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PARA

Jim Leventhal announced on CNBC that he has sold his shares in Paramount Global. This decision could influence investor sentiment and potentially impact Paramount's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:32 pm

LRCX

Stephanie Link announced on CNBC that she has trimmed her position in Lam Research, indicating a potential shift in her investment strategy regarding the company.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:31 pm

CPRT

Copart (NASDAQ:CPRT) has significantly outperformed the market over the past 15 years, with an average annual return of 23.46%. A $100 investment in CPRT 15 years ago would now be worth $2,382.91. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 4:30 pm

HEI

Heico (NYSE:HEI) has significantly outperformed the market over the past 15 years, with an average annual return of 24.28%, surpassing the market by 12.08% annually. A $100 investment in Heico 15 years ago would now be worth $2,577.95, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 4:30 pm

BNO

USO

Oil prices are declining after a recent rise due to a Libyan production outage. Goldman Sachs has reduced its oil price forecasts, attributing this to slower demand growth in China and increased US supply.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:29 pm

UI

Ubiquiti shares declined after Barclays maintained an Underweight rating and reduced its price target from $108 to $104.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:23 pm

LYFT

Lyft has partnered with Payfare to enhance its Lyft Direct debit card and banking app, offering new features like cashback rewards for drivers. Despite this development, Lyft's shares are trading lower.

Portfolio Pulse from Nabaparna Bhattacharya

August 27, 2024 | 4:22 pm

PDD

PDD Holdings shares declined following a downgrade by Citigroup from Buy to Neutral, along with reduced price targets from multiple firms.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:20 pm

MULN

Mullen Automotive shares fell on Tuesday after a previous rise due to a $210 million purchase agreement with Volt Mobility for EV cargo vans and trucks. Despite the positive news, the stock is down over 70% in the past month.

Portfolio Pulse from Erica Kollmann

August 27, 2024 | 4:19 pm

BN

CMG

CP

GOOG

GOOGL

HHH

HLT

NKE

QSR

SEG

Bill Ackman is considering launching a Pershing Square ETF instead of a closed-end fund IPO, aiming to offer more accessible and liquid investment options. This shift aligns with modern investment trends and could attract a broader range of investors.

Portfolio Pulse from Surbhi Jain

August 27, 2024 | 4:18 pm