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HZNP

Horizon Therapeutics (NASDAQ:HZNP) has outperformed the market over the past 5 years by 36.06% on an annualized basis, producing an average annual return of 44.12%. If an investor had bought $100 of HZNP stock 5 years ago, it would be worth $640.52 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 4:30 pm

EOG

EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 5.62% on an annualized basis, producing an average annual return of 12.84%. If an investor had bought $1000 of EOG stock 20 years ago, it would be worth $11,212.16 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 4:30 pm

CIVI

Civitas Resources Inc (NYSE:CIVI) has agreed to acquire oil-producing assets in the Midland Basin of west Texas from Vencer Energy for approximately $2.1 billion. The acquisition, expected to close in January 2024, will add around 44,000 net acres in the Midland Basin and current production of about 62 Mboe/d. Following the acquisition, Civitas raised its FY24 total production guidance to 325 – 345 Mboe/d and capital expenditure to $1,950 million – $2,250 million. The company expects the buyout to boost FCF per share by 5% in 2024.

Portfolio Pulse from Lekha Gupta

October 04, 2023 | 4:06 pm

SYTA

Siyata Mobile Inc. (NASDAQ:SYTA) has received an order from the U.S. federal government for its Hero Series UM50 FN cellular boosters, which are compatible with the FirstNet wireless network. The financial terms of the order were not disclosed. The company's shares are trading higher by 1.75% at $2.8999.

Portfolio Pulse from Akanksha Bakshi

October 04, 2023 | 3:01 pm

SOLUSD

Solana's (CRYPTO: SOL) price has decreased by 4.14% over the past 24 hours to $22.93, contrary to its performance over the past week where it experienced an up-trend of 22.0%. The trading volume for the coin has increased 123.0% over the past week, while the overall circulating supply of the coin has decreased 0.5%. The current market cap ranking for SOL is #8 at $9.44 billion.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

MCD

McDonald's (NYSE:MCD) has outperformed the market over the past 20 years, producing an average annual return of 12.42%. If an investor had bought $1000 of MCD stock 20 years ago, it would be worth $10,484.15 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 5 years, producing an average annual return of 15.65%. If an investor had bought $100 of REGN stock 5 years ago, it would be worth $206.00 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

GOLD

Barrick Gold Corp (NYSE:GOLD) plans to invest $2 billion in the expansion of Lumwana Mine in Zambia, aiming to increase its annual copper production to 240,000 tonnes. The company aims to complete the full feasibility study by the end of 2024 and expects to meet FY23 production guidance. Barrick Gold's Q2 cash and cash equivalents were $4.16 billion, with a debt of $4.77 billion. The company's shares are currently trading lower by 2.22% at $13.87.

Portfolio Pulse from Lekha Gupta

October 04, 2023 | 2:52 pm

LLY

A significant bullish stance has been taken on Eli Lilly (NYSE:LLY) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 55% bullish and 45% bearish. The whales have been targeting a price range from $340.0 to $670.0 for Eli Lilly over the last 3 months. Argus Research and Morgan Stanley have maintained their Buy and Overweight ratings on Eli Lilly respectively, with price targets of $620 and $640. Cantor Fitzgerald downgraded its action to Overweight with a price target of $630.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 2:47 pm

BAC

A significant number of investors have taken a bullish stance on Bank of America (NYSE:BAC), with 60% of recent unusual options trades being bullish and 39% bearish. The trades include 19 puts worth $2,571,840 and 9 calls worth $479,929. Whales have been targeting a price range from $23.0 to $35.0 for Bank of America over the last 3 months. The bank's stock is currently down -0.12% at $25.88. Analysts from Oppenheimer, Morgan Stanley, RBC Capital, HSBC, and Piper Sandler have maintained or adjusted their ratings and price targets.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 2:47 pm