Strategic Asset Leasing Stock (OTC: LEAS)

Latest News for Strategic Asset Leasing Stock (OTC:LEAS)

Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.

STRATEGIC ASSET LEASING by Strategic Asset Leasing Inc.

Strategic Asset Leasing Inc

Wedbush analyst David Nierengarten reiterates Blueprint Medicines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>) with a Outperform and maintains $110 price target.

News

Price Target

Reiteration

Analyst Ratings

BPMC

Wedbush Reiterates Outperform on Blueprint Medicines, Maintains $110 Price Target

Piper Sandler analyst Clarke Jeffries maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Overweight and raises the price target from $520 to $529.

Piper Sandler Maintains Overweight on Tyler Technologies, Raises Price Target to $529

WIIM

Edwards Lifesciences shares are trading lower after the company reported Q1 financial results and issued guidance.

Since 2021, Dogecoin (DOGE) has consistently been one of the largest cryptocurrencies in the market. The token has attracted tens of billions in investment and is up more than 27,000% since its launch.&nbsp;
While the price has fallen considerably since highs, the token has held its own and performed well in 2024. Some do not see the growth stopping anytime soon. According to some analysts, DOGE could reach — and even surpass — the $100 mark.
Don't Miss:
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<li>Dogecoin millionaires are increasing —<a href="https://www.benzinga.com/money/dogecoin-millionaires-adv"> investors with $1M+ in DOGE revealed!</a></li>
<li>Bitcoin has jumped another 45% already this year &#8211;<a href="https://www.benzinga.com/money/kraken"> how much would you need to get started today?</a></li>
</ul>
The analysis, posted on <a href="https://www.tradingview.com/chart/DOGEUSD/DiRXML0c-Dogecoin-just-getting-started/">TradingView</a>, is titled "Dogecoin is just getting started" and shows complex charting patterns that could lead to a $100 DOGE. Specifically, the chart uses the Bitcoin halvings as a marker for the beginning of a repeating trend in which DOGE runs up in price after the halving, reaches new highs around 12 to 18 months after and then falls exponentially before gapping up at the start of the next halving to create new highs.&nbsp;
Based on this pattern and applying it to the current cycle and price level, the analysis shows that the target price is $27 for the next all-time high (ATH). The pattern then shows that DOGE could reach $27 by October, before falling as low as $2.60 in 2025.&nbsp;
The next halving is expected to occur in the first half of 2028. This could mark another period of price increases in which DOGE could reach new highs of over $100.&nbsp;
Trending: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,<a href="https://www.benzinga.com/money/etoro-doge"> here&#8217;s how much you&#8217;d have today</a>.
According to the analysis, however, this cycle could be different.
"Possibly more volatility. Markets are moving faster and the four-year cycle might get shorter and shorter as the gains come faster then long bear markets ensue again. Possible top this October 2024 for dogecoin and later for other alts," the TradingView analyst stated.
The analyst also believes that other events would have to occur for DOGE to reach $100.
"If hyperbitcoinization happens due to dollar index breaking down and starting a decade-long downward trend then DOGE will go even higher than $27, possibly to $100 and beyond."
The prediction of a $100 DOGE relies on "hyperbitcoinization," a scenario in which Bitcoin surpasses traditional money. While that is unlikely to happen by 2028, it could happen well into the future. With this in mind, a $100 DOGE is a possibility, though perhaps not on the timeline indicated by the analyst.
However, it is still interesting to think about what a $100 DOGE would look like. At that price, 10,000 DOGE would be worth $1 million. Currently, 10,000 DOGE is worth around $1,500. This means that a $100 DOGE would result in a price increase of over 66,000%. While this is not unheard of in the crypto space, it would also result in a market cap of over $14 trillion — roughly 25 times the size of JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>). While it is unlikely that this will happen, it is not impossible. 
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<li>About 22% of the adult population in the U.S. own a share of Bitcoin,<a href="https://www.benzinga.com/money/kraken"> how much would $10 get you today</a>?</li>
<li>The<a href="https://www.benzinga.com/money/kraken-2"> last-standing top crypto exchange without a major security breach</a> offers what now?</li>
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Holding 10,000 Dogecoin Could Make You A Millionaire, Predicts Crypto Analyst

Phillips 66&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>)&nbsp;shares are trading lower after it reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38455690/phillips-66-reports-1q-2024-financial-results-highlights-strategic-priorities-progress" rel="noreferrer noopener">first-quarter FY24 results</a>.
Revenue of $36.436 billion exceeded the consensus of $33.075 billion.&nbsp;Adjusted EPS of $1.90 missed&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of $2.17</a>.
Midstream segment adjusted pre-tax income stood at $613 million, vs. $754 million in the fourth quarter of fiscal 2023.
The Chemicals segment adjusted pre-tax income&nbsp;stood at&nbsp;$205 million vs. $106 million in the prior quarter. Global olefins and polyolefins utilization was at 96% for the quarter.
The Refining segment adjusted pre-tax income&nbsp;stood&nbsp;at $228 million (vs. $797 million prior quarter)&nbsp;and&nbsp;Marketing&nbsp;and Specialties segment adjusted pre-tax income declined to $345 million from $432 million&nbsp;prior&nbsp;quarter.
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38452288/phillips-66-gears-up-for-q1-print-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-c" rel="noreferrer noopener">Phillips 66 Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>
Phillips 66's operating cash flow stood at $1.2 billion in the quarter, excluding working capital impacts of $1.4 billion, mainly due to inventory builds.&nbsp;
As of March-end, the company had cash and cash equivalents of $1.6 billion&nbsp;and committed capacity available under its credit facility worth $3.5 billion.&nbsp;
During the quarter, Phillips 66 funded $1.2 billion&nbsp;in&nbsp;share repurchases, $448 million in dividends, and&nbsp;$628 million&nbsp;in&nbsp;capital expenditures and investments.
Phillips 66 continued to project shareholder distributions of $13 billion to&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36870959/petroleum-refineries-major-phillips-66-shares-are-up-today-details" rel="noreferrer noopener">$15 billion by 2024.</a>
Phillips 66 achieved $1.2 billion in run-rate cost and capital reductions as of March 31, with a&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$1.4 billion target for 2024</a>.
Investors can gain exposure to the stock via&nbsp;IShares U.S. Oil &amp; Gas Exploration &amp; Production ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/IEO#BATS">IEO</a>) and&nbsp;VanEck Oil Refiners ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRAK#NYSE">CRAK</a>).
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/03/37953212/phillips-66-explores-sale-of-rockies-express-pipeline-stake-worth-over-1b-report" rel="noreferrer noopener">Phillips 66 Explores Sale Of Rockies Express Pipeline Stake Worth Over $1B:&nbsp;Report</a>
Price Action: PSX shares are down 3.7% at $151.40 at the last check Friday.
Photo via Shutterstock

Earnings

Equities

Large Cap

Guidance

Movers

CRAK

iShares Dow Jones US Oil & Gas Exploration & Production Index Fund

Why Petroleum Refineries Major Phillips 66 Shares Are Falling Today

Barclays analyst Jeremy Campbell maintains Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>) with a Overweight and raises the price target from $118 to $122.

Barclays Maintains Overweight on Tradeweb Markets, Raises Price Target to $122

Piper Sandler analyst Paul Newsome maintains Willis Towers Watson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>) with a Overweight and raises the price target from $297 to $303.

Piper Sandler Maintains Overweight on Willis Towers Watson, Raises Price Target to $303

Piper Sandler analyst Rob Owens maintains Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) with a Neutral and lowers the price target from $225 to $200.

TEAM

Piper Sandler Maintains Neutral on Atlassian, Lowers Price Target to $200

Barclays analyst Seth Sigman maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Equal-Weight and raises the price target from $234 to $240.

TSCO

Barclays Maintains Equal-Weight on Tractor Supply, Raises Price Target to $240

Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) has outperformed the market over the past 15 years by 4.15% on an annualized basis producing an average annual return of 16.33%. Currently, Steel Dynamics has a market capitalization of $21.01 billion. 
Buying $100 In STLD: If an investor had bought $100 of STLD stock 15 years ago, it would be worth $1,039.48 today based on a price of $133.03 for STLD at the time of writing.
<h3>Steel Dynamics's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714141819_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.

Trading Ideas

STLD

$100 Invested In Steel Dynamics 15 Years Ago Would Be Worth This Much Today

Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) has outperformed the market over the past 10 years by 8.67% on an annualized basis producing an average annual return of 19.12%. Currently, Novo Nordisk has a market capitalization of $565.70 billion. 
Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 10 years ago, it would be worth $5,586.46 today based on a price of $126.80 for NVO at the time of writing.
<h3>Novo Nordisk's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714141814_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 Novo Nordisk Stock In The Last 10 Years

Glen Burnie Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBZ#NASDAQ">GLBZ</a>) reported $2.80 million in sales this quarter. This is a 18.17 percent decrease over sales of $3.42 million the same period last year.

GLBZ

Glen Burnie Bancorp Q1 EPS $0.00 Down From $0.15 YoY; Sales $2.80M Down From $3.42M YoY

Piper Sandler analyst Nathan Race reiterates Bridgewater Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWB#NASDAQ">BWB</a>) with a Overweight and lowers the price target from $14.5 to $14.

Piper Sandler Reiterates Overweight on Bridgewater Bancshares, Lowers Price Target to $14

Barclays analyst Brandon Oglenski maintains Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) with a Equal-Weight and lowers the price target from $30 to $26.

Barclays Maintains Equal-Weight on Southwest Airlines, Lowers Price Target to $26

Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&amp;D at IBM Canada's Bromont plant

Contracts

IBM, Government Of Canada, Government Of Quebec Sign Agreements To Strengthen Canada's Semiconductor Industry; Up To C$187M To Be Invested

Macro Economic Events

Economics

SPDR Dow Jones Industrial Average ETF Trust

QQQM

Major indexes are higher following strong earnings from Alphabet and Microsoft.

Piper Sandler analyst Thomas Champion reiterates Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Overweight and raises the price target from $160 to $200.

GOOG

GOOGL

Piper Sandler Reiterates Overweight on Alphabet, Raises Price Target to $200

Roper Technologies Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) reported&nbsp;fiscal first-quarter 2024 revenue growth of 14% year-on-year to $1.68 billion, beating the analyst consensus&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38455590/roper-technologies-announces-first-quarter-financial-results" rel="noreferrer noopener">estimate of $1.65 billion</a>. Adjusted EPS of $4.41&nbsp;beat the analyst&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus estimate of $4.34</a>.
Gross profit increased to $1.18 billion from $1.02 billion a year ago. Operating income increased to $483.9 million from $360.1 million the prior quarter.
Adjusted EBITDA rose 16%&nbsp;year over year&nbsp;to $676 million, and margin expanded by 60 basis points to 40.2%.
Operating cash flow for the quarter totaled $531 million, up by 14% Y/Y.
The company held $198.4 million in cash and equivalents as of March 31, 2024.
Neil Hunn, Roper Technologies&#8217; President and&nbsp;CEO&nbsp;said, &#8220;We completed our acquisition of Procare during the first quarter and remain excited about the value creation opportunity this represents for Roper.&#8221; &#8220;We are increasing our&nbsp;full year&nbsp;2024 outlook, supported by our strong first quarter results, continued customer demand for our businesses&#8217; mission critical solutions, and the ongoing expansion of our recurring revenue base.
Outlook:&nbsp;<a target="_blank" href="https://investors.ropertech.com/investors/webcasts-presentations/default.aspx" rel="noreferrer noopener">Roper expects FY24</a>&nbsp;revenue growth of ~12% (prior 11% &#8211; 12%) vs. consensus of $6.89 billion and adjusted EPS of $18.05 &#8211; $18.25 (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36869450/why-software-technology-company-roper-shares-are-down-today" rel="noreferrer noopener">prior $17.85 &#8211; $18.15</a>) vs. $18.12 estimate.
&nbsp;Roper expects adjusted EPS of $4.42 &#8211; $4.46 for its second quarter, compared to the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">Street view of $4.49</a>.
Roper Technologies stock gained over 25% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Invesco Water Resources ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHO#NASDAQ">PHO</a>) and&nbsp;First Trust Water ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIW#NYSE">FIW</a>).
<h2 class="wp-block-heading">Is Roper Tech A Good Stock To Buy?</h2>
Wall Street analysts view Roper Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) on the whole as a Outperform, given the history of coverage over the past three months. Christopher Glynn from Oppenheimer in Roper Techs is the most optimistic, expecting a 12.07% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, Roper Techs fell 2.79%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 14.35% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href='https://www.benzinga.com/analyst-stock-ratings'>here</a>, while real time updates on the latest analyst actions will be delivered via <a href='https://pro.benzinga.com'>Benzinga PRO</a>. Try it for free.
Price Action: ROP shares closed higher by 0.45% at $540.41 at last check on Thursday.
Image: Shutterstock/ whiteMocca

Tech

PowerShares Exchange Traded Fund Water Resource Portfolio

Software Provider Roper Tech Boosts Annual Outlook Following Q1 Performance: The Details

Piper Sandler analyst Adam Maeder maintains Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) with a Neutral and raises the price target from $85 to $88.

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Latest News for Strategic Asset Leasing Stock (OTC:LEAS)

Wednesday, January 03, 2024