IN THE NEWS
The rate hike came as no surprise. The Federal Reserve was widely expected to announce a 25-basis-point pop after its Wednesday meeting: Link
Bitcoin prices are now down 52 percent year-to-date, but Mark Yusko, founder and CEO of Morgan Creek Capital Management, said Wednesday there's still a strong bull case to be made for bitcoin: Link
Wall Street analysts reflect on AT&T (NYSE: T)-Time Warner (NYSE: TWX) ruling and assess implications outside of tech and media: Link
With oil price recovery taking hold, several U.S. oil and gas companies entered 2018 with a compelling plan – sell undeveloped or less essential fields and invest the money to boost returns from their sweetest, most productive spots: Link
Microsoft Corp (NASDAQ: MSFT) is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon.com Inc’s (NASDAQ: AMZN) automated grocery shop, six people familiar with the matter told Reuters: Link
Some of the world’s biggest investors have a message for Wall Street: Stop reading over our shoulder: Link $
The Trump administration, deepening its global trade offensive, is preparing to levy tariffs on tens of billions of dollars of Chinese goods in the coming week, perhaps as early as Friday—a move that is likely to spark heavy retaliation from Beijing: Link
Top 5 Tech Stocks To Buy Right Now: JinkoSolar Holding Company Limited(JKS)
- [By Max Byerly]
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
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JinkoSolar Holding Co., Ltd. (JKS) stock closes Yesterday with $12.12 (nasdaqfortune.com) Roth Capital Downgrades JinkoSolar Holding Co., Ltd. (JKS) to Sell Citing Negative China Outlook (streetinsider.com) Review the Facts about stock: JinkoSolar Holding Co., Ltd. (JKS) (connectinginvestor.com) Featured Stock: Jinkosolar Holding Company Ltd (JKS) (emnnews.com)
Several research firms recently commented on JKS. Zacks Investment Research lowered shares of JinkoSolar from a “hold” rating to a “sell” rating in a research note on Thursday, June 7th. Credit Suisse Group reduced their price objective on shares of JinkoSolar from $22.00 to $13.00 and set a “neutral” rating for the company in a research note on Thursday, June 7th. UBS Group began coverage on shares of JinkoSolar in a research note on Friday, March 16th. They set a “buy” rating and a $26.00 price objective for the company. Roth Capital set a $19.00 price objective on shares of JinkoSolar and gave the stock a “hold” rating in a research note on Tuesday, March 27th. Finally, Goldman Sachs Group lowered shares of JinkoSolar to a “sell” rating in a research note on Wednesday, June 6th. Seven research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. JinkoSolar has an average rating of “Sell” and an average price target of $16.17.
- [By ]
Governmental action from the White House has added itself to the mix. In January, President Trump announced steep tariffs on imported solar panels. This did two things: It immediately made U.S.-produced solar panels a little more competitive than low-cost alternatives from China or South Korea. And, two, it has led to a solar manufacturing boom. Foreign companies are simply building factories here, changing the ZIP code on their shipping address and dodging Trump’s import duties without changing a single angle on the engineering specs. Since Mr. Trump announced his tariffs, China’s JinkoSolar (NYSE: JKS) has bought a plant in Jacksonville, Fla., First Solar (Nasdaq: FSLR) added to its manufacturing base in Ohio and SunPower (Nasdaq: SPWR) bought struggling SolarWorld Americas, which had petitioned the president for the tariffs, according to The Wall Street Journal.
- [By Jason Hall]
What a difference one year — and some major government policies — can make. In 2017, shares of SunPower (NASDAQ:SPWR), Canadian Solar Inc. (NASDAQ:CSIQ), JinkoSolar Holding Co., Ltd. (NYSE:JKS), and First Solar, Inc. (NASDAQ:FSLR) investors enjoyed solid gains of 28%, 38%, 58% and 110% respectively.
- [By Jonathan Schonfeld]
The Chinese stock market has entered bear market territory. The Shanghai Composite is off more than 20% since January. Ongoing concerns about the nation’s economic growth and a large-scale trade war with the United States have weighed on investor sentiment. This morning, U.S. Treasury Secretary Steven Mnuchin attempted to alleviate concerns about the ongoing selloff by rolling back statements on the nation’s intention to limit domestic Chinese investment. Gold prices took a beating last week, but sentiment may have finally hit an intermediate-term bottom – and it could make this moment one of the best buying opportunities you’ll see. Money Morning Resource Specialist Peter Krauth explains why now is the time to buy gold. Canada is in the process of legalizing weed, and that’s opening the floodgates for billions of dollars to flow into the industry. On June 19, the Canadian Senate voted to legalize recreational marijuana use. By Oct. 17, Canadian Prime Minister Justin Trudeau wants recreational sales to start, according to CBS. Here’s how you can profit from this event.
Three Stocks to Watch Today: GE, BHGE, HOG
General Electric Co. (NYSE: GE) stock popped 5.5% after the company announced a series of spin-off plans on Tuesday. The company said that it will divest its GE Healthcare business and sell its stake in oilfield services giant Baker Hughes Co. (NYSE: BHGE). General Electric, which was recently dropped from the Dow Jones Industrial Average, will now focus exclusively on its aviation, power, and renewable energy businesses. Harley Davidson Inc. (NYSE: HOG) is taking criticism from President Trump. The company recently said it will be moving some of its U.S. production abroad due to tariffs from the European Union. The iconic motorcycle giant had previously said that tariffs would add an additional $2,200 in cost to every motorcycle that it sold. Trump threatened the company earlier today, stating that if it moves operations over sea, “they
- [By Travis Hoium]
The impact will have ripple effects across the industry. Major manufacturers like Canadian Solar (NASDAQ:CSIQ), JinkoSolar (NYSE:JKS), Hanwha Q Cells (NASDAQ:HQCL), and JA Solar (NASDAQ:JASO) will see margins squeezed as volume and sales prices fall. They were all enjoying higher margins and strong demand in early 2018, so the could reverse to net losses later this year.
Top 5 Tech Stocks To Buy Right Now: Yingli Green Energy Holding Company Limited(YGE)
- [By Logan Wallace]
ValuEngine upgraded shares of Yingli (NYSE:YGE) from a sell rating to a hold rating in a report published on Saturday morning.
Yingli stock opened at $1.60 on Friday. The company has a market capitalization of $30.36 million, a PE ratio of -0.17 and a beta of 1.98. Yingli has a twelve month low of $1.43 and a twelve month high of $2.86. The company has a quick ratio of 0.33, a current ratio of 0.40 and a debt-to-equity ratio of -0.11.
- [By Paul Ausick]
Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) slipped about 1.2% to post a new 52-week low of $1.68 Friday after closing at $1.70 on Thursday. The 52-week high is $3.35. Volume of about 5.9 million was more than 15 times the daily average of around 88,000. The company had no specific news.
- [By Joseph Griffin]
Yingli Green Energy (NYSE:YGE) had its target price raised by S&P Equity Research from $0.45 to $0.62 in a research report released on Tuesday morning.
Top 5 Tech Stocks To Buy Right Now: Intuit Inc.(INTU)
- [By Daniel Sparks]
Square’s valuation was undoubtedly becoming a little stretched at $100 per share. The company’s price-to-sales ratio was closing in on 15 — well ahead of competitors like Salesforce.com (NYSE:CRM) and Intuit (NASDAQ:INTU). But now Square’s price-to-sales ratio of 10 puts it only at a slight premium to these same peers who both have price-to-sales ratios of about 9.
- [By Daniel Sparks]
Financial software company Intuit (NASDAQ:INTU) dropped a surprise Thursday afternoon alongside its fiscal fourth-quarter earnings release. The company said both its chief executive officer and chief technology officer are stepping down at the end of the calendar year.
- [By Shane Hupp]
Intuit (NASDAQ:INTU) had its price target lifted by Stifel Nicolaus from $240.00 to $250.00 in a research report sent to investors on Friday morning, The Fly reports. Stifel Nicolaus currently has a buy rating on the software maker’s stock.
- [By Daniel Sparks]
Intuit Inc.’s (NASDAQ:INTU) third-quarter earnings release showed a company firing on all cylinders. The financial software company saw a 15% increase in revenue, 12% higher operating income, and 45% growth in Quickbooks Online subscribers on a year-over-year basis. Topping it all off, Intuit raised its guidance for fiscal 2018 full-year revenue, to a 12% to 14% year-over-year increase in the key metric.
Top 5 Tech Stocks To Buy Right Now: Arista Networks, Inc.(ANET)
- [By Nicholas Rossolillo]
Though 2018 ended on a sour note, shares of cloud-computing hardware provider Arista Networks (NYSE:ANET) have been rallying on strong results. It has become a leader in data center and related technology — including 100G and the new 400G speed standards — and the hardware company continues to post growth rates well into the double digits. With momentum at its back and the internet only growing in importance in the global economy, it’s not too late to jump aboard the Arista Networks train.
- [By Garrett Baldwin]
By following a few simple steps, one IRS directive could help set you up to receive checks of up to $1,795 every single month. Hordes of Americans have already signed their names to the distribution list – and the longer you wait, the greater your risk of missing out on this powerful investment. Click here for more details.
Stocks to Watch Today: YELP, CSCO, AAPL, NFLX
Shares of Yelp Inc. (NASDAQ: YELP) added 5.5% after the consumer platform crushed earnings expectations and hiked its stock buyback program by $250 million. The strong earnings report comes a month after news emerged that one of its largest shareholders – SQN Investors – had launched a proxy fight against the company. SQN wants to see the firm improve financial performance and consider selling. On Wednesday, the company also announced three new board members. Shares of Cisco Systems Inc. (NASDAQ: CSCO) popped more than 3.4% after the tech giant topped Wall Street earnings after the bell Wednesday. The firm reported earnings per share of $0.73, beating expectations by $0.01. The company also issued revenue and a third-quarter forecast in line with analysts’ estimates. Cisco will also increase its stock buyback program by a whopping $15 billion. Apple Inc. (NASDAQ: AAPL) is taking dead aim at streaming giant Netflix Inc. (NASDAQ: NFLX) and premium content provider HBO. The tech giant is planning to unveil a new streaming product that will offer free original content to owners of Apple devices. According to reports, neither Netflix nor Hulu are expected to be a part of this new “Channels” service. The platform will be like the application developed by Amazon.com Inc. (NASDAQ: AMZN) for its Prime Video Channels. Look for other earnings reports from Ares Management Corp. (NASDAQ: ARES), Arista Networks Inc. (NASDAQ: ANET), AstraZeneca Plc. (NYSE: AZN), Bloomin’ Brands Inc. (NASDAQ: BLMN), CBS Corp. (NYSE: CBS), Coca-Cola Co. (NYSE: KO), Credit Suisse Group AG (NYSE: CS), Duk
- [By Timothy Green]
Shares of Arista Networks (NYSE:ANET) jumped on Friday after S&P Dow Jones Indices announced that the networking solutions provider would be added to the S&P 500 index. The stock was up about 9.1% at 11:35 a.m. EDT.
- [By Logan Wallace]
Credit Suisse Group set a $311.00 target price on Arista Networks (NYSE:ANET) in a research report released on Thursday morning, Marketbeat.com reports. The firm currently has a buy rating on the technology company’s stock.
Top 5 Tech Stocks To Buy Right Now: Consolidated Communications Holdings Inc.(CNSL)
- [By Dustin Parrett]
Just look at the first stock on our list. Its dividend is yielding 13.62%, and it’s loaded with the potential to return 80% gains over the next 12 months…
Best Dividend Stocks for Growth, No. 3: Consolidated Communications Holdings Inc. (Nasdaq: CNSL)
Consolidated Communications Holdings Inc. (Nasdaq: CNSL) is an Internet service provider (ISP) specializing in high-speed, broadband Internet networks in the northeastern United States.
- [By Ethan Ryder]
Consolidated Communications (NASDAQ:CNSL) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
- [By Ethan Ryder]
Consolidated Communications (NASDAQ: CNSL) is one of 74 public companies in the “Telephone communication, except radio” industry, but how does it contrast to its peers? We will compare Consolidated Communications to related companies based on the strength of its analyst recommendations, profitability, earnings, dividends, institutional ownership, valuation and risk.
- [By Logan Wallace]
Consolidated Communications (NASDAQ: CNSL) and Liberty Braves Group Series C (NASDAQ:BATRK) are both small-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, risk, profitability, valuation and earnings.
- [By Max Byerly]
Frontier Communications (NASDAQ: FTR) and Consolidated Communications (NASDAQ:CNSL) are both small-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, profitability, risk, earnings, analyst recommendations and valuation.
- [By Motley Fool Transcribers]
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL)Q4 2018 Earnings Conference CallFeb. 21, 2019, 10:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants