Streetbeat News

Revenues

ADC

Analysts have shown increased optimism towards Agree Realty (NYSE:ADC) with several raising their price targets and ratings. The average 12-month price target has risen by 8.36% to $71.06. Despite strong revenue growth and net margins, the company faces challenges with low ROE and ROA.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 6:00 pm

DIA

IWM

QQQ

SPY

TGT

XLB

XLF

XLU

Stocks trimmed gains on Wednesday due to a downward revision in nonfarm payrolls, indicating a weaker labor market. Target surged on strong earnings, while Macy's fell after lowering revenue guidance. Investors are anticipating the Fed's July meeting minutes.

Portfolio Pulse from Piero Cingari

August 21, 2024 | 5:47 pm

Fiserv (NYSE:FI) has significantly outperformed the market over the past 15 years, with an annualized return of 18.96%. A $1000 investment in Fiserv 15 years ago would now be worth $13,558.84, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

ETN

Eaton Corp (NYSE:ETN) has significantly outperformed the market over the past decade, with an annualized return of 15.65%, resulting in a $1000 investment growing to $4,262.13. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:30 pm

AMZN

Amazon is set to release 'Secret Level,' an adult-animated series inspired by popular video games, on Prime Video. This follows the success of its 'Fallout' adaptation. The series, premiering on December 10, could boost Amazon's streaming and gaming presence.

Portfolio Pulse from Chris Katje

August 21, 2024 | 5:20 pm

AER

AerCap Holdings (NYSE:AER) has significantly outperformed the market over the past 15 years, with an annualized return of 17.24%. A $100 investment in AER 15 years ago would be worth $1,071.30 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:00 pm

SQM

SQM's executive expressed confidence in the current capital expenditure in the lithium industry but anticipates that long-term lithium prices will differ from current levels. The executive emphasized a clear investment plan for the future.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 4:44 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) has significantly outperformed the market over the past 20 years, with an average annual return of 21.66%. A $100 investment in VRTX 20 years ago would be worth $4,896.18 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 4:30 pm

MLM

Martin Marietta Materials (NYSE:MLM) has outperformed the market over the past 20 years with an average annual return of 13.22%, surpassing the market by 4.78% annually. A $100 investment in MLM 20 years ago would now be worth $1,179.91.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 4:30 pm

MCD

NBCC

XLY

McDonald's Corporation (NYSE:MCD) shares are trading higher as the company plans to invest £1 billion in the U.K. and Ireland over the next four years, aiming to open new restaurants and create over 24,000 jobs. This expansion aligns with McDonald's global target of building 10,000 more restaurants by 2027, contributing to a 2% sales growth in 2024. Investors can gain exposure to McDonald's through ETFs like Neuberger Berman Next Generation Connected Consumer ETF (NYSE:NBCC) and Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY).

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 4:27 pm