George Adams, President, and CEO of Ventripoint Diagnostics Ltd (OTCMKTS:VPTDF), that created an imaging system used in cardiology means that saying he puts his heart and soul into his work as a scientist would just be a corny wordplay, but there it is.
When Health Canada approved his imaging tool earlier this year, stock in his company suddenly jumped 600 percent from 10 cents to 69 cents.
The speed with which technology has been feeding diagnostic tools over two decades has been breathtaking. As boomers get older, these kinds of tools are in high demand, particularly in countries where healthcare is increasingly being made available to more people.
In tandem, investments in new innovative tools targeting health care have been good opportunities to get in on something new on the ground floor, but as with most investments, deep analysis and research are the key to success, both in the sector and investing in it.
Best Tech Stocks To Watch Right Now: Advantage Lithium Corp. (AVLIF)
Advisors’ Opinion:
- [By SEEKINGALPHA.COM]
The other producing lithium miners, and soon to be producers. I have discussed these previously in detail here, here and here. Needless to say, the top 3 producers are non-pure plays (SQM (NYSE:SQM), Albemarle (NYSE:ALB), and FMC Corp. (NYSE:FMC)). The top pure play currently producing miners are Orocobre (ASX:ORE) (OTCPK:OROCF), Tianqi Lithium (SHE:002466), Jiangxi Ganfeng Lithium, Galaxy Resources, Mineral Resources [ASX:MIN] (OTC:MALRF), and Neometals [ASX:NMT] (OTC:RRSSF). The near-term producers include Altura Mining [ASX:AJM] (OTCPK:ALTAF), Pilbara Minerals (ASX:PLS) (OTC:PILBF), Kidman Resources (ASX:KDR), Critical Elements, Nemaska Lithium (OTCQX:NMKEF) [TSX:NMX], Lithium Americas (OTCQX:LACDF) [TSX:LAC], Lithium X (OTCQX:LIXXF) (TSXV:LIX), Neo Lithium, and Bacanora Minerals (OTC:BCRMF) [TSXV:BCN], Advantage Lithium (OTCQB:AVLIF) [AAL], European Metals (OTCPK:MNTCF, ASX:EMH, AIM:EMH) and Pure Energy (OTCQB:PEMIF) [PE].
Best Tech Stocks To Watch Right Now: Microchip Technology Incorporated(MCHP)
Advisors’ Opinion:
- [By Ben Levisohn]
Microchip Technology (MCHP) sunk to the bottom of the S&P 500 today as semiconductor stocks got clobbered.
Getty Images
Shares of Microchip Technology tumbled 7.5% to $61.23 today, while the S&P 500 declined 0.4% to 2,191.08. The SPDR S&P Semiconductor ETF (XSD) fell 4.8% to $52.29, while the VanEck Vectors Semiconductor ETF (SMH) dropped 4.8% to $67.68.
Today’s slaughter comes two days after Microchip Technology narrowed its third-quarter guidance. Stifel’s Kevin Cassidy and team had the details:
Microchip upwardly revised its December ending quarter…Non-GAAP EPS guidance was updated to $0.87 – $0.94 compared to $0.85 – $0.95 previously…The According to management, the upside is coming from better than expected integration of recent acquisitions. Management pointed out that significant gross margin improvements may be recognized as the inventory of higher cost products from the now closed Micrel fab is depleted. We have revised our revenue and non-GAAP earnings estimates and increased our 12-month target price to $70.
Microchip Technology’s market capitalization fell to $13.2 billion from $14.3 billion yesterday. It report net income of $324 million on sales of $2.2 billion in fiscal 2016.
- [By Ben Levisohn]
My colleague Tiernan Rey at Barron’s Tech Trader Daily quoted B. Rileys Craig Ellis in a post today, who called the selloff yesterday an unusually attractive entry opportunity forApplied Materials andMicrochip Technology (MCHP) buyers.
Best Tech Stocks To Watch Right Now: Carnival Corporation(CCL)
Advisors’ Opinion:
- [By Trey Thoelcke]
Carnival Corp. (NYSE: CCL) fiscal fourth-quarter results are scheduled for Tuesday morning. The consensus estimates are calling for $0.51 in earnings per share (EPS) and $4.15 billion in revenue. The shares were last seen trading at $65.95. The consensus price target is $72.98, and the 52-week trading range is $50.77 to $69.89.
- [By Diane Alter]
At $28.66, SNE shares were up 0.28% in morning trading.
CES Companies to Watch, No. 3: Carnival (NYSE: CCL)
Carnival Cruise Line (NYSE: CCL) announced Wednesday at CES 2017 that it will give passengers on board its ships high-tech wearable wristbands – which can also be worn as a pendant or necklace. The device can be used to unlock their room, purchase food, and to pay toplay games such as blackjack.
- [By WWW.THESTREET.COM]
How about individual stories? Tuesday I was pleasantly surprised by the commentary on both the Darden (DRI) and Carnival (CCL) calls. Weekend dining and lunch were very strong for Darden, parent of Olive Garden, even though CEO Gene Lee acknowledged that it’s competing against “new necessities today, whether smartphones, whether it’s your cable bill, your Netflix bill. I mean, they have increased significantly over the years.” Hmm, is there any wonder why takeout pizza is so strong? Makes me want to buy both Darden and Domino’s (DPZ) .
- [By Chris Lange]
Carnival Corp. (NYSE: CCL) reported solid earnings on Tuesday and ultimately closed the day out higher, winning the admiration of a few analysts. Deutsche Bank raised its price target to $70 from $61. Stifel raised its price target slightly to $80 from $79, and SunTrust Robinson Humphreyraised its target to $84 from $72. Wedbush also raised its price target, to $71 from $65. Shares of Carnival traded on Wednesday at $68.22, with a consensus analyst price target of $74.08 and a 52-week trading range of $51.70 to $69.89.
- [By WWW.THESTREET.COM]
That’s not to say the consumer never leaves the house, but when they do, they shop for their homes at Home Depot (HD) and Home Goods, the TJX Stores (TJX) chain that’s knocking it out of the park. The consumer is also visiting theme parks like Six Flags (SIX) and Walt Disney (DIS) and they’re also going on Carnival Cruises (CCL) .