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ZTS

Over the past decade, Zoetis (NYSE:ZTS) has delivered an average annual return of 19.35%, outperforming the market by 8.7% annually. With a current market capitalization of $78.30 billion, a $100 investment in ZTS 10 years ago would now be worth $588.74, showcasing the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 3:00 pm

CTSH

Over the past 15 years, Cognizant Tech Solns (NASDAQ:CTSH) has outperformed the market with an average annual return of 14.09%, turning a $1000 investment into $7,407.70. The company currently has a market capitalization of $37.36 billion.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 3:00 pm

BTCUSD

Bitcoin (BTC) experienced a significant drop of 6.11% in the last 24 hours, bringing its price down to $62,833.00. This decline is part of a larger negative trend over the past week, with a total loss of 12.0% from its previous price of $71,814.66. Despite the decrease in price, Bitcoin's trading volume has increased by 32.0% over the past week, while its circulating supply has slightly decreased by 0.18%, totaling 19.66 million coins. Currently, Bitcoin holds the #1 market cap ranking at $1.24 trillion.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 3:00 pm

BA

Boeing Co. is considering selling at least two of its defense businesses to improve its balance sheet amid ongoing crises. Financial advisers have been seeking potential buyers for several smaller units for about a year, a process that began before the Jan. 5 accident which has increased scrutiny on the company.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 2:52 pm

CVX

UGA

USO

XLE

XOM

Gas prices are rising, with the national average at $3.49 and some West Coast states over $4. The surge is attributed to drone attacks on Russian refineries by Ukraine, affecting up to 15% of Russia's refining capacity. This has led to higher wholesale gasoline prices, with the United States Gasoline Fund (UGA) reaching its highest level since September. Crude oil prices are also near four-month highs, impacting U.S. inflation and delaying expected Federal Reserve rate cuts. Exxon Mobil Corp (XOM) and Chevron Corp (CVX) stocks have risen due to the strength in oil prices, as has the Energy Select Sector SPDR Fund (XLE), which tracks U.S. oil companies.

Portfolio Pulse from Neil Dennis

March 19, 2024 | 2:48 pm

ORCL

Financial analysts have observed unusual options activity for Oracle (NYSE:ORCL), with a significant bullish sentiment. Analysis of 15 trades showed 66% bullish and 33% bearish tendencies, with a focus on a price band between $110.0 and $145.0. The largest trades included both calls and puts, with calls dominating in value and sentiment. Oracle's current market position shows a slight increase in stock price to $127.91, with potential overbought conditions indicated by the RSI. The next earnings report is expected in 83 days.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 2:46 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen significant options trading activity, indicating a bearish sentiment among big-money investors. Benzinga's options scanner revealed 13 unusual trades, with a split sentiment of 38% bullish and 61% bearish. The trades include 10 puts totaling $2,533,225 and 3 calls totaling $90,556, targeting a price range of $25.0 to $50.0 for AFRM. The company, which offers digital commerce solutions, is currently trading at $33.02, down 3.48%, with an RSI indicating it may be approaching oversold territory. An earnings announcement is expected in 49 days.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 2:31 pm

SE

Financial analysis reveals a bearish sentiment among traders on Sea (NYSE:SE), with 62% of unusual options activity indicating a bearish outlook. The analysis highlighted 8 unusual trades, with a significant portion being puts. The expected price window for Sea is between $45.0 to $75.0. Sea, known for its e-commerce platform Shopee and gaming business Garena, has seen its stock price decrease by -2.07%, with a current price of $56.65. Analysts have given mixed ratings, with an average target price of $67.8.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 2:31 pm

ALL

Over the past 15 years, Allstate (NYSE:ALL) has produced an average annual return of 14.98%, outperforming the market by 1.94% on an annualized basis. With a current market capitalization of $42.86 billion, a $1000 investment in Allstate 15 years ago would now be worth $8,138.42. This showcases the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 2:30 pm

FCFS

FirstCash Hldgs (NASDAQ:FCFS) has delivered an average annual return of 12.35% over the past 20 years, outperforming the market by 4.41% on an annualized basis. A $1000 investment in FCFS 20 years ago would be worth $10,328.53 today. The company currently has a market capitalization of $5.37 billion.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 2:30 pm