good stocks to buy

The railroad business has been tough lately, and companies like CSX (NASDAQ:CSX) have had to deal with the ups and downs of the industrial economy and its impact on shipping volume. Coming into Wednesday’s first-quarter financial report, however, CSX investors were excited about the prospects for a resurgence in the railroad’s growth prospects.

With a new CEO at the helm, CSX’s results were indeed strong. Moreover, the company sees more good things happening in the months to come. Let’s look more closely at CSX to see how it did and what lies ahead for the railroad going forward.

Image source: CSX.

CSX toots its horn

CSX’s first-quarter report continued an improving trend in the railroad’s performance. Sales were up almost 10% to $2.87 billion, which was almost double the top-line growth rate that most investors were expecting to see. On a GAAP basis, net income inched upward by just 2% to $362 million. But after taking in account one-time restructuring charges, adjusted earnings of $0.51 per share were $0.08 higher than the consensus forecast among those following the stock.

good stocks to buy: DSP Group Inc.(DSPG)

Advisors’ Opinion:

  • [By Lisa Levin]

    Technology shares rose by 2 percent in the US market on Friday. Top gainers in the sector included Fabrinet (NYSE: FN), and DSP Group, Inc. (NASDAQ: DSPG).

good stocks to buy: Two Harbors Investments Corp(TWO)

Advisors’ Opinion:

  • [By David Hanson]

    This week at the Barclays Capital Global Financials Conference, droves of CEOs, CFOs, and CIOs trotted on stage to address a room full of eager analysts. One of the lone mREITs represented was Two Harbors (NYSE: TWO  ) . CEO Tom Siering and CIO Bill Roth weighed in on the current environment.

good stocks to buy: Leading Brands Inc(LBIX)

Advisors’ Opinion:

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares shot up 66 percent to $2.49 following Q1 results. Leading Brands reported Q1 earnings of $0.10 per share on revenue of $3.033 million.

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares dropped 13 percent to $1.99 following Q2 results. Leading Brands posted Q2 EBITDAS of $0.00 per share, compared to $0.09 per share during the same period last year.

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares were also up, gaining 145 percent to $3.31 on no formal news from company. The stock rallied 215 percent over Tuesday and Wednesday of this week amid trader speculation stock could be sympathy play on move higher in Helios & Matheson. However, Leading Brands shares sold off 27 percent on Thursday.

good stocks to buy: Cliffs Natural Resources Inc.(CLF)

Advisors’ Opinion:

  • [By Javier Hasse]

    Steel stocks are spiking on Monday afternoon, with AK Steel Holding Corporation (NYSE: AKS) up almost 7.5 percent, United States Steel Corporation (NYSE: X) up about 6.4 percent, Cliffs Natural Resources Inc (NYSE: CLF) up more than 1 percent and Mechel PAO (ADR) (NYSE: MTL) up 16.8 percent. The stocks are not being helped by a few analyst upgrades (although, surely not hurt by them), but seem to be mostly rallying on the back of Donald Trump’s election as president of the United States.

  • [By Lisa Levin]

    Friday afternoon, the basic materials shares surged 1.61 percent. Meanwhile, top gainers in the sector included Cleveland-Cliffs Inc (NYSE: CLF), up 9 percent, and ArcelorMittal SA (ADR) (NYSE: MT), up 8 percent.

  • [By Lisa Levin]

    Basic materials shares rose by 0.74 percent in the US market on Friday. Top gainers in the sector included AK Steel Holding Corporation (NYSE: AKS), Cliffs Natural Resources Inc (NYSE: CLF), and United States Steel Corporation (NYSE: X).

good stocks to buy: L Brands, Inc.(LB)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    In the parched terrain just south of the United States border, the prices of food and other necessities follow the dollar, whose value has been climbing: Link

    ECONOMIC DATA
    Industrial Production (MoM) for Feb 0.00% vs 0.20% consensus estimate; Manufacturing Outputs (MoM) for Feb 0.50% vs 0.40% consensus estimate.
    The University of Michigan's consumer sentiment index for March is schedule for release at 10:00 a.m. ET.
    The index of leading economic indicators for February will be released at 10:00 a.m. ET.
    The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
    ANALYST RATINGS
    Wunderlich upgraded Adobe Systems (NASDAQ: ADBE) from Hold to Buy
    FBR Capital upgraded L Brands (NYSE: LB) from Market Perform to Outperform
    Morgan Stanley upgraded Dean Foods (NYSE: DF) from Neutral to Overweight
    Baird downgraded Patheon (NYSE: PTHN) from Outperform to Neutral
    Citigroup downgraded SeaWorld Entertainment Inc (NYSE: SEAS) from Neutral to Sell
    Goldman Sachs downgraded Macerich (NYSE: MAC) from Neutral to Sell

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email minutes@benzinga.com.

  • [By WWW.THESTREET.COM]

    The next market worry is retail, with shares of Macy’s (M) falling over 14%, Kohl’s (KSS) down 19% and L Brands (LB) sinking more than 7%. 

    Cramer said the good news is that money is not leaving the stock market, it’s simply moving from the new winners back to the old winners, stocks like Facebook (FB) and Apple (AAPL) , two Action Alerts PLUS holdings.

  • [By Ben Levisohn]

    L Brands (LB) has fallen 2.5% to $66.25 after beating earnings forecasts but offering disappointing guidance.

    Hain Celestial Group (HAIN) has jumped 13% to $40.40 after announcing that an independent review found no evidence that accounting errors were intentional.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which traded down about 12% at $50.97. The stocks 52-week range is $35.00 to $64.91. Volume was just over 20 million versus the daily average of about 4 million shares.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which rose about 7% to $56.05. The stocks 52-week range is $35.00 to $75.50. Volume was 10.3 million compared to its average volume of 4.3 million.

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