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ZTS

Zoetis (NYSE:ZTS) has significantly outperformed the market over the past 10 years, delivering an average annual return of 18.17%. A $100 investment in Zoetis 10 years ago would be worth $540.13 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 7:00 pm

DAVE

Over the past three months, 9 analysts have evaluated Dave (NASDAQ:DAVE), with ratings ranging from bullish to bearish. The average 12-month price target is $61.11, with a high of $75.00 and a low of $53.00. Recent ratings show a decline of 7.41% from the prior average price target. Analysts have highlighted Dave's strong financial performance, including a 30.84% revenue growth rate, a net margin of 7.94%, and a debt-to-equity ratio of 0.53.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 7:00 pm

GNLN

Greenlane Holdings (GNLN) shares have resumed trading after a temporary halt. The resumption of trading could lead to increased volatility in the stock price as investors react to the news.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:52 pm

LMT

PPA

RTX

Russia evacuated civilians from a second area bordering Ukraine as Kyiv continues its ground offensive. The U.S. is sending additional weapons to Ukraine, benefiting U.S. ammunition manufacturers. RTX Corporation and Lockheed Martin Corporation saw stock gains, while the Spade Defense Index slipped.

Portfolio Pulse from Michael Juliano

August 12, 2024 | 6:48 pm

GNLN

Greenlane Holdings shares have been halted to the upside, with the stock now up by 447.55%.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:48 pm

JNJ

Johnson & Johnson has secured plaintiff support for a $6.5 billion settlement related to its baby powder litigation. This settlement aims to resolve thousands of lawsuits alleging that the company's talc-based products caused cancer.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:44 pm

BOH

KRE

Bank of Hawaii Corp (NYSE:BOH) shares fell after reporting Q2 earnings. Piper Sandler downgraded BOH from Neutral to Underweight, lowering the price target from $70 to $61. Analyst Andrew Liesch cited challenges in earnings growth due to higher preferred dividends and premium valuation. Over the past three months, BOH shares gained 11%, outperforming the SPDR S&P Regional Banking ETF (NYSE:KRE), which rose by 5%.

Portfolio Pulse from Priya Nigam

August 12, 2024 | 6:41 pm

RUM

Rumble Inc (NASDAQ:RUM) is set to report its second-quarter financial results after the market close on Monday. The company is expected to report a loss of 15 cents per share and revenue of $19.69 million. Rumble has missed revenue estimates for three consecutive quarters. Last quarter, it reported revenue of $17.73 million and a loss of 21 cents per share. The company had 50 million monthly active users in the first quarter and ended the quarter with $183.8 million in cash and equivalents. CEO Chris Pavlovski will be interviewed after the earnings call to discuss the company's accomplishments and future plans, including the expansion of Rumble Premium. Wedbush analyst Scott Devitt has initiated coverage with a Neutral rating and a price target of $8. Rumble shares were down 3.78% at $5.62 at the time of publication.

Portfolio Pulse from Adam Eckert

August 12, 2024 | 6:38 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) shares are trading slightly lower after posting better-than-expected Q2 results. Despite increased vehicle deliveries and a new refueling station, the company issued a going concern warning. DA Davidson lowered the price target from $12 to $10.

Portfolio Pulse from Erica Kollmann

August 12, 2024 | 6:36 pm

BYDDY

TSLA

Tesla's vehicle sales in China rebounded in July with a 15% year-over-year increase and a 7.8% market share of new electric vehicles. August sales are expected to be strong due to a holiday and buying incentives, potentially boosting Tesla's Q3 performance. Tesla's Shanghai gigafactory delivered 46,277 vehicles domestically in July, marking the best first month for a quarter in China. The Tesla Model Y was the bestselling new energy vehicle in China for the first half of 2024. Despite competition from BYD and demand concerns in the US, the strong rebound in China is positive for investors.

Portfolio Pulse from Chris Katje

August 12, 2024 | 6:33 pm