Streetbeat News

Assets

MHO

Over the past 10 years, M/I Homes (NYSE:MHO) has outperformed the market with an annualized return of 17.99%, turning a $1000 investment into $5,193.83. The company currently has a market capitalization of $3.27 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:00 pm

ARES

Ares Management (NYSE:ARES) has significantly outperformed the market in the last 5 years, with an annualized return of 39.74%, growing a $100 investment to $525.40. The company's market capitalization stands at $25.81 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:00 pm

AES

DLR

PLD

REXR

REITs and utilities stocks, including AES, DLR, PLD, and REXR, are trading lower due to an increase in Treasury yields. This movement suggests a shift in investor preference towards safer assets, impacting these sectors known for their dividend yields.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:53 pm

ACM

AECOM's (NYSE:ACM) short interest has decreased by 4.86% since the last report, with 1.42 million shares sold short, representing 1.37% of its float. The current short interest suggests a bullish sentiment as it is lower than the peer group average of 4.73%. Short interest is a key indicator of market sentiment, and a decrease often signals that investors are becoming more optimistic about the stock's future performance.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:45 pm

CRH

CRH's (NYSE:CRH) short interest has increased by 82.0% since the last report, with 7.50 million shares sold short, representing 0.91% of its float. This indicates a bearish market sentiment towards CRH, although it has less short interest compared to its peers' average of 2.30%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:45 pm

SMR

NuScale Power (NYSE:SMR) has seen a significant decrease in short interest, down 22.61% to 11.69 million shares, representing 19.0% of its float. This reduction suggests a shift in market sentiment towards the company, potentially indicating a more bullish outlook among investors. Compared to its peers, NuScale Power has a higher short interest percentage of float, with an average of 9.44% among its peers, highlighting a unique position in its market.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:45 pm

IVV

IVW

RSP

SPY

VOO

Ahead of Tax Day, the stock market typically experiences a slight decline, with the S&P 500 Index dropping an average of 0.2% in the first two weeks of April, attributed to taxpayers liquidating stocks for cash needs. However, post-Tax Day, the market tends to rebound, with the S&P 500 historically finishing April 1.7% higher. Financial advisors recommend investing in S&P 500 index funds for long-term gains, highlighting SPDR S&P 500 ETF (SPY), iShares Core S&P 500 ETF (IVV), Vanguard S&P 500 ETF (VOO), iShares S&P 500 Growth ETF (IVW), and Invesco S&P 500 Equal Weight ETF (RSP) as options. Ed Yardeni predicts a 26% surge in the S&P 500 by 2026.

Portfolio Pulse from Anthony Noto

April 15, 2024 | 7:39 pm

DFS

Discover Financial Services (NYSE:DFS) has delivered an average annual return of 19.61% over the past 15 years, outperforming the market. A $1000 investment in DFS 15 years ago would be worth $16,114.82 today. The company currently has a market capitalization of $30.24 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 7:31 pm