Top 10 Performing Stocks For 2018

After Budget 2018, buying and selling of shares and equity-oriented funds will no longer be tax-free even if held for over a year if you realize a gain of Rs 1 lakh during a fiscal year on selling.

Finance Minister, Arun Jaitley has imposed a 10% tax on Long-Term Capital Gains (LTCG) arising out of equity shares and equity-oriented mutual funds (subject to an annual exemption of Rs 1 lakh). Further, any dividend paid out by equity mutual fund has also been subjected to 10% dividend distribution tax. Broadly speaking, returns from equity investments (LTCG or dividend) will now be taxed at 10%. This cost will have to be factored in by the investors, S Vasudevan, Partner, Lakshmikumaran & Sridharan told Moneycontrol.

STCG (Short Term Capital Gain) arising from selling a stock or equity fund before one year will continue to be taxed at 15%.

The stock market reacted to the new tax regime with a sharp fall post budget. The market plunged by almost 1% soon after the announcement of the LTCG on equity investments and 10% DDT. However, equity investorsincluding mutual fund investorsmight absorb the blow and keep investing as per their financial objectives since equity remains one of the best-performing asset classes, Adhil Shetty, CEO BankBazaar.com said.

Top 10 Performing Stocks For 2018: Suncor Energy Inc.(SU)

Advisors’ Opinion:

  • [By Tyler Crowe]

    I don’t know if you have noticed, but oil prices have been on the rise lately, which has done miraculous things for the bottom lines at oil and gas companies. The same can be said for Suncor Energy (NYSE:SU), which was able to post a rather healthy earnings per share number considering one of its major oil sands facilities was shut down in the most recent quarter.

  • [By ]

    Suncor Energy Inc. (SU) – “We expect modestly below-consensus results driven by
    downtime and the ramp costs at Fort Hills. We still see a robust second-half 2018 and 2019 free cash flow story and would recommend investors look through any near-term
    noise.”

  • [By Tyler Crowe, Reuben Gregg Brewer, and Travis Hoium]

    Clearly, investors should be at least looking at stocks in this industry, so we asked three of our investing contributors to each highlight a great company in the industry to help you get started. Here’s why they picked Baker Hughes, a GE Company (NYSE:BHGE), Suncor Energy (NYSE:SU), and Total (NYSE:TOT).

  • [By Logan Wallace]

    Virginia Retirement Systems ET AL lifted its holdings in Suncor Energy (NYSE:SU) (TSE:SU) by 24.5% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 336,200 shares of the oil and gas producer’s stock after buying an additional 66,088 shares during the period. Virginia Retirement Systems ET AL’s holdings in Suncor Energy were worth $11,602,000 at the end of the most recent reporting period.

Top 10 Performing Stocks For 2018: Signet Jewelers Limited(SIG)

Advisors’ Opinion:

  • [By Steve Symington]

    As for individual stocks, earnings news left shares of Signet Jewelers (NYSE:SIG) tumbling, while an announcement from Google parent Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) sent shockwaves through cryptocurrency markets.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Signet Jewelers Limited (NYSE: SIG) which rose about 2% to $39.48. The stocks 52-week range is $187.96 to $314.86. Volume was 3.8 million compared to the daily average volume of 2.8 million.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Signet Jewelers Limited (NYSE: SIG) which traded down about 20% at $38.14. The stocks 52-week range is $38.11 to $77.94. Volume was 25.5 million compared to the daily average volume of 2.1 million.

Top 10 Performing Stocks For 2018: Fortive Corporation (FTV)

Advisors’ Opinion:

  • [By Lee Samaha]

    You don’t have to take my word for it — let’s look at the trading history of the company. Or rather, at the parts of Danaher that existed before the spinoff of Fortive Corporation (NYSE:FTV). In a nutshell, the Fortive separation took out most of the cyclical parts of Danaher and left the remaining company with four segments, namely life sciences, diagnostics, dental, and environmental & applied solutions.

Top 10 Performing Stocks For 2018: Gol Linhas Aereas Inteligentes S.A.(GOL)

Advisors’ Opinion:

  • [By Max Byerly]

    Gol Transportes A茅reos (NYSE:GOL) shares traded down 5.4% on Monday . The company traded as low as $9.72 and last traded at $9.75. 524,965 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 374,811 shares. The stock had previously closed at $10.31.

Top 10 Performing Stocks For 2018: Transportadora De Gas Sa Ord B(TGS)

Advisors’ Opinion:

  • [By Max Byerly]

    News stories about Transportadora de Gas del Sur (NYSE:TGS) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Transportadora de Gas del Sur earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 46.2643511773395 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Stephan Byrd]

    TransCanada (NYSE: TRP) and Transportadora de Gas del Sur (NYSE:TGS) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.

Top 10 Performing Stocks For 2018: Nemaska Lithium Inc. (NMKEF)

Advisors’ Opinion:

  • [By ]

    Over the past two months, Nemaska Lithium (OTCQX:NMKEF) has steadily been updating the market on its half-billion-dollar-plus financial raise. The company has aggressively set targets to build out a vertically integrated lithium mining and processing operation ideally positioned to meet growing demand in North America and Europe.

  • [By ]

    Canadian hard-rock lithium chemicals company Nemaska Lithium (OTCQX:NMKEF) is presently at the end of completing a $500 million capital raise which will allow the company to expand into Phase 2 production of the its facility in Quebec. The company has closed an equity deal valued at nearly $100 million from Japans SoftBank (OTCPK:SFTBY), executed a streaming agreement with Orion Mine Finance LF valued at over $150 million, and engaged with such high-quality financial groups including Clarkson Platou Securities and Pareto Securities as managers of the bond issuance. Further, Nemaska has signed multiple offtake agreements, including NorthVolt, FMC, Softbank and Johnson Matthey Battery Materials, for the purchase of its lithium chemicals once production begins.

Top 10 Performing Stocks For 2018: EnSync, Inc.(ESNC)

Advisors’ Opinion:

  • [By Joseph Griffin]

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

Top 10 Performing Stocks For 2018: ImmuCell Corporation(ICCC)

Advisors’ Opinion:

  • [By Stephan Byrd]

    ImmuCell (NASDAQ:ICCC) released its quarterly earnings results on Monday. The biotechnology company reported ($0.04) earnings per share for the quarter, Bloomberg Earnings reports. ImmuCell had a negative net margin of 1.61% and a negative return on equity of 0.79%.

Top 10 Performing Stocks For 2018: Manitowoc Company, Inc. (MTW)

Advisors’ Opinion:

  • [By Lisa Levin]

     

    Companies Reporting After The Bell
    Hertz Global Holdings, Inc. (NYSE: HTZ) is projected to post quarterly loss at $1.31 per share on revenue of $1.97 billion.
    International Flavors & Fragrances Inc. (NYSE: IFF) is estimated to post quarterly earnings at $1.59 per share on revenue of $909.36 million.
    Zillow Group, Inc. (NASDAQ: ZG) is expected to post quarterly earnings at $0.06 per share on revenue of $294.79 million.
    General Cable Corporation (NYSE: BGC) is estimated to post quarterly earnings at $0.15 per share on revenue of $980.61 million.
    Central Garden & Pet Company (NASDAQ: CENT) is expected to post quarterly earnings at $0.84 per share on revenue of $598.45 million.
    Cabot Corporation (NYSE: CBT) is estimated to post quarterly earnings at $1 per share on revenue of $746.42 million.
    Fabrinet (NYSE: FN) is expected to post quarterly earnings at $0.71 per share on revenue of $319.71 million.
    National General Holdings Corp. (NASDAQ: NGHC) is projected to post quarterly earnings at $0.55 per share on revenue of $1.08 billion.
    The Navigators Group, Inc. (NASDAQ: NAVG) is estimated to post quarterly earnings at $0.75 per share on revenue of $320.92 million.
    Diplomat Pharmacy, Inc. (NYSE: DPLO) is expected to post quarterly earnings at $0.22 per share on revenue of $1.29 billion.
    Trex Company, Inc. (NYSE: TREX) is projected to post quarterly earnings at $1.19 per share on revenue of $172.22 million.
    AMC Entertainment Holdings, Inc. (NYSE: AMC) is expected to post quarterly earnings at $0.09 per share on revenue of $1.35 billion.
    Envision Healthcare Corporation (NYSE: EVHC) is projected to post quarterly earnings at $0.64 per share on revenue of $2.02 billion.
    Regal Beloit Corporation (NYSE: RBC) is estimated to post quarterly earnings at $1.23 per share on revenue of $869.64 million.
    Amedisys, Inc. (NASDAQ: AMED) is projected to post quarterly earnings at $0.67 per share on revenue of $39

  • [By Joseph Griffin]

    The Manitowoc Company (NYSE:MTW) – Stock analysts at William Blair upped their Q2 2018 earnings per share estimates for The Manitowoc in a report released on Tuesday, May 8th. William Blair analyst L. De. Maria now forecasts that the industrial products company will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.18.

  • [By Logan Wallace]

    Global X Management Co. LLC purchased a new stake in The Manitowoc Company (NYSE:MTW) in the 1st quarter, HoldingsChannel reports. The fund purchased 7,209 shares of the industrial products company’s stock, valued at approximately $205,000.

  • [By Max Byerly]

    The Manitowoc Company (NYSE:MTW) – Equities researchers at SunTrust Banks cut their Q3 2018 earnings per share estimates for shares of The Manitowoc in a report issued on Wednesday, May 9th. SunTrust Banks analyst C. Brady now expects that the industrial products company will earn $0.08 per share for the quarter, down from their prior estimate of $0.18. SunTrust Banks has a “Hold” rating and a $26.00 price target on the stock. SunTrust Banks also issued estimates for The Manitowoc’s Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.32 EPS and Q1 2019 earnings at ($0.09) EPS.

Top 10 Performing Stocks For 2018: Liquor Stores N.A. Ltd. (LQSIF)

Advisors’ Opinion:

  • [By ]

    It also holds just under 20 percent share of Liquor Stores N.A. (OTCPK:LQSIF) and over 17 percent of Radient Technologies Inc. (OTC:RDDTF). Aurora has other holdings as well.