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JWN

Nordstrom, Inc. (NYSE:JWN) announced plans to open a new Nordstrom Rack in Morrisville, North Carolina in spring 2025. This expansion aims to grow their footprint in the Raleigh market and introduce new customers to the Nordstrom experience.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 4:04 pm

MSTR

Recent unusual options activity for MicroStrategy (NASDAQ:MSTR) indicates a bullish sentiment among deep-pocketed investors. Benzinga's options scanner highlighted 46 significant options trades, with a notable volume and open interest. Analysts maintain a Buy rating with high target prices.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

MRNA

Financial giants have made significant bearish moves on Moderna (NASDAQ:MRNA) through options trading. Analysis shows 76% of trades are bearish, with major market movers focusing on a price range of $65.0 to $200.0. Moderna's stock is currently trading at $81.77, with mixed analyst ratings and an upcoming earnings report in 79 days.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

VLTO

Nine analysts have provided mixed ratings for Veralto (NYSE:VLTO) over the past quarter, with a majority being indifferent. The average 12-month price target has increased by 8.89% to $110.11. Analysts from firms like UBS, TD Cowen, Deutsche Bank, Goldman Sachs, RBC Capital, Stifel, and Baird have updated their ratings and price targets, reflecting their evolving perspectives on Veralto's market performance.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

CAT

Caterpillar (NYSE:CAT) has outperformed the market over the past 15 years with an average annual return of 14.3%, surpassing the market by 2.41% annually. A $1000 investment in CAT 15 years ago would be worth $7,431.61 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:01 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market over the past decade, delivering an average annual return of 21.92%. A $100 investment in ORLY 10 years ago would now be worth $725.84, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:00 pm

DG

Over the past three months, 14 analysts have evaluated Dollar General (NYSE:DG), showing a range of sentiments from bullish to bearish. The average 12-month price target is $148.57, down 3.88% from the previous $154.57. Analysts have adjusted their ratings and price targets, reflecting their evolving outlooks on the company.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:00 pm

VALN

Valneva shares are trading higher following the release of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 4:00 pm

IHS

IHS Holding shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:58 pm

BTC

Bitcoin long-term holders have been accumulating in July, according to a report by Glassnode. The Accumulation Trend Score has reached its maximum value, indicating significant accumulation. Despite market turbulence, the spot price remains above the Active Investor Cost Basis, suggesting underlying strength. However, the Cumulative Volume Delta shows persistent sell-side pressure.

Portfolio Pulse from Murtuza Merchant

August 13, 2024 | 3:57 pm