Ten years after the financial crash that caused the Great Recession, the U.S. economy is performing remarkably well. And while President Donald Trump is quick to take credit, the real hero is the Federal Reserve.
Under three different leaders, the nation’s central bank took extraordinary steps to prevent another depression and nurture back to health a once-fragile economy that is now the second longest expansion in U.S. history. Yet that enviable track record hasn’t deterred Trump from assailing the Fed for raising interest rates to keep inflation in check.
The Fed announced Wednesday that, as expected, it was nudging up rates again from historically low levels, and Trump used his opening statement at a subsequent news conference in New York to harangue the Fed for threatening to slow the economy.
Top 5 Performing Stocks To Watch For 2019: Aquinox Pharmaceuticals, Inc.(AQXP)
Advisors’ Opinion:
- [By Paul Ausick]
Aquinox Pharmaceuticals Inc. (NASDAQ: AQXP) dropped about nearly 85% Wednesday to post a new 52-week low of $2.25. Shares closed at $15.31 on Tuesday and the stock’s 52-week high is $16.90. Volume totaled 13.5 million shares compared to a daily average of less than 200,000. The company’s bladder pain drug failed a trial and the company is stopping development.
- [By Chris Lange]
Aquinox Pharmaceuticals Inc. (NASDAQ: AQXP) saw its shares crash on Wednesday after the firm gave a disappointing update for a late-stage trial. Unfortunately, the firm’s Phase 3 LEADERSHIP 301 clinical trial evaluating rosiptor (AQX-1125) for the treatment of interstitial cystitis/bladder pain syndrome failed to meet its primary endpoint.
- [By Steve Symington]
Still, some individual companies fared worse than most. Read on to learn why Sonic Corporation (NASDAQ:SONC), National Beverage (NASDAQ:FIZZ), and Aquinox Pharmaceuticals (NASDAQ:AQXP) plunged today.
Top 5 Performing Stocks To Watch For 2019: Douglas Dynamics Inc.(PLOW)
Advisors’ Opinion:
- [By Logan Wallace]
Get a free copy of the Zacks research report on Douglas Dynamics (PLOW)
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- [By Logan Wallace]
Douglas Dynamics (NYSE: PLOW) and Astec Industries (NASDAQ:ASTE) are both small-cap auto/tires/trucks companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.
- [By Ethan Ryder]
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
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Douglas Dynamics (PLOW) Expected to Announce Quarterly Sales of $148.45 Million (americanbankingnews.com) Critical Contrast: Astec Industries (ASTE) and Douglas Dynamics (PLOW) (americanbankingnews.com) $0.78 Earnings Per Share Expected for Douglas Dynamics (PLOW) This Quarter (americanbankingnews.com) Astec Industries (ASTE) & Douglas Dynamics (PLOW) Critical Comparison (americanbankingnews.com)
A number of research firms recently commented on PLOW. Craig Hallum set a $50.00 price objective on Douglas Dynamics and gave the stock a “buy” rating in a report on Wednesday, February 28th. Zacks Investment Research upgraded Douglas Dynamics from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Friday, May 11th. ValuEngine upgraded Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Finally, Robert W. Baird restated a “hold” rating and issued a $44.00 price objective on shares of Douglas Dynamics in a report on Thursday, March 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $48.00.
- [By Max Byerly]
News stories about Douglas Dynamics (NYSE:PLOW) 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. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 47.2246052290592 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
- [By Max Byerly]
Douglas Dynamics Inc (NYSE:PLOW) Chairman James L. Janik sold 25,000 shares of Douglas Dynamics stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $44.89, for a total transaction of $1,122,250.00. Following the sale, the chairman now directly owns 239,030 shares in the company, valued at approximately $10,730,056.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Top 5 Performing Stocks To Watch For 2019: SI Financial Group Inc.(SIFI)
Advisors’ Opinion:
- [By Logan Wallace]
Teton Advisors Inc. acquired a new position in shares of SI Financial Group, Inc. (NASDAQ:SIFI) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,342 shares of the savings and loans company’s stock, valued at approximately $153,000. Teton Advisors Inc. owned about 0.08% of SI Financial Group as of its most recent SEC filing.
- [By Logan Wallace]
Renaissance Technologies LLC lifted its stake in shares of SI Financial Group, Inc. (NASDAQ:SIFI) by 17.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 458,700 shares of the savings and loans company’s stock after acquiring an additional 69,800 shares during the period. Renaissance Technologies LLC’s holdings in SI Financial Group were worth $6,766,000 as of its most recent SEC filing.
- [By Logan Wallace]
News coverage about SI Financial Group (NASDAQ:SIFI) has been trending somewhat negative recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SI Financial Group earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news articles about the savings and loans company an impact score of 44.7479870139738 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
- [By Logan Wallace]
News articles about SI Financial Group (NASDAQ:SIFI) have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SI Financial Group earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 47.0536892575283 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By ]
There are 30 banks that qualify as systemically important financial institutions (SIFI), according to the Financial Stability Board’s most recent list. Half have seen their stocks fall at least 20 percent from the most recent peaks, according to a Bloomberg analysis. Notably, no large U.S.-based banks make the list.
Top 5 Performing Stocks To Watch For 2019: RadNet, Inc.(RDNT)
Advisors’ Opinion:
- [By Shane Hupp]
Biocept (NASDAQ: RDNT) and RadNet (NASDAQ:RDNT) are both small-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.
- [By Ethan Ryder]
RadNet Inc. (NASDAQ:RDNT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.65 and last traded at $15.55, with a volume of 15009 shares changing hands. The stock had previously closed at $15.15.
- [By Ethan Ryder]
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
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Edited Transcript of RDNT earnings conference call or presentation 9-Aug-18 2:30pm GMT (finance.yahoo.com) Stocks Favored By Analysts: RadNet, Inc. (NASDAQ:RDNT) & RCI Hospitality Holdings, Inc. (NASDAQ:RICK) (baycityobserver.com) RadNet, Inc. (RDNT) stock closes -0.37% above from its SMA-50 (nasdaqplace.com) $241.29 Million in Sales Expected for RadNet Inc. (RDNT) This Quarter (americanbankingnews.com) Zacks: Analysts Expect RadNet Inc. (RDNT) to Announce $0.15 EPS (americanbankingnews.com)
Shares of RDNT traded up $0.20 during trading hours on Friday, hitting $14.10. The stock had a trading volume of 128,336 shares, compared to its average volume of 171,176. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $678.40 million, a PE ratio of 48.62, a P/E/G ratio of 5.02 and a beta of 0.32. RadNet has a 1-year low of $9.50 and a 1-year high of $15.50.
Top 5 Performing Stocks To Watch For 2019: Enable Midstream Partners, LP(ENBL)
Advisors’ Opinion:
- [By Lee Jackson]
Enable Midstream Partners LP (NYSE: ENBL) is raised to equal weight from underweight at Barclays. The 52-week trading range for the stock has been $12.89 to $17.67. The consensus price target is set at $17.18. The price of shares at the market’s close on Monday was $17.02.
- [By Joseph Griffin]
Enable Midstream Partners (NYSE:ENBL) had its price target lifted by research analysts at Wells Fargo & Co from $16.00 to $18.00 in a report released on Friday. The firm currently has a “market perform” rating on the pipeline company’s stock. Wells Fargo & Co’s price target indicates a potential upside of 1.24% from the company’s current price.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Enable Midstream Partners (ENBL)
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