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MLM

Over the past 10 years, Martin Marietta Materials (NYSE:MLM) has produced an average annual return of 16.79%, outperforming the market. A $1000 investment in MLM a decade ago would be worth $4,657.05 today. The company's market capitalization currently stands at $28.69 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:30 pm

CPRT

Over the past 20 years, Copart (NASDAQ:CPRT) has delivered an average annual return of 21.61%, outperforming the market. A $100 investment in CPRT 20 years ago would be worth $5,060.47 today. Copart currently has a market cap of $46.62 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 3:30 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares dropped after a 30% rise on Monday. The decline follows the company's announcement of new deliveries of the All-Electric Class 3, Mullen Three, to Randy Marion Automotive Group, a major U.S. commercial fleet dealer. Despite the news, MULN shares are trading above their 50-day moving average and have a high short interest of 12.83%. The stock is currently down by 5% at 20 cents.

Portfolio Pulse from Erica Kollmann

December 05, 2023 | 3:29 pm

INTC

Benchmark analyst Cody Acree has maintained a Buy rating on Intel Corporation (NASDAQ:INTC) and increased the price target from $42 to $52.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:26 pm

MMSI

Merit Medical Systems Inc (NASDAQ:MMSI) stock dropped 9.5% after announcing a plan to offer $550 million in Convertible Senior Notes due 2029. The notes will be senior unsecured obligations, convertible into cash, stock, or a combination. The interest rate will be set upon pricing. Proceeds will be used for corporate purposes, including potential acquisitions, though no specific acquisition plans are disclosed.

Portfolio Pulse from Henry Khederian

December 05, 2023 | 3:25 pm

NVDA

Traders are circulating information that Investor Business Daily's SwingTrader has purchased NVIDIA stock, indicating potential increased interest in NVDA shares.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:24 pm

MLTX

MoonLake Immunotherapeutics shares surged following unconfirmed market rumors of a takeover approach, as discussed in a blog post being circulated among traders.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:23 pm

SWTX

SpringWorks Therapeutics Inc (NASDAQ:SWTX) stock dropped 8.4% after announcing a public offering priced at $29.00 per share. The offering includes approximately 9.48 million shares, aiming to raise about $275.0 million before expenses. The offering is expected to close on December 7, subject to standard closing conditions. Underwriters also have an option to buy an additional 1.42 million shares within 30 days. SWTX's 52-week range is between $18.00 and $34.16.

Portfolio Pulse from Henry Khederian

December 05, 2023 | 3:22 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, META, GOOGL, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible targets for bullish and bearish scenarios. It also advises traders to stay alert to market conditions and US data releases that could affect liquidity and trading decisions. The memo is part of the Market Clubhouse membership, which offers live market analysis, mentorship, and real-time trading insights from a professional trader known as RIPS.

Portfolio Pulse from RIPS

December 05, 2023 | 3:22 pm

GTLB

TD Cowen analyst J. Derrick Wood has maintained an Outperform rating on GitLab (NASDAQ:GTLB) and increased the price target from $63 to $71.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:22 pm