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PSA

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years, producing an average annual return of 10.71%. If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $7,903.05 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:30 pm

PAYX

Paychex (NASDAQ:PAYX) has outperformed the market over the past 10 years by 1.54% on an annualized basis, producing an average annual return of 11.95%. If an investor had bought $100 of PAYX stock 10 years ago, it would be worth $309.18 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:30 pm

TUP

Tupperware Brands' shares are experiencing an increase in value due to potential short squeeze interest.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 6:17 pm

MNK

Mallinckrodt shares are experiencing increased volatility following reports last week that the company is considering bankruptcy as a strategy to avoid opioid payments.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 6:16 pm

FDX

A significant investor has taken a bullish stance on FedEx (NYSE:FDX), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The trades include 7 puts, totaling $347,180, and 5 calls, totaling $157,985. The price target range for FedEx over the last 3 months has been $200.0 to $290.0. The price of FDX is up 0.14% at $269.23, and RSI indicators suggest the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:15 pm

TEAM

A significant bearish stance has been taken on Atlassian (NASDAQ:TEAM) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 33% bullish and 66% bearish. Out of the special options, 10 are puts, for a total amount of $646,296, and 5 are calls, for a total amount of $167,950. The price of TEAM is up 4.48% at $182.01, with RSI indicators suggesting the stock may be approaching overbought. Next earnings are expected in 3 days.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:15 pm

BRSH

Brüush Oral Care has announced a 1-for-25 reverse stock split, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 6:15 pm

MPWR

Shares of Monolithic Power Systems Inc (NASDAQ:MPWR) are trading higher by 2.17% to $557.42, potentially in sympathy with ON Semiconductor's strong earnings report. Investors are also anticipating MPWR's Q2 earnings report, expected to report EPS of $2.81 on revenue of $440.46 million. ON Semi reported flat YoY revenue growth at $2.09 billion, surpassing the consensus estimate of $2.02 billion, and non-GAAP EPS of $1.33, exceeding the consensus estimate of $1.21.

Portfolio Pulse from Henry Khederian

July 31, 2023 | 6:10 pm

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Analysts expect 2nd quarter EBITDA margins to be higher than 1st quarter for nine out of fourteen major cannabis companies. However, most companies are expected to have lower Q2 23 EBITDA margins than Q2 22 due to wholesale pricing pressures and inflation-driven cost increases. Outliers include Planet 13, Ascend, Trulieve, Green Thumb, and Schwazze, which are facing various challenges. Jushi, Columbia Care, Terrascend, and AYR have higher expectations due to various improvements and strategies.

Portfolio Pulse from Viridian Capital Advisors

July 31, 2023 | 6:07 pm

BTCUSD

COIN

The U.S. Securities and Exchange Commission (SEC) has directed Coinbase (NASDAQ:COIN) to halt trading on all cryptocurrencies except Bitcoin (CRYPTO: BTC). The SEC recommended the delisting of over 200 tokens offered by the exchange, identifying 13 of them as securities. Experts argue that these actions could violate the SEC's mission of protecting investors and potentially trigger a market crash. However, some see a potential upside for Bitcoin.

Portfolio Pulse from Murtuza Merchant

July 31, 2023 | 6:04 pm