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CNXC

Concentrix (NASDAQ:CNXC) is anticipated to report an EPS of $2.58 in its upcoming quarterly earnings on March 26, 2024. The focus is on whether the company will surpass this estimate and provide positive future guidance. Historically, Concentrix's stock price has been sensitive to earnings performance and guidance, with a notable 16.02% drop after last quarter's earnings beat. Over the past year, CNXC shares have declined by 48.17%.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:01 pm

SNX

TD Synnex (NYSE:SNX) is scheduled to release its quarterly earnings report on March 26, 2024, with an expected EPS of $2.84. Historically, the company has shown a mixed reaction to earnings reports, with share price movements ranging from -2.0% to 3.0% following the announcement. Shares are currently trading at $105.44, marking a 14.2% increase over the last 52 weeks. Investors are looking for an earnings beat and positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:01 pm

ESLT

Elbit Systems (NASDAQ:ESLT) is scheduled to release its quarterly earnings report on March 26, 2024, with an estimated EPS of $1.38. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. The company's past earnings performance shows a mix of hits and misses, with the stock price reacting accordingly. Shares of Elbit Systems have seen a 19.52% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm

DHR

Over the past decade, Danaher (NYSE:DHR) has delivered an average annual return of 17.41%, outperforming the market by 6.72% on an annualized basis. A $100 investment in DHR 10 years ago would be worth $499.37 today, showcasing the impact of compounded returns on investment growth. Danaher's current market capitalization stands at $188.46 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm

IT

Gartner (NYSE:IT) has significantly outperformed the market over the past decade, with an annualized return of 21.04%, turning a $100 investment into $683.37 today. The company's market capitalization stands at $37.00 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm

DKNG

DraftKings (NASDAQ:DKNG) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish sentiments. The average 12-month price target has been raised to $49.59, reflecting a 13.9% increase from the previous target. Analysts from firms like JMP Securities, UBS, and Morgan Stanley have adjusted their ratings and price targets, indicating a positive outlook on DraftKings's performance. The company, known for its online sports and casino gambling services, has shown significant revenue growth and market presence, despite challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm

FINV

LU

LX

QFIN

Lufax Holding Ltd. (NYSE:LU) announced a special dividend of $2.42 per ADS, which is about half of its closing price of $4.48, following a significant reduction in its loan portfolio as part of a de-risking strategy. Despite this, investor enthusiasm remains low due to skepticism towards Chinese online lenders and concerns over China's economic slowdown. Lufax's shift towards higher quality borrowers and consumer lending, along with a reduction in geographical reach and operational costs, has not yet convinced investors of its long-term prospects.

Portfolio Pulse from The Bamboo Works

March 25, 2024 | 1:54 pm

SMCI

JPMorgan has identified a tech stock, presumably SMCI, that has already tripled in value this year and is expected to continue its upward trajectory due to its significant role in the AI revolution. The endorsement from a major financial institution like JPMorgan suggests strong confidence in the company's future performance and its contributions to AI technology.

Portfolio Pulse from Happy Mohamed

March 25, 2024 | 1:49 pm

RBC

RBC Bearings (NYSE:RBC) has seen a 17.31% increase in its short percent of float since the last report, with 1.25 million shares sold short, representing 4.88% of its available shares. This indicates a bearish market sentiment towards RBC Bearings, although it's noted that an increase in short interest doesn't necessarily predict a stock price fall. RBC Bearings has a higher short interest compared to its peers, with an average of 2.87% in its peer group.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 1:45 pm

BECN

Beacon Roofing Supply (NYSE:BECN) has seen a decrease in short interest, now at 4.57% of float, down 10.22% from the last report. With 1.89 million shares sold short, it would take about 3.07 days to cover all short positions. This change in short interest could indicate a shift in market sentiment towards BECN, potentially signaling increased bullishness among investors. BECN's short interest is higher than its peer group average of 3.76%.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 1:45 pm