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COST

The article provides a comprehensive analysis of Costco Wholesale (NASDAQ:COST) in comparison to its competitors in the Consumer Staples Distribution & Retail industry. Key financial metrics, market position, and growth prospects are evaluated, highlighting Costco's high valuation ratios, strong ROE, and revenue growth, but also noting concerns about its EBITDA and gross profit levels.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

AIT

Applied Industrial Techs (NYSE:AIT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 28.33%. A $100 investment in AIT 5 years ago would now be worth $359.60. The company's market capitalization is currently $8.13 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

SGH

Nine analysts have recently published ratings on SMART Global Holdings (NASDAQ:SGH), with the majority being bullish. The average 12-month price target has increased to $30.61, reflecting a 5.95% rise from the previous target. Analysts have raised their ratings and price targets, indicating positive sentiment towards the company despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

ICPUSD

Internet Computer (ICP) has seen a significant price increase of 5.72% in the past 24 hours, continuing a positive trend with a 40% gain over the past week. Trading volume has surged 177% while circulating supply decreased by 0.8%. ICP's market cap is now $4.71 billion, ranking it #27.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

ARDT

Ardent Health Partners (NYSE:ARDT) is set to IPO on July 18, 2023, with shares priced between $20.00 and $22.00. The insider lock-up period will end on January 14, 2025. Ardent Health focuses on providing healthcare in midsize urban communities.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

TWFG

TWFG, Inc (NASDAQ:TWFG) is set to IPO on July 18 on the NASDAQ exchange with shares priced between $14.00 and $16.00. The insider lock-up period will end on January 14, 2025. TWFG is a high-growth, independent distribution platform for personal and commercial insurance in the U.S.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

SPY

The Democratic Party will delay the formal nomination of President Joe Biden until at least August, following criticism that the process was being rushed. The nomination will still occur virtually, but no delegate votes will be cast in July.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 2:59 pm

META

SNAP

Snap (NYSE:SNAP) and Meta (NASDAQ:META) shares are trading lower following Donald Trump's comments in support of TikTok, which he believes is necessary for competition against Facebook and Instagram. This comes after Joe Biden signed a divest-or-ban law earlier this year.

Portfolio Pulse from Dylan Berman

July 17, 2024 | 2:56 pm

DDOG

GOOG

GOOGL

GTLB

SKYY

VGT

GitLab Inc (NASDAQ:GTLB) is exploring a potential sale after receiving acquisition interest, with Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) holding a significant stake. The news has driven GitLab's stock price up by 8.36%. Datadog Inc (NASDAQ:DDOG) is among the interested parties. Investors can also gain exposure through ETFs like First Trust Cloud Computing ETF (NASDAQ:SKYY) and Vanguard Information Tech ETF (NYSE:VGT).

Portfolio Pulse from Anusuya Lahiri

July 17, 2024 | 2:55 pm

CSD

FRNW

GE

GEV

GE Vernova Inc. (NYSE:GEV) shares are trading lower by 4.8% today despite securing a major order from Sonelgaz through their joint venture, GE Algeria Turbines (GEAT). The order involves supplying high voltage equipment and grid automation solutions for 134 substations by 2028. JP Morgan analyst Mark Strouse recently raised the price target for GEV from $186 to $195. Investors can gain exposure to GEV via Invesco S&P Spin-Off ETF (NYSE:CSD) and Fidelity Clean Energy ETF (BATS:FRNW).

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2024 | 2:54 pm