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ARKK

COIN

SARK

TARK

TSLA

Cathie Wood's ARK Innovation ETF (ARKK) experienced a 70% growth in 2023 but has seen a 4% decline in 2024. ARKK, known for investing in disruptive innovation companies like Tesla and Coinbase, is subject to volatility. AXS Investments offers products for both bullish and bearish views on ARKK, including the AXS 2X Innovation ETF (TARK) for bulls and the AXS Short Innovation Daily ETF (SARK) for bears, with options trading available for both.

Portfolio Pulse from Johnny Rice

February 21, 2024 | 4:54 pm

NVDA

QQQ

SPY

Jim Cramer celebrates 'National NVIDIA Day' ahead of NVIDIA Corporation's (NASDAQ:NVDA) highly anticipated Q4 earnings report. Analysts expect a significant revenue increase to $20.62 billion from last year's $7.19 billion and earnings per share of $4.64, up from 88 cents. Cramer compares NVIDIA CEO Jensen Huang to Taylor Swift, emphasizing Huang's influence and success. NVIDIA's performance could impact the market, especially as it's a major holding in SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ).

Portfolio Pulse from Chris Katje

February 21, 2024 | 4:52 pm

ELAB

Braeden Lichti has acquired a 22.07% stake in Elevai Labs, with the shares purchased for investment purposes. This significant stake acquisition indicates a strong belief in the company's future prospects.

Portfolio Pulse from Charles Gross

February 21, 2024 | 4:01 pm

PLTR

The article provides a detailed comparison of Palantir Technologies (PLTR) against its competitors in the Software industry, focusing on key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Palantir's P/E ratio is significantly higher than the industry average, suggesting overvaluation, while its P/B ratio indicates potential undervaluation. The company's P/S ratio is also high, implying overvaluation in terms of sales performance. Palantir shows lower profitability and growth potential compared to its peers, with a lower ROE, EBITDA, gross profit, and revenue growth rate. Additionally, Palantir has a lower debt-to-equity ratio compared to its top 4 peers, indicating a stronger financial position.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

UBER

The article provides an in-depth industry comparison of Uber Technologies (NYSE:UBER) against its competitors in the Ground Transportation industry, focusing on financial metrics, market position, and growth prospects. It highlights Uber's premium valuation with high PE, PB, and PS ratios compared to industry averages, but also points out its strong operational performance with higher ROE, EBITDA, gross profit, and revenue growth. The analysis suggests a mixed picture for Uber, indicating potential overvaluation but also strong growth prospects.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

CRM

The analysis compares Salesforce (CRM) with its competitors in the Software industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Salesforce shows potential undervaluation with lower P/E, P/B, and P/S ratios compared to the industry average. However, its ROE is below the industry average, suggesting inefficiency in utilizing equity. Despite this, Salesforce's high EBITDA and gross profit indicate strong operational performance, though its revenue growth is slightly below the industry average.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

ALLE

Analyst ratings for Allegion (NYSE:ALLE) over the last three months show diverse outlooks, with recent updates indicating a positive shift in sentiment. The average 12-month price target for ALLE has increased to $129.75, up 2.37% from the previous target. Analysts from Barclays and Wells Fargo have adjusted their ratings and price targets, reflecting changing market dynamics and Allegion's performance. Allegion, a global security products company, competes with Assa Abloy and Dormakaba. Despite a smaller market capitalization and revenue growth lagging behind industry peers, Allegion demonstrates strong financial health with notable net margin, ROE, and ROA, but carries a higher debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

FL

Traders are closely monitoring Foot Locker following the circulation of comments from an activist blog, which claims that an activist investor is said to be investing in the company.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:12 pm

AMZN

WBA

Amazon Inc (AMZN) is set to join the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance Inc (WBA). Amazon's stock surged over 100% since the beginning of 2023 after a 51% drop in 2022. Walgreens, on the other hand, has seen a significant decline in its shares over the past years. The inclusion of Amazon in DJIA reflects the evolving nature of the American economy, increasing consumer retail and tech exposure in the index. Amazon joins other tech giants like Apple (AAPL) and Microsoft (MSFT) in the DJIA. The performance of tech stocks, including those in the 'Magnificent 7', significantly impacted the S&P 500's gains last year. The article questions the impact of DJIA membership on stock performance, citing the mixed results of Apple and Microsoft after their inclusion.

Portfolio Pulse from Neil Dennis

February 21, 2024 | 3:08 pm

WSC

WillScot Mobile Mini (NASDAQ:WSC) received mixed analyst ratings, with an updated average 12-month price target of $53.2, reflecting a 1.82% increase from the previous target. Analysts from firms like Stifel, Deutsche Bank, and Oppenheimer have raised their price targets, indicating a positive outlook on the company's performance. WillScot Mobile Mini, a provider of flexible workspace and portable storage solutions, shows strong financial health with a notable revenue growth rate of 4.64% and exceptional net margin of 15.13%, despite a high debt-to-equity ratio of 2.84.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:01 pm