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IT

Gartner (NYSE:IT) has outperformed the market over the past 20 years, producing an average annual return of 18.2% and a market capitalization of $27.29 billion. An investment of $100 in Gartner stock 20 years ago would be worth $2,840.53 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:00 pm

ETHUSD

MATICUSD

Polygon (CRYPTO: MATIC) has proposed three changes for the transition to Polygon 2.0, which includes the creation of a new POL token to replace the current MATIC as the gas and staking tone of the ecosystem. The conversion ratio is set at 1:1 with the new coin maintaining the same tokenomics of an initial supply of 10 billion and an annual issuance of 2% as staking rewards and community treasury. The implementation is set to commence in the fourth quarter of 2023.

Portfolio Pulse from Khyathi Dalal

September 15, 2023 | 3:57 pm

DFS

Discover Financial Services (NYSE:DFS) is reportedly considering selling its student loan business, which has a portfolio of $10.2 billion. The move follows a series of regulatory lapses and the abrupt resignation of CEO Roger Hochschild. The company had previously suspended share buybacks due to an internal investigation into its student loan servicing business. DFS shares are currently trading higher by 0.53% at $90.56.

Portfolio Pulse from Shivani Kumaresan

September 15, 2023 | 3:52 pm

CGC

Shares of Canopy Growth Corporation (NASDAQ:CGC) are trading higher, gaining over 250% in the last month. The upward trend in the cannabis sector follows a recommendation by the Department of Health and Human Services to reschedule marijuana. Canopy Growth has announced it will cease funding its BioSteel business unit to reduce cash burn and align with its cannabis-focused asset-light strategy. The company's shares are up on heavy trading volume, with over 69.6 million shares traded in the session.

Portfolio Pulse from Erica Kollmann

September 15, 2023 | 3:43 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 20 years by 1.32% on an annualized basis, producing an average annual return of 8.9%. If an investor had bought $1000 of MRVL stock 20 years ago, it would be worth $5,571.90 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:30 pm

ANSS

Ansys (NASDAQ:ANSS) has outperformed the market over the past 15 years, producing an average annual return of 14.6%. If an investor had bought $1000 of ANSS stock 15 years ago, it would be worth $7,422.98 today. The company currently has a market capitalization of $26.68 billion.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:30 pm

GEHC

A significant bullish stance has been taken on GE HealthCare Techs (NASDAQ:GEHC) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. The whales have been targeting a price range from $60.0 to $70.0 for GEHC over the last 3 months. The current price of GEHC is $66.14, up 0.21%.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:17 pm

CSCO

Unusual options activity has been observed for Cisco Systems (NASDAQ:CSCO), with a bearish stance taken by a large investor. The sentiment among these big-money traders is 70% bearish and 30% bullish. The targeted price range for Cisco Systems over the last 3 months is from $50.0 to $62.5. The price of CSCO is currently down -1.03% at $55.79. Several financial institutions have maintained their ratings on Cisco Systems, with price targets ranging from $53 to $63.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:17 pm

DXCM

A significant bearish stance has been taken on DexCom (NASDAQ:DXCM) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $90.0 to $100.0 for DexCom over the last 3 months. The price of DXCM is currently down -4.28% at $97.2. Despite this, UBS, Baird, and Raymond James have maintained their positive ratings on DexCom.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:16 pm

LEN

Lennar Corp's executive has stated that the net price of homes has moderated and the net average sales prices have stabilized.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 3:13 pm