stock market timings

Is Wal-Mart Stores (WMT) regaining its dominance in the brick-and-mortar retail world?

Telsey Advisory Group analysts Joseph Feldman, Cristina Fernandez and Sarang Vora upgraded the big box retail titan from a markettperform to an outperform, arguing that improving sales growth over the past few quarters shows that the company is regaining its dominance in physical retail and exerting new prowess in digital commerce.

The trio raised the price target from $73 a share to $82 a share. That suggests a 13% upside for the stock. Wal-Mart shares have climbed 2% in recent market action.

In fact, Feldman et al listed four reasons for the upgrade:

The companys multiyear investment in e-commerce is paying off, as illustrated with strong online growth in the fourth quarter. Telseys analysts see online sales at better than $24 billion by 2018 vs $16 billion last year. Wal-Marts increased focus on grocery is helping gain customers and drive repeated traffic The company has been reinvesting in prices and plans to accelerate that effort this year and in 2018. These efforts help against emerging rivals The investment phase in SG&S should level out and the SG&A expense ratio should leverage slightly in 2H17 thanks to pride investment and higher sales.

At 72.79, Wal-Mart’s stock price has climbed almost 7% over the past year, compared to a 16% gain by the S&P 500.

stock market timings: Atkore International Group Inc. (ATKR)

Advisors’ Opinion:

  • [By Spencer Israel]

    3. Atkor International Group Inc (NYSE: ATKR) – Five of the six analyst ratings on the manufacturing holding company have been bullish. With the stock showing very strong technical support at $16, and currently trading at $16.68, Stockal's confidence meter is at 90%. 

  • [By Ben Levisohn]

    Flexing the barbell strategy to balance Safe Havens with more cyclical exposures. In our view, industrials investors should be positioning their portfolio with a barbell strategy, with half of the exposure in Safe Havens like General Electric, Xylem (XYL), Danaher, Honeywell International, Roper Technologies (ROP), and AMETEK (AME), and the other half selectively in the cyclical names that are better positioned today, such as Pentair, HD Supply Holdings (HDS),Actuant (ATU), Atkore International Group (ATKR), Ingersoll-Rand, and Eaton (ETN). We still believe risk-reward is mostly balanced and that the macro will remain choppy into 2017, supporting a positioning in the defensive names. But if investor sentiment improves on not-worse news and earnings results, the more cyclical names could fare better.

stock market timings: First Trust NASDAQ-100- Technology Index Fund(QTEC)

Advisors’ Opinion:

  • [By Zacks]

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stock market timings: Synutra International, Inc.(SYUT)

Advisors’ Opinion:

  • [By Lisa Levin]

    Synutra International, Inc. (NASDAQ: SYUT) shares were also up, gaining 17 percent to $5.28 after the company disclosed that it has entered into a definitive merger agreement for "going private" transaction.

stock market timings: Peregrine Pharmaceuticals Inc.(PPHM)

Advisors’ Opinion:

  • [By Alex McGuire]

    Here’s a list of the top 10 penny stocks to watch in March, which includes the biggest gainers last month…

    Penny StockCurrent Stock PriceFebruary 2017 ReturnZosano Pharma Corp. (Nasdaq: ZSAN)$2.56+123.3%Bellerophon Therapeutics Inc. (Nasdaq: BLPH)$1.25+113.8%Peregrine Pharmaceuticals (Nasdaq: PPHM)$0.59+101.7%Galectin Therapeutics Inc. (Nasdaq: GALT)$1.79+91.9%Bioanalytical Systems Inc. (Nasdaq: BASI)$1.58+90.6%CymaBay Therapeutics Inc. (Nasdaq: CBAY)$3.50+89.8%Vermillion Inc. (Nasdaq: VRML)$2.56+86.3%Naked Brand Group Inc.(Nasdaq:NAKD)$2.16+76%Eyegate Pharmaceuticals Inc. (Nasdaq: EYEG)$2.63+73.9%Benitec Biopharma Ltd. (Nasdaq ADR: BNTC)$2.60+59.9%

    The best-performing penny stock – Zosano Pharma Corp. – soared an incredible 123.3% from Feb. 1 to Feb. 28. To put those gains into perspective, that’s more than five times the S&P 500’s 23% climb in the last 12 months.

  • [By Lisa Levin]

    Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) shares dropped 20 percent to $4.30 after the company reported a Q2 loss of $12.6 million on revenue of $12.8 million.

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