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NVDA

NVIDIA (NASDAQ:NVDA) outperforms its competitors in the Semiconductors & Semiconductor Equipment industry across several key financial metrics, including PE, PB, PS ratios, ROE, EBITDA, gross profit, and revenue growth. With a PE ratio lower than the industry average, and significantly higher ROE, EBITDA, and revenue growth, NVIDIA demonstrates strong profitability, efficient equity use, and robust sales performance. Its lower debt-to-equity ratio suggests a healthier balance between debt and equity, positioning NVIDIA as a financially strong company with growth potential.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a 5.9% increase in price over the last 24 hours, reaching $87.99, with an 8.0% increase over the past week from $81.1. The coin's all-time high is $410.26. Trading volume decreased by 2.0% over the past week, and the circulating supply dropped by 0.05% to over 74.47 million, making up 88.65% of its max supply. Litecoin's market cap ranks it #21 at $6.56 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 3:00 pm

SAH

Sonic Automotive's stock (SAH) experienced a rise after B of A Securities upgraded its rating from Underperform to Buy and increased its price target from $55 to $68.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:55 pm

HTZ

Hertz plans to sell an additional 10,000 EVs in 2024 due to significant depreciation losses, totaling 30,000 EV sales. The company faced a $195 million charge to vehicle depreciation, with depreciation costs up $339 per vehicle, $119 of which is attributed to EVs. Despite a 2% revenue increase to $2.1 billion in Q1, Hertz reported $567 million in quarterly losses, largely due to depreciation costs. The sale includes models from Chevrolet, Kia, Mercedes, and Tesla at competitive prices.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:53 pm

AN

AutoNation shares are trading higher following the announcement of mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:52 pm

AVTR

Avantor Inc (NYSE:AVTR) reported a Q1 net sales decrease of 5.6% YoY to $1.68 billion, with an adjusted EPS of $0.22, surpassing consensus estimates. The company maintained its 2024 revenue guidance of $6.85 billion-$7.06 billion and adjusted EPS forecast of 96 cents to $1.04. Despite a decline in Laboratory Solutions and Bioscience Production sales, Avantor's guidance is deemed conservative and achievable by William Blair, who rates the stock as Market Perform. AVTR shares dropped 3.7% to $24.20.

Portfolio Pulse from Vandana Singh

April 26, 2024 | 2:51 pm

OIS

Oil States International shares are trading lower following the announcement of worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:49 pm

GOOGL

SKX

SLCA

Skechers U.S.A., Inc. reported better-than-expected first-quarter FY24 earnings, leading to a 16% stock price increase. Other companies like Universal Logistics Holdings, Exponent, Inc., and Snap Inc. also reported strong financial results, contributing to their stock gains. Notably, U.S. Silica Holdings is being acquired by Apollo affiliates, and Alphabet Inc. announced a $70 billion share repurchase program and its first-ever quarterly dividend.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 2:45 pm

MTX

Minerals Technologies (MTX) shares rose following the announcement of Q1 adjusted EPS that exceeded expectations, despite missing sales forecasts.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:45 pm

MTX

Minerals Technologies (MTX) shares are trading higher following the announcement of mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 2:44 pm