Tag Archives: FTR

Top Low Price Stocks To Own Right Now

Source: ThinkstockUntil about 2008 or so, discussion about the future price of crude oil was directed by the concept of peak oil. That is, when does the world reach peak production, after which the price of crude will skyrocket. In less than a decade, the discussion is now focused on the concept of “peak demand,” the point at which global demand for crude begins to decline.

The recent Oil & Money conference in London sharpened the focus on peak demand. Saudi Arabia’s minister of energy and industry, Khalid Al-Falih, told conference attendees that cutbacks in capital spending on exploration, forced on the industry by low prices for the past twoyears, could mean that shortfalls in supply are coming.

Exxon Mobil Corp. (NYSE: XOM) CEO Rex Tillerson disagreed:

Top Low Price Stocks To Own Right Now: Golden Star Resources Ltd(GSS)

Advisors’ Opinion:

  • [By Cameron Saucier]

    Golden Star (NYSEMKT: GSS) is a gold mining and exploration company, and operates gold mines in Ghana, West Africa. GSS is up 396% YTD after it announced in July that it had begun pre-commercial production of gold in an underground mine in Ghana. GSS is trading at $0.825 per share on Monday intraday.

Top Low Price Stocks To Own Right Now: Education Realty Trust Inc.(EDR)

Advisors’ Opinion:

  • [By ]

    Education Realty Trust (NYSE: EDR) is a U.S.-based REIT that specializes in owning and managing collegiate housing facilities near universities. With a market cap of $2.8 billion, this is also one of the larger REITs in the United States. EDR made four dividend payments in 2017 totaling $1.54. That gives shares a current yield of 4.3%, more than a 100% premium to the S&P 500’s 2.0%. EDR also has an impressive history of dividend hikes. Since bottoming out at $0.15 in 2008 after the financial crisis, EDR’s dividend payment has jumped 160%.

Top Low Price Stocks To Own Right Now: Coca-Cola Enterprises, Inc.(CCE)

Advisors’ Opinion:

  • [By Lisa Levin] Related LOV Match Group And Spark Networks: A Valentine's Day Case Study 20 Biggest Mid-Day Losers For Thursday
    Related VKTX 15 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Losers For Wednesday Companies Reporting Before The Bell
    Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million.
    General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion.
    Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion.
    Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million.
    Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million.
    Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million.
    Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million.
    Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter.
    Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.

     

Top Low Price Stocks To Own Right Now: S&P GSCI(GD)

Advisors’ Opinion:

  • [By Rich Smith]

    As details about the Pentagon’s plan have emerged, it’s become clear that this will be a sizable program, amounting to perhaps $1 trillion in spending over 30 years — not just to upgrade the Minuteman missiles, but also to buy new B-21 stealth bombers from Northrop Grumman (NYSE:NOC)and have General Dynamics (NYSE:GD) and Huntington Ingalls (NYSE:HII) design an entirely new class of ballistic missile submarines (to be known as the “Columbia class.”)

  • [By Alex McGuire]

    Since the early 1960s, aerospace and defense companies have been building vehicles for space agencies like NASA. For example, General Dynamics Corp. (NYSE: GD) was contracted to help build the propulsion rocket systems for the famous Apollo missions.

  • [By Rich Smith]

    The U.S. Army wants General Dynamics (NYSE:GD) to build it a super-tank — an improvement over the ubiquitous M1 Abrams main battle tank that is currently the mainstay of the U.S. Army and the U.S. Marine Corps.

  • [By WWW.THESTREET.COM]

    General Dynamics (GD)  is number four in the U.S. The company provides combat vehicles; information technology solutions for the military; maintenance overhaul and repair for military aircraft; submarines; and surface ships.

Top Low Price Stocks To Own Right Now: Petroleum Resources Corporation(PEO)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Wednesday, financial shares fell 0.13 percent. Meanwhile, top losers in the sector included Adams Natural Resources Fund Inc (NYSE: PEO), down 4 percent, and Old Point Financial Corporation (NASDAQ: OPOF) down 3 percent.

Top Low Price Stocks To Own Right Now: Frontier Communications Corporation(FTR)

Advisors’ Opinion:

  • [By Paul Ausick]

    Frontier Communications Corp. (NASDAQ: FTR) on Thursday matched a 52-week low of $2.49 posted on Wednesday. The stock’s 52-week high is $5.75. Volume was more than double the daily average of around 25.8 million shares. The company had no specific news Thursday but is on its way to posting a gain of more than 5% for the day.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Frontier Communications Corp. (NASDAQ: FTR) which traded down nearly 16% at $14.35. The stocks 52-week range is $13.13 to $74.70. Volume was about 6.6 million versus the daily average of 2.8 million shares.

  • [By Paul Ausick]

    Frontier Communications Corp. (NASDAQ: FTR) dropped about 4.5% Thursday to post a new 52-week low of $1.26 after closing Wednesday at $1.32. The 52-week high is $5.42. Volume of around 35 million shares was about 35% below the daily average of around 49 million. The company had no specific news.

  • [By Steve Symington, Travis Hoium, and Keith Noonan]

    So with the aim of offering a few concrete examples to that end, we asked three top Motley Fool contributors to each discuss a high-risk dividend stock investors should probably avoid. Read on to see why they chose Frontier Communications (NASDAQ:FTR), Abercrombie & Fitch (NYSE:ANF), and Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B).

  • [By Lisa Levin] Gainers
    Marathon Patent Group Inc (NASDAQ: MARA) shares surged 30.2 percent to $5.01 after dropping 40.86 percent on Tuesday. Marathon Patent Group filed for sale of 1.85 million shares of common stock by selling stockholders.
    Capricor Therapeutics Inc (NASDAQ: CAPR) shares jumped 17.2 percent to $2.25 after the company reported the FDA clearance of Investigational New Drug application for CAP-1002.
    Rite Aid Corporation (NYSE: RAD) gained 13.2 percent to $2.15 following 16.5 percent rally on Tuesday.
    Photronics, Inc. (NASDAQ: PLAB) shares climbed 11.8 percent to $10.45 after the company reported stronger-than-expected earnings for its fourth quarter.
    China Distance Education Hldgs Ltd (ADR) (NYSE: DL) shares surged 11.3 percent to $8.67. China Distance Education reported Q4 profit of $5.9 million on revenue of $41.7 million.
    Cytokinetics, Inc. (NASDAQ: CYTK) shares gained 11 percent to $8.05 after falling 7.05 percent on Tuesday.
    Ooma Inc (NYSE: OOMA) shares surged 8.5 percent to $10.85 as the company posted strong Q3 results.
    Nuance Communications Inc. (NASDAQ: NUAN) climbed 8 percent to $17.12 after the company reported stronger-than-expected results for its fourth quarter on Tuesday.
    American Superconductor Corporation (NASDAQ: AMSC) surged 7.8 percent to $3.59 after the company reported $8 million in D-VAR system orders.
    Thermon Group Holdings Inc (NYSE: THR) rose 6.3 percent to $24.17. William Blair upgraded Thermon Group from Market Perform to Outperform.
    Domino's Pizza, Inc. (NYSE: DPZ) surged 6.1 percent to $182.88. Nomura upgraded Domino's from Neutral to Buy.
    Xencor Inc (NASDAQ: XNCR) rose 5.9 percent to $21.17. Cantor Fitzgerald initiated coverage on Xencor with an Overweight rating.
    Idera Pharmaceuticals Inc (NASDAQ: IDRA) gained 5.1 percent to $2.28 after the company disclosed that it has been granted FDA Fast Track designation for IMO-2125.
    Regal Entertainment Group (NYSE: RGC) gained 5.1 percent to

A 2017 Year-End Portfolio Of Bounce Candidates Expected To Outperform In January

Toward the end of the calendar year, artificial selling can cause mispricings in stocks. Some non-economic sellers are individuals who are locking in losses for personal tax purposes. Others are institutional investors who aren’t eager to explain to paying clients why they were invested in losers. In certain stocks, this non-economic selling depresses prices into year-end. These artificially depressed stocks could bounce in the new year, providing nimble bargain hunters with an opportunity to profit.

The best bounce candidates are usually those stocks that have declined the most, often due to investor dismay at real problems at the company. It is difficult to sort out which risky, underperforming companies will perform well in January. Many will temporarily bounce and then resume their earlier decline (e.g., Frontier Communications (NYSE:FTR) from Great Quarter’s 2016 year-end bounce portfolio). Others could turn around and become good performers in the new year (e.g., Weight Watchers International (NYSE:WTW) from Great Quarter’s 2016 year-end bounce portfolio). Buying a basket is the optimal way to execute this strategy.

A good bounce candidate will meet most of the following criteria:

Bottom 10% of S&P 500 performers for the calendar year Declining stock price into late December Manageable perceived headline risk

While some in the year-end bounce portfolio basket will turn out to be bad performers, particularly as the year ages, the expectation is that the basket as a whole will outperform the S&P 500 during January, hopefully by five percentage points. There are risks. This year, a new risk has emerged: the new tax plan could cause sufficient noise that the bounce strategy does not work. I am willing to take the risks. Plan is to exit in January.

2017 Year-End Bounce Portfolio

2017 has been a great year for the S&P 500 index, returning over 20% before dividends through last night (omitting the final trading day of 2017). Still, 123 S&P 500 components had a negative return before dividends. Eighteen S&P 500 components can boast stocks that fell more than 25% in 2017 before dividends. The year-end bounce portfolio is selected from those S&P 500 names.















As you would expect for stocks that have declined more than 25% in a year when the S&P 500 index increased by 20%, all of these names have bad stories. Indeed, many of the names in the bounce portfolio have been the subject of well-researched, correctly bearish articles on Seeking Alpha. But, as stated above, the bounce strategy narrowly attempts to take advantage of overly depressed stock prices, betting that, as a portfolio, the stocks will bounce in January, hopefully outperforming the S&P 500 by 500 basis points. (To measure performance, we will use the closing prices of 2017 as the start point as well as closing prices on exit days, presumably in January.) Whether the bounce strategy will work this year remains to be seen.

How did last year’s Year-End Bounce Portfolio perform?

As shown in the chart below, the 2016 Year-End Bounce Portfolio did achieve our late-December stated goal by outperforming the S&P 500 in January by five percentage points. (On a closing basis, the portfolio outperformed by 538 basis points on the Jan. 17th close, although Great Quarter averaged 366-basis-point outperformance in time-stamped exits via Jan. 10th and Jan. 19th Seeking Alpha comments.) Impressively, on a year-to-date basis, the bounce portfolio outperformed the S&P 500 every day in January, 2017.

On Feb. 3rd, the year-end bounce portfolio’s year-to-date relative performance turned negative, culminating in a 10-percentage-point relative decline in March. Ouch! That severe underperformance underscores the plan to exit the trade in the month of January. Many of the worst-performing stocks at the end of a calendar year really do deserve to underperform, even if the underperformance is exaggerated at year-end and a bounce might be warranted early in the new year.

Underscoring the power of the bounce, during the first half of 2017 there were three days when 11 of 12 components outperformed the S&P 500, all in the first half of January: Jan. 5th, 6th, and 13th. (There was never a day when all 12 outperformed on the same day.) Similarly, in the first half of 2017, there were three days when only one of the 12 components outperformed the S&P, all in March: March 15th, 16th, and 20th.

Disclosure: I am/we are long RRC, UAA, SCG, EVHC, GE, MAT, CHK, AAP, SIG, FL, APA, NWL, M.

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.

Additional disclosure: In addition to Seeking Alpha’s Terms of Use: Read this article at your own risk. Under no circumstances should this article be construed to be investment advice. You agree to do your own research and your own due diligence. Always consult a financial advisor. In no event should Great Quarter be liable for any losses. I make mistakes and I’ve been wrong. While, to the best of Great Quarter’s ability and belief, great care was put into its research, analysis, opinion, and writing, and while this article and the information herein is believed to be accurate and reliable and does not omit material facts, it is presented as is and without representations or warranties of any kind, express or implied. Great Quarter makes no promise to update articles or any information, analysis, or opinion herein. Following the publication of this article, Great Quarter reserves the right to make any trade at any time in any securities mentioned; in the future, I may be long, short, or neutral regardless of any information, analysis, or opinion herein; furthermore I will not report when a security position is initiated or exited. Humans are bad at predicting the future. Part of this article attempts to predict the future. Great Quarter’s goal to be more right about the future than wrong. But, the future holds surprises. Please be aware that at least part of this article will prove to be wrong. Great Quarter welcomes readers to make comments or ask questions in the comment section below. If you enjoyed this article, please follow Great Quarter by clicking Follow above.

About this article:ExpandAuthor payment: $35 + $0.01/page view. Authors of PRO articles receive a minimum guaranteed payment of $150-500.Tagged: Investing Ideas, Quick Picks & ListsWant to share your opinion on this article? Add a comment.Disagree with this article? Submit your own.To report a factual error in this article, click here

A 2017 Year-End Portfolio Of Bounce Candidates Expected To Outperform In January

Toward the end of the calendar year, artificial selling can cause mispricings in stocks. Some non-economic sellers are individuals who are locking in losses for personal tax purposes. Others are institutional investors who aren’t eager to explain to paying clients why they were invested in losers. In certain stocks, this non-economic selling depresses prices into year-end. These artificially depressed stocks could bounce in the new year, providing nimble bargain hunters with an opportunity to profit.

The best bounce candidates are usually those stocks that have declined the most, often due to investor dismay at real problems at the company. It is difficult to sort out which risky, underperforming companies will perform well in January. Many will temporarily bounce and then resume their earlier decline (e.g., Frontier Communications (NYSE:FTR) from Great Quarter’s 2016 year-end bounce portfolio). Others could turn around and become good performers in the new year (e.g., Weight Watchers International (NYSE:WTW) from Great Quarter’s 2016 year-end bounce portfolio). Buying a basket is the optimal way to execute this strategy.

A good bounce candidate will meet most of the following criteria:

Bottom 10% of S&P 500 performers for the calendar year Declining stock price into late December Manageable perceived headline risk

While some in the year-end bounce portfolio basket will turn out to be bad performers, particularly as the year ages, the expectation is that the basket as a whole will outperform the S&P 500 during January, hopefully by five percentage points. There are risks. This year, a new risk has emerged: the new tax plan could cause sufficient noise that the bounce strategy does not work. I am willing to take the risks. Plan is to exit in January.

2017 Year-End Bounce Portfolio

2017 has been a great year for the S&P 500 index, returning over 20% before dividends through last night (omitting the final trading day of 2017). Still, 123 S&P 500 components had a negative return before dividends. Eighteen S&P 500 components can boast stocks that fell more than 25% in 2017 before dividends. The year-end bounce portfolio is selected from those S&P 500 names.















As you would expect for stocks that have declined more than 25% in a year when the S&P 500 index increased by 20%, all of these names have bad stories. Indeed, many of the names in the bounce portfolio have been the subject of well-researched, correctly bearish articles on Seeking Alpha. But, as stated above, the bounce strategy narrowly attempts to take advantage of overly depressed stock prices, betting that, as a portfolio, the stocks will bounce in January, hopefully outperforming the S&P 500 by 500 basis points. (To measure performance, we will use the closing prices of 2017 as the start point as well as closing prices on exit days, presumably in January.) Whether the bounce strategy will work this year remains to be seen.

How did last year’s Year-End Bounce Portfolio perform?

As shown in the chart below, the 2016 Year-End Bounce Portfolio did achieve our late-December stated goal by outperforming the S&P 500 in January by five percentage points. (On a closing basis, the portfolio outperformed by 538 basis points on the Jan. 17th close, although Great Quarter averaged 366-basis-point outperformance in time-stamped exits via Jan. 10th and Jan. 19th Seeking Alpha comments.) Impressively, on a year-to-date basis, the bounce portfolio outperformed the S&P 500 every day in January, 2017.

On Feb. 3rd, the year-end bounce portfolio’s year-to-date relative performance turned negative, culminating in a 10-percentage-point relative decline in March. Ouch! That severe underperformance underscores the plan to exit the trade in the month of January. Many of the worst-performing stocks at the end of a calendar year really do deserve to underperform, even if the underperformance is exaggerated at year-end and a bounce might be warranted early in the new year.

Underscoring the power of the bounce, during the first half of 2017 there were three days when 11 of 12 components outperformed the S&P 500, all in the first half of January: Jan. 5th, 6th, and 13th. (There was never a day when all 12 outperformed on the same day.) Similarly, in the first half of 2017, there were three days when only one of the 12 components outperformed the S&P, all in March: March 15th, 16th, and 20th.

Disclosure: I am/we are long RRC, UAA, SCG, EVHC, GE, MAT, CHK, AAP, SIG, FL, APA, NWL, M.

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.

Additional disclosure: In addition to Seeking Alpha’s Terms of Use: Read this article at your own risk. Under no circumstances should this article be construed to be investment advice. You agree to do your own research and your own due diligence. Always consult a financial advisor. In no event should Great Quarter be liable for any losses. I make mistakes and I’ve been wrong. While, to the best of Great Quarter’s ability and belief, great care was put into its research, analysis, opinion, and writing, and while this article and the information herein is believed to be accurate and reliable and does not omit material facts, it is presented as is and without representations or warranties of any kind, express or implied. Great Quarter makes no promise to update articles or any information, analysis, or opinion herein. Following the publication of this article, Great Quarter reserves the right to make any trade at any time in any securities mentioned; in the future, I may be long, short, or neutral regardless of any information, analysis, or opinion herein; furthermore I will not report when a security position is initiated or exited. Humans are bad at predicting the future. Part of this article attempts to predict the future. Great Quarter’s goal to be more right about the future than wrong. But, the future holds surprises. Please be aware that at least part of this article will prove to be wrong. Great Quarter welcomes readers to make comments or ask questions in the comment section below. If you enjoyed this article, please follow Great Quarter by clicking Follow above.

About this article:ExpandAuthor payment: $35 + $0.01/page view. Authors of PRO articles receive a minimum guaranteed payment of $150-500.Tagged: Investing Ideas, Quick Picks & ListsWant to share your opinion on this article? Add a comment.Disagree with this article? Submit your own.To report a factual error in this article, click here

investment trust

No one wants to spend their retirement bagging groceries, but without sufficient retirement savings, that’s how you may be spending your golden years. The latest Merrill Lynch Finances in Retirement Survey, released in March 2017, revealed that the average cost of retirement has risen to $738,400. Of that number, $260,000 will go to healthcare costs alone, according to Fidelity’s Retiree Health Care Cost Estimate.But $738,400 is just an average — retirees accustomed to high incomes may need even more than this to maintain their standard of living in retirement.

Retirement income

Most retirees can expect to see their expenses drop when they retire, hence the standard recommendation that retirees will need 70% to 80% of their pre-retirement income. However, the amount of income you’ll need in retirement depends heavily on the kind of life you want to lead.

investment trust: Williams-Sonoma Inc.(WSM)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Williams-Sonoma (WSM) has gained 2.9% to $49.52 after reporting earnings that topped the Street consensus and raising its dividend.

    Barrick Gold (ABX) has risen 1.5% to $19.30 after getting upgraded to Outperform from Sector Perform at RBC.

  • [By Peter Graham]

    A long term performance chart shows mid cap Bed Bath & Beyond in a steady decline since early 2015 while and small capPier 1 Imports Inc (NYSE: PIR)has performed worst, mid capRestoration Hardware Holdings Inc (NYSE: RH) is back up andmid capWilliams-Sonoma, Inc (NYSE: WSM)has drifted lower:

  • [By Peter Graham]

    A long term performance chart shows shares of Pier 1 Imports underperforming potential peers such as mid caps Bed Bath & Beyond Inc (NASDAQ: BBBY) and Williams-Sonoma, Inc (NYSE: WSM)plus smallcap Restoration Hardware Holdings Inc (NYSE: RH) all of whos performance has not been so good lately:

investment trust: AirMedia Group Inc(AMCN)

Advisors’ Opinion:

  • [By Paul Ausick]

    AirMedia Group Inc. (NASDAQ: AMCN) posted a 52-week low of $1.04 after closing down 23% on Wednesday at $1.35. The 52-week high is $3.30. Volume was about 4 million, nearly 20 times the daily average of around 230,000 million shares. The Chinese outdoor advertising company said yesterday that it is terminating a potential go-private transaction.

investment trust: Utilities Select Sector SPDR ETF (XLU)

Advisors’ Opinion:

  • [By Craig Jones]

    Speaking on Bloomberg Markets, Kevin Kelly of Recon Capital Partners suggested that investors with a long position in Utilities SPDR (ETF) (NYSE: XLU) should consider an options strategy that offers protection ahead of the FOMC meeting.

  • [By WWW.MONEYSHOW.COM]

    With a little more than $6 billion in assets and average daily trading volumes in excess of 12 million shares per day, SPDR Utilities (XLU) is the top choice to hold during Utilities seasonally favorable period. It has a gross expense ratio of just 0.14% and comes with the added kicker of a 3.37% dividend yield.

  • [By WWW.THESTREET.COM]

    The Dow utility average ended last week at a stabilizing 639.95 after trading as low as 616.19 on Nov. 14. Keep in mind that a “death cross” was confirmed on election day, when the 50-day simple moving average fell below the 200-day simple moving average, indicating that lower prices are likely ahead. The 200-day is now at 666.30. The utility average has returned to my range of key levels of 635.23 and 670.81, which remain magnets for the remainder of 2016. This week’s value level is above the Nov. 14 low at 620.87. Investors seeking the safety of dividends can trade the Utilities Select Sector SPDR Fund (XLU) , which is a basket of 28 utility stocks.

  • [By Craig Jones]

    On CNBC's Options Action, Dan Nathan suggested a bearish options trading idea in Utilities SPDR (ETF) (NYSE: XLU).

    The stock caught his attention, because he noticed a big put options volume last week in the name. He thinks traders should not be in the stock ahead of a possible rate hike.

investment trust: Frontier Communications Corporation(FTR)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday Frontier Communications Corp. (NASDAQ: FTR) which rose about 8% to $9.20. The stocks 52-week range is $6.08 to $57.30. Volume was5 million compared to its average volume of 3.3 million.

  • [By Adam Levy]

    Frontier Communications (NASDAQ:FTR) has been shedding both pay-TV and broadband internet customers over the past year, growing solely through acquisitions it can’t really afford. The company acquired some of Verizon’s (NYSE:VZ) FiOS property earlier this year for $10.3 billion, and it’s managed to already lose a good chunk of what it paid for.

  • [By Lisa Levin]

    Telecommunications services shares climbed by 1.24 percent in the US market on Thursday. Top gainers in the sector included Verizon Communications Inc. (NYSE: VZ), and Frontier Communications Corp (NASDAQ: FTR).

  • [By Paul Ausick]

    Frontier Communications Corp. (NASDAQ: FTR) dropped 0.1% Wednesday, to post a new 52-week low of $2.90 after closing at $2.93 on Tuesday. The stock’s 52-week high is $5.85. Volume was about 25% higher than the daily average of around 23 million shares. The company missed estimates badly on Monday, but has managed somehow to hang onto its 12.77% dividend yield..

  • [By Paul Ausick]

    Frontier Communications Corp. (NASDAQ: FTR) dropped about 8.5% Wednesday to post a new 52-week low of $1.29 after closing Tuesday at $1.43. The 52-week high is $5.53. Volume of around 55 million shares was about 15% above the daily average of around 49 million. The company had no specific news.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Frontier Communications Corp. (NASDAQ: FTR) which jumped about 4.7% to $1.35. The stocks 52-week range is $1.19 to $5.31. Volume was 46.4 million compared with the daily average 51.0 million shares.

Tuesday’s Biggest Winners and Losers in the S&P 500

Source: ThinkstockDecember 19, 2017: The S&P 500 closed down 0.3% at 2,681.48. The DJIA closed down 0.15% at 24,754.26. Separately, the Nasdaq was down 0.4% at 6,963.85.

Tuesday started out as a great day for the markets, but quickly turned for the worse right out of the gate. While Monday showed a lot of promise for the major exchanges, Tuesday was a small step back. Crude oil was up for the session countering Mondays loss. The S&P 500 sectors were mostly negative on the day with a few small exceptions. The best performing sectors were energy and consumer staples up 0.1%, and 0.1%, respectively. The worst performing sectors were real estate, utilities, and technology down 1.9%, 1.8% and 0.6%, respectively.

Crude oil was up 0.6% at $57.49.

Gold was relatively flat at $1,265.20.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Frontier Communications Corp. (NASDAQ: FTR) which traded down about 9% at $7.44. The stocks 52-week range is $6.08 to $57.30. Volume was 4.6 million versus the daily average of 3.9 million shares.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Darden Restaurants, Inc. (NYSE: DRI) which rose over 6% to $96.68. The stocks 52-week range is $71.02 to $96.74. Volume was 4.5 million compared to its average volume of 1.7 million.