Royal Mail Plc, which traces its origins back five hundred years has been a member of the FTSE 100, the UKs index of blue chip companies, since shortly after being privatized in 2013, only narrowly escaped relegation in the most recent quarterly review this June. But could it now be relegated? Some pundits have ventured as much.
Todays British postal that was founded in 1516 when Henry VIII created a Master of the Posts was the darling of the stock market following its full privatization in 2013 and debut on the London Stock Exchange.
But after shares reached the giddy heights of £6.15 in January 2014 concerns have grown about its speed of restructuring, falling letter volumes and on-going negotiations with unions around closing its expensive Defined Benefit (DB) pension scheme.
These worries have contributed to the shares falling to £3.97 a pop of late, which equates to a decline of 20% year to date. And, since hitting the highs back then the share price drop equates to c.35%.
Hot Blue Chip Stocks To Own For 2018: Delta Technology Holdings Limited(DELT)
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested going long on small capChinese chemical stock Delta Technology Holdings Ltd(NASDAQ: DELT):
Hot Blue Chip Stocks To Own For 2018: Oil States International Inc.(OIS)
- [By Wayne Duggan]
Instead, Genargo prefers oil services stocks with the most exposure to the U.S market. Loop names Halliburton Company (NYSE: HAL) as its top large-cap stock pick and Oil States International, Inc. (NYSE: OIS), Newpark Resources Inc (NYSE: NR) and Superior Energy Services, Inc. (NYSE: SPN) as its top small- and mid-cap stocks.
- [By Michael J. Carr]
Einhorn selects investments with a traditional value approach, although he may not be as patient as a typical value investor. Einhorn took Apple (Nasdaq: AAPL) to court in an effort to force the company to return cash to shareholders, and more recently challenged Oil States International (NYSE: OIS) to unlock shareholder value.
Hot Blue Chip Stocks To Own For 2018: ArQule Inc.(ARQL)
- [By Paul Ausick]
ArQule Inc. (NASDAQ: ARQL) dropped about 23% Friday, to post a new 52-week low of $1.13 after closing at $1.47 on Thursday. The stock’s 52-week high is $2.17. Volume was about 15 times the daily average of around 150,000 shares. The biopharmaceutical company said this morning that a phase 3 trial of a cancer drug did not meet the primary endpoint of improving overall survival.
Hot Blue Chip Stocks To Own For 2018: Fortress Investment Group LLC(FIG)
- [By Dan Caplinger]
The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
Hot Blue Chip Stocks To Own For 2018: Virtu Financial, Inc.(VIRT)
- [By Lee Jackson]
Virtu Financial Inc. (NASDAQ: VIRT) had a large buyer at the desk last week. TJMT Holdings, an investment vehicle for the founder and Executive Chairman Vincent Viola, bought a 50,000 share blockat $15.88 apiece. The total price for the trade was $794,345. The company provides market making and liquidity services to the financial markets worldwide. Shares closed last Friday at $15.95, in a 52 week range of$12.35 to $23.97, and the consensus price target is $16.31.
Hot Blue Chip Stocks To Own For 2018: CVD Equipment Corporation(CVV)
- [By Jim Robertson]
At the beginning of the week, our Under the Radar Moversnewsletter suggestedsmall cap industrial machinery stock CVD Equipment Corporation (NASDAQ: CVV) as a long/bullish trade:
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested small cap materials and coatings stock CVD Equipment Corporation (NASDAQ: CVV) as a short/bearish trade: