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NDAQ

Over the past 20 years, Nasdaq (NASDAQ:NDAQ) has produced an average annual return of 15.56%, outperforming the market by 8.09% on an annualized basis. A $100 investment in NDAQ 20 years ago would be worth $1,786.13 today. Nasdaq's market capitalization currently stands at $31.95 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 6:00 pm

AZO

Over the past 5 years, AutoZone (NYSE:AZO) has produced an average annual return of 25.44%, outperforming the market by 11.64% on an annualized basis. A $1000 investment in AZO five years ago would be worth $3,166.83 today. AutoZone's market capitalization currently stands at $45.06 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 6:00 pm

BAH

ORCL

WDC

On CNBC's Halftime Report, analysts shared their final trades, which included Zoom Video Communications, Booz Allen Hamilton, Oracle, and Western Digital Corp. These companies were highlighted as potential investment opportunities, though specific details regarding the rationale behind each pick were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 6:00 pm

CPRX

Catalyst Pharmaceuticals' stock is trading higher following an Outperform rating initiation and a $30 price target from Oppenheimer.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 5:54 pm

NFLX

Wedbush analyst Alicia Reese is bullish on Netflix Inc (NASDAQ:NFLX) ahead of its Q4 earnings report, with an Outperform rating and a $525 price target. The optimism is based on a survey indicating an uptick in subscribers and ARPU, strong cash flow, and effective strategies like global content creation, password sharing crackdown, and an ad-supported tier. Reese predicts Q4 revenue of $8.758 billion and 8.75 million new subscribers, exceeding consensus estimates. NFLX shares are up 66% YTD.

Portfolio Pulse from Chris Katje

December 21, 2023 | 5:48 pm

HDB

HDFC Bank Inc. (NYSE:HDB) shares are trading higher by 0.95% at $66.20, with an 11.26% increase over the past month but a 0.96% decrease over the past year. The stock's P/E ratio of 20.48 is higher than the Banks industry average of 13.37, which could suggest it is overvalued or expected to perform better. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:45 pm

ADI

TXN

Texas Instruments (NASDAQ:TXN) and Analog Devices (NASDAQ:ADI) are implicated in a Bloomberg report for allegedly having their semiconductor chips reach Russian military-linked entities in 2023, despite U.S. export restrictions. The chips were shipped via Hong Kong, with over 17,000 Texas Instruments chips valued at $25 million delivered to Russian businesses, including some under U.S. sanctions. Both companies assert they ceased business with Russia in 2022 and oppose the use of their products in Russian military equipment. On the last check Friday, ADI shares rose by 2.09% to $196.22, and TXN shares increased by 1.35% to $167.38.

Portfolio Pulse from Nabaparna Bhattacharya

December 21, 2023 | 5:45 pm

SOL

An anonymous Solana trader turned $92 into $1.55 million in 16 days by trading a memecoin called Silly. The trader initially bought 20.5 million SILLY tokens with 0.7 SOL and later sold 5 million of them for 202,575 USDC. The remaining 15 million SILLY tokens are valued at approximately $1.35 million. This showcases the high-risk, high-reward nature of trading memecoins, which are known for their volatility and potential for rapid price changes.

Portfolio Pulse from Murtuza Merchant

December 21, 2023 | 5:43 pm

LUNA

Luna Innovations Inc (NASDAQ:LUNA) has received a $50 million strategic investment from White Hat Capital Partners. The funds will be used to partially finance the acquisition of Silixa for $21.5 million in cash and up to $16.5 million in earnouts based on 2024 performance. Silixa is expected to generate $30 million in revenue in 2023. Remaining funds will repay a $17 million term loan and support growth initiatives, including fiber optic sensing solutions. As of September 30, 2023, LUNA had $6.028 million in cash and equivalents. LUNA's stock price rose 4.41% to $6.80.

Portfolio Pulse from Lekha Gupta

December 21, 2023 | 5:40 pm

CCG

CNFRZ

CRD

FAF

FANH

FIHL

GOCO

HIPO

JRVR

MRAI

OXBR

In Thursday's intraday session, insurance stocks saw movement with Crawford, Fidelis Insurance Hldgs, Hippo Holdings, Cheche Group, and Marpai recording gains, while Oxbridge Re Holdings, Conifer Holdings, GoHealth, James River Gr Hldgs, First American Financial, and Fanhua experienced losses. The changes in stock prices were accompanied by trading volumes that were in line with their respective 100-day average volumes.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:40 pm