Will Amazon Kill MongoDB Stock?

Even fast-growing companies must climb the wall of worry. MongoDB (NASDAQ:MDB), whose open-source database technology, based on the concept of documents, is increasingly popular in clouds, is such a company.

Source: Shutterstock

Mongo has been delivering top-line growth of over 50% each year since before going public in 2017 and is expected to keep up the pace when it reports its fourth-quarter results Mar. 13.

Hitting the mark of $73.7 million in revenue would give it over $240 million for the year … 50% ahead of last year’s $154 million. This has earned MDB stock a market cap of $5.2 billion, up a fat 218% from its IPO price.

But news events have kept the rocket ship from going straight up, and the latest news may drop it from the sky.

Amazon After You

The news is that Amazon (NASDAQ:AMZN), which brought out a MongoDB competitor called DocumentDB a few months ago, may be getting all the business of Lyft, the ride-hailing service due to come public later this year.

It’s just one account, but it’s a big one, and it caused one analyst to throw a sell rating on MDB stock, dropping his price target to $63 per share. At the time MongoDB was trading at $106. It opened Feb. 27 at $98.

MongoDB had previously taken a hit in January, when Amazon announced DocumentDB, and in the fall, when the company changed its open source license. That was because some cloud providers were downloading the software and offering their own versions as a service, without contributing code back.

It was feared that move, to what MongoDB calls the Service-Side Public License (SSPL), might lead developers to see it as abandoning its open source roots. MongoDB had previously been licensed under the AGPL, an online version of the standard GPL 3.0 license. By the time October results came out, showing growth had continued, MongoDB stock was already marching upward again.

The problem for bulls is the current price of MDB stock. At $5.2 billion, you’re paying over 20 times anticipated fiscal 2019 revenue. Even if MongoDB hit $400 million in fiscal 2020 revenue, its current valuation is 13 times that. Don’t even mention earnings because there aren’t any.  In a fast-growth company there shouldn’t be, as investing and financing cash flows keep growth humming.

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Open Source vs. the Cloud

The real fear isn’t so much Amazon as all the other cloud service providers. Open source companies like MongoDB get by on either support contracts or by licensing commercial versions. Clouds that re-sell online versions of open source products, but don’t contribute anything back, are a serious concern.

As a result, vendors like privately-held Redis Labs went to a more controversial licensing scheme dubbed Commons Clause, prohibiting re-sale of the software as a service. Critics said this turns open source software into proprietary software, and in February Redis released an explicitly proprietary license.

Mongo’s new license demands the cloud providers contribute back the Service Source Code used to make their versions available online back to the community. The question is whether that will satisfy both the clouds that are its customers and the open source advocates that are its contributors.

The Bottom Line on MDB Stock

The best way to handle the contradiction between the open source ethos and the cloud imperative is to do what Red Hat (NYSE:RHT) did and sell out to a cloud provider like International Business Machines (NYSE:IBM). But that exit isn’t available to everyone.

MongoDB stock investors also won’t get a chance to adjust if MDB’s new license continues to anger cloud providers like Amazon, cloud customers or open source contributors. The valuation is extremely high, and there’s no net.

Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at [email protected] or follow him on Twitter at @danablankenhorn. As of this writing, he own

FineMark National Bank & Trust Has $14.84 Million Holdings in Adobe Inc (ADBE)

FineMark National Bank & Trust raised its stake in shares of Adobe Inc (NASDAQ:ADBE) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,613 shares of the software company’s stock after acquiring an additional 858 shares during the quarter. Adobe makes up 1.0% of FineMark National Bank & Trust’s portfolio, making the stock its 15th largest holding. FineMark National Bank & Trust’s holdings in Adobe were worth $14,844,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Corient Capital Partners LLC raised its holdings in shares of Adobe by 15.7% in the fourth quarter. Corient Capital Partners LLC now owns 13,985 shares of the software company’s stock valued at $3,164,000 after buying an additional 1,893 shares during the last quarter. Parkwood LLC bought a new position in shares of Adobe in the fourth quarter valued at about $321,000. Stanley Laman Group Ltd. bought a new position in shares of Adobe in the fourth quarter valued at about $5,293,000. Whittier Trust Co. increased its position in Adobe by 5.0% in the fourth quarter. Whittier Trust Co. now owns 3,569 shares of the software company’s stock worth $808,000 after purchasing an additional 171 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its position in Adobe by 7.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 170,883 shares of the software company’s stock worth $38,661,000 after purchasing an additional 11,776 shares during the period. 83.74% of the stock is owned by institutional investors.

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Adobe stock opened at $257.76 on Friday. The stock has a market cap of $125.88 billion, a PE ratio of 46.25, a P/E/G ratio of 2.53 and a beta of 1.15. Adobe Inc has a 1 year low of $201.68 and a 1 year high of $277.61. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.13 and a quick ratio of 1.13.

Adobe (NASDAQ:ADBE) last posted its earnings results on Thursday, December 13th. The software company reported $1.83 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.88 by ($0.05). The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.43 billion. Adobe had a return on equity of 31.19% and a net margin of 28.69%. Adobe’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Equities analysts forecast that Adobe Inc will post 6.21 EPS for the current year.

In related news, EVP Ann Lewnes sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $258.13, for a total value of $774,390.00. Following the completion of the transaction, the executive vice president now directly owns 72,368 shares in the company, valued at approximately $18,680,351.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bradley Rencher sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $246.46, for a total value of $7,393,800.00. Following the completion of the transaction, the executive vice president now owns 42,340 shares of the company’s stock, valued at $10,435,116.40. The disclosure for this sale can be found here. Insiders have sold a total of 282,344 shares of company stock valued at $69,007,648 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

A number of analysts recently commented on ADBE shares. Nomura started coverage on Adobe in a research report on Thursday, November 15th. They issued a “buy” rating and a $315.00 price objective for the company. ValuEngine lowered Adobe from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. Zacks Investment Research lowered Adobe from a “buy” rating to a “hold” rating in a research report on Monday, November 26th. Citigroup lowered their price objective on Adobe from $309.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, December 10th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $300.00 price objective on shares of Adobe in a research report on Monday, December 10th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nineteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $284.44.

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Adobe Profile

Adobe Inc operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customer to download and access the latest versions of its creative products.

Further Reading: Quiet Period Expirations

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Best Tech Stocks To Invest In Right Now

tags:FLOW,OSIS,AAOI,CERN,TSU,

Credit Suisse Group set a $311.00 target price on Arista Networks (NYSE:ANET) in a research report released on Thursday morning, Marketbeat.com reports. The firm currently has a buy rating on the technology company’s stock.

A number of other equities analysts also recently commented on ANET. Piper Jaffray Companies upgraded Arista Networks from a neutral rating to an overweight rating and set a $315.00 target price for the company in a report on Monday, July 9th. Zacks Investment Research upgraded Arista Networks from a hold rating to a buy rating and set a $303.00 target price for the company in a report on Tuesday, July 10th. JPMorgan Chase & Co. upped their target price on Arista Networks from $282.00 to $287.00 and gave the company a hold rating in a report on Monday, July 23rd. Loop Capital upped their target price on Arista Networks to $260.00 and gave the company a hold rating in a report on Friday, August 3rd. They noted that the move was a valuation call. Finally, DA Davidson upped their target price on Arista Networks from $300.00 to $312.00 and gave the company a buy rating in a report on Friday, August 3rd. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $288.55.

Best Tech Stocks To Invest In Right Now: SPX FLOW, Inc.(FLOW)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on Flow International (FLOW)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  FLOW stock traded up $0.73 on Wednesday, hitting $49.98. The company had a trading volume of 169,639 shares, compared to its average volume of 297,149. Flow International has a 12-month low of $31.10 and a 12-month high of $54.92.

  ILLEGAL ACTIVITY NOTICE: “$478.00 Million in Sales Expected for Flow International Corp (FLOW) This Quarter” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this article on another website, it was illegally copied and republished in violation of international copyright and trademark laws. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3362833/478-00-million-in-sales-expected-for-flow-international-corp-flow-this-quarter-2.html.

  About Flow International

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on SPX Flow (FLOW)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

  SPX Flow (NYSE:FLOW) and NIPPON Stl & SU/S (OTCMKTS:NSSMY) are both industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, dividends, risk, institutional ownership, profitability and valuation.

Best Tech Stocks To Invest In Right Now: OSI Systems, Inc.(OSIS)

Advisors' Opinion:

• [By Stephan Byrd]

  Shares of OSI Systems, Inc. (NASDAQ:OSIS) have been given a consensus rating of “Hold” by the eight analysts that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $84.38.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on OSI Systems (OSIS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

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

  Get OSI Systems alerts: OSI Systems (OSIS) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com) OSI Systems (OSIS) Downgraded by BidaskClub (americanbankingnews.com) OSI Systems (OSIS) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com) $274.42 Million in Sales Expected for OSI Systems, Inc. (OSIS) This Quarter (americanbankingnews.com) Zacks: Analysts Expect OSI Systems, Inc. (OSIS) Will Post Earnings of $0.94 Per Share (americanbankingnews.com)

  OSIS has been the subject of several research reports. Sidoti initiated coverage on OSI Systems in a research note on Wednesday, February 21st. They issued a “buy” rating for the company. Zacks Investment Research raised OSI Systems from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research note on Wednesday, April 4th. ValuEngine lowered OSI Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Jefferies Group lowered OSI Systems from a “buy” rating to a “hold” rating and dropped their price objective for the company from $79.00 to $70.00 in a research note on Friday, February 2nd. They noted that the move was a valuation call. Finally, BidaskClub lowered OSI Systems from a “sell” rating to a “strong sell” rating in a research note on Saturday, January 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $86.20.

• [By Max Byerly]

  OSI Systems (NASDAQ:OSIS) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.80-4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.84. The company issued revenue guidance of $1.125-1.165 billion, compared to the consensus revenue estimate of $1.12 billion.

• [By Ethan Ryder]

  OSI Systems (NASDAQ:OSIS) had its target price boosted by Roth Capital from $77.00 to $89.00. The firm currently has a buy rating on the stock.

  Plains All American Pipeline (NYSE:PAA) was upgraded by analysts at US Capital Advisors from a hold rating to an overweight rating.

Best Tech Stocks To Invest In Right Now: Applied Optoelectronics, Inc.(AAOI)

Advisors' Opinion:

• [By Nicholas Rossolillo]

  After doubling in price several times in 2017, shares of optical networking supplier Applied Optoelectronics (NASDAQ:AAOI) reversed course and nearly erased all of those gains through spring 2018. The stock has been showing signs of life as of late, though, notching a nearly 50% gain in May. Investors may be tempted to chase those kinds of returns, but it's important to know a few facts first.

• [By Ezra Schwarzbaum]

  Applied Optoelectronics Inc (NASDAQ: AAOI) was trading up 1.4 percent. The stock was relatively unaffected by the ban, trading down as much as 5.3 percent on April 16 but ultimately ending the day within 1 percent of its previous close.

• [By Dan Caplinger]

  Thursday was a largely down day for the stock market, with the Dow Jones Industrial Average taking the biggest hit of the major benchmarks. The global turmoil over trade got a lot closer to home as the U.S. imposed new restrictions that led the Canadian government to issue retaliatory tariffs in response. Yet many broader-based measures of the market fell only slightly, showing that much of what drives the economy isn't as dependent on trade as traditional industrial giants. Good news also sent some key stocks higher. Madrigal Pharmaceuticals (NASDAQ:MDGL), Brink's (NYSE:BCO), and Applied Optoelectronics (NASDAQ:AAOI) were among the best performers on the day. Here's why they did so well.

Best Tech Stocks To Invest In Right Now: Cerner Corporation(CERN)

Advisors' Opinion:

• [By Keith Speights]

  As a result of Cerner Corporation's (NASDAQ:CERN) weak first-quarter results, the company lowered its full-year 2018 outlook. The healthcare technology provider even projected that its second-quarter adjusted earnings could drop from the prior-year period.

• [By Motley Fool Transcription]

  Cerner Corporation  (NASDAQ:CERN) Q4 2017 Earnings Conference Call February 5, 2019, 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Keith Speights]

  Veeva Systems (NYSE:VEEV) and Cerner Corporation (NASDAQ:CERN) stand out as two of the top providers of these healthcare systems. Veeva has definitely been the bigger winner lately, with its stock soaring nearly 40% so far in 2018. Meanwhile, Cerner stock is down more than 10% year to date.

• [By Simon Erickson]

  This could be a big win for the electronic health records (EHR) providers, such as athenahealth (NASDAQ:ATHN) and Cerner (NASDAQ:CERN). Detailed, interoperable EHRs that can be shared across hospitals will be crucial for maintaining accurate patient records and developing improved treatment routines. That could, in turn, provide better patient outcomes.

Best Tech Stocks To Invest In Right Now: Tele Celular Sul Participacoes S.A.(TSU)

Advisors' Opinion:

• [By Shane Hupp]

  TIM Participacoes (NYSE: TSU) and Frontier Communications (NASDAQ:FTR) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, profitability, institutional ownership, dividends, valuation and risk.

• [By Stephan Byrd]

  Trisura Group (TSE:TSU) insider David James Clare acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, May 16th. The stock was acquired at an average price of C$25.22 per share, with a total value of C$252,200.00.

• [By Shane Hupp]

  Spirent Communications (NYSE: TSU) and TIM Participacoes (NYSE:TSU) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, profitability, institutional ownership, dividends and risk.

• [By Logan Wallace]

  Trisura Group Ltd (TSE:TSU) insider Partners Value Investments Lp acquired 15,700 shares of the firm’s stock in a transaction dated Thursday, September 27th. The shares were purchased at an average cost of C$27.20 per share, for a total transaction of C$427,040.00.

Want to Attract Gen Z Workers? Here’s What to Do -- and What to Avoid

Though today's youngest workers have less experience than their more seasoned counterparts, their energy and innovation can more than make up for it. That's why it pays to be in tune with what Gen Zers are looking for in a job. According to new data from Glassdoor, here are Gen Z workers' top job-related pros and cons.

What Gen Zers want in a job

Today's youngest job seekers want a positive work experience on multiple fronts. Some of their top requests include:

A great work environment Flexible hours and scheduling Good pay Great coworkers Engaging work Employee discounts Free food

Many of these are not only reasonable but fairly easy to pull off from the employer side. Take work environment, for example. Your company culture should be such that employees are excited to come to work, and all it really takes is some internal training and attitude shifting to pull that off if your current environment leaves much to be desired. Instructing managers to foster collaboration, encourage creativity, and reward teamwork is a good way to make your company a more appealing one to work at.

IMAGE SOURCE: GETTY IMAGES.

Flexibility is also a key issue in the workforce these days. With the majority of employees struggling to strike an ideal work-life balance, giving employees the leeway to set their own hours or work from home can truly help in this regard.

Clearly, competitive pay is important to Gen Zers as well. While that doesn't mean you should rush to outbid your competition blindly to attract younger workers, what you should do is review your compensation strategy to ensure that it aligns with what they're looking for.

Finally, it pays to consider investing in small perks that help employees feel appreciated. Allocating a little room in your budget for free snacks and coffee could go a long way toward enticing younger workers and convincing them to stay put.

What turns Gen Zers off

On the other hand, Gen Zers are pretty firm about the things they don't want in a job. These include:

Long hours Low pay Poor work-life balance High turnover A bad work environment Poor management

The good news is that these factors can be easily addressed. The need for long hours, for example, can be mitigated by discouraging managers from focusing on face time, all the while providing time-management training to workers in need. Pay is a harder point to improve on, because it'll hinge heavily on your company's available resources, but if you can't shine in that arena, you can compensate by helping workers achieve a better work-life balance -- primarily by being flexible with them, as noted above.

At the same time, improving your company culture might help reduce internal turnover, thereby giving potential hires less to be concerned about. Finally, don't be afraid to take a long, hard look at your management team and see how effective it really is. Once again, a little attitude adjusting could go a long way.

The benefit of bringing in younger workers is that you have a chance to cultivate talent and help develop loyal employees who will stick with you for the long haul. So take the above data to heart -- it could be just the thing that sets your business apart from the competition.

Tempur Sealy International Inc Forecasted to Earn Q1 2019 Earnings of $0.42 Per Share (TPX)

Tempur Sealy International Inc (NYSE:TPX) – Equities research analysts at KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for shares of Tempur Sealy International in a report issued on Thursday, February 14th. KeyCorp analyst B. Thomas forecasts that the company will earn $0.42 per share for the quarter. KeyCorp also issued estimates for Tempur Sealy International’s Q2 2019 earnings at $0.72 EPS, Q3 2019 earnings at $1.11 EPS, Q4 2019 earnings at $1.20 EPS and FY2019 earnings at $3.45 EPS.

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Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings data on Thursday, February 14th. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($0.07). Tempur Sealy International had a return on equity of 97.08% and a net margin of 5.12%. The business had revenue of $676.10 million during the quarter, compared to the consensus estimate of $659.74 million. During the same period last year, the business posted $0.87 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis.

Several other research analysts have also weighed in on the company. Barclays initiated coverage on Tempur Sealy International in a research report on Monday, January 28th. They issued an “overweight” rating and a $70.00 price objective for the company. ValuEngine downgraded Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Guggenheim upgraded Tempur Sealy International from a “neutral” rating to a “buy” rating in a research note on Monday, January 7th. Loop Capital restated a “sell” rating on shares of Tempur Sealy International in a research note on Thursday, November 1st. Finally, Zacks Investment Research downgraded Tempur Sealy International from a “hold” rating to a “sell” rating in a research note on Thursday, January 10th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $59.11.

TPX stock opened at $56.99 on Monday. Tempur Sealy International has a 1-year low of $38.90 and a 1-year high of $59.51. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.20 and a quick ratio of 0.90. The stock has a market capitalization of $3.11 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83.

Institutional investors and hedge funds have recently modified their holdings of the company. Enlightenment Research LLC acquired a new stake in shares of Tempur Sealy International in the 4th quarter valued at about $50,000. Captrust Financial Advisors boosted its stake in Tempur Sealy International by 15.0% during the 4th quarter. Captrust Financial Advisors now owns 1,506 shares of the company’s stock valued at $62,000 after purchasing an additional 196 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Tempur Sealy International by 14.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,949 shares of the company’s stock valued at $80,000 after purchasing an additional 248 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Tempur Sealy International by 16.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,382 shares of the company’s stock valued at $140,000 after purchasing an additional 471 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC acquired a new position in Tempur Sealy International during the 3rd quarter valued at about $206,000.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products. The company operates through two segments, North America and International. It provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows and other accessories under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster brands.

Read More: What is a Derivative?

2 Key Things From NVIDIA's Earnings Call That Investors Should Know

Last Thursday, NVIDIA (NASDAQ:NVDA) reported terrible fourth-quarter results to close out what had been a strong fiscal 2019. For the quarter, revenue fell 24%, earnings per share dropped 48%, and EPS adjusted for one-time items plunged 53%.

The results were largely anticlimactic, as on Jan. 28, the graphics processing unit (GPU) specialist significantly lowered its already-weak guidance for the quarter, citing such factors as slowing global growth, particularly in China, and enterprise customers shifting "to a more cautious approach" in December.

Earnings releases, however, only tell part of the story. Management's comments during earnings calls can often reveal key insights about a company's business performance, prospects, and strategy. Here are two things from NVIDIA's Q4 call that you should know. 

Image source: Getty Images.

1. Games with RTX and DLSS tech are now available with more coming soon, which should drive demand for NVIDIA's new graphics cards

From CFO Colette Kress' remarks:

Just this week [week of Feb. 11], DLSS technology is becoming available in two blockbuster games, Battlefield V and Metro Exodus, and Anthem coming soon. In addition, at CES [Consumer Electronics Show 2019, in January], Justice and Atomic Heart showed demos featuring ray tracing and DLSS. And a large pipeline of games plan to integrate RTX technology.

First, some definitions: RTX is NVIDIA's ray-tracing technology for real-time rendering, which enables developers to achieve cinematic quality in their video games. NVIDIA's unveiling of RTX technology in March of last year at the Game Developers Conference 2018 made a splash because ray tracing in real time has long been considered the Holy Grail in the computer gaming industry.

DLSS (Deep Learning Super Sampling), which NVIDIA unveiled at CES in January, is an artificial intelligence (AI) technology that helps boost frame rates in video games. (A frame rate is the number of individual frames or images displayed per second.) This tech was a very important introduction because the company's ray-tracing technology causes a slowdown in frame rates. As Kress said on the call:

Pairing DLSS with ray tracing can provide comparable frame rates to traditional rasterization, but also much more beautiful cinematic visuals. The best of both worlds.

The fact that games are now rolling out with RTX and DLSS technology should help drive demand for NVIDIA's GeForce RTX graphics cards, which are powered by the company's Turing GPU architecture. NVIDIA launched higher-end RTX cards last fall, but initial sales fell short of top management's expectations. "[S]ome customers may have delayed their purchase while waiting for lower price points or further demonstration of the RTX technology in actual games," Kress said. As for the price point part of that comment: At CES in January, the company launched RTX 2060, which is a midrange card. Regarding this product, CEO Jensen Huang said, "The launch is a great success. The reviews are fantastic." 

2. Professional visualization was a bright spot in the quarter

From Kress' remarks:

New applications like data science, AI, and VR, as well as the need for thin and light mobile workstations, remain key growth drivers for the business. We had key wins in the quarter, including Boeing, Google, LinkedIn, and Toyota for applications including AI and robotics.

The terrible performance of NVIDIA's gaming business (revenue plunged 45% year over year) in the fourth quarter largely overshadowed some bright spots. The company's professional visualization business actually had a quite solid quarter, with revenue growing 15% year over year to $293 million. And it had a good fiscal 2019, with full-year revenue jumping 21% year over year to $1.13 billion. While pro viz isn't nearly as large as the gaming ($954 million in revenue in the quarter) or the data center business ($679 million), it's still fairly sizable, accounting for 13.3% of the company's total revenue in the quarter.

3 Things to Know About Social Security if You’re Divorced

Did you know Social Security spousal benefits extend to certain ex-spouses who have gotten divorced?

Social Security benefits currently provide half or more of the income received in retirement for 69% of unmarried Americans and 48% of married couples, according to the Social Security Administration (SSA). So it's a good idea to know as much as you can about the benefits you're entitled to receive, especially if you're single.

Image source: Getty Images.

Divorced after 10 years and single? You may be eligible for spousal benefits

You may be eligible for a spousal benefit if you are currently single but were divorced after 10 years of marriage or more. You may be entitled to claim Social Security spousal benefits on your ex-partner's work record. For you to do so, your ex-spouse must be eligible for Social Security, and must be at least 62 years of age.

Although folks become eligible to receive Social Security at 62, it's possible that your ex may not choose to start receiving benefits then. Why? Because recipients receive roughly 8% more in Social Security benefits  for every year they delay receiving benefits between 62 and the age of 70. Plus people don't reach full retirement age (FRA) until sometime between the age of 65 (for those born in 1937 or before) and 67 (for those born in 1960 and later), with incremental hikes for those born between those years.

But whether your ex is receiving Social Security or not is of no concern to you as a divorced spouse. As long as your ex-spouse qualifies for benefits and is 62 or older, you may be eligible for spousal benefits, whether your ex is receiving them or not. Your ex-spouse's marital status doesn't matter. They can be remarried, divorced again, or have stayed single -- it doesn't have any bearing on your ability to file a claim, or how much it will be. Nor will your claim have any effect on the amount of your ex's benefits. If they've remarried, the new partner's potential benefit amounts are not affected either.

If your ex has not yet applied for Social Security benefits, however, there is a requirement that you need to have been divorced a minimum of two years to receive the spousal benefit.

So far, so clear. But there are three important things to know if you meet those qualifications.

Three important requirements You can't claim spousal benefits if you are remarried. If, however, you remarried and then divorced again, you can claim spousal benefits from a divorced partner, as long as the marriage lasted at least 10 years.  You must be 62 or older to apply for spousal benefits. You must be entitled to a benefit less than your ex's work could qualify you for. How are Social Security benefits calculated? 

So how do you know whether your benefit would be less than the benefit you'd receive by claiming on your ex's work record? First you'll need to find your own benefit amount, which the SSA calculates based on two things: your work history and your earnings history.

To receive Social Security, folks need a work history in which they accrue a total of 40 lifetime work credits. A work credit is a metric based on income. Last year, for example, workers earned one lifetime work credit for every $1,320 they earned. That's going up this year: workers will earn one lifetime work credit for every $1,360 earned.

Even if someone brings home a cool million per year, though, they can't earn the entire 40 work credits needed in a year. In fact, four is the most anyone can receive in one year.

Once you qualify for the work credits, your earnings history kicks in to determine the amount you're entitled to. The SSA calculates benefits on the 35 highest-earning, inflation-adjusted years. If you've worked less than 35 years, $0 is averaged into the monthly payout calculations for each year under 35.

How are Social Security spousal benefits calculated?

Now, those calculations are for an individual receiving Social Security. A spousal benefit can be determined after computing both your work history and earnings history, as well as your ex's work history and earnings history.

If you qualify, the benefit for a divorced spouse is 50% of your ex's full retirement amount if you begin taking benefits at your FRA. So if your ex is eligible for $2,000 every month in Social Security benefits, you'd receive $1,000. If your ex delays retirement past their FRA, the concomitant increase in benefit amounts they'll get is not applied to your spousal benefit.

What if you're eligble under your own work and earnings history and your ex's? Do you have to select which one to claim on? No. The SSA will pay your own retirement benefit first and then it computes your potential benefit from your ex's work and earnings history. Once it has both, the SSA will adjust the benefit so you receive the higher amount.

People who are eligible for both, have hit their FRA, and have a birthday prior to January 2, 1954 have an important option to maximize their Social Security benefits too: You can decide to get just the benefit for divorced spouses and delay taking your own. That way you can receive the 8% yearly hike in your eventual benefit amount between your FRA and 70.

But if your birthday is January 2, 1954 or later, that choice has been phased out unfortunately. By filing for either retirement or spousal benefits, you'll be telling the SSA you want to file for all Social Security benefits for which you're eligible.

Is JPMorgan Chase’s New Cryptocurrency a Threat to Ripple, Other Crypto Assets?

Mega-bank JPMorgan Chase (NYSE:JPM) recently announced that it will launch its own cryptocurrency, becoming the first U.S. bank to do so.  

At first, this might sound like an odd move. After all, JPMorgan Chase's CEO Jamie Dimon has been very outspoken against leading cryptocurrency bitcoin, going so far as to call it a "fraud." However, there are some big differences between bitcoin, the more than 2,000 other existing cryptocurrencies (that's not a typo), and the new cryptocurrency JPMorgan Chase is planning to create. 

Image source: Getty Images.

The new cryptocurrency will be called JPM Coin, and the purpose will be to speed up transaction settlement times. This could be specifically useful for international transactions, cutting settlement times from hours, or even days to settlements that occur in real time. Initially, JPM Coin will be used in just a small portion of the company's business, but could become more widely used within the company if its usage appears to be worthwhile.

Also, JPM Coin will be a so-called "stable coin," with its value pegged to the U.S. dollar. This is similar to some existing cryptocurrencies, such as Tether. In other words, you won't see massive price fluctuations like you have with bitcoin, Ethereum, and others – a JPM Coin will be worth one dollar.  

What about Ripple? 

When I read the news that JPMorgan Chase was creating its own cryptocurrency, I asked, "why don't they simply use an existing cryptocurrency that is designed to do the same thing?" 

Ripple in particular would make a lot of sense. After all, Ripple is specifically designed to facilitate near-instantaneous cross-border transactions, and has partnerships with several major financial institutions. 

There are a few possible explanations why JPMorgan chose to carve its own path. For one thing, if the bank controls the entire supply of its cryptocurrency, it could make regulatory compliance issues far easier than they otherwise would be. Also, JPMorgan moves more than $6 trillion in payments per day, so maybe it felt like creating its own cryptocurrency was warranted simply by its sheer size.

Finally, while Ripple is designed for the exact purpose that JPMorgan is creating JPM Coin for, its value isn't pegged to the U.S. dollar and can fluctuate dramatically over time, and JPMorgan Chase may not have wanted to deal with this uncertainty. For context, Ripple trades for about $0.30, but traded for more than 10 times that amount just over a year ago. In 2017 alone, Ripple's price rose by a staggering 36,600%. Banks like JPMorgan Chase may simply not want to deal with this kind of volatility. 

Ripple CEO Brad Garlinghouse tweeted shortly after the news that JPM Coin "misses the point" of cryptocurrencies, while some analysts have called JPMorgan's effort a major threat to Ripple's very existence. 

Will other banks follow suit? Will it affect other cryptocurrencies? 

If JPMorgan Chase's cryptocurrency is indeed successful, and the bank experiences significant efficiency and other operational advantages by using it, I'd be surprised if other banks didn't do something similar by creating their own proprietary, dollar-denominated cryptocurrencies as well. 

While there are many factors that determine cryptocurrency prices, it's fair to say that just like stocks, at least some of their price is based on investors' perceptions of their future potential. In other words, bitcoin's price isn't just based on how many people are using the cryptocurrency as a form of payment today. 

So, if banks do start creating and using their own cryptocurrencies on a large scale, it could certainly spell trouble for cryptocurrencies like Ripple, Stellar, and several others whose specific purpose is to facilitate rapid settlement of payments. 

 

 

Best Bank Stocks To Own Right Now

tags:HSBA,FCF,WFC,CM,AP,

The U.K. economy shows little sign of breaking out of its “pattern of uninspiring growth,” and the first quarter may have been weaker than expected.

The first three months of the year may have seen gross domestic product gain as little as 0.2 percent as severe weather cramped growth, a report by the EY Item Club will say Monday. That’s below the 0.3 percent estimate of economists before the initial reading of the data, which will be published Friday. It also downgraded its annual forecast to 1.6 percent, from 1.7 percent previously.

While the Item Club expects two Bank of England interest-rate increases this year and a further two in 2019, it said there remains uncertainty around the outlook for policy. Governor Mark Carney on Thursday pushed back against the high expectations for tightening at the May 10 meeting, pointing out that there are other opportunities.

“Raising interest rates this year is not an open and shut case,” said Howard Archer, chief economic adviser to the EY ITEM Club. “With inflation heading down and the Bank of England’s view of the supply-side of the economy arguably too pessimistic, two rate hikes this year risk exerting unnecessary pressure on consumers.”

Best Bank Stocks To Own Right Now: HSBC Holdings PLC (HSBA)

Advisors' Opinion:

• [By Ethan Ryder]

  HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

• [By Max Byerly]

  HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).

• [By Joseph Griffin]

  HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.

• [By Stephan Byrd]

  Morgan Stanley set a GBX 855 ($10.91) price target on HSBC (LON:HSBA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.

• [By Max Byerly]

  HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.

• [By Max Byerly]

  Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.

Best Bank Stocks To Own Right Now: First Commonwealth Financial Corporation(FCF)

Advisors' Opinion:

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  First Commonwealth Financial (NYSE:FCF) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Logan Wallace]

  Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Logan Wallace]

  Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Bank Stocks To Own Right Now: Wells Fargo & Company(WFC)

Advisors' Opinion:

• [By Chris Lange]

  Wells Fargo & Co. (NYSE: WFC) released its second-quarter financial results before the markets opened on Friday. The company said that it had $0.98 in earnings per share (EPS) and $21.6 billion in revenue, while consensus estimates had called for $1.12 in EPS on revenue of $21.68 billion. The same period of last year reportedly had EPS of $1.08 and $22.17 billion in revenue.

• [By ]

  The most noteworthy takeaways from Berkshire's weekend:

  Buffett remains bullish on Wells Fargo (WFC) and CEO Tim Sloan despite its spate of scandals. A CEO for Berkshire's healthcare initiatives with JPMorgan & Chase (JPM) and Amazon (AMZN) is expected to be announced in a few months.  Both Buffett and Munger continue to think valuations on potential targets remain too high. Keep an Eye on PayPal

  PayPal (PYPL) is due for a good session on Monday after CEO Dan Schulman gave a bullish 45 minute interview with Jim Cramer at TheStreet's Investor Boot Camp conference on Saturday. Schulman easily downplayed the threat of Amazon in mobile payments.

• [By Matthew Frankel, CFP]

  Frankel: Obviously, I'll be watching all of the big banks reporting earnings. But Wells Fargo (NYSE:WFC) is one that I really have my eye on, just because their last quarterly report was so terrible. Last quarter, they missed expectations. I don't really pay too much attention to expectations, as we've said on the show. But their revenue dropped almost 3% year over year. Their deposit base is down 2%. The big takeaway is, as of the end of last quarter, there were no signs that their scandals and whatever have really begun to get into the past yet. So, I'm looking for that. 

• [By Chris Lange]

  Wells Fargo & Co. (NYSE: WFC) short interest dropped to 33.20 million shares from the previous reading of 35.83 million. Shares were trading at $57.88, within a 52-week range of $49.27 to $66.31.

• [By Chris Lange]

  And Wells Fargo & Co. (NYSE: WFC) will report its fourth-quarter results before Friday's opening bell too. The consensus estimates are EPS of $1.07 and revenue of $22.3 billion. Shares closed most recently at $62.75, in a 52-week range of $49.27 to $63.05. The consensus price target is $61.74.

Best Bank Stocks To Own Right Now: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:

• [By Motley Fool Transcribers]

  Canadian Imperial Bank of Commerce (NYSE:CM)Q3 2018 Earnings Conference CallAug. 23, 2018, 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Ethan Ryder]

  Sigma Planning Corp boosted its holdings in shares of Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 12.6% in the second quarter, HoldingsChannel reports. The firm owned 7,383 shares of the bank’s stock after acquiring an additional 826 shares during the period. Sigma Planning Corp’s holdings in Canadian Imperial Bank of Commerce were worth $642,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

• [By Max Byerly]

  Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

Best Bank Stocks To Own Right Now: Ampco-Pittsburgh Corporation(AP)

Advisors' Opinion:

• [By ]

  Wellington, New Zealand (AP) -- New Zealand plans to slaughter about 150,000 cows as it tries to eradicate a strain of disease-causing bacteria from the national herd.

• [By ]

  This undated photo provided by BMW shows the 2018 BMW X3, a luxury compact SUV with more traditional design and a starting price of $41,995, including the destination fee. The Audi Q5 and the BMW X3 are two of the most popular compact luxury SUVs out today. Shoppers are typically drawn to the Q5 and the X3 because of their appealing mix of refinement, utility, safety and performance. (Photo: AP)

• [By ]

  London (AP) -- The British government said Sunday it is scrapping a promise to reconsider the ban on fox hunting, a centuries-old rural tradition contentiously outlawed more than a decade ago.

• [By ]

  This Jan. 28, 2018, file photo shows music streaming apps clockwise from top left, Apple, Spotify, Amazon, Pandora and Google on an iPhone in New York. (Photo: AP)

Top Gold Stocks To Invest In 2019

tags:NXG,CME,NGD,ORE,

October 8, 2018: Markets opened lower Monday and appeared to be in for a solid loss until around noon. A direction change has returned the Dow and the S&P 500 to around the break-even line. The threat of rising interest rates may have cooled enthusiasm for equities, especially with bond markets closed and who knows what kind of day we’ll see Tuesday when they reopen. Defensive stocks worked their magic today, while the tech and energy sectors lagged.

WTI crude oil for November delivery settled at $74.29 a barrel, less than 0.1% for the day.  December gold dropped about 1.4% to settle at $1,188.60. Equities were heading for a narrowly mixed close about 10 minutes before the bell as the Dow traded up 0.27% for the day, the S&P 500 traded up 0.08%, and the Nasdaq Composite traded down 0.52%.

Bitcoin futures (XBTV8) for October delivery traded at $6,620, up about 1.3% on the Cboe after opening at $6,530 this morning. The trading range today was $6,520 to $6,665.

Top Gold Stocks To Invest In 2019: Northgate Minerals Corporation(NXG)

Advisors' Opinion:

• [By Shane Hupp]

  Shares of NEX Group PLC (LON:NXG) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 696 ($9.21).

Top Gold Stocks To Invest In 2019: CME Group Inc.(CME)

Advisors' Opinion:

• [By Money Morning Staff Reports]

  Bitcoin prices slumped under $6,000 per coin on a day when futures contracts expired at CME Group Inc. (NYSE: CME).

  But despite the recent downturn, many cryptocurrency bulls expect that institutional investors will pour into the market.

• [By Chris Hill]

  Gross: I got CME Group (NASDAQ:CME), ticker CME. Operates the world's largest futures and options exchange. They're in a great position to either innovate or acquire assets to grow. They take a little toll for every transaction that goes across their platform. Institutions managing risk, derivatives are more important than ever, which is good for their business. They pay a 3.6% yield, including a special dividend that they typically pay on an annual basis. Trading volumes are skyrocketing. The business is strong.

• [By Logan Wallace]

  Epoch Investment Partners Inc. grew its holdings in shares of CME Group Inc (NASDAQ:CME) by 51.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,545,562 shares of the financial services provider’s stock after purchasing an additional 528,198 shares during the period. Epoch Investment Partners Inc.’s holdings in CME Group were worth $249,980,000 at the end of the most recent quarter.

Top Gold Stocks To Invest In 2019: NEW GOLD INC.(NGD)

Advisors' Opinion:

• [By Ethan Ryder]

  Commerzbank Aktiengesellschaft FI raised its holdings in shares of New Gold Inc (Pre-Merger) (NYSEAMERICAN:NGD) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,015,289 shares of the basic materials company’s stock after buying an additional 101,852 shares during the period. Commerzbank Aktiengesellschaft FI owned about 0.35% of New Gold Inc (Pre-Merger) worth $4,192,000 at the end of the most recent reporting period.

• [By Paul Ausick]

  New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.

• [By Paul Ausick]

  New Gold Inc. (NYSEAMERICAN: NGD) dropped about 1.9% Tuesday to post a new 52-week low of $2.09. Shares closed at $2.13 on Monday and the stock’s 52-week high is $4.25. The junior gold miner had no specific news.

• [By Travis Hoium]

  Shares of miner New Gold Inc. (NYSEMKT:NGD) jumped as much as 19.4% in trading early Wednesday after the company announced a leadership change. Shares were hitting their high at 11:05 a.m. EDT and seemed to be gaining momentum.

• [By Maxx Chatsko]

  Shares of New Gold (NYSEMKT:NGD) fell by over 14% today after the company announced the surprise sale of its Mesquite gold mine. The business will receive $158 million in cash for the productive asset, which management says will "immediately crystallize several years' worth of future free cash flow as part of our strategy to prudently manage our balance sheet, providing the company with the financial flexibility to focus on our core assets".

• [By Matthew DiLallo]

  Shares of New Gold (NYSEMKT:NGD) sold off on Thursday, plunging more than 20% by 11 a.m. EST after the gold mining company reported its fourth-quarter results as well as its outlook for 2019.

Top Gold Stocks To Invest In 2019: Orezone Gold Corp (ORE)

Advisors' Opinion:

• [By Stephan Byrd]

  Galactrum (ORE) is a PoW/PoS coin that uses the
  Lyra2RE hashing algorithm. It launched on November 11th, 2017. Galactrum’s total supply is 2,092,679 coins and its circulating supply is 1,372,679 coins. Galactrum’s official Twitter account is @galactrum. Galactrum’s official website is galactrum.org.

• [By Shane Hupp]

  Galactrum (ORE) is a PoW/PoS coin that uses the
  Lyra2RE hashing algorithm. It was first traded on December 13th, 2017. Galactrum’s total supply is 2,781,952 coins and its circulating supply is 2,061,952 coins. Galactrum’s official website is galactrum.org. Galactrum’s official Twitter account is @galactrum.

• [By Stephan Byrd]

  Galactrum (CURRENCY:ORE) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on August 31st. Galactrum has a total market capitalization of $866,847.00 and approximately $5,272.00 worth of Galactrum was traded on exchanges in the last 24 hours. One Galactrum coin can now be purchased for about $0.42 or 0.00006032 BTC on major exchanges including Stocks.Exchange and Cryptopia. In the last seven days, Galactrum has traded 12.5% higher against the U.S. dollar.

• [By Peter Graham]

  Sandstorm's due diligence is thorough, they don't just invest in any company. They like West Africa because they understand the area and the opportunities that exist there. Sandstorm is a royalty and streaming company, so they make these investments and receive cashflow deals that often kick in much later on. But they have already established a presence in Burkina and have deals in place with larger companies like Orezone Gold (TSXV: ORE) and Endeavour Mining (TSX: EDV). Sandstorm's investment also potentially gives us access to their marketing department through something they call Launch Lab, and it looks like it will really benefit our own marketing efforts and will expose us to more opportunities over the coming year.

• [By Jim Robertson]

  Finally, Richard Seville, the CEO of Brisbane-based Orocobre Ltd (ASX: ORE) which began lithium sales in 2015 from northern Argentina and also experienced difficulty boosting output, commented that an "inability to access traditional funds has delayed the development of the sector" and that "these projects aren't easy -- so the banks just don't want to go there."

Podcast | Stock picks of the day: Nifty to find support at 10,700-10,750 amid volatility

Shitij Gandhi

Even after giving a break above the psychological level of 11,000 last week, Nifty could not manage to hold onto its gains and once again fell sharply towards 10,800-mark on the back of continuous selling pressure in absence of any major domestic or global triggers.

The bears took charge once again and hammered down stocks badly. From the derivatives front, call writing was observed at 10,900 and 11,000 strikes along with put unwinding at immediate strikes from 11,000 to 10,600 strikes.

related news Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term Podcast | Stock picks of the day: Nifty remains to be in a choppy trend Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

This clearly signifies that any upside in the index may remain capped. On the technical front, 10,750-10,700 zone will provide support to market moving forward and the trend is likely to remain choppy with some volatility on cards.

Here is a list of three stocks that could give 5-11% return in next 1 month:

NMDC: Buy| LTP: Rs 93.40| Target: Rs 102| Stop Loss: Rs 90| Upside 9%

From the last two months, the stock has been consolidating in a broader range of Rs 88-98 along with persistent buying at lower levels. On the daily time frame, the stock has formed a double bottom pattern and has given a sharp pullback along with positive divergence on secondary indicators.

Additionally, the stock has also given a breakout above the falling Wedge pattern along with marginally higher volumes. Traders can accumulate the stock in a range of Rs 94-96 for the upside target of Rs 102 levels and a stop loss below Rs 90.

Jubilant Foodworks: Buy| LTP: Rs 1276| Target: Rs 1415| Stop Loss: Rs 1220| Upside 11%

The stock witnessed a sharp rally last week from Rs 1,200 levels and tested Rs 1,400 levels in a short span of time. However, since then, due to profit booking at higher levels, stock once again retraced back towards 1,280 levels and is consolidating in a range of 1,280-1,350.

At the current juncture, the stock has formed a rectangle pattern on the technical charts which is generally traded as a continuation pattern.

In the coming sessions, we expect the stock may once again take a rally towards north supported by hefty volumes and positive divergence on the secondary oscillators.

Traders can accumulate the stock in the range of 1295-1298 for the upside target of 1415 levels and a stop loss below 1220.

HDFC Bank: Buy| LTP: Rs 2140| Target: Rs 2260| Stop Loss: Rs 2080| Upside 5%

After taking support at its 200-days exponential moving average and forming a 'Double Bottom' pattern around Rs 2,030 levels on a daily interval, the stock took a V-shape recovery to reclaim Rs 2,100 levels.

On the broader charts as well, the stock has been consolidating in a range of Rs 2,050-2,150 levels from last two months. We believe the breakout after the prolonged consolidation can trigger fresh buying into the stock which could move price higher towards new highs.

Traders can buy the stock above a breakout level of 2150 for the upside target of 2260 levels and a stop loss below 2080.

(The author is a Senior Research Analyst, SMC Global Securities)

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are his own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Feb 14, 2019 08:22 am

Top Small Cap Stocks To Own Right Now

tags:PQ,ACHN,ATAI,CNR,FCEL,

Organizations are increasingly moving mission-critical applications and workloads to the cloud, a megatrend that will remain in full force in 2017, asserts Rob DeFrancesco, editor of Tech-Stock Prospector.

Gigamon (GIMO) — my Top Pick among small cap growth stocks — is one networking solutions vendor primed to continue to benefit from the cloud, and Wall Street might very well be underestimating its growth potential.

Gigamon’s marketing mantra is the network is getting more complex and risky, so pervasive visibility is a necessity for mitigating that complexity and reducing overall vulnerabilities.

The company has seen a lot of success in security, where its visibility platform is now considered a prerequisite to be used in conjunction with detection and protection solutions.

More than 80% of Gigamon’s federal business is directly related to cybersecurity initiatives.

Top Small Cap Stocks To Own Right Now: Petroquest Energy Inc(PQ)

Advisors' Opinion:

• [By Ethan Ryder]

  News headlines about Petroquest Energy (NYSE:PQ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Petroquest Energy earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.638327846877 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Top Small Cap Stocks To Own Right Now: Achillion Pharmaceuticals Inc.(ACHN)

Advisors' Opinion:

• [By Lisa Levin] Gainers Avenue Therapeutics, Inc. (NASDAQ: ATXI) rose 29.4 percent to $5.50 in pre-market trading after the company disclosed that its first pivotal Phase 3 trial of IV tramadol achieved the primary and key secondary endpoints. MB Financial, Inc. (NASDAQ: MBFI) rose 16.8 percent to $51.00 in pre-market trading. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock. LiveXLive Media, Inc. (NASDAQ: LIVX) rose 9.3 percent to $5.40 in pre-market trading after falling 28.92 percent on Friday. Celyad SA (NASDAQ: CYAD) shares rose 9 percent to $29.30 in pre-market trading after climbing 3.26 percent on Friday. Ethan Allen Interiors Inc. (NYSE: ETH) rose 6.7 percent to $26.40 in pre-market trading after gaining 1.64 percent on Friday. Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) rose 5.4 percent to $3.90 in pre-market trading after gaining 3.06 percent on Friday. Acacia Communications, Inc. (NASDAQ: ACIA) rose 5.2 percent to $34.70 in pre-market trading after gaining 1.38 percent on Friday. Westinghouse Air Brake Technologies Corporation (NYSE: WAB) rose 5.1 percent to $100 in pre-market trading. General Electric Company (NYSE: GE) agreed to merge its transportation unit with Wabtec. Sunrun Inc. (NASDAQ: RUN) shares rose 4.7 percent to $11.50 in pre-market trading. Nasdaq, Inc. (NASDAQ: NDAQ) shares rose 4.3 percent to $93.98 in the pre-market trading session. LaSalle Hotel Properties (NYSE: LHO) shares rose 4.2 percent to $33.25 in pre-market trading. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported. Monro, Inc. (NASDAQ: MNRO) shares rose 4 percent to $58.35 in pre-market trading as the company posted upbeat quarterly earnings and disclosed that it has acquired Free Service Tire. HUYA Inc. (NYSE: HUYA) rose 3.7 percent to $19.75 in pre-market trading after falling 4.80 percent on Friday.

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• [By Stephan Byrd]

  Achillion Pharmaceuticals (NASDAQ:ACHN) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $5.20.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Achillion Pharmaceuticals (ACHN)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Achillion Pharmaceuticals (NASDAQ:ACHN) – Research analysts at B. Riley reduced their FY2018 EPS estimates for shares of Achillion Pharmaceuticals in a research note issued to investors on Wednesday, May 2nd. B. Riley analyst M. Kumar now anticipates that the biopharmaceutical company will earn ($0.58) per share for the year, down from their previous estimate of ($0.55). B. Riley has a “Neutral” rating and a $3.50 price objective on the stock. B. Riley also issued estimates for Achillion Pharmaceuticals’ FY2019 earnings at ($0.64) EPS, FY2020 earnings at ($0.71) EPS, FY2021 earnings at ($0.70) EPS and FY2022 earnings at ($0.84) EPS.

• [By Stephan Byrd]

  Shares of Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) have earned a consensus rating of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $4.50.

• [By Joseph Griffin]

  BidaskClub lowered shares of Achillion Pharmaceuticals (NASDAQ:ACHN) from a sell rating to a strong sell rating in a report published on Tuesday morning.

Top Small Cap Stocks To Own Right Now: ATA Inc.(ATAI)

Advisors' Opinion:

• [By Paul Ausick]

  ATA Inc. (NASDAQ: ATAI) traded down about 14% Monday to set a new 52-week low of $0.82, based on revalued shares that closed at $0.72 on Friday but traded up about 250% on Monday at $2.53. Volume was more than 200 times the daily average of around 42,000. You’re on your own here to figure this one out.

Top Small Cap Stocks To Own Right Now: China Metro-Rural Holdings Limited(CNR)

Advisors' Opinion:

• [By Ethan Ryder]

  State of Tennessee Treasury Department lessened its stake in shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 842,775 shares of the transportation company’s stock after selling 13,507 shares during the quarter. State of Tennessee Treasury Department owned about 0.11% of Canadian National Railway worth $61,565,000 as of its most recent filing with the SEC.

• [By Max Byerly]

  Press coverage about Canadian National Railway (NYSE:CNI) (TSE:CNR) has been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Canadian National Railway earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the transportation company an impact score of 47.5112066080017 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

• [By Shane Hupp]

  Wall Street analysts expect that Canadian National Railway (NYSE:CNI) (TSE:CNR) will announce $1.02 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Canadian National Railway’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.97. Canadian National Railway reported earnings per share of $1.00 in the same quarter last year, which would suggest a positive year over year growth rate of 2%. The company is expected to announce its next quarterly earnings results on Tuesday, July 24th.

• [By Logan Wallace]

  Canadian National Railway (NYSE:CNI) (TSE:CNR) – Analysts at Seaport Global Securities issued their Q1 2019 EPS estimates for shares of Canadian National Railway in a research note issued to investors on Wednesday, January 30th. Seaport Global Securities analyst M. Levin expects that the transportation company will earn $0.96 per share for the quarter. Seaport Global Securities also issued estimates for Canadian National Railway’s Q2 2019 earnings at $1.26 EPS, Q3 2019 earnings at $1.27 EPS and Q4 2019 earnings at $1.26 EPS.

Top Small Cap Stocks To Own Right Now: FuelCell Energy Inc.(FCEL)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on FuelCell Energy (FCEL)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Paul Ausick]

  FuelCell Energy Inc. (NASDAQ: FCEL) posted a dip of 0.5% in short interest during the two weeks. Some 9.88 million shares were short as of August 31. The stock closed at $1.08 on Wednesday, up about 1.9% for the day, in a 52-week range of $1.00 to $2.49. Shares traded up about 14.4% in the two-week short interest period, and days to cover rose from nine to 12.

• [By Scott Levine]

  Beyond that, there are numerous stocks, like IAMGOLD (NYSE: IAG) and FuelCell Energy (NASDAQ: FCEL), which I'm certain will not only remain absent from my portfolio but from my watchlist as well. Here's why:

• [By Paul Ausick]

  FuelCell Energy Inc. (NASDAQ: FCEL) posted a dip of 4.7% in short interest during the short interest period. Some 9.92 million shares were short as of August 15. The stock closed at $1.15 on Friday, up about 0.9% for the day, in a 52-week range of $1.00 to $2.49. Shares traded down about 20.7% in the two-week period, and days to cover were unchanged at nine.

Veracyte Inc (VCYT) Expected to Post Earnings of -$0.13 Per Share

Brokerages forecast that Veracyte Inc (NASDAQ:VCYT) will post ($0.13) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Veracyte’s earnings, with the highest EPS estimate coming in at ($0.10) and the lowest estimate coming in at ($0.15). Veracyte reported earnings of ($0.24) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 45.8%. The business is expected to report its next quarterly earnings report after the market closes on Monday, February 25th.

On average, analysts expect that Veracyte will report full year earnings of ($0.69) per share for the current fiscal year, with EPS estimates ranging from ($0.71) to ($0.66). For the next year, analysts anticipate that the firm will post earnings of ($0.48) per share, with EPS estimates ranging from ($0.60) to ($0.40). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Veracyte.

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Several analysts have recently weighed in on the company. BidaskClub upgraded Veracyte from a “hold” rating to a “buy” rating in a report on Monday, January 7th. Zacks Investment Research upgraded Veracyte from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Saturday, January 5th. Janney Montgomery Scott upgraded Veracyte from a “neutral” rating to a “buy” rating in a report on Wednesday, October 31st. William Blair restated an “outperform” rating on shares of Veracyte in a report on Tuesday, October 30th. Finally, BTIG Research boosted their price target on Veracyte to $17.00 and gave the stock a “buy” rating in a report on Friday, January 4th. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $15.08.

In other Veracyte news, Chairman Bonnie H. Anderson sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, December 10th. The stock was sold at an average price of $12.13, for a total value of $97,040.00. Following the transaction, the chairman now directly owns 59,236 shares of the company’s stock, valued at $718,532.68. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Bonnie H. Anderson sold 25,500 shares of the business’s stock in a transaction that occurred on Thursday, January 10th. The shares were sold at an average price of $15.29, for a total value of $389,895.00. Following the completion of the transaction, the chairman now directly owns 94,041 shares in the company, valued at $1,437,886.89. The disclosure for this sale can be found here. 13.70% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. ARK Investment Management LLC lifted its stake in Veracyte by 4.8% in the third quarter. ARK Investment Management LLC now owns 3,940,804 shares of the biotechnology company’s stock valued at $37,635,000 after buying an additional 180,145 shares during the period. BlackRock Inc. lifted its stake in Veracyte by 43.6% in the third quarter. BlackRock Inc. now owns 2,998,763 shares of the biotechnology company’s stock valued at $28,638,000 after buying an additional 910,427 shares during the period. Vanguard Group Inc. lifted its stake in Veracyte by 40.0% in the third quarter. Vanguard Group Inc. now owns 1,434,497 shares of the biotechnology company’s stock valued at $13,700,000 after buying an additional 409,641 shares during the period. Vanguard Group Inc lifted its stake in Veracyte by 40.0% in the third quarter. Vanguard Group Inc now owns 1,434,497 shares of the biotechnology company’s stock valued at $13,700,000 after buying an additional 409,641 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new position in Veracyte in the fourth quarter valued at approximately $15,299,000. 88.69% of the stock is currently owned by hedge funds and other institutional investors.

Veracyte stock traded down $0.34 during midday trading on Monday, reaching $18.18. The company’s stock had a trading volume of 390,100 shares, compared to its average volume of 430,450. Veracyte has a 52 week low of $5.23 and a 52 week high of $19.44. The company has a quick ratio of 8.81, a current ratio of 9.14 and a debt-to-equity ratio of 0.32. The stock has a market cap of $750.80 million, a PE ratio of -19.98 and a beta of 0.99.

Veracyte Company Profile

Veracyte, Inc operates as a genomic diagnostics company in the United States. It uses genomic technology to resolve diagnostic uncertainty. The company offers Afirma Thyroid FNA Analysis solution; cytopathology testing services; and the Afirma Malignancy Classifiers to manage thyroid nodule patients.

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Top 10 Performing Stocks To Buy For 2019

tags:PNM,GMO,LPL,MOD,PPP,NXP,ABEO,MGEE,WWD,LFUS,

A company that makes medicine out of snake gall bladders has seen its shares more than double this year as health-care companies become China’s hottest stocks.

In a market buffeted by the fallout from the U.S. trade disputes, mainland investors have sought shelter in firms, like traditional medicine maker Zhangzhou Pientzehuang Pharmaceutical Co., that make almost all their sales at home. It also doesn’t hurt that China’s health-care industry is expected to post above average profit growth of more than 20 percent for the next three to five years, Bloomberg estimates show, as China’s massive population ages and gets wealthier.

That’s all adding up to scorching gains: drug makers and other health stocks are by far the best-performing corner of the Chinese market in 2018, up nearly 30 percent. Valuations -- now at levels unseen in a decade -- are shaping up as the biggest threat to a rally that’s managed to overcome equity losses in almost every other industry.

Top 10 Performing Stocks To Buy For 2019: PNM Resources, Inc. (Holding Co.)(PNM)

Advisors' Opinion:

• [By Logan Wallace]

  PNM Resources, Inc, through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity.

• [By Logan Wallace]

  PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2017, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,200 miles of electric transmission lines, 6,063 miles of distribution overhead lines, 5,828 miles of underground distribution lines, and 254 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2017, this segment owned 978 miles of overhead electric transmission lines, 7,111 miles of overhead distribution lines, 1,241 miles of underground distribution lines, and 116 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 773,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.

• [By Logan Wallace]

  PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2017, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,200 miles of electric transmission lines, 6,063 miles of distribution overhead lines, 5,828 miles of underground distribution lines, and 254 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2017, this segment owned 978 miles of overhead electric transmission lines, 7,111 miles of overhead distribution lines, 1,241 miles of underground distribution lines, and 116 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 773,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.

Top 10 Performing Stocks To Buy For 2019: General Moly, Inc(GMO)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on General Moly (GMO)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Performing Stocks To Buy For 2019: LG Display Co., Ltd.(LPL)

Advisors' Opinion:

• [By Ashraf Eassa]

  That's set to change this year, with LG Display (NYSE:LPL) reportedly set to manufacture a portion of the OLED screens that Apple will use in this year's iPhone lineup. And now, a third player may be set to join the fray.

• [By Ashraf Eassa]

  While there have been reports that Apple will also rely on LG Display (NYSE:LPL) to supply some of the OLED screens for its latest iPhone XS and iPhone XS Max devices, it's probably safe to say that Samsung remains a key supplier of OLED screens for those devices, too.

• [By Nicholas Rossolillo]

  That's a pretty horrific downgrade, but there's more to the story. Universal Display cited what is shaping up to be a soft half-year for new OLED TV and smartphone development. End manufacturers like LG Display (NYSE:LPL) are busy ramping up for the next product lineup, which means lower demand for suppliers like Universal. Demand is supposed to resume later in 2018 and return to "significant growth" in 2019, but in the meantime the outlook is unimpressive.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on LG Display (LPL)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Performing Stocks To Buy For 2019: Modine Manufacturing Company(MOD)

Advisors' Opinion:

• [By Stephan Byrd]

  Modum (CURRENCY:MOD) traded 1% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on May 7th. One Modum token can currently be purchased for $3.01 or 0.00031911 BTC on cryptocurrency exchanges including Kucoin, IDEX, Binance and Mercatox. Over the last seven days, Modum has traded 9% higher against the U.S. dollar. Modum has a total market cap of $55.00 million and $789,835.00 worth of Modum was traded on exchanges in the last 24 hours.

• [By Motley Fool Transcribers]

  Modine Manufacturing Co  (NYSE:MOD)Q3 2019 Earnings Conference CallFeb. 01, 2019, 9:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Max Byerly]

  Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Performing Stocks To Buy For 2019: Primero Mining Corp(PPP)

Advisors' Opinion:

• [By Shane Hupp]

  PayPie (CURRENCY:PPP) traded 5.6% lower against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on June 20th. During the last week, PayPie has traded down 2.7% against the U.S. dollar. One PayPie token can currently be purchased for about $0.32 or 0.00004751 BTC on major exchanges including Fatbtc and EtherDelta (ForkDelta). PayPie has a total market cap of $26.47 million and $29,238.00 worth of PayPie was traded on exchanges in the last day.

• [By Logan Wallace]

  PayPie (CURRENCY:PPP) traded 0.5% lower against the U.S. dollar during the 24 hour period ending at 17:00 PM ET on May 18th. One PayPie token can now be bought for $0.71 or 0.00008653 BTC on cryptocurrency exchanges including EtherDelta (ForkDelta) and Fatbtc. During the last week, PayPie has traded 8.5% lower against the U.S. dollar. PayPie has a market capitalization of $58.95 million and approximately $821,053.00 worth of PayPie was traded on exchanges in the last 24 hours.

• [By Shane Hupp]

  PayPie (CURRENCY:PPP) traded up 4.9% against the US dollar during the 24 hour period ending at 19:00 PM ET on May 27th. PayPie has a market capitalization of $42.41 million and $350,319.00 worth of PayPie was traded on exchanges in the last day. During the last week, PayPie has traded down 23.7% against the US dollar. One PayPie token can currently be purchased for approximately $0.51 or 0.00007004 BTC on major cryptocurrency exchanges including EtherDelta (ForkDelta) and Fatbtc.

• [By Max Byerly]

  PayPie (CURRENCY:PPP) traded 1.5% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on July 22nd. In the last week, PayPie has traded 2.7% lower against the dollar. One PayPie token can currently be bought for $0.24 or 0.00003163 BTC on exchanges including Fatbtc and EtherDelta (ForkDelta). PayPie has a market capitalization of $19.55 million and approximately $19,027.00 worth of PayPie was traded on exchanges in the last day.

Top 10 Performing Stocks To Buy For 2019: Nuveen Select Tax Free Income Portfolio(NXP)

Advisors' Opinion:

• [By Max Byerly]

  Vivaldi Capital Management LLC increased its stake in Nuveen Select Tax-Free Income (NYSE:NXP) by 64.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,927 shares of the financial services provider’s stock after acquiring an additional 12,906 shares during the period. Vivaldi Capital Management LLC owned approximately 0.20% of Nuveen Select Tax-Free Income worth $462,000 as of its most recent SEC filing.

Top 10 Performing Stocks To Buy For 2019: Abeona Therapeutics Inc.(ABEO)

Advisors' Opinion:

• [By Logan Wallace]

  Abeona Therapeutics (NASDAQ:ABEO) was given a $36.00 price target by analysts at Cantor Fitzgerald. The firm currently has a buy rating on the stock.

• [By Ethan Ryder]

  Shares of Abeona Therapeutics Inc (NASDAQ:ABEO) have been assigned a consensus rating of “Buy” from the thirteen ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $29.44.

• [By Stephan Byrd]

  Abeona Therapeutics (NASDAQ:ABEO) was downgraded by equities research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Thursday.

• [By Joseph Griffin]

  Abeona Therapeutics (NASDAQ:ABEO) issued its quarterly earnings results on Monday. The biopharmaceutical company reported ($0.18) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.01, Bloomberg Earnings reports. Abeona Therapeutics had a negative return on equity of 23.57% and a negative net margin of 939.83%. The business had revenue of $2.60 million for the quarter, compared to analyst estimates of $0.27 million.

• [By Brian Orelli]

  Shares of gene therapy expert Abeona Therapeutics (NASDAQ:ABEO) closed down 12% on Friday after the company reported updated data from a phase 1/2 trial testing ABO-102, a treatment for a rare genetic disease called Sanfilippo syndrome type A, at the 21st annual meeting of the American Society for Gene and Cell Therapy.

Top 10 Performing Stocks To Buy For 2019: MGE Energy Inc.(MGEE)

Advisors' Opinion:

• [By Ethan Ryder]

  BidaskClub downgraded shares of MGE Energy (NASDAQ:MGEE) from a hold rating to a sell rating in a report issued on Friday.

  Separately, ValuEngine cut shares of MGE Energy from a hold rating to a sell rating in a report on Wednesday, June 6th.

• [By Max Byerly]

  MGE Energy (NASDAQ:MGEE) was upgraded by analysts at BidaskClub from a buy rating to a strong-buy rating.

  Minerva Neurosciences (NASDAQ:NERV) was upgraded by analysts at BidaskClub from a hold rating to a buy rating.

• [By Reuben Gregg Brewer]

  Utility stocks are generally considered conservative investments that reward shareholders over the long term with sizable dividends that grow slowly and steadily over time. With the S&P 500 Index's yield hovering around 2%, the bar for yield is set pretty low today. That said, investors should think twice before jumping at utilities like UGI Corporation (NYSE:UGI), Atmos Energy Corporation (NYSE:ATO), and MGE Energy, Inc. (NASDAQ:MGEE), which offer little if any yield advantage over an S&P 500 Index fund.

• [By Joseph Griffin]

  Danielson (NYSE: CVA) and MGE Energy (NASDAQ:MGEE) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, earnings, dividends, profitability, analyst recommendations, valuation and risk.

Top 10 Performing Stocks To Buy For 2019: Woodward, Inc.(WWD)

Advisors' Opinion:

• [By Shane Hupp]

  Woodward, Inc.Common Stock (NASDAQ:WWD) Director James R. Rulseh sold 4,112 shares of the company’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $79.09, for a total transaction of $325,218.08. Following the transaction, the director now owns 10,000 shares of the company’s stock, valued at approximately $790,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

• [By Ethan Ryder]

  Plug Power (NASDAQ: PLUG) and Woodward (NASDAQ:WWD) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, institutional ownership, profitability, valuation and earnings.

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Woodward, Inc.Common Stock (WWD)

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• [By Joseph Griffin]

  Bloom Energy (NASDAQ: WWD) and Woodward, Inc.Common Stock (NASDAQ:WWD) are both mid-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability.

• [By Shane Hupp]

  Tdam USA Inc. decreased its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 30.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,798 shares of the technology company’s stock after selling 4,765 shares during the period. Tdam USA Inc.’s holdings in Woodward, Inc.Common Stock were worth $802,000 at the end of the most recent quarter.

Top 10 Performing Stocks To Buy For 2019: Littelfuse Inc.(LFUS)

Advisors' Opinion:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Littelfuse (LFUS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Littelfuse (LFUS)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Stephan Byrd]

  KAMES CAPITAL plc lessened its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 0.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 315,223 shares of the technology company’s stock after selling 2,678 shares during the period. Littelfuse comprises approximately 1.5% of KAMES CAPITAL plc’s portfolio, making the stock its 27th biggest position. KAMES CAPITAL plc owned about 1.26% of Littelfuse worth $62,373,000 at the end of the most recent quarter.