Best Penny Stocks To Invest In Right Now

Last weekend, Comcast (NASDAQ:CMCSA) prevailed over Twenty-First Century Fox (NASDAQ:FOX) (NASDAQ:FOXA) in a blind auction to buy European pay-TV and media giant Sky. Fox, of course, has already agreed to sell itself to The Walt Disney Company (NYSE:DIS) for $71 billion, so Disney was pulling the strings here.

Now Disney has a choice between keeping Fox’s existing 39% stake in Sky and remaining as a minority shareholder or selling its shares to Comcast. Given the massive premium the latter has offered for the business, Disney should gladly take Comcast’s cash and walk away.

Comcast is paying a pretty penny

The Sky saga began in December 2016, when Fox offered 10.75 British pounds per share to acquire the 61% of the company it did not already own. This represented a healthy 40% premium to Sky’s pre-offer share price and valued Sky at 11.4 times its fiscal 2016 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), including debt.

However, once Comcast got involved, a bidding war erupted. Comcast’s winning bid was 17.28 pounds per share — 61% higher than Fox’s initial offer.

Best Penny Stocks To Invest In Right Now: YRC Worldwide Inc.(YRCW)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Marten Transport (NASDAQ: MRTN) and YRC Worldwide (NASDAQ:YRCW) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, risk, dividends, earnings, institutional ownership, analyst recommendations and valuation.

  • [By Ethan Ryder]

    Here are some of the headlines that may have impacted Accern’s analysis:

    Get YRC Worldwide alerts:

    Volatility Levels in Focus For YRC Worldwide Inc. (NASDAQ:YRCW) — Beta Runs to 3.67 (cantoncaller.com) Momentum Technology Stocks- YRC Worldwide Inc. (NASDAQ:YRCW), Hallador Energy Company (NASDAQ:HNRG … (journalfinance.net) Check it now Active Stock list: Apollo Investment Corporation (AINV), YRC Worldwide Inc. (YRCW) (newsregistrar.com) Rounding up the figures: YRC Worldwide Inc. (YRCW), Genesis Healthcare, Inc. (GEN) (finbulletin.com)

    Several brokerages recently issued reports on YRCW. ValuEngine downgraded YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. Stifel Nicolaus decreased their target price on YRC Worldwide from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, August 3rd. BidaskClub raised YRC Worldwide from a “sell” rating to a “hold” rating in a research note on Tuesday, June 12th. Finally, Deutsche Bank raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. YRC Worldwide currently has an average rating of “Hold” and an average price target of $17.20.

  • [By Jon C. Ogg]

    YRC Worldwide Inc. (NASDAQ: YRCW) was raised to Buy from Hold at Deutsche Bank on Wednesday. The stock was barely under $10 at $9.93 late on Friday, but the close before the call had been $9.18. This particular call talked up the investment of renewing its aging truck fleet and opportunities to improve labor flexibility and driver productivity. YRC Worldwide has a very thin analyst coverage universe. It has a $340 million market cap and a 52-week trading range of $8.07 to $17.61.

Best Penny Stocks To Invest In Right Now: Aerosonic Corporation(AIM)

Advisors’ Opinion:

  • [By Shane Hupp]

    Aimia (TSE:AIM) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.67.

  • [By Logan Wallace]

    Shares of Aimia Inc (TSE:AIM) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$3.54.

Best Penny Stocks To Invest In Right Now: New York Mortgage Trust Inc.(NYMT)

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    New York Mortgage Trust Inc  (NASDAQ:NYMT)Q4 2018 Earnings Conference CallFeb. 22, 2019, 9:00 a.m. ET

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

    Operator

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on NY Mtg Tr Inc/SH (NYMT)

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

  • [By Shane Hupp]

    NY MTG TR INC/SH (NASDAQ:NYMT) has been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $6.38.

Best Penny Stocks To Invest In Right Now: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Jason Hall]

    On June 27, shares of Seadrill Ltd (NYSE:SDRL), Diamond Offshore Drilling Inc (NYSE:DO), and Ensco PLC (NYSE:ESV) traded up more than 10% at various points. And while they’ve cooled off a bit — up 9.9%, 10.3%, and 8.9%, respectively, at recent prices — they continue to march toward today’s close with big gains. And while not quite as much as the three aforementioned companies, shares of Transocean LTD (NYSE:RIG) and Noble Corporation PLC (NYSE:NE) are showing big days as well, up 6.4% and 7.2% in late-afternoon trading. 

  • [By Jason Hall]

    Frankly, today’s big drop shouldn’t be a surprise for anyone. The company told us many months ago that common equity investors would only retain 2% — at most — of the company when it completed its bankruptcy proceedings, yet investors continued to pay a price for its stock that, at one point, would have made Seadrill worth nearly as much as competitors Transocean (NYSE:RIG), Diamond Offshore (NYSE:DO), and Noble Corporation (NYSE:NE) combined. But a relatively steady decline in the share price, combined with today’s big drop, seems to be finally putting Seadrill more in line with its peers. 

  • [By Jim Crumly]

    As for individual stocks, Amazon.com (NASDAQ:AMZN) briefly broke through $1 trillion in valuation, and Transocean Ltd. (NYSE:RIG) announced plans to acquire Ocean Rig UDW (NASDAQ:ORIG).

  • [By The Ticker Tape]

    TD Ameritrade clients appeared to take some profits in multiple names during the period. Oil companies were popular sells with ConocoPhillips (NYSE: COP), BP  PLC (ADR) (NYSE: BP), National-Oilwell Varco Inc. (NYSE: NOV), and Transocean LTD (NYSE: RIG) all net sold. Oil prices traded near three-year highs on higher global demand and possible OPEC-led production cuts. COP and BP both traded at multi-year highs, while NOV and RIG reached 52-week highs, enticing clients to take profits in all four names. Alcoa Corp. (NYSE: AA) traded at levels not seen since before the financial crisis following proposed tariffs on steel and aluminum, and was net sold. For the third month in a row, Facebook, Inc. (NASDAQ: FB) was net sold after CEO Mark Zuckerberg testified before Congress regarding the misuse of user data and a beat on earnings.

Best Penny Stocks To Invest In Right Now: Central Federal Corporation(CFBK)

Advisors’ Opinion:

Best Penny Stocks To Invest In Right Now: Safe Bulkers Inc(SB)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Safe Bulkers (SB)

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

  • [By Rich Smith]

    Ocean-going bulk shipper Safe Bulkers (NYSE:SB) reported its fiscal Q1 2018 earnings results on Tuesday — an “earnings beat” that nudged the company’s shares up 2%. But it took until Thursday for the real good news to arrive. Today, all of the sudden, the stock jumped out of its berth and closed 12.2% higher.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Big Lots, Inc. (NYSE: BIG) shares fell 9.6 percent to $37.01 in pre-market trading after the company reported weaker-than-expected results for its first quarter and issued downbeat earnings forecast.
    Tilly's, Inc. (NYSE: TLYS) fell 5.7 percent to $12.98 in pre-market trading after rising 12.69 percent on Thursday.
    Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) fell 4.2 percent to $6.39 in pre-market trading after dropping 4.71 percent on Thursday.
    Sunlands Online Education Group (NYSE: STG) fell 4.2 percent to $9.13 in pre-market trading.
    Safe Bulkers, Inc. (NYSE: SB) fell 4.2 percent to $3.42 in pre-market trading after climbing 12.62 percent on Thursday.
    Ulta Beauty, Inc. (NASDAQ: ULTA) fell 4.1 percent to $236.80 in pre-market trading. Ulta Beauty reported upbeat results for its first quarter, but issued weak second-quarter earnings and sales guidance.
    GameStop Corp. (NYSE: GME) shares fell 3.8 percent to $12.70 in pre-market trading. GameStop reported in-line earnings for its first quarter, while sales missed estimates.
    Workday, Inc. (NASDAQ: WDAY) fell 3.2 percent to $126.85 in the pre-market trading session after the company posted Q1 results.
    Lumentum Holdings Inc. (NASDAQ: LITE) shares fell 3 percent to $57.15 in pre-market trading

  • [By Lisa Levin]

     

    Companies Reporting After The Bell
    SpartanNash Company (NASDAQ: SPTN) is projected to post quarterly earnings at $0.53 per share on revenue of $2.38 billion.
    HP Inc. (NYSE: HPQ) is expected to post quarterly earnings at $0.48 per share on revenue of $13.57 billion.
    salesforce.com, inc. (NYSE: CRM) is projected to post quarterly earnings at $0.47 per share on revenue of $2.94 billion.
    HEICO Corporation (NYSE: HEI) is estimated to post quarterly earnings at $0.53 per share on revenue of $424.96 million.
    Safe Bulkers, Inc. (NYSE: SB) is expected to post quarterly earnings at $0.02 per share on revenue of $41.10 million

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