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SGEN

Seagen (NASDAQ:SGEN) has outperformed the market over the past 20 years, producing an average annual return of 19.35%. If an investor had bought $100 of SGEN stock 20 years ago, it would be worth $3,440.00 today. The company currently has a market capitalization of $39.85 billion.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 15 years, producing an average annual return of 21.36%. If an investor had bought $100 of IDXX stock 15 years ago, it would be worth $1,701.32 today. The company currently has a market capitalization of $36.41 billion.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:00 pm

DAL

LYFT

UAL

UBER

Heavy rainfall in New York City has led to flooding and a state of emergency declaration. The situation has impacted several businesses including United Airlines Holdings Inc (NYSE:UAL), Delta Air Lines (NYSE:DAL), Uber Technologies Inc (NASDAQ:UBER), and Lyft Inc (NASDAQ:LYFT). While airlines are experiencing delays and cancellations, ride-sharing services may see a decrease in rides as people avoid unnecessary travel.

Portfolio Pulse from Aaron Bry

September 29, 2023 | 4:46 pm

FSR

Fisker Inc (NYSE:FSR) plans to offer $170 million in 0% senior unsecured convertible notes due 2025 to an existing institutional investor, resulting in gross proceeds of $150 million. The company may offer an additional $623.3 million in similar notes, potentially raising up to $550 million more. This follows a previous offering of $340 million in July 2023. The capital is expected to accelerate deliveries, expand growth, and expedite vehicle programs.

Portfolio Pulse from Shivani Kumaresan

September 29, 2023 | 4:34 pm

DHR

A significant bullish stance has been taken on Danaher (NYSE:DHR) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. Whales have been targeting a price range from $240.0 to $270.0 for Danaher over the last 3 months. Keybanc has maintained their Overweight rating on Danaher, with a price target of $300.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:33 pm

ROP

Roper Techs (NASDAQ:ROP) has outperformed the market over the past 20 years, producing an average annual return of 16.27%. If an investor had bought $100 of ROP stock 20 years ago, it would be worth $2,069.65 today. The company currently has a market capitalization of $51.78 billion.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:30 pm

HON

Honeywell Intl (NASDAQ:HON) has outperformed the market over the past 15 years, producing an average annual return of 11.93%. If an investor had bought $1000 of HON stock 15 years ago, it would be worth $5,148.13 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:30 pm

UTZ

Utz Brands Inc (NYSE:UTZ) has announced several network optimization initiatives to drive long-term volume growth and reduce costs. The company plans to simplify its plant network and streamline its operating structure by consolidating facilities. It has divested its manufacturing plant in Bluffton, Indiana, and will cease operations at its lowest-volume manufacturing plant in Hanover, Pennsylvania, in Q1 FY24. UTZ also plans to sell its Louisiana and Alabama plants. The company expects these changes to boost net sales averages in its remaining plants and reduce fixed overhead costs.

Portfolio Pulse from Lekha Gupta

September 29, 2023 | 4:16 pm

USO

U.S. crude production increased by 0.7% to 12.99 million barrels per day in July, marking the highest level since November 2019, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:05 pm

LRCX

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 13.89% on an annualized basis, producing an average annual return of 23.76%. If an investor had bought $1000 of LRCX stock 15 years ago, it would be worth $23,995.43 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:00 pm