&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-1010693186&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1010693186/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Sled dogs running through a forest in Walgau, Bavaria, Germany. Photo credit: Getty
&l;em&g;The Wall Street Journal&l;/em&g; nailed it. In last weekend&a;rsquo;s (9/15-16) edition, a &a;ldquo;Market News&a;rdquo; article identified the key driver that would send the market up last week. Importantly, it included the rationale behind a profitable bull market run from here.
&l;em&g;Disclosure: Author holds only U.S. stocks and U.S. stock funds&l;/em&g;
The WSJ article was, &a;ldquo;&l;a href=&q;https://www.wsj.com/articles/rebound-for-industrials-helps-stabilize-u-s-stocks-1536926401&q; target=&q;_blank&q;&g;Battered Industrial Shares Get New Wind&l;/a&g;.&a;rdquo; These excerpts provide the rationale and results so far.
&l;/p&g;&l;blockquote&g;Beaten-down shares of industrial firms are starting to bounce back, supporting major U.S. stock indexes even as sectors including technology wobble.
&a;hellip;
Industrial stocks have been among the market&a;rsquo;s worst-performing sectors in the past six months even with the U.S. economy growing at its quickest pace in years, so some analysts think more strong data could give the group a further boost. Figures from last month showed July output from factories, mines and utilities was weaker than expected.
Yet investors have rewarded industrials lately after many manufacturers reported strong second-quarter earnings despite the threat of tariffs hurting global demand.
&a;hellip;
Some analysts think strength in the U.S. economy could continue to underpin manufacturing stocks, even as global trade discussions continue.
&a;hellip;
Third-quarter earnings season will mark a crucial period for industrial shares, with investors increasingly looking for sectors cheaper than the broader market that can still post consistent sales growth.&l;/blockquote&g;
Top Performing Stocks To Watch Right Now: Heritage Financial Corporation(HFWA)
Advisors’ Opinion:
- [By Max Byerly]
PCSB Bank (NASDAQ: PCSB) and Heritage Financial (NASDAQ:HFWA) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, valuation, risk, earnings and institutional ownership.
- [By Shane Hupp]
UBS Group AG lifted its position in Heritage Financial Corp (NASDAQ:HFWA) by 351.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,457 shares of the financial services provider’s stock after purchasing an additional 18,256 shares during the period. UBS Group AG owned about 0.07% of Heritage Financial worth $717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Ethan Ryder]
Greene County Bancorp (NASDAQ: GCBC) and Heritage Financial (NASDAQ:HFWA) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, dividends, valuation, earnings, profitability and analyst recommendations.
- [By Stephan Byrd]
Southern Missouri Bancorp (NASDAQ: SMBC) and Heritage Financial (NASDAQ:HFWA) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Heritage Financial (HFWA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Performing Stocks To Watch Right Now: Artisan Partners Asset Management Inc.(APAM)
Advisors’ Opinion:
- [By Logan Wallace]
Artisan Partners Asset Management Inc (NYSE:APAM) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $38.00.
- [By Ethan Ryder]
Synovus Financial Corp purchased a new stake in Artisan Partners Asset (NYSE:APAM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,188 shares of the asset manager’s stock, valued at approximately $3,508,000. Synovus Financial Corp owned 0.14% of Artisan Partners Asset at the end of the most recent reporting period.
- [By ]
Artisan Partners Asset Management (NYSE: APAM)
Another asset manager MLP that has piqued my interest, Artisan employs an organic, creativity-driven investment process managing money in the small-cap, mid-cap, value, and international equity spaces. All of the firm’s investment management teams are afforded autonomy in pursuit of their particular investment discipline. At the end of 2017, assets under management (AUM) stood at $115.5 billion. At around $40.70 per unit, the stock is at the upper end of its 52-week range. However, on a forward P/E basis, APAM is still attractively priced with a forward P/E of 16.6, an 11% discount to the S&P 500. It also pays a 5.9% yield. - [By Ethan Ryder]
Public Employees Retirement System of Ohio cut its holdings in Artisan Partners Asset Management Inc (NYSE:APAM) by 20.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,499 shares of the asset manager’s stock after selling 19,452 shares during the quarter. Public Employees Retirement System of Ohio owned 0.10% of Artisan Partners Asset Management worth $2,276,000 as of its most recent SEC filing.
Top Performing Stocks To Watch Right Now: Just Hold Your Nose and Dive Into Under Armour Inc (UAA)
Advisors’ Opinion:
- [By ]
Cybersecurity remains red hot, after another three high-profile attacks, at Under Armour (UAA) , Boeing (BA) and Hudson’s Bay, the parent of Saks. But while many investors know of the big boys like Palo Alto Networks (PANW) , Fortinet (FTNT) and Proofpoint (PFPT) , Cramer dove into three smaller cybersecurity names to see if they’re worth investing in.
- [By Joe Tenebruso]
When Under Armour (NYSE:UA) (NYSE:UAA) released its second-quarter financial results on July 26, investors focused largely on the company’s forecast for higher restructuring costs. However, Under Armour’s senior leadership team shared some important information during the subsequent conference call that many investors overlooked.
- [By Demitrios Kalogeropoulos]
Athletic apparel specialist Under Armour (NYSE:UAA) (NYSE:UA) outpaced the market last month by gaining 18% compared to a 2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
Top Performing Stocks To Watch Right Now: Internationa Flavors & Fragrances, Inc.(IFF)
Advisors’ Opinion:
- [By Dan Caplinger]
Monday was a positive day on Wall Street, with market participants being generally pleased with news that crude oil pushed above the $70-per-barrel mark before falling slightly below it. That helped lift the energy sector up, although some other concerns held back certain other sectors, limiting gains in most major indexes to less than 1% on the day. Moreover, some companies made announcements that were ill-received by the market. International Flavors & Fragrances (NYSE:IFF), Tower Semiconductor (NASDAQ:TSEM), and Dentsply Sirona (NASDAQ:XRAY) were among the worst performers on the day. Here’s why they did so poorly.
- [By Logan Wallace]
Get a free copy of the Zacks research report on International Flavors & Fragrances (IFF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Breaking news
International Flavors & Fragrances Inc. (NYSE: IFF) reported upbeat earnings for its first quarter and agreed to acquire Frutarom for $7.1 billion.
Mondelez International, Inc. (NASDAQ: MDLZ) announced plans to acquire Tate's Bake Shop for $500 million.
ynchronoss Technologies, Inc. (NASDAQ: SNCR) reported a deal to buy honeybee.
DENTSPLY SIRONA Inc (NASDAQ: XRAY) reported Q1 adjusted earnings of $0.45 per share on sales of $956.1 million. The company updated its 2018 adjusted earnings guidance to $2.55 to 2.65 per share. - [By Stephan Byrd]
International Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 150,000 shares of the business’s stock in a transaction on Monday, May 14th. The stock was acquired at an average price of $126.47 per share, with a total value of $18,970,500.00. Following the completion of the acquisition, the insider now directly owns 11,600,193 shares in the company, valued at approximately $1,467,076,408.71. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Top Performing Stocks To Watch Right Now: Encore Wire Corporation(WIRE)
Advisors’ Opinion:
- [By Max Byerly]
BidaskClub cut shares of Encore Wire (NASDAQ:WIRE) from a hold rating to a sell rating in a research note issued to investors on Tuesday.
A number of other research analysts also recently commented on the company. Zacks Investment Research raised Encore Wire from a sell rating to a hold rating in a report on Friday, August 10th. DA Davidson set a $60.00 target price on Encore Wire and gave the stock a buy rating in a report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Encore Wire presently has a consensus rating of Hold and a consensus price target of $60.00.
- [By Ethan Ryder]
COPYRIGHT VIOLATION NOTICE: “Dean Investment Associates LLC Reduces Position in Encore Wire Co. (WIRE)” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at www.tickerreport.com/banking-finance/4153428/dean-investment-associates-llc-reduces-position-in-encore-wire-co-wire.html.
- [By Logan Wallace]
Encore Wire (NASDAQ: WIRE) and Arconic (NYSE:ARNC) are both industrial products companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, dividends, earnings and risk.
Top Performing Stocks To Watch Right Now: IRIDEX Corporation(IRIX)
Advisors’ Opinion:
- [By Ethan Ryder]
In related news, Chairman William M. Moore acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 12th. The shares were bought at an average cost of $4.34 per share, for a total transaction of $43,400.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Earle Grove acquired 10,857 shares of the firm’s stock in a transaction that occurred on Wednesday, December 12th. The stock was bought at an average price of $4.23 per share, for a total transaction of $45,925.11. Following the completion of the transaction, the director now owns 2,500 shares of the company’s stock, valued at approximately $10,575. The disclosure for this purchase can be found here. Over the last three months, insiders bought 23,357 shares of company stock worth $99,750. Insiders own 4.80% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “IRIDEX (IRIX) Set to Announce Quarterly Earnings on Tuesday” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at www.tickerreport.com/banking-finance/4195060/iridex-irix-set-to-announce-quarterly-earnings-on-tuesday.html.
IRIDEX Company Profile
- [By Max Byerly]
NxStage Medical (NASDAQ:NXTM) and IRIDEX (NASDAQ:IRIX) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, profitability, dividends and earnings.
- [By Max Byerly]
First Light Asset Management LLC reduced its position in shares of IRIDEX Co. (NASDAQ:IRIX) by 48.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,581 shares of the medical equipment provider’s stock after selling 189,106 shares during the period. First Light Asset Management LLC owned about 1.70% of IRIDEX worth $1,382,000 at the end of the most recent reporting period.