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FTEC

MSFT

XLK

Microsoft Corp (NASDAQ:MSFT) has linked executive compensation to cybersecurity milestones, emphasizing security over new features. This move follows criticism for past security breaches and introduces the Secure Future Initiative, a major security effort. Despite a critical government report on its security culture, Microsoft's recent revenue growth and bullish analyst outlook, particularly for Azure and OpenAI, highlight its strong market position. Microsoft stock has seen a 33% increase over the past year, with exposure also possible through ETFs like XLK and FTEC.

Portfolio Pulse from Anusuya Lahiri

May 03, 2024 | 5:09 pm

APO

PARA

PARAA

SONY

Paramount Global's shares surged as Sony and Apollo Global Management proposed a $26 billion bid, while Skydance Media's merger talks may end without renewal. Shari Redstone, controlling shareholder, plays a crucial role in any deal decision. A Sony-Apollo deal promises a premium for shareholders, whereas a Skydance merger could dilute their stakes. Paramount's CEO, Bob Bakish, stepped down amid these developments, adding to the company's volatility.

Portfolio Pulse from Chris Katje

May 03, 2024 | 5:02 pm

HD

IYM

NFLX

On CNBC's Halftime Report, analysts shared their final trades, highlighting The Home Depot (HD), Netflix (NFLX), and the iShares U.S. Basic Materials ETF (IYM) as key picks. These recommendations provide insights into sectors and companies expected to perform well, reflecting the analysts' outlook on market trends and individual company prospects.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:02 pm

TXRH

Texas Roadhouse (NASDAQ:TXRH) exceeded Q1 GAAP EPS expectations, reporting $1.69 per share against estimates of $1.61. Sales were $1.321 billion, slightly below the expected $1.323 billion. The company's strong start to 2024 is attributed to continued traffic growth. Following the earnings report, several analysts raised their price targets on TXRH, with adjustments reflecting a positive outlook on the stock's performance.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 5:02 pm

OLLI

Analysts have varied opinions on Ollie's Bargain Outlet (NASDAQ:OLLI), with recent ratings ranging from bullish to indifferent. Over the past quarter, there have been changes in analyst ratings and price targets, reflecting a positive outlook with an average 12-month price target of $90.14, up from $85.83. Key financial indicators show Ollie's Bargain Outlet exhibiting strong performance, including an 18.04% revenue growth rate, a net margin of 11.78%, and exceptional ROE and ROA figures.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:01 pm

WCC

WESCO Intl (NYSE:WCC) has been analyzed by 10 analysts, showing a shift towards a more cautious stance with 7 somewhat bullish, 3 indifferent, and no bearish ratings. The average 12-month price target was adjusted to $178.3, marking a 3.39% decrease. Analyst actions varied, with some raising and others lowering their price targets, reflecting a nuanced view of WESCO's market performance. Despite a global presence, WESCO faces challenges such as a decline in revenue growth (-1.53%), below-average net margin (2.33%), and ROE (2.57%), indicating potential hurdles in profitability and financial efficiency.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:01 pm

GWW

Over the past 15 years, W.W. Grainger (NYSE:GWW) has produced an average annual return of 17.92%, outperforming the market by 5.74% on an annualized basis. With a current market capitalization of $45.74 billion, a $1000 investment in GWW 15 years ago would be worth $11,537.26 today.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:01 pm

ETN

Eaton Corp (NYSE:ETN) has delivered an average annual return of 19.2% over the past 15 years, outperforming the market by 7.03% on an annualized basis. A $100 investment in ETN 15 years ago would be worth $1,349.05 today. Eaton Corp's market capitalization currently stands at $128.64 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:01 pm

ILMN

Six analysts have recently updated their ratings on Illumina (NASDAQ:ILMN), showing a mix of opinions with a shift towards a more positive outlook. The average 12-month price target has significantly increased to $179.83 from $105.00, indicating a bullish sentiment. Illumina's financial performance shows strong revenue growth and profitability, despite challenges in market capitalization, ROE, and ROA. The company's focus on genetic analysis tools and services positions it well in the health care sector.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:00 pm

RYAN

Ryan Specialty Holdings' shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 5:00 pm