New Jerseys OceanFirst Financial (OCFC) has done okay since I last wrote about the company in January, with the shares more or less tracking with smaller Northeast community banks (or slightly outperforming) and offering a little outperformance relative to larger regional/super-regional banks like Bank of America (BAC), PNC Financial (PNC) and Toronto-Dominion (TD). Organic loan growth has weakened recently as management has chosen to be more disciplined on price, but accretion benefits have been stronger than expected and the companys deposit performance has been good.
OceanFirst is not wildly undervalued, but I think this is a good combination of a below-the-radar growing bank with disciplined management and a good business plan/profile. I believe OceanFirst has more options to pursue M&A in the relatively near term, and I believe the shares should trade in the low-to-mid $30s.
Integrating Sun Is Leading To Some Noise
As is often the case with bank mergers, integrating the Sun deal (completed earlier this year) is leading to a little bit of turbulence in the business. I view this as a part of the cost of doing business, and I believe the long-term benefits to the growth-by-M&A strategy more than outweigh them, but it nevertheless will lead to some choppy performance in 2018.
Best Undervalued Stocks To Buy Right Now: lululemon athletica inc.(LULU)
Advisors’ Opinion:
- [By Jon C. Ogg]
Lululemon Athletica Inc. (NASDAQ: LULU) was downgraded to Hold from Buy at Needham, based on the run-up in shares and on a harder earnings comparison that will be harder to beat. Lululemon was up 1% at $96.31 but was down 2% at $94.30 on Monday. It had a consensus target price of $89.93.
- [By Motley Fool Staff]
Let’s go to company No. 6. Let’s stay fit. Let’s stay within the exercise world, but let’s think, rather than about wearables, let’s think about the clothing that we’re wearing. Especially if you’re a guy, it may be hard to relate to this brand’sclothing, as much as you might have thought,until you discover that Lululemon Athletica(NASDAQ:LULU) these days isactually breaking into the men’s market. I know some Fools around HQ, guys, that have some Lulu wear.Now, of course, the yoga pants have always been very popular, especially among women. This is a company that really built its brand on yoga, and really the female market.
- [By Lisa Levin] Gainers
Euro Tech Holdings Company Limited (NASDAQ: CLWT) rose 18.2 percent to $4.55 in pre-market trading after the company declared a $0.70 per share special dividend.
Co-Diagnostics, Inc. (NASDAQ: CODX) rose 11.7 percent to $3.24 in pre-market trading after falling 13.17 percent on Thursday. Co-Diagnostics reported its participation in a research project with the Stanford University.
Abercrombie & Fitch Co. (NYSE: ANF) shares rose 8.6 percent to $25.95 in pre-market trading after the company posted upbeat Q1 results.
Zuora, Inc. (NYSE: ZUO) shares rose 8 percent to $23.95 in pre-market trading after the company reported upbeat Q1 earnings and issued strong outlook.
Lululemon Athletica Inc. (NASDAQ: LULU) shares rose 7.8 percent to $113.25 in pre-market trading after the company reported better-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance.
OPKO Health, Inc. (NYSE: OPK) rose 5.7 percent to $4.10 in pre-market trading.
Lannett Company, Inc. (NYSE: LCI) rose 5.5 percent to $17.45 in pre-market trading following the FDA approval for Levofloxacin Oral Solution.
Eversource Energy (NYSE: ES) shares rose 5 percent to $59.8 in pre-market trading.
VMware, Inc. (NYSE: VMW) rose 4.6 percent to $143.74 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Thursday.
Energy Transfer Partners, L.P. (NYSE: ETP) rose 4.3 percent to $19.80 in pre-market trading after the company reported the Federal Energy Regulatory Commission approval to place Rover pipeline’s full Mainline B into service.
T2 Biosystems, Inc. (NASDAQ: TTOO) rose 4.3 percent to $7.73 in pre-market trading after declining 4.26 percent on Thursday.
Curis, Inc. (NASDAQ: CRIS) rose 4.3 percent to $2.90 in pre-market trading after jumping 21.93 percent on Thursday.
Sasol Limited (NYSE: SSL) rose 4.2 percent to $37.91 in pre-market trading.
Nucor Corporatio - [By Shane Hupp]
Lululemon Athletica (NASDAQ:LULU) had its price target boosted by MKM Partners from $120.00 to $128.00 in a research report report published on Friday. They currently have a buy rating on the apparel retailer’s stock.
- [By Lisa Levin] Gainers
Co-Diagnostics, Inc. (NASDAQ: CODX) jumped 88 percent to $5.4500 after falling 13.17 percent on Thursday. Co-Diagnostics reported its participation in a research project with the Stanford University.
Euro Tech Holdings Company Limited (NASDAQ: CLWT) climbed 40.3 percent to $5.40 after the company declared a $0.70 per share special dividend.
Future FinTech Group Inc. (NASDAQ: FTFT) rose 27 percent to $2.73. Future FinTech disclosed a strategic transformation plan including expanding on current blockchain business while also becoming a blockchain incubator, investment and asset management, training, and management consulting.
SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) gained 14.7 percent to $5.9522 after the company disclosed that its Phase 2b trial of NeuVax in combo with Trastuzumab in HER1+/2+ breast cancer patients met key clinical objectives.
Lululemon Athletica Inc. (NASDAQ: LULU) shares climbed 14.6 percent to $120.4224 after the company reported better-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance.
FTE Networks, Inc. (NASDAQ: FTNW) gained 10.5 percent to $20.9399.
T2 Biosystems, Inc. (NASDAQ: TTOO) rose 9 percent to $8.07. Leerink Swann upgraded T2 Biosystems from Market Perform to Outperform.
Zuora, Inc. (NYSE: ZUO) shares rose 8.3 percent to $24.01 after the company reported upbeat Q1 earnings and issued strong outlook.
VMware, Inc. (NYSE: VMW) rose 7.7 percent to $148.07 as the company reported stronger-than-expected results for its first quarter on Thursday.
Ambac Financial Group, Inc. (NASDAQ: AMBC) gained 7.5 percent to $19.91. Ambac Financial will replace Integra Lifesciences Holdings in the S&P SmallCap 600 on Tuesday, June 5.
Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) gained 7 percent to $4.60.
Kiniksa Pharmaceuticals, Ltd. (NASDAQ: KNSA) climbed 6.6 percent to $18.23.
Franklin Street Properties Corp. (NYSE: FSP) gained 5.7 perce
Best Undervalued Stocks To Buy Right Now: Meredith Corporation(MDP)
Advisors’ Opinion:
- [By Ethan Ryder]
Meredith Co. (NYSE:MDP) declared a quarterly dividend on Wednesday, May 9th, RTT News reports. Investors of record on Thursday, May 31st will be given a dividend of 0.545 per share on Friday, June 15th. This represents a $2.18 annualized dividend and a dividend yield of 4.25%.
- [By Max Byerly]
Get a free copy of the Zacks research report on Meredith (MDP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Goelzer Investment Management Inc. boosted its position in shares of Meredith Co. (NYSE:MDP) by 351.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,664 shares of the company’s stock after acquiring an additional 125,099 shares during the quarter. Meredith accounts for approximately 1.0% of Goelzer Investment Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Goelzer Investment Management Inc.’s holdings in Meredith were worth $8,644,000 at the end of the most recent reporting period.
Best Undervalued Stocks To Buy Right Now: New Oriental Education & Technology Group, Inc.(EDU)
Advisors’ Opinion:
- [By Brian Stoffel]
As the old saying goes, “You need to strike when the iron is hot.”Management at New Oriental Education & Technology Group(NYSE:EDU), a provider of in-person and online after-school tutoring in China, knows that the business is red-hot right now; it is striking by leveraging its balance sheet and growing brand by pushing a massive expansion throughout the Middle Kingdom.
- [By Ethan Ryder]
EduCoin (EDU) is a PoW/PoS token that uses the Keccak hashing algorithm. It launched on September 9th, 2017. EduCoin’s total supply is 15,000,000,000 tokens. EduCoin’s official website is www.edu.one. EduCoin’s official Twitter account is @PReducoin.
- [By Ethan Ryder]
New Oriental (NYSE: EDU) and The Graham (NYSE:GHC) are both consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, dividends, profitability and analyst recommendations.
- [By Ethan Ryder]
Strayer Education (NASDAQ: STRA) and New Oriental Education & Tech Grp (NYSE:EDU) are both consumer discretionary companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability.
- [By Lisa Levin] Gainers
Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday.
Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast.
Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading.
Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday.
Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading.
Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday.
New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results.
Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid.
Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading.
Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday.
SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year.
Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday.
Deutsche Bank Aktiengesellschaft (NYSE: D - [By Motley Fool Staff]
New Oriental Education & Technology Group (NYSE:EDU) Q3 2017 Earnings Conference CallApril 24, 2018 8:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Best Undervalued Stocks To Buy Right Now: CEVA, Inc.(CEVA)
Advisors’ Opinion:
- [By Lisa Levin]
CEVA, Inc. (NASDAQ: CEVA) was down, falling around 12 percent to $30.25 after the company posted weaker-than-expected Q1 profit.
Commodities
- [By Stephan Byrd]
Get a free copy of the Zacks research report on CEVA (CEVA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on CEVA (CEVA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
CEVA (NASDAQ:CEVA) had its price objective decreased by Roth Capital to $44.00 in a research note released on Wednesday morning. Roth Capital currently has a buy rating on the semiconductor company’s stock.
Best Undervalued Stocks To Buy Right Now: MB Financial Inc.(MBFI)
Advisors’ Opinion:
- [By Joseph Griffin]
MB Financial (NASDAQ: MBFI) and Nicolet Bankshares (NASDAQ:NCBS) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, institutional ownership, dividends, valuation and risk.
- [By Lisa Levin] Gainers
SenesTech, Inc. (NASDAQ: SNES) shares jumped 113.5 percent to $0.6737 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 rose 35.34 percent to close at $3.32.
Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) shares gained 30.36 percent to $3.65.
Xtant Medical Holdings, Inc. (NYSE: XTNT) shares jumped 25.6 percent to $7.4701 after the company disclosed that it has received the FDA clearance for InTice™-C Porous Titanium Cervical Interbody System.
VAALCO Energy, Inc. (NYSE: EGY) shares surged 20 percent to $2.495.
TransGlobe Energy Corporation (NASDAQ: TGA) surged 17.04 percent to $2.61.
Boxlight Corporation (NASDAQ: BOXL) gained 15 percent to $8.32 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the development of next generation interactive educational activities.
Arcimoto, Inc. (NASDAQ: FUV) gained 15 percent to $3.39.
MB Financial, Inc. (NASDAQ: MBFI) rose 13.7 percent to $49.64. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
FRONTEO, Inc. (NASDAQ: FTEO) shares rose 11.8 percent to $20.956.
TransEnterix, Inc. (NYSE: TRXC) shares jumped 11.1 percent to $3.38.
21Vianet Group, Inc. (NASDAQ: VNET) rose 10.6 percent to $7.41.
NII Holdings, Inc. (NASDAQ: NIHD) shares gained 9 percent to $2.32.
Kelly Services, Inc. (NASDAQ: KELYA) rose 7.6 percent to $24.19. Northcoast Research upgraded Kelly Services from Neutral to Buy.
LaSalle Hotel Properties (NYSE: LHO) shares climbed 5.6 percent to $33.70. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported.
Alteryx, Inc. (NYSE: AYX) gained 5.5 percent to $32.56. KeyBanc upgraded Alteryx from Sector Weight to Overweight.
Energizer Holdings, Inc. (NYSE: - [By Chris Lange]
MB Financial Inc. (NASDAQ: MBFI) saw its shares make a handy gain to startthe week after it was announced that it would be merging with Fifth Third Bancorp (NASDAQ: FITB). Granted, the transaction is subject to the satisfaction of all customary closing conditions, including regulatory approvals and the approval of MB Financial shareholders.
- [By Jordan Wathen]
Shares of MB Financial, Inc. (NASDAQ:MBFI) are up by roughly 13% as of 11:45 a.m. EDT after the company announced it would be acquired by Fifth Third Bancorp (NASDAQ:FITB). Fifth Third shares were down by nearly 8% in active trading today, suggesting that its shareholders aren’t as enthusiastic about the acquisition.
- [By Ethan Ryder]
MB Financial (NASDAQ:MBFI) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Monday.
- [By Stephan Byrd]
MB Financial (NASDAQ:MBFI) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Thursday.
