Best Undervalued Stocks To Own For 2019

The OPEC deal and two new pipelines to be built in Western Canada saw my favorite oil & gas stocks tick higher – much higher in some cases. And, this should be just the beginning!

As supply and demand come back into balance, Western Canadian producers should find prices sufficient to fund growth without adding to debt. At the same time, the Trans Mountain pipeline will provide access to tidewater and the upgraded Enbridge line will provide a bit more capacity, both of which should act to shrink the differential between Alberta prices and West Texas Intermediate, currently somewhere in the low-to-mid teens. Both projects are expected to be complete by 2019, easing major transportation bottlenecks.

A run-down of today’s action shows the leverage on the day of the announcement:

Penn West (NYSE:PWE) gained $0.17 per share or 10.8%

Pengrowth (NYSE:PGH) added $0.23 or 17.8%

Enerplus (NYSE:ERF) tacked on $1.29 or 17.5%

All three of these names remain undervalued in my opinion. All three have -made significant progress in de-levering their balance sheets (although PGH still has a way to go to be out of the woods entirely). All three expect to fund their capital outlays through internally generated cash flows and still reduce debt even further.

Best Undervalued Stocks To Own For 2019: Globalstar Inc.(GSAT)

Advisors’ Opinion:

  • [By Anders Bylund]

    Shares of Globalstar (NYSEMKT:GSAT) had a wild ride in April. By the end of the month, the stock had fallen 11% lower, according to data from S&P Global Market Intelligence.

  • [By Paul Ausick]

    Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 5.9% Monday and posted a new 52-week low of $0.48 after closing Friday at $0.51. The stock’s 52-week high is $2.30. Volume totaled about 4.4 million, about 20% below the daily average of around  5.4 million. The company had no specific news.

  • [By Paul Ausick]

    Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 12.5% Tuesday and posted a new 52-week low of $0.77 after closing Monday at $0.88. The stock’s 52-week high is $2.59. Volume was about 70% above the daily average of around 3.7 million shares. The had no specific news.

Best Undervalued Stocks To Own For 2019: ClearBridge American Energy MLP Fund Inc.(CBA )

Advisors’ Opinion:

  • [By Max Byerly]

    Sit Investment Associates Inc. grew its position in shares of ClearBridge American Energy MLP Fund Inc (NYSE:CBA) by 20.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 795,051 shares of the investment management company’s stock after acquiring an additional 136,834 shares during the quarter. Sit Investment Associates Inc. owned 1.36% of ClearBridge American Energy MLP Fund worth $6,003,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    News headlines about ClearBridge American Energy MLP Fund (NYSE:CBA) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ClearBridge American Energy MLP Fund earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 47.3026009142931 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Best Undervalued Stocks To Own For 2019: Castle (A.M.) & Co.(CAS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Cashaa (CURRENCY:CAS) traded up 3% against the US dollar during the 1 day period ending at 23:00 PM E.T. on September 18th. During the last seven days, Cashaa has traded 2.5% lower against the US dollar. Cashaa has a market capitalization of $6.33 million and $110,922.00 worth of Cashaa was traded on exchanges in the last day. One Cashaa token can currently be purchased for approximately $0.0124 or 0.00000195 BTC on popular cryptocurrency exchanges including Exrates, TOPBTC, IDEX and HitBTC.

  • [By Joseph Griffin]

    Cascades Inc (TSE:CAS) – Analysts at National Bank Financial raised their Q4 2018 earnings per share (EPS) estimates for Cascades in a report issued on Thursday, August 9th. National Bank Financial analyst L. Aghazarian now expects that the company will post earnings of $0.28 per share for the quarter, up from their previous estimate of $0.26. National Bank Financial has a “Outperform” rating and a $18.00 price target on the stock.

  • [By Max Byerly]

    Cashaa (CURRENCY:CAS) traded 5.4% lower against the U.S. dollar during the 1-day period ending at 17:00 PM Eastern on June 26th. Cashaa has a total market capitalization of $14.70 million and $413,446.00 worth of Cashaa was traded on exchanges in the last 24 hours. One Cashaa token can now be bought for approximately $0.0354 or 0.00000572 BTC on popular exchanges including HitBTC and IDEX. During the last week, Cashaa has traded down 17.6% against the U.S. dollar.

Best Undervalued Stocks To Own For 2019: Gentex Corporation(GNTX)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Delphi Technologies (NYSE: DLPH) and Gentex (NASDAQ:GNTX) are both mid-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends and earnings.

  • [By Shane Hupp]

    Gentex (NASDAQ: GNTX) is one of 45 publicly-traded companies in the “Motor vehicle parts & accessories” industry, but how does it contrast to its competitors? We will compare Gentex to related companies based on the strength of its profitability, dividends, institutional ownership, earnings, analyst recommendations, risk and valuation.

  • [By Shane Hupp]

    Robeco Institutional Asset Management B.V. boosted its position in shares of Gentex Co. (NASDAQ:GNTX) by 246.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 604,945 shares of the auto parts company’s stock after purchasing an additional 430,146 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Gentex were worth $13,926,000 at the end of the most recent reporting period.

  • [By Shane Hupp]

    Country Trust Bank grew its position in Gentex Co. (NASDAQ:GNTX) by 19.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,286,822 shares of the auto parts company’s stock after buying an additional 212,887 shares during the period. Country Trust Bank’s holdings in Gentex were worth $29,623,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    BidaskClub downgraded shares of Gentex (NASDAQ:GNTX) from a buy rating to a hold rating in a research report released on Saturday morning.

    GNTX has been the topic of several other reports. Susquehanna Bancshares set a $25.00 price target on shares of Gentex and gave the stock a hold rating in a research note on Sunday, April 22nd. ValuEngine downgraded shares of Gentex from a buy rating to a hold rating in a research note on Wednesday, May 2nd. Zacks Investment Research raised shares of Gentex from a hold rating to a buy rating and set a $25.00 price target on the stock in a research note on Monday, April 23rd. Longbow Research reissued a buy rating and issued a $28.00 price target on shares of Gentex in a research note on Monday, April 23rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Gentex from $26.00 to $25.00 and set a neutral rating on the stock in a research note on Tuesday, April 24th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $25.60.

Best Undervalued Stocks To Own For 2019: Preferred Apartment Communities, Inc.(APTS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Preferred Apartment (NYSE:APTS) – Research analysts at B. Riley raised their FY2018 earnings estimates for shares of Preferred Apartment in a note issued to investors on Thursday, May 3rd. B. Riley analyst C. Kucera now expects that the real estate investment trust will post earnings per share of $1.45 for the year, up from their prior estimate of $1.44. B. Riley currently has a “Hold” rating and a $16.00 price target on the stock. B. Riley also issued estimates for Preferred Apartment’s Q4 2018 earnings at $0.40 EPS.

  • [By Max Byerly]

    WINTON GROUP Ltd acquired a new stake in Preferred Apartment Communities Inc. (NYSE:APTS) during the 1st quarter, Holdings Channel reports. The firm acquired 80,485 shares of the real estate investment trust’s stock, valued at approximately $1,142,000.

  • [By Logan Wallace]

    Headlines about Preferred Apartment Communities (NYSE:APTS) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Preferred Apartment Communities earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 45.8928811434586 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

  • [By Garrett Baldwin]

    There’s no guesswork involved, and the best part is – it’ll only take you 10 minutes per day! Click here now to start this once-in-a-lifetime journey…

    Stocks to Watch Today: KHC, HD, JWN, M, AAPL
    Kraft Heinz Co. (NYSE: KHC) is still licking its wounds after an abysmal earnings report on Thursday and a weak 2019 outlook. The consumer goods giant is looking to reshape its business as consumer tastes continue to evolve. According to reports, the firm – backed heavily by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) – is considering a deal to sell its Maxwell House brand. Warren Buffett is also affecting shares of Apple Inc. (NASDAQ: AAPL). Although AAPL stock added 0.4% in pre-market hours, Buffett said he would not purchase more shares of the company stock at these levels. However, should AAPL stock pull back in the near future, the “Oracle of Omaha” would consider purchasing more. Earnings season may be winding down, but concerns about the U.S. brick-and-mortar retail industry are always high. This week, Home Depot Inc. (NYSE: HD), Nordstrom Inc. (NYSE: JWN), and Macy’s Inc. (NYSE: M) will report earnings from the holiday quarter. Look for earnings reports from American States Water Co. (NYSE: AWR), Chatham Lodging Trust (NYSE: CLDT), EPR Properties (NYSE: EPR), Etsy Inc. (NASDAQ: ETSY), Life Storage Inc. (NYSE: LSI), Mosaic Co. (NYSE: MOS), Oneok Inc. (NYSE: OKE), Potbelly Corp. (NASDAQ: PBPB), Preferred Apartment Communities Inc. (NYSE: APTS), Rent-A-Center Inc. (NASDAQ: RCII), Shake Shack Inc. (NYSE: SHAK), and Tenet Healthcare Corp. (NYSE: THC).

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