Monthly Archives: May 2018

Best Gold Stocks To Buy For 2018

Related SBUX Kate Spade, Starbucks, Gold And Tech: Fast Money Picks For April 28 Jim Cramer Recommends Buying This $5 Stock, A Hot Retailer And More After Hours: GoPro, Square, CyberArk, FireEye, Herbalife Earnings (Investor’s Business Daily)

Scott Bauer of Trading Advantage suggested on Bloomberg Markets that traders should consider a bullish options strategy in Starbucks Corporation (NASDAQ: SBUX).

He thinks the stock is holding well at its current price level and it seems to him that it has found support. Bauer added that last two earnings results were not good, but he believes mobile payments and improvement of performance in Europe could help the stock.

Bauer wants to make a bullish bet with a purchase of the June 57.5/62.5 call spread. The trade would cost him $1 and it breaks even at $58.5 or 4 percent higher from the current stock price. If the stock jumps to $62.5 or higher at the June expiration he can maximally make a profit of $4.

Posted-In: Bloomberg Markets Scott Bauer Trading AdvantageOptions Markets Media

Best Gold Stocks To Buy For 2018: Graco Inc.(GGG)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Thursday, industrials shares fell by 0.83 percent. Meanwhile, top losers in the sector included Graco Inc. (NYSE: GGG), down 9 percent, and Southwest Airlines Co (NYSE: LUV), down 11 percent.

  • [By Joel Elconin]

    At this time, the only relevant news to the Gold market and Gold stocks was the halt of Graco Inc. (NYSE: GGG), which was down $0.80 at $84.64 and just reopened at $82.20.

Best Gold Stocks To Buy For 2018: Intellipharmaceutics International Inc.(IPCI)

Advisors’ Opinion:

  • [By Lisa Levin]

    IntelliPharmaCeutics Intl Inc (USA) (NASDAQ: IPCI) shares dropped 45 percent to $1.38 as the company disclosed that a FDA panel voted against approving the company’s NDA for Rexista™ abuse-deterrent oxycodone hydrochloride extended release tablets.

Best Gold Stocks To Buy For 2018: Cooper Companies, Inc. (COO)

Advisors’ Opinion:

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was The Cooper Companies, Inc. (NYSE: COO) which traded down 3.7% at $242.09. The stocks 52-week range is $192.24 to $260.26. Volume was nearly 1 million compared to the daily average volume of less than half a million.

Top Clean Energy Stocks To Buy Right Now

It’s important for investors to know how to invest in penny stocks safely. That’s because they’re often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We’ll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…

Video3 Strategies for Investing in Penny Stocks

If you’re looking for proof of just how explosively profitable penny stocks are, Delcath Systems Inc. (Nasdaq: DCTH) is a perfect piece of evidence. This company saw its stock price surge from $0.02 on June 1 to $0.19 on June 26. That marked a stunning 850% gain, which happened after the company announced phase 2 trial data for its cancer drug Melphalan would be released.

But these triple-digit returns aren’t always justified by the company’s profits or business potential. For instance, Chinese energy company Hongli Clean Energy Technologies Corp. (Nasdaq: CETC) saw shares jump 144% from $1.90 to $4.63 during just the first five sessions of April.

Top Clean Energy Stocks To Buy Right Now: Altura Mining Limited (ALTAF)

Advisors’ Opinion:


    The other producing lithium miners, and soon to be producers. I have discussed these previously in detail here, here and here. Needless to say, the top 3 producers are non-pure plays (SQM (NYSE:SQM), Albemarle (NYSE:ALB), and FMC Corp. (NYSE:FMC)). The top pure play currently producing miners are Orocobre (ASX:ORE) (OTCPK:OROCF), Tianqi Lithium (SHE:002466), Jiangxi Ganfeng Lithium, Galaxy Resources, Mineral Resources [ASX:MIN] (OTC:MALRF), and Neometals [ASX:NMT] (OTC:RRSSF). The near-term producers include Altura Mining [ASX:AJM] (OTCPK:ALTAF), Pilbara Minerals (ASX:PLS) (OTC:PILBF), Kidman Resources (ASX:KDR), Critical Elements, Nemaska Lithium (OTCQX:NMKEF) [TSX:NMX], Lithium Americas (OTCQX:LACDF) [TSX:LAC], Lithium X (OTCQX:LIXXF) (TSXV:LIX), Neo Lithium, and Bacanora Minerals (OTC:BCRMF) [TSXV:BCN], Advantage Lithium (OTCQB:AVLIF) [AAL], European Metals (OTCPK:MNTCF, ASX:EMH, AIM:EMH) and Pure Energy (OTCQB:PEMIF) [PE].


    The question now is more about speed of EV implementation. On the supply side, it has been great to see LAC, Pilbara Minerals (OTCPK:PILBF) and Altura Mining (OTCPK:ALTAF) get funding, but the continued issues with Albemarle’s (NYSE:ALB) LaNegra II expansion and Orocobre (OTCPK:OROCF) ramping up to Phase 1 capacity of 17,500 tonnes/year of lithium carbonate are further evidence that lithium projects take time and have considerable execution risk.

Top Clean Energy Stocks To Buy Right Now: Texas Roadhouse, Inc.(TXRH)

Advisors’ Opinion:

  • [By Demitrios Kalogeropoulos]

    As for individual stocks, Texas Roadhouse (NASDAQ:TXRH) and Garmin (NASDAQ:GRMN)made large moves following their quarterly earnings announcements.

  • [By Benzinga News Desk]

    Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link

    Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY
    USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM
    New home sales report for March will be released at 10:00 a.m. ET.
    The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET.
    The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET.
    The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
    The Treasury will auction 2-year notes at 1:00 p.m. ET.
    Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform
    Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold
    Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral
    BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market Perform

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Jon C. Ogg]

    Texas Roadhouse Inc. (NASDAQ: TXRH) was raised to Buy from Neutral at BTIG Research.

    USG Corp. (NYSE: USG) was reiterated as Hold but the price target was raised to $35 from $29 (versus a $34.23 close) at Jefferies.

  • [By Dan Caplinger]

    Steakhouse chain Texas Roadhouse (NASDAQ:TXRH) has had to deal with an extremely difficult business environment for restaurant companies, and investors know all too well how tough times can hurt major players in the industry. Last quarter, Texas Roadhouse disappointed investors with sluggish results, and the company wanted to start 2017 on a better footing.

Top Clean Energy Stocks To Buy Right Now: ABAXIS Inc.(ABAX)

Advisors’ Opinion:

Top Clean Energy Stocks To Buy Right Now: Deutsche Bank AG(DB)

Advisors’ Opinion:


    Today, Deutsche Bank (DB) pretty much signals an all-clear based on that call and says things are indeed getting better. So there are buyers all over the place.

  • [By Diane Alter]

    The New York Times first reported that Frontier Airlines is prepping for an initial public offering. The Denver, Colo.-based low-cost carrier has hired Deutsch Bank (NYSE: DB), JPMorgan Chase & Co. (NYSE: JPM), and Evercore Partners Inc. (NYSE: EVR) to handle the IPO. The airline started the process late last year when it approached a number of bankers.

  • [By ]

    Here’s everything you must know before Thursday’s opening bell:

    Facebook (FB) posted first-quarter earnings and revenue that beat analysts’ expectations. Ford (F) plans to shed most of its North American car lineup as customer preference has shifted to pickups and crossovers.  Deutsche Bank (DB) said it was planning “significant” job cuts for its global investment banking division. Investors will analyze earnings from Amazon (AMZN) and Microsoft (MSFT) .    U.S. stock futures pointed toward a modestly higher open.

    Subscribe to our Youtube Channel for extended interviews, Cramer Replays, feature content, and more!

  • [By Lisa Levin] Gainers
    Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast.
    Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading.
    Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
    Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday.
    Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading.
    Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday.
    New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results.
    Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid.
    Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading.
    Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday.
    SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year.
    Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday.
    Deutsche Bank Aktiengesellschaft (NYSE: D
  • [By Lisa Levin]

    Monday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Deutsche Bank AG (USA) (NYSE: DB) and Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE: BBVA).

  • [By ]

    Deutsche Bank AG (DB)  probably saw profit decline 34% in the first quarter, based on a FactSet survey, underscoring the troubles faced by Germany’s largest lender as new CEO Christian Sewing takes over.

Top Clean Energy Stocks To Buy Right Now: Constellium N.V.(CSTM)

Advisors’ Opinion:

  • [By Monica Gerson]

    Constellium NV (NYSE: CSTM) is estimated to report its quarterly earnings at $0.06 per share on revenue of $1.18 billion.

    Qiwi PLC (NASDAQ: QIWI) is expected to report its quarterly earnings at $13.85 per share on revenue of $2.70 billion.

  • [By Jim Robertson]

    On Monday, our Under the Radar Moversnewsletter suggested that small cap aluminum products and solutions stockConstellium NV (NYSE: CSTM) is looking like a short-term long bullish trade:

Exxon Posts Worst First-Quarter Output Since 1999; Shares Fall

For the biggest U.S. oil explorers, the first quarter was a study in contrasts: Chevron Corp. beat every analyst estimate, while larger rival Exxon Mobil Corp. fell short on both production and profit.

The performances underscore the challenges facing the two descendants of John D. Rockefeller’s sprawling 19th century empire. For Chevron, it’s about rewarding long-suffering investors who had funded costly natural gas projects in Australia for more than a decade. For Exxon, Chief Executive Officer Darren Woods is tasked with rebuilding an asset base that analysts say didn’t receive enough investment over the past 10 years.

Chevron took full advantage of crude’s rally during the period with earnings and output potentially raising the chance of share buybacks later this year, though none were announced on Friday. Exxon, meanwhile, posted its worst first-quarter production figure since the Mobil merger in 1999.

“Exxon’s strategy is at odds with what the market is currently looking for,” Mark Stoeckle, who manages $2.4 billion including Exxon and Chevron shares at Adams Express Co. in Boston. “Chevron’s a darling right now. It’s the juxtaposition of a company with high investment and little production growth with one that’s harvesting cash.”


Investors are rewarding Chevron, given their preference for immediate payback after the 2014-2016 oil price crushed returns. Meanwhile, Exxon is a long-term bet, with Woods anticipating capital expenditure swelling to more than $30 billion a year well into the next decade.

"Chevron was very, very strong on really good upstream,” Jason Gammel, a London-based analyst at Jefferies LLC, said in a phone interview. “Exxon was a bit disappointing.” The result: Exxon tumbled as much as 5.4 percent in New York, the worst intraday performance in 2 1/2 months. Chevron climbed 2 percent.

Read More:Exxon CEO Woods to Break Long-Held Practice of Quarterly SilenceForget Oil. Exxon’s Profit Can’t Even Keep Pace on ChemicalsExxon Surrenders Halliburton-Sized Chunk in Market-Value Crash

Virtually all of Exxon’s rivals posted healthy results this week, reaping the benefits of rebounding crude prices. Royal Dutch Shell Plc, Statoil ASA and Eni SpA reported their best performances since 2014, when a barrel of oil cost more than $100. Brent crude closed this year’s first quarter at $70 and has since marched toward $75.

Production surged for Exxon’s peers as well, with French giant Total SA reporting record output. The result still weren’t enough to satisfy all investors, however. Shell shares declined amid questions about its commitment to a buying back shares while Eni slipped after disclosing weak cash flow.

Sub 4-Million

As for Exxon, Woods has said it’s wise to invest now when others are reining in spending and returning cash to shareholders.

Irving, Texas-based Exxon pumped the equivalent of 3.889 million barrels a day in the quarter, the first sub-4 million figure for that time of year in almost two decades. The number was also lower than all seven estimates from analysts in a Bloomberg survey. The company’s first-quarter profit of $1.09 a share was also below analyst estimates.

Chevron, in comparison, earned $1.90 a share during the first three months of the year, well in excess of the $1.47 average of 18 estimates in a Bloomberg survey of analysts. The company also pumped more crude and natural gas than observers anticipated, Chevron said Friday in a statement, enhancing the benefits from rallying oil prices.

Cash Flow

Major oil producers in Europe, meanwhile, have posted some of their best quarterly results in years amid an oil rally driven by OPEC-led production cuts, geopolitical threats and swelling demand.

With in-built production growth from previous years’ spending, Chevron increased its dividend 3.7 percent earlier this year. But what investors are really looking for is for a resumption of its share buyback program that was suspended in 2015.

In March, CEO Mike Wirth said he’d like to do this but cautioned that board members “want to see the cash flow materialize.”


Woods, in his second year at the helm, has said buybacks rank below dividends and investments in five key long-term projects from Brazil to Papua New Guinea. Those projects are crucial to future earnings and further opportunities can be more cheaply bought as are rivals retreating, he said in March.

— With assistance by Ryan Collins, Kelly Gilblom, and Jack Kaskey

Quotes from this Article

Chico’s announces plans to sell on Amazon

Chico’s FAS, the parent company of Chico’s, White House Black Market and Soma, announced Monday it plans to sell Chico’s merchandise on Amazon.

Chico’s shares had jumped more than 4 percent in the premarket, but then retreated and were down 1 percent in the regular trading session.

The company said shoppers in mid-May will find a “select assortment” of clothing and accessories, including its athleisure line, no-iron shirts and jewelry, on Amazon. Chico’s said it could begin selling items from White House Black Market and Soma via Amazon, “as the new business channel gains traction.”

Chico’s said it will keep control of marketing, pricing and promotions for its products in this new partnership.

“Chico’s FAS will be one of the few vertically-integrated specialty retailers with Prime eligibility on,” Chico’s FAS CEO and President Shelley Broader said in a statement.

Amazon has been looking to add established clothing brands to its site, which could propel the e-commerce giant to become the No. 1 apparel retailer in the U.S. this year. It’s been working with Nike, Calvin Klein and Carter’s, to name a few, to help dismantle a sea of third-party sellers flooding the site with used or marked-down inventory.

Still, many brands worry that once they agree to sell on Amazon they will be pressured to slash prices, which would hurt profit margins.

According to Jefferies analyst Randal Konik, Chico’s has been cutting back on promotions and is keeping a tighter control on inventories. “[Merchandise] rebalancing is beginning to yield results at core Chico’s, and we see the other divisions following suit,” he said in a note to clients.

In the fourth quarter, same-store sales for Chico’s FAS fell about 5 percent, which was better than what analysts were anticipating. Inventories decreased more than 6 percent during the period, while selling, general and administrative expenses also dropped from a year earlier.

Regarding its partnership with Amazon, Chico’s said the deal is “not expected to be material” to 2018 results “given its early nature.”

Chico’s shares are up about 15 percent so far this year.

Buy LIC Housing Finance; target of Rs 620: Sharekhan

Sharekhan’s research report on LIC Housing Finance

LIC housing Finance (LICHF) posted decent operating performance for Q4FY2018. While net interest income (NII) was down marginally by 1.4% y-o-y to Rs. 1,057.9 crore, NIMs bottomed out and asset growth outlook brightened relatively. Net interest margins (NIM) for the quarter increased by 16 BPS sequentially to 2.49%, even though on a y-o-y basis, it declined by 48 BPS due to increasing competition in the housing finance space and hardening bond yields, which in turn impacted cost of funds (CoF).


The recent PLR rate hike should be positive as it will lift overall portfolio yield, support spreads.We upgrade our rating to Buy with a price target of Rs. 620.

For all recommendations report,click here

Disclaimer:The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

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Singapore Central Bank Sees Steady Growth Amid Increasing Risks

Singapore’s central bank sees “steady growth amid rising uncertainty,” holding onto projections for robust domestic and global demand in 2018 and betting that trade tensions won’t spoil the party.

The global economy will expand 4.5 percent this year, according to the Monetary Authority of Singapore’s twice-yearly review released Friday. That would match last year’s rate that was the fastest since 2011.

Singapore’s economy is set to grow “slightly above” the middle of the 1.5 percent to 3.5 percent forecast range in 2018 after 3.6 percent in 2017, according to MAS, reiterating projections made this month.

Broadly Steady

Singapore's central bank sees solid global, regional growth despite escalated trade risks

Source: Monetary Authority of Singapore

Notes: Multi-economy projections are weighted by individual shares in Singapore’s non-oil domestic exports basket. "NEA-3" includes Hong Kong, South Korea, Taiwan. *MAS sees Singapore 2018 growth "slightly above the middle of the 1.5-3.5% forecast range."

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“The direct impact from tariff actions announced thus far should be limited,” according to the report. At the same time, “a loss of confidence could quickly dampen economic growth and pose some downside risk to Singapore’s economic growth outlook.”

For now, Singapore’s exports outlook is holding up as data shows traffic at Singapore’s ports is at its strongest since at least 2010. The MAS sees the surge in electronics shipments last year being sustained. Memory chip-makers and other parts of the semiconductors industry are especially well-positioned for growth, according to the report.

The central bank repeated its view that inflation will remain in the upper half of the 1 percent to 2 percent forecast range this year. Wage growth should pick up as the labor market continues to heal, allowing for 3.5 percent growth in paychecks after 3 percent last year, the policy makers predicted.

Hot Warren Buffett Stocks To Own For 2018

Berkshire Hathaway, the conglomerate controlled by Warren Buffett, agreed Wednesday to buy a stake in the troubled Canadian mortgage lenderHome Capital Group in a $1.8 billionrescue plan.

Berkshire will pay $300.7million for a 38.4% stake of the Toronto-based company and extend a $1.5 billion line of credit.

“This investment from Berkshire not only addresses Home Capitals near-term requirements for additional liquidity and a lower-cost credit agreement, but also facilitates what the Board feels is the best available path to long-term success,” said Brenda Eprile, chair of Home Capital’s board of directors, in a statement.

In recent years, Home Capital has repeatedly missed its financial guidance amid weaker loan volumes and declining income. In March, the company also revealed that several executives and directors have received enforcement notices from the Ontario Securities Commission related to its disclosure practices and stock trades.

Hot Warren Buffett Stocks To Own For 2018: Dillard's, Inc.(DDS)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and then, along withlarge cap Macy’s, Inc (NYSE: M) and mid capDillard’s, Inc (NYSE: DDS), having large declines that may or may not have leveled offwhilesmall cap J C Penney Company Inc (NYSE: JCP) has lost most of its value:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores having two spikes while it along withlarge cap Macy’s, Inc (NYSE: M) and mid capDillard’s, Inc (NYSE: DDS) have posted large declines last year that may or may not have leveled off andsmall cap J C Penney Company Inc (NYSE: JCP) has at least stopped the bleeding:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and largely falling off since then while large cap Macy’s, Inc (NYSE: M) andsmall capDillard’s, Inc (NYSE: DDS)began falling off in 2015 andsmall cap J C Penney Company Inc (NYSE: JCP) was crushed much earlier:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and has been falling off for a longer period of time thanlarge cap Macy’s, Inc (NYSE: M) andsmall capDillard’s, Inc (NYSE: DDS)whilesmall cap J C Penney Company Inc (NYSE: JCP) was crushed much earlier:

Hot Warren Buffett Stocks To Own For 2018: Acxiom Corporation(ACXM)

Advisors’ Opinion:

  • [By Paul Ausick]

    Acxiom Corp. (NASDAQ: ACXM) traded down more than 33% Thursday and posted a new 52-week low of $18.60 after closing Wednesday at $28.05. The stock’s 52-week high is $32.93. Volume was about 25 times the daily average of around 600,000 shares. The company is being hammered after social media giant Facebook said it would change its relationship with data brokers.

Hot Warren Buffett Stocks To Own For 2018: Manitex International Inc.(MNTX)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Thursday, industrial shares fell by 0.08 percent. Meanwhile, top losers in the sector included Accenture Plc (NYSE: ACN), down 4 percent, and Manitex International Inc (NASDAQ: MNTX), down 4 percent.

Hot Warren Buffett Stocks To Own For 2018: Eastman Kodak Company(KODK)

Advisors’ Opinion:

  • [By ]

    Eastman Kodak Co. (NYSE:KODK) surprised investors earlier this month when the company announced it was planning to launch its own cryptocurrency.

    Speculators quickly scooped up Kodaks languishing stock on the news, sending shares from $3 to more than $13 in just two trading days.

  • [By Lee Jackson]

    Another famous American company caught a seller last week. Eastman Kodak Co.(NYSE: KODK) had a 10% owner selling shares. Blue Mountain Capital sold a total of 1,353,653 shares, and prices ranged from $11.54 to $11.75 a share. The total for the sale was set at $16 million. The shares closed Friday at $11.50, in a 52 week range of $10 to $17.30. There was no consensus target as the stock is not followed on Wall Street.

  • [By William Patalon III]

    The first trade spat that I covered during my newspaper days was one back in the mid-1990s that pitted Eastman Kodak Co. (NYSE: KODK) against Fujifilm Holdings Corp. (OTC ADR: FUJIY).

  • [By ]

    Even Kodak (NYSE: KODK) is on the blockchain bandwagon.

    Shares of the print and film company spiked more than 328% in the two-day period ending January 10, 2018.

  • [By William Patalon III]

    One of those analysts was a gent named Michael W. Ellmann, a onetime Shakespearian literature professor who’d become a securities analyst for Wertheim Schroder & Co. in New York. Michael was covering Eastman Kodak Co. (NYSE: KODK) for Schroder when I took over the Kodak beat for Gannett Newspapers, and we became fast friends.

Hot Warren Buffett Stocks To Own For 2018: AMTEK, Inc.(AME)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Flexing the barbell strategy to balance Safe Havens with more cyclical exposures. In our view, industrials investors should be positioning their portfolio with a barbell strategy, with half of the exposure in Safe Havens like General Electric, Xylem (XYL), Danaher, Honeywell International, Roper Technologies (ROP), and AMETEK (AME), and the other half selectively in the cyclical names that are better positioned today, such as Pentair, HD Supply Holdings (HDS),Actuant (ATU), Atkore International Group (ATKR), Ingersoll-Rand, and Eaton (ETN). We still believe risk-reward is mostly balanced and that the macro will remain choppy into 2017, supporting a positioning in the defensive names. But if investor sentiment improves on not-worse news and earnings results, the more cyclical names could fare better.

Hot Warren Buffett Stocks To Own For 2018: Connecticut Water Service, Inc.(CTWS)

Advisors’ Opinion:

  • [By Lisa Levin]

    Friday afternoon, utilities shares gained 0.14 percent. Meanwhile, top gainers in the sector included Artesian Resources Corporation (NASDAQ: ARTNA), and Connecticut Water Service Inc (NASDAQ: CTWS).

Apple’s plan to repatriate $285 billion in cash could be big boost for shares

Every announcement Apple makes is a big one, but Tuesday’s quarterly results may be the company’s most closely watched event in years. CEO Tim Cook won’t be revealing a new iPhone, but it’s likely he will shed some light on how the business plans to bring the $285 billion it’s holding overseas back into America.

Ever since President Donald Trump revealed in December that he would reduce the tax hit on money repatriated into America from a 35 percent tax rate to 15.5 percent on profits in cash and other liquid assets all eyes have been on Apple, which has the biggest overseas bank account out of any S&P 500 company. It is Apple’s No. 1 priority, according to senior vice president and CFO Luca Maestri, who noted that if the tax rate was lowered, it would give the company “flexibility around its capital return activities” last year at a Goldman Sachs investor conference.

That money, which is mostly held in short-term U.S. bonds and money market funds, was kept in Ireland for years, until an investigation by the European Union into whether the company failed to pay taxes caused it to move its holdings to Jersey, a small island off the coast of Normandy that rarely taxes corporations. (Apple owes Ireland $15.4 billion in unpaid taxes and has implemented a plan to make the payments but continues to appeal the EU decision.)

Investors have been waiting patiently since December’s tax plan came out to find out exactly how the company plans to move its money from Europe into America and what it will do with those funds once they arrive back home.

“This is a very big deal to long-term investors, as cash has been hoarded by Apple on the balance sheet for the past decade,” said Angelo Zino, a senior industry analyst with CFRA Research. “I think everyone is awaiting details on this call to better grasp its cash usage strategy.”

'A drop in the bucket'

While many details are still to be determined, investors already know a few things about Apple’s plans and how this might play out. First, Apple is expected to pay about $38 billion in taxes when it brings its money onshore, but it won’t pay it all at once.

Instead, it will pay the taxman back over eight years, with 8 percent being paid per year over the next five years and the rest, about 60 percent of its tax owing, being paid in the final three years. This ensures that the impact on Apple will be virtually nil, as it produces about $60 billion in free cash flow every year.

“It’s a drop in the bucket,” Zino said.

It’s also likely that Apple will use its repatriated funds to buy back shares and raise its dividend. According to Shawn Harrison, an analyst at Longbow Research, Apple currently pays out 26 percent of its free cash flow, far below the 43 percent average that its large-cap tech peers pay out.

He thinks Apple will increase its dividend, but he’ll be watching on Tuesday to see if the company says anything about the pace of those dividend increases.

“That’s the question,” Harrison said. “If Apple wants to be aggressive, they can double their dividend over a very short time frame, which could then help deliver a potentially high single-digit total return. But it all depends on the aggressiveness of the program.”

It’s also almost a sure bet that the company will start buying back even more of its shares. It’s already purchased 22 percent of its outstanding shares since 2012, but Zino thinks it could buy back $150 billion more. As well, the company said that it would spend $30 billion on capital expenditures in the United States over the next five years and hire 20,000 more people.

Indeed, on the company’s last earnings call, CFO Luca Maestri said that it will continue returning as much as it can to shareholders.

“If Apple wants to be aggressive, they can double their dividend over a very short time frame, which could then help deliver a potentially high single-digit total return.” -Shawn Harrison, analyst at Longbow Research

“When you look at our track record of what we’ve done over the last several years, you’ve seen that effectively we were returning to our investors essentially about 100 percent of our free cash flow. And so that is the approach that we’re gonna be taking,” he said.

The information technology sector as a whole announced $118.8 million in buybacks in 2017, while just 25 percent of tech companies have repurchased shares so far this quarter, according to S&P Capital IQ.

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Mnuchin: President-elect Trump thinks we'll repatriate $3 trillion

Mnuchin: President-elect Trump thinks we'll repatriate $3 trillion    1:37 PM ET Thu, 19 Jan 2017 | 06:07

In any case, it’s going to do something with all its money, though it may not spend every dime. Apple has said it wants to get its net cash position to zero, which means it’s going to spend its money, except for what it needs to pay off its debt. And the company is $122 billion in debt, largely because it couldn’t use the money it had in Jersey to fund dividends and buybacks.

Apple, though, pays ultra-low rates on its debt, which means it’s in no rush to pay it back, Zino said. So it will likely spend $163 billion its cash and money market holdings minus its debt and then keep the rest in U.S. bonds.

A win for shareholders

When it comes to moving assets out of Jersey and into the United States, the switch should be painless, said Mitchell Goldberg, president of ClientFirst Strategy, a Melville, New York-based wealth management firm. It will likely just transfer assets from one account to another, similar to how anyone might switch bank accounts.

It’s too early to say if anyone will be negatively impacted by the money move, other than the bank in Jersey, which will now have less dollars in its account, but it’s likely business will continue as usual, Goldberg said. Any investments the company might have overseas will still receive funding, while operations in the United States will operate as is, too.

“It doesn’t really change anything,” Goldberg said. “Except the U.S. government will have some extra money to help it with budgeting, and Apple will have a little less money.”

The clear winner in this is shareholders. Since January, Apple’s stock has fallen by 5 percent, and it’s only up 23 percent over the last three years two percentage points lower than the S&P 500. There’s an increasing concern that iPhone demand is slowing, and the iPhone X is expected to sell 14 million units in the current quarter, down from an estimated 29 million from the quarter before.

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Buybacks and dividends should help boost returns Morningstar has a $170 price target on the stock; it’s trading at $163 today. With Apple’s valuation at 13.55 times earnings, down 9.75 percent year-to-date, according to S&P Capital IQ, a case can be made to view the stock as a buy.

Goldberg, though, says to wait until Tuesday’s announcement. If it reveals better-than-expected results and a clear idea on how Apple plans to spend its money, then investors can buy the stock with greater confidence. If it has a worse quarter than expected, then people will be able to get in at an even steeper discount.

“There are so many balls in the air right now, and that’s creating a very uncertain environment,” he said. “Wait to see what they say about all of this before making up your mind.”

WATCH: McCarthy says we need to repatriate trillions of tax dollars

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Kevin McCarthy: We need to repatriate trillions of tax dollars

Rep. Kevin McCarthy: We need to repatriate trillions of tax dollars    8:45 AM ET Thu, 14 Sept 2017 | 02:11

Top 10 Medical Stocks For 2018

&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41813407&q; src=&q;×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Employees inspect and sort marijuana buds for packaging at the Canopy Growth Corp. facility in Smith Falls, Ontario, Canada, on Tuesday, Dec. 19, 2017. Canadian medical marijuana is setting the stage to go global. The country&s;s emerging legal producers have a chance to seize opportunities in other countries that could make them worldwide leaders, according to Canopy Growth Corp. Chief Executive Officer Bruce Linton. Photographer: Chris Roussakis/Bloomberg

I have been following the publicly-traded cannabis stocks for over five years now, and one of the most interesting developments has been the recent introduction of mutual funds and exchange-traded funds (ETFs) focusing on the sector. Many investors prefer buying a fund over picking individual stocks, as a fund offers diversification and allows the investor to save the time and effort required to select individual securities. These benefits come with the cost of the management fee, which&a;nbsp;is not inconsequential and can eat into the returns over time.

Top 10 Medical Stocks For 2018: Facebook, Inc.(FB)

Advisors’ Opinion:


    Many people have become frightened by AI’s range of possibilities — and not just because tech’s frightful five (Alphabet Inc. (GOOGL) , Facebook Inc. (FB) , Inc. (AMZN) , Microsoft Inc. (MSFT) and Apple Inc. (AAPL) ) became early adopters of AI. Tesla (TSLA) CEO Elon Musk, who dabbles in other, equally scary technology like self-driving cars has been one of AI’s staunchest critics, calling it an existential threat to the human race. 

  • [By Adam Levy]

    Facebook (NASDAQ:FB) doesn’t disclose how much revenue Instagram generates, but if the numbers it does provide are any indication, it’s a lot. Most recently, the company announced it surpassed 1 million active advertisers. That’s up from 500,000 just six months ago and 200,000 around this time last year.

  • [By Money Morning News Team]

    “Make no mistake,” Robinson said, “each member of the FAANG-Plus group is a great company. We’re talking Facebook Inc. (Nasdaq: FB), Inc. (Nasdaq: AMZN), Netflix Inc. (Nasdaq: NFLX), and Alphabet Inc. (Nasdaq: GOOGL) – plus Apple Inc. (Nasdaq: AAPL).”

  • [By Chris Dier-Scalise]

    Other popular stocks for TD Ameritrade investors according to the May IMX were powerhouse tech companies that had solid quarterly earnings:

    Facebook Inc (NASDAQ: FB), which beat on both EPS and revenue estimates and also grew its monthly active users by 18 percent year-over-year to nearly 2 billion;
    Apple Inc. (NASDAQ: AAPL), which had a decent report but also reached a quarter of a trillion dollars in cash reserves.

    One outlier among the high value tech stocks that investors flocked to during the last month was Advanced Micro Dynamics, Inc. (NASDAQ: AMD), which posted average EPS and revenue compared to estimates and similar semiconductor companies. However, TD Ameritrade investors were still mostly bullish on the company, which received some attention on ultimately unfounded rumors of a partnership with Intel Corporation (NASDAQ: INTC).

  • [By Chris Lange]

    Facebook Inc. (NASDAQ: FB) had its short interest increase to 32.08 million shares from the previous 29.90 million. Shares were last seen trading at $159.69, within a 52-week range of $144.42 to $195.32.

Top 10 Medical Stocks For 2018: Long Island Iced Tea Corp. (LTEA)

Advisors’ Opinion:

  • [By Garrett Baldwin]

    William may be right about a sell-off in stocks… in the cryptocurrency space. Over the last week, companies that have billed themselves as blockchain-focused saw their stocks surge. One firm – Long Island Iced Tea changed its name to Long Island Blockchain and watched its stock surge more than triple digits. But today, firms with this exposure are cratering. MGT Capital Investments Inc. (OTCMKTS: MGTI), Long Island Iced Tea Corp. (Nasdaq: LTEA), Riot Blockchain Inc. (Nasdaq: RIOT), and Siebert Financial Corp. (Nasdaq: SIEB) all fell by more than 12% Friday.

  • [By ]

    Long Island Ice Tea changed its name to Long Blockchain (Nasdaq: LTEA), sending shares 200% higher. It remains to be seen how a beverage maker will create shareholder value from blockchain technology — not that its investors care.

  • [By ]

    5. Blockchain-Related Stocks
    Shorting blockchain-related stocks is an ideal way to not only short bitcoin but also short the entire cryptocurrency craze. Many such stocks exist, such as Riot Blockchain (Nasdaq: RIOT), Long Blockchain (Nasdaq: LTEA), and Longfin (Nasdaq: LFIN). Choose the one that you think is most overhyped and short away!

Top 10 Medical Stocks For 2018: CYREN Ltd.(CYRN)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Cyren Ltd (NASDAQ: CYRN) got a boost, shooting up 41 percent to $2.33 after the company reported a strategic investment from Warburg Pincus Funds.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Tyson Foods, Inc. (NYSE: TSN) is expected to report quarterly earnings at $1.38 per share on revenue of $9.86 billion.
    Aecom (NYSE: ACM) is projected to report quarterly earnings at $0.71 per share on revenue of $4.67 billion.
    JD.Com Inc(ADR) (NASDAQ: JD) is estimated to report quarterly earnings at $0.11 per share on revenue of $12.60 billion. Inc (ADR) (NYSE: WUBA) is projected to report quarterly earnings at $0.28 per share on revenue of $383.60 million.
    Kamada Ltd (NASDAQ: KMDA) is expected to report quarterly earnings at $0.02 per share on revenue of $25.00 million.
    Palatin Technologies, Inc. (NYSE: PTN) is projected to report quarterly earnings at $0.06 per share on revenue of $28.00 million.
    TheStreet, Inc. (NASDAQ: TST) is estimated to report a quarterly loss at $0.02 per share on revenue of $15.81 million.
    Atlantica Yield PLC (NASDAQ: ABY) is projected to report quarterly earnings at $0.45 per share on revenue of $290.80 million.
    Asure Software Inc (NASDAQ: ASUR) is estimated to report quarterly earnings at $0.15 per share on revenue of $15.26 million.
    Cyren Ltd (NASDAQ: CYRN) is expected to report quarterly loss at $0.06 per share on revenue of $7.90 million.
    Viewray Inc (NASDAQ: VRAY) is estimated to report quarterly loss at $0.12 per share on revenue of $18.58 million.


Top 10 Medical Stocks For 2018: Hawaiian Holdings, Inc.(HA)

Advisors’ Opinion:

  • [By Adam Levine-Weinberg]

    While most of its fellow airline stocks were grounded last year, Hawaiian Holdings (NASDAQ:HA) soared to new heights. Shares of Hawaiian Airlines’ parent company rose 61% during 2016, according to data from S&P Global Market Intelligence.

  • [By Adam Levine-Weinberg]

    Not surprisingly, shares of Hawaii-focused airline company Hawaiian Holdings (NASDAQ:HA) fell last Wednesday, following Kelly’s comments about Southwest Airlines expanding to Hawaii. However, while Southwest’s entry into the Hawaii market could cause some short-term disruption, it isn’t likely to hurt Hawaiian Airlines’ positioning in the long run.

  • [By Adam Levine-Weinberg]

    Investors had high expectations for Southwest Airlines (NYSE:LUV) and Hawaiian Holdings (NASDAQ:HA) leading up to their earnings reports last week. Between late June 2016 and mid-January, shares of Hawaiian Holdings climbed 50%. Southwest Airlines stock was close behind, with a gain of more than 35% over that period.

Top 10 Medical Stocks For 2018: region(XIV)

Advisors’ Opinion:

  • [By Money Morning News Team]

    This led some traders to purchase leveraged ETFs that move inverse to the VIX, like theVelocityShares Daily Inv VIX Short Term(Nasdaq: XIV).

    The VIX is a derivative of the broad S&P 500, and the XIV is a derivative of that derivative.

Top 10 Medical Stocks For 2018: Ducommun Incorporated(DCO)

Advisors’ Opinion:

  • [By Lee Jackson]

    These companies also reported insider buying last week: Cidara Therapeutics Inc. (NASDAQ: CDTX), Ducommun Inc. (NYSE: DCO), HealthEquity Inc. (NASDAQ: HQY), Panhandle Oil and Gas Inc. (NYSE: PHX) and PolarityTE Inc. (NASDAQ: COOL).

  • [By Lee Jackson]

    These companies also reported insider buying last week: Armour Residential REIT Inc. (NYSE: ARR), Ducommun Inc. (NYSE: DCO), PJT Partners Inc. (NYSE; PJT), Sonic Automotive Inc. (NYSE: SAH)and Tandy Leather Factory Inc. (NASDAQ: TLF).

Top 10 Medical Stocks For 2018: First NBC Bank Holding Company(FNBC)

Advisors’ Opinion:

  • [By Lisa Levin]

    First NBC Bank Holding Company (NASDAQ: FNBC) shares dropped 91 percent to $0.250. First NBC Bank was closed by the Louisiana Office of Financial Institutions.

  • [By Ben Levisohn]

    The twenty stocks in Worth’s basket are: Ameriprise Financial (AMP) Bank of America, Banner (BANR), Citigroup, Citizens Financial Group (CFG), East West Bancorp (EWBC), First NBC Bank Holding (FNBC), HFF (HF), KeyCorp(KEY), Legacy Texas Financial Group (LTXB), Lincoln National (LNC), Morgan Stanley, Old National Bancorp (ONB), PacWest Bancorp (PACW), PNC Financial Services Group (PNC), Principal Financial Group (PFG), Stifel Financial (SF), SVB Financial Group (SIVB), TCF Financial (TCB), and Wells Fargo.

Top 10 Medical Stocks For 2018: Senior Housing Properties Trust(SNH)

Advisors’ Opinion:

  • [By Matthew Frankel]

    Healthcare real estate is just as defensive of an investment as net-lease retail, and has even more growth potential in the years ahead. One beaten-down healthcare REIT that I have my eye on in 2017 is Senior Housing Properties Trust (NASDAQ:SNH).

Top 10 Medical Stocks For 2018: Six Flags Entertainment Corporation New(SIX)

Advisors’ Opinion:


    That’s not to say the consumer never leaves the house, but when they do, they shop for their homes at Home Depot (HD) and Home Goods, the TJX Stores (TJX) chain that’s knocking it out of the park. The consumer is also visiting theme parks like Six Flags (SIX) and Walt Disney (DIS) and they’re also going on Carnival Cruises (CCL) .

  • [By Lisa Levin] Gainers
    Daré Bioscience, Inc. (NASDAQ: DARE) shares climbed 54.2 percent to $1.25 on news that the company entered into worldwide license agreement for Juniper Pharmaceuticals' intravaginal ring technology platform.
    Travelzoo (NASDAQ: TZOO) climbed 21.3 percent to $9.40 following strong Q1 results.
    Intrepid Potash, Inc. (NYSE: IPI) gained 16.5 percent to $4.60.
    K12 Inc. (NYSE: LRN) shares rose 11.2 percent to $15.4206 following Q3 results.
    Chicago Bridge & Iron Company N.V. (NYSE: CBI) shares rose 11 percent to $15.3289. McDermott issued a release reiterating rejection of Subsea 7's offer.
    Six Flags Entertainment Corporation (NYSE: SIX) shares gained 9.2 percent to $64.61 as the company posted a narrower-than-expected loss for its first quarter.
    Tupperware Brands Corporation (NYSE: TUP) surged 8.5 percent to $46.00 as the company posted in-line quarterly earnings.
    Carlisle Companies Incorporated (NYSE: CSL) climbed 7.5 percent to $107.22 after reporting Q1 results.
    Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) rose 6.1 percent to $14.78. B. Riley initiated coverage on Allena Pharmaceuticals with a Buy rating.
    Texas Instruments Incorporated (NASDAQ: TXN) rose 4.6 percent to $102.90 after the company reported stronger-than-expected earnings for its first quarter on Tuesday.
    Credit Suisse Group AG (NYSE: CS) rose 4.5 percent to $17.03 following strong Q1 results.
    STMicroelectronics N.V. (NYSE: STM) rose 4.2 percent to $22.20 after reporting Q1 results.

    Check out these big penny stock gainers and losers

  • [By Lisa Levin]

    Six Flags Entertainment Corporation (NYSE: SIX) shares were also up, gaining 9 percent to $64.54 as the company posted a narrower-than-expected loss for its first quarter.

  • [By ]

    For his “Executive Decision” segment, Cramer sat down with Jim Reid-Anderson, chairman, president and CEO of Six Flags (SIX) , the theme park operator that just posted a 74-cents-a-share loss, compared to estimates for a loss of 79 cents. Shares rallied 5.6% on the news.


    In the Lightning Round, Cramer was bullish on Cara Therapeutics (CARA) , Verizon (VZ) , Radius Health (RDUS) and Six Flags (SIX) .

    Cramer was bearish on Hertz Global Holdings (HTZ) , General Motors (GM) , Pandora Media (P) , Cedar Fair (FUN) , Quotient Technology (QUOT) and Rite Aid (RAD) .

Top 10 Medical Stocks For 2018: (VIAB)

Advisors’ Opinion:


    To be sure, there are differences between all these new offerings both on price and channel selection, as well as functions for binge-watching and recording live shows. Google’s YouTube TV won’t include networks owned by Time Warner, Viacom (VIAB) and AMC Networks (AMCX) , but it will offer a DVR service that saves programs for nine months. Play Station Vue offers lots of digital video games, which plays into a large part of Sony’s business.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Viacom, Inc. (NASDAQ: VIAB) which rose about 7% to $32.71. The stocks 52-week range is $22.13 to $46.72. Volume was about 11 million compared to the daily average volume of roughly 5.8 million.

  • [By Douglas A. McIntyre]

    Shari Redstone, the daughter of Sumner Redstone who controls CBS Corp. (NYSE: CBS) and Viacom Inc. (NYSE: VIAB), wants to merge the two companies, according to The Wall Street Journal.

  • [By Garrett Baldwin]

    This morning, President Trump suggested that the United States is considering strong military action in response to recent chemical attacks carried out on civilians by the Syrian government. The president promised to send “nice and new and ‘smart'” missiles to Syria and accused the Russian government of partnering with a “Gas Killing Animal who kills his people and enjoys it!” The president’s remarks are a significant departure from comments made last week, which suggested that the United States would be pulling out of Syria in the coming months. Trump’s threat of war over a recent chemical attack in Syria drove crude oil and gold prices higher. Geopolitical worries often offer a boost to commodity prices due to concerns about supply. Trump’s threat comes at a time that markets are already concerned about a significant military conflict in the Middle East between Saudi Arabia and Iran. WTI crude prices added 0.9% to hit $66.10 per barrel. Brent crude pushed to $71.10 per barrel. Gold price topped $1,350 per ounce and are poised for bigger gains. According to Axios, U.S. Speaker of the House Paul Ryan (R-WI) has privately told friends that he will not seek reelection in the fall. The news comes at a perilous time for Republicans, who are expected to lose the House of Representatives and potentially the Senate. Axios was the first to report the news. The story is also notable because Ryan recently achieved his long-time goal of passing tax reform in late 2017.
    Four Stocks to Watch Today: FB, FOXA, CBS
    Shares of Twenty-First Century Fox Inc.(NYSE: FOXA) fell in pre-market hours on news that investigators from the European Commission raided the firm’s London office yesterday. Reports indicate that investigators are trying to keep their goals confidential. However, there has been a lot of scrutiny over Rupert Murdoch’s goal to purchase rival Sky in recent months. British authorities have argued that this deal would not be in the public’s best interest. Accor

  • [By Lisa Levin] Companies Reporting Before The Bell
    Thermo Fisher Scientific Inc. (NYSE: TMO) is projected to report quarterly earnings at $2.4 per share on revenue of $5.63 billion.
    Ford Motor Company (NYSE: F) is expected to report quarterly earnings at $0.41 per share on revenue of $37.16 billion.
    Twitter, Inc. (NYSE: TWTR) is projected to report quarterly earnings at $0.11 per share on revenue of $605.26 million.
    Comcast Corporation (NASDAQ: CMCSA) is expected to report quarterly earnings at $0.59 per share on revenue of $22.75 billion.
    General Dynamics Corporation (NYSE: GD) is estimated to report quarterly earnings at $2.52 per share on revenue of $7.6 billion.
    The Boeing Company (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion.
    Anthem, Inc. (NYSE: ANTM) is estimated to report quarterly earnings at $4.91 per share on revenue of $22.52 billion.
    Viacom, Inc. (NASDAQ: VIAB) is projected to report quarterly earnings at $0.79 per share on revenue of $3.04 billion.
    Northrop Grumman Corporation (NYSE: NOC) is estimated to report quarterly earnings at $3.61 per share on revenue of $6.61 billion.
    Rockwell Automation Inc. (NYSE: ROK) is expected to report quarterly earnings at $1.81 per share on revenue of $1.66 billion.
    Wipro Limited (NYSE: WIT) is projected to report quarterly earnings at $0.07 per share on revenue of $2.15 billion.
    The Goodyear Tire & Rubber Company (NASDAQ: GT) is expected to report quarterly earnings at $0.46 per share on revenue of $3.82 billion.
    Owens Corning (NYSE: OC) is projected to report quarterly earnings at $0.97 per share on revenue of $1.62 billion.
    T. Rowe Price Group, Inc. (NASDAQ: TROW) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.29 billion.
    Dr Pepper Snapple Group, Inc. (NYSE: DPS) is expected to report quarterly earnings at $1.04 per share on revenue of $1.57 billion.
    Sirius XM Holdings Inc. (NASDAQ: SI

Pound’s Setback Means Cheap U.K. Stocks May Get Some Love Again

With upward pressure on the pound abating, investors may find more to like in U.K. stocks.

For much of this year, currency appreciation — a drag on the overseas earnings of global stocks that dominate the FTSE 100 Index — has overshadowed the gauge. That burden eased on Friday as the government reported first-quarter growth figures that missed estimates, weakening the case for a rate increase. The pound dropped the most in almost six months, while the FTSE 100 jumped to the highest since the beginning of February.

Beyond the currency fog, there’s much to like in U.K. stocks, according to a growing number of equities analysts. To begin with, a local market called “unloved and de-rated” by Citigroup Inc. is cheap by historical standards, with the highest dividend yield across all major benchmarks. Forecasts for dividends per share in the coming year are also near the highest since 2005, according to estimates compiled by Bloomberg.

Unloved and De-rated

The U.K. has the highest dividend yield among the world's largest stock markets

Source: Bloomberg data

.chart-js { display: none; }

Second, the U.K. is a defensive market that tends to do well when the region’s economic momentum is slowing, which is now the case, Deutsche Bank AG strategists led by Tom Pearce wrote in a note, upgrading the U.K. to overweight from benchmark.


And thirdly, oil prices should support the energy sector, which makes up about 16 percent of the U.K. market by value, according to Credit Suisse Group AG. Brent crude has gained 12 percent this year to trade near the highest since late 2014 amid rising geopolitical tensions and OPEC-coordinated production cuts. Yet this seems to have decoupled from the U.K. stock market, analysts led by Andrew Garthwaite wrote, also upgrading the country to overweight.

Of course, there’s the Brexit discount. With debate raging over remaining in the customs union and avoiding a hard border with the Republic of Ireland, there’s a deal of uncertainty over how the U.K. economy will transition after leaving the European Union. Still, as the Credit Suisse analysts point out, at least the risk of a hard Brexit is now much lower, thanks to a transition agreement reached that will last through 2020.

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