As I only have so much bandwidth and have been distracted covering other stock adventures, exclusively here on SA, I haven’t written about shares of GNC Holdings Inc. (NYSE:GNC) since March 10th. In today’s piece, I will briefly discuss Goldman Sachs’ March 22nd sell reiteration and $5 price target, share GNC’s short interest data as of March 15th, and mention a recent conversation with the hedge fund analyst short GNC (see my February 2nd piece: Discussion With A Hedge Fund Analyst Short GNC).
As you can see from these snapshots, I got my hands on a copy of Stephen Tanal’s March 22, 2017 GNC and VSI analyst update. Stephen reiterated his $5 price target and pointed to a price study conducted at the end of February as his rationale for his super bearish thesis. I read the brief report and yawned. Using Stephen’s logic then CVS Health Corp. (NYSE:CVS) and Walgreens Boots Alliance Inc. (NASDAQ:WBA) would be bankrupt.
Hot Gold Stocks To Buy Right Now: Mattersight Corporation(MATR)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Mattersight Corporation (NASDAQ: MATR) got a boost, shooting up 23 percent to $2.65 after the company agreed to be purchased by NICE Ltd.
- [By Shane Hupp]
Ebix (NASDAQ: EBIX) and Mattersight (NASDAQ:MATR) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, risk, earnings, analyst recommendations, dividends and valuation.
- [By Lisa Levin]
Shares of Mattersight Corporation (NASDAQ: MATR) got a boost, shooting up 23 percent to $2.65 after the company agreed to be purchased by an affiliate of NICE Ltd.
- [By Lisa Levin] Gainers
Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday.
Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21.
MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook.
Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06.
Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd.
Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday.
Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings.
PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results.
Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25.
Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook.
Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter.
Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit.
BioTelemetry, - [By Lisa Levin] Gainers
Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook.
Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd.
Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday.
Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings.
PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results.
O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit.
Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70.
Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results.
BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter.
Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter.
SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW.
Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results.
CYS Investments, Inc. (NYSE: CYS)
Hot Gold Stocks To Buy Right Now: American Financial Group, Inc.(AFG)
Advisors’ Opinion:
- [By Joseph Griffin]
Westpac Banking Corp increased its stake in shares of American Financial Group (NYSE:AFG) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,403 shares of the insurance provider’s stock after purchasing an additional 709 shares during the quarter. Westpac Banking Corp’s holdings in American Financial Group were worth $831,000 as of its most recent filing with the SEC.
Hot Gold Stocks To Buy Right Now: Xerox Corporation(XRX)
Advisors’ Opinion:
- [By Douglas A. McIntyre]
Xerox Corp. (NYSE: XRX) has been in deep trouble for years. It did not make the train traveling toward the digital storage and sharing of documents and corporate data. According to rumors in The Wall Street Journal and other media, two large shareholders have begun to pressure the Xerox board to sell the company, which may be the only way Xerox has a viable future.
- [By Douglas A. McIntyre]
Two corporate raiders have managed to kill a business combination between Xerox Corp. (NYSE: XRX) and an arm of Japanese company Fujifilm. It leaves troubled Xerox with a difficult future, after years of efforts by a string of executives to turn around its business.
- [By Ethan Ryder]
JPMorgan Chase cut shares of Xerox (NYSE:XRX) from an overweight rating to a neutral rating in a research report sent to investors on Monday morning, MarketBeat reports. The firm currently has $40.00 target price on the information technology services provider’s stock.
- [By ]
A New York Judge late Friday issued an order temporarily blocking Xerox Corp.’s (XRX) plan to merge with Fujifilm. At the same time, the judge gave the document technology company’s third-largest shareholder permission to move ahead with a change-of-control proxy contest to take over Xerox’s board.
- [By Douglas A. McIntyre]
A Xerox Corp. (NYSE: XRX) plan to merge with a Japanese company has died. According to Reuters:
Xerox Corp has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the U.S. photocopier giant to new management.
Hot Gold Stocks To Buy Right Now: Stanley Black & Decker Inc.(SWK)
Advisors’ Opinion:
- [By Max Byerly]
Goelzer Investment Management Inc. decreased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 3.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,610 shares of the industrial products company’s stock after selling 1,285 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Stanley Black & Decker were worth $5,149,000 at the end of the most recent quarter.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Stanley Black & Decker, Inc. (NYSE: SWK) which traded down about 7% at $144.02. The stocks 52-week range is $133.25 to $176.62. Volume was 3.3 million compared to the daily average volume of 1.3 million.
- [By Logan Wallace]
Stanley Black & Decker (NYSE: SWK) and Lifetime Brands (NASDAQ:LCUT) are both industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, analyst recommendations, profitability, earnings and risk.
- [By Logan Wallace]
In other news, SVP Joseph R. Voelker sold 3,284 shares of Stanley Black & Decker stock in a transaction on Monday, March 5th. The shares were sold at an average price of $151.44, for a total transaction of $497,328.96. Following the transaction, the senior vice president now directly owns 20,367 shares of the company’s stock, valued at $3,084,378.48. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.69% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Stanley Black & Decker (SWK) Issues FY18 Earnings Guidance” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at www.tickerreport.com/banking-finance/3373620/stanley-black-decker-swk-issues-fy18-earnings-guidance.html.
Stanley Black & Decker Company Profile
- [By Shane Hupp]
Wells Fargo & Company MN decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.8% in the first quarter, Holdings Channel reports. The fund owned 4,494,819 shares of the industrial products company’s stock after selling 82,051 shares during the quarter. Wells Fargo & Company MN’s holdings in Stanley Black & Decker were worth $688,606,000 at the end of the most recent quarter.
