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Stock Prices

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market over the past 5 years, with an average annual return of 57.66%. A $1000 investment in ELF 5 years ago would now be worth $9,555.06. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:30 pm

PLD

Prologis (NYSE:PLD) has outperformed the market over the past 10 years with an average annual return of 11.9%, resulting in a $100 investment growing to $307.55. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:30 pm

ACB

CGC

TLRY

Aurora Cannabis (NASDAQ:ACB) has seen a 31% increase in international sales for the first half of 2024, driven by its acquisition of MedReleaf Australia. The company dominates 30% of Canada's medical marijuana exports and shows improved profit margins. Despite higher operating expenses, Aurora's valuation remains attractive compared to competitors like Tilray (NASDAQ:TLRY) and Canopy Growth (NASDAQ:CGC).

Portfolio Pulse from Nicolás Jose Rodriguez

August 22, 2024 | 4:26 pm

AMZN

RIVN

STLA

Rivian Automotive Inc (RIVN) faces significant challenges as its stock drops 38.32% year-to-date. The company halted production of EV vans for Amazon due to parts shortages and lost its manufacturing chief to Jeep. These issues, along with bearish technical indicators, suggest a tough road ahead for Rivian.

Portfolio Pulse from Surbhi Jain

August 22, 2024 | 4:26 pm

WOLF

Wolfspeed, Inc. (NYSE:WOLF) reported a larger-than-expected loss for Q4, missing both earnings and revenue estimates. Analysts have lowered their price targets for the stock, which fell 5% following the announcement.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 4:23 pm

AAPL

Stephanie Link announced on CNBC that she has trimmed her position in Apple. This decision may influence investor sentiment towards Apple in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:22 pm

SCHW

Charles Schwab Corporation (NYSE:SCHW) is nearing a support level at $62, which has historically led to a rally. Stocks often rebound when they hit support levels due to increased demand. If SCHW reaches $62, a price reversal and rally are likely.

Portfolio Pulse from Mark Putrino

August 22, 2024 | 4:19 pm

LOW

Large investors are taking a bearish stance on Lowe's Companies (NYSE:LOW) as observed through options trading. The sentiment is predominantly bearish with 11 out of 12 trades being puts. Analysts have mixed ratings, with price targets ranging from $230 to $262.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

V

Recent options trading activity indicates a bullish sentiment among wealthy investors towards Visa (NYSE:V), with a significant number of uncommon trades detected. Analysts maintain positive ratings with high price targets, suggesting potential upward movement.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

AIRI

CYTH

OBLG

PTON

REVB

RZLV

U.S. stocks fell as initial jobless claims rose slightly more than expected. Peloton, Rezolve AI, and Air Industries saw significant stock gains due to positive news, while Revelation Biosciences, Cyclo Therapeutics, and Oblong experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 4:16 pm