Best Growth Stocks For 2019

Sumit Bilgaiyan

ICICI Prudential Life Insurance Company reported VNB margin of 18.9% in 4QFY18 as compared to 17.5% in 3QFY18 from 10.1% in 4QFY17 mainly on account of new ULIP products which are launched in June 2017 have higher margins and higher share of protection business.

Share of protection business increased to 5.7% in FY18 from 3.9% in FY2017. ULIP declined to 82% from 84% of total APE. Agency and corporate agents gained share from bancassurance and direct business.

Expense/APE was up 50 bps YoY to 13.5%. Solvency ratio dropped to 252% from 281% YoY. Improved operating matrix, mostly on account of better persistency led to high operating RoEV.

ICICI Pru reported a 16% dip in net profit in 4QFY18, primarily on account of higher new business strain resulting from new business growth. We have a buy rating with target of Rs 530.

Disclaimer: The author is Founder of Equity99. The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Best Growth Stocks For 2019: Eaton Vance New York Municipal Bond Fund(ENX)

Advisors’ Opinion:

  • [By Logan Wallace]

    Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 22nd will be given a dividend of 0.0448 per share on Friday, June 29th. This represents a $0.54 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend is Thursday, June 21st.

  • [By Logan Wallace]

    Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) announced a monthly dividend on Thursday, July 5th, Wall Street Journal reports. Investors of record on Tuesday, July 24th will be paid a dividend of 0.0448 per share on Tuesday, July 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Monday, July 23rd.

  • [By Joseph Griffin]

    Euronext Amsterdam (EPA:ENX) has been assigned a €51.00 ($60.71) price target by investment analysts at UBS in a note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “sell” rating on the stock. UBS’s target price would suggest a potential downside of 15.63% from the stock’s current price.

Best Growth Stocks For 2019: ASML Holding N.V.(ASML)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Royal Bank of Canada reaffirmed their buy rating on shares of ASML (NASDAQ:ASML) in a research note issued to investors on Friday morning.

    A number of other research firms have also commented on ASML. BidaskClub upgraded shares of ASML from a buy rating to a strong-buy rating in a research report on Friday, March 9th. Santander lowered shares of ASML from a buy rating to a hold rating in a research report on Monday, March 19th. Zacks Investment Research lowered shares of ASML from a strong-buy rating to a hold rating in a research report on Tuesday, March 20th. ValuEngine upgraded shares of ASML from a hold rating to a buy rating in a research report on Monday, April 2nd. Finally, Cowen began coverage on shares of ASML in a research report on Monday, May 14th. They issued a market perform rating for the company. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. ASML presently has a consensus rating of Buy and a consensus target price of $199.86.

  • [By Ethan Ryder]

    ASML (NASDAQ: ASML) and ACM Research (NASDAQ:ACMR) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, risk, institutional ownership, profitability and earnings.

  • [By Logan Wallace]

    ASML (NASDAQ: ASML) and ACM Research (NASDAQ:ACMR) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, institutional ownership, risk, analyst recommendations and profitability.

  • [By Jon C. Ogg]

    ASML Holding N.V. (NASDAQ: ASML) was down 2.6% to $197.02 on Friday morning. The stock has a 52-week trading range of $126.03 to $216.00 and a consensus analyst target price of $196.81.

  • [By Max Byerly]

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

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

Best Growth Stocks For 2019: Home BancShares, Inc.(HOMB)

Advisors’ Opinion:

  • [By Max Byerly]

    BidaskClub cut shares of Home BancShares (NASDAQ:HOMB) from a hold rating to a sell rating in a research report report published on Wednesday morning.

  • [By Stephan Byrd]

    Zeke Capital Advisors LLC purchased a new stake in shares of Home BancShares (NASDAQ:HOMB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,987 shares of the financial services provider’s stock, valued at approximately $205,000.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Home Bancshares (HOMB)

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

  • [By Logan Wallace]

    BNP Paribas Arbitrage SA cut its stake in Home Bancshares Inc (NASDAQ:HOMB) by 61.5% during the first quarter, HoldingsChannel.com reports. The fund owned 51,186 shares of the financial services provider’s stock after selling 81,923 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Home Bancshares were worth $1,168,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    BidaskClub upgraded shares of Home Bancshares (NASDAQ:HOMB) from a strong sell rating to a sell rating in a research report sent to investors on Friday morning.

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