Hot Performing Stocks To Own Right Now

Source: ThinkstockMay 4, 2018: The S&P 500 closed up 1.3% at 2,663.44. The DJIA closed up 1.4% at 24,262.51. Separately, the Nasdaq was up 1.7% at 7,209.62.

Friday was an incredible day for the broad U.S. markets after a week of sliding. All the indexes initially started out lowered, but as the session went on positive momentum kept building to put the markets close to even for the week. Some analysts are attributing this in part to the just right or Goldilocks unemployment report that came out Friday morning. Others are saying Warren Buffett’s announcement of buying more Apple is another driver. Crude oil made another incredible gain in the session and is nearly at $70. The S&P 500 sectors were entirely positive. The most positive sectors were technology, consumer staples, and consumer discretionary up 1.8%, 1.4% and 1.2%, respectively. The worst performing sector was energy, which was up only 0.3%.

Hot Performing Stocks To Own Right Now: Zions Bancorporation(ZION)

Advisors’ Opinion:

  • [By Max Byerly]

    BidaskClub cut shares of Zions Bancorp (NASDAQ:ZION) from a buy rating to a hold rating in a report published on Tuesday.

    Several other research firms also recently issued reports on ZION. Sandler O’Neill restated a buy rating and issued a $62.00 price target on shares of Zions Bancorp in a research note on Friday, March 9th. UBS Group upgraded Zions Bancorp from a market perform rating to an outperform rating in a research note on Thursday, March 15th. Barclays upped their target price on Zions Bancorp from $59.00 to $61.00 and gave the company an overweight rating in a research report on Tuesday, April 24th. Piper Jaffray Companies reiterated a hold rating on shares of Zions Bancorp in a research report on Tuesday, March 6th. Finally, BMO Capital Markets cut their target price on Zions Bancorp from $60.00 to $57.00 and set a market perform rating for the company in a research report on Tuesday, April 24th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of $58.29.

  • [By Shane Hupp]

    Shares of Zions Bancorp (NASDAQ:ZION) have been assigned a consensus rating of “Buy” from the twenty-two ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $58.84.

  • [By ]

    This Utah-based bank is out with its results on April 23. And ahead of this all-important date, top Vining Sparks analyst Marty Mosby has upgraded Zions (ZION) from ‘Buy’ to ‘Strong Buy.’ He writes” “We believe that Zions should be able to generate stronger revenue per share growth than the market currently anticipates, as it should benefit from both rising interest rates and their respective strategic initiatives.”

  • [By Logan Wallace]

    Asset Management One Co. Ltd. raised its holdings in Zions Bancorp (NASDAQ:ZION) by 8.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 372,332 shares of the bank’s stock after purchasing an additional 29,798 shares during the quarter. Asset Management One Co. Ltd. owned 0.19% of Zions Bancorp worth $19,633,000 at the end of the most recent reporting period.

  • [By Stephan Byrd]

    Cambridge Financial Group Inc. cut its holdings in Zions Bancorp (NASDAQ:ZION) by 8.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,328 shares of the bank’s stock after selling 11,373 shares during the period. Zions Bancorp makes up 3.6% of Cambridge Financial Group Inc.’s portfolio, making the stock its 6th largest position. Cambridge Financial Group Inc.’s holdings in Zions Bancorp were worth $6,714,000 as of its most recent SEC filing.

  • [By Matthew Frankel, Jordan Wathen, and Dan Caplinger]

    The financial sector has been one of the market’s top performers over the past couple of years, but that doesn’t mean there aren’t still great long-term investments to be found. Here’s why three Motley Fool investors think Goldman Sachs (NYSE:GS), JPMorgan Chase (NYSE:JPM), and Zions Bancorporation (NASDAQ:ZION) could be excellent additions to your portfolio in June.

Hot Performing Stocks To Own Right Now: MGIC Investment Corporation(MTG)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Monday was a positive day on Wall Street, as major benchmarks jumped following an uneventful weekend, tapering their gains as the session came to a close. Some had feared that China might retaliate once again after the U.S. issued a second round of tariffs against the nation with the world’s second-largest economy, but the expected fireworks didn’t come, putting market participants more at ease. The beginning of earnings season in the next week will also distract investors from geopolitical issues, perhaps allowing indexes to climb further. Yet some individual stocks had difficulties that sent their shares lower. Yandex (NASDAQ:YNDX), Menlo Therapeutics (NASDAQ:MNLO), and MGIC Investment (NYSE:MTG) were among the worst performers on the day. Here’s why they did so poorly.

  • [By Ethan Ryder]

    Headlines about MGIC Investment (NYSE:MTG) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MGIC Investment earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.9053330399122 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

  • [By Paul Ausick]

    MGIC Investment Corp. (NYSE: MTG) traded down about 5.2% Tuesday to post a new 52-week low of $10.07 after closing Monday at $10.62. The stock’s 52-week high is $16.21. Volume was more than three times the daily average of around 3.6 million shares. The company had no specific news Tuesday. About half an hour before the closing bell the stock traded up about 2% for the day.

  • [By Paul Ausick]

    MGIC Investment Corp. (NYSE: MTG) traded down about 6.5% Wednesday to post a new 52-week low of $10.07 after closing Tuesday at $10.77. The stock’s 52-week high is $16.21. Volume was more than double the daily average of around 4.2 million shares. The company reported uninspiring first-quarter results this morning.

  • [By Joseph Griffin]

    News articles about MGIC Investment (NYSE:MTG) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MGIC Investment earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 45.4136127704926 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Hot Performing Stocks To Own Right Now: Retail Opportunity Investments Corp.(ROIC)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Retail Opportunity Investments (ROIC)

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

  • [By Ethan Ryder]

    State of Tennessee Treasury Department decreased its position in shares of Retail Opportunity Investments Corp (NASDAQ:ROIC) by 9.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,726 shares of the real estate investment trust’s stock after selling 8,268 shares during the quarter. State of Tennessee Treasury Department owned approximately 0.07% of Retail Opportunity Investments worth $1,391,000 at the end of the most recent reporting period.

  • [By Steve Symington]

    Retail Opportunity Investments Corp.(NASDAQ:ROIC)announced in-line first-quarter results late Wednesday, underpinned by strong portfolio lease rates, steady growth in base rents, and the reiteration of the real estate investment trust’s full-year guidance.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Retail Opportunity Investments (ROIC)

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

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