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Over the past 20 years, Boeing (NYSE:BA) has produced an average annual return of 9.33%, outperforming the market by 1.88% on an annualized basis. A $100 investment in Boeing stock 20 years ago would be worth $602.84 today. Boeing's current market capitalization stands at $149.02 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 9:00 pm

ITCI

Intra-Cellular Therapies (NASDAQ:ITCI) received 4 analyst ratings in the last quarter, with an average price target of $81.0, representing an upside from the current price of $60.29. The ratings included 1 bullish and 3 somewhat bullish, with no indifferent, somewhat bearish, or bearish ratings. The current average price target has decreased by 1.22% from the previous target of $82.00. Analysts typically review stocks quarterly, basing their ratings on financial statements, meetings, and insider information.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 9:00 pm

HLT

MAR

MGM

Hotel and resort stocks are trading higher as AAA forecasts 115.2 million people to travel during the upcoming holiday season, indicating a potential increase in demand for travel and hospitality services.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 8:48 pm

SLB

SLB (NYSE:SLB) has seen a decrease in short interest, with the short percent of float falling 8.82% since the last report. The company has 17.65 million shares sold short, representing 1.24% of available shares. The average time to cover these short positions is 2.03 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. SLB's short interest is below its peer group average of 6.24%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 8:45 pm

TJX

TJX Companies (NYSE:TJX) has seen a 35.53% increase in short interest since its last report, with 11.81 million shares sold short, representing 1.03% of available shares. The short interest ratio is 1.78 days to cover. While an increase in short interest can indicate bearish sentiment, TJX has less short interest compared to its peer group average of 16.63%. The rise in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 8:45 pm

GPN

Global Payments (NYSE:GPN) has seen a 12.9% increase in short interest since its last report, with 3.61 million shares sold short, representing 1.4% of available shares. The short interest is lower than the peer group average of 6.05%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 8:45 pm

DIS

GOOG

GOOGL

NFLX

WBD

The top Google searches for 2023 included events like the war in Israel, natural disasters, and shootings, as well as individuals such as Damar Hamlin and Travis Kelce. Alphabet Inc's Google was the primary search engine used. Netflix's series 'Wednesday' starring Jenna Ortega, and David Beckham's documentary boosted Netflix's visibility. Pedro Pascal's roles in Disney+ and HBO series made him a highly searched individual. Alphabet Inc (GOOG, GOOGL), Netflix Inc (NFLX), Walt Disney Co (DIS), and Warner Bros. Discovery (WBD) are companies mentioned in relation to these searches.

Portfolio Pulse from Chris Katje

December 11, 2023 | 8:43 pm

TRMB

Activist investor Jana has taken a position in Trimble Inc. and is advocating for the company to concentrate on organic growth. Jana believes that Trimble, which specializes in GPS, laser, and optical technologies, should focus on its core businesses to enhance value for shareholders. The investor's push for organic growth suggests a strategy shift away from acquisitions and towards internal development and efficiency improvements.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 8:37 pm

AAPL

AMZN

GOOG

GOOGL

Wedbush analyst Dan Ives raised Apple Inc's (AAPL) price target from $240 to $250 and named it the 'Top Tech Pick' for 2024, anticipating it to become the first $4-trillion company. However, Virtus Investment Partners' Joe Terranova believes Alphabet Inc (GOOG, GOOGL) and Amazon.com Inc (AMZN) could outperform Apple in 2024 due to their potential in generative AI, which the market has somewhat overlooked. Cerity Partners' Jim Lebenthal agreed, highlighting Google's Gemini AI and Alphabet's value at 20 times forward earnings. Both analysts expect a rotation of investment into underappreciated mega-cap tech names in the next year.

Portfolio Pulse from Adam Eckert

December 11, 2023 | 8:35 pm

BTCUSD

DOGEUSD

ETHUSD

Dogecoin (DOGE) is down 7.2% amid a broader cryptocurrency market pullback. Bitcoin (BTC) also fell after a recent surge. The SEC's consideration of a Fidelity Ethereum (ETH) ETF reflects growing institutional interest in crypto. The market is focused on the upcoming FOMC meeting and inflation data, with expectations of steady rates, which previously led to a Bitcoin price increase.

Portfolio Pulse from Henry Khederian

December 11, 2023 | 8:33 pm