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MDT

A 'golden cross' has formed on Medtronic's (NYSE:MDT) chart, which could be bullish for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:03 pm

WMS

Advanced Drainage Systems (NYSE:WMS) reported Q4 earnings of $86.31 million, a 3.76% increase from Q3, while sales decreased by 5.74% to $617.56 million. The company posted a return on capital employed (ROCE) of 0.09%, indicating effective capital allocation. Q4 earnings per share were $1.06, beating analyst predictions of $0.77.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:02 pm

BRO

A golden cross has formed on Brown & Brown's (NYSE:BRO) chart, indicating a potential bullish trend for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, suggesting a change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:02 pm

QRTEA

Qurate Retail (NASDAQ:QRTEA) reported Q1 earnings of $33 million, a 210% increase from Q4, while sales dropped 25.01% to $2.64 billion. The company posted a return on capital employed (ROCE) of 0.02%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:02 pm

ULTA

Ulta Beauty shares are trading lower after Oppenheimer maintained an Outperform rating but lowered its price target. The stock may also be affected by the broader retail sector after Foot Locker lowered its FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 3:01 pm

SMLP

Summit Midstream Partners (SMLP) reported Q1 sales of $112.50 million and a loss of $14.16 million, despite a 40.65% increase in earnings. The company posted a negative Return On Capital Employed (ROCE) of -0.02%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:01 pm

MITT

AG Mortgage Investment (NYSE:MITT) reported Q1 earnings of $12.54 million, a 7.23% increase from Q4, while sales dropped 6.04% to $11.62 million. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation. However, Q1 earnings per share of $0.03 did not meet analyst predictions of $0.12.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:00 pm

APO

A 'death cross' has formed on Apollo Global Management's (NYSE:APO) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a possible change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:59 pm

HSKA

Heska (NASDAQ:HSKA) reported Q1 sales of $62.38 million and a loss of $10.12 million, a 139.87% decrease from last quarter. The company posted a negative Return on Capital Employed (ROCE) of -0.02%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:59 pm

GLPI

A 'death cross' has formed on Gaming and Leisure Properties' (NASDAQ:GLPI) chart, which could indicate a bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:58 pm