Streetbeat News

Assets

INMD

Babylon Capital has highlighted Inmode (NASDAQ:INMD), a medical technology company, as an undervalued high-quality business with long-term potential. The company has a strong balance sheet, impressive growth, and high return metrics. Despite being a young mid-cap business, it has the potential to significantly impact the value of a portfolio, especially if it gains approvals for the use of its technology in non-aesthetic applications.

Portfolio Pulse from Dimitry Nakhla

July 12, 2023 | 10:11 pm

ETN

Eaton Corp (NYSE:ETN) has outperformed the market over the past 20 years by 4.27% on an annualized basis, producing an average annual return of 12.13%. If an investor had bought $100 of ETN stock 20 years ago, it would be worth $969.84 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:30 pm

FNV

Franco-Nevada (NYSE:FNV) has outperformed the market over the past 10 years by 3.64% on an annualized basis, producing an average annual return of 13.92%. If an investor had bought $1000 of FNV stock 10 years ago, it would be worth $3,874.57 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:30 pm

GWW

Grainger plans to open a 500,000-square-foot distribution center in Gresham, Oregon in 2025. The new Northwest Distribution Center will enhance customer service across the Pacific Northwest and provide the company additional capacity to continue delivering best-in-class, next day complete orders across the United States. The company plans to break ground this summer.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 9:04 pm

CNQ

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years, producing an average annual return of 13.25%. If an investor had bought $100 of CNQ stock 20 years ago, it would be worth $1,203.96 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:00 pm

MU

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years, producing an average annual return of 16.9%. If an investor had bought $1000 of MU stock 10 years ago, it would be worth $4,880.64 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:00 pm

BOKF

BOK Financial Securities, a subsidiary of BOK Financial Corporation, has opened a new office in Memphis, Tennessee. This move is part of the company's expansion strategy.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:56 pm

NEXT

NextDecade Corporation has announced a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at its Rio Grande LNG export facility. This decision indicates the company's confidence in the project's profitability and its commitment to move forward with construction.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:52 pm

ELV

A significant amount of unusual options activity has been detected for Elevance Health (NYSE:ELV), with a majority of investors taking a bullish stance. The trades include 10 puts amounting to $327,672 and 13 calls amounting to $691,930. Whales have been targeting a price range from $370.0 to $490.0 for Elevance Health over the last 3 months. The current price of ELV is down -4.78% at $414.13, with RSI indicators suggesting the stock may be approaching oversold.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:51 pm

UNP

A significant amount of unusual options activity has been observed for Union Pacific (NYSE:UNP), with a majority of investors taking a bullish stance. The trades include 5 puts amounting to $392,260 and 13 calls amounting to $1,535,612. Whales have been targeting a price range from $160.0 to $220.0 for Union Pacific over the last 3 months. The current price of UNP is up 1.03% at $208.92. Analysts from Morgan Stanley, Citigroup, B of A Securities, and RBC Capital have maintained their ratings on Union Pacific.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:51 pm