Streetbeat News

Stock Prices

DHR

Deep-pocketed investors are showing a bearish sentiment towards Danaher (NYSE:DHR) with significant options activity. The options scanner highlighted 24 extraordinary options activities, with 50% of investors leaning bearish. The stock is currently down by 2.15% at $266.83, and analysts have mixed ratings with price targets ranging from $278 to $315.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:16 pm

NICE

NTNX

TMDX

A study by Social Capital Markets highlights the rapid valuation growth of meme coins like Dogecoin, Shiba Inu, and Pepe compared to traditional companies. These coins reached billion-dollar valuations in months, driven by online communities and speculative hype, unlike traditional companies that took decades. The study also warns of the risks associated with meme coins due to their volatile nature.

Portfolio Pulse from Murtuza Merchant

October 16, 2024 | 5:10 pm

MSTR

MicroStrategy shares are trading higher as Bitcoin surpasses $68,000. The company, holding 252,220 Bitcoin, is influenced by Bitcoin's price changes. Bitcoin ETFs also saw significant inflows. MicroStrategy will release Q3 earnings on Oct. 30, with analysts expecting a revenue of $122.66 million and a loss of 11 cents per share.

Portfolio Pulse from Dylan Berman

October 16, 2024 | 5:08 pm

CASY

Casey's General Stores (NASDAQ:CASY) has received diverse analyst ratings over the past three months, with a mix of bullish and bearish outlooks. The average 12-month price target has increased to $404.43, with a high of $444.00 and a low of $300.00. Analysts have adjusted their ratings and price targets, reflecting their perceptions of the company's market standing. Casey's General Stores is the third-largest convenience store chain in the U.S., with strong financial metrics such as a high net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:01 pm

ILMN

Illumina (NASDAQ:ILMN) has significantly outperformed the market over the past 20 years, with an annualized return of 21.05%. A $100 investment in Illumina 20 years ago would be worth $4,560.68 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:01 pm

EXLS

ExlService Holdings (NASDAQ:EXLS) has significantly outperformed the market over the past 5 years, with an average annual return of 25.71%. A $1000 investment in EXLS 5 years ago would be worth $3,070.86 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:01 pm

WGS

GeneDx Holdings (NASDAQ:WGS) has received mixed analyst ratings, with a recent increase in average price targets. Analysts have raised their price targets, reflecting a more optimistic outlook. The company has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:01 pm

LMT

High-rolling investors have shown bearish sentiment on Lockheed Martin (NYSE:LMT) through options trading, with 50% of trades being bearish. The stock is currently trading at $611.35, with a consensus target price of $656.25. Analysts maintain positive ratings, but unusual options activity suggests potential market movements.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:01 pm

NVDA

NVIDIA shares are experiencing an uptick as chip stocks recover from a previous decline.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:01 pm

ATAT

BABA

BEKE

BIDU

BILI

BZ

GDS

US-listed Chinese stocks are experiencing a rebound after a recent selloff caused by stimulus uncertainty and weak economic data.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:00 pm