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SHY

LCM Capital Management advises investors to buy individual fixed income securities such as municipal bonds, CD’s, Treasuries etc., instead of mutual funds or ETFs. The firm criticizes the fees, lack of maturity, and risks associated with these products. As an example, the firm bought a share of BlackRock’s iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) and found that the returns were lower than if they had bought a 1-year Treasury bond.

Portfolio Pulse from John Nowicki

October 02, 2023 | 8:08 pm

ODD

Oddity Tech Ltd. (NASDAQ:ODD) has announced preliminary unaudited financial results for Q3 2023, expecting to report record results and beat revenue guidance. The company anticipates a YoY net revenue growth for Q3 between 29-31%, exceeding initial guidance of 18-23%. The strong financial results are attributed to the company's platform, which is transforming the global beauty and wellness market. The company's brands, IL MAKIAGE and SpoiledChild, continue to deliver high growth and profitability.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:08 pm

BF.A

BF.B

The board of Brown-Forman has approved a share repurchase authorization of $400 million. This move is expected to return value to shareholders and potentially boost the company's stock price.

Portfolio Pulse from Bill Haddad

October 02, 2023 | 8:03 pm

RIVN

TSLA

Shares of electric vehicle (EV) stocks traded lower following the announcement of Q3 delivery and production figures by Tesla and Rivian. The article does not provide specific details about the figures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:02 pm

ADBE

AIQ

GOOG

META

NVDA

TSLA

Federal Reserve Vice Chair, Michael Barr, indicated that the U.S. central bank is nearing a level of interest rates that could be considered restrictive. Barr also discussed the potential of AI to improve productivity growth but warned of possible job displacement and disruptions. The Global X Artificial Intelligence & Technology ETF (AIQ) has grown by 32% this year, driven by contributions from tech giants such as Nvidia, Meta Platforms, Tesla, Alphabet, and Adobe.

Portfolio Pulse from Piero Cingari

October 02, 2023 | 8:02 pm

LNC

Analysts have provided indifferent to somewhat bearish ratings for Lincoln National (NYSE:LNC) in the last quarter. According to 8 analysts, Lincoln National has an average 12-month price target of $25.75, with a high of $32.00 and a low of $18.00. This average price target has increased by 7.29% over the past month.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:00 pm

TNDM

Tandem Diabetes Care (NASDAQ:TNDM) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 6 indifferent. The average 12-month price target for the company is $35.89, a 17.17% decrease from the previous average of $43.33.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:00 pm

MCD

In the last quarter, McDonald's (NYSE:MCD) received mostly bullish ratings from analysts, with an average 12-month price target of $328.08, a 2.52% increase from the previous average price target of $320.00. No bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:00 pm

TMO

Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 20 years by 9.38% on an annualized basis, producing an average annual return of 16.67%. If an investor had bought $100 of TMO stock 20 years ago, it would be worth $2,207.33 today.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:00 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 15 years, producing an average annual return of 17.65%. If an investor had bought $100 of MCO stock 15 years ago, it would be worth $1,117.24 today.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:00 pm