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Stock Prices

ODC

Oil-Dri Corporation of America (ODC) shares have risen following the announcement of improved year-over-year financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:12 pm

AXP

Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 15.42%, outperforming the market by 3.96% on an annualized basis. A $1000 investment in AXP 15 years ago would be worth $8,483.30 today. American Express currently has a market cap of $123.14 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:01 pm

UNIUSD

Uniswap's cryptocurrency UNI has seen a 4.19% increase in price over the last 24 hours, reaching $6.23, despite a 2.0% decline over the past week. The coin's all-time high is $44.92. Trading volume has decreased by 56.0% over the past week, while the circulating supply has risen by 0.4% to 753.77 million, which is 75.38% of the max supply. UNI's market cap is currently ranked #21 at $4.70 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:00 pm

Electronic Arts (NASDAQ:EA) has received 8 analyst ratings in the last quarter, with an average 12-month price target of $149.62, a high of $162.00, and a low of $139.00. The ratings include 2 bullish, 2 somewhat bullish, and 4 indifferent. The average price target has increased by 5.61% over the past month. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:00 pm

CRM

Salesforce Inc. (NYSE:CRM) stock price dropped by 0.42% to $251.03 in the current market session, despite a 15.30% increase over the past month and an 89.25% rise over the past year. The company's P/E ratio of 95.86 is lower than the Software industry average of 146.02, which could suggest that Salesforce is undervalued or expected to perform worse than its peers.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:00 pm

ATOMUSD

Cosmos Hub's cryptocurrency, ATOM, saw a significant price increase of 21.64% within 24 hours, reaching $11.69. Over the past week, ATOM has gained 15.0%, rising from $9.87. Despite the recent surge, it is still below its all-time high of $44.45. The trading volume for ATOM has increased by 260.0% over the past week, and the circulating supply has grown by 0.32% to 292.59 million. ATOM's market cap is currently ranked #26, valued at $3.40 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:00 pm

MATICUSD

Polygon's (CRYPTO: MATIC) price has risen by 5.18% in the last 24 hours, reaching $0.87, continuing a weekly upward trend with a 5.0% gain. The coin's all-time high is $2.92. Trading volume increased by 46.0% over the past week, and the circulating supply rose by 0.37% to 9.28 billion, which is 92.83% of the max supply. MATIC's market cap is currently ranked #14 at $8.09 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 7:00 pm

CAVA

DIA

ENPH

FSLR

JCI

LCID

MRVI

ORCL

QQQ

SEDG

SPY

TAN

XLE

XLF

U.S. stocks are approaching all-time highs with the VIX at nearly 3-year lows ahead of the Fed meeting. Inflation data for November showed a slight decrease, aligning with estimates. The U.S. dollar index dipped slightly, while Treasury yields were stable. Gold and Bitcoin declined, and oil prices faced downward pressure. SPY, DIA, and QQQ ETFs saw modest gains, while XLF rose and XLE fell. Solar ETF TAN dropped significantly. LCID, ORCL, CAVA, MRVI, SEDG, ENPH, FSLR, and JCI stocks had notable movements due to various company-specific news.

Portfolio Pulse from Piero Cingari

December 12, 2023 | 6:56 pm

HEI

TDG

VSEC

William Blair analyst Louie DiPalma initiated coverage on Boeing (BA), Transdigm Group (TDG), and Heico Corporation (HEI), with an Outperform rating, and reiterated the same rating for VSE Corporation (VSEC). DiPalma predicts an aftermarket supercycle in the aviation industry due to increased travel and aging aircraft fleets. Boeing is expected to resume sales of B737 MAX to Chinese airlines. TransDigm is anticipated to return to its historical average premium valuation, and Heico is expected to see at least a 21% upside due to its unique FAA-PMA parts production method.

Portfolio Pulse from Shivani Kumaresan

December 12, 2023 | 6:52 pm

TLT

The Federal Reserve's final meeting of 2023 is anticipated to provide crucial economic projections and a dot plot indicating future interest rate expectations. The consensus is that the rate-hiking cycle has peaked, with rates expected to stabilize between 5.25%-5.50%. Investors are focused on the FOMC's new economic projections and the dot plot for insights into the Fed's economic outlook. The September dot plot suggested a median rate of 5.6% by the end of 2023, which has not been realized, and a 50-basis-point reduction to 5.1% by the end of 2024, contrasting with market expectations of significant cuts to 4%-4.25%. A median dot projection above 4.9% for 2024 would be seen as hawkish, while a cut to 4.6% or below would be interpreted as dovish. The iShares 20+ Year Treasury Bond ETF (TLT) has risen 12% since the November FOMC meeting, reflecting market expectations for lower rates.

Portfolio Pulse from Piero Cingari

December 12, 2023 | 6:52 pm