/B ratio is below the industry average, suggesting potential undervaluation. The P/S ratio is significantly higher than the industry average, indicating potential overvaluation. The company's ROE is lower than the industry average, suggesting inefficiency. However, Copart's EBITDA and gross profit are above the industry average, indicating strong profitability. The company's revenue growth is lower than the industry average.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 4:00 pm

ABNB

The article provides a comprehensive comparison of Airbnb (NASDAQ:ABNB) with its competitors in the Hotels, Restaurants & Leisure industry. It evaluates Airbnb's financial metrics, market position, and growth potential. The analysis reveals that Airbnb's PE ratio is lower than the industry average, suggesting potential value. However, its PB and PS ratios are high, indicating potential overvaluation. Airbnb's ROE is lower than the industry average, suggesting potential inefficiency. However, its EBITDA and gross profit are higher than the industry average, indicating strong profitability and robust cash flow.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 4:00 pm

EIS

FVRR

INVZ

ITEQ

IZRL

LPSN

NNOX

SATX

SEDG

The Israeli shekel is stabilizing after the Bank of Israel intervened with a $30 billion sale of foreign currency. This is the bank's first intervention in two years, aimed at preventing further devaluation of the shekel due to the ongoing conflict with Hamas. Israeli stocks are also recovering after a significant drop on Monday. ETFs linked to Israel, including ARK Israel Innovative Technology ETF (IZRL), iShares MSCI Israel ETF (EIS), and BlueStar Israel Technology ETF (ITEQ), have shown gains. Other notable gainers include Satixfy Communications (SATX), Nano-X Imaging (NNOX), LivePerson (LPSN), Innoviz Technologies (INVZ), Fiverr International (FVRR), and SolarEdge Technologies (SEDG).

Portfolio Pulse from Piero Cingari

October 10, 2023 | 3:54 pm

Benzinga's options scanner detected over 11 options trades for JD.com (NASDAQ:JD) totaling $315,150. Whales have been targeting a price range from $17.5 to $35.0 for JD.com over the last 3 months. The mean open interest for JD.com options trades today is 2045.0 with a total volume of 5,449.00. The price of JD is up 1.47% at $29.66. Next earnings are expected to be released in 38 days.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 3:45 pm