Tag Archives: AGTC

Top 5 Blue Chip Stocks To Watch Right Now

On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.

However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster outlook for sales growth.

The technology sector of the S&P 500 rose 0.8%, its biggest gain in three weeks. The Nasdaq, which is tech heavy, rose 0.5%, and the 500 jumped chiefly on gains by technology giants Microsoft Corporation (NASDAQ:MSFT), up 1.3%, Apple Inc. (NASDAQ:AAPL), up 1.1%, and Facebook Inc (NASDAQ:FB), up 1.1%. The PHLX Semiconductor Index (NASDAQ:SOXX) did its part by gaining 1.1%.

Crude oil (WTI) fell 0.4% as data showed that stockpiles of crude hit a new record high. Spot WTI closed at $48.04 per barrel for a fall of 11% so far in March.

At the close, the Dow Jones Industrial Average fell 7 points at 20,661, the S&P 500 rose 4 to 2,348, the Nasdaq gained 28 points to close at 5,822, and the Russell 2000 fell a point to 1,346. The NYSE ‘s primary exchange traded 899 million shares with total volume of 3.5 billion shares, and the Nasdaq crossed 1.8 billion shares. On the Big Board, advancers exceeded decliners by 1.1-to-1, and on the Nasdaq, decliners led by 1.3-to-1. Blocks on the NYSE fell to 6,935 from 7,804 on Tuesday.

Top 5 Blue Chip Stocks To Watch Right Now: Golden Ocean Group Limited(GOGL)

Advisors’ Opinion:

  • [By Motley Fool Staff]

    Golden Ocean Group (NASDAQ:GOGL) Q1 2018 Earnings Conference CallMay. 30, 2018 9:00 a.m. ET

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

    Operator

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Golden Ocean Group (GOGL)

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

  • [By Ethan Ryder]

    Jane Street Group LLC raised its holdings in shares of Golden Ocean Group Ltd (NASDAQ:GOGL) by 99.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 224,567 shares of the shipping company’s stock after purchasing an additional 111,971 shares during the period. Jane Street Group LLC owned approximately 0.16% of Golden Ocean Group worth $1,785,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Golden Ocean Group (NASDAQ: GOGL) and Kenon (NYSE:KEN) are both small-cap transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings.

  • [By Max Byerly]

    Golden Ocean Group (NASDAQ:GOGL) last released its quarterly earnings results on Friday, August 17th. The shipping company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. Golden Ocean Group had a net margin of 9.34% and a return on equity of 3.71%. The business had revenue of $140.89 million for the quarter, compared to analyst estimates of $98.87 million. sell-side analysts anticipate that Golden Ocean Group Ltd will post 0.49 EPS for the current year.

  • [By Lisa Levin] Gainers
    Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 11.4 percent to $2.93 in pre-market trading.
    Check-Cap Ltd. (NASDAQ: CHEK) shares rose 6.3 percent to $4.76 in pre-market trading as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut.
    Acacia Communications, Inc. (NASDAQ: ACIA) rose 6 percent to $ 35.20 in pre-market trading.
    Cellect Biotechnology Ltd. (NASDAQ: APOP) rose 6 percent to $7.60 in pre-market trading.
    Hexindai Inc. (NASDAQ: HX) rose 5.7 percent to $12.70 in pre-market trading.
    MoSys, Inc. (NASDAQ: MOSY) shares rose 5.3 percent to $2.07 in pre-market trading.
    Micron Technology, Inc. (NASDAQ: MU) rose 5 percent to $58.20 in pre-market trading after reporting a $10 billion buyback plan.
    Golden Ocean Group Limited (NASDAQ: GOGL) rose 4.1 percent to $8.63 in pre-market trading.
    MorphoSys AG (NASDAQ: MOR) rose 3.5 percent to $26.99 in pre-market trading.
    Cyren Ltd (NASDAQ: CYRN) shares rose 3.4 percent to $2.90 in pre-market trading. after reporting Q1 results.
    Box, Inc. (NYSE: BOX) rose 3.4 percent to $28.76 in pre-market trading.
    Kohl's Corporation (NYSE: KSS) shares rose 3.3 percent to $67.60 in the pre-market trading session after the company reported upbeat quarterly earnings.
    Micro Focus International plc (NYSE: MFGP) shares rose 3.1 percent to $18.40 in pre-market trading.

     

Top 5 Blue Chip Stocks To Watch Right Now: Kohl’s Corporation(KSS)

Advisors’ Opinion:

  • [By Jeremy Bowman]

    A lot has changed since then, however. J.C. Penney badly underperformed its own comparable sales target in the second half of 2016, as comparable sales fell instead of hitting the 3-4% mark the company had projected. Its peers continued to struggle — Macy’s (NYSE:M), Kohl’s (NYSE:KSS), and Nordstrom (NYSE:JWN) all reported declining comps in the fourth quarter, and Macy’s said last year it would close 100 stores.

  • [By Lisa Levin] Gainers
    Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 11.4 percent to $2.93 in pre-market trading.
    Check-Cap Ltd. (NASDAQ: CHEK) shares rose 6.3 percent to $4.76 in pre-market trading as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut.
    Acacia Communications, Inc. (NASDAQ: ACIA) rose 6 percent to $ 35.20 in pre-market trading.
    Cellect Biotechnology Ltd. (NASDAQ: APOP) rose 6 percent to $7.60 in pre-market trading.
    Hexindai Inc. (NASDAQ: HX) rose 5.7 percent to $12.70 in pre-market trading.
    MoSys, Inc. (NASDAQ: MOSY) shares rose 5.3 percent to $2.07 in pre-market trading.
    Micron Technology, Inc. (NASDAQ: MU) rose 5 percent to $58.20 in pre-market trading after reporting a $10 billion buyback plan.
    Golden Ocean Group Limited (NASDAQ: GOGL) rose 4.1 percent to $8.63 in pre-market trading.
    MorphoSys AG (NASDAQ: MOR) rose 3.5 percent to $26.99 in pre-market trading.
    Cyren Ltd (NASDAQ: CYRN) shares rose 3.4 percent to $2.90 in pre-market trading. after reporting Q1 results.
    Box, Inc. (NYSE: BOX) rose 3.4 percent to $28.76 in pre-market trading.
    Kohl's Corporation (NYSE: KSS) shares rose 3.3 percent to $67.60 in the pre-market trading session after the company reported upbeat quarterly earnings.
    Micro Focus International plc (NYSE: MFGP) shares rose 3.1 percent to $18.40 in pre-market trading.

     

  • [By Jeremy Bowman]

    Below are some of investors’ favorite value stocks

    Stock Ticker What the company does P/E ratio
    General Motors (NYSE: GM) Designs, manufactures and distributes vehicles under the brands Buick, Cadillac, Chevrolet, GMC, Holden, and Wuling. 5.7
    Apple (Nasdaq: AAPL) Designs and develops consumer electronics and software. 17.5
    Delta Air Lines (NYSE: DAL) One of the world’s biggest global airline. 10.6
    Verizon Communications (NYSE: VZ) Multinational telecoms company. 12.9
    Kohl’s  (NYSE: KSS) Department store chain. 12.2

    Source: Yahoo! Finance.

  • [By Adam Levine-Weinberg]

    Most apparel-focused retailers have had a rough time over the past few years, bearing the brunt of declining U.S. mall traffic. However, No. 2 department store chain Kohl’s (NYSE:KSS) and off-price leader TJX Companies (NYSE:TJX) have been able to outperform most of their rivals, partially due to their focus on non-mall store locations.

Top 5 Blue Chip Stocks To Watch Right Now: Rare Element Resources Ltd.(REE)

Advisors’ Opinion:

  • [By Logan Wallace]

    ReeCoin (CURRENCY:REE) traded flat against the dollar during the 1-day period ending at 14:00 PM Eastern on June 27th. Over the last week, ReeCoin has traded 5% higher against the dollar. One ReeCoin coin can now be purchased for about $0.0001 or 0.00000001 BTC on popular exchanges. ReeCoin has a total market cap of $175,206.00 and $0.00 worth of ReeCoin was traded on exchanges in the last day.

Top 5 Blue Chip Stocks To Watch Right Now: Limelight Networks Inc.(LLNW)

Advisors’ Opinion:

  • [By Motley Fool Transcribing]

    Limelight Networks (NASDAQ:LLNW) Q2 2018 Earnings Conference CallJul. 19, 2018 4:30 p.m. ET

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

    Operator

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Limelight Networks (LLNW)

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

  • [By Steve Symington]

    Shares of Limelight Networks Inc. (NASDAQ:LLNW) jumped 25.5% in April, according to data from S&P Global Market Intelligence, after the digital content-delivery specialist announced significantly stronger-than-expected first-quarter results.

  • [By Anders Bylund]

    Shares of Limelight Networks (NASDAQ:LLNW) rose as much as 11.9% on Monday morning, following a rosy research note from analyst firm Craig-Hallum. By noon EDT, the stock had cooled down to a 9.1% increase over Friday’s closing price.

  • [By Lisa Levin] Gainers
    AGM Group Holdings Inc. (NASDAQ: AGMH) shares climbed 30.3 percent to $11.05 after climbing 34.60 percent on Thursday.
    Limelight Networks, Inc. (NASDAQ: LLNW) jumped 21.2 percent to $4.9699 following a first-quarter earnings beat. The company also raised its fiscal 2018 estimates.
    Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) shares climbed 18.8 percent to $7.89 after reporting strong Q1 earnings.
    Farmers Capital Bank Corp (NASDAQ: FFKT) gained 15.4 percent to $48.75. WesBanco Inc (NASDAQ: WSBC) announced an agreement and plan of merger with Farmers Capital Bank Corporation.
    TransUnion (NYSE: TRU) climbed 10.2 percent to $66.76 after the company posted upbeat Q1 results and issued a strong forecast for the second quarter. TransUnion announced plans to acquire Callcredit.
    Myomo, Inc. (NYSE: MYO) shares gained 9.2 percent to $3.9299 after rising 8.11 percent on Thursday.
    Pinnacle Foods Inc (NYSE: PF) gained 8.8 percent to $60.04 after a 13-D filing from Jana Partners showed an increased stake in the comapny, from 1.42 million shares at the end of last quarter to 10.83 million shares, or a 9.3-percent stake.
    Associated Banc-Corp (NYSE: ASB) shares climbed 8.8 percent to $26.70 following upbeat Q1 earnings.
    OFG Bancorp (NYSE: OFG) gained 8.5 percent to $12.80 after reporting Q1 results.
    Cleveland-Cliffs Inc. (NYSE: CLF) climbed 7.5 percent to $7.73 following Q1 results.
    Seaspan Corporation (NYSE: SSW) shares climbed 6.7 percent to $7.50. Deutsche Bank upgraded Seaspan from Hold to Buy.
    General Electric Company (NYSE: GE) shares rose 4.6 percent to $14.63 after the company reported better-than-expected earnings for its first quarter.
    Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) rose 4.3 percent to $47.80. Biogen and Ionis have expanded their strategic collaboration to develop drug candidates for a broad range of neurological diseases.

    Check out these big penny stock gainers and losers

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

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

Top 5 Blue Chip Stocks To Watch Right Now: Applied Genetic Technologies Corporation(AGTC)

Advisors’ Opinion:

  • [By Ethan Ryder]

    News articles about Applied Genetic Technologies (NASDAQ:AGTC) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press 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. Applied Genetic Technologies earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media headlines about the biotechnology company an impact score of 45.8761095143233 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

  • [By ]

    1. Applied Genetic Technologies (Nasdaq: AGTC)
    Over the last week, this stock just exploded higher with massive upside momentum. Hitting resistance at $7.00 per share, my play on this one is to enter longs on a break out above $7.00 per share.

  • [By Stephan Byrd]

    News headlines about Applied Genetic Technologies (NASDAQ:AGTC) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Genetic Technologies earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the biotechnology company an impact score of 46.4149815454551 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Top 5 Stocks To Buy For 2019

Media coverage about Pareteum (NASDAQ:TEUM) has been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news 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. Pareteum earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.7443114638008 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of NASDAQ:TEUM traded down $0.08 during trading on Thursday, reaching $2.78. The company had a trading volume of 1,937,500 shares, compared to its average volume of 2,353,299. Pareteum has a 12 month low of $0.54 and a 12 month high of $3.59.

Top 5 Stocks To Buy For 2019: MercadoLibre Inc.(MELI)

Advisors’ Opinion:

  • [By Danny Vena]

    MercadoLibre, Inc. (NASDAQ:MELI) had a banner year in 2017, and things were looking up to start off 2018. When the company released its fourth-quarter financial results in February, it reported revenue of $437 million, up 70% year over year in U.S. dollars and almost doubling in local-currency terms. It also announced that it would be deconsolidating the results of its Venezuelan subsidiary, which had long been a drag on its financials due to persistent currency devaluations and spiraling hyperinflation. After doubling last year, MercadoLibre’s stock had gained over 30% again by early March.

  • [By Danny Vena]

    For investors in MercadoLibre (NASDAQ:MELI), the leading e-commerce platform in Latin America, it was difficult to decipher the results for its just completed first quarter. The company’s reported net revenue of $321 million, an increase of just 19% year over year, was below analysts’ expectations and significantly lower than the stellar growth rates investors have come to expect. Bottom-line results were even worse, with a loss per share of $0.29, compared to gain of $1.10 in the prior-year quarter.

  • [By Danny Vena]

    Until recently, it seemed MercadoLibre (NASDAQ:MELI) could do no wrong. The company was reporting enviable financial and operational metrics, and the stock was hitting all-time highs. Then, something happened on the way to the online sale.

  • [By Ethan Ryder]

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

    Get Mercadolibre alerts:

    Insider Buying: Mercadolibre Inc (MELI) Director Acquires 1,708 Shares of Stock (americanbankingnews.com) MercadoLibre’s Recent Financials Mask Operational Growth (seekingalpha.com) Mercadolibre Inc (MELI) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com) If Its Growth Is So Fabulous, Why Is MercadoLibre Stock Falling? (fool.com) The “Amazon” of Latin America (fool.com)

    Shares of Mercadolibre stock traded down $0.23 on Friday, reaching $314.70. The stock had a trading volume of 1,539,558 shares, compared to its average volume of 725,705. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.25. Mercadolibre has a 1 year low of $217.06 and a 1 year high of $417.91. The company has a market cap of $13.46 billion, a P/E ratio of 124.39 and a beta of 2.08.

  • [By Motley Fool Staff]

    As this episode drops, we are three years into that very first sampler, which he dubbed simply “Five Stocks for the Next Five Years.” The picks were Activision Blizzard (NASDAQ:ATVI), Casey’s General Stores (NASDAQ:CASY), FireEye (NASDAQ:FEYE), MercadoLibre (NASDAQ:MELI), and Middleby (NASDAQ:MIDD) — and we’ll tell you up front that at this stage, David’s far from batting a thousand on the set.

Top 5 Stocks To Buy For 2019: ING Group, N.V.(ISP)

Advisors’ Opinion:

  • [By Logan Wallace]

    Jefferies Financial Group set a €2.05 ($2.38) target price on Intesa Sanpaolo (BIT:ISP) in a report published on Tuesday. The brokerage currently has a neutral rating on the stock.

  • [By Stephan Byrd]

    Goldman Sachs Group set a €2.90 ($3.37) price target on Intesa Sanpaolo (BIT:ISP) in a report published on Wednesday. The firm currently has a neutral rating on the stock.

  • [By Max Byerly]

    Intesa Sanpaolo (BIT:ISP) received a €3.00 ($3.53) price target from stock analysts at HSBC in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. HSBC’s target price points to a potential downside of 2.60% from the stock’s current price.

  • [By Stephan Byrd]

    Intesa Sanpaolo (BIT:ISP) received a €2.90 ($3.37) price target from research analysts at Deutsche Bank in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock.

Top 5 Stocks To Buy For 2019: TD Ameritrade Holding Corporation(AMTD)

Advisors’ Opinion:

  • [By Logan Wallace]

    TD Ameritrade (NASDAQ:AMTD) announced a quarterly dividend on Monday, April 23rd, RTT News reports. Shareholders of record on Tuesday, May 8th will be paid a dividend of 0.21 per share by the financial services provider on Tuesday, May 22nd. This represents a $0.84 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, May 7th.

  • [By Jordan Wathen]

    The discount broker now has its sights set on a larger demographic of investors who use exchange-traded funds (ETFs) to invest. Firstrade rolled out commission-free trades on more than 700 ETFs, including some popular ETFs from issuers like Vanguard, which are hard to find in fee-free form after they were culled from TD Ameritrade’s (NASDAQ:AMTD) list of commission-free ETFs last year.

  • [By ]

    Darn hard to not like the numbers out of Action Alerts PLUS holding JPMorgan & Chase (JPM) . Profits up nicely in all segments vs. the fourth quarter. Big year-over-year spikes in return on assets and equity from a year ago. Trading revenue up thanks to the return of volatility in the first quarter (can’t wait to see the blowout quarters from TD Ameritrade (AMTD) and Schwab (SCHW) ). Good card revenue growth from the fourth-quarter bodes well for retailer’s first-quarter results.

Top 5 Stocks To Buy For 2019: Applied Genetic Technologies Corporation(AGTC)

Advisors’ Opinion:

  • [By ]

    1. Applied Genetic Technologies (Nasdaq: AGTC)
    Over the last week, this stock just exploded higher with massive upside momentum. Hitting resistance at $7.00 per share, my play on this one is to enter longs on a break out above $7.00 per share.

  • [By Stephan Byrd]

    News headlines about Applied Genetic Technologies (NASDAQ:AGTC) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Genetic Technologies earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the biotechnology company an impact score of 46.4149815454551 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

  • [By Ethan Ryder]

    News articles about Applied Genetic Technologies (NASDAQ:AGTC) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press 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. Applied Genetic Technologies earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media headlines about the biotechnology company an impact score of 45.8761095143233 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Top 5 Stocks To Buy For 2019: Aerojet Rocketdyne Holdings, Inc. (AJRD)

Advisors’ Opinion:

  • [By Rich Smith]

    Aerojet Rocketdyne (NYSE:AJRD) stock lost 12% of its value in the two days after the company reported earnings  for the first quarter of 2018 — a miss, and its third such miss in a row, according to data from Yahoo! Finance . Since that report and subsequent drop, however, Aerojet Rocketdyne has come roaring back, recovering all of its losses, and even adding a bit more.

  • [By Rich Smith]

    On the one hand, faced with the prospect of American companies inventing a new rocket engine to power United Launch Alliance (ULA) Atlas V rockets, Russia’s space agency has thrown shade on America’s space industry. American engines are overpriced, says Mr. Komarov. And they’re of worse quality than rocket engines made in Russia — the implication being that ULA should buy Russian RD-180 engines instead of new engines from Blue Origin or Aerojet Rocketdyne (NYSE:AJRD).

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Aerojet Rocketdyne (AJRD)

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

  • [By Rich Smith]

    In fact, Boeing and Lockheed Martin look to be two-time winners, as the second largest bump in funding is going to help pay for deep space missions, and to NASA’s Orion crew vehicle and Space Launch System (SLS), which are designed to carry them. Orbital ATK (soon to be absorbed into Northrop Grumman) and Aerojet Rocketdyne (NYSE:AJRD) are other key players on the SLS project. Congress wants to pour an additional $294 million into this program, funding it with $5.1 billion next year.

  • [By Rich Smith]

    One logical choice to build this replacement engine was engine-maker Aerojet Rocketdyne (NYSE:AJRD), which builds the engines for ULA’s larger Delta IV rockets. But in an effort to cut costs, ULA also invited Blue Origin to bid on the project, introducing some price competition and innovative thinking into the engine competition.