Best Blue Chip Stocks To Buy For 2019

When I initiated coverage on Xerox (NYSE:XRX), I concluded that the stock wasn’t dead, and in January, I opined the name was also not “dead money.” That is important to reiterate. But this once stellar blue chip has certainly fallen from grace, big time. I then told you that the company was “not dead yet.” But friends, are we approaching the death of Xerox? I mean, it has been struggling for a long time. I suggested on nice dips you could buy simply for the yield and collect the dividend, but growth was nowhere to be found. I said had in my prior work numerous times that we needed to see some improvement in the underlying metrics before I could get behind the name. Well, in the past three months, the stock has moved sideways to higher, but will there be sustained momentum? That is tough to tell, but the name has been downgraded and the most recent earnings were not great.

The truth is that performance has been pitiful of late and is the reason shares have declined. Well here, Q3 shows that there are still declining revenues. Revenue as a whole came in at $4.21 billion, and this messed estimates by $100 million. However, this was also down 5.4% year over year, continuing a string of declining quarters. In addition the degree of declining revenues seems to be picking up and this is real bad news. Of course, as I have discussed in-depth in other articles, the strong dollar has hurt companies with international businesses.

Best Blue Chip Stocks To Buy For 2019: Washington Real Estate Investment Trust(WRE)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Washington Real Estate Investment Trust (NYSE:WRE) has received a consensus rating of “Hold” from the eight ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $29.75.

  • [By Max Byerly]

    Colony Group LLC cut its stake in shares of Washington Real Estate Investment Trust (NYSE:WRE) by 8.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,266 shares of the real estate investment trust’s stock after selling 2,410 shares during the period. Colony Group LLC’s holdings in Washington Real Estate Investment Trust were worth $797,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Washington Real Estate Investment Trust (WRE)

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

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Washington Real Estate Investment Trust (WRE)

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

  • [By Stephan Byrd]

    Shares of Washington Real Estate Investment Trust (NYSE:WRE) have been assigned an average rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $31.33.

Best Blue Chip Stocks To Buy For 2019: Oxford Industries Inc.(OXM)

Advisors’ Opinion:

  • [By Motley Fool Staff]

    Oxford Industries (NYSE:OXM) Q1 2018 Earnings Conference CallJun. 12, 2018 4:30 p.m. ET

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

    Operator

  • [By Logan Wallace]

    Shares of Oxford Industries Inc (NYSE:OXM) have been given a consensus rating of “Buy” by the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $89.13.

  • [By Ethan Ryder]

    Summit Trail Advisors LLC increased its stake in shares of Oxford Industries Inc (NYSE:OXM) by 6,570.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 516,123 shares of the textile maker’s stock after buying an additional 508,385 shares during the quarter. Summit Trail Advisors LLC’s holdings in Oxford Industries were worth $516,000 as of its most recent SEC filing.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Oxford Industries (OXM)

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

  • [By Garrett Baldwin]

    Today, Bill offers our readers a few of his favorites as Trump meets with Kim Jong Un. Here’s how to cash in regardless of how this summit turns out in the long run.

    The Top Stock Market Stories for Tuesday
    Last night, President Trump met North Korean leader Kim Jong Un in Singapore. This was the first meeting between a sitting American president and a North Korean leader. Following the agreement, analysts noted that the document signed by both parties included no concrete details for achieving denuclearization on the Korean Peninsula. Trump responded to criticism by saying he is fully confident that the Korean dictatorship will follow through. A U.S. district court will rule on whether to approve an $85 billion merger between AT&T Inc. (NYSE: T) and Time Warner Inc. (NYSE: TWX). The decision comes after about six weeks of debate in a courtroom. The ruling will likely have a significant impact on the proposed bid by The Walt Disney Co. (NYSE: DIS) for media giant Twenty-First Century Fox Inc. (NYSE: FOXA). The Fed Open Market Committee kicks off its June meeting today. The U.S. central bank is expected to raise interest rates for the second time in 2018. On Wednesday, U.S. Federal Reserve Chair Jerome Powell will likely announce a hike of 0.25% to the benchmark rate to 2%. This would also mark the seventh hike since December 2015. Markets will be looking for clues during Powell’s conference to determine how many additional times the Fed plans to raise interest rates during the final six months of the year.
    Three Stocks to Watch Today: RH, TSLA, GE
    Restoration Hardware Holdings Inc. (NYSE: RH) stock popped more than 20% in pre-market hours after the company reported very strong profits for the quarter. The retailer reported earnings per share of $1.33, well above the $1.02 anticipated by analysts. The company also reported a strong second-quarter outlook, news that reduced concerns about it falling short of revenue expectations. Tesla Inc. (Nasdaq: TS

  • [By Max Byerly]

    Oxford Industries (NYSE:OXM) announced its quarterly earnings results on Wednesday. The textile maker reported $1.83 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.83, Bloomberg Earnings reports. The company had revenue of $302.60 million for the quarter, compared to analysts’ expectations of $306.12 million. Oxford Industries had a net margin of 6.30% and a return on equity of 15.17%. Oxford Industries’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.44 EPS. Oxford Industries updated its Q3 guidance to $0.10-0.20 EPS and its FY19 guidance to $4.45-4.65 EPS.

Best Blue Chip Stocks To Buy For 2019: Global Eagle Entertainment Inc.(ENT)

Advisors’ Opinion:

  • [By Logan Wallace]

    INMARSAT PLC/ADR (OTCMKTS: IMASY) and Global Eagle Entertainment (NASDAQ:ENT) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, risk, profitability, institutional ownership, valuation, earnings and analyst recommendations.

  • [By Ethan Ryder]

    Eternity (CURRENCY:ENT) traded down 9.5% against the dollar during the 1-day period ending at 19:00 PM Eastern on August 18th. Over the last seven days, Eternity has traded 20.9% lower against the dollar. Eternity has a total market capitalization of $59,865.00 and approximately $115.00 worth of Eternity was traded on exchanges in the last day. One Eternity coin can currently be purchased for approximately $0.0132 or 0.00000206 BTC on popular cryptocurrency exchanges including Livecoin, Trade Satoshi and YoBit.

  • [By Logan Wallace]

    Boingo Wireless (NASDAQ: WIFI) and Global Eagle Entertainment (NASDAQ:ENT) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

  • [By Stephan Byrd]

    ENTCash (CURRENCY:ENT) traded flat against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on September 24th. ENTCash has a market capitalization of $0.00 and $0.00 worth of ENTCash was traded on exchanges in the last day. Over the last week, ENTCash has traded flat against the US dollar. One ENTCash coin can currently be purchased for approximately $0.0249 or 0.00000273 BTC on major exchanges.

  • [By Joseph Griffin]

    Remark (NASDAQ: MARK) and Global Eagle Entertainment (NASDAQ:ENT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.

Best Blue Chip Stocks To Buy For 2019: Old National Bancorp Capital Trust I(ONB)

Advisors’ Opinion:

  • [By Logan Wallace]

    Peregrine Capital Management LLC decreased its position in shares of Old National Bancorp (NASDAQ:ONB) by 18.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 304,956 shares of the bank’s stock after selling 69,410 shares during the period. Peregrine Capital Management LLC owned approximately 0.20% of Old National Bancorp worth $5,672,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    Old National Bancorp (NASDAQ:ONB) Director Katherine E. White sold 1,064 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.80, for a total transaction of $18,939.20. Following the transaction, the director now owns 1,243 shares in the company, valued at approximately $22,125.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

  • [By Max Byerly]

    Russell Investments Group Ltd. reduced its holdings in shares of Old National Bancorp (NASDAQ:ONB) by 31.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 441,479 shares of the bank’s stock after selling 198,314 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.29% of Old National Bancorp worth $7,461,000 as of its most recent filing with the SEC.

  • [By Ethan Ryder]

    Bank of New York Mellon Corp lifted its stake in shares of Old National Bancorp (NASDAQ:ONB) by 1.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,451,745 shares of the bank’s stock after buying an additional 57,759 shares during the quarter. Bank of New York Mellon Corp’s holdings in Old National Bancorp were worth $64,203,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Old National Bancorp (ONB)

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

  • [By Shane Hupp]

    SG Americas Securities LLC grew its position in Old National Bancorp (NASDAQ:ONB) by 122.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 150,316 shares of the bank’s stock after buying an additional 82,641 shares during the period. SG Americas Securities LLC’s holdings in Old National Bancorp were worth $2,796,000 at the end of the most recent quarter.

Best Blue Chip Stocks To Buy For 2019: EnLink Midstream, LLC(ENLC)

Advisors’ Opinion:

  • [By Max Byerly]

    EnLink Midstream (NYSE:ENLC) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

  • [By Matthew DiLallo]

    The company took a major step in that direction this week after announcing that it had agreed to sell its stakes in midstream companies EnLink Midstream Partners (NYSE:ENLK) and EnLink Midstream (NYSE:ENLC) for $3.125 billion in cash. The shale driller plans to use that cash to repurchase up to $4 billion of its shares through the end of next year, assuming this transaction closes. These moves could unlock significant shareholder value in the coming year.

  • [By Stephan Byrd]

    EnLink Midstream (NYSE:ENLC) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

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