It has been no secret that Advanced Micro Devices, Inc. (NASDAQ: AMD) came back with a vengeance in 2016. Even after an exponential rise last year, the stock had risen from the $11.34 year-end closing price to north of $14.00 and even $15.00 before a large share sale by Mubadala and perhaps a ‘sell the news’ on the Ryzen 7 brought some more recent selling. The hope for the new Ryzen 7 processors and upcoming developments arekeeping mostanalystsfrom throwing in the towel. In fact, most analysts still seem to be raising AMD’s price targets ahead.
After a bullish analyst call had a street-high target of $16.50 last week, now a new street-high analyst price target of $17.00 has been issued by Canaccord Genuity. The firm has had a Buy rating andits prior price target was $14.00. Whatdrove the upgraded price target is that Canaccord Genuity has hosted a series of focused investor meetings with AMD CEO Dr. Lisa Su over the last three weeks. Ten key takeaways were given in the report.
Top Stocks To Own Right Now: Layne Christensen Company(LAYN)
- [By Logan Wallace]
Headlines about Layne Christensen (NASDAQ:LAYN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Layne Christensen earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 45.8722865003839 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Top Stocks To Own Right Now: Express Scripts Holding Company(ESRX)
- [By Cory Renauer]
Sanofi took the assessment and started engaging end payers to see if any would offer easy reimbursement for a lower net price that reflects ICER’s assessment, and the industry listened. As of July 1, the partners will cut the net price of Praluent in return for straightforward access for around 25 million Americans covered by theExpress Scripts (NASDAQ:ESRX) national formulary. Thepharmacy benefits manager, and will also remove formulary access for its main competitor, Amgen’s (NASDAQ:AMGN) Repatha.
- [By Joseph Griffin]
State of Wisconsin Investment Board boosted its stake in Express Scripts (NASDAQ:ESRX) by 25.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,092,444 shares of the company’s stock after acquiring an additional 218,855 shares during the quarter. State of Wisconsin Investment Board owned 0.19% of Express Scripts worth $75,466,000 as of its most recent filing with the SEC.
- [By Logan Wallace]
Schaper Benz & Wise Investment Counsel Inc. WI cut its holdings in shares of Express Scripts (NASDAQ:ESRX) by 2.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 85,515 shares of the company’s stock after selling 1,770 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Express Scripts were worth $5,907,000 at the end of the most recent quarter.
Top Stocks To Own Right Now: Tata Motors Ltd(TTM)
- [By Lisa Levin]
Check out these big penny stock gainers and 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
- [By Nicholas Rossolillo]
Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous car division, Waymo, recently signed a contract to add Jaguar’s first all-electric car to its fleet of self-driving vehicles. For the Google parent company, the deal will be a blip on its pathto driving automation, albeit an exciting one. For shareholders of Jaguar parent Tata Motors (NYSE:TTM), it’s an early sign the new vehicle will be a winner for the automaker.
- [By Joseph Griffin]
Tata Motors (NYSE:TTM) shares reached a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $22.73 and last traded at $22.79, with a volume of 102407 shares trading hands. The stock had previously closed at $22.92.
- [By Paul Ausick]
Tata Motors Ltd. (NYSE: TTM) fell by about 2% Monday to post a new 52-week low of $23.82 after closing at $24.30 on Friday. The 52-week high is $37.62. Volume of about 3.6 million was more more than double the daily average of about 1.5 million. The company had no specific news.