Sunday, July 22, 2018

Money Matters Financial Group Inc Buys SPDR S&P 600 Small Cap ETF (based on S&P SmallCap , Vanguard

Investment company Money Matters Financial Group Inc buys SPDR S&P 600 Small Cap ETF (based on S&P SmallCap , Vanguard S&P 500, Vanguard Total International Bond ETF, iShares Edge MSCI USA Momentum Factor, General Electric Co, sells iShares J.P. Morgan USD Emerging Markets Bond ETF, PIMCO Enhanced Short Maturity Active Exchange-Trad, iShares iBoxx $ Investment Grade Corporate Bond during the 3-months ended 2018-06-30, according to the most recent filings of the investment company, Money Matters Financial Group Inc. As of 2018-06-30, Money Matters Financial Group Inc owns 31 stocks with a total value of $171 million. These are the details of the buys and sells.

New Purchases: VOO, BNDX, GE, Added Positions: SLY, MTUM, JNK, AGG, Reduced Positions: EMB, XLF, XLK, XLI, XLE, XLY, XLU, MINT, XLV, VNQ,

For the details of Money Matters Financial Group Inc's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Money+Matters+Financial+Group+Inc

These are the top 5 holdings of Money Matters Financial Group IncSPDR Select Sector Fund - Technology (XLK) - 443,772 shares, 17.99% of the total portfolio. Shares reduced by 2.39%SPDR Select Sector Fund - Financial (XLF) - 712,080 shares, 11.05% of the total portfolio. Shares reduced by 3.77%SPDR Select Sector Fund - Consumer Discretionary (XLY) - 170,777 shares, 10.89% of the total portfolio. Shares reduced by 1.77%SPDR Select Sector Fund - Health Care (XLV) - 190,157 shares, 9.26% of the total portfolio. Shares reduced by 1.64%SPDR S&P 600 Small Cap ETF (based on S&P SmallCap (SLY) - 127,372 shares, 5.37% of the total portfolio. Shares added by 187.52%New Purchase: Vanguard S&P 500 (VOO)

Money Matters Financial Group Inc initiated holding in Vanguard S&P 500. The purchase prices were between $236.48 and $256.33, with an estimated average price of $248.26. The stock is now traded at around $257.21. The impact to a portfolio due to this purchase was 1.45%. The holding were 9,931 shares as of 2018-06-30.

New Purchase: Vanguard Total International Bond ETF (BNDX)

Money Matters Financial Group Inc initiated holding in Vanguard Total International Bond ETF. The purchase prices were between $54.1 and $54.76, with an estimated average price of $54.51. The stock is now traded at around $54.99. The impact to a portfolio due to this purchase was 1.26%. The holding were 39,369 shares as of 2018-06-30.

New Purchase: General Electric Co (GE)

Money Matters Financial Group Inc initiated holding in General Electric Co. The purchase prices were between $12.75 and $15.29, with an estimated average price of $13.92. The stock is now traded at around $13.73. The impact to a portfolio due to this purchase was 0.1%. The holding were 13,061 shares as of 2018-06-30.

Added: SPDR S&P 600 Small Cap ETF (based on S&P SmallCap (SLY)

Money Matters Financial Group Inc added to a holding in SPDR S&P 600 Small Cap ETF (based on S&P SmallCap by 187.52%. The purchase prices were between $72.3 and $148.55, with an estimated average price of $126.38. The stock is now traded at around $75.33. The impact to a portfolio due to this purchase was 3.5%. The holding were 127,372 shares as of 2018-06-30.

Added: iShares Edge MSCI USA Momentum Factor (MTUM)

Money Matters Financial Group Inc added to a holding in iShares Edge MSCI USA Momentum Factor by 35.02%. The purchase prices were between $102.58 and $114.35, with an estimated average price of $109.49. The stock is now traded at around $113.55. The impact to a portfolio due to this purchase was 0.28%. The holding were 16,730 shares as of 2018-06-30.



Here is the complete portfolio of Money Matters Financial Group Inc. Also check out:

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3. Money Matters Financial Group Inc's High Yield stocks
4. Stocks that Money Matters Financial Group Inc keeps buying

Saturday, July 21, 2018

Akzo Nobel (AKZOY) Announces Earnings Results

Akzo Nobel (OTCMKTS:AKZOY) issued its quarterly earnings results on Wednesday. The basic materials company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.14), Morningstar.com reports. The company had revenue of $2.92 billion during the quarter. Akzo Nobel had a return on equity of 11.30% and a net margin of 7.79%.

Shares of OTCMKTS AKZOY traded up $0.51 during mid-day trading on Friday, reaching $30.48. The company’s stock had a trading volume of 18,453 shares, compared to its average volume of 106,212. The firm has a market cap of $22.94 billion, a price-to-earnings ratio of 18.47, a price-to-earnings-growth ratio of 2.01 and a beta of 1.05. The company has a quick ratio of 1.26, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. Akzo Nobel has a 52 week low of $28.13 and a 52 week high of $33.39.

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AKZOY has been the subject of a number of analyst reports. Goldman Sachs Group initiated coverage on Akzo Nobel in a research report on Monday, June 4th. They issued a “conviction-buy” rating for the company. Deutsche Bank restated a “buy” rating on shares of Akzo Nobel in a research report on Thursday, March 29th. Zacks Investment Research cut Akzo Nobel from a “hold” rating to a “sell” rating in a research report on Thursday, April 26th. Finally, ValuEngine cut Akzo Nobel from a “buy” rating to a “hold” rating in a research report on Friday, June 1st. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.00.

About Akzo Nobel

Akzo Nobel N.V. operates as a paints and coatings company in the Netherlands and internationally. The company operates through Decorative Paints and Performance Coatings segments. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; and specialty coatings for metal, wood, and other building materials.

Featured Story: Understanding Price to Earnings Ratio (PE)

Earnings History for Akzo Nobel (OTCMKTS:AKZOY)

Friday, July 20, 2018

Hot Tech Stocks To Buy For 2019

tags:LPTH,SMTC,ELLI,CCRN,AAPL,WIT,

Edelweiss has come out with its first quarter (April-June�� 18) earnings estimates for the Technology sector. The brokerage house expects L&T Infotech to report net profit at Rs. 334.9 crore up 15.8% quarter-on-quarter (up 25.3% year-on-year).


Net Sales are expected to increase by 6.5 percent Q-o-Q (up 27.6 percent Y-o-Y) to Rs. 2,131.7 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.1 percent Q-o-Q (up 40.9 percent Y-o-Y) to Rs. 394.4 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.

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Hot Tech Stocks To Buy For 2019: LightPath Technologies, Inc.(LPTH)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares rose 14.1 percent to $3.65 in the pre-market trading session after reporting 2017 year-end results. LightPath Technologies, Inc. (NASDAQ: LPTH) rose 13.3 percent to $2.43 in pre-market trading after reporting a third-quarter earnings beat. MYnd Analytics, Inc. (NASDAQ: MYND) rose 10.5 percent to $3.49 in pre-market trading. MYnd Analytics reported a Q2 net loss of $2.7 million on revenue of $459,900. SORL Auto Parts, Inc. (NASDAQ: SORL) shares rose 8.4 percent to $5.68 in pre-market trading after reporting upbeat Q1 results. Famous Dave's of America, Inc. (NASDAQ: DAVE) shares rose 7.7 percent to $8.40 in pre-market trading after the company reported upbeat earnings for its first quarter on Monday. Xenon Pharmaceuticals Inc. (NASDAQ: XENE) rose 7.5 percent to $6.45 in pre-market trading after the company presented XEN901 Phase 1 clinical update and XEN1101 TMS pharmacodynamic Phase 1 data. Mimecast Ltd (NASDAQ: MIME) rose 6.5 percent to $43.50 in pre-market trading following a first-quarter sales beat. Boxlight Corporation (NASDAQ: BOXL) rose 6 percent to $12.50 in pre-market trading after surging 77.44 percent on Monday. Intellia Therapeutics, Inc. (NASDAQ: NTLA) shares rose 6 percent to $26.05 in pre-market trading after climbing 3.58 percent on Monday. PPDAI Group Inc. (NASDAQ: PPDF) rose 4.7 percent to $7.20 in pre-market trading following Q1 results. Xunlei Limited (NASDAQ: XNET) rose 4.1 percent to $13.88 in pre-market trading after gaining 2.54 percent on Monday. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares rose 4.5 percent to $21.73 in pre-market trading. Mizuho upgraded Valeant from Neutral to Buy. Bovie Medical Corporation (NYSE: BVX) rose 4.1 percent to $3.80 in pre-market trading after reporting a first-quarter sales beat. Myomo, Inc. (NYSE: MYO) rose 3.4 percent to $4.00 in pre-market trading after jumping 23.25 percent o
  • [By Joseph Griffin]

    Headlines about LightPath Technologies (NASDAQ:LPTH) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LightPath Technologies earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.9867601112654 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Hot Tech Stocks To Buy For 2019: Semtech Corporation(SMTC)

Advisors' Opinion:
  • [By Max Byerly]

    Semtech Co. (NASDAQ:SMTC) shares hit a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $51.40 and last traded at $50.15, with a volume of 11595 shares changing hands. The stock had previously closed at $51.10.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Semtech (SMTC)

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

  • [By Benzinga News Desk]

    The wealthy are hoarding $10 billion of bitcoin in bunkers: Link $

    ECONOMIC DATA US May MBA mortgage applications -0.4% vs, -2.5% prior USA Core PPI (MoM) for Apr 0.20% vs 0.20% Est; Prior 0.30%. USA PPI (MoM) for Apr 0.10% vs 0.20% Est; Prior 0.30% Data on wholesale trade inventories for March will be released at 10:00 a.m. ET. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is schedule for release at 10:30 a.m. ET. The Treasury is set to auction 10-year notes at 1:00 p.m. ET. Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 1:15 p.m. ET. ANALYST RATINGS Cantor upgraded Arrowhead Pharmaceuticals (NASDAQ: ARWR) from Neutral to Overweight RBC upgraded Semtech (NASDAQ: SMTC) from Sector Perform to Outperform Morgan Stanley downgraded Adient (NYSE: ADNT) from Overweight to Equal-Weight Jefferies downgraded Beacon Roofing (NASDAQ: BECN) from Buy to Hold

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Logan Wallace]

    Semtech Co. (NASDAQ:SMTC) VP Marc Pegulu sold 500 shares of the firm’s stock in a transaction on Friday, July 6th. The shares were sold at an average price of $48.85, for a total value of $24,425.00. Following the completion of the sale, the vice president now owns 15,453 shares in the company, valued at $754,879.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

  • [By Shane Hupp]

    Semtech Co. (NASDAQ:SMTC) – Investment analysts at Oppenheimer issued their Q3 2020 earnings estimates for shares of Semtech in a research note issued to investors on Thursday, May 31st. Oppenheimer analyst R. Schafer anticipates that the semiconductor company will post earnings per share of $0.45 for the quarter. Oppenheimer currently has a “Outperform” rating and a $50.00 price target on the stock. Oppenheimer also issued estimates for Semtech’s Q4 2020 earnings at $0.44 EPS.

Hot Tech Stocks To Buy For 2019: Ellie Mae, Inc.(ELLI)

Advisors' Opinion:
  • [By Dan Caplinger]

    Investors are scared about the state of the mortgage market, and that's created consternation about mortgage software platform provider Ellie Mae (NYSE:ELLI) and its ability to keep producing the huge growth that it has seen in recent years. Concerns about rising interest rates have been around for a year now, but only recently have rate increases from the Federal Reserve on the short-term end of the yield curve actually started to have a substantial upward impact on longer-term fixed mortgage rates.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Ellie Mae (ELLI)

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

  • [By Matthew Cochrane]

    Another big deal announced by First Data during the conference call was the exclusive right to process payments for the mortgage software platform powered by Ellie Mae (NYSE:ELLI). All future appraisal and application fees collected by Ellie Mae will be facilitated by First Data. Ellie Mae's software processes more than a third of all mortgage loan applications in the U.S.

Hot Tech Stocks To Buy For 2019: Cross Country Healthcare, Inc.(CCRN)

Advisors' Opinion:
  • [By ]

    Activist investor Glenn Welling of Engaged Capital LLC, the insurgent investor agitating for changes at TiVo, Rent-a-Center, on Tuesday, May 15, revealed new positions in Aratana Therapeutics Inc. (PETX) , Cross Country Healthcare Inc. (CCRN)  and Finisar Corp. (FNSR)

  • [By Ethan Ryder]

    Cross Country Healthcare (NASDAQ: CCRN) and StarTek (NYSE:SRT) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.

  • [By Stephan Byrd]

    American International Group Inc. trimmed its stake in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 20.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,638 shares of the business services provider’s stock after selling 5,648 shares during the period. American International Group Inc. owned about 0.06% of Cross Country Healthcare worth $252,000 as of its most recent SEC filing.

  • [By Lisa Levin]

     

    Losers Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering. InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday. Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81. Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections. Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results. LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss. Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit. Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings. Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss. Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight. Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings. The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results. Arcadia Biosciences, Inc. (N
  • [By Ethan Ryder]

    Cross Country Healthcare (NASDAQ:CCRN) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

  • [By Joseph Griffin]

    Cross Country Healthcare, Inc. (NASDAQ:CCRN) has received an average recommendation of “Buy” from the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $14.00.

Hot Tech Stocks To Buy For 2019: Apple Inc.(AAPL)

Advisors' Opinion:
  • [By Leo Sun]

    Apple (NASDAQ:AAPL) is developing a mixed reality headset that will blend AR and VR features, according to�a recent CNET report. That wouldn't be surprising, since Apple recently acquired several AR and VR firms and launched its ARKit development kit with iOS 11. Leaked patents also revealed the development of an iPhone-powered headset.

  • [By Danny Vena]

    The early success of the device quickly spawned competition, with Alphabet�(NASDAQ:GOOGL) (NASDAQ:GOOG) releasing the Google Home in late 2016, and Apple (NASDAQ:AAPL) debuting its HomePod earlier this year.

  • [By ]

    Who would have thought just 10 years ago most of us would have tiny computers in our pocket or purse at nearly every waking moment -- devices capable of accessing virtually all of the world's knowledge? Needless to say, early investors in Apple (Nasdaq: AAPL) came out alright on that game-changer.

  • [By Paul Ausick]

    There were two big winners in 2017 and three more stocks that posted very solid gains above 40%:

    Boeing Co. (NYSE: BA), up 89% Caterpillar Inc. (NYSE: CAT), up 68.9% Visa Inc. (NYSE: V), up 46.1% Apple Inc. (NASDAQ: AAPL), up 46.1% Wal-Mart Stores Inc. (NYSE: WMT), up 42.9%.

    A stronger global economy contributed to the fortunes of at least two of these firms. while lower U.S. unemployment and improving wages helped the more consumer oriented companies post their gains.

  • [By Jeremy Bowman]

    The most valuable company in the world got even more valuable last month. Shares of�Apple Inc.�(NASDAQ:AAPL) jumped after the iPhone maker turned in a strong second-quarter earnings report and got another vote of confidence from Warren Buffett and�Berkshire Hathaway�(NYSE:BRK-A) (NYSE:BRK-B).�

Hot Tech Stocks To Buy For 2019: Wipro Limited(WIT)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell United Technologies Corporation (NYSE: UTX) is estimated to report quarterly earnings at $1.51 per share on revenue of $14.62 billion. The Coca-Cola Company (NYSE: KO) is expected to report quarterly earnings at $0.46 per share on revenue of $7.31 billion. Caterpillar Inc. (NYSE: CAT) is projected to report quarterly earnings at $2.07 per share on revenue of $11.93 billion. Verizon Communications Inc. (NYSE: VZ) is expected to report quarterly earnings at $1.11 per share on revenue of $31.22 billion. Lockheed Martin Corporation (NYSE: LMT) is estimated to report quarterly earnings at $3.42 per share on revenue of $11.28 billion. The Sherwin-Williams Company (NYSE: SHW) is projected to report quarterly earnings at $3.15 per share on revenue of $3.94 billion. Biogen Inc. (NASDAQ: BIIB) is expected to report quarterly earnings at $5.92 per share on revenue of $3.15 billion. 3M Company (NYSE: MMM) is estimated to report quarterly earnings at $2.52 per share on revenue of $8.26 billion. JetBlue Airways Corporation (NASDAQ: JBLU) is projected to report quarterly earnings at $0.2 per share on revenue of $1.75 billion. Eli Lilly and Company (NYSE: LLY) is expected to report quarterly earnings at $1.13 per share on revenue of $5.49 billion. Harley-Davidson, Inc. (NYSE: HOG) is estimated to report quarterly earnings at $0.88 per share on revenue of $1.25 billion. Corning Incorporated (NYSE: GLW) is expected to report quarterly earnings at $0.3 per share on revenue of $2.50 billion. Centene Corporation (NYSE: CNC) is projected to report quarterly earnings at $1.88 per share on revenue of $13.28 billion. The Travelers Companies, Inc. (NYSE: TRV) is estimated to report quarterly earnings at $2.77 per share on revenue of $6.75 billion. Wipro Limited (NYSE: WIT) is expected to report quarterly earnings at $0.07 per share on revenue of $2.16 billion. PACCAR Inc (NASDAQ: PCAR) is projected to
  • [By Joseph Griffin]

    Wipro Limited (NYSE:WIT) – Equities research analysts at Jefferies Financial Group issued their FY2019 earnings per share estimates for Wipro in a research report issued to clients and investors on Tuesday, June 19th. Jefferies Financial Group analyst A. Sen expects that the information technology services provider will post earnings of $0.29 per share for the year. Jefferies Financial Group currently has a “Underperform” rating on the stock. Jefferies Financial Group also issued estimates for Wipro’s FY2020 earnings at $0.30 EPS.

  • [By Lisa Levin] Companies Reporting Before The Bell Thermo Fisher Scientific Inc. (NYSE: TMO) is projected to report quarterly earnings at $2.4 per share on revenue of $5.63 billion. Ford Motor Company (NYSE: F) is expected to report quarterly earnings at $0.41 per share on revenue of $37.16 billion. Twitter, Inc. (NYSE: TWTR) is projected to report quarterly earnings at $0.11 per share on revenue of $605.26 million. Comcast Corporation (NASDAQ: CMCSA) is expected to report quarterly earnings at $0.59 per share on revenue of $22.75 billion. General Dynamics Corporation (NYSE: GD) is estimated to report quarterly earnings at $2.52 per share on revenue of $7.6 billion. The Boeing Company (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion. Anthem, Inc. (NYSE: ANTM) is estimated to report quarterly earnings at $4.91 per share on revenue of $22.52 billion. Viacom, Inc. (NASDAQ: VIAB) is projected to report quarterly earnings at $0.79 per share on revenue of $3.04 billion. Northrop Grumman Corporation (NYSE: NOC) is estimated to report quarterly earnings at $3.61 per share on revenue of $6.61 billion. Rockwell Automation Inc. (NYSE: ROK) is expected to report quarterly earnings at $1.81 per share on revenue of $1.66 billion. Wipro Limited (NYSE: WIT) is projected to report quarterly earnings at $0.07 per share on revenue of $2.15 billion. The Goodyear Tire & Rubber Company (NASDAQ: GT) is expected to report quarterly earnings at $0.46 per share on revenue of $3.82 billion. Owens Corning (NYSE: OC) is projected to report quarterly earnings at $0.97 per share on revenue of $1.62 billion. T. Rowe Price Group, Inc. (NASDAQ: TROW) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.29 billion. Dr Pepper Snapple Group, Inc. (NYSE: DPS) is expected to report quarterly earnings at $1.04 per share on revenue of $1.57 billion. Sirius XM Holdings Inc. (NASDAQ: SI

Thursday, July 19, 2018

Expanded Stock Buyback Parameters for Warren Buffett Could Bring Conflict

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is not your traditional company. Not by a long shot. The conglomerate run by Warren Buffett and team has two classes of stock and many investors consider it as so diversified that its returns should now simply mirror the stock market or other simple index-performance metrics. That said, this is Buffett’s company and he wants to grow the book value per share for shareholders faster than the overall market.

One issue that can influence any per share calculations (book value, earnings, and so on) is stock buybacks. It turns out that Berkshire Hathaway does have an allowance and formula for repurchasing shares of its own common stock. Up until now, Buffett and his team could repurchase Berkshire Hathaway shares at a price that would not exceed a 20% premium over the current book value of those shares at the time the buybacks occur.

That was then. Now Berkshire Hathaway is creating a new rule for when Warren Buffett and other members inside of the company can repurchase shares of their common stock. Buffett and Charlie Munger have just handed themselves an open checkbook that can be used for buying back stock any time and arguably for any price or reason. A press release on Tuesday evening said:

The Board of Directors of Berkshire Hathaway Inc. has today authorized an amendment to Berkshire��s share repurchase program.� The earlier share repurchase program provided that the price paid for repurchases would not exceed a 20% premium over the then-current book value of such shares.� Under the amendment adopted by the Board of Directors, share repurchases can be made at any time that both Warren Buffett, Berkshire��s Chairman and CEO, and Charlie Munger, a Berkshire Vice Chairman, believe that the repurchase price is below Berkshire��s intrinsic value, conservatively determined.

Let’s think about what this might mean when you break it down. The amendment includes “at any time” and “believe the repurchase price is below Berkshire’s intrinsic value” and “conservatively determined.” The long and short of the matter is that Buffett and Munger only have to publicly say they thought their stock was cheap at any given time.

The good news here for Berkshire Hathaway shareholders is that there are still at least some restrictions placed upon the company that would keep the Buffett-Munger team from going overboard on share repurchases. The company cannot drop under that $20 billion in perceived liquidity by buying back too much stock. The release said:

The current policy whereby share repurchases will not be made if they would reduce the value of Berkshire��s consolidated cash, cash equivalents and U.S. Treasury Bills holdings below $20 billion will continue.� Berkshire will not initiate any share repurchases under the amended program until it publicly releases its second quarter earnings, currently scheduled after the close of the markets on�Friday, August 3, 2018.

Berkshire Hathaway ended 2017 with more than $100 billion between its cash and short-term investments, and it had over $200 billion in long-term investments. Its total assets at year-end tallied up to $702 billion, just over twice as much as its $350 billion in total liabilities. Berkshire Hathaway’s last seen market capitalization, the value at which the equity markets value the company on any given day, was last seen at $472 billion.

Some investors will cheer this news because it will simplify the repurchase criteria to “any day the stock can be justified as cheap, as long as there is $20 billion in the bank.” Other investors will argue that this opens up the company to corporate governance issues wherein management (remember, neither Buffett nor Munger are likely to live forever) has too little control over when it should be buying back stock versus making acquisitions that can grow the company as a whole over time.

ALSO READ: Gold and Precious Metals Moving Toward Lows of the Year

It might be easy to see at least some of the obvious potential conflicts that could arise from this corporate governance change. When you throw in Buffett, it’s easy to assume he would win any argument over what “cheap or value” is on any given day. Then again, Buffett has admitted many times he is not immune from making mistakes.

Berkshire Hathaway’s A-shares closed down $500.00 at $288,500.00 and the B-shares closed down $1.59 at $190.41 on Tuesday. As of Tuesday’s closing bell, the shares were down roughly 4% so far in 2018.

Friday, July 13, 2018

Jefferies Financial Group Analysts Cut Earnings Estimates for T-Mobile Us Inc (TMUS)

T-Mobile Us Inc (NASDAQ:TMUS) – Investment analysts at Jefferies Financial Group cut their Q3 2018 earnings per share estimates for T-Mobile Us in a research note issued on Wednesday, July 11th. Jefferies Financial Group analyst S. Goldman now anticipates that the Wireless communications provider will earn $0.83 per share for the quarter, down from their previous estimate of $0.91. Jefferies Financial Group also issued estimates for T-Mobile Us’ Q4 2018 earnings at $0.77 EPS and FY2018 earnings at $3.20 EPS.

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T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Tuesday, May 1st. The Wireless communications provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.71 by $0.07. The company had revenue of $10.46 billion during the quarter, compared to analysts’ expectations of $10.35 billion. T-Mobile Us had a net margin of 10.90% and a return on equity of 10.41%. T-Mobile Us’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 earnings per share.

Several other brokerages have also recently commented on TMUS. Barclays initiated coverage on shares of T-Mobile Us in a research note on Wednesday, June 27th. They set an “overweight” rating and a $74.00 price objective for the company. Royal Bank of Canada reissued a “buy” rating and issued a price target on shares of T-Mobile Us in a research note on Monday, April 30th. Macquarie reissued a “buy” rating and issued a $74.00 price target on shares of T-Mobile Us in a research note on Wednesday, June 6th. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Friday, June 22nd. Finally, Oppenheimer boosted their price target on shares of T-Mobile Us and gave the stock an “outperform” rating in a research note on Monday, April 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the stock. T-Mobile Us has an average rating of “Buy” and a consensus price target of $71.67.

Shares of T-Mobile Us opened at $60.18 on Thursday, MarketBeat.com reports. The company has a market cap of $51.95 billion, a P/E ratio of 26.28, a PEG ratio of 0.99 and a beta of 0.40. T-Mobile Us has a 12 month low of $54.60 and a 12 month high of $66.52. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.78 and a quick ratio of 0.67.

Several institutional investors and hedge funds have recently made changes to their positions in TMUS. Green Square Capital LLC bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $221,000. First Allied Advisory Services Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $222,000. Jump Trading LLC bought a new stake in shares of T-Mobile Us in the 4th quarter worth approximately $227,000. Koch Industries Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $229,000. Finally, Wedbush Securities Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $234,000. Hedge funds and other institutional investors own 33.63% of the company’s stock.

In other news, COO G Michael Sievert sold 3,056 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The shares were sold at an average price of $56.64, for a total value of $173,091.84. Following the completion of the sale, the chief operating officer now directly owns 467,225 shares in the company, valued at approximately $26,463,624. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP David A. Miller sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $60.00, for a total transaction of $300,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,994 shares of company stock valued at $1,580,951. Company insiders own 0.37% of the company’s stock.

T-Mobile Us Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 72.6 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

Thursday, July 12, 2018

Top Bank Stocks For 2019

tags:CM,HSBA,AP,FCF,

Image source: The Motley Fool.

Toronto Dominion Bank (NYSE:TD)Q2 2018 Earnings Conference CallMay 24, 2018, 1:30 p.m. ET

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

Operator

Good afternoon, ladies and gentlemen. Welcome to the TD Bank Group Q2 2018 conference call. Please be advised that this call is being recorded. I would now like to turn the meeting over to Ms. Gillian Manning, Head of Investor Relations. Please go ahead.

Gillian Manning -- Head of Investor Relations

Thank you. Good afternoon, and welcome to TD Bank Group's second quarter 2018 investor presentation. My name is Gillian Manning, and I am the Head of Investor Relations at the Bank.

We will begin today's presentation with remarks from Bharat Masrani, the Bank's CEO, after which Riaz Ahmed, the Bank's CFO, will present our second quarter operating results. Ajai Bambawale, Chief Risk Officer will then offer comments on credit quality, after which we will invite questions from prequalified analysts and investors on the phone.

Top Bank Stocks For 2019: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:
  • [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 Tuesday The Euro has plunged to its lowest point against the U.S. dollar in 2018 thanks to political problems in Europe. The breakdown of power in Italy has raised new concerns about the nation��s ability to repay its debts, as the spread between German and Italian bonds has widened. Market instability has also spread to Spain where the nation��s parliament is preparing to vote on whether to oust Prime Minister Mariano Rajoy and his party. Oil prices slid one news that OPEC and Russia will consider hikes in production during a meeting in Vienna, Austria on June 22nd. The news accompanied reports that U.S. production is expected to rise throughout the summer. The price of WTI oil sat at $67.20 per barrel. The Brent crude oil price recovered this morning, adding 1% to hit $76.12. Canadian banks are under pressure this morning over a major breach by cyber criminals. The Bank of Montreal (NYSE: BMO) and the Canadian Imperial Bank of Commerce (NYSE: CM) �� the two largest banking institutions in the country �� announced that roughly 90,000 customers�� data may have been stolen. This would be the first major cybersecurity event to happen in Canada involving financial firms. Three Stocks to Watch Today: CRM, SBUX, MOMO com (NYSE: CRM) will lead a busy day of earnings reports on Wall Street. The cloud computing giant is set to report fiscal first quarter 2019 numbers after the bell on Tuesday. The average analyst projection calls for a 46% jump in EPS of $0.46 on top of a 23% gain in revenue to $2.94 billion. Starbucks�� Corporation (Nasdaq: SBUX) will temporarily close about 8,000 locations on Tuesday to train roughly 175,000 employees on racial bias. The training sessions were
  • [By Max Byerly]

    Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

  • [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 Joseph Griffin]

    Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

  • [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.

Top Bank Stocks For 2019: HSBC Holdings PLC (HSBA)

Advisors' Opinion:
  • [By Joseph Griffin]

    HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.

  • [By Ethan Ryder]

    HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

Top Bank Stocks For 2019: Ampco-Pittsburgh Corporation(AP)

Advisors' Opinion:
  • [By ]

    New York (AP) -- Tom Petty died last year because of an accidental drug overdose that his family said occurred on the same day he found out his hip was broken after performing dozens of shows with a less serious injury.

  • [By ]

    Putrajaya, Malaysia (AP) -- Malaysia's government will sell much of the huge stash of jewelry and luxury goods, including diamond necklaces, tiaras and designer handbags that were seized in a money-laundering probe of former leader Najib Razak, Finance Minister Lim Guan Eng told The Associated Press on Friday.

  • [By ]

    Des Moines, Iowa (AP) -- It's been a billion-dollar lottery weekend after a lone Powerball ticket sold in New Hampshire matched all six numbers and will claim a $570 million jackpot, one day after another single ticket sold in Florida nabbed a $450 million Mega Millions grand prize.

  • [By ]

    London (AP) -- The British government said Sunday it is scrapping a promise to reconsider the ban on fox hunting, a centuries-old rural tradition contentiously outlawed more than a decade ago.

  • [By ]

    This undated photo provided by CFRA shows Sam Stovall, chief investment strategist for CFRA. Stovall said that based on the state of the economy and recent history, company profits should keep rising throughout 2018 and 2019 at least. (Photo: AP)

Top Bank Stocks For 2019: First Commonwealth Financial Corporation(FCF)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

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

  • [By Joseph Griffin]

    Barclays PLC increased its holdings in First Commonwealth Financial (NYSE:FCF) by 24.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the bank’s stock after buying an additional 6,593 shares during the period. Barclays PLC’s holdings in First Commonwealth Financial were worth $476,000 as of its most recent SEC filing.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

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

Wednesday, July 11, 2018

3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia, and Facebook

&l;p&g;Stock prices are going to become more volatile as we get closer to the November elections. Whenever stocks fall because of political factors it has been great time to buy stocks. Now is the time to do the research so when the time comes, we can step confidently into the market to buy when everyone is selling. Three stocks my managers are ready to buy on the next downturn are Tesla, Nvidia and Facebook. Here&s;s why.&l;/p&g;

&l;strong&g;Telsa (TSLA)&l;/strong&g;

&l;img class=&q;dam-image ap wp-image-30 size-large&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/30a5c37fe19c48c79b79db6a798fb499/960x0.jpg?fit=scale&q; alt=&q;&q; data-height=&q;645&q; data-width=&q;960&q;&g; Elon Musk, Tesla Chairman, Product Architect and CEO. (AP Photo/Paul Sancya)

In &l;a href=&q;https://www.forbes.com/sites/kenkam/2016/06/17/the-catalyst-for-tesla-is-production/&q;&g;The Catalyst For Tesla Is Production&l;/a&g;, &l;a href=&q;https://gordenlam.mytrackrecord.com/GVF&q; target=&q;_blank&q;&g;Gorden Lam&l;/a&g; explained that first generation cars will always run into issues on the assembly line.

&l;/p&g;&l;blockquote&g;Here&a;rsquo;s how it works: The production line is run at maximum output, building cars at a rapid rate and then it&a;rsquo;s shut down to inspect the vehicles for any flaws. The manufacturing process is then retooled to fix any problems that have been uncovered after which the production line is turned back on, and it&s;s running at full capacity again. Production may be slow for the first few months, but once a flawless run has been achieved, you can expect an instantaneous ramp-up, not a slow gradual one.&l;/blockquote&g;

In the last week of Q2, Tesla hit its production goal of 5,000 Model 3s per week, an annual rate of about 200,000. Elon Musk has said the goal is to produce 500,000 Model 3s annually.

To put this in perspective, Tesla&a;rsquo;s annual deliveries since 2012, in round numbers are: 2,650, 22,300, 33,000, 50,000, 84,000, and 101,000 (2017). In the first half of 2018, Telsa delivered over 70,000 cars.

The production ramp-up has taken longer than we expected, but it appears that the worst is behind us. When Tesla fixes the bugs that turned up, we expect production to continue to ramp-up quickly towards the annual goal of 500,000.

In an industry with high fixed costs, ramping production is the key to reducing the manufacturing cost of each car. Going from 101,000 cars in 2017 to an annual rate of 300,000 cars in 2018 is going to make their financials look a lot better.

Tesla was at $280 in May when it didn&a;rsquo;t look like they could make 5,000 Model 3&a;rsquo;s per week. That turned out to be a good entry point. The stock is at $322 now, but could easily return to $280 if the market corrected.

&l;strong&g;Nvidia (NVDA)&l;/strong&g;

&l;img class=&q;dam-image bloomberg wp-image-41834347 size-large&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41834347/960x0.jpg?fit=scale&q; alt=&q;&q; data-height=&q;640&q; data-width=&q;960&q;&g; Jen-Hsun Huang, president and chief executive officer of Nvidia Corp. Photographer: David Paul Morris/Bloomberg

&l;a href=&q;https://glenbo-nj.mytrackrecord.com/GMF&q; target=&q;_blank&q;&g;Glen Brownworth&l;/a&g; has been pounding the table for Nvidia for years. He first bought Nvidia at $21 in August 2003. At the beginning of the year, Nvidia was at $200.

In May, Nvidia reported revenue grew 66%, and earnings-per-share soared 151%. The stock is up about 26% this year to $253.

Because the stock has not gone up as much as revenue and earnings, Nvidia is now cheaper than it was at the beginning of the year. It&a;rsquo;s price-to-earnings ratio has fallen from 60 in January to 44 today.

Although 44 is a high multiple, the market has shown it is willing pay much for solid growth. Two examples that come to mind are Netflix and Amazon at 249 and 275 respectively.

One reason the stock has not done even better is that the company said&a;nbsp;sales to&a;nbsp;crypto-currency miners had peaked and would decline from here. Crypto-currency mining, however, was never the big attraction.

For us, the big attraction is that Nvidia&s;s products are better suited for artificial intelligence applications than Intel&s;s. The first mainstream AI applications utilizing Nvidia&s;s&a;nbsp;technology have not yet hit the U.S. market. This is the main reason we think the stock has not already gone up more and thus still has a lot of room to run.

Nvidia fell to $214 in March when volatility returned to the market. If the market tumbles on fears of a trade war, or a polarizing election, Nvidia at $214 would be a good buy.

&l;strong&g;Facebook (FB)&l;/strong&g;

&l;img class=&q;dam-image getty wp-image-944392672 size-large&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/944392672/960x0.jpg?fit=scale&q; alt=&q;&q; data-height=&q;640&q; data-width=&q;960&q;&g; Facebook chief Mark Zuckerberg apologized to US lawmakers for the leak of personal data on tens of millions of users as he faced a day of reckoning before a Congress mulling regulation of the global social media giant. (Photo credit: JIM WATSON/AFP/Getty Images)

&l;a href=&q;https://johnarcher.mytrackrecord.com/TAB&q; target=&q;_blank&q;&g;John Archer&l;/a&g;, one of my managers, believes Facebook at $203 is at the low end of his estimate of fair value. Based on Facebook&a;rsquo;s double digit growth rates (54% in 2016 and 47% in 2017) John think&a;rsquo;s Facebook&s;s fair value is closer to $250.

The market is challenged when it comes to valuing fast growing companies because the presumption is that growth will slow down. However, John in confident that Facebook&a;rsquo;s growth will continue because;

&l;blockquote&g;Facebook essentially has no real competition, benefits from the powerful &q;network effect&q;, has no debt and had $42 billion in cash at 12/31/17. It&s;s one of the strongest companies out there.&l;/blockquote&g;

John first bought Facebook for his TAB fund in November 2016 at $122. He increased his position by 50% in July 2017 at $163. Two months later he increased his position by 66% paying $170.

If you already own Facebook, John is not buying at the current price. However, if Facebook were to fall back to the $170 level in the next downturn, that would be a good entry point for new investors.

&l;strong&g;My Take&l;/strong&g;

Is it crazy to buy stocks when the market is in a panic? It&s;s not crazy if the reason for the panic has nothing to do with the stocks you are buying, and you&a;rsquo;ve already done your homework on the company.

Everyone wants to buy low and sell high. But not a lot of people can bring themselves to do it because when stocks are cheap, there is usually something to be afraid of.

Before the market&a;rsquo;s next panic attack, do the homework on the stocks you want to buy.&l;span class=&q;tweet_icon&q;&g;&l;/span&g;

If you would like to know when &l;a href=&q;https://paths.marketocracy.com/lists/?p=subscribe&a;amp;id=2751&q; target=&q;_blank&q;&g;John Archer&l;/a&g;, &l;a href=&q;https://paths.marketocracy.com/lists/?p=subscribe&a;amp;id=8095&q; target=&q;_blank&q;&g;Gorden Lam&l;/a&g;, or &l;a href=&q;https://paths.marketocracy.com/lists/?p=subscribe&a;amp;id=8322&q; target=&q;_blank&q;&g;Glen Brownworth&l;/a&g;&a;nbsp;update their views, click on their names.

If you would like to be notified when I write about stocks you are following, &l;a href=&q;https://paths.marketocracy.com/lists/?p=subscribe&a;amp;id=1&q; target=&q;_blank&q;&g;click here&l;/a&g;.

Tuesday, July 10, 2018

Top 5 Heal Care Stocks For 2019

tags:CYTK,ACH,CRME,QNST,CMRX,

To understand Aflac (NYSE:AFL), the first thing you have to realize is that the company does much more than just offer supplemental insurance in the U.S. market. Aflac's primary business is in Japan, where it serves a larger market and produces more of its revenue and profit than its domestic operations do. Coming into Tuesday's fourth-quarter financial report, Aflac investors wanted to see continuing signs of solid growth in revenue and earnings, but the insurer didn't produce the growth in operating earnings that it had hoped to achieve. Let's look more closely at Aflac to see what its results say about the company going forward.

Image source: Aflac.

Aflac posts mixed results

Aflac's fourth-quarter results showed the impact of the different conditions the insurer faces in its worldwide operations. Total revenue jumped 12% to $5.96 billion, which was nearly double the growth rate that most investors were expecting to see in Aflac's top line. Net earnings, however, were up only 3% from year-ago levels. Using Aflac's favored operating earnings measure and adjusting for currency impacts, the insurer's bottom-line figure of $1.46 per share was $0.17 less than the consensus forecast among those following the stock.

Top 5 Heal Care Stocks For 2019: Cytokinetics, Incorporated(CYTK)

Advisors' Opinion:
  • [By Logan Wallace]

    Cytokinetics (NASDAQ:CYTK) had its price target cut by investment analysts at Piper Jaffray Companies to $13.00 in a note issued to investors on Monday. The firm currently has an “overweight” rating on the biopharmaceutical company’s stock. Piper Jaffray Companies’ price objective would indicate a potential upside of 55.69% from the stock’s previous close.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Cytokinetics (CYTK)

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

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Cytokinetics (CYTK)

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

Top 5 Heal Care Stocks For 2019: Aluminum Corporation of China Ltd(ACH)

Advisors' Opinion:
  • [By Logan Wallace]

    Banco de Sabadell S.A acquired a new position in Aluminum Corp. of China Limited (NYSE:ACH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,227 shares of the basic materials company’s stock, valued at approximately $340,000.

  • [By Max Byerly]

    Aluminum Corp. of China Limited (NYSE:ACH) has been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

  • [By Ethan Ryder]

    Shares of Aluminum Corp. of China Limited (NYSE:ACH) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $10.70 and last traded at $10.71, with a volume of 2367 shares trading hands. The stock had previously closed at $11.00.

  • [By Ethan Ryder]

    Aluminum Corp. of China Limited (NYSE:ACH) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

Top 5 Heal Care Stocks For 2019: Cardiome Pharma Corporation(CRME)

Advisors' Opinion:
  • [By Stephan Byrd]

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

    Get Cardiome Pharma alerts: Cardiome Pharma Corp (TSE:COM): Should The Recent Earnings Drop Worry You? (finance.yahoo.com) Pacira Pharmaceuticals Gets a Hold Rating from Canaccord Genuity (analystratings.com) As of May, 21 Analysts See $-0.20 EPS for Cardiome Pharma Corp. (CRME) (thecasualsmart.com) Cardiome Pharma Corp. (CRME) stock added 0.33% off its SMA-20 (thestocksnews.com) Cardiome Pharma (CRME) Upgraded to Sell at ValuEngine (americanbankingnews.com)

    Shares of CRME traded down $0.01 during mid-day trading on Wednesday, reaching $2.29. The company’s stock had a trading volume of 730 shares, compared to its average volume of 138,610. The firm has a market cap of $80.20 million, a price-to-earnings ratio of -2.53 and a beta of 0.19. The company has a debt-to-equity ratio of 2.47, a quick ratio of 3.99 and a current ratio of 4.80. Cardiome Pharma has a 52 week low of $2.28 and a 52 week high of $2.30.

  • [By Logan Wallace]

    Cardiome Pharma Co. (TSE:COM) (NASDAQ:CRME) – Stock analysts at Zacks Investment Research issued their Q2 2018 EPS estimates for Cardiome Pharma in a research note issued on Tuesday, May 22nd. Zacks Investment Research analyst J. Vandermosten anticipates that the biopharmaceutical company will post earnings per share of ($0.26) for the quarter.

  • [By Lisa Levin]

    Cardiome Pharma Corp. (NASDAQ: CRME) is expected to post quarterly loss at $0.07 per share on revenue of $6.34 million.

    Quest Resource Holding Corporation (NASDAQ: QRHC) is estimated to post quarterly loss at $0.09 per share on revenue of $24.85 million.

Top 5 Heal Care Stocks For 2019: QuinStreet, Inc.(QNST)

Advisors' Opinion:
  • [By Joseph Griffin]

    QuinStreet (NASDAQ:QNST) Director James R. Simons sold 229,718 shares of the company’s stock in a transaction on Thursday, May 17th. The stock was sold at an average price of $12.39, for a total transaction of $2,846,206.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

  • [By Max Byerly]

    Schwab Charles Investment Management Inc. boosted its holdings in shares of QuinStreet Inc (NASDAQ:QNST) by 41.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,823 shares of the technology company’s stock after purchasing an additional 29,306 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.22% of QuinStreet worth $1,275,000 at the end of the most recent quarter.

  • [By Dan Caplinger]

    The mood was negative on Wall Street on Wednesday, and most major benchmarks finished in the red. Strength in the technology sector wasn't enough to lift more cyclically focused benchmarks like the Dow Jones Industrial Average, and the combination of an attack on Saudi Arabia that sent oil prices higher and some disquieting readings on the inflation front kept investors from feeling more confident about stocks going into earnings season. In addition, some individual companies had bad news that sent their shares lower. Analogic (NASDAQ:ALOG), QuinStreet (NASDAQ:QNST), and MSC Industrial Direct (NYSE:MSM) were among the worst performers on the day. Here's why they did so poorly.

Top 5 Heal Care Stocks For 2019: Chimerix, Inc.(CMRX)

Advisors' Opinion:
  • [By Joseph Griffin]

    Chimerix Inc (NASDAQ:CMRX) Director Ernest Mario sold 45,000 shares of the firm’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $4.80, for a total value of $216,000.00. Following the transaction, the director now owns 12,905 shares of the company’s stock, valued at $61,944. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Monday, July 9, 2018

NANJCOIN Market Capitalization Tops $30.79 Million (NANJ)

NANJCOIN (CURRENCY:NANJ) traded down 7.8% against the dollar during the 1 day period ending at 23:00 PM ET on July 6th. In the last week, NANJCOIN has traded down 13.9% against the dollar. One NANJCOIN token can now be bought for $0.0016 or 0.00000024 BTC on exchanges including CoinExchange, Mercatox and HitBTC. NANJCOIN has a market capitalization of $30.79 million and approximately $268,952.00 worth of NANJCOIN was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

Get NANJCOIN alerts: XRP (XRP) traded down 0.1% against the dollar and now trades at $0.48 or 0.00007194 BTC. Stellar (XLM) traded 1.8% higher against the dollar and now trades at $0.21 or 0.00003123 BTC. IOTA (MIOTA) traded down 8.2% against the dollar and now trades at $1.05 or 0.00015968 BTC. Tether (USDT) traded 0.3% lower against the dollar and now trades at $1.00 or 0.00015184 BTC. NEO (NEO) traded 5.5% lower against the dollar and now trades at $37.05 or 0.00560829 BTC. TRON (TRX) traded 2% lower against the dollar and now trades at $0.0366 or 0.00000554 BTC. Binance Coin (BNB) traded down 0.6% against the dollar and now trades at $13.78 or 0.00208599 BTC. VeChain (VET) traded down 2% against the dollar and now trades at $2.46 or 0.00037281 BTC. Ontology (ONT) traded down 5.4% against the dollar and now trades at $4.65 or 0.00070367 BTC. Zilliqa (ZIL) traded 0.5% lower against the dollar and now trades at $0.0824 or 0.00001247 BTC.

NANJCOIN Profile

NANJCOIN’s launch date was February 6th, 2018. NANJCOIN’s total supply is 30,000,000,000 tokens and its circulating supply is 19,361,889,557 tokens. NANJCOIN’s official Twitter account is @nanjcoin and its Facebook page is accessible here. The official website for NANJCOIN is nanjcoin.com. The official message board for NANJCOIN is nanjcoin.com/blog.

NANJCOIN Token Trading

NANJCOIN can be traded on the following cryptocurrency exchanges: Mercatox, CoinExchange and HitBTC. It is usually not currently possible to purchase alternative cryptocurrencies such as NANJCOIN directly using U.S. dollars. Investors seeking to trade NANJCOIN should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NANJCOIN using one of the aforementioned exchanges.

Saturday, July 7, 2018

CHS Inc Preferred Shares Class B (CHSCO) Receives Daily Coverage Optimism Score of 0.24

Media headlines about CHS Inc Preferred Shares Class B (NASDAQ:CHSCO) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CHS Inc Preferred Shares Class B earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.8637910025833 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of CHS Inc Preferred Shares Class B opened at $28.99 on Friday, according to Marketbeat.com. CHS Inc Preferred Shares Class B has a 52-week low of $27.78 and a 52-week high of $29.86.

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The company also recently announced a quarterly dividend, which was paid on Monday, July 2nd. Stockholders of record on Monday, June 18th were paid a $0.4922 dividend. The ex-dividend date was Friday, June 15th. This represents a $1.97 annualized dividend and a dividend yield of 6.79%.

In other news, Director Scott A. Cordes sold 1,000 shares of CHS Inc Preferred Shares Class B stock in a transaction on Friday, April 20th. The stock was sold at an average price of $28.75, for a total value of $28,750.00. Following the completion of the sale, the director now directly owns 2,300 shares of the company’s stock, valued at approximately $66,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

About CHS Inc Preferred Shares Class B

CHS Inc, an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers worldwide. The company operates through four segments: Energy, Ag, Nitrogen Production, and Foods. It engages in the operation of petroleum refineries and pipelines; supply, marketing, and distribution of refined fuels, including gasoline, diesel fuel, and other energy products; blending, sale, and distribution of lubricants; and the supply of propane and other natural gas liquids.

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Friday, July 6, 2018

Can This Airline Weather Higher Fuel Prices Better Than Its Competitors?

Along with legacy carriers and low-cost carriers (LCCs), regional Latin American airline�Copa Holdings, S.A. (NYSE:CPA) has been buffeted by the rise in jet fuel over the last 18 months. After falling from nearly $3 per gallon all the way to $1 per gallon during 2014 and 2015 (and helping to generate record airline profits), jet fuel shifted course in early 2016, and market pricing has doubled over the last 30 months:

Line chart of weekly U.S. gulf coast jet fuel spot price, January 2016 - June 2018.

Data source: U.S. Energy Information Administration. Chart by Author.

Copa Airlines may be singularly equipped to deal with the adverse effects of a spike in its biggest annual expense item. The Panama-headquartered carrier focuses primarily on flights within Central America, South America, and Mexico.

Collectively, Latin America's economy has improved tangibly as of late: Most of the major countries in the region have registered at least four consecutive quarters of improving gross domestic product (GDP).�Elevated economic activity is ratcheting up travel demand in both the business and leisure sectors. (I've written about this phenomenon recently in more detail in an article on Mexican airport operator Grupo Aeroportuario del Pacifico.)

The effect of Latin American travel demand is evident in several of Copa's metrics. In the first quarter of 2018, Copa Airline's passenger traffic grew 10.4%, outpacing a capacity increase of 8.4%. This pushed the airline's load factor (revenue passenger miles divided by available seat miles) to 83%, a healthy increase of 1.5 percentage points over the prior year. Copa's yields (passenger revenue divided by passenger miles) also climbed during the first quarter. Yields per passenger mile advanced 5.3%, to $0.133.

Plane flying below clouds.

Image source: Getty Images.

The combination of higher loads and yields boosted revenue per available seat mile, or RASM, more than 7%, to $0.112. The advance in RASM outpaced a rise in cost per available seat miles (CASM). CASM creeped up 5.6%, from $0.086 in Q1 2017 to $0.091 this quarter. Non-fuel costs accounted for only $0.01 out of this $0.05 increase.

What's the net result of the stream of related statistics I've outlined above? High passenger demand is improving loads, yields, and revenue, thus offsetting the cost-per-mile increases wrought by climbing fuel costs. Copa was able to demonstrate a profitability increase during the first quarter, as operating margin improved 1.2 percentage points, to 20%.�

Of course, demand is an external factor -- vibrant today and potentially dimmed tomorrow. But Copa displays inherent advantages that also assist in managing fuel variances, such as its low-cost structure. The carrier employs a traditional hub-and-spoke network utilizing a single hub,�Tocumen International Airport in Panama City.

While a hub-and-spoke setup isn't typically as lean as point-to-point flights offered by LCCs, in Copa's case, the configuration keeps costs low. Panama City is strategically located on the isthmus connecting Central America with South America. This makes it an ideal location to efficiently service flights between the two regions, not to mention Mexico to the west, the U.S. to the north, and the Caribbean to the east.

To be specific, Copa's CASM is one of the lowest in the airline industry -- more in line with LCCs than legacy network carriers. First-quarter CASM of $0.091, for example, compares favorably to low-cost leader�Spirit Airlines�(NYSE:SAVE), which booked CASM of $0.0884 in the first quarter of 2018. Incidentally, Copa owns an incipient LCC brand, Wingo, which it launched in late 2016 to take over most of its Columbia flights. Wingo currently accounts for 2% of total company revenue.�

At least one more advantage is native to Copa's geographical focus. During the first-quarter earnings conference call, CEO Pedro Heilbron observed that higher fuel generates an offset in Latin American economies, as the currencies of oil exporters like Brazil and Argentina tend to firm up in concert with oil prices. Stronger local currencies positively affect Copa's yields. This has occurred only to a modest degree in the current cycle, although presumably, a sustained oil price increase will begin to bolster Latin American currencies.

Finally, as a relatively small regional carrier, Copa can more easily adjust capacity versus larger rivals in order to lift yields and absorb higher fuel expense. When asked about the carrier's willingness to do so, if needed, Heilbron was quick to cite prior instances in which Copa had trimmed capacity. Yet he also noted that the process of winnowing seats and/or flights isn't a magic bullet for neutralizing short-term fuel spikes.

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In sum, a strategic focus within a high-demand region, an efficient network configuration, a low-cost structure, the potential benefit from rising Latin American currencies, and flexibility within capacity constraints all contribute to Copa's ability to weather oil inflation more capably than many of its industry peers.

These advantages aren't without risk. In the second quarter of 2018, the company expects to record a one-time charge of $15 million due to a temporary suspension of flights (now resumed) in Latin America's worst-performing economy -- Venezuela.�But despite such occasional challenges, Copa may prove a viable long-term investment for airline investors fretting over the seemingly inexorable, upward creep of jet fuel prices.