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FAST

Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years by 6.21% on an annualized basis, producing an average annual return of 13.93%. If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $13,844.98 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 4:00 pm

RBLX

An option alert has been issued for Roblox Corporation (RBLX) for July 21 $50 calls. The sweep is near the ask with 734 @ $0.441 versus an open interest of 11075. The company's earnings report is expected on August 8 after market close. The reference price is $44.96.

Portfolio Pulse from Charles Gross

July 11, 2023 | 3:55 pm

NOW

ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 18.84% on an annualized basis, producing an average annual return of 29.0%. If an investor had bought $1000 of NOW stock 10 years ago, it would be worth $12,401.24 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:30 pm

BLK

BlackRock (NYSE:BLK) has outperformed the market over the past 20 years, producing an average annual return of 14.62%. If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $15,445.88 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:30 pm

BKR

Baker Hughes Inc.'s (NASDAQ:BKR) shares have increased by 16.42% in the past three months. The company's total debt stands at $6.66 billion, with $5.97 billion in long-term debt and $684.00 million in current debt. After adjusting for $2.42 billion in cash-equivalents, the net debt is $4.24 billion. The company's debt-ratio is 0.19, indicating a moderate level of financial leverage.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:30 pm

QQQ

TQQQ

ProShares UltraPro QQQ (TQQQ) shares are trading higher by 0.4% to $40.04 ahead of Wednesday's June inflation data report. The ETF corresponds to three times the daily performance of the Nasdaq-100 (QQQ) ETF. The June CPI inflation report is anticipated as a significant economic event, with traders awaiting its release for insights into the Fed's future policy decisions. TQQQ has a 52-week high of $42.44 and a 52-week low of $16.10.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 3:27 pm

ALB

A significant bearish stance has been taken on Albemarle (NYSE:ALB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The targeted price range for Albemarle over the last 3 months is from $220.0 to $250.0. Keybanc has maintained their Overweight rating on Albemarle with a price target of $291, while Citigroup has downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:24 pm

USDCUSD

Circle CEO Jeremy Allaire has expressed optimism about the growth of Web3 in Hong Kong and the city's efforts to regulate stablecoins. He believes that stablecoins could be a potential instrument for China to internationalize the yuan. However, he clarified that this does not imply an imminent acceptance of crypto trading in mainland China.

Portfolio Pulse from Murtuza Merchant

July 11, 2023 | 3:12 pm

MU

Unusual options activity has been observed for Micron Technology (NASDAQ:MU), with a large position indicating a bullish stance. The overall sentiment of these big-money traders is split between 72% bullish and 27% bearish. The price target for Micron Technology over the last 3 months has been between $57.5 to $80.0. The current price of MU is up 1.65% at $63.51. Analysts from Goldman Sachs, Citigroup, Deutsche Bank, B of A Securities, and Keybanc have maintained their ratings on Micron Technology.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:03 pm

FCX

A significant bullish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor or institution, as evidenced by a large position in the company's options. The overall sentiment of these big-money traders is 95% bullish and 5% bearish. The whales have been targeting a price range from $39.0 to $44.0 for Freeport-McMoRan over the last 3 months. Citigroup and Bernstein have downgraded their ratings to Neutral and Market Perform respectively, while Morgan Stanley maintains an Equal-Weight rating.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:03 pm