Streetbeat News

Revenues

CLH

ETN

PH

RSHO

SPY

SUM

The Tema American Reshoring ETF (NYSE:RSHO) has outperformed the S&P 500 Index over the past year, achieving a 32% annual gain without holding any of the Magnificent Seven stocks. The ETF focuses on companies involved in reshoring manufacturing to the U.S. due to supply chain insecurity, trade wars, and geopolitical tensions. Key holdings include Eaton Corp (NYSE:ETN), Parker-Hannifin Corp (NYSE:PH), Summit Materials Inc. (NYSE:SUM), and Clean Harbors Inc. (NYSE:CLH).

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:46 pm

ETHUSD

GME

SOLUSD

Roaring Kitty's return has led to a significant surge in GameStop (GME) stock and related meme coins. An investor made an unrealized profit of $300,000 on Ethereum-based GME tokens. GameStop shares rose by 22%, and GME tokens on various blockchains saw substantial gains.

Portfolio Pulse from Murtuza Merchant

June 03, 2024 | 5:38 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.54%. A $1000 investment in DXCM 5 years ago would be worth $3,807.28 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

NSIT

Insight Enterprises (NASDAQ:NSIT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.96%. A $1000 investment in NSIT 5 years ago would now be worth $3,756.78.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

RRX

Regal Rexnord (NYSE:RRX) has outperformed the market over the past 20 years with an average annual return of 10.06%, resulting in a $1000 investment growing to $6,939.56. The company currently has a market capitalization of $9.95 billion.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:00 pm

AON

Aon (NYSE:AON) has outperformed the market over the past 10 years with an average annual return of 11.98%, resulting in a $1000 investment growing to $3,093.59. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:00 pm

IBKR

Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported its May 2024 brokerage metrics, showing significant growth in key areas such as Daily Average Revenue Trades (DARTs), client equity, margin loan balances, and client accounts compared to the prior year and month.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:44 pm

INOD

Innodata shares are trading higher after the company announced new contracts valued at around $44 million from 'Magnificent Seven' Big Tech customers.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:41 pm

HCSG

Healthcare Services Group, Inc. (NASDAQ:HCSG) announced a Q2 non-cash charge of ~$0.20 per share due to LaVie Care Centers' Chapter 11 bankruptcy filing. HCSG expects no disruption in postpetition payments and maintains its Q2 and 2024 adjusted cash flow expectations.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:37 pm

FCEL

FuelCell Energy, Inc. (NASDAQ:FCEL) shares are trading higher, up more than 12% over the past five days. The company announced a significant agreement with Gyeonggi Green Energy Co., Ltd. to supply 42 upgraded fuel cell modules and a seven-year service agreement, expected to generate $160 million in revenue. Additionally, 22.63% of available shares are being sold short, which can lead to large price movements. FuelCell Energy is set to report its second-quarter financial results on June 10, with analysts expecting losses of 8 cents per share and quarterly revenue of $21.351 million. The stock has an average 1-year price target of $1.75, indicating a potential upside of 79.4%.

Portfolio Pulse from Erica Kollmann

June 03, 2024 | 4:31 pm