Tag Archives: ETSY

The Jobs Report, Some Earnings News, and a Chat With Fiverr's CEO

The stock market hits a record high on a stronger-than-expected jobs report. Square (NYSE:SQ) announces plans to buy Australian fintech company Afterpay for $29 billion in stock. Etsy (NASDAQ:ETSY) reports earnings and Weber Grill (NYSE:WEBR) makes its public market debut. In this episode of Motley Fool Money, Motley Fool analysts Ron Gross and Jason Moser discuss those stories and weigh in on the latest from Cloudflare (NYSE:NET). They also share the stocks on their radar. Plus, we revisit our July interview with Fiverr International (NYSE:FVRR) CEO Micha Kaufman and talk about the future of work.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.

This video was recorded on Aug. 6, 2021.

Chris Hill: We’ve got the latest headlines from Wall Street. We’ve got a conversation with Fiverr CEO Micha Kaufman. As always, we’ve got a couple of stocks on our radar. But we begin this week with the big macro. The U.S. economy added 943,000 new jobs in July. The reports for May and June were revised to add an additional 119,000 jobs and the unemployment rate fell from 5.9% to 5.4%. That is a big drop for a single month.

Ron Gross: Not too shabby, two strong months in a row. I think this is really positive. Job gains, perhaps not surprisingly, were strongest in leisure and hospitality. As people get back to work, added 380,000 positions, 253,000 of those came in bars and restaurants. Again, people coming back to work where they’re badly needed. Those industries have been really labor constrained for a while. Next was government jobs, then professional and business services. The wider unemployment metric that we sometimes talk about known as U-6, that fell pretty sharply to 9.2% from 9.8. The Fed is targeting 4.5% for the general unemployment rate. As you said, we’re at 5.4% now. I think the Fed believes we’re on target for something in the mid-fours next year. That would be pretty exciting and approaching full employment. I think it’s likely the Fed will start to taper their bond buying program later this year, if things stay on course. Ten-year interest rates ticked up on this news, the tech-heavy Nasdaq was down on Friday probably as a result of a concern over higher interest rates. I’ll just add that the stock market’s a funny thing. Everyone wants a stronger economy, but strong economic data will cause the Fed to ease up on its stimulus policies and that will hurt stocks and people don’t like that. It’s hard to know what people are actually rooting for. I hope it’s a strong economy.

Hill: Yeah. There absolutely is that situation where people are like, “Oh, we want the economy to come back,” and then you get news like this and stocks are, it’s like, “No, not like that, not when it affects my stocks.”

Gross: Exactly. Delta obviously is the wildcard here. I am concerned, but not panicked. I think our economy is going to get through that.

Hill: The war on cash just got more interesting. Square is buying Afterpay, the Australian payments company, for $29 billion in stock. Despite that dilution, Jason, shares of Square are up 12% this week. That’s a nice big jump considering how much they paid for Afterpay.

Jason Moser: Yeah. You said the D-word there, dilution. It is something that’s going to impact that share count by close to 25%. I think the skeptic probably looks at this deal and thinks that Square is overpaying for what really just amounts to a feature. The optimist, the glass-half-full investor probably looks at this and says, “Well, sometimes it’s easier to buy it as opposed to building it.” Maybe in this case, that makes more sense for Square. I think for Square, this is a combination of buying it being easier than building it and ultimately, time being of the essence. I feel like they felt like they needed to get this deal done sooner rather than later. Hence, the inflated offer — $29 billion, that puts Afterpay around 60 times gross profit. That obviously is not a cheap multiple. But I will say, at least the business is showing signs of success. This is a business that’s grown revenue from $189 million in 2019 to $693 million in 2021. Gross merchandise volume went from $3.7 billion to $15.8 billion in the same period. Very similar cultures, very similar purposes. Yes, I think you would succeed in arguing that maybe Square overpaid for this. But by the same token, I think it’s understandable why they did. Ultimately, I think this could be a nice added feature to the Cash App. Then that’s ultimately what this really is all about, is building out that Cash App capability so that consumers and merchants alike have as many decisions and options as possible.

Hill: Somewhat overlooked in all this news is that Square also came out with their second-quarter report. Anything in particular stands out to you?

Moser: Nothing in particular. It does feel like it’s just steady as she goes here with this business and that’s a good thing. It is really all about sellers and the Cash App. But if you look at numbers, total net revenue was $4.68 billion. That was up 143% from a year ago. Now, clearly we’re coming from a tough time a year ago. There is a rebound factor there. If you exclude Bitcoin, which I think we always should do in this case with Square, net revenue for the quarter was $1.96 billion. That was still up 87% from a year ago. Cash App continues to deliver strong growth. It generated $3.33 billion of revenue and $546 million of gross profit. Gross payment volume for Square this quarter rose 88% to $42.8 billion, nearly 4.5 million customers. This was an interesting stat I saw. Nearly 4.5 million customers held a stock or an ETF in the second quarter alone via the Cash App. That was up more than three times from a year ago. Again, going back to the capability that they are introducing, that Cash App, which is now reaching over 40 million monthly transacting customers. There are just a lot of things going on with this business. But they all really come back to building out the capability and the functionality of that Cash App. Again, merchants and consumers have as many options as possible.

Hill: Shares of Etsy fell 10% after its second-quarter report showed profits higher than expected, and revenue growth of 23%. There’s a lot going right for Etsy, Ron, but this is another one of those times when the guidance outweighed the results.

Gross: Yes, agreed. They definitely beat expectations, but investors are focused on the less than expected number of active buyers and what may be on the horizon in the future. I think it’s essential to remember that Etsy benefited from a huge pull forward of buyers during the pandemic. In 2020, they acquired 38 million new buyers. That’s nearly two times the number of new buyers acquired in 2019. I don’t think it should be a surprise to investors that these numbers are slowing down. Overall, it was a solid quarter, consolidated gross merchandise sales, GMS, up 13%. If we remove the impact of lower demand for masks, the Etsy stand-alone business actually grew 31% year over year, on a two-year basis 153%. These are strong numbers. Consolidated revenue up 23%. As I said, new buyer growth slowed post-pandemic, but they did add 8 million new buyers. Again, I think investors wanted to see more than 8 million there. Net income up fractionally, up about 2%. But as you said, the guidance is a little bit troubling. The management said the comps get tougher as they progress through 2021. Again, I don’t think that necessarily should be a surprise, especially considering the anniversary of strong pandemic results, including the absence of really strong demand for masks and stimulus checks, which helped the business. But they’re doing what they need to do. They’re focusing on improving customer service, buying experiences. They made two strategic acquisitions in July. I think the business is on track and investors just need to make sure their expectations fit with reality.

Hill: Cloudflare hit an all-time high this week, but second-quarter results for the cybersecurity company had the stock falling a bit on Friday. Jason, Cloudflare is not profitable yet, but CEO Matthew Prince appears to be doing a nice job of making it clear to Wall Street analysts that he is taking a long-term approach to profitability.

Moser: You are absolutely right and to that point — to me, this company feels more like a must-own, given leadership’s drive and focus on innovation and creation. It’s a very Amazon-esque approach in that regard when it comes to profitability. The CEO, Matthew Prince, interestingly, he can be very critical of Amazon and its strategies when it comes to Amazon Web Services. But all in all, he still takes that very long-term approach and I think that’s going to work out very well for this business and investors. In regard to the numbers, revenue up 53% from a year ago to just over $152 million. Dollar-based net retention, 124%. That was up 900 basis points. Again, that tells us that not only are they keeping their customers, but they’re growing the services that they’re selling those customers. Speaking of customers, they continue to bring more of them through the door. They added roughly 140 large customers for the quarter, bringing that total to 1,088. Remember, those are customers who spend at least $100,000 or more with the business. It accounts for more than half of total revenue now. They are important. But even more interesting is their $1 million large customer cohort remains the fastest growing of those large customer cohorts. Again, speaking to growing those customer relationships over time, margins continue to improve. They’re seeing operating leverage playing out of the business there.

They landed a pretty sweet deal with the federal government, which is going to use Cloudflare Zero Trust solutions. Just back to your point in regard to patience and profitability, CEO and founder Matthew Prince said on the call that they have a long-term operating margin of 20%. When they get to that break-even status next year, they set that expectation this quarter that they are going to continue to reinvest in this business. They are not focused on just getting as profitable as quickly as possible. They have a lot of ideas and things they want to continue to build. This is going to be a business where they continue to use those profits to reinvest and grow. We’ve seen plenty of examples out there through the years where that works pretty well.

Hill: Shares of CVS Health basically flat this week despite the fact that second-quarter profits were higher than expected, and they raised guidance for the full fiscal year. Jason, CVS is planning to increase wages and invest more in their stores and digital platforms, and let’s face it, in the short term, that’s the kind of thing that can weigh a stock down a little bit.

Moser: Yeah, there’s no doubt about it. This hasn’t been the greatest investment over the past several years, but it is a business that’s been somewhat in transition, so we have to give them a little bit of credit there. They made a big acquisition, obviously, recently with that. I do feel like there are a couple of catalysts on the horizon that could help them. I think there will be some goodwill and some brand equity that comes from their role during the pandemic, and they’ve certainly been seen as a part of the solution in that regard. Further, I do think your point about the investments in digital, I think those are going to continue to pay off. Just to put a little context around that, management noted in the call that the digital retail customer spent 2.5 times more in their store, and also managed one-and-a-half times more prescriptions than non-digital, and they remain customers longer than non-digital patients. I think that we’re seeing a tangible impact of those investments in digital, which should work well for them further out. But yeah, to your point, they will be raising the minimum wage. That is something that will impact their cost structure. $600 million is the estimated labor costs over the next three years. All and all, it was a good quarter, revenue was up 11.1% versus the prior year, strength in all three major business segments, but the retail business segment grew the most, 14.2% growth there, driven primarily by prescription volume and COVID testing. It’s a bit of a sleeper there, but I feel like they’re making the right investments. There could be some better days ahead for CVS.

Hill: Big week for MercadoLibre, the leading e-commerce and fintech platform in Latin America. Second-quarter profits and revenue came in higher than expected, and Ron, the stock is still down from its high for the year, but up 12% this week.

Gross: Yeah, the stock was a little bit lackluster; two years up over 150%, so really strong there. They beat expectations on the top and the bottom lines. Unique active users grew by 47%, reaching almost 76 million. Gross merchandise volume up 46%, total payment volume up 50%, and total payment transactions increased 80%. These are obviously very strong numbers. The logistics business shipped 231 million items during the second quarter, that’s up 46%. This all translated into net revenue growth of 103% on a currency-neutral basis, that’s really strong results. The three main areas all put in pretty good results. Brazil, the weakest at 37% growth, Argentina, the best at 110%, and then Mexico at 96%. Gross margins took a bit of a hit, down 4.3% due to some costs associated with the expansion of logistics fulfillment centers, which is a good way to spend money. I think that’s necessary. They did improve sequentially. That’s great. Operating expenses, well controlled. This all boils down to a 67% increase in operating income. Very strong results, the stock’s reacting appropriately.

Hill: Wayfair’s second-quarter profits came in higher than expected. Shares of the online home furnishings retailer rose nearly 10% this week. Jason, Wayfair got a lot of people trying them for the first time during the pandemic, and you look at this quarter, it seems like they’ve done a nice job of keeping those new customers.

Moser: Amen to that. They’ve got a long track record now of doing just that, and it feels like this quarter, it was really a statement quarter. Whether the economy opened, the economy closed, pandemic, whatever is going on, this business should keep on doing well, and I think that’s what this quarter really proved. Management’s quite convinced that even with some short-term normalization regarding brick-and-mortar retail, as the economy reopens and people get back out, e-commerce share is doing nothing but gaining steam, and I think based on the numbers they lobbed up here this quarter, that’s proving out. CEO Niraj Shah noted on the call, consumer balance sheets are strong, interest in the home is not going away, even if there is some of the shorter-term normalization toward bricks and mortar. To those numbers, net revenue, $3.9 billion. It was actually down 10.4% from a year ago. But it’s worth noting, too, this is the toughest comp they’ve ever faced, based on what happened a year ago. Those sales numbers were dragged down a little bit by the U.S. There, those sales numbers in the U.S. were down 15.2% from a year ago. But it’s worth noting that revenue was up 11% sequentially. Gross margin, very strong, 29.3%. That’s versus 30.7% a year ago, and management’s longer-term target is still in the 27-28% range. But when you look at just the customer numbers, the retention numbers, active customers reached 31.1 million, that’s up 19.6% from a year-ago.

Trailing-12-month revenue per active customer, $478, that was up 8.6% from a year ago. That repeat customer business. Now repeat customers place 75.6% of total orders in the quarter versus 67.4% a year ago. Those are customers they don’t have to keep paying to acquire. It really has a big impact on this company’s financials as we’re seeing. It’s really interesting to see them in this new stage. They’re actually buying back stock. Maybe we’re seeing this company entering a new stage of its life cycle so to speak, where they have a little bit more confidence in how they invest those incremental dollars.

Hill: Shares of DraftKings up a bit this week after second-quarter profits and revenue for the sports betting company came in higher than expected. DraftKings also raised guidance for the full fiscal year. Maybe not a surprise, Ron, when you consider we’re just a month away from the start of the NFL season?

Gross: Yeah, everyone is excited for football season. Go Bucs. This is going to be a great season for sure. Strong quarter, beat expectations. Still not profitable, they’re building something here. As you said, they did raise revenue guidance. Some volatility in the stock. Investors may be wondering why. On Friday, they disclosed an investigation by the SEC concerning allegations over, ”Black market gaming and money laundering made by short-seller Hindenburg Research.” Again, short-seller, so take that with a grain of salt. We need to learn a little bit more as the SEC investigates. But the quarter was very strong, revenue up almost 300%, positively impacted by the return to a more normal sports schedule. They’re migrating to their proprietary in-house online sports betting technology. They expanded ties with Major League Baseball, with the NFL. They joined rival FanDuel and Caesars recently to become an official sports-betting partner of the NFL. They’re live in 12 states that collectively represent about 25% of the U.S. population. I expect that will increase over time as will this business and the results they put forth.

Hill: Feeling good about the Bucs repeating?

Gross: They’re in top 2.

Hill: For people starting a small business, finding reliable freelance help has been a longtime challenge, one that Micha Kaufman wanted to solve when he helped start Fiverr, an online marketplace for freelance services. Founded in Israel in 2010, Fiverr now operates in over 160 countries around the world. In addition to co-founder, Kaufman is also the CEO and chairman of the board. Motley Fool Chief Investment Officer Andy Cross talked with Kaufman recently about Fiverr’s platform, the company’s culture, and the aim of starting the business in the first place.

Micha Kaufman: The idea behind the company was really to make the experience of buying a digital service as easy as buying on Amazon. We really wanted to create an e-commerce experience. Now it’s easier said than done, because when you think about digital services, they’re very nuanced. There is no SKU system for digital services. We needed to create a technology that allows freelancers and agencies to productize their services so that they can be offered in a simple manner. The experience would be going to a catalog, you either browse by categories or you do a search. You see everything, you see who’s offering the service and what’s their rating and their customer reviews. You see exactly what they’re offering, you know exactly when it’s going to be delivered, and you know the exact price. We don’t do hourly rates, it’s the exact price. So whatever prices you see on Fiverr are the prices you should expect to get the service for. All you have to do is just click “Order” and you’re done. This is a huge revolution for both sides of the transaction because before Fiverr, the average time that it took for anyone to find and engage with freelancers was about 30 days. It takes a lot of time. It’s really very similar to dating, and it’s very hard to do this matching. The average time that it takes a visitor that lands on fiverr.com to take their credit card and place an order is 15 minutes, and it’s going down. Once you replace 30 days by 15 minutes, you’re not going back. That’s the beauty, that’s the magic that comes with it. It really removes the majority of the friction and the inefficiency that existed in the freelancing space.

Andy Cross: Micha, there’s lots of different freelancing around the world. It’s a massive market. There’s just lots of different kinds of freelance projects. Describe a little bit about who are the buyers, who are the sellers on Fiverr in general, and what types of projects are posted or required or asked for on the Fiverr platform.

Kaufman: Sure. Many years ago when we started the company, we decided that the go-to-market strategy for us is going to start at the very bottom of the market and allow freelancers to offer microservices, and focus on micro-businesses, the solopreneurs, the start-ups that are just starting. Over the years, we have gone upmarket, so it’s the horizontal market. It started with about six categories, which are now well over 500 categories in nine large verticals. So you can basically find any digital service you can imagine and a few you can’t imagine. Over the years, we took the company public starting more than two years ago. Ever since then, every quarter we report the addition of about 30 new categories every quarter. So it’s a fast-growing catalog and the number of SKUs are just infinite.

Cross: Give us some examples of some of the digitals. I know there are so many and so many different categories, but maybe some examples for some.

Kaufman: It could be from the basic services of someone helping you find a name for your business, and then maybe helping you design a logo for your business, and then maybe creating a website for you, and maybe writing the content for that website. Maybe developing an app for your service. Or maybe that could be a spokesman service to present your product. Or that could be video editing, or that could be search engine optimization, or that could be someone providing a voiceover for something you produce. From very basic services to very advanced services. Actually some of the services are being offered, as I’ve said, not just by individual freelancers, but by agencies and studios that can actually tackle much more complex types of product, but keep the simplicity for the customer. If you need an app and that app requires scripting and content and design and the actual development and then to promote that app, you can find all of that as one service in the convenience of our marketplace. From the customer side it really provides a tremendous amount of access for small businesses, but also for multinational companies that require more advanced services. This is why we’ve created the Fiverr business to allow teams and groups within companies to interact on the marketplace together and define projects, define budgets, and have convenient management for all of that.

Cross: If I’m hearing you right, it started serving lots of small and medium-size businesses and still that’s still a big part of your […].

Kaufman: SMBs are 99.9% business in the U.S. It’s a huge market.

Cross: U.S. is your largest market that you serve, although your global companies serve lots of different providers over the world. SMBs are such a key component, but you’re also moving upscale a little bit. You mentioned Fiverr business, we can get in a little bit to that. You talked about solutions and milestones, some other news as you continue to offer and enhance your offerings, and also building a subscription business, which I want to talk more about. But talk a little bit about how the platform works. Let’s say I’m looking for a service and Micha Kaufman’s out there and has a great service, and he and I connect through the Fiverr platform. Let’s just say the fee is $100, for example. I know you’ve talked about this in some of your presentations. Can you just walk through how the process works for you to actually get paid by me?

Kaufman: Absolutely. The magic here for freelancers is the fact that Fiverr is probably the first platform since the beginning of freelancing, whenever that was, that doesn’t require freelancers to do anything to win a project. This is huge for them. Remember, before Fiverr, if you were just starting as a freelancer, you spend exactly 100% of your time chasing customers because you have none. Your business is to be your own marketeer. Over time that decreases, but we found, by speaking to freelancers, that it doesn’t matter how successful they are, they continue investing about 30-40% of their time trying to find the next customer for the next week or month or quarter. On Fiverr, they don’t need to do any of that, they just show up. They create a profile, they use our technology to productize their offerings, and then they sit back and relax. Next time they’re going to hear from us is, “Hey Andy, you have a new customer. They already paid. Get to it. Just do the things that you love doing, which is not being a marketeer.” Maybe you’re a graphic designer, maybe you’re a content writer. The way the fee is structured is very simple.

The transactional portion of our business is 25.5%. Twenty percent comes out of the seller. But they know that, so they can price whatever they want to get on a net basis, so 20%. Then there’s a transactional fee of 5.5% that comes from the buyer. That is it, it’s as simple as that. Convenience. Again, since they don’t need to spend so much time marketing themselves, 20% is actually not very high. This is why we’re not getting pushback from our community. Fiverr doesn’t just connect people, it is a platform on top of which the transactions are being conducted. We don’t just solve access to talent, we solve all the secondary issues like contracting, invoicing, NDAs, secure communications, secure exchange of files, and storage of files, and obviously all of our rating system and so forth. By having the transaction happen on our platform, that provides us with a tremendous amount of data points that allow us to improve the service. We’re always a partner to every transaction. If the system thinks that the freelancer might be late to deliver an order, the system automatically would ping that seller and remind them that they have their delivery date due. These are very rare cases, they don’t meet that. The system could replace that freelancer with the consent of the customer while keeping everything streamlined so he thinks everything is simple. Beyond that, it provides us with those data points that allow us to understand how to do liquidity management in a smart way, and we have our own rating and reputation system that allows us to track hundreds of different data points. Every transaction is being used, that data is being fed to machine learning and AI to make sure that the next match is even better. Since we have tens of millions of transactions in our history, the system keeps improving itself.

Cross: Let’s talk about the Fiverr culture. I know it’s something you all spend a lot of time on thinking through different factors that go into culture. What makes the Fiverr culture unique?

Kaufman: The first thing maybe is the diversity of our team in our thinking. Fiverr is a company, it’s called Fiverr International. The reason is that we didn’t want to make this a specific country company. We really want to enjoy the fact that talent is global and so should our team be. We think that diversity that comes from different backgrounds, ethnicity and countries and languages add so much color into everything we do. It creates a lot of innovative ideas in the company. I think that this is one of the drivers. The second is the fact that people are extremely passionate about the mission. I’ve been an entrepreneur for almost 20 years. The likelihood of creating a successful company is some small number after the decimal point, but the likelihood of creating a successful company that is actually doing good, is almost zero. It’s so slim. We’ve been so fortunate to be in a position where we change the lives of millions of people in a great way. This is a huge driver. We never forget who we work for, it’s in our DNA. It’s probably the largest freelancing community in the world, and this is how we treat it.

Maybe you remember this, when we took the company public, the people that were up there ringing the bell were our community members, not us. This is how we think and this is how our team thinks. Then there are things that are within our operating principles and I’ve mentioned some which are thinking about simplifying everything. How to create simple, beautiful-to-use products that compress tremendous amounts of friction and inefficiency into something that would be super simple to use. Again it’s easier said than done. It’s the toughest thing ever, but you have a team that obsesses about that and it obsesses about the customer experience. I think that these are just some of the attributes that you have within the team which makes the culture really amazing. I think you sensed this and people tell me this. When they come to one of our offices or they hang up with us on Zoom, there’s a sense of something really unique in the air. I love this thing. It’s just incredible people.

Hill: You guys, we got another hot IPO. Weber Grill went public on Thursday and yes, technically the stock was flat on its first trading day, so the IPO itself was not the thing that was up, but the grills themselves Ron, I mean we’re fans of the Weber Grill products, aren’t we?

Gross: A lifelong customer and I will remain one for a very long time. Love my Weber.

Hill: Although we were talking during the break, Jason, it sounds like it for Ron, it’s definitely for me, more of a fan of the business than the stock at this point anyway.

Moser: Yeah. I feel like that’s a safe assumption there. Based on the S-1, it does feel like the use of proceeds, it was really just a bit of cash out there and an organizational structure. It looks like you’re three minutes into a Tetris game. Chris, it just doesn’t quite make sense, but I guess as time goes on, we’ll figure more out about this business, but no question, a very, very high-quality product.

Hill: Ron, I think that’s the problem. I have a Weber Grill, it’s 15 years old. If they want repeat customers, they have to start making these things not quite as good.

Gross: They last for a while. I do replace my grates and my flavorizer bars from time to time, so there’s a little bit of accessories here to purchase, a $9 billion market cap for this company. The IPO itself wasn’t that in high demand, but they priced it right because of that and now you have the stock up a bit, so the bankers did well.

Moser: I’m pretty sure that’s the first-time flavorizer has ever been used on this show, Ron. We talk a lot of grillers […].

Gross: I’m not even sure it’s the right word.

Hill: Let’s go to the stocks on our radar. Our man behind the glass Dan Boyd is going to hit you with a question. Jason Moser, you’re up first. What are you looking at this week?

Moser: Taking a look at Synaptics, the ticker is SYNA. Synaptics makes its hay selling its technology to large original equipment manufacturers, companies that make mobile products, PCs, other voice and video items. This technology covers a broad spectrum: chips, firmware, software, artificial intelligence, touch sensing, image, voice. Synaptics has a role in a lot of this stuff. Last year, we talked about this. It was a business in transition. Company that is really focused now on the opportunity in the Internet of Things. Management made a conscious decision to focus more on getting that profitability back. I’ll tell you what. This week, the company announced results that show it’s working. Revenue grew 18%. Earnings were up 75% as they continue to pursue that IoT opportunity which is now the largest part of the business. Stock had a terrific week. This is one that I’ve recommended in both services that I run here, which has been a tremendous performance so far. I’m looking for that to continue.

Hill: Dan, question about Synaptics?

Dan Boyd: Absolutely, Chris. Now, Jason, there are a lot of companies in this space, can you say anything about Synaptics’ market share?

Moser: Yeah. Well, Synaptics’ market share, it’s one of the leaders in this space. It’s got customers like Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Samsung, Sony (NYSE:SONY), Lenovo, to mention a few. While this is a very crowded space with a lot of options, Synaptics certainly does a good job of maintaining their share, because once you get into these devices and establish these long-lasting relationships with your big providers, they tend to want to keep you around.

Hill: Ron gross, what are you looking at this week?

Gross: I’m looking at 10x Genomics (NASDAQ:TXG), TXG, to see if I should add it to my personal biotech basket. 10x Genomics products allow scientists to look at the expression of genes inside individual cells. Dan, you will have to take my word for it that that is new and exciting, but I do absolutely need to learn more about it. Their flagship franchise called Chromium uses a razor-and-blade model that provides recurring revenue from consumables used to run experiments. Their Visium platform allows researchers to look at expressions throughout a tissue sample. These are important things for genomics. 10x has also moved beyond research into clinical diagnostics with two acquisitions earlier this year. Management is guiding for about $500 million in revenue. They also think this is a $15 billion industry, so leaves substantial room for them to grow from the $500 million where they are today.

Hill: 10x Genomics; Dan, you got a question?

Boyd: Yeah. Ron, 10x is in the name. Are we going to see 10X on the stock price too?

Gross: Well, that remains to be seen. That’s a tall order, but this is the space to do it. If you are a biotech company or anywhere in the sector and you hit it, you’ve got the potential to grow significantly. We’ll have to wait and see. Only time will tell.

Moser: Would you consider Weber to be a 10X opportunity, Ron?

Gross: I would not.

Moser: No. OK. I just wanted to confirm.

Hill: What do you want to add to your watch list, Dan?

Boyd: As much as I want it to be Weber I think I’m going to go with Synaptics on this one, because Jason convinced me.

Moser: Oh, we love to hear that, Dan.

Hill: Jason Moser and Ron Gross, guys, thanks for being here.

Gross: Thanks, Chris.

Moser: Thank you.

Hill: That’s going to do it for this week’s show. It’s mixed by Dan Boyd, produced by Mac Greer. I’m Chris Hill, we’ll see you next week.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Best High Tech Stocks To Buy For 2021

Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods’ shares is an opportunity to buy more of the stock since there are tangible improvements being witnessed across Whole Foods’ operations as discussed in this article. Let’s take a look.

Sales building initiatives are delivering results

Whole Foods Market’s focus on improving its sales is delivering results, slowly but steadily. For instance, its comparable store sales dropped 2.6% last quarter as compared to a decline of 3% in the preceding quarter. More importantly, Whole Foods is witnessing an improvement in its comparable store sales this quarter as well, as the rate of decline of its comp sales has gone down to 2.4% in the first three weeks of the 12-week fourth quarter.

In addition, the company expects square footage growth of 7% in 2016 and approximately 6% in 2017, driven by the addition of new stores to its portfolio that continue to witness positive comp sales growth. For instance, last quarter, Whole Foods opened 12 new stores that include its first 365 Store. The company has opened one 365 and two Whole Foods Market stores in the ongoing quarter, and it plans to open two additional stores, including one 365 and two Whole Foods Market stores.

Best High Tech Stocks To Buy For 2021: Panhandle Royalty Company(PHX)

Panhandle Oil and Gas Inc., incorporated on December 11, 1978, is engaged in the acquisition, management and development of non-operated oil and natural gas properties, including wells located on its mineral and leasehold acreage. The Company’s mineral and leasehold properties are located primarily in Arkansas, New Mexico, North Dakota, Oklahoma and Texas, with properties also located in various other states. The Company’s oil, natural gas liquids (NGLs) and natural gas production is primarily from wells located in Arkansas, Oklahoma and Texas.

The Company’s principal products are natural gas, crude oil and NGL. The Company sells its products to various purchasers, including pipeline and marketing companies, which service the areas where the Company’s producing wells are located. As of September 30, 2015, the Company’s principal properties consisted of perpetual ownership of 255,411 net mineral acres, held principally in Arkansas, New Mexico, North Dakota, Oklahoma, Texas and six other states; leases on 19,575 net acres primarily in Oklahoma, and working interests, royalty interests, or both, in 6,195 producing oil and natural gas wells, and 65 wells in the process of being drilled or completed.

Advisors’ Opinion:

  • [By Stephan Byrd]

    COPYRIGHT VIOLATION WARNING: “Panhandle Oil and Gas Inc. (PHX) VP Purchases $49,760.00 in Stock” was reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/4147013/panhandle-oil-and-gas-inc-phx-vp-purchases-49760-00-in-stock.html.

  • [By Joseph Griffin]

    News headlines about Panhandle Oil and Gas (NYSE:PHX) have trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Panhandle Oil and Gas earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the oil and gas producer an impact score of 46.1120655512436 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

  • [By Logan Wallace]

    Media headlines about Panhandle Oil and Gas (NYSE:PHX) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty 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. Panhandle Oil and Gas earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 50.7768748674153 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near term.

Best High Tech Stocks To Buy For 2021: Destination Maternity Corporation(DEST)

Destination Maternity Corporation (the “Company”, “we”, “us”, “our”) is the leading designer and retailer of maternity apparel in the United States and is the only nationwide chain of maternity apparel specialty stores. As of January 30, 2016 we operate 1,815 retail locations, including 536 stores in the United States, Canada and Puerto Rico, and 1,279 leased departments located within department stores and baby specialty stores throughout the United States, in Puerto Rico and, most recently, in England. We sell merchandise on the Internet, primarily through our Motherhood.com, APeaInThePod.com and DestinationMaternity.com websites. We also sell our merchandise through our Canadian website, MotherhoodCanada.ca, through Amazon.com in the United States, and through websites of certain of our retail partners.   Advisors’ Opinion:

  • [By Logan Wallace]

    Cato (NYSE: CATO) and Destination Maternity (NASDAQ:DEST) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their risk, dividends, valuation, institutional ownership, profitability, earnings and analyst recommendations.

  • [By Alexander Bird]

    Here are last week’s top-performing penny stocks:

    Penny Stock Current Share Price Last Week’s Gain
    Ambow Education Holdings Ltd. (NYSE: AMBO) $5.70 77.11%
    Nano Dimension (Nasdaq: NNDM) $2.61 75.11%
    Destination Maternity Corp. (Nasdaq: DEST) $5.79 71.84%
    CLPS Inc. (Nasdaq: CLPS) $9.72 71.15%
    NII Holdings Inc. (Nasdaq: NIHD) $3.20 56.33%
    Viveve Medical Inc. (Nasdaq: VIVE) $3.78 51.98%
    Galectin Therapeutics Inc. (Nasdaq: GALT) $9.18 41.82%
    Apricus Biosciences Inc. (Nasdaq: APRI) $0.36 34.70%
    Polymet Mining Corp. (NYSE: PLM) $1.01 31.13%
    Xenon Pharmaceuticals Inc. (Nasdaq: XENE) $8.20 28.46%

    Many investors struggle with finding stocks with this sort of breakout potential because they don’t know where to look.

Best High Tech Stocks To Buy For 2021: Shore Bancshares Inc(SHBI)

Shore Bancshares, Inc. operates as the holding company for The Centreville National Bank of Maryland; The Talbot Bank of Easton, Maryland; and The Felton Bank, which provide various commercial and consumer banking products and services in Maryland and Delaware. It offers various deposit products, including commercial checking, savings, money market, Christmas savings, individual retirement, and overnight investment sweep accounts; interest-bearing and non-interest-bearing demand deposits, as well as time deposits; and certificates of deposit. The company also provides commercial loans, including secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition development, construction loans, and letters of credit; and individual loans comprising mortgage, home improvement, installment, and other personal loans; credit cards; personal lines of credit; automobile; and other consumer financing. In addition , it offers merchant credit card clearing services; direct deposit of payroll, Internet banking, and telephone banking services; safe deposit boxes; debit cards; and automatic teller machine (ATM) services. Further, the company provides nondeposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Additionally, it offers insurance products and services, which comprise property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans and retirement plans to businesses and consumers. The company operates 19 full service branches and 22 ATMs in the Kent County, Queen Anne?s County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is based in Easton, Maryland.

Advisors’ Opinion:

  • [By Shane Hupp]

    Press coverage about Shore Bancshares (NASDAQ:SHBI) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shore Bancshares earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.3784121307224 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.

  • [By Joseph Griffin]

    LSV Asset Management increased its stake in Shore Bancshares Inc (NASDAQ:SHBI) by 134.4% during the 1st quarter, Holdings Channel reports. The firm owned 157,489 shares of the bank’s stock after acquiring an additional 90,289 shares during the period. LSV Asset Management’s holdings in Shore Bancshares were worth $2,970,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Joseph Griffin]

    Media coverage about Shore Bancshares (NASDAQ:SHBI) has trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of news coverage by analyzing 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. Shore Bancshares earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.376414932679 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Best High Tech Stocks To Buy For 2021: Murphy Oil Corporation(MUR)

Murphy Oil Corporation is a worldwide oil and gas exploration and production company. As used in this report, the terms Murphy, Murphy Oil, we, our, its and Company may refer to Murphy Oil Corporation or any one or more of its consolidated subsidiaries.

The Company was originally incorporated in Louisiana in 1950 as Murphy Corporation. It was reincorporated in Delaware in 1964, at which time it adopted the name Murphy Oil Corporation, and was reorganized in 1983 to operate primarily as a holding company of its various businesses. For reporting purposes, Murphy’s exploration and production activities are subdivided into four geographic segments, including the United States, Canada, Malaysia and all other countries. Additionally, “Corporate” activities include interest income, interest expense, foreign exchange effects and administrative costs not allocated to the segments. The Company’s corporate headquarters are located in El Dorado, Arkansas.   Advisors’ Opinion:

  • [By Matthew DiLallo]

    Shares of Murphy Oil Corporation (NYSE:MUR) took off on Thursday, rising more than 12% by 10:30 a.m. EDT after the company agreed to form a strategic joint venture (JV) with Petrobras (NYSE:PBR) in the Gulf of Mexico.

  • [By Max Byerly]

    Shares of Murphy Oil Co. (NYSE:MUR) have earned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $33.11.

  • [By Shane Hupp]

    Murphy Oil Co. (NYSE:MUR) saw some unusual options trading activity on Wednesday. Stock investors purchased 1,420 put options on the company. This is an increase of 1,929% compared to the average volume of 70 put options.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Murphy Oil (MUR)

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

Best High Tech Stocks To Buy For 2021: Etsy, Inc.(ETSY)

Etsy, Inc. (Etsy), incorporated on February 14, 2006, operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company’s geographical segments include United States and International. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company’s platform includes marketplace, Seller Services, technology and community, both online and offline. The Company offers a range of services to help Etsy sellers build their personal brands, engage customers and complete transactions. The Company has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. Its Promoted Listings offering enables an Etsy seller to pay a cost-per-click-based fee to feature and promote her goods in search results generated by Etsy buyers on its platform. This service allows an Etsy seller to target Etsy buyers searching for goods similar to those she offers for sale.

The Company’s Direct Checkout offering allows Etsy sellers to accept various forms of payment, such as credit cards, debit cards, PayPal and Etsy gift cards. Its Direct Checkout is available in approximately 20 countries and over 10 currencies. Etsy sellers can purchase United States Postal Service and Canada Post shipping labels through its platform. The Company has developed its Sell on Etsy mobile application to help Etsy sellers operate their shops and manage orders. Etsy sellers can also access communication, shop management tools and help resources through the Sell on Etsy mobile application. Etsy sellers can analyze visits to their shop and listings, estimate the effectiveness of their spending on Promoted Listings, monitor orders and track sales using its online seller dashboard. Etsy sellers can access analytics on the dashboard on its Website or on its Sell on Etsy mobile application. It provides educational resources to teach Etsy sellers how to build and grow their businesses on its platform, in! cluding blog posts, video tutorials, the Etsy Seller Handbook (available on its Website), access to its online forums and insights from its support teams. In addition to its own educational resources, Etsy sellers connect through Etsy Teams to build personal relationships, collaborate and educate, and support each other.

Etsy Sellers

The Company supports a group of artists, makers, designers and collectors from around the world from the solo artisan to the full-time jewelry maker with staff, and from the antique furniture collector to the textile graphic designer partnering with a small-batch manufacturer. Etsy sellers range from hobbyists to professional merchants, and have a range of personal and professional goals.

Etsy Buyers

The Company’s Etsy buyers visit its marketplace to discover a selection of goods in dozens of retail categories ranging from ornament to hand-knit sweater to a custom-made coffee table. Etsy buyers can also purchase customized items or other bespoke goods from Etsy sellers.

Wholesale Partners

The local boutiques to national chains, such as Land of Nod, Lou & Grey, Macy’s and Whole Foods, retailers use its platform to connect directly with Etsy sellers. It also allows adding items to their store offerings.

Manufacturing Partners

In addition to finding manufacturers on its own, Etsy sellers can find manufacturers through its new Etsy Manufacturing marketplace. Its Etsy Manufacturing helps Etsy sellers connect directly with manufacturers committed to certain practices and value transparent connections.

The Company competes with Amazon, eBay, Alibaba, Square, Intuit, Shopify, Pottery Barn and Target.

Advisors’ Opinion:

  • [By ]

    Here’s the reality most investors need to understand: The big gains reported for IPOs generally aren’t available to individual investors. Etsy (Nasdaq: ETSY), for example, reported a gain of 93.8% on the first day of trading. But if you bought the open, you lost 3.2%.

  • [By Danny Vena]

    There are three up-and-coming online retailers that are actually outpacing Amazon’s growth and might be worth a look. Etsy (NASDAQ:ETSY), which focuses on handmade or vintage items; home goods purveyor Wayfair (NYSE:W), and online subscription and personal styling service Stitch Fix (NASDAQ:SFIX)are putting up more-robust sales increases.

  • [By Chris Neiger, Anders Bylund, and Steve Symington]

    Steve Symington (Etsy): With the world increasingly shifting toward a plethora of big-name stores and mass-produced goods, it might seem surprising that one of the e-commerce industry’s most attractive investments has carved out a niche by embracing vintage and handmade items. But Etsy has done exactly that, capping 2018 with seven straight quarters of accelerating top-line growth — and the stock is up more than 180% over the past year to trade at 70 times this year’s expected earnings as a result.

  • [By Chris Hill]

    In this week’s Motley Fool Money, host Chris Hill and Motley Fool contributors Jason Moser and Andy Cross come to you from Austin with the biggest market movers and shakers. Shares of MercadoLibre (NASDAQ:MELI)hit a new high, and Amazon (NASDAQ:AMZN)may have missed its chance to snap up this growth machine. Etsy (NASDAQ:ETSY)continues to crush just about every metric, and the market definitely took notice. Square (NYSE:SQ)flew all over the chart after reporting earnings, but long-term shareholders can remain confident about the Square story. Shares of Teladoc (NYSE:TDOC)tanked on a bit of a weak report, but telemedicine is only getting bigger from here and Teladoc is establishing a strong foothold. And, as always, the guys share some stocks on their radar. Stay tuned after the news for an interview between Motley Fool cofounder Tom Gardner and the late, great Herb Kelleher of Southwest Airlines(NYSE:LUV) about his wildly successful, industry-defying business.

Top 5 Bank Stocks To Invest In 2018

Whittier Trust Co. of Nevada Inc. raised its position in Jack Henry & Associates (NASDAQ:JKHY) by 42.5% in the first quarter, Holdings Channel reports. The fund owned 3,154 shares of the technology company’s stock after buying an additional 940 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Jack Henry & Associates were worth $381,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Profund Advisors LLC lifted its stake in Jack Henry & Associates by 4.9% in the fourth quarter. Profund Advisors LLC now owns 9,545 shares of the technology company’s stock worth $1,116,000 after acquiring an additional 443 shares during the last quarter. Whittier Trust Co. lifted its stake in Jack Henry & Associates by 1.5% in the fourth quarter. Whittier Trust Co. now owns 30,801 shares of the technology company’s stock worth $3,602,000 after acquiring an additional 457 shares during the last quarter. Suntrust Banks Inc. lifted its stake in Jack Henry & Associates by 2.7% in the fourth quarter. Suntrust Banks Inc. now owns 18,348 shares of the technology company’s stock worth $2,145,000 after acquiring an additional 488 shares during the last quarter. Advisor Partners LLC lifted its stake in Jack Henry & Associates by 26.5% in the fourth quarter. Advisor Partners LLC now owns 2,533 shares of the technology company’s stock worth $317,000 after acquiring an additional 530 shares during the last quarter. Finally, Cue Financial Group Inc. lifted its stake in Jack Henry & Associates by 6.5% in the fourth quarter. Cue Financial Group Inc. now owns 10,013 shares of the technology company’s stock worth $1,171,000 after acquiring an additional 615 shares during the last quarter. Institutional investors own 88.69% of the company’s stock.

Top 5 Bank Stocks To Invest In 2018: MarineMax, Inc.(HZO)

Advisors’ Opinion:

  • [By Max Byerly]

    MarineMax, Inc. (NYSE:HZO) EVP Charles A. Cashman sold 25,000 shares of the business’s stock in a transaction dated Monday, May 7th. The stock was sold at an average price of $22.92, for a total value of $573,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

  • [By Lisa Levin]

    MarineMax, Inc. (NYSE: HZO) shares were also up, gaining 24 percent to $21.75 as the company posted upbeat Q2 results and raised its FY18 outlook.

    Equities Trading DOWN

  • [By Lisa Levin] Gainers
    Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
    MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit.
    Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70.
    Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results.
    BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter.
    SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW.
    Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results.
    CYS Investments, Inc. (NYSE: CYS)
  • [By Lisa Levin]

    MarineMax, Inc. (NYSE: HZO) shares were also up, gaining 24 percent to $21.70 as the company posted upbeat Q2 results and raised its FY18 outlook.

    Equities Trading DOWN

Top 5 Bank Stocks To Invest In 2018: EnSync, Inc.(ESNC)

Advisors’ Opinion:

  • [By Joseph Griffin]

    ZBB Energy (NYSEAMERICAN:ESNC) has been given a $2.00 price target by research analysts at HC Wainwright in a report released on Wednesday. The brokerage presently has a “buy” rating on the technology company’s stock. HC Wainwright’s target price suggests a potential upside of 471.43% from the stock’s current price.

Top 5 Bank Stocks To Invest In 2018: El Pollo Loco Holdings, Inc.(LOCO)

Advisors’ Opinion:

  • [By Shane Hupp]

    Nathan’s Famous (NASDAQ: NATH) and El Pollo LoCo (NASDAQ:LOCO) are both small-cap retail/wholesale companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

Top 5 Bank Stocks To Invest In 2018: Etsy, Inc.(ETSY)

Advisors’ Opinion:

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By Jeremy Bowman]

    Shares ofEtsy, Inc.(NASDAQ:ETSY) were climbing again today after the online crafts marketplace got a vote of confidence from Loop Capital: Analyst Laura Champine initiated coverage with a “buy” rating and a $32 price target. Etsy shares gained as much as 9.6% during the trading day and finished up 8.3% on the endorsement.

  • [By ]

    Etsy (ETSY) is the anti-Amazon (AMZN) , according to TheStreet’s founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

    Cramer interviewed Etsy’s CEO on Wednesday’s edition of CNBC’s Mad Money. 

Top 5 Bank Stocks To Invest In 2018: Infinity Pharmaceuticals, Inc.(INFI)

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Infinity Pharmaceuticals (INFI)

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

Top 10 Casino Stocks To Invest In Right Now

MGM Resorts International (NYSE:MGM) continues its climb from years of massive losses. Moreover, MGM is about to increase its presence in the Chinese gaming mecca of Macau with the opening of a new casino later this year. While MGM has had to play catch up regarding a Chinese presence, the company’s move to catch up may position MGM stock for continued growth.

Many think of the image of MGM as the roaring lion that greets the beginning of all films distributed by Metro-Goldwyn-Mayer Studios, Inc. (not currently affiliated with MGM Resorts). Unfortunately for holders of MGM stock, the MGM roar has been barely a meow for some time. MGM managed to turn a profit of $1.92 per share in fiscal 2016.

However, the company struggled with mounting losses for most of the decade.

U.S. Operations Continue Improving

Another unexpected struggle was the tragic shooting on the Las Vegas Strip on Oct.1. Mandalay Bay is one of many hotels the company owns on the Las Vegas Strip. MGM endured weeks of bad publicity following the shooting. However, fears of poor security and cancellation did not drive business away.

Top 10 Casino Stocks To Invest In Right Now: General Growth Properties, Inc.(GGP)

Advisors’ Opinion:

  • [By Adam Levine-Weinberg]

    Shares of mall-focused REIT GGP (NYSE:GGP) have plunged in 2018. Initially, the stock price fell due to ongoing worries about the so-called “retail apocalypse” and its effect on mall occupancy and lease rates.

  • [By Joseph Griffin]

    These are some of the news articles that may have effected Accern’s scoring:

    Get GGP alerts:

    Read This Before Trade: Facebook, Inc. (FB), GGP Inc. (GGP) (nmsunews.com) Ggp Inc (GGP)’s Weekly Performance of -0.90% Is Nothing to Write Home About (parkcitycaller.com) Is GGP Inc (NYSE:GGP) A Good Dividend Stock? (finance.yahoo.com) GGP (GGP) Downgraded by Zacks Investment Research to “Hold” (americanbankingnews.com) Dazzling Stocks: GGP Inc. (NYSE:GGP), Nielsen Holdings plc (NYSE:NLSN), AmerisourceBergen Corporation (NYSE … (thestreetpoint.com)

    GGP has been the subject of a number of recent research reports. Royal Bank of Canada restated a “buy” rating and set a $24.00 target price on shares of GGP in a research report on Monday, February 12th. Boenning Scattergood reissued a “buy” rating and issued a $35.00 target price on shares of GGP in a research note on Tuesday, March 27th. Mizuho raised GGP from a “neutral” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Monday, March 19th. Zacks Investment Research upgraded GGP from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Wednesday, April 11th. Finally, Barclays cut their price target on GGP from $24.00 to $23.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 30th. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. GGP currently has an average rating of “Hold” and a consensus price target of $24.92.

  • [By Adam Levine-Weinberg]

    In recent years, investors have become increasingly fearful about the so-called “death of the mall.” As a result, shares of top-tier mall REITs like Taubman Centers (NYSE:TCO), Simon Property Group (NYSE:SPG), GGP (NYSE:GGP), and Macerich (NYSE:MAC) have tended to trade at a discount to their net asset values (NAV), the underlying value of their assets.

Top 10 Casino Stocks To Invest In Right Now: EnLink Midstream Partners, LP(ENLK)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on EnLink Midstream Partners (ENLK)

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

  • [By Joseph Griffin]

    ValuEngine upgraded shares of EnLink Midstream Partners (NYSE:ENLK) from a strong sell rating to a sell rating in a research report released on Thursday morning.

Top 10 Casino Stocks To Invest In Right Now: Akamai Technologies, Inc.(AKAM)

Advisors’ Opinion:

  • [By Anders Bylund]

    During the first quarter, Limelight settledthe last of its legal battles with rival Akamai Technologies (NASDAQ:AKAM). The terms of this settlement were not publicly addressed, but Limelight was the plaintiff and Akamai the defendant in the last patent infringement case, though Akamai also returned fire with several counterclaims. If the settlement had any financial effects, we’ll see those on Akamai’s and Limelight’s financial statements over time. If not, the two companies just removed a source of financial uncertainty.

  • [By Stephan Byrd]

    Atria Investments LLC boosted its position in Akamai Technologies (NASDAQ:AKAM) by 24.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,423 shares of the technology infrastructure company’s stock after purchasing an additional 1,057 shares during the period. Atria Investments LLC’s holdings in Akamai Technologies were worth $385,000 as of its most recent SEC filing.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Akamai Technologies, Inc. (NASDAQ: AKAM) which rose about 7% to $74.89. The stocks 52-week range is $44.65 to $75.00. Volume was roughly 4 million compared to the daily average volume of 2.3 million.

  • [By ]

    Akamai (AKAM) CEO Tom Leighton is fresh off a battle with well-known activist investor firm Elliott Management. Leighton discusses the situation with Elliott and prospects for doing deals with TheStreet. 

  • [By ]

    There could be a for sale sign planted in the ground at tech pioneer Akamai (AKAM) .

    “We’re a public company and our board, which is very professional and diligent, is always going to do the right thing for shareholders,” Akamai CEO Tom Leighton told TheStreet when asked if the company he co-founded in 1998 was for sale. While Leighton left the door open on a possible sale, he added that Akamai has strong prospects as a stand-alone company as well.

Top 10 Casino Stocks To Invest In Right Now: Ormat Technologies, Inc.(ORA)

Advisors’ Opinion:

  • [By Logan Wallace]

    Roth Capital set a $67.00 price target on Ormat Technologies (NYSE:ORA) in a report issued on Sunday. The brokerage currently has a buy rating on the energy company’s stock.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Verastem, Inc. (NASDAQ: VSTM) fell 9.7 percent to $4.73 in pre-market trading after announcing a $35 million common stock offering.
    Evolus, Inc. (NASDAQ: EOLS) shares fell 8 percent to $13.48 in pre-market trading ahead of regulatory update at 8:30 a.m. ET.
    XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) fell 6.5 percent to $2.01 in pre-market trading after climbing 10.50 percent on Tuesday.
    Purple Innovation, Inc. (NASDAQ: PRPL) shares fell 5.8 percent to $9.36 in pre-market trading after reporting Q1 results.
    Blink Charging Co. (NASDAQ: BLNK) fell 5.7 percent to $5.15 in pre-market trading after declining 5.04 percent on Tuesday.
    RYB Education, Inc. (NYSE: RYB) shares fell 5 percent to $16.39 in pre-market trading following Q1 results.
    Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares fell 4.4 percent to $4.30 in pre-market trading after rising 40.62 percent on Tuesday.
    Arbor Realty Trust, Inc. (NYSE: ABR) fell 4.4 percent to $8.92 in pre-market trading after announcing a 5.5 million share common stock offering.
    Daxor Corporation (NYSE: DXR) fell 4.1 percent to $7.32 in pre-market trading.
    Ormat Technologies, Inc. (NYSE: ORA) shares fell 3.8 percent to $51.03 in pre-market trading after the company announced plans to restate its Q2, Q3, Q4 and FY 2017 financial statements.
    Canadian Solar Inc. (NASDAQ: CSIQ) fell 3.5 percent to $16.20 in pre-market trading after reporting Q1 results.
    CELYAD SA/ADR (NASDAQ: CYAD) shares fell 3.3 percent to $29.70 in pre-market trading after the company reported launch of 1.8 million share offering

  • [By Scott Levine]

    When talk around the water cooler turns to energy investments, it’s oil and gas companies that represent the usual suspects. Renewable energy companies like Vestas Wind Systems (NASDAQOTH:VWDRY), First Solar (NASDAQ:FSLR), and Ormat Technologies (NYSE:ORA) — companies whose names are far less recognizable than those like ExxonMobil and Chevron — may not be on most investors’ radars. However, there are certainly reasons to believe that they should be.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Ormat Technologies (ORA)

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

  • [By Shane Hupp]

    JPMorgan Chase lowered shares of Ormat Technologies (NYSE:ORA) from an overweight rating to a neutral rating in a research note issued to investors on Monday, MarketBeat.com reports. They currently have $62.00 price target on the energy company’s stock.

Top 10 Casino Stocks To Invest In Right Now: China Mobile (Hong Kong) Ltd.(CHL)

Advisors’ Opinion:

  • [By Tyler Crowe, Leo Sun, and Brian Feroldi]

    If you are looking to buy a few stocks with that long-term strategy in mind, we have three dividend stocks for you. Here’s why our Fool.com contributors thinkTerraForm Power (NASDAQ:TERP), China Mobile (NYSE:CHL), and Texas Roadhouse (NASDAQ:TXRH) are ones you should consider right now.

Top 10 Casino Stocks To Invest In Right Now: Texas Instruments Incorporated(TXN)

Advisors’ Opinion:

  • [By Anders Bylund]

    Semiconductor veteran Texas Instruments (NASDAQ:TXN) reported first-quarter results after the closing bell on Tuesday, and ripped Wall Street’s estimates to shreds. TI’s shares surged nearly 6% higher in after-hours trading, largely erasing the Apple (NASDAQ:AAPL) hangover that hit the same stock a week ago.

  • [By ]

    Though Texas Instruments’s (TXN) automotive chip sales have been registering healthy double-digit growth for several years, COO Brian Crutcher argued at a recent Goldman Sachs conference that the industrial vertical is TI’s “best growth opportunity” going forward. “I love automotive…but…we cover over 500 end equipments or end products in industrial. And every single one of them are trying to make their systems smarter, more intelligent, transfer more data, faster. All those things need electronics,” he said.

  • [By Dan Caplinger]

    The pace of innovation in the technology industry never slows down, and even the largest companies have to reinvent themselves continually in order to keep up. Intel (NASDAQ:INTC) and Texas Instruments (NASDAQ:TXN) have been giants in the tech industry for decades, with Intel best known for its then-revolutionary PC processors and TI making the most popular scientific and technical calculators in the business.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Twitter, Inc. (NYSE: TWTR) to report quarterly earnings at $0.11 per share on revenue of $605.26 million before the opening bell. Twitter shares rose 0.16 percent to $30.52 in after-hours trading.
    Analysts expect Facebook, Inc. (NASDAQ: FB) to post quarterly earnings at $1.35 per share on revenue of $11.41 billion after the closing bell. Facebook shares gained 0.36 percent to $160.27 in after-hours trading.
    Before the markets open, Boeing Co (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion. Boeing shares rose 0.18 percent to $329.65 in after-hours trading.
    Texas Instruments Incorporated (NASDAQ: TXN) reported stronger-than-expected earnings for its first quarter on Tuesday. Texas Instruments shares climbed 5.62 percent to $103.95 in the after-hours trading session.
    Analysts are expecting Ford Motor Company (NYSE: F) to have earned $0.41 per share on revenue of $37.16 billion in the latest quarter. Ford will release earnings before the markets open. Ford shares gained 0.46 percent to $11.01 in after-hours trading.
    After the closing bell, PayPal Holdings, Inc. (NASDAQ: PYPL) is expected to post quarterly earnings at $0.54 per share on revenue of $3.59 billion. PayPal shares gained 0.16 percent to $75.40 in after-hours trading.
    Wall Street expects AT&T Inc. (NYSE: T) to post quarterly earnings at $0.88 per share on revenue of $39.29 billion after the closing bell. AT&T shares rose 0.20 percent to $35.07 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.

Top 10 Casino Stocks To Invest In Right Now: AXT Inc(AXTI)

Advisors’ Opinion:

  • [By Max Byerly]

    These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

    Get AXT alerts:

    Gallium Arsenide Global Market Players by 2023- Sumitomo Electric, AXT and China Crystal Technologies (newspharmaceuticals.com) TheStreet Downgrades AXT (AXTI) to C+ (americanbankingnews.com) Is this stock is Overbought? AXT, Inc. (AXTI) (stockquote.review) What Investors Should Know? AXT, Inc. (AXTI) (mostvolatilestocks.com) Community rallies around valley high school, putting on its first musical in 20 years (yourcentralvalley.com)

    Several analysts have recently issued reports on AXTI shares. BidaskClub upgraded AXT from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Dougherty & Co reiterated a “buy” rating on shares of AXT in a research note on Thursday, February 22nd. B. Riley decreased their price target on AXT from $8.75 to $8.25 and set a “neutral” rating for the company in a research note on Thursday, February 22nd. Zacks Investment Research downgraded AXT from a “buy” rating to a “hold” rating in a research note on Monday, January 1st. Finally, BWS Financial restated a “buy” rating on shares of AXT in a research note on Tuesday, April 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $10.44.

  • [By Lisa Levin] Gainers
    Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity.
    Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process.
    Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results.
    Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58.
    Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009.
    The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results.
    Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613.
    Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan.
    AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65.
    nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results.
    Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303.
    Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results.
    Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake.
    HUYA Inc. (NYSE: HUYA) gained 13.1
  • [By Lisa Levin] Gainers
    Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares climbed 154.95 percent to close at $5.15 on Thursday. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity.
    Tyme Technologies, Inc. (NASDAQ: TYME) jumped 33.45 percent to close at $3.87.
    Universal Corporation (NYSE: UVV) gained 29.72 percent to close at $62.85 after reporting fiscal Q4 results.
    Evolus, Inc. (NASDAQ: EOLS) shares rose 22.93 percent to close at $23.80.
    nLIGHT, Inc. (NASDAQ: LASR) jumped 21.52 percent to close at $36.37 following Q1 results.
    Hudson Technologies Inc. (NASDAQ: HDSN) gained 20.28 percent to close at $2.61.
    The Cato Corporation (NYSE: CATO) shares rose 19.57 percent to close at $21.45 after the company posted better-than-expected first-quarter results.
    AXT, Inc. (NASDAQ: AXTI) gained 18.8 percent to close at $7.90.
    Catasys, Inc. (NASDAQ: CATS) rose 16.33 percent to close at $6.41.
    HUYA Inc. (NYSE: HUYA) rose 15.68 percent to close at $23.09 on Thursday.
    Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS) climbed 15.11 percent to close at $6.02 on Thursday after gaining 6.30 percent on Wednesday. Baird initiated coverage on Marinus Pharmaceuticals with an Outperform rating.
    Destination Maternity Corporation (NASDAQ: DEST) shares rose 14.48 percent to close at $3.32 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan.
    China Rapid Finance Limited (NYSE: XRF) gained 11.53 percent to close at $3.29 after announcing preliminary Q1 results.
    Bilibili Inc.. (NASDAQ: BILI) shares rose 11.33 pe

Top 10 Casino Stocks To Invest In Right Now: CIENA Corporation(CIEN)

Advisors’ Opinion:

  • [By Shane Hupp]

    A number of institutional investors have recently added to or reduced their stakes in the business. Neuberger Berman Group LLC increased its position in Ciena by 169.5% during the third quarter. Neuberger Berman Group LLC now owns 4,217,455 shares of the communications equipment provider’s stock worth $92,657,000 after buying an additional 2,652,791 shares in the last quarter. Millennium Management LLC increased its position in Ciena by 431.6% during the fourth quarter. Millennium Management LLC now owns 2,477,957 shares of the communications equipment provider’s stock worth $51,864,000 after buying an additional 2,011,805 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Ciena during the fourth quarter worth $50,962,000. Renaissance Technologies LLC purchased a new position in Ciena during the fourth quarter worth $40,110,000. Finally, Rubric Capital Management LP purchased a new position in Ciena during the third quarter worth $33,373,000.

    ILLEGAL ACTIVITY WARNING: “Gary B. Smith Sells 8,000 Shares of Ciena (CIEN) Stock” was published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3352094/gary-b-smith-sells-8000-shares-of-ciena-cien-stock.html.

    About Ciena

  • [By Ezra Schwarzbaum]

    Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:

    Lumentum Holdings Inc (NASDAQ: LITE)
    Ciena Corporation (NYSE: CIEN)
    Coherent, Inc. (NASDAQ: COHR)
    II-VI, Inc. (NASDAQ: IIVI)
    Inphi Corporation (NYSE: IPHI)
    Skyworks Solutions Inc (NASDAQ: SWKS)
    Integrated Device Technology Inc (NASDAQ: IDTI)
    Qorvo Inc (NASDAQ: QRVO)
    Xilinx, Inc. (NASDAQ: XLNX)
    Broadcom Inc (NASDAQ: AVGO)

    Related Links:

  • [By Ethan Ryder]

    These are some of the headlines that may have effected Accern’s scoring:

    Get Ciena alerts:

    Has the Tide Turned in Boot Barn Holdings, Inc. (BOOT) and Ciena Corporation (CIEN) Stocks? (nmsunews.com) Ciena (CIEN) SVP Sells $50,500.00 in Stock (americanbankingnews.com) Is Ciena Corporation (CIEN) In Search of Flying? (nmsunews.com) Ciena inks deals with Caucasus Online and GlobeNet (telecomlead.com) Ciena’s GeoMesh chosen to enhance submarine networks in Caucasus and Latin America (fibre-systems.com)

    Shares of Ciena stock opened at $25.30 on Friday. Ciena has a 12 month low of $19.40 and a 12 month high of $27.98. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 16.98, a PEG ratio of 1.51 and a beta of 1.40. The company has a quick ratio of 1.79, a current ratio of 2.06 and a debt-to-equity ratio of 0.33.

Top 10 Casino Stocks To Invest In Right Now: Valmont Industries, Inc.(VMI)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Valmont Industries (VMI)

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

Top 10 Casino Stocks To Invest In Right Now: Etsy, Inc.(ETSY)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Etsy (NASDAQ:ETSY) has earned a consensus rating of “Buy” from the fifteen research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $26.54.

  • [By Jeremy Bowman]

    Like the other stocks on this list,Etsy(NASDAQ:ETSY) has been on a tear lately: The stock is up 40% so far this year. In fact, share prices have nearly tripled over the past 12 months as the company, under new CEO Josh Silverman, seems to finally be unleashing the power of its unique platform and marketplace model. Silverman, who was ushered in by activist investors last May, has laid off employees, shut down underperforming or tangential business units, and focused on driving gross merchandise sales, or the total sales of its merchants.

  • [By ]

    Etsy (ETSY) is the anti-Amazon (AMZN) , according to TheStreet’s founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

    Cramer interviewed Etsy’s CEO on Wednesday’s edition of CNBC’s Mad Money. 

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By Logan Wallace]

    Etsy (NASDAQ:ETSY) – Equities research analysts at KeyCorp decreased their Q4 2018 earnings per share (EPS) estimates for shares of Etsy in a note issued to investors on Tuesday, May 8th. KeyCorp analyst E. Yruma now expects that the specialty retailer will earn $0.19 per share for the quarter, down from their previous forecast of $0.23. KeyCorp has a “Overweight” rating and a $33.00 price objective on the stock.

Top Performing Stocks To Buy Right Now

The top penny stocks for January all climbed at least 60% last month, with the top penny stock posting gains of 170%.

We’re bringing these penny stocks to your attention now, because they could continue their strong performance this month.

Every week, we publish a new top penny stocks list that tracks the best-performing penny stocks on the Nasdaq and NYSEMKT. As a reminder, these lists should only be used as a tracking feature. Although many of these stocks consistently post double- and triple-digit gains, we don’t recommend them as stocks to buy. Penny stock investing can be risky, and these stocks should only be considered after extensive research. We’d never recommend penny stocks as a blanket investment when discussing individual winners.

As a bonus this week, we’re sharing with readers a free, 90-page marijuana investment report. This report is full of solid penny stock investments that we’ve researched for you. What’s more, these stocks are a part of an industry that’s projected to grow to $35 billion by 2020.

Top Performing Stocks To Buy Right Now: Semtech Corporation(SMTC)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    The wealthy are hoarding $10 billion of bitcoin in bunkers: Link $

    ECONOMIC DATA
    US May MBA mortgage applications -0.4% vs, -2.5% prior
    USA Core PPI (MoM) for Apr 0.20% vs 0.20% Est; Prior 0.30%. USA PPI (MoM) for Apr 0.10% vs 0.20% Est; Prior 0.30%
    Data on wholesale trade inventories for March will be released at 10:00 a.m. ET.
    The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is schedule for release at 10:30 a.m. ET.
    The Treasury is set to auction 10-year notes at 1:00 p.m. ET.
    Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 1:15 p.m. ET.
    ANALYST RATINGS
    Cantor upgraded Arrowhead Pharmaceuticals (NASDAQ: ARWR) from Neutral to Overweight
    RBC upgraded Semtech (NASDAQ: SMTC) from Sector Perform to Outperform
    Morgan Stanley downgraded Adient (NYSE: ADNT) from Overweight to Equal-Weight
    Jefferies downgraded Beacon Roofing (NASDAQ: BECN) from Buy to Hold

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

Top Performing Stocks To Buy Right Now: MPLX LP(MPLX)

Advisors’ Opinion:

  • [By Tyler Crowe]

    [T]his morning we announced our 2018 capital investment plans for both MPC and MPLX(NYSE:MPLX). This plan remains focus on strengthening the sustained earnings power of the business through growth and margin enhancing projects as well as expanding our more stable cash flow businesses especially Speedway and MPLX. Our capital plan for MPC for 2018 excluding MPLX is $1.6 billion. This plan spending includes $950 million for Refining & Marketing, $530 million for Speedway and $100 million to support corporate activities and other investments.

  • [By Tyler Crowe]

    It was looking like, for the first time in a while, we were going to be able to look at MPLX’s (NYSE:MPLX) most recent earnings report without having to consider some big transaction down the road that would fundamentally change these numbers and render them useless. Then, just a couple days before earnings were released, MPLX’s parent company,Marathon Petroleum (NYSE:MPC), announced a huge acquisition that could have a profound impact on MPLX down the road.

  • [By Tyler Crowe]

    So in this spirit, I thought I would share with you a stock you may want to consider for your own portfolio because it is one I have recently purchased myself: oil and gas logistics player MPLX LP (NYSE:MPLX). Here’s why I think it is a company worthy of investment and the recent change to the business that compelled me to buy this stock.

Top Performing Stocks To Buy Right Now: Etsy, Inc.(ETSY)

Advisors’ Opinion:

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By Ethan Ryder]

    Etsy (NASDAQ:ETSY) has earned a consensus rating of “Buy” from the fifteen research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $26.54.

  • [By Daniel Sparks]

    Etsy’s (NASDAQ:ETSY) momentum since its former CEO stepped down and was replaced by board member Josh Silverman this time last year continued in the company’s first quarter of 2018.With its fourth consecutive quarter of accelerating revenue growth, and swinging from a loss in the year-ago quarter to a profit in the first quarter of 2018, Etsy’s efforts are clearly paying off.

  • [By Jeremy Bowman]

    Shares ofEtsy, Inc.(NASDAQ:ETSY) were climbing again today after the online crafts marketplace got a vote of confidence from Loop Capital: Analyst Laura Champine initiated coverage with a “buy” rating and a $32 price target. Etsy shares gained as much as 9.6% during the trading day and finished up 8.3% on the endorsement.

Hot Heal Care Stocks For 2019

Bioanalytical Systems Inc (NASDAQ:BASI) files its latest 10-K with SEC for the fiscal year ended on September 30, 2017. Bioanalytical Systems Inc is a contract research organization providing drug discovery and development services and analytical instruments. Its customers and partners include pharmaceutical, biotechnology, academic and government organizations. Bioanalytical Systems Inc has a market cap of $22.010 million; its shares were traded at around $2.64 with a P/E ratio of 23.98 and P/S ratio of 0.96.

For the last quarter Bioanalytical Systems Inc reported a revenue of $5.87 million, compared with the revenue of $5.15 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $24.2 million, an increase of 18.6% from last year. For the last five years Bioanalytical Systems Inc had an average revenue decline of 3% a year.

The reported diluted earnings per share was 10 cents for the year, an increase of -125% from previous year. The Bioanalytical Systems Inc had an operating margin of 5.27%, compared with the operating margin of -14.87% a year before. The 10-year historical median operating margin of Bioanalytical Systems Inc is 2.56%. The profitability rank of the company is 4 (out of 10).

Hot Heal Care Stocks For 2019: Extra Space Storage Inc(EXR)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Extra Space Storage, Inc. (NYSE:EXR) hit a new 52-week high and low during trading on Tuesday . The company traded as low as $93.95 and last traded at $93.32, with a volume of 318074 shares changing hands. The stock had previously closed at $93.44.

  • [By Jon C. Ogg]

    Extra Space Storage Inc. (NYSE: EXR) was raised to Buy from Neutral at Merrill Lynch.

    ALSO READ: Jefferies Analysts Out With Top Stock Picks Before Global Tech Conference

    Goodyear Tire & Rubber Co. (NYSE: GT) was reiterated as Buy with a $36 price target (versus a $25.16 close) at Argus. The firm noted that the recent sell-off offers an attractive entry point.

Hot Heal Care Stocks For 2019: Artisan Partners Asset Management Inc.(APAM)

Advisors’ Opinion:

  • [By ]

    Artisan Partners Asset Management (NYSE: APAM)
    Another asset manager MLP that has piqued my interest, Artisan employs an organic, creativity-driven investment process managing money in the small-cap, mid-cap, value, and international equity spaces. All of the firm’s investment management teams are afforded autonomy in pursuit of their particular investment discipline. At the end of 2017, assets under management (AUM) stood at $115.5 billion. At around $40.70 per unit, the stock is at the upper end of its 52-week range. However, on a forward P/E basis, APAM is still attractively priced with a forward P/E of 16.6, an 11% discount to the S&P 500. It also pays a 5.9% yield.

  • [By Ethan Ryder]

    Synovus Financial Corp purchased a new stake in Artisan Partners Asset (NYSE:APAM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,188 shares of the asset manager’s stock, valued at approximately $3,508,000. Synovus Financial Corp owned 0.14% of Artisan Partners Asset at the end of the most recent reporting period.

Hot Heal Care Stocks For 2019: Advance Auto Parts Inc(AAP)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Advance Auto Parts, Inc. (NYSE: AAP) which rose 4% to $114.21. The stocks 52-week range is $78.81 to $158.59. Volume was nearly 2 million compared to the daily average volume of 1.5 million.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Advance Auto Parts, Inc. (NYSE: AAP) which rose over 8% to $114.18. The stocks 52-week range is $78.81 to $161.99. Volume was 5 million compared to the daily average volume of 1.4 million.

Hot Heal Care Stocks For 2019: Honeywell International Inc.(HON)

Advisors’ Opinion:

  • [By ]

    Meanwhile on Friday, Honeywell (HON) and General Electric (GE) release earnings. Eade views Honeywell as more of an economic bellwether than GE.

    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 ]

    It’d be one thing if GE were cheap, but on many metrics, it’s not. Many investors at this point would rather pay for United Technologies Corporation (UTX)  , Honeywell International Inc. (HON)  or 3M Co (MMM)  — the last two of which are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio.

  • [By Paul Ausick]

    Honeywell International Inc. (NYSE: HON) reported fourth-quarter and full-year 2017 results before markets opened Friday. For the quarter, the conglomerate posted adjusted diluted earnings per share (EPS) of $1.85 on revenues of $10.84 billion. In the same period a year ago, the company reported EPS of $1.74 on revenues of $9.99 billion. Fourth-quarter results also compare to consensus estimates for EPS of $1.84 and $10.75 billion in revenues.

  • [By Chris Lange]

    Honeywell International Inc. (NYSE: HON) will report its most recent quarterly results Friday morning. The consensus estimates for the first quarter call for EPS of $1.90 and $10.02 billion in revenue. Shares were last seen trading at $146.12, in a 52-week range of $122.40 to $165.13. The consensus price target is $173.00.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Honeywell (HON)

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

  • [By JJ Kinahan]

    Although many stocks haven’t rallied in response to positive earnings numbers yet, one exception was American Express Company (NYSE: AXP) last week. Shares had a nice response to earnings, jumping more than 7 percent. One reason could be AXP’s decision to raise guidance. General Electric Company (NYSE: GE) also got a boost Friday when the company left guidance unchanged instead of lowering it, as some analysts had feared. Honeywell international Inc. (NYSE: HON) raised guidance and found some traction in the market Friday, too. As we noted earlier this month, many investors appear more interested in the future than in what companies accomplished last quarter, so positive guidance from any company might receive a hearty reception.

Hot Heal Care Stocks For 2019: Etsy, Inc.(ETSY)

Advisors’ Opinion:

  • [By ]

    For an “Executive Decision” segment, Cramer sat down with Josh Silverman, CEO of the online marketplace Etsy (ETSY) , which saw its shares fall 4.5% after the company reported strong earnings that included a top- and bottom-line beat. Shares of Etsy were up 50% for the year going into this quarter’s results.

  • [By ]

    Etsy (ETSY) is the anti-Amazon (AMZN) , according to TheStreet’s founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

    Cramer interviewed Etsy’s CEO on Wednesday’s edition of CNBC’s Mad Money. 

  • [By Jeremy Bowman]

    Shares ofEtsy, Inc.(NASDAQ:ETSY) were climbing again today after the online crafts marketplace got a vote of confidence from Loop Capital: Analyst Laura Champine initiated coverage with a “buy” rating and a $32 price target. Etsy shares gained as much as 9.6% during the trading day and finished up 8.3% on the endorsement.

  • [By Ethan Ryder]

    Etsy (NASDAQ:ETSY) has earned a consensus rating of “Buy” from the fifteen research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $26.54.

Hot Heal Care Stocks For 2019: Amphenol Corporation(APH)

Advisors’ Opinion:

  • [By Shane Hupp]

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

    Trending Hot Stock’s Analysis Amphenol Corporation (NYSE:APH) (thestockgem.com) Royal Bank of Canada Raises Amphenol (APH) Price Target to $80.00 (americanbankingnews.com) Analyst Earnings Forecasts Summary: Amphenol Corporation’s (APH) (getstocksnews.com) Global Medical Pressure Sensors Market 2018 Manufacturers- Amphenol, Honeywell, NXP+Freescale and TE … (themobileherald.com) What’s Better? Amphenol Corporation (APH) Buy or Sell (nasdaqfortune.com)

    A number of research firms have issued reports on APH. Morgan Stanley raised their price target on shares of Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 25th. ValuEngine raised shares of Amphenol from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. SunTrust Banks reissued a “hold” rating and set a $89.00 price target (up from $82.00) on shares of Amphenol in a research report on Thursday, January 25th. Zacks Investment Research lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd. Finally, Cowen reaffirmed a “buy” rating and set a $105.00 price objective on shares of Amphenol in a research note on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. Amphenol has an average rating of “Buy” and a consensus price target of $92.00.

  • [By Ethan Ryder]

    Greenleaf Trust reduced its holdings in Amphenol (NYSE:APH) by 4.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,234 shares of the electronics maker’s stock after selling 714 shares during the period. Greenleaf Trust’s holdings in Amphenol were worth $1,484,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Robeco Institutional Asset Management B.V. increased its holdings in shares of Amphenol (NYSE:APH) by 4.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,105,805 shares of the electronics maker’s stock after buying an additional 47,719 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Amphenol were worth $95,258,000 at the end of the most recent quarter.

Investors Should Wait to Buy Etsy Stock Despite Earnings Beat

The quest of Etsy Inc (NASDAQ:ETSY) to improve itself and boost its performance continues. The Brooklyn, New York-based specialty retail platform reported yet another earnings and revenue beat in its Q1 earnings announcement. With a new CEO and a sharper focus, the Etsy site conducts record amounts of business and continues its double-digit growth.

However, Wall Street has taken notice. With a high valuation moving ahead of an impressive growth rate, investors should wait before buying a stake in Etsy stock.

ETSY stock sold off despite reporting solid growth

On Tuesday, investors received favorable Etsy stock news as the company reported Q1 earnings per share (EPS) at 10 cents. This number came in 5 cents per share higher than analysts had estimated. The company lost less than 1 cent per share in the same quarter last year.

Revenues of $120.91 million also beat expectations by $1.59 million. This represents 24.8% year-over-year revenue growth for the company. Users have driven more revenue to the platform as gross merchandise sales (GMS) rose 19.8% year-over-year to $861.08 million.

Despite the strong numbers, traders punished the Etsy stock in Wednesday trading, sending the stock down by over 4.5%. Since most of the metrics indicated nothing but robust growth, investors may have used the occasion to take profits. The stock’s value has nearly tripled over the last 12 months.

Etsy has become better positioned to compete

When Josh Silverman took over the CEO position in May 2017, he instituted four key initiatives. With these focus points, Silverman sought to build trust in the Etsy brand, as well as to improve search, marketing, and seller tools. The results have now translated into higher revenue and earnings growth.

Many also feared a move by Amazon.com, Inc. (NASDAQ:AMZN) into the craft space would sink Etsy. However, few associate Amazon with handcrafted goods. Hence, Etsy appears to have fought off this competition despite facing a more heavily resourced e-commerce peer.

This makes sense as people tend to shop Amazon to find low prices and quick delivery of mass-produced goods. Shoppers of handcrafted goods tend to look for quality or artistry, product categories with less price sensitivity.

As for other alternatives, consumers know eBay Inc (NASDAQ:EBAY) as more of an auction site. Also, artisans who build their own site on the Shopify Inc (NYSE:SHOP) platform will likely have a more difficult time marketing their wares. Given these factors, the Etsy site better suits the needs of the small-business artisan.

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Watch Valuation on ETSY Stock

Many factors serve to benefit Etsy stock, the company has moved into a strong position for growth. However, valuation may create a problem for prospective investors. The increased optimism regarding Etsy has taken the price-to-earnings (PE) ratio to 55.

This may serve as an indication that the Etsy stock price has moved ahead of company growth. The firm will see a slight slowdown in earnings this year. However, over the next three years, analysts expect average earnings growth to exceed 30% per year. And with only a $3.6 billion market cap, plenty of room for growth remains. As my colleague Laura Hoy stated, investors simply need to wait for a lower stock price.

The Bottom Line on ETSY Stock

Investors should wait for a better entry point before buying Etsy stock. Etsy again beat analyst estimates in its latest report. The changes made by Josh Silverman have tightened the focus and improved the execution of the specialty online retail platform.

While this makes ETSY stock a great hold in the long run, the equity has almost tripled in value over the last twelve months. Moreover, a massive selloff following a strong earnings report serves as a further indication that the stock price has moved ahead of earnings.

Etsy Inc has become a solid company, and I do not think Amazon or any other online competitor will succeed in pushing it aside. However, with its elevated stock price, buyers should wait before opening a position in Etsy stock.

As of this writing, Will Healy did not hold a position in any of the afor