Whether you’re a newbie who just watched The Wolf of Wall Street or you’re a seasoned trader whose previous fliers on penny stocks have burned one too many holes in your pocket, the story is the same — stay away from penny stocks.
Penny stocks (classified by the SEC as anything trading under $5) are among the more volatile securities you’ll ever come across. There are a few reasons for that, not the least of which is that their low prices confuse many would-be investors. Remember, just because it trades for a dollar doesn’t mean that it’s a cheap stock.
Consider Lifeway Foods (NASDAQ:LWAY), which trades for a mere $3.60. Compare that to Danone (OTCMKTS:DANOY), trading at $15.46. Lifeway certainly appears cheaper, but with a price-to-earnings (P/E) ratio of 57 versus Danone’s P/E of 15, you’re actually paying a premium for LWAY stock.
That tiny price tag also makes penny stocks more susceptible to scammers and wild swings in price. All of this is not to say that buying penny stocks can’t go your way, but the odds are stacked against you.
Top 5 Low Price Stocks For 2019: Federal Agricultural Mortgage Corporation(AGM)
Advisors’ Opinion:
- [By Stephan Byrd]
Here are some of the headlines that may have impacted Accern’s rankings:
Get Federal Agricultural Mortgage alerts:
Zacks: Federal Agricultural Mortgage Co. (AGM) Given Average Rating of “Strong Buy” by Analysts (americanbankingnews.com) Federal Agricultural Mortgage Co. (AGM) Announces $0.58 Quarterly Dividend (americanbankingnews.com) Federal Agricultural Mortgage Corporation: Farmer Mac Declares Dividends and Announces Conference Call for First Quarter 2018 Results (twst.com) Federal Agricultural Mortgage (AGM) Set to Announce Earnings on Tuesday (americanbankingnews.com)
Federal Agricultural Mortgage stock opened at $87.14 on Monday. The company has a market capitalization of $925.08, a PE ratio of 14.17 and a beta of 1.18. Federal Agricultural Mortgage has a twelve month low of $54.51 and a twelve month high of $92.57. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 2.87.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Federal Agricultural Mortgage Corp. Class C (AGM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
BlueMountain Capital Management LLC lessened its holdings in Federal Agricultural Mortgage Corp. Class C (NYSE:AGM) by 33.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,700 shares of the credit services provider’s stock after selling 2,840 shares during the period. BlueMountain Capital Management LLC’s holdings in Federal Agricultural Mortgage Corp. Class C were worth $510,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Shane Hupp]
Media headlines about Federal Agricultural Mortgage Corp. Class C (NYSE:AGM) have been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive media 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 one, with scores nearest to one being the most favorable. Federal Agricultural Mortgage Corp. Class C earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 46.6079928540378 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
- [By Logan Wallace]
Boston Advisors LLC acquired a new stake in Federal Agricultural Mortgage Corp. Class C (NYSE:AGM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 42,148 shares of the credit services provider’s stock, valued at approximately $3,771,000.
- [By Motley Fool Transcribers]
Federal Agricultural Mortgage Corp (NYSE:AGM)Q4 2018 Earnings Conference CallFeb. 21, 2019, 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 5 Low Price Stocks For 2019: BlackRock, Inc.(BLK)
Advisors’ Opinion:
- [By Garrett Baldwin]
I learned my lesson, so I only attend a conference if one speaker is on the schedule: BlackRock Inc. (NYSE: BLK) CEO Larry Fink.
BlackRock is a world-class money manager and owns a lot of great stocks. But what it’s really good at, what I’m interested in, is generating fees for itself.
- [By ]
Why was the market so bullish? Cramer said it started with strong earnings from Blackrock (BLK) , up 1.4%, Delta Air Lines (DAL) , up 2.9% and strong same-store sales from Costco (COST) which sent that stock up 2.2%.
- [By Jim Robertson]
Near the end of January, Enphase Energy repaid in full its senior secured term loan with Tennenbaum Capital Partners, LLC (TCP), an indirect, wholly-owned subsidiary of BlackRock (NYSE:BLK). The repayment includes a principal amount of approximately $39.5 million (plus accrued interest and fees) and the repayment will lead to the removal of liens on all of the Company’s assets.
- [By Matthew Frankel, Jordan Wathen, and Dan Caplinger]
With that in mind, here’s why three of our contributors think Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), Oaktree Capital (NYSE:OAK), and BlackRock (NYSE:BLK) are excellent penny stock alternatives.
Top 5 Low Price Stocks For 2019: Macy's Inc(M)
Advisors’ Opinion:
- [By Taylor Cox]
Notable Earnings
Macy’s, Inc (NYSE: M) Q1 premarket
Cisco Systems, Inc (NASDAQ: CSCO) Q3 after hoursInvestor Events
IPO/offering lockup expirations for SailPoint Technologies Holdings, Inc (NYSE: SAIL) and Stitch Fix, Inc (NASDAQ: SFIX)
Starbucks China investor day
Wyndham Worldwide Corporation (NYSE: WYN) investor meetingThursday
Economic - [By ]
Meanwhile, Eade was pleased with Macy’s (M) latest results, which posted same store sales growth of 4.2%, topping estimates of 1.4%.
For exclusive investing insight from Jim Cramer, get 24/7 access to Jim’s charitable trust portfolio with a free trial to Action Alerts PLUS!
- [By Max Byerly]
Macy’s Inc (NYSE:M)’s share price rose 0.9% on Wednesday . The stock traded as high as $40.28 and last traded at $39.44. Approximately 633,779 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 12,534,731 shares. The stock had previously closed at $39.80.
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Macy's, Inc. (NYSE: M) to report quarterly earnings at $0.35 per share on revenue of $5.39 billion before the opening bell. Macy's shares fell 0.47 percent to $29.79 in after-hours trading.
Analysts are expecting Cisco Systems, Inc. (NASDAQ: CSCO) to have earned $0.65 per share on revenue of $12.43 billion in the latest quarter. Cisco will release earnings after the markets close. Cisco shares declined 0.07 percent to $45.45 in after-hours trading.
Boot Barn Holdings Inc (NYSE: BOOT) reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance. Boot Barn shares climbed 9.97 percent to $24.15 in the after-hours trading session.
After the markets close, Flowers Foods, Inc. (NYSE: FLO) is projected to post quarterly earnings at $0.31 per share on revenue of $1.20 billion. Flowers Foods shares dropped 0.37 percent to $21.70 in after-hours trading.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Macy’s, Inc. (NYSE: M) which rose about 4% to $29.00. The stock’s 52-week range is $17.41 to $31.04. Volume was nearly 11 million compared to the daily average volume of 11 million.
- [By Chris Johnson]
Although several big names have already had their turn in the earnings confessional – including Walmart Inc. (NYSE: WMT), Macy’s Inc. (NYSE: M), and Home Depot Inc. (NYSE: HD) – this week has a respectable lineup with the likes of Kohl’s Corp. (NYSE: KSS), Lowe’s Companies Inc. (NYSE: LOW), and Target Corp. (NYSE: TGT).
Top 5 Low Price Stocks For 2019: German American Bancorp, Inc.(GABC)
Advisors’ Opinion:
- [By Logan Wallace]
German American Bancorp, Inc. (NASDAQ:GABC) – Research analysts at FIG Partners increased their FY2018 earnings estimates for German American Bancorp in a research report issued to clients and investors on Wednesday, May 2nd. FIG Partners analyst B. Martin now anticipates that the bank will post earnings of $2.02 per share for the year, up from their prior estimate of $2.00.
Top 5 Low Price Stocks For 2019: Carter's, Inc.(CRI)
Advisors’ Opinion:
- [By Chris Hill]
Gross: All right. If little baby Argersinger is going to be a snappy dresser like his dad, I’ve got to go back to Carter’s (NYSE:CRI), CRI, the leading manufacturer of children’s clothing in the U.S. under names like Carter’s and OshKosh B’gosh. As I said, they’re the dominant player here. They’ve performed well over multiple market cycles, 2.2% dividend yield, buys back a ton of stock. They’re digesting the Toys R Us bankruptcy, and there are some China trade issues here, so the stock has suffered, but that makes it awfully cheap.
- [By Steve Symington]
Carter’s Inc. (NYSE:CRI) announced first-quarter 2018 results on Thursday morning, detailing a strong performance in spite of the negative impact of the recent bankruptcy of Toy “R” Us on its large wholesale segment. Though shares initially fell almost 5% early on, Carter’s stock recovered to trade modestly higher by this afternoon.
- [By Max Byerly]
Wall Street analysts predict that Carter’s, Inc. (NYSE:CRI) will announce sales of $684.12 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Carter’s’ earnings, with the lowest sales estimate coming in at $680.20 million and the highest estimate coming in at $689.50 million. Carter’s posted sales of $692.12 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.2%. The firm is scheduled to report its next earnings results on Thursday, July 26th.
- [By Max Byerly]
Dimensional Fund Advisors LP grew its holdings in shares of Carter’s, Inc. (NYSE:CRI) by 2.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 450,812 shares of the textile maker’s stock after purchasing an additional 9,306 shares during the period. Dimensional Fund Advisors LP owned approximately 0.96% of Carter’s worth $46,930,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
Eagle Boston Investment Management Inc. boosted its holdings in Carter’s, Inc. (NYSE:CRI) by 15.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 155,087 shares of the textile maker’s stock after acquiring an additional 20,419 shares during the period. Carter’s accounts for about 1.6% of Eagle Boston Investment Management Inc.’s investment portfolio, making the stock its 10th largest position. Eagle Boston Investment Management Inc.’s holdings in Carter’s were worth $16,809,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Carter’s, Inc. (NYSE:CRI) has received an average rating of “Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $119.33.