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10 Stocks To Watch For May 17, 2018

Some of the stocks that may grab investor focus today are:

Wall Street expects Walmart Inc. (NYSE: WMT) to report quarterly earnings at $1.13 per share on revenue of $120.51 billion before the opening bell. Walmart shares gained 1 percent to $86.99 in after-hours trading.
Analysts expect Applied Materials, Inc. (NASDAQ: AMAT) to post quarterly earnings at $1.14 per share on revenue of $4.45 billion after the closing bell. Applied Materials shares rose 0.15 percent to $55.25 in after-hours trading.
Jack in the Box Inc. (NASDAQ: JACK) reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent. Jack in the Box shares dropped 3.03 percent to $88.60 in the after-hours trading session.
Before the opening bell, Dillard's, Inc. (NYSE: DDS) is estimated to report quarterly earnings at $2.77 per share on revenue of $1.46 billion. Dillard's shares rose 0.14 percent to $72.10 in after-hours trading.
Analysts are expecting Childrens Place Inc (NASDAQ: PLCE) to have earned $2.21 per share on revenue of $444.14 million in the latest quarter. Childrens Place will release earnings before the markets open. Childrens Place shares gained 0.29 percent to $138.40 in after-hours trading.

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Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent. Cisco shares declined 3.57 percent to $43.55 in the after-hours trading session.
After the markets close, Nordstrom, Inc. (NYSE: JWN) is projected to post quarterly earnings at $0.44 per share on revenue of $3.46 billion. Nordstrom shares rose 0.08 percent to $51.09 in after-hours trading.
Landcadia Holdings Inc (NASDAQ: LCA) and Waitr announced plans to merge, under which Landcadia would buy Waitr for $308 million. Landcadia shares rose 0.99 percent to $10.20 in after-hours trading.
Analysts expect J. C. Penney Company, Inc. (NYSE: JCP) to report quarterly loss at $0.2 per share on revenue of $2.63 billion before the opening bell. J. C. Penney shares fell 0.65 percent to $3.05 in after-hours trading.
Acxiom Corporation (NASDAQ: ACXM) reported stronger-than-expected results for its fourth quarter, but issued weak FY19 guidance. Acxiom shares dipped 10.01 percent to $24.80 in the after-hours trading session.

Boeing, Cisco Prop Up the Dow Thursday

May 3, 2018: Markets opened lower again Thursday but much of the early loss was recovered and it looks like equities will end the day right around the break-even line. Traders are paying attention to U.S. trade talks with China, possible inflation, bond rates, the nuclear agreement with Iran, and earnings. With so much going on it’s not hard to see why markets are reluctant to plot a course in either direction.

Equity indexes traded very near the break-even line just minutes before the closing bell. The closing tally could show either a small gain or a small loss for any of the indexes.

WTI crude oil for June delivery settled at $68.43 a barrel, up 0.7% for the day. June gold added about about 0.5% on the day to settle at $1,312.70. Equities were headed for a lowerclose about 10 minutes before the bell as the Dow traded up 0.11% for the day, the S&P 500 traded down 0.27%, and the Nasdaq Composite traded down 0.15%.

Bitcoin futures (XBTK8) for May delivery traded at $9,700, up about 6.4% on the CBOE after opening at $9,250 this morning. The digital currency’s trading range for the day was $9,180 to $9,800. Goldman Sachs is within weeks of launching its own trading desk in virtual currencies, including bitcoin.

The Dow stock posting the largest daily percentage gain ahead of the close Thursday was The Boeing Co. (NYSE: BA) which traded up 2.51% at $332.34 in a 52-week range of $175.47 to $371.60. Volume of about 5.5 million shares was about 5% below the daily average. The company had no specific news.

Cisco Systems Inc. (NASDAQ: CSCO) traded up 1.84% at $44.67. The stock’s 52-week range is $30.36 to $46.16. Volume was about 30% lower than the daily average of around 29 million shares. The company acquired an AI company on Tuesday for $270 million in cash and announced this morning that it had sold another $73 million worth of VMware stock in the first quarter of this year.

Microsoft Corp. (NASDAQ: MSFT) traded up 1.00% at $94.55. The stock’s 52-week range is $67.14 to $97.90. Volume was nearly 30% below the daily average of around 34.6 million. The company had no specific news. The company said today that sales of its Xbox One console are up 15% compared with 2017 sales for the same period.

3M Company (NYSE: MMM) traded up 0.8% at $196.10. The stock’s 52-week range is $191.44 to $259.77. Volume was about 15% below the daily average of around 3 million. The company had no specific news Thursday.

Of the Dow stocks, 12 are on track to close higher Thursday and 18 are set to close lower.

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Why Investors Need to Buy Oil Stocks as Trump Threatens to Leave Iran Deal

This IOTA Price Prediction Calls for 300% Gains in 2018

In trying to find the most profitable opportunities in the crypto space for our readers, we found an IOTA price prediction that shows gains of 316.66% by the end of 2018.

TheIOTA (MIOTA) cryptocurrencystands apart from other digital coins because it is focusing on becoming the backbone of the “Internet of Things” (IoT).

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Creators of the IOTA system want to be a trusted conduit for the flow of IoT data by helping connect devices through IOTA’s encrypted network.

Clayton Daniel, a fintech investor, believes the price of IOTA will reach $5 by the end of 2018, which is a gain of more than 300% from the price of $1.26 on March 26.

But this forecast could be too conservative, since IOTA’s involvement with IoT could produce much higher gains.

Here are some of the reasons why IOTA is not like any other cryptocurrency, and why this price prediction has some real potential…

Why IOTA Is Not Your Typical Cryptocurrency

There are currently more than 1,500 cryptocurrencies, so only the ones that stand out above the others will survive and even have a chance at substantial gains.

IOTA meets the requirements of a strong contender based on its team, which is backed by exceptional experience, knowledge, and diversity.

IOTA was founded in 2015 in Germany by David Sonstebo, Sergey Ivancheglo, Dominik Schiener, and Sergeui Popov.

The code for IOTA was written from scratch, which sets it apart from other crypto teams, who tend to copy the code from a successful coin and make tweaks.

The key to IOTA is that it was specifically designed as a tool for IoT, which means that it also has to have ironclad security, zero transaction fees, and unlimited scalability.

These feats have been largely accomplished through IOTA’s data structure, which is called the “Tangle”…

How the Tangle Makes IOTA Unique

If you own Bitcoin, you’re probably familiar with how blockchain technology confirms and verifies each transaction on the network.

The Tangle serves the same purpose for the IOTA cryptocurrency, but it is completely unique in that it doesn’t sequentially build on prior blocks of transaction data.

Instead of using miners to confirm transactions, each IOTA user contributes to the network’s maintenance. Whenever a user makes an IOTA transaction, the software they use randomly chooses two other transactions to check and verify.

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This creates a web-like expanding network that continually adds confirmed transactions as time progresses.

And the structure of the Tangle has three key advantages for users…

First, there are no transaction fees.

Second, it is secure, so it becomes more difficult to launch any sort of directed attack.

And the third, most significant advantage of the Tangle is that it is scalable.

Based on its structure, the network will continue to expand as the volume of transactions grows. There will not be any backlog of transactions waiting for confirmation, which happens in blockchain networks.

All of these features make IOTA a candidate for one of the best cryptos to own right now.

In fact, several industry leaders, companies, and governments already agree…

Major Investors Involved with the IOTA Cryptocurrency

One of the best ways to decide the validity of differentcryptocurrency investmentsis to see who else is involved with it.

When it comes to IOTA, the list so far is impressive…

In 2017, IOTA launched its “digital marketplace,” which is a demonstration of its ability to monetize and distribute data.

The companies that participated in the demo included Cisco Systems Inc. (Nasdaq: CSCO), Microsoft Corp. (Nasdaq: MSFT), Accenture Plc. (NYSE: ACN), Fujitsu Ltd. (OTCMKTS: FJTSY), and Deutsche Telekom AG (OTCMKTS: DTEGY).

In February, Taiwan’s capital of Taipei announced that it was partnering with the IOTA Foundation for the development of new digital government ID cards.

With these promising developments and partnerships, the price of IOTA could soar beyond a 300% gain…

You Won’t Believe How High the Price of IOTA Could Climb

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