It’s no big secret that Medicare isn’t exactly on solid financial footing, but the recently released 2018 Medicare Trustees Report shows that the problem may be even worse than we thought. With that in mind, here are five key takeaways from the 260-page report that Americans need to hear, and what they could mean to you.
The Hospital Insurance (HI) trust fund is set to run out of money three years sooner
According to last year’s trustees report, Medicare was expected to run out of money in the hospital insurance (HI) trust fund by 2029. Simply put, there are gradually going to be more and more people collecting Medicare benefits, and not enough people paying into the system, but we’ll get into that more later on. [Note: The hospital insurance trust fund supports Medicare Part A. Parts B and D, medical insurance and prescription drug coverage, are both funded through premiums and general revenues and are therefore not in trouble.]
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Top Medical Stocks To Invest In 2019: RadNet, Inc.(RDNT)
- [By Ethan Ryder]
RadNet Inc. (NASDAQ:RDNT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.65 and last traded at $15.55, with a volume of 15009 shares changing hands. The stock had previously closed at $15.15.
- [By Ethan Ryder]
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
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Edited Transcript of RDNT earnings conference call or presentation 9-Aug-18 2:30pm GMT (finance.yahoo.com) Stocks Favored By Analysts: RadNet, Inc. (NASDAQ:RDNT) & RCI Hospitality Holdings, Inc. (NASDAQ:RICK) (baycityobserver.com) RadNet, Inc. (RDNT) stock closes -0.37% above from its SMA-50 (nasdaqplace.com) $241.29 Million in Sales Expected for RadNet Inc. (RDNT) This Quarter (americanbankingnews.com) Zacks: Analysts Expect RadNet Inc. (RDNT) to Announce $0.15 EPS (americanbankingnews.com)
Shares of RDNT traded up $0.20 during trading hours on Friday, hitting $14.10. The stock had a trading volume of 128,336 shares, compared to its average volume of 171,176. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $678.40 million, a PE ratio of 48.62, a P/E/G ratio of 5.02 and a beta of 0.32. RadNet has a 1-year low of $9.50 and a 1-year high of $15.50.
- [By Motley Fool Transcribers]
RadNet Inc (NASDAQ:RDNT)Q4 2018 Earnings Conference CallMarch 14, 2019, 10:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Shane Hupp]
Biocept (NASDAQ: RDNT) and RadNet (NASDAQ:RDNT) are both small-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.
Top Medical Stocks To Invest In 2019: Scana Corporation(SCG)
- [By Logan Wallace]
SCANA (NYSE:SCG) and NiSource (NYSE:NI) are both mid-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, risk, analyst recommendations, earnings and profitability.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was SCANA Corp. (NYSE: SCG) which traded down roughly 5% at $41.13. The stock’s 52-week range is $37.10 to $71.28. Volume was 3.5 million, compared with the daily average of 3 million shares.
- [By Matthew Frankel, CFP®, Neha Chamaria, and Matthew DiLallo]
Granted, Dominion Energy’s payout of around 70% is at the higher end, but it shouldn’t be tough for the utility to maintain dividends given the highly regulated nature of its revenue. Of late, the market has been concerned about a couple of developments, including Dominion’s impending acquisition of SCANA Corp. (NYSE: SCG) and its planned funding route that is now in the reworks because of regulatory changes.
- [By Reuben Gregg Brewer]
SCANA Corporation’s (NYSE:SCG) dividend yield is listed at an enticing 7%, but don’t get suckered in. This utility is dealing with a very troubling situation right now. You are better off sticking to a high-yield stock like utility peer Duke Energy Corporation (NYSE:DUK) and its very generous 4.9% yield. Here’s why.
Top Medical Stocks To Invest In 2019: Newmont Mining Corporation(NEM)
- [By Shane Hupp]
Comerica Bank lowered its holdings in shares of Newmont Mining Co. (NYSE:NEM) by 9.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 148,670 shares of the basic materials company’s stock after selling 15,699 shares during the period. Comerica Bank’s holdings in Newmont Mining were worth $6,236,000 at the end of the most recent reporting period.
- [By ]
Gold miners have fought for their survival over the last several years, cutting new investments in production and trimming costs. Data from Bloomberg shows the average extraction costs at the largest miners has fallen 27% over the last five years. Tom Brady, Chief Economist at Newmont Mining (NYSE: NEM) estimates global gold production will slip by 1% annually over the next several years due to decreased capital spending by miners.
- [By Ethan Ryder]
Engineers Gate Manager LP lessened its stake in shares of Newmont Mining Co. (NYSE:NEM) by 44.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,506 shares of the basic materials company’s stock after selling 68,807 shares during the period. Engineers Gate Manager LP’s holdings in Newmont Mining were worth $3,341,000 at the end of the most recent reporting period.
- [By Neha Chamaria]
In fact, there couldn’t be a better time to buy gold stocks, given the ongoing industry consolidation. Two massive recent deals — Barrick Gold’s (NYSE:GOLD) merger with Randgold Resources and Newmont Mining’s (NYSE:NEM) impending acquisition of Goldcorp (NYSE:GG) — are creating the world’s two largest publicly traded gold mining companies. More recently, Barrick Gold even made a takeover bid for Newmont Mining, but the two gold mining giants have only agreed to combine their operations in Nevada in a joint venture as of this writing. These developments make investing in gold stocks now incredibly interesting.
- [By Matthew DiLallo]
Barrick Gold is the largest gold miner in the world, producing 5.32 million ounces of the precious metal in 2017. While that was down from 5.53 million ounces in 2016 — and well off the company’s peak from a few years ago — it was enough to edge out Newmont Mining’s (NYSE:NEM) 5.27 million ounces for the top spot. In addition to gold, Barrick also produced 413 million pounds of copper, which — while significant — pales in comparison to Freeport-McMoRan’s 3.7 billion pounds, enough to make it the world’s largest publicly traded copper producer.
- [By Joseph Griffin]
Nemetschek (ETR:NEM) received a €137.00 ($159.30) price target from equities researchers at Hauck & Aufhaeuser in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective indicates a potential upside of 14.45% from the company’s previous close.