Tag Archives: BA

Best High Tech Stocks To Buy Right Now

by Joseph Joyce

The Search for an Effective Macro Policy

Economic growth in the advanced economies seems stalled. This summer, the IMF projected increases in GDP in these economies of 1.8% for both 2016 and 2017. This included growth of 2.2% this year in the U.S. and 2.5% in 2017, 1.6% and 1.4% in the eurozone in 2016 and 2017 respectively, and 0.3% and 0.1% respectively in Japan. U.S. Treasury Secretary Jack Lew has called on the Group of 20 countries to use all available tools to raise growth, as has the IMF’s Managing Director Christine Lagarde. So why aren’t the G20 governments doing more?

The use of discretionary fiscal policy as a stimulus seems to be jammed, despite renewed interest in its effectiveness by macroeconomists such as Christopher Sims of Princeton University. While the U.S. presidential candidates talk about spending on much-needed infrastructure, there is little chance that a Republican-controlled House of Representatives would go along. In Europe, Germany’s fiscal surplus gives it the ability to increase spending that would benefit its neighbors, but it shows no interest in doing so (see Brad Setser and Paul Krugman). And the IMF does not seem to be following its own policy guidelines in its advice to individual governments.

Best High Tech Stocks To Buy Right Now: Sandstorm Gold Ltd(SAND )

Advisors’ Opinion:

  • [By Joseph Griffin]

    Boston Partners purchased a new stake in Sandstorm Gold (NYSEAMERICAN:SAND) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 463,325 shares of the mining company’s stock, valued at approximately $2,205,000. Boston Partners owned about 0.25% of Sandstorm Gold as of its most recent filing with the Securities and Exchange Commission.

Best High Tech Stocks To Buy Right Now: Boeing Company (BA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Investors sold shares of Boeing (NYSE:BA) on strength during trading on Monday following insider selling activity. $375.45 million flowed into the stock on the tick-up and $404.63 million flowed out of the stock on the tick-down, for a money net flow of $29.18 million out of the stock. Of all equities tracked, Boeing had the 0th highest net out-flow for the day. Boeing traded up $6.00 for the day and closed at $340.43Specifically, SVP Heidi B. Capozzi sold 1,132 shares of Boeing stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of $329.84, for a total transaction of $373,378.88. Following the transaction, the senior vice president now directly owns 24,416 shares of the company’s stock, valued at $8,053,373.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Gregory D. Smith sold 36,079 shares of Boeing stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $337.43, for a total transaction of $12,174,136.97. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

  • [By Paul Ausick]

    The Boeing Co. (NYSE: BA) traded up 2.63% at $353.74 The stock’s 52-week range is $173.75 to $371.60. Volume was nearly 20% above the daily average of around 5.3 million shares. Just before the bell, Reuters reported that Boeing has ruled reviving the 767 as it continues evaluating its New Midrange Aircraft (NMA), often referred to as the 797.

  • [By Lou Whiteman]

    The age of hybrid-electric commercial aircraft is right around the corner. A start-up backed by Boeing (NYSE:BA) just hit an important milestone in its quest to be among the first to cash in on the technology.

  • [By Adam Levine-Weinberg]

    The reimposition of U.S. sanctions throws a wrench into the plans of companies that had started doing business with Iran. Aerospace is one sector that will be hit particularly hard, as Iranian airlines had been desperate to upgrade and expand their fleets. However, the U.S. withdrawal from the Iran deal will hurt Airbus (NASDAQOTH:EADSY) a lot more than Boeing (NYSE:BA).

  • [By Stephan Byrd]

    PrairieView Partners LLC acquired a new stake in Boeing (NYSE:BA) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 641 shares of the aircraft producer’s stock, valued at approximately $210,000.

Best High Tech Stocks To Buy Right Now: Arris Group Inc(ARRS)

Advisors’ Opinion:

  • [By Max Byerly]

    Earnest Partners LLC increased its position in shares of ARRIS International plc (NASDAQ:ARRS) by 0.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 591,282 shares of the communications equipment provider’s stock after buying an additional 2,531 shares during the period. Earnest Partners LLC owned 0.32% of ARRIS International worth $15,710,000 as of its most recent filing with the SEC.

  • [By Joseph Griffin]

    Signition LP reduced its position in ARRIS International plc (NASDAQ:ARRS) by 11.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,577 shares of the communications equipment provider’s stock after selling 3,836 shares during the quarter. ARRIS International makes up about 1.0% of Signition LP’s investment portfolio, making the stock its 22nd biggest holding. Signition LP’s holdings in ARRIS International were worth $812,000 at the end of the most recent reporting period.

Best High Tech Stocks To Buy Right Now: Guggenheim Build America Bonds Managed Duration Trust(GBAB)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, June 29th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date of this dividend is Thursday, June 14th.

Best High Tech Stocks To Buy Right Now: Allscripts Healthcare Solutions, Inc.(MDRX)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 34.7 percent to $45.50 in pre-market trading following news that the FDA has approved Andexxa for the reversal of factor Xa inhibitors.
    Euro Tech Holdings Company Limited (NASDAQ: CLWT) rose 15.7 percent to $6.65 in pre-market trading after climbing 155.56 percent on Thursday.
    China Recycling Energy Corporation (NASDAQ: CREG) rose 14.7 percent to $2.75 in pre-market trading after climbing 57.89 percent on Thursday.
    Pandora Media, Inc. (NYSE: P) rose 11 percent to $6.40 in pre-market trading after reporting strong quarterly results.
    Fred's, Inc. (NASDAQ: FRED) rose 9.2 percent to $1.90 in pre-market trading following Q4 results.
    Shake Shack Inc (NYSE: SHAK) rose 9.1 percent to $51.70 in pre-market trading after the company reported upbeat results for its first quarter and raised its FY18 guidance.
    Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) rose 9 percent to $12.55 in pre-market trading after the company posted Q1 results and agreed to acquire HealthGrid.
    Weight Watchers International, Inc. (NYSE: WTW) rose 7.6 percent to $75 in pre-market trading after the company reported stronger-than-expected results for its first quarter. The company also raised its FY18 earnings outlook from $2.40-$2.70 to $3-$3.20.
    Viavi Solutions Inc. (NASDAQ: VIAV) rose 7.5 percent to $10.15 in pre-market trading following Q3 results.
    Pearson plc (NYSE: PSO) rose 4.5 percent to $11.83 in pre-market trading after reporting strong quarterly earnings.
    Alibaba Group Holding Ltd (NYSE: BABA) shares rose 4.4 percent to $190.50 in the pre-market trading session as the company posted upbeat Q4 results.
    Aqua Metals, Inc. (NASDAQ: AQMS) shares rose 3.9 percent to $4.30 in pre-market trading after gaining 6.98 percent on Thursday.
    Newell Brands Inc (NYSE: NWL) shares rose 3.6 percent to $27.65 in pre-market trading after reporting upbeat quarterly earnings.
    HMS Holdings Corp (NASDAQ: H
  • [By Stephan Byrd]

    KEYW (NASDAQ: KEYW) and Allscripts Healthcare Solutions (NASDAQ:MDRX) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Top 5 Value Stocks For 2019

Financial Gravity Companies Inc. purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 4th quarter, HoldingsChannel reports. The fund purchased 8,844 shares of the network equipment provider’s stock, valued at approximately $367,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Mitchell Capital Management Co. acquired a new stake in shares of Cisco Systems during the fourth quarter valued at about $368,000. Burney Co. grew its stake in shares of Cisco Systems by 15.6% during the fourth quarter. Burney Co. now owns 150,141 shares of the network equipment provider’s stock valued at $5,750,000 after acquiring an additional 20,270 shares in the last quarter. Icon Wealth Partners LLC acquired a new stake in shares of Cisco Systems during the fourth quarter valued at about $1,951,000. Lazard Asset Management LLC grew its stake in shares of Cisco Systems by 0.6% during the fourth quarter. Lazard Asset Management LLC now owns 31,640,136 shares of the network equipment provider’s stock valued at $1,211,815,000 after acquiring an additional 187,711 shares in the last quarter. Finally, Harwood Advisory Group LLC grew its stake in shares of Cisco Systems by 22.2% during the fourth quarter. Harwood Advisory Group LLC now owns 42,563 shares of the network equipment provider’s stock valued at $1,633,000 after acquiring an additional 7,724 shares in the last quarter. Hedge funds and other institutional investors own 73.89% of the company’s stock.

Top 5 Value Stocks For 2019: Boeing Company (BA)

Advisors’ Opinion:

  • [By Adam Levine-Weinberg]

    Last December, shares of Embraer (NYSE:ERJ) spiked following reports that it might sell itself to aerospace giant Boeing (NYSE:BA). Since then, the Brazilian government has ruled out a full takeover of Embraer but signaled its interest in facilitating a partnership between the two companies in the commercial aviation business.

  • [By Paul Ausick]

    The second-best performer among the Dow 30 so far this year is Boeing Co. (NYSE: BA), which is up 15.6%. That is followed by Intel Corp. (NASDAQ: INTC), up about 14.2%, Microsoft Corp. (NASDAQ: MSFT), up 12.0%, and Nike Inc. (NYSE: NKE), up 11.2%. Of the 30 stocks comprising the index, just 12 have posted year-to-date gains as of Friday’s close.

  • [By Paul Ausick]

    Boeing Co. (NYSE: BA) shows no sign of relinquishing its rankas the best performing stock for the year to date among the 30 equities that comprise the Dow Jones industrialaverage. Boeing stock ended the week with a share price gain of 6.7% and a year-to-date gain of 20.4%.

Top 5 Value Stocks For 2019: Chemical Financial Corporation(CHFC)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Media stories about Chemical Financial (NASDAQ:CHFC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chemical Financial earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.6707430515367 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Max Byerly]

    Envestnet Asset Management Inc. boosted its stake in Chemical Financial Co. (NASDAQ:CHFC) by 60.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,192 shares of the bank’s stock after purchasing an additional 6,123 shares during the period. Envestnet Asset Management Inc.’s holdings in Chemical Financial were worth $884,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Chemical Financial (NASDAQ: CHFC) and Macatawa Bank (NASDAQ:MCBC) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability and risk.

Top 5 Value Stocks For 2019: Humana Inc.(HUM)

Advisors’ Opinion:

  • [By Paul Ausick]

    Late Thursday, reports began to trickle in that retail behemoth Walmart Inc. (NYSE: WMT) was in preliminary negotiations to acquire health insurer Humana Inc. (NYSE: HUM). Humana’s market cap of around $37 billion makes this a very big deal, even if the talks result in some sort of partnership between the two firms.

  • [By Joseph Griffin]

    Hummingbird Resources (LON:HUM)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued on Wednesday. They presently have a GBX 50 ($0.67) target price on the stock. Canaccord Genuity’s price target points to a potential upside of 56.25% from the stock’s previous close.

  • [By Logan Wallace]

    Hudson Capital Management LLC lifted its position in Humana Inc (NYSE:HUM) by 79.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,697 shares of the insurance provider’s stock after purchasing an additional 1,197 shares during the quarter. Hudson Capital Management LLC’s holdings in Humana were worth $803,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Media headlines about Humana (NYSE:HUM) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Humana earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 47.3369901462853 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

  • [By Max Byerly]

    Traders purchased shares of Humana Inc (NYSE:HUM) on weakness during trading on Tuesday following insider selling activity. $42.85 million flowed into the stock on the tick-up and $19.24 million flowed out of the stock on the tick-down, for a money net flow of $23.61 million into the stock. Of all equities tracked, Humana had the 32nd highest net in-flow for the day. Humana traded down ($0.20) for the day and closed at $293.94Specifically, CEO Bruce D. Broussard sold 17,604 shares of Humana stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of $286.17, for a total transaction of $5,037,736.68. Following the transaction, the chief executive officer now directly owns 89,259 shares in the company, valued at approximately $25,543,248.03. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider William Kevin Fleming sold 15,637 shares of Humana stock in a transaction that occurred on Monday, June 4th. The stock was sold at an average price of $293.08, for a total transaction of $4,582,891.96. Following the transaction, the insider now owns 15,650 shares in the company, valued at $4,586,702. The disclosure for this sale can be found here. Insiders sold 55,058 shares of company stock worth $15,843,075 in the last ninety days. 0.60% of the stock is owned by corporate insiders.

Top 5 Value Stocks For 2019: Microchip Technology Incorporated(MCHP)

Advisors’ Opinion:

  • [By Shane Hupp]

    Mar Vista Investment Partners LLC bought a new stake in Microchip Technology (NASDAQ:MCHP) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 888,437 shares of the semiconductor company’s stock, valued at approximately $81,168,000. Microchip Technology comprises 3.2% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 12th largest position.

  • [By Lee Jackson]

    This company is a huge Internet of Things benefactor. Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, mixed-signal, analog and flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.

  • [By Shanthi Rexaline]

    Morgan Stanley's Joseph Moore previewed earnings reports from MPINJ Inc (NASDAQ: PI), Microchip Technology Inc. (NASDAQ: MCHP) and NVIDIA Corporation (NASDAQ: NVDA). Morgan Stanley has the following ratings on the companies:

  • [By VantagePoint]

    Microchip Technology Incorporated (NASDAQ: MCHP) had a clear crossover to the upside on May 3, when the blue predicted moving average crossed above the black simple 10-day moving average. Since then the stock is up 17 percent, while the gray candle predicting Thursday's range shows continued upside. As long as the two lines don't crossover, look for this uptrend to continue. 

  • [By Stephan Byrd]

    Microchip Technology (NASDAQ:MCHP) had its price objective increased by Morgan Stanley from $96.00 to $97.00 in a research report report published on Wednesday morning. The brokerage currently has an equal weight rating on the semiconductor company’s stock.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion.
    Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion.
    Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion.
    Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion.
    Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million.
    The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion.
    Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion.
    US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion.
    DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion.
    Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million.
    Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion.
    Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion.
    Petróleo Brasileiro S.A. – Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion.
    JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion.
    Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o

Top 5 Value Stocks For 2019: Sims Metal Management Limited(SMS)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Speed Mining Service (CURRENCY:SMS) traded 7.8% lower against the US dollar during the 24 hour period ending at 8:00 AM Eastern on June 7th. During the last seven days, Speed Mining Service has traded 21.8% lower against the US dollar. One Speed Mining Service token can currently be bought for approximately $11.56 or 0.00150095 BTC on major exchanges including CoinExchange and HitBTC. Speed Mining Service has a market capitalization of $1.21 million and $182.00 worth of Speed Mining Service was traded on exchanges in the last 24 hours.

  • [By Joseph Griffin]

    Speed Mining Service (CURRENCY:SMS) traded 4.2% higher against the dollar during the 24 hour period ending at 0:00 AM E.T. on May 20th. One Speed Mining Service token can now be purchased for $16.33 or 0.00192074 BTC on cryptocurrency exchanges including CoinExchange and HitBTC. Speed Mining Service has a market capitalization of $1.71 million and $413.00 worth of Speed Mining Service was traded on exchanges in the last 24 hours. Over the last seven days, Speed Mining Service has traded 4.2% lower against the dollar.

Top 10 Safest Stocks To Own Right Now

Shutterstock

There’s no way around it: the S&P 500 now has a P/E ratio of more than 26 going into the first earnings season of 2017, and even the “safest” bets are starting to look scary.

Unless we see massive profit growth all around, there’s a real risk this bull market is going to stutter—or worse.

So where do you go for value? It’s getting harder than ever, but there is one corner of the market that got way ahead of the S&P 500 and has since taken a step back. I’m talking about real estate investment trusts (REITs).

And now, there are three REITs that combined provide over 9% in income with over 200% average dividend coverage. That means they could double their payouts and still generate enough cash to cover them.

Plus, these stocks are out of favor, making them relatively cheap compared to their peers and the overheated broader market.

Top 10 Safest Stocks To Own Right Now: PetMed Express, Inc.(PETS)

Advisors’ Opinion:

  • [By Steve Symington]

    Nevertheless, several individual stocks failed to keep up. Read on to see why CTI BioPharma (NASDAQ:CTIC), PetMed Express (NASDAQ:PETS), andPfizer (NYSE:PFE)each slumped today.

  • [By ]

    PetMed Express (PETS) : “No, no, no, no. When we want pet drugs, we want Idexx Laboratories (IDXX) .”

    Xerox (XRX) : “I’d sell Xerox. That’s a house of pain.”

  • [By ]

    Cramer was bearish on PetMed Express (PETS) , Xerox (XRX) , Daseke (DSKE) , Portola Pharmaceuticals (PTLA) , STMicroelectronics (STM) and Booking (BKNG) .

Top 10 Safest Stocks To Own Right Now: Boeing Company (BA)

Advisors’ Opinion:

  • [By Ethan Ryder]

    HL Financial Services LLC decreased its holdings in Boeing (NYSE:BA) by 11.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,427 shares of the aircraft producer’s stock after selling 1,810 shares during the period. HL Financial Services LLC’s holdings in Boeing were worth $4,730,000 at the end of the most recent reporting period.

  • [By Paul Ausick]

    The most expensive aircraft on the Boeing Co. (NYSE: BA) price list is the 777-9, the larger of two versions of the new 777X family. The plane lists for $425.8 million. The smaller 777-8 lists for $394.9 million, only $8 million less than the 747-8 jumbo jet.

  • [By Lou Whiteman]

    NASA has cleared the way for Boeing (NYSE:BA) to deliver an astronaut to the International Space Station during what was supposed to be a manned test of its Starliner spacecraft, showing faith in the aerospace giant and its transport vessel to solve the growing problem of how to get American astronauts into orbit.

Top 10 Safest Stocks To Own Right Now: Mitek Systems, Inc.(MITK)

Advisors’ Opinion:

  • [By Shane Hupp]

    Mitek Systems Inc. (NASDAQ:MITK) Director Bruce Edward Hansen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $8.73, for a total transaction of $349,200.00. Following the completion of the sale, the director now owns 81,135 shares of the company’s stock, valued at approximately $708,308.55. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

  • [By Max Byerly]

    ValuEngine downgraded shares of Mitek Systems (NASDAQ:MITK) from a buy rating to a hold rating in a report published on Friday.

    A number of other research analysts have also recently issued reports on MITK. BidaskClub upgraded Mitek Systems from a sell rating to a hold rating in a research report on Thursday, May 3rd. Zacks Investment Research upgraded Mitek Systems from a sell rating to a hold rating in a research report on Thursday, March 29th. Finally, National Securities assumed coverage on Mitek Systems in a research report on Friday, March 9th. They issued a buy rating and a $14.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of Buy and an average target price of $12.00.

  • [By Brian Feroldi, Leo Sun, and Demitrios Kalogeropoulos]

    So, which stocks are potential hidden winners that can be safely purchased today? We asked a team of investors to weigh in, and they pickedSogou (NYSE:SOGO), TJX Companies (NYSE:TJX), and Mitek Systems (NASDAQ:MITK).

Top 10 Safest Stocks To Own Right Now: Ellie Mae, Inc.(ELLI)

Advisors’ Opinion:

  • [By Shane Hupp]

    Ellie Mae Inc (NYSE:ELLI) Director Jeb S. Spencer sold 2,415 shares of the company’s stock in a transaction dated Tuesday, May 29th. The shares were sold at an average price of $106.79, for a total transaction of $257,897.85. Following the completion of the sale, the director now directly owns 6,591 shares of the company’s stock, valued at $703,852.89. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Ellie Mae (ELLI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Brian Stoffel]

    We’ll cover each of those below for these five growth stocks.

    Company What it does…
    Mercadolibre(NASDAQ:MELI) Leading e-commerce player in Latin America
    Axon Enterprises(NASDAQ:AAXN) Develops products for police forces: TASERs, body cameras, and a database to store and analyze footage
    Shopify(NYSE:SHOP) Helps merchants create an e-commerce presence
    Ellie Mae(NYSE:ELLI) Offers platform to help streamline mortgage origination and refinancing business
    Paycom Solutions(NYSE:PAYC) Maintains and develops cloud solutions for HR departments

    Chart by author.

  • [By Max Byerly]

    Schwab Charles Investment Management Inc. boosted its stake in shares of Ellie Mae Inc (NYSE:ELLI) by 3.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 166,934 shares of the software maker’s stock after purchasing an additional 5,916 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Ellie Mae were worth $15,348,000 at the end of the most recent reporting period.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Ellie Mae (ELLI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Ellie Mae (ELLI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Safest Stocks To Own Right Now: Concord Medical Services Holdings Limited(CCM)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Lisa Levin] Gainers
    Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday.
    Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
    Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21.
    MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06.
    Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results.
    Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25.
    Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit.
    BioTelemetry,
  • [By Lisa Levin] Gainers
    Comstock Resources, Inc. (NYSE: CRK) shares shot up 52 percent to $7.235 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes.
    MarineMax, Inc. (NYSE: HZO) shares gained 24.2 percent to $21.80 as the company posted upbeat Q2 results and raised its FY18 outlook.
    Mattersight Corporation (NASDAQ: MATR) shares rose 22 percent to $2.625 after the company agreed to be purchased by NICE Ltd.
    Chipotle Mexican Grill, Inc. (NYSE: CMG) jumped 21.3 percent to $411.871 as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 17 percent to $3.10 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression.
    Ultra Clean Holdings, Inc. (NASDAQ: UCTT) rose 15.9 percent to $18.34 following upbeat Q1 earnings.
    PCM, Inc. (NASDAQ: PCMI) gained 15.6 percent to $12.20 following Q1 results.
    O'Reilly Automotive, Inc. (NASDAQ: ORLY) surged 14.4 percent to $260.3901 following upbeat Q1 profit.
    Concord Medical Services Holdings Limited (NYSE: CCM) gained 13.8 percent to $3.70.
    Penn National Gaming, Inc. (NASDAQ: PENN) rose 13.5 percent to $29.815 after reporting strong Q1 results.
    BioTelemetry, Inc. (NASDAQ: BEAT) rose 13.5 percent to $38.30 as the company reported stronger-than-expected earnings for its first quarter.
    Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose 13.1 percent to $10.985 as the company reported upbeat results for its first quarter.
    SJW Group (NYSE: SJW) shares gained 11.8 percent to $63.59 following Q1 results. California Water Service Group made an offer for SJW.
    Churchill Downs Incorporated (NASDAQ: CHDN) climbed 9.8 percent to $278.40 following Q1 results.
    CYS Investments, Inc. (NYSE: CYS)
  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Safest Stocks To Own Right Now: Astronics Corporation(ATRO)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Astronics (NASDAQ: ATRO) and TransDigm Group (NYSE:TDG) are both aerospace companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations.

  • [By Max Byerly]

    Carillon Tower Advisers Inc. bought a new stake in Astronics Co. (NASDAQ:ATRO) in the 1st quarter, Holdings Channel reports. The firm bought 100,125 shares of the aerospace company’s stock, valued at approximately $3,734,000.

  • [By Ethan Ryder]

    Astronics (NASDAQ: ATRO) and Ducommun (NYSE:DCO) are both small-cap aerospace companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, earnings, profitability, institutional ownership, valuation and analyst recommendations.

  • [By Shane Hupp]

    Shares of Astronics Co. (NASDAQ:ATRO) have earned an average recommendation of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $41.67.

  • [By Stephan Byrd]

    Astronics (NASDAQ: ATRO) and Ducommun (NYSE:DCO) are both small-cap aerospace companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, risk, earnings and institutional ownership.

Top 10 Safest Stocks To Own Right Now: Luxoft Holding, Inc.(LXFT)

Advisors’ Opinion:

  • [By Lisa Levin]

    Luxoft Holding, Inc. (NYSE: LXFT) was down, falling around 26 percent to $32.15. Luxoft posted in-line Q4 earnings, but issued weak forecast for the current quarter.

  • [By Steve Symington]

    Shares of Luxoft Holding Inc. (NYSE:LXFT) were down 21.3% as of 11:30 a.m. EDT Thursday after the software development company announced strong quarterly results, but followed with light guidance.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Luxoft (LXFT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Luxoft Holding Inc (NYSE:LXFT) has been given an average rating of “Hold” by the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $53.33.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Luxoft (LXFT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Safest Stocks To Own Right Now: E*TRADE Financial Corporation(ETFC)

Advisors’ Opinion:

  • [By Shane Hupp]

    Here are some of the media stories that may have effected Accern Sentiment’s analysis:

    Get E*TRADE Financial alerts:

    E*TRADE Financial's (ETFC) May DARTs Rise 1% From April (finance.yahoo.com) E*TRADE Financial Corp (ETFC) Expected to Announce Quarterly Sales of $702.38 Million (americanbankingnews.com) Zacks: Brokerages Expect E*TRADE Financial Corp (ETFC) to Announce $0.88 EPS (americanbankingnews.com) Charles Schwab: Total Client Assets Up 2% Month Over Month in May (finance.yahoo.com) E*TRADE Financial (ETFC) May DARTs Increase 1% MoM (streetinsider.com)

    ETFC has been the subject of a number of recent research reports. Compass Point initiated coverage on shares of E*TRADE Financial in a research report on Monday, June 4th. They set a “buy” rating and a $72.00 price target for the company. UBS Group raised shares of E*TRADE Financial from an “outperform” rating to a “strong-buy” rating in a research report on Monday, March 12th. Deutsche Bank lifted their price target on shares of E*TRADE Financial from $62.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, April 6th. SunTrust Banks lifted their price target on shares of E*TRADE Financial from $3.70 to $70.00 and gave the company a “buy” rating in a research report on Friday, April 20th. Finally, Morgan Stanley lifted their price target on shares of E*TRADE Financial from $64.00 to $67.00 and gave the company a “buy” rating in a research report on Tuesday, April 10th. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. E*TRADE Financial has an average rating of “Buy” and an average price target of $61.17.

  • [By Wayne Duggan]

    The cryptocurrency market lacks a company that combines currency mining and currency exchange, Dede said. No companies are creating ties between digital currency exchanges and mainstream consumer-focused brokerages, such as TD Ameritrade Holding Corp. (NASDAQ: AMTD) and E*TRADE Financial Corp (NASDAQ: ETFC), he said. 

  • [By David Zeiler]

    In just three years, Robinhood’s customer base has surpassed that of entrenched online brokerage E*Trade Financial Corp. (Nasdaq: ETFC), which spent 35 years accumulating 3.6 million customers.

  • [By Stephan Byrd]

    E-Trade (NASDAQ:ETFC) last announced its quarterly earnings data on Thursday, April 19th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.09. E-Trade had a net margin of 28.40% and a return on equity of 11.64%. The firm had revenue of $708.00 million during the quarter, compared to analyst estimates of $686.31 million. During the same quarter in the prior year, the firm posted $0.48 earnings per share. E-Trade’s quarterly revenue was up 28.0% on a year-over-year basis. equities research analysts predict that E-Trade will post 3.62 earnings per share for the current fiscal year.

Top 10 Safest Stocks To Own Right Now: Dunkin' Brands Group, Inc.(DNKN)

Advisors’ Opinion:

  • [By Daniel B. Kline]

    Dunkin’ Brands (NASDAQ:DNKN) has been steadily growing its store count in the United States and around the world. It added 71 new Dunkin’ Donuts and Baskin-Robbins locations in the first quarter with 56 of those being in the U.S.

  • [By ]

    Dunkin Brands (DNKN) : “I’m a holder of Dunkin. Below $60 I’d be a buyer.”

    Univar (UNVR) : “The chemical stocks are getting crushed. Let it come in. “

  • [By Ethan Ryder]

    Swiss National Bank lifted its position in Dunkin’ Brands (NASDAQ:DNKN) by 2.6% in the first quarter, HoldingsChannel reports. The firm owned 157,200 shares of the restaurant operator’s stock after purchasing an additional 4,000 shares during the quarter. Swiss National Bank’s holdings in Dunkin’ Brands were worth $9,383,000 at the end of the most recent reporting period.

  • [By ]

    TheStreet will not just be in the conversation with regards to earnings season, we will be leading the conversation (which we often do). Coming up Thursday interview-wise fresh off their earnings reports: (1) UPS (UPS) Chief Financial Officer; PepsiCo Chief Financial Officer Hugh Johnston; Dunkin Donuts (DNKN) CEO Nigel Travis; Hasbro (HAS) CEO Brian Goldner. Big day, big insights popping – so keep checking back on our site throughout the day.

  • [By Demitrios Kalogeropoulos]

    Dunkin’ Brands (NASDAQ:DNKN) is shrinking. The on-the-go coffee-and-doughnut chain announced quarterly results this past week that included a rare drop in sales at its existing locations.

  • [By Jeremy Bowman]

    Starbucks’ shift on straws is also a demonstration of the cultural differences between it and close competitors such as McDonald’s(NYSE:MCD) andDunkin’ Donuts(NASDAQ:DNKN). Both of those chains have some menu overlap with Starbucks, but the coffee siren distinguishes itself with its emphasis on ideas like being a welcoming “third place,” and with its social and environmental conscience. For comparison, Dunkin’ Donuts only recently said it would eliminate styrofoam cups by 2020. McDonald’s has notably refused to look into banning plastic straws; CEO Steve Easterbrook recently said that there isn’t any viable non-plastic alternative the company can use at the scale it needs.

Top 10 Safest Stocks To Own Right Now: Benitec Biopharma Limited(BNTC)

Advisors’ Opinion:

  • [By Shane Hupp]

    News headlines about BENITEC BIOPHAR/S (NASDAQ:BNTC) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news 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 positive one, with scores closest to one being the most favorable. BENITEC BIOPHAR/S earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the biotechnology company an impact score of 46.3493613805465 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

More Big Companies Beat Projections, But Wall Street Appears To Still Struggle

Companies keep churning out impressive earnings, but the market doesn’t seem to give them much credit. Instead, fear and caution remain the watchwords as the Dow Jones Industrial Average ($DJI) enters Wednesday on a five-session losing streak.

Morning Earnings Wrap

Boeing Co (NYSE: BA) became the latest member of the $DJI 30 to smash Wall Street analysts’ projections early Wednesday, firing up earnings per share of $3.64 vs. analysts’ consensus of $2.56. Revenue of $23.38 billion was more than $1 billion ahead of the $22.2 billion analysts had expected, and the company also raised its outlook. Strength in the commercial air division helped BA project a healthy sales picture.

Also on the earnings front, Twitter Inc. (NYSE: TWTR) topped analysts’ earnings projections and reported the second profitable quarter in the company’s history. It also handed out some bullish guidance and said daily active users grew 10 percent. The tech reporting season continues after the close when Facebook (FB) presents its Q1 results and tomorrow with Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT).

It’s unclear whether any of the earnings momentum will spill into stocks today as the futures market came under pressure before the opening bell. Stocks overseas followed the U.S. lower after Tuesday’s big sell-off, with a key European index down about 1 percent.

Market Psychology Ruling the Day?

The hunt for 3 percent ended Tuesday as the 10-year yield reached that benchmark level. Soon after, stocks started to take a beating and sharply reversed early gains. At one point, the $DJI stumbled more than 600 points before recovering about one-third of those losses by the end of the day. Concerns about higher borrowing costs and rising commodity prices may be playing into the pressure.

Wall Street also appears to be grappling with a few psychological issues. Most notably, there’s trepidation around that 3 percent yield number, which didn’t hold for long Tuesday but remains within close range.  It definitely seems to be hurting the home builders, whose shares sold off despite strong housing and consumer confidence data this week. The fear is that some people might hear about higher rates and decide not to buy a house after all. Home builders are dealing with something that’s more of a psychological factor than a reality factor, as “3 percent” was made out to be the boogeyman of the markets. Historically, though, it’s not all that high.

Another psychological element is the idea touted by some analysts about earnings starting to peak. This might have been exacerbated by Dow component Caterpillar Inc. (NYSE: CAT) post-earnings conference call in which executives described the Q1 as a “high water mark.” Despite what some analysts called “phenomenal” earnings from the big machine maker, CAT shares fell more than 6 percent. Here we see the power of a conference call. This stock was higher before the call, but the remark led to immediate selling as some investors seemed to interpret the language as CAT saying it can’t get any better than this. However, the remark might not have come out as the company had intended.

More proof that one negative metric can hold back a big company’s stock surfaced with Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) Tuesday. Though the company reported a powerful quarter, the stock got stuffed as investors and analysts seemed focused more on higher-than-expected capital expenditures.

The "P" and the "E" in P/E

What it all comes down to is a certain level of confusion, which could hang around for a while. There seems to be a repricing of equities going on and despite this being an incredible earnings season so far, stock prices keep going down. The price-to-earnings (P/E) multiple remains a key factor to watch. “E” keeps getting higher and “P” keeps getting lower. People just don’t seem to be inclined to pay the same “P” any longer. It’s unclear where this might go, and sometimes these things take six to 12 months to sort themselves out. We’re right in the middle of it now.

Anyone looking for a silver lining might want to check out how VIX, the market’s most closely watched volatility indicator, acted during the last hours of the day. If you look closely, you’d see that it pulled back a bit in the last part of the session from intraday highs above 19.

Next Up: Autos

Attention could shift to the automotive sector when Ford Motor Company (NYSE: F) reports after the close today and General Motors Company (NYSE: GM) issues results before the open Thursday. There’s a truckload (pardon the expression) of things to consider ahead of not just these two behemoths but also Tesla Inc. (NASDAQ: TSLA), which according to the company’s web site reports May 2.

First, Ford is embarking on a huge program to save $14 billion, but, like all car companies, faces pressure to ignite its research and development (R&D) efforts to keep up with advances in electric and autonomous cars. At this point, F, which has lower margins than GM, is actually spending more money on R&D than its Detroit counterpart. Anyone who’s long F should consider listening to the company’s earnings call to see if there’s more clarity on where those savings might come from, and what they’re going to chop if it’s not R&D. At this point, one school of thought suggests that F is spending too much and not getting enough bang for its buck, but perhaps we’ll learn more Wednesday.

A question for GM, and maybe the U.S. auto industry as a whole, is what’s happening in China. Not long ago, 50 percent of GM’s revenue came from China, but now that’s below 40 percent. The company has closed some plants there. Is the Chinese market not growing at the pace we thought, or is Buick getting less popular over there? It seems unlikely that the latter would be true, so perhaps there’s something about the former that GM might address in its call, and, if that’s the case, might be something other U.S. car companies also have to address.

TSLA doesn’t report until next week, but there may be questions for the company about its own R&D after an analyst note came out recently speculating about TSLA’s development costs. Some analysts doubt if TSLA can achieve the Model 3 production it’s promised in the time frame the company has forecast. TSLA announced two temporary Model 3 plant shutdowns last week but said the shutdowns had been planned.

Though TSLA’s cars don’t need it, crude oil comes under a microscope this week as President Trump holds meetings in the White House with French President Emmanuel Macron. The Iran nuclear agreement is a key topic.

chart_4_251.jpg FIGURE 1: HOW THINGS CHANGE. The tech sector (candlestick) and financial sector (purple line), mapped here over the last year, led the charge through much of 2017 and right into the first month of 2018. Since then, these two former leaders have seemed to lose their way, and that’s one possible reason the market lacks direction.  Data source: S&P Dow Jones Indices. Chart source: The thinkorswim® platform from TD Ameritrade. For illustrative purposes only. Past performance does not guarantee future results.

Buyers Pay Up in Chicago

Some call Chicago, “The most American city.” That may or may not be the case, but the city’s real estate market in March seemed to reflect some of the broader American trends in housing. Existing home prices rose more than 5 percent nationwide last month, and in the city of Chicago prices hit an all-time high median of $314,000, according to Illinois Association of Realtors. That was up more than 6 percent from a year earlier. However, total sales around the country fell more than 1 percent year-over-year, and Chicago’s market also saw less turnover, with the number of sales falling more than 10 percent. In sum, Chicago seemed to be a microcosm of a housing market characterized by rising prices and falling supplies. That might sound like a good opportunity for home builders, but rising mortgage rates raise question marks.

ECB Up Next

One thing that’s arguably helped hold back U.S. yields is lower yields in Europe and Japan. However, the European Central Bank (ECB) has been removing some stimulus and meets again this week. An update is due Thursday morning. The Bank of Japan (BOJ) seems inclined to stay put with its current accommodation, BOJ Governor Haruhiko Kuroda told CNBC in a recent interview, saying “risks are skewed to the downside” in Japan’s economy. 

GDP Time Already?

Earnings grab most of the headlines this week, but don’t forget to watch Friday for the government’s first read on Q1 gross domestic product. The report is due out before the opening bell and could give investors a sense of whether the economy continued its solid run that started in Q2 of last year. The consensus among analysts is that things slowed down a bit between January and March, to around 2.1 percent, Briefing.com said. That’s down from the final Q4 read of 2.9 percent, which marked the third-consecutive quarter of growth around 3 percent. Typically, GDP is closely watched but doesn’t tend to move the market unless it comes in well above or below expected levels. The government does get two more cracks at the ball, so this isn’t the final word.

Information from TDA is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade.

Upcoming Earnings: Industrial Conglomerate GE Reports Friday Morning

Industrial conglomerate General Electric Company (NYSE: GE) is scheduled to report earnings before market open on Friday, Apr. 20.

CEO John Flannery has faced plenty of challenges since he took over in August 2017, working to streamline the massive company and improve transparency. In recent quarters, GE’s issues have been numerous and well publicized.

In the time that Flannery has been at the helm, GE has halved its dividend; it took a surprise $6.2 billion after-tax charge in Q4 2017 related to GE Capital’s insurance portfolio, while adding $15 billion to its reserves  for future payouts over the next seven years; and recently restated 2016 and 2017 financials, reducing earnings by $0.30 per share. The restated financials also included adjustments related to pensions, cash flows and income taxes.

Clearly, the company’s turnaround efforts, which include a multi-year plan to improve GE Power as well as exiting more than $20 billion worth of business over the next several years, are going to take time.

There have been some signs of progress from Flannery’s plan so far. When GE reported Q4 2017 results, it generated $9.7 billion in adjusted cash flow from operating activities for fiscal 2017, compared to guidance of $7 billion.

Since announcing plans to exit $20 billion in business, it has sold its industrial solution business in a $2.6 billion deal to ABB (ABB) and recently announced a $1.05 billion deal to sell healthcare IT businesses to private equity firm Veritas.  And Bloomberg reported that several companies are considering a bid for GE’s Jenbacher unit for more than $3 billion.

On tomorrow’s calls, analysts are likely to be digging in to get a better idea of restructuring progress.

GE Earnings

For Q1 2018, GE is expected to report adjusted EPS of $0.11 on revenue of $27.88 billion, according to third-party consensus estimates. In Q4 2017, revenue missed estimates, coming in at $31.4 billion versus expectations for $32.7 billion, and earnings also came up short by a penny at $0.27 per share after removing charges and one-time items.

GE previously lowered its earnings guidance for all of fiscal 2018 to a range of $1.00 to $1.07, but analysts seem to think that’s a little optimistic given they have an average estimate of $0.95. Out of 17 analyst ratings, earnings estimates range from $0.87 to $1.04 per share.

GE Options Trading Activity

Around GE’s upcoming report, options traders have priced in a 4.8% share price move in either direction, according to the Market Maker Move indicator on the thinkorswim® platform. Implied volatility was at the 76th percentile as of this morning. 

general-electric-ge-stock-chart-q1-2018.png
GE 1-YEAR CHART. GE shares have dropped from a 52-week high of $30.54 all the way to a new 52-week low of $12.73 on March 26. The stock has bounced a little bit off that level and has been trading around the mid-$13 range for the past few sessions. Chart source: thinkorswim® by TD Ameritrade.  Not a recommendation. For illustrative purposes only. Past performance does not guarantee future results.

In short-term trading at the Apr. 20 monthly expiration and the next several weekly expirations, a lot of the activity has been concentrated at the 14 strike for both puts and calls, just out of the money. At the May 20 expiration, trading has also been heavier at the 14-strike call, while activity on the put side has been mostly at the 13 and 14 strikes. 

Overall during yesterday’s session, trading was heavier on the call side, with a put/call ratio of 0.476.

Note: Call options represent the right, but not the obligation, to buy the underlying security at a predetermined price over a set period of time. Put options represent the right, but not the obligation to sell the underlying security at a predetermined price over a set period of time.

What’s Coming Up

Next week brings results from many of the largest companies in the tech sector:

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reports after the close Monday, Apr. 23
Twitter (NYSE: TWTR) reports before market open Wednesday, Apr. 25 and Facebook, Inc. (NASDAQ: FB) reports after the close the same day
Microsoft Corporation (NASDAQ: MSFT), Intel Corporation (NASDAQ: INTC) and Amazon.com, Inc. (NASDAQ: AMZN) report after the close Thursday, Apr. 26

In addition to the tech-heavy week, some of the other companies on the docket are Verizon Communications Inc. (NYSE: VZ), AT&T Inc. (NYSE: T), Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Caterpillar Inc (NYSE: CAT), Boeing Co (NYSE: BA), Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM). If you have time, make sure to check out today’s market update for a look at what else is going on.

Information from TDA is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade.