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FCX

Over the past 5 years, Freeport-McMoRan (NYSE:FCX) has outperformed the market with an annualized return of 23.81%, resulting in an average annual return of 36.81%. A $1000 investment in FCX 5 years ago would be worth $4,515.39 today. The company's market capitalization currently stands at $73.93 billion.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:02 pm

AMT

Over the past 20 years, American Tower (NYSE:AMT) has produced an average annual return of 14.04%, turning a $1000 investment into $13,575.09 today. With a current market capitalization of $83.90 billion, AMT's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:02 pm

LXU

LSB Industries (NYSE:LXU) has received mixed analyst ratings over the past three months, with a recent shift towards a more bearish outlook. The average 12-month price target has been adjusted to $8.69, marking a 14.13% decline from the previous target. Analysts from Piper Sandler, RBC Capital, and UBS have updated their ratings and price targets, reflecting changes in market conditions and company performance. LSB Industries, a manufacturer of chemical products, faces revenue challenges with a -23.63% decline over 3 months but maintains strong financial metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 2:00 pm

ANET

Arista Networks, Inc. (ANET) is set to release its Q1 earnings after the market closes on May 7, with expectations of earnings per share at $1.75, up from $1.43 the previous year, and revenue projected at $1.55 billion, up from $1.31 billion. Following a year-over-year revenue increase of 20.8% in Q4, shares rose 1.6% to $278.82. Analysts from Jefferies, JP Morgan, Goldman Sachs, Barclays, and Wells Fargo have recently upgraded their price targets for ANET, indicating a positive outlook.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 1:52 pm

AGRI

DIS

GP

GSUN

MTC

NUVO

NUWE

U.S. stocks traded higher with the Dow Jones gaining over 50 points. Walt Disney Co reported better-than-expected Q2 earnings with a slight revenue miss. Nuwellis, MMTec, and Golden Sun Health Technology shares surged, while AgriFORCE, GreenPower Motor, and Holdco Nuvo Group shares fell. European and Asian markets showed mixed results, with notable economic updates from the Eurozone and Asia Pacific regions.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 1:51 pm

LYRA

HC Wainwright & Co. analyst Matthew Caufield downgraded Lyra Therapeutics (NASDAQ:LYRA) from Buy to Neutral and set a new price target of $2.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:48 pm

SMCI

Financial giants have shown a significant interest in Super Micro Computer (NASDAQ:SMCI), with a mix of bullish and bearish options trades. Analysis of Super Micro Computer's options history revealed 15 unusual trades, with an almost equal split between bullish and bearish sentiments. The whales are targeting a price range from $720.0 to $1500.0 for SMCI over the last 3 months. The largest trades include both puts and calls with varying sentiments and strike prices ranging from $820.00 to $1500.00. Super Micro Computer, a provider of high-performance server technology, has seen its stock price decrease by -2.18% to $812.25, with the next earnings report expected in 91 days.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 1:48 pm

CELH

Celsius Holdings (NASDAQ:CELH) has seen significant options trading activity, indicating a divided sentiment among large investors, with 50% bullish and 37% bearish. The trading suggests a price target range of $50 to $90. The company, known for its energy drinks, has a 20-year distribution deal with PepsiCo. Recent analyst ratings include a Buy from Stifel with a target of $85 and an Outperform from Wedbush with a target of $100. CELH's stock is currently at $75.73, with neutral RSI indicators and earnings expected imminently.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 1:47 pm

MU

Recent unusual options activity in Micron Technology (NASDAQ:MU) shows a balanced mix of bullish and bearish sentiment among investors, with significant trades targeting a price range from $107.0 to $150.0. The analysis of options trading patterns, alongside expert ratings, suggests a positive outlook for MU, with an average target price of $147.5. Current market status indicates a slight decrease in MU's stock price to $119.7, with potential overbought conditions. Analysts from Cantor Fitzgerald, Baird, Stifel, and Keybanc have given optimistic ratings, with price targets up to $150.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 1:47 pm

AAPL

TSM

Apple Inc (AAPL) shares rose following a Wall Street Journal report on its AI chip development for data centers, named Project ACDC, in collaboration with Taiwan Semiconductor Manufacturing Company Ltd (TSM). The chips, focused on running AI models, signal Apple's deeper move into AI, with potential updates expected at its Worldwide Developer Conference. Additionally, Apple's stock forecast for 2030 suggests a potential price of $691.41, based on its past five-year annualized performance of 30.34%.

Portfolio Pulse from Adam Eckert

May 07, 2024 | 1:46 pm