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MSTR

MicroStrategy Inc (NASDAQ:MSTR) shares are trading lower, down 6.46% at $1,652, after a significant rally of over 130% in the last month. The decline follows the announcement of a proposed $500 million offering of convertible senior notes to buy more Bitcoin. The company's aggressive Bitcoin acquisition strategy has been a key driver of its stock performance, with approximately 205,000 bitcoins held as of March 10. However, the recent dip in Bitcoin prices, down more than 1% to around $71,790, may also be contributing to the stock's pullback.

Portfolio Pulse from Adam Eckert

March 14, 2024 | 4:06 pm

AVAXUSD

Avalanche (AVAX) is trading lower by 2.65% at $53.36, amid a broader downturn in altcoins and a 2.5% drop in Bitcoin to $71,500. The article discusses how Bitcoin's price movements impact Avalanche, noting that Bitcoin's appreciation often leads to increased interest and investment in altcoins like Avalanche. It highlights Avalanche's innovative consensus mechanism and scalability, suggesting that Bitcoin's success could drive growth and development in the Avalanche ecosystem.

Portfolio Pulse from Henry Khederian

March 14, 2024 | 4:05 pm

GM

LAC

Lithium Americas (NYSE:LAC) has received a $2.26 billion loan from the U.S. Department of Energy for its Thacker Pass project in Nevada, the largest lithium deposit in the U.S. This funding, part of the Inflation Reduction Act, aims to support the construction of a lithium carbonate processing plant crucial for electric vehicle batteries and renewable energy sources. General Motors (NYSE:GM) has invested $650 million in the project, securing exclusive access to its Phase 1 lithium production.

Portfolio Pulse from Stjepan Kalinic

March 14, 2024 | 4:02 pm

GS

Deep-pocketed investors have shown a bearish sentiment towards Goldman Sachs Gr (NYSE:GS), as revealed by Benzinga's tracking of public options records. The analysis of 11 extraordinary options activities indicates a divided mood among investors, with a significant lean towards bearishness. The options data suggests a price target range for GS between $340.0 and $430.0 over the next three months. Current trading volume and price trends, along with professional analyst ratings, suggest a cautious but potentially rewarding approach for traders.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:01 pm

CCI

Crown Castle (NYSE:CCI) has delivered an average annual return of 11.45% over the past 20 years, outperforming the market by 3.4% annually. A $100 investment in CCI 20 years ago would be worth $845.77 today. Crown Castle currently has a market capitalization of $46.05 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:00 pm

MA

A comparative study of Mastercard (NYSE:MA) and its competitors in the Financial Services industry reveals Mastercard's strong market position, with a high Price to Earnings (PE) ratio indicating potential undervaluation, and superior profitability metrics such as ROE, EBITDA, and gross profit. However, its Price to Book (PB) and Price to Sales (PS) ratios suggest overvaluation, and its revenue growth lags behind the industry average. The analysis also highlights Mastercard's moderate debt-to-equity ratio compared to its top peers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:00 pm

GTBIF

Green Thumb Industries Inc. (GTBIF) is expanding its operations in anticipation of recreational marijuana legalization in several states and is strategically managing its finances through share buybacks and debt repurchase. Despite a recent 13% decrease in stock price, the company's valuation remains above the industry average, reflecting investor confidence. The cannabis sector's future growth is tied to legislative changes and state-level market expansions.

Portfolio Pulse from Nicolás Jose Rodriguez

March 14, 2024 | 3:59 pm

MSTR

MicroStrategy announced a proposed private offering of $500 million of convertible senior notes due 2031, leading to a decrease in its share price. Additionally, a drop in Bitcoin has caused a pullback in crypto-related stocks.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:40 pm

VRSK

Verisk Analytics (NYSE:VRSK) has seen a decrease in short interest, with the short percent of float falling 8.33% to 1.32% of all shares available for trading. This indicates a reduction in bearish sentiment among traders. The company's short interest is below its peer group average of 3.02%, suggesting a relatively more bullish outlook compared to its peers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:30 pm

MCD

Over the past 20 years, McDonald's (NYSE:MCD) has delivered an average annual return of 12.25%, outperforming the market by 4.2% annually. A $100 investment in MCD 20 years ago would be worth $987.62 today, showcasing the impact of compounded returns on investment growth. McDonald's current market capitalization stands at $204.34 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:30 pm