Wednesday, February 27, 2019

Top Gold Stocks To Buy Right Now

tags:GSS,NGD,ORE,CME,NXG,

General Electric (GE ) , the American multinational conglomerate, and the last original company from the 1986 Dow, is no longer on the 30-stock index. After 110 years, GE was booted off the Dow yesterday and will be replaced by pharmacy giant Walgreens Boots Alliance (WBA ) .

General Electric was once the American golden child. The company, which was founded by Thomas Edison, was popular for making consumer products and industrial machinery.  GE was the first to invent or commercialize products such as the famous lightbulb and the electric fan. In August 2017, former CEO Jeff Immelt stepped down from his position. Since then, what once was a legendary company has been in a downward spiral. According to Forbes, Immelt lacked vision for his company and hardly led GE into new growth markets during his tenure. The company’s performance was poor during Immelt’s time and the stock fell 30% since he became CEO in 2001.

General Electric has been the only company to be on the Dow continuously since 1986, even though others have come and go. According to CNBC, this change will have a positive impact and make the index a better measure of the economy and the stock market. 

Top Gold Stocks To Buy Right Now: Golden Star Resources Ltd(GSS)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

  • [By Joseph Griffin]

    Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$1.48.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

  • [By Max Byerly]

    Golden Star Resources Ltd. (NYSEAMERICAN:GSS) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 10,021,831 shares, an increase of 6.9% from the September 14th total of 9,371,344 shares. Based on an average trading volume of 1,038,207 shares, the short-interest ratio is presently 9.7 days. Approximately 4.7% of the company’s shares are sold short.

Top Gold Stocks To Buy Right Now: NEW GOLD INC.(NGD)

Advisors' Opinion:
  • [By Stephan Byrd]

    JPMorgan Chase & Co. downgraded shares of New Gold (NYSEAMERICAN:NGD) from a neutral rating to an underweight rating in a research report released on Wednesday, The Fly reports.

  • [By Ethan Ryder]

    Commerzbank Aktiengesellschaft FI raised its holdings in shares of New Gold Inc (Pre-Merger) (NYSEAMERICAN:NGD) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,015,289 shares of the basic materials company’s stock after buying an additional 101,852 shares during the period. Commerzbank Aktiengesellschaft FI owned about 0.35% of New Gold Inc (Pre-Merger) worth $4,192,000 at the end of the most recent reporting period.

  • [By Lisa Levin] Gainers ARMO BioSciences, Inc. (NASDAQ: ARMO) shares rose 67.5 percent to $49.96 in pre-market trading after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. Turtle Beach Corporation (NASDAQ: HEAR) rose 62.8 percent to $11.30 in pre-market trading after the company reported Q1 results and raised its FY18 outlook. vTv Therapeutics Inc. (NASDAQ: VTVT) rose 23.4 percent to $2.11 in pre-market trading following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Resonant Inc. (NASDAQ: RESN) rose 19.1 percent to $5.00 in pre-market trading after reporting Q1 results. RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 17.7 percent to $2.39 in pre-market trading following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 15.2 percent to $2.20 in pre-market trading after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Everspin Technologies, Inc. (NASDAQ: MRAM) rose 14.6 percent to $8.50 in pre-market trading after the company reported strong results for its first quarter. Carvana Co. (NYSE: CVNA) shares rose 11 percent to $27.50 in pre-market trading after reporting upbeat Q1 sales. Sunrun Inc. (NASDAQ: RUN) rose 8.9 percent to $10.70 in pre-market trading following upbeat quarterly earnings. MediciNova, Inc. (NASDAQ: MNOV) rose 8.1 percent to $11.35 in pre-market trading after the company announced opening of Investigational New Drug Application for MN-166 (ibudilast) in glioblastoma. New Gold Inc. (NYSE: NGD) shares rose 7.7 percent to $2.65 in pre-market trading after the company reported that its President and CEO Hannes Portmann left the company. The company named Raymond Threlkeld as successor. Otter Tail Corporation (NASDAQ: OTTR) shares rose 7.4 percent to $46.60 in the pre-market trading session. Himax Technologies, Inc. (NASDAQ: HIMX) shares rose

Top Gold Stocks To Buy Right Now: Orezone Gold Corp (ORE)

Advisors' Opinion:
  • [By Jim Robertson]

    Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an "inability to access traditional funds has delayed the development of the sector" and that "these projects aren't easy -- so the banks just don't want to go there."

  • [By Stephan Byrd]

    Galactrum (ORE) is a PoW/PoS coin that uses the
    Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

  • [By Shane Hupp]

    Galactrum (ORE) is a PoW/PoS coin that uses the
    Lyra2RE hashing algorithm. It was first traded on December 13th, 2017. Galactrum’s total supply is 2,781,952 coins and its circulating supply is 2,061,952 coins. Galactrum’s official website is galactrum.org. Galactrum’s official Twitter account is @galactrum.

  • [By Stephan Byrd]

    Galactrum (CURRENCY:ORE) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on August 31st. Galactrum has a total market capitalization of $866,847.00 and approximately $5,272.00 worth of Galactrum was traded on exchanges in the last 24 hours. One Galactrum coin can now be purchased for about $0.42 or 0.00006032 BTC on major exchanges including Stocks.Exchange and Cryptopia. In the last seven days, Galactrum has traded 12.5% higher against the U.S. dollar.

Top Gold Stocks To Buy Right Now: CME Group Inc.(CME)

Advisors' Opinion:
  • [By Logan Wallace]

    Trexquant Investment LP purchased a new position in CME Group (NASDAQ:CME) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,661 shares of the financial services provider’s stock, valued at approximately $3,989,000.

  • [By Motley Fool Staff]

    In this segment from Motley Fool Money, host Chris Hill asks Fool senior analysts Andy Cross, Matt Argersinger, and Ron Gross to give us the lowdown on some companies that caught their attention recently. But only two picked were individual equities this time around: CME Group (NASDAQ:CME), operator of the world's largest futures and options exchange; and creative software publisher Adobe Systems (NASDAQ:ADBE). The third Fool had his interest piqued by an ETF -- namely, the iShares MSCI China (NASDAQ:MCHI) Index Fund.

  • [By Max Byerly]

    CME Group (NASDAQ:CME) was upgraded by analysts at BidaskClub from a hold rating to a buy rating.

    Get CME Group Inc alerts:

    Polarityte (NASDAQ:COOL) was upgraded by analysts at BidaskClub from a hold rating to a buy rating.

  • [By Shane Hupp]

    Cashme (CURRENCY:CME) traded down 0.1% against the US dollar during the 1-day period ending at 10:00 AM E.T. on August 27th. Over the last week, Cashme has traded up 55.3% against the US dollar. Cashme has a market cap of $0.00 and $0.00 worth of Cashme was traded on exchanges in the last 24 hours. One Cashme coin can currently be bought for approximately $0.0003 or 0.00000003 BTC on exchanges.

Top Gold Stocks To Buy Right Now: Northgate Minerals Corporation(NXG)

Advisors' Opinion:
  • [By Shane Hupp]

    Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Tuesday, February 26, 2019

FDA Warns Against Thermography for Breast Cancer Screening

The U.S. Food and Drug Administration (FDA) on Monday warned health care providers, cancer-treatment advocacy groups, people recommended for breast cancer screening and all women not to use thermography devices to detect, diagnose or screen for breast cancer.

Thermography devices use infrared cameras to produce images showing patterns of heat and blood flow on or near the surface of the body. The devices have been cleared for use only when used with another diagnostic test, not as a stand-alone diagnostic tool.

In the warning letter published Monday, the FDA noted that it had issued a separate warning on Friday to Total Thermal Imaging (TTI), which markets its Thermography Business Package as a “sole screening device for breast cancer and other diseases,” including “early detection of the diagnosis of many disorders including breast cancer, inflammatory breast cancer, pre-stroke, heart disease, deep vein thrombosis, reflex sympathetic dystrophy/complex regional pain syndrome, back, leg or headache, and even unexplained pain, TMJ, and other disease.”

The FDA states that there is no valid scientific data showing that thermography devices, either used in conjunction with another device or by itself, “are an effective screening tool for any medical condition.” Mammography, the FDA reiterated, “is the most effective breast cancer screening method and the only method proven to increase the chance of survival through earlier detection.”

The FDA inspected the company in July and August of 2018, notifying it of several other violations as well. TTI failed to respond in writing to the FDA’s inspection, as it had promised to do, within 15 days of the FDA inspection.

The FDA means business this time:

[TTI] should immediately cease distribution of the Thermography Business Package and take prompt action to correct the violations addressed in this letter. Failure to promptly correct these violations may result in regulatory action being initiated by the FDA without further notice. These actions include, but are not limited to, seizure, injunction, and civil money penalties. Also, federal agencies may be advised of the issuance of Warning Letters about devices so that they may take this information into account when considering the award of contracts. … Requests for Certificates to Foreign Governments will not be granted until the violations related to the subject devices have been corrected.

Last November the FDA sent a warning letter to Thermogram Assessment Services for a similar violation.

24/7 Wall St.
America’s Unsafe Medical Products

Monday, February 25, 2019

Musk says the tech is 'mind-bogglingly stupid,' but hydrogen cars may test Tesla

Tesla and its competitors in the battery-powered electric vehicle market dominate debate over who will control the future of cars, but there's another kind of green transportation technology making inroads in the United States, and it is based on the planet's most abundant resource.

Fuel cell electric vehicles (FCEVs) combine hydrogen stored in a tank with oxygen from the air to produce electricity, with water vapor as the by-product. Unlike more common battery-powered electric vehicles, fuel cell vehicles don't need to be plugged in, and current models all exceed 300 miles of range on a full tank. They're filled up with a nozzle almost as quickly as traditional gas and diesel vehicles. While fuel cell vehicles themselves only emit water vapor from their tailpipes, the Union of Concerned Scientists notes that producing hydrogen can lead to pollution. Though renewable sources of hydrogen, such as agricultural and waste sites, are increasing, the majority of the hydrogen sourced for fuel comes from traditional natural gas extraction. Still, the impact is still less than gasoline-powered counterparts.

Hydrogen power has been on the market for years but in an extremely limited capacity. There are currently 39 public hydrogen fueling stations in California (with another 25 in development), along with a couple in Hawaii. Now the East Coast is getting its own infrastructure. A handful of stations are up and running, and more are in the works in New York, New Jersey, Massachusetts, Connecticut and Rhode Island.

Commercial success, consumer challenges

Hydrogen is more established in the commercial market. There are more than 23,000 fuel cell-powered forklifts in operation at warehouses and distribution centers across the U.S. in more than 40 states, including at Amazon and Walmart facilities. There are dozens of fuel cell buses in use or planned in Ohio, Michigan, Illinois and Massachusetts, as well as California.

Consumer hydrogen refueling stations are increasing throughout the world. Toyota and Honda are teaming up with the government in Quebec to build hydrogen infrastructure in Montreal this year, and even oil-rich Saudi Arabia is getting its first station.

Toyota, the world's second-largest automaker, is the largest player in the U.S. consumer market for hydrogen fuel cell cars. Its Mirai – a hydrogen fuel cell family car – has found 5,000 buyers since it was introduced in the fall of 2015. Russ Koble, a spokesman in Toyota's environmental and advanced technology group, said the company expects sales to increase as more fueling stations open.

"Toyota has long maintained that hydrogen fuel cell technology could be a zero-emission solution across a broad spectrum of vehicle types," he said.

Toyota says the scalability of hydrogen fuel cell technology also has led to two applications for California feasibility studies in another area of interest to Tesla: semi-trailer trucks.

Toyota Motor's hydrogen fuel cell powered semi-truck is displayed at AutoMobility LA ahead of the Los Angeles Auto Show Patrick T. Fallon | Bloomberg | Getty Images Toyota Motor's hydrogen fuel cell powered semi-truck is displayed at AutoMobility LA ahead of the Los Angeles Auto Show

Honda also has made a big commitment to hydrogen. There are currently nearly 1,100 Honda Clarity Fuel Cell vehicles on the road in the U.S., said Natalie Kumaratne, a Honda spokeswoman. Honda only offers the Clarity Fuel Cell in California for lease — it offers battery electric power and hybrid versions of the car for lease or sale. Out of the 20,174 total Claritys sold or leased in 2018, 624 were fuel cell variants, 948 were battery-electrics, and 18,602 were the plug-in hybrid.

Honda and Toyota have teamed up with a subsidiary of Shell Oil to build new hydrogen fueling stations in California. Two have been built thus far, and five are in the works, Kumaratne said. The company is advocating for stations in the Northeastern United States, with several in development. "Partnering with other hydrogen fuel cell manufacturers and industry influencers makes sense. We all have skin in the game," she said.

Hyundai, which currently has 220 hydrogen fuel cell vehicles on the road in the U.S., also sees sales increasing. "We expect the Northeast to be the next big region of hydrogen infrastructure growth," said Derek Joyce, spokesman for the Korean manufacturer's product and advanced powertrain group. The company just introduced the Nexo to the U.S. The EPA rates the midsize crossover's range up to 380 miles, longer than any battery-powered EV on the market.

As of Feb.1, just over 6,000 fuel cell electric vehicles had been sold and leased in the U.S., double Japan, the next biggest market.

Musk on hydrogen 'fool cells'

Tesla co-founder and CEO Elon Musk has dismissed hydrogen fuel cells as "mind-bogglingly stupid," and that is not the only negative thing he has had to say about the technology. He has called them "fool cells," a "load of rubbish," and told Tesla shareholders at an annual meeting years ago that "success is simply not possible."

Musk found a surprising source of support in 2017, when Yoshikazu Tanaka, chief engineer in charge of the Mirai, told Reuters, "Elon Musk is right — it's better to charge the electric car directly by plugging in." But the Toyota executive added that hydrogen is a viable alternative to gasoline. Toyota chairman Takeshi Uchiyamada told Reuters at the same Tokyo auto show in 2017, "We don't really see an adversary 'zero-sum' relationship between the EV (battery powered electric vehicle) and the hydrogen car. We're not about to give up on hydrogen electric fuel-cell technology at all."

The auto industry as a whole has not embraced Musk's battery-or-bust vision of the future. A 2017 survey of 1,000 senior auto executives conducted by KPMG found they believe hydrogen fuel cells have a better long-term future than electric cars and will represent "the real breakthrough" (78 percent), with the auto executives citing the short refueling time of just a few minutes as a major advantage. Sixty-two percent told KPMG that infrastructure challenges will result in the battery-powered electric vehicle market's undoing.

In California, debate continues over whether the subsidies offered by the state to jump-start the fuel cell market have paid back the investment as judged by the limited use of refueling stations and lack of profits. California is committed to the effort begun under former Gov. Jerry Brown to fund renewable energy initiatives, which included a $900 million zero-emissions vehicles plan and funding for electric vehicle charging infrastructure, including 200 hydrogen stations by 2025.

"We could see hydrogen fuel cell systems that cost four times less than lithium-ion batteries, as well as providing a much longer range." -David Antonelli, chair of physical chemistry at Lancaster University

GM has not released a fuel cell vehicle for the consumer market, but it has a joint venture with Honda to produce fuel cell stacks at a Michigan plant, a deal that started in 2013 and expanded in 2017, when both companies said the Michigan plant where the fuel stacks are being made could produce vehicles starting in 2020.

Ford has experimented with fuel cell variants of its Focus and Fusion cars, as well as the Edge crossover, but does not offer any such vehicles for sale.

"With a steadily growing share of renewable energies, hydrogen fuel cells could play a role in the future," said a Ford spokesman. "In terms of a widespread market launch, however, the battery is currently in a superior position to the fuel cell – not least because of the cost situation and the available infrastructure. Our work will continue to focus on electrification as we monitor hydrogen's progress. We have no current plans to offer hydrogen fuel cell vehicles."

Fiat Chrysler does not have a fuel cell vehicle on sale in the U.S., but for 15 years it has supported research led by Professor David Antonelli, the chair of physical chemistry at Lancaster University in the U.K., that could bring costs down for the technology. His team is working with a material that enables fuel tanks to be smaller, cheaper and more energy-dense than existing hydrogen fuel technologies as well as battery-powered vehicles.

"The cost of manufacturing our material is so low, and the energy density it can store is so much higher than a lithium-ion battery, that we could see hydrogen fuel cell systems that cost four times less than lithium-ion batteries, as well as providing a much longer range," said Antonelli. The technology has been licensed to a for-profit company called Kubagen, set up by Antonelli.

Car model and refueling prices remain big issues

Safety is a concern, as hydrogen is flammable, but so is gasoline and lithium-ion batteries. The transportation of hydrogen for use at refueling stations poses additional safety risks — stations use sensors to monitor for leaks. There have not been serious incidents reported in California, and the industrial sector has been transporting hydrogen for decades.

According to the National Fire Protection Association, alternative-fueled vehicles, a category that includes both hydrogen fuel cell and battery-powered electric, are not more hazardous than traditional internal combustion engines. The NFPA's statistics reveal that approximately every 3 minutes there is a car fire in the U.S. from an internal combustion engine vehicle.

The biggest hurdle, however, may be cost.

The average price for hydrogen fuel in California is about $16/kg — gasoline is sold by the gallon (volume) and hydrogen by the kilogram (weight). To put that in perspective, 1 gal of gasoline has about the same amount of energy as 1 kg of hydrogen. Most fuel cell electric cars carry about 5 kg to 6 kg of hydrogen but go twice the distance of a modern internal combustion engine car with equivalent gas in the tank, which works out to a gasoline-per-gallon equivalent between $5 and $6.

Hydrogen fuel cell cars now average between 312 miles and 380 miles in range, according to the EPA. They will cost about $80 to refuel from empty (most drivers don't let the tank run down to empty before they refuel, so end up refueling at a cost of $55 to $65). That cost is currently being paid for by automakers, who provide lessees with prepaid cards for three years of fueling, up to $15,000. In California, which has the nation's highest gas prices, filling up a conventional car with a large gas tank can cost $40 or more.

Kelley Blue Book estimates annual fuel costs for the Toyota Mirai, Honda Clarity Fuel Cell and Hyundai Nexo at $4,495, which is three to four times the cost of gas-powered alternatives.

"We recognize the automakers can't keep paying for fuel, and we see the line of sight to get there, but it is a volume game and we need to hit a critical mass," said Shane Stephens, principal and chief development officer at FirstElement Fuel, which runs 19 of the 39 hydrogen refueling stations in California and is developing 12 of the 25 additional stations for the state. His company's near-term target is $10/kg, which would equate to roughly $4/gal of gas. "That is a good near-term acceptable number to hit in the next three to five years and get people off automaker-subsidized fuel," Stephens said.

The biggest problem: The cars remain expensive. Nexo, for instance, is the most expensive Hyundai on sale in the U.S., with a starting price of $59,345 (starting prices for the brand's comparably-sized Santa Fe start at $24,250). The Toyota Mirai and Honda Clarity fuel cell models have a similar MSRP in the $59,000 range. These car purchases are eligible for government rebates — in California there is a $5,000 tax rebate available.

Leasing has been a popular consumer choice for fuel cell and battery electric cars because the technology is new and early adopters don't want to be tied into a current model for a long time as the technology advances and efficiency improves.

As with any new technology, fuel cell costs should come down if the market grows and achieves economies of scale in manufacturing and infrastructure. "Honda has a long-term commitment to hydrogen, but you can't sell vehicles without infrastructure," Kumaratne said.

Stephens said if the market can reach "a few hundred thousand cars" in California, it can be cost-competitive with gasoline. That represents a big jump from the 6,000 cars sold so far, but most new auto markets start with limited production runs. Toyota has said it plans to increase production from 3,000 Mirai units per year to 30,000 cars by 2021. "That is a tenfold magnitude increase."

"A few hundred thousand cars in California is not that far off. And that is just Toyota," Stephens said. "This is not about subsidizing the entire growth of the infrastructure but just helping us get over the hump, and that is on the horizon. If we get to a few hundred thousand cars, we can really start to sunset government subsidies and be self-sustaining."

Sunday, February 24, 2019

TIAA CREF Investment Management LLC Sells 2,468 Shares of Marlin Business Services Corp. (MRLN)

TIAA CREF Investment Management LLC reduced its position in Marlin Business Services Corp. (NASDAQ:MRLN) by 12.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,342 shares of the financial services provider’s stock after selling 2,468 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.14% of Marlin Business Services worth $500,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Algert Global LLC acquired a new stake in shares of Marlin Business Services in the 3rd quarter worth $208,000. First Trust Advisors LP increased its holdings in shares of Marlin Business Services by 41.7% in the third quarter. First Trust Advisors LP now owns 14,358 shares of the financial services provider’s stock valued at $414,000 after purchasing an additional 4,225 shares during the period. Globeflex Capital L P increased its holdings in shares of Marlin Business Services by 125.7% in the third quarter. Globeflex Capital L P now owns 15,800 shares of the financial services provider’s stock valued at $456,000 after purchasing an additional 8,800 shares during the period. Millennium Management LLC acquired a new position in shares of Marlin Business Services in the second quarter valued at approximately $587,000. Finally, Monarch Partners Asset Management LLC increased its holdings in shares of Marlin Business Services by 13.8% in the third quarter. Monarch Partners Asset Management LLC now owns 25,170 shares of the financial services provider’s stock valued at $726,000 after purchasing an additional 3,050 shares during the period. 83.97% of the stock is owned by hedge funds and other institutional investors.

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A number of research firms have commented on MRLN. ValuEngine downgraded Marlin Business Services from a “hold” rating to a “sell” rating in a research report on Thursday, January 17th. Zacks Investment Research upgraded Marlin Business Services from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Thursday, February 7th. Finally, BidaskClub downgraded Marlin Business Services from a “hold” rating to a “sell” rating in a research report on Thursday, November 8th.

Marlin Business Services stock opened at $23.56 on Friday. The firm has a market capitalization of $288.31 million, a P/E ratio of 11.55 and a beta of 0.93. Marlin Business Services Corp. has a 52 week low of $17.51 and a 52 week high of $31.95. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.90.

Marlin Business Services (NASDAQ:MRLN) last released its earnings results on Thursday, January 31st. The financial services provider reported $0.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.02). The business had revenue of $23.68 million during the quarter, compared to analyst estimates of $24.50 million. Marlin Business Services had a net margin of 19.99% and a return on equity of 13.41%. Research analysts predict that Marlin Business Services Corp. will post 2.31 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Monday, February 11th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, February 8th. This represents a $0.56 annualized dividend and a yield of 2.38%. Marlin Business Services’s dividend payout ratio is presently 27.45%.

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Marlin Business Services Profile

Marlin Business Services Corp., through its subsidiaries, provides equipment financing solutions to small and mid-sized businesses in the United States. It finances approximately 100 categories of equipment, including commercial and industrial, restaurant, auto, medical, VOIP, and printing equipment, as well as computer software, copiers, cash registers, dental implant systems, and other commercial equipment.

See Also: What is Cost of Debt?

Want to see what other hedge funds are holding MRLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marlin Business Services Corp. (NASDAQ:MRLN).

Institutional Ownership by Quarter for Marlin Business Services (NASDAQ:MRLN)

Saturday, February 23, 2019

Global Payments' Successful Software Makeover

Over the past several years, the payments industry has exploded with innovation, as fintech players such as PayPal Holdings and Square have smartly leveraged technology to solve traditional pain points for merchants and financial institutions alike. But if traditional payment processing companies were supposed to roll over and surrender, it appears Global Payments Inc (NYSE:GPN) didn't get the memo.

In Global Payments' 2018 fourth quarter, which ended in late December, adjusted net revenue rose to $1.04 billion, a 12% increase year over year, and adjusted earnings per share (EPS) grew to $1.33, a 24% increase. The payment processing company managed to grow revenue and earnings by double digits, all while expanding its operating margin, which came in at 31.6% in the quarter.

Global Payments' Metrics Full-Year 2018 Full-Year 2017 Change
Adjusted revenue $3.97 billion $3.46 billion 15%
Adjusted EPS $5.19 $4.01 29%
Operating margin 31.7 30.4 1.3 percentage points

Data source: Global Payments Inc. 

The company has managed to keep pace with nimble, deep-pocketed fintech competitors by following a deliberate strategy to orient its business toward a software-as-a-service (SaaS) model, targeting specific software vertical niches where the market was fragmented and ripe for innovation and disruption. It has, slowly but surely, implemented this strategy via acquisitions, partnerships, and internal development. Let's take a closer look at what Global Payments is getting right.

The quiet SaaS transformation

It's not technically accurate to label Global Payments as an SaaS company. It captures the vast majority of its revenue by enabling merchants to accept card and digital payments at the point of sale for both online and face-to-face transactions. For each transaction, Global Payments collects small fees. Most of these fees end up going back to the card-issuing banks as interchange fees or to the card's payment network, such as Mastercard or Visa. However, a tiny sliver goes into Global Payments' coffers for its role in the transaction.

A man has a finger on his cell phone, with a credit card in his other hand.

Image source: Getty Images.

Payment processing services are largely commoditized, however, meaning they do not require much expertise and businesses can fulfill this need fairly cheaply. Smart businesses, such as Square, have developed entire ecosystems around their payment processing services, offering lucrative features that make their entire platform sticky and difficult for merchants to leave.

While Global Payments has not developed the same comprehensive tools that Square has, it has targeted software platforms that are used in specific industries using partnerships and acquisitions. It then integrates its payment processing capabilities into these platforms. The end effect is the same: Global Payments is developing a sticky platform that makes it awfully hard for its sellers to leave.

The successful examples

Management's goal is for this "technology-enabled distribution" to account for 60% of its revenue by the end of 2020, and management says it made "substantial progress" toward this goal in 2018. It has already built up a sizable collection of such software verticals, giving it significant market penetration in several different industries. 

For instance, in 2017 Global Payments acquired ACTIVE Network for about $1 billion. ACTIVE Network makes event planning software often used for events such as marathons, youth camps, and sports leagues. Among its customers it counts Ironman, YMCA, and several state park departments.  

Last year, it acquired AdvancedMD, a provider of cloud-based software solutions to doctors' offices, for $700 million. AdvancedMD helps doctors' offices automate their back office needs by fulfilling tasks such as record management, scheduling, and billing.  

It's not just acquisitions, however, that Global Payments is using to fuel its growth; it's also partnerships. Just this quarter, for instance, the company announced it would be partnering with PowerSchool, a K-12 educational platform that can be used for a variety of school operations.

The core-edge approach

While each one of these specific verticals is relatively small, they collectively add up to form a significant revenue stream. How has Global Payments managed to successfully progress with such a diverse collection of businesses? In the company's Q4 conference call, CEO Jeff Sloan answered that question:

Once we close an acquisition, we follow a core and edge approach to integrating and operating those businesses ... Our edge businesses continued to do what they do best, which is ensuring their software solutions maintain market leadership position ... At the core, we also leverage our capabilities to extend and monetize the payments opportunities transactionally that are inherent in these businesses on a local and global basis. In addition, we provide support through scale, technology infrastructure and architecture, compliance, and information security just to name a few.

In other words, Global Payments lets its growing list of companies do what they do best: Work within their markets and interact with their customer base. Meanwhile, Global Payments provides them with technology and payments infrastructure at scale.

Why you should keep your eye on Global Payments

Global Payments is a company that smartly read the tea leaves that its industry was beginning to undergo significant changes years ago. It began to take the necessary steps to ensure it wouldn't be left behind, offering just a commoditized service with shrinking margins. The result is impressive. Global Payments is a company that should continue to offer shareholders market-beating returns for years to come.

Thursday, February 21, 2019

Top 5 Oil Stocks To Watch For 2019

tags:MRO,HAL,ECA,APA,RIG, By Dan Skelly, Executive Director and Head of Morgan Stanley Wealth Management's Equity Model Portfolio Team

This year’s stock market leaders and laggards have pretty much performed along with their fundamentals. So what is the data telling us about the rest of 2017?

Loan growth, rising dividends and stronger capital market activity may signal opportunities in the lagging sector.

As U.S. economic surprises slowed in the first half of the year, growth stocks—led by tech and health care—rebounded sharply from their post-election sell-off, offering the potential for growth. In this same period, economies in Europe and the emerging markets strengthened, boosting global cyclicals. Lagging have been energy, which suffered an oil glut, and retail stores, which lost ground to e-commerce. The weaker dollar has helped global staples and consumer products, and lower interest rates bolstered utilities.

Top 5 Oil Stocks To Watch For 2019: Marathon Oil Corporation(MRO)

Advisors' Opinion:
  • [By ]

    Presto, West Texas Intermediate crude rose 3% to $71.18, the highest since December 2014, boosting shares of oil companies including Occidental (OXY) , which gained 4.8%, Marathon (MRO) , up 3.8%, and Apache (APA) , which gained 2.5%. Spot gasoline also rose 2.7% to $2.17 a gallon, boding ill for the summer driving season in the U.S. and potentially eroding any gains middle-class Americans received from the Trump tax cuts.

  • [By Joseph Griffin]

    Melrose Industries (LON:MRO) issued its earnings results on Thursday. The company reported GBX 5.80 ($0.07) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 4.40 ($0.06) by GBX 1.40 ($0.02), Digital Look Earnings reports. Melrose Industries had a negative return on equity of 4.75% and a negative net margin of 4.58%.

  • [By Matthew DiLallo]

    That's why several oil companies have authorized share buyback programs to take advantage of the disconnect. Three of the latest entrants are Marathon Oil (NYSE:MRO), Occidental Petroleum (NYSE:OXY), and Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B). Here's why they think their stocks are great buys. 

  • [By Stephan Byrd]

    Melrose Industries (LON:MRO) had its price target upped by Numis Securities from GBX 250 ($3.39) to GBX 280 ($3.80) in a research report report published on Monday morning. They currently have a buy rating on the stock.

  • [By Matthew DiLallo]

    That prediction would have been unfathomable just a few months ago. While some oil bulls thought prices could surprise to the upside, the consensus outlook was that crude would be in the low to mid $50s this year thanks to surging U.S. oil production. Because of that, most producers based their budgets on oil averaging $50 a barrel, including EOG Resources (NYSE:EOG), Marathon Oil (NYSE:MRO), and Anadarko Petroleum (NYSE:APC). In EOG Resources' case, $50 oil would provide it with the cash flow to pay a dividend that was 10.4% higher than 2017's level and drill 690 more wells, which would boost oil production about 18%. Meanwhile, Marathon Oil could produce enough cash at that price point to pay its dividend and fund the new wells needed to boost companywide output 12% compared to last year. Anadarko Petroleum, likewise, could fully fund its dividend and a growth-focused capital plan, which would see it boost oil output 14% this year.

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) is another oil company built to thrive at lower oil prices. At $50 oil, Marathon can generate enough cash to grow production at a 10% to 14% annual pace for the next several years while living within cash flow. At $60 oil, Marathon's plan would generate about $500 million in free cash flow. With oil above that level even after the recent OPEC chatter, Marathon is on pace to produce a windfall of excess cash this year. 

Top 5 Oil Stocks To Watch For 2019: Halliburton Company(HAL)

Advisors' Opinion:
  • [By Shane Hupp]

    SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, dividends, valuation, earnings, analyst recommendations and profitability.

  • [By ]

    KBR (NYSE: KBR)
    Though an under-the-radar name, KBR was the construction arm of oilfield services giant Halliburton (NYSE: HAL) before being spun off. With a consolidated market cap of $2.6 billion, KBR describes itself, per its website, as a "global provider of differentiated professional services and technologies… within the Government Services and Hydrocarbon sectors."

  • [By Max Byerly]

    Halliburton (NYSE:HAL)’s share price gapped up prior to trading on Friday . The stock had previously closed at $42.90, but opened at $44.92. Halliburton shares last traded at $46.22, with a volume of 15095300 shares traded.

  • [By ]

    You've heard all about the bottlenecks in domestic distribution. Now, you've heard Secretary Mnuchin talk about production. Still, we have to get this stuff to market. When it comes to energy, I have focused on oil services, hence my well-known long positions in both Action Alerts PLUS holding Schlumberger (SLB) , and Halliburton (HAL) .

Top 5 Oil Stocks To Watch For 2019: Encana Corporation(ECA)

Advisors' Opinion:
  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

  • [By Keith Noonan, Travis Hoium, and Matthew DiLallo]

    We asked three Motley Fool investors to profile some of the best under-the-radar growth stocks on the market today. Read on to see why they selected Encana (NYSE:ECA), Activision Blizzard (NASDAQ:ATVI), and Baozun (NASDAQ:BZUN) as top growth stocks for in-the-know investors.

  • [By Shane Hupp]

    Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.

  • [By Jon C. Ogg]

    Encana Corp. (NYSE: ECA) may be one of the most undervalued companies in the energy patch. The Canadian energy player was given upside of almost 60% in a call from Merrill Lynch that noted the innovative shale leader has an infrastructure advantage and rising free cash flow.

  • [By ]

    Already, shale companies such as Encana (ECA) , Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD) , among others, are reporting higher cash flows and earnings on higher oil prices. As a result, they are paying down debt, increasing dividends and engaging in buybacks. This is a dramatic improvement in shareholder yield for the group.

  • [By Ethan Ryder]

    Electra (CURRENCY:ECA) traded down 22.1% against the dollar during the 1 day period ending at 11:00 AM Eastern on August 14th. One Electra coin can currently be purchased for approximately $0.0004 or 0.00000007 BTC on cryptocurrency exchanges including Cryptohub, CryptoBridge, Cryptopia and Novaexchange. In the last seven days, Electra has traded 36.7% lower against the dollar. Electra has a total market capitalization of $11.78 million and approximately $119,848.00 worth of Electra was traded on exchanges in the last day.

Top 5 Oil Stocks To Watch For 2019: Apache Corporation(APA)

Advisors' Opinion:
  • [By Matthew DiLallo]

    Apache Corporation (NYSE:APA) stunned the oil and gas world in late 2016 by announcing the discovery of the Alpine High play in a long-overlooked spot of the Permian Basin. The company believed that it had uncovered more than 3 billion barrels of oil and even more natural gas, which would drive growth for years to come. However, that growth wouldn't materialize overnight because Apache first had to build out the infrastructure needed to develop the field from scratch. 

  • [By Ethan Ryder]

    Commonwealth Bank of Australia boosted its holdings in Apache Co. (NYSE:APA) by 24.1% during the second quarter, Holdings Channel reports. The fund owned 87,322 shares of the energy company’s stock after buying an additional 16,938 shares during the quarter. Commonwealth Bank of Australia’s holdings in Apache were worth $4,077,000 at the end of the most recent reporting period.

  • [By John Bromels]

    And despite the stock market's long bull run, there are still some dividend stocks out there that are both cheap and high-quality. So let's go bargain shopping and see if we can find some! Three in the bargain bin that look promising are Kinder Morgan (NYSE:KMI), ExxonMobil (NYSE:XOM), and Apache Corporation (NYSE:APA). Here's why they might be right for your portfolio.

Top 5 Oil Stocks To Watch For 2019: Transocean Inc.(RIG)

Advisors' Opinion:
  • [By Joseph Griffin]

    An issue of Transocean LTD (NYSE:RIG) debt rose 2.5% as a percentage of its face value during trading on Thursday. The debt issue has a 6.8% coupon and is set to mature on March 15, 2038. The debt is now trading at $85.45. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

  • [By Motley Fool Transcribers]

    Transocean Ltd  (NYSE:RIG)Q4 2018 Earnings Conference CallFeb. 19, 2019, 9:00 a.m. ET

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

    Operator

  • [By Ethan Ryder]

    D.B. Root & Company LLC acquired a new position in shares of Transocean (NYSE:RIG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,040 shares of the offshore drilling services provider’s stock, valued at approximately $297,000.

  • [By Jason Hall and Tyler Crowe]

    In this week's episode of Industry Focus: Energy, host Nick Sciple, together with Jason Hall and Tyler Crowe, explain how offshore companies work, where the industry is today, and what investors should watch with these companies. Tune in to learn what sets Transocean (NYSE:RIG), Diamond Offshore (NYSE:DO), Seadrill (NYSE:SDRL), and Ensco (NYSE:ESV) apart from each other, what kind of risk/reward profile each company has to offer, some critical points and trends investors need to know before diving into offshore, and much more.

  • [By Matthew DiLallo]

    A wave of merger activity has swept across the offshore drilling sector in recent years. The latest news came on Monday when Ensco (NYSE:ESV) announced that it had agreed to buy Rowan in a $12 billion deal. That transaction occurred on the heels of Transocean's (NYSE:RIG) agreement earlier last month to acquire Ocean Rig for $2.7 billion. Before that, Transocean bought Songa Offshore for $3.4 billion while Ensco acquired Atwood Oceanics.

Wednesday, February 20, 2019

Hot Penny Stocks To Watch Right Now

tags:NYMT,UBOH,SAFM,BAMM,YRCW,

Oftentimes, high-ball stocks tend to steal more headlines than picks with single-digit prices. When a stock is nearing the $100 or $1,000 mark, it gets investors excited — just as the $1 trillion mark does for market cap. But the share price of a stock arguably only matters relative to, well, its own past or future.

The main exceptions are penny stocks or stocks that are low-priced and also extremely low-volume. In those cases, the share price is reflective of a broader situation that does add risk to the investment.

But plenty of well-established and growing companies are cheap stocks, with share prices under $20. Here are there to consider adding your portfolio.


Compare Brokers
Cheap Stocks Under $20: Sirius XM (SIRI) Source: Vinod Sankar via Flickr

Hot Penny Stocks To Watch Right Now: New York Mortgage Trust Inc.(NYMT)

Advisors' Opinion:
  • [By Max Byerly]

    NY Mtg Tr Inc/SH (NASDAQ:NYMT) last released its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.05. NY Mtg Tr Inc/SH had a net margin of 24.78% and a return on equity of 17.07%. The business had revenue of $17.50 million during the quarter. analysts anticipate that NY Mtg Tr Inc/SH will post 0.24 EPS for the current year.

  • [By Ethan Ryder]

    Bank of New York Mellon Corp cut its position in shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,265,207 shares of the real estate investment trust’s stock after selling 27,565 shares during the quarter. Bank of New York Mellon Corp owned 1.13% of NY Mtg Tr Inc/SH worth $7,604,000 as of its most recent filing with the SEC.

  • [By Logan Wallace]

    SOTHERLY HOTELS/SH SH (NASDAQ:SOHO) and NY Mtg Tr Inc/SH (NASDAQ:NYMT) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, dividends, institutional ownership, profitability and analyst recommendations.

  • [By Shane Hupp]

    NY MTG TR INC/SH (NASDAQ:NYMT) has been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $6.38.

  • [By Max Byerly]

    ValuEngine cut shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) from a hold rating to a sell rating in a report issued on Thursday morning.

    Several other research firms also recently commented on NYMT. LADENBURG THALM/SH SH downgraded shares of NY Mtg Tr Inc/SH from a buy rating to a neutral rating in a research note on Monday, August 6th. BidaskClub downgraded shares of NY Mtg Tr Inc/SH from a hold rating to a sell rating in a research note on Saturday, September 15th. Zacks Investment Research upgraded shares of NY Mtg Tr Inc/SH from a sell rating to a hold rating in a research note on Wednesday, July 25th. Finally, Maxim Group restated a buy rating and issued a $6.75 price target (up previously from $6.25) on shares of NY Mtg Tr Inc/SH in a research note on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $6.35.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on NY Mtg Tr Inc/SH (NYMT)

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

Hot Penny Stocks To Watch Right Now: United Bancshares Inc.(UBOH)

Advisors' Opinion:
  • [By Logan Wallace]

    United Bancshares Inc. OH (NASDAQ:UBOH) and Bank of America (NYSE:BAC) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, institutional ownership, profitability and analyst recommendations.

Hot Penny Stocks To Watch Right Now: Sanderson Farms Inc.(SAFM)

Advisors' Opinion:
  • [By Max Byerly]

    State of Wisconsin Investment Board lessened its holdings in shares of Sanderson Farms, Inc. (NASDAQ:SAFM) by 28.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,700 shares of the company’s stock after selling 5,000 shares during the quarter. State of Wisconsin Investment Board owned about 0.06% of Sanderson Farms worth $1,335,000 at the end of the most recent reporting period.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Recro Pharma, Inc. (NASDAQ: REPH) fell 50.3 percent to $6.17 in pre-market trading after the company received a Complete Response Letter from the FDA. The FDA declined to approve the company’s New Drug Application for IV meloxicam. Westell Technologies, Inc. (NASDAQ: WSTL) shares fell 16.5 percent to $2.89 in pre-market trading after the company announced Q4 results. Melinta Therapeutics, Inc. (NASDAQ: MLNT) fell 16.5 percent to $5.20 in pre-market trading after reporting pricing of public offering of common stock. Westmoreland Resource Partners, LP (NYSE: WMLP) fell 11 percent to $3.49 in pre-market trading after surging 194.03 percent on Wednesday. Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) shares fell 11 percent to $13.45 in pre-market trading. Petrobras announced plans to lower the cost of diesel by 10 percent. Sanderson Farms, Inc. (NASDAQ: SAFM) shares fell 9.4 percent to $97 in pre-market trading after the company reported weaker-than-expected results for its second quarter. Zealand Pharma A/S (NASDAQ: ZEAL) fell 6.9 percent to $15.55 in pre-market trading after rising 2.71 percent on Wednesday. L Brands, Inc. (NYSE: LB) shares fell 6.7 percent to $31.76 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter. The company issued weak second quarter and FY18 earnings guidance. ReTo Eco-Solutions, Inc. (NASDAQ: RETO) shares fell 5.9 percent to $4.78 in pre-market trading. Qiwi plc (NASDAQ: QIWI) fell 5.9 percent to $17.52 in pre-market trading. Eiger Biopharmaceuticals Inc (NASDAQ: EIGR) fell 5 percent to $13.25 in pre-market trading after reporting a proposed offering of common stock. Best Buy Co Inc (NYSE: BBY) shares fell 4.3 percent to $72.66 in pre-market trading. Best Buy reported better-than-expected earnings for its first quarter. NetApp Inc. (NASDAQ: NTAP) fell 4.1 percent to $64.
  • [By Lisa Levin]

    Tuesday morning, the consumer staples shares surged 0.17 percent. Meanwhile, top gainers in the sector included CV Sciences, Inc. (OTC: CVSI), up 6 percent, and Sanderson Farms, Inc. (NASDAQ: SAFM) up 5 percent.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Sanderson Farms (SAFM)

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

  • [By Ethan Ryder]

    Shares of Sanderson Farms, Inc. (NASDAQ:SAFM) have been assigned an average rating of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $111.75.

  • [By Lisa Levin] Companies Reporting Before The Bell Best Buy Co., Inc. (NYSE: BBY) is projected to report quarterly earnings at $0.74 per share on revenue of $8.73 billion. McKesson Corporation (NYSE: MCK) is expected to report quarterly earnings at $3.56 per share on revenue of $51.25 billion. Medtronic plc (NYSE: MDT) is estimated to report quarterly earnings at $1.39 per share on revenue of $8.00 billion. Hormel Foods Corporation (NYSE: HRL) is projected to report quarterly earnings at $0.45 per share on revenue of $2.39 billion. Brady Corporation (NYSE: BRC) is expected to report quarterly earnings at $0.49 per share on revenue of $291.47 million. Sanderson Farms, Inc. (NASDAQ: SAFM) is projected to report quarterly earnings at $2.2 per share on revenue of $841.75 million. The Toronto-Dominion Bank (NYSE: TD) is estimated to report quarterly earnings at $1.16 per share on revenue of $6.86 billion. Royal Bank of Canada (NYSE: RY) is expected to report quarterly earnings at $1.61 per share on revenue of $8.05 billion. 58.com Inc. (NYSE: WUBA) is projected to report quarterly earnings at $0.21 per share on revenue of $372.49 million. Luxoft Holding, Inc. (NYSE: LXFT) is estimated to report quarterly earnings at $0.59 per share on revenue of $228.53 million. The Toro Company (NYSE: TTC) is expected to report quarterly earnings at $1.21 per share on revenue of $916.73 million. StealthGas Inc. (NASDAQ: GASS) is projected to report quarterly earnings at $0.06 per share on revenue of $37.75 million. Stage Stores, Inc. (NYSE: SSI) is estimated to report earnings for its first quarter. Thermon Group Holdings, Inc. (NYSE: THR) is projected to report quarterly earnings at $0.2 per share on revenue of $96.24 million. Tuniu Corporation (NASDAQ: TOUR) is estimated to report quarterly loss at $0.03 per share on revenue of $76.72 million.

     

Hot Penny Stocks To Watch Right Now: Books-A-Million Inc.(BAMM)

Advisors' Opinion:
  • [By Joseph Griffin]

    News articles about Books-A-Million (NASDAQ:BAMM) have trended positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Books-A-Million earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 44.3915244007427 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Hot Penny Stocks To Watch Right Now: YRC Worldwide Inc.(YRCW)

Advisors' Opinion:
  • [By Rich Smith]

    It's boom times for the American trucking industry, with companies like JB Hunt and Old Dominion Freight Line enjoying 20%-plus sales growth (and even greater profits growth) in their most recent quarters. One company left out in the cold so far, however, has been rival trucker YRC Worldwide (NASDAQ:YRCW), which last quarter saw sales inch up just 5% -- and profits plummet 24% -- despite strong demand for trucking services across the country.

  • [By Logan Wallace]

    YRC Worldwide (NASDAQ: YRCW) and USA Truck (NASDAQ:USAK) are both small-cap transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations and valuation.

  • [By Ethan Ryder]

    Here are some of the headlines that may have impacted Accern’s analysis:

    Get YRC Worldwide alerts: Volatility Levels in Focus For YRC Worldwide Inc. (NASDAQ:YRCW) — Beta Runs to 3.67 (cantoncaller.com) Momentum Technology Stocks- YRC Worldwide Inc. (NASDAQ:YRCW), Hallador Energy Company (NASDAQ:HNRG … (journalfinance.net) Check it now Active Stock list: Apollo Investment Corporation (AINV), YRC Worldwide Inc. (YRCW) (newsregistrar.com) Rounding up the figures: YRC Worldwide Inc. (YRCW), Genesis Healthcare, Inc. (GEN) (finbulletin.com)

    Several brokerages recently issued reports on YRCW. ValuEngine downgraded YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. Stifel Nicolaus decreased their target price on YRC Worldwide from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, August 3rd. BidaskClub raised YRC Worldwide from a “sell” rating to a “hold” rating in a research note on Tuesday, June 12th. Finally, Deutsche Bank raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. YRC Worldwide currently has an average rating of “Hold” and an average price target of $17.20.

  • [By Joseph Griffin]

    Landstar System (NASDAQ: LSTR) and YRC Worldwide (NASDAQ:YRCW) are both transportation companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, profitability, institutional ownership and risk.

Tuesday, February 19, 2019

Carl Icahn says the best way forward for Caesars Entertainment may be a sale

Activist investor Carl Icahn has a 9.8 percent stake in Caesars Entertainment and believes the casino operator should explore a sale, according to a Securities and Exchange Commission filing released Tuesday.

The filing, which confirms previous reports that Icahn has taken a stake in the company, said: "Shareholder value might be best served, and enhanced, by selling the company."

Caesars shares jumped to their highs of the day after the filing. They were up 4.1 percent as of 1:04 p.m. ET.

Icahn, according to the filing, thinks the stock is "undervalued" and may nominate "a slate of directors" to the board at Caesars' annual shareholders' meeting. "We also intend to have discussions with other stockholders to understand their perspectives and priorities."

The news comes after The Wall Street Journal reported last week that Icahn had taken a stake of roughly 10 percent in Caesars.

Caesars did not immediately respond to CNBC's request for comment.

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Top Biotech Stocks To Buy Right Now

tags:ARQL,AMGN,ALNY,BIIB,

Fierce competition in the hepatitis C market has caused Gilead Sciences' (NASDAQ:GILD) sales and share price to slide, but the dividend-paying company remains profitable and there are catalysts on the horizon that could reignite interest. Is now a good time to add this biotech behemoth to portfolios?

By the numbers

Gilead Sciences has been selling widely used HIV drugs for over a decade, but its recent woes stem from declining demand for its hepatitis C drugs. The company was the first drugmaker to develop oral medicines that provide functional cures for the liver disease. However, other drugmakers have rolled out their own treatments, sparking a price war that's taken a toll on Gilead Sciences' financial results.

IMAGE SOURCE: GETTY IMAGES.

Top Biotech Stocks To Buy Right Now: ArQule Inc.(ARQL)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shares of ArQule, Inc. (NASDAQ:ARQL) were down 5.4% during trading on Wednesday . The company traded as low as $4.71 and last traded at $4.73. Approximately 3,358,864 shares traded hands during trading, an increase of 289% from the average daily volume of 863,008 shares. The stock had previously closed at $5.00.

  • [By Joseph Griffin]

    ValuEngine upgraded shares of ArQule (NASDAQ:ARQL) from a buy rating to a strong-buy rating in a research report released on Tuesday.

    Several other equities analysts have also issued reports on ARQL. Zacks Investment Research upgraded ArQule from a hold rating to a buy rating and set a $2.50 price objective for the company in a research report on Tuesday, March 20th. BidaskClub upgraded ArQule from a buy rating to a strong-buy rating in a research report on Saturday, March 24th. B. Riley set a $4.00 price objective on ArQule and gave the company a buy rating in a research report on Monday, March 26th. Leerink Swann upgraded ArQule from a market perform rating to an outperform rating in a research report on Thursday, April 5th. Finally, Roth Capital boosted their price objective on ArQule from $5.00 to $6.00 and gave the company a buy rating in a research report on Tuesday, April 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $5.35.

  • [By Stephan Byrd]

    ArQule, Inc. (NASDAQ:ARQL)’s share price rose 6.2% during trading on Thursday . The stock traded as high as $5.21 and last traded at $5.15. Approximately 955,706 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 1,244,948 shares. The stock had previously closed at $4.85.

  • [By Stephan Byrd]

    ArQule, Inc. (NASDAQ:ARQL) Director Ronald M. Lindsay acquired 23,900 shares of the company’s stock in a transaction on Thursday, May 10th. The stock was acquired at an average price of $2.67 per share, for a total transaction of $63,813.00. Following the purchase, the director now directly owns 43,900 shares of the company’s stock, valued at $117,213. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on ArQule (ARQL)

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

Top Biotech Stocks To Buy Right Now: Amgen Inc.(AMGN)

Advisors' Opinion:
  • [By Cory Renauer]

    The recent surge in biotech investment is terrific for the pace of innovation, but that capital isn't heading toward the industry's bigger older players, a couple of which are looking mighty underappreciated right now. Perhaps the investment community's intense focus on start-ups has created interesting opportunities to snap up shares of these two overlooked biotechs at a very nice price.

    Company (Symbol) Forward P/E Ratio Free Cash Flow, Past 12 Months Cash, Cash Equivalents, and Short-Term Investments as of March 31 AbbVie Inc. (NYSE:ABBV) 12.2 $10.0 billion $9.5 billion Amgen, Inc. (NASDAQ:AMGN) 14.2 $10.9 billion $32.2 billion

    Data source: Yahoo! Finance.

  • [By Keith Speights]

    The big reason Humira will maintain its position at the top is the U.S. market. U.S. sales of the drug are projected to be around $12.2 billion in 2024. That's not much lower than Humira's 2017 U.S. sales of nearly $12.4 billion. Will Amgen's (NASDAQ:AMGN) biosimilar Amjevita, which will go on sale in the U.S. effective Jan. 31, 2023, really make that small of a dent in Humira's sales? Not really. The impact will be greater than the 2024 projections indicate.

  • [By Keith Speights]

    Amgen (NASDAQ:AMGN) ranks No. 1 among all biotech stocks when it comes to market cap. It's one of the most profitable biotechs and claims one of the largest cash stockpiles in the industry.

Top Biotech Stocks To Buy Right Now: Alnylam Pharmaceuticals Inc.(ALNY)

Advisors' Opinion:
  • [By Shane Hupp]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) had its price target lowered by equities research analysts at Morgan Stanley from $107.00 to $99.00 in a report released on Friday. The firm presently has an “equal weight” rating on the biopharmaceutical company’s stock. Morgan Stanley’s price objective would indicate a potential upside of 3.97% from the stock’s current price.

  • [By Stephan Byrd]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Wednesday.

  • [By Ethan Ryder]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Tuesday.

  • [By Jim Crumly]

    You would think that when a drug company that's been working for 16 years to develop drugs using a novel therapeutic approach wins its first-ever approval from the U.S. Food and Drug Administration (FDA), confetti would fall from the ceiling and its investors would be celebrating a huge stock gain the next day. That didn't happen this week for shareholders of Alnylam Pharmaceuticals (NASDAQ:ALNY), with shares dropping 6.6% the day after the announcement, and there were two main reasons for that.

Top Biotech Stocks To Buy Right Now: Biogen Idec Inc(BIIB)

Advisors' Opinion:
  • [By Keith Speights]

    Surprising only begins to describe the latest clinical study results announced by Biogen (NASDAQ:BIIB) and its partner, Japanese drugmaker Eisai (NASDAQOTH:ESALY). On July 5, the two companies reported positive topline results from a phase 2 clinical study of experimental Alzheimer's disease drug BAN2401 at 18 months.

  • [By Lee Jackson]

    This large-cap biotech will partner with Samsung Bioepis in the biosimilar world. Biogen Inc. (NASDAQ: BIIB) discovers, develops and delivers to patients worldwide innovative therapies for the treatment of neurodegenerative diseases, hematologic conditions and autoimmune disorders. Founded in 1978, Biogen is one of the world's oldest independent biotech companies, and patients worldwide benefit from its leading multiple sclerosis (MS) and innovative hemophilia therapies.

  • [By Cory Renauer]

    Ionis still has a 75% stake in Akcea, but Waylivra's CRL is more of a speed bump than a roadblock for the RNA antisense pioneer. Investors probably don't need to worry about potential partners avoiding Ionis because of Waylivra's mishap. Spinraza, an Ionis drug that Biogen (NASDAQ:BIIB) launched at the end of 2016, hit an annualized $1.7 billion run rate in the second quarter.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close was Biogen Inc. (NASDAQ: BIIB) which traded down over 5% at $288.75. The stock's 52-week range is $249.17 to $370.57. Volume was 3.2 million compared to the daily average volume of 1.7 million.

Friday, February 15, 2019

Don't Overreact to JAB's Tender Offer for Coty

Coty (NYSE:COTY) stock recently rallied after German conglomerate JAB Holding made a tender offer for up to 150 million shares at $11.65 apiece. The offer, which values Coty at a 38% premium to its 90-day volume-weighted average share price prior to the announcement, could increase JAB's stake in Coty from 40% to as much as 60%.

The offer came shortly after Coty's second quarter earnings topped Wall Street's expectations and the cosmetics maker signed a new licensing deal with Burberry. Coty stock has now surged about 50% in the span of a week, but it remains down 45% over the past 12 months.

Cash flies out of a woman's tablet.

Image source: Getty Images.

That sell-off was caused by supply chain issues, department store closures, and tougher competition from stand-alone brands like Ulta Beauty and LVMH's Sephora. All of these factors have weighed on Coty's revenue and earnings growth recently.

JAB's offer seems to indicate that the stock, which trades at about 15 times forward earnings after its recent rally, is undervalued. However, investors shouldn't get too excited about this tender offer and assume that it will lead to a full takeover.

A tender offer isn't a takeover

A tender offer is a public bid for investors' existing shares. This means that JAB is looking to buy 150 million shares from existing shareholders at $11.65 per share. If JAB doesn't convince investors to tender at least 50 million shares by a not-yet-specified date, the deal will fail.

Many investors might consider JAB's bid to be too low, since the stock was trading in the low $20s just a year ago. By tendering their shares, investors who have owned the stock for a few years would lock in significant losses. On the other hand, the tender offer is an opportunity for investors who bought shares within the past three months to score a quick windfall.

JAB's bid values Coty at only 18 times this year's earnings and 16 times next year's earnings -- so long-term investors might prefer to wait for a higher offer. In the meantime, they can continue to collect Coty's generous dividend, which currently has a 4.5% yield.

A video blogger introduces cosmetic products.

Image source: Getty Images.

Why does JAB want to control Coty?

JAB has been invested in Coty for nearly three decades. In its press release, JAB stated that Coty "has the potential to address its challenges and prosper over the long-term, and that ... recent management changes are an important first step" towards improving its performance.

Those changes include a CEO change last year (Coty's fourth over the past five years) and the appointments of a new CFO, a new chief global supply chain officer, and a new COO of the consumer beauty business since the beginning of 2019. The consumer beauty division, which was significantly expanded in late 2016 by Coty's takeover of Procter & Gamble's (NYSE:PG) specialty beauty business, has been in a slump ever since.

Coty is relying on the growth of its luxury brands to offset that mass-market slowdown. Nevertheless, analysts expect its revenue and earnings per share to both decline 6% this year. Meanwhile, Procter & Gamble benefited from the divestment of its weaker beauty brands. Analysts expect it to grow its revenue and EPS by 1% and 5%, respectively, this year.

JAB was already Coty's largest investor, and it has previously pushed the company to change its leadership and business strategies. JAB likely believes that gaining majority control would allow it to implement those changes more quickly.

Could this lead to a full takeover?

Over the past few years, JAB has built a diverse portfolio, buying up majority stakes in Peet's Coffee & Tea, Caribou Coffee Company, Jacobs Douwe Egberts, Einstein Noah Restaurant Group, and Keurig Dr Pepper. It also owns Krispy Kreme and Panera Bread, which were both facing major challenges before JAB swooped in.

Given that track record, investors might be wondering why JAB doesn't simply buy Coty. After all, Coty's market cap of $8.4 billion seems comparable to the $7.5 billion JAB paid for Panera Bread.

However, Coty's enterprise value is close to $16 billion because it's shouldering more than $7 billion of net debt -- much of which came from its $12.5 billion takeover of P&G's brands. JAB likely doesn't want to inherit that debt, and it would be much cheaper to gain control of the company with its $1.75 billion tender offer.

Therefore investors shouldn't confuse JAB's tender offer with a takeover attempt. There's a good chance that investors will spurn the offer, causing the stock to quickly give up its temporary gains.

Thursday, February 14, 2019

Top 10 Gold Stocks For 2019

tags:CME,NXG,ORE,GSS,NGD, Choosing to retire is one of the biggest financial decisions you'll ever make. Giving up your salary means having to live from other sources of income, and if you haven't planned extensively, then you might not even be aware of the resources at your disposal, let alone how much money they might provide toward your support.

By considering the following questions, you'll be in a much better situation to decide whether now's the right time to take your gold watch and end your career.

How will you take care of your healthcare needs?

One of the most important issues that would-be retirees need to address is how they intend to cover their healthcare expenses. If you've had health insurance coverage at work, then quitting your job means giving up that coverage.

Those who wait until age 65 can generally qualify for Medicare, which goes a long way toward covering healthcare expenses for retirees. If you're thinking about retiring earlier, then you'll need to know how to bridge the time gap before Medicare kicks in.

Top 10 Gold Stocks For 2019: CME Group Inc.(CME)

Advisors' Opinion:
  • [By Max Byerly]

    Commonwealth Bank of Australia raised its holdings in CME Group Inc (NASDAQ:CME) by 18.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,969 shares of the financial services provider’s stock after purchasing an additional 4,160 shares during the period. Commonwealth Bank of Australia’s holdings in CME Group were worth $4,413,000 at the end of the most recent reporting period.

  • [By ]

    His picks aren't fly-by-night companies, or small biotech firms on the brink of bankruptcy. He looks for superior companies that readers can buy and hold onto for the long run. For instance, Jimmy has held CME Group (Nasdaq: CME) since August 2014, and it's rewarded him and his subscribers a total return of more than 190%, easily beating the S&P 500's 39% over the same time period. And there's plenty of other stocks in the portfolio with a similar story.

  • [By Shane Hupp]

    Thrivent Financial for Lutherans increased its position in CME Group (NASDAQ:CME) by 2.7% during the first quarter, HoldingsChannel.com reports. The firm owned 14,201 shares of the financial services provider’s stock after buying an additional 377 shares during the quarter. Thrivent Financial for Lutherans’ holdings in CME Group were worth $2,297,000 as of its most recent filing with the SEC.

Top 10 Gold Stocks For 2019: Northgate Minerals Corporation(NXG)

Advisors' Opinion:
  • [By Shane Hupp]

    Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Top 10 Gold Stocks For 2019: Orezone Gold Corp (ORE)

Advisors' Opinion:
  • [By Jim Robertson]

    Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an "inability to access traditional funds has delayed the development of the sector" and that "these projects aren't easy -- so the banks just don't want to go there."

  • [By Stephan Byrd]

    Galactrum (ORE) is a PoW/PoS coin that uses the
    Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

  • [By Shane Hupp]

    Galactrum (ORE) is a PoW/PoS coin that uses the
    Lyra2RE hashing algorithm. It was first traded on December 13th, 2017. Galactrum’s total supply is 2,781,952 coins and its circulating supply is 2,061,952 coins. Galactrum’s official website is galactrum.org. Galactrum’s official Twitter account is @galactrum.

  • [By Peter Graham]

    Sandstorm's due diligence is thorough, they don't just invest in any company. They like West Africa because they understand the area and the opportunities that exist there. Sandstorm is a royalty and streaming company, so they make these investments and receive cashflow deals that often kick in much later on. But they have already established a presence in Burkina and have deals in place with larger companies like Orezone Gold (TSXV: ORE) and Endeavour Mining (TSX: EDV). Sandstorm's investment also potentially gives us access to their marketing department through something they call Launch Lab, and it looks like it will really benefit our own marketing efforts and will expose us to more opportunities over the coming year.

  • [By Stephan Byrd]

    Galactrum (CURRENCY:ORE) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on August 31st. Galactrum has a total market capitalization of $866,847.00 and approximately $5,272.00 worth of Galactrum was traded on exchanges in the last 24 hours. One Galactrum coin can now be purchased for about $0.42 or 0.00006032 BTC on major exchanges including Stocks.Exchange and Cryptopia. In the last seven days, Galactrum has traded 12.5% higher against the U.S. dollar.

Top 10 Gold Stocks For 2019: Golden Star Resources Ltd(GSS)

Advisors' Opinion:
  • [By Max Byerly]

    Golden Star Resources Ltd. (NYSEAMERICAN:GSS) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 10,021,831 shares, an increase of 6.9% from the September 14th total of 9,371,344 shares. Based on an average trading volume of 1,038,207 shares, the short-interest ratio is presently 9.7 days. Approximately 4.7% of the company’s shares are sold short.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

  • [By Joseph Griffin]

    Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$1.48.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

Top 10 Gold Stocks For 2019: NEW GOLD INC.(NGD)

Advisors' Opinion:
  • [By Matthew DiLallo]

    Shares of New Gold (NYSEMKT:NGD) sold off on Thursday, plunging more than 20% by 11 a.m. EST after the gold mining company reported its fourth-quarter results as well as its outlook for 2019.

  • [By Paul Ausick]

    New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.

  • [By Paul Ausick]

    New Gold Inc. (NYSEAMERICAN: NGD) dropped about 3.8% Thursday to post a new 52-week low of $2.28. Shares closed at $2.37 on Wednesday and the stock’s 52-week high is $4.25. Volume was about 15% below the daily average of around 5.9 million shares. The company had no specific news.

Wednesday, February 13, 2019

Best Value Stocks To Invest In Right Now

tags:C,HIFR,CMPR,WAAS,THO,CHY,

As Christmas day draws closer, signs of the holiday spirit are beginning to show. However, even as people plan their holidays, the financial markets remain alive and running, albeit at a slower rate. Understanding seasonality in the market can help you to identify the perfect timing to buy or sell a given financial instrument and make returns way above the market average. This is why, even during holidays, investors and traders keep a close watch of the markets. They want to avoid missing the chance to benefit from short-term changes in trends by capitalizing on seasonality in market.

Among the leading seasonality trends that traders take advantage of is the end of December sell off. During this time of the year, most investors cash in on stocks whose price has fallen throughout the year, making a fresh start for the next. Other investors are motivated to sell off stocks whose value has been declining in that year in order to book a tax loss and claim capital losses. Understanding this dynamic and identifying those stocks whose prices are falling due to massive sell-off and buying them at a discount can help traders make smart buying and selling decisions .

Best Value Stocks To Invest In Right Now: Citigroup Inc.(C)

Advisors' Opinion:
  • [By ]

    That said, I never completely abandoned the space. I remain long Citigroup (C) , I am flat KeyCorp (KEY) , having managed to maximize that trade earlier this year. Recently, your pal even reloaded his Goldman Sachs (GS) long after having trimmed that position appropriately. That, friends, is based on my belief that volatility will allow this legendary firm to reclaim its reputation. This one, I'll watch with great anticipation. They report on Tuesday, April 17. My trigger finger itches now.

  • [By Garrett Baldwin]

    Earnings season will kick into high gear today with the release of multiple reports from three of the nation's top financial institutions. JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC), and Citigroup Inc. (NYSE: C) will all be in the spotlight today. U.S. President Donald Trump could be shaking up trade policy. However, it isn't NAFTA or tariffs with China that are headlining the story. According to reports, Trump has requested his advisors explore American reentry into the Transpacific Partnership (TPP). President Trump pulled the United States out of TPP shortly following his inauguration. The recommendation comes after lawmakers from ag-producing states discussed the impact of leaving the deal with the administration. The decision to reenter the TPP would be very valuable to states that produce the bulk of U.S. wheat given that it would allow exporters to avoid tariffs of $65 per tonne to Japan, which is the largest export market for American wheat. Leading nations of the pact, such as Japan and Australia, reacted coolly to the president's pivot but did not rule out the possibility of American reentry. Facebook Inc. (Nasdaq: FB) is still in focus across the financial world. Facebook CEO Mark Zuckerberg appeared before Congress two times this week to address his firm's ongoing data scandal involving consulting firm Cambridge Analytica. Congress' failure to understand how the Internet works and Facebook's business model was on full display, but Zuckerberg was able to maintain his composure as he answered questions over the two-day period. Stocks to Watch Today: JPM, WFC, C Shares of JPMorgan Chase & Co. (NYSE: JPM) are in focus as the bank prepares to report Q1 earnings before the bell. JPM stock added 1.1% despite falling short of profit expectations. Wall Street anticipated that the firm would report earnings per share (EPS) of $2.28 on top of $27.53 billion in revenue. The firm reported EPS of $2.26; however, it reported
  • [By Patrick Clark]

    That business model relies on U.S. Securities and Exchange Commission regulations, updated in 2013, that govern the way investment firms can raise money online. A rule known as 506(c), introduced following the JOBS Act, lifted the ban on “general solicitation.” Investment firms became free to market offerings to accredited investors, who are typically worth more than $1 million, through advertisements or blast emails. Real estate fund managers have used the go-ahead to solicit a wide array of these investors for funding hotels and warehouses from Florida to Wisconsin. 

  • [By ]

    The political group is organized under section 501(c)(4) of the tax code, freeing it to run paid advertising, lobby policy makers and conduct aggressive social and digital campaigns with the aim of building support for the carbon tax plan. The group does not plan to be active in this November’s elections but organizers envision doing so in 2020.

  • [By Stephan Byrd]

    Investors sold shares of Citigroup Inc (NYSE:C) on strength during trading on Thursday. $142.03 million flowed into the stock on the tick-up and $205.81 million flowed out of the stock on the tick-down, for a money net flow of $63.78 million out of the stock. Of all companies tracked, Citigroup had the 19th highest net out-flow for the day. Citigroup traded up $0.60 for the day and closed at $68.51

  • [By ]

    Citigroup Inc. (C) , the fourth-biggest U.S. bank by assets, said first-quarter profit climbed 13% as taxes decreased following President Donald Trump's cuts in the corporate tax rate, while stock-trading revenue jumped as market volatility rebounded following a sluggish 2017. 

Best Value Stocks To Invest In Right Now: InfraREIT, Inc.(HIFR)

Advisors' Opinion:
  • [By Joseph Griffin]

    Citadel Advisors LLC increased its position in shares of InfraREIT Inc (NYSE:HIFR) by 335.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,755 shares of the real estate investment trust’s stock after acquiring an additional 56,809 shares during the quarter. Citadel Advisors LLC owned about 0.17% of InfraREIT worth $1,635,000 at the end of the most recent quarter.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on InfraREIT (HIFR)

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

  • [By Joseph Griffin]

    InfraREIT Inc (NYSE:HIFR) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $21.00.

  • [By Shane Hupp]

    Reaves W H & Co. Inc. trimmed its holdings in InfraREIT (NYSE:HIFR) by 18.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,342,026 shares of the real estate investment trust’s stock after selling 303,392 shares during the quarter. Reaves W H & Co. Inc. owned approximately 3.05% of InfraREIT worth $26,076,000 as of its most recent SEC filing.

Best Value Stocks To Invest In Right Now: Cimpress N.V(CMPR)

Advisors' Opinion:
  • [By Stephan Byrd]

    ValuEngine lowered shares of Cimpress (NASDAQ:CMPR) from a buy rating to a hold rating in a report issued on Tuesday morning.

    A number of other brokerages have also recently commented on CMPR. BidaskClub raised Cimpress from a hold rating to a buy rating in a research report on Wednesday, June 20th. Zacks Investment Research raised Cimpress from a strong sell rating to a hold rating in a research report on Tuesday, July 24th. Barrington Research reaffirmed a buy rating and set a $165.00 price target on shares of Cimpress in a research report on Tuesday, August 14th. SunTrust Banks reaffirmed a hold rating and set a $155.00 price target on shares of Cimpress in a research report on Thursday, August 2nd. Finally, Aegis reaffirmed a sell rating and set a $114.00 price target on shares of Cimpress in a research report on Tuesday, May 8th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $142.75.

  • [By Steve Symington]

    Shares of Cimpress (NASDAQ:CMPR) declined 19.6% in January, according to data from S&P Global Market Intelligence, after the mass-customization company announced disappointing fiscal second-quarter results.

  • [By Steve Symington]

    Cimpress NV (NASDAQ:CMPR) announced fiscal third-quarter 2018 results on Wednesday after the market closed, detailing the continued fruits of last year's Vistaprint restructuring and steady growth at each of its three core business segments. Still, shares of the mass customization specialist were down on Thursday in response to the news.

  • [By Shane Hupp]

    JPMorgan Chase & Co. reduced its stake in shares of Cimpress NV (NASDAQ:CMPR) by 8.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,957 shares of the business services provider’s stock after selling 434 shares during the period. JPMorgan Chase & Co.’s holdings in Cimpress were worth $767,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Federated Investors Inc. PA grew its holdings in Cimpress NV (NASDAQ:CMPR) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 95,417 shares of the business services provider’s stock after purchasing an additional 5,391 shares during the period. Federated Investors Inc. PA’s holdings in Cimpress were worth $13,832,000 as of its most recent SEC filing.

  • [By Joseph Griffin]

    Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

    Get Cimpress alerts: Cimpress (CMPR) Earns Hold Rating from SunTrust Banks (americanbankingnews.com) Katryn Blake Sells 9,297 Shares of Cimpress (CMPR) Stock (americanbankingnews.com) Insider Selling: Cimpress (CMPR) CEO Sells 4,648 Shares of Stock (americanbankingnews.com) Cimpress’ (CMPR) “Sell” Rating Reiterated at Aegis (americanbankingnews.com) Cimpress (CMPR) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)

    A number of equities analysts recently weighed in on the company. SunTrust Banks reaffirmed a “hold” rating and issued a $144.00 price target on shares of Cimpress in a report on Tuesday. ValuEngine raised Cimpress from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Aegis reaffirmed a “sell” rating and issued a $114.00 price target on shares of Cimpress in a report on Tuesday. BidaskClub cut Cimpress from a “buy” rating to a “hold” rating in a report on Friday, May 4th. Finally, Barrington Research reaffirmed a “buy” rating and issued a $165.00 price target on shares of Cimpress in a report on Tuesday, May 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $140.00.

Best Value Stocks To Invest In Right Now: AquaVenture Holdings Limited (WAAS)

Advisors' Opinion:
  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on AquaVenture (WAAS)

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

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on AquaVenture (WAAS)

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

Best Value Stocks To Invest In Right Now: Thor Industries Inc.(THO)

Advisors' Opinion:
  • [By Ethan Ryder]

    First Allied Advisory Services Inc. lowered its position in Thor Industries, Inc. (NYSE:THO) by 20.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,104 shares of the construction company’s stock after selling 1,060 shares during the period. First Allied Advisory Services Inc.’s holdings in Thor Industries were worth $401,000 at the end of the most recent quarter.

  • [By Daniel Miller]

    Another metric that bodes well for Winnebago is its total backlog; this increased by a healthy 36% compared to the prior year, to $193.1 million. That 36% increase looks even better when you consider that competitor Thor Industries (NYSE:THO) reported an 18% decline in its backlog during its recent quarterly conference call -- although Thor Industries offered an explanation for the reduction.

  • [By Demitrios Kalogeropoulos]

    The coming week brings a few highly anticipated earnings announcements, including reports from FedEx (NYSE:FDX), AutoZone (NYSE:AZO), and Thor Industries (NYSE:THO). Below, we'll take a look at what investors can expect to see in these reports.

Best Value Stocks To Invest In Right Now: Calamos Convertible and High Income Fund(CHY)

Advisors' Opinion:
  • [By Shane Hupp]

    Calamos Convertible & Hi Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Tuesday, February 12th will be given a dividend of 0.085 per share by the investment management company on Wednesday, February 20th. This represents a $1.02 annualized dividend and a dividend yield of 9.32%. The ex-dividend date of this dividend is Monday, February 11th.

  • [By Max Byerly]

    Calamos Convertible & Hi Income Fund (NASDAQ:CHY) was the target of a large growth in short interest in September. As of September 14th, there was short interest totalling 705,860 shares, a growth of 35.5% from the August 31st total of 521,121 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 212,797 shares, the days-to-cover ratio is currently 3.3 days.