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C

Citi CFO Mark Mason expressed confidence in the resilience and strength of corporate and consumer balance sheets during an investor conference in New York.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 2:42 pm

DFS

Discover Financial Services (NYSE:DFS) has outperformed the market over the past 15 years with an annualized return of 15.5%, resulting in a $1000 investment growing to $8,750.50. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:30 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) has significantly outperformed the market over the past decade, with an annualized return of 24.11%. A $1000 investment in FCNCA 10 years ago would now be worth $8,681.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:30 pm

BIIB

ESALY

Biogen's Alzheimer's drug Leqembi, developed with Eisai, offers hope for early-stage Alzheimer's patients by slowing cognitive decline. Despite logistical challenges and side effects, sales have grown since its approval. Biogen is working on making the treatment more accessible.

Portfolio Pulse from Vandana Singh

September 09, 2024 | 2:12 pm

GMAB

Analysts have provided mixed ratings for Genmab (NASDAQ:GMAB) over the past three months, with a recent decrease in the average 12-month price target by 3.81%. Despite this, Genmab shows strong financial health with impressive revenue growth, net margin, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:00 pm

SPY

The USA wholesale inventories for July increased by 0.2%, which is below the estimated 0.3% but matches the prior month's increase. This data may influence market sentiment and impact ETFs like SPY that track the broader market.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 2:00 pm

TYL

Tyler Technologies (NYSE:TYL) has significantly outperformed the market over the past 20 years, with an annualized return of 23.33%. A $100 investment in TYL 20 years ago would now be worth $6,737.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:00 pm

APO

Apollo Global Management (NYSE:APO) has outperformed the market over the past 10 years with an average annual return of 16.58%, significantly increasing the value of investments over time.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:00 pm

ATO

Atmos Energy (NYSE:ATO) has received varied analyst ratings over the past three months, with a recent bullish sentiment. Analysts have set a 12-month average price target of $138, reflecting a 6.7% increase from the previous target. The company's financial performance is strong, with impressive revenue growth, net margin, and return on equity.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:00 pm

CACO

Caravelle International Group reported a significant decline in its financial performance for FY23, with an EPS of $(0.18), down from $0.24 the previous year, and revenue of approximately $95.3 million, down from $185.3 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 1:42 pm