EMM & QNX will be the growth drivers going forward. But the risks in BlackBerry stock continue to remain elevated.
BlackBerry(NSDQ:BBRY)stock is a very volatile stock. When the company announced its latest set of earnings on the 20th of December, the share price rose to around $8 a share, but since then has plummeted back down to the $7 level. Blackberry is unique in that it is a low priced stock but is just as liquid as many of its peers. This combined with the volatility of the tech sector attracts all types of investors and traders as volatility is a guarantee (which we have obviously seen over the past week or so).
BlackBerry’s latest fiscal third quarter was definitely a mixed bag. On one hand, you had aggressive margin expansion and a surprising profitable quarter on a non-GAAP basis, but on the other hand, top line came in $20 million short of what was expected. A return to revenue growth is expected next year with enterprise software & QNX probably leading the way. Blackberryand its investors know that if this company can comprehensively combine these areas as well as its security wing to work cohesively in the emerging Internet Of Things market (IoT), then this company will have a strategic competitive advantage. Blackberry’s pivot from hardware to software may have been well timed but I would still recommend caution. Here are three reasons to back up my case.
Top 5 Low Price Stocks To Watch Right Now: NeuroMetrix Inc.(NURO)
- [By WWW.MONEYSHOW.COM]
NeuroMetrix (NURO) makes and markets wearable neuro-stimulation therapeutic devices. Cash per share is $1.37, with the stock selling more than 20% below that.
Top 5 Low Price Stocks To Watch Right Now: athenahealth, Inc.(ATHN)
- [By WWW.THESTREET.COM]
Shares of Athena Health (ATHN) are up 37% in just over a month. Is there still more room to run?
Cramer said for years Athena had been a fast-growing stock, but as the company transitioned from growth to profitability, things began to get ugly. The company’s bombastic CEO, and his “colorful” personality began to rub shareholders the wrong way.
- [By Ben Levisohn]
Athenahealth (ATHN) last night announced that its CFO and administrative chief, Kristi Matus, would be leaving the company. Her departure has not been embraced by investors, who have pushed shares lower today. Leerink’s David Larsen understands their concerns:
In our view, the CFO departure may be indicative of internal operational challenges. We still think it is possible that Kristi Matus is seeking an environment that is not as demanding as ATHN, though this has not been confirmed by management. Management harped on the point that bifurcation is part of the strategic initiative of ATHN to reenergize the culture of the company, and Jonathan Bush noted how he himself hopes to spend more time on talent and culture and less time on entering new markets and building new products.
We continue to believe that ATHN is facing challenges. We continue to believe the market is fundamentally slowing and bookings growth may become more lumpy as we progress through 2016. We still believe there will be a slow-down in the bookings growth rate b/c of a possible slow-down in the ambulatory EMR market and the fact that we are in the final payment year of Meaningful Use. Much of the call focused on Kristi Matus’s departure as a major loss for the company of a leader who was “masterful with investors.” According to management, the decision to split the CFO and CFAO responsibilities was not a reflection of her ability.
Baird’s Matthew Gillmor and Sean McBride are less worried:
The unexpected resignation of CFO Kristi Matus is disappointing, but the reasons for her departure seem somewhat understandable, in our view (potentially viewed bifurcation of CFO/CAO role as a demotion). We think incoming CFO Karl Stubelis is very strong and should provide helpful continuity, both internally and externally (currently serves as Controller and previously as acting CFO). Finally, the CFO change does not change our positive long-term thesi
- [By Dan Caplinger]
Meanwhile, earnings season continued to play out, and although the technology industry saw some extremely encouraging reports, not all stocks participated in the rally. Athenahealth (NASDAQ:ATHN), Synchrony Financial (NYSE:SYF), and Time (NYSE:TIME) 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.
- [By ]
Under a single-payer system, healthcare becomes a regulated utility much like electricity with just a few large, best-in-class players. Athenahealth (Nasdaq: ATHN) could combine with Walgreen Boots Alliance (NYSE: WBA). Maybe each monolith will cover a specific region like Southern Company (NYSE: SO) and Consolidated Edison (NYSE: ED).
Top 5 Low Price Stocks To Watch Right Now: Teladoc, Inc.(TDOC)
- [By Steve Symington, Rich Smith, and Keith Speights]
But from an investor’s perspective, that raises the question: Are there other stocks that could offer similar returns?So we asked three top Motley Fool contributors to each pick a stock they believe hasNVIDIA-like return potential. Read on to see why they chose CalAmp (NASDAQ:CAMP), Kratos Defense & Security (NASDAQ:KTOS), and Teladoc (NYSE:TDOC).
- [By Peter Graham]
Small cap telehealth stock Teladoc Inc (NYSE: TDOC) is theninth most shorted stock on the NYSE with short interest of 43.00% according toHighshortinterest.com. Teladoc calls itself the worlds largest and most trusted provider of virtual healthcare delivery services. The Company provides virtual access to high quality care and expertise with a portfolio of services and solutions inclusive of coverage of 450 medical subspecialties that spans the spectrum from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure.
- [By Lisa Levin]
Teladoc Inc (NASDAQ: TDOC) was down, falling around 6 percent to $33.70. First Baird downgraded Teladoc from Outperform to Neutral.
Top 5 Low Price Stocks To Watch Right Now: Intelsat S.A.(I)
- [By Money Morning News Team]
Seadrill Ltd. (NYSE: SDRL) $0.28 33.81%
Intelsat Corp. (NYSE: I) $9.11 31.50%
Navios Maritime Midstream Partners LP (NYE: NAP) $4.42 29.18%
Limelight Networks Inc. (Nasdaq: LLNW) $4.89 28.61%
Enphase Energy Inc. (Nasdaq: ENPH) $5.05 24.62%
As you can see in the table above, penny stocks have the potential to provide tremendous returns for enterprising investors. However, it’s important to note that investing in penny stocks is also incredibly risky.
- [By Peter Graham]
A long term performance chart shows shares of Globalstar, Inc (NYSEMKT: GSAT) followed by ORBCOMM Inc (NASDAQ: ORBC) being big winners while Iridium Communications has given a positive performance and Intelsat SA (NYSE: I) has been a big looser:
- [By Lisa Levin]
Tuesday afternoon, the telecommunication services shares climbed 1.18 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 7 percent, and Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE: TLK), up 3 percent.
- [By Money Morning Staff Reports]
That’s why today we’ll show you one of our expert recommendations along with the 10 top-performing penny stocks to watch this week…
Penny Stocks Current Share Price
(as of Feb. 20) Feb. 12-20 Gain
(as of Feb. 20)
POET Technologies Inc. (OTCMKTS: POETF) $0.4165 85.1%
Finjan Holdings Inc. (Nasdaq: FNJN) $2.94 67.05%
Intelsat SA (NYSE: I) $3.50 38.89%
Genesis Healthcare Inc. (NYSE: GEN) $1.39 37.62%
Paringa Resources Ltd. (OTCMKTS: PNGZF) $0.41 32.30%
CytoDyn Inc. (OTCMKTS: CYDY) $0.76 31.03%
Iconix Brand Group Inc. (Nasdaq: ICON) $1.65 30.95%
AMERI Holdings Inc. (Nasdaq: AMRH) $2.49 29.69%
Pangea Logistics Solutions Ltd. (Nasdaq: PANL) $2.87 26.99%
MoSys Inc. (Nasdaq: MOSY) $1.47 25.68%
FREE PROFIT ALERTS: Get real-time recommendations on the best penny stock opportunities the moment we release them. Just sign up here, it’s completely free…
Top 5 Low Price Stocks To Watch Right Now: Kinross Gold Corporation(KGC)
- [By Scott Levine]
Instead of the P/E, therefore, we’ll consider the companies on the basis of price-to-cash from operations on a trailing-12-month (TTM) basis. Cash flow, after all, is one thing management can’t be massaged.
CompanyPrice-to-CFO Per Share (TTM)
Eldorado Gold 17.9
Agnico Eagle Mines 11.2
Barrick Gold 7.9
Newmont Mining 6.2
IAMGOLD (NYSE:IAG) 4.6
Yamana Gold (NYSE:AUY) 3.6
Kinross Gold (NYSE:KGC) 3.6
Data Source: YCharts.
- [By Lisa Levin]
Friday afternoon, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Kinross Gold Corporation (USA) (NYSE: KGC) and Yamana Gold Inc. (USA) (NYSE: AUY).
- [By Wayne Duggan]
Citi also placed Neutral ratings on Goldcorp Inc. (USA) (NYSE: GG), Kinross Gold Corporation (USA) (NYSE: KGC) and Silver Standard Resources Inc. (USA) (NASDAQ: SSRI).