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PVH

Over the past 20 years, PVH (NYSE:PVH) has outperformed the market with an annualized return of 9.28%, turning a $1000 investment into $5,792.70. PVH's market capitalization stands at $6.25 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 5:30 pm

CNQ

Canadian Natural Resources (NYSE:CNQ) has delivered an average annual return of 12.67% over the past 20 years, turning a $1000 investment into $10,862.40 today. With a current market capitalization of $87.06 billion, CNQ's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 5:30 pm

ALPN

Alpine Immune's stock is trading higher due to reports of the company considering a sale after receiving takeover interest.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:27 pm

CRPT

MSTR

MVPA

MicroStrategy Inc (NASDAQ:MSTR) faces a dilemma due to Bitcoin's surge, which has significantly increased the value of its shares and convertible bonds, making refinancing costly. The company's $650 million convertible bonds, due in 2025, are trading at nearly 3.8 times their par value, with the stock soaring approximately 390% since late 2020. This situation forces MicroStrategy to decide whether to repurchase the bonds at a high price or convert them into shares, potentially diluting stock value. Analysts see an upside for MicroStrategy, projecting Bitcoin's price could reach $150,000 by 2025 and increase the company's Bitcoin holdings.

Portfolio Pulse from Anusuya Lahiri

April 10, 2024 | 5:27 pm

CVX

HES

XOM

Chevron Corp's CEO Michael Wirth's pay increased to $26.5 million in 2023, a 12% rise from the previous year, outpacing the median pay raise for employees. The increase is attributed to successful financial management and the proposed acquisition of Hess Corp. Chevron's executive compensation and shareholder returns, including a record $26.3 billion through dividends and buybacks, are highlighted amidst scrutiny from Exxon Mobil Corp over the Hess acquisition.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 5:23 pm

SHIP

B. Riley Securities analyst Liam Burke has maintained a Buy rating on Seanergy Maritime Holdings (NASDAQ:SHIP) and increased the price target from $11 to $13.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:21 pm

RVMD

Raymond James analyst Laura Prendergast upgraded Revolution Medicines (RVMD) from Outperform to Strong Buy and increased the price target from $36 to $48.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:17 pm

AUB

BLK

BOTJ

C

COF

Shares of stocks in the broader financial sector are trading lower due to overall market weakness following hotter-than-expected March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:17 pm

CMG

Investors have shown a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with options trading data revealing 37 unusual trades. The sentiment is predominantly bearish, with a split of 24% bullish and 75% bearish. Large trades have targeted a price range of $2330 to $4100 for CMG over the last 3 months. The company, known for its fast-casual Mexican cuisine, reported systemwide sales of $9.9 billion in 2023. Despite a slight price drop of -1.02% to $2897.0, analysts have issued mixed ratings with a consensus target price of $3111.6.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 5:15 pm

OXY

Smart money investors are showing a significant interest in Occidental Petroleum (NYSE:OXY) options, with an equal split between bullish and bearish sentiments. Benzinga's tracking revealed 14 unusual options activities, with a price target range from $55 to $85 over the next three months. The company, an independent oil and gas producer, reported net proved reserves of nearly 4 billion barrels and an average production of 1,234 thousand barrels per day in 2023. The current market status shows OXY's stock down by -0.66% at $68.1, with a potential overbought RSI. Analyst ratings over the past month suggest an average target price of $74.5, with varying recommendations from Neutral to Overweight.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 5:15 pm