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MCK

McKesson (NYSE:MCK) has significantly outperformed the market in the last 5 years, with an annualized return of 34.37%, turning a $100 investment into $442.88. The company's market capitalization stands at $72.09 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

VKTX

Viking Therapeutics (NYSE:VKTX) has seen a 17.0% increase in short percent of float since its last report, with 11.15 million shares sold short, representing 13.63% of all shares available for trading. This indicates a bearish market sentiment towards VKTX, although an increase in short interest can sometimes be bullish. VKTX's short interest is significantly higher than its peer group average of 5.40%.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

PCAR

Over the past 20 years, PACCAR (NASDAQ:PCAR) has produced an average annual return of 10.15%, outperforming the market by 2.05% annually. A $100 investment in PCAR 20 years ago would be worth $702.23 today, showcasing the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

WTI

W&T Offshore (NYSE:WTI) has seen a 3.05% increase in short percent of float, now at 20.58% of all shares available for trading. With 20.10 million shares sold short, it would take about 9.01 days to cover all short positions. This rise in short interest may indicate a bearish market sentiment towards WTI, although it's higher than its peer group average of 3.50% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

DAL

Delta Air Lines (NYSE:DAL) has seen a 6.8% increase in short percent of float, now at 3.3% of all shares available for trading. With 18.86 million shares sold short, it would take about 1.34 days to cover these positions. This rise in short interest may indicate a more bearish market sentiment towards DAL, though it's lower than its peer group average of 10.02% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:00 pm

AAPL

GOOG

GOOGL

Apple Inc. is leveraging AI advancements to enhance iOS user experiences, with BofA Securities' analyst Wamsi Mohan maintaining a Buy rating and a price target of $230, indicating a 23.5% upside. The recent OpenAI demo highlighted the potential for innovative app development on Apple devices, emphasizing Apple's leadership in AI integration and its potential to benefit from AI at the edge, which could drive higher institutional ownership of Apple's stock.

Portfolio Pulse from Surbhi Jain

May 14, 2024 | 4:59 pm

CRNC

Trading of Cerence shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 4:55 pm

QDEL

Activist investor Jana Partners has built a position in QuidelOrtho during the first quarter, according to Reuters citing sources.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 4:55 pm

CRNC

Cerence shares were halted due to a circuit breaker triggered by an upside movement, with the stock now up 9.8%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 4:50 pm

AMC

BYND

GME

PLUG

SPCE

SPWR

Meme stocks with high short interest, including GameStop, AMC, SunPower, Beyond Meat, Plug Power, and Virgin Galactic, have seen significant rallies due to retail traders targeting these stocks, leading to massive losses for short sellers. The movement was sparked by Keith Gill, also known as Roaring Kitty, and has resulted in short squeezes across the market.

Portfolio Pulse from Adam Eckert

May 14, 2024 | 4:49 pm