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LULU

Lululemon Athletica (NASDAQ:LULU) has significantly outperformed the market over the past 15 years, with an average annual return of 22.42%. A $100 investment in LULU 15 years ago would be worth $2,115.62 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 9:00 pm

INTU

Intuit (NASDAQ:INTU) has delivered an average annual return of 18.78% over the past 5 years, outperforming the market by 6.12% annually. A $1000 investment in Intuit 5 years ago would now be worth $2,337.33, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 9:00 pm

ACB

CGC

CRON

HEXO

IIPR

MSOS

SMG

SNDL

YOLO

Former President Donald Trump's comments on rescheduling cannabis and supporting banking reforms led to a positive reaction in cannabis stocks. Notable gains were seen in companies like Trulieve Cannabis, Green Thumb Industries, and Canopy Growth. The market's response was more modest compared to previous surges.

Portfolio Pulse from Nicolás Jose Rodriguez

September 09, 2024 | 8:49 pm

KFY

Korn Ferry (NYSE:KFY) reported a 6% increase in revenue from its executive search arm in North America, despite a general slowdown in hiring. This growth is driven by a surge in executive-level job searches due to a high number of retirements. Korn Ferry's overall sales beat analyst estimates, highlighting its strong performance amid broader economic challenges.

Portfolio Pulse from Natan Ponieman

September 09, 2024 | 8:40 pm

RBRK

Rubrik Inc. (NYSE:RBRK) reported better-than-expected Q2 results with earnings and revenue surpassing estimates. Despite this, shares dipped 4.05% after-hours. The company provided strong guidance for Q3 and the fiscal year, with expected losses and revenue above analyst estimates.

Portfolio Pulse from Erica Kollmann

September 09, 2024 | 8:39 pm

MTRX

Matrix Service shares rose as the company reported Q4 adjusted EPS results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:36 pm

RLAY

Relay Therapeutics has announced a public offering of $200 million in common stock, with an option for underwriters to purchase an additional 15%. All shares will be sold by the company.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:35 pm

CVGW

Calavo Growers shares rose following the release of their Q3 financial results, which exceeded expectations. The company also announced an increase in its dividend.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:34 pm

TLT

Long-dated Treasury ETFs, particularly the iShares 20+ Year Treasury Bond ETF (TLT), have reached yearly highs as investors anticipate a favorable August CPI report. Economists and analysts expect continued moderation in inflation, which could influence Federal Reserve rate cut decisions.

Portfolio Pulse from Piero Cingari

September 09, 2024 | 8:34 pm

NRDS

NerdWallet, Inc. (NASDAQ:NRDS) has announced a new $50 million share repurchase program, replacing the previous $30 million program. The repurchases will be made based on market conditions and other factors, with no set time limit.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:31 pm