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ASND

Ascendis Pharma (NASDAQ:ASND) has significantly outperformed the market with an average annual return of 28.88% over the past 15 years, turning a $100 investment into $4,619.35 today. The company's market capitalization stands at $7.77 billion.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 6:00 pm

LMT

Lockheed Martin (NYSE:LMT) has delivered an average annual return of 12.03% over the past 20 years, outperforming the market by 4.01% annually. A $100 investment in LMT 20 years ago would be worth $964.31 today. Lockheed Martin's market capitalization stands at $110.85 billion, highlighting the significant impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 6:00 pm

NVDA

QCOM

NVIDIA Corporation (NASDAQ:NVDA) shares are trading higher, influenced by Qualcomm, Inc.'s (NASDAQ:QCOM) strong earnings report and bullish analyst ratings for NVDA. Qualcomm's earnings beat expectations, suggesting a robust market for semiconductors, which in turn has positively impacted other stocks in the sector, including Nvidia. Analysts have set a price target of $949.36 for NVDA, indicating a potential upside. Nvidia is expected to report its Q1 financial results soon, with high expectations from analysts. NVDA's stock is currently trading above its 50-day moving average and near its 52-week high.

Portfolio Pulse from Erica Kollmann

May 06, 2024 | 5:59 pm

DIS

Loop Capital analyst Alan Gould maintains a Buy rating on Walt Disney (NYSE:DIS) and raises the price target from $113 to $140, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:57 pm

DJT

SPY

Citadel's CEO, Ken Griffin, has expressed approval for the names being considered for Trump's cabinet, according to Reuters. This endorsement from a prominent figure in the financial industry could influence investor sentiment and market outlook.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:52 pm

PINS

Loop Capital analyst Rob Sanderson maintains a Buy rating on Pinterest (NYSE:PINS) and raises the price target from $43 to $49.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:52 pm

SPY

Citadel's CEO Ken Griffin expressed concerns about the sustainability of Social Security, predicting a default cycle and suggesting sanctions may favor currencies other than the dollar. Although SPY is not directly mentioned, its relevance is implied in the context of economic and financial market implications.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:49 pm

HRL

Hormel Foods Corporation (NYSE:HRL) has voluntarily recalled two varieties of Planters nuts in five states due to potential contamination with listeria monocytogenes. The recall affects products shipped to specific retailers and there have been no reported illnesses. The recall is limited to certain packages of Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts. HRL shares were down 1.04% at $34.81 following the announcement.

Portfolio Pulse from Vandana Singh

May 06, 2024 | 5:46 pm

DKNG

Stifel analyst Jeffrey Stantial maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $50 to $51.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:43 pm

SPY

Citadel's CEO, Ken Griffin, predicts that if the Federal Reserve does not cut interest rates in September, it will do so in December. This statement could influence investor expectations and market movements, particularly affecting the performance of broad market ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:40 pm