Monday, April 1, 2019

Top 10 China Stocks To Own Right Now

tags:CDTI,ATAI,NTES,SOL,BIDU,FMCN,TISA,SINA,

President Trump Friday announced the enactment of 25% tariffs on $50 billion worth of Chinese goods imported into the United States. Trump said the goods contain industrially significant technologies as defined by section 301 of the Trade Act of 1974.

The list of items products subject to the tariffs announced this morning numbers 1,102. U.S. Customs and Border Protection agents will begin collecting tariffs July 6 on the first $34 billion worth of 818 imported products. Tariffs on the remaining 284 items are still being reviewed and the Office of the U.S. Trade Representative (USTR) will issue a final determination on additional duties on these products once the review is completed.

U.S. Trade Representative Ambassador Robert Lighthizer said:

We must take strong defensive actions to protect America’s leadership in technology and innovation against the unprecedented threat posed by China’s theft of our intellectual property, the forced transfer of American technology, and its cyber attacks on our computer networks. China’s government is aggressively working to undermine America’s high-tech industries and our economic leadership through unfair trade practices and industrial policies like ‘Made in China 2025.’ Technology and innovation are America’s greatest economic assets and President Trump rightfully recognizes that if we want our country to have a prosperous future, we must take a stand now to uphold fair trade and protect American competitiveness.

Top 10 China Stocks To Own Right Now: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:
  • [By Stephan Byrd]

    Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

    Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

    MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

  • [By Logan Wallace]

    Shares of CDTi Advanced Materials Inc (NASDAQ:CDTI) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $0.33 and last traded at $0.36, with a volume of 500 shares trading hands. The stock had previously closed at $0.36.

Top 10 China 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 10 China Stocks To Own Right Now: Netease.com Inc.(NTES)

Advisors' Opinion:
  • [By Lisa Levin]

    NetEase, Inc. (NASDAQ: NTES) is expected to post quarterly earnings at $2.19 per share on revenue of $2.18 billion.

    China Distance Education Holdings Limited (NYSE: DL) is estimated to post earnings for its second quarter.

  • [By ]

    NetEase Inc (NYSE: NTES) is the largest online services provider in China with revenue from its e-commerce platform and online gaming. Sales on its e-commerce platform surged 157% last year to support slower growth in gaming which accounts for about 75% of total revenue. The company is also starting to monetize its gaming segment with movies and mini-series based on the characters in the games.

  • [By Ethan Ryder]

    California Public Employees Retirement System lowered its stake in NetEase (NASDAQ:NTES) by 26.8% 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 128,173 shares of the technology company’s stock after selling 46,859 shares during the period. California Public Employees Retirement System owned approximately 0.10% of NetEase worth $35,938,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    Alibaba Group (NASDAQ: NTES) and NetEase (NASDAQ:NTES) are both large-cap retail/wholesale companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, profitability, analyst recommendations and valuation.

Top 10 China Stocks To Own Right Now: Renesola Ltd.(SOL)

Advisors' Opinion:
  • [By Joseph Griffin]

    These are some of the media headlines that may have impacted Accern’s scoring:

    Get ReneSola alerts: ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

    Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

  • [By Max Byerly]

    Sola Token (CURRENCY:SOL) traded 17.9% lower against the dollar during the 1-day period ending at 16:00 PM E.T. on October 11th. One Sola Token token can now be bought for about $0.0054 or 0.00000087 BTC on cryptocurrency exchanges including Tidex and OpenLedger DEX. Sola Token has a total market cap of $153,306.00 and $1,856.00 worth of Sola Token was traded on exchanges in the last 24 hours. In the last seven days, Sola Token has traded down 12.2% against the dollar.

  • [By Max Byerly]

    Sola Token (CURRENCY:SOL) traded up 26.7% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on September 28th. One Sola Token token can currently be bought for $0.0085 or 0.00000131 BTC on popular exchanges including Tidex and OpenLedger DEX. Sola Token has a market capitalization of $0.00 and approximately $3,239.00 worth of Sola Token was traded on exchanges in the last 24 hours. During the last week, Sola Token has traded flat against the US dollar.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on ReneSola (SOL)

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

Top 10 China Stocks To Own Right Now: Baidu Inc.(BIDU)

Advisors' Opinion:
  • [By Motley Fool Staff]

    Vena: Right. iQiyi, when they started developing this original content, keep in mind that they were still owned by Baidu (NASDAQ:BIDU), which spun them off earlier this year. Now, Baidu has a lot of similarities to Google. They are the major search engine in China. They have a lot of data. They've been at the forefront of artificial intelligence. So, one of the things that iQiyi said in their IPO filing with the SEC is that they view that data and their ability to analyze that data using artificial intelligence as one of their competitive advantages. So, they have used that to generate shows that Chinese consumers just really love.

  • [By Joseph Griffin]

    Baidu (NASDAQ:BIDU) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People’s Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd. , a network of third-party Web sites and software applications. Further, the company offers Japanese search services, including Web search, image search, video search, and blog search capabilities. It also offers online marketing services to its customers directly and through other distribution networks. “

  • [By Leo Sun]

    Baidu (NASDAQ:BIDU), Alibaba (NYSE:BABA), and Tencent (NASDAQOTH:TCEHY) are considered fierce rivals in China's tech market. Baidu owns the country's top search engine, Alibaba's owns its biggest e-commerce marketplace, while Tencent dominates the social media and video gaming markets.

  • [By Nicholas Rossolillo, Chuck Saletta, and Daniel Miller]

    Nevertheless, China is still growing, and it would appear that a truce with the U.S. is coming. Stocks of China-based companies have been rallying as a result, but many are still down double-digits from a year ago. Three worth watching right now are Tencent Holdings (NASDAQOTH:TCEHY), Baidu (NASDAQ:BIDU), and NIO (NYSE:NIO).  

  • [By Max Byerly]

    Baidu (NASDAQ:BIDU) received a $297.00 price objective from investment analysts at KeyCorp in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the information services provider’s stock. KeyCorp’s target price would suggest a potential upside of 28.87% from the stock’s current price.

Top 10 China Stocks To Own Right Now: Focus Media Holding Limited(FMCN)

Advisors' Opinion:
  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.7% against its face value during trading on Friday. The high-yield debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $94.25 and was trading at $96.38 one week ago. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its share price.

    WARNING: “Focus Media (FMCN) Bond Prices Fall 1.7%” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/4207523/focus-media-fmcn-bond-prices-fall-1-7.html.

    About Focus Media (NASDAQ:FMCN)

Top 10 China Stocks To Own Right Now: Top Image Systems Ltd.(TISA)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    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 Top Image Systems (TISA)

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

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

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

  • [By Money Morning Staff Reports]

    Before we get to our latest pick, here are last week's top-performing penny stocks:

    Penny Stock Sector Current Share Price Last Week's Gain Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01% Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40% Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85% Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99% Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79% Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47% Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57% Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86% Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60% Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%

    Don't Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…

Top 10 China Stocks To Own Right Now: Sina Corporation(SINA)

Advisors' Opinion:
  • [By Logan Wallace]

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

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

  • [By Leo Sun]

    Shares of SINA (NASDAQ:SINA) fell 7% on Aug. 8 after the Chinese internet company reported its second quarter earnings. Yet the decline, which brought SINA to a 52-week low, seemed unjustified, as the company easily beat analyst estimates.

  • [By Leo Sun]

    Shares of SINA (NASDAQ:SINA) and Weibo (NASDAQ:WB) have both tumbled this year, mainly due to escalating trade tensions between the United States and China. Yet their sell-offs seem overdone, since both tech companies are well insulated from a potential trade war.

  • [By Jack Delaney]

    SINA Corp. (Nasdaq: SINA) operates Weibo Corp. (Nasdaq: WB), a social media platform with 411 million monthly active users (MAUs) as of Q1 2018.

    It's considered the Twitter Inc. (NYSE: TWTR) of China.

Sunday, March 31, 2019

This Week's Top Penny Stock to Buy Could Jump Nearly 200%

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While the Dow is up about 10% so far this year, that isn't enough for most investors. But our pick for the top penny stock to buy this week not only has the potential for market-beating gains, but it could skyrocket by nearly 200%.

One of the benefits of penny stock investing is that you get the potential for massive price swings that can translate into double- and even triple-digit gains.

But choosing the best penny stock to buy at any given time can be a challenge. Not only are there thousands of penny stocks to choose from, but separating shell companies and scams from stocks with real growth potential can be a challenge.

The truth is that buying penny stocks can be incredibly risky, so having a winning strategy is essential.

But we're here to help.

Not only are we going to give you some safe penny stock investing tips today, but also our pick for the top penny stock to buy this week with the potential for triple-digit gains.

How to Buy Penny Stocks Safely

You can lose your entire investment with a penny stock if you don't know what you're doing. Before you buy any penny stocks, Money Morning always recommends that you understand the risks and set a budget for yourself. In other words, you should only invest what you can afford to lose. It's likely you don't want to dedicate more than 2% of your portfolio to penny stocks.

Beyond this, there are three tried and true tips that can help you steer clear of scam stocks and focus more on the better profit plays.

$1 Cash Course: Tom Gentile is offering a rare opportunity to learn how to amass a constant stream of extra cash – year after year. And he's going to teach you how to do it entirely on your own. Learn more…

First, limit your penny stock investment to companies that trade on the major exchanges. This means that you'll only look at stocks on the New York Stock Exchange (NYSE) and Nasdaq and avoid pink sheets or over-the-counter bulletin board (OTCBB) stocks. The major exchanges have strict reporting requirements that weed out scam companies.

Second, look for stocks getting attention from analysts and getting bullish price targets.

Specifically, there should be news coverage and analyst reports about these companies as well as 12-month target prices. Preferably, stick to ones that have more ratings of "Buy" and "Hold" and price targets that are above the current price. These are going to be stocks in companies with real business prospects, and not just a flashy name or gimmick.

Finally, seek out companies that are either in emerging markets or those that are in industries experiencing rapid growth. These are not only stocks that are going to outperform the broader market, but you might also locate some hidden gems that are ripe for a buyout from a bigger player. Look for biotech and technology stocks especially.

Now that you know how to buy penny stocks safely, here is our pick for a winning penny stock to buy now. This is one that is poised for triple-digit gains in the next year.

The Best Penny Stock to Buy This Week Could Jump Nearly 200%

Join the conversation. Click here to jump to comments…

Friday, March 29, 2019

Cramer: Apple event was a game changer for customers, not Wall Street

Apple's stock dropped during the trading session because its batch of new products failed to impress the folks on Wall Street, CNBC's Jim Cramer said Monday.

"As I predicted, when the world's largest company announced a whole slate of new products and services today, the stock got hammered and that weakness reverberated throughout the market," the "Mad Money" host said.

The Dow Jones Industrial Average was down for much of the day before adding about 14 points during the session. The S&P 500 and Nasdaq both slipped less than 0.1 percent.

"The stock rolled over because these are all, I guess, pedestrian applications," he added.

In a star-studded presentation, the tech giant revealed new services including its much-anticipated Apple TV+ streaming platform, Apple News+ package, Apple Card credit card, and Apple Arcade gaming bundle. Cramer estimated that these subscriptions could save consumers about $100 a month.

"These are all services for the 99 percent of America, not the 1 percent. And to the analysts who are a part of the 1 percent, these perks mean nothing. They don't care about saving a little extra money," he said. "They want Apple to change the world, not save you maybe $100 a month. But to most Americans, $100 a month is a godsend."

Cramer said that analysts were fishing for a blockbuster deal that would move the needle, but came up short. A move that would get analysts excited would be something like spending $50 billion on content to rival Netflix, picking up both Viacom and CBS for $40 billion, or to go after Cerner and Dexcom for $20 billion.

The latter, Cramer said, would help CEO Tim Cook make progress on the health care legacy he envisions for Apple by helping address cardiovascular illnesses and diabetes.

"If Apple did these deals, they could convert many of the analysts into believers, and that would get the stock moving right here, right now," he said.

Cramer acknowledged the market dragged lower because the Treasury bond yield curve is flashing signs of a potential recession, which the host isn't convinced of. He also said the ongoing trade standoff between the United States and China has no end in sight, as well as the Brexit dispute in the United Kingdom.

Additionally, big funds are selling off stocks to free up cash for the flurry of IPOs this year. Ride-hailing app Lyft will hit public markets Friday and its top competitor Uber also plans to go public this year.

"They don't get enough new money in to participate in these deals without ringing the register on something else, so they're dumping high-flying stocks like Salesforce ... in order to get in the likes of like Lyft and Uber," Cramer said.

"In the end, today was 'Apple Day' and as much as I like all the bells and whistles, I know the Wall Street jackals were not appeased," he said. "They wanted a game-changer that cost a fortune, not a bunch of pedestrian incremental improvements. I think they're wrong, which is why I continue to say you need to own Apple, not trade it."

Shares of Apple closed down 1.21 percent Monday.

WATCH: Cramer talks Apple Day and it's impact on Wall Street show chapters Apple Day was a game changer for its customers, not Wall Street, Jim Cramer says Apple Day was a game changer for its customers, not Wall Street, Jim Cramer says    2 Hours Ago | 13:36

Disclosure: Cramer's charitable trust owns shares of Apple and Salesforce.com.

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Thursday, March 28, 2019

Top 10 Casino Stocks To Invest In 2019

tags:MC,PAI,IFF,OXY,FLWS,OCLR,MAS,PLAY,NG,PCYO,

The U.S. Supreme Court just struck down as unconstitutional the Professional and Amateur Sports Protection Act of 1992, which barred states from authorizing sports gambling.

While sports betting has been legal in Nevada for decades, the court said Congress had the right to regulate sports gambling if it wanted, but if it abdicated that responsibility, then the states could move forward on their own. Although the 6-3 decision doesn't automatically legalize sports betting everywhere, states can now set up their own regulatory framework to govern it.

Image source: Getty Images.

Ready to go all-in

Casino operators are obviously invigorated by the news, and many have been planning for this eventuality. They say they're ready to hit the ground running, and some are prepared to have sports book rooms in place within weeks.

For example, MGM Resorts (NYSE:MGM) issued a statement saying:

Top 10 Casino Stocks To Invest In 2019: Moelis & Company(MC)

Advisors' Opinion:
  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Moelis & Co (MC)

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

  • [By Shane Hupp]

    Moelis & Co (NYSE: MC) and Monroe Capital (NASDAQ:MRCC) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.

  • [By Shane Hupp]

    Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Moelis & Co (NYSE:MC) by 57.5% during the second quarter, HoldingsChannel reports. The firm owned 15,006 shares of the asset manager’s stock after purchasing an additional 5,480 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Moelis & Co were worth $880,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    MAN Grp PLC/ADR (NYSE: MC) and Moelis & Co (NYSE:MC) are both mid-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

  • [By Logan Wallace]

    Moelis & Co (NYSE:MC) has been given an average recommendation of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $62.17.

  • [By Max Byerly]

    Moelis & Co (NYSE:MC) shares traded down 8.7% during mid-day trading on Thursday . The stock traded as low as $60.85 and last traded at $61.10. 920,800 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 398,993 shares. The stock had previously closed at $66.95.

Top 10 Casino Stocks To Invest In 2019: Pacific American Income Shares, Inc.(PAI)

Advisors' Opinion:
  • [By Max Byerly]

    PCHAIN (CURRENCY:PAI) traded up 0.3% against the dollar during the 24 hour period ending at 0:00 AM E.T. on June 23rd. One PCHAIN token can now be bought for about $0.0807 or 0.00001322 BTC on exchanges including Bibox, IDEX and Hotbit. PCHAIN has a total market capitalization of $0.00 and $2.46 million worth of PCHAIN was traded on exchanges in the last 24 hours. During the last week, PCHAIN has traded 18.4% lower against the dollar.

  • [By Shane Hupp]

    Project Pai (CURRENCY:PAI) traded down 6.5% against the US dollar during the 1 day period ending at 22:00 PM ET on July 11th. In the last week, Project Pai has traded flat against the US dollar. One Project Pai coin can currently be purchased for approximately $1.05 or 0.00016577 BTC on cryptocurrency exchanges including LBank, Bitfinex and Huobi. Project Pai has a total market capitalization of $0.00 and $86.99 million worth of Project Pai was traded on exchanges in the last day.

  • [By Joseph Griffin]

    Here’s how similar cryptocurrencies have performed during the last 24 hours:

    Get PCHAIN alerts: Maker (MKR) traded down 2.8% against the dollar and now trades at $662.44 or 0.16972011 BTC. IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC. THETA (THETA) traded down 2.8% against the dollar and now trades at $0.13 or 0.00003297 BTC. Aurora (AOA) traded up 28.2% against the dollar and now trades at $0.0164 or 0.00000420 BTC. Pundi X (NPXS) traded down 3.5% against the dollar and now trades at $0.0006 or 0.00000016 BTC. IOST (IOST) traded down 3.4% against the dollar and now trades at $0.0078 or 0.00000200 BTC. Huobi Token (HT) traded 6.2% lower against the dollar and now trades at $1.79 or 0.00045840 BTC. Project Pai (PAI) traded up 69.2% against the dollar and now trades at $0.0608 or 0.00001557 BTC. MCO (MCO) traded 2.8% higher against the dollar and now trades at $4.39 or 0.00068464 BTC. Oyster (PRL) traded flat against the dollar and now trades at $0.51 or 0.00008001 BTC.

    PCHAIN Token Profile

  • [By Stephan Byrd]

    PCHAIN (CURRENCY:PAI) traded down 1.2% against the dollar during the 1 day period ending at 0:00 AM E.T. on August 19th. PCHAIN has a market cap of $12.30 million and approximately $1.53 million worth of PCHAIN was traded on exchanges in the last 24 hours. Over the last week, PCHAIN has traded 9.6% lower against the dollar. One PCHAIN token can now be bought for about $0.0281 or 0.00000432 BTC on major exchanges including Bilaxy, Hotbit, DDEX and DEx.top.

Top 10 Casino Stocks To Invest In 2019: Internationa Flavors & Fragrances, Inc.(IFF)

Advisors' Opinion:
  • [By Dan Caplinger]

    Monday was a positive day on Wall Street, with market participants being generally pleased with news that crude oil pushed above the $70-per-barrel mark before falling slightly below it. That helped lift the energy sector up, although some other concerns held back certain other sectors, limiting gains in most major indexes to less than 1% on the day. Moreover, some companies made announcements that were ill-received by the market. International Flavors & Fragrances (NYSE:IFF), Tower Semiconductor (NASDAQ:TSEM), and Dentsply Sirona (NASDAQ:XRAY) were among the worst performers on the day. Here's why they did so poorly.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was International Flabors & Fragrances Inc. (NYSE: IFF) which traded down about 10% at $127.28. The stock's 52-week range is $126.08 to $157.40. Volume was 3.2 million compared to the daily average volume of about half a million.

  • [By WWW.GURUFOCUS.COM]

    For the details of Winder Investment Pte Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Winder+Investment+Pte+Ltd

    These are the top 5 holdings of Winder Investment Pte LtdInternational Flavors & Fragrances Inc (IFF) - 14,000,000 shares, 100% of the total portfolio. Shares added by 32.39%Added: International Flavors & Fr
  • [By Logan Wallace]

    International Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 49,807 shares of the business’s stock in a transaction on Wednesday, May 16th. The stock was bought at an average price of $124.16 per share, with a total value of $6,184,037.12. Following the transaction, the insider now owns 11,800,000 shares in the company, valued at $1,465,088,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

  • [By Lisa Levin]

     

    Companies Reporting After The Bell Hertz Global Holdings, Inc. (NYSE: HTZ) is projected to post quarterly loss at $1.31 per share on revenue of $1.97 billion. International Flavors & Fragrances Inc. (NYSE: IFF) is estimated to post quarterly earnings at $1.59 per share on revenue of $909.36 million. Zillow Group, Inc. (NASDAQ: ZG) is expected to post quarterly earnings at $0.06 per share on revenue of $294.79 million. General Cable Corporation (NYSE: BGC) is estimated to post quarterly earnings at $0.15 per share on revenue of $980.61 million. Central Garden & Pet Company (NASDAQ: CENT) is expected to post quarterly earnings at $0.84 per share on revenue of $598.45 million. Cabot Corporation (NYSE: CBT) is estimated to post quarterly earnings at $1 per share on revenue of $746.42 million. Fabrinet (NYSE: FN) is expected to post quarterly earnings at $0.71 per share on revenue of $319.71 million. National General Holdings Corp. (NASDAQ: NGHC) is projected to post quarterly earnings at $0.55 per share on revenue of $1.08 billion. The Navigators Group, Inc. (NASDAQ: NAVG) is estimated to post quarterly earnings at $0.75 per share on revenue of $320.92 million. Diplomat Pharmacy, Inc. (NYSE: DPLO) is expected to post quarterly earnings at $0.22 per share on revenue of $1.29 billion. Trex Company, Inc. (NYSE: TREX) is projected to post quarterly earnings at $1.19 per share on revenue of $172.22 million. AMC Entertainment Holdings, Inc. (NYSE: AMC) is expected to post quarterly earnings at $0.09 per share on revenue of $1.35 billion. Envision Healthcare Corporation (NYSE: EVHC) is projected to post quarterly earnings at $0.64 per share on revenue of $2.02 billion. Regal Beloit Corporation (NYSE: RBC) is estimated to post quarterly earnings at $1.23 per share on revenue of $869.64 million. Amedisys, Inc. (NASDAQ: AMED) is projected to post quarterly earnings at $0.67 per share on revenue of $39

Top 10 Casino Stocks To Invest In 2019: Occidental Petroleum Corporation(OXY)

Advisors' Opinion:
  • [By Chris Lange]

    Occidental Petroleum Corp.'s (NYSE: OXY) short interest decreased to 6.42 million shares from the previous reading of 8.60 million. Shares recently traded at $84.10, in a 52-week range of $58.44 to $87.67.

  • [By Stephan Byrd]

    ILLEGAL ACTIVITY NOTICE: “Occidental Petroleum Co. (OXY) Shares Bought by Csenge Advisory Group” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/4165402/occidental-petroleum-co-oxy-shares-bought-by-csenge-advisory-group.html.

  • [By Stephan Byrd]

    Alps Advisors Inc. lessened its holdings in shares of Occidental Petroleum Co. (NYSE:OXY) by 27.5% during the second quarter, Holdings Channel reports. The institutional investor owned 561,301 shares of the oil and gas producer’s stock after selling 212,895 shares during the quarter. Alps Advisors Inc.’s holdings in Occidental Petroleum were worth $46,970,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Occidental Petroleum (OXY)

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

  • [By ]

    Take one of our own holdings over at High-Yield Investing, Occidental Petroleum (NYSE: OXY). While grocery prices have increased by 35% since 2008, OXY's quarterly dividend distributions have risen from $0.25 to $0.78 per share -- an increase of 212%.

  • [By Chris Lange]

    Occidental Petroleum Corp.'s (NYSE: OXY) short interest decreased to 10.54 million shares from the previous reading of 12.07 million. Shares recently traded at $66.16, in a 52-week range of $56.83 to $87.67.

Top 10 Casino Stocks To Invest In 2019: 1-800 FLOWERS.COM Inc.(FLWS)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on 1-800-Flowers.Com (FLWS)

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

  • [By Joseph Griffin]

    1-800-Flowers.Com (NASDAQ:FLWS)‘s stock had its “buy” rating restated by analysts at Benchmark in a research note issued on Wednesday, Marketbeat.com reports. They presently have a $16.00 price objective on the specialty retailer’s stock, up from their previous price objective of $14.00. Benchmark’s price objective would suggest a potential upside of 26.28% from the company’s previous close.

  • [By Max Byerly]

    1-800-Flowers (NASDAQ:FLWS) had its price target hoisted by DA Davidson from $10.00 to $11.00 in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the specialty retailer’s stock. DA Davidson also issued estimates for 1-800-Flowers’ FY2018 earnings at $0.42 EPS, Q1 2019 earnings at ($0.24) EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at ($0.16) EPS, Q4 2019 earnings at ($0.10) EPS and FY2019 earnings at $0.54 EPS.

  • [By Motley Fool Transcribers]

    1-800-Flowers.com Inc (NASDAQ:FLWS)Q4 2018 Earnings Conference CallAug. 23, 2018, 11:00 a.m. ET

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

    Operator

Top 10 Casino Stocks To Invest In 2019: Oclaro, Inc.(OCLR)

Advisors' Opinion:
  • [By Steve Symington]

    Shares of Oclaro Inc. (NASDAQ:OCLR) fell 17.2% in April, according to data from S&P Global Market Intelligence, after the U.S. Department of Commerce announced a seven-year ban on sales by U.S. companies to China-based telecom equipment manufacturer ZTE (NASDAQOTH: ZTCOY).

  • [By Anders Bylund]

    Shares of fiber-optic networking components specialist Oclaro (NASDAQ:OCLR) soared 32.5% higher in the first half of 2018, according to data from S&P Global Market Intelligence. The price boost here also is known as a buyout premium -- sector peer Lumentum Holdings (NASDAQ:LITE) is buying Oclaro for a cool $1.8 billion.

  • [By Money Morning News Team]

    Oclaro Inc. (Nasdaq: OCLR) is a Silicon Valley-based semiconductor equipment company. It is a designer, manufacturer, and marketer of modules, optical components, and subsystems for data center, metro, and long-haul markets worldwide.

  • [By Elizabeth Balboa]

    Acacia Communications, Inc. (NASDAQ: ACIA) fell 4.3 percent and Oclaro Inc (NASDAQ: OCLR) 1.1 percent, while Applied Optoelectronics Inc (NASDAQ: AAOI) and Lumentum Holdings Inc (NASDAQ: LITE) dipped marginally.

  • [By Ezra Schwarzbaum]

    Oclaro Inc (NASDAQ: OCLR) was up 5.95 percent. Shares of the company had dropped 15.2 percent when the ban was first announced.

    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 Peter Graham]

    Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is the most shorted stock on the NASDAQ with short interest of 62.65% according to Highshortnterest.com.

Top 10 Casino Stocks To Invest In 2019: Masco Corporation(MAS)

Advisors' Opinion:
  • [By Max Byerly]

    Get a free copy of the Zacks research report on Masco (MAS)

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

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Masco (MAS)

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

  • [By Max Byerly]

    Masco (NYSE:MAS) was upgraded by stock analysts at Evercore ISI to an “outperform” rating in a research report issued to clients and investors on Monday, The Fly reports.

  • [By Stephan Byrd]

    Richard Bernstein Advisors LLC bought a new stake in shares of Masco Corp (NYSE:MAS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 102,647 shares of the construction company’s stock, valued at approximately $3,841,000.

Top 10 Casino Stocks To Invest In 2019: Dave & Buster's Entertainment, Inc.(PLAY)

Advisors' Opinion:
  • [By Chris Lange]

    Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) reported its fiscal second-quarter financial results before the markets opened on Friday. The company said that it had $0.84 in earnings per share (EPS) and $319.2 million in revenue, which compares with consensus estimates that called for EPS of $0.67 and $315.25 million in revenue. The same period of last year reportedly had $0.71 in EPS on revenue of $280.75 million.

  • [By Jeremy Bowman, Steve Symington, and Demitrios Kalogeropoulos]

    Still, there are stocks that are poised to pop this month. Keep reading to see why these three Motley Fool contributors think you should keep your eye on The TJX Companies (NYSE:TJX), Adobe Systems (NASDAQ:ADBE), and Dave & Buster's Entertainment (NASDAQ:PLAY).

  • [By Paul Ausick]

    Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) traded down nearly 22% Monday and posted a new 52-week low of $44.00 after closing Friday at $56.37. The 52-week high is $73.48. Volume was about 7.5 million, more than six times the daily average of around 1.2 million shares. The company lowered fourth quarter guidance this morning.

  • [By Logan Wallace]

    Dynamic Technology Lab Private Ltd acquired a new position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) in the second quarter, Holdings Channel reports. The fund acquired 45,243 shares of the restaurant operator’s stock, valued at approximately $2,154,000.

  • [By Jim Crumly]

    As for individual stocks, RH (NYSE:RH) jumped on strong profit growth and Dave & Buster's Entertainment (NASDAQ:PLAY) rose after reporting first-quarter results and announcing plans for expanding its offering of exclusive virtual reality titles.

  • [By Rick Munarriz]

    Dave & Buster's Entertainment (NASDAQ:PLAY), Habit Restaurants (NASDAQ:HABT), and Del Frisco's Restaurant Group (NASDAQ:DFRG) are three stocks in this space that I feel offer healthy upside at current levels. All three are trading below their highs, but there are good reasons why they should be worth more than they are at the moment. Pull up a seat. I'll serve you this three-course meal. 

Top 10 Casino Stocks To Invest In 2019: Natural Gas(NG)

Advisors' Opinion:
  • [By Logan Wallace]

    NovaGold Resources Inc. (TSE:NG) (AMEX:NG) insider David Ottewell sold 60,309 shares of the business’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of C$4.85, for a total value of C$292,498.65.

  • [By Max Byerly]

    NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) VP David A. Ottewell sold 60,309 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $3.73, for a total value of $224,952.57. Following the transaction, the vice president now owns 645,385 shares in the company, valued at $2,407,286.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

  • [By Money Morning Staff Reports]

    Canadian gold mining company NovaGold Resources Inc. (NYSE: NG) shows an even starker change in sentiment. In the last 12 months, the volume of short bets on the stock declined 79%, to 522,400.

Top 10 Casino Stocks To Invest In 2019: Pure Cycle Corporation(PCYO)

Advisors' Opinion:
  • [By Max Byerly]

    Artesian Resources Co. Class A (NASDAQ: ARTNA) and Pure Cycle (NASDAQ:PCYO) are both small-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.

  • [By Logan Wallace]

    Media headlines about Pure Cycle (NASDAQ:PCYO) have been trending somewhat negative recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty 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. Pure Cycle earned a news impact score of -0.19 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.6210374255656 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Logan Wallace]

    BidaskClub lowered shares of Pure Cycle (NASDAQ:PCYO) from a buy rating to a hold rating in a report issued on Tuesday.

    Pure Cycle stock opened at $11.55 on Tuesday. Pure Cycle has a 12-month low of $6.65 and a 12-month high of $11.74.

Tuesday, March 26, 2019

GE Confirms: Hydrogen Can Cut CO2 Emissions, And Potentially Transform GE's Gas Turbine Business

Foreword

This article is expressly not intended to spark a debate on global warming, climate change, melting ice caps, shrinking sea ice, ocean acidification, rising sea levels, cooling of the stratosphere, or any other actual or perceived effects/symptoms of increased and increasing CO2 emissions. This article does assume: (1) it is highly desirable, and a matter of urgency, to limit and reduce CO2 emissions, and other related emissions from fossil fuels, wherever possible; and (2) the best way to achieve that is to concentrate specifically on that task, rather than on endless and futile debates about the effects/symptoms. Despite still comprising relatively low percentages of the total energy mix, renewables are running up against what is termed, "energy curtailment", whereby at times of peak generation they are producing more electricity than the demand at the time. Installing more renewables generation cannot solve this problem, only exacerbate it. At the same time, during periods of low renewables power generation, fossil fuel based power generation is required to maintain power supply. In order to encourage greater investment in renewables generation, there are mandates in place to give preference to "green" power over fossil fuel based power when there is a surplus of availability. This can lead to gas fired and other fossil fuel based power plants being utilised intermittently depending on whether the sun is shining or the wind is blowing. This intermittent use can be by the minute, by the hour, by the day and over long periods. This leads to high maintenance costs as well as low utilisation, which adversely affects the economics of these plants. This is a strong deterrent to investment in newer, high efficiency fossil fuel based generation to replace ageing, low efficiency plants, with high CO2 and other emissions per unit of power generated. The answers to the foregoing issues involve both new and improved electricity grids, enabling wider distribution of excess energy, and a means of storing energy generated in excess of requirements for later use. I believe the most likely form of storing energy will be in the form of hydrogen, produced using excess electricity generated by both renewables, and presently under utilised capacity of high efficiency gas turbines. The Ingrid project in Puglia, Italy is an example of the use of hydrogen to balance out power supply and demand.

GE: Investment Thesis

In a press release on March 14, 2019, General Electric (GE) guided for 2019 adjusted EPS (non-GAAP) of $0.50 to $0.60. In my article, "GE: Culp Brings Simplification And Value Creation, Share Price Will See $20 Before $10", I wrote,

Aviation and the remainder of Healthcare are performing well and can be expected to continue to perform well in the future. It is the Power segment, starting from a very low base, where Culp has the possibility of achieving very large increments in operating profits. It is my belief the markets for Power and Renewable Energy segments' profits have been severely affected by distortions related to the political approach to CO2 emissions. I can see some sanity returning to these markets as the politics are forced to change as reality sets in. I believe GE can have a major role in influencing these necessary changes and can benefit from the changes. Contingent on the politics of CO2 undergoing a change, I can see Power and Renewable Energy segments becoming increasingly profitable, hence my more optimistic outlook on the share price.

To put the above into perspective, let us assume an above mid-point EPS guidance of $0.58 for 2019. Now, if we simplistically assume the $0.58 will increase by 20% per year through end of 2021, we arrive at 2021 projected EPS of $0.835, which at a 15.0 P/E ratio would give a share price of $12.53 as per TABLE 1 below.

TABLE 1

There is still a considerable degree of actual and perceived risk associated with an investment in GE shares. Buying today at $9.98 for an average return of 7.9% per year, as indicated by TABLE 1, does not appear to be an attractive option. Despite the assumed 20% per year growth rate for EPS, indicating rapid improvement in GE's financial position, it is not nearly enough to justify an investment in GE at the current share price.

Looking At GE Potential EPS Growth From A Different Angle

GE provided more comprehensive guidance by segment on March 14, 2019, in the 2019 GE Investor Outlook - Presentation. Utilising assumptions from that presentation, I have compiled TABLE 2 below.

TABLE 2

It is clear from TABLE 2, Power is critical to a turn around for GE. Pre Alstom in 2015, GE Power segment operating profit was $4.656 billion. TABLE 2 shows just getting back to a Power segment operating profit of $3.2 billion by 2021, could see the share price increase to over $14. That does not allow for any operating profit at all from Renewables segment in 2019 or for 2021. Getting Renewables segment back on track and profitable is another significant opportunity for GE. If the politics surrounding CO2 emissions are sorted out, and I expect they will be, I believe an EPS of $0.95 for GE and a share price of $14.21 by end of 2021 could prove incredibly conservative.

The War On CO2 Needs To Be A War On CO2, Not A War On Fossil Fuels

Sadly, climate activists have focused on an impossible goal of the immediate elimination of fossil fuel for base load electricity generation, rather than exploring every possible means available to actually reduce CO2 emissions. In addition, policies favoring renewable-based electricity over fossil fuel-based electricity, when there is excess supply, has adversely affected the economics of fossil fuel-based electricity, even though both forms of electricity production are essential in the overall mix. The vilification of fossil fuels has resulted in an unwillingness of financiers and operators to invest in new, improved, low emissions, fossil fuel-based power generation technology, including natural gas fired turbines, to replace ageing high emissions plants. I believe these are the major cause of the reduction in markets for GE's Power segment products. I also believe we are reaching a tipping point in the politics surrounding CO2 emissions reduction.

GE: Embracing The Hydrogen Generation

This article by GE's Chris Noon appeared on January 7, 2019 in "The Hydrogen Generation: These Gas Turbines Can Run On The Most Abundant Element In the Universe". I recommend the article as a must read for any present or intending GE investor. I urge those interested to read the whole article, to see how presently wasted hydrogen emissions from various coke, oil and gas, and other plants, can be easily captured and used in GE gas turbines. In addition, at times of excess electricity generation, this need not be wasted, but can be converted to hydrogen and mixed with natural gas in natural gas pipelines for fuel for gas turbines. These excerpts from the article give some idea of the potential savings in CO2 emissions,

For example, in both 2015 and 2016, Germany and the U.K. together recorded around 5 terawatt-hours of "curtailed" wind power — electricity that could have been produced but wasn't, due to lack of demand and other factors. That's enough to power all of India for an entire day. But what if all that wasted wind power could instead be used for electrolyzing water, a process that uses an electric current to split water —H2O — into its constituent atoms and generate oxygen and hydrogen. This way, you can have hydrogen, a potent fuel with zero-carbon emissions that has itself been produced by harnessing carbon-free wind power that would otherwise have been wasted.

and

For instance, using a 5 percent blend of hydrogen in the natural gas supply to GE's 9F.03 gas turbine reduces its annual CO2 emissions by nearly 19,000 metric tons. A 50 percent blend saves 281,000 tons, while a 95 percent blend cuts CO2 emissions by a whopping 1.04 million tons. That's equivalent to the annual carbon footprint of nearly 70,000 Americans. "The beauty of these turbines is their fuel flexibility," Goldmeer says. "They're part of the solution."

To put this in perspective, GE has an installed base of 7,000+ gas turbines.

GE: Towards Meaningful CO2 Emissions Reduction

In a previous article, referenced above, I summarised sentiments expressed by Hillary Clinton, "do your best to make what appears impossible possible. But, recognize if there is a gap between expectations and reality, and be inspired to do something about that gap". When that principle is recognized at climate summits, hopefully in the near future, I believe there will be a resurgence in GE's Power segment. This will likely extend beyond coal-fired and gas-fired generation technology, to extension of lives of existing nuclear plants, and construction of new nuclear plants, as well as massive upgrades to electricity grids. And that will result in a reduction in the gap between actual CO2 emissions, and target CO2 emissions. I believe GE must also start to think beyond introducing hydrogen to natural gas lines and investigate building capabilities in the area of pure gaseous and liquid hydrogen storage and distribution, to assist to eliminate CO2 emissions from motor transport. Hydrogen is a far cleaner technology than batteries, which I believe will create huge disposal problems in the future. The more GE can facilitate the conversion of excess electricity generation to hydrogen, the greater the potential utilization of gas power plants and windpower installations. Greater utilization can significantly improve the economics and lead to more sales. At Analysts' Corner, we are currently discussing GE's potential involvement in the hydrogen-electrical supergrid, something that requires the influence of a GE, together with other large corporations, and the cooperation of government, to bring to fruition. It will transform the future for GE, and the whole of the USA, and ultimately the world and its war on CO2 emissions.

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. I do not recommend that anyone act upon any investment information without first consulting an investment advisor and/or a tax advisor as to the suitability of such investments for their specific situation. Neither information nor any opinion expressed in this article constitutes a solicitation, an offer, or a recommendation to buy, sell, or dispose of any investment, or to provide any investment advice or service. An opinion in this article can change at any time without notice.

The Trump Administration Can't Have It All When It Comes To Oil

&l;p&g;Oil prices are rising and the Trump Administration is going to have to decide between its foreign policy goals and low oil prices for consumers.&l;/p&g;&l;figure class=&q;image-embed embed-0&q;&g;&l;div&g;&l;img src=&q;https://specials-images.forbesimg.com/imageserve/1131323607/960x0.jpg?fit=scale&q; alt=&q;AZERBAIJAN-OPEC&q; data-height=&q;3000&q; data-width=&q;4590&q;&g;&l;/div&g;&l;figcaption&g;&l;fbs-accordion&g;&l;p class=&q;color-body light-text&q;&g;Saudi Arabia&s;s Energy Minister Khalid al-Falih chairs the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non- OPEC countries in Baku on March 18, 2019. (Photo by Mladen ANTONOV / AFP) (Photo credit should read&l;small&g;AFP/Getty Images&l;/small&g;&l;/p&g;&l;/fbs-accordion&g;&l;/figcaption&g;&l;/figure&g;&l;p&g;The U.S. oil benchmark, WTI, is near $60 per barrel, and the international benchmark, Brent, is closing in on $70 per barrel. Gasoline prices in the United States are also on the rise. According to GasBuddy, the &l;a href=&q;https://business.gasbuddy.com/march-madness-sets-in-at-gas-pumps-across-the-us/&q; target=&q;_blank&q; class=&q;color-accent&q;&g;average price&l;/a&g; of gasoline across the country has just seen its fifth straight week of increases and is now $2.54 per gallon.&l;/p&g;&l;p&g;U.S. production is still going strong at 11.9 million barrels per day, &l;a href=&q;https://www.eia.gov/outlooks/steo/&q; target=&q;_blank&q; class=&q;color-accent&q;&g;according to the EIA&l;/a&g;, but this isn&s;t impacting the oil markets. Right now, the signs are pointing towards tighter oil supplies ahead.&l;/p&g;&l;fbs-ad position=&q;inread&q; progressive&g;&l;/fbs-ad&g;&l;p&g;OPEC and its non-OPEC partners just pledged to pick up the pace on their production cuts. &l;a href=&q;https://www.reuters.com/article/us-saudi-oil-exports/saudi-arabia-to-cut-oil-exports-in-april-saudi-official-idUSKBN1QS0SN&q; target=&q;_blank&q; class=&q;color-accent&q;&g;Saudi Arabia&l;/a&g; said it will produce only 9.8 million barrels per day in March and April, which is well below its quota of 10.3 million barrels per day. Russia, which has been delinquent on its promised production cuts, pledged to finally follow through this spring and summer. Iraq, which regularly overproduces its quota, also &l;a href=&q;https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031819-opec-cancels-april-meeting-on-steady-market-outlook&q; target=&q;_blank&q; class=&q;color-accent&q;&g;committed&l;/a&g; to cutting production by 200,000 to 250,000 barrels per day over the next several months. Another &l;a href=&q;https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031819-kazakhstan-will-comply-with-with-promised-oil-output-cuts-as-giant-kashagan-field-shuts&q; target=&q;_blank&q; class=&q;color-accent&q;&g;big cut&l;/a&g; will come from Kazakhstan, which plans to shut its Kashagan oil field for maintenance in April and May. This will remove at least 200,000 barrels per day from the market until production resumes in June.&l;/p&g;&l;p&g;On top of this, the Trump Administration&s;s &l;a href=&q;https://www.reuters.com/article/us-venezuela-politics-usa-abrams/u-s-envoy-says-venezuela-oil-production-dropping-steadily-idUSKCN1QW2HM&q; target=&q;_blank&q; class=&q;color-accent&q;&g;sanctions&l;/a&g; on Venezuela have brought that country&s;s oil production down to just 1 million barrels per day. However, tighter sanctions and electricity outages make further drops likely. The Trump Administration&s;s sanctions on Iran have also cut that country&s;s oil production. Iran&s;s oil exports are now just below 1.5 million barrels per day, according to &l;a href=&q;https://tankertrackers.com/news/crude-oil-exports-report/iran-february-2019&q; target=&q;_blank&q; class=&q;color-accent&q;&g;TankerTrackers.com&l;/a&g;, but the &l;a href=&q;https://www.reuters.com/article/us-usa-sanctions-iran-oil-exclusive/exclusive-u-s-aims-to-cut-iran-oil-exports-to-under-1-million-bpd-from-may-sources-idUSKCN1QU35V&q; target=&q;_blank&q; class=&q;color-accent&q;&g;State Department&l;/a&g; says it wants to bring this number down below 1 million barrels per day in May.&l;/p&g;&l;div class=&q;vestpocket&q; vest-pocket&g;&l;/div&g;&l;p&g;The Trump Administration continues to sing a familiar refrain when asked about restricting Venezuela and Iran&s;s oil exports - that there&s;s room in the oil market to push its oil sanctions more aggressively. Specifically, an administration official, referenced a &l;a href=&q;https://www.cnbc.com/2019/03/13/us-thinks-it-can-be-more-aggressive-in-taking-iran-oil-exports-to-zero.html&q; target=&q;_blank&q; class=&q;color-accent&q;&g;forecast&l;/a&g; that predicted supply would outpace demand by 400,000 barrels per day in 2019. The problem is that between Saudi Arabia, Iraq, Kazakhstan and Venezuela, those 400,000 barrels per day will be off the market by April. This leaves the Trump Administration with a choice between pressuring Iran and higher oil prices for American consumers.&l;/p&g;&l;p&g;The President may try to pressure Saudi Arabia to increase its production—a tactic that worked last year. But after oil prices took a nose dive when Trump suddenly granted exemptions for imports of Iranian oil by China, India and others, the President is unlikely to find a sympathetic ear in Saudi Arabia this time. U.S. oil production is strong, but the type of oil produced in the Permian can&s;t be used as a substitute for Venezuela&s;s and Iran&s;s heavy oil exports.&l;/p&g;&l;p&g;Very soon, the Trump administration is going to have to choose between pursuing its foreign policy goals in Iran and Venezuela and ensuring low oil and gasoline prices for American consumers and manufacturers. The administration can&s;t have it both ways in today&s;s oil market.&l;/p&g;&q;,&q;bodyAsDeltas&q;:&q;

Saturday, March 23, 2019

The One Thing You Should Do This Tax Season to Help with Retirement Success

&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-1132387322&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1132387322/960x0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Man&s;s hand holding coin to put in glass money jar with retirement label.

For most Americans, meeting with their tax professional is akin to going to the dentist. It can be painful and potentially full of bad news, yet we all have to do it if we want to be financially successful. One of the key benefits of meeting with your tax professional is the opportunity to focus on retirement planning.

All across the country in meetings with tax professionals, taxpayers are being reminded that they can still fund certain retirement plans such as IRAs, Roth IRAs and Health Savings Accounts (HSAs)&a;nbsp;for 2018 until the April 15&l;sup&g;th&l;/sup&g; deadline.&a;nbsp; Even better, SEP IRAs can be funded up to when you file your return.&a;nbsp; That can be a huge benefit for those self-employed individuals on extension.

But in the weeks leading up to the April 15&l;sup&g;th&l;/sup&g; deadline, taxpayers are often trying to quickly come up with the funds to contribute to these retirement plans.&a;nbsp; For many, that might be hard to find the $5,500 needed for IRA and Roth IRA contributions (and an additional $1,000 for the age 50 plus &a;lsquo;catch up&a;rsquo; contribution) as well as $3,500 to $7,000 for your HSA.&a;nbsp; It&a;rsquo;s a large financial commitment to make even though it can be good for your overall retirement picture.

But rather than going through this rush every year when your tax professional mentions these opportunities, it would be better to create a streamlined process for retirement planning.

&l;strong&g;Take the Thinking Out Of It&l;/strong&g;

Planning for retirement can be an overwhelming process. Ideally, strategies for retirement planning should be simple and straightforward. Typically individuals should expect to use several different retirement plans to achieve success.&a;nbsp; The first step is to look at best funding methods for IRAs and HSAs throughout the year versus the rush at tax time to fund these accounts.

The IRS lays out the maximum plan contributions in the months leading up to the new year. &l;a href=&q;https://www.irs.gov/newsroom/401k-contribution-limit-increases-to-19000-for-2019-ira-limit-increases-to-6000&q; target=&q;_blank&q;&g;For instance, the 2019 contribution amounts were announced in November 2018.&a;nbsp;&l;/a&g; With this information in hand, one of the best things a taxpayer can do is fund their accounts on a monthly basis and adjust the amount upward every year to meet the contribution limit increase.

This is a good strategy for several reasons. First, it avoids a frantic rush to fund the accounts prior to deadline, which helps with cash flow. It&a;rsquo;s probably easier to come up with a few hundred dollars a month than $6,000 in one lump sum to fully fund for 2019.&a;nbsp; It also enables retirement funding to be incorporated into a monthly budget.&a;nbsp; For example, to fully max out an IRA for 2019, &a;nbsp;the taxpayer would make a monthly contribution of $500, or $583.33 for those over 50.

Second, by moving money into the account through a monthly transfer, it means that the taxpayer is investing in the markets on a monthly basis. This is often called &l;a href=&q;https://www.investopedia.com/terms/d/dollarcostaveraging.asp&q; target=&q;_blank&q;&g;dollar cost averaging &l;/a&g;where you invest the same dollar amount into an investment on a regular basis, regardless of the cost of the investment.&a;nbsp; This type of strategy can help mitigate short term volatility as the taxpayer is buying in at a variety of prices as the markets return.

Further, the ease of using a target retirement mutual fund can take the guesswork of how to build out a cost-effective diversified portfolio. The monthly investment into this type of fund allows broad market exposure.

&l;strong&g;Use Your Tax Appointment as Your Annual Check Up&l;/strong&g;

In funding an IRA and HSA, you want to always be moving forward towards retirement success. But a watched pot never seems to boil and the same is true with retirement planning.

One of the biggest mistakes a taxpayer can make is looking at their investment accounts too frequently. When an account is reviewed too often, the investment can become an emotional issue, and the taxpayer may react to market volatility in a manner that is contrary to their best long-term interest.

The best investors are those who can remain detached. It&a;rsquo;s easier to be objective if you review the portfolio quarterly, biannually or even just annually.

That is where the visit to your tax professional could be incredibly helpful. In your annual tax meeting, bring your investment statement so that a tax professional can look at how the account did over the year.&a;nbsp; They can help you benchmark your account to make sure it continues to perform over time.

&l;strong&g;Process Can Create Success&l;/strong&g;

For most investment accounts, a monthly transfer from a bank account into an IRA or HSA is very simple to set up. But that one simple action can open up the path to retirement success.&a;nbsp; Consistently funding and investing your IRA or Roth IRA becomes a repeatable action that fosters success.&a;nbsp; While it might seem small in the short term, the impact of annual funding compounding over 10 or 20 years can mean the difference between retiring on schedule or needing to work longer.

&a;nbsp;&l;/p&g;

Monday, March 18, 2019

The iShares Core S&P Mid-Cap ETF's Underlying Holdings Could Mean 10% Gain Potential

&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-1135726509&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1135726509/960x0.jpg?fit=scale&q; data-height=&q;693&q; data-width=&q;960&q;&g; Getty

Looking at the underlying holdings of the ETFs in our coverage universe at &l;a href=&q;https://www.etfchannel.com/&q; target=&q;_blank&q;&g;ETF Channel&l;/a&g;, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.&a;nbsp; For the iShares Core S&a;amp;P Mid-Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $208.04 per unit.

With IJH trading at a recent price near $189.57 per unit, that means that analysts see 9.74% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IJH&s;s underlying holdings with notable upside to their analyst target prices are Belden, Herman Miller and Synovus Financial. Although BDC has traded at a recent price of $57.80/share, the average analyst target is 13.15% higher at $65.40/share. Similarly, MLHR has 11.58% upside from the recent share price of $35.85 if the average analyst target price of $40.00/share is reached, and analysts on average are expecting SNV to reach a target price of $42.88/share, which is 10.65% above the recent price of $38.75.

Below is a summary table of the current analyst target prices discussed above:

&a;nbsp;

&l;/p&g;&l;div class=&q;table-wrapper&q;&g;&l;table class=&q;hctblstyle&q; border=&q;0&q; cellspacing=&q;0&q; cellpadding=&q;0&q;&g;&l;tbody&g;&l;tr&g;&l;th&g;Name&l;/th&g; &l;th align=&q;center&q;&g;Symbol&l;/th&g; &l;th align=&q;right&q;&g;Recent Price&l;/th&g; &l;th align=&q;right&q;&g;Avg. Analyst 12-Mo. Target&l;/th&g; &l;th align=&q;right&q;&g;% Upside to Target&l;/th&g; &l;/tr&g;&l;tr&g;&l;td&g;&l;b&g;iShares Core S&a;amp;P Mid-Cap ETF&l;/b&g;&l;/td&g; &l;td align=&q;center&q;&g;&l;b&g;IJH&l;/b&g;&l;/td&g; &l;td align=&q;right&q;&g;&l;b&g;$189.57&l;/b&g;&l;/td&g; &l;td align=&q;right&q;&g;&l;b&g;$208.04&l;/b&g;&l;/td&g; &l;td align=&q;right&q;&g;&l;b&g;9.74%&l;/b&g;&l;/td&g; &l;/tr&g;&l;tr&g;&l;td&g;Belden&l;/td&g; &l;td align=&q;center&q;&g;BDC&l;/td&g; &l;td align=&q;right&q;&g;$57.80&l;/td&g; &l;td align=&q;right&q;&g;$65.40&l;/td&g; &l;td align=&q;right&q;&g;13.15%&l;/td&g; &l;/tr&g;&l;tr&g;&l;td&g;Herman Miller&l;/td&g; &l;td align=&q;center&q;&g;MLHR&l;/td&g; &l;td align=&q;right&q;&g;$35.85&l;/td&g; &l;td align=&q;right&q;&g;$40.00&l;/td&g; &l;td align=&q;right&q;&g;11.58%&l;/td&g; &l;/tr&g;&l;tr&g;&l;td&g;Synovus Financial&l;/td&g; &l;td align=&q;center&q;&g;SNV&l;/td&g; &l;td align=&q;right&q;&g;$38.75&l;/td&g; &l;td align=&q;right&q;&g;$42.88&l;/td&g; &l;td align=&q;right&q;&g;10.65%&l;/td&g; &l;/tr&g;&l;/tbody&g;&l;/table&g;&l;/div&g;

Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock&s;s trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.

&l;a href=&q;http://www.etfchannel.com/slideshows/ten-etfs-with-most-upside/&q; target=&q;_blank&q;&g;Click here to find out 10 ETFs With Most Upside To Analyst Targets &a;raquo;&l;/a&g;

Friday, March 15, 2019

Dicks Sporting Goods Earnings: Three Key Problems

On Tuesday, mid cap Dicks Sporting Goods (NYSE: DKS) sank 11.01% after Q4 earnings and after management dropped three bombshells (or near bombshells) that could significantly impact the Company's future performance:

1) Dick's Sporting Goods will stop selling hunting products, including rifles and ammunition at 125 stores in 2019, with the Chairman & CEO having this to say in the earnings call (a transcript is available here): 

Late in the third quarter, we removed hunt -- we removed the hunt category from 10 Dick's stores where it underperformed and replaced it with a more compelling assortment. These 10 stores generated positive comp sales and had a strong margin-rate improvement during the fourth quarter.

Following this success, we will remove hunt from approximately 125 additional Dick's stores in 2019 where the category underperforms. It will be replaced with merchandise categories that can drive growth, each based on the needs of that particular market.

The CFO added:

During the quarter, our best performing categories included apparel, athletic footwear, outdoor equipment fitness and our private brands. Apparel and athletic footwear each delivered low-single-digit comp increases. The strength in athletic footwear is driven by key brands and represented an improvement compared to the prior quarter. Additionally, we were pleased with the performance of outdoor equipment and fitness each posting strong comp increases. The strength in outdoor equipment was driven by improved in-stocks and strike points across strategic vendors.

Our private brands also continued to comp positively with higher penetration. We continue to see double-digit declines in hunt and electronics, which together impacted the comp sales by 3% for the quarter. Excluding these impacts, our consolidated same-store sales increased 0.8%. Team sports also declined driven by used baseball bats as we begin to anniversary last years bat regulation change.

It is worth noting that gun sales have fallen by a double digit percentage across the sector since Donald Trump was elected as fears of gun bans have eased. In the Q&A, the Chairman & CEO clarified:

We look at this as a multi-year initiative. We -- the 10 stores we're very pleased with. We're expanding it to 120 some stores and we'll see how that goes. And if it goes as well as expected, we would probably take another batch of stores next year. This is around having productive space. And there is some places that the hunt business is very good, other places that it's not very good. And we're just allocating floor space to make our boxes more productive. And the 10 stores we're pretty enthusiastic about the response we have there.

Nevertheless, the mainstream news media (as opposed to the financial press where most people don't get their news from) has heavily trumpeted the news that guns will no longer be available at Dick's Sporting Goods and many current gun owning hunter customers may just assume that dropping guns and hunting is politically motivated – meaning they will take their business elsewhere this year. After all, EVERYTHING nowadays is political or considered to be politically motivated.

2) In the earnings call, the CFO noted further investments to be made in Dick's Sporting Goods' online business along with the necessary technology at the backend:

Looking ahead, we believe a big opportunity to continue improving our online experiences to faster and more reliable delivery. To achieve this, we're investing significantly in our fulfillment capabilities. As I mentioned last quarter, we're building two new dedicated eCommerce fulfillment centers in New York and California. These new facilities will open during the third quarter and will enable us to deliver the majority of our online orders within two business days in the near future.

The state-of-the-art facility in New York will be highly efficient as we invest in robotics to drive automation and optimize our cost per shipment. We will also continue to improve the functionality and performance of our website. This will include a faster and more convenient checkout, improved page responsiveness and exciting new content through our Pro Tips platform. In addition, later this year, we will re-platform our mobile and tablet sites. This will allow us to control our own mobile destiny and deliver quality features to our athletes faster.

However, CNBC's Jim Cramer reacted by saying that the Company "dropped the bomb" on retail by telling shareholders it must invest more in its online business (as the expense of doing so will hit margins) to fend off Amazon.com:

"That means Dick's needs to spend even more money building out its own omni-channel presence while also suffering from lower gross margins because competition from Amazon always puts pressure on your pricing… Dick's is the best at what it does, but just about everything else that they sell you can get on Amazon… Dick's is just supposed to be a company that knows sporting goods. They know baseball bats, Air Jordans, not robotics for heaven's sake… So Dick's has to keep plowing money into the most expensive, least-rewarding channel to keep up with Amazon, a company with much lower expenses… I think you gotta stay away because right now it's just too hard to be a brick-and-mortar retailer if you have too much commodity and merchandise that can be bought more cheaply and conveniently via Amazon Prime."

By staying away, Cramer meant staying away from retail stock in general and instead favor stocks like Adobe (NASDAQ: ADBE) and Salesforce.com (NYSE: CRM) as they work to make sure customers enjoy their experience and remember to come back along with Honeywell (NYSE: HON) which sells robotics to Amazon.

3) Finally, the Chairman & CEO said:

Lastly, our private brands will continue to be an integral part of this strategy to drive differentiation and exclusivity in our assortment. During 2018, our private brands remained strong, growing double digits. As a percent of total net sales, our private brand sales increased to approximately 14% compared to 12% last year. In 2019, we expect to continue to strengthen as our private brands will play an important role in our space allocation and assortment strategies.

We will expand CALIA's footprint in approximately 80 stores. Launch a new athletic apparel brand in time for back-to-school that will replace Reebok and enhance the quality of our existing offerings with a focus on product innovation. To support this strategy, we will continue to invest in our products development team to help us reach out $2 billion sales goal in private brands.

In other words, further margin compression and expenses until the new private label brand takes off.

The Company had also cut back on the space given to Under Armour (NYSE: UAA) with the Chairman & CEO repeatedly blaming them during multiple earnings calls last year for negatively impacting sales; but he noted in the Q&A: "…we're enthusiastic about our Under Armour business going forward. But it will remain in the floor space that it has today… Under Armour will turnaround in our stores."

Dicks Sporting Goods' technical chart seems to reflect investor uncertainty plus the Company has elevated short interest of 20.39% according to Highshortinterest.com.


Thursday, March 14, 2019

Cannabis stocks rally after NJ governor, lawmakers unveil plan for legal weed

Shares of major cannabis companies rallied Tuesday after New Jersey politicians outlined plans to legalize the adult use of recreational marijuana in the state.

Several New Jersey legislators joined Democratic Governor Phil Murphy in announcing Tuesday a bill that would allow adult-use marijuana in the Garden State. The legislation would also allow municipalities that are home to a cultivator or manufacturer to collect the revenue from a 2 percent tax on the product within their jurisdiction.

"Legalizing adult-use marijuana is a monumental step to reducing disparities in our criminal justice system," Murphy said in a press release. "After months of hard work and thoughtful negotiations, I'm thrilled to announce an agreement with my partners in the Legislature on the broad outlines of adult-use marijuana legislation."

If the bill is passed and signed into law, the New Jersey adult-use marijuana market would be governed by a Cannabis Regulatory Commission, composed of five members appointed by the governor. The commission will be tasked with promoting regulations to govern the industry and will oversee applications for licensing.

Growing cannabis also would be subject to an excise tax of $42 per ounce and municipalities that are home to a cultivator or manufacturer will receive the revenue from a 2 percent tax. Cities and townships home to a retailer would receive the revenue from a 3 percent tax on products sold.

Many of the largest cannabis companies in the world rallied Tuesday following the announcement from the Democratic governor, including a number of Canadian growers.

Cronos Group rallied 4.5 percent, Canopy Growth gained 3.7 percent, Tilray added 3.4 percent and Aurora rose 2.6 percent. Nine of the top 10 holdings of the $1.1 billion ETFMG Alternative Harvest ETF — a fund that tracks the equity performance of many companies that legally cultivate cannabis — gained in midday trading Tuesday.

Some U.S.-based companies in the cannabis space also rose Tuesday. New York-based Acreage Holdings, where former U.S. House of Representatives Speaker John Boehner serves as a director, gained 2.7 percent. Meanwhile, Green Thumb Industries, an investment of billionaire Leon Cooperman's, rose 5.6 percent. Both stocks trade on exchanges in Canada.

Certain provisions in the bill also establish an "expedited expungement process" for individuals convicted of low-level marijuana offenses. The bill would include a virtual process that would automatically prevent certain marijuana offenses from being taken into account in certain areas such as education, housing, and occupational licensing.

Kevin Murphy, CEO of Acreage Holdings. Adam Jeffery | CNBC Kevin Murphy, CEO of Acreage Holdings.

The lawmakers also said the legislation includes "a number of provisions" designed to guarantee diverse participation in the burgeoning industry for minorites and women-owned businesses. Some states that have moved to legalize recreational use, like Massachusetts, have struggled to broaden participation in the new market to black and Latino entrepreneurs.

Marijuana remains illegal on a federal level in the United States, but 10 states and the District of Columbia have allowed its use for recreational purposes. Michigan in November became one of the latest states to OK recreational marijuana.

Wednesday, March 13, 2019

Remain long on Nifty with a stop loss at 11,000: HDFC Securities

Nandish Shah

After two days of consolidation, the Nifty50 resumed its upward journey and surged 132 points to close at 11,168 on March 11.

During the last week, the index had broken out from the consolidation range of 10,690 to 11,000, which held for the last 15 weeks.

The index is currently trading above its 20, 50, 100 and 200-Day SMA. Oscillators and indicators like DMI and MACD have turned bullish on daily as well as weekly charts.

related news Backdrop for emerging markets more benign than 4 months ago: EPFR Global Podcast | Stock Picks of the Day: 'Banking and financials likely to outperform' Top buy and sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term

The immediate resistance for the Nifty is seen at 11,345, which happens to be 76.4 percent Fibonacci retracement of the fall seen from the all-time high 11,760 (August 2018 high) to 10,004 (October 2018 bottom). Support is now shifted upward to 11,000, which was acting as resistance earlier.

The Bank Nifty gained 0.74 percent to close at 27,966. Bank Nifty is only 1.5 percent away from its all-time high of 28,388, registered in August 2018. It is trading above all important moving averages, which indicates bullish setup for medium to long-term.

Bank Nifty formed a bullish flag candlestick pattern on the weekly charts, which indicates a continuation of a primary uptrend after small correction.

"Flag" pattern projects the upside target at 30,400 in Bank Nifty, which is still at 9 percent distance from the current levels.

From the bottom of Feb 19, 2019, the Nifty Midcap and Smallcap indices have risen 10.5 percent and 15 percent respectively, while Nifty gained 5 percent in the same period.

In the derivatives also, we have seen the build-up of long positions in Nifty and Bank Nifty futures. FIIs created fresh longs in both index futures and options segment last week. Amongst the options, Put writing is seen at 10,900-11,000 levels.

Considering the technical and derivative evidence discussed above, we believe that one should remain optimistic in the Nifty with the stop loss of 11,000.

Moreover, considering that the Nifty has not gone anywhere in the past three series and we began the march month with lowest open interest in stock futures segment for the last 22 months, we expect the Nifty to reach even 11,500 in the coming days. Midcap and Smallcap Indices are likely to outperform the Nifty. Fish where the fishes are!

Here are three stocks that could give 8-10 percent return in the next 1 month:

Jubilant Foodworks: Buy| LTP: Rs 1,372| Target Rs 1,480 | Stop loss: Rs 1,310 | Upside: 8 percent

Jubilant Food gave a bullish breakout from the symmetrical triangle pattern on the daily chart by closing above the resistance level of Rs 1,365.

The stock price is trading above its 5, 20 and 200-day SMA indicating a bullish trend for the short as well as medium term.

Oscillators and momentum indicators have turned bullish on the daily as well as weekly charts. Therefore, we recommend buying Jubilant Food for the target of Rs 1,480 and keep a stop loss at Rs 1,310.

Torrent Power: Buy| LTP: Rs 257| Target: Rs 280| Stop loss: Rs 243 | Upside: 9 percent

After taking support near its 200-day moving average for the last two days, Torrent Power has broken out on the daily chart by closing above the resistance level of Rs 254.

The primary trend of Torrent Power is bullish where the stock price is trading above its 20, 50 and 200-day SMA.

Momentum indicators and oscillators like RSI and MACD are showing strength on the daily charts. In the derivatives, we have seen long build up in the Torrent Power futures.

Therefore, we recommend buying Torrent Power at CMP of Rs 257 and average at Rs 252 for the target of Rs 280 and keep a stop loss at Rs 243.

Century Ply: Buy| LTP: Rs 193| Target: Rs 212 |Stop loss: Rs 180| Upside: 10 percent

After forming multiple bottoms around Rs 160 last month, Century Ply broke out on the daily chart on March 11 by closing above the resistance level of Rs 190 to close at a five-month high.

The stock price is trading above its 5 and 20-day SMA, indicating bullish trend for the short to medium-term.

Oscillators and momentum indicators are also showing strength in the stock. Therefore, we recommend buying Century Ply for the target of Rs 212 and keep a stop loss at Rs 180

The author is Senior Technical & Derivatives Analyst, HDFC Securities.

Disclaimer: The views and investment tips expressed by investment expert 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 Mar 12, 2019 11:43 am

Monday, March 11, 2019

Women Are Overwhelmingly Falling Down in This Financial Area

Whether they hold down jobs or take care of the household, women contribute to their families' financial well-being in many ways. As such, they need to protect their loved ones by securing life insurance.

Yet 43% of U.S. women don't have a life insurance policy in place, and among those who do have one, many are underinsured. Furthermore, despite the fact that women make up 57% of the U.S. labor force, they carry 31% less life insurance than their male counterparts.

If you're currently without a life insurance policy, it pays to explore your options for getting coverage. And the sooner you do, the better.

Why you need life insurance

Life insurance isn't gender-dependent. Essentially, you need life insurance if you have people in your life who depend on you financially or who stand to suffer financially if you were to pass away.

Closeup of woman with short red hair and glasses

IMAGE SOURCE: GETTY IMAGES.

Imagine you're married and earn $60,000 a year and your income is used to help cover the mortgage, feed your kids, and pay for life's many expenses. Would your spouse manage to foot those bills alone if that income of yours were to go away?

Even if you don't earn money, it pays to secure life insurance if your passing would negatively impact your family's finances. Let's say you don't work, but rather, stay home to watch your two children so that your spouse can work. Let's also assume that it would cost $30,000 a year to put your children into a day-care center. If you were to pass away, your spouse would have no choice but to bear that expense in order to keep his or her job. And that could constitute a major financial blow for your family.

That's why you absolutely need life insurance, even if your contributions to your household aren't financial in nature. And the earlier in life you apply for coverage, the greater your chances of not only getting approved, but snagging a more favorable rate on your premiums.

The right life insurance for you

Not all life insurance is created equal, so your goal should be to find a policy that meets your family's financial needs at a price you can afford. Life insurance can be broken down into two main categories: term versus permanent. As the name implies, term life insurance only covers you for a specific period of time. Once that term runs out, you get no money from your policy if you don't pass away during your coverage period -- which is technically a good thing, since it means you lived.

Permanent life insurance, by contrast, covers you forever. It also accumulates a cash value, which you can choose to borrow against or even surrender and cash out later in life if the need or desire arises. Though permanent life insurance offers more comprehensive coverage, it tends to be much more expensive than term life insurance, so that's a factor you'll need to consider.

You'll also need to determine how much of a death benefit you want your family to receive, keeping in mind that the higher that number, the more you'll pay. You might select a death benefit equal to a certain number of years times your current salary. For example, if you earn $60,000 a year and want to provide your family with a decade of earnings, you'd get a $600,000 policy. If you don't work, you might figure out the cost of child care times the number of years you'd need it for, and go with that number.

If you're not sure how much coverage to secure, it pays to consult with a financial advisor who can inquire about your family's needs and goals to help you nail down that number. Either way, life insurance is one thing you don't want to put off, because if tragedy strikes and you're uninsured, your family's suffering might compound exponentially.

Sunday, March 10, 2019

BlackRock Inc. Boosts Position in Liberty Sirius XM Group Series C (LSXMK)

BlackRock Inc. increased its holdings in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 8.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,170,640 shares of the technology company’s stock after purchasing an additional 925,302 shares during the quarter. BlackRock Inc. owned 5.66% of Liberty Sirius XM Group Series C worth $450,070,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Strs Ohio increased its holdings in Liberty Sirius XM Group Series C by 22.0% in the 3rd quarter. Strs Ohio now owns 14,787 shares of the technology company’s stock valued at $642,000 after purchasing an additional 2,668 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Liberty Sirius XM Group Series C by 12.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 139,180 shares of the technology company’s stock valued at $6,043,000 after purchasing an additional 14,956 shares during the last quarter. Acadian Asset Management LLC increased its holdings in Liberty Sirius XM Group Series C by 224.2% in the 3rd quarter. Acadian Asset Management LLC now owns 13,451 shares of the technology company’s stock valued at $584,000 after purchasing an additional 9,302 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Liberty Sirius XM Group Series C by 27.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 18,256 shares of the technology company’s stock valued at $794,000 after purchasing an additional 3,974 shares during the last quarter. Finally, Sterling Capital Management LLC acquired a new stake in Liberty Sirius XM Group Series C in the 3rd quarter valued at approximately $878,000. 81.43% of the stock is owned by institutional investors and hedge funds.

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LSXMK has been the subject of several research reports. Pivotal Research dropped their target price on shares of Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating for the company in a report on Monday, November 12th. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Friday, January 4th.

NASDAQ:LSXMK opened at $40.47 on Friday. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 20.13 and a beta of 1.20. Liberty Sirius XM Group Series C has a 52 week low of $34.84 and a 52 week high of $48.56.

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Liberty Sirius XM Group Series C Company Profile

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)