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MOH

Molina Healthcare (NYSE:MOH) has significantly outperformed the market over the past 20 years, with an annualized return of 15.24%. A $1000 investment in MOH 20 years ago would be worth $16,747.68 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm

BX

Blackstone (NYSE:BX) has outperformed the market over the past 15 years with an average annual return of 16.9%, surpassing the market by 5.0% annually. A $1000 investment in BX 15 years ago would be worth $10,247.51 today.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm

LNC

Analysts have provided mixed ratings for Lincoln National (NYSE:LNC) over the past three months, with a recent increase in the average 12-month price target from $30.00 to $33.33. The company's financial health shows strong revenue growth and net margin, but challenges in debt management and asset utilization.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 6:00 pm

ELBM

Electra Battery Materials shares rose following a $20 million contract from the Department of Defense to complete a hydrometallurgical plant and produce cobalt sulfate.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 5:51 pm

ELBM

The Department of Defense has awarded $20 million to Electra Battery Materials Corp to establish a sustainable cobalt sulfate production facility in Ontario, Canada. This initiative aims to bolster North American production of critical minerals for large capacity batteries, supporting both defense and commercial sectors.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 5:47 pm

SPY

The Jackson Hole Economic Symposium is a key event for financial markets, with investors anticipating signals from Fed Chair Jerome Powell on a potential September rate cut. Market consensus expects a 25-basis-point cut, with a 77.5% probability, as per CME Group's FedWatch tool. Historically, the S&P 500 has shown mixed reactions during the symposium, with an average decline of 0.4% during the event days but a modest gain of 0.4% over the week.

Portfolio Pulse from Piero Cingari

August 19, 2024 | 5:46 pm

INTU

Intuit (NASDAQ:INTU) has significantly outperformed the market over the past decade, with an average annual return of 23.07%. A $100 investment in Intuit 10 years ago would now be worth approximately $794.66, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 5:30 pm

WSO

Watsco (NYSE:WSO) has significantly outperformed the market over the past decade, with an annualized return of 17.63%. A $100 investment in WSO 10 years ago would now be worth $505.76, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 5:30 pm

ETHUSD

MATICUSD

Donald Trump's venture into NFTs and cryptocurrency, particularly through Ethereum and Polygon, has proven lucrative. His passive income from these digital assets is surpassing traditional income sources like royalties from The Apprentice. Trump's NFT sales and meme coin taxes have generated significant earnings, highlighting the potential of digital assets as a financial cushion.

Portfolio Pulse from Murtuza Merchant

August 19, 2024 | 5:29 pm

UBSFF

Ubisoft Entertainment SA has laid off 45 employees from its U.S. studios as part of ongoing restructuring efforts. The layoffs affected staff at Ubisoft San Francisco and Red Storm Entertainment, following previous cuts earlier in the year. Despite these setbacks, Ubisoft reported record net bookings and increased net sales for 2023.

Portfolio Pulse from Franca Quarneti

August 19, 2024 | 5:23 pm