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MELI

Over the past 5 years, MercadoLibre (NASDAQ:MELI) has produced an average annual return of 22.64%, outperforming the market by 11.21% on an annualized basis. A $1000 investment in MELI 5 years ago would be worth $2,826.15 today, showcasing the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:00 pm

JBLU

JetBlue Airways (NASDAQ:JBLU) received mixed ratings from 6 analysts, with an updated average 12-month price target of $6.83, reflecting a 46.25% increase from the previous target. The ratings range from 'Buy' to 'Sell', indicating varied expectations for the airline's performance. Despite facing revenue challenges with a -3.73% decline over 3 months, JetBlue showcases strong financial health with impressive net margin and ROE figures. The company operates in various segments, with the majority of revenue generated from the Domestic & Canada segment.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:00 pm

SMCI

The analysis compares Super Micro Computer (SMCI) against its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. SMCI shows potential undervaluation based on its P/E ratio, but its P/B and P/S ratios suggest overvaluation. Its ROE, EBITDA, and gross profit are below industry average, though it has significant revenue growth and a strong financial position indicated by a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:00 pm

XRPUSD

XRP (CRYPTO: XRP) has seen a 3.07% increase in price over the last 24 hours, reaching $0.50, despite a weekly decline of 18% from $0.61. The coin's all-time high is $3.40. Trading volume has risen by 41% over the past week, and its circulating supply has slightly decreased, making up 55.12% of its max supply. XRP's market cap ranks it 8th at $27.53 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:00 pm

LNKS

Linkers Industries Limited (NASDAQ:LNKS) is set to IPO on April 19, offering shares priced between $4.00 and $6.00. The company, a manufacturer and supplier of wire/cable harnesses based in Malaysia, has over 20 years of industry experience. An insider lock-up period is set for 180 days, ending on October 16, 2024.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:00 pm

MTEN

Trading for the IPO security MTEN was halted but has now resumed as of 11:00:00 AM ET, allowing for quotation and trading activities to continue.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 3:00 pm

GLD

SPY

USO

The U.S. has imposed new sanctions on Iran targeting individuals, organizations, and industries in response to an attack on Israel. These sanctions, announced by the Treasury's OFAC, focus on Iran's UAV capabilities and steel industry, aiming to undermine Iran's destabilizing activities and support for terrorism. The UK and EU are aligning with the U.S. in imposing similar sanctions. Market reactions were muted, with slight declines in oil prices and minor movements in major indices and gold.

Portfolio Pulse from Piero Cingari

April 18, 2024 | 2:57 pm

CVAR

LAZ

Lazard, Inc. (NYSE:LAZ) has partnered with Elaia Partners to form Lazard Elaia Capital (LEC), a new asset management company aimed at investing in European technology companies. The partnership, which includes Lazard acquiring a minority stake in Elaia Partners, aims to support tech companies from seed stage to public listing. An inaugural fund is expected to launch by 2025, subject to regulatory approval. LAZ stock rose 0.93% to $37.79 following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

April 18, 2024 | 2:57 pm

PRI

Primerica shares are trading lower following a negative report from The Bear Cave.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 2:54 pm

DJT

A recent SEC filing by Trump Media & Technology Group outlines instructions for shareholders on preventing their DJT stock from being loaned to short sellers. This move could impact the stock's availability for short selling and potentially its market dynamics.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 2:53 pm