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OXY

Financial analysts have observed a bullish trend in Occidental Petroleum's (NYSE:OXY) options market, with 68% of traders showing bullish sentiment. The analysis highlighted 22 unusual trades, with a focus on a price target range of $55.0 to $75.0. Notable options activity includes both calls and puts with significant trade prices and varying expiration dates. Occidental Petroleum, an independent exploration and production company, reported net proved reserves of nearly 4.0 billion barrels and an average production of 1,234 thousand barrels per day in 2023. The company's stock is currently trading at $62.93, with a volume of 2,180,102 and an RSI suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:00 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market with an average annual return of 35.12% over the past 5 years, turning a $100 investment into $436.86 today. The company's market capitalization stands at $70.17 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 4:00 pm

COIN

Financial analysis reveals a bearish sentiment in the options market for Coinbase Glb (NASDAQ:COIN), with 52% of traders showing bearish tendencies. The analysis of unusual trades highlighted a price target window from $95.0 to $500.0. Notable options activity includes both bullish and bearish trades with varying strike prices and sentiments. Coinbase, a leading cryptocurrency exchange, is currently trading at $238.49, down by -1.6%. Analysts have mixed ratings on COIN, with an average target price of $197.2. The most recent analyst ratings range from Underperform with a target of $84 to Market Outperform with a target of $300.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:31 pm

ABBV

Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 13.21%, outperforming the market by 2.52% on an annualized basis. With a current market capitalization of $316.78 billion, a $100 investment in ABBV a decade ago would be worth $347.98 today. This showcases the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:30 pm

BHP

BHP Group (NYSE:BHP) is reducing its Australian workforce due to a downturn in nickel prices, driven by a supply surge from Indonesia. The company has cut a quarter of its contractor workforce at the West Musgrave project and recorded an 86% profit decline year-over-year, with a $2.5 billion writedown in its nickel business. Indonesia's policy of 'downstreaming' raw materials is contributing to the global nickel supply increase, affecting market prices.

Portfolio Pulse from Stjepan Kalinic

March 18, 2024 | 3:27 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) experienced a 10.2% price decrease over the past 24 hours, falling to $7.26, despite a 7.0% increase over the past week. The trading volume for NEAR has risen by 15.0%, while its circulating supply decreased by 0.23%. Currently, NEAR ranks #21 in market cap at $7.60 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:03 pm

DOGE-USD

Dogecoin (DOGE) experienced a 4.96% price decrease over the past 24 hours, continuing a weekly downward trend of -18.0%. The trading volume has decreased by 25.0% over the past week, while the circulating supply increased by 0.25%, reaching 143.52 billion. Currently, Dogecoin's market cap ranks #11 at $20.54 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:02 pm

BNBUSD

BNB's price has decreased by 4.94% in the last 24 hours to $548.02, despite a 7.0% increase over the past week. The trading volume for BNB has fallen by 0.0% over the past week, with the circulating supply decreasing by 0.11% to 153.86 million. BNB's market cap ranking is currently #5 at $84.75 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:02 pm

SOLUSD

Solana (CRYPTO: SOL) has seen a significant price increase of 4.69% in the last 24 hours, reaching $200.82, with a weekly surge of over 38% from $148.18. The coin's all-time high is $259.96. Trading volume has risen by 126% over the past week, and its market cap ranks #4 at $89.95 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:01 pm

GME

Over the past 20 years, GameStop (NYSE:GME) has produced an average annual return of 9.85%, outperforming the market by 1.88% on an annualized basis. With a current market capitalization of $4.36 billion, a $1000 investment in GME 20 years ago would be worth $6,648.62 today. This showcases the impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 3:00 pm