Tag Archives: WMT

Best Stocks To Own Right Now

Do I hear 20,000? 21,000? That’st the subject Wall Street investors are starting to consider after postelection ebullience has stretched equity markets deeper into the record books since Nov. 8.

Read: Trump rally’s best and worst stocks a month after the election

The Dow Jones Industrial Average
DJIA, +0.20%
 has registered a streak of record closes — it has scored 15 all-time finishing highs since Donald Trump’s election. The blue-chip gauge, as of Monday, was about 200 points away from hitting the psychologically significant level of 20,000.

Best Stocks To Own Right Now: Coffee Holding Co., Inc.(JVA)

Advisors’ Opinion:

  • [By Max Byerly]

    Coffee (NASDAQ:JVA) posted its earnings results on Friday. The company reported $0.00 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.07), MarketWatch Earnings reports. Coffee had a return on equity of 3.99% and a net margin of 1.23%. The firm had revenue of $23.44 million during the quarter.

Best Stocks To Own Right Now: Wal-Mart Stores, Inc.(WMT)

Advisors’ Opinion:

  • [By Leo Sun]

    This indicated that Macy’s was still struggling with sluggish mall traffic and competition from Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT), and Target (NYSE:TGT). But the bulls noted that Macy’s gross margins were still expanding, so it wasn’t relying too heavily on promotions to drive its sales growth.

  • [By Daniel B. Kline]

    Walmart (NYSE:WMT) has devoted significant resources to offering customers new ways to order online, then pick up in its stores. This has included offering in-store kiosks, and curbside pickup of grocery orders at some stores.

  • [By Leo Sun]

    Many investors pay close attention to Walmart’s (NYSE:WMT) consumer-facing digital efforts, which include its expanding e-commerce marketplace and new delivery options. However, Walmart’s supply chain is also undergoing a dramatic transformation through its new partnerships with Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM).

Best Stocks To Own Right Now: Xylem Inc.(XYL)

Advisors’ Opinion:

  • [By John Rotonti]

    On the other hand, the right investments in R&D efforts to develop new products and services can help companies differentiate themselves from competitors and build sustainable moats. Xylem (NYSE:XYL), a leading pure-play water technology provider, has increased its R&D investments as a percentage of sales to accelerate the pace of innovation across its product portfolio. 3M (NYSE:MMM), with its diversified product portfolio and strong focus on innovation, is another example.

  • [By Joseph Griffin]

    Xylem Inc (NYSE:XYL) has been assigned an average rating of “Buy” from the fifteen ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $78.31.

  • [By Joseph Griffin]

    Trillium Asset Management LLC lowered its holdings in shares of Xylem Inc (NYSE:XYL) by 9.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 328,065 shares of the industrial products company’s stock after selling 32,775 shares during the period. Xylem makes up approximately 1.2% of Trillium Asset Management LLC’s portfolio, making the stock its 18th largest holding. Trillium Asset Management LLC’s holdings in Xylem were worth $22,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Xylem (XYL)

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

  • [By Max Byerly]

    Hsbc Holdings PLC cut its holdings in Xylem Inc. (NYSE:XYL) by 7.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 309,799 shares of the industrial products company’s stock after selling 26,335 shares during the quarter. Hsbc Holdings PLC’s holdings in Xylem were worth $23,830,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Xylem (XYL)

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

Top 5 Warren Buffett Stocks To Watch Right Now

Billionaire Warren Buffett’s warning that a new accounting change wouldcause “truly wild swings” in his company’squarterly earnings is now a reality.

Berkshire Hathaway reported a rare net loss of $1.1 billion in the first quarter, but the decline was due largely to a newrule that requiresit to report unrealized gains or losses in stock investments as net income. Berkshire reported a $6.3 billion loss in investment income in the first three months of the year.

The swing to a loss Berkshire’s first quarterly loss since 2009, according to Bloomberg wasn’t entirely unexpected.

In his annual letter to shareholders in February, Buffett warned that the new reporting rule would produce some “truly wild and capricious swings.” He also noted that “gyrations of that magnitude will swamp the truly important numbers that describe our performance.”

Top 5 Warren Buffett Stocks To Watch Right Now: Western Copper and Gold Corporation(WRN)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Western Copper (NYSEAMERICAN:WRN) (TSE:WRN) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 367,976 shares, an increase of 17.9% from the May 31st total of 312,021 shares. Based on an average daily trading volume, of 131,386 shares, the short-interest ratio is currently 2.8 days.

Top 5 Warren Buffett Stocks To Watch Right Now: Fidelity Southern Corporation(LION)

Advisors’ Opinion:

  • [By Max Byerly]

    ValuEngine cut shares of Fidelity Southern (NASDAQ:LION) from a strong-buy rating to a buy rating in a research note published on Wednesday morning.

  • [By Logan Wallace]

    RMB Capital Management LLC reduced its stake in Fidelity Southern Co. (NASDAQ:LION) by 10.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 684,220 shares of the financial services provider’s stock after selling 83,927 shares during the period. RMB Capital Management LLC owned approximately 2.53% of Fidelity Southern worth $15,785,000 at the end of the most recent reporting period.

  • [By Shane Hupp]

    Dimensional Fund Advisors LP boosted its stake in Fidelity Southern Co. (NASDAQ:LION) by 6.7% during the 1st quarter, HoldingsChannel reports. The firm owned 1,680,359 shares of the financial services provider’s stock after buying an additional 105,499 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Fidelity Southern worth $38,766,000 at the end of the most recent reporting period.

Top 5 Warren Buffett Stocks To Watch Right Now: Wal-Mart Stores, Inc.(WMT)

Advisors’ Opinion:

  • [By Daniel B. Kline]

    While Walmart (NYSE:WMT) has been in the news for all of the investment it has made in growing its digital business, the chain’s warehouse club, Sam’s Club, has only received media attention when the company decided to close 63 of the membership-based chain’s locations.

  • [By Mac Greer]

    In this Market Foolery podcast, host Mac Greer is joined by Motley Fool analysts Andy Cross andMatt Argersingerto discuss the top financial and business stories of the day. High on the list: Walmart(NYSE:WMT) finally closed the deal to buy a majority stake in India’s top e-commerce company Flipkart. But closer to home, Disney(NYSE:DIS) turned in a great quarter, as did Electronic Arts(NASDAQ:EA). And shares of troubled TripAdvisor (NASDAQ:TRIP)took a giant leap upward on an earnings beat. The Fools dig into the details.

  • [By Adam Levine-Weinberg]

    Last month, Costco posted yet another strong sales performance despite headwinds from the timing of Easter and a tough year-over-year comparison. This may indicate that the company is gaining new customers in the wake of Walmart (NYSE:WMT) closing roughly 10% of its domestic Sam’s Club warehouse locations.

Top 5 Warren Buffett Stocks To Watch Right Now: Air T, Inc.(AIRT)

Advisors’ Opinion:

  • [By Logan Wallace]

    News articles about Air T (NASDAQ:AIRT) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Air T earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the transportation company an impact score of 46.6995978620286 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Top 5 Warren Buffett Stocks To Watch Right Now: Chipotle Mexican Grill Inc.(CMG)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday.
    Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 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.
    Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21.
    MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06.
    Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results.
    Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25.
    Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit.
    BioTelemetry,
  • [By Lisa Levin]

    Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) got a boost, shooting up 25 percent to $423.49 as the company reported stronger-than-expected earnings for its first quarter on Wednesday.

  • [By Timothy Green]

    Shares of Chipotle Mexican Grill (NYSE:CMG) rocketed higher earlier this year when Taco Bell veteran Brian Niccol was named CEO of the struggling fast-casual chain. But now there seems to be a bit of buyer’s remorse.

  • [By Rich Smith]

    In just a little over two weeks, Chipotle Mexican Grill (NYSE:CMG) will report financial results for fiscal Q2 2018. Investors, however, aren’t waiting to see the numbers before buying this stock; Chipotle shares are up 14% over the past year — and up 82% since hitting their low point in February.

  • [By ]

    While SNAP crushed earnings and gained more than a few new followers, investors bashed shares of Chipotle Mexican Grill (NYSE:CMG).

    Chipotle topped earnings estimates this week. But there was plenty of bad news to go along with the burrito joints earnings beat. Chipotle management expects the chain to continue to suffer from decreased foot traffic and slow same-store sales growth.

  • [By Jon C. Ogg]

    The long saga of the Chipotle Mexican Grill Inc. (NYSE: CMG) and its food fiascos finally may have seen its worst. In fact, an almost 20% gain in the shares after the earnings report may be signalingsomething even larger. Chipotle shares have now rallied a whopping 60% from the post-panic lows, and many analysts on Wall Street are still hanging on to a very cautious or negative stance.

Top 10 Warren Buffett Stocks To Own Right Now

With the current bull market entering its eighth year and the S&P 500 trading wellabove its historic average, it’s becoming increasingly difficult to find and buy cheap stocks today — challenging, but not impossible.

In fact, some of businesses’ biggest names trade at significant discounts to the market, including companies like Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK.B), Cisco Systems (NASDAQ:CSCO), and International Business Machines (NYSE:IBM). As such, let’s dive into what specifically makes these value stocks particularly intriguing investing opportunities today.

Berkshire Hathaway

A monument to the powers of savvy capital allocation, Warren Buffett’s Berkshire Hathaway has produced so impressive a track record of investment excellence that it may never be seen again. Since 1965, Berkshire shares have appreciated at an average annual rate of 20.1% per year, which translates to a 1,972,000% increase in value.

Today, Berkshire also mirrors its octogenarian CEO in some respects. Like Buffett, Berkshire has grown mature, its days of torrent growth largely in its rear-view mirror. However, the company controls an enviable assortment of high-quality businesses that will continue to throw off substantial amounts of free cash. Though Buffet and his longtime business partner are irreplaceable, The Oracle of Omaha has cultivated a deep bench of managers that should be able to skillfully tend to the company’s operational and investing needs. At just 16 times last year’s earnings, Berkshire shares remain a highly attractive option amid a generally expensive market.

Top 10 Warren Buffett Stocks To Own Right Now: JA Solar Holdings, Co., Ltd.(JASO)

Advisors’ Opinion:

  • [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

  • [By Garrett Baldwin]

    We’re about to reveal a little wealth secret that could unlock the trade of a lifetime.Money MorningSpecial Situation Strategist Tim Melvin takes you inside what could easily be a 10-bagger for investors in the weeks ahead.Read more right here.

    The Top Stock Market Stories for Tuesday
    The Euro has plunged to its lowest point against the U.S. dollar in 2018 thanks to political problems in Europe. The breakdown of power in Italy has raised new concerns about the nations ability to repay its debts, as the spread between German and Italian bonds has widened. Market instability has also spread to Spain where the nations parliament is preparing to vote on whether to oust Prime Minister Mariano Rajoy and his party. Oil prices slid one news that OPEC and Russia will consider hikes in production during a meeting in Vienna, Austria on June 22nd. The news accompanied reports that U.S. production is expected to rise throughout the summer. The price of WTI oil sat at $67.20 per barrel. The Brent crude oil price recovered this morning, adding 1% to hit $76.12. Canadian banks are under pressure this morning over a major breach by cyber criminals. The Bank of Montreal (NYSE: BMO) and the Canadian Imperial Bank of Commerce (NYSE: CM) the two largest banking institutions in the country announced that roughly 90,000 customers data may have been stolen. This would be the first major cybersecurity event to happen in Canada involving financial firms.
    Three Stocks to Watch Today: CRM, SBUX, MOMO
    com (NYSE: CRM) will lead a busy day of earnings reports on Wall Street. The cloud computing giant is set to report fiscal first quarter 2019 numbers after the bell on Tuesday. The average analyst projection calls for a 46% jump in EPS of $0.46 on top of a 23% gain in revenue to $2.94 billion. Starbucks Corporation (Nasdaq: SBUX) will temporarily close about 8,000 locations on Tuesday to train roughly 175,000 employees on racial bias. The training sessions were

Top 10 Warren Buffett Stocks To Own Right Now: Sohu.com Inc.(SOHU)

Advisors’ Opinion:

  • [By Daniel Sparks]

    Shares of Chinese internet company Sohu.com (NASDAQ:SOHU) fell as much as 11.8% on Wednesday, following the company’s first-quarter earnings release. The stock is down 8.4% at the time of this writing.

  • [By Rick Munarriz]

    The market isn’t warming up toSohu.com’s(NASDAQ:SOHU)latest financial report. Its shares are hitting their lowest levels since the summer of 2007 after the Chinese online advertising, search, and gaming specialist posted disappointing first-quarter results on Wednesday morning.

  • [By Rick Munarriz]

    I’ve been coveringSohu.com (NASDAQ:SOHU)for awhile, so when the Chinese internet pioneer announced plans tospin off Sogou, I was more than a little interested. Sogou has been the main growth driver at Sohu for years. With Sohu’s online advertising business meandering and its internet gaming business proving volatile, search has been its crown jewel.

Top 10 Warren Buffett Stocks To Own Right Now: CSX Corporation(CSX)

Advisors’ Opinion:

  • [By Max Byerly]

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

    Get Encana alerts:

    Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers : Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation Encana Corporation (NYSE: ECA) (financerater.com)

    ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

  • [By ]

    CSX Corp. (CSX) shares rose slightly ahead of its first-quarter financial results, which will be released after the bell Tuesday, April 17.

  • [By ]

    CSX Corp. (CSX) shares jumped in after-hours trading Tuesday, April 17, after reporting a top- and bottom-line beat for the first quarter, driven by lower costs and restructuring expenses.

Top 10 Warren Buffett Stocks To Own Right Now: Sealed Air Corporation(SEE)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Sealed Air (NYSE:SEE) has been given a $52.00 target price by investment analysts at UBS in a research report issued to clients and investors on Wednesday, www.stocktargetadvisor.com reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. UBS’s price objective indicates a potential upside of 13.99% from the stock’s current price.

  • [By Max Byerly]

    State of New Jersey Common Pension Fund D lessened its holdings in shares of Sealed Air (NYSE:SEE) by 16.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 50,000 shares of the industrial products company’s stock after selling 10,000 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Sealed Air were worth $2,140,000 as of its most recent SEC filing.

  • [By Shane Hupp]

    Celanese (NYSE: CE) and Sealed Air (NYSE:SEE) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Top 10 Warren Buffett Stocks To Own Right Now: FMC Technologies, Inc.(FTI)

Advisors’ Opinion:

  • [By Lisa Levin]

     

    Companies Reporting After The Bell
    Booking Holdings Inc. (NASDAQ: BKNG) is projected to post quarterly earnings at $10.67 per share on revenue of $2.87 billion.
    CenturyLink, Inc. (NYSE: CTL) is expected to post quarterly earnings at $0.19 per share on revenue of $6.00 billion.
    Albemarle Corporation (NYSE: ALB) is projected to post quarterly earnings at $1.21 per share on revenue of $803.36 million.
    Spectra Energy Partners, LP (NYSE: SEP) is estimated to post quarterly earnings at $0.81 per share on revenue of $751.57 million.
    IAC/InterActiveCorp (NASDAQ: IAC) is expected to post quarterly earnings at $0.8 per share on revenue of $923.80 million.
    Open Text Corporation (NASDAQ: OTEX) is projected to post quarterly earnings at $0.62 per share on revenue of $691.75 million.
    Tutor Perini Corporation (NYSE: TPC) is expected to post quarterly earnings at $0.29 per share on revenue of $1.09 billion.
    Twenty-First Century Fox, Inc. (NASDAQ: FOXA) is projected to post quarterly earnings at $0.54 per share on revenue of $7.41 billion.
    ICU Medical, Inc. (NASDAQ: ICUI) is estimated to post quarterly earnings at $1.84 per share on revenue of $346.28 million.
    TechnipFMC plc (NYSE: FTI) is expected to post quarterly earnings at $0.33 per share on revenue of $3.13 billion.
    Synaptics Incorporated (NASDAQ: SYNA) is projected to post quarterly earnings at $0.91 per share on revenue of $401.76 million.
    The Dun & Bradstreet Corporation (NYSE: DNB) is expected to post quarterly earnings at $1.07 per share on revenue of $386.91 million.
    Matrix Service Company (NASDAQ: MTRX) is estimated to post quarterly earnings at $0.07 per share on revenue of $285.16 million.
    Maiden Holdings, Ltd. (NASDAQ: MHLD) is projected to post quarterly earnings at $0.21 per share on revenue of $739.31 million.
    tronc, Inc. (NASDAQ: TRNC) is expected to post quarterly earnings at $0.65 per share on revenue of $428.25 million.
    Copa Holdings,

  • [By Joseph Griffin]

    DNB Markets upgraded shares of TechnipFMC (NYSE:FTI) from a hold rating to a buy rating in a research report report published on Friday morning, MarketBeat reports.

  • [By Dan Caplinger]

    Oil-field services companies have endured a rocky road in recent years, and even though 2018 has seen nice gains in oil prices so far, investors aren’t sure whether companies like TechnipFMC (NYSE:FTI) have truly turned the corner. For the provider of energy services both off the coast and at land-based well sites, rising energy prices are just the first step in spurring its exploration and production company customers to utilize more of its services.

Top 10 Warren Buffett Stocks To Own Right Now: LeMaitre Vascular, Inc.(LMAT)

Advisors’ Opinion:

  • [By Brian Feroldi]

    In response to reporting first-quarterresults, shares ofLeMaitre Vascular (NASDAQ:LMAT), a medical device maker focused on niche products used duringvascular surgery, fell 20% as of 10:35 a.m. EDT on Thursday.

  • [By Logan Wallace]

    Shares of LeMaitre Vascular Inc (NASDAQ:LMAT) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $34.40.

  • [By Lisa Levin]

    Shares of LeMaitre Vascular, Inc. (NASDAQ: LMAT) were down 20 percent to $31.235 after the company reported weaker-than-expected Q1 results.

    Essendant Inc (NASDAQ: ESND) was down, falling around 24 percent to $7.255 after reporting downbeat quarterly earnings.

  • [By Lisa Levin]

    Shares of LeMaitre Vascular, Inc. (NASDAQ: LMAT) were down 17 percent to $32.47 after the company reported weaker-than-expected Q1 results.

    Essendant Inc (NASDAQ: ESND) was down, falling around 23 percent to $7.38 after reporting downbeat quarterly earnings.

Top 10 Warren Buffett Stocks To Own Right Now: Sigma Designs, Inc.(SIGM)

Advisors’ Opinion:

  • [By Steve Symington]

    Data source: Silicon Laboratories.

    What happened with Silicon Labs this quarter?
    Revenue was above the high end of guidance provided in late January, which called for a range of $196 million to $202 million. On an adjusted (non-GAAP) basis, which excludes items like equity compensation and acquisition costs, net income was $38.3 million, or $0.87 per share — also above guidance for adjusted earnings per share of between $0.73 and $0.79. IoT revenue grew 17% year over year to $103 million. Infrastructure revenue jumped 37% year over year to $49 million. Broadcast revenue declined 3% to $36 million. Access revenue fell 6% to $17 million. Subsequent to the end of the quarter, on April 18, 2018, Silicon Labs closed its $240 million acquisition of Sigma Designs’ (NASDAQ:SIGM) Z-Wave business. Silicon Labs had initially agreed to acquire all of Sigma Designs this past December for $282 million, but amended the deal last quarter to include only its Z-Wave business after certain closing conditions weren’t met. In any case, the purchase significantly expands Silicon Labs’ position in mesh networking for smart homes.

    What management had to say

    Silicon Labs CEO Tyson Tuttle said:

Top 10 Warren Buffett Stocks To Own Right Now: Wal-Mart Stores, Inc.(WMT)

Advisors’ Opinion:

  • [By Douglas A. McIntyre]

    Wal-Mart Stores Inc. (NYSE: WMT) will start to sell e-readers in Japan. According to CNBC:

    The big-box retailer is partnering with Rakuten, a Tokyo-based e-commerce business, to sell e-books and audiobooks on Walmart.com, a category that’s never been offered on the website before.

  • [By Motley Fool Staff]

    In this segment from the MarketFoolery podcast, host Chris Hill and Motley Fool analyst David Kretzmann dig into the details of Walmart’s(NYSE:WMT) latest quarter. The retail giant outperformed on profits and revenue, and its e-commerce business continues to grow faster. But as it shifts resources into moves like its $16 billion Flipkart deal, its gross margin is shrinking, and it’s going to keep feeling pressure on that score.

  • [By Ethan Ryder]

    Royal Bank of Canada set a $88.00 target price on Walmart (NYSE:WMT) in a research report released on Thursday morning. The brokerage currently has a neutral rating on the retailer’s stock.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion.
    J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion.
    Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion.
    The Children's Place, Inc. (NASDAQ: PLCE) is estimated to report quarterly earnings at $2.21 per share on revenue of $444.14 million.
    Manchester United plc (NYSE: MANU) is expected to report quarterly loss at $1.35 per share on revenue of $193.67 million.
    Teekay Corporation (NYSE: TK) is estimated to report quarterly loss at $0.08 per share on revenue of $296.76 million.
    KEMET Corporation (NYSE: KEM) is projected to report quarterly earnings at $0.41 per share on revenue of $306.72 million.
    Vascular Biogenics Ltd. (NASDAQ: VBLT) is estimated to report a quarterly loss at $0.21 per share.
    Teekay Offshore Partners L.P. (NYSE: TOO) is expected to report quarterly earnings at $0.04 per share on revenue of $272.04 million.
    Albireo Pharma, Inc. (NASDAQ: ALBO) is expected to report quarterly earnings at $1.77 per share on revenue of $31.32 million.

     

Top 10 Warren Buffett Stocks To Own Right Now: Superior Energy Services Inc.(SPN)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Superior Energy Services (SPN)

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

Top 10 Warren Buffett Stocks To Own Right Now: Western Union Company (WU)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Western Union (WU)

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

  • [By Paul Ausick]

    The Western Union Co. (NYSE: WU) dropped 2.9% Tuesday to post a new 52-week low of $17.38. Shares closed at $18.93 on Monday and the stock’s 52-week high is $22.21. Volume was more nearly 10% above the daily average of around 6 million shares. The company’s stock was hit following an announcement from Walmart of a worldwide money transfer service.

  • [By Stephan Byrd]

    ARGI Investment Services LLC grew its holdings in shares of Western Union (NYSE:WU) by 80.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,928 shares of the credit services provider’s stock after purchasing an additional 43,290 shares during the quarter. ARGI Investment Services LLC’s holdings in Western Union were worth $1,864,000 at the end of the most recent reporting period.

  • [By ]

    Cramer was bearish on Tower Semiconductor (TSEM) , Western Union (WU) , Huntington Ingalls (HII) and (LX) .

    Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.

  • [By ]

    Western Union (WU) : “It doesn’t get any respect and it’s hard to own. There are better stocks out there.”

    Idexx Laboratories (IDXX) : “The pet story is a bull story, and I say buy.”

Best Small Cap Stocks To Buy For 2018

Asian shares are set for a slightly higher open, after a muted close in the U.S. Treasuries extended their recent decline and the dollar advanced as investors looked past trade comments by President Donald Trump amid a fresh batch of solid economic data.

Futures in Japan, Australia and South Korea all pointed to modest gains. The S&P 500 Index closed slightly lower after Trump raised doubts about the outcome of talks between his trade representatives and China’s negotiator. Domestically focused U.S. small caps hit a fresh record. Ten-year Treasury yields hit the highest since 2011, while Brent crude rose to a level unseen since 2014 amid mounting signs that global stockpiles are shrinking.

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Investors are dealing with recent evidence that the world’s largest economy will continue its solid expansion, resulting in the highest U.S. bond yields in years, as well as issues stretching from peace talks on the Korean peninsula to Italian populists forming a government. Looming over it all are trade talks between the U.S. and China, the outcome of which could cement the global growth story — or derail it.

Best Small Cap Stocks To Buy For 2018: Alnylam Pharmaceuticals Inc.(ALNY)

Advisors’ Opinion:

  • [By Max Byerly]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) last issued its quarterly earnings results on Thursday, May 3rd. The biopharmaceutical company reported ($1.41) EPS for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.06. The business had revenue of $21.90 million during the quarter, compared to analysts’ expectations of $35.23 million. Alnylam Pharmaceuticals had a negative return on equity of 36.81% and a negative net margin of 565.20%. The business’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($1.25) earnings per share. equities analysts anticipate that Alnylam Pharmaceuticals, Inc. will post -6.7 earnings per share for the current fiscal year.

  • [By Brian Orelli]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) released first-quarter results last week, but all eyes were looking forward as the company waits for a potential approval of its hereditary TTR amyloidosis (ATTR) drug, patisiran.

  • [By Keith Speights]

    I wrote three months ago that I viewed Alnylam Pharmaceuticals (NASDAQ:ALNY) stock as a pretty good pick — but with a couple of qualifications. First, I didn’t think that the biotech would generate returns in 2018 nearly as great as it did last year. Second, I thought that there were even better stocks to buy than Alnylam.

  • [By Brian Orelli]

    The delay in an FDA decision for Tegsedi puts it behind competitor Alnylam Pharmaceuticals (NASDAQ:ALNY), which expects to hear from the FDA by Aug. 11 for its hATTR drug patisiran. But Sarah Boyce, the president at Akcea Therapeutics, doesn’t think a few months will really matter: “We don’t really feel that’s going to have any impact and the drugs will be close enough together from a launch perspective. So not really [going] to make any adjustments, and we’re very well prepared to be ready to launch following approval.”

Best Small Cap Stocks To Buy For 2018: Wal-Mart Stores, Inc.(WMT)

Advisors’ Opinion:

  • [By Jim Crumly]

    As for individual stocks, Walmart (NYSE:WMT) reported first-quarter sales gains, and shares ofCisco Systems (NASDAQ:CSCO) fell after the tech giant gave uninspiring guidance.

  • [By JJ Kinahan]

    Next week there is a string of companies from the retail sector reporting earnings. Home Depot Inc. (NYSE: HD) is scheduled before market open Tuesday, May 15, Macy’s Inc. (NYSE: M) before market open Wednesday, May 16, and Walmart Inc. (NYSE: WMT) before market open on Thursday, May 17. Deere & Company (NYSE: DE) is also scheduled to report before the open on Friday, May 18.

  • [By ]

    Walmart (NYSE:WMT) is one of these companies. The biggest brick and mortar retail operation in the country has maintained a healthy rivalry with Amazon over the past year. The company made all the right moves. It even bought e-commerce upstart Jet.com as part of a bigger campaign to boost its online footprint. If any retailer could go toe to toe with Amazon, its Walmart. The gloves were off

  • [By Demitrios Kalogeropoulos]

    The week ahead includes earnings announcements from two major retailers, Home Depot (NYSE:HD) and Walmart (NYSE:WMT), and an updated look at video game publisher Take-Two Interactive’s (NASDAQ:TTWO)latest growth trends.

  • [By Paul Ausick]

    Walmart Inc. (NYSE: WMT) reported first-quarter fiscal 2019 results before markets opened Thursday. The retailing giant posted adjusted diluted earnings per share (EPS) of $1.14 on net sales of $121.63 billion, excluding membership fees in Sam’s Club. In the same period a year ago, Walmart reported EPS of $1.00 on sales of $116.53 billion. First-quarter results also compare to consensus estimates for EPS of $1.13 and $120.51 billion in sales.

  • [By Paul Ausick]

    According to a report at Bloomberg, the board of directors of India’s Flipkart e-commerce website has agreed to sell a 75% stake in the company to Walmart Inc. (NYSE: WMT) for about $15 billion. So far, neither Flipkart nor Walmart has confirmed the report.

Best Small Cap Stocks To Buy For 2018: National CineMedia, Inc.(NCMI)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Twin Disc, Incorporated (NASDAQ: TWIN) shares surged 24.34 percent to close at $28.86 following Q3 earnings.
    Bioblast Pharma Ltd. (NASDAQ: ORPN) rose 21.89 percent to close at $2.45.
    Evolus, Inc. (NASDAQ: EOLS) gained 20.19 percent to close at $8.75. Evolus named David Moatazedi as new CEO.
    VivoPower International PLC (NASDAQ: VVPR) rose 18.56 percent to close at $3.13 on Monday after falling 39.86 percent on Friday.
    CEL-SCI Corporation (NYSE: CVM) gained 17.09 percent to close at $2.74.
    athenahealth, Inc. (NASDAQ: ATHN) shares jumped 16.39 percent to close at $146.75 on Monday after Elliott Management confirmed a $160 per share cash offer for athenahealth.
    Gramercy Property Trust (NYSE: GPT) rose 15.45 percent to close at $27.50 after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share.
    National CineMedia, Inc. (NASDAQ: NCMI) surged 15.23 percent to close at $6.43 after the company posted upbeat quarterly profit.
    Turtle Beach Corporation (NASDAQ: HEAR) rose 14.53 percent to close at $7.33
    CohBar, Inc. (NASDAQ: CWBR) gained 14.36 percent to close at $6.29.
    Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH) gained 12.69 percent to close at $3.64.
    Gannett Co., Inc. (NYSE: GCI) gained 12.27 percent to close at $10.89 following Q1 results.
    CVR Refining, LP (NYSE: CVRR) shares climbed 9.8 percent to close at $19.05.
    Illumina, Inc. (NASDAQ: ILMN) rose 4.93 percent to close at $256.89. Barclays upgraded Illumina from Equal-Weight to Overweight.
    Cloudera, Inc. (NYSE: CLDR) surged 3.92 percent to close at $15.63. Craig-Hallum initiated coverage on Cloudera with a Buy rating.

     

  • [By Lisa Levin] Gainers
    athenahealth, Inc. (NASDAQ: ATHN) shares climbed 23.2 percent to $155.19 after Elliott Management confirmed a $160 per share cash offer for athenahealth.
    Evolus, Inc. (NASDAQ: EOLS) gained 21.3 percent to $8.83. Evolus named David Moatazedi as new CEO.
    VivoPower International PLC (NASDAQ: VVPR) climbed 18.2 percent to $3.12 after falling 39.86 percent on Friday.
    Gramercy Property Trust (NYSE: GPT) rose 15.6 percent to $27.53 after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share.
    EP Energy Corporation (NYSE: EPE) rose 13 percent to $2.26.
    Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) gained 11.9 percent to $7.35.
    National CineMedia, Inc. (NASDAQ: NCMI) surged 11.8 percent to $6.24 after the company posted upbeat quarterly profit.
    Sanchez Energy Corporation (NYSE: SN) shares gained 11.3 percent to $3.56.
    CVR Refining, LP (NYSE: CVRR) shares rose 8.8 percent to $18.875.
    Monaker Group, Inc. (NASDAQ: MKGI) rose 8.7 percent to $2.9683.
    Kosmos Energy Ltd. (NYSE: KOS) shares rose 7.4 percent to $7.40.
    Ceragon Networks Ltd. (NASDAQ: CRNT) rose 7 percent to $2.88 after climbing 1.89 percent on Friday.
    Cloudera, Inc. (NYSE: CLDR) surged 6 percent to $15.93. Craig-Hallum initiated coverage on Cloudera with a Buy rating.
    Illumina, Inc. (NASDAQ: ILMN) rose 5.1 percent to $257.35. Barclays upgraded Illumina from Equal-Weight to Overweight.

    Check out these big penny stock gainers and losers

  • [By WWW.GURUFOCUS.COM]

    For the details of Standard General L.P.’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Standard+General+L.P.

    These are the top 5 holdings of Standard General L.P.National CineMedia Inc (NCMI) – 14,387,113 shares, 83.65% of the total portfolio. Shares added by 8.59%Turning Point Brands Inc (TPB) – 455,319 shares, 9.92% of the total portfolio. Shares added by 49.13%CafePress Inc (PRSS) – 2,500,000 shares, 3.77% of the total portfolio. Emmis Communications Corp (EMMS) – 515,231 shares, 2.66% of the total portfolio. Added: Turnin

What Happened in the Stock Market Today

Stock indexes were up in the morning Thursday, but drifted down during the session, despite advancing issues outnumbering decliners. TheDow Jones Industrial Average (DJINDICES:^DJI)lost about a quarter percentage point, and theS&P 500 (SNPINDEX:^GSPC)closed just barely in the red.

Today’s stock market

Index Percentage Change Point Change
Dow (0.22%) (54.95)
S&P 500 (0.09%) (2.33)

Data source: Yahoo! Finance.

Energy stocks rose on higher crude oil prices; theSPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT:XOP) jumped 3.1%. Small caps continued their recent upward trend, with theiShares Russell 2000 ETF (NYSEMKT:IWM) rising 0.5%.

As for individual stocks, Walmart (NYSE:WMT) reported first-quarter sales gains, and shares ofCisco Systems (NASDAQ:CSCO) fell after the tech giant gave uninspiring guidance.

People in business attire in front of display of stock prices.

Image source: Getty Images.

Walmart sees strong sales and falling margins

Walmart reported solid sales performance in its fiscal first quarter and managed to beat profit expectations despite rising costs and investments in e-commerce, but shares slumped 1.9%. Sales grew 4.4% — or 2.7% in constant currency terms — to $122.7 billion, compared with the analyst consensus estimate of $120.5 billion. Adjusted earnings per share of $1.14 beat estimates by $0.02, and grew 14% year over year.

Comparable sales in Walmart U.S. stores grew 2.1% with a 0.8% increase in traffic, while Sam’s Club stores had a 3.8% comp gain. Walmart International grew sales by 4.5% in constant currency, and U.S. e-commerce sales grew 33%.

Profits came under pressure, with gross margin falling 23 basis points in the U.S. and 15 basis points overall due to rising transportation and fuel costs and “price investments.” Operating costs as a percentage of sales increased 11 basis points primarily due to investments in e-commerce.

Walmart executives highlighted the investments the company is making in its future. It will increase online grocery pickup by around 1,000 stores this year to more than 2,100 locations in the U.S. It also expects to roll out grocery delivery to 800 stores by year-end, covering 40% of the U.S. population. The company’s most important bet is its acquisition of Indian e-commerce company Flipkart, which it announced last week. Walmart reiterated guidance that the deal will impact this year’s EPS by $0.25 to $0.30.

The earnings report held few surprises, but the good news of decent sales was apparently outweighed by the profit impact of Walmart’s growth initiatives.

Cisco fails to excite investors

Networking giant Cisco Systems announced fiscal third-quarter results that edged out expectations and issued guidance in line with estimates, but that wasn’t enough to inspire shareholders, and the stock fell 3.8%. Revenue increased 4.4% to $12.5 billion and non-GAAP earnings per share jumped 10% to $0.66. Analysts were expecting the company to earn $0.65 per share on $12.4 billion in sales.

Cisco is pushing to grow recurring revenue by moving to a subscription model, and reported some success in that area. Recurring revenue was 32% of the total, which was 2 percentage points above the year-ago result, but less than the 33% reported last quarter. Revenue from the applications segment grew a strong 19% to $1.3 billion, while infrastructure platforms increased 2% to $7.2 billion. Non-GAAP product gross margin fell from 63.2% to 62.9%, primarily due to pricing and higher memory costs.

For the fourth quarter, Cisco forecast revenue growth of 4% to 6% and non-GAAP EPS of between $0.68 and $0.70, compared with $0.61 last year. This was right on the analyst consensus of $0.69 in EPS on sales growth of 5%.

The quarter was decent for Cisco, although not particularly exciting. Investors were evidently hoping for a better outlook, although the stock is still up 15% for the year.

Deere In Headlights: Earnings Miss, China Trade Talk Share Center Stage Friday

The market has been tough on companies that didn’t quite meet expectations this earnings season, and Friday provided further examples. It’s not necessarily that firms aren’t doing well, but the bar has been raised and if you’re a company that doesn’t climb over that bar, you’re likely to get punched.

Deere & Company (NYSE: DE) on Friday became the latest big name to run into that particular buzz saw, missing Wall Street analysts’ average projection for earnings per share with a tally of $3.14 and seeing its shares fall in pre-market futures trading before jumping higher once the market actually opened. Analysts had expected $3.33, according to third-party consensus estimates. In a way, however, DE was a victim of high expectations, because its earnings were up a lot year-over-year but down vs. the Street’s consensus.

DE said in its release that the company is experiencing higher raw material and freight costs. This could point to the impact of rising energy prices on big industrial firms, and is something to keep in mind when the next earnings season rolls around in July. What DE didn’t say also stood out after its competitor Caterpillar Inc. (NYSE: CAT) earlier this earnings season said the Q1 represented a “high water mark.” DE didn’t repeat that sort of language in its release, and had a lot of nice things to say about a quarter that saw equipment net sales rise 34 percent based on what DE called “strength in key markets.”

DE was the second company to disappoint the Street since yesterday’s closing bell. Retailer Nordstrom, Inc. (NYSE: JWN) beat Wall Street analysts’ earnings per share estimates and raised guidance, but missed on same-store sales. That key metric barely rose (up 0.2 percent), and shares of JWN tumbled more than 6 percent in pre-market futures trading. The same-store weakness for JWN came after a bunch of other retailers reported growth in that area.

Campbell Soup Company (NYSE: CPB) was also in the news today as its CEO abruptly stepped down. Shares fell in pre-market futures trading.

Brief Case of China Trade Hiccups

International trade remains a touchpoint, and there was a little hiccup in the S&P 500 Index (SPX) at midday Thursday after President Trump told the media he doubts trade talks with China will succeed. Volatility got a slight bump after his comments while the SPX took a bit of a dip. However, the shakiness didn’t last long and soon the Cboe volatility index, or VIX—which had jumped to around 13.8 after Trump’s comments from under 13 earlier in the day—settled down and finished back around 13.4. The SPX also calmed down and registered just slight losses for the day. The takeaway here is that people didn’t show signs of panic despite the bearish trade remarks.

As we’ve seen over the last year, President Trump’s style is to make big statements that get noticed. Still, any one statement isn’t something investors—especially long-term investors—necessarily need to be too concerned about. If you’re in the market for the long term, it’s important to learn how to ignore the noise. That’s what investors seem to be doing more and more often. Meanwhile, trade talks continue between the U.S. and China, and could remain a market trigger next week. 

For people wondering if the current 2017-type of less turbulent market action can continue, the next week might be one worth watching. It’s around this time in the quarter when big firms sometimes make decisions on how to hedge volatility for the summer months. A lot of firms apparently had hedged volatility into June, judging from anecdotal evidence. The question is whether they’re going to keep that protection for the summer if they sense the possibility of market turbulence, or if they’ll decide to roll it off until September. There’s a seasonality component to volatility, and the VIX options market heading into Memorial Day weekend is where people might start getting an indication of the big firms’ next moves. 

Small Fry Come Up Big

From a sector perspective, the small-caps continued to enjoy a nice move as the week continued. The Russell 2000 Index (RUT) hit new all-time highs Wednesday and built on those gains Thursday as domestic stocks seemed to get more attention from some investors. As we noted yesterday, the small caps tend to have a higher percentage of their business here in the U.S., so perhaps some people see them as less exposed than big multinational companies to possible pressure from international trading tensions. They also might have more protection from a stronger dollar that can make U.S. products more expensive to foreign buyers.

Energy stocks have continued to push higher, and that sector was the one really stand-out performer Thursday. The main impetus is oil prices at the highest levels since 2014, but digging in a bit deeper we’re seeing refiners and smaller U.S. drilling companies outperforming some of the multinationals. Over the last month, the energy sector has easily outpaced the SPX, and it’s the leading sector performer over that time period. Info tech, which fell Thursday, is second on the leaderboard since a month ago while more “defensive” sectors like consumer staples, utilities, and telecom have taken it on the chin.

The weakness in staples and other defensive sectors is likely due in part to the continued rise in Treasury yields, which hit 3.1 percent for the benchmark 10-year early Thursday and stayed near that level most of the day before retreating to just under it by Friday morning. Two-year Treasury note yields reached their highest levels since August 2008, as shorter-term rates tend to be more sensitive than longer-term ones to a Fed rate hike cycle. Rising yields can sometimes start to make bonds look more appealing to some investors, something we haven’t really seen in a few years. That might be one reason the stock market hasn’t gained much traction.

Info tech came under pressure Thursday after shares of Cisco Systems, Inc. (NASDAQ: CSCO) dropped nearly 4 percent following its earnings release. CSCO’s results beat Wall Street analysts’ estimates and the company issued guidance that also appeared in line with analysts’ expectations, but there apparently was some disappointment that growth and guidance wasn't stronger given the favorable IT spending environment, according to Briefing.com. Meanwhile, Walmart Inc. (NYSE: WMT) shares fell despite beating Wall Street analysts’ earnings and revenue expectations. The focus after Thursday’s open appeared to switch to same-store sales, which came in just a tick below where the Street had expected.

Data on Thursday reinforced impressions of strong U.S. economic growth. The Philadelphia Fed Survey for May and the Conference Board’s Leading Economic Index for April both gained ground from the previous month.

By the way, if you’re in the Houston area tomorrow, come see TD Ameritrade’s Market Drive at the Hyatt Regency Houston. Registration opens at 8 a.m. CT.

chart_5_181.jpg
FIGURE 1: EASING OFF THE VOLATILITY PEDAL. Though volatility hasn’t declined all the way back to its January lows, it’s recently traded in the low-to-mid teens, as this year-to-date VIX chart shows. This week it rallied twice only to quickly give up gains. Arguably, this indicates the possibility that some investors—many of whom were hurt last year by holding long positions in VIX—are prepared to quickly bail at the slightest sign of a turndown in volatility. Data source: Cboe. Chart source: The thinkorswim® platform from TD Ameritrade. For illustrative purposes only. Past performance does not guarantee future results.

Gold Loses Some Luster

Gold is often considered a “safe haven,”where some investors go when they think the sky might start falling. If gold is a measure of market fear, then its performance lately doesn’t hint at much. The yellow metal fell this week to its lowest levels of the year, well below $1,300 an ounce, despite fresh global tensions centered on Iran and North Korea. One possibility is that gold took a hit from the rising dollar, which drew power recently in part from a rise in U.S. Treasury yields. Rising yields and strength in the greenback can often signal boom times for the world’s largest economy and less demand for gold from worried investors. Another aspect of gold’s recent decline could be more technical in nature, analysts said, pointing out that gold recently fell below its March lows. That might have caused some investors to bail. However, Reuters reported that some analysts believe the tense geopolitical situation could keep gold from sliding much further.

Waiting for Tax Cut Impact

With earnings season nearly done and some investors wondering where the next catalyst might be, maybe it makes sense to look backward at tax cuts passed by Congress late last year. Why? Because the full effect of those cuts hasn’t necessarily been fully absorbed by many companies. That means later this year, when some investors expect earnings growth to ease from the massive gains of Q1, many firms might actually get a boost as the impact of the tax cuts starts to work its way through their businesses. We’re probably talking about six months out, and as tax cuts get factored in, we might see an uptick then in capital spending and stock buybacks. There’s no way to perfectly forecast the future, but it’s something to think about if people start expressing pessimism about corporate growth later this year.

Baby Bust and the Market

If you’re an investor looking to the really long-term, there’s some news this week that might seem a bit alarming. The number of births in the U.S. last year fell 2 percent from the year before to the lowest level in 30 years, the National Center for Health Statistics reported. Births are down three years in a row, and the birth rate is at a record low. From a stock market perspective, that potentially means fewer kids shopping for clothes and phones about 10 years from now, and perhaps more burden on fewer people to support the country’s aging population. A prolonged decline in births, should it occur, could ultimately reduce demand for key commodities like oil, metals, and gas in decades to come. Nearer term, consider watching the consumer staples sector for any impact: A couple of major companies in consumer staples see billions of sales in diapers and diaper products each year. Those include adult diapers, too, however.

Information from TDA is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade.

Bumble Bee Foods CEO Facing Criminal Charges in Price-Fixing Scandal

The Bumble Bee Food CEO is facing criminal charges in a tuna price-fixing scandal that could land him up to a decade in jail and a costly fine.

Bumble Bee Foods Source: FDA

A federal grand jury has indicted Christopher Lischewski, who is the CEO of the company. The Department of Justice has accused Lischewski of meeting and communicating with rival seafood companies to keep tuna prices artificially high.

The Justice Department did not mention the name of the co-conspirators, but a number of major grocery chains such as Walmart Inc (NYSE:WMT), Kroger Co (NYSE:KR) and Albertsons have sued Bumble Bee, Starkis and the maker of Chicken-of-the-Sea in 2016 for fixing tuna prices.

The complaint claims that Lischewski took place in a conspiracy with other companies between November 2010 and December 2013, and he is the fourth individual charged in a federal probe into the industry. If convicted, he could face a 10-year prison sentence, a $1 million fine and other penalties.

Last year, Bumble Bee agreed to plead guilty for playing a role in the conspiracy and agreed to pay a $25 million criminal fine. Lischewski isn’t the first company executive to be charged in connection with the scam as back in 2016, senior vice president of sales Walter Scott Cameron has agreed to plead guilty for his role in the conspiracy.

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10 Stocks To Watch For May 17, 2018

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

Wall Street expects Walmart Inc. (NYSE: WMT) to report quarterly earnings at $1.13 per share on revenue of $120.51 billion before the opening bell. Walmart shares gained 1 percent to $86.99 in after-hours trading.
Analysts expect Applied Materials, Inc. (NASDAQ: AMAT) to post quarterly earnings at $1.14 per share on revenue of $4.45 billion after the closing bell. Applied Materials shares rose 0.15 percent to $55.25 in after-hours trading.
Jack in the Box Inc. (NASDAQ: JACK) reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent. Jack in the Box shares dropped 3.03 percent to $88.60 in the after-hours trading session.
Before the opening bell, Dillard's, Inc. (NYSE: DDS) is estimated to report quarterly earnings at $2.77 per share on revenue of $1.46 billion. Dillard's shares rose 0.14 percent to $72.10 in after-hours trading.
Analysts are expecting Childrens Place Inc (NASDAQ: PLCE) to have earned $2.21 per share on revenue of $444.14 million in the latest quarter. Childrens Place will release earnings before the markets open. Childrens Place shares gained 0.29 percent to $138.40 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.

Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent. Cisco shares declined 3.57 percent to $43.55 in the after-hours trading session.
After the markets close, Nordstrom, Inc. (NYSE: JWN) is projected to post quarterly earnings at $0.44 per share on revenue of $3.46 billion. Nordstrom shares rose 0.08 percent to $51.09 in after-hours trading.
Landcadia Holdings Inc (NASDAQ: LCA) and Waitr announced plans to merge, under which Landcadia would buy Waitr for $308 million. Landcadia shares rose 0.99 percent to $10.20 in after-hours trading.
Analysts expect J. C. Penney Company, Inc. (NYSE: JCP) to report quarterly loss at $0.2 per share on revenue of $2.63 billion before the opening bell. J. C. Penney shares fell 0.65 percent to $3.05 in after-hours trading.
Acxiom Corporation (NASDAQ: ACXM) reported stronger-than-expected results for its fourth quarter, but issued weak FY19 guidance. Acxiom shares dipped 10.01 percent to $24.80 in the after-hours trading session.

A Peek Into The Markets: US Stock Futures Down Ahead Of JC Penney Earnings

Pre-open movers

U.S. stock futures traded lower in early pre-market trade, ahead of earnings from J. C. Penney Company, Inc. (NYSE: JCP). Data on initial jobless claims for the latest week and the Philly Fed general conditions index for May will be released at 8:30 a.m. ET. The index of leading economic indicators for April is schedule for release at 10:00 a.m. ET. Minneapolis Federal Reserve President Neel Kashkari is set to speak at 10:45 a.m. ET, while Federal Reserve Bank of Dallas President Robert Kaplan will speak at 1:30 p.m. ET.

Futures for the Dow Jones Industrial Average fell 24 points to 24,716.00, while the Standard & Poor’s 500 index futures declined 4.75 points to 2,718.25. Futures for the Nasdaq 100 index declined 28.50 points to 6,910.25.

Oil prices traded higher as Brent crude futures rose 0.74 percent to trade at $79.87 per barrel, while US WTI crude futures gained 0.88 percent to trade at $72.12 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m. ET.

 

A Peek Into Global Markets

European markets were higher today, with the Spanish Ibex Index rising 0.30 percent, STOXX Europe 600 Index gaining 0.13 percent and German DAX 30 index gaining 0.26 percent. The UK's FTSE index was trading higher by 0.18 percent, while French CAC 40 Index rose 0.37 percent.

In Asian markets, Japan’s Nikkei Stock Average rose 0.53 percent, Hong Kong’s Hang Seng Index slipped 0.54 percent, China’s Shanghai Composite Index dropped 0.48 percent and India’s BSE Sensex slipped 0.67 percent.

Broker Recommendation

Analysts at Barclays upgraded The Coca-Cola Company (NYSE: KO) from Equal-Weight to Overweight.

Coca-Cola shares rose 0.91 percent to $41.93 in pre-market trading.

Breaking news

Walmart Inc (NYSE: WMT) reported better-than-expected results for its first quarter.
Childrens Place Inc (NASDAQ: PLCE) reported downbeat results for its first quarter.
Jack in the Box Inc. (NASDAQ: JACK) reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent.
Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent.

Bumble Bee Foods CEO Facing Criminal Charges in Price-Fixing Scandal

The Bumble Bee Food CEO is facing criminal charges in a tuna price-fixing scandal that could land him up to a decade in jail and a costly fine.

Bumble Bee Foods Source: FDA

A federal grand jury has indicted Christopher Lischewski, who is the CEO of the company. The Department of Justice has accused Lischewski of meeting and communicating with rival seafood companies to keep tuna prices artificially high.

The Justice Department did not mention the name of the co-conspirators, but a number of major grocery chains such as Walmart Inc (NYSE:WMT), Kroger Co (NYSE:KR) and Albertsons have sued Bumble Bee, Starkis and the maker of Chicken-of-the-Sea in 2016 for fixing tuna prices.

The complaint claims that Lischewski took place in a conspiracy with other companies between November 2010 and December 2013, and he is the fourth individual charged in a federal probe into the industry. If convicted, he could face a 10-year prison sentence, a $1 million fine and other penalties.

Last year, Bumble Bee agreed to plead guilty for playing a role in the conspiracy and agreed to pay a $25 million criminal fine. Lischewski isn’t the first company executive to be charged in connection with the scam as back in 2016, senior vice president of sales Walter Scott Cameron has agreed to plead guilty for his role in the conspiracy.

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Earnings Scheduled For May 17, 2018

Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion.
J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion.
Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion.
The Children's Place, Inc. (NASDAQ: PLCE) is estimated to report quarterly earnings at $2.21 per share on revenue of $444.14 million.
Manchester United plc (NYSE: MANU) is expected to report quarterly loss at $1.35 per share on revenue of $193.67 million.
Teekay Corporation (NYSE: TK) is estimated to report quarterly loss at $0.08 per share on revenue of $296.76 million.
KEMET Corporation (NYSE: KEM) is projected to report quarterly earnings at $0.41 per share on revenue of $306.72 million.
Vascular Biogenics Ltd. (NASDAQ: VBLT) is estimated to report a quarterly loss at $0.21 per share.
Teekay Offshore Partners L.P. (NYSE: TOO) is expected to report quarterly earnings at $0.04 per share on revenue of $272.04 million.
Albireo Pharma, Inc. (NASDAQ: ALBO) is expected to report quarterly earnings at $1.77 per share on revenue of $31.32 million.

 

Companies Reporting After The Bell
Applied Materials, Inc. (NASDAQ: AMAT) is projected to post quarterly earnings at $1.14 per share on revenue of $4.45 billion.
Nordstrom, Inc. (NYSE: JWN) is estimated to post quarterly earnings at $0.44 per share on revenue of $3.46 billion.
Raven Industries, Inc. (NASDAQ: RAVN) is expected to post quarterly earnings at $0.49 per share on revenue of $117.04 million.
21Vianet Group, Inc. (NASDAQ: VNET) is projected to post quarterly loss at $0.05 per share on revenue of $152.66 million.
Orion Engineered Carbons, S.A. (NYSE: OEC) is expected to post quarterly earnings at $0.49 per share on revenue of $370.91 million.
Taro Pharmaceutical Industries Ltd. (NYSE: TARO) is projected to post quarterly earnings at $1.51 per share on revenue of $186.59 million.
voxeljet AG (NYSE: VJET) is estimated to post quarterly loss at $0.39 per share on revenue of $6.12 million.

Walmart Inc Stock Down Despite Earnings Beat, Online Sales Growth

Walmart Inc (NYSE:WMT) saw its stock drop on Thursday despite releasing a strong earnings report for the first quarter of fiscal 2019.

Walmart Inc Stock Down Despite Earnings Beat, Online Sales GrowthSource: Mike Mozart via Flickr

Earnings per share reported by Walmart Inc for the first quarter of the year came in at $1.14. This is up from its earnings per share of $1.00 from the same time last year. It also just beat out Wall Street’s earnings per share estimate of $1.13 for the period.

Net income reported by Walmart Inc for the first quarter of fiscal 2019 was $2.13 billion. This is down from the retail company’s net income of $3.04 billion reported in the first quarter of the previous year.

During the first quarter of the year, Walmart Inc reported operating income of $5.15 billion. The company’s operating income reported in the same period of the year prior was sitting at $5.24 billion.

Walmart Inc also reported revenue of $122.69 billion for the first quarter of fiscal 2019. This is an increase over its revenue of $117.54 million that was reported in the first quarter of fiscal 2018. It also came in above analysts’ revenue estimate of $120.51 billion for the quarter.

Walmart Inc notes that it also saw its ecommerce sales for the first quarter of the year increase by 33%. The company has been making pushes to improve its ecommerce offerings in a bid to better compete against rival online retailer Amazon.com, Inc. (NASDAQ:AMZN).

What may be dragging WMT stock down today is its guidance update for the most recent quarter. Walmart Inc says that it is expecting its investment in Flipkart to negatively impact its fiscal 2019 earnings report. This includes hurting its earnings per share for the period by 25 cents to 30 cents. The company will provide a more detailed update in its earnings report for the second quarter of fiscal 2019.

WMT stock was down 2% as of Thursday afternoon.

As of this writing, William White did not hold a position in any of the aforementioned securities.

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Mid-Day Market Update: Baozun Rises Following Q1 Results; Jounce Therapeutics Shares Plummet

Midway through trading Thursday, the Dow traded up 0.15 percent to 24,805.86 while the NASDAQ climbed 0.26 percent to 7,417.56. The S&P also rose, gaining 0.25 percent to 2,729.24.

Leading and Lagging Sectors

On Thursday, the energy shares rose 1.34 percent. Meanwhile, top gainers in the sector included Seadrill Limited (NYSE: SDRL), up 46 percent, and Sanchez Energy Corporation (NYSE: SN) up 8 percent.

In trading on Thursday, real estate shares fell 0.34 percent.

Top Headline

Walmart Inc (NYSE: WMT) reported better-than-expected results for its first quarter.

Walmart said it earned $1.14 per share in the first quarter on revenue of $120.7 billion versus Wall Street's estimate of $1.13 per share on revenue of $120.51 billion.

Walmart U.S. comp sales rose 2.1 percent, comp traffic rose 0.8 percent. Comp sales at Sam's Club rose 3.8 percent on a traffic growth of 5.6 percent. Online sales also grew 33 percent in the quarter which marks a reversal from the prior quarter's disappointing performance in the prior quarter.

Equities Trading UP

Carver Bancorp, Inc. (NASDAQ: CARV) shares shot up 88 percent to $6.88.

Shares of Loxo Oncology, Inc. (NASDAQ: LOXO) got a boost, shooting up 21 percent to $168.56. The biopharmaceutical company that focuses on medicines for patients with genetically defined cancers said its oral presentation of LOXO-292 was selected for the "Best of ASCO" program.

Baozun Inc. (NASDAQ: BZUN) shares were also up, gaining 17 percent to $52.85 after reporting Q1 results.

Equities Trading DOWN

Jounce Therapeutics, Inc. (NASDAQ: JNCE) shares dropped 32 percent to $12.02. Abstract of the Phase 1/2 ICONIC trial that evaluated JTX-2011 monotherapy as well as in combination with nivolumab showed that the company has met its target enrolment in its combination cohorts across four solid tumor types, namely gastric cancer, triple-negative breast cancer, head and neck squamous cell cancer and non-small cell lung cancer.

Shares of J C Penney Company Inc (NYSE: JCP) were down 9 percent to $2.79 after the company reported downbeat Q1 results and lowered its FY2018 guidance.

Syndax Pharmaceuticals, Inc. (NASDAQ: SNDX) was down, falling around 21 percent to $8.76 after the company issued updated results from Phase 2 ENCORE trial of entinostat in combo with KEYTRUDA.

Commodities

In commodity news, oil traded up 0.45 percent to $71.81 while gold traded down 0.22 percent to $1,288.60.

Silver traded up 0.67 percent Thursday to $16.48, while copper rose 0.65 to $3.0905.

Eurozone

European shares were higher today. The eurozone’s STOXX 600 gained 0.49 percent, the Spanish Ibex Index rose 0.83 percent, while Italy’s FTSE MIB Index rose 0.11 percent. Meanwhile the German DAX rose 0.83 percent, and the French CAC 40 climbed 0.67 percent while U.K. shares rose 0.60 percent.

Economics

Initial jobless claims increased 11,000 to 222,000 in the latest week. Economists were projecting claims to total 215,000 last week.

The Philadelphia Fed manufacturing index rose to 34.4 for May, compared to 23.3 in April. Economists expected a reading of 21.9.

The index of leading economic indicators rose 0.4 percent for April.

Domestic supplies of natural gas increased 106 billion cubic feet for the week ended May 11, the U.S. Energy Information Administration reported. Analysts expected a gain of 104 billion cubic feet.

Federal Reserve Bank of Dallas President Robert Kaplan will speak at 1:30 p.m. ET.

Data on money supply for the latest week will be released at 4:30 p.m. ET.

Top 10 High Tech Stocks To Own For 2019

Shares of Deere (DE) have jumped nearly 15% today after the maker of agriculture machinery beat earnings forecasts and announced cost cuts. The announcement led to one of my favorite ratings changes of all time: S&P Global Market Intelligence’s Jim Corridore upgraded Deere to Sell from Strong Sell:

Reuters

We raise our 12-month target price to $80 from $70, 20X our FY 17 (Oct.) EPS estimate of $4.00 (unchanged today), well above Deere’s ten year average and above peers. We raise our FY 16 EPS estimate to $4.51 from $4.11 after Deere July-Qtr. EPS of $1.55 vs. $1.53 beat our $1.11 estimate. Revenues were worse than we expected, but Deere doing a great job cutting costs. EPS comparisons benefited from a 5.5% lower diluted share count. With end market conditions likely to remain unfavorable into calendar 2017, and given high valuation relative to peers and historic norms we remain negative.

Top 10 High Tech Stocks To Own For 2019: Smith Micro Software Inc.(SMSI)

Advisors’ Opinion:

  • [By Stephan Byrd]

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

    Get Smith Micro Software alerts:

    Short Interest in Smith Micro Software (SMSI) Increases By 51.9% (americanbankingnews.com) Smith Micro Software’s (SMSI) CEO Bill Smith on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) Smith Micro Software (SMSI) Reports Q1 Loss of $0.10 (streetinsider.com) Smith Micro Reports First Quarter 2018 Financial Results (finance.yahoo.com) Smith Micro announces above market USD 7.0m private placement offering (financial-news.co.uk)

    Separately, ValuEngine upgraded shares of Smith Micro Software from a “sell” rating to a “hold” rating in a report on Friday, February 2nd.

Top 10 High Tech Stocks To Own For 2019: Glu Mobile Inc.(GLUU)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Glu Mobile (NASDAQ:GLUU) insider Masi Niccolo De sold 134,785 shares of Glu Mobile stock in a transaction on Thursday, May 3rd. The shares were sold at an average price of $4.81, for a total value of $648,315.85. Following the completion of the transaction, the insider now owns 524,755 shares of the company’s stock, valued at $2,524,071.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

  • [By Rick Munarriz]

    Shares ofGlu Mobile(NASDAQ:GLUU)hit another two-year high on Wednesday. The mobile games publisher has been on a roll since posting blowout financial results last week. The stock moved 22% higher last week, and it has soared 171% since the start of last year.

Top 10 High Tech Stocks To Own For 2019: Kitov Pharamceuticals Holdings Ltd.(KTOV)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Acacia Communications, Inc. (NASDAQ: ACIA) shares rose 18.3 percent to $37.25 in pre-market trading after gaining 1.74 percent on Friday.
    Kitov Pharma Ltd (NASDAQ: KTOV) rose 12.1 percent to $2.69 in pre-market trading after surging 4.80 percent on Friday.
    NXP Semiconductors N.V. (NASDAQ: NXPI) rose 10.9 percent to $109.75 in pre-market trading after Bloomberg reported that the China’s Commerce Ministry has restarted its review of QUALCOMM Incorporated’s (NASDAQ: QCOM) proposed takeover of NXP Semiconductors.
    Renewable Energy Group, Inc. (NASDAQ: REGI) rose 10.6 percent to $15.20 in pre-market trading. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15.
    NeoPhotonics Corporation (NYSE: NPTN) rose 10 percent to $6.40 in pre-market trading.
    Vaxart, Inc. (NASDAQ: VXRT) shares rose 8 percent to $5.54 in pre-market trading after gaining 2.19 percent on Friday.
    Profire Energy, Inc. (NASDAQ: PFIE) rose 7.3 percent to $4.58 in pre-market trading after gaining 6.22 percent on Friday.
    Marvell Technology Group Ltd. (NASDAQ: MRVL) rose 7 percent to $22.49 in pre-market trading after falling 1.96 percent on Friday.
    Oclaro, Inc. (NASDAQ: OCLR) shares rose 6.9 percent to $9.16 in pre-market trading.
    TransEnterix, Inc. (NYSE: TRXC) rose 5.7 percent to $2.24 in pre-market trading after gaining 3.92 percent on Friday.
    CVR Refining, LP (NYSE: CVRR) rose 5.4 percent to $19.70 in pre-market trading.
    Federal Agricultural Mortgage Corporation (NYSE: AGM) rose 5.2 percent to $92.95 in pre-market trading.
    International Game Technology PLC (NYSE: IGT) rose 5.2 percent to $29.94 in pre-market trading.
    Lumentum Holdings Inc. (NASDAQ: LITE) shares rose 5.1 percent to $66.30 in the pre-market trading session.
    Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 5 percent to $10.70 in pre-market trading after climbing 15.66 percent on Friday.
    Finisar
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Nevro Corp. (NASDAQ: NVRO) fell 11.6 percent to $81.58 in pre-market trading after reporting wider-than-expected Q1 loss.
    Hertz Global Holdings, Inc. (NYSE: HTZ) shares fell 8.3 percent to $20.33 in pre-market trading after the company reported a wider-than-expected loss for its first quarter.
    Zillow Group, Inc. (NASDAQ: Z) fell 7.5 percent to $51.74 in pre-market trading. Zillow reported upbeat earnings for its first quarter, but issued weak sales guidance for the second quarter.
    Sanchez Energy Corporation (NYSE: SN) fell 7.2 percent to $3.11 in pre-market trading after reporting wider-than-expected Q1 loss.
    Atossa Genetics Inc. (NASDAQ: ATOS) shares fell 5.5 percent to $4.14 in pre-market trading after rising 11.17 percent on Monday.
    Albemarle Corporation (NYSE: ALB) fell 5.1 percent to $95.00 in pre-market trading. Albemarle declared a quarterly dividend of $0.335 per share.
    Tata Motors Limited (NYSE: TTM) fell 4.8 percent to $23.80 in pre-market trading.
    Ormat Technologies, Inc. (NYSE: ORA) fell 4.5 percent to $57.14 in pre-market trading after reporting Q1 results.
    Kitov Pharma Ltd (NASDAQ: KTOV) shares fell 4.3 percent to $2.25 in pre-market trading after gaining 1.73 percent on Monday.
    51job, Inc. (NASDAQ: JOBS) shares fell 4.2 percent to $93 in pre-market trading after rising 3.55 percent on Monday

Top 10 High Tech Stocks To Own For 2019: Wal-Mart Stores, Inc.(WMT)

Advisors’ Opinion:

  • [By Douglas A. McIntyre]

    Lord & Taylor will start to sell items on Walmart Inc.’s (NYSE: WMT) website. According to the world’s largest retailer:

    Walmart.com and Lord & Taylor today announced that the companies will begin to roll out the new Lord & Taylor flagship store on Walmart.com in the coming weeks. The flagship, which will debut with more than 125 brands, including Tommy Bahama, Vince Camuto, Miss Selfridge, La La Anthony, Lucky Brand, H Halston and Effy, will be part of Walmart.coms broader fashion destination.

  • [By Elizabeth Balboa]

    Walmart Inc (NYSE: WMT) announced last week it’s pursuing a 77-percent stake in the Indian e-commerce company Flipkart.

    The resulting exposure to the Indian market would heighten global competition with Amazon.com, Inc. (NASDAQ: AMZN) — a steady presence in southern Asia.

  • [By ]

    Ten months have passed since Action Alerts PLUS holding Amazon.com Inc. (AMZN) rocked the retail market with the announcement of its $13.7 billion acquisition of Whole Foods Market. Within that time, the e-commerce giant hijacked the industry, pushing grocery giants off their thrones with its ubiquitous Whole Foods delivery service. Walmart Inc. (WMT) , struggling with e-commerce, is slowly rolling back grocery offerings, instead focusing on everyday products. Kroger Co. (KR) has all but withered. Even the warehouse retailers are struggling to match Amazon’s sheer dominance in produce and perishable foods. 

  • [By Adam Levy]

    Amazon (NASDAQ:AMZN) benefited from that rule for a long time, but it eventually expanded its fulfillment center network to the point where it now collects sales tax in every state. Requiring other online retailers to collect sales tax — including third-party sellers on marketplaces like Amazon’s, eBay (NASDAQ:EBAY), or even Walmart’s (NYSE:WMT) website — would actually put Amazon back on equal footing with its biggest competition. What’s more, it could make smaller retailers more reliant on Amazon or other services to provide tax collection services, putting them at a further disadvantage.

Top 10 High Tech Stocks To Own For 2019: SVB Financial Group(SIVB)

Advisors’ Opinion:

  • [By Lisa Levin]

    SVB Financial Group (NASDAQ: SIVB) shares were also up, gaining 17 percent to $301.12 following strong quarterly results.

    Equities Trading DOWN

  • [By Lisa Levin] Gainers
    Genprex, Inc. (NASDAQ: GNPX) jumped 46.7 percent to $16.1331. The low-float small-cap clinical stage gene therapy company saw its stock rally nearly 150 percent from Monday through Thursday. Formal news hasn't been announced this week that would support a triple-digit percentage rally (including more than 200 percent at one point on Thursday) but the quiet period following its initial public offering will expire on May 8.
    Celyad SA (NASDAQ: CYAD) shares gained 24.7 percent to $36.17. Celyad reported the publication of THINK study case report of CYAD-01 Induced Complete Remission in relapsed/refractory AML patient in haematologica.
    DMC Global Inc. (NASDAQ: BOOM) shares jumped 23.2 percent to $39.00 after the company reported upbeat Q1 results and issued upbeat Q2 guidance.
    eHealth, Inc. (NASDAQ: EHTH) gained 21.8 percent to $19.58 as the company posted upbeat Q1 results.
    Enova International, Inc. (NYSE: ENVA) climbed 20.4 percent to $27.20 following Q1 results.
    SVB Financial Group (NASDAQ: SIVB) shares jumped 18.2 percent to $304.135 following strong quarterly results.
    Knowles Corporation (NYSE: KN) gained 13.9 percent to $12.70 as the company reported Q1 results.
    Zymeworks Inc. (NYSE: ZYME) gained 13.8 percent to $17.36.
    Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 11.8 percent to $2.336 after declining 25.09 percent on Thursday.
    ImmunoGen, Inc. (NASDAQ: IMGN) shares surged 11.7 percent to $11.75 after the company announced 'successful completion of interim analysis' for FORWARD I Phase 3 mirvetuximab soravtansine trial.
    Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX) gained 9.5 percent to $12.70.
    Expedia Group, Inc. (NASDAQ: EXPE) shares rose 8.5 percent to $115.3801 after the company reported stronger-than-expected earnings for its first quarter on Thursday.
    Sprint Corporation (NYSE: S) shares rose 8.3 percent to $6.50. The stock moved higher after a Reuters report suggested ongoing merger talks with T-M
  • [By Jordan Wathen]

    SVB Financial Group (NASDAQ:SIVB) stunned Wall Street with its first quarter earnings report. The bank holding company earned $195 million in the first quarter, a 92% increase from the year ago period. It also raised guidance for the remainder of the year, raising its outlook for growth in loans, deposits, net interest income, and more.

  • [By Lisa Levin]

    SVB Financial Group (NASDAQ: SIVB) shares were also up, gaining 19 percent to $305.90 following strong quarterly results.

    Equities Trading DOWN

Top 10 High Tech Stocks To Own For 2019: Broadwind Energy Inc.(BWEN)

Advisors’ Opinion:

  • [By Shane Hupp]

    Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.

  • [By Ethan Ryder]

    Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Top 10 High Tech Stocks To Own For 2019: Orchids Paper Products Company(TIS)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    SemiLEDs Corporation (NASDAQ: LEDS) shares rose 35.8 percent to $4.55.
    EVINE Live Inc. (NASDAQ: EVLV) gained 28.8 percent to $1.04. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
    Sanmina Corp (NASDAQ: SANM) shares surged 19.1 percent to $33.00 as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Heidrick & Struggles International, Inc. (NASDAQ: HSII) gained 14.9 percent to $37.22 as the company posted upbeat results for its first quarter.
    Santander Consumer USA Holdings Inc. (NYSE: SC) shares climbed 14 percent to $17.90 following upbeat quarterly earnings.
    Helix Energy Solutions Group, Inc. (NYSE: HLX) climbed 14 percent to $7.12 following strong quarterly results.
    Check-Cap Ltd. (NASDAQ: CHEK) gained 13.6 percent to $8.25.
    Atossa Genetics Inc. (NASDAQ: ATOS) rose 11.8 percent to $3.34. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
    Cadence Design Systems, Inc. (NASDAQ: CDNS) gained 11.6 percent to $40.99 after the company posted upbeat Q1 results and issued a strong Q2 forecast.
    Genprex, Inc. (NASDAQ: GNPX) climbed 11.2 percent to $4.9363.
    Mitel Networks Corporation (NASDAQ: MITL) rose 10.5 percent to $11.23 after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
    Systemax Inc. (NYSE: SYX) rose 10.2 percent to $30.86. Sidoti & Co. upgraded Systemax from Neutral to Buy.
    Orchids Paper Products Company (NYSE: TIS) surged 9.2 percent to $7.13. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
    New Oriental Education & Technology Group Inc. (NYSE: EDU) rose
  • [By Lisa Levin] Gainers
    Check-Cap Ltd. (NASDAQ: CHEK) shares jumped 104.82 percent to close at $14.87 on Tuesday.
    EVINE Live Inc. (NASDAQ: EVLV) rose 31.25 percent to close at $1.06. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
    SemiLEDs Corporation (NASDAQ: LEDS) shares climbed 27.16 percent to close at $4.26 on Tuesday.
    Atossa Genetics Inc. (NASDAQ: ATOS) gained 27.09 percent to close at $3.80. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
    Heidrick & Struggles International, Inc. (NASDAQ: HSII) surged 17.13 percent to close at $37.95 as the company posted upbeat results for its first quarter.
    Santander Consumer USA Holdings Inc. (NYSE: SC) shares gained 15.91 percent to close at $18.21 following upbeat quarterly earnings.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares jumped 15.73 percent to close at $7.58 on Tuesday after declining 1.50 percent on Monday.
    Sanmina Corp (NASDAQ: SANM) shares gained 14.62 percent to close at $31.75 as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Orchids Paper Products Company (NYSE: TIS) jumped 12.86 percent to close at $7.37. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
    Helix Energy Solutions Group, Inc. (NYSE: HLX) rose 12.8 percent to close at $7.05 following strong quarterly results.
    Avid Bioservices, Inc. (NASDAQ: CDMO) rose 12.72 percent to close at $3.81.
    Genprex, Inc. (NASDAQ: GNPX) gained 12.61 percent to close at $5.00.
    Obalon Therapeutics, Inc. (NASDAQ: OBLN) rose 12.39 percent to close at $3.72.
    NextDecade Corporation (NASDAQ: NEXT) shares climbed 11.88 percent to close at $7

Top 10 High Tech Stocks To Own For 2019: Sanofi(SNY)

Advisors’ Opinion:

  • [By Todd Campbell]

    When a brand new class of cholesterol-lowering drugs called PCSK9 inhibitors won Food and Drug Administration (FDA) approval in 2015, it was heralded as the biggest advance in battling heart disease since the invention of statins. The launch of PCSK9 inhibitors was accompanied by billion-dollar-plus predictions for sales. However, revenue has fallen far shy of blockbuster status, leaving drugmakers Amgen Inc. (NASDAQ:AMGN), Regeneron Pharmaceuticals (NASDAQ:REGN), and Sanofi SA (NYSE:SNY) in the lurch.

  • [By Cory Renauer]

    Amgen’s next-generation cholesterol drug, Repatha has finally started marching upwards in recent quarters, but it could stall out in the quarters ahead. One of America’s largest pharmacy benefits managers recently dropped Repathain favor of a rival therapy from Regeneron (NASDAQ:REGN) andSanofi (NYSE:SNY). That puts a lot of strain on the only other younger products generating significant sales growth right now.

  • [By Cory Renauer]

    Sanofi (NYSE:SNY) andRegeneron (NASDAQ:REGN) launched a cholesterol-lowering treatment in 2015 that could be a big problem for bempedoic acid, even if its safety profile remains intact. Praluent is a remarkable drug that can turn stubborn liver cells into cholesterol sponges, but at an initial list price of around $14,000 per year, its launch was a huge disappointment.

Top 10 High Tech Stocks To Own For 2019: Rigel Pharmaceuticals Inc.(RIGL)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Thursday ended in the red for most major benchmarks on Wall Street, with the Dow trading down by triple digits at times before climbing back toward the close. After having bounced back sharply in recent days, stocks seemed to lose upward momentum, and interest rate fears returned to the market. The yield on the 10-year Treasury bond once again moved above the 2.9% mark, and shorter-term Treasurys had yields reach levels they haven’t seen in years. Yet even though the overall market was ready to take a break, some companies still enjoyed good news that lifted their shares. Bank of New York Mellon (NYSE:BK), Snap-on (NYSE:SNA), and Rigel Pharmaceuticals (NASDAQ:RIGL) were among the best performers on the day. Here’s why they did so well.

Top 10 High Tech Stocks To Own For 2019: Industrial Select Sector SPDR ETF (XLI)

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    The broader industrial sector has faced challenges this year, but the recent performance of the Industrial Select Sector SPDR (NYSE: XLI) indicates some investors are turning positive on the group. XLI, the largest industrial exchange traded fund, is up 5 percent over the past week.

  • [By Steve Symington]

    Industrials stocks led the way lower today, with the Industrial Select Sector SPDR Fund (NYSEMKT:XLI) falling 1.1%. But tech stocks held up surprisingly well on the heels of yesterday’s losses, with the Technology Select Sector SPDR Fund (NYSEMKT:XLK) wavering between positive and negative territory before closing down just 0.1%.

  • [By ]

    Shares of the Industrials Select Sector SPDR (NYSE: XLI) returned 28% over the year to mid-February and the sector trades a premium of 22% on its long-term forward multiple.

A Peek Into The Markets: US Stock Futures Down Ahead Of JC Penney Earnings

Pre-open movers

U.S. stock futures traded lower in early pre-market trade, ahead of earnings from J. C. Penney Company, Inc. (NYSE: JCP). Data on initial jobless claims for the latest week and the Philly Fed general conditions index for May will be released at 8:30 a.m. ET. The index of leading economic indicators for April is schedule for release at 10:00 a.m. ET. Minneapolis Federal Reserve President Neel Kashkari is set to speak at 10:45 a.m. ET, while Federal Reserve Bank of Dallas President Robert Kaplan will speak at 1:30 p.m. ET.

Futures for the Dow Jones Industrial Average fell 24 points to 24,716.00, while the Standard & Poor’s 500 index futures declined 4.75 points to 2,718.25. Futures for the Nasdaq 100 index declined 28.50 points to 6,910.25.

Oil prices traded higher as Brent crude futures rose 0.74 percent to trade at $79.87 per barrel, while US WTI crude futures gained 0.88 percent to trade at $72.12 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m. ET.

 

A Peek Into Global Markets

European markets were higher today, with the Spanish Ibex Index rising 0.30 percent, STOXX Europe 600 Index gaining 0.13 percent and German DAX 30 index gaining 0.26 percent. The UK's FTSE index was trading higher by 0.18 percent, while French CAC 40 Index rose 0.37 percent.

In Asian markets, Japan’s Nikkei Stock Average rose 0.53 percent, Hong Kong’s Hang Seng Index slipped 0.54 percent, China’s Shanghai Composite Index dropped 0.48 percent and India’s BSE Sensex slipped 0.67 percent.

Broker Recommendation

Analysts at Barclays upgraded The Coca-Cola Company (NYSE: KO) from Equal-Weight to Overweight.

Coca-Cola shares rose 0.91 percent to $41.93 in pre-market trading.

Breaking news

Walmart Inc (NYSE: WMT) reported better-than-expected results for its first quarter.
Childrens Place Inc (NASDAQ: PLCE) reported downbeat results for its first quarter.
Jack in the Box Inc. (NASDAQ: JACK) reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent.
Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent.