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AME

AMETEK (NYSE:AME) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.03%. A $100 investment in AME 15 years ago would be worth $1,068.22 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

TMDX

In the past three months, 7 analysts have provided ratings for TransMedics Group (NASDAQ:TMDX), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 21.86% to $123.57. Analysts have raised their price targets, reflecting positive expectations for the company's future performance.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

AMC

GME

SPY

Keith 'Roaring Kitty' Gill's recent social media activity has led to significant volatility in GameStop (GME) stock, with shares spiking over 64% in early trading. Gill's purported $116 million position in GME and 120,000 call options have fueled speculation about his potential to become a billionaire. AMC Entertainment Holdings (AMC) shares also spiked, possibly in anticipation of similar trading activity. The article also mentions the SPDR S&P 500 Trust (SPY) in the context of market performance comparisons.

Portfolio Pulse from David Pinsen

June 04, 2024 | 1:53 pm

APIE

AVIV

PARA

SONY

Sony Group Corp (NYSE:SONY) stock is trading higher due to the upcoming launch of a PlayStation VR2 PC adapter. Sony reported strong fiscal Q4 2023 results but noted a slowdown in PS5 sales. Paramount Global (NASDAQ:PARA) is considering a merger offer from Skydance. Investors can gain exposure to Sony via ETFs like Avantis International Large Cap Value ETF (NYSE:AVIV) and Trust For Professional Managers ActivePassive International Equity ETF (NYSE:APIE).

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 1:52 pm

FERG

Ferguson Plc (NYSE:FERG) reported a 2.4% year-over-year increase in Q3 net sales to $7.308 billion, driven by volume improvements despite a 2% deflation. The company's adjusted gross margin expanded by 50 basis points to 30.5%, while adjusted operating margin remained flat at 9.2%. Adjusted EBITDA rose 2.4% to $722 million. Adjusted EPS increased by 5.5% to $2.32, in line with expectations. Ferguson declared a quarterly dividend of 79 cents per share. The company expects FY24 net sales to be flat year-over-year with an adjusted operating margin of 9.2% – 9.6%.

Portfolio Pulse from Nabaparna Bhattacharya

June 04, 2024 | 1:49 pm

MLGO

MicroAlgo shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:48 pm

EQNR

Equinor shares are trading lower amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:47 pm

ALBT

DCI

MLGO

NDRA

SOBR

WIMI

US stocks traded lower on Tuesday with the Dow Jones, NASDAQ, and S&P 500 all falling. Donaldson Company Inc (NYSE:DCI) reported better-than-expected earnings and raised its FY24 guidance. MicroAlgo Inc (NASDAQ:MLGO), Sobr Safe Inc (NASDAQ:SOBR), and WiMi Hologram Cloud Inc (NASDAQ:WIMI) saw significant stock price increases, while ENDRA Life Sciences Inc (NASDAQ:NDRA), Avalon Globocare Corp (NASDAQ:ALBT), and Equillium Inc (NASDAQ:EQ) experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 1:46 pm

MLGO

MicroAlgo shares were halted on a circuit breaker due to a significant upward movement, with the stock now up by 284.0%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:40 pm

JDZG

JIADE shares were halted on a circuit breaker due to a significant drop, with the stock now down by 21.3%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:36 pm