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HCA

HCA Healthcare (NYSE:HCA) has delivered an average annual return of 19.13% over the past 10 years, outperforming the market. A $100 investment in HCA stock a decade ago would be worth $581.75 today. The company's market capitalization currently stands at $71.69 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:30 pm

PDD

PDD Holdings (NASDAQ:PDD) has delivered an impressive average annual return of 47.71% over the past 5 years, outperforming the market by 32.58% on an annualized basis. A $1000 investment in PDD 5 years ago would be worth $7,088.03 today. The company's current market capitalization stands at $196.54 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:30 pm

NSA

National Storage Affiliates Trust (NYSE:NSA) announced a quarterly dividend of $0.56 per share, with an annual payment of $2.24. The stock price was $33 on Dec. 5, 2023, with a 52-week range between $27.86 and $44.79. To earn $500 monthly from NSA dividends, an investment of $89,020 is required, equating to 2,704 shares. The article also discusses the calculation of dividend yield and the impact of external factors such as inflation and revenue decline on dividend payments.

Portfolio Pulse from judithnwadigo@gmail.com

December 19, 2023 | 7:30 pm

LEN

Raymond James analyst Buck Horne upgraded Lennar Corp's (LEN) price target from $150 to $165, maintaining an Outperform rating after the company reported F4Q23 core EPS of $5.17, beating estimates of $4.59. Despite challenges with high mortgage rates in 4Q, Lennar managed to generate 32% year-over-year new order growth by offering price reductions and other incentives. However, these incentives are expected to lead to lower 1Q24 gross margins. Lennar's strategy has allowed it to gain market share and is well-positioned for 2024 with a net debt-free balance sheet and a land-light pivot. LEN shares rose 1.14% to $148.91 following the news.

Portfolio Pulse from Shivani Kumaresan

December 19, 2023 | 7:29 pm

ILMN

Illumina's stock (ILMN) has seen an increase in its share price following an upgrade from Scotiabank, which changed its rating from Sector Perform to Sector Outperform.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 7:26 pm

BLK

BTCUSD

Bitcoin has seen a positive shift in sentiment with BlackRock Inc (NYSE:BLK) amending its spot Bitcoin ETF filing, signaling potential near-term approval. Analysts predict multiple spot Bitcoin ETF approvals before January 2024. Bitcoin's price has risen by around 1% in the past 24 hours, with a 2.6% increase over the past week. BlackRock's amended filing includes changes in redemption policy and indicates shares will be listed on Nasdaq under the ticker 'IBIT'.

Portfolio Pulse from Khyathi Dalal

December 19, 2023 | 7:23 pm

IONS

TAK

Ionis Pharmaceuticals Inc (NASDAQ:IONS) has licensed the European commercialization rights for donidalorsen to Otsuka Pharmaceutical. Ionis will receive a $65 million upfront payment, milestone payments, and royalties from 20% to 30%. Phase 3 results for donidalorsen are expected in the first half of 2024. Needham and William Blair analysts view the deal positively, noting Ionis's strategic focus on the U.S. market for rare disease drugs and prudent resource use. Takeda Pharmaceutical's (NYSE:TAK) Takhzyro leads the HAE prophylactic therapy market, which is mainly U.S.-driven. IONS shares saw a slight decrease of 0.29% to $50.57.

Portfolio Pulse from Vandana Singh

December 19, 2023 | 7:23 pm

ENPH

Enphase Energy announced a restructuring plan that involves reducing its global workforce by approximately 10%, which has led to its shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 7:21 pm

RUNEUSD

THORChain's cryptocurrency, RUNE, has seen a 5.34% decrease in price over the last 24 hours, continuing a weekly downward trend of -10%. The trading volume has decreased by 32%, while the circulating supply has slightly increased. Despite the decline, RUNE maintains a market cap ranking of #50, valued at $1.53 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:03 pm

AWK

American Water Works (NYSE:AWK) has seen an 11.41% increase in short interest since its last report, with 2.86 million shares sold short, representing 1.66% of available shares. It would take about 2.38 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. AWK's short interest is slightly below its peer group average of 1.67%.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:02 pm