Streetbeat News

Revenues

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years, producing an average annual return of 10.2%. A $1000 investment in SBUX 20 years ago would be worth $7,125.50 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 3:01 pm

FI

FIS

MA

PYPL

V

The article provides a comprehensive comparison of Fiserv (NYSE:FI) against its competitors in the Financial Services industry, focusing on key financial metrics, market position, and growth prospects. Fiserv shows potential undervaluation based on PE and PB ratios but has a high PS ratio indicating possible overvaluation in terms of sales. The company has strong EBITDA and gross profit margins but lower ROE and revenue growth compared to industry averages.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 3:01 pm

WMT

The article provides a comprehensive comparison of Walmart (NYSE:WMT) against its key competitors in the Consumer Staples Distribution & Retail industry. It highlights Walmart's financial metrics, market position, and growth prospects, noting its low P/E ratio, high P/B and P/S ratios, strong ROE, but lower EBITDA, gross profit, and revenue growth compared to industry averages. Walmart's lower debt-to-equity ratio indicates a stronger financial position.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 3:00 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) is evaluated against its competitors in the Software industry. The company shows high valuation metrics (P/E, P/B, P/S) but lower profitability indicators (ROE, EBITDA, gross profit). However, it has strong revenue growth and a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 3:00 pm

HAYW

HD

LOW

POOL

Shares of building-related stocks are trading lower after Pool Corp. lowered its FY24 EPS forecast and issued a warning that discretionary pool spending will be hampered by the macroeconomic environment.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:55 pm

BUD

KO

MO

Recent financial data from Beacon Securities indicates that the cannabis industry is set to outpace major players like Coca-Cola, Marlboro, and Budweiser in market growth. The cannabis sector shows significantly lower EV/Sales ratios and higher EBITDA growth rates compared to alcohol, tobacco, and consumer packaged goods (CPG) sectors, suggesting potential undervaluation and investment opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

June 25, 2024 | 2:54 pm

EH

EHang Holdings Limited (NASDAQ:EH) has delivered 27 units of its EH216-S pilotless aircraft to Wencheng County and completed its first passenger-carrying flight. This marks the beginning of Wencheng's low-altitude economy development, with plans for aerial sightseeing routes and other low-altitude commercial operations.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:51 pm

GOOG

GOOGL

Waymo has opened its autonomous ride-hailing service, Waymo One, to everyone in San Francisco. The service, which has been operating incrementally, now offers 24/7 rides across the city. Waymo's all-electric fleet sources 100% renewable energy and has significantly contributed to reducing carbon emissions. The service has been well-received, with nearly 300,000 people signing up since the waitlist opened. Waymo emphasizes safety and has a strong track record in reducing road accidents.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:45 pm

SPHR

TKO

Steve Cohen's Point72 Asset Management has acquired a 5.5% stake in Sphere Entertainment Co (NYSE:SPHR), signaling potential future sports events at the venue. Sphere is set to host the 2024 NHL Draft and UFC 306, and continues to generate revenue from concerts and movie experiences. Despite missing Q3 revenue estimates, Sphere's segment outperformed MSG Networks. The investment could indicate more sports-related events at Sphere.

Portfolio Pulse from Chris Katje

June 25, 2024 | 2:42 pm

ENVX

PBW

ULTY

Enovix Corporation (NASDAQ:ENVX) shares are surging after signing a deal to supply silicon batteries for mixed reality headsets. The company expects initial and subsequent payments for tooling and battery supplies. Enovix's proprietary silicon anode technology offers high energy density. The company recently shipped and started producing EX-1M battery samples. Enovix reported quarterly sales beating estimates but missed on earnings per share. ENVX stock is up 30% today. Investors can also gain exposure via Tidal Trust II YieldMax Ultra Option Income Strategy ETF (NYSE:ULTY) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 2:38 pm