Hot Canadian Stocks To Invest In 2019

As the clock passed midnight on Friday morning, Pierre Labat’s job got a lot tougher.

Labat is vice president of global automotive at Atlanta-based Novelis Inc., a maker of flat-rolled aluminum products. Metal tariffs on Canadian, Mexican and European Union imports announced Thursday morning took effect just 15 hours later, a once-unthinkable action that swiftly created winners and losers.

Buyers such as Novelis felt the pain at 12:01 a.m. New York time, as U.S. Customs and Border Protection started applying the tariffs at ports and land crossings.

Shipping costs on aluminum already are rising and will be passed through to customers. The price to ship aluminum to the U.S. Midwest has risen 125 percent in 2018 amid speculation that the U.S. would put up trade barriers.

In the early hours of the new tariff regime, an unintended consequence for Novelis was starting to become a reality for Labat to consider: that high tariffs will encourage consumers to find alternatives to steel and aluminum.

Hot Canadian Stocks To Invest In 2019: Theravance Biopharma, Inc.(TBPH)

Advisors’ Opinion:

  • [By Chris Lange]

    Theravance Biopharma Inc. (NASDAQ: TBPH) is expected to report data from its Phase 2a study in patients with symptomatic neurogenic orthostatic hypotension by end of July 2018. Specifically, this data is in regards to its TD-9855 (norepinephrine serotonin reuptake inhibitor).

  • [By Stephan Byrd]

    Old West Investment Management LLC trimmed its position in Theravance Biopharma Inc (NASDAQ:TBPH) by 4.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,320 shares of the biopharmaceutical company’s stock after selling 4,542 shares during the period. Theravance Biopharma accounts for approximately 1.5% of Old West Investment Management LLC’s investment portfolio, making the stock its 25th biggest holding. Old West Investment Management LLC owned about 0.20% of Theravance Biopharma worth $2,651,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Theravance Biopharma (NASDAQ:TBPH) – Investment analysts at Cantor Fitzgerald issued their FY2019 earnings estimates for shares of Theravance Biopharma in a research note issued to investors on Tuesday, May 22nd. Cantor Fitzgerald analyst L. Chen anticipates that the biopharmaceutical company will earn ($3.74) per share for the year. Cantor Fitzgerald currently has a “Buy” rating and a $55.00 price target on the stock.

Hot Canadian Stocks To Invest In 2019: Eaton Vance Floating Rate Income Trust(EFT)

Advisors’ Opinion:

  • [By Shane Hupp]

    Relative Value Partners Group LLC grew its holdings in Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 11.0% in the first quarter, HoldingsChannel reports. The firm owned 799,864 shares of the investment management company’s stock after purchasing an additional 79,578 shares during the period. Relative Value Partners Group LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $11,958,000 as of its most recent SEC filing.

Hot Canadian Stocks To Invest In 2019: TiVo Inc.(TIVO)

Advisors’ Opinion:

  • [By Shane Hupp]

    Neuberger Berman Group LLC reduced its holdings in TiVo Co. (NASDAQ:TIVO) by 3.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,273,009 shares of the technology company’s stock after selling 70,433 shares during the period. Neuberger Berman Group LLC’s holdings in TiVo were worth $30,798,000 at the end of the most recent quarter.

  • [By Lisa Levin]

     

    Companies Reporting After The Bell
    NVIDIA Corporation (NASDAQ: NVDA) is estimated to post quarterly earnings at $1.45 per share on revenue of $2.89 billion.
    News Corporation (NASDAQ: NWSA) is projected to post quarterly earnings at $0.07 per share on revenue of $1.99 billion.
    Symantec Corporation (NASDAQ: SYMC) is estimated to post quarterly earnings at $0.39 per share on revenue of $1.19 billion.
    Pilgrim's Pride Corporation (NASDAQ: PPC) is projected to post quarterly earnings at $0.54 per share on revenue of $2.65 billion.
    Hawaiian Electric Industries, Inc. (NYSE: HE) is expected to post quarterly earnings at $0.38 per share on revenue of $556.81 million.
    Air Lease Corporation (NYSE: AL) is estimated to post quarterly earnings at $1.01 per share on revenue of $383.37 million.
    Flowserve Corporation (NYSE: FLS) is expected to post quarterly earnings at $0.27 per share on revenue of $880.89 million.
    Civitas Solutions, Inc. (NYSE: CIVI) is projected to post quarterly earnings at $0.12 per share on revenue of $396.25 million.
    The Trade Desk, Inc. (NASDAQ: TTD) is estimated to post quarterly earnings at $0.1 per share on revenue of $73.23 million.
    Amdocs Limited (NYSE: DOX) is projected to post quarterly earnings at $0.95 per share on revenue of $980.50 million.
    Yelp Inc. (NYSE: YELP) is estimated to post quarterly loss at $0.04 per share on revenue of $220.14 million.
    Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) is expected to post quarterly earnings at $0.43 per share on revenue of $210.01 million.
    TiVo Corporation (NASDAQ: TIVO) is projected to post quarterly earnings at $0.37 per share on revenue of $198.62 million.
    Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) is expected to post quarterly earnings at $0.17 per share on revenue of $153.87 million.
    Uniti Group Inc. (NASDAQ: UNIT) is estimated to post quarterly earnings at $0.01 per share on revenue of $247.16 million.
    Jagged Peak En

  • [By ]

    Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.

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