Top Undervalued Stocks To Own Right Now

NEW YORK The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.

Tesla is “either one of the great Ponzi schemes of all time or its gonna work out,” AutoNation CEO Mike Jackson said at a forum presented ahead of theahead of the New York Auto Show by the National Automobile Dealers Association and consultantstheJ.D.Power.

His comments came a day after Tesla briefly passed General Motors as the most valuable American automaker, as measured by market capitalization.

“ClearlyGeneral Motors is undervalued and Tesla is overvalued,” Jackson said. “Anybody can see that.”

The typically brash CEO’s remarks came amid a stock rally for Tesla, which is riding high amid signs that its mass-market Model 3 electric car may be on track to begin sales in 2017.

Top Undervalued Stocks To Own Right Now: Sage Therapeutics, Inc.(SAGE)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Friday was a poor day on Wall Street, as the Dow Jones Industrials fell 200 points and other major benchmarks lost about 1%. Rising bond yields were a major source of consternation among those following the financial markets, with the 10-year Treasury hitting 2.95% and helping to send mortgage rates sharply higher. Even though earnings season has gone fairly well for many companies, some investors are also starting to realize that political issues are likely to cloud the outlook for the U.S. economy in the coming months, creating more uncertainty that could stymie further market gains. Some bad news affecting individual companies also added to the negative mood. Stanley Black & Decker (NYSE:SWK), ManpowerGroup (NYSE:MAN), and Sage Therapeutics (NASDAQ:SAGE) were among the worst performers on the day. Here’s why they did so poorly.

  • [By Lisa Levin]

    SAGE Therapeutics Inc (NASDAQ: SAGE) shares shot up 73 percent to $159.39 after the company disclosed that Phase 2 trial of SAGE-217 met its primary endpoint.

  • [By Chris Lange]

    Shares of Sage Therapeutics Inc. (NASDAQ: SAGE) saw an incredible gain on Thursday after the firm announced positive top-line results from its midstage trial. Specifically, the firm reported results from its Phase 2 trial of Sage-217 for the treatment of moderate to severe major depressive disorder (MDD).

  • [By WWW.THESTREET.COM]

    Position: Long GLD small, bonds, SDS; short TLT small, SPY small .

Top Undervalued Stocks To Own Right Now: Best Buy Co., Inc.(BBY)

Advisors’ Opinion:

  • [By ]

    The reluctance of millennials to spend their tax cuts could hurt the stock prices of many consumer companies. Shares of department stores such as Kohl’s (KSS) and an electronics retailer like Best Buy (BBY) have run up this year on expectations of consumers shopping till they drop this spring/summer. Considering there are more than 83 million millennials in the U.S., that’s a big pool of humans letting down some of the country’s biggest companies. 

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Best Buy Co., Inc. (NYSE: BBY) which traded down over 3% at $55.33. The stocks 52-week range is $41.67 to $63.32. Volume was18 million versus the daily average of 4.7 million shares.

  • [By Leo Sun]

    But on April 19, Roku’s stock plunged 12% after Amazon partnered with Best Buy (NYSE:BBY) to sell new Amazon-powered “Fire TVs” in its stores and on its website this summer. These TVs — which are produced by Toshiba and Best Buy’s in-house brand Insignia — will be fully integrated with Amazon’s services andAlexa. Best Buy will also become a merchant for the Fire TVs on Amazon’s website.

  • [By Lisa Levin]

    Best Buy Co Inc (NYSE: BBY) reported better-than-expected earnings for its fourth quarter, but sales missed estimates. The company also issued weak earnings forecast for the current quarter.

  • [By WWW.THESTREET.COM]

    Shares of Best Buy (BBY)  are again going haywire after the company’s earnings report, as a combination of low Wall Street expectations and clever tactics by the company’s executives drummed up another decent quarter and outlook. 

  • [By The Ticker Tape]

    Retailers Take Center Stage: It’s “Black Friday,” meaning attention might turn to retailers like Wal-Mart Stores, Inc. (NYSE: WMT), Best Buy Co Inc (NYSE: BBY), Amazon.com, Inc. (NASDAQ: AMZN), and Target Corporation (NYSE: TGT), among others. Retail sales kicked up in October, and Halloween sales also looked pretty solid, which could point toward a strong winter holiday shopping season. Job growth has also been relatively healthy of late, another factor that could play into holiday sales. Jobless claims stayed below 300,000 last week for the 90th-consecutive week, the longest stretch in more than 45 years. We’ll get further insight on the jobs climate at the end of next week when November Non-farm payrolls data roll in, and that could provide more clues as to just how well-equipped consumers might be for those shopping expeditions.

Top Undervalued Stocks To Own Right Now: First Horizon National Corporation(FHN)

Advisors’ Opinion:

  • [By ]

    In this environment, investors should be looking to add the banks to their portfolios. He likes Goldman Sachs (GS) and First Horizon National (FHN) , which appeared on “Mad Money” last week. He would avoid any high-yielding stock however, as they are getting increased competition from risk-free Treasuries.

  • [By ]

    In an “Executive Decision” segment, Cramer sat down with Bryan Jordan, chairman, president and CEO of First Horizon National (FHN) , the Tennessee-based regional bank that just posted a three-cents-a-share earnings beat with net interest margins up 52 basis points.

  • [By Lisa Levin] Related WFC Why Bank ETFs Fell On Friday Despite Decent Earnings Phil's Stock World: Funtime Friday Earnings Season Starts Today Rising Book Values and Margins of Safety (GuruFocus)
    Related C Earnings Preview: Financial Giants BAC, GS, And MS Report Q2 Results This Week Why Bank ETFs Fell On Friday Despite Decent Earnings Palo Capital, Inc. Buys Citigroup Inc, Schlumberger, NetApp Inc, Sells Citrix Systems Inc, … (GuruFocus) Companies Reporting Before The Bell
    Wells Fargo & Co (NYSE: WFC) is estimated to report quarterly earnings at $1.02 per share on revenue of $22.51 billion.
    Citigroup Inc (NYSE: C) is projected to report quarterly earnings at $1.26 per share on revenue of $17.71 billion.
    JPMorgan Chase & Co. (NYSE: JPM) is expected to report quarterly earnings at $1.65 per share on revenue of $25.61 billion.
    PNC Financial Services Group Inc (NYSE: PNC) is projected to report quarterly earnings at $2.02 per share on revenue of $4.00 billion.
    First Republic Bank (NYSE: FRC) is estimated to report quarterly earnings at $1.1 per share on revenue of $675.70 million.
    First Horizon National Corp (NYSE: FHN) is projected to report quarterly earnings at $0.28 per share on revenue of $337.89 million.

     

  • [By ]

    In his second “Executive Decision” segment, Cramer also sat down with Bryan Jordan, chairman, president and CEO of First Horizon National (FHN) , the Tennessee-based regional bank that just posted a three-cents-a-share earnings beat with net interest margins up 52 basis points.

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