Streetbeat News

Revenues

AXP

American Express (NYSE:AXP) has significantly outperformed the market over the past 15 years, delivering an average annual return of 16.56%. A $1000 investment in AXP 15 years ago would be worth $9,644.58 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:31 pm

IEX

IDEX (NYSE:IEX) has outperformed the market over the past 20 years with an average annual return of 11.73%, resulting in a $1000 investment growing to $8,930.13. The company currently has a market capitalization of $15.48 billion.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:30 pm

AMAT

AVGO

INTC

MA

MCD

META

NFLX

PM

QCOM

V

Goldman Sachs warns that the upcoming U.S. presidential election could significantly impact U.S. stocks, particularly those with international exposure. A Trump victory may lead to a stronger U.S. dollar and potential tariffs, which could negatively affect internationally-exposed stocks. Historical trends show domestically-focused stocks outperforming immediately after Trump's election but underperforming in the long term.

Portfolio Pulse from Piero Cingari

June 24, 2024 | 9:15 pm

RC

Ready Capital's division iBusiness Funding has entered into a share purchase agreement to acquire FC USA and its subsidiaries, contingent on the return of its SBLC license to the SBA. Ready Capital CEO Thomas Capasse expects the acquisition to significantly boost revenue and earnings.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:12 pm

RCL

12 analysts have recently evaluated Royal Caribbean Gr (NYSE:RCL), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 5.98% to $164.17. Analysts from firms like JP Morgan, Argus Research, and Truist Securities have raised their price targets, reflecting positive sentiment. Despite strong revenue growth, the company faces challenges with net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:02 pm

VLY

Valley National Bancorp (NASDAQ: VLY) has received mixed analyst ratings over the past three months, with a notable decline in average price targets. Analysts have lowered their ratings and price targets, reflecting concerns about the company's financial performance, including a decline in revenue growth and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:01 pm

SR

7 analysts have recently published ratings on Spire (NYSE:SR), showing a range of sentiments from bullish to indifferent. The average 12-month price target is $64.21, slightly down from the previous $64.75. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Spire's financials show positive revenue growth and strong net margins but face challenges with ROE, ROA, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:01 pm

MAR

Marriott International (NASDAQ:MAR) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.43%. A $100 investment in MAR 15 years ago would be worth $1,108.07 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:00 pm

ECL

Ecolab (NYSE:ECL) has outperformed the market over the past 20 years with an average annual return of 10.94%, resulting in a $1000 investment growing to $7,717.35. The company currently has a market capitalization of $69.86 billion.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 9:00 pm

AAPL

MSTR

Michael Saylor's 2012 prediction about Apple stock has gone viral. Saylor, co-founder of MicroStrategy, has been bullish on both Bitcoin and Apple. His prediction that Apple would reach $2,000 a share has proven accurate on a split-adjusted basis. MicroStrategy's investment in Bitcoin has also paid off significantly.

Portfolio Pulse from Chris Katje

June 24, 2024 | 8:40 pm