What happened?
In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of an ill-timed oil investment.
So what?
Shortly before oil prices started to fall in mid-2014, Freeport took on a heavy debt load to buy Plains Exploration & Production Company and McMoRan Exploration Co. Debt went from $3.5 billion to roughly $20 billion in a single year. That poorly timed move — in hindsight, anyway — proved to be a huge drag on the company’s shares…until 2016. Indeed, last year, Freeport started to make important headway trimming debt and selling non-core assets, importantly including pieces of its oil business.
Image source: Freeport-McMoRan Inc.
Hot Gold Stocks To Watch For 2018: RenaissanceRe Holdings Ltd.(RNR)
Advisors’ Opinion:
- [By WWW.MONEYSHOW.COM]
RenaissanceRe Holdings (RNR) is a global provider of reinsurance, as well as various types of insurance and related services. The company was founded in 1993 and is headquartered in Bermuda, notes Jack Adamo, editor of Insiders Plus.
Hot Gold Stocks To Watch For 2018: WD-40 Company(WDFC)
Advisors’ Opinion:
- [By Monica Gerson]
WD-40 Company (NASDAQ: WDFC) reported better-than-expected earnings for its second quarter, but the company missed analysts’ sales estimates. WD-40 shares fell 0.97 percent to $106.00 in the after-hours trading session.
- [By Monica Gerson]
WD-40 Company (NASDAQ: WDFC) is projected to post its quarterly earnings at $0.86 per share on revenue of $99.10 million.
Hooker Furniture Corporation (NASDAQ: HOFT) is estimated to report its quarterly earnings at $0.40 per share on revenue of $62.20 million.
Hot Gold Stocks To Watch For 2018: T2 Biosystems, Inc.(TTOO)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of T2 Biosystems Inc (NASDAQ: TTOO) were down 29 percent to $5.41. T2 Biosystems extended timeline for the completion of the T2Bacteria trial. BTIG downgraded the rating on T2 Biosystems from Buy to Sell, while lowering the price target from $12 to $4.
- [By Lisa Levin]
T2 Biosystems Inc (NASDAQ: TTOO) shares were also up, gaining 15 percent to $7.48 after the company disclosed a $40 million equity investment by partner Canon U.S.A.
Hot Gold Stocks To Watch For 2018: Take-Two Interactive Software, Inc.(TTWO)
Advisors’ Opinion:
- [By Lee Jackson]
Take-Two Interactive Software Inc. (NASDAQ: TTWO) saw the CFO at the video gaming company shedding shares this past week. Lainie Goldstein sold 56,167 shares at prices that ranged from $49.27 to $50.01. The total for the sale was posted at $3 million. The stocktraded on Friday at $47.90, so a well-timed sale indeed.
- [By Emily Stewart]
Paulson purchased one million shares of Take-Two Interactive Software (TTWO) last quarter. As of the end of the period, the stake is worth $37.9 million.
Take-Two Interactive is a developer, marketer and publisher of interactive entertainment for consumers around the globe. The company develops and publishes products through its two wholly owned labels: Rockstar Games and 2K. It has a $3.6 billion market cap and trades at a P/E of 165.16.
- [By ]
Take-Two Interactive Software (Nasdaq: TTWO) is one of the world’s largest video game publishers on consoles (Xbox and PlayStation), PCs, smartphones and tablets. The firm’s two most popular products are Grand Theft Auto and NBA 2K, but it also has other popular games such as Civilization, Borderlands and Bioshock.
- [By John Ballard]
But now we are starting to see game publishers step up with that commitment. Two important new leagues to watch are Activision Blizzard’s (NASDAQ:ATVI) Overwatch League and Take-Two Interactive Software’s (NASDAQ:TTWO)NBA 2K eLeague. Activision Blizzard will soon start selling teams for Overwatch League to prospective owners this year, and the NBA and Take-Two just announced the formation of its own professional e-sports league based on the best-selling NBA 2K franchise.
- [By Danny Vena]
With that much revenue at stake, what are the best gaming stocks for investors in 2017? Several companies have exhibited impressive performance over the past several years, and that trend is likely to continue. Top choices in the space includeActivision Blizzard, Inc. (NASDAQ:ATVI), Electronic Arts Inc. (NASDAQ:EA), and Take-Two Interactive (NASDAQ:TTWO).
Hot Gold Stocks To Watch For 2018: T. Rowe Price Group, Inc.(TROW)
Advisors’ Opinion:
- [By Arie Goren]
On November 5, Oracle (NYSE:ORCL)confirmed that it has finally completed the acquisition of Netsuite (NYSE:N) for $9.3 billion in cash, or $109 per share that the company had initially offered. In my previous article about Oracle, I had suggested that the acquisition of NetSuite, the cloud business application software company, is a smart move by Oracle. What’s more, it is not paying an excessive price for the deal. In fact, Oracle insisted that it will not pay more than what it had first offered despite the resistance from T Rowe Price (NSDQ:TROW)which demanded $133 per share.
- [By Jack Delaney]
Some of the most well-known dividend aristocrats include:
Exxon Mobil Corp. (NYSE: XOM) pays a dividend of $0.77, which is a yield of 3.75%. Aflac Inc. (NYSE: AFL) pays a dividend of $0.43, which is a yield of 2.32%. AT&T Inc. (NYSE: T) pays a dividend of $0.49, which is a yield of 5.12%. T-Rowe Price Group Inc. (Nasdaq: TROW) pays a dividend of $0.57, which is a yield of 3.27%. Clorox Co. (NYSE: CLX) pays a dividend of $0.84, which is a yield of 2.50%.
If you just kept the dividends, your investment would be worth $11,147. That’s a difference of only $25. So it may not seem like a big deal at first glance.
Hot Gold Stocks To Watch For 2018: NutriSystem Inc(NTRI)
Advisors’ Opinion:
- [By Peter Graham]
Although obesity is widespread, small cap dieting stocks havetended to causeinvestor portfolios to loose weight. A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) stillbelow or at breakeven for longer term investors whileMedifast Inc (NYSE: MED)has performed better and NutriSystem Inc (NASDAQ: NTRI) hasfinally begun to take offearly last year:
- [By Peter Graham]
A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) still underperforming whileNutriSystem Inc (NASDAQ: NTRI) and Medifast Inc (NYSE: MED) began taking off early last year:
- [By Lisa Levin]
NutriSystem Inc. (NASDAQ: NTRI) shares were also up, gaining 20 percent to $46.95 as the company reported better-than-expected Q4 results and issued a strong outlook.
