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AME

AMETEK (NYSE:AME) has outperformed the market over the past 15 years by 5.46% on an annualized basis, producing an average annual return of 14.44%. If an investor had bought $1000 of AME stock 15 years ago, it would be worth $7,531.24 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 8:30 pm

CI

Cigna Group (NYSE:CI) has outperformed the market over the past 15 years, producing an average annual return of 15.13%. If an investor had bought $1000 of CI stock 15 years ago, it would be worth $8,079.54 today.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 8:30 pm

SOL

The U.S. District Court for the Southern District of New York has issued final judgments in a stock fraud case involving former Cool Holdings Inc. chairman Andrew DeFrancesco and two other individuals. DeFrancesco, who founded SOL Global Investments Corp. (OTCPK: SOLCF) (NYSE:SOL) but resigned in April 2022, was found guilty of fraudulent filings and a pump-and-dump scheme. He has been ordered to pay over $3 million in disgorgement, prejudgment interest, and civil penalties, and is barred from serving as an officer or director of any public company.

Portfolio Pulse from Joana Scopel

July 10, 2023 | 8:26 pm

DM

NNDM

SSYS

Nano Dimension Ltd. (NNDM) has increased its unsolicited partial tender offer to acquire Stratasys Ltd. (SSYS) shares to $24.00 from $20.05 per share. The Stratasys Board, which previously rejected Nano's offers, will review the revised offer. Stratasys is also in a merger agreement with Desktop Metal, Inc. (DM), which remains unchanged.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 8:24 pm

RBLX

A significant investor has taken a bearish stance on Roblox (NYSE:RBLX), with 63% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $30.0 to $70.0 for Roblox over the last 3 months. The price of RBLX is up 1.17% at $41.63. Canaccord Genuity and Needham have both downgraded their action to Buy with a price target of $48.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 8:17 pm

V

A whale investor has taken a bearish stance on Visa (NYSE:V), with 64% of the spotted trades being bearish and 35% bullish. The total amount for puts is $1,409,894 and for calls is $394,988. Whales have been targeting a price range from $195.0 to $270.0 for Visa over the last 3 months. The price of Visa is up 0.72% at $238.16, and RSI indicators suggest the stock may be overbought. Visa's next earnings are expected in 15 days.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 8:17 pm

JD

A significant bullish stance has been taken on JD.com (NASDAQ:JD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $22.5 to $45.0 for JD.com over the last 3 months. The price of JD is currently up 0.53% at $35.95.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 8:17 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

TQQQ

TSLA

The Nasdaq 100 Index, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), is set to undergo a significant rebalancing on July 24 to curb the dominance of large corporations including Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), NVIDIA (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA). This may lead to significant price shifts in the tech-heavy index. ETFs that follow the Nasdaq 100 Index, like the ProShares UltraPro QQQ ETF (NASDAQ:TQQQ), are also preparing for the rebalance.

Portfolio Pulse from Piero Cingari

July 10, 2023 | 8:15 pm

PAYO

Berenberg has initiated coverage on PAYO stock with a buy rating and a $7 price target, causing the shares to move higher.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 8:11 pm

PSMT

Pricesmart reported Q3 earnings of $1.02 per share, beating the analyst consensus estimate of $0.85 by 20%. This is a 64.52% increase from the same period last year. However, the company's quarterly sales of $1.07 billion missed the analyst consensus estimate of $1.10 billion by 2.70%. This is a 3.81% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:04 pm