I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform the sector this year.
Why UBS is the exception
There are numerous reasons as to why I believe UBS Group has more potential than the rest of the European banking sector. Firstly, UBS has some making up to do in stock price. The European financial sector declined -3.7% over the last 12 months, while UBS Group declined even further to -13.36%. The main reason behind this steeper-than-average drop is the company missing its earnings in the first quarter of 2016. Ever since, their stock price has not recovered as fast as the rest of the market. This has led us to believe that UBS is slightly undervalued in comparison with the sector.
Hot Undervalued Stocks To Buy For 2019: Alliance Data Systems Corporation(ADS)
- [By Ethan Ryder]
Cubist Systematic Strategies LLC lifted its stake in shares of Alliance Data Systems Co. (NYSE:ADS) by 2,490.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,461 shares of the business services provider’s stock after buying an additional 7,173 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Alliance Data Systems were worth $1,588,000 as of its most recent filing with the SEC.
- [By Ethan Ryder]
Alliance Data Systems (NYSE:ADS)‘s stock had its “hold” rating restated by research analysts at Oppenheimer in a report issued on Thursday. Oppenheimer also issued estimates for Alliance Data Systems’ Q2 2018 earnings at $4.65 EPS, Q3 2018 earnings at $6.61 EPS, Q4 2018 earnings at $6.18 EPS and FY2018 earnings at $21.53 EPS.
- [By Chris Lange]
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Alliance Data Systems Corp. (NYSE: ADS) which fell about 10% to $218.96. The stock’s 52-week range is $192.02 to $278.33. Volume was about 1.6 million compared to the daily average volume of about half a million.
- [By Evan Niu, CFA]
Shares of Alliance Data Systems (NYSE:ADS) have plunged today, down by 12% as of 11:30 a.m. EST, after the company reported fourth-quarter earnings results. While the marketing and customer loyalty specialist beat on the bottom line, it missed on the top line.
Hot Undervalued Stocks To Buy For 2019: Churchill Downs, Incorporated(CHDN)
- [By Logan Wallace]
BidaskClub upgraded shares of Churchill Downs (NASDAQ:CHDN) from a strong sell rating to a sell rating in a report released on Saturday morning.
Several other research analysts also recently commented on the company. Zacks Investment Research downgraded Churchill Downs from a strong-buy rating to a hold rating in a research note on Tuesday, July 10th. Jefferies Financial Group set a $317.00 target price on Churchill Downs and gave the stock a hold rating in a research report on Monday, August 6th. Finally, ValuEngine cut Churchill Downs from a buy rating to a hold rating in a research report on Wednesday, August 15th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Churchill Downs currently has an average rating of Hold and an average target price of $314.00.
- [By Stephan Byrd]
Wells Fargo & Company MN decreased its holdings in Churchill Downs, Inc. (NASDAQ:CHDN) by 7.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,164 shares of the company’s stock after selling 2,629 shares during the period. Wells Fargo & Company MN owned approximately 0.26% of Churchill Downs worth $10,426,000 as of its most recent SEC filing.
- [By ]
Churchill Downs (CHDN) : “This has been a big winner for a long time. I’d wait for a dip, then buy some.”
Devon Energy (DVN) : “They shot the lights out. They’ve got growth and are bigger than ever.”
- [By Logan Wallace]
Churchill Downs Incorporated (NASDAQ:CHDN)’s share price reached a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $301.60 and last traded at $297.40, with a volume of 6596 shares trading hands. The stock had previously closed at $292.50.
- [By Lisa Levin] Gainers
Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday.
Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21.
MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook.
Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06.
Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd.
Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday.
Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings.
PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results.
Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25.
Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook.
Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter.
Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit.
Hot Undervalued Stocks To Buy For 2019: Rand Capital Corporation(RAND)
- [By Joseph Griffin]
TheStreet upgraded shares of Rand Capital (NASDAQ:RAND) from a d+ rating to a c rating in a research note released on Wednesday morning.
RAND traded up $0.02 during trading on Wednesday, reaching $2.99. The company had a trading volume of 252 shares, compared to its average volume of 122,866. The company has a debt-to-equity ratio of 0.26, a quick ratio of 315.33 and a current ratio of 315.33. Rand Capital has a 12 month low of $2.05 and a 12 month high of $3.60. The firm has a market cap of $18.88 million, a P/E ratio of 100.00 and a beta of 0.05.
Hot Undervalued Stocks To Buy For 2019: First Trust Dorsey Wright Focus 5 ETF(FV)
- [By Max Byerly]
Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 106,289 shares of the company’s stock after buying an additional 3,752 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $3,132,000 as of its most recent filing with the SEC.
Hot Undervalued Stocks To Buy For 2019: Beasley Broadcast Group Inc.(BBGI)
- [By Joseph Griffin]
Beasley Broadcast Group (NASDAQ:BBGI) Director Mark S. Fowler sold 5,505 shares of the company’s stock in a transaction dated Friday, May 18th. The stock was sold at an average price of $10.78, for a total value of $59,343.90. Following the sale, the director now owns 34,199 shares of the company’s stock, valued at $368,665.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.