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NVO

Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 17.5%, outperforming the market by 7.05% on an annualized basis. A $100 investment in NVO a decade ago would now be worth $499.10. Novo Nordisk currently has a market capitalization of $536.06 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

BAC

Bank of America (NYSE:BAC) has significantly outperformed the market over the past 15 years, with an average annual return of 17.3%, turning a $100 investment into $1,084.38 today. The company's market capitalization stands at $270.54 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

VMC

Vulcan Materials (NYSE:VMC) has seen an 11.69% increase in its short percent of float since the last report, with 2.03 million shares sold short, representing 1.72% of available shares. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. Vulcan Materials has a higher short interest than its peer group average of 1.32%.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

WFRD

Weatherford International (NYSE:WFRD) has seen a decrease in short interest, now at 5.25% of its float, lower than its peer group average of 7.67%. This reduction from 2.92 million shares suggests a more bullish sentiment among investors. Short interest is a key indicator of market sentiment, and a decrease often signals increased investor confidence.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

BTCUSD

Gareth Soloway, known as a 'Master Trader' with a significant YouTube following, has increased his short position on Bitcoin (BTC), despite its recent price surge past $60,000. Soloway's move has sparked a mix of disbelief and amusement among Bitcoin enthusiasts, with some criticizing his decision as poor trading advice. Soloway, who has a history of bearish views on Bitcoin, is facing a challenging situation as Bitcoin's price continues to rise, making his short position increasingly underwater.

Portfolio Pulse from Ivan Crnogatić

February 29, 2024 | 7:52 pm

POL

Trading of Polished Inc. shares has been temporarily halted. The reason for the halt was not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 7:37 pm

LEV

Lion Electric Company (NYSE:LEV) reported Q4 2023 earnings with revenue of $60.4 million, below the consensus of $89.99 million, and a wider net loss of $(56.5) million compared to $(4.6) million in Q4 2022. The company delivered 188 units in the quarter, up from 174 units a year ago, and has over 1,850 vehicles on the road. The order book stands at 2,076 vehicles and 132 charging stations, with a combined value of approximately $504 million. LEV shares fell 15.3% to $1.42.

Portfolio Pulse from Vandana Singh

February 29, 2024 | 7:33 pm

RTX

High-rolling investors have shown a split sentiment on RTX (NYSE:RTX), with 50% bullish and 50% bearish, as per Benzinga's tracking of options data. A notable pattern emerged with 8 options trades, including 7 calls totaling $405,246 and 1 put for $29,670. The trades suggest a target price range for RTX between $70.0 and $95.0. RTX's current market status shows a 0.77% increase in stock price to $90.61, with indicators suggesting it may be approaching oversold. The next earnings report is expected in 54 days.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:32 pm

ADSK

Investors and traders have shown increased interest in Autodesk (NASDAQ:ADSK) through unusual options activity, indicating a bullish sentiment overall. The options scanner revealed 14 uncommon trades, with a sentiment split of 64% bullish and 36% bearish. The focus is on a price band between $210 and $350. Autodesk's current stock price is $256.35, with professional analysts setting an average price target of $286.75. The largest options trades suggest a bullish outlook despite the stock approaching overbought territory.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 7:32 pm

DAVA

ENVB

HAYW

KA

LPSN

SCTL

U.S. stocks showed mixed performance with the S&P 500 rising by 0.3%. Hayward Holdings (HAYW) shares surged over 17% following better-than-expected Q4 results. Societal CDMO (SCTL) and Enveric Biosciences (ENVB) also saw significant gains, while LivePerson (LPSN), Endava (DAVA), and Kineta (KA) experienced sharp declines. The market saw varied sector performance, with real estate leading and health care lagging.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 7:31 pm