Friday, August 3, 2018

Occidental Petroleum Co. (OXY) Shares Bought by Destination Wealth Management

Destination Wealth Management lifted its holdings in shares of Occidental Petroleum Co. (NYSE:OXY) by 478.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,045 shares of the oil and gas producer’s stock after acquiring an additional 4,173 shares during the period. Destination Wealth Management’s holdings in Occidental Petroleum were worth $422,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of OXY. Stelac Advisory Services LLC purchased a new stake in shares of Occidental Petroleum during the first quarter worth about $112,000. Bedel Financial Consulting Inc. purchased a new stake in Occidental Petroleum in the first quarter valued at approximately $114,000. Silvant Capital Management LLC purchased a new stake in Occidental Petroleum in the first quarter valued at approximately $141,000. Kaizen Advisory LLC boosted its position in Occidental Petroleum by 142.0% in the second quarter. Kaizen Advisory LLC now owns 1,793 shares of the oil and gas producer’s stock valued at $150,000 after buying an additional 1,052 shares during the last quarter. Finally, Spectrum Management Group Inc. purchased a new stake in Occidental Petroleum in the second quarter valued at approximately $160,000. Institutional investors and hedge funds own 80.91% of the company’s stock.

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A number of equities research analysts recently commented on OXY shares. JPMorgan Chase & Co. dropped their target price on Occidental Petroleum from $75.00 to $74.00 and set a “neutral” rating on the stock in a research report on Monday, April 9th. Piper Jaffray Companies upgraded Occidental Petroleum from a “neutral” rating to an “overweight” rating and upped their target price for the company from $77.00 to $86.00 in a research report on Sunday, April 15th. Morgan Stanley started coverage on Occidental Petroleum in a research report on Thursday, July 12th. They issued an “overweight” rating and a $100.00 target price on the stock. Zacks Investment Research upgraded Occidental Petroleum from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Monday, May 14th. Finally, Citigroup upgraded Occidental Petroleum from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 5th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $82.20.

Shares of Occidental Petroleum opened at $82.64 on Thursday, MarketBeat.com reports. Occidental Petroleum Co. has a 12-month low of $58.44 and a 12-month high of $87.67. The company has a market capitalization of $64.27 billion, a price-to-earnings ratio of 92.85, a P/E/G ratio of 2.70 and a beta of 0.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.26 and a quick ratio of 1.11.

Occidental Petroleum (NYSE:OXY) last announced its quarterly earnings results on Tuesday, May 8th. The oil and gas producer reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.21. Occidental Petroleum had a return on equity of 6.15% and a net margin of 13.47%. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.63 billion. During the same period in the previous year, the company posted $0.15 earnings per share. Occidental Petroleum’s revenue for the quarter was up 28.4% on a year-over-year basis. sell-side analysts anticipate that Occidental Petroleum Co. will post 4.91 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Monday, September 10th will be issued a $0.78 dividend. The ex-dividend date is Friday, September 7th. This is an increase from Occidental Petroleum’s previous quarterly dividend of $0.77. This represents a $3.12 dividend on an annualized basis and a yield of 3.78%. Occidental Petroleum’s payout ratio is presently 346.07%.

About Occidental Petroleum

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

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Want to see what other hedge funds are holding OXY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Occidental Petroleum Co. (NYSE:OXY).

Institutional Ownership by Quarter for Occidental Petroleum (NYSE:OXY)

Thursday, August 2, 2018

Macy's stock is doing almost as well as Amazon

The best performing retail stock this year is no surprise: Amazon is up 54% so far in 2018.

But you may be surprised to learn that Macy's, often considered a casualty of Amazon, is the second best retailer.

Shares in the department store are up more than 50%, which makes it the 10th best performer in the S&P 500 this year.

A number of factors have driven Macy's (M) performance.

For one, the retailer recognized that had to be a bigger player in digital as more people shop on their phones, tablets and computers.

CEO Jeff Gennette -- who took over for longtime Macy's CEO Terry Lundgren in March 2017 -- boosted Macy's e-commerce and mobile efforts. Digital sales have been growing at a double-digit clip for the past few quarters as a result.

The company also continues to invest heavily in its Bluemercury chain of specialty beauty stores and its discount outlet, Macy's Backstage.

Another reason for the Macy's turnaround: The company has started to close underperforming stores and has sold off some of its real estate holdings. That helped cut costs and boost profits.

Its unclear if that will that be a long-term strategy for fending off Amazon (AMZN) and other retailers like Walmart (WMT) and Target (TGT). But analysts like its chances.

Moody's put out a report this week about department stores and specifically cited Macy's as a company that may be able to hold its own against larger retail rivals.

The Moody's analysts said Macy's strategy of letting people buy online and pick up at the store has helped boost sales. Shoppers tend to make other purchases when they come to pick up online orders.

Macy's has quoted a 25% increase in sales to these customers, the Moody's analysts noted.

What's more, Moody's praised Macy's for making it easier and convenient to use the online shopping site and app.

Moody's noted that Macy's was just one of two department store chains that let customers check prices on its app, track order history, do visual searches for products and also chat with customer representatives. Kohl's (KSS) was the other.

Macy's and Kohl's were also the only two department stores that accepted Apple and Samsung Pay, PayPal and mobile wallet payments from major credit card companies. Kohl's, by the way, has also enjoyed a turnaround this year. The stock is up 30%.

"Retail companies that embrace innovation can survive in the age of Amazon," said Matt Schreiber, president and chief investment strategist at WBI Investments, in a recent email.

"Macy's is making a comeback by revising its business model to better integrate e-commerce and brick-and-mortar," he added.

Still, some wonder if Macy's can continue to wow Wall Street.

Morgan Stanley's Kimberly Greenberger, a top Wall Street retail analyst, said in May she thinks Wall Street has already rewarded the company for some easy, quick fixes. Now comes the hard part.

Greenberger is concerned overall sales are expected to remain flat this year and next. She said that Macy's needs to do more to get rid of underperforming stores.

"Even though Macy's is closing stores proactively, it may not be doing so quickly enough," she said.

Macy's will report its latest earnings on August 15.

Wednesday, August 1, 2018

$152.83 Million in Sales Expected for Shenandoah Telecommunications (SHEN) This Quarter

Wall Street analysts forecast that Shenandoah Telecommunications (NASDAQ:SHEN) will report $152.83 million in sales for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Shenandoah Telecommunications’ earnings. The highest sales estimate is $154.76 million and the lowest is $150.90 million. Shenandoah Telecommunications posted sales of $153.26 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.3%. The firm is expected to issue its next earnings results on Wednesday, August 1st.

According to Zacks, analysts expect that Shenandoah Telecommunications will report full year sales of $617.06 million for the current year, with estimates ranging from $611.99 million to $622.12 million. For the next financial year, analysts forecast that the business will report sales of $634.56 million per share. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Shenandoah Telecommunications.

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Shenandoah Telecommunications (NASDAQ:SHEN) last released its earnings results on Thursday, May 3rd. The utilities provider reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). Shenandoah Telecommunications had a net margin of 11.32% and a return on equity of 4.56%. The business had revenue of $151.73 million during the quarter, compared to the consensus estimate of $152.69 million.

A number of research analysts have issued reports on SHEN shares. BWS Financial reiterated a “buy” rating on shares of Shenandoah Telecommunications in a research report on Wednesday, April 11th. ValuEngine upgraded Shenandoah Telecommunications from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. BidaskClub upgraded Shenandoah Telecommunications from a “hold” rating to a “buy” rating in a research report on Saturday, July 7th. Zacks Investment Research cut Shenandoah Telecommunications from a “buy” rating to a “hold” rating in a report on Thursday, May 10th. Finally, Raymond James cut Shenandoah Telecommunications from an “outperform” rating to a “market perform” rating in a report on Friday, May 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $47.00.

In other news, VP Richard A. Baughman sold 6,000 shares of the business’s stock in a transaction dated Thursday, June 28th. The stock was sold at an average price of $32.65, for a total transaction of $195,900.00. Following the sale, the vice president now directly owns 42,624 shares in the company, valued at $1,391,673.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.84% of the company’s stock.

Several large investors have recently added to or reduced their stakes in SHEN. Element Capital Management LLC bought a new stake in shares of Shenandoah Telecommunications during the first quarter worth about $226,000. Hartford Investment Management Co. bought a new stake in Shenandoah Telecommunications in the second quarter valued at approximately $251,000. Jane Street Group LLC bought a new stake in Shenandoah Telecommunications in the first quarter valued at approximately $280,000. Citigroup Inc. boosted its holdings in Shenandoah Telecommunications by 1,957.1% in the first quarter. Citigroup Inc. now owns 8,146 shares of the utilities provider’s stock valued at $294,000 after acquiring an additional 7,750 shares during the last quarter. Finally, Guggenheim Capital LLC bought a new stake in Shenandoah Telecommunications in the fourth quarter valued at approximately $347,000. Institutional investors own 46.90% of the company’s stock.

Shenandoah Telecommunications stock traded up $0.05 during midday trading on Monday, reaching $31.50. The company’s stock had a trading volume of 114,971 shares, compared to its average volume of 121,987. Shenandoah Telecommunications has a 52 week low of $29.05 and a 52 week high of $41.80. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 1.80. The stock has a market cap of $1.56 billion, a PE ratio of 121.15 and a beta of 0.61.

About Shenandoah Telecommunications

Shenandoah Telecommunications Company, through its subsidiaries, provides regulated and unregulated telecommunications services to customers and other telecommunications providers in central and western Virginia, south-central Pennsylvania, West Virginia, Maryland, North Carolina, Kentucky, Tennessee, and Ohio.

See Also: Short Selling

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Sunday, July 22, 2018

Aerium (AERM) Price Hits $0.0033

Aerium (CURRENCY:AERM) traded 2.9% higher against the dollar during the one day period ending at 0:00 AM E.T. on July 20th. One Aerium coin can currently be bought for approximately $0.0033 or 0.00000053 BTC on cryptocurrency exchanges including CryptoBridge and Stocks.Exchange. During the last seven days, Aerium has traded 20.8% higher against the dollar. Aerium has a market capitalization of $371,632.00 and $0.00 worth of Aerium was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

Get Aerium alerts: Dash (DASH) traded 4.8% lower against the dollar and now trades at $251.69 or 0.03459270 BTC. Decred (DCR) traded down 1.2% against the dollar and now trades at $71.79 or 0.00986744 BTC. Aeternity (AE) traded 6% lower against the dollar and now trades at $1.79 or 0.00024586 BTC. Bitcoin Diamond (BCD) traded down 5.2% against the dollar and now trades at $2.17 or 0.00029824 BTC. Stratis (STRAT) traded down 5.4% against the dollar and now trades at $2.72 or 0.00037441 BTC. Hshare (HSR) traded 5.9% lower against the dollar and now trades at $5.40 or 0.00074223 BTC. Emercoin (EMC) traded 5% lower against the dollar and now trades at $2.90 or 0.00039855 BTC. ReddCoin (RDD) traded down 11.1% against the dollar and now trades at $0.0041 or 0.00000057 BTC. PIVX (PIVX) traded 8.7% lower against the dollar and now trades at $1.86 or 0.00025538 BTC. Enigma (ENG) traded down 8.7% against the dollar and now trades at $1.26 or 0.00017339 BTC.

Aerium Coin Profile

AERM is a PoW/PoS coin that uses the SkunkHash hashing algorithm. It launched on November 11th, 2017. Aerium’s total supply is 164,348,058 coins and its circulating supply is 112,204,684 coins. Aerium’s official website is www.aerium.co. Aerium’s official Twitter account is @AeriumCoin.

Aerium Coin Trading

Aerium can be purchased on the following cryptocurrency exchanges: CryptoBridge and Stocks.Exchange. It is usually not presently possible to buy alternative cryptocurrencies such as Aerium directly using US dollars. Investors seeking to trade Aerium should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Aerium using one of the exchanges listed above.

Saturday, July 21, 2018

9 Impressive Dividend Stocks to Buy and Hold

Now is a good time to look at dividend stocks to buy and hold. While there’s no doubt that the market averages were on a roll going in 2018, that incredible momentum slowed a bit when January changed to February. The tax cuts in late December added a lot of fuel to stocks’ fire, but a market correction was lurking around the corner.

If the economy expands and the global economy stays in recovery mode, this could see stock indexes soar once again. Especially when you look to the big blue chips that dominate the averages.

The big firms are doing business outside the U.S., and the dollar is weakening as interest rates rise. As Treasury Secretary Steve Mnuchin observed in Davos recently, a weaker dollar is good for exports and the Trump administration is in favor of boosting exports.

But for all this good news, a changing market — with the potential for an inverted yield curve in interest rates, rising inflation and less consumer strength than anticipated — may bring on a correction.

That’s why now is a good time to buy some solid insurance while it’s cheap. That’s why I’ve come up with nine impressive dividend stocks to buy and hold. They have longevity and will weather any near-term storms.

[Editor’s Note: This article was originally published on Feb. 2, 2018, but it has been edited to reflect changes in the markets.]


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Impressive Dividend Stocks to Buy and Hold: Verizon (VZ) vz stock Source: Mike Mozart Via Flickr

Dividend: 59 cents, paid quarterly

Verizon (NYSE:VZ) is a blue-chip communications pick with a solid 4.65% dividend.

Whether it’s fiber optic cable, mobile communications or content delivered directly to its customers, Verizon is focused on maintaining its dominant position in the market. Recent deals on the content side show that VZ is very aware that how your subscribers get content is less valuable than what content they get.

There will certainly be competition in the space, which could mean customers come and go, but VZ has shored both its ‘cable’ end and its wireless side, so any cable cutters will still find value in sticking with VZ.

And the dividend is rock solid.


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Impressive Dividend Stocks to Buy and Hold: AES Corp (AES) Source: Shutterstock

Dividend: 13 cents quarterly

AES Corp (NYSE:AES) was a major player in the utility deregulation boom that swept through the markets in the 1990s. Think Enron, as both the bullish story and the cautionary tale.

AES has operations in the U.S., South America, Central America and the Caribbean. But it is one of those independent energy producers that doesn’t get a lot of press because it doesn’t fit into a tidy box.

AES remains a solid company, however, and delivers a 4% dividend. What’s more, emerging markets are starting a boom phase after their bottom. And with Brazil making a comeback — and AES having operations there — things are looking up for this stock on the growth side of equation.


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Impressive Dividend Stocks to Buy and Hold: Public Storage (PSA) Source: Mike Mozart Via Flickr

Dividend: $2.00, quarterly

Public Storage (NYSE:PSA) launched its first storage facility in 1972. That kind of longevity demonstrates that management knows how to build a business and sustain it, regardless of the economic environment.

With 142 million square feet of rentable space across the US and Europe, Public Storage is one of the largest self-storage firms in the world.

And it’s set up as real estate investment trust. That means investors are considered owners and net profits are distributed to the owners — by law — in the form of dividends. That makes PSA very stockholder friendly.

After a strong run in the past few years, investors are looking for the new sexy story and PSA stock has sold off in the past year. But there’s plenty of life left and its 3.6% dividend pays you for your patience.


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Impressive Dividend Stocks to Buy and Hold: Catchmark Timber (CTT)

Dividend: 13.5 cents quarterly

Catchmark Timber (NYSE:CTT) is a timber company that is organized as a real estate investment trust (REIT). That means you get a solid dividend and a company that is focused on its shareholders, because technically, its shareholders are considered owners.

Timber prices are directly correlated to housing demand. If housing demand rises, as it is now, timber prices rise and timber companies make more money.

It’s not surprise then, that CTT is up 9% in the past 12 months. That trend should continue. And this REIT is throwing off a respectable 4.2% dividend to boot.

CTT is a relatively small player in the space, which means its growth is leveraged when demand grows, like it is now.


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Impressive Dividend Stocks to Buy and Hold: Duke Energy (DUK) Duke Energy Corp (NYSE:DUK) Source: Shutterstock

Dividend: 92 cents quarterly

Duke Energy (NYSE:DUK) is a major energy utility in the US. That means it might not have the growth component that other sectors have, but it does have a lock on its service territory, which is predominantly North Carolina, but it has more than 7 million customers in six states overall.

What’s more, DUK has been a long-time proponent of renewable energy resources and has been adding wind and solar to its energy mix long before it was in vogue. It also has significant natural gas operations and subsidiaries.

With an impressive 4.6% dividend, DUK is very shareholder friendly and is a great foundation stock for any long-term investor.


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Impressive Dividend Stocks to Buy and Hold: Macy’s (M) Macy's M stock Source: Mike Mozart via Flickr

Dividend: 37.75 cents, quarterly

Macy’s Inc (NYSE:M) seems like an odd stock to recommend after its travails in the past couple of years, as it tries to pivot from the traditional department store model to a sleeker, more online retail model.

But M has been around since 1858. It has been through the Civil War and two World Wars. It has seen greater challenges than Amazon.com. And it has not only survived, but thrived.

While the market beat up this sector and then moved on, M has been retooling over the past year and even delivered some impressive holiday numbers. There’s still life in this company and it’s now a bargain.

Its 3.9% dividend will pay you for your patience.


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Impressive Dividend Stocks to Buy and Hold: Seagate Technology (STX) Source: Shutterstock

Dividend: 63 cents quarterly

Seagate (NASDAQ:STX), a hard drive maker, has been doing well in 2018, up 32% year-to-date. Some of that comes from its recent earnings numbers, having beaten Wall Street estimates across the board.

All this while still delivering a 4.4% dividend to shareholders.

But the real excitement here is STX’s involvement with Ripple, a company that has launched the cryptocurrency XRP. Ripple is also looking to use the blockchain technology at the heart of the cryptocurrency market to build a financial trading platform that would revolutionize how all investments are traded.

At this point no one can monetize STX involvement in either the currency or the trading platform, but we know there is significant interest in Ripple by STX.


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Impressive Dividend Stocks to Buy and Hold: Carlyle Group (CG) Source: Shutterstock

Dividend: 27 cents quarterly

The Carlyle Group (NASDAQ:CG) is a global asset management firm. Basically that’s another way to say it’s a private equity firm — it uses investors’ money to buy companies or invest in projects.

It currently has $174 billion in assets under management spread across more than 300 investment vehicles.

CG used to be privately held and was a firm that managed the assets of world leaders — from the Bush family to the Saudi royal family — discreetly and successfully for decades. It went public in 2012 and has had its ups and downs since then.

But right now, it’s in an upswing as the economy recovers. In the past 12 months, the stock is up 17% and it’s still delivering a healthy 4.5% dividend. And the good times have just begun.


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Impressive Dividend Stocks to Buy and Hold: Enterprise Products Partners (EPD) Enterprise Products Partners L.P. EPD stock Source: Bilfinger via Flickr

Dividend: 43 cents quarterly

Enterprise Products Partners (NYSE:EPD) is a midstream U.S. energy company.

Basically, that means it’s a pipeline company. And it’s one of the biggest.

This is a very good time to look at midstream energy companies. The midstream companies are the first ones back when the economy begins to recover.

Pipeline companies make money off the volume of the products shipped through its pipes, regardless of cost. EPD carries oil, natural gas, natural gas liquids, petrochemicals and refined products through its 50,000 miles of pipe.

As demand for energy increases, so will EPD revenues. EPD stock is still treading water, so its 5.93% dividend is a good way to get paid for your patience while this sector gains traction once again.

Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth, Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more o

Thursday, July 19, 2018

3 Big Stock Charts for Wednesday: United Technologies, Abbott Laboratories and Leggett & Platt

The market didn’t start Tuesday’s action on the best foot. But, some encouraging words from Federal Reserve Chairman Jerome Powell soothed investors’ worries, pushing stocks collectively back into the black by an average of 0.4%. Overstock.com (NASDAQ:OSTK) led the way with its 10%-plus gain, though beyond, noteworthy pacesetters were few and far between.

The market’s dead weight certainly wasn’t tough to find though. Netflix (NASDAQ:NFLX) ended the day down to the tune of 5% after it fell short of subscriber-growth outlooks for the recently ended quarter.

Everything else was… strangely tame.

Still, a handful of stocks are setting up big moves even if they’ve yet to make them. Among the best of those best are Leggett & Platt (NYSE:LEG), Abbott Laboratories (NYSE:ABT) and United Technologies (NYSE:UTX). Here’s a closer look.

Leggett & Platt (LEG)

Leggett & Platt (LEG)

During the first quarter of the year, Leggett & Platt shareholders had good reason to be worried. The stock was into new 52-week low territory, and there was no end in sight.

Investors found some relief in June, though the rebound was still tentative. It became less tentative this month, thanks to a move above a key technical line. Since then the rebound effort has stalled, but it’s stalled in such a way that the bulls could be building up another thrust. That next bullish surge, however, could persist for a while because the stock’s already cleared all of its most meaningful resistance levels.


Click to Enlarge • The 200-day moving average line (green) was the ceiling in June, but that line was hurdled early this month thanks to support a couple of times at the 20-day moving average line (blue). As of Tuesday, the 20-day line is above the 200-day line, confirming at least the short-term trend is a bullish one.

• Since early last week, LEG has been trapped in a narrow, horizontal range between $45.04 and $45.81. The sideways action within this range serves as a buildup phase for the next bullish leg (though a break below $45.04 still can’t be ruled out).

• The monthly chart indicates a long-standing descending resistance line has been snapped, and has done so with a healthy degree of bullish volume.

Abbott Laboratories (ABT)

The one thing more affirming than an unfettered streak of bullish momentum is a quelled effort to kill a rally. That’s what Abbott Laboratories shares were able to do on Tuesday, at the most opportune technical support. One more solidly bullish day could get ABT shares over a major hump.


Click to Enlarge • Monday’s selloff was strong, threatening to jump-start a new wave of profit-taking. All it took was a kiss of the 20-day and 50-day moving average lines, however, to rekindle the bullish effort.

• The size/height of the Monday/Tuesday reversal is a decisive sign in and of itself, made decisively bullish by the fact that Tuesday’s volume was very high … suggesting a majority opinion.

• The line that tags all the major peaks since January is at $63.44. It’s been a ceiling that whole time, but a move above that technical resistance could create a technical reset of sorts and lead to a long-term move not unlike the one we saw in 2017.

United Technologies (UTX)

United Technologies (UTX)

Though United Technologies shares have been in a respectable long-term uptrend that took shape in early 2016, the stock didn’t fare too well early this year. In fact, it fell all the way back to a major rising support line.

At the proverbial 11th hour though, the stock made a pivot. That was ugly too, but since then we’ve seen some key bullish clues take shape.


Click to Enlarge • The biggest of those clues is the way UTX shares found clean and consistent support at the 200-day moving average line in late June and early July. That line became a pushoff point last week.

• The convergence of all the key moving average lines also sets the stage for a divergence phase. Periods of high volatility are followed by periods of low volatility, and vice versa. The convergence of the major moving averages into a near-single point this month suggests we’ll start to see them move away from one another again. So far it seems that the divergence will be in a bullish direction.

• The growing degree of bullish volume underscores the notion that the divergence from here should be a bullish one. The accumulation-distribution line is not only rising, but appears to be accelerating higher.

As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley.

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Monday, July 16, 2018

Esports Will Be a Huge Stock Catalyst for Disney

Esports is going mainstream. And its path toward mainstream distribution goes through Disney (NYSE:DIS).

Disney and Activision Blizzard (NASDAQ:ATVI) signed an exclusive multi-year broadcasting deal that brings Activision’s ultra-popular Overwatch League to Disney’s suite of broadcasting networks, including ABC, ESPN, ESPN2 and Disney XD. Specifically, the deal gives Disney exclusive broadcasting rights for the Overwatch League playoffs, the Season 1 Grand Finals, which are set to take place in late July, and all of Season 2.

It is the biggest broadcasting deal ever for the rapidly growing esports community. ESPN has aired esports events before. But nothing of this caliber. The Grand Finals broadcast will include 10 total hours of esports streaming over four networks and three days. And the competitions will air live in prime-time, a first for both ABC and ESPN.

What does all this mean for DIS stock?

Great things. Esports is a rapidly growing market. But, interest is limited due to the niche internet distribution options such as Twitch and Facebook Gaming. ABC and ESPN aren’t niche distribution options. In the sports world, those are about as mainstream as mainstream gets. Thus, as esports goes mainstream, that path will ultimately turn Disney into a mainstream broadcaster of esports.

That has big implications for DIS stock.

Here’s a deeper look.

Esports Is the Next Big Thing

There really isn’t any hiding the truth here. Esports is the next big thing. Consumers love high-level competition, and esports is just that. Plus, it has all of the things that make other professional sports so popular, such as unique characters, good story-lines, intense moments and more.

Don’t believe me? Just look at the numbers.

The global esports audience grew by 37% in 2016 to 323 million. It grew by another 20% in 2017 to 385 million. And, that audience is expected to grow at a 20% annual rate to nearly 600 million by 2020.

At 600 million global fans, the esports community would be larger than the global football community (400 million fans), global basketball community (400 million fans), global golf community (450 million fans), and global baseball community (500 million).

Surprised? Don’t be. Although many traditional sports fans sneer at esports, professional video gaming is in many ways much more tangible, scalable, and modern than other professional sports.

On the tangibility side, these aren’t athletic gods like LeBron James. On the scalability side, competitions are primarily done over the internet, so no traveling is necessary (a player in Japan can compete with a player in England at essentially any time and without travel hassle). And on the modern side, esports is an internet sport and seeing as the internet is the future, it is also inherently a more future-oriented sport.

Altogether, esports presents a tremendous growth opportunity over the next several years. The question, then, is who will those big esports beneficiaries be?


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Disney Will Become a Major Player in Esports

Disney will be one of those big esports beneficiaries over the next several years.

At the present moment, esports is big and growing. But the audience is limited mostly due to the lack of mainstream distribution of esports content. Of course, there are Twitch, and Facebook Gaming, both of which stream esports. But, those platforms are inherently niche due to their being exclusively dedicated to esports (Twitch only has 15 million daily active users).

You know what isn’t niche? ESPN. ABC. Disney. That is why mainstream popular sports like NBA, NFL, MLB and NHL have huge broadcasting deals in place with Disney.

Thus, in order for esports to go mainstream, it needs to get on ESPN and ABC. That is happening. Now. And as a result, esports awareness will explode higher over the next several months. And, more importantly, ESPN and ABC will be viewed by the masses as mediums to watch top-notch esports content.

This is just the beginning.

As the esports community grows over the next several years, Disney will grow alongside it as a mainstream content distribution partner. This will boost Disney’s currently struggling Media Networks business. It will also add firepower to Disney’s streaming efforts, assuming Disney extends its esports partnerships to include streaming rights.

Altogether, the pathway for Disney to become a major player in the secular growth esports market just become crystal clear. Much like they are for the NBA, NFL, and MLB, Disney will become the mainstream distribution forum for esports content. That is huge for DIS stock.

Bottom Line on DIS Stock

DIS stock is one of my favorite stocks in the market. The stock has been beaten up on cord-cutting concerns. But, the company is making a huge pivot into streaming, and that should eventually propel DIS stock materially higher because the company owns the best content in the world.

That content library is only growing. If esports becomes a permanent member of Disney’s content war-chest, then this company’s streaming efforts could be more successful than even most bulls imagined.

As of this writing, Luke Lango was long DIS and ATVI.

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Thursday, July 12, 2018

Top 5 Performing Stocks To Invest In Right Now

tags:EURN,OHI,RRTS,WRES,BBRG, Apple Inc. stock is up 18% in the year-to-date. Bullish investor sentiment and a potential iPhone supercycle could lift AAPL stock even higher.
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Cupertino, California-based Apple (NASDAQ:AAPL) has recently been in the news, mostly for the right reasons. Barring the chatter regarding its appeal against the European Union's $14B tax charge, Apple is enjoying a lot of positive buzz with respect to its next iPhone launch. The result has been positive commentary from multiple wall street analysts and a rising stock price. Apple stock price is up over 18% in the year-to-date, outperforming the Nasdaq Composite (INDEX:COMPX) as well as S&P 500 (INDEX:SPAL) in the same time frame. Apple stock has rallied 51% since the May 2016 lows, closing the last trading session at a price of $136.7 per share. The AAPL rally has, so far, been fuelled in a large part by a stronger-than-expected performance of the iPhone segment in the holiday quarter and the rapidly growing Apple services segment. However, we think the stock could be headed further higher driven by a growing bullishness among investors and potential for an iPhone 8-driven super-cycle.

Top 5 Performing Stocks To Invest In Right Now: Euronav NV(EURN)

Advisors' Opinion:
  • [By Logan Wallace]

    Seanergy Maritime (NASDAQ: SHIP) and Euronav (NYSE:EURN) are both small-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Teradyne, Inc. (NYSE: TER) fell 10.8 percent to $37.02 in pre-market trading after the company issued downbeat Q2 guidance. Edwards Lifesciences Corporation (NYSE: EW) fell 9.2 percent to $122.29 in pre-market trading. Edwards Lifesciences reported better-than-expected results for its first quarter, but issued weak earnings guidance for the second quarter. New Gold Inc. (NYSE: NGD) fell 8.8 percent to $2.30 in pre-market trading after rising 4.13 percent on Tuesday. Gold Fields Limited (ADR) (NYSE: GFI) fell 8.6 percent to $3.61 in pre-market trading. Natus Medical Incorporated (NASDAQ: BABY) fell 8.2 percent to $32.95 in pre-market trading after the company issued weak forecast for the second quarter. Atossa Genetics Inc. (NASDAQ: ATOS) shares fell 7.9 percent to $3.50 in pre-market trading after climbing 27.09 percent on Tuesday. Bright Scholar Education Holdings Limited (NYSE: BEDU) shares fell 6.7 percent to $13.58 in pre-market trading after reporting Q1 results. Sangamo Therapeutics Inc (NASDAQ: SGMO) fell 5.9 percent to $16.75 in pre-market trading following announcement of a $200 million common stock offering. Foresight Autonomous Holdings Ltd (NASDAQ: FRSX) shares fell 5.7 percent to $3.29 in pre-market trading after declining 3.32 percent on Tuesday. Euronav NV (NYSE: EURN) fell 4.8 percent to $8.40 in pre-market trading. Limelight Networks, Inc. (NASDAQ: LLNW) shares fell 4.3 percent to $4.69 in pre-market trading. Gaming and Leisure Properties Inc (NASDAQ: GLPI) shares fell 4.1 percent to $32.92 in pre-market trading after the company issued downbeat quarterly results and reported the retirement of CFO William Clifford

Top 5 Performing Stocks To Invest In Right Now: Omega Healthcare Investors, Inc.(OHI)

Advisors' Opinion:
  • [By Cory Renauer]

    Reinvesting dividends from quality stocks takes just a few clicks, but selecting businesses poised to produce steady profits shouldn't be taken lightly. These three healthcare-related�real-estate investment trusts (REITs) fit the bill in large part because baby boomers are beginning to pour into the buildings they own.

    Real-Estate Investment Trust Dividend Yield Trailing Funds From Operations Per Share Annualized Dividend Payout Omega Healthcare Investors Inc.�(NYSE:OHI) 9.2% $1.80 $2.64 Physicians Realty Trust (NYSE:DOC) 6.3% $1.03 $0.92 Welltower Inc. (NYSE:WELL) 6.3% $3.30 $3.48

    Data source: YCharts.

  • [By Logan Wallace]

    MML Investors Services LLC trimmed its holdings in Omega Healthcare Investors Inc (NYSE:OHI) by 33.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,429 shares of the real estate investment trust’s stock after selling 25,862 shares during the quarter. MML Investors Services LLC’s holdings in Omega Healthcare Investors were worth $1,364,000 as of its most recent SEC filing.

  • [By Shane Hupp]

    Mckinley Capital Management LLC Delaware purchased a new stake in Omega Healthcare (NYSE:OHI) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,527 shares of the real estate investment trust’s stock, valued at approximately $717,000.

Top 5 Performing Stocks To Invest In Right Now: Roadrunner Transportation Systems, Inc(RRTS)

Advisors' Opinion:
  • [By Lisa Levin]

    Roadrunner Transportation Systems, Inc. (NYSE: RRTS) shares dropped 16 percent to $1.85. Office Depot, Inc. (NASDAQ: ODP) will replace Roadrunner Transportation Systems in the S&P SmallCap 600 on Monday, June 4.

  • [By Lisa Levin]

    Roadrunner Transportation Systems, Inc. (NYSE: RRTS) shares dropped 15 percent to $1.8598. Office Depot, Inc. (NASDAQ: ODP) will replace Roadrunner Transportation Systems in the S&P SmallCap 600 on Monday, June 4.

  • [By Shane Hupp]

    Roadrunner Transportation Systems Inc (NYSE:RRTS)’s share price was down 0.5% on Wednesday . The company traded as low as $1.80 and last traded at $1.83. Approximately 31,432 shares were traded during trading, a decline of 90% from the average daily volume of 326,908 shares. The stock had previously closed at $1.84.

Top 5 Performing Stocks To Invest In Right Now: Warren Resources Inc.(WRES)

Advisors' Opinion:
  • [By Shane Hupp]

    Northland Securities restated their corporate rating on shares of W Resources (LON:WRES) in a research note issued to investors on Wednesday.

    Shares of LON WRES opened at GBX 0.43 ($0.01) on Wednesday. W Resources has a 52 week low of GBX 0.25 ($0.00) and a 52 week high of GBX 0.72 ($0.01).

Top 5 Performing Stocks To Invest In Right Now: Bravo Brio Restaurant Group Inc.(BBRG)

Advisors' Opinion:
  • [By Stephan Byrd]

    Media coverage about Bravo Brio Restaurant Group (NASDAQ:BBRG) has trended positive on Saturday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bravo Brio Restaurant Group earned a daily sentiment score of 0.39 on Accern’s scale. Accern also assigned media coverage about the restaurant operator an impact score of 45.847415840944 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Wednesday, July 11, 2018

Top 10 Growth Stocks To Own Right Now

tags:ISRG,TBI,MED,JWN,BWLD,

Seagate (NASDAQ:STX) makes most of its money from selling hard disk drives. These are computer storage drives that are popular for consumer and data center applications where cost-per-gigabyte (a gigabyte is a unit of computer storage) is more important than speed.�

Despite the fact that hard disk drives are being displaced in personal computers by faster storage drives based on NAND flash memory technology, Seagate's hard disk drive is still healthy. Last quarter, Seagate's hard disk drive business generated $2.59 billion in revenue, a figure that was up 6.7% year over year and represented more than 92% of its revenue during the quarter.

Image source: Seagate.

"The growth in hyperscale and cloud storage deployments continues to represent an important opportunity for Seagate, and we are confident in our nearline hard disk drive portfolio designed to serve these environments," Seagate CFO David Morton said on the company's most recent earnings call.

Top 10 Growth Stocks To Own Right Now: Intuitive Surgical Inc.(ISRG)

Advisors' Opinion:
  • [By Lisa Levin] Gainers vTv Therapeutics Inc. (NASDAQ: VTVT) shares surged 115 percent to $2.56. Seadrill Limited (NYSE: SDRL) gained 77 percent to $0.3935. On Tuesday, a U.S. court approved the company's plan to exit Chapter 11 bankruptcy that includes raising around $1 billion in new debt and equity through a rights offering which will be led by its biggest shareholder. DropCar, Inc. (NASDAQ: DCAR) shares climbed 21.4 percent to $2.3301 after the company issued a preliminary Q1 update on its enterprise automotive business. The company disclosed that Q1 B2B automotive volumes rose 163 percent year-over-year. Teligent, Inc. (NASDAQ: TLGT) shares jumped 19.7 percent to $3.615 following the FDA approval of Clobetasol Propionate Cream USP, 0.05%. IZEA, Inc. (NASDAQ: IZEA) surged 19.1 percent to $2.62. IZEA posted a Q4 net loss of $743,000 on sales of $6.8 million. SunPower Corporation (NASDAQ: SPWR) shares gained 15.2 percent to $9.6180. SunPower announced plans to acquire SolarWorld Americas. LexinFintech Holdings Ltd. (NASDAQ: LX) climbed 10.2 percent to $15.20. CounterPath Corporation (NASDAQ: CPAH) shares rose 8.8 percent to $3.0033. Semiconductor Manufacturing International Corporation (NYSE: SMI) gained 8.2 percent to $6.685 after falling 0.80 percent on Tuesday. Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) shares climbed 7.2 percent to $5.93. Textron Inc. (NYSE: TXT) shares rose 6.7 percent to $63.96 after the company reported stronger-than-expected earnings for its first quarter. Sibanye Gold Limited (NYSE: SBGL) gained 6.5 percent to $3.59 after dropping 4.53 percent on Tuesday. Calithera Biosciences, Inc. (NASDAQ: CALA) rose 6.3 percent to $6.75 after the company disclosed that the FDA has granted Fast Track designation to CB-839 in combination with cabozantinib for treatment of patients with advanced renal cell carcinoma. CSX Corporation (NASDAQ: CSX) gained 6.1 percent to $60.01 after reporting upbeat quarterly earnings
  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Intuitive Surgical, Inc. (NASDAQ: ISRG) which rose about 8% to $469.73. The stock��s 52-week range is $263.66 to $473.79. Volume was 3.2 million compared to the daily average volume of less than 1 million.

  • [By Motley Fool Staff]

    In the healthcare world, one of those has to be the impressive quarterly report from Intuitive Surgical�(NASDAQ:ISRG). The company increased its revenue by 25%, and accelerated its sales of the da Vinci robotic surgical systems that made it famous. But it's not just the expensive hardware that is allowing it to prosper -- it's that every machine needs a steady supply of the disposable instruments and accessories used during its procedures. The Fools consider the recent numbers, the outlook, and the investment thesis for Intuitive Surgical stock. But in the, say, anti-healthcare space, cigarette slinger�Philip Morris International�(NYSE:PM) took a big hit as demand slackened in major foreign markets. Sales of its e-cig devices are also not growing the way management had hoped.

  • [By Ethan Ryder]

    Intuitive Surgical, Inc. (NASDAQ:ISRG)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $498.06 and last traded at $496.25, with a volume of 13472 shares trading hands. The stock had previously closed at $488.97.

  • [By Motley Fool Staff]

    Right now, it's time for that yearly review of the ones he picked to honor the month, and also the briefly famous pregnant giraffe: five companies, and the first letters of their tickers spelled out A-P-R-I-L. They were Axon Enterprise�(NASDAQ:AAXN), Grupo Aeroportuario del Pacific�(NYSE:PAC), ResMed�(NYSE:RMD), Intuitive Surgical (NASDAQ:ISRG), and Live Nation�(NYSE:LYV).

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Intuitive Surgical, Inc. (NASDAQ: ISRG) which rose over 6% to $423.76. The stock��s 52-week range is $217.19 to $426.98. Volume was 1.7 million compared to its average volume of nearly 1 million.

Top 10 Growth Stocks To Own Right Now: TrueBlue Inc.(TBI)

Advisors' Opinion:
  • [By Logan Wallace]

    Media stories about Trueblue (NYSE:TBI) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trueblue earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.3296498009881 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Trueblue (TBI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Trueblue (NYSE: TBI) is one of 23 public companies in the “Help supply services” industry, but how does it contrast to its rivals? We will compare Trueblue to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, profitability, dividends, earnings and risk.

  • [By Stephan Byrd]

    American Century Companies Inc. grew its holdings in shares of Trueblue Inc (NYSE:TBI) by 24.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 95,307 shares of the business services provider’s stock after purchasing an additional 18,680 shares during the period. American Century Companies Inc. owned approximately 0.23% of Trueblue worth $2,468,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    Russell Investments Group Ltd. grew its stake in Trueblue Inc (NYSE:TBI) by 21.2% during the first quarter, HoldingsChannel reports. The fund owned 137,178 shares of the business services provider’s stock after purchasing an additional 23,951 shares during the quarter. Russell Investments Group Ltd.’s holdings in Trueblue were worth $3,553,000 at the end of the most recent quarter.

Top 10 Growth Stocks To Own Right Now: MEDIFAST INC(MED)

Advisors' Opinion:
  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 25 percent to $124.60 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares rose 35.8 percent to $3.00. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares surged 32 percent to $8.94 after reporting upbeat Q1 earnings. Carbon Black, Inc. (NASDAQ: CBLK) gained 29.6 percent to $24.62. Carbon Black priced its IPO at $19 per share. California Resources Corporation (NYSE: CRC) shares rose 26.8 percent to $32.70 following upbeat Q1 earnings. Pandora Media, Inc. (NYSE: P) gained 25 percent to $7.185 after reporting strong quarterly results. Medifast, Inc. (NYSE: MED) shares climbed 23.7 percent to $122.87 after the company reported strong Q1 results and raised its FY18 guidance. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.2 percent to $8.4999 after reporting Q2 results. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) gained 22.2 percent to $41.27 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Shake Shack Inc (NYSE: SHAK) rose 22.2 percent to $57.955 after the company reported upbeat results for its first quarter and raised its FY18 guidance. Atomera Incorporated (NASDAQ: ATOM) jumped 19.7 percent to $6.12 after reporting Q1 results. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 16.4 percent to $21.00 after reporting strong preliminary results for the third quarter. Titan International, Inc. (NYSE: TWI) shares rose 16.4 percent to $12.21 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares gained 14.9 percent to $63.75 following Q1 results. Control4 Corporation (NASDAQ: CTRL) shares climbed 14.5 percent to $23.98 folloiwng strong Q1 results. B&G Foods, Inc. (NYSE: BGS) climbed 12.6 percent to $25.40 after reporting Q1 earnings. HMS Holdings Corp (NASDAQ: HMSY) shares gained 10 percent to $19.59 after reporting upbeat quarterly earnings. Viavi Solutions Inc. (NASDAQ: VIAV) rose 7 percent to $10.09 following Q3 r
  • [By Ethan Ryder]

    MediBloc (CURRENCY:MED) traded 3.9% lower against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on June 13th. One MediBloc token can now be purchased for $0.0083 or 0.00000131 BTC on major cryptocurrency exchanges including Coinrail, Gate.io and Bibox. During the last seven days, MediBloc has traded 36.5% lower against the U.S. dollar. MediBloc has a total market cap of $24.58 million and $216,935.00 worth of MediBloc was traded on exchanges in the last day.

  • [By Max Byerly]

    McCormick & Company, Incorporated (NYSE: MKC) and Medifast (NYSE:MED) are both consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, institutional ownership, risk and dividends.

  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
  • [By Joseph Griffin]

    MediBloc (CURRENCY:MED) traded 6.8% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on May 27th. MediBloc has a total market cap of $73.40 million and $743,880.00 worth of MediBloc was traded on exchanges in the last 24 hours. One MediBloc token can currently be purchased for approximately $0.0247 or 0.00000339 BTC on major cryptocurrency exchanges including Bibox, Gate.io and Coinrail. During the last seven days, MediBloc has traded 8.3% higher against the dollar.

Top 10 Growth Stocks To Own Right Now: Nordstrom Inc.(JWN)

Advisors' Opinion:
  • [By Motley Fool Staff]

    In this segment of the Motley Fool Money podcast, host Chris Hill and Fool analysts Jason Moser, Matt Argersinger, and Ron Gross review the latest earnings reports from the department stores that anchor those fading monuments to commerce and discover at least some good news: Macy's�(NYSE:M) comps rose nicely, but Nordstrom�(NYSE:JWN)�and J.C. Penney�(NYSE:JCP) managed only fractional gains. They also reflect on the long decline of department store sales -- it's longer than you think -- the planned BJ's Wholesale IPO, the future of J.C. Penney, and more.

  • [By ]

    On Thursday, earnings are expected from JCPenney Co. (JCP) , Action Alerts PLUS holding Nordstrom Inc. (JWN) , Nintendo Co. (NTDOY) and Walmart Inc. (WMT) .

  • [By Lisa Levin]

    Breaking news

    Deere & Company (NYSE: DE) reported weaker-than-expected results for its second quarter. Applied Materials, Inc. (NASDAQ: AMAT) reported stronger-than-expected results for its second quarter, but issued weak sales outlook for the third quarter. Nordstrom, Inc. (NYSE: JWN) reported upbeat results for its first quarter. Comparable-store sales rose 0.6 percent. Boot Barn Holdings Inc (NYSE: BOOT) disclosed a 7.2 million common stock offering.

Top 10 Growth Stocks To Own Right Now: Buffalo Wild Wings Inc.(BWLD)

Advisors' Opinion:
  • [By Peter Graham]

    A long term performance chart shows Dave & Busters Entertainment�tripling in value�before falling back while�small cap upscale gentlemen's clubs and restaurant owner�RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap�Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby��s Restaurant Group:

  • [By Steve Symington]

    That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

Tuesday, July 10, 2018

Top 10 Stocks For 2019

tags:PAR,RARE,FRGI,CHUY,JCE,NVCR,KAR,MLI,BPMC,ACFC, LISTEN TO ARTICLE 2:31 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email

U.S. intelligence agencies believe that North Korea has increased its production of fuel for nuclear weapons at multiple secret sites in recent months, NBC reported, citing unidentified American officials.

The NBC report quoted U.S. officials who said they believe that North Korean leader Kim Jong Un may try to hide those facilities as he seeks more concessions in nuclear talks with the Trump administration.

Top 10 Stocks For 2019: PAR Technology Corporation(PAR)

Advisors' Opinion:
  • [By Max Byerly]

    News articles about PAR Technology (NYSE:PAR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PAR Technology earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.8901065500531 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Top 10 Stocks For 2019: Ultragenyx Pharmaceutical Inc.(RARE)

Advisors' Opinion:
  • [By Shane Hupp]

    Ultragenyx Pharmaceutical Inc (NASDAQ:RARE) Director Matthew K. Fust sold 6,319 shares of the business’s stock in a transaction that occurred on Wednesday, May 30th. The shares were sold at an average price of $72.00, for a total value of $454,968.00. Following the transaction, the director now owns 8,750 shares of the company’s stock, valued at $630,000. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

  • [By Todd Campbell]

    A Genentech alumnus, Conner was previously vice president of clinical science at Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), a biotech that has successfully developed therapies for rare and ultrarare diseases. Prior to that, he was senior medical director at BioMarin Pharmaceutical Inc. (NASDAQ:BMRN), another biotech company that's successfully developed drugs for rare diseases.

  • [By Joseph Griffin]

    BidaskClub upgraded shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) from a hold rating to a buy rating in a report released on Monday.

    A number of other brokerages have also recently weighed in on RARE. JPMorgan Chase restated an overweight rating and issued a $66.00 price objective (down from $68.00) on shares of Ultragenyx Pharmaceutical in a research note on Wednesday, February 21st. Evercore ISI upgraded shares of Ultragenyx Pharmaceutical from an in-line rating to an outperform rating in a research note on Monday, January 22nd. Stifel Nicolaus restated a buy rating and issued a $74.00 price objective (down from $85.00) on shares of Ultragenyx Pharmaceutical in a research note on Wednesday, February 21st. ValuEngine upgraded shares of Ultragenyx Pharmaceutical from a sell rating to a hold rating in a research note on Wednesday, April 4th. Finally, Wedbush reiterated a positive rating and set a $71.00 target price (up from $64.00) on shares of Ultragenyx Pharmaceutical in a research note on Wednesday, April 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company. Ultragenyx Pharmaceutical presently has a consensus rating of Buy and an average price target of $69.76.

  • [By Chris Lange]

    Buy-dip on several “Potential Blockbusters” Aimmune Therapeutics, Inc. (NASDAQ: AIMT), Audentes Therapeutics, Inc. (NASDAQ: BOLD), AveXis, Inc. (NASDAQ: AVXS), Bluebird Bio, Inc. (NASDAQ: BLUE), Esperion Therapeutics, Inc. (NASDAQ: ESPR), and Sage Therapeutics, Inc. (NASDAQ: SAGE) are buy-dip candidates given their bullish trends and favorable technical patterns. Intercept Pharmaceuticals, Inc. (NASDAQ: ICPT), Prothena Corp. PLC (NASDAQ: PRTA), Tesaro, Inc. (NASDAQ: TSRO) and Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) have bearish set-ups. Heron Therapeutics, Inc. (NASDAQ: HRTX) is bigger picture bullish, but may correct further on a move below $19.55. Clovis Oncology, Inc. (NASDAQ: CLVS) has bearish set-up and bulls need to push above $69 to invalidate.

Top 10 Stocks For 2019: Fiesta Restaurant Group, Inc.(FRGI)

Advisors' Opinion:
  • [By Demitrios Kalogeropoulos]

    Fiesta Restaurant Group�(NASDAQ:FRGI), home of the Pollo Tropical and Taco Cabana fast-casual chains, is back in Wall Street's good graces after a tough 2017 that was marked by falling sales at existing locations and an overall net loss. Its rebound plan, which includes cost cuts, menu improvements, and increased marketing investments, appears to be working. Sales returned to modest growth in the Pollo Tropical segment and are looking better at Taco Cabana. Those gains represent just the first small step in bringing the business back toward the nearly 10% operating margin shareholders saw in 2015, up from roughly 3% today.�

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Fiesta Restaurant Group (FRGI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Lisa Levin] Gainers Integrated Media Technology Limited (NASDAQ: IMTE) rose 30.8 percent to $22.00 in pre-market trading after declining 18.63 percent on Monday. Nevsun Resources Ltd. (NYSE: NSU) rose 14.5 percent to $3.40 in pre-market trading after Lundin Mining Corporation and Euro Sun Mining Inc. proposed to acquire Nevsun Resources for around C$1.5 billion. Sharing Economy International Inc. (NASDAQ: SEII) rose 15.2 percent to $4.25 in pre-market trading after the company disclosed that it entered into a license agreement with Ecrent Capital Holdings Limited. Veeco Instruments Inc. (NASDAQ: VECO) shares rose 14.1 percent to $19.50 in pre-market trading after reporting stronger-than-expected earnings for its first quarter. Impinj, Inc. (NASDAQ: PI) rose 13.4 percent to $15.40 in pre-market trading after reporting Q1 results. SandRidge Energy, Inc. (NYSE: SD) shares rose 13.2 percent to $16.45 in pre-market trading following Q1 results. Blink Charging Co. (NASDAQ: BLNK) rose 12.6 percent to $4.55 in pre-market trading after jumping 171.14 percent on Monday. Crocs, Inc. (NASDAQ: CROX) shares rose 10 percent to $16.66 in pre-market trading after the company reported better-than-expected earnings for its first quarter and issued strong sales forecast for the second quarter. Pareteum Corporation (NASDAQ: TEUM) rose 9.7 percent to $3.05 in pre-market trading after announcing Q1 results. Dean Foods Company (NYSE: DF) rose 8 percent to $9.00 in pre-market trading after reporting upbeat Q1 earnings. Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) rose 7.3 percent to $23.45 in pre-market trading following Q1 results. IAMGOLD Corporation (NYSE: IAG) rose 7.1 percent to $6.09 in pre-market trading after reporting upbeat Q1 earnings. TC PipeLines, LP (NYSE: TCP) rose 6.4 percent to $27 in pre-market trading after gaining 2.08 percent on Monday. Carrols Restaurant Group, Inc. (NASDAQ: TAST) rose 6.3 percent to $11.75 in pre-market trading fol
  • [By Lisa Levin] Gainers ProPhase Labs, Inc. (NASDAQ: PRPH) gained 50.7 percent to $4.34 after the company announced a special $1.00 per share cash dividend. Impinj, Inc. (NASDAQ: PI) surged 28.4 percent to $17.44 after reporting Q1 results. Cardlytics, Inc. (NASDAQ: CDLX) gained 22 percent to $17.945. Care.com, Inc. (NYSE: CRCM) shares rose 19.3 percent to $18.92 following Q1 earnings. Sharing Economy International Inc. (NASDAQ: SEII) jumped 19.1 percent to $4.3934 after the company disclosed that it entered into a license agreement with Ecrent Capital Holdings Limited. Blink Charging Co. (NASDAQ: BLNK) rose 18.6 percent to $4.79 after jumping 171.14 percent on Monday. IntriCon Corporation (NASDAQ: IIN) climbed 17.4 percent to $29.30 after reporting Q1 results. Nevsun Resources Ltd. (NYSE: NSU) rose 16.2 percent to $3.45 after Lundin Mining Corporation and Euro Sun Mining Inc. proposed to acquire Nevsun Resources for around C$1.5 billion. Tactile Systems Technology, Inc. (NASDAQ: TCMD) gained 15.4 percent to $42.61 following Q1 results. eGain Corporation (NASDAQ: EGAN) gained 15.3 percent to $10.55 following Q3 earnings. Dean Foods Company (NYSE: DF) rose 13.8 percent to $9.48 after reporting upbeat Q1 earnings. Sterling Construction Company, Inc. (NASDAQ: STRL) shares surged 13.1 percent to $13.42 after reporting Q1 results. USA Technologies, Inc. (NASDAQ: USAT) climbed 11.9 percent to $10.85 following better-than-expected Q3 earnings. scPharmaceuticals Inc. (NASDAQ: SCPH) gained 11.2 percent to $14.45 following Q1 results. Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) rose 10.2 percent to $24.08 following Q1 results. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares rose 7.9 percent to $19.60 as the company posted upbeat Q1 results and raised its outlook. Carrols Restaurant Group, Inc. (NASDAQ: TAST) rose 7.7 percent to $11.90 following upbeat Q1 results. Pareteum Corporation (NASDAQ: TEUM) rose 6.8 perc
  • [By Jeremy Bowman]

    Shares of�Fiesta Restaurant Group Inc.�(NASDAQ:FRGI) were moving higher today after the parent of fast-casual chains Pollo Tropical and Taco Cabana posted better-than-expected results in its first-quarter earnings report. Margins improved at Pollo Tropical, and comparable sales increased at both chains in April after the quarter ended.

Top 10 Stocks For 2019: Chuy's Holdings, Inc.(CHUY)

Advisors' Opinion:
  • [By Shane Hupp]

    Arcos Dorados (NYSE: ARCO) and Chuy’s (NASDAQ:CHUY) are both small-cap retail/wholesale companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, risk, institutional ownership, earnings, profitability, valuation and analyst recommendations.

  • [By Ethan Ryder]

    Papa Murphy’s (NASDAQ: FRSH) and Chuy’s (NASDAQ:CHUY) are both small-cap retail/wholesale companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, profitability, analyst recommendations and valuation.

  • [By Dan Caplinger]

    As an investor, it's always hard when a company you love doesn't see things go its way. I ate at Tex-Mex chain Chuy's Holdings (NASDAQ:CHUY) original Austin locations hundreds of times during my time in Texas' capital city, and eating at not one but two of its Houston-area restaurants on a recent trip to my hometown was a highlight of my time there. Yet despite my own contributions toward boosting Chuy's sales performance, the company's broader fortunes have remained mixed, and a brutally competitive restaurant industry has made it hard for Chuy's to keep itself moving forward despite its ambitious expansion efforts.

  • [By Max Byerly]

    Chuy’s (NASDAQ:CHUY) CEO Steven J. Hislop sold 3,690 shares of the company’s stock in a transaction dated Friday, May 4th. The stock was sold at an average price of $30.00, for a total transaction of $110,700.00. Following the completion of the transaction, the chief executive officer now owns 132,460 shares in the company, valued at approximately $3,973,800. The sale was disclosed in a legal filing with the SEC, which is available through this link.

  • [By Motley Fool Staff]

    Chuy's Holdings (NASDAQ:CHUY) Q1 2018 Earnings Conference CallMay. 8, 2018 4:30 p.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

Top 10 Stocks For 2019: Nuveen Core Equity Alpha Fund(JCE)

Advisors' Opinion:
  • [By Ethan Ryder]

    Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 15th will be paid a dividend of 0.2775 per share on Monday, July 2nd. This represents a $1.11 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date of this dividend is Thursday, June 14th.

  • [By Max Byerly]

    Shaker Financial Services LLC lessened its holdings in shares of Nuveen Core Equity Alpha (NYSE:JCE) by 70.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 46,154 shares of the company’s stock after selling 112,257 shares during the period. Shaker Financial Services LLC’s holdings in Nuveen Core Equity Alpha were worth $674,000 at the end of the most recent reporting period.

Top 10 Stocks For 2019: NovoCure Limited(NVCR)

Advisors' Opinion:
  • [By Chris Lange]

    Novocure Ltd. (NASDAQ: NVCR) announced results from its Phase 3 INNOVATE trial of TTFields in platinum-resistant ovarian cancer. There were no major surprises, except study size is larger than some investors expected, which is not concerning. INNOVATE-3 is set to start later this year and as previously announced will enroll patients with recurrent platinum-resistant ovarian cancer.

  • [By Ethan Ryder]

    NovoCure (NASDAQ:NVCR) Director Gabriel Leung sold 80,000 shares of the firm’s stock in a transaction on Wednesday, May 16th. The stock was sold at an average price of $28.83, for a total value of $2,306,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

  • [By Chris Lange]

    NocoCure Ltd. (NASDAQ: NVCR) is scheduled to release its fourth-quarter earnings report on February 22 as well. The consensus estimates call for a net loss of $0.11 per share and $53.52 million in revenue. The same period of last year had a net loss of $0.26 per share and $30.24 million in revenue. Shares of Novocure most recently closed at $21.50, with a consensus price target of $27.00 and a 52-week range of $6.75 to $24.15.

Top 10 Stocks For 2019: KAR Auction Services, Inc(KAR)

Advisors' Opinion:
  • [By Lisa Levin]

     

    Companies Reporting After The Bell Marriott International, Inc. (NASDAQ: MAR) is projected to post quarterly earnings at $1.22 per share on revenue of $5.72 billion. Electronic Arts Inc. (NASDAQ: EA) is estimated to post quarterly earnings at $1.04 per share on revenue of $5.68 billion. The Walt Disney Company (NYSE: DIS) is projected to post quarterly earnings at $1.68 per share on revenue of $14.05 billion. Papa John's International, Inc. (NASDAQ: PZZA) is expected to post quarterly earnings at $0.62 per share on revenue of $441.73 million. Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is projected to post quarterly earnings at $2.77 per share on revenue of $434.87 million. Sun Life Financial Inc. (NYSE: SLF) is estimated to post quarterly earnings at $0.89 per share on revenue of $6.38 billion. LATAM Airlines Group S.A. (NYSE: LTM) is expected to post quarterly earnings at $0.16 per share on revenue of $2.70 billion. Liberty Global plc (NASDAQ: LBTYA) is projected to post quarterly earnings at $0.02 per share on revenue of $4.05 billion. TripAdvisor, Inc. (NASDAQ: TRIP) is expected to post quarterly earnings at $0.16 per share on revenue of $362.11 million. The Wendy's Company (NASDAQ: WEN) is projected to post quarterly earnings at $0.1 per share on revenue of $379.98 million. A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is expected to post quarterly earnings at $0.06 per share on revenue of $1.69 billion. Monster Beverage Corporation (NASDAQ: MNST) is estimated to post quarterly earnings at $0.4 per share on revenue of $849.38 million. Convergys Corporation (NYSE: CVG) is expected to post quarterly earnings at $0.4 per share on revenue of $670.10 million. ScanSource, Inc. (NASDAQ: SCSC) is projected to post quarterly earnings at $0.7 per share on revenue of $875.91 million. KAR Auction Services, Inc. (NYSE: KAR) is expected to post quarterly earnings at $0.76 per share on revenue of $923.13
  • [By Max Byerly]

    KAR Auction Services, Inc. (NYSE:KAR) – Equities researchers at Northcoast Research reduced their Q3 2018 EPS estimates for shares of KAR Auction Services in a research report issued on Wednesday, May 9th. Northcoast Research analyst J. Healy now expects that the specialty retailer will post earnings of $0.72 per share for the quarter, down from their previous forecast of $0.73.

  • [By Joseph Griffin]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get KAR Auction Services alerts: ADESA to auction off 2018 Honda Accord to benefit NIADA Foundation (autoremarketing.com) Donald S. Gottwald Sells 10,000 Shares of KAR Auction Services Inc (KAR) Stock (americanbankingnews.com) KAR Auction Services Inc (KAR) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com) ADESA Canada Names New Vice President of Dealer Sales (finance.yahoo.com) ADESA announces 2 newly promoted Chicago, Fresno GMs (autoremarketing.com)

    A number of brokerages have issued reports on KAR. Barrington Research reiterated a “buy” rating on shares of KAR Auction Services in a report on Monday, May 7th. Robert W. Baird reiterated a “buy” rating and issued a $60.00 price target on shares of KAR Auction Services in a report on Thursday, March 1st. Gabelli upgraded shares of KAR Auction Services from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Guggenheim began coverage on shares of KAR Auction Services in a report on Tuesday, April 17th. They issued a “neutral” rating on the stock. Finally, ValuEngine downgraded shares of KAR Auction Services from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. KAR Auction Services presently has an average rating of “Buy” and an average price target of $58.78.

Top 10 Stocks For 2019: Mueller Industries, Inc.(MLI)

Advisors' Opinion:
  • [By Ethan Ryder]

    Swiss National Bank grew its position in shares of Mueller Industries, Inc. (NYSE:MLI) by 3.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,400 shares of the industrial products company’s stock after buying an additional 3,100 shares during the period. Swiss National Bank owned about 0.17% of Mueller Industries worth $2,496,000 as of its most recent SEC filing.

Top 10 Stocks For 2019: Blueprint Medicines Corporation(BPMC)

Advisors' Opinion:
  • [By Todd Campbell]

    After clinical-stage competitor Loxo Oncology (NASDAQ:LOXO) presented impressive data at the American Society of Clinical Oncology (ASCO) meeting this weekend, shares in Blueprint Medicines (NASDAQ:BPMC) tumbled by as much as 16% on Monday.

  • [By Stephan Byrd]

    Fernwood Investment Management LLC lessened its holdings in shares of Blueprint Medicines (NASDAQ:BPMC) by 29.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,696 shares of the biotechnology company’s stock after selling 1,120 shares during the period. Fernwood Investment Management LLC’s holdings in Blueprint Medicines were worth $247,000 at the end of the most recent reporting period.

  • [By Shane Hupp]

    A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BPMC. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Blueprint Medicines by 57.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,866 shares of the biotechnology company’s stock valued at $141,000 after acquiring an additional 680 shares in the last quarter. QS Investors LLC acquired a new position in Blueprint Medicines in the 4th quarter valued at about $173,000. First Mercantile Trust Co. acquired a new position in Blueprint Medicines in the 4th quarter valued at about $183,000. Tower Research Capital LLC TRC grew its position in Blueprint Medicines by 942.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,513 shares of the biotechnology company’s stock valued at $190,000 after acquiring an additional 2,272 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado acquired a new position in Blueprint Medicines in the 4th quarter valued at about $227,000. 97.79% of the stock is owned by institutional investors.

    COPYRIGHT VIOLATION NOTICE: “BidaskClub Downgrades Blueprint Medicines (BPMC) to Hold” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3356624/bidaskclub-downgrades-blueprint-medicines-bpmc-to-hold.html.

    Blueprint Medicines Company Profile

  • [By Todd Campbell]

    The big thing to watch this week will be how investors view Loxo's results in comparison to results presented earlier this year by Blueprint Medicines (NASDAQ:BPMC). Blueprint's BLU-667 also targets RET-fusions and at the American Association for Cancer Research meeting in April, Blueprint revealed a preliminary overall response rate of 50% for NSCLC and 40% for MTC. It's bad science to compare unrelated trials, so investors might be best off viewing Loxo and Blueprint's data as evidence that they're both working on a winning approach.

  • [By Todd Campbell]

    In this clip of The Motley Fool's Industry Focus Healthcare, host Kristine Harjes is joined by Motley Fool contributor Todd Campbell to discuss LOXO-292's opportunity and how competitor Blueprint Medicines (NASDAQ:BPMC) is challenging it. Also, the two analysts discuss why shares in Abiomed, Inc. (NASDAQ:ABMD) are soaring higher and if this is a high-priced stock that investors should embrace or ignore.

  • [By Ethan Ryder]

    Northern Trust Corp boosted its position in shares of Blueprint Medicines Corp (NASDAQ:BPMC) by 0.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 497,135 shares of the biotechnology company’s stock after acquiring an additional 726 shares during the period. Northern Trust Corp owned 1.13% of Blueprint Medicines worth $45,588,000 at the end of the most recent quarter.

Top 10 Stocks For 2019: Atlantic Coast Federal Corporation(ACFC)

Advisors' Opinion:
  • [By Ethan Ryder]

    Atlantic Coast Financial (NASDAQ: ACFC) and People’s United Financial (NASDAQ:PBCT) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, institutional ownership, profitability, risk and dividends.

Monday, July 9, 2018

Papa John’s Int’l (PZZA) Rating Lowered to Sell at BidaskClub

Papa John’s Int’l (NASDAQ:PZZA) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

Other analysts also recently issued research reports about the stock. Citigroup dropped their price target on shares of Papa John’s Int’l from $71.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, June 19th. Zacks Investment Research upgraded shares of Papa John’s Int’l from a “sell” rating to a “buy” rating and set a $69.00 price objective on the stock in a research note on Tuesday, May 1st. Stifel Nicolaus lowered their price objective on shares of Papa John’s Int’l from $60.00 to $57.00 and set a “hold” rating on the stock in a research note on Thursday, May 3rd. Longbow Research cut shares of Papa John’s Int’l from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $85.20 to $54.00 in a research note on Wednesday, May 9th. Finally, ValuEngine cut shares of Papa John’s Int’l from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 12th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $68.10.

Get Papa John's Int'l alerts:

Shares of Papa John’s Int’l opened at $51.06 on Wednesday, according to MarketBeat.com. The company has a current ratio of 1.15, a quick ratio of 0.96 and a debt-to-equity ratio of -2.28. The stock has a market cap of $1.62 billion, a PE ratio of 19.21, a P/E/G ratio of 1.68 and a beta of 0.50. Papa John’s Int’l has a 52-week low of $49.44 and a 52-week high of $81.09.

Papa John’s Int’l (NASDAQ:PZZA) last announced its quarterly earnings results on Tuesday, May 8th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.12). The company had revenue of $427.37 million for the quarter, compared to analysts’ expectations of $440.74 million. Papa John’s Int’l had a net margin of 5.17% and a negative return on equity of 90.29%. The business’s revenue was down 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 EPS. equities research analysts forecast that Papa John’s Int’l will post 2.31 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the company. Champlain Investment Partners LLC bought a new stake in Papa John’s Int’l during the 1st quarter worth approximately $41,465,000. Millennium Management LLC raised its stake in Papa John’s Int’l by 46.7% during the 4th quarter. Millennium Management LLC now owns 672,940 shares of the company’s stock worth $37,759,000 after acquiring an additional 214,352 shares during the period. Point72 Asset Management L.P. bought a new stake in Papa John’s Int’l during the 1st quarter worth approximately $7,606,000. Seven Eight Capital LP bought a new stake in Papa John’s Int’l during the 1st quarter worth approximately $6,199,000. Finally, JPMorgan Chase & Co. raised its stake in Papa John’s Int’l by 4.7% during the 1st quarter. JPMorgan Chase & Co. now owns 1,911,661 shares of the company’s stock worth $109,538,000 after acquiring an additional 85,677 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Papa John’s Int’l Company Profile

Papa John's International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. It operates through five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others.

Analyst Recommendations for Papa John`s Int`l (NASDAQ:PZZA)