Lets face it: budgeting is a real pain. Thats why Andrew Sivertsen, a partner and senior financial planner in the Quad Cities office of The Planning Center, advocates another way to control your money. A much easier way. His prescription:
Just saying the word budget is enough to cause your gut to wrench and make you feel guilty. Many academics and journalists have told us that a budget is the cornerstone of financial success. Yet according to a recent Gallup poll, two thirds of Americans dont have a budget, and I would guess that the one third that do arent all that excited about the process.
On top of being boring and time intensive, budgets remind us that our money is finite. They punish us for making purchases that seemed exciting at the time, but later turned out to conflict with our financial goals. Whats worse is that many affluent individuals earn so much income that they think budgeting is only for college students or newlyweds. The fact is that the benefits of budgeting are actually greater for individuals at their income level.
Best Heal Care Stocks To Buy For 2019: Cowen Group, Inc.(COWN)
- [By Ethan Ryder]
SG Americas Securities LLC trimmed its stake in shares of Cowen Inc Class A (NASDAQ:COWN) by 48.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,567 shares of the financial services provider’s stock after selling 22,579 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Cowen Inc Class A worth $311,000 at the end of the most recent quarter.
- [By Joseph Griffin]
Waddell & Reed (NYSE: WDR) and Cowen Group (NASDAQ:COWN) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, dividends, earnings and analyst recommendations.
- [By Sean Williams]
In fact, the real possibility of users substituting cannabis for alcohol is one reason why investment firm Cowen Group (NASDAQ:COWN), which is arguably more bullish than any other investment firm on the legal marijuana industry, increased its long-term outlook on marijuana sales by 50%, or $25 billion, to $75 billion.It’s worth pointing out that Cowen’s original estimate calling for $50 billion in annual sales only ran until 2026, and the new estimate extends until 2030. Still, that’s a lofty target for an industry that did “only” $9.7 billion in legal sales in 2017, according to ArcView Market Research.
- [By Joseph Griffin]
ValuEngine cut shares of Cowen Inc Class A (NASDAQ:COWN) from a hold rating to a sell rating in a report published on Friday.
COWN has been the subject of a number of other reports. BidaskClub upgraded shares of Cowen Inc Class A from a sell rating to a hold rating in a research note on Saturday, April 7th. Sandler O’Neill started coverage on shares of Cowen Inc Class A in a research note on Friday, May 18th. They issued a buy rating and a $19.00 price objective for the company. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Cowen Inc Class A presently has an average rating of Hold and an average price target of $17.67.
- [By Max Byerly]
Cowen Inc Class A (NASDAQ:COWN) Director Peter A. Cohen sold 5,000 shares of the company’s stock in a transaction dated Friday, June 15th. The stock was sold at an average price of $15.23, for a total transaction of $76,150.00. Following the completion of the sale, the director now owns 698,095 shares in the company, valued at approximately $10,631,986.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
- [By Joseph Griffin]
MetLife Investment Advisors LLC bought a new stake in Cowen Group (NASDAQ:COWN) in the fourth quarter, HoldingsChannel.com reports. The fund bought 13,196 shares of the financial services provider’s stock, valued at approximately $180,000.
Best Heal Care Stocks To Buy For 2019: Cherokee Inc.(CHKE)
- [By Max Byerly]
Cherokee (NASDAQ: CHKE) and J.Jill (NYSE:JILL) are both small-cap consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.
- [By Shane Hupp]
Cherokee (NASDAQ:CHKE) released its quarterly earnings data on Thursday. The company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.11), RTT News reports. Cherokee had a negative return on equity of 13.63% and a negative net margin of 130.24%. During the same quarter last year, the business posted ($0.07) earnings per share.
- [By Garrett Baldwin]
Following the June FOMC meeting, silver prices are hovering at very attractive price levels. With interest rates heading higher, it’s going to be a very good time for silver hounds to buy on the dip and deliver incredible profits in the months ahead.Learn more right here.
The Top Stock Market Stories for Thursday
On Thursday, the European Central Bank held its meeting in Latvia to discuss the future of its quantitative easing program. The central bank of the world’s largest economic bloc said that it will likely end its quantitative easing program in December. This represents an extension beyond the current plan to end the stimulus program in September. ECB President Mario Draghi said the program would be reduced to 15 billion euros each month during the final three months of the year. Yesterday, the U.S. Federal Reserve raised interest rates for the second time in 2018. The central bank said that economic growth has been rising at a solid rate and hinted that it could raise rates two more times this year. Fed Chair Jerome Powell did raise an alarm on Wednesday after stating that companies are holding back on investment due to ongoing concerns about U.S. President Donald Trump’s trade policies. Trump is expected to decide this week on whether to proceed with tariffs on about $50 billion in Chinese goods. Trade tensions are heating up again. This morning, China announced it would call off its deal to avoid a trade war if the Trump administration proceeds with tariffs on Friday morning. Tomorrow, the Trump team will decide if it will hit China with tariffs on roughly $50 billion in goods.
Stocks to Watch Today: ADBE, CMCSA, TSLA, MSFT
Adobe Systems Inc. (Nasdaq: ADBE) will report earnings after the bell Thursday. The software giant is expected to report earnings per share of $1.54 on top of $2.15 billion in revenue. Insider buying is alive and well at Tesla Inc. (Nasdaq: TSLA). Chair and CEO Elon Musk purchased $25 million in company stock, according to a
Best Heal Care Stocks To Buy For 2019: Porter Bancorp Inc.(PBIB)
- [By Max Byerly]
Media stories about Porter Bancorp (NASDAQ:PBIB) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Porter Bancorp earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 44.3359026173577 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
- [By WWW.GURUFOCUS.COM]
For the details of PATRIOT FINANCIAL PARTNERS GP, LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=PATRIOT+FINANCIAL+PARTNERS+GP%2C+LP
These are the top 5 holdings of PATRIOT FINANCIAL PARTNERS GP, LPBanc of California Inc (BANC) – 2,850,564 shares, 32.49% of the total portfolio. Meta Financial Group Inc (CASH) – 397,069 shares, 25.6% of the total portfolio. Guaranty Bancorp (GBNK) – 1,391,767 shares, 23.3% of the total portfolio. MBT Financial Corp (MBTF) – 2,060,302 shares, 13.08% of the total portfolio. Sterling Bancorp (STL) – 323,980 shares, 4.31% of the total portfolio.
Best Heal Care Stocks To Buy For 2019: Corindus Vascular Robotics, Inc.(CVRS)
- [By Alexander Bird]
Here are the top performers from last week…
Penny Stock Current Share Price Last Week’s Gain
Aegean Marine Petroleum Network Inc. (NYSE: ANW) $1.83 165.71%
Radisys Corp. (Nasdaq: RSYS) $1.55 115.68%
Ascent Capital Group Inc. (Nasdaq: ASCMA) $3.71 43.12%
Adamis Pharmaceuticals Corp. (Nasdaq: ADMP) $4.36 40.63%
Tintri Inc. (Nasdaq: TNTR) $0.18 40.49%
Prana Biotechnology Ltd. (Nasdaq: PRAN) $2.35 39.96%
Micronet Enertec Technologies Inc. (Nasdaq: MICT) $1.60 39.40%
Corindus Vascular Robotics (NYSE: CVRS) $1.17 34.40%
ParkerVision Inc. (Nasdaq: PRKR) $0.70 30.65%
SuperCom Ltd. (Nasdaq: SPCB) $0.24 30.10%
While these gains are exciting, they pale in comparison to the profit potential of our top penny stock to buy this week.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Corindus Vascular Robotics (CVRS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Corindus Vascular Robotics (NYSEAMERICAN:CVRS) released its quarterly earnings results on Tuesday. The medical equipment provider reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03), Bloomberg Earnings reports. The business had revenue of $1.49 million for the quarter, compared to the consensus estimate of $3.20 million. Corindus Vascular Robotics had a negative return on equity of 110.93% and a negative net margin of 323.84%.