My Top Pick for speculators for the coming year is a biotech company, explains leading growth and income stock specialist Crista Huff, editor of Cabot Undervalued Stocks Advisor.
Vertex Pharmaceuticals (VRTX) is prominent for its world-leading treatments for cystic fibrosis. Vertex is expected to outperform its peers in earnings growth through 2020.
Vertex is expected to report earnings per share of $2.27 in 2017 (December year-end), reflecting 195% earnings growth. This aggressive growth stock has a 2017 price/earnings ratio of 34.
As you know, pharmaceutical stocks got left behind in investors’ post-election race to own financial and basic industry stocks.
But the benefit of sector rotations is that we get to buy shares of healthy, growing companies while their prices are low.
In December, the company announced that it had come to a pricing and reimbursement agreement with Germany on Orkambi, a Vertex treatment for cystic fibrosis. This is bullish news.
Best Biotech Stocks To Invest In 2018: Alpine Total Dynamic Dividend Fund(AOD)
- [By Logan Wallace]
Oppenheimer & Co. Inc. lifted its stake in shares of Alpine Total Dynamic Div (NYSE:AOD) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,451 shares of the investment management company’s stock after acquiring an additional 12,551 shares during the period. Oppenheimer & Co. Inc. owned 0.09% of Alpine Total Dynamic Div worth $906,000 as of its most recent SEC filing.
Best Biotech Stocks To Invest In 2018: Activision Blizzard, Inc(ATVI)
- [By John Ballard]
Activision Blizzard (NASDAQ:ATVI) will announce its first-quarter 2018 earnings on May 3, after the market close.
The first quarter is typically one of the slowest quarters of the year for video game companies. Activision didn’t have any new releases to start the year, so it will be important to watch how new content updates to existing games performed, most notably for Call of Duty and Overwatch.
- [By Trey Thoelcke]
Activision Blizzard Inc. (NASDAQ: ATVI) is expected to release its most recent quarterly report Thursday afternoon. The consensus forecast calls for $0.35 in EPS on $1.32 billion in revenue. Shares closed at $65.79 on Friday. The consensus target price is $76.36, and shares have changed hands between $50.91 and $79.63 in the past year.
- [By Demitrios Kalogeropoulos]
Activision Blizzard (NASDAQ:ATVI)recently announced earnings results that edged past management’s targets. The video game publisher notched important first-quarter wins in core metrics such as engagement and profitability. However, due to the timing of its biggest releases, and plans to ramp up the esports and advertising businesses, investors won’t have a clear picture on Activision’s 2018 performance until later in the fiscal year than usual.
- [By Keith Noonan, Travis Hoium, and Dan Caplinger]
With an eye toward the ultralong term, we asked three Motley Fool investors to identify a company with qualities that could pave the way to ongoing growth and stellar returns. Here’s why they think thatAppian (NASDAQ:APPN), The Walt Disney Company (NYSE:DIS), and Activision Blizzard (NASDAQ:ATVI) are stocks that will flourish over the next half-century.
- [By Garrett Baldwin]
Yesterday, the Fed Open Market Committee announced it would not raise interest rates this session. The central bank committee, which is in charge of monetary policy, said that inflation is rising and that the U.S. economy is getting better. Markets are now looking forward to the next meeting on June 12 for the U.S. Federal Reserve to bump rates higher for the second time in 2018. Shares of Tesla Inc. (Nasdaq: TSLA) slumped more than 4.5% after Tesla CEO Elon Musk held an highly unusual earnings call. After announcing that his firm burned through $700 million in cash during the quarter of 2018, Musk refused to take any more questions on the company’s fiscal health, dismissing analysts’ questions as “boring.” Musk instead spent the rest of the quarterly call taking questions from a YouTuber named Gali Russell who had lobbied Musk on Twitter to let him partake in the earnings call. This morning, the U.S. Labor Department reported initial jobless claims rose by 2,000, to 211,000. Analysts had projected 225,000 for the week. The tightening U.S. labor market has now seen the total number of Americans receiving benefits fall to the lowest level since 1973. America’s unemployment rate is sitting at 4.1%, the lowest figure in 17 years. Tomorrow, the Labor Department will release the April jobs report.
Four Stocks to Watch Today: GPRO, SPOT, CI
GoPro Inc. (Nasdaq: GPRO) will lead another busy day of earnings reports on Wall Street. The firm will report earnings after the bell Thursday. Wall Street expects that the tech firm is about to report a loss of -$0.40 per share on top of $175.40 billion in revenue. Here’s a way to make a lot of money in a short time during earnings season. Spotify Technology SA(NYSE: SPOT) did not have a very good first earnings report. Shares plunged more than 8% after the firm’s music-streaming forecasts fell well short of expectations. During its earnings report, signals indicated that the firm’s growth could slow despite news that its
Best Biotech Stocks To Invest In 2018: Minerals Technologies Inc.(MTX)
- [By Ethan Ryder]
Minerals Technologies (NYSE:MTX) posted its earnings results on Thursday. The basic materials company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.01, Bloomberg Earnings reports. Minerals Technologies had a return on equity of 13.89% and a net margin of 11.64%. The company had revenue of $431.30 million for the quarter, compared to the consensus estimate of $420.00 million. During the same quarter in the prior year, the company earned $0.97 earnings per share. Minerals Technologies’s revenue was up 6.5% on a year-over-year basis.
- [By Logan Wallace]
Minerals Technologies (NYSE: MTX) and Lsb Industries (NYSE:LXU) are both basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, earnings, profitability and analyst recommendations.
- [By Ethan Ryder]
Minerals Technologies (NYSE: MTX) and Air Products & Chemicals (NYSE:APD) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, earnings, dividends and institutional ownership.
- [By Ethan Ryder]
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