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MLM

Martin Marietta Materials (NYSE:MLM) has outperformed the market over the past 5 years by 8.19% on an annualized basis, producing an average annual return of 17.59%. If an investor had bought $100 of MLM stock 5 years ago, it would be worth $226.76 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:30 pm

LOW

Over the past 15 years, Lowe's Companies (NYSE:LOW) has outperformed the market by 7.23% on an annualized basis, producing an average annual return of 15.87%. If an investor had bought $1000 of LOW stock 15 years ago, it would be worth $9,124.69 today. Lowe's Companies currently has a market capitalization of $131.00 billion.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:30 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years by 13.57% on an annualized basis, producing an average annual return of 23.03%. If an investor had bought $100 of MRVL stock 5 years ago, it would be worth $277.85 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:00 pm

ORCL

Oracle (NYSE:ORCL) has outperformed the market over the past 5 years by 9.01% on an annualized basis, producing an average annual return of 18.47%. If an investor had bought $1000 of ORCL stock 5 years ago, it would be worth $2,344.23 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:00 pm

SHIBUSD

Shiba Inu's (CRYPTO: SHIB) price rose 3.9% to $0.000010 in the past 24 hours, continuing its positive trend over the past week with a 15.0% gain. The trading volume has climbed 34.0% over the past week along with the circulating supply of the coin, which has increased 0.38% to 589.34 trillion. The current market cap ranking for SHIB is #15 at $6.05 billion.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 3:00 pm

AMAT

AMD

KOPN

LRCX

NXPI

Semiconductor and chip stocks are trading lower due to overall market weakness following July PPI data, which showed higher-than-expected inflation. The weakness may also be attributed to a pullback following this year's AI-driven surge.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:57 pm

XOM

A significant amount of unusual options activity has been observed for Exxon Mobil (NYSE:XOM), with a majority of investors taking a bullish stance. The trades include 4 puts amounting to $179,470 and 13 calls amounting to $525,571. Whales have been targeting a price range from $100.0 to $135.0 for Exxon Mobil over the last 3 months. The current price of XOM is up 1.09% at $111.33. Analysts from Morgan Stanley, RBC Capital, and Truist Securities have given price targets of $121, $125, and $110 respectively.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:46 pm

JD

A significant bearish stance has been taken on JD.com (NASDAQ:JD) by a large investor, as indicated by a large position in the company's publicly available options history. Benzinga's options scanner spotted 15 uncommon options trades for JD.com, with a sentiment split between 33% bullish and 66% bearish. The whales have been targeting a price range from $30.0 to $45.0 for JD.com over the last 3 months. The price of JD is currently down -5.27% at $36.46. Benchmark has maintained their Buy rating on JD.com, with a price target of $73.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:46 pm

ARKK

The U.S. Securities and Exchange Commission (SEC) is expected to delay its decision on ARK Invest's Bitcoin spot ETF application, but Bitcoin investors remain unconcerned. Industry figures, including Mike Novogratz, CEO of Galaxy Digital, and Cathie Wood, CEO of ARK Investment Management, anticipate eventual regulatory approval. The SEC is currently reviewing nine active applications for Bitcoin spot ETFs. Wood suggested that the SEC might approve multiple applications simultaneously to prevent any single ETF from gaining an unfair advantage.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 2:32 pm

DDOG

A significant bearish stance has been taken on Datadog (NASDAQ:DDOG) by a large investor or institution, as evidenced by a large position in options. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $75.0 to $101.0 for Datadog over the last 3 months. Despite this, several financial institutions maintain a positive outlook on DDOG, with price targets ranging from $103 to $140.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:31 pm