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ATVI

Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 15 years, producing an average annual return of 11.15%. If an investor had bought $100 of ATVI stock 15 years ago, it would be worth $488.35 today.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:30 pm

ALPMY

GSK

MRK

PFE

Goldman Sachs research suggests the global pharmaceutical sector has approximately $700 billion available for M&A and investments. This comes as patents for some blockbuster drugs are nearing expiration. Recent examples include Astellas Pharma acquiring Iveric Bio, Pfizer proposing to acquire Seagen, GSK agreeing to acquire BELLUS Health, and Merck announcing to acquire Prometheus Biosciences. The healthcare sector had a challenging start to 2023 due to regulatory & growth concerns, macroeconomic rotations, and investor preference for large-cap technology stocks.

Portfolio Pulse from Vandana Singh

July 07, 2023 | 5:18 pm

AMGN

Amgen Inc.'s (NASDAQ:AMGN) shares have dropped by 12.70% over the past three months. The company's total debt stands at $61.59 billion, with $60.76 billion in long-term debt and $834.00 million in current debt. After adjusting for $31.56 billion in cash-equivalents, the net debt is $30.04 billion. The debt-ratio, a measure of financial leverage, is at 0.69 considering Amgen's $88.72 billion in total assets.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:15 pm

BKR

USO

Baker Hughes reports an increase of 11 gas rigs from last week, while oil rigs have decreased by 5. The United States Oil Fund (USO) is also mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 5:02 pm

AMGN

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years, producing an average annual return of 10.23%. If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $430.87 today.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:00 pm

AMZN

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 10 years, producing an average annual return of 24.17%. If an investor had bought $1000 of AMZN stock 10 years ago, it would be worth $8,930.32 today.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 5:00 pm

MRK

A significant amount of unusual options activity has been observed for Merck & Co (NYSE:MRK), with a majority of investors taking a bullish stance. Of the 11 strange trades detected, 63% were bullish and 36% were bearish. The total amount for puts was $255,245 and for calls was $234,890. Whales have been targeting a price range from $92.5 to $120.0 for Merck & Co over the last 3 months. The current price of MRK is down -2.36% at $109.11.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:49 pm

REGN

Unusual options activity has been observed for Regeneron Pharmaceuticals (NASDAQ:REGN), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $600.0 to $780.0 for Regeneron Pharmaceuticals over the last 3 months. The current price of REGN is down -1.31% at $695.57. Several experts have maintained their ratings on Regeneron Pharmaceuticals, with price targets ranging from $789 to $1045.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:49 pm

CLSK

CleanSpark, Inc. (NASDAQ:CLSK) shares are trading higher on Friday, continuing the stock's upward momentum from recent sessions. This follows the company's announcement of a 170% quarter-over-quarter increase in its Bitcoin holdings. Shares of CLSK are up more than 40% over the past five trading sessions and up more than 145% higher over the last three months.

Portfolio Pulse from Erica Kollmann

July 07, 2023 | 4:43 pm

VZ

A significant bearish stance has been taken on Verizon Communications (NYSE:VZ) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $25.0 to $60.0 for Verizon Communications over the last 3 months. The price of VZ is down -0.58% at $36.27.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 4:33 pm