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MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market with an annualized return of 33.11% over the past 5 years, resulting in an average annual return of 45.48%. A $1000 investment in MEDP 5 years ago would be worth $6,523.83 today. Medpace Holdings currently has a market capitalization of $12.24 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

PANW

Over the past 10 years, Palo Alto Networks (NASDAQ:PANW) has delivered an average annual return of 29.12%, outperforming the market by 18.29% annually. With a current market capitalization of $88.85 billion, an initial investment of $100 in PANW stock a decade ago would be worth $1,357.60 today.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 2:00 pm

SPY

USA Factory Orders for February increased by 1.4%, surpassing the estimated 1.1% and showing a significant improvement from the previous -3.8%. This indicates a stronger manufacturing sector than expected.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:00 pm

ACOR

GOEV

PAYX

VVPR

U.S. stocks traded lower with the Dow Jones falling over 400 points. Paychex, Inc. reported mixed Q3 results, missing sales expectations. VivoPower International, XTI Aerospace, and Kidpik Corp saw significant stock increases due to merger agreements and acquisitions. Conversely, Acorda Therapeutics, Gritstone bio, and Canoo Inc experienced substantial drops, with Acorda filing for Chapter 11 bankruptcy and Canoo issuing weak revenue guidance.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 1:58 pm

AYI

Acuity Brands, Inc. (NYSE:AYI) is set to announce its Q2 earnings on April 3, 2024, with expected earnings of $3.25 per share, up from $3.06 the previous year, and projected revenue of $908.75 million. The company recently increased its quarterly dividend to 15 cents per share and authorized an additional 3 million share repurchase. To earn a $500 monthly dividend from Acuity Brands, an investor would need to own approximately 10,000 shares, valued at $2,651,400. The article also explains how dividend yield changes with stock price and dividend payment adjustments. AYI's stock fell 1.3% to close at $265.14 recently.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 1:56 pm

DHI

LEN

MHO

PHM

TOL

Shares of homebuilders including DHI, LEN, MHO, PHM, and TOL are trading lower due to an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:55 pm

PVH

PVH Corp. (NYSE:PVH) shares fell after issuing weak Q1 guidance despite beating Q4 earnings and revenue expectations. The company reported Q4 earnings of $3.72 per share and revenues of $2.49 billion, with Tommy Hilfiger and Calvin Klein seeing revenue increases. However, PVH projects a Q1 EPS of $2.15 and a revenue decrease of about 11%, with a full-year revenue decrease of 6% to 7%. The board approved a $2.0 billion increase to the stock repurchase program.

Portfolio Pulse from Nabaparna Bhattacharya

April 02, 2024 | 1:53 pm

CZOO

Cazoo Group's shares have resumed trading, indicating a potential shift in the company's market presence and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:53 pm

DJT

Trump Media and Technology Group (NASDAQ:DJT), which operates Truth Social, reported a loss of $58.18 million in 2023 against revenues of $4.13 million, with interest payments of $39.43 million. An auditor expressed 'substantial doubt' about its ability to continue, impacting its stock value. Despite financial challenges, CEO Devin Nunes claims the company is debt-free with over $200 million in the bank. Shares dropped 21.47% to close at $48.66.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 1:51 pm

CZOO

Shares of Cazoo Group were halted due to a circuit breaker triggered by a sharp increase, with the stock rising 22.1%.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:48 pm