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PLD

Over the past 15 years, Prologis (NYSE:PLD) has delivered an average annual return of 14.98%, outperforming the market by 2.0% annually. With a current market capitalization of $118.45 billion, a $1000 investment in PLD 15 years ago would now be worth $8,739.93.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 6:00 pm

ABBV

Over the past 10 years, AbbVie (NYSE:ABBV) has delivered an average annual return of 13.15%, outperforming the market by 2.45% on an annualized basis. With a current market capitalization of $317.49 billion, an investment of $100 in ABBV stock a decade ago would be worth $348.80 today.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 6:00 pm

PAYX

Paychex's (NYSE:PAYX) short interest has increased by 12.75% since the last report, with 10.77 million shares sold short, representing 3.36% of its float. It would take about 6.1 days to cover these short positions based on current trading volumes. This rise in short interest could indicate a more bearish market sentiment towards Paychex, although it has less short interest compared to its peer group average of 5.54%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on a decline.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 6:00 pm

MNST

Monster Beverage's (NYSE:MNST) short interest has increased by 18.6%, with 13.32 million shares sold short, representing 2.04% of its float. This indicates a bearish market sentiment, although it's lower than its peer group average of 7.50% short interest. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 6:00 pm

AAPL

Apple Inc (NASDAQ:AAPL) faces a significant challenge in China's smartphone market with iPhone shipments declining by -33% year-on-year and -56% month-on-month in February, far exceeding typical seasonal patterns. JPMorgan analyst Samik Chatterjee attributes the decline to market digestion and inventory adjustments rather than a fundamental shift in market dynamics or loss of market share, maintaining an Overweight rating on AAPL stock. Despite the downturn, Apple's resilience and history of innovation are highlighted as key factors that could help it navigate the current market turbulence.

Portfolio Pulse from Surbhi Jain

March 27, 2024 | 5:54 pm

CELH

GME

IWM

MAGS

NCNO

TLT

Wall Street saw mixed performance with tech giants slightly down, while blue chips and small caps gained. The S&P 500, Dow Jones, and Nasdaq showed varied movements. The Roundhill Magnificent Seven ETF and iShares Russell 2000 ETF experienced declines and gains respectively. Gold and the iShares 20+ Year Treasury Bond ETF rose, while Bitcoin fell. Sector-wise, utilities and real estate outperformed, whereas technology was flat. Key stock movements included nCino, GameStop, and others reacting to earnings or updates.

Portfolio Pulse from Piero Cingari

March 27, 2024 | 5:51 pm

ENPH

FSLR

SEDG

SPWR

Solar stocks surged following the announcement of a three-year, $400M deal between Suniva and Heliene to supply solar cells, enabling US solar project developers to benefit from federal subsidies for American-made equipment. SunPower, SolarEdge, Enphase Energy, First Solar, and Canadian Solar saw significant stock price increases.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 5:48 pm

PFE

Financial analysis reveals a bullish sentiment among big money traders on Pfizer (NYSE:PFE), with 66% of observed options trades being bullish. The analysis, based on 15 unusual trades, shows a preference for calls over puts, indicating expectations for Pfizer's stock to rise. The targeted price range for these options is between $20.0 and $50.0. Pfizer, a leading pharmaceutical company with annual sales nearing $50 billion, is currently experiencing a slight increase in stock price to $27.7, with an upcoming earnings release in 35 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:46 pm

NEE

NextEra Energy (NYSE:NEE) has seen unusual options activity indicating a mixed sentiment among big-money traders, with a bearish lean. Benzinga's options scanner revealed 11 significant trades, with a sentiment split of 45% bullish and 54% bearish. The trades suggest a price target range of $49.0 to $67.5. The current stock price is $62.16, with a recent uptick of 1.19%. Market experts have set a consensus target price of $76.33, with ratings from BMO Capital, Mizuho, and Wells Fargo indicating a positive outlook. The next earnings report is due in 27 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 5:46 pm

NKE

Wedbush analyst Tom Nikic reiterates an Outperform rating on Nike Inc (NYSE:NKE) with a price target of $115, highlighting the successful launch of the Air Max DN model. The product sold out on Nike.com, marking a positive development for Nike, which has faced challenges in product innovation and competition. The analyst emphasizes the importance of continuous innovation and points to the upcoming Investor Day as a potential positive catalyst.

Portfolio Pulse from Shivani Kumaresan

March 27, 2024 | 5:46 pm