Streetbeat News

Assets

FCPT

Four Corners Property Trust (FCPT) has completed the acquisition of a property leased to Banfield Pet Hospital for $2.4 million. This strategic move is part of FCPT's ongoing efforts to diversify its portfolio with high-quality, income-producing properties.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:07 pm

DIA

GLD

SLV

SPY

Stocks closed higher after mixed inflation data was released, with notable increases in gold and silver prices. The Dow Jones Industrial Average (tracked by DIA), S&P 500 (tracked by SPY), and precious metals like gold (tracked by GLD) and silver (tracked by SLV) all saw positive movements.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:04 pm

ETHUSD

JPMorgan predicts only a 50% chance of Spot Ethereum ETFs receiving SEC approval in May, citing an ongoing SEC investigation into firms linked with the Ethereum Foundation as a potential obstacle. The bank anticipates possible litigation against the SEC if approvals are not granted, drawing parallels with previous cases involving Grayscale and Ripple. The outcome of this situation could significantly impact the regulatory landscape for cryptocurrency ETFs.

Portfolio Pulse from Khyathi Dalal

April 11, 2024 | 8:02 pm

DKS

Over the past 20 years, Dick's Sporting Goods (NYSE:DKS) has delivered an average annual return of 14.36%, outperforming the market by 6.39% annually. With a current market capitalization of $17.08 billion, a $100 investment in DKS 20 years ago would be worth $1,430.37 today.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:00 pm

LRCX

Over the past 20 years, Lam Research (NASDAQ:LRCX) has produced an average annual return of 20.28%, outperforming the market by 12.3% annually. With a current market capitalization of $126.11 billion, a $1000 investment in LRCX 20 years ago would be worth $38,617.20 today.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:00 pm

MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market, with an annualized return of 48.15% over the past 5 years, turning a $1000 investment into $6,817.26. The company now has a market capitalization of $12.32 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 7:30 pm

Over the past 20 years, Chubb (NYSE:CB) has delivered an average annual return of 10.36%, outperforming the market by 2.39% annually. With a current market capitalization of $97.14 billion, a $1000 investment in Chubb 20 years ago would be worth $7,039.76 today. This showcases the significant impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 7:30 pm

BTCUSD

Ark Invest's report suggests Bitcoin is in the early to middle stages of a bull run, citing a 16.5% price increase in March and a 68.6% rise in Q1. The report uses the MVRV Z-Score to argue Bitcoin is not overvalued. It also notes record inflows into spot Bitcoin ETFs, despite some long-term holders taking profits. The analysis includes global economic factors and predicts considerable growth for Bitcoin before reaching overbought conditions.

Portfolio Pulse from Murtuza Merchant

April 11, 2024 | 7:20 pm

THTA

ZHDG

Option-based ETFs, like the SoFi Enhanced Yield ETF (THTA) and Zega Buy And Hedge ETF (ZHDG), offer investors a hands-off approach to earning returns through options strategies. Managed by ZEGA Financial, these ETFs aim to enhance returns and balance risk by employing tactics such as selling out-of-the-money options and mitigating downside risks, respectively. THTA focuses on options-powered income strategies, while ZHDG provides exposure to the U.S. large-cap market with downside protection.

Portfolio Pulse from Aaron Bry

April 11, 2024 | 7:15 pm

FLNC

NVDA

PLTR

QQQM

VGT

VUG

Young investors on Reddit's r/stocks are discussing top growth stocks for 2024 and beyond, focusing on companies with promising growth trajectories. The top picks include Fluence Energy Inc (FLNC), Palantir Technologies Inc (PLTR), and NVIDIA Corp (NVDA), with additional mentions of Celsius Holdings, Inc (CELH), SoFi Technologies Inc (SOFI), and growth-focused ETFs like Vanguard Growth ETF (VUG), Vanguard Information Technology ETF (VGT), and Invesco NASDAQ 100 ETF (QQQM). These selections are based on their market leadership, innovative technology, and potential for long-term growth.

Portfolio Pulse from Surbhi Jain

April 11, 2024 | 7:12 pm