Streetbeat News

Revenues

SPY

The upcoming September retail sales report is expected to show a 0.3% month-over-month increase, with some analysts, like Bank of America, predicting even stronger growth. This data could support the 'no landing' economic scenario, suggesting continued economic growth without a significant slowdown. The SPDR S&P 500 ETF Trust (SPY) is closely watched as it nears record highs, reflecting investor optimism. Despite strong retail sales, the Fed is expected to maintain its rate-cut path if disinflation continues.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 7:37 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market over the past decade, with an annualized return of 20.95%. A $100 investment in ENPH 10 years ago would be worth $756 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:31 pm

CTVA

Corteva (NYSE:CTVA) has delivered an average annual return of 17.79% over the past 5 years, outperforming the market by 3.52% annually. A $1000 investment in Corteva 5 years ago would now be worth $2,310, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:31 pm

APO

BLK

FDFF

NITE

BlackRock is in discussions with Mukesh Ambani's Jio Financial Services to establish a private credit venture in India. This would be their third collaboration, following asset management and stock broking ventures. BlackRock recently reported strong Q3 results with significant revenue growth and an increase in assets under management.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 7:22 pm

BAC

C

GS

JPM

WFC

Major banks including Bank of America, Citigroup, and Goldman Sachs reported better-than-expected Q3 earnings, continuing a positive trend in the banking sector. Morgan Stanley also showed strong growth in investment banking and wealth management.

Portfolio Pulse from Upwallstreet

October 16, 2024 | 7:01 pm

VSEC

VSE Corp (NASDAQ:VSEC) has been evaluated by four analysts over the past three months, with a majority holding a bullish outlook. The average 12-month price target has increased to $103.75, reflecting a 4.8% rise. Analysts have adjusted their ratings and price targets, with some raising their targets significantly. Despite positive revenue growth, VSE faces challenges with low net margins, ROE, and ROA compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:01 pm

APLS

The article discusses recent analyst ratings for Apellis Pharmaceuticals (NASDAQ:APLS), highlighting a range of opinions from bullish to bearish. Over the past three months, 18 analysts have provided ratings, with the majority being bullish or somewhat bullish. The average 12-month price target has decreased from $76.47 to $71.89. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Apellis Pharmaceuticals has shown significant revenue growth but faces challenges with profitability and financial risk due to high debt levels.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:00 pm

EOG

EOG Resources (NYSE:EOG) has received mixed analyst ratings over the past three months, with a recent trend of lowered price targets. The average 12-month price target is now $144.69, down 3.5% from the previous $149.94. EOG Resources is a significant player in the oil and gas sector, with strong financial metrics such as a 28.03% net margin and a 5.85% ROE. Despite positive revenue growth, it lags behind industry peers.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:00 pm

UAL

United Airlines Holdings (NASDAQ:UAL) has delivered an average annual return of 16.66% over the past 15 years, outperforming the market by 4.87% annually. A $100 investment in UAL 15 years ago would be worth $1,051.77 today.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:00 pm

KDP

Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 15 years with an average annual return of 15.05%. A $1000 investment 15 years ago would now be worth $8,125.75. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:00 pm