In a junior sector that has become quite a stock-picker’s market over the past nine months, I find some of the safest and lowest risk opportunities come when a company is undergoing a major change. Atlantic Gold (OTCPK:SPVEF) was one such idea I highlighted last year, as the company was set to transform itself into Canada’s newest junior gold producer. The stock has since moved from US$0.60 to US$1.40 and the re-rating I expect has nearly come to fruition. A company with a similar profile that I’ve had my eye on was Harte Gold (OTCPK:HRTFF), but the stock got well ahead of itself earlier this year and I exited my position. Since that time the stock has spent the last six months consolidating and finally looks it may be ready to resume the new uptrend it began earlier this year.
Best Safest Stocks To Own Right Now: The Blackstone Group L.P.(BX)
Advisors’ Opinion:
- [By Logan Wallace]
Blackstone Group LP (NYSE:BX) – Stock analysts at William Blair lifted their Q2 2018 EPS estimates for shares of Blackstone Group in a report issued on Monday, June 4th. William Blair analyst C. Shutler now expects that the asset manager will post earnings of $0.66 per share for the quarter, up from their prior estimate of $0.65. William Blair also issued estimates for Blackstone Group’s Q3 2018 earnings at $0.70 EPS and Q4 2018 earnings at $0.73 EPS.
- [By Lisa Levin]
Gramercy Property Trust (NYSE: GPT) shares were also up, gaining 16 percent to $27.51 after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share.
- [By Dan Caplinger]
Gramercy Property Trust stock soared 15.5% in the wake of the real estate investment trust (REIT) getting a buyout bid from a would-be acquirer. A fund run by institutional investment giant Blackstone Group (NYSE:BX) announced that it would pay $27.50 per share in cash for Gramercy, putting the total value of the company at $7.6 billion. Coming on the heels of another deal in the sector, those following REITs are pleased to see buying interest even in the face of rising interest rates, which would ordinarily depress valuations. If all goes well, Blackstone hopes to close on the Gramercy deal sometime during the second half of the year.
- [By ]
The Blackstone Group (BX) : “I’ve been a backer for 10 years. I think they’re real good.”
Thermo Fisher Scientific (TMO) : “That one does real good. “
- [By Lisa Levin] Gainers
SenesTech, Inc. (NASDAQ: SNES) shares surged 296.07 percent to close at $1.25 on Monday after the California Department of Pesticide Regulation proposed to register the company's ContraPest for sale and use in California.
AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares gained 19.59 percent to close at $2.93.
TransGlobe Energy Corporation (NASDAQ: TGA) rose 18.39 percent to close at $2.64 on Monday.
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) shares gained 15.91 percent to close at $2.55.
VAALCO Energy, Inc. (NYSE: EGY) shares jumped 14.9 percent to close at $2.39.
Resonant Inc. (NASDAQ: RESN) climbed 13.96 percent to close at $4.49.
Chesapeake Energy Corporation (NYSE: CHK) shares rose 13.55 percent to close at $4.61 on Monday.
Lilis Energy, Inc. (NYSE: LLEX) surged 13.09 percent to close at $5.01.
MB Financial, Inc. (NASDAQ: MBFI) gained 12.9 percent to close at $49.28. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
TransEnterix, Inc. (NYSE: TRXC) shares rose 12.83 percent to close at $3.43.
World Wrestling Entertainment, Inc. (NYSE: WWE) jumped 12.52 percent to close at $57.86 on Reports that it has reached a deal with Fox for Its 'Smackdown Live' program.
Eastman Kodak Company (NASDAQ: KODK) rose 12.38 percent to close at $5.90.
NuCana plc (NASDAQ: NCNA) climbed 11.94 percent to close at $26.44. NuCana appointed Dr. Cyrille Leperlier to its Board as an independent non-executive Director.
Aqua Metals, Inc. (NASDAQ: AQMS) rose 11.83 percent to close at $3.97 on Monday.
Huami Corporation (NYSE: HMI) shares jumped 11.27 percent to close at $10.17 following Q1 results.
21Vianet Group, Inc. (NASDAQ: VNET) gained 9.55 percent to close at $7.34.
Boxlight Corporation (NASDAQ: BOXL) rose 8.56 percent to close at $7.86 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the de
Best Safest Stocks To Own Right Now: U.S. Bancorp(USB)
Advisors’ Opinion:
- [By Jordan Wathen, Matthew Frankel, and Dan Caplinger]
But investors can do even better by selecting the very best banks the market has to offer. Below, three Fool.com contributors make the case for whyBB&T Corporation (NYSE:BBT), US Bancorp (NYSE:USB), and Goldman Sachs (NYSE:GS)are worthy additions to your portfolio.
- [By Stephan Byrd]
Avalon Advisors LLC trimmed its holdings in U.S. Bancorp (NYSE:USB) by 0.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 207,546 shares of the financial services provider’s stock after selling 1,656 shares during the period. Avalon Advisors LLC’s holdings in U.S. Bancorp were worth $10,481,000 at the end of the most recent reporting period.
- [By ]
Buffett’s investment in banking is even more interesting that the overall over-weighting appears. Berkshire cut its position in Wells Fargo & Company (NYSE: WFC) to come in under 10% ownership last quarter but still holds $24.7 billion in shares, it’s second-largest holding. At the industry-level, Berkshire added to its banking position with 3.7 million shares of US Bancorp (NYSE: USB) and 1.4 million shares of Bank of New York Mellon (NYSE: BK).
Best Safest Stocks To Own Right Now: ZAIS Group Holdings, Inc.(ZAIS)
Advisors’ Opinion:
- [By Joseph Griffin]
Gp Zgp (NASDAQ:ZAIS) major shareholder Z Acquisition Llc bought 6,500,000 shares of the company’s stock in a transaction on Wednesday, September 5th. The stock was bought at an average price of $4.10 per share, with a total value of $26,650,000.00. Following the completion of the acquisition, the insider now owns 6,500,000 shares in the company, valued at $26,650,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Best Safest Stocks To Own Right Now: MFS Charter Income Trust(MCR)
Advisors’ Opinion:
- [By Stephan Byrd]
Macro (CURRENCY:MCR) traded flat against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on May 30th. During the last seven days, Macro has traded down 6% against the U.S. dollar. Macro has a total market cap of $0.00 and approximately $0.00 worth of Macro was traded on exchanges in the last day. One Macro token can now be bought for about $0.17 or 0.00002339 BTC on popular cryptocurrency exchanges.
Best Safest Stocks To Own Right Now: Cathay General Bancorp(CATY)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Cathay General Bancorp (CATY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Allianz Asset Management GmbH boosted its stake in Cathay General Bancorp (NASDAQ:CATY) by 461.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,806 shares of the bank’s stock after purchasing an additional 23,672 shares during the quarter. Allianz Asset Management GmbH’s holdings in Cathay General Bancorp were worth $1,152,000 as of its most recent filing with the SEC.
