1. Topsy-turvy stocks: The volatility of the past few trading days could continue into Wednesday.
U.S. stock futures are moving down, indicating all the major indexes could drop by about 1% at the open.
Meanwhile, European markets are in recovery mode after falling by 2% to 3% on Tuesday.
News that German Chancellor Angela Merkel had struck a deal with her center-left rivals to form a coalition government could be supporting market sentiment. The breakthrough follows four months of uncertainty.
Asian markets ended with mixed results. The Shanghai Composite dropped by 1.8% on Wednesday. It’s lost as much as 8% since a recent peak in late January.
On Tuesday, after a gut-wrenching drop in the morning, U.S. markets staged a big recovery. The Dow Jones industrial average closed with a 2.3% gain, while the S&P 500 rose 1.7% and the Nasdaq surged by 2.1%.
2. Wynn steps down: Steve Wynn has stepped down as CEO of Wynn Resorts after allegations of sexual misconduct piled pressure on the billionaire casino mogul and sent the company’s stock tumbling.
Hot Casino Stocks To Invest In 2019: National CineMedia, Inc.(NCMI)
Advisors’ Opinion:
- [By Stephan Byrd]
National CineMedia, Inc. (NASDAQ:NCMI) President Clifford E. Marks sold 30,237 shares of National CineMedia stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $10.00, for a total value of $302,370.00. Following the completion of the sale, the president now directly owns 526,868 shares in the company, valued at approximately $5,268,680. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
- [By Lisa Levin] Gainers
Twin Disc, Incorporated (NASDAQ: TWIN) shares surged 24.34 percent to close at $28.86 following Q3 earnings.
Bioblast Pharma Ltd. (NASDAQ: ORPN) rose 21.89 percent to close at $2.45.
Evolus, Inc. (NASDAQ: EOLS) gained 20.19 percent to close at $8.75. Evolus named David Moatazedi as new CEO.
VivoPower International PLC (NASDAQ: VVPR) rose 18.56 percent to close at $3.13 on Monday after falling 39.86 percent on Friday.
CEL-SCI Corporation (NYSE: CVM) gained 17.09 percent to close at $2.74.
athenahealth, Inc. (NASDAQ: ATHN) shares jumped 16.39 percent to close at $146.75 on Monday after Elliott Management confirmed a $160 per share cash offer for athenahealth.
Gramercy Property Trust (NYSE: GPT) rose 15.45 percent to close at $27.50 after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share.
National CineMedia, Inc. (NASDAQ: NCMI) surged 15.23 percent to close at $6.43 after the company posted upbeat quarterly profit.
Turtle Beach Corporation (NASDAQ: HEAR) rose 14.53 percent to close at $7.33
CohBar, Inc. (NASDAQ: CWBR) gained 14.36 percent to close at $6.29.
Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH) gained 12.69 percent to close at $3.64.
Gannett Co., Inc. (NYSE: GCI) gained 12.27 percent to close at $10.89 following Q1 results.
CVR Refining, LP (NYSE: CVRR) shares climbed 9.8 percent to close at $19.05.
Illumina, Inc. (NASDAQ: ILMN) rose 4.93 percent to close at $256.89. Barclays upgraded Illumina from Equal-Weight to Overweight.
Cloudera, Inc. (NYSE: CLDR) surged 3.92 percent to close at $15.63. Craig-Hallum initiated coverage on Cloudera with a Buy rating. - [By Lisa Levin] Gainers
athenahealth, Inc. (NASDAQ: ATHN) shares climbed 23.2 percent to $155.19 after Elliott Management confirmed a $160 per share cash offer for athenahealth.
Evolus, Inc. (NASDAQ: EOLS) gained 21.3 percent to $8.83. Evolus named David Moatazedi as new CEO.
VivoPower International PLC (NASDAQ: VVPR) climbed 18.2 percent to $3.12 after falling 39.86 percent on Friday.
Gramercy Property Trust (NYSE: GPT) rose 15.6 percent to $27.53 after the company agreed to be acquired by Blackstone Group L.P. (NYSE: BX) for $27.50 per share.
EP Energy Corporation (NYSE: EPE) rose 13 percent to $2.26.
Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) gained 11.9 percent to $7.35.
National CineMedia, Inc. (NASDAQ: NCMI) surged 11.8 percent to $6.24 after the company posted upbeat quarterly profit.
Sanchez Energy Corporation (NYSE: SN) shares gained 11.3 percent to $3.56.
CVR Refining, LP (NYSE: CVRR) shares rose 8.8 percent to $18.875.
Monaker Group, Inc. (NASDAQ: MKGI) rose 8.7 percent to $2.9683.
Kosmos Energy Ltd. (NYSE: KOS) shares rose 7.4 percent to $7.40.
Ceragon Networks Ltd. (NASDAQ: CRNT) rose 7 percent to $2.88 after climbing 1.89 percent on Friday.
Cloudera, Inc. (NYSE: CLDR) surged 6 percent to $15.93. Craig-Hallum initiated coverage on Cloudera with a Buy rating.
Illumina, Inc. (NASDAQ: ILMN) rose 5.1 percent to $257.35. Barclays upgraded Illumina from Equal-Weight to Overweight.Check out these big penny stock gainers and losers
- [By Logan Wallace]
Get a free copy of the Zacks research report on National CineMedia (NCMI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By WWW.GURUFOCUS.COM]
For the details of Standard General L.P.’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Standard+General+L.P.
These are the top 5 holdings of Standard General L.P.National CineMedia Inc (NCMI) – 14,387,113 shares, 83.65% of the total portfolio. Shares added by 8.59%Turning Point Brands Inc (TPB) – 455,319 shares, 9.92% of the total portfolio. Shares added by 49.13%CafePress Inc (PRSS) – 2,500,000 shares, 3.77% of the total portfolio. Emmis Communications Corp (EMMS) – 515,231 shares, 2.66% of the total portfolio. Added: Turnin
Hot Casino Stocks To Invest In 2019: PCM, Inc.(PCMI)
Advisors’ Opinion:
- [By Ethan Ryder]
PCM (NASDAQ: PCMI) and Insight Enterprises (NASDAQ:NSIT) are both small-cap consumer discretionary companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, valuation, risk and dividends.
- [By ]
2. PCM, Inc. (Nasdaq: PCMI)
Talk about a value and momentum monster! This multi-vendor provider of technology solutions surged higher by an astounding 134% in 2018 alone. - [By Lisa Levin]
Thursday morning, the information technology shares gained 1.72 percent. Meanwhile, top gainers in the sector included PCM, Inc. (NASDAQ: PCMI), up 17 percent, and Advanced Micro Devices, Inc. (NASDAQ: AMD), up 13 percent.
- [By Max Byerly]
TheStreet upgraded shares of PCM (NASDAQ:PCMI) from a c rating to a b- rating in a report released on Wednesday.
PCMI has been the topic of several other reports. Roth Capital upped their price target on shares of PCM from $24.20 to $29.60 and gave the stock a buy rating in a research report on Thursday. B. Riley upped their price target on shares of PCM from $25.00 to $27.00 and gave the stock a buy rating in a research report on Thursday, October 25th. Zacks Investment Research raised shares of PCM from a hold rating to a buy rating and set a $19.00 price target on the stock in a research report on Wednesday, October 24th. ValuEngine lowered shares of PCM from a hold rating to a sell rating in a research report on Friday, December 21st. Finally, BidaskClub raised shares of PCM from a hold rating to a buy rating in a research report on Tuesday, January 29th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $26.87.
Hot Casino Stocks To Invest In 2019: Civeo Corporation(CVEO)
Advisors’ Opinion:
- [By Logan Wallace]
Civeo Corp (NYSE:CVEO)’s share price was up 5.8% during trading on Tuesday . The stock traded as high as $3.53 and last traded at $3.48. Approximately 766,001 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 754,849 shares. The stock had previously closed at $3.29.
- [By Steve Symington]
Still, several individual companies easily outran the broader market. Read on to learn why shares of ManTech International (NASDAQ:MANT), Civeo (NYSE:CVEO), and Deutsche Bank (NYSE:DB) each climbed higher today.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
World Fuel Services Corporation (NYSE: INT) tumbled 18 percent to $22.90 following Q1 results.
Biglari Holdings Inc. (NYSE: BH) fell 17.4 percent to $349.52. Washington Prime Group will replace Biglari Holdings in the S&P SmallCap 600 on Tuesday, May 1.
Flex Ltd. (NASDAQ: FLEX) dipped 15.7 percent to $14.03 after a mixed fourth quarter report.
FormFactor, Inc. (NASDAQ: FORM) fell 15.3 percent to $11.65. FormFactor is expected to release Q1 results on May 2.
Data I/O Corporation (NASDAQ: DAIO) dropped 14.3 percent to $6.24 following Q1 results.
National Instruments Corporation (NASDAQ: NATI) fell 14.3 percent to $ 42.34 after reporting Q1 results.
United States Steel Corporation (NYSE: X) dipped 14.2 percent to $32.37 following Q1 results.
Civeo Corporation (NYSE: CVEO) dropped 13.5 percent to $3.33. Civeo posted a Q1 loss of $0.42 per share on sales of $101.504 million.
athenahealth, Inc. (NASDAQ: ATHN) fell 12.4 percent to $125.310 after reporting Q1 results.
Charter Communications, Inc. (NASDAQ: CHTR) shares tumbled 12.1 percent to $262.06 as the company posted Q1 results.
Value Line, Inc. (NASDAQ: VALU) fell 11.3 percent to $19.10.
Federated Investors, Inc. (NYSE: FII) shares dropped 11.2 percent to $27.605 after the company posted downbeat quarterly earnings.
AV Homes, Inc. (NASDAQ: AVHI) declined 10.7 percent to $17.20 following Q1 results.
CalAmp Corp. (NASDAQ: CAMP) dropped 9.4 percent to $21.01 after reporting Q4 results.
Tandem Diabetes Care, Inc. (NASDAQ: TNDM) shares fell 8.9 percent to $7.280 following mixed Q1 results.
Sony Corporation (NYSE: SNE) shares fell 8.4 percent to $45.97 after reporting Q4 results.
LogMeIn Inc (NASDAQ: LOGM) fell 8.2 percent to $109.825. LogMeIn reported upbeat earnings for its first quarter, but issued weak second quarter and FY18 earning guidance.
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO - [By Shane Hupp]
Civeo (NYSE:CVEO) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
Hot Casino Stocks To Invest In 2019: Gerdau S.A.(GGB)
Advisors’ Opinion:
- [By Matthew DiLallo]
Shares of Gerdau (NYSE:GGB) tumbled more than 10% by 2:45 p.m. EDT Thursday in what was a tumultuous day for stocks in Brazil. The Brazil-based steel company sold off along with that country’s stock market amid fears that the recent trucker strike could have a deep impact on the economy.
- [By Shane Hupp]
AMG Funds LLC lessened its stake in Gerdau (NYSE:GGB) by 12.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 256,979 shares of the basic materials company’s stock after selling 35,501 shares during the quarter. AMG Funds LLC’s holdings in Gerdau were worth $1,198,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Shares of Gerdau SA (NYSE:GGB) have been given an average recommendation of “Buy” by the nine analysts that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $4.00.
- [By Logan Wallace]
Gerdau (NYSE:GGB) has been assigned an average recommendation of “Buy” from the eleven analysts that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $4.00.
- [By Max Byerly]
Gerdau (NYSE:GGB) fell 7.6% on Tuesday . The stock traded as low as $3.99 and last traded at $4.00. 20,132,700 shares were traded during mid-day trading, an increase of 80% from the average session volume of 11,155,967 shares. The stock had previously closed at $4.33.
Hot Casino Stocks To Invest In 2019: Enviva Partners, LP(EVA)
Advisors’ Opinion:
- [By Matthew DiLallo]
Three companies well positioned to benefit from this renewable powered growth are NextEra Energy Partners (NYSE:NEP), Pattern Energy Group (NASDAQ:PEGI), and Enviva Partners LP (NYSE:EVA). That’s why they’re at the top of my renewable-stock watchlist. Here’s what I’m currently watching at each one before potentially adding them to my portfolio.
- [By Tyler Crowe]
Typically when a company experiences an “act of God” event like a fire or a flood, investors can shrug off the issue. This past quarter, though, a fire at one of Enviva Partners’ (NYSE:EVA) export terminals exposed something incredibly important about the business and some of management’s recent decisions.
- [By Max Byerly]
Kayne Anderson Capital Advisors LP lifted its holdings in Enviva Partners LP (NYSE:EVA) by 94.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 445,600 shares of the energy company’s stock after purchasing an additional 216,168 shares during the period. Kayne Anderson Capital Advisors LP’s holdings in Enviva Partners were worth $12,960,000 at the end of the most recent reporting period.