I’ve been a shareholder of Chesapeake Energy (NYSE:CHK) for a quite a few quarters now and the performance is nothing short of inadequate. Granted, the energy sector is challenged right now and there’s only a few bright spots worth investing in, but this name is clearly underperforming, down nearly 28% YTD. With continued losses and a pick up in volatility for crude oil on the back of negative fundamentals, do shareholders jump ship and look for other energy investments or is this a stock worth having in your portfolio today? I believe it’s only worth having today if you have a long-term time horizon and aren’t trying to scalp a quick profit.
Top Performing Stocks To Own For 2019: Materialise NV(MTLS)
- [By Logan Wallace]
News coverage about Materialise (NASDAQ:MTLS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Materialise earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 46.5867221134452 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Top Performing Stocks To Own For 2019: SunTrust Banks, Inc.(STI)
- [By Logan Wallace]
SunTrust Banks (NYSE:STI) Director Frank P. Scruggs, Jr. purchased 1,000 shares of the stock in a transaction dated Wednesday, May 16th. The shares were acquired at an average price of $69.01 per share, with a total value of $69,010.00. Following the transaction, the director now owns 8,501 shares in the company, valued at $586,654.01. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
- [By Shane Hupp]
Get a free copy of the Zacks research report on SunTrust Banks (STI)
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- [By Garrett Baldwin]
Shares of General Electric Co. (NYSE: GE) are in focus after the company reported earnings before the bell. GE stock popped 5.6% after the firm topped earnings per share (EPS) estimates by $0.05 and backed its 2018 outlook. The firm reported EPS of $0.16 on top of $28.66 billion in revenue. GE stock had been off nearly 18% from its last earnings report on January 24 due to ongoing financial and legal problems.
Crude oil prices dipped Friday after U.S. President Donald Trump took aim at OPEC. Trump accused the cartel of keeping oil prices “artificially high” despite “record amounts of oil all over the place.” Brent crude and WTI crude oil both hit three-year highs this week after Saudi Arabia suggested that it was working to press oil prices back above $100 per barrel.
Three Stocks to Watch Today: PM, MO, WFC
Shares of Philip Morris International Inc.(NYSE: PM) fell this morning after the firm experienced its worst trading day since its spin-off from Altria Group Inc. (NYSE: MO). Shares of PM fell as much as 16% after the firm fell short of revenue expectations after the bell. MO stock fell roughly 6% on the day.
Shares of Wells Fargo & Co. (NYSE: WFC) are under pressure after The New York Times reported that the firm may be facing a $1 billion fine. The fines would cover a variety of “alleged” misdeeds that include the firm’s push on customers to purchase auto insurance they didn’t need and charging mortgage customers fees for services that they were not using. The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency will most likely announce the fine today. Money MorningCapital Wave StrategistShah Gilani weighed in on the topic this week, and he offers a scorching indictment.
Qualcomm Inc. (Nasdaq: QCOM) is on the move today after the semiconductor giant announced plans to lay off 1,500 employees. The cuts are expected to hit employees in California and cities around the globe. The cuts are part of the fi
Top Performing Stocks To Own For 2019: CSP Inc.(CSPI)
- [By Logan Wallace]
Headlines about CSP (NASDAQ:CSPI) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 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. CSP earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 44.9831568716707 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Top Performing Stocks To Own For 2019: First Capital Bancorp Inc.(VA)
- [By Logan Wallace]
News headlines about Virgin America (NASDAQ:VA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Virgin America earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.3779505917989 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
- [By Peter Graham]
A long term performance chart shows JetBlue Airways Corporation giving a good performance thats still not as good as that of large cap Southwest Airlines Co (NYSE: LUV) while the performance ofAlaska Air Group, Inc (NYSE: ALK), which has acquired Virgin America Inc (NASDAQ: VA), seems to have slipped recently: