Background:
In August, Gilead (GILD) announced the acquisition of Kite Pharma for $11.9 Billion. The deal generated significant excitement for long suffering Gilead shareholders and initially well received by Wall Street. Unlike most, I had a slightly more skeptical view of this deal. In the articles Kite-Gilead Winners and Losers Part 1 and Part 2, I argued the case that Gilead’s acquisition of Kite was a big win for Kite shareholders and one that potentially posed a fair amount of both upside and downside risk for Gilead. (For additional background on the CAR-T space I suggest that readers refer to Kite-Gilead Winners and Losers Part 2.)
Since then abstracts from the upcoming American Society of Hematology ASH conference have been released and suggest that the competitive landscape in CD19 CAR-T space could already be changing. In particular, Juno (JUNO) announced promising data on its JCAR017 program in Diffuse Large B-Cell Lymphoma (DLBCL) an indication which Gilead recently received FDA approval for. This article will look at the Kite/Gilead strategy in CD19 CAR-T and how Juno has deployed a different potentially disruptive strategy that could change the competitive landscape.
Hot Clean Energy Stocks To Own Right Now: Global Eagle Entertainment Inc.(ENT)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Global Eagle Entertainment Inc (NASDAQ: ENT) were down around 31 percent to $4.30. Global Eagle named Jeff Leddy as Chief Executive Officer. Dave Davis resigned as CEO effective February 20, 2017.
- [By Paul Ausick]
Global Eagle Entertainment Inc. (NASDAQ: ENT) dropped about 1.4% Tuesday, to post a new 52-week low of $14.29 after closing at $14.49 on Friday. The stock’s 52-week high is $19.92. Volume was about 7 times the daily average of around 420,000 shares. The company’s CEO and CFO both resigned unexpectedly this morning.
Hot Clean Energy Stocks To Own Right Now: Sony Corp Ord(SNE)
Advisors’ Opinion:
- [By Keith Noonan]
Consumer-level virtual reality (VR) received its first big push in 2016 with major headset launches from Facebook(NASDAQ:FB), HTC (NASDAQOTH:HTCCY), and Sony (NYSE:SNE), but uptake for the technology fell short of many analysts’ expectations, and there are a range of challenges that threaten to limit future adoption.Sales for Facebook’s Oculus Rift and HTC’s Vive headsets dried up after their respective launches, and SuperData cut its 2016 sales estimate for Sony’s PlayStation VR from 2.6 million units to 745,000 units — potentially worrying signs for the future of head-mounted displays.
- [By WWW.THESTREET.COM]
Since being appointed CEO in November, Bakish has said he would focus on Paramount and MTV, both of which have lost considerable ground to rivals. Along with executive changes at many of Viacom’s networks, Bakish in December hired Gumpert from Sony (SNE) Pictures Entertainment, replacing Frederick Huntsberry, who left the company.
- [By Michael A. Robinson]
Plus, the startup has the backing of Sony Corp. (NYSE: SNE), which is pioneering commercial drones in Japan, and Rakuten Inc., Japan’s leading online shopping mall, which launched a local drone service in April 2016.
- [By WWW.USATODAY.COM]
Many tech companies believe that virtual reality (VR) will be the next major growth market. That’s why big names like Facebook’s(NASDAQ: FB) Oculus, HTC, Sony(NYSE: SNE), Samsung, and Alphabet’s (NASDAQ: GOOG)(NASDAQ: GOOGL) Google have all jumped into this nascent space.
- [By Adam Levy]
Americans are changing the way they watch television. More and more customers are showing interest in over-the-top streaming TV services. Over 200,000 people joined AT&T’s (NYSE:T) DirecTVNow in about one month. DISH Network’s (NASDAQ:DISH) Sling TV has over 1 million subscribers. Sony’s (NYSE:SNE) PlayStation Vue is also very popular.
Hot Clean Energy Stocks To Own Right Now: Taylor & Martin Group Inc (TMG)
Advisors’ Opinion:
- [By Jim Cramer]
THERMO FISHER SCIENTIFIC INC’s earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, THERMO FISHER SCIENTIFIC INC increased its bottom line by earning $4.70 versus $3.49 in the prior year. This year, the market expects an improvement in earnings ($7.39 versus $4.70).
- [By Jim Cramer]
The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Life Sciences Tools & Services industry average. The net income increased by 0.9% when compared to the same quarter one year prior, going from $471.60 million to $476.10 million.
- [By Jim Cramer]
The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- [By Jim Cramer]
Net operating cash flow has increased to $743.90 million or 10.04% when compared to the same quarter last year. In addition, THERMO FISHER SCIENTIFIC INC has also modestly surpassed the industry average cash flow growth rate of 0.44%.
- [By Laurie Kulikowski]
We rate THERMO FISHER SCIENTIFIC INC as a Buy with a ratings score of A+. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, reasonable valuation levels, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Hot Clean Energy Stocks To Own Right Now: Interpublic Group of Companies, Inc. (The)(IPG)
Advisors’ Opinion:
- [By Laurie Kulikowski]
We rate INTERPUBLIC GROUP OF COS as a Buy with a ratings score of A. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
- [By Laurie Kulikowski]
Despite its growing revenue, the company underperformed as compared with the industry average of 7.2%. Since the same quarter one year prior, revenues slightly increased by 1.3%. This growth in revenue does not appear to have trickled down to the company’s bottom line, displayed by a decline in earnings per share.
- [By Lisa Levin] Related TRST Earnings Scheduled For October 21, 2016 Major Accounting Changes Are Coming To The Financial Industry
Related MORN One Of The World's Most Powerful Women, Fidelity Personal Investing President Kathleen Murphy, To Tell Her Story At The Benzinga Global Fintech Awards The 2017 Benzinga Global Fintech Awards Will Include An 'Unprecedented Group' Of Judges Morningstar Packs Conference Lineup For Financial Advisors (Investor’s Business Daily) Companies Reporting Before The Bell
Rockwell Collins, Inc. (NYSE: COL) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.33 billion.
General Electric Company (NYSE: GE) is expected to report quarterly earnings at $0.17 per share on revenue of $26.46 billion.
Honeywell International Inc. (NYSE: HON) is estimated to report quarterly earnings at $1.60 per share on revenue of $9.32 billion.
Interpublic Group of Companies Inc (NYSE: IPG) is expected to report quarterly earnings at $0.03 per share on revenue of $1.76 billion.
Schlumberger Limited. (NYSE: SLB) is estimated to report quarterly earnings at $0.26 per share on revenue of $7.02 billion.
SunTrust Banks, Inc. (NYSE: STI) is expected to report quarterly earnings at $0.83 per share on revenue of $2.21 billion.
ManpowerGroup Inc. (NYSE: MAN) is projected to report quarterly earnings at $1.11 per share on revenue of $4.68 billion.
Kansas City Southern (NYSE: KSU) is estimated to report quarterly earnings at $1.15 per share on revenue of $593.82 million.
Stanley Black & Decker, Inc. (NYSE: SWK) is projected to report quarterly earnings at $1.19 per share on revenue of $2.74 billion.
WABCO Holdings Inc. (NYSE: WBC) is estimated to report quarterly earnings at $1.44 per share on revenue of $721.89 million. - [By Laurie Kulikowski]
Interpublic is our income play in our media universe. While other stocks we cover offer a higher yield than IPG’s 2.1%, the company’s double digit EPS growth projections for 2016 (following an estimated 18% in 2015) will also likely be a driver of outperformance for the year. While results can be somewhat volatile for IPG, we would point to record new business win backlog this year, which improves our conviction that the better than average recent organic revenue growth trends will continue next year. At 18x our 2016 EPS estimate, we find IPG shares attractive at current levels for another projected year of healthy double digit total returns.
Hot Clean Energy Stocks To Own Right Now: Smith & Wesson Holding Corporation(SWHC)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Smith & Wesson Holding Corp (NASDAQ: SWHC) were down 12 percent to $21.04. Smith & Wesson reported upbeat results for its second quarter, but issued a weak outlook for its third quarter.
- [By Peter Graham]
A long term performance chart shows Sturm, Ruger & Company underperforming more volatile but higher flying competitors or peers like small cap gun stock American Outdoor Brands Corp (NASDAQ: AOBC), formerly Smith & Wesson Holding Corp (NASDAQ: SWHC), and electronic control device maker Axon Enterprise (NASDAQ: AAXN), formerlyTASER International, Inc (NASDAQ: TASR):
- [By Peter Graham]
A long term performance chart shows Sturm, Ruger & Company underperforming volatile higher flying competitors or peers like small cap gun stock American Outdoor Brands Corp (NASDAQ: AOBC), formerly Smith & Wesson Holding Corp (NASDAQ: SWHC), and electronic control device maker TASER International, Inc (NASDAQ: TASR):
- [By Chris Lange]
Smith & Wesson Holding Corp. (NASDAQ: SWHC) reported fiscal second-quarter financial results after markets closed on Thursday. The company said that it had $0.68 in earnings per share (EPS) and $233.5 million in revenue, versus consensus estimates from Thomson Reuters called for $0.56 in EPS and $227.61 million in revenue. The same period from last year had $0.25 in EPS and $143.24 million in revenue.
Hot Clean Energy Stocks To Own Right Now: Southern Company (The)(SO)
Advisors’ Opinion:
- [By Dustin Parrett]
Natural gas just claimed another victory over clean coal, as Southern Co. (NYSE: SO) announced on June 28 it’s converting its failed $7.1 billion clean coal power plant into a natural gas-fired facility.
- [By Ben Levisohn]
For those that are looking to express a more downbeat market view, or looking for a source of funds, we can neutralize our positive S&P 500 outlook and aim to sell stocks that are at risk to underperform on a relative basis. While a rising tide lifts all boats in absolute terms, we found that mega-cap safety is the central theme linking stocks that are at, or nearing, decade-long relative lows vs. the S&P 500: General Electric, Southern (SO), Simon Property Group (SPG), Verizon Communications (VZ), Wal-Mart, ExxonMobil. We see such relative weakness as a sign of vulnerability in their trend.
- [By WWW.MONEYSHOW.COM]
Southern Company (SO) produces 44,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume.
