New York, NY, based Investment company Chuck Royce buys Copart Inc, Cooper Tire & Rubber Co, Fabrinet, Supreme Industries Inc, Celestica Inc, Wabash National Corp, Marcus & Millichap Inc, Xperi Corp, Houlihan Lokey Inc, AMN Healthcare Services Inc, sells Cognex Corp, Aceto Corp, Buckle Inc, Dillard’s Inc, Meredith Corp during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Royce & Associates LLC. As of 2017-03-31, Royce & Associates LLC owns 1116 stocks with a total value of $15.3 billion. These are the details of the buys and sells.
New Purchases: STS, CLS, XPER, WIN, ATHN, MOD, NCIT, KINS, TGH, OLED, Added Positions: CPRT, CTB, FN, WNC, MMI, HLI, AMN, FII, IIIN, JBSS, Reduced Positions: CGNX, ACET, BKE, DDS, MDP, THO, MKSI, PTC, GNTX, RBA, Sold Out: CLC, SCOR, BC, ELNK, MENT, KE, FIT, IL, NMBL, ZLTQ,
For the details of Chuck Royce’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Chuck+Royce
australian stock market: Altisource Residential Corporation(RESI)
Advisors’ Opinion:
- [By Mark Holder]
Altisource Residential (NYSE: RESI ) (NYSE: RESI ) (NYSE: RESI ) purchases distressed mortgage loan portfolios with a strategy to work with borrowers to modify and refinance loans to either keep them in their homes or convert the unmodified loans into renovated rental properties.
australian stock market: Intec Pharma Ltd.(NTEC)
Advisors’ Opinion:
- [By Lisa Levin]
Intec Pharma Ltd (NASDAQ: NTEC) shares were also up, gaining 14 percent to $5.53. Intec Pharma priced 10.6 million share offering at $4.70 per share.
- [By Lisa Levin]
Intec Pharma Ltd (NASDAQ: NTEC) shares dropped 25 percent to $5.57. Intec Pharma reported a Q3 loss of $0.29 per share.
Shares of Diplomat Pharmacy Inc (NYSE: DPLO) were down 23 percent to $14.71. Diplomat Pharmacy agreed to buy LDI Integrated Pharmacy Services. Baird downgraded Diplomat Pharmacy from Outperform to Neutral.
australian stock market: Genuine Parts Company(GPC)
Advisors’ Opinion:
- [By ]
After delivering 9% (including dividends) since my recommendation, shares of Genuine Parts Co. (NYSE: GPC) now trade at an attractive 15% discount to their 52-week high. Despite the rise and sudden drop, my original investment thesis is still intact.
- [By WWW.MONEYSHOW.COM]
Aflac (AFL) — yielding 2.5%
Archer-Daniels Midland (ADM) — yielding 2.7%
Chevron (CVX) — yielding 3.8%
ExxonMobil (XOM) — yielding 3.6%
Genuine Parts (GPC) — yielding 2.7%
Johnson & Johnson (JNJ) — yielding 2.8%
T. Rowe Price (TROW) — yielding 3.2% - [By Lee Samaha]
Genuine Parts Company (NYSE:GPC), owner of NAPA Auto Parts, became the first of the major auto parts companies to report earnings and sales for its first-quarter period ending on March 21.
australian stock market: Panasonic Corporation (PCRFY)
Advisors’ Opinion:
- [By SEEKINGALPHA.COM]
Clean Technica reported on September 1 that “Sony is entering the EV battery manufacturing industry”. And “considering that electric vehicle batteries are going to be the main supply bottleneck for the upcoming auto market’s embrace of EVs, the entry of Sony into the field is very notable. Most of the other manufacturers (Panasonic (OTCPK:PCRFY), LG Chem (OTC:LGCLF), etc.) already have more or less all of their production capacity locked up for the coming years – meaning there’s not much left for the auto manufacturers that are running behind, thereby limiting potential EV sales for the firms in question. Sony’s (NYSE:SNE) entry into the field should open things up a bit more”. Certainly a good move by Sony and helpful for the EV companies that will find themselves in need of batteries, and limited availability, should EVs reach 10% by 2020.
- [By SEEKINGALPHA.COM]
SMMYY is a subsidiary of the Sumitomo Group. SMMYY is a major smelter and refiner of copper, nickel and gold in Japan, and has a 27.5% stake in the Ambatovy Nickel Project in Madagascar, along with Sherritt International and Korea Resources Corp. Feedstock for the refinery is nickel cobalt mixed sulphide from its Taganito and Coral Bay mines in the Philippines (noting the Philippines is a risky supply source at this time). Sumitomo supply Panasonic (OTCPK:PCRFY) who supply Tesla (NASDAQ:TSLA); however, this can change. Generally, I like the stock; however, at this time, valuation looks full, trading on a 2017 PE of 32.8, and 2018 PE of 14.8. Good to buy after a pullback if that occurs.
- [By Ben Levisohn]
During the early stages of a new innovation, interdependent architectures and integrated companies best optimize performance and functionality. This trend has played out in computing and handsets, and we see the same trend playing out in EVs. We find Tesla and BYD1 , by far, the most vertically integrated players in EVs, with huge scale advantages. In addition, LG Chem, Panasonic (PCRFY), Samsung SDI, BYD, and CATL are clear scale leaders in batteries (CATL is not publicly traded. All but Samsung SDI and BYD are not covered by Bernstein.).
- [By SEEKINGALPHA.COM]
A Unilever vs. Panasonic (OTCPK:PCRFY) showdown seems to be something out of an alternative, weird universe. But that’s exactly what has been happening in the Asia-Pacific region, where Unilever is now a major seller of air and water purification devices. The acquisitions of Qinyuan and Pureit water purifiers, as well as the acquisition of Sweden-based Blueair in 2016, reflects Unilever’s latest growth strategy of reducing exposure to low-growth brands in favor of greater investments in higher-growth products with strong social and environmental credentials.
australian stock market: PIMCO 25+ Year Zero Coupon US Trs ETF (ZROZ)
Advisors’ Opinion:
- [By Todd Shriber, ETF Professor]
Investors with a taste more rate-sensitive bond ETF may want to consider the PIMCO 25 Yr Zro Cupn US Ty Inx Fd ETF (NYSE: ZROZ) and the Vanguard Extended Duration ETF (NYSE: EDV).
