There’s good news and there’s bad news for Emerald Health Therapeutics Inc (NASDAQOTH:EMHTF) shareholders. The good news is that the marijuana stock jumped close to 50% higher in August. The bad news is that Emerald Health’s share price is still down nearly 20% year to date.
The more important news for investors, though, is that none of this matters when it comes to what might happen next for Emerald Health. What’s really important is how well the company is positioned to grow. Is Emerald Health Therapeutics a buy? Here’s what you need to know.
Image source: Getty Images.
Great opportunities
Pretty much every Canadian marijuana grower hopes to capitalize on two tremendous opportunities. The first opportunity is the country’s recreational cannabis market, which is scheduled to open for business on Oct. 17, 2018. The second opportunity is the rapidly expanding global medical cannabis market.
Top 10 Medical Stocks To Own Right Now: Energy Select Sector SPDR ETF (XLE)
Advisors’ Opinion:
- [By Ethan Ryder]
Traders sold shares of Energy Select Sector SPDR Fund (NYSEARCA:XLE) on strength during trading hours on Thursday. $150.97 million flowed into the stock on the tick-up and $236.14 million flowed out of the stock on the tick-down, for a money net flow of $85.17 million out of the stock. Of all stocks tracked, Energy Select Sector SPDR Fund had the 0th highest net out-flow for the day. Energy Select Sector SPDR Fund traded up $0.09 for the day and closed at $73.65
- [By Jim Crumly]
The tech stocks led the market higher today, with the Technology Select Sector SPDR ETF (NYSEMKT:XLK) posting a gain of 0.6%. Crude oil set a two-year high, and the Energy Select Sector SPDR ETF (NYSEMKT:XLE) moved up 0.3%.
- [By Tyler Crowe, Jason Hall, and Matthew DiLallo]
The oil and gas industry has been a strange market lately. Even though the price of oil is up close to 40% over the past year, the Energy Select Sector SPDR ETF (NYSEMKT:XLE), which is comprised largely of oil and gas companies, is up just 17%. While a 17% return is impressive in its own right, it is still well below the gains of crude oil. While it’s not a surefire sign that the industry is undervalued, it does suggest that those willing to sift through the industry could find some deals as oil hovers around $70 a barrel.
- [By Jim Crumly]
Energy led the market, with the Energy Select Sector SPDR ETF (NYSEMKT:XLE) rising 2%. Banks were laggards today; the SPDR S&P Regional Banking ETF (NYSEMKT:KRE) lost 1%.
- [By Garrett Baldwin]
Despite the recent market turmoil, oil stocks have locked in substantial gains over the last few months. In fact, earlier this week, SPDR S&P Oil & Gas Exploration & Production ETF (NYSE Arca: XLE) overtook the S&P 500’s performance over the last year. In order to take advantage of these gains, we’ve identified the best oil stock to buy as international prices continue to rise. Check it out here…
Top 10 Medical Stocks To Own Right Now: MGIC Investment Corporation(MTG)
Advisors’ Opinion:
- [By Paul Ausick]
MGIC Investment Corp. (NYSE: MTG) traded down about 5.2% Tuesday to post a new 52-week low of $10.07 after closing Monday at $10.62. The stock’s 52-week high is $16.21. Volume was more than three times the daily average of around 3.6 million shares. The company had no specific news Tuesday. About half an hour before the closing bell the stock traded up about 2% for the day.
- [By Dan Caplinger]
Monday was a positive day on Wall Street, as major benchmarks jumped following an uneventful weekend, tapering their gains as the session came to a close. Some had feared that China might retaliate once again after the U.S. issued a second round of tariffs against the nation with the world’s second-largest economy, but the expected fireworks didn’t come, putting market participants more at ease. The beginning of earnings season in the next week will also distract investors from geopolitical issues, perhaps allowing indexes to climb further. Yet some individual stocks had difficulties that sent their shares lower. Yandex (NASDAQ:YNDX), Menlo Therapeutics (NASDAQ:MNLO), and MGIC Investment (NYSE:MTG) were among the worst performers on the day. Here’s why they did so poorly.
- [By Ethan Ryder]
Headlines about MGIC Investment (NYSE:MTG) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MGIC Investment earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.9053330399122 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
- [By Logan Wallace]
Bowling Portfolio Management LLC lifted its position in shares of MGIC Investment Corp. (NYSE:MTG) by 17.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,375 shares of the insurance provider’s stock after buying an additional 31,473 shares during the period. Bowling Portfolio Management LLC’s holdings in MGIC Investment were worth $2,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Joseph Griffin]
News articles about MGIC Investment (NYSE:MTG) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MGIC Investment earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 45.4136127704926 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
- [By Paul Ausick]
MGIC Investment Corp. (NYSE: MTG) traded down about 6.5% Wednesday to post a new 52-week low of $10.07 after closing Tuesday at $10.77. The stock’s 52-week high is $16.21. Volume was more than double the daily average of around 4.2 million shares. The company reported uninspiring first-quarter results this morning.
Top 10 Medical Stocks To Own Right Now: OMNOVA Solutions Inc.(OMN)
Advisors’ Opinion:
- [By Motley Fool Transcribing]
OMNOVA Solutions (NYSE:OMN) Q3 2018 Earnings Conference CallSep. 26, 2018 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Garrett Baldwin]
Get an exclusive invitation to meet Tim before everyone else right here.
The Top Stock Market Stories for Wednesday
The U.S. markets are preparing for the eighth interest rate hike since 2015, and the Federal Reserve may not be done yet. Markets are weighing the possibility that the Fed may raise rates one more time this year (in December). The hikes come as the Fed is attempting to shrink its $4.5 trillion balance sheet. When Powell speaks this afternoon, expect a few questions about the impact of the trade war between the United States and China. Reporters will also likely want to know about geopolitical risks to the U.S. economy and how they might affect growth in a higher-interest-rate environment. Yesterday, U.S. President Donald Trump gave a speech before the United Nations General Assembly. During his talk, Trump praised the U.S. economy and defended his administration’s actions this year on trade. Trump said that the United States will no longer endure “abuse” from other trade partners. The U.S. Trade Representative Robert Lighthizer also said Tuesday that the U.S. is prepared to proceed on a new trade deal with Mexico without the participation of Canada. Oil prices are in focus after President Trump called out OPEC members before the U.N. on Tuesday. During his talk, Trump accused OPEC and non-OPEC participants in collusion efforts on production and prices of ripping off the rest of the world.
Three Stocks to Watch Today: NKE, SVMK, DB
Shares of Nike Inc. (NYSE: NKE) fell 3.5% after the sports apparel giant reported earnings after the bell. The company topped earnings expectations and reported profit growth of 15%. However, investors took some profits off the table. Shares of Nike stock are up more than 35% on the year. SVMK, the parent company of SurveyMonkey, has priced its upcoming IPO at $12 per share. That figure is above analysts’ initial range expectation of $9 to $11 per share. The firm expects to reach a market capitalization of $1.46 bil - [By Motley Fool Staff]
OMNOVA Solutions (NYSE:OMN) Q2 2018 Earnings Conference CallJun. 28, 2018 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 10 Medical Stocks To Own Right Now: Grupo Aeroportuario del Centro Norte S.A.B. de C.V.(OMAB)
Advisors’ Opinion:
- [By Ethan Ryder]
Corporacion America (NYSE: CAAP) and Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, risk, dividends, analyst recommendations, earnings and valuation.
- [By Logan Wallace]
Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) has earned an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $46.00.
- [By Shane Hupp]
UBS Group assumed coverage on shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) in a research note issued to investors on Monday morning, The Fly reports. The brokerage issued a buy rating on the transportation company’s stock.
Top 10 Medical Stocks To Own Right Now: Sypris Solutions Inc.(SYPR)
Advisors’ Opinion:
- [By Lisa Levin]
Sypris Solutions, Inc. (NASDAQ: SYPR) is projected to report quarterly loss at $0.07 per share on revenue of $20.35 million.
Fusion Connect, Inc. (NASDAQ: FSNN) is expected to report quarterly loss at $0.11 per share on revenue of $36.71 million.
Top 10 Medical Stocks To Own Right Now: Airgas Inc.(ARG)
Advisors’ Opinion:
- [By Stephan Byrd]
Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.
Top 10 Medical Stocks To Own Right Now: Evercore Partners Inc(EVR)
Advisors’ Opinion:
- [By Ethan Ryder]
EVRAZ plc (LON:EVR)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 578 ($7.53) and last traded at GBX 578 ($7.53), with a volume of 1513584 shares trading hands. The stock had previously closed at GBX 568.20 ($7.40).
Top 10 Medical Stocks To Own Right Now: Contango Oil & Gas Company(MCF)
Advisors’ Opinion:
- [By Joseph Griffin]
Contango Oil & Gas (NASDAQ:MCF) was downgraded by equities researchers at Seaport Global Securities from a “buy” rating to a “neutral” rating in a research report issued on Friday.
- [By Ethan Ryder]
Fmr LLC increased its position in shares of Contango Oil & Gas (NYSEAMERICAN:MCF) by 33.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,583,039 shares of the oil and natural gas company’s stock after buying an additional 899,900 shares during the quarter. Fmr LLC owned 13.93% of Contango Oil & Gas worth $20,352,000 at the end of the most recent quarter.
- [By Stephan Byrd]
COPYRIGHT VIOLATION NOTICE: “Contango Oil & Gas (MCF) Short Interest Update” was originally published by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://www.tickerreport.com/banking-finance/3346537/contango-oil-gas-mcf-short-interest-update.html.
Top 10 Medical Stocks To Own Right Now: Caterpillar, Inc.(CAT)
Advisors’ Opinion:
- [By Logan Wallace]
State of Tennessee Treasury Department grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 6.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 585,735 shares of the industrial products company’s stock after purchasing an additional 33,966 shares during the period. State of Tennessee Treasury Department owned about 0.10% of Caterpillar worth $86,325,000 as of its most recent SEC filing.
- [By Lee Samaha]
Like its peer Caterpillar (NYSE:CAT), Deere & Company (NYSE:DE) has seen its stock decline in 2018. While end market conditions are improving and both companies raised guidance, the market has decided to take a dim view of their prospects. In Caterpillar’s case I think the market is overly worried by management’s commentary on rising raw material prices, and a similar argument applies to Deere. Let’s take a look at why it’s time to get greedy with Deere stock.
- [By Dan Caplinger]
The big question is where growth will come from for these companies. CalAmp’s strategy is clear: use increased interest in the Internet of Things to drive expansion in as many areas as possible. Recently, relationships in the telematics area have grown increasingly important, with the company’s collaboration with Caterpillar (NYSE:CAT) bearing fruit in the form of record sales to the heavy-equipment manufacturer.
- [By Paul Ausick]
Caterpillar Inc. (NYSE: CAT) traded up 2.13% at $156.01. The stock’s 52-week range is $123.62 to $173.24. Volume was about 20% above the daily average of around 4.5 million. Analysts at Baird raised their rating on the stock from Neutral to Outperform and boosted the price target from $155 to $191.
Top 10 Medical Stocks To Own Right Now: (VIAB)
Advisors’ Opinion:
- [By Motley Fool Transcribers]
Viacom Inc (NASDAQ:VIAB)Q1 2019 Earnings Conference CallFeb. 04, 2019, 4:30 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Viacom, Inc. (NASDAQ: VIAB) which traded down over 3% at $29.42. The stock’s 52-week range is $22.13 to $46.70. Volume was about 6.6 million compared to the daily average volume of 4.4 million.
- [By Keith Noonan]
The chart below tracks the pricing movement of Sinclair, Twenty-First Century Fox (NASDAQ:FOX) (NASDAQ:FOXA) and Viacom (NASDAQ:VIA) (NASDAQ:VIAB) across June and shows corresponding movements that indicate that the new M&A climate was responsible for most of the big media industry stock gains in June.
- [By Leo Sun]
Viacom’s (NASDAQ:VIAB) Digital Studios also plans to launch ten new series for the platform, including MTV’s Clean Slate and Filthy Living, and syndicate 500 episodes from its content library. Viacom’s decision to partner with Snap isn’t surprising, as it’s been desperately trying to reach younger viewers who are shunning its core MTV, VH1, and Comedy Central cable networks.
- [By Garrett Baldwin]
This morning, President Trump suggested that the United States is considering strong military action in response to recent chemical attacks carried out on civilians by the Syrian government. The president promised to send “nice and new and ‘smart'” missiles to Syria and accused the Russian government of partnering with a “Gas Killing Animal who kills his people and enjoys it!” The president’s remarks are a significant departure from comments made last week, which suggested that the United States would be pulling out of Syria in the coming months. Trump’s threat of war over a recent chemical attack in Syria drove crude oil and gold prices higher. Geopolitical worries often offer a boost to commodity prices due to concerns about supply. Trump’s threat comes at a time that markets are already concerned about a significant military conflict in the Middle East between Saudi Arabia and Iran. WTI crude prices added 0.9% to hit $66.10 per barrel. Brent crude pushed to $71.10 per barrel. Gold price topped $1,350 per ounce and are poised for bigger gains. According to Axios, U.S. Speaker of the House Paul Ryan (R-WI) has privately told friends that he will not seek reelection in the fall. The news comes at a perilous time for Republicans, who are expected to lose the House of Representatives and potentially the Senate. Axios was the first to report the news. The story is also notable because Ryan recently achieved his long-time goal of passing tax reform in late 2017.
Four Stocks to Watch Today: FB, FOXA, CBS
Shares of Twenty-First Century Fox Inc. (NYSE: FOXA) fell in pre-market hours on news that investigators from the European Commission raided the firm’s London office yesterday. Reports indicate that investigators are trying to keep their goals confidential. However, there has been a lot of scrutiny over Rupert Murdoch’s goal to purchase rival Sky in recent months. British authorities have argued that this deal would not be in the public’s best interest. Accor