A M E R I C A’ S T O P 1 2 0 0 F I N A N C I A L A D V I S O R S • P U L L O U T S E C T I O N

VOL. CIV NO. 11 MARCH 11, 2024 $5.00

Stocks look poised to keep rising,

thanks to strong economic growth.
>
PAGES 18, 20, 22
63142
C O NT EN TS 03.11.24 VOL.CIV NO.11

COVER STORY P. 7 SPECIAL PULLOUT

P. 18
Barron’s Top 1,200
The Bull Market Can A Golden Opportunity Financial Advisors
Keep Charging Ahead Up & Down Wall Street: Gold mining stocks have fallen by the wayside as the price of This year’s ranking finds rising
It’s drawing strength from a strong the yellow metal soars. A shift toward looser monetary policy could change that. demand for connecting with
economy, which will help bring By RANDALL W. FORSYTH advisors remotely. Plus, market
more stocks along for the ride. insights from five top advisors.
By NICHOLAS JASINSKI Gold has hit a record after surpassing the pandemic-era peak. The previous high was
in 2011, during a broad boom in commodities. P. 9
P. 20 Price of gold per troy ounce
Streetwise: Ways to
Beware the Market’s $2,200 Tally Bitcoin’s Value
Priciest Stocks By JACK HOUGH
Highfliers can be more vulnerable
to small misses. But not all hot 2,000 P. 23
stocks look ridiculously expensive.
By ANDREW BARY
Funds: A Great Time
for High-Yield Munis
P. 22 1,800 By LAUREN FOSTER

Prepare to Pounce P. 24
on a Market Dip 1,600
Technical measures suggest stocks
Tech Trader: How AI
are due for a mild pullback. Small- Is Transforming SAP
caps could subsequently shine. 1,400 By ERIC J. SAVITZ
By JACOB SONENSHINE
P. 25
P. 26
1,200 Income: Some REITs
Forecasts for the Fed, Are Worth Revisiting
the Economy, and More By LAWRENCE C. STRAUSS
Q&A: J.P. Morgan’s David Kelly 1,000
explains why inflation will fall, P. 25
Japanese stocks are cheap, and 2012 2014 2016 2018 2020 2022 2024
Bitcoin is “absolute nonsense.” Source: Bloomberg Economy: Navigating
By LAUREN FOSTER Taxes and Spending
How the U.K. and U.S. differ.
P. 28 By CALLUM KEOWN

Trader: A Reshuffling A M E R I C A’ S T O P 1 2 0 0 F I N A N C I A L A D V I S O R S • P U L L O U T S E C T I O N
P. 12 P. 15 P. 31
Among Top Stocks
Nvidia and Eli Lilly are on the rise.
VOL. CIV NO. 11 MARCH 11, 2024 $5.00

The Exit of Vanguard’s 4 Companies Tackling International: Farmer

By AVI SALZMAN CEO Raises Questions
Tim Buckley’s resignation puts the
P. 54 No. 2 asset management company
in an unexpected position. Here’s
Stocks look poised to keep rising,
‘Forever Chemicals’ Protests and Elections
Aecom, Montrose Environmental, Grievances threaten Europe’s
Republic Services, and Xylem are environmental and foreign policy.
poised to play a central role in the

Don’t Bet on a Tech By CRAIG MELLOW

thanks to strong economic growth.
PAGES 18, 20, 22

how it could play out. expensive effort to clean up PFAS.

Bubble Bursting Illustration by
Carl Godfrey By ANDREW WELSCH By LAUREN FOSTER P. 32
Other Voices: The author of A
© 2024 Dow Jones & Company,
Striking Price: A
Random Walk Down Wall Street
offers investment advice for the
Inc. All Rights Reserved. P. 14 Barron’s Roundtable Bitcoin Options Play
current market backdrop.
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By TERESA RIVAS in on tech-stock prices. By ELIZABETH O’BRIEN
March 11, 2024 BARRON’S 3

THE REAL ESTATE SECTOR OF THE S&P 500 IN ONE ETF

Sector SPDRs allow you to invest in pieces of the S&P 500. Like Real Estate. While adding diversification and reducing single stock risk. These ETFs

combine the diversification of a mutual fund and the tracking of an index with transparency and liquidity.

XLRE REAL ESTATE SECTOR SPDR ETF TOP 10 HOLDINGS*

Company Name

ProLogis
American Tower
Symbol

PLD
AMT
Weight

12.43%
9.36%
Equinix EQIX 8.43%
Welltower WELL 5.15%
Simon Property SPG 4.88%
Crown Castle CCI 4.82%
Public Storage PSA 4.54%
Digital Realty Trust DLR 4.49%
*Components and weightings as
of 2/29/24. Please see website for Realty Income O 4.38%
daily updates. Holdings subject
Costar CSGP 3.59%
to change.

Aninvestorshouldconsiderinvestmentobjectives,risks,chargesandexpensescarefullybeforeinvesting.Toobtainaprospectus,whichcontainsthisandotherinformation,call1-866-SECTOR-ETFor
visit www.sectorspdrs.com. Read the prospectus carefully before investing.
The S&P 500, SPDRs®, and Select Sector SPDRs® are registered trademarks of Standard & Poor’s Financial Services LLC. and have been licensed for use. The stocks included in each Select Sector Index were selected by the compilation agent.
Their composition and weighting can be expected to differ to that in any similar indexes that are published by S&P. The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S.
stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. Investors cannot invest directly in an index.
The S&P 500 Index figures do not reflect any fees, expenses or taxes. Ordinary brokerage commissions apply. ETFs are considered transparent because their portfolio holdings are disclosed daily. Liquidity is characterized by a high level
of trading activity.
Select Sector SPDRs are subject to risks similar to those of stocks, including those regarding short-selling and margin account maintenance. All ETFs are subject to risk, including possible loss of principal. Funds focusing on a single sector
generally experience greater volatility. Diversification does not eliminate the risk of experiencing investment losses.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
4 BARRON’S
I N D EX
Our index lists significant companies mentioned in stories and columns,
plus Research Reports, and Corrections & Amplifications. The references
are to the first page of the item in which the company is mentioned.
A AB Large Cap Growth . . . . . . . . . . . . . . . . . . . S15
Adobe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Aecom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Agilent Technologies . . . . . . . . . . . . . . . . . . . . . . . 15
Alibaba . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . 19,21,28,54
Amazon.com . . . . . . . . . . . . . . . . . . . . 14,19,21,28,54
Amylyx Pharmaceuticals . . . . . . . . . . . . . . . . . . . 34
Apple . . . . . . . . . . . . . . . . . . . . . . . . 11,19,21,28,33,54
Arcutis Biotherapeutics . . . . . . . . . . . . . . . . . . . . 33
Arm Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
B Berkshire Hathaway . . . . . . . . . . . . . . . . . . . . 19,21
C Cadence Design Systems . . . . . . . . . . . . . . . . . . 20
Carvana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Chemours . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Cintas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Cisco Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
Citi Trends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
ClearBridge International Growth . . . . . . . . . 14
Cloudflare . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Copart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Corteva . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Costco Wholesale . . . . . . . . . . . . . . . . . . . . . . . 20,34
D Dell Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . 24
DuPont . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
E Eli Lilly . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,28
F First Trust Municipal High Income . . . . . . . . 23
G GMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
H Hewlett Packard Enterprise . . . . . . . . . . . . . . . 24
Home Depot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
I IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Independent Bank Group . . . . . . . . . . . . . . . . . . 29
Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Intuitive Surgical . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Invesco S&P 500 Equal Weight . . . . . . . . . . . . 19
J Janus Henderson Enterprise . . . . . . . . . . . . . S15
JetBlue Airways . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
JPMorgan Chase . . . . . . . . . . . . . . . . . . . . . . . . . . 20
K Kimco Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
M Macy's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Marvell Technology . . . . . . . . . . . . . . . . . . . . . . . . 34
Mastercard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,21
McDonald . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
MercadoLibre . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Meta Platforms . . . . . . . . . . . . . . . . . . . . . . . . . 19,54
MFS International Growth . . . . . . . . . . . . . . . S15
Microsoft . . . . . . . . . . . . . . 11,19,20,24,28,33,54,S10
MicroStrategy . . . . . . . . . . . . . . . . . . . . . . . . . . 32,34
Mind Medicine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Montrose Environmental Group . . . . . . . . . . . . 15
March 11, 2024
For Customer Service, call 1 (800) 544-0422, or go to
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Movella Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . 33 O Old Dominion Freight Line . . . . . . . . . . . . . . . . 36 Progressive . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Old National Bancorp . . . . . . . . . . . . . . . . . . . . . . 29 Prologis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Oracle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,21
N New York Community Bancorp . . . . . . . 11,29,34
New York Times . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 P Par Pacific Holdings . . . . . . . . . . . . . . . . . . . . . . . 33 R Raymond James . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Nordstrom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Peabody Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Republic Services . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Novo Nordisk . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,34 Petroleo Brasileiro . . . . . . . . . . . . . . . . . . . . . . . . . 34
Nvidia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,20,28,54 Pinnacle Financial Partners . . . . . . . . . . . . . . . . 29 Restaurant Brands International . . . . . . . . . . . 16
S Salesforce . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Samsara . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
SAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Smith & Wesson Brands . . . . . . . . . . . . . . . . . . . 34
Snowflake . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
SPDR Gold Shares . . . . . . . . . . . . . . . . . . . . . . . . . 7
SPDR Nuveen Bloomberg High Yld Muni . 23
SPDR S&P 500 ETF Trust . . . . . . . . . . . . . . . . . 7
Lachlan Murdoch, Executive Chairman, News Corp Spirent Communications . . . . . . . . . . . . . . . . . . . 11
Rupert Murdoch, Chairman Emeritus, News Corp Spirit Airlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Robert Thomson, CEO, News Corp Almar Latour, CEO, Dow Jones Sweetgreen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Synovus Financial . . . . . . . . . . . . . . . . . . . . . . . . . 29
EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER Dan Shar
EDITOR IN CHIEF David Cho
T Target . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin Tesla . . . . . . . . . . . . . . . . . . . . . 11,19,21,28,33,54,S15
3M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
DEPUTY EDITORS Alex Eule, Ben Levisohn Truist Financial . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt
EDITOR AT LARGE Andy Serwer
U Ulta Beauty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
MANAGING EDITORS Matt Bemer, Daren Fonda, Amey Stone, Joe Woelfel U.S. Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
ASSISTANT MANAGING EDITORS Henry Cutter, Mel Gray, Anita Hamilton, Mary Romano,
Robert Sabat, Rupert Steiner (London bureau chief) V VanEck Gold Miners . . . . . . . . . . . . . . . . . . . . . . . . 7
VanEck High Yield Muni . . . . . . . . . . . . . . . . . . 23
ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz
Vanguard High-Yield Tax-Exempt . . . . . . . . . 23
SENIOR WRITERS Bill Alpert, Lauren Foster, Nicholas Jasinski, Tae Kim, Megan Leonhardt, Viavi Solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
VICI Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Joe Light, Elizabeth O’Brien, Al Root, Avi Salzman
Victoria’s Secret . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
REPORTERS Jacob Adelman, Janet H. Cho, Adam Clark, Emily Dattilo, Jack Denton, Catherine Dunn, Visa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Sabrina Escobar, Callum Keown, Evie Liu, Shaina Mishkin, Josh Nathan-Kazis, Angela Palumbo, Vontobel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Vornado Realty Trust . . . . . . . . . . . . . . . . . . . . . . 25
Teresa Rivas, Connor Smith, Jacob Sonenshine, Brian Swint, Karishma Vanjani, Andrew Welsch
STORY EDITORS Ed Lin, Erin McCarthy, Liz Moyer, Patrick O’Donnell, Stacy Ozol,
W Walmart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S10
Ross Snel, Neal Templin, J.J. Thompson
Walt Disney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
WD-40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
COPY DESK Michael J. Burlingham, Robert Teitelman
Wells Fargo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
IDEAS EDITOR Matt Peterson Welltower . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Western Alliance Bancorp. . . . . . . . . . . . . . . . . . 29
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary Williams-Sonoma . . . . . . . . . . . . . . . . . . . . . . . . . . 36
SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Nick Devor, Clare McKeen Wingstop . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Chelsea Schiff
HEAD OF VISUALS
X Xylem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
ART DIRECTORS Lynne Carty, Shayanne Gal, Nick Hallam, Sue Ng
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March 11, 2024 BARRON’S 5

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 March 11, 2024
UP & D OWN WALL STREET
Gold Has Broken
Through. The Miners
Could Be Next.
W
hat if there
were a bull
market re-
cord and
nobody no-
ticed, let
alone cared?
It’s the financial market corollary to
the old philosophical conundrum
about the tree falling in the forest and
nobody hearing it.
Given continued records for major
stock indexes, you’d be forgiven if you
didn’t notice that gold is trading at a
record—$2,200 an ounce. The pre-
cious metal’s competition for attention
isn’t just coming from stocks anymore,
either. Fans of alternative currencies
continue flocking to Bitcoin, which
also soared to a record this past week,
of $69,000. Why bother with the so-
called barbarous relic, in Keynes’ fa-
mous put-down?
And if gold isn’t the shiny thing
anymore, why care at all about the
companies that mine the metal? Even
as gold hits a new high, the VanEck
Gold Miners exchange-traded fund
(better known by its ticker, GDX)
trades at roughly half of what it
fetched back in 2011.
Indeed, ETFs tell the tale of the
public’s waxing and waning interest
in alternatives to government-issued
money. From a brief moment back in
August 2011, the SPDR Gold
Shares’ total assets exceeded those
of the SPDR S&P 500 Trust, at
Olivier Asselin/Alamy
about $76 billion. As of last week,
SPY, as the large-cap stock ETF is
popularly known, had over $500
billion in assets, while GLD had $56
billion. More recently, the introduc-
BARRON’S
tion of various Bitcoin ETFs has
sucked more oxygen from gold’s ap-
peal as an alternative currency.
Despite the outflows from gold
ETFs, bullion has nonetheless contin-
ued its bull market. As investors and
speculators abandoned gold, central
BY RANDALL banks have been active buyers. They
W. FORSYTH added 1,037 tons in 2023, just shy of
the previous year’s 1,082 million pur-
chases. China continues to be an ac-
tive buyer, holding 2,245 tons at the
end of 2023.
Gold has advanced in the face of
headwinds from higher interest rates,
especially in real (inflation-adjusted)
Gold has continued its bull market, hitting a record $2,200 an ounce. Above, loading up on ore in a gold mine.
The gold mining industry has a total stock market
value of about $300 billion—less than that of
Mastercard or Home Depot.
terms, and a firm dollar.
“The fact that gold has decoupled
from its traditional inverse correlation
with interest rates I think is very tell-
ing,” says John Hathaway, senior port-
folio manager at Sprott Asset Manage-
ment. “The U.S. sovereign credit is
being questioned,” Hathaway adds,
resulting in the heavy accumulation of
gold from foreign central banks.
The other big disconnect has been
between the record bullion price and
the prices of miners’ shares. Over the
past two years, the S&P 500 index is
up nearly 20%, while GDX is down
20%. The entire gold mining indus-
try’s stock market value is about
$300 billion, Hathaway points out,
less than that of Mastercard or
Home Depot alone.
Hathaway has calculated that gold
mining stocks are valued at steep dis-
counts to the current gold price, which
sets the group up for a sharp mean
reversion. Alternatively, Hathaway
says, many mid- and small-cap gold
producers would theoretically be at-
tractive to corporate raiders and taken
private and run in full liquidation
mode with minimal capital invest-
ment. That’s meant to illustrate the
7
group’s extreme undervaluation, not
as a prediction.
Cheap stocks can often remain
cheap for longer than contrarian buy-
ers may expect, however. What they
typically take is a catalyst. And for
gold stocks, that has typically been a
move by the Federal Reserve toward
an easier monetary policy.
“Every Fed pivot has been followed
by outsize gains in gold mining equi-
ties,” Hathaway wrote. From May
2000 to January 2008, the GDX was
up 400%. From January to August
2016, the ETF gained 238%, while
from March to July 2020, it was up
208%.
The federal-funds futures market
has dialed back its rate-cut expecta-
tions for 2024. The market now sees
three quarter-point cuts, down from
six or seven that were expected at the
start of the year. But they are still
coming.
This past week, Fed Chairman
Jerome Powell confirmed the central
bank’s outlook for rate cuts once in-
flation shows continued and sustain-
able progress to the Fed’s 2% target.
“When we do get that confidence—
and we’re not far from it—it’ll be ap-
propriate to dial back the level of re-
striction,” he told the House Financial
Services Committee this past
Wednesday.
Those expectations appear fully
priced into stocks and for Bitcoin,
which has surged 200%-plus over the
past 12 months. Over the same period,
gold stocks are up just 10%. They could
eventually catch up—once Powell & Co.
finally start cutting.
D
r. Pangloss is practicing on
Wall Street these days but
not so much on Main
Street.
Recalling the assertion of the good
doctor in Voltaire’s Candide, it does
seem to be the best of all possible
worlds for the stock market—as evi-
denced by multiple record closes al-
ready this year for all of the major
indexes.
Indeed, the signs point to extraor-
dinary financial conditions. That’s
evident in the $5 trillion that was
added to households’ wealth in the
8 BARRON’S
Up & Down Wall Street (continued)
fourth quarter, according to new Federal
Reserve data released this past week. Since
the fourth quarter of 2019, before the onset
of the pandemic, households’ net worth is
up a “staggering” $39.3 trillion, as Bank of
America economists characterize the gain
in a research note, helping to explain con-
tinued strong consumer spending.
While it has been the best of times for
those who can enjoy the asset inflation,
things are good, if not great, for those who
actually have to work for a living. Job
growth continues to be steady, although
slowing. February showed another surge
in hiring, though the separate survey of
households showed an uptick in the unem-
ployment rate. And upon further review,
the previous months’ jobs surges were
revised sharply lower.
Specifically, nonfarm payrolls rose by
275,000 last month, the Labor Depart-
ment reported Friday, far above econo-
mists’ estimates for a 200,000 increase.
But the preceding two months of super-
strong gains were revised down by a sub-
stantial 167,000.
The headline jobless rate rose to 3.9% in
February from 3.7%, as 150,000 people
entered the labor force but 184,000 fewer
people held jobs. That’s from the house-
hold survey, which tends to be far more
volatile from month to month.
Turning back to the establishment sur-
vey, the average workweek ticked up by 0.1
hours, to 34.3 hours, recouping half of
January’s sharp drop resulting from bad
weather. Average hourly earnings slowed
to a 0.1% gain last month from a down-
wardly revised 0.5% in January.
Looking at the industry breakdown,
almost half of February’s 204,000 in pri-
vate service payrolls were in the economi-
cally insensitive health and social assis-
tance sectors, while low-paying leisure and
hospitality accounted for a quarter of the
increase—a composition that Jefferies
economist Thomas Simons characterized
as “discouraging” in a client note.
Also in that category are the continuing
announcements of job cuts from major
companies, with 167,000 reductions an-
nounced in the first two months of the
year, according to the tally by Challenger,
Gray & Christmas. While down 7.6% from
January-February 2023, it still was the
highest since the 428,000 cuts announced
in the first two months of 2009. Still, new
claims for unemployment insurance re-
main near 200,000, a cyclically low level.
It’s a lot of numbers even for the prover-
bial two-armed economist to juggle, but
they point to the long-awaited first interest-
March 11, 2024
rate cut coming at the June meeting of the
Federal Open Market Committee. Federal-
funds futures on Friday put a 74% probabil-
ity of at least a quarter-point reduction from
the current target range of 5.25% to 5.50%,
according to the CME FedWatch site.
That would further add to financial
conditions that already are “very rare, very
loose,” according to Evercore ISI’s deriva-
tive and strategy team headed by Julian
Emanuel. All of which is feeding the
FOMO—Fear of Missing Out—that’s been
powering the equity market to records.
As for the next two FOMC meetings,
slated for March 19-20 and April 30-May 1,
no rate moves are likely. But at this
month’s confab, Dreyfus and Mellon chief
economist Vincent Reinhart thinks the
panel will “change the conversation” to
begin talking about the central bank’s bal-
ance sheet, which it has shrunk to $7.5
trillion from a peak of about $9 trillion in
mid-2022.
The main feature from the March meet-
ing will be an updated Summary of Eco-
nomic Projections. The likelihood is that it
will continue to show a median three cuts
among FOMC members, as it did when the
forecast was last released in December.
The election calendar limits the Fed’s
options from here. Powell is “politic, not
political,” meaning he’d like to keep the
Fed out of the campaign by standing pat at
its July and September meeting, noted
Reinhart, who formerly served as Secre-
tary of the FOMC during the chairman-
ship of Alan Greenspan.
Since traders have all but ruled out a
May move, the three 2024 cuts would have
to come at the Fed meetings in June, No-
vember, and December. The November
FOMC meeting is scheduled on the
Wednesday and Thursday after Election
Day, Nov. 5, rather than the usual Tuesday
and Wednesday.
But this all depends on continued prog-
ress around inflation. Tuesday’s consumer
price index report for February will be key
for markets, especially after the previous
month’s unpleasant upside surprise.
Higher gasoline prices are expected to
produce a 0.4% overall increase for the
month, while the “core” measure excluding
food and energy should show a 0.3% rise,
less than the 0.4% jump for January that
spooked markets. On a year-over-year
basis, core CPI should be up 3.7% in the
latest month, an easing from 3.9% in the
previous report.
Continued cooling in inflation will be
needed for it to remain the best of all possi-
ble financial worlds. B
March 11, 2024
ST R E E T W I S E
What Is Bitcoin Really
Worth? 5 Different
Ways to Value It.
I
’m changing my Bitcoin rating
to Incognito Unclear, which
means I have no idea where
the price is headed next, and
it’s doing so well despite my
skepticism that I’m wearing a
paper bag over my head to hide
my shame from the crypto tycoons.
Other assets are shining, too. Gold
recently hit a new high. U.S. stocks
have reached the point in the cycle
where Bank of America calls the S&P
500 “egregiously expensive,” while
predicting 8% more upside by year’s
end. (It thinks average 10-year returns
from here will stink, however.)
But Bitcoin has tripled over the past
year, to a recent $67,000. I first wrote
about it in June 2011 for something
called SmartMoney.com, calling it the
“top-performing money in the world.”
It had climbed 200,000% in a year, to
just over $10. If only I had sold every-
thing and bet it on Bitcoin, I’d be pull-
ing my superyacht up to Bezos’ right
now to ask if he has any Grey Poupon.
Instead, I continued plopping my pay
into boring stocks and bonds and have
achieved mere suburban comfort.
I’m too square to turn bullish now.
But for those who are tempted by the
new field of bitcoin ETFs—brands
include Bitwise, iShares, Fidelity In-
vestments, Invesco, and Wis-
domTree—or those who are wonder-
ing when to sell, it would be helpful if
there were something more than fu-
ture-of-money narratives to go by.
How about math? The lack of cash
flows makes that tricky, but there are
creative workarounds. I reached out
to a couple of Bitcoin analysts to talk
about the models they use. I sniffed
BARRON’S
The lack of cash flows makes it tricky to calculate
the value of Bitcoin. Here are five methods that
cryptocurrency analysts have come up with.
financial utility, both of which warrant
upward price adjustments. My main
question: If Bitcoin is indeed as good as
gold, wouldn’t that point to a substitu-
tion effect that would push gold’s price
lower, not to record highs? Farran says
the substitution effect is evident in
ETF flows, but that central banks have
been offsetting it by buying gold.
Miner Detail. Sometimes analysts
point to the cost of mining an ounce of
gold as a peg for its price. This is possi-
ble with Bitcoin, which is “mined” us-
ing massive computing power, meaning
the marginal cost of production is tied
them over out of curiosity, not to en- to electricity prices, the efficiency of the
dorse them. Let’s run through five. hardware, and the rate at which miners
Good as Gold. J.P. Morgan treats are rewarded for their computations.
Bitcoin like digital gold, because the This reward rate is engineered to halve
two assets have things in common. every so often, slowing supply growth
Supply is limited; they’re fungible and until it eventually halts, and as it turns
divisible stores of value; they’re not out, the next halving is in April.
BY JACK under government control; and both The anticipation of this, combined
HOUGH are apparently durable—Bitcoin has with the new demand from ETFs, is
outlived the publication where I first part of what has Bitcoin bulls so
wrote about it. The value of all mined abuzz. One researcher who has stud-
gold is estimated at close to $15 trillion, ied using Bitcoin’s production cost as
but much of that is jewelry, or else a valuation guide, Adam Hayes of He-
held by central banks. Gold held by brew University in Jerusalem, pre-
private investors, including through dicted last year that it will cost about
bars, coins, and ETFs, is estimated at $75,000 to mine a Bitcoin after the
$3.3 trillion. Bitcoin’s market cap is halving. Finimize’s Farran says that
around $1.3 trillion. If it’s as good as production costs should be considered
gold, maybe it should be trading at a price floor, not a fair value.
more than twice its current price. Chart Envy. You know those Ib-
JPM adjusts Bitcoin’s fair value botson charts that financial advisors
downward for the fact that it has been point to that show the long-term per-
more volatile than gold. Reda Farran, formance of stocks, bonds, bills, and
an analyst at financial information site inflation? If they showed Bitcoin, too,
Finimize, says that this adjustment is the customers would say, “Give me
too harsh, because Bitcoin’s volatility some of that.” We should all say that,
has been falling. He also points out says Raphael Zagury, chief investment
that Bitcoin has slower supply growth officer at Swan Bitcoin, which offers
than gold, and in his opinion more buying plans for the cryptocoin. He
BARRONS.COM/PODCASTS
Barron’s Streetwise
In a weekly podcast by Barron’s, columnist Jack Hough looks
at the companies, people, and trends you should be watching.
This is Wall Street like you’ve never heard before. Subscribe
to Barron’s Streetwise on Spotify, Apple Podcasts,
or your favorite listening app.
9
reckons that a 20% allocation is the
ideal risk/return tradeoff, or as he
puts it, “the optimal point on the effi-
cient frontier.” This isn’t so much a
pricing model as it is an argument for
a higher price. But Zagury has two
more models…
Gobble Gobble. The world’s real
estate is worth $320 trillion. Some
portion of that reflects a “monetary
premium,” or pure investment value
beyond the practical value of the land
and structures themselves. Call it 30%.
There’s a chance, according to Zagury,
that Bitcoin will become the world’s
apex monetary asset, and devour this
premium not just from real estate, but
also from stocks, bonds, gold, silver,
other cryptocurrencies, and fine art.
Zagury has created a website, nakamo-
toportfolio.com, that allows users to
enter their own assumptions. The de-
fault assumptions show, for example, a
5% probability that Bitcoin captures
real estate’s 30% monetary premium
over the next 20 years, and a 90%
probability that it will grab other
crypto’s 100% monetary premium
over six years. Using those default
assumptions, the calculator produces a
fair value for Bitcoin of over $620,000.
A global collapse of so many finan-
cial assets at once brings to mind soci-
etal chaos on a Mad Max level. I’m not
clear on how, in that world, internet
coins will be the thing everyone cov-
ets. I mean, beef jerky, I could see. But
then, I’m the guy who didn’t buy bit-
coin at $10.
Swap Thing. There are financial
instruments that pay off in the event
of a bond default. They’re called credit
default swaps. There are CDS for
Treasuries, even though the U.S. gov-
ernment can just make new money if
it needs to. The presence of a Trea-
sury CDS market implies some risk of
default, however small. You can use
the pricing in that market to calculate
a default probability. If you assume
that Bitcoin wins if Treasuries go
kablooey, you can also use CDS pric-
ing to calculate a fair price for Bitcoin.
Zagury has. He gets between $75,000
and $100,000, “depending on your
assumptions.” B
Email jack.hough@barrons.com
10 BARRON’S March 11, 2024
 March 11, 2024 BARRON’S 11

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Dow Industrials: - 364.69 Dow Global Index: + 3.26

LAST WEEK TH IS WEEK

Markets: Bitcoin hit a market cap re- Monday 3/11

cord: $1.35 trillion; Bitcoin exchange-
traded funds contributed $50 billion.
China set a 5% growth target for
2024, and its trade growth beat fore-
casts. Tesla fell 7.2% on Monday, the
S&P 500’s worst performer that day;
New York Community Bancorp
crumbled 23%, and raised $1 billion.
Fed Chair Jerome Powell said the Fed
was “not far” from cutting interest
rates. February jobs came in at a hot
275,000. On the week, the Dow in-
dustrials fell 0.93%, the S&P 500 lost
0.65%, and the Nasdaq Composite
was down 1.17%.
Companies: Target earnings beat
Two megacap software companies
release earnings. Oracle announces
results after the closing bell on Monday
and Adobe does likewise on Thursday.
Shares of Oracle are up 6.6% this year,
while Adobe’s have fallen 7.5%.
Tuesday 3/12
The Bureau of Labor Statistics
releases the consumer price index for
February. Consensus estimate is for a
3.1% year-over-year increase, match-
ing the January figure. The core CPI,
which excludes volatile food and en-

Cooling the
Takeoff expectations; Nordstrom’s full-year ergy prices, is expected to rise 3.7%,
Since OpenAI introduced ChatGPT in forecast disappointed. Microsoft two-tenths of a percentage point less
November 2022, stocks associated sought to dismiss a lawsuit filed by the than previously. The annual change

Heat Over AI
The emergence of popular artificial intelligence
applications has sparked many lively debates on
whether the technology should be embraced as a
savior or as an existential threat. This past week, a
pair of venture capitalists upped the ante.
Vinod Khosla, an investor in OpenAI, wrote on
X that AI is a “more serious” threat to U.S. na-
tional security than the advent of nuclear weapons.
Marc Andreessen, a fellow venture capitalist, ac-
cused Khosla of trying to drum up support for a
ban of open-source AI initiatives, which form the
basis of several OpenAI rivals.
Both sides are talking their book. OpenAI would
benefit if the government implemented regulations
around open-source AI models. Andreessen’s VC
firm, Andreessen Horowitz, meanwhile, invests in
start-ups that rely on open-source AI technology.
The hyperbolic debate risks distracting execu-
tives, customers, and investors from today’s real-
ity: AI has already become a fantastic productivity
tool. There’s no magic or sentience involved. AI
models train on the world’s knowledge and synthe-
size information already in existence.
For now, healthy competition in AI is paying divi-
Illustration by Elias Stein
with different aspects of artificial New York Times that tech companies in the core CPI is at its lowest level
intelligence have soared. unlawfully copied millions of its arti- since May of 2021.
Nvidia Arm Holdings cles to build ChatGPT. OpenAI hit
Amazon.com Microsoft back at Elon Musk’s suit by releasing
500%
emails from Musk backing its for- Thursday 3/14
profit initiative. The EU fined Apple
400 $1.97 billion over its App Store. In The Census Bureau reports retail
a feisty State of the Union, President sales data for February. Economists
300
Joe Biden proposed raising corporate forecast spending on retail and food
200 taxes from 15% to 21%. services to increase 0.7% month over
month, after declining 0.8% previously.
100
Deals: Arkhouse Management and
0 Brigade Capital Management raised
-100
their bid for Macy’s by 14%, from $21 Friday 3/15
a share to $24...JetBlue Airways and
2023 ’24 Spirit Airlines terminated their $3.8 The University of Michigan re-
Source: FactSet billion merger agreement…Telecom- leases its Consumer Sentiment index
equipment maker Viavi Solutions for March. In February, consumers’
Numbers Game bid $1.27 billion for London-listed expectations of the year-ahead infla-
Forecasts predict continuing rapid
Spirent Communications, backed tion was 3.0%, close to a three-year
growth of the global market for
by a $400 million convertible loan low, suggesting that inflation expecta-
artificial intelligence.
from Silver Lake. tions are well anchored.
$2.0 trillion
1.5
THE NUMBERS
1.0
63% 68% $16 T 40%

dends. In the last month alone, there have been ma- 0.5
Average percent- Percentage of Borrowings by Percentage of
jor AI advances from OpenAI, Mistral, Google, and age of U.S. retire- Manhattan home governments of large-cap active
Anthropic. As AI’s popularity grows, investors— ment assets allo- sales bought with rich nations ex- funds that beat the
and humanity—will best be served by a level-headed 0.0 cated to target- cash in the fourth pected by the end S&P 500 in 2023,
debate about the technology itself. Let’s leave nu- 2021 ’25 ’30 date funds at quarter, up from of 2024, from $14.1 slightly better than
clear weapons talk to the military. — Tae Kim Note: Gray bars are estimates Source: Statista Vanguard. 55% in 2022. trillion in 2023. the average.
12
CEO’s Surprise
Exit Raises
Questions
For Vanguard
Tim Buckley has presided over
significant changes at the asset
manager. His retirement sparks a
debate over succession—and more.
BY ANDREW WELSCH
W
hat is really going on at
Vanguard? The invest-
ment giant’s 50 million
clients have good rea-
son to ask that ques-
tion following the un-
expected retirement of
CEO Tim Buckley.
Buckley, 55, announced on Feb. 29
that he would leave the company at
the end of the year. Buckley and Van-
guard had given no warning, offered
little explanation, and have declined
interview requests. “It caught a lot of
us by surprise,” says Jeff DeMaso,
editor of the Independent Vanguard
Adviser newsletter.
Buckley’s tenure, at six years, has
been relatively brief but notable. As-
sets under management surged by
more than 80%, to $8.7 trillion. At the
same time, customer complaints about
technology and service quality moved
to the fore.
“I’m crossing my fingers that
[Buckley’s] replacement makes the
website, app, and customer service
world class,” a customer posted in
Bogleheads, a large and outspoken
online community of investors that
follows the philosophy of Vanguard’s
iconic former CEO John Bogle.
A Vanguard representative said
that “client experience and satisfaction
have been an area of intense reinvest-
ment during [Buckley’s] tenure.”
The wealth and asset management
company didn’t name an immediate
successor, although it elevated Chief
Investment Officer Greg Davis to pres-
ident and said the board of directors
will consider not just internal candi-
dates, but also external ones. Those
elements made the company’s an-
nouncement all the more surprising to
industry analysts given Vanguard’s
history of internal successions—al-
though there’s reason to think Davis
will ultimately come out on top.
Observers generally had expected
Buckley to stick around for at least
several more years, in line with finan-
cial industry norms. Charles Schwab
CEO Walter Bettinger is 63 and has
been on the job since 2008. James
Gorman, 65, ran Morgan Stanley for
14 years before handing over the reins
to Ted Pick in January. And Buckley’s
predecessor, Bill McNabb, stepped
down in January 2018 at age 60 after
leading the company for about a de-
cade. Back then, Vanguard announced
McNabb’s retirement and Buckley’s
ascension as chief executive simulta-
neously. This time is different.
Buckley hasn’t said much publicly
about why he’s leaving now beyond a
brief LinkedIn post. He said the com-
pany is in a strong position and “it’s
time for others” to lead. A Vanguard
representative said in an email to Bar-
ron’s that “Tim has determined that
now is the right time to pass the baton
given all that Vanguard has accom-
plished during his tenure as CEO, the
BARRON’S March 11, 2024
ing investing in low-cost index funds.
The three CEOs who followed Bogle,
all Vanguard veterans when they
assumed the top job, have built on his
legacy and tried to expand in new
directions. Some of these efforts have
been more successful than others.
Under Buckley, Vanguard has cut
back on some overseas expansion ef-
forts, including in China. In Germany,
it shut down a personal investor plat-
form last year. The company also ex-
ited some ancillary, noncore busi-
nesses. In December, Vanguard said it
was selling its outsourced chief invest-
ment officer business to Mercer, a unit
of Marsh McLennan; the business pro-
vides investment management services
for nonprofit organizations and other
institutional investors in the U.S.
Last year, Buckley said in a podcast
with Barry Ritholtz, CIO of Ritholtz
Wealth Management, that Vanguard
has been making “tough choices” to
refocus its attention on its core busi-
ness serving individual investors. In
Asia, Vanguard was mostly serving
institutional clients, he said. “We gave
back about $125 billion in assets,
Buckley, who has strength of our business, and the which most people think is crazy,”
held the top job for
six years, says that depth and capability of the senior Buckley said. “But they were all insti-
“it’s time for oth- leadership team.” tutional accounts, and that isn’t what
ers” to lead. Ob-
servers are puzzled
Of course, Vanguard is not a public we do. That’s not where we will excel.
by the move. company—it’s owned by its funds and It’s not what makes us tick.”
fund shareholders—and it doesn’t A company representative said
have to disclose a lot of information Vanguard continues to build its pres-
about itself, including its internal ence in international markets and has
workings and financials. It has con- “doubled down” on its individual in-
firmed, however, that it will make a vestor focus.
decision on Buckley’s successor by the In Canada, Mexico, and Latin
end of the year. America, Vanguard surpassed $100
Whomever the company picks, the billion in local assets in 2023 and in-
new CEO will inevitably be com- creased its market share in exchange-
pared, fairly or unfairly, to Bogle, traded funds to 15% in Canada and
who founded Vanguard in 1975 and 22% in Mexico, according to the com-
achieved iconic status by champion- pany. In Europe, Vanguard manages
Buckley's Tenure: 80% Asset Growth
Even with 2022's rough year for stocks and bonds, Buckley's growth record
is impressive.
Vanguard global assets under management (AUM)
$9 trillion
8
7
Photograph by Ryan Collerd
6
5
4
2018 2019 2020 2021 2022 2023
Source: Vanguard
March 11, 2024
about $310 billion. Another highlight:
In the U.K., Vanguard’s personal in-
vestor service boasts more than
580,000 investors and $25 billion in
assets, according to Vanguard.
Will Vanguard one day be as much
of a household name in London as it is
in Los Angeles? DeMaso thinks so. “It
took some time for their message to
resonate in the U.S.,” he says. “I think
eventually their low-cost message will
resonate in other markets.”
Low-Cost Focus
Vanguard’s business essentially has
two growth engines: asset manage-
ment and wealth management. Buck-
ley has successfully shepherded both.
With regard to the former, Vanguard
continues to rake in new assets be-
cause its mutual funds and ETFs are
widely available in retirement plans
and popular with individual investors
and financial advisors who like Van-
guard’s low fees.
The company has also continued to
expand its fund lineup, and now has
208 funds in the U.S. and 216 in inter-
national markets. Last year, it launched
four U.S.-based and 23 international
funds. Notably, under Buckley’s stew-
ardship, Vanguard has said it won’t
launch a Bitcoin or cryptocurrency
ETF. It doesn’t even allow investors to
purchase crypto ETFs on its brokerage
platform because Vanguard views
crypto as a speculative investment and
immature asset class.
Under Buckley, the company has
steadily grown its low-cost wealth
management offerings. It has about
1,100 financial advisors and
launched Vanguard Personal Advi-
sor, a hybrid robo-advisor that pairs
digital and human advice, in 2015.
And it launched a purely digital robo-
advisor in 2020. The two units have
$312 billion in combined assets, triple
what the company had when Buckley
became CEO. In typical Vanguard
fashion, the hybrid robo levies an
annual fee of just 0.3% of assets—a
fraction of the cost of a traditional
financial advisor. “It’s clearly appeal-
ing to a lot of people,” DeMaso says.
“And it’s clearly competitive pricing.”
Retooling Tech
Speaking on the podcast, Buckley
said the company has been migrating
its systems to the cloud to improve
the speed with which it can react. As
an example, he pointed to a newly
launched mobile app, which he ad-
mitted clients “hated.” Under legacy
BARRON’S 13
systems, it would have taken months
to fix. But with the new systems, Van-
guard was able to roll out continuous
changes, making 200 updates over
nine months, he said.
“If you don’t continually make in-
vestments, then you can fall behind
because it becomes so costly to ad-
dress your legacy,” he said. “Your leg-
acy applications become an albatross,
and they slow down what you and
your clients can do.”
Clients and advisors have noticed
some improvement, but customer-
service complaints are persistent,
filling message boards and comment
sections in articles about the com-
pany. “Vanguard’s digital experience
is getting better—finally,” says Allan
Roth, a financial advisor in Colorado
Springs, Colo. “But for two years, I
   
almost gave up on depositing new
money in Vanguard. The app didn’t
work. Checks got lost. But I think it’s
getting better.”
   
Morningstar analyst Daniel Sotiroff
says Vanguard has an opportunity to
grow its advice business, provided it
assuages customer support concerns.
   
“The big thing is they have acknowl-
edged and are trying to fix the service
[issues],” he says. “If they figure it out,
then I think [the advice business] will
be a huge growth engine for them go-
ing forward.” Vanguard’s next CEO
will be tasked with finishing the job.
         
Next Up?          
Will the company’s board pick an in-
ternal candidate or bring in an out-
        
sider? Doing the latter could add a          
fresh perspective on longstanding
problems. But history suggests it’s an
         
unlikely outcome. All three of Bogle’s    
successors were longtime Vanguard
employees before becoming CEO. And
the company has a unique culture that             
sets it apart from other financial firms.           
The smart money would be on an
insider, and Davis is the heir apparent.          !"# $
Buckley served as president before he         %%$
became CEO, and, like Davis, he was
the CIO before that. Like Buckley,
Davis is a longtime Vanguard em-
ployee, having worked at the Malvern,
Pa.–based company for 24 years.
“I still have to think that it will be
an internal candidate because of Van-
guard’s culture,” Morningstar’s
Sotiroff says. If it is, it’s unlikely that
the Vanguard investors have come to
know will change much. But if it is an
outsider, sit tight. The board may
have bigger changes in mind than it’s
letting on. B  4                !" ##$%
14
MercadoLibre has a huge runway for growth in Latin America. Above, a fulfillment center in Sao Paulo.
South America’s Amazon:
A Compelling Buy Now
E-commerce and fintech powerhouse MercadoLibre is priced to move,
considering that its earnings per share could climb 80% in 2024.
BY TERESA RIVAS
I
nvestors looking for an alterna-
tive to the Magnificent Seven
could do worse than Merc-
adoLibre—and a recent earn-
ings “disappointment” has cre-
ated a buying opportunity in the
stock of Latin America’s domi-
nant online retailer.
There’s a lot to like about this e-
commerce and fintech powerhouse. If
the 218 million users of MercadoLibre
all lived in one country, it would be
the most populous in Latin America.
The company’s earnings per share
more than doubled last year and are
expected to climb 80% in 2024.
But that didn’t stop MercadoLibre
from slumping 10% after reporting
earnings on Feb. 23, its largest decline
in two years. The Montevideo, Uru-
guay–based company reported a profit
of $3.25 a share on revenue of $4.3
billion. Gross merchandise volume
and total payment volume—two key
e-commerce and fintech metrics—rose
40% and 57%, year over year, respec-
tively. Investors, however, were con-
cerned with a decline in gross mar-
gins, and tax charges meant income
was well below analysts’ predictions.
That seems like an overreaction—
and a buying opportunity. The tax
expenses, without which Merc-
adoLibre would have easily beaten
expectations, were a one-time hit,
while the company had always
BARRON’S
planned to sacrifice some margins to
pick up market share. “We gladly take
[volume] strength over a little messi-
ness on the margin line…and we are
buyers on this weakness,” noted BTIG
analyst Marvin Fong, who thinks the
stock should trade to $1,885, up 25%
from Friday’s close of $1,512.50.
The case for MercadoLibre starts
with its ability to succeed where oth-
ers haven’t. Amazon.com is the 800-
pound gorilla in e-commerce, but Bra-
zil, Argentina, and Mexico—
MercadoLibre’s main markets—are
small potatoes for the behemoth. That
makes it less of a competitive threat to
MercadoLibre. Other smaller entrants
in the Latin American e-commerce
market have had mixed success; that,
along with a more tumultuous eco-
nomic backdrop, may make the region
less attractive to low-cost Asian mar-
ketplaces like Temu that have made
inroads in the U.S.
Yet MercadoLibre has been able to
not just survive but thrive amid these
ups and downs, helped by the fact that
e-commerce penetration is only about
10% in Latin America—well below the
U.S. and other developed nations, as
well as China. That means there’s a
huge runway for growth in Latin
America as commerce penetration
increases, regardless of the economic
backdrop. MercadoLibre has also in-
vested heavily in its business capabili-
ties in recent years—the company’s
roughly $500 million of capital expen-
ditures last year came entirely from its
cash flow—and is now reaping the
rewards as many rivals retreat from
the region.
“MercadoLibre has consistently
stayed ahead of the competition over
the past five to seven years, and they
have largely fallen by the wayside,”
says Ramiz Chelat, portfolio manager
for Vontobel’s Quality Growth Bou-
tique, which owns shares in the e-
commerce company. “It’s gone from a
MercadoLibre
E-commerce platform
(MELI / Nasdaq) Headquarters: Montevideo,
$2,000 Uruguay
Recent Price: $1,527.29
1,500
52-Week Change: 24.5%
Market Value (billion): $77.4
1,000
2024E EPS: $34.32
500
2024E P/E: 44.4
2022 ’24
E=estimate Sources: Bloomberg, FactSet
March 11, 2024
five-player market to now effectively a
two-player market, with Merc-
adoLibre in the No. 1 position and
Amazon somewhere behind them.”
Nor is MercadoLibre competing
with physical stores the way Amazon
does in the U.S. In many cases, it sells
products that consumers can’t buy
anywhere else, unlocking new catego-
ries of spending. “If you are the plat-
form that offers the widest selection
and wide range of merchants at attrac-
tive pricing, as MercadoLibre does…it
becomes a positive feedback loop,”
says Chelat.
MercadoLibre isn’t only the leading
e-commerce platform in Latin Amer-
ica, but also sports a robust fintech
business, which now accounts for
nearly half of revenue. It serves a huge
unbanked population, one that is
skipping traditional credit cards and
going straight to digital payments,
much like many emerging market
consumers leapfrogged over landlines
to go straight to cellphones. As a re-
sult, customers are using its payment
platforms even when they aren’t shop-
ping on MercadoLibre’s website.
MercadoLibre stock has risen 25%
over the past year, but fans say it re-
mains a compelling buy. Merc-
adoLibre “has created a powerful eco-
system of complementary services
that will be hard for competitors to
replicate and that positions the com-
pany for solid growth ahead,” says
Pawel Wroblewski, portfolio co-man-
ager of the ClearBridge Interna-
tional Growth fund (LGGAX), which
owns the stock. “The magnitude of its
future growth is mispriced.”
T
he company trades at a lofty 44
times 12-month forward earn-
ings. While that’s more than
double the S&P 500’s valua-
tion, it’s near MercadoLibre’s lowest
level since 2017. The company’s bal-
ance sheet also looks strong, as it has
a net cash position of nearly $4 billion,
and generated $2.4 billion in profit
from operations on a currency neutral
basis last year, up 134%.
“Like a lot of great companies, Mer-
cadoLibre has had a good rebound but
it’s not expensive,” says Mark Bari-
beau, Global Equity Portfolio Manager
at Jennison Associates, which owns
Jonne Roriz/Bloomberg
shares in the e-commerce company.
“The 2024 outlook is very healthy so
we don’t think anyone’s missed the
stock.”
There’s still time to go shopping for
MercadoLibre stock. B
 March 11, 2024 BARRON’S 15

4 Stocks for
The ‘Forever
Chemicals’
Cleanup
Concerns are mounting about the
health effects from PFAS, and it
will take $200 billion to clean them
up. These companies could profit.

BY LAUREN FOSTER

W
hen Teflon cookware
hit the market in the
early 1960s, it was
hailed as a modern
chemical marvel and
a big win for home
cooks: Eggs slid ef-
fortlessly off “happy pans”; cleanup
dispensed with the drudgery of
scrubbing.
Teflon pans are still sold, but one
of the original chemicals is long gone
due to concerns about its health ef-
fects. Today, the big money isn’t in up of chains of carbon and fluo- “Unlike asbestos report by BofA Securities analyst “Manufacturers used carbon-
and tobacco, PFAS
making those “forever chemicals,” rine linked together. The U.S. is also touches almost Dimple Gosai. “PFAS is a risk every- fluorine chemistry because it was so
a broad class of substances known making progress. The Food and Drug every segment of one needs to hear about now,” she stable,” says Tarun Anumol, director
humanity. It is in all
as polyfluorinated substances, or Administration recently announced of us; it’s even in
says. of global environment and food mar-
PFAS. Rather, it’s in cleaning them that grease-proofing PFAS in food the polar bears,” A handful of companies, mean- kets at Agilent Technologies, a lab-
up—an effort that could cost more packaging is being phased out. PFAS says attorney Mi- while, are profiting as demand rises oratory technologies company that
chael London with
than $200 billion. manufacturers such as 3M are also law firm Douglas & for testing, monitoring, and remedia- makes instruments for measuring
Manufactured by companies such phasing out the chemicals. And new London. tion. Companies that could benefit, and analyzing the chemicals. “It is
as DuPont spinoff Chemours and rules are expected soon from the according to analysts, include Aecom, coming back to haunt us.”
3M, PFAS are a class of thousands of Environmental Protection Agency Montrose Environmental Group, Manufacturers have already paid
chemicals that have been used for to vastly reduce PFAS in drinking Republic Services, and Xylem. out billions in liability claims over
decades in consumer and industrial water. the chemicals. 3M, DuPont, and two
goods. Dubbed forever chemicals for Yet companies still face massive Phaseout Push other companies agreed to class-
their remarkable stability, they can liability claims. While DuPont, While efforts to ban PFAS have per- action settlements of more than $11
resist water, stains, grease, and heat. 3M, and other manufacturers have colated for years, they are gathering billion last year.
That has made them ideal for food already paid out billions in settle- steam due to mounting concerns But some states and municipalities
Illustration by Saratta Chuengsatiansup

packaging in everything from pizza
boxes to microwave popcorn bags.
They’re also used in thousands of
products from carpeting to fire-
fighting foam.
Now, concerns about their health
effects are mounting, and efforts to
ban the chemicals are gaining traction.
Europe has taken the lead in pro-
posing a blanket ban on PFAS, made
ments, a wave of corporate liability
continues to build. Some landfill
operators and wastewater companies
could also be on the hook for clean-
ups and liability as new federal rules
ramp up.
Settlements could reach hundreds
of billions, putting PFAS in range of
the $206 billion tobacco settlement
of the 1990s, according to a recent
about the chemicals’ toxicity.
The substances don’t break down,
accumulating in soil and water, and
they have been found in the blood-
streams of nearly every American.
Long-term exposure has been linked
to some cancers, including kidney
and testicular cancer, fertility and
thyroid problems, and other health
effects.
are seeking to reopen the settlements,
while other lawsuits go forth.
A class action filed in September
by Dutch lawyers against DuPont
and Chemours accuses them of de-
cades of pollution at a plant south of
Rotterdam. Late last year, the city of
Wausau, Wis., filed a suit against 15
manufacturers and 61 insurance com-
panies alleging contamination of the
16
groundwater.
“Unlike asbestos and tobacco,
PFAS touches almost every segment
of humanity. It is in all of us; it’s even
in the polar bears,” says attorney
Michael London with law firm Doug-
las & London, who is leading several
of the class action cases.
3M said the 2023 settlement
wasn’t an admission of liability, but
CEO Mike Roman called the agree-
ment an “important step forward”
for the company. DuPont and its
spinoffs Chemours and Corteva
have said they “deny the allegations
in the underlying litigation.”
Some types of PFAS were elimi-
nated decades ago, but manufactur-
ers are now phasing out more. 3M
says it will stop making PFAS by the
end of 2025 and recently told inves-
tors that manufacturing volumes
are down 20%, citing “very good
progress.” DuPont says it has phased
out long-chain PFAS and replaced
PFAS in firefighting foams with
alternatives.
Other companies are getting rid
of the chemicals, too. Restaurant
Brands International, which owns
Burger King, Popeyes, and Tim Hor-
tons, said it would ban PFAS in food
packaging globally by 2025. Outdoor-
gear retailer Patagonia has pledged
to eliminate PFAS across its entire
product line by 2025.
Completely eliminating PFAS isn’t
likely, however, because they remain
essential to some types of manufac-
turing. Cutting PFAS out of micro-
chip production, for example, would
require manufacturers to come up
with a whole new class of chemicals
and revamp production processes.
Contaminated drinking water
remains a problem. Nearly half of
the nation’s tap water is estimated
to have one or more types of PFAS.
Contamination has come from
decadeslong use of PFAS in fire-
fighting foam. The chemicals have
also leached into water supplies
from landfills, wastewater-treatment
plants, and manufacturing sites.
The European Union is now con-
sidering a ban on the production and
importation of about 10,000 PFAS
across the bloc, with a possible vote
in 2025. In the U.S., the EPA has pro-
posed rules that would require water
utilities to filter out certain PFAS.
Ten states have established enforce-
able stands on PFAS in drinking wa-
ter, while 13 more have adopted guid-
ance levels, according to Safer States,
an environmental advocacy group.
The EPA is also expected to
designate PFAS variants, PFOA and
PFOS, as “hazardous substances”
under the Comprehensive Environ-
mental Response, Compensation, and
Liability Act, or Cercla, informally
known as the Superfund bill, some-
time this year. This would give the
BARRON’S
Chemical Cleanup Stocks
These companies generate some of their revenue from
PFAS remediation.
Recent YTD Market Value
Company / Ticker Price Change (billion)
Aecom / ACM $89.74 -2.9% $12.2
Montrose Environmental
38.23 19.0 1.2
Group / MEG
Republic Services / RSG 183.85 11.5 57.8
Xylem / XYL 127.86 11.8 30.9
Note: E=estimate; N/A=not applicable Source: FactSet
agency more authority and tools to
hold polluters accountable for clean-
ing up contamination and recover
costs from responsible parties. In
February, the agency proposed add-
ing nine PFAS to its list of “hazard-
ous constituents.” The rule is in a
comment period through April 8.
Billions of dollars are flowing for
cleanups. Congress has set aside $9
billion to address PFAS-contaminated
drinking water. Analysts say new
regulations and federal funding,
along with consumer awareness and
more lawsuits, will boost demand for
testing and remediation.
It will be a herculean task. A
recent study found that 57,412 sites
across the U.S., including 519 major
A Xylem technician airports, are probably contaminated
deploys a SmartBall, with PFAS. Global Infrastructure
which can geolocate
leaks in drinking- consulting firm Aecom pegs the U.S.
water pipes. remediation opportunity at about
$200 billion, and the global market
at $250 billion. “Without a doubt, the
regulatory setting provides the tail-
wind,” Lara Poloni, Aecom’s presi-
dent, tells Barron’s.
Profiting From the Cleanup
Companies involved in cleanup ef-
forts span three broad areas: testing
and removing PFAS from drinking
water, remediating soil and landfills,
and providing consulting services,
including assessing regulations and
compliance risk. While there aren’t
many pure-play companies, several
firms provide testing, monitoring,
and remediation services as part of
a broader business.
On the water side, proposed EPA
rules set the bar for PFAS incredibly
low. The EPA wants a limit for PFOA
and PFOS at four parts per trillion
each in public drinking water—
equivalent to one drop in six Olympic-
size pools, according to Agilent’s Anu-
mol. That is far lower than the EPA’s
maximum level for arsenic in drinking
water, at 10 parts per billion.
March 11, 2024
The American Water Works Associ-
ation, an industry trade group, esti-
mates that at least 5,000 water utilities
2024E will have to install advanced treatment
P/E systems or find new water sources,
18.9 while an additional 2,500 will need
costly overhauls or upgrades to filtra-
N/A tion systems. According to a report
30.0
commissioned by AWWA, water utili-
ties will need to invest more than $50
30.4
billion in treatment technology over the
next 20 years to comply with new
PFAS standards. If PFOA and PFOS
are designated hazardous substances, it
could add $3.5 billion a year in disposal
costs.
Deane Dray, a managing director at
RBC Capital Markets, says Xylem is
his top pick in the water sector. Last
year, the firm acquired Evoqua,
a leader in remediation of emerging
contaminants, including PFAS. Xylem
has worked with municipalities across
the country and offers a variety of
PFAS treatment technologies, includ-
ing granular activated carbon, or
GAC, which is like a giant Brita filter
for municipal system, notes invest-
ment banking firm William Blair in
an extensive report on forever chemi-
cals published last year.
“PFAS is going to be one of the
growth drivers for the company,”
Dray says. “The floodgates will open
with [water] utilities that are going to
raise their hand and say, ‘We are over
the limits, we need help, we need
remediation.’ ”
Xylem—a Barron’s stock pick in
2023—will be a winner, says Dray,
because “there will be more demand
over the near term than the industry
can satisfy.” The company is expected
to book sales of $8.5 billion in 2024
with $988 million in net income, up
20% from last year.
Shares trade around $128, up 12%
this year. At a price/earnings ratio of 27
times 2025 earnings, it looks pricey
and will have to live up to growth fore-
casts. Dray says the high multiple is
warranted, partly because of a tailwind
from PFAS services; he sees the stock
reaching $145 over the next year.
On the waste-removal side, there’s
an “arms race” for companies to safely
Pascal Guyot/ AFP via Getty Images
transport or destroy PFAS on contam-
inated sites, says Dray. After the
chemicals have been separated from
the water, the hazardous material has
to go somewhere, and burning or
burying is problematic. PFAS that are
incinerated can rejoin air, and burial
may not stop them from leaching into
groundwater; incinerating is energy-
March 11, 2024
intensive and can release harmful
chemicals into the environment.
One company with a promising
PFAS destruction offering is pri-
vately held Aclarity. CEO Julie Bliss
Mullen says the company has devel-
oped a very low-energy system that
uses electrochemical oxidation to
break PFAS bonds on-site, prevent-
ing the concentration and movement
of PFAS from landfills and other
sites. Dray says Aclarity is the fur-
thest along with a scalable solution
to destroy PFAS. “Even though it’s
a private company, investors should
be keeping an eye on where this
company is going,” he adds.
One of its rivals for on-site de-
struction is Aecom, which has been
tackling PFAS for more than two
decades. Aecom’s technology, called
De-Flouro, destroys the compounds
in industrial waste and water
through electrochemical oxidation.
The company says PFAS water ser-
vices account for 1% of revenue, but
over the next 10 years it believes that
it will “benefit from $10 billion of
PFAS gross revenue opportunity,”
according to Poloni, with the vast
majority of revenue coming from
its consulting services.
Aecom’s revenue is estimated at
$15.6 billion this year, and shares
trade for 17 times 2025 earnings, a
roughly 15% discount to the market,
based on consensus estimate. The
stock also looks inexpensive with
a price to earnings-growth, or PEG,
ratio of one. According to FactSet,
analysts on average see the price
rising to about $105 over the coming
year, from recent prices around $90,
for a gain of about 16%.
Another way to play the cleanup
opportunity is Montrose Environ-
mental. The company sells testing,
monitoring, and environmental con-
sulting services, including a business
for PFAS. CEO Vijay Manthripragada
says the firm has developed unique
ways and patents to remove and con-
centrate PFAS waste. “We help pre-
vent the need to actually transport,
bury, or burn the waste. That has
been really compelling for a lot of
our industrial clients,” he explains.
PFAS remediation services should
make up about 12% of Montrose’s
$700 million in projected revenue
this year. Tim Mulrooney, lead ana-
lyst for global services at William
Blair, sees it as a major growth driver,
expecting it to be “several multiples”
of current revenue in a few years.
BARRON’S 17
“My investment thesis is simple,”
he explains. “Montrose is small. The
PFAS market is going to be very, very
big. And Montrose has a better
mousetrap for certain applications.”
One opportunity lies in a push to
eliminate heavily contaminated sites
where PFAS could be as high as 2,000
or 3,000 parts per trillion, Mulrooney
says. That’s where the company’s tech-
nology “really shines,” he adds, “and
where I think Montrose has a leg up
against many competitors.”
Another fan of the stock is Randy
Gwirtzman, portfolio manager of the
small-cap Baron Discovery mutual
fund. Montrose is a “one-stop shop”
because it covers the full spectrum
of services, he says. “Montrose fit the
mold of what we like: a strong man-
agement team, strong organic revenue
growth in a fragmented industry that
can be consolidated, leading to higher
overall growth,” says Gwirtzman.
Waste removal could see higher
demand, benefiting Republic Ser-
vices. The company mainly does
recycling and solid waste removal,
but it also owns five hazardous-waste
facilities that could benefit from
PFAS cleanup. It acquired an envi-
ronmental solutions company, US
Ecology, in 2022. “That put us from
the back seat into the driver’s seat in
terms of taking care of [PFAS],” says
Jon Vander Ark, Republic’s CEO.
   
Republic doesn’t break out PFAS
services as a revenue segment, and
      
it remains a small part of the firm’s
estimated $16 billion in sales this
year. But Vander Ark says there’s        
a “good pipeline in 2024,” fueled by          
corporate demand for cleanups ahead
of new EPA rules, and some Depart-             
ment of Defense work. “This year, it          
will be comfortably in the nine fig-
ures, and we think over time it could      
be a $1 billion-plus opportunity,” he
tells Barron’s.
Other growth drivers for Republic
include renewable gas projects, envi-
ronmental services, and digital plat-
forms to improve productivity and
margins.
It all makes for an expensive stock
at 31 times estimated earnings of
$5.99 per share in 2024. And Repub-
lic has already notched big gains,
including a 43% rise last year. But
the stock has long been pricey while
managing to outperform the S&P              
500 index by an average 4% over     
the past five years. Helping get rid
of forever chemicals could keep
Republic shares moving up. B               !
18 BARRON’S March 11, 2024

T
he story that
investors are
telling them-
selves has
changed, and
the stocks that
rise most are
changing with
it. But one
thing has stayed the same: It’s still a
bull market.
Sure, the S&P 500 index has ral-
lied 130% since March 2020 to a re-
cord-high, and now fetches 21 times
expected earnings over the coming
year, which isn’t exactly cheap. Yes,
the past year’s gains owed primarily to
the outperformance of a mere seven
“magnificent” stocks. And who on
Wall Street doesn’t know by now that
the Federal Reserve will delay cutting
interest rates until officials are con-
vinced that inflation has been suffi-
ciently subdued?
These factors, and others, leave the
market vulnerable to a near-term cor-
rection, defined as a drop of 10%. Af-
ter all, stocks have averaged one cor-
rection a year all the way back to 1929,
and the next is overdue.
If we get one, it will be an invitation
to buy. The best case for the stock
market’s continued gains no longer
depends on Fed rate cuts, but rests on
the outlook for a strong economy,
which will generate more earnings
growth for more companies, allowing
the rally to broaden.
“A good economy is good for earn-
ings, full stop,” says Andrew Slim-
SIZING UP THE BULL MARKET mon, a portfolio manager at Morgan
Stanley Investment Management. It
also means the Fed can takes its time

This Bull Run Has

lowering rates. “If the Fed was about
to cut [rates], I would have to worry
about an economic slowdown that
jeopardizes the likelihood of the earn-
ings growth we expect,” he added.
The economy isn’t showing many

Longer to Run
signs of a slowdown. U.S. real gross
domestic product grew by 2.5% in
2023, silencing a chorus of skeptics
who had called for a recession, or
worse—like a full-blown banking cri-
sis. GDP is on track to grow another
2.1% this year, and then downshift to
1.7% in 2025, based on the consensus
estimates of economists tracked by
Hope for interest-rate cuts has been replaced by stronger economic growth as fuel for stocks. Bloomberg.
But economists may still be under-
estimating the strength of the U.S.
economy. The Citi Economic Surprise
BY NI CHOL AS JASI NSK I Index, which measures actual U.S.
economic data relative to consensus
estimates, has been rising steadily
 March 11, 2024 BARRON’S 19

since early this year, indicating that
the economy’s performance continues
to exceed expectations.
There is also ample earnings
growth in the pipeline: Wall Street
analysts are forecasting 11% earnings
growth this year for S&P 500 compa-
nies, after gains of just 2% in 2023.
Next year, the consensus call is for a
gain of 13%, hardly the stuff of which
bear markets are made.
In recent years, investors have
disproportionately rewarded the
market’s largest companies, leading
to outsize gains for the so-called
Magnificent Seven—a group of fast-
growing technology companies that
includes Alphabet, Amazon.com,
The Invesco S&P 500 Equal
Weight exchange-traded fund (ticker:
RSP) has lagged behind far behind the
S&P 500 over the past 12 months,
with a gain of just 13%. Even so, the
index hit a record on March 7. The
equal-weighted index last outper-
formed the market-weighted version
in 2022, when rising interest rates
held back megacap growth stocks.
A reshuffling is happening even at
the top of the S&P 500, with Micro-
soft now the largest company in the
index, Nvidia climbing to No. 3, and
Tesla dropping out of the top 10 alto-
gether. Berkshire Hathaway is now
the seventh largest.
Look on the Bright Side monetary policy. Employment re-
Economists have been too pessimistic about U.S. economic mains near historic lows, hiring is still
growth. strong, and wages have been rising,
Change in U.S. real GDP, seasonally adjusted annualized rate helping to fuel continued consumer
Consensus estimate Actual spending.
6% Plus, fiscal policy remains stimula-
4.9% tive: The federal government is pro-
4 jecting a $1.5 trillion deficit in the fis-
3.0% 3.2%
2.2% 2.5% cal year ending on Sept. 30, equal to
2 2.1%
about 5% of GDP. And, corporate
0.0% 0.2% 0.5% 0.5% profits are at record highs.
0
Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024
“If the Fed is really as data depen-
dent as it says, there is no good reason
Note: First-quarter 2024 Actual is Atlanta Federal Reserve GDPNow forecast; estimate as
of first day of each quarter. for a rate cut at all,” says Edward
Sources: Bloomberg, Bureau of Economic Analysis Yardeni, president of Yardeni Re-
search. “Even productivity growth has
made a comeback, which suggests the
Balancing Out economy can continue to grow with a

R
Apple, Meta Platforms, Microsoft, otations can leave the market Earnings growth of the Magnificent Seven and the rest of the higher fed-funds rate.”
Nvidia, and Tesla. The Magnificent vulnerable, especially after S&P 500 should be equal by the end of the year.

Seven’s earnings growth far sur-
passed that of the average S&P 500
component in 2023, while the stocks’
gains accounted for more than two-
thirds of the index’s 24% advance last
year.
The Mag Seven are world leaders in
artificial intelligence, cloud comput-
ing, and other technologies of the fu-
ture, with plenty of earnings growth
ahead. But their stocks’ lead could
diminish this year as economic
growth enhances the earnings power
of the rest of the market. Analysts are
forecasting the same earnings growth
rate from the Magnificent Seven and
the remaining S&P 493 by the fourth
quarter.
What’s more, the benefits of AI and
other technologies eventually will
accrue to companies far beyond Mi-
crosoft, Nvidia, and their ilk, includ-
ing companies with less demanding
valuations.
Given the mismatch in valuations
between the best performers and the
rest, now would be a good time to lean
into cheaper areas of the market that
will benefit from a rising economic
tide. That would include more-cyclical
and value-oriented stocks, and sectors
such as industrials, energy, and finan-
cials.
“A solid economy and sticky infla-
tion will mean that some of the high
[price/earnings multiple] megacap
growth stocks top out and the market
broadens out,” says Barry Bannister,
Illustration by Carl Godfrey
long rallies. As of March 1,
the S&P 500 had climbed in
16 of the prior 18 weeks—the first time
that happened in 53 years, according
to Deutsche Bank’s Jim Reid. That fact
alone doesn’t mean a pullback is in the
offing, but there are several catalysts
that could send stocks lower in com-
ing weeks.
The release of the consumer price
index reading for February, scheduled
for March 12, is one. A too-hot report
following January’s higher-than-ex-
pected inflation data would force a
further rethink of the Fed’s rate-cut-
ting plans, probably pushing the first
expected interest-rate cut into the
year’s second half. Bond yields could
jump, weighing on highflying stocks.
The 10-year U.S. Treasury note yield
was recently at 4.1%, down from 4.3%
in mid-February and nearly 5% in late
October.
“The balance of risks is skewed
toward higher yields,” says Evan
Brown, head of multi-asset strategy at
UBS Asset Management. “But what
we’re seeing is an economy that’s in
good shape and can withstand higher
yields, even if a jump in yields can be
a short-term headwind for equity [val-
uation] multiples.”
Futures-market pricing currently
has Fed officials beginning to lower
interest rates at the June Federal
WHAT’S INSIDE
B
Y/Y EPS Growth Consensus Estimate ut what about the stock mar-
Magnificent Seven S&P 493 ket’s pricey valuation? The
S&P 500 is more expensive
40% 38%
than average, based on 19 of
23% the 20 metrics tracked by Savita Sub-
20
12% 13% 13% ramanian, head of U.S. equity and
5% 6% quantitative strategy at BofA Securi-
0 ties. Its trailing price/earnings ratio is
−2% in the 95th percentile of historical
−20 readings. The index’s long-term aver-
Q1 2024 Q2 2024 Q3 2024 Q4 2024 age forward P/E is 16, versus today’s
Sources: FactSet, BofA Securities 21 times.
Except that valuation isn’t a cata-
lyst for a rally or a rout, says Subra-
Closing the Gap manian, at least not in the short term.
The equal-weighted S&P 500 still has room to run relative to Besides, a combination of better earn-
the market-cap-weighted version of the index. ings, profit-margin expansion, and
S&P 500 Index S&P 500 Equal Weight Index structural changes to the companies
40% that make up the S&P 500 might well
30
support a P/E that’s higher than the
historical average.
20 “Forty years ago, around 70% of the
10 benchmark was in asset-intensive sec-
tors like manufacturing, financials, and
0
real estate,” says Subramanian. “Today,
−10 50% [of the index] is in asset-light,
April July Oct. Jan. April July Oct. Jan. April July Oct. Jan. innovation-oriented stocks, mostly in
2021 2022 2023 2024 tech and healthcare. It’s a reason to
Source: FactSet reconsider the overall valuation.”
Subramanian raised her year-end
target for the S&P 500 on March 4 to
Open Market Committee meeting, 5400 from a prior 5000, which im-
according to the CME FedWatch plies a gain of 5.4% from Friday’s 5123,
Tool, on the way to a total of four and a full-year gain of 13%. She fore-
quarter-point cuts in 2024. That’s sees a potential pullback in the near
two fewer cuts, starting two meetings term, or around the November elec-
later, than markets were pricing in at tion, but expects buyers to swoop in
the start of this year, and a quarter- before too long.

chief equity strategist at Stifel.
The S&P 500 Equal Weight In-
dex is one way to play this theme; it
weights all S&P companies alike, as its
name suggests, while the S&P 500’s
capitalization-weighted construction
favors the market’s biggest names.
Some Stocks are Looking Very Pricey
Why Chart Watchers Are Worried
PLUS
Q&A: David Kelly of J.P. Morgan Asset Management
Other Voices: Burton Malkiel, Author, on Tech Stocks
point more of easing than the median
P.20
estimate penciled in by policy makers
P.22
in December, the last time the FOMC
issued projections.
P.26 The Fed is effectively on hold, and
P.54 recent data hardly suggest an econ-
omy in need of a kick from easier
Richard Bernstein, CEO and chief
investment officer of Richard Bern-
stein Advisors, sees the potential for
big gains this year beyond the mar-
ket’s current leaders. “If you have a
stronger economy and the Fed is on
hold, the headline S&P 500 doesn’t do
20 BARRON’S March 11, 2024

an awful lot,” Bernstein says. “But the

rotation within the stock market
would be tremendous, with money
moving out of the Magnificent Seven
into other categories.”
Bernstein favors small-cap stocks
and more-cyclical sectors, particu-
larly industrials. They are beneficia-
ries not only of stronger economic
growth but also heavy government
and corporate spending on infra-
structure, the energy transition, and
reshoring, or moving supply chains
closer to home.
Stifel’s Bannister recommends that
investors increase their exposure to
more-cyclical sectors, as well, includ-
ing banks, energy, and transportation
companies. Large U.S. bank stocks
like JPMorgan Chase and Wells
Fargo have rallied to 52-week highs.
S&P 500 industrial-sector stocks are
up 7% in a month.
And Edson “Ted” Bridges, CEO
and CIO of Bridges Investment Man-
agement, is looking for opportunities
among mid- and smaller-cap compa-
nies, whose valuations are lower than
those of large-caps. In particular, he Nealy, the former CEO of Sun Micro-
likes the prospects for Copart, which SIZING UP THE BULL MARKET systems, said 20 years ago, “At 10 times
runs automotive auctions, and Cintas, revenue, to give you a 10-year payback,
a supplier of uniforms and office- I have to pay you 100% of revenue for

The Priciest
cleaning products. 10 straight years in dividends.”
“The valuation disparity is so sig- That theoretical exercise isn’t really
nificant that there is a better chance feasible, because companies have sig-
for higher returns down-market, nificant costs and can return only a
where you can still find plenty of prof- fraction of revenue to investors annu-

itable, competitively advantaged busi-
nesses,” Bridges says.
Keith Lerner, co-CIO of Truist Ad-
visory Services, isn’t backing away
from tech, even if the group appears
extended after recent gains. He also
recommends financials and con-
sumer-discretionary stocks on the
Certain stocks have hit valuations that will be hard to
premise that a strong economy and
labor market will continue to support
consumer balance sheets and spend-
ing.
With U.S. stock indexes at record
highs, valuations appearing stretched,
and leadership narrow, investors have
ample cause to be skeptical about the
Stocks
ally. McNealy’s point was that at high
valuations, investors are relying on
long payback periods to justify their
holdings.
That 10 times sales level now is
widely breached as favored growth
stocks regularly trade for close to 20
times sales. Some 10% of companies
sustain. It isn’t just tech companies. in the Russell 1,000 index trade for 10
times sales or more.
It isn’t just tech companies. The five
companies with the highest price/
BY ANDREW BARY sales ratios in the S&P 500 index that
have market values of $50 billion or
more include Visa, Eli Lilly, and ro-
botic-surgery leader Intuitive Surgi-

prospects for more near-term gains,
even with some $6 trillion in cash
sitting on the market’s sidelines, wait-
ing to be deployed. And that’s before
considering geopolitical risks or up-
heaval surrounding the U.S. presiden-
tial election.
But good news about the economy is
good news again, and corporate funda-
mentals are back in the driver’s seat.
All of that is more than enough reason
to stay invested—and bullish. B
I
t’s getting to be a silly season
for certain stocks.
The technology stocks pro-
pelling the S&P 500 have
raced ahead while leaving
much of the rest of the market
behind. Valuations on the
priciest tech stocks based on profits
and sales are approaching the peak
values reached in late 2021, before the
big Nasdaq selloff in 2022.
Companies such as Cadence De-
sign Systems, Cloudflare, and
Nvidia trade for nearly 20 times pro-
jected 2024 sales, a calculation based
on market value divided by estimated
revenue. Even Microsoft, the world’s
largest company at $3 trillion, is valued
at more than 10 times estimated sales
in its current fiscal year ending in June.
Once upon a time, 10 times sales
was viewed as pricey. As Scott Mc-
cal. Arm Holdings, Wingstop,
Costco Wholesale, and WD-40 also
trade at nosebleed multiples.
Lofty valuations haven’t kept many
of these stocks from making huge
gains. Nvidia has more than tripled in
the past year despite a consistently
high price/sales ratio as revenue and
earnings have blown past estimates.
The same has been true for Lilly as
investors ratchet up their expectations
for its diet drugs for the rest of the
 March 11, 2024
decade.
But the risk of owning highfliers
was illustrated by the recent drop in
Snowflake, the hot data-aggregation
software company that has had one of
the loftiest valuations of any sizable
public company since it went public in
2020. Its stock is down over 25% to
$163 since late February, when it re-
leased mildly disappointing financial
guidance for 2024. When a stock
trades for almost 20 times sales and
for well over 100 times earnings, it’s
vulnerable even to a small miss.
Some of these companies don’t look
ridiculously expensive on other multi-
ples. Nvidia, for one, trades for 36
times projected earnings in its January
2025 fiscal year. The discrepancy be-
tween the two multiples is due to
shortages of its chips used to power
artificial-intelligence applications, a
situation that helped Nvidia’s net mar-
gins—net income divided by sales—hit
56% in the latest quarter. That
trounces Apple’s 25% and the average
company in the S&P 500’s 10%, and
is closer to Visa and Mastercard,
quasi-monopolies that have consis-
tently had some of the highest net
margins in the S&P 500. Visa trades
at 28 times forward earnings.
The issues for Nvidia are its reve-
nue growth—Wall Street expects a
slowdown to 20% in 2025—and the
sustainability of its margins, which
have more than doubled in the past
year. Those risks don’t seem to be re-
flected in the stock, which gained 10%
during the past week to $900 after
hitting another record high. The stock
is up 80% this year and is valued at
$2.3 trillion.
ARK Investment chief Cathie Wood
warned about Nvidia this past week.
In a letter posted on her firm’s web-
site, she cited Nvidia’s guidance for
“sequential” deceleration in growth,
and falling lead times for its process-
ing chips, to three to four months
from eight to 11 months. “Without an
explosion in software revenue to jus-
tify the overbuilding of GPU capacity,
we would not be surprised to see a
pause in spending, compounding a
correction in excess inventories, par-
Illustration by Adrián A. Astorgano
ticularly among the cloud customers
that account for more than half of
Nvidia’s data center sales,” she wrote.
Lilly, whose shares are up 150% in
the past year to $765, is being valued
on late 2020s earnings, given the
growth potential for its GLP-1 diet
drugs Mounjaro and Zepbound and
its current inability to meet demand.
Lilly is expected to earn about $12 a
share this year, rising to $18 in 2025
and $30 a share in 2027, leaving it
trading at about 25 projected 2027
earnings. Its reliance on diet drugs,
however, makes it vulnerable to unex-
pected side effects from the medicines,
other setbacks, and competitive
threats.
C
ompanies don’t need to be
caught up in the AI or
weight-loss hype to earn
extreme valuations. Restau-
rants often carry above-market P/Es—
McDonald’s trades for 23 times pro-
jected 2024 earnings—but Wingstop
is in a class by itself. The chain is val-
ued at nearly 20 times projected 2024
sales and over 100 times earnings.
That’s a high valuation for a company
that is expected to grow profits and
revenue by about 25% in each of the
next two years.
Costco Wholesale’s popularity with
investors has never been higher, and
its valuation shows it. The stock, at
around $730, is up 50% in the past
year and now trades for 45 times pro-
jected profits in its fiscal year ending
in August. Costco is a great business,
with a fanatically loyal customer base
that renews memberships at a 90%
annual rate and a “wide moat” due to
rock-bottom prices. But the stock his-
torically has traded at 35 times for-
ward earnings. A P/E of 45 is a lot to
pay for a company with low-double-
digit projected earnings growth in the
Luxury Prices
The market’s rally has left some stocks looking very, very expensive.
S&P 500 Companies
Company /
Ticker
Nvidia / NVDA*
Cadence Design
Systems / CDNS
Eli Lilly / LLY
Intuitive Surgical / ISRG
Visa / V**
Other companies
Company /
Ticker
Arm Holdings / ARM***
Wingstop / WING
Snowflake / SNOW*
WD-40 / WDFC*****
Costco Wholesale / COST*****
Note: E=estimate; *Estimates for fiscal year ending Jan. 2025; **Estimates for fiscal year ending Sept. 2024; ***Estimates for fiscal year ending
March 2025; ****Price change since Sept. 13, 2023 initial public offering; *****Estimates for fiscal year ending Aug. 2024
Source: Bloomberg
BARRON’S 21
next two years. The stock fell 7% this measure that excludes significant em-
past week after a mild earnings miss ployee stock compensation. It is these
in its quarter that ended in mid-Feb- earnings figures—and not those con-
ruary. The company’s sales were up sistent with generally accepted ac-
about 6% in the quarter and 5% in the counting principles—that the analysts
first six months of its fiscal year—nor- regularly cite, even though the compa-
mally not the stuff of 45-multiple nies do produce GAAP figures that
stocks. properly include stock compensation.
Then there are oddball situations Stock compensation is a real ex-
like WD-40, the lubricant maker. Its pense, as Berkshire Hathaway CEO
stock trades at around $250, or 50 Warren Buffett and others regularly
times projected earnings in its fiscal point out. But tech companies con-
year ending in August. This is high for tinue to produce a blizzard of profit
a company that isn’t growing rapidly. measures that exclude it, including
Earnings this year are expected to be adjusted net income, “free cash flow,”
up about 7% to $5 a share, about equal and adjusted earnings before interest,
to what it earned two years ago. taxes, depreciation, and amortization.
The award for most expensive A range of companies report these
stock, though, may go to Arm Hold- inflated, non-GAAP earnings mea-
ings, the chip design company that sures, including Tesla, Nvidia, Sales-
went public in late 2023. It trades at 35 force, and Oracle. The gap between
times sales based on projected reve- non-GAAP and GAAP earnings var-
nue in its March 2025 fiscal year. The ies—it’s higher for software companies
company has an attractive, capital- like Snowflake and lower for Nvidia.
light chip design business and re- For Nvidia, the gap was around $1 a
ported strong results for the Decem- share last year, when its non-GAAP
ber quarter. But its valuation is off the earnings were around $13 a share.
charts based both on sales and earn- Tesla had $3.12 a share in non-GAAP
ings, with the stock trading for 90 earnings last year, but profits includ-
times projected earnings of $1.50 a ing stock comp were $2.60 a share.
share. And that earnings figure ex- Snowflake reported a $1 a share non-
cludes sizable stock-based compensa- GAAP profit last year, but it was un-
tion. Arm’s thin float, at just 10% of its profitable on a GAAP basis.
stock outstanding, may be contribut- It’s appropriate to make some ad-
ing to the valuation. justments to GAAP earnings, such as
Many of these companies, especially adding back noncash goodwill amorti-
those in the tech sector, are even more zation—something Buffett supports—
expensive than they look because they but not stock compensation, especially
continue to emphasize an earnings since most stock compensation is
cash-like, restricted stock that is rou-
tinely monetized by employees. Not
surprisingly, many tech companies are
generous with stock compensation
because it becomes a costless expense
Recent 52-Week Market Value 2024E 2024E in non-GAAP earnings.
Price Change (billion) Price/Sales P/E Tech bulls would acknowledge this
$859.64 259.8% $2,150 19.6 35.1 issue but say that focusing on it would
307.70 56.6 83.8 18.2 51.9
have caused investors to stay away
from stocks like Amazon.com that
777.59 144.2 738.8 17.9 62.2 have produced enormous gains. But
not every tech company relies on non-
387.32 64.9 136.5 17.1 62.5
GAAP earnings. Some, including Ap-
279.38 24.9 575.8 16.0 28.1
ple, Microsoft, Meta Platforms, and
Alphabet, emphasize or only report
GAAP earnings. This shows that ac-
Recent 52-Week Market Value 2024E 2024E
Price Change (billion) Price/Sales P/E counting games aren’t needed to suc-
$134.07 162.9%**** $137.7 34.9 88.3
ceed in tech.
Investors should be careful about
264.94 110.3 10.7 19.4 123.1
comparing the P/Es of Apple and other
167.75 18.0 55.2 15.9 169.4 GAAP-focused companies to those that
258.12 49.2 3.5 6.1 50.4 emphasize non-GAAP earnings, be-
759.95 59.9 337.2 1.3 48.1 cause the true P/Es of the non-GAAP
companies are higher than they appear.
That’s a surefire way to look, well,
silly. B
22
SIZING UP THE BULL MARKET
Chart Watchers
Are Nervous.
How to Play a Dip.
Investors looking to put new money to work should
consider small-cap stocks.
BY JAC O B S O N E N S H I N E
N
obody wants to miss
out on more stock
gains, but market
technicians warn
that this isn’t the
time to chase the
S&P 500 higher.
The index could be set up for a drop
that becomes a buying opportunity.
Technicians, who look at charts for
information about where stocks or
indexes might be headed, are starting
to get nervous. While the S&P 500
has gained 25% since its low point in
October 2023—and left anyone call-
ing for a selloff looking foolish—the
index appears to have come too far,
too fast.
It now sits 12% above its 200-day
moving average, more than the 9%
seen at the start of 2022, just before
the market plummeted. That leaves
the index looking “stretched,” says
John Roque, head of technical strategy
at 22V Research. “We’re overbought,
so a corrective phase can happen here
without a doubt.”
Worse still, the recent rally looks
to be running out of steam. The S&P
500 didn’t do much during the past
week, though it did close at a record
high this past Thursday. It has also
been experiencing days like Monday
and Tuesday, when it dropped de-
spite a lack of news—economic, cor-
porate, or otherwise.
Nor have there been sudden moves
in yields or the dollar to blame. In-
stead, it seems to be a case of inves-
tors deciding that it’s a good time to
take profits on stocks that have run
up a lot already.
“The S&P 500 is showing signs of
upside exhaustion,” writes Katie Stock-
ton, founder of Fairlead Strategies.
Of course, betting on a pullback has
been a losing proposition over the past
four months and change. The S&P 500
has hit 16 new highs since Nov. 1, and
recent dips have been buying opportu-
nities. Also, the VIX has been sending
a message of calm. The Cboe Volatility
Index, a measure of the future volatility
expectations pulled from the options
market, was recently at 14.29, up from
a low of 12.07 on Dec. 12, but still below
the long-term average of just over 19.
“Breakouts work when two-way vola-
tility is low,” says CappThesis founder
Frank Cappelleri.
Still, a correction is starting to look
more likely. The drop on Tuesday was
broadly based, notes Craig Johnson,
chief market technician at Piper Sand-
ler. Declines outnumbered advances
by 1.4 to 1 on the New York Stock Ex-
change and by 1.8 to 1 on the Nasdaq,
while more than 50% of stocks are
BARRON’S March 11, 2024
currently in downtrends. A Long Way Up
“The weakening of internals and The S&P 500 index trades well above its long-term average
breadth, combined with recent over- and could be due for a pullback.
bought conditions, suggest that the S&P 500 200-Day Moving Average
market is overdue for a pullback or
5000
consolidation,” explains Johnson, who
notes that it’s “not a bearish call but
rather a needed reality check for ex-
tended stocks and indexes.” 4500
Such a correction should turn out
to be fairly mild. The index has seen
six minor dips ranging from 1.7% to
5.8% since this past October—the last 4000
time the S&P 500 suffered a decline of
10% or more—and each time buyers
have come in quickly to move the mar-
3500
ket higher. For a warning that a more
severe decline is coming, watch the April Jan. Jan. Jan.
index’s 20-day moving average, now at 2021 2022 2023 2024
5046.95. If it starts to drop, it would Source: FactSet
mean that selling is picking up mo-
mentum, Stockton says.
Early Warnings
O
If the 20-day moving average starts to fall, the S&P 500 could
nce the S&P 500 drops,
the technicians will be be set up for a bigger drop.
looking for where it finds S&P 500 (closing price) 20-Day Moving Average
“support,” a level where
5200
buyers may come in to make new pur-
chases, keeping shares from falling
5000
further. The first support would be
around 4800, near the intraday high 4800
of 4818 that the index hit in January
2022 before dropping. 4600
If that level holds, the index should
start moving higher again, says 22V’s 4400
Roque. But if it breaks? The S&P 500
would probably be headed for 4600, 4200
down 9.4% from Thursday’s close.
4000
That would probably be the time to
start buying, says Roque. Oct. Nov. Dec. Jan. Feb. March
2023 2024
Investors looking to put new
money to work now should consider Source: FactSet
small-capitalization stocks. The S&P
500 trades at 3.9 times the price of
the S&P Small Cap 600 index, which When the Bough Breaks
closed at 1312 on Thursday. That’s If the S&P 500 starts dropping, investors should look for
above a level that has signaled small- "support" near 4800 and 4600.
cap outperformance in the year
5200
ahead, according to a Barron’s analy-
sis, as small-caps have lagged behind 5000
the S&P 500 by 23 points over the
past year. 4800 Support 1
The last time the S&P 500 price
was 3.9 or more times the S&P 600, 4600 Support 2
was in select instances from March
2020 through September 2020. No 4400
matter whether investors bought
small-caps at the first instance or the 4200
last, small-caps outperformed over the
4000
following year, by as much as 64%
from March 2020, and by 29% from
3800
September of that year. “Small-caps
should do better in relative terms,” April July Oct. Jan.
2023 2024
says Fairlead’s Stockton.
At least that’s what the charts say. B Source: FactSet
March 11, 2024 BARRON’S 23

F UN DS
Scoreboard: Mixed Messages
Markets strapped on their seat belts. Stocks continue to rally, with the S&P 500 up 1.2%. But

The Allure of High-Yield precious metals funds, led by gold, gained a whopping 12.6%. China funds again fell, off 0.26%.

U.S. STOCK FUNDS

One Week
1.47%
Year-to-Date
6.93%

Municipal Bond Funds

TOP SECTOR / Precious Metals Equity Funds 12.06 – 3.24
BOTTOM SECTOR / China Region Funds – 0.26 – 3.43
S&P 500 1.20 8.12
U.S. BOND FUNDS 0.76 0.40
Bloomberg Barclays AGG Bond 1.07 – 0.65

The Week's Top 25

Fund Investment Objective One Week Year-to-Date
Midas Fund / MIDSX Precious Metals Eq 16.09% – 8.2%
Franklin Gld&Pr Mt A / FKRCX Precious Metals Eq 14.18% – 2.8%
BY LAUREN FOSTER are exempt from federal, and sometimes Amer Cent Gl Gold Inv / BGEIX Precious Metals Eq 14.18 – 1.8
state, taxes.

L
OCM Gold Atl / OCMAX Precious Metals Eq 12.93 – 1.2
Victory Prc Met&Min Fund / USAGX Precious Metals Eq 12.69 – 3.9
ooking for tax-free returns and BofA’s three top-rated muni bond ETFs— Sprott Gold Equity Inv / SGDLX Precious Metals Eq 12.45 0.4
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US Glbl Gold&PM / USERX Precious Metals Eq 12.07 – 1.4
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Rydex Precious Metls Inv / RYPMX Precious Metals Eq 11.68 – 6.7
According to BofA Securities, this is Nuveen Bloomberg High Yield Munici- EuroPac Gold A / EPGFX Precious Metals Eq 10.90 – 3.8
a great time to buy these bonds, which are pal Bond ETF (ticker: HYMB), VanEck Fidelity Adv Semicnd A / FELAX Science & Tech 10.18 32.5
First Eagle Gold I / FEGIX Precious Metals Eq 10.12 – 4.2
issued by turnpike authorities, hospitals, High Yield Muni (HYD), and First Trust US Glbl World PM / UNWPX Precious Metals Eq 10.00 – 9.0
and other state and local entities. Municipal High Income (FMHI). BofA Fidelity Sel Semicnd / FSELX Science & Tech 9.83 32.7
Rydex Electronics Inv / RYSIX Science & Tech 9.23 21.5
Jared Woodard, BofA’s head of calculates the tax-equivalent yields as 8.7%, ProFunds Btcn Str PF Inv / BTCFX Alt Currency Strat 9.00 58.4
IDX R-M Bitcoin Str Inst / BTIDX Alt Currency Strat 8.66 34.8
exchange-traded fund strategy, says high- 8.5%, and 6.3%, respectively. Upright Growth & Income / UPDDX Equity Income 8.01 23.9
yield munis have low default rates, with The $2.5 billion SPDR ETF has an ex- Needham Growth Instl / NEEIX Mid-Cap Core 7.74 32.4
Aegis Value I / AVALX Small-Cap Value 6.80 – 0.1
credit risk similar to that of investment- pense ratio of 0.35% and returned 7.73%, Victory Global En Tran Y / RSNYX GL Natural Resourc 6.68 3.4
grade corporate bonds. That means inves- on a total return basis, in 2023.
tors can harvest some of the highest muni The VanEck ETF, which has $2.9 billion The Week's Bottom 10
yields in recent history while keeping in assets and charges 0.32%, launched in Fund Investment
Baron Partners Fund Inst / BPTIX
Objective
Multi-Cap Growth
One Week
– 4.60
Year-to-Date
– 10.2
credit risk in check. 2009 and was the first high-yield muni Slk I NH Frontier Inst / FSNHX GL Sm/Mid-Cap – 3.96% – 12.8%
Firsthand Tech Opptys / TEFQX Science & Tech – 3.25 – 14.2
“High-yield munis offer 8% to 9% ETF to come to market, says Jim Colby, UBS All China Equity P2 / ACPTX China Region – 2.59 – 3.7
yields on a tax-adjusted basis, near the senior municipal strategist at VanEck. It Kinetics SO & CR Inst / LSHUX GL Sm/Mid-Cap – 2.51 – 1.8
Jacob Small Cap Gro Inst / JSIGX Small-Cap Growth – 2.39 0.8
highest levels since 2017, but with less was up 6.52% in 2023. Am Beacon ARK TI Y / ADNYX GL Science/Tech – 1.94 – 4.6
default risk than high-yield corporate While both of these funds are passive, Fidelity Sel Telecomm / FSTCX Telecommunication – 1.91 – 4.5
Jacob Internet Fund Inv / JAMFX Science & Tech – 1.71 0
bonds,” says Woodard. “You’re getting the $570 million First Trust ETF is actively Evolutionary Tree Ivtr I / INVNX Multi-Cap Growth – 1.68 8.5
more yield for less risk. That’s a pretty managed, with a higher expense ratio of
compelling place to be in fixed income.” 0.70%. It delivered total returns of 7.19% The Largest 25
Assets 3-Year* 1-Week YTD
Those yields are what someone in the top last year. Fund Investment (billions) Objective Return Return Return

income-tax bracket of 37% would need to Ryan Issakainen, ETF strategist at First American Funds Gro A / AGTHX $134.8 Large-Cap Growth 7.9% 1.89% 11.2%
Fidelity Contrafund / FCNTX $121.1 Large-Cap Core 13.4% 1.84% 16.8%
earn on fully taxable bonds to earn the same Trust Advisors, says the fund, which Fidelity SA US Tot Stk / FCTDX Multi-Cap Core 11.1 1.51 9.5
105.7
amount; municipal bonds are generally ex- launched in 2017, was the first active high- PIMCO Income Inst / PIMIX 85.1 Multi-Sector Inc 1.4 0.88 1.0
empt from federal income tax. The actual yield muni ETF in the U.S. “We want to American Funds ICA A / AIVSX 83.7 Large-Cap Core 12.6 1.54 8.4
American Funds Wash A / AWSHX 81.9 Large-Cap Value 12.4 1.57 7.2
yields on high-yield munis are closer to 4%. make sure that investors are being compen-
American Funds Inc A / AMECX 74.4 Mix Tgt All Mod 5.5 1.87 2.5
Woodard says that over the past year, sated for the level of risk they are taking, American Funds FInv A / ANCFX 69.3 Large-Cap Core 10.9 2.46 9.6
high-yield muni ETFs suffered outflows and that’s what active management allows Fidelity SA Core Inc / FIWGX 66.7 General Bond – 2.0 1.08 – 0.3
while investors poured money into long- you to do—to be more selective,” he says. American Funds EuPc R6 / RERGX 66.0 Intl Large-Cap Growth – 1.0 3.14 6.9
Dodge & Cox Stck I / DODGX 64.5 Multi-Cap Value 10.0 1.27 4.1
term Treasury bond ETFs. That may have Of course, investors looking for active Dodge & Cox Income I / DODIX 62.5 Core Bond – 1.2 1.12 – 0.2
been the wrong call. management can also find that in a tradi- American Funds CIB A / CAIBX 60.6 Global Equity Income 5.3 1.77 2.6
“We think it’s an extremely unattract- tional muni fund: the $15.2 billion Van- Fidelity Str Adv LgCp / FALCX 60.6 Large-Cap Core 12.4 1.42 9.5
American Funds NPer A / ANWPX 58.4 Global Large-Cap Growth 5.1 2.20 7.9
ive trade to sell the high-yielding, lower- guard High-Yield Tax-Exempt American Funds CWGI A / CWGIX 55.7 Global Large-Cap Core 6.2 2.50 7.2
duration asset—that is, lower risk of in- (VWALX), a Morningstar five-star, gold- JPMorgan LgCp Gro R6 / JLGMX 54.4 Large-Cap Growth 11.7 1.84 15.7
terest rates and inflation—in order to buy rated fund. It charges a razor-thin fee of Fidelity Blue Chip Gr / FBGRX 53.8 Large-Cap Growth 10.0 3.13 15.9
Fidelity Gro Company / FDGRX Large-Cap Growth 10.7 2.51 15.2
funds that give you less yield and have only 0.09%. In 2023, the fund was up 51.0
Fidelity Str Adv Cre Inc / FPCIX 46.2 General Bond – 2.5 1.10 – 0.2
more risk from inflation,” he says. 8.44% on a total return basis, trouncing American Funds Gro R6 / RGAGX 43.6 Large-Cap Growth 8.2 1.90 11.3
With tax day a month away, it’s worth 92% of its category peers. Baird Aggregate Bd Inst / BAGIX 43.2 Core Bond – 2.5 1.03 – 0.4
considering potential tax drags on your “High-yield is a very diverse market, and PIMCO Tot Rtn Inst / PTTRX 42.7 Core Plus Bond – 2.5 1.14 0.0
Dodge & Cox Stck X / DOXGX 39.8 Multi-Cap Value 0 1.27 4.1
portfolio. Corporate-bond coupon pay- you have to be selective,” says Nathan Will, Dodge & Cox Intnl Stck I / DODFX Intl Large-Cap Value 4.4 2.32 0.7
39.2
ments are usually taxed as ordinary in- head of municipal credit research at Van-
*Annualized 03/03/2021 to 03/07/2024. Through Thursday. Source: Lipper
come whether they’re reinvested or not, guard. “It helps to have an experienced team
says BofA, while most muni bond coupons of credit researchers picking the credits.” B
24
T E C H T R ADER
AI Is Remaking the
Legacy Tech Business.
Just Look at SAP.
T
he emergence of
artificial intelli-
gence—building on
the continued adop-
tion of cloud com-
puting—has
breathed new life
into some of the tech sector’s oldest
players. It’s one more example of how
AI is changing everything.
IBM, for instance, has been rein-
vigorated by its WatsonX AI platform;
the stock is up 20% this year and
more than 50% over the past 12
months. Optimism about the AI
makeover at Salesforce has likewise
invigorated the cloud software pio-
neer’s shares—they’re up 16% this
year, and 66% from a year ago.
Hewlett Packard Enterprise
shares rallied more than 20% this
past week on high hopes for the com-
pany’s AI server business. Dell Tech-
nologies shares have spiked 55% this
year for similar reasons. And there
are other examples.
Consider the German software gi-
ant SAP. No company is more identi-
fied with the old-school data center–
centric style of corporate computing
than SAP, which has long dominated
the market for “enterprise resource
planning” software, used for crucial
corporate applications like accounting,
compliance, and supply chain man-
agement. (SAP originally was short
for “Systemanalyse Programment-
wicklung,” which thankfully I don’t
have to pronounce.)
Historically, installing a new ERP
system was fiendishly complex, requir-
ing significant commitments of time
and capital, and considerable risk of
BARRON’S
business disruption. SAP CEO Chris-
tian Klein told me in a recent interview
that there was a point when customers
would spend $300 on consulting ser-
vices to install SAP systems for every
dollar spent on the software itself. And
not all that long ago, it wasn’t uncom-
BY ERIC J. mon for companies to suffer earnings
SAVITZ declines over unexpectedly complex
ERP system installations, triggering
finger-pointing and lawsuits.
Klein says the old SAP approach
involved “customizing a system to
death...spending way more money on
services than on real innovation...then
in five years, you were sitting once
again on a completely outdated ver-
sion of the software.”
But that old SAP is largely gone.
Almost three years ago, I wrote a
piece about SAP’s push to shift cus-
tomers to cloud-based versions of its
enterprise software, an approach that
promised to be more lucrative for SAP
and more effective for customers. That
story has played out as promised, and
investors are starting to catch on. SAP
shares have rallied 24% this year, and
are up 60% over the last 12 months.
Installing SAP’s enterprise software used to
require pricey consultants. That model is
basically gone. But investors are still
underappreciating the benefit SAP gets
from the cloud, and now AI.
“No other software company has access to as
much business data as we have,” says SAP CEO
Christian Klein.
But I’d argue that the market is just
beginning to understand how differ-
ent the new SAP is from the old one—
and investors are still underappreciat-
ing the leverage SAP gets from the
cloud, and now AI.
Klein says SAP now generates
more than 80% of its revenue from a
combination of cloud-based subscrip-
tion services and maintenance reve-
nue for older versions of its software.
SAP’s cloud backlog tops $44 billion.
Meanwhile, old-school software sold
to data centers is now less than 20%
of SAP’s revenue, Klein says.
In January, SAP issued revised
guidance that spurred the stock
higher: The company now expects
cloud revenue this year will grow as
much as 27% adjusted for currency,
with overall revenue up 8% to 10%,
and adjusted net income growing 17%
to 21%.
J.P. Morgan analyst Toby Ogg wrote
in a recent research note that SAP is in
the “sweet spot,” with accelerating
growth, expanding margins, and im-
proving cash generation. He thinks
SAP can grow both earnings and free
cash flow at a better-than-20% annu-
alized rate through 2027.
Ogg’s SAP price target is 205 euros
($224), which is about 15% above the
stock’s current level.
As SAP shifted to the cloud, the
company adopted a Mark Zucker-
berg–style “year of efficiency” philoso-
phy toward costs, recently trimming
8,000 jobs. Just as important, SAP is
going all-in on AI with its Joule co-pi-
lot, which is rolling out across the
company’s software portfolio—and
has the potential to make SAP’s com-
plex software both more effective and
March 11, 2024
far easier to use.
“We are winning in the market,”
Klein says. “Customers see the new
SAP.”
The next chapter in SAP’s reinven-
tion, Klein says, is all about AI. It’s
true that SAP’s rivals—such as Mi-
crosoft and Salesforce—offer AI co-
pilots of their own. But Klein contends
that SAP is better positioned than
rivals to leverage AI on behalf of cus-
tomers, given its access to a vast array
of basic corporate information on fi-
nances, supply chains, and human
resources, among other things.
Klein notes that some 30,000 cus-
tomers—and counting—have granted
consent to SAP to use their business
data anonymously to help fine-tune
AI models. The company can then use
the large language models for the ben-
efit of all its customers.
“No other software company has
access to as much business data as we
have,” Klein says. “The more data you
have, the better it is...no matter if you
do pricing with SAP, or order manage-
ment, or logistics....We are not only
relevant, we are reliable, because we
have this access to a ton of business
data.”
Klein adds that when it comes to
AI, the company is eating its own
cooking. AI tools, he says, are helping
the company boost margins, with SAP
engineers seeing 30% to 40% im-
proved productivity. Leveraging AI,
he says, will allow the company to
keep head count flat this year while
still growing cloud revenue “at an
accelerated pace.”
Says Klein: “We are our own best
reference when it comes to scaling
your business with generative AI.” B
Alfred Gescheidt/Getty Images
March 11, 2024
IN C OME I NVE STI NG
Beyond Empty Offices:
4 REITs to Buy Now
BY LAWRENCE C. STRAUSS
S T
hares of real estate investment
trusts have trailed the market
this year, but some of these com-
panies offer healthy dividends,
attractive yields, and solid fundamentals.
A key culprit for the underperfor-
mance: higher-for-longer interest rates.
Higher rates hurt REITs because, like
utilities, they are capital intensive and
often carry a lot of debt.
“Coming into this year, investors
expected the Fed to pivot,” says Gina
Szymanski, a managing director of AEW
Capital Management and a real estate
securities portfolio manager. “But since
the beginning of the year, those expecta-
tions have been ratcheted down.”
REIT stocks overall are down about
2% in 2024, a reversal from last year’s
fourth-quarter surge on the expectation
that the Federal Reserve’s first series of
rate cuts was fast approaching.
The S&P 500 index’s real estate sector
returned nearly 19% during that stretch,
including dividends, compared with
about 12% for the broader index.
Saira Malik, chief investment officer at
Nuveen, thinks there are some good plays
in the sector in this environment. “REITs
tend to perform in periods of stable and
lower interest rates,” she says.
Even if rates stay around current lev-
els, she adds, that’s also a positive back-
drop “because the headwind of increas-
ing interest rates is behind them.”
REITs on average had free cash flow
per share growth of 1% to 2% last year,
according to Szymanski. She expects that
to improve to 4% to 5% this year and 6%
to 8% in 2025. That, in turn, should help
dividend growth. REITs can be attractive
options for income investors because the
firms are required to pay out at least 90%
of their taxable income to shareholders.
“This has not been a story of funda-
mental weakness,” says Szymanski,
noting that plenty of REITs have strong
BARRON’S
balance sheets and cash flow and that
supply-demand dynamics in many sectors
have been favorable for these companies.
Those fundamentals do vary among
the different REIT sectors. “But it’s still
reasonably healthy overall,” says Michael
Knott, head of U.S. REIT research at
Green Street.
The office sector is probably the
toughest, the result of hybrid work
schedules triggered by the pandemic as
well as those employees who prefer to
work remotely full-time.
Vornado Realty Trust, which has a
big office presence in New York City, an-
nounced late last year that it would pay a
dividend of 30 cents a share, down from
37.5 cents previously. Other office REITs
have made similar moves. They aren’t for
the faint of heart.
Among the sectors that Malik favors is
retail, including strip shopping centers,
even amid headlines about companies
shuttering stores. “Consumers still shop
at strip centers,” she says. “The tenants
are still strong in there. Many times, it’s
essential businesses.” That includes gro-
cery stores.
One way to play strip centers is Kimco
Realty, which yields 4.9%.
Elsewhere, Malik cites Prologis,
which yields 2.9%, as a sound play on
the industrial sector, in this case a com-
pany with a big presence in warehouses
and others aspects of global shipping.
One of Szymanksi’s fund holdings is
Vici Properties, which yields 5.7%. Its
portfolio includes casino real estate in
Las Vegas, including Caesars Palace.
That market has been performing well.
Another REIT she favors is Well-
tower, which yields 2.7%. With its senior
housing portfolio, the company’s growth
is being helped by “the aging baby boom-
ers creating demand for assisted living
space,” she says.
Investors need to be selective, of
course, but there’s plenty of income to
be had in REITs. B
T HE EC O N O MY
The U.K. Faces Tough
Options as Election Nears
BY CALLUM KEOWN
radition dictates that the United
Kingdom chancellor is allowed
an alcoholic drink while deliver-
ing the government’s annual tax
and spending budget, the only time liquor
is permitted in Parliament. That Chancel-
lor of the Exchequer Jeremy Hunt declined
to raise a glass this past week was apt,
given the sobering nature of the economic
measures he was forced to unveil ahead of
a coming election.
It isn’t just the U.S. electorate that will
be going to the polls. Britons will also be
getting the chance to pick their leaders.
The U.K. budget happened to come in the
same week as President Joe Biden effec-
tively kicked off his re-election campaign
with the State of the Union address. Both
administrations have a challenge ahead
of juggling politics and the economy.
The fact that the U.K.’s budget an-
nouncement wasn’t bolder is indicative
of the position the economy finds itself in.
The U.K. entered a technical recession at
the end of last year, inflation remains stub-
bornly high at 4%, and interest-rate cuts
remain “some way off,” according to Bank
of England chief economist Huw Pill.
The government faced a dilemma ahead
of the budget, balancing fiscal prudence
with the desire to give voters an economic
sweetener.
Hunt tried to thread the needle with
a cut to national insurance—a tax on
workers’ wages—paid for by a new tax
on vaping and an extension of the windfall
tax on profits of oil-and-gas companies,
among others. A more expensive, if more
voter-friendly, income-tax cut was
shelved. The tax cuts may not even satisfy
voters—the ruling Conservatives still trail
in the polls, despite a previous national
insurance cut in November.
“Opportunistic tax cuts will not
shift the U.K. economy onto a superior
growth path,” says TS Lombard economist
Konstantinos Venetis. “These will ulti-
25
mately take a toll on future public invest-
ment and therefore do little to lift long-
term growth.”
In September 2022, Hunt’s predecessor,
Kwasi Kwarteng, unveiled 45 billion
pounds sterling ($57.3 billion) of unfunded
tax cuts. It was a disaster and spooked
global markets; the pound hit a record low
of $1.03 against the dollar, U.K. govern-
ment bond yields soared, and the BOE had
to intervene. Hunt must tread carefully.
In the government’s ideal world, lower
inflation and earlier and more aggressive
rate cuts would reduce future borrowing
costs and provide Hunt and Prime Minis-
ter Rishi Sunak with more fiscal head-
room for a giveaway to boost household
finances.
But the past few months have not been
kind, and the U.K. has a strict rule requir-
ing government debt as a percentage of
gross domestic product to fall in the final
year of a five-year forecast.
However, the Office for Budget Respon-
sibility, or OBR, the country’s fiscal regu-
lator, offered better news: It sees inflation
falling to the BOE’s 2% target in 2024’s
second quarter, a bold forecast. The Fed-
eral Reserve would be thrilled with such
an outcome, as would other central banks
around the world.
The OBR is also more optimistic about
the U.K. economy than it was in Novem-
ber, expecting GDP to rise 0.8% this year
and 1.9% in 2025, up from 0.7% and 1.4%,
respectively, in its previous forecast.
Hunt said the U.K. will “soon turn the
corner of growth.” While forecasts suggest
that he may be right, it’s doing so from a
low base. GDP at the end of 2023 was just
1% higher than at the end of prepandemic
2019. That’s worse than every Group of
Seven country except Germany, which
has increased only 0.1% over that period.
The U.S. has grown 8.2% in that time,
says the Organization for Economic Coop-
eration and Development, giving Biden
a far stronger economic record than his
counterpart Sunak in the U.K. B
26
Q&A
Why Rates Will
Do a ‘Slow Dance
Downward’
BY LAUREN FOSTER
D
avid Kelly, chief global
strategist at J.P. Morgan
Asset Management, has
spent the past 25 years
building and running a
macroeconomic model of
the U.S. economy. His
insights on everything from the labor
market to financial markets—and a
knack for turning the dismal science
into engaging prose—have made his
regular “notes on the week ahead” a
must-read for investors.
eBorn and raised in Dublin, Kelly
thought he would follow in his fa-
ther’s footsteps and enter politics. But
first he needed a solid grounding in
economics, and for that, he came to
the U.S. After earning his master’s
degree and doctorate, in 1990, from
Michigan State University, Kelly made
his way to Wall Street instead. He
joined J.P. Morgan in 2008 after stints
at other firms, including Putnam In-
vestments, where he served as an eco-
nomic adviser.
“In Ireland, I was always going to
be my father’s son,” Kelly says. “Like
many Americans, I have carved my
own path in the world, and it’s been a
great adventure.”
Barron’s spoke with Kelly in late
February as he was training for his
sixth consecutive Boston Marathon, to
be held in April. Among the topics:
why the U.S. will avoid a recession in
2024 and inflation will head down to
2%. He also shared his thoughts on
BARRON’S March 11, 2024
An Interview With David Kelly, Chief Global
Strategist, J.P. Morgan Asset Management
international stocks and the 60/40
portfolio, and what concerns him
about the current backdrop. An edited
version of the conversation follows.
Barron’s: What is your economic
outlook for 2024?
David Kelly: At the start of the year,
we said our base-case forecast was the
number 2024. That’s 2% real GDP
growth, zero recessions, inflation fall-
ing to 2% over the course of this year,
and the unemployment rate staying at
about 4%. Now that we are two
months into the year, it still basically
holds, but we have some rounding
errors. I think 2% real growth is still
right. And I feel even more confident
about zero recessions now, with the
obvious caveat that there’s always a
danger of a shock hitting the econ-
omy—but it would take a shock, not
just business as usual, to put the U.S.
economy in recession.
What sort of shock could do that?
The most obvious shock, going back
over the history of the past 50 years, is
something to do with oil. The U.S. is
now a net oil exporter. That is a posi-
tive thing, but people’s attitudes still
get affected by oil prices, and the Fed-
eral Reserve’s view of inflation, per-
haps wrongly, gets affected by oil
prices. So, if we have a big problem in
the Persian Gulf or something else
that causes oil and gasoline prices to
shoot higher, meaning we aren’t going
Photograph by LANDON SPEERS
March 11, 2024
“If you would kindly drop your cellphone into a pitcher of water and take a
baseball bat to your TV, you would feel much better.”
to get to a 2% inflation rate, it does two
bad things: One, it slows consumer
spending and depresses consumer
attitudes and worries businesses. And
two, by giving us higher inflation, it
might cause the Federal Reserve to be
slower about cutting interest rates.
That is the No. 1 shock we could see.
What’s your inflation forecast?
If you look at the four most widely
reported measures of U.S. inflation—
the headline consumer price index,
core CPI, the headline consumption
deflator, and the core consumption
deflator—it looked at the start of the
year like all four would touch the
number 2.0, as in 2%, or go below it
before the end of this year. That num-
ber has moved a bit, so now I am look-
ing at more like 2.1%, 2.2% on those
indicators. I still think it’ll get close to
2%, but I’m not quite as confident
we’ll get to 2% by the end of the year.
Some of those measures will get closer
to 2% well before the end of the year.
Unemployment?
The unemployment rate is at 3.7%. It
is quite likely that the unemployment
rate will stay below 4%, on average,
for this year. Maybe it will stay at 3.7%
or come down to 3.6% or 3.5% by the
end of this year. So, it’s looking very
good—a little bit less unemployment
and a little bit more inflation, but still
indicative of a healthy economy.
Monetary policy will be center
stage again this year. What are you
expecting when the Federal Re-
serve meets later this month?
The futures market has finally figured
out that the Fed probably won’t do any
more than it has projected on rate cuts
this year. Fed officials were projecting
three rate cuts this year. If you go back
a few weeks ago, markets were pricing
in more than five rate cuts this year.
Now, they are pricing in three rate
cuts. That is what we have thought all
along: We’ll get a rate cut in June of 25
basis points, or a quarter of a percent-
age point. We’ll get another in Septem-
ber, and another in December.
The Fed isn’t going to be reacting to
economic weakness because, frankly,
they don’t see it. But they will be re-
BARRON’S
acting to lower inflation. In a lower-in-
flation environment, they will give us
a slow dance downward in rates.
The argument for cutting rates,
even if the economy is healthy, is two-
fold. One, if inflation comes down and
the Fed doesn’t cut rates, then real
rates have gone up. Policy would get
tighter, and the Fed doesn’t want that
to happen. Two, [Fed Chair] Jay Powell
has made it clear that if the Fed’s target
is 2% inflation, they should be cutting
rates before inflation hits 2% because
monetary policy works with a lag.
The Fed will also make it clear that
if rates are coming down because of
lower inflation, not economic weak-
ness, they will continue quantitative
tightening. I expect quantitative tight-
ening to continue throughout 2024,
even as we get some modest rate cuts.
What concerns you these days?
I don’t worry so much about the econ-
omy. Our private-enterprise economy
in the U.S. is good at looking after
itself. It is remarkable at doing that.
On the macro level, I worry about the
march of autocracy around the world.
And on the micro level?
I worry about silly decisions investors
make. People get misled by all sorts of
fads and fantasies as to how they
should invest. I worry about the
money that’s been poured into things
like Bitcoin, which is absolute non-
sense. It is simply a focus of specula-
tion. I worry that someday that’ll all
go poof and people will lose money.
I worry that the market isn’t behav-
ing quite as rationally in terms of
price-setting as it should. Because
there has been so much growth in
passive investments, there are few
price setters operating in markets
right now. That causes relative valua-
tions to get out of whack. People tend
to buy something because it has gone
up, not because it is good business.
I worry that people worry too
much about politics. Research shows
that how people feel about the econ-
omy depends on their political lean-
ings. There are a lot of Republicans
who missed out on good stock market
returns under Presidents Obama and
Biden, and a lot of Democrats who
missed out on great stock market re-
turns under Donald Trump. I worry
that people let how they feel about
politics affect how they think about
investing.
I worry about some things in soci-
ety—what social media is doing to all
of us, which isn’t good. Often at
speeches, people ask me for advice,
and I say get a pitcher of water and a
baseball bat. And if you would kindly
drop your cellphone into the pitcher of
water and take a baseball bat to your
TV, you would feel much better.
Do you worry that investors are
sitting on too much cash?
Absolutely. People were saying “cash
is king” a lot last year. Well, if cash
was king, it must be a very modest
monarch, because cash seems to be
willing to let every other asset class
outperform it in the long run. Long-
term investors shouldn’t be sitting in
cash; they should be building a portfo-
lio that is diversified and able to take
advantage of long-term trends rather
than just hiding on the sidelines till
everybody feels better.
You’re a fan of diversification
across markets. Japan is doing well
this year.
There is plenty of opportunity in
Japan. We’re looking at forward price/
earnings ratios on Japanese stocks of
about 16 times [earnings]. That is
higher than it had been, but still well
below the 25-year average, and well
below the 20 times P/E in the U.S.
The Japanese economy is shaking
off the deflation that has haunted it
ever since the stock market boom of
1989. Inflation has come back, and
that’s a positive thing so long as it
doesn’t get out of hand. Japan is much
more committed to shareholder inter-
ests than it had been in the past. That
is also a significant positive. And, we
are seeing more buyback announce-
ments in Japan.
What is your view of China, and
the Chinese market?
China is cheap, but cheap for a reason.
Chinese stocks trade at nine times
forward earnings. There is value, but
is it a value trap? Unfortunately, the
27
jury is still out. The Chinese market
swings a lot. If you’re an experienced
trader and that’s the business you’re
in, maybe you can catch an upswing in
the Chinese market and it could be a
powerful one.
China has two huge structural
problems. One is its very rapidly de-
clining birthrate and consequently
declining and aging population. Sec-
ond, it overinvested in overpriced real
estate. But overlaid on all that, the
most important problem in China is a
lack of confidence.
What are your thoughts about
portfolio construction and the tra-
ditional 60/40 blend of stocks and
bonds?
Overall, fixed income is close to fair
value and the S&P 500 index is about
one standard deviation above average
valuations. So, a 60/40 portfolio isn’t
particularly cheap right now. That
tells you that you need to be better
spread out, because the 60% is just in
U.S. equities. So, let’s put some inter-
national equities in there, which are
selling at a record discount relative
U.S. equities. I would also overweight
value relative to growth within the
U.S. I wouldn’t overweight small-caps
relative to large-caps because there are
some issues in the small-cap space.
Such as?
The forward P/E ratio on the Russell
2000 is higher than the forward P/E
on the S&P 500. The problem is that
about 40% of small-cap companies in
the Russell 2000 aren’t profitable.
The small-cap index is also a little
overweight financials and overweight
industrials—not terribly fast growers.
It is underweight tech. Also, the
growth of private equity has taken
some momentum out of the small-cap
space.
In fixed income, we are pretty neu-
tral across credit and duration, but I’d
want to add alternatives to the portfo-
lio for extra diversification. Be careful
with the manager because the disper-
sion in returns from different alterna-
tive managers within certain spaces is
pretty wide.
Thanks, David. B
28 BARRON’S March 11, 2024

MARKET WEEK
March 4 through March 8, 2024

International Trader P. 31 Charting the Market P. 34

Striking Price P. 32 Winners & Losers P. 35
Inside Scoop P. 33 Research Reports P. 36
13D Filings P. 33 Statistics P. 37

MARKET PERFORMANCE DASHBOARD

Dow Jones Industrials S&P 500 Nasdaq Composite SPDR S&P Bank ETF

38,722.69
52-wk: +21.35% YTD: +2.74% Wkly: -0.93%
5123.69
52-wk: +32.68% YTD: +7.42% Wkly: -0.26%
16,085.11
52-wk: +44.40% YTD: +7.15% Wkly: -1.17%
$45.40
52-wk: +1.93% YTD: -1.35% Wkly: +2.97%

8%
Bad Apple Almost Broke the Bank
The Nasdaq had its worst day in weeks on Fed Chair Powell told Congress he expected rate
Tuesday as Apple lost 2.8% to continue its 2024 cuts by year end. New York Community Bancorp 6
slide. Economic data showed that growth in the fell 45% and then rebounded after former Treasury
service economy may be faltering, too. Secretary Steven Mnuchin invested.
4

-2
Powell, the Sequel Jobs Aren’t Everything
Powell’s second day of congressional The U.S. added 275,000 jobs in February,
testimony led to the S&P 500’s 16th record but stocks slumped as investors worried -4
of the year. Mnuchin reassured investors that the Fed may take the strength as a
that NYCB will bounce back. reason to hold back on cuts.
-6
Monday Tuesday Wednesday Thursday Friday Close
Source: Barron’s Statistics

T
he stock market’s The S&P 500 index finished the margin expansion, and scale advan-

THE TRADER blistering run at the

end of 2023 has
continued in 2024.
week down 0.3% after dropping 0.7%
on Friday, but still notched its 16th
record of 2024 the day before. The
tages in areas like cloud computing.
Monopoly power is great for stocks,
but companies wielding it can lose
The only difference Dow Jones Industrial Average and power when new categories emerge.
now is that there Nasdaq Composite fell 0.9% and Those new categories are here.
has been a changing 1.2%, respectively, but weren’t far Nvidia wowed investors last month

Quietly, the of the guard at the top. Apple, Tesla,

and Alphabet have sunk, while
BY AVI
SALZMAN
off their own highs.
You wouldn’t know it by looking
when its sales results for chips power-
ing AI applications impressed even the

Dominant Nvidia and Eli Lilly are ascendant.

That makes sense. The economy is
at the indexes, but there’s a reshuffling
happening beneath the surface. Since
most bullish analysts. The stock started
the year in fifth place in the S&P 500

Stocks Are
still growing—the U.S. added 275,000
new jobs in February—and companies
are becoming more dynamic, too. The
Being market is being pushed forward by real
innovations in artificial intelligence and
Reshuffled healthcare that will lead to growing
cash flows years into the future. That’s
how investors can justify the market’s
higher-than-usual stock valuations.
2018, the S&P 500 has started every
year with the same four companies at
the top of its market-cap leader board:
Alphabet, Apple, Amazon.com, and
Microsoft. While those companies
were known for innovation a decade
ago, their success over the past few
years has been marked by market-
share consolidation, layoff-driven
rankings, but has now jumped to third,
leaping ahead of both Amazon and
Alphabet. It’s less than 10% away from
Apple after starting the year at less than
half of Apple’s valuation.
Lilly has been climbing the ranks,
too, as sales projections keep rising for
its diabetes drug Mounjaro. Its ascen-
dance to eighth place in market cap
March 11, 2024 BARRON’S 29

has helped knock Tesla out of the top 10.
The electric-vehicle maker’s record of inno-
vation has been running dry of late. It has
gotten a tepid response to its Cybertruck,
and has failed, at least thus far, to make a
car cheap enough to compete against Chi-
nese auto makers. Meanwhile, innovations
by Lilly and rival Novo Nordisk are on
the verge of remaking entire categories of
healthcare. Last month, Lilly presented
clinical trial results that showed its drug
has a side benefit for patients with liver
problems, suddenly opening up even more
uses for its wonder drug.
The S&P 500 is now trading for 21 times
index, Keefe, Bruyette & Woods, points out
that only three banks of 4,700 got in trouble
last year, and capital levels and tangible book
values are rising among banks KBW follows.
If the Fed comes through with the rate
cuts that KBW expects this year, then the
firm thinks bank margins and earnings
should resume growth in 2025.
Yet regional bank valuations remain
weak. The banks tracked by KBW’s index
trade at less than 60% the forward earnings
multiple of the S&P 500. The banks in the
index now go for 11 times forward earnings,
compared with a 10-year average of 14 times.
Among stocks that KBW rates as buys

expected earnings, versus the long-term
average of 16, and a premium that large is
generally reason for caution. But with a
strong economy and job market, these
innovative new categories go a long way
toward justifying it.
Nvidia and Eli Lilly, of course, can’t push
Finder,
are large regionals U.S. Bancorp, in Minne-
apolis, and Truist Financial, in Charlotte,
N.C. Among smaller regionals, KBW recom-
mends Synovus Financial, in Atlanta, and
Old National Bancorp, in Evansville, Ind.
The two bigger banks have dividend yields
above 5%; the smaller ones are at 3% to 4%.

the market forward on their own. Interest
rates still trump AI—and even weight
loss—as stock market movers. The biggest
question now is when will the Federal
Reserve cut. Investors should get more
answers on Tuesday, when February’s
consumer price index is released.
Unlike the stock market, it’s best if
inflation is subdued.
Banking on a Return to Health
The drama at New York Community
Bancorp will subside now that the bank
is getting $1 billion and a new CEO, thanks
to an investment group led by former Trea-
sury Secretary Steven Mnuchin. But a pall
remains over regional bank stocks. Since
the surprise drop in NYCB’s dividend on
Jan. 31 and jump in loan loss reserves, the
KBW Nasdaq Regional Banking Index has
lost 7%, while the S&P 500 has gained 5%.
Seasoned bank watchers believe that
investors don’t appreciate the fact that the
industry is in good shape. Tom Michaud, the
CEO of the firm behind that regional bank
Keepers.
“We believe the next dividend move
in those companies is going to be up,
not down,” Michaud tells Barron’s.
Speaking of Truist, an analyst there,
Brandon King, wrote on Wednesday that
dislocations caused by NYCB offer an op-
portunity to buy quality banks with diversi-
fied loan books and strong capital. King con-
cedes that the timing of rate cuts has shifted
to later in the year and that headlines about Barron’s Advisor Finder matches Barron’s
commercial real estate will continue to scare ambitious readers with your financial expertise.
investors. But he expects that bank narra-
tives will grow more upbeat as they report
Get found, meet prospective clients, and let
generally stable March-quarter results. Barron’s Advisor help grow your business.
King’s favorite regional banks are Inde-
pendent Bank Group, Pinnacle Financial
Partners, and Western Alliance Bancorp.
Their stocks are down 6% to 10% since
NYCB’s travails. He bets that McKinney,
Texas–based Independent Bank’s stock can
rise some 30% from its current $45, to $58.
Nashville’s Pinnacle could rise 9%, from $85
to $93, and Phoenix’s Western Alliance can
rise by a third, from $60 to $80.
Banks were well represented at a

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30 BARRON’S March 11, 2024

WHAT’S MOVING THE MARKET? Industry Action

Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*

FIND OUT
1 Day 5 Day 1 Month 3 Month 6 Month YTD 1 Year 5 Year

S&P 500 INDEX -0.27%

Utilities 3.35%
XLC COMMUNICATION SERVICES -0.76% Basic Materials 1.74

WITH OUR
XLY CONSUMER DISCRETIONARY +0.33% Oil & Gas 1.04
XLP CONSUMER STAPLES -0.07% Financials 1.01
XLE ENERGY -0.22% Industrials 0.61
Health Care 0.06

SECTOR
XLF FINANCIAL +0.26%

XLV HEALTH CARE -0.76% –0.22 Telecommunications

XLI INDUSTRIALS +0.29% –0.75 Consumer Services
–0.99 Technology

TRACKER
XLB MATERIALS +0.31%

XLRE REAL ESTATE +1.42% –2.14 Consumer Goods

XLK TECHNOLOGY -0.65% Source: S&P Dow Jones Indices

XLU UTILITIES +0.01%

Raymond James conference this past week,
Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF when the firm’s analysts surveyed investor
and bank-manager outlooks. Both groups
An investor should consider investment objectives, risks, charges and expenses carefully before thought loan growth would be slow this
investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit year. But managers saw improving profits,
www.sectorspdrs.com. Read the prospectus carefully before investing. with net interest margins—the spread be-
All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification tween what they pay depositors and what
risks, which generally results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply. they charge borrowers—having already
TheS&P500isanindexof500commonstocksthatisgenerallyconsideredrepresentativeoftheU.S.stockmarket.Youcannotinvestdirectly bottomed, or bottoming in the first half.
in an index. Asked which part of the bank industry
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. promised the most upside, the most popu-
lar answer among investors at James’ con-
ference was regional banks. — Bill Alpert
Solid Returns Meet Low Volatility
It’s tough to beat the stock market consis-
tently. But here’s a stock that has done just
that while also being one of the least vola-
tile in the S&P 500. And, even better,
home-and-auto insurer Progressive
looks poised to deliver solid returns to
shareholders in the future, as well.
While it’s tough to beat Nvidia’s com-
pound annual growth rate, or CAGR, of 69%
over the past decade, BofA Securities se-
nior insurance analyst Josh Shanker wrote
recently that Progressive’s 25% to 26%
CAGR puts it in the top quintile of S&P 500
stocks valued at $100 billion or more.
But its beta—a measure of volatility, rela-
tive to an index—of 0.67 also puts it in the
lowest quintile in terms of volatility. A beta
of one means a stock’s price tends to move
with the market, while less than one means
it’s less volatile than the market.
“That daily volatility has increasingly
declined with time, showing a daily trading
beta of just 0.21 over the past year,”
Shanker wrote. “Were it not for [Eli Lilly’s]
incredible 148% run over the past year,
Progressive would likely hold the crown
for the S&P 500’s most efficient stock:
most return with least volatility.”
Shanker, who has a Buy rating on the
stock, upped his price target to $261 from
$256, up 32% from a recent $198. Morgan
Stanley also upgraded the stock to Outper-
form from Equal Weight this past week.
BofA said Progressive trades at 17.7 times
consensus 2025 earnings per share, just be-
low the S&P 500’s 18.9 times. He believes
that is too low and poised to rise materially.
While some think the insurer’s shares
are too expensive, they trade in line with
its historical range on both absolute and
relative-to-market multiples, said Shanker,
who argued against the “too expensive”
charge. Progressive’s average price/earn-
ings ratio over one-, two-, three-, five-, and
10-year periods is 18, 18.4, 18.4, 16.9, and
16.1 times, respectively.
Second, stocks are more expensive than
they used to be. Progressive shares currently
trade at 93% of the S&P 500’s P/E multiple.
The average relative P/E over the past one-,
two-, three-, five-, and 10-year periods is
100%, 107%, 101%, 94%, and 95%.
Third, consensus numbers are too low.
BofA’s high-on-the-Street EPS forecast of
$13.85 is 31% above the $10.60 consensus.
“Were the Street’s forecast to move to ours,
Progressive shares would be trading at 13.5
times 2025 EPS and 71% of the S&P 500’s
P/E multiple,” he wrote.
“It is worth noting that the Street has
been playing catch-up on Progressive’s 2025
earnings forecasts, which seem to rise nearly
every week from a bottom of $8.89 at the
end of August 2023,” Shanker added. “Con-
sensus 2025 numbers have risen 19%.”
And fourth, Progressive’s multiples have
been consistently wrong, he noted. “The
stock isn’t more expensive on an earnings
valuation basis; however, more importantly,
investors should have been willing to pay a
higher multiple in the past than they did.”
The fact the stock has mid-20s CAGR
over the past decade should tell investors
that historical multiples failed to appreciate
its fair value, he said. — Lauren Foster
March 11, 2024
INTERNATIONAL TRADER
Farmer Protests Could
Impact Europe’s Elections
BY CRAIG MELLOW
F
armers across Europe have been
sticking it to the authorities over
the past month, sometimes liter-
ally. Agrarian protesters showered
police with liquid manure and eggs outside
European Union headquarters in Brussels
last week.
Farmers taking grievances to the streets
is nothing new, in Europe or elsewhere.
But this wave threatens pillars of EU envi-
ronmental and foreign policy. It could help
far-right parties grab a quarter of the Eu-
ropean Parliament in elections this June,
on current polling.
“The EU’s Green Deal will have to
change to survive,” says Eoin Drea, senior
researcher at the Wilfried Martens Centre
for European Studies. “Centrist parties
don’t want to lose the rural vote like the
Democrats did in America.”
Agriculture is an underrecognized con-
tributor to pollution and climate change
around the world. In Europe, the sector
emits nearly two-thirds as much carbon as
transportation, Drea says.
European Commission President Ur-
sula von der Leyen has championed a
green revolution in farming. She pushed
through a “Farm to Fork” strategy in 2019,
aimed at halving the use of both pesticides
and chemical fertilizers by 2030. Later
directives required 4% of farmers’ land to
lie fallow, and 20% of all EU rural terri-
tory to be preserved as virgin habitat.
That was all before Russia’s natural-gas
cutoff hiked prices for energy and fertil-
izer, and soaring interest rates constricted
farmers’ ability to borrow. Fast forward to
2024, and farmers can’t afford the bur-
dens, says Luc Vernet, secretary-general of
the Farm Europe think tank.
“With the focus on the environment, we
forgot that agriculture is also a business,”
he says.
Von der Leyen, hoping the next Euro-
pean parliament will hand her a second
term, has backpedaled fast. Last month
BARRON’S 31
Market
Insights.
she proposed freezing the pesticide reduc-
In the
tion plan. Her commission opened exemp-
Palm
tions to the 4% fallow requirement. “Our
farmers deserve to be listened to,” she told
of Your
legislators.
“We have seen a U-turn away from an
ambitious Green Deal,” laments Ineke
Maes, an adviser to the Belgian Better En-
vironment Federation.
The Green Deal is one focus of Euro-
pean farmers’ complaints. The other is
Hand.
cheap imports. The EU’s long-pending free
trade deal with South America’s Mercosur Download the
bloc, which includes agri-powerhouses
Brazil and Argentina, is a likely casualty.
Barron’s app
“It is impossible to conclude talks in for investment
these conditions,” an adviser to French
President Emmanuel Macron told report- analysis, real
ers in late January.
A more sensitive subject is Ukraine. The time stock
EU waived numerous tariffs on the one-
time breadbasket of Europe after Russia’s
picks, and
invasion two years ago. That brought cut- breaking
price flows of grain and poultry, particu-
larly irritating farmers in former East Bloc business
countries that most strongly support Kyiv
politically.
news.
That has led Polish Prime Minister Don-
ald Tusk, among other leaders, into a deli-
cate dance. “The interests of Ukrainian
agro-holdings cannot override the interests
of Europe and our farmers,” he declared
after meeting Polish agrarians on Feb. 29.
Literally in the same breath he added, “This
has nothing to do with Ukraine’s security.”
Rumors of Green Europe’s death should
not be exaggerated. The U.S. spews 50%
more carbon dioxide relative to gross do-
mestic product than Germany, more than
twice as much as France, by United Na-
tions figures.
Flying manure and heated elections Download the App.
don’t create the best environment for hash-
ing out the complex way forward, though.
barrons.com/barronsapp
‘Some of the things we need to compro-
mise about are getting lost in rhetoric,”
says Justin Zahra, director of the EU agri- © 2024 Dow Jones & Co.,Inc. All rights reserved. 6DJ0139
cultural program at the Environmental
Defense Fund. B
32 BARRON’S March 11, 2024

TH E ST RIKING PRI CE
The cash-secured put sale expresses a view that
Bitcoin will increasingly benefit from its nascent
protest currency role.

Bitcoin Might Be a Smart Equity Options

Play in Tumultuous Times

CBOE Volatility Index The Equity-Only Put-Call Ratio
VIX Close VIX Futures Put-Call Ratio S&P 500 Index
27 235
215
195
22 175

BY STEVEN M. SEARS The funds may ultimately have a consoli- 155

dating and calming effect on the frag- 135

B
itcoin and gold might be the mented crypto market. Those companies, 17 115
surprise winners of a divisive and others like them, are reliable counter- 95
U.S. presidential election. parties. Plus, ETFs are easier to buy than 75
Buying crypto or gold could actual Bitcoin. 12 55
be viewed as a political statement because In recent trading, Bitcoin set a record A M J J A S O N D J F M A M J J A S O N D J F M
the value of each benefits from troubles high of about $69,000, and MicroStrat- Daily Values Source: CBOE Source: McMillan Analysis Corp.
with the established order. Gold has long egy’s stock wasn’t far from its own record
been considered an asset of last resort price.
that is immune to inflation, and that Still, crypto, to use the language of SPX Skew NDX Skew
retains value even if fiat currencies are the options market, remains a “high vol” Implied volatility % Implied volatility %
debased by central banks. name. 13% 11%
Crypto has been called a digital gold. MicroStrategy’s implied volatility—
12 10
To own Bitcoin is to own something that a measure of future price movements—
was created outside of the political and is about 150%. The S&P 500 index is 11
9
financial system as a rival to traditional about 12%. The volatility suggests that 10
finance, and whose value is determined MicroStrategy’s stock could move about 8
not by central banks and the strength of 9.4% each day, compared with a daily 9
7
national economies, but by the economi- move of about 0.75% for the stock index. 8
cally pure forces of supply and demand.

A
7 6
The assertion is worth considering as ggressive investors who are in-
Bitcoin and gold trade around record lev- trigued by the political protest 6 5
els, and after millions of Americans voted theme for Bitcoin, and who A M J J A S O N D J F M A M J J A S O N D J F M
in Super Tuesday primaries. believe that Bitcoin’s evolving Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy

It is ironic that many people opt to market structure may temper the feverish Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference between the implied
volatility of puts and calls that are 10% out of the money and expire in three months. Higher readings are bearish.
own gold, and increasingly Bitcoin, via crypto market, can consider an aggressive
exchange-traded funds. But that fact is MicroStrategy trade.
just another example of how people do With MicroStrategy around $1,417, the Week’s Most Active
whatever is easiest for them, which April $1,100 put could be sold for about Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio

brings us back to Bitcoin. The merits of $110. Arhaus ARHS 33386 4550 28836 892 5 37.4
Paymentus PAY 10490 8455 2035 344 2 30.5
gold are well known, unlike crypto mar- If the stock is above the put strike price BeyondSpring BYSI 3255 2925 330 144 76 22.6
ket developments that seem scented with at expiration, investors can keep the pre- AeroVironment AVAV 42345 28640 13705 3056 35 13.9
opportunity. mium. Should the stock be below the Wave Life Sciences WVE 4783 3892 891 384 59 12.5
Ocean Biomedical OCEA 44133 34457 9676 3852 91 11.5
MicroStrategy, a technology company strike price, investors are obligated to buy Box BOX 46383 25942 20441 4128 64 11.2
that owns some 193,000 Bitcoin, just an- the stock at an effective price of $990. Grindr GRND 16623 14223 2400 1552 100 10.7
nounced that it would issue $600 million During the past year, the stock has Hewlett Packard Enterprise HPE 401333 331262 70071 37824 95 10.6
Stitch Fix SFIX 41303 22708 18595 3892 29 10.6
of convertible debt to buy more Bitcoin. ranged from $188.30 to $1,451.73. Shares
Victoria’s Secret VSCO 117274 67867 49407 11024 55 10.6
We mentioned MicroStrategy here are up about 123% this year, and about IAMGOLD IAG 14485 10890 3595 1428 23 10.1
in late August 2021. Then, the company 635% over the past year. Foot Locker FL 199451 98146 101305 20604 69 9.7

was selling $400 million of bonds to buy The cash-secured put sale expresses Yext YEXT 7469 6992 477 792 97 9.4
Crescent Energy CRGY 6471 3204 3267 736 11 8.8
more Bitcoin, which was then trading a view that Bitcoin will increasingly bene- Vimeo VMEO 19751 19526 225 2288 95 8.6
around $50,000. fit from its nascent protest currency role, BigBear.ai BBAI 442854 391814 51040 53024 98 8.4
By the fall, Bitcoin prices plummeted, as more people see it is a potential safe- SEMrush SEMR 11745 10224 1521 1392 24 8.4
Gitlab GTLB 194063 98061 96002 23356 11 8.3
and for several years Bitcoin seemed guard, as America’s debt is at record lev- OneSpan OSPN 2686 2300 386 328 30 8.2
unlikely to ever regain lost glory. But els, and the likely Joe Biden and Donald
much happened during the lean years. Trump rematch rekindles worries that This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the unusually heavy trading in these options might be a predictor of
corporate activity – takeovers, earnings surprises, earnings pre-announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
Major institutional investors, including our great nation is being torn asunder short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to their usual pricing levels. Furthermore, many of these
situations may be rumor-driven. Most rumors do not prove to be true, so one should be aware of these increased risks if trading in these names
BlackRock and Fidelity, created ETFs. by political tribalism. B
March 11, 2024
I N S I DE SC OOP
Intel Exits Stake in
Embattled Movella Stock
BY ED LIN
I
ntel recently exited an invest-
ment in the battered shares of a
company that makes sensor
technologies.
The big chip company had
owned 130,000 shares of
Movella Holdingsas of Sept.
30, but sold them all in the fourth
quarter to end 2023 with none.
The quarter was eventful for
Movella, whose sensors are used in
autonomous driving and other end
markets in entertainment, heath, and
sports. In the middle of November, the
company said it wasn’t in compliance
with Nasdaq listing rules because it
failed to file the regulatory 10-Q form
for the third quarter ended Sept. 30;
shares eventually could be delisted as
a consequence. Movella cited delays
principally due to an ongoing review
of restatements of the quarters ended
March 31, 2023, and June 30, 2023.
Movella announced five days before
Christmas that president and CEO
Ben Lee would leave effective at the
end of the calendar year.
Movella stock has cratered so far in
2024, having lost about half of its mar-
ket value. Movella shares began trad-
ing publicly in February 2023 after
merging with a special-purpose acqui-
sition company. Shares closed at $6.20
on their first trading day after the
SPAC merger, Feb. 13, and went on to
fall an astonishing 90% by the end of
2023. With the shares now trading at
around 34 cents—half the cost of a
mail stamp—Movella is also in viola-
tion of Nasdaq’s $1 minimum closing-
bid price requirement; this also even-
tually could lead to a delisting. In fact,
shares first closed below $1 in August,
and haven’t broken a buck since.
Intel declined to comment on the
investment change. The company had
reduced the Movella stake in the third
quarter from 189,987 shares owned at
the end of the three months ended
June, when Intel first disclosed own-
ing a stake in Movella.
On Jan. 24, Movella’s accountant,
RSM US, resigned. Two days later,
Movella received an exception to en-
able the company to regain Nasdaq
listing compliance if it filed the report
for the September-ended quarter by
May 13.
Movella and Nasdaq didn’t offer
comments regarding the stock listing.
Pension Fund Buys
Apple, Microsoft, Tesla,
and Alibaba in Q4
C
anada Pension Plan, which
covers most workers in that
country, more than doubled an
investment in Apple, scooped
up more shares of Microsoft and
Tesla, and started an investment in
Alibaba Group Holding in the fourth
quarter.
Canada Pension Plan Investment
Board, known as CPP Investments,
which manages the pension, disclosed
the stock trades, among others, in a
form it filed with the Securities and
Exchange Commission.
CPP Investments declined to com-
ment on the investment changes. As
of Dec. 31, 2023, the fund had assets
of $435 billion. Canada Pension Plan
is one of the 10 largest public pen-
sions in the world by assets, accord-
ing to the Sovereign Wealth Fund
Institute.
The pension acquired 2.5 million
more Apple shares in the fourth
quarter to lift its investment to 4.5
million shares.
BARRON’S
Activist Holdings
Citi Trends
Fund 1 Investments raised its
stake in the urban apparel and
accessories retailer to 1,439,146
shares. Fund 1 purchased 109,804
Citi Trends shares from Feb. 29
through March 1 at prices ranging
from $30.51 to $31.33 apiece. Fund 1
entered into a cooperation agree-
ment with Citi Trends on Feb. 28,
pursuant to which, Citi Trends will
appoint David Heath, Charles Liu,
and Michael Kvitko as observers to
the board until their election at the
2024 annual meeting. Following
the purchases, Fund 1 now owns
16.8% of Citi Trends’ outstanding
stock.
Increases in
Holdings
Arcutis Biotherapeutics
Intel sold its entire
Frazier Life Sciences Manage-
ment increased its stake in the
stake in sensor- medical-dermatology company
technology firm to 8,785,284 shares. Frazier did
Movella in the so through the purchase of 21,052
fourth quarter. Arcutis shares on March 4 at $9.50
Movella has been per share. In connection with that
beset by a number stock purchase, Frazier entered into
of issues that have a lockup agreement with Arcutis,
pummeled shares. in which Frazier agreed not to dis-
pose of or hedge any common stock
or convertible securities through
April 28, except with prior written
consent. Following the purchase,
Frazier now owns 7.8% of Arcutis’
outstanding stock.
Decreases in
Holdings
Peabody Energy
Elliott Investment Management
slashed its stake in the metallurgi-
cal and thermal-coal producer to
33
5,922,757 shares. Elliott did so
through the sale of 3,707,243 Pea-
body shares from Feb. 23 through
March 1 at per share prices ranging
from $24.79 to $25.19. Following the
latest sales, Elliott now holds 4.6%
of Peabody’s tradable stock, placing
Elliott below the 5% threshold that
would require it to report any fur-
ther Peabody stock sales. Peabody
shares have gained about 11% year
to date.
GMS
Coliseum Capital Management
reduced its stake in the building-
materials firm to 1,962,751 shares.
Coliseum and two affiliates did so
through the sale of 684,344 GMS
shares from Feb. 12 through Feb.
28 at per share prices ranging
from $88 to $91.78. That sale con-
sists of 551,623 shares sold by Coli-
seum, and an additional 132,721
shares sold by an investment advi-
sory client of Coliseum’s affiliate.
Following the latest sales, Coli-
seum now holds 4.9% of GMS’
outstanding stock, just below the
threshold that would require Coli-
seum to report any further GMS
stock sales.
Par Pacific Holdings
Equity Group Investments low-
ered its stake in the energy com-
pany to 2,179,801 shares. Equity
Group did so through the sale of
1,168,629 Par Pacific shares from
Feb. 29 through March 4 at per
share prices ranging from $36.32
to $37.28. Following the latest sales,
Equity Group now holds a stake
of 3.7% in Par Pacific’s outstanding
stock, below the threshold that
would require it to report further
Par Pacific stock sales.
These disclosures are from 13Ds filed with
the Securities and Exchange Commission.
13Ds are filed within 10 days of an entity’s
attaining more than 5% in any class of a
company’s securities. Subsequent changes
in holdings or intentions must be reported
in amended filings. This material is from
Feb. 28 through March 6, 2024. Source:
VerityData (verityplatform.com)
34 BARRON’S March 11, 2024

CHARTING THE MARKET

A graphic look at selected stock activity
for the week ended March 8, 2024
Edited by Bill Alpert

Novo Nordisk Petroleo Brasileiro MicroStrategy New York Community Bancorp

NVO (NYSE) • $133.07 • 8.84 PBR (NYSE) • $14.78 • -1.90 MSTR (NASD) • $1425.59 • 346.20 NYCB (NYSE) • $3.42 • -0.13
A pill version of the Danish drug firm’s weight-loss Brazil’s energy giant paid a smaller-than-expected With Bitcoin hitting an all-time high, the software firm Former Treasury Secretary Steven Mnuchin led an
injectables shed pounds in an early trial. Investors dividend, stoking fears of government pressure to set a $600 million convertible debt offering, aiming investor group that will put in a new CEO, and $1
shed shares of pill developer Viking Therapeutics. trim shareholder payouts. Analysts downgraded. to use proceeds to add to its hoard of Bitcoin. billion, into the troubled bank. Moody’s may upgrade.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

139 19 1453 16
123 17 1200 13
107 15 947 10
91 13 694 7
75 11 441 4
59 9 188 1

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

48 168 22 540
24 84 11 270
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

Amylyx Pharmaceuticals Samsara Marvell Technology Smith & Wesson Brands

AMLX (NASD) • $3.36 • -15.35 IOT (NYSE) • $39.16 • 4.17 MRVL (NASD) • $75.42 • -2.19 SWBI (NASD) • $17.39 • 3.83
Granted a controversial FDA approval before com- January-quarter sales rose 48%, to $276 million, The chip maker—touted as an AI play—guided to Craig-Hallum raised the gunsmith’s shares to a
plete testing, the company said its treatment for the topping guidance from the vendor of asset-tracking April-quarter profits of less than 28 cents a share. Buy, and upped its target to $18, noting that gun
neurological disorder ALS, failed in a full trial. systems. Guidance for 2024 sales and profit rose. Wall Street forecasts had averaged 41 cents. sales had boomed in past-election years.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

42 43 86 20
34 37 76 18
26 31 66 16
18 25 56 14
10 19 46 12
2 13 36 10

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

68 42 170 10
34 21 85 5
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

Costco Wholesale Victoria's Secret & Co. Carvana Target

COST (NASD) • $725.56 • -23.88 VSCO (NYSE) • $18.12 • -10.32 CVNA (NYSE) • $85.30 • 2.34 TGT (NYSE) • $169.72 • 14.43
Although February-quarter sales rose 6%, to $58.4 Noting the lingerie market in North America has The RBC Capital Markets analyst ditched his Sell Reporting January-quarter earnings of $2.98 a
billion, Wall Street forecasts averaged $59 billion. fallen for four quarters, the intimates retailer rating on the used-car seller, jacking it up to a share, beating the $2.42 consensus, the retailer
Earnings of $3.92 a share beat forecasts. stripped its October 2024 sales guide to $6 billion. Hold. He raised his target from $45 to $90. plans 300 new stores and a paid membership

Stock Price $ Stock Price $ Stock Price $ Stock Price $

791 38 91 177
726 33 74 162
661 28 57 147
596 23 40 132
531 18 23 117
466 13 6 102

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

20 56 332 62
10 28 166 31
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than
that time period. If the close from the current week is lower than a year ago the graph will be presented in red. If the close from the current week is higher than a year ago then the graph will be presented in green.
March 11, 2024 BARRON’S 35

W I N N E R S & LO S E R S
Saturday Inbox: Sign up for the
Market Lab Newsletter every Saturday
at Barrons.com/newsletters

NYSE Biggest % Movers NYSE Most Active NYSE American Most Active Nasdaq Most Active
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
SonidaSrLiving(SNDA) 177 18.79 +7.02 +59.6 Paymentus(PAY) 5315 643.7 19.21 +3.39 AeonBiopharma(AEON) 375 339.3 11.26 –1.59 MountainI A(MCAA) 3619 2613.8 11.46 +0.05
NuScalePower(SMR) 27475 5.49 +2.04 +59.1 Cummins(CMI) 39377 564.5 268.60 –1.66 Electromed(ELMD) 272 136.8 17.19 +1.84 MindMed(MNMD) 49249 1221.0 9.70 +3.47
MoneyLion(ML) 1615 74.49 +22.63 +43.6 AtmusFiltration(ATMU) 28693 551.4 23.86 –0.10 AcmeUnited(ACU) 200 106.1 39.72 –4.44 FeutuneLightA(FLFV) 1546 1162.1 10.88 –0.06
OrionGroup(ORN) 2055 8.47 +1.80 +27.0 DelekLogistics(DKL) 1362 546.3 39.09 –4.95 Intellinetics(INLX) 143 85.5 7.93 –1.12 AmylyxPharm(AMLX) 67388 995.5 3.36 –15.35
Chemours(CC) 16764 25.84 +5.06 +24.4 Victoria'sSecret(VSCO) 55653 411.3 18.12 –10.32 SilverCrestMetals(SILV) 10153 83.5 5.57 +0.35 CFAcqnVII A(CFFS) 1644 787.3 10.82 –0.05
DaqoNewEnergy(DQ) 10612 28.05 +5.16 +22.5 ADT(ADT) 63262 340.3 6.51 –0.79 CompX Intl(CIX) 94 64.4 29.35 +6.05 ApogeeTherap(APGE) 12655 631.8 67.54 +30.30
Doma(DOMA) 149 5.51 +1.01 +22.4 Enerflex(EFXT) 894 331.7 6.23 +0.01 SkyHarbour(SKYH) 228 47.1 12.72 +0.67 ProjectEnReimag(PEGR) 420 534.9 10.75 +0.07
Hippo(HIPO) 2515 17.91 +3.23 +22.0 AmplifyEnergy(AMPY) 9492 320.8 5.15 –0.97 IdahoStratRscs(IDR) 182 31.9 8.10 +0.08 GulfIslandFab(GIFI) 680 509.9 6.56 +1.51
SonidaSrLiving(SNDA) 177 304.3 18.79 +7.02 JawsMustangA(JWSM) 56 31.7 11.06 +0.12 NewProvidenceII A(NPAB) 300 478.4 10.77 –0.02
Losers Box(BOX) 30428 274.2 29.63 +3.09 flyExclusive(FLYX) 220 31.3 18.50 +4.36 AeroVironment(AVAV) 7287 457.9 166.23 +37.50
Name (Sym) Volume Close Change %Chg.
RossAcqnIIA(ROSS) 305 274.0 11.04 +0.03 MAG Silver(MAG) 4333 28.6 9.01 +0.37 TMT Acqn(TMTC) 762 452.0 10.68 +0.03
Entravision(EVC) 22779 1.49 –2.30 –60.7 KosmosEnergy(KOS) 95121 272.9 5.52 –0.73 InfuSystems(INFU) 254 25.5 9.74 +0.44 Valneva(VALN) 176 421.9 7.22 +0.15
Cazoo(CZOO) 404 2.74 –1.86 –40.4 Hippo(HIPO) 2515 271.5 17.91 +3.23 IvanhoeElectric(IE) 2722 15.4 8.75 +1.11 MediWound(MDWD) 821 408.6 17.11 +2.91
Victoria'sSecret(VSCO) 55653 18.12 –10.32 –36.3 RushStreetInt(RSI) 14934 270.9 5.82 –0.02 Espey(ESP) 79 14.9 25.35 +0.25 Dave(DAVE) 1622 406.1 36.00 +13.18
SOS(SOS) 5117 2.27 –1.25 –35.5 Semrush(SEMR) 8723 270.5 11.41 –1.15 CentrusEnergy(LEU) 1047 14.6 40.05 –1.39 HorizonSpaceI(HSPO) 592 396.2 10.84 +0.04
MethodeElec(MEI) 4063 14.12 –7.48 –34.6 OrionGroup(ORN) 2055 257.4 8.47 +1.80 RileyExpln(REPX) 482 13.6 27.70 +3.16 GEN Restaurant(GENK) 1052 381.9 6.07 –1.56
CrawfordA(CRD.A) 1330 8.09 –3.93 –32.7 Endava(DAVA) 6654 250.7 37.50 –1.60 EmpirePetrol(EP) 236 0.4 5.78 +0.09 BlueWorldA(BWAQ) 443 374.6 11.19 –0.01
FootLocker(FL) 58898 24.20 –10.40 –30.1 FootLocker(FL) 58898 239.2 24.20 –10.40 EnergyFuels(UUUU) 14492 –0.4 6.06 –0.49 LamfGlbI A(LGVC) 452 366.3 10.95 +0.08
Crawford B(CRD.B) 220 8.00 –3.31 –29.3 VTEX(VTEX) 6206 236.4 9.21 +0.90 CaledoniaMining(CMCL) 225 –1.0 11.01 +0.73 BGC(BGC) 60172 353.1 8.50 +1.40
Enhabit(EHAB) 8280 234.8 10.34 +1.53 GranTierraEner(GTE) 1697 –13.6 5.73 +0.15 MGE Energy(MGEE) 4157 347.2 80.87 +17.68

NYSE American Biggest % Movers By Share Volume By Share Volume By Share Volume
Winners Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg.
Name (Sym) Volume Close Change %Chg. NY CmntyBcp(NYCB) 538076 3.42 –0.13 –3.7 Tellurian(TELL) 205172 0.87 +0.10 +12.7 Tesla(TSLA) 549163 175.34 –27.30 –13.5
flyExclusive(FLYX) 220 18.50 +4.36 +30.8 Fisker(FSR) 532149 0.38 –0.11 –22.1 BiomX(PHGE) 151192 0.43 +0.21 +100.4 SoFiTech(SOFI) 513898 7.71 –1.28 –14.2
CompX Intl(CIX) 94 29.35 +6.05 +26.0 PalantirTech(PLTR) 522506 26.04 +1.11 +4.5 DenisonMines(DNN) 61671 1.84 –0.08 –4.2 AdvMicroDevices(AMD) 422844 207.39 +4.75 +2.3
CatchaInvtA(CHAA) 15 11.26 +2.19 +24.1 NIO(NIO) 350064 5.80 +0.02 +0.3 B2Gold(BTG) 56935 2.63 +0.07 +2.7 Nikola(NKLA) 407735 0.67 –0.06 –8.5
Cryo-Cell(CCEL) 93 6.05 +1.14 +23.2 Pfizer(PFE) 337410 27.22 +0.63 +2.4 NewGold(NGD) 41042 1.50 +0.16 +11.9 Apple(AAPL) 392913 170.73 –8.93 –5.0
ArisMining(ARMN) 1876 3.36 +0.43 +14.7 FordMotor(F) 271892 12.18 –0.27 –2.2 UraniumEner(UEC) 31877 6.37 –0.57 –8.2 Rivian(RIVN) 372115 12.78 +1.43 +12.6
IvanhoeElectric(IE) 2722 8.75 +1.11 +14.5 BankofAmerica(BAC) 224519 35.60 +1.25 +3.6 Cybin(CYBN) 29039 0.39 +0.06 +16.6 SoundHoundAI(SOUN) 365200 5.86 –0.17 –2.9
ContangoOre(CTGO) 126 20.65 +2.59 +14.3 BigBear.ai(BBAI) 198664 2.57 –0.89 –25.7 Globalstar(GSAT) 25224 1.32 –0.16 –10.8 NVIDIA(NVDA) 344836 875.28 +52.49 +6.4
Cohen(COHN) 76 7.80 +0.89 +13.0 HewlettPackard(HPE) 188044 17.99 +2.43 +15.6 Zomedica(ZOM) 24781 0.14 –0.01 –9.1 AirshipAI(AISP) 297589 6.80 +5.31 +356.4
Snap(SNAP) 180262 12.39 +1.14 +10.1 PerspectiveTherap(CATX) 22159 1.19 +0.24 +25.4 Intel(INTC) 273966 44.00 +0.18 +0.4
Losers NuHoldings(NU) 170429 11.07 –0.20 –1.8 CamberEnergy(CEI) 20065 0.20 –0.03 –11.0 Alphabet A(GOOGL) 208560 135.41 –1.73 –1.3
Name (Sym) Volume Close Change %Chg.
AT&T(T) 169496 17.20 +0.22 +1.3 AultAlliance(AULT) 17522 0.39 –0.07 –14.3 AmerAirlines(AAL) 192148 14.68 –0.98 –6.3
Ashford(AINC) 98 2.51 –0.66 –20.8 PetroleoBrasil(PBR) 167605 14.78 –1.90 –11.4 Ur-Energy(URG) 16586 1.57 –0.10 –6.0 Amazon.com(AMZN) 177871 175.35 –2.87 –1.6
Myomo(MYO) 1889 3.19 –0.82 –20.4 Carnival(CCL) 144038 16.37 +0.37 +2.3 Scorpius(SCPX) 15421 0.17 –0.16 –49.0 WarnerBrosA(WBD) 171988 8.73 +0.06 +0.7
PalatinTech(PTN) 2430 1.84 –0.36 –16.4 TaiwanSemi(TSM) 140910 146.37 +12.47 +9.3 EquinoxGold(EQX) 14692 4.70 +0.32 +7.3 PsyenceBiomed(PBM) 168089 2.11 +1.54 +268.9
DeltaApparel(DLA) 124 3.13 –0.56 –15.2 GinkgoBioworks(DNA) 139838 1.22 –0.07 –5.4 TrioPetroleum(TPET) 14522 0.12 +0.01 +8.7 Grab(GRAB) 160014 3.08 –0.02 –0.6
Birks(BGI) 92 3.43 –0.53 –13.4 BarrickGold(GOLD) 138011 15.76 +0.82 +5.5 EnergyFuels(UUUU) 14492 6.06 –0.49 –7.5 Alphabet C(GOOG) 145753 136.29 –1.79 –1.3
ArmataPharm(ARMP) 73 3.55 –0.52 –12.8 Vale(VALE) 125035 13.19 –0.30 –2.2 NovaGoldRscs(NG) 13834 2.55 +0.06 +2.4 JD.com(JD) 144135 24.75 +1.75 +7.6
Intellinetics(INLX) 143 7.93 –1.12 –12.4 KinrossGold(KGC) 110148 5.37 +0.29 +5.7 i-80Gold(IAUX) 13545 1.57 +0.22 +16.3 Bitfarms(BITF) 143142 2.67 –0.26 –8.9
AeonBiopharma(AEON) 375 11.26 –1.59 –12.4 WellsFargo(WFC) 102667 57.07 +2.01 +3.7 Senseonics(SENS) 13430 0.63 –0.00 –0.5 Lucid(LCID) 130695 3.10 –0.23 –6.9

Nasdaq Biggest % Movers By Dollar Volume By Dollar Volume

Name (Sym) $ Volume Close Change %Chg.
By Dollar Volume
Name (Sym) $ Volume Close Change %Chg.
Name (Sym) $ Volume Close Change %Chg.
Winners UraniumEner(UEC) 211979 6.37 –0.57 –8.2 NVIDIA(NVDA) 303501552 875.28 +52.49 +6.4
BerkHathwy A(BRK.A) 43067160609748.44 –4216.56 –0.7
Name (Sym) Volume Close Change %Chg.
TaiwanSemi(TSM) 20396178 146.37 +12.47 +9.3 Tellurian(TELL) 172234 0.87 +0.10 +12.7 Tesla(TSLA) 99096980 175.34 –27.30 –13.5
EnergemA(ENCP) 2027 8.12 +4.62 +132.0 B2Gold(BTG) 150652 2.63 +0.07 +2.7 AdvMicroDevices(AMD) 88458495 207.39 +4.75 +2.3
EliLilly(LLY) 13637473 762.14 –19.98 –2.6
ApogeeTherap(APGE) 12655 67.54 +30.30 +81.4 ImperialOil(IMO) 117367 64.34 +0.74 +1.2 SuperMicroComp(SMCI) 71838260 1140.01 +234.53 +25.9
PalantirTech(PLTR) 13390683 26.04 +1.11 +4.5
XBPEurope(XBP) 372 3.62 +1.58 +77.5 DenisonMines(DNN) 115130 1.84 –0.08 –4.2 Apple(AAPL) 66374378 170.73 –8.93 –5.0
UnitedHealth(UNH) 12123313 476.57 –12.96 –2.6
Dave(DAVE) 1622 36.00 +13.18 +57.8 BiomX(PHGE) 98644 0.43 +0.21 +100.4 Microsoft(MSFT) 41681373 406.22 –9.28 –2.2
Salesforce(CRM) 11489373 305.28 –11.60 –3.7
MultiSensorAI(MSAI) 4009 4.22 +1.52 +56.6 EnergyFuels(UUUU) 90224 6.06 –0.49 –7.5 MetaPlatforms(META) 37999204 505.95 +3.65 +0.7
Cummins(CMI) 10616554 268.60 –1.66 –0.6
MindMed(MNMD) 49249 9.70 +3.47 +55.7 EquinoxGold(EQX) 67274 4.70 +0.32 +7.3 Broadcom(AVGO) 33573887 1308.72 –90.45 –6.5
Snowflake(SNOW) 10525543 162.40 –24.32 –13.0
HCM Acqn A(HCMA) 428 7.50 +2.50 +50.0 NewGold(NGD) 59863 1.50 +0.16 +11.9 Amazon.com(AMZN) 31041013 175.35 –2.87 –1.6
ExxonMobil(XOM) 9548924 108.38 +2.54 +2.4
CareMax(CMAX) 658 11.20 +3.52 +45.8 SilverCrestMetals(SILV) 55684 5.57 +0.35 +6.7 Alphabet A(GOOGL) 27512502 135.41 –1.73 –1.3
Pfizer(PFE) 8870501 27.22 +0.63 +2.4
Losers DellTechC(DELL) 8397745 116.25 –8.34 –6.7 Seaboard(SEB) 46283 3210.18 –107.31 –3.2 MicroStrategy(MSTR) 25776720 1425.59 +346.20 +32.1
Name (Sym) Volume Close Change %Chg. BerkHathwy B(BRK.B) 8144969 403.15 –3.96 –1.0 CentrusEnergy(LEU) 43056 40.05 –1.39 –3.4 CoinbaseGlbl(COIN) 22771446 256.62 +50.85 +24.7
Target(TGT) 7965287 169.72 +14.43 +9.3 NatlHealthcare(NHC) 40346 92.54 –3.73 –3.9 Alphabet C(GOOG) 19490645 136.29 –1.79 –1.3
AmylyxPharm(AMLX) 67388 3.36 –15.35 –82.0
BankofAmerica(BAC) 7942682 35.60 +1.25 +3.6 MAG Silver(MAG) 38963 9.01 +0.37 +4.3 CrowdStrike(CRWD) 18032865 322.85 +8.25 +2.6
QT Imaging(QTI) 7666 1.35 –2.65 –66.3
GeneralElec(GE) 7863123 167.96 +9.31 +5.9 NovaGoldRscs(NG) 35292 2.55 +0.06 +2.4 Costco(COST) 14673616 725.56 –23.88 –3.2
CSP(CSPI) 512 35.76 –20.14 –36.0
Chevron(CVX) 7481856 149.88 –2.93 –1.9 Globalstar(GSAT) 33646 1.32 –0.16 –10.8 Intel(INTC) 12200494 44.00 +0.18 +0.4
TurnstoneBiologics(TSBX) 536 3.16 –1.46 –31.6
Visa(V) 7332828 280.04 –3.12 –1.1 SilvercorpMetals(SVM) 33189 2.72 +0.25 +10.1 PaloAltoNtwks(PANW) 11387233 280.20 –22.20 –7.3
LixiangEduc(LXEH) 236 4.22 –1.68 –28.5
MorganStanley(MS) 6859725 87.04 +0.56 +0.6 ParkNational(PRK) 29404 134.28 +5.46 +4.2 Qualcomm(QCOM) 9991921 170.57 +7.48 +4.6
XerisBiopharma(XERS) 20167 2.35 –0.83 –26.1
Disney(DIS) 6639709 110.32 –1.63 –1.5 Ur-Energy(URG) 26654 1.57 –0.10 –6.0 MarvellTech(MRVL) 9145577 75.42 –2.19 –2.8
Codexis(CDXS) 3742 3.47 –1.14 –24.7
JPMorganChase(JPM) 6522709 188.22 +2.93 +1.6 IvanhoeElectric(IE) 23239 8.75 +1.11 +14.5 MicronTech(MU) 9140610 97.62 +2.47 +2.6
IncannexHealthcare(IXHL) 608 4.17 –1.31 –23.9

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer than 5,000 shares or priced under $5.
Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
36 BARRON’S March 11, 2024

RE SEARCH REPORTS
For a look back at more analyst
research and reports, go online to
barrons.com/researchreports

How Analysts Size

Up Companies
Walt Disney • DIS-NYSE company completes one of the largest Insider Transactions
Buy • Price $112.87 on March 5 investment cycles in its history. While Purchases Sales
These reports, by MoffettNathanson its shares are up 12% over the past $ Val $ Val
Company Symbol Insiders Shares (000's) Company Symbol Insiders Shares (000's)
excerpted and three months, Ulta remains one of Keurig Dr Pepper KDP 2 257,731 7,500 Tpg TPG 15 5,462,835 227,487
edited by Barron’s,
Disney CEO Bob Iger shared a few the few stocks within the hardlines/ Transocean Ltd
Gogo
RIG
GOGO 2
1 1,000,000
301,654
4,890
2,508
Alpha Metallurgical Resources
Salesforce
AMR
CRM
7
3
237,400 89,753
292,090 85,634
were issued recently
by investment and noteworthy tidbits during his appear- broadlines retail sector trading below Jazz Pharmaceuticals Plc JAZZ 1 12,000 1,436 Airbnb ABNB 3 350,314 55,348
South Plains Financial SPFI 1 50,000 1,250 Abbvie ABBV 5 302,459 53,560
research firms. ance at Morgan Stanley’s Tech, Media, its five-year average historical multi- Ionq IONQ 1 115,000 1,067 Coinbase Global COIN 3 224,454 48,022
J B Hunt Transport Services JBHT 1 5,000 1,015 Technipfmc Plc FTI 5 2,162,116 47,266
The reports are a & Telecom conference that reinforce ple. Considering the resiliency of the Dominion Energy D 1 21,735 998 Intuitive Surgical ISRG 1 108,790 41,893
sampling of analysts’ Agrify AGFY 1 1,842,104 892 Linde Plc LIN 2 90,821 41,314
the encouraging direction in which the beauty category, Ulta’s significant Agree Realty ADC 1 16,000 888 Hess HES 2 266,710 38,953
thinking; they should Reservoir Media RSVR 1 100,000 728 Monster Beverage MNST 1 659,000 38,584
not be considered
company seems to be moving. Iger growth in market share over the past Gates Industrial Corporation Plc GTES 1 50,000 728 Avidxchange AVDX 7 2,693,824 35,122
the views or recom- shared that Disney is currently pacing several years, and company-specific Devon Energy
Darling Ingredients
DVN
DAR 2
1 15,000
14,000
666
590
Datadog
Medpace
DDOG
MEDP
8
3
255,320 32,350
76,392 30,736
mendations of ahead of its $8 billion free-cash-flow drivers to help defends its margins, we Nb Bancorp NBBK 3 38,500 538 Celsius CELH 7 350,461 29,299
A-Mark Precious Metals AMRK 1 20,000 513 Cimpress Plc CMPR 1 300,000 29,250
Barron’s. Some of guidance for fiscal 2024. We believe think risk-reward remains appealing Jbg Smith Properties JBGS 1 30,000 506 Ingersoll Rand IR 1 320,000 28,848
the reports’ issuers Sunopta STKL 1 74,000 496 Mastercard MA 2 51,925 24,619
lower content spend and better Parks from here. Price target: $690. Fulcrum Therapeutics FULC 1 43,360 492 West Pharmaceutical Services WST 2 66,151 23,802
have provided, or Solaredge Technologies SEDG 1 7,000 474 Apollo Global Management APO 1 207,580 22,949
hope to provide, performance are driving this improve-
investment-banking ment. We raise our full-year free-cash- Old Dominion Freight Line An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any
trade to the SEC within two business days. The tables highlight companies that filed with the SEC through last Wednesday. The tables
or other services to flow estimate from $7.8 billion to $8.5 • ODFL-Nasdaq do not include pension-plan or employee stock-option activity, trades by beneficial owners of 10% or more, trades under $2 per share or
the companies being trades under 100 shares. The "Purchases" column includes only open-market and private purchases; the "Sales" column includes only
billion, or $4.65 per share. On the Neutral • Price $430.08 on March 6 open-market and private sales, and excludes trades preceded by option exercise in the 12 months prior to the reported event. Source:
analyzed. Thomson Reuters
Parks front, Iger also shared that by BofA Securities
Parks/Experiences for the fiscal second Insider Transactions Ratio
quarter is on track to post low- to mid- We lower our rating on Old Dominion’s
150
teen Ebit growth, despite tough comps. shares to Neutral from Buy, as we see
Given the upside to U.S. demand, com- limited upside to our price objective, 125
bined with more modest cost growth, given the stock’s elevated multiple and
100
plus continued momentum interna- the fact that volume growth has trailed Bearish
tionally, we are increasing our total our forecast. We increase our price 75
Ratio = 36
Parks second-quarter revenue growth objective to $446 from $443, based on 50
to 9% (versus 5% prior) and Ebit 35.5 times our 2024 EPS estimate,
growth to 13% (versus 5% prior). given better-than-expected pricing 25
Lastly, and perhaps most importantly, from the mid-first-quarter 2024 update Bullish 0
Iger acknowledged the need to close the and earnings leverage as demand re- M A M J J A S O N D J F M
gap of Disney’s direct-to-consumer turns. Given the tight less-than-truck- Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish. The total top 20 sales and buys are
technology capabilities relative to Net- load backdrop, we remain positive on 1,024,786,745 and 28,173,981 respectively; Source: Thomson Reuters
flix, further reducing churn and taking leading carriers, given potential earn-
a closer look at Disney+ distribution ings leverage as demand returns. We
costs, which we believe are weighing lower our 2024 and 2025 EPS esti- to focus on higher-returning unit for improvement and should grow in
on margins. We increase our price tar- mates 1% each, to $12.55 and $14.65, as growth, developing a loyalty program the second half of 2024. Meanwhile,
get to $125, based on a 21.5 times price/ we lower our volume estimates. and new heartier menu items to drive third-party data points suggest Wil-
earnings ratio on our raised fiscal 2025 brand breadth/frequency. The initial liams-Sonoma is stemming market
EPS estimate. Sweetgreen • SG-NYSE investment in Spyce Kitchen in August share losses, setting it up to perform
Overweight • Price $17.83 on March 5 2021 allowed the development in a ro- more in line with the industry in
Ulta Beauty • ULTA-Nasdaq by J.P. Morgan botic assembly, Infinite Kitchen, which 2024. While the demand environ-
Buy • Price $546,54 on March 4 should have a transformative influence ment will be an important driver
by UBS Since its founding in Washington, D.C., on this brand’s speed, consistency, of earnings growth, our analysis
in 2007, Sweetgreen has developed a labor hour usage, and overall store points to at least 75 basis points of
We think Ulta is set up for another relatively small, 225-store footprint economics. It should allow annual 15% operating margin expansion in 2024,
strong year in 2024. This should come {serving salads and grain bowls], with unit growth. Price target: $20. to 16.9%, on flat comp growth and
after the company had a good fourth longer-term target to reach 1,000 2% sales growth, translating to $15.71
quarter, capitalizing on strength in the stores. The [Nov. 18, 2021] IPO was Williams-Sonoma • WSM-NYSE of EPS. Despite strong year-to-date
beauty category. We believe the stock priced at $28, and traded as high as $56 Outperform • Price $239.71 on March 7 performance (Williams-Sonoma +18%
will continue to grind higher over the in the days after, with stock volatility by Wedbush versus Russell 1000 +3%), Williams-
next few quarters as evidence grows since then reflective of the urban recov- Sonoma remains our top pick in home
that 1) Ulta can manage through a ery and newer market growth chal- We remain constructive on Williams- furnishings retail, as we see the com-
volatile demand environment, 2) it can lenges faced by the company the past Sonoma into fourth-quarter 2023 pany poised to benefit from modest
sustain its margins despite slower two years. Heady expectations quickly earnings on March 13. Although top-line growth and several margin
top-line growth compared with fiscal faded and led to the company both home furnishings demand weakened tailwinds that should drive $1-plus
’23, and 3) flow-through will improve reining in its high general and adminis- to finish the fiscal year, we continue in EPS growth.
further in fiscal ’25 and beyond as the trative spending levels and retrenching to believe that the industry is poised Price target: $280.
March 11, 2024 BARRON’S 37

Barron's 50-Stock Average 53 Dow Jones Averages 49 Money Rates, U.S. & Foreign 51 Vital Signs 29

DATA
Cash Track 47 Dow Jones Per Share Values 50 Mutual Funds 47 Week In Stocks 50
Charting the Market 34 Exchange Traded Portfolios 46 N.Y. Stock Exchange 37 Weekly Bond Statistics 52
Coming Earnings 51 Federal Reserve Data Bank 52 Nasdaq National Market 41 Winners & Losers Stocks 35
Conference Call Calendar 51 Foreign Exchange 51 New Corporate Listings 50
Consensus Estimate 51 Gold & Silver Prices 52 New Highs & Lows 53
Delta Tactical Sentiment 51 Gold Mining Index 52 NYSE Half-Hourly Volume 50
Distributions & Offerings 53 Indexes P/Es & Yields 50 Other Market Indexes 49
Dividend Boosts - Reductions 52 Initial Public Offerings 50 Pulse of the Economy 51
Dividend Ex-Payment Dates 52 Investor Sentiment Readings 50 Stock Splits - Special Dividends 52
DJ Averages 49 Key Foreign Market Indexes 45 Stock Volume 50
Contact Us
DJ U.S. Total Market Industry Groups 51 Market Lab 49 Trading Diary 49 For queries, email us at
Statistics from March 4-8, 2024 memberservices@dowjones.com

NEW YORK STOCK EXCHANGE COMPOSITE LIST - NEW HIGHS - NEW LOWS

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
60.45 27.92 Alteryx AYX ... dd 48.16 +0.09 ... 12.74 8.58 ApolloComRlEst ARI 12.7 38 11.04 –0.24 .35 182.08 120.26 AutoNation AN ... 7 149.01 –2.97 ... 62.21 12.35 Biohaven BHVN ... dd 57.97 +8.43 ...
A
3.82 1.75 AlticeUSA ATUS ... 24 2.75 –0.23 ... 115.03 55.16 ApolloGlblMgmt APO 1.6 13 108.75 –2.26 .43 3152.66 2277.88 AutoZone AZO ... 22 3079.49 +43.50 ... 499.27 261.59 Bio-RadLab A BIO ... dd 343.76 +11.46 ...
73.95 49.06 AAR AIR ... 33 64.50 –2.12 ... 24.00 12.83 AltoNeurosci ANRO ... ... 13.76 –1.12 ... 17.90 13.66 AppleHospREIT APLE 5.7 22 16.87 +0.53 .08 198.66 153.07 Avalonbay AVB 3.6 29 186.95 +8.81 1.70 55.00 35.83 Birkenstock BIRK ... 87 47.18 –0.65 ...
53.05 37.61 ABMIndustries ABM 2.1 11 41.92 +0.71 .225 48.04 39.07 Altria MO 9.4 9 41.87 +1.01 .98 194.28 122.24 AppliedIndlTechs AIT .8 19 185.01 –7.36 .37 41.22 27.46 Avangrid AGR 4.9 18 35.83 +4.70 .44 66.85 46.43 BlackHills BKH 4.8 14 53.84 +2.41 .65
6.62 4.30 ACCO Brands ACCO 5.5 dd 5.46 –0.14 .075 7.28 4.08 AltusPower AMPS ... 12 6.62 –0.27 ... 145.14 109.95 Aptargroup ATR 1.1 34 143.09 +2.80 .41 31.31 17.24 AvanosMedical AVNS ... dd 19.89 +1.13 ... 5.75 2.55 BlackBerry BB ... dd 2.76 –0.02 ...
11.24 6.62 AcresCmclRlty ACR ... 32 11.16 +0.12 ... 17.80 11.26 AmbacFin AMBC ... 96 15.38 –0.81 ... 115.12 71.01 Aptiv APTV ... 8 78.19 –0.86 ... 25.85 16.63 Avantor AVTR ... 54 25.64 +0.64 ... 845.00 596.18 BlackRock BLK 2.4 23 836.12 +21.29 5.10
6.04 0.36 ADC Therap ADCT ... dd 4.50 –0.36 ... 3.23 2.42 Ambev ABEV 5.0 14 2.56 +0.08.1443 31.94 23.55 Aramark ARMK 1.2 13 31.66 +0.92 .11 219.57 158.93 AveryDennison AVY 1.5 35 215.73 –0.99 .81 2.37 1.04 BlackSkyTech BKSY ... dd 1.45 +0.03 ...
7.62 4.89 ADT ADT 3.4 14 6.51 –0.79 .055 11.39 8.45 Amcor AMCR 5.3 21 9.36 +0.27 .125 17.74 10.10 ArborRealty ABR 13.3 7 12.86 –0.06 .43 42.63 27.73 Avient AVNT 2.5 50 41.34 +0.81.2575 133.53 76.19 Blackstone BX 2.7 69 125.99 –2.10 .94
94.01 74.40 AECOM ACM .8 cc 91.73 +2.35 .22 18.23 13.10 AmerSports AS ... ... 15.49 –2.17 ... 7.27 4.15 ArcadiumLithium ALTM ... ... 4.84 –0.69 ... 45.13 30.53 Avista AVA 5.6 15 34.10 +0.79 .475 23.82 16.61 BlackstoneMtg BXMT12.3 14 20.21 –0.24 .62
25.74 11.43 AES AES 4.2 50 16.25 +0.78.1725 26.13 15.79 AmerantBncpA AMTB 1.6 23 22.26 +1.29 .09 30.49 21.30 ArcelorMittal MT ... 27 26.09 +0.16 ... 34.45 25.03 AxaltaCoating AXTA ... 27 33.15 +0.67 ... 3.37 0.53 BlendLabs BLND ... dd 3.10 +0.35 ...
86.20 60.20 Aflac AFL 2.4 11 82.11 +1.68 .42 91.18 67.03 Ameren AEE 3.7 17 73.01 +1.69 .67 187.60 102.42 ArchResources ARCH .5 8 184.50 +15.50 1.40 60.00 32.05 AxosFinancial AX ... 8 51.44 +0.71 ... 52.90 28.83 BlockHR HRB 2.7 13 48.19 +0.05 .32
140.46 105.77 AGCO AGCO 1.0 7 112.71 +2.25 .29 63.19 17.55 Ameresco AMRC ... 18 21.13 +1.59 ... 7.49 1.77 ArcherAviation ACHR ... dd 4.58 +0.03 ... 13.87 5.80 Azul AZUL ... dd 7.41 –0.01 ... 83.29 38.85 Block SQ ... cc 80.74 +1.49 ...
6.89 4.82 AG Mortgage MITT11.9 4 6.07 ... .05 23.07 16.00 AmericaMovil AMX 1.8 14 19.11 +0.39.1967 87.30 50.72 ADM ADM 3.6 8 54.81 +0.57 .50 21.26 8.41 BloomEnergy BE ... dd 10.31 +1.23 ...
B
15.00 3.60 a.k.a.Brands AKA ... dd 10.46 –3.08 ... 23.92 16.04 AmericanAssets AAT 6.4 25 21.00 –0.59 .335 19.42 8.78 Archrock AROC 3.7 27 17.98 –0.38 .165 15.35 11.68 BlueOwlCapital OBDC 9.8 7 15.17 +0.12 .35
54.97 3.59 AMC Ent AMC ... dd 4.30 –0.06 ... 9.55 6.29 AmericanAxle AXL ... dd 6.69 –0.18 ... 13.20 7.02 ArcosDorados ARCO 1.6 14 11.54 –0.28 .04 1.64 0.70 Bark BARK ... dd 1.39 +0.14 ... 18.33 9.70 BlueOwlCapital OWL 3.2 cc 17.61 –0.37 .14
112.44 53.77 AMN Healthcare AMN ... 12 60.89 +4.08 ... 26.44 9.95 AmerEagle AEO 2.2 26 22.29 –1.85 .125 89.07 55.47 Arcosa ACA .2 26 84.72 +1.27 .05 16.68 7.20 B&G Foods BGS 6.8 dd 11.19 –0.72 .19 132.67 61.80 BlueLinx BXC ... 23 119.77 –9.58 ...
9.20 3.64 AMTD Digital HKD ... 16 3.67 –0.21 ... 56.09 31.57 AmerEquity AEL ... 26 55.59 –0.03 ... 25.47 12.95 ArcusBiosci RCUS ... dd 17.99 –1.11 ... 22.54 18.71 BBB Foods TBBB ... ... 20.97 –0.31 ... 267.54 176.25 Boeing BA ... dd 198.49 –1.51 ...
5.49 1.65 AMTD IDEA AMTD ... 1 1.70 –0.01 ... 224.90 140.91 AmerExpress AXP 1.3 20 223.37 +3.71 .70 4.38 2.57 ArdaghMetalPkg AMBP11.6 dd 3.46 +0.24 .10 48.38 35.84 BCE BCE 7.7 22 36.53 –0.45.7406 143.56 59.32 BoiseCascade BCC .6 11 129.20 –8.59 .20
11.29 10.49 AP Acqn A APCA ... 64 11.24 +0.02 ... 129.76 105.22 AmericanFin AFG 2.2 13 128.70 +1.33 2.50 18.11 11.59 ArdmoreShipping ASC 5.8 6 15.78 –0.47 .21 3.40 1.68 BEST BEST ... dd 2.13 +0.05 ... 104.91 64.33 BootBarn BOOT ... 17 89.28 –2.87 ...
3.69 2.58 ARC Document ARC 7.6 14 2.63 –0.02 .05 14.56 12.63 AmerHlthcrREIT AHR ... ... 13.81 +0.13 ... 10.76 10.10 AresAcqnII A AACT ... 39 10.55 +0.02 ... 13.89 8.85 BGSF BGSF 6.2 16 9.70 –0.43 .15 150.59 87.99 BoozAllen BAH 1.4 47 147.14 –1.04 .51
11.68 6.70 ASE Tech ASX 3.8 24 11.22 +1.31.5714 37.97 28.79 AmHomes4Rent AMH 2.8 37 36.85 +0.06 .26 11.24 7.15 AresCommRealEst ACRE13.2 dd 7.55 –0.21 .25 69.11 54.28 BHP Group BHP 5.3 20 57.30 –1.04 1.44 47.05 29.51 BorgWarner BWA 1.4 12 32.04 +0.89 .17
104.20 63.27 ASGN ASGN ... 23 103.27 +2.51 ... 75.48 45.66 AIG AIG 1.9 15 74.41 +1.57 .36 139.48 71.36 AresMgmt ARES 2.8 55 134.10 +0.98 .93 139.50 51.94 BILL BILL ... dd 68.63 +2.65 ... 9.01 5.70 BorrDrilling BORR .0 92 6.53 +0.34 .05
19.99 13.43 AT&T T 6.5 9 17.20 +0.22.2775 31.59 11.69 AmRltyInv ARL ... 7 19.84 +0.49 ... 49.49 37.37 Argan AGX 2.4 20 49.27 +2.53 .30 6.95 2.00 BitMining BTCM ... dd 3.15 –0.55 ... 395.52 294.70 BostonBeer SAM ... 48 298.81 –5.67 ...
51.95 34.10 ATI ATI ... 20 50.63 +1.39 ... 95.08 70.22 AmerStWater AWR 2.4 21 72.30 +0.66 .43 12.92 6.69 ArisWater ARIS 3.0 20 11.99 –0.19 .09 78.97 60.33 BJ'sWholesale BJ ... 19 75.48 +4.01 ... 24.25 13.55 BostonOmaha BOC ... cc 15.69 –0.96 ...
20.28 5.78 ATI PhysTherapy ATIP ... dd 6.66 –0.24 ... 14.75 6.15 AmerStratInvt NYC ... dd 6.65 –0.89 ... 292.66 131.68 AristaNetworks ANET ... 42 273.11 –14.63 ... 40.84 33.52 BP BP 4.7 7 36.41 +0.77.4362 73.97 46.18 BostonProps BXP 6.1 53 63.94 –2.31 .98
48.89 33.02 ATS ATS ... 28 37.49 –1.08 ... 219.10 154.58 AmerTowerREIT AMT 3.1 65 207.31 +5.55 1.70 12.11 5.27 ArloTech ARLO ... dd 11.21 –0.62 ... 10.30 2.00 BP Prudhoe BPT ... 2 2.12 –0.17 ... 68.07 46.20 BostonSci BSX ... 63 67.66 +0.53 ...
15.99 10.04 A10Networks ATEN 1.8 25 13.52 –0.13 .06 22.58 8.41 AmerVanguard AVD 1.1 72 10.83 +0.01 .03 13.11 9.81 ArmadaHoffler AHH 7.7 dd 10.62 +0.22 .205 6.32 2.51 BRC BRCC ... dd 4.91 +0.79 ... 16.99 8.85 Bowlero BOWL 1.7 67 12.76 –0.43 .055
62.88 51.25 AXIS Capital AXS 2.9 15 61.18 +0.32 .44 153.43 114.25 AmerWaterWorks AWK 2.4 24 118.44 –1.24.7075 27.08 13.32 ArmourResREIT ARR 14.8 dd 19.48 –0.25 .24 3.35 1.06 BRF BRFS ... dd 3.32 +0.31 ... 31.94 23.29 Box BOX ... 44 29.63 +3.09 ...
50.23 21.34 AZEK AZEK ... 62 48.90 –0.05 ... 2.74 0.93 AmericanWell AMWL ... dd 1.03 –0.03 ... 123.82 62.03 ArmstrongWorld AWI .9 24 122.11 +1.17 .28 20.90 15.21 BRT Apartments BRT 6.2 cc 16.12 +0.50 .25 73.00 52.42 BoydGaming BYD 1.1 10 63.16 –1.72 .17
74.70 34.59 AZZ AZZ 1.0 25 71.49 –0.60 .17 33.90 24.31 AmericoldRealty COLD 3.3 dd 26.28 +0.04 .22 147.42 108.51 ArrowElec ARW ... 8 120.03 –0.16 ... 107.18 60.17 BWX Tech BWXT .9 39 103.19 +0.81 .24 63.02 46.77 Brady BRC 1.6 15 57.28 –1.40 .235
16.16 6.72 Aaron's AAN 6.9 93 7.25 –0.07 .125 419.24 275.09 Ameriprise AMP 1.3 17 412.01 +1.42 1.35 45.92 28.98 ArtisanPtrsAsset APAM 5.5 14 44.71 +1.02 .34 6.64 0.96 Babcock&Wilcox BW ... dd 1.43 +0.11 ... 4.58 1.91 BraemarHtls BHR 9.8 dd 2.04 –0.10 .05
121.64 89.67 AbbottLabs ABT 1.8 37 120.96 +2.34 .55 182.72 131.52 Ametek AME .6 32 181.44 +0.76 .28 20.49 11.44 Artivion AORT ... dd 20.02 +1.00 ... 170.86 112.46 BadgerMeter BMI .7 51 161.04 +1.12 .27 5.67 3.42 BrandywineRealty BDN 13.4 dd 4.49 +0.19 .15
182.42 130.96 AbbVie ABBV 3.5 66 178.85 –0.06 1.55 4.00 2.15 Ampco-Pitt AP ... 34 2.53 +0.09 ... 26.27 15.41 Asana ASAN ... dd 18.97 –1.10 ... 2.75 0.56 Bakkt BKKT ... dd .60 +0.02 ... 6.00 4.49 BrasilAgro LND 13.2 9 4.80 +0.01 .621
140.28 21.74 Abercrombie&Fitch ANF ... 19 118.64 –12.73 ... 112.40 72.00 Amphenol APH .8 36 110.41 –0.40 .22 256.39 178.40 AsburyAutomotive ABG ... 7 209.70 –0.10 ... 65.75 42.81 Ball BALL 1.2 29 65.27 +0.99 .20 12.67 6.26 Braskem BAK ... dd 8.02 –0.78 ...
17.73 12.37 AcadiaRealty AKR 4.4 83 16.51 –0.22 .18 9.79 3.56 AmplifyEnergy AMPY ... 1 5.15 –0.97 ... 5.09 1.24 AshfordHosp AHT ... dd 1.51 –0.23 ... 19.79 7.28 Bally's BALY ... dd 10.62 –0.06 ... 41.89 23.19 BreadFinancial BFH 2.2 3 38.92 +0.64 .21
12.05 8.28 AccelEnt ACEL ... 22 11.45 –0.04 ... 10.63 2.59 AmpriusTech AMPX ... dd 2.66 –0.43 ... 105.15 70.82 Ashland ASH 1.6 31 95.51 +0.06 .385 16.08 9.72 BancCalifornia BANC 2.7 dd 14.86 +0.48 .10 13.10 6.67 BridgeInvt BRDG 4.1 dd 6.83 –0.63 .07
387.51 242.80 Accenture ACN 1.4 35 378.17 –2.82 1.29 23.76 11.78 Amrep AXR ... 7 23.00 +1.36 ... 18.72 5.33 AspenAerogels ASPN ... dd 17.02 –0.59 ... 7.70 3.73 BancoBBVA BBAR .0 4 7.37 +1.01.064 119.13 71.65 BrightHorizons BFAM ... 92 117.68 +1.61 ...
264.30 149.30 AcuityBrands AYI .2 22 253.92 +2.31 .15 11.70 7.60 AndrettiAcqnA WNNR ... cc 10.40 +1.21 ... 36.53 22.92 AssetMarkFin AMK ... 22 36.14 +1.06 ... 10.93 6.24 BBVA BBVA 3.8 7 10.80 +0.70.1685 3.23 0.81 BrightScholar BEDU ... ... 2.04 –0.48 ...
70.10 43.62 Acushnet GOLF 1.3 22 64.23 –1.27 .215 11.60 6.71 AngelOakMtgREIT AOMR12.4 8 10.34 –0.12 .32 22.16 14.47 AssociatedBanc ASB 4.2 19 21.13 +0.49 .22 3.21 2.12 BancoBradesco BBDO 6.2 9 2.49 –0.04.0035 24.27 15.23 BrightSphere BSIG .2 15 22.96 +0.32 .01
12.51 7.34 Adecoagro AGRO 3.2 7 10.11 +0.03.1649 30.27 14.91 AngloGoldAsh AU .9 cc 22.36 +2.86 .19 40.55 31.01 AssocCapital AC .6 19 33.44 +0.14 .10 24.10 17.96 BancodeChile BCH 4.7 8 23.22 +0.041.6924 8.01 5.20 BrightSpire BRSP11.9 dd 6.75 –0.20 .20
46.51 30.11 Adient ADNT ... 16 35.24 +1.80 ... 67.09 51.66 AB InBev BUD 1.0 24 62.08 +1.91.8245 183.14 104.49 Assurant AIZ 1.6 15 178.51 –1.95 .72 28.84 16.26 Bladex BLX 7.0 6 28.43 +1.28 .50 10.12 5.16 BrightView BV ... dd 9.90 +1.09 ...
62.99 33.59 AdtalemGlbEduc ATGE ... 18 50.09 +0.95 ... 21.07 14.52 AnnalyCap NLY 13.2 dd 19.64 +0.35 .65 96.60 45.21 AssuredGuaranty AGO 1.4 7 90.30 –1.51 .31 41.99 16.31 BancoMacro BMA .0 2 39.90 +0.48.4262 90.13 59.46 Brink's BCO 1.0 45 84.19 +1.76 .22
130.54 47.73 AdvanceAuto AAP 1.4 99 73.08 +3.82 .25 23.89 5.42 AnnovisBio ANVS ... dd 8.97 +0.10 ... 175.30 116.14 Atkore ATKR .8 10 168.47 –4.05 .32 6.66 4.76 BancSanBrasil BSBR 4.3 ... 5.71 –0.06.0831 49.85 28.23 BrinkerIntl EAT ... 14 49.05 +2.81 ...
168.44 75.02 AdvDrainageSys WMS .3 26 161.75 –1.09 .14 13.72 9.56 AnteroMidstream AM 6.7 17 13.35 –0.16 .225 38.30 23.32 AtlUnionBkshs AUB 3.7 14 35.05 +1.91 .32 21.81 16.24 BcoSantChile BSAC 4.9 13 19.33 –0.501.2511 71.07 47.58 BristolMyers BMY 4.5 14 53.79 +2.90 .60
41.11 23.93 AdvanSix ASIX 2.4 14 26.88 –0.39 .16 30.90 19.91 AnteroResources AR ... 35 26.65 +0.73 ... 24.69 15.06 AtlasEnergy AESI 3.0 12 20.17 +0.84 .21 4.35 3.20 BancoSantander SAN 3.1 6 4.31 +0.16.1027 0.14 0.02 BristolMyersRt CELG.RT .0 ... .06 –0.01.0199
6.12 4.02 Aegon AEG 4.8 dd 5.80 +0.22.1734 9.43 4.09 AnywhereRealEst HOUS ... dd 5.96 –0.29 ... 125.28 101.00 AtmosEnergy ATO 2.8 18 115.82 +3.09 .805 34.43 21.55 BanColombia CIB 3.4 10 32.68 –0.08 .758 31.89 20.08 Bristow VTOL ... dd 25.63 –1.64 ...
83.04 49.58 AerCap AER ... 6 81.44 +4.09 ... 347.37 280.89 Aon AON .8 25 316.75 +2.52 .615 25.39 18.21 AtmusFiltration ATMU ... 12 23.86 –0.10 ... 36.13 24.96 BankofAmerica BAC 2.7 12 35.60 +1.25 .24 37.96 28.35 BritishAmTob BTI 9.9 dd 29.64 –0.14.7431
1.81 0.47 AevaTech AEVA ... dd 1.32 +0.29 ... 37.36 28.22 AptIncmREIT AIRC 5.6 8 32.15 +1.33 .45 3.30 1.01 ATRenew RERE ... dd 1.14 –0.03 ... 33.80 22.93 BankofButterfield NTB 5.9 7 30.07 +0.30 .44 24.47 19.40 BrixmorProp BRX 4.8 23 22.75 –0.06.2725
163.93 120.22 AffiliatedMgrs AMG .0 9 159.10 +1.86 .01 8.93 5.63 ApartmtInv AIV ... dd 7.76 +0.14 ... 34.10 23.81 Autohome ATHM 6.6 12 25.69 –0.32 1.15 75.19 30.83 BankofHawaii BOH 4.5 15 62.76 +2.63 .70 210.24 133.97 BroadridgeFinl BR 1.6 35 203.55 –0.19 .80
151.58 96.80 AgilentTechs A .6 35 147.87 +8.81 .236 39.95 20.05 APi Group APG ... dd 38.93 +1.57 ... 120.25 79.66 Autoliv ALV 2.3 20 117.11 +0.38 .68 100.12 73.98 BankMontreal BMO 3.6 18 94.03 +3.271.1172 17.59 13.68 Broadstone BNL 7.7 18 14.81 –0.27 .285
18.61 5.07 Agiliti AGTI ... dd 9.91 +0.01 ... 56.43 39.65 BankNY Mellon BK 3.0 14 55.47 –0.02 .42 6.31 2.27 BrookdaleSrLiving BKD ... dd 6.05 +0.48 ...
29.44 5.63 agilon health AGL ... dd 5.92 –0.12 ... 51.80 39.80 BankNovaScotia BNS 6.4 11 50.13 +1.47.7843 42.86 28.35 BrookfieldAsset BAM 3.2 11 42.06 +0.48 .38
61.15 43.22 AgnicoEagleMines AEM 2.9 13 54.51 +4.89 .40 34.22 15.83 BankUnited BKU 4.2 12 27.54 +1.31 .29 25.58 14.00 BrookfieldBus BBUC 1.1 9 22.99 +0.39.0625

Five-Day Dow Composite

69.89 52.69 AgreeRealty ADC 5.1 34 57.63 +1.07 .247 9.09 6.23 Barclays BCS 4.4 ... 8.97 +0.31.2671 42.64 28.25 Brookfield BN .8 68 41.67 +0.13 .08
45.18 33.33 AirLease AL 1.9 9 43.80 +3.90 .21 9.89 6.96 BaringsBDC BBDC10.6 8 9.69 –0.14 .26 48.23 25.48 BrookfieldInfr BIPC 4.6 6 35.26 +1.45.405
307.71 212.24 AirProducts APD 2.9 23 241.61 +5.61 1.77 2.50 0.75 Barnes&NobleEduc BNED ... dd .91 +0.01 ... 37.32 21.03 BrookfieldInfr BIP 5.3 cc 30.36 +1.34.405
231.40 157.74 AlamoGroup ALG .5 18 203.27 +0.59 .26 43.66 18.79 BarnesGroup B 1.7 cc 37.74 +2.91 .16 42.53 28.30 BrookfieldReinsur BNRE .0 ... 41.69 +0.30 .08
14.95 10.03 AlamosGold AGI .7 25 13.36 +1.05 .025 Playing for Time: The Dow fell 0.9%, amid concerns about the direction 20.75 13.76 BarrickGold GOLD 2.5 22 15.76 +0.82 .10 42.22 32.75 BrookfieldReinsA1 BNRE.A .0 ... 42.02 +0.72 .08
57.18 30.75 AlaskaAir ALK ... 20 36.59 –0.41 ... 48.43 27.30 Bath&BodyWks BBWI 1.8 12 44.76 –0.92 .20 36.16 21.77 BrookfieldRenew BEPC 5.6 dd 25.26 +0.87 .355
99.41 78.20 AlbanyIntl AIN 1.1 27 95.48 +1.63 .26 of interest rates and the strength of the U.S. economy. Apple fell 5% on 11.55 9.60 BatteryFutureA BFAC ... 47 10.98 ... ... 86.53 52.82 Brown&Brown BRO .6 28 85.19 +1.45 .13
72.65 53.52 Brown-Forman A BF.A 1.6 28 55.60 –5.08.2178
247.44 106.69 Albemarle ALB 1.4 9 118.33 –24.47 .40 worries that the stock had peaked, while IBM gained 4.1%. 21.95 13.62 Bausch+Lomb BLCO ... dd 16.33 –0.14 ...
71.27 52.59 Brown-Forman B BF.B 1.6 27 54.42 –5.95.2178
23.88 19.14 Albertsons ACI 2.3 9 20.86 +0.61 .12 10.15 5.57 BauschHealth BHC ... dd 9.23 –0.66 ...
48.12 23.07 Alcoa AA 1.3 dd 29.85 +2.17 .10 50.21 31.01 BaxterIntl BAX 2.7 dd 43.77 +2.76 .29 99.68 66.47 Brunswick BC 1.9 15 90.25 +2.38 .42
88.03 63.78 Alcon ALC ... 44 87.28 +0.54 ...
Monday Tuesday Wednesday Thursday Friday 4.65 2.89 BaytexEnergy BTE 2.1 dd 3.18 –0.05.0166 48.15 30.18 Buckle BKE 3.7 8 38.18 –2.43 2.50
19.99 15.56 Alexander&Baldwin ALEX 5.3 41 16.69 +0.02.2225 43.50 6.31 Beachbody BODI ... dd 9.34 +1.20 ... 16.77 6.45 Buenaventura BVN .5 cc 16.24 +1.12 .073
39,200 30.49 17.85 Build-A-Bear BBW .0 7 24.17 +0.23 1.50
235.85 155.60 Alexander's ALX 8.3 11 216.34 –3.794.50 35.93 13.56 BeazerHomes BZH ... 6 31.10 –1.14 ...
138.76 90.73 AlexandriaRlEst ARE 4.0 cc 127.17 +2.90 1.27 (Previous Friday Close) 287.32 228.62 BectonDicknsn BDX 1.6 57 239.90 +4.59 .95 208.16 78.47 BuildersFirst BLDR ... 17 199.84 –0.14 ...
105.05 66.63 Alibaba BABA 1.3 13 73.55 –1.07 1.00 99.13 60.55 Belden BDC .2 16 89.66 +3.13 .05 116.59 86.10 BungeGlobal BG 2.9 6 92.20 –0.91.6625
10.10 6.33 Alight ALIT ... dd 9.11 +0.01 ... 39,000 62.76 29.13 BellRing BRBR ... 48 59.77 +0.04 ... 17.70 6.09 BurfordCapital BUR 1.8 ... 14.02 –1.06.0625
136.91 95.94 Allegion ALLE 1.5 21 130.85 +4.05 .48 31.75 20.58 BenchmarkElec BHE 2.1 17 31.12 –0.13 .165 227.50 115.66 BurlingtonStrs BURL ... 41 216.25 +10.49 ...
4.10 0.91 Allego ALLG ... dd .96 –0.03 ... 2.19 0.13 BensonHill BHIL ... dd .19 –0.03 ... 2.90 0.76 ButterflyNtwk BFLY ... dd 1.18 –0.12 ...
66.69 49.29 Allete ALE 4.9 13 57.76 +1.17 .705 86.33 55.50 Berkley WRB .5 17 84.40 +1.71 .11 24.52 16.40 BylineBancorp BY 1.7 8 21.12 +0.40 .09
38,800
37.49 25.83 AllianceBernstein AB 8.0 14 33.83 +1.25 .77 647039 442363 BerkHathwy A BRK.A ... 9 609748 –4216.56 ... C
77.09 41.61 AllisonTransm ALSN 1.4 10 74.04 –1.36 .25 430.00 292.42 BerkHathwy B BRK.B ... 9 403.15 –3.96 ...
168.05 100.57 Allstate ALL 2.3 dd 156.92 +1.77 .92 26.78 18.07 BerkshireHills BHLB 3.2 14 22.50 +1.01 .18 382.43 275.79 CACI Intl CACI ... 23 374.16 +4.44 ...
10.94 2.63 AllurionTech ALUR ... dd 2.72 –0.53 ... 38,600 69.94 53.83 BerryGlobal BERY 1.8 13 60.32 +1.89 .275 65.76 29.05 CAVA CAVA ... cc 63.34 +5.04 ...
38.03 21.59 AllyFinancial ALLY 3.2 13 37.43 +0.10 .30 86.11 62.30 BestBuy BBY 4.8 14 78.58 +0.66 .94 1.49 0.58 CBD Pao CBD ... dd .73 –0.01 ...
7.30 4.58 AlmacenesExito EXTO ... 27 4.84 –0.18 ... -97.55 -404.64 +75.86 +130.30 -68.66 39.27 13.71 Beyond BYON ... dd 35.13 +1.55 ... 77.91 46.30 CBIZ CBZ ... 32 76.60 +0.71 ...
452.00 132.72 AlphaMetal AMR .5 8 376.03 –9.99 .50 38,400 14.26 3.47 BigLots BIG .0 dd 4.42 –1.02 .30 26.39 19.90 CBL&Assoc CBL 6.9 cc 23.25 +0.13 .40
17.72 14.25 AlpineIncmProp PINE 7.0 88 15.80 +0.38 .275 4.80 1.16 BigBear.ai BBAI ... dd 2.57 –0.89 ... 96.00 64.63 CBRE Group CBRE ... 30 94.37 +1.39 ...
10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
20.60 8.76 AltaEquipment ALTG 2.1 51 10.95 –0.62 .057 1058.50 700.00 BiglariA BH.A ... 10 925.00 +27.29 ... 87.90 60.08 CF Industries CF 2.4 11 84.34 +1.84 .50
11.46 10.09 AltC Acqn ALCC ... 57 10.76 +0.13 ... 218.50 137.01 BiglariB BH ... 10 184.02 +15.02 ... 118.64 88.74 CGI A GIB ... 23 116.98 +1.02 ...
38 BARRON’S March 11, 2024

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
7.20 3.34 CI&T CINT ... 16 3.76 –1.15 ... 86.58 58.44 CivitasRscs CIVI 2.9 8 69.41 –1.40 .95 176.84 133.36 Darden DRI 3.0 21 171.57 +0.28 1.31 10.32 5.39 EmpireStateRealty ESRT 1.4 32 9.72 –0.11 .035 7.22 0.38 Fisker FSR ... dd .38 –0.11 ...
63.76 49.87 CMS Energy CMS 3.4 20 60.26 +2.12 .515 10.53 6.07 Clarivate CLVT .0 dd 7.08 –0.06 .00 71.60 38.97 DarlingIngred DAR ... 11 43.53 –0.14 ... 46.78 35.43 EmployersHldgs EIG 2.5 10 44.82 –0.18 .28 3.74 2.03 FivePoint FPH ... 8 3.02 –0.16 ...
47.37 36.17 CNA Fin CNA 4.0 10 43.67 +0.612.00 15.25 9.06 ClarosMtg CMTG12.5 cc 9.91 +0.06 .25 136.60 71.51 DaVita DVA ... 18 135.17 +8.25 ... 21.80 6.52 EmpresaDisCom EDN ... 4 16.19 –1.25 ... 37.18 20.04 FiverrIntl FVRR ... cc 22.66 –0.49 ...
16.09 9.77 CNH Indl CNHI 3.3 7 11.85 –0.21.3823 193.03 129.70 CleanHarbors CLH ... 27 188.14 +4.12 ... 75.53 55.62 Dayforce DAY ... cc 66.92 –1.33 ... 40.30 31.03 Enbridge ENB 7.6 17 35.84 +1.04.6731 298.48 185.04 FleetCorTech FLT ... 22 294.03 +17.43 ...
28.39 19.95 CNO Financial CNO 2.2 11 26.77 –0.20 .15 2.06 0.99 ClearChannelOutdr CCO ... dd 1.79 ... ... 939.82 395.91 DeckersOutdoor DECK ... 33 912.20 +8.91 ... 78.11 51.15 EncompassHealth EHC .8 22 76.45 +2.25 .15 35.85 24.16 FlexLNG FLNG11.8 11 25.49 +0.08 .75
23.68 14.36 CNX Resources CNX ... 2 21.41 +0.32 ... 27.93 15.28 ClearSecure YOU 1.8 66 20.40 +2.04 .09 450.00 345.55 Deere DE 1.6 11 374.10 +6.25 1.47 81.06 35.25 Endava DAVA ... 26 37.50 –1.60 ... 129.37 76.30 Floor&Decor FND ... 54 124.26 +2.89 ...
114.30 49.35 CONSOL Energy CEIX 2.4 5 92.07 +3.16 1.10 21.89 13.02 ClearwaterAnalytic CWAN ... dd 16.93 –0.13 ... 58.81 36.50 DelekLogistics DKL 10.8 14 39.09 –4.951.055 26.26 17.65 Endeavor EDR 1.0 22 24.46 –0.34 .06 6.48 2.75 FlotekIndustries FTK ... dd 2.79 –0.31 ...
26.80 21.59 COPTDefenseProp CDP 4.8 dd 24.72 +0.16 .295 40.98 29.22 ClearwaterPaper CLW ... 6 40.17 +1.64 ... 31.22 19.39 DelekUS DK 3.7 cc 26.50 +0.65 .245 4.55 1.42 EndeavourSilver EXK ... 33 1.89 +0.22 ... 29.10 19.64 FlowersFoods FLO 4.0 40 22.94 +0.71 .23
84.65 46.84 CRH CRH 1.7 21 81.17 –2.43 .35 30.90 17.47 ClearwayEnergyA CWEN.A 6.1 31 21.03 +0.62.4033 131.06 35.96 DellTechC DELL ... 27 116.25 –8.34 ... 3.90 2.20 EnelChile ENIC 10.0 3 2.92 +0.03.0276 43.91 29.99 Flowserve FLS 1.9 31 43.38 +0.74 .21
10.77 5.07 CS Disco LAW ... dd 6.86 +0.17 ... 32.24 18.59 ClearwayEnergyC CWEN 6.7 33 22.56 +0.55.4033 49.81 30.60 DeltaAir DAL .9 6 42.24 +0.08 .10 8.36 3.94 Enerflex EFXT 1.2 dd 6.23 +0.01.0184 43.24 25.69 Fluor FLR ... 77 37.94 +1.29 ...
18.03 15.63 CTO Realty CTO 8.9 cc 17.06 –0.14 .38 21.47 13.61 Cleveland-Cliffs CLF ... 27 20.99 –0.09 ... 21.97 13.61 Deluxe DLX 6.2 33 19.33 –0.08 .30 37.32 27.60 Energizer ENR 4.2 22 28.70 –0.02 .30 221.92 148.00 FlutterEnt FLUT ... dd 218.00 +2.00 ...
49.59 35.50 CTS CTS .4 23 44.56 –0.50 .04 6.86 4.40 ClipperRealty CLPR 7.6 dd 4.98 +0.32 .095 13.44 6.14 DesignerBrands DBI 2.0 6 10.03 –0.72 .05 15.28 11.45 EnergyTransfer ET 8.4 14 15.03 +0.05 .315 143.43 85.66 FomentoEconMex FMX 1.2 12 121.99 –2.841.0138
48.87 16.79 C3.ai AI ... dd 31.70 –4.17 ... 178.21 114.69 Clorox CLX 3.1 cc 155.66 +3.58 1.20 2.41 0.46 DesktopMetal DM ... dd .69 +0.08 ... 3.55 1.35 EnergyVault NRGV ... dd 1.99 +0.22 ... 47.00 14.84 FootLocker FL 6.6 dd 24.20 –10.40 .40
2.25 0.18 Curo CURO ... dd .21 –0.01 ... 116.00 39.90 Cloudflare NET ... dd 97.99 –1.93 ... 10.27 4.91 Despegar.com DESP ... ... 9.54 +0.68 ... 34.32 22.94 EnerpacTool EPAC .1 33 33.59 +0.54 .04 15.42 9.63 FordMotor F 4.9 11 12.18 –0.27 .18
39.36 22.60 CVR Energy CVI 6.0 4 33.09 +0.32 .50 4.10 1.53 CN Finance CNF ... 6 2.03 –0.28 ... 14.11 8.85 DeutscheBank DB ... 6 13.97 +0.38 ... 19.02 12.84 Enerplus ERF 1.1 8 17.81 +0.04.0607 38.73 13.76 Forestar FOR ... 10 37.38 +3.00 ...
104.86 60.50 CVR Partners UAN 27.3 4 65.32 –1.09 1.68 64.99 51.55 Coca-Cola KO 3.3 24 59.52 –0.01 .485 56.19 40.47 DevonEnergy DVN 5.2 8 46.16 +1.77 .22 113.34 78.81 EnerSys ENS 1.0 14 93.81 +1.99 .225 4.02 1.10 ForgeGlobal FRGE ... dd 1.85 –0.10 ...
83.25 64.41 CVS Health CVS 3.5 12 75.07 +1.23 .665 104.38 69.33 Coca-Cola Femsa KOF 3.1 24 95.84 –1.121.6528 190.02 135.63 Diageo DEO 2.7 21 149.16 –1.55 1.62 11.56 7.37 Enfusion ENFN ... cc 8.30 –0.37 ... 46.28 36.30 Fortis FTS 4.3 17 40.05 +1.49.4382
768.75 405.75 CableOne CABO 2.6 10 450.68 –6.95 2.95 4.55 2.00 CoeurMining CDE ... dd 3.13 +0.42 ... 17.32 9.56 DiamondOffshore DO ... dd 12.28 +0.43 ... 14.59 7.12 Enhabit EHAB ... dd 10.34 +1.53 ... 86.61 62.70 Fortive FTV .4 35 85.05 –0.59 .08
89.16 63.73 Cabot CBT 1.8 11 87.11 +1.48 .40 78.58 50.05 Cohen&Steers CNS 3.1 29 75.55 +2.50 .59 9.99 7.14 Diamondrock DRH 1.2 27 9.65 +0.11 .03 23.17 18.94 Ennis EBF 5.0 12 19.83 –0.42 .25 4.20 2.58 FortunaSilver FSM ... dd 3.24 +0.33 ...
57.00 31.37 Cactus WHD 1.0 18 46.53 +0.51 .12 67.94 26.29 Coherent COHR ... dd 63.86 +0.39 ... 4.36 2.81 DianaShipping DSX 9.9 7 3.02 –0.08 .075 64.51 35.30 EnovaIntl ENVA ... 12 63.51 +0.37 ... 83.85 54.10 FortuneBrands FBIN 1.2 26 81.47 –1.44 .24
18.91 16.29 Cadeler CDLR ... 14 17.59 +0.20 ... 88.50 67.62 ColgatePalm CL 2.2 32 88.07 +1.58 .48 190.12 100.98 Dick's DKS 2.2 16 181.11 –0.13 1.00 66.14 43.04 Enovis ENOV ... dd 61.99 +1.61 ... 29.50 17.65 ForumEnergyTech FET ... dd 18.95 –0.25 ...
31.45 16.95 CadenceBank CADE 3.6 10 27.93 +0.44 .25 10.48 9.16 ColombierAcqnIIA CLBR ... ... 10.29 +0.06 ... 35.18 16.50 DieboldNixdorf DBD ... 1 34.72 +1.74 ... 10.89 10.16 EnphysAcqnA NFYS ... 30 10.76 ... ... 27.60 20.51 FourCornersProp FCPT 5.7 23 24.28 –0.39 .345
39.30 16.58 Cadre CDRE .9 38 38.46 +2.70.0875 62.64 28.40 Comerica CMA 5.4 8 52.69 +3.10 .71 154.18 86.33 DigitalRealty DLR 3.3 51 149.48 –1.12 1.22 167.21 91.74 Enpro NPO .7 cc 161.39 +5.87 .30 11.82 7.49 FourSeasonsEduc FEDU ... dd 9.80 –0.09 ...
25.04 18.26 CAE CAE ... 30 19.72 +0.83 ... 329.43 127.09 ComfortSystems FIX .3 34 310.02 –4.41 .25 20.99 9.99 DigitalBridge DBRG .2 30 18.39 –0.16 .01 111.90 87.10 Entergy ETR 4.4 9 103.35 +2.88 1.13 161.25 102.29 Franco-Nevada FNV 1.3 dd 115.02 +8.03 .36
39.21 16.85 Caleres CAL .7 9 37.37 –1.33 .07 58.06 39.85 CommercialMetals CMC 1.2 8 54.10 +0.50 .16 51.69 19.39 DigitalOcean DOCN ... cc 39.32 +0.92 ... 28.26 24.66 EnterpriseProd EPD 7.4 11 28.00 +0.25 .515 14.70 11.08 FrankBSPRealty FBRT11.0 9 12.91 –0.04 .355
58.44 34.02 CaliforniaRscs CRC 2.6 6 48.34 –5.62 .31 57.70 35.38 CommBkSys CBU 3.8 19 47.22 +2.03 .45 447.35 272.58 Dillard's DDS .2 9 405.47 –6.07 .25 6.49 1.44 Entravision EVC 13.4 dd 1.49 –2.30 .05 48.76 32.19 FranklinCovey FC ... 31 39.70 +1.41 ...
61.59 44.83 CalWtrSvc CWT 2.4 52 46.30 +0.77 .26 6.53 2.01 CommunityHlthSys CYH ... dd 2.86 –0.01 ... 70.32 42.00 DineBrands DIN 4.1 8 50.36 +1.30 .51 66.50 33.12 Envestnet ENV ... dd 54.29 +3.22 ... 30.32 21.88 FranklinRscs BEN 4.4 15 28.05 +0.63 .31
56.47 31.64 Calix CALX ... 79 35.70 –0.71 ... 37.42 24.50 CommunityHlthcr CHCT 6.7 cc 27.00 –0.15.4575 4.45 1.07 Dingdong DDL ... dd 1.40 +0.24 ... 10.01 5.64 Enviri NVRI ... dd 8.37 +0.11 ... 44.70 32.83 FreeportMcM FCX 1.5 31 39.85 +1.92 .075
41.36 28.62 CallonPetrol CPE ... 5 32.05 +0.19 ... 16.68 8.45 SABESP SBS 1.4 19 16.03 –0.05.2527 11.50 10.35 DirectSellingA DSAQ ... dd 11.03 +0.02 ... 40.92 20.00 Envista NVST ... dd 21.23 +0.31 ... 27.72 16.37 FreseniusMedCare FMS 2.0 22 20.35 +0.99.6181
114.04 82.81 CamdenProperty CPT 4.1 27 101.17 +5.37 1.03 4.40 2.80 EngGr-Cmg C CIG.C 8.3 6 2.98 –0.04.1216 127.34 79.04 DiscoverFinSvcs DFS 2.3 11 121.26 +0.45 .70 33.90 0.25 Enviva EVA ... dd .75 +0.34 ... 30.95 21.41 FreshDelMonte FDP 3.4 dd 24.76 +0.39 .25
51.33 23.69 Cameco CCJ ... 67 41.23 –0.74 ... 2.75 1.92 EngGr-Cmg CIG 10.4 5 2.37 –0.04.1216 115.19 78.73 Disney DIS .7 68 110.32 –1.63 .45 2.74 1.00 EnzoBiochem ENZ ... dd 1.33 ... ... 24.54 13.35 Frontline FRO 9.4 8 23.20 +0.62 .37
56.04 37.94 CampbellSoup CPB 3.5 17 42.25 –0.62 .37 8.91 4.92 COPEL ELP 3.1 ... 8.15 +0.05.1588 26.00 10.66 DiversifiedEnergy DEC 29.4 11 11.92 –0.36 .875 275.10 159.95 Equifax EFX .6 61 270.00 –0.98 .39 3.87 0.96 fuboTV FUBO ... dd 1.68 –0.22 ...
32.88 16.18 CampingWorld CWH 1.8 52 27.76 +0.28 .125 8.25 7.06 COPEL ELPC ... 12 7.33 +0.02 ... 91.02 75.87 DolbyLab DLB 1.4 43 82.82 +0.47 .30 34.73 24.44 Equinor EQNR 3.7 7 26.25 +1.17 .60 8.30 5.41 FullTruck YMM ... 22 6.52 –0.14 ...
22.65 9.80 CanadaGoose GOOS ... 35 12.93 –0.83 ... 4.03 2.11 CiaSiderurgica SID 14.2 dd 3.23 –0.17.1175 14.01 10.55 Dole DOLE 2.7 7 11.66 –0.03 .08 35.34 21.89 Equitable EQH 2.6 10 33.60 –0.13 .22 83.64 62.57 FullerHB FUL 1.0 31 79.16 –0.37 .205
49.78 34.35 CIBC CM 5.1 10 49.60 +1.09.6634 17.74 10.82 CerveceriasUnid CCU 3.4 17 11.75 +0.01.1146 222.99 101.09 DollarGeneral DG 1.5 18 157.31 +8.05 .59 11.21 4.60 EquitransMdstm ETRN 5.4 13 11.15 +0.45 .15 10.31 5.27 FutureFuel FF 4.2 9 5.67 –0.09 .06
132.12 103.96 CanNtlRlwy CNI 1.9 20 128.72 –1.59.5734 25.07 16.88 CompassDiversif CODI 4.1 dd 24.56 +1.47 .25 12.00 3.86 Doma DOMA ... dd 5.51 +1.01 ... 34.99 20.50 EquityBcshs EQBK 1.4 69 31.95 +0.63 .12
73.19 48.81 CanadianNatRscs CNQ 4.1 13 71.69 –0.38 .774 G
4.49 1.82 Compass COMP ... dd 3.74 –0.11 ... 58.69 39.18 DominionEner D 5.6 21 48.00 +3.21.6675 21.49 17.93 EquityCommnwlth EQC ... 25 18.81 –0.14 ...
91.04 68.92 CdnPacKC CP .7 29 89.70 +3.42.1415 39.78 18.88 CompassMinerals CMP 2.9 dd 20.89 –2.68 .15 476.18 285.84 Domino's DPZ 1.4 30 445.01 –2.22 1.51 74.04 60.47 EquityLife ELS 2.9 40 66.64 –0.28.4775 134.98 97.21 GATX GATX 1.7 18 132.76 +5.07 .58
1.88 0.92 Cango CANG ... dd 1.51 –0.03 ... 13.39 7.07 ComstockRscs CRK 5.9 11 8.49 –0.05 .125 74.22 57.05 Donaldson DCI 1.4 24 72.53 +0.01 .25 69.45 52.57 EquityResdntl EQR 4.2 29 63.41 +2.67.6625
22.92 15.93 Cannae CNNE ... dd 22.00 +0.04 ... 12.53 6.94 GEO Group GEO ... 17 11.93 –0.16 ...
38.94 25.16 ConagraBrands CAG 5.0 14 28.13 +0.35 .35 66.00 35.71 DonnelleyFin DFIN ... 23 63.15 –1.43 ... 1.95 1.32 EquusTotReturn EQS ... 2 1.48 –0.01 ... 39.06 26.87 GFLEnvironmental GFL .1 dd 34.73 –0.80 .013
140.86 83.93 CapitalOne COF 1.7 11 137.23 +0.46 .60 10.90 10.08 ConcordAcqnIIA CNDA ... 48 10.55 +0.09 ... 49.54 19.19 DorianLPG LPG .0 5 37.58 +1.35 1.00 16.36 10.12 ErmenegildoZegna ZGN .8 40 14.45 –0.10 .109
54.52 34.17 Capri CPRI ... 26 46.79 +0.98 ... 92.81 50.93 GMS GMS ... 13 90.30 –0.27 ...
17.61 9.80 ConcordAcqnIII A CNDB ... cc 10.75 +0.23 ... 43.00 23.42 DoubleVerify DV ... 78 31.89 +0.44 ... 24.38 11.35 EroCopper ERO ... 20 16.54 –1.20 ... 43.84 33.20 GSK GSK 3.2 14 43.14 +1.11.4061
115.38 68.53 CardinalHealth CAH 1.7 45 115.17 +1.80.5006 1.60 0.40 ConcordMed CCM ... dd .44 –0.08 ... 35.39 23.15 DouglasDynamics PLOW 4.6 26 25.38 +0.76 .295 56.45 36.53 EssentGroup ESNT 2.1 8 53.96 +0.39 .28
23.80 17.86 CareTrustREIT CTRE 4.8 48 23.27 +0.47 .28 67.57 43.57 GXO Logistics GXO ... 26 49.20 –1.73 ...
138.47 78.95 Conmed CNMD .9 42 85.03 +5.08 .20 3.76 1.57 DouglasElliman DOUG .0 dd 1.88 +0.05.0476 26.39 20.49 EssentialProp EPRT 4.6 20 24.93 +0.56 .285 254.00 174.45 Gallagher AJG 1.0 57 251.69 +8.15 .60
367.29 203.66 Carlisle CSL 1.0 26 354.81 +7.71 .85 127.35 91.53 ConocoPhillips COP 2.1 12 113.00 –1.24 .20 16.12 10.09 DouglasEmmett DEI 5.5 dd 13.78 +0.36 .19 45.29 32.07 EssentialUtil WTRG 3.5 19 35.45 +0.59.3071
87.50 55.77 CarMax KMX ... 26 81.77 +2.47 ... 27.65 11.83 GameStop GME ... dd 14.65 –0.30 ...
100.92 80.46 ConEd ED 3.7 13 90.12 +3.11 .83 173.55 127.25 Dover DOV 1.2 23 171.03 +3.73 .51 252.85 195.03 EssexProp ESS 4.0 39 245.44 +11.07 2.45 3.60 1.62 Gannett GCI ... dd 2.05 –0.06 ...
19.74 8.37 Carnival CCL ... dd 16.37 +0.37 ... 273.65 210.15 ConstBrands A STZ 1.4 30 257.69 +7.69 .89 58.10 47.26 Dow DOW 4.9 70 56.61 +0.84 .70 260.46 102.22 EsteeLauder EL 1.8 cc 149.50 +0.67 .66
17.95 7.65 Carnival CUK ... dd 14.88 +0.32 ... 8.42 2.22 GaotuTechedu GOTU ... ... 7.15 –0.94 ...
20.79 13.40 Constellium CSTM ... 22 20.08 +0.65 ... 37.10 19.71 Doximity DOCS ... 42 27.91 –0.14 ... 36.20 24.76 EthanAllen ETD 4.4 11 33.07 –0.11 .36 22.08 7.22 Gap GPS 2.9 16 20.92 +1.86 .15
74.06 38.24 CarpenterTech CRS 1.2 24 67.93 +2.00 .20 4.03 0.95 ContainerStore TCS ... dd 1.24 –0.13 ... 77.72 53.01 DrReddy'sLab RDY .5 20 76.58 +1.76.4877 18.84 14.45 Euronav EURN12.8 5 17.80 +0.16 .57
35.59 18.06 CarriageSvcs CSV 1.7 12 25.90 +1.49.1125 142.73 93.52 Garmin GRMN 2.1 21 141.94 +4.51 .75
15.05 5.52 Volaris VLRS ... cc 7.40 +0.13 ... 40.40 11.45 DreamFinders DFH ... 14 37.86 –0.68 ... 11.05 5.10 EveHolding EVEX ... dd 5.43 –0.01 ... 476.42 292.60 Gartner IT ... 42 463.56 –7.92 ...
60.87 40.28 CarrierGlobal CARR 1.3 37 58.05 +1.59 .19 14.50 10.34 Cool CLCO14.6 3 11.21 –0.47 .41 31.27 18.93 Dril-Quip DRQ ... cc 22.77 –0.37 ... 11.91 5.09 Eventbrite EB ... dd 5.45 –0.24 ...
22.84 14.82 Cars.com CARS ... 11 18.75 +0.15 ... 16.89 10.68 GatesIndustrial GTES ... 19 16.23 +1.40 ...
22.74 9.87 Cooper-Standard CPS ... dd 14.23 +0.16 ... 16.11 8.34 DuckhornPtf NAPA ... 15 8.63 –0.94 ... 198.04 104.36 EvercoreA EVR 1.5 31 196.33 +10.04 .76 7.89 3.51 GatosSilver GATO ... 41 7.68 +1.29 ...
87.95 60.66 Carter's CRI 3.8 13 83.25 +2.85 .80 121.20 78.12 Copa CPA 6.4 ... 100.04 +2.07 1.61 55.05 40.24 Ducommun DCO ... 43 49.64 +1.14 ... 11.91 10.43 EverestConsolA MNTN ... dd 11.08 –0.05 ...
90.48 6.45 Carvana CVNA ... cc 85.30 +2.34 ... 20.91 12.39 GencoShipping GNK 7.9 dd 20.71 +0.02 .41
50.86 20.30 Core&Main CNM ... 24 49.70 +0.73 ... 100.39 83.06 DukeEnergy DUK 4.3 26 94.94 +4.081.025 417.92 331.08 Everest EG 1.9 6 367.70 –2.22 1.75 156.95 79.86 Generac GNRC ... 36 117.10 +2.92 ...
71.33 31.45 Catalent CTLT ... dd 56.51 –0.68 ... 27.95 13.82 CoreLabs CLB .3 18 15.94 +0.48 .01 12.62 8.68 Dun&Bradstreet DNB 1.9 dd 10.44 –0.16 .05 17.85 9.31 Everi EVRI ... 11 9.51 –1.03 ...
344.50 204.04 Caterpillar CAT 1.5 17 339.19 +2.49 1.30 277.43 202.35 GeneralDynamics GD 2.1 23 272.31 +0.36 1.42
25.79 14.01 CorebridgeFin CRBG 3.8 15 24.49 –0.01 .23 78.74 61.14 DuPont DD 2.1 77 71.40 +1.84 .38 81.36 52.03 EversourceEner ES 4.8 dd 60.08 +1.67 .715 175.81 86.45 GeneralElec GE .2 20 167.96 +9.31 .08
9.13 6.26 Cato CATO10.4 dd 6.55 +0.10 .17 31.70 10.15 CoreCard CCRD ... 29 11.55 –1.25 ... 35.09 22.67 DutchBros BROS ... cc 30.24 +0.57 ... 42.21 31.55 Evertec EVTC .5 31 37.62 +0.77 .05
314.00 2.28 Cazoo CZOO ... dd 2.74 –1.86 ... 90.89 60.33 GeneralMills GIS 3.6 16 65.26 +1.32 .59
15.38 7.84 CoreCivic CXW ... 25 14.87 –0.12 ... 143.93 78.42 DycomInds DY ... 19 142.83 +16.51 ... 36.70 23.33 EvolentHealth EVH ... dd 34.32 –0.09 ... 41.80 26.30 GeneralMotors GM 1.0 5 39.50 –1.49 .12
46.60 34.04 CedarFairRec FUN 2.8 17 42.46 +0.04 .30 36.02 25.26 Corning GLW 3.4 48 32.71 +0.26 .28 3.19 2.31 DynagasLNG DLNG ... 3 2.89 –0.07 ... 24.00 13.38 ExcelerateEner EE .8 21 16.11 +0.53 .025
159.06 97.12 Celanese CE 1.8 9 155.49 +2.03 .70 11.20 10.29 GenAsia I A GAQ ... 37 11.01 +0.02 ...
40.42 28.96 Vesta VTMX 1.5 9 37.18 +1.41.1444 61.41 37.21 Dynatrace DT ... 70 46.80 –2.25 ... 131.17 102.89 ExpeditorsIntl EXPD 1.1 24 121.26 +0.62 .69 43.48 17.31 Genesco GCO ... dd 26.49 –5.24 ...
49.36 10.50 Celestica CLS ... 23 46.10 +0.80 ... 17.57 8.63 CorpAmAirports CAAP ... 11 14.35 –0.33 ... 13.56 9.57 DynexCapital DX 12.5 dd 12.50 +0.12 .13 25.04 14.33 Expro XPRO ... dd 18.26 –0.60 ...
6.18 4.65 CementosPacasm CPAC ... 12 6.02 +0.22 ... 12.78 8.05 GenesisEnergy GEL 5.4 51 11.19 –0.38 .15
63.37 43.22 Corteva CTVA 1.2 54 54.68 +1.02 .16 165.85 101.19 ExtraSpaceSt EXR 4.3 31 150.60 +7.24 1.62 30.90 8.28 GenieEnergy GNE 1.6 8 18.93 +0.57 .075
8.81 4.72 Cemex CX ... 60 7.91 +0.07 ... E
17.51 10.13 Cosan CSAN ... dd 13.19 –0.41 ... 120.70 95.77 ExxonMobil XOM 3.5 12 108.38 +2.54 .95 8.45 3.55 GeniusSports GENI ... dd 5.96 –1.32 ...
240.44 147.48 Cencora COR .9 26 237.47 +0.44 .51 11.85 7.71 Costamare CMRE 4.0 4 11.39 –0.10 .115
21.37 14.69 CenovusEnergy CVE 1.8 11 17.66 –0.04.1033 221.83 67.59 elfBeauty ELF ... 89 200.91 –16.49 ... F 46.25 29.41 Genpact G 1.8 10 34.37 +0.43.1525
29.89 22.25 CoterraEnergy CTRA 3.0 12 26.36 +0.40 .21 330.88 151.52 EMCOR EME .2 24 325.01 +5.02 .18 174.91 126.35 GenuineParts GPC 2.6 16 150.96 +1.75 1.00
81.42 60.83 Centene CNC ... 16 78.14 +0.16 ...
13.46 9.02 Coty COTY ... 37 12.73 +0.06 ... 34.30 25.10 ENI E ... 10 32.14 +1.23 ... 48.71 14.76 F&GAnnuities FG 2.3 dd 35.99 –2.40 .21 6.93 4.51 GenworthFin GNW ... cc 6.21 +0.08 ...
31.44 25.42 CenterPointEner CNP 2.8 21 28.33 +0.89 .20
19.99 12.67 Coupang CPNG ... 24 18.34 –0.61 ... 136.79 98.52 EOG Rscs EOG 3.1 9 118.72 +2.62 .91 41.00 24.34 FB Financial FBK 1.9 14 36.64 +1.59 .17 12.40 8.05 GeoPark GPRK 5.9 4 9.23 +0.45 .136
7.71 4.47 CenterraGold CGAU 3.7 dd 5.61 +0.42.0522
21.26 9.91 Coursera COUR ... dd 15.17 –0.76 ... 317.50 197.99 EPAM Systems EPAM ... 44 309.40 +2.57 ... 8.84 4.95 Figs FIGS ... 45 5.61 +0.42 ... 6.16 4.11 Gerdau GGB .6 5 4.24 –0.25.0202
66.99 46.74 Centerspace CSR 5.3 31 56.77 +0.77 .75
25.19 17.40 CousinsProperties CUZ 5.4 43 23.71 +0.44 .32 49.10 33.92 EPR Prop EPR 8.0 22 42.61 +0.85 .285 125.20 49.49 FMC FMC 3.7 6 62.69 +5.38 .58 0.81 0.14 Getaround GETR ... dd .26 +0.02 ...
9.11 5.67 CentraisElBras EBR .5 31 8.69 –0.13.0443
134.01 67.28 Crane CR .6 35 128.54 +6.04 .205 45.23 28.11 EQT EQT 1.7 9 37.52 +0.51.1575 14.01 10.09 FNB FNB 3.5 10 13.65 +0.22 .12 8.18 3.42 GettyImages GETY ... dd 4.80 +0.12 ...
22.00 13.22 CentralPacFin CPF 5.4 9 19.38 +0.73 .26
63.36 36.31 CraneNXT CXT 1.1 14 59.59 +0.34 .16 101.61 54.49 ESAB ESAB .2 30 100.60 +1.60 .06 10.10 1.21 FreyrBattery FREY ... dd 1.75 +0.04 ... 36.45 25.90 GettyRealty GTY 6.6 24 27.22 +0.67 .45
9.84 4.69 CentralPuerto CEPU ... 24 7.88 –0.25 ...
13.68 6.82 CrawfordA CRD.A 3.5 13 8.09 –3.93 .07 118.60 85.50 ESCO Tech ESE .3 28 100.43 –0.86 .08 20.99 17.07 FS KKR Cap FSK 13.3 8 19.20 +0.12 .05 37.65 26.98 Gildan GIL 2.4 11 34.07 –0.54 .205
95.07 56.22 CenturyComm CCS 1.2 10 84.27 –3.07 .26
13.51 6.49 Crawford B CRD.B 3.5 13 8.00 –3.31 .07 2.12 0.75 ESSTech GWH ... dd .90 +0.05 ... 232.15 167.39 FTI Consulting FCN ... 26 204.08 –0.31 ... 2.55 1.12 GinkgoBioworks DNA ... dd 1.22 –0.07 ...
10.71 1.56 ChargePoint CHPT ... dd 1.92 –0.16 ...
176.14 116.42 Credicorp BAP ... 10 175.83 +3.92 ... 6.90 2.15 E2open ETWO ... dd 4.30 –0.01 ... 229.02 90.19 Fabrinet FN ... 31 214.58 –4.02 ... 44.42 26.77 GlacierBancorp GBCI 3.3 20 40.47 +2.95 .33
275.00 161.65 CharlesRiverLabs CRL ... 29 266.97 +2.59 ...
14.22 9.17 CrescentEnergy CRGY 4.4 9 10.85 –0.52 .12 65.09 39.15 EagleBulkShip EGLE 3.7 48 64.46 +1.48 .60 487.79 377.89 FactSet FDS .8 38 466.12 +4.80 .98 4.59 1.25 Glatfelter GLT ... dd 2.12 –0.13 ...
184.65 101.44 ChartIndustries GTLS ... cc 143.42 –3.16 ...
8.59 5.59 CrescentPoint CPG 3.9 11 7.51 +0.02.0848 262.40 129.76 EagleMaterials EXP .4 18 256.99 +0.79 .25 1349.75 650.00 FairIsaac FICO ... 73 1300.45 +5.25 ... 97.24 44.26 Glaukos GKOS ... dd 87.46 –1.36 ...
11.32 8.92 ChathamLodging CLDT 2.7 dd 10.21 –0.18 .07
26.10 13.51 CrossTimbers CRT 10.4 8 16.60 –0.47.1142 15.21 10.27 EasterlyGovtProp DEA 9.0 61 11.80 –0.14 .265 13.27 9.44 FarmlandPtrs FPI 2.2 24 11.02 –0.47 .06 6.47 4.01 GlobalBlue GB ... 37 4.45 –0.15 ...
2.98 1.64 CheetahMobile CMCM ... dd 2.62 +0.04 ...
136.29 84.72 CrownCastle CCI 5.5 33 112.92 +1.861.565 188.85 152.45 EastGroup EGP 2.8 41 181.11 +2.11 1.27 25.87 11.61 Fastly FSLY ... dd 13.95 –0.10 ... 8.05 4.49 GlblBusTravel GBTG ... dd 5.58 –0.40 ...
18.77 7.32 Chegg CHGG ... dd 8.18 –0.86 ...
96.35 69.61 Crown Holdings CCK 1.3 21 77.98 +1.66 .25 91.38 68.89 EastmanChem EMN 3.6 12 89.82 +2.73 .81 18.00 2.99 FathomDigital FATH ... dd 4.43 –0.08 ... 37.00 25.21 GlobalIndemnity GBLI 4.7 19 29.60 –0.35 .35
652.34 492.84 Chemed CHE .2 36 640.26 +26.45 .40
48.93 33.17 CubeSmart CUBE 4.5 25 45.51 +1.91 .51 6.34 3.17 EastmanKodak KODK ... 8 5.12 –0.56 ... 159.49 100.61 FedAgriMtg A AGM.A 3.7 10 152.95 +11.42 1.40 45.94 20.52 GlobalIndl GIC 2.2 24 44.82 +2.61 .25
39.05 15.10 Chemours CC 3.9 dd 25.84 +5.06 .25
121.29 82.25 Cullen/Frost CFR 3.4 12 108.45 +0.90 .92 303.40 155.38 Eaton ETN 1.3 37 297.49 +3.79 .94 199.40 122.10 FedAgriMtg C AGM 3.0 12 185.16 +4.01 1.40 11.59 8.04 GlobalMedREIT GMRE 9.4 39 8.89 –0.14 .21
183.46 135.30 CheniereEnergy LNG 1.1 4 154.95 –1.23 .435
5.99 4.20 Culp CULP ... dd 5.14 +0.31 ... 227.27 153.87 Ecolab ECL 1.0 47 223.46 –2.05 .57 107.61 85.27 FederalRealty FRT 4.3 36 102.17 +2.25 1.09 13.60 6.83 GlobalNetLease GNL 19.1 dd 7.41 +0.11 .354
62.34 42.96 CheniereEnerPtrs CQP 6.3 7 48.84 +0.20 .26
276.92 203.18 Cummins CMI 2.5 53 268.60 –1.66 1.68 13.14 8.59 Ecopetrol EC 21.9 5 10.52 –0.84.1479 85.98 49.50 FederalSignal FSS .6 31 80.48 –0.32 .12 48.97 27.07 GlobalPtrs GLP 5.9 13 47.47 +0.61 .70
5.92 2.77 CherryHillMtg CHMI18.3 dd 3.28 –0.25 .15
244.15 157.72 Curtiss-Wright CW .3 26 241.91 +3.78 .20 12.35 8.26 Ecovyst ECVT ... 15 9.18 +0.06 ... 45.55 30.23 FederatedHermes FHI 3.2 10 35.27 –0.61 .28 141.78 94.05 GlobalPayments GPN .8 34 129.63 –0.46 .25
132.91 83.80 ChesapeakeUtil CPK 2.2 22 105.03 +2.45 .59
12.04 6.24 Cushman&Wkfd CWK ... dd 9.89 –0.05 ... 46.13 33.71 EdgewellPersonal EPC 1.6 19 38.45 +0.40 .15 285.53 190.83 FedEx FDX 2.0 16 247.68 +1.08 1.26 21.94 16.80 GlobalShipLease GSL 7.5 2 19.90 –0.70 .375
172.88 139.62 Chevron CVX 4.4 13 149.88 –2.93 1.63
7.53 4.42 CustomTruck CTOS ... 25 5.11 –1.21 ... 74.92 58.82 EdisonIntl EIX 4.5 22 69.27 +2.72 .78 217.32 123.17 Ferguson FERG 1.6 23 198.75 –15.68 .79 251.50 135.41 Globant GLOB ... 58 212.61 –9.67 ...
40.84 15.78 Chewy CHWY ... cc 17.70 –0.33 ...
60.09 6.87 CustomersBancorp CUBI ... 7 54.78 +0.22 ... 94.87 60.57 EdwardsLife EW ... 40 92.14 +6.92 ... 430.08 252.17 Ferrari RACE .5 56 420.74 –4.611.9963 132.00 102.23 GlobeLife GL .7 12 123.62 –2.55 .225
6.49 4.17 ChimeraInvt CIM 9.8 20 4.47 +0.09 .11
4.31 1.61 ChinaGreenAg CGA ... dd 2.94 +0.14 ... D 16.88 7.88 ElancoAnimal ELAN ... dd 16.45 +0.42 ... 18.61 11.55 FidelisInsurance FIHL 2.2 1 17.83 +0.92 .10 62.88 43.39 GlobusMedical GMED ... 48 55.36 +0.91 ...
12.50 6.92 ChinaYuchai CYD 3.2 9 8.70 ... .28 136.06 50.21 Elastic ESTC ... cc 105.73 –11.28 ... 52.94 31.84 FidNatlFinl FNF 3.8 26 50.38 –0.11 .48 116.31 67.44 GoDaddy GDDY ... 12 113.47 –0.25 ...
2733.74 1537.08 Chipotle CMG ... 61 2686.12 –2.66 ... 4.22 1.97 DHI Group DHX ... 35 2.73 –0.02 ... 13.71 8.30 EldoradoGold EGO ... 24 12.21 +1.38 ... 70.52 46.91 FidNatlInfo FIS 2.1 dd 69.65 +0.44 .36 17.78 9.39 GoldFields GFI 2.0 20 15.27 +1.44.1717
136.02 108.91 ChoiceHotels CHH 1.0 24 121.03 +11.20.2875 11.91 7.30 DHT DHT 8.9 11 11.10 +0.09 .22 24.43 17.08 ElementSolns ESI 1.3 50 23.95 +0.32 .08 2.25 0.68 FinanceofAm FOA ... dd .83 –0.04 ... 15.65 12.75 GoldmanSachsBDC GSBD11.6 9 15.51 +0.28 .45
257.84 183.40 Chubb CB 1.4 11 248.81 –1.81 .86 15.01 8.83 DNOW DNOW ... 7 14.73 +0.54 ... 516.61 412.00 ElevanceHealth ELV 1.3 20 502.97 +3.86 1.63 6.05 3.55 FinVolution FINV 3.9 4 5.01 –0.38 .215 397.49 289.36 GoldmanSachs GS 2.8 17 386.99 –1.11 2.75
41.58 35.45 ChunghwaTel CHT 3.0 25 38.24 –0.241.4779 13.85 6.48 DRDGOLD DRD 4.3 10 8.02 +0.65.1058 14.21 10.82 EllingtonFin EFC 15.9 13 11.35 +0.01 .15 65.55 49.55 FirstAmerFin FAF 3.8 27 55.79 –2.80 .53 38.66 22.92 Gorman-Rupp GRC 1.9 28 37.56 +0.27 .18
104.76 82.25 Church&Dwight CHD 1.1 34 104.12 +3.84.2837 116.73 90.14 DTE Energy DTE 3.6 17 112.82 +4.71 1.02 7.64 5.09 EllingtonResiMtg EARN15.5 25 6.19 +0.20 .08 17.70 10.18 FirstBanCorp FBP 3.7 10 17.21 +0.41 .16 93.74 66.17 Graco GGG 1.1 31 92.62 +1.34 .255
63.24 39.94 Ciena CIEN ... 35 54.28 –6.56 ... 58.90 45.11 DT Midstream DTM 4.8 15 58.28 +0.57 .735 18.47 12.44 ElmeComms ELME 5.3 dd 13.54 +0.58 .18 15.90 11.16 FirstCmwlthFin FCF 3.7 9 13.47 +0.44 .125 5.52 1.18 GrafTechIntl EAF 2.2 dd 1.80 +0.10 .01
347.99 240.50 Cigna CI 1.6 20 341.79 +8.83 1.40 3.20 0.40 D-WaveQuantum QBTS ... dd 1.87 +0.15 ... 13.50 8.63 EmbotellAndinaA AKO.A 6.2 10 12.50 +0.53.1646 12.50 3.69 FirstFoundation FFWM .5 dd 8.13 +0.50 .01 24.99 10.77 Graham GHM ... 96 24.38 +0.67 ...
19.85 12.07 Cinemark CNK ... 14 17.14 –0.44 ... 28.89 18.61 DXC Tech DXC ... dd 20.86 –0.83 ... 17.66 11.49 EmbotellAndinaB AKO.B 5.5 11 15.51 –0.90 .181 20.36 8.99 FirstHorizon FHN 4.0 10 14.97 +0.93 .15 749.89 545.00 GrahamHoldings GHC 1.0 17 719.20 +19.05 1.72
58.39 38.17 Citigroup C 3.7 14 57.51 +1.91 .53 19.75 11.10 Dana DAN 3.3 46 12.18 –0.56 .10 21.94 12.48 Embraer ERJ ... dd 21.44 +0.59 ... 55.23 40.44 FirstIndRlty FR 2.8 26 53.23 +0.08 .37 999.00 625.97 Grainger GWW .8 27 970.32 –10.58 1.86
35.81 22.77 CitizensFin CFG 4.9 11 34.32 +2.69 .42 259.00 182.09 Danaher DHR .4 40 253.69 –2.18 .27 6.90 3.26 EmeraldHldg EEX ... dd 6.03 +0.32 ... 8.07 4.17 FirstMajSilver AG .4 dd 5.31 +0.59.0048 53.94 33.74 GraniteConstr GVA 1.0 83 53.35 +1.29 .13
4.00 1.64 Citizens CIA ... 7 2.33 –0.40 ... 80.39 51.19 Danaos DAC 4.5 2 70.60 –1.86 .80 4.54 1.54 Emeren SOL ... 41 2.23 –0.04 ... 41.99 32.18 FirstEnergy FE 4.3 20 38.09 +1.59 .41 6.41 3.97 GranitePointMtg GPMT16.8 dd 4.77 –0.01 .20
8.11 3.46 CityOfficeREIT CIO 8.9 dd 4.50 –0.03 .10 4.59 0.60 DanimerScientific DNMR ... dd 1.67 +0.40 ... 13.67 1.42 EmergentBiosol EBS ... dd 2.69 –0.70 ... 4.51 0.65 FiscalNote NOTE ... dd 2.15 +0.37 ... 8.14 4.82 GraniteRidge GRNT 7.4 10 5.92 –0.32 .11
24.92 17.87 Civeo CVEO 4.0 12 24.77 +1.33 .25 51.84 17.30 DaqoNewEnergy DQ ... 5 28.05 +5.16 ... 111.20 76.94 EmersonElec EMR 1.9 cc 110.15 +2.01 .525 152.19 103.99 Fiserv FI ... 30 151.24 +0.89 ... 27.56 20.07 GraphicPkg GPK 1.5 12 27.36 +1.88 .10
March 11, 2024 BARRON’S 39

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

NYSE Cumulative Daily Breadth vs DJIA

10.69 5.44 GrayTelevision GTN 5.5 dd 5.87 +0.15 .08 24.81 10.27 Lemonade LMND ... dd 17.77 +0.85 ... 109.76 37.60 Medifast MED 16.6 4 39.66 –0.78 1.65
11.00 6.09 GrayTelevision A GTN.A 5.1 dd 6.23 –0.27 .08 10.92 4.73 LendingClub LC ... 22 8.07 –0.14 ... 92.02 68.84 Medtronic MDT 3.2 27 85.13 +1.53 .69
7.24 3.92 GreatAjax AJX 10.1 dd 3.98 –0.07 .10 166.39 96.06 Lennar A LEN 1.2 12 164.19 +2.71 .50 130.24 99.14 Merck MRK 2.5 cc 123.50 –3.46 .77
59.36 30.36 GreenBrickPtrs GRBK ... 9 52.56 –2.05 ... 152.00 80.87 Lennar B LEN.B 1.3 11 149.82 –0.10 .50 52.42 26.15 MercuryGeneral MCY 2.6 28 48.36 –0.06.3175
21.37 7.30 GreenDot GDOT ... 65 8.76 +0.72 ... And Still: NYSE Composite breadth rose for a seventh week, even 485.33 232.00 LennoxIntl LII .9 28 470.74 –2.21 1.10 25.88 13.62 MeridianLink MLNK ... dd 18.37 –0.56 ...
53.36 25.41 Greenbrier GBX 2.3 15 51.21 –1.35 .30 18.59 12.42 LeviStrauss LEVI 2.6 29 18.22 –0.02 .12 179.69 103.61 MeritageHomes MTH 1.0 8 159.84 +0.23 .75
12.49 4.68 GreenfireResources GFR ... 48 5.15 –0.15 ... as the S&P 500 fell 0.3% and snapped a two-week winning streak. 6.16 0.35 Li-Cycle LICY ... dd .42 ... ... 29.50 8.85 MesaRoyalty MTR 13.5 5 10.02 –0.78.0087
6.78 2.91 GreenTree GHG ... ... 3.20 –0.05 ... Winning NYSE stocks outpaced losers by about 3 to 2. 22.16 11.18 LibertyEnergy LBRT 1.3 7 21.53 –0.31 .07 26.95 16.68 MesabiTrust MSB 7.9 21 18.27 +1.12 .37
82.27 61.10 Greif B GEF.B 4.7 9 66.88 +3.43 .78 22.41 11.10 LifeTime LTH ... 39 14.67 +1.15 ... 1.70 0.75 MetaData AIU ... 0 .80 –0.06 ...
76.00 57.38 Greif A GEF 3.2 11 64.75 +1.00 .52 Breadth DJIA 19.92 4.52 LifezoneMetals LZM ... cc 6.85 +1.14 ... 24.30 15.59 Metallus MTUS ... 14 20.26 –0.40 ...
17.57 14.50 GreystoneHousing GHI 8.9 8 16.71 +0.04 .37 1.88 0.78 LightInTheBox LITB ... dd .82 –0.08 ... 13.47 8.49 MetalsAcqn MTAL ... dd 12.27 –0.03 ...
72.13 25.97 Griffon GFF .9 52 69.25 –2.15 .15
606,000 39,300 21.71 12.23 Lightspeed LSPD ... dd 13.57 –0.71 ... 46.58 13.09 MethodeElec MEI 4.0 dd 14.12 –7.48 .14
9.67 4.49 Grindr GRND ... dd 9.35 +1.26 ... 800.78 314.34 EliLilly LLY .7 cc 762.14 –19.98 1.30 72.49 48.95 MetLife MET 2.9 39 70.92 +1.19 .52
310.08 194.33 Group1Auto GPI .7 6 262.25 –9.98 .47 600,400 37,800 29.22 18.50 LincolnNational LNC 6.6 dd 27.07 –0.63 .45 57.15 13.98 MetropolitanBk MCB ... 6 39.90 +1.90 ...
3.81 1.46 GroveCollab GROV ... dd 1.97 +0.04 ... 152.23 106.46 Lindsay LNN 1.2 18 114.97 –5.53 .35 1615.97 928.50 Mettler-Toledo MTD ... 37 1313.85 +45.87 ...
198.28 107.25 GpoAeroportuar PAC 5.4 14 142.05 –5.811.943 594,800 36,300 2.68 1.31 LionElectric LEV ... dd 1.37 –0.08 ... 158.46 115.56 MidAmApt MAA 4.4 29 134.91 +7.28 1.47
317.94 165.00 GpoAeroportSur ASR 1.7 16 294.11 +5.435.727 12.09 6.93 LionsGate A LGF.A ... dd 9.17 –0.54 ... 51.37 30.55 MillerIndustries MLR 1.6 10 48.18 +2.90 .19
2.71 2.02 GpoAvalAcc AVAL 6.5 41 2.55 –0.02.0184 Breadth 606,655 11.33 6.63 LionsGate B LGF.B ... dd 8.58 –0.59 ... 73.78 48.61 MineralsTechs MTX .6 28 72.35 –0.13 .10
4.90 1.76 GpoSupervielle SUPV ... 9 4.58 +0.27 ... 589,200 34,800 331.96 203.65 LithiaMotors LAD .7 8 288.46 –11.24 .50 10.52 6.70 MirionTech MIR ... dd 10.09 +0.13 ...
5.66 2.10 GrupoTelevisa TV 2.7 dd 2.95 –0.03.0985 8.48 3.84 LithiumAmArg LAAC ... dd 5.00 +0.01 ... 10.07 4.80 MisterCarWash MCW ... 31 7.67 –0.37 ...
35.00 22.12 GuarantyBcshrs GNTY 3.0 12 30.20 +0.95 .23 583,600 33,300 12.38 3.81 LithiumAmericas LAC ... dd 5.32 –0.33 ... 9.32 4.96 MistrasGroup MG ... dd 8.94 +0.59 ...
26.20 17.21 Guess GES 4.7 10 25.66 +0.32 .30 101.74 64.25 LiveNationEnt LYV ... 76 99.74 +2.59 ... 11.22 5.99 MitsubishiUFJ MUFG 1.8 9 11.00 +0.57.1394
122.35 68.45 Guidewire GWRE ... dd 117.65 +0.92 ... 578,000 31,800 47.22 17.31 LiveOakBcshs LOB .3 25 40.38 +2.01 .03 9.79 4.75 MiX Telematics MIXT 2.0 37 9.28 –0.37.0603
15.06 9.45 GuildHldgs GHLD .0 23 14.13 +0.13 .50 42.66 20.26 LiveRamp RAMP ... dd 34.89 +0.67 ... 4.32 2.70 MizuhoFin MFG 2.2 12 4.29 +0.47.0678
151.67 69.00 GulfportEnergy GPOR ... 2 148.12 +6.12 ... A M J J A S O N D J F M 12.50 6.15 LiveWire LVWR ... dd 8.19 –1.16 ... 1.81 0.75 Moatable MTBL ... ... .80 –0.03 ...
In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is 2.50 1.88 LloydsBanking LYG 5.5 ... 2.47 +0.12.046 35.96 20.90 ModelN MODN ... dd 25.05 +0.71 ...
H added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we 3.71 1.14 loanDepot LDI ... dd 2.66 –0.10 ... 96.00 19.41 ModineMfg MOD ... 20 83.86 –7.84 ...
plot. Dec. 31, 1985 =1000.
328.74 215.96 HCA Healthcare HCA .8 17 325.37 +13.39 .66 10.51 1.17 LocalBounti LOCL ... dd 2.60 –0.12 ... 17.65 9.24 ModivIndl MDV 7.8 dd 14.72 –0.67.0958
117.65 48.08 HCI Group HCI 1.4 15 112.95 +13.52 .40 508.10 393.77 LockheedMartin LMT 2.9 16 432.90 +6.44 3.15 58.67 33.87 Moelis MC 4.5 dd 53.20 –0.37 .60
71.39 52.16 HDFC Bank HDB 1.0 17 55.88 +0.87.6968 75.67 52.85 Loews L .3 12 74.84 +0.41.0625 123.27 76.02 MohawkInds MHK ... dd 121.66 +0.25 ...
–52-Week– Tick Div –52-Week– Tick Div 7.43 5.64 LomaNegra LOMA18.4 7 6.67 –0.14.4648 410.00 256.19 MolinaHealthcare MOH ... 21 392.63 +5.42 ...
62.20 37.12 HF Sinclair DINO 3.5 7 56.36 +0.55 .50 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
44.93 24.81 HNI HNI 3.0 42 43.19 –0.70 .32 79.56 49.47 LouisianaPacific LPX 1.4 31 76.90 +1.82 .26 79.98 55.16 MolsonCoorsA TAP.A 2.8 14 62.74 +0.24 .44
7.13 4.30 ICL Group ICL 2.9 11 5.41 +0.03.0476
33.90 25.22 HP HPQ 3.6 9 30.74 +1.33.2756 K 245.29 181.85 Lowe's LOW 1.8 18 241.95 –2.74 1.10 70.90 49.32 MolsonCoorsB TAP 2.7 15 64.56 +2.43 .44
112.96 86.43 IDACORP IDA 3.7 17 89.35 +2.30 .83
42.47 32.41 HSBC HSBC 8.1 7 37.44 –1.54 1.55 8.72 2.11 LufaxHolding LU 2.9 11 2.65 –0.57 .156 75.74 7.50 MoneyLion ML ... dd 74.49 +22.63 ...
38.53 21.64 IDT IDT ... 26 37.38 –0.24 ... 53.77 35.20 KB Financial KB 3.4 6 53.08 +5.63.3905
4.23 2.15 HUYA HUYA ... dd 3.94 +0.19 ... 2.88 0.78 LumenTech LUMN ... dd 1.82 +0.20 ... 45.96 21.96 MontroseEnvl MEG ... dd 37.47 –0.55 ...
10.13 2.35 IHS Holding IHS ... dd 2.40 –0.39 ... 70.88 33.92 KB Home KBH 1.2 10 69.45 +1.21 .20
95.26 70.74 Haemonetics HAE ... 32 79.61 +5.45 ... 2.54 1.53 LumentFinance LFT 12.3 10 2.27 +0.01 .07 407.62 278.23 Moody's MCO .9 44 387.01 +4.97 .85
15.22 11.00 ING Groep ING 5.2 ... 14.72 +0.94.3809 65.87 49.37 KBR KBR 1.0 dd 61.66 +1.75 .15
10.36 7.52 Hagerty HGTY ... dd 8.98 +0.29 ... 17.15 7.55 Luxfer LXFR 4.9 dd 10.51 +0.61 .13 154.85 87.84 Moog A MOG.A .7 29 153.29 +2.90 .28
3.41 0.69 INNOVATE VATE ... dd .81 +0.02 ... 19.95 12.44 KE Holdings BEKE .0 19 12.61 –0.67 .171
9.05 7.58 Haleon HLN 1.7 31 8.63 +0.18.1064 102.93 81.24 LyondellBasell LYB 5.1 15 98.94 –0.51 1.25 95.57 69.42 MorganStanley MS 3.9 17 87.04 +0.56 .85
18.71 12.48 Invesco IVZ 5.0 dd 15.88 +0.35 .20 101.80 47.46 KKR KKR .7 24 98.65 –0.28 .165
43.85 27.84 Halliburton HAL 1.9 12 36.21 +0.57 .17 52.11 29.25 Mosaic MOS 2.7 9 31.59 –0.04 .21
261.73 167.42 IQVIA IQV ... 35 257.18 +4.73 ... 14.12 9.09 KKR RealEstFin KREF10.0 dd 10.01 +0.16 .25 M
20.49 9.21 HamiltonBeach HBB 2.2 12 19.97 +1.92 .11 339.63 255.85 MotorolaSol MSI 1.2 34 335.41 –0.15 .98
9.35 5.49 IRSA IRS 10.0 1 7.74 –0.06.7874 1.76 0.12 KoreGroup KORE ... dd .73 –0.18 ...
16.35 13.43 HamiltonIns HG ... 6 14.19 +0.08 ... 148.23 108.53 M&T Bank MTB 3.6 9 142.74 +5.83 1.30 35.41 23.94 Movado MOV 5.1 11 27.61 –1.20 .35
129.40 75.82 ITT ITT 1.0 26 127.08 +0.42 .319 15.35 11.04 KT KT ... 8 14.56 +0.15 ...
5.71 3.54 Hanesbrands HBI ... dd 5.59 +0.14 ... 14.37 5.21 MBIA MBI .0 dd 6.39 –0.328.00 52.72 32.95 MuellerIndustries MLI 1.5 10 51.76 +0.32 .20
3.34 1.99 IamGold IAG ... 16 3.14 +0.40 ... 354.02 183.19 Kadant KAI .4 33 327.00 ... .32
29.88 13.22 HannonArmstrong HASI 6.4 20 25.96 ... .415 63.00 34.79 MDC Holdings MDC 3.5 12 62.68 –0.02 .55 16.93 12.11 MuellerWater MWA 1.6 32 15.74 +0.36.064
240.15 183.77 IDEX IEX 1.1 30 238.59 –0.88 .64 45.90 18.06 Kaman KAMN 1.8 cc 45.70 –0.02 .20 2.29 0.61 MultiPlan MPLN ... dd .90 –0.21 ...
138.00 103.83 HanoverIns THG 2.6 cc 130.11 +1.24 .85 4.00 1.91 iHuman IH .0 4 2.05 +0.04 .10 22.64 18.04 MDU Rscs MDU 2.2 11 22.59 +0.92.2225
41.21 25.43 HarleyDavidson HOG 1.8 8 38.47 +2.13.1725 67.84 47.63 Kellanova K 4.1 20 54.21 –0.62 .60 48.47 32.80 MurphyOil MUR 2.9 10 41.12 +0.67 .30
267.12 217.06 IllinoisToolWks ITW 2.1 27 261.18 +0.99 1.40 11.90 8.41 MFA Financial MFA 12.5 27 11.18 –0.05 .35
7.23 3.07 HarmonyGold HMY ... 9 7.14 +1.20 ... 63.07 38.32 Kemper KMPR 2.1 dd 57.71 +0.14 .31 426.01 231.65 MurphyUSA MUSA .4 16 416.42 –2.47 .42
21.82 13.20 Imax IMAX ... 35 16.24 –0.63 ... 20.29 12.16 MGIC Investment MTG 2.3 8 19.75 –0.07 .115
98.22 64.25 HartfordFinl HIG 1.9 12 96.86 +2.41 .47 30.60 22.08 Kennametal KMT 3.1 17 25.54 +0.36 .20 21.97 15.65 MyersIndustries MYE 2.5 16 21.21 +1.99 .135
3.78 1.62 IndependenceContr ICD ... dd 1.63 –0.18 ... 51.35 34.12 MGM Resorts MGM ... 13 42.47 –0.49 ...
37.05 25.05 HavertyFurn HVT 3.6 10 33.54 –0.79 .30 18.05 8.30 Kennedy-Wilson KW 11.3 dd 8.48 –0.32 .24
18.77 11.61 IndepRealty IRT 4.0 dd 16.20 +0.78 .16 140.73 56.27 M/I Homes MHO ... 8 126.83 –4.35 ... N
40.00 26.10 HavertyFurn A HVT.A 3.4 10 32.64 –3.05 .28 32.39 17.64 KenonHoldings KEN 10.8 dd 25.90 +0.46 2.79
11.40 10.56 InFinTAcqnA IFIN ... 70 11.37 ... ... 29.92 14.46 MinisoGroup MNSO 2.3 19 17.06 –1.88 .412
40.16 9.06 HawaiianElec HE .0 7 11.82 –0.13 .36 10.97 10.35 KensingtonCapAcqnV KCGI.UT ... ... 10.84 +0.04 ...
36.00 13.29 Informatica INFA ... dd 31.83 –0.63 ... 3.44 1.41 MOGU MOGU ... dd 1.85 –0.12 ... 39.89 28.95 NACCO Inds NC 2.9 dd 29.50 –3.38.2175
10.39 10.16 HaymakerAcqnCorp.4 HYAC ... ... 10.38 +0.06 ... 11.05 10.37 KensingtonCapV A KCGI ... 35 10.81 +0.01 ...
20.74 14.71 Infosys INFY 1.2 27 19.26 –0.57.1827 40.77 33.03 MPLX MPLX 8.4 11 40.42 +1.42 .85 15.44 11.44 N-able NABL ... cc 13.19 –0.12 ...
16.04 9.80 Hayward HAYW ... 39 14.30 –0.03 ... 27.80 17.82 Kenvue KVUE 4.0 25 20.02 +1.20 .20
92.44 51.84 IngersollRand IR .1 47 90.37 –1.26 .02 30.61 14.04 MP Materials MP ... cc 15.24 –0.23 ... 26.00 18.00 NCR Atleos NATL ... dd 19.46 –1.69 ...
20.32 13.06 HealthcareRealty HR 9.1 dd 13.57 –0.31 .31 16.20 8.54 KeyCorp KEY 5.5 17 14.92 +0.73 .205
75.06 36.66 Ingevity NGVT ... dd 46.00 +0.73 ... 12.43 8.15 MRC Global MRC ... 12 12.20 +0.21 ... 19.01 10.99 NCR Voyix VYX ... dd 12.20 +0.73 ...
23.45 15.24 HealthpeakProp DOC 6.8 32 17.74 +0.64 .30 172.72 118.57 KeysightTech KEYS ... 28 154.33 –2.74 ...
118.34 89.54 Ingredion INGR 2.7 12 117.47 +0.34 .78 188.27 122.57 MSA Safety MSA 1.0 cc 185.92 +2.89 .47 17.62 7.55 NetPower NPWR ... dd 8.63 +0.61 ...
7.00 3.33 HeclaMining HL .4 dd 4.06 +0.35.0025 43.37 25.99 KilroyRealty KRC 5.9 20 36.32 –0.37 .54
105.07 63.36 InnovativeIndProp IIPR 7.5 17 96.88 –1.33 1.82 617.39 451.55 MSCI MSCI 1.2 38 551.50 –13.98 1.60 6.15 2.38 NGL Energy NGL ... dd 5.83 –0.22 ...
200.64 153.63 Heico HEI .1 61 186.45 –7.44 .10 147.87 116.32 KimberlyClark KMB 3.9 24 125.65 +2.75 1.22
2.24 0.75 Innovid CTV ... dd 2.00 +0.03 ... 105.77 77.99 MSC Industrial MSM 3.4 17 99.00 –1.20 .83 16.18 4.78 NIO NIO ... dd 5.80 +0.02 ...
162.20 121.43 Heico A HEI.A .1 49 150.18 –5.71 .10 22.84 16.34 KimcoRealty KIM 4.9 19 19.49 –0.24 .24
131.09 90.80 Insperity NSP 2.3 23 101.00 –1.59 .57 13.95 8.38 MV Oil MVO16.0 5 9.47 –0.72 .465 6.80 4.46 NL Industries NL 5.6 dd 5.68 +0.53 .08
68.33 37.50 HeliosTech HLIO .8 40 45.16 +1.51 .09 18.30 15.89 KinderMorgan KMI 6.3 17 17.83 +0.37.2825
330.00 123.27 InspireMedical INSP ... dd 198.54 +15.02 ... 7.73 2.05 Mytheresa MYTE ... dd 3.86 +0.40 ... 44.96 34.38 NNN REIT NNN 5.3 20 42.54 +1.32 .565
11.88 6.19 HelixEnergy HLX ... dd 9.55 –0.02 ... 37.17 26.32 Kinetik KNTK 8.4 16 35.72 +0.31 .75
247.98 102.57 InstalledBldg IBP .6 28 237.86 –4.24 1.60 17.69 8.77 Macerich MAC 4.2 dd 16.28 –0.24 .17 21.91 14.05 NOV NOV 1.1 7 17.67 +0.57 .05
46.55 30.41 Helm&Payne HP 2.6 9 39.18 +0.19 .17 9.97 6.25 KingswayFin KFS ... 9 8.80 –0.54 ...
39.38 25.44 InsteelInds IIIN .3 31 35.66 –0.61 .03 20.07 14.40 MachNaturalRscs MNR 20.1 ... 18.88 +0.33 .95 61.89 30.25 NRG Energy NRG 2.7 dd 60.73 +4.02.4075
19.82 6.68 Herbalife HLF ... 6 9.20 +0.45 ... 6.34 3.48 KinrossGold KGC 2.2 16 5.37 +0.29 .03
28.50 21.01 Instructure INST ... dd 21.22 –1.60 ... 21.48 10.54 Macy's M 3.1 57 21.15 +3.14.1737 7825.00 5150.32 NVR NVR ... 17 7654.99 –32.11 ...
169.57 93.97 HercHoldings HRI 1.7 13 156.49 –6.67 .665 548.47 277.90 KinsaleCapital KNSL .1 40 525.70 +8.42 .15
118.15 69.40 IntegerHoldings ITGR ... 43 115.52 +4.00 ... 40.81 27.55 MSG Ent MSGE ... 25 37.97 –0.86 ... 141.47 71.42 NaborsIndustries NBR ... dd 82.68 +1.05 ...
18.88 10.94 HerculesCapital HTGC 8.8 8 18.11 +0.07 .08 90.22 64.92 Kirby KEX ... 24 87.95 +0.21 ...
12.12 10.46 IntegratedRailA IRRX ... cc 11.14 +0.04 ... 215.79 164.79 MSG Sports MSGS ... cc 185.50 –3.57 ... 38.71 26.48 NatlBankHoldings NBHC 3.1 9 34.41 +0.78 .27
9.79 2.76 HeritageInsurance HRTG ... 7 6.98 –0.16 ... 24.26 18.77 KiteRealty KRG 4.6 99 21.34 +0.06 .25
12.42 10.43 IntegratedWellA WEL ... 75 11.28 –0.04 ... 65.27 46.71 MagnaIntl MGA 3.5 13 54.50 +0.45 .475 58.25 45.32 NationalFuelGas NFG 3.9 11 50.82 +2.06 .495
276.88 178.82 Hershey HSY 2.8 21 194.56 +6.51 1.37 39.47 23.93 Klaviyo KVYO ... ... 25.22 –2.58 ...
11.68 5.18 Magnachip MX ... dd 5.62 –0.16 ... 74.48 56.41 NationalGrid NGG 5.1 5 68.80 +2.271.1899
167.75 113.82 Hess HES 1.2 32 144.88 –3.31.4375 140.43 94.16 ICE ICE 1.3 33 138.66 +0.09 .45 77.64 33.67 KnifeRiver KNF ... 24 76.12 +1.63 ...
24.02 18.72 MagnoliaOil MGY 2.0 12 23.60 +0.60 .13 59.82 47.54 NatlHealthInv NHI 6.1 19 58.65 +0.95 .90
35.63 25.63 HessMidstream HESM 7.2 17 35.04 +0.40.6343 112.08 63.12 InterContinentl IHG 1.3 24 105.92 –0.76 .483 60.99 45.73 Knight-Swift KNX 1.1 42 56.43 +1.23 .16
46.42 36.48 MainStreetCap MAIN 6.3 9 45.85 +0.41 .24 84.29 66.83 NatlPrestoInds NPK 1.3 23 75.70 +0.79 3.50
20.07 13.66 HewlettPackard HPE 2.9 12 17.99 +2.43 .13 30.59 17.94 IntercorpFinSvcs IFS 4.2 11 28.20 –0.23 1.18 7.00 4.28 KnotOffshore KNOP 2.0 dd 5.31 –0.09 .026
26.64 14.15 ManchesterUnited MANU ... dd 14.37 –0.46 ... 43.28 27.86 NatlStorage NSA 5.9 25 38.15 +1.65 .56
79.08 58.81 Hexcel HXL .8 62 76.00 +1.04 .15 198.73 120.55 IBM IBM 3.4 24 195.95 +7.75 1.66 18.48 12.78 Knowles KN ... 21 16.51 –0.10 ...
19.81 12.20 Manitowoc MTW ... 12 13.46 –0.10 ... 18.36 9.41 NaturalGasSvcs NGS ... 95 17.43 +0.22 ...
26.27 17.06 HighwoodsProp HIW 8.1 18 24.80 –0.12 .50 97.49 62.11 IntlFlavors IFF 2.0 dd 78.75 +2.87 .40 29.00 15.05 KodiakGasSvcs KGS 6.0 79 25.50 –0.50 .38 88.91 67.35 Manpower MAN 3.9 45 75.03 +1.72 1.47 17.75 9.95 NaturalGrocers NGVC 2.3 15 17.06 +0.57 .10
53.76 37.19 Hillenbrand HI 1.8 35 49.52 +1.98.2225 33.99 22.30 IntlGameTech IGT 3.2 52 25.08 –1.56 .20 29.65 17.68 Kohl's KSS 7.3 dd 27.27 –0.47 .50 24.89 17.07 ManulifeFinl MFC 3.7 12 23.74 –0.14.2694 102.00 44.68 NaturalResPtrs NRP 3.3 7 89.94 –2.442.44
35.66 26.78 Hilltop HTH 2.1 19 31.66 +1.02 .17 38.21 29.01 IntlPaper IP 5.1 42 36.24 +1.19.4625 24.27 14.96 Philips PHG .0 dd 20.84 +0.51.9387 29.56 20.57 MarathonOil MRO 1.7 10 24.74 +0.14 .11 7.60 4.76 Natuzzi NTZ ... dd 6.25 –0.05 ...
49.02 33.14 HiltonGrandVac HGV ... 16 44.72 –0.41 ... 54.95 34.77 IntlSeaways INSW .9 5 53.12 –0.87 1.20 64.49 37.10 KontoorBrands KTB 3.3 15 61.38 +2.30 .50 181.18 104.32 MarathonPetrol MPC 1.8 8 179.55 +6.34 .825 7.02 4.30 NatWest NWG ... 6 6.58 +0.21 ...
206.65 129.86 Hilton HLT .3 48 205.71 +0.83 .15 40.95 27.20 Interpublic IPG 4.1 11 32.26 +1.06 .33 58.23 28.45 Koppers KOP .5 13 52.80 –0.17 .07 44.24 26.81 Marcus&Millichap MMI 1.4 dd 34.56 –1.87 .25 16.48 11.91 Navigator NVGS 1.3 15 15.05 +0.04 .05
8.54 4.30 HimalayaShipping HSHP .0 cc 8.38 +0.34 .03 30.34 17.23 IntrepidPotash IPI ... dd 20.21 –0.86 ... 9.40 5.93 KoreaElecPwr KEP ... dd 9.23 –0.17 ... 18.05 13.30 Marcus MCS 2.0 51 14.28 –0.06 .07 101.60 81.67 Nelnet NNI 1.3 37 88.63 +3.13 .28
14.89 5.65 Hims&HersHealth HIMS ... dd 14.26 +1.14 ... 27.25 20.76 InvenTrust IVT 3.4 cc 25.06 –0.47.2155 69.69 44.45 KornFerry KFY 2.0 23 65.60 +1.52 .33 2.79 0.16 MariaDB MRDB ... dd .35 +0.01 ... 5.37 2.31 NerdyA NRDY ... dd 2.78 –0.22 ...
20.39 6.65 Hippo HIPO ... dd 17.91 +3.23 ... 12.37 6.34 InvescoMtg IVR 17.5 dd 9.14 +0.10 .40 8.28 5.23 KosmosEnergy KOS ... 12 5.52 –0.73 ... 17.81 9.18 MarineProducts MPX 5.3 9 10.58 –0.47 .14 50.00 9.50 NetLeaseOffice NLOP 1.5 ... 23.27 –1.14 .34
14.28 8.50 HireRight HRT ... cc 14.16 –0.03 ... 36.53 28.49 InvitatHomes INVH 3.2 64 35.12 +0.58 .28 56.04 42.10 Kroger KR 2.1 19 55.97 +6.81 .29 42.88 25.60 MarineMax HZO ... 7 30.15 –3.06 ... 19.64 13.49 Netstreit NTST 4.7 cc 17.40 +0.33 .205
8.06 2.08 Holley HLLY ... 25 4.06 –0.26 ... 21.60 4.38 IonQ IONQ ... dd 10.81 +0.15 ... 10.53 6.16 KronosWorldwide KRO 7.4 dd 10.34 +1.15 .19 1560.00 1186.56 Markel MKL ... 10 1496.89 +3.13 ... 37.20 4.94 NeueHealth NEUE ... dd 8.01 +0.08 ...
25.80 19.61 HomeBancShares HOMB 3.0 12 23.96 +0.62 .18 82.19 48.94 IronMountain IRM 3.2 cc 81.37 +0.34 .65 2.73 0.42 KukeMusic KUKE ... ... 2.63 +0.45 ... 2.30 0.61 Markforged MKFG ... dd .74 +0.08 ... 39.67 13.36 Nevro NVRO ... dd 15.27 +1.05 ...
385.10 274.26 HomeDepot HD 2.4 25 373.35 –11.10 2.25 7.27 4.24 ItauUnibanco ITUB ... 10 6.84 –0.06 ... 22.90 11.36 Kyndryl KD ... dd 21.62 –0.62 ... 147.25 72.78 MarriottVacations VAC 3.2 15 94.04 +0.10 .76 55.84 38.92 NewJerseyRscs NJR 3.9 18 43.02 +1.25 .42
36.82 24.60 HondaMotor HMC 2.3 9 35.52 –0.55.5905 J 206.18 151.86 Marsh&McLen MMC 1.4 27 205.15 +3.15 .71 98.20 33.98 NewOrientalEduc EDU ... 49 90.17 –5.87 ...
L
38.29 27.81 HoraceMann HMN 3.9 32 35.11 –0.55 .34 617.08 317.94 MartinMarietta MLM .5 32 596.85 +6.90 .74 14.22 1.70 NY CmntyBcp NYCB 5.8 1 3.42 –0.13 .05
41.73 28.51 HormelFoods HRL 3.3 24 34.11 +0.74.2825 18.17 12.63 JBG SMITH Prop JBGS 4.0 dd 17.42 +0.46 .175 137.07 100.25 LCI Inds LCII 3.6 46 115.50 –11.11 1.05 78.29 46.69 Masco MAS 1.5 19 76.88 –0.72 .29 49.87 35.06 NYTimes A NYT 1.2 31 43.29 +0.14 .13
157.93 92.50 DR Horton DHI .8 11 153.58 +0.61 .30 20.10 10.96 JELD-WEN JELD ... 22 18.30 –0.13 ... 6.69 3.87 LG Display LPL ... dd 4.01 –0.19 ... 131.08 76.87 MasoniteIntl DOOR ... 25 130.45 +0.23 ... 650.00 334.88 NewMarket NEU 1.6 15 615.36 –28.53 2.50
133.80 83.92 HoulihanLokey HLI 1.8 31 124.53 –2.71 .55 32.26 18.85 J.Jill JILL ... 11 24.91 –0.09 ... 5.52 1.95 LL Flooring LL ... dd 2.02 –0.12 ... 123.33 44.65 MasTec MTZ ... dd 92.38 +7.53 ... 52.76 29.42 Newmont NEM 2.9 dd 33.91 +1.97 .25
183.60 61.01 Hovnanian HOV ... 5 145.14 –19.00 ... 190.50 123.11 JPMorganChase JPM 2.2 12 188.22 +2.93 1.05 12.87 6.74 LSB Inds LXU ... 21 7.53 +0.24 ... 18.56 7.08 MasterBrand MBC ... 13 18.02 +0.32 ... 7.63 3.40 NewparkResources NR ... 42 6.88 +0.21 ...
86.72 65.42 HowardHughes HHH ... dd 75.75 –0.85 ... 156.94 74.16 Jabil JBL .2 26 151.24 +4.06 .08 35.72 30.30 LTC Properties LTC 7.1 15 32.26 +0.80 .19 479.14 340.21 Mastercard MA .6 40 469.26 –7.37 .66 7.40 4.14 NexaResources NEXA .0 dd 6.90 –0.08.1888
69.55 38.17 HowmetAerospace HWM .3 37 67.74 +0.74 .05 59.93 26.70 JacksonFinl JXN 4.7 6 59.00 +2.38 .70 218.34 160.25 L3HarrisTech LHX 2.2 33 214.60 +4.79 1.16 67.71 42.04 MatadorRscs MTDR 1.2 9 64.47 +0.03 .20 8.31 3.49 NexGenEnergy NXE ... 71 7.35 –0.37 ...
396.92 219.77 Hubbell HUBB 1.2 28 393.14 +8.37 1.22 149.50 109.00 JacobsSolns J .8 26 146.93 +0.31 .29 10.75 7.75 LXP Industrial LXP 5.7 cc 9.14 +0.40 .13 145.08 92.23 Materion MTRN .4 29 132.28 –3.30 .13 17.84 12.53 NexPointRealEst NREF13.8 32 14.53 –0.30 .50
660.00 356.07 HubSpot HUBS ... dd 604.49 –29.31 ... 41.98 19.72 JamesHardie JHX ... 34 41.41 +1.11 ... 39.87 25.12 La-Z-Boy LZB 2.2 13 36.58 –1.66 .20 24.60 10.78 Mativ MATV 2.2 dd 18.00 +0.40 .10 49.87 26.21 NexPointResidentl NXRT 6.0 18 30.97 +1.54.4624
6.52 3.94 HudbayMinerals HBM .2 34 6.30 +0.22.0074 32.76 22.18 JanusHenderson JHG 4.9 14 32.06 +0.51 .39 234.09 179.58 LabCorp.ofAmerica LH ... 47 217.50 –0.50 ... 122.99 56.51 Matson MATX 1.2 13 106.01 –4.21 .32 3.42 1.32 Nextdoor KIND ... dd 2.25 +0.07 ...
9.86 4.05 HudsonPacProp HPP .0 dd 6.85 +0.60 .125 15.86 8.66 JanusIntl JBI ... 16 14.58 –0.04 ... 12.00 8.76 LadderCapital LADR 8.4 14 10.94 +0.11 .23 20.83 8.66 MauiLand MLP ... dd 19.93 +0.28 ... 79.78 47.15 NextEraEnergy NEE 3.6 16 57.81 +2.60 .515
541.21 334.54 Humana HUM 1.0 17 339.35 –12.68 .885 43.61 28.34 JefferiesFinl JEF 2.8 39 43.33 +1.52 .30 117.38 81.26 LambWeston LW 1.4 13 101.19 –0.86 .36 89.69 72.39 Maximus MMS 1.4 28 85.57 +1.73 .30 85.20 51.76 NicoletBankshares NIC 1.2 20 82.57 +3.59 .25
299.50 188.51 HuntingIngalls HII 1.8 17 293.32 +0.86 1.30 51.71 23.12 JinkoSolar JKS 5.3 3 28.18 +0.91 1.50 6.64 1.66 Lanvin LANV ... ... 2.16 +0.09 ... 15.50 9.55 MayvilleEngg MEC ... 34 13.02 +0.55 ... 128.68 88.66 Nike NKE 1.5 29 99.16 –2.72 .37
29.90 22.14 Huntsman HUN 3.8 51 26.58 +1.33 .25 11.98 3.68 JobyAviation JOBY ... dd 5.41 –0.06 ... 65.58 43.77 LasVegasSands LVS 1.6 32 51.51 +0.23 .20 94.97 59.12 McCormickVtg MKC.V 2.5 27 67.75 –0.50 .42 7.46 1.79 NineEnergy NINE ... dd 2.22 –0.04 ...
159.81 96.77 HyattHotels H .4 77 156.70 –1.15 .15 125.88 89.96 JohnBeanTech JBT .4 6 104.11 +2.34 .10 42.15 25.82 Lazard LAZ 5.1 dd 39.50 +0.31 .50 94.39 59.13 McCormick MKC 2.4 27 68.58 +0.77 .42 28.95 22.86 NiSource NI 3.9 18 27.01 +0.88 .265
2.41 0.52 Hyliion HYLN ... dd 1.84 –0.02 ... 175.97 144.95 J&J JNJ 3.0 29 159.52 –2.60 1.19 157.91 117.79 Lear LEA 2.2 14 140.30 +3.88 .77 302.39 245.73 McDonald's MCD 2.3 25 292.55 +1.82 1.67 18.97 10.61 NoahHoldings NOAH 3.3 1 10.87 –0.33 .38
72.40 38.50 HysterYaleMatls HY 2.2 8 58.10 +0.85 .325 70.43 47.90 JohnsonControls JCI 2.4 20 61.73 +1.61 .37 11.54 10.24 LearnCWInvtA LCW ... 32 10.99 +0.08 ... 10.00 5.92 McEwenMining MUX ... 8 8.12 +1.27 ... 55.34 34.85 Noble NE 3.6 13 43.99 +0.63 .40
I 193.82 119.46 JonesLang JLL ... 40 188.48 –4.38 ... 33.50 19.60 Leggett&Platt LEG 9.0 dd 20.46 –0.17 .46 537.26 331.75 McKesson MCK .5 24 527.41 +1.53 .62 4.97 2.94 Nokia NOK 2.3 28 3.62 +0.06.0326
8.10 2.23 JumiaTech JMIA ... dd 7.08 +0.17 ... 130.39 76.58 Leidos LDOS 1.2 91 128.76 +1.32 .38 22.81 5.08 MediaAlpha MAX ... dd 19.45 –2.10 ... 20.04 13.56 NomadFoods NOMD 3.1 16 19.52 +0.02 .15
26.66 19.34 ICICI Bank IBN .4 18 26.18 –0.30.1736 38.04 24.87 JuniperNetworks JNPR 2.4 39 37.36 –0.01 .22 9.84 0.85 Leju LEJU ... dd 1.36 –0.05 ... 10.74 2.92 MedicalProp MPW14.4 dd 4.18 –0.20 .15 6.33 3.38 Nomura NMR 1.9 24 6.25 +0.41.0543
40 BARRON’S March 11, 2024

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
4.83 3.26 NordicAmTankers NAT 11.4 9 4.04 –0.12 .12 16.23 11.91 ParkAerospace PKE 3.3 33 15.26 +0.31 .125 14.64 9.27 RangerEnergySvcs RNGR 1.8 12 11.17 +0.47 .05 57.23 25.84 SharkNinja SN .0 47 56.00 +0.17 1.08 64.32 37.59 Sylvamo SLVM 1.9 11 62.51 +0.29 .30
23.53 12.88 Nordstrom JWN 4.5 21 17.06 –3.66 .19 17.78 10.70 ParkHotels PK 4.1 37 17.17 –0.13 .25 7.17 2.63 Ranpak PACK ... dd 4.56 –0.13 ... 68.74 52.47 Shell SHEL 4.0 11 64.32 +0.76 .688 42.31 26.59 SynchronyFinl SYF 2.4 8 42.14 +1.09 .25
261.37 183.09 NorfolkSouthern NSC 2.1 32 259.54 +2.05 1.35 543.92 300.86 ParkerHannifin PH 1.1 27 537.35 –0.45 1.48 122.40 82.00 RaymondJames RJF 1.5 15 120.20 +0.13 .45 347.71 205.43 SherwinWilliams SHW .8 37 340.69 +5.46 .715 40.92 24.40 SynovusFinl SNV 3.8 11 39.64 +1.70 .38
26.30 15.32 NorthAmConstr NOA 1.2 14 25.17 –0.18 .074 84.19 40.61 Parsons PSN ... 58 81.42 +0.60 ... 7.67 2.66 RayonierAdvMatls RYAM ... dd 3.92 +0.14 ... 92.30 42.91 Shift4Paymts FOUR ... 58 82.16 –1.38 ... 82.89 62.24 Sysco SYY 2.5 20 80.56 +0.60 .50
16.36 4.77 NoEuroOil NRT 24.8 4 5.29 –0.27 .05 374.04 146.15 PaycomSoftware PAYC .8 31 181.22 –3.53 .375 35.29 24.84 Rayonier RYN 3.2 30 35.11 +0.61 .285 35.38 24.99 ShinhanFin SHG 2.7 6 35.09 +2.48.3953 4.86 1.04 System1 SST ... dd 1.69 –0.02 ...
43.64 25.56 NorthernOil&Gas NOG 4.4 4 36.34 –0.11 .40 21.02 7.07 Paymentus PAY ... cc 19.21 +3.39 ... 11.97 8.30 ReadyCapital RC 13.7 4 8.76 –0.21 .30 91.57 39.79 Shopify SHOP ... cc 76.16 –0.43 ...
75.96 33.80 Shutterstock SSTK 2.4 17 50.41 +0.33 .30 T
496.89 414.56 NorthropGrum NOC 1.6 34 459.50 +4.60 1.87 21.46 9.25 Paysafe PSFE ... dd 12.17 –2.36 ... 64.18 45.04 RealtyIncome O 5.8 42 52.91 +0.67.2565
49.09 34.95 NorthwestNat NWN 5.2 15 37.70 +0.77.4875 27.70 17.71 PeabodyEnergy BTU 1.1 5 27.16 +2.13 .075 4.27 2.35 Redwire RDW ... dd 3.00 –0.09 ... 9.88 3.85 Sibanye-Stillwater SBSW 6.5 dd 4.64 +0.40.1102 15.52 5.09 TAL Education TAL ... dd 11.82 –3.00 ...
22.75 12.15 NorwegCruise NCLH ... 85 19.99 +0.70 ... 47.00 8.00 PeakstoneRealty PKST 5.7 dd 15.75 +2.11 .225 8.30 5.47 RedwoodTrust RWT 11.5 dd 6.19 +0.05 .16 108.79 57.10 SignetJewelers SIG .9 12 96.99 –4.58 .23 42.76 32.52 TC Energy TRP 7.1 20 40.24 +0.49.7111
5.47 1.85 NouveauMonde NMG ... dd 2.39 –0.10 ... 13.14 9.29 Pearson PSO 2.2 19 12.76 –0.01.1987 175.56 97.18 RegalRexnord RRX .8 dd 173.08 +1.66 .35 54.92 38.11 SilganHoldings SLGN 1.7 15 44.27 +0.55 .19 10.57 4.22 TDCX TDCX ... 12 7.09 +0.01 ...
108.78 76.02 Novartis NVS 3.2 14 100.71 –1.353.7772 16.65 11.39 PebblebrookHotel PEB .2 dd 16.20 –0.13 .01 34.60 20.50 RegionalMgmt RM 5.1 14 23.72 +0.79 .30 43.95 19.13 SilverBowRscs SBOW ... 3 30.77 +0.98 ... 108.92 86.30 TD Synnex SNX 1.5 16 104.23 –1.11 .40
138.28 67.66 NovoNordisk NVO .7 49 133.07 +8.84.8836 15.20 7.70 PediatrixMedical MD ... dd 9.03 +0.26 ... 21.08 13.72 RegionsFinl RF 4.9 9 19.69 +1.10 .24 11.32 9.95 SilverBoxIIIA SBXC ... 78 10.49 +0.03 ...
146.84 115.00 TE Connectivity TEL 1.7 13 140.53 –3.21 .59
11.61 4.13 NuHoldings NU ... 52 11.07 –0.20 ... 11.27 10.33 PegasusDigA PGSS ... cc 11.26 +0.07 ... 184.68 120.99 ReinsGrp RGA 1.9 14 182.22 +5.67 .85 9.76 4.58 Similarweb SMWB ... dd 9.48 +0.78 ...
17.37 13.40 Tegna TGNA 3.1 6 14.61 +0.96.1138
41.50 12.06 NuSkinEnts NUS 1.9 75 12.74 +0.10 .06 35.74 28.15 PembinaPipeline PBA 5.6 16 35.48 +0.45.4944 333.33 229.12 Reliance RS 1.4 14 319.80 –0.38 1.10 153.50 100.17 SimonProperty SPG 5.2 22 150.96 +0.52 1.95
21.34 15.47 Telus TU 6.3 40 17.31 –0.25.2769
195.00 129.79 Nucor NUE 1.2 10 185.82 –4.88 .54 7.27 4.70 PennantPark PNNT12.4 9 6.78 ... .07 235.14 174.22 RenaissanceRe RNR .7 4 230.35 +7.00 .39 218.38 100.84 SimpsonMfg SSD .5 26 211.58 +2.28 .27
21.75 6.03 TelusIntl TIXT ... 58 9.13 –0.99 ...
9.85 1.81 NuScalePower SMR ... dd 5.49 +2.04 ... 94.78 54.00 PennyMacFin PFSI .9 32 86.88 +1.48 .20 34.85 22.99 Renasant RNST 2.8 12 31.50 +0.53 .22 12.61 6.90 SiriusPoint SPNT ... 6 12.20 +0.04 ...
45.58 35.22 Ternium TX 7.2 27 40.10 –0.26 1.10
24.50 14.41 NuSTAREnergy NS 6.7 33 23.76 –0.11 .40 15.89 10.52 PennyMacMtg PMT 11.2 9 14.28 ... .40 41.55 23.39 RentokilInit RTO 1.3 35 32.40 +3.54.1759 183.93 116.81 SiteOneLandscape SITE ... 48 182.16 +10.49 ...
152.32 100.96 TFI Intl TFII 1.1 26 148.66 +0.29 .40
79.22 47.90 Nutrien NTR 4.1 21 52.90 +0.66 .54 180.84 128.37 PenskeAuto PAG 2.0 10 152.23 –2.41 .87 16.01 5.95 ReposiTrak TRAK .5 51 14.47 –0.21.0165 27.61 19.31 SitioRoyalties STR 8.2 dd 23.86 +0.71 .51
19.14 11.61 TIM TIMB 4.0 16 18.97 +0.33 .276
2.54 0.95 NuvationBio NUVB ... dd 2.44 +0.21 ... 82.26 50.15 Pentair PNR 1.1 22 81.22 +2.89 .23 192.57 126.58 RepublicSvcs RSG 1.2 34 184.19 +0.55 .535 28.99 18.29 SixFlags SIX ... 57 26.26 +0.17 ...
102.84 72.92 TJX TJX 1.4 25 95.91 –2.60.3325
70.29 40.00 nVentElectric NVT 1.1 20 68.58 –0.16 .19 348.67 180.93 Penumbra PEN ... cc 244.54 +7.87 ... 23.17 14.20 ResideoTech REZI ... 16 22.30 –0.38 ... 65.17 41.56 SkechersUSA SKX ... 17 60.05 –2.28 ...
118.04 72.33 TKO TKO .6 cc 81.39 –0.92 3.86
6.75 2.13 Perfect PERF ... 46 2.49 –0.01 ... 243.52 132.24 ResMed RMD 1.0 31 188.44 +13.83 .48 7.65 3.05 SkeenaRscs SKE ... dd 4.41 +0.39 ...
O 8.40 4.64 TPG RE Fin TRTX12.8 dd 7.52 –0.03 .24
78.54 52.32 PerformanceFood PFGC ... 28 76.28 –0.50 ... 81.92 59.99 RestaurantBrands QSR 2.9 21 79.70 +1.99 .58 43.40 10.65 Skillsoft SKIL ... dd 11.75 –0.05 ...
24.99 17.20 TXO Partners TXO 12.6 dd 18.48 +0.69 .58
8.41 2.79 PerimeterSolns PRM ... 16 6.35 +0.11 ... 26.76 12.25 Revolve RVLV ... 54 20.59 –2.13 ... 15.55 3.96 Skillz SKLZ ... dd 7.05 –0.13 ...
39.04 22.34 OFGBancorp OFG 2.7 10 37.42 +1.20 .25 158.40 81.21 TaiwanSemi TSM 1.1 28 146.37 +12.47.4408
27.77 10.95 PermianBasin PBT 5.0 20 11.82 –1.55.0455 139.04 79.50 Revvity RVTY .3 19 109.33 +2.21 .07 86.10 52.12 SkylineChamp SKY ... 24 83.19 –1.64 ...
39.09 31.25 OGE Energy OGE 4.9 16 33.85 +1.01.4182 17.15 13.19 TakedaPharm TAK 3.7 37 14.77 +0.21.3191
16.31 8.94 PermianRscs PR 1.3 14 15.96 –0.09 .10 51.19 27.42 RexAmerRscs REX ... 16 43.90 +0.60 ... 25.98 18.86 SmartFinancial SMBK 1.5 12 21.16 –0.20 .08
23.57 13.56 O-I Glass OI ... dd 16.25 –0.96 ... 17.59 10.69 TalosEnergy TALO ... 8 12.72 –0.61 ...
3.16 1.33 PermianvilleRT PVL 12.2 3 1.37 –0.07.0772 60.06 41.56 RexfordIndlRealty REXR 3.1 47 53.15 +1.02.4175 4.12 2.15 SmartRent SMRT ... dd 2.71 –0.19 ...
83.89 55.50 ONE Gas OGS 4.2 15 63.13 +3.65 .66 29.98 17.22 Tanger SKT 3.5 32 29.42 +0.48 .26
7.25 4.10 PermRock PRT 10.8 7 4.42 –0.14.0347 11.17 10.42 RigelResourceA RRAC ... 41 11.13 ... ... 52.81 37.09 Smartsheet SMAR ... dd 41.34 –1.66 ...
78.19 55.91 ONEOK OKE 5.1 14 77.16 +2.03 .99 48.80 25.99 Tapestry TPR 3.0 12 47.08 –0.14 .35
40.28 25.77 Perrigo PRGO 3.6 dd 30.25 +3.92 .276 43.28 25.08 RingCentral RNG ... dd 36.01 +2.14 ... 87.60 63.40 SmithAO AOS 1.5 23 85.82 +1.88 .32
9.55 5.73 ON24 ONTF .0 dd 6.79 –0.04 1.09 105.58 64.85 TargaResources TRGP 1.9 28 103.83 +4.49 .50
17.91 9.56 PetroleoBrasil PBR 19.2 4 14.78 –1.90.1749 75.09 58.27 RioTinto RIO 6.9 10 62.69 –2.45 2.58 33.09 21.53 Smith&Nephew SNN 2.6 46 27.65 +1.23 .462
16.49 12.19 Openlane KAR ... dd 16.03 +0.17 ... 175.53 102.93 Target TGT 2.6 19 169.72 +14.43 1.10
17.32 8.52 PetroleoBrasilA PBR.A19.6 4 14.48 –1.76.1749 6.24 3.48 Riskified RSKD ... dd 5.14 +0.48 ... 32.79 23.26 SmithDouglas SDHC ... ... 30.51 –0.75 ...
67.67 55.12 OccidentalPetrol OXY 1.4 16 60.80 –0.56 .22 45.76 22.89 TaroPharm TARO ... 35 42.03 –0.07 ...
42.22 25.61 Pfizer PFE 6.2 76 27.22 +0.63 .42 11.15 7.40 RithmCapital RITM 9.2 10 10.92 –0.06 .25 159.92 107.33 Smucker SJM 3.5 dd 119.56 –2.98 1.06
27.46 14.99 OceaneeringIntl OII ... 22 20.57 –0.07 ... 59.57 34.10 TaylorMorrison TMHC ... 8 58.19 +0.49 ...
101.92 87.23 PhilipMorris PM 5.6 18 92.68 +2.85 1.30 88.39 64.65 RobertHalf RHI 2.6 21 81.34 +0.58 .53 17.90 7.86 Snap SNAP ... dd 12.39 +1.14 ...
35.79 21.15 OcwenFinancial OCN ... dd 24.96 –1.14 ... 11.25 3.53 Team TISI ... dd 6.47 +0.28 ...
150.77 89.74 Phillips66 PSX 2.8 10 149.34 +5.14 1.05 47.65 24.88 Roblox RBLX ... dd 39.94 –1.38 ... 297.53 226.68 Snap-On SNA 2.5 16 295.24 +17.94 1.86
15.20 6.00 Offerpad OPAD ... dd 7.24 –1.51 ... 22.97 12.04 TechnipFMC FTI .9 cc 22.02 –0.56.6311
4.14 1.10 PhoenixNewMedia FENG ... dd 1.78 +0.46 ... 15.19 7.17 RocketCos. RKT ... dd 12.72 –0.15 ... 237.72 128.56 Snowflake SNOW ... dd 162.40 –24.32 ...
77.50 34.63 Oil-Dri ODC 1.6 13 71.09 –0.09 .29 49.34 32.48 TeckResourcesB TECK .9 12 41.34 +2.14.0925
36.13 12.05 Phreesia PHR ... dd 24.84 –0.14 ... 348.52 252.11 Rockwell ROK 1.7 28 294.59 +5.54 1.25 85.52 38.50 SOQUIMICH SQM 7.1 7 46.03 –5.40.5035
9.13 5.22 OilStatesIntl OIS ... 28 5.60 –0.08 ... 54.40 28.21 Tecnoglass TGLS 1.0 12 44.88 +0.08 .11
8.67 4.91 PiedmontOfficeA PDM 7.9 dd 6.36 +0.17 .125 50.00 36.55 RogersComm B RCI 3.3 36 44.19 –0.34.3676 8.48 4.35 SohoHouse SHCO ... dd 6.03 +0.06 ...
32.46 20.00 OkeanisEcoTankers ECO .0 5 29.00 –0.63 .66 9.28 5.01 Teekay TK ... 5 7.18 –0.43 ...
86.03 65.20 PinnacleWest PNW 4.9 16 71.70 +3.65 .88 173.16 107.37 Rogers ROG ... 38 115.90 +4.06 ... 11.33 6.59 SolarisOilfield SOI 5.8 11 8.32 –0.19 .12
30.61 23.31 OldRepublic ORI 3.7 14 28.95 –0.22 .265 64.42 35.00 TeekayTankers TNK 1.9 4 53.78 –0.96 .25
16.00 2.85 Pinstripes PNST ... dd 3.74 +0.25 ... 45.60 32.19 Rollins ROL 1.3 51 45.45 +1.45 .15 13.43 8.07 SolarWinds SWI ... dd 12.24 +0.24 ...
59.95 41.71 Olin OLN 1.4 16 56.81 +2.14 .20 19.00 15.25 TejonRanch TRC ... cc 16.65 –0.10 ...
41.60 20.60 Pinterest PINS ... dd 34.90 –1.50 ... 11.10 10.18 RossAcqnIIA ROSS ... 38 11.04 +0.03 ... 8.86 2.39 SoloBrands DTC ... 6 2.46 –0.27 ...
8.84 4.25 Olo OLO ... dd 5.59 –0.33 ... 30.41 14.29 TeladocHealth TDOC ... dd 15.42 +0.42 ...
257.76 177.27 PioneerNatRscs PXD 4.5 12 243.52 +6.25 1.31 102.07 77.90 RoyalBkCanada RY 4.1 13 99.33 +2.001.0207 60.24 39.02 SonicAutomotive SAH 2.3 10 52.16 –0.34 .30
34.77 25.61 OmegaHealthcare OHI 8.7 31 30.74 –0.26 .67 8.87 4.08 TelecomArgentina TEO 18.3 18 6.80 –0.53.208
196.69 120.97 PiperSandler PIPR 1.3 39 191.98 +3.34 1.00 133.77 59.37 RoyalCaribbean RCL ... 21 127.47 +3.21 ... 19.09 6.00 SonidaSrLiving SNDA ... dd 18.79 +7.02 ...
99.23 72.20 Omnicom OMC 3.1 13 91.69 +3.25 .70 448.71 364.98 TeledyneTech TDY ... 23 425.98 +0.98 ...
4.58 2.80 PitneyBowes PBI 4.8 dd 4.13 –0.04 .05 13.84 0.50 RubiconTech RBT ... dd .65 –0.08 ... 63.74 49.98 SonocoProducts SON 3.5 12 57.55 +0.84 .51
37.08 19.90 OnHolding ONON ... cc 33.09 –1.56 ... 276.43 177.63 Teleflex TFX .6 30 224.40 +1.40 .34
84.48 44.13 PlanetFitness PLNT ... 40 65.00 +2.78 ... 7.31 2.77 RushStreetInt RSI ... dd 5.82 –0.02 ... 100.94 79.62 Sony SONY .5 17 87.21 –0.81.2715
23.40 17.55 OneLiberty OLP 8.1 16 22.32 +1.94 .45 11.43 7.16 TelefonicaBras VIV 5.2 17 10.54 –0.32 .104
5.00 1.99 PlanetLabs PL ... dd 2.24 –0.01 ... 54.71 35.10 RyanSpecialty RYAN .8 cc 54.32 +0.71 .23 87.77 59.51 SouthState SSB 2.5 13 83.78 +1.47 .52
6.36 2.08 OneConnectFin OCFT ... dd 2.21 –0.33 ... 4.53 3.72 Telefonica TEF 5.7 dd 4.20 +0.05.1592
9.82 4.53 PlayAGS AGS ... cc 8.99 –0.14 ... 119.47 76.15 RyderSystem R 2.5 13 114.79 +1.23 .71 75.80 61.56 Southern SO 4.1 19 69.01 +2.15 .70
50.02 32.79 OneMain OMF 8.3 9 48.38 –0.33 1.00 29.58 21.67 TelekmIndonesia TLK 3.4 16 24.85 –0.421.1296
25.55 19.21 PlymouthIndREIT PLYM 4.4 cc 21.93 +0.10 .24 44.70 26.15 RyersonHolding RYI 2.4 8 30.82 –1.20.1875 88.40 64.66 SoCopper SCCO 4.4 28 86.28 +5.62 .80
199.72 76.40 OntoInnovation ONTO ... 75 185.19 –7.40 ... 21.75 6.44 Telephone&Data TDS 4.8 dd 15.93 +0.52 .19
138.49 82.00 Polaris PII 2.8 11 92.67 –0.79 .66 122.91 77.18 RymanHospitality RHP 3.6 23 117.82 –1.42 1.10 11.66 10.33 SouthportAcqnA PORT ... 50 10.85 +0.13 ...
15.66 8.10 Ooma OOMA ... dd 9.34 –0.70 ... 55.94 34.98 TempurSealy TPX .9 26 54.81 +0.06 .13
51.58 38.01 PortlandGenElec POR 4.6 18 41.53 +1.39 .475 39.53 21.91 SouthwestAir LUV 2.1 47 34.26 +0.30 .18
42.41 32.82 Oppenheimer A OPY 1.5 15 39.07 +0.48 .15 S 38.08 24.69 Tenaris TS .0 6 37.76 +2.21 .40
107.00 78.85 PostHoldings POST ... 23 102.96 –1.33 ... 74.27 53.79 SouthwestGas SWX 3.3 35 74.08 +4.47 .62
5.34 1.70 OppFi OPFI ... dd 2.90 –0.57 ... 10.82 5.70 TencentMusic TME ... 25 10.53 +0.14 ...
15.71 12.98 PostalRealty PSTL 6.8 cc 14.06 –0.23 .24 7.69 4.57 SouthwesternEner SWN ... 5 6.94 –0.04 ...
127.54 82.04 Oracle ORCL 1.4 31 112.42 –1.36 .40 195.99 113.64 SAP SAP .8 66 192.99 +4.462.1864 100.54 49.76 TenetHealthcare THC ... 17 98.68 +4.39 ...
25.16 16.41 PowerSchool PWSC ... dd 20.84 +0.11 ... 88.11 56.69 SpectrumBrands SPB 2.0 2 83.50 +4.04 .42
13.08 10.97 Orange ORAN 5.0 18 11.64 +0.12.3205 461.16 321.15 S&P Global SPGI .9 52 428.23 –0.78 .91 117.00 63.30 Tennant TNC 1.0 19 110.59 –0.22 .28
73.82 41.56 PrecisionDrilling PDS ... 5 62.23 +0.45 ... 51.83 20.69 SphereEnt SPHR ... 5 48.76 +4.47 ...
11.27 5.90 OrchidIsland ORC 16.7 dd 8.62 –0.04 .12 11.54 10.23 SDCLEDGEAcqn SEDA ... cc 10.93 +0.01 ... 57.73 36.67 Teradata TDC ... 64 38.06 –0.50 ...
73.93 52.90 PrestigeCnsHlth PBH ... dd 73.70 +3.57 ... 14.20 2.80 SpireGlobal SPIR ... dd 12.68 +0.20 ...
24.79 10.84 Organon OGN 6.1 5 18.45 +0.89 .28 15.24 7.04 SeacorMarine SMHI ... dd 12.31 +0.20 ... 65.64 41.89 Terex TEX 1.2 8 58.57 +1.88 .17
254.41 155.68 Primerica PRI 1.2 16 247.04 –1.69 .75 72.07 53.77 Spire SR 5.0 16 60.70 +1.09 .755
36.91 25.59 OriginBancorp OBK 1.9 11 31.10 +1.68 .15 3.21 1.16 SES AI SES ... dd 1.66 –0.02 ... 2.19 0.62 TerranOrbital LLAP ... dd 1.19 +0.12 ...
16.56 12.27 PrimoWater PRMW 2.2 36 16.51 +0.36 .09 36.34 14.65 SpiritAeroSys SPR ... dd 35.78 +2.80 ...
8.49 2.33 OrionGroup ORN ... dd 8.47 +1.80 ... 13.74 8.43 SFL SFL 7.7 ... 13.55 +0.06 .26 65.64 50.42 TerrenoRealty TRNO 2.8 36 64.24 –1.26 .45
41.65 22.90 PrimorisSvcs PRIM .6 18 41.15 +1.51 .06 19.69 4.04 SpiritAirlines SAVE .0 dd 4.85 –1.61 .10
7.47 3.29 OrionOffice ONL 11.3 dd 3.55 –0.03 .10 14.71 10.88 SITE Centers SITC 3.7 12 14.20 +0.56 .13 6.77 2.43 TetraTech TTI ... 20 3.97 +0.02 ...
19.38 11.87 ProAssurance PRA 1.6 dd 12.54 –0.46 .05 272.44 118.55 Spotify SPOT ... dd 259.40 –4.35 ...
28.48 19.32 Orion OEC .4 13 22.26 +0.11.0207 81.86 54.39 SJW Group SJW 2.8 21 57.39 +0.99 .40 13.93 7.09 TevaPharm TEVA ... dd 13.62 +0.12 ...
80.43 48.11 ProcoreTech PCOR ... dd 78.82 –0.07 ... 17.14 9.79 Sprinklr CXM ... cc 13.55 +0.13 ...
112.04 79.64 Orix IX 2.3 13 109.45 +3.501.4781 22.61 18.52 SK Telecom SKM 5.0 11 22.13 +0.13.3482 2000.00 1266.21 TexasPacLand TPL .9 29 1527.72 –38.00 3.50
161.74 136.35 Procter&Gamble PG 2.3 27 160.35 +1.50.9407 38.60 28.04 Sprott SII 2.8 23 36.27 –0.44 .25
90.95 58.73 OrmatTech ORA .7 33 68.82 +3.01 .12 52.42 19.06 SLGreenRealty SLG 5.8 dd 51.76 +3.27 .25 50.15 30.22 Textainer TGH 2.4 12 49.91 +0.03 .30
198.98 111.41 Progressive PGR .2 30 198.41 +10.58 .10 8.88 3.27 SprucePower SPRU ... dd 4.03 –0.14 ...
18.55 3.23 OscarHealth OSCR ... dd 14.63 –1.95 ... 45.36 24.66 SM Energy SM 1.6 7 45.07 +0.57 .18 93.45 61.27 Textron TXT .1 20 92.13 +3.45 .02
137.52 96.64 Prologis PLD 2.8 43 135.07 +0.47 .96 34.62 25.60 Squarespace SQSP ... dd 31.49 –0.87 ...
116.47 72.09 Oshkosh OSK 1.6 13 114.25 +2.46 .46 9.50 1.89 SOS SOS ... dd 2.27 –1.25 ... 603.82 415.60 ThermoFisher TMO .3 39 597.61 +21.28 .39
5.06 3.15 PropertyGuru PGRU ... dd 3.33 –0.17 ... 65.99 38.70 St.Joe JOE .9 40 53.80 –0.20 .12
12.12 9.63 OsirisAcqn OSI ... dd 10.71 +0.11 ... 118.14 61.09 SPX Tech SPXC ... 37 115.64 +0.82 ... 34.07 20.56 Thermon THR ... 19 27.75 +0.26 ...
11.37 6.33 ProPetro PUMP ... 10 7.34 –0.18 ... 41.71 30.09 StandardMotor SMP 3.8 11 30.45 –0.64 .29
5.92 1.87 OsiskoDevelopment ODV ... dd 2.31 +0.19 ... 39.61 31.01 STAG Indl STAG 3.9 35 37.81 +0.29.1233 161.57 117.46 ThomsonReuters TRI 1.4 27 156.69 –2.60 .54
68.88 49.60 ProsperityBcshs PB 3.6 14 63.07 +1.21 .56 182.56 111.02 StandexIntl SXI .7 15 173.10 –2.25 .30
17.96 11.24 OsiskoGold OR 1.1 dd 16.16 +1.00.0444 81.42 55.60 SabineRoyalty SBR 10.1 10 61.06 +0.40.4114 129.31 74.50 ThorIndustries THO 1.8 21 105.11 –23.92 .48
104.21 73.12 StanleyBlackDck SWK 3.5 dd 91.48 +1.91 .81
97.68 73.32 OtisWorldwide OTIS 1.4 29 97.63 +1.95 .34 41.87 23.01 ProtoLabs PRLB ... 57 37.55 +1.88 ... 13.15 10.08 SableOffshoreA SOC ... dd 12.00 –0.20 ... 11.09 3.50 3D Systems DDD ... dd 5.05 +0.82 ...
87.53 54.90 Stantec STN .7 39 85.05 +3.31.1548
10.30 3.21 Ouster OUST ... dd 5.53 –0.03 ... 21.35 13.43 ProvidentFinSvcs PFS 6.3 9 15.25 +0.42 .24 5.00 2.97 SafeBulkers SB 4.0 8 4.96 +0.25 .05 113.14 85.35 3M MMM 6.4 dd 93.90 +2.04 1.51
14.00 8.55 Starrett A SCX ... 4 9.92 –0.09 ...
17.02 8.18 OutfrontMedia OUT 7.5 dd 15.99 +1.21 .30 111.91 75.37 PrudentialFinl PRU 4.7 17 111.10 +3.09 1.30 30.29 15.00 Safehold SAFE 3.3 dd 21.18 +0.34 .177 86.99 37.76 Tidewater TDW ... 44 81.45 +1.36 ...
22.29 16.06 StarwoodProp STWD 9.4 19 20.38 –0.19 .48
6.74 3.32 OverseasShip OSG 4.0 10 6.02 –0.14 .06 30.91 19.42 Prudential PUK ... 15 20.31 +0.19 ... 318.71 170.00 Salesforce CRM .5 73 305.28 –11.60 .40 9.50 6.05 Tilly's TLYS ... dd 7.32 –0.38 ...
82.57 62.78 StateStreet STT 3.8 13 72.43 –1.42 .69
51.60 32.07 Ovintiv OVV 2.4 6 49.46 –0.94 .30 65.59 53.71 PublicServiceEnt PEG 3.7 13 64.26 +2.02 .60 15.93 7.21 SallyBeauty SBH ... 8 12.84 +0.20 ... 95.08 65.71 Timken TKR 1.5 16 86.30 +1.71 .33
48.00 33.12 SteelPartners SPLP ... 5 38.00 +0.50 ...
26.54 11.79 Owens&Minor OMI ... dd 25.64 +1.00 ... 316.48 233.18 PublicStorage PSA 4.1 26 293.13 +9.893.00 39.88 16.63 Samsara IOT ... dd 39.16 +4.17 ... 15.33 9.23 TItanIntl TWI ... 10 12.69 +0.08 ...
14.54 6.39 Steelcase SCS 3.1 21 12.96 –0.44 .10
160.18 88.86 OwensCorning OC 1.5 12 157.00 +5.33 .60 115.20 52.24 PulteGroup PHM .7 10 112.68 +1.47 .20 11.20 4.37 SanJuanBasin SJT 18.8 3 5.39 +0.09.0303 27.00 13.77 Toast TOST ... dd 24.52 +1.14 ...
27.69 15.07 Stellantis STLA ... 4 27.30 +0.81 ...
7.50 2.52 Owlet OWLT ... dd 5.15 –0.55 ... 58.46 22.14 PureStorage PSTG ... cc 55.35 +0.02 ... 17.80 11.51 SandRidgeEnergy SD 3.0 8 13.86 +0.85 .11 122.72 56.36 TollBros TOL .7 9 120.68 +3.76 .21
29.04 20.24 StellarBancorp STEL 2.1 10 24.25 +0.45 .13
120.08 82.33 OxfordIndustries OXM 2.5 11 105.73 +3.79 .65 11.15 10.47 PyrophyteAcqn PHYT ... 35 11.11 +0.01 ... 6.31 3.96 SandstormGold SAND 1.3 34 4.64 +0.15.0149 44.65 28.22 TootsieRoll TR 1.1 25 31.85 +0.27 .09
7.93 2.07 Stem STEM ... dd 2.17 –0.41 ...
48.99 18.91 Q2 QTWO ... dd 48.94 +2.67 ... 28.87 22.63 SaratogaInvt SAR 12.0 12 23.81 +0.20 .73 421.75 184.50 TopBuild BLD ... 21 407.25 –3.36 ...
PQ 104.43 63.60 Stepan SCL 1.7 50 87.59 –0.35 .375
49.18 35.81 Qiagen QGEN .0 29 44.46 +1.01 1.28 14.49 7.31 Sasol SSL 6.4 34 7.84 +0.04.5248 23.09 9.84 TopgolfCallaway MODG ... 32 14.15 –0.15 ...
254.00 173.21 Steris STE .9 41 233.70 +0.93 .52
6.75 2.68 QuadGraphics QUAD 3.8 dd 5.25 –0.61 .05 41.04 32.13 SaulCenters BFS 6.1 22 38.61 +1.49 .59 116.13 78.35 Toro TTC 1.6 33 89.23 –2.82 .36
56.38 31.26 PBF Energy PBF 2.0 3 50.06 +1.31 .25 36.30 22.23 Stevanato STVN .2 49 29.35 –3.24.0578
221.94 138.67 QuakerHoughton KWR .9 32 199.41 +1.34 .455 26.88 10.16 SaversValue SVV ... 56 19.43 –1.35 ... 66.15 54.69 TorontoDomBk TD 4.9 13 60.33 +0.34.7519
18.32 14.71 PG&E PCG .2 19 16.56 –0.04 .01 63.87 36.01 StewartInfo STC 3.1 56 61.27 –1.96 .475
36.57 18.71 QuanexBldg NX .9 13 33.92 –1.25 .08 62.12 42.73 Schlumberger SLB 2.2 17 50.40 +1.05 .275 6.86 1.21 Torrid CURV ... 43 4.87 –0.25 ...
41.97 20.29 PGT Innovations PGTI ... 23 41.84 +0.06 ... 77.62 53.48 StifelFinancial SF 2.2 18 75.22 –0.23 .42
245.42 151.70 QuantaServices PWR .1 48 242.06 +1.17 .09 31.74 21.39 SchneiderNatl SNDR 1.6 17 23.18 +0.26 .095 11.21 10.16 TortoiseEcoIII A TRTL ... 38 10.75 +0.01 ...
37.00 23.46 PHINIA PHIN 2.9 14 34.10 –1.25 .25 55.85 37.21 STMicroelec STM .4 11 46.95 –0.22 .06
13.86 4.99 QuantumScape QS ... dd 6.04 –0.20 ... 71.40 45.00 SchwabC SCHW 1.5 26 67.17 +0.70 .25 69.63 54.94 TotalEnergies TTE ... 8 65.79 +1.29 ...
3.89 2.33 PHX Minerals PHX 3.9 5 3.04 –0.02 .03 24.51 14.18 Stoneridge SRI ... dd 16.85 –0.81 ...
2.55 1.08 Qudian QD ... 6 2.38 +0.04 ... 72.89 40.34 ScorpioTankers STNG 2.3 7 68.32 +1.22 .40 12.65 7.88 TownsquareMedia TSQ 7.0 dd 10.75 +0.05.1875
107.35 59.61 PJT Partners PJT 1.0 36 100.11 –4.58 .25 69.70 35.61 Stride LRN ... 15 61.18 +0.06 ...
25.64 19.02 PLDT PHI 5.3 10 23.12 +0.15.8628 148.62 119.59 QuestDiag DGX 2.4 17 127.24 +2.56 .75 78.25 43.67 ScottsMiracleGro SMG 3.9 dd 68.03 +0.85 .66 253.43 132.35 ToyotaMotor TM 1.6 10 242.82 –3.222.0025
360.28 249.98 Stryker SYK .9 43 357.87 +4.65 .80
157.69 109.40 PNC Finl PNC 4.1 12 150.33 +2.52 1.55 R 8.23 3.71 ScullyRoyalty SRL 11.8 dd 6.65 –0.80 .17 9.57 4.22 StudioCity MSC ... dd 6.75 ... ... 6.70 2.00 Traeger COOK ... dd 2.04 –0.19 ...
49.18 34.63 PNM Resources PNM 4.1 37 37.69 +0.89.3875 88.84 34.35 Sea SE ... cc 57.72 +6.67 ... 59.47 42.00 SturmRuger RGR 2.4 17 45.38 +2.49 .23 289.79 162.04 TraneTech TT 1.2 32 284.85 –1.13 .84
133.09 58.65 POSCO PKX 1.4 18 83.83 +1.93.4683 288.16 195.18 RBC Bearings RBC ... 45 268.05 +1.69 ... 16.18 9.31 SeabridgeGold SA ... dd 13.58 +1.86 ... 22.33 14.42 SuburbanPropane SPH 6.2 13 20.95 +0.12 .325 10.40 6.73 Transalta TAC 2.3 4 6.94 +0.11.0437
152.89 120.33 PPG Ind PPG 1.8 26 140.73 +1.21 .65 77.99 51.07 RB Global RBA 1.4 89 75.51 –1.23 .27 50.72 33.78 SeaDrill SDRL ... 12 46.73 +2.43 ... 12.46 7.53 SumitomoMits SMFG 2.4 14 12.33 +1.09 .182 45.75 27.23 TrancntlRlty TCI ... 5 38.80 –0.26 ...
29.04 22.20 PPL PPL 3.8 27 27.18 +1.04.2575 11.89 10.41 RCF Acqn A RCFA ... 24 11.06 +0.02 ... 48.44 28.50 SealedAir SEE 2.2 16 36.46 +1.70 .20 7.29 5.31 SummitHotelProp INN 3.7 dd 6.56 +0.01 .06 1207.58 686.46 TransDigm TDG .0 49 1164.99 –18.2835.00
44.81 21.94 ProgHoldings PRG 1.5 11 32.04 +0.64 .12 44.75 30.05 RELX RELX 1.7 38 43.81 +0.59.5263 33.51 21.28 SelectMedical SEM 1.8 15 28.30 +1.17 .125 44.42 25.43 SummitMaterials SUM ... 18 42.99 –0.21 ... 8.88 4.45 Transocean RIG ... dd 5.25 +0.16 ...
40.99 23.96 PROS PRO ... dd 35.93 –0.03 ... 20.48 7.83 RE/MAX RMAX11.0 dd 8.36 –0.30 .23 9.16 5.52 SelectWater WTTR 2.6 12 8.47 –0.21 .06 21.40 13.00 SummitMidstream SMLP ... dd 20.88 +1.39 ... 15.77 8.11 TransportadGas TGS ... 42 12.12 –1.23 ...
35.57 4.30 PSQ PSQH ... dd 4.69 +0.03 ... 21.33 9.85 REV REVG 1.1 5 18.66 –2.12 .05 2.44 0.86 SelectQuote SLQT ... dd 1.82 –0.19 ... 143.99 102.74 SunComms SUI 2.8 cc 133.56 +0.82 .94 82.75 42.09 TransUnion TRU .5 dd 80.13 +1.42 .105
13.41 7.13 P10 PX 1.6 dd 8.09 –0.24.0325 406.38 207.26 RH RH ... 30 276.96 –0.67 ... 79.52 63.75 Sempra SRE 3.5 15 71.07 +1.20 .62 55.43 43.53 SunLifeFinancial SLF 4.2 14 54.98 +1.47.5771 46.26 32.10 Travel+Leisure TNL 4.0 9 45.24 +0.25 .45
139.59 69.27 PVH PVH .1 16 134.33 –3.51.0375 149.65 123.05 RLI RLI .7 22 146.45 +0.23 .27 14.09 7.21 Semrush SEMR ... cc 11.41 –1.15 ... 11.44 6.71 SunCokeEnergy SXC 3.7 16 10.83 +0.03 .10 223.88 157.33 Travelers TRV 1.8 17 218.45 –0.37 1.00
188.61 122.20 PackagingCpAm PKG 2.7 22 186.08 +5.89 1.25 12.39 9.07 RLJ Lodging RLJ 3.3 38 12.20 +0.02 .10 17.00 10.44 SendasDistrib ASAI ... 27 14.41 +0.25 ... 35.51 27.59 SuncorEnergy SU 4.7 7 34.45 –0.49.3843 11.35 4.03 Tredegar TG .0 dd 4.34 +0.12 .13
35.33 19.18 PagerDuty PD ... dd 24.66 +0.01 ... 3.00 1.39 RLX Tech RLX .4 cc 1.86 –0.07.008 50.11 30.56 SensataTech ST 1.4 dd 35.37 +0.64 .12 12.55 2.97 SunlandsTech STG ... 2 10.54 –0.06 ... 55.30 34.76 TreeHouseFoods THS ... 38 36.62 +1.23 ...
14.98 6.93 PagSeguroDig PAGS ... 13 13.13 –0.56 ... 9.41 6.34 RPC RES 2.1 8 7.55 +0.04 .04 78.70 52.90 SensientTech SXT 2.4 31 68.67 +1.99 .41 24.56 5.32 SunnovaEnergy NOVA ... dd 5.35 –1.89 ... 101.91 44.90 Trex TREX ... 50 94.90 +0.29 ...
27.50 7.19 PalantirTech PLTR ... cc 26.04 +1.11 ... 119.39 78.52 RPM RPM 1.6 29 117.36 +2.59 .46 30.76 12.43 SentinelOne S ... dd 27.45 –0.45 ... 64.89 40.81 Sunoco SUN 5.3 17 63.14 +1.34.842 36.43 23.00 TriPointe TPH ... 10 34.60 –1.04 ...
52.17 26.86 PampaEnergia PAM ... 8 39.61 –3.08 ... 104.91 68.56 RTX RTX 2.6 41 90.88 +1.08 .59 2.97 0.55 SequansComms SQNS ... ... .61 –0.10 ... 11.59 8.60 SunstoneHotel SHO 2.3 12 11.38 +0.08 .07 11.17 6.53 TriconRes TCN 2.1 31 11.16 +0.04 .058
19.85 12.16 PanAmerSilver PAAS 2.9 dd 13.83 +0.94 .10 24.33 16.94 RXO RXO ... cc 20.91 –0.19 ... 10.93 7.07 SeritageGrowth SRG ... dd 9.43 –0.08 ... 4.15 2.63 SuperGroup SGHC ... ... 3.50 +0.24 ... 132.62 73.86 TriNet TNET .8 19 126.05 –1.55 .25
40.70 20.30 ParPacific PARR ... 3 36.00 +0.05 ... 30.41 20.01 RadianGroup RDN 3.3 8 29.51 +0.69 .245 75.97 52.89 ServiceIntl SCI 1.6 21 75.56 +2.83 .30 6.46 2.49 SuperiorIndsIntl SUP ... dd 3.01 –0.46 ... 28.86 20.04 TrinityIndustries TRN 4.3 21 26.25 +1.21 .28
49.84 24.76 ParTechnology PAR ... dd 43.41 +0.46 ... 2.52 1.44 Rafael RFL ... dd 1.73 +0.01 ... 815.32 405.37 ServiceNow NOW ... 90 757.68 –15.95 ... 5.00 0.65 SurfAirMobility SRFM ... dd 1.07 –0.03 ... 22.67 4.22 Trinseo TSE .8 dd 4.98 +0.55 .01
19.72 7.95 Paragon28 FNA ... dd 11.00 –0.76 ... 190.41 103.17 RalphLauren RL 1.7 20 176.03 –8.96 .75 70.84 39.27 ServisFirst SFBS 1.8 17 65.45 +3.10 .30 11.98 7.46 Suzano SUZ 1.5 6 11.89 +0.28.3429 17.33 11.75 TripleFlagPrecMtl TFPM 1.5 74 13.61 +0.68.0525
5.92 3.90 ParamountGroup PGRE 3.0 dd 4.65 +0.22 .035 37.88 22.72 RangeResources RRC 1.0 9 33.11 +0.97 .08 108.39 52.01 ShakeShack SHAK ... cc 103.63 –3.62 ... 19.27 6.10 Sweetgreen SG ... dd 18.76 +2.40 ... 12.70 9.13 TriplePtVent TPVG16.3 dd 9.83 –1.00 .40
March 11, 2024 BARRON’S 41

D ATA NYSE NASDAQ ISSUES B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

Five-Day Nasdaq Composite

10.93 10.30 TristarAcqnI TRIS ... 35 10.92 +0.01 ... 38.22 15.90 VistaEnergy VIST ... 9 36.59 –0.94 ... A
17.27 7.00 TriumphGroup TGI ... dd 14.66 +0.46 ... 33.96 23.33 VistaOutdoor VSTO ... dd 31.88 –1.35 ...
88.78 52.24 AAON AAON .4 38 81.75 –1.51 .08
16.25 10.08 Tronox TROX 3.1 dd 15.90 +0.92 .125 62.12 22.67 Vistra VST 1.4 17 60.49 +5.99 .215
33.99 17.71 AcadiaPharm ACAD ... dd 23.44 –0.57 ...
19.06 10.15 TrueBlue TBI ... dd 12.06 +0.23 ... 62.87 39.74 VitalEnergy VTLE ... 2 50.38 –0.43 ...
29.88 5.70 ACELYRIN SLRN ... dd 7.48 –1.15 ...
40.76 25.56 TruistFinl TFC 5.6 dd 37.44 +2.18 .52 27.39 15.91 VitesseEnergy VTS 8.6 dd 23.17 +0.12 .50
33.43 19.56 ACI Worldwide ACIW ... 29 32.09 –0.04 ...
Crypto Equities: Record Bitcoin prices buoyed connected stocks like
25.36 15.50 TsakosEnergy TNP 2.5 2 23.78 –0.21 .30 44.16 24.65 Vontier VNT .2 18 43.41 +0.29 .025
5.91 0.61 Tupperware TUP ... ... 1.34 +0.03 ... 32.21 12.31 VornadoRealty VNO .0 cc 26.18 –0.35 .30
5.14 1.78 AC Immune ACIU ... dd 3.78 –0.07 ... MicroStrategy and Marathon Digital. The Nasdaq Composite Index
34.40 8.75 ACM Research ACMR ... 26 30.16 –3.75 ...
5.73 3.52 TurkcellIletism TKC 1.3 5 5.11 –0.28.0953 77.78 62.79 VoyaFinancial VOYA 2.3 13 68.59 +0.38 .40 ended Friday at 16,085—down 1.2% for the week.
19.06 11.58 ACV Auctions ACVA ... dd 17.92 +0.03 ...
27.95 19.67 TurningPoint TPB 1.0 13 27.33 +0.81 .07 271.73 159.76 VulcanMatls VMC .7 38 266.70 –0.73 .46
6.42 2.95 ADMA Biologics ADMA ... dd 6.34 +0.82 ...
12.78 4.90 TutorPerini TPC ... dd 12.71 +0.86 ...
2.50 1.40 Tuya TUYA ... dd 1.84 –0.04 ...
W 16.41 4.91 Adtran ADTN 5.9 dd 6.11 +0.30 .09 Monday Tuesday Wednesday Thursday Friday
14.60 9.91 AFC Gamma AFCG16.2 12 11.87 +0.35 .48
78.16 45.02 Twilio TWLO ... dd 61.86 +1.46 ... 5.64 2.51 W&T Offshore WTI 1.6 25 2.58 –0.44 .01 10.64 6.81 AGNC Invt AGNC14.8 ... 9.73 +0.15 .12 16,405
11.60 10.00 twoA TWOA ... cc 10.73 ... ... 99.26 75.13 WEC Energy WEC 4.1 19 81.68 +3.29 .835 12.25 10.47 AIBAcqnA AIB ... dd 11.55 –0.03 ...
15.49 9.83 TwoHarbors TWO15.2 dd 12.81 +0.05 .45 232.76 161.95 WEX WEX ... 37 228.84 +8.72 ... 0.36 0.08 AIBAcqnRt AIBBR ... ... .12 –0.05 ... 16,320
454.74 305.06 TylerTech TYL ... cc 420.48 –20.42 ... (Previous Friday Close)
21.00 9.65 WKKellogg KLG 4.4 ... 14.47 –0.25 .16 17.42 3.94 AlxOncology ALXO ... dd 15.21 +0.18 ...
63.28 44.94 TysonFoods TSN 3.6 dd 54.11 +0.91 .49 94.96 51.84 WNS WNS ... 18 58.78 –0.73 ... 20.97 9.96 AMC Networks AMCX ... 2 11.85 –1.30 ... 16,235
U 79.08 50.28 W.P.Carey WPC 6.0 17 57.57 +1.21 .86 57.06 45.34 Amerisafe AMSF 2.8 16 52.73 +0.54 .37
60.37 41.13 WPP WPP 5.4 73 45.22 +0.05 1.54 42.11 23.14 A-MarkPrecMet AMRK 2.8 6 28.51 +1.50 .20 16,150
31.40 17.99 UBS Group UBS 2.3 3 30.85 +1.90 .70 29.12 20.09 WabashNational WNC 1.1 6 27.90 +1.04 .08 70.50 36.54 ANI Pharm ANIP ... 73 67.42 +0.25 ...
44.02 30.95 UDR UDR 4.4 29 38.10 +2.16 .42 143.25 91.89 Wabtec WAB .6 31 142.52 +0.44 .20 364.31 258.01 Ansys ANSS ... 59 335.11 –4.51 ... 16,065
36.24 20.19 UGI UGI 6.0 dd 25.06 +0.46 .375 113.67 61.06 Walker&Dunlop WD 2.8 29 92.70 –1.72 .65 22.22 2.72 AN2 Therap ANTX ... dd 2.93 –0.07 ...
73.03 48.07 U-Haul UHAL ... 20 65.86 +0.73 ... 5.10 1.24 Wallbox WBX ... ... 1.44 –0.03 ... 46.15 29.47 APA APA 3.2 3 30.81 +0.40 .25 15,980
71.52 43.62 U-Haul N UHAL.B .3 20 64.15 +0.18 .05 61.07 45.36 Walmart WMT 1.4 31 60.12 +1.36.2075 19.79 10.27 ARKRestaurants ARKR 5.4 dd 13.80 –0.18.1875
16.85 13.26 UMH Prop UMH 5.0 dd 16.29 +0.43 .205 16.49 9.50 WarbyParker WRBY ... dd 12.15 –0.75 ... 9.65 2.55 ARS Pharm SPRY ... dd 8.69 –0.02 ... 15,895
69.97 31.97 WarriorMetCoal HCC .5 7 60.95 +3.41 .50 1056.34 564.00 ASML ASML .6 46 994.33 +3.391.6144 -67.43 -267.92 +91.95 +241.83 -188.26
60.59 41.43 Unitil UTL 3.3 19 52.27 +0.55 .425
26.94 18.48 USA Compression USAC 7.8 cc 26.82 +1.78 .525 171.49 126.12 WasteConnections WCN .7 56 166.80 +1.40 .285 12.02 10.35 A SPAC II ASCB ... 38 11.68 +0.54 ... 15,810
69.60 44.01 UsanaHealth USNA ... 15 48.58 +0.26 ... 209.78 148.64 WasteMgt WM 1.4 37 207.75 +1.96 .75 0.99 0.01 A SPAC II Rt ASCBR ... ... .07 ... ... 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
3.20 0.94 Waterdrop WDH ... 14 1.18 –0.10 ... 7.10 2.59 AST Space ASTS ... dd 3.01 –0.20 ...
48.47 13.79 US Cellular USM ... 56 35.37 –0.63 ...
363.80 231.90 Waters WAT ... 33 355.94 +9.90 ... 2.48 0.79 ATA Creativity AACG ... dd 1.57 +0.16 ...
54.48 33.96 US Foods USFD ... 26 52.64 +2.05 ... 52-Week Tick Div 52-Week Tick Div
433.19 284.05 Watsco WSO 2.4 30 401.08 +6.54 2.45 2.39 1.02 ATAI Life ATAI ... dd 2.10 –0.03 ...
124.11 78.08 US PhysTherapy USPH 1.7 78 104.89 +0.27 .44 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
219.52 153.25 WattsWater WTS .7 26 204.89 –1.09 .36 43.05 27.50 ATN Intl ATNI 2.9 dd 33.06 –0.65 .24
14.64 10.09 US Silica SLCA ... 6 11.76 +0.10 ... 218.88 143.52 AlnylamPharm ALNY ... dd 149.82 –2.79 ... 15.40 1.76 ArcutisBiotherap ARQT ... dd 11.15 –0.62 ...
90.71 29.51 Wayfair W ... dd 61.54 +1.42 ... 1.70 0.57 AVROBIO AVRO ... dd 1.31 –0.02 ...
7.43 4.17 UWM UWMC 6.0 dd 6.66 +0.09 .10 35.40 20.03 Alpha&Omega AOSL ... dd 23.94 +1.08 ... 10.13 3.16 Ardelyx ARDX ... dd 8.69 –0.65 ...
13.80 4.04 WeaveComms WEAV ... dd 12.08 –0.52 ... 5.43 1.89 AXT AXTI ... dd 4.58 +0.31 ...
82.14 29.22 Uber UBER ... 90 78.70 –2.33 ... 11.66 10.45 AlphaStarAcqn ALSA ... 35 11.28 +0.01 ... 20.65 16.95 AresCapital ARCC 9.4 8 20.51 +0.28 .48
53.39 31.03 WebsterFin WBS 3.3 10 48.69 +1.43 .40 8.05 3.87 AbCelleraBio ABCL ... dd 4.77 –0.28 ...
274.55 103.00 Ubiquiti UI 2.1 19 117.02 –1.09 .60 0.29 0.01 AlphaStarRt ALSAR ... ... .10 ... ... 550.76 327.73 argenx ARGX ... dd 387.80 –5.69 ...
86.67 58.75 WeisMarkets WMK 2.1 17 65.88 +1.64 .34 15.68 8.00 Abivax ABVX ... dd 14.10 +0.16 ...
27.87 12.38 UiPath PATH ... dd 23.66 +0.03 ... 6.40 1.11 Absci ABSI ... dd 5.02 –0.44 ... 4.82 1.62 AlphaTeknova TKNO ... dd 2.85 –0.01 ... 4.45 0.92 ArgoBlockchain ARBK ... dd 2.01 –0.32 ...
6.35 2.42 UltraparPart UGP 2.0 13 5.83 –0.16.0723 57.68 35.25 WellsFargo WFC 2.5 12 57.07 +2.01 .35 153.78 89.42 Alphabet A GOOGL ... 23 135.41 –1.73 ... 15.59 6.75 Arhaus ARHS .0 17 14.90 +1.80 .50
94.63 65.18 Welltower WELL 2.7 cc 92.00 –0.72 .61 4.66 3.43 AcaciaResearch ACTG ... dd 4.02 –0.04 ...
9.59 6.29 UnderArmour A UAA ... 9 8.44 –0.45 ... 75.73 42.83 AcademySports ASO .5 11 70.20 –4.96 .09 155.20 89.94 Alphabet C GOOG ... 23 136.29 –1.79 ... 164.00 46.50 Arm ARM ... cc 131.48 –10.14 ...
8.99 5.86 UnderArmour C UA ... 9 8.04 –0.46 ... 195.43 121.91 WescoIntl WCC 1.0 12 159.78 +7.71.4125 19.14 8.66 Alphatec ATEC ... dd 12.80 –0.62 ... 11.05 10.04 ArmadaAcqnI AACI ... dd 10.98 ... ...
90.17 64.11 WestFraserTimber WFG 1.5 dd 81.14 –0.49 .30 87.77 66.49 AcadiaHealthcare ACHC ... dd 81.81 –2.18 ...
9.34 5.63 Unifi UFI ... dd 5.87 +0.01 ... 17.01 6.33 Accolade ACCD ... dd 9.50 –0.46 ... 11.48 10.17 AlphaTimeAcqn ATMC ... 47 10.90 +0.04 ... 11.67 10.28 ArogoCapA AOGO ... 19 10.81 +0.01 ...
194.44 150.50 Unifirst UNF .8 28 169.41 –0.64 .33 415.73 309.43 WestPharmSvcs WST .2 46 358.95 +0.23 .20 0.20 0.06 AlphaTimeRt ATMCR ... ... .11 –0.05 ... 3.80 1.17 Arq ARQ ... dd 3.37 –0.03 ...
70.23 7.46 WestAllianceBcp WAL 2.5 9 60.31 +3.91 .37 4.30 2.36 Accuray ARAY ... dd 2.90 +0.29 ...
55.99 46.16 Unilever UL 3.7 18 49.18 +0.03.4582 1.76 0.74 AchillesTherap ACHL ... dd 1.23 –0.13 ... 10.93 10.14 AlphaVestAcqn ATMV ... 48 10.90 +0.05 ... 26.64 12.52 ArrayTech ARRY ... 24 12.81 –1.33 ...
258.66 183.69 UnionPacific UNP 2.1 24 250.96 –2.02 1.30 35.04 23.79 WesternMidstrm WES 6.8 13 34.01 –0.32 .575 0.20 0.05 AlphaVestAcqnRt ATMVR ... ... .08 –0.02 ... 25.95 18.37 ArriVentBio AVBP ... ... 19.61 –1.33 ...
14.19 10.07 WesternUnion WU 6.7 8 14.04 +0.55 .235 11.12 0.59 AclarisTherap ACRS ... dd 1.41 +0.17 ...
8.12 2.60 Unisys UIS ... dd 5.35 +0.30 ... 39.27 6.40 AlpineImmune ALPN ... dd 35.93 –0.07 ... 29.66 16.38 ArrowFinancial AROW 4.3 14 24.90 +0.94 .27
145.98 102.64 Westlake WLK 1.4 38 141.68 +4.30 .50 24.20 8.98 AcordaTherap ACOR ... dd 12.79 –1.41 ...
8.97 6.71 UnitedMicro UMC 5.4 11 8.21 +0.40 .586 92.92 57.59 AltairEngg ALTR ... dd 82.47 –3.21 ... 42.48 20.67 ArrowheadPharm ARWR ... dd 33.45 –2.63 ...
45.98 26.84 WestRock WRK 2.7 dd 45.56 +0.54.3025 23.16 3.19 AcrivonTherap ACRV ... dd 4.95 –0.75 ...
29.12 11.38 UnitedNatFoods UNFI ... dd 11.76 –3.62 ... 11.86 10.16 AltEnergyA AEAE ... 71 11.15 +0.05 ... 8.08 3.57 Arteris AIP ... dd 7.13 –0.26 ...
11.31 1.81 AcumenPharm ABOS ... dd 4.37 –0.27 ...
14.20 8.91 Westwood WHG 5.0 9 12.00 –0.05 .15 11.36 0.29 AlternusCleanEner ALCE ... 3 .42 +0.04 ... 58.41 33.84 ArtesianRscs A ARTNA 3.2 23 36.36 +1.83.2897
197.80 133.68 UPS B UPS 4.2 20 153.96 +5.90 1.63 4.38 1.10 Adagene ADAG ... dd 2.82 –0.46 ...
35.42 27.65 Weyerhaeuser WY 2.3 30 34.84 –0.07 .20 14.84 2.09 Altimmune ALT ... dd 10.39 –1.70 ... 53.08 13.57 Arvinas ARVN ... dd 47.04 –0.26 ...
61.76 40.87 UtdParks&Resorts PRKS ... 14 52.54 –0.91 ... 2.05 0.42 Adaptimmune ADAP ... dd 1.75 +0.16 ...
52.76 38.37 WheatonPrecMtls WPM 1.3 38 44.71 +2.74 .15 6.79 2.38 AltisourcePortf ASPS ... dd 2.81 –0.07 ... 161.00 64.33 AscendisPharma ASND ... dd 146.62 –5.85 ...
732.37 325.15 UnitedRentals URI .9 19 676.14 –24.45 1.63 9.08 2.61 AdaptiveBiotech ADPT ... dd 3.65 –0.38 ...
10.50 0.98 WheelsUp UP ... dd 2.42 –0.49 ... 18.00 6.70 Alvotech ALVO ... dd 15.60 –0.16 ... 11.19 7.20 AscentIndustries ACNT ... dd 10.33 –0.40 ...
45.85 27.27 US Bancorp USB 4.5 13 43.26 +1.84 .49 114.97 77.30 AddusHomeCare ADUS ... 27 102.25 +8.39 ...
160.62 98.40 Whirlpool WHR 6.4 13 109.33 +2.52 1.75 27.77 14.05 AmalgamFin AMAL 1.7 8 24.00 +0.80 .10 247.96 161.32 AspenTech AZPN ... dd 206.04 +6.17 ...
50.20 20.40 US Steel X .4 14 47.44 +0.04 .05 13.39 7.12 Adeia ADEA 1.8 19 11.41 –0.12 .05
1809.67 1312.00 WhiteMtnIns WTM .1 9 1722.93 –17.27 1.00 1.74 0.65 Amarin AMRN ... dd .92 –0.14 ... 20.04 7.69 AssemblyBiosci ASMB ... dd 13.58 +0.11 ...
554.70 445.68 UnitedHealth UNH 1.6 20 476.57 –12.96 1.88 8.15 1.10 AdicetBio ACET ... dd 2.43 +0.03 ...
13.12 8.21 WhitestoneREIT WSR 4.1 16 12.17 –0.05.0413 180.14 88.12 Amazon.com AMZN ... 61 175.35 –2.87 ... 56.33 28.97 AstecIndustries ASTE 1.2 28 41.78 +1.08 .13
50.08 22.20 UnitySoftware U ... dd 27.06 –1.85 ... 19.30 7.11 AdlaiNortye ANL ... ... 7.65 –0.25 ...
11.75 2.81 WideOpenWest WOW ... dd 3.47 –0.39 ... 89.19 43.59 Ambarella AMBA ... dd 56.13 –1.03 ... 76.56 60.47 AstraZeneca AZN 2.1 35 66.50 +1.90 .985
67.80 44.40 Universal UVV 6.3 10 50.65 +2.44 .80 638.25 323.29 Adobe ADBE ... 47 551.69 –19.24 ...
40.23 28.84 Wiley A WLY 3.8 dd 36.98 +3.76 .35 99.75 78.38 Amdocs DOX 2.1 20 92.74 +1.56 .479 15.65 4.26 AstriaTherap ATXS ... dd 14.35 –0.63 ...
50.16 37.00 UniversalHealth UHT 7.5 35 38.86 –0.12 .725 126.38 81.86 AdvEnergyInds AEIS .4 30 103.56 +0.01 .10
22.44 12.13 Astronics ATRO ... dd 18.15 –0.96 ...
40.40 28.35 Wiley B WLYB 3.8 dd 36.69 +3.44 .35 96.44 69.36 Amedisys AMED ... dd 93.12 –0.22 ...
179.41 113.69 UniversalHealthB UHS .5 17 175.69 +4.57 .20 227.30 78.52 AdvMicroDevices AMD ... cc 207.39 +4.75 ...
37.45 27.80 Williams WMB 5.3 14 36.05 –0.35 .475 19.08 10.86 AmerAirlines AAL ... 13 14.68 –0.98 ... 18.83 11.63 AstroNova ALOT ... 39 17.38 +0.16 ...
21.70 11.16 UnivInsurance UVE 3.2 9 20.26 +0.21 .16 4.39 1.13 AdvantageSolns ADV ... dd 3.85 –0.01 ...
249.04 109.44 Williams-Sonoma WSM 1.5 16 234.90 –1.74 .90 96.05 69.38 AEP AEP 4.2 19 83.84 –1.15 .88 3.24 0.20 AtaraBiotherap ATRA ... dd .76 –0.01 ...
16.37 5.63 UnvlTechInst UTI ... 56 14.52 –0.51 ... 8.99 1.16 Aemetis AMTX ... dd 3.36 –0.16 ...
75.42 53.94 Winnebago WGO 1.9 12 64.31 –7.66 .31 50.76 25.26 AmerNatlBkshrs AMNB 2.5 19 47.29 +2.74 .30 5.19 2.77 AteaPharm AVIR ... dd 4.00 –0.45 ...
52.15 36.27 UnumGroup UNM 2.9 8 50.40 +1.10 .365 27.20 9.41 AerovateTherap AVTE ... dd 26.52 +2.69 ...
6.45 4.32 Wipro WIT .3 24 6.17 –0.04.0107 10.35 6.97 AmOutdoorBrands AOUT ... dd 8.68 +0.77 ... 4.30 1.33 AthiraPharma ATHA ... dd 3.58 –0.36 ...
18.79 13.13 UrbanEdgeProp UE 4.0 8 17.12 +0.05 .17 184.61 87.33 AeroVironment AVAV ... dd 166.23 +37.50 ... 50.15 33.95 AtlantaBravesC BATRK ... dd 38.46 –0.43 ...
8.49 5.53 WisdomTree WT 1.4 15 8.42 +0.38 .03 12.23 10.33 AetheriumAcqnA GMFI ... 92 11.30 +0.32 ... 16.39 3.76 AmerPubEduc APEI ... dd 12.29 +1.54 ...
19.21 11.17 UtzBrands UTZ 1.3 dd 17.84 +0.32 .057 70.42 23.54 Wolfspeed WOLF ... dd 27.98 –0.45 ... 54.94 36.78 AtlantaBravesA BATRA ... dd 41.28 –0.53 ...
52.48 8.80 AffirmHldgs AFRM ... dd 38.76 +0.75 ... 13.72 9.38 AmerSoftware AMSWA 3.9 38 11.14 +0.01 .11
17.85 7.21 WolverineWwide WWW 4.0 dd 10.00 –0.15 .10 17.37 3.63 AmerSupercond AMSC ... dd 14.96 +1.25 ... 2.88 1.49 AtlanticAmerican AAME .7 23 2.83 +0.16 .02
V 11.39 0.30 AfricanAgriculture AAGR ... dd .36 –0.31 ...
25.84 19.02 WoodsideEnergy WDS 6.9 23 19.72 –0.45 .60 104.28 47.98 AmericanWoodmark AMWD ... 13 96.04 –6.23 ... 11.40 9.79 AtlCoastal II A ACAB ... 77 10.72 +0.03 ...
22.48 9.66 Afya AFYA ... 27 20.71 +0.13 ... 29.81 16.35 AtlanticaSust AY 9.7 45 18.44 +0.62.445
23.58 12.85 VF VFC 2.2 dd 16.10 –0.14 .09 34.30 24.46 WooriFinl WF 1.9 4 33.49 –0.481.4465 91.61 62.00 Agilysys AGYS ... 24 76.53 –0.88 ... 127.96 57.61 AmerCarMart CRMT ... dd 66.50 –1.19 ...
3.52 0.71 ViaOptronics VIAO ... dd .87 –0.01 ... 116.00 80.50 Workiva WK ... dd 85.59 +0.09 ... 53.99 28.33 AmerisBancorp ABCB 1.3 12 47.50 +1.70 .15 43.70 21.65 Atlanticus ATLC ... 7 30.75 –2.25 ...
35.50 19.80 AgiosPharm AGIO ... dd 31.29 –0.98 ... 258.69 128.02 Atlassian TEAM ... dd 208.80 –0.40 ...
34.05 26.63 VICI Prop VICI 5.7 12 29.12 –0.46 .415 26.40 17.69 WorldKinect WKC 2.3 29 24.62 +0.01 .14 4.22 2.37 Agora API ... dd 2.63 –0.12 ... 3.95 2.41 AmeriServFin ASRV 4.6 dd 2.62 –0.04 .03
11.28 4.82 Vizio VZIO ... 78 10.99 –0.03 ... 67.23 31.91 WorthingtonEnts WOR 1.0 11 63.27 +0.25 .32 329.72 211.71 Amgen AMGN 3.3 22 273.75 –6.58 2.25 27.50 14.80 AtourLifestyle ATAT .7 42 18.16 –1.33 .15
10.16 10.05 Agric&NatSolnsA ANSC ... ... 10.16 +0.02 ... 1.49 0.10 Atreca BCEL ... dd .22 –0.05 ...
10.65 5.90 VOC Energy VOC 13.9 6 6.13 –0.28 .19 35.09 21.00 WorthingtonSteel WS 2.0 ... 32.00 +0.93 .16 10.20 10.15 AimeiHlthTech AFJK ... ... 10.18 ... ... 14.57 9.70 AmicusTherap FOLD ... dd 12.30 –0.99 ...
37.00 17.58 AmkorTech AMKR .9 24 34.90 +1.83.0787 59.61 29.68 AtriCure ATRC ... dd 36.15 –0.13 ...
9.59 3.24 VTEX VTEX ... ... 9.21 +0.90 ... 81.73 63.69 WyndhamHtls WH 2.0 22 76.08 +0.11 .38 0.23 0.15 AimeiHlthTechRt AFJKR ... ... .23 +0.01 ...
6.30 1.24 AmnealPharm AMRX ... 85 5.39 –0.08 ... 670.00 274.98 Atrion ATRI 2.0 40 440.80 +81.93 2.20
56.75 36.45 V2X VVX ... dd 44.92 +6.22 ... 28.62 12.53 AirT AIRT ... dd 17.46 –0.42 ...
XYZ 67.66 35.17 AmphastarPharm AMPH ... 18 45.67 –0.55 ... 24.40 18.80 AuburnNatlBncp AUBN 5.3 52 20.48 –0.60 .27
5.11 3.51 VaalcoEnergy EGY 5.8 14 4.29 –0.15.0625 24.96 11.76 AirTransportSvcs ATSG ... 18 13.15 +1.03 ...
11.98 3.37 AmtechSystems ASYS ... dd 4.87 +0.04 ... 16.14 7.14 AudioCodes AUDC 2.6 49 13.70 –0.09 .18
258.13 204.88 VailResorts MTN 3.7 42 223.76 –6.79 2.06 5.00 2.65 XFinancial XYF .0 1 4.20 –0.05 .30 168.19 103.55 Airbnb ABNB ... 23 164.91 +5.19 ...
38.32 2.70 AmylyxPharm AMLX ... 5 3.36 –15.35 ... 13.50 5.99 AuraBiosciences AURA ... dd 8.38 –0.86 ...
78.92 54.13 Valaris VAL ... 6 66.02 +0.34 ... 129.43 29.02 XPO XPO ... 77 122.43 +1.83 ... 9.94 4.29 AirSculptTech AIRS ... dd 6.05 –0.23 ... 11.64 10.41 AuraFatProjectsA AFAR ... 59 11.10 +0.07 ...
16.64 12.22 Vale VALE10.0 7 13.19 –0.30.5519 13.36 1.34 AirshipAI AISP ... dd 6.80 +5.31 ... 202.77 154.99 AnalogDevices ADI 1.9 35 195.94 –0.22 .92
15.84 10.90 XeniaHotels XHR 2.7 90 15.47 –0.02 .12 12.43 5.35 AuriniaPharm AUPH ... dd 5.43 –0.35 ...
3.74 1.95 ValensSemicon VLN ... dd 2.19 +0.03 ... 129.17 70.65 AkamaiTech AKAM ... 32 111.00 +0.76 ... 27.50 13.36 AnaptysBio ANAB ... dd 24.80 –0.65 ...
6.51 1.92 XinyuanRealEst XIN ... dd 2.70 ... ... 4.81 1.14 AuroraInnov AUR ... dd 2.20 –0.36 ...
152.20 104.18 ValeroEnergy VLO 2.9 6 149.53 +6.25 1.07 58.38 11.25 AkeroTherap AKRO ... dd 31.18 +3.37 ... 10.45 4.80 AnavexLifeSci AVXL ... dd 5.45 +0.17 ...
23.62 7.51 XPeng XPEV ... dd 9.52 –0.43 ... 279.53 188.38 Autodesk ADSK ... 60 251.86 –12.88 ...
22.14 10.80 Valhi VHI 2.2 dd 14.70 +1.25 .08 10.59 3.04 Akoya AKYA ... dd 5.00 –1.03 ... 58.84 35.69 Andersons ANDE 1.4 19 54.86 –0.60 .19
13.62 7.91 Xperi XPER ... dd 10.93 –0.35 ... 3.49 0.63 Anghami ANGH ... dd .96 +0.03 ... 7.45 1.61 AutolusTherap AUTL ... dd 5.71 –0.52 ...
324.50 188.63 ValmontInds VMI 1.1 30 215.01 +3.98 .60 33.58 8.30 XponentialFit XPOF ... dd 13.77 –0.28 ... 77.29 44.92 Alarm.com ALRM ... 59 74.96 –0.57 ... 256.84 201.46 ADP ADP 2.3 28 242.40 –7.29 1.40
44.35 29.15 Valvoline VVV ... dd 43.63 +0.46 ... 11.85 10.17 AlchemyInv1 A ALCY ... 82 10.57 +0.01 ... 4.18 1.55 Angi ANGI ... dd 2.69 –0.23 ...
128.58 87.59 Xylem XYL 1.1 47 127.08 –0.86 .36 12.70 5.27 AngioDynamics ANGO ... dd 5.67 +0.17 ... 17.24 8.00 AvadelPharm AVDL ... dd 16.35 +2.63 ...
13.43 9.80 VectorGroup VGR 7.2 10 11.13 +0.30 .20 54.16 34.70 Yeti YETI ... 20 38.83 –2.45 ... 9.07 3.66 Alector ALEC ... dd 6.64 –0.77 ... 3.00 0.85 AveannaHealth AVAH ... dd 2.35 –0.04 ...
10.25 6.35 AlgomaSteel ASTL 2.5 87 8.04 +0.15 .05 29.26 16.54 AnikaTherap ANIK ... dd 25.42 +0.28 ...
233.00 160.21 VeevaSystems VEEV ... 71 227.79 +5.78 ... 19.10 8.73 YPF YPF ... 8 17.65 –0.18 ... 8.61 3.89 AvePoint AVPT ... dd 7.89 –0.12 ...
31.00 22.58 Alico ALCO .7 4 27.14 –0.63 .05 6.67 1.57 Annexon ANNX ... dd 4.97 –1.00 ...
2.79 0.19 Velo3D VLD ... dd .36 +0.11 ... 6.44 3.41 Yalla YALA ... 9 5.40 +0.22 ... 37.84 21.15 AviatNetworks AVNW ... 28 35.57 +0.68 ...
413.20 176.34 AlignTech ALGN ... 54 312.49 +12.48 ... 94.75 19.83 ApellisPharm APLS ... dd 61.63 –2.26 ...
18.05 7.81 VelocityFinl VEL ... 11 16.73 +0.51 ... 1.55 0.45 YatsenHolding YSG ... dd .52 +0.01 ... 22.46 4.83 AvidityBio RNA ... dd 21.46 +1.35 ...
9.20 4.88 AlignmentHlthcr ALHC ... dd 5.39 –0.25 ... 57.97 36.62 ApogeeEnt APOG 1.8 12 56.51 –0.58 .25
50.99 39.33 Ventas VTR 4.1 dd 44.42 +0.42 .45 48.99 26.53 Yelp YELP ... 28 38.29 –0.14 ... 13.56 6.88 AvidXchange AVDX ... dd 13.01 –0.11 ...
4.38 1.30 AlimeraSciences ALIM ... dd 3.97 +0.26 ... 68.50 14.19 ApogeeTherap APGE ... ... 67.54 +30.30 ...
90.55 65.51 Veralto VLTO .4 26 89.26 +2.50 .09 14.35 5.29 Yext YEXT ... dd 6.05 +0.07 ... 244.95 99.60 AvisBudget CAR .0 3 111.96 +1.4410.00
26.75 10.93 AlkamiTech ALKT ... dd 23.76 –1.04 ... 49.00 0.54 ApollomicsA APLM ... ... .75 –0.02 ...
18.98 13.07 VerisResidential VRE 1.4 dd 15.15 +0.30.0525 5.80 1.80 YirenDigital YRD ... 2 4.87 –0.65 ... 51.65 39.64 Avnet AVT 2.7 6 46.58 –0.99 .31
32.88 20.46 Alkermes ALKS ... 14 29.25 –0.99 ... 246.12 113.58 AppFolio APPF ... cc 227.73 –14.40 ...
43.21 30.14 Verizon VZ 6.7 14 39.51 –0.69 .665 9.55 2.94 Youdao DAO ... dd 3.95 –0.41 ... 54.26 30.87 Appian APPN ... dd 36.63 +0.87 ...
2.10 1.05 Aware AWRE ... dd 1.83 –0.14 ...
15.98 9.82 VermilionEnergy VET 2.4 dd 11.00 –0.41.0888 143.25 115.53 Yum!Brands YUM 1.9 25 139.56 +2.14 .67 5.73 1.00 Allakos ALLK ... dd 1.43 –0.21 ... 201.00 105.28 AxcelisTechs ACLS ... 15 111.91 –4.36 ...
1.84 0.64 Allbirds BIRD ... dd .87 –0.04 ... 199.62 147.61 Apple AAPL .6 27 170.73 –8.93 .24
2.35 0.51 VerticalAerospace EVTL ... dd .67 –0.02 ... 64.70 33.55 YumChina YUMC 1.6 21 41.25 –1.70 .16 325.63 175.37 AxonEnterprise AXON ... cc 312.79 –1.46 ...
130.93 54.87 AllegiantTravel ALGT 3.3 11 72.49 +0.51 .60 11.62 1.74 AppliedDigital APLD ... dd 4.59 +0.38 ...
74.41 11.95 Vertiv VRT .0 59 69.37 –1.20 .025 25.12 6.39 ZimIntShipping ZIM 58.2 dd 10.99 –1.026.40 69.68 47.59 Axonics AXNX ... dd 67.63 –0.10 ...
53.05 24.66 AllegroMicro ALGM ... 27 31.18 –1.30 ... 214.26 109.00 ApplMaterials AMAT .6 24 205.56 –4.69 .32
22.37 13.83 Vestis VSTS .8 ... 18.64 –0.07 .035 21.91 15.00 ZKH ZKH ... dd 17.61 –2.03 ... 98.40 53.71 AxsomeTherap AXSM ... dd 73.92 –8.50 ...
24.30 17.05 AllianceResource ARLP14.1 4 19.91 +1.10 .70 24.75 1.60 AppliedOptoelec AAOI ... dd 14.76 –0.65 ...
38.10 17.10 Viad VVI ... dd 36.68 –0.35 ... 30.05 15.90 ZTO Express ZTO .0 14 20.14 –0.17 .37 69.16 36.01 Azenta AZTA ... dd 65.39 –1.91 ...
56.26 45.15 AlliantEnergy LNT 3.9 18 49.34 +1.61 .48 9.39 0.76 AppliedTherap APLT ... dd 6.93 –0.14 ...
2.49 0.20 VicariousSurgical RBOT ... dd .36 –0.01 ... 10.86 10.19 ZalatorisAcqn TCOA ... 63 10.82 +0.01 ... 65.67 11.69 AppLovin APP ... 63 63.42 +1.16 ... B
34.97 13.62 Victoria'sSecret VSCO ... 13 18.12 –10.32 ... 40.59 25.12 Allient ALNT .4 22 33.10 +4.03 .03
2.10 0.96 ZeppHealth ZEPP ... dd 1.16 –0.07 ... 11.35 9.86 APxAcqnI A APXI ... 24 11.34 –0.01 ... 15.51 9.40 BCB Bancorp BCBP 6.1 6 10.42 –0.01 .16
6.89 2.23 AllogeneTherap ALLO ... dd 5.26 +0.32 ...
7.45 1.00 VinceHolding VNCE ... 2 3.29 +0.18 ... 10.95 7.24 ZetaGlobal ZETA ... dd 10.20 –0.13 ... 7.97 1.41 ApyxMedical APYX ... dd 1.92 –0.16 ... 8.67 3.98 BGC BGC .5 cc 8.50 +1.40 .01
3.34 1.19 Allot ALLT ... dd 2.15 +0.03 ...
20.19 13.80 Vipshop VIPS 2.4 8 17.28 –2.08 .41 4.80 1.36 ZeviaPBC ZVIA ... dd 1.41 –0.08 ... 5.75 0.72 AquestiveTherap AQST ... dd 4.88 +0.64 ... 38.77 21.64 BJsRestaurants BJRI ... 45 36.97 +1.49 ...
6.12 0.62 AlloVir ALVR ... dd .73 –0.02 ...
6.17 1.38 VirginGalactic SPCE ... dd 1.72 +0.03 ... 1.37 0.65 Zhihu ZH ... dd .75 –0.04 ... 3.15 1.69 ArbutusBiopharma ABUS ... dd 2.73 –0.06 ... 97.12 62.42 BOK Fin BOKF 2.5 11 87.17 +2.33 .55
53.60 3.50 VirnetX VHC .0 dd 5.85 –0.1920.00 149.25 102.00 ZimmerBiomet ZBH .8 26 126.74 +2.73 .24 149.89 82.18 ArcBest ARCB .4 27 136.72 –5.43 .12 30.53 17.33 BRP Group BRP ... dd 29.31 +1.37 ...
253.63 165.00 VirtusInvtPtrs VRTS 3.0 14 250.52 +14.36 1.90 19.29 10.27 ZipRecruiter ZIP ... 27 12.46 –0.22 ... Nasdaq Issues includes stocks traded on the Nasdaq 75.10 26.32 Arcellx ACLX ... dd 72.35 +5.53 ... 92.74 57.15 BRP DOOO .8 7 62.74 –3.25.1334
286.13 208.76 Visa V .7 33 280.04 –3.12 .52 201.92 151.03 Zoetis ZTS .9 36 182.16 –8.66 .432 Global Select and Nasdaq Global Market tiers. They are 90.65 62.10 ArchCapital ACGL ... 8 87.61 +0.44 ... 60.72 14.46 B RileyFin RILY 15.1 dd 23.25 +6.41 .50
30.10 20.57 Vishay VSH 1.7 10 23.22 +0.73 .10 eligible for inclusion on the basis of SEC-approved
12.12 7.05 Zuora ZUO ... dd 9.19 +1.18 ... market value of publicly-held shares, trading volume, 1.89 0.46 Arcimoto FUV ... dd .50 –0.04 ... 12.65 3.50 Backblaze BLZE ... dd 11.57 +0.33 ...
44.00 27.94 VishayPrecision VPG ... 19 35.14 –0.21 ... 33.95 19.29 ZurnElkayWater ZWS 1.0 50 31.97 –0.10 .08 price and number of market-makers. 43.81 14.21 ArcturusTherap ARCT ... dd 36.86 –2.87 ... 160.53 96.58 Baidu BIDU ... 12 98.27 –5.75 ...
42 BARRON’S March 11, 2024

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
9.50 0.59 Baijiayun RTC ... dd .89 +0.09 ... 69.35 45.27 CSG Systems CSGS 2.3 24 53.08 –1.44 .30 1.63 0.71 CloverHealth CLOV ... dd .81 –0.05 ... 19.52 9.67 DayOneBiopharm DAWN ... dd 15.56 –1.90 ... 20.19 11.97 EuropeanWax EWCZ ... 85 14.51 +0.36 ...
37.58 26.12 BakerHughes BKR 2.7 16 30.60 +0.64 .21 59.85 4.91 CSP CSPI .6 41 35.76 –20.14 .02 48.50 29.91 CoastalFinl CCB ... 12 37.69 –0.55 ... 17.73 9.90 DecipheraPharm DCPH ... dd 16.94 –0.42 ... 35.70 18.50 Everbridge EVBG ... dd 35.01 –0.56 ...
159.52 110.74 Balchem BCPC .5 47 156.42 –0.51 .79 241.61 130.06 CSW Industrials CSWI .3 38 233.72 +5.32 .19 961.91 495.11 CocaColaCon COKE .2 20 825.07 –4.9316.00 12.46 5.53 DefinitiveHlthcr DH ... dd 8.48 –0.49 ... 13.47 7.63 EverCommerce EVCM ... dd 9.54 –0.34 ...
5.70 2.87 BallardPower BLDP ... dd 3.31 +0.09 ... 40.12 27.60 CSX CSX 1.3 21 38.19 –0.04 .12 71.74 53.53 Coca-ColaEuro CCEP 2.8 18 70.59 +1.19 1.23 14.10 4.05 DenaliCapAcqnA DECA ... dd 5.38 –0.34 ... 11.47 10.42 EvergreenA EVGR ... 39 11.30 ... ...
104.00 68.44 BancFirst BANF 1.9 14 89.19 +2.05 .43 21.84 10.66 CVB Fin CVBF 4.5 11 17.70 +0.91 .20 4.91 1.45 Codexis CDXS ... dd 3.47 –1.14 ... 33.31 15.45 DenaliTherap DNLI ... dd 20.93 +0.07 ... 63.93 46.92 Evergy EVRG 5.0 16 51.56 +2.44.6425
20.99 9.34 Bandwidth BAND ... dd 20.01 –0.68 ... 26.35 5.88 CabalettaBio CABA ... dd 22.47 –1.50 ... 25.88 16.00 CodorusValleyBncp CVLY 3.0 9 22.97 +0.21 .17 43.24 26.27 DentsplySirona XRAY 1.7 dd 33.75 +0.48 .14 20.34 5.36 EverQuote EVER ... dd 16.48 +0.19 ...
52.36 30.72 BankOZK OZK 3.4 8 44.17 +0.82 .38 12.52 10.41 CactusAcqn1 A CCTS ... 64 10.93 –0.42 ... 13.50 3.67 CogentBio COGT ... dd 6.59 –0.64 ... 93.57 69.59 DescartesSystems DSGX ... 69 91.47 +2.78 ... 10.50 5.90 EverspinTech MRAM ... 19 8.10 +0.10 ...
28.99 19.53 Bank7 BSVN 3.0 9 28.06 +0.80 .21 320.78 192.78 CadenceDesign CDNS ... 81 308.60 –6.64 ... 86.00 57.35 CogentComm CCOI 5.6 3 67.83 –10.72 .965 8.47 1.94 DesignTherap DSGN ... dd 2.88 +0.02 ... 8.16 1.88 EVgo EVGO ... dd 2.90 +0.04 ...
11.12 7.17 BankFinancial BFIN 4.0 14 10.07 +0.17 .10 60.27 38.33 CaesarsEnt CZR ... 12 42.13 –0.83 ... 59.51 34.28 Cognex CGNX .7 63 40.94 +1.11 .075 6.32 3.64 DestinationXL DXLG ... 8 3.81 –0.16 ... 15.43 7.07 Evolus EOLS ... dd 14.07 –0.84 ...
30.83 21.22 BankwellFinl BWFG 3.1 5 25.45 +0.23 .20 5.71 3.50 Caesarstone CSTE ... dd 4.35 +0.05 ... 3.49 0.90 CognitionTherap CGTX ... dd 1.97 –0.03 ... 2.91 2.12 Deswell DSWL 9.1 6 2.19 +0.02 .10 13.49 6.89 Evotec EVO ... dd 7.10 –0.43 ...
58.15 39.31 Banner BANR 4.1 9 46.58 +1.59 .48 61.91 42.25 Cal-MaineFoods CALM .8 6 57.84 +2.04 .116 80.09 56.45 CognizantTech CTSH 1.6 18 76.77 –1.84 .30 139.55 74.75 DexCom DXCM ... cc 135.25 +13.51 ... 3.92 1.33 Exagen XGN ... dd 1.90 –0.12 ...
16.57 0.67 BanzaiIntl BNZI ... dd .74 +0.03 ... 96.83 2.29 CalAmp CAMP ... dd 2.51 –0.19 ... 7.78 2.95 CognyteSoftware CGNT ... dd 7.30 –0.27 ... 188.28 144.35 DiamondHillInvt DHIL 4.0 11 151.53 –0.27 1.50 11.10 10.19 ExcelFinAcqnA XFIN ... dd 10.85 –0.01 ...
6.10 1.90 Baozun BZUN ... dd 2.44 +0.08 ... 38.97 21.42 CalavoGrowers CVGW 1.4 dd 29.30 +0.40 .10 8.65 1.43 CoherusBioSci CHRS ... dd 2.39 –0.02 ... 185.78 119.01 DiamondbkEner FANG 2.0 11 183.29 –1.88 2.18 24.34 16.35 Exelixis EXEL ... 34 22.21 –0.03 ...
5.10 1.64 BarinthusBio BRNS ... dd 2.60 –0.35 ... 27.82 12.78 CaliforniaBncp CALB ... 9 24.14 +1.24 ... 43.99 29.07 Cohu COHU ... 55 31.95 –0.86 ... 42.95 21.25 DigiIntl DGII ... 69 29.72 –0.14 ... 43.71 33.35 Exelon EXC 4.1 16 36.96 +1.47 .38
130.00 76.22 BarrettBus BBSI 1.0 16 118.78 –0.82 .30 29.30 15.25 CalliditasTherap CALT ... dd 22.10 +0.67 ... 270.55 46.43 CoinbaseGlbl COIN ... cc 256.62 +50.85 ... 43.43 16.13 Digimarc DMRC ... dd 30.84 –4.43 ... 35.94 25.17 ExlService EXLS ... 30 32.79 +1.04 ...
19.35 13.30 BassettFurniture BSET 4.7 dd 15.48 –0.19 .18 19.91 11.91 CalumetSpecialty CLMT ... 19 15.19 –0.51 ... 38.40 0.71 CollectiveAudience CAUD ... dd .95 –0.14 ... 58.72 12.34 DigitalWorldA DWAC ... dd 39.98 +1.04 ... 25.39 10.57 eXpWorld EXPI 1.5 dd 12.91 +0.11 .05
24.31 15.02 BayCom BCML 2.0 9 20.31 +0.49 .10 20.27 3.53 CambiumNtwks CMBM ... dd 4.47 +0.20 ... 38.39 20.83 CollegiumPharm COLL ... 32 37.60 +0.47 ... 29.41 15.57 DimeCommBcshs DCOM 5.4 8 18.64 –0.14 .25 160.05 87.94 Expedia EXPE ... 25 135.78 –1.06 ...
10.14 10.01 BayviewAcqnA BAYA ... ... 10.07 –0.03 ... 39.70 26.52 CamdenNational CAC 5.1 11 32.92 +1.57 .42 131.05 83.38 ColliersIntl CIGI .3 89 117.82 +0.08 .15 97.37 60.00 Diodes DIOD ... 14 70.30 +0.28 ... 8.69 1.52 Expensify EXFY ... dd 2.18 –0.31 ...
0.15 0.10 BayviewAcqnRt BAYAR ... ... .14 ... ... 89.65 24.81 Camtek CAMT ... 48 77.34 –4.40 ... 9.15 4.22 Collplant CLGN ... dd 4.90 –0.31 ... 77.60 18.25 DiscMedicine IRON ... dd 65.29 –10.03 ... 104.78 64.61 Exponent EXPO 1.4 41 80.63 –0.10 .28
90.62 54.60 BeaconRoofing BECN ... dd 86.85 +0.96 ... 3.50 1.13 Canaan CAN ... dd 1.56 –0.07 ... 13.58 8.59 ColonyBankcorp CBAN 4.1 9 11.11 –0.04.1125 12.35 10.15 DistokenAcqn DIST ... 88 10.65 +0.01 ... 9.12 4.17 Exscientia EXAI ... dd 5.30 –1.22 ...
49.50 16.95 BeamTherap BEAM ... dd 37.53 –2.31 ... 45.29 17.82 CanadianSolar CSIQ ... 4 20.63 –0.34 ... 28.12 17.18 ColumbiaBanking COLB 7.4 12 19.51 +1.64 .36 0.49 0.08 DistokenAcqnRt DISTR ... ... .08 ... ... 32.73 11.61 ExtremeNetworks EXTR ... 20 11.85 –0.61 ...
1.28 0.60 BeasleyBroadcast BBGI ... dd .82 –0.05 ... 1.95 0.66 CandelTherap CADL ... dd 1.57 –0.13 ... 20.46 14.11 ColumbiaFinl CLBK ... 47 16.53 +0.31 ... 35.61 18.20 DistributionSoln DSGR ... dd 30.65 –0.35 ... 30.99 2.21 EyePointPharm EYPT ... dd 24.40 –3.60 ...
272.49 132.95 BeiGene BGNE ... dd 158.52 –6.50 ... 21.40 2.81 CanopyGrowth CGC ... dd 3.05 –0.16 ... 91.63 66.01 ColumbiaSportswr COLM 1.5 20 80.69 –0.51 .30 3.96 0.80 DiversifiedHlthcr DHC 1.4 dd 2.79 –0.43 .01 11.05 7.70 Ezcorp EZPW ... 18 10.60 +0.37 ...
78.77 31.15 BelFuse A BELFA .4 13 66.50 +4.15 .06 8.29 5.12 Cantaloupe CTLP ... 33 6.40 –0.13 ... 44.08 30.29 ColumbusMcKinn CMCO .7 25 42.44 +0.21 .07 1.36 0.46 DixieGroup DXYN ... dd .60 +0.07 ... F
74.75 30.11 BelFuse B BELFB .5 10 56.83 +3.03 .07 30.25 14.27 CanterburyPark CPHC 1.1 12 26.00 –0.32 .07 47.46 34.63 Comcast A CMCSA 2.9 11 42.58 –0.22 .31 24.22 9.04 dLocal DLO ... 35 16.99 +0.25 ...
55.37 37.21 BentleySystems BSY .5 49 49.40 –1.76 .06 25.00 15.00 CapitalBancorp CBNK 1.5 8 20.34 +0.34 .08 59.68 40.91 CommerceBcshrs CBSH 2.0 14 52.67 +0.75 .27 56.41 29.40 Docebo DCBO ... cc 52.09 –1.75 ... 26.52 10.30 FARO Tech FARO ... dd 21.71 –0.30 ...
9.24 6.22 Berry(bry) BRY 6.8 15 7.02 –0.18 .14 34.16 26.12 CapitalCityBank CCBG 3.0 9 28.29 +0.10 .21 11.96 5.48 CommVehicle CVGI ... 4 6.20 –0.50 ... 64.76 38.11 DocuSign DOCU ... cc 55.97 +1.39 ... 199.49 127.05 F5 FFIV ... 25 192.93 +2.96 ...
62.91 0.34 BetterHome&Fin BETR ... dd .48 –0.03 ... 18.85 11.93 CapitalProduct CPLP 3.4 8 17.45 +0.16 .15 7.02 0.89 CommScope COMM ... dd 1.25 +0.12 ... 161.10 102.77 DollarTree DLTR ... 28 147.91 –0.53 ... 60.00 0.63 FLJ FLJ ... ... .68 –0.11 ...
19.25 5.58 BeyondMeat BYND ... dd 8.15 –1.62 ... 26.17 16.34 CapitalSouthwest CSWC 9.2 11 24.40 +0.51 .06 45.74 32.68 CmntyTrBcp CTBI 4.5 9 40.89 +1.61 .46 18.19 7.78 Domo DOMO ... dd 9.82 –1.71 ... 65.00 52.45 FRP Holdings FRPH ... cc 61.37 +1.37 ...
28.91 12.54 BicycleTherap BCYC ... dd 25.35 –0.37 ... 11.77 10.37 CapitalworksEMA CMCA ... 52 11.00 ... ... 17.66 10.38 CommWestBcshs CWBC 2.1 19 15.07 +0.55 .08 15.76 13.55 DonegalGroup A DGICA 5.0 cc 13.71 –0.23 .17 11.00 10.17 FTACEmeraldA EMLD ... ... 10.49 +0.03 ...
9.99 3.94 Big5SportingGds BGFV 5.1 dd 3.96 –0.74 .05 7.97 4.22 CapitolFedFin CFFN 5.8 dd 5.89 +0.24 .085 100.83 53.70 CommvaultSystems CVLT ... dd 98.73 +1.15 ... 16.00 12.50 DonegalGroup B DGICB 4.6 cc 13.35 –0.86.1525 59.98 22.76 FTAI Aviation FTAI ... 27 57.00 –1.20 ...
12.75 6.81 BigCommerce BIGC ... dd 7.55 –0.26 ... 19.62 11.22 CapStarFin CSTR 2.3 12 19.33 +0.67 .11 12.00 10.15 CompassDigitalAcqn CDAQ ... 42 10.68 +0.03 ... 134.74 51.50 DoorDash DASH ... dd 131.80 +4.37 ... 5.39 2.35 FTAI Infra FIP 2.2 dd 5.39 +0.35 .03
25.58 8.80 Bilibili BILI ... dd 11.13 +1.08 ... 12.00 1.15 Captivision CAPT ... 32 5.91 –0.44 ... 16.00 0.90 CompleteSolaria CSLR ... dd .99 –0.05 ... 33.60 26.50 DorchesterMnls DMLP11.2 11 31.56 +0.681.0079 3.87 0.28 FTC Solar FTCI ... dd .51 ... ...
89.91 51.79 Bio-Techne TECH .4 56 77.09 +2.71 .08 6.50 0.50 CaraTherap CARA ... dd .98 +0.03 ... 7.90 4.61 CompoSecure CMPO ... 7 5.95 +1.23 ... 96.42 60.01 DormanProducts DORM ... 22 90.81 –2.41 ... 44.00 7.17 Falcon'sBeyondGlbl FBYD ... dd 9.50 –1.31 ...
4.07 1.24 BioAtla BCAB ... dd 2.77 –0.08 ... 197.99 6.30 CarbonRevolution CREV ... cc 13.21 +3.34 ... 25.60 9.60 comScore SCOR ... dd 17.11 –2.89 ... 15.96 6.95 DoubleDown DDI ... 7 14.12 +1.19 ... 26.55 0.48 FangddNetwork DUO ... ... .60 +0.05 ...
14.20 9.76 BioceresCrop BIOX ... 38 13.24 –0.12 ... 19.57 2.57 Cardlytics CDLX ... dd 7.93 –0.46 ... 16.33 5.77 ComtechTel CMTL ... dd 5.79 –0.81 ... 1.26 0.70 DouYuIntl DOYU ... 12 .72 –0.03 ... 9.54 4.32 Fanhua FANH ... 5 4.85 +0.35 ...
9.07 4.83 BioCryst BCRX ... dd 5.43 –0.19 ... 3.81 0.68 Carecloud CCLD ... dd 1.34 –0.01 ... 134.80 64.22 Concentrix CNXC 1.7 11 65.81 –7.56.3025 45.62 17.02 DraftKings DKNG ... dd 41.74 –1.79 ... 4.28 1.75 FarmerBros FARM ... dd 3.73 +0.11 ...
2.21 1.03 Biodesix BDSX ... dd 1.48 –0.10 ... 12.93 4.80 CareDx CDNA ... dd 11.79 –0.22 ... 3.81 2.40 Conduent CNDT ... dd 3.37 +0.03 ... 6.35 0.43 DragonflyEnergy DFLI ... dd .52 –0.09 ... 76.59 50.30 Fastenal FAST 2.1 38 75.63 +2.79 .39
319.76 215.35 Biogen BIIB ... 28 223.24 +2.29 ... 126.00 4.09 CareMax CMAX ... dd 11.20 +3.52 ... 25.00 0.95 ConduitPharm CDT ... cc 2.78 +0.19 ... 31.47 10.61 DrivenBrands DRVN ... dd 14.76 +1.06 ... 8.83 1.63 FateTherap FATE ... dd 8.12 +0.38 ...
100.38 76.02 BioMarinPharm BMRN ... 99 85.95 –1.19 ... 24.64 15.34 CarGurus CARG ... 87 23.00 +0.32 ... 41.22 14.69 Confluent CFLT ... dd 32.57 –1.73 ... 33.43 18.71 Dropbox DBX ... 18 24.02 –0.12 ... 12.01 10.36 FeutuneLightA FLFV ... 97 10.88 –0.06 ...
43.69 8.13 BiomeaFusion BMEA ... dd 15.36 –2.45 ... 8.59 3.44 CaribouBio CRBU ... dd 7.42 –0.37 ... 1.80 0.65 Conifer CNFR ... dd 1.08 –0.10 ... 7.88 4.21 DuluthHoldings DLTH ... dd 4.42 –0.21 ... 55.00 6.53 FibroBiologics FBLG ... ... 10.64 –2.36 ...
6.41 0.87 Bionomics BNOX ... dd 1.22 +0.03 ... 9.77 1.96 CarismaTherap CARM ... dd 2.25 –0.34 ... 2.84 0.53 ConnectBiopharma CNTB ... dd 1.24 +0.06 ... 245.87 114.11 Duolingo DUOL ... cc 213.53 –22.96 ... 20.90 0.33 FibroGen FGEN ... dd 1.80 –0.03 ...
136.92 87.90 BioNTech BNTX ... 8 91.27 +0.33 ... 48.52 25.20 Carlyle CG 3.0 dd 47.35 +1.74 .35 24.44 13.11 ConnectOneBncp CNOB 3.5 9 19.62 –0.06 .17 15.15 9.42 DynavaxTechs DVAX ... dd 13.14 +0.38 ... 60.85 35.51 FidelityD&D FDBC 3.0 16 50.93 +1.81 .38
6.70 0.76 BioraTherap BIOR ... dd 1.19 +0.04 ... 16.56 13.08 CarlyleSecured CGBD 9.8 10 16.28 +0.07 .08 7.90 2.55 Conn's CONN ... dd 3.54 –0.29 ... 30.27 6.40 DyneTherap DYN ... dd 25.16 –3.97 ... 36.95 22.11 FifthThirdBncp FITB 3.8 11 36.37 +2.00 .35
8.22 3.65 Biote BTMD ... dd 5.64 –0.20 ... 6.12 1.87 CarParts.com PRTS ... dd 1.94 –0.59 ... 39.81 13.13 ConsensusCloud CCSI ... 4 14.33 –2.06 ... 23.73 13.84 FinInstitutions FISI 6.2 6 19.22 +0.97 .30
E 16.74 2.19 FinchTherap FNCH ... dd 2.50 –0.22 ...
5.74 0.80 Bioventus BVS ... dd 5.40 +0.50 ... 9.54 1.96 CarrolsRestr TAST .8 dd 9.47 +0.01 .02 4.65 2.10 ConsldComm CNSL ... dd 4.29 –0.02 ...
3.91 0.68 Bitfarms BITF ... dd 2.67 –0.26 ... 16.74 10.43 CarterBkshrs CARE ... 13 13.08 –0.03 ... 38.29 13.66 ConsldWater CWCO 1.3 22 29.52 ... .095 9.34 1.90 ECARX ECX ... dd 1.99 –0.58 ... 11.50 10.40 FinnovateAcqnA FNVT ... 68 11.21 +0.03 ...
6.85 1.22 BlackDiamond BDTX ... dd 4.06 –0.72 ... 11.92 10.44 CartesianGrwIIA RENE ... 36 11.07 ... ... 185.58 71.16 ConstellationEner CEG .8 34 170.57 +0.58.3525 17.00 0.77 ECDAutoDesign ECDA ... dd .94 +0.04 ... 14.98 7.61 FinWiseBancorp FINW ... 8 10.06 +0.73 ...
88.56 53.39 Blackbaud BLKB ... cc 73.13 +2.77 ... 1.54 0.60 CartesianTherap RNAC ... dd .64 –0.05 ... 52.52 24.12 ConstructionPtrs ROAD ... 47 51.59 +2.82 ... 12.40 3.60 EDAP TMS EDAP ... dd 7.50 +0.70 ... 17.49 12.10 FirstAdvantage FA .0 63 16.01 +0.20 1.50
67.81 47.27 BlackLine BL ... 96 67.01 +8.30 ... 12.67 10.34 CarticaAcqnA CITE ... 31 11.10 +0.08 ... 13.75 7.82 ConsumerPtfo CPSS ... 4 8.37 –0.24 ... 12.34 5.51 EsgenAcqnA ESAC ... dd 6.95 +0.74 ... 40.18 26.00 FirstBancorpNC FBNC 2.5 14 35.26 +1.28 .22
4.03 3.03 BlackRockCapInvt BKCC10.7 10 3.74 +0.06 .10 3.78 0.24 CasaSystems CASA ... dd .38 +0.01 ... 13.46 3.55 ContextLogic WISH ... dd 6.37 –0.17 ... 24.72 0.40 ESGL ESGL ... dd .52 +0.05 ... 29.16 22.13 FirstBancorp FNLC 6.1 9 23.14 +0.04 .35
13.00 9.60 BlkRkTCPCap TCPC12.9 16 10.52 –0.03 .34 95.78 72.97 CasellaWaste CWST ... cc 93.27 +2.16 ... 104.07 75.94 Cooper COO .0 70 101.51 –0.68.0075 10.38 10.05 ESH Acqn A ESHA ... cc 10.38 +0.05 ... 32.06 22.82 FirstBancshares FBMS 3.8 11 26.00 +1.19 .25
11.88 10.25 BlockchainCoinIA BCSA ... cc 11.03 +0.01 ... 314.99 202.13 CaseysGenStores CASY .6 23 302.18 –4.67 .43 55.83 33.62 Copart CPRT ... 39 54.96 +1.38 ... 1.35 0.09 ESH Acqn Rt ESHAR ... ... .09 –0.01 ... 15.17 8.59 FirstBank FRBA 1.8 13 13.24 +0.29 .06
30.13 22.03 Bloomin'Brands BLMN 3.2 12 29.72 +1.73 .24 50.25 35.05 CassInfoSys CASS 2.5 22 47.20 –0.69 .30 6.10 2.61 CoreScientific CORZ ... dd 4.03 +0.28 ... 20.87 12.79 ESSA Bancorp ESSA 3.4 10 17.88 +0.60 .15 25.80 16.26 FirstBusey BUSE 4.1 11 23.69 +0.74 .24
34.90 17.37 BlueBird BLBD ... 17 32.40 –2.03 ... 26.70 9.26 CastleBiosci CSTL ... dd 20.79 +0.85 ... 6.09 2.57 CorMedix CRMD ... dd 3.68 +0.01 ... 17.65 11.26 EagleBncpMT EBMT 4.3 10 13.00 +0.08 .14 41.03 24.57 FirstBusFinSvcs FBIZ 2.9 8 34.82 +0.74 .25
11.23 7.08 BlueFoundryBncp BLFY ... dd 9.07 +0.08 ... 45.72 27.24 CathayGenBncp CATY 3.4 8 40.53 +1.74 .34 20.72 11.45 CorsairGaming CRSR ... cc 12.41 –0.64 ... 32.44 4.10 EaglePharm EGRX ... 7 6.25 –0.23 ... 1623.98 505.84 FirstCitizBcshA FCNCA .4 2 1553.60 –14.05 1.64
11.42 10.37 BlueOceanA BOCN ... 46 10.93 –0.02 ... 380.26 233.84 CavcoIndustries CVCO ... 19 364.74 –14.35 ... 265.14 172.50 Corvel CRVL ... 54 233.02 –6.05 ... 78.64 33.86 EastWestBncp EWBC 2.9 9 76.82 +4.66 .55 39.23 22.55 FirstCommBkshs FCBC 3.5 13 33.43 +0.66 .29
11.20 10.40 BlueWorldA BWAQ ... 50 11.19 –0.01 ... 24.43 10.68 CECO Env CECO ... 60 22.09 –1.12 ... 4.19 0.61 CorvusPharm CRVS ... dd 2.12 –0.06 ... 15.07 9.93 EasternBankshares EBC 3.3 9 13.25 +0.44 .11 24.99 17.23 FirstFinBncpOH FFBC 4.2 8 22.14 +0.52 .23
0.73 0.02 BlueWorldRt BWAQR ... ... .20 +0.01 ... 12.50 5.22 CellebriteDI CLBT ... dd 11.45 –0.84 ... 92.36 65.12 CoStar CSGP ... 94 86.11 –2.16 ... 26.04 15.30 Eastern EML 1.8 30 24.28 –0.01 .11 34.44 22.84 FirstFinBkshs FFIN 2.2 23 32.57 +1.85 .18
5.53 0.88 bluebirdbio BLUE ... dd 1.50 –0.06 ... 3.77 0.96 Cellectis CLLS ... dd 2.59 –0.06 ... 787.08 466.80 Costco COST .6 47 725.56 –23.88 1.02 18.94 5.30 EbangIntl EBON ... dd 10.56 –1.44 ... 44.91 31.00 FirstFinIN THFF 4.8 7 37.70 +0.81 .45
101.00 40.48 BlueprintMed BPMC ... dd 92.30 –2.82 ... 11.95 3.38 CentessaPharm CNTA ... dd 11.03 +0.16 ... 32.00 12.98 Couchbase BASE ... dd 28.33 –0.43 ... 51.14 37.17 eBay EBAY 2.1 10 50.37 +2.32 .27 22.17 9.70 FirstFinNW FFNW 2.5 30 20.79 –0.02 .13
2.03 0.84 BoltBiotherap BOLT ... dd 1.33 +0.12 ... 2.52 0.61 Centogene CNTG ... ... .69 –0.01 ... 57.57 32.24 CovenantLogist CVLG 1.0 11 45.80 –1.87 .11 24.80 9.53 EchoStar SATS ... dd 13.78 +0.56 ... 18.00 9.24 FirstGuarBcshs FGBI 5.7 11 11.25 –0.19 .16
3918.00 2383.18 Booking BKNG 1.0 30 3485.70 –14.03 8.75 44.45 27.86 CentralGarden CENT ... 16 41.24 –2.73 ... 121.17 62.69 CrackerBarrel CBRL 7.3 19 70.94 +4.63 1.30 20.69 5.12 EdgewiseTherap EWTX ... dd 17.16 +0.47 ... 23.77 15.08 FirstHawaiian FHB 4.9 12 21.44 +0.63 .26
10.44 10.10 BowenAcqn BOWN ... ... 10.44 +0.07 ... 39.55 27.02 CentralGardenA CENTA ... 14 35.53 –2.05 ... 5.80 3.19 CreativeMedia CMCT 9.3 dd 3.67 +0.06 .085 11.91 6.08 EditasMedicine EDIT ... dd 9.16 –1.37 ... 34.27 9.68 FirstInternetBncp INBK .8 32 31.29 –0.03 .06
37.68 25.52 BowmanConsult BWMN ... cc 34.30 +1.31 ... 13.17 5.70 CenturyAluminum CENX ... dd 11.46 +0.86 ... 616.66 379.77 CreditAcceptance CACC ... 25 556.51 +4.51 ... 3.40 0.80 EducDev EDUC ... 53 1.75 +0.04 ... 34.41 20.81 FirstInterBanc FIBK 7.1 11 26.60 +0.51 .47
5.85 2.92 BraggGaming BRAG ... dd 5.16 –0.47 ... 5.51 1.28 CenturyTherap IPSC ... dd 5.24 +1.28 ... 23.90 7.20 CredoTech CRDO ... dd 22.22 –0.25 ... 25.78 8.63 EHang EH ... dd 11.41 +0.18 ... 38.16 24.52 FirstMerchants FRME 3.9 9 34.65 +1.89 .34
7.62 1.38 Brainsway BWAY ... dd 5.94 –0.62 ... 3.15 1.55 Ceragon CRNT ... 41 2.96 –0.07 ... 18.00 13.11 CrescentCapBDC CCAP 9.7 7 16.99 +0.27 .41 10.31 4.81 eHealth EHTH ... dd 6.36 –0.20 ... 35.83 21.77 FirstMidBcshs FMBH 3.0 10 30.99 +0.88 .23
61.53 25.76 Braze BRZE ... dd 53.02 –4.11 ... 36.79 13.83 Cerence CRNC ... dd 14.06 –0.76 ... 10.09 5.44 Cresud CRESY 3.8 3 8.01 +0.16 .305 43.35 5.12 EigerBioPharma EIGR ... dd 6.91 –0.09 ... 16.12 9.94 FirstNWBncp FNWB 1.8 63 15.69 +0.01 .07
44.32 11.75 BridgeBioPharma BBIO ... dd 28.98 –6.65 ... 12.80 2.24 CERoTherap CERO ... dd 3.95 +0.99 ... 17.89 4.43 Cricut CRCT .0 19 4.75 –0.17 1.00 5.44 2.15 8x8 EGHT ... dd 2.97 +0.15 ... 232.00 129.22 FirstSolar FSLR ... 21 161.35 +3.30 ...
9.19 3.88 BridgerAerospace BAER ... dd 5.01 +0.06 ... 24.96 11.81 Certara CERT ... dd 19.36 +1.06 ... 47.58 15.23 CrineticsPharm CRNX ... dd 42.29 –3.74 ... 22.93 6.58 89bio ETNB ... dd 12.93 +0.31 ... 56.59 38.77 1stSource SRCE 2.6 10 51.46 +2.85 .34
14.51 10.03 BridgfordFoods BRID ... 28 10.59 +0.14 ... 3.08 1.21 Cerus CERS ... dd 2.26 +0.08 ... 35.28 22.10 Criteo CRTO ... 38 33.39 +0.64 ... 11.65 8.11 ElPolloLoco LOCO ... 12 8.70 –0.47 ... 24.29 12.56 FirstUnited FUNC 3.6 10 22.12 +0.41 .20
4.94 1.81 Brightcove BCOV ... dd 1.95 –0.27 ... 38.37 23.66 ChampionX CHX 1.2 20 31.74 –0.15 .095 22.50 5.32 CriticalMetals CRML ... dd 8.12 –1.88 ... 225.64 166.35 ElbitSystems ESLT .9 35 214.94 –10.54 .50 25.88 14.34 FirstWatchRest FWRG ... 60 25.00 –0.37 ...
56.25 39.24 BrighthouseFin BHF ... dd 46.20 +0.04 ... 458.30 270.41 CharterComms CHTR ... 9 283.78 –9.38 ... 151.32 74.00 Crocs CROX ... 10 125.04 +0.23 ... 144.53 108.53 ElectronicArts EA .6 34 135.15 –5.64 .19 22.80 12.84 FirstWesternFin MYFW ... 16 14.24 +0.07 ...
12.14 8.73 BrightSpring BTSG ... ... 9.06 +0.11 ... 166.71 117.18 CheckPoint CHKP ... 22 160.00 +1.95 ... 2.64 1.64 Cronos CRON ... dd 1.99 –0.03 ... 5.89 0.36 ElevationOnc ELEV ... dd 4.57 –0.44 ... 122.87 86.74 FirstCash FCFS 1.2 24 115.83 +0.79 .35
4.68 2.04 BrilliantEarthA BRLT ... cc 2.79 +0.08 ... 38.19 28.58 Cheesecake CAKE 2.9 18 36.91 +1.50 .27 28.75 15.65 CrossCtyHlthcr CCRN ... 9 18.93 +0.51 ... 24.39 2.96 ElicioTherap ELTX ... dd 4.92 +0.77 ... 171.94 131.75 FirstService FSV .6 74 166.93 +0.99 .25
12.31 10.50 BroadCapital BRAC ... dd 11.22 –0.03 ... 39.00 17.29 ChefsWarehouse CHEF ... 47 37.33 –0.84 ... 15.07 9.29 CrossFirstBkshs CFB ... 10 13.03 +0.34 ... 3.72 2.34 EliemTherap ELYM ... dd 2.73 +0.04 ... 220.19 144.57 FiveBelow FIVE ... 42 204.82 +4.01 ...
1438.17 601.29 Broadcom AVGO 1.6 49 1308.72 –90.45 5.25 51.36 33.72 ChemungFinl CHMG 2.9 8 42.40 –0.02 .31 365.00 115.67 CrowdStrike CRWD ... cc 322.85 +8.25 ... 32.00 12.72 Embecta EMBC 4.4 14 13.77 –0.39 .15 7.41 1.03 5EAdvMatls FEAM ... dd 1.64 –0.02 ...
11.54 7.00 BrooklineBcp BRKL 5.5 12 9.90 +0.25 .135 11.76 10.44 ChengheAcqnIA LATG ... 23 11.19 –0.01 ... 19.68 7.64 CullinanOncology CGEM ... dd 16.79 –1.72 ... 11.69 10.39 EmbraceChange EMCG ... 44 11.12 +0.05 ... 92.40 51.01 Five9 FIVN ... dd 58.42 –3.90 ...
93.00 53.79 Bruker BRKR .2 31 91.16 +2.83 .05 91.00 69.68 ChesapeakeEner CHK 2.8 5 82.01 –0.80 .575 2.36 1.43 CumberlandPharm CPIX ... dd 2.03 –0.09 ... 1.73 0.10 EmbraceChangeRt EMCGR ... ... .14 +0.04 ... 28.25 17.74 FiveStarBncp FSBC 3.4 9 23.81 +0.13 .20
21.06 10.52 Bumble BMBL ... dd 10.87 –0.57 ... 17.65 12.91 ChicagoAtlRealEst REFI 11.6 8 16.18 –0.20 .29 6.59 2.57 CumulusMedia CMLS ... dd 3.75 +0.01 ... 29.74 20.84 Enact ACT 2.2 7 28.70 +1.00 .16 30.93 14.14 Flex FLEX ... 18 29.82 +0.82 ...
2.06 0.54 BurgerFiIntl BFI ... dd .63 –0.02 ... 3.84 0.15 ChickenSoupA CSSE ... dd .18 –0.02 ... 12.36 3.27 CureVac CVAC ... dd 3.43 +0.01 ... 47.32 8.08 EnantaPharma ENTA ... dd 15.40 +0.05 ... 37.98 15.67 Flexsteel FLXS 1.7 12 36.10 +0.60 .15
3.25 0.69 BurningRockBio BNR ... dd .80 –0.01 ... 13.02 0.32 ChijetMotor CJET ... 7 .35 –0.02 ... 31.89 1.38 Cutera CUTR ... dd 1.98 –0.43 ... 54.73 34.74 EncoreCapital ECPG ... dd 50.15 +1.26 ... 31.32 13.41 FluenceEnergy FLNC ... dd 15.40 –0.05 ...
11.03 10.10 BurTechAcqnA BRKH ... cc 10.90 ... ... 44.25 8.30 Children'sPlace PLCE ... dd 15.51 –3.36 ... 33.14 8.38 CVRx CVRX ... dd 21.45 +0.66 ... 250.00 138.20 EncoreWire WIRE .0 10 223.32 –18.25 .02 18.00 9.28 FlushingFinl FFIC 6.9 12 12.68 –0.08 .22
25.57 13.05 BusFirstBcshs BFST 2.5 9 22.47 +0.58 .14 1.57 0.88 Chimerix CMRX ... dd 1.26 +0.09 ... 283.00 120.11 CyberArkSoftware CYBR ... dd 263.78 –2.10 ... 13.05 3.40 EnergemA ENCP ... cc 8.12 +4.62 ... 35.80 18.65 Flywire FLYW ... dd 26.97 –1.28 ...
12.12 10.34 byNordicAcqnA BYNO ... 56 11.04 –0.01 ... 31.11 21.58 ChipMOSTechs IMOS 3.8 18 29.89 +1.421.5007 32.35 7.26 CymaBayTherap CBAY ... dd 32.31 +0.08 ... 30.76 13.95 EnergyRecovery ERII ... 41 15.20 –0.89 ... 12.09 10.22 FocusImpactBH3A BHAC ... 49 10.48 +0.02 ...
175.20 117.05 ChordEnergy CHRD 3.1 7 161.64 –2.592.00 3.19 1.43 CyteirTherap CYT ... dd 3.11 +0.01 ... 20.44 12.11 EnlightRenewableEn ENLT ... 30 17.60 +0.32 ... 3.93 0.31 FocusUniversal FCUV ... dd .39 +0.02 ...
C 10.80 10.05 ChurchillVII A CVII ... cc 10.67 +0.04 ... 24.22 9.80 EnlivenTherap ELVN ... 5 14.87 –1.80 ... 9.97 2.70 FoghornTherap FHTX ... dd 6.59 –1.35 ...
12.31 3.80 CytekBiosci CTKB ... dd 7.12 –2.03 ...
5.80 2.45 Cadiz CDZI ... dd 2.87 –0.06 ... 150.45 106.45 ChurchillDowns CHDN .3 21 112.20 –7.42 .382 110.25 25.98 Cytokinetics CYTK ... dd 65.75 –8.23 ... 23.90 8.33 Enovix ENVX ... dd 9.09 –0.65 ... 46.83 24.88 FormFactor FORM ... 42 44.32 +0.72 ...
33.05 13.14 CARGOTherapeutics CRGX ... ... 30.72 +5.65 ... 43.17 31.60 Chuy's CHUY ... 19 34.10 +0.21 ... 2.86 1.04 CytomXTherap CTMX ... dd 2.50 –0.15 ... 231.42 73.49 EnphaseEnergy ENPH ... 42 130.28 +0.62 ... 79.80 55.97 FormulaSys FORTY 1.2 19 77.81 +1.05.6215
72.00 48.01 C&F Fin CFFI 3.4 8 51.99 –0.62 .44 100.01 30.17 Cimpress CMPR ... 60 91.43 –8.21 ... 127.58 85.50 EnsignGroup ENSG .2 34 123.70 +1.80 .06 34.55 18.64 ForresterRes FORR ... cc 20.42 +0.02 ...
27.02 17.20 CB FinSvcs CBFV 4.5 5 22.20 +0.38 .25 119.38 95.01 CincinnatiFinl CINF 2.8 10 117.29 +3.75 .81 D 310.92 217.52 Enstar ESGR ... 4 295.71 –7.80 ... 81.24 44.12 Fortinet FTNT ... 49 71.35 +0.91 ...
13.41 8.33 CCC Intelligent CCCS ... dd 12.63 +0.97 ... 636.37 425.00 Cintas CTAS .9 45 625.37 –2.99 1.35 2.37 0.65 DBV Tech DBVT ... dd .86 +0.03 ... 146.91 69.37 Entegris ENTG .3 cc 140.01 +1.45 .10 38.47 24.93 Fortrea FTRE ... 35 36.83 –0.89 ...
249.87 160.66 CDW CDW 1.0 31 247.95 +0.63 .62 5.60 1.26 CipherMining CIFR ... dd 3.51 +0.42 ... 3.29 0.72 DIH US DHAI ... ... 1.04 +0.26 ... 34.10 25.00 EnterpriseBncp EBTC 3.7 8 26.00 –1.45 .24 121.38 29.53 ForwardAir FWRD 3.2 5 30.41 –1.63 .24
31.50 16.38 CEVA CEVA ... dd 24.31 +0.84 ... 111.15 65.02 CirrusLogic CRUS ... 29 92.51 –0.72 ... 27.16 14.89 DMC Global BOOM ... 16 17.13 +0.56 ... 50.91 32.97 EnterpriseFinSvcs EFSC 2.5 8 40.09 +0.44 .25 3.76 0.89 Fossil FOSL ... dd .92 –0.12 ...
11.52 10.31 CFAcqnVII A CFFS ... cc 10.82 –0.05 ... 58.19 45.56 CiscoSystems CSCO 3.2 15 49.50 +1.10 .40 1.89 0.77 D-MarketElec HEPS ... dd 1.62 +0.09 ... 18.44 10.45 EntradaTherap TRDA ... dd 12.68 –1.05 ... 24.74 10.26 FosterLB FSTR ... cc 23.29 –0.49 ...
11.88 1.06 C4 Therap CCCC ... dd 11.00 +0.01 ... 32.90 14.21 CitiTrends CTRN ... dd 31.76 –0.14 ... 11.30 10.40 DPCapAcqnIA DPCS ... 49 10.95 –0.01 ... 83.57 41.71 ePlus PLUS ... 17 80.22 –2.65 ... 35.61 9.44 4D Molecular FDMT ... dd 29.57 +0.20 ...
50.23 28.55 CG Oncology CGON ... ... 35.51 –8.47 ... 12.61 7.61 CtznCmntyBcp CZWI 2.6 10 12.22 +0.67 .32 11.83 10.30 DuetAcqnA DUET ... dd 10.96 –0.02 ... 6.35 4.70 EpsilonEnergy EPSN 5.0 8 4.99 –0.01.0625 35.41 28.29 FoxA FOXA 1.8 17 28.86 –0.56 .26
106.14 69.11 CH Robinson CHRW 3.4 27 72.45 –1.43 .61 115.89 82.53 CityHolding CHCO 2.7 14 104.62 +4.31 .715 46.07 22.06 DXP Ents DXPE ... 12 45.22 +9.65 ... 914.93 661.66 Equinix EQIX 1.9 88 910.10 +9.57 4.26 33.24 25.82 FoxB FOX 2.0 16 26.32 –0.67 .26
1.42 0.88 CLPS CLPS .0 dd 1.10 +0.09 .10 10.44 4.77 Clarus CLAR 1.5 dd 6.55 +0.63 .025 9.01 1.36 DadaNexus DADA ... dd 2.31 +0.13 ... 3.38 1.51 Erasca ERAS ... dd 2.28 –0.27 ... 125.08 44.10 FoxFactory FOXF ... 18 51.43 –1.44 ...
223.80 174.01 CME Group CME 2.2 24 212.98 –6.23 1.15 5.25 2.66 CleanEnerFuels CLNE ... dd 2.69 –0.33 ... 12.42 4.31 Daktronics DAKT ... 8 8.72 –0.06 ... 420.34 199.49 ErieIndemnity ERIE 1.2 49 415.87 +11.581.275 14.50 6.92 FractylHealth GUTS ... ... 8.33 –1.74 ...
23.40 16.43 CNB Fin PA CCNE 3.4 8 20.33 +0.49 .175 55.96 22.91 Clearfield CLFD ... 36 30.91 –0.64 ... 5.13 3.72 DallasNews DALN16.6 dd 3.85 –0.14 .16 22.01 11.42 Escalade ESCA 4.3 20 14.05 –1.00 .15 107.36 82.61 FranklinElec FELE 1.0 25 101.82 –2.11 .25
12.75 5.01 CompassPath CMPS ... dd 10.88 –0.60 ... 1.87 0.65 ClearsideBiomed CLSD ... dd 1.67 +0.28 ... 138.61 62.60 Datadog DDOG ... cc 121.31 –8.91 ... 4.84 0.70 EsperionTherap ESPR ... dd 2.19 –0.36 ... 3.77 2.25 FreightCarAmer RAIL ... dd 3.09 +0.09 ...
45.95 12.65 CPI Card PMTS ... 7 15.02 –4.42 ... 12.02 10.33 ClimateRockA CLRC ... cc 11.20 ... ... 64.90 31.65 Dave&Buster's PLAY ... 23 63.04 +0.56 ... 5.81 2.42 EtonPharm ETON ... 53 4.50 +0.04 ... 11.41 6.22 FrequencyElec FEIM ... 36 10.55 –0.11 ...
143.76 81.29 CRA Intl CRAI 1.2 26 141.32 +10.77 .42 0.15 0.05 ClimateRockRt CLRCR ... ... .08 –0.01 ... 43.99 4.47 Dave DAVE ... dd 36.00 +13.18 ... 116.15 58.20 Etsy ETSY ... 32 72.31 +2.50 ... 114.31 45.13 Freshpet FRPT ... dd 108.21 –2.59 ...
91.10 37.55 CrisprTherap CRSP ... dd 78.92 –4.83 ... 73.25 37.67 ClimbGlbl CLMB 1.0 25 68.03 –4.27 .17 2.65 1.27 DawsonGeophys DWSN ... dd 1.45 +0.13 ... 121.55 73.84 EuronetWorldwide EEFT ... 20 111.57 +2.77 ... 24.98 12.22 Freshworks FRSH ... dd 18.63 –1.63 ...
March 11, 2024 BARRON’S 43

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
38.97 24.98 Frontdoor FTDR ... 15 31.50 +0.36 ... 24.95 17.31 HMN Fin HMNF 1.6 15 20.40 +0.50 .08 45.58 14.05 Immunovant IMVT ... dd 31.69 –3.61 ... 4.87 0.62 KaryopharmTherap KPTI ... dd 1.57 +0.39 ... 25.00 18.53 LoganRidgeFin LRFC 4.2 dd 22.63 +0.30 .30
25.89 11.65 FrontierComms FYBR ... cc 24.58 +0.76 ... 20.73 10.68 Hutchmed HCM ... 26 14.87 –0.28 ... 3.90 1.50 Immutep IMMP ... dd 2.75 +0.45 ... 110.73 71.25 Kaspi.kz KSPI 6.1 11 106.32 +0.091.8485 96.66 51.65 LogitechIntl LOGI 1.3 30 90.51 +2.611.1805
11.22 3.19 Frontier ULCC ... dd 7.38 +0.49 ... 15.04 0.89 HWH Intl HWH ... 21 1.32 +0.30 ... 142.70 48.39 Impinj PI ... dd 116.00 +3.35 ... 24.76 8.26 Katapult KPLT ... dd 14.80 +1.24 ... 28.15 3.60 LongboardPharm LBPH ... dd 19.66 –1.68 ...
3.39 0.98 FuelCell FCEL ... dd 1.13 –0.11 ... 50.89 30.20 H World HTHT 1.7 26 34.74 –1.29 .31 71.85 40.81 InariMedical NARI ... dd 42.99 –2.41 ... 9.46 5.94 KearnyFinancial KRNY 6.9 23 6.37 +0.23 .11 4.70 1.85 LoopIndustries LOOP ... dd 2.84 –0.22 ...
13.70 2.25 FulcrumTherap FULC ... dd 11.08 +0.09 ... 26.69 17.10 HackettGroup HCKT 1.8 20 24.70 –0.26 .11 12.68 0.80 IncannexHealthcare IXHL ... dd 4.17 –1.31 ... 10.99 10.14 KeenVisionAcqn KVAC ... dd 10.43 +0.03 ... 13.60 1.22 Lottery.com LTRY ... dd 2.50 +0.10 ...
44.09 22.50 FulgentGenetics FLGT ... dd 22.91 –0.33 ... 18.33 9.01 HainCelestial HAIN ... dd 9.37 –0.04 ... 10.90 10.14 InceptionGrowth IGTA ... 66 10.84 ... ... 25.27 15.23 KellyServices A KELYA 1.2 25 24.76 +0.14 .075 17.99 5.50 LotusTech LOT ... cc 7.42 –0.54 ...
17.06 9.64 FultonFin FULT 4.4 9 15.58 +0.27 .17 45.00 29.85 HalozymeTherap HALO ... 20 41.73 +0.62 ... 0.33 0.09 InceptionGrowthRt IGTAR ... ... .14 –0.08 ... 25.00 14.86 KellyServicesB KELYB 1.2 25 24.51 +0.51 .075 30.94 14.18 Lovesac LOVE ... 17 22.22 –0.94 ...
2.88 1.00 FundamentalGlbl FGF ... 7 1.50 +0.17 ... 121.90 62.47 HamiltonLane HLNE 1.6 33 108.09 –6.65.445 76.04 50.27 Incyte INCY ... 23 60.02 +0.97 ... 6.84 3.76 KY FirstFedBncp KFFB .0 dd 3.87 –0.05 .10 8.87 2.54 Lucid LCID ... dd 3.10 –0.23 ...
13.42 5.27 Funko FNKO ... dd 6.86 –0.19 ... 49.65 31.02 HancockWhitney HWC 2.7 10 44.48 +1.48 .30 72.70 43.28 IndependentBank INDB 4.2 10 51.84 +0.89 .55 73.00 27.02 KerosTherap KROS ... dd 70.48 +1.63 ... 3.26 1.44 Lulu'sFashion LVLU ... dd 1.72 –0.25 ...
4.65 0.50 FusionFuelGreen HTOO ... ... 1.75 +0.46 ... 23.07 13.35 HanmiFinancial HAFC 6.3 6 15.77 +0.76 .25 27.39 14.90 IndepBankMI IBCP 3.9 9 24.64 +0.29 .24 35.99 27.66 KeurigDrPepper KDP 3.0 19 29.14 –0.14 .215 516.39 286.58 lululemon LULU ... 59 460.39 +1.89 ...
13.99 2.31 FusionPharm FUSN ... dd 10.04 –1.95 ... 19.91 16.16 HanoverBancorp HNVR 2.5 9 16.23 –0.27 .10 53.94 28.81 IndependentBank IBTX 3.3 44 45.45 +2.11 .38 31.20 14.56 KewauneeSci KEQU ... 10 29.02 +0.09 ... 65.16 35.35 Lumentum LITE ... dd 47.68 –2.81 ...
67.49 35.91 Futu FUTU ... 14 57.24 +1.67 ... 13.36 7.51 HarborOneBncp HONE 2.9 28 10.27 +0.21 .075 26.50 14.38 Indivior INDV ... dd 21.30 –1.70 ... 7.53 3.72 KeyTronic KTCC ... 12 4.91 +0.21 ... 9.30 2.06 LuminarTech LAZR ... dd 2.07 –0.26 ...
12.12 10.42 FutureTechIIA FTII ... 55 11.10 ... ... 18.43 8.80 Harmonic HLIT ... 18 13.06 –0.31 ... 4.88 1.65 IndlLogistics ILPT 1.0 dd 4.04 +0.17 .01 5.36 0.67 KezarLifeSci KZR ... dd .96 –0.07 ... 4.55 2.63 LumosPharma LUMO ... dd 3.04 +0.04 ...
G 45.17 18.61 HarmonyBio HRMY ... 15 31.09 –1.02 ... 7.80 2.82 Infinera INFN ... dd 4.63 –0.73 ... 74.79 50.89 Kforce KFRC 2.1 24 73.41 +3.45 .38 3.97 1.32 LyellImmuno LYEL ... dd 2.51 –0.56 ...
28.25 7.60 Harrow HROW ... dd 10.95 ... ... 7.25 1.14 InflaRx IFRX ... dd 1.62 –0.13 ... 31.43 19.52 KimballElec KE ... 10 21.59 –0.66 ... 19.43 7.85 Lyft LYFT ... dd 18.31 +1.96 ...
9.20 6.56 GCM Grosvenor GCMG 5.1 dd 8.67 +0.11 .11 10.09 5.00 Harte-Hanks HHS ... 2 7.56 –0.18 ... 10.49 10.07 InflectionPtIIA IPXX ... ... 10.44 –0.01 ... 10.13 2.34 KingsoftCloud KC ... dd 2.69 –0.17 ... 5.79 1.86 LyraTherap LYRA ... dd 5.31 –0.38 ...
8.50 1.90 GDEV GDEV ... dd 2.30 +0.05 ... 6.29 2.43 HarvardBioSci HBIO ... dd 4.42 +0.07 ... 5.87 3.96 InfoSvcs III 4.3 35 4.21 –0.11.045 22.09 10.29 KiniksaPharm KNSA ... cc 20.81 –0.93 ...
20.78 5.01 GDS Holdings GDS ... dd 6.41 –0.30 ... M
73.58 42.66 Hasbro HAS 5.4 dd 51.75 +1.50 .70 94.68 73.38 InglesMarkets IMKTA .9 8 75.84 –0.43 .165 7.19 1.04 KinnateBio KNTE ... dd 2.58 –0.01 ...
94.50 62.35 GE HealthCare GEHC .1 31 93.87 +1.15 .03 36.39 18.91 HashiCorp HCP ... dd 26.58 +0.71 ... 39.79 14.31 Inhibrx INBX ... dd 35.54 –0.91 ... 3.88 1.40 Kirkland's KIRK ... dd 2.68 +0.01 ... 99.21 48.53 Macom Tech MTSI ... 90 93.48 +0.80 ...
20.50 5.61 GEN Restaurant GENK ... 24 6.07 –1.56 ... 14.89 3.70 HawaiianHoldings HA ... dd 13.85 –0.21 ... 48.25 18.57 InMode INMD ... 10 21.97 –0.96 ... 9.80 1.37 KodiakSciences KOD ... dd 6.18 +0.17 ... 83.27 61.94 MGE Energy MGEE 2.1 25 80.87 +17.68.4275
14.64 5.05 GH Research GHRS ... dd 8.11 –0.39 ... 73.47 38.05 Hawkins HWKN .9 20 69.44 –0.27 .16 3.57 1.81 InnatePharma IPHA ... dd 2.70 +0.08 ... 31.94 13.29 KornitDigital KRNT ... dd 18.70 +0.50 ... 124.96 75.78 MGP Ingredients MGPI .6 17 82.61 –3.43 .12
35.68 13.59 G-IIIApparel GIII ... dd 29.58 –3.66 ... 26.00 15.02 HawthornBcsh HWBK 3.4 cc 20.16 –0.69 .17 15.36 5.57 Innodata INOD ... dd 7.18 –0.19 ... 41.47 30.68 KraftHeinz KHC 4.6 15 34.84 –0.29 .40 134.70 63.44 MKS Instrum MKSI .7 dd 128.07 +1.54 .22
5.00 1.08 G1Therapeutics GTHX ... dd 3.64 –0.09 ... 60.25 41.15 HaynesIntl HAYN 1.5 18 59.35 –0.21 .22 128.17 91.74 Innospec IOSP 1.1 23 125.97 +0.60 .72 21.60 12.12 KratosDefense KTOS ... dd 18.49 +0.46 ... 27.75 0.72 MSP Recovery LIFW ... dd .97 –0.06 ...
82.48 50.00 GRAVITY GRVY ... 5 76.49 –0.52 ... 14.37 6.60 HealthCatalyst HCAT ... dd 8.74 +0.68 ... 8.15 4.72 InnovAge INNV ... dd 4.90 +0.03 ... 16.22 11.52 KrispyKreme DNUT 1.1 dd 12.93 +0.46 .035 172.59 110.87 MYR Group MYRG ... 30 162.06 –4.22 ...
9.66 1.50 GRIID Infr GRDI ... ... 1.82 –0.20 ... 15.97 8.75 HealthcareSvcs HCSG ... 25 12.77 –0.07 ... 9.00 6.11 InnovSolSuprt ISSC ... 23 8.24 +0.09 ... 2.29 0.73 KronosBio KRON ... dd 1.29 +0.27 ... 11.91 6.96 Macatawa MCBC 3.6 8 9.92 +0.16 .09
9.80 1.45 GSI Tech GSIT ... dd 4.43 +0.83 ... 84.13 48.86 HealthEquity HQY ... cc 81.09 +0.04 ... 16.86 10.64 Innoviva INVA ... 7 14.84 –0.40 ... 60.20 40.20 Kulicke&Soffa KLIC 1.6 56 50.61 +1.74 .20 21.88 4.29 Macrogenics MGNX ... dd 17.43 –1.63 ...
3.33 2.11 Gaia GAIA ... dd 2.97 +0.07 ... 29.12 20.47 HealthStream HSTM .5 53 26.47 –0.67.028 14.10 4.13 Inogen INGN ... dd 7.59 +0.56 ... 23.75 7.41 KuraOncology KURA ... dd 23.53 +1.94 ... 322.67 119.76 MadrigalPharm MDGL ... dd 255.32 +3.69 ...
6.19 2.00 GainTherap GANX ... dd 4.73 +0.05 ... 17.08 11.44 HeartlandExp HTLD .7 65 12.22 –0.38 .02 7.33 2.51 InozymePharma INZY ... dd 6.35 –0.20 ... 110.00 51.02 KuraSushiUSA KRUS ... cc 95.88 +0.63 ... 14.82 8.15 MagicSoftware MGIC 6.2 13 10.48 –0.65 .327
45.21 31.86 Galapagos GLPG ... dd 34.47 –0.64 ... 45.05 26.10 HeartlandFinUSA HTLF 3.4 21 34.89 +1.22 .30 12.30 1.62 Inseego INSG ... dd 3.51 +0.18 ... 45.31 9.60 KymeraTherap KYMR ... dd 43.49 –0.01 ... 15.73 6.28 Magnite MGNI ... dd 11.60 –0.63 ...
3.70 0.50 Galecto GLTO ... dd .87 +0.05 ... 35.38 22.52 Heidrick&Strug HSII 1.8 13 33.13 –0.91 .15 10.79 10.19 InsightAcqnA INAQ ... cc 10.77 ... ... 35.06 26.04 KyvernaTherap KYTX ... ... 28.67 +0.92 ... 12.58 9.00 MagyarBancorp MGYR 1.3 10 11.50 +0.16 .05
3.59 0.09 GaleraTherap GRTX ... dd .24 +0.01 ... 143.68 81.14 HelenofTroy HELE ... 18 124.36 –0.01 ... 194.57 117.99 InsightEnt NSIT ... 25 186.25 –2.32 ... 63.79 22.50 MakeMyTrip MMYT ... cc 60.82 –1.23 ...
L 62.36 40.29 MalibuBoats MBUU ... 13 41.70 –2.07 ...
14.83 8.39 Gambling.com GAMB ... 46 8.61 –0.34 ... 10.83 10.03 HelixAcqnIIA HLXB ... ... 10.34 –0.06 ... 32.00 16.04 Insmed INSM ... dd 27.82 –0.24 ...
2.51 0.22 GamidaCell GMDA ... dd .34 –0.04 ... 11.12 5.75 HelloGroup MOMO .0 5 6.83 –0.02 .70 25.00 3.15 Inspirato ISPO ... dd 4.23 –1.02 ... 12.15 9.41 LamfGlbI A LGVC ... dd 10.95 +0.08 ... 5.75 3.20 MammothEnergy TUSK ... dd 3.75 +0.01 ...
52.45 43.54 Gaming&Leisure GLPI 6.6 17 46.17 +0.77 .76 8.24 6.33 HennessyAdvsrs HNNA 8.1 11 6.76 +0.11.1375 335.91 125.82 Insulet PODD ... 62 179.59 +10.34 ... 6.47 1.13 LavaTherap LVTX ... dd 2.32 +0.12 ... 266.94 133.81 ManhattanAssoc MANH ... 91 257.50 +0.75 ...
9.95 6.43 GarrettMotion GTX ... dd 9.58 –0.29 ... 11.47 10.00 HennessyCapVI HCVI ... 78 10.41 +0.03 ... 50.46 30.58 Intapp INTA ... dd 35.55 –2.60 ... 141.91 84.16 LGI Homes LGIH ... 13 111.94 –3.06 ... 21.23 7.50 Mannatech MTEX .0 dd 8.16 –0.82 .20
24.37 15.45 GenDigital GEN 2.3 10 22.07 +0.24 .125 85.75 60.01 HenrySchein HSIC ... 24 74.76 –2.12 ... 59.33 33.44 IntegraLifeSci IART ... 44 36.73 +0.74 ... 59.38 41.49 LKQ LKQ 2.3 15 51.42 –0.56 .30 5.75 3.17 MannKind MNKD ... dd 5.27 +0.77 ...
17.16 1.16 GeneDx WGS ... dd 8.39 –0.13 ... 10.81 6.69 HeritageCommerce HTBK 6.0 8 8.60 +0.30 .13 20.88 9.10 IntegralAd IAS ... cc 9.55 –0.65 ... 271.11 179.00 LPL Financial LPLA .5 19 263.98 –2.26 .30 42.95 22.13 Maplebear CART ... dd 34.38 +1.21 ...
6.98 0.86 GenerationBio GBIO ... dd 3.51 +0.89 ... 24.43 14.85 HeritageFin HFWA 4.8 11 19.18 +0.79 .23 51.28 26.32 Intel INTC 1.1 cc 44.00 +0.18 .125 16.97 11.44 LSI Inds LYTS 1.4 16 14.30 –0.11 .05 16.62 4.52 MaravaiLifeSci MRVI ... dd 7.67 +0.08 ...
4.00 2.08 Genetron GTH ... ... 3.86 –0.06 ... 19.36 7.06 HertzGlobal HTZ ... 4 7.86 +0.04 ... 47.48 22.67 IntelliaTherap NTLA ... dd 29.97 –2.69 ... 12.24 9.51 LakeShoreBancorp LSBK ... 14 11.40 –0.22 ... 2.20 1.14 Marchex MCHX ... dd 1.39 +0.04 ...
4.75 2.89 Genfit GNFT ... dd 3.62 ... ... 19.25 3.28 Hesai HSAI ... dd 5.76 +1.32 ... 2.88 1.56 Intellicheck IDN ... dd 1.75 +0.02 ... 17.72 10.65 LakelandBcp LBAI 4.7 10 12.40 +0.71 .145 11.26 5.57 MarinusPharm MRNS ... dd 8.85 –1.07 ...
43.00 26.32 Genmab GMAB ... 32 30.30 +1.01 ... 83.00 34.86 Hibbett HIBB 1.3 9 77.46 –4.54 .25 6.26 1.37 Inter INTR ... 40 6.04 +0.12 ... 73.22 43.05 LakelandFin LKFN 2.9 18 66.58 +3.17 .48 399.78 200.01 MarketAxess MKTX 1.4 31 215.12 –3.02 .74
37.58 25.77 Gentex GNTX 1.3 20 36.32 –0.44 .12 25.05 10.44 HighPeakEner HPK 1.1 9 14.63 –2.12 .04 161.17 120.71 InterParfums IPAR 2.2 29 138.94 –6.66 .75 19.66 10.60 LakelandInds LAKE .7 19 16.61 –0.70 .03 3.62 1.24 MarketWise MKTW 2.1 33 1.90 +0.05 .01
66.54 38.21 Gentherm THRM ... 45 55.71 –2.00 ... 20.22 9.94 HilleVax HLVX ... dd 18.42 –0.58 ... 112.50 70.83 InteractiveBrkrs IBKR .4 19 107.91 –2.57 .10 11.55 3.85 LakeshoreAcqnII LBBB ... 20 4.74 –0.36 ... 7.36 3.46 Marqeta MQ ... dd 6.08 –0.32 ...
17.09 5.27 GeospaceTech GEOS ... 6 12.08 –1.01 ... 10.02 6.02 HillmanSolns HLMN ... dd 9.71 +0.11 ... 2.87 0.99 Intercure INCR ... 14 1.88 –0.10 ... 0.35 0.02 LakeshoreII Rt LBBBR ... ... .23 –0.05 ... 252.17 153.56 Marriott MAR .8 25 250.28 +0.28 .52
36.01 24.85 GermanAmBncp GABC 3.2 12 33.62 +2.50 .27 8.20 5.22 HimaxTechs HIMX 8.2 20 5.76 +0.01 .48 119.86 66.82 InterDigital IDCC 1.5 14 105.25 –2.05 .40 1007.39 467.03 LamResearch LRCX .8 37 956.65 –24.882.00 11.75 10.15 MarsAcqn MARX ... 37 10.66 +0.01 ...
3.74 1.68 Geron GERN ... dd 2.25 –0.01 ... 257.00 147.01 HinghamSvg HIFS 1.5 14 173.00 +6.03 .63 15.91 6.51 Interface TILE .3 20 15.48 –0.14 .01 121.99 77.21 LamarAdv LAMR 4.4 24 118.16 +6.79 1.30 0.34 0.14 MarsAcqnRt MARXR ... ... .19 +0.01 ...
87.40 44.98 GibraltarInds ROCK ... 21 76.59 –1.11 ... 27.26 15.13 HollysysAuto HOLI ... 19 25.40 –0.36 ... 55.37 39.10 IntlBcshs IBOC 2.5 8 53.86 +2.52 .66 220.65 158.88 LancasterColony LANC 1.8 44 205.36 –0.89 .90 23.38 17.34 MartenTransport MRTN 1.3 22 18.89 +0.19 .06
43.56 4.86 GigaCloudTech GCT ... 19 34.38 –5.08 ... 87.88 64.02 Hologic HOLX ... 37 77.05 +3.40 ... 7.54 3.07 Intevac IVAC ... dd 3.82 –0.10 ... 21.78 15.70 LandmarkBncp LARK 4.2 9 20.18 +0.78 .21 3.30 1.95 MartinMidstream MMLP .8 dd 2.59 +0.25.005
7.16 4.51 GilatSatellite GILT ... 14 5.64 –0.23 ... 44.00 27.75 HomeBancorp HBCP 2.8 7 35.52 –0.53 .25 76.11 42.01 Intra-Cellular ITCI ... dd 67.48 –4.01 ... 208.62 161.13 LandstarSystem LSTR .7 25 186.37 –0.37 .33 85.76 36.64 MarvellTech MRVL .3 dd 75.42 –2.19 .06
87.87 71.37 GileadSciences GILD 4.1 17 75.12 +2.81 .77 22.43 4.20 HomeStreet HMST 2.6 dd 15.30 +1.07 .10 671.01 384.05 Intuit INTU .6 67 651.73 –14.79 .90 100.85 50.20 Lantheus LNTH ... 13 62.52 –2.12 ... 198.00 75.22 Masimo MASI ... 89 134.42 +7.93 ...
78.53 26.24 GitLab GTLB ... dd 57.70 –15.61 ... 30.99 18.02 HomeTrustBcshs HTBI 1.7 9 25.53 –0.39 .11 19.69 2.09 IntuitiveMachinesA LUNR ... 3 5.47 –0.38 ... 8.70 2.63 LanzaTechGlobal LNZA ... dd 3.18 –0.14 ... 33.55 19.22 MasterCraftBoat MCFT ... 7 21.20 –0.76 ...
11.28 8.87 GladstoneCap GLAD 9.6 7 10.30 +0.14.0825 1.50 0.46 HomologyMed FIXX ... dd .89 ... ... 403.00 222.65 IntuitiveSurgical ISRG ... 78 391.85 –6.05 ... 5.79 1.70 Largo LGO ... dd 1.71 –0.09 ... 49.24 27.85 MatchGroup MTCH ... 15 33.90 –2.01 ...
14.14 10.84 GladstoneComm GOOD 9.0 dd 13.27 +0.61 .10 4.89 1.06 Honest HNST ... dd 4.42 +1.37 ... 5.05 2.22 Inventiva IVA ... dd 3.87 –0.18 ... 13.68 2.18 LarimarTherap LRMR ... dd 10.20 –1.15 ... 10.20 4.93 Materialise MTLS ... 44 5.36 –0.02 ...
14.96 12.11 GladstoneInvt GAIN 6.8 7 14.06 +0.30 .08 210.87 174.88 Honeywell HON 2.2 24 200.75 +2.08 1.08 18.54 9.07 Investar ISTR 2.5 9 16.05 +0.30 .10 4.77 2.04 Latham SWIM ... dd 3.38 +0.14 ... 13.20 4.58 MatrixService MTRX ... dd 13.07 +1.08 ...
17.48 12.73 GladstoneLand LAND 4.2 dd 13.30 +0.17.0465 27.15 14.73 HookerFurnishings HOFT 4.0 dd 23.08 –1.50 .23 4.50 3.02 InvestcpCredit ICMB14.4 dd 3.34 –0.05 .03 98.30 51.96 LatticeSemi LSCC ... 43 80.45 +2.25 ... 22.64 15.36 Mattel MAT ... 33 19.79 +0.27 ...
12.00 10.25 GlblBlockchain GBBK ... 54 10.77 +0.03 ... 12.51 7.42 HopeBancorp HOPE 4.9 10 11.32 +0.42 .14 11.15 10.41 InvestcorpEur I A IVCB ... dd 11.14 +0.02 ... 14.81 11.11 LaureateEduc LAUR .0 20 13.62 +0.12 .70 3.78 1.84 Matterport MTTR ... dd 1.97 –0.15 ...
0.55 0.05 GlbBlockchainRt GBBKR ... ... .07 +0.01 ... 14.71 7.69 HorizonBancorp HBNC 5.1 20 12.51 +0.53 .16 11.31 10.48 InvestcorpIndiaA IVCA ... 35 11.15 +0.03 ... 9.00 4.72 Lavoro LVRO ... ... 6.61 –0.14 ... 48.86 27.37 MatthewsIntl MATW 3.2 28 29.63 +1.08 .24
45.72 24.26 Global-EOnline GLBE ... dd 33.70 –0.28 ... 10.85 10.18 HorizonSpaceI HSPO ... 44 10.84 +0.04 ... 171.60 127.71 InvestorsTitle ITIC 1.2 14 157.25 +1.27 .46 7.35 3.97 LeadRealEstate LRE ... 19 5.34 +0.71 ... 5.55 2.45 MaxCyte MXCT ... dd 3.94 –0.77 ...
10.32 10.04 GlobalLightsAcqn GLAC ... ... 10.17 +0.01 ... 0.32 0.04 HorizonSpaceI Rt HSPOR ... ... .08 –0.02 ... 5.20 0.98 Invivyd IVVD ... dd 3.69 –0.38 ... 9.99 1.76 LeddarTech LDTC ... dd 4.00 –0.09 ... 38.91 3.62 MaxeonSolar MAXN ... dd 3.69 –0.57 ...
10.91 10.24 GlobalStarA GLST ... 86 10.67 +0.01 ... 13.73 10.14 HorizonTechFin HRZN11.2 dd 11.76 –0.14 .11 54.44 32.69 IonisPharm IONS ... dd 43.99 –1.47 ... 16.18 7.56 LeeEnterprises LEE ... dd 11.01 +1.45 ... 36.04 13.43 MaxLinear MXL ... dd 20.97 +0.67 ...
0.17 0.02 GlobalStarRt GLSTR ... ... .08 –0.03 ... 21.31 14.51 HostHotels HST 3.8 20 20.88 –0.07 .20 18.33 3.21 IovanceBiotherap IOVA ... dd 15.70 –1.09 ... 26.30 17.67 LegacyHousing LEGH ... 9 25.38 –0.22 ... 130.86 85.63 McGrathRent MGRC 1.6 26 122.11 –2.61 .475
13.43 9.34 GlobalWaterRscs GWRS 2.3 40 13.10 +0.13.0251 31.00 1.03 HubCyberSecurity HUBC ... ... 1.23 –0.10 ... 7.52 3.06 iQIYI IQ ... 14 3.94 +0.12 ... 15.68 6.89 LegalZoom LZ ... cc 13.38 +0.74 ... 10.49 5.64 MedallionFinl MFIN 4.9 3 8.09 +0.11 .10
72.37 48.12 GlobalFoundries GFS ... 29 52.41 –3.25 ... 47.59 31.73 HubGroup HUBG 1.2 9 42.52 +0.34 .125 140.23 70.24 iRhythmTechs IRTC ... dd 111.66 –8.86 ... 77.32 42.91 LegendBiotech LEGN ... dd 63.25 –2.28 ... 2.66 1.26 MediciNova MNOV ... dd 1.40 +0.05 ...
11.80 10.32 GlobalinkInvt GLLI ... 71 10.91 +0.04 ... 10.71 10.18 HudsonAcqnI HUDA ... dd 10.52 +0.02 ... 3.48 1.31 Iridex IRIX ... dd 2.61 –0.03 ... 74.64 44.27 LeMaitreVascular LMAT 1.0 50 67.20 –0.36 .16 17.25 7.10 MediWound MDWD ... dd 17.11 +2.91 ...
0.19 0.04 GlobalinkInvtRt GLLIR ... ... .11 –0.01 ... 0.46 0.10 HudsonAcqnIRt HUDAR ... ... .19 +0.02 ... 68.34 27.89 IridiumComm IRDM 1.8 cc 28.49 –1.22 .13 42.51 10.12 LendingTree TREE ... dd 41.63 +1.65 ... 419.42 167.00 Medpace MEDP ... 46 405.65 +1.41 ...
3.53 1.11 GlycoMimetics GLYC ... dd 2.73 –0.28 ... 24.40 13.75 HudsonGlobal HSON ... 29 14.26 –0.01 ... 9.69 2.21 IrisEnergy IREN ... ... 5.35 –0.64 ... 24.00 10.80 LeonardoDRS DRS ... 37 23.41 +0.57 ... 22.57 0.64 MeihuaIntlMed MHUA ... 3 .73 +0.04 ...
17.94 7.76 Gogo GOGO ... 8 8.88 +0.47 ... 2.08 0.53 HuizeHolding HUIZ ... 4 .66 –0.04 ... 51.49 10.00 iRobot IRBT ... dd 10.42 –0.78 ... 4.89 3.00 LesakaTech LSAK ... dd 3.65 +0.14 ... 8.35 3.49 MeiraGTx MGTX ... dd 6.37 –0.04 ...
4.19 1.40 Gogoro GGR ... dd 1.42 –0.17 ... 5.60 1.96 Humacyte HUMA ... dd 3.37 +0.13 ... 10.05 9.97 IronHorseAcqns IROH ... ... 9.97 –0.01 ... 12.25 4.39 Leslie's LESL ... 81 7.79 –0.01 ... 14.46 6.62 MelcoResorts MLCO ... dd 7.30 +0.18 ...
25.06 19.62 GolarLNG GLNG 4.7 dd 21.23 +0.45 .25 219.51 163.66 JBHunt JBHT .9 29 200.60 –2.73 .43 0.22 0.18 IronHorseAcqnsRt IROHR ... ... .19 +0.01 ... 22.33 9.00 LexeoTherap LXEO ... ... 15.13 +0.26 ... 1825.00 1063.02 MercadoLibre MELI ... 78 1512.50 –100.25 ...
47.50 30.38 GoldenEnt GDEN 3.0 4 32.87 –1.39 .25 13.77 9.13 HuntingtonBcshs HBAN 4.6 11 13.50 +0.55 .155 15.70 8.07 IronwoodPharm IRWD ... dd 9.01 –0.05 ... 3.79 0.92 LexiconPharm LXRX ... dd 2.17 –0.31 ... 42.82 23.89 MercantileBank MBWM 3.8 7 37.23 +0.85 .35
13.95 6.89 GoldenOcean GOGL 4.3 25 13.93 +0.68 .30 28.93 19.29 Hurco HURC 3.0 cc 21.23 –4.63 .16 11.51 10.16 IsraelAcqns ISRL ... 50 10.76 +0.03 ... 3.01 1.62 LexinFintech LX 5.8 2 1.77 –0.11 .116 10.68 7.01 MercerIntl MERC 3.0 dd 10.01 +0.52 .075
10.61 10.14 GoldenStarAcqn GODN ... ... 10.60 +0.05 ... 18.24 8.20 iTeosTherap ITOS ... dd 12.39 +1.12 ... 47.33 20.80 LiAuto LI ... 24 36.34 –7.20 ... 52.95 25.31 MercurySystems MRCY ... dd 31.08 +1.35 ...
113.31 70.66 HuronConsulting HURN ... 31 99.00 –0.40 ...
1.00 0.14 GoldenStarAcqnRt GODNR ... ... .26 +0.04 ... 96.73 50.41 Itron ITRI ... 45 94.95 +1.77 ... 4.96 1.33 LianBio LIAN .0 dd 4.93 +0.054.80 16.13 7.80 Meridian MRBK 5.0 9 10.05 +0.46 .125
22.75 6.05 Hut8 HUT ... dd 7.93 –0.99 ...
16.09 12.27 GolubCapital GBDC 9.9 9 15.71 +0.21 .39 31.01 20.35 IturanLocation ITRN 3.5 11 26.35 +0.03 .39 95.61 55.19 LibertyBroadbandA LBRDA ... 12 56.61 –3.68 ... 85.62 62.58 MeritMedical MMSI ... 46 75.20 –1.06 ...
2.01 0.67 Hydrofarm HYFM ... dd .82 –0.10 ...
9.37 4.14 GoodRx GDRX ... dd 7.39 –0.96 ... 3.28 0.91 Hyperfine HYPR ... dd 1.20 +0.09 ... J 95.68 55.19 LibertyBroadbandC LBRDK ... 12 56.89 –3.49 ... 15.89 11.25 MerrimackPharm MACK ... dd 14.72 –0.02 ...
16.51 9.86 Goodyear GT ... dd 12.26 +0.53 ... 7.50 1.04 Hywin HYW ... 2 1.35 +0.01 ... 20.56 15.01 LibertyGlobalA LBTYA ... dd 17.36 –0.03 ... 9.62 0.80 MersanaTherap MRSN ... dd 5.78 –0.16 ...
36.84 13.67 JakksPacific JAKK ... 6 22.35 –3.28 ...
92.76 46.77 GooseheadIns GSHD ... cc 79.29 +4.44 ... 2.17 0.45 HyzonMotors HYZN ... dd .65 +0.02 ... 21.77 15.47 LibertyGlobalB LBTYB ... dd 17.45 –0.25 ... 52.04 17.15 Merus MRUS ... dd 46.55 –5.27 ...
177.71 138.17 J&JSnackFoods JJSF 2.0 35 144.85 +1.91 .735
5.16 2.15 GoPro GPRO ... dd 2.35 –0.02 ... 21.83 16.27 LibertyGlobalC LBTYK ... dd 18.17 –0.16 ... 3.53 0.40 MesaAir MESA ... dd .88 –0.07 ...
I 45.16 20.82 JD.com JD 2.4 11 24.75 +1.75 .62
11.10 9.96 GoresIX A GHIX ... cc 10.53 ... ... 9.85 5.90 LibertyLatAmA LILA ... dd 6.33 –0.10 ... 187.75 82.86 MesaLabs MLAB .6 cc 112.00 +2.57 .16
29.95 1.72 J-Long JL .0 ... 1.89 –0.42 .19
1.88 0.45 GossamerBio GOSS ... dd 1.38 ... ... 69.85 41.39 IAC IAC ... 21 51.72 –5.25 ... 9.74 5.95 LibertyLatAmC LILAK ... dd 6.40 –0.09 ... 10.24 1.61 Mesoblast MESO ... dd 2.15 +0.11 ...
43.20 24.12 Joyy YY 5.8 dd 29.49 –2.88 .20
3.92 2.65 Grab GRAB ... dd 3.08 –0.02 ... 27.62 11.45 IBEX IBEX ... 10 15.38 –0.74 ... 69.48 55.08 LibertyFormOne A FWONA ... cc 63.96 –1.98 ... 523.57 174.82 MetaPlatforms META .4 34 505.95 +3.65 .50
178.37 136.57 JackHenry JKHY 1.3 34 174.65 +2.69 .55
144.94 99.65 GrandCanyonEduc LOPE ... 20 132.80 –1.91 ... 158.00 104.19 ICF Intl ICFI .4 36 154.95 –0.88 .14 39.89 29.48 LibertyLiveA LLYVA ... ... 38.57 –0.42 ... 12.74 9.74 Metagenomi MGX ... ... 11.78 –0.22 ...
99.56 60.43 JackintheBox JACK 2.4 13 72.46 –2.16 .44
3.53 2.01 GraphiteBio GRPH ... dd 3.14 –0.25 ... 212.43 78.28 ICU Medical ICUI ... dd 104.52 –0.87 ... 78.58 60.95 LibertyFormOne C FWONK ... cc 71.31 –1.99 ... 11.19 10.32 MetalSkyStar MSSA ... 44 11.12 +0.05 ...
23.10 8.01 JamesRiver JRVR 2.1 dd 9.41 –0.39 .05
11.82 7.51 GreatElmCap GECC13.1 3 10.70 ... .35 47.74 13.29 IDEAYA Bio IDYA ... dd 45.56 –0.66 ... 41.34 29.63 LibertyLiveC LLYVK ... ... 40.01 –0.30 ... 0.22 0.07 MetalSkyStarRt MSSAR ... ... .11 –0.03 ...
22.89 14.83 JamfHolding JAMF ... dd 17.78 +0.18 ...
2.41 1.59 GreatElm GEG ... 7 1.93 –0.04 ... 583.39 372.50 IdexxLab IDXX ... 56 561.41 –15.46 ... 31.69 22.01 LibertySirius A LSXMA ... 16 29.91 +1.19 ... 49.48 38.18 Methanex MEOH 1.8 16 41.61 –2.64 .185
58.69 5.65 JanuxTherap JANX ... dd 39.81 –7.86 ...
9.78 4.75 GreatLakesDredge GLDD ... 43 8.83 –0.32 ... 117.75 40.00 IES Holdings IESC ... 22 113.55 +0.37 ... 31.53 22.19 LibertySirius B LSXMB ... 16 30.10 +1.12 ... 26.23 13.10 MetroCityBkshs MCBS 3.3 12 24.48 +0.55 .20
147.98 111.25 JazzPharm JAZZ ... 20 117.53 –1.32 ...
61.94 45.39 GreatSouthernBncp GSBC 3.1 9 52.39 +0.82 .40 19.99 3.81 IGM Biosci IGMS ... dd 12.51 –0.14 ... 31.67 22.24 LibertySirius C LSXMK ... 16 29.75 +1.19 ... 94.30 68.75 MicrochipTech MCHP 2.0 21 88.84 +1.84 .45
17.50 0.76 Jet.AI JTAI ... 8 .91 –0.07 ...
36.02 19.44 GreenPlains GPRE ... dd 20.67 –0.59 ... 4.03 1.16 I-Mab IMAB ... ... 1.85 +0.06 ... 11.10 10.45 LibertyRscsA LIBY ... cc 11.06 ... ... 101.85 52.76 MicronTech MU .5 dd 97.62 +2.47 .115
9.45 3.42 JetBlue JBLU ... dd 7.19 +0.72 ...
9.26 1.55 GreenidgeGen GREE ... dd 3.77 ... ... 3.95 0.65 IN8bio INAB ... dd 1.30 +0.21 ... 11.46 1.52 LifecoreBiomed LFCR ... dd 7.93 –0.47 ... 420.82 245.73 Microsoft MSFT .7 37 406.22 –9.28 .75
48.81 17.11 JFrog FROG ... dd 42.38 –2.63 ...
12.89 9.23 GreenlightCapRe GLRE ... 5 12.08 –0.32 ... 2.64 0.82 IO Biotech IOBT ... dd 1.82 +0.06 ... 9.11 1.14 LifeMD LFMD ... dd 8.00 ... ... 1451.73 188.30 MicroStrategy MSTR ... 51 1425.59 +346.20 ...
5.37 1.54 JianzhiEduc JZ ... ... 1.84 +0.10 ...
12.15 5.30 Grifols GRFS ... cc 7.00 –0.06 ... 141.85 83.00 IPG Photonics IPGP ... 20 90.24 +2.57 ... 9.59 4.74 LifeStanceHealth LFST ... dd 7.21 –0.57 ... 2.91 0.70 Microvast MVST ... dd .71 –0.10 ...
8.19 2.41 Jiayin JFIN 11.9 2 6.41 +0.43 .40
14.90 6.80 GrindrodShipping GRIN 1.4 dd 8.80 –0.171.016 25.70 17.54 i3Verticals IIIV ... dd 22.36 +0.83 ... 10.58 4.31 LifetimeBrands LCUT 1.7 dd 9.76 –0.04.0425 8.20 1.82 MicroVision MVIS ... dd 2.47 +0.16 ...
64.71 42.81 JohnsonOutdoors JOUT 3.0 26 43.90 –1.93 .33
3.33 1.14 Gritstone GRTS ... dd 2.65 +0.63 ... 52.93 15.00 IcahnEnterprises IEP 27.6 dd 18.09 –1.88 1.00 17.33 5.61 LifewayFoods LWAY ... 22 11.56 –0.76 ... 28.51 18.25 MidPennBancorp MPB 4.0 9 20.17 –0.25 .20
46.43 22.26 Ichor ICHR ... dd 43.18 –0.92 ... K 94.57 49.24 LigandPharm LGND ... 25 73.77 –4.93 ... 15.03 10.39 MidCapFin MFIC10.3 8 14.81 +0.07 .38
36.54 23.41 GroceryOutlet GO ... 33 25.93 –0.45 ...
19.52 2.89 Groupon GRPN ... dd 18.98 +0.06 ... 4.01 1.36 iClickInteract ICLK ... ... 3.90 +0.02 ... 729.15 355.88 KLA KLAC .8 36 699.21 –18.36 1.45 103.11 53.77 Light&Wonder LNW ... 57 101.34 –1.10 ... 156.39 109.59 Middleby MIDD ... 21 153.87 –0.28 ...
100.21 50.23 GrAeroportuario OMAB ... 15 68.01 –2.03 ... 344.77 181.92 Icon ICLR ... 45 334.64 +9.13 ... 15.62 7.33 KLX Energy KLXE ... 6 7.39 –0.89 ... 1.90 0.37 Lilium LILM ... ... .96 ... ... 84.38 48.59 MiddlesexWater MSEX 2.5 30 52.36 +1.06 .325
41.06 18.23 GuardantHealth GH ... dd 19.73 +0.76 ... 5.21 1.78 iHeartMedia IHRT ... dd 2.30 +0.04 ... 12.10 4.30 KVH Inds KVHI ... dd 4.74 +0.02 ... 21.62 13.88 Limoneira LMNR 1.6 dd 18.59 +0.62 .075 28.47 17.98 MidlandStBncp MSBI 5.1 8 24.55 +0.65 .31
6.75 2.95 GulfIslandFab GIFI ... dd 6.56 +1.51 ... 7.64 1.02 IkenaOncology IKNA ... dd 1.60 +0.13 ... 88.41 53.67 KaiserAlum KALU 4.1 26 75.46 +1.87 .77 10.68 5.05 LincolnEduc LINC ... 12 9.98 –0.02 ... 27.78 17.80 MidWestOneFin MOFG 4.3 17 22.45 –0.18.2425
3.13 0.85 GulfResources GURE ... dd 1.38 –0.02 ... 238.55 89.00 Illumina ILMN ... dd 135.43 –5.07 ... 2.27 1.17 Kaltura KLTR ... dd 1.35 –0.06 ... 259.04 152.36 LincolnElectric LECO 1.1 27 254.43 +0.24 .71 4.49 1.33 MilestonePharm MIST ... dd 1.51 –0.10 ...
9.25 5.94 Immersion IMMR 1.9 7 7.15 +0.32.045 16.88 6.26 KalVistaPharm KALV ... dd 14.36 +0.22 ... 467.77 324.11 Linde LIN 1.2 37 462.55 +13.34 1.39 31.33 13.20 MillerKnoll MLKN 2.5 45 30.35 +0.67.1875
H 14.29 4.56 Immuneering IMRX ... dd 6.56 +0.41 ... 6.53 4.08 Kamada KMDA ... 41 6.05 –0.32 ... 21.10 11.97 LiquiditySvcs LQDT ... 30 17.77 –0.22 ... 20.12 14.46 MillicomIntl TIGO ... dd 18.23 –0.10 ...
60.50 32.33 H&E Equipment HEES 1.9 13 58.44 +0.98 .275 3.11 0.95 Immunic IMUX ... dd 1.53 +0.08 ... 4.27 2.22 KandiTech KNDI ... dd 2.35 –0.11 ... 309.94 212.80 Littelfuse LFUS 1.1 23 238.37 –0.63 .65 2.42 1.82 Mind CTI MNDO 11.1 9 2.16 +0.11 .24
21.87 16.33 HBT Finl HBT 3.9 9 19.43 +0.54 .19 6.93 1.21 ImmunityBio IBRX ... dd 5.49 +0.78 ... 20.01 12.57 Kanzhun BZ .0 95 16.97 +0.63 .18 59.86 40.26 LivaNova LIVN ... cc 53.73 –1.51 ... 11.10 2.41 MindMed MNMD ... dd 9.70 +3.47 ...
11.50 3.60 HCM Acqn A HCMA ... 82 7.50 +2.50 ... 76.98 42.21 Immunocore IMCR ... dd 61.61 –5.80 ... 30.94 12.54 KaratPkg KRT 2.7 18 29.26 –0.84 .30 9.90 0.98 LivePerson LPSN ... dd 1.18 –0.12 ... 17.70 5.85 MineralysTherap MLYS ... dd 14.10 –1.24 ...
2.32 0.91 HCW Biologics HCWB ... dd 1.67 +0.14 ... 4.22 0.94 ImmunoPrecise IPA ... dd 1.84 –0.04 ... 321.45 158.38 KarunaTherap KRTX ... dd 319.95 +3.71 ... 7.06 0.40 LixiangEduc LXEH ... dd 4.22 –1.68 ... 35.56 20.81 MirumPharm MIRM ... dd 28.15 –1.12 ...
44 BARRON’S March 11, 2024

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
13.99 8.19 MissionProduce AVO ... dd 11.01 +0.28 ... 34.50 23.00 NorwoodFin NWFL 4.5 13 26.61 +0.10 .30 129.70 104.09 Paychex PAYX 2.9 27 120.82 –1.41 .89 98.67 41.75 QuidelOrtho QDEL ... dd 46.26 +0.73 ... 628.34 244.69 Saia SAIA ... 44 583.67 +4.11 ...
47.41 23.49 Mobileye MBLY ... dd 27.60 +0.55 ... 190.51 87.85 Nova NVMI ... 41 175.33 –8.33 ... 27.51 17.13 PaycorHCM PYCR ... dd 19.63 –1.27 ... 1.93 0.79 QuinceTherap QNCX ... dd 1.17 –0.12 ... 12.00 2.75 SanaBiotech SANA ... dd 9.50 –1.77 ...
12.50 1.17 MobixLabs MOBX ... dd 1.42 –0.53 ... 187.61 111.20 Novanta NOVT ... 87 176.54 +1.26 ... 230.52 139.40 Paylocity PCTY ... 55 163.74 –4.94 ... 16.13 6.79 QuinStreet QNST ... dd 15.12 +0.34 ... 29.98 19.27 SandySpringBncp SASR 6.1 8 22.39 +0.62 .34
163.24 62.55 Moderna MRNA ... dd 103.03 +7.97 ... 11.36 3.53 Novavax NVAX ... dd 5.45 +0.06 ... 6.78 4.02 Payoneer PAYO ... 19 4.60 –0.34 ... 9.50 3.69 QurateRetailB QRTEB ... dd 4.85 –0.31 ... 127.26 89.01 Sanfilippo JBSS .8 18 102.92 +2.45 1.20
90.50 24.00 ModivCare MODV ... dd 33.14 +4.83 ... 83.60 10.87 Novocure NVCR ... dd 16.54 +0.29 ... 77.95 50.25 PayPal PYPL ... 15 59.01 –1.53 ... 1.80 0.40 QurateRetailA QRTEA ... dd 1.36 –0.05 ... 2.35 0.29 SangamoTherap SGMO ... dd .91 –0.20 ...
7.32 3.53 MolecularPtrs MOLN ... dd 4.17 +0.01 ... 4.19 1.40 Novonix NVX ... dd 2.51 –0.04 ... 35.08 21.58 PeapackGladFin PGC .8 9 24.25 +0.45 .05 R 4.97 2.18 SangomaTechs SANG ... dd 4.65 +0.71 ...
77.64 56.25 MonarchCasino MCRI 1.7 17 69.39 +0.77 .30 10.99 0.76 Nukkleus NUKK ... dd .80 –0.14 ... 11.00 10.32 PearlHldgsAcqnA PRLH ... 32 10.75 +0.05 ... 69.69 43.41 Sanmina SANM ... 14 64.86 –0.23 ...
16.11 4.22 NurixTherap NRIX ... dd 14.85 +1.29 ... 69.26 37.66 Pegasystems PEGA .2 91 64.49 –2.12 .03 29.00 6.86 RaptTherap RAPT ... dd 9.08 +0.10 ... 57.82 42.63 Sanofi SNY ... 21 48.25 +0.96 ...
239.22 108.35 monday.com MNDY ... dd 220.45 –8.47 ...
66.99 23.35 Nutanix NTNX ... dd 65.85 +1.45 ... 12.59 3.96 Peloton PTON ... dd 4.68 +0.08 ... 20.22 8.62 RBB Bancorp RBB 3.6 8 17.67 +0.40 .16 31.39 18.86 SapiensIntl SPNS 1.7 27 30.17 –0.81 .26
14.25 1.92 Mondee MOND ... dd 2.46 +0.13 ...
89.35 23.10 Nuvalent NUVL ... dd 84.39 –2.78 ... 19.22 10.31 Pennant PNTG ... 42 18.39 +0.11 ... 83.07 50.43 RCI Hospitality RICK .4 20 55.89 –1.03 .06 3.25 0.40 SarcosTech&Robotic STRC ... dd 1.67 +0.31 ...
78.59 60.75 Mondelez MDLZ 2.4 20 71.85 –0.52 .425
25.29 25.21 NuvPfd&Incm NPFI ... ... 25.29 +0.07 ... 27.59 18.75 PennsWoodsBncp PWOD 6.5 9 19.59 +0.21 .32 32.15 10.11 RCM Tech RCMT ... 15 27.73 –0.51 ... 159.89 55.25 SareptaTherap SRPT ... dd 124.37 –4.30 ...
10.43 0.74 MoneyHero MNY ... dd 1.82 –0.32 ...
43.81 13.32 Nuvei NVEI 1.7 dd 23.30 –3.14 .10 34.85 23.05 PeoplesBncpOH PEBO 5.5 8 28.53 +0.62 .39 28.80 11.83 REGENXBIO RGNX ... dd 22.75 +1.56 ... 5.70 1.63 Savara SVRA ... dd 5.30 +0.14 ...
509.62 189.59 MongoDB MDB ... dd 383.42 –53.42 ...
974.00 222.97 NVIDIA NVDA .0 73 875.28 +52.49 .04 34.50 16.35 PeoplesBncpNC PEBK 2.7 10 27.83 +1.25 .19 11.70 10.26 RF Acqn A RFAC ... cc 10.89 +0.09 ... 45.10 26.14 ScanSource SCSC ... 13 43.70 –0.24 ...
778.15 383.19 MonolithicPower MPWR .7 84 732.21 –11.54 1.25
17.80 4.00 Nyxoah NYXH ... dd 16.02 +1.25 ... 49.99 30.60 PeoplesFinSvcs PFIS 4.0 11 41.22 +1.96 .41 0.21 0.01 RF Acqn Rt RFACR ... ... .10 +0.03 ... 21.17 5.56 ScholarRock SRRK ... dd 16.98 +1.30 ...
50.20 22.72 Monro MNRO 3.5 31 32.46 –0.90 .28
20.00 3.72 PepGen PEPG ... dd 14.24 –2.38 ... 5.08 2.51 RF Industries RFIL ... dd 3.21 –0.07 ... 45.98 30.50 Scholastic SCHL 2.1 22 38.99 –0.34 .20
60.47 47.13 MonsterBev MNST ... 38 59.18 +0.39 ... O 24.45 15.36 RGC Resources RGCO 3.9 16 20.34 +1.43 .20
8.83 2.44 MonteRosaTherap GLUE ... dd 6.29 –0.01 ... 196.88 155.83 PepsiCo PEP 3.1 25 163.05 –1.541.265 59.24 20.76 Schrodinger SDGR ... 52 27.16 +0.35 ...
56.00 24.12 OddityTech ODD ... cc 44.88 +0.61 ... 18.70 8.87 R1 RCM RCM ... cc 13.88 –0.12 ...
10.99 10.20 MontereyCapA MCAC ... dd 10.99 +0.02 ... 19.62 11.50 PerdoceoEduc PRDO 2.5 8 17.55 +0.02 .11 145.17 95.43 ScienceApplicat SAIC 1.0 15 141.57 +0.76 .37
58.98 39.36 ODP ODP ... 15 51.47 –2.94 ... 3.10 1.05 RackspaceTech RXT ... dd 2.03 –0.14 ...
0.30 0.01 MontereyCapRt MCACR ... ... .15 –0.01 ... 13.99 6.80 PerellaWeinberg PWP 2.1 dd 13.34 –0.20 .07 12.75 4.63 scPharm SCPH ... dd 5.38 –0.74 ...
111.35 61.47 ON Semi ON ... 16 78.95 –2.19 ... 36.64 19.15 RadiusRecycling RDUS 3.9 dd 19.34 –1.85.1875
316.05 163.28 Morningstar MORN .5 94 308.59 +10.34.405 96.93 51.23 Perficient PRFT ... 23 63.53 –1.28 ... 11.07 9.59 ScreamingEagleA SCRM ... 60 10.67 ... ...
11.49 7.50 OP Bancorp OPBK 4.6 7 10.46 +0.26 .12 49.41 22.70 RadNet RDNT ... cc 46.51 +2.16 ...
63.08 19.35 Morphic MORF ... dd 37.18 –2.35 ... 3.61 2.00 PerformantFin PFMT ... dd 3.00 +0.06 ... 11.02 3.71 ScrippsEW SSP ... dd 4.26 +0.50 ...
2.24 0.85 OPKO Health OPK ... dd .96 –0.04 ... 23.35 13.53 Radware RDWR ... dd 18.37 +0.46 ...
17.94 3.65 MorphoSys MOR ... 31 17.91 +0.21 ... 42.75 21.87 PerionNetwork PERI ... 9 21.89 –1.47 ... 29.98 17.93 SeacoastBkgFL SBCF 2.9 21 25.11 +1.08 .18
1098.95 795.75 OReillyAuto ORLY ... 28 1084.20 –1.25 ... 9.14 1.23 Rallybio RLYB ... dd 1.87 –0.49 ...
10.50 4.26 MotorcarParts MPAA ... dd 8.53 –0.46 ... 11.19 6.17 Perma-PipeIntl PPIH ... 12 7.64 ... ... 101.26 54.32 Seagate STX 3.0 dd 92.69 –4.47 .70
139.90 89.72 OSI Systems OSIS ... 20 132.52 +0.10 ... 22.70 5.94 RamacoRscsA METC 2.7 14 20.68 +2.69 .125
11.46 10.62 MountainI A MCAA ... 50 11.46 +0.05 ... 3.27 0.89 Personalis PSNL ... dd 1.65 –0.04 ... 10.06 5.40 SecureWorks SCWX ... dd 6.36 –0.39 ...
21.64 17.70 OaktreeSpec OCSL11.2 13 19.72 +0.05 .55 19.80 8.50 RamacoRscsB METCB 7.5 10 12.90 +0.87.2416
3.10 0.23 Movella MVLA ... dd .26 –0.12 ... 10.76 2.34 PetcoHealth WOOF ... dd 2.66 +0.06 ... 9.75 5.35 SecurityNatFin SNFCA ... 6 8.17 –0.16 ...
2.71 0.44 Oatly OTLY ... dd 1.01 –0.07 ... 76.38 40.48 Rambus RMBS ... 21 63.76 –0.73 ...
14.00 1.89 MultiSensorAI MSAI ... dd 4.22 +1.53 ... 22.98 10.73 PetIQ PETQ ... cc 16.32 –1.05 ... 5.65 1.46 Seer SEER ... dd 2.09 +0.27 ...
21.69 12.01 OceanFirstFin OCFC 5.2 9 15.32 +0.45 .20 6.48 1.82 RaniTherap RANI ... dd 3.79 +0.10 ...
17.00 3.23 MuralOncology MURA ... ... 5.40 +0.01 ... 18.39 4.84 PetMedExpress PETS23.9 dd 5.02 +0.01 .30 108.18 88.60 SelectiveIns SIGI 1.3 18 104.52 +0.58 .35
11.31 2.00 OcularTherapeutix OCUL ... dd 9.98 –0.77 ... 1.48 0.74 RapidMicro RPID ... dd .98 ... ...
7.60 3.01 Mynaric MYNA ... dd 4.11 –0.19 ... 17.81 9.65 Pharming PHAR ... dd 11.51 +0.14 ... 4.96 0.52 Semantix STIX ... dd .80 +0.07 ...
14.50 6.26 Oculis OCS ... ... 11.61 –0.39 ... 61.88 37.29 Rapid7 RPD ... dd 53.90 –4.70 ...
24.21 13.82 MyriadGenetics MYGN ... dd 22.61 +0.43 ... 33.00 6.02 Pharvaris PHVS ... dd 26.47 +2.31 ... 33.15 13.13 Semtech SMTC ... dd 23.35 +1.05 ...
14.55 2.22 OfficePropIncm OPI 1.8 dd 2.26 –0.21 .01 5.21 0.67 RealGoodFood RGF ... dd .69 –0.41 ...
N 17.02 5.84 PhathomPharm PHAT ... dd 8.88 –1.81 ... 59.99 32.50 SenecaFoods A SENEA ... 11 50.92 –0.93 ...
26.46 21.67 OhioValleyBanc OVBC 3.7 9 24.00 –1.24 .22 4.10 1.00 RealReal REAL ... dd 3.66 +0.90 ...
45.50 32.00 Phenixfin PFX ... 3 44.63 –0.85 ... 58.00 31.51 SenecaFoods B SENEB ... 11 50.11 –0.24 ...
46.26 17.76 Napco Security NSSC 1.0 35 40.76 –4.39 .10 114.50 65.04 Okta OKTA ... dd 110.30 +1.81 ... 16.75 4.54 RecursionPharm RXRX ... dd 11.19 –1.62 ...
15.98 9.40 PhibroAnimal PAHC 3.7 35 12.89 –0.50 .12 1.93 0.51 SenseiBiotherap SNSE ... dd 1.01 +0.16 ...
43.77 27.53 NBT Bancorp NBTB 3.6 13 35.09 +0.73 .32 4.30 1.35 Olaplex OLPX ... 21 1.92 +0.10 ... 58.00 43.50 RedRiverBcshs RRBI .7 10 49.73 +0.41 .09
37.92 27.85 PhillipsEdison PECO 3.3 77 35.97 +0.46.0975 1.79 1.09 SenstarTech SNT ... 21 1.14 +0.01 ...
4.69 0.60 NGM Biopharm NGM ... dd 1.53 +0.01 ... 452.34 295.80 OldDomFreight ODFL .5 38 428.29 –15.99 .26 16.50 6.95 RedRobin RRGB ... dd 7.18 –0.40 ...
34.16 13.86 Photronics PLAB ... 13 28.86 –0.83 ... 9.97 1.52 SeraPrognostics SERA ... dd 9.53 +0.19 ...
253.00 149.54 NICE NICE ... 47 239.03 –9.72 ... 17.64 11.66 OldNatlBncp ONB 3.3 9 16.78 +0.39 .14 59.62 37.82 RedRockResorts RRR 1.7 23 57.26 –0.63 .25
32.63 19.96 Pilgrim'sPride PPC ... 24 32.39 +0.30 ... 6.87 0.91 SeresTherap MCRB ... dd .97 –0.26 ...
32.50 20.61 NMI Holdings NMIH ... 8 29.27 –0.78 ... 16.76 10.79 Old2ndBcp OSBC 1.5 7 13.73 +0.36 .05 17.68 4.26 Redfin RDFN ... dd 7.07 +0.07 ...
92.33 43.31 PinnacleFinPtrs PNFP 1.1 12 83.64 +2.74 .22 10.80 6.38 ServiceProperties SVC 12.1 dd 6.59 –0.13 .20
5.40 0.97 NN NNBR ... dd 4.86 +0.01 ... 17.79 3.00 OlemaPharm OLMA ... dd 13.00 –1.80 ... 11.23 9.50 RedwoodsAcqn RWOD ... 76 10.53 –0.41 ...
1.45 0.55 PintecTech PT ... dd 1.17 –0.03 ... 7.13 1.41 17Educ&Tech YQ ... dd 3.14 +0.27 ...
119.56 89.30 NV5Global NVEE ... 34 98.63 –3.22 ... 26.01 14.10 OlinkHolding OLK ... dd 23.65 +0.64 ... 0.25 0.03 RedwoodsAcqnRt RWODR ... ... .25 +0.10 ...
3.08 1.01 Pixelworks PXLW ... dd 2.80 –0.01 ... 5.53 1.62 Shapeways SHPW ... dd 1.95 +0.08 ...
264.26 155.31 NXP Semicon NXPI 1.6 24 252.03 –5.481.014 84.38 50.95 Ollie'sBargain OLLI ... 29 74.55 –4.41 ... 68.47 54.72 RegencyCtrs REG 4.3 30 61.87 +0.12 .67
16.88 11.28 PlainsAllAmPipe PAA 7.6 12 16.72 +0.13.3175 2.35 0.77 Sharecare SHCR ... dd .95 ... ...
11.00 10.12 NaborsEnerIIA NETD ... ... 10.45 +0.01 ... 73.49 40.85 OlympicSteel ZEUS .9 17 63.98 –3.42 .15 998.33 684.81 RegenPharm REGN ... 28 968.83 –13.99 ...
17.54 11.79 PlainsGP PAGP 7.3 17 17.43 +0.12.3175 11.11 1.33 ShattuckLabs STTK ... dd 9.13 –0.52 ...
4.75 0.97 NanoLabs NA ... ... 1.80 –0.36 ... 117.63 63.43 OmegaFlex OFLX 1.9 34 69.91 +0.50 .33 28.00 5.70 Regis RGS ... dd 9.04 +0.79 ...
9.77 6.88 PlayaHotels PLYA ... 28 9.56 +0.25 ... 25.51 17.57 ShenandoahTel SHEN .5 cc 18.32 –0.20 .09
22.69 4.89 NanoXImaging NNOX ... dd 10.21 –0.91 ... 10.09 1.30 OmegaTherap OMGA ... dd 4.11 –0.19 ... 19.23 5.95 RelayTherap RLAY ... dd 10.32 +0.24 ...
5.01 2.00 Playstudios MYPS ... dd 2.14 –0.20 ... 7.05 5.75 Shimmick SHIM ... ... 6.76 +0.52 ...
11.00 1.75 Nanobiotix NBTX ... dd 7.04 +0.59 ... 7.80 0.92 Omeros OMER ... 14 4.38 –0.40 ... 7.22 2.00 RelmadaTherap RLMD ... dd 6.35 –0.45 ...
12.90 6.25 Playtika PLTK 5.6 11 7.16 –0.40 .10 28.34 12.11 ShoalsTech SHLS ... 53 13.02 –0.33 ...
60.72 46.88 Nasdaq NDAQ 1.5 29 60.01 +3.48 .22 6.72 3.14 OmniAb OABI ... dd 5.45 –0.46 ... 27.95 14.50 RemitlyGlobal RELY ... dd 20.95 +0.46 ...
114.06 83.84 Plexus PLXS ... 21 95.42 +0.53 ... 315.95 157.00 ShockwaveMed SWAV ... 65 251.71 –11.70 ...
93.48 36.90 Natera NTRA ... dd 89.06 –0.35 ... 77.14 25.69 Omnicell OMCL ... dd 28.55 +2.19 ... 4.04 0.24 Renalytix RNLX ... dd 1.09 +0.05 ...
30.85 12.61 PliantTherap PLRX ... dd 15.55 –0.99 ... 33.30 19.24 ShoeCarnival SCVL 1.5 11 31.61 –1.45 .12
83.00 61.35 Nathan's NATH 2.9 15 69.09 –0.72 .50 12.09 5.98 1-800-FLOWERS FLWS ... dd 10.22 –0.05 ... 11.30 0.98 ReneoPharm RPHM ... dd 1.66 +0.02 ...
4.96 1.30 PolestarAuto PSNY ... dd 1.72 –0.24 ... 16.37 9.66 ShoreBancshares SHBI 4.2 17 11.33 +0.13 .12
55.12 43.74 NationalBeverage FIZZ ... 28 49.84 –1.78 ... 5.33 3.72 180DegreeCap TURN ... dd 4.36 –0.02 ... 7.79 4.32 ReNewEnergy RNW ... 56 6.65 +0.11 ...
10.19 6.51 PonceFinl PDLB ... 60 8.96 +0.09 ... 27.36 9.81 Shyft SHYF 1.9 59 10.77 +0.33 .05
6.49 1.01 NatlCineMedia NCMI ... 1 3.92 –0.23 ... 3.36 1.19 111 YI ... dd 1.36 –0.02 ... 13.85 3.08 RepareTherap RPTX ... dd 5.85 –1.35 ...
422.73 307.77 Pool POOL 1.1 31 415.06 +11.65 1.10 23.21 15.01 SierraBancorp BSRR 4.8 8 19.22 +1.13 .23
47.25 36.21 NatlResearch NRC 1.2 32 40.46 –0.10 .12 5.65 3.45 1stdibs.com DIBS ... dd 5.25 ... ... 211.13 110.45 Repligen RGEN ... cc 195.47 –0.05 ...
89.70 49.34 Popular BPOP 2.9 11 84.87 +2.31 .62 11.20 1.04 SightSciences SGHT ... dd 4.88 +0.77 ...
27.02 13.71 NationalVision EYE ... dd 23.81 +0.27 ... 13.51 0.42 OneMedNet ONMD ... dd .80 ... ... 24.81 5.89 Replimune REPL ... dd 9.03 +0.06 ...
23.99 12.85 Portillo's PTLO ... 44 13.85 –0.41 ... 26.83 4.55 SilenceTherap SLN ... dd 25.59 –0.19 ...
488.90 225.02 NatlWesternLife NWLI .1 18 485.44 –0.56 .36 39.15 21.78 OneWaterMarine ONEW ... dd 23.94 –2.30 ... 57.54 37.23 RepublicBcpKYA RBCAA 3.2 11 50.20 +1.70 .407
23.72 16.27 PortmanRidge PTMN14.5 dd 19.05 +0.57 .69 40.70 13.75 Silicom SILC ... dd 15.40 +0.30 ...
9.69 5.06 NaturalAlt NAII ... dd 5.95 –0.01 ... 12.00 10.48 OnyxAcqnIA ONYX ... cc 11.08 +0.03 ... 7.62 5.19 ReservoirMedia RSVR ... cc 7.34 +0.01 ...
5.09 1.54 PoseidaTherap PSTX ... dd 4.07 –0.06 ... 179.80 74.56 SiliconLabs SLAB ... dd 146.33 +4.69 ...
4.65 2.00 NautilusBiotech NAUT ... dd 2.98 +0.26 ... 11.99 4.89 OpenLending LPRO ... 40 7.25 +0.20 ... 18.26 12.50 ResourcesConnect RGP 4.0 18 14.04 +0.10 .14
14.36 7.12 Potbelly PBPB ... 77 12.85 –1.27 ... 95.33 49.50 SiliconMotion SIMO 1.4 45 71.74 –0.46 .50
19.69 14.10 Navient NAVI 3.9 9 16.45 –0.01 .16 45.47 32.04 OpenText OTEX 2.6 82 38.42 –0.84 .25 15.17 10.99 RetailOppor ROIC 4.6 48 13.01 +0.07 .15
54.44 41.31 PotlatchDelt PCH 3.8 61 46.99 +1.20 .45 46.57 6.08 SilkRoadMed SILK ... dd 16.40 –0.77 ...
11.17 4.76 NavitasSemi NVTS ... dd 4.85 –0.81 ... 5.41 1.10 OpendoorTech OPEN ... dd 3.06 –0.05 ... 37.98 5.00 RevanceTherap RVNC ... dd 6.01 –0.97 ...
197.87 38.87 PowellIndustries POWL .7 24 150.82 –29.20 .265 10.47 7.29 SilverSpikeInvt SSIC 9.9 ... 9.70 –0.44 .45
30.99 16.38 Nayax NYAX ... dd 26.70 –1.36 ... 28.58 8.17 Opera OPRA 5.0 22 15.61 +1.51 .40 35.60 15.44 RevolutionMed RVMD ... dd 32.25 +2.45 ...
11.24 9.02 Pwr&Digital II A XPDB ... cc 10.40 –0.37 ... 23.20 14.94 SilvercrestAsset SAMG 4.8 17 15.91 –1.03 .19
35.83 19.58 nCino NCNO ... dd 29.31 –0.72 ... 7.73 2.13 OportunFin OPRT ... dd 3.62 –0.33 ... 30.54 24.80 ReynoldsCnsmr REYN 3.2 20 28.96 –0.44 .23
99.60 66.90 PowerIntegrations POWI 1.1 76 73.94 +1.15 .20 21.11 13.36 SimmonsFirstNat SFNC 4.3 14 19.72 +0.67 .21
28.92 12.51 NeoGames NGMS ... dd 28.84 +0.40 ... 4.88 1.60 Opthea OPT ... dd 3.33 –0.19 ... 52.57 15.50 RhythmPharm RYTM ... dd 41.94 –1.77 ...
3.49 1.64 PowerFleet PWFL ... dd 2.99 –0.19 ... 52.69 32.69 SimulationsPlus SLP .5 84 43.95 +2.44 .06
24.10 14.44 Neogen NEOG ... cc 16.37 –0.82 ... 4.74 2.26 OpticalCable OCC ... 13 3.24 +0.09 ... 4.43 1.78 RibbonComms RBBN ... dd 2.86 –0.09 ...
11.80 10.07 PowerUpAcqn PWUP ... 58 11.05 +0.03 ... 21.17 9.39 Sinclair SBGI 8.0 dd 12.53 –1.99 .25
19.97 6.38 NerdWallet NRDS ... dd 15.94 –0.97 ... 2.07 0.90 Optinose OPTN ... dd 1.68 –0.23 ... 23.36 8.30 RichardsonElec RELL 2.8 15 8.43 –0.32 .06
59.98 11.85 PraxisPrecision PRAX ... dd 55.99 +6.45 ... 7.95 3.32 SiriusXM SIRI 2.6 13 4.16 –0.11.0266
112.48 59.73 NetApp NTAP 1.9 23 103.26 –2.05 .50 35.74 24.23 OptionCare OPCH ... 22 32.34 +0.22 ... 1.96 0.71 RigelPharm RIGL ... dd 1.57 +0.02 ...
1.88 0.81 Precigen PGEN ... dd 1.75 +0.06 ... 142.88 81.09 SiTime SITM ... dd 96.42 +2.42 ...
118.90 80.79 NetEase NTES 2.4 17 105.93 –4.561.0799 8.45 4.38 OraSureTechs OSUR ... 10 7.23 –0.04 ... 5.32 2.01 RiminiStreet RMNI ... 11 3.08 –0.12 ...
77.65 42.42 PreferredBankLA PFBC 3.7 7 75.46 +3.09 .70 37.00 17.56 SkywardSpecIns SKWD ... 17 35.57 –0.43 ...
624.42 285.33 Netflix NFLX ... 50 604.82 –14.52 ... 23.39 4.26 OrchestraBioMed OBIO ... dd 6.25 –0.61 ... 6.57 4.17 RiverviewBncp RVSB 5.0 10 4.77 +0.15 .06
184.82 104.96 PreformedLine PLPC .6 10 129.01 –5.58 .20 69.16 17.84 SkyWest SKYW ... 77 67.59 +2.89 ...
18.75 10.40 Netgear NTGR ... dd 14.58 –0.54 ... 2.92 0.97 OrganiGram OGI ... dd 2.02 –0.14 ... 28.06 10.05 Rivian RIVN ... dd 12.78 +1.43 ...
8.57 1.66 PreludeTherap PRLD ... dd 4.42 –0.17 ... 118.42 85.06 Skyworks SWKS 2.6 19 106.32 –0.12 .68
31.66 19.74 NetScout NTCT ... dd 21.76 +0.22 ... 16.65 4.09 OricPharm ORIC ... dd 14.99 +0.33 ... 17.00 2.70 Roadzen RDZN ... cc 6.49 ... ...
24.87 13.60 PremierFinl PFC 6.0 7 20.51 +1.20 .31 39.98 9.00 SleepNumber SNBR ... dd 16.99 +1.24 ...
21.00 9.35 NeumoraTherap NMRA ... dd 18.00 –0.05 ... 21.60 9.57 OrthofixMed OFIX ... dd 14.00 +1.00 ... 17.62 7.91 Robinhood HOOD ... dd 17.00 +0.42 ...
33.58 18.89 Premier PINC 3.9 15 21.32 +0.48 .21 2.48 1.44 SmartSand SND ... 6 1.99 +0.01 ...
143.35 89.04 Neurocrine NBIX ... 57 139.22 +7.92 ... 53.50 23.10 OrthoPediatrics KIDS ... dd 27.70 –0.37 ... 32.53 14.89 RocketPharm RCKT ... dd 27.87 –2.66 ...
17.40 3.84 Prenetics PRE ... dd 5.67 +0.81 ... 17.46 10.38 Smith&Wesson SWBI 2.8 30 17.39 +3.83 .12
40.18 12.20 Neurogene NGNE ... dd 37.25 +5.25 ... 99.49 67.55 OtterTail OTTR 2.2 12 84.99 –4.69.4675 32.38 11.78 RockyBrands RCKY 2.3 19 27.11 +0.81 .155
5.74 0.15 PrestoAutomation PRST ... dd .26 –0.04 ... 12.06 6.70 SnapOne SNPO ... dd 8.19 –0.17 ...
4.20 1.03 Neuronetics STIM ... dd 4.12 +1.11 ... 5.95 3.34 Outbrain OB ... 21 3.86 +0.39 ... 5.99 3.72 RockyMtnChoc RMCF ... dd 3.97 –0.13 ...
84.93 61.82 PriceSmart PSMT 1.4 22 82.90 –0.83 .58 2.98 0.83 SoYoungIntl SY ... 23 1.06 –0.05 ...
18.15 3.18 NeuroPace NPCE ... dd 14.22 –1.77 ... 24.13 2.74 OutsetMedical OM ... dd 2.95 –0.14 ... 13.24 6.59 RoivantSciences ROIV ... 2 10.68 –1.09 ...
17.20 5.54 PrimeMedicine PRME ... dd 8.08 –0.66 ... 11.70 4.45 SoFiTech SOFI ... dd 7.71 –1.28 ...
40.04 25.06 NewFortressEner NFE 1.2 12 32.75 –1.68 .10 4.14 1.90 OvidTherap OVID ... dd 3.08 –0.32 ... 108.84 51.62 Roku ROKU ... dd 64.50 +1.15 ...
13.69 7.01 PrimisFinl FRST 3.3 30 12.27 +0.04 .10 14.78 7.80 Sohu.com SOHU ... dd 9.25 –0.34 ...
13.23 11.27 NewMtnFin NMFC10.0 10 12.75 –0.05 .04 5.70 4.41 OxfordLane OXLC18.5 8 5.18 +0.02 .08 47.10 3.31 Root ROOT ... dd 45.77 +6.66 ...
38.20 23.49 PrincetonBncp BPRN 4.0 8 30.24 –0.30 .30 4.58 0.90 SolGelTech SLGL ... dd 1.10 –0.03 ...
11.67 10.33 NewProvidenceII A NPAB ... 66 10.77 –0.02 ... 3.48 2.60 OxfordSquare OXSQ13.4 cc 3.14 +0.06 .035 562.69 416.78 RoperTech ROP .5 43 545.95 –2.01 .75
84.65 65.17 PrincipalFinl PFG 3.5 33 79.97 –0.08 .69 332.27 63.25 SolarEdgeTech SEDG ... cc 75.72 +7.84 ...
PQ 151.12 99.00 RossStores ROST 1.0 26 145.74 –3.89.3675
10.63 6.95 NY Mortgage NYMT 11.1 dd 7.21 +0.08 .20 30.15 19.18 PriviaHealth PRVA ... cc 22.92 +0.60 ... 9.35 3.50 SolarmaxTech SMXT ... cc 7.08 +2.20 ...
11.24 10.39 RothCHAcqnA USCT ... 81 11.11 +0.09 ...
26.35 5.63 NewAmstPharma NAMS ... ... 20.97 –2.57 ... 29.83 15.66 PAM Transport PTSI ... 20 16.20 –1.56 ... 5.38 1.95 Procaps PROC ... 6 3.14 +0.16 ... 11.99 1.81 SolidBiosci SLDB ... dd 11.14 +1.37 ...
11.93 10.15 RothCHAcqnV ROCL ... dd 10.83 +0.04 ...
12.99 6.50 NewellBrands NWL 3.6 dd 7.86 +0.31 .07 19.04 12.86 PCB Bancorp PCB 4.5 7 15.85 –0.17 .18 19.06 6.46 ProFrac ACDC ... 8 7.80 –0.62 ... 3.20 1.10 SolidPower SLDP ... dd 1.52 –0.12 ...
147.82 100.55 RoyalGold RGLD 1.4 31 112.75 +7.10 .40
11.36 5.07 Newmark NMRK 1.1 44 10.80 +0.04 .03 70.55 37.76 PCConnection CNXN .5 21 65.48 –1.14 .10 62.34 49.02 ProgressSoftware PRGS 1.3 34 53.89 +0.54 .175 13.85 0.37 SolidionTech STI ... 10 .78 +0.30 ...
38.19 25.92 RoyaltyPharma RPRX 2.8 12 30.37 +0.44 .21
28.00 15.58 NewsCorp A NWSA .8 66 26.34 +0.01 .10 152.99 59.67 PDD PDD ... 25 110.34 –16.51 ... 44.95 29.44 Progyny PGNY ... 58 35.49 –0.53 ... 21.20 2.33 Sonder SOND ... dd 4.98 +0.55 ...
50.50 33.37 RushEnt A RUSHA 1.4 9 48.36 –0.50 .17
28.92 15.73 NewsCorp B NWS .7 69 27.35 –0.05 .10 48.02 26.12 PDF Solutions PDFS ... cc 34.39 +0.16 ... 10.90 10.18 ProjectEnReimag PEGR ... 67 10.75 +0.07 ... 21.98 9.78 Sonos SONO ... dd 19.06 –0.17 ...
53.11 36.45 RushEnt B RUSHB 1.4 10 50.06 –0.94 .17
19.36 10.75 NewtekOne NEWT 6.2 7 11.56 +0.27 .18 31.63 16.46 PENN Entmt PENN ... dd 18.31 –0.19 ... 5.69 0.35 ProSomnus OSA ... dd .63 –0.01 ... 7.37 2.13 SophiaGenetics SOPH ... dd 4.73 –0.11 ...
58.21 14.14 RxSight RXST ... dd 52.55 –3.15 ...
187.32 132.30 NexstarMedia NXST 4.1 17 163.50 –0.19 1.69 2.18 0.43 PLBY Group PLBY ... dd .83 –0.15 ... 7.04 5.03 ProspectCapital PSEC13.2 dd 5.44 –0.06 .06 19.40 12.34 SoteraHealth SHC ... 77 13.83 –0.73 ...
143.04 86.36 Ryanair RYAAY 1.3 15 141.69 +5.55.9653
2.24 0.07 Next.e.GO EGOX ... dd .09 –0.04 ... 9.72 1.18 PMV Pharm PMVP ... dd 1.70 –0.18 ... 33.34 13.72 ProtagonistTherap PTGX ... dd 30.32 –1.83 ... 2.50 1.32 SotherlyHotels SOHO ... dd 1.44 +0.06 ...
2.09 0.98 NextCure NXTC ... dd 1.65 –0.14 ... 41.69 11.85 PRA Group PRAA ... dd 25.80 –0.13 ... 4.95 1.04 ProtaraTherap TARA ... dd 3.80 –0.80 ... S 7.91 1.49 SoundHoundAI SOUN ... dd 5.86 –0.18 ...
61.77 28.24 Nextracker NXT ... 36 59.57 +2.17 ... 52.32 24.83 ProceptBio PRCT ... dd 49.28 +0.22 ... 79.65 24.29 Prothena PRTA ... dd 30.22 +1.69 ... 36.38 24.51 S&T Bancorp STBA 4.1 9 32.05 +1.30 .33 30.22 18.75 SouthPlainsFin SPFI 2.0 7 25.85 +0.06 .13
7.77 3.16 NexxenIntl NEXN ... dd 5.01 –0.28 ... 188.75 115.45 PTC PTC ... 94 185.43 –2.33 ... 15.40 10.16 ProvidentFin PROV 4.0 12 14.05 –0.08 .14 267.42 185.23 SBA Comm SBAC 1.8 49 223.70 +15.41 .98 39.36 20.75 SouthernFirstBcsh SFST ... 20 33.37 +1.48 ...
7.45 4.37 NicholasFin NICK ... dd 6.88 +0.06 ... 59.84 17.53 PTC Therap PTCT ... dd 31.16 –0.79 ... 14.55 0.51 PsyenceBiomed PBM ... dd 2.11 +1.54 ... 3.87 1.15 SCYNEXIS SCYX ... 1 1.66 +0.04 ... 55.45 30.28 SoMO Bancorp SMBC 1.9 11 43.90 +1.62 .21
3.71 0.52 Nikola NKLA ... dd .67 –0.06 ... 116.88 67.48 Paccar PCAR .9 13 114.65 +1.46 .27 21.83 10.92 PubMatic PUBM ... cc 20.75 –0.32 ... 69.82 52.20 SEI Investments SEIC 1.3 20 69.06 +1.23 .46 30.74 19.61 SouthernStBcsh SSBK 1.4 7 24.90 ... .09
5.51 1.49 9F JFU ... ... 3.50 +0.34 ... 14.55 4.00 PacBiosciCA PACB ... dd 4.43 –0.76 ... 14.84 7.75 Pulmonx LUNG ... dd 9.09 –0.21 ... 29.51 15.57 SI-BONE SIBN ... dd 17.53 +0.45 ... 36.04 25.38 SouthsideBcshs SBSI 5.0 10 28.84 +0.32 .36
12.51 4.85 908Devices MASS ... dd 6.86 –0.49 ... 30.13 17.53 PacificPremBncp PPBI 5.6 81 23.66 +0.67 .33 7.73 2.13 PumaBiotech PBYI ... 12 5.35 –0.54 ... 6.70 4.22 SIGA Tech SIGA .0 dd 4.86 –0.35 .45 22.98 13.23 SovosBrands SOVO ... 78 22.95 +0.18 ...
10.53 10.08 99Acqn NNAG ... cc 10.28 –0.01 ... 48.60 25.93 PaciraBioSci PCRX ... 40 31.41 +2.55 ... 33.07 17.08 PureTechHealth PRTC ... dd 25.57 –1.16 ... 11.61 10.41 SKGrowthOppsA SKGR ... 36 11.06 –0.04 ... 10.27 10.07 SparkIAcqnA SPKL ... dd 10.24 –0.01 ...
0.25 0.12 99AcqnRt NNAGR ... ... .17 –0.02 ... 15.25 6.85 PactivEvergreen PTVE 3.0 dd 13.22 –0.04 .10 3.78 0.55 PurpleInnovation PRPL ... dd 1.95 –0.11 ... 21.24 10.81 SLM SLM 2.1 9 20.68 –0.02 .11 26.56 19.04 SpartanNash SPTN 4.2 17 20.57 –0.20.2175
4.82 1.57 NiuTech NIU ... dd 1.73 –0.08 ... 380.84 176.30 PaloAltoNtwks PANW ... 44 280.20 –22.20 ... 9.50 1.96 Puyi PUYI ... dd 9.38 +1.79 ... 15.86 13.48 SLR Invt SLRC10.5 11 15.65 +0.62 .41 15.40 1.15 Spectaire SPEC ... dd 1.31 ... ...
16.24 1.28 Nkarta NKTX ... dd 14.63 +1.79 ... 76.94 46.09 Palomar PLMR ... 24 74.32 –1.14 ... 6.92 1.35 PyxisOncology PYXS ... dd 5.63 –0.96 ... 29.99 12.66 SMART Global SGH ... ... 23.58 +1.06 ... 2.00 0.99 SperoTherap SPRO ... cc 1.66 –0.03 ...
12.88 0.78 NKGenBiotech NKGN ... dd 2.18 +1.33 ... 86.38 60.66 PapaJohn's PZZA 2.6 28 70.12 +0.18 .46 62.94 35.14 QCR Holdings QCRH .4 9 57.60 +0.81 .06 1.61 0.49 SPI Energy SPI ... dd .62 –0.03 ... 156.54 82.19 Splunk SPLK ... cc 156.45 +0.29 ...
15.91 8.13 nLIGHT LASR ... dd 12.73 –0.31 ... 11.63 9.35 PapayaGrowthI A PPYA ... 24 10.81 –0.04 ... 14.40 1.12 QT Imaging QTI ... dd 1.35 –2.65 ... 52.40 31.52 SP Plus SP ... 33 51.59 +0.16 ... 18.14 9.31 SpokHoldings SPOK 7.1 23 17.59 –0.14.3125
11.42 0.12 noco-noco NCNC ... 4 .23 +0.03 ... 27.23 13.40 ParamountA PARAA 1.0 dd 20.63 –0.09 .05 20.40 13.12 QifuTechnology QFIN 5.1 4 15.43 –0.47 .50 218.74 137.53 SPS Commerce SPSC ... cc 184.59 –4.45 ... 15.57 8.08 Sportradar SRAD ... dd 10.02 +0.14 ...
5.52 1.96 Noodles NDLS ... dd 2.24 –0.27 ... 24.00 10.16 ParamountB PARA 1.8 dd 10.93 –0.02 .05 121.65 80.62 Qorvo QRVO ... dd 116.07 –3.55 ... 2.57 0.17 Srivaru SVMH ... 67 .23 +0.01 ... 9.06 2.98 SportsmansWrhs SPWH ... dd 3.40 –0.23 ...
275.67 202.57 Nordson NDSN 1.0 31 264.76 –1.33 .68 28.79 10.90 Park-Ohio PKOH 2.1 38 23.70 –2.79 .125 177.59 101.47 Qualcomm QCOM 1.9 25 170.57 +7.48 .80 64.99 46.61 SS&C Tech SSNC 1.5 26 61.99 –2.16 .24 10.97 10.27 SpringValleyII A SVII ... 35 10.93 ... ...
59.00 33.15 NortheastBank NBN .1 7 53.44 +0.45 .01 1.79 0.58 PassageBio PASG ... dd 1.45 –0.24 ... 206.35 107.00 Qualys QLYS ... 42 168.66 +0.73 ... 17.72 3.76 SSR Mining SSRM 6.5 dd 4.30 +0.04 .07 0.29 0.02 SpringValleyII Rt SVIIR ... ... .14 ... ...
14.97 10.08 NorthernTechsIntl NTIC 2.0 41 14.17 +0.97 .07 60.49 39.75 PathwardFinl CASH .4 8 51.16 +1.01 .05 28.99 1.41 QuantaSing QSG ... 6 2.71 –0.83 ... 18.76 15.26 SWK Holdings SWKH ... 13 16.34 –0.22 ... 53.92 18.00 SpringWorks SWTX ... dd 51.07 +0.06 ...
90.59 62.44 NorthernTrust NTRS 3.7 16 81.81 –0.85 .75 16.20 12.81 PatriaInvts PAX 7.2 19 14.85 –0.04 .399 29.70 10.02 Quanterix QTRX ... dd 26.54 –0.46 ... 14.82 10.08 SabraHealthcare SBRA 8.6 cc 13.91 –0.08 .30 65.53 32.12 SproutsFarmers SFM ... 25 63.35 –0.04 ...
13.74 8.39 NorthfieldBanc NFBK 5.1 12 10.21 +0.15 .13 11.97 10.49 PatriaLatAm PLAO ... 26 11.27 +0.02 ... 1.32 0.24 Quantum QMCO ... dd .53 +0.03 ... 5.77 2.00 Sabre SABR ... dd 2.12 –0.49 ... 5.95 1.01 SpruceBio SPRB ... dd 5.11 –0.16 ...
59.90 33.29 NorthrimBanCorp NRIM 4.9 11 49.16 +0.63 .61 123.58 63.57 PatrickIndustries PATK 2.0 17 112.12 –10.17 .55 3.90 1.12 Quantum-Si QSI ... dd 2.23 +0.38 ... 88.72 65.78 SafetyInsurance SAFT 4.6 62 78.78 –1.26 .90 41.09 2.66 SpyreTherapeutics SYRE ... dd 37.93 +8.03 ...
13.94 9.80 NorthwestBcshs NWBI 6.9 11 11.65 +0.30 .20 10.80 3.54 PatriotNatBncp PNBK ... dd 3.99 +0.20 ... 10.34 10.07 QuettaAcqn QETA ... ... 10.19 +0.01 ... 27.00 18.89 SagaComm SGA 4.1 16 24.50 +1.88 .60 73.13 26.66 StaarSurgical STAA ... 83 35.86 +2.55 ...
40.18 25.58 NorthwestPipe NWPX ... 16 33.91 +4.05 ... 34.53 25.00 Patterson PDCO 3.8 13 27.17 –0.18 .26 2.20 1.00 QuettaAcqnRt QETAR ... ... 1.01 –0.01 ... 59.99 16.52 SageTherap SAGE ... dd 22.09 +0.23 ... 8.59 3.83 Stagwell STGW ... dd 5.55 +0.10 ...
61.24 45.97 NorthWesternEner NWE 5.3 17 49.52 +1.44 .65 16.18 9.70 PattersonUTIEn PTEN 2.7 12 12.01 +0.27 .08 5.40 1.00 Quhuo QH ... 24 1.22 +0.08 ... 20.71 2.13 Sagimet SGMT ... ... 5.75 –0.27 ... 3.16 1.46 StdBioTools LAB ... dd 2.78 +0.28 ...
March 11, 2024 BARRON’S 45

D ATA NASDAQ ISSUES FOREIGN MARKETS

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
25.16 16.57 StarBulkCarriers SBLK 5.7 14 24.89 +0.57 .45 0.44 0.08 TrailblazerI Rt TBMCR ... ... .08 –0.03 ... 12.19 6.37 VersaBank VBNK .7 8 10.58 –1.17.0184 47.97 29.59 WSFS Financial WSFS 1.4 10 43.69 +1.52 .15 117.86 81.65 WynnResorts WYNN 1.0 16 100.43 –0.78 .25
1.59 0.65 StarEquity STRR ... 1 .91 –0.04 ... 10.56 10.08 TrailblazerI A TBMC ... cc 10.56 +0.03 ... 35.38 17.18 Vertex VERX ... dd 29.49 –4.06 ... 13.31 2.79 WW Intl WW ... dd 3.00 –0.38 ... XYZ
20.79 10.76 Star STHO ... dd 12.19 –0.50 ... 9.44 4.92 TransActTechs TACT ... 14 6.90 +0.26 ... 448.40 285.92 VertexPharm VRTX ... 30 413.59 –19.17 ... 35.02 23.36 WaFd WAFD 3.7 8 28.06 +0.57 .26
47.40 1.81 XBPEurope XBP ... dd 3.62 +1.58 ...
115.48 89.21 Starbucks SBUX 2.5 24 91.06 –2.10 .57 115.41 74.89 Transcat TRNS ... 83 107.55 +2.03 ... 21.42 8.22 VerveTherap VERV ... dd 14.96 –1.33 ... 2.70 1.58 Wag! PET ... dd 2.20 +0.16 ...
10.39 1.40 XIAO-I AIXI ... ... 1.88 –0.12 ...
7.98 2.51 StealthGas GASS ... 4 6.16 +0.01 ... 99.63 36.42 TransMedics TMDX ... dd 83.75 +1.03 ... 27.65 5.22 ViaRenewables VIA ... dd 10.88 +0.03 ... 36.58 19.68 WalgreensBoots WBA 4.7 32 21.16 –0.33 .25
25.91 13.48 XOMA XOMA ... dd 24.71 –0.19 ...
137.70 90.55 SteelDynamics STLD 1.4 9 131.48 –2.23 .46 10.86 4.51 Travelzoo TZOO ... 12 9.64 +0.67 ... 10.90 3.75 ViantTech DSP ... dd 10.13 +1.07 ... 11.44 7.82 WalkMe WKME ... dd 8.79 –0.55 ...
27.71 10.30 XP XP 10.4 18 25.31 +1.40 .73
37.40 19.83 StepStone STEP 2.5 39 33.81 –0.94 .21 23.18 5.25 TravereTherap TVTX ... dd 8.66 +0.79 ... 47.35 15.02 ViaSat VSAT ... dd 18.81 –0.94 ... 15.56 8.02 WarnerBrosA WBD ... dd 8.73 +0.06 ...
7.24 3.05 XBiotech XBIT ... dd 6.40 ... ...
57.06 37.78 Stericycle SRCL ... dd 52.20 –1.57 ... 27.97 5.27 TreaceMed TMCI ... dd 13.13 –0.29 ... 13.62 8.74 Viatris VTRS 3.9 cc 12.26 –0.33 .12 38.05 23.62 WarnerMusic WMG 2.0 38 33.93 –1.55 .17
71.96 46.79 XcelEnergy XEL 4.3 16 51.02 +1.45.5475
16.68 10.00 SterlingCheck STER ... ... 15.96 –0.48 ... 3.50 0.97 TreviTherap TRVI ... dd 2.84 –0.09 ... 11.65 7.26 ViaviSolutions VIAV ... cc 10.66 +0.93 ... 38.56 21.69 WashTrBcp WASH 8.6 9 26.16 +0.41 .56
30.21 16.49 Xencor XNCR ... dd 24.25 +0.43 ...
116.36 34.23 SterlingInfr STRL ... 25 111.16 +0.18 ... 46.43 28.66 TriCoBancshares TCBK 3.7 10 35.39 +2.32 .33 98.38 35.00 Vicor VICR ... 31 36.91 –0.78 ... 15.57 9.62 WaterstoneFinl WSBF 5.0 26 11.94 –0.50 .15
50.99 27.99 XenonPharm XENE ... dd 46.24 –0.60 ...
45.63 29.92 StevenMadden SHOO 2.0 18 41.99 –0.72 .21 29.37 22.59 TriMas TRS .6 26 24.75 +1.27 .04 40.15 27.73 VictoryCapital VCTR 3.3 13 39.69 +1.14 .335 110.88 51.46 WeatherfordIntl WFRD ... 19 108.23 –0.78 ...
3.26 1.13 XerisBiopharma XERS ... dd 2.35 –0.83 ...
5.48 2.35 StitchFix SFIX ... dd 2.51 –0.70 ... 63.89 39.57 Trimble TRMB ... 50 63.09 +0.74 ... 44.05 0.62 View VIEW ... dd 1.53 –0.06 ... 21.58 7.84 Weibo WB .0 5 9.01 –0.13 .85
19.78 12.06 Xerox XRX 6.0 dd 16.70 –2.59 .25
56.00 36.93 StockYardsBncp SYBT 2.6 13 46.34 +1.22 .30 6.20 1.85 TrinityBiotech TRIB ... dd 2.23 +0.08 ... 12.74 2.53 VigilNeurosci VIGL ... dd 3.24 –0.15 ... 11.68 10.30 WelsbachTech WTMA ... dd 10.90 ... ... 3.67 0.49 XilioTherap XLO ... dd .83 +0.11 ...
14.00 3.35 StokeTherap STOK ... dd 7.57 –0.06 ... 15.44 11.14 TrinityCapital TRIN 13.1 8 14.85 +0.36 .50 99.41 8.28 VikingTherap VKTX ... dd 71.78 –13.44 ... 0.27 0.04 WelsbachTechRt WTMAR ... ... .10 –0.01 ... 38.74 12.45 Xometry XMTR ... dd 18.17 +0.17 ...
19.46 8.09 StoneCo STNE ... 27 16.68 –0.44 ... 47.45 30.70 Trip.com TCOM ... 21 43.41 –1.50 ... 27.59 20.25 VillageSuper A VLGEA 3.7 7 26.75 +0.53 .25 23.90 17.64 Wendy's WEN 5.4 19 18.42 +0.40 .25 25.87 24.96 XtrkRreefGlbNat NRES ... ... 25.85 +0.47 ...
74.01 49.62 StoneX SNEX ... 10 68.48 –1.20 ... 28.20 14.15 Tripadvisor TRIP ... cc 26.56 –0.60 ... 5.46 3.02 Vimeo VMEO ... 38 4.95 –0.06 ... 8.19 1.57 WerewolfTherap HOWL ... dd 6.51 –0.49 ... 2.09 1.28 Xunlei XNET ... 8 1.49 –0.03 ...
21.72 9.95 Stratasys SSYS ... dd 12.43 +0.09 ... 16.24 3.32 TriSalusLifeSci TLSI ... dd 10.00 +0.68 ... 11.85 7.70 VinciPartners VINP 6.4 18 11.35 +0.55 .20 47.27 35.02 WernerEnterprises WERN 1.4 22 38.68 –0.30 .14 20.90 2.70 Y-mAbsTherap YMAB ... dd 17.62 –1.07 ...
111.95 64.53 StrategicEd STRA 2.3 36 103.77 –4.88 .60 1.58 0.08 TritiumDCFC DCFC ... dd .10 ... ... 93.00 4.59 VinFastAuto VFS ... dd 5.25 –0.54 ... 33.92 19.84 WesBanco WSBC 4.9 12 29.47 +0.97 .36 46.81 34.89 YorkWater YORW 2.4 21 35.47 –0.40.2108
30.34 16.06 Strattec STRT ... cc 24.65 –0.61 ... 82.22 46.67 TriumphFinl TFIN ... 47 74.87 –0.14 ... 1.16 0.63 ViomiTech VIOT ... dd .65 ... ... 22.39 15.04 WestBancorp WTBA 5.6 12 17.82 +0.32 .25 5.80 0.54 Yunji YJ ... dd .70 –0.02 ...
29.99 18.55 StratusProp STRS ... dd 22.45 –0.15 ... 8.45 2.26 trivago TRVG .0 dd 2.52 –0.05.5628 27.48 7.72 VirBiotech VIR ... dd 11.36 +0.12 ... 57.96 35.52 WestamericaBncp WABC 3.6 8 48.38 +2.31 .44 40.42 17.68 ZaiLab ZLAB ... dd 18.91 –2.19 ...
12.50 3.46 StrongholdDig SDIG ... dd 4.81 –0.18 ... 30.96 7.55 TruBridge TBRG ... dd 8.98 –0.21 ... 2.38 0.43 ViractaTherap VIRX ... dd .85 –0.06 ... 65.92 31.97 WesternDigital WDC ... dd 63.00 –1.30 ... 10.91 0.19 ZappEV ZAPP ... ... .26 ... ...
75.02 21.12 StructureTherap GPCR ... dd 36.86 –4.38 ... 4.05 1.76 TrueCar TRUE ... dd 3.67 +0.13 ... 13.08 3.54 VircoMfg VIRC .8 6 9.76 –0.99 .02 9.55 5.58 WestNewEngBncp WNEB 3.4 12 8.35 +0.35 .07 320.55 194.59 ZebraTech ZBRA ... 49 282.59 –7.05 ...
31.49 17.06 SummitFin SMMF 3.3 7 26.55 –0.10 .22 19.91 1.11 TruGolf TRUG ... dd 1.44 +0.14 ... 21.04 16.02 VirtuFinancial VIRT 5.0 14 19.12 +0.55 .24 12.50 4.90 WestportFuelSys WPRT ... dd 5.56 –0.66 ... 31.46 9.56 ZentalisPharm ZNTL ... dd 15.39 +0.11 ...
18.67 9.55 SummitStateBk SSBI 4.3 7 11.05 +0.11 .12 60.33 18.45 Trupanion TRUP ... dd 29.55 +2.27 ... 11.85 10.46 VisionSensingA VSAC ... dd 11.22 +0.02 ... 12.90 6.88 WestrockCoffee WEST ... dd 9.42 –0.49 ... 2.70 0.41 ZeroFox ZFOX ... dd 1.11 ... ...
5.22 1.30 SummitTherap SMMT ... dd 4.40 –0.25 ... 35.95 23.78 TrustcoBank TRST 5.2 9 27.90 +0.50 .36 164.96 108.66 Visteon VC ... 7 117.00 +4.52 ... 33.70 21.45 WeycoGroup WEYS 3.5 9 28.60 –3.81 .25 7.28 3.89 ZevraTherap ZVRA ... dd 6.10 –0.98 ...
23.80 11.96 SunCountryAir SNCY ... 12 14.40 –0.60 ... 28.67 18.96 Trustmark TRMK 3.4 10 27.01 +0.47 .23 33.29 15.95 VitaCoco COCO ... 32 25.07 –1.08 ... 26.60 13.86 Willdan WLDN ... 31 24.68 +4.43 ... 78.80 57.97 ZiffDavis ZD ... 82 66.77 –1.99 ...
8.58 2.79 SunOpta STKL ... dd 6.76 –0.02 ... 7.87 1.62 TScanTherap TCRX ... dd 6.55 –0.65 ... 21.26 10.00 VitalFarms VITL ... 35 20.51 +2.25 ... 60.70 37.01 WillisLease WLFC ... 7 47.74 –0.14 ... 59.23 33.23 Zillow A ZG ... dd 56.15 +0.57 ...
15.93 2.74 SunPower SPWR ... dd 3.03 –0.15 ... 2.14 0.60 Tuniu TOUR ... 21 .66 –0.09 ... 23.99 9.80 Vitru VTRU ... 17 14.71 +1.14 ... 278.86 195.29 WillisTowers WTW 1.3 27 273.71 +2.53 .88 61.13 33.80 Zillow C Z ... dd 57.88 +0.78 ...
23.85 8.43 SunRun RUN ... dd 12.56 +0.38 ... 13.20 1.63 TurnstoneBiologics TSBX ... dd 3.16 –1.46 ... 9.89 5.11 VividSeats SEAT ... 14 5.59 –0.52 ... 1.39 0.56 WiMiHologram WIMI ... dd 1.10 +0.01 ... 20.91 5.20 ZimVie ZIMV ... dd 17.61 +0.68 ...
1229.00 87.25 SuperMicroComp SMCI ... 89 1140.01 +234.53 ... 13.26 6.17 TurtleBeach HEAR ... dd 10.58 –0.45 ... 12.07 8.02 Vodafone VOD 10.3 2 9.26 +0.18.4815 375.32 150.08 Wingstop WING .2 cc 353.99 –12.29 .22 46.15 18.26 ZionsBancorp ZION 3.9 10 42.24 +3.47 .41
14.87 7.14 SuperiorGroup SGC 3.9 31 14.23 –0.02 .14 2.39 0.49 23andMe ME ... dd .54 –0.01 ... 6.18 1.62 VorBiopharma VOR ... dd 2.34 +0.07 ... 451.30 273.50 Winmark WINA .9 32 353.74 –9.36 .80 75.91 58.87 ZoomVideo ZM ... 33 67.16 –3.75 ...
39.09 21.99 SupernusPharm SUPN ... ... 31.07 +0.06 ... 16.80 8.60 TwinDisc TWIN 1.0 21 16.80 +0.93 .04 14.34 6.06 VoyagerTherap VYGR ... 3 9.37 –0.07 ... 100.71 57.48 WintrustFinl WTFC 1.8 10 97.64 +0.60 .45 14.75 1.27 Zoomcar ZCAR ... 0 1.31 –0.33 ...
45.79 22.05 SurgeryPartners SGRY ... dd 29.50 –1.69 ... 43.21 11.46 TwistBiosci TWST ... dd 37.57 –1.32 ... 225.60 8.11 Vroom VRM ... dd 12.54 +0.57 ... 8.00 1.35 WISeKey WKEY ... dd 2.43 +0.01 ... 30.16 12.36 ZoomInfoTech ZI ... 62 16.51 –0.36 ...
39.41 16.00 Surmodics SRDX ... 79 30.67 –1.40 ... 12.69 1.54 2seventybio TSVT ... dd 4.72 –0.92 ... 143.59 73.39 Wix.com WIX ... cc 139.04 –0.24 ... 259.61 84.93 Zscaler ZS ... dd 198.69 –20.54 ...
6.11 2.01 SutroBioph STRO ... dd 4.67 –0.28 ... W 151.30 88.30 Woodward WWD .7 31 147.46 +5.31 .25 22.36 13.19 Zumiez ZUMZ ... dd 16.18 –1.32 ...
9.68 0.32 2U TWOU ... dd .42 –0.01 ...
64.14 16.03 Symbotic SYM ... dd 44.62 +3.69 ... 20.67 9.82 TyraBiosciences TYRA ... dd 19.67 –0.26 ... 7.67 3.15 WaveLifeSci WVE ... dd 6.78 +1.65 ... 311.28 174.06 Workday WDAY ... 51 264.32 –27.60 ... 13.14 6.02 Zymeworks ZYME ... dd 11.44 –1.07 ...
121.37 67.73 Synaptics SYNA ... dd 107.50 +1.54 ... 278.78 163.82 WD-40 WDFC 1.4 50 252.87 –15.42 .88 160.07 75.19 WorldAcceptance WRLD ... 12 131.22 +8.23 ... 14.75 6.88 Zynex ZYXI ... 48 12.86 +0.56 ...
U
25.34 11.22 SyndaxPharm SNDX ... dd 24.57 +0.86 ...
629.38 350.58 Synopsys SNPS ... 63 571.29 –20.06 ... 128.65 75.01 UFP Inds UFPI 1.1 14 115.23 –0.73 .33
2.30 1.67 SyprisSolutions SYPR ... dd 1.76 –0.06 ... 86.24 50.68 UMB Fin UMBF 1.9 12 82.87 +2.27 .39
5.80 2.31 UPFintech TIGR ... 19 4.13 –0.19 ...
T
8.17 2.09 SyrosPharm SYRS ... dd 6.77 –0.98 ...
12.97
289.34
8.56
141.59
USCB Financial
US Lime&Min
USCB 1.8
USLM .3
13
22
11.15
287.39
+0.30 .05
+33.50 .25
Europe Asia
11.65 4.23 TelaBio TELA ... dd 5.74 –1.34 ... 4.78 1.17 uCloudlink UCL ... 16 1.51 +0.03 ... Weak Week: After Europe’s central bank remarked on the Protection: Members of Congress pressed the White
15.25 10.97 TFS Finl TFSL 8.8 49 12.81 –0.03.2825 16.01 8.17 Udemy UDMY ... dd 11.00 –0.14 ...
11.64 9.85 TGVentureAcqn TGVC ... dd 10.81 –0.21 ...
feeble economy, stocks rose in expectation of a June rate cut. House for trade protection against China’s EVs...and TikTok.
563.17 368.02 UltaBeauty ULTA ... 22 540.22 –9.76 ...
11.27 10.42 TLGY Acqn A TLGY ... 36 11.26 +0.03 ... 49.25 22.15 UltraClean UCTT ... dd 46.35 +1.52 ...
3.20 0.65 TMCthemetals TMC ... dd 1.62 +0.26 ... 54.98 31.52 UltragenyxPharm RARE ... dd 50.53 –3.16 ... S&P Europe BMI 1.08% S&P Pan Asia BMI 0.81%
10.78 10.10 TMT Acqn TMTC ... 82 10.68 +0.03 ... 11.85 3.86 Ultralife ULBI ... 22 9.76 +0.06 ...
1.88 0.15 TMT Acqn Rt TMTCR ... ... .15 –0.02 ... Denmark 4.07 Taiwan 5.06
32.00 20.07 UnionBankshares UNB 4.8 12 29.87 –0.93 .36
168.64 124.92 T-MobileUS TMUS 1.6 24 163.99 +0.62 .65 22.48 4.98 uniQure QURE ... dd 5.22 –0.37 ... Spain 2.43 South Korea 1.65
46.48 24.74 TPG TPG 3.0 dd 45.35 +0.39 .44 58.23 33.68 UnitedAirlines UAL ... 5 43.30 –1.54 ...
13.68 1.63 TPIComposites TPIC ... dd 3.42 +0.64 ... Netherlands 1.84 Thailand 1.54
39.21 25.35 UnitedBkshrsWV UBSI 4.2 13 34.99 +0.81 .37
132.76 87.43 T.RowePrice TROW 4.2 15 117.95 +4.47 1.24 30.75 20.37 UtdCmtyBks UCBI 3.5 17 26.22 +0.57 .23 Switzerland 1.42 Indonesia 1.46
39.40 11.06 TTEC TTEC 5.0 66 11.69 –2.18 .06 28.58 18.41 UnitedFire UFCS 2.8 dd 22.62 –0.39 .16
16.54 11.13 TTM Tech TTMI ... dd 15.02 –0.06 ...
Italy 1.37 Singapore 1.27
11.06 5.79 UnitedGuardian UG 6.1 15 8.21 –0.09 .25
5.00 2.16 Taboola TBLA ... dd 4.33 –0.01 ... 8.74 5.50 UnitedSecBcshrs UBFO 6.3 7 7.62 +0.22 .12 France 1.10 Australia 1.27
26.11 9.70 TactileSystems TCMD ... 13 15.74 +0.39 ... 261.54 204.44 UnitedTherap UTHR ... 12 243.05 +11.13 ...
171.59 108.39 TakeTwoSoftware TTWO ... dd 143.73 –6.61 ...
Belgium 0.93 New Zealand 0.86
6.71 2.94 Uniti UNIT 9.1 dd 6.56 +0.15 .15
1.61 0.43 Talphera TLPH ... dd 1.13 –0.19 ... 30.70 20.01 UnityBancorp UNTY 1.9 7 27.75 +1.00 .13 Sweden 0.74 Japan 0.53
44.05 13.82 TandemDiabetes TNDM ... dd 30.70 +3.12 ... 4.37 1.46 UnityBiotech UBX ... dd 1.57 –0.23 ... Norway 0.40 Philippines 0.26
13.03 2.47 TangoTherap TNGX ... dd 11.15 –0.29 ... 194.84 125.98 UnivDisplay OLED .9 40 169.23 –5.45 .40
12.19 10.41 TargetGlbl I A TGAA ... 47 11.12 ... ... 11.84 7.02 UnvlElectronics UEIC ... dd 8.59 –0.07 ... Germany 0.19 India 0.20
40.40 11.33 TarsusPharm TARS ... dd 33.33 –3.62 ... 38.49 20.85 UnivLogistics ULH 1.1 11 37.60 +3.67 .105 0.00 Greece Malaysia 0.04
17.71 7.95 TaskUs TASK ... 26 12.57 –0.64 ... 22.70 8.36 UnvlStainless USAP ... dd 22.01 +0.86 ...
13.75 5.01 TatTechnologies TATT ... 23 11.90 –1.64 ... 26.70 16.10 UnivestFin UVSP 4.2 8 20.22 +0.30 .21
-0.16 Finland -0.84 Hong Kong
3.89 0.50 TayshaGene TSHA ... dd 2.52 –0.71 ... 36.17 22.42 Upbound UPBD 4.4 dd 33.62 +0.14 .37 -0.19 U.K. -1.56 China
12.25 10.53 Tech&TelecomA TETE ... dd 11.68 ... ... 5.28 2.42 UplandSoftware UPLD ... dd 2.54 –0.27 ...
41.93 23.43 TechTarget TTGT ... cc 31.26 –0.46 ... 72.58 11.93 Upstart UPST ... dd 27.34 +1.02 ... Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices
6.36 4.33 Ericsson ERIC 3.0 dd 5.56 +0.08.0873 16.36 6.56 Upwork UPWK ... cc 12.93 –0.57 ...
22.75 6.13 Telesat TSAT ... 1 9.87 +1.40 ...
3.32
5.00
0.30
1.53
TelesisBio
Telos
TBIO ...
TLS ...
dd
dd
.55
3.67
+0.02 ...
–0.13 ...
47.29
24.13
2.36
24.73
7.75
1.30
UrbanOutfitters
UroGenPharma
Usio
URBN ...
URGN ...
USIO ...
14
dd
dd
41.49
17.99
1.74
–0.73 ...
+0.22 ...
–0.03 ...
Key Foreign Stock Market Indexes
63.57 33.79 10xGenomics TXG ... dd 39.81 –5.75 ... Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date
100.59 69.00 UtahMedProducts UTMD 1.7 15 69.31 –0.36 .30 Close %Chg. Chg. % Chg. Close %Chg. Chg. % Chg.
53.50 33.85 Tenable TENB ... dd 46.57 –1.53 ... 4.60 2.50 UTStarcom UTSI ... dd 2.65 –0.25 ...
8.09 1.66 TenayaTherap TNYA ... dd 6.40 –0.27 ... Amsterdam AEX 861.96 +0.92 +75.14 +9.55 Milan FTSE All Share 35537 +1.39 +3058.13 +9.42
27.30 1.92 Uxin UXIN ... dd 2.06 –0.28 ...
12.03 10.33 TenXKeaneAcqn TENK ... 56 11.01 ... ... Athens General 1427.02 +0.30 +133.88 +10.35 Oslo Composite 1482.10 +0.52 –37.22 –2.45
V
8.83 0.13 TenXKeaneAcqnRt TENKR ... ... .19 +0.03 ... Bangkok SET 1386.42 +1.39 –29.43 –2.08 Paris CAC 8028.01 +1.18 +484.83 +6.43
119.20 81.08 Teradyne TER .5 39 106.12 +0.24 .12 4.19 1.39 VNET VNET ... dd 1.53 –0.01 ...
14.75 7.25 VOXX Intl VOXX ... dd 8.17 –0.05 ... Bombay Sensex 74119 +0.42 +1879.13 +2.60 Santiago Selective 3537.00 –2.22 +69.46 +2.00
14.04 3.26 TernsPharm TERN ... dd 8.11 +0.80 ...
21.17 6.85 TerritorialBncp TBNK 2.3 15 8.58 –0.41 .05 78.00 39.89 VSE VSEC .5 32 76.72 +1.29 .10 Brussels Bel-20 3733.99 +0.95 +26.22 +0.71 Sao Paulo Bovespa 127070 –1.63 –7114.45 –5.30
299.29 152.37 Tesla TSLA ... 41 175.34 –27.30 ... 26.80 6.75 Vacasa VCSA ... dd 6.91 –2.16 ... Buenos Aires Merval 1002335 –4.99 +72631 +7.81 Seoul Composite 2680.35 +1.44 +25.07 +0.94
190.14 131.19 TetraTech TTEK .6 43 186.56 +10.05 .26 11.32 6.39 ValleyNatlBncp VLY 5.5 8 7.96 –0.06 .11
Copenhagen OMX 20 2718.42 +4.33 +434.89 +19.04 Shanghai Composite 3046.02 +0.63 +71.08 +2.39
21.09 4.08 TevogenBio TVGN ... cc 7.00 –0.05 ... 17.05 6.58 Valneva VALN ... dd 7.22 +0.15 ...
66.18 42.79 TexasCapBcshs TCBI ... 17 60.69 +2.59 ... 11.85 10.48 ValuenceI A VMCA ... 53 11.33 +0.01 ... Dublin ISEQ 9661.50 +1.47 +901.14 +10.29 Shenzhen B Share Idx 1069.31 –0.64 –11.69 –1.08
188.12 139.48 TexasInstruments TXN 3.0 24 172.30 +1.25 1.30 7.00 3.30 VandaPharm VNDA ... 89 3.87 –0.74 ... EURO STOXX SXXE 506.31 +1.09 +32.17 +6.78 Singapore FTSE STI 3147.09 +0.36 –93.18 –2.88
152.55 91.06 TexasRoadhouse TXRH 1.6 33 148.36 –1.24 .61 23.90 16.72 VarexImaging VREX ... 20 17.58 +0.29 ... EURO STOXX 50 SXSE 4961.11 +1.35 +439.46 +9.72 Stockholm OMXS 938.67 +0.95 +35.78 +3.96
47.11 25.13 TheBancorp TBBK ... 10 36.49 –7.62 ... 52.88 22.34 VaronisSystems VRNS ... dd 49.81 –1.30 ...
4.72 1.95 TherapeuticsMD TXMD ... dd 2.33 –0.21 ... 14.00 1.63 VastRenewables VSTE ... cc 2.70 +0.25 ... Frankfurt DAX 17814 +0.45 +1062.87 +6.34 STOXX Europe 50 SXSP 4362.97 +1.40 +269.60 +6.59
12.03 8.21 TheravanceBio TBPH ... dd 8.62 –0.82 ... 4.55 3.05 VastaPlatform VSTA ... dd 3.88 +0.03 ... Helsinki OMHX 9835.99 –0.14 –261.70 –2.59 STOXX Europe 600 SXXP 503.26 +1.14 +24.27 +5.07
21.50 12.31 ThirdCoastBcshs TCBX ... 11 19.91 +0.80 ... 82.04 34.11 Vaxcyte PCVX ... dd 72.69 +0.98 ... Hong Kong Hang Seng 16353 –1.42 –694.00 –4.07 Sydney S&P/ASX 200 7847.00 +1.31 +256.18 +3.37
11.60 3.75 ThirdHarmonic THRD ... dd 9.97 –0.33 ... 3.10 0.56 Vaxxinity VAXX ... dd .70 –0.10 ...
Istanbul IMKB 9155.32 +0.64 +1685.14 +22.56 Taipel Weighted 19785 +4.49 +1854.51 +10.34
1.14 0.31 36Kr KRKR ... dd .36 ... ... 37.75 17.70 VeecoInstr VECO ... dd 35.83 –1.07 ...
8.41 2.45 Thoughtworks TWKS ... dd 2.60 –0.39 ... 41.93 1.87 VentyxBiosciences VTYX ... dd 9.92 +1.42 ... Jakarta Composite 7381.91 +0.96 +109.11 +1.50 Tel Aviv 125 Index 1970.77 –0.52 +83.69 +4.43
4.39 1.66 ThredUp TDUP ... dd 1.78 –0.33 ... 8.35 4.60 VeraBradley VRA ... dd 7.36 –0.45 ... Johannesburg All Share 73717 +1.29 –3175.37 –4.13 Tokyo Nikkei-225 39688 –0.56 +6224.77 +18.60
10.99 10.07 ThunderBridgeIV A THCP ... 74 10.28 +0.02 ... 50.78 5.95 VeraTherap VERA ... dd 44.30 –4.84 ...
Kuala Lumpur Composite 1539.86 +0.12 +85.20 +5.86 Toronto S&P/TSX 21737 +0.86 +779.09 +3.72
3.40 1.50 TilrayBrands TLRY ... dd 1.70 –0.03 ... 30.52 19.52 Veracyte VCYT ... dd 22.72 –1.28 ...
32.20 22.11 TimberlandBncp TSBK 3.6 8 26.60 +1.10 .24 50.09 27.92 Vericel VCEL ... dd 45.20 +0.49 ... LISBON PSI 4264.09 +0.37 –468.19 –9.89 Vienna ATX 3378.54 ... –56.43 –1.64
46.63 21.44 TitanMachinery TITN ... 5 25.17 –0.59 ... 40.28 18.41 VerintSystems VRNT ... cc 30.87 –0.59 ... London FTSE - 100 7659.74 –0.30 –73.50 –0.95 Wellington S&P/NZX 50 11923 +1.53 +153.23 +1.30
37.11 22.31 Torm TRMD17.1 5 33.76 –0.04 1.36 229.72 188.44 VeriSign VRSN ... 24 191.02 –4.21 ... Madrid IBEX 35 10305 +2.39 +203.60 +2.02 Zurich Swiss 11647 +1.33 +509.35 +4.57
45.87 21.43 TowerSemi TSEM ... 7 32.31 –1.31 ... 251.98 177.89 VeriskAnalytics VRSK .7 56 236.53 –5.12 .39
Manila Composite 6942.21 +0.33 +492.17 +7.63
31.08 21.22 TowneBank TOWN 3.6 13 27.54 +0.63 .25 24.46 14.88 Veritex VBTX 3.9 10 20.52 +0.78 .20
255.65 185.00 TractorSupply TSCO 1.8 25 250.49 –1.93 1.10 6.03 1.48 Veritone VERI ... dd 2.24 –0.01 ... Mexico City IPC 54935 –1.08 –2450.26 –4.27 Indexes are based on local currencies. Because of various holidays and other market closings, the most
94.00 50.33 TradeDesk TTD ... cc 81.59 –2.30 ... 23.81 11.83 VeronaPharma VRNA ... dd 16.23 –1.96 ... recent close is not necessarily that of the week of publication.
108.04 64.83 Tradeweb TW .4 60 102.88 –1.93 .10 7.76 2.86 VerricaPharm VRCA ... dd 5.01 –0.54 ...
46 BARRON’S March 11, 2024

D ATA TOP 500 EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA

Tick Div Tick Div Tick Div Tick Div Tick Div
NOTICE TO READERS: Listed are Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
the top 500 ETF’s based on weekly InvscBS26CpBd BSCQ 3.6 19.27 +0.05 .0593 DimenUSCore DFAU 1.2 35.63 ... .1342 GlbX US Pfd PFFD 6.2 20.23 +0.09 .105 iSh MSCI EM EEM 2.6 40.82 +0.34 .748 SPDRNuvBBHYMuni HYMB 4.1 25.62 +0.09 .0904
volume. InvscHYEquDivAch PEY 5.0 20.05 +0.33 .0806 DimenUSCoreEq2 DFAC 1.1 31.08 +0.06 .1033 GlbX Uranium URA 6.0 28.06 –0.23 1.6816 iShMSCIFrance EWQ 2.6 40.90 +0.66 .2515 SPDRPtfAggBd SPAB 3.5 25.36 +0.19 .0782
InvscKBWBank KBWB 3.1 51.14 +1.48 .3877 DimenUSHiProf DUHP 1.4 30.81 –0.18 .1376 GSTreasury0-1Y GBIL 4.9 99.85 +0.10 .4018 iShMSCIGermany EWG 2.5 31.01 +0.23 .0015 SPDRPtfDevxUS SPDW 2.6 35.52 +0.55 .3504
Tick Div
Name Sym Yld Last Chg. Amt. InvscNasd100 QQQM .6 180.74 –2.74 .3807 DimenUSSCValue DFSV 1.3 28.93 +0.18 .1146 GSActBetaIntlEq GSIE 2.7 34.14 +0.49 .1495 iShMSCIHongKong EWH 4.6 16.19 –0.07 .4295 SPDRPtfEM SPEM 2.8 36.02 +0.17 .5469
InvscPHLXSemicon SOXQ .7 39.11 +0.24 .076 DimenWorldexUS DFAX 2.9 25.20 +0.32 .1767 GrShrGold BAR ... 21.52 +0.93 ... iShMSCIIndonesia EIDO 2.9 22.89 +0.41 .1758 SPDR PtfHYBd SPHY 7.5 23.35 +0.06 .156
Bats InvscQQQI QQQ .5 439.02 –6.59 .8083 DirexCSIChinaInt CWEB 3.2 27.41 –2.29 .4686 GrayscaleBitcoin GBTC ... 61.90 +5.62 ... iShMSCIIntlQual IQLT 2.2 39.56 +0.46 .3689 SPDRPtfIntermCpBd SPIB 4.0 32.69 +0.18 .1171
ARKGenomicRev ARKG ... 30.37 –1.26 ... InvscVarRateInvt VRIG 6.1 25.13 +0.02 .1294 DirexDJBear3X WEBS 11.1 6.56 +0.23 .1701 HealthCrSelSect XLV 1.5 146.43 +0.09 .5977 iShMSCIJapan EWJ 1.8 71.18 +0.85 .8746 SPDR PtfIntTrea SPTI 3.2 28.31 +0.17 .081
ARK21ShrsBitcoin ARKB ... 69.39 +6.21 ... iShBiotech IBB .3 138.65 –1.16 .124 DirexDJBull3X WEBL .0 18.44 –0.81 .0001 IndSelSectorSPDR XLI 1.5 122.30 +0.78 .6146 iShMSCIMexico EWW 2.3 65.59 –0.05 1.0273 SPDRPtfLTCorpBd SPLB 4.7 23.26 +0.30 .0958
AlphaArch1-3M BOXX ... 106.14 +0.08 ... iShBitcoin IBIT ... 39.55 +3.56 ... DirexEnerBull2x ERX 2.9 61.42 +1.35 .3736 InvscDBComm DBC 4.9 22.17 +0.07 1.0893 iShMSCISaudiArabia KSA 2.3 44.29 –0.53 .5432 SPDRPtfLtTrea SPTL 3.4 28.24 +0.42 .0818
BlkRkShDurBd NEAR 4.8 50.46 +0.11 .2113 iShBrdUSDInvCpBd USIG 4.1 50.80 +0.39 .184 DirexChinaBr3 YANG 3.7 12.68 +0.66 .1403 InvscDBOilFund DBO 4.4 14.66 –0.08 .6385 iShMSCISingapore EWS 6.7 18.20 +0.26 .5344 SPDRPtfMtgBkdBd SPMB 3.3 21.81 +0.23 .0649
BlkRkUltShBd ICSH 4.9 50.42 +0.07 .2271 iShCoreMSCITotInt IXUS 2.2 67.34 +0.88 1.0484 DirexChinaBl3 YINN 4.9 17.97 –1.15 .3926 InvscDBUSDBull UUP 6.3 27.78 –0.26 1.7455 iShMSCISthKorea EWY 2.5 66.27 +1.34 1.651 SPDRS&P500Value SPYV 1.7 48.83 +0.51 .2311
DimenIntlCore2 DFIC 2.5 26.47 +0.41 .1601 iShCoreS&PUSGrw IUSG 1.0 114.87 –1.24 .3268 DirexFinlBear3 FAZ 6.0 11.17 –0.23 .0801 InvscEMSovDebt PCY 6.6 20.50 +0.22 .1081 iShMSCISwitz EWL 2.1 48.22 +1.13 1.0215 SPDRPtfS&P1500 SPTM 1.3 62.77 –0.07 .2313
DimenIntlHiProf DIHP 2.1 26.79 +0.22 .119 iShCoreS&PUSVal IUSV 1.7 88.09 +0.90 .4104 DirexFinlBull3 FAS 1.5 100.89 +2.23 .3829 InvscFTSEUS1000 PRF 1.7 37.28 +0.21 .1809 iShMSCITaiwan EWT 3.7 48.46 +1.60 5.527 SPDRPtfS&P500 SPLG 1.3 60.21 –0.13 .2212
FTVestFdBf BUFR ... 27.62 –0.03 ... iShCoreTotUSDBd IUSB 3.6 45.70 +0.33 .1463 DirexGoldMinBr2 DUST 3.6 10.88 –1.97 .0638 InvscNatAMTFrMuni PZA 3.0 24.07 +0.06 .0587 iShMSCIUK EWU 4.1 33.33 +0.41 .7471 SPDRS&P500Growth SPYG 1.0 71.78 –0.86 .2048
FTS&P500Div KNG 10.0 52.50 +0.46 .3735 iShESGAwareMSCI ESGD 2.1 79.27 +1.30 .9185 DirexGoldMinBl2 NUGT 1.9 30.66 +4.52 .3292 InvscPreferred PGX 6.8 12.00 +0.12 .0556 iShMornMCGrw IMCG .8 69.62 +0.46 .1828 SPDRS&P500HiDiv SPYD 4.6 39.97 +1.02 .534
FidBlueChipGr FBCG .0 37.84 –0.14 .008 iShESGAwareEM ESGE 2.4 32.20 +0.25 .6208 DirexJrGoldMinBr2 JDST 4.5 5.86 –1.04 .0243 InvscS&P500EW RSP 1.6 165.51 +1.58 .6091 iShNatlMuniBd MUB 2.7 108.17 +0.30 .2582 SPDRPtfS&P400MC SPMD 1.4 51.84 +0.80 .1881
FidWiseBTC FBTC ... 60.73 +5.54 ... iShESGAwareUSA ESGU 1.3 112.44 –0.40 .3371 DirexJrGoldMnBl2 JNUG 1.9 29.29 +4.25 .1207 InvscS&P500EWTech RSPT .5 35.18 –0.23 .0472 iShRuss2000Val IWN 2.0 154.76 +0.66 .8976 SPDRPtfS&P600SC SPSM 1.6 42.04 +0.03 .2986
FrankBitcoin EZBC ... 40.28 +3.64 ... iShFallAngelUSDBd FALN 5.5 26.60 +0.08 .1345 DirexRealEstBl3 DRN 2.9 10.30 +0.43 .0701 InvscS&P500HiBeta SPHB .7 85.66 +0.25 .1693 iShRussMC IWR 1.4 82.02 +0.63 .3389 SPDRPtfSTCpBd SPSB 4.3 29.75 +0.07 .1128
GlbXUSInfrDevt PAVE .6 38.28 +0.32 .156 iSh5-10YIGCpBd IGIB 3.9 51.64 +0.44 .1764 DirexRegBksBl3x DPST 2.3 76.38 +8.18 .4438 InvscS&P500HiDiv SPHD 4.4 43.28 +0.99 .1454 iShRussMCGrw IWP .5 112.31 +0.08 .1533 SPDRShtTermTrea SPTS 3.9 28.95 +0.06 .0995
GS PhysGold AAAU ... 21.56 +0.93 ... iShGlbCleanEner ICLN 1.1 14.34 +0.21 .1228 DirexRetailBull3 RETL 1.2 9.97 –0.58 .0293 InvscS&P500LowVol SPLV 2.4 64.60 +0.60 .1217 iShRussMCVal IWS 1.7 121.71 +1.33 .5866 SPDR S&P400 MCG MDYG 1.1 84.66 +1.22 .2941
InnovS&P500Buff BJUL ... 39.62 –0.06 ... iShGlbInfr IGF 2.6 46.45 +0.94 .9069 DirexS&P500Br3 SPXS 6.9 9.47 +0.09 .1042 InvscS&P500Mom SPMO 1.3 79.00 +0.30 .1644 iShRuss1000 IWB 1.2 281.60 –0.63 .9764 SPDRS&PBank KBE 2.8 45.40 +1.31 .3432
InnovS&P500PwrMr PMAR ... 36.36 –0.06 ... iShiBdsDec25Trea IBTF 4.1 23.22 +0.03 .0791 DirexS&PBiotBr3 LABD 9.1 6.55 +0.50 .0846 InvscS&P500PrGrw RPG 1.3 36.00 –0.25 .1148 iShRuss1000Grw IWF .6 330.90 –4.25 .6037 SPDR S&P 500 SPY 1.3 511.72 –1.13 1.9061
InvscGalaxyBTC BTCO ... 69.38 +6.29 ... iShiBdsDec24Trea IBTE 4.3 23.89 +0.02 .0865 DirexS&PBiotBl3 LABU .3 153.17 –12.88 .2097 InvscS&P500Qual SPHQ 1.3 59.16 –0.06 .197 iShRuss1000Val IWD 1.9 174.06 +1.91 .9625 SPDRS&PGlbNatRes GNR 3.5 54.91 +0.78 .9821
InvscRuss1000Dyn OMFL 1.3 53.03 +0.68 .1179 iShJPMUSDEmBd EMB 4.8 89.21 +0.78 .3857 DirexS&P500Br1 SPDN 6.2 12.55 +0.05 .2117 InvscS&P500Top50 XLG .9 41.27 –0.45 .088 iShRussTop200Gr IWY .6 191.55 –2.92 .3874 SPDR S&P Home XHB .7 104.76 +0.37 .1877
iPathS&P500VIX VXX ... 14.48 +0.88 ... iShMBS MBB 3.5 92.93 +0.87 .2921 DirexS&P500Bl3 SPXL .8 125.73 –1.31 .3038 InvscS&PMCQual XMHQ .6 106.41 +3.13 .1645 iShRuss2000 IWM 1.3 206.83 +0.94 .7339 SPDRS&PInsurance KIE 1.3 49.98 +0.40 .2191
iShBrdUSDHYCpBd USHY 6.6 36.38 +0.13 .2183 iShMSCIACWI ACWI 1.8 108.07 +0.39 .9624 DirexHiBetaBear3X HIBS 7.3 24.14 –0.21 .3332 InvscSrLoan BKLN 8.7 21.19 +0.05 .1379 iShRuss2000Gw IWO .7 268.52 +0.93 .583 SPDR S&P Metals XME 1.0 58.57 +1.20 .0962
iShCoreMSCIEAFE IEFA 3.1 73.68 +1.18 .9678 iShMSCIACWIxUS ACWX 2.2 52.99 +0.73 .7141 DirexS&POilBr2 DRIP 5.5 10.38 –0.10 .0891 InvscSolar TAN ... 45.77 +1.59 ... iShS&P500Grw IVW .9 82.83 –1.02 .2126 SPDRS&PRegBkg KRE 3.2 49.57 +1.96 .4313
iShCurrMSCIEAFE HEFA 2.8 33.91 +0.19 .3963 iShMSCIACxJpn AAXJ 1.4 67.57 +0.82 1.1081 DirexS&POilBl2 GUSH 2.8 34.99 +0.30 .207 iShChinaLC FXI 2.6 23.47 –0.45 .6074 iShS&P500Value IVE 1.6 182.01 +1.84 .7939 SchwabEM Equity SCHE 3.8 25.14 +0.14 .8224
iShIntlSelDiv IDV 6.5 27.93 +0.42 .3728 iShMSCIBrazilSC EWZS 3.5 14.20 –0.05 .2451 DirexSemiBr3x SOXS 16.9 3.18 –0.14 .0697 iShCoreDivGrowth DGRO 2.3 56.73 +0.19 .3701 iShS&PGSCIComm GSG ... 21.19 –0.16 ... SchwabFundEmgLrg FNDE 4.7 27.51 +0.11 1.0175
iShTransportAvg IYT 4.7 70.14 –0.30 .2122 iShMSCIChina MCHI 2.1 38.96 –0.67 .9941 DirexSemiBl3 SOXL .3 48.95 +0.62 .0632 iShCoreHiDiv HDV 3.6 107.08 +1.19 .9768 iShS&PSC600Value IJS 1.5 100.61 +0.53 .2183 SchwabFundIntLrg FNDF 3.3 35.01 +0.58 .7692
iShUSAero&Def ITA .9 129.18 +1.29 .4328 iShMSCIEAFESC SCZ 1.6 62.84 +1.00 .8304 DirexScBear3 TZA 6.1 18.03 –0.17 .1106 iShCoreMSCIEM IEMG 2.8 51.34 +0.37 .977 iShSilver SLV ... 22.23 +1.06 ... SchwabFundUSLrg FNDX 1.7 65.27 +0.35 .3186
iShUSHomeConstrn ITB .4 109.77 +0.13 .1006 iShMSCIEMxChina EMXC 2.1 57.39 +0.91 .6371 DirexSCBull3 TNA 1.2 40.96 +0.36 .2184 iShCoreMSCIEur IEUR 3.0 57.22 +1.01 .5676 iShTIPSBond TIP 2.7 107.59 +0.47 .2557 SchwabIntmUSTrsr SCHR 3.3 49.30 +0.32 .1429
iShEdgeMSCIMinEAFE EFAV 3.0 71.10 +1.36 .8214 iShMSCIEurFinls EUFN 4.8 21.87 +0.56 .3201 DirexKRBull3 KORU 2.6 9.18 +0.44 .1505 iShMSCIIntlDev IDEV 2.9 66.56 +1.04 .8684 iSh10-20YTreaBd TLH 4.0 105.88 +1.55 .3341 SchwabIntEquity SCHF 2.8 38.68 +0.61 .7038
iShEdgeMSCIMinEM EEMV 2.7 57.19 +0.45 1.058 iSh1-5YIGCpBd IGSB 3.4 51.23 +0.17 .1623 DirexTechBear3 TECS 9.5 7.86 +0.36 .1227 iShCoreS&P500 IVV 1.3 514.29 –1.10 1.9253 iSh10+YIGCpBd IGLB 4.7 51.54 +0.64 .2082 Schwab1000Index SCHK 1.3 49.54 –0.09 .1791
iShEdgeMSCIMinUSA USMV 1.7 82.13 +0.34 .4299 iSh1-3YTreaBd SHY 3.2 81.80 +0.14 .2405 DirexTechBull3 TECL .2 79.53 –4.57 .0709 iShCoreS&P MC IJH 1.4 59.01 +0.86 .2412 iShTreaFRBd TFLO 5.1 50.56 +0.06 .244 SchwabST USTr SCHO 4.0 48.23 +0.09 .1834
iShEdgeMSCIUSAMom MTUM 1.1 185.66 –0.82 .3593 iShPfd&Incm PFF 6.3 32.23 +0.29 .1703 Direx20+TreaBr3 TMV 3.5 32.49 –1.26 .2699 iShCoreS&P SC IJR 1.3 108.01 +0.11 .2827 iShUS Energy IYE 2.9 46.16 +0.54 .3579 SchwabUS AggrBd SCHZ 3.4 46.17 +0.35 .1396
iShEdgeMSCIUSAQual QUAL 1.1 161.61 –0.77 .4489 iShSelectDiv DVY 3.7 119.60 +3.11 1.1893 Direx20+YrTrBull TMF 3.2 57.39 +2.14 .4973 iShCoreS&PTotUS ITOT 1.4 112.81 –0.20 .473 iShUSRealEst IYR 2.8 90.85 +1.29 .7666 SchwabUS BrdMkt SCHB 1.3 59.72 –0.10 .2243
iShEdgeMSCIUSAVal VLUE 2.6 105.08 +1.19 .6561 iShSemiconductor SOXX .5 228.13 +1.52 .3744 EnSelSectorSPDR XLE 3.4 88.17 +1.03 .8021 iShCoreUSAggBd AGG 3.3 98.27 +0.74 .2862 iShUSRegBks IAT 3.6 41.82 +1.63 .4816 SchwabUS Div SCHD 3.4 78.43 +0.28 .7423
iShExpTechSftwr IGV .0 84.93 –1.98 .0051 iSh7-10YTreaBd IEF 3.0 95.23 +0.83 .2493 FidMSCIEn FENY 3.2 24.17 +0.25 .20 iShUSMedDevices IHI .5 58.62 +1.20 .097 iShUSTech IYW .2 133.51 –1.90 .231 SchwabUS LC SCHX 1.3 60.76 –0.11 .2236
iShFRBd FLOT 5.8 50.88 +0.06 .2414 iShShortTreaBd SHV 5.0 110.21 +0.10 .4477 FidTotalBd FBND 4.4 45.59 +0.33 .172 iShEurope IEV 2.7 55.04 +0.94 .359 iSh0-5YHYCpBd SHYG 6.5 42.39 +0.09 .2324 SchwabUS LC Grw SCHG .4 91.11 –1.04 .1037
iShIntlAggBd IAGG 3.5 49.87 +0.25 1.7697 iSh3-7YTreaBd IEI 2.5 116.35 +0.62 .2749 FinSelSectorSPDR XLF ... 40.62 +0.33 ... iShGlobalEnergy IXC 3.3 40.35 +0.37 .6362 iSh0-5YTIPSBd STIP 2.8 99.30 +0.21 .2237 SchwabUS LC Val SCHV 2.3 73.88 +0.67 .4816
iShMSCIEAFEGrw EFG 1.5 104.07 +1.33 .6555 iSh20+YTreaBd TLT 3.5 95.73 +1.26 .2952 FT DJ Internet FDN ... 202.35 –2.69 ... iShGlobalREIT REET 3.3 23.75 +0.36 .2395 iSh0-3MTreaBd SGOV 4.1 100.42 +0.10 .4581 SchwabUS REIT SCHH 3.3 20.56 +0.31 .2245
iShMSCIEurozone EZU 2.4 50.09 +0.73 .3513 JPMNasdEqPrem JEPQ 9.1 53.19 –0.07 .3804 SchwabUS SC SCHA 1.4 48.23 +0.10 .2331
FT EnergyAlpDx FXN 3.0 17.48 +0.20 .1083 iShGoldTr IAU ... 41.18 +1.78 ... JPM AlerianMLP AMJ 6.1 27.77 +0.18 .4227
Schwab US TIPs SCHP 3.0 52.22 +0.23 .1369
iShMSCIIndia INDA .2 52.28 +0.36 .0801 PrinUSMega USMC 1.2 50.68 –0.50 .1814 FT InstPfdSecs FPEI 5.6 18.15 +0.09 .0808 iShGoldTrMicro IAUM ... 21.74 +0.95 ... JanusHendersonAAA JAAA 6.3 50.52 +0.06 .262
SimplifyEnhIncm HIGH 9.7 24.45 ... .20
iShMSCIEAFEValue EFV 4.2 53.60 +1.03 .9574 ProShUltPrQQQ TQQQ 1.1 60.06 –3.07 .2234 FT MstarDiv FDL 4.4 37.22 +0.69 .5172 iShiBdsDec28Cp IBDT 4.3 24.92 +0.13 .0952 JanusHendMtg JMBS 4.7 45.35 +0.47 .1904
SimplifyHdgEq HEQT 1.0 26.24 +0.01 .7967
iSh20+YTrBdBuy TLTW 19.2 26.66 –0.07 .2123 ProShUltShQQQ SQQQ 9.8 10.96 +0.47 .2829 FT PfdSecs FPE 5.9 17.26 +0.14 .0876 iShiBdsDec25Cp IBDQ 3.4 24.77 +0.04 .0779 JPM EqPrem JEPI 7.6 57.10 +0.28 .3009
SimplifySTTrea TUA 5.0 22.30 +0.12 .10
iShUSTelecom IYZ 2.4 21.91 –0.27 .1225 T-Rex2XInvrTesla TSLZ ... 41.00 +9.58 ... FT TCWUnPlBd UCON 4.8 24.69 +0.14 .10 iShiBdsDec24Cp IBDP 3.1 24.99 +0.02 .0747 JPM USQualFactor JQUA 1.1 52.09 –0.08 .1928
SimplifyVolPrem SVOL 16.3 22.64 –0.10 .30
iShUSTreasuryBd GOVT 2.8 22.82 +0.14 .0532 T-Rex2XLgTesla TSLT ... 11.34 –3.98 ... FT ValLineDiv FVD 2.3 41.57 +0.50 .2928 iShiBdsDec27Cp IBDS 3.9 23.81 +0.07 .086 JPM UltShIncm JPST 5.0 50.32 +0.08 .214
SPDR S&PMdCpTr MDY 1.1 539.40 +7.79 1.8908
JPMBetaEurope BBEU 2.8 59.00 +1.05 .2563 USTrea3mBill TBIL 5.1 49.90 +0.05 .2193 FlexGlbUpNatRsc GUNR 3.7 39.54 +0.55 .4594 iShiBdsDec26Cp IBDR 3.6 23.84 +0.04 .0759 KraneCSICnInt KWEB 1.8 24.97 –1.02 .4193
SPDR S&P Biotch XBI .0 98.95 –2.58 .0139
JPMBetaJapan BBJP 2.7 58.32 +0.78 1.6015 ValkyrieBitcoinFd BRRR ... 19.66 +1.78 ... FrankFTSEJapan FLJP 2.7 30.90 +0.45 .4778 iShiBoxx$HYCpBd HYG 5.7 77.40 +0.22 .4382 MAXS&P5004X XXXX ... 36.16 –0.56 ...
SPDR S&P Div SDY 2.6 128.10 +2.25 .9782
JPMBetaUSDHYCpBd BBHY 6.5 45.95 +0.12 .2422 ValkyrieBitcoin WGMI .3 17.57 –0.41 .055 FrankUSCoreBd FLCB 3.6 21.41 +0.19 .0634 iShiBoxx$IGCpBd LQD 4.1 109.02 +1.10 .3886 MatlsSelSector XLB 1.9 89.35 +1.39 .5912
SPDRS&POil&Gas XOP 2.5 143.10 +0.82 1.0364
JPMCorePlusBd JCPB 4.5 46.73 +0.39 .1897 VanEckDigTrans DAPP ... 10.60 +0.42 ... GlbXCopperMiners COPX 2.4 38.04 +1.59 .3907 iShLatinAmer40 ILF 4.8 27.69 –0.59 .8603 MicroFang-3xInv BERZ ... 2.71 +0.15 ...
SPDR S&P Retail XRT 1.3 75.62 –1.40 .326
NeosS&P500Hi SPYI 11.7 49.99 +0.04 .4967 VanEckGlFallAngHY ANGL 5.5 28.78 +0.09 .1384 GlbXLithium LIT 1.3 44.18 –2.98 .3575 iShMSCIAustralia EWA 3.7 24.77 +0.58 .4883 MicroFANG-3XInvr FNGD ... 3.90 +0.28 ...
SprottUranium URNM 3.6 48.49 –0.65 1.751
-1xShVIXFutures SVIX ... 38.67 –2.45 ... VanEckSemicon SMH ... 224.99 +4.45 ... GlbXRuss2000Cvr RYLD 12.3 16.71 +0.09 .1632 iShMSCIBrazil EWZ 6.1 32.33 –0.87 1.221 MicroFang+3x FNGU ... 311.47 –30.33 ...
TRoweCapAppr TCAF ... 29.69 +0.01 ...
PacerUSCashCows COWZ 1.8 55.20 +0.66 .2977 VangdIntrCorpBd VCIT 3.9 80.60 +0.68 .2732 GlbXS&P500Cv XYLD 9.8 40.34 +0.07 .3017 iShMSCICda EWC 2.2 37.61 +0.50 .4859 MicroGold3XInvr GDXD ... 4.23 –1.24 ...
TechSelectSector XLK .7 207.35 –3.41 .422
PacerUSSCCash100 CALF 1.2 47.59 –1.18 .1638 VangdIntermTrea VGIT 2.9 58.84 +0.36 .1496 GlbXSilverMiners SIL .7 25.39 +1.63 .1374 iShMSCI EAFE EFA 2.8 79.25 +1.25 .9307 MicroGold3xLvgd GDXU ... 26.11 +5.49 ...
TeucriumWheatFd WEAT ... 5.14 –0.10 ...
ProShS&P500Arist NOBL 2.0 98.44 +0.98 .6558 VangdIntlHiDiv VYMI 4.4 68.70 +1.11 .8644 MicroUSBigBk3X BNKD ... 5.47 –0.43 ...
USGlobalJets JETS ... 20.10 ... ...
ProShShtVIXST SVXY ... 106.88 –3.41 ... VangdLTCorpBd VCLT 4.8 78.28 +1.02 .2865 MicroUSBigBk3X BNKU ... 26.23 +1.86 ...
UtilitiesSelect XLU 3.4 63.75 +2.03 .5972
ProShUltVIXST UVXY ... 7.42 +0.65 ... VangdLongTrea VGLT 3.5 59.86 +0.85 .1758 PGIMUltraShBd PULS 5.6 49.54 +0.07 .2208
VanEckBDCIncm BIZD 10.7 16.40 +0.15 .4679
ProShVIXSTFut VIXY ... 14.40 +0.88 ... VangdMBS VMBS 3.5 45.79 +0.40 .1453 PimcoEnhShMat MINT 4.8 100.17 +0.12 .435

Selected ETF Leaders

VanEckGoldMin GDX 1.7 29.64 +2.31 .5001
T-Rex2XInvrNVIDIA NVDQ ... 5.02 –0.80 ... VangdRuss1000Grw VONG .6 85.18 –1.09 .1653 ProShBitcoin BITO 12.4 31.80 +2.80 .7264
VanEck IG FR FLTR 6.2 25.39 +0.03 .1253
T-Rex2XLgNVIDIA NVDX ... 96.46 +10.87 ... VangdRuss2000 VTWO 1.4 83.54 +0.36 .4012 ProShShBitcoin BITI 5.9 7.64 –0.92 .0189
VanEckJPMEMLCBd EMLC 6.1 24.92 +0.20 .1156
2xBitcoinStrategy BITX ... 53.27 +7.89 ... VangdSTCpBd VCSH 3.3 77.28 +0.28 .229 ProShShtDow30 DOG 4.6 29.27 +0.30 .4085 VanEckJrGoldMin GDXJ .8 35.93 +2.69 .2736
2xLongVIXFut UVIX ... 10.98 +1.21 ... VangdShtTmInfltn VTIP 2.8 47.84 +0.11 .6375 ProShShrtQQQ PSQ 6.4 8.94 +0.15 .1904
SPDR Gold Shares VanEckMerkGoldTr OUNZ ... 21.06 +0.92 ...
VanEckBitcoin HODL ... 78.58 +7.13 ... VangdShortTrea VGSH 3.6 58.10 +0.11 .1927 4 ProShShRuss2000 RWM 4.9 20.66 –0.04 .3502 VanEckMtgREIT MORT 12.8 11.27 +0.01 .3408
VanEckHYMuni HYD 4.1 52.05 +0.15 .1706 VangdTotalBd BND 3.2 72.86 +0.54 .2023 (GLD) ProShShrtS&P500 SH 5.7 12.24 +0.05 .2355 VanEckPfdxFin PFXF 7.8 17.82 +0.17 .0851
VanEckMstrWd MOAT .8 87.85 +0.76 .7285 VangdTotIntlBd BNDX 4.5 49.10 +0.38 .0851 ProShUltBlmCrude UCO ... 29.45 –0.83 ... VangdExtMkt VXF 1.2 171.85 +0.35 .6768
VanEckVietnam VNM 5.0 13.46 –0.14 .6552 VangdTotIntlStk VXUS 3.1 60.06 +0.76 .8471 ProshUltBbgNtGas BOIL ... 15.73 –1.00 ...
iShares Core MSCI VangdSC Grwth VBK .6 257.24 +0.62 .6187
VangdESGUSStk ESGV 1.1 91.39 –0.39 .3253 WT CloudComp WCLD ... 35.14 –0.66 ... 1.61 ProShUltraQQQ QLD .1 85.76 –2.85 .0782 VangdSC Val VBR 2.1 185.61 +2.16 1.1538
VangdUltShrtBd VUSB 4.7 49.45 +0.08 .2033 WT USQltyDiv DGRW 1.7 74.46 –0.19 .08 EAFE (IEFA) ProShUltRus2000 UWM .3 39.53 +0.27 .1141 VangdDivApp VIG 1.8 178.86 –0.46 .9156
WT Bitcoin BTCW ... 73.77 +6.74 ... ProShUltraS&P SSO .2 74.25 –0.41 .1181 VangdEnergy VDE 3.2 122.91 +1.23 1.06
NYSE ARCA
NASDAQ
Vanguard FTSE ProShUltSemi USD .0 98.16 +3.95 .0269 VangdExtDuratn EDV 3.7 77.75 +1.40 .737
ARK Innovation ARKK ... 50.75 –0.39 ... 1.57 ProShUltSilver AGQ ... 27.56 +2.42 ...
Developed Markets VangdFTSEAWxUS VEU 3.2 58.38 +0.77 .843
AXS1.25XNVDABr NVDS 31.9 13.39 –1.21 4.2717 abrdnPhysGold SGOL ... 20.82 +0.91 ... ProShUltDow30 UDOW .9 79.33 –2.25 .1447 VangdFTSEDevMk VEA 3.0 49.97 +0.77 .6097
AXSShInnovDly SARK 12.3 26.45 +0.19 3.2644 abrdnPhysSilver SIVR ... 23.26 +1.11 ... (VEA) ProShUltRus2000 URTY .5 48.19 +0.37 .0847 VangdFTSE EM VWO 3.5 41.76 +0.19 .8649
AXS TSLA BrDly TSLQ 9.7 38.64 +5.00 3.7319 AdvShMSOS2xDly MSOX ... 4.34 –0.91 ... Vanguard Total Bond ProShUltS&P500 UPRO .6 66.14 –0.63 .1194 VangdFTSE Europe VGK 3.0 66.84 +1.07 .4571
0.75
DefNasdaq100Enh QQQY 64.9 16.34 –0.30 .80 AdvShPureUSCan MSOS ... 8.10 –0.77 ... Market (BND) ProShUltShDow30 SDOW 5.7 17.24 +0.50 .2532 VangdFTSE Pac VPL 2.9 76.12 +1.13 1.2995
DirexAAPLBear1X AAPD 3.9 22.92 +1.12 .264 AlerianMLPETF AMLP 7.4 46.42 +0.18 .88 ProShShtRus2000 SRTY 5.5 27.24 –0.33 .4869 VangdGrowth VUG .5 339.43 –4.14 .5847
DirexAAPLBull1.5X AAPU 2.8 22.57 –1.83 .2725 AmplifyAltHarvest MJ .0 3.24 –0.18 .0558 ProShUltSh&P500 SPXU 8.6 7.04 +0.06 .1817 VangdHiDiv VYM 3.0 117.33 +1.17 1.0995
DirexGooglBl1.5X GGLL 2.2 29.72 –0.62 .2265 AmplifyJrSilver SILJ .0 9.08 +0.78 .0009 Vanguard FTSE ProShUltShBbgCrd SCO ... 17.98 +0.49 ...
0.46 VangdInfoTech VGT .6 521.49 –5.90 .7946
DirexNVDABear1X NVDD 2.2 12.02 –0.84 .0311 AmplifyTransData BLOK 1.0 35.21 +0.89 .3436 Emerging Markets ProShUltShBlmGas KOLD ... 131.94 +4.59 ... VangdIntermBd BIV 3.3 75.68 +0.58 .2115
DirexNVDABull1.5X NVDU .3 63.51 +5.41 .1766 ArkFinInnov ARKF ... 29.69 +0.82 ... (VWO) ProShUltDow30 DXD 2.1 32.56 +0.61 .384 VangdLongTermBd BLV 4.2 72.72 +0.97 .2465
DirexTSLABr1x TSLS 3.3 25.92 +3.35 .2292 AvantisUSLCValue AVLV 1.7 61.89 +0.31 .3044 ProShUltShEner DUG 4.6 10.63 –0.22 .1652 VangdMC VO 1.4 244.42 +2.23 1.1834
iShares Core S&P ProShUltShQQQ QID 6.4 9.31 +0.28 .2055
DirexTSLABl1.5x TSLL 4.4 8.24 –2.04 .1253 AvantisUSSCValue AVUV 1.7 89.73 +0.10 .4379 0.10 VangdRealEst VNQ 4.0 87.73 +1.16 1.0683
FT CapStrength FTCS 1.4 83.99 ... .4313 BitwiseBitcoin BITB ... 37.85 +3.42 ... Small Cap (IJR) ProShUltShRus2000 TWM 5.0 10.98 –0.06 .2335 VangdS&P500ETF VOO 1.4 470.39 –1.04 1.8011
FT EnhShtMat FTSM 4.8 59.73 +0.09 .24 BitwiseCrypto BITQ 1.4 12.33 +0.48 .175 ProShUltShS&P500 SDS 6.6 26.30 +0.16 .5841 VangdST Bond BSV 2.6 76.77 +0.22 .1883
FT GlTactCommod FTGC 3.2 23.24 +0.13 .2115 BlkRkFlexIncm BINC 4.9 52.37 +0.23 .2366 Vanguard Total Stock ProShUSSemi SSG 13.5 2.52 –0.15 .0832 VangdSC VB 1.5 222.88 +1.59 1.0769
FT LowDurOpp LMBS 4.2 48.36 +0.16 .185 BlkRkUSEqRotat DYNF 1.0 43.32 –0.36 .0898 -0.18 ProShUltShSilver ZSL ... 17.48 –1.75 ... VangdTaxExemptBd VTEB 2.9 50.79 +0.10 .1312
FT NasdCybersec CIBR .4 57.26 –0.55 .1658 CapGrpCore CGUS 1.1 30.57 –0.08 .1017
Market (VTI) ProShUltraSh20+ TBT 4.6 32.35 –0.80 .5226 VangdTotalStk VTI 1.3 254.43 –0.47 1.0017
FT RisingDivAch RDVY 2.0 53.94 +0.61 .3421 CapGrpCorePlus CGCP 5.2 22.55 +0.18 .087 RealEstSectorSPDR XLRE 3.3 40.17 +0.63 .4208 VangdTotWrldStk VT 2.0 108.91 +0.45 .8008
FT SMID CapRising SDVY 1.9 33.40 +0.23 .1844 CapGrpDivVal CGDV 1.6 31.60 +0.07 .1668 SPDR S&P 500 ETF RoundBallMeta METV .2 12.48 ... .0191 VangdValue VTV 2.3 158.16 +1.32 1.0308
FT TCW Opp FIXD 4.0 44.10 +0.42 .155 CapGrpGlbGrw CGGO .7 28.39 +0.17 .1126 -0.22 SPDRBlackSrLoan SRLN 8.7 41.92 +0.15 .2944
Trust (SPY) WT EM HiDiv DEM 5.3 42.20 +0.54 .315
GlbXAI&Tech AIQ .1 33.65 –0.26 .0193 CapitalGrpGrw CGGR .4 31.43 –0.13 .0612 SPDRBlmCvSecs CWB 2.0 72.20 +0.23 .1257 WT EM SC Div DGS 4.5 50.98 +0.71 .455
GlbXNasd100Cv QYLD 11.5 17.92 ... .1772 CapGrpIntlFocus CGXU .9 25.28 +0.27 .0963 SPDR Blm HY Bd JNK 6.5 94.70 +0.29 .5287 WT EurHdgEqFd HEDJ 3.0 46.76 +0.18 .135
GlbX Robotics&AI BOTZ .2 32.38 +0.64 .0041 ColumbiaEMCoreXCh XCEM 1.2 30.92 +0.48 .3691 Vanguard Dividend SPDRBlmInvGrdFR FLRN 5.7 30.72 +0.05 .1434 WT FRTrea USFR 5.3 50.36 +0.05 .217
-0.26
GrShr2xLongCOINDly CONL .1 74.60 +25.20 .1086 CommSvsSPDR XLC .7 79.59 –0.43 .1737 Appreciation (VIG) SPDRBB1-10YTIPS TIPX 3.6 18.64 +0.06 .0607 WT IndiaEarn EPI .1 44.87 +0.37 .06
GrShr2xLgNVDA NVDL 4.0 238.59 +25.78 1.6852 CnsmrDiscSel XLY .8 180.31 –4.71 .3204 SPDRBbg1-3MTB BIL 5.1 91.53 +0.08 .3551 WT JapanHdg DXJ 2.9 104.99 –0.08 1.61
GrShr2xLgTSLA TSLR ... 12.40 –4.37 ... ConsStaplesSPDR XLP 2.5 75.16 +0.70 .5364 SPDRBlmSTHYBd SJNK 7.3 25.17 +0.05 .1587 XtrkHarvCSI300 ASHR 2.4 24.34 +0.05 .5925
GrShr2xShNVDA NVD ... 5.53 –0.89 ... DefR2000EnhOpt IWMY 79.2 17.58 +0.26 1.10
Invesco QQQ Trust SPDRDoubleTRTact TOTL 4.9 40.01 +0.30 .1707 XtrkMSCIEAFE DBEF 4.1 39.81 +0.17 .0342
-1.48
InvscActMgdETC PDBC 4.2 13.39 +0.05 .5601 DimenCoreFxIncm DFCF 4.5 42.21 +0.33 .126 (QQQ) SPDR DJIA Tr DIA 1.8 387.99 –3.32 .6119 XtrkUSDHYCpBd HYLB 5.9 35.56 +0.10 .1719
InvscBS28CpBd BSCS 4.0 20.15 +0.11 .0704 DimenEmgCore DFAE 2.4 24.63 +0.21 .0932 SPDR DJ REIT RWR 3.8 95.32 +1.38 1.2592 YieldAMDOpt AMDY 62.8 23.00 –0.62 1.6743
InvscBS25CpBd BSCP 3.5 20.47 +0.04 .064 DimenEMCore2 DFEM 2.3 25.40 +0.13 .1223 Source: Barron’s Statistics SPDREuroStx50 FEZ 2.5 51.75 +0.84 .119 YieldCoinOpt CONY 74.6 27.29 +2.65 1.0751
InvscBS24CpBd BSCO 2.9 20.97 +0.02 .0544 DimenIntlCore DFAI 2.5 29.97 +0.50 .1718 SPDRGoldMini GLDM ... 43.18 +1.88 ... YieldNVDAOpt NVDY 42.7 27.60 –2.76 1.5304
InvscBS27CpBd BSCR 3.9 19.35 +0.07 .0642 DimenIntlValue DFIV 3.8 35.84 +0.69 .3344 SPDR Gold GLD ... 201.63 +8.74 ... YieldTSLAOpt TSLY 96.6 15.91 –3.09 .8092
March 11, 2024 BARRON’S 47

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA

About Our Funds Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
The listings include the top 1250 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.

Cash Track
open-end funds by assets. These IntBdA 12.46 0.05 0.0 -3.3 Eq A 80.11 -0.37 4.5 33.3 US SmCpVal 45.26 0.22 0.7 27.4
funds value their portfolios daily IntlGrIncA 37.52 0.65 4.6 9.8 Carillon Reams: US TgdVal 32.02 0.18 0.4 26.9
and report net asset values (the
dollar amount of their holdings LtdTEBdA 15.33 0.04 0.3 -0.4 CorePlBd I 29.81 0.26 -0.1 -5.0 USLCpGr 34.25 -0.31 9.5 48.1
divided by the number of shares N PerA 59.86 0.16 7.1 18.8 UnconstrndBd I 12.27 0.09 1.0 4.1 USLgVa 47.35 0.55 6.3 26.6
outstanding) to the National NEcoA 58.87 -0.12 9.1 13.8 Carillon Scout: USLgVaIII 30.41 0.35 6.3 26.9 Cash Flow: Investors warmed to managed funds, sending $2.7 billion a week, on average, to equity funds
Association of Securities Dealers.
Total returns reflect both price NwWrldA 78.21 0.48 4.2 0.2 MidCap I 24.15 0.36 10.8 13.8 USSoCoreEq2 25.45 0.05 7.0 31.8 in the past month. Weekly contributions to taxable-bond funds netted out to $6.8 billion, while muni-bond
changes and dividends; these SmCpA 67.72 -0.15 2.2 -5.9 CausewayInst : USSustCoreI 40.31 -0.01 7.7 35.5 funds took in $240 million a week. Money-market funds got a weekly average of $8.1 billion.
figures assume that all distribu- STBFA 9.49 0.01 0.5 -0.2 USVectorEq 25.47 0.22 5.2 25.7
tions are reinvested in the fund. CausewayInst 19.88 0.37 1.6 23.0
TECAA 16.76 0.05 0.5 -0.6 Dodge & Cox:
Because Lipper is constantly up- CIBC Atlas:
dating its database, these returns TxExA 12.44 0.03 0.3 -0.7 Balanced n 103.35 1.14 2.1 17.7
WshA 60.83 -0.17 6.3 39.5 DispEq Inst 29.49 NA NA NA
may differ from those previously
ClearBridge:
Dodge & Cox n 10.93 0.11 -0.1 4.7 Equity Funds Municipal Bond Funds
published or calculated by others. AMG Managers Funds: GblStock n 15.26 0.17 2.3 26.1
3 year returns are cumulative. The AggressGrowthA107.08 -2.17 2.5 -3.5 Income n 12.61 0.11 -0.1 -2.6
3000 700
NAV is the last reported closing YachtmanFocFd I20.96 -0.01 4.3 22.4
YacktFocFd N n 21.04 -0.01 4.3 21.6 AllCapValueA 14.13 0.22 6.6 26.3 Intl Stk n 49.55 0.69 0.8 14.1
price for the week. Footnotes: NA: 600 440
not available. NE: performance YacktmanFd I 24.27 0.01 4.0 23.6 AppreciationA 33.34 -0.10 8.2 38.3 Stock n 253.88 3.15 4.2 30.8
excluded by Lipper editor. NN: fund Angel Oak Funds Trst: DividendStrat1 n 29.15 0.10 4.6 37.4 DoubleLine Funds:
not tracked. NS: fund not in DividendStratA 29.11 0.09 4.5 36.2 -1800 180
existence for whole period. e: ex AglOkMtiStFdClIn 8.51 0.05 1.5 -3.5 CoreFxdIncmI 9.27 0.07 0.2 -5.6
LargeCapGrowthA 57.80 -0.32 12.5 38.6
capital gains distributions. f: AQR Funds: LowDurBdI 9.59 0.02 1.0 5.3
previous day’s quote. n: no front- LargeCapGrowthI 68.76 -0.38 12.6 39.8
ShillerEnhCAPEI 14.60 NA NA NA
-4200 -80
or back-end sales charge. p: fund LgCapDefStyle I23.40 0.05 6.5 26.3 SmallCapGrowthIS 41.53 -0.30 2.4 -11.2
TotRetBdI 8.78 0.07 0.1 -6.4
assets are used to pay marketing Artisan Funds: Cohen & Steers:
TotRetBdN n 8.78 0.07 0.2 -7.1
-6600 -340
and distribution costs (12b-1 fees). GblOppInst 34.92 0.40 9.8 13.6
r: fund levies redemption fee or GlbRltyI 51.36 0.75 -1.2 0.9 Jan Feb Mar Jan Feb Mar
back-end load. s: stock dividend or Intl Inv n 29.07 0.59 8.4 10.9 InstlRlty 46.58 0.51 0.3 17.8 E
split of 25% or more. t: fund charges IntlInst 29.20 0.59 8.4 11.7 PrefSecIncnI 12.03 0.09 3.1 0.1
12b-1 fees (for marketing and IntlVal Inst 47.47 0.40 3.3 28.1 RltyIncI 16.70 0.20 0.5 16.2 Eaton Vance Class A: Money Market Funds Taxable Bond Funds
distribution) and a back-end load.
v: capital-gains distribution may be
IntlVal Inv n 47.32 0.40 3.2 27.2 RltyShs n 63.65 0.70 0.3 17.6 TMG1.0 n 2291.42 -8.46 8.4 37.3 25000 13900
a return of capital. x: ex cash MidCapInst 45.02 -0.28 8.2 -0.5 Colorado BondShares: TMG1.1 102.88 -0.39 8.4 36.2
dividend. MidCapInv n 37.64 -0.24 8.2 -1.2 ColoradoBdShs 8.88 0.03 2.1 8.7 Eaton Vance Class I: 19000 9300
Net YTD 3-Yr. B Columbia Class A: AtlCpSMID 40.56 0.45 7.1 27.9
NAV Chg. % Ret. % Ret. BalancedA 50.90 0.20 5.4 19.6 FltgRt 8.43 0.01 1.7 14.5 13000 4700
Baird Funds: ContCoreA 33.80 0.02 8.8 39.0 GblMacAbR 8.34 0.02 2.4 11.0
A 7000 100
AggBdInst 9.79 0.09 -0.2 -6.4 DisplCoreA 14.20 0.08 8.8 39.1 IncBos 5.14 0.02 1.1 9.9
AAM: CorBdInst 10.11 0.09 0.0 -5.0 DivIncA 32.12 0.11 5.7 33.8 NatlMuniInc 9.36 0.03 0.5 0.4
IntBdInst 10.29 0.05 0.2 -2.9 LgCpGrowA 62.40 -0.68 9.5 39.5 Edgewood Growth Instituti: 1000 -4500
B&GIncGroClI 24.12 -0.06 5.7 27.8
AB Funds: ShtTBdInst 9.41 0.02 0.6 2.2 LgCpVl A 16.18 0.13 5.5 24.6 EdgewoodGrInst49.86 NA NA NA Jan Feb Mar Jan Feb Mar
Baron Funds: LiGoBalA 11.49 0.04 4.3 11.3
CapFdInc.LCapGow103.76 -0.45 11.9 46.4 SelgComuInfoA 118.90 -1.08 6.4 41.0 F A red chart indicates a lower value than the starting period. Green means it's higher than the starting period.
MuniIncmShares 11.18 0.06 1.3 1.0 Asset n 102.31 -0.08 4.4 7.5
TaxEA 11.91 0.05 0.8 -2.4 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI
AB Funds - A: Growth n 99.08 0.07 3.6 11.1 Fairholme:
Columbia Class Adv:
LgCpGrA 91.98 -0.40 11.9 45.0 Partners n 142.09 -8.92 -11.0 3.0 Fairholme n 33.39 -0.06 -7.7 11.9
SmallCap n 32.83 0.14 8.5 9.6 DivIncom 32.80 0.10 5.8 34.8
RelatValA 6.52 0.05 6.9 33.2 Columbia Class C: FAM Value: Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
AB Funds - ADV: Baron Instl Shares: NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
DivInc 30.93 0.09 5.6 30.8 FAMValue n 99.03 0.72 8.6 28.1
GlbBd 6.91 0.05 0.2 -4.1 AssetInst 108.58 -0.08 4.4 8.4 Federated Hermes A: SrsAdvIntlCapApp 32.36 0.41 8.8 18.1 Freedom2035 K 15.25 0.13 5.1 13.8 GrStrt n 61.88 0.03 9.7 25.6 IntlValIdx 9.61 0.11 3.0 20.3
EmergingMktsInst 14.21 0.12 1.4 -23.0 Columbia Class I:
HiIncmAdv 6.93 0.03 1.4 8.1 StrValDivA p 5.46 0.12 1.0 21.9 StragInc n 11.46 0.07 1.3 2.8 Freedom2035K6 15.20 0.13 5.1 14.3 GwthDiscovery n 61.37 -0.29 13.9 45.0 LowDurationInc 10.08 0.00 1.0 7.5
GrowthInst 104.74 0.08 3.6 11.9 Acorn I 11.66 -0.01 6.7 -4.9 TotBdFdClZ 9.51 0.07 0.1 -3.8 Freedom2040 K 11.14 0.09 6.2 17.8 HighInc n 7.70 0.04 1.8 4.4 Muni Inc 9.96 0.03 0.3 -0.2
IntlStraEquPtADV 12.85 0.19 11.4 12.8 Federated Hermes Int:
PartnersInst 148.02 -9.28 -10.9 3.8 Balanced I 50.78 0.20 5.4 20.5 Fidelity Advisor A: Freedom2040K6 11.09 0.09 6.3 18.4 IntBd n 10.07 0.05 0.3 -3.0 SAIEmgMktLoVolIx 11.20 0.05 2.4 12.7
LgCpGrAdv 103.86 -0.45 11.9 46.1 ContCore I 34.22 0.03 8.9 40.1 InsHiYld 8.78 0.04 0.4 5.1
RealEstateInst 37.78 0.19 5.7 8.0 BalancA 27.80 0.05 5.5 21.0 Freedom2045 K 12.86 0.10 6.6 18.8 IntlCapiApp K6 16.66 0.21 8.9 18.8 SAIInflaFocFd 86.94 0.04 3.1 20.4
NationalPtf 9.73 0.03 0.6 -0.4 DivIncom I 32.16 0.10 5.8 34.8 TtlRtnBdI 9.48 0.07 -0.3 -5.7
SmallCapInst 35.49 0.15 8.6 10.4 EqGrA p/r 19.44 -0.09 13.8 43.7 Freedom2045K6 12.81 0.10 6.7 19.4 IntlDisc n 48.53 0.67 9.4 3.4 ShortTermBd 9.63 0.01 0.5 1.7
SmMidCpValAdv 22.97 0.24 3.5 14.0 LgCpGrow I 66.85 -0.73 9.5 40.6 Federated Hermes IS:
Bernstein Fds: GrOppA 146.42 0.60 14.1 17.2 Freedom2050 K 13.02 0.10 6.6 18.8 IntlGrRet n 20.72 0.34 8.2 20.0 TotalBd 9.01 0.07 0.1 -3.5
Advisers Inv Trst: LgCpIdx I 55.50 -0.13 7.7 39.8
DivrMuni n 13.94 0.03 0.5 1.0 KaufmnSCI 49.85 -0.97 4.7 -13.4 NwInsghtA 36.94 -0.07 14.3 43.0 Freedom2050K6 13.00 0.11 6.7 19.4 IntlSmCap n 32.04 0.45 2.2 9.8 TxFreeBd 10.12 0.03 0.3 0.5
Balanced n 87.83 -0.23 4.4 22.6 SelComunInfo 138.91 -1.26 6.4 42.1 StraValDivIS 5.50 0.12 1.1 22.9
IntmDur n 11.30 0.08 -0.4 -7.6 StrInA 11.29 0.06 1.2 1.8 Freedom2055 K 15.08 0.12 6.6 18.8 IntMu n 10.17 0.03 0.3 0.7 U.S.TreBdIdx 8.74 0.05 -0.5 -8.1
Growth n 113.21 -0.50 6.6 38.7 SelLCVal 33.17 0.59 4.2 24.3 UltraShortI 9.20 0.01 1.1 6.2
BlackRock Funds: Fidelity Advisor Fun: Freedom2055K6 15.05 0.12 6.7 19.3 InvGB n 7.19 0.05 -0.1 -5.9 USValueIndex 11.33 0.15 5.0 30.1
Akre Funds: StratInc I 21.32 0.16 0.6 -0.2 Federated Hermes R:
CoreBd Inst 8.28 NA -0.2 -7.4 EqGrClZ 22.90 -0.10 13.9 45.3 Idx2020InsPre 15.90 0.10 2.5 5.8 InvGrBd 10.01 0.08 -0.1 -4.6 Fidelity Selects:
AkreFocusInst 64.14 -0.07 7.3 33.8 TotReBd I 30.30 0.26 -0.2 -9.9 KaufmnR 5.57 -0.06 5.9 -7.4 Idx2025InsPre 18.22 0.12 2.9 7.4 LargeCap n 48.79 0.48 8.2 39.7
HiYBlk 7.05 NA 1.6 9.2 InterDiscZ 48.27 0.66 9.4 3.7 Biotech n 19.72 -0.33 10.6 -5.1
AkreFocusRtl 61.55 -0.07 7.3 32.7 Columbia Class I2: Federated Hermes R6: Idx2030InsPre 19.53 0.11 3.3 9.6 LevCoSt n 38.90 0.04 11.6 27.7
HiYldBd Inst 7.04 NA 1.4 8.9 IntlGrwZ 20.70 0.34 8.3 20.5 DfAero n 17.15 0.18 1.2 28.4
AmanaGrowth n: DivIncom 32.77 0.11 5.8 35.1 FedInstHYBondL 8.79 0.04 0.5 5.2 Idx2035InsPre 22.36 0.12 4.0 13.5 LmtTrmMuniIncm n 10.35 0.01 0.3 -0.2
LowDurI Inst 9.00 NA 0.7 1.2 fedadvcons 10.06 0.00 1.0 NS Energy n 58.98 0.53 6.2 96.9
AmanaGrowth n 78.86 0.02 10.4 50.9 Columbia Class I3: StrValL 5.50 0.12 1.1 22.9 Idx2040InsPre 23.28 0.11 4.9 17.3 LowP n 46.29 0.39 5.0 27.8 Health n 30.50 -0.12 6.1 8.8
BlackRock Funds A: Fidelity Advisor I:
Amer Beacon Insti: ContCore I3 35.15 0.03 8.9 40.5 TtlRtnBdL 9.48 0.08 -0.3 -5.7 Idx2045InsPre 24.36 0.11 5.2 18.1 LowPriStkK 46.22 0.39 5.1 28.1 HlthCareSrvPt r n 133.94 0.33 0.5 22.2
AdvLgCapCore 20.39 0.04 7.8 35.4 BalancI 28.55 0.06 5.5 22.0 Idx2050InsPre 24.41 0.12 5.2 18.1 LowPriStkK6 15.81 0.13 5.0 28.9
SmCpInst 25.13 0.21 0.8 16.2 DivIncom 32.83 0.11 5.8 35.3 Fidelity: ITSvs n 66.36 -0.79 6.4 -1.8
CapAppr 35.64 -0.45 11.8 30.1 ConsvIncmMuni I n 10.04 0.01 0.6 4.5 Idx2055InsPre 20.08 0.09 5.2 18.1 Magin n 13.98 -0.04 13.6 44.3
American Century G: EqtyDivd 19.93 0.18 4.5 23.4 500IdxInstPrem n 178.27 -0.41 7.7 40.5 EqGrI 22.55 -0.10 13.8 44.7 MdTchDevis n 67.51 0.93 9.0 4.7
D Idx2020 Premier 15.89 0.10 2.5 5.8 MAMun n 11.47 0.04 0.3 -1.4 Multimedia n 95.80 -0.66 9.0 15.0
GlBond 8.72 0.07 -0.2 -4.7 GlblAlloc 19.12 0.19 4.6 5.1 BalancedK6 14.92 0.03 5.5 23.4 FAEmgMktI 28.68 0.23 0.5 -16.8 Idx2025 Premier 18.21 0.12 2.9 7.5 Manager40 n 12.71 0.06 2.6 7.1 Retail n 20.71 -0.14 10.4 13.6
Sustain Equity 51.37 -0.03 8.6 41.4 HlthScOp 70.26 -0.23 7.4 21.0 Davis Funds A: Contrafund K6 26.54 -0.08 15.3 47.6 FAInvGrdI 7.20 0.06 -0.1 -5.9 Idx2030 Premier 19.52 0.11 3.3 9.7 Manager60 n 15.15 0.07 3.7 11.0 Semiconductors r n 30.78 0.32 26.9 140.4
American Century I: MdCpGrA 34.95 -0.27 7.0 4.2 EmgMktIdxInstPre n 10.20 0.07 1.5 -14.7 FltRatel 9.32 0.02 1.9 18.1
NYVen A 28.95 0.09 9.0 19.3 Idx2035 Premier 22.36 0.12 4.0 13.6 MegaCpStk n 22.67 0.19 8.3 41.8 Softwr n 28.65 -0.71 3.5 34.8
EqInc 8.70 0.11 3.1 19.2 MultiAstIncome 10.03 0.07 1.6 5.7 ExtMktIdxInstPre n 81.58 0.12 4.5 2.9 GrOppI 162.50 0.67 14.2 18.1
Davis Funds C & Y: Idx2040 Premier 23.27 0.11 4.9 17.4 MidCap n 42.78 0.25 5.6 25.8 Tech n 32.10 -0.19 12.6 43.1
Growth 55.27 -0.57 10.1 44.1 NatlMuni 10.20 0.03 0.5 -2.3 FidAdAsset 13.44 0.06 1.5 3.4 HthCarI 70.68 -0.29 5.9 8.5
NYVenY 30.14 0.10 9.0 20.2 Idx2045 Premier 24.36 0.11 5.2 18.2 MuniInc n 12.32 0.04 0.3 -0.5 Fidelity Series:
IntTF 10.86 0.03 0.4 0.2 ScTechOppA 58.27 -0.66 14.3 12.8 FidAdEm 37.30 0.20 4.4 NS IntlGr 20.66 0.33 8.2 20.0
Del Invest Instl: Idx2050 Premier24.40 0.11 5.2 18.2 NASDAQ n 204.04 -2.37 7.3 31.4
MdCapVal 15.92 0.26 2.2 20.0 TotRet 9.94 0.08 -0.2 -8.2 FidSAI 8.95 0.05 1.9 NS MuniIncI 10.18 0.02 0.2 0.5 Canada 15.15 0.16 3.1 33.3
Value 17.53 0.23 4.5 18.5 Idx 2055 Premier20.08 0.10 5.2 18.2 NewInsights Z 38.85 -0.07 14.4 44.6
SmCapVal 10.55 0.12 0.5 9.4 BlackRock Funds III: FidSAIEmerg 12.60 0.17 3.9 2.7 NwInsghtI 38.67 -0.08 14.3 44.1 IntMuni Z 10.19 0.03 0.3 0.8
Deutsche DWS: Idx 2060 Premier 17.01 0.07 5.2 18.1 NewMill n 53.27 0.08 11.6 51.9
American Century Inv: FidSer5 7.64 0.06 -0.2 NS REIncmInst 11.70 0.09 1.5 9.1 FidelityAdviAsset:
iShS&P500IdxK602.00 -1.36 7.7 40.4 Income n 10.54 0.07 1.2 0.9 NewMkt n 12.48 0.11 1.4 0.8
iShUSAggBdIdxK 9.01 0.07 -0.4 -7.0 CoreEq n 33.57 0.09 8.2 42.0 FidSer0-5 9.54 0.02 0.8 NS StrInI 11.46 0.07 1.3 2.6 ADVAssetMan60 15.14 0.07 3.7 11.3
DiscCoreVal n 34.91 0.21 6.7 15.2 Fidelity Invest: OTC n 20.29 -0.10 10.9 35.8
BlackRock Funds Inst: Diamond Hill Funds: FIDSerEmgMkt 8.77 0.06 3.7 -17.5 Total Bd 9.51 0.07 0.0 -4.2 First Eagle Funds:
EqGro n 29.48 -0.06 8.8 27.2 AggrInt n 28.89 0.37 8.9 18.2 OTC K 20.76 -0.11 10.9 36.3
LgCapI 33.73 0.39 6.1 21.8 FidSerInt 8.72 0.08 -0.2 NS Fidelity Advisor M: GlbA 65.82 0.99 4.3 20.6
EqInc n 8.68 0.11 3.1 18.4 AdvLgCapCore 21.58 0.04 7.8 36.3 AilSectEq 11.48 -0.31 9.0 42.1 Ovrse n 64.88 0.88 7.6 18.2
LgCapY 33.77 0.40 6.1 22.2 FidSerToMarket 16.83 -0.03 7.3 33.4 Balanced 28.25 0.06 5.4 20.2 OverseasA 24.89 0.40 2.7 10.5
Grwth n 53.47 -0.55 10.1 43.3 CAInsMun 12.05 0.06 1.1 1.2 AMgr20% n 13.45 0.07 1.5 3.4 PuritanK 25.06 0.08 7.7 25.0
LongShortI 28.62 0.32 6.3 20.7 FIDSerTresIndxFd 9.93 0.00 0.9 7.5 EqGr 18.70 -0.09 13.7 42.6 FPA Funds:
Heritage n 24.27 0.08 10.9 10.5 EmgMkts 24.25 0.30 0.0 -21.2 AMgr50% n 20.19 0.09 3.1 8.9 Puritn n 25.09 0.08 7.7 24.7
Dimensional Fds: FIDZroExtMktIx n 12.78 0.10 4.3 9.6 GrOppM 143.74 0.58 14.1 16.4
MdCapVal n 15.90 0.26 2.3 19.3 EqtyDivd 20.04 0.19 4.5 24.4 AMgr70% n 26.89 0.11 4.3 14.0 RealE n 38.31 0.70 -0.5 16.7 FPANwInc n 9.79 0.05 0.9 5.7
FIDZroLgCpIx n 18.15 -0.06 7.7 39.1 NwInsghtM 34.34 -0.07 14.2 41.9
OneChMod n 14.77 0.10 3.9 9.0 FloRateIncPorIns 9.73 0.02 1.8 17.3 2TGlFxd 9.77 0.01 1.0 2.8 AMgr85% n 25.54 0.10 5.2 17.6 SAIIntlMinVolInd 11.32 0.23 3.6 13.9 FPA Funds Trust:
Flex 500 Index 21.91 -0.04 7.8 40.5 Fidelity Advisor Z: SAILTTreBdIdx 7.31 0.09 -2.6 -25.3
Select n 107.99 -1.24 7.8 39.7 GlblAlloc 19.29 0.19 4.6 5.8 5GlbFxdInc 10.07 0.01 1.1 -1.9 AstMgr30R n 11.67 0.06 2.0 4.9 FPACres Inst n 40.08 0.08 3.8 21.4
FlexIntIdx 13.11 0.17 4.0 7.4 AdvIntlSmCpZ 32.22 0.45 2.2 10.3 SAISm-MidCap500I 6.43 0.06 5.1 16.6
Ultra n 81.19 -0.87 9.0 35.8 HiEqInc 28.47 0.20 3.3 26.7 DFARlEst 39.06 0.61 -0.4 14.8 Balanc n 28.42 0.06 5.5 22.1 FPACresentFnd 40.11 0.08 3.8 21.6
FlexUSBdIdx 9.09 0.07 -0.4 -7.1 AssetManager50% 20.13 0.10 3.2 9.2 SAIUSMinVolIndFd 19.80 0.00 6.1 32.8
American Century R6: HlthScOp 75.19 -0.24 7.5 21.9 EmgMkt 28.07 0.19 2.0 -4.1 BalancedK 28.42 0.06 5.5 22.3 Franklin A1:
Freedom2060K 13.85 0.11 6.6 18.8 AssetMngr85 25.39 0.10 5.2 17.9 SAIUSQtyIdx 20.97 -0.32 8.3 48.7
AmCentUltraFdR6 87.12 -0.93 9.0 37.2 MdCpGrEq 41.22 -0.32 7.0 4.9 EmgMktSoCoEq 14.22 0.06 1.7 -3.9 BluCh n 197.75 -0.26 14.1 36.9
GlexUSIdxInstPre n 14.64 0.19 4.0 7.4 CA TF A1 6.91 0.02 0.5 -0.9
MdCapVal 15.92 0.26 2.3 20.6 MultiAstIncome 10.04 0.06 1.7 6.5 EmgMktVa 29.96 0.04 1.8 12.8 AsstMngr70 26.84 0.11 4.3 14.3 BluChpGr K6 30.47 -0.04 13.5 38.2 SmCapDisc n 27.89 -0.05 4.8 25.3
GrowthCompanyK625.84 -0.04 15.1 42.3 Fed TF A1 10.88 0.04 0.7 -1.6
SmCpVal 10.55 0.11 0.4 9.8 NatlMuni 10.19 0.03 0.4 -1.6 EmMktCorEq 22.87 0.11 2.1 1.3 EmMkt Z 28.62 0.24 0.6 -16.5 BluChpGrK 198.86 -0.26 14.1 37.3 SmlCapO n 14.80 -0.04 6.5 19.0
InflPrBdIndInsPr n 9.06 0.05 0.3 -0.9 HiInc A1 1.73 0.02 1.7 10.0
American Century Y: ScTechOppInst 64.27 -0.72 14.4 13.6 EmMktSmCp 22.90 -0.04 0.4 9.7 FloatRateHighInc 9.33 0.02 2.0 18.4 CAMun n 12.23 0.04 0.1 -0.4 SmlCpGrth n 31.34 0.04 11.3 8.6
IntlIdxInstPrem n 49.80 0.77 5.2 17.4 HY TF A1 8.89 0.05 2.0 -2.3
StratIncOpptyIns 9.41 0.05 0.7 2.8 Fixd 10.25 0.01 1.1 4.7 GrOpp 164.85 0.68 14.2 18.5 CapAp n 44.50 -0.04 12.1 40.0 SmlCpGrth K6 16.80 0.03 11.5 9.8
IntTF 10.85 0.03 0.4 0.3 IntlIndex n 11.51 0.15 4.0 8.5 IncomeA1 2.32 0.03 1.0 16.0
StratMuniOppI 10.62 0.06 1.3 -1.9 GblAll60 40Inst20.88 0.09 3.7 14.9 IntCpAp 32.46 0.42 8.9 18.6 CapDevO n 22.28 0.22 8.5 40.8 SmlCpGrth Z 31.69 0.03 11.3 8.9
American Funds Cl A: IntrTresBdIxPrem n 9.66 0.07 -0.4 -8.7 NY TF A1 10.07 0.03 0.6 -2.1
TotRet 9.94 0.08 -0.1 -7.3 GlEqInst 32.16 0.14 5.5 26.2 InvestGradeBd 7.20 0.05 -0.2 -5.6 CnvSc n 32.92 0.21 1.5 4.3 SmlCpVal n 20.29 0.18 2.6 19.3
2020TarRetA 13.29 0.08 2.5 9.6 LgCpGwId InstPre n 32.22 -0.41 9.2 47.7 US Gov A1 5.08 0.05 -0.6 -8.2
BNY Mellon Funds: GlRESec 10.13 0.17 -1.4 5.9 NewMktsIncFdZ 12.48 0.11 1.4 1.1 Contra n 18.60 -0.06 15.7 47.0 Srs1000ValIndRet 15.48 0.14 5.4 25.1
2025TarRetA 14.98 0.08 2.8 10.4 LgCpVlIdxIstPrem n 17.04 0.19 5.4 24.9 Utils A1 19.51 0.69 1.2 18.8
InfProtSec 10.86 0.06 0.3 -1.2 RE Income 11.69 0.09 1.5 9.5 ContraK 18.66 -0.06 15.7 47.4 SrsBlChGroRetail n 17.81 -0.03 14.0 40.3
2030TarRetA 16.73 0.08 3.7 13.0 Aprec n 42.93 -0.16 5.3 34.0 LTTrsBdIdxInstPr n 9.86 0.13 -2.0 -22.9 Franklin Templeton:
IntGvFxdInc 11.02 0.08 -0.3 -8.6 StkSelAllCap 73.09 -0.18 6.4 30.3 CpInc n 9.86 0.04 3.1 13.2 SrsCommStrt 92.92 0.89 0.3 23.2
2035TarRetA 18.35 0.06 4.6 16.2 Dr500In n 54.94 -0.13 7.6 38.4 MidCpInxInstPrem n 31.62 0.26 5.6 19.4 Fidelity Freedom: SrsEmrgMkt 17.71 0.09 2.2 -16.6 TgtModA 15.15 NA NA NA
IntlCoreEq 15.83 0.21 3.3 15.4 DisEq n 64.97 -0.23 11.1 38.6
2040TarRetA 19.48 0.05 5.5 19.0 Dreyf n 18.23 0.03 11.8 54.6 OTCK6Port 22.38 -0.11 11.2 37.3 SrsGlobal 14.39 0.18 3.9 7.3 FrankTemp/Frank Adv:
IntlREst 3.58 0.07 -4.0 -10.0 2060 K6 13.85 0.11 6.7 19.4 DivGth n 36.32 0.37 10.1 39.0
2045TarRetA 20.02 0.05 5.7 19.5 DreyMid r Inv n 29.95 0.44 6.3 20.4 PuritanK6 15.21 0.05 7.6 25.8 SrsIntlGrw 18.60 0.30 8.6 22.7 CA TF Adv 6.90 0.02 0.7 -0.6
IntlSustCore1 12.79 0.18 4.5 12.5 FF2010 n 13.87 0.10 1.8 2.5 DivIntl n 44.15 0.52 7.5 12.0
2050TarRetA 19.71 0.04 5.9 19.3 GlFxIncI 20.07 0.20 1.0 -0.5 RealEstIdxInst n 15.68 0.22 -0.7 11.4 SrsGroCoRetail 22.22 -0.06 14.1 43.9 CvtScAdv 21.26 0.19 2.7 2.9
IntlVal 20.84 0.34 4.1 27.4 FF2015 n 11.45 0.09 2.4 4.1 DivIntl K6 14.58 0.17 7.4 12.9
AmcpA 41.38 -0.22 8.6 23.6 InstS&PStkIdx I 56.23 -0.13 7.7 39.7 SAIUSLgCpIndxFd 21.25 -0.05 7.7 40.4 SrsIntlSmCp 17.32 0.18 2.1 8.8 Dynat Adv 158.58 -1.85 13.5 20.1
IntlVectorEq 13.72 0.20 2.7 14.9 FF2020 n 14.46 0.11 3.1 5.4 DivStkO n 35.81 0.02 12.2 42.9
AMutlA 53.44 0.31 4.8 31.2 IntlStkI 25.37 0.26 6.7 14.4 SeriesBondFd 8.98 0.07 -0.4 -7.1 SrsIntlVal 12.32 0.19 5.6 29.7 Growth Adv 134.73 -0.60 8.9 31.4
IntSmCo 19.68 0.28 1.9 6.8 FF2025 n 13.57 0.11 3.6 7.2 EmrgMktK 37.34 0.20 4.4 -11.5
BondA 11.35 0.08 -0.5 -7.2 IntlStkY 25.05 0.26 6.7 14.5 SeriesOverseas 14.02 0.19 8.1 22.4 STBF n 8.38 0.01 0.6 1.7 IncomeAdv 2.29 0.02 0.6 16.2
IntSmVa 21.90 0.46 3.2 19.1 FF2030 n 17.26 0.14 4.2 9.5 EmrgMktsDebt 7.81 0.07 1.9 1.4
BalA 33.47 0.09 4.6 20.1 SmMidCpGrI 26.78 -0.04 1.8 -19.7 SerLTTreBdIdx 5.70 0.07 -2.1 -22.9 StkSelSmCp n 35.45 -0.07 6.2 17.0 RisDv Adv 92.95 0.34 5.2 35.1
IntTermMuni 10.11 0.02 0.1 0.5 FF2035 n 15.27 0.13 5.1 13.5 EmrMkt n 37.34 0.20 4.4 -11.9
CapIBA 67.79 0.52 2.4 16.1 StrgVal I 43.45 0.41 5.1 45.9 SmCpIdxInstPrem n 25.79 0.09 3.0 -1.3 StkSlcACap n 73.61 -0.18 6.4 30.0 SmCpValAdv 58.56 0.48 1.5 8.7
IntVaIII 17.94 0.29 4.1 27.6 FF2040 n 11.13 0.08 6.1 17.3 Eq Inc n 71.08 0.77 5.7 28.6
CapWA 16.43 0.22 -1.2 -14.6 BNY Mellon Funds Tru: STBdIdx InstPrem n 9.76 0.03 0.3 -1.1 StratDivInc n 16.52 0.18 4.0 19.1 FrankTemp/Franklin A:
ITExQual 9.60 0.09 0.0 -5.6 FF2045 n 12.87 0.10 6.5 18.4 EqDivIncm n 28.52 0.45 5.2 32.0
CapWGrA 63.93 0.36 6.3 20.4 NtlIntmMuni 13.07 0.03 0.2 -0.1 LgCo 34.06 -0.07 7.7 40.2 STTreIdx InstPre n 10.09 0.02 0.0 -1.9 TaxFrB n 11.06 0.04 0.4 -0.1 BAL A 12.44 0.13 0.8 12.2
FF2050 n 13.03 0.10 6.6 18.4 Fidel n 81.99 -0.79 10.1 45.6
EupacA 58.19 0.82 6.4 -0.6 Brown Advisory Funds: LgCpIntl 27.54 0.37 4.5 18.3 TMktIdxInstPrem n 141.33 -0.25 7.3 33.4 TotalBond n 9.52 0.07 0.0 -4.1 DynaTech A 151.70 -1.77 13.4 19.2
Free2055 n 15.08 0.12 6.6 18.4 FltRateHi n 9.33 0.02 1.9 18.3
FdInvA 77.68 0.12 8.7 36.5 GrwthEquityInst 29.19 -0.07 7.4 21.3 SclCrEqInst 14.62 0.19 3.1 10.8 TotalMarketIndex n 17.84 -0.03 7.3 34.7 TotalBond K6 8.83 0.07 -0.1 -3.9 EqIn A 30.78 0.24 4.9 28.9
Free2060InstPrem 17.01 0.08 5.2 18.1 FocsdStk n 36.09 0.01 19.1 47.5
GBalA 37.33 0.32 2.8 9.5 STExQual 10.38 0.01 1.0 0.6 TtlIntIdxInstPr n 13.62 0.17 3.6 6.8 Trend n 171.27 -0.81 15.3 44.0 FoundFAlA 14.77 0.05 5.4 17.7
Freedom2015 K 11.43 0.09 2.4 4.2 FournOne n 57.06 0.29 4.9 18.3
GovtA 12.00 0.08 -0.6 -7.5 C STGov 10.00 0.01 1.0 0.8 USBdIdxInstPrem n 10.33 0.08 -0.4 -7.1 Freedom2020 K 14.45 0.12 3.1 5.7 GNMA n 10.12 0.09 -0.7 -7.7 Value n 14.93 0.14 4.0 32.2 GrOp A 47.97 -0.38 12.1 24.3
GwthA 69.59 -0.28 10.2 27.5 STMuniBd 10.16 0.01 0.4 2.9 USSusIdx n 23.10 -0.03 8.7 43.7 Freedom2020K6 14.39 0.12 3.2 6.1 GovtInc n 9.17 0.06 -0.6 -8.7 ValueDisc n 36.31 0.45 3.4 21.4 Growth A 133.50 -0.61 8.9 30.4
HI TrA 9.55 0.05 1.7 10.0 Calamos Funds: US CoreEq1 38.68 0.03 7.3 35.2 Fidelity Adv Focus A: Wrldw n 35.61 0.07 14.5 27.9 LwDuToRt A 8.90 0.02 0.6 2.1
Freedom2025 K 13.55 0.11 3.7 7.4 GroCo n 36.29 -0.12 13.7 40.1
HiInMuniA 15.13 0.07 1.8 1.3 Gr&IncA 44.79 -0.13 6.0 23.9 US CoreEq2 34.65 0.06 6.7 33.5 HthCarA 63.50 -0.27 5.9 7.6 Freedom2025K6 13.51 0.12 3.7 7.9 GroInc n 58.27 0.60 7.5 39.0 Fidelity SAI: RisDv A 93.04 0.34 5.2 34.1
ICAA 54.26 -0.09 7.7 41.4 MktNeutI 14.39 0.02 1.5 10.6 US Micro 26.53 -0.02 1.0 14.5 TechA 107.51 -0.56 13.0 55.7 Freedom2030 K 17.24 0.14 4.2 9.8 GrowCoK 36.49 -0.12 13.7 40.4 FidSAIEmgMktIndx 13.16 0.09 1.4 -15.0 SmMCpGrA 37.18 -0.03 5.9 2.5
IncoA 24.02 0.28 2.5 16.9 Calvert Investments: US Small 45.24 0.13 2.0 14.9 Fidelity Advisor: Freedom2030K6 17.18 0.14 4.2 10.2 GrowIncK 58.20 0.59 7.5 39.4 FidSAIIntlIndxFd 14.30 0.22 5.2 17.3 StrInc A 8.29 0.05 0.5 0.3
48 BARRON’S March 11, 2024

D ATA MUTUAL FUNDS D ATA P R O V IDE D BY LIP P E R B A R R ON S.C OM / D ATA

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
TtlRtn A 8.30 0.07 -0.1 -8.0 RoMu A p 15.44 0.07 0.7 0.3 Lazard Instl: Nicholas Group: Balnanced n 26.39 0.14 4.6 14.4 TSM Sel nr 86.86 -0.15 7.3 33.2 GroIncAdml n 98.87 -0.19 9.6 43.0 IdxIntl 19.26 0.22 3.4 7.0
FrankTemp/Franklin C: SenFltRtA 6.70 0.01 2.2 20.6 EmgMktEq 17.66 0.22 2.9 9.4 Nich n 93.39 -0.41 7.8 49.3 BlChip n 167.05 -1.46 11.9 24.7 USSmCoIdx nr 16.70 0.09 1.0 14.2 GrwthAdml n 174.65 -2.14 9.2 42.2 ITTresIdx Inst 24.65 0.15 -0.4 -7.0
Income C 2.36 0.02 0.9 13.9 SP IncomeA 5.53 0.00 10.1 91.4 GlbLstInfr 15.73 0.29 2.9 35.9 Northern Funds: Communica&Tech n 135.31 -0.83 13.2 6.6 SEI Portfolios: HltClxAd nr 134.27 0.01 7.1 26.5 LTTresIdx Inst 25.53 0.36 -2.4 -22.9
FrankTemp/Franklin R: Invesco Funds P: IntStrtEq r 16.35 0.15 5.6 8.8 BdIdx n 9.19 0.07 -0.5 -7.3 DivGro n 75.11 0.25 6.1 34.5 CoreFxIn F 9.57 0.08 -0.5 -9.0 HlthCareAdml nr 92.46 0.13 4.9 28.3 MdCpGrAdml n 99.71 0.08 5.5 15.3
Summit P pn 25.47 -0.28 12.5 16.3 Legg Mason I: EqInc n 35.49 0.57 5.4 26.3 IntlEmg F 11.02 0.10 2.8 -15.3 HYCorAdml nr 5.39 0.02 0.6 6.4 MdCpVlAdml n 78.61 1.27 4.7 21.8
FrkDynTchR6 160.98 -1.87 13.5 20.5 EmMktsEqIdx nr 10.85 0.07 1.3 -16.2
Invesco Funds Y: IntlGrTrI 65.93 0.84 8.2 6.5 EqIndex n 135.06 -0.31 7.7 39.8 IntlEq F 12.05 0.22 3.9 11.1 InfProAd n 23.04 0.11 0.0 -1.2 SmValAdml n 79.76 0.90 3.1 19.8
FrkGrthR6 134.61 -0.61 8.9 31.7 HiYFxInc n 5.97 0.02 0.9 6.1
Longleaf Partners: GlbStk n 63.36 0.45 10.6 9.4 IntMuni F 11.16 0.03 0.4 -1.0 InfTechIdx n 266.96 -3.17 7.7 57.2 TotBd2 9.48 0.06 -0.5 -7.2
FrkIncR6 2.31 0.03 1.0 16.7 DevMktY 38.73 0.42 0.3 -23.1 IntlEqIdx nr 14.56 0.26 5.4 17.1
GlbTech n 18.04 0.01 15.1 -8.5 LgCapGr F 43.61 -0.32 10.2 40.4 IntlGrAdml n 106.99 -0.02 5.1 -13.3 TotIntlInstIdx r 128.85 1.48 3.5 7.3
FrkRisDivR6 92.94 0.35 5.3 35.4 DiscovY 114.14 -1.87 10.2 4.8 Partners n 22.94 -0.10 1.6 1.5 IntTxExpt n 9.84 0.02 0.1 -2.0
Growth n 95.59 -0.80 10.4 16.4 TaxMgdLC F 35.36 0.03 5.4 31.3 ITBondAdml n 10.25 0.07 -0.4 -7.0 TotItlInstPlId r 128.88 1.47 3.5 7.3
FrkSmCpGrR6 25.78 -0.11 6.5 -5.2 EqWtdY 73.58 0.70 4.9 25.9 Loomis Sayles Fds: MidCpIdx n 21.23 0.31 6.4 21.8
HelSci n 94.35 -0.43 7.3 14.5 SmeadFds: ITIGradeAdml n 8.60 0.07 -0.1 -4.4 TotSt 123.79 -0.25 7.2 32.8
FrankTemp/Mutual A&B: GloblY 101.00 0.47 10.8 19.4 LSBondI 11.65 0.11 0.9 0.8 StkIdx n 52.76 -0.12 7.7 40.2
InstFLRfd r 9.49 0.02 2.0 17.7 ITsryAdml n 9.90 0.06 -0.2 -6.6 VANGUARD INSTL FDS:
Shares A 25.14 0.16 4.1 19.0 IntGrowY 37.38 0.45 4.9 5.0 Lord Abbett A: Nuveen Cl A: SmeadValueInstl 80.21 0.57 5.3 42.2
InstHiYld 7.81 0.04 0.8 7.2 ITTresIdx n 19.87 0.13 -0.3 -7.1 BalInst 46.47 0.09 4.2 16.1
FrankTemp/Temp A: IntlSmCoY 43.32 0.50 1.8 -3.9 AAMunBd p 10.24 0.04 0.8 -6.4 SSgA Funds:
Affiltd p 18.05 0.09 7.1 28.2 LgCapGow I 72.88 -0.55 10.8 29.3 LarCapAd n 118.67 -0.36 7.6 37.6 DevMktsIndInst 16.06 0.22 4.1 13.8
Ivy Funds: HiYldMuBd p 15.04 0.09 2.4 -1.8 SP500 n 242.77 -0.56 7.7 40.0
Frgn A 7.97 0.06 -0.7 13.5 BdDeb p 7.11 0.04 1.5 -2.6 InstLCCoreGr 67.06 -0.59 11.9 25.2 LTGradeAdml n 7.94 0.10 -1.4 -13.4 DevMktsInxInst 25.10 0.35 4.1 13.8
GlBond A 7.52 0.14 -2.5 -8.7 AssetStrA p 21.55 0.05 6.8 21.3 CalibrDivGr 20.99 -0.04 8.1 36.3 Nuveen Cl I: LgCpVal 23.63 0.41 5.3 24.8 LTsryAdml n 8.50 0.12 -2.3 -23.0
T EmMkInst r 26.42 0.10 1.7 -9.4
Growth A 26.51 0.18 3.8 13.2 CoreEqA t 16.58 -0.02 9.2 39.0 FloatRt p 8.17 0.01 2.0 16.7 HYMunBd 15.05 0.09 2.5 -1.1 InstSmCap 27.43 0.07 3.0 1.1 MidCpAdml n 302.65 2.71 5.1 18.8 ExtndInst 130.29 0.19 4.5 2.9
World A 16.48 0.03 9.9 15.4 LgCpGwthA p 31.96 -0.34 7.2 45.3 HYMuniBd p 10.87 0.05 2.0 -3.9 Nuveen Cl R: IntDis n 64.30 0.47 2.1 -13.3 MuHYAdml n 10.73 0.04 0.9 0.4
TCW Funds: FTAlWldIst r 115.01 1.39 3.9 8.0
FrankTemp/Temp Adv: LgCpGwthl r 35.13 -0.37 7.3 46.5 IntrTxFr 10.29 0.03 0.6 -1.7 IntDMunBd 8.91 0.02 0.6 0.0 IntlStk n 19.90 0.24 4.2 2.8 MuIntAdml n 13.71 0.03 0.3 0.6 FTScinst 35.11 -0.20 7.8 37.3
MidCapI 32.08 0.01 5.6 6.1 MultiAstBalOppty 11.54 0.04 5.9 6.3 MCapVal n 33.53 0.46 7.5 34.7 EmMktInc n 6.47 0.08 1.5 -6.0 MuLTAdml n 10.96 0.03 0.3 -0.4
GlBondAdv 7.47 0.13 -2.6 -8.1 LmtTrmR 10.94 0.02 0.5 1.9 GrwthInst 174.66 -2.14 9.2 42.2
MdCpGwthA p 27.78 0.00 5.6 5.2 ShtDurIncmA p 3.85 0.00 0.6 1.5 MCEqGr 67.35 0.21 7.0 14.9 TotRetBondI n 7.97 0.09 -0.2 -11.2 MuLtdAdml n 10.84 0.01 0.3 2.0
Frost Family of Fund: InPrSeIn 9.39 0.05 0.1 -1.0
ScTechA p 52.77 -0.77 15.0 28.4 TaxFr p 10.54 0.03 0.7 -3.3 O MidCap n 107.02 0.32 7.0 14.9 Thompson IM: MuShtAdml n 15.76 0.01 0.5 3.8
FrTRInst 9.72 0.07 2.3 8.6 InstIdx 423.86 -0.97 7.7 40.4
ScTechI r 69.36 -1.00 15.1 29.3 Lord Abbett C: NAmer n 71.16 0.10 11.3 33.7 Bond n 10.15 0.03 3.3 5.5 NJLTAdml n 11.47 0.03 0.3 0.6 InstPlus 423.86 -0.97 7.7 40.4
Oakmark Funds Invest: NHoriz n 59.26 -0.13 5.4 -6.2 Thornburg Fds: NYLTAdml n 10.96 0.04 0.3 -0.1
G JL ShtDurIncmC t 3.88 0.01 0.8 -0.1 InstTStIdx 88.32 -0.18 7.2 33.4
Lord Abbett F: EqtyInc nr 34.42 0.26 2.0 15.9 OverS SF nr 12.91 0.14 3.5 10.2 IncBuildA t 24.37 0.37 2.8 26.0 PacifAdml n 93.90 1.03 5.1 3.9 InstTStPlus 88.30 -0.17 7.2 33.4
GE Elfun/S&S: Oakmark n 139.67 1.32 5.4 39.9 QMUSSmCpGrEq n 43.85 -0.11 7.0 10.6 IntVal I 26.58 0.51 6.3 7.1 PALTAdml n 10.90 0.04 0.4 -0.3 ITBdInst 10.25 0.07 -0.4 -7.0
Janus Henderson: ShtDurIncm 3.85 0.00 0.7 2.0
Trusts n 85.05 -0.38 11.1 43.8 OakmrkInt n 26.60 0.15 -0.9 -1.2 SpectModerGwAllo n 38.72 0.19 5.3 11.3 LtdTIncI 12.84 0.04 0.8 0.2 PrmcpAdml nr 165.94 -0.68 6.1 33.2 LaCapInst 488.45 -1.46 7.6 37.7
Balanced C 44.15 NA NA NA Lord Abbett I:
GMO Trust Class III: Select n 71.58 0.00 1.7 30.8 R2010 n 14.97 0.08 2.9 7.3 LtdTMu I 13.65 0.03 0.2 -0.1 RealEstatAdml n 124.29 1.72 -0.7 11.5 MidCpInst 66.86 0.60 5.1 18.8
Balanced T n 44.88 NA NA NA BdDebentr 7.07 0.04 1.5 -2.0 Old Westbury Fds: S&PSC600Idx 397.43 0.01 -0.3 3.4
R2015 n 12.39 0.07 3.1 8.3 Thrivent Funds A: MidCpIstPl 329.73 2.94 5.1 18.9
EmgCntryDt 19.24 0.27 4.1 6.9 Enterprise T n 139.63 NA NA NA FloatRt 8.18 0.01 2.0 17.4
AlCpCore n 25.19 -0.03 9.2 36.0 R2020 n 18.36 0.10 3.3 8.9 LgCpStk 27.45 0.14 6.3 23.0 SmCapAdml n 106.83 0.78 4.5 10.8 RealEstaInstl 19.24 0.27 -0.7 11.6
Quality 31.24 -0.01 8.7 46.7 GlLifeSci T nr 74.84 NA NA NA HiYld 6.35 0.03 1.4 1.8
CreditIncomeFd n 8.11 0.06 0.0 -6.3 R2025 n 16.27 0.09 3.6 10.0 MidCapStk 31.12 0.19 7.7 20.7 SmGthAdml n 90.39 0.19 6.4 -1.5 Rs1000GrwIdxInst655.12 -8.41 9.2 47.5
GMO Trust Class VI: GlTech T nr 60.85 NA NA NA ShtDurInc p 3.85 0.01 0.9 2.3
FixInc pn 10.16 0.05 -0.3 -4.2 R2030 n 24.94 0.14 4.2 11.8 STBondAdml n 10.07 0.03 0.3 -1.2 Rs1000Vl IdxInst298.38 3.28 5.4 24.7
Quality 31.24 -0.02 8.7 47.0 Grw&Inc T n 73.14 NA NA NA Thrivent Funds S:
LrgCpStr n 18.70 0.05 7.7 17.6 R2035 n 20.21 0.12 4.9 13.9 STCorpIx n 21.04 0.08 0.5 0.8 Russ1000IdxInst451.43 -0.94 7.5 36.3
Goldman Sachs Inst: Resh T n 75.38 NA NA NA M LgCpVal n 29.16 0.35 5.0 34.5
MuniBd pn 11.65 0.03 0.0 -1.3 R2040 n 29.16 0.16 5.5 15.6 STFedAdml n 10.07 0.02 0.5 -1.4 SmCapInst 106.83 0.78 4.5 10.8
EmgMktEq 22.20 NA NA NA Jensen I : MidCapStk n 36.85 0.22 7.8 21.6 STIGradeAdml n 10.21 0.03 0.5 0.7
MainStay Fds A: Sm&MdCapStrategi n 15.93 0.14 3.2 -5.2 Ret2045 n 21.10 0.12 5.9 17.1 SmCapIstPl 308.34 2.24 4.5 10.9
HYMuni 9.25 NA NA NA Jensen I 60.93 -0.69 3.1 34.0 Ret2055 n 18.79 0.10 6.0 17.4 TIAA-CREF/Instl Cl: STIPSIxAdm n 23.98 0.05 0.7 7.2
HiYldBdA 5.16 0.03 1.1 7.7 Optimum Funds Inst: SmGthInst 72.39 0.16 6.4 -1.4
Muni 15.38 NA NA NA JensenQualGrJ n: RetBal Inc n 13.05 0.06 2.6 6.9 CoreBond Inst 9.13 0.07 0.2 -5.8 STsryAdml n 9.83 0.01 0.3 -1.3 SmValInst 44.58 0.50 3.1 19.9
LgCpGrA p 10.03 -0.13 11.6 40.9 Fixed Inc 8.18 0.07 -0.2 -8.0
Guggenheim Funds Tru: JensenQualGrJ n 61.00 -0.69 3.1 33.2 SciTec n 46.75 -0.24 16.4 18.8 CorePlsBd 9.16 0.07 0.3 -5.0 STTresIdx n 19.37 0.03 0.3 -0.1 STBdIdxInstPl 10.07 0.03 0.3 -1.1
TxFrBdA 9.47 0.03 0.2 -2.2 LgCpGrwth 22.10 -0.23 10.3 24.6
MacOppFdClInstl 24.33 0.08 1.2 4.3 JHF III DispVal: Sht-Bd n 4.56 0.01 0.7 0.7 TIAA-CREF/Retail Cl: TotBdAdml n 9.60 0.07 -0.5 -7.1 STBDInst 10.07 0.03 0.3 -1.1
Mairs&Power: LgCpVal 18.51 0.19 5.9 29.7
TotRtnBdFdClInst 23.64 0.14 0.1 -6.1 DispVal 24.95 0.21 7.4 35.7 SmCap n 52.32 0.39 0.6 2.5 EqIdx n 36.81 -0.07 7.2 32.7 TotIntBdIdxAdm n 19.65 0.15 -0.1 -5.3 STCorpIxInst p 25.75 0.09 0.5 0.9
MairsPwrGr n 158.17 0.65 7.5 35.1 Osterweis Strat Income:
GuideStone Funds: DispVal I 23.81 0.20 7.4 36.7 SmCapStk n 59.74 0.15 3.0 1.2 Gro&Inc n 24.54 0.03 11.2 40.8 TotIntlAdmIdx nr 32.22 0.37 3.5 7.2 STIGradeInst 10.21 0.03 0.5 0.8
Mass Mutual: OsterweisStrInc n 11.12 0.04 1.6 12.6 TotStAdml n 123.83 -0.24 7.2 33.2
EqindxGS2 52.65 NA NA NA DispValMCI 28.99 0.22 5.9 30.5 SpecGr n 24.81 0.13 6.8 22.0 LrgCpGro n 25.79 -0.28 9.8 28.6 STIPSIxins 24.00 0.06 0.7 7.2
SelBluChipGroClI22.09 -0.20 11.2 33.2 SpecInc n 11.27 0.08 0.5 -0.3 TIAA/CREF Funds: TxMBal nr 42.74 0.02 3.8 17.7 STTresIdx 24.34 0.04 0.3 0.0
MedDurGS2 12.74 NA NA NA DispValMdCp 27.50 0.20 5.8 29.5 PQ
MassMutual Select: SuMuInt n 11.43 0.03 0.3 -0.4 TxMCapAdml n 265.73 -0.65 7.5 37.3 TotBdInst 9.60 0.07 -0.5 -7.0
DispValMdCpR628.98 0.22 5.9 30.9 BdIdxInst 9.59 0.07 -0.3 -7.3
H DispValR6 23.88 0.20 7.5 37.2 MCGrEqIII 21.48 NA NA NA Parnassus Fds: TF Incom n 11.03 0.05 2.0 -0.7 EqIdxInst 36.10 -0.07 7.2 33.7 TxMIn nr 16.04 0.23 4.2 13.7 TotBdInst2 9.48 0.06 -0.5 -7.0
JHITFunLgCpCorFd: Metropolitan West: TotIndex n 54.84 -0.07 7.3 33.5 Gr&IncInst 14.49 0.02 11.3 42.0 TxMSC nr 87.68 0.00 -0.3 3.7 TotBdInstPl 9.60 0.07 -0.5 -7.0
ParnEqFd n 58.90 -0.04 6.9 36.3
Harbor Funds: TotRetBd n 9.09 0.08 -0.5 -9.1 U.S.EqResch n 50.68 -0.12 8.9 44.2 USGroAdml n 162.72 -1.58 10.9 15.8 TotIntBdIdxInst29.49 0.23 0.0 -5.1
FunLgCpCorA 65.44 -0.15 4.8 27.7 Pear Tree: IntlEqIdxInst 22.98 0.33 5.1 17.1
CapApInst 109.24 -1.51 13.2 36.0 TotRetBdI 9.09 0.08 -0.3 -8.5 USLrgCpCore n 39.25 0.06 10.1 40.9 UtilIxAd nr 69.40 2.31 0.9 14.1 TotStInst 123.86 -0.24 7.2 33.3
John Hancock: ForeignVal I r 23.46 0.26 2.1 2.6 IntlEqIdxRet 23.58 0.34 5.1 16.3
IntlInst 46.56 0.88 5.6 12.6 TRBdPlan 8.52 0.07 -0.4 -8.3 Value n 45.26 0.51 7.9 27.9 ValAdml n 61.69 0.51 5.8 31.7 TtlWrldIxInst p 222.17 0.73 5.8 22.6
500Index1 53.69 -0.13 7.7 39.2 Perm Port Funds: IntlEqInst 13.90 0.21 6.9 12.6
SmCpValInst 39.15 0.41 1.5 8.7 UnconstrBdI 10.33 0.05 1.0 1.3 Price Funds - Adv Cl: WdsrllAdml n 80.36 0.26 5.7 32.3 TxMCaInst r 132.03 -0.32 7.5 37.4
BondI 13.50 0.12 0.1 -6.3 LC2040Inst 10.72 0.05 5.4 17.4
Permanent n 53.23 0.81 3.9 18.9 Growth p 92.05 -0.78 10.3 15.5 WellsIAdml n 60.86 0.58 0.7 6.7 ValueInst 61.68 0.50 5.8 31.7
Harding Loevner: MFS Funds: LCIdx2020Inst 19.04 0.09 2.8 8.5
BondR6 13.52 0.12 0.1 -6.1 PGIM Funds Cl A: WelltnAdml n 74.18 0.14 3.9 20.6 Victory Funds:
IntlEq 26.60 0.48 2.5 2.9 IIE 34.56 0.60 4.9 23.5 R2030A p 24.60 0.14 4.1 10.9 LCIdx2025Inst 21.25 0.10 3.1 10.1
IntlGrwI 26.15 0.24 6.0 -3.4 HighYield 4.73 0.02 1.1 4.9 WndsrAdml n 74.07 1.04 2.3 32.1
Hartford Funds A: MFS Funds Class A: R2040A p 28.77 0.15 5.5 14.7 LCIdx2035Inst 25.67 0.11 4.1 14.9 EstValA 49.02 0.85 5.7 29.8
John Hancock Class 1: JennGrowth 57.97 -0.77 13.3 34.6 VANGUARD FDS:
Price Funds - R Cl: LCIdx2040Inst 27.68 0.10 4.8 18.0 EstValI 49.09 0.85 5.8 31.0
BalIncA 14.38 0.14 0.6 7.9 BlueChipGrw 53.25 -0.44 11.9 25.1 AgGrAIA 29.47 0.27 5.8 20.0 JennUtility 13.20 0.41 1.9 19.0 R2030R p 24.25 0.14 4.1 10.1 LCIdx2045Inst 28.98 0.10 5.2 20.1 CAIT n 11.45 0.03 0.3 0.4 SmCoOppI 48.95 0.41 1.1 13.4
CapAppA 41.62 0.01 6.7 18.4 LSAggr 13.86 0.10 5.8 13.7 CoEqyA 48.87 -0.05 7.5 34.1 TotalReturnBond p 12.01 0.09 0.2 -6.2 R2040R p 28.42 0.15 5.4 13.8 LrgCpGrIdxInst 56.62 -0.72 9.2 47.5 CapOp nr 82.78 -0.30 6.6 28.5 Victory Port:
DiscpEqA 49.68 -0.24 9.1 32.0 LSBalncd 12.93 0.09 3.7 8.5 GrowthA 179.85 -1.03 14.0 37.5 PGIM Funds Cl Z: PRIMECAP Odyssey Fds: LrgCpGrInst 25.94 -0.28 9.8 29.6 DivdGro n 38.98 -0.05 4.8 34.1
DivGth A 33.92 0.22 3.6 31.2 IntlVA 39.46 0.90 5.6 11.3 Market Neutral I 8.49 0.02 -2.6 7.0
LSGwth 13.50 0.09 4.8 11.6 HighYield 4.74 0.02 1.1 5.5 DivrEq n 47.19 -0.01 7.4 26.1
EqInc 20.21 0.22 1.2 27.4 MCapA 29.31 -0.07 9.6 16.7 AggGrowth r nr 43.83 -0.36 2.1 3.7 LrgCpVl IdxInst 24.28 0.27 5.4 24.8 SSfnd 48.85 0.40 1.1 13.5
LSModer 12.00 0.09 2.6 5.7 JennGrowth 66.43 -0.88 13.4 35.8 Energy nr 47.21 1.00 1.5 56.5
GrOppty 48.79 -0.64 16.1 14.8 MCapValA 31.42 0.39 5.3 27.4 Growth r nr 38.05 -0.13 3.6 21.7 LrgCpVl IdxRet 24.79 0.27 5.3 23.9 VsycamoreFnd 49.12 0.86 5.8 31.2
John Hancock Funds A: TotalReturnBond 11.97 0.09 0.2 -5.3 EqInc n 41.77 0.53 3.9 31.5
MidCap A 26.64 -0.13 5.5 -3.1 MIGA 41.84 0.01 6.3 34.4 Stock r nr 37.58 0.13 7.1 33.4 LrgCpVl Inst 21.20 0.17 6.2 31.9 Victory Portfolios I:
BalA 27.45 0.01 4.9 19.1 PIMCO Fds Instl: Explr n 116.78 -0.03 5.2 8.3
Hartford Funds C: MITA 36.91 0.00 7.5 32.7 Principal Investors: QuantSmCpEqInst 18.58 0.04 5.6 16.4 500Indx Reward n 65.37 -0.18 7.6 39.1
BondA p 13.50 0.12 0.0 -7.2 AllAsset 11.18 0.10 1.5 6.9 FTAlWldInAdml n 36.28 0.44 3.9 7.9
MuHiA 7.37 0.03 1.7 -3.0 HiYld IN 8.23 0.04 1.1 6.4 RealSecInst 17.57 0.19 -0.3 7.2 CrnstModAggr n 26.70 0.17 3.6 10.6
Bal IncC 14.11 0.14 0.4 5.5 LifeBal 13.06 0.09 3.6 7.3 GlbCapCyl Inv nr 12.43 0.22 1.4 32.5
MuInA 8.22 0.03 0.7 -1.6 CommodtyRR 13.05 NA NA NA InfPro IN 7.67 0.03 0.1 -1.9 S&P500IdxInst 56.07 -0.12 7.7 40.3 Gr&Inc n 25.21 0.05 8.3 37.7
Hartford Funds I: LifeGrw 13.60 0.10 4.8 10.5 GlbEq n 34.68 0.07 6.2 12.0
ResBdA 9.48 0.07 -0.1 -6.2 DivInc 9.55 0.07 0.8 -0.8 LgIndxI 25.10 -0.05 7.7 39.8 S&P500IdxRet 55.64 -0.12 7.7 39.3 Grwth n 35.33 -0.41 10.6 35.6
BalIncI 14.39 0.14 0.6 8.7 John Hancock Instl: GloMinVolFdAdm n 30.10 0.15 6.9 23.8
RschA 57.38 -0.13 7.6 34.2 HiYld 7.96 0.04 0.7 5.9 LT2020 In 12.31 0.07 2.6 7.1 SmCpBl IdxInst 23.38 0.08 3.0 -1.2 Inco n 11.47 0.09 0.5 -4.4
DivGthI 33.71 0.22 3.6 32.1 StratIncmOppI 9.98 0.06 0.2 -1.5 GNMA n 9.24 0.10 -0.5 -7.1
TotRA 19.46 0.17 2.2 12.6 HiYldMuniBd 8.54 0.04 1.6 1.2 LT2030In 13.93 0.08 3.3 10.2 SocChEqInst 27.69 0.00 7.5 32.9 IncStk n 19.57 0.29 6.6 37.2
EmrgMktEqInv 15.95 0.23 2.1 -19.5 JPMorgan A Class: GroInc n 60.58 -0.12 9.6 42.5
UtilA 20.25 0.66 -3.2 13.5 IntlBdUSH 9.88 0.08 0.6 -1.0 LT2040I 15.92 0.08 4.6 14.8 Tortoise Capital: IntmTerm n 12.60 0.04 0.4 -0.5
EqIncI 20.04 0.23 1.3 28.4 HlthCare nr 219.26 0.31 4.9 28.1
CoreBond 10.24 0.08 0.0 -6.5 ValueA 49.88 0.58 5.5 26.7 InvGrdCrBd 8.94 0.07 0.2 -5.5 LT2050I 16.81 0.08 5.5 18.0 TorMLPPipInsCl 15.00 0.24 6.9 75.0 LgTerm n 12.13 0.06 0.3 -2.0
InterValue 18.01 0.28 2.1 28.9 HYCor nr 5.39 0.02 0.5 6.0
CorePlusBd p 7.21 0.06 0.0 -6.0 MFS Funds Class I: LgTrmCrdtBd 9.00 0.12 -0.7 -12.6 MidCpBldA 39.58 0.09 7.8 28.6 Touchstone Funds Gro: Nasdaq100 n 45.11 -0.70 7.2 48.1
IntlAlphaInv 17.51 0.18 5.2 9.4 InflaPro n 11.74 0.06 0.1 -1.5
EqInc p 23.38 0.24 4.2 24.8 GrowthI 196.20 -1.12 14.0 38.6 LngDurTotRtrn 7.29 0.10 -0.9 -16.1 PreSecI 9.00 0.04 2.9 1.3 ntTerBd n 9.18 0.06 0.4 -3.7
StrInc 7.80 0.05 1.8 -0.6 MdCpY 55.82 0.22 7.1 28.2 IntlExplr n 17.20 0.06 1.0 -7.1
GwthAdv p 34.14 -0.42 11.4 36.0 MCapI 31.65 -0.06 9.7 17.6 LowDur 9.19 0.01 0.6 -0.2 PtrLV In 18.89 0.13 4.9 26.3 S&PIdx n 65.32 -0.17 7.6 38.7
Hartford HLS Fds IA: Touchstone Strategic: IntlGr n 33.64 -0.01 5.1 -13.6
Inv Bal p 15.60 0.09 3.8 11.1 MCapValI 32.41 0.41 5.4 28.4 LowDurInc r 8.00 0.03 1.7 6.8 RealEstSecI 27.53 0.36 -0.9 15.0 TarRet2040 n 12.64 0.06 4.7 18.1
LagCapFoc A p 62.33 -0.37 5.2 28.9 IntlVal n 41.58 0.49 3.0 8.9
Balanced 29.73 0.08 3.4 19.3 InvCon p 12.37 0.08 2.3 4.6 MIGI 43.65 0.02 6.4 35.4 ModDur 9.21 0.04 0.4 -2.8 SAMBalA p 15.99 0.05 4.2 12.3 VicAggFnd n 59.15 -0.68 12.5 34.2
Transamerica A: ITIGrade n 8.60 0.07 -0.1 -4.6
CapApp 48.92 0.03 6.2 23.0 InvG&I p 18.81 0.11 5.0 16.0 ResBdI 9.48 0.07 0.0 -5.8 MortgOppBd 9.40 0.04 1.4 2.7 SAMGrA p 18.82 0.04 5.4 17.6 SustWld n 28.47 0.16 6.9 24.6
LifeCon n 20.79 0.12 2.1 4.5
DiscEqui 20.55 -0.10 9.0 32.0 InvGrwt p 24.10 0.13 6.4 21.7 RschI 59.44 -0.13 7.6 35.2 RealRtnI 10.07 0.06 0.6 -0.8 Putnam Funds Class A: AsAlModGr p 12.69 0.06 5.6 11.4 CorePlus INSTL 9.18 0.06 0.4 -3.5
LifeGro n 43.31 0.18 4.5 16.1
Div&Grwth 23.46 0.16 3.7 32.5 LgCpGwth p 66.76 -0.73 14.1 42.2 ValueI 50.24 0.58 5.5 27.6 ShortT 9.62 0.00 1.4 7.2 Trust for Professional Ma: Income Fund INST 11.46 0.08 0.5 -4.3
DynAABalA 16.08 0.06 5.7 17.6 LifeInc n 15.29 0.09 0.8 -1.2
TotRetBd 9.58 0.08 0.1 -6.1 MdCpGrw p 40.30 -0.26 7.6 9.1 Morgan Stanley Inst: ShtAssetInv 9.92 0.00 1.2 7.4 DynAAGthA 19.37 0.06 7.0 22.9 PrfTrtStrtBd Ins 19.73 0.13 0.7 -3.0 IntlFd INSTL 27.17 0.46 5.0 15.5
LifeMod n 31.45 0.16 3.3 10.2
USEquity 22.93 0.01 8.4 39.9 StksPLS 12.44 -0.03 7.9 35.3 PutLargCap p 32.99 0.22 7.2 39.3 Tweedy Browne Fds: Short-Term INSTL 8.94 0.02 1.0 5.3
I CapGrI 40.78 -0.19 6.1 -32.0 LTIGrade n 7.94 0.10 -1.5 -13.6
ValAdv t 37.07 0.37 5.3 27.0 TotRetESG 7.63 0.05 0.1 -9.0 GeorgePutBal 24.15 0.02 5.6 21.4 GblValue n 27.82 -0.01 1.7 15.3 Virtus Equity Trust:
CapGrP p 36.50 -0.18 6.1 -32.6 MATxEx n 10.23 0.04 0.3 -1.4
JPMorgan I Class: TotRt 8.60 0.07 0.2 -6.6 GlbHlthCare p 61.68 0.03 6.8 35.3 SmCapSusI 33.78 -0.06 1.7 -10.5
IFP US Equity Fund: GloFranI t 36.28 0.15 5.6 26.5 MidCpGro pn 25.19 0.03 8.3 6.6
CoreBond 10.23 0.08 -0.1 -5.8 TrndsMgdFutStrgy 10.85 -0.14 0.9 21.7 GrOpp p p 60.10 -0.82 10.3 41.7 U MuHY n 10.73 0.04 0.9 0.2 VirtusFunds:
IFP US EquityFd 19.37 0.08 5.1 26.3 MorganStanleyPathway:
CorePlusBd 7.21 0.06 0.1 -5.1 PIMCO Funds A: StDurInc 10.09 NA NA NA MuInt n 13.71 0.03 0.2 0.4
Invesco Fds Investor: CoreFxIcm n 6.84 0.05 -0.8 -8.9 CeredexMdCpVlEqI 12.51 0.14 6.0 22.8
EmMktEq I 30.12 0.32 2.0 -24.0 IncomeFd 10.61 0.06 1.0 4.0 SustainLdrsFd p 121.06 -0.36 11.8 33.6 UM Funds:
LgCapEq n 23.48 -0.02 7.1 29.1 OHLTte n 11.73 0.04 0.2 -1.8 VirtusFunds Cl I:
DivrsDiv n 18.47 0.11 4.9 26.4 EqInc 23.87 0.25 4.2 25.7 LowDurInc 8.00 0.03 1.6 5.6 Putnam Funds Class Y: BehavVal 81.63 1.76 2.3 25.5 Primcp nr 160.18 -0.67 6.1 32.9
Invesco Funds A: Munder Funds: MulSStI 4.49 NA NA NA
GrAdv r 36.23 -0.43 11.5 37.0 TotRetA 8.60 0.07 0.1 -7.5 GrOpp Y 64.49 -0.87 10.3 42.8 PrmcpCor n 34.00 0.04 7.1 33.6 SmCpCorI 54.99 0.19 5.6 41.1
500InxA 54.11 -0.13 7.6 38.3 MndrIntlSmCpInv r 15.06 0.23 3.9 3.0 PIMCO Funds C: V
LgCapVal 19.61 0.38 4.2 24.1 PutLargCap 32.99 0.21 7.3 40.4 SelValu nr 29.90 0.39 3.5 34.2 Vivaldi Merger:
ActiveAllA 13.60 0.09 4.0 6.7 Mutual Series:
LgCpGwth 68.64 -0.74 14.1 43.2 IncomeFd 10.61 0.06 0.9 1.7 StDurInc 10.10 NA NA NA STAR n 27.77 0.13 3.4 8.3
BeacnZ 16.30 0.16 4.6 16.5 VALIC: Arbitrage Fund 10.75 0.02 1.1 9.2
CapApprA p 73.18 -0.75 13.8 34.5 MdCpGrw 50.20 -0.32 7.7 10.0 PIMCO Funds I2: STIGrade n 10.21 0.03 0.5 0.4
GlbDiscA 30.47 0.19 2.8 28.6 IntlEq 8.23 -0.07 5.0 15.3 Voya Fds:
Chart 18.40 0.02 8.4 30.3 MdCpVal 37.19 0.41 5.5 24.1 ComPLUSStrtgyFd 6.74 0.00 4.0 54.5 R StratgcEq n 36.37 0.35 5.8 31.6
CmstA 28.76 0.32 5.3 38.1 MtgBckd 10.14 0.09 0.2 -4.8 GlbDiscz 31.40 0.18 2.8 29.6 MidCpIdx 26.12 -1.00 6.3 20.8 StrSmCpEqInv n 38.96 0.12 4.1 26.5 InmdBdI 8.72 0.06 0.1 -6.3
Income 10.61 0.06 1.0 5.0 SciTech 28.04 -0.34 13.7 24.4
DevMktA 39.44 0.43 0.2 -23.7 ShtDurBnd 10.72 0.03 0.8 2.0 QuestZ 14.05 0.16 2.6 13.7 Royce Funds: TgtRe2020 n 27.45 0.14 2.2 6.9
IntlBdUSH 9.88 0.08 0.6 -1.3 WXYZ
DiscFdA p 92.30 -1.52 10.2 4.1 SmCap 55.80 0.42 3.3 5.9 SharesZ 25.54 0.17 4.1 19.9 PAMut I nr 9.45 0.03 2.9 18.2 StckIdx 51.40 -3.82 7.7 39.2 TgtRe2025 n 18.91 0.09 2.9 9.2
InvstGrCrBd 8.94 0.07 0.2 -5.8
DisMdCpGrA 26.60 -0.08 13.0 9.0 USEquity 23.04 0.02 8.4 40.9 Russell Funds S: ValUltra 14.63 -0.20 11.4 33.2 TgtRe2030 n 36.69 0.18 3.4 11.3
N LowDurInc 8.00 0.03 1.7 6.5 Wasatch:
DivIncm p 25.57 0.20 4.2 26.6 ValAdv 37.40 0.38 5.3 28.0 VANGUARD ADMIRAL: TgtRe2035 n 22.99 0.10 3.9 13.7
ShtTm 9.62 0.00 1.3 6.9 StratBd 9.25 0.05 -0.5 -9.5 CoreGr n 89.91 0.26 4.2 10.9
DivrsDiv p 18.48 0.12 4.9 26.1 JPMorgan Inst Class: Natixis Funds: TotRt 8.60 0.07 0.1 -6.8 TaxExBd 22.11 0.00 0.4 0.6 400MCpIdxInst398.66 5.82 6.4 22.0 TgtRe2040 n 41.01 0.17 4.4 15.9 WCM Focus Funds:
EqIncA 10.48 0.08 4.0 16.2 ValAdv L 37.43 0.37 5.3 28.5 PIMCO Funds Instl: TxMngUSLgCp 75.71 -0.02 7.4 33.8 500Adml n 473.95 -1.08 7.7 40.4 TgtRe2045 n 27.94 0.11 4.8 18.2
InvGradeBdY 9.88 0.08 0.3 -2.2 BalAdml n 46.46 0.09 4.2 16.1 WCMFocIntlGrwIns25.40 0.14 11.6 13.4
EqWtdA p 72.40 0.68 4.8 24.9 JPMorgan L Class: Rydex Investor Class: TgtRe2050 n 46.71 0.17 5.1 19.3
LSGrowthY 25.64 -0.24 10.4 45.0 ComPLUSStrtgyFd 6.85 0.00 3.9 55.0 Weitz Funds:
GblStrIncmA p 3.12 0.02 0.1 -4.1 NasdaqInv n 75.82 -1.19 7.0 44.5 CAITAdml n 11.45 0.03 0.3 0.7 TgtRe2060 n 48.03 0.19 5.1 19.4
MdCpVal L 37.91 0.41 5.5 24.6 Neuberger Berman Fds: DynamicBd 9.82 0.04 1.3 0.9 CorPluInc Inst 9.67 NA NA NA
GlbOppA p 49.99 0.32 -1.6 -30.2 CALTAdml n 11.55 0.03 0.3 0.0 TgtRet2055 n 52.13 0.20 5.1 19.3
JPMorgan R Class: GenesInst 62.80 0.47 2.8 8.9 IncomeFd 10.61 0.06 1.1 5.3 Western Asset:
GrIncA 21.47 0.16 5.9 28.9 S CapOpAdml nr 191.04 -0.70 6.6 28.8 TgtRetInc n 13.23 0.07 1.6 4.2
CoreBond 10.25 0.08 0.0 -5.3 IntrinsicValInst 20.76 0.08 2.7 3.9 InflRespMulAsset 8.17 0.08 1.9 16.0
HYMuA 8.59 0.04 1.4 -3.5 CoStIxAd nr 98.64 0.86 4.7 26.8 USGro n 62.80 -0.61 10.9 15.4 CoreBondI 10.64 NA NA NA
CorePlusBd 7.22 0.06 0.2 -4.9 LCVal Inst 42.66 0.84 3.4 9.5 Pioneer Funds A:
IntTMIA p 10.45 0.03 0.8 -0.8 Schwab Funds: DivAppIdxAdm n 48.53 -0.12 5.0 33.8 WellsI n 25.12 0.24 0.7 6.5 CoreBondIS 10.65 NA NA NA
InvGloblFdA 99.41 0.46 10.7 18.6 HighYld r 6.43 0.03 1.0 7.4 LgShInst 17.73 -0.11 1.6 18.5 CoreEqA 22.17 0.07 6.8 27.1 EMAdmr n 34.74 0.13 1.6 -9.5 Welltn n 42.96 0.09 3.9 20.3 CorePlusBdA 9.41 NA NA NA
1000 Inv nr 110.17 -0.20 7.6 36.2
MnStFndA 54.14 0.07 8.9 32.1 MtgBckd 10.13 0.08 0.1 -4.5 StrIncInst 9.82 0.08 0.9 2.8 DiscGrA 17.60 -0.11 8.0 37.0 EnergyAd nr 61.43 0.63 4.8 88.4 Wndsr n 21.97 0.31 2.2 31.7 CorePlusBdI 9.42 NA NA NA
CoreEq n 21.52 -0.10 7.1 36.1
MnStSmCpA p 28.33 0.13 6.0 21.3 ShtDurBnd 10.72 0.03 0.8 2.2 Neuberger Berman Inv: PioFdA 39.73 0.24 8.9 38.8 EnergyAdml nr 88.58 1.87 1.5 56.9 WndsrII n 45.30 0.15 5.6 32.0 CorePlusBdIS 9.41 NA NA NA
FunIntlLgInst nr 10.87 0.15 3.5 21.4
ModInvA 10.96 0.08 3.1 4.2 USRechEnhEq 39.93 -0.05 8.2 45.0 Genes n 62.65 0.47 2.8 8.4 Pioneer Funds Y: FunUSLgInst nr 25.59 0.13 5.4 36.5 EqIncAdml n 87.54 1.10 3.9 31.9 VANGUARD INDEX FDS: ManagedMuniA 15.10 NA 0.7 -0.3
MunInA 12.08 0.04 0.7 -2.0 JPMorgPrm: Guard n 26.99 -0.27 8.1 43.8 BondY 8.23 0.07 0.0 -5.9 InflProSel n 10.26 0.05 0.2 -0.9 EuropeAdml n 83.66 1.38 3.7 19.4 500 473.94 -1.09 7.7 39.9 SMAShCrPlCp n 6.22 0.07 -0.6 -19.9
RchHiYldMuniA 6.92 0.04 1.3 -0.4 USEquity L 23.11 0.02 8.4 41.6 LCVal n 42.70 0.85 3.3 9.0 StratIncY p p 9.47 0.09 0.8 -1.2 IntI Sel nr 23.71 0.34 5.1 17.0 ExplrAdml n 108.59 -0.02 5.2 8.6 EmgMktInstPl 87.88 0.32 1.7 -9.3 SmashSerM n 7.76 NA NA NA
RisingDivA 24.79 0.02 7.5 40.1 Laudus Funds: Neuberger Berman Tr: Price Funds: S&P Sel n 78.74 -0.18 7.7 40.4 ExtndAdml n 130.29 0.18 4.5 2.9 ExtndIstPl 321.53 0.46 4.5 2.9 Wm Blair Funds Cl I:
RochAMTFrMuni 6.98 0.02 0.6 -0.7 USLgCpGr nr 23.70 -0.25 11.9 29.2 GenesisFdR6 62.74 0.47 2.8 9.2 2050RetFd n 17.92 0.10 6.0 17.5 SmCp Sel nr 33.48 0.12 3.0 -1.4 GNMAAdml n 9.24 0.10 -0.5 -6.9 FTAIWdInPl 121.80 1.48 3.9 8.0 SmMidI r 30.73 0.07 8.6 7.0
March 11, 2024 BARRON’S 49

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

DJ Half-Hourly Averages Trading Diary

The Dow Jones Averages Dow Jones 30 Industrial (divisor: 0.15265312230608)
Daily
Open (t)
Open (a)
10:00
Mar 4
38934.28
38968.77
39014.68
5
38881.94
38906.98
38809.60
6
38780.41
38721.15
38716.11
7
38851.15
38784.30
38843.30
8
38739.14
38776.80
38950.06
Market Advance/Decline Volumes
Daily
NY Up
NY Off
NY Up - Comp.
Mar 4 5 6
507,531 453,427 730,197 629,240 468,367
529,444 532,915 279,901 292,247 451,006
2,164,964 1,952,046 3,302,393 2,763,925 1,998,873
7 8

10:30 39025.31 38823.50 38702.10 38833.16 38861.24 NY Off - Comp. 2,557,734 2,395,603 1,210,987 1,290,979 2,137,128
NYSE Amer UP 6,456 1,976 11,492 6,961 6,615
11:00 38992.20 38760.20 38757.40 38864.28 38913.45
Industrials 11:30
12:00
38977.14
39012.29
38741.03
38700.66
38842.08
38807.46
38788.60
38825.97
38872.37
38837.17
NYSE Amer Off
NASD Up
5,569 7,883 3,580 4,208 6,585
2,262,926 2,674,440 3,450,829 3,275,683 2,920,573
40150 NASD Off 3,417,157 3,625,191 2,005,433 1,735,357 2,455,788
12:30 39055.70 38752.49 38803.57 38776.28 38888.68 NYSE Arca UP 170,279 168,235 271,248 195,484 256,444
Week's
Components Change 1:00 39047.05 38697.26 38762.54 38780.14 38785.25 NYSE Arca Off 177,426 233,543 114,855 117,640 176,811
1:30 38992.12 38689.96 38795.64 38836.82 38783.16 % (QCHA) –.17 –.50 +.64 +.70 +.18
3M 2.04 2:00 38993.82 38614.70 38669.52 38873.43 38737.96 % (QACH) +.78 –1.03 +2.50 +.24 +.95
Amazon.com -2.87 39000 2:30 39009.93 38627.79 38672.76 38796.78 38867.54 % (QCHAQ) –.07 –.56 +.92 +.71 +.30
American Express 3.71 3:00 39064.56 38518.07 38606.95 38773.49 38884.55 Market Advance/Decline Totals
Amgen -6.58 3:30 39027.57 38464.83 38617.04 38759.29 38731.21 NYSE NYSE
Apple -8.93 Close 38989.83 38585.19 38661.05 38791.35 38722.69 Weekly Comp. NYSE Amer Nasdaq Arca
Boeing -1.51 37850 High (t) 39323.89 39116.53 39033.40 39120.82 39170.80 Total Issues 2,971 331 4,744 2,112
Caterpillar 2.49 Low (t) 38646.90 38360.47 38406.42 38522.37 38511.63 Advances 1,796 174 2,279 1,509
Chevron -2.93 High (a) 39087.86 38906.98 38858.13 38910.35 38971.15 Declines 1,139 145 2,369 589
Cisco Systems 1.10 Low (a) 38913.30 38457.83 38570.80 38730.13 38705.03 Unchanged 36 12 96 14
Coca-Cola -0.01 Change –97.55 –404.64 +75.86 +130.30 –68.66 New Highs 590 30 663 992
Disney -1.63 36700 New Lows 78 22 288 61
Dow 0.84 Theoretical (t): High 39323.89 Low 38360.47 Week ended last Friday compared to previous Friday
Goldman Sachs -1.11 Actual (a): High 39087.86 Low 38457.83 NYSE Composite Daily Breadth
Home Depot -11.10 Daily Mar 4 5 6 7 8
Honeywell International 2.08 35550 Dow Jones 20 Transport (divisor: 0.16730770324943) Issues Traded 2,921 2,912 2,920 2,910 2,900
IBM 7.75 Advances 1,218 1,188 1,992 2,005 1,549
Intel 0.18 Open (t) 15869.44 15711.47 15689.53 15787.56 15871.12 Declines 1,613 1,638 826 804 1,244
Johnson & Johnson -2.60 Open (a) 15841.43 15731.61 15660.07 15729.99 15854.14 Unchanged 90 86 102 101 107
JPMorgan Chase 2.93 10:00 15869.15 15694.07 15691.27 15792.43 15894.39 New Highs 288 166 217 296 288
McDonald's 1.82 34400 10:30 15897.22 15629.07 15796.32 15834.25 15890.70 New Lows 36 37 31 20 15
Merck -3.46 11:00 15888.20 15625.39 15738.07 15832.05 15868.31 Blocks - primary 5,261 4,910 4,705 4,432 4,518
Microsoft -9.28 11:30 15881.14 15653.27 15762.20 15835.24 15892.30 Total (000) - primary 1,044,546 1,003,517 1,020,300 936,800 933,933
Nike Cl B -2.72 12:00 15886.96 15682.91 15786.36 15821.94 15861.80 Total (000) 4,758,448 4,418,418 4,559,055 4,137,987 4,208,876
Procter & Gamble 1.50 33250 12:30 15907.75 15729.58 15791.42 15843.31 15840.81 NYSE American Composite
Salesforce -11.60 1:00 15881.58 15742.82 15813.19 15839.21 15816.19 Daily Mar 4 5 6 7 8
Travelers -0.37 1:30 15882.98 15737.90 15760.93 15840.10 15774.99 Issues Traded 308 309 301 310 309
UnitedHealth Group -12.96 2:00 15881.83 15707.70 15737.14 15850.87 15715.86 Advances 136 98 174 169 159
Verizon Communications -0.69 2:30 15854.29 15673.90 15679.28 15842.83 15741.37 Declines 156 189 113 124 124
Visa Cl A -3.12 32100
3:00 15869.38 15659.56 15683.02 15858.98 15774.97 Unchanged 16 22 14 17 26
Walmart 1.36 September October November December January February March 3:30 15869.82 15574.34 15680.06 15868.52 15752.09 New Highs 14 7 11 11 12
Close 15789.89 15626.24 15673.52 15848.04 15718.22 New Lows 6 11 6 4 4
High (t) 16008.14 15855.58 15878.80 15964.90 16010.29 Blocks - primary 120 101 167 131 123
Low (t) 15711.47 15474.33 15566.92 15696.11 15638.52 Total (000) - primary 12,317 10,010 16,519 11,535 13,337
Transportation High (a)
Low (a)
15908.28 15753.93 15817.18 15870.04
15786.97 15568.04 15653.17 15729.99
15917.42
15703.23
Total (000)
Nasdaq
206,712 178,790 318,853 191,322 202,138

16855
Change –42.73 –163.65 +47.28 +174.52 –129.82 Daily Mar 4 5 6 7 8
Week's
Components Change Issues Traded 4,484 4,441 4,439 4,430 4,437
16460 Theoretical (t): High 16010.29 Low 15474.33
Advances 1,764 1,552 2,562 2,584 2,108
Actual (a): High 15917.42 Low 15568.04
Alaska Air Group -0.41 Declines 2,542 2,745 1,687 1,671 2,137
American Airlines Group -0.98 Unchanged 178 144 190 175 192
Avis Budget Group 1.44
16065 New Highs 366 133 219 330 354
CH Robinson Worldwide -1.43 Dow Jones 15 Utilities (divisor: 1.19780346554510) New Lows 115 114 116 90 83
Blocks - primary 35,603 51,891 34,487 30,720 29,570
CSX -0.04 15670 Open (t) 828.78 850.67 849.78 856.46 855.42
Total (000) 5,725,475 6,356,806 5,511,376 5,072,792 5,411,792
Delta Air Lines 0.08 Open (a) 831.08 849.62 848.56 855.43 854.87
Expeditors Intl of Wash 0.62 10:00 832.08 853.81 850.84 856.43 854.21 NYSE Arca Composite
FedEx 1.08 15275 10:30 833.47 856.51 850.70 857.57 850.93 Daily Mar 4 5 6 7 8
JB Hunt Transport -2.73 11:00 835.81 858.93 847.62 857.03 851.20 Issues Traded 1,897 1,909 1,894 1,924 1,907
Kirby Corp 0.21 14880 11:30 841.50 855.24 850.06 855.68 851.61 Advances 744 617 1,638 1,674 744
Landstar System -0.37 12:00 840.62 848.76 849.80 856.33 854.24 Declines 1,117 1,269 229 229 1,124
Matson -4.21 12:30 841.91 846.35 849.91 853.89 855.06 Unchanged 36 23 27 21 39
Norfolk Southern 2.05 14485 1:00 841.72 845.06 851.43 854.51 855.01 New Highs 590 158 370 726 722
Old Dominion Freight Line -15.99 1:30 841.98 847.66 850.64 854.73 856.76 New Lows 32 19 19 32 34
Ryder System 1.23 2:00 840.77 846.52 849.08 854.05 856.71 Blocks - primary 1,877 2,405 2,439 1,903 3,360
14090 Total (000) - primary 352,898 404,484 387,000 314,917 437,061
Southwest Airlines 0.30 2:30 840.62 845.67 846.73 853.58 857.44
Uber Technologies -2.33 3:00 843.69 844.24 845.86 852.61 856.71 Total (000) 1,703,060 1,953,060 1,840,103 1,557,195 2,133,742
13695
Union Pacific
United Airlines
-2.02
-1.54
3:30
Close
845.23
847.31
840.39
841.99
846.98
849.16
852.83
853.14
856.75
855.65 Other Market Indexes
United Parcel Service B 5.90 High (t) 849.47 861.23 855.79 861.25 861.39
13300 Daily 3/04 3/05 3/06 3/07 3/08
Low (t) 827.23 837.79 841.80 848.39 847.44
September October November December January February March High (a) 849.09 859.98 853.84 858.18 858.68
NYSE Amer Comp 4501.73 4535.53 4570.39 4620.58 4607.32
AmMajorMkt 3567.97 3552.48 3563.56 3585.59 3585.65
Low (a) 828.35 838.49 845.31 851.51 849.05
Utilities Change +14.27 –5.32 +7.17 +3.98 +2.51
BNY ADR Idx
Europe
175.48 174.34
168.59 167.51
177.21 180.10
169.41 172.74
178.58
171.46
920 Latin Am 215.39 213.94 216.51 216.10 210.80
Theoretical (t): High 861.39 Low 827.23
Actual (a): High 859.98 Low 828.35 Asia 207.43 206.02 211.02 214.01 212.40
Week's
Change Emerg M 330.02 325.46 333.42 340.05 335.53
Components
DJ US TSM Float51176.32 50640.99 50925.39 51440.08 51121.89
AES 0.78 Nasdaq Cmp 16207.51 15939.59 16031.54 16273.38 16085.11
Dow Jones 65 Composite (divisor: 0.77297001992721) 100 Index 18226.48 17897.87 18017.57 18297.99 18018.45
American Elec Power -1.15
Open (t) 12408.28 12397.69 12371.50 12417.04 12411.40 Indus. 9766.49 9630.65 9637.85 9740.79 9655.08
American Water Works -1.24 875 Open (a) 12412.60 12405.85 12351.53 12389.76 12414.31 Insur. 13895.10 13862.33 14053.22 14032.51 14011.20
Atmos Energy 3.09
Consolidated Edison 3.11 10:00 12434.49 12378.84 12382.65 12427.55 12458.12 Banks 3552.44 3650.35 3646.49 3641.31 3638.64
10:30 12444.77 12383.20 12368.87 12427.00 12428.40 Computer 14549.87 14251.05 14362.78 14665.75 14423.00
Dominion Energy 3.21
11:00 12430.56 12371.37 12375.88 12434.71 12447.25 Telecom 395.68 397.41 398.80 395.58 399.05
Duke Energy 4.08
11:30 12432.58 12360.91 12404.75 12412.15 12436.46 NYSE Comp.-z 17748.70 17669.49 17801.04 17927.62 17889.62
Edison International 2.72
Financial-z 10286.68 10290.44 10353.29 10371.67 10402.78
Exelon 1.47 830 12:00 12449.33 12357.65 12391.01 12423.79 12423.60
Health Care-z26269.94 26074.71 26244.75 26536.34 26400.01
FirstEnergy 1.59 12:30 12455.94 12365.42 12401.45 12410.25 12428.95
Energy-z 13300.49 13359.81 13457.28 13546.29 13515.31
NextEra Energy 2.60 1:00 12452.46 12361.97 12388.03 12411.05 12403.59
Russell 1000 2813.91 2784.58 2799.90 2828.22 2810.12
Public Svc Enterprise 2.02 1:30 12443.88 12359.66 12392.18 12422.58 12400.20 2000 2074.31 2053.71 2068.09 2084.74 2082.71
Sempra 1.20 2:00 12434.51 12329.02 12353.02 12434.35 12380.98 3000 2941.78 2911.19 2927.43 2956.73 2938.63
Southern 2.15 2:30 12441.05 12334.57 12348.29 12415.17 12418.68 Value-v 1697.09 1691.27 1701.66 1710.32 1710.02
Xcel Energy 1.45 785 3:00 12457.73 12293.23 12334.59 12411.21 12421.61 Growth-v 3357.08 3303.13 3319.58 3366.80 3328.25
3:30 12446.60 12270.36 12335.98 12407.48 12378.02 MidCap 3260.19 3234.68 3260.23 3288.49 3275.98
Close 12430.75 12307.18 12343.51 12413.19 12375.41 S&P 100 Index 2426.58 2399.64 2410.14 2437.71 2417.53
High (t) 12547.31 12491.57 12471.74 12516.11 12536.02 500 5130.95 5078.65 5104.76 5157.36 5123.69
Low (t) 12314.93 12223.40 12258.73 12319.82 12303.76 Ind. 7386.94 7296.94 7335.62 7429.32 7364.59
High (a) 12463.69 12405.85 12410.30 12442.91 12458.97 MidCap 2930.66 2921.40 2940.49 2968.54 2952.39
740 Low (a) 12405.06 12266.30 12318.09 12389.76 12373.65 SmallCap 1303.68 1297.90 1301.73 1312.08 1310.75
September October November December January February March Change –6.41 –123.57 +36.33 +69.68 –37.78 Value Line(A) 10205.71 10132.87 10191.95 10292.36 10277.21
Value Line(G) 597.63 593.20 596.51 602.24 601.24
Note: Theoretical highs and lows are shown. A red chart indicates a lower price than the starting period. Green means it's higher than the starting period. Theoretical (t): High 12547.31 Low 12223.40 DJ US Small TSM14267.60 14123.43 14205.70 14308.46 14300.05
Actual (a): High 12463.69 Low 12266.30 (A)-Arithmetic Index. (G)-Geometric Index.
(v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec. 31,2002=5000.
50 BARRON’S March 11, 2024

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

The Week In Stocks For the Major Indexes

12-Month Weekly Friday Weekly 12-Month Change From
Indexes’ P/Es & Yields
DJ latest 52-week earnings and dividends adjusted by Dow Divisors
Stock Volume
at Friday's close. S&P Dec. 4-quarter's GAAP earnings as reported Last Week Prev. Week Year Ago YOY % Chg
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/29 % Chg. and indicated dividends based on Friday close.S&P 500 P/E ratios
based on GAAP earnings as reported. For additional earnings NYSE(a) 4,939,096 5,433,040 5,065,190 -2.49
Dow Jones Indexes series, please refer to www.spglobal.com. DJ latest available book 30 Dow Inds (b) 1,829,100 1,697,120 1,470,639 24.37
39131.53 31819.14 30 Indus 38989.83 38585.19 38722.69 –364.69 –0.93 6813.05 21.35 1033.15 2.74 values for FY 2022 and 2021, and S&P latest for 2022 and 2021. r- 20 Dow Trans (b) 494,330 444,778 332,281 48.77
16695.32 13444.01 20 Transp 15848.04 15626.24 15718.22 –114.40 –0.72 1509.21 10.62 –180.63 –1.14 Revised data 15 Dow Utils (b) 387,707 428,484 325,582 19.08
975.39 783.08 15 Utilities 855.65 841.99 855.65 22.61 2.71 –31.90 –3.59 –26.02 –2.95 65 Dow Stks (b) 2,711,137 2,570,382 2,128,501 27.37
NYSE American (a) 63,717 61,583 52,604 21.13
12489.82 10596.53 65 Comp 12430.75 12307.18 12375.41 –61.75 –0.50 1615.32 15.01 125.44 1.02
Last Week Prev. Week Last Year Nasdaq(d) 28,078,241 28,145,619 26,746,989 4.98
Dow Jones Indexes
51440.08 38697.55 US TSM Float 51440.08 50640.99 51121.89 –107.19 –0.21 12303.82 31.70 3334.42 6.98 DJ Ind Avg 38722.69 39087.38 31909.64 NYSE 15 Most Active
1260.76 942.79 US Market 1260.76 1240.88 1252.67 –2.52 –0.20 307.73 32.57 84.95 7.28 P/E Ratio 27.24 27.50 20.76 Average Price 23.29 15.26 15.81 47.31
Earns Yield % 3.67 3.64 4.82 % Tot Vol 18.73 14.79 13.26 41.25
936.55 599.40 Internet 930.65 909.38 924.03 –12.52 –1.34 324.63 54.16 72.54 8.52
Earns $ 1421.33 1421.33 1537.23 Stock Offerings $(z,v) 8,789,690 r9,846,060 3,369,900 160.83
New York Stock Exchange
17927.62 14599.05 Comp-z 17927.62 17669.49 17889.62 161.35 0.91 2995.44 20.11 1036.73 6.15 Divs Yield % 1.85 1.83 2.19
Daily Stock Volume 3/4 3/5 3/6 3/7 3/8
10402.78 8121.52 Financial-z 10402.78 10286.68 10402.78 132.37 1.29 1881.09 22.07 521.01 5.27 Divs $ 717.30 714.28 699.98
Mkt to Book 5.05 5.10 4.29 NYSE(a) 1,044,546 1,003,517 1,020,300 936,800 933,933
26536.34 21487.16 Health Care-z 26536.34 26074.71 26400.01 181.52 0.69 4912.86 22.86 2232.87 9.24 30 Inds (b) 394,509.2 393,757.5 355,516.2 343,254.9 342,062.1
14159.04 11549.36 Energy-z 13546.29 13300.49 13515.31 84.21 0.63 989.05 7.90 255.77 1.93 Book Value $ 7664.40 7664.40 7439.45 20 Trans (b) 130,767.6 106,516.4 87,779.1 81,456.0 87,811.1
NYSE American Stock Exchange DJ Trans Avg 15718.22 15832.62 14209.01 15 Utils (b) 70,579.2 90,558.6 79,244.0 73,139.9 74,185.6
4685.93 3871.21 NYSE Amer Comp 4620.58 4501.73 4607.32 37.96 0.83 410.64 9.78 13.00 0.28 P/E Ratio 16.89 17.01 11.09 65 Stks (b) 595,856.0 590,832.5 522,539.2 497,850.8 504,058.8
Earns Yield % 5.92 5.88 9.01 NYSE Amer(a) 12,317 10,010 16,519 11,535 13,337
3585.65 2895.39 Major Mkt 3585.65 3552.48 3585.65 15.54 0.44 675.06 23.19 197.57 5.83 Nasd(d) 5,725,475 6,356,806 5,511,376 5,072,792 5,411,792
Earns $ 930.62 930.62 1280.72
Standard & Poor's Indexes
Divs Yield % 1.37 1.36 1.41 NYSE 15 Most Active
2437.71 1739.04 100 Index 2437.71 2399.64 2417.53 –15.86 –0.65 678.49 39.02 181.34 8.11
Divs $ 216.01 214.63 201.05 Avg. Price 15.55 17.99 17.08 23.94 22.00
5157.36 3855.76 500 Index 5157.36 5078.65 5123.69 –13.39 –0.26 1262.10 32.68 353.86 7.42 % Tot Vol 21.43 12.23 20.26 17.26 19.44
Mkt to Book 4.47 4.50 4.42
7429.32 5403.96 Indus 7429.32 7296.94 7364.59 –41.78 –0.56 1960.63 36.28 535.63 7.84
Book Value $ 3514.52 3514.52 3214.72 Numbers in thousands save price and percentages. (a) Primary volume. (b) Composite volume. (d) as of 4:10 pm.
2968.54 2326.82 MidCap 2968.54 2921.40 2952.39 41.73 1.43 499.80 20.38 170.85 6.14
DJ Utility Avg 855.65 833.04 887.55 (r) Revised. (v) W/E Thursday. (z) Source: LSEG.
1339.63 1068.80 SmallCap 1312.08 1297.90 1310.75 –0.33 –0.03 138.41 11.81 –7.51 –0.57
P/E Ratio 18.09 17.62 24.46
Nasdaq Stock Market
Earns Yield % 5.53 5.68 4.09
16274.94 11138.89 Comp 16273.38 15939.59 16085.11 –189.83 –1.17 4946.23 44.41 1073.76 7.15
Earns $ 47.29 47.29 36.29
18302.91 11830.28
9865.20 7720.51
100 Index
Indus
18297.99
9766.49
17897.87
9630.65
18018.45
9655.08
–284.46
–210.12
–1.55
–2.13
6188.17
1934.57
52.31
25.06
1192.52
181.38
7.09
1.91
Divs Yield %
Divs $
3.67
31.36
3.76
31.33
3.36
29.80
NYSE HALF-HOURLY VOLUME
14053.22 10885.14 Insur 14053.22 13862.33 14011.20 147.63 1.06 2426.19 20.94 1408.68 11.18 Mkt to Book 1.90 1.85 2.04 Daily 3/04 3/05 3/06 3/07 3/08
3842.86 2658.90 Banks 3650.35 3552.44 3638.64 96.57 2.73 156.74 4.50 –136.47 –3.61 Book Value $ 450.45 450.45 435.47
14665.75 8701.28 Computer 14665.75 14251.05 14423.00 –162.00 –1.11 5721.72 65.76 1426.78 10.98 S&P 500 Index 5123.69 5137.08 3861.59 9:30-10:00 144,474 114,047 122,718 113,358 115,397
427.98 375.79 Telecom 399.05 395.58 399.05 0.68 0.17 23.27 6.19 –18.05 –4.33 P/E Ratio 27.81 27.88 20.64 10:00-10:30 53,957 52,719 46,331 42,253 43,828
Russell Indexes Earns Yield % 3.60 3.59 4.84 10:30-11:00 43,403 44,037 39,030 37,447 40,351
2828.22 2115.51 1000 2828.22 2784.58 2810.12 –6.75 –0.24 689.59 32.52 187.98 7.17 Earns $ 184.25 184.25 187.08
2084.74 1636.94 2000 2084.74 2053.71 2082.71 6.32 0.30 310.01 17.49 55.64 2.74 11:00-11:30 38,728 35,533 37,800 34,891 40,729
Divs Yield % 1.43 1.43 1.79
2956.73 2225.42 3000 2956.73 2911.19 2938.63 –6.23 –0.21 706.11 31.63 190.42 6.93 Divs $ 73.27 73.46 69.12 11:30-12:00 33,041 33,564 35,711 30,908 37,822
1710.32 1415.59 Value-v 1710.32 1691.27 1710.02 18.06 1.07 254.26 17.47 80.60 4.95 Mkt to Book 5.00 5.01 3.83 12:00-12:30 28,854 30,606 37,964 26,979 29,971
3371.63 2253.13 Growth-v 3366.80 3303.13 3328.25 –43.38 –1.29 1075.12 47.72 276.57 9.06 Book Value $ 1024.56 1024.56 1008.02 12:30-1:00 27,726 28,788 28,406 24,949 26,988
3288.49 2594.10 MidCap 3288.49 3234.68 3275.98 25.39 0.78 569.28 21.03 164.10 5.27 S&P Ind Index 7364.59 7406.37 5403.96
Others 1:00-1:30 27,057 26,403 25,955 24,760 25,712
P/E Ratio 31.48 31.66 21.75
10292.36 8310.43 Value Line-a 10292.36 10132.87 10277.21 61.92 0.61 1518.41 17.34 259.05 2.59 Earns Yield % 3.18 3.16 4.60 1:30-2:00 28,328 28,194 35,113 27,341 28,394
602.24 498.09 Value Line-g 602.24 593.20 601.24 2.83 0.47 57.11 10.50 7.37 1.24 Earns $ 233.96 233.96 248.47 2:00-2:30 28,742 29,101 35,296 27,639 28,149
14308.46 11320.09 DJ US Small TSM 14308.46 14123.43 14300.05 4.61 0.03 2098.49 17.20 247.58 1.76 Divs Yield % 1.27 1.26 1.60 2:30-3:00 33,625 35,091 40,523 31,257 29,434
1085.05 829.11 Barron's Future Focus 1085.05 1067.16 1083.98 8.23 0.77 253.90 30.59 55.62 5.41 Divs $ 93.53 93.32 86.46 3:00-3:30 40,762 42,569 45,107 33,597 36,608
1141.48 881.58 Barron's 400 1141.48 1126.49 1134.38 4.78 0.42 204.63 22.01 61.98 5.78 Mkt to Book 6.72 6.76 5.19
3:30-4:00 515,848 502,866 490,347 481,420 450,549
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec. 31,1965=50 z-Dec. 31,2002=5000 Book Value $ 1095.83 1095.83 1042.07

Selected IPOs
U.S. Dollar Index vs Euro and Yen Per Share Values of Stocks Ticker Initial Offer Price IPO Date Recent Price %Chg
Take This Job: Although the initial number for new jobs in February was strong, the December and Janu-
ary numbers were revised down sharply. Traders concluded that a Fed rate cut in June is more likely, and In the Dow Jones Averages Lucas GC
Ryde Group
LGCL
RYDE
4.00
4.00
3/5
3/6
3.21
5.27
-19.8%
31.8%
the dollar sank 1.1% on the week, as measured against six currencies in the ICE U.S. Dollar Index. This is a list of the Dow Jones trailing 52-week diluted share
earnings, dividends and book values as reported by the company.
10 Bolded numbers indicate new values. Sources Barron's Stats and
FactSet.
Industrial Stocks

5 Book Book
s Earns Divs. Value Earns Divs. Value
New Listings
EURO in $
s
0
Am Exp
Amgen
11.21
12.49
2.40 33.26
8.64 6.86
Johnson&John 6.16
JPMorgChase 16.22
4.76 29.39
4.10 90.29 Investor Sentiment Readings NYSE
Apple 6.42 0.96 3.18 McDonalds 11.57 6.38 (8.06) High bullish readings in the Consensus stock index or in the Market
DXY (102.74) Boeing (3.68) Nil (26.58) Merck Co 0.14 2.96 18.12 Vane stock index usually are signs of Market tops; low ones, market None
Caterpillar 20.14 5.10 30.73 Microsoft 11.06 2.86 27.75 bottoms.
-5 Last Week 2 Weeks Ago 3 Weeks Ago
NYSE American
Chevron Corp 11.36 6.16 83.17 Nike Inc 3.42 1.42 9.14
Cisco Sys 3.29 1.55 9.68 Proc Gam 5.97 3.7628 19.46 None
Consensus Index
Coca Cola 2.48 1.84 5.57 3M Co (12.63) 6.01 26.80 Nasdaq
-10 Disney Walt 1.62 Nil 52.09 Salesforce.com 4.20 0.00 57.84 Consensus Bullish Sentiment 78% 78% 77%
s Dow 0.82 2.80 29.39 Travelers Cos 12.79 4.00 92.89 Lucas GC (LGCL)
YEN in $
-15
Goldman Sachs
Home Depot
22.82
15.10
10.75 317.90
8.52 1.54
UnitedHealthGrp 23.84
Verizon
7.52 83.27
2.76 2.635 21.70
AAII Index

Bullish 51.7% 46.5% 44.3%

Name
Honeywell 8.47 4.22 24.99 Visa 8.75 1.94 16.08
A M J J A S O N D J F IBM
Intel
8.15
0.63
6.64 24.22
0.50 24.52
Amazon (0.27)
Wal-mart
Nil 14.26
5.74 2.28 28.48
Bearish 21.8 21.3 26.2 Changes
Source: Tullett Prebon Neutral 26.5 32.2 29.5 NYSE
None
Transportation Stocks Market Vane
NYSE American
Bullish Consensus 66% 66% 63% None
AlaskaAirGroup 1.81 Nil 29.92 Kirby Corp 3.72 Nil 50.79
Nasdaq
Yearly High/Lows Gold Prices 144 Filings AmericanAirlines 1.10
AvisBudgetGrp 42.61
Nil (8.91)
Nil (18.03)
Landstar Sys 7.35
Matson Inc 8.38
1.29 24.70
1.27 63.28
TIM Group Market Sentiment
QT Imaging (QTI), formerly
GigCapital 5 (GIA)
C.H. Robinson 2.71 2.44 11.64 Norf Southern 8.02 5.40 55.83 Indicator 48.4% 45.6% 50.1% TruBridge (TBRG), formerly
The yearly Gold price; with a high/low range based on the daily close. SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to
CSX Corp 1.84 0.45 6.11 Old Dominion 11.26 1.72 33.14 Computer Programs & Systems
sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale. Sources: Consensus Inc.; American Association of
Year High Date Low Date (Sometimes shares aren't sold, even though their owner has filed a Form144.) Source: Thomson Delta Air Lines 7.15 0.30 10.26 Ryder Sys 8.71 2.75 63.45 (CPSI)
Individual Investors; Market Vane; TIM Group
Reuters Expeditors Int'l 5.00 1.38 20.15 Southwest Air 0.75 0.72 17.99
2024 2171.20 Mar. 08 1985.10 Feb. 14
2023
2022
2068.67
2039.05
Dec.
Mar.
22
08
1810.95
1628.75
Feb.
Nov.
24
03 Company Sym
Shares
Indicated $ Value
Sale
Date Seller Title
FedEx
Hunt (JB)
16.88
6.97
5.04 103.86
1.69 35.34
Un Pacific 10.46
UPS 7.79
5.20 19.86
6.49 23.04 Trading
2021
2020
1943.20
2067.15
Jan.
Aug.
04
06
1683.95
1474.25
Mar.
Mar.
30
19 Technipfmc Plc FTI 1,371,235 29,957,130 3/4/24 Pferdehirt, Douglas OD
UberTechnologies (4.69) Nil 3.66 United Airlines 7.88 Nil 21.09
Arms Index Suspended
2019 1546.10 Sept. 04 1269.50 Apr. 23 Draftkings DKNG 1,150,000 47,702,000 2/28/24 Kalish, Matthew O Utility Stocks The Arms index, also known as the short term trading index, NYSE
is a number derived by dividing one quotient into another
BowFlex (BFX)
Coming U.S. Auctions Hims & Hers Health
Bentley Systems
HIMS 1,106,661 14,519,392
BSY 1,000,000 49,200,000
3/1/24
3/1/24
Dudum, Andrew
Bentley, Keith
O
D AES Corp. 0.33 0.6702 2.39 Exelon 2.33 1.46 24.89
quotient. The numerator in the index is the number of
advancing stocks divided by the number of declining stocks.
As of 3/14/11, the denominator in the index is now the
Express (EXPR)
NYSE American
Am Elec 4.25 3.37 46.50 FirstEnergy 1.96 1.56 17.77 composite volume of advancing stocks divided by the
Dutch Bros BROS 1,000,000 29,730,000 2/28/24 Ricci, Jonathan O composite volume of declining stocks. Polished.com (POL)
Yields (%) AmericanWaterWorks 4.89 2.7775 42.30 NextEra Energy 3.61 1.92 19.74
Monday When Issued* Last Auction Monster Beverage MNST 659,000 38,581,650 3/4/24 Hall, Mark OD Atmos Energy 6.30 3.09 66.85 Xcel Energy 3.21 2.08 30.34 Daily 3/4 3/5 3/6 3/7 3/8 Nasdaq
Shutterstock SSTK 525,000 26,250,000 3/1/24 Oringer, Jonathan O Con Ed 7.20 3.26 58.27 Pub Sv Ent 5.13 2.31 27.62 Ambrx Biophama (AMAM)
$79.0 bil 3-month 5.365 5.240
Dorman Products DORM 420,000 38,220,000 3/4/24 Berman, Steven D DominionEnergy 1.96 2.67 31.26 Sempra Energy 4.79 2.38 83.43 NYSE .89 .89 .88 1.16 1.33 Bit Brother (BETS)
$70.0 bil 6-month 5.289 5.105 NYSE American .54 1.81 .28 1.06 1.19 Neptune Wellness Solutions
$56.0 bil 3-year 4.267 4.169 Duke Energy 1.27 4.08 61.51 Southn Co. 3.64 2.80 27.67
Vertiv VRT 306,196 21,507,164 3/1/24 Liang, Stephen O Nasdaq 1.05 .77 .88 .82 .83 (NEPT)
Edison Int'l 3.12 2.9925 35.70
* As of Friday afternoon. Apellis Pharmaceuticals APLS 250,000 16,028,714 3/1/24 Francois, Cedric OD Panbela Therapeutics (PBLA)
March 11, 2024 BARRON’S 51

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Dow Jones U.S. Total Market Industry Groups CBOE Put / Call Ratio Foreign Exchange
Foreign
Currency
Foreign
Currency
U.S. $ in
Foreign
U.S. $ in
Foreign

Net Change % Change and Ranking 52 Week

vs. S&P 100 Country
in U.S.$
Fri.
in U.S.$
Last Fri.
Currency
Fri.
Currency
Last Fri.
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Readings in the CBOE equity put-call ratio of 60:100 and in the Argentina (Peso)-y .0012 .0012 846.7500 843.2500
S&P 100 of 125:100 are considered bullish, for instance. Bearish Australia (Dollar) .6626 .6527 1.5092 1.5321
Aluminum DJUSAL 101.97 + 7.41 –14.18 +7.84 [1] –41.49 [137] –12.21 [134] +1.59 153.42 79.97 signals flash when the equity put-call level reaches the vicinity of Bahrain (Dinar) 2.6536 2.6532 .3769 .3769
Gold Mining DJUSPM 87.64 + 6.18 –11.95 +7.58 [2] –11.75 [130] –12.00 [133] –11.28 122.56 76.29 30:100 and the index ratio hits 75:100. Brazil (Real) .2008 .2018 4.9808 4.9548
Mining DJUSMG 78.99 + 5.31 –11.27 +7.21 [3] –14.95 [134] –12.49 [135] –12.14 112.11 69.15 Bulgaria (Lev) .5592 .5542 1.7882 1.8045
Nonferrous Metals DJUSNF 533.07 + 25.68 –36.39 +5.06 [4] –1.70 [110] –6.39 [127] +4.99 597.28 444.25 S&P 100 CBOE Canada (Dollar) .7415 .7372 1.3486 1.3564
Food Retailers & Whlslrs DJUSFD 1018.16 + 42.01 119.66 +4.30 [5] +29.52 [26] +13.32 [7] +21.69 1,018.27 765.19 Chile (Peso) .001040 .001034 961.30 966.98
China (Renminbi) .1392 .1390 7.1862 7.1968
Multiutilities DJUSMU 225.76 + 8.15 .14 +3.75 [6] –2.03 [111] +.06 [97] +2.59 247.02 202.13 13.25 0.90 Colombia (Peso) .0002562 .0002537 3903.94 3941.65
Diversified Industrials DJUSID 727.26 + 25.03 58.40 +3.56 [7] +32.97 [22] +8.73 [34] +7.72 727.26 527.26
Residential REITs DJUSRN 226.12 + 7.48 .70 +3.42 [8] +.17 [104] +.31 [94] +.07 241.82 193.25 Czech. Rep. (Koruna) …… .. …… .. …… .. …… ..
Gas Distribution DJUSGU 277.26 + 9.11 3.38 +3.40 [9] –6.97 [123] +1.23 [89] +.95 304.65 250.81 Commercial rate .04320 .04276 23.148 23.387
Denmark (Krone) .1468 .1454 6.8143 6.8789
Conventional Electricity DJUSVE 302.01 + 9.86 3.01 +3.38 [10] –2.94 [112] +1.01 [90] +1.64 331.04 263.37 10.65 0.80 EcuadorUS Dollar 1.0000 1.0000 1.0000 1.0000
Electricity DJUSEU 301.19 + 9.83 2.75 +3.37 [11] –3.06 [113] +.92 [91] +1.59 330.47 262.66 Egypt (Pound)-y .0202 .0324 49.3985 30.8971
General Industrials DJUSGI 629.25 + 19.67 43.83 +3.23 [12] +25.83 [38] +7.49 [45] +4.76 629.25 477.31 Hong Kong (Dollar) .1279 .1277 7.8204 7.8282
Banks DJUSBK 524.56 + 15.35 34.77 +3.02 [13] +12.31 [73] +7.10 [48] –.80 524.95 375.25 Hungary (Forint) .002775 .002750 360.35 363.60
Tobacco DJUSTB 665.46 + 18.96 1.63 +2.93 [14] –8.30 [127] +.25 [95] +.09 732.13 626.89 8.05 0.70 Iceland (Krona) .007346 .007241 136.13 138.10
Brewers DJUSDB 650.33 + 17.47 7.93 +2.76 [15] +12.27 [75] +1.23 [88] –7.72 727.32 535.55 India (Rupee) .01208 .01207 82.754 82.849
Food & Drug Retailers DJUSDR 1288.09 + 33.89 124.30 +2.70 [16] +29.73 [25] +10.68 [25] +19.17 1,288.09 966.99 Indonesia (Rupiah) .0000643 .0000636 15541 15725
Commodity Chemicals DJUSCC 796.60 + 19.26 46.34 +2.48 [17] +13.82 [69] +6.18 [57] +9.56 802.13 647.29 Israel (Shekel) .2796 .2806 3.5762 3.5634
5.45 0.60 Japan (Yen) .006799 .006661 147.07 150.13
Basic Resources DJUSBS 337.71 + 8.01 –6.85 +2.43 [18] –1.65 [109] –1.99 [114] +10.29 351.42 280.61
Containers & Packaging DJUSCP 455.52 + 10.51 19.12 +2.36 [19] +8.07 [87] +4.38 [68] –2.46 455.52 369.42 Kazakhstan (Tenge) .002236 .002215 447.13 451.54
Delivery Svcs DJUSAF 1326.23 + 28.00 –49.60 +2.16 [20] –7.15 [124] –3.60 [121] –.89 1,563.90 1,200.27 Kuwait (Dinar) 3.2578 3.2486 .3070 .3078
Macau (Pataca) .1241 .1240 8.0590 8.0675
2.85 0.50 Malaysia (Ringgit)-b .2134 .2107 4.6850 4.7455
Net Change % Change and Ranking 52 Week
Mexico (Peso) …… .. …… .. …… .. …… ..
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low
Floating rate .0595 .0588 16.8120 17.0162
New Zealand (Dollar) .6178 .6106 1.6186 1.6377
Semiconductor DJUSSC 15549.18 + 328.72 4,166.42 +2.16 [21] +113.38 [1] +36.60 [1] +36.78 16,329.18 7,017.87 0.25 0.40 Norway (Krone) .0959 .0949 10.4261 10.5413
Internet DJUSNS 3876.63 – 33.50 379.84 –.86 [111] +72.81 [2] +10.86 [22] +11.17 4,021.32 2,149.67
Broadline Retailers DJUSRB 3670.80 – 32.25 458.86 –.87 [112] +72.52 [3] +14.29 [5] +6.85 3,737.12 2,065.91 M A M J J A S O N D J F M Oman (Rial) 2.5975 2.5974 .3850 .3850
Pakistan (Rupee) .00358 .00358 279.500 279.500
Home Construction DJUSHB 2560.51 + 21.45 180.79 +.84 [58] +71.18 [4] +7.60 [44] +24.56 2,579.25 1,472.58 Source: CBOE Philippines (Peso) .01799 .01782 55.580 56.110
Software & Computer Svcs DJUSSV 6029.99 – 100.12 464.15 –1.63 [127] +60.21 [5] +8.34 [37] +13.75 6,242.36 3,624.35 Poland (Zloty) .2544 .2510 3.9306 3.9836
Travel & Tourism DJUSTT 1099.98 – 6.87 119.67 –.62 [105] +59.17 [6] +12.21 [14] +7.00 1,135.72 637.93 Qatar (Rial) .2747 .2747 3.6400 3.6408
Technology Hardware & Equip DJUSTQ 5941.89 – 16.67 764.83 –.28 [96] +58.60 [7] +14.77 [4] +24.96 6,102.73 3,627.36 Saudi Arabia (Riyal) .2666 .2666 3.7506 3.7503
Software
General Retailers
DJUSSW
DJUSGT
6630.86
2694.85
– 151.97
– 29.67
422.31
310.57
–2.24
–1.09
[133]
[120]
+55.57
+50.93
[8]
[9]
+6.80
+13.03
[54]
[8]
+15.61
+7.78
6,882.49
2,730.21
4,113.37
1,734.09
Coming Earnings Singapore (Dollar)
South Africa (Rand)
.7510
.0534
.7439 1.3315
.0523 18.7258
1.3442
19.1136
Retail DJUSRT 2425.59 – 21.90 277.12 –.89 [113] +48.30 [10] +12.90 [10] +9.00 2,455.43 1,589.05 Consensus Estimate Year ago South Korea (Won) .0007593 .0007508 1316.98 1331.90
Bldg Materials & Fixtures DJUSBD 2095.37 + 21.01 207.58 +1.01 [52] +42.59 [11] +11.00 [21] +14.44 2,122.02 1,340.93 Sri Lanka (Rupee) .0033 .0032 307.5600 308.3500
Industrial Suppliers DJUSDS 805.07 – 8.95 78.51 –1.10 [121] +40.41 [12] +10.81 [23] +23.15 823.87 534.31 Sweden (Krona) .0976 .0968 10.2467 10.3329
M Switzerland (Franc) 1.1395 1.1328 .8776 .8828
Publishing DJUSPB 691.73 + .72 –2.20 +.10 [85] +40.02 [13] –.32 [100] +7.27 706.80 465.35
Construction & Materials DJUSCN 1657.00 + 18.19 169.77 +1.11 [49] +39.35 [14] +11.42 [18] +15.80 1,675.17 1,085.19 Taiwan (Dollar) .03183 .03167 31.418 31.574
Casey’s General Stores (Q3) $2.10 $2.36 Thailand (Baht) .02825 .02796 35.400 35.770
Computer Services DJUSDV 239.98 + 4.78 26.86 +2.03 [24] +39.14 [15] +12.60 [13] +12.30 241.40 163.63
The Beachbody (Q4) $-3.46 -7.50 Turkey (New Lira)-d .0313 .0319 31.9016 31.3516
Recreational Svcs DJUSRQ 101.63 + 1.86 –4.10 +1.86 [26] +37.38 [16] –3.88 [123] –2.53 106.66 65.02 Ukraine (Hryvnia) .0261 .0262 38.2500 38.1500
Specialized Consumer Svcs DJUSCS 2663.29 + 29.05 204.12 +1.10 [50] +37.29 [17] +8.30 [39] +9.32 2,664.40 1,868.51 Vail Resorts (Q2) 6.04 5.16 U.K. (Pound) 1.2859 1.2654 .7777 .7903
Business Support Svcs DJUSIV 1293.80 – 6.60 91.86 –.51 [102] +35.68 [18] +7.64 [43] +13.02 1,311.28 911.78 Uruguay (Peso) …… .. …… .. …… .. …… ..
Specialty Retailers DJUSRS 2955.17 – 31.93 431.13 –1.07 [119] +34.45 [19] +17.08 [2] +6.34 2,987.10 2,074.76 Financial .02579 .02560 38.775 39.065
Waste & Disposal Svcs DJUSPC 587.91 + 7.37 66.97 +1.27 [44] +34.18 [20] +12.86 [11] +17.91 587.91 433.40 T
Euro 1.0941 1.0841 .9140 .9225
Kohl’s (Q4) 1.27 -2.49 Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg column shows the change from previous 65-day moving British, and Japanese currencies. Source: International Monetary Fund.
average. Volume figures do not reflect extended trading hours. a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
2005. y-floating rate.
W

DollarTree (Q4) 2.66 2.04

Lennar (Q1) 2.21 2.06
Money Rates
Delta Market Pulse of the Economy Vera Bradley (Q4) 0.14 0.16 Latest Week Prev. Week Yr Ago

Sentiment Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr TH
Discount Rate (NY)
Prime Rate (base)
5.50
8.50
5.50
8.50
4.75
7.75
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg
Indicator No Activity for this Week
Inflation
Adobe (Q1)
Dick’s Sporting Goods (Q4)
4.38
3.34
3.80
2.93
Fed Funds Rate

The Delta MSI measures the Production Avg effective offer 5.33 5.33 4.58
ECRI Industrial Price Index f Mar 8 114.98 114.46 118.10 –2.64 Dollar General (Q4) 1.72 2.96
position of a representative set Avg weekly auction-c 5.25 5.33 4.57
of stocks relative to an Electric power, (mil. kw hrs) (EEI) Mar 2 75,244 75,613 74,916 0.44
Employment
intermediate-term moving Petroleum, related capacity, % Mar 1 84.9 81.5 86.0 –1.28 Smartsheet (Q4) 0.18 0.18
T-Bills Rate
average crossover (MAC) point. Rotary rigs running, U.S. & Can., (Hughes) Mar 8 847 860 969 –12.59 Civil labor force, (thous.) Feb 167,426 167,276 166,263 0.70
When greater than 50% of the Employed, (thous.) Feb 160,968 161,152 160,301 0.42 Ulta Beauty (Q4) 7.52 6.68
Steel, (thous. tons) Mar 2 1,716 1,776 1,664 3.13 13 weeks, Coupon Yield 5.384 5.400 4.903
stocks followed are above this All non–farm payrolls, (thous.) Feb 157,808 r157,533 155,060 1.77
MAC point, the market is Steel, rated capacity, % (AISI) Mar 2 77.3 79.5 74.4 3.90 13 weeks, Auction Rate 5.240 5.255 4.765
Government payrolls, (thous.) Feb 23,180 r23,128 22,551 2.79 F
bullish. When the indicator is 26 weeks, Coupon Yield 5.313 5.340 5.183
below 50%, risk is elevated and Consumption and Distribution Goods prod payrolls, (thous.) Feb 21,766 r21,747 21,520 1.14
Jabil (Q2) 1.69 1.88 26 weeks, Auction Rate 5.105 5.130 4.970
stock exposures should be Factory shipments, (bil. $) Jan 530.44 r561.94 545.60 –2.78 Initial jobless claims (thous.) Mar 2 217 r217 245 –11.43 Avg weekly auction-c 5.24 5.25 4.73
reduced. Manager uses
discretion on asset allocation
when MSI is at 50% +/- 3%.
Instinet Research Redbook Avg. (monthly %)
Baltic Dry Index
Mar 2 –4.00
Mar 8 2,345
7.04 1.63
2,203 1,424 64.68
…. Continuing claims (mil.)
Job openings, (thous.)
Feb 24 1.906
Jan 8,863
r1.898 1.781 7.02
r8,889 10,425 –14.98 Consensus Estimate Broker Call Rate 7.25 7.25 6.50

Wholesale sales, (mil. $) Jan 657,153 r668,324 667,186 –1.50 Hires, (thous.) Jan 5,687 r5,787 6,374 –10.78 Day Consensus Est Last Period Bankers Acceptances
Total separations, (thous.) Jan 5,341 r5,419 6,017 –11.23

Bullish
Inventories Service payrolls, (thous.) Feb 136,042 135,786 133,540 1.87 T February CPI 0.40% 0.30% 1 month 5.33 5.33 4.65
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) Mar 1 448,530 447,163 478,513 –6.27 Unemployment rate, % Feb 3.9 3.7 3.6 8.33 2 months 5.35 5.35 4.75
February Treasury Budget -$237.8 bil -$21.9 bil
Factory inventories, (bil. $) Jan 853.12 r836.43 807.05 5.71 Unemployed, (thous.) Feb 6,458 6,124 5,962 8.32 3 months 5.38 5.38 4.88
Current Sentiment Gasoline, (thous. bbls) Mar 1 239,745 244,205 238,058 0.71 Avg. wks duration unemploy Feb 20.9 20.8 19.3 8.29 TH February PPI 0.30% 0.30% 6 months 5.37 5.37 5.18
Wholesale inventories, (mil. $) Jan 895,060 r897,432 918,327 –2.53 U–6 unemployment Feb 7.3 7.2 6.8 7.35
Foreign Prime Rates

74.2%
Civilian Employment Population Ratio Feb 60.1 60.2 60.2 –0.17 February Retail Sales 0.70% -0.80%
Orders
Factory orders, backlog (bil. $) Jan 1,393.98 1,393.21 1,156.67 20.52 Construction Janaury Business Inventories 0.30% 0.40% Canada 7.20 7.20 6.70
New factory orders, (bil. $) Jan 533.92 r586.33 540.32 –1.18 No Activity for this Week Germany 4.50 4.50 3.00
F February Capacity Utilization 78.3% 78.5% Japan 1.475 1.475 1.475
Last Week Nondurable goods orders, (bil. $) Jan 281.46 r286.54 269.26 4.53
Other Indicators Switzerland 2.25 2.25 1.50
Trade February Industrial Production -0.10% -0.10%
Britain 5.25 5.25 4.00

73.6%
Citi Research Panic–Euphoria Reading Mar 8 0.33 0.33 –0.17 ….
Merchandise trade balance (bil $) Jan –91.60 r–88,646 –90.17 1.59 a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h- March Michigan Sentiment - p 77.8 76.9
benchmark revision, 2016 equals 100. r-Revised. Other Money Rates
Unless otherwise indicated, times are Eastern. a-Advanced; Fannie Mae Home Loan:
2 Weeks ago f-Final; p-Preliminary; r-Revised Source: FactSet 30-Year Fixed Conv 6.30 6.45 6.21
For more information about coming economic reports Bank money market-z 0.60 0.59 0.31

American Debt and Deficits Adjustable Mortgage Rates

73.9%
- and what they mean - go to Barron’s free Economic Interest Checking-z 0.09 0.10 0.06
Calendar at www.barrons.com 6-Month Certif-z 1.82 1.80 1.04
Latest
Report
Preceding
Report
Year Ago Yr over Yr
Report % Chg Mar 8 Mar 1 Yr. Ago YOY % Chg Conference Call Calendar Earnings- 12-Month Certif-z
30 Month Accounts-z
1.96
1.51
1.93
1.51
1.57
1.18
3 Weeks ago 1 Year Treas Bills 5.00 4.99 5.04 -0.79 5-Year Certificates-z 1.45 1.41 1.19
Federal Budget Deficit (bil. $)-a 1,521FY'26 1,671FY'25 1,846FY'24 …. Related
Budget Surplus/Deficit (bil. $)-b, January –21.93 r-129.35 –38.78 -43.45 2 Year Treas Notes 4.64 4.65 4.85 -4.33 Company Date Time Period
Current Market Exposure: Trade Deficit (bil. $, sa)-c, January –67.43 r-64.17 –70.30 -4.08 3 Year Treas Notes 4.43 4.44 4.57 -3.06 U.S. Savings EE Bonds:
100% Equities, 0% Bonds, 0% Treasury Gross Public Debt. (bil. $)-d 34,325.3 34,382.1 31,459.0 9.11 5 Year Treas Notes 4.26 4.29 4.24 0.47 Adobe March 14 5:00PM Q1
Cash Treasury Statutory Debt Limit (bil. $)-d * 31,381.5 …. …. Long-Term (5yrs+) 2.70 2.70 2.10
Consumer Installment Debt (bil. $)-e, January 5,039.2 r5,019.7 4,805.3 4.87 10 Year Treas Notes 4.26 4.30 3.98 7.04 Lennar March 14 11:00AM Q1
Source: Delta Investment 20 Year Treas Bds 4.52 4.56 4.15 8.92
Management Oracle March 11 5:00PM Q3 c-Annualized yields, adjusted for constant maturity, reported by the Federal
Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. FHFA PMMS+ Feb 6.94 6.94 6.32 9.81 Ulta Beauty March 14 4:30PM Q4 Reserve on a weekly average basis. Sources: Tullett Prebon information, Ltd.
www.deltaim.com, (415) Report, d-Daily Treasury Statement, e-Monthly Federal Reserve Release. *Statutory debt limit temporarily Factset. z-Bankrate.com.
249-6337 suspended through January 1, 2025. Fed annualized yields adjusted for constant maturity. Source: CCBN, www.ccbn.com
52 BARRON’S March 11, 2024

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Marcus Corp .07

Week’s McDonald's 1.67

Barron’s Gold Mining Index

12-Month
High Low 3/7 2/29
Year
Ago
Week %
Chg.
Weekly Bond Statistics Dividend Payment Boosts Dividend
Molson Coors A
Molson Coors B
Moody's
NACCO Industries Cl A .218
.44
.44
.85
New Offerings, (mil $) (v) Last Week Prev. Week Yr Ago Adjusted % Record Ex-Div Payment National Bank Holdings .27
974.71 744.74 Gold mining 812.82 751.77 826.38 +8.12
Corporate (z) 40,556 r54,371 30,955
Company Name-Ticker Symbol (Exchange) Yield Period To From Increase Date Date Date
Payment National Presto Inds
Nelnet A
1.00
.28
Municipal (z) 8,561 r8,888 12,924 American Express-AXP (NYSE) 1.3 Q .70 .60 16.7 4-05 4-04 5-10 NextEra Energy .515
This list includes payouts on Nicolet Bankshares .25
Capital City Bank Group-CCBG (Nasdaq) 2.9 Q .21 .20 5.0 3-11 3-08 3-25 common stocks. Olin Corp .20
Best Grade Bonds-y
Gold & Silver Prices (Barron's index of 10 high-grade corporate bonds.)
Frontline-FRO (NYSE)
General Dynamics-GD (NYSE)
9.3
2.1
Q
Q
.37
1.42
.30
1.32
23.3
7.6
3-15
4-12
3-14
4-11
3-27
5-10
NYSE Pan American Silver
PHINIA
.10
.25
3.90 3.92 5.02 Monday (March 11) Piper Sandler .60
Handy & Harman 3/8 3/1 Year Ago Global Indemnity-GBLI (NYSE) 4.7 Q .35 .25 40.0 3-21 3-20 3-28 Piper Sandler 1.00
Atmos Energy .805
Gold, troy ounce 2171.20 2049.80 1861.25 Interm-Grade Bonds-y Global Industrial-GIC (NYSE) 2.2 Q .25 .20 25.0 3-11 3-08 3-18 Bank of Butterfield .44 Polaris .66
Silver, troy ounce 24.35 23.11 20.43 Chevron 1.63 Robert Half .53
Horace Mann Educators-HMN (NYSE) 3.9 Q .34 .33 3.0 3-15 3-14 3-29 Ryder System .71
(Barron's index of 10 medium-grade corporate bonds.) CVR Energy .50
Base for pricing gold and silver contents of shipments and for making Ituran Location & Ctrl-ITRN (Nasdaq) 3.5 Q .39 .24 62.5 3-20 3-19 4-03 CVR Partners 1.68 Stepan Co .375
4.88 4.95 5.25 Stifel Financial .42
refining settlement. Emerson Electric .525
Kadant-KAI (NYSE) 0.4 Q .32 .29 10.3 4-10 4-09 5-08 Teekay Tankers .25
Confidence Index ExxonMobil .95
Miller Industries-MLR (NYSE) 1.5 Q .19 .18 5.6 3-18 3-15 3-25 LyondellBasell Inds 1.25 Teleflex .34
Coins Price Premium $ Premium % Marathon Oil .11 Tennant Co .28
(High-grade index divided by intermediate-grade index; decline in Natural Resource Ptrs-NRP (NYSE) 3.2 Q 2.44 .75 225.3 3-19 3-18 3-26 Texas Pacific Land 3.50
Krugerrand 2265.90 87.15 4.00 Marathon Petroleum .825
latter vs. former generally indicates rising confidence, pointing to Old Republic Intl-ORI (NYSE) 3.7 Q .265 .245 8.2 3-11 3-08 3-21 Marine Products .14 Textainer Group Holdings .30
Maple Leaf 2287.69 108.94 5.00 higher stocks.) Triple Flag Prec Metals .052
Mexican Peso 2634.92 8.00 0.30 Rogers Communications B-RCI (NYSE) 3.4 Q .370989 .367607 0.9 3-11 3-08 4-03 Masco Corp .29
79.9 79.3 95.6 Rockwell Automation 1.25 Universal Health Cl B .20
Austria Crown 2138.61 3.00 0.14 Ross Stores-ROST (Nasdaq) 1.0 Q .3675 .335 9.7 3-15 3-14 3-29 Universal Insurance .16
Austria Phil 2287.69 108.94 5.00 Rollins Inc .15
Other Confidence Indicators: RPC .04 Walker & Dunlop .65
U.S. Eagles 2287.69 108.94 5.00 SandRidge Energy-SD (NYSE) 3.0 Q .11 .10 10.0 3-15 3-14 3-29 Watts Water Tech .36
Snap-On 1.86
Premium is the amount over the value of the gold content in the coin.
Bloomberg Barclays US Long Treasury*
SpartanNash-SPTN (Nasdaq) 4.3 Q .2175 .215 1.2 3-14 3-13 3-28 Whirlpool 1.75
Source Manfra, Tordella & Brookes, Inc. Bullion spot gold price 2178.75 Tuesday (March 12) WK Kellogg .16
Sprott Focus Trust-FUND (Nasdaq) 6.4 Q .1286 .127 1.3 3-14 3-13 3-28
(This index measures the performance of fixed-rate, nominal US 3M 1.51 Saturday (March 16, 17)
Sun Communities-SUI (NYSE) 2.8 Q .94 .93 1.1 3-29 3-27 4-15 Diana Shipping .075
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.) NONE
Tecnoglass-TGLS (NYSE) 1.0 Q .11 .09 22.2 3-29 3-27 4-30 Hyatt Hotels .15
Gold Performance Bloomberg Barclays US Credit
3170.99 3125.40 3323.63
TELUS Corp.-TU (NYSE) 6.3 Q .279058 .27688 0.8 3-11 3-08 4-01
Live Oak Bancshares
PPG Industries
.03
.65 Week’s
Vermilion Energy-VET (NYSE) 2.3 Q .0888 .074088 19.9 3-28 3-27 4-15 Primerica .75
Gold Record: Hedging an uncertain world,
gold spiked 5.9% to a record $2,171 an ounce. (This index includes all publicly issued, fixed-rate, non-convertible,
investment-grade, dollar-denominated, SEC-registered corporate
Waste Management-WM (NYSE) 1.4 Q .75 .70 7.1 3-15 3-14 3-28
Quad/Graphics
Radian Group
.05
.245 Dividend
Wesco International-WCC (NYSE) 0.9 Q .4125 .375 10.0 3-15 3-14 3-29 S & P Global .91
25
debt.)
3045.30 3010.78 2841.11 Wyndham Hotels & Resorts-WH (NYSE) 2.0 Q .38 .35 8.6 3-15 3-14 3-29
Spectrum Brands Hldings .42
Wednesday (March 13)
Payment
This list includes payouts on

20
Ryan Labs Treasury Index

(Index of total return from active Treasury notes and bonds. Dec.
Dividend Payment Reductions Adjusted % Record Ex-Div Payment
Century Communities
Crane
Crane NXT
.26
.205
.16
common stocks.
NASDAQ
Monday (March 11)
31, 1996=100.) Employers Holdings .28
Handy & Harman Gold Price Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date Fortune Brands Innovtion .24 Cathay General Bancorp .34
274.35 271.61 264.96 Columbia Banking System .36
15 Genco Shipping & Trading .41
B. Riley Financial-RILY (Nasdaq) 15.3 Q .50 1.00 -50.0 % 3-11 3-08 3-22 Kinsale Capital Group .15 Perella Weinberg Ptrs .07
Bond Buyer 20 Bond Index Torm-TRMD (Nasdaq) 17.5 Q 1.36 1.46 -6.8 % 4-16 4-15 4-24 Matador Resources .20 Ryanair Holdings ADR .965
Northrop Grumman 1.87 Ryanair Holdings ADR .927
(Index of yields of 20 general obligation municipal bonds.) VersaBank-VBNK (Nasdaq) 0.7 Q .0184 .018721 -1.7 % 4-05 4-04 4-30
10 Peabody Energy .075 Tuesday (March 12)
3.52 3.54 3.73 Select Medical Holdings .125
Bond Buyer Municipal Bond Index Stock Splits/Dividends Special Dividends Record Ex-Div Pay
US Steel
Waste Connections
.05
.285
CDW Corp.
Diamondback Energy
.62
2.18
Diamondback Energy .90
5 Record Ex-Div Pay Company Name-Ticker Symbol (Exchange) Amount Date Date Date WR Berkley .11
J-Long Group .19
(Index of 40 actively-traded tax-exempt bonds; component issues Company Name-Ticker Symbol (Exchange) Amount Date Date Date
are changed regularly to keep the index a current picture of the Berry -BRY (Nasdaq) 0.14 3-15 3-14 3-25 Thursday (March 14) Skyworks Solutions .68
market. Source: The Bond Buyer NONE J-Long -JL (Nasdaq) 0.19 3-11 3-08 3-12 AllianceBernstein .77 Tractor Supply 1.10
0 Armstrong Wrld Ind .28 Walgreens Boots Alliance .25
4.34 4.37 4.68 Saga Communications Cl A-SGA (Nasdaq) 0.60 3-18 3-15 4-05
Kforce .38 Bank of Hawaii .70 Wednesday (March 13)
BrightSphere Invt Group .01 Service Corp Intl .30 Cactus Cl A .12
-5
Stock/Bond Yield Gap-s

(Difference between yield on highest-grade corporate bonds and

MarketWise
Marten Transport
MGP Ingredients
.01
.06
.12
Week’s Ex- Broadridge Finl Solutions .80
Cadence Bank
Canadian Natural Rscs
.25
.774
SFL
Sitio Royalties
Sonic Automotive Cl A
.26
.51
.30
CenterPoint Energy
Cohen & Steers
.20
.59
ARK Restaurants
Enact Holdings
.188
.16
Danaos .80 Gen Digital .125
Barron's Gold Mining Index (812.82)
yield on stocks on the DJIA.)
2.05 -2.09 -2.83
New Fortress Energy
NorthWestern Energy Group
.10
Dividend Cenovus Energy
Chesapeake Utilities
.103
.59
Stewart Info Svcs
Sturm Ruger
.475
.23
Energizer Holdings
General Motors
.30
.12
Kelly Services Cl A
Kelly Services Cl B
.075
.075
-10 .65 Chubb .86 Teck Resources Cl B .093 Mercantile Bank .35
A M J J A S O N D J F
Yield on DJ Equal Weight US Corp Bond Idx: Pactiv Evergreen
Paramount Global Cl A
.10
.05
Dates Civitas Resources
Civitas Resources
.50
.95
Telephone & Data Sys
Textron
.19
.02
Kronos Worldwide
Mach Natural Resources
Marriott Vacations
.19
.95
.76
Powell Industries
Thursday (March 14)
.265

Corp Bonds, (y) 5.36 5.49 5.62 Paramount Global Cl B .05 Coca-Cola .485 Thermo Fisher Scientific .39 MetLife .52
This list includes payouts on Comerica .71 UGI .375 Applied Materials .32
Phillips Edison .097 common stocks. Organon .28
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. z- Community Bank Sys .45 Vestis .035 PBF Energy .25 Cognex .075
Source: LSEG.*Barclays T-Bond Index discontinued by firm. QCR Holdings .06 CONMED .20 Vipshop Holdings ADR .41 Interactive Brokers .10
RCI Hospitality Holdings .06 NYSE PermRock Royalty Trust .035
Corebridge Financial .23 Vitesse Energy .50 Pitney Bowes .05 LianBio ADR 4.80
Red Rock Resorts Cl A .25 Tuesday (March 12) Crescent Energy .12 Walmart .207 Microsoft .75
Prudential Financial 1.30
Republic Bancorp KY Cl A .407 Ameren Corp .67 Crescent Point Energy .085 Waste Management .75 Regional Management .30 Resources Connection .14
Seacoast Banking of FL .18 CRH .35 Wesco International .412 T-Mobile US .65
Federal Reserve Data Bank Week’s Ex- Simmons First Natl Cl A .21
Spok Holdings .312
Ardagh Metal Packaging
Brookfield
Brookfield Reinsurance
.10
.08
.08
Devon Energy
Devon Energy
.22
.22
West Fraser Timber
Western Union
.30
.235
ResMed
Shutterstock
Vector Group
.48
.30
.20
Friday (March 15)
Domino's Pizza 1.51 Wyndham Hotels & Resorts .38 Analog Devices .92
Summit Financial .22 Brookfield Reinsurance A1 .08 Westlake .50
One week ended Feb 29:

Member Bank Latest Prev. Week Year Ago

Dividend T. Rowe Price Group
United Community Banks .23
1.24 Centerra Gold
Eagle Bulk Shipping
.052
.60
Eagle Materials
Eastman Chemical
.25
.81 Friday (March 15) Friday (March 15)
Bruker Corp
Cass Info Systems
Cintas
.05
.30
1.35
Enerflex .018 Endeavor Group Holdings .06 Douglas Dynamics .295 Advanced Drainge Systms .14
Reserve Chgs. (Mil. $) Week Change Change
Dates Unity Bancorp
Universal Display
.13
.40 Essent Group
Excelerate Energy
.28
.025
EnerSys
F & G Annuities & Life
.225
.21
DT Midstream
DTE Energy
.735
1.02
AGCO
Agnico-Eagle Mines
.29
.40
Climb Global Solutions
CNB Financial PA
CSX
.17
.175
.12
U.S. Gov't securities: Utah Medical Products .30 Fed Agric Mtg Cl A 1.40 Greif A .52 Allison Transmission .25
This list includes payouts on Gildan Activewear .205 Eastern Bankshares .11
Verisk Analytics .39 HP .276 Fed Agric Mtg Cl C 1.40 Greif Cl B .78 Arch Resources .25
Bought outright 7,073 -6,960 -901,153 common stocks. Eastern Co .11
Xcel Energy .548 Mercury General .317 Federal Signal .12 Stellar Bancorp .13 Arch Resources 1.40
Ferguson .79 Embecta .15
Federal agency secur: NASDAQ Friday (March 15) New Jersey Resources .42 Saturday (March 16) Ardmore Shipping .21 Exelon .38
Orion .021 Fidelis Insurance Hldgs .10 Ashland .385
Bought outright 2,347 .... .... Tuesday (March 12) Fidelity National Finl .48 NONE First Citizens Bcshs A 1.64
Chemung Financial .31 Permian Resources .05 Associated Banc .22 First Finl Bancorp OH .23
Golden Entertainment .25 Permian Resources .10 First Horizon .15 Atkore .32
Golden Ocean Group .30 Frontline .37 Sunday (March 17) First Merchants .34
Reserve bank credit: Hooker Furnishings .23 Ryan Specialty Holdings .23 Avista .475
Lam Research 2.00 Garmin .73 NONE GCM Grosvenor Cl A .11
Primary Credit 2,201 -178 -2,418 News Corp Cl A Huntington Bancshares .155 Ryan Specialty Holdings .11 Ball Corp .20 H & E Equipment Services .275
.10 Global Payments .25 Barrick Gold .10
Investors Title .46 Vale ADR .552 Monday (March 18) Hancock Whitney .30
Secondary Credit .... .... .... News Corp Cl B .10 Gold Field ADR .219 Berry Global Group .275
LianBio ADR 4.80 Wednesday (March 13) Amphenol Cl A .22 Haynes Intl .22
Seasonal Credit .... .... .... Texas Roadhouse .61 Graphic Packaging .10 Boise Cascade .20 Honeywell International 1.08
Stock Yards Bancorp .30 Aaron's .125 Gray Television .08 Avient .257 Bread Financial .21
Float -339 -86 +15 Wednesday (March 13) Gray Television Cl A .08 Ecolab .57 Mesa Laboratories .16
Saturday (March 16) ADT .055 Brunswick .42 MGE Energy .428
Other F.R. Assets 34,449 +593 +1,798 Global Water Resources .025 Alamos Gold .025 Haleon ADR .106 ENI ADR .519 Central Pacific Finl .26
NONE Hanover Insurance Grp .85 Everest Group 1.75 MidWestOne Fincl Group .243
Total Fed Credit # 7,539,667 -7,860 -792,723 LeMaitre Vascular .16 American Intl Group .36 Chemed .40 Monarch Casino & Resort .30
Linde 1.39 Belden .05 HCA Healthcare .66 Kaman .20 Chemours .25
Gold stock 11,041 .... .... Sunday (March 17) Hewlett Packard Ent .13 Taiwan Semiconductr ADR .541 Navient Corp. .16
LKQ .30 Camping World Cl A .125 Clearway Energy Cl A .403 NBT Bancorp .32
SDR Certif. Accounts 5,200 .... .... NONE Coterra Energy .21 Hillenbrand .222 TechnipFMC .631 Clearway Energy Cl C .403
Methanex .185 Horace Mann Educators .34 Newell Brands .07
Treas. Curr. Outst. 52,728 +14 +626 Nasdaq .22 Crown Holdings .25 Consolidated Edison .83 Northrim Bancorp .61
Monday (March 18) First Majestic Silver .005 Huntsman .25 Copa Holdings Cl A 1.61
Total 7,626,687 -7,793 -792,346 NetEase ADR 1.08 Installed Bldg Products .35 Old National Bancorp .14
Cincinnati Financial .81 Franco-Nevada .36 Corteva .16 Olympic Steel .15
Currency in circ 2,330,600 +967 +27,948 Pool 1.10 ICL Group .048 Installed Bldg Products 1.60 Cullen/Frost Bankers .92
J & J Snack Foods .735 Patterson-UTI Energy .08
Treas. Cash Hldgs
Treas. Fed Deposits
468
785,821
+28
+356
+363
+404,576
Popular Inc.
Valley National Bancorp
.62
.11
Week’s Ex-
International Seaways
International Seaways
.12
1.20
Insteel Industries
Intercontinental Exchange .45
KBR Inc
.03

.15
Week’s Dover Corp
DuPont de Nemours
Element Solutions
.51
.38
.08
PC Connection
Peoples Bancorp of NC
.10
.19
NOV .05
Foreign Fed Deposits
Other Fed Deposits
9,689
162,457 +4,700
.... +252
-24,758
Thursday (March 14)
Atrion 2.20
Dividend
PROG Holdings
Salesforce
.12
.40
Leggett & Platt
Leidos Holdings
Macy's
.46
.38
.174
Dividend Equifax
Estee Lauder Cl A
.39
.66
Peoples Fincl Svcs
Perdoceo Education
Premier Inc.
.41
.11
.21
Barrett Business Svcs .30 Silgan Holdings .19 Evertec .05
Other FR liab/cap
Total factors
-103,232
4,059,135
-6,183
-9,346
-113,685
-1,361,595 C & F Financial
Cogent Communications .965
.44
Dates
Vishay Intertechnology
Worthington Steel
.10
.16
Merck
Meritage Homes
.77
.75 Payment First American Financial .53
Flowers Foods .23
Progress Software
Ramaco Resources Cl B
Royalty Pharma
.175
.242
.21
Reserves F.R. banks 3,567,552 +1,553 +569,249 Motorola Solutions .98 FNB Corp .12
CSG Systems International.30 Thursday (March 14) Mueller Industries .20 This list includes payouts on Gallagher .60 Safety Insurance Group .90
Fgn hold U.S. debt 3,353,525 -14,723 +593 Enterprise Finl Services .25 This list includes payouts on common stocks. Scholastic .20
common stocks. ACCO Brands .075 Myers Industries .135 Granite Ridge Resources .11
ESSA Bancorp .15 NewMarket 2.50 Group 1 Automotive .47 Silvercrest Asset Mgmt A .19
NYSE American Air Lease .21 NYSE American SLM Corp .11
Financial Institutions .30 Albany International .26 Ovintiv .30 Hamilton Beach Brands .11
Reserve Aggr (Mil. $) Latest Prev. Month % Year First Fincl Bankshares .18 Tuesday (March 12, 13) Packaging Corp Amer 1.25 Monday (March 11,12,13,14) HCI Group .40 SS & C Technologies .24
Albemarle .40 StepStone Group .21
Month Ended Jan: Month Month Chg. Ago First Finl Northwest .13 NONE Allegion .48 Pembina Pipeline .494 Hershey 1.37
NONE Teradyne .12
Gilead Sciences .77 AngloGold Ashanti .19 Prosperity Bancshares .56 Houlihan Lokey Cl A .55
Total Reserves: 3,507,000 3,492,000 0.43 3,029,900 Thursday (March 14) PulteGroup .20 Friday (March 15) Hubbell 1.22 Tradeweb Markets .10
Hamilton Lane Cl A .445 Ares Management .93 Trustmark .23
Nonborrowed Res 3,346,900 3,358,500 -0.35 3,014,200 Hawthorn Bancshares .17 Evolution Petroleum .12 Banc of California .10 Quanex Building Products .08 Bar Harbor Bankshares .28 Hyster-Yale Materials .325
Network-1 Technologies .05 Baytex Energy Range Resources .08 International Paper .463 U.S. Lime & Minerals .25
Borrowed Reserves 160,073 133,490 19.91 15,719 Inter Parfums .75 .017 UFP Industries .33
Friday (March 15, 16, 17, 18) BCE Inc .741 Ranger Energy Svcs Cl A .05 Saturday (March 16, 17) Interpublic Grp .33
Monetary Base 5,843,700 5,827,400 0.28 5,329,000 Iridium Communications .13 RenaissanceRe Hldgs .39 KeyCorp .205 Virtu Financial .24
Jack in the Box .44 Boyd Gaming .17 NONE Wendy's Co .25
NONE Renasant .22 La-Z-Boy .20
March 11, 2024 BARRON’S 53

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Cooper KLA ShattuckLabs BrenmillerEner KingsoftCloud TizianaLife Buenaventura GlobalIndl MotorolaSol Spotify Viad iHuman

Week’s Copart
CorbusPharm
Costco
KrystalBiotech
KuraOncology
LamarAdv
ShoeCarnival
SilenceTherap
SkyWest
BriaCellTherap
Bumble
ByndCannasoft
KLX Energy
Koss
Largo
TopFinancial
TritiumDCFC
TROOPS
BuildersFirst
BurlingtonStrs
CACI Intl
GlobalPtrs
GoldmanSachs
Graco
MuellerIndustries
MurphyUSA
MyersIndustries
StandexIntl
Stellantis
Stryker
VirtusInvtPtrs
VistaEnergy
Vistra
IndependenceContr
Instructure
KE Holdings

New Highs Couchbase

CoyaTherap
LamResearch
LandosBio
SLM
Smith&Wesson
C3is
Canoo
Lazydays
Leafly
TruBridge
TruGolf
CAVA
CBIZ
Graham
Grainger
NGL Energy
NRG Energy
SumitomoMits
SummitMaterials
Vontier
VulcanMatls
KosmosEnergy
LG Display

and Lows
CRA Intl LanternPharma SolidBiosci CanopyGrowth LibertyBroadbandA TTEC CGI A GraniteConstr NVR SunLifeFinancial WEX LL Flooring
CrineticsPharm LendingTree Solowin CarParts.com LibertyBroadbandC U Power CRH Greenbrier NaturalGasSvcs SunlandsTech Wabtec LSB Inds
CrowdStrike Lensar SophiaGenetics CenturyCasinos Lightbridge uniQure Cabot Grindr NewOrientalEduc Sunoco Walmart LightInTheBox
CSW Industrials LeonardoDRS SovosBrands Cerence LipellaPharm UrbanOne D Cadre Guess NewMarket SunstoneHotel Waters LionElectric
NYSE
CytomXTherap LexariaBioscience SparkIAcqnA CH Robinson LivePerson UrbanOneA Caleres Guidewire NomadFoods Suzano WellsFargo MP Materials

590 78
DailyJournal LianBio Splunk CharterComms LotusTech Valneva CIBC HCA Healthcare Nomura Sweetgreen WesternUnion Magnachip
DataStorage LibertyLiveA SpokHoldings ChijetMotor LucasGC Vaxxinity CanadianNatRscs HCI Group NovoNordisk SynchronyFinl WestRock ManchesterUnited
Dave LibertyLiveC SpringValleyII A ChinaJoJoDrug LuminarTech VenusConcept CdnPacKC HamiltonBeach NuHoldings TFI Intl Weyerhaeuser Medifast
New Highs New Lows Dave&Buster's Light&Wonder SpringWorks ChinaLiberalEduc LytusTech VividSeats CardinalHealth Hanesbrands NuSTAREnergy TaiwanSemi MetaData
Williams-Sonoma
DescartesSystems Limbach SproutsFarmers CISO Global Mangoceuticals voxeljet CareTrustREIT HarmonyGold NuvationBio Tanger WisdomTree MethodeElec
Nasdaq DHC Acqn A Linde SpruceBio CitizensFinlSvc MaxeonSolar Vuzix HartfordFinl TargaResources Moatable
Carlisle nVentElectric WooriFinl
DirectDigital LucasGC SpyreTherapeutics CleanEnerFuels Medigus WarnerBrosA CarrierGlobal HercHoldings ONEOK Target XPO NACCO Inds

663 288
New Highs New Lows
DiscMedicine
DoorDash
DoubleDown
Macom Tech
Macrogenics
Mama'sCreations
StarBulkCarriers
SterlingInfr
SummitTherap
CN Energy
Collplant
CommScope
MEI Pharma
MeihuaIntlMed
MetaMaterials
WhereFoodComes
WillametteValley
WiSA Tech
Carvana
Caterpillar
Celestica
HessMidstream
HewlettPackard
Hilton
Oil-Dri
OntoInnovation
OrionGroup
TaylorMorrison
TempurSealy
Tenaris
XeniaHotels
Xylem
YPF
NCR Voyix
NIO
Nevro
DXP Ents ManhattanAssoc SuperMicroComp CompoSecure Microvast Worksport CementosPacasm HimalayaShipping Orix TencentMusic YirenDigital NY CmntyBcp
NYSE American EastWestBncp MarvellTech Swvl Concentrix MobileGlbEsports XBPEurope Cencora Hims&HersHealth Oshkosh TenetHealthcare NoahHoldings
eBay MatrixService T-MobileUS ConsensusCloud MobixLabs HowmetAerospace TevaPharm NEW LOWS OilStatesIntl
XcelEnergy CharlesRiverLabs OtisWorldwide

30 22 EnlivexTherap MediWound Talkspace CPS Tech MolecularTemp Zhongchao Chemed Hubbell Owens&Minor Textron AMTD Digital Ooma
EnsignGroup Medpace TaylorDevices Cricut Momentus Chipotle HudbayMinerals PVH ThermoFisher ARC Document OrionOffice
Entegris MetaPlatforms TetraTech CrownElectrokin MonogramOrtho NYSE HuntingIngalls Albemarle
New Highs New Lows Church&Dwight PackagingCpAm Tidewater Pfizer
EnteraBio MicronTech TLGY Acqn A CureVac MontaukRenew HyattHotels TollBros Ameresco PropertyGuru
NEW HIGHS Ciena PalantirTech
Only includes COMMON and REIT stocks Equinix MicroStrategy TourmalineBio DawsonGeophys Movella ICICI Bank TopBuild AmplifyEnergy Prudential
AcresCmclRlty Cigna ParkHotels
ErieIndemnity Middleby TPG DermTech MullenAuto Citigroup IDT ParkerHannifin ToyotaMotor AmpriusTech ReadyCapital
ASE Tech
NYSE American AmerPubEduc ESH Acqn A MindMed TrailblazerI A DHC Acqn A MultiMetaVerse Civeo IQVIA Parsons TraneTech BCE RubiconTech
ASGN
AmkorTech Evolus MKS Instrum Trimble DigitalTurbine NauticusRobot CleanHarbors ITT Paymentus TriconRes BostonBeer SOS
ATI
NEW HIGHS Fastenal MonolithicPower TRxADEHEALTH DIH US NeoVolta IDEX TristarAcqnI BridgeInvt SequansComms
ApogeeTherap AZEK Cleveland-Cliffs Pearson
AlphaProTech ApplMaterials FateTherap MontereyCapA TwinDisc DonegalGroup A Next.e.GO InFinTAcqnA Tronox Cazoo Sibanye-Stillwater
AbbottLabs Coherent PegasusDigA
BiomX AppLovin FifthThirdBncp Morningstar UFP Tech DuluthHoldings NKGenBiotech Ingredion TurningPoint ChoiceHotels Skillsoft
AbbVie ColgatePalm PembinaPipeline
CompX Intl Aptorum FirstCitizBcshA MorphoSys Uniti E-HomeHousehold NutexHealth Innovid TutorPerini Endava SoloBrands
Abercrombie&Fitch ComfortSystems Pentair
Electromed APxAcqnI A FirstWatchRest MountainI A UnivLogistics ECARX NuvPfd&Incm InstalledBldg USA Compression Energizer StandardMotor
Accenture CompassDiversif PerformanceFood
flyExclusive AquestiveTherap Fitell Natera UnvlStainless Edgio NuZee IntegerHoldings US Foods Entravision Stem
AcuityBrands Core&Main Phillips66
GalianoGold ArcBest Flex NeoGames US Lime&Min EdibleGarden NY Mortgage ICE Uber Eventbrite SunnovaEnergy
AdvDrainageSys Crane PiperSandler
IdahoStratRscs Arcellx Flexsteel Netflix VaronisSystems EdocAcqnA OcuphirePharma IBM UnitedRentals Everi TeladocHealth
AerCap Credicorp PrestigeCnsHlth
ImperialOil Arhaus FormFactor NeumoraTherap ViantTech EnsysceBio OfficePropIncm IronMountain UniversalHealthB Fisker Traeger
AgilentTechs Cummins PrimoWater
Intellinetics ASML FosterLB Neurogene VictoryCapital EstrellaImmuno Ohmyhome JPMorganChase VTEX FlotekIndustries Tredegar
Alcon Curtiss-Wright PrimorisSvcs
JawsMustangA AstranaHealth FTAI Infra Neuronetics Vimeo EvaxionBiotech Omnicell Jabil Valvoline GlblBusTravel TreeHouseFoods
AllisonTransm DNOW ProcoreTech
PerspectiveTherap AudioEye FulcrumTherap NexGel VincerxPharma Evotec OMNIQ JacksonFinl VeevaSystems GreatAjax Unifi
AmerSports DT Midstream Progressive
RydeGroup AxonEnterprise GarrettMotion NextCure VinciPartners Expion360 ONE GroupHosp JacobsSolns Veralto Humana UnitedNatFoods
AmerEagle Danaher PrudentialFinl
Silynxcom Backblaze GE HealthCare Nkarta VitalFarms Fanhua Ontrak JamesHardie Vertiv IHS Holding W&T Offshore
AmerExpress Darden PublicServiceEnt
SkyHarbour Balchem Gentex Nova Vivakor FaradayFuture OxbridgeRe JanusHenderson
AmericanFin DaVita PulteGroup
10XCapIII A BetterwaredeMexico GigaCloudTech NurixTherap VSE Farmmi PacBiosciCA JefferiesFinl
DeckersOutdoor PureStorage
Distributions & Offerings
AIG
BeyondSpring GlblBlockchain Nutanix WaveLifeSci FLJ PalisadeBio JumiaTech
NEW LOWS Ameriprise DeutscheBank PyrophyteAcqn
BGC GlbPtrII A NuvPfd&Incm WeatherfordIntl ForresterRes ParamountB KB Financial
Ametek Dick's Q2
AIM Immuno bioAffinityTech GoldenOcean NVIDIA WesternDigital ForwardAir PathfinderBncp KB Home
Amphenol DigitalRealty QuanexBldg Secondary Distributions of common stocks
AmpioPharm Bioventus GoldenStarAcqn NXP Semicon Willdan Fossil PennsWoodsBncp KinsaleCapital
Amrep Disney QuantaServices ADT 65,000,000 $6.50 $422,500,000
CaledoniaMining BitFuFu GpoFinGalicia OakWoodsAcqnA Wingstop FoxA PerionNetwork Kirby
AnteroMidstream Donaldson REV Akero Therapeutics 12,650,000 $29.00 $366,850,000
ChinaPharma BJsRestaurants GreenlightCapRe OcularTherapeutix Wix.com FoxB PetMedExpress KnifeRiver
APi Group DonnelleyFin RLJ Lodging Apogee Therapeutics 6,774,193 $62.00 $419,999,966
ChromocellTherap BlackLine GreenwichLife Okta Woodward FreightTech PhaxiamTherap KodiakGasSvcs
Aptargroup Dover RPM BridgeBio Pharma 8,620,690 $29.00 $250,000,010
DDC Enterprise Bloomin'Brands Groupon OldDomFreight XOMA FSD Pharma PineappleEner KornFerry
ArchResources Dow RadianGroup Clearwater Analytics Holdings 16,250,000 $17.00 $276,250,000
EmpirePetrol BlueBird GulfIslandFab OneStopSystems XtrkRreefGlbNat Gambling.com Playstudios Kroger
Argan DycomInds RaymondJames Crescent Energy Co 12,000,000 $10.50 $126,000,000
Flanigans BowenAcqn H&E Equipment OptexSystems Zenvia GEN Restaurant Playtika KukeMusic
ArtisanPtrsAsset elfBeauty Rayonier Delek Logistics Ptnrs LP 3,116,884 $38.50 $120,000,034
IndonesiaEnergy Broadcom HarpoonTherap OptimizeRx Genelux PrestigeWealth Kyndryl
NEW LOWS AssetMarkFin EMCOR RegalRexnord Hamilton Lane 1,922,322 $109.00 $209,533,098
IntegraResources BRP Group Heidrick&Strug OricPharm Genprex Pwr&Digital II A L3HarrisTech
23andMe Atkore EPAM Systems ReinsGrp IntApp 7,000,000 $36.50 $255,500,000
IssuerDirect Bruker Hibbett Paccar GigaMedia QT Imaging Leidos
HilleVax PassageBio A SPAC I A GlblMofyMetaverse QualigenTherap Autoliv ESAB Lennar A ResideoTech Landsea Homes 2,434,783 $11.60 $28,243,483
KelsoTech ByrnaTech
Honest PatrickIndustries A2Z SmartTech GlobalGas QuiptHomeMed AutoZone EagleBulkShip Lennar B RestaurantBrands Mind Medicine (MindMed) 16,666,667 $6.00 $100,000,002
PerfectMoment C4 Therap
HorizonSpaceI Pixelworks ActelisNtwks Gogoro QuoinPharm Avantor EagleMaterials LennoxIntl Rollins Napco Security Technologies 2,000,000 $40.75 $81,500,000
PlanetGreen CadenceDesign
HostHotels PlainsAllAmPipe Addentax Grifols RadiusRecycling AveryDennison Eaton LeviStrauss RossAcqnIIA Nayax Ltd 3,130,435 $26.00 $81,391,310
RydeGroup CanterburyPark
HuntingtonBcshs PlainsGP AerSale GuardantHealth RealGoodFood BBB Foods Ecolab LibertyEnergy RushStreetInt Paycor HCM 8,000,000 $20.15 $161,200,000
Scorpius CapStarFin
ICF Intl Pool AfricanAgriculture Gyrodyne RedwoodsAcqn BJ'sWholesale ElementSolns EliLilly RyanSpecialty Permian Resources 48,500,000 $15.76 $764,360,000
Seaboard CardiffOncology
Icon Porch Group AgileTherap HanoverBancorp RegencellBio BRF Embraer LloydsBanking SAP Planet 13 Holdings 18,750,000 $0.60 $11,250,000
SigningDaySports CARGOTherapeutics
IdealPower Potbelly Agriforce Hanryu RelianceGlobal BWX Tech EmersonElec Loews SFL RadNet 4,550,000 $44.00 $200,200,000
Southland Carlyle
IES Holdings PowellIndustries Agrify HCM Acqn A RenttheRunway Ball EncompassHealth Lowe's SLGreenRealty Regenxbio 6,087,000 $23.00 $140,000,848
TrioPetroleum CaseysGenStores
Immunome PraxisPrecision Akanda HealthcrTriangle ReToEcoSol BancoBBVA EnergyTransfer LyondellBasell SM Energy Revance Therapeutics 16,000,000 $6.25 $100,021,900
UnusualMachines CDW
CECO Env Immuron Puyi Alset Hempacco RevivaPharm BBVA EnovaIntl MDU Rscs SPX Tech Scorpius Holdings 10,000,000 $0.15 $1,500,000
Nasdaq Celcuity InceptionGrowth Qorvo AmylyxPharm HertzGlobal RichardsonElec Bladex EnterpriseProd MGIC Investment SafeBulkers Viper Energy 11,500,000 $35.00 $402,500,000
CelldexTherap InflectionPtIIA Qualcomm AN2 Therap HireQuest Sabre BancoSantander EquitransMdstm MPLX Samsara
NEW HIGHS Source: Dealogic LLC, New York City; (212) 577-4400.
CellebriteDI Innospec Quanterix AppliedDNA HudsonGlobal Safe&Green BankofAmerica EvercoreA MSA Safety ServiceIntl
1stdibs.com
A SPAC I A
CellectarBiosci
CelsiusHldg
Inotiv
Inter
QuickLogic
Radcom
AptevoTherap
AptoseBiosci
HuizeHolding
ICC
ServiceProperties
ShiftPixy
Barclays
BellRing
FairIsaac
FedAgriMtg C
Macy's
MarathonPetrol
ShakeShack
SharkNinja
Barron’s 50-Stock Average
AbeonaTherap InteractiveBrkrs RadNet AquaMetals InariMedical ShoalsTech BenchmarkElec Ferguson MartinMarietta SherwinWilliams This index is a weighted average of 50 leading issues. Useful in security
CenturyTherap valuation. Source: Barron's Stats
Abivax Ceragon Intuit RealBrokerage ArbeRobotics InfoSvcs Shyft BigBear.ai FidNatlInfo Masco ShinhanFin
Absci Biohaven FirstBanCorp Similarweb Mar 7 Feb 29 March Yr-to-Yr
ChefsWarehouse IntuitiveSurgical RealReal Arcimoto InspireVeterinary SiNtxTech MasoniteIntl 2024 2024 2023 % Chg
AcademySports CincinnatiFinl InvestcorpEur I A REGENXBIO ArtWayMfg IntegralAd SMX BlackRock Fiserv MasterBrand SimonProperty S&P 500 Index 5157.36 5096.27 3971.90 29.85
ACV Auctions CitiTrends Itron RelmadaTherap AscentSolar InteractStrength Spectaire BlockHR Floor&Decor McKesson SimpsonMfg Barron’s 50 Index 13284.65 13127.68 11088 19.81
Adaptimmune CleanEnerSpec JanOne ResearchSolutions AsiaPacificWire iSpecimen SRM Ent BlueLinx Flowserve MediaAlpha SiriusPoint Projected quarterly earn 125.74 127.20 159.75 –21.29
ADMA Biologics ClearsideBiomed JasperTherap ReservoirMedia AstraSpace IZEA StitchFix BoozAllen FlutterEnt MetLife SiteOneLandscape Annualized projected earn 502.96 508.81 639.00 –21.29
AdvMicroDevices Auddia BostonSci FortuneBrands SkylineChamp Annualized projected P/E 26.41 25.80 17.4 52.22
ClimbGlbl Kamada Robinhood Jeffs'Brands StoneBridgeA MillerIndustries
Five-year average earn 520.09 520.68 487.00 6.80
AerovateTherap Coca-ColaEuro KaratPkg Root AuroraCannabis Joann StryveFoods BrightHorizons GATX MineralsTechs SmithAO
Five-year average P/E 25.54 25.21 22.8 12.19
AeroVironment CodereOnline Kaspi.kz Saia AutonomixMed JohnsonOutdoors SunriseNewEner BrightView GSK MistrasGroup SmithDouglas Year-end earn 681.35 681.35 619.24 10.03
AetheriumAcqnA CoinbaseGlbl KellyServices A SarcosTech&Robotic Baidu KaixinAuto SunshineBio BrinkerIntl Garmin MitsubishiUFJ Snap-On Year-end P/E 19.50 19.27 17.9 8.89
Agric&NatSolnsA CollegiumPharm KellyServicesB Savara Beneficient Kaltura SuperCom BrookfieldAsset Gartner MizuhoFin SonidaSrLiving Year-end earns yield, % 5.13 5.19 5.6 –8.19
AI Transportation CommvaultSystems KernelA ScanSource Big5SportingGds KaziaTherap TargetHosp Brookfield GatesIndustrial ModineMfg SouthwestGas Best grade bond yields, % 3.90 3.92 4.51 –13.45
Airbnb Compugen KewauneeSci ScienceApplicat Biolase KearnyFinancial Thoughtworks BrookfieldReinsur GatosSilver MohawkInds SphereEnt Bond yields/stock ylds, % 0.76 0.76 0.81 –5.82
Actual year-end divs 265.90 265.22 241.41 10.15
AlpineImmune ConstellationEner Kforce Seagate BioNTech Kidpik ThredUp BrookfieldReinsA1 GeneralDynamics MoneyLion SpireGlobal
Actual yr-end divs yld, % 2.00 2.02 2.18 –8.10
Amazon.com ConstructionPtrs KiniksaPharm SEI Investments BioVie Kineta TigoEnergy Brown&Brown GeneralElec Moog A SpiritAeroSys
54 BARRON’S
O T H E R VO I C E S
Today’s market may better resemble the stock
market in 1996, when prices continued to rise for
years, than early 2000, when prices collapsed.
clear parallels to the internet revolution
and expect that a similar collapse is
likely. But this isn’t early 2000.
Valuations were considerably
higher at the start of 2000 than they
are today. The market CAPE was at 44
in 2000, 10 points higher than today.
And the most highly touted tech
stocks of the time had a triple-digit
P/E multiple based on the trailing
12-month earnings. The average P/E
of the Magnificent Seven today is 42.
Another way to illustrate the differ-
ences is to examine the classic exem-
plars of the two eras, Cisco Systems
and Nvidia. In January 2000, Cisco
sold at a triple-digit multiple of both
trailing earnings and expected results
for 2000. And yet Cisco, widely
known for producing “the backbone
of the internet,” lost over 90% of its
value when the bubble burst, despite
continuing moderate growth in reve-
nue over the next years.
Nvidia makes chips that are in high
demand for training AI models. The
Yes, Tech Stocks
company’s recent growth has been sim-
ply unprecedented. Earnings in 2023
grew by 769%. No large company even
came close to that growth during the
Really Can Keep
internet boom (Cisco was growing at
36%), and many stock market favorites
such as Amazon had no earnings at all.
AI has the promise to make enor-
Going Up
mous advances in productivity and
could be as important as the Industrial
Revolution. And if Nvidia grew its
earnings at the rate expected by secu-
rity analysts in 2024, it would be sell-
T
ing at only 33 times forward earnings.
No wonder its supporters consider it a
he U.S. stock mar- BY BURTON months of 2024. These results have led cheap stock. Nvidia today doesn’t re-
ket has been on fire. G. MALKIEL some stock market observers such as semble Cisco in January 2000.
The S&P 500 index The writer is the Jeremy Grantham and Jeffrey Gund- This isn’t to argue that the stock
rose 24% in 2023. author of A Ran- lach to declare that stocks are in a bub- market is exhibiting none of the “irra-
Gains continued dom Walk Down ble and overvalued, just as they were tional exuberance” that former Federal
this year, with the Wall Street, pub- at the height of the dot-com bubble at Reserve Chair Alan Greenspan as-
index rising almost lished in its 50th- the start of 2000. cribed to the internet bubble. Trees
7% through the end of February. anniversary edi- To be sure, valuations are extended. don’t grow to the skies, and future
A handful of stocks associated with tion last year. The cyclically adjusted price/earnings, competition may well encroach on
artificial intelligence made the overall or CAPE, ratio for the market stands at Nvidia’s leading position.
market returns seem tame. The Mag- 34, double its historical average of 17. Investments in transformative tech-
nificent Seven (Nvidia, Tesla, Apple, Current earnings multiples are over 23, nologies have often proved unreward-
Microsoft, Amazon.com, Meta Plat- well above the S&P 500 historical aver- ing for investors. Railroads in the
forms, and Alphabet) soared 111% in age of 16. Nvidia, the pacesetter for the 1850s greatly increased the efficiency
2023. The superior performance con- Magnificent Seven and the AI revolu- of communications and commerce. But
tinued this year, with Nvidia gaining tion, stands at 66 times its trailing 12- the accompanying speculative bubble
more than 50% during the first two month earnings. No wonder some see in railroad stocks collapsed in August
March 11, 2024
1857, creating punishing losses. Air-
lines and television manufacturers
transformed the economy, but most
early investors lost money. Investors
must understand that even real revolu-
tions can be dangerous.
It is also important to realize that
the extent and length of market bub-
bles can be ascertained only after the
fact. It was late 1996 when Greenspan
coined “irrational exuberance.” But
the bubble didn’t deflate until early
2000. Investors who kept putting
money in the market after Greenspan’s
warning earned generous returns.
There is no doubt that our stock mar-
ket exhibits many similarities to the
internet bubble. But today’s market
may better resemble the stock market
in 1996, when prices continued to rise
for years, than in early 2000, when
prices collapsed. And the AI revolu-
tion is only in the early innings.
So, what’s an investor to do? Valua-
tions are rich, and long-run equity
returns are likely to be lower than we
have recently experienced. But the
stock market remains the best vehicle
for growing wealth. And young peo-
ple, investing regularly to build a re-
tirement nest egg, can take advantage
of dollar-cost averaging. If there is a
market decline, they will be buying
more shares. And by investing in
broad-based low-cost index funds,
they will be investing in both the AI
revolution and the more modestly
priced stocks in the market.
But older investors should hedge
against the possibility of a sharp down-
draft of stock prices. Those investors
who have taken advantage of tax-
favored retirement plans and now have
substantial required minimum distri-
butions need to reduce their equity
exposure. I would advise that money
required for 2024 RMDs (or other in-
vestments you expect to convert into
cash for living expenses) be invested
in short-term Treasuries or federal
money-market funds. Similarly, 2025
Illustration by Timo Lenzen
and 2026 RMDs should be invested in
short-term Treasuries, where you will
be guaranteed a positive rate of return.
Investors should never dollar-cost av-
erage on the way out because it would
mean selling more of your nest egg if
markets decline. B
March 11, 2024
RETIREMENT
Key Considerations for
Long-Term Care Planning
BY ELIZABETH O’BRIEN
L
ong-term care is one of the big-
gest challenges in retirement
planning. The costs can be enor-
mous, the solutions limited, and
the discussions hard to stomach.
But an estimated 70% of older adults
will need some long-term care, and since
Medicare doesn’t cover it, it’s important
to consider how you might pay for it.
“Not planning for long-term care ex-
penses can be more detrimental to your
portfolio than any market downturn,”
says Alanna Morey, Ameriprise private
wealth advisor with Siena Wealth Advi-
sory Group in Naples, Fla.
Here are some considerations.
Take care of yourself. By some esti-
mates, up to 80% of the factors that in-
fluence aging are under your control.
Eating healthily, avoiding excessive
drinking, getting adequate sleep and ex-
ercise, and maintaining strong social con-
nections can go a long way toward
lengthening your health span—that is,
the amount of time you spend in good
health. That, in turn, can shorten the
duration of long-term care, or possibly
even prevent the need for it altogether.
“The longer we can stay home, the less
expensive it is,” says Larry Nisenson,
chief growth officer of Assured Allies, a
provider of evidence-based “successful
aging” products.
Assured Allies provides wellness pro-
grams for long-term care insurance carri-
ers. Certain policyholders can earn extra
money toward their future care by taking
preventive measures like getting regular
dental cleanings and getting their hearing
tested, with the overall goal of helping
people age in place for as long as they can.
Decide whether to buy insurance.
The main decision for preretirees is
whether to self-insure against long-term
care risk or to buy an insurance policy.
The vast majority choose the first, either
by default or because insurance policies
BARRON’S
can be pricey and rather limited.
Yet many advisors recommend their
clients at least consider long-term care
coverage. They generally consider the
best candidates to be those with
$500,000 to around $2 million of in-
vestible assets. Anything less, and you
will likely deplete your resources and go
on Medicaid for long-term care coverage
(rules vary by state, but you generally
have to impoverish yourself to qualify).
Anything more, and you can probably
afford to self-insure.
There are two main types of long-term
care coverage: traditional long-term care
insurance and life insurance policies with
a long-term care rider. Both usually limit
the duration and dollar amount of cover-
age. Keep in mind that the average care
need is around three years, and some
policyholders need care for much longer.
Premiums vary greatly. According
to an illustration last year by the Ameri-
can Association for Long-Term Care In-
surance, premiums for a policy bought
when both members of a couple were age
55 for a benefit pool of $165,000 each
with a 3% inflation rider ranged from
$5,018 to $14,695 a year.
Traditional insurance is “use it or lose
it,” whereas hybrid policies offer a death
benefit if care isn’t needed. Both types of
policies require medical underwriting to
qualify. If you choose to self-insure, many
advisors suggest making assumptions
about the care that will be needed, calcu-
lating how much that might cost in your
area, and setting that amount of money
aside in a high-yield savings account or
other safe vehicle.
Recent research suggests that many
couples worry about what happens after
one of them dies, and they try to preserve
their nest egg to pay for long-term care for
the surviving spouse. “They’re very well
insured when they’re together because of
informal care,” says Elena Capatina, se-
nior lecturer at Australian National Uni-
versity and one of the researchers. B
MAILBAG
General Electric
Is Powering Ahead
To the Editor:
Upon reading and contemplating Al Root’s
excellent assessment of GE’s potential
relative to upcoming spinoffs, I conclude
that his statement “the breakup plan is
working brilliantly” borders on under-
statement (“How Larry Culp Saved GE by
Breaking It Up,” Cover Story, March 1).
Moreover, the success should come as no
surprise. It turns out that Danaher’s long-
term chart under Culp’s tenure, when
both revenue and market cap increased
fivefold, had predictive value relative to
GE’s future and can now result in the fol-
lowing declaration: “I told you so!”
Rob Suthe
Bethesda, Md.
Garden Party Skunk
To the Editor:
I hate to be the skunk at this garden party
(“The Stock Market Looks Like a Bubble.
What Is It Really?” Up & Down Wall
Street, March 1), but the article notes that
Google searches for “stock bubble” have
reached the highest level since January
2022. That was the last top.
Gene Sweet
Chicago
Crypto and Systemic Risk
To the Editor:
As the crypto craze creeps further into the
country’s financial infrastructure, it surely
elevates the systemic risk. In “Bitcoin Tops
$60,000. The Force Behind Its Recent
Surge” (Feb. 28), Joe Light cites the CEO of
one company claiming crypto exchange-
traded funds as an asset class that can
“protect” you. Another company advises,
“Train your brain” so you can “trade
crypto with clarity.” As more and more
401(k)s and retirement portfolios embrace
crypto, maybe it would be wise for them to
come with this warning: “Such engineer-
55
ing can damage your financial health.”
Thomas D. Finnigan
Mount Vernon, Va.
“Grandpa Google”
To the Editor:
Regarding “Google Faces a Real AI Threat
in Search. Why It Might Be Time to
Worry,” Tech Trader, March 1), I recently
learned that in Silicon Valley they refer to
Google as Grandpa Google and a place to
rest and vest (stock options). It’s also re-
ferred to as the hermit kingdom. That
hardly sounds very dynamic.
Brent D. Peterson
On Barrons.com
That’s a Problem
To the Editor:
Why is it “perplexing” that people feel bad
about high inflation? (“If the Economy’s
Doing Well, Why Do People Feel So
Badly? Brookings President Cecilia Rouse
Weighs In,” Feb. 29). Part of it may not just
be actual inflation, but also the fear of im-
pending inflation, because we have $34
trillion in federal debt and serious deficits.
Interest on the debt, plus Social Security
and Medicare, already take up 100% of all
taxes collected. That’s a problem, and
Washington is ignoring it.
Dave Gordon
On Barrons.com
Send letters to Mail@Barrons.com.
To be considered for publication,
correspondence must bear the writer’s
name, address, and phone number.
Letters are subject to editing.
The Barron’s Daily is our morning briefing
for what you need to know for the day.
Sign up at barrons.com/newsletters.
 M W L C 10 11 12 H G R P 4 8 3 F 2 D 6 7 9 0 A I
56 BARRON’S March 11, 2024

HELP CLIENTS SEE

PAST THE CLOUDS
TO AMPLIFY YOUR VALUE
Our actionable resources — based on 100 years of supporting clients
in complex markets — can help you turn uncertainty into advantage.
Find your silver lining at mfs.com/silverlining.

©2024 MFS Investment Management 55685.1

 W E A LT H & A S S E T M A N A G E M E N T G R O U P MARCH 11, 2024

A M E R I CA’ S T O P

1200
FINANCIAL
ADVISORS

Don’t Shy
Away From a
Long-Distance
Relationship
We explain why a remote advisor
might be your best choice (page S2)
and list top advisors from each state
in our annual ranking (page S18).
Plus, see investing moves top advisors
are recommending now (pages S7–S17).
S2 BARRON’S March 11, 2024
March 11, 2024
Long-Distance Financial Advisors:
Why They’re Here to Stay
Thanks to technology, more people are looking further afield for an advisor
C
olin Overweg, a financial
advisor in Rochester,
Mich., has an unusual
business model: He
doesn’t do in-person
meetings with clients or prospective
clients. He says it is so convenient and
efficient for both parties to connect
online via videoconferencing that “even
if they live down the street, we’re not
meeting in person for business.”
Overweg’s approach is working out
just fine. Through his six-year-old
virtual practice, Advize Wealth, the
30-year-old manages $17 million of
assets for 109 clients. You might think
of Overweg as an exemplar of a move-
ment toward remote financial advice.
Although in-person meetings aren’t
going away, more business is being
done between clients and advisors in
different ZIP Codes—often in other
parts of the country.
The trend, enabled by technological
advances and accelerated by the
Covid-19 pandemic, opens up new pos-
sibilities for clients and practitioners
alike, including those Barron’s recog-
nizes as the country’s Top 1,200 finan-
cial advisors. Although it is unlikely
that any of these ranked advisors has
gone completely virtual like Overweg,
you would be hard-pressed today to
find an advisor who doesn’t serve at
least some of their clients remotely.
“I think we’re seeing a big delink-
ing between geography and advisor-
client relationships,” says Jed Finn,
head of wealth management at Mor-
gan Stanley, which employs roughly
15,000 advisors throughout the coun-
try. “People want the best advisor for
BARRON’S
TOP 1200 FINANCIAL ADVISORS 2024
who suits their specific needs—and maybe costs less.
BY STEVE GARMHAUSEN
them and are comfortable seeing them
however they want to interact.”
Remote client-advisor relationships
help remove geographic barriers.
They save time for each party. And
they provide flexibility: If something
important comes up, client and advi-
sor can jump on a quick Zoom call
and easily share and discuss financial
documents rather than arranging a
get-together or fumbling with email
attachments, or worse, fax machines.
Even clients who have worked
with their advisors since before the
Zoom era now often favor virtual
meetings, just because they’re so con-
venient. Advisors say that in-person
meetings help to build trust, which is
why most try to get together with
clients in person at some point. But
they’re no longer required to get a
business relationship off the ground
and keep it humming.
Videoconferencing tools like Zoom,
Skype, and Google Meet provide clear
video, screen sharing, and real-time
collaboration. Electronic-signature
software like DocuSign is ubiquitous.
High-security file-sharing services
allow the safe exchange of confidential
trust and estate documents. And ac-
count-aggregation software allows
advisors and their clients to simulta-
neously see a comprehensive view of
clients’ finances on their respective
computer screens.
“Our clients had to embrace it [dur-
ing the pandemic], which made it eas-
ier for us to use it with them,” says
Dan Ludwin, president of Salomon &
Ludwin, a $1.2 billion-asset advisor
firm in Richmond, Va. “And now I
ILLUSTRATIONS BY ROSIE BARKER
have clients who live a mile from here
who won’t come in.”
Pamela Krueger can attest to how
rapidly Covid changed consumer
attitudes toward virtual advisor rela-
tionships. The CEO of Osterville,
Mass.–based Wealthramp, a business
that connects clients with advisors,
says that before Covid, around 30%
of her incoming clients described
themselves as comfortable working
with advisors outside their geogra-
phy. Now as many as 70% describe
themselves that way, she says. “After
Covid, the switch was flipped.”
A major advantage to hiring a re-
mote advisor could be fees. Krueger
says advisors with a virtual-only busi-
ness model definitely have the ability
to charge lower fees than their conven-
tional rivals. Larger advisor firms
with significant fixed costs such as
office space might not have much sav-
ings to pass on. But some smaller
firms are offering significantly lower
fees—allowing them to compete more
effectively with larger rivals, accord-
ing to Krueger. “I call this trend the
great equalizer,” she says.
But the biggest benefit of the re-
mote-relationship trend might be the
ability to find the best advisor for
one’s personal situation and needs
regardless of geographic location.
“Even though people think that advi-
sors are all the same, there are huge
differences,” Krueger says.
Your community might not have an
advisor with expertise in special-
needs planning. You might need an
expert in impact investing, or in finan-
cial planning for professional athletes.
S3
The very best advisor for clients with
such needs might not be nearby, but in
the era of remote relationships, it
might not matter, says Krueger.
But Krueger understands that some
people just need to know they can
meet with their advisor directly. She
will work with clients to explore their
resistance to remote relationships but
says she doesn’t press the issue, be-
cause comfort is indispensable for
successful relationships.
So, which kinds of consumers does
remote advice make the most sense
for? Perhaps not surprisingly, younger
consumers appear most open to it. In
a recent survey from Comparison Ad-
viser, a Redmond, Wash., firm that
matches consumers with financial-
services providers, more than 70% of
respondents in their 30s and 40s indi-
cated they’re open to remote advice—
from both human advisors and robo-
advisors. Sixty-four percent of
respondents in their 50s and 53% of
those age 60 or older said they were
open to remote advice.
“Some in the elderly population are
less trusting in technology,” says study
author Sean Canonica. “They didn’t
grow up with the internet and are re-
ally rigid in how they view the world.”
But there are good reasons for older
people to embrace remote advice rela-
tionships, he says. It’s a good solution
for those who no longer drive or for
those who are immunocompromised,
for example.
Younger people tend to be more
tech-savvy, and if they are early in
their wealth-building journey and
don’t yet have a lot of investible assets,
S4
accepting a remote relationship may
be the only way they can work with a
human advisor, Canonica says.
Clients with multigenerational
planning needs, on the other hand,
might prefer to work with advisors in
person, he says. That’s because many
people are more comfortable having
sensitive discussions about passing
wealth down to their heirs across an
advisor’s conference table or in their
own home.
‘There Had to Be a Better Way’
The degree to which practitioners are
actively seeking out new clients in
distant places varies from advisor to
advisor and from firm to firm. Well-
established advisors at big, prestigious
firms often enjoy a healthy stream of
referrals from their existing clients,
which means they don’t have to invest
as much in marketing. Few advisors
turn away distant clients who are in-
terested in their services—especially if
they’re wealthy.
But for hungry young advisors—
especially those with tech skills—the
lure of remote business development
can be stronger.
When Overweg started in the advi-
sor business in 2015, he’d drive back
and forth across Michigan meeting
with potential clients. “If they told me
no, I’d get back in my car and have a
sad face for the next hour driving
home,” he says. “It was just so radi-
cally inefficient that there had to be a
better way.”
Before long, he was driving to cli-
ents’ homes, installing Zoom on their
computers, and showing them how to
use it. “Two years later, the pandemic
hit and we weren’t allowed to meet
anyway,” he says. “But that was
maybe the best thing that could have
happened for my business.”
Today, 35% of Overweg’s clients are
in Michigan; 35% are in California,
where he recently lived for a few
years; and 40% are in 15 other states.
Most of his prospective new clients
find him on social-media platforms:
He has made more than 400 TikTok
and Instagram videos.
Although Overweg doesn’t mind
meeting clients for lunch or a round of
golf, he says virtual business meetings
are better. Most of his and his clients’
relevant information is on their com-
puters, after all. To make changes to a
401(k) or discuss other employee ben-
efits, clients have to log in to their own
accounts. “It’s easier to have our own
screens,” he says. “I can take remote
BARRON’S
control of their computer or share my
screen via Zoom.”
Meetings are recorded, and Over-
weg uses the notes to develop video
summaries, which he sends to clients
after meetings. Neither client nor advi-
sor needs to drive or find parking. “It’s
just much more productive,” he says.
Overweg’s virtual business model
costs him less than the traditional one
with rented office space, a waiting
room, and a receptionist. And that, he
says, creates another benefit: “I can
pass along those lower fees to the client
and still remain extremely profitable.”
But even if advisors aren’t seeking
out clients in faraway ZIP Codes,
consumers’ newfound comfort with
remote relationships means they can
be converted from prospects to clients
more easily. Ludwin, for example,
says new business captured this way
has increased by about 5% in the past
couple of years.
At the same time, Ludwin knows
that it has become easier for distant
competitors to go after clients in his
geography. That’s one reason the firm
is raising its communications game,
he says—for instance, using cloud-
based Microsoft Power BI to present
otherwise dry data as “dynamic,
graphical moving information.”
Personal Meetings Are a Plus
Jim Denholm worked at big Wall
Street firms until 2017, when he
founded IronBridge Private Wealth,
in Austin, Texas. The $300 million-
asset advisory practice was set up
with remote capabilities to serve cli-
ents across the U.S.
“We can meet any client in the
country and bring them on board
seamlessly, whether we’re sitting to-
gether in person or not,” says Den-
holm, adding that accommodating all
clients’ meeting preferences is impor-
tant: “If they want to meet remote,
we’ll meet them remote, and if they
want to meet in person, we’ll meet in
person.”
Right now, 81% of IronBridge’s cli-
ents are in Texas, down from 97%
pre-Covid. Like many advisors, “we
have multiple clients that we’ve never
met in person,” says Denholm. So far,
those remote clients have come mostly
via referrals. But Denholm and his
six-person team have been setting up
digital marketing capabilities that will
allow them to target ZIP Codes
throughout the country.
Denholm feels it’s important to meet
clients in person at least every year or
Considering a Long-Distance Relationship
With Your Financial Advisor?
PROS
Saves time traveling to and
from the firm’s office.
Allows you to consider many
more advisors, improving the
odds you’ll find someone with
the specific expertise you need.
A remote-only advisor might
charge lower fees.
two, even if it’s just for lunch or coffee
or dinner, and not to discuss business.
Personal meetings strengthen the con-
nection between advisor and client, he
says. “Everything else can be done
remotely,” he adds.
Like Ludwig, Denholm thinks the
growing acceptance of remote advi-
sory relationships will bring increased
competition. “But the increased op-
portunity is way higher than the in-
creased competition,” he says.
Advisors can also use remote em-
ployees to assist in running their
practices. One example is Morgan
Stanley’s “virtual engagement associ-
ate” program, in which people who
are newer to the industry help estab-
lished advisors with digital market-
ing support and financial planning,
explains Finn.
“They become distributed mem-
bers of advisors’ teams, and the advi-
sors may never meet those people in
person,” says Finn. The remote-sup-
port individuals are available to step
in when, say, an associate at a prac-
tice goes on parental leave. “It pro-
vides us with an ability to minimize
the disruption to advisors’ practices,”
Finn explains.
At Wells Fargo Advisors, remote
meetings continue to become more
common, says Sol Gindi, the unit’s
leader. “We’re definitely seeing in-
creased use of remote technology and
remote meetings—that didn’t stop just
because the Covid pandemic was de-
clared over,” he says. “It’s part of our
repertoire now.”
But opinions among the company’s
advisors are mixed. Some advisors
have embraced remote technology
and are thinking about how they can
use it to grow their businesses. Oth-
ers simply love doing business face-
to-face, says Gindi. They may do
March 11, 2024
CONS
Requires comfort with
technology and familiarity with
online videoconferencing.
You might prefer to discuss highly
personal topics in person.
Seeing an advisor’s office and
staff can provide comfort you’re
dealing with a well-run practice.
some Zoom meetings, but especially
when clients are facing big financial
decisions, they prefer to be in the
same room, he explains.
Meanwhile, in the area of business
development—otherwise known as
bringing on new clients—relatively big
accounts aren’t being landed virtually.
“I’m seeing that most of the big wins,
with the larger clients and the sophis-
ticated clients, are still coming face-to-
face,” Gindi says.
Wells doesn’t actively encourage or
discourage its advisors from develop-
ing business remotely, says Gindi. But
he notes that Wells Fargo Advisors has
a presence in all 50 states, and Wells
Fargo has more than 4,000 retail bank
branches. If a branch banker finds a
customer who might need wealth man-
agement, they can refer that person to
an advisor in the same area.
“Many of our advisors actually like
to operate in their own market because
everything’s there, end to end,” says
Gindi.
Another brake on the possible ex-
pansion of remote advice has to do
with mentorship, says Finn. Although
the remote model can give advisors
the ability to work from home—or
their car or a coffee shop—it doesn’t
provide the cultural immersion and
person-to-person training that can
help advisors be successful.
“We’ve got no intention of ever go-
ing fully remote,” says Finn. “In fact, I
think more and more people are back
in the office because they need the
mentorship of more-senior folks.”
How popular might remote advi-
sor relationships become? Ludwin
acknowledges that his business has
added just a few relationships so far,
but says it’s early days. “It doesn’t
sound like much,” he says. “But tsu-
namis start small, too.” B
March 11, 2024 BARRON’S S5

What would you like the power to do? ®

Now’s the time to have the

bull at your back, with Merrill.
Merrill believes the future is bullish, even in the
most unpredictable of markets. And when working
with our advisors, you get a personalized plan to help
you see through the uncertainty to find opportunity.

We’re proud of the Merrill advisors named to the

Barron’s “Top 1,200 Financial Advisors” list,
published on March 8, 2024, with rankings based
on data as of September 30, 2023.

Contact an advisor at ML.com/Bullish.

Investing involves risk and past performance does not guarantee future results.
2024 Barron’s “Top 1,200 Financial Advisors” list. Opinions are Barron’s who evaluated advisors with a minimum of seven years financial services experience and employed at their current firm for at least one year.
Ranking spots determined by each state’s population and wealth. Other quantitative and qualitative measures include assets under management, revenues generated for the firm, quality of practice, regulatory records,
internal company documents and 100-plus points of advisor-provided data. Rankings do not reflect any one client’s experience, endorse any advisor and do not guarantee future investment success. Compensation was
not received from anyone for the study. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved.
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subsidiaries of Bank of America Corporation.
© 2024 Bank of America Corporation. All rights reserved. | MAP6404158 | AD-02-24-0243 | 03/2024
S6 BARRON’S March 11, 2024

Heads of State
Here are the No.1–ranked advisors from each state plus the District of Columbia METHODOLOGY

A Return to Growth
Team Assets
Advisor Firm State (million)
Michael Warr Morgan Stanley Private Wealth Management Ala. $4,373
Ryan Callaway Ameriprise Financial Alaska 1,330
Charlie Maxwell Cresset Ariz. 39,596 BY MATT BARTHEL
Joseph Young Merrill Wealth Management Ark. 881

A
Mark T. Curtis Morgan Stanley | Graystone Consulting Calif. 296,349
Shawn Fowler Morgan Stanley Private Wealth Management Colo. 14,226 fter a short pause due to teams trace their origins back to the
weak stock and bond mar- efforts of a lone-wolf advisor who
Jeff Erdmann Merrill Private Wealth Management Conn. 12,023
kets in 2022, America’s Top built the practice from nothing. In-
Kimberlee Orth Ameriprise Financial Del. 2,870
1,200 advisors returned to deed, the wealth management indus-
Marvin McIntyre Morgan Stanley Private Wealth Management D.C. 5,698 growth mode in 2023. try thrives today specifically because
Brian Pfeifler Morgan Stanley Private Wealth Management Fla. 12,257 The average assets under manage- of the foundational efforts of many of
Robert Balentine Balentine Ga. 7,153 ment for the Top 1,200 advisory the advisors named in this ranking.
Matthew Megorden UBS Wealth Management Hawaii 949
teams rose 21% to $4.6 billion in the Founding advisors who have built
year ended Sept. 30, 2023. Year-over- their teams in a thoughtful way have
Robert Brian King RBC Wealth Management Idaho 1,032
year asset growth in the high-single begun gradually handing off their
Paul Tashima UBS Private Wealth Management Ill. 36,763 digits has been the norm for the Top practices to their teams. It’s an emo-
John Cate Merrill Wealth Management Ind. 21,683 1,200 in the 16 years Barron’s has tionally fraught and financially com-
Bryan Boesen Morgan Stanley Wealth Management Iowa 2,236 conducted this state-by-state ranking. plex effort for entrepreneurial types
Brenna Saunders Creative Planning Kan. 2,885 The peak Covid years were an anom- who have developed intense bonds
aly, with the Top 1,200 teams grow- with their clients and built businesses
William Watson Ameriprise Financial Ky. 1,846
ing at first by almost 40% in 2020-21, worth millions.
Curtis Eustis Merrill Private Wealth Management La. 1,795
then shrinking by 7% in the succeed- For investors using this Top 1,200
Brian Clement RBC Wealth Management Maine 773 ing year. ranking to find an advisor, it’s impor-
Kent Pearce Merrill Wealth Management Md. 2,596 About 15% of the Top 1,200—174 tant to understand the key role a lead
Raj Sharma Merrill Private Wealth Management Mass. 5,914 advisors—are new to the ranking this advisor plays on a team. They are at
Charles C. Zhang Zhang Financial Mich. 5,531
year, and several advisors made large the core of a team’s culture, invest-
ranking gains. Catherine Evans, of J.P. ment approach, and work ethic. But
Robert Metcalf UBS Private Wealth Management Minn. 3,995
Morgan in San Francisco, rose 64 many of them are also in the twilight
Melanie Dowell Morgan Stanley Wealth Management Miss. 1,888 spots to No. 44 in California; Joni Ab- of their careers. In those cases, know-
Matt Bret UBS Wealth Management Mo. 3,911 alos, of Merrill Lynch in Houston, ing the personnel who will take the
James B. Stack Stack Financial Management Mont. 1,766 gained 48 spots to No. 36 in Texas; team forward is crucial.
Jim Siemonsma Mariner Wealth Advisors Neb. 2,378 and William Schoff, of UBS in Roches- How we do it. The Top 1,200 is
ter, N.Y., jumped 38 spots to No. 68 in Barron’s largest advisor ranking, and
Randy Garcia The Investment Counsel Co. Nev. 1,615
New York. it’s actually 51 individual rankings—
Sean Doyle Merrill Wealth Management N.H. 844
The best advisors succeeded during one for each state plus Washington,
David Briegs Merrill Wealth Management N.J. 2,274 the Covid years because their teams D.C., with the number of advisors rep-
Michael Stevens Merrill Wealth Management N.M. 1,489 were structured to adapt to unfore- resented in each determined by its
Lyon Polk Morgan Stanley Private Wealth Management N.Y. 39,813 seen circumstances. That lesson has relative population and wealth. Advi-
Mitchell Wickham UBS Private Wealth Management N.C. 18,674
been absorbed, and teams continue to sors who wish to be considered for the
grow in size and sophistication—good ranking complete a 100-plus-question
Troy Nelson Edward Jones N.D. 946
news for clients, because it generally survey about their businesses, and
Valerie Newell Mariner Wealth Advisors Ohio 5,385 translates into better customer service this year’s ranking had just shy of
Matthew Monger Merrill Wealth Management Okla. 950 and less reliance on one key person to 6,600 applicants.
Rebecca DeCesaro J.P. Morgan Wealth Management Ore. 2,193 answer all your questions. Like all of Barron’s advisor rankings,
Rob Thomas Mariner Wealth Advisors Pa. 2,928 Over the past 10 years, the average this Top 1,200 list uses both quantita-
size of a Barron’s Top 1,200 Advisor tive and qualitative measures. Client
Malcolm Makin Professional Planning Group R.I. 1,592
team has grown 25% to between 13 assets managed by an advisor, along
Rick Migliore Merrill Private Wealth Management S.C. 9,282
and 14 people. At the same time, the with the growth of those assets, are a
David Hillard RBC Wealth Management S.D. 1,573 number of partners on these teams good signifier of the general health of a
John Montgomery Rockefeller Capital Management Tenn. 1,681 has expanded to between three and practice. We also use an advisors’ rev-
Richard Szelc Neuberger Berman Texas 2,435 four people. enue numbers as a proxy for client
Jeff Roundy Merrill Wealth Management Utah 1,671
These are important developments satisfaction—clients vote on the way
in an industry where many advisors advisors are serving them with the
Tim Stotz Morgan Stanley Wealth Management Vt. 2,406
are on the cusp of becoming senior fees they’re willing to pay. Last, we
Joseph Montgomery The Optimal Service Group | Wells Fargo Advisors Va. 34,982 citizens and are expected to retire in evaluate a range of qualitative ele-
Phil Scott J.P. Morgan Wealth Management Wash. 2,560 coming years. The average age of a Top ments, including regulatory records,
Christopher Hall Hall Financial Advisors W.Va. 1,387 1,200 advisor has risen in 11 of the past advanced credentials and designations
Michael Klein Baird Wis. 13,519 12 years, to about 56. on a team, and the nature and struc-
Most of the Top 1,200 advisory ture of an advisor’s team. B
Dagny Maidman J.P. Morgan Wealth Management Wyo. 3,845
 March 11, 2024 BARRON’S S7

TOP 1200 FINANCIAL ADVISORS 2024

Sandy
Dalton
UBS

BY STEVE GARMHAUSEN

A
s a 40-year-veteran in-
vestment advisor, UBS’
Sandy Dalton has seen
lots of economic and
market trends, so her
opinion on the impact of artificial
intelligence is worth considering.
“We’re going through an industrial
revolution with the rollout of AI,”
says the No. 3–ranked advisor in
Idaho and founder of an eight-per-
son, $1.1 billion asset team, “and it’s
an exciting time to be an investor.”
Speaking with Barron’s, Dalton,
who started her career as a certified
public accountant, explains how a
routine physical in 1984 led to her first
client. She describes the four P’s that
guide her team’s work, and what she
does when clients bring up another
P—politics. Dalton, who is based in
Boise, Idaho, also reveals how she
wound up with a team—a multigener-
ational one, with members ranging in
age from their 20s to 70s—despite
once feeling unqualified to build one.

Barron’s: Where are you from, and

how did you get into the financial
advice business?
Sandy Dalton: I’m a native Idahoan. KEY STATS
I majored in accounting at Virginia
Tech, graduated summa cum laude,
and received a top award for perfor- $1,105
mance on the nationwide CPA exam. MILLION
So, I was really focused. I joined Price in team assets
Waterhouse in Phoenix right out of
college. It was my dream job. But after
a couple of years, it became evident
that there weren’t any women part-
$8
ners at Price Waterhouse, and that
MILLION
typical account
Photograph by Natalie Behring

level is where I’d wanted to be. size

So, I moved back to Boise and joined
Merrill Lynch. I loved the thought of
having control over my own destiny—
that the harder and smarter I worked,
$12
the luckier I’d get. I felt I had unlimited
MILLION
typical net
potential in this business. I was mar- worth
ried with two young children—I later
S8
had a third—and the job gave me flexi-
bility over my schedule. I started like
most people did 35 or 40 years ago: I’d
cold-call. I was very organized and
focused. I still have all my sheets from
those days on how many people I con-
tacted, how many follow-ups I had,
how many appointments. I worked
really hard. But again, I had flexible
hours, so I enjoyed family life, too.
Do you remember your first client?
Actually, I do. Back in those days, we
had to have physicals [when we
started at Merrill], and he was one of
the doctors. He had a rollover because
he had worked at a university [and
had a workplace account] similar to a
401(k). He said, “I need to do some-
thing with this. Can you help me?”
We struck up a great conversation. I
still have his widow as a client.
Can you describe how your team,
now eight people, came together?
Well, 15 years ago, Bill Bahney, who
was a longtime Merrill Lynch man-
ager, wanted out of management. He
joined us in 2008 and helped me put
together a team, because that wasn’t
an intuitive thing for me to do. Similar
to that, Chuck Powers joined our team
as a partner about a year ago, after
having been a longtime manager. He
has added a whole new dimension to
our practice because he has a lot of
experience in helping entrepreneurs
sell their companies. That’s an enor-
mous area of growth, as baby boomers
have built these fantastic businesses
and now need to pass them on.
One of the things that’s unique is
that the eight of us range in age from 24
to 77. We have a team member in every
decade—20s, 30s, 40s, 50s, 60s, and
70s—a melting pot of ages and experi-
ences. Different team members identify
more closely with different clients.
We follow four P’s at our practice.
The first is our purpose, which we
take very seriously: helping clients
realize their dreams. The second P is
that we give a private-banking level of
service. We had a client who was over-
nighting a check to a friend in Georgia
to help her make a house payment so
she didn’t lose the house. But when
the client went to send it, it turned out
that the UPS driver had come a little
early. We looked everywhere to try to
find the UPS driver, and finally drove
out to the airport, ran down a driver,
and said, “Please, please, can you help
us?” She took it and made sure that
check got delivered overnight.
BARRON’S
Our third P is planning for every
client we can. We have a Certified Fi-
nancial Planner on our team who sits
down and makes sure we understand
what our clients’ dreams are and how
we can help them move in the direc-
tion of those dreams.
The fourth P is performance. We’ve
got to deliver good investment perfor-
mance. Part of the joy of our work is
participating in the financial markets.
We manage stock portfolios on a dis-
cretionary basis, which is a little
unique and a lot of fun.
What are your clients most
concerned about these days?
Since the pandemic, it seems like
we’ve had global mayhem all the time.
Clients are reading bad news every
morning, and they seem more fearful
than they used to be, less trusting of
everything. But they also rely more on
us now. This business isn’t just invest-
ing and planning. We act almost as
psychologists, too. People often don’t
have anybody to talk to; even their
spouses are busy doing their own
thing. We listen, and we always try
to add a positive spin. We’re going
through an industrial revolution with
the rollout of AI, and it’s an exciting
time to be an investor. We try to focus
on the good things out there.
What is your expectation for the
stock market this year?
We like to look longer term, but even
through 2024, we’re bullish. We still
think the market could end this year
higher by 10%. That doesn’t mean we
won’t take a hit, because we’ve had
a powerful move up. We could very
well have a 5% to 10% correction, and
we’re prepared for that at any time.
But we still think there are a lot of
opportunities. The way our economy
works, the way companies operate,
how employees work—it’s all being
radically transformed thanks to AI.
The need for labor will be much less,
and I know people worry about that.
But the reality is that we don’t have
enough workers anyway.
What are some of the best invest-
ment opportunities you see in the
market right now?
We’re always long-term bullish, espe-
cially in this environment of rapid
change and innovation, with the great-
est companies in the world right here
in the U.S. In our managed stock port-
folios, we’ve been almost exclusively
in the U.S., as opposed to interna-
“I loved the thought of having
control over my own destiny—
that the harder and smarter
I worked, the luckier I’d get.
I felt I had unlimited potential
in this business.”
tional. And we’ve been in large-cap
growth, very heavily in technology.
That has provided outstanding perfor-
mance for us. As that sector matures,
we’ve been rebalancing where we can.
We see a lot of opportunity in smaller
companies: They’re cheap relative to
price-to-book values. But we’re still
largely staying in the U.S. There are
a lot of great opportunities.
Getting back to the AI revolution,
it is increasing productivity and cut-
ting costs on balance sheets and in-
come statements in a big way. So,
you’ve got earnings going up and
costs going down. That doesn’t mean
we won’t get a correction at some
point. That’s the nature of the mar-
ket—stocks go up an escalator and
down an elevator.
What would you say is your biggest
business challenge at present?
Staying focused, perhaps, because it’s
so easy to get distracted by problems.
Regulation has become more intense.
And it seems like every day we have
some new, huge piece of news that can
easily distract us. The elections are
coming up, and people want to tell us
who they like and who they don’t like.
So, it’s staying focused on our clients
and our four P’s.
When clients want to talk politics,
how do you manage that? Do you
just politely nod your head?
We do. We try really hard not to get
into politics. And investors can con-
fuse politics with the market. But the
market largely does what the market
is going to do based on companies’
earnings. Politics don’t always flow
over to the performance of the stock
market. So, we try to listen and be
sympathetic with whatever their con-
cerns are. But we try not to get into
politics. Even if you agree with the
person, the conversation goes on and
on, and then there will be a next one.
March 11, 2024
You’ve been in the business for 40
years. What’s your succession
plan?
I get asked that more and more. I
could walk away today and the team
would keep going and growing and
having fun coming to work. My part-
ners Mike, Chuck, and Ben certainly
are the successors.
These days, I largely only do what
I want to do; I hand off a lot of the
things that I’m not interested in. But
I like to come in and be with the team.
Can you share a piece of advice for
young advisors who want to have a
successful career?
The financial markets are dynamic
and fascinating. It’s so fun to come in
and see what’s going to happen today
and tomorrow. But remember that it’s
a people business. I came from the
CPA background, so investing was
probably my natural inclination, but
you have to enjoy people, hearing their
stories and wanting to help. Being
involved with the community is big,
because you meet so many wealthy
people. That’s not why you do it, but
it certainly is a benefit.
How does your team contribute
to your community?
We’re very community-focused; it’s
not just a cliché. We’re on a lot of
boards, ranging from a homeless
shelter to a school in Kenya to Opera
Idaho to the Catholic Diocese Finance
Council. We give back a lot of the
money that we’ve made. During Covid,
our team gave $400,000 to schools,
homeless shelters—wherever we could
help our community. Our clients are
really community-focused, as well.
They give a lot of money, and we en-
courage it. If they have a stock that
went up 2,000%, we’ll tell them to do-
nate some of that. And they do.
Thanks, Sandy. B
March 11, 2024 BARRON’S S9

James Fields
Klingenstein Fields Advisors
Independent since 1989

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S10
TOP 1200 FINANCIAL ADVISORS 2024
James Stack
Stack Financial Management
BY GREG BARTALOS
W
hen Jim Stack, the
founder and CEO of
Whitefish, Mont.–
based Stack Finan-
cial Management,
founded his $1.8 billion firm three
decades ago, little did he know that he
would become a pioneer of sorts.
Working with remote clients is new
terrain for many advisors, but Stack’s
firm has been comfortably doing so
since long before the pandemic. “Today,
89% of our clients are outside our state
of Montana, half of whom we’ve never
met,” Stack says. “We didn’t know if we
could pull that off 30 years ago.”
Speaking with Barron’s, Stack ex-
plains how his firm is successfully
serving clients from far and wide and
discusses where he sees opportunity—
and danger—in the market.
Barron’s: What has helped you at-
tract and retain so many clients
outside Montana?
James Stack: When we founded
SFM, it was based on two principles:
“safety first” money management and
concierge client service. We established
a code of excellence that every client-
relations specialist, every advisor, and
every portfolio manager follows. Some
of that is very simplistic, like answer-
ing every phone call within two rings.
A call never goes to a message during
office hours. And when a client calls,
BARRON’S
they get to talk to any advisor or any
KEY STATS
wealth manager they want to. In es-
sence, we have to hand-hold as if we
$1,766 were sitting in the client’s living room
talking to them personally.
MILLION
in team assets
Tell me about your clients.
Our clients are generally more sea-
$2 soned than the average investor. Many
MILLION of them have been managing their own
typical account
portfolios, and they have a high respect
size
for risk. A lot of what they’re calling
about are concerns we share.
$5 What are some of those concerns?
MILLION
typical net We’re dealing with a stock market that
worth is in uncharted territory. We have
never had recession warning flags
March 11, 2024
flying as high as they are now—like
the leading economic index down for
23 consecutive months. That’s the sec-
ond-longest in its 60-year history. The
only time longer was the financial
crisis. And yet, we aren’t in recession.
Drilling deeper, what other risks do
you see?
There are three inherent systemic risks
today. One is valuation. No matter what
valuation metrics you look at, we’re in
the 90th percentile, which means that
stocks have been more overvalued less
than 10% of the time. This isn’t a low-
risk market in terms of price.
The second risk one can’t overlook
is the concentration of performance in
the big-cap momentum stocks, the
Magnificent Seven, the AI-driven
frenzy. That’s bringing back a lot of
the same feelings to market historians
that they saw in the dot-com bubble of
the late ’90s.
The third risk is the potential bub-
ble in real estate. Commercial real
estate is already in a severe decline.
Vacancies are running at 20%.
There’s $1.2 trillion in mortgages on
commercial real estate that has to be
refinanced this year and next at much
higher rates. And we have a residen-
tial real estate problem. Whether it’s a
bubble or not, unaffordability is
worse than it was in 2005.
What sectors are you avoiding?
We’re avoiding high-risk areas includ-
ing financials that have exposure to
commercial or even residential real
estate. We wouldn’t be adding to the
big-cap momentum tech stocks. We
hold Microsoft in both of our portfo-
lio strategies, but we wouldn’t be tak-
ing new positions in any of the big-cap
momentum stocks because they will
be at the highest risk, as they were in
2002 when a bear market started.
Which parts of the market do you
like?
We like consumer staples such as
Walmart, which we have in both of
our major portfolios. We like health-
care, and we’re seeking out value
stocks, namely those selling at an at-
tractive intrinsic price to earnings or
Photograph by Michelle Mishina
price to cash flow. Industrials, utili-
ties, and energy are areas where valu-
ations tend to be resilient in a reces-
sion. In this environment, as I said,
think safety first. Boring is better if it
allows you to sleep at night.
Thanks, Jim. B
March 11, 2024 BARRON’S S11

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S12 BARRON’S March 11, 2024

TOP 1200 FINANCIAL ADVISORS 2024

Kelly Rae Haskell

Edward Jones

BY ROSS SNEL

F
inancial advisor Kelly Rae
Haskell is optimistic that
the stock market will move
higher this year, although it
might encounter periods of
turbulence along the way. “Given the
magnitude and the speed of the rally
that has transpired over the past four
months, markets could see a choppier
phase in the near term,” says Haskell,
who has worked at Edward Jones for
23 years. “But we’d view those pull-
backs as compelling opportunities for
investors.”
The leader of a five-person team in
Aberdeen, S.D., Haskell also tells Bar-
ron’s how her father influenced her
career and which characteristics she
looks for when hiring team members.
Barron’s: What is your view on the
economy, and what risks do you
see?
Kelly Rae Haskell: The combination
of rising corporate profits, ongoing
economic growth, and a less-restric-
tive Federal Reserve policy later this
year is a favorable backdrop for mar-
ket performance. That said, I don’t
think it’s going to preclude periods of
volatility and corrections. Those cor-
rections are common after a strong
market rally like the one we’ve seen
over the past four months. But I would
think that any economic slowdown
would be moderate. I think the bull
market will remain intact for the year.
Now, as far as risks go, a notable
one is a possible reacceleration in
inflation, which would force the Fed
to keep monetary policy restrictive for
longer than expected. But that isn’t
our base-case scenario.
How are you adjusting portfolios to
account for your bullish outlook?
plement those short-term investments
with longer-duration fixed income in
the investment-grade space. In equi-
ties, segments of the market that have
been left behind—such as mid- and
small-cap stocks and value-style in-
vestments—may start to catch up.
Can you talk about specific sectors
you like?
While the technology and communi-
cation-services sectors have been the
clear leaders lately, we continue to feel
that market leadership will broaden in
the year ahead. So, we are currently
overweight communication services
and the consumer-discretionary sec-
tor, but as part of a well-diversified
strategy. We think investors can also
look for opportunities in cyclical areas
like industrials, as well as mid-cap
stocks, because those typically do bet-
ter in a lower-rate and a sustained-
economic-growth environment.
Where are you from, and how did
you get into the financial advice
business?
I am South Dakota born and raised. I
went to the University of Sioux Falls
and graduated early, at the age of 20.
After that, I spent three years trading
on the floor of the Chicago Stock Ex- registered branch associate role, in look for intelligence. I look for some-
change, which was a blast. After three KEY STATS 2021. Having those additional roles in body with a growth mind-set because,
years, I was drawn back to Aberdeen a bigger team has helped increase ca- as you know, this industry is con-
to begin pursuing my career as a fi- pacity and client service and allowed stantly changing. And I look for peo-
nancial advisor with Edward Jones. $398 me to focus more on strategy, coming ple with a strong work ethic. And
My dad was a big part of that. He has MILLION up with more-complex solutions for from there, I feel like I can teach them
been a financial advisor with Edward in team assets clients and utilizing my designations the business.
Jones for over 40 years and is still more, so that has been great.
practicing. Watching him build those What sort of clients do you serve?
relationships with clients over the
years inspired me in how I built my
$1.2 You lead an all-women team. How
did that come about?
Being in South Dakota, we serve a
wide variety of investors, but many of
MILLION
business and in getting my Certified typical account Yes, I have a very skilled team of ladies, them are farming families and small-
Financial Planner and Chartered Fi- size and every one of them is South Dakota business owners. One of my favorite
nancial Consultant designations. born and raised. The fact that we’re all parts of the job is getting to work with

Photograph by Dan Koeck

With the economy likely continuing to
chug along and interest rates lower, we
would see opportunities for investors
to invest some of their cash and [certif-
icate of deposit] money in longer-term
investments, both equities and bonds.
On the bond side, investors can com-
How have you taken advantage of
Edward Jones’ recent policies al-
lowing the creation of teams?
We were actually one of the first Ed-
ward Jones offices to add the associate
financial advisor role, in 2022, and the
females was actually not by design.
$2.5 However, I am really intentional about
the traits that I look for in individuals
MILLION
typical net when I invite them to join my team. I
worth look for empathy. I look for somebody
who can connect really well with a
variety of different personalities. I
multiple generations of clients. Many
of our clients are here in South Dakota,
but because family members move and
because of referrals, we have clients all
over the U.S., which is a privilege.
Thanks, Kelly Rae. B
March 11, 2024 BARRON’S S13
S14 BARRON’S March 11, 2024

TOP 1200 FINANCIAL ADVISORS 2024 younger investors, open-end mutual after the election. But for a number of
funds can offer his mostly retired KEY STATS reasons, we’re pretty optimistic.

Jeff Leonard
client base some protection from se-
vere market downdrafts.
Leonard tells Barron’s about his
favorite funds, why he still likes high-
Raymond James yield cash accounts, and his new com-
mitment to physical fitness.
BY AMEY STONE Barron’s: Let’s start with your mar-
ket outlook.
What about fixed income?
$1,155 We’re putting the fixed-income piece
MILLION of the pie a little heavier in cash. We
in team assets use a Fidelity institutional money-
market fund that pays 5.35%. Right
now, 10-year Treasuries yield about
$2.5 4.2%, and we think rates are going to
stay high for a while. We know rate
MILLION

M
Jeff Leonard: We definitely aren’t typical account cuts are coming, and bonds will per-

Photograph by Joshua Corbett

any advisors are turn- tens, a 25-year-old Anchorage, Alaska, market timers, but we do follow size form well when that happens. So we
ing away from mutual practice under the Raymond James trends, and I think we’re in store for a will start dollar-cost averaging more
funds in favor of ex- umbrella with $1.2 billion in assets pretty good year. Inflation has come into bonds gradually, but we’ve waited
change-traded funds
and separately man-
under management.
Leonard has tried SMAs and found
down, unemployment is still low, earn-
ings are still strong, and consumers
$3.5 a long time to see cash pay 5.35%.
MILLION
aged accounts to build client portfo- they confused clients, who thought he are still spending. It’s an election year, typical net How do you build portfolios?
lios. But not Jeff Leonard, founder and was making the trades. He says that and markets tend to do well when an worth We’re asset allocators and mostly use
managing partner of Leonard & Mar- although index ETFs are fine for incumbent is running. All bets are off actively managed, low-cost institu-
March 11, 2024 BARRON’S S15

tional mutual funds. There are some
really good mutual fund managers,
and the costs have come down over
the years. With the institutional share
classes, they may cost only 10 or 15
basis points [0.10 or 0.15 percentage
point] more than an index fund. For
that extra 10 basis points, you’re get-
ting an active overlay.
So, you think active management
leads to better returns?
If you buy the S&P 500 index ETF, for
instance, for every new dollar that
comes in, you’re in effect buying the
overvalued portions of the market.
That’s fine if you’re 30 years old, but a
lot of my clients are older retirees.
Consider Tesla. In November 2021,
Tesla peaked, and around that time
our large growth mutual fund was
selling shares of the stock. But if you
were putting money in an S&P 500
index fund then, Tesla would be the
largest holding, and you’d be buying
at the top. I just feel like you’re sway-
ing in the wind a little bit on the
downside, so I like to have that over-
lay of an active manager.
would be, “That’s the professional
managers doing their job.” I’d try to
explain that it’s like a transparent
mutual fund, but it was getting the
focus off of what we do, which is
planning and asset allocation.
How is your team structured?
There are seven of us: two partners,
client service associates, and what we
call service advisors. Prospects and
referrals come to us based on our
firm name, and we really approach it
as a team. We don’t want to be over-
seeing advisors who are out building Are you looking to start an
their own books of business.
Have you thought about going
Advisor Business or to switch
independent?
We own the business, and Raymond your existing Custodian?
James provides an umbrella. I don’t
have to worry about books and re-
cords, or have a chief compliance Interactive Brokers helps advisors quickly build
officer on staff. They don’t dictate competitive advantage, efficiently manage their business,
investments, and they don’t have a and serve clients at lower costs – and we don’t compete
say in how we build our business.
There would potentially be a finan-
with you for clients.
cial benefit, but I feel like what we
have now is the best of both worlds.

Do you remember the fund?
I think it was AB Large Cap Growth
[ticker: APGYX], which is our favorite
large-cap institutional fund.
What are some of your other fa-
vorite funds?
Janus Henderson Enterprise
[JMGRX] is a growth-based mid-cap
fund, and it’s excellent. Our current
favorite international equity fund is
MFS International Growth
[MQGIX].
What about ETFs? A lot of advisors
see advantages.
We have started a due-diligence pro-
cess on actively managed ETFs, not
the passive kind. To your point, there
are tax advantages with ETFs, and
recently we’ve seen Capital Group
roll out actively managed ETFs that
really focus on the tax efficiency.
We’re in a due-diligence process with
those, and I could see a time soon
where we would use them in some of
our taxable accounts.
Separately managed accounts are
also increasingly popular among
advisors.
We did try that, but it’s almost too
much transparency. We started hav-
ing clients call and ask, “Jeff, why are
you selling that stock?” My response
What would be a reason to go
independent?
Well, for instance, I’d need to go inde-
pendent if I wanted to choose private
equity or real estate investments for
my clients. As it is now, I use the
funds that Raymond James has made
available. But that’s just not really the
makeup of our business. We’re pretty
traditional stocks, bonds, mutual
funds, and ETFs.
What is it like to practice in Alaska?
When I go to conferences, a lot of peo-
ple say, “Is there really money in
Alaska?” I say, “Yeah, we have some
pretty good clients with money here in
Alaska.”
In our last interview three years
ago, you said you needed to un-
plug more. How is that going?
I’m making progress. I’ve never re-
ally had a commitment to physical
fitness, and when I started having
some back and shoulder pain, my
doctor recommended Pilates. Now
I’m getting into it, and for the first
time in my adult life, I’m starting to
make being fit an objective. So, I’m in
a better place than I was with regard
to smelling the roses and focusing on
myself.
Thanks, Jeff. B 12-IB23-1653 RIA-HP
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S16 BARRON’S March 11, 2024
 March 11, 2024 BARRON’S S17

TOP 1200 FINANCIAL ADVISORS 2024

Joey Small
Ameriprise Financial

BY ANDREW WELSCH

A
mong the most important
services that advisor Joey
Small provides clients is a
long-term perspective.
“Often, clients can only
see what they’re dealing with immedi-
ately because they’re busy living life,”
says Small, who started his career in
the transportation industry and runs
an independent practice with
Ameriprise Financial in his home-
town of Little Rock, Ark. “But I can
see a lot [more] because I’m looking
from a 30,000-foot view.”
Over his 24 years at Ameriprise,
Small has grown his team to 18 peo-
ple, including himself, and amassed
1,500 clients. He spoke with Barron’s
about his approach to financial plan-
ning and his advice for investors near-
ing retirement.
Barron’s: How did you get into the
business?
Joey Small: I had been working in
transportation, but I always wanted
to work in this business. When I was
in school, I was a good student. But I
became a great one once I started
studying finance because I became
passionate about it. And when I got
into business, it just took off. I loved
it, especially the financial-planning
aspect.
That’s kind of how we started. I
hired my first assistant probably
within the first six months. I ended up
hiring another guy, Ryan Bartholomew,
who was working as a bank teller. He
is still with me 24 years later.
What are your clients’ top concerns
these days?
Obviously, it’s a political year, but we
tell them not to worry about it. Just
Photograph by Houston Cofield
What is your outlook for equity
markets?
I think they will be fine, though
you’ll see some volatility. It has been
interesting to see the growth rally
we’ve seen over the past months. I
think you will see more diversifica-
tion across asset classes. It won’t be
just the Magnificent Seven. We like
value stocks and international.
What is your practice like?
We work with clients typically with
between $500,000 and $5 million. But
we still have quite a few clients with
between $100,000 and $500,000.
Today, we find that a lot of clients who
need our help are in the higher tax
brackets. All our business comes from
referrals.
How do you start when you have a
new client?
The first thing we do is make sure we
are the right fit for them. Then, we will
have a meeting to find out what they
are trying to accomplish. We’ll take in
all their data, ask what their goals are,
and think about whether they may be
missing anything. We then do a deep
dive into every part of their life. It’s not
just about managing money. The way I
always explain it is that my job is that
I’m your chief financial officer, but you an hour long. I have clients in about How about for clients nearing or
are the CEO. You make the decisions. KEY STATS 26 states. We’ll fly out to meet many of entering retirement?
My job is to offer ideas and guidance on them. Some are clients who have I tell them to be mindful of where
how to get to where you want to get to. moved from here to elsewhere. My their money will be coming from and
The other big thing is that we will $612 staff reaches out to four clients each what they’ll be getting from Social
tell you what you need to hear, not MILLION week just to say hello and ask how Security. And then be mindful of
what you want to hear. This will help in team assets they are doing. We also do a lot of edu- what life will be like living on a fixed
you make the best decisions. And it’s cational events online, and we do income. That can require a mind-set
not just about the money. The more I some client appreciation events in change. There are some people who
know about you, the more we can
help you have success and achieve
$0.7 person. That way we see them outside
of work, which is really nice, and our
are workaholics. You need to have a
plan for what you are going to do in
MILLION
the things you want in life. typical account clients get to know our other clients. It retirement.

go vote. size creates a kind of family event.

They’re very excited about bonds
because it’s the best market we’ve seen
in years. Money-market accounts, too.
They’re excited about what they can
earn on cash. I haven’t seen yields like
this since I started my career. That’s a
big difference for a client.
You and your team serve about
1,500 people. How do you main-
tain relationships with that many
clients?
We are constantly reaching out to cli-
ents. They typically get four appoint-
ments a year, which are 45 minutes to
What advice would you give to
$1 young investors just starting out?
Consistently put money in your re-
MILLION
typical net tirement accounts and diversify. That
worth will pay off big. Take advantage of
whatever match you get.
What do you do for fun outside of
work?
I really like to travel, but if I am home
and have spare time, I want to be play-
ing golf or at the lake.
Thanks, Joey. B
S18 BARRON’S March 11, 2024

2024

America’s Top 1200

Financial Advisors
Rankings are based on assets under management, revenue generated for advisors’ firms,
and a variety of quality-of-practice measures, including advisors’ compliance records.
For more information about the rankings, please email rankings@barrons.com.

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)
ALABAMA
1 1 Michael Warr Morgan Stanley Private Wealth Mgmt Tuscaloosa • • • $4,373 $15 $40
2 2 Tony Smith Stonegate Investment Group Birmingham • • • • 4,492 2 50
3 12 Christopher Compton Stonegate Investment Group Birmingham • • • • 4,492 2 50
4 8 Brian Woodke Merrill Wealth Mgmt Birmingham • • • • 1,603 6.6 10
5 N Palmer Whiting Merrill Wealth Mgmt Mobile • • • • 959 2.1 5
6 3 Jeff Roberts Ameriprise Financial Birmingham • • • 883 0.7 1.5
7 4 Robert Runkle Morgan Stanley Wealth Mgmt Montgomery • • • • 1,466 2.5 3.5
8 11 S. Wesley Carpenter Merrill Wealth Mgmt Fairhope • • • • 736 2.5 3.8
9 9 Alistair Harding-Smith Morgan Stanley Wealth Mgmt Birmingham • • • 1,917 5 10
10 5 Camper O’Neal Merrill Wealth Mgmt Birmingham • • • • • • 997 8 10
11 6 Mark Mantooth Morgan Stanley Wealth Mgmt Huntsville • • • 1,198 3.5 10
12 N Bobby Aycock Morgan Stanley Wealth Mgmt Birmingham • • • 1,044 5 8

ALASKA
1 5 Ryan Callaway Ameriprise Financial Anchorage • • $1,330 $1 $1
2 1 Jeff Leonard Raymond James Anchorage • • • • 1,155 2.5 3.5
3 3 Tammy Head UBS Wealth Mgmt Anchorage • • • • • • 874 5 10
4 N Sarah Springer Baird Anchorage • • • 970 2 5
5 4 Kenneth Jones Merrill Wealth Mgmt Anchorage • • • 834 3.4 10.2
6 N Peter Jurasz Merrill Wealth Mgmt Juneau • • 578 2.5 10

ARIZONA
1 N Charlie Maxwell Cresset Scottsdale • • • • $39,596 $25 $50
2 1 Trevor Wilde Wilde Wealth Management Group Scottsdale • • • 2,770 2 3
3 2 Steven Schultz UBS Wealth Mgmt Phoenix • • • 2,063 10 15
4 7 Eddie Dulin Mariner Wealth Advisors Scottsdale • • • 1,489 2.1 9
5 4 David Stahle Merrill Wealth Mgmt Gilbert • • • • • 2,752 5 10
6 3 Robert Bancroft Morgan Stanley Private Wealth Mgmt Scottsdale • • 2,732 35 55
7 10 Todd Reeg Baird Scottsdale • • • • • 1,025 4 6
8 6 Michael Butt Morgan Stanley Wealth Mgmt Scottsdale • • • 1,415 3.1 3.9
9 5 Kevin Ehlers Ameriprise Financial Peoria • • 976 1.5 2
10 8 Glenn Pahnke RBC Wealth Mgmt Scottsdale • • • • 1,102 5 6
11 9 Brian Friedman Merrill Wealth Mgmt Phoenix • • • • 2,043 5 12
12 12 Christopher Downs Merrill Wealth Mgmt Gilbert • • • 1,206 1 2
13 14 Joe Di Vito RBC Wealth Mgmt Phoenix • • • • 709 5 8
14 15 Henry Villeda Merrill Wealth Mgmt Phoenix • • • • • • 55,976 70 250
15 17 James Marten Merrill Wealth Mgmt Phoenix • • • • 2,774 3 6
16 16 Michael Hudak Merrill Private Wealth Mgmt Phoenix • • 3,104 10 20
N=not ranked
March 11, 2024 BARRON’S S19

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

ARIZONA (continued)
17 11 Paul Groves Morgan Stanley Private Wealth Mgmt Scottsdale • • • $4,070 $35 $50
18 N Sean Waltz Merrill Wealth Mgmt Phoenix • • • • 1,009 5 7.5
19 20 Nayan Ranchhod Ameriprise Financial Scottsdale • • • 628 1 5
20 N Matthew MacLean Ameriprise Financial Peoria • • 964 1.5 2.3
21 24 Mitchell Stillman Wells Fargo Advisors Scottsdale • • • 751 0.8 3
22 23 Steve Rabin Ameriprise Financial Gilbert • • • 972 1.5 3
23 19 Brian Crawford Millennium Private Wealth Tucson • • • 1,065 1.2 2.5
24 27 Scot Benefiel Merrill Wealth Mgmt Scottsdale • • • 554 5 10
25 N Richie Schmock Rockefeller Capital Mgmt Scottsdale • • 923 40 150
26 N Brad Howell UBS Wealth Mgmt Phoenix • • 455 4 20
27 21 Jennifer Hersh Merrill Wealth Mgmt Scottsdale • • • 513 2 5
28 28 Charles Pisoni RBC Wealth Mgmt Scottsdale • • 532 2.1 4.2
29 N Trent Longnecker Merrill Wealth Mgmt Phoenix • • • • • 851 2.5 6
30 N Seth Henrie Morgan Stanley Private Wealth Mgmt Scottsdale • 4,065 25 75

ARKANSAS
1 3 Joseph Young Merrill Wealth Mgmt Jonesboro • • • $881 $5 $10
2 1 Joseph Small Ameriprise Financial Little Rock • • 612 0.7 1
3 2 Hardy Winburn UBS Wealth Mgmt Little Rock • • • • 857 3 5
4 4 John Engskov Merrill Wealth Mgmt Little Rock • • • 2,546 10 15
5 6 Robby Bader Raymond James Springdale • • • 786 4 6
6 N Jackson Rhoades FSIS Group | Raymond James Mountain Home • • • • • 572 0.5 0.8

CALIFORNIA
1 2 Mark T. Curtis Morgan Stanley | Graystone Consulting Palo Alto • • • • $296,349 $5 $25
2 1 Gregory Vaughan Morgan Stanley Private Wealth Mgmt Menlo Park • • • • 45,582 75 150
3 4 Karen McDonald Morgan Stanley Wealth Mgmt Palo Alto • • • • 289,861 3 10
4 6 Troy Griepp Morgan Stanley Private Wealth Mgmt San Francisco • • • • 15,469 30 50
5 8 Mark Douglass Morgan Stanley Private Wealth Mgmt Menlo Park • • • • 45,582 75 150
6 3 Spuds Powell Kayne Anderson Rudnick Investment Mgmt Los Angeles • • 52,780 13 25
7 5 Andy Chase Morgan Stanley Private Wealth Mgmt Menlo Park • • • 25,352 35 50
8 9 Dorian McKelvy Morgan Stanley Wealth Mgmt Menlo Park • • • • 10,159 8 15
9 13 Drew Freides UBS Private Wealth Mgmt Los Angeles • • • 7,321 35 50
10 20 Michael Breen Merrill Private Wealth Mgmt San Francisco • • 17,802 50 100
11 15 Richard Jones Merrill Private Wealth Mgmt Los Angeles • • • 27,579 50 75
12 16 Eric Gray Merrill Private Wealth Mgmt Los Angeles • • 25,908 50 80
13 18 Matthew Babrick J.P. Morgan Wealth Mgmt Los Angeles • • • 5,850 55 90
14 17 David Hou Evoke Advisors Los Angeles • • • 3,947 30 50
15 11 Drew Zager Morgan Stanley Private Wealth Mgmt Los Angeles • • 17,742 80 150
16 N Thomas Tournat Merrill Private Wealth Mgmt Los Angeles • • • 27,579 50 75
17 7 Francis X. Malone Morgan Stanley Private Wealth Mgmt Los Angeles • • • 63,955 25 75
18 12 Alan Whitman Morgan Stanley Wealth Mgmt Pasadena • • • 2,943 5 17
19 35 Lisa Detanna Raymond James Beverly Hills • • • • 6,019 10 20
20 10 Jon Neuhaus Morgan Stanley Private Wealth Mgmt Los Angeles • • • 63,950 25 75
21 27 Tom Palecek Summit Trail Advisors San Francisco • • • 3,434 48 75
22 14 Shane Brisbin Morgan Stanley Private Wealth Mgmt San Francisco • • 7,717 50 75
23 31 Elaine Meyers J.P. Morgan Wealth Mgmt San Francisco • • 7,957 45 100
24 28 Michael Kanigher UBS Private Wealth Mgmt Los Angeles • • 7,321 35 50
25 21 Dana Jackson Morgan Stanley Private Wealth Mgmt Menlo Park • • • 5,540 50 100
26 19 Craig Chiate UBS Private Wealth Mgmt Century City • 6,059 35 50
27 47 Rick Gordon J.P. Morgan Wealth Mgmt San Francisco • 4,770 20 45
28 48 Hugh Beecher J.P. Morgan Wealth Mgmt San Francisco • • 4,770 20 40
29 N David Bahnsen The Bahnsen Group Newport Beach • • • • • 4,569 7.5 10
30 34 Brian Firring Wells Fargo Advisors Beverly Hills • 7,410 50 150
31 N Cheryl L. Young Rockefeller Capital Mgmt Los Gatos • • 3,188 7 15
32 23 Chris Clifford UBS Private Wealth Mgmt San Francisco • 2,090 25 50
33 25 Laila Pence Pence Wealth Mgmt Newport Beach • • • 2,652 2.5 5
34 22 Jesse Bromberg Morgan Stanley Wealth Mgmt San Francisco • • • 2,799 9.1 15
35 33 Jim Berliner Westmount Asset Mgmt Los Angeles • • • 5,012 7.5 15
36 49 Bruce Munster Merrill Private Wealth Mgmt Los Angeles • • 3,388 45 100
37 N Duncan Rolph Miracle Mile Advisors Los Angeles • • • 4,959 5.5 15
S20 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

CALIFORNIA (continued)
38 75 Greg Onken J.P. Morgan Wealth Mgmt San Francisco • • • $5,166 $20 $32
39 58 Tracey Gluck J.P. Morgan Wealth Mgmt Los Angeles • • • 2,505 15 30
40 40 John Cardente Merrill Private Wealth Mgmt San Francisco • • 20,839 250 650
41 41 Gabriel Jay UBS Private Wealth Mgmt Walnut Creek • • • • 2,065 5 7
42 24 Ned Gibbons Morgan Stanley Private Wealth Mgmt Menlo Park • • 4,500 40 60
43 38 Seth Haye Morgan Stanley Wealth Mgmt Westlake Village • • • 1,853 7 15
44 108 Catherine Evans J.P. Morgan Wealth Mgmt San Francisco • • • 1,980 10 25
45 53 Philippe Hartl Merrill Private Wealth Mgmt Los Angeles • • 8,479 35 100
46 74 Steven Soja J.P. Morgan Wealth Mgmt San Francisco • • • 1,671 10 15
47 63 Debbie Jorgensen Merrill Wealth Mgmt San Francisco • • 2,362 25 55
48 37 Karl Wolfslau Morgan Stanley Wealth Mgmt Long Beach • • 2,332 1 3
49 N Vicken Ekmekjian CIBC Private Wealth San Francisco • • • 1,631 26.8 50
50 30 Tim Emanuels Morgan Stanley Private Wealth Mgmt San Francisco • • • 13,860 25 50
51 55 Darren Edwards Morgan Stanley Private Wealth Mgmt Los Angeles • • • 2,523 25 50
52 N Marcus Fagersten UBS Private Wealth Mgmt San Francisco • • 9,360 10 25
53 90 Tripp Taylor Neuberger Berman San Francisco • • • • 1,510 20 50
54 64 Chad Evans Morgan Stanley Wealth Mgmt Newport Beach • • 17,324 250 1000
55 56 Thomas Van Dyck RBC Wealth Mgmt San Francisco • • • • 3,213 20 25
56 29 Rich Petit Morgan Stanley Private Wealth Mgmt Menlo Park • • • 13,860 25 50
57 39 John Shadden Morgan Stanley Private Wealth Mgmt Long Beach • • • • • 4,676 10 20
58 50 Sean Yu Morgan Stanley Private Wealth Mgmt Pasadena • • • 1,975 15 70
59 N Valerie Garcia Houts Merrill Wealth Mgmt San Francisco • • • • • • 55,976 70 250
60 N Inna Kelly Morgan Stanley Wealth Mgmt San Francisco • • 1,782 20 30
61 54 Scott McEwan Morgan Stanley Wealth Mgmt Newport Beach • • • • • 6,692 5 30
62 70 Lisa Reed Neuberger Berman Los Angeles • • 1,099 7.3 10
63 57 Sam Schoner J.P. Morgan Wealth Mgmt San Francisco • • • 3,153 8 15
64 65 Alex Shahidi Evoke Advisors Los Angeles • • • 14,006 20 25
65 N Thomas Hutson-Wiley Merrill Wealth Mgmt San Francisco • • • • • • 55,976 70 250
66 68 Colin Higgins Summitry Foster City • • 2,103 1.6 10
67 93 Mark Sear Evoke Advisors Los Angeles • • 1,841 30 50
68 N William Bonelli Morgan Stanley Wealth Mgmt La Jolla • • • 1,922 10 20
69 52 Mike Burbank Morgan Stanley Private Wealth Mgmt San Francisco • • 3,123 50 100
70 36 Gerard Zell Morgan Stanley Private Wealth Mgmt Menlo Park • • 4,500 40 60
71 72 Carolyn Taylor Weatherly Asset Mgmt Del Mar • • 1,123 3.1 7
72 77 Gail Reid Ameriprise Financial Glendale • • • • 1,946 3 5
73 85 Adam S. Goldstein Ameriprise Financial Calabasas • • • 2,813 1 3.5
74 62 George Papadoyannis Ameriprise Financial San Mateo • • • 2,265 2.5 6.5
75 78 Andrew Palmer Evoke Advisors Los Angeles • • 2,763 20 25
76 42 Michael Baumer Morgan Stanley Private Wealth Mgmt San Francisco • • 7,456 50 75
77 N Robert Carmichael RBC Wealth Mgmt Walnut Creek • • • 1,235 5 10
78 71 James Demmert Main Street Research Sausalito • • • • • 1,750 7 38
79 N Justin Tipp J.P. Morgan Wealth Mgmt San Francisco • • • 2,688 3.3 10
80 N Shawn Sladek Merrill Wealth Mgmt Walnut Creek • • 1,734 3 5
81 82 William Wheatley Merrill Wealth Mgmt Newport Beach • • • 1,257 3 4
82 N Brian Parker EP Wealth Advisors Torrance • • 1,233 1.2 4
83 N Joseph McCullough Morgan Stanley Private Wealth Mgmt Los Angeles • • • • 17,856 25 75
84 44 L. Greg Fullmer Morgan Stanley Private Wealth Mgmt Los Angeles • 1,611 25 75
85 69 Ryan McClellan UBS Private Wealth Mgmt Los Angeles • • 34,759 30 50
86 N Dan McCormick Morgan Stanley Private Wealth Mgmt Menlo Park • • • • 25,352 50 100
87 91 Justin Vaicek Merrill Private Wealth Mgmt Newport Beach • • • 2,257 25 50
88 N Mark Varo Merrill Private Wealth Mgmt Beverly Hills • • • 4,008 15 50
89 51 Jack Wong Morgan Stanley Wealth Mgmt Mountain View • • • 1,510 10 15
90 59 Jeffrey Traum Morgan Stanley Private Wealth Mgmt Menlo Park • • • 3,721 20 50
91 79 Aric Zamel UBS Private Wealth Mgmt Beverly Hills • • • • 2,083 10 20
92 45 James Greenfield Morgan Stanley Private Wealth Mgmt San Francisco • • • 3,535 15 30
93 67 Andrew Basch Morgan Stanley Private Wealth Mgmt Los Angeles • • • 3,526 10 20
94 N Ash Chopra Syon Capital San Francisco • • • 2,012 60 100
95 60 Darren Pfefferman Morgan Stanley Private Wealth Mgmt San Diego • • • 2,259 15 35
96 102 Michael Allard CalBay Investments Danville • • • 1,011 1.5 4.5
97 96 John Acker UBS Private Wealth Mgmt Los Angeles • • • 1,905 5 10

N=not ranked
March 11, 2024 BARRON’S S21

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

CALIFORNIA (continued)
98 80 Philip Walters Wells Fargo Advisors Beverly Hills • • • $4,976 $10 $40
99 100 Vivek Thoppay Merrill Wealth Mgmt San Jose • • 1,027 5 10
100 87 Micah Scheinberg Alex. Brown | Raymond James Century City • • 2,100 17.5 50
101 103 Pedro Marti Rockefeller Capital Mgmt Los Angeles • • 1,344 5 75
102 118 Daniel Murphy Morgan Stanley Wealth Mgmt Palo Alto • • • 188,273 5 10
103 83 Anthony Jones Morgan Stanley Private Wealth Mgmt San Francisco • • • • 10,016 30 50
104 98 Mark Hebner Index Fund Advisors Irvine • • • • 1,438 3.6 3.6
105 95 Jennifer Garcia Wells Fargo Advisors Encino • • 1,263 20 25
106 86 Grant Lee Morgan Stanley Private Wealth Mgmt San Francisco • • 4,588 15 25
107 92 Matthew Sheehan Morgan Stanley Private Wealth Mgmt Menlo Park • • 4,008 10 25
108 76 Tony daRoza Merrill Private Wealth Mgmt San Francisco • • 2,077 25 40
109 N John Krambeer Validus Capital El Segundo • • 1,576 15 50
110 66 James Klein Morgan Stanley Private Wealth Mgmt Los Angeles • • • 5,258 20 35
111 99 Brett Berry J.P. Morgan Wealth Mgmt Menlo Park • • • • 1,168 10 25
112 109 Braydon Hamilton UBS Private Wealth Mgmt La Jolla • • 1,535 10 20
113 106 Matthew Gallo Merrill Wealth Mgmt Walnut Creek • • • 1,029 1.7 4
114 117 Jason Hayes Merrill Wealth Mgmt San Francisco • • • 1,366 10 15
115 105 Mark Udis Certuity Manhattan Beach • • 4,126 50 50
116 88 Anouchka Balog Morgan Stanley Wealth Mgmt Laguna Niguel • • • 1,070 5 15
117 110 Sonny Kothari Merrill Wealth Mgmt Brea • • 1,313 3.5 6
118 114 David Jasper UBS Private Wealth Mgmt San Francisco • • • 2,048 50 50
118 94 Victoria Bailey Morgan Stanley Private Wealth Mgmt Menlo Park • • • • 5,468 50 150
120 115 Michael Evans UBS Private Wealth Mgmt San Francisco • • • 2,048 50 50

COLORADO
1 1 Shawn Fowler Morgan Stanley Private Wealth Mgmt Denver • $14,226 $47 $96
2 2 Jonathan Beukelman UBS Private Wealth Mgmt Denver • • • 5,219 15 30
3 3 Maxwell Bull Morgan Stanley Private Wealth Mgmt Denver • 14,226 47 96
4 4 Wally Obermeyer Obermeyer Wood Investment Counsel Aspen • • 2,120 5 20
5 5 Scott Thisted Merrill Private Wealth Mgmt Denver • • 3,388 25 25
6 6 Melissa Corrado-Harrison UBS Private Wealth Mgmt Denver • • 1,457 45 65
7 7 Donna Di Ianni Merrill Wealth Mgmt Aspen • • • 1,949 25 45
8 N Michael Caplan Invictus Private Wealth Denver • • • • 1,025 4 5
9 9 Joseph Brienza UBS Private Wealth Mgmt Denver • • • • 2,649 45 100
10 N Steve Booren Prosperion Financial Advisors Greenwood Village • • • 1,400 3 10
11 8 Scott Sparks Sparks Financial Denver • • • 1,186 3 10
12 11 Joseph Janiczek Janiczek Wealth Mgmt Denver • • • 1,029 4 7
13 14 Mark Brown Brown & Company Denver • • 706 7 15
14 12 Gary Cooper UBS Private Wealth Mgmt Denver • • 2,207 10 25
15 16 Drew Lautrup Merrill Wealth Mgmt Denver • • • 818 7.5 10
16 N Craig Kinard UBS Private Wealth Mgmt Denver • • • 1,169 4 7
17 18 David Surofchek Morgan Stanley Wealth Mgmt Colorado Springs • • • 2,178 3 5
18 13 Ali Flynn Phillips Obermeyer Wood Investment Counsel Aspen • • 2,120 5 20

CONNECTICUT
1 1 Jeff Erdmann Merrill Private Wealth Mgmt Greenwich • $12,023 $40 $60
2 2 William Greco UBS Wealth Mgmt Hartford • • • 4,859 8.5 11.5
3 3 Brian Hetherington Merrill Private Wealth Mgmt New Canaan • • 4,378 40 60
4 6 Matthew Somberg Gottfried & Somberg Wealth Mgmt Glastonbury • • • • • • 1,850 3 6
5 11 Charles J. Noble III Janney Montgomery Scott New Haven • • • 1,507 6 12
6 12 Ken Steeves Creative Planning Orange • • • 1,712 4 25
7 9 Thomas Vacheron Merrill Private Wealth Mgmt Fairfield • • 2,420 10 30
8 8 Bryan Stepanian Alex. Brown | Raymond James Greenwich • • • 2,500 50 250
9 7 Harold Trischman Morgan Stanley Wealth Mgmt Greenwich • • • • • • 3,132 5 15
10 13 Robert Paolucci Principle Wealth Partners Madison • • 2,200 6 8
11 N Carl Zuckerberg RZH Advisors Stamford • • 1,503 8.5 16
12 5 Thomas Frame Morgan Stanley Private Wealth Mgmt Greenwich • • 1,960 8 15
13 4 Peter Chieco Morgan Stanley Wealth Mgmt Greenwich • • • 3,395 7 15
14 10 Rob Giannetti Merrill Private Wealth Mgmt Greenwich • • • • 12,023 40 60
15 14 Jeffrey Corliss RDM Financial Group | Hightower Westport • • • 1,000 3.5 7
16 28 David Goodwin Merrill Wealth Mgmt Hartford • • • 1,177 6.5 10
S22 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

CONNECTICUT (continued)
17 20 Matthew Lasko UBS Private Wealth Mgmt Stamford • • • • $11,055 $15 $30
18 17 Teresa Jacobsen UBS Private Wealth Mgmt Stamford • • • 1,424 10 25
19 N Frank Lockwood UBS Wealth Mgmt Stamford • • • 1,603 10 10
20 18 Thomas Hutchison Merrill Wealth Mgmt New Haven • • • 1,986 3 5
21 29 Chad Czerwinski UBS Wealth Mgmt Hartford • • • 1,977 7 20
22 19 Jason Cerniglia Ameriprise Financial Mystic • • • 1,847 1.4 4
23 21 Joshua Kampf Merrill Wealth Mgmt New Haven • • • 1,986 3 5
24 104 N.Y. Ira Millman Morgan Stanley Wealth Mgmt Westport • • • 1,394 12.5 30
25 N Nancy Daoud Ameriprise Financial Oxford • • • 1,581 1.8 6
26 N Jenny Harrington Gilman Hill Asset Mgmt New Canaan • • 766 1.3 5
27 22 Jon Newman Ameriprise Financial Greenwich • • 377 2 10
28 15 Vincent Mancuso Morgan Stanley Wealth Mgmt Greenwich • • • 3,385 7 15
29 27 Will Gourd UBS Private Wealth Mgmt Stamford • • • 2,638 25 40
30 33 Andrew Worthington UBS Wealth Mgmt Hartford • • 2,028 6 7
31 N Dennis Stanek Jr. RBC Wealth Mgmt Farmington • • • • • • 858 7 12
32 24 John Goodwin Morgan Stanley Private Wealth Mgmt Stamford • • • 3,066 40 75
33 30 Andrew Shantz UBS Private Wealth Mgmt Stamford • • 2,189 35 75
34 36 Elizabeth Angelone Merrill Wealth Mgmt Greenwich • • • 1,580 6.3 9.3
35 35 Ashley Martella UBS Wealth Mgmt Hartford • • • 2,028 5 7
36 N Matthew Tackman Merrill Wealth Mgmt Ridgefield • • • 1,203 2.5 4

DELAWARE
1 1 Kimberlee Orth Ameriprise Financial Wilmington • • • $2,870 $7.8 $18.6
2 3 Donald DeWees Jr. Wells Fargo Advisors Greenville • • • • 1,096 4 7
3 2 Thomas Weisenfels Merrill Wealth Mgmt Wilmington • • • 683 1.5 3.5
4 4 Thomas Rice Merrill Wealth Mgmt Wilmington • • • 1,559 3.5 7
5 N Michael Porter Janney Montgomery Scott Greenville • • • • 1,061 2.5 7.5
6 N Michael Koppenhaver Merrill Wealth Mgmt Dover • • • 551 2 3

DISTRICT OF COLUMBIA
1 1 Marvin McIntyre Morgan Stanley Private Wealth Mgmt Washington • • • • • $5,698 $10 $25
2 6 Keith Apton UBS Private Wealth Mgmt Washington • • 5,345 10 30
3 11 Nick Francia UBS Private Wealth Mgmt Washington • • 5,345 10 30
4 13 Tom Rietano Merrill Private Wealth Mgmt Washington • • 2,485 20 25
5 2 John M. Williams Morgan Stanley Private Wealth Mgmt Washington • • • • 3,756 20 35
6 3 Jonathan Legg Morgan Stanley Private Wealth Mgmt Washington • • 2,038 75 100
7 10 Gregory Marcus UBS Private Wealth Mgmt Washington • • 971 30 75
8 16 Jason Goldstein Raymond James Washington • • • • 4,200 35 55
9 9 John McKnight Merrill Wealth Mgmt Washington • • 2,803 6.5 10
10 12 James New UBS Private Wealth Mgmt Washington • • 2,932 12 20
11 15 Richard Harris Alex. Brown | Raymond James Washington • • • • • 3,750 7.5 25
12 19 Rod von Lipsey UBS Private Wealth Mgmt Washington • • 1,360 20 30
13 5 Brett Anthony Morgan Stanley Wealth Mgmt Washington • • • • 5,695 12 25
14 4 Michael O’Neill Morgan Stanley Private Wealth Mgmt Washington • • 3,079 25 35
15 20 William Finnerty UBS Private Wealth Mgmt Washington • • • 766 15 30
16 18 Frederick Shreves Wells Fargo Advisors Washington • • • • 4,362 4 10
17 N Justin Gaither Merrill Wealth Mgmt Washington • • • 1,914 6.5 8
18 7 Barry Haffner UBS Private Wealth Mgmt Washington • • 1,095 5 7.5
19 17 Dexter Walker Morgan Stanley Private Wealth Mgmt Washington • • 1,859 15 25
20 14 H.L. McLaughlin III Morgan Stanley Wealth Mgmt Washington • • • • 5,651 12 25
21 N Ronya Corey Merrill Wealth Mgmt Washington • • 897 3 10
22 N Grantham Myers UBS Private Wealth Mgmt Washington • • 902 22 26
23 24 Robert Allred UBS Private Wealth Mgmt Washington • • • 718 3 5
24 22 Donald A. Caron Jr. Morgan Stanley Private Wealth Mgmt Washington • • • 1,365 7.5 10

FLORIDA
1 1 Brian Pfeifler Morgan Stanley Private Wealth Mgmt Palm Beach • • • $12,257 $75 $100
2 2 Scott Siegel Morgan Stanley Wealth Mgmt Boca Raton • • • 7,886 20 50
3 N Thomas Moran Moran Wealth Mgmt Naples • • • 4,158 5 25
4 3 Kevin Peters Morgan Stanley Wealth Mgmt Palm Beach • • 8,056 16.6 91

N=not ranked
March 11, 2024 BARRON’S S23

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

FLORIDA (continued)
5 5 Adam Carlin Morgan Stanley Private Wealth Mgmt Coral Gables • • $5,558 $20 $25
6 4 Deborah Montaperto Morgan Stanley Private Wealth Mgmt Palm Beach • 39,813 100 150
7 7 Salvatore Tiano J.P. Morgan Wealth Mgmt Jupiter • • • • • • 3,482 20 40
8 13 Andrew Vahab J.P. Morgan Wealth Mgmt Boca Raton • • 3,872 12.5 30
9 6 John Elwaw Morgan Stanley Wealth Mgmt Miami • • 3,049 5 25
10 8 Dominic Casanueva Merrill Wealth Mgmt Lakewood Ranch • • • • 10,109 1.5 3
11 38 Michael Beckerman Merrill Private Wealth Mgmt Coral Gables • • 3,242 50 75
12 30 N.Y. Michael Sawyer Morgan Stanley Private Wealth Mgmt Miami • • 25,828 40 80
13 10 Ed Ventrice UBS Private Wealth Mgmt Boca Raton • • 2,949 15 30
13 10 Michael Bober UBS Private Wealth Mgmt Boca Raton • • 2,949 15 30
15 12 Peter Bermont Raymond James Coral Gables • • • • • 3,335 10 30
16 17 Michelle Mayer Merrill Private Wealth Mgmt Naples • • 2,069 40 75
17 4 Minn. Brad Wheelock RBC Wealth Mgmt Naples • • • • 1,804 3.5 6
18 14 Roy Apple J.P. Morgan Wealth Mgmt Palm Beach Gardens • • 2,845 10 20
19 19 Mark Thorndyke Merrill Wealth Mgmt Naples • • • 2,584 7 15
20 16 Joseph Matina UBS Private Wealth Mgmt Naples • • 2,067 10 25
21 N Joseph Small Small World Wealth Mgmt | Fort Myers • • • 1,323 0.8 2
Northwestern Mutual
22 44 Nick Sadowsky UBS Private Wealth Mgmt Boca Raton • • 4,278 50 100
23 22 Margaret Starner Raymond James Coral Gables • • 1,510 5 7
24 24 Trevor Fried Morgan Stanley Wealth Mgmt Fort Lauderdale • • • 1,375 3 5
25 20 Jason Stephens UBS Private Wealth Mgmt Naples • • 1,692 15 25
26 25 James McLaughlin Princeton Wealth Advisors | Vero Beach • • • 2,454 3 5
Raymond James
27 30 Michael McCain Clarity Wealth Naples • • • 3,828 10 15
28 34 Eric Glasband RBC Wealth Mgmt Boca Raton • • 1,595 9.2 16.2
29 N Eric Propper CIBC Private Wealth West Palm Beach • • • 1,419 27.9 50
30 21 Don d’Adesky Raymond James Boca Raton • • • • 6,084 25 25
31 15 Sean Fetterman Morgan Stanley Wealth Mgmt Boca Raton • • 2,046 15 30
32 33 Keith Rowling Merrill Wealth Mgmt Palm Beach • • • 1,645 10 25
33 31 Douglas Braff UBS Private Wealth Mgmt West Palm Beach • • • • 11,207 5 10
34 N Jeremy Paul Perigon Wealth Mgmt Boca Raton • • • • 3,686 2 20
35 61 Saroj Kasturi Ameriprise Financial Palm Coast • • • 2,868 0.4 0.9
36 11 N.J. Frank Seminara Morgan Stanley Private Wealth Mgmt Palm Beach • • 2,952 15 20
37 36 John Olson Merrill Private Wealth Mgmt West Palm Beach • • 2,481 8 15
38 29 Andrew Schultz Morgan Stanley Private Wealth Mgmt Miami Beach • • 1,493 15 40
39 18 Linda Stephans Morgan Stanley | Graystone Consulting Palm Beach • • • • 8,028 150 100
40 60 Andrew Plum UBS Private Wealth Mgmt West Palm Beach • • 1,240 15 25
41 49 Christopher Aitken UBS Private Wealth Mgmt Ponte Vedra Beach • • 1,230 25 50
42 39 Randy Hallier Creative Planning St. Petersburg • • • 1,299 2.1 5
43 59 Chris Garvin UBS Private Wealth Mgmt Fort Lauderdale • • 1,802 5 10
44 57 Robert Dwyer Merrill Wealth Mgmt Punta Gorda • • • • 10,059 3 5
45 N Eric Diton The Wealth Alliance Boca Raton • • • • 1,699 3 6
46 28 Marc Fischer Morgan Stanley | Graystone Consulting Naples • • • • • • 4,083 45 45
47 45 William Merriam Merrill Wealth Mgmt Jacksonville • • • • • • 1,442 2 5
48 23 Rod Aronson Morgan Stanley Private Wealth Mgmt Palm Beach • • • • 2,729 25 40
49 42 Jose Cabrera Raymond James Coral Gables • • • • 6,084 25 25
50 47 Adam Palmer Morgan Stanley | Graystone Consulting Tampa • • • • • • 8,951 9 12
51 48 Thomas Ruggie Ruggie Wealth Mgmt Tavares • • • 1,094 1.5 3
52 40 Louise Armour J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • 1,631 10 25
53 26 Manish Mehta UBS Private Wealth Mgmt Winter Park • • • 1,773 5 7
54 70 Joel Manings Merrill Wealth Mgmt St. Petersburg • • • 995 1.9 2.5
55 N Garrett Burke Merrill Private Wealth Mgmt Heathrow • • 1,848 1 10
56 N Brendan Burke Merrill Private Wealth Mgmt Heathrow • • 1,848 1 10
57 55 Bobby Kolev Morgan Stanley Wealth Mgmt Aventura • • • • 3,828 50 100
58 68 Kurt Sylvia J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • 1,215 15 45
59 50 Jeff Hausinger All Seasons Wealth Tampa • • • 785 1.2 3
60 62 Mark Donohue J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • • 1,191 10 25
61 51 Scott Owens Morgan Stanley | Graystone Consulting Tampa • • • • 7,850 8 10
62 71 David Barcomb Merrill Wealth Mgmt Sarasota • • • • 1,316 10 15
63 66 Shon Flaharty Flaharty Asset Mgmt Clearwater • • • • 915 0.8 5
S24 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

FLORIDA (continued)
64 39 Ill. Michael Cohen Morgan Stanley Wealth Mgmt Naples • • $2,014 $1 $2
65 53 Gregory O’Hare Merrill Private Wealth Mgmt Palm Beach Gardens • • 1,195 25 40
66 N Daryl Emerson Merrill Wealth Mgmt Winter Park • • • 1,159 2 3
67 74 Erick Ellsweig Merrill Wealth Mgmt West Palm Beach • • 2,423 4 7
68 78 Daryn Pingleton Merrill Wealth Mgmt West Palm Beach • • • 1,289 4 5
69 64 Michael Silver Baron Silver Stevens Financial Advisors Boca Raton • • • • • 905 1.5 4
70 72 Rachel Barzilay Merrill Wealth Mgmt Boca Raton • • • 1,296 6 10
71 79 Matthew Lytell Riverwalk Wealth Advisors |
Northwestern Mutual
Tampa • • • 1,030 2.5 6

72 63 Kevin Johnson Morgan Stanley Private Wealth Mgmt Naples • • • 1,845 35 65

73 52 Thais Piotrowski Ameriprise Financial Boca Raton • • • • 1,072 5 10
74 N Matt Kilgroe Cyndeo Wealth Partners St. Petersburg • • • 1,800 4 5
75 43 Eric Applewhite Morgan Stanley Wealth Mgmt Boca Raton • • • 3,215 2 5
76 75 Michael Romanchuk Merrill Wealth Mgmt Miami • • • 1,399 12 25
77 73 Douglas Simon Raymond James Palm Beach Gardens • • 991 12.6 16
78 69 George Perez GenTrust Miami • • 3,006 10 10
79 77 Kevin Hammer Merrill Wealth Mgmt Delray Beach • • • 1,290 5 7
80 23 Conn. Thomas Mantione UBS Private Wealth Mgmt Vero Beach • • 2,189 35 75
81 76 William LaPato Merrill Wealth Mgmt Boca Raton • • • 725 5 8
82 N Dale Cebert Ameriprise Financial The Villages • • 790 0.5 1
83 N Adam Rosenfeld Merrill Private Wealth Mgmt Miami • • 910 35 300
84 58 Aimee Cogan Morgan Stanley Wealth Mgmt Sarasota • • • • 1,636 10 20

GEORGIA
1 3 Robert Balentine Balentine Atlanta • • • • $7,153 $24.5 $30
2 1 Rod Westmoreland Merrill Private Wealth Mgmt Atlanta • • 4,625 25 60
3 5 Craig Savage William Blair Atlanta • • • • 7,659 10 30
4 N Kelly Westmoreland Merrill Private Wealth Mgmt Atlanta • • 4,625 25 60
5 2 James Hansberger Morgan Stanley Private Wealth Mgmt Atlanta • • • • 2,800 25 50
6 4 Brian Frank Morgan Stanley Private Wealth Mgmt Atlanta • • 2,540 10 25
7 26 Thomas Epperson Rockefeller Capital Mgmt Atlanta • 2,500 50 100
8 6 David Higgins Rockefeller Capital Mgmt Atlanta • • 1,950 61 100
9 8 Justin Ryan Rockefeller Capital Mgmt Atlanta • • 2,300 57 125
10 14 Michael Hines Consolidated Planning Corporation Atlanta • • • 1,446 3 4.5
11 7 Andrew Harbour Morgan Stanley Wealth Mgmt Atlanta • • • • • 12,205 5 10
12 N Earle Dodd UBS Private Wealth Mgmt Atlanta • • 14,800 350 700
13 N Scott Thompson CIBC Private Wealth Atlanta • • 1,987 37 245
14 9 Michael Merlin Rockefeller Capital Mgmt Atlanta • • 1,792 10 25
15 12 Donna Joyner Merrill Wealth Mgmt Alpharetta • • 1,160 15 25
16 N Wen Nottebohm Cresset Atlanta • 6,166 20 50
17 N Brian Jenkins J.P. Morgan Wealth Mgmt Atlanta • • 3,708 30 47
18 11 Buck Wiley III Merrill Private Wealth Mgmt Atlanta • • • • 2,471 20 25
19 18 Todd Urowsky UBS Private Wealth Mgmt Atlanta • • • 3,342 10 15
20 15 Ryan Smith Northwestern Mutual Atlanta • • • 1,051 3 5
21 21 David Skid Morgan Stanley Wealth Mgmt Atlanta • • • 1,767 10 10
22 27 Andy Zager UBS Private Wealth Mgmt Atlanta • • • 1,840 4 5
23 22 Kevin Higginbotham Merrill Wealth Mgmt Atlanta • • • • • 105,476 15 40
24 23 Jay Jowers Merrill Private Wealth Mgmt Atlanta • 2,363 35 45
25 N Mark King UBS Private Wealth Mgmt Atlanta • • • 946 25 40
26 N James Kaufman Merrill Wealth Mgmt Atlanta • • • 105,476 10 30
27 13 Saul Levy Morgan Stanley Wealth Mgmt Atlanta • • 2,764 10 20
28 19 Graham Roberts Morgan Stanley Wealth Mgmt Atlanta • • • • 2,400 10 20
29 28 Bill Pahl UBS Private Wealth Mgmt Atlanta • • • 2,369 10 15
30 16 Bert Ponder Merrill Private Wealth Mgmt Atlanta • • • • 2,363 15 35

HAWAII
1 1 Matthew Megorden UBS Wealth Mgmt Honolulu • • • $949 $3 $7
2 N Eric Fujimoto Ameriprise Financial Honolulu • • • • 1,070 2 7
3 3 Peter Backus Morgan Stanley Wealth Mgmt Honolulu • • • 3,769 5 10
4 2 Wang Kar Lee Morgan Stanley Wealth Mgmt Honolulu • • • • • • 1,873 2 4

N=not ranked
March 11, 2024 BARRON’S S25

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

HAWAII (continued)
5 4 Alan Kodama Pacstar Financial Group Honolulu • • $336 $0.3 $1.5
6 N Gregg Takara Morgan Stanley Wealth Mgmt Honolulu • • • • • 1,298 3 5

IDAHO
1 2 Robert Brian King RBC Wealth Mgmt Eagleo • • $1,032 $5 $10
2 1 Dale Miller Morgan Stanley Private Wealth Mgmt Coeur d’Alene • • 3,263 13.5 15
3 3 Sandy Dalton UBS Private Wealth Mgmt Boise • • • • 1,105 8 12
4 5 Justin Samples Ameriprise Financial Boise • • • • 1,221 1 2
5 4 Bruce Davidson Wells Fargo Advisors Boise • • • • 929 5 20
6 6 Uwe Ruttke Merrill Wealth Mgmt Boise • • • 1,016 4.5 9

ILLINOIS
1 3 Paul Tashima UBS Private Wealth Mgmt Chicago • • $36,763 $100 $500
2 2 Thomas Wilson William Blair Chicago • • • 6,275 15 25
3 1 John Cultra William Blair Chicago • • 4,773 18 28
4 N Tom Bridges CIBC Private Wealth Chicago • • • • 4,122 4.3 8.7
5 6 David Mabie Chicago Capital Chicago • • 2,829 4.7 10
6 7 Peter Lee Summit Trail Advisors Chicago • • • 3,308 25 65
7 4 Steven Hefter HLM Capital Management Group Highland Park • • 2,651 12 30
8 10 Cameron McKinney William Blair Chicago • • • • 5,310 30 50
9 12 John Cimaroli William Blair Chicago • • • • 5,310 30 50
10 5 Brian Hahn Neuberger Berman Chicago • • 2,241 10 25
11 14 Scott Magnesen Morgan Stanley Wealth Mgmt Oak Brook • • • 5,526 2 3.5
12 9 Raj Bhatia Merrill Private Wealth Mgmt Chicago • • • • 2,108 15 25
13 11 Steve Jesanis William Blair Chicago • • • • • 2,821 6 25
14 18 Daniel Grant William Blair Chicago • • 2,264 15 25
15 17 Daniel Fries Merrill Wealth Mgmt Chicago • • • 1,738 3 5
16 8 Andrew Griffo Morgan Stanley Wealth Mgmt Chicago • • • • 44,465 10 20
17 16 Carlette McMullan William Blair Chicago • • • • 1,734 5 15
18 13 James Whitney Morgan Stanley | Graystone Consulting Chicago • • 4,657 50 100
19 19 Louise Lane William Blair Chicago • • • • 1,685 5 10
20 26 Louis Paster UBS Private Wealth Mgmt Chicago • • 36,763 100 500
21 24 Matthew Dillig The Dillig Bowen Group | Hightower Northbrook • • • 1,950 35 50
21 25 David Wright Merrill Private Wealth Mgmt Chicago • • • • 3,124 25 35
23 15 Michael Gallagher Morgan Stanley Wealth Mgmt Chicago • • • • 8,670 2.5 5
24 N Christopher DeMonte Cresset Chicago • • • 2,965 20 50
25 23 Benjamin Klein Merrill Wealth Mgmt Northbrook • • • 1,222 5 10
26 29 Sharon Oberlander Merrill Wealth Mgmt Chicago • • • 1,949 5 12
27 22 David Brown William Blair Chicago • • • 1,160 1 10
28 30 Patrick Baldwin Merrill Private Wealth Mgmt Chicago • • 5,766 25 35
29 32 Michael Marcovici Merrill Private Wealth Mgmt Chicago • • 5,766 25 35
30 20 Kristina Van Liew Morgan Stanley | Graystone Consulting Chicago • • • • 8,028 150 100
31 31 Jay Maltby UBS Private Wealth Mgmt Chicago • • 3,275 10 15
32 49 Jason Beckwith Merrill Wealth Mgmt Chicago • • • 1,302 5 7.5
33 35 Thomas Kane Merrill Private Wealth Mgmt Chicago • 7,187 35 75
34 N Chris Baldwin Merrill Private Wealth Mgmt Chicago • • 3,530 25 50
35 33 Mike Covey Merrill Private Wealth Mgmt Chicago • 7,187 35 75
36 27 Ajay Desai UBS Private Wealth Mgmt Chicago • • • 2,374 30 100
37 43 Tony Hoban William Blair Chicago • • 1,687 15 25
38 45 Thomas Marx William Blair Chicago • • • • 1,246 6 12
39 N Joe Lamberti Merrill Private Wealth Mgmt Chicago • • 2,486 15 25
40 42 Joseph Kartheiser Morgan Stanley Private Wealth Mgmt Chicago • • • 3,025 15 25
41 N Joseph Scandariato Merrill Wealth Mgmt Chicago • • • 1,966 6 12
42 N Ari Paxinos Merrill Private Wealth Mgmt Chicago • • 2,486 15 25
43 51 Tom Kilborn Merrill Wealth Mgmt Northbrook • • • 1,249 5 8
44 50 Douglas Mabie Baird Chicago • • • • 914 5 10
45 47 Russell McLean McLean Wealth Mgmt |
Wells Fargo Advisors FiNet
Oak Brook • • • 1,360 3 6

46 N Kevin Spahn Spahn Financial | Northwestern Mutual Lombard • • • 1,317 3 8

47 28 Kathleen Roeser Morgan Stanley Wealth Mgmt Chicago • • • • 1,930 10 18
48 57 John Hammond Merrill Wealth Mgmt Northbrook • • • 1,297 6.5 10
S26 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

ILLINOIS (continued)
49 40 Brian Marshall William Blair Chicago • • • • $969 $3 $5
50 N Trevor Mathias Morgan Stanley Wealth Mgmt Chicago • • • 1,149 4 5
51 58 Jacqueline Moss William Blair Chicago • • 1,088 30 40
52 52 John Stevenson Jr. Wells Fargo Advisors Quincy • • • • • 1,558 2 3
53 60 Rod Loewenthal UBS Private Wealth Mgmt Northbrook • • 1,150 6 8
54 53 Robert Siracusano Wells Fargo Advisors FiNet Naperville • • • 864 3.5 5
55 59 Brett White Ameriprise Financial Oakbrook Terrace • • 1,299 0.8 2.3
56 34 Brad DeHond Morgan Stanley Private Wealth Mgmt Chicago • • • 3,313 45 50
57 38 David Wilkinson Morgan Stanley Private Wealth Mgmt Chicago • • 1,220 35 40
58 N Steven Lopez Merrill Private Wealth Mgmt Chicago • • 2,175 25 50
59 36 Mark Birringer Alex. Brown | Raymond James Chicago • • 2,029 25 40
60 41 Ted Davis Morgan Stanley Wealth Mgmt Chicago • • 1,009 2.5 3

INDIANA
1 2 John Cate Merrill Wealth Mgmt Indianapolis • • • $21,683 $450 $1,000
2 1 Wm. Craig Dobbs Morgan Stanley | Graystone Consulting Indianapolis • 37,007 203.6 252.2
3 4 Martin Gregor Merrill Private Wealth Mgmt Indianapolis • • • 5,503 30 60
4 3 Eric Payne Merrill Wealth Mgmt Indianapolis • • 2,696 5 8
5 6 Ronald Mencias Merrill Wealth Mgmt Indianapolis • • 2,696 5 8
6 7 Christopher Moore Ameriprise Financial Fort Wayne • • 1,245 2.3 4.3
7 9 Daniel Finley Merrill Wealth Mgmt Fort Wayne • • • • 1,451 2 5
8 17 Jonathan Klausner Morgan Stanley Wealth Mgmt Indianapolis • • • 2,739 6 12
9 8 Brian Austin Ameriprise Financial Indianapolis • • 1,732 1.2 2.1
10 13 Eric Brunton Merrill Wealth Mgmt Indianapolis • • • • 15,897 3.3 4.5
11 5 John Perry Morgan Stanley Private Wealth Mgmt Indianapolis • • • 2,175 20 30
12 14 John Schutz Baird Evansville • • 728 0.8 2
13 10 Chris Cooke Cooke Financial Group Indianapolis • • • • 2,425 5 8
14 10 Brian Cooke Cooke Financial Group Indianapolis • • • • 2,425 5 8
15 15 K. Gregory Akers Merrill Wealth Mgmt Indianapolis • • • • 1,825 3 5
16 12 Scott Saxe Saxe Pinkston Financial Group |
Wells Fargo Advisors FiNet
Evansville • • • 1,031 2 3

17 16 John Duffy Morgan Stanley Wealth Mgmt Indianapolis • • • • 2,730 6 8

18 N Terry Wheeler Merrill Wealth Mgmt Evansville • • • 1,870 1.5 2.5

IOWA
1 1 Bryan Boesen Morgan Stanley Wealth Mgmt Des Moines • • $2,236 $10 $20
2 N Ed McGill McGill Junge Wealth Mgmt |
Northwestern Mutual
Clive • • • • 1,153 2.5 6.6

3 3 Timothy Finucan Edward Jones Webster City • • • 840 1 4

4 4 Jeffrey Brandt Ameriprise Financial West Des Moines • • 1,415 1 4
5 2 Matt Fryar Fryar Private Wealth |
Wells Fargo Advisors FiNet
West Des Moines • • 1,032 5 6

6 5 Eli Wynes United Iowa Financial Iowa City • • • • • 912 0.5 1

KANSAS
1 1 Brenna Saunders Creative Planning Overland Park • • $2,885 $30.1 $100
2 3 Trey Barnes Mariner Wealth Advisors Overland Park • • • 3,658 1.1 10
3 2 Timothy Sutton Creative Planning Overland Park • • • 1,564 2.6 15
4 6 Jay Beebe Creative Planning Overland Park • • • 1,834 3.9 12
5 5 Jake Kern Mariner Wealth Advisors Overland Park • • • 3,658 1.1 6
6 N Jessica Culpepper Creative Planning Overland Park • 2,641 32.2 80

KENTUCKY
1 4 William Watson Ameriprise Financial Owensboro • • • $1,846 $0.8 $2.3
2 8 Douglas Kisker Ameriprise Financial Crestview Hills • • • • 1,763 2.3 2.5
3 3 Travis Musgrave Merrill Wealth Mgmt Lexington • • • 1,040 5 8
4 5 Mitch Settle Baird Owensboro • • • 970 1 1.8
5 2 Thomas Perrone Morgan Stanley Wealth Mgmt Louisville • • • • • 1,643 1.3 1.5
6 N Lawrence Nagel Merrill Private Wealth Mgmt Louisville • • • • 2,375 20 40

N=not ranked
March 11, 2024 BARRON’S S27

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

KENTUCKY (continued)
7 12 Pamela Thompson Mariner Wealth Advisors Louisville • • $660 $1.2 $6
8 10 Dan Foutch Baird Glasgow • • • • 956 1.3 2.5
9 7 Shannon Vitale Baird Bowling Green • • • 1,824 0.4 1
10 11 Mark Switow UBS Private Wealth Mgmt Louisville • • 11,055 8.5 24
11 N Kellie Sheryak UBS Private Wealth Mgmt Louisville • • 6,046 5 10
12 9 Morgan Fister Morgan Stanley Wealth Mgmt Lexington • • • 1,289 3 5

LOUISIANA
1 1 Curtis Eustis Merrill Private Wealth Mgmt New Orleans • • • $1,795 $10 $27.5
2 2 James Spiro Morgan Stanley Wealth Mgmt New Orleans • • • 2,857 1 5
3 N Kevin Murphy Ameriprise Financial Shreveport • • 956 0.5 1.5
4 3 Scott Hardie Merrill Wealth Mgmt New Orleans • • • • • 1,723 4 6
5 4 Jacque Kuchta UBS Wealth Mgmt New Orleans • • • 938 3.5 7
6 5 Don Celestin Morgan Stanley Wealth Mgmt Mandeville • • • • 1,056 2.5 5

MAINE
1 1 Brian Clement RBC Wealth Mgmt Portland • • • • $773 $3 $7
2 5 Robertson Breed F.L.Putnam Investment Mgmt Portland • • • • • 713 3 7
3 6 Melissa Duffy White Pine Wealth Mgmt | Hightower Falmouth • • • 703 2 3.5
4 N Christopher Rogers Raymond James Portland • • • 971 3 5
5 N Gary Bergeron Morgan Stanley Wealth Mgmt Portland • • • • 771 2 5
6 N Andrew Thomas Morgan Stanley Wealth Mgmt Portland • • • 1,156 3 5

MARYLAND
1 2 Kent Pearce Merrill Wealth Mgmt Towson • • $2,596 $10 $20
2 1 Robert Scherer Morgan Stanley | Graystone Consulting Potomac • • • • • 14,487 25 25
3 3 Joseph Jacques Jacques Financial Rockville • • 1,796 1.3 3
4 4 Peter Dunne Merrill Wealth Mgmt Bethesda • • • • • 5,747 80 175
5 5 Jeff Leventhal Hightower Bethesda Bethesda • • 1,950 5 10
6 9 Barry Garber Alex. Brown | Raymond James Hunt Valley • • • 4,256 15 25
7 7 E. Geoffrey Sella SPC Financial Rockville • • 1,206 0.3 1.5
8 13 Thomas Lee Lee, Sipe & Associates Rockville • • • 1,165 2.4 3.2
9 11 Ross Charkatz Morgan Stanley | Graystone Consulting Potomac • • • • • • 14,460 25 25
10 6 Ted Smith Morgan Stanley Private Wealth Mgmt Baltimore • • 3,121 50 75
11 N Bruce Wall Merrill Wealth Mgmt Bethesda • • • 5,747 80 80
12 18 Ann Marie Etergino RBC Wealth Mgmt Chevy Chase • • • • • 1,725 10 25
13 16 Gregory Baker Merrill Wealth Mgmt Bethesda • • • 1,349 1 5
14 19 Richard Wagener Wagener Lee Wealth Advisors Columbia • • • • • 903 2 5
15 8 Brett Clifford Morgan Stanley Private Wealth Mgmt Baltimore • • • 3,062 30 75
16 15 David Giulieri Morgan Stanley Wealth Mgmt Bethesda • • • 1,874 3 10
17 23 Ryan Bowman Morgan Stanley Wealth Mgmt Rockville • • • • 3,675 3 10
18 20 Adam Rorrer Morgan Stanley Wealth Mgmt Bethesda • • • • • • 1,570 4.2 10
19 N Beth Rosenwald RBC Wealth Mgmt Baltimore • • • 770 3 7.5
20 24 Michael Riley RBC Wealth Mgmt Rockville • • • 823 2.1 5
21 10 James Meek Morgan Stanley | Graystone Consulting Baltimore • • • • 2,435 20 30
22 N William Orr Merrill Private Wealth Mgmt Frederick • • • • 1,209 20 25
23 N Jim Holzapfel Morgan Stanley Wealth Mgmt Hagerstown • • • • 2,290 1.5 3.5
24 N Matthew Clark William Blair Baltimore • • • • 882 5 10

MASSACHUSETTS
1 3 Raj Sharma Merrill Private Wealth Mgmt Boston • • $5,914 $15 $20
2 1 Peter Princi Morgan Stanley | Graystone Consulting Boston • • • 9,100 10 20
3 5 Susan Kaplan Kaplan Financial Services Newton • • 2,578 4 10
4 2 Kevin Grimes Grimes & Company Westborough • • 4,489 4 8
5 6 Thomas Bartholomew Bartholomew & Company Worcester • • • 4,348 4 10
6 10 Daniel Wilson Ameriprise Financial Auburndale • • 4,483 1 5
7 4 Devin Condron Morgan Stanley Private Wealth Mgmt Boston • • 5,574 25 75
8 12 Charles S. Bean III Heritage Financial Services Westwood • • • 2,396 2.5 4
9 7 Brian Strachan Morgan Stanley Private Wealth Mgmt Boston • • • 2,416 10 25
10 8 Victor T. Livingstone Morgan Stanley Private Wealth Mgmt Boston • • • • 6,356 75 100
11 9 John Lechner Morgan Stanley Private Wealth Mgmt Boston • • 6,969 25 100
S28 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)
MASSACHUSETTS (continued)
12 11 Richard F. Connolly Morgan Stanley Private Wealth Mgmt Boston • • • • • • $9,631 $5 $7.5
13 26 Christopher Dillon UBS Private Wealth Mgmt Boston • • • 2,316 10 15
14 14 David Javaheri Morgan Stanley Wealth Mgmt Wellesley • • 2,681 7.5 15
15 17 Gary McGuirk Merrill Private Wealth Mgmt Boston • • 2,975 42 55
16 24 Carl Cafaro Merrill Wealth Mgmt Newton • • 5,291 18 25
17 16 Andrew Zimmerman Merrill Wealth Mgmt Boston • • 1,997 15 25
18 N Ramzi Nuwayhid Merrill Private Wealth Mgmt Boston • • 1,946 35 40
19 20 Ira Rapaport New England Private Wealth Advisors Wellesley • • 2,481 7 9
20 18 Peter Noonan J.P. Morgan Wealth Mgmt Boston • • • 2,442 15 50
21 N Frederick Keator Keator Group Lenox • • • 860 2.5 8
22 25 Mary Mullin Merrill Wealth Mgmt Boston • • 1,465 7 15
23 13 Raju Pathak Morgan Stanley Wealth Mgmt Boston • • 1,725 7.5 15
24 21 Terrence McMahon Morgan Stanley Private Wealth Mgmt Boston • • 6,969 25 100
25 22 Stephen Kelliher Morgan Stanley Wealth Mgmt Norwell • • • • • • 4,840 10 10
26 15 William Sullivan UBS Private Wealth Mgmt Boston • • 1,174 25 50
27 30 Richard Miller Ameriprise Financial Wellesley • • • 1,602 0.7 2
28 29 Mark Winthrop Winthrop Wealth Westborough • • • 2,328 3.5 5
29 N Eric Breemen Merrill Wealth Mgmt Wellesley • • • 1,807 5 8
30 N Debra Brede D.K. Brede Investment Mgmt | GW & Wade Needham • • • 1,458 3 4

MICHIGAN
1 1 Charles C. Zhang Zhang Financial Portage • • • $5,531 $4 $6
2 3 David Kudla Mainstay Capital Mgmt Grand Blanc • • • 3,515 2 5
3 4 Timothy Long Merrill Wealth Mgmt Grand Rapids • • • • • • 6,504 6 10
4 5 Philip Appel Merrill Wealth Mgmt Bloomfield Hills • • 3,259 7.2 9
5 6 Dana Locniskar Merrill Private Wealth Mgmt Bloomfield Hills • • 4,010 15 50
6 7 Leo Stevenson Merrill Wealth Mgmt Wyandotte • • • 1,126 1.5 2.5
7 10 Aaron Romain Merrill Wealth Mgmt Farmington Hills • • • • 2,172 1 5
8 9 Melissa Spickler Merrill Wealth Mgmt Bloomfield Hills • • • 1,604 2 5
9 N Jason Klein Ameriprise Financial Portage • • 1,013 0.3 0.9
10 17 Bruce Ballard Merrill Wealth Mgmt Farmington Hills • • • 2,350 6 10
11 11 Brian Brice Morgan Stanley | Graystone Consulting Birmingham • • • • 5,555 5 10
12 30 Gautam Muthusamy Arcadia Capital Saline • • • 1,115 2 5
13 15 William Mackay Merrill Wealth Mgmt Grand Rapids • • • • • 6,504 2 5
14 29 Abraham Post Merrill Wealth Mgmt Bloomfield Hills • • • 1,139 6.5 10
15 21 Jay McGill Merrill Wealth Mgmt Auburn Hills • • • 1,045 3 5
16 19 Michael Rosloniec Morgan Stanley | Graystone Consulting Grand Rapids • • • • • 7,352 82 110
17 14 Marie Vanerian Merrill Wealth Mgmt Bloomfield Hills • • • • 2,697 10 20
17 27 Scott Bernecker Merrill Wealth Mgmt Grand Rapids • • • • • • 1,893 10 15
19 24 Jon Vigi UBS Private Wealth Mgmt Birmingham • • • • • 897 10 25
20 N Derek Ashcraft Merrill Private Wealth Mgmt Bloomfield Hills • • • 1,289 5.5 9.5
21 13 David Brazen Ameriprise Financial Troy • • 2,576 2 4
22 18 Timothy Brice Morgan Stanley | Graystone Consulting Birmingham • • • • 5,209 5 10
23 26 James Kruzan Kaydan Wealth Mgmt Fenton • • 693 1.8 3
24 28 John Mizzi Merrill Wealth Mgmt Dearborn • • • 774 1 1.8
25 N Mark Rogers Morgan Stanley Wealth Mgmt Farmington Hills • • • • • • 2,106 2 5
26 22 Chris Wilker Morgan Stanley Wealth Mgmt Troy • • • 842 2 5
26 N Gary Jbara Morgan Stanley Wealth Mgmt Farmington Hills • • • • • • 2,111 2 5
28 20 Eric Furlotte Ameriprise Financial Farmington Hills • • • 2,576 2 4
29 N Nicole Christians Merrill Wealth Mgmt Bloomfield Hills • • 636 2 5
30 N W. Rob Juergens Merrill Wealth Mgmt Ann Arbor • • • 808 2 3

MINNESOTA
1 1 Robert Metcalf UBS Private Wealth Mgmt Wayzata • • $3,995 $75 $100
2 2 Richard S. Brown JNBA Financial Advisors Bloomington • • • 2,086 1.5 3
3 N Judy Fredrickson UBS Private Wealth Mgmt Wayzata • • 3,995 35 100
4 3 Louis Close UBS Private Wealth Mgmt Wayzata • • 3,698 15 25
5 5 Charlie Kelley Compass Capital Mgmt Minneapolis • • • • 1,791 5 10
6 7 Krystal Julius Merrill Wealth Mgmt Wayzata • • • 1,218 3 5
7 9 Jesse Bull UBS Private Wealth Mgmt Wayzata • • 1,582 15 25

N=not ranked
March 11, 2024 BARRON’S S29

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

MINNESOTA (continued)
8 11 Joseph Loftus UBS Wealth Mgmt Minneapolis • • • $1,229 $15 $25
9 10 Aaron Howe RBC Wealth Mgmt Wayzata • • • 948 3 8
10 12 Michael Slaggie Slaggie Capital Group Winona • • • • 1,851 1 2.5
11 8 Michelle Young Ameriprise Financial Edina • • 1,411 1.8 3.2
12 6 Christina Boyd Merrill Wealth Mgmt Wayzata • • 907 6 12
13 N Travis Bezella Creative Planning Bloomington • • • 1,181 1.7 5
14 N David A. Olson Morgan Stanley Wealth Mgmt Rochester • • • • 892 3.8 7.5
15 15 Robert Swiller UBS Wealth Mgmt Minneapolis • • • 945 2 10
16 21 Royal Jaros Ameriprise Financial Apple Valley • • 981 1 2
17 16 Rhett Neuman RBC Wealth Mgmt Stillwater • • • 789 2.5 5
18 17 Theresa Ward Merrill Private Wealth Mgmt Minneapolis • • 2,029 5 10
19 18 Derek Cherne UBS Private Wealth Mgmt Wayzata • • 1,584 10 25
20 24 William Sukup Wealth Enhancement Group Woodbury • • • 585 1.5 2.3
21 N Chris Lee Wells Fargo Advisors Bloomington • • • 976 2 5
22 22 Jacob Creydt UBS Wealth Mgmt Bloomington • • • • 1,604 5 8
23 20 Michael Erpelding Erpelding Wealth Mgmt |
Northwestern Mutual
Edina • • • 1,140 0.8 2

24 23 Chris Watkins UBS Private Wealth Mgmt Minneapolis • • • 3,698 15 25

MISSISSIPPI
1 1 Melanie Dowell Morgan Stanley Wealth Mgmt Ridgeland • • • • $1,888 $4 $7
2 2 Bill Rush Mosby UBS Wealth Mgmt Jackson • • • • 1,643 2.5 4
3 4 Steve Sharp Wells Fargo Advisors Jackson • • • • 2,564 2 3
4 3 Arthur Finkelberg Raymond James Ridgeland • • • 616 2 3
5 N Todd Tauzin Tauzin Wealth Mgmt | Northwestern Mutual Ridgeland • • • • 465 1.6 7
6 5 Bill Geary Raymond James Jackson • • • 1,417 2 6

MISSOURI
1 N Matt Bret UBS Wealth Mgmt Kansas City • • • • $3,911 $1 $2.5
2 2 Bud King UBS Private Wealth Mgmt St. Louis • • 1,702 8 40
3 1 Michael Moeller Moeller Investment Group Chesterfield • • • • 2,490 3 5
4 4 Mark Wilkins UBS Private Wealth Mgmt Clayton • • 1,171 36 75
5 3 Diane Compardo Moneta Group Clayton • • 2,605 15 25
6 8 James Hise Merrill Private Wealth Mgmt Kansas City • • 1,809 16 21
7 N Niall Gannon Morgan Stanley Private Wealth Mgmt Clayton • • • 1,492 25 25
8 6 Scott Underwood Socium Advisors | Northwestern Mutual St. Louis • • • • 1,321 3 7
9 5 Seth Murray Ameriprise Financial Springfield • • 2,136 1 2
10 12 Bradford Koeneman Moneta Group Clayton • • • 870 8 10
11 14 Donald Swanson Edward Jones Joplin • • • 602 0.6 1.3
12 7 Kathleen Youngerman Morgan Stanley Private Wealth Mgmt St. Louis • • • 537 40 50
13 13 Brian Pultman Correct Capital Wealth Mgmt St. Louis • • • • 740 2 3
14 10 Shawn Williams Merrill Private Wealth Mgmt Frontenac • • • 1,852 10 25
15 9 Ron Penney Ameriprise Financial Springfield • • 2,136 1 2
16 18 Ed Holt Edward Jones St. Louis • • • 496 0.9 1
17 15 Gordon Hamilton III Morgan Stanley Wealth Mgmt Kansas City • • • 1,866 1.5 1.5
18 17 Robert Millner Morgan Stanley Wealth Mgmt Clayton • • 1,514 2 5

MONTANA
1 1 James B. Stack Stack Financial Mgmt Whitefish • • • $1,766 $2 $5
2 2 William Royer UBS Wealth Mgmt Billings • • • • • 1,344 2.5 7
3 6 Charles Wagner Merrill Wealth Mgmt Billings • • • • 2,620 2.5 5
4 3 Jared Losing Ameriprise Financial Missoula • • • 1,141 0.4 2.2
5 4 Todd Vralsted UBS Wealth Mgmt Billings • • • • 1,344 2.5 7
6 N Joshua Hedge Merrill Wealth Mgmt Billings • • • • 2,620 2.5 5

NEBRASKA
1 1 Jim Siemonsma Mariner Wealth Advisors Omaha • • • $2,378 $1.2 $3
2 2 Ryan Swartz Creative Planning Omaha • • • 3,874 3.9 15
3 3 Andrew Robinson Morgan Stanley Wealth Mgmt Omaha • • • 3,296 4.8 8.5
4 4 Jason Dworak UBS Private Wealth Mgmt Lincoln • • 1,542 15 30
5 6 Tim Harrison Harrison Financial | Northwestern Mutual Omaha • • • 906 2 7.7
6 5 John Garlock RBC Wealth Mgmt Omaha • • • • • 1,395 3.3 5.5
S30 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

NEVADA
1 2 Randy Garcia The Investment Counsel Co. Las Vegas • • • $1,615 $5.30 $15
2 1 Mark Binder UBS Private Wealth Mgmt Las Vegas • 6,059 35 50
3 3 Keith Tanabe Merrill Wealth Mgmt Henderson • • • • • • 6,677 8 20
4 4 Phillip Scott Merrill Wealth Mgmt Reno • • • 1,075 3 11
5 N Steve Russell Wells Fargo Advisors Incline Village • • • 1,706 7 25
6 6 Geoffrey Lee Ameriprise Financial Henderson • • • 930 1.3 3

NEW HAMPSHIRE
1 6 Sean Doyle Merrill Wealth Mgmt Manchester • • • $844 $2 $2.5
2 4 Brian Doyle Doyle & Loughman Wealth Mgmt |
Wells Fargo Advisors FiNet
Hanover • • • 1,265 5 10

3 1 Brent Kiley Ameriprise Financial Bedford • • 2,788 1 2.5

4 2 Robert Bonfiglio Ameriprise Financial Bedford • • 2,789 1 2.5
5 N Stephen Spector Steward Partners Global Advisory Portsmouth • • • 623 2.5 5
6 5 John Habig Morgan Stanley Wealth Mgmt Portsmouth • • • 492 1.3 3.5

NEW JERSEY
1 1 David Briegs Merrill Wealth Mgmt Bridgewater • • • $2,274 $3 $4
2 2 Michael Ricca Morgan Stanley Wealth Mgmt Florham Park • • • 5,675 10 15
3 5 Mark Lippman Wells Fargo Advisors Linwood • • • 2,820 2.5 4
4 4 Daniel Schwartz UBS Private Wealth Mgmt Paramus • • 2,713 10 25
5 12 Michael Bonevento ICGnext | LPL Financial Wall • • • 2,100 3.5 10
6 6 Andy Schwartz Bleakley Financial Group Fairfield • • • • 1,812 5 10
7 3 Scott Mahoney Morgan Stanley Private Wealth Mgmt Morristown • • 1,920 20 43
8 9 Christopher Cook Merrill Wealth Mgmt Florham Park • • 2,109 5 10
9 8 Neil McPeak Wells Fargo Advisors Linwood • • • • • 1,751 2.5 7
10 10 Mark Fendrick UBS Wealth Mgmt Mount Laurel • • • 2,260 5 12
11 20 John Micera RBC Wealth Mgmt Florham Park • • • • 1,961 6.9 15
12 33 Jack Riley UBS Wealth Mgmt Warren • • 3,489 15 25
13 22 L. Marc Shegoski UBS Wealth Mgmt Princeton • • • • 5,385 58 63
14 28 Goran Bojovski Merrill Wealth Mgmt Iselin • • • • 16,799 2.5 5
15 16 Jack Burke Merrill Wealth Mgmt Florham Park • • 6,877 9 15
16 25 Michael Taggart J.P. Morgan Wealth Mgmt Morristown • • • 855 10 20
17 24 Michael Gara RBC Wealth Mgmt Princeton • • • 5,284 4 7
18 39 Greg Makowski CFS Investment Advisory Services Totowa • • • • 1,960 2 5
19 40 Harris Nydick CFS Investment Advisory Services Totowa • • • • 1,960 2 5
20 17 Yash Dalal Morgan Stanley Wealth Mgmt Paramus • • • 1,097 6 10
21 18 Mark Tobias Morgan Stanley Wealth Mgmt New Brunswick • • • 1,047 5 10
22 7 Gary Tantleff UBS Wealth Mgmt Warren • • 6,690 11 10
23 26 V. Peter Traphagen Jr. Traphagen Investment Advisors Oradell • • • 1,467 1.5 2.5
24 15 Richard Udine Morgan Stanley Wealth Mgmt Mount Laurel • • • • 4,782 4 5
25 21 Bruce Pomerantz Wells Fargo Advisors Short Hills • • • 1,995 3 5
26 N Michael James UBS Private Wealth Mgmt Paramus • • 2,527 25 50
27 27 Ken Schapiro Condor Capital Wealth Mgmt Martinsville • • • 1,548 2.4 3.5
28 31 Raymond Chase UBS Private Wealth Mgmt Florham Park • • • 1,931 7.5 10
29 48 August Zenzius Merrill Wealth Mgmt Paramus • • • 901 3 5
30 43 Michael Axelrod Bleakley Financial Group Fairfield • • 760 4 7
31 14 Mary Guza Morgan Stanley Wealth Mgmt Florham Park • • • 5,258 10 15
32 47 Patricia Bell Merrill Wealth Mgmt Short Hills • • 741 5 8
33 34 Christine McGinley UBS Wealth Mgmt Mount Laurel • • • 1,175 9 18
34 45 Jeffrey Browne Merrill Wealth Mgmt Mount Laurel • • • 901 3.5 5
35 30 Anthony Valente Morgan Stanley Wealth Mgmt Shrewsbury • • • • 2,496 1 2
36 N Benjamin Kaplowitz Merrill Wealth Mgmt Toms River • • • 861 5 10
37 29 Matthew Foley Merrill Private Wealth Mgmt Paramus • • • 2,400 50 100
38 44 David Comito Merrill Wealth Mgmt Florham Park • • • 2,114 2.5 5
39 37 James Maltese Merrill Wealth Mgmt Iselin • • • 1,851 3 5
40 46 Steven Rothman UBS Wealth Mgmt Red Bank • • • 610 2 3.5
41 42 William Munn Ameriprise Financial Paramus • • • 805 0.8 3
42 32 Lawrence DeLuise Merrill Private Wealth Mgmt Paramus • • • 2,400 50 100
43 36 Bruce Barth Merrill Wealth Mgmt Short Hills • • • • 1,470 2.3 3.5

N=not ranked
March 11, 2024 BARRON’S S31

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

NEW JERSEY (continued)

44 N Jack Cooney Bleakley Financial Group Fairfield • • • $732 $2.5 $5
45 23 Mark Cortazzo Wealth Enhancement Group Parsippany • • • 823 2.5 7.5
46 N Karl Kreshpane UBS Wealth Mgmt Paramus • • 1,064 3.7 7.5
47 N Jason Feder UBS Wealth Mgmt Red Bank • • 718 4.8 8.5
48 35 Francis Bitterly Morgan Stanley Wealth Mgmt Red Bank • • • 763 3 7

NEW MEXICO
1 1 Michael Stevens Merrill Wealth Mgmt Albuquerque • • • $1,489 $3 $4
2 2 Michael Blackwell Morgan Stanley Wealth Mgmt Albuquerque • • • 1,125 2.8 3.5
3 N Jon Bull J.P. Morgan Wealth Mgmt Santa Fe • • • 626 3.5 14
4 4 Kathryn Thompson Merrill Wealth Mgmt Albuquerque • • • 1,489 3 4.5
5 5 Christopher Cates RBC Wealth Mgmt Albuquerque • • • 1,315 3 5
6 3 Charles Reardon Morgan Stanley Wealth Mgmt Albuquerque • • • 1,514 2 4

NEW YORK
1 1 Lyon Polk Morgan Stanley Private Wealth Mgmt New York • $39,813 $100 $150
2 2 Richard Saperstein Treasury Partners New York • • • 21,565 25 30
3 21 Justin McCarthy Mariner Wealth Advisors New York • • • 5,210 2.8 7.5
4 6 Jason Katz UBS Private Wealth Mgmt New York • • • 4,759 15 40
5 5 Scott Stackman UBS Private Wealth Mgmt New York • • 8,916 75 300
6 4 Ron Basu Morgan Stanley Private Wealth Mgmt New York • • 12,787 25 100
7 8 Seth Finkel Neuberger Berman New York • • • 3,593 7.5 20
8 18 Jonathan Kuttin Ameriprise Financial Hauppauge • • • 11,288 1.3 5.5
9 12 Scott Wilson Morgan Stanley Private Wealth Mgmt New York • • 9,398 25 50
10 N Nicholas Kavallieratos Morgan Stanley Wealth Mgmt New York • • • • • 12,835 15 35
11 9 Adam Epstein UBS Private Wealth Mgmt New York • • • 4,326 30 50
12 10 Frank Marzano GM Advisory Group Melville • • 6,397 20 30
13 16 Stephanie J. Stiefel Neuberger Berman New York • • • 3,077 15 45
14 15 Noel Weil Merrill Private Wealth Mgmt New York • • 18,319 50 100
15 3 Ron Vinder Morgan Stanley Private Wealth Mgmt New York • • 12,204 75 350
16 13 Jordan Mayer J.P. Morgan Wealth Mgmt New York • • • 8,781 32 75
17 N R. Christopher Errico UBS Private Wealth Mgmt New York • • 3,892 10 50
18 14 Holly Newman Kroft Neuberger Berman New York • • • • 3,823 16 20
19 24 William Peterson Neuberger Berman New York • • • 2,672 4.5 16
20 22 Glenn Degenaars J.P. Morgan Wealth Mgmt New York • 5,129 35 70
21 7 Jim Detterick Morgan Stanley | Graystone Consulting New York • • • 64,238 12 20
22 26 Leigh Cohen Merrill Private Wealth Mgmt New York • • 8,486 25 35
23 28 Russell Rabito UBS Private Wealth Mgmt New York • • • 5,802 27 35
24 25 John Barrett Merrill Wealth Mgmt New York • • • • 2,870 20 60
25 20 Robert Stolar Morgan Stanley Private Wealth Mgmt New York • 4,697 75 150
26 11 Martin Halbfinger UBS Private Wealth Mgmt New York • • • 2,820 20 35
27 33 Virginia Guy Neuberger Berman New York • • 2,049 5.5 20
28 32 Gerard Klingman Klingman & Associates New York • • 3,696 15 18
29 37 Jonathan Kass Merrill Wealth Mgmt New York • • 8,825 7.5 18
30 41 Daniel O’Connell Merrill Wealth Mgmt Garden City • • • • • • 2,371 10 23
31 38 Jason Babb J.P. Morgan Wealth Mgmt New York • • 5,129 10 20
32 19 Richard Zinman Morgan Stanley Private Wealth Mgmt New York • 3,611 50 100
33 39 Joseph Karas Morgan Stanley Private Wealth Mgmt New York • • • 3,871 25 45
34 44 David Magrone Merrill Private Wealth Mgmt New York • 5,323 75 150
35 17 Christopher Wimpfheimer J.P. Morgan Wealth Mgmt New York • • • • 7,917 50 100
36 45 Brian Bennett UBS Private Wealth Mgmt New York • • 1,657 3.5 15
37 52 Elizabeth Weikes J.P. Morgan Wealth Mgmt New York • • 5,056 25 50
38 27 Shawn Rubin Morgan Stanley Private Wealth Mgmt New York • • 2,178 12 35
39 56 Robert Dyer Merrill Private Wealth Mgmt New York • • 2,189 45 61
40 61 Michael Chrys Merrill Wealth Mgmt Latham • • • • 5,642 10 15
41 42 Michael Poppo UBS Private Wealth Mgmt New York • • • • 1,632 10 12
42 35 Bruce Burrows Morgan Stanley Private Wealth Mgmt Garden City • • • • 27,548 10 30
43 43 John Longo Morgan Stanley | Graystone Consulting New York • • • 25,058 100 50
44 55 Charles Balducci Merrill Wealth Mgmt New York • • 3,980 12.7 30
45 50 Robert Waldele Merrill Wealth Mgmt New York • • • 5,406 30 50
46 80 David Katz Merrill Wealth Mgmt New York • • 2,250 25 50
S32 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

NEW YORK (continued)

47 34 Evan Steinberg Morgan Stanley Private Wealth Mgmt New York • • $5,098 $8 $15
48 N Daniel Kilmurray UBS Private Wealth Mgmt New York • • • 6,893 10 25
49 40 Joshua Malkin Morgan Stanley Private Wealth Mgmt New York • • • • 3,745 25 50
50 36 Ryan Lewis Morgan Stanley Private Wealth Mgmt New York • • 64,238 40 100
51 74 Jay Canell J.P. Morgan Wealth Mgmt New York • • 7,200 35 50
52 75 Neil Canell J.P. Morgan Wealth Mgmt New York • • 7,200 35 50
53 58 Lewis Altfest Altfest Personal Wealth Mgmt New York • • • 1,514 2 5
54 31 Mihir Patel Morgan Stanley Private Wealth Mgmt New York • • 2,910 10 25
55 66 Harold Elish UBS Private Wealth Mgmt New York • • • • 2,967 6 8.5
56 60 Anthony Maddalena Morgan Stanley Wealth Mgmt Purchase • • • 2,603 1.8 10
57 64 Patrick Fruzzetti Rose Advisors | Hightower New York • • 1,363 7 25
58 84 John Sargent Rockefeller Capital Mgmt New York • • • 2,475 75 350
59 71 W. Corby May Merrill Wealth Mgmt Garden City • • • • 1,938 7 15
60 63 Peter Svarre Merrill Wealth Mgmt New York • • 2,126 12 30
61 59 Courtney Moore Merrill Private Wealth Mgmt New York • • • • • 9,486 75 100
62 87 Michael Bapis Rockefeller Capital Mgmt New York • • • 1,512 6.5 25
63 62 Steven Strzelecki Morgan Stanley Wealth Mgmt Garden City • • • • 26,812 10 25
64 54 Charles Day UBS Private Wealth Mgmt New York • • 1,222 15 20
65 46 David Beyer Morgan Stanley Wealth Mgmt New York • • 2,866 10 25
66 70 Leo Marzen Bridgewater Advisors New York • • 1,750 5 10
67 69 Geri Eisenman Pell Ameriprise Financial Rye Brook • • 1,567 2.3 6.9
68 106 William Schoff UBS Wealth Management Rochester • • • • 3,254 5 25
69 82 Emily Rubin UBS Private Wealth Mgmt New York • • 2,405 25 50
70 81 Allen Saunders UBS Private Wealth Mgmt New York • • 1,223 10 20
71 90 Alyssa Moeder Merrill Private Wealth Mgmt New York • • 5,150 25 150
72 77 Rich Abrams UBS Private Wealth Mgmt New York • • • 3,805 2 8
73 76 Peter Arbes Neuberger Berman New York • • • 1,227 3.9 8
74 94 Richard Salvino Merrill Private Wealth Mgmt New York • • 5,150 25 150
75 57 Anthony Dertouzos Morgan Stanley Private Wealth Mgmt New York • • 1,643 20 50
76 51 John Vessa Morgan Stanley Wealth Mgmt New York • • • 4,366 5 10
77 89 Lyle Casriel UBS Private Wealth Mgmt New York • • 8,916 75 300
78 73 Doug Mellert Merrill Wealth Mgmt New York • • • • • 6,127 10 25
79 88 William Einstein UBS Private Wealth Mgmt New York • • 6,893 5 10
80 91 Lori Van Dusen LVW Advisors Pittsford • • • 2,012 15 35
81 79 Louise Gunderson UBS Private Wealth Mgmt New York • • 5,527 8 25
82 78 Todd DiScala Merrill Wealth Mgmt New York • • • • • 6,127 10 25
83 N Nicholas Finn UBS Private Wealth Mgmt New York • • • 1,932 20 50
84 65 John Adelman UBS Private Wealth Mgmt New York • • • 2,440 10 30
85 102 Steven Cannata Merrill Wealth Mgmt New York • • • • 22,650 0.9 2.5
86 68 Craig Pastolove Morgan Stanley Private Wealth Mgmt New York • • • 3,077 16 25
87 N Neil Mitchell Morgan Stanley Private Wealth Mgmt New York • • • 3,652 60 80
88 105 Andrew P. Kraus Merrill Private Wealth Mgmt New York • • • 18,638 45.5 54
89 95 Robert McGinty Merrill Private Wealth Mgmt New York • • • 18,638 45.5 54
90 103 Chris Sebastian Merrill Wealth Mgmt Buffalo • • • 1,768 3 5
91 112 Lawrence Liebers Merrill Wealth Mgmt New York • • 1,797 12.5 25
92 100 Glenn Arthurs UBS Wealth Mgmt Buffalo • • • • 3,146 3.5 6
93 N David Bieber Morgan Stanley Private Wealth Mgmt New York • • • • 1,825 15 30
94 92 Eric Snyder Merrill Wealth Mgmt New York • • 3,980 12.7 30
95 99 Greg DelMonte Stifel New York • • • • 1,815 1 10
96 109 Todd Silaika Merrill Wealth Mgmt Clifton Park • • • 2,163 2.4 4.5
97 N Hillary Cullen UBS Private Wealth Mgmt New York • • • • • 3,358 20 40
98 101 Maria Brisbane Merrill Private Wealth Mgmt New York • • • 1,069 30 80
99 72 Dennis Cutrone Morgan Stanley Private Wealth Mgmt New York • • • 3,643 35 45
100 N Benjamin Feldman Park Avenue Capital New York • • 2,400 3 10
101 48 Jonathan Adamsky UBS Private Wealth Mgmt New York • • • 3,558 7 15
102 N Linda Modico UBS Private Wealth Mgmt New York • • • • 3,290 50 100
103 N Christopher Malof UBS Wealth Mgmt Buffalo • • • 3,146 10 20
104 111 Roger Tulcin Neuberger Berman New York • • • 975 4.3 10
105 96 Susan Kingsolver Morgan Stanley Private Wealth Mgmt New York • • 2,592 20 75
106 115 Paul Lewis UBS Private Wealth Mgmt New York • • • 2,440 10 30

N=not ranked
March 11, 2024 BARRON’S S33

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

NEW YORK (continued)

107 113 Jacqueline Willens UBS Private Wealth Mgmt New York • • • $1,111 $5 $10
108 97 Ira Mark Morgan Stanley Wealth Mgmt Jericho • • • 3,237 7.5 25
109 98 Ahmet Terzioglu Morgan Stanley Wealth Mgmt Rochester • • • 1,925 5 10
110 N John Voltaggio Morgan Stanley Private Wealth Mgmt New York • 4,841 75 150
111 85 Anna Winderbaum Morgan Stanley Private Wealth Mgmt New York • 2,322 50 100
112 86 Joseph Lerner Morgan Stanley Private Wealth Mgmt New York • 2,322 50 100
113 120 Thomas Sullivan Merrill Wealth Mgmt Garden City • • 2,800 3 10
114 83 Andrew Hart Morgan Stanley Private Wealth Mgmt New York • • • 9,206 25 100
115 N Crystal Ho Morgan Stanley Private Wealth Mgmt New York • • 9,317 25 50
115 107 Harvey Kadden Morgan Stanley Private Wealth Mgmt New York • • 1,967 7 25
117 N Jim Harris Morgan Stanley Wealth Mgmt Syracuse • • • 1,034 2.5 5
118 110 John Coyle Morgan Stanley Private Wealth Mgmt Garden City • • 1,775 20 25
119 53 Jeffrey Klotz UBS Private Wealth Mgmt New York • • • • 3,558 8 25
120 117 Scott Kleiner Morgan Stanley Private Wealth Mgmt New York • • 2,470 25 50

NORTH CAROLINA
1 1 Mitchell Wickham UBS Private Wealth Mgmt Charlotte • $18,674 $20 $40
2 2 Greg Cash UBS Private Wealth Mgmt Charlotte • 18,674 20 40
3 3 William Oliver Wells Fargo Advisors Charlotte • • 2,588 10 20
4 5 John McCardell Merrill Wealth Mgmt Charlotte • • • 9,282 7.5 15
5 4 Brett Hoge Truist Investment Services Winston-Salem • • • • 2,400 5 15
6 7 David Rakestraw Truist Investment Services Raleigh • • 2,492 6 25
7 14 Jack Taylor Truist Investment Services Raleigh • • • 1,700 4 10
8 6 Michael Lappin UBS Wealth Mgmt Raleigh • • 1,693 7 20
9 11 Patrick Rush OneDigital Greensboro • • 909 1.5 2.5
10 8 George Seamen Merrill Wealth Mgmt Raleigh • • • 1,451 4.5 6
11 18 Rick Fisher Fisher Wealth Mgmt Burlington • • 1,040 1 2
12 12 Kelly Graves Wealth Enhancement Group Charlotte • • • 896 2 3
13 N Kristopher Carroll Wealth Enhancement Group Charlotte • • • 1,499 2.5 3.5
14 17 Bob McCarthy RBC Wealth Mgmt Raleigh • • 2,147 5 20
15 16 Mike Absher Absher Wealth Mgmt Chapel Hill • • • 785 2.1 3.5
16 13 Kathleen Malone Wells Fargo Advisors Charlotte • • 2,612 7 15
17 19 Brook Biddy Wells Fargo Advisors North Wilkesboro • • • 2,214 4 10
18 10 Lee Bryan III Alex. Brown | Raymond James Winston-Salem • • • • • 2,211 20 25
19 N Juan Sandoval UBS Wealth Mgmt Charlotte • • • 700 1.4 6
20 15 Mark Walker Ameriprise Financial Charlotte • • • 993 1 2
21 20 Bill Smith UBS Wealth Mgmt Raleigh • • 1,693 7 20
22 9 Adam Landau Morgan Stanley Private Wealth Mgmt Charlotte • • • 1,134 20 100
23 22 Kim Hoffman Edward Jones Wilson • • 618 2 5
24 23 Lee Morris Morgan Stanley | Graystone Consulting Raleigh • • • 8,752 60 75
25 28 Robert Edmonds Ameriprise Financial Greensboro • • • 627 0.6 0.7
26 29 John Patterson Wealth Enhancement Group Charlotte • • • 596 1.4 3
27 26 R. Neil Stikeleather Merrill Wealth Mgmt Charlotte • • • 581 0.8 2.5
28 30 Thorne James Merrill Wealth Mgmt Raleigh • • • 758 2.6 3.7
29 N Ian McDade Merrill Private Wealth Mgmt Charlotte • • • 897 13 25
30 N Keith Norman Merrill Wealth Mgmt Winston-Salem • • • 1,493 3.5 4

NORTH DAKOTA
1 1 Troy Nelson Edward Jones Bismarck • • $946 $2 $3
2 2 Joel Bird Ameriprise Financial Bismarck • • 6,942 1 1.6
3 3 Greg Tschetter Edward Jones Minot • • • • 467 0.6 1.1
4 N Tom Heilman Merrill Wealth Mgmt Fargo • • • 602 2 3.5
5 5 Thomas Reule Edward Jones Devils Lake • • 320 0.5 1
6 N Patrick McGrath Morgan Stanley Wealth Mgmt Fargo • • • 441 7.5 10

OHIO
1 1 Valerie Newell Mariner Wealth Advisors Cincinnati • • • $5,385 $3 $7.5
2 2 David Singer Merrill Private Wealth Mgmt Cincinnati • • 7,096 25 30
3 3 Randy Carver Carver Financial Services Mentor • • 2,296 1.1 1.8
4 4 David Ellis UBS Private Wealth Mgmt Cincinnati • • 2,376 5 5
5 6 Stephen Fish UBS Wealth Mgmt Cincinnati • • • 2,490 5 10
S34 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

OHIO (continued)
6 5 Craig Findley Venture Visionary Partners Sylvania • • • $4,513 $5 $7.5
7 9 Blair Cornell UBS Wealth Mgmt Miamisburg • • • 1,592 3 5
8 18 Kevin Bruegge Merrill Private Wealth Mgmt Cincinnati • • 7,096 25 30
9 10 Joel Guth Gryphon Financial Partners Columbus • • • 1,527 3.9 5.4
10 16 Joseph Chornyak Janney Montgomery Scott Columbus • • • • 1,410 3.5 5
11 7 Thomas Robertson Morgan Stanley | Graystone Consulting Columbus • • • • • 9,960 2 5
12 8 Brian Edwards Morgan Stanley Wealth Mgmt Columbus • • • 1,825 3 10
13 20 Sidney Jones Merrill Wealth Mgmt Canfield • • • 1,826 5 7
14 N William McCarthy UBS Wealth Mgmt Cincinnati • • • 3,314 5 10
15 12 Brady Fineske TFO Wealth Partners Maumee • • • • 4,121 5 20
16 11 Paul Carbetta Ameriprise Financial Powell • • • 2,331 0.9 2.7
17 N Jeffery Chaddock Ameriprise Financial Columbus • • • • • 3,135 1.8 3.5
18 23 Elizabeth Armitage Merrill Wealth Mgmt Cincinnati • • • 1,565 2.5 5
19 21 John Krieger Merrill Wealth Mgmt Pepper Pike • • • 1,327 3.8 6
20 26 J.R. Randall Morgan Stanley Wealth Mgmt Cincinnati • • • 1,198 2.5 4
21 25 Sean O’Reilly Merrill Wealth Mgmt Cincinnati • • 1,430 6 12
22 22 Luke Wiley UBS Wealth Mgmt Cincinnati • • • 997 2.5 3.5
23 15 Michael Chasnoff Truepoint Wealth Counsel Cincinnati • • 4,559 5 7
24 N Stephen Mangum Merrill Wealth Mgmt Columbus • • • 1,874 3 7.5
25 N Timothy Dumont UBS Wealth Mgmt Cincinnati • • • 3,314 5 10
26 24 Jeffrey Stewart Morgan Stanley Wealth Mgmt Dublin • • • • 1,476 5 10
27 30 Michael Beers Morgan Stanley Wealth Mgmt Columbus • • • 2,734 5 12.5
28 28 Gary Young UBS Wealth Mgmt Cleveland • • • 835 3 5
29 N David Himich Morgan Stanley Wealth Mgmt Toledo • • • 766 3 5
30 27 Owen McBride UBS Wealth Mgmt Cleveland • • • • 3,193 3 7.5

OKLAHOMA
1 2 Matthew Monger Merrill Wealth Mgmt Tulsa • • • • $950 $2.5 $6
2 1 James Johnson Morgan Stanley Private Wealth Mgmt Oklahoma City • • • 998 20 100
3 5 Jana Shoulders Mariner Wealth Advisors Tulsa • • • 2,497 3.1 9
4 3 Steve Jelley Merrill Wealth Mgmt Tulsa • • • • 1,300 5 10
5 4 Jeffrey Blumenthal Wells Fargo Advisors Oklahoma City • • • 1,223 4 8
6 N Robert Duenner Morgan Stanley Wealth Mgmt Tulsa • • • 1,220 1 1
7 7 Donald Jackson UBS Wealth Mgmt Tulsa • • • 574 1 2
8 6 Matt R. Cain Merrill Wealth Mgmt Tulsa • • • • 2,732 5 7
9 8 Jeff Galvin Morgan Stanley Wealth Mgmt Tulsa • • • 1,038 5 10
10 10 Jim Eagleton Eagleton Brown Investment Group |
Wells Fargo Advisors FiNet
Tulsa • • • • 1,416 0.6 1.5

11 N James Wood Merrill Wealth Mgmt Oklahoma City • • • 786 3.4 7.5
12 11 Donald Lehman Merrill Wealth Mgmt Tulsa • • • • 2,732 5 7

OREGON
1 1 Rebecca DeCesaro J.P. Morgan Wealth Mgmt Portland • • $2,193 $7 $9
2 N Jeffrey Yandle J.P. Morgan Wealth Mgmt Portland • • • 2,193 7 9
3 8 Dale Donaldson Ameriprise Financial Lake Oswego • • • 714 0.5 2
4 6 Edward Lang UBS Wealth Mgmt Portland • • 672 4.2 10
5 5 William Kiefel Merrill Wealth Mgmt Lake Oswego • • • 788 2 10
6 7 Joshua Ulmer Morgan Stanley | Graystone Consulting Portland • • • 2,392 28.1 40
7 9 Glen Clemans CGC Financial Services Lake Oswego • • • 743 0.6 0.9
8 N Julia Carlson Financial Freedom Wealth Mgmt Group Newport • • 432 0.5 1.3
9 10 James Beatty UBS Private Wealth Mgmt Lake Oswego • • • 2,231 5 15
10 N Daniel Ruediger Ameriprise Financial Portland • • • • 867 2.5 7.5
11 4 Justin Buell Wells Fargo Advisors Portland • • • 1,066 4 10
12 11 Rob Shick Baird Portland • • • 510 4 6

PENNSYLVANIA
1 1 Rob Thomas Mariner Wealth Advisors State College • • • $2,928 $0.4 $1
2 3 Johanna Walters Merrill Wealth Mgmt Blue Bell • • 5,779 12.5 15
3 4 Peter Rohr Merrill Private Wealth Mgmt Philadelphia • 5,774 35 90
4 5 Patti Brennan Key Financial West Chester • • • 1,849 2 4

N=not ranked
March 11, 2024 BARRON’S S35

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)
PENNSYLVANIA (continued)
5 7 Robert Fragasso Fragasso Financial Advisors Pittsburgh • • • • $2,144 $0.9 $2
6 6 Dane Burkholder Ameriprise Financial Lancaster • • • 3,595 0.8 3.5
7 2 Grant Rawdin Wescott Financial Advisory Group Philadelphia • • • • • 3,539 7.5 22
8 9 James Rimmel UBS Wealth Mgmt Pittsburgh • • • 2,030 2 5
9 8 John J. Parker Sr. Wells Fargo Advisors Philadelphia • • • 1,772 6 10
10 32 Andrew Jugan Ameriprise Financial Pittsburgh • • • 5,470 1.3 3
11 10 Michael Henley Brandywine Oak Private Wealth Kennett Square • • 1,508 4.3 5.5
12 15 Alan Cohn Sage Financial Group Conshohocken • • • • 2,850 4.3 6
13 17 Stephen Bealer Merrill Wealth Mgmt Wyomissing • • • 2,758 4 6
14 11 Derek Jancisin Merrill Private Wealth Mgmt Pittsburgh • • • • 3,132 7.5 10
15 13 Virgil Kahl Spring Ridge Financial Group Wyomissing • • 1,154 1 2
16 22 Michael Hirthler Jacobi Capital Mgmt Pittston • • • 2,158 3 5
17 30 John Minnich Merrill Wealth Mgmt Wyomissing • • • 2,758 4 6
18 24 Bradford Bernstein UBS Private Wealth Mgmt Philadelphia • • • 5,751 10 25
19 16 Megan Bailey Merrill Wealth Mgmt Blue Bell • • 5,779 7.5 10
20 40 Jay Beaulieu Wells Fargo Advisors Radnor • • 2,881 10 15
21 18 Peter Strope UBS Wealth Mgmt Canonsburg • • • 1,142 3.5 8
22 28 Thomas Seiler Raymond James Newtown • • 1,240 25 50
23 19 Jack Hafner J.P. Morgan Wealth Mgmt Philadelphia • • 1,559 40 50
24 38 Richard Corcoran Morgan Stanley Private Wealth Mgmt West Conshohocken • • 2,128 35 75
25 34 Gregory Hayes Merrill Wealth Mgmt Yardley • • • • 1,402 2.5 5
26 23 Edward Blumenthal Janney Montgomery Scott Philadelphia • • • • • • 2,283 2 3
27 27 David Kron Kron & Polis Financial Group |
Wells Fargo Advisors
Philadelphia • • 1,262 3.5 7.5

28 25 Mark Eskin Janney Montgomery Scott Philadelphia • • • • • • 2,283 2 3

29 26 Samuel Spanos Raymond James Beaver • • • 1,056 0.8 1
30 31 George Mastrogiorgos Ameriprise Financial Exton • • • 1,909 1 2
31 29 Lon Jury Ameriprise Financial Lancaster • • 1,797 0.3 0.8
32 37 Michael Greenly UBS Private Wealth Mgmt Philadelphia • • 1,106 25 58
33 14 Peter Sargent Janney Montgomery Scott Yardley • • • 1,039 2.5 5
34 33 Michael Duckworth Merrill Private Wealth Mgmt Pittsburgh • • 2,023 25 40
35 36 David Ebner Merrill Wealth Management Philadelphia • • • 1,938 40 40
36 12 Eric Salmansohn Morgan Stanley Wealth Mgmt Philadelphia • • 1,590 3.8 10
37 N Jeffrey Martinides Merrill Wealth Mgmt Yardley • • • 837 5 25
38 39 Barbara Hudock Hudock Capital Group Williamsport • • 716 1 3
39 N Kimberly St. Pierre Ameriprise Financial Plymouth Meeting • • 1,373 1 5
40 20 John Solis-Cohen Wells Fargo Advisors Radnor • • • 1,047 8 12
41 N Michael Malz Morgan Stanley Wealth Mgmt Allentown • • • • 2,683 3 5
42 42 Robb Boland RBC Wealth Mgmt Philadelphia • • • 1,303 5 20
43 N Christian Aguirre Merrill Wealth Mgmt Doylestown • • • 1,157 2.5 4.5
44 43 Craig Schwartz Wells Fargo Advisors Philadelphia • • • • 893 2.5 5
45 N Christopher DiMedio Merrill Wealth Mgmt Yardley • • • 1,856 12 15
46 44 Greg Sarian 2/13 Strategic Partners | Hightower Wayne • • 1,402 4.5 12
47 47 Carl Gordinier Merrill Wealth Mgmt Wayne • • • • 1,768 4 8
48 N Joel Freedman Morgan Stanley Wealth Mgmt West Conshohocken • • • 1,246 5 7.5

RHODE ISLAND
1 1 Malcolm Makin Professional Planning Group Westerly • • $1,592 $1.5 $3
2 3 Nick Loring Loring Advisory Group Greenville • • • • 614 0.5 2
3 6 John Zitzmann Morgan Stanley Wealth Mgmt Providence • • • 1,006 5 8
4 5 Edythe De Marco Merrill Wealth Mgmt Providence • • • 1,406 3.3 4.9
5 2 Denise Roberts Morgan Stanley Wealth Mgmt Newport • • • 738 2.8 5
6 4 Marc Verga Morgan Stanley Wealth Mgmt Providence • • • 1,050 5 10

SOUTH CAROLINA
1 1 Rick Migliore Merrill Private Wealth Mgmt Columbia • • • • • $9,282 $10 $15
2 3 Cheryl Holland Abacus Planning Group Columbia • • 1,582 5 12
3 13 Ohio Peter Motta Merrill Private Wealth Mgmt Hilton Head • • 4,234 10 50
4 2 Robert Vingi Wells Fargo Advisors Charleston • • • 2,406 10.2 23
5 4 Ronnie Dennis Merrill Private Wealth Mgmt Columbia • • • 9,282 20 50
6 8 John Bennett Merrill Wealth Mgmt Mount Pleasant • • • 738 1.8 5
S36 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

SOUTH CAROLINA (continued)

7 9 George Starnes G3 Wealth Advisors | Northwestern Mutual Columbia • • • • $794 $2.8 $5
8 12 Kirk Lloyd Merrill Private Wealth Mgmt Columbia • • • • 3,402 10 15
9 N Brian Noone Merrill Wealth Mgmt Mount Pleasant • • • 5,394 10 15
10 5 W. Clark Gallivan UBS Private Wealth Mgmt Greenville • • 738 4.5 6
11 N Paul Vannatta Merrill Wealth Mgmt Charleston • • • • 1,431 2.5 6
12 10 Bert Arrowood UBS Wealth Mgmt Greenville • • • • 1,402 4 10

SOUTH DAKOTA
1 1 David Hillard RBC Wealth Mgmt Rapid City • • • • $1,573 $3 $5
2 2 Todd Nelson Merrill Wealth Mgmt Sioux Falls • • • 3,012 1 5
3 4 Gordon Wollman Cornerstone Financial Solutions Sioux Falls • • 512 0.8 1.5
4 3 Nathan Quello Raymond James Sioux Falls • • • • • 821 2 3
5 5 Kelly Rae Haskell Edward Jones Aberdeen • • 398 1.2 2.5
6 6 Jon Hauger Edward Jones Dakota Dunes • • • 548 1.5 3

TENNESSEE
1 N John Montgomery Rockefeller Capital Mgmt Franklin • • $1,681 $15 $25
2 7 Charles Kirby UBS Private Wealth Mgmt Nashville • • • 2,690 50 60
3 4 Matthew Miller Merrill Private Wealth Mgmt Brentwood • • 1,767 25 75
4 3 Brett Bartman RBC Wealth Mgmt Nashville • • • • • 2,248 10 15
5 11 Brock Kidd Raymond James Nashville • • • 963 5 15
6 2 Tim Roberson Merrill Wealth Mgmt Brentwood • • • 3,084 5 15
7 8 Timothy Pagliara CapWealth Advisors Franklin • • • 1,252 3.5 6.7
8 1 Jay Williams UBS Private Wealth Mgmt Memphis • • 1,692 155 970
9 9 Brent Trentham Ameriprise Financial Alcoa • • 1,893 0.6 1.2
10 17 Stephen Weatherly Merrill Private Wealth Mgmt Memphis • • 772 6 20
11 10 Stanton Jacobs UBS Wealth Mgmt Oak Ridge • • 635 1.5 3
12 12 Malcolm Liles Baird Nashville • • • 1,811 7.5 15
13 18 David Adams Adams Wealth Partners | Raymond James Nashville • • • • 725 5 10
14 14 Elias Hassan Baird Murfreesboro • • • 1,062 5 7
15 13 Gregory Herman LBMC Investment Advisors Brentwood • • • 1,750 3.5 12
16 16 Trey Smith Truist Investment Services Nashville • • • 914 4.5 25
17 6 Eric Klindt Merrill Private Wealth Mgmt Nashville • • • • 2,333 20 30
18 N Arthur Mayernick Northwestern Mutual Nashville • • • 1,155 1 5

TEXAS
1 2 Richard Szelc Neuberger Berman Dallas • • $2,435 $18 $25
2 4 William Corbellini Merrill Private Wealth Mgmt Dallas • • • 5,049 30 35
3 8 Kevin Blonkvist RBC Wealth Mgmt Midland • • • • 3,524 20 55
4 6 Ryan Long UBS Private Wealth Mgmt Dallas • • 5,527 10 25
5 3 Charles McKinney Morgan Stanley Private Wealth Mgmt Dallas • • 3,500 150 250
6 9 Brent Anderson Morgan Stanley Private Wealth Mgmt Houston • • • 4,135 25 50
7 13 Frederick de Groot Merrill Wealth Mgmt The Woodlands • • • 3,105 7 11
8 10 Van Pearcy Van Pearcy’s Wealth Services Team Midland • • • 2,146 2.5 10
9 5 Charles Jones Ameriprise Financial Dallas • • 1,355 3.3 6.3
10 12 Dwight Emanuelson Merrill Private Wealth Mgmt Dallas • • • 5,049 30 35
11 7 Scott Tiras Ameriprise Financial Houston • • • 1,501 4 7
12 14 Tommy McBride Merrill Wealth Mgmt Dallas • • 1,531 5 15
13 15 Darrell Pennington Ameriprise Financial Houston • • 1,436 1.5 2.5
14 16 Mark Moore UBS Private Wealth Mgmt Austin • • 2,355 8 18
15 27 Charla McIntyre Fields Ameriprise Financial Hurst • • • 2,069 1.5 3.2
16 22 Sean Fitzpatrick Raymond James Houston • • • 2,048 3 5
17 19 Brian Tramontano Merrill Wealth Mgmt San Antonio • • • 1,194 3 4.5
18 21 Jeffery Price Merrill Wealth Mgmt Southlake • • • 1,413 2.5 4.5
19 23 Gil Baumgarten Segment Wealth Mgmt Houston • • 1,382 15 25
20 N Evan Troop J.P. Morgan Wealth Mgmt Dallas • • • 8,624 100 500
21 17 R. Scot Smith Morgan Stanley Wealth Mgmt Dallas • • • • 1,305 3.5 8
22 25 Langston Turner UBS Private Wealth Mgmt Houston • • 3,110 25 50
23 33 Bonner Barnes Corda Investment Mgmt Houston • • • 1,449 1.2 2
24 24 Stephen Engro Beacon Financial Group Dallas • • • 1,001 1.7 3

N=not ranked
March 11, 2024 BARRON’S S37

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)
TEXAS (continued)
25 36 Doug John Requisite Capital Mgmt Dallas • • • • $1,579 $30 $50
26 32 Richard Piatas Merrill Wealth Mgmt Frisco • • • 4,825 7.5 25
27 N Jennifer Marcontell Ameriprise Financial Mont Belvieu • 1,432 1.8 2.7
28 26 Steve Nagel Merrill Private Wealth Mgmt Frisco • • 1,868 8 10
29 28 J. Michael Fox Merrill Wealth Mgmt Houston • • • 1,334 4 8
30 34 Audree Begay Ameriprise Financial Houston • • • 1,985 2.6 2.7
31 35 Craig Massey Merrill Private Wealth Mgmt Houston • • • 4,732 100 150
32 38 Nestor Vicknair Merrill Wealth Mgmt Houston • • 6,735 8 12
33 59 Darren Fenz Merrill Wealth Mgmt Houston • • 1,677 3.5 5
34 20 William Gouldin Morgan Stanley Wealth Mgmt Houston • • • 1,656 5 20
35 31 Howard Lorch Wells Fargo Advisors Houston • • • 3,454 5 15
36 84 Joni Abalos Merrill Wealth Mgmt Houston • • 1,677 3.5 5
37 30 Ira Kravitz UBS Private Wealth Mgmt Plano • • • 1,205 5.5 8
38 55 Scott Cohen CD Wealth Mgmt Dallas • • • 931 1.7 12
39 37 Richard Ashcroft Baird Houston • • 2,300 4 5
40 66 Bradley Bruce mFORCE Capital Fort Worth • • 1,484 5 15
41 47 Jason Tarver Merrill Wealth Mgmt Frisco • • • 3,003 9.2 12
42 39 Gregory Glosser RBC Wealth Mgmt Dallas • • 1,183 3 10
43 43 R. Craig Rathjen UBS Private Wealth Mgmt Houston • • • • 2,543 50 90
44 18 Ron Kern Morgan Stanley | Graystone Consulting San Antonio • • • 5,179 25 30
45 58 J. Dow Crocker Raymond James Dallas • • • 1,485 7.5 15
46 29 Lewis Metzger Morgan Stanley Wealth Mgmt Houston • • • 1,923 5 6
47 N Maxwell Pearl J.P. Morgan Wealth Mgmt Dallas • • • • • • 8,624 8 15
48 51 Champ Warren Merrill Private Wealth Mgmt Houston • • • 3,843 25 50
49 50 Reed Smith Merrill Private Wealth Mgmt Houston • • • 3,843 25 50
50 49 Will Murphy Wells Fargo Advisors The Woodlands • • • 982 7.5 25
51 64 Greg McDonald UBS Private Wealth Mgmt Midland • • • • 2,378 10 20
52 62 Dan Michel UBS Private Wealth Mgmt Midland • • • • 2,378 10 20
53 76 Rob Bertino UBS Private Wealth Mgmt Dallas • • 813 40 75
54 52 William Hrynyshyn UBS Private Wealth Mgmt San Antonio • • • 696 1.8 3.6
55 N Todd Dahlin Merrill Wealth Mgmt Dallas • • • 1,014 2 4
56 74 Charles Johansen Merrill Wealth Mgmt The Woodlands • • • 2,337 5 8
57 61 Gail Utter Wells Fargo Advisors Sherman • • • 764 1.8 4.5
58 N Jared Holden Merrill Wealth Mgmt Houston • • • • 1,462 2 5
59 80 Stephen Tosha Merrill Wealth Mgmt Dallas • • • • 892 2 2.5
60 56 Mark Gladstein Merrill Wealth Mgmt Houston • • 1,959 4 15
61 73 Brian Petrauskas Merrill Wealth Mgmt The Woodlands • • • • 2,337 5 8
62 N Melinda Johnston Merrill Wealth Mgmt Fort Worth • • 1,404 3 5
63 41 William Leven Merrill Private Wealth Mgmt Houston • • • 772 31 41
64 44 Charles Lewis Wells Fargo Advisors Waco • • • • • • 967 2 3
65 65 Brian Sauer UBS Private Wealth Mgmt Houston • • • 3,053 15 30
66 75 Dan Nelson Merrill Private Wealth Mgmt San Antonio • • • • 2,565 17 20
67 N William Sammons Morgan Stanley | Graystone Consulting San Antonio • • • • 5,179 25 30
68 77 F. Michael Wood Jr. Merrill Private Wealth Mgmt San Antonio • • • • 2,565 17 20
69 70 Kenny French Sr. Edward Jones Victoria • • • 673 1 1.5
70 72 Elizabeth Lockwood UBS Private Wealth Mgmt Houston • • • 3,053 15 25
71 81 Ted Smith Merrill Wealth Mgmt Fort Worth • • • 816 1 5
72 N Malia Morales Merrill Private Wealth Mgmt Houston • • 3,260 30 50
73 N Laurie Mathews Merrill Wealth Mgmt Beaumont • • 1,055 2 2.5
74 48 James Woldert Morgan Stanley Wealth Mgmt Houston • • 1,107 10 20
75 42 Kevin Dickey Morgan Stanley Private Wealth Mgmt Dallas • • 1,732 25 40
76 83 Jay Gerrie Merrill Wealth Mgmt Austin • • • 1,292 2.5 7.5
77 N Steven Ogle RBC Wealth Mgmt San Antonio • • • 697 2.5 7
78 78 Charles Neuhaus Wells Fargo Advisors Houston • • • 968 20 40
79 88 Matthew Kardesch Ameriprise Financial Houston • • • 821 1 3
80 90 Mark Elias UBS Private Wealth Mgmt Houston • • • • 779 15 25
81 40 David Novelli Morgan Stanley Private Wealth Mgmt Houston • • • • 1,797 25 35
82 67 Alan Yonack Morgan Stanley Wealth Mgmt Dallas • • 860 5 15
83 86 Timothy Hickman Merrill Wealth Mgmt The Woodlands • • • 878 5 20
84 87 Myrteel Ward Morgan Stanley | Graystone Consulting San Antonio • • • 5,179 30 45
85 71 Donald Peterson UBS Private Wealth Mgmt Dallas • • • • 2,323 10 50
S38 BARRON’S March 11, 2024

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)
TEXAS (continued)
86 85 Alvaro Gonzalez Merrill Wealth Mgmt McAllen • • $700 $20 $50
87 57 Donald Whitehead Morgan Stanley Wealth Mgmt Houston • • • 1,095 3 6
88 68 Kapil Mathur Morgan Stanley Wealth Mgmt Sugar Land • • 1,536 2.5 10
89 N Brad Bishop UBS Private Wealth Mgmt Houston • • • 685 2 5
90 82 J. Craig Falls Enclave Advisors Austin • • • 900 20 50

UTAH
1 3 Jeff Roundy Merrill Wealth Mgmt Salt Lake City • • • $1,671 $10 $15
2 1 John Van Wagoner Merrill Private Wealth Mgmt Salt Lake City • • 1,197 10 25
3 4 Michael Peirce UBS Private Wealth Mgmt Salt Lake City • • • • 1,034 13 16
4 2 Dane Runia Morgan Stanley Private Wealth Mgmt Provo • • 1,598 70 85
5 5 Jack Broderick Stifel Park City • • 1,010 10 15
6 6 Paul Shoemaker Morgan Stanley Wealth Mgmt Salt Lake City • • • 1,601 4 15

VERMONT
1 1 Tim Stotz Morgan Stanley Wealth Mgmt Colchester • • • • • $2,406 $4 $5.3
2 4 Jared Hendler UBS Private Wealth Mgmt South Burlington • • 737 25 30
3 2 Brian Pelkey Morgan Stanley Wealth Mgmt Colchester • • • 1,444 3 5
4 3 Timothy O’Brien UBS Wealth Mgmt South Burlington • • • 520 1.5 3.5
5 6 CJ Charlebois Melendy Ameriprise Financial Williston • • 502 1.3 2.5
6 5 Christopher Dubie Morgan Stanley Wealth Mgmt Colchester • • • • 1,572 2 3

VIRGINIA
1 2 Joseph Montgomery The Optimal Service Group |
Wells Fargo Advisors
Williamsburg • • • • • • $34,982 $8 $15

2 1 Stephan Cassaday Cassaday & Co. McLean • • • 4,662 1.5 2

3 3 Jeffrey Grinspoon VWG Wealth Mgmt Vienna • • 1,870 5 7
4 4 Lowell Pratt Burney Co. Reston • • 2,426 1.5 3
5 11 James Bogart Bogart Wealth McLean • • 2,418 1.7 4.3
6 5 Barry Glassman Glassman Wealth Services Vienna • • • 1,800 6 9
7 6 David Karp Cresset Reston • • 39,976 30 45
8 10 Kelly Campbell Campbell Wealth Mgmt Alexandria • • 992 1.4 2.5
9 9 Dalal Salomon Salomon & Ludwin Richmond • • • 1,392 3.5 5
10 13 Michael Joyce Agili Richmond • • 1,050 3.1 5
11 8 Ryan Sprowls Alexandria Wealth Mgmt |
Wells Fargo Advisors
Alexandria • • 1,377 2 10

12 7 Tristan Caudron Caudron Megary Blackburn Wealth Mgmt |

Wells Fargo Advisors
Alexandria • • • 1,620 2 4

13 12 Susan Kim Ameriprise Financial Vienna • • 1,811 1.8 4

14 15 Nolan Stokes Northwestern Mutual Fairfax • • • 1,274 3 12
15 17 Neil Goetzman Goetzman Nau Financial | Raymond James Alexandria • • 991 3 5
16 N Gregory Smith Raymond James Reston • • • 2,732 2.5 5
17 14 Allan Strange Janney Montgomery Scott Richmond • • • • • 1,946 1.5 3
18 18 Scott Garnett UBS Wealth Mgmt Richmond • • • 796 1 2
19 22 John Lewis Truist Investment Services Richmond • • 2,151 5 10
20 28 James Somers Merrill Private Wealth Mgmt Virginia Beach • • 1,775 50 100
21 16 Philip Campbell Merrill Wealth Mgmt Norfolk • • • • 1,179 4.5 12
22 N Simon Hamilton Raymond James Reston • • • 2,732 2.5 5
23 19 Garret Alcaraz Wells Fargo Advisors Virginia Beach • • • • • • 1,774 3 4
24 N John Gill Raymond James Virginia Beach • • • 1,238 3.1 5
25 23 Brett Hayes Hayes Nystrom Sarrett Wealth Mgmt Group Richmond • • • • 2,072 3 3
26 26 Jeffrey Eveland Merrill Wealth Mgmt Leesburg • • • 664 2.5 3
27 24 Brian Ford RBC Wealth Management Richmond • • • • 962 3 5
28 25 Jamie Cox Harris Financial Group Richmond • • 675 1 2
29 N Edward Shanahan Northwestern Mutual Reston • • • 2,335 0.7 2.5
30 20 Brude Stoever Stoever & Palmore Investment Group Richmond • • • • 1,206 5 5

WASHINGTON
1 1 Phil Scott J.P. Morgan Wealth Mgmt Bellevue • • $2,560 $10 $50
2 4 Dean Braun Morgan Stanley Private Wealth Mgmt Seattle • 7,755 25 40
3 5 Michael Matthews UBS Private Wealth Mgmt Bellevue • • • 2,387 15 30
4 3 Erik Morgan Freestone Capital Mgmt Seattle • • • 8,636 4.4 5.8
N=not ranked
March 11, 2024 BARRON’S S39

CLIENT TYPES
High Ultrahigh Team Typical Typical
2024 2023 Retail Net Worth Net Worth Assets Account Net Worth
Rank Rank Advisor Firm City (Up to $1 mil) ($1 mil-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

WASHINGTON (continued)
5 6 Cameron Ragen Baird Seattle • • $3,002 $2.5 $8
6 23 Jens Pascucci Merrill Wealth Mgmt Seattle • • • • 2,824 10 50
7 2 Randall Linde Ameriprise Financial Renton • • • 5,062 1.4 3
8 7 Terry Cook Parcion Private Wealth Bellevue • • 1,971 49 65
9 30 Michael Maroni Merrill Wealth Mgmt Bainbridge Island • • • 3,013 3 5
10 10 Jay Kirkpatrick Merrill Private Wealth Mgmt Spokane • • • 3,742 10 15
11 12 Matthew Van Beek Merrill Wealth Mgmt Seattle • • • • 3,120 5 20
12 9 Lowry West Morgan Stanley Private Wealth Mgmt Seattle • • 2,949 25 50
13 13 Michael Hershey J.P. Morgan Wealth Mgmt Bellevue • • • 1,438 10 25
14 15 Lawrence Hood Pacific Portfolio Consulting Seattle • • • • 4,369 8 15
15 26 Tait Lane Merit Financial Advisors Issaquah • • • 1,002 0.6 2.5
16 8 Erin Scannell Ameriprise Financial Mercer Island • • • 7,225 3 8
17 14 Kevin Fitzwilson Coldstream Wealth Mgmt Bellevue • • • 1,509 3.6 3.6
18 N Jason Weese Merrill Private Wealth Mgmt Bellevue • • 1,372 25 75
19 16 Stacy Oster UBS Wealth Mgmt Bellevue • • 964 10 15
20 17 Corina Davis Merrill Wealth Mgmt Seattle • • • 1,071 3 7
21 21 Will Strong Baird Seattle • • • • 2,972 6 10
22 25 Matt Riesenweber Cornerstone Wealth Strategies Kennewick • • • • 963 1 2.4
23 N Carlos Lopez Creative Planning Bellevue • • • 1,087 2.6 7
24 N Dan Becraft Morgan Stanley Wealth Mgmt Seattle • • • • 1,623 7 10
25 20 David Midgley Morgan Stanley Private Wealth Mgmt Seattle • 3,351 35 50
26 29 James Ferguson Merrill Private Wealth Mgmt Bellevue • • 2,073 20 40
27 24 Jack Almo Morgan Stanley Private Wealth Mgmt Seattle • • • • 2,020 30 50
28 18 Jason Therrell UBS Wealth Mgmt Everett • • • 1,704 10 20
29 19 Jeffrey Crosby Ameriprise Financial Kirkland • • • 2,437 2.9 3.9
30 22 Paul Jackson Morgan Stanley Wealth Mgmt Bellevue • • 1,695 8 15

WEST VIRGINIA
1 1 Christopher Hall Hall Financial Advisors Parkersburg • • • • $1,387 $1 $1.5
2 2 David Houchins Truist Investment Services Charleston • • • • 1,413 4 6
3 3 Michael Shalhoup Merrill Wealth Mgmt Charleston • • 1,866 6 9
4 4 David Miller RBC Wealth Mgmt Huntington • • • 1,419 0.8 3
5 6 J. Michael Goodwin Morgan Stanley Wealth Mgmt Charleston • • • • • • 5,657 2 5
6 5 Jason Thompson Morgan Stanley Wealth Mgmt Charleston • • • • 805 2.5 5

WISCONSIN
1 1 Michael Klein Baird Milwaukee • • • • • $13,519 $27 $35
2 2 Andrew Burish UBS Wealth Mgmt Madison • • • 4,868 3 4
3 4 Bryan Sadoff Wealth Enhancement Group Milwaukee • • • 1,643 2.5 4
4 5 Michael Sadoff Wealth Enhancement Group Milwaukee • • • 1,643 2.5 4
5 3 Thomas Parks Morgan Stanley | Graystone Consulting Milwaukee • • • 18,847 70 70
6 7 Matthew Heckmann Northwestern Mutual Middleton • • 1,225 2.5 6
7 6 Tyson Ray FORM Wealth Advisors Lake Geneva • • 817 1 2.5
8 8 David Spano Annex Wealth Mgmt Elm Grove • • 4,645 0.8 1.5
9 10 Philip Dallman Baird Milwaukee • • • • • 13,519 27 35
10 13 Chris Calvelli Baird Milwaukee • • • 4,734 8 10
11 11 Vince Cimino Wealth Enhancement Group Clinton • • 727 0.2 0.5
12 9 Jason Maas UBS Wealth Mgmt Madison • • • 4,868 3 4
13 15 Andrew Epstein Baird Milwaukee • • • 4,734 8 10
14 16 Chris Doughty Gentian Financial Mequon • • • 646 1.5 2.5
15 N Greg Sommersberger Baird Mequon • • • • • • 743 2.5 5
16 N Jerod Spaeth Northwestern Mutual Milwaukee • • • 1,182 0.8 3
17 14 Michael Smith Ameriprise Financial Stevens Point • • 766 0.9 1.5
18 12 Jerry David Prescient Financial Solutions Milwaukee • • • 1,368 2 5

WYOMING
1 1 Dagny Maidman J.P. Morgan Wealth Mgmt Jackson • • • $3,845 $25 $100
2 2 Lester Brunker UBS Private Wealth Mgmt Teton Village • • 443 12 16
3 N Jeffrey Vincent Vincent Financial Services Riverton • • • 375 1.3 3
4 3 Kevin Murphy Stifel Casper • • • • • 660 2.5 5
5 4 Randy Halfpop The Compass Wealth Group Cheyenne • • • 430 0.8 2
6 6 Ryan Scott Edward Jones Rock Springs • • 296 1.8 2.8
S40 BARRON’S March 11, 2024

March 13-15, 2024

The Grand America Hotel

We thank our partners for their support as we host the

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