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NVO

Options market analysis for Novo Nordisk (NYSE:NVO) shows a bearish sentiment with 69% of trades being bearish. The price target range is between $95.0 and $145.0. Novo Nordisk, a leader in diabetes care, has seen its stock price increase by 2.56% to $122.84. Analysts have set an average target price of $140.0, with Cantor Fitzgerald analysts giving multiple Overweight ratings with a target of $140.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:32 pm

WEX

$100 invested in WEX 15 years ago would now be worth $46,000, showcasing the company's exceptional annualized return of 50.47% over this period. WEX's market capitalization stands at $9.17 billion, highlighting its significant growth and outperformance in the market.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:31 pm

AMT

American Tower (NYSE:AMT) has delivered an average annual return of 15.48% over the past 20 years, turning a $100 investment into $1,733.23 today. With a current market capitalization of $92.70 billion, AMT's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:31 pm

MU

Micron Technology's stock price increased following Mizuho's decision to maintain a Buy rating and raise its price target from $100 to $105.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:29 pm

UNH

UnitedHealth Group Inc's (NYSE:UNH) tech unit is experiencing a week-long ransomware outage caused by the 'Blackcat' ransomware gang, disrupting payment processing and causing financial strain for healthcare providers. The outage affects prescription deliveries and claims processing, leading to cash shortages for both large hospital chains and small businesses. The situation is severe, with some businesses unable to bill at all. The timeline for resolution is uncertain, with potential impacts lasting up to 30 days or more. UNH shares are slightly down in premarket trading.

Portfolio Pulse from Vandana Singh

March 01, 2024 | 3:28 pm

BIVI

BioVie Inc (NASDAQ:BIVI) shares surged after announcing two presentations at the International Conference on Alzheimer’s and Parkinson’s Diseases 2024. The company reported significant improvements in non-motor and motor symptoms for Parkinson’s Disease patients treated with NE3107, based on phase 2a study data. Additionally, phase 3 trial outcomes for NE3107 in Alzheimer’s disease showed promising directional data despite missing statistical significance due to protocol violations. BIVI shares are up 176.7% at $3.45 in premarket trading.

Portfolio Pulse from Vandana Singh

March 01, 2024 | 3:21 pm

ADM

Deep-pocketed investors have shown a bearish sentiment towards Archer-Daniels Midland (ADM), with options activity indicating expectations of a price range between $50.0 and $57.5 in the next three months. The analysis of options activity reveals a significant bearish inclination, with 87% of the activity being bearish. The company, a major processor of agricultural commodities, is currently trading at $54.75, with an RSI indicating a neutral position. An analyst from Citigroup has recently downgraded ADM to Neutral with a price target of $57.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:16 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for March 1st, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It outlines potential bullish and bearish price levels for each asset, influenced by recent PCE data and anticipation of PMI release and Federal Reserve speakers' remarks. The memo emphasizes the importance of adapting trading strategies to market conditions and offers insights from pro trader RIPS.

Portfolio Pulse from RIPS

March 01, 2024 | 3:13 pm

WMG

Warner Music Gr (NASDAQ:WMG) announced a dividend payout of $0.17 per share with an annualized yield of 1.90%, payable on March 01, 2024, to shareholders of record as of February 22, 2024. The company has shown a consistent increase in dividend per share from $0.54 in 2021 to $0.66 in 2023, alongside a growth in earnings per share from $0.77 to $1.03 over the same period, indicating strong financial health and a focus on enhancing shareholder returns.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:05 pm

FATBB

NATH

Nathan's Famous (NASDAQ:NATH) announces a dividend payout of $0.50 per share with an annualized yield of 2.80%, payable on March 01, 2024, to shareholders of record as of February 20, 2024. The company has shown a consistent increase in dividends per share from $1.40 in 2020 to $2.00 in 2023, alongside a positive earnings growth from $2.91 to $4.80 per share over the same period. This indicates a strong financial health and a commitment to returning value to shareholders. Nathan's dividend yield is compared to its industry peers, with FAT Brands (NASDAQ:FATBB) having the highest yield at 7.89%.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:05 pm