GameStop (NYSE:GME) shareholders: Do you feel lucky? The brick-and-mortar video game retailer currently trades at a ridiculously low price-to-earnings ratio of 4.5 times next year’s estimated earnings, with a dividend yield over 10%. A valuation that low is usually ominous, suggesting investors believe GameStop’s earnings will rapidly decline in the coming years.
There’s reason to be nervous. GameStop is facing the daunting prospect of remaining a brick-and-mortar retailer of physical video games, in an age in which traffic is migrating online and more games are being released in downloadable formats. There isn’t really a great solution to the problem and the company announced in mid-June that it is “in exploratory discussions with third parties regarding a potential transaction.” Leading up to that announcement, But GameStop’s strategy seems to have been to prudently decrease its store footprint, while also diversifying into non-video game products.
In early June, GameStop unveiled its newest attempt at diversification, announcing it would begin selling comic books in a 40-store trial.
Best Low Price Stocks To Invest In 2019: Utah Medical Products, Inc.(UTMD)
- [By Joseph Griffin]
Utah Medical Products (NASDAQ:UTMD) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday.
- [By Max Byerly]
Utah Medical Products, Inc. (NASDAQ:UTMD) Director Ernst G. Hoyer sold 1,614 shares of the company’s stock in a transaction that occurred on Wednesday, May 9th. The stock was sold at an average price of $104.41, for a total value of $168,517.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
- [By Max Byerly]
Utah Medical Products, Inc. (NASDAQ:UTMD) CEO Kevin L. Cornwell sold 8,080 shares of the firm’s stock in a transaction on Friday, June 15th. The stock was sold at an average price of $107.07, for a total value of $865,125.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Best Low Price Stocks To Invest In 2019: Salesforce.com Inc(CRM)
- [By Logan Wallace]
Mariner LLC grew its stake in shares of salesforce.com, inc. (NYSE:CRM) by 65.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 5,681 shares of the CRM provider’s stock after acquiring an additional 2,256 shares during the period. Mariner LLC’s holdings in salesforce.com were worth $661,000 at the end of the most recent reporting period.
- [By Daniel Sparks]
Cloud-based sales platform Salesforce.com (NYSE:CRM) announced on Monday that it has entered a definitive agreement to acquire the artificial intelligence-powered marketing and analytics platform Datorama. By providing marketing insights for over 3,000 global agencies and brands, including PepsiCo, Trivago, and Unilever, Datorama can help Salesforce build on its strong momentum in its fast-growing marketing and commerce cloud.
- [By ]
“I don’t like it when no one knows what’s causing certain stocks to go down. That’s how I felt about the cascading stocks of the ‘cloud kings’ Monday, including salesforce.com (CRM) , Adobe Systems (ADBE) , Splunk (SPLK) , Red Hat (RHT) and VMware (VMW) . I have developed enough sources at these companies to know that they fell because they were hitting 52-week highs and that they became intra-day sources of funds for lower-multiple semiconductor stocks,” says TheStreet’s Jim Cramer.
- [By Harsh Chauhan]
Salesforce.com’s (NYSE:CRM) hold over the customer relationship management (CRM) space over the years has been instrumental to the company’s terrific growth. What’s impressive is that the company has managed to keep up its momentum despite competition from bigger players such as Oracle, Microsoft, and SAP, and management’s ambitions indicate that the enterprise software specialist won’t be stepping off the gas.
- [By Joseph Griffin]
Cadinha & Co. LLC increased its holdings in shares of salesforce.com, inc. (NYSE:CRM) by 32.4% in the first quarter, Holdings Channel reports. The institutional investor owned 3,865 shares of the CRM provider’s stock after purchasing an additional 945 shares during the quarter. Cadinha & Co. LLC’s holdings in salesforce.com were worth $449,000 at the end of the most recent quarter.
- [By Lisa Levin] Gainers
TherapeuticsMD, Inc. (NASDAQ: TXMD) rose 7.3 percent to $6.90 in pre-market trading after the company reported the FDA approval of TX-004HR: IMVEXXY (estradiol vaginal inserts) for moderate to severe dyspareunia due to menopause.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) rose 6.1 percent to $10.50 in pre-market trading after falling 1.20 percent on Tuesday
Movado Group, Inc. (NYSE: MOV) shares rose 5.7 percent to $44.60 in pre-market trading after the company reported better-than-expected Q1 results and raised its guidance.
salesforce.com, inc. (NYSE: CRM) rose 5.4 percent to $133.67 in pre-market trading after the company reported better-than-expected earnings for its first quarter and raised its forecast for the full year.
Sirius XM Holdings Inc. (NASDAQ: SIRI) rose 5.3 percent to $7.35 in pre-market trading.
PagSeguro Digital Ltd. (NYSE: PAGS) rose 5.3 percent to $33.50 in pre-market trading after reporting Q1 results.
SpartanNash Co (NASDAQ: SPTN) rose 4.9 percent to $19.80 in pre-market trading after the company reported upbeat earnings for its first quarter on Tuesday.
Groupon, Inc. (NASDAQ: GRPN) rose 4.9 percent to $4.95 in pre-market trading. Dalian Wanda will set up a joint venture with Tencent and Groupon's former local unit, Reuters reported.
Okta, Inc. (NASDAQ: OKTA) rose 4.4 percent to $56 in pre-market trading after gaining 3.43 percent on Tuesday
Elbit Systems Ltd. (NASDAQ: ESLT) rose 4.3 percent to $120.92 in pre-market trading after gaining 2.05 percent on Tuesday.
STMicroelectronics N.V. (NYSE: STM) shares rose 3.7 percent to $23.78 in pre-market trading after falling 4.70 percent on Tuesday.
EVINE Live Inc (NASDAQ: EVLV) shares rose 2.7 percent to $1.14 in pre-market trading after reporting Q1 results.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Best Low Price Stocks To Invest In 2019: B2Gold Corp(BTG)
- [By Joseph Griffin]
CIBC World Markets Inc. reduced its holdings in B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) by 10.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 572,525 shares of the basic materials company’s stock after selling 64,714 shares during the period. CIBC World Markets Inc. owned approximately 0.06% of B2Gold worth $1,563,000 as of its most recent SEC filing.
- [By Logan Wallace]
A number of research firms have changed their ratings and price targets for BTG (LON: BTG):
9/7/2018 – BTG had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. 9/7/2018 – BTG had its “buy” rating reaffirmed by analysts at Shore Capital. 9/4/2018 – BTG had its “hold” rating reaffirmed by analysts at Peel Hunt. 9/4/2018 – BTG had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 645 ($8.40) price target on the stock. 8/21/2018 – BTG had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 650 ($8.47) price target on the stock. 8/9/2018 – BTG had its “hold” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 640 ($8.34) price target on the stock. 8/9/2018 – BTG had its “buy” rating reaffirmed by analysts at Shore Capital. 8/1/2018 – BTG had its “hold” rating reaffirmed by analysts at Peel Hunt. 7/19/2018 – BTG had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
Shares of BTG stock opened at GBX 558.50 ($7.27) on Monday. BTG plc has a one year low of GBX 559.82 ($7.29) and a one year high of GBX 784 ($10.21).
- [By Stephan Byrd]
B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Research analysts at National Bank Financial issued their Q3 2018 earnings per share estimates for shares of B2Gold in a report released on Wednesday, August 15th. National Bank Financial analyst D. Demarco anticipates that the company will post earnings per share of $0.05 for the quarter. National Bank Financial currently has a “Outperform” rating and a $6.50 target price on the stock. National Bank Financial also issued estimates for B2Gold’s FY2020 earnings at $0.30 EPS.