Tuesday, July 24, 2018

Hot Stocks To Buy For 2019

tags:TSL,RAS,BKE,CTT,HAIN,MLHR,

Shares of ARMO BioSciences (NASDAQ:ARMO) have earned an average broker rating score of 1.00 (Strong Buy) from the four brokers that cover the stock, Zacks Investment Research reports. Four investment analysts have rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $63.25 for the company and are predicting that the company will post ($0.48) earnings per share for the current quarter, according to Zacks. Zacks has also given ARMO BioSciences an industry rank of 178 out of 265 based on the ratings given to its competitors.

Several analysts recently commented on ARMO shares. Robert W. Baird started coverage on shares of ARMO BioSciences in a report on Tuesday, February 20th. They set an “outperform” rating and a $67.00 target price for the company. Jefferies Group started coverage on shares of ARMO BioSciences in a report on Tuesday, February 20th. They set a “buy” rating and a $61.00 target price for the company. Leerink Swann raised shares of ARMO BioSciences from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a report on Tuesday, March 27th. Finally, BMO Capital Markets started coverage on shares of ARMO BioSciences in a report on Tuesday, February 20th. They set an “outperform” rating and a $75.00 target price for the company.

Hot Stocks To Buy For 2019: Trina Solar Limited(TSL)

Advisors' Opinion:
  • [By Max Byerly]

    Energo (CURRENCY:TSL) traded up 5.3% against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on June 29th. One Energo token can currently be bought for approximately $0.0146 or 0.00000235 BTC on popular cryptocurrency exchanges including Gate.io, Coinrail, Coinnest and CoinEgg. Energo has a market capitalization of $9.93 million and $823,323.00 worth of Energo was traded on exchanges in the last 24 hours. Over the last week, Energo has traded 11.7% lower against the U.S. dollar.

  • [By Logan Wallace]

    Shares of Tree Island Steel Ltd. (TSE:TSL) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$3.40 and last traded at C$3.47, with a volume of 7100 shares traded. The stock had previously closed at C$3.49.

  • [By Stephan Byrd]

    Energo (CURRENCY:TSL) traded 2.8% lower against the dollar during the 24-hour period ending at 22:00 PM E.T. on April 22nd. In the last week, Energo has traded up 73.1% against the dollar. Energo has a total market capitalization of $24.76 million and approximately $956,466.00 worth of Energo was traded on exchanges in the last 24 hours. One Energo token can now be bought for about $0.0425 or 0.00000481 BTC on popular exchanges including Gate.io, CoinEgg, Coinnest and Coinrail.

Hot Stocks To Buy For 2019: RAIT Financial Trust(RAS)

Advisors' Opinion:
  • [By Stephan Byrd]

    RAIT Financial Trust (NYSE:RAS) will announce its earnings results before the market opens on Wednesday, May 23rd. Analysts expect the company to announce earnings of $0.21 per share for the quarter.

Hot Stocks To Buy For 2019: Buckle, Inc. (BKE)

Advisors' Opinion:
  • [By Taylor Cox]

    Notable Earnings

    Foot Locker, Inc (NYSE: FL) Q1 premarket The Buckle, Inc (NYSE: BKE) Q1 premarket

    FDA/Biotech

    BioMarin Pharmaceutical Inc (NASDAQ: BMRN) PDUFA date for Pegvaliase

    IPOs

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Zoe's Kitchen, Inc. (NYSE: ZOES) fell 27.8 percent to $10.45 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter. The company also lowered its FY18 sales outlook from $358million-$368 million to $345 million-$352 million. Hibbett Sports, Inc. (NASDAQ: HIBB) shares fell 15.6 percent to $24.50 in pre-market trading after the company reported weaker-than-expected results for its first quarter. Rockwell Medical, Inc. (NASDAQ: RMTI) fell 15.5 percent to $5.02 in the pre-market trading session after the company disclosed that its President and CEO Robert Chioini was terminated. BG Staffing Inc (NYSE: BGSF) shares fell 12.7 percent to $19.00 in pre-market trading after reporting a common stock offering. 8x8, Inc. (NASDAQ: EGHT) fell 9.3 percent to $20.00 in pre-market trading after reporting downbeat quarterly earnings. Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) fell 7.7 percent to $2.35 in pre-market trading after rising 3.88 percent on Thursday. Gap, Inc. (NYSE: GPS) shares fell 7.5 percent to $30.49 in pre-market trading after the company posted downbeat earnings for its first quarter on Thursday. Comps were up 1 percent in the quarter. California Resources Corporation (NYSE: CRC) fell 6.4 percent to $33.91 in pre-market trading. Buckle Inc (NYSE: BKE) fell 4.9 percent to $24.50 in pre-market trading following weak quarterly sales. China Rapid Finance Limited (NYSE: XRF) shares fell 4.9 percent to $3.13 in pre-market trading after climbing 11.53 percent on Thursday. Ross Stores, Inc. (NASDAQ: ROST) fell 4.8 percent to $78.98 in pre-market trading. Ross Stores reported upbeat earnings for its first quarter, but issued weak forecast for the current quarter. Callon Petroleum Company (NYSE: CPE) shares fell 4.7 percent to $11.90 in pre-market trading after the company reported pricing of common
  • [By Garrett Baldwin]

    We're about to reveal a little wealth secret that could unlock the trade of a lifetime.�Money Morning�Special Situation Strategist Tim Melvin takes you inside what could easily be a 10-bagger for investors in the weeks ahead.�Read more right here.

    The Top Stock Market Stories for Friday Meanwhile, the United States will continue to meet with China to discuss ways to accelerate a deal between the two nations on trade. U.S. Commerce head Wilbur Ross will be visiting the nation next month to lead the next round of talks. Last weekend, the two nations agreed in principle to avoid a trade war. Here's the thing… the U.S. government doesn't want you to know the full story of what is happening. Here's a look at the backroom details…. U.S. crude oil prices slumped below $70 per barrel Friday thanks to reports out of Russia on its plans to hike production. Russia says it may increase production as part of a plan to ease portions of its deal with OPEC to cap excessive global output. Oil traders have long suspected that Russia would be one of the first countries to turn away from the ongoing deal with Saudi Arabia and the rest of the global oil cartel as soon as prices and inventory levels stabilized. This could be a blow to predictions among OPEC nations, as well as some traders who were hoping that oil could push back toward $100 per barrel. Three Stocks to Watch Today: FL, NFLX, AMZN Foot Locker Inc.�(NYSE: FL) leads a light day of earnings reports. Shares of the shoe retailer popped 13% after the firm reported earnings per share (EPS) of $1.45. Wall Street had anticipated EPS of just $1.24. The retailer benefited from stronger same-store sales and higher revenue, which also beat Wall Street expectations. On Thursday, Netflix Inc. (Nasdaq: NFLX) surpassed The Walt Disney Co.�(NYSE: DIS) in market capitalization to become the most valuable media property on the planet. It's worth noting, however, that Netflix's market capitalization of $163 billion

Hot Stocks To Buy For 2019: CatchMark Timber Trust, Inc.(CTT)

Advisors' Opinion:
  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Catchmark Timber Trust (CTT)

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

  • [By Max Byerly]

    Schwab Charles Investment Management Inc. raised its stake in Catchmark Timber Trust Inc (NYSE:CTT) by 11.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,276 shares of the financial services provider’s stock after purchasing an additional 9,700 shares during the period. Schwab Charles Investment Management Inc. owned 0.19% of Catchmark Timber Trust worth $1,139,000 at the end of the most recent quarter.

  • [By Joseph Griffin]

    News stories about Catchmark Timber Trust (NYSE:CTT) have trended positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Catchmark Timber Trust earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.7951009345236 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Stephan Byrd]

    Brookfield Asset Management Inc. increased its position in shares of Catchmark Timber Trust Inc (NYSE:CTT) by 165.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 626,887 shares of the financial services provider’s stock after acquiring an additional 390,387 shares during the period. Brookfield Asset Management Inc. owned about 1.28% of Catchmark Timber Trust worth $7,817,000 at the end of the most recent reporting period.

Hot Stocks To Buy For 2019: The Hain Celestial Group, Inc.(HAIN)

Advisors' Opinion:
  • [By Brian Stoffel]

    There are several parts of the value chain that create natural and organic goods:

    Individual organic farmers, who you largely cannot invest in. Producers of organic foods, who take farmer's goods and combine them for consumption. This includes players like�Hain Celestial (NASDAQ:HAIN),�SunOpta, and�Lifeway Foods. Grocers with a focus on natural and organic goods, which originally included�Whole Foods (now owned by Amazon),�Sprouts Farmers Market (NASDAQ:SFM), and�Natural Grocers -- what I refer to as "pure-play," which are grocers with a sole focus on organic. But the list now includes big names like�Kroger�(NYSE:KR),�Costco�(NASDAQ:COST), and�Walmart�(NYSE:WMT). Distributors specializing in natural and organic food, primarily�United Natural Foods.

    When the Great Recession hit, many of these pure-play natural and organic companies (read: not Costco, Walmart, or Kroger) were devastated. Consumers were pinching pennies and unwilling to pay the extra money for organic fruits.

  • [By Lisa Levin] Companies Reporting Before The Bell Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion. Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion. Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion. Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion. Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million. The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion. Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion. US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion. DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion. Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million. Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion. Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion. Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion. JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o
  • [By Shane Hupp]

    Cubist Systematic Strategies LLC raised its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 80.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 18,018 shares of the company’s stock after buying an additional 8,036 shares during the period. Cubist Systematic Strategies LLC’s holdings in Hain Celestial Group were worth $578,000 at the end of the most recent reporting period.

  • [By ]

    Hain Celestial Group (HAIN) : "They had a bad quarter with bad guidance. I can't reassure you here. "

    Cramer and the AAP team have been looking for a new name to play in light of higher energy prices. Their choice? Anadarko Petroleum (APC) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Hot Stocks To Buy For 2019: Herman Miller, Inc.(MLHR)

Advisors' Opinion:
  • [By Asit Sharma]

    Office and workplace furnishings giant�Herman Miller Inc.'s (NASDAQ:MLHR) fiscal fourth-quarter 2018 earnings report, released earlier this week, pleasantly surprised investors on the strength of the company's order flow and healthy fiscal 2019 outlook. Let's review three insights from management's earnings conference call on Tuesday that illuminate Herman Miller's near-term success. Each of these quotes, from CEO Brian Walker's comments, demonstrate the tactics the organization is using to expand within an improving global economy.

  • [By Jim Crumly]

    As for individual stocks,�Acuity Brands (NYSE:AYI) and Herman Miller (NASDAQ:MLHR)�both rose after beating earnings expectations.�

    Image source: Getty Images.

  • [By Asit Sharma]

    Venerable office interior furnishings giant�Herman Miller Inc. (NASDAQ:MLHR) reports on its fiscal fourth quarter of 2018 on July 3. Management's previously issued guidance aims for net sales of between $590 million and $610 million. Organic revenue growth is projected to hit 4% versus the fourth quarter of fiscal 2017 at the midpoint of this range. Management anticipates diluted earnings per share (EPS) of between $0.49 and $0.53. Outside of the ever-present question of how the company will fare against its own financial targets, what should investors focus on? Below, I've briefly provided four key themes shareholders should watch when the company releases its earnings next week:

  • [By Ethan Ryder]

    BidaskClub cut shares of Herman Miller (NASDAQ:MLHR) from a buy rating to a hold rating in a research report report published on Tuesday morning.

    Other equities analysts have also issued reports about the company. Zacks Investment Research upgraded Herman Miller from a sell rating to a hold rating in a research note on Thursday, March 29th. ValuEngine lowered Herman Miller from a buy rating to a hold rating in a research note on Friday, March 23rd.

  • [By Rich Smith]

    Shares of office furniture maker Herman Miller, Inc. (NASDAQ:MLHR) popped as much as 16% in early Tuesday trading, before retracing to about a 10.6% gain as of 1:25 p.m. EDT. Ending its fiscal year a bit early relative to the rest of Wall Street, Herman Miller reported fiscal Q4 2018 earnings last night that showed the company beating expectations with a $0.53 per share GAAP profit -- $0.66 when adjusted for one-time items.

  • [By Max Byerly]

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

    Get Herman Miller alerts: Herman Miller, Inc. (MLHR) CEO Brian C. Walker Sells 18,000 Shares (americanbankingnews.com) Herman Miller, Inc. (MLHR) Expected to Post FY2020 Earnings of $3.35 Per Share (americanbankingnews.com) Herman Miller Sees Unusually Large Options Volume (MLHR) (americanbankingnews.com) Q2 2019 EPS Estimates for Herman Miller, Inc. (MLHR) Raised by Analyst (americanbankingnews.com) Herman Miller's Management Shares Key Insights (finance.yahoo.com)

    MLHR opened at $37.80 on Tuesday. Herman Miller has a 1-year low of $29.95 and a 1-year high of $41.85. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.17 and a current ratio of 1.56. The company has a market capitalization of $2.28 billion, a PE ratio of 16.43 and a beta of 1.40.

Sunday, July 22, 2018

A morning walk down Dalal Street: Upmove in Nifty should emerge on a close above 11,080

Clearly, there was nervousness on D-Street. The S&P BSE Sensex which hit a record high on Wednesday failed to gain momentum while on the other hand, Nifty closed below 11000 mark for the second consecutive day in a row.

Overall global markets traded lower due a mixed earnings season and global trade concerns. Weakness in domestic currency and uncertainty around No-Trust vote also played its part.

The rupee on Thursday weakened past Rs 69/USD to close at another record low. The rupee ended at 69.05 a dollar, down 0.62�percent from its previous close of 68.62.

The last time the rupee hit an all-time closing low of 68.9413 was on 5 July. It touched an all-time intraday low of 69.0925 on June 28.

related news Podcast | Trump at Helsinki �� shock and awe(ful) Trade Setup for Friday: Top 15 things to know before Opening Bell Podcast | Benchmarks end flat post negative moves, Nifty below 11K; midcaps�fall

The large part of the nervousness was also on account of No-Trust vote on Friday. Although analysts are not too worried as they feel that government will be able to prove its majority without any hiccups.

The breadth of the market was heavily skewed towards declining stocks with two declining shares for one advancing stock.

It looks like the index is consolidating and getting ready for a big move on either side. On the downside, the bulls managed to defend the swing low of 10,925 thus strengthening the support area of 10925-10890.

Technical outlook continues to be positive with 11078-11100 as a key target area.

On the institutional side, foreign institutional investors sold Rs 315 crore worth of India shares while DIIs bought Rs 470 crore, according to provisional data.

The Big News:

The big news will come from the earnings front. As many as 27 companies will report their numbers for June quarter which include names like Bajaj Auto, Wipro, CEAT, Bata India, Havells India, Just Dial, and MCX.

Bajaj Auto: PAT likely to grow by 32�percent YoY to Rs 1257 crore

Wipro: PAT likely to fall by 1.7 percent YoY to Rs 2040 crore

CEAT: PAT likely to stand at Rs 84.3 crore

Havells India: PAT likely to grow by 73 percent YoY to Rs 210 crore

MCX: PAT likely to grow by 42 percent to Rs 211 crore

Technical Outlook:

Nifty formed a bearish candle on the daily charts

The current range bound trade indicated that the market eagerly awaits more corporate earnings data to get direction on either side by breaking the range of 10,925-11,080 levels, experts said.

A breach below 10,900 may drag the index down by around 150 points, contrary to this, upmove shall emerge on a close above 11,080.

Traders for time being are advised to remain neutral and initiate positions in the direction of the breakout once it occurs.

Three levels: 10900, 11080, 11171

Max Call OI: 11000, 11100

Max Put OI: 10800, 11000

Stocks with high delivery percentage: Eicher Motors, Dabur, Tata Chemicals

35 stocks saw long buildup: OBC, Reliance Power, Torrent Power, Just Dial

68 stocks saw a short build-up: Hindalco, HCC, Chola Fin, NHPC

Stocks in news:

IOC, BPCL, Adani top bidders for city gas licences

Bharat Gas Resources Ltd, a unit of Bharat Petroleum Corp Ltd (BPCL), bid for as many as 53 cities while state-owned gas utility GAIL India Ltd's retailing arm, GAIL Gas Ltd, put in offers for 34 cities.

Bajaj Finserv posted a 41.2 percent year-on-year (YoY) increase in its first-quarter consolidated net profit at Rs 825.77 crore. The profit was Rs 584.53 crore in the same period a year ago.

Novartis AG agreed to buy the rights to a skin-disease drug from developers Galapagos NV and MorphoSys AG in a deal that could reach $1 billion as Chief Executive Officer Vas Narasimhan centers the Swiss drugmaker on developing innovative prescription medicines, Livemint said.

Technical Recommendations:

We spoke to Epic Research and here��s what they have to recommend:

ITC: Buy | Target: Rs 280 | Stop loss: Rs 267

Titan Company: Buy | Target: Rs 900 | Stop loss: Rs 840

Apollo Tyres: Sell | Target: Rs 265 | Stop loss: Rs 290

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Jul 20, 2018 06:53 am

Friday, July 20, 2018

Petronet LNG Q1 PAT seen up 22.8% YoY to Rs. 358 cr: HDFC


HDFC has come out with its first quarter (April-June�� 18) earnings estimates for the Materials sector. The brokerage house expects Petronet LNG to report net profit at Rs. 358 crore up 22.8% year-on-year (up 2.8% quarter-on-quarter).


Net Sales are expected to increase by 50.3 percent Y-o-Y (up 12 percent Q-o-Q) to Rs. 9,673 crore, according to HDFC.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.7 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 853 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Jul 19, 2018 06:10 pm

Friday, July 13, 2018

Somewhat Positive News Coverage Somewhat Unlikely to Impact PVR Partners (PVR) Stock Price

Press coverage about PVR Partners (NYSE:PVR) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PVR Partners earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the company an impact score of 42.431895044033 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

About PVR Partners

PVR Partners, L.P. (PVR) is engaged in the gathering and processing of natural gas and the management of coal and natural resource properties in the United States. The Company operates in three business segments: Eastern Midstream, Midcontinent Midstream and Coal and Natural Resource Management. In March 2014, Regency Energy Partners LP announced that it has acquired acquires all of PVR Partners, L.P’s outstanding units.

Thursday, July 12, 2018

Sportsman’s Warehouse (SPWH) Receives Daily Media Sentiment Score of 0.07

Media stories about Sportsman’s Warehouse (NASDAQ:SPWH) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sportsman’s Warehouse earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.8609414485648 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of NASDAQ:SPWH traded down $0.12 during midday trading on Wednesday, reaching $5.10. The company’s stock had a trading volume of 260,600 shares, compared to its average volume of 497,209. The company has a market cap of $221.45 million, a P/E ratio of 10.20, a P/E/G ratio of 0.87 and a beta of -0.66. The company has a quick ratio of 0.06, a current ratio of 1.63 and a debt-to-equity ratio of 2.78. Sportsman’s Warehouse has a 1 year low of $3.40 and a 1 year high of $6.99.

Get Sportsman's Warehouse alerts:

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, May 24th. The company reported ($0.08) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.02. The business had revenue of $180.10 million during the quarter, compared to the consensus estimate of $175.80 million. Sportsman’s Warehouse had a return on equity of 48.91% and a net margin of 1.97%. The company’s quarterly revenue was up 14.8% on a year-over-year basis. sell-side analysts expect that Sportsman’s Warehouse will post 0.6 earnings per share for the current fiscal year.

SPWH has been the subject of several recent research reports. Zacks Investment Research downgraded Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. ValuEngine downgraded Sportsman’s Warehouse from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 5th. Robert W. Baird reissued a “neutral” rating and set a $5.00 price target on shares of Sportsman’s Warehouse in a research report on Thursday, March 15th. Finally, DA Davidson reissued a “buy” rating on shares of Sportsman’s Warehouse in a research report on Wednesday, May 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.50.

In other news, Director Seidler Kutsenda Management Co sold 25,000 shares of Sportsman’s Warehouse stock in a transaction on Friday, June 8th. The stock was sold at an average price of $5.27, for a total value of $131,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 2,015,000 shares of company stock valued at $10,665,450. Company insiders own 2.20% of the company’s stock.

About Sportsman’s Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

Insider Buying and Selling by Quarter for Sportsman`s Warehouse (NASDAQ:SPWH)

Wednesday, July 11, 2018

Hot Oil Stocks To Buy For 2019

tags:WSO.B,IPCC,MTH,

Shares of Starbucks (NASDAQ:SBUX)�fell below the $50 mark on Wednesday afternoon, heading even lower on Thursday morning after announcing that its CFO was leaving the company. If you can't recall the last time Starbucks traded this low, you're not alone. You have to go back three summers -- to August 2015 -- to find the last time the stock traded lower.

There are plenty of reasons for Starbucks falling out of favor with investors, but it all boils down to slowing growth prompting concerns about the concept's near-term popularity. The barista baron has disappointed the market with back-to-back quarters of 2% growth in global comps, but last week it warned that comparable-store sales will rise a mere 1% in its fiscal third quarter. The chain is underperforming its long-term goal of 3% to 5% growth in comps as well as the 3% forecast for the current quarter that it was targeting two months ago. Starbucks blames sluggish sales of its signature Frappuccino beverages on health and wellness trends. Analysts blame cutthroat competition. With Starbucks stock now at its lowest level in nearly three years, the real question for investors is if the chain is in a long-term slump or if this is a great buying opportunity.

Hot Oil Stocks To Buy For 2019: Watsco, Inc.(WSO.B)

Advisors' Opinion:
  • [By Shane Hupp]

    Watsco Inc Class B (NYSE:WSO.B) declared a quarterly dividend on Monday, July 2nd, NASDAQ reports. Stockholders of record on Tuesday, July 17th will be given a dividend of 1.45 per share by the construction company on Tuesday, July 31st. This represents a $5.80 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Monday, July 16th.

Hot Oil Stocks To Buy For 2019: Infinity Property and Casualty Corporation(IPCC)

Advisors' Opinion:
  • [By Shane Hupp]

    Berkshire Hathaway Inc. Class B (NYSE: BRK.B) and Infinity Property and Casualty (NASDAQ:IPCC) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, earnings, dividends and risk.

  • [By Joseph Griffin]

    ValuEngine lowered shares of Infinity Property and Casualty (NASDAQ:IPCC) from a strong-buy rating to a buy rating in a research report released on Saturday morning.

Hot Oil Stocks To Buy For 2019: Meritage Corporation(MTH)

Advisors' Opinion:
  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Meritage Homes (MTH)

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

  • [By JJ Kinahan]

    Next week is big for housing numbers. March existing home sales figures are scheduled for  Monday and new home sales for March along with the February S&P Case-Shiller Home Price Index on Tuesday. As for homebuilders, Pulte Group, Inc. (NYSE: PHM) is scheduled to report  Q1 results Tuesday, and D.R. Horton Inc (NYSE: DHI) is scheduled to report fiscal Q2 numbers on Thursday. The industry already has seen strong Q1 results from Lennar Corporation (NYSE: LEN), and housing starts and building permits in March rose more than expected. These results, as well as those and the economic data from next week could provide clues for the industry going forward. After NVR, Inc. (NYSE: NVR) reports results this morning, Meritage Homes Corp. (NYSE: MTH) releases its Q1 results April 25. We’ll have to wait until next month for some of the other homebuilders, as well as from home improvement companies Home Depot, Inc. (NYSE: HD) and Lowe’s Companies Inc (NYSE: LOW), before we get a more complete snapshot of the housing market.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Meritage Homes (MTH)

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

  • [By Jason Hall]

    When�Meritage Homes Corp.�(NYSE:MTH) Chairman and CEO Steve Hilton said the company was going to change its strategy and focus on lower-cost starter homes a few years ago, many industry followers probably thought it was a mistake. At the time -- and to some extent this has continued -- the most successful homebuilders were focusing upmarket on more high-end communities.�

Saturday, July 7, 2018

Corcept Therapeutics Incorporated (CORT) Holdings Trimmed by Sei Investments Co.

Sei Investments Co. lessened its stake in shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) by 27.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,279 shares of the biotechnology company’s stock after selling 5,271 shares during the quarter. Sei Investments Co.’s holdings in Corcept Therapeutics were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Rhumbline Advisers grew its holdings in Corcept Therapeutics by 2.0% during the 1st quarter. Rhumbline Advisers now owns 171,457 shares of the biotechnology company’s stock valued at $2,820,000 after buying an additional 3,400 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Corcept Therapeutics by 0.8% during the 1st quarter. Wells Fargo & Company MN now owns 524,900 shares of the biotechnology company’s stock valued at $8,635,000 after buying an additional 4,023 shares in the last quarter. Swiss National Bank grew its holdings in Corcept Therapeutics by 3.2% during the 4th quarter. Swiss National Bank now owns 143,200 shares of the biotechnology company’s stock valued at $2,586,000 after buying an additional 4,500 shares in the last quarter. Schroder Investment Management Group grew its holdings in Corcept Therapeutics by 20.6% during the 4th quarter. Schroder Investment Management Group now owns 27,488 shares of the biotechnology company’s stock valued at $496,000 after buying an additional 4,688 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in Corcept Therapeutics by 4.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 122,753 shares of the biotechnology company’s stock valued at $2,018,000 after buying an additional 4,699 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds.

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A number of research analysts have weighed in on the company. Stifel Nicolaus lowered Corcept Therapeutics from a “buy” rating to a “hold” rating and set a $20.00 target price for the company. in a report on Thursday, May 31st. BidaskClub raised Corcept Therapeutics from a “hold” rating to a “buy” rating in a report on Saturday, May 19th. ValuEngine raised Corcept Therapeutics from a “hold” rating to a “buy” rating in a report on Monday, May 14th. Zacks Investment Research raised Corcept Therapeutics from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a report on Friday, April 27th. Finally, Seaport Global Securities assumed coverage on Corcept Therapeutics in a report on Friday, April 13th. They set a “buy” rating and a $32.00 target price for the company. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Corcept Therapeutics presently has a consensus rating of “Buy” and an average price target of $25.17.

In related news, insider Robert S. Fishman sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The stock was sold at an average price of $17.68, for a total value of $141,440.00. Following the completion of the sale, the insider now owns 8,000 shares in the company, valued at approximately $141,440. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director G Leonard Baker, Jr. sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, May 11th. The stock was sold at an average price of $16.01, for a total value of $480,300.00. The disclosure for this sale can be found here. Insiders have sold 46,000 shares of company stock valued at $767,580 in the last three months. 15.00% of the stock is owned by insiders.

Shares of NASDAQ CORT opened at $15.21 on Friday. Corcept Therapeutics Incorporated has a 12 month low of $11.83 and a 12 month high of $25.96. The stock has a market cap of $1.69 billion, a PE ratio of 28.27 and a beta of 1.93.

Corcept Therapeutics (NASDAQ:CORT) last issued its quarterly earnings data on Tuesday, May 8th. The biotechnology company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.01. Corcept Therapeutics had a return on equity of 46.78% and a net margin of 75.05%. The company had revenue of $57.66 million during the quarter, compared to analyst estimates of $58.18 million. During the same quarter in the previous year, the firm earned $0.06 earnings per share. Corcept Therapeutics’s revenue was up 108.9% on a year-over-year basis. research analysts forecast that Corcept Therapeutics Incorporated will post 0.73 EPS for the current fiscal year.

Corcept Therapeutics Profile

Corcept Therapeutics Incorporated, a pharmaceutical company, discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and psychiatric disorders in the United States. The company offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery, as well as develops CLIA-validated assay to measure FKBP5 gene expression.

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Institutional Ownership by Quarter for Corcept Therapeutics (NASDAQ:CORT)

Friday, July 6, 2018

Investors are nervous about a potential recession and are preparing for it

Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability.

��It��s a classical late cycle story. So, when I was here last time, I said we were long and nervous. We are no longer long, we are increasingly nervous about this,�� Roelof Salomons, chief strategist at Kempen Capital Management, told CNBC��s ��Squawk Box Europe�� on Thursday.

A late cycle represents an economy that has been growing, but is poised to fall into a recession, amid tighter credit availability, lower profit margins and tighter monetary policy.

show chapters We��re in a ��classical late cycle story,�� strategist says We’re in a ‘classical late cycle story,’ strategist says    5 Hours Ago | 02:50

According to Salomons, the evidence for a late cycle is all there: the yield curve is flattening, which usually predicts an upcoming recession; the credit spreads are widening, suggesting that investors are afraid of taking risks; and defensive stocks are outperforming, which are a safer option to survive changes in the economic cycle.

��Everybody is talking about when this cycle will rollover, but that��s a late 2019, early 2020 story. But the pest is biting and the money matters,�� Salomons said.

��It is too early for the economy to rollover but for markets it is time to get back home,�� he added, suggesting that as investors are taking fewer risks, thereby they prefer U.S. stocks to emerging market equities, credit with investment grade, and so on.

Laurent Godin, senior equity analyst at Indosuez Wealth Management, voiced similar concerns in a note Wednesday.

��The market is concerned about the duration of the global economy expansion cycle and the bull market has now limited runway,�� he wrote.

An end to a bull market would suggest that equities might fall in price and boost selling. According to Godin, the best sectors to hold in such scenario are technology, financials, and energy.

��They are also the sectors that currently benefit from the most net analyst upgrades for the coming quarters. However, equity markets will face a more volatile environment in the coming months with limited upside, in our opinion,�� Godin added.

Thursday, July 5, 2018

Why Acxiom Corporation Stock Popped (Again) Today

What happened

Shares of Acxiom Corporation (NASDAQ:ACXM) were up 15.3% as of 2 p.m. EDT Tuesday after the database marketing company confirmed it will sell its Acxiom Marketing Solutions (AMS) business to Interpublic Group of Companies (NYSE:IPG) for $2.3 billion in cash.�

So what

The formal agreement extends�Acxiom's�14.2% pop�on Monday, which was spurred by a Reuters report early in the day that Interpublic was�close�to a deal to buy the division for around $2.2 billion.

Man in suit pointing to line and bar chart indicating gains

Image source: Getty Images.

For perspective, just last week Acxiom's entire market capitalization stood at around $2.3 billion. And one separate report�(link may require subscription) from The Wall Street Journal�previously suggested that AMS -- which contributes around three-fourths to Acxiom's total sales -- would command a price between $1.5 billion and $1.8 billion.�

"The successful completion of this transaction represents yet another milestone in the Company's transformation," stated Axciom CFO Warren Jenson. "This deal returns significant capital to shareholders, and at the same time, allows us to invest in LiveRamp's industry-leading capabilities, technology and market opportunities."

Now what

Acxiom expects the sale to close by the end of 2018, at which time the Acxiom brand name and associated trade marks will be transferred to IPG. Acxiom will also rename itself to "LiveRamp" -- a reflection of its focus on the remaining data onboarding business unit -- and will trade under the new ticker symbol "RAMP."

The company will also repay its entire $230 million debt balance, initiate a $500 million cash tender offer for its common stock, and increase its current share-repurchase authorization by up to $500 million.

In the end, between the significantly higher-than-expected sale price of AMS, boosted capital return initiatives, and the company's new focus on its faster-growing subsidiary, it's hardly surprising to see Acxiom stock soaring again today.