OMCs rally 19-30% in 1 month; CLSA turns cautious on IOC, BPCL & HPCL

CLSA turned cautious on oil marketing companies (OMCs) such as Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation that rallied 19-30 percent in the last one month and 12-18 percent so far in 2019.

The global investment bank reiterates its sell call on IOC, BPCL, as well as HPCL as India OMCs are among the world's most expensive refiners, and a steady rise in crude oil prices will not augur well for these firms.

BPCL rose 19 percent while IOC and HPCL rallied about 31 percent each from February 20 closing, data showed. On a year-to-date (YTD) basis, IOC rose 18.2 percent, HPCL gained 14.7 percent, and BPCL was up by 12 percent.

"Hopes of a stable government after the May 2019 elections and the potential of a strong 4Q helped by record marketing margins have driven a 22-35 percent rally in IOC, BPCL, and HPCL the last month," CLSA said in a report.

related news BSE, NSE shut on March 21 on account of Holi Technical View: Nifty forms bearish candle; next target seen at 30,000 for Bank Nifty

The rally has made BPCL the most expensive refiner in the world on EV/EBITDA with IOC & HPCL also ranking high on that list. At 1-std. above average, they are building margin surprise hopes, which may not play out, cautioned the global investment bank.

The report further added that expensive valuations, normalisation of marketing margins and refining capacity surge limit any material upside on OMCs, and 2014 election period like returns will not repeat, it said.

2014 election template will not work in 2019:

IOC, BPCL, and HPCL rose 60-90 percent in the six-month run-up to the 2014 national elections and then an additional 5-50 percent in the 12 months after the new government was formed.

Can we say a repeat could happen in 2019? Well, CLSA is not very confident that a similar scenario could pan out in 2019 as well.

"Some investors expect similar this time as well as a stable government after May 2019. However, we disagree. The 2014 rally started from depressed valuations, fuelled by big reforms in diesel and LPG subsidies as well as a very strong refining environment," explains the global investment bank.

"With valuations at a premium to the global peer average as well as history, the refining environment is expected to stay weak, and limited room for incremental reform, we do not expect the 2014 template to play out and retain SELL ratings on IOC, BPCL & HPCL," it said.

Macro may worsen from 1QFY20:

Current record marketing margins for petrol and diesel should be seen as compensation for depressed margins in 3Q and also as the pre-emptive buffer to eliminate the need for price hikes in the run-up to national elections.

The rise in the Brent crude price to $68 to 70/bbl should normalise marketing margins on diesel and petrol to the long-term averages even if depressed product spreads continue and no retail price cuts are made.

Continued production cuts by OPEC+ led by Saudi Arabia & declines in Venezuela should pull down inventory to near the 5-year average and possibly push up Brent crude to over $70/bbl in the coming weeks.

Asian GRMs are near 10-year lows and we see chances of the current depressed GRM environment continuing as the 18-month period of Sep 2018-Mar 2020 may see a massive c.3.5mbpd of new capacity come online.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Mar 21, 2019 08:00 am

Top 10 Dividend Stocks To Watch Right Now

tags:NYMT,CNK,COP,MCHP,LFUS,UPS,RL,RTN,PNW,PAYX,

Ubiquiti Networks (NASDAQ: UBNT) and Superconductor Technologies (NASDAQ:SCON) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, valuation, risk and analyst recommendations.

Profitability

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This table compares Ubiquiti Networks and Superconductor Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Ubiquiti Networks 19.15% 56.13% 25.94% Superconductor Technologies -1,317.27% -139.63% -121.99%

Analyst Ratings

This is a summary of recent ratings and price targets for Ubiquiti Networks and Superconductor Technologies, as reported by MarketBeat.

Top 10 Dividend Stocks To Watch Right Now: New York Mortgage Trust Inc.(NYMT)

Advisors' Opinion:

• [By Ethan Ryder]

  Bank of New York Mellon Corp cut its position in shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,265,207 shares of the real estate investment trust’s stock after selling 27,565 shares during the quarter. Bank of New York Mellon Corp owned 1.13% of NY Mtg Tr Inc/SH worth $7,604,000 as of its most recent filing with the SEC.

• [By Max Byerly]

  ValuEngine cut shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) from a hold rating to a sell rating in a report issued on Thursday morning.

  Several other research firms also recently commented on NYMT. LADENBURG THALM/SH SH downgraded shares of NY Mtg Tr Inc/SH from a buy rating to a neutral rating in a research note on Monday, August 6th. BidaskClub downgraded shares of NY Mtg Tr Inc/SH from a hold rating to a sell rating in a research note on Saturday, September 15th. Zacks Investment Research upgraded shares of NY Mtg Tr Inc/SH from a sell rating to a hold rating in a research note on Wednesday, July 25th. Finally, Maxim Group restated a buy rating and issued a $6.75 price target (up previously from $6.25) on shares of NY Mtg Tr Inc/SH in a research note on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $6.35.

• [By Motley Fool Transcribers]

  New York Mortgage Trust Inc  (NASDAQ:NYMT)Q4 2018 Earnings Conference CallFeb. 22, 2019, 9:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Shane Hupp]

  NY MTG TR INC/SH (NASDAQ:NYMT) has been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $6.38.

• [By Max Byerly]

  NY Mtg Tr Inc/SH (NASDAQ:NYMT) last released its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.05. NY Mtg Tr Inc/SH had a net margin of 24.78% and a return on equity of 17.07%. The business had revenue of $17.50 million during the quarter. analysts anticipate that NY Mtg Tr Inc/SH will post 0.24 EPS for the current year.

• [By Joseph Griffin]

  Shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $6.06.

Top 10 Dividend Stocks To Watch Right Now: Cinemark Holdings Inc(CNK)

Advisors' Opinion:

• [By Shane Hupp]

  Royal Bank of Canada raised its holdings in Cinemark Holdings, Inc. (NYSE:CNK) by 10.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 110,946 shares of the company’s stock after purchasing an additional 10,434 shares during the quarter. Royal Bank of Canada’s holdings in Cinemark were worth $4,179,000 as of its most recent SEC filing.

• [By Asit Sharma]

  Shen: Exactly. So, we looked at the theater operators and what they're offering. There's been some consolidation. One of the theater chains that we talked about on this similar show last year is no longer in the running as a public company in terms of the stocks. First, with Cinemark (NYSE:CNK), one of the two large remaining chains, it has an offering called Movie Club. This launched last year. $8.99 per month. What you get is one 2D ticket that rolls over if it's unused. You can build those rollover tickets if you don't go that often. Plus, 20% off concessions, and there's no online fees for when you buy those tickets. Then, you can get up to two additional add-on tickets for $8.99 each.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Cinemark (CNK)

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

Top 10 Dividend Stocks To Watch Right Now: ConocoPhillips(COP)

Advisors' Opinion:

• [By Reuben Gregg Brewer]

  In 2012, ConocoPhillips (NYSE:COP) enacted a major corporate overhaul. It spun off its downstream assets (which is what refining and chemicals businesses are called in industry lingo) so it could focus on its upstream (or drilling) business. This shift meant oil and natural gas prices were the main factor driving the company's top and bottom lines. When oil prices plummeted in mid-2014, going from over $100 a barrel to the $30 range, it wasn't long before ConocoPhillips was forced to cut its dividend.

• [By Chris Lange]

  The number of ConocoPhillips (NYSE: COP) shares short rose to 12.74 million from the previous 11.23 million. Shares were trading at $78.10, within a 52-week range of $48.89 to $80.24.

• [By Matthew DiLallo]

  Oscar Wilde famously quipped that "imitation is the sincerest form of flattery that mediocrity can pay to greatness." That sums up what we've witnessed in the oil patch over the past year as a growing number of exploration and production companies (E&Ps) have copied the playbook developed by leading U.S. E&P ConocoPhillips (NYSE:COP) in the fall of 2016. That strategy, which included increasing its dividend and buying back stock, has been instrumental in creating value for its shareholders, evidenced by the fact its stock is up nearly 70% since that time.

• [By Matthew DiLallo]

  One oil stock, however, managed to go against that tide and deliver superior performance. That standout was ConocoPhillips (NYSE:COP), which generated a market-smashing total return of 15.6% last year. It was the second straight year that ConocoPhillips vastly outperformed peers, which the company attributes to a strategy shift it set in motion in late 2016. The oil giant firmly believes its plan will continue to pay dividends for investors, which was evident by the comments of CEO Ryan Lance on the fourth-quarter conference call, where he laid out why he expects the company to continue prospering.

Top 10 Dividend Stocks To Watch Right Now: Microchip Technology Incorporated(MCHP)

Advisors' Opinion:

• [By Stephan Byrd]

  Microchip Technology (NASDAQ:MCHP) had its price objective increased by Morgan Stanley from $96.00 to $97.00 in a research report report published on Wednesday morning. The brokerage currently has an equal weight rating on the semiconductor company’s stock.

• [By ]

  Though concerns have been raised that the analog and MCU markets are at risk of seeing an inventory correction (they haven't had a major one in a while), given signs of excessive ordering and stretched lead times, TI and STMicro's numbers suggest conditions remain good for now. That's particularly true in industrial and auto markets where trends such as factory automation, ADAS adoption and electric/hybrid car sales are boosting chip demand. Several other analog/MCU firms, including Microchip (MCHP) , ON Semiconductor (ON) , Maxim Integrated (MXIM) and NXP Semiconductors (NXPI) , will be reporting soon.

• [By VantagePoint]

  Microchip Technology Incorporated (NASDAQ: MCHP) had a clear crossover to the upside on May 3, when the blue predicted moving average crossed above the black simple 10-day moving average. Since then the stock is up 17 percent, while the gray candle predicting Thursday's range shows continued upside. As long as the two lines don't crossover, look for this uptrend to continue. 

• [By Shane Hupp]

  Mar Vista Investment Partners LLC bought a new stake in Microchip Technology (NASDAQ:MCHP) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 888,437 shares of the semiconductor company’s stock, valued at approximately $81,168,000. Microchip Technology comprises 3.2% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 12th largest position.

• [By Evan Niu, CFA]

  Shares of Microchip Technology (NASDAQ:MCHP) have plunged today, down by 10% as of 1:15 p.m. EDT, after the company reported fiscal first-quarter earnings results. Management warned that tariffs associated with the escalating trade war between the U.S. and China could adversely impact its business.

Top 10 Dividend Stocks To Watch Right Now: Littelfuse Inc.(LFUS)

Advisors' Opinion:

• [By Ethan Ryder]

  BidaskClub upgraded shares of Littelfuse (NASDAQ:LFUS) from a sell rating to a hold rating in a research note published on Friday morning.

  Several other equities analysts have also commented on LFUS. ValuEngine raised Littelfuse from a hold rating to a buy rating in a report on Thursday, May 3rd. Barrington Research reissued a hold rating on shares of Littelfuse in a report on Tuesday, May 1st. Finally, Zacks Investment Research lowered Littelfuse from a buy rating to a hold rating in a report on Wednesday, April 4th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Littelfuse has a consensus rating of Hold and a consensus price target of $212.75.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Littelfuse (LFUS)

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

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Littelfuse (LFUS)

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

• [By Stephan Byrd]

  Littelfuse (NASDAQ: LFUS) and ABB Group (NYSE:ABB) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.

• [By Ethan Ryder]

  Littelfuse (NASDAQ:LFUS) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Thursday.

Top 10 Dividend Stocks To Watch Right Now: United Parcel Service Inc.(UPS)

Advisors' Opinion:

• [By Paul Ausick]

  Not included in the count are 100,000 jobs that United Parcel Service Inc. (NYSE: UPS), Chief Strategy and Transformation Officer Scott Price told The Street his company plans to add this year. Neither UPS nor Amazon has officially announced 2018 holiday hiring plans, but assuming that Amazon plans to hire at least as many as it hired last year, the total could quickly rise to 560,000.

• [By ]

  United Parcel Service Inc. (UPS)  rose Thursday, April 26, after posting better-than-expected first-quarter revenue even as winter weather costs weighed on the U.S. segment's operating results.

• [By David Zeiler]

  In practice, this means a lot of very familiar names and a few surprises. The roster includes names from Visa and Microsoft to United Parcel Service Inc. (NYSE: UPS) and Sprint Corp. (NYSE: S).

• [By Adam Levy]

  For the last few years, Amazon (NASDAQ:AMZN) has experimented with various solutions to deliver packages the "last mile" from its fulfillment centers to customers' homes. It's long relied on partners like UPS (NYSE:UPS), FedEx (NYSE:FDX), and the United States Postal Service to help in the ever-increasing number of packages it's tasked with fulfilling.

• [By Stephan Byrd]

  Personal Capital Advisors Corp lessened its holdings in United Parcel Service (NYSE:UPS) by 3.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 279,188 shares of the transportation company’s stock after selling 8,732 shares during the quarter. Personal Capital Advisors Corp’s holdings in United Parcel Service were worth $29,220,000 at the end of the most recent reporting period.

• [By Lisa Levin] Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion. Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion. ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion. PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion. American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion. Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion. Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion. D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion. The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion. Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion. Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion. Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion. Oshkosh Corporation (NYSE: OSK) is projected to report quarter

Top 10 Dividend Stocks To Watch Right Now: Polo Ralph Lauren Corporation(RL)

Advisors' Opinion:

• [By Daniel Miller]

  Shares of Ralph Lauren Corporation (NYSE:RL) were up 7% as of 12:18 p.m. EST after the company released strong results for the third quarter of fiscal 2019. The company is a global designer, marketer, and distributor of premium products in apparel, home, accessories, and fragrances.

• [By Ethan Ryder]

  Tredje AP fonden lowered its stake in Ralph Lauren Co. (NYSE:RL) by 6.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 16,720 shares of the textile maker’s stock after selling 1,110 shares during the period. Tredje AP fonden’s holdings in Ralph Lauren were worth $1,878,000 as of its most recent SEC filing.

• [By Dan Caplinger]

  The stock market had a tumultuous session on Wednesday, as major benchmarks started the day weak but bounced back in the afternoon. Investors weren't happy with the current state of geopolitical uncertainty, with trade disputes threatening to become larger problems than ever. But the release of the minutes of the latest meeting of the Federal Reserve's monetary policy committee convinced many that the central bank will be slow to do lasting damage to the economic expansion, remaining measured in the pace of its interest rate increases. Moreover, some companies had good news that sent their shares higher. Tiffany (NYSE:TIF), BP Prudhoe Bay Royalty Trust (NYSE:BPT), and Ralph Lauren (NYSE:RL) were among the best performers on the day. Here's why they did so well.

• [By Ethan Ryder]

  State of Tennessee Treasury Department raised its holdings in shares of Ralph Lauren Corp (NYSE:RL) by 75.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 105,127 shares of the textile maker’s stock after acquiring an additional 45,048 shares during the quarter. State of Tennessee Treasury Department owned approximately 0.13% of Ralph Lauren worth $11,753,000 as of its most recent filing with the SEC.

• [By Joseph Griffin]

  Nomura Asset Management Co. Ltd. increased its stake in shares of Ralph Lauren Corp (NYSE:RL) by 11.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,151 shares of the textile maker’s stock after buying an additional 909 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Ralph Lauren were worth $1,023,000 at the end of the most recent reporting period.

Top 10 Dividend Stocks To Watch Right Now: Raytheon Company(RTN)

Advisors' Opinion:

• [By Reuben Gregg Brewer]

  Shares of Raytheon (NYSE:RTN) rose 13% in February according to data provided by S&P Global Market Intelligence. It was a continuation of a trend for the military industrial company, which gained roughly 21% in the first two months of the year. That February gain, meanwhile, easily outpaced the performances of some of its largest peers. But the news driving it really started in January.

• [By Lou Whiteman]

  A version of Lockheed Martin's (NYSE:LMT) high-tech Aegis weapon system upgraded for ballistic missile defense (BMD) provided the computing power and radars used in the test, while a Raytheon-built (NYSE:RTN) SM-3 interceptor was fired at the target.

• [By Jon C. Ogg]

  Raytheon Company (NYSE: RTN) was trading down 2.9% at $199.20 late on Thursday. Raytheon has a market cap of $57 billion, with a 52-week range of $179.29 to $229.75 and a consensus analyst price target of $237.17.

• [By Lou Whiteman]

  If you do look at some well-known defense stocks -- Boeing, Raytheon (NYSE:RTN), Northrop Grumman, Lockheed (NYSE:LMT) -- they're all up over the past year, albeit to varying degrees. In the last five years, they've all doubled in value. It's worth considering the industry, definitely, for some investors. 

• [By Ethan Ryder]

  Macquarie Group Ltd. lifted its stake in Raytheon (NYSE:RTN) by 2.8% during the second quarter, Holdings Channel reports. The institutional investor owned 3,459,211 shares of the aerospace company’s stock after acquiring an additional 94,161 shares during the period. Raytheon accounts for approximately 1.2% of Macquarie Group Ltd.’s portfolio, making the stock its 28th biggest position. Macquarie Group Ltd.’s holdings in Raytheon were worth $668,250,000 at the end of the most recent quarter.

Top 10 Dividend Stocks To Watch Right Now: Pinnacle West Capital Corporation(PNW)

Advisors' Opinion:

• [By Shane Hupp]

  Profund Advisors LLC lowered its stake in Pinnacle West Capital Co. (NYSE:PNW) by 26.6% during the first quarter, Holdings Channel reports. The fund owned 7,249 shares of the utilities provider’s stock after selling 2,622 shares during the period. Profund Advisors LLC’s holdings in Pinnacle West Capital were worth $578,000 as of its most recent SEC filing.

• [By Joseph Griffin]

  M&T Bank Corp raised its position in Pinnacle West Capital Co. (NYSE:PNW) by 15.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,775 shares of the utilities provider’s stock after purchasing an additional 1,196 shares during the period. M&T Bank Corp’s holdings in Pinnacle West Capital were worth $700,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Atria Investments LLC cut its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 49.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,651 shares of the utilities provider’s stock after selling 4,560 shares during the period. Atria Investments LLC’s holdings in Pinnacle West Capital were worth $371,000 as of its most recent filing with the SEC.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Pinnacle West Capital (PNW)

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

Top 10 Dividend Stocks To Watch Right Now: Paychex Inc.(PAYX)

Advisors' Opinion:

• [By Max Byerly]

  CIBC World Markets Inc. boosted its holdings in shares of Paychex, Inc. (NASDAQ:PAYX) by 393.9% during the first quarter, Holdings Channel reports. The fund owned 27,825 shares of the business services provider’s stock after purchasing an additional 22,191 shares during the quarter. CIBC World Markets Inc.’s holdings in Paychex were worth $1,714,000 at the end of the most recent quarter.

• [By Garrett Baldwin]

  By submitting your email address you will receive a free subscription to Profit Alerts and occasional special offers from Money Map Press and our affiliates. You can unsubscribe at anytime and we encourage you to read more about our privacy policy.

  The Top Stock Market Stories for Tuesday The price of Brent crude oil pushed above $85 per barrel yesterday, its highest level in four years. Analysts are projecting that oil could easily hit $100 per barrel in the next few weeks, as OPEC and Russia continue to focus on pushing prices higher. The recent price rally has been driven by the Trump administration's Nov. 4 deadline for nations to stop purchasing crude from Iran. Gold prices are sitting under $1,200, one week after the U.S. Federal Reserve raised interest rates for the third time this year. However, Money Morning Resource Specialist Peter Krauth has predicted a big bounce for gold prices in the coming months. Just how high will gold bounce thanks to the ongoing geopolitical problems around the globe? Find out right here. Stocks to Watch Today: AMZN, PEP, TSLA Shares of Amazon.com Inc. (NASDAQ: AMZN) are in focus after the company announced it will raise its minimum wage to $15 per hour. The change will take place on Nov. 1. The wage change will affect 250,000 employees. Pepsico Inc. (NYSE: PEP) leads a busy day of earnings reports. The beverage company topped Wall Street expectations with an EPS of $1.59 on top of $16.49 billion in revenue. Those numbers beat consensus forecasts of $1.56 on $16.38 billion in revenue. CEO Indra Nooyi is stepping down this week, but she will remain the chair of the board. Tesla Inc. (NASDAQ: TSLA) announced it produced 83,500 vehicles in the third quarter. The stock has been on a whirlwind in recent days. On Monday, the U.S. Securities and Exchange Commission announced it had settled a case with CEO Elon Musk over his misleading tweets about taking the company private. Musk and Tesla will pay $20 million each, and M
• [By Stephan Byrd]

  BidaskClub upgraded shares of Paychex (NASDAQ:PAYX) from a buy rating to a strong-buy rating in a report published on Friday morning.

  Other research analysts have also recently issued research reports about the company. Barclays decreased their target price on Paychex from $75.00 to $70.00 and set an equal weight rating for the company in a research note on Tuesday, March 27th. Morgan Stanley decreased their target price on Paychex from $68.00 to $66.00 and set an equal weight rating for the company in a research note on Tuesday, March 27th. Stifel Nicolaus reaffirmed a hold rating and set a $66.00 target price (down previously from $68.00) on shares of Paychex in a research note on Tuesday, March 27th. JPMorgan Chase & Co. decreased their target price on Paychex from $69.00 to $65.00 and set a neutral rating for the company in a research note on Tuesday, March 27th. Finally, Citigroup decreased their target price on Paychex from $67.00 to $64.00 and set a neutral rating for the company in a research note on Wednesday, March 28th. One analyst has rated the stock with a sell rating, ten have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Hold and an average target price of $65.27.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Paychex (PAYX)

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

• [By Logan Wallace]

  Paychex, Inc. (NASDAQ:PAYX) insider Stephanie L. Schaeffer sold 34,251 shares of the company’s stock in a transaction on Monday, July 9th. The stock was sold at an average price of $69.98, for a total value of $2,396,884.98. Following the sale, the insider now owns 43,552 shares of the company’s stock, valued at approximately $3,047,768.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

• [By Logan Wallace]

  Paychex (NASDAQ:PAYX) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Monday.

Heard of fintech? What are its rewards, risks?

Few industries have been more innovative than the financial business.

Many companies routinely allow you to shop for investments, apply for loans, check credit reports and much more through electronic means. In recent years, the term "fintech" has been used to describe some of these innovations, especially those geared around smartphones.

But some fintech companies are seeking to offer services that could skirt important consumer protections, warns a new report from the National Consumer Law Center. The study sees fintech developments as part of a trend to weaken key safeguards, with the potential for more fraud, deception or other costs.

Innovation in the financial field is of prime importance to Arizona, which in 2018 became the first state to allow fintech companies to offer trial runs of their services, with less regulatory oversight, through its new "sandbox" program.

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What is fintech and who is pursuing it?

Fintech stocks are still up nicely year-to-date, even with recent market volatility. (Photo: Getty Images)

There isn't a hard definition but the term, which is short for "financial technology," refers to a range of innovative ways for consumers to shop for loans, make payments, check credit scores and bank balances, improve investing success and so on.

While innovation long has been integral to the financial industry, the term increasingly refers to services that can be conducted on computers, smart phones and tablets, usually with no human intermediaries.

Financial companies up and down the food chain are heavily engaged in innovation and finding new ways to serve customers better and increase profits. But the fintech label mostly is applied to young, technology-driven startups rather than banking, investment and insurance giants pursuing many of the same goals.

What are some new fintech services?

The National Consumer Law Center report cited a number of fintech products and services such as new ways for lenders to evaluate credit applications and possibly enhance consumer credit scores. Others offer faster and more convenient loan applications. Some lenders enable workers to access earned wages before they have been paid, while others offer student loan refinancing.

Also, new subscription arrangements allow drivers to access vehicles without actually owning them or making long-term commitments. In the investment realm, robo-advisers offer customized recommendations with no human interaction, and there are fintech tools for budgeting, saving and bill paying.

Other services offer access to virtual currencies, allow customers to facilitate payments across international borders or share in the appreciation potential of home ownership with strangers.

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While speed and convenience are frequent hallmarks, most of these services aren't all that novel.

 (Photo: Getty Images)

"Many fintech products are just variations on older financial products and services," wrote the report's author, Lauren Saunders, associate director of the National Consumer Law Center. "A loan is still a loan."

Are there potential benefits?

Yes. The report noted that new fintech approaches could lower costs for consumers, expand financial services to more people such as lower-income households, speed up loan applications and other processes, make it easier to comparison shop, broaden access to credit and improve personal financial management overall.

"I am hopeful that fintech companies will use the power of mobile phones and real-time alerts to help people budget, save and manage their lives without resorting to high-cost loans," Saunders said in an interview.

As another example, she cited small-dollar lending options that could be preferable to credit cards, such as by offering predictable, fixed payment schedules.

What are some of the risks?

Saunders said she's concerned that many fintech companies are trying to offer services without being subject to consumer protections such as the right to dispute credit-card charges or question information contained in credit reports.

Saunders said she senses a definite intention by some companies to evade consumer-protection laws. In certain cases, "These are really just excuses to take away protections without close oversight," she said.

Lack of transparency also can be a problem, as some fintech products don't clearly state their fees or other costs.

"Sometimes the costs are hidden or are not revealed until after a consumer begins the sign-up process," the report read. "Sometimes the cost is not in dollars but in the use, sharing or selling of the consumer's personal information."

Her report described privacy policies that are opaque, and it can be difficult for consumers to tell if a company employs strong electronic data security. Breaches are common even with giant corporations, and many fintech players are small startups.

Without human intermediaries or local offices, it can be hard to fix problems if they arise.

"Interactions that take place entirely on a mobile device have no paper record of the agreement or paper statements to call attention to fees and charges," the report said.

What about the 'sandbox' trials?

A few states are mulling the idea of letting fintech companies test their services without obtaining the usual licenses or complying to the same degree with consumer-protection laws – trial programs called "sandboxes." The idea is to encourage innovation with less regulatory oversight.

Arizona became the first state to do this last year and has attracted three fintech firms to its sandbox.

Grain Technology Inc. is testing customized savings plans and opportunities for consumers to obtain small lines of credit so as to avoid costly bank overdraft fees.

Sweetbridge NFP is testing a lending product using blockchain software with an interest rate cap of 20 percent, which the Arizona Attorney General's Office said is much lower than rates allowed under Arizona law.

Omni Mobile Inc. is testing purportedly faster, cheaper processing of guest payments at a resort in Tucson.

In a lawsuit against the Arizona Board of Regents, Arizona Attorney General Mark Brnovich seeks to force an Omni Hotel slated for University Drive and Mill Avenue to pay property taxes. (Photo: Tom Tingle/The Republic)

Attorney General Mark Brnovich said regulators need to catch up with fintech innovation and that "Arizona has embraced this reality and is rapidly becoming a hub for innovation."

State Rep. Jeff Weninger, R-Chandler, who sponsored the legislation, cited the sandbox as a sign Arizona is becoming a "leader in attracting innovation and economic development." 

Companies must inform consumers of their participation in the sandbox and must adhere to consumer-protection laws, the Attorney General's Office said. But Saunders is skeptical, noting that there's less oversight, consumer protections might be relaxed and there's often poor transparency, with companies revealing little about their operations.

With the sandboxes, Saunders sees potential for states to "endorse things that legislators don't understand."

As for common claims made by fintech firms of providing new consumer benefits, spurring innovation and enhancing economic development, the same claims are routinely made by other businesses too, she noted.

How should consumers respond?

The gist of Saunders' report is that people need to remain as vigilant as ever, maybe more so, when dealing with new approaches and companies in the financial industry. If a company offers, say, a no-interest loan, look for higher fees elsewhere or possible selling or sharing of personal information.

It's notable that some past industry developments, such as adjustable-rate mortgages and automated loan-application processes, didn't always turn out so well. These same approaches could have been viewed as fintech developments in their day, though they weren't called that at the time.

"Just because something is fast and easy doesn't mean it's a good idea," Saunders said, adding that policymakers should resist calls to weaken consumer protections.

Reach Wiles at russ.wiles@arizonarepublic.com or 602-444-8616.

 

Hot Gold Stocks To Invest In Right Now

tags:GSS,NGD,NXG,ORE,CME,

Nomura reissued their reduce rating on shares of Oracle (NYSE:ORCL) in a research note issued to investors on Monday, MarketBeat reports. They currently have a $42.00 price objective on the enterprise software provider’s stock, down from their previous price objective of $53.00.

ORCL has been the topic of a number of other research reports. Zacks Investment Research downgraded Oracle from a hold rating to a sell rating in a research report on Wednesday, March 6th. Morgan Stanley downgraded Oracle from an overweight rating to an equal weight rating and lowered their target price for the company from $57.00 to $53.00 in a research report on Tuesday, January 15th. Goldman Sachs Group reaffirmed a buy rating and issued a $55.00 target price on shares of Oracle in a research report on Thursday, February 14th. Standpoint Research downgraded Oracle from a buy rating to a hold rating in a research report on Tuesday, February 19th. Finally, Barclays downgraded Oracle from an overweight rating to an equal weight rating and lowered their target price for the company from $60.00 to $55.00 in a research report on Wednesday, January 9th. Three investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of $52.12.

Hot Gold Stocks To Invest In Right Now: Golden Star Resources Ltd(GSS)

Advisors' Opinion:

• [By Max Byerly]

  Golden Star Resources Ltd. (NYSEAMERICAN:GSS) was the target of a significant increase in short interest in September. As of September 28th, there was short interest totalling 10,021,831 shares, an increase of 6.9% from the September 14th total of 9,371,344 shares. Based on an average trading volume of 1,038,207 shares, the short-interest ratio is presently 9.7 days. Approximately 4.7% of the company’s shares are sold short.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Golden Star Resources (GSS)

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

• [By Joseph Griffin]

  Golden Star Resources Ltd. (TSE:GSC) (NYSE:GSS) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$1.48.

Hot Gold Stocks To Invest In Right Now: NEW GOLD INC.(NGD)

Advisors' Opinion:

• [By WWW.GURUFOCUS.COM]

  For the details of Exor Investments (UK) LLP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Exor+Investments+%28UK%29+LLP

  These are the top 5 holdings of Exor Investments (UK) LLPSibanye-Stillwater (SBGL) - 45,970,311 shares, 32.51% of the total portfolio. Shares added by 8.09%VEON Ltd (VEON) - 37,657,792 shares, 31.02% of the total portfolio. Shares added by 3.83%Cameco Corp (CCJ) - 5,967,410 shares, 19.32% of the total portfolio. Harmony Gold Mining Co Ltd (HMY) - 13,275,728 shares, 6.26% of the total portfolio. Shares added by 6.84%Novagold Resources Inc (NG) - 5,889,905 shares, 6.21% of the total portfolio. Shares
• [By Stephan Byrd]

  JPMorgan Chase & Co. downgraded shares of New Gold (NYSEAMERICAN:NGD) from a neutral rating to an underweight rating in a research report released on Wednesday, The Fly reports.

• [By Lisa Levin] Gainers ARMO BioSciences, Inc. (NASDAQ: ARMO) shares rose 67.5 percent to $49.96 in pre-market trading after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. Turtle Beach Corporation (NASDAQ: HEAR) rose 62.8 percent to $11.30 in pre-market trading after the company reported Q1 results and raised its FY18 outlook. vTv Therapeutics Inc. (NASDAQ: VTVT) rose 23.4 percent to $2.11 in pre-market trading following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Resonant Inc. (NASDAQ: RESN) rose 19.1 percent to $5.00 in pre-market trading after reporting Q1 results. RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 17.7 percent to $2.39 in pre-market trading following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 15.2 percent to $2.20 in pre-market trading after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Everspin Technologies, Inc. (NASDAQ: MRAM) rose 14.6 percent to $8.50 in pre-market trading after the company reported strong results for its first quarter. Carvana Co. (NYSE: CVNA) shares rose 11 percent to $27.50 in pre-market trading after reporting upbeat Q1 sales. Sunrun Inc. (NASDAQ: RUN) rose 8.9 percent to $10.70 in pre-market trading following upbeat quarterly earnings. MediciNova, Inc. (NASDAQ: MNOV) rose 8.1 percent to $11.35 in pre-market trading after the company announced opening of Investigational New Drug Application for MN-166 (ibudilast) in glioblastoma. New Gold Inc. (NYSE: NGD) shares rose 7.7 percent to $2.65 in pre-market trading after the company reported that its President and CEO Hannes Portmann left the company. The company named Raymond Threlkeld as successor. Otter Tail Corporation (NASDAQ: OTTR) shares rose 7.4 percent to $46.60 in the pre-market trading session. Himax Technologies, Inc. (NASDAQ: HIMX) shares rose
• [By Maxx Chatsko]

  Shares of New Gold (NYSEMKT:NGD) fell by over 14% today after the company announced the surprise sale of its Mesquite gold mine. The business will receive $158 million in cash for the productive asset, which management says will "immediately crystallize several years' worth of future free cash flow as part of our strategy to prudently manage our balance sheet, providing the company with the financial flexibility to focus on our core assets".

• [By Paul Ausick]

  New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.

• [By Matthew DiLallo]

  Shares of New Gold (NYSEMKT:NGD) sold off on Thursday, plunging more than 20% by 11 a.m. EST after the gold mining company reported its fourth-quarter results as well as its outlook for 2019.

Hot Gold Stocks To Invest In Right Now: Northgate Minerals Corporation(NXG)

Advisors' Opinion:

• [By Shane Hupp]

  Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Hot Gold Stocks To Invest In Right Now: Orezone Gold Corp (ORE)

Advisors' Opinion:

• [By Shane Hupp]

  Galactrum (ORE) is a PoW/PoS coin that uses the
  Lyra2RE hashing algorithm. It was first traded on December 13th, 2017. Galactrum’s total supply is 2,781,952 coins and its circulating supply is 2,061,952 coins. Galactrum’s official website is galactrum.org. Galactrum’s official Twitter account is @galactrum.

• [By Jim Robertson]

  Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an "inability to access traditional funds has delayed the development of the sector" and that "these projects aren't easy -- so the banks just don't want to go there."

• [By Stephan Byrd]

  Galactrum (ORE) is a PoW/PoS coin that uses the
  Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

• [By Peter Graham]

  Sandstorm's due diligence is thorough, they don't just invest in any company. They like West Africa because they understand the area and the opportunities that exist there. Sandstorm is a royalty and streaming company, so they make these investments and receive cashflow deals that often kick in much later on. But they have already established a presence in Burkina and have deals in place with larger companies like Orezone Gold (TSXV: ORE) and Endeavour Mining (TSX: EDV). Sandstorm's investment also potentially gives us access to their marketing department through something they call Launch Lab, and it looks like it will really benefit our own marketing efforts and will expose us to more opportunities over the coming year.

Hot Gold Stocks To Invest In Right Now: CME Group Inc.(CME)

Advisors' Opinion:

• [By Ethan Ryder]

  Cashme (CURRENCY:CME) traded 0.1% lower against the dollar during the twenty-four hour period ending at 15:00 PM ET on September 8th. Cashme has a total market cap of $0.00 and $0.00 worth of Cashme was traded on exchanges in the last day. One Cashme coin can now be purchased for $0.0003 or 0.00000003 BTC on popular cryptocurrency exchanges. Over the last seven days, Cashme has traded up 55.3% against the dollar.

• [By Motley Fool Transcription]

  CME Group, Inc. (NASDAQ:CME)Q4 2018 Earnings Conference CallFeb. 14, 2019, 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By ]

  His picks aren't fly-by-night companies, or small biotech firms on the brink of bankruptcy. He looks for superior companies that readers can buy and hold onto for the long run. For instance, Jimmy has held CME Group (Nasdaq: CME) since August 2014, and it's rewarded him and his subscribers a total return of more than 190%, easily beating the S&P 500's 39% over the same time period. And there's plenty of other stocks in the portfolio with a similar story.

• [By Shane Hupp]

  Cashme (CURRENCY:CME) traded down 0.1% against the US dollar during the 1-day period ending at 10:00 AM E.T. on August 27th. Over the last week, Cashme has traded up 55.3% against the US dollar. Cashme has a market cap of $0.00 and $0.00 worth of Cashme was traded on exchanges in the last 24 hours. One Cashme coin can currently be bought for approximately $0.0003 or 0.00000003 BTC on exchanges.

• [By Stephan Byrd]

  KAMES CAPITAL plc cut its position in CME Group Inc (NASDAQ:CME) by 1.7% in the third quarter, HoldingsChannel reports. The firm owned 511,147 shares of the financial services provider’s stock after selling 8,580 shares during the period. CME Group accounts for approximately 2.1% of KAMES CAPITAL plc’s investment portfolio, making the stock its 12th biggest holding. KAMES CAPITAL plc’s holdings in CME Group were worth $87,002,000 as of its most recent filing with the SEC.

• [By Max Byerly]

  Commonwealth Bank of Australia raised its holdings in CME Group Inc (NASDAQ:CME) by 18.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,969 shares of the financial services provider’s stock after purchasing an additional 4,160 shares during the period. Commonwealth Bank of Australia’s holdings in CME Group were worth $4,413,000 at the end of the most recent reporting period.

Top Value Stocks To Buy For 2019

tags:PSK,SHW,NYMX,

Home BancShares (NASDAQ:HOMB) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

Several other equities research analysts have also recently commented on HOMB. Sandler O’Neill set a $26.00 price objective on shares of Home BancShares and gave the company a “hold” rating in a research report on Thursday, January 4th. BidaskClub cut shares of Home BancShares from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Piper Jaffray reaffirmed a “hold” rating and issued a $26.00 price objective on shares of Home BancShares in a research report on Tuesday, January 9th. Zacks Investment Research cut shares of Home BancShares from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Home BancShares in a research report on Friday, April 20th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.33.

Top Value Stocks To Buy For 2019: SPDR Wells Fargo Preferred Stock ETF (PSK)

Advisors' Opinion:

• [By Max Byerly]

  PrairieSky Royalty Ltd (TSE:PSK) has earned a consensus recommendation of “Buy” from the twelve brokerages that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$32.99.

• [By Max Byerly]

  SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK) announced a monthly dividend on Monday, September 3rd, Wall Street Journal reports. Investors of record on Wednesday, September 5th will be given a dividend of 0.20 per share on Monday, September 10th. This represents a $2.40 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Tuesday, September 4th.

• [By Shane Hupp]

  The firm also recently declared a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were given a $0.20 dividend. This represents a $2.40 annualized dividend and a yield of 5.76%. The ex-dividend date was Friday, February 1st.

  TRADEMARK VIOLATION NOTICE: “SPDR Wells Fargo Preferred Stock ETF (PSK) Shares Sold by Regal Investment Advisors LLC” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/4139767/spdr-wells-fargo-preferred-stock-etf-psk-shares-sold-by-regal-investment-advisors-llc.html.

  About SPDR Wells Fargo Preferred Stock ETF

• [By Ethan Ryder]

  PrairieSky Royalty (TSE:PSK)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$28.50 and last traded at C$28.40, with a volume of 395241 shares changing hands. The stock had previously closed at C$28.32.

• [By Shane Hupp]

  LPL Financial LLC decreased its position in shares of SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK) by 23.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 138,573 shares of the company’s stock after selling 41,937 shares during the quarter. LPL Financial LLC’s holdings in SPDR Wells Fargo Preferred Stock ETF were worth $6,021,000 as of its most recent filing with the SEC.

Top Value Stocks To Buy For 2019: Sherwin-Williams Company (SHW)

Advisors' Opinion:

• [By Dan Caplinger]

  Investors like dividend stocks that aren't stingy with their payouts. Yet even among the elite ranks of the Dividend Aristocrats -- stocks that have increased their annual payments to shareholders for at least 25 straight years -- you can find some companies with dividend yields that are embarrassingly low. Below, we'll look more closely at Roper Technologies (NYSE:ROP), S&P Global (NYSE:SPGI), and Sherwin-Williams (NYSE:SHW) to see why they give investors a somewhat mixed picture when it comes to dividends.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Sherwin-Williams (SHW)

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

• [By Motley Fool Staff]

  Sherwin-Williams (NYSE:SHW) Q1 2018 Earnings Conference CallApril 24, 2018 11:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Top Value Stocks To Buy For 2019: Nymox Pharmaceutical Corporation(NYMX)

Advisors' Opinion:

• [By Logan Wallace]

  IDEXX Laboratories (NASDAQ: IDXX) and Nymox Pharmaceutical (NASDAQ:NYMX) are both medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership.

AMERCO (UHAL) Given $400.00 Consensus Target Price by Brokerages

AMERCO (NASDAQ:UHAL) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokerages have set a 12-month consensus price target of $400.00 for the company and are predicting that the company will post ($0.84) earnings per share for the current quarter, according to Zacks. Zacks has also given AMERCO an industry rank of 172 out of 255 based on the ratings given to related companies.

Get AMERCO alerts:

Several brokerages recently issued reports on UHAL. BidaskClub upgraded shares of AMERCO from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 22nd. ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st.

NASDAQ:UHAL traded down $1.98 during midday trading on Thursday, hitting $374.15. The company had a trading volume of 317 shares, compared to its average volume of 38,945. AMERCO has a 52-week low of $316.00 and a 52-week high of $387.95. The firm has a market capitalization of $7.17 billion, a PE ratio of 23.85 and a beta of 0.83. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.62 and a current ratio of 2.80.

AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, February 6th. The transportation company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.46. AMERCO had a net margin of 10.02% and a return on equity of 10.27%. The company had revenue of $919.09 million during the quarter, compared to analyst estimates of $866.87 million. During the same period in the previous year, the business earned $2.34 earnings per share. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts forecast that AMERCO will post 18.04 EPS for the current fiscal year.

The firm also recently declared a special dividend, which will be paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, March 20th.

In other AMERCO news, General Counsel Respino Laurence J. De sold 86 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $375.20, for a total transaction of $32,267.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 42.60% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc boosted its position in AMERCO by 1.9% during the third quarter. Vanguard Group Inc now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after buying an additional 12,683 shares during the period. Vanguard Group Inc. raised its stake in shares of AMERCO by 1.9% during the third quarter. Vanguard Group Inc. now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after acquiring an additional 12,683 shares during the last quarter. BlackRock Inc. raised its stake in shares of AMERCO by 29.9% during the fourth quarter. BlackRock Inc. now owns 495,926 shares of the transportation company’s stock valued at $162,718,000 after acquiring an additional 114,030 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of AMERCO by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 460,746 shares of the transportation company’s stock valued at $151,180,000 after acquiring an additional 19,452 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of AMERCO by 3.1% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 442,869 shares of the transportation company’s stock valued at $145,310,000 after acquiring an additional 13,413 shares during the last quarter. Institutional investors and hedge funds own 37.33% of the company’s stock.

AMERCO Company Profile

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.

Featured Article: What is the price-sales ratio?

Get a free copy of the Zacks research report on AMERCO (UHAL)

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TheStreet Lowers McDermott International (MDR) to D

McDermott International (NYSE:MDR) was downgraded by research analysts at TheStreet from a “c-” rating to a “d” rating in a research note issued on Monday.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research upgraded McDermott International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. ValuEngine upgraded McDermott International from a “strong sell” rating to a “sell” rating in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. McDermott International presently has an average rating of “Hold” and a consensus price target of $23.50.

Get McDermott International alerts:

MDR opened at $8.39 on Monday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of -8.47 and a beta of 2.73. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.78 and a quick ratio of 0.77. McDermott International has a 1-year low of $6.10 and a 1-year high of $23.58.

McDermott International (NYSE:MDR) last released its earnings results on Monday, February 25th. The oil and gas company reported ($1.55) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($1.76). The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.64 billion. McDermott International had a return on equity of 8.40% and a net margin of 2.05%. The business’s revenue for the quarter was up 188.7% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share. On average, analysts predict that McDermott International will post 1.69 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in MDR. AQR Capital Management LLC lifted its position in shares of McDermott International by 892.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,250,422 shares of the oil and gas company’s stock valued at $59,905,000 after acquiring an additional 2,922,760 shares during the last quarter. Norges Bank acquired a new stake in shares of McDermott International during the 4th quarter valued at $17,301,000. Millennium Management LLC lifted its position in shares of McDermott International by 274.9% during the 4th quarter. Millennium Management LLC now owns 3,101,248 shares of the oil and gas company’s stock valued at $20,282,000 after acquiring an additional 2,274,013 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of McDermott International during the 2nd quarter valued at $43,106,000. Finally, Van ECK Associates Corp lifted its position in shares of McDermott International by 67.9% during the 4th quarter. Van ECK Associates Corp now owns 4,247,475 shares of the oil and gas company’s stock valued at $27,778,000 after acquiring an additional 1,717,884 shares during the last quarter. Institutional investors own 83.35% of the company’s stock.

About McDermott International

McDermott International, Inc provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects.

Featured Article: What Does Beta Mean In Stock Selection

Hot Undervalued Stocks To Own Right Now

tags:MMI,ZAGG,PANW,GNFTF,LOOK,CGI,

Using Money Morning's proprietary VQScore stock valuation system, I found an undervalued dividend stock that's flashing a huge "Buy" signal right now.

Through the system, we track the 1,500 most profitable companies on the market. A VQScore of 4.00 or higher puts a stock in the "Buy Zone." These are the stocks priced to make you money.

And this stock is a screaming buy, with a top score of 4.75….

It's undervalued right now because Wall Street is ignoring huge revenue growth potential thanks to international expansion.

Hot Undervalued Stocks To Own Right Now: Marcus & Millichap, Inc.(MMI)

Advisors' Opinion:

• [By Motley Fool Transcribers]

  Marcus & Millichap Inc  (NYSE:MMI)Q4 2018 Earnings Conference CallFeb. 20, 2019, 5:00 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Shane Hupp]

  Marcus & Millichap (NYSE:MMI) was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating in a report issued on Wednesday, Marketbeat reports.

• [By Logan Wallace]

  Marcus & Millichap Inc (NYSE:MMI) major shareholder Phoenix Investments Holdings L sold 3,000 shares of Marcus & Millichap stock in a transaction that occurred on Monday, July 30th. The shares were sold at an average price of $40.27, for a total transaction of $120,810.00. Following the completion of the transaction, the insider now directly owns 16,532,215 shares in the company, valued at approximately $665,752,298.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Hot Undervalued Stocks To Own Right Now: ZAGG Inc(ZAGG)

Advisors' Opinion:

• [By Timothy Green]

  Shares of ZAGG Inc. (NASDAQ:ZAGG) soared on Wednesday after the mobile device accessory company reported first-quarter results. ZAGG handily beat analyst expectations on all fronts, registering an unexpected double-digit increase in revenue. As of 12:45 p.m. EDT, the stock was up about 26%.

• [By Shane Hupp]

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

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

• [By Lisa Levin]

  Shares of ZAGG Inc (NASDAQ: ZAGG) got a boost, shooting up 34 percent to $15.3628 after the company posted better-than-expected Q1 earnings.

  Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares were also up, gaining 9 percent to $8.125 after reporting Q1 results.

Hot Undervalued Stocks To Own Right Now: Palo Alto Networks, Inc.(PANW)

Advisors' Opinion:

• [By ]

  Palo Alto Networks (NYSE: PANW) shares jumped 7% after hours yesterday when the company topped earnings expectations and issued strong guidance.

  We've maintained a PANW in the portfolio since June — and we suggested adding to your position back on Feb. 14th after the stock tagged our preliminary target of $160. Now that the stock is approaching $180 after hours, it has the momentum it needs to make a run at its 2015 all-time highs near $200.

• [By Motley Fool Transcription]

  Palo Alto Networks, Inc. (NYSE:PANW) Q4 2018 Earnings Conference Call September 6, 2018, 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Palo Alto Networks (PANW)

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

• [By Harsh Chauhan]

  Over a year ago, cybersecurity specialists Palo Alto Networks (NYSE:PANW) and FireEye (NASDAQ:FEYE) were trying to turn investor sentiment in their favor. While Palo Alto was facing execution challenges thanks to an outdated sales model, FireEye was struggling thanks to executive turnover and inconsistent financial performance.

• [By Nicholas Rossolillo]

  During the first quarter of 2018, Check Point's revenue only rose 4% year over year. Meanwhile, younger competitor Palo Alto Networks (NYSE:PANW) has been growing sales by double digits with aggressive marketing and newer technology.

Hot Undervalued Stocks To Own Right Now: Genfit SA (GNFTF)

Advisors' Opinion:

• [By ]

  With one product candidate at phase 3 of development, Genfit (OTCPK:GNFTF) should interest institutional investors quite a bit. The results are expected by the end of 2019, which the market should remember well. Keep in mind that beneficial results could make the share price increase quite a bit. Having mentioned this, the company may need more financing to finish other product candidates still at phase 2 of development. Investors should remember that further sale of equity to finance these trials could lead to share price depreciation in the near future.

• [By Keith Speights]

  French drugmaker Genfit (NASDAQOTH:GNFTF) expects to report interim results from a phase 3 study of elafibranor in treating NASH later in 2019. The company could be set to file for regulatory approval in the NASH indication by late 2020 or early 2021. Elafibranor could potentially be viewed as more effective and safer than Ocaliva based on earlier clinical results. Genfit is also evaluating elafibranor in treating PBC, with positive phase 2 results announced in December 2018.

• [By ]

  Here's what we wrote: "With GR-MD-02, Galectin is also targeting a different spectrum of NASH. The company's programs with GR-MD-02 are focusing on NASH treatment in individuals with advanced fibrosis and cirrhosis. As we mentioned before, Genfit (OTCPK:GNFTF) and Intercept (ICPT) are targeting what can be termed as the "sweet spot" of the NASH spectrum. Galecctin is one of the few companies targeting advanced stage of the disease. This makes it both an interesting and at the same time risky bet in the NASH space."

• [By ]

  This phase 2 data for Madrigal was phenomenal, which is why I think it will do well in a phase 3 trial. The other side of the trade is that Intercept Pharmaceuticals (ICPT) and Genfit (OTCPK:GNFTF) are further along with phase 3 trials, which are expected to read out NASH results by 2019/2020. Intercept has a good drug with Ocaliva, however, it suffers from toxicity issues when Doctors prescribe higher than necessary dosing. On the flip side, Ocaliva has shown a greater difference in fibrosis reduction for NASH in its phase 2 FLINT trial compared to MGL-3196. What do I mean by that? Well, as you can see above MGL-3196 obtained a fibrosis reduction in NASH patients of 29% compared to 23% for those on placebo creating a difference of only 6%. If you look at Ocaliva from the FLINT trial, from Intercept Pharmaceuticals, it had a fibrosis reduction of 35% compared to 19% of those NASH patients on placebo. It is just something to keep in mind. I still believe that MGL-3196 will eventually be approved. The question that should be asked is how well will it do compared to other competitors in the same space with better fibrosis reductions? That will be key, because NASH causes fibrosis (scarring) of the liver. Fibrosis eventually turns into cirrhosis of the liver, which can eventually lead to liver failure. That's why, in my opinion, a drug that will have the most impact on NASH will be one that shows a major reduction in fibrosis. The good news is that the NASH market is expected to reach between $20 to $30 billion in the coming years. It is a large market for plenty of players in this space. The other endpoints are important as well, but in a competitive market such as NASH, fibrosis reduction will make the difference in terms of more sales. This is just an important factor to keep in mind.

Hot Undervalued Stocks To Own Right Now: LookSmart Ltd.(LOOK)

Advisors' Opinion:

• [By Stephan Byrd]

  Lookers (LON:LOOK)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a note issued to investors on Friday.

• [By Shane Hupp]

  Peel Hunt reissued their buy rating on shares of Lookers (LON:LOOK) in a research note issued to investors on Wednesday morning.

  A number of other equities analysts also recently weighed in on the stock. Numis Securities reaffirmed a buy rating and issued a GBX 130 ($1.76) price target on shares of Lookers in a research note on Wednesday, March 7th. JPMorgan Chase upped their price target on shares of Lookers from GBX 109 ($1.48) to GBX 130 ($1.76) and gave the stock an overweight rating in a research note on Thursday, March 8th. Liberum Capital reaffirmed a buy rating and issued a GBX 145 ($1.97) price target on shares of Lookers in a research note on Wednesday, March 7th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 146 ($1.98) price target on shares of Lookers in a research note on Monday, March 5th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Lookers has an average rating of Buy and an average price target of GBX 137.71 ($1.87).

Hot Undervalued Stocks To Own Right Now: Celadon Group, Inc.(CGI)

Advisors' Opinion:

• [By Ethan Ryder]

  Scopus Asset Management L.P. reduced its holdings in shares of Celadon Group, Inc. (NYSE:CGI) by 57.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 900,000 shares of the transportation company’s stock after selling 1,218,285 shares during the quarter. Scopus Asset Management L.P. owned approximately 3.18% of Celadon Group worth $3,330,000 as of its most recent filing with the SEC.

• [By Stephan Byrd]

  Russell Investments Group Ltd. boosted its position in shares of Celadon Group, Inc. (NYSE:CGI) by 26.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,347,089 shares of the transportation company’s stock after purchasing an additional 283,476 shares during the quarter. Russell Investments Group Ltd. owned about 4.76% of Celadon Group worth $4,983,000 as of its most recent filing with the Securities and Exchange Commission.

What's your tax refund? They're bigger in 2019

The average tax refund is $22 higher than a year ago after the fifth week of filing season, the Internal Revenue Service reported on Thursday.

The average 2019 tax refund issued so far rose to $3,068, up 0.7 percent from $3,036 at the same time last year. The IRS has issued about 46.4 million total refunds. That's more than 2 million fewer, or down 4.2 percent, from last year.

So far, the agency has processed almost 56.9 million returns, about 3.7 percent less than last year at this time. It has received 59.2 million returns of an expected 150 million for the year.

 (Photo: Getty Images)

The IRS began accepting returns on Jan. 28. Most taxpayers have until April 15 to file their returns.

Job alert: Economy added just 20,000 jobs in February amid slowing growth, snowy weather

Car talk: You can kiss $2 gas goodbye: Here's why low pump prices are creeping higher

Tax refunds have been closely watched this year, the first since the new tax law went into effect. Overall, four out of five taxpayers are estimated to have a lower tax liability this year because of the new law. Only 5 percent are forecast to pay more.

But some taxpayers may get a smaller refund than they're used to getting or even owe the federal government if they didn't adjust their paycheck withholdings during the year to account for the tax code changes, tax experts have warned.

Best rides: These are the 10 best cars, SUVs and pickups of 2019, according to Consumer Reports

People who got a smaller refund or an unexpected tax bill, probably received your tax savings in each paycheck during the year.

 

CLOSE

More people are filing taxes online than ever. USA TODAY

 

Here's what the 'real' unemployment rate is

The unemployment rate fell to 3.8 percent in February, according to the Labor Department. But a broader measurement says the jobless rate plunged to 7.3 percent last month.

The 3.8 percent figure is known as the U-3 rate, which is defined as "total unemployed, as a percent of the civilian labor force." But this number doesn't include the underemployed or the discouraged. The U-6 rate is a more encompassing unemployment rate that counts discouraged workers who aren't currently looking for jobs as well as those holding jobs part-time for economic reasons.

The U-6 rate, often called the "real" unemployment rate, dropped to 7.3 percent in February from 8.1 percent in January. That is the lowest reading of the five most recent reports.

The number of those employed part-time for economic reasons tumbled by 837,000, to 4.3 million, while those completing temporary jobs fell by 225,000. A Labor Department office said was a consequence of the government shutdown that ended in late February.

Job growth came to a near halt in February after a blistering start to the year, with nonfarm payrolls increasing by just 20,000, falling short of the relatively modest expectations of 180,000 from economists surveyed by Dow Jones.

It was the worst month for job creation since September 2017, offset somewhat by a solid increase in wages.

— With reporting from Jeff Cox

Golden Ocean Group (GOGL) Hits New 1-Year Low at $4.77

Golden Ocean Group Ltd (NASDAQ:GOGL) reached a new 52-week low on Thursday . The stock traded as low as $4.77 and last traded at $4.84, with a volume of 700 shares traded. The stock had previously closed at $4.96.

GOGL has been the topic of several analyst reports. Nordea Equity Research lowered shares of Golden Ocean Group from a “hold” rating to a “sell” rating in a report on Thursday, January 10th. BidaskClub upgraded shares of Golden Ocean Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. BTIG Research initiated coverage on shares of Golden Ocean Group in a report on Thursday, November 15th. They issued a “buy” rating and a $10.00 target price on the stock. Finally, Zacks Investment Research lowered shares of Golden Ocean Group from a “buy” rating to a “hold” rating in a report on Thursday, January 17th. Four analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $10.15.

Get Golden Ocean Group alerts:

The company has a current ratio of 0.85, a quick ratio of 1.43 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $737.10 million, a P/E ratio of 7.98 and a beta of 1.87.

Golden Ocean Group (NASDAQ:GOGL) last issued its quarterly earnings data on Tuesday, February 19th. The shipping company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.10. Golden Ocean Group had a net margin of 12.89% and a return on equity of 5.65%. The business had revenue of $131.92 million for the quarter, compared to analyst estimates of $106.10 million. Equities research analysts forecast that Golden Ocean Group Ltd will post -0.1 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, March 7th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.18%. Golden Ocean Group’s payout ratio is 100.00%.

Several large investors have recently modified their holdings of the stock. Millennium Management LLC raised its holdings in shares of Golden Ocean Group by 179.7% during the fourth quarter. Millennium Management LLC now owns 296,945 shares of the shipping company’s stock worth $1,829,000 after acquiring an additional 190,785 shares during the period. Segall Bryant & Hamill LLC acquired a new stake in shares of Golden Ocean Group during the fourth quarter worth $4,217,000. Gotham Asset Management LLC acquired a new stake in shares of Golden Ocean Group during the fourth quarter worth $119,000. Northern Trust Corp grew its position in Golden Ocean Group by 10.7% in the fourth quarter. Northern Trust Corp now owns 73,669 shares of the shipping company’s stock valued at $454,000 after purchasing an additional 7,100 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in Golden Ocean Group in the fourth quarter valued at $69,000. Institutional investors and hedge funds own 20.43% of the company’s stock.

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About Golden Ocean Group (NASDAQ:GOGL)

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers.

Recommended Story: Market Capitalization – What it Means for Investors

Top 10 Penny Stocks To Own Right Now

tags:III,SSBI,CPHI,RICK,EGLE,NRG,TSN,AIM,TIS,SORL,

Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

Get Pennymac Mortgage Investment alerts:

Pennymac Mortgage Investment (NYSE:PMT) last announced its earnings results on Thursday, May 3rd. The real estate investment trust reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.05. The company had revenue of $75.67 million during the quarter, compared to the consensus estimate of $80.20 million. Pennymac Mortgage Investment had a net margin of 33.00% and a return on equity of 7.28%. During the same quarter in the prior year, the company posted $0.47 earnings per share.

Top 10 Penny Stocks To Own Right Now: Information Services Group Inc.(III)

Advisors' Opinion:

• [By Logan Wallace]

  CGI Group (NYSE: GIB) and Information Services Group (NASDAQ:III) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Information Services Group, Inc. Common Stock (III)

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

• [By Logan Wallace]

  Martingale Asset Management L P bought a new position in Information Services Group, Inc. Common Stock (NASDAQ:III) during the second quarter, Holdings Channel reports. The fund bought 110,416 shares of the business services provider’s stock, valued at approximately $453,000.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Information Services Group, Inc. Common Stock (III)

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

• [By Joseph Griffin]

  3i Group (LON:III) had its price target upped by Societe Generale from GBX 1,020 ($13.58) to GBX 1,130 ($15.04) in a research note released on Thursday. The brokerage currently has a buy rating on the stock.

Top 10 Penny Stocks To Own Right Now: Summit State Bank(SSBI)

Advisors' Opinion:

• [By Max Byerly]

  ValuEngine upgraded shares of Summit State Bank (NASDAQ:SSBI) from a hold rating to a buy rating in a research note released on Saturday.

  Separately, TheStreet raised Summit State Bank from a c+ rating to a b rating in a report on Wednesday, February 14th.

Top 10 Penny Stocks To Own Right Now: China Pharma Holdings Inc.(CPHI)

Advisors' Opinion:

• [By Logan Wallace]

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

  Get Scynexis alerts: Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy – SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)

  Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.

Top 10 Penny Stocks To Own Right Now: Rick's Cabaret International Inc.(RICK)

Advisors' Opinion:

• [By Joseph Griffin]

  Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

  Get RCI Hospitality alerts: Zacks: RCI Hospitality Holdings Inc (RICK) Given Average Recommendation of “Strong Buy” by Analysts (americanbankingnews.com) RCI Hospitality Holdings Inc (RICK) Expected to Post Quarterly Sales of $41.13 Million (americanbankingnews.com) 2018 Family Business Achievement Awards (sbnonline.com) Analysts Expect RCI Hospitality Holdings Inc (RICK) to Announce $0.47 EPS (americanbankingnews.com)

  RCI Hospitality stock traded up $0.12 during mid-day trading on Friday, hitting $32.63. 510 shares of the company were exchanged, compared to its average volume of 28,111. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.14 and a current ratio of 1.24. The company has a market capitalization of $313.31 million, a price-to-earnings ratio of 22.82 and a beta of 0.49. RCI Hospitality has a 12-month low of $21.91 and a 12-month high of $34.84.

• [By Shane Hupp]

  RCI Hospitality (NASDAQ:RICK) announced its quarterly earnings results on Thursday. The restaurant operator reported $0.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.05, Fidelity Earnings reports. The company had revenue of $42.63 million for the quarter, compared to analyst estimates of $40.97 million. RCI Hospitality had a net margin of 12.95% and a return on equity of 13.51%.

• [By Ethan Ryder]

  These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

  Get RadNet alerts: Edited Transcript of RDNT earnings conference call or presentation 9-Aug-18 2:30pm GMT (finance.yahoo.com) Stocks Favored By Analysts: RadNet, Inc. (NASDAQ:RDNT) & RCI Hospitality Holdings, Inc. (NASDAQ:RICK) (baycityobserver.com) RadNet, Inc. (RDNT) stock closes -0.37% above from its SMA-50 (nasdaqplace.com) $241.29 Million in Sales Expected for RadNet Inc. (RDNT) This Quarter (americanbankingnews.com) Zacks: Analysts Expect RadNet Inc. (RDNT) to Announce $0.15 EPS (americanbankingnews.com)

  Shares of RDNT traded up $0.20 during trading hours on Friday, hitting $14.10. The stock had a trading volume of 128,336 shares, compared to its average volume of 171,176. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $678.40 million, a PE ratio of 48.62, a P/E/G ratio of 5.02 and a beta of 0.32. RadNet has a 1-year low of $9.50 and a 1-year high of $15.50.

• [By Garrett Baldwin]

  To see why we believe some of the richest players in the world are preparing for a market collapse, click here.

  Stocks to Watch Today: AMZN, NFLX, AAPL Democrats have been enraged by the sweetheart deal given to Amazon.com Inc. (NASDAQ: AMZN) in New York City. Now, independents like former mayor Michael Bloomberg have criticized the billions in subsidies given to the e-commerce giant. Well, Amazon has responded. The company's executive team is now reevaluating its planned campus in Long Island City, and it could leave the region under pressure. Last week, JPMorgan Chase & Co. (NYSE: JPM) released a report that recommended one of the deals of the decade. The bank has called for Apple Inc. (NASDAQ: AAPL) to buy streaming giant Netflix Inc. (NASDAQ: NFLX). This deal is a no-brainer in today's market. We break down what a deal would look like, how it benefits both sides, and how it would be like rocket fuel for Apple stock. Here's what you need to know. Look for earnings reports from Brighthouse Financial Inc. (NYSE: BHF), Everest Re Group Ltd. (NYSE: RE), Loews Corp. (NYSE: L), Omega Healthcare Investors Inc. (NYSE: OHI), RCI Hospitality Holdings Inc. (NYSE: RICK), Restaurant Brands International Inc. (NYSE: QSR), and Vornado Realty Trust (NYSE: VNO).

  Follow Money Morning on Facebook, Twitter, and LinkedIn.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on RCI Hospitality (RICK)

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

• [By Joseph Griffin]

  RCI Hospitality (NASDAQ:RICK) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.

Top 10 Penny Stocks To Own Right Now: Eagle Bulk Shipping Inc.(EGLE)

Advisors' Opinion:

• [By Motley Fool Transcribers]

  Eagle Bulk Shipping Inc  (NASDAQ:EGLE)Q4 2018 Earnings Conference CallMarch 06, 2019, 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Several brokerages have updated their recommendations and price targets on shares of Eagle Bulk Shipping (NASDAQ: EGLE) in the last few weeks:

  7/2/2018 – Eagle Bulk Shipping was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating. 6/28/2018 – Eagle Bulk Shipping was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. 6/18/2018 – Eagle Bulk Shipping is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $6.50 price target on the stock. 6/18/2018 – Eagle Bulk Shipping is now covered by analysts at DNB Markets. They set a “buy” rating on the stock. 6/12/2018 – Eagle Bulk Shipping was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. 6/2/2018 – Eagle Bulk Shipping was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating. 6/2/2018 – Eagle Bulk Shipping was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating. 5/29/2018 – Eagle Bulk Shipping is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $7.50 price target on the stock. 5/15/2018 – Eagle Bulk Shipping was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Eagle Bulk Shipping is the largest U.S. based owner of Handymax dry bulk vessels. Handymax dry bulk vessels range in size from 35,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. “ 5/9/2018 – Eagle Bulk Shipping had its “hold” rating reaffirmed by analysts at Maxim Group. They now have a $6.00 price target on the
• [By Joseph Griffin]

  Eagle Bulk Shipping Inc. (NASDAQ:EGLE) major shareholder Goldentree Asset Management Lp acquired 84,969 shares of the business’s stock in a transaction on Monday, February 11th. The shares were bought at an average cost of $4.02 per share, for a total transaction of $341,575.38. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Top 10 Penny Stocks To Own Right Now: NRG Energy Inc.(NRG)

Advisors' Opinion:

• [By Stephan Byrd]

  Energi (CURRENCY:NRG) traded up 0.2% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM Eastern on September 15th. Over the last seven days, Energi has traded 14.2% higher against the U.S. dollar. Energi has a market capitalization of $1.61 million and $2,597.00 worth of Energi was traded on exchanges in the last 24 hours. One Energi coin can now be purchased for $0.32 or 0.00004969 BTC on exchanges including CoinExchange, Cryptopia and CryptoBridge.

• [By Motley Fool Transcribers]

  NRG Energy Inc (NYSE:NRG)Q2 2018 Earnings Conference CallAug. 2, 2018, 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Shane Hupp]

  Energi (CURRENCY:NRG) traded 3.8% lower against the dollar during the 24-hour period ending at 22:00 PM Eastern on February 2nd. Energi has a market cap of $9.51 million and approximately $100,521.00 worth of Energi was traded on exchanges in the last day. One Energi coin can currently be bought for approximately $0.76 or 0.00021720 BTC on major cryptocurrency exchanges including CoinExchange, Cryptopia and CryptoBridge. In the last seven days, Energi has traded down 9.3% against the dollar.

• [By Matthew DiLallo]

  Shares of NRG Energy Inc. (NYSE:NRG) rose 10.9% in August, buoyed by its second-quarter results and an analyst upgrade.

  So what

  "Our business performed exceptionally well during the second quarter," stated CEO Mauricio Gutierrez in the company's earnings press release. Driving that view is that income from continuing operations rose from $99 million in the year-ago period to $121 million in this year's second quarter. Powering the company's improvement was its retail segment, where adjusted EBITDA came in at $298 million, which was $94 million higher than the second quarter of last year. The company's generation business also delivered stronger results as adjusted EBITDA rose $45 million to $197 million. Those dual fuels enabled the company to reaffirm its full-year outlook for adjusted EBITDA between $2.8 billion to $3 billion.

Top 10 Penny Stocks To Own Right Now: Tyson Foods Inc.(TSN)

Advisors' Opinion:

• [By Ethan Ryder]

  Federated Investors Inc. PA cut its stake in Tyson Foods, Inc. (NYSE:TSN) by 12.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,862 shares of the company’s stock after selling 2,349 shares during the period. Federated Investors Inc. PA’s holdings in Tyson Foods were worth $1,092,000 at the end of the most recent quarter.

• [By Shane Hupp]

  HL Financial Services LLC purchased a new position in shares of Tyson Foods (NYSE:TSN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 61,568 shares of the company’s stock, valued at approximately $4,506,000.

• [By Joseph Griffin]

  US Bancorp DE raised its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 3.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,012 shares of the company’s stock after acquiring an additional 1,799 shares during the period. US Bancorp DE’s holdings in Tyson Foods were worth $3,661,000 at the end of the most recent reporting period.

• [By Brian Stoffel]

  Here are the 10 stocks that I think are in the most trouble. Below, I'll get into how each of them stacks up against these three metrics.

  Company Ticker Main Brands Procter & Gamble (NYSE:PG) Tide, Pampers, Old Spice, Gillette PepsiCo (NASDAQ:PEP) Pepsi, Tostitos, Aquafina, Quaker Oats Coca-Cola (NYSE:KO) Coke, Sprite, Dasani, Minute Maid Tyson Foods (NYSE:TSN) Tyson, Jimmy Dean, Hillshire, Sara Lee Mondelez (NASDAQ:MDLZ) Oreo, Nabsico, Triscuit, Ritz, Cadbury General Mills (NYSE:GIS) Cheerios, Betty Crocker, Pillsbury Colgate-Palmolive (NYSE:CL) Colgate, Speedstick, Palmolive, Softsoap Kellogg (NYSE:K) Mini-Wheats, Pop-Tarts, Eggos Dean Foods (NYSE:DF) Dean, LandOLakes, Organic Valley Hain Celestial (NASDAQ:HAIN) Celestial Teas, Arrowhead Mills

  Data source: Company websites.

Top 10 Penny Stocks To Own Right Now: Aerosonic Corporation(AIM)

Advisors' Opinion:

• [By Shane Hupp]

  Aimia (TSE:AIM) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.67.

• [By Logan Wallace]

  Shares of Aimia Inc (TSE:AIM) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$3.54.

Top 10 Penny Stocks To Own Right Now: Orchids Paper Products Company(TIS)

Advisors' Opinion:

• [By Money Morning Staff Reports]

  After looking at last week's top-performing penny stocks, we'll show you a penny stock on the verge of jumping over 159%…

  Penny Stock Current Share Price Last Week's Gain My Size Inc. (NASDAQ: MYSZ) $1.19 60.71% Delcath Systems Inc. (OTCMKTS: DCTH) $3.21 52.38% Regional Health Properties Inc. (NYSE: RHE) $0.18 49.39% Nemaura Medical Inc. (NASDAQ: NMRD) $3.03 44.89% 3Pea International Inc. (NASDAQ: TPNL) $4.62 42.24% PLx Pharma Inc. (NASDAQ: PLXP) $4.22 34.38% Orchids Paper Products Co. (NYSE: TIS) $3.99 34.30% DelMar Pharmaceuticals Inc. (NASDAQ: DMPI) $0.74 33.41% Restoration Robotics Inc. (NASDAQ: HAIR) $3.08 32.74% Renren Inc. (NYSE: RENN) $1.69 32.61%

  Don't Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…

• [By Paul Ausick]

  Orchids Paper Products Co. (NYSEAMERICAN: TIS) dropped more than 12% Monday to set a new 52-week low of $0.70. Shares closed at $0.80 on Friday and the stock’s 52-week high is $15.47. Volume totaled around 15 million, about 60 times the daily average of around 250,000. The company had no specific news. Shares have made a massive comeback and are on track to close at $2.47, up more than 200%.

• [By Joseph Griffin]

  Orchids Paper Products (NYSEAMERICAN:TIS) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,241,555 shares, a drop of 14.0% from the August 15th total of 2,605,776 shares. Currently, 22.9% of the shares of the company are sold short. Based on an average daily volume of 967,446 shares, the short-interest ratio is presently 2.3 days.

• [By Lisa Levin]

    

  Clearside Biomedical, Inc. (NASDAQ: CLSD) shares declined 32.19 percent to close at $9.86 on Thursday. Clearside Biomedical disclosed that its Phase 2 trial of CLS-TA met primary and secondary endpoints met in 6-month trial. scPharmaceuticals Inc. (NASDAQ: SCPH) shares dipped 30.1 percent to close at $9.94 on Thursday after the FDA identified deficiencies in the company’s New Drug Application for FUROSCIX. However, the FDA letter did not specify deficiencies identified and notification does not reflect final decision on information under review. Euroseas Ltd. (NASDAQ: ESEA) fell 24.08 percent to close at $1.86. Euroseas announced completion of the spin-off of its drybulk fleet into EuroDry Ltd. Golar LNG Limited (NASDAQ: GLNG) fell 25.09 percent to close at $25.98 following Q1 results. Oragenics, Inc. (NASDAQ: OGEN) shares dropped 25 percent to close at $1.50 on Thursday. Guess', Inc. (NYSE: GES) dropped 19.44 percent to close at $19.60 following Q1 results. Cantel Medical Corp. (NYSE: CMD) dropped 15.94 percent to close at $109.09 on Thursday following FQ3 results. Fusion Connect, Inc. (NASDAQ: FSNN) shares fell 15.55 percent to close at $3.91. Build-A-Bear Workshop, Inc. (NYSE: BBW) dropped 14.44 percent to close at $8.00 after reporting Q1 results. Dollar Tree, Inc. (NASDAQ: DLTR) shares declined 14.28 percent to close at $82.59 after the company reported weaker-than-expected earnings for its first quarter and lowered its FY2018 earnings guidance. Titan Machinery Inc. (NASDAQ: TITN) dropped 13.94 percent to close at $18.09 after reporting Q1 results. Co-Diagnostics, Inc. (NASDAQ: CODX) declined 13.17 percent to close at $2.90 after declining 5.65 percent on Wednesday. Concordia International Corp. (NASDAQ: CXRX) fell 12.89 percent to close at $0.2440 after the company announced that it would be delisted from the Nasdaq. Sears Holdings Corporation (NASDAQ: SHLD) slipped 12.46 percent
• [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

Top 10 Penny Stocks To Own Right Now: SORL Auto Parts Inc.(SORL)

Advisors' Opinion:

• [By Max Byerly]

  Shares of Sorl Auto Parts, Inc. (NASDAQ:SORL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.75 and last traded at $3.81, with a volume of 6029 shares trading hands. The stock had previously closed at $4.15.

• [By Max Byerly]

  These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

  Get Innovative Industrial Properties alerts: Return on Equity (ROE) under Consideration Innovative Industrial Properties, Inc. (NYSE:IIPR), Neonode Inc … (stocksnewspoint.com) Morning Miraculous Stocks: Taseko Mines Limited (NYSE:TGB), WMIH Corp. (NASDAQ:WMIH), Innovative Industrial … (journalfinance.net) Dazzling Stocks: Innovative Industrial Properties, Inc. (NYSE:IIPR), SORL Auto Parts, Inc. (NASDAQ:SORL), ReWalk … (thestreetpoint.com) Head-To-Head Contrast: Kennedy-Wilson (KW) vs. Innovative Industrial Properties (IIPR) (americanbankingnews.com) Innovative Industrial (IIPR) versus Colliers International Group (CIGI) Financial Contrast (americanbankingnews.com)

  A number of research analysts have weighed in on the company. Zacks Investment Research raised Innovative Industrial Properties from a “sell” rating to a “hold” rating in a report on Friday, March 16th. ValuEngine raised Innovative Industrial Properties from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd.

• [By Lisa Levin]

  Shares of SORL Auto Parts, Inc. (NASDAQ: SORL) got a boost, shooting up 13 percent to $5.90 after reporting upbeat Q1 results.

  Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) shares were also up, gaining 24 percent to $27.3947 following Q3 results.

• [By Stephan Byrd]

  Icahn Enterprises LP Common Stock (NASDAQ: SORL) and Sorl Auto Parts (NASDAQ:SORL) are both multi-sector conglomerates companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends.

• [By Lisa Levin] Gainers Red Violet, Inc. (NASDAQ: RDVT) rose 75.31 percent to close at $9.94 after reporting Q1 results. Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares jumped 40.62 percent to close at $4.50 on Tuesday after reporting 2017 year-end results. MEI Pharma, Inc. (NASDAQ: MEIP) gained 34.39 percent to close at $3.40. MEDIGUS Ltd/S ADR (NASDAQ: MDGS) gained 32.74 percent to close at $1.50 in reaction to its Monday announcement of a distribution agreement. The medical device company said it reached an agreement to distribute its minimally invasive medical devices in Turkey, Azerbaijan and Georgia. Pfenex Inc. (NYSE: PFNX) surged 31.15 percent to close at $8.00 after the company announced the positive top-line PF708 study results in Osteoporosis patients that showed no imbalances in severity or incidence of adverse events. Arcadia Biosciences, Inc. (NASDAQ: RKDA) rose 21.07 percent to close at $11.09. Arcadia Biosciences reported that Albert D. Bolles, Ph.D. has joined its board of directors. Genprex, Inc. (NASDAQ: GNPX) rose 20.23 percent to close at $10.58. Turtle Beach Corporation (NASDAQ: HEAR) shares gained 17.62 percent to close at $17.82. Aptevo Therapeutics Inc. (NASDAQ: APVO) rose 17.1 percent to close at $5.82. Phoenix New Media Limited (NYSE: FENG) shares jumped 16.23 percent to close at $4.87 following Q1 earnings. Stein Mart, Inc. (NASDAQ: SMRT) rose 16.04 percent to close at $3.69. PPDAI Group Inc. (NASDAQ: PPDF) climbed 15.99 percent to close at $7.98 following Q1 results. Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.93 percent to close at $3.42. LiqTech International, Inc. (NASDAQ: LIQT) gained 15.59 percent to close at $0.5532 following Q1 results. Sophiris Bio, Inc. (NASDAQ: SPHS) gained 13.92 percent to close at $3.52 on Tuesday following Q1 results. Euroseas Ltd. (NASDAQ: ESEA) jumped 13.4 percent to close at $2.37. Iteris, Inc. (NASDAQ: ITI) shares surged 13.05 percent to close