The “Trump Rally” has sent the Dow soaring 14% since Election Day, but the market could fall just as quickly, and a market crash in 2017 is a serious possibility.
President Trump’s proposals to boost infrastructure spending, lower taxes, and cut regulations to boost economic growth have all made investors extremely bullish in 2017.
“Everyone is looking to Trump…as the stock market’s chief motivator,” CNBC reported as recently as March.
Best Growth Stocks To Buy Right Now: Buffalo Wild Wings Inc.(BWLD)
Advisors’ Opinion:
- [By Rich Duprey]
Is Netflix (NASDAQ: NFLX) original programming likeThe Crown more interesting to watch than the Golden State Warriors’ bid to run away with the NBA championship? Could be, as the movie streaming giant continues to add to its subscriber base while sports bars like Buffalo Wild Wings (NASDAQ:BWLD) lose customers quarter after quarter.
- [By WWW.THESTREET.COM]
Meanwhile, over on Real Money, Cramer looks at the heated battle at Buffalo Wild Wings (BWLD) and says activism still lives. Get his insight strategies with a free trial subscription to Real Money.
- [By Hilary Kramer]
We welcome host of Fox Business Network’s Making Money with Charles Payne to this year’s contest. When he’s not on air, the rags-to-riches financial guru is editing his free weekly newsletter, Charles Payne’s Smart Talk, as well as his new newsletter, Charles Payne’sSmart Investing, which allows individuals insights into picks that were formerly only available to institutions.
Payne is going with the owner, operator and franchiser of a wildly popular sports and wings bar for this year’s pick: Buffalo Wild Wings (BWLD).
With commodities prices in the dumps, BWLD stands to benefit as Americans have more cash lining their pockets thanks to lower gas prices. That’s cash, Charles reasons, that Buffalo Wild Wings will be able to claim a chunk of. Not to mention the fact that if chicken prices remain subdued, it’ll mean a beefier bottom line.
- [By Peter Graham]
After the market closed yesterday, small cap restaurant and entertainment stockDave & Busters Entertainment Inc (NASDAQ: PLAY) reported Q4 2016 earnings with shares falling by mid single digit percentagesin after hours trading. The Company apparently beat expectations on earnings, but fell short of expectations for comps. Likewise, the stock has already had a very good run meaning expectations were super high.Take a look at the following long term chart which shows Dave & Busters Entertainmentsshare performanceascompared to potential peers such as Buffalo Wild Wings (NASDAQ: BWLD) and upscale gentlemen’s clubs and restaurant ownerRCI Hospitality Holdings, Inc (NASDAQ: RICK):
- [By Ben Levisohn]
Buffalo Wild Wings (BWLD) has dropped 3% to $157.51 after its earnings fell short of the Street consensus.
Las Vegas Sands (LVS) has declined 1.1% to $58.60 despite beating earnings forecasts.
- [By Peter Graham]
A long term performance chart shows Dave & Busters Entertainment being a pretty steady performer up until June while potential peer, upscale gentlemen’s clubs and restaurant ownerRCI Hospitality Holdings, Inc (NASDAQ: RICK), took off last yearand Buffalo Wild Wings (NASDAQ: BWLD) has started to fall off:
Best Growth Stocks To Buy Right Now: Intuitive Surgical Inc.(ISRG)
Advisors’ Opinion:
- [By Benzinga News Desk]
Microsoft (NASDAQ: MSFT) Reports Q4 EPS $0.69 vs. Est. $0.58, Rev. $22.64B vs. Est. $22.14B
Intuitive Surgical (NASDAQ: ISRG) Reports Q2 GAAP EPS $4.71, Adj. EPS $5.62 vs $4.97 Est., Sales $670.1M vs $540.7M Est.
Halliburton (NYSE: HAL) Q2 EPS ($0.14) vs ($0.19) est, Revenue $3.84B vs $3.75B est
Morgan Stanley (NYSE: MS) Q2 EPS $0.75 vs $0.59 est, Revenue $8.9B vs $8.3B est - [By Joseph Hogue]
Enter Intuitive Surgical (Nasdaq: ISRG) and Da Vinci, a robotic arm that allows surgeons to operate with just a single incision less than an inch in size.
- [By Ashley Moore]
Here is a table of the 10 most expensive stocks trading on U.S. markets today:
Company (Ticker)Price per ShareMarket CapBerkshire Hathaway Inc. (NYSE: BRK-A)$ 257,227.52$ 419.50 billionSeaboard Corp. (NYSEMKT: SEB)$ 3,760.00$ 4.48 billionNVR Inc. (NYSE: NVR)$ 1,944.23$ 7.19 billionThe Priceline Group Inc. (Nasdaq: PCLN)$ 1,727.94$ 80.82 billionMarkel Corp. (NYSE: MKL)$ 978.51$ 13.78 billionWhite Mountains Insurance Group Ltd. (NYSE: WTM)$ 935.01$ 4.25 billionAmazon.com Inc. (Nasdaq: AMZN)$ 846.08$ 408.27 billionAlphabet Inc. (Nasdaq: GOOGL)$ 844.06$ 582.85 billionAutoZone Inc. (NYSE: AZO)$ 744.26$ 21.04 billionIntuitive Surgical Inc. (Nasdaq: ISRG)$ 735.63$ 28.41 billion
Best Growth Stocks To Buy Right Now: MEDIFAST INC(MED)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Friday, non-cyclical consumer goods & services shares rose by just 0.3 percent. Meanwhile, top losers in the sector included Medifast Inc (NYSE: MED), down 5 percent, and Bridgford Foods Corporation (NASDAQ: BRID), down 6 percent.
- [By Peter Graham]
Although obesity is widespread, small cap dieting stocks havetended to causeinvestor portfolios to loose weight. A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) stillbelow or at breakeven for longer term investors whileMedifast Inc (NYSE: MED)has performed better and NutriSystem Inc (NASDAQ: NTRI) hasfinally begun to take offearly last year:
- [By Peter Graham]
A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) still underperforming whileNutriSystem Inc (NASDAQ: NTRI) and Medifast Inc (NYSE: MED) began taking off early last year:
Best Growth Stocks To Buy Right Now: Nordstrom Inc.(JWN)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
One theme that’s become apparent is that consumers are betting that a Trump tax cut will lead to more money in their pockets. That’s good news for the so-called “trade-up” stocks like Nordstrom (JWN) and Kohl’s (KSS) .
- [By Adam Levine-Weinberg]
After several years of being a Wall Street darling, Nordstrom (NYSE:JWN) has fallen out of favor since 2015 as it has been hit by some of the same negative trends that have hurt the department store sector as a whole.
- [By WWW.THESTREET.COM]
There seems to be no cure for the rise of e-commerce, Cramer admitted to viewers, as a vicious downgrade of Nordstrom (JWN) last week sent shares reeling by more than 9%.
- [By Ben Levisohn]
Nordstrom (JWN) tumbled to the bottom of the S&P 500 today after getting downgraded at JPMorgan.
Getty Images
Nordstrom dropped 8.7% to $50.48 today, while the S&P 500 dipped 0.2% to 2,258.07.
JPMorgan’s Matthew Boss and team explain why they cut Nordstrom to Underweight from Neutral today:
Nordstroms top-line profile has moderated to low-to-mid single digits with mgmt citing tighter expense control as a near-term fix rather than long term model solution clarifying its mid-teens ROIC target as more an aspiration rather than near-term reality. Cutting FY18 EPS power to $3.00 (< Street at $3.27) based on flattish same-store sales the next two years (negative low-single digits Full-line offset by +LSD Rack) and modest SG&A deleverage (initial Manhattan pressure in FY17 building into FY18) partially offset by slight GPM expansion. With shares ofNordstrom up 57% the past 6 months (vs S&P 500 +13%), we downgrade to Underweight, lowering our price target to $48 based on 6.0x our 18 EBITDA (= 16.5x FY18 EPS).
Nordstrom’s market capitalization fell to $8.8 today from $9.6 billion yesterday. It reported net income of $600 million on sales of $14.4 billion in fiscal 2016.
Barron’s Johanna Bennett also panned Nordstrom today.
- [By Jeremy Bowman]
Downbeat holiday sales reports byKohl’s(NYSE:KSS) andMacy’s(NYSE:M) pushed the department store sector, and much of retail, in the red on Thursday. As of 11:38 a.m. EST, Kohl’s was down 19.5%, Macy’s was down 14.4%, and peers includingNordstrom(NYSE: JWN) andJ.C. Penney(NYSE: JCP) also tumbled, falling 9.8% and 6.7%, respectively.
- [By Adam Levine-Weinberg]
Upscale retailer Nordstrom (NYSE:JWN) faces the same negative trends as Macy’s in its full-line business. However, while Nordstrom’s management has shown a willingness to close a store here or there, investors shouldn’t expect any kind of massive store closure program at Nordstrom.
