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ADP

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 20 years, producing an average annual return of 9.88%. If an investor had bought $100 of ADP stock 20 years ago, it would be worth $643.75 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:00 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) has outperformed the market over the past 10 years by 6.6% on an annualized basis, producing an average annual return of 16.53%. If an investor had bought $1000 of VRTX stock 10 years ago, it would be worth $4,568.54 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:00 pm

AXP

A significant bearish stance has been taken on American Express (NYSE:AXP) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The targeted price range for American Express over the last 3 months is from $155.0 to $175.0. RBC Capital has upgraded its action to Outperform with a price target of $200.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:47 pm

PPG

PPG Industries' (NYSE:PPG) short percent of float has risen 50.0% since its last report, with 2.47 million shares sold short, which is 1.05% of all regular shares available for trading. It would take traders 2.07 days to cover their short positions on average. An increase in short interest can indicate a bearish market sentiment. However, PPG Industries has less short interest than most of its peers, with an average of 3.82%.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:30 pm

ABBV

Over the past 10 years, AbbVie (NYSE:ABBV) has outperformed the market by 2.52% on an annualized basis, producing an average annual return of 12.45%. If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $3,196.94 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:30 pm

CDW

CDW (NASDAQ:CDW) has outperformed the market over the past 10 years by 14.41% on an annualized basis, producing an average annual return of 24.33%. If an investor had bought $100 of CDW stock 10 years ago, it would be worth $870.63 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:30 pm

BTCUSD

ETHUSD

EWJ

Japan is planning to allow startups to raise funds from venture capital firms by selling digital assets such as cryptocurrency, instead of stock, according to Nikkei.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 4:21 pm

MRNA

A significant amount of unusual options activity has been observed for Moderna (NASDAQ:MRNA), indicating a potential upcoming change in the stock's performance. The sentiment among these big-money traders is split evenly between bullish and bearish. The price range targeted by these traders over the last three months is from $70.0 to $230.0. Argus Research has maintained their Buy rating on Moderna, with a price target of $140.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:18 pm

ETN

A significant bearish stance has been taken on Eaton Corp (NYSE:ETN) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $195.0 to $270.0 for Eaton Corp over the last 3 months. The current price of ETN is down -2.39% at $216.85. HSBC has maintained their Hold rating on Eaton Corp with a price target of $210.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:18 pm

CMND

UK-based venture studio Beckley Waves has raised $3.3 million in a funding round to expand safe and legal access to psychedelic therapies. The round was oversubscribed by 10% and included participation from several family and VC mission-aligned offices. The funds will be used for strategic investments into selected early-stage teams. In other news, Israeli biotech company Clearmind Medicine (NASDAQ:CMND) is pricing its US-only public offering, expecting to raise approximately $2.25 million. The offering consists of 7.5 million common shares and pre-funded warrants, and 7.5 million common warrants.

Portfolio Pulse from Lara Goldstein

September 15, 2023 | 4:09 pm