Friday, August 3, 2018

Stocks making the biggest moves premarket: CBS, ATVI, TTWO, SHAK, SYMC & more

Check out the companies making headlines before the bell:

CBS �� CBS reported adjusted quarterly profit of $1.12 per share, beating consensus estimates by 1 cent a share. Revenue also beat forecasts, with the company on track for record full-year results. CEO Leslie Moonves did not address allegations of sexual misconduct against him during the company's earnings conference call.

Activision Blizzard �� Activision beat forecasts by 6 cents a share, with adjusted quarterly profit of 41 cents per share. The videogame publisher's revenue topped estimates by a slight margin. Results were driven by strong sales of Activision's popular "Call of Duty" video game, but the company did forecast current quarter and full-year revenue below consensus.

Take-Two Interactive �� Take-Two earned 4 cents per share for its fiscal first quarter, falling 3 cents a share short of estimates. Activision's rival videogame publisher saw quarterly revenue come in above forecasts, getting a big boost from strong sales for the company's NBA and Grand Theft Auto franchises.

Shake Shack �� Shake Shack came in 11 cents a share ahead of estimates, with adjusted quarterly profit of 29 cents per share. The restaurant chain's revenue beat forecasts, as well. Same-restaurant sales were up 1.1 percent, but investors were disappointed that Shake Shack merely reaffirmed its full-year forecast rather than raising it.

Symantec �� The maker of cybersecurity software reported adjusted quarterly profit of 34 cents per share, 1 cent a share above estimates. Revenue also exceeded Street forecasts, however Symantec gave weaker-than-expected current-quarter guidance and announced an eight percent cut in its global workforce.

Kraft Heinz �� The food company earned an adjusted $1.00 per share for its latest quarter, eight cents above estimates, while revenue also topped forecasts. Kraft Heinz said it expected profitability to improve by the end of the year. Separately, the New York Post reports that Kraft has had exploratory talks with Campbell Soup about a possible takeover, although the paper said Kraft has not made an offer and is not likely to pay much of a premium for Campbell.

Dish Network �� The satellite TV operator beat estimates on both the top and bottom lines. Dish continue to lose pay-TV subscribers during the quarter, but the pace of those losses slowed.

GoPro �� GoPro lost 15 cents per share for its latest quarter, 7 cents a share smaller than Wall Street had anticipated. The high-definition camera maker's revenue beat analyst forecasts. CEO Nicholas Woodman said he believed the company would be profitable during the second half of this year.

AIG �� AIG missed consensus estimates by 16 cents a share, with adjusted quarterly profit of $1.05 per share. The insurance company's revenue missed forecasts, as well. AIG's general insurance business has had difficulty improving its results, although the company has been restructuring to improve efficiency.

Royal Bank of Scotland �� Royal Bank of Scotland will pay its first dividend since it nearly collapsed during the 2008 financial crisis.

Toyota Motor �� The automaker reported a 19 percent jump in profit for its first quarter, to the best level in 2-1/2 years. Japan's largest automaker earned $6 billion for the April through June quarter, helped by higher sales and lower costs in the Asian market.

General Motors �� GM is seeking an exemption to a 25 percent U.S. tariff for its Buick Envision sport utility vehicle. The Envision is made in China and accounts for about 19 percent of Buick brand sales in the U.S.

Boyd Gaming �� Boyd Gaming struck a joint venture deal with FanDuel Group to run an online and mobile sports betting operation in the U.S. The casino operator had struck a separate sports betting-related deal with MGM Resorts International earlier this week.

Sonos �� Sonos is higher in pre-market trading, after the wireless speaker maker made its Wall Street debut yesterday with a 33 percent jump over its IPO price.

Fiat Chrysler �� Fiat Chrysler will stick with plans to spin off its Magneti Marelli unit, according to a Bloomberg report. The automaker is said to have received interest from potential buyers for the unit, but has decided for now to go ahead with the spin-off plan.

AmericsourceBergen �� The drug distributor said it received a grand jury subpoena for documents related to its distribution of opioid products. The drug distributor is among several drug-related companies under scrutiny related to opioid use in the U.S.

Wednesday, August 1, 2018

Trump��s 8-9% prediction for US growth is just not possible, strategist says

Mike Gallagher, managing director at financial consultancy Continuum Economics, played down stellar predictions of growth by Donald Trump, adding that recent polices implemented by the U.S. president would only provide short-term benefits for the economy.

Trump told talk show host Sean Hannity on Friday that the U.S. could reach historic growth rates if the trade deficit is cut in half. His remarks followed a data release showing that the U.S. grew at 4.1 percent in the second quarter of the year. He claimed that the country could reach GDP growth of 8 or 9 percent, which is far higher than economists predict. He did not specify whether he was referring to an annual or quarterly growth rate.

When asked about the 8 and 9 percent figure, Gallagher told CNBC: "No, no, not at all."

"You're going to find it difficult to even get sort of 3 percent on a long-term basis," he said.

The Trump administration put forward a tax overhaul at the end of last year, which has supported the economy. In general, companies have more money to invest and have raised salaries in some cases; giving citizens additional income to spend.

According to Gallagher, this policy has been the driver of the current strong performance of the U.S. economy; but its benefits are only temporary.

"There's a tailwind at the moment because of the fiscal policy changes that they have made, because of the tax cuts that get you into 2019 but then once you're getting into late (20)19, (20)20 fiscal policy actually turns contractionary rather than expansionary," Gallagher said, adding that "with the (Federal Reserve) continuing to hike, 2020 is going to really struggle to get to 3 percent and to be honest it is going to be closer to 2 rather than 3."

One of the main arguments against tax cuts is their impact on the government deficit. Because companies and people are paying less taxes, the government is receiving less money. At the same time, the U.S. government hasn't cut spending, meaning that it has less money but the same expenses, which in turn pushes its deficit higher.

show chapters Next six months look good for growth, surprised markets are down: EIU Next six months look good for growth, surprised markets are down: EIU    11 Hours Ago | 02:08

Robin Bew, CEO at the Economist Intelligence Unit, also told CNBC's "Squawk Box Europe" Monday that the tax overhaul had a "very significant" impact on earnings.

"I don't see that these policies are being acted to change the long-run growth rate in America but they certainly can pump up the growth rate in the short term," Bew told CNBC.

However, some analysts argue that the tax cuts are not a temporary tailwind. "Overall, businesses are responding more to the (tax cuts) than consumers. But the fundamentals, underlying consumer spending are solid �� rising employment and disposable income, elevated confidence, and record household net worth," Mickey Levy, chief U.S. economist at Berenberg, said in a note Friday.

"The benefits to businesses of corporate tax reform and deregulation will not fade, and the thinking that these policy changes will have only temporary impacts will prove incorrect, in our view," he added.

Sunday, July 22, 2018

Apple vs. Amazon: The Race to $1 Trillion Is Heating Up

Shares of Amazon.com (NASDAQ:AMZN) are on a tear so far this year, jumping 45% in just the first six months of 2018. Apple (NASDAQ:AAPL) has been marching steadily higher as well, albeit at a slower pace. The e-commerce giant's stock performance has its market cap now flirting with $900 billion as it races against the Mac maker to the mythical $1 trillion valuation that no company in history has ever achieved...yet.

Amazon's market cap is still trailing by a little over $50 billion, but this race is heating up.

AAPL Market Cap Chart

AAPL Market Cap data by YCharts.

How the two tech behemoths compare

While the two companies may be similar in total valuation, they couldn't be further apart with their fundamentals. Apple is the most profitable company on earth, and oftentimes generates more net income in a single quarter than�Amazon has in its entire history. Through the first quarter of 2018, Amazon had made $9.6 billion in net income since it was founded. Apple regularly surpasses that lifetime profitability on a quarterly basis. In the fourth quarter alone, Apple's bottom line was more than twice that ($20 billion).

Chart comparing Apple quarterly net income to Amazon lifetime earnings

Data source: SEC filings. Chart by author. Amazon lifetime earnings through Q1 2018.

Here's a snapshot of each company's income statement over the past year.

Metric

Apple

Amazon

Revenue

$247.4 billion

$193.2 billion

Gross profit

$94.8 billion

$44.6 billion

Operating income

$66.1 billion

$5 billion

Net income

$53.3 billion

$3.9 billion

Gross margin

38.3%

19.6%

Operating margin

26.7%

1.7%

Net margin

21.6%

0.7%

Data source: Morningstar. All figures shown on a trailing-12-month basis.

There is one notable similarity. Any time there is speculation of either company entering into a new market, shares of incumbents in those markets often tank, as investors fear competing with either company. However, Apple doesn't enter new markets very often, usually one every few years, while Amazon continues to expand into numerous markets, leading to what's now known as the "Amazon effect."

Amazon warehouse worker loading packages onto a conveyor belt

Image source: Amazon.

The stark contrast in financials also means each company's respective valuation metrics are also worlds apart. Apple is incredibly cheap by just about any valuation metric you can think of, trading at a substantial discount to the S&P 500. Amazon, on the other hand, looks astronomically expensive. However, you can partially justify Amazon's premium valuation with much stronger revenue growth, even as Amazon's top line still lags Apple's.

Metric

Apple

Amazon

P/E ratio

17.7

290.6

P/S ratio

3.6

4.6

P/CF ratio

14.1

56.4

Revenue growth

1.5%

35.5%

Data source: Reuters. All figures shown on a trailing-12-month basis.

Investors love both profits and growth, and each company quintessentially embodies one or the other. But which one will be the first to $1 trillion?

Saturday, July 21, 2018

Tesla Model 3 cancellations outpace deposits, analyst says

Tesla is finally making enough cars -- it just can't sell enough of them.

Cancellations for Model 3 orders have picked up in recent weeks. Refunds now outpace deposits for Tesla's new mass-market electric car, according to Needham & Co. analyst Rajvindra Gill.

In an analyst note delivered to clients Thursday, Gill cited extended wait times for the car, the expiration of a $7,500 tax credit, and the fact that Tesla has not yet made the $35,000 base model of the car available for purchase yet.

About one in every four Model 3 orders is canceled -- double the rate from a year ago, Gill said. Customers have to put down a refundable $1,000 deposit to reserve a Model 3, then pay another $2,500 to choose their specific version. They pay the rest when the car is delivered.

The wait time for a Model 3 is about 4 months to a year, and base model customers could wait until 2020, Gill said.

Tesla did not respond to a request for comment.

Gill called sales of the Model S and Model X "lackluster," especially with the growing amount of competition from luxury manufacturers.

He doubts Tesla will reach its target of 100,000 Model 3 deliveries by the end of the year -- to accomplish that goal would require it would have to ship 27% more cars in the second half of the year than it did in the first half. Gill said that he's also "skeptical of demand" for the sedan.

In another warning, the analyst said Tesla's capital structure is also "unsustainable," as free cash flow continues to evaporate. Gill expects Tesla to burn through $6 billion by 2020. He wrote that the Tesla stock is "still overvalued" despite falling 16% from its June 2017 peak.

He downgraded Tesla (TSLA) stock to "underperform" -- essentially a sell rating.

Tesla has been struggling with the Model 3 for several months. Separately, investors aren't thrilled with founder Elon Musk's antics on Twitter.

Tesla's stock fell nearly 3% Thursday.

Friday, July 20, 2018

Rivernorth Opportunities Fund Inc (RIV) Declares $0.21 Monthly Dividend

Rivernorth Opportunities Fund Inc (NYSE:RIV) announced a monthly dividend on Thursday, July 19th, Wall Street Journal reports. Investors of record on Wednesday, October 17th will be given a dividend of 0.21 per share on Wednesday, October 31st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 12.97%. The ex-dividend date of this dividend is Tuesday, October 16th.

Shares of RIV traded down $1.26 on Thursday, reaching $19.43. The stock had a trading volume of 356,688 shares, compared to its average volume of 46,741. Rivernorth Opportunities Fund has a twelve month low of $18.97 and a twelve month high of $21.63.

Get Rivernorth Opportunities Fund alerts:

In related news, insider Rivernorth Capital Management, sold 10,445 shares of the company’s stock in a transaction that occurred on Monday, June 4th. The stock was sold at an average price of $21.37, for a total value of $223,209.65. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders sold 38,833 shares of company stock worth $829,917.

About Rivernorth Opportunities Fund

Rivernorth Opportunities Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds).

See Also: Short Selling Stocks and Day Traders

Dividend History for Rivernorth Opportunities Fund (NYSE:RIV)

Thursday, July 19, 2018

UnitedHealth's Business Continues to Grow

UnitedHealth Group (NYSE:UNH) reported second-quarter 2018 financials that show sales and profit continue to improve despite its decision to cut ties to to Obamacare last year. Here's what you need to know about UnitedHealth's performance last quarter and its guidance for the rest of 2018.

The numbers

Revenue in the second quarter grew 12% year over year to $56.1 billion, and adjusted net income increased 28% year over year to $3.14. Top-line growth decelerated slightly from the 13% growth it delivered in the first quarter of 2018; however, its top line was in line with industry watchers' expectations, and its bottom line was $0.10 better than Wall Street's prediction. For perspective, earnings have beat in each of the past five quarters.

Two sets of hands on a table encircling a paper cut-out of a family.

IMAGE SOURCE: GETTY IMAGES.

UnitedHealth's bottom-line performance was supported by an improvement in the company's net margin to 5.2% from 4.6% in Q2 2017. The company's�medical care ratio (MCR), a measure of the money it spends on healthcare for its members relative to the premiums it collects, improved by 30 basis points to 81.9% in the quarter, which was within the 81.5% range (plus or minus 0.5%) outlined by the company in April.

The insurer was also a big beneficiary of tax reform. Its income tax rate fell 9.5% to 22% in the quarter.

What's driving its results

UnitedHealth Group makes its money selling health insurance and healthcare solutions via its Optum business segment.

The traditional health insurance business accounts for most of its revenue. In the quarter, health insurance sales were $45.8 billion, up from $40.8 billion in the same quarter of 2017. Price increases, a better revenue mix of business tied to walking away from Obamacare, and the addition of 2.2 million new members drove the increase.

Revenue in UnitedHealth's employer & individual business climbed $742 million to $13.7 billion thanks to the addition of 50,000 members, but the insurer benefited most from improving results at its Medicare and Medicaid businesses.

Its Medicare revenue grew $2.1 billion from one year ago to $18.9 billion as Medicare Advantage memberships increased 10.4%. Meanwhile, Medicaid revenue increased $1.6 billion to $10.7 billion on the addition of 330,000 members.

Across these health insurance businesses, operating margin declined to 5.1% from 5.4% last year because of the return of the�health insurance provider fee, which is sometimes referred to as the health insurance tax. As a refresher, this fee was instituted to help pay for Obamacare. It was temporarily suspended in 2017; however, insurers have to pay it in 2018.

Although Optum contributes less to revenue, it's a higher-margin business, and unlike the insurance business, its margin improved in the last year. Optum's solutions, including managing prescriptions for employers and healthcare analytics services, contributed $24.7 billion to revenue last quarter, up 9.1% from Q2 2017, and its 7.5% operating margin was up from 6.7% last year.

Where do we go from here?

Management upped its outlook for 2018. It now anticipates non-GAAP EPS of between $12.50 to $12.75, up from guidance for between $12.40 to $12.65 previously. The previous guidance was up�from between $12.30 to $12.60 exiting Q4 2017, so clearly, the company is increasingly confident about its profit growth.

That's good news for investors, because it suggests�management will have plenty of financial flexibility to continue returning money to investors.

So far, management has spent $3.15 billion repurchasing 13.8 million shares in 2018, including�$500 million to buy back 2.2 million shares last quarter. UnitedHealth announced a new 100 million share buyback program in June, so future buybacks will occur under that plan. Also, it boosted its dividend payout by 20% to $3.60 per year last quarter, so it spent $866 million on dividends in the second quarter. Currently, its dividend yield is 1.44%.

Improving financials and shareholder-friendly activities offer tailwinds offering support to UnitedHealth's share price this year, but the company's future success will be largely determined by efforts to rein in healthcare costs. The company's cost-cutting efforts include investments to boost price transparency so patients can choose low-cost care and solutions that can allow it to benefit from�a shift away from fee-for service healthcare to value-based care.

If those efforts can keep a lid on the company's MCR, then UnitedHealth's profitability should continue improving, making it a stock worth holding in healthcare investors' portfolios.

Thursday, July 5, 2018

$178.48 Million in Sales Expected for CommVault Systems, Inc. (CVLT) This Quarter

Equities research analysts expect CommVault Systems, Inc. (NASDAQ:CVLT) to report $178.48 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for CommVault Systems’ earnings. The highest sales estimate is $179.00 million and the lowest is $177.70 million. CommVault Systems reported sales of $165.97 million in the same quarter last year, which would suggest a positive year over year growth rate of 7.5%. The firm is expected to report its next earnings report on Tuesday, July 24th.

According to Zacks, analysts expect that CommVault Systems will report full year sales of $767.60 million for the current fiscal year, with estimates ranging from $763.70 million to $772.50 million. For the next fiscal year, analysts anticipate that the company will report sales of $848.14 million per share, with estimates ranging from $835.00 million to $871.50 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow CommVault Systems.

Get CommVault Systems alerts:

CommVault Systems (NASDAQ:CVLT) last announced its earnings results on Tuesday, May 1st. The software maker reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). CommVault Systems had a negative return on equity of 0.12% and a negative net margin of 8.85%. The business had revenue of $184.90 million during the quarter, compared to analysts’ expectations of $187.01 million. During the same quarter in the previous year, the firm earned $0.29 EPS. CommVault Systems’s quarterly revenue was up 10.9% on a year-over-year basis.

CVLT has been the topic of a number of research analyst reports. BidaskClub upgraded CommVault Systems from a “strong sell” rating to a “sell” rating in a research note on Thursday, March 8th. Zacks Investment Research upgraded CommVault Systems from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. Jefferies Financial Group restated a “buy” rating and issued a $76.00 target price on shares of CommVault Systems in a research note on Monday, April 2nd. ValuEngine upgraded CommVault Systems from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Wells Fargo & Co lifted their price target on shares of CommVault Systems from $64.00 to $75.00 and gave the stock an “outperform” rating in a report on Tuesday, April 3rd. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $75.10.

Shares of NASDAQ CVLT traded up $0.70 during midday trading on Thursday, reaching $68.25. The company’s stock had a trading volume of 113,358 shares, compared to its average volume of 392,869. CommVault Systems has a 12-month low of $48.35 and a 12-month high of $72.65. The company has a market capitalization of $3.07 billion, a PE ratio of -115.68, a PEG ratio of 12.43 and a beta of 1.21.

In other CommVault Systems news, VP Brian Carolan sold 5,470 shares of the business’s stock in a transaction on Tuesday, April 10th. The shares were sold at an average price of $67.90, for a total transaction of $371,413.00. Following the sale, the vice president now owns 88,404 shares of the company’s stock, valued at approximately $6,002,631.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gary Merrill sold 12,346 shares of the business’s stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $71.90, for a total transaction of $887,677.40. Following the sale, the insider now directly owns 31,520 shares in the company, valued at approximately $2,266,288. The disclosure for this sale can be found here. Insiders have sold a total of 62,077 shares of company stock worth $4,343,850 in the last three months. Insiders own 13.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CVLT. ETF Managers Group LLC purchased a new position in shares of CommVault Systems during the 1st quarter valued at $62,229,000. Wells Fargo & Company MN grew its position in shares of CommVault Systems by 193.8% during the 4th quarter. Wells Fargo & Company MN now owns 545,215 shares of the software maker’s stock valued at $28,624,000 after purchasing an additional 359,612 shares in the last quarter. TIAA CREF Investment Management LLC grew its position in shares of CommVault Systems by 92.4% during the 4th quarter. TIAA CREF Investment Management LLC now owns 457,712 shares of the software maker’s stock valued at $24,030,000 after purchasing an additional 219,804 shares in the last quarter. Lunia Capital LP purchased a new position in shares of CommVault Systems during the 4th quarter valued at $10,578,000. Finally, Mesirow Financial Investment Management Equity Management purchased a new position in shares of CommVault Systems during the 1st quarter valued at $10,519,000. Hedge funds and other institutional investors own 93.53% of the company’s stock.

About CommVault Systems

Commvault Systems, Inc provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia, and China. The company offers data protection, backup, and recovery software solutions for the backup of databases, files, applications, endpoints, and virtual machines according to data type and recovery profile; and help to optimize storage with deduplication, recover data, and leverage reports.

Get a free copy of the Zacks research report on CommVault Systems (CVLT)

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

Earnings History and Estimates for CommVault Systems (NASDAQ:CVLT)

Monday, June 25, 2018

REAL Market Capitalization Achieves $3.39 Million (REAL)

REAL (CURRENCY:REAL) traded down 13.4% against the US dollar during the 24-hour period ending at 18:00 PM Eastern on June 23rd. One REAL token can now be bought for $0.34 or 0.00005397 BTC on popular cryptocurrency exchanges including EtherDelta (ForkDelta) and BitFlip. Over the last week, REAL has traded 10% lower against the US dollar. REAL has a market capitalization of $3.39 million and $5,895.00 worth of REAL was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

Get REAL alerts: XRP (XRP) traded 6.7% lower against the dollar and now trades at $0.52 or 0.00008331 BTC. Ripple (XRP) traded 1.8% higher against the dollar and now trades at $0.49 or 0.00007902 BTC. Stellar (XLM) traded up 1.9% against the dollar and now trades at $0.20 or 0.00003283 BTC. TRON (TRX) traded up 4.1% against the dollar and now trades at $0.0447 or 0.00000717 BTC. IOTA (MIOTA) traded up 8.6% against the dollar and now trades at $1.06 or 0.00016927 BTC. Tether (USDT) traded 0.3% higher against the dollar and now trades at $1.00 or 0.00016095 BTC. NEO (NEO) traded up 5.3% against the dollar and now trades at $34.78 or 0.00557465 BTC. Binance Coin (BNB) traded 1.9% higher against the dollar and now trades at $15.77 or 0.00252786 BTC. VeChain (VET) traded 2.8% higher against the dollar and now trades at $2.83 or 0.00045442 BTC. Ontology (ONT) traded 3.6% lower against the dollar and now trades at $5.15 or 0.00082527 BTC.

About REAL

REAL’s genesis date was October 9th, 2017. REAL’s total supply is 19,717,288 tokens and its circulating supply is 10,055,817 tokens. REAL’s official website is www.real.markets. REAL’s official Twitter account is @http://www.real.markets and its Facebook page is accessible here.

REAL Token Trading

REAL can be bought or sold on the following cryptocurrency exchanges: EtherDelta (ForkDelta) and BitFlip. It is usually not currently possible to buy alternative cryptocurrencies such as REAL directly using US dollars. Investors seeking to trade REAL should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy REAL using one of the exchanges listed above.

new TradingView.widget({ “height”: 400, “width”: 650, “symbol”: “REALUSD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Wednesday, June 20, 2018

In the short history of Trump trade conflicts, it has paid to buy the market dip

The Trump administration's history with trade has been volatile for stocks, usually sending them lower at first, but investors who have bought equities on those dips have been rewarded.

The Dow Jones industrial average, S&P 500 and Nasdaq composite this year dropped on average at least 0.4 percent immediately after an announcement on trade policy from the U.S. or its partners, according to CNBC analysis using Kensho. The analysis takes into account six instances this year in which the Trump administration and the European Union have announced they will impose tariffs or had threatened to impose them on certain goods.

Leading the major indexes lower when trade worries rise are industrials and financials, which fall at least 0.6 percent in these instances, the analysis shows. Materials are also among the biggest laggards.

Large-cap industrials like Boeing and Caterpillar do a lot of business overseas, making them susceptible to rising trade tensions. Financials, meanwhile, are usually pushed down by a decline in long-term rates as investors load up on U.S. sovereign bonds in their search for safety.

Late on Monday, President Donald Trump asked the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs, at a rate of 10 percent. If China "refuses to change its practices" and insists on continuing with the new tariffs it recently declared, then the additional levies would be imposed on Beijing, Trump said.

Soon after, the Chinese Commerce Ministry issued a response, stating that the latest threat of more tariffs violates previous negotiations and consensus reached between the U.S. and China. "The United States has initiated a trade war that violates market laws and is not in accordance with current global development trends," the ministry said.

The news rattled Wall Street, sending stocks down sharply. This, however, might be a good time to buy stocks. According to Kensho, the major averages are up at least half a percent just five trading days after the news on U.S. trade.

The previous rebounds have largely been led by consumer and health-care stocks, all of which average returns of at least 1 percent.

Industrials, however, still struggle five days after the initial decline, averaging a loss of 0.06 percent.

Wednesday, May 30, 2018

X-Coin (XCO) Market Capitalization Achieves $76,806.00

X-Coin (CURRENCY:XCO) traded down 8.9% against the U.S. dollar during the 1 day period ending at 20:00 PM E.T. on May 28th. X-Coin has a total market cap of $76,806.00 and $235.00 worth of X-Coin was traded on exchanges in the last day. During the last week, X-Coin has traded 15.7% lower against the U.S. dollar. One X-Coin coin can currently be purchased for about $0.0062 or 0.00000087 BTC on cryptocurrency exchanges including Cryptopia and YoBit.

Here’s how similar cryptocurrencies have performed during the last day:

Get X-Coin alerts: Qbao (QBT) traded up 3.2% against the dollar and now trades at $0.32 or 0.00004502 BTC. Bean Cash (BITB) traded 9.9% lower against the dollar and now trades at $0.0065 or 0.00000091 BTC. Bitcoin Atom (BCA) traded down 2.1% against the dollar and now trades at $0.90 or 0.00012610 BTC. Measurable Data Token (MDT) traded 6% lower against the dollar and now trades at $0.0432 or 0.00000606 BTC. Pascal Lite (PASL) traded down 6.6% against the dollar and now trades at $0.0301 or 0.00000422 BTC. High Voltage (HVCO) traded 0.9% higher against the dollar and now trades at $0.0418 or 0.00000587 BTC. Cybereits (CRE) traded down 11.3% against the dollar and now trades at $0.0207 or 0.00000290 BTC. Fonziecoin (FONZ) traded flat against the dollar and now trades at $0.0012 or 0.00000013 BTC. PrismChain (PRM) traded 1.7% lower against the dollar and now trades at $0.0012 or 0.00000016 BTC. EDRCoin (EDRC) traded up 22.2% against the dollar and now trades at $0.0706 or 0.00000989 BTC.

About X-Coin

X-Coin is a PoW/PoS coin that uses the SHA256 hashing algorithm. It was first traded on February 26th, 2015. X-Coin’s total supply is 12,384,976 coins. X-Coin’s official Twitter account is @XcoinNews. X-Coin’s official website is x-coin.info.

Buying and Selling X-Coin

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

new TradingView.widget({ “height”: 400, “width”: 650, “symbol”: “XCOUSD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Monday, May 28, 2018

Somewhat Positive Press Coverage Somewhat Unlikely to Affect Brightcove (BCOV) Stock Price

News headlines about Brightcove (NASDAQ:BCOV) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brightcove earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 44.7457050757448 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern’s scoring:

Get Brightcove alerts: Critical Analysis: Brightcove (BCOV) vs. Smartsheet (SMAR) (americanbankingnews.com) Brightcove (BCOV) PT Raised to $13.00 at Stifel Nicolaus (americanbankingnews.com) Brightcove Pushes the Envelope with Video Experiences that Increase Customer ROI (finance.yahoo.com) Brightcove Launches OTT Flow X, Powered by Accedo (finance.yahoo.com)

A number of research analysts have recently issued reports on BCOV shares. Zacks Investment Research cut shares of Brightcove from a “buy” rating to a “hold” rating in a research note on Wednesday, April 25th. Dougherty & Co lifted their target price on shares of Brightcove from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, May 17th. BidaskClub upgraded shares of Brightcove from a “hold” rating to a “buy” rating in a research report on Saturday, April 28th. TheStreet upgraded shares of Brightcove from a “d+” rating to a “c-” rating in a research report on Monday, May 7th. Finally, Stifel Nicolaus boosted their price objective on shares of Brightcove from $11.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, May 22nd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $9.85.

Brightcove opened at $10.50 on Monday, Marketbeat.com reports. Brightcove has a fifty-two week low of $5.95 and a fifty-two week high of $10.65. The company has a market capitalization of $371.22 million, a P/E ratio of -21.88 and a beta of 1.72.

Brightcove (NASDAQ:BCOV) last posted its quarterly earnings data on Thursday, April 26th. The software maker reported ($0.06) earnings per share for the quarter, hitting the consensus estimate of ($0.06). Brightcove had a negative net margin of 10.47% and a negative return on equity of 19.36%. The firm had revenue of $41.20 million during the quarter, compared to analysts’ expectations of $40.19 million. During the same quarter in the previous year, the company posted ($0.08) EPS. Brightcove’s revenue was up 9.6% on a year-over-year basis. analysts expect that Brightcove will post -0.23 earnings per share for the current fiscal year.

About Brightcove

Brightcove Inc provides cloud-based services for video. The company offers Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. Its Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics, as well as APIs, SDKs, and developer resources.

Insider Buying and Selling by Quarter for Brightcove (NASDAQ:BCOV)

Sunday, May 27, 2018

Top 10 Canadian Stocks To Invest In 2018

tags:CM,PMT,CNR,III,CMG,PBH,NGD,TRP,NG,STN,

Note: Unless otherwise specified, all figures are in Canadian dollars.

AltaGas (OTCPK:ATGFF) recently announced that it's going to acquire WGL Holdings (NYSE:WGL). This article will examine the financial side of the transaction. A number of Seeking Alpha authors have written articles on the merger as well, and I suggest that you read them.

Before I begin, let me tell you my story around AltaGas' stock. I bought my first shares of AltaGas last December at $33.91/share (on the Toronto Exchange). I discovered the company a few months before my purchase. I liked the assets, the predictable cash flows, and the reasonable price. The 6%-plus dividend yield paid monthly could attract income investors and push the price higher. Even if the price stayed flat or went down, I could enjoy the dividends and buy more shares. I was pretty satisfied with my investment.

In late January, the company announced that it agreed to acquire WGL Holdings, an $8.4B transformative transaction that basically doubles the size of the company. "Oh no, more analysis work to do amid my busy schedule," I told myself. Well, that's the life of an investor, I guess. Now it's time to work.

Top 10 Canadian Stocks To Invest In 2018: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:
  • [By Logan Wallace]

    Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

  • [By Motley Fool Staff]

    Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

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

    Operator

  • [By Stephan Byrd]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

  • [By Lisa Levin] Companies Reporting Before The Bell Target Corporation (NYSE: TGT) is estimated to report quarterly earnings at $1.38 per share on revenue of $16.50 billion. Ralph Lauren Corporation (NYSE: RL) is expected to report quarterly earnings at $0.83 per share on revenue of $1.48 billion. Lowe's Companies, Inc. (NYSE: LOW) is projected to report quarterly earnings at $1.25 per share on revenue of $17.63 billion. Tiffany & Co. (NYSE: TIF) is estimated to report quarterly earnings at $0.83 per share on revenue of $957.49 million. Canadian Imperial Bank of Commerce (NYSE: CM) is expected to report quarterly earnings at $2.23 per share on revenue of $3.40 billion. Citi Trends, Inc. (NASDAQ: CTRN) is projected to report quarterly earnings at $0.9 per share on revenue of $210.70 million. Qiwi plc (NASDAQ: QIWI) is expected to report quarterly earnings at $0.25 per share on revenue of $60.19 million. iClick Interactive Asia Group Limited (NASDAQ: ICLK) is projected to report quarterly loss at $0.06 per share on revenue of $34.87 million.

     

Top 10 Canadian Stocks To Invest In 2018: PennyMac Mortgage Investment Trust(PMT)

Advisors' Opinion:
  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) shares reached a new 52-week high and low on Monday . The company traded as low as $18.60 and last traded at $18.62, with a volume of 19306 shares changing hands. The stock had previously closed at $18.50.

Top 10 Canadian Stocks To Invest In 2018: China Metro-Rural Holdings Limited(CNR)

Advisors' Opinion:
  • [By Max Byerly]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) – Cormark raised their Q3 2018 earnings per share (EPS) estimates for Canadian National Railway in a research report issued to clients and investors on Tuesday, April 10th. Cormark analyst D. Tyerman now expects that the transportation company will post earnings per share of $1.15 for the quarter, up from their previous estimate of $1.14.

  • [By Shane Hupp]

    Wall Street analysts expect that Canadian National Railway (NYSE:CNI) (TSE:CNR) will announce $1.02 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Canadian National Railway’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.97. Canadian National Railway reported earnings per share of $1.00 in the same quarter last year, which would suggest a positive year over year growth rate of 2%. The company is expected to announce its next quarterly earnings results on Tuesday, July 24th.

Top 10 Canadian Stocks To Invest In 2018: Information Services Group Inc.(III)

Advisors' Opinion:
  • [By Logan Wallace]

    CGI Group (NYSE: GIB) and Information Services Group (NASDAQ:III) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

Top 10 Canadian Stocks To Invest In 2018: Chipotle Mexican Grill Inc.(CMG)

Advisors' Opinion:
  • [By Jeremy Bowman]

    For most restaurant stocks, a quarter with low single-digit comparable sales growth, a decline in guest traffic, and modest guidance would be received with a collective shrug if not a sell-off. However, most restaurant stocks aren't�Chipotle Mexican Grill�(NYSE:CMG).

  • [By Motley Fool Staff]

    Chipotle Mexican Grill (NYSE:CMG) Q1 2018 Earnings Conference CallApril 25, 2018 4:30 p.m. ET

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

    Operator

  • [By Lisa Levin] Gainers Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday. Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes. Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21. MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook. Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06. Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd. Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings. PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results. Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter. Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression. O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit. BioTelemetry,
  • [By Garrett Baldwin]

    FAANG stocks are attempting to rebound today after a brutal sell-off hit the Nasdaq components Tuesday. The social media giant Facebook Inc. (Nasdaq: FB) will report earnings after the bell, but it's likely that analysts are more interested in the company's ongoing response to a data scandal that rocked investor sentiment and spurred privacy fears during the first quarter. Wall Street forecasts EPS of $1.36 on top of $11.45 billion in revenue. Right now, the 10-year interest rate is sitting on the border of 3%. And this news has many investors jittery about the impact on the stock market and the broader economy. Of course, many people forget that interest rates remain historically low for this stage of an economic expansion. And inflation targets remain stubbornly elusive for members of the U.S. Federal Reserve. The truth is that investors have little to worry about regarding interest rates. Instead, they should listen to Money Morning Chief Investment Strategist Keith Fitz-Gerald, who offered his insight to Fox Business Network earlier this week. Here's what Keith had to say. Three Stocks to Watch Today: TWTR, CS, GE General Electric Co. (NYSE: GE) is under pressure to fire its auditor of 109 years, KPMG (for perspective, GE began its longtime relationship with KPMG a year after the first Model-T was built). Shareholder rights firms Glass-Lewis and Institutional Shareholder Services are spearheading the change and will push for adjustments during the firm's annual shareholder meeting. The move comes after a calamitous year for GE, which saw the company become the worst-performing Dow component of 2017. Twitter Inc. (NYSE TWTR) will lead a very busy day of earnings reports. The social media giant is expected to report EPS of $0.12 on top of $609.8 million in revenue. Shares in�Credit Suisse�(ADR) (NYSE: CS) rallied more than 4% today after the Swiss financial giant beat earnings expectations before the bell. This was a significant milestone for Cr

Top 10 Canadian Stocks To Invest In 2018: Prestige Brand Holdings Inc.(PBH)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Amedica Corporation (NASDAQ: AMDA) rose 31.3 percent to $4.11 in pre-market trading after climbing 181.98 percent on Tuesday. ZAGG Inc (NASDAQ: ZAGG) rose 18.7 percent to $13.65 in pre-market trading after the company posted better-than-expected Q1 earnings. TripAdvisor, Inc. (NASDAQ: TRIP) rose 18.6 percent to $46.00 in pre-market trading after the company reported stronger-than-expected results for its first quarter on Tuesday. TransEnterix, Inc. (NYSE: TRXC) shares rose 15 percent to $2.08 in pre-market trading after reporting Q4 results. Axon Enterprise, Inc. (NASDAQ: AAXN) rose 9.8 percent to $49.00 in pre-market trading following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent. Centennial Resource Development, Inc. (NASDAQ: CDEV) shares rose 8.1 percent to $21.06 in pre-market trading following Q1 results. OPKO Health, Inc. (NASDAQ: OPK) shares rose 6.8 percent to $3.44 in pre-market trading following Q1 beat. Tel-Instrument Electronics Corp. (NYSE: TIK) rose 6.7 percent to $3.20 in pre-market trading after surging 25.37 percent on Tuesday. KBS Fashion Group Limited (NASDAQ: KBSF) rose 6.4 percent to $5.84 in pre-market trading after jumping 9.36 percent on Tuesday. Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) rose 6.6 percent to $8.26 in pre-market trading after reporting Q2 earnings. New Relic, Inc. (NYSE: NEWR) rose 6.3 percent to $82.00 in pre-market trading following Q4 results. Match Group, Inc. (NASDAQ: MTCH) rose 5.8 percent to $38.43 in pre-market trading after reporting upbeat Q1 earnings. Prestige Brands Holdings, Inc. (NYSE: PBH) rose 5.2 percent to $30.62 in pre-market trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Lisa Levin]

    Prestige Brands Holdings, Inc. (NYSE: PBH) shares were also up, gaining 23 percent to $35.07 after the company posted upbeat Q4 earnings.

    Equities Trading DOWN

  • [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19

Top 10 Canadian Stocks To Invest In 2018: NEW GOLD INC.(NGD)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

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

    New Gold Inc. (NYSEAMERICAN: NGD) dropped about 2.9% Monday to post a new 52-week low of $2.35. Shares closed at $2.42 on Friday and the stock’s 52-week high is $4.25. Volume was about 10% below the daily average of around 5.8 million shares. The gold mining company had no news.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday. SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results. Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance. New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results. Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash. China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday. Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results. eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results. Southw
  • [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.

  • [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 10 Canadian Stocks To Invest In 2018: Transcananda Pipelines Ltd.(TRP)

Advisors' Opinion:
  • [By Paul Ausick]

    In addition to the Trans Mountain system, two other pipeline projects currently are proposed to move crude oil from Alberta either to the Great Lakes or the Gulf Coast. Enbridge Inc. (NYSE: ENB) is proposing to replace its 50-year old Line 3 system to transport 760,000 barrels a day to Superior, Wisconsin. TransCanada Corp. (NYSE: TRP) has received approval from the Trump administration and would transport 830,000 barrels a day to Nebraska where existing pipelines will take over, sending the crude to U.S. refineries and Gulf Coast terminals.

  • [By Stephan Byrd]

    TransCanada (NYSE: TRP) and Transportadora de Gas del Sur (NYSE:TGS) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.

  • [By Matthew DiLallo]

    TransCanada (NYSE:TRP) is a dividend lovers' dream stock. The Canadian pipeline giant has increased its payout for 18 straight years, including 10.4% for 2018, and it now yields nearly 5%. There's still plenty more growth coming down the pipeline given its forecast that the company can increase the payout at an 8% to 10% annual rate through at least 2021. That outlook is among the best in its peer group.

  • [By Jason Hall]

    Priestley:�Yeah,�absolutely. The last company is also on this natural gas trend,�it's TransCanada (NYSE:TRP), ticker TRP. It's a�Canadian energy infrastructure company. They have assets in the U.S.,�Canada, obviously, and Mexico. They�operate 40,000 miles of natural gas pipeline. A�notable project that they operate is the Keystone XL Pipeline and the�Keystone Pipeline system. It�also has interests in 20 power�generation facilities,�mostly in Canada. And, they have significant scale as a midstream company. I kind of like these midstream players, because they're really winners,�so to speak, in a lot of respects. A lot of the contracts that they make with the oil refiners or the oil�companies themselves are 15-20-year contracts.

  • [By Matthew DiLallo]

    Most investors have probably heard of energy giants Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B), Dominion Energy (NYSE:D), and TransCanada (NYSE:TRP). Fewer, however, are likely familiar with their publicly traded master limited partnerships (MLPs): Shell Midstream Partners (NYSE:SHLX), Dominion Energy Midstream Partners (NYSE:DM), and TC Pipelines (NYSE:TCP). That might be a good thing, as the market has beaten up the latter trio this year, sending their valuations south.

  • [By Matthew DiLallo]

    Enbridge just bought its stake in the German offshore wind farm projects�last year, initially agreeing to invest about $1.25 billion for a 50% stake. However, with concerns growing about its balance sheet and ability to finance growth projects, the company has chosen to monetize part of this asset. It's also monetizing its onshore renewable facilities in Canada and two in the U.S. to bring in some much-needed cash. This decision to cash in on a portion of its renewable portfolio follows a similar plan by fellow Canadian pipeline giant TransCanada (NYSE:TRP), which sold its solar assets in Ontario last year. The driving factor in that decision was TransCanada's desire to improve its financial flexibility so that it could "continue to build on our vision of being North America's leading energy infrastructure company," said CEO Russ Girling. What's clear from these deals is that neither TransCanada nor Enbridge sees renewables playing a key role in building the companies they envision themselves being.

Top 10 Canadian Stocks To Invest In 2018: Natural Gas(NG)

Advisors' Opinion:
  • [By Money Morning Staff Reports]

    Canadian gold mining company NovaGold Resources Inc. (NYSE: NG) shows an even starker change in sentiment. In the last 12 months, the volume of short bets on the stock declined 79%, to 522,400.

  • [By Shane Hupp]

    JPMorgan Chase set a GBX 870 ($11.80) target price on National Grid (LON:NG) in a research note released on Monday. The brokerage currently has a buy rating on the stock.

  • [By Money Morning News Team]

    Canadian gold mining company NovaGold Resources Inc. (NYSE: NG) shows an even starker change in sentiment. In the last six months, the volume of short bets on the stock declined 32.75%, from 19.05 million shares to 12.81 million.

Top 10 Canadian Stocks To Invest In 2018: Stantec Inc(STN)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million. AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million. Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion. Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion. Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion. Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion. Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million. Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million. ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million. Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion. Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion. Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion. NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million. World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million. MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million. Choice Hotels International, Inc. (NYSE: CH
  • [By Logan Wallace]

    Stantec (TSE:STN) (NYSE:STN) has received a consensus rating of “Buy” from the nine research firms that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a 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 C$36.50.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Stantec (STN)

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

Saturday, May 26, 2018

Contrasting Hilton Grand Vacations (HGV) and Norwegian Cruise Line (NCLH)

Hilton Grand Vacations (NYSE: HGV) and Norwegian Cruise Line (NASDAQ:NCLH) are both consumer discretionary companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends and institutional ownership.

Volatility and Risk

Get Hilton Grand Vacations alerts:

Hilton Grand Vacations has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500. Comparatively, Norwegian Cruise Line has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Hilton Grand Vacations and Norwegian Cruise Line, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hilton Grand Vacations 0 1 6 0 2.86
Norwegian Cruise Line 1 3 12 0 2.69

Hilton Grand Vacations currently has a consensus price target of $46.50, suggesting a potential upside of 16.60%. Norwegian Cruise Line has a consensus price target of $64.77, suggesting a potential upside of 19.65%. Given Norwegian Cruise Line’s higher possible upside, analysts clearly believe Norwegian Cruise Line is more favorable than Hilton Grand Vacations.

Earnings and Valuation

This table compares Hilton Grand Vacations and Norwegian Cruise Line’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Hilton Grand Vacations $1.71 billion 2.26 $327.00 million $1.97 20.24
Norwegian Cruise Line $4.87 billion 2.50 $633.08 million N/A N/A

Norwegian Cruise Line has higher revenue and earnings than Hilton Grand Vacations.

Profitability

This table compares Hilton Grand Vacations and Norwegian Cruise Line’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Hilton Grand Vacations 18.28% 45.63% 7.46%
Norwegian Cruise Line 13.91% 16.97% 6.16%

Institutional and Insider Ownership

88.9% of Norwegian Cruise Line shares are owned by institutional investors. 0.7% of Hilton Grand Vacations shares are owned by insiders. Comparatively, 1.0% of Norwegian Cruise Line shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Norwegian Cruise Line beats Hilton Grand Vacations on 8 of the 12 factors compared between the two stocks.

About Hilton Grand Vacations

Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases. The company also manages and operates the points-based Hilton Grand Vacations Club and Hilton Club exchange programs, which provides exchange, leisure travel, and reservation services to approximately 288,000 members, as well as engages in the rental of inventory made available due to ownership exchanges through its club programs. As of December 31, 2017, it had 48 resorts comprising 8,102 units located in the United States and Europe. Hilton Grand Vacations Inc. was founded in 1992 and is headquartered in Orlando, Florida.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. The Company’s brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. All the brands offer a selection of shore excursions at each port of call, as well as hotel packages for stays before or after a voyage. As of December 31, 2016, its Norwegian offered 14 ships that were purpose-built to deliver the Freestyle Cruising product, which offered freedom, flexibility and choice to its guests.

Friday, May 25, 2018

Halcon Resources (HK) Shares Gap Down to $5.27

Halcon Resources (NYSE:HK)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $5.39, but opened at $5.27. Halcon Resources shares last traded at $5.19, with a volume of 3651231 shares changing hands.

Several equities analysts recently weighed in on HK shares. Zacks Investment Research raised shares of Halcon Resources from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 3rd. Stephens reissued a “buy” rating and issued a $13.00 target price on shares of Halcon Resources in a research note on Monday, February 26th. TheStreet cut shares of Halcon Resources from a “c-” rating to a “d+” rating in a research note on Tuesday, March 20th. Imperial Capital reissued an “outperform” rating and issued a $9.00 target price (down from $12.00) on shares of Halcon Resources in a research note on Friday, March 2nd. Finally, ValuEngine cut shares of Halcon Resources from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $9.50.

Get Halcon Resources alerts:

The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $869.68 million, a P/E ratio of -34.60 and a beta of 3.95.

Halcon Resources (NYSE:HK) last released its quarterly earnings data on Wednesday, May 2nd. The energy company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.03). Halcon Resources had a negative return on equity of 3.42% and a net margin of 117.87%. The company had revenue of $49.30 million for the quarter, compared to the consensus estimate of $44.34 million. During the same period last year, the firm earned $0.06 earnings per share. The company’s revenue for the quarter was down 63.6% compared to the same quarter last year. equities analysts predict that Halcon Resources will post 0.04 EPS for the current fiscal year.

In other news, Director Darryl Schall bought 7,000 shares of the company’s stock in a transaction dated Monday, March 5th. The stock was bought at an average price of $5.48 per share, with a total value of $38,360.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Floyd C. Wilson bought 50,000 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were purchased at an average cost of $5.22 per share, with a total value of $261,000.00. Following the acquisition, the chief executive officer now directly owns 1,669,486 shares of the company’s stock, valued at approximately $8,714,716.92. The disclosure for this purchase can be found here. Insiders own 3.70% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Highbridge Capital Management LLC acquired a new stake in shares of Halcon Resources during the first quarter worth $891,000. Millennium Management LLC lifted its holdings in shares of Halcon Resources by 57.1% during the first quarter. Millennium Management LLC now owns 5,561,127 shares of the energy company’s stock worth $27,083,000 after buying an additional 2,021,349 shares in the last quarter. Meghalaya Partners L.P. lifted its holdings in shares of Halcon Resources by 463.6% during the first quarter. Meghalaya Partners L.P. now owns 1,950,000 shares of the energy company’s stock worth $9,497,000 after buying an additional 1,604,020 shares in the last quarter. Wexford Capital LP lifted its holdings in shares of Halcon Resources by 255.7% during the first quarter. Wexford Capital LP now owns 1,138,558 shares of the energy company’s stock worth $5,545,000 after buying an additional 818,483 shares in the last quarter. Finally, Nokomis Capital L.L.C. lifted its holdings in shares of Halcon Resources by 48.4% during the first quarter. Nokomis Capital L.L.C. now owns 2,619,353 shares of the energy company’s stock worth $12,756,000 after buying an additional 854,867 shares in the last quarter. 98.35% of the stock is owned by institutional investors.

About Halcon Resources

Halcè´¸n Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of February 28, 2018, the company held interests in 21,679 net acres in the Monument Draw area of the Delaware Basin, located in Pecos and Reeves Counties, Texas; and 27,035 net acres in the Hackberry Draw area of the Delaware Basin, located in Pecos and Reeves Counties, Texas.

Thursday, May 24, 2018

Goldman Sees More Bond Pain for Italy Given Portugal's History

For a template on how to trade Italy 2018, investors should look back to Portugal in 2015.

That’s the advice of Goldman Sachs Group Inc. The lesson is Italian bond yields have further to rise as a coalition of populist parties is poised to form a government, but that a Greece-style threat to the euro area isn’t looming.

The Portuguese example after the formation of a socialist government in 2015 suggests yield spreads over equivalent German benchmarks can be “significant and persistent” for some time, Goldman economist Huw Pill wrote in a note to clients on Wednesday.

#lazy-img-327987991:before{padding-top:56.25%;}

“The Portuguese experience shows the election of a more populist government embodying euroskeptical elements in Italy need not create the existential crisis and domestic financial meltdown that we observed in Greece,” Pill said. “That said, we continue to view current market pricing as reflecting a somewhat complacent view of political developments in Italy.”

Italy’s 10-year yield spread over comparable German bunds widened to 193 basis points Wednesday, the most on a closing basis since June. That compares with more than 550 basis points at the height of the euro-area debt crisis in 2011.

Italian President Sergio Mattarella summoned premiership candidate Giuseppe Conte, a Florence law professor, for talks on Wednesday afternoon, the head of state’s office said in a statement.

Italian Outlook

Greece, where spreads ballooned to 1,800 basis points in 2015, has always been seen as a “special case” by European authorities, according to Pill.

That leaves the Italian outlook for spreads resembling the Portuguese example, able to go wider without triggering an existential crisis of the euro, he said. In the Portuguese case, spreads widened 150 basis points for more than a year, according to Pill.

“We see the ‘search-for-yield’ dynamic prompted by the ECB’s non-standard monetary policy measures as sufficient to avoid a return to the extreme tensions of 2011-12,” Pill said. Still, Italy’s public finances remain vulnerable, and the European Central Bank’s policy “relies on governments taking a cooperative approach to addressing market tensions,” he said.

— With assistance by Joao Lima

LISTEN TO ARTICLE 2:08 Share Share on Facebook Post to Twitter Send as an Email Print

Wednesday, May 23, 2018

Top 10 Low Price Stocks To Own Right Now

tags:WEB,SYNC,LB,BBK,IPHS,IPWR,HOMB,SFLY,SCS,ITT,


Black Friday conjures up dreams of scoring flat-screen TVs, video games, jewelry and winter clothing for super-low prices.

But after the gobble gobble, think about some vroom vroom.

The day after Thanksgiving is the best day to buy a used car, according to iSeeCars.com, which found 33.1% more deals that day than on the average day. No. 2 on the list was Veterans Day (32.5%), followed by Thanksgiving (30.6%), Columbus Day (30.5%) and Martin Luther King Jr. Day (29.4%). The worst times to buy a used car are July 4 and Mother��s Day, both with about 28% fewer deals.

The website, which aggregates used-car for-sale listings, studied data from 40 million-plus used-car sales from 2013 to 2015.

"What you're seeing is dealers and car sellers taking advantage of people out shopping," Phong Ly, CEO of iSeeCars.com, told the Free Press. "They want to buy something. They have a glut of inventory they need to move out. A lot of used cars are being traded in. They have to move those, too. Why not take advantage?"

Top 10 Low Price Stocks To Own Right Now: Web.com Group, Inc.(WEB)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Check-Cap Ltd. (NASDAQ: CHEK) shares dipped 47.8 percent to $4.60. Check-Cap priced its upsized underwritten offering of public units at $5.50 per unit. VivoPower International PLC (NASDAQ: VVPR) shares fell 41.5 percent to $2.57. Universal Electronics Inc. (NASDAQ: UEIC) dropped 35.1 percent to $29.50 after the company posted downbeat quarterly results. Euro Tech Holdings Company Limited (NASDAQ: CLWT) dropped 34.8 percent to $3.75 after climbing 155.56 percent on Thursday. Integrated Media Technology Limited (NASDAQ: IMTE) fell 25.2 percent to $24.01 after surging 46.29 percent on Thursday. Fluor Corporation (NYSE: FLR) dropped 22.5 percent to $45.73 after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year. AMN Healthcare Services, Inc (NYSE: AMN) shares fell 19.6 percent to $52.075 following Q1 earnings. Adverum Biotechnologies, Inc. (NASDAQ: ADVM) shares declined 18.1 percent to $5.20. Adverum Biotech disclosed that its CEO Amber Salzman is stepping down. Newater Technology, Inc. (NASDAQ: NEWA) dropped 17.2 percent to $12.83. Basic Energy Services, Inc. (NYSE: BAS) fell 17.2 percent to $13.65 following Q1 results. Xperi Corporation (NASDAQ: XPER) declined 15.8 percent to $19.40 after announcing Q1 results. Sharing Economy International Inc. (NASDAQ: SEII) shares fell 15.1 percent to $3.649 after climbing 22.16 percent on Thursday. Performant Financial Corporation (NASDAQ: PFMT) dropped 14.2 percent to $2.65. Gogo Inc. (NASDAQ: GOGO) shares fell 13.2 percent to $8.32 after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow. Technical Communications Corporation (NASDAQ: TCCO) dropped 12.2 percent to $5.05. Web.com Group, Inc. (NASDAQ: WEB) fell 9.7 percent
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Fluor Corporation (NYSE: FLR) fell 13.4 percent to $51.10 in pre-market trading after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year. Integrated Media Technology Limited (NASDAQ: IMTE) fell 9.8 percent to $28.97 in pre-market trading after surging 46.29 percent on Thursday. Gogo Inc. (NASDAQ: GOGO) shares fell 8.2 percent to $8.81 in pre-market trading after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow. Sharing Economy International Inc. (NASDAQ: SEII) shares fell 7.5 percent to $3.98 in pre-market trading after climbing 22.16 percent on Thursday. Arista Networks, Inc. (NYSE: ANET) fell 7.4 percent to $248.00 in pre-market trading following first-quarter earnings. Web.com Group, Inc. (NASDAQ: WEB) fell 6.7 percent to $18.00 in pre-market trading after reporting Q1 results. Varex Imaging Corporation (NASDAQ: VREX) fell 5.2 percent to $34 in pre-market trading after reporting Q2 results. Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) shares fell 5.2 percent to $7.60 in pre-market trading after dropping 3.02 percent on Thursday. AMN Healthcare Services, Inc (NYSE: AMN) shares fell 4.7 percent to $61.70 in pre-market trading following Q1 earnings. HSBC Holdings plc (NYSE: HSEA) fell 4.6 percent to $25.15 in pre-market trading after reporting Q1 results. Stratasys Ltd. (NASDAQ: SSYS) shares fell 4 percent to $16.66 in pre-market trading after dropping 2.86 percent on Thursday. Melco Resorts & Entertainment Limited (NASDAQ: MLCO) fell 4 percent to $30.65 in pre-market trading. Century Aluminum Co (NASDAQ: CENX) fell 4 percent to $15.76 in pre-market trading following Q1 results. HSBC Holdings plc (NYSE: HSBC) shares fell 3.5 percent to $48.10 in pre-market tr

Top 10 Low Price Stocks To Own Right Now: Synacor, Inc.(SYNC)

Advisors' Opinion:
  • [By WWW.GURUFOCUS.COM]

    For the details of INTEL CORP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=INTEL+CORP

    These are the top 5 holdings of INTEL CORPCloudera Inc (CLDR) - 26,065,827 shares, 92.26% of the total portfolio. Borqs Technologies Inc (BRQS) - 3,799,172 shares, 5.42% of the total portfolio. ForeScout Technologies Inc (FSCT) - 257,756 shares, 1.37% of the total portfolio. Aquantia Corp (AQ) - 161,492 shares, 0.42% of the total portfolio. Synacor Inc (SYNC) - 866,884 shares, 0.23% of the total portfolio. New

Top 10 Low Price Stocks To Own Right Now: L Brands, Inc.(LB)

Advisors' Opinion:
  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which traded down about 12% at $50.97. The stock��s 52-week range is $35.00 to $64.91. Volume was just over 20 million versus the daily average of about 4 million shares.

  • [By Chris Lange]

    L Brands Inc. (NYSE: LB) will report its most recent quarterly results on Wednesday. The consensus estimates call for $0.18 in EPS and $2.59 billion in revenue. Shares were last seen trading at $33.74, in a 52-week range of $30.70 to $63.10. The consensus price target is $44.83.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which traded down about 7% at $31.64. The stock��s 52-week range is $30.70 to $63.10. Volume was 15.7 million compared to the daily average volume of 4.5 million.

Top 10 Low Price Stocks To Own Right Now: Blackrock Municipal Bond Trust(BBK)

Advisors' Opinion:
  • [By Shane Hupp]

    Doliver Capital Advisors LP trimmed its stake in shares of Blackrock Municipal Bond Trust (NYSE:BBK) by 26.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,260 shares of the financial services provider’s stock after selling 3,598 shares during the quarter. Doliver Capital Advisors LP owned about 0.10% of Blackrock Municipal Bond Trust worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

Top 10 Low Price Stocks To Own Right Now: Innophos Holdings, Inc.(IPHS)

Advisors' Opinion:
  • [By Max Byerly]

    BidaskClub upgraded shares of Innophos (NASDAQ:IPHS) from a strong sell rating to a sell rating in a research report report published on Friday morning.

Top 10 Low Price Stocks To Own Right Now: Ideal Power Inc.(IPWR)

Advisors' Opinion:
  • [By Logan Wallace]

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

    Get Ideal Power alerts: Ideal Power (IPWR) Expected to Announce Quarterly Sales of $390,000.00 (americanbankingnews.com) -$0.15 EPS Expected for Ideal Power (IPWR) This Quarter (americanbankingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial�� Plus Inverters (investingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial�� Plus Inverters from NEXTracker for One of the Largest Solar-and-Storage Installations in Iowa (finance.yahoo.com)

    A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $1.50 price target for the company in a research note on Wednesday, January 10th. HC Wainwright reissued a “buy” rating and issued a $4.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Roth Capital reissued a “hold” rating and issued a $1.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Finally, B. Riley cut shares of Ideal Power from a “buy” rating to a “neutral” rating and cut their price target for the stock from $5.00 to $2.50 in a research note on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Ideal Power currently has a consensus rating of “Hold” and a consensus price target of $3.00.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Ideal Power (IPWR)

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

  • [By Logan Wallace]

    Ideal Power (NASDAQ: IPWR) and Hollysys Automation Technologies (NASDAQ:HOLI) are both small-cap industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, analyst recommendations, profitability, risk and earnings.

Top 10 Low Price Stocks To Own Right Now: Home BancShares, Inc.(HOMB)

Advisors' Opinion:
  • [By Stephan Byrd]

    Zeke Capital Advisors LLC purchased a new stake in shares of Home BancShares (NASDAQ:HOMB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,987 shares of the financial services provider’s stock, valued at approximately $205,000.

  • [By Joseph Griffin]

    Home BancShares (NASDAQ:HOMB) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

  • [By Stephan Byrd]

    Headlines about Home BancShares (NASDAQ:HOMB) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Home BancShares earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.7100995172055 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Top 10 Low Price Stocks To Own Right Now: Shutterfly Inc.(SFLY)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shutterfly (NASDAQ:SFLY) SVP Satish Menon sold 3,980 shares of the firm’s stock in a transaction that occurred on Thursday, May 17th. The stock was sold at an average price of $94.76, for a total transaction of $377,144.80. Following the completion of the sale, the senior vice president now directly owns 28,980 shares in the company, valued at $2,746,144.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Shutterfly (SFLY)

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

  • [By Shane Hupp]

    Shares of Shutterfly (NASDAQ:SFLY) have received a consensus rating of “Buy” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $80.57.

Top 10 Low Price Stocks To Own Right Now: Steelcase Inc.(SCS)

Advisors' Opinion:
  • [By Stephen Mack]

    Jim Hackett spent two decades as CEO of Michigan-based office furniture company Steelcase Inc. (NYSE: SCS). When he took over, the American workplace was shifting away from cubicles, and the company looked on the verge of extinction, with $70 million in annual losses.

  • [By Ethan Ryder]

    SpeedCash (CURRENCY:SCS) traded 13.6% lower against the dollar during the 1 day period ending at 10:00 AM ET on May 4th. One SpeedCash coin can now be purchased for approximately $2.71 or 0.00028080 BTC on major exchanges including YoBit, Cryptohub, Trade Satoshi and Crex24. During the last seven days, SpeedCash has traded 201.8% higher against the dollar. SpeedCash has a total market capitalization of $1.26 million and $26,755.00 worth of SpeedCash was traded on exchanges in the last 24 hours.

  • [By Logan Wallace]

    Here are some of the media stories that may have impacted Accern’s rankings:

    Get Steelcase alerts: Vida Health Expands Platform to Tackle Comorbidities (prweb.com) Zacks: Brokerages Expect Steelcase (SCS) Will Announce Quarterly Sales of $756.45 Million (americanbankingnews.com) Knoll: Q1 Earnings Enough To Stay Long (seekingalpha.com) ValuEngine Downgrades Steelcase (SCS) to Sell (americanbankingnews.com) Should Stem Cells Spin SA.��s (WSE:SCS) Recent Earnings Decline Worry You? (finance.yahoo.com)

    Several research analysts have weighed in on the company. ValuEngine lowered Steelcase from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Seaport Global Securities reaffirmed a “neutral” rating on shares of Steelcase in a research report on Monday, March 26th. Finally, Zacks Investment Research raised Steelcase from a “sell” rating to a “hold” rating in a research report on Wednesday, March 28th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.00.

  • [By Max Byerly]

    SpeedCash (SCS) is a coin. SpeedCash’s total supply is 476,918 coins and its circulating supply is 467,791 coins. The Reddit community for SpeedCash is /r/SpeedCash and the currency’s Github account can be viewed here. SpeedCash’s official Twitter account is @SpeedCashMedia. SpeedCash’s official website is www.scash.ml.

Top 10 Low Price Stocks To Own Right Now: ITT Corporation(ITT)

Advisors' Opinion:
  • [By Ethan Ryder]

    Intelligent Trading Foundation (CURRENCY:ITT) traded 1.1% higher against the US dollar during the 1 day period ending at 8:00 AM ET on April 18th. In the last week, Intelligent Trading Foundation has traded up 19.5% against the US dollar. One Intelligent Trading Foundation token can currently be purchased for about $0.0764 or 0.00000942 BTC on cryptocurrency exchanges including COSS, EtherDelta (ForkDelta), IDEX and Mercatox. Intelligent Trading Foundation has a total market cap of $749,032.00 and approximately $863.00 worth of Intelligent Trading Foundation was traded on exchanges in the last 24 hours.

  • [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P