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CSIQ

ENPH

FSLR

NOVA

RUN

SEDG

SPWR

TAN

Goldman Sachs downgraded SunPower Corp (SPWR) to Sell with a price target of $4 due to doubts about its ability to continue operations, causing its shares to drop 35%. Despite this, Goldman Sachs remains positive on the solar sector, upgrading Sunnova Energy (NOVA) to Buy and Canadian Solar (CSIQ) to Neutral. Enphase Energy (ENPH) retains a Buy rating with a significant upside potential, while SolarEdge Technologies (SEDG) was downgraded to Sell. Sunrun (RUN) and First Solar (FSLR) maintained their Buy ratings, but their shares fell. The Invesco Solar ETF (TAN) is down around 35% this year.

Portfolio Pulse from Neil Dennis

December 18, 2023 | 8:33 pm

KKR

Over the past 10 years, KKR & Co (NYSE:KKR) has delivered an average annual return of 13.25%, outperforming the market. A $1000 investment in KKR stock a decade ago would be worth $3,481.72 today. KKR & Co currently has a market cap of $75.04 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 8:30 pm

KEYS

Over the past 5 years, Keysight Technologies (NYSE:KEYS) has produced an average annual return of 22.64%, outperforming the market by 8.2% on an annualized basis. A $1000 investment in KEYS 5 years ago would be worth $2,706.51 today. Keysight Techs currently has a market cap of $27.68 billion.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 8:30 pm

CCJ

EQNR

PARR

PBR

VIST

VTNR

Oil stocks are trading higher due to maritime attacks on the Red Sea, which have caused shipping disruptions, potentially affecting global oil supply and increasing oil prices.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 8:20 pm

AMZN

FDX

UPS

FedEx Corp (NYSE:FDX) is expected to report Q2 revenue of $22.405 billion, a potential decline from the previous year's $22.814 billion. Analysts predict EPS of $4.20, up from $3.18 year-over-year. Despite six quarters of missing revenue estimates, FedEx has outperformed EPS estimates for five consecutive quarters. Morgan Stanley's analyst sees a potential miss across all segments, while a Citi analyst views FedEx as a top pick, citing cost initiatives and a potential Cyber Week boost. FedEx's performance will be compared to UPS's recent revenue decline and guidance cut. FedEx shares have risen 60% YTD, outperforming UPS's 7% decline. Amazon's emergence as the largest U.S. residential parcel delivery company is also noteworthy.

Portfolio Pulse from Chris Katje

December 18, 2023 | 8:09 pm

AON

Over the past 10 years, Aon (NYSE:AON) has delivered an average annual return of 14.15%, outperforming the market. A $100 investment in Aon a decade ago would now be worth $379.93. Aon's market capitalization currently stands at $62.49 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 8:00 pm

Over the past decade, Waste Management (NYSE:WM) has yielded an average annual return of 14.72%, outperforming the market by 4.77% annually. A $100 investment in WM 10 years ago would be worth $396.61 today. Waste Management's market cap stands at $71.47 billion, reflecting its growth and performance over the years. The key takeaway is the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 8:00 pm

COST

TGT

WMT

Costco (NYSE:COST) sold over $100 million worth of one-ounce gold bars in the past three months, with each bar priced at $1,950, slightly above the spot price at the time. The company could have profited more by holding onto the gold due to a 6% increase in gold prices since September. However, offering gold bars may enhance Costco's brand value and customer loyalty, differentiating it from competitors like Walmart (NYSE:WMT) and Target (NYSE:TGT). Costco has since raised the price of its gold bars to over $2,000 each.

Portfolio Pulse from Aaron Bry

December 18, 2023 | 7:49 pm

HUM

Humana Inc. (NYSE: HUM) has reported a decrease in short interest, with the current level at 2.30 million shares or 1.87% of the float. This represents a 15.38% decline since the last report and would take approximately 1.4 days to cover based on average trading volume. Short interest is a measure of market sentiment, and a decrease may indicate a more bullish outlook among investors. Humana's short interest is below its peer group average of 3.06%.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:45 pm

AZO

AutoZone (NYSE:AZO) has seen a decrease in short interest, with the short percent of float falling 6.67% since the last report. The company has 476 thousand shares sold short, which is 3.08% of available shares for trading. The current short interest is lower than the peer group average of 13.55%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 7:45 pm