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VST

Deep-pocketed investors show a divided sentiment on Vistra (NYSE:VST), with a bearish majority according to Benzinga's options scanner. Notable options activity includes 3 puts and 5 calls, with a price target range of $57.5 to $77.5. Vistra, a major power producer, has seen its stock price increase by 2.29% to $69.15. Analyst ratings in the last month average a target price of $78.33, with Morgan Stanley and Evercore ISI Group maintaining positive outlooks.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:01 pm

COST

Over the past 10 years, Costco Wholesale (NASDAQ:COST) has outperformed the market with an annualized return of 20.14%, turning a $1000 investment into $6,235.85 today. Costco's market capitalization stands at $320.65 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:00 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has delivered an average annual return of 22.65% over the past 20 years, turning a $100 investment into $6,678.66 today. The company's market capitalization stands at $99.62 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:00 pm

MAGS

QQQ

SPY

The latest Global Fund Managers Survey by Bank of America reveals a significant uptick in optimism among fund managers, with the most bullish outlook for global equities since January 2022. Equity allocations have increased to a net 34% overweight, the highest since early 2022. Optimism for global growth has surged, with a net 11% of managers expecting a stronger economy. Cash levels have decreased, indicating increased risk appetite, while commodities allocation saw a record increase. Inflation expectations are at their highest since April 2022, yet a majority anticipate Federal Reserve rate cuts in 2024. Sector preferences have shifted towards materials, energy, and industrials. The survey also highlights the Roundhill Magnificent Seven ETF (MAGS), SPDR S&P 500 ETF Trust (SPY), and Invesco QQQ Trust (QQQ) in the context of year-to-date performance and crowded trades.

Portfolio Pulse from Piero Cingari

April 17, 2024 | 4:55 pm

BCHUSD

Bitcoin Cash (BCH) experienced a 6.8% drop to $450.22 amid a broader cryptocurrency market downturn, influenced by a decline in Bitcoin's price. The correlation between Bitcoin's performance and altcoins like Bitcoin Cash is highlighted, with speculative trading and profit-locking actions contributing to the volatility. The impact of Bitcoin as an institutional asset class will be discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Henry Khederian

April 17, 2024 | 4:37 pm

BX

Blackstone (NYSE:BX) has seen a surge in options activity, with a bullish sentiment from the majority of trades. Analysis of options history revealed 38 trades, with 60% bullish and 39% bearish. The trades include 29 puts and 9 calls, indicating a price target range of $95.0 to $160.0. The largest options trades include both bullish and bearish sentiments, with strike prices ranging from $125.00 to $140.00. Blackstone, the world's largest alternative-asset manager, has $1.040 trillion in assets under management. The stock price is currently $122.6, with an upcoming earnings report.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

TOL

Over the past 20 years, Toll Brothers (NYSE:TOL) has outperformed the market with an average annual return of 8.91%, turning a $100 investment into $550.65 today. The company currently has a market capitalization of $11.91 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:30 pm

UNH

UnitedHealth Group (NYSE:UNH) has delivered an average annual return of 15.85% over the past 5 years, outperforming the market by 4.52% on an annualized basis. A $100 investment in UNH 5 years ago would be worth $211.91 today, showcasing the impact of compounded returns on investment growth. UnitedHealth Group's current market capitalization stands at $443.70 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:30 pm

CVX

SPY

Venezuela's Oil Minister Tellechea announced the country's willingness to expand the oil area assigned to the joint venture between U.S. Chevron (CVX) and Venezuela's state-run company PDVSA. This move could potentially increase oil production and strengthen the partnership between Chevron and PDVSA.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:29 pm

BNO

USO

Oil prices are trading lower due to an increase in US crude inventories and ongoing tensions between Iran and Israel.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:29 pm