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MELI

Over the past 15 years, MercadoLibre (NASDAQ:MELI) has significantly outperformed the market, with an average annual return of 39.08%. A $100 investment in MELI 15 years ago would now be worth $16,454.17. The company's current market capitalization stands at $74.30 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 6:00 pm

CPRT

Over the past 10 years, Copart (NASDAQ:CPRT) has significantly outperformed the market, with an average annual return of 28.56%. A $100 investment in CPRT a decade ago would now be worth $1,243.46. The company's market capitalization currently stands at $49.16 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 6:00 pm

UAA

Under Armour (NYSE:UAA) has received four indifferent analyst ratings in the last quarter, with no bullish or bearish ratings. The average 12-month price target among these analysts is $8.38, with a high of $9.00 and a low of $8.00, representing a 16.2% decrease from the previous target of $10.00. Analysts rate stocks typically once a quarter and provide insights into company performance and stock potential.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 6:00 pm

BLNK

CHPT

Blink Charging Co (BLNK) shares dropped by 10.5% following ChargePoint Holdings Inc's (CHPT) preliminary Q3 report indicating lower-than-expected revenue and the announcement of a new CEO. ChargePoint's revenue is projected to be between $108 million to $113 million, down from the forecasted $150 million to $165 million. The market pressures, delivery delays, and economic conditions affecting ChargePoint may reflect broader sector challenges, potentially impacting Blink Charging's future performance and investor sentiment.

Portfolio Pulse from Henry Khederian

November 17, 2023 | 6:00 pm

MDB

MSFT

ORCL

Microsoft's stock dipped slightly after its Ignite event, but analysts remain optimistic, citing the unveiling of new AI and cloud offerings, including the AI assistant Copilot. KeyBanc and Piper Sandler maintain overweight ratings with price targets of $420 and $425, respectively. The event also bodes well for MongoDB and Oracle, with potential tailwinds for the database layer. Microsoft's Copilot is seen as a potential 'iPhone moment', with the ability to significantly impact future revenues and earnings.

Portfolio Pulse from Neil Dennis

November 17, 2023 | 5:51 pm

HUIZ

Huize Holding Limited's stock price is trading higher following the announcement of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 5:50 pm

BABA

MS

Alibaba Group Holding Ltd (BABA) shares fell after Q2 results and Morgan Stanley's removal of BABA as a top pick. Analysts from Morgan Stanley, Mizuho Securities, and Benchmark provided insights. Morgan Stanley's Gary Yu downgraded the price target to $110, citing uncertainties in consumption recovery and cloud strategy. Mizuho's James Lee maintained a Buy rating with a $120 target, highlighting potential catalysts but noting risks from U.S. tech bans. Benchmark's Fawne Jiang also maintained a Buy rating but lowered the target to $150, pointing to challenges in Alibaba's cloud and capital management strategies. Alibaba's stock was down 0.9% to $78.38 at the time of publication.

Portfolio Pulse from Surbhi Jain

November 17, 2023 | 5:50 pm

SAN

Banco Santander Inc. (NYSE:SAN) stock has risen by 0.75% in the current session to $4.02, with an 11.67% increase over the past month and a 46.18% increase over the past year. The company's P/E ratio of 6.06 is lower than the Banks industry average of 13.25, which could indicate that the stock is undervalued or that shareholders have lower growth expectations.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 5:45 pm

TMBR

Trading in shares of Timber Pharmaceuticals has been temporarily halted pending the release of material news from the company.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 5:42 pm

GLOB

Globant S.A. (NYSE:GLOB) reported Q3 earnings of $1.48 per share, surpassing estimates by $0.01, and sales of $545.28 million, slightly above the $545.23 million estimate. Shares rose 11.1% to $203.45. Analysts at Piper Sandler, Keybanc, and Needham revised their price targets for Globant following the earnings report, with Piper Sandler and Needham increasing their targets, while Keybanc decreased theirs, but all maintained positive ratings.

Portfolio Pulse from Lisa Levin

November 17, 2023 | 5:41 pm