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Revenues

ALGT

Analysts have provided mixed ratings for Allegiant Travel (NASDAQ:ALGT) over the past quarter, with all eight analysts expressing indifferent sentiments. The average 12-month price target has decreased by 21.37% to $51.5. Key financial indicators show challenges in revenue growth, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 3:00 pm

AMZN

The article provides a comprehensive analysis of Amazon.com (NASDAQ:AMZN) in comparison to its major competitors within the Broadline Retail industry. Key financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth are evaluated to offer insights into Amazon's market position and growth potential.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 3:00 pm

NVDA

The article provides a comprehensive industry comparison of NVIDIA (NASDAQ:NVDA) against its major competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth are analyzed, highlighting NVIDIA's premium valuation, strong profitability, and robust revenue growth.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 3:00 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading lower due to a halt in production of its electric commercial van for Amazon, caused by a parts deficit. The halt began earlier this month at Rivian's Illinois factory. Despite the pause, production of R1 electric pickup and SUV models remains unaffected. Rivian expects to recover all missed production and has accumulated an excess of delivery vans awaiting shipment to Amazon.

Portfolio Pulse from Nabaparna Bhattacharya

August 16, 2024 | 2:59 pm

GDX

GLD

GOLD

NEM

SSRM

UUP

Gold prices hit an all-time high of $2,500 per ounce due to a weakening U.S. dollar and declining Treasury yields. This surge is driven by expectations of Federal Reserve rate cuts. Gold ETFs, including SPDR Gold Trust (GLD), saw strong inflows in July. Gold mining stocks, such as those in the VanEck Gold Miners ETF (GDX), also performed well.

Portfolio Pulse from Piero Cingari

August 16, 2024 | 2:59 pm

CXXIF

C21 Investments Inc. reported a net loss and a slight revenue increase for Q1 2024, with Nevada sales declining by 1%. The company faced inflationary pressures and internal inventory issues but expects improved margins in the second half of the year. The launch of a new dispensary and a recent acquisition are expected to drive future growth.

Portfolio Pulse from Nina Zdinjak

August 16, 2024 | 2:51 pm

URI

United Rentals (NYSE:URI) has significantly outperformed the market over the past 20 years, delivering an average annual return of 19.59%. A $1000 investment in URI 20 years ago would be worth $35,948.37 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:33 pm

CLSK

CORZ

IREN

MARA

RIOT

Bernstein analysts report a shifting competitive landscape for Bitcoin miners, highlighting Marathon Digital, Core Scientific, and CleanSpark as top producers. Riot Platforms lags in production but is improving efficiency. Miners are diversifying into AI and data centers, with Core Scientific and Iris Energy making significant moves. Bernstein expects mining margins to improve in Q4 due to potential Bitcoin price rises from institutional ETF flows.

Portfolio Pulse from Ivan Crnogatić

August 16, 2024 | 2:27 pm

ACB

CGC

CWBHF

TLRY

The industrial hemp market is projected to grow by $13.90 billion from 2024 to 2028, driven by rising demand across various industries, particularly textiles. Major companies like Aurora Cannabis Inc. (NASDAQ:ACB), Canopy Growth Corp. (NASDAQ:CGC), Tilray Brands Inc. (NASDAQ:TLRY), and Charlottes Web Holdings Inc. (OTC:CWBHF) are involved in the hemp sector. The market's growth is fueled by hemp's versatility and sustainability, making it a promising investment opportunity.

Portfolio Pulse from Rolando García

August 16, 2024 | 2:18 pm

IIIV

Analysts have provided mixed ratings for i3 Verticals (NASDAQ:IIIV) over the past three months, with a slight increase in the average 12-month price target. The company faces challenges in revenue growth and debt management but shows strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:01 pm