&l;p&g;&l;img class=&q;dam-image shutterstock size-large wp-image-1162008628&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1162008628/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Shutterstock
Many actively managed mutual funds operate with &a;ldquo;black box&a;rdquo; strategies that give investors little information about how the managers pick stocks. Fund documents will give vague platitudes about how the managers use &a;ldquo;fundamental analysis&a;rdquo; to find &a;ldquo;highly profitable&a;rdquo; companies that are &a;ldquo;undervalued&a;rdquo;, but these terms lack clear definition.
This lack of clarity is a significant problem for investors. A manager that uses &a;ldquo;fundamental research&a;rdquo; that is based on analysis of &l;a href=&q;https://www.newconstructs.com/education-close-loopholes-econ-vs-acctng-earnings/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;accounting earnings&l;/a&g; and flawed metrics such as &l;a href=&q;https://www.newconstructs.com/pe-ratios-good-measure-value/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;price to earnings&l;/a&g; or &l;a href=&q;https://www.newconstructs.com/problem-using-accounting-book-value/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;price to book&l;/a&g; is not as reliable as a manager that focuses on return on invested capital (&l;a href=&q;https://www.newconstructs.com/education-return-on-invested-capital/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;ROIC&l;/a&g;)&l;a href=&q;#_ftn1&q; name=&q;_ftnref1&q; target=&q;_blank&q;&g;&l;/a&g;.
Top Undervalued Stocks To Invest In 2019: GTT Communications, Inc.(GTT)
Advisors’ Opinion:
- [By Max Byerly]
GTT Communications Inc (NYSE:GTT) shares traded down 5.7% during trading on Friday . The stock traded as low as $32.15 and last traded at $32.80. 1,110,299 shares were traded during mid-day trading, an increase of 161% from the average session volume of 426,034 shares. The stock had previously closed at $34.80.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on GTT Communications (GTT)
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- [By Max Byerly]
GTT Communications (NYSE:GTT)‘s stock had its “overweight” rating reissued by equities research analysts at KeyCorp in a report issued on Friday, The Fly reports. They presently have a $45.00 target price on the technology company’s stock. KeyCorp’s target price would suggest a potential upside of 43.95% from the stock’s current price.
- [By Shane Hupp]
Frontier Communications (NASDAQ: FTR) and GTT Communications (NYSE:GTT) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, earnings, profitability, dividends, analyst recommendations, valuation and institutional ownership.
- [By Logan Wallace]
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
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GTT to Present at Spring 2018 Investor Conferences (finance.yahoo.com) Unified Communications Week in Review: Firstcom, 8×8, RingCentral (unified-communications.tmcnet.com) RingCentral, SD-WAN vendors team up to deliver UCaaS (searchunifiedcommunications.techtarget.com) GTT Communications (GTT) CEO Richard Calder Sells 6,000 Shares (americanbankingnews.com) GTT Communications (GTT) EVP Chris Mckee Sells 7,000 Shares (americanbankingnews.com)
GTT has been the topic of several recent research reports. Oppenheimer increased their price objective on GTT Communications from $52.00 to $68.00 in a research report on Tuesday, February 27th. William Blair reiterated a “buy” rating on shares of GTT Communications in a research report on Wednesday, March 28th. Craig Hallum reiterated a “buy” rating and set a $60.00 price objective (up from $50.00) on shares of GTT Communications in a research report on Monday, February 26th. SunTrust Banks increased their price objective on GTT Communications to $60.00 and gave the company a “buy” rating in a research report on Friday, March 2nd. Finally, Jefferies Group increased their price objective on GTT Communications to $62.00 and gave the company a “buy” rating in a research report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $57.22.
- [By Logan Wallace]
Media headlines about GTT Communications (NYSE:GTT) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GTT Communications earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.7056275324623 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Top Undervalued Stocks To Invest In 2019: Enstar Group Limited(ESGR)
Advisors’ Opinion:
- [By Stephan Byrd]
BidaskClub cut shares of Enstar Group (NASDAQ:ESGR) from a hold rating to a sell rating in a report issued on Saturday morning.
Several other analysts have also recently issued reports on ESGR. TheStreet cut Enstar Group from a b- rating to a c+ rating in a research note on Tuesday, May 29th. ValuEngine cut Enstar Group from a buy rating to a hold rating in a research note on Wednesday, May 2nd.
- [By Andy Pai]
Akre capital often holds positions for over ten years. As long as a company is able to keep increasing its economic value, the firm will hold a stock. Although the firm is a long-term investor, Akre doesn't attribute its success to ‘buy and hold' investing, but to the quality of the companies they buy. Some of the companies' long-term holdings have included Markel Corporation (NYSE: MKL), Dollar Tree, Inc. (NASDAQ: DLTR) and Enstar Group Ltd. (NASDAQ: ESGR).
- [By Logan Wallace]
Enstar Group (NASDAQ: ESGR) and Kemper (NYSE:KMPR) are both mid-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, analyst recommendations, risk, institutional ownership, dividends, valuation and earnings.
Top Undervalued Stocks To Invest In 2019: Zimmer Biomet Holdings, Inc.(ZBH)
Advisors’ Opinion:
- [By Max Byerly]
Renaissance Technologies LLC lifted its holdings in shares of Zimmer Biomet Holdings Inc (NYSE:ZBH) by 96.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 596,000 shares of the medical equipment provider’s stock after buying an additional 293,000 shares during the quarter. Renaissance Technologies LLC owned approximately 0.29% of Zimmer Biomet worth $66,418,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Zimmer Biomet Holdings Inc (NYSE:ZBH) VP Chad F. Phipps sold 30,100 shares of the stock in a transaction dated Friday, September 21st. The shares were sold at an average price of $132.37, for a total value of $3,984,337.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
- [By Max Byerly]
Zimmer Biomet Holdings Inc (NYSE:ZBH) – Investment analysts at Oppenheimer lowered their Q3 2018 earnings estimates for Zimmer Biomet in a research note issued on Monday, July 30th. Oppenheimer analyst S. Lichtman now anticipates that the medical equipment provider will post earnings of $1.59 per share for the quarter, down from their previous estimate of $1.72. Oppenheimer has a “Buy” rating and a $138.00 price target on the stock. Oppenheimer also issued estimates for Zimmer Biomet’s Q4 2018 earnings at $2.22 EPS, FY2018 earnings at $7.64 EPS and FY2019 earnings at $7.97 EPS.
- [By Joseph Griffin]
Adviser Investments LLC acquired a new stake in Zimmer Biomet (NYSE:ZBH) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,318 shares of the medical equipment provider’s stock, valued at approximately $144,000.
- [By Brian Orelli]
Stryker gets to boost its spine division as it competes with Johnson & Johnson (NYSE:JNJ) and Zimmer Biomet (NYSE:ZBH). K2M’s claim to fame is probably its portfolio of 3D-printed spinal devices. In May, it launched the Mojave PL 3D Expandable Interbody System that allows for bony integration at the ends of the device. With the acquisition, Stryker also gets K2M’s chairman, CEO, and president Eric Major, who will stay on as president of Stryker’s spine division.
Top Undervalued Stocks To Invest In 2019: Hitachi Ltd (HTHIF)
Advisors’ Opinion:
- [By ]
The vast dealer network, built up over the more than 90 years that Caterpillar has been in operation, is the key competitive advantage that the company possesses. While Caterpillar’s products are renowned for quality and low downtime, it is the availability of the support service on an international level in tandem with a reputation for product quality is what gives Caterpillar its edge, and has given it pole position among the world’s construction machinery manufacturers in 2017 based on construction equipment sales, outranking Komatsu Ltd. (OTCPK:KMTUF) (OTCPK:KMTUY), Hitachi Ltd. (OTCPK:HTHIF) (OTCPK:HTHIY), Volvo (OTCPK:VOLVF) (OTCPK:VOLVY), the privately-held Liebherr group, the Chinese government-owned XCMG Group, the Doosan Infracore subsidiary of the Doosan Group conglomerate, Sany (OTCPK:SNYYF) (OTC:SNYYY), and John Deere & Co.
- [By ]
Some of the larger companies that have begun incorporating blockchain into their industries include:
Overstock.com (OSTK) , once a retail company, has become one of the biggest blockchain options on the stock market. The company has developed tZERO, a cryptocurrency and blockchain-based registry that complies with the regulations of the U.S. Securities & Exchange Commission. IBM (IBM) has developed blockchain technology that they are using with a large variety of partners in a large variety of industries. One example is their partnership with food retailers, most notably Walmart, to help quickly, efficiently, and securely track the supply chain to help ensure ideal food safety. They have also partnered with Maersk to work on a blockchain platform for global trade. Hitachi (HTHIF) , the Japanese conglomerate that has worked on social infrastructure and IT systems, among other industries, has begun dabbling in blockchain. It has released reports about how it believes the technology can positively impact the financial sector, and how it could potentially be used to create new services for businesses.
There are also ETFs that one can invest in that hold a number of stocks related to blockchain. For example, the Reality Shares Nasdaq NextGen Economy ETF (BLCN) holds stocks in all of the examples above, as well as Intel (INTC) and Cisco Systems (CSCO) .