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USM

United States Cellular shares are trading lower after a previous gain on Tuesday when T-Mobile announced an agreement to acquire the company's wireless operations.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:01 pm

SPY

The Federal Reserve's Beige Book reports that national economic activity continued to expand from early April to mid-May, but conditions varied across industries and districts. The overall outlook has grown more pessimistic due to rising uncertainty and greater downside risks. Prices increased at a modest pace during the reporting period.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:01 pm

GMED

The article provides an in-depth analysis of Globus Medical (NYSE:GMED) based on recent analyst ratings. Over the past 30 days, 7 analysts have given mixed ratings, with a majority being bullish. The average 12-month price target has increased by 9.09% to $70.0. Key analysts from firms like BTIG, Piper Sandler, and Barclays have raised their price targets, reflecting positive sentiment. Despite strong revenue growth, the company faces challenges with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:01 pm

LULU

Lululemon Athletica (NASDAQ:LULU) has significantly outperformed the market over the past 15 years, with an annualized return of 28.43%. A $100 investment in LULU 15 years ago would be worth $4,484.33 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:00 pm

AMT

American Tower (NYSE:AMT) has outperformed the market over the past 20 years with an average annual return of 13.54%, surpassing the market by 5.63% annually. A $100 investment in AMT 20 years ago would be worth $1,322.50 today.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:00 pm

ACN

ADBE

Accenture Plc (NYSE:ACN) shares are trading slightly lower today. Accenture Song has been appointed as the global creative and content agency of record for Randstad NV (OTC:RANJY), focusing on marketing transformation using AI and creative content. Additionally, Accenture has agreed to acquire Partners in Performance and OPENSTREAM HOLDINGS to enhance its services across various sectors.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 5:48 pm

WCC

WESCO International shares are trading lower after Baird downgraded the stock from Outperform to Neutral.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 5:46 pm

DOGEUSD

FLOKIUSD

SHIBUSD

Dogecoin (DOGE) is gaining attention from cryptocurrency traders who predict a potential price surge. Analysts and traders suggest that Dogecoin could double in price once it overcomes key resistance levels. Despite its slower movement compared to newer meme coins, Dogecoin is seen as a safer bet within the meme coin ecosystem.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 5:45 pm

RBLX

Roblox Corp (NYSE:RBLX) faces a bearish outlook due to mixed earnings, a downgraded forecast, and the formation of a Death Cross. Despite some positive metrics, the stock has declined significantly, and analysts have reduced its price target.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 5:44 pm

INSM

Insmed shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 5:42 pm