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CTSH

Over the past 15 years, Cognizant Tech Solns (NASDAQ:CTSH) has produced an average annual return of 14.75%, outperforming the market. A $100 investment in CTSH 15 years ago would be worth $793.75 today. The company currently has a market capitalization of $35.00 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

VTLE

Over the past 3 months, 4 Wall Street analysts have provided ratings for Vital Energy (NYSE:VTLE), with 2 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target for VTLE is $76.00, with a high of $122.00 and a low of $55.00, marking a 28.81% increase from the previous target of $59.00.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

FND

Floor & Decor Holdings (NYSE:FND) received 14 analyst ratings in the last quarter, with an average 12-month price target of $92.21, representing an 11.92% decrease from the previous target of $104.69. The ratings include 5 bullish, 2 somewhat bullish, 6 indifferent, 1 somewhat bearish, and 0 bearish. The high price target is $120.00 and the low is $71.00. Analyst ratings are updated quarterly and are based on financial analysis and insider information.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

BNBUSD

BNB (CRYPTO: BNB) has seen a 4.5% price increase over the past 24 hours, reaching $256.3, and a 7.0% gain over the past week. The coin's all-time high is $686.31. Trading volume has increased by 27.0%, while the circulating supply has decreased by 0.75%, with a current market cap of $39.19 billion, ranking it #4.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

IFBD

MSFT

PLTR

VERI

AI sector stocks are trading higher due to increased volatility following Microsoft's announcement that Sam Altman and Greg Brockman will lead a new advanced AI research team.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 6:48 pm

ARM

Wells Fargo analyst Gary Mobley initiated coverage on Arm Holdings Plc (NASDAQ:ARM) with an Overweight rating and a $70 price target. The positive outlook is based on the company's growth potential, with revenue and adjusted EPS CAGR rates of 18% and 35% to 2027, respectively, and expected operating margin expansion to 54%. As a result, ARM shares saw an increase of 5.73% to $58.14.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 6:44 pm

ARGT

MSFT

NVDA

PARA

PENN

USO

XLE

XLK

U.S. stocks are trading higher, with major indices in the green. The U.S. dollar index has fallen to its lowest since August. Oil prices have rallied, with WTI surpassing $78 per barrel ahead of an OPEC+ meeting. The Energy Select Sector SPDR Fund (XLE) is up 0.5%. Treasury yields are flat. Tech stocks lead gains, with the Technology Select Sector SPDR Fund (XLK) up 1%. Microsoft hired former OpenAI executives, boosting its shares by 2%. Nvidia (NVDA) is up 1% before its earnings release. Citigroup (C) rose after announcing layoffs. Boeing (BA) surged 4% after an upgrade from Deutsche Bank. Paramount Global (PARA) soared 6.5% after selling Bellator MMA. PENN Entertainment (PENN) rallied 7% after an upgrade from Bank of America. The United States Oil Fund (USO) increased by 3.1%. European and emerging market ETFs saw mixed results, with ARGT up 12% after Argentina's presidential elections. Cryptocurrencies Bitcoin and Ethereum are up.

Portfolio Pulse from Piero Cingari

November 20, 2023 | 6:35 pm

COP

CVX

USO

XOM

OPEC is considering additional production cuts of 1 million barrels a day to support falling oil prices, on top of the existing 5 million b/d reduction. Crude oil prices rose on Monday, with Brent crude at $82.38 a barrel and WTI at $77.77. Oil majors Chevron, ConocoPhillips, and ExxonMobil have seen stock declines over the past month. The United States Oil Fund ETF also rose on Monday. The potential cuts are in response to fears of reduced demand due to slowing global growth and high interest rates.

Portfolio Pulse from Neil Dennis

November 20, 2023 | 6:32 pm

ADBE

Adobe Inc. (NASDAQ:ADBE) stock has risen by 13.48% over the past month and 85.06% over the past year, currently trading at $604.50. Investors are examining Adobe's P/E ratio in comparison to its software industry peers to determine if the stock is overvalued. Adobe's P/E is lower than the industry aggregate of 95.24, which could mean the stock is undervalued or that investors expect less future growth. The P/E ratio is a helpful tool but should be used alongside other metrics and analyses for investment decisions.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 6:30 pm

AVGO

Broadcom (NASDAQ:AVGO) has significantly outperformed the market with an average annual return of 36.34% over the past 10 years. A $100 investment in AVGO a decade ago would now be worth $2,271.72. The company's current market capitalization stands at $401.51 billion.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 6:30 pm