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Stock Prices

Edwards Lifesciences (NYSE:EW) has outperformed the market over the past 15 years by 9.2% on an annualized basis, producing an average annual return of 20.42%. If an investor had bought $1000 of EW stock 15 years ago, it would be worth $16,181.57 today.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:30 pm

IEF

TYD

TYO

UTEN

XTEN

The yield on 10-year Treasury bonds has surged to 4.98%, the highest level since mid-July 2007. Analysts from Morgan Stanley and Goldman Sachs see this as a buying opportunity, expecting yields to decrease to around 4.2%-4.3%. ETFs tracking the 10-year Treasury bond include US Treasury 10 Year Note ETF (UTEN), iShares 7-10 Year Treasury Bond ETF (IEF), and BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN). Leveraged ETFs such as Direxion Daily 10-YR Treasury Bull 3X Shrs (TYD) and Direxion Daily 10-YR Treasury Bear 3X Shrs (TYO) also aim to amplify the returns of the underlying 10-year Treasury bonds.

Portfolio Pulse from Piero Cingari

October 19, 2023 | 3:30 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 20 years, producing an average annual return of 11.57%. If an investor had bought $100 of IDXX stock 20 years ago, it would be worth $890.82 today. The company currently has a market capitalization of $35.16 billion.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:30 pm

JPM

JPMorgan Chase Inc.'s (NYSE:JPM) share price is currently at $145.98, after a 0.05% increase. Over the past month, the stock fell by 0.79%, but in the past year, it spiked by 19.43%. The company's P/E ratio is lower than the aggregate P/E of the Banks industry, indicating that the stock might be undervalued.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:30 pm

AIQ

NOK

SMH

TSLA

TSM

Tesla's stock is in a downtrend due to rising interest rates, despite the company's strong product lineup and competitive pricing. Taiwan Semiconductor's profits fell by 25%, but the company predicts a drop in industry inventory levels, indicating a potential buying opportunity in semiconductors. Two ETFs, Global X Artificial Intelligence & Technology ETF and VanEck Semiconductor ETF, are of special interest. The market is awaiting Fed Chair Powell's speech for clues on monetary policy. Jobless claims are lower than expected, indicating a strong job market. Nokia is laying off 14,000 employees. Money flows are positive in Amazon, Alphabet, Meta Platforms, Microsoft, and NVIDIA, neutral in Apple, and negative in Tesla.

Portfolio Pulse from The Arora Report

October 19, 2023 | 3:29 pm

ICU

SeaStar Medical's shares are trading higher following the FDA's Breakthrough Device Designation for the company's Selective Cytopheretic Device for hepatorenal syndrome.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 3:29 pm

NXU

Nxu has announced a $3 million public offering of common stock, with 86 million shares being offered at an average price of $0.035 per share. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 3:23 pm

AMD

DELL

HPQ

TSM

Advanced Micro Devices (AMD) stock is trading higher after Taiwan Semiconductor Manufacturing Company (TSMC) reported upbeat quarterly earnings and outlook. TSMC, a crucial supplier for AMD, reported a revenue decline of 14.6% YoY to $17.28 billion, beating the consensus of $17.07 billion. AMD also launched its flagship laptop graphics processor, AMD Radeon RX 7900M, and showcased AMD Ryzen Threadripper PRO 7000 WX-Series processors. The new products will be available later this year to partners including Dell, HP, and Lenovo.

Portfolio Pulse from Anusuya Lahiri

October 19, 2023 | 3:22 pm

EWU

SPY

The London Stock Exchange is investigating an incident that has limited trading to only FTSE 100, FTSE 250, and IOB securities. The impact on US-listed ETFs like EWU and SPY is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 3:21 pm

BACHF

CILJF

SIOLY

SWRAY

Three Hong Kong-based companies made significant announcements. Sino-Ocean Group Holding Limited (OTC:SIOLY) requested another week to make a bond interest payment, which could negatively impact its parent company, China Life Insurance Co Ltd (OTC:CILJF). Bank of China Limited (OTC:BACHF) issued a prospectus for a $1.6 billion medium term note, indicating a potentially stronger outlook. Swire Pacific Limited (OTC:SWRAY) issued a prospectus for a $5 billion medium term note offering, which could strengthen its position against struggling rivals.

Portfolio Pulse from Daniel Harrison

October 19, 2023 | 3:20 pm