Hot Warren Buffett Stocks To Watch Right Now

The main event on the earnings calendar right now is Amazon’s report, due out after the bell on Thursday. I’m watching several key components of its report.

The revelation that the company now has 100 million Amazon Prime members globally was a huge boost for the stock last week, but traders will now want to know how Amazon Web Services is performing.

The platform is indeed the dominant cloud provider; the critical question for investors to consider will be whether it has enough pricing power to absorb the increase in labor costs related to addressing security flaw vulnerabilities.

It was reported earlier this month that Netflix was testing the waters in moving to the Google cloud from AWS. This could certainly be a factor to consider if AWS growth slows.

Additionally, any comments related to possible repricing of its contract with the U.S. Postal Service could also rattle the market.

At this point, as Amazon’s stock is up 60 percent in the last year and trading above $1,450 per share, it’s certainly priced for perfection. Any small miss would no doubt cause a fast, furious sell-off.

But I’m of the belief that Amazon is the blue chip of the 21st century, as close to a Warren Buffett “moat” as we are likely to get, so any sharp dip would be a buying opportunity.

Hot Warren Buffett Stocks To Watch Right Now: Innodata Inc.(INOD)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Media coverage about Innodata (NASDAQ:INOD) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innodata earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.3485759085159 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

  • [By Logan Wallace]

    Luzich Partners LLC lifted its stake in shares of Innodata Inc (NASDAQ:INOD) by 4.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,316,550 shares of the technology company’s stock after acquiring an additional 61,944 shares during the period. Innodata accounts for approximately 1.5% of Luzich Partners LLC’s portfolio, making the stock its 12th biggest position. Luzich Partners LLC owned about 5.09% of Innodata worth $1,514,000 at the end of the most recent reporting period.

  • [By Stephan Byrd]

    Innodata (NASDAQ:INOD) will be releasing its Q1 2018 earnings data before the market opens on Tuesday, May 8th.

    Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, March 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $15.66 million for the quarter. Innodata had a negative return on equity of 10.94% and a negative net margin of 8.30%.

Hot Warren Buffett Stocks To Watch Right Now: Trinity Place Holdings Inc.(TPHS)

Advisors’ Opinion:

  • [By Shane Hupp]

    Trinity Place Holdings Inc (NYSEAMERICAN:TPHS) insider Mfp Partners Lp purchased 2,500 shares of the business’s stock in a transaction dated Monday, August 20th. The shares were acquired at an average price of $6.21 per share, for a total transaction of $15,525.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

  • [By Shane Hupp]

    Trinity Place Holdings (NYSEAMERICAN:TPHS) major shareholder Marcato Capital Management Lp sold 9,104 shares of Trinity Place stock in a transaction dated Friday, May 11th. The shares were sold at an average price of $7.02, for a total value of $63,910.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Hot Warren Buffett Stocks To Watch Right Now: Corrections Corporation of America(CXW)

Advisors’ Opinion:

  • [By Keith Speights]

    My second question is a tougher one: What’s the best investing strategy if the president does support U.S. marijuana law reform and the legislation passes? One idea is to bet against prison stocks like CoreCivic (NYSE:CXW) and GEO Group (NYSE:GEO). After researching this strategy, though, my conclusion is that this is an especially bad idea. Here’s why.

  • [By Shane Hupp]

    Riverhead Capital Management LLC lifted its position in CoreCivic (NYSE:CXW) by 58.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 126,204 shares of the real estate investment trust’s stock after buying an additional 46,740 shares during the period. Riverhead Capital Management LLC owned approximately 0.11% of CoreCivic worth $2,464,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    Corecivic (NYSE:CXW) issued an update on its FY 2019 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.36-2.44 for the period. Corecivic also updated its Q1 2019 guidance to $0.58-0.60 EPS.

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