Tag Archives: MU

Macy’s And Micron Ignite A Rally – Cramer’s Mad Money (5/16/18)

Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Wednesday, May 16.

Can just two stocks ignite a rally? They can. Case in point – Macy’s (NYSE:M) and Micron Technology (NASDAQ:MU) on Wednesday. The market had been engulfed with macro news and tensions of rising oil prices, rising interest rates, US-China relations, North Korea. “In this situation, we can actually care about individual companies and what they have to tell us, provided that these companies are important enough to their sectors that they can give us tremendous pin action,” said Cramer.

Micron Technology was considered to be a commodity company in an industry with high competition. Micron was upgraded by RBC with an $80 price target. This led to pin action in the semiconductor group that led other semis to rally. “The semiconductors are a powerful leadership group, and today they took their rightful place at the front, all because of these Micron recommendations,” said Cramer.

The retail group was led by Macy’s, which reported better than expected earnings and lifted profit guidance. Just six days before the earnings, Morgan Stanley had downgraded the stock. CEO Jeff Gennette is leading an incredible turnaround. “Gennette did so much good here, like creating a team of merchants and technology experts that have melded brands with e-commerce and private label to produce some incredible results,” added Cramer. This led to pin action in other retail stocks.

The important thing to note is that both these stocks were under pressure as the street had given up on them and they ended up surprising the market.

CEO interview – PayPal (NASDAQ:PYPL)

PayPal will hold its investor day next week. Cramer interviewed CFO John Rainey to find out what lies ahead.

Rainey said at the next investor meeting they will be talking about their separation from eBay (NASDAQ:EBAY) and their capital allocation plans. Splitting with eBay was always on the cards and they represent 13% of PayPal’s business and will be an integral part of the platform.

PayPal’s strong cash flows allow them to acquire for growth and return capital to shareholders. Commenting on future growth, Rainey said that there are 2B people around the world without a bank account and 70% of them have mobiles. They would like to have accounts, loans and mortgages and this is a tremendous opportunity for PayPal.

PayPal was also one of the first companies to let merchants accept cryptocurrencies. “Because of the volatility of the cryptocurrencies, the merchants were seeing swings in crypto that threatened the viability of their businesses. If you’re a merchant and you have, let’s say, a 10% margin on a product that you sell and you accept bitcoin, for example, and the very next day it moves 15%, you’re now underwater on that transaction. So what happens, or what was happening, is they were immediately moving that to a more stable currency,” added Rainey.

Defense stocks

If someone liked defense stocks like Lockheed Martin (LMT), Northrop Grumman (NYSE:NOC) and Raytheon (NYSE:RTN) before the earnings, they should like them even more now. All these stocks reported good earnings but have lost momentum.

Lockheed Martin posted good earnings and guidance but fell after cash flow comments on the conference call. Northrop Grumman too reported good earnings and guidance but did not rise as much as expected. Lastly, Raytheon reported a modest earnings beat.

Cramer said defense stocks are being traded on daily headlines and hence peace talks with North Korea led to a selloff in defense stocks. Defense stocks should instead trade on military spending and with rising tensions in the Middle East, the governments across the globe are buying defense equipment. The weakness in these stocks is a buying opportunity.

CEO interview – Tableau (NYSE:DATA)

The stock of Tableau went up on Q1 revenue beat and analysts upgraded the stock. Cramer interviewed Adam Selipsky to hear what lies ahead for the company. Tableau is up 34% in 2018.

Selipsky said that users spend 80% of the time preparing the data and 20% analyzing it. Their new platform Tableau Prep flips the equation and uses smart algorithms to perform tasks like combining columns automatically so data can be prepared easily for analysis.

The company has partnered with Charles Schwab and about 50% of the company employees are using Tableau on a daily basis not just for financial planning, but other back office functions too. They also offer cloud services like deployment options, including on-premise and fully managed solutions to help companies transition to the cloud.

Viewer calls taken by Cramer

Boston Scientific (NYSE:BSX): It’s a great company and Cramer is sticking by it despite the 60 Minutes report.

Lennar (NYSE:LEN): It is a terrific company and it is down due to rising interest rates. Cramer thinks it doesn’t deserve to go down.

Discovery Financial Services (NYSE:DFS): It’s cheap versus bigger banks. It’s a buy.

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Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

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Tuesdays Vital Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)

U.S. stock futures are headed higher this morning, pointing toward a positive open. The Dow Jones Industrial Average is on track to break its four-session losing streak, but corporate earnings have yet to play out.

stock market today

In fact, Dow members The Coca-Cola Company (NYSE:KO) and United Technologies Corporation (NYSE:UTX) release their quarterly reports today.

Against this backdrop, Dow Jones futures are up 0.63%, S&P 500 futures have gained 0.58% and Nasdaq-100 futures are higher by 0.55%.

Turning to the options pits, volume was exceedingly low on Monday. Only about 15.7 million calls and 13.6 million puts changed hands on the session. The CBOE single-session equity put/call volume ratio fell to a two-week low of 0.61. The 10-day moving average held at 0.63.

Leading Monday’s activity, Micron Technology, Inc. (NASDAQ:MU) call options were active following another broadside from analysts at UBS. Elsewhere, Facebook, Inc. (NASDAQ:FB) options activity was the lowest in years heading into tomorrow’s quarterly report. Finally, AT&T Inc. (NYSE:T) is dealing with a collusion probe from the Justice Department ahead of earnings.

Tuesday’s Vital Options Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-300×131.png 300w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-200×88.png 200w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-400×175.png 400w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-116×51.png 116w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-100×44.png 100w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-114×50.png 114w,https://investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-78×34.png 78w” sizes=”(max-width: 566px) 100vw, 566px” />

Micron Technology, Inc. (MU)

Back on April 5, UBS initiated MU stock with a “sell” rating and a $35 price target. The initiation hit MU shares hard, sending them down more than 10% in the next two day. Yesterday, UBS reiterated its “sell” stance on MU stock, with predictable results.

MU stock dropped more than 3% to roughly $49. According to UBS, Micron could lose share in the DRAM and NAND markets in 2019 due to shifts in production and technology.

MU options traders favored calls in the midst of the decline. Volume was light, arriving at 277,000 contracts, or about 93% of MU’s daily average. But, calls made up 69% of all contracts traded.

There are signs that this renewed attention to MU call options may be bulls cutting their losses. Specifically, the May put/call open interest ratio has risen to 0.67 from last Thursday’s reading of 0.60. Rising pessimism amid weak price action is is a bearish signal for MU stock. Traders should keep a close eye on the situation.

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Facebook, Inc. (FB)

Typically, stocks make the most active options listing for the popularity of their underlying options activity — its inherent in the filter after all. Facebook, however, managed to make the list while posting the lowest daily average volume I’ve seen since I began writing this column. And it did so with earnings on tap tomorrow.

Total options volume for Facebook stock came in at about 189,000 contracts yesterday, volume that would be impressive for other stocks. But this activity made up only 37% of FB’s daily average. In other words, Facebook options volume was typically higher two-thirds of the time in the past year.

Despite the low total, call volume made up an average 62% of yesterday’s take, arriving in-line with typical call activity for Facebook.

Facebook is expected to post a profit of $1.36 per share on revenue of $11.41 billion tomorrow. Those figures are up roughly 30% and 42%, respectively, year over year. EarningsWhispers.com puts the whisper number at $1.48 per share.

As for weekly April 27 options, implieds are pricing in a post-earnings move of about 6%. The upper bound lies at $175.75 and the lower at $156. Given that the April 27 put/call OI ratio has fallen from 0.66 last Wednesday to 0.53 today, it appears that FB options traders are betting on a post-earnings rally.

AT&T Inc. (T)

AT&T is set to report earnings after the close tomorrow. Analysts are expecting Wall Street is looking for an 18% jump in earnings to 88 cents per share and a 0.2% drop in revenue to $39.29 billion. That said, the Justice Department is casting a long shadow over the event.

We all know that AT&T is in a battle for approval of its acquisition of Time Warner Inc. (NYSE:TWX). However, the company is now facing an investigation into potential collusion with Verizon Communications, Inc. (NYSE:VZ).

According to reports, the DOJ is looking at whether the two companies colluded on wireless-standards to make it harder for people to switch to new phone carriers. Apple Inc. (NASDAQ:AAPL) was among those who reportedly asked the DOJ to look into the issue.

The recent negative attention has had a chilling effect on T options. For instance, the April 27 put/call OI ratio has risen from 0.41 last Tuesday to today’s reading of 0.48. Calls dominated yesterday’s volume, making up 60% of the overall activity. This may be a sign that T options traders are ditching calls in favor of less exposure ahead of what could be a volatile earnings report.

As of this writing, Joseph Hargett held no positions on any of the aforemen

Mondays Vital Data: Apple, Micron and General Electric

U.S. stock futures are headed lower this morning, as Wall Street digests the possibility of more interest rate hikes in 2018. On Friday, Cleveland Fed President Loretta Mester hinted to Reuters at the possibility of four rate hikes this year. On Saturday, San Francisco Fed President John Williams backed the current pace of three hikes due to economic lift from the tax plan.

More from the Fed will arrive today. Atlanta Fed President Raphael Bostic is due to speak at the Rotary Club of Atlanta this afternoon. Additionally, Boston Fed President Eric Rosengren will participate in a panel to discuss whether Fed should stick to a 2% inflation target.

While futures were headed higher early this morning, they have since reversed course. At last check, Dow Jones Industrial Average futures are down 0.06%, S&P 500 futures are off 0.15% and Nasdaq-100 futures have fallen 0.13%.

Turning to the options pits, Friday’s volume remained brisk. Overall, about 20.5 million calls and 16.4 million puts changed hands. The CBOE single-session equity put/call volume ratio rose to 0.58. The 10-day moving average held at 0.56.

Taking a closer look at Friday’s options activity, Apple Inc. (NASDAQ:AAPL) attracted heavy call volume heading into what proved to be a rather rough weekend for the company. Meanwhile, Micron Technology, Inc. (NASDAQ:MU) options received a sentiment boost after a bullish note on memory chip demand from Keybank. Finally, General Electric Company (NYSE:GE), last year’s ultimate dog of the Dow, has emerged as one of 2018’s top 10 favorites.

Monday’s Vital Options Data: Apple Inc (AAPL), Micron Technology, Inc. (MU) and General Electric Company (GE)investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-300×138.png 300w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-65×30.png 65w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-200×92.png 200w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-400×184.png 400w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-116×53.png 116w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-100×46.png 100w,https://investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-109×50.png 109w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-78×36.png 78w, investorplace.com/wp-content/uploads/2018/01/01-08-2017-Top-Ten-Options-170×78.png 170w” sizes=”(max-width: 547px) 100vw, 547px” />

Apple Inc (AAPL)

Apple stock options were extremely call heavy on Friday. Volume topped out at 543,000 contracts, with calls snapping up an above average 69% of the day’s take. The net effect was to drive AAPL’s January 2018 put/call open interest ratio lower from a reading near 1.16 to today’s perch at 1.12.

Sentiment was up after the company said that it would quickly patch any semiconductor vulnerabilities. Chip stocks were hit hard after revelations of exploits affecting Intel Corporation (NASDAQ:INTC) and Advanced Micro Devices, Inc. (NASDAQ:AMD) processors.

Today, however, could be a different story. Apple was hit with fresh concerns over worker conditions in China following the suicide of a Foxconn worker at an iPhone production plant this weekend. Additionally, investors are calling for Apple to investigate the potential harm of iPhone and tablet-like devices on children.

AAPL stock is down fractionally in pre-market trading.

Micron Technology, Inc. (MU)

Micron stock remained volatile on Friday, despite a bullish research note from analysts at Keybanc. According to Keybanc, news in the DRAM and NAND markets is “neutral to good.” Specifically, DRAM supply is tight and should help support prices, while NAND is headed for “oversupply.” However, NAND oversupply should work its way out of the system later this year, returning pricing power to Micron.

Options traders appeared to take profits following the recent run higher, however. Volume on Friday rose to 305,000 contracts, with calls accounting for 65% of the day’s take.

The resulting January 2018 put/call OI ratio rose to 0.65 from last week’s reading of 0.62. The activity hints that options traders may be taking profits after MU rallied more than 11% last week.

General Electric Company (GE)

After finishing 2017 as the worst performing member of the Dow Jones Industrial Average, GE stock has emerged as one of the potential top performers of 2018. General Electric has made the top 10 list of several notable top-ranked stock newsletters, including George Putnam’s, The Turnaround Letter.

GE stock is already up more than 6% in 2018, enjoying a solid first week for the year. Options traders have also taken up the bullish call. Volume on Friday rose to 272,000 contracts, or more than 1.5 times GE’s daily average. Calls gobbled up 72% of the day’s take.

Short-term options traders have grown heavily bullish on GE stock heading into the first expiration of 2018. Specifically, the January put/call OI ratio has fallen to a reading of 0.43, with calls more than doubling puts among front-month options.

Finally, there could be more gains to come. GE closed above its 50-day moving average on Friday and could be set to challenge resistance at $19 this week. A breakout above resistance at $19 could be a significant short-term boon for GE bulls.

As of this writing, Joseph Hargett was long General Electric Company (GE) stock.

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10 Stocks to Buy for Surefire Gains in 2018 and Beyond

With everyone looking ahead now to 2018, investors are getting bombarded with ideas regarding the best stocks to buy.

Everyone has their own suggestion about which stocks are going to hit the big time in the coming months, but fear not! Here we have a list of 10 sure-fire winners that tick all the boxes. These stocks to buy are not purely subjective. Instead, they have big support from the Street’s top analysts and the upside potential to match based on the average analyst price target.

I found these stocks using a nifty Top Analyst Stocks tool on TipRanks. This pulls up stocks with bullish recent ratings from multiple top analysts. Scanning through this list, I was able to identify 10 top stocks that make compelling investing opportunities right now. Just to note, I purposefully eliminated stocks that only have big upside potential because share prices are plummeting.

With that in mind, let’s dive in and see which stocks make the cut for 2018:

Stocks to Buy: Micron (MU) Stocks to Buy: Micron (MU)investorplace.com/wp-content/uploads/2017/09/mumsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2017/09/mumsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2017/09/mumsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2017/09/mumsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2017/09/mumsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2017/09/mumsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2017/09/mumsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2017/09/mumsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2017/09/mumsn-78×43.jpg 78w,https://investorplace.com/wp-content/uploads/2017/09/mumsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />Source: Shutterstock

Over the last three months, semiconductor stock Micron Technology, Inc. (NASDAQ:MU) has received a whopping 19 buy ratings and just 3 hold ratings. As a result, the stock has a ‘Strong Buy’ analyst consensus rating. These analysts believe (on average) that Micron has big upside potential of over 30% from the current share price. This would take MU from $44.12 all the way to $57.65. Bear in mind, MU has already doubled year-to-date!

Five-star Rajvindra Gill assigned a buy rating to MU with a very confident $76 price target on Dec. 20 (72% upside). He says the market is undervaluing MU and he sees serious potential in: 1) 3D NAND transition, which generates a significant cost advantage (30%-35%); and 2) technology limitations in DRAM supply growth.

“We believe investors are focusing too heavily on a NAND pricing decline to see the big picture. With another record quarter and guide (beat revenue and EPS consensus by 5.6% and 11.4%, respectively) in the bag, Micron is on track to generate quarterly EPS of nearly $2.50 or roughly $10 per share of annualized earnings” said Gill on Dec. 20.

Note that this is a top analyst worth following. He is ranked No. 43 out of over 4,700 analysts tracked by TipRanks.

Stocks to Buy: Spark Therapeutics (ONCE)

Stocks to Buy: Spark Therapeutics (ONCE)investorplace.com/wp-content/uploads/2017/08/oncemsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2017/08/oncemsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2017/08/oncemsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2017/08/oncemsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2017/08/oncemsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2017/08/oncemsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2017/08/oncemsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2017/08/oncemsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2017/08/oncemsn-78×43.jpg 78w,https://investorplace.com/wp-content/uploads/2017/08/oncemsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />

Spark Therapeutic Inc’s (NASDAQ:ONCE) innovative gene therapy has just received a critical approval from the Food and Drug Administration. Excitingly, this is the first gene therapy to restore sight to individuals with a rare inherited eye disease that can cause blindness. The treatment, known as Luxturna, can treat both children and adults. Following the news, three analysts quickly reiterated their Spark buy ratings.

“Today’s approval marks another first in the field of gene therapy — both in how the therapy works and in expanding the use of gene therapy beyond the treatment of cancer,” said FDA commissioner Scott Gottlieb. “This milestone reinforces the potential of this breakthrough approach in treating a wide range of challenging diseases.”

Overall this ‘Strong Buy’ stock has a bullish average analyst price target of $73 (38% upside potential). We don’t know the drug’s price just yet, but Phil Nadeau, a top Cowen & Co analyst, says: “$500,000 per procedure is reasonable for a once-per-lifetime therapy that has the potential to be curative.”

Meanwhile, Raymond James’ Reni Benjamin notes that: “1) with no negative surprises, the label is slightly better than expected, only excluding the use of this gene therapy in infants under 12 months of age; 2) Spark also received a Rare Pediatric Disease Priority Review Voucher, which we estimate is worth approximately $125 million based on recent transactions.”

Stocks to Buy: Alcoa (AA) Stocks to Buy: Alcoa (AA)investorplace.com/wp-content/uploads/2016/06/aamsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2016/06/aamsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2016/06/aamsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2016/06/aamsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2016/06/aamsn-65×36.jpg 65w, investorplace.com/wp-content/uploads/2016/06/aamsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2016/06/aamsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2016/06/aamsn-78×43.jpg 78w, investorplace.com/wp-content/uploads/2016/06/aamsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />Source: Josh Hallett via Flickr (Modified)

Pennsylvania-based Alcoa Corp (NYSE:AA) is the world’s sixth largest producer of aluminum with locations all over the world. The stock is catching the attention of investors following a bullish upgrade from Credit Suisse. On Dec. 20, five-star Credit Suisse analyst Curt Woodworth ramped up his price target from $42 to $61. This now suggests 22% upside potential from the current price. Woodworth is anticipating that tighter aluminum supply will push up prices due to alumina and bauxite closures.

“We note three smelters curtailed production last week, and the government is set to sharply increase inspections in January. We expect the aluminum market to tighten into late 1Q-18 as downstream demand sharply recovers.” Plus, China’s increased commitment to environmental policy will further curtail supply according to Woodworth.

Overall, AA has a ‘Strong Buy’ rating, with only buy ratings from top analysts in the last three months. At the same time, the average analyst price target of $60 stands at 20% upside from the current share price.

Stocks to Buy: MasTec (MTZ) Stocks to Buy: MasTec (MTZ)investorplace.com/wp-content/uploads/2017/01/mtzmsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2017/01/mtzmsn-78×43.jpg 78w,https://investorplace.com/wp-content/uploads/2017/01/mtzmsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />Source: Shutterstock

Keep a close eye on Florida-based specialty contractor engineer MasTec, Inc. (NYSE:MTZ) in 2018. The company’s work spans electric power infrastructure, oil and natural gas pipelines, renewable energy facilities and wireless networks. Strength across the board has resulted in 100% Street support with seven analysts publishing recent buy ratings. Indeed, MTZ has received no hold or sell ratings from the Street for over 8 months.

“We reiterate a BUY on MTZ ahead of what we expect to be increasing 2018 estimates and an expanding multiple. With all segments poised for growth in 2018, a more diversified positive top line performance is likely to be enhanced on the bottom line by better Oil and Gas margins and a generally improving pricing and mix environment from large projects” writes top Canaccord Genuity analyst Robert Burleson. His buy rating comes with a $58 price tag (15% upside). We can also see that he has an incredible track record on his MTZ ratings with a 100% success rate and 51.6% average return.

Stocks to Buy: TherapeuticsMD (TXMD) Stocks to Buy: TherapeuticsMD (TXMD)investorplace.com/wp-content/uploads/2017/12/txmdmsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2017/12/txmdmsn-78×43.jpg 78w,https://investorplace.com/wp-content/uploads/2017/12/txmdmsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />Source: Shutterstock

I have already banged on about TherapeuticsMD Inc (NASDAQ:TXMD) in my recent piece on top healthcare stocks. But this is an intriguing stock pick that I felt was worth including again. TXMD is a unique biotech making waves in the world of female healthcare. The company develops and commercializes products exclusively for women. Its lead product candidate is the TX-004 soft gel capsule for post-menopausal pain. This approach clearly has the backing of the Street, as TXMD has a Strong Buy analyst consensus rating.

In fact, in the last three months, TherapeuticsMD has received seven back-to-back buy ratings. Plus the $15.30 average analyst price target represents a huge 161% upside from the $6 current share price. Crucially, even the lowest price target of $9 from Noble Financial and Deutsche Bank still suggests 55% upside potential.

The most bullish analyst of the pack is top Cantor Fitzgerald analyst William Tanner. He reiterated his TXMD buy rating on Dec. 19 with a $28 price target. Tanner notes that the FDA has opted to conduct a longer Class 2 review of TX-004. But ultimately, he calls the drug ‘an important new therapy’ for atrophy. He says: “We believe the likelihood of approval is high, 85% probability, the highest we use to account for some revenue forecasting uncertainty.”

Stocks to Buy: Amazon (AMZN) Stocks to Buy: Amazon (AMZN)investorplace.com/wp-content/uploads/2016/05/amznmsn2-300×165.jpg 300w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-55×30.jpg 55w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-200×110.jpg 200w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-162×88.jpg 162w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-65×36.jpg 65w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-100×55.jpg 100w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-91×50.jpg 91w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-78×43.jpg 78w, investorplace.com/wp-content/uploads/2016/05/amznmsn2-170×93.jpg 170w” sizes=”(max-width: 728px)100vw, 728px” />Source: Mike Seyfang via Flickr

Year-to-date Amazon.com, Inc. (NASDAQ:AMZN) has already soared by 56%. But even with shares at $1,176, we can see that the Street still sees AMZN spiking over 11% to $1,311. In fact, in the last three months this stock has received an eyebrow-raising 33 buy ratings vs. just one hold rating.

The most recent rating comes from top RBC Capital analyst Mark Mahaney. He has just carried out a survey on Amazon’s intelligent personal assistant Alexa. And he likes what he sees. “Following our third annual Alexa survey, we are more impressed with the traction of these devices and more convinced of their potential long-term impact. With tens of millions of users and 20K+ skills, we see Alexa’s value prop as becoming increasingly powerful as awareness and ownership ramp. We think AMZN could see $10-$11B in Alexa-related Rev by 2020.”

In fact, recent reports suggest Alexa made a popular holiday gift. On Christmas Day, Amazon’s Alexa app took the No. 1 spots on both the U.S. Google Play and iPhone App Stores’ free app charts.

Stocks to Buy: Comcast (CMCSA) Stocks to Buy: Comcast (CMCSA)investorplace.com/wp-content/uploads/2016/09/cmcsamsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-65×36.jpg 65w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-91×50.jpg 91w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-78×43.jpg 78w, investorplace.com/wp-content/uploads/2016/09/cmcsamsn-170×93.jpg 170w” sizes=”(max-width: 728px)100vw, 728px” />Source: Mike Mozart via Flickr

The cable sector has been down in the dumps, but it is now looking for a comeback in 2018. And there is one company that stands out in particular: mass media king Comcast Corporation (NASDAQ:CMCSA). In the last three months, Comcast scores 10 out of 10, with 10 consecutive buy ratings from the Street. These analysts have an average price target of $45- 10% upside from the current share price.

Top Pivotal Research analyst Jeffrey Wlodarczak is confident that the stock is setup for a solid 2018. On Dec. 19, he told investors: “Recall, our belief that the cable malaise would be winding down by year-end ’17 and we continue to believe that this is the case. Comcast management’s data guidance raise in 4Q, implied material acceleration in capital returns and ’18 cable EBITDA margin expansion helped alleviate these investor fears.”

Plus, he believes that “the elimination of net neutrality laws, which effectively gave regulatory cover for video/phone competitors to freely use the cable plant, should also help with monetization.” His $50 price target translates into 22% upside potential.

Stocks to Buy: Smart Global Holdings (SGH) Stocks to Buy: Smart Global Holdings (SGH)investorplace.com/wp-content/uploads/2017/12/SGHmsn-300×150.jpg 300w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-768×384.jpg 768w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-60×30.jpg 60w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-200×100.jpg 200w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-400×200.jpg 400w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-116×58.jpg 116w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-100×50.jpg 100w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-78×39.jpg 78w, investorplace.com/wp-content/uploads/2017/12/SGHmsn-800×400.jpg 800w,https://investorplace.com/wp-content/uploads/2017/12/SGHmsn-170×85.jpg 170w” sizes=”(max-width: 950px) 100vw, 950px” />Source: Shutterstock

SGH is a global leader in specialty memory, storage and hybrid solutions for the electronics industry for over 25 years. On the back of a strong beat and raise quarter, three analysts reiterated their Smart Global Holdings Inc (NASDAQ:SGH) buy ratings on Dec. 22. Shares popped 10% on the news. And now these analysts say shares can move another 25% from the current share price to hit $43.

SGH CEO Iain MacKenzie commented that the company enjoyed “strength across the board.” Revenue, gross margin and earnings-per-share all exceeded the high ends of previous guidance. He now has even higher hopes for the coming quarters, due to Brazil and the improving global memory market. Indeed, current strength in Brazil is expected to continue throughout the year as the economy recovers.

Stocks to Buy: Aerie Pharmaceuticals (AERI) Stocks to Buy: Aerie Pharmaceuticals (AERI)investorplace.com/wp-content/uploads/2017/07/biotechmsn-300×165.jpg 300w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-55×30.jpg 55w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-200×110.jpg 200w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-162×88.jpg 162w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-400×220.jpg 400w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-116×64.jpg 116w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-100×55.jpg 100w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-91×50.jpg 91w,https://investorplace.com/wp-content/uploads/2017/07/biotechmsn-78×43.jpg 78w, investorplace.com/wp-content/uploads/2017/07/biotechmsn-170×93.jpg 170w” sizes=”(max-width: 728px) 100vw, 728px” />Source: Shutterstock

Eye disease pharma Aerie Pharmaceuticals Inc (NASDAQ:AERI) received an early holiday gift from the FDA. The US regulatory body has just approved Aerie’s lead product Rhopressa two months ahead of schedule. Aerie is now set to hire a 100-person strong sales force in preparation for launch in 2Q18.

“The FDA has approved Aerie’s Rhopressa drug for the treatment of patients with open angle glaucoma or ocular hypertension. We see this announcement as a positive for the company and also a positive read-through for the potential upcoming approval of Roclatan in 2019,” writes five-star Mizuho analyst Difei Yang.

Intriguingly, she also adds: The approval of Rhopressa reinforces our view that Aerie Pharmaceuticals is a strong takeout candidate.” Yang has an $87 price target on the stock and a very strong AERI track record (86% success rate and 73% average return).

Overall, AERI boasts 100% Street support with 7 buy ratings in the last three months. These analysts believe (on average) that AERI can leap a further 32% in the coming months.

Stocks to Buy: Facebook (FB) Stocks to Buy: Facebook (FB)investorplace.com/wp-content/uploads/2017/11/fbmsn-300×150.jpg 300w, investorplace.com/wp-content/uploads/2017/11/fbmsn-768×384.jpg 768w, investorplace.com/wp-content/uploads/2017/11/fbmsn-60×30.jpg 60w, investorplace.com/wp-content/uploads/2017/11/fbmsn-200×100.jpg 200w, investorplace.com/wp-content/uploads/2017/11/fbmsn-400×200.jpg 400w, investorplace.com/wp-content/uploads/2017/11/fbmsn-116×58.jpg 116w, investorplace.com/wp-content/uploads/2017/11/fbmsn-100×50.jpg 100w, investorplace.com/wp-content/uploads/2017/11/fbmsn-78×39.jpg 78w, investorplace.com/wp-content/uploads/2017/11/fbmsn-800×400.jpg 800w,https://investorplace.com/wp-content/uploads/2017/11/fbmsn-170×85.jpg 170w” sizes=”(max-width: 950px) 100vw, 950px” />Source: Shutterstock

Social media giant Facebook Inc (NASDAQ:FB) has a big catalyst heading its way for 2018. The company has already premiered its ‘Watch’ tab, but 2018 could be the year where it really takes off. (Of course, this is on top of all the stock’s other catalysts like Instagram, WhatsApp and a new Direct messaging app.)

One of TipRanks’ top 100 analysts, Brent Thrill, believes the ‘Watch’ tab is about to make a sizeable impact on user video consumption. He says the tab will drive video engagement alongside improved network effects and sharing. Plus, Facebook’s data-driven approach to content and partner revenue share agreements is the smart way to go. He is now looking for revenue purely from the Watch tab to hit $12 billion in 2022. Thrill’s $225 price target suggests considerable upside of 27% from the current share price.

Strong Buy stock FB has scored 30 buy ratings and just 1 sell rating in the last three months. Meanwhile, the average analyst price target of $210 indicates 19% upside potential.

TipRanks offers investors the latest insight into eight different sectors by tracking the activity of 4,700 analysts, 5,000 financial bloggers and even 37,000 corporate insiders. As of this writing, Harriet Lefton did not hold a position in any of the aforementioned securities.

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Wednesdays Vital Data: Micron Technology, Inc. (MU), Tesla Inc (TSLA) and Alibaba Group Holding L

U.S. stock futures are headed toward record highs once again this morning. Senate Republicans passed the tax bill and sent it back to the House for approval. The tax plan had several budget rules violations that the Senate stripped out. The House is expected to vote on the plan today and send it to President Trump’s desk for signing this week.

stock market todayWith the tax plan now on the verge of implementation, Wall Street is in rally mode once again. Heading into the open, futures on the Dow Jones Industrial Average are up 0.34%, with S&P 500 futures gaining 0.31% and Nasdaq-100 futures rising 0.38%.

Options volume died off on Tuesday. Only about 14.8 million calls and 12.2 million puts changed hands on the session. The CBOE single-session equity put/call volume ratio rose to 0.53 and the 10-day moving average held at 0.58.

Turning to Tuesday’s options activity, Micron Technology, Inc. (NASDAQ:MU) drew heavy call volume ahead of last night’s quarterly earnings report. Meanwhile, Tesla Inc (NASDAQ:TSLA) options were mixed despite a new order for 125 semi-trucks from United Parcel Service, Inc. (NYSE:UPS). Finally, Alibaba Group Holding Ltd (NYSE:BABA) is getting double-teamed in China as Tencent Holdings Limited (OTCMKTS:TCEHY) and JD.com, Inc. (NASDAQ:JD) team up against the country’s biggest e-commerce retailer.

Wednesday’s Vital Options Data: Micron Technology, Inc. (MU), Tesla Inc (TSLA) and Alibaba Group Holding Ltd (BABA)

Micron Technology, Inc. (MU)

Micron put to rest the recent analyst reports of a slowdown in semiconductor demand. Micron reported quarterly earnings of $2.45 per share on revenue of $6.80 billion. Revenue was up 71% year-over-year and bested Wall Street’s target for sales of $6.39 billion. Earnings topped the consensus by 25 cents per share.

What’s more, operating cash flow surged 220% from the same quarter last year to $3.64 billion. In the accompanying conference call, Micron CEO Sanjay Mehrotra said, “Micron’s strong results were driven by double-digit sequential revenue growth in mobile, server and SSD applications, with expanded gross margins and improved profitability.”

MU options traders were bullish heading into the report. Volume rose to 408,000 contracts, with calls making up 68% of the day’s take. Looking out to January 2018, MU options traders remain quite bullish. The January 2018 put/call open interest ratio currently rests at 0.63, with calls on the verge of doubling puts among back-month options. Peak call OI for the series totals more than 96,000 contracts and rests at the overhead $50 strike.

Tesla Inc (TSLA)

TSLA stock extended its recent decline on Tuesday, dropping roughly 2.3% to test support near $330. The decline came despite UPS announcing a pre-order of 125 electric semi-trucks from Tesla. It was the largest such order to date, outstripping Pepsico’s order of 100 semi-trucks last week.

TSLA options traders appeared reluctant to jump on board with Tesla on Tuesday. Volume rose to 151,000 contracts, with calls only accounting for 59% of the day’s take. That said, put OI is falling in the January 2018 series.

The put/call OI ratio for January 2018 arrives at 1.51 this morning, down from 1.53 on Wednesday last week. A continued unwinding of this pessimism could have a buoying effect on TSLA stock.

Alibaba Group Holding Ltd (BABA)

The problem with being at the top is that it places a rather large target on your back. Both Tencent and JD.com have taken aim at Alibaba by taking out large stakes in online discount retailer Vipshop Holdings Limited (NYSE:VIPS). Tencent is investing $604 million for a 7% stake in Vipshop, while JD.com is investing $259 million for a 5.5% stake.

The pairing of China’s largest messaging and online gaming company with the country’s No. 3 online retailer didn’t seem to phase BABA options traders too much. Options volume on BABA stock rose to 159,000 contracts, with calls snapping up 66% of the day’s take.

Furthermore, call OI is rising faster than put OI in the January 2018 series. The back-month put/call OI ratio has fallen from a reading north of 1.0 back in November to its current perch at 0.93.

That said, with BABA off about 11% since its November highs, this activity may be the result of profit taking. Traders should keep a close eye on BABA options activity for signs of rising call activity to see if the shares are expected to rebound from their current retreat.

As of this writing, Joseph Hargett did not hold a position in any of the aforementioned securities.

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