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MPC

Over the past 10 years, Marathon Petroleum (NYSE:MPC) has outperformed the market with an annualized return of 14.2%, turning a $100 investment into $369.47. The company's market capitalization stands at $60.68 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 4:30 pm

XLK

The Charles Schwab Trader Sentiment Survey indicates a significant increase in optimism among retail traders for Q1 2024, with 53% bullish on the U.S. stock market. This optimism extends to equities and the economy, with a notable shift in investment preferences towards individual stocks, ETFs, and specific sectors like technology, healthcare, and energy. The Technology Select Sector SPDR Fund (XLK) is highlighted as a preferred investment, reflecting the bullish sentiment towards the information technology sector.

Portfolio Pulse from Piero Cingari

February 22, 2024 | 4:30 pm

KDP

Keurig Dr Pepper Inc. (NASDAQ:KDP) shares fell after reporting Q4 results. While adjusted EPS of 55 cents exceeded expectations, revenues of $3.867 billion slightly missed forecasts. The company saw a 1.7% year-over-year increase in net sales, with US Refreshment Beverages net sales up 6.8%. However, U.S. Coffee net sales dropped 9.9%. International sales rose 11.5%, and adjusted operating income grew 6.5%. Keurig projects mid-single-digit net sales growth and high-single-digit EPS growth in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

February 22, 2024 | 4:29 pm

HLMN

Hillman Solutions shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 4:29 pm

WEAV

Weave Communications shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 4:28 pm

MGPI

MGP Ingredients shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 4:24 pm

NVDA

Benchmark analyst Cody Acree maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $625 to $1000, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 4:23 pm

STLA

Stellantis (NYSE:STLA) announced the start of limited production of its medium electric van, Vivaro Electric, at its Luton manufacturing facility in the first half of 2025. This move marks Stellantis' further commitment to electric vehicle (EV) production in the U.K., with Luton becoming its second plant in the country dedicated to EVs. The company's shares rose 3.00% to $26.38 following the announcement.

Portfolio Pulse from Lekha Gupta

February 22, 2024 | 4:20 pm

GBNH

Greenbrook TMS Inc (NASDAQ:GBNH) shares plummeted 44.5% to $0.21 after announcing a direct offering of 6 million shares at $0.20 each, aiming to raise $1.2 million for working capital and general purposes. A.G.P./Alliance Global Partners is the placement agent for the offering, expected to close on February 26.

Portfolio Pulse from Henry Khederian

February 22, 2024 | 4:20 pm

MOS

During a conference call, the CEO of Mosaic (MOS) indicated that there are early signs of an increase in potash prices. This could signal a positive outlook for the company's future revenue and profitability, given its role in the potash industry.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 4:20 pm