Bears retained a tight grip on Dalal Street for the fourth day in a row on September 21, as the Nifty 50 – after gap up opening – fell sharply in the afternoon and broke crucial support of 11,000, but managed to pull back some losses in the latter part of the session to close off the day’s low.
The free fall in Yes Bank after RBI’s decision to end Rana Kapoor’s term as CEO, and impact of the weakness in the rupee and hardening bond yield, started reflecting on NBFCs as sentiments were hit across sectors.
The Nifty Midcap index dropped 2.5 percent while Nifty Bank was down 2.6 percent and Realty lost 3.5 percent followed by auto, financial service and pharma.
The Nifty 50 started the day on a strong note at 11,271.30 and hit the day’s high of 11,346.80 following positive global cues, and due to short covering, but suddenly crashed in the afternoon to break the 11,000-mark and hit an intraday low of 10,866.45, which last seen on July 9, showing a loss of 368 points intraday.
Top 10 High Tech Stocks To Watch For 2019: Allison Transmission Holdings, Inc.(ALSN)
Advisors’ Opinion:
- [By Max Byerly]
Oppenheimer Asset Management Inc. purchased a new position in Allison Transmission (NYSE:ALSN) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,081 shares of the auto parts company’s stock, valued at approximately $238,000.
- [By Joseph Griffin]
ARP Americas LP lowered its stake in shares of Allison Transmission (NYSE:ALSN) by 8.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,497 shares of the auto parts company’s stock after selling 1,400 shares during the quarter. ARP Americas LP’s holdings in Allison Transmission were worth $566,000 at the end of the most recent quarter.
- [By Motley Fool Transcribers]
Allison Transmission Holdings Inc (NYSE:ALSN)Q4 2018 Earnings Conference CallFeb. 26, 2019, 8:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
Allison Transmission (NYSE:ALSN) – Investment analysts at Oppenheimer increased their FY2018 earnings per share (EPS) estimates for Allison Transmission in a research note issued on Monday, April 30th. Oppenheimer analyst I. Zaffino now expects that the auto parts company will post earnings of $3.79 per share for the year, up from their previous forecast of $3.32. Oppenheimer also issued estimates for Allison Transmission’s FY2019 earnings at $4.16 EPS.
Top 10 High Tech Stocks To Watch For 2019: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)
Advisors’ Opinion:
- [By Stephan Byrd]
Media headlines about Herzfeld Caribbean Basin Fund, Inc. common stock (NASDAQ:CUBA) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herzfeld Caribbean Basin Fund, Inc. common stock earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 48.5554072096128 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Top 10 High Tech Stocks To Watch For 2019: InnerWorkings, Inc.(INWK)
Advisors’ Opinion:
- [By Garrett Baldwin]
Shares of Ford Motor Co. (NYSE: F) were flat despite dismal news out of China. This morning, the company reported a 38% slump in Chinese sales during the month of June. It was a terrible first six months for the iconic vehicle manufacturer. The company said that its Chinese operations saw a 25% slide in sales over the first half of the year. That was the largest six-month decline since launching its Chinese operations in 2001. Shares of Tesla Inc. (Nasdaq: TSLA) are off more than 1% after California regulators announced a new probe into the company. The probe was announced following a safety complaint filed with the Occupational Safety and Health Administration. The agency has not provided any details on the case. Shares of Biogen Inc. (Nasdaq: BIIB) popped more than 14% after the company announced positive results from a trial for an Alzheimer’s drug. The phase 2 study examined BAN2401, an anti-amyloid beta protofibril antibody. It was tested on 856 patients with early stages of Alzheimer’s disease. In a research note, JPMorgan Chase & Co. (NYSE: JPM) announced that the results would be positive for Biogen’s drug pipeline. Look for an earnings report Friday from InnerWorkings Inc. (Nasdaq: INWK). Wall Street projects that the company will report earnings per share of $0.09 on top of $284.9 million in revenue.
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- [By Logan Wallace]
Get a free copy of the Zacks research report on InnerWorkings (INWK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
InnerWorkings, Inc. (NASDAQ:INWK) – Equities researchers at Dougherty & Co issued their Q3 2018 earnings estimates for InnerWorkings in a research report issued on Tuesday, August 21st. Dougherty & Co analyst R. Department expects that the business services provider will earn $0.10 per share for the quarter.
- [By Joseph Griffin]
Shares of InnerWorkings, Inc. (NASDAQ:INWK) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $14.00.
- [By Ethan Ryder]
Total System Services (NYSE: TSS) and InnerWorkings (NASDAQ:INWK) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, valuation, dividends and earnings.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on InnerWorkings (INWK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 High Tech Stocks To Watch For 2019: Park-Ohio Holdings Corp.(PKOH)
Advisors’ Opinion:
- [By Logan Wallace]
Park-Ohio (NASDAQ: PKOH) and Shiloh Industries (NASDAQ:SHLO) are both small-cap industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, analyst recommendations, valuation, institutional ownership and earnings.
- [By Stephan Byrd]
Park-Ohio (NASDAQ: PKOH) and Materion (NYSE:MTRN) are both small-cap industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, institutional ownership, dividends, risk, analyst recommendations, earnings and valuation.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Park-Ohio (PKOH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Shiloh Industries (NASDAQ: SHLO) and Park-Ohio (NASDAQ:PKOH) are both small-cap basic materials companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, earnings and dividends.
- [By Motley Fool Transcribers]
Park-Ohio Holdings Corp (NASDAQ:PKOH)Q4 2018 Earnings Conference CallMarch 05, 2019, 10:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 10 High Tech Stocks To Watch For 2019: Treehouse Foods, Inc.(THS)
Advisors’ Opinion:
- [By Stephan Byrd]
TechShares (CURRENCY:THS) traded flat against the dollar during the twenty-four hour period ending at 0:00 AM E.T. on May 22nd. One TechShares coin can currently be purchased for about $0.32 or 0.00003830 BTC on exchanges. Over the last week, TechShares has traded 3.8% higher against the dollar. TechShares has a market capitalization of $0.00 and approximately $0.00 worth of TechShares was traded on exchanges in the last day.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on TreeHouse Foods (THS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Shares of TreeHouse Foods Inc. (NYSE:THS) have been assigned a consensus recommendation of “Hold” from the nineteen ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $48.46.
Top 10 High Tech Stocks To Watch For 2019: Cogentix Medical, Inc.(CGNT)
Advisors’ Opinion:
- [By Joseph Griffin]
Aradigm (NASDAQ:ARDM) and Vision Sciences (NASDAQ:CGNT) are both small-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.
- [By Joseph Griffin]
News coverage about Vision Sciences (NASDAQ:CGNT) has trended somewhat positive on Friday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vision Sciences earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news headlines about the medical device company an impact score of 43.7920504117832 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Top 10 High Tech Stocks To Watch For 2019: CGI Group, Inc.(GIB)
Advisors’ Opinion:
- [By Ethan Ryder]
Booz Allen Hamilton (NYSE: BAH) and CGI Group (NYSE:GIB) are both business services companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.
- [By Logan Wallace]
Get a free copy of the Zacks research report on CGI (GIB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on CGI Group (GIB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on CGI Group (GIB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
CGI Group (NYSE: GIB) and Information Services Group (NASDAQ:III) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.
- [By Ethan Ryder]
CGI (TSE:GIB.A) (NYSE:GIB) had its target price raised by stock analysts at Barclays from C$83.00 to C$89.00 in a report issued on Thursday. Barclays’ price objective points to a potential upside of 7.04% from the stock’s previous close.
Top 10 High Tech Stocks To Watch For 2019: Qualys, Inc.(QLYS)
Advisors’ Opinion:
- [By ]
In the Lightning Round, Cramer was bullish on Align Technology (ALGN) , Regions Financial (RF) , Edwards Lifesciences (EW) , Qualys (QLYS) and HEICO (HEI) .
- [By Max Byerly]
Get a free copy of the Zacks research report on Qualys (QLYS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Jon C. Ogg]
Qualys Inc. (NASDAQ: QLYS) was up 1.7% at $96.41 ahead of earnings, but the guidance had the shares down almost 16% at $81.00 on Wednesday morning. JPMorgan downgraded it to Underweight from Neutral and cut the price target to $82 from $90. Wedbush maintained its Outperform rating with a $95 price target, but noted that guidance was nothing to write home about and addresses whether guidance was conservative or if there is a slowing demand.
- [By Motley Fool Transcribers]
Qualys Inc (NASDAQ:QLYS)Q4 2018 Earnings Conference CallFeb. 12, 2019, 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Joseph Griffin]
Fiera Capital Corp lessened its position in Qualys Inc (NASDAQ:QLYS) by 11.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 118,581 shares of the software maker’s stock after selling 15,347 shares during the quarter. Fiera Capital Corp owned approximately 0.30% of Qualys worth $8,627,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Goodman Financial Corp boosted its stake in shares of Qualys Inc (NASDAQ:QLYS) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,755 shares of the software maker’s stock after buying an additional 1,235 shares during the quarter. Qualys accounts for about 3.3% of Goodman Financial Corp’s holdings, making the stock its 9th biggest holding. Goodman Financial Corp owned approximately 0.22% of Qualys worth $7,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Top 10 High Tech Stocks To Watch For 2019: Terra Nitrogen Company L.P.(TNH)
Advisors’ Opinion:
- [By Logan Wallace]
Media stories about Terra Nitrogen (NYSE:TNH) have been trending somewhat negative this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Terra Nitrogen earned a news impact score of -0.02 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46.8553415416776 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
- [By Joseph Griffin]
Evogene (NASDAQ: EVGN) and Terra Nitrogen (NYSE:TNH) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, earnings, dividends and institutional ownership.
Top 10 High Tech Stocks To Watch For 2019: Kirby Corporation(KEX)
Advisors’ Opinion:
- [By Stephan Byrd]
New York State Teachers Retirement System reduced its stake in Kirby Co. (NYSE:KEX) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,035 shares of the shipping company’s stock after selling 1,500 shares during the quarter. New York State Teachers Retirement System owned about 0.16% of Kirby worth $8,112,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Here are some of the news articles that may have effected Accern’s rankings:
Get Kirby alerts:
Vanessa Kirby doesn’t feel famous (msn.com) Investors Purchase Large Volume of Kirby Put Options (KEX) (americanbankingnews.com) ‘The Crown’s’ Vanessa Kirby Joins Dwayne Johnson in ‘Fast and Furious’ Spinoff (EXCLUSIVE) (msn.com) Noteworthy Monday Option Activity: MDXG, VMW, KEX (nasdaq.com) Kirby Corporation To Announce 2018 Second Quarter Results On July 25, 2018 With Conference Call On July 26, 2018 (finance.yahoo.com)
A number of analysts have commented on the company. Stifel Nicolaus boosted their target price on Kirby from $96.00 to $103.00 and gave the stock a “buy” rating in a research report on Friday, May 25th. Zacks Investment Research upgraded Kirby from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a research report on Wednesday, May 2nd. Wells Fargo & Co boosted their target price on Kirby from $89.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 1st. ValuEngine downgraded Kirby from a “buy” rating to a “hold” rating in a research report on Monday. Finally, OTR Global upgraded Kirby to a “positive” rating in a research report on Thursday, March 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Kirby has an average rating of “Hold” and a consensus target price of $86.44.
- [By Max Byerly]
Swiss National Bank increased its stake in shares of Kirby Co. (NYSE:KEX) by 18.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,057 shares of the shipping company’s stock after purchasing an additional 4,000 shares during the quarter. Swiss National Bank’s holdings in Kirby were worth $2,005,000 at the end of the most recent quarter.
- [By Logan Wallace]
Kirby (NYSE: KEX) and Teekay Tankers (NYSE:TNK) are both transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, dividends, valuation and profitability.
- [By Logan Wallace]
Kirby Co. (NYSE:KEX) was the recipient of some unusual options trading on Thursday. Stock traders purchased 807 put options on the company. This is an increase of approximately 1,394% compared to the average daily volume of 54 put options.
- [By Joseph Griffin]
Connor Clark & Lunn Investment Management Ltd. bought a new position in Kirby Co. (NYSE:KEX) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,325 shares of the shipping company’s stock, valued at approximately $696,000.