Hot Financial Stocks For 2018

After attending its investor update, Raymond James analysts Savanthi Syth and Matt Roberts see a “pathway to substantial and sustainable shareholder value creation” at Delta Air Lines (DAL). They explain:

Bloomberg News

Delta held its fourth mid-year investor update primarily focused on providing updated capital deployment targets. The cash flow and capital deployment commentary in general was better than our, and we believe consensus, expectations and continues to position Delta with a lower-risk business model that should generate profitability and shareholder value through the business cycle…

Financial targets (largely in-line): We had anticipated Delta to raise its three-year margin/ROIC targets (and, in turn, operating cash flow) based on lower-for-longer fuel expectation. The targets were generally in-line with our 2016/17 forecasts. An exception was our lower 2017E operating cash flow, but this was due to a much higher cash tax rate assumption. In a positive surprise, Delta noted its cash tax rate is expected to be 20% compared to the book tax rate of 35%. While the financial forecasts were largely in-line with our expectations, they are likely to be met with skepticism by some investors due to concerns about the industrys ability to recover anticipated rising fuel prices or the potential for substantial weakening of demand from current levels (or both!)…

Hot Financial Stocks For 2018: Old Second Bancorp Inc.(OSBC)

Advisors’ Opinion:

  • [By Lisa Levin]

    Friday afternoon, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Wins Finance Holdings Inc (NASDAQ: WINS) and Old Second Bancorp Inc. (NASDAQ: OSBC).

Hot Financial Stocks For 2018: Territorial Bancorp Inc.(TBNK)

Advisors’ Opinion:

  • [By Lisa Levin]

    Territorial Bancorp (NASDAQ: TBNK) shares touched a new 52-week low of $21.31. Territorial Bancorp shares have dropped 9.43% over the past 52 weeks, while the S&P 500 index has gained 16.18% in the same period.

Hot Financial Stocks For 2018: Aon Corporation(AON)

Advisors’ Opinion:


    We’re seeing the exact same price pattern playing out in shares of $29 billion risk and insurance consultancy firm Aon plc (AON) . Aon has been a strong performer for all of 2016, up 20% since the calendar flipped to January. But don’t worry if you’ve missed the move – an ascending triangle pattern is signaling a second leg higher here. For Aon, the breakout level to watch is resistance up at $113.

Hot Financial Stocks For 2018: Tanger Factory Outlet Centers Inc.(SKT)

Advisors’ Opinion:


    In the Lightning Round, Cramer was bullish on Palo Alto Networks (PANW) , Cisco Systems (CSCO) , Tanger Factory Outlet Centers (SKT) and Consolidated Edison (ED) .

  • [By Shauna O’Brien]

    Jefferies announced on Wednesday that it has cut its rating on Tanger Factory Outlet Centers Inc. (SKT).

    The firm has downgraded SKT from “Buy” to “Hold,” and has lowered the company’s price target from $40 to $35. This price target suggests an 8% upside from the stock’s current price of $32.22.

    Analyst Omotayo Okusanya commented: “We expect near-term headwinds for the mall and outlet mall segment as tenant sales growth appears to be slowing.”

    “At SKT, development yields on two projects have also been reduced. Further, rising interest rates negatively impact our DDM-derived PT. Our lowered PT of $35 represents a 10% total return over the next-twelve-months (NTM); we are downgrading to Hold,” added the analyst.

    Tanger Factory Outlet shares were mostly flat during pre-market trading Wednesday. The stock is up more than 5% YTD.

  • [By Paul Ausick]

    Tanger Factory Outlet Centers Inc. (NYSE: SKT) traded down nearly 10% Wednesday and posted a new 52-week low of $21.14 after closing Tuesday at $23.47. The stock’s 52-week high is $34.76. Volume was around 6.9 million, nearly five times the daily average. The companr reported results after markets closed Tuesday.

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