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DIA

IWM

NVDA

QQQ

SPY

Market strategist Jay Woods suggests that the rotation into small-cap stocks is just beginning, with the Russell 2000 index showing significant recent gains. The iShares Russell 2000 ETF (IWM) has outperformed other major ETFs like SPY, QQQ, and DIA. Woods believes small caps have more room to run, especially as the Fed is done raising rates. However, he cautions that small caps might take a breather after the first expected Fed rate cut. Money is moving from sectors like technology to underperforming sectors like financials and real estate.

Portfolio Pulse from Chris Katje

July 18, 2024 | 6:31 pm

ETN

Eaton Corp (NYSE:ETN) has outperformed the market over the past 20 years with an average annual return of 11.98%, surpassing the market by 3.56% annually. A $100 investment in ETN 20 years ago would be worth $984.79 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:30 pm

SRPT

Sarepta Therapeutics (NASDAQ:SRPT) has significantly outperformed the market over the past 10 years, delivering an average annual return of 21.14%. A $1000 investment in SRPT 10 years ago would be worth $6,642.60 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:30 pm

DIA

LLY

NVDA

NVO

QQQ

SOXX

SPY

XLE

XLV

The market experienced a risk-off day with major indices trading in the red. The VIX spiked over 10%, and semiconductor stocks remained weak due to concerns over U.S. chip export restrictions to China. Eli Lilly and Novo Nordisk faced significant declines due to competitive threats from Pfizer and Roche. Economic data showed rising jobless claims, and the U.S. dollar rose as a safe haven.

Portfolio Pulse from Piero Cingari

July 18, 2024 | 6:05 pm

RIOT

Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 41.59%. A $1000 investment in RIOT 5 years ago would be worth $5,894.87 today. The company's current market capitalization is $3.32 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:00 pm

TXRH

Texas Roadhouse (NASDAQ:TXRH) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.99%. A $100 investment in TXRH 15 years ago would be worth $1,528.44 today. The company's current market capitalization is $11.41 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:00 pm

LSCC

10 analysts have shared their evaluations of Lattice Semiconductor (NASDAQ:LSCC) over the past three months, showing a mix of bullish and somewhat bullish perspectives. The average 12-month price target has increased to $82.1, reflecting a 4.99% rise from the previous target. Despite a decline in revenue growth, the company maintains strong net margins and effective asset utilization.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:00 pm

Equillium announced that its cash, cash equivalents, and short-term investments totaled approximately $33.3 million at the end of Q2 2024, an increase of $1.0 million from Q1. This increase was driven by a $2.7 million Australian tax credit for 2023 R&D expenses.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:59 pm

DFS

NNI

SOFI

SoFi Technologies (NASDAQ:SOFI) shares are trading flat but have risen over 20% in the past month due to optimism about potential rate cuts. The Biden Administration announced $1.2 billion in student loan forgiveness for public service workers. Discover Financial Services (NYSE:DFS) is selling its $10.1 billion private student loan portfolio to Firstmark Services, a division of Nelnet, Inc. (NYSE:NNI). SoFi's student loan segment grew 43% year-over-year and accounts for 17.21% of its loan origination volume. SoFi will report Q2 results on July 30, with analysts expecting earnings of 1 cent per share and revenue of $563.908 million.

Portfolio Pulse from Erica Kollmann

July 18, 2024 | 5:55 pm

ARM

AVGO

NVDA

SOXX

Semiconductor stocks, tracked by the IShares Semiconductor ETF (NASDAQ:SOXX), experienced a significant selloff this week, driven by geopolitical concerns and comments from U.S. leaders. Bank of America (BofA) suggests that this sector historically outperforms following such selloffs, with potential gains of 19% in three months and 28% in six months. BofA recommends focusing on fundamentals and highlights Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Arm Holdings (NASDAQ:ARM), ON Semiconductor (NASDAQ:ON), and Micron Technology (NASDAQ:MU) as attractive investments.

Portfolio Pulse from Adam Eckert

July 18, 2024 | 5:48 pm