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Assets

BLK

Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.75%, outperforming the market by 5.79% on an annualized basis. A $1000 investment in BLK 20 years ago would be worth $12,812.28 today. BlackRock's market capitalization currently stands at $122.24 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:31 pm

KBUF

KPRO

KWEB

Henry Greene, Investment Strategist at KraneShares, highlights the investment opportunities in China's market, focusing on the internet and technology sectors due to low internet penetration and government support for domestic tech companies. He remains optimistic about China as an asset class despite geopolitical tensions, noting the KraneShares CSI China Internet ETF (KWEB) and its top holdings. KraneShares has also launched two ETFs, KPRO and KBUF, offering downside protection on KWEB. Greene believes China's stock market has bottomed, presenting a rare buying opportunity, especially in internet stocks and AI applications.

Portfolio Pulse from Surbhi Jain

April 04, 2024 | 5:20 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has produced an average annual return of 10.47%, outperforming the market by 2.51% on an annualized basis. A $100 investment in CB 20 years ago would be worth $719.47 today. Chubb's current market capitalization stands at $103.57 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:01 pm

WCC

WESCO Intl's (NYSE:WCC) short interest has increased by 89.45% since the last report, with 1.65 million shares sold short, representing 3.77% of its float. It would take approximately 2.32 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but WESCO has less short interest compared to its peer group average of 4.50%. This rise in short interest doesn't necessarily predict a price drop but indicates heightened short selling activity.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 5:00 pm

DOGEUSD

PEPEUSD

Crypto influencer SlumDOGE Millionaire announced a $300,000 investment in three meme coins: Dogwifhat (WIF), Pepe (PEPE), and Brett (BRETT), citing strong conviction similar to his previous investment in Dogecoin. He highlighted potential listings on Coinbase and strong community support as reasons for his investment, especially during the current market dip.

Portfolio Pulse from Khyathi Dalal

April 04, 2024 | 4:55 pm

GD

Over the past 20 years, General Dynamics (NYSE:GD) has produced an average annual return of 9.69%, outperforming the market by 1.74% on an annualized basis. A $1000 investment in GD 20 years ago would be worth $6,295.41 today. General Dynamics currently has a market capitalization of $80.68 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 4:31 pm

ASAN

Asana's (NYSE:ASAN) short interest has increased by 11.84% since the last report, with 11.86 million shares sold short, representing 13.41% of its float. This indicates a bearish market sentiment towards ASAN, although it's higher than its peer group average of 9.67% short interest. The article suggests that while increased short interest can be seen as bearish, it can also present bullish opportunities for investors.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 4:30 pm

NWSA

News Corp's (NWSA) short interest has increased by 17.39%, with 9.17 million shares sold short, representing 2.43% of its float. It would take approximately 2.82 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards NWSA, although it has less short interest compared to its peer group average of 4.24%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 4:30 pm

FIVE

Five Below (NYSE:FIVE) has seen a decrease in short interest, with 4.19 million shares sold short, representing 8.76% of its float. This is a 6.51% drop since the last report, indicating a potential shift in market sentiment towards more bullish views. The current short interest suggests less market pessimism compared to its peers, with the average short interest in Five Below's peer group being 15.88%. Short interest is a key indicator of market sentiment, and a decrease may suggest an improving outlook for the company's stock.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 4:30 pm

LRCX

Benzinga's options scanner revealed significant activity in Lam Research (NASDAQ:LRCX) options, with a mix of bullish and bearish sentiments among big-money investors. The observed options trades suggest a target price range for LRCX between $700 and $1020. Lam Research, a leading semiconductor equipment manufacturer, has seen its stock price increase by 1.6%, with a current price of $994.01. Analyst ratings from Wells Fargo and Cantor Fitzgerald indicate a cautious outlook, with target prices of $980 and $900, respectively.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 4:16 pm