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JBL

Jabil (NYSE:JBL) has significantly outperformed the market with an average annual return of 37.2% over the past 5 years, turning a $100 investment into $488.70 today. The company's market capitalization stands at $16.68 billion.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 4:00 pm

AMZN

The article provides an in-depth comparison of Amazon.com (NASDAQ:AMZN) against its competitors in the Broadline Retail industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Amazon's financial performance is highlighted as strong, with high valuations and profitability metrics compared to industry averages, but its revenue growth is lower than the industry average.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 4:00 pm

META

The analysis compares Meta Platforms (META) with its competitors in the Interactive Media & Services industry, highlighting its financial metrics, market standing, and growth prospects. Meta's PE ratio is lower than the industry average, suggesting potential undervaluation. However, its PB and PS ratios are higher, indicating possible overvaluation in terms of book value and sales. Meta's ROE, EBITDA, gross profit, and revenue growth are significantly above the industry average, showcasing its strong financial performance and growth potential.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 4:00 pm

AAPL

AMZN

META

SPY

PETA proposes replacing Punxsutawney Phil with a coin for Groundhog Day predictions, citing the groundhog's low accuracy. The tradition, dating back to the 1800s, attracts thousands annually. Despite Phil's predictions, the SPDR S&P 500 ETF Trust (SPY) showed positive returns on Groundhog Day for the last five years, with no significant impact from the event. Groundhog Day 2024 may see increased stock market volatility due to major company reports from Apple (AAPL), Amazon (AMZN), and Meta Platforms (META), coinciding with the release of Apple Vision Pro headsets.

Portfolio Pulse from Chris Katje

February 02, 2024 | 3:53 pm

NXT

Goldman Sachs analyst Brian Lee has maintained a Buy rating on NEXTracker (NASDAQ:NXT) and increased the price target from $62 to $70.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 3:48 pm

EDVMF

Endeavour Mining PLC (OTC:EDVMF) has resumed operations at its Hounde gold mine in Burkina Faso after resolving an 11-day strike. The strike had significant financial impacts on the company, with operations at this key asset temporarily halted. The resolution came after a court in Burkina Faso ordered an end to the strike and the expulsion of protesters. Despite challenges, including political instability in Burkina Faso and increased mining royalty rates, the company remains committed to its operations in the region. The Hounde mine is a critical asset for Endeavour, accounting for nearly 30% of its total gold production in 2023. The company also faces legal investigations related to the firing of its CEO for misconduct.

Portfolio Pulse from Stjepan Kalinic

February 02, 2024 | 3:45 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 2nd, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed bullish and bearish scenarios for each asset, emphasizing the importance of monitoring these stocks for potential breakouts or reversals. The memo also highlights the significance of the premarket release of Non-Farm Payrolls and recent earnings reports from AAPL, AMZN, and META, advising traders to stay disciplined and strategically positioned.

Portfolio Pulse from RIPS

February 02, 2024 | 3:40 pm

META

Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $414 to $500.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 3:35 pm

AMZN

CLX

DECK

META

Clorox reported better-than-expected Q2 financial results and raised FY24 EPS guidance, leading to a 4.6% stock increase. Other stocks like Tyra Biosciences, Meta Platforms, and Deckers Outdoor also saw significant gains due to positive financial news or analyst upgrades. Companies like Amazon and Cigna reported strong results and provided optimistic future guidance, contributing to their stock's upward movement.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 3:35 pm

ROKU

High-rolling investors have shown a bearish positioning on Roku (NASDAQ:ROKU), with Benzinga's options scanner revealing unusual activity. The sentiment is split, with 37% bullish and 62% bearish. Notable options trades include a mix of puts and calls, with a focus on strike prices between $87.0 and $100.0. Roku's current market status shows a slight increase in stock price to $89.03, with an RSI indicating a neutral position. The company, a leading streaming platform, is approaching its earnings release in 13 days.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 3:32 pm