On Saturday Benzinga ran a poll on Twitter asking whether people think Bitcoin (CRYPTO: BTC) would hit $50,000 this weekend. As of Sunday afternoon 71% of respondents chose ‘yes.’ Although Bitcoin may need a few days for further consolidation as the apex cryptocurrency looks to be preparing for another run north.
See Also: Is Bitcoin a good investment in 2021?
The Bitcoin Chart: Bitcoin has settled into a bull flag pattern with the pole created between Aug. 19 and Aug. 20 and the flag between Saturday and Sunday. If Bitcoin breaks up bullishly from the formation the implied measured move could see Bitcoin trade about 12.5% higher to the $54,130 level. The measured move of a bull flag pattern is taken by measuring the length of the pole and adding the same percentage or dollar value to the lowest price within the flag pattern.
The consolidation into the flag formation has helped Bitcoin to cool off its relative strength index (RSI) which was approaching the 70% level on Friday. When a crypto or stock’s RSI reaches over the 70% level it is a sell signal for technical traders. When Bitcoin reached an RSI of over 70% on July 30, Aug. 7, Aug. 9 and Aug. 13 sellers came in and dropped the crypto into consolidation.
Best Value Stocks To Watch Right Now: Digital Realty Trust Inc.(DLR)
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. The company?s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty?s portfolio consisted of 75 properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has elected to be treated as a REIT for federal income tax purpo ses and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and Phoenix, as well as in Dublin, London, and Paris.
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Top five holdings at present include telecommunications REITs American Tower (AMT) and Crown Castle International (CCI), data center REIT Digital Realty Trust (DLR), as well asPrologis and Equinix. While the exclusion of mortgage REITs results in this Schwab ETF having a slightly lower yield than some of its peers, it also enhances the safety of its portfolio by minimizing the impact of rising interest rates.
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It’s not alone. Digital Realty Trust (NYSE: DLR), another popular option for investors in this space,has delivered a market-beating return of 380% over the past decade.
- [By Motley Fool Transcribers]
Digital Realty Trust Inc (NYSE:DLR)Q42018 Earnings Conference CallFeb. 05, 2019, 5:30 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Garrett Baldwin]
Click here to learn more…
Stocks to Watch Today: DIS, TMUS, BP, S
Shares of Walt Disney Co. (NYSE: DIS) will lead a busy day of earnings reports. Wall Street is expecting a small decline in revenue for the first quarter. Disney is still in the process of absorbing most of Fox’s assets from a deal last June. In addition, Disney will be launching its streaming service, Disney+, and investors will be looking for updates on the project. In deal news, T-MobileU.S. Inc. (NYSE: TMUS) is looking to sweeten an offer to regulators to ensure a merger with rival Sprint Corp. (NYSE: S). The telecom giant told the U.S. Federal Communications Commission that it would freeze the prices of many plans if it receives approval for a deal. T-Mobile has offered $26 billion to buy Sprint. Shares of BP Plc. (NYSE: BP) rallied more than 3.7% after the global energy giant topped 2018 earnings expectations. The firm’s big bets on shale developments have paid off. Profitability more than doubled over the previous year, while production topped out at 3.7 million barrels per day. Look for earnings reports from Allstate Corp.(NYSE: ALL), Anadarko Petroleum Corp. (NYSE: APC), Archer Daniels Midland Co. (NYSE: ADM), Becton, Dickenson & Co. (NYSE: BDX), BP Plc.(NYSE: BP), Chubb Ltd.(NYSE: CB), Digital Realty Trust (NYSE: DLR), Emerson Electric Co. (NYSE: EMR), Estee Lauder Co. Inc. (NYSE: EL), Lazard Ltd.(NYSE: LAZ), Pitney Bowes Inc. (NYSE: PBI), Plains All American Pipeline LP (NYSE: PAA), Ralph Lauren Corp. (NYSE: RL), Snap Inc. (NYSE: SNAP), and Tableau Software Inc. (NASDAQ: DATA).
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Best Value Stocks To Watch Right Now: Apartment Investment and Management Company(AIV)
Apartment Investment and Management Company (Aimco), incorporated on January 10, 1994, is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its wholly owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns the ownership interests in the Aimco Operating Partnership. The Company operates through two segments: conventional real estate and affordable real estate. The Company owns and operates a portfolio of market-rate apartment communities. As of December 31, 2014, the Companys conventional portfolio consisted of 144 apartment communities with 43,393 apartment homes in , which it held an average ownership of approximately 97%. It also operates a portfolio of affordable apartment communities, which consists of apartments with rents that are generally paid, in whole or part, by a government agency. As of December 31, 2014, its affordable portfolio consisted of 59 apartment communities with 8,943 apartment homes in , which it held an average ownership of approximately 93%.
Conventional Real Estate
The Companys conventional segment consists of apartment communities it classifies as Conventional Same Store, Conventional Redevelopment and Other Conventional apartment communities. As of December 31, 2014, Conventional Same Store portfolio, Conventional Redevelopment portfolio and its Other Conventional portfolio consisted of 103, 7 and 28 apartment communities with 36,720, 2,891 and 3,393 apartment homes, respectively.
Affordable Real Estate
The Companys affordable segment consists of apartment communities it classifies as Affordable Same Store or Other Affordable. Affordable Same Store apartment communities are those that are subject to tax credit agreements and that have reached and maintained a stabilized occupancy during the current year and prior year-to-date periods. As of December 31, 2014, Affordable Same Store portfolio and Other Affordable portfolio consisted of 44 and five apartment communities wi! th 7,111 and 969 apartment homes, respectively.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Apartment Investment and Management (AIV)
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- [By Ethan Ryder]
Green Street Investors LLC raised its holdings in Apartment Investment and Management Co (NYSE:AIV) by 14.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,250 shares of the real estate investment trust’s stock after acquiring an additional 28,000 shares during the quarter. Apartment Investment and Management comprises approximately 5.5% of Green Street Investors LLC’s holdings, making the stock its 7th largest position. Green Street Investors LLC owned about 0.14% of Apartment Investment and Management worth $9,708,000 at the end of the most recent quarter.
- [By Money Morning News Team]
Apartment Investment and Management Co. (NYSE: AIV) is one of the largest REITs that deals with apartments, covering 17 U.S. states and 130 communities.
- [By Shane Hupp]
Apartment Investment and Management Co (NYSE:AIV) CEO Terry Considine sold 100,000 shares of the company’s stock in a transaction dated Monday, February 11th. The shares were sold at an average price of $49.28, for a total transaction of $4,928,000.00. Following the sale, the chief executive officer now owns 378,365 shares of the company’s stock, valued at $18,645,827.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Best Value Stocks To Watch Right Now: Makita Corporation (MKTAY)
Makita Corporation is engaged in the business of production and sale of electric power tools, woodworking machines, pneumatic tools, gardening equipment and household equipment. The Company manufactures and sells portable electric planers. The Company’s segments are Japan, Europe, North America, Asia and Other area. Its other areas include Central and South America, The Middle East and Africa, and Oceania. The Company’s product categories include cordless, drilling/fastening, impact drilling/demolition, cutting (new material/masonry), cutting (metal), grinding/sanding, sawing, planing/routering, pneumatic tools, outdoor power equipment, dust extraction and others. Its subsidiaries include Makita U.S.A. Inc., Makita (U.K.) Ltd., Makita Werkzeug GmbH, Makita Oy, Makita (China) Co., Ltd. and Makita (Kunshan) Co., Ltd., among others.
- [By Ethan Ryder]
Makita (OTCMKTS:MKTAY) was upgraded by analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.
- [By Ethan Ryder]
Makita Co. (OTCMKTS:MKTAY) – Research analysts at Jefferies Financial Group cut their FY2023 earnings estimates for Makita in a note issued to investors on Monday, August 20th. Jefferies Financial Group analyst S. Fukuhara now expects that the company will post earnings per share of $2.66 for the year, down from their previous estimate of $2.72.
Best Value Stocks To Watch Right Now: Imprimis Pharmaceuticals, Inc.(IMMY)
Imprimis Pharmaceuticals, Inc. engages in the development, production, and dispensing of proprietary compounded pharmaceutical products to physicians and patients in the United States. It owns, markets, and sells a portfolio of proprietary combination formulations in the areas of ophthalmology, otolaryngology, urology, and infectious diseases therapeutic areas. The company also provides compounded therapeutic alternatives; and non-proprietary customizable compounded drugs for humans and animals, including sterile injectable and non-sterile integrative medicine therapies for oncology, autoimmunity, chronic infectious, and endocrine and metabolic diseases. In addition, it develops formulations in the areas of wound healing and dermatology therapeutic areas. The company was formerly known as Transdel Pharmaceuticals, Inc. and changed its name to Imprimis Pharmaceuticals, Inc. in February 2012. Imprimis Pharmaceuticals, Inc. was founded in 1998 and is headquartered in San Diego, California.
- [By Lisa Levin] Gainers
Blink Charging Co. (NASDAQ: BLNK) shares jumped 26.5 percent to $6.9042. Blink Charging reported Q1 net income of $2.2 million, versus a year-ago net loss of $3.1 million.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares climbed 17.4 percent to $3.11. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
Flanigan's Enterprises, Inc. (NYSE: BDL) shares jumped 17 percent to $27.97 following Q2 results. Flanigan's Enterprises posted Q2 earnings of $0.75 per share on sales of $29.456 million.
Borqs Technologies, Inc. (NASDAQ: BRQS) rose 15.8 percent to $8.05 after reporting Q1 results.
Abaxis, Inc. (NASDAQ: ABAX) jumped 15.3 percent to $82.75. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
21Vianet Group, Inc. (NASDAQ: VNET) gained 15.1 percent to $6.33.
Gemphire Therapeutics Inc. (NASDAQ: GEMP) rose 13.8 percent to $6.27.
Enphase Energy, Inc. (NASDAQ: ENPH) gained 12.8 percent to $5.98. H.C. Wainwright initiated coverage on Enphase Energy with a Buy rating.
PetIQ Inc (NASDAQ: PETQ) shares surged 12.1 percent to $21.68 after reporting a first-quarter sales beat.
NF Energy Saving Corporation (NASDAQ: NFEC) climbed 11.6 percent to $2.399.
Allied Healthcare Products, Inc. (NASDAQ: AHPI) surged 11.4 percent to $3.0643.
Boot Barn Holdings, Inc. (NYSE: BOOT) gained 11.1 percent to $24.40 after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
Ascena Retail Group, Inc. (NASDAQ: ASNA) rose 10.9 percent to $3.16.
Sea Limited (NYSE: SE) gained 10.1 percent to $11.71 after reporting Q1 results.
GEE Group, Inc. (NYSE: JOB) climbed 7.9 percent to $2.61 following Q2 results.
The ONE Group Hospitality, Inc. (NASDAQ: STKS) gained 7.6 percent to $2.41 after reporting Q1 results.
Biolinerx Ltd/S ADR (NASDAQ: BLRX) rose 7.3 percent to $0.8798 after the company was granted a patent approval. The clinical-st
- [By Lisa Levin] Gainers
Boot Barn Holdings, Inc. (NYSE: BOOT) rose 15.6 percent to $25.40 in pre-market trading after the company reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
Abaxis, Inc. (NASDAQ: ABAX) rose 15.3 percent to $82.75 in pre-market trading. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) rose 12.6 percent to $8.95 in pre-market trading after reporting Q1 results.
Micro Focus International plc (NYSE: MFGP) shares rose 8.8 percent to $18.59 in the pre-market trading session after the company issued strong revenue forecast for the first fiscal half of 2018.
HC2 Holdings, Inc. (NASDAQ: HCHC) rose 5.6 percent to $6.60 in pre-market trading.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) shares rose 5.3 percent to $2.79 in pre-market trading. Eleven Biotherapeutics posted a Q1 loss of $0.11 per share.
Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) rose 5.2 percent to $2.52 in pre-market trading after reporting a first-quarter sales beat.
Red Violet, Inc. (NASDAQ: RDVT) rose 4.1 percent to $10.35 in pre-market trading after climbing 75.31 percent on Tuesday.
Xenon Pharmaceuticals Inc (NASDAQ: XENE) rose 3.8 percent to $6.90 in pre-market trading. The stock rose over 10 percent Tuesday after reporting its Phase 1 clinical update on XEN901 demonstrated a favorable PK profile.
Sea Limited (NYSE: SE) rose 3.5 percent to $11.01 in pre-market trading after reporting Q1 results.
Teva Pharmaceutical Industries Limited (NYSE: TEVA) shares rose 3.4 percent to $20.98 in pre-market trading after Buffett's Berkshire more than doubled its stake in Teva.
China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) shares rose 3.7 percent to $31.30 in pre-market trading after the company reported results for its fourth quarter.
PetIQ Inc (NASDAQ: PETQ) shares rose 3.4 percent to $20.00 in pre-market t
- [By Stephan Byrd]
Headlines about Imprimis Pharmaceuticals (NASDAQ:IMMY) have been trending positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Imprimis Pharmaceuticals earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the specialty pharmaceutical company an impact score of 47.393314841388 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.