Streetbeat News

Revenues

LMT

The U.S. State Department has approved a potential $1.05 billion foreign military sale to Austria for UH-60M Blackhawk helicopters and related support.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 7:13 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 15 years with an average annual return of 15.27%, resulting in a $1000 investment growing to $8,298.44. The company currently has a market capitalization of $129.33 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:00 pm

ASML

ASML Holding (NASDAQ:ASML) has significantly outperformed the market over the past 15 years, delivering an average annual return of 26.72%. A $100 investment in ASML 15 years ago would be worth $3,530.15 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:00 pm

CAVA

CAVA Group Inc. (NYSE:CAVA) reported a 30.3% increase in first-quarter revenue to $256.3 million, beating estimates. Quarterly earnings of $0.12 also surpassed expectations. Wedbush maintains an Outperform rating, raising the price target from $74 to $90, citing positive transaction growth and strong long-term prospects.

Portfolio Pulse from Vandana Singh

May 29, 2024 | 6:57 pm

BATT

CPER

LAC

LIT

PLL

WBAT

The growing adoption of hybrid electric vehicles (HEVs) is set to impact the demand for key raw materials like lithium, rare earths, copper, and aluminum. While lithium and rare earths may see a decline in demand due to lower battery electric vehicle (BEV) sales, copper demand is expected to rise. ETFs such as LIT, BATT, WBAT, and CPER, along with companies like Lithium Americas Corp, Piedmont Lithium Inc, and MP Materials Corp, are directly affected by these shifts.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 6:47 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) is set to report its Q3 earnings on May 30. Analysts expect revenue of $58.07 billion and EPS of $3.70. Key items to watch include foot traffic data, potential membership fee increases, and market share gains. Analysts have given mixed ratings but generally positive price targets.

Portfolio Pulse from Chris Katje

May 29, 2024 | 6:33 pm

WELL

Welltower (NYSE:WELL) has significantly outperformed the market over the past 15 years, delivering an average annual return of 18.23%. A $1000 investment in WELL 15 years ago would be worth $12,141.30 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:30 pm

SAIA

Saia (NASDAQ:SAIA) has significantly outperformed the market over the past decade, delivering an average annual return of 24.73%. A $100 investment in Saia 10 years ago would now be worth $890.91, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:30 pm

AIQ

BOTZ

ROBO

SPY

The article discusses the performance of major AI ETFs in 2024, including BOTZ, AIQ, and ROBO, and compares them to the S&P 500. BOTZ and AIQ have appreciated by 10.63% and 10.33% respectively, while ROBO has declined by 0.94%. None of these ETFs outperformed the S&P 500, which gained 11.46% in 2024.

Portfolio Pulse from Hayden Buckfire

May 29, 2024 | 6:22 pm

CAE

CAE's SkyAlyne joint venture has been awarded a 25-year contract worth CDN$11.2 billion for Canada's Future Aircrew Training (FAcT) Program. This contract is a significant achievement for CAE and will support the modernization of Canada's defence forces.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:05 pm