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Revenues

BYD

Chery, a major Chinese automaker, is experiencing significant growth in exports and new energy vehicle sales. The company is considering an IPO in Hong Kong, with a valuation significantly lower than previously reported. Chery's exports have surpassed those of BYD, making it China's top car exporter. The company is expanding its production capabilities in Europe and Southeast Asia, despite potential delays due to EU tariffs.

Portfolio Pulse from The Bamboo Works

October 15, 2024 | 4:28 pm

AAWH

AFCG

AFC Gamma, Inc. (NASDAQ:AFCG) and Ascend Wellness Holdings, Inc. (OTCQX:AAWH) are set to report their Q3 2024 earnings in November. AFC Gamma, a leading cannabis lender, has shown growth with new deals and declared dividends. Ascend Wellness reported strong Q2 growth and recently underwent leadership changes.

Portfolio Pulse from Jelena Martinovic

October 15, 2024 | 4:18 pm

ELV

UNH

Elevance Health's shares fell by 3.8% following UnitedHealth Group's earnings report, which highlighted competitive pressures. UnitedHealth's strong performance and market share gains pose challenges for Elevance, impacting its stock. Both companies face rising medical costs and regulatory scrutiny.

Portfolio Pulse from Henry Khederian

October 15, 2024 | 4:07 pm

ADDYY

NKE

Adidas reported strong Q3 results, with a 10% YoY increase in currency-neutral revenues and a 7% increase in Euro revenues to €6.44B. Excluding Yeezy, revenues rose 14%. The gross margin improved to 51.3%, and operating profit increased to €598M, including €50M from Yeezy inventory sales. Adidas raised its FY operating profit expectation to around €1.2B and revenue growth forecast to 10%.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:06 pm

SUM

Analysts have provided mixed ratings for Summit Materials (NYSE:SUM) over the past quarter, with a range of price targets and opinions from bullish to bearish. The average 12-month price target is $47.0, with a high of $56.00 and a low of $41.00. Recent analyst actions include maintaining, lowering, and raising ratings, reflecting varied perceptions of the company's performance. Summit Materials has shown strong revenue growth but faces challenges with profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:01 pm

TXRH

In the last three months, 13 analysts have provided ratings for Texas Roadhouse (NASDAQ:TXRH), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 4.4% to $188.08. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including a 14.51% revenue growth rate and strong profitability metrics.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:01 pm

BLNK

Analysts have recently shared mixed opinions on Blink Charging (NASDAQ:BLNK), with a majority being bullish. The average 12-month price target has decreased from $7.38 to $4.7, reflecting a 36.31% decline. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Blink Charging has shown positive revenue growth but faces challenges with net margin and return on assets.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:00 pm

HPQ

HP (NYSE:HPQ) has outperformed the market over the past 5 years, achieving an average annual return of 17.3%. A $1000 investment in HPQ 5 years ago would now be worth $2,240.65, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:00 pm

ELV

Elevance Health (NYSE:ELV) has significantly outperformed the market over the past decade, with an average annual return of 15.04%. A $1000 investment in ELV 10 years ago would now be worth $4,207.35, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:00 pm

BBY

Analysts have varied ratings for Best Buy Co (NYSE:BBY), with recent trends showing an increase in average price targets. The company's financial health is strong, with a high market capitalization, efficient cost management, and a robust return on equity. Despite a recent revenue decline, Best Buy remains a leading consumer electronics retailer in the US.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:00 pm