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JetBlue Is Ready For Takeoff

I recently started adding airline stocks to my portfolio. So far I only own the French/Dutch Air France – KLM (OTCPK:AFLYY) airline in my European stock portfolio but I am eager to add stocks in this interesting industry. That’s why I am going to discuss a stock I recently put on my watchlist in this article: JetBlue (JBLU)



Source: Wikipedia Commons

Macro Says Yes

In a recent article, I discussed the outlook of the US economy. One of the things that stood out was the strong performance of shipments which indicates strong sentiment among transportation companies. These tend to be a very good leading indicator of transportation stocks in general.


Shipments sentiment is currently at levels not seen since 2005 while the official ISM manufacturing index is hovering at its highest levels since the GFC recovery.


The fact that the year-on-year returns of transportation stocks seem to lag compared to the strong sentiment of shipments is the result of a mature stage in the business cycle. It is highly unlikely that transportation stocks are going to be up over 50% on average as the indicator would indicate at this point. However, this does not mean that the indicator is broken. The average transportation stock is set to gain further ground in the early months of 2018. This means that the average transportation stock is an interesting portfolio holding as I discussed in recent articles like this one about Norfolk Southern (NYSE:NSC).

RPKs Seem To Agree

The International Air Transport Association seems to agree with my bull case. Mainly because they compare the leading global composite PMI to real revenue paying kilometers which is a perfect coincident indicator to track air traffic output.


That being said we see that RPKs are growing close to 8% which is a value that is common during times of above-average economic acceleration. We are seeing it now and we saw it in 2013 and after the GFC.

Given that JetBlue is a regional player instead of a global airline it is important to dig a bit deeper. What we see in the graph below is that North America is heavily being outperformed by every single region. This of course is not the most bullish thing on earth but it is also not a warning sign. The US has by far the most mature market and emerging markets in particular tend to outperform the US in times of strong economic growth.


The US market can be seen below. It has by far the biggest market share and is even bigger than China and Europe while growth rates are only outperforming the domestic markets in Brazil and Australia.

Hurricane Irma Is Still Doing Damage To Traffic Numbers

JetBlue is one of the regional airlines that was hit hard by Irma during the hurricane season. The airline is very active in the Florida and Caribbean region, so more than 2,500 of its flights were canceled and operating income came in $30 million lower in the third quarter. Fourth quarter operating income is expected to be $50-$70 million lower due to ongoing problems in these regions.


Source: JetBlue

That’s also the main reason why JetBlue is seeing a rather severe revenue passenger decline. Revenue passenger growth on a three month basis is dangerously close to 0% following the plummet of its numbers during hurricane season.


Source: Author’s Spreadsheets (Raw Data: JetBlue)

These numbers are much lower than Southwest’s (NYSE:LUV) 6.5% growth in November and Alaska Air’s (NYSE:ALK) 5.4% increase in October.

I believe that we are going to see much higher growth rates in 2018 when business goes back to normal.

A Business Model In Mint Condition

JetBlue is currently expanding a new service that is making a big difference in the airline business. The so called ‘mint service’ focuses on enhanced customer comfort in every stage of the flight from an easy check-in to early boarding, comfortable seats and free Wi-Fi to having the first bag at the carousel.


Source: JetBlue

This service is only available on coast-to-coast flights from major airports and has already shown 60% Y/Y growth in the third quarter of this year. Additionally the airline is expanding on the service in Boston which should see more than 200 take-offs a day over the next few years. Fort Lauderdale will see up to 140 departures per day over the same time period.

Chart
JBLU data by YCharts

This is likely going to continue JetBlue’s growing revenue trend which did not even get a major hit during the GFC. It seems that $2 billion in sales is likely in 2018. That is going to push earnings much higher under the current cost cutting program which contains cutting ties with expensive online travel agencies and will save the company up to $300 million until 2020.

Earnings Growth Will Continue

In 2018, analysts expect earnings to surge about 7.5% to $1.89 per share. This would be a big relief after a year that saw the highest flight delay rate since 2007 due to hurricanes.

All earnings revisions were made on the upside with 5 revisions for the fourth quarter of 2017, one for the first quarter of 2018 and two for the fourth quarter of 2018.


Source: Nasdaq

The interesting thing is that analysts were done downgrading 2018 earnings in the fourth quarter of 2017 when analysts started to upgrade their highest eps predictions to $2.35 per share.


Source: 4-Traders

This puts JetBlue’s valuation at roughly 11 times next year’s earnings which is fairly cheap given its potential going into 2018.

Takeaways & One Last Graph

JetBlue is desperately trying to break out of a downtrend that started in 2015. 2016 already saw a strong uptrend which was abruptly ended during 2017’s hurricane season. At this point we are once again back at a make-or-break point.


I do not know if we are going to break out immediately. What I do know, or at least expect after doing my homework, is that we will see a breakout in the first quarter of 2018. The company is in a very favorable business environment that will improve the company’s profitability despite higher input prices like the price of crude oil. Revenue passenger numbers are set to increase again and the expansion of its successful Mint program will further enhance customer value and margins on coast-to-coast flights.

I think this stock is set to be a very strong performer in the first months of 2018 and I am likely to add this one to my existing airline play.

On a side note: please let me know your experiences with this company and its Mint program. It would be nice to see a few real-life experiences besides analyst expectations.

Stay tuned!

Thank you for reading my article. Please let me know what you think of my thesis. Your input is highly appreciated!

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in JBLU over the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article serves the sole purpose of adding value to the research process. Always take care of your own risk management and asset allocation.

About this article:ExpandAuthor payment: $35 + $0.01/page view. Authors of PRO articles receive a minimum guaranteed payment of $150-500.Tagged: Investing Ideas, Long Ideas, Services, Regional AirlinesWant to share your opinion on this article? Add a comment.Disagree with this article? Submit your own.To report a factual error in this article, click here

learn about stock market

Thursday’s Federal Communications Commission (FCC) vote repealing the agency’s 2015 Net Neutrality regulations were roundly condemned by any number of technology firms and consumer rights organizations. There were, however, some organizations that supported the repeal and have issued statements to that effect.

One such group is the Consumer Choice Center, based in Arlington, Virginia. The group claims in its mission statement that consumer choice is “pivotal for economic freedom and lifestyle decisions.” More regulation, it goes on, “leads to less consumer choice and usually higher costs.”

The group’s deputy director, Yael Ossowski, wrote in a statement:

Many observers conflated the net neutrality regulations as somehow the only safeguards for a free and open Internet and providers for universal broadband access. But that just isn’t true. Before 2015, innovation was a hallmark of the Internet. It was the purest form of the free market at work, allowing for the creation of thousands of online companies and services billions of us enjoy today. Allowing entrepreneurs to unleash products and services without burdensome regulations that only favor large companies and investors will be good for Internet consumers.

learn about stock market: Canadian Solar Inc.(CSIQ)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Canadian Solar Inc. (NASDAQ: CSIQ) were down around 11 percent to $12.10 after the company posted downbeat quarterly earnings and issued a weak forecast.

  • [By Lisa Levin] Related LOV Match Group And Spark Networks: A Valentine's Day Case Study 20 Biggest Mid-Day Losers For Thursday
    Related VKTX 15 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Losers For Wednesday Companies Reporting Before The Bell
    Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
    General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
    Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
    Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
    Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
    Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
    Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
    Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
    Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.

     

  • [By Chris Lange]

    Canadian Solar Inc. (NASDAQ: CSIQ) is set to report its fourth-quarter results on Tuesday morning. The analysts consensus estimates call for earnings per share (EPS) of $0.32 and $690.27 million in revenue. Shares closed trading at $13.74 on Friday. The consensus price target is $15.21, and the 52-week trading range is $10.25 to $21.35.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects General Mills, Inc. (NYSE: GIS) to report quarterly earnings at $0.71 per share on revenue of $3.84 billion before the opening bell. General Mills shares gained 0.51 percent to $60.57 in after-hours trading.
    Analysts expect FedEx Corporation (NYSE: FDX) to post quarterly earnings at $2.62 per share on revenue of $15.00 billion after the closing bell. FedEx shares gained 0.12 percent to $192.51 in after-hours trading.
    Before the markets open, Canadian Solar Inc. (NASDAQ: CSIQ) is projected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million. Canadian Solar shares fell 0.44 percent to $13.49 in after-hours trading.
    Analysts are expecting Nike Inc (NYSE: NKE) to have earned $0.53 per share on revenue of $8.47 billion in the latest quarter. Nike will release earnings after the markets close. Nike shares rose 0.14 percent to $58.76 in after-hours trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Wayne Duggan]

    Despite the potentially positive recent developments for solar investors, Johnson remains extremely bearish on solar stocks. Axiom maintains Sell ratings on the following U.S.-listed names:

    JA Solar Holdings Co. Ltd. (ADR) (NASDAQ: JASO) Yingli Green Energy Holding Co Ltd (ADR) (NYSE: YGE) Solaredge Technologies Inc (NASDAQ: SEDG) Canadian Solar Inc. (NASDAQ: CSIQ)

    Related Link: Politics Here And Abroad: Muted Market Volume Amid Comey’s Testimony And UK’s Election
    _______
    Image Credit: Screengrab from “Trump Makes Statement On Paris Accord” By The White House [Public domain], via Wikimedia Commons

learn about stock market: Altura Mining Limited (ALTAF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    The question now is more about speed of EV implementation. On the supply side, it has been great to see LAC, Pilbara Minerals (OTCPK:PILBF) and Altura Mining (OTCPK:ALTAF) get funding, but the continued issues with Albemarle’s (NYSE:ALB) LaNegra II expansion and Orocobre (OTCPK:OROCF) ramping up to Phase 1 capacity of 17,500 tonnes/year of lithium carbonate are further evidence that lithium projects take time and have considerable execution risk.

  • [By SEEKINGALPHA.COM]

    The other producing lithium miners, and soon to be producers. I have discussed these previously in detail here, here and here. Needless to say, the top 3 producers are non-pure plays (SQM (NYSE:SQM), Albemarle (NYSE:ALB), and FMC Corp. (NYSE:FMC)). The top pure play currently producing miners are Orocobre (ASX:ORE) (OTCPK:OROCF), Tianqi Lithium (SHE:002466), Jiangxi Ganfeng Lithium, Galaxy Resources, Mineral Resources [ASX:MIN] (OTC:MALRF), and Neometals [ASX:NMT] (OTC:RRSSF). The near-term producers include Altura Mining [ASX:AJM] (OTCPK:ALTAF), Pilbara Minerals (ASX:PLS) (OTC:PILBF), Kidman Resources (ASX:KDR), Critical Elements, Nemaska Lithium (OTCQX:NMKEF) [TSX:NMX], Lithium Americas (OTCQX:LACDF) [TSX:LAC], Lithium X (OTCQX:LIXXF) (TSXV:LIX), Neo Lithium, and Bacanora Minerals (OTC:BCRMF) [TSXV:BCN], Advantage Lithium (OTCQB:AVLIF) [AAL], European Metals (OTCPK:MNTCF, ASX:EMH, AIM:EMH) and Pure Energy (OTCQB:PEMIF) [PE].

learn about stock market: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Airlines like United Continental (UAL), Alaska Air Group (ALK) and JetBlue Airways (JBLU) have been so cheap for so long now, that making an argument for big gains based solely on valuation seems remarkably foolish. Thankfully, it’s not the only argument that Barclays analyst Brandon Oglenski make as they initiated the sector with a Positive rating, while calling United Continental the “most compelling stock” in the airlines sector. They explain why:

  • [By Adam Levine-Weinberg]

    It’s been clear from the beginning that Alaska Air’s (NYSE:ALK) acquisition of Virgin America was bad news for United Continental (NYSE:UAL). Alaska Air’s management viewed the deal as a springboard for growth in California — especially in the Bay Area. Meanwhile, United is the dominant airline in San Francisco.

  • [By Ben Levisohn]

    While the airline stocks have pulled back recently, coming off a choppy 1Q17, we have In-Line ratings on the Big 3 (American Airlines [AAL], Delta Air Lines [DAL] and United Continental [UAL]), as well as on Alaska Air Group (ALK)…

  • [By Adam Levine-Weinberg]

    Last year, a potential solution appeared when Alaska Air (NYSE:ALK) acquired Virgin America, which is the only other commercial airline at Love Field, whereas Alaska Airlines flies to nearby Dallas-Fort Worth International Airport (DFW). It seemed plausible that Alaska would consolidate its Dallas-area operations at DFW, the region’s main airport.

learn about stock market: ProShares Ultra Nasdaq Biotechnology(BIB)

Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, our Elite Opportunity Pronewsletter suggested theProShares Ultra Nasdaq Biotechnology ETF (NASDAQ: BIB) as a way to play long term biotech bullishness with a short term caveat:

learn about stock market: Sina Corporation(SINA)

Advisors’ Opinion:

  • [By Steve Symington]

    Shares ofSINA Corporation(NASDAQ:SINA)rose 25.8% in 2016,according to data from S&P Global Market Intelligence, following a pair of stronger-than-expected quarterly reports from the Chinese internet leader in the second half.

  • [By Shanthi Rexaline]

    SINA Corp (NASDAQ: SINA), which has a stake in Weibo, also tumbled.

    Weibo confirmed that the State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China or SAPPRFT has ordered local authorities to take measures to suspend audio and video services of some internet companies.

  • [By Ezra Schwarzbaum]

    It was quickly followed by two other Chinese social media sites: SINA Corp (NASDAQ: SINA) and Momo Inc (ADR) (NASDAQ: MOMO).

    Weibo Responds

    Weibo issued a press release later in the day saying it would cooperate with the State Administration of Press, Publication, Radio, Film and Television.

  • [By Leo Sun]

    Warren Buffett famously told investors to be “fearful when others are greedy, and greedy when others are fearful.” Dedicated followers of that mantra would probably dismiss Chinese online media giant SINA (NASDAQ:SINA) — which rallied 120% over the past 12 months to a six-year high — as a “greedy” play.

learn about stock market: Ritchie Bros. Auctioneers Incorporated(RBA)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    Raymond James has downgraded Ritchie Bros. Auctioneers Inc (USA) (NYSE: RBA) common stock to Market Perform

    Loop Capital's Betsy Van Hees sees storage, networking, and connectivity as the 3 reasons why Marvell Technology Group Ltd. (NASDAQ: MRVL) will return to top-Line growth. She reiterated her Buy rating and $18 price target. 

Best Safest Stocks To Invest In Right Now

Introduction

I have previously written some articles where I have tracked Tesla’s (NASDAQ:TSLA) construction and purchases of property, plant, and equipment (P,P & E), as well as Tesla’s payments for them. The reason Tesla does not have to pay for all its equipment up front was explained in the year end 2016 earnings letter. It stated, “… we continue to negotiate more favorable payment terms with our capital equipment suppliers, pushing some payments closer to the start of Model 3 production and some payments beyond the start of production.” It was further discussed in the associated conference call. I examined this issue in more detail in an article I wrote in June titled “A Capital Raise Could Be Around the Corner.”

I had estimated that Tesla owed about $1.2 bn. at December 31, 2016, for P,P, & E technically owned by them but not yet paid for, a balance which had increased to almost $2.2 bn. by June 30. I had calculated the $2.2 bn. figure by starting with my year end estimate of $1.2 bn. and adding to it to a figure provided at the bottom of the cash flow statement under Supplemental Non Cash Investing and Financing Activities: “Acquisition of property and equipment included in liabilities,” which was $1.02 bn. at June 30. Although Tesla makes substantial payments each quarter for P,P, & E, the company has been acquiring more than it has been paying for in most recent periods, so the unpaid balance has generally been trending up.

Best Safest Stocks To Invest In Right Now: Beazer Homes USA, Inc.(BZH)

Advisors’ Opinion:

  • [By Dan Caplinger]

    The stock market performed well on Tuesday, responding to steady improvement among many companies as earnings season kicked into high gear. Although political issues are likely to remain in the spotlight for some investors for the foreseeable future, many market participants are looking to economic and business issues in driving their investing decisions. Major market benchmarks finished the day with gains of 0.5% to 1%, but some stocks did much better. Among the best performers on the day were Allegheny Technologies (NYSE:ATI), II-VI (NASDAQ:IIVI), and Beazer Homes (NYSE:BZH). Below, we’ll look more closely at these stocks to tell you why they did so well.

Best Safest Stocks To Invest In Right Now: Whiting Petroleum Corporation(WLL)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    That sell-off in the oil market weighed on financially challenged oil stocks, which will struggle if crude continues dropping. Among the biggest losers were Abraxas Petroleum (NASDAQ:AXAS), Whiting Petroleum (NYSE:WLL), Denbury Resources (NYSE:DNR), California Resources (NYSE:CRC), and Cobalt International Energy (NYSE:CIE).

  • [By Paul Ausick]

    Whiting Petroleum Corp. (NYSE: WLL) dropped about 6.4% Wednesday to register a new 52-week low of $4.36 after closing at $4.66 on Tuesday. The 52-week high is $13.39. Volume was around 19 million, about 15% below the daily average. The company had no specific news.

  • [By Lisa Levin]

    In trading on Monday, energy shares were relative laggards, down on the day by about 0.67 percent. Meanwhile, top losers in the sector included Whiting Petroleum Corp (NYSE: WLL), down 5 percent, and Gulfport Energy Corporation (NASDAQ: GPOR) down 6 percent.

  • [By Lisa Levin]

    In trading on Wednesday, energy shares fell by 0.76 percent. Meanwhile, top losers in the sector included Whiting Petroleum Corp (NYSE: WLL), down 6 percent, and Zion Oil & Gas, Inc. (NASDAQ: ZN) down 7 percent.

  • [By Ben Levisohn]

    Whiting Petroleum (WLL) has gained 2.9% to $8.30 after reporting a smaller-than-expected loss.

    Weight Watchers International (WTW) has jumped 7.9% to $21.75 after hiring HSN’sMindy Grossman as its new CEO.

  • [By Chris Dier-Scalise]

    According to Yahoo Finance, this holds for Carrizo Oil & Gas, Inc. (NASDAQ: CRZO), which is showing 22.63 percent against the float, Whiting Petroleum Corporation (NYSE: WLL), currently at 22.55 percent, as well as several others held by the ETF. If your own short-term thesis is in line with this trend, the bear ETF might be the optimal way of approaching that industry.

Best Safest Stocks To Invest In Right Now: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Alaska Air Group (ALK) has advanced 1.3% to $94.55 after getting upgraded to Buy from Hold at Stifel.

    Shake Shack (SHAK) has risen 1.7% to $33 after getting upgraded to Neutral from Underperform at Wedbush.

  • [By Adam Levine-Weinberg]

    While Southwest Airlines achieved the best score overall, Alaska Air (NYSE:ALK) received top marks among traditional carriers. This was its 10th consecutive victory in the traditional carrier segment.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Alaska Air Group, Inc. (NYSE: ALK) which rose over 4% to $64.43. The stocks 52-week range is $61.10 to $101.43. Volume was2.4 million compared to its average volume of 1.8 million.

  • [By Ben Levisohn]

    While the airline stocks have pulled back recently, coming off a choppy 1Q17, we have In-Line ratings on the Big 3 (American Airlines [AAL], Delta Air Lines [DAL] and United Continental [UAL]), as well as on Alaska Air Group (ALK)…

  • [By Ben Levisohn]

    Airlines like United Continental (UAL), Alaska Air Group (ALK) and JetBlue Airways (JBLU) have been so cheap for so long now, that making an argument for big gains based solely on valuation seems remarkably foolish. Thankfully, it’s not the only argument that Barclays analyst Brandon Oglenski make as they initiated the sector with a Positive rating, while calling United Continental the “most compelling stock” in the airlines sector. They explain why:

  • [By Adam Levine-Weinberg]

    It’s been clear from the beginning that Alaska Air’s (NYSE:ALK) acquisition of Virgin America was bad news for United Continental (NYSE:UAL). Alaska Air’s management viewed the deal as a springboard for growth in California — especially in the Bay Area. Meanwhile, United is the dominant airline in San Francisco.

Best Safest Stocks To Invest In Right Now: Unifirst Corporation(UNF)

Advisors’ Opinion:

  • [By Monica Gerson]

     

    General Mills, Inc. (NYSE: GIS) is expected to report its quarterly earnings at $0.60 per share on revenue of $3.86 billion.
    Pier 1 Imports Inc (NYSE: PIR) is projected to post a quarterly loss at $0.05 per share on revenue of $420.05 million.
    Acuity Brands, Inc. (NYSE: AYI) is estimated to report its quarterly earnings at $2.03 per share on revenue of $847.79 million.
    Monsanto Company (NYSE: MON) is projected to report its quarterly earnings at $2.40 per share on revenue of $4.49 billion.
    Worthington Industries, Inc. (NYSE: WOR) is expected to report its quarterly earnings at $0.64 per share on revenue of $692.48 million.
    Progress Software Corporation (NASDAQ: PRGS) is projected to post its quarterly earnings at $0.29 per share on revenue of $94.64 million.
    UniFirst Corp (NYSE: UNF) is estimated to report its quarterly earnings at $1.34 per share on revenue of $366.28 million.
    Exfo Inc (NASDAQ: EXFO) is expected to post its quarterly earnings at $0.06 per share on revenue of $60.87 million.
    OMNOVA Solutions Inc. (NYSE: OMN) is projected to report its quarterly earnings at $0.14 per share on revenue of $205.40 million.
    8Point3 Energy Partners LP (NASDAQ: CAFD) is estimated to post a quarterly loss at $0.01 per share on revenue of $11.60 million.
    Park Electrochemical Corp. (NYSE: PKE) is expected to report its quarterly earnings at $0.22 per share on revenue of $35.30 million.
    Xplore Technologies Corp. (NASDAQ: XPLR) is projected to post its quarterly earnings at $0.01 per share on revenue of $24.00 million.
    Investors Real Estate Trust (NYSE: IRET) is expected to post its quarterly earnings at $0.14 per share on revenue of $56.87 million.
    Tel-Instrument Electronics Corp. (NYSE: TIK) is estimated to post earnings for the latest quarter.
    Aethlon Medical, Inc. (NASDAQ: AEMD) is expected to post a quarterly loss at $0.20 per share.
    Ossen Innovation Co Ltd (ADR) (NASDAQ: OSN) is projected to post ea

  • [By Monica Gerson]

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

    AeroVironment, Inc. (NASDAQ: AVAV) posted upbeat earnings for its fourth quarter, but the company missed analysts’ sales expectations. AeroVironment shares dipped 7.37 percent to $26.40 in the after-hours trading session.
    Analysts are expecting Acuity Brands, Inc. (NYSE: AYI) to have earned $2.03 per share on revenue of $847.79 million in the latest quarter. Acuity Brands shares rose 0.04 percent to $244.75 in after-hours trading.
    CalAmp Corp. (NASDAQ: CAMP) reported stronger-than-expected results for its first quarter and reported a $25 million buyback plan. The company also issued a weak sales forecast for the current quarter. CalAmp shares gained 0.35 percent to $14.14 in the after-hours trading session.
    UniFirst Corp (NYSE: UNF) is expected to report its quarterly earnings at $1.34 per share on revenue of $366.28 million. UniFirst shares slipped 0.72 percent to close at $105.44 on Tuesday.
    A Schulman Inc (NASDAQ: SHLM) reported better-than-expected earnings for its third quarter. A Schulman shares rose 1.61 percent to $21.51 in the after-hours trading session.

    Posted-In: Stocks To WatchEarnings News Guidance Pre-Market Outlook Markets Trading Ideas

  • [By Monica Gerson]

    UniFirst Corp (NYSE: UNF) is estimated to report its quarterly earnings at $1.26 per share on revenue of $362.62 million.

    Progress Software Corporation (NASDAQ: PRGS) is projected to post its quarterly earnings at $0.29 per share on revenue of $93.15 million.

Best Safest Stocks To Invest In Right Now: Safe Bulkers Inc(SB)

Advisors’ Opinion:

  • [By Ben Levisohn]

    StarBulk Carriers (SBLK) and Safe Bulkers (SB) have more than tripled during the past 12 months, while Golden Ocean Group (GOGL) has more than doubled. So it must be time for an upgrade right?

  • [By Elizabeth Balboa]

    Meanwhile, Safe Bulkers, Inc. (NYSE: SB) rose $0.73 throughout the 2016, Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) fell $1.69 and Navios Maritime Partners L.P. (NYSE: NMM) dropped $0.93.

Best Safest Stocks To Invest In Right Now: Endologix, Inc.(ELGX)

Advisors’ Opinion:

  • [By Lisa Levin]

    Endologix, Inc. (NASDAQ: ELGX) shares dropped 23 percent to $7.59 as the company issued an update on Nellix PMA process. Endologix disclosed that the FDA has requested the company to provide a two-year patient follow-up data from the EVAS-FORWARD IDE study of Nellix System.

  • [By Paul Ausick]

    Endologix Inc. (NASDAQ: ELGX) dropped about 9.3% on Wednesday to post a new 52-week low of $4.78 against a 52-week high of $14.50 and a Tuesday close of $5.27. Volume of about 6 million was more than 3 times the daily average of around 1.7 million. The company on Tuesday announced a temporary shipping hold on its best-selling heart device, saying there was a manufacturing issue.

top 50 stocks to invest in

Investors looking to take advantage of rising oil prices have turned to crude oil stocks in 2017. But, even though oil prices have risen 16% since the OPEC deal on Nov. 30, not every oil stock is worth owning.

That’s why we’ve listed the top oil stocks to avoid in 2017…

Investors are right to target oil stocks as crude oil prices rise. The NYSE Arca Oil Index (NYSE Arca: XOI) is an index tracking the performance of oil companies across the industry. XOI is up 9.3% since Nov. 30.

But just because oil stocks have risen doesn’t mean they are all good investments.

We’ll show you some of the best oil stocks to buy, including one with 47% gains in 2016. Before we get to that, these are the crude oil stocks investors should avoid in 2017…

Crude Oil Stocks That Aren’t Worth Owning

Savvy oil investors will avoid buying stock in Big Oil in 2017.

Oil “supermajors,” or Big Oil, are massive oil companies largely consolidated in the 1990s. These oil companies handle everything from exploration, production, refining, transportation, and even gas stations.

top 50 stocks to invest in: MGC Diagnostics Corporation(MGCD)

Advisors’ Opinion:

  • [By Lisa Levin]

    MGC Diagnostics Corp (NASDAQ: MGCD) shares shot up 24 percent to $10.94 after the company agreed to be acquired by Altus Capital Partners for $11.03 per share in cash.

  • [By Monica Gerson]

    MGC Diagnostics Corp (NASDAQ: MGCD) is projected to post earnings for the latest quarter.

    Lands’ End, Inc. (NASDAQ: LE) is estimated to report its quarterly earnings at $0.02 per share on revenue of $293.24 million.

  • [By Lisa Levin]

    MGC Diagnostics Corp (NASDAQ: MGCD) shares shot up 24 percent to $10.92 after the company agreed to be acquired by Altus Capital Partners for $11.03 per share in cash.

top 50 stocks to invest in: VIVUS, Inc.(VVUS)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term chart shows Arena Pharmaceuticals along with its small capobesitytreatmentpeers EnteroMedics Inc (NASDAQ: ETRM), Orexigen Therapeutics, Inc (NASDAQ: OREX) and VIVUS, Inc (NASDAQ: VVUS) all causing severe weight loss for investor portfolios:

  • [By Keith Speights]

    Arena is out of the obesity drug business, but what about Orexigen Therapeutics (NASDAQ:OREX) or VIVUS (NASDAQ:VVUS)? The problem is that they’re both too dependent on their respective obesity drugs, Contrave and Qsymia. Neither of the drugs have performed up to expectations.

top 50 stocks to invest in: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Adam Levine-Weinberg]

    It’s been clear from the beginning that Alaska Air’s (NYSE:ALK) acquisition of Virgin America was bad news for United Continental (NYSE:UAL). Alaska Air’s management viewed the deal as a springboard for growth in California — especially in the Bay Area. Meanwhile, United is the dominant airline in San Francisco.

  • [By Paul Ausick]

    The best airline, overall, was Alaska Air Group Inc. (NYSE: ALK). Other category winners were Spirit Airlines Co. (NASDAQ: SAVE), which was ranked cheapest; Alaska rated most reliable; JetBlue Airways Inc. (NASDAQ: JBLU) was most comfortable; best for pets was Alaska; and the airline receiving the fewest complaints was Southwest Airlines Co. (NYSE: LUV).

  • [By Adam Levine-Weinberg]

    While Southwest Airlines achieved the best score overall, Alaska Air (NYSE:ALK) received top marks among traditional carriers. This was its 10th consecutive victory in the traditional carrier segment.

top 50 stocks to invest in: Nielsen N.V.(NLSN)

Advisors’ Opinion:

  • [By Paul Ausick]

    Nielsen Holdings plc (NYSE: NLSN) dropped about 1.5% Thursday to post a new 52-week low of $40.97 after closing Wednesday at $41.59. The 52-week high is $55.94. Volume of around 5.2 million was about 70% above the daily average of around 3.2 million shares traded. The company had no specific news Thursday.

  • [By Paul Ausick]

    Nielsen Holdings plc (NYSE: NLSN) lost nearly 2.7% Friday to post a new 52-week low of $42.25 after closing Thursday at $43.41. The 52-week high is $55.94. Volume of around 6.7 million was nearly 3 times the daily average of around 2.6 million shares traded. The data research and information company had no specific news Friday.

Best Stocks To Buy For 2018

Marathon Patent Group Inc. (Nasdaq: MARA) is among the top penny stocks to watch for December after climbing an astonishing 341% during the short Thanksgiving week.

While that’s a great gain, we’re recommending a different stock to our readers. This stock is positioned for huge returns and is less volatile.

Instead, the company we’ll show you today is on the cusp of turning Silicon Valley on its head by ushering in a new era of truly wire-free charging. Before we reveal the pick, here are the top 10 penny stocks to watch this week…

Best Stocks To Buy For 2018: Graham Corporation(GHM)

Advisors’ Opinion:

  • [By Monica Gerson]

    Graham Corporation (NYSE: GHM) is expected to report its quarterly earnings at $0.12 per share on revenue of $23.54 million.

    Heico Corp (NYSE: HEI) is estimated to post its quarterly earnings at $0.54 per share.

Best Stocks To Buy For 2018: Alaska Air Group, Inc.(ALK)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Alaska Air Group (ALK) has advanced 1.3% to $94.55 after getting upgraded to Buy from Hold at Stifel.

    Shake Shack (SHAK) has risen 1.7% to $33 after getting upgraded to Neutral from Underperform at Wedbush.

  • [By Adam Levine-Weinberg]

    To meet this condition, Delta and Aeromexico agreed to divest up to 24 slot pairs at Mexico City International Airport. Now, the three largest low-fare airlines in the U.S. — Southwest Airlines (NYSE:LUV), Alaska Air (NYSE:ALK), and JetBlue Airways (NASDAQ:JBLU) — are close to being cleared for expansion in Mexico City.

  • [By Adam Levine-Weinberg]

    Last year, a potential solution appeared when Alaska Air (NYSE:ALK) acquired Virgin America, which is the only other commercial airline at Love Field, whereas Alaska Airlines flies to nearby Dallas-Fort Worth International Airport (DFW). It seemed plausible that Alaska would consolidate its Dallas-area operations at DFW, the region’s main airport.

Best Stocks To Buy For 2018: Hertz Global Holdings Inc(HTZ)

Advisors’ Opinion:

  • [By Chris Lange]

    Shares of Hertz Global Holdings Inc. (NYSE: HTZ) were cut in half on Tuesday after the company missed earnings in its most recent report. Hertz reported its third-quarter financial results lateon Monday. Although earnings did not live up to expectations, what really hurt in this report was the guidance.

  • [By Craig Jones]

    On CNBC's Fast Money Halftime Report, Jon Najarian spoke about a big volume in the May 20 calls in Hertz Global Holdings, Inc (NYSE: HTZ). He believes the stock has some upside potential and he decided to buy the upside calls in the name. He is going to hold them for two to three weeks.

  • [By Dan Caplinger]

    The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

Best Stocks To Buy For 2018: Alexco Resource Corp(AXU)

Advisors’ Opinion:

  • [By Cameron Saucier]

    Alexco Resource (NYSEMKT: AXU) operates in two segments: an environmental services business and a mining company. Its mining segment explores developments in Canada, while its environmental segment provides consulting and project management services in the United States and Canada. AXU is up over 400% YTD. The stock has been steadily rising since January. It isn’t clear what’s driving AXU upwards, other than general investor speculation. The stock is trading at $1.72 per share as of Monday intraday.