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HD

Over the past 15 years, Home Depot (NYSE:HD) has delivered an average annual return of 19.75%, outperforming the market by 7.78%. A $100 investment in HD stock 15 years ago would be worth $1,479.80 today. Home Depot's market capitalization currently stands at $346.99 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 8:30 pm

DELL

Dell Technologies (NYSE:DELL) has delivered an average annual return of 26.99% over the past 5 years, outperforming the market by 13.0% annually. A $100 investment in DELL 5 years ago would be worth $330.24 today. Dell's market cap stands at $53.73 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 8:30 pm

ANSS

SNPS

Synopsys is reportedly in discussions to acquire Ansys, a company valued at nearly $30 billion. If successful, the deal would create a major player in the design-software industry. The acquisition could be finalized early in 2024, but there is still a possibility that the talks may not lead to a deal or that another buyer may step in.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 8:26 pm

BRKH

Blaize, a provider of AI solutions for edge computing, is set to go public through a merger with BurTech Acquisition Corp. (NASDAQ: BRKH). The transaction values Blaize at $894 million and is expected to provide at least $70 million in proceeds to accelerate Blaize's product roadmap and capitalize on business opportunities. Blaize has a strong customer pipeline and strategic investors like DENSO and Mercedes Benz. The merger is expected to close in Q2 2024, subject to approvals and conditions.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 8:18 pm

MS

Morgan Stanley (NYSE:MS) has delivered an average annual return of 18.73% over the past 5 years, outperforming the market. A $1000 investment in MS five years ago would now be worth $2,505.27. The company's current market capitalization stands at $152.18 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 8:00 pm

ZS

Zscaler (NASDAQ:ZS) has significantly outperformed the market, with an average annual return of 41.38% over the past 5 years. An investment of $100 in ZS stock five years ago would be worth $621.70 today. Zscaler's market capitalization currently stands at $32.78 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 8:00 pm

ADN

ALVR

BMY

DSKE

KRTX

NCPL

NKE

RMCO

The Dow Jones index closed slightly lower, while the NASDAQ and S&P 500 saw modest gains. Nike reported Q2 earnings that beat expectations but missed on sales, with revenue of $13.39 billion against an expected $13.43 billion. Nike also plans to achieve up to $2 billion in cost savings over the next three years. In other news, Karuna Therapeutics will be acquired by Bristol Myers Squibb, Royalty Management's unit began production, and Daseke will be acquired by TFI International. AlloVir, Advent Technologies, and Netcapital saw their shares fall due to clinical trial updates, a stock offering, and a public offering, respectively.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 7:47 pm

TGT

WMT

Piper Sandler analyst Edward Yruma has reiterated an Overweight rating on Target Corporation (TGT) with a price target of $180. Target has seen a 38% revenue growth since 2019, outpacing Walmart's 23%. The company is improving operational efficiency and discipline, which is expected to yield continued gains in 2024. Target is also focusing on standardizing work processes, enhancing security, expanding its brand offerings, innovating in private-label assortments, and leveraging Target Circle personalization. Remodels and new stores are contributing to strong returns and are expected to support long-term growth. TGT shares have seen a slight increase to $139.53.

Portfolio Pulse from Nabaparna Bhattacharya

December 22, 2023 | 7:41 pm

TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) stock is trading higher, with a more than 25% increase over the past month. The rise follows the completion of two private debt-for-equity exchange transactions, where Tilray issued 9,601,538 shares to convert $18.5 million of its 5.25% convertible senior notes due in June 2024. The trading volume has more than doubled the average, with over 33.3 million shares traded. Tilray is scheduled to release its second-quarter financial results on January 9, with a conference call to follow.

Portfolio Pulse from Erica Kollmann

December 22, 2023 | 7:38 pm

KO

PG

Coca-Cola Inc (NYSE:KO) has a long history with Santa Claus, using the character in advertising since the 1910s. In 1931, Coca-Cola commissioned Haddon H. Sundblom to create a new version of Santa, which has become iconic. A $1,000 investment in Coca-Cola stock in 1931, considering stock splits, would be worth $1,841,806.08 today. Procter & Gamble (NYSE:PG) also used Santa in an Ivory Soap ad in 1885.

Portfolio Pulse from Chris Katje

December 22, 2023 | 7:38 pm