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INTU

Intuit (NASDAQ:INTU) has significantly outperformed the market over the past 15 years, delivering an average annual return of 22.9%. A $100 investment in INTU 15 years ago would be worth $2,208.15 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 6:00 pm

DIS

NFLX

WBD

Disney's latest animated release, Inside Out 2, has achieved significant success with $300 million in global ticket sales during its debut weekend. This marks a strong comeback for Disney, which has several other major releases lined up. Additionally, Disney's streaming services, Disney+ and Hulu, reported their first quarterly profit, and a new streaming bundle with Warner Bros. aims to rival Netflix.

Portfolio Pulse from Upwallstreet

June 17, 2024 | 5:57 pm

ACB

CGC

CRON

CURLF

GTBIF

TLRY

The medical cannabis packaging market is projected to grow from $6.5 billion in 2023 to $117.2 billion by 2032, driven by sustainability and compliance. Key players include Curaleaf Holdings, Green Thumb Industries, Canopy Growth Corp., Tilray Brands, Aurora Cannabis, and Cronos Group.

Portfolio Pulse from Patricio Liddle

June 17, 2024 | 5:54 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has outperformed the market over the past 5 years, delivering an average annual return of 18.09%. A $100 investment in BAH 5 years ago would be worth $230.42 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:30 pm

AME

AMETEK (NYSE:AME) has outperformed the market over the past 10 years, delivering an average annual return of 12.18%. A $1000 investment in AME 10 years ago would be worth $3,127.89 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:30 pm

TSM

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) shares are trading higher after Susquehanna maintained a Positive rating and raised its price target from $180 to $200. TSMC plans to increase the price of its 3nm wafers and advanced packaging next year. Major clients like Apple and Nvidia have reserved all production capacity until 2026. TSMC hit a new 52-week high of $178.33 and is trading above its 50-day moving average.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 5:28 pm

BABA

BABAF

Alibaba Group Holding Ltd (NYSE:BABA) is nearing a Golden Cross, signaling potential bullish momentum. Despite recent bearish trends, Alibaba's robust e-commerce business, significant AI capabilities, and expansion in the Chinese cloud industry are noteworthy growth drivers. The company's strong financial position and strategic investments in AI and cloud computing indicate a promising outlook.

Portfolio Pulse from Surbhi Jain

June 17, 2024 | 5:22 pm

PFE

Pfizer faces a lawsuit from Kansas for allegedly misleading claims about the safety and effectiveness of its COVID-19 vaccine. The lawsuit accuses Pfizer of violating consumer protection laws by marketing the vaccine as safe despite knowing about serious adverse events and waning efficacy. The suit claims Pfizer's misrepresentations helped it achieve record revenues.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 5:13 pm

CURLF

VRNOF

WMT

Verano Holdings Corp. and Curaleaf Holdings Inc. are investing in the local New Jersey cannabis market, repurposing vacant spaces like an abandoned Walmart to boost the local economy. Verano has opened a cultivation facility and dispensary, while Curaleaf operates six locations in the state. NewLake Capital is also partnering with local tenants. The cannabis market in New Jersey is growing, with over $800 million in sales and significant job growth.

Portfolio Pulse from Anthony Noto

June 17, 2024 | 5:02 pm

AXS

Analysts have provided mixed reviews for Axis Capital Holdings (NYSE:AXS) over the past three months, with a range of ratings from 'Somewhat Bullish' to 'Somewhat Bearish'. The average 12-month price target has increased to $72.2. Key financial indicators show strong net margins and ROE, but challenges in ROA and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:01 pm