Best Penny Stocks To Watch For 2019

On Wednesday, our Elite Opportunity Pro newsletter suggested shorting large cap department store stock Nordstrom, Inc (NYSE: JWN):

“Nordstrom’s (JWN) is one name we did well shorting back in May of this year, and although we made another attempt at shorting the stock for a minor loss from September to November, our net gain between the two ended up being about 16%. Not bad all things considered. However, we’re still convinced JWN is a stock that’s going to move substantially lower when it’s all said and done.”

“Boomers are retiring, Gen Xer’s are opting for value, and the Millennials appear to prefer more of those specialty online retailers, rather than walking into a Nordstrom’s for what used to be a class statement of sorts. And, with the Company’s lofty valuation metrics, high debt levels, and hardly exciting online retail efforts, we do see JWN inevitably becoming the likes of Sears, JC Penny and so many others…”

Best Penny Stocks To Watch For 2019: Electro Scientific Industries, Inc.(ESIO)

Advisors’ Opinion:

  • [By Max Byerly]

    Russell Investments Group Ltd. trimmed its position in shares of Electro Scientific Industries, Inc. (NASDAQ:ESIO) by 64.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,087 shares of the semiconductor company’s stock after selling 61,452 shares during the period. Russell Investments Group Ltd. owned approximately 0.10% of Electro Scientific Industries worth $542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Max Byerly]

    Media coverage about Electro Scientific Industries (NASDAQ:ESIO) has been trending positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Electro Scientific Industries earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 48.1496069802222 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Electro Scientific Industries (ESIO)

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

  • [By Max Byerly]

    Divisar Capital Management LLC lifted its holdings in Electro Scientific Industries, Inc. (NASDAQ:ESIO) by 13.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 780,167 shares of the semiconductor company’s stock after buying an additional 95,000 shares during the quarter. Electro Scientific Industries makes up about 4.0% of Divisar Capital Management LLC’s portfolio, making the stock its 11th biggest position. Divisar Capital Management LLC owned 2.29% of Electro Scientific Industries worth $12,303,000 as of its most recent SEC filing.

Best Penny Stocks To Watch For 2019: Bed Bath & Beyond Inc.(BBBY)

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Bed Bath & Beyond (BBBY)

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

  • [By Paul Ausick]

    Bed, Bath & Beyond Inc. (NASDAQ: BBBY) traded down about 25% Thursday to post a new 52-week low of $14.16 after closing Wednesday at $18.81. The stock’s 52-week high is $24.74. Volume was more than 15 times the daily average of around 3.5 million shares. The company reported weak earnings and offered a lower forecast.

  • [By Garrett Baldwin]

    Get an exclusive invitation to meet Tim before everyone else right here.

    The Top Stock Market Stories for Wednesday
    The U.S. markets are preparing for the eighth interest rate hike since 2015, and the Federal Reserve may not be done yet. Markets are weighing the possibility that the Fed may raise rates one more time this year (in December). The hikes come as the Fed is attempting to shrink its $4.5 trillion balance sheet. When Powell speaks this afternoon, expect a few questions about the impact of the trade war between the United States and China. Reporters will also likely want to know about geopolitical risks to the U.S. economy and how they might affect growth in a higher-interest-rate environment. Yesterday, U.S. President Donald Trump gave a speech before the United Nations General Assembly. During his talk, Trump praised the U.S. economy and defended his administration’s actions this year on trade. Trump said that the United States will no longer endure “abuse” from other trade partners. The U.S. Trade Representative Robert Lighthizer also said Tuesday that the U.S. is prepared to proceed on a new trade deal with Mexico without the participation of Canada. Oil prices are in focus after President Trump called out OPEC members before the U.N. on Tuesday. During his talk, Trump accused OPEC and non-OPEC participants in collusion efforts on production and prices of ripping off the rest of the world.
    Three Stocks to Watch Today: NKE, SVMK, DB
    Shares of Nike Inc. (NYSE: NKE) fell 3.5% after the sports apparel giant reported earnings after the bell. The company topped earnings expectations and reported profit growth of 15%. However, investors took some profits off the table. Shares of Nike stock are up more than 35% on the year. SVMK, the parent company of SurveyMonkey, has priced its upcoming IPO at $12 per share. That figure is above analysts’ initial range expectation of $9 to $11 per share. The firm expects to reach a market capitalization of $1.46 bil

  • [By Dan Caplinger]

    The stock market got off to a slow start to the week on Monday, with major benchmarks mostly falling. As we’ve seen repeatedly in recent months, trade concerns were at the top of the list for nervous investors, and it’s unclear to many whether the tactics that the Trump administration is using are meant to be mere negotiating levers or permanent measures with the intent of evening the playing field for international commerce. Regardless, some individual stocks had good showings despite the market’s choppiness. Bed Bath & Beyond (NASDAQ:BBBY), Frontier Communications (NASDAQ:FTR), and Neptune Technologies & Bioressources (NASDAQ:NEPT) were among the best performers on the day. Here’s why they did so well.

  • [By Leo Sun]

    That’s what happened to its lower-end rival Bed Bath & Beyond (NASDAQ:BBBY), which posted negative comps growth over the past five quarters. Here’s what comps growth has looked like for Williams-Sonoma’s four core brands over the past year.

Best Penny Stocks To Watch For 2019: Cohn & Steers Inc(CNS)

Advisors’ Opinion:

  • [By Max Byerly]

    Shares of Cohen & Steers, Inc. (NYSE:CNS) have earned a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $38.33.

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