Top Low Price Stocks To Buy For 2019

Heart disease still claims the lives of around 600,000 Americans every year, and uncontrollable cholesterol plays a big role. Esperion Therapeutics Inc. (NASDAQ:ESPR) became one of 2017’s best-performing biotech stocks because it’s developing a drug that could lower this number.

Unfortunately, Esperion recently revealed some disturbing safety data from one of several ongoing late-stage clinical trials. The stock price was quickly cut in half, and there’s still a chance it could come back in a big way.

Does that make this risky biotech a buy on the dip? Let’s weigh opportunities against apparent risks to see if this stock makes sense at its new low price. 

Image source: Getty Images.

Reasons to buy

Before Lipitor lost patent protection, it raked in $13 billion annually for Pfizer, and several similar drugs in the statin family were big sellers in their day. This class of drug is usually effective, but unpleasant side effects such as muscle weakness affect most patients to some degree. An estimated 15% of people treated for high cholesterol can’t get their scores low enough with statins because some form of intolerance limits their dosage.

Top Low Price Stocks To Buy For 2019: American Woodmark Corporation(AMWD)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of American Woodmark Corporation (NASDAQ: AMWD) got a boost, shooting up 14 percent to $100.60 after the company reported upbeat Q4 results.

  • [By Lisa Levin]

    Shares of American Woodmark Corporation (NASDAQ: AMWD) got a boost, shooting up 13 percent to $100.05 after the company reported upbeat Q4 results.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Booz Allen Hamilton Holding Corporation (NYSE: BAH) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.67 billion.
    Momo Inc. (NASDAQ: MOMO) is projected to report quarterly earnings at $0.5 per share on revenue of $396.17 million.
    Multi-Color Corporation (NASDAQ: LABL) is expected to report quarterly earnings at $1.06 per share on revenue of $424.96 million.
    American Woodmark Corporation (NASDAQ: AMWD) is estimated to report quarterly earnings at $1.15 per share on revenue of $382.4 million.
    The Bank of Nova Scotia (NYSE: BNS) is projected to report quarterly earnings at $1.32 per share on revenue of $5.46 billion.
    Jianpu Technology Inc. (NYSE: JT) is expected to report quarterly loss at $0.04 per share on revenue of $47.51 million.
    Trans World Entertainment Corporation (NASDAQ: TWMC) is estimated to report earnings for its first quarter.
    Advanced Drainage Systems, Inc. (NYSE: WMS) is estimated to report quarterly loss at $0.06 per share on revenue of $249.44 million.
    Quotient Limited (NASDAQ: QTNT) is expected to report quarterly loss at $0.48 per share on revenue of $5.73 million.
    Elbit Systems Ltd. (NASDAQ: ESLT) is projected to report earnings for its first quarter.
    Evogene Ltd. (NASDAQ: EVGN) is expected to report earnings for its first quarter.

     

  • [By Garrett Baldwin]

    You see, seasonality and sector rotation are in play right now. That means Q3 is not often very kind to the bulls. That’s why you need to pay close attention to one of the most important indicators in the market right now. Chris explains what it is – and what to buy – right here.

    Three Stocks to Watch Today: TSLA, PFE, AAPL
    Tesla Inc. (Nasdaq: TSLA) will likely generate a lot of buzz on Monday. Three days ago, company CEO Elon Musk announced that Tesla would remain a publicly traded firm. The statement comes just weeks after Musk tweeted that he had secured investment to take the company private at $420 per share. That tweet spurred an investigation by the U.S. Securities and Exchange Commission and a lawsuit by short sellers of Tesla stock. TSLA shares were off 3% this morning. All eyes today are on Pfizer Inc. (NYSE: PFE) stock. The drug giant is poised to release the results of its phase 3 study for its drug Tafamidis. The specialty drug targets a heart disease known as transthyretin cardiomyopathy. Apple Inc. (Nasdaq: AAPL) hit a historic milestone on Aug. 2. The tech giant’s market capitalization topped $1 trillion, making it the first firm to ever hit that value. The company continues to churn profits as more firms tap into its product pipeline. AAPL stock predictions are a dime a dozen, but the fact is that this stock remains a bargain because of its price/earnings ratio. We explain why AAPL stock is still a bargain. Look for earnings reports from HEICO Corp. (NYSE: HEI) and American Wordmark Corp. (Nasdaq: AMWD).

    Follow Money Morning on Facebook, Twitter, and LinkedIn.

Top Low Price Stocks To Buy For 2019: Lennox International, Inc.(LII)

Advisors’ Opinion:

  • [By Lisa Levin] Companies Reporting Before The Bell
    Kimberly-Clark Corporation (NYSE: KMB) is expected to report quarterly earnings at $1.71 per share on revenue of $4.60 billion.
    Halliburton Company (NYSE: HAL) is projected to report quarterly earnings at $0.42 per share on revenue of $5.75 billion.
    Lennox International Inc. (NYSE: LII) is estimated to report quarterly earnings at $1.09 per share on revenue of $815.16 million.
    Alaska Air Group, Inc. (NYSE: ALK) is projected to report quarterly loss at $0.12 per share on revenue of $1.82 billion.
    Hasbro, Inc. (NASDAQ: HAS) is expected to report quarterly earnings at $0.35 per share on revenue of $822.15 million.
    Lincoln Electric Holdings, Inc. (NASDAQ: LECO) is projected to report quarterly earnings at $1.08 per share on revenue of $729.83 million.
    Tennant Company (NYSE: TNC) is estimated to report quarterly earnings at $0.15 per share on revenue of $251.93 million.
    FirstEnergy Corp. (NYSE: FE) is projected to report quarterly earnings at $0.67 per share on revenue of $3.43 billion.
    Koninklijke Philips NV (ADR) (NYSE: PHG) is estimated to report earnings for its first quarter.
    Bank of Hawaii Corporation (NYSE: BOH) is expected to report quarterly earnings at $1.23 per share on revenue of $162.39 million.
    Avangrid, Inc. (NYSE: AGR) is projected to report quarterly earnings at $0.79 per share on revenue of $1.72 billion.

     

  • [By Jon C. Ogg]

    Lennox International Inc. (NYSE: LII) was started with an Underweight rating and assigned a $201 price target at Morgan Stanley on August 21. The prior close was $225.32, but Lennox shares traded just under $220 late on Friday. The market cap is almost $9 billion, and the 52-week range is $160.38 to $225.78. Lennox is a household name when it comes to air conditioners and climate control systems. Its shares were last seen up about 6% year to date, but they were up 35% from a year ago.

  • [By Joseph Griffin]

    Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lessened its holdings in shares of Lennox International (NYSE:LII) by 12.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,403 shares of the construction company’s stock after selling 629 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Lennox International were worth $900,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Lennox International (NYSE:LII) had its price target raised by investment analysts at UBS Group from $217.00 to $225.00 in a research note issued on Thursday, www.benzinga.com reports. The brokerage presently has a “neutral” rating on the construction company’s stock. UBS Group’s price target suggests a potential upside of 0.82% from the company’s previous close.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Halliburton Company (NYSE: HAL) to report quarterly earnings at $0.42 per share on revenue of $5.75 billion before the opening bell. Halliburton shares fell 0.06 percent to $51.93 in after-hours trading.
    Analysts expect Alphabet Inc. (NASDAQ: GOOGL) to post quarterly earnings at $9.33 per share on revenue of $30.31 billion after the closing bell. Alphabet shares gained 0.24 percent to $1,079.88 in after-hours trading.
    Before the markets open, Lennox International Inc. (NYSE: LII) is projected to report quarterly earnings at $1.09 per share on revenue of $815.16 million. Lennox shares dropped 2.84 percent to close at $197.08 on Friday.
    HNI Corporation (NYSE: HNI) reported retirement of its CEO Stan A. Askren and appointment of Jeffrey D. Lorenger as new CEO. HNI also reported strong earnings for its first quarter. HNI shares fell 3.17 percent to $34.20 in the after-hours trading session.
    Analysts are expecting Hasbro, Inc. (NASDAQ: HAS) to have earned $0.35 per share on revenue of $822.15 million in the latest quarter. Hasbro will release earnings before the markets open. Hasbro shares fell 0.39 percent to $82.49 in after-hours trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Lee Samaha]

    Having already looked at some of the positive recommendations from Morgan Stanley, it’s time to examine whether its two negative ratings, for Rockwell Automation (NYSE:ROK) and Lennox International (NYSE:LII), are worth selling.

Top Low Price Stocks To Buy For 2019: Plains All American Pipeline L.P.(PAA)

Advisors’ Opinion:

  • [By ]

    The market has pummeled master limited partnerships (MLPs) over the past few years due to the impact the oil market downturn had on their operations and business model. Among the hardest-hit have been oil pipeline MLP Plains All American Pipeline (NYSE:PAA) and gas pipeline giant Energy Transfer Partners (NYSE:ETP), both of which have lost more than half their value over the last three years. That persistent slump comes even though their turnaround strategies are beginning to gain steam. While these companies still have some work to do before they’re back on solid ground, both could deliver significant returns as they complete their plans and the oil market continues rebounding over the next few years. That upside potential makes them compelling options for investors with a higher tolerance for risk.

  • [By Joseph Griffin]

    Shares of Plains All American Pipeline, L.P. (NYSE:PAA) have earned an average rating of “Hold” from the twenty-four brokerages that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $25.94.

  • [By Matthew DiLallo]

    Exxon’s most recent partnership is with oil pipeline giant Plains All American Pipeline (NYSE:PAA). The companies announced this week that they’re pursuing the creation of a joint venture that would build a more than 1 million BPD oil pipeline from the Permian to the Gulf Coast. That project would add to the more than $2.4 billion Plains All American plans to invest in building out Permian infrastructure over the next few years to serve the growing needs of producers in the region, which are on pace to boost oil production from 3.5 million BPD this year up to an estimated 6.4 million BPD by 2023.

  • [By Lee Jackson]

    In a new research report, the MLP team at Baird has assimilated the data from the recent Plains All American Pipeline L.P. (NYSE: PAA) analysts day and come to some interesting conclusions. The report noted this:

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