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TSLA

The article discusses the impact of investing $1,000 in Tesla Inc (TSLA) stock after Elon Musk's appearance on 'The Simpsons' in 2015. The investment would have bought 4.96 shares, which after stock splits in 2020 and 2022, would have turned into 74.4 shares. Based on the current share price, the investment would now be worth $18,026.38, representing a return of 1,702.6%.

Portfolio Pulse from Chris Katje

August 11, 2023 | 8:15 pm

BABA

Alibaba Group Holding Limited's Q1 FY24 results surpassed estimates, with revenues from various segments showing significant YoY growth. However, analysts acknowledge that maintaining high growth may be challenging moving forward. Bernstein analyst Robin Zhu maintained a Hold rating with a price target of $100.00. Benchmark analyst Fawne Jiang maintained a Buy rating with a price target of $180.00. Morgan Stanley analyst Gary Yu reiterated an Overweight with a price target of $150.00.

Portfolio Pulse from Anusuya Lahiri

August 11, 2023 | 8:13 pm

ACB

CBDD

CURLF

IMCC

OGI

TLRY

Cannabis companies in the U.S. and Canada are set to capitalize on the expanding European market as regulatory frameworks become more favorable. Israel's Ministry of Health has announced a reform of medical cannabis regulations, which is expected to boost the country's exports of medical cannabis. IM Cannabis Corp. (NASDAQ:IMCC) (CSE:IMCC) has praised the move. Germany is also set to approve a marijuana legalization bill. Cannabis giants Tilray Brands Inc. (NASDAQ:TLRY) (TSX:TLRY) and Aurora Cannabis Inc. (NASDAQ:ACB) are among the best-positioned companies to benefit from Germany's legalization. Other companies eyeing the new market include Curaleaf Holdings, Inc. (OTCQX:CURLF), CBD of Denver Inc. (OTC:CBDD), and Organigram Holdings Inc. (NASDAQ:OGI).

Portfolio Pulse from Jelena Martinovic

August 11, 2023 | 8:10 pm

ALPP

Alpine 4 Holdings (NASDAQ:ALPP) reported Q2 sales of $28.00 million, a 10.80% increase from $25.27 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:05 pm

AMGN

CEG

DDOG

FTNT

PYPL

QQQ

The Nasdaq 100 Index has experienced a second consecutive week of losses, falling by nearly 5% over the past two weeks. This is the first time such a drop has been seen since December 2022. The index, which is closely followed by Invesco QQQ Trust ETF (NASDAQ:QQQ), is now trading at 27 times its anticipated earnings for the upcoming year. The worst-performing stocks in the Nasdaq 100 since the beginning of August have been Datadog, Inc. (NASDAQ:DDOG) and Fortinet Inc. (NASDAQ:FTNT), both down 23% month to date, followed by PayPal Holdings Inc. (NASDAQ:PYPL), down 19%. The highest gains have been recorded by Amgen Inc. (NASDAQ:AMGN), up 12%, and Constellation Energy Corp. (NASDAQ:CEG) which has risen by 10%.

Portfolio Pulse from Piero Cingari

August 11, 2023 | 8:01 pm

WRBY

Over the past 3 months, 4 analysts have published their opinion on Warby Parker (NYSE:WRBY) stock. The company has an average price target of $16.25 with a high of $19.00 and a low of $13.00. This average price target has increased by 30.0% over the past month.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:00 pm

WKME

WalkMe (NASDAQ:WKME) has received mostly positive analyst ratings in the last quarter, with 3 bullish, 1 somewhat bullish, and 4 indifferent ratings. Over the past 3 months, 8 analysts have offered 12-month price targets for WalkMe, with an average price target of $14.81, a high of $20.00, and a low of $9.00. The average price target has increased by 34.64% over the past month.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:00 pm

FTNT

A significant investor has taken a bearish stance on Fortinet (NASDAQ:FTNT), with 69% of recent trades being bearish. The price target for Fortinet over the last 3 months has been between $48.0 and $75.0. The current price of FTNT is down -1.12% at $59.88. Several financial institutions have maintained their positive ratings on Fortinet, with price targets ranging from $70 to $95.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:00 pm

NDLS

Over the past 3 months, 4 analysts have published their opinion on Noodles (NASDAQ:NDLS) stock. The analysts have an average price target of $5.25 versus the current price of Noodles at $3.205, implying upside. This current average represents a 25.0% decrease from the previous average price target of $7.00.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:00 pm

VTYX

Ventyx Biosciences (NASDAQ:VTYX) has received positive analyst ratings in the last quarter, with 2 bullish and 3 somewhat bullish ratings. The average 12-month price target for the company is $58.6, a 0.6% increase from the previous average of $58.25.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:00 pm