Tag Archives: GRMN

Top Safest Stocks To Buy For 2019

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There’s no way around it: the S&P 500 now has a P/E ratio of more than 26 going into the first earnings season of 2017, and even the “safest” bets are starting to look scary.

Unless we see massive profit growth all around, there’s a real risk this bull market is going to stutter—or worse.

So where do you go for value? It’s getting harder than ever, but there is one corner of the market that got way ahead of the S&P 500 and has since taken a step back. I’m talking about real estate investment trusts (REITs).

And now, there are three REITs that combined provide over 9% in income with over 200% average dividend coverage. That means they could double their payouts and still generate enough cash to cover them.

Plus, these stocks are out of favor, making them relatively cheap compared to their peers and the overheated broader market.

Top Safest Stocks To Buy For 2019: Movado Group Inc.(MOV)

Advisors’ Opinion:

  • [By Steve Symington]

    Shares of Movado Group Inc. (NYSE:MOV) were up 16.5% as of 12:30 p.m. EDT Wednesday after the watchmaker announced strong quarterly results.

    For Movado’s fiscal first quarter ended April 30, 2018, net sales grew 28.1% year over year (22.1% in constant currency) to $127.1 million, including roughly $2.2 million related to the adoption of new accounting standards. On the bottom line, that translated to adjusted earnings of $8.7 million, or $0.37 per share, up from $0.01 per share in the same year-ago period.

  • [By Dan Caplinger]

    The stock market rebounded sharply on Wednesday, and major benchmarks recovered most of the ground they lost on Tuesday, posting gains of around 1%. Concerns about financial difficulties in the Italian economy seemed to ebb in investors’ minds, as those looking more closely at the problem came to the conclusion that U.S. exposure to any troubles the European Union might face as a result of pressure on its common currency wouldn’t be as large as initially feared. In addition, some good news from several parts of the market improved overall sentiment. Movado Group (NYSE:MOV), Fiat Chrysler Automobiles (NYSE:FCAU), and Exact Sciences (NASDAQ:EXAS) were among the best performers on the day. Here’s why they did so well.

  • [By Motley Fool Staff]

    Movado Group (NYSE:MOV) Q1 2019 Earnings Conference CallMay. 30, 2018 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Steve Symington]

    Movado Group (NYSE:MOV) announced stellar fiscal first-quarter 2019 results on Wednesday morning, highlighting broad-based geographic strength as consumers continue to embrace the Swiss watchmaker’s wares. Movado also boosted its full-year guidance, leaving shares up more than 16% in today’s early trading.

Top Safest Stocks To Buy For 2019: Grupo Aeroportuario del Centro Norte S.A.B. de C.V.(OMAB)

Advisors’ Opinion:

  • [By Logan Wallace]

    Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) has earned an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $46.00.

  • [By Ethan Ryder]

    Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.

  • [By Max Byerly]

    Corporacion America (NYSE: CAAP) and Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) are both small-cap transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, profitability, analyst recommendations, dividends and risk.

  • [By Ethan Ryder]

    Corporacion America (NYSE: CAAP) and Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, risk, dividends, analyst recommendations, earnings and valuation.

Top Safest Stocks To Buy For 2019: Microchip Technology Incorporated(MCHP)

Advisors’ Opinion:

  • [By ]

    Though concerns have been raised that the analog and MCU markets are at risk of seeing an inventory correction (they haven’t had a major one in a while), given signs of excessive ordering and stretched lead times, TI and STMicro’s numbers suggest conditions remain good for now. That’s particularly true in industrial and auto markets where trends such as factory automation, ADAS adoption and electric/hybrid car sales are boosting chip demand. Several other analog/MCU firms, including Microchip (MCHP) , ON Semiconductor (ON) , Maxim Integrated (MXIM) and NXP Semiconductors (NXPI) , will be reporting soon.

  • [By Shanthi Rexaline]

    Morgan Stanley's Joseph Moore previewed earnings reports from MPINJ Inc (NASDAQ: PI), Microchip Technology Inc. (NASDAQ: MCHP) and NVIDIA Corporation (NASDAQ: NVDA). Morgan Stanley has the following ratings on the companies:

  • [By ]

    Crutcher added that TI’s own chip manufacturing teams have been pushing equipment suppliers to make their machinery smarter. “We want it to tell us sooner if there’s an issue with the [chip] wafer that’s going through that machine,” he said as an example. Fellow analog chip and microcontroller (MCU) suppliers such as Analog Devices (ADI) and Microchip (MCHP) also have strong industrial exposure.

  • [By Lee Jackson]

    This company is a huge Internet of Things benefactor. Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, mixed-signal, analog and flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.

  • [By VantagePoint]

    Microchip Technology Incorporated (NASDAQ: MCHP) had a clear crossover to the upside on May 3, when the blue predicted moving average crossed above the black simple 10-day moving average. Since then the stock is up 17 percent, while the gray candle predicting Thursday's range shows continued upside. As long as the two lines don't crossover, look for this uptrend to continue. 

Top Safest Stocks To Buy For 2019: Garmin Ltd.(GRMN)

Advisors’ Opinion:

  • [By Shane Hupp]

    Burrell Jonathan disclosed that they own a 13.8% stake in Garmin Ltd. (NASDAQ:GRMN) in a Form 13G/A disclosure that was filed with the Securities and Exchange Commission on Tuesday, May 29th. The investor owns 26,042,130 shares of the stock valued at approximately $1,574,767,601. The filing is available through the SEC website at this hyperlink.

  • [By Ethan Ryder]

    Garmin Ltd. (NASDAQ:GRMN) Director Donald Eller sold 3,924 shares of the business’s stock in a transaction on Wednesday, May 9th. The stock was sold at an average price of $59.36, for a total value of $232,928.64. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

  • [By Demitrios Kalogeropoulos]

    In contrast, Garmin (NASDAQ:GRMN) sells a wide range of consumer tech devices outside of the wearable-tech segment. This diverse portfolio includes the marine and aviation products that helped sales and profitability both inch higher last year even as Fitbit’s top and bottom lines collapsed. Sure, Garmin’s revenue expansion pace isn’t likely to accelerate much from its current modest rate, while Fitbit could post a dramatic rebound in 2019. But there’s also a much lower chance that the GPS device giant will post an annual loss, as Fitbit has done in each of the last two fiscal years.

  • [By Logan Wallace]

    Garmin Ltd. (NASDAQ:GRMN) insider Min H. Kao sold 111,551 shares of the company’s stock in a transaction on Wednesday, July 18th. The shares were sold at an average price of $63.94, for a total value of $7,132,570.94. Following the transaction, the insider now directly owns 4,818,208 shares in the company, valued at $308,076,219.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Top Safest Stocks To Buy For 2019: Lifetime Brands Inc.(LCUT)

Advisors’ Opinion:

  • [By Logan Wallace]

    Stanley Black & Decker (NYSE: SWK) and Lifetime Brands (NASDAQ:LCUT) are both industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, analyst recommendations, profitability, earnings and risk.

Garmin Finds Its Way With Solid First-Quarter Results

Brutal competition in the consumer electronics industry tends to hold back profitability for all but the most innovative companies. Rapidly changing tastes, meanwhile, can crush even a successful player if it relies too heavily on one product or a single device lineup.

Garmin (NASDAQ:GRMN) is navigating those challenges better than most industry participants. With help from a wide portfolio that spans fitness wearables, GPS-enabled hiking watches, and products aimed at fishing fans and aviation enthusiasts, the company showed this past week how its business approach can deliver steady revenue and profit growth in a tough selling environment.

A hiker checks her smartwatch.

Image source: Getty Images.

Solid revenue growth as profitability improves

Sales jumped 11% to reach $711 million. As has been the case for the past few years now, Garmin’s automotive division shrank as that industry niche contracted. But the company easily offset that decline with solid growth in its fitness, outdoor, aviation, and marine segments.

A 20% spike in the fitness wearables niche was particularly good news, considering rival Fitbit (NYSE:FIT) saw its unit volume plunge during the period. Like Fitbit, Garmin has noticed a dramatic shift in consumer demand toward more premium trackers like smartwatches. Yet Garmin’s bigger product line scratched that itch for fitness fans thanks to popular new releases like the Forerunner and Edge franchises. Its lineup allowed fitness sales to rise 20% even as Fitbit’s revenue fell 18%.

Garmin managed healthy profitability, too. Gross profit margin jumped to 60% of sales from 58% a year ago, mainly thanks to a shift toward fully featured smartwatches and fitness trackers. Gross profit in the fitness segment — 58% of sales — was just slightly below the company average. It also compares favorably to Fitbit’s 47% gross margin.

The company held the line on overall operating expenses. While directing more cash toward research and development, advertising spending dipped. As a result, overall operating income improved to $142 million, or 20% of sales, from $117 million, or 18.2% of sales, a year ago. “We are pleased with our first quarter results,” CEO Cliff Pemble said in a press release, “and look forward to launching new, compelling products throughout the remainder of the year.”

Affirming a steady outlook

Executives took a cautious approach to their 2018 outlook. Given that the first quarter is Garmin’s seasonally slowest period, the recent 11% revenue spike wasn’t enough to nudge management from its full-year target, which predicts 4% gains in both sales and profits this year. Garmin still believes it will post its third straight year of improving profitability as gross margin rises to about 59% of sales from 58% last year and 56% back in 2016.

A lot will depend on how enthusiastically consumers react to its steady stream of new product introductions — especially during the critical holiday shopping sales period in the fourth quarter. It’s possible that any number of those devices fail to gain the traction that management had hoped they would.

However, Garmin’s diverse portfolio, its strong track record for quick innovation, and its healthy finances all suggest this company will continue to outpace other industry participants. That bright potential, plus a dividend payment that currently amounts to a 3.5%-plus annual yield, could make the stock an attractive option for investors seeking exposure to the wearables market.

Hot Stocks To Own Right Now

Click to enlarge

Source for image: Crackberry.com

My thesis on BlackBerry (NASDAQ:BBRY) remains the same. BlackBerry is on track to transform itself into a stagnated software business doing ~$600 million in revenues per year and running at a loss. For the privilege of buying into this business, investors today pay an enterprise value of ~$3.1 billion, already excluding the net cash BlackBerry has in its books.

Against the background provided by this thesis, the title on this article might seem weird. Yet, the title is entirely true. BlackBerry smartphones, after shrinking into irrelevance for years, are now about to sell mightily again, maybe even into the tens of millions of units per year. And yet, BlackBerry itself will remain on the exact same track as described in the first paragraph of this article.

Hot Stocks To Own Right Now: Speedway Motorsports Inc.(TRK)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Truckcoin (CURRENCY:TRK) traded 0.1% lower against the US dollar during the 1-day period ending at 7:00 AM ET on April 18th. One Truckcoin coin can currently be purchased for $0.0019 or 0.00000023 BTC on cryptocurrency exchanges. Truckcoin has a total market capitalization of $338,505.00 and $362.00 worth of Truckcoin was traded on exchanges in the last day. During the last week, Truckcoin has traded up 33.5% against the US dollar.

Hot Stocks To Own Right Now: Wins Finance Holdings Inc.(WINS)

Advisors’ Opinion:

  • [By Lisa Levin]

    Friday afternoon, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Wins Finance Holdings Inc (NASDAQ: WINS) and Old Second Bancorp Inc. (NASDAQ: OSBC).

  • [By Lisa Levin]

    On Friday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Wins Finance Holdings Inc (NASDAQ: WINS) and Navient Corp (NASDAQ: NAVI).

Hot Stocks To Own Right Now: Catalyst Biosciences, Inc. (CBIO)

Advisors’ Opinion:

  • [By Ashley Moore]

    Here is a list of the top 10 best small-cap stocks based on price gains per share so far in 2017:

    Company (Ticker)Price per Share% Change AquaBounty Technologies Inc. (Nasdaq: AQB)$14.338,646.99%Rennova Health Inc. (Nasdaq: RNVA)$3.133,333.73%China Gengsheng Minerals Inc. (OTCMKTS: CHGS)$0.021,718.18%Sunshine Heart Inc. (Nasdaq: SSH)$3.851,071.43%CTI BioPharma Corp. (Nasdaq: CTIC)$4.30991.76%Catalyst Biosciences Inc. (Nasdaq: CBIO)$6.22853.85%TearLab Corp. (Nasdaq: TEAR)$4.20707.85%Pulmatrix Inc. (Nasdaq: PULM)$3.86566.10%Real Goods Solar Inc. (Nasdaq: RGSE)$1.43498.75%Calithera Biosciences Inc. (Nasdaq: CALA)$11.70281.54%

  • [By Lisa Levin]

    Gainers

    Pyxis Tankers Inc. (NYSE: PXS) rose 47.48 percent to $$5.56, after the company announced it has entered into a definitive securities purchase agreement with a group of investors, which will result in gross proceeds of $4.8 million.
    Sigma Designs Inc (NASDAQ: SIGM) rose 22.77 percent to $6.88. Silicon Laboratories (NASDAQ: SLAB) announced plans to buy Sigma Designs for $7.05 per share in cash.
    Steadymed Ltd (NASDAQ: STDY) rose 19.35 percent to $3.70, after the company reported that no clinical trials were required for Trevyent and that the FDA had agreed to the pathway for the drug candidate's NDA resubmission.
    Iteris, Inc. (NASDAQ: ITI) rose 15.73 percent to $7.06. Earlier in the week, Zacks Investment Research had upgraded the company from "Sell" to "Hold".
    Science Applications International Corp (NYSE: SAIC) rose 13.71 percent to $85.77 as the company reported better-than-expected earnings for its third quarter.
    Technical Communications Corporation (NASDAQ: TCCO) rose 12.41 percent to $6.07, after having risen sharply in pre-marketing trading.
    Radius Health, Inc. (NASDAQ: RDUS) rose 12.41 percent to $30.81 after the company provided an update on data from the Phase 1 005 clinical study of elacestrant in patients with estrogen receptor positive breast cancer during the 2017 San Antonio Breast Cancer Symposium.
    ForeScout Technologies, Inc. (NASDAQ: FSCT) rose 12.32 percent to $25.80 after the company reported its third quarter financial results.
    Prana Biotechnology Limited (NASDAQ: PRAN) rose 11.36 percent to $3.43, as the company announced a research collaboration with Takeda Pharmaceuticals to study the ability of movement disorders compound, PBT434 to slow or prevent neurodegeneration of the gastrointestinal system.
    Catalyst Biosciences, Inc. (NASDAQ: CBIO) rose 10.49 percent to $7.90 as the company announced the appointment of Arwa Shurrab and Jamie Ellen Siegel in its clinical hemophilia

  • [By Lisa Levin]

    Shares of Catalyst Biosciences Inc (NASDAQ: CBIO) were down around 27 percent to $5.36. Catalyst Biosciences reported the pricing of $18 million offering of Class A units at $5 per unit

Hot Stocks To Own Right Now: Garmin Ltd.(GRMN)

Advisors’ Opinion:

  • [By Leo Sun]

    However, investors shouldn’t completely ignore the growth potential of other wearable makers. Let’s take a closer look at three companies — Garmin (NASDAQ:GRMN), Taser International (NASDAQ:TASR), and Ambarella (NASDAQ:AMBA) — which could still benefit from high sales of wearable devices even as market leaders like Fitbit and GoPro struggle with sluggish growth.

  • [By Asit Sharma]

    Sometimes, in The Motley Fool’s “Better Buy” series, it’s not too difficult to identify the more attractive investment between two similar companies. In the matchup between health and fitness tracker leaderFitbit Inc. (NYSE:FIT) and GPS and wearables devices manufacturerGarmin Ltd. (NASDAQ:GRMN), the latter has a decisive edge, and I’ll briefly substantiate why below.However, if you happen to lean toward value situations or have a speculative bent, you may still be inclined to take a position in Fitbit, so in this article, we’ll also examine the contrarian case.

  • [By Paul Ausick]

    Competitors like Fitbit Inc. (NYSE: FIT), Garmin Ltd. (NASDAQ: GRMN) and Alphabet Inc. (NASDAQ: GOOGL), with its Wear OS, are also expected to gain more traction through the forecast period.

  • [By Demitrios Kalogeropoulos]

    As for individual stocks, Texas Roadhouse (NASDAQ:TXRH) and Garmin (NASDAQ:GRMN)made large moves following their quarterly earnings announcements.

  • [By Timothy Green]

    For dividend investors wanting a solid yield, Nordstrom (NYSE:JWN), International Business Machines (NYSE:IBM), and Garmin (NASDAQ:GRMN) look like solid choices. None is risk-free, particularly Nordstrom, which is in an extremely competitive industry. But all three offer dividend yields above 3% and a least a few reasons to be optimistic about the company.

  • [By Peter Graham]

    A long term performance chart shows shares of supplier Ambarella Incbeing ahomerun for investors comparedto GoPro Incs performancewhich appears to be stabilizing whileGarmin Ltd (NASDAQ: GRMN), whos Virb Action Camera intends to compete with GPROs offerings, has seen shares back to where they were five years ago: