As strong as the economy is in many ways after our nine-year-long expansion, there are still plenty of hazards out there that can hammer good companies, and in thisMarketFoolery podcast, host Chris Hill and Motley Fool senior analyst Jeff Fischer discuss a number of them. First off, they tackle the troubles faced by iconic U.S. motorcycle manufacturer Harley-Davidson (NYSE:HOG): trade wars and the tweeted ire of President Trump.
Next, they weigh in on the major moves General Electric (NYSE:GE) is making to get out from under its long-standing problem of having grown too unwieldy to be well-managed. And finally, they look to Starbucks (NASDAQ:SBUX), which is closing underperforming stores and adjusting its growth plan to better match demand — choices that, while natural, have somewhat spooked the market.
A full transcript follows the video.
This video was recorded on June 26, 2018.
Chris Hill:It’sTuesday, June 26th. Welcome to Market Foolery!I’m Chris Hill, and thankfully, I’m joined in studio by Jeff Fischer.
Hot Performing Stocks For 2019: J.M. Smucker Company (SJM)
Advisors’ Opinion:
- [By Demitrios Kalogeropoulos]
The selling environment has been tough in recent years for most packaged foods companies, and J.M. Smucker’s(NYSE:SJM) latest operating results showed it isn’t immune to the wider challenges its segment faces. On Thursday, the owner of Jif, Crisco, and other popular consumer brands posted flat sales to end its fiscal 2018, with profits coming in below management’s targets.
- [By Chris Hill]
Hill:Nice. We haveretail earnings, we have chip earnings. We have a very interesting letter from Warren Buffett and Jamie Dimon, and we’re going to get to all those. Let’s start, though, withconsumer goods. [sighs] You can hear the resignation in my voice. J.M. Smucker (NYSE:SJM), fourth quarter profits and revenue came in lower than expected. Their guidance for the new fiscal year was weak. Thestock is down about 5%. This wholeindustry is in the doghouse right now. Consumer goods is just the worst right now.
- [By Asit Sharma]
J.M. Smucker (NYSE:SJM) closed out the fourth quarter of fiscal year 2018 in rather flat fashion, as a bird’s-eye view of revenue, pulled from the company’s earnings report issued Thursday morning, suggests:
- [By Stephan Byrd]
Traders purchased shares of The J.M. Smucker Company (NYSE:SJM) on weakness during trading on Thursday. $66.56 million flowed into the stock on the tick-up and $32.86 million flowed out of the stock on the tick-down, for a money net flow of $33.70 million into the stock. Of all stocks tracked, The J.M. Smucker had the 28th highest net in-flow for the day. The J.M. Smucker traded down ($3.14) for the day and closed at $117.04
- [By Ethan Ryder]
J M Smucker (NYSE:SJM) had its price target hoisted by Credit Suisse Group from $90.00 to $95.00 in a research note issued to investors on Wednesday morning. Credit Suisse Group currently has an underperform rating on the stock.
- [By Max Byerly]
J M Smucker (NYSE:SJM) posted its quarterly earnings data on Thursday. The company reported $1.93 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.18 by ($0.25), Bloomberg Earnings reports. The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.80 billion. J M Smucker had a net margin of 18.19% and a return on equity of 12.20%. J M Smucker’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $1.80 EPS. J M Smucker updated its FY19 guidance to $8.40-8.65 EPS.
Hot Performing Stocks For 2019: Versum Materials, Inc. (VSM)
Advisors’ Opinion:
- [By Logan Wallace]
Barrow Hanley Mewhinney & Strauss LLC lowered its stake in Versum Materials (NYSE:VSM) by 0.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,309,010 shares of the basic materials company’s stock after selling 19,336 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 0.06% of Versum Materials worth $237,408,000 at the end of the most recent quarter.
- [By Max Byerly]
Penn Capital Management Co. Inc. reduced its stake in shares of Versum Materials (NYSE:VSM) by 5.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,960 shares of the basic materials company’s stock after selling 15,004 shares during the quarter. Penn Capital Management Co. Inc. owned about 0.23% of Versum Materials worth $9,571,000 at the end of the most recent quarter.
- [By Logan Wallace]
News headlines about Versum Materials (NYSE:VSM) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Versum Materials earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 46.4354866491979 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Hot Performing Stocks For 2019: Oshkosh Corporation(OSK)
Advisors’ Opinion:
- [By Lisa Levin] Companies Reporting Before The Bell
General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion.
Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion.
United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion.
Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion.
ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion.
PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion.
American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion.
Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion.
Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion.
Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion.
D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion.
The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion.
Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion.
Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion.
Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion.
Oshkosh Corporation (NYSE: OSK) is projected to report quarter - [By Shane Hupp]
Osisko Mining (TSE:OSK) Director Robert Wares purchased 10,000 shares of Osisko Mining stock in a transaction that occurred on Tuesday, May 15th. The shares were bought at an average price of C$2.06 per share, with a total value of C$20,600.00.
- [By Ethan Ryder]
Osisko Mining Inc (TSE:OSK) Director John Feliks Burzynski acquired 5,000 shares of the firm’s stock in a transaction dated Monday, June 11th. The stock was purchased at an average cost of C$2.08 per share, with a total value of C$10,400.00.
- [By Ethan Ryder]
Penn Capital Management Co. Inc. increased its position in shares of Oshkosh Co. (NYSE:OSK) by 23.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,497 shares of the company’s stock after buying an additional 13,533 shares during the quarter. Penn Capital Management Co. Inc. owned about 0.10% of Oshkosh worth $5,693,000 as of its most recent SEC filing.
Hot Performing Stocks For 2019: Telecom Argentina Stet – France Telecom S.A.(TEO)
Advisors’ Opinion:
- [By Lisa Levin]
Friday morning, the telecommunication services shares rose 0.75 percent. Meanwhile, top gainers in the sector included Telecom Argentina S.A. (NYSE: TEO), up 6 percent, and pdvWireless, Inc. (NASDAQ: PDVW) up 4 percent.
- [By Steve Symington]
But several individual companies couldn’t keep up. Read on to learn why Under Armour (NYSE:UA) (NYSE:UAA), Telecom Argentina (NYSE:TEO), and Synnex (NYSE:SNX) underperformed the market today.
- [By Joseph Griffin]
Telecom Argentina (NYSE:TEO) has been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $38.00.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Telecom Argentina (TEO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Shares of Telecom Argentina SA (NYSE:TEO) hit a new 52-week low on Wednesday . The company traded as low as $19.62 and last traded at $19.86, with a volume of 47276 shares. The stock had previously closed at $20.61.
- [By Joseph Griffin]
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Get Telecom Argentina alerts:
Cablevisi贸n Holding Announces First Quarter 2018 Results (finance.yahoo.com) Zacks: Analysts Anticipate Telecom Argentina (TEO) Will Post Earnings of $0.39 Per Share (americanbankingnews.com) Telecom Argentina posts double-digit gains in Q1 (seekingalpha.com) Telecom Argentina S.A. announces consolidated first quarter results for fiscal year 2018 (‘1Q18’)* (finance.yahoo.com)
Shares of Telecom Argentina opened at $23.57 on Wednesday, Marketbeat Ratings reports. The company has a market cap of $4.30 billion, a P/E ratio of 9.86, a price-to-earnings-growth ratio of 2.31 and a beta of 1.12. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.75 and a current ratio of 0.83. Telecom Argentina has a 52-week low of $21.38 and a 52-week high of $23.56.
Hot Performing Stocks For 2019: Nuveen Preferred Income Opportunites Fund(JPC)
Advisors’ Opinion:
- [By Ethan Ryder]
News headlines about Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) have trended positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nuveen Preferred & Income Oprtnts Fnd earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 48.1302177844966 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Hot Performing Stocks For 2019: Capital Senior Living Corporation(CSU)
Advisors’ Opinion:
- [By Max Byerly]
State of New Jersey Common Pension Fund D lessened its stake in shares of Capital Senior Living (NYSE:CSU) by 5.3% in the first quarter, Holdings Channel reports. The institutional investor owned 180,000 shares of the company’s stock after selling 10,000 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Capital Senior Living were worth $1,935,000 as of its most recent filing with the SEC.
- [By Stephan Byrd]
Media stories about Capital Senior Living (NYSE:CSU) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Capital Senior Living earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.062391046142 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
