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ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.42%. A $1000 investment in ON stock 5 years ago would now be worth $3,536.50. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 9:30 pm

SNPS

Synopsys (NASDAQ:SNPS) has significantly outperformed the market over the past decade, delivering an average annual return of 31.78%. A $1000 investment in SNPS 10 years ago would be worth $15,722.86 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 9:30 pm

CHGG

Chegg, Inc. (NYSE:CHGG) announced a restructuring plan that includes a 23% headcount reduction, a new brand and marketing strategy, and a focus on international programs. The company expects to save $40-$50 million in 2025 and incur a $10-$14 million charge related to the restructuring. Shares are up 23.56% after-hours.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 9:11 pm

PAAS

Pan American Silver Corp. (NYSE:PAAS) has provided a mid-year exploration update, revealing significant drilling activities and promising results from its Jacobina, El Peñon, La Colorada, and Huaron properties. The company plans to continue extensive drilling through the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:08 pm

GS

STGW

On June 13, Stagwell repurchased a total of 4 million shares of Class A common stock from certain affiliates of Goldman Sachs Group at $6.34 per share.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:06 pm

INTT

inTEST Corporation (NYSE:INTT) has launched a new non-contact probe testing technology for electric vehicle (EV) battery testing. This innovation, called Acculogic Hover Sense, aims to improve the quality and reliability of EV battery interconnects, which are crucial for battery performance.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:03 pm

INVH

Analysts have provided mixed ratings for Invitation Homes (NYSE:INVH) over the past three months, with the majority being indifferent. The average 12-month price target has increased to $37.89. Key financial metrics show strong revenue growth and net margin, but a low ROE.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 9:00 pm

AON

Aon (NYSE:AON) has outperformed the market over the past 10 years with an average annual return of 12.81%, resulting in a $1000 investment growing to $3,301.53. The company currently has a market capitalization of $65.23 billion.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 9:00 pm

EME

EMCOR Group (NYSE:EME) has significantly outperformed the market over the past 15 years, delivering an average annual return of 22.03%. A $1000 investment in EME 15 years ago would be worth $20,170.09 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 9:00 pm

URGN

UroGen Pharma Ltd. (NASDAQ:URGN) announced the commencement of a public offering of ordinary shares and pre-funded warrants. The offering is subject to market conditions, and UroGen expects to grant underwriters a 30-day option to purchase up to an additional 15% of the total shares offered. TD Cowen and Guggenheim Securities are joint book-running managers, with Oppenheimer & Co. as lead manager and Ladenburg Thalmann as co-manager.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:57 pm