Haier Smart Home (OTC:HSHCY) Stock, Quote.Headers.trade-ideas

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

HAIER SMART HOME U/ADR by HAIER SMART HOME CO LTD.

Haier Smart Home Co Ltd

Music legend Elton John voiced strong opposition to the legalization of cannabis in the U.S., arguing that it is addictive and a gateway to more dangerous substances.
"I maintain that it's addictive. It leads to other drugs," said John, who was recently honored as TIME magazine&#8217;s &#8220;Icon of the Year.&#8221; Reflecting on his own experiences, he added, "When you're stoned — and I've been stoned — you don't think normally. Legalizing marijuana in America and Canada is one of the greatest mistakes of all time."
John, now 34 years sober, shared with TIME the turning point that led him to quit drugs and alcohol for good. While cocaine had been his drug of choice, his decision to change came after the death of a 13-year-old boy, marking a pivotal moment in his life.
<h1 class="wp-block-heading">Life-Changing Funeral Of Young AIDS Victim: Ryan White</h1>
"It all came to a climax, really, at the Ryan White funeral in Indianapolis — a really sad and emotional week — and I came back to the hotel thinking I'm just so out of line," John <a href="https://time.com/7201151/icon-of-the-year-2024-elton-john/">told</a> TIME. "It was a shock to see how far down the scale of humanity I'd fallen."
White was one of the first children to be stricken with AIDS. He was diagnosed at 13 in December 1984 after a blood transfusion and told he had six months to live. He died six years later in April 1990. During those years, Ryan gained national attention and became the face of public education about the disease that had especially devastated the homosexual community.
Shortly after Ryan's death, John checked into Chicago's Parkside Lutheran Hospital in July 1990 and remained sober ever since.
"You make terrible decisions on drugs," John said who stopped his touring in 2023. &#8220;It really upsets me, thinking back on how many people I probably hurt."
John credits White and his family with saving his life.
"I knew that my lifestyle was crazy and out of order. And six months later, I got sober and clean and have been ever since," John <a href="https://www.pbs.org/newshour/arts/elton-john-credits-ryan-whites-family-with-saving-his-life">told</a> PBS in 2022. "I cannot thank them enough, because without them, I'd probably be dead." 
<h1 class="wp-block-heading">Throwing The Baby Out With The Bathwater?</h1>
John, like many who've gone off drugs and alcohol, often contends that it's all or nothing. In the singer&#8217;s case, he said marijuana is a gateway drug, a controversial theory that <a href="https://sites.newpaltz.edu/news/2017/09/latest-benjamin-center-brief-debunks-marijuana-gateway-fallacy/#:~:text=The%20Benjamin%20Center%20for%20Public,harder%20drugs%20is%20a%20myth.">has been debunked</a> in scientific circles.
"It's tough to tell someone that they're being an a—hole, and it's tough to hear," he says, saying that when it came to getting sober, "Eventually I made the choice to admit that I'm being an a—hole."&nbsp;
Photo: Courtesy of Shutterstock.

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Elton John, TIME's 'Icon Of The Year,' Says Legalizing Cannabis 'Is Greatest Mistake Of All Time'

The market eagerly awaits Donald Trump&#8216;s first day in office as U.S. president, as his new tariffs could have a cascading effect on domestic industries as much as foreign nations.
A proposed 25% tariff on Canadian imports poses a considerable risk to the American Midwest, a region heavily reliant on <a href="https://www.benzinga.com/topic/canada">Canadian oil imports</a>.
Despite being the world&#8217;s largest oil producer, the U.S. depends on Canada for more than four million barrels of oil daily, much of which goes through Midwest refineries configured for heavier Canadian crude.
This type of oil is closer to heavy oil produced by heavily sanctioned countries like Venezuela or Russia and is different from lighter U.S. shale oil. BP's Whiting refinery in Indiana, which employs 1,800 people, has processed more than 57% of its 450,000 barrels per day capacity from Canadian sources.
"We import a lot of energy from Canada. Taxing that would raise costs and not help American jobs," former Commerce Secretary Wilbur Ross said <a href="https://www.youtube.com/watch?v=48FNiTdqZX0">for</a> CBC News. If tariffs go through, gasoline prices in the Midwest could jump as much as 10%, oil analyst Patrick De Haan estimated <a href="https://www.reuters.com/markets/commodities/trumps-proposed-tariffs-canada-would-drive-up-pump-prices-analysts-warn-2024-11-27/">per</a> Reuters.
The American Fuel and Petrochemical Manufacturers (AFPM) group <a href="https://www.afpm.org/newsroom/news/afpm-statement-potential-north-american-tariffs">cautioned against tariffs</a>, stating they could inflate costs, reduce accessible supplies and provoke retaliatory trade measures, further disrupting U.S. energy markets. Even refineries along the West Coast, better equipped for other crude types, would struggle to replace Canadian oil.
While tariffs would hurt both sides, Canada has been fortifying its position by strengthening its logistical chain. Trans Mountain pipeline expansion, in operation since May, has tripled its capacity to almost 900,000 barrels per day. With a strengthened capacity of up to 630,000 barrels per day reaching the coast of British Columbia, Canada is shielding itself from potential impact.
Thus, investors looking for opportunities in the Canadian oil sector might put the following companies on the watchlist.
Tourmaline Oil Corp (OTCPK: TRMLF) is the leading Canadian natural gas producer, with a notable crude oil production of over half a million barrels daily. While tariffs threaten natural gas exports, there are seven liquefied natural gas (LNG) and one infrastructure project in development in Canada. 
Tourmaline has healthy growth forecasts of 25.5%, boasts a good 34.75% margin, and trades at a reasonable 14.8x P/E ratio. The firm has a low debt-to-equity ratio of 10% and a notable 6.3% dividend.
Hemisphere Energy Corp (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/HMENF#OTCQX">HMENF</a>) is a junior petroleum and natural gas company in southeast Alberta specializing in conventional oil extraction. It has no debt, trades at a minuscule P/E ratio of 6x, and boasts a net profit margin of almost 38%. It pays an outstanding 8.6% dividend, but with a mere $127 million market cap, it is a rather speculative opportunity.
ETF investors can check the Global X Pipelines &amp; Energy Services Index (PPLN), which trades on the Toronto Stock Exchange.
Read Next: • <a href="https://www.benzinga.com/general/market-summary/24/12/42372053/europe-says-thanks-but-well-do-it-ourselves-canada-leads-in-raw-cannabis-exports-not-oil">Europe Says Thanks But We&#8217;ll Do It Ourselves &#8211; Canada Leads In Raw Cannabis Exports, Not Oil</a>
Photo: Shutterstock

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HEMISPHERE ENERGY CORP by Hemisphere Energy Corp.

HMENF

TRMLF

Canadian Oil Sector Hedges Trump Tariff Risk, US Midwest Refineries Could Be Affected

Houlihan Lokey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLI#NYSE">HLI</a>) has outperformed the market over the past 5 years by 16.11% on an annualized basis producing an average annual return of 29.82%. Currently, Houlihan Lokey has a market capitalization of $12.54 billion. 
Buying $100 In HLI: If an investor had bought $100 of HLI stock 5 years ago, it would be worth $372.07 today based on a price of $178.78 for HLI at the time of writing.
<h3>Houlihan Lokey's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733960718_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Houlihan Lokey Stock In The Last 5 Years

Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) has outperformed the market over the past 15 years by 11.7% on an annualized basis producing an average annual return of 23.75%. Currently, Synopsys has a market capitalization of $78.66 billion. 
Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 15 years ago, it would be worth $2,478.51 today based on a price of $512.06 for SNPS at the time of writing.
<h3>Synopsys's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733959818_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SNPS

Here's How Much $100 Invested In Synopsys 15 Years Ago Would Be Worth Today

Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) has outperformed the market over the past 10 years by 19.27% on an annualized basis producing an average annual return of 31.14%. Currently, Fabrinet has a market capitalization of $8.71 billion. 
Buying $1000 In FN: If an investor had bought $1000 of FN stock 10 years ago, it would be worth $15,243.02 today based on a price of $240.23 for FN at the time of writing.
<h3>Fabrinet's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733958910_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Fabrinet 10 Years Ago Would Be Worth Today

Pharmacy-benefit managers (PBMs) have been scrutinized for their role in drug distribution for years. Now a bipartisan group of lawmakers is threatening to break up the companies behind these <a href="https://www.benzinga.com/general/health-care/24/11/42097386/cvs-healthcignaunitedhealths-pharmacy-benefit-managers-accuse-ftc-of-overreach-in-effort-to-reshape-drug-rebate-system">so-called drug middlemen</a>.
What To Know: According to a Wall Street Journal <a href="https://www.wsj.com/politics/policy/warren-hawley-health-insurers-pbm-bill-c8cdeb85?mod=latest_headlines">report</a>, Sen. Elizabeth Warren (D.-Mass.) and Sen. Josh Hawley (R.-Mo.) have sponsored a Senate bill that would require the companies that own health insurance units or PBMs to divest those businesses over the next three years.
A companion bill was also reportedly introduced in the House on Wednesday. 
The legislation could cut off a significant source of revenue for these companies and bring an end to ongoing frustration for patients.
"PBMs have manipulated the market to enrich themselves — hiking up drug costs, cheating employers, and driving small pharmacies out of business," Warren said.
Hawley added that the legislation will stop health care companies from charging &#8220;more and more for less.&#8221;
CVS Health Corp&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) Caremark, Cigna Group&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) Express Scripts and UnitedHealth Group Inc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) OptumRx are the three largest PBMs. Shares of these companies turned lower Wednesday when news of the bills surfaced.
"Any policies that would limit our ability to negotiate with drugmakers and pharmacies would ultimately increase the cost of medicine in the United States, and in many cases, serve as a handout to the pharmaceutical industry," a&nbsp;CVS Health&nbsp;spokesperson reportedly said.
See Also: <a href="https://www.benzinga.com/news/earnings/24/12/42449013/adobe-q4-earnings-revenue-eps-beat-on-strong-demand-related-to-ai-shares-slide-following-soft-guidance">Adobe Q4 Earnings: Revenue, EPS Beat On Strong Demand Related To AI, Shares Slide Following Soft Guidance</a>
The report indicates the bills are not likely to gain traction in Congress until next year, but supporters are attempting to lay the groundwork for potential passage in 2025.
The role of PBMs in the healthcare industry has been <a href="https://www.benzinga.com/24/12/42365853/unitedhealthcare-faces-tough-questions-following-insurance-business-ceos-tragic-death">challenged by several dissatisfied patients</a> across social platforms following the murder&nbsp;of&nbsp;UnitedHealthcare&nbsp;CEO&nbsp;Brian Thompson. Luigi Mangione <a href="https://www.benzinga.com/news/legal/24/12/42423214/luigi-mangione-fights-extradition-to-new-york-on-murder-charge-shouts-at-press-outside-courthouse">has been charged</a> with killing Thompson. 
CVS, CI, UNH Price Action: CVS shares closed Wednesday down 6.15% at $51.76, Cigna Group closed the session down 5.57% at $294.03 and UnitedHealth closed down 5.60% at $533.53, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Health Care

Movers

Bipartisan Lawmakers Aim To Break Up Health Care Giants With New Legislation

Macy's Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) revealed the findings of its investigation into a significant accounting mishap that impacted its financial reporting <a href="https://www.benzinga.com/quote/M/news">over several years.</a>
The inquiry determined that a single employee's repeated errors and subsequent coverup led to $151 million in falsely recorded expenses, The Wall Street Journal <a href="https://www.wsj.com/business/retail/macys-m-q3-earnings-report-2024-c7363662">reports</a>.
What Happened: The discrepancies, which stemmed from understated small package delivery expenses starting in late 2021, were perpetuated by intentional erroneous entries and falsified documentation. This manipulation concealed the true costs until its discovery in the fall of 2024. 
While Macy's terminated the employee responsible, the company stated the individual did not gain financially from the misconduct, WSJ reports.
Also Read: <a href="https://www.benzinga.com/24/12/42447332/alphabets-quantum-willow-chip-wows-analyst-google-at-the-leading-edge-of-technology-innovation">Alphabet&#8217;s Quantum Willow Chip Wows Analyst: Google At The &#8216;Leading Edge Of Technology Innovation&#8217;</a>
Why It Matters: The timing of the investigation and its fallout couldn't be more critical, given the holiday shopping season's importance to retail. With net sales declining by 2.4% to $4.7 billion for the recent quarter, the company is striving to rebuild investor trust and refocus on operational improvements.
On Wednesday, the company announced adjusted earnings per share for the third quarter that still managed to beat expectations despite the scandal, coming in at $0.04 versus a consensus of $0.03. Macy's highlighted sales strength at its first 50 locations, Bloomingdale's and Bluemercury, partially <a href="https://www.benzinga.com/news/earnings/24/12/42436387/macys-lowers-annual-profit-forecast-amid-accounting-misstep-stock-tumbles">offsetting broader declines. </a>
According to The Journal, CEO&nbsp;Tony Spring&nbsp;emphasized the need to "strengthen existing controls" to prevent future errors of this magnitude.
Macy's also announced plans to close 65 stores this year, surpassing its initial estimate of 55, and raised $66 million through asset sales during the quarter. Despite these measures, activist investors continue to pressure the retailer to unlock more value, including considering a real estate spinoff.
Read Next:
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<li><a href="https://www.benzinga.com/news/large-cap/24/12/42447567/magnificent-seven-tech-titans-hit-182-trillion-market-cap-alphabet-amazon-apple-meta-tesla-jointly-notch-all-time-highs">Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs</a></li>
</ul>
Photo: Shutterstock

Macy's Employee Hid $151 Million In Costs Over Several Years

Earnings

17 Education & Technology Q3 Adjusted Earnings Per ADS $(0.16) Up From $(0.85) YoY, Sales $8.50M Up From $6.18M YoY

President-elect Donald Trump is expected to be named the TIME Person of the Year, according to a new report. The official announcement will happen Thursday morning and could coincide with his first time ringing the opening bell at the<a href="https://www.benzinga.com/politics/24/12/42445514/trump-to-open-nyse-thursday-as-markets-surge"> New York Stock Exchange.</a>
What Happened: TIME recently released a short list of finalists for the 2024 TIME Person of the Year, which included both Trump and his <a href="https://www.benzinga.com/general/social-media/24/11/41784933/donald-trumps-wealth-soars-with-2024-election-win-heres-how-much-president-elect-is-worth-ho">2024 presidential election opponent</a> Vice President Kamala Harris.
Trump has emerged as the winner, as <a href="https://www.politico.com/news/2024/12/11/time-trump-person-of-the-year-000498">reported </a>by Politico. The award would mark the second for Trump, who also won the award back in 2016. Trump would become the first president to win the award since Joe Biden, who shared it with Harris in 2020.
Trump's win would also mark the first two-time win by a president since Barack Obama, who won the award in 2008 and 2012. A total of 14 U.S. presidents have won the award, which was first handed out in 1927.
Musician Taylor Swift <a href="https://www.benzinga.com/general/entertainment/23/12/36118811/did-sam-altman-get-robbed-taylor-swift-wins-time-person-of-the-year-over-openai-founder">won the award last year </a>beating out a short list of finalists that included OpenAI CEO Sam Altman. TIME CEO Jessica Sibley rang the NYSE opening bell last year to mark the cover reveal. The timing of Trump's ringing of the bell and the award being officially announced by TIME on Thursday have now been linked by Politico.
The <a href="https://time.com/7200122/person-of-the-year-2024-shortlist/">short list </a>for this year's Person of the Year award included Trump, Harris, Kate Middleton, Elon Musk and Benjamin Netanyahu. Prior to narrowing the field to five finalists, Jerome Powell, Yulia Navalnaya, Joe Rogan, Claudia Sheinbaum and Mark Zuckerberg were also under consideration.
TIME has also been handing out additional awards in recent years. Caitlin Clark was named the Athlete of the Year by the media outlet. Elton John was named this year's Icon of the Year and Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) Lisa Su was named CEO of the Year.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent121124">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
 Why It's Important: The TIME Person of the Year has named politicians, world leaders, celebrities and CEOs winners of the annual award. The award is not always given to a good person, but instead to the person who had the biggest affect on the things that happened in the past year.
Past wins by Adolf Hitler and Joseph Stalin have often been used to show the lack of importance of the award.
Trump has been critical of the award in the past and upset that he did not receive it on several occasions.
In 2013, Trump said the annual award was "a joke and stunt of a magazine that, like Newsweek, soon be dead."
Later in 2015 when he was a finalist on the list, Trump was critical for not making the cover over then-German Chancellor Angela Merkel.
"It means a lot, especially me growing up reading Time magazine. And you know, it's a very important magazine," Trump said at the time.
Coincidentally, the Trump prosecutors were among the finalists for last year's award, along with Altman, Swift, Vladimir Putin, Barbie, the Hollywood strikers, Xi Jinping, Powell and King Charles III.
Trump was the betting favorite on prediction sites like <a href="https://kalshi.com/markets/kxtime/times-person-of-the-year">Kalshi </a>and <a href="https://polymarket.com/event/time-2024-person-of-the-year?tid=1733870773380">Polymarket </a>with odds of around 80% prior to the Wednesday report that he was the winner of the award. Trump's odds stand at 99% on Kalshi and 98% on Polymarket at the time of writing.
Some may be upset that Musk, the CEO of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), didn't win this year's award with the surge in Tesla's stock price and his soaring wealth thanks to other ventures like xAI and SpaceX.
Musk <a href="https://www.benzinga.com/markets/cryptocurrency/21/12/24568117/elon-musk-named-times-2021-person-of-the-year">won the award </a>in 2021. The billionaire and his supporters will likely be pleased that the presidential candidate he endorsed in the 2024 election won the award, if it had to go to someone else.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/management/24/12/42444955/elon-musk-first-person-worth-400-billion-as-tesla-stock-hits-new-all-time-highs-how-2024-election-helped-could-lead-to-future-gains">Elon Musk First Person Worth $400 Billion As Tesla Stock Hits New All-Time Highs: How 2024 Election Helped, Could Lead To Future Gains</a></li>
</ul>
Photo: Shutterstock

Media

TSLA

Donald Trump To Be Named TIME Person Of The Year, Beating Out Harris, Musk, Middleton, Netanyahu: Report

United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) has outperformed the market over the past 20 years by 12.39% on an annualized basis producing an average annual return of 20.86%. Currently, United Rentals has a market capitalization of $52.30 billion. 
Buying $1000 In URI: If an investor had bought $1000 of URI stock 20 years ago, it would be worth $44,031.49 today based on a price of $796.97 for URI at the time of writing.
<h3>United Rentals's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733957108_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Mastercard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) has outperformed the market over the past 15 years by 10.67% on an annualized basis producing an average annual return of 22.72%. Currently, Mastercard has a market capitalization of $490.53 billion. 
Buying $1000 In MA: If an investor had bought $1000 of MA stock 15 years ago, it would be worth $21,690.34 today based on a price of $534.45 for MA at the time of writing.
<h3>Mastercard's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733956218_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

The U.S. airline industry is gearing up for a blockbuster year in 2025, Morgan Stanley analysts say, predicting airline companies on the brink of what could be a &#8220;perfect storm of tailwinds that essentially propels the <a href="https://www.benzinga.com/topic/airlines">industry to make money.&#8221;</a>
Equity analyst Ravi Shanker reiterated a bullish stance on the airlines industry in a Wednesday note. 
The U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) has rallied 36% year-to-date, outperforming by about 9 percentage points the broader stock market as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>). 
<h3 class="wp-block-heading">Premium Carriers Poised For Another Stellar Year </h3>
&#8220;We expect demand to remain resilient with volume growth,&#8221; Shanker said. Legacy carriers like United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) are reaping the rewards of what analysts call "the premiumization trend,&#8221; he added.
According to Morgan Stanley, these carriers benefit not just from ticket sales but from steady ancillary revenue streams, including loyalty programs, credit cards, and brand partnerships.
In 2024, UAL's stock soared over 150%, leading Morgan Stanley to raise its price target from $88 to $130. However, the extraordinary run places a high bar for further gains. 
Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) climbed to Morgan Stanley's top pick for 2025, with an upgraded price target of $90 on the back of "upsized synergy targets at their recent Investor Day."
<h3 class="wp-block-heading">Domestic Airlines Eye A Comeback</h3>
While premium carriers dominated in 2024, several domestic-focused airlines are staging a resurgence. Low-cost and ultra-low-cost carriers, including JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), faced a tough year marked by operational challenges and restructuring efforts.
"The other big shift in 2024 was several domestic carriers fundamentally changing their business models to fly less, fly differently, bundle fares, and move upmarket," Morgan Stanley highlighted. 
As these carriers stabilize operations, easier year-over-year comparisons position them for a strong recovery. 
Morgan Stanley resumed coverage of JBLU at &#8216;Equalweight&#8217; with a 12-month price target of $8. 
&#8220;We like the elements of the JetForward plan but note that the turnaround is likely to be slower with more elements outside of management&#8217;s control than other Domestic peers,&#8221; Shanker wrote.
<h3 class="wp-block-heading">Industry Metrics Flash Green For 2025</h3>
Morgan Stanley expects 2025 to mark the first sustained period where revenue per available seat mile (RASM) exceeds cost per available seat mile (CASM). 
This dynamic is expected to boost margins across the board, a stark reversal from earlier pandemic years. 
Analysts project mid-single-digit (MSD) volume growth for the industry, supported by constrained capacity growth at low-single-digit (LSD) levels​.
Fueling optimism is a favorable jet fuel environment. Prices are forecast to hover in the low $2 per gallon range through 2026, providing airlines with critical cost stability. "
This is the sweet spot of the industry where pricing can drop through to the bottom line while offering an added incentive for capacity to remain rational," Morgan Stanley wrote in the note​.
<h3 class="wp-block-heading">Investor Sentiment: Opportunities And Risks</h3>
Despite 2024's strong performance, airline valuations remain compelling. Analysts note that stocks like ALK, AAL, and DAL trade below historical earnings multiples, offering attractive upside potential. 
Yet, risks loom, including macroeconomic headwinds and the possibility of a slowdown in consumer spending in the second half of 2025.
Morgan Stanley also flagged the return of institutional investors as a positive catalyst. "The potential return of large, sticky capital bases for the first time in 10 years could set another leg or three in the stocks' run in 2025," Shanker said​.
Now Read: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42444498/bank-of-america-raises-bullish-outlook-on-us-brokers-exchanges-alternative-investments-3-top-picks-for-2025">Bank Of America Raises Bullish Outlook On US Brokers, Exchanges, Alternative Investments: 3 Top Picks For 2025</a></li>
</ul>
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US Airlines Set To Fly High In 2025, Analyst Says: 'Perfect Storm Of Tailwinds' Will Propel Industry Gains

Management

Valley National Bancorp Says Thomas Iadanza Has Notified His Intention To Retire From His Position As President Effective June 30, 2025

Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) has outperformed the market over the past 20 years by 4.43% on an annualized basis producing an average annual return of 12.9%. Currently, Ross Stores has a market capitalization of $51.31 billion. 
Buying $100 In ROST: If an investor had bought $100 of ROST stock 20 years ago, it would be worth $1,120.06 today based on a price of $153.83 for ROST at the time of writing.
<h3>Ross Stores's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733955307_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ROST

$100 Invested In Ross Stores 20 Years Ago Would Be Worth This Much Today

On December 9, 2024, Telomir entered into a Stock Purchase Agreement with a certain accredited investor, pursuant to which the Company issued 142,857 shares of common stock at a price of $7 per share for a total of $1 million, a 20% premium to the closing price of the Company's common stock on the date of the transaction.&nbsp;
The transaction did not involve the issuance of any warrants. This transaction follows a $5 million non-dilutive line of credit extended to the Company earlier this year by the same accredited investor, which remains undrawn to date.

Offerings

TELO

Telomir Pharmaceuticals Raises $1M At $7 Per Share In No-warrant, Restricted Common Stock Deal - Filing

Chewy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) shares are moving lower in Wednesday&#8217;s after-hours session after the company announced a public offering by a selling stockholder and a <a href="https://www.benzinga.com/pressreleases/24/12/b42448132/chewy-inc-announces-public-offering-of-class-a-common-stock-by-selling-stockholder-and-concurrent-">concurrent share repurchase</a>.
What Happened: After the market close on Wednesday, Chewy announced an underwritten public offering of&nbsp;$500 million&nbsp;of its common stock, being sold by Buddy Chester Sub LLC, an entity affiliated with funds advised by Chewy&#8217;s largest shareholder&nbsp;BC Partners Advisors.
The selling stockholder plans to grant the underwriters a 30-day option to purchase up to an additional $75 million of Chewy common stock. Chewy will not be selling any shares in the offering, and will not receive any proceeds. 
In connection with the offering, Chewy agreed to purchase $50 million of its common stock at the same price paid by the underwriters in the offering. The repurchased shares will be retired upon completion. The concurrent repurchase was approved by a special committee of Chewy&#8217;s board.
Check This Out: <a href="https://www.benzinga.com/news/large-cap/24/12/42447567/magnificent-seven-tech-titans-hit-182-trillion-market-cap-alphabet-amazon-apple-meta-tesla-jointly-notch-all-time-highs">Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs</a>
Chewy shares are up approximately 37% year-to-date. The rally in the pet retailer&#8217;s stock accelerated over the summer after meme stock trader&nbsp;Keith Gill,&nbsp;also known as&nbsp;&#8220;Roaring Kitty,&#8221;&nbsp;announced a stake in the company. 
Gill <a href="https://www.benzinga.com/news/24/10/41614177/roaring-kitty-puts-chewy-stock-in-the-litter-box-gamestop-shares-move-higher-after-hours">sold his entire stake</a> in Chewy a few months later. Chewy shares fell on the news, but the selloff was short-lived. Chewy had been Gill's only other publicly known investment outside of GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), which has seen increased attention in recent months.
GameStop and several other meme stocks popped last week after Gill <a href="https://www.benzinga.com/general/social-media/24/12/42349100/gamestop-rockets-as-roaring-kitty-returns-to-x-what-does-his-tweet-signal-ahead-of-q3-earnings">posted an image</a> of a TIME magazine cover featuring a blank computer screen and a video player paused at the 1:09 mark of a 4:20-long video. Chewy shares traded lower on the post.
Chewy reported mixed quarterly financials last week, beating on earnings but missing on revenue. The company guided for fourth-quarter revenue of $3.18 billion to $3.2 billion versus estimates of $3.17 billion.
Following the print, Goldman Sachs lifted its <a href="https://www.benzinga.com/analyst-stock-ratings">price target</a> to $40, RBC Capital raised its target to $42 and JPMorgan maintained an Overweight rating and moved its price target up to $38.
CHWY Price Action: Chewy shares were down 2.92% in after-hours, trading at $31.59 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Courtesy of Chewy.

After-Hours Center

CHWY

Chewy Stock Slides As Investors Digest $500M Offering From Largest Shareholder

Net revenues were RMB59.6 million ($8.5 million), compared with net revenues of RMB45.1 million in the third quarter of 2023.
 &nbsp;

17 Education & Technology Q3 Sales $8.5M, Up From Prior Year

The award of this project, expected to generate approximately $100 million in revenue, is from a new customer based in New South Wales, a region that is also new to MacKellar, reflecting our objective of geographic and customer diversification. The project is set to begin in the first quarter of 2025 and completion is scheduled for the second quarter of 2026.&nbsp;

Contracts

NACG Subsidiary MacKellar Secures An Early Works And Development Contract From A Major Copper Producer In The Australian State Of New South Wales

Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) has outperformed the market over the past 15 years by 1.93% on an annualized basis producing an average annual return of 13.99%. Currently, Analog Devices has a market capitalization of $107.47 billion. 
Buying $1000 In ADI: If an investor had bought $1000 of ADI stock 15 years ago, it would be worth $7,074.62 today based on a price of $216.55 for ADI at the time of writing.
<h3>Analog Devices's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733954426_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Analog Devices Stock In The Last 15 Years

Arthur A. Weiss informed the Board that he will retire from the Board on December&nbsp;31, 2024, Stephanie W. Bergeron informed the Board that she will not stand for re-election to the Board at the Company's 2025 Annual Meeting of Shareholders, and Clunet R. Lewis informed the Board that he intends to retire from the Board no later than the Company's 2026 Annual Meeting of Shareholders.&nbsp;
The Company has retained a director search firm to assist in the identification of qualified candidates for the Board.

Sun Communities Reveals Several Upcoming Changes To Its Board As Part Of Its Ongoing Refreshment Strategy

Haier Smart Home Finds Bargain In Commercial Refrigeration Acquisition

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Reuters recently reported that UBS (NYSE:<a href="https://investorplace.com/stock-quotes/ubs-stock-quote/">UBS</a>) intends to <a href="https://www.reuters.com/business/finance/ubs-plans-restart-share-buybacks-logs-q4-loss-2024-02-06/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosmarkets&amp;stream=business">resume share repurchases</a> in 2024, doing as much as $1 billion in buybacks over the next year.&nbsp;



The move is part of the reallocation of cost savings it intends to find from the purchase of Credit Suisse. The integration plan for Credit Suisse includes finding up to $13 billion in cost savings by the end of 2026.&nbsp; &nbsp;



The share repurchases will likely accelerate should its cost savings goals be met over the next three years. This possibility has got me thinking about Chinese stocks and share repurchases. Chinese stocks have been hit more than most in the past year.&nbsp;



One of the best ways to buy China Class A shares is through the iShares MSCI China A ETF (BATS:<a href="https://investorplace.com/stock-quotes/cnya-stock-quote/">CNYA</a>). It tracks the performance of domestic Chinese equities listed on the Shanghai or Shenzhen Stock Exchanges. The ETF currently has <a href="https://www.ishares.com/us/products/273318/ishares-msci-china-a-etf">564 holdings</a>.&nbsp;



Many of its holdings have the cash flow necessary to do buybacks. Here are three that should be stepping up their share repurchases in 2024.&nbsp;



<h2>China Merchants Bank (CIHKY)&nbsp;</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/bank-stocks-300x169.jpg" alt='gold building with "bank" on the front to represent banking stocks'><div>Source: Shutterstock</div></div>


China Merchants Bank (OTCMKTS:<a href="https://investorplace.com/stock-quotes/cihky-stock-quote/">CIHKY</a>) is the third-largest holding in CNYA with a 1.78% weighting. Its shares are down nearly 36% over the past year.



The Chinese bank was founded in 1987. It was the first bank to undertake business outside of the government. Today, it has 1<a href="https://english.cmbchina.com/CmbInfo/About/DetailInfo.aspx?guid=ce1230c5-de69-441a-8861-d520fe3d287c">43 branches</a>, and 1,443 sub-branches, all located in 130 mainland China cities. According to the UK trade publication TheBanker.com, it is 11th on its most recent list of the Top 1000 World Banks.&nbsp;



The bank made the news recently in a bad way. The Chinese government gave Tian Huiyu, its former president, a <a href="https://www.bloomberg.com/news/articles/2024-02-05/china-hands-ex-merchants-bank-president-suspended-death-sentence">suspended death sentence</a> over bribes and insider trading. The official verdict gave the executive a two-year suspension (converted to imprisonment if he&rsquo;s not found guilty of more crimes in that time). He was arrested in Oct. 2022. As part of his arrest, he was kicked out of the Communist Party.&nbsp;



Despite the <a href="https://www.bloomberg.com/news/articles/2023-07-10/goldman-analysts-bearish-china-bank-view-draws-fresh-criticism">negative commentary</a> from Goldman Sachs regarding Merchants Bank&rsquo;s exposure to local government financing vehicles (LGFVs), the bank says that it only had $18.3 billion in loans to LGFVs at the end of 2022, about 13% of Goldman Sachs&rsquo; estimate.&nbsp;



In the nine months ended Sept. 30, 2023, Merchants Bank had <a href="https://s3gw.cmbimg.com/lb50.01-cmbweb-prd/cmbir/20231027/88a6b583-b67b-40d4-b32e-367eafaf57b7.pdf">260.2 billion</a> Chinese yuan ($36.2 billion) in operating profits. While 1.74% lower than the same period a year earlier, it has plenty to buy back its shares.&nbsp;



In January, buybacks of China A shares (<a href="https://www.bloomberg.com/news/articles/2024-02-07/everything-china-is-doing-to-rescue-its-battered-stock-market">$2.5 billion</a>) by Chinese companies were the highest monthly amount in the past three years.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;



<h2>BYD (BYDDF)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/byd-1600-300x169.png" alt="BYD Company Limited logo in front of their website. BYDDY stock."><div>Source: T. Schneider / Shutterstock</div></div>


BYD (OTCMKTS:<a href="https://investorplace.com/stock-quotes/byddf-stock-quote/">BYDDF</a>) is the 10th-largest holding in CNYA with a 0.91% weighting. Its shares are down over 22% in the past year.



BYD became famous because Warren Buffett and Charlie Munger invested <a href="https://fortune.com/2023/02/16/charlie-munger-byd-stake-warren-buffett-berkshire-hathaway-china-tesla/">$230 million</a> in the Chinese automaker in 2008 when electric vehicles weren&rsquo;t even on the radar. It was Munger who pushed for Berkshire Hathaway (NYSE:<a href="https://investorplace.com/stock-quotes/brk.b-stock-quote/">BRK.B</a>), calling its founder, Wang Chuanfu, a cross between &ldquo;Thomas Edison and Jack Welch,&rdquo; Fortune reported.&nbsp;



Although Berkshire began selling down its stake in 2022, it still owns 87.6 million (8% 0f BYD) of the original 225 million shares. The holding company has long since got its initial investment back.&nbsp;&nbsp;



In January, BYD overtook Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) to become the <a href="https://www.cnn.com/2024/01/03/cars/china-byd-explainer-tesla-intl-hnk/index.html">world&rsquo;s largest</a> seller of fully electric vehicles. Although the company doesn&rsquo;t sell any of its passenger vehicles in the U.S. yet, it does sell its electric buses, which are made in California.&nbsp;



Its vertically integrated EV business makes its own lithium iron phosphate batteries for its needs and sells the rest to other car manufacturers.



At the end of January, BYD reported a preliminary 2023 net income of between 29 billion Chinese yuan ($4.03 billion) and 31 billion ($4.31 billion). The result was just shy of the top end of its analyst estimate for the year of <a href="https://www.bloomberg.com/news/articles/2024-01-29/byd-preliminary-net-income-rises-up-to-87-but-misses-estimates">31.5 billion</a> ($4.38 billion).&nbsp;



That&rsquo;s still an impressive profit. As a result of the company&rsquo;s significant profit for the year, BYD announced a share buyback of 200 million Chinese yuan ($27.9 million) in December.&nbsp;&nbsp;



It could easily afford to do 20x the announced amount without losing sleep. I&rsquo;m sure Buffett hopes it does.&nbsp;



<h2>Haier Smart Home (HSHCY)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/smart_home_a_1600-300x169.jpg" alt="A hand holds a smart phone up with a fancy living room behind it."><div>Source: zhu difeng / ShutterStock.com</div></div>


Haier Smart Home&nbsp; (OTCMKTS:<a href="https://investorplace.com/stock-quotes/hshcy-stock-quote/">HSHCY</a>) is the 38th-largest holding in CNYA with a 0.43% weighting. Its shares are down more than 19% in the past year.



Haier is the largest manufacturer of household appliances in the world. It uses smart technology to improve the consumer&rsquo;s home experience. Its brands include Haier, Casarte, Leader and GE Appliances.&nbsp;



In December, the company announced acquiring Carrier Global&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/carr-stock-quote/">CARR</a>) commercial refrigeration business for <a href="https://www.prnewswire.com/news-releases/haier-smart-home-acquires-carriers-commercial-refrigeration-business-for-usd-640-million-302014753.html">$640 million</a>. It paid approximately 11x the business&rsquo;s 2022 earnings.&nbsp;



Carrier&rsquo;s commercial refrigeration business has over 2,000 service technicians operating in 10 countries, including the U.S. The transaction is expected to close in the second half of 2024.&nbsp;



Up until the announcement of this acquisition, Haier didn&rsquo;t have a commercial segment of its business. It does now, which enables it to grow its presence in food retail refrigeration and cold storage.&nbsp;



In the first nine months ended Sept. 30, Haier had an operating cash flow of <a href="https://smart-home.haier.com/en/gpxx/?id=stock_structure&amp;spm=inverstor.31583_pad.irheader_20200506_2.3">13.2 billion</a> Chinese yuan ($1.83 billion), up from 11.3 billion ($1.57 billion) in the same period in 2022. Its free cash flow in the first three quarters was 7.13 billion Chinese yuan ($990 million).&nbsp;



In April 2023, its board approved a share repurchase program of 3.0 billion Chinese yuan ($420 million) over the next 12 months. With an annualized free cash flow of $1.32 billion, it has plenty to make the buys. However, the program put a ceiling of 32 Chinese yuan ($4.45) a share on the buyback.&nbsp;



As of Sept. 30, 2023, it repurchased 40.41 million A shares for 921.83 million Chinese yuan ($128.1 million), or 22.81 Chinese yuan ($3.17) per share.&nbsp;



It&rsquo;s likely to complete the minimum buyback required by the authorization of 1.5 billion Chinese yuan ($210 million) before the April 2024 deadline.&nbsp;&nbsp;&nbsp;&nbsp;



On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/02/3-china-stocks-that-should-start-buybacks-right-now/">3 China Stocks That Should Start Buybacks Right Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 China Stocks That Should Start Buybacks Right Now

Harding Loevner Chinese Equity Q2 2024 Report

Haier Smart Home GAAP EPS of RMB1.12, revenue of RMB135.62B

Harding Loevner Chinese Equity Q3 2024 Report

Harding Loevner International Equity ADR Q3 2024 Report

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Press Releases

Carrier Announces Agreement to Sell Carrier Commercial Refrigeration to Haier

Haier Smart Home Acquires Carrier's Commercial Refrigeration Business for USD 640 million

Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business

Carrier Completes $775M Sale of its Commercial Refrigeration Business to Haier

Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration

Haier Smart Home

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