Streetbeat News

Revenues

TSLA

The article provides a comprehensive analysis of Tesla (NASDAQ:TSLA) compared to its peers in the Automobiles industry. Key financial metrics indicate that Tesla is potentially overvalued with high PE, PB, and PS ratios. The company shows lower profitability and operational efficiency with a low ROE, EBITDA, and gross profit. Additionally, Tesla's revenue growth is declining, but it has a stronger financial position with a lower debt-to-equity ratio compared to its top peers.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 3:00 pm

LHX

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years, delivering an average annual return of 14.5%. A $1000 investment in LHX 15 years ago would be worth $7,531.30 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 3:00 pm

GDDY

GoDaddy (NYSE:GDDY) has outperformed the market over the past 5 years with an average annual return of 15.27%, resulting in a $1000 investment growing to $2005.91. The company currently has a market capitalization of $20.09 billion.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 3:00 pm

MSFT

The article provides a comprehensive comparison of Microsoft (NASDAQ:MSFT) with its competitors in the software industry, focusing on key financial metrics, market position, and growth prospects. Microsoft shows strong performance in EBITDA, gross profit, and revenue growth, but has mixed signals in valuation metrics like PE, PB, and PS ratios.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 3:00 pm

ORCL

Oracle Corporation (NYSE:ORCL) shares are trading flat ahead of its Q4 and fiscal year 2024 results, which will be released on June 11. The company will host a conference call and webcast to discuss the results. Oracle's Q3 revenue increased by 7% year-over-year to $13.3 billion, missing the consensus estimate, but its earnings per share beat expectations. Recently, Oracle announced that Charleston Area Medical Center has adopted its Health RevElate Patient Accounting system, and it plans to open two Oracle Cloud Regions in Morocco.

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 2:56 pm

BA

LUV

Elliott Investment Management criticizes Southwest Airlines' outdated strategies and poor execution, promising a 77% stock return potential if changes are made. Elliott's $1.9 billion stake and the letter to the Board of Directors have boosted investor confidence, sending the stock price higher. The letter calls for new leadership and a comprehensive business review.

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 2:48 pm

BVN

Buenaventura has resumed ore processing operations at its El Brocal mine and expects to meet its production targets for Q3 and the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:47 pm

TMHC

Taylor Morrison Home (NYSE:TMHC) has outperformed the market over the past 5 years, delivering an average annual return of 22.04%. A $1000 investment in TMHC 5 years ago would be worth $2,722.63 today. The company currently has a market capitalization of $5.86 billion.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:31 pm

ABBV

AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years, delivering an average annual return of 12.01%. A $1000 investment in ABBV 10 years ago would be worth $3,124.63 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:31 pm

COST

FSTA

GM

XLP

Costco Wholesale Corporation (NASDAQ:COST) shares are trading flat today despite reporting strong sales growth for May and the first 39 weeks of FY24. The company also beat Q3 FY24 revenue and EPS estimates. Additionally, General Motors (NYSE:GM) is leveraging the Costco Auto Program for its EVs. Investors can gain exposure to Costco via SPDR Select Sector Fund – Consumer Staples (NYSE:XLP) and Fidelity MSCI Consumer Staples Index ETF (NYSE:FSTA).

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 2:28 pm