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OII

Oceaneering International (OII) has secured a significant contract worth approximately $50 million from a domestic independent energy company. The contract involves supplying an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico. Manufacturing will begin in 2025 at the Panama City, Florida facility, with final delivery expected in Q2 2026.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:06 pm

WAB

Westinghouse Air Brake (NYSE:WAB) has outperformed the market over the past 5 years with an average annual return of 18.73%, resulting in a $100 investment growing to $237.23. The company currently has a market capitalization of $28.50 billion.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 9:01 pm

FCFS

FirstCash Holdings (NASDAQ:FCFS) has outperformed the market over the past 20 years with an average annual return of 12.16%, resulting in a significant growth in investment value. A $100 investment in FCFS 20 years ago would be worth $977.64 today.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 9:00 pm

RKLB

Rocket Lab successfully launched its 50th Electron mission, deploying satellites for the French IoT company Kinéis.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:49 pm

ASAN

Asana Inc. (NYSE:ASAN) announced a $150 million stock repurchase program and reaffirmed its forward guidance, leading to a 3.61% increase in its share price. The company aims to repurchase up to $150 million of its Class A common stock by June 30, 2025, and maintains its financial outlook for the second quarter and fiscal year 2025.

Portfolio Pulse from Erica Kollmann

June 20, 2024 | 8:44 pm

WELL

Welltower (NYSE:WELL) has outperformed the market over the past 20 years with an average annual return of 9.31%. A $100 investment in WELL 20 years ago would be worth $643.94 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:30 pm

POOL

Pool Corporation (NASDAQ:POOL) has significantly outperformed the market over the past 20 years, delivering an average annual return of 12.79%. A $100 investment in POOL 20 years ago would be worth $1,135.29 today. The company currently has a market capitalization of $12.78 billion.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:30 pm

AMZN

GOOG

GOOGL

MSFT

ROKU

SONY

VZIO

WMT

Roku, Inc. (NASDAQ:ROKU) is experiencing a bull-bear debate as analysts weigh its growth potential against competitive threats. Needham analyst Laura Martin maintains a Buy rating with a $100 price target, citing revenue opportunities from programmatic CTV ad sales, subscription revenue shares, home page monetization, and CTV data revenue. However, competition from larger companies like Google, Amazon, Microsoft, and Sony, as well as rising content costs and Walmart's acquisition of Vizio, pose significant risks.

Portfolio Pulse from Surbhi Jain

June 20, 2024 | 8:22 pm

SPY

U.S. Treasury Secretary Janet Yellen stated that President Biden would protect tax benefits for families earning $400,000 or less. This announcement could have implications for consumer spending and overall economic sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:19 pm

NBR

Nabors Industries CFO William Restrepo participated in the J.P. Morgan Energy, Power & Renewables Conference, confirming strong activity and financial results in both international and U.S. drilling segments. He highlighted a positive outlook for drilling solutions and maintained the 2024 capital expenditures estimate at $590 million.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:16 pm