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EWW

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Mexican assets have seen a significant surge, with the equity market and the currency reaching multi-year highs. The iShares MSCI Mexico ETF (EWW) reached its highest level since December 2014, and the Mexican stock market has gained 27% since the start of the year. The Mexican peso has also strengthened against the U.S. dollar, with a 17% increase year-to-date. Factors contributing to this rally include high interest rates, declining inflation, a resilient U.S. economy, low unemployment, and a thriving tourism sector. Top-performing Mexican stocks include Cemex SAB de CV ADR (CX), Fomento Economico Mexicano S.A.B. de C.V. (FMX), and América Móvil, S.A.B. de C.V. (AMX).

Portfolio Pulse from Piero Cingari

July 14, 2023 | 8:27 pm

FCPT

Four Corners Property Trust (FCPT) has announced the acquisition of four newly built properties for $17.9 million. The portfolio includes eight brands and nine leases: Starbucks, Aspen Dental, Bronson Health, Great Clips, Mattress Firm, Oak Street Health, Taco Bell, and WellNow Urgent Care. The properties are located in MI and IN and are occupied under long-term net leases.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 8:16 pm

SHEL

Shell Inc.'s total debt stands at $85.67 billion, with $73.87 billion in long-term debt and $11.79 billion in current debt. After adjusting for $20.31 billion in cash-equivalents, the net debt is $65.35 billion. The debt-ratio, considering Shell's $407.10 billion in total assets, is at 0.21. Debt is an important factor in a company's capital structure and contributes to its growth.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:15 pm

EOG

A significant bearish stance has been taken on EOG Resources (NYSE:EOG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 28% bullish and 71% bearish. The whales have been targeting a price range from $57.7 to $167.5 for EOG Resources over the last 3 months. The price of EOG is currently down -2.44% at $118.78. RBC Capital has maintained their Sector Perform rating on EOG Resources, with a price target of $145.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:02 pm

F

A significant bearish stance has been taken on Ford Motor (NYSE:F) as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $5.0 to $20.0 for Ford Motor over the last 3 months. The price of Ford Motor is currently down -1.42% at $14.97. Analysts from Morgan Stanley, Jefferies, Citigroup, Barclays, and Wells Fargo have maintained their ratings on Ford Motor.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:02 pm

NUE

Over the past 10 years, Nucor (NYSE:NUE) has outperformed the market by 3.57% on an annualized basis, producing an average annual return of 13.85%. If an investor had bought $100 of NUE stock 10 years ago, it would be worth $368.65 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

EL

Estee Lauder Cos (NYSE:EL) has outperformed the market over the past 20 years by 4.88% on an annualized basis, producing an average annual return of 12.73%. If an investor had bought $100 of EL stock 20 years ago, it would be worth $1,111.36 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

CRM

A significant number of investors have taken a bearish stance on Salesforce (NYSE:CRM), with 56% of detected trades showing bearish expectations. The targeted price range for Salesforce over the last 3 months is $165.0 to $250.0. The current price of CRM is down -0.82% at $228.48. Several financial institutions have maintained or downgraded their ratings on Salesforce, with price targets ranging from $240 to $255.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:46 pm

BRK-A

BRK-B

TSLA

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), is known for his frugal lifestyle, a trait that extends to his wife, Astrid Buffett. This was highlighted when Astrid complained about the $4 cost for a cup of coffee at a recent conference. Buffett's frugality has been a key factor in preserving and increasing his wealth, currently estimated at $115 billion. The article also mentions Tesla Inc CEO Elon Musk's modest lifestyle.

Portfolio Pulse from Chris Katje

July 14, 2023 | 7:42 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years, producing an average annual return of 11.3%. If an investor had bought $1000 of PXD stock 20 years ago, it would be worth $8,519.53 today. The company currently has a market capitalization of $48.95 billion.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:30 pm