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CDW

CDW (NASDAQ:CDW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 23.35%. An initial investment of $100 in CDW stock 10 years ago would be worth $815.72 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:01 pm

TOL

Deep-pocketed investors have shown a bullish approach towards Toll Brothers (NYSE:TOL) through significant options activities. Benzinga's options scanner highlighted 16 extraordinary options activities, with a mix of bullish and bearish sentiments. The stock is currently down 7.73% at $120.15, with a consensus target price of $124.75 from market experts.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:01 pm

CVBF

Four analysts have recently evaluated CVB Financial (NASDAQ:CVBF), providing a range of ratings from bullish to bearish. The average 12-month price target is $19.0, down 5% from the previous $20.00. Analysts have maintained neutral or market perform ratings, reflecting cautious sentiment amid revenue decline and high debt levels.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:00 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares are trading lower due to continued downward momentum following a retail-fueled meme stock rally. The stock saw a massive increase of over 8000% before reversing and has since fallen more than 20%. The company faces financial challenges, including a delisting notice from Nasdaq. Faraday Future will discuss its Q4 and full-year results on May 28, with analysts expecting significant losses.

Portfolio Pulse from Erica Kollmann

May 22, 2024 | 3:59 pm

SYY

Sysco Corporation (SYY) shares are trading lower as the company hosts its 2024 Investor Day.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 3:56 pm

VDC

WMT

XLP

Walmart Inc. (NYSE:WMT) has announced a new benefit for its Walmart+ members: free 24/7 virtual access to veterinary professionals through a partnership with Pawp. This service aims to provide convenience and peace of mind to pet owners, especially as traditional veterinary costs rise. Walmart+ members will save $99 on standalone Pawp memberships. Walmart stock has gained over 31% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 22, 2024 | 3:56 pm

BNED

Barnes & Noble Education (NYSE:BNED) shares surged on Wednesday due to ongoing volatility related to a potential strategic transaction. Activist investors Outerbridge and Greenhaven proposed a $114.5 million recapitalization plan, which includes a $57 million rights offering and a $57 million direct investment. Despite Outerbridge halting discussions, Greenhaven continues to explore the transaction. BNED shares saw a significant increase in trading volume and were up 74.6% at 94 cents.

Portfolio Pulse from Dylan Berman

May 22, 2024 | 3:54 pm

DIS

FOX

FOXA

M

NFLX

Netflix has reportedly won a bidding war for the documentary 'Diddy Do It,' which focuses on rapper Sean 'Diddy' Combs and his multiple sexual assault lawsuits. The documentary, produced by 50 Cent's G-Unit Film & Television Studios, is expected to be a multi-episode docuseries and will be released on Netflix soon. The controversy surrounding Diddy has led to other streaming platforms like Fox's Tubi and Fox Nation releasing similar content, and has also impacted Diddy's business ventures, with Macy's pulling his Sean John brand from stores and Hulu canceling a reality series centered on him.

Portfolio Pulse from Chris Katje

May 22, 2024 | 3:53 pm

SHOP

Shopify Inc (NYSE:SHOP) shares are trading higher after Goldman Sachs analyst Gabriela Borges upgraded the stock from Neutral to Buy and raised its price target from $67 to $74. Borges cited Shopify's significant technology moat in eCommerce software and potential for durable revenue growth as key reasons for the upgrade.

Portfolio Pulse from Anusuya Lahiri

May 22, 2024 | 3:53 pm

EWU

UK Prime Minister Rishi Sunak is set to call for a general election on July 4. This announcement comes as UK inflation dropped to 2.3% in April, nearing the Bank of England's 2% target. The Conservative Party, currently lagging in the polls, hopes for an improved economic environment.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 3:52 pm