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EW

Over the past 20 years, Edwards Lifesciences (NYSE:EW) has produced an average annual return of 18.09%, outperforming the market by 10.52% on an annualized basis. A $100 investment in EW stock 20 years ago would be worth $2,723.92 today. The company currently has a market capitalization of $41.26 billion. The article highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

ANET

Arista Networks (NYSE:ANET) has experienced a 12.93% increase in short interest since its last report, with 3.33 million shares sold short, representing 1.31% of its float. The average time to cover these short positions is 1.28 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Arista Networks has a lower short interest compared to its peer group average of 7.92%.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

TMUS

Over the past decade, T-Mobile US (NASDAQ:TMUS) has yielded an average annual return of 19.19%, outperforming the market. A $1000 investment in TMUS 10 years ago would now be worth $5,654.16. The company's current market cap is $173.97 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

ZS

Zscaler (NYSE:ZS) has seen a rise in short interest, with 5.94 million shares sold short, representing 6.64% of available shares. The short percent of float increased by 6.41% since the last report, and it would take about 3.32 days to cover all short positions. High short interest compared to peers may indicate bearish market sentiment but can also be a bullish sign under certain conditions.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

WIT

Wipro (NYSE:WIT) has seen a decrease in short interest, with the short percent of float dropping 4.76% since the last report. The company has 10.48 million shares sold short, representing 0.2% of available shares for trading. The current short interest suggests a more bullish market sentiment towards Wipro compared to its peers, with the peer group average at 2.35% of float. The article indicates that while a decline in short interest doesn't guarantee a stock price rise, it is a positive sign that fewer shares are being shorted.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

FHN

First Horizon's stock (FHN) is trading higher following Citigroup's initiation of coverage with a Buy rating and a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 8:29 pm

WBS

Webster Financial's stock is trading higher following Citigroup's initiation of coverage with a Buy rating and a $51 price target.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 8:23 pm

WTFC

Wintrust Financial's stock (WTFC) is trading higher following a Buy rating initiation and a $101 price target from Citigroup.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 8:22 pm

NVO

Denmark's Health Minister, Sophie Lohde, has indicated a willingness to discuss cost-sharing for Novo Nordisk's weight-loss drug Wegovy. Novo Nordisk is working to convince European governments to subsidize the drug. In Denmark, a risk-sharing program already exists for severe obesity cases, but the largest private health insurer will stop reimbursing weight loss medication from January 2024. Novo Nordisk has spent $25.8 million over a decade promoting obesity drugs, with significant payments to physicians. NVO shares dropped 1.20% to $100.62.

Portfolio Pulse from Vandana Singh

December 01, 2023 | 8:20 pm

BLK

BNBUSD

Scott Johnsson from Van Buren Capital anticipates the SEC's approval of Spot Bitcoin ETFs between Jan. 5 and Jan. 10, 2024, based on a letter from the SEC. This follows Bloomberg analyst Eric Balchunas's prediction of a 90% chance of approval by Jan. 10. The SEC is reviewing applications from several firms, including BlackRock. Bitcoin's price recently surged to $39,000, its highest since May 2022, despite regulatory challenges such as Binance's $4.3 billion settlement.

Portfolio Pulse from Murtuza Merchant

December 01, 2023 | 8:20 pm