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Schwab Intelligent Portfolios was the top performing robo-advisor for the third quarter, according to BackEndBenchmarking’s latest Robo Report, which tracks the performance of a 60/40 stock/bond portfolio for investors in a high tax bracket.
Its model portfolio for taxable accounts outperformed comparable portfolios of 19 other robos, gaining 3.97% in the third quarter, according to The Robo Report, which actually invests in the model portfolios it analyzes.
(Related: Which Robo-Advisors Are Best? To Find Out, an RIA Invests in Them)
Betterment placed second for the third quarter followed by SigFig and SoFi, which tied for third place, but it led the competition for one-year performance ended Sept. 30, up 11.97%. Schwab was just behind, with an 11.93% return for its model portfolio.
Top 10 Performing Stocks To Watch For 2018: International Tower Hill Mines Ltd(THM)
- [By Money Morning News Team]
While a 209% gain is exciting, FunctionX’s gains are in the past. After looking at the 10 top penny stocks to watch this week, we’ll show you a small-cap stock with serious profit potential ahead of it…
Penny Stock Current Share Price Law Week’s Gain
FunctionX Inc. (OTCMKTS: FNCX) $0.03 209%
Turtle Beach Corp. (Nasdaq: HEAR) $4.48 52.73%
DPW Holdings Inc. (NYSE: DPW) $1.16 51.31%
Energy XXI Gulf Coast Inc. (Nasdaq: EGC) $5.62 49.33%
MYnd Analytics Inc. (Nasdaq: MYND) $1.91 49.21%
Kingtone Wirelessinfo Solutions Holding Ltd. (Nasdaq: KONE) $6.43 48.42%
Rennova Health Inc. (OTCMKTS: RNVA) $0.02 44.30%
International Tower Hill Mines Ltd. (NYSE: THM) $0.72 41.64%
Blonder Tongue Labs Inc. (NYSE: BDR) $1.13 41.14%
Bellicum Pharmaceuticals Inc. (Nasdaq: BLCM) $8.87 40.53%
As the gains above suggest, penny stocks can provides tremendous returns for investors very quickly. However, it’s important to note that investing in penny stocks is also inherently risky.
Top 10 Performing Stocks To Watch For 2018: Container Store (The)(TCS)
- [By Monica Gerson]
Container Store Group Inc (NYSE: TCS) is expected to post its quarterly earnings at $0.21 per share on revenue of $230.53 million.
J & J Snack Foods Corp (NASDAQ: JJSF) is estimated to post its quarterly earnings at $0.78 per share on revenue of $231.58 million.
- [By Lisa Levin]
Container Store Group Inc (NYSE: TCS) shares shot up 27 percent to $5.29 after the company posted upbeat results for its fourth quarter and issued a strong forecast for FY 2017.
Top 10 Performing Stocks To Watch For 2018: Cumberland Pharmaceuticals Inc.(CPIX)
- [By Max Byerly]
COPYRIGHT VIOLATION NOTICE: “Cumberland Pharmaceuticals (CPIX) Research Coverage Started at B. Riley” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at www.tickerreport.com/banking-finance/3364464/cumberland-pharmaceuticals-cpix-research-coverage-started-at-b-riley.html.
Top 10 Performing Stocks To Watch For 2018: Graham Corporation(GHM)
- [By Monica Gerson]
Graham Corporation (NYSE: GHM) is expected to report its quarterly earnings at $0.12 per share on revenue of $23.54 million.
Heico Corp (NYSE: HEI) is estimated to post its quarterly earnings at $0.54 per share.
Top 10 Performing Stocks To Watch For 2018: Siebert Financial Corp.(SIEB)
- [By Lisa Levin]
Siebert Financial Corp. (NASDAQ: SIEB) shares shot up 61 percent to $8.30 following news it will offer deeply discounted online trading of U.S. equities next year.
- [By Cameron Saucier]
Siebert (Nasdaq: SIEB) is a holding company that has a retail discount brokerage business through its subsidiary, Muriel Siebert & Co. SIEB rose 60% last month after it announced a purchasing agreement with Kennedy Cabot Acquisition. Under the agreement, Kennedy Cabot will purchase shares of SIEB. SIEB is currently trading at $3.37 per share and is up 157% YOY.
- [By Jim Robertson]
On Tuesday, our Under the Radar Moversnewsletter suggested shorting small cap discount brokerageSiebert Financial Corp (NASDAQ: SIEB):
Siebert Financial has been on our watchlist for a while, overbought and toying with the idea of a pullback. We’re finally starting to see evidence that the weight of the gain is taking a toll. We’ve seen a string of lower highs following the last bullish gasp from the 9th. We’re going to assume that was the pivot point. (It has been so far, anyway.)
- [By Garrett Baldwin]
William may be right about a sell-off in stocks… in the cryptocurrency space. Over the last week, companies that have billed themselves as blockchain-focused saw their stocks surge. One firm – Long Island Iced Tea changed its name to Long Island Blockchain and watched its stock surge more than triple digits. But today, firms with this exposure are cratering. MGT Capital Investments Inc. (OTCMKTS: MGTI), Long Island Iced Tea Corp. (Nasdaq: LTEA), Riot Blockchain Inc. (Nasdaq: RIOT), and Siebert Financial Corp. (Nasdaq: SIEB) all fell by more than 12% Friday.
Top 10 Performing Stocks To Watch For 2018: Steelcase Inc.(SCS)
- [By Lisa Levin]
Steelcase Inc. (NYSE: SCS) shares dropped 14 percent to $14.10 after the company reported downbeat earnings for its first quarter and issued a weak outlook for the second quarter.
- [By Stephen Mack]
Jim Hackett spent two decades as CEO of Michigan-based office furniture company Steelcase Inc. (NYSE: SCS). When he took over, the American workplace was shifting away from cubicles, and the company looked on the verge of extinction, with $70 million in annual losses.
- [By Lisa Levin]
Steelcase Inc. (NYSE: SCS) shares shot up 5 percent to $15 as the company reported better-than-expected results for its second quarter.
Shares of Nabriva Therapeutics plc (NASDAQ: NBRV) got a boost, shooting up 10 percent to $9.71. Nabriva Therapeutics announced a $80 million common stock offering.
Top 10 Performing Stocks To Watch For 2018: Cincinnati Financial Corporation(CINF)
- [By Ben Levisohn]
Cincinnati Financial (CINF) tumbled to the bottom of the S&P 500 today after the insurer warned of larger catastrophe losses and lower reserve releases.
Cincinnati Financialdropped 6.7% to $69.91 today, while the S&P 500 declined 0.2% to 2,270.44.
Sandler O’Neil’s Paul Newsome and team explain why Cincinnati Financial got hammered today:
On January 12, 2017, before the market opened, CINF pre-announced 4Q16 catastrophe loss estimates and underwriting results. The company expects 4Q16 earnings to include pre-tax catastrophe losses of approximately $75 million to $85 million, representing an impact on the combined ratio of approximately 6.5 to 7.5 percentage points, based on estimated property casualty earned premiums…
While the press release headline led with higher catastrophe losses, the real issue was less favorable reserve development related to the companys commercial casualty line.Cincinnati Financial has been growing faster than its peers for some time. The company has been growing primarily due to geographic expansion which is better than growth through price cutting. Nevertheless, growth during a soft market is difficult and the fourth quarter profit warning will likely lead to renewed concerns thatCincinnati Financial cannot maintain its excellent profitability in its commercial insurance business.
Cincinnati Financial’s market capitalization fell to $11.5 billion today from $12.3 billion yesterday. It reported net income of $634 million on sales of $5.2 billion in 2015.
Top 10 Performing Stocks To Watch For 2018: Merit Medical Systems Inc.(MMSI)
- [By Lisa Levin] Related Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide 15 Biggest Mid-Day Losers For Monday Cerulean Pharma's (CERU) CEO Chris Guiffre on Cerulean and Dar茅 Proposed Transaction (Transcript) (Seeking Alpha)
Related Mid-Afternoon Market Update: Cancer Genetics Gains After Q4 Results; Heat Biologics Shares Slide Mid-Day Market Update: Dow Rises Over 50 Points; Tandem Diabetes Care Shares Plunge Tandem Diabetes prices stock offering at $1.25; shares off 19% premarket (Seeking Alpha)
Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and mileston
Top 10 Performing Stocks To Watch For 2018: Platinum Group Metals Ltd.(PLG)
- [By William Patalon III]
Our sub-$2 “Gold Market Anomaly” play – Platinum Group Metals Ltd. (NYSE: PLG) – took a hit of more than 12% Wednesday after the miner raised $20 million through a stock offering.
Top 10 Performing Stocks To Watch For 2018: Natus Medical Incorporated(BABY)
- [By Jim Robertson]
On Monday, our Elite Opportunity Pronewsletter suggested going long on small cap healthcare products and services stock Natus Medical (NASDAQ: BABY):