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SPOT

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years with an average annual return of 16.54%, resulting in a $100 investment growing to $206.54. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 5:00 pm

LOW

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 5 years with an average annual return of 18.32%, resulting in a $100 investment growing to $230.02. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 5:00 pm

UTEN

The Congressional Budget Office (CBO) has warned that federal interest costs are now higher than defense spending, with deficits expected to remain above 5.5% of GDP until 2034. The federal deficit is projected to rise to $1.9 trillion in 2024, up from $1.5 trillion estimated in February. By 2034, debt held by the public is expected to total $50.7 trillion, equating to 122% of GDP. Rising interest costs are the main driver behind these deficits, with net interest outlays projected to reach $1.7 trillion by 2034. The CBO's projections indicate persistent high deficits and escalating interest costs, posing significant financial strain for the U.S. government.

Portfolio Pulse from Piero Cingari

June 19, 2024 | 4:44 pm

PSTG

Pure Storage (NYSE:PSTG) has significantly outperformed the market over the past 5 years, delivering an average annual return of 34.15%. A $1000 investment in PSTG 5 years ago would now be worth $4,350.73. The company's current market capitalization is $22.29 billion.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 4:30 pm

HUBB

Hubbell (NYSE:HUBB) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.15%. A $100 investment in HUBB 5 years ago would be worth $308.96 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 4:30 pm

BTCUSD

ETHUSD

Travis Kling analyzed Bitcoin's underperformance relative to macro conditions and Ethereum's struggles before its ETF trading launch. Bitcoin is trading 10% below its ATHs despite favorable conditions, while the NASDAQ surged 16%. Bitcoin's sluggish performance is notable given strong ETF inflows. Ethereum remains 30% below ATH, and the broader altcoin market is down 32%. Kling speculates that U.S. government sales and Ethereum ETF repositioning are impacting Bitcoin.

Portfolio Pulse from Ivan Crnogatić

June 19, 2024 | 4:08 pm

GTLS

Chart Industries (NYSE:GTLS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 14.25%. A $100 investment in GTLS 15 years ago would be worth $767.13 today. The company's current market capitalization is $6.09 billion.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 4:00 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 10 years with an average annual return of 15.2%, resulting in a $100 investment growing to $408.95. The company currently has a market capitalization of $132.83 billion.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 4:00 pm

ACN

Accenture (NYSE:ACN) has outperformed the market over the past 10 years with an average annual return of 13.22%, surpassing the market by 2.31% annually. A $1000 investment in ACN 10 years ago would be worth $3,451.68 today.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 3:30 pm

TJX

TJX Companies (NYSE:TJX) has outperformed the market over the past 10 years with an average annual return of 15.14%, resulting in a $1000 investment growing to $4,023.35. The company currently has a market capitalization of $124.61 billion.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 3:30 pm