Streetbeat News

Revenues

LLY

NVO

Eli Lilly is investing $4.5 billion in a new facility to enhance its drug pipeline, focusing on obesity treatments like Mounjaro and Zepbound. Despite recent stock gains, technical indicators suggest short-term challenges, though long-term prospects remain strong.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 2:37 pm

JCI

Johnson Controls Intl (NYSE:JCI) has outperformed the market over the past 15 years with an average annual return of 13.04%, resulting in a $1000 investment growing to $6,395.71. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:31 pm

BCO

Brink's (NYSE:BCO) has outperformed the market over the past 10 years with an average annual return of 16.75%, significantly increasing the value of an initial $100 investment to $468.53. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:30 pm

COP

CVX

HES

IEO

SHEL

SLB

USO

XLE

XOM

Oil prices have spiked due to Middle East tensions and potential supply disruptions, leading to a rise in energy stocks. The United States Oil Fund (USO), IShares U.S. Oil & Gas Exploration & Production ETF (IEO), and SPDR Energy Select Sector Fund (XLE) have all seen gains. Major energy companies like Exxon Mobil, Chevron, and ConocoPhillips have also experienced stock price increases. Analysts are closely watching OPEC's upcoming meeting for potential changes in production curbs.

Portfolio Pulse from Adam Eckert

October 02, 2024 | 2:30 pm

NKE

TSLA

The market summary highlights rising oil prices due to Israel-Iran tensions, leading to increased interest in safe haven assets like gold and the dollar. Nike's stock fell due to a revenue miss, while Tesla's stock declined following disappointing delivery and production figures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 2:16 pm

BILI

Bilibili (NASDAQ:BILI) has outperformed the market over the past 5 years with an average annual return of 17.29%, resulting in a $1000 investment growing to $2,186.95. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:04 pm

GIL

Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years with an average annual return of 13.6%, surpassing the market by 5.21% annually. A $100 investment in GIL 20 years ago would now be worth $1,293.35. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:04 pm

BOH

Analysts have mixed ratings for Bank of Hawaii (NYSE:BOH), with recent evaluations showing a range from indifferent to somewhat bearish. The average 12-month price target has increased by 6.15% to $65.6. Despite a decline in revenue, Bank of Hawaii maintains strong net margins and ROE, but faces challenges with asset utilization and debt management.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:03 pm

PFG

Principal Financial Group (NASDAQ:PFG) has been analyzed by 10 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $84.4, up from $82. Analysts have adjusted their ratings and price targets, reflecting varied expectations for PFG's performance. Despite strong revenue growth, PFG faces challenges with net margin, ROE, and ROA below industry averages.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:01 pm

Micron Technology Inc. (NASDAQ:MU) has seen a recent stock price drop of 0.61% to $99.70, but has increased by 11.64% over the past month and 44.36% over the past year. Its P/E ratio of 143.29 is significantly higher than the industry average of 65.27, suggesting potential overvaluation or high future performance expectations.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:01 pm