Hot High Tech Stocks To Watch For 2018

August 28, 2017: Here are four stocks trading with heavy volume among 99 equities making new 52-week lows in Monday’s session. On the NYSE, decliners led advancers by about 8 to 7 and on the Nasdaq decliners led advancers by about 5 to 4.

Chesapeake Energy Corp. (NYSE: CHK) posted a new 52-week low of $3.59 on Monday, down about 5.3% from Friday’s closing price of $3.79. The stock’s 52-week high is $8.20. Volume totaled around 36 million shares, about 1 million more than the daily average. The company acknowledged that its oil & gas production would be constrained as long as Harvey continues to keep refineries and terminals closed.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) dropped about 3% Monday to post a new 52-week low of $15.72 after closing at $16.21 on Friday. The stock’s 52-week high is $52.66. Volume of around 14 million was about 1 million below the daily average. The company had no specific news.

Hot High Tech Stocks To Watch For 2018: Chevron Corporation(CVX)

Advisors’ Opinion:

  • [By Paul Ausick]

    Chevron Corp. (NYSE: CVX) traded up about 1.5%, at $123.250 in a 52-week range of $102.55 to $133.88. As of last night’s close, Chevron shares are trading up about 14.9% over the past year.

  • [By Chris Lange]

    Chevron Corp. (NYSE: CVX) saw its short interest decrease to 22.36 million shares from the previous reading of 23.41 million. The shares were last seen trading at $115.65, in a 52-week range of $102.55 to $133.88.

  • [By Todd Shriber, ETF Professor]

    The $19.26 billion XLE follows the Energy Select Sector Index and holds 31 stocks. The ETF is dominated by Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX). The two largest U.S. oil companies combine for over 39.5 percent of XLE's weight.

  • [By Paul Ausick]

    Chevron Corp. (NYSE: CVX) traded up about 2.7%, at $129.95 in a 52-week range of $102.55 to $133.88. As of last night’s close, Chevron shares are trading up about 23.7% over the past year.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) bid on just two blocks and did not win either bid. Chevron Corp. (NYSE: CVX) bid on 29 blocks and was the high bidder on 24. Chevron’s high bids totaled $36.64 million, nearly 30% of the high bids. Royal Dutch Shell plc (NYSE: RDS-A) won all 16 bids it made for a total of $22.93 million. Total SA (NYSE: TOT) won 9 of 9 blocks it bid on for a total of $15.11 million. BP plc (NYSE: BP) won 27 of 27 bids with a total of $20.01 million. No other company had high bids of more than $7 million.

Hot High Tech Stocks To Watch For 2018: H. B. Fuller Company(FUL)

Advisors’ Opinion:

  • [By Max Byerly]

    H.B. Fuller (NYSE: FUL) and CSW Industrials (NASDAQ:CSWI) are both basic materials 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.

Hot High Tech Stocks To Watch For 2018: Allegheny Technologies Incorporated(ATI)

Advisors’ Opinion:

  • [By Lou Whiteman]

    Shares of specialty materials manufacturer Allegheny Technologies (NYSE:ATI) lostnearly three-quarters of their valuein the second half of 2015 as the company initiated what would be a difficult restructuring. But it is growing apparent that the turnaround program had the desired effect, as Allegheny on April 24 delivered quarterly results that blew past expectations.