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U.S. stocks traded higher with the Nasdaq Composite gaining around 150 points. Retail sales were flat for April. OptimizeRx Corporation, Edible Garden AG, and iPower Inc. saw significant stock price increases following positive quarterly results. Virpax Pharmaceuticals, Pixelworks, and Aethlon Medical experienced substantial declines due to public offerings and soft guidance.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 4:05 pm

INFN

Infinera (NASDAQ:INFN) has received varied analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased to $7.5, reflecting a 21.56% rise from the previous target. Analysts have maintained or raised their ratings, indicating positive sentiment towards the company's future performance. Infinera has shown strong revenue growth and profitability, but faces challenges with its return on equity and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:01 pm

TTEK

Analysts' ratings for Tetra Tech (NASDAQ:TTEK) over the last quarter show a range of sentiments from bullish to indifferent. The average 12-month price target has increased by 6.82% to $224.5. Key analysts have raised their price targets, reflecting positive market dynamics and company performance. Tetra Tech has demonstrated strong financial performance with impressive revenue growth, net margin, ROE, and ROA, and maintains a sound financial structure with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:00 pm

XPO

XPO (NYSE:XPO) has significantly outperformed the market over the past 15 years, achieving an average annual return of 48.31%. A $100 investment in XPO 15 years ago would be worth $37,791.41 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:00 pm

MA

Mastercard (NYSE:MA) has significantly outperformed the market over the past 10 years, delivering an average annual return of 20.01%. A $1000 investment in Mastercard 10 years ago would be worth $6,179.94 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:00 pm

BWMN

Bowman Consulting Group Ltd. (NASDAQ:BWMN) has been selected by the Arizona Department of Transportation to provide engineering and oversight services for a pedestrian and bicycle grade separation project at Arizona State University's Tempe campus. This marks Bowman's first major contract with ADOT, indicating its strategic expansion into public works and transportation markets in the Western U.S. The project is set to begin construction in late 2025.

Portfolio Pulse from Nabaparna Bhattacharya

May 15, 2024 | 3:42 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) reported its fiscal fourth-quarter results, showing double-digit year-on-year growth in gross merchandise value (GMV) but a decline in consolidated EBITA due to higher investments. Analysts from Mizuho, Truist, and Benchmark maintained Buy ratings but reduced their price targets. The Cloud business is expected to see double-digit growth in fiscal 2025.

Portfolio Pulse from Priya Nigam

May 15, 2024 | 3:39 pm

AYRWF

AYR Wellness Inc. reported its Q1 2024 financial results, showing slight revenue growth and a significant reduction in operating loss. The company anticipates flat to modest revenue growth in Q2 2024, with stronger growth expected in the second half of the year. AYR is positioning itself for success in key state-level cannabis markets in Ohio, Florida, and Pennsylvania.

Portfolio Pulse from Jelena Martinovic

May 15, 2024 | 3:31 pm

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years, delivering an average annual return of 17.51%. A $1000 investment in SBUX 15 years ago would be worth $11,146.86 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:30 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 15 years, delivering an average annual return of 21.5%. A $1000 investment in Adobe 15 years ago would be worth $18,341.80 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:30 pm