It has been a little while since I covered Assurant (NYSE:AIZ), but I still remain comfortable on the long side. In fact, I took the opportunity to double down in the November 2016 sell off, and since then, the stock price has improved measurably, flirting with all-time highs. If Seeking Alpha makes for a good benchmark on sentiment (recent research by Aaron Zimmerman here and Greg Wajda here), the overall market remains intrigued – but cautious – on the transformation underway at this insurer. I’ve been a fan of recent events, particularly Q1 2017 results, but before we get into that, it is worth a reminder on why exactly I, and many other shareholders, got involved with Assurant in the first place:
Small relative size makes Assurant prime for growth or for a potential acquisition. Shift into niche fee-based, capital light businesses provide a chance for return expansion. Growing service contract business, mobile device businesses generate predictable cash flows Massive capital return program remains in place, substantial buybacks already through Q1 2017.
Top Growth Stocks To Invest In 2019: Gentex Corporation(GNTX)
- [By Maxx Chatsko]
The good news is that investors looking for opportunities in the future of transportation and renewables have more options than Tesla. Two stocks to consider: niche auto parts supplier Gentex (NASDAQ:GNTX) and well-positioned solar component supplier SolarEdge Technologies (NASDAQ:SEDG).
- [By Max Byerly]
Gentex Co. (NASDAQ:GNTX) reached a new 52-week high and low during trading on Tuesday . The company traded as low as $25.38 and last traded at $25.31, with a volume of 61480 shares trading hands. The stock had previously closed at $25.10.
- [By Logan Wallace]
Gentex (NASDAQ: GNTX) and Tenneco (NYSE:TEN) are both mid-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, risk, earnings and dividends.
- [By Stephan Byrd]
Delphi Technologies (NYSE: DLPH) and Gentex (NASDAQ:GNTX) are both mid-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends and earnings.
- [By Shane Hupp]
Gentex (NASDAQ: GNTX) is one of 45 publicly-traded companies in the “Motor vehicle parts & accessories” industry, but how does it contrast to its competitors? We will compare Gentex to related companies based on the strength of its profitability, dividends, institutional ownership, earnings, analyst recommendations, risk and valuation.
- [By Ethan Ryder]
BidaskClub downgraded shares of Gentex (NASDAQ:GNTX) from a buy rating to a hold rating in a research report released on Saturday morning.
GNTX has been the topic of several other reports. Susquehanna Bancshares set a $25.00 price target on shares of Gentex and gave the stock a hold rating in a research note on Sunday, April 22nd. ValuEngine downgraded shares of Gentex from a buy rating to a hold rating in a research note on Wednesday, May 2nd. Zacks Investment Research raised shares of Gentex from a hold rating to a buy rating and set a $25.00 price target on the stock in a research note on Monday, April 23rd. Longbow Research reissued a buy rating and issued a $28.00 price target on shares of Gentex in a research note on Monday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Gentex from $26.00 to $25.00 and set a neutral rating on the stock in a research note on Tuesday, April 24th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $25.60.
Top Growth Stocks To Invest In 2019: American Capital Mortgage Investment Corp.(MTGE)
- [By Max Byerly]
BidaskClub upgraded shares of MTGE Investment (NASDAQ:MTGE) from a hold rating to a buy rating in a research note published on Thursday.
A number of other brokerages have also weighed in on MTGE. Keefe, Bruyette & Woods lowered shares of MTGE Investment from an outperform rating to a market perform rating in a research report on Monday, May 7th. Maxim Group lowered shares of MTGE Investment from a buy rating to a hold rating and cut their target price for the company from $21.00 to $19.75 in a research report on Friday, May 4th. Finally, ValuEngine lowered shares of MTGE Investment from a buy rating to a hold rating in a research report on Wednesday, May 2nd.
Top Growth Stocks To Invest In 2019: Vaalco Energy Inc(EGY)
- [By Lisa Levin] Gainers
SenesTech, Inc. (NASDAQ: SNES) shares jumped 113.5 percent to $0.6737 after the California Department of Pesticide Regulation proposed to register the company's ContraPest for sale and use in California.
AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares rose 35.34 percent to close at $3.32.
Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) shares gained 30.36 percent to $3.65.
Xtant Medical Holdings, Inc. (NYSE: XTNT) shares jumped 25.6 percent to $7.4701 after the company disclosed that it has received the FDA clearance for InTice™-C Porous Titanium Cervical Interbody System.
VAALCO Energy, Inc. (NYSE: EGY) shares surged 20 percent to $2.495.
TransGlobe Energy Corporation (NASDAQ: TGA) surged 17.04 percent to $2.61.
Boxlight Corporation (NASDAQ: BOXL) gained 15 percent to $8.32 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the development of next generation interactive educational activities.
Arcimoto, Inc. (NASDAQ: FUV) gained 15 percent to $3.39.
MB Financial, Inc. (NASDAQ: MBFI) rose 13.7 percent to $49.64. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
FRONTEO, Inc. (NASDAQ: FTEO) shares rose 11.8 percent to $20.956.
TransEnterix, Inc. (NYSE: TRXC) shares jumped 11.1 percent to $3.38.
21Vianet Group, Inc. (NASDAQ: VNET) rose 10.6 percent to $7.41.
NII Holdings, Inc. (NASDAQ: NIHD) shares gained 9 percent to $2.32.
Kelly Services, Inc. (NASDAQ: KELYA) rose 7.6 percent to $24.19. Northcoast Research upgraded Kelly Services from Neutral to Buy.
LaSalle Hotel Properties (NYSE: LHO) shares climbed 5.6 percent to $33.70. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported.
Alteryx, Inc. (NYSE: AYX) gained 5.5 percent to $32.56. KeyBanc upgraded Alteryx from Sector Weight to Overweight.
Energizer Holdings, Inc. (NYSE:
- [By Money Morning News Team]
And after taking a look at our 10 top penny stocks to watch, we’ll show you a small-cap stock that just signed a deal with Facebook Inc. (Nasdaq:FB)…
Penny Stock Current Share Price Law Week’s Gain
Blink Charging Co. (Nasdaq: BLNK) $6.00 288.51%
Enterprise GP Holdings LP (NYSE: EPE) $2.94 44.00%
Opko Health Inc. (Nasdaq: OPK) $4.79 43.49%
MYnd Analytics Inc. (Nasdaq: MYND) $3.15 38.84%
Arrowhead Pharmaceuticals Inc. (Nasdaq: ARWR) $0.52 37.80%
Mid-Con Energy Partners LP (Nasdaq: MCEP) $2.08 36.81%
VAALCO Energy (NYSE: EGY) $1.49 36.04%
Cel-Sci Corp. (NYSE: CVM) $3.16 35.04%
WideOpenWest Inc. (NYSE: WOW) $8.41 34.52%
Legacy Reserves LP (Nasdaq: LGCY) $8.43 33.61%
While these gains are certainly exciting, it’s important to recognize that investing in penny stocks is also a risky investment strategy.
- [By Lisa Levin] Gainers
Cara Therapeutics, Inc. (NASDAQ: CARA) shares jumped 28.5 percent to $14.91 in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million.
EVO Payments, Inc. (NASDAQ: EVOP) rose 21.5 percent to $19.44. EVO Payments priced its IPO at $16 per share.
Tiffany & Co. (NYSE: TIF) jumped 16.3 percent to $118.92 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
Ralph Lauren Corporation (NYSE: RL) shares gained 13.4 percent to $132.225 after the company reported stronger-than-expected results for its fourth quarter.
OneSmart International Edun Gr Ltd – ADR (NYSE: ONE) shares rose 12.2 percent to $13.52
Heat Biologics, Inc. (NASDAQ: HTBX) shares gained 11.4 percent to $2.2164 after surging 12.43 percent on Tuesday.
USA Technologies, Inc. (NASDAQ: USAT) rose 10.4 percent to $13.02 after announcing pricing of public offering.
KemPharm, Inc. (NASDAQ: KMPH) gained 10.3 percent to $6.725. Janney Capital initiated coverage on KemPharm with a Buy rating.
Heat Biologics, Inc. (NASDAQ: HTBX) shares rose 10 percent to $2.1894 after climbing 12.43 percent on Tuesday.
Lowe's Companies, Inc. (NYSE: LOW) rose 9.5 percent to $93.92. Lowe's reported downbeat results for its first quarter on Wednesday.
xG Technology, Inc. (NASDAQ: XGTI) jumped 9.1 percent to $0.829 after the company’s subsidiary IMT Vislink received a $1.4 million order from the U.S. Air Force.
VAALCO Energy, Inc. (NYSE: EGY) rose 8.6 percent to $2.34 after dropping 10.04 percent on Tuesday.
American Equity Investment Life Holding Company (NYSE: AEL) rose 8.4 percent to $34.99. American Equity Investment Life confirmed preliminary talks related to a potential deal.