Top Biotech Stocks To Buy For 2019

Veracyte Inc (NASDAQ:VCYT) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 785,190 shares, a growth of 44.2% from the July 31st total of 544,533 shares. Based on an average daily volume of 376,158 shares, the days-to-cover ratio is currently 2.1 days. Approximately 3.2% of the shares of the company are sold short.

Shares of NASDAQ:VCYT opened at $12.29 on Wednesday. The company has a market cap of $425.11 million, a P/E ratio of -13.51 and a beta of 1.73. Veracyte has a 1 year low of $5.23 and a 1 year high of $12.39. The company has a debt-to-equity ratio of 0.98, a quick ratio of 3.71 and a current ratio of 4.01.

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Veracyte (NASDAQ:VCYT) last released its earnings results on Monday, July 23rd. The biotechnology company reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.09. Veracyte had a negative return on equity of 91.03% and a negative net margin of 38.69%. The firm had revenue of $22.75 million during the quarter, compared to analysts’ expectations of $20.67 million. analysts anticipate that Veracyte will post -0.9 EPS for the current fiscal year.

Top Biotech Stocks To Buy For 2019: Bank Of Montreal(BMO)

Advisors’ Opinion:

  • [By Max Byerly]

    Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

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    The Bank of Montreal (TSX:BMO) Data Breach: Is Now the Time to Load Up on Cybersecurity Stocks? (msn.com) Q3 2018 EPS Estimates for Bank of Montreal Decreased by Analyst (BMO) (americanbankingnews.com) Brokers Set Expectations for Bank of Montreal’s FY2018 Earnings (BMO) (americanbankingnews.com) Why Canada’s big banks aren’t too worried about household debt (business.financialpost.com) Former Lunenburg bank spared from becoming ‘another hipster café,’ says new owner (cbc.ca)

    Several equities analysts have issued reports on BMO shares. Zacks Investment Research upgraded shares of Bank of Montreal from a “sell” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Tuesday, May 1st. ValuEngine downgraded shares of Bank of Montreal from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. National Bank Financial upgraded shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating in a research note on Thursday. Finally, Macquarie upgraded shares of Bank of Montreal from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 15th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $95.75.

  • [By Shane Hupp]

    Millennium Management LLC bought a new position in shares of Bank of Montreal (NYSE:BMO) (TSE:BMO) during the first quarter, according to its most recent filing with the SEC. The fund bought 2,853 shares of the bank’s stock, valued at approximately $216,000.

  • [By Max Byerly]

    Shares of Bank of Montreal (NYSE:BMO) (TSE:BMO) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $116.00.

  • [By Ethan Ryder]

    In other news, insider Ron Farmer acquired 1,000 shares of the business’s stock in a transaction dated Friday, December 21st. The stock was acquired at an average price of C$87.92 per share, with a total value of C$87,920.00. Following the completion of the transaction, the insider now directly owns 4,000 shares in the company, valued at approximately C$351,680. Also, Director Craig Wyeth Broderick acquired 1,130 shares of the business’s stock in a transaction dated Wednesday, December 12th. The stock was purchased at an average cost of C$68.37 per share, with a total value of C$77,258.10. In the last three months, insiders bought 3,130 shares of company stock valued at $254,528.

    ILLEGAL ACTIVITY NOTICE: “Bank of Montreal (BMO) to Release Quarterly Earnings on Tuesday” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at www.tickerreport.com/banking-finance/4177317/bank-of-montreal-bmo-to-release-quarterly-earnings-on-tuesday.html.

    About Bank of Montreal

  • [By Max Byerly]

    Bank of Montreal (NYSE:BMO) (TSE:BMO) – Investment analysts at National Bank Financial decreased their Q1 2019 earnings per share estimates for Bank of Montreal in a research report issued on Monday, August 13th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings per share of $1.73 for the quarter, down from their prior estimate of $1.79. National Bank Financial currently has a “Outperform” rating on the stock.

Top Biotech Stocks To Buy For 2019: Voya Global Equity Dividend and Premium Opportunity Fund(IGD)

Advisors’ Opinion:

  • [By Shane Hupp]

    Voya Global Equity Div & Prm Oppty Fund (NYSE:IGD) declared a monthly dividend on Tuesday, September 18th, Wall Street Journal reports. Shareholders of record on Tuesday, October 2nd will be given a dividend of 0.061 per share by the investment management company on Monday, October 15th. This represents a $0.73 dividend on an annualized basis and a yield of 9.89%. The ex-dividend date of this dividend is Monday, October 1st.

Top Biotech Stocks To Buy For 2019: Ossen Innovation Co., Ltd.(OSN)

Advisors’ Opinion:

  • [By Stephan Byrd]

    News articles about Ossen Innovation (NASDAQ:OSN) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ossen Innovation earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.9401388856467 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Lisa Levin] Gainers
    Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday.
    Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings.
    Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744.
    Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share.
    Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban.
    Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results.
    California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings.
    Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results.
    Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance.
    Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46.
    Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results.
    Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance.
    Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter.
    Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36.
    Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings.
    Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result

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