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TTWO

Over the past 15 years, Take-Two Interactive (NASDAQ:TTWO) has produced an average annual return of 22.22%, outperforming the market by 10.72% on an annualized basis. A $1000 investment in TTWO 15 years ago would be worth $21,331.35 today. The company's current market capitalization stands at $27.38 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

NKE

Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 15.0%, outperforming the market by 3.5% annually. A $1000 investment in NKE 15 years ago would be worth $8,470.59 today. Nike's market capitalization currently stands at $164.90 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

ETHUSD

Ethereum (CRYPTO: ETH) has seen a 4% increase in price over the last 24 hours, reaching $2,329.80, continuing a positive trend from the past week with a 2% gain. Despite a decrease in trading volume and circulating supply, Ethereum maintains a market cap ranking of #2 at $279.66 billion. The volatility of Ethereum's price is also depicted through Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:00 pm

CHRS

CING

FWBI

HALL

IOVA

ROI

U.S. stocks saw a slight increase with the Dow Jones gaining over 20 points. Coherus BioSciences, Inc. (NASDAQ:CHRS) announced FDA approval for UDENYCA ONBODY. First Wave BioPharma, Inc. (NASDAQ:FWBI) surged 236% after announcing a term sheet to sell its Niclosamide program. Cingulate Inc. (NASDAQ:CING) and RiskOn International, Inc. (NASDAQ:ROI) also saw significant gains. Hallmark Financial Services, Inc. (NASDAQ:HALL) and Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) experienced declines, with HALL intending to delist from Nasdaq and IOVA facing an FDA clinical hold.

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 2:56 pm

NXU

Nxu shares resumed trading and then were halted due to a circuit breaker triggered by a rapid increase in price. The stock is currently up 47.4%.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 2:53 pm

SHOP

SOL

Solana (SOL) ends 2023 on a high, reaching a new 52-week high and becoming a highly discussed cryptocurrency. Key highlights include airdrops, meme coins like Bonk (BONK) and Dogwifhat (WIF), and becoming the fourth-largest digital coin by market cap. Solana's partnerships with Visa (V), Mastercard (MA), and Shopify (SHOP) have strengthened its position. The Solana Saga mobile phone sold out, and the Helium Network migration to Solana was completed. Solana also launched a ChatGPT plugin and began tracking its carbon footprint. SOL's price surged over 800% YTD, outperforming Bitcoin (BTC) and Ethereum (ETH).

Portfolio Pulse from Chris Katje

December 27, 2023 | 2:44 pm

AAL

ALGT

MLI

PANL

PLPC

The article provides an overview of value stocks in the industrials sector, focusing on companies with low P/E multiples, indicating potential undervaluation. Notable value stocks mentioned include Mueller Industries (MLI), Preformed Line Products (PLPC), Pangaea Logistics Solns (PANL), Allegiant Travel (ALGT), and American Airlines Group (AAL). The article details their recent earnings per share and dividend yields, noting changes from the previous quarter. These stocks were selected by Benzinga Insights using a quantified analysis to give investors additional insight.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 2:41 pm

VTV

VUG

Todd Gordon, founder of Inside Edge Capital and TradingAnalysis.com, reviewed 2023 and provided predictions for 2024 on Benzinga's PreMarket Prep. He admitted over-diversifying his growth fund in 2023 but noted the tech sector's resilience. For 2024, he highlighted the importance of yield curves and predicted a stable interest rate environment, which could benefit tech investments. Growth stocks, particularly the Vanguard Growth ETF (VUG), are expected to outperform value stocks, like the Vanguard Value ETF (VTV). Gordon also mentioned the large amount of money in money market funds and the potential impact of Federal Reserve rate adjustments. He remains cautiously optimistic about the continuation of the bull market and sees growth in AI, cloud computing, and cybersecurity.

Portfolio Pulse from Piero Cingari

December 27, 2023 | 2:41 pm

BEPC

CIG

ENIC

OPAL

SPH

Benzinga Insights has identified several value stocks in the utilities sector based on low P/E ratios. These include OPAL Fuels (OPAL), Cia Energetica DE Minas (CIG), Brookfield Renewable (BEPC), Enel Chile (ENIC), and Suburban Propane Partners (SPH). The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, noting that value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 2:38 pm

NVDA

SPY

SSNLF

Nvidia Corp (NASDAQ:NVDA) is trading higher after reports of making significant advance payments to SK Hynix and Micron Technology, Inc (NASDAQ:MU) for High Bandwidth Memory (HBM). The payments, totaling billions, aim to secure a stable supply of HBM3e for Nvidia's 2024 GPU products. This move is seen as a proactive strategy in a competitive market. Nvidia's investment is also beneficial to memory suppliers like SK Hynix and Samsung Electronics Co (OTC:SSNLF), especially after a challenging year. Samsung has completed product testing for HBM3 and HBM3e and signed a supply contract with Nvidia, although its technology might require additional processes. Nvidia's stock has outperformed SPDR S&P 500 (NYSE:SPY) with a year-to-date gain of over 244%.

Portfolio Pulse from Anusuya Lahiri

December 27, 2023 | 2:37 pm