Franco-Nevada Corporation (NYSE:FNV) is a gold streaming company that operates in the niche precious metals industry, which includes fellow giants Wheaton Precious Metals (NYSE:WPM) and Royal Gold, Inc. (NASDAQ:RGLD). While it’s the youngest of this gold and silver streaming stock trio, it’s also the biggest. However, relative size isn’t the only factor that separates Franco-Nevada from the pack. Here’s what investors need to know before buying its stock.
What Franco-Nevada does
Franco-Nevada’s core business is gold streaming. Simply put, it provides cash up front to miners in exchange for the right to buy gold, silver, and other commodities at reduced rates in the future.
Miners like streaming deals because they provide access to capital beyond the traditional bank, stock, and bond market sources that most companies rely on to finance their businesses. When times are tough for miners, like during commodity downturns, streaming deals can be an important lifeline to reduce debt and/or support spending on key projects. Franco-Nevada likes streaming and royalty deals because they lock in low prices for gold and silver. That provides the company with wide margins in both good markets and, perhaps more important, bad ones.
Best Low Price Stocks To Watch Right Now: Acorn International, Inc.(ATV)
Advisors’ Opinion:
- [By Lisa Levin] Gainers
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Savara Inc. (NAS - [By Lisa Levin]
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- [By Lisa Levin] Gainers
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- [By Ethan Ryder]
Here are some of the headlines that may have impacted Accern’s rankings:
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Acorn International jumps 7% post Q2 results (seekingalpha.com) Acorn International, Inc. (ATV) CEO Jacob Fisch on Q2 2018 Results – Earnings Call Transcript (seekingalpha.com) Acorn International (ATV) Q2 Revenues Rise 39.4% (streetinsider.com) Acorn International Reports Financial Results for the Second Quarter and First Half of 2018 (finance.yahoo.com) Acorn International to Report Results for the Second Quarter of 2018 (finance.yahoo.com)
ATV traded up $0.54 during trading on Friday, hitting $22.01. 50 shares of the company’s stock traded hands, compared to its average volume of 6,431. Acorn International has a 12-month low of $13.21 and a 12-month high of $38.86.
Best Low Price Stocks To Watch Right Now: Landstar System, Inc.(LSTR)
Advisors’ Opinion:
- [By Asit Sharma]
Jacksonville, Florida-based third-party logistics (3PL) provider Landstar System, Inc. (NASDAQ:LSTR) enjoyed record revenue in the first quarter of 2018. The handsome $1.05 billion top line was accompanied by record quarterly gross profit of $155.5 million. Investors have applauded the performance: Though volatile, Landstar’s stock has gained nearly 9% year to date, and over a 12-month period, the LSTR symbol has returned nearly 29%. As we look ahead to second-quarter results, which will be reported next month, can the Landstar maintain the vigorous earnings momentum that has supported its stock price ascent?
- [By Joseph Griffin]
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- [By Joseph Griffin]
Landstar System (NASDAQ:LSTR) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Saturday.
Best Low Price Stocks To Watch Right Now: Flaherty & Crumrine Total Return Fund Inc(FLC)
Advisors’ Opinion:
- [By Logan Wallace]
News articles about Flaherty & Crumrine Total Return Fd (NYSE:FLC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Flaherty & Crumrine Total Return Fd earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.1757663908196 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.