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GDX

IWM

TAN

XLRE

Following the Federal Reserve's meeting and Powell's press conference, sectors like real estate, small-cap companies, gold miners, and solar stocks have rallied due to the expectation of interest rate cuts in 2024. The Real Estate Select Sector (XLRE) surged 6%, the iShares Russell 2000 ETF (IWM) rose 6.9%, the VanEck Gold Miners ETF (GDX) soared 8.8%, and the Invesco Solar ETF (TAN) skyrocketed 17%. Lower interest rates reduce borrowing costs, making mortgages and loans more affordable, which boosts real estate demand and prices. Small-cap companies benefit from cheaper traditional bank financing, and solar and gold mining companies gain from lower capital borrowing costs and higher present value of future cash flows.

Portfolio Pulse from Piero Cingari

December 14, 2023 | 6:18 pm

CUBE

MAA

O

The article discusses the benefits of investing in REITs for retirees to combat inflation, highlighting three REITs that have recently raised their dividends: Realty Income Corp (O), Mid-America Apartment Communities Inc. (MAA), and CubeSmart (CUBE). Realty Income Corp announced a slight increase in its monthly dividend, maintaining a high occupancy rate and a strong total return since 1995. Mid-America Apartment Communities announced a 5% increase in its quarterly dividend, marking consistent growth and a strong dividend increase history. CubeSmart announced a 4.1% increase in its quarterly dividend, continuing its record of dividend growth and a high yield since its IPO.

Portfolio Pulse from Ethan Roberts

December 14, 2023 | 6:04 pm

SAIA

Over the past 3 months, 11 Wall Street analysts have published their opinions on Saia Inc. (NASDAQ:SAIA), with an average price target of $423.18, representing an implied upside from the current price of $398.78. The consensus among these analysts is leaning towards a bullish outlook, with 3 bullish, 4 somewhat bullish, 3 indifferent, and 1 somewhat bearish ratings. The current average price target has increased by 10.04% from the previous target of $384.57. Analysts' ratings are based on various data sources, including company calls, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 6:01 pm

VGZ

WPM

Vista Gold Corp. stock (VGZ) has risen following the announcement of a $20 million royalty agreement with Wheaton Precious Metals for the Mt Todd gold project.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:59 pm

AYX

Insight Partners and Clearlake Capital Group are in advanced discussions to purchase Alteryx Inc at approximately $50 per share, according to Reuters News.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:53 pm

DE

On CNBC, investor Steve Weiss announced that he has increased his position in Deere & Co, a manufacturer of agricultural machinery. Weiss's endorsement could potentially influence investor sentiment and lead to increased interest in Deere & Co's stock.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:52 pm

VCIG

VCI Global's financial technology arm, Accuventures Sdn Bhd, is set to acquire EVOLET, causing VCI Global shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:52 pm

OPTT

Ocean Power Technologies' stock is trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:49 pm

NXTC

NextCure shares have declined following the company's release of year-end clinical pipeline updates.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:49 pm

GME

GameStop (NYSE:GME) is shifting strategy to acquire undervalued companies close to bankruptcy, leveraging its financial strength and CEO Ryan Cohen's experience in turning around struggling retailers. With $1.2 billion in cash and minimal debt, GameStop aims to buy distressed retail assets cheaply, expanding into new markets and e-commerce.

Portfolio Pulse from Kevin Malone

December 14, 2023 | 5:46 pm