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Revenues

GS

Goldman Sachs Group (NYSE:GS) has outperformed the market over the past 5 years, delivering an average annual return of 19.21%. A $1000 investment in GS 5 years ago would be worth $2,441.43 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:30 pm

PSTG

Pure Storage (NYSE:PSTG) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.58%. A $1000 investment in PSTG 5 years ago would now be worth $4,408.61. The company's current market capitalization is $19.12 billion.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:30 pm

APO

Apollo Global Management (NYSE:APO) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.3%. A $100 investment in APO 5 years ago would now be worth $324.94. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:00 pm

MELI

MercadoLibre (NASDAQ:MELI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.93%. A $1000 investment in MELI 5 years ago would be worth $3,059.14 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:00 pm

CMS

Over the past three months, six analysts have evaluated CMS Energy (NYSE:CMS), with opinions ranging from bullish to bearish. The average 12-month price target is $64.83, reflecting a 3.45% increase from the previous target. Analysts from Barclays, Guggenheim, Wells Fargo, Morgan Stanley, and Keybanc have adjusted their ratings and price targets, indicating varied expectations for CMS Energy's performance. The company has shown positive revenue growth and strong profitability but faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:00 pm

FLS

Flowserve Corporation (NYSE:FLS) has announced a $290 million acquisition of MOGAS Industries, a provider of severe service valves. The deal includes a potential $15 million earnout and is expected to enhance Flowserve's offerings in the mining and process industries. MOGAS is anticipated to contribute approximately $200 million in revenues with high teen adjusted EBITDA margins. The acquisition is expected to be accretive to Flowserve’s adjusted EPS in the first full year and to close in Q4 2024. Flowserve expects at least $15 million in cost synergies within two years.

Portfolio Pulse from Akanksha Bakshi

August 13, 2024 | 2:00 pm

THG

Over the past three months, four analysts have evaluated Hanover Insurance Group (NYSE: THG), with opinions ranging from somewhat bullish to indifferent. The average 12-month price target has increased to $156.0, up from $150.0. Analysts have adjusted their ratings and price targets, reflecting their evolving perceptions of the company. Despite positive revenue growth, Hanover Insurance Group faces challenges with profitability, return on equity, and asset utilization.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:00 pm

BYDDF

TSLA

The global electric vehicle (EV) market continues to grow, with China leading the charge with a 31% increase in sales over the past year. In contrast, EV sales in the EU and UK have declined by 8%. Tesla's sales in China surged by 15% year-on-year in July, despite a dip in the overall NEV market. The European Commission has imposed provisional tariffs on Chinese EV imports, which will have a lesser impact on Tesla and BYD. BYD's pure EV sales fell by nearly 4% in July, raising concerns about EV demand.

Portfolio Pulse from Lekha Gupta

August 13, 2024 | 1:56 pm

WILC

G. Willi-Food Intl (NASDAQ:WILC) reported Q2 earnings per share of $0.10, unchanged from last year, with sales increasing by 13.37% to $39.00 million from $34.40 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:51 pm

KSCP

Knightscope has secured an order for 23 K1 Blue Light Emergency Phones from its authorized partner NSS/TS&L for installation at a leading Florida cancer center.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:41 pm