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Assets

WM

Waste Management (NYSE:WM) has outperformed the market over the past 20 years by 1.77% on an annualized basis, producing an average annual return of 9.51%. If an investor had bought $100 of WM stock 20 years ago, it would be worth $634.35 today.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:00 pm

GS

JPM

JPMorgan is facing challenges in offloading commercial real estate loans due to a potential crisis in the sector. The bank has been trying to sell a $350 million loan backed by the HSBC Tower in Manhattan. Meanwhile, a Russian court has frozen assets worth around $36 million owned by Goldman Sachs after Otkritie Bank alleged that Goldman Sachs declined to honor a swap contract due to sanctions related to the conflict in Ukraine.

Portfolio Pulse from Mohit Manghnani

August 10, 2023 | 4:57 pm

BOH

HA

HE

Wildfires on Hawaii's Maui Island have forced thousands of residents to evacuate, causing widespread destruction and claiming at least 36 lives. The fires have also impacted businesses, including Hawaiian Holdings Inc. (NASDAQ:HA), Hawaiian Electric Industries Inc. (NYSE:HE), and Bank of Hawaii Corporation (NYSE:BOH). The disaster has led to power outages, communication disruptions, and significant economic consequences.

Portfolio Pulse from Michael Cohen

August 10, 2023 | 4:32 pm

GLOB

Globant (NYSE:GLOB) has announced a five-year, $1 billion investment plan in Latin America to strengthen its presence in the region. The plan includes opening an Emerging Technologies Innovation Center in Brazil, continuing the development of AI-based products, and hiring 20,000 professionals across the region. The company aims to leverage emerging technologies like AI and Quantum Computing to help its clients.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 4:31 pm

NEE

NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years, producing an average annual return of 11.54%. If an investor had bought $1000 of NEE stock 20 years ago, it would be worth $8,854.34 today. The company currently has a market capitalization of $139.41 billion.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:30 pm

DHI

Over the past 10 years, D.R. Horton (NYSE:DHI) has outperformed the market by 10.99% on an annualized basis, producing an average annual return of 21.23%. If an investor had bought $1000 of DHI stock 10 years ago, it would be worth $6,688.78 today.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:30 pm

GOLD

Saudi Arabia is reportedly in discussions to invest in a large copper mine being developed by Canada's Barrick Gold in Western Pakistan. The project is estimated to cost $7 billion.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 4:29 pm

ASUS

DELL

Analyst Ming-Chi Kuo predicts that AI computing power will grow rapidly in the next decade, with Dell and Asus being undervalued beneficiaries. The AI computing power structure will resemble the long-tail effect, with significant contributions from second-tier CSPs/data centers, new cloud service providers, and enterprise customers. Dell and Asus have been actively acquiring AI server orders, with orders of 45,000–50,000 units and 10,000 units respectively, and the orders are still growing.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 4:01 pm

MTD

Mettler-Toledo Intl (NYSE:MTD) has outperformed the market over the past 15 years, producing an average annual return of 17.76%. If an investor had bought $1000 of MTD stock 15 years ago, it would be worth $11,662.80 today.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:00 pm

MPC

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years, producing an average annual return of 14.73%. If an investor had bought $100 of MPC stock 10 years ago, it would be worth $388.71 today.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:00 pm