Top 5 Cheap Stocks For 2019

Thursday was another strong day on Wall Street, with major benchmarks posting gains across the board. The S&P 500 reached another all-time high on strength from an upbeat view of the economy and good earnings results from major companies in the retail sector. Although energy prices sagged, investors seemed to focus on the cost savings that consumers would enjoy from cheaper gasoline rather than the profit hit that major oil and natural gas companies might suffer. Still, not every stock participated in the rally, and International Game Technology (NYSE:IGT), Genesco (NYSE:GCO), and Ensco (NYSE:ESV) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.

IGT loses the game

Shares of International Game Technology fell 13% after the company reported first-quarter financial results that didn’t live up to investor expectations. The lottery-game technology specialist saw its sales drop 10% from year-ago levels, and even after accounting for certain extraordinary items, adjusted earnings were well below the consensus forecast among those following the stock. International Game Technology believes that some of its woes were due to the luck of the draw, with fewer major jackpots occurring during the period. Yet some investors are more nervous about IGT’s long-term future, especially given that lottery game innovation has seemed to slow in recent years. Without a dramatic boost to the industry, International Game Technology could have trouble making further progress in the months and years ahead.

Top 5 Cheap Stocks For 2019: S&P GSCI(GD)

Advisors’ Opinion:

  • [By Logan Wallace]

    These are some of the headlines that may have effected Accern’s analysis:

    Get General Dynamics alerts:

    U.S. Air Force Awards General Dynamics Cloud Services Contract (finance.yahoo.com) General Dynamics (GD) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com) America Desperately Needs More Submarines. And That Is Good News for General Dynamics. (yahoo.com) GD completes Hawker Pacific acquisition (janes.com) General Dynamics Unit Secures Work for Aircraft Computer System Repairs, Replacement (govconwire.com)

    Shares of NYSE:GD traded up $3.17 on Tuesday, reaching $199.62. The company’s stock had a trading volume of 2,149,954 shares, compared to its average volume of 1,720,029. General Dynamics has a 52-week low of $190.30 and a 52-week high of $230.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 1.34. The stock has a market capitalization of $57.94 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.89 and a beta of 0.84.

  • [By ]

    General Dynamics (NYSE: GD) is diversified across the Aerospace & Defense sector with 25% of sales in information technology, followed by aerospace orders (24%), marine systems (23%), combat systems (16%), and mission systems (12%). The acquisition of CSRA makes it one of the largest IT contractors to the U.S. government.

  • [By Joseph Griffin]

    General Dynamics Co. (NYSE:GD) insider S. Daniel Johnson sold 77,810 shares of the stock in a transaction on Friday, September 14th. The shares were sold at an average price of $199.85, for a total value of $15,550,328.50. Following the completion of the transaction, the insider now owns 99,333 shares of the company’s stock, valued at approximately $19,851,700.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Top 5 Cheap Stocks For 2019: Emerson Electric Company(EMR)

Advisors’ Opinion:

  • [By Asit Sharma]

    Diversified industrial conglomerate Emerson (NYSE:EMR) submitted its first-quarter 2019 earnings report on Tuesday. Three months into the new fiscal year, Emerson hit the low end of its full-year underlying revenue growth target range and tweaked earnings expectations slightly higher.

  • [By Lee Samaha]

    It’s not widely discussed, but the U.S. industrial economy fell into a recession for a brief period in 2015 and 2016, a downturn largely caused by falling energy prices and mining output, which in turn led to declines in heavy industries’ capital spending. The knock-on effects were seen in areas like construction and process automation. That hit companies like Emerson Electric (NYSE:EMR) hard.

  • [By Lee Samaha]

    Then factor in the cautious views Emerson Electric (NYSE:EMR) CEO David Farr expressed in November about growth in both China and Europe.  (Emerson is a peer, and tried to take over Rockwell in 2017.)

  • [By Benzinga News Desk]

    Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link

    ECONOMIC DATA
    Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY
    USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM
    New home sales report for March will be released at 10:00 a.m. ET.
    The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET.
    The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET.
    The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
    The Treasury will auction 2-year notes at 1:00 p.m. ET.
    ANALYST RATINGS
    Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform
    Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold
    Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral
    BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market Perform

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Neha Chamaria]

    The first list of Dividend Aristocrats published in 1989 comprised 26 stocks. Remarkably, nine of the 26 stocks are still part of the Dividend Aristocrat group.

    Dividend Aristocrat No. of Years of Consecutive Dividend Increases Payout Ratio (Last 12 Months) Current Dividend Yield
    Colgate-Palmolive Company (NYSE: CL) 55 67.6% 2.7%
    Dover Corp. (NYSE: DOV) 62 37.4% 2%
    Emerson Electric (NYSE: EMR) 60 69% 2.62%
    Genuine Parts Company (NYSE: GPC) 62 62.7% 3.12%
    Johnson & Johnson (NYSE: JNJ) 55 724.9% 2.57%
    Coca-Cola (NYSE: KO) 55 440.7% 3.5%
    Lowe’s Companies (NYSE: LOW) 55 37.4% 1.97%
    3M Company (NYSE: MMM) 60 70.4% 2.65%
    Procter & Gamble (NYSE: PG) 62 72.2% 3.94%

    Data source: S&P Global Market Intelligence, company financials, Yahoo Finance. Table by author. 

  • [By Shane Hupp]

    Element Capital Management LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 202,986 shares of the industrial products company’s stock, valued at approximately $13,864,000.

Top 5 Cheap Stocks For 2019: International Business Machines Corporation(IBM)

Advisors’ Opinion:

  • [By Money Morning Staff Reports]

    If you’re not making millions of dollars with cryptocurrencies… you could be. Click here to discover the coin that will soon be BIGGER THAN BITCOIN… and how to claim YOUR cryptocurrency fortune while you still can.

    On July 13, Coinbase announced it is “exploring” five new coins to add for trading. Those include: Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x. There could be short-term gains to be made if any of those cryptocurrencies are added, as Litecoin (LTC) prices climbed 32% the day after LTC started trading on Coinbase. Entrepreneur John McAfee, who believes Bitcoin prices will reach $1 million by 2020, said in a July 17 tweet that he was unsure if the recent rise in BTC prices signals a bull market. However, he said that he’s sure there will be a bull run at some point. The International Business Machines Corp. (NYSE: IBM) stock price is up over 2% today thanks to impressive Q2 earnings. Analysts were expecting earnings per share of $3.04 on $19.85 billion in revenue. Instead, IBM reported $3.08 on $20 billion in revenue. Earnings were helped by IBM’s “Strategic Imperatives” sector, which includes cloud computing, cybersecurity, and blockchain technology. Year-over-year revenue from Strategic Imperatives increased 15% to $39 billion.
    Finding the Next Crypto 10-Bagger

  • [By Todd Campbell]

    Fortunately, Berkshire Hathaway reveals which stocks the Oracle of Omaha is selling in its quarterly 13F filing with the Securities and Exchange Commission. The company’s latest filing shows he sold shares in Verisk Analytics, Inc. (NASDAQ:VRSK), IBM (NYSE:IBM), and Phillips 66 (NYSE:PSX). Is it time for these stocks to exit your portfolio, too?

  • [By Paul Ausick]

    International Business Machines Corp. (NYSE: IBM) traded up 1.96% at $140.17 in a 52-week range of $137.45 to $171.13. Volume was about 20% below the daily average of around 4.7 million shares. Now might be a good time to revisit the stock.

  • [By Paul Ausick]

    The Dow stock posting the largest daily percentage loss ahead of the close Wednesday was International Business Machines Corp. (NYSE: IBM) which traded down 7.68% at $148.54. The stock’s 52-week range is $139.13 to $171.13. Volume was more than three times the daily average of around 5.3 million. The company reported quarterly earnings last night and investors didn’t like what the saw or heard.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on IBM (IBM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Cheap Stocks For 2019: Rent-A-Center Inc.(RCII)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Rent-A-Center (RCII)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Shares of Rent-A-Center Inc (NASDAQ:RCII) have received a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $8.75.

  • [By Shane Hupp]

    Rent-A-Center Inc (NASDAQ:RCII) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 21,844,410 shares, a drop of 21.9% from the May 31st total of 27,979,079 shares. Based on an average daily volume of 5,032,779 shares, the short-interest ratio is presently 4.3 days. Currently, 45.0% of the shares of the stock are short sold.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Rent-A-Center (RCII)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Rent-A-Center (NASDAQ:RCII) gapped down before the market opened on Wednesday . The stock had previously closed at $9.36, but opened at $9.43. Rent-A-Center shares last traded at $9.54, with a volume of 375675 shares changing hands.

  • [By Logan Wallace]

    AerCap (NYSE: AER) and Rent-A-Center (NASDAQ:RCII) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, risk, analyst recommendations and valuation.

Top 5 Cheap Stocks For 2019: Kohl’s Corporation(KSS)

Advisors’ Opinion:

  • [By JJ Kinahan]

    Retailers sagged Tuesday, weighed down in part by a 6 percent drop in shares of Kohl’s Corporation (NYSE: KSS). The KSS losses came as something of a surprise considering the company’s solid earnings results first thing Tuesday morning, but then the earnings conference call began and the mood quickly changed. In the call, KSS attributed much of the company’s good sales to an early Mother’s Day marketing promotion. What doesn’t give Wall Street happiness is when you say something positive was a one-time event. It may not be exactly what the company meant, but the call did appear to take a lot of the pop out of what was a pretty nice earnings story.

  • [By ]

    Cramer and the AAP team say their favorite part of the Kohl’s (KSS) story is its ties with Amazon (AMZN) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS. 

  • [By Rich Duprey]

    There’s still no data from Kohl’s (NYSE:KSS) to back up whether its plan to accept package returns from Amazon.com (NASDAQ:AMZN) is working, but the retailer is expanding the number of stores that will accept returns for purchases made on the e-commerce site, which suggests it’s doing better than critics thought.

  • [By Garrett Baldwin]

    Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now it’s time to get even. Money Morning Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking. Read it here.

    The Top Stock Market Stories for Tuesday
    Despite all of the political noise, both China and the United States have agreed to take a step back and seriously pursue talks that may prevent further tariff impositions. The biggest development on the trade front is that the Trump administration is considering a plan to lift a sales ban on Chinese mobile giant ZTE. Shares of Micron Technology Inc. (Nasdaq: MU) are pushing higher after the company announced a $10 billion plan to buy back stock. Micron reported earnings on Monday, and the Boise-based firm easily topped Wall Street expectations. Facebook Inc. (Nasdaq: FB) was pushing a bit higher on Tuesday as the firm prepared to address data privacy issues in Europe. The social media giant’s CEO, Mark Zuckerberg, is set to speak before European lawmakers this morning. Zuckerberg will testify this morning, just three days after the European Union enforced more stringent laws on consumer data protection.
    Three Stocks to Watch Today: GM, KSS, TSLA
    Shares of General Motors Co. (NYSE: GM) were pushing higher after the auto giant reported that China will be lifting restrictions on U.S. automotive parts and cars. But GM isn’t the only beneficiary. Look for shares of Ford Motor Co. (NYSE: F) and Fiat Chrysler Automobiles NV (Nasdaq: FCAU) to also get a boost out of the Chinese economy. Shares of Kohl’s Corp. (NYSE: KSS) popped 5% after the firm beat earnings expectations and easily topped same-store sales during the first quarter. The company also raised its 2019 earnings numbers, which helped fuel investor sentiment. Shares of Tesla Inc. (Nasdaq: TSLA) are in focus

  • [By Adam Levine-Weinberg]

    After enduring several years of stagnant sales, Kohl’s (NYSE:KSS) has returned to meaningful growth over the past year. On Tuesday, the No. 2 U.S. department store chain continued its momentum, reporting solid comp sales growth and a huge jump in earnings per share for the second quarter.

  • [By Adam Levine-Weinberg]

    In this episode of Industry Focus: Consumer Goods, Vincent Shen and senior Motley Fool contributor Adam Levine-Weinberg dive into the latest developments from Macy’s (NYSE:M), Kohl’s (NYSE:KSS), and Dillard’s (NYSE:DDS), which have all enjoyed bullish rallies of 30% in the past month.

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