Tag Archives: FCX

Best Heal Care Stocks To Invest In Right Now

SG Americas Securities LLC trimmed its holdings in shares of Spire Inc (NYSE:SR) by 70.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,202 shares of the utilities provider’s stock after selling 10,162 shares during the quarter. SG Americas Securities LLC’s holdings in Spire were worth $304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Advisor Group Inc. increased its position in shares of Spire by 62.0% during the fourth quarter. Advisor Group Inc. now owns 2,635 shares of the utilities provider’s stock valued at $198,000 after acquiring an additional 1,008 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Spire by 52.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,780 shares of the utilities provider’s stock valued at $209,000 after acquiring an additional 955 shares during the last quarter. Parametrica Management Ltd purchased a new stake in shares of Spire during the fourth quarter valued at approximately $222,000. Zeke Capital Advisors LLC purchased a new stake in shares of Spire during the fourth quarter valued at approximately $227,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Spire by 42.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 4,841 shares of the utilities provider’s stock valued at $364,000 after acquiring an additional 1,433 shares during the last quarter. 81.83% of the stock is owned by institutional investors.

Best Heal Care Stocks To Invest In Right Now: PDC Energy, Inc.(PDCE)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on PDC Energy (PDCE)

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

  • [By Logan Wallace]

    News articles about PDC Energy (NASDAQ:PDCE) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing 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 nearest to one being the most favorable. PDC Energy earned a news impact score of 0.12 on Accern’s scale. Accern also gave news articles about the energy producer an impact score of 46.6251700229584 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on PDC Energy (PDCE)

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

Best Heal Care Stocks To Invest In Right Now: Ameresco, Inc.(AMRC)

Advisors’ Opinion:

  • [By Logan Wallace]

    Ameresco Inc (NYSE:AMRC) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $13.17.

  • [By Max Byerly]

    Ameresco Inc (NYSE:AMRC) has earned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $13.17.

Best Heal Care Stocks To Invest In Right Now: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By Paul Ausick]

    Copper and gold mining giant Freeport-McMoRan Inc. (NYSE: FCX) has taken the first step in transferring control of its massive Grasberg copper mine to the Indonesian government. The company has signed a nonbinding heads of agreement with Indonesia’s state-owned Inalum that ultimately will result in Inalum taking an ownership stake of 51% in world’s largest copper mine.

  • [By ]

    As Caterpillar sank, so too did Cummins Inc. (CMI) , down 4.5%, Cree Inc. (CREE) , down 2.5%, Crane Co. (CR) , down 8% and Freeport McMoRan (FCX) , down 14.5%.

  • [By Rich Smith]

    Shares of copper and gold miner Freeport-McMoRan (NYSE:FCX)were sliding this morning, but don’t be fooled: The news on Freeport today is good, not bad.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Freeport McMoran Inc. (NYSE: FCX) which traded down over 7% at $17.97. The stocks 52-week range is $11.05 to $20.25. Volume was over 24 million compared to the daily average volume of 18 million.

  • [By ]

    “But on days like today you have to look. You have to say that Caterpillar may not have been as articulate as it would have liked and that perhaps they should have explained that they haven’t seen peak revenues, which is how I read it. I think 3M was just trying to temper expectations so they could beat them. Freeport’s (FCX) a political mess.”

  • [By Matthew DiLallo]

    Freeport-McMoRan (NYSE:FCX) is the largest publicly traded copper producer in the world. Because of that, the company unsurprisinglymakes most of its money on copper.

Best Heal Care Stocks To Invest In Right Now: TE Connectivity Ltd.(TEL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    TE Connectivity Ltd (NYSE:TEL) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 1,536 call options on the stock. This represents an increase of 1,296% compared to the typical daily volume of 110 call options.

  • [By Logan Wallace]

    United Capital Financial Advisers LLC boosted its position in TE Connectivity Ltd (NYSE:TEL) by 18.5% during the 1st quarter, HoldingsChannel reports. The fund owned 11,098 shares of the electronics maker’s stock after acquiring an additional 1,736 shares during the quarter. United Capital Financial Advisers LLC’s holdings in TE Connectivity were worth $1,109,000 as of its most recent SEC filing.

  • [By Max Byerly]

    Achmea Investment Management B.V. increased its stake in TE Connectivity Ltd (NYSE:TEL) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 235,540 shares of the electronics maker’s stock after purchasing an additional 6,726 shares during the quarter. Achmea Investment Management B.V. owned approximately 0.07% of TE Connectivity worth $18,665,000 as of its most recent filing with the Securities and Exchange Commission.

Best Heal Care Stocks To Invest In Right Now: Energy Select Sector SPDR ETF (XLE)

Advisors’ Opinion:

  • [By Logan Wallace]

    Slate Path Capital LP purchased a new position in Energy Select Sector SPDR (NYSEARCA:XLE) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,500,000 shares of the exchange traded fund’s stock, valued at approximately $101,115,000. Energy Select Sector SPDR accounts for approximately 6.5% of Slate Path Capital LP’s investment portfolio, making the stock its 6th biggest position. Slate Path Capital LP owned about 0.60% of Energy Select Sector SPDR as of its most recent SEC filing.

  • [By ]

    When we compare the energy sectors recent run to the S&P 500, its not even close. The Energy Select Sector SPDR (NYSE:XLE) has jumped more than 20% since Sept. 1. The S&P is up a little more than 10% over the same timeframe.

  • [By Chris Johnson]

    Yesterday, I recommended SPDR Energy Select Sector ETF (NYSE Arca: XLE) shares as one of the “Best in Breed,” a screaming buy according to my proprietary system.

Top 5 Low Price Stocks To Own For 2019

Canadian plane maker Bombardier (BDRAF) scored a huge win in its ongoing trade dispute with Boeing.

The U.S. International Trade Commission voted unanimously Friday that Boeing (BA)was not harmed by Bombardier and its all-new C Series jet.

The vote effectively shelves two tariffs, totaling nearly 300%, that the U.S. Commerce Department wanted to impose on Bombardier.

Boeing, the American aerospace giant, claims Canada’s Bombardier unfairly benefited from government bailout subsidies. Boeing says those funds allowed Bombardier to sell its new C Series airliner to Delta Air Lines (DAL) at “absurdly low prices” in violation of U.S. trade rules.

Delta in 2016 ordered up to 125 of the 110-seat C Series jets. Deliveries were expected to begin in spring 2018, but those plans are in question pending the outcome of the case.

While Boeing’s claims of harm come as the Trump administration strikes an aggressive posture on trade, the ITC’s appointees were all chosen by either Presidents Barack Obama or George W. Bush.

Top 5 Low Price Stocks To Own For 2019: iShares MSCI Europe Financials Sector Index Fund(EUFN)

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    The iShares MSCI Europe Financials ETF (NASDAQ: EUFN) is down just over 1 percent year-to-date. While it's not alarming decline by any mean, it's a broad view: a more focused look at EUFN reveals the exchange traded fund resides about 11 percent below the 52-week high it set in February.

Top 5 Low Price Stocks To Own For 2019: ClearSign Combustion Corporation(CLIR)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Press coverage about Clearsign Combustion (NASDAQ:CLIR) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Clearsign Combustion earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.3610235421976 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

  • [By Stephan Byrd]

    Headlines about Clearsign Combustion (NASDAQ:CLIR) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Clearsign Combustion earned a news impact score of 0.03 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.3826189369742 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Top 5 Low Price Stocks To Own For 2019: Long Island Iced Tea Corp. (LTEA)

Advisors’ Opinion:

  • [By Garrett Baldwin]

    William may be right about a sell-off in stocks… in the cryptocurrency space. Over the last week, companies that have billed themselves as blockchain-focused saw their stocks surge. One firm – Long Island Iced Tea changed its name to Long Island Blockchain and watched its stock surge more than triple digits. But today, firms with this exposure are cratering. MGT Capital Investments Inc. (OTCMKTS: MGTI), Long Island Iced Tea Corp. (Nasdaq: LTEA), Riot Blockchain Inc. (Nasdaq: RIOT), and Siebert Financial Corp. (Nasdaq: SIEB) all fell by more than 12% Friday.

  • [By ]

    5. Blockchain-Related Stocks
    Shorting blockchain-related stocks is an ideal way to not only short bitcoin but also short the entire cryptocurrency craze. Many such stocks exist, such as Riot Blockchain (Nasdaq: RIOT), Long Blockchain (Nasdaq: LTEA), and Longfin (Nasdaq: LFIN). Choose the one that you think is most overhyped and short away!

  • [By ]

    Long Island Ice Tea changed its name to Long Blockchain (Nasdaq: LTEA), sending shares 200% higher. It remains to be seen how a beverage maker will create shareholder value from blockchain technology — not that its investors care.

Top 5 Low Price Stocks To Own For 2019: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By ]

    As Caterpillar sank, so too did Cummins Inc. (CMI) , down 4.5%, Cree Inc. (CREE) , down 2.5%, Crane Co. (CR) , down 8% and Freeport McMoRan (FCX) , down 14.5%.

  • [By Joseph Griffin]

    Monetta Financial Services Inc. bought a new stake in Freeport-McMoRan (NYSE:FCX) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the natural resource company’s stock, valued at approximately $1,054,000.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Freeport-McMoran Inc. (NYSE: FCX) which traded down about 14.5% at $16.08. The stocks 52-week range is $11.05 to $20.25. Volume was 77.5 million compared to the daily average volume of 17.7 million.

  • [By Joseph Griffin]

    Freeport-McMoRan (NYSE:FCX)‘s stock had its “sell” rating reissued by analysts at Berenberg Bank in a research note issued to investors on Wednesday. They presently have a $15.00 target price on the natural resource company’s stock. Berenberg Bank’s price target would suggest a potential downside of 13.54% from the company’s previous close.

Top 5 Low Price Stocks To Own For 2019: Vanguard Information Technology ETF (VGT)

Advisors’ Opinion:

  • [By Demitrios Kalogeropoulos, George Budwell, and Dan Caplinger]

    With those attractive characteristics in mind, we asked Motley Fool investors to highlight a few of the most attractive index funds. Read on to find out why Vanguard Information Technology (NYSEMKT:VGT), Vanguard Total Stock Market Index (NYSEMKT:VTI), and Vanguard Health Care Fund (NASDAQMUTFUND:VGHCX)all made the list.

  • [By Timothy Green, Nicholas Rossolillo, and Todd Campbell]

    Luckily, three of our Motley Fool investors are here to help cut through the noise. If you’re looking to beat the market, the Vanguard Information Technology ETF (NYSEMKT:VGT) and Vanguard Healthcare ETF (NYSEMKT:VHT) give you the potential to do just that. If instead you just want to match the market’s performance, the Vanguard Total Stock Market ETF (NYSEMKT:VTI) is your best bet. Here’s what you need to know about these three options.

  • [By Shane Hupp]

    Dubuque Bank & Trust Co. trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,740 shares of the exchange traded fund’s stock after selling 1,045 shares during the quarter. Dubuque Bank & Trust Co.’s holdings in Vanguard Information Technology ETF were worth $3,718,000 at the end of the most recent quarter.

Best Small Cap Stocks To Invest In 2018

Small cap wire-free charging stock Energous Corp (NASDAQ: WATT) reportedQ1 2017 earnings after the Wednesday market close. During the Q1, Energous Corporation recognized $575,368 in engineering services versus revenue of $136,364 for the same period last year. Energous Corporation said it expanded the number of active customer engagements to 68, and doubled the size of the Company’s customer-facing engineering organization to help accelerate the product integration cycle and support high demand. The net loss was $12,473,140versus a net loss of$10,796,542. The Company ended the quarter with $21.4 million in cash and cash equivalents and no debt.

The CEO commented:

“Energous is making substantial headway toward the successful commercialization of power at a distance. The number of customers in the final stages of WattUp integration is growing rapidly, and consumer availability of these products is expected later this year. Demand for our technology is very high, progress with strategic partners continues to advance, and we are moving quickly to complete formal testing of our Mid Field power-at-a-distance transmitter to secure regulatory certification. With commercialization in the near future, we firmly believe that we are well on our way to creating a meaningful wireless charging ecosystem that will disrupt the market.”

Best Small Cap Stocks To Invest In 2018: Anavex Life Sciences Corp.(AVXL)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    Anavex Life Sciences (OTCQX:AVXL) is down ~40% since Amit Ghate said it would trade substantially lower in an interview with the PRO Weekly Digest in June (see his update comment).

  • [By WWW.MONEYSHOW.COM]

    The lead drug from Anavex Life Sciences (AVXL) — called Anavex 2-73 — has just reported very promising phase 2a results in Alzheimer’s patients at the annual CTAD conference.

Best Small Cap Stocks To Invest In 2018: Unilife Corporation(UNIS)

Advisors’ Opinion:

  • [By Lisa Levin]

    Unilife Corp (NASDAQ: UNIS) shares dropped 76 percent to $0.295. Unilife reduced its workforce by 51 employees and expects to record charge of $0.6 million.

Best Small Cap Stocks To Invest In 2018: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By Jon C. Ogg]

    The metals and mining sector has seen many winners, particularly in steel and copper. Freeport-McMoRan Inc. (NYSE: FCX) is big in copper and shares were last seen down 0.3% at $13.90 late on Monday, which might have been up more had it been less diversified. Shares of Freeport-McMoRanare up 26% in the past fivetrading days. The stock has a market cap of $18 billion.

  • [By Ben Levisohn]

    Freeport-McMoRan (FCX) soared to the top of the S&P 500 today as metal & mining stocks rallied sharply after President Donald J. Trump signed executive orders meant to increase spending on infrastructure.

    Agence France-Presse/Getty Images

    Freeport-McMoRangained 8.4% to $17.04 at 4:12 p.m. today, while the S&P 500 rose 0.7% to 2,280.07.

    In a note released yesterday, Jefferies analyst Christopher LaFemina and team noted that investor interest in Freeport-McMoRan and other miners has been rising:

    We met with 52 investors in the US over the past two weeks and have done calls with 117 investors globally over the past three weeks. This all follows a week of 30 investor meetings in London in December. The mix has been slightly more hedge funds than long only funds, but long only interest in mining has greatly increased. We expect the sector to outperform as fundamentals improve and long only rotation into mining continues. Buy Glencore, Freeport-McMoRan, Fortescue Metals, Rio Tinto (RIO), and BHP Billiton (BHP).

    Freeport-McMoRan’s market capitalization rose to $24.6 billion today from $21.4 billion yesterday. It reported net income of $12.2 billion on sales of $16.3 billion in 2015.

    Freeport-McMoRan is scheduled to report earnings tomorrow.

  • [By Benzinga News Desk]

    Stephens (Equal-Weight) and Citi (Sell) both downgraded Atwood Oceanics (NYSE: ATW).

    Sell-Side's Most Noteworthy Calls
    Investec downgraded Anheuser-Busch (NYSE: BUD) to Hold.
    Deutsche Bank downgraded Freeport McMoRan (NYSE: FCX) to Hold.
    Goldman Sachs upgraded Microsoft (NASDAQ: MSFT) to Buy.
    Barclays upgraded Teck Resources (NYSE: TCK) to Overweight.
    BTIG started Adobe (NASDAQ: ADBE) at Neutral.
    Deal Talk

    U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Freeport-McMoran Inc. (NYSE: FCX) which rose about 4% to $14.73. The stocks 52-week range is $9.24 to $17.06. Volume was nearly 21 million compared to its average volume of 18.5 million.

  • [By WWW.THESTREET.COM]

    Freeport McMoRan (FCX) was downgraded to hold from buy at Deutsche Bank. The valuation is less attractive, based on a $12.50 price target, Deutsche said. 

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Freeport-McMoRan Inc. (NYSE: FCX) which jumped 5.1% to $12.90. The stocks 52-week range is $8.76 to $17.06. Volume was 23.36 million which is below the daily average of around 29.12 million shares.

Hot Stocks To Watch Right Now

JPMorgan (JPM) ended lower Thursday, despite reporting better-than-expected first-quarter earnings.

Bloomberg

The bank said it earned $1.65 a share, above the $1.52 analysts were expecting.Revenue came in at $25.59 billion, above the $24.88 billion consensus.

A couple of analysts are weighing in on the stock. CFRA’s CathySeifert reiterated a Buy rating on the stock:

We keep our 12-month target of $98, 14.9X our ’17 EPS estimate of $6.57 (raised by $0.10) and 13.2X our ’18 EPS estimate of $7.45 (raised by $0.20), close to peers.JPMreported Q1 EPS of $1.65 vs. $1.35, $0.17 above our estimate and $0.14 above the S&P Capital IQ consensus. Results reflected buybacks, plus a 28% drop in the provision for credit losses. Revenues rose a healthy 6.2%, despite 1.3% lower consumer banking revenues on 18.5% lower mortgage revenue and a 3.3% drop in card revenues. We remain encouraged by margins, and strength in corporate and commercial bank units.

Hot Stocks To Watch Right Now: One Horizon Group, Inc.(OHGI)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Aimmune Therapeutics Inc (NASDAQ: AIMT) shares jumped 35 percent to $34.64 in response to failed DBVT peanut allergy trial.
    Exactech, Inc. (NASDAQ: EXAC) shares surged 30.9 percent to $41.88 after the company agreed to be acquired by TPG Capital for $42 per share in cash.
    Dextera Surgical Inc (NASDAQ: DXTR) shares climbed 27.6 percent to $0.238 after surging 40.48 percent on Friday.
    Petmed Express Inc (NASDAQ: PETS) jumped 21.8 percent to $44.73 as the company reported better-than-expected Q2 results.
    SenesTech Inc (NASDAQ: SNES) shares surged 21.7 percent to $1.95 after the company disclosed that Univar will be marketing and selling ContraPest.
    Yulong Eco-Materials Ltd (NASDAQ: YECO) shares gained 18.3 percent to $0.560.
    One Horizon Group Inc (NASDAQ: OHGI) shares rose 18 percent to $1.18.
    Atossa Genetics Inc (NASDAQ: ATOS) shares climbed 18 percent to $0.566. Atossa Genetics is schedule to host a conference call to announce preliminary results from Phase 1 study of oral Endoxifen on October 25, 2017.
    ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 15.3 percent to $2.72
    Renren Inc (NYSE: RENN) shares gained 11.9 percent to $10.71 after gaining 2.68 percent on Friday.
    Kalvista Pharmaceuticals Inc (NASDAQ: KALV) shares rose 11.8 percent to $12.59. KalVista Pharma 13D filing from Longwood Fund showed registration for an 8.7 percent stake.
    Xunlei Ltd (NASDAQ: XNET) shares gained 9.4 percent to $7.20 after surging 25.33 percent on Friday.
    VF Corp (NYSE: VFC) shares surged 7.1 percent to $71.09 after the company reported upbeat earnings for its third quarter and raised its FY2017 guidance.
    CAI International Inc (NYSE: CAI) rose 6.6 percent to $39.70. Cowen & Co. upgraded CAI from Market Perform to Outperform.
    Agenus Inc (NASDAQ: AGEN) shares gained 5.7 percent to $4.58 as the company disclosed that GSK's shingle vaccine received FDA approval.
    Deltic Timber Corp (NYSE: DEL) shares climbed 5.6 percent to $94.11

Hot Stocks To Watch Right Now: Nomura Holdings Inc ADR(NMR)

Advisors’ Opinion:

  • [By Maureen Farrell]

    Shortly after Lehman declared bankruptcy, Barclays (BCS) paid $1.3 billion for most of the firm’s North American operations, its Times Square headquarters, and about 9,000 employees. Nomura Holdings (NMR) paid roughly $200 million for Lehman’s operations in Asia.

Hot Stocks To Watch Right Now: (LGEAF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    However, Apple is turning to LG (OTC:LGEAF) and the Herald reports that Apple is even considering investing in a future plant in China to build flexible displays. It’s thought that the bendable displays could be available as early as 2019.

  • [By SEEKINGALPHA.COM]

    The importance of cellular connectivity for wearables, particularly for smartwatches, has been a theme of mine since last year, and I’m glad to see other analysts and organizations starting to pick up on it. I’ve discussed Qualcomm’s (NASDAQ:QCOM) development of the Snapdragon Wear SOC that manufacturers are using for Android Wear 2 smartwatches with LTE connectivity, such as the LG Watch Sport (OTC:LGEAF). Such watches provide voice calling and cellular data connections and anticipate the future direction of the smartwatch.

  • [By SEEKINGALPHA.COM]

    There are other areas of smartphone innovation pursued by other companies besides Apple. The development of OLED screens has been a significant innovation pursued mainly by Korean giants Samsung (OTC:SSNLF) and LG (OTC:LGEAF). It is now being reported that Samsung and LG will introduce smartphones with foldable OLED screens this year.

Hot Stocks To Watch Right Now: JinkoSolar Holding Company Limited(JKS)

Advisors’ Opinion:

  • [By Paul Ausick]

    But the real news is the near vertical trajectory in share prices for the two stocks. This could be another manifestation of the markets hunger for some momentum plays, as we noted earlier this morning the bump to share prices for both JinkoSolar Holding Co. Ltd. (NYSE: JKS) and Shutterstock Inc. (NASDAQ: SSTK), both of which held secondary share sales this morning.

  • [By Lisa Levin]

    JinkoSolar Holding Co (NYSE: JKS) dropped 9.88% to $16.87 after the company announced the offering of 3,500,000 American Depositary Shares.

    Fuwei Films (Holdings) Co (NASDAQ: FFHL) dropped 9.66% to $1.30. Fuwei Films’ trailing-twelve-month ROE is -10.85%.

  • [By Elizabeth Balboa]

    First Solar, Inc (NASDAQ: FSLR) was trading down 3.7 percent Monday, while JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) was down 0.8 percent, SunPower Corporation (NASDAQ: SPWR) 4.4 percent, Canadian Solar Inc. (NASDAQ: CSIQ) 5.2 percent and JinkoSolar Holding Co., Ltd. (NYSE: JKS) 4.4 percent.

  • [By Lisa Levin]

    In trading on Monday, energy shares fell by 0.59 percent. Meanwhile, top losers in the sector included JinkoSolar Holding Co., Ltd. (NYSE: JKS), down 8 percent, and Teekay Offshore Partners L.P. (NYSE: TOO) down 7 percent.

  • [By Paul Ausick]

    It is not often that a secondary stock offering sends a companys shares higher, but we are seeing that very phenomenon Friday morning. Chinese solar PV maker JinkoSolar Holding Co. Ltd. (NYSE: JKS) and stock image company Shutterstock Inc. (NASDAQ: SSTK) both priced secondary offerings this morning and shares in both companies have risen sharply.

Hot Stocks To Watch Right Now: Freeport-McMoran, Inc.(FCX)

Advisors’ Opinion:

  • [By ]

    Major turning points like the one were seeing right now can generate spectacular comeback moves. In fact, were already witnessing several of these rallies in our commodity-centric plays. Just look at copper miner Freeport-McMoRan Inc. (NYSE: FCX).

  • [By Jon C. Ogg]

    The metals and mining sector has seen many winners, particularly in steel and copper. Freeport-McMoRan Inc. (NYSE: FCX) is big in copper and shares were last seen down 0.3% at $13.90 late on Monday, which might have been up more had it been less diversified. Shares of Freeport-McMoRanare up 26% in the past fivetrading days. The stock has a market cap of $18 billion.

  • [By Reuben Gregg Brewer]

    In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of an ill-timed oil investment.

  • [By Reuben Gregg Brewer]

    Freeport-McMoRan Inc. (NYSE:FCX) and Barrick Gold (NYSE:ABX) rank among the largest gold and copper miners in the world. After years of retrenching, both are in better operational and financial shape than they were when commodity prices started to tumble in 2011. But now that metals prices are finally rising, there are new troubles to face. Barrick’s headwinds, however, don’t look nearly as formidable as what Freeport-McMoRan is facing.

  • [By WWW.KIPLINGER.COM]

    Some energy stocks just cant seem to catch a break and Freeport-McMoRan Inc. (FCX) is one of those energy stocks. As we all know, FCX made some bad moves and decided to get into the oil business just as prices were peaking. That wouldnt be so bad, if it wasnt for the massive debt it took out to buy stakes in the gulf and other regions.

The Likely Rise Of Electric Vehicles And The Impact On Metals

The take-up of electric vehicles (EVs) may well be in a growth pattern which could rival that of the price of bitcoin, but is unlikely, like the latter to push sales into bubble territory. As range anxiety and long charging times recede into obscurity with the enormous developments in battery technology, the environmental, and ultimately the cost, benefits of electric drive for automobiles over internal combustion engine (ICE)-driven small vehicles is likely to become paramount.

The potential exponential growth pattern for EV sales will have likely an enormous impact on the sales volume, and price, of the metals utilized in EV production. These are notably lithium, cobalt, manganese, nickel, graphite, and some rare earths in battery manufacture, copper (an electric vehicle utilizes far more copper than a conventional ICE-driven vehicle) and perhaps aluminum to keep body panel weight down – and maybe as a substitute for copper in electrical wiring systems. Conversely, the longer term future for platinum group metals, predominantly utilized in ICE engine exhaust cleaning catalysts may well be bleak, and we see a serious downturn for these commencing in the next decade – and getting worse from there.

We thus see several major keys necessary to stimulate the more general take-up of EVs, rather than plug-in hybrids (PHEVs). The first, and most important, is ever-improving battery technology, perhaps coupled with the expansion of a nationwide fast charging network to handle distance driving demand. Range anxiety will be countered by battery life improvements, while an interim solution could be the inclusion in EVs of small range extending ICEs designed primarily to charge the batteries rather than for driving the vehicles.

Up until the current year, there were few EVs on the market capable of achieving a range of much more than 100 miles, but this is changing now quite rapidly, although the 300-400 miles of range between charges, which is probably necessary to achieve true sales lift-off, is mainly only available at the high end of the price range. But every time a new model is announced, range tends to be one of the aspects which is being expanded. We would anticipate 250-350 mile range to be the norm, rather than the exception, even in many low-end EVs by the end of the current decade.

So, if one looks at the extremely rapid pattern of technological battery improvement in computers and in mobile phones, there has to be the likelihood that battery technology research will continue to raise vehicle range between charges, and reduce costs as a combination of technological advance and scale of production leads to savings here. No doubt rapid charging technology will also develop alongside, as will the installation of more and more charging points across the nation – this being the other main bugbear, along with vehicle cost, affecting EV take-up. Ultimately, we suspect that far greater ranges may become the norm – maybe even 1,000 miles on a single charge before too long, certainly for high end vehicles.

This would likely be a nail in the coffin of the internal combustion engine (ICE) as would likely increasing legislation to ban ICE-driven vehicles from urban areas which we are already seeing in some major cities around the world as urban administrations in particular do battle with air pollution, to which gas and diesel driven vehicles are a major contributor. Indeed some nations are already looking to ban sales of ICE-driven vehicles. Norway, for example, is proposing to ban all fossil-fuelled cars from its roads. As the UK’s Guardian newspaper reports, Norway already has the highest per capita number of all-electric [battery only] cars in the world: more than 100,000 in a country of 5.2 million people. In 2016, EVs constituted nearly 40% of the nation’s newly registered passenger cars. And the Norwegian experiment shows every sign of accelerating. Earlier this year, Norway opened the world’s largest fast-charging station, which can charge up to 28 vehicles in about half an hour. The country, joined by Europe’s No. 2 in electromobility, the Netherlands, intends to phase out all fossil fuel-powered automobiles by 2025.

New types of battery technology may also be a factor here. At the moment most, if not all, EVs run on lithium-ion technology, but research is under way into so-called solid-state batteries which offer (in theory at least) lighter weights, longer ranges, shorter charging times, and lower costs than current standard lithium-ion batteries. But so far, the technology has not been able to be transferred from the laboratory to the kind of size necessary to drive a full-size EV efficiently. Even with lithium-ion technology, though, Elon Musk’s Tesla (NASDAQ:TSLA) – perhaps the principal driver in the advance of EV design and implementation – is achieving a claimed 600 mile range between charges in some of its latest, currently available high-end vehicles – and is already on the way to achieving this on its ‘affordable’ Model 3 range.

Tesla has also announced an all-electric semi truck which appears expensive in relation to diesel driven trucks but claims a 2-year cost payback, given how much cheaper it is to run an all-electric vehicle than an ICE-powered one, and performance and range figures are impressive. Tesla also claims driver environment and substantial safety benefits for its semis. PepsiCo (NYSE:PEP) has already ordered 100 of these and expects to start taking delivery by 2019/20.

Other manufacturers are also planning to produce and sell all-electric trucks by the end of the current decade – Reuters reports that Navistar International Corp. (NYSE:NAV) and Volkswagen AG’s (OTCPK:VLKAF) Truck and Bus are working together to launch an electric medium duty truck by late 2019, while rival Daimler AG (OTCPK:DDAIF) has delivered the first of a smaller range of electric trucks to customers in New York. These are designed for shorter ranges than the Tesla semi but will likely see expanded ranges as battery technology advances.

Re the solid state battery, in the UK, Sir James Dyson, of vacuum cleaner fame, is working to develop a Dyson EV by 2020 and is reportedly putting 拢2.5 billion towards its development. Dyson is also reportedly nailing his colors to the solid-state battery mast, although again whether a solid state battery sufficient to power an EV will be available in that timescale remains to be seen!

Japanese mainstream auto manufacturer Toyota (NYSE:TM) also reckons to be working on a solid-state battery-driven EV which it hopes to have on the market in the early 2020s. Undoubtedly, other mainstream manufacturers, virtually all of whom are working on EV design and production, will also be looking at the potential of solid state batteries because if they can be produced commercially will, eventually, offer the range, rapid charging and lower costs required to make EVs the norm rather than the exception.

With the kinds of technology growth patterns we have been seeing, we would anticipate total EV dominance of the automobile market far faster than recent projections might suggest – perhaps within 20 years. Already Volvo (OTCPK:VOLAF) has announced that every new car it launches from 2019 will have an electric motor (this will include hybrids so is not phasing out the ICE totally – yet – but is an indicator of the way the market is trending).

While battery technology/range is perhaps the most important factor for EV manufacture and sales going forward, cost is another hugely important factor. Despite the apparent drive-train simplicity of electric-powered vehicles, those on the market at the moment are much more costly than similar-sized conventional vehicles, and only attractive through the availability of government subsidies. Insurance costs are higher too.

But there are some other key advantages of electrically driven vehicles which will be major sales points assuming battery technology factors can be overcome – which they will be. Rapid torque availability – which means very fast acceleration – the far easier integration with new computer technology, potentially far lower running costs and the convenience of home charging, for those with that possibility, or with easy access to overnight charging points, rather than having to fill up at a gas station are all key points. But most of all the perceived environmental benefits of electric drive over ICE-driven vehicles are becoming paramount.

The capital and maintenance costs for EVs are likely to come down as take-up increases, but it may take time, and the continuation of subsidies until the market has truly taken off is probably key for any serious short-term growth momentum

Model Availability

Suffice it to say that the numbers of EVs available to the market will be increasing exponentially over the next few years with most mainstream manufacturers offering all-electric models already. However, one does have to credit Elon Musk’s Tesla company with bringing EVs into mainstream thought with its spectacular high end Model S and Model X EVs, offering a degree of luxury and incredible performance only previously seen in high-end supercars. And now, Musk’s company is in the throes of bringing his production vehicles into the ‘affordable’ category – if $35,000 plus is seen as ‘affordable’. Pre-orders for the Tesla Model 3 are such that, provided it can meet its production targets, without going bust first, would make Tesla one of the world’s largest automakers.

Musk is a visionary and is not stopping there and has just shown the all-electric-powered truck (mentioned above), and the ‘Insane’ Tesla Roadster capable of 0-60 mph in 1.9 seconds and with a claimed 620 mile range, but many think Musk’s company is hugely overstretched and will crash and burn under its huge debt burden.

But it is probably Musk’s amazing vision and drive which has stimulated the EV sector into action. Whether Tesla will survive, or will be overtaken by mostly mainstream auto manufacturers, who now have been dragged into the realization that EVs are almost certainly the future, remains to be seen. The mainstream manufacturers are battling to cut into Tesla’s undoubted lead in the sector and are already coming out with possible Tesla killers – like the Chevy Bolt which offers similar pricing and performance to the Tesla Model 3 – but somehow lacks its kerb appeal.

Metals Demand

The global automobile market is enormous and a switch to EVs could have a huge impact. Below is a barchart from Visual Capitalist based on the change in metals demand with a 100% take-up of all-electric battery driven cars but only based on the battery technology used in the Chevy Bolt – GM’s (NYSE:GM) direct competitor with the Tesla Model 3, which uses a different battery make-up – and would be very different still once solid state batteries have come into use. However, it is valuable in demonstrating some of the likely beneficiary metals in a switch to EVs.

Naturally, lithium tops the bill, but here, there is plenty of future production coming on stream to meet demand so a lithium play may not be as beneficial as it would seem from the chart. It is perhaps some of the other metals where supply may not be able to keep up with demand and prices may rocket, but because these metals are often produced as byproducts, securing an investment that may take off accordingly may be more difficult to do.

Of the primary metals, the biggest beneficiaries could be copper, nickel, and aluminum – the former because the average EV uses around twice as much copper as existing ICE-driven vehicles, nickel, and aluminum are both used in some battery technologies in a big way, while the latter will almost certainly get increasing use in body panels to keep vehicle weights down. Of the byproduct metals cobalt has obviously the most potential as do the rare earths – specifically dysprosium which is utilized in some electric drive technologies.

London quoted Glencore [LSE: GLEN] is comfortably the world’s biggest cobalt producer, but cobalt only represents a small part of the company’s product mix, but nickel is important too. An ADR is available to U.S. Investors: Glencore ADR (OTCPK:GLNCY). Canada’s Sherritt International [TSX: S] which will also benefit as a major nickel producer could be of interest and again is available on the OTC market in the U.S. – Sherritt International (OTCPK:SHERF). Another major cobalt miner with a U.S. ADR quote is Brazil’s Vale (NYSE:VALE) but, like Glencore, is one of the world’s largest diversified miners, and cobalt represents a fairly small part of its overall revenues – but Vale is also the world’s second largest nickel producer after Russia’s Norilsk (OTCPK:NILSY).

Dysprosium is the rare earths wild card, but there is little or no significant production outside China, although Australia’s Northern Minerals [ASX: NTU] has brought is Browns Range mine into production and reckons to be the world’s next significant dysprosium producer outside China. But its mining operation, high in heavy rare earths of which dysprosium is particularly significant, is only at pilot plant construction stage at the moment.

Graphite, which may be the other major beneficiary ‘metal’, is primarily produced in China, India, Brazil, Turkey, and North Korea. Graphite investment options in North America are largely restricted to the risky junior sector, and none are full board quoted. There have been articles on Seeking Alpha about these, but for the moment, this writer is steering clear. The junior sector seems just too speculative. Rather look to the major stocks which may benefit as the downsides are much more limited.

Of the major metals, copper appears to be the likely major beneficiary of significant growth in the EV sector, while maintaining significant demand in the ICE-driven vehicle sector. The world’s biggest producer remains the Chilean state-owned Codelco, but the remaining big producers apart from the U.S. company, Freeport McMoran (NYSE:FCX) are mostly the big diversified miners. Glencore and Vale, both mentioned above as major nickel and cobalt miners, are among these as are BHP Billiton (BHP) and Rio Tinto (RIO), the world’s two biggest diversified miners. Both these are headquartered elsewhere – BHP’s joint HQ are in the UK and Australia, and Rio Tinto in the UK. Once again, because these are such big diversified mining companies, demand growth in a particular sector like copper may be less significant yet still give a useful boost to earnings.

The same applies to aluminum. Alcoa (NYSE:AA) is the biggest North American producer, but any impact due to growth in the automobile production sector won’t have a particularly significant impact overall as it will only represent a tiny portion of overall demand.

While this article primarily looks at the likely growth potential for EVs and some of the likely long term beneficiaries (virtually, none of the anticipated gains in the major sector are likely to eventuate until the next decade), one should also take a look at the eventual losers. The most notable is the market for platinum, palladium, and rhodium, all of which have their primary usage in ICE exhaust emission control catalytic technology. Here again, the problems are likely to appear long term – not short term where global recovery may still lead to some good gains – particularly if precious metals’ prices (driven by gold) rise. We would expect the platinum and palladium prices to rebalance in favor of platinum, given the change in the pricing differential is likely to result in a switch to platinum catalysts in at least a part of the gasoline ICE exhaust control market.

The current high palladium price of over $1,000 an ounce does not seem yet to have impacted stocks like Sibanye-Stillwater (SBGL). While the company is also expanding its platinum exposure through the just-announced purchase of Lonmin, it is not really being given the credit for its palladium exposure through Stillwater, and also in South Africa, where the majority of its production is based. Its holdings there are predominantly in mines producing primarily from the platinum richer Merensky reef, but it has the capability to add to its production on the UG2 reef which has a marginally higher palladium and rhodium content. But overall, both Stillwater and the South African producers are at best marginal operations at current pgm prices, although the higher palladium and rhodium prices may be slightly improving the economics.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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

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