Shares of Novavax (NASDAQ:NVAX), arecombinant nanoparticle vaccine and adjuvant developer, have been struggling to find a bottom ever since the late-stage failure of the company’s experimental respiratorysyncytial virus (RSV) vaccine candidate for older adults. The long and short of it is that investors have largely lost faith in the company’s ability to develop a commercially viable product.
On occasion, however, it can be extremely rewarding to take a contrarian position, especially in the volatile biotech space. That being said, I think investors may want to stick with the prevailing negative sentiment when it comes to Novavax. Here’s why.
Image Source: Getty Images.
Big promises with no follow-through
It may come as a surprise to some that Novavax has actually been around since 1987. Even so, the biotech has never developed a commercial-stage product. That’s both a testament to just how difficult it is to strike gold in the vaccine space, and a knock against Novavax’s leadership. Three decades without a commercial-stage product is a bit excessive, after all.
Hot Gold Stocks To Invest In Right Now: Integrated Device Technology, Inc.(IDTI)
Advisors’ Opinion:
- [By Ezra Schwarzbaum]
Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:
Lumentum Holdings Inc (NASDAQ: LITE)
Ciena Corporation (NYSE: CIEN)
Coherent, Inc. (NASDAQ: COHR)
II-VI, Inc. (NASDAQ: IIVI)
Inphi Corporation (NYSE: IPHI)
Skyworks Solutions Inc (NASDAQ: SWKS)
Integrated Device Technology Inc (NASDAQ: IDTI)
Qorvo Inc (NASDAQ: QRVO)
Xilinx, Inc. (NASDAQ: XLNX)
Broadcom Inc (NASDAQ: AVGO)
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Hot Gold Stocks To Invest In Right Now: Tennessee Valley Authority(TVE)
Advisors’ Opinion:
- [By Shane Hupp]
Tamarack-Valley-Energy (CVE:TVE) had its price objective raised by equities research analysts at BMO Capital Markets from C$3.75 to C$4.50 in a research note issued on Friday. BMO Capital Markets’ target price points to a potential downside of 82.02% from the stock’s current price.
Hot Gold Stocks To Invest In Right Now: Apollo Global Management, LLC(APO)
Advisors’ Opinion:
- [By Max Byerly]
Apollo Global Management (NYSE:APO) – Equities researchers at Jefferies Group dropped their Q2 2018 earnings estimates for Apollo Global Management in a research report issued to clients and investors on Monday, May 7th. Jefferies Group analyst G. O’hara now forecasts that the financial services provider will post earnings of $0.69 per share for the quarter, down from their previous estimate of $0.70. Jefferies Group also issued estimates for Apollo Global Management’s Q3 2018 earnings at $0.75 EPS and Q4 2018 earnings at $0.80 EPS.
- [By Tim Melvin]
That began to change a few years ago, when the big private equity firms began to go public. The Blackstone Group LP (NYSE: BX) was the first back in 2007, followed by KKR in 2010, Apollo Global Management LLC (NYSE: APO) in 2011, and The Carlyle Group LP (Nasdaq: CG) in 2012.
Hot Gold Stocks To Invest In Right Now: Tyson Foods Inc.(TSN)
Advisors’ Opinion:
- [By Lisa Levin] Companies Reporting Before The Bell
Tyson Foods, Inc. (NYSE: TSN) is projected to report quarterly earnings at $1.32 per share on revenue of $9.89 billion.
Sysco Corporation (NYSE: SYY) is estimated to report quarterly earnings at $0.64 per share on revenue of $14.34 billion.
Louisiana-Pacific Corporation (NYSE: LPX) is expected to report quarterly earnings at $0.67 per share on revenue of $692.63 million.
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is estimated to report quarterly earnings at $1.06 per share on revenue of 3.90 billion.
Manchester United plc (NYSE: MANU) is estimated to report quarterly loss at $1.35 per share on revenue of $193.67 million.
Sempra Energy (NYSE: SRE) is expected to report quarterly earnings at $1.66 per share on revenue of $3.24 billion.
Willis Towers Watson Public Limited Company (NYSE: WLTW) is projected to report quarterly earnings at $3.01 per share on revenue of $2.23 billion.
Green Plains Inc. (NASDAQ: GPRE) is estimated to report quarterly loss at $0.28 per share on revenue of $922.42 million.
TravelCenters of America LLC (NASDAQ: TA) is projected to report quarterly loss at $0.16 per share on revenue of $1.59 billion.
Gannett Co., Inc. (NYSE: GCI) is expected to report quarterly earnings at $0.03 per share on revenue of $723.93 million.
Welbilt, Inc. (NYSE: WBT) is estimated to report quarterly earnings at $0.11 per share on revenue of $329.71 million.
Horizon Pharma Public Limited Company (NASDAQ: HZNP) is projected to report quarterly earnings at $0.07 per share on revenue of $234.17 million.
- [By Garrett Baldwin]
Oil prices are at levels we haven’t seen in years. U.S. crude topped $70 for the first since 2014, as U.S. President Donald Trump appeared increasingly likely to pull out of the Iran nuclear deal and reinforce sanctions on Tehran. In addition, OPEC has announced plans to bolster prices and cap production. For oil investors, Money MorningGlobal Energy Strategist Dr. Kent Moors says it’s time to buckle up. According to Moors, revoking the Iran deal would cause “price chaos” around the globe. And that’s right as driving season starts in the United States. Here’s more on the coming chaos for oil. In deal news, Blackstone Group (NYSE: BX) announced it will purchase Gramercy Property Trust (NYSE: GPT) for $7.6 billion in cash. Grammercy manages commercial real estate. While this may seem like a boring deal, Blackstone is buying a business that churns out cold hard cash for its investors. We want to keep this deal on your radar, because there are many other deals like this coming down the pipeline. We’re going to be discussing one of the best real estate opportunities available very soon – so keep an eye out for updates.
Three Stocks to Watch Today: AMZN, AAPL, TSN, SBUX
Shareholders of Amazon.com Inc. (Nasdaq: AMZN) cheered statements made by Warren Buffett over the weekend. The Oracle of Omaha said he messed up by not investing in Amazon and Alphabet Inc. (Nasdaq: GOOGL). “I made the wrong decisions on Google and Amazon,” Buffett said on Saturday. “We’ve looked at it. I made the mistake in not being able to come to a conclusion where I really felt that at the present prices that the prospects were far better than the prices indicated.” Buffett says he now has a “very, very, very high opinion” of Amazon CEO Jeff Bezos. The Oracle believes that Bezos has created something that is “close to a miracle.” Apple Inc. (Nasdaq: AAPL) added another 0.6% Monday, to reach $185.00 per share – a new 52-week high. The uptick came after Warren Buffett announced - [By ]
Tyson Foods (TSN) CEO Tom Hayes wasn’t kidding when he told TheStreet he wanted to make another big acquisition soon.
But the argument could be made that Wall Street wasn’t expecting his latest food purchase. On Tuesday, Tyson Foods said it will spend $850 million to buy the poultry rendering and blending assets of American Proteins, Inc. and AMPRO Products, Inc.
- [By ]
Pilgrim’s Pride (PPC) : “There are so many things wrong with this one. I’d go with Tyson Foods (TSN) .”
JB Hunt Transport Services (JBHT) : “I’m sticking with it.”
Hot Gold Stocks To Invest In Right Now: Highwoods Properties, Inc.(HIW)
Advisors’ Opinion:
- [By Shane Hupp]
Daiwa Securities Group Inc. trimmed its holdings in Highwoods Properties, Inc. (NYSE:HIW) by 98.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,100 shares of the real estate investment trust’s stock after selling 1,987,006 shares during the period. Daiwa Securities Group Inc.’s holdings in Highwoods Properties were worth $925,000 as of its most recent SEC filing.
Hot Gold Stocks To Invest In Right Now: NextEra Energy, Inc.(NEE)
Advisors’ Opinion:
- [By Logan Wallace]
FDx Advisors Inc. boosted its stake in NextEra Energy (NYSE:NEE) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,657 shares of the utilities provider’s stock after acquiring an additional 842 shares during the quarter. FDx Advisors Inc.’s holdings in NextEra Energy were worth $3,864,000 as of its most recent SEC filing.
- [By Shane Hupp]
US Bancorp DE lessened its position in shares of NextEra Energy (NYSE:NEE) by 3.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 547,192 shares of the utilities provider’s stock after selling 18,808 shares during the period. US Bancorp DE owned about 0.12% of NextEra Energy worth $89,372,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Pendal Group Ltd grew its stake in shares of NextEra Energy (NYSE:NEE) by 3.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 682,686 shares of the utilities provider’s stock after buying an additional 21,713 shares during the quarter. NextEra Energy accounts for approximately 1.4% of Pendal Group Ltd’s portfolio, making the stock its 20th biggest position. Pendal Group Ltd’s holdings in NextEra Energy were worth $111,503,000 as of its most recent SEC filing.
- [By Matthew DiLallo]
The company has increased that payout at a fast pace over the years, including 15% in 2017. NextEra Energy Partners expects that to continue in those to come, with it currently planning to grow the dividend at a 12% to 15% annual pace through 2022. Powering that growth will be a combination of acquisitions both from its parent companyNextEra Energy (NYSE:NEE) and third parties, as well as organic expansion projects. Although, drop-down transactions from NextEra Energy’s vast portfolio of renewable assets alone can easily support the company’s growth forecast. Because of that, investors have the opportunity to earn total annual returns in the 16% to 19% range when adding the distribution growth rate to the current yield. That outlook positions NextEra Energy Partners to continue delivering market-beating returns, which is something it has done since NextEra took it public in 2014.
- [By Maxx Chatsko]
After dropping a cumulative $23.6 billion on wind power-generating assets over the years, NextEra Energy (NYSE:NEE) is the undisputed king of low-carbon utilities. It’s the largest owner of wind capacity in North America, making up roughly 16% of America’s total with 14 GW installed. That number could jump as much as 4.1 GW by the end of this year depending on project completion dates.
- [By Reuben Gregg Brewer, Rich Smith, and Sean Williams]
If you’ve entered your retirement years, then your investment goals have likely shifted from wealth accumulation to living off the wealth you have created. That, in turn, likely means you’re looking for a mix of dividend income and safety. Here are these Motley Fool investors’ choices of three high-yield stocks that offer just that, by providing customers with services they simply can’t live without: AT&T Inc. (NYSE:T), NextEra Energy Inc. (NYSE:NEE), and Duke Energy Corporation (NYSE:DUK).
