U.S. equity markets closed solidly lower on Tuesday with the Dow industrials halting their eight-day advance. The selling on Wall Street was accompanied by a rise in bond yields, with the 10-year Treasury yield topping 3.07%. The Dow Jones Industrial Average
lost 193.00 points, or 0.8%, to 24,706.41, putting an end to a 8-day rally, the longest since last September. The S&P 500 index
fell 18.69 points, or 0.7% to 2,711.44. Meanwhile the Nasdaq Composite
declined 59.69 points, or 0.8% to 7,351.63. Among the worst performers on the S&P 500, Agilent Technologies
shares dropped nearly 10% after the maker of medical instruments and other equipment posted quarterly earnings that matched forecasts late Monday.
Top 5 Medical Stocks To Buy Right Now: Destination Maternity Corporation(DEST)
- [By Lisa Levin] Gainers
Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity.
Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process.
Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results.
Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58.
Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009.
The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results.
Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613.
Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan.
AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65.
nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results.
Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303.
Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results.
Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake.
HUYA Inc. (NYSE: HUYA) gained 13.1
- [By Lisa Levin]
Destination Maternity Corporation (NASDAQ: DEST) shares were also up, gaining 15 percent to $3.343 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan.
- [By Alexander Bird]
Here are last week’s top-performing penny stocks:
Penny Stock Current Share Price Last Week’s Gain
Ambow Education Holdings Ltd. (NYSE: AMBO) $5.70 77.11%
Nano Dimension (Nasdaq: NNDM) $2.61 75.11%
Destination Maternity Corp. (Nasdaq: DEST) $5.79 71.84%
CLPS Inc. (Nasdaq: CLPS) $9.72 71.15%
NII Holdings Inc. (Nasdaq: NIHD) $3.20 56.33%
Viveve Medical Inc. (Nasdaq: VIVE) $3.78 51.98%
Galectin Therapeutics Inc. (Nasdaq: GALT) $9.18 41.82%
Apricus Biosciences Inc. (Nasdaq: APRI) $0.36 34.70%
Polymet Mining Corp. (NYSE: PLM) $1.01 31.13%
Xenon Pharmaceuticals Inc. (Nasdaq: XENE) $8.20 28.46%
Many investors struggle with finding stocks with this sort of breakout potential because they don’t know where to look.
- [By Logan Wallace]
Cato (NYSE: CATO) and Destination Maternity (NASDAQ:DEST) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their risk, dividends, valuation, institutional ownership, profitability, earnings and analyst recommendations.
Top 5 Medical Stocks To Buy Right Now: Pioneer Floating Rate Trust(PHD)
- [By Ethan Ryder]
News headlines about Pioneer Floating Rate Trust (NYSE:PHD) have trended somewhat positive on Thursday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pioneer Floating Rate Trust earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 46.8710327510951 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Top 5 Medical Stocks To Buy Right Now: Home Depot, Inc. (HD)
- [By Max Byerly]
Morgens Waterfall Vintiadis & Co. Inc. trimmed its stake in shares of Home Depot Inc (NYSE:HD) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,100 shares of the home improvement retailer’s stock after selling 1,900 shares during the quarter. Home Depot makes up 2.7% of Morgens Waterfall Vintiadis & Co. Inc.’s portfolio, making the stock its 19th biggest position. Morgens Waterfall Vintiadis & Co. Inc.’s holdings in Home Depot were worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Paul Ausick]
Home Depot Inc. (NYSE: HD) was the lowest scoring specialty store with an index score of 76 versus a category average of 79. The best score went to L Brands Inc. (NYSE: LB) with a score of 85 at its Victoria’s Secret and Bath & Body Works stores. Sporting goods retailer Cabela’s, now part of Bass Pro Shops, ranked second with a score of 82.
- [By ]
Tuesday, earnings are scheduled for Dick’s Sporting Goods Inc. (DKS) and Home Depot Inc. (HD) . Retail sales statistics for April are also expected at 8:30 a.m. ET Tuesday. FactSet economists forecast a reading of 0.4% growth, down slightly from 0.6% a month earlier. San Francisco Fed President John C. Williams will speak in Minneapolis.
- [By Demitrios Kalogeropoulos]
Like its rival Home Depot(NYSE:HD) did a week before,Lowe’s(NYSE:LOW) just announced first-quarter earnings results that were hurt by a soft start to the critical spring selling season. The home improvement retailer suffered from a more significant slowdown than its larger peer as winter weather depressed demand for seasonal outdoor products. Yet management still affirmed its full-year forecast.
- [By Demitrios Kalogeropoulos]
Lowe’s reports its earnings on Wednesday and, given the recent stellar performance from Home Depot (NYSE: HD), its results should show healthy growth powered by a robust home improvement market. However, Lowe’s isn’t benefiting from the industry gains to nearly the same degree as Home Depot.
Top 5 Medical Stocks To Buy Right Now: CPI Aerostructures, Inc.(CVU)
- [By Ethan Ryder]
Penn Capital Management Co. Inc. lessened its holdings in shares of CPI Aero (NYSEAMERICAN:CVU) by 22.5% in the 1st quarter, Holdings Channel reports. The firm owned 253,588 shares of the aerospace company’s stock after selling 73,720 shares during the quarter. Penn Capital Management Co. Inc.’s holdings in CPI Aero were worth $2,472,000 as of its most recent filing with the SEC.
- [By Lisa Levin]
CPI Aerostructures, Inc. (NYSE: CVU) is estimated to report quarterly earnings at $0.1 per share on revenue of $18.50 million.
SORL Auto Parts, Inc. (NASDAQ: SORL) is expected to report quarterly earnings at $0.19 per share on revenue of $86.96 million.
Top 5 Medical Stocks To Buy Right Now: Tetra Technologies, Inc.(TTI)
- [By Stephan Byrd]
Tetra Technologies (NYSE: TTI) and Chaparral Energy (OTCMKTS:CHPE) are both small-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.
- [By Lee Jackson]
This small-cap oilfield services play has some big upside potential. Tetra Technologies Inc. (NYSE: TTI) is a diversified oil and gas services company, with the bulk of its revenue derived from drilling and completion fluids, as well as contract compression services by way of its 42% stake in CSI Compressco.