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Altcoin Sherpa, a well-known crypto trader, analyzed the current state of the 'meme coin super cycle,' discussing the pros and cons of investing in meme coins like Dogecoin. He highlighted the speculative nature and accessibility of meme coins but also warned about the risks of scams and insider control. Sherpa suggested a diversified portfolio strategy, including both top assets like Bitcoin and meme coins for high returns.

Portfolio Pulse from Khyathi Dalal

June 20, 2024 | 6:40 pm

AMZN

GOOG

GOOGL

META

MSFT

NVDA

SPY

Big Tech companies, including Microsoft, Nvidia, Amazon, Alphabet, and Meta, have significantly outperformed the median S&P 500 stock in 2023, driving the SPDR S&P 500 ETF Trust (SPY) to exceed its average annual return in just over six months. These companies saw a 57% average earnings growth year-over-year, compared to the median S&P 500 stock's 4%. Projections for 2024 indicate a 37% growth for these tech giants, highlighting their dominance and the potential risks of their high valuations.

Portfolio Pulse from Hayden Buckfire

June 20, 2024 | 6:38 pm

FEMY

MGOL

SONN

TPST

TRVN

ZAPP

U.S. stocks traded mixed with the Dow Jones gaining over 300 points. Energy shares rose by 2%, while information technology shares fell by 1.1%. Zapp Electric Vehicles Group shares surged 129% on positive delivery expectations. MGO Global shares rose 66% on acquisition news. Femasys shares increased 29% after receiving CE Mark approval. Tempest Therapeutics, Trevena, and Sonnet BioTherapeutics saw significant declines.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 6:35 pm

AEHR

AMAT

AVGO

KLAC

LRCX

MCHP

ON

STM

Shares of semiconductor and chip stocks are trading lower, potentially due to a recent surge driven by AI momentum.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:31 pm

EXP

Eagle Materials (NYSE:EXP) has significantly outperformed the market over the past 15 years, delivering an average annual return of 15.63%. A $1000 investment in EXP 15 years ago would be worth $9,075.90 today. The company's current market capitalization is $7.74 billion.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 6:30 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has significantly outperformed the market over the past 20 years, delivering an average annual return of 26.02%. A $100 investment in REGN 20 years ago would be worth $10,199.27 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 6:30 pm

CMG

Chipotle shares are trading lower after gaining recently on positive analyst commentary.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:27 pm

ARM

Arm Holdings shares are trading lower, potentially due to a pullback in chip stocks following recent strength.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:26 pm

BTTR

Better Choice Company Inc (AMEX:BTTR) shares are trading higher after the company announced a settlement with Alphia, resulting in the retirement of its senior debt and other indebtedness. The stock is up 10.9% following the news.

Portfolio Pulse from Dylan Berman

June 20, 2024 | 6:23 pm

BTCUSD

COIN

The German government has sold $195 million in Bitcoin, with $3 billion remaining. The sales have been made through major exchanges like Coinbase, Kraken, and Bitstamp. Experts warn that this aggressive liquidation could harm Germany's long-term financial strategy and position in the cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

June 20, 2024 | 6:19 pm