Global digital search giant Google (NASDAQ:GOOG) is set to report highly anticipated second quarter earnings after the bell on Monday, 7/23.
I say “highly anticpated” for two reasons. One, GOOG stock sold off after its last earnings report to just above $1,000. Since, GOOG stock has rallied nearly 20% to $1,200. Clearly, big expectations are priced in.
Two, the analyst team at Goldman Sachs just lifted their price target on GOOG stock from $1,250 to $1,350, and reiterated their Buy and Conviction List ratings on the stock. The bullishness ahead of the Q2 earnings report is due to strong advertiser checks which point to upside on pricing and revenue.
Thus, Google’s second quarter earnings report is highly anticipated. And, considering the bullish lift from Goldman and the huge rally into earnings, the numbers need to be quite good in order to send GOOG stock higher.
Unfortunately, I don’t think the numbers will be good enough. Revenue growth will be strong, as always. But margins will remain a headwind. And, at current levels, GOOG stock isn’t priced for that headwind to persist.
Top Heal Care Stocks To Own Right Now: Sears Hometown and Outlet Stores, Inc.(SHOS)
Advisors’ Opinion:
- [By Lisa Levin] Gainers
SenesTech, Inc. (NASDAQ: SNES) shares surged 296.07 percent to close at $1.25 on Monday after the California Department of Pesticide Regulation proposed to register the company's ContraPest for sale and use in California.
AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares gained 19.59 percent to close at $2.93.
TransGlobe Energy Corporation (NASDAQ: TGA) rose 18.39 percent to close at $2.64 on Monday.
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) shares gained 15.91 percent to close at $2.55.
VAALCO Energy, Inc. (NYSE: EGY) shares jumped 14.9 percent to close at $2.39.
Resonant Inc. (NASDAQ: RESN) climbed 13.96 percent to close at $4.49.
Chesapeake Energy Corporation (NYSE: CHK) shares rose 13.55 percent to close at $4.61 on Monday.
Lilis Energy, Inc. (NYSE: LLEX) surged 13.09 percent to close at $5.01.
MB Financial, Inc. (NASDAQ: MBFI) gained 12.9 percent to close at $49.28. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock.
TransEnterix, Inc. (NYSE: TRXC) shares rose 12.83 percent to close at $3.43.
World Wrestling Entertainment, Inc. (NYSE: WWE) jumped 12.52 percent to close at $57.86 on Reports that it has reached a deal with Fox for Its 'Smackdown Live' program.
Eastman Kodak Company (NASDAQ: KODK) rose 12.38 percent to close at $5.90.
NuCana plc (NASDAQ: NCNA) climbed 11.94 percent to close at $26.44. NuCana appointed Dr. Cyrille Leperlier to its Board as an independent non-executive Director.
Aqua Metals, Inc. (NASDAQ: AQMS) rose 11.83 percent to close at $3.97 on Monday.
Huami Corporation (NYSE: HMI) shares jumped 11.27 percent to close at $10.17 following Q1 results.
21Vianet Group, Inc. (NASDAQ: VNET) gained 9.55 percent to close at $7.34.
Boxlight Corporation (NASDAQ: BOXL) rose 8.56 percent to close at $7.86 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the de - [By Lisa Levin]
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) was down, falling around 29 percent to $2.30. Sears Hometown and Outlet Stores reported a Q4 loss of $1.46 per share on revenue of $395.77 million.
- [By Lisa Levin]
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) was down, falling around 29 percent to $2.30. Sears Hometown and Outlet Stores reported a Q4 loss of $1.46 per share on revenue of $395.77 million.
- [By Lisa Levin] Gainers
Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares surged 20.6 percent to $6.39. WBB Securities upgraded Melinta Therapeutics from Hold to Speculative Buy.
Shoe Carnival, Inc. (NASDAQ: SCVL) shares climbed 17.2 percent to $30.87 after the company reported upbeat quarterly earnings.
Acorn International, Inc. (NYSE: ATV) shares rose 15.2 percent to $28.804 after the company declared a special one-time cash dividend of $14.97 per ADS.
Foot Locker, Inc. (NYSE: FL) gained 15 percent to $53.35 after the company reported better-than-expected results for its first quarter.
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) surged 14.2 percent to $2.625.
ArQule, Inc. (NASDAQ: ARQL) rose 13 percent to $5.12 after gaining 4.86 percent on Thursday.
Quality Systems, Inc. (NASDAQ: QSII) gained 12.8 percent to $16.97 after the company posted better-than-expected FQ4 results.
Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) shares rose 12 percent to $12.94.
ArQule, Inc. (NASDAQ: ARQL) shares rose 12 percent to $5.07.
Mirati Therapeutics, Inc. (NASDAQ: MRTX) climbed 11.4 percent to $43.50.
Zai Lab Limited (NASDAQ: ZLAB) gained 11.3 percent to $24.7000.
Zymeworks Inc. (NASDAQ: ZYME) rose 9.7 percent to $19.64.
Park City Group, Inc. (NASDAQ: PCYG) climbed 9 percent to $7.90.
Roku, Inc. (NASDAQ: ROKU) gained 7.9 percent to $38.82 after Citron reversed previously bearish position on the stock.
Sears Holdings Corporation (NASDAQ: SHLD) shares jumped 7.3 percent to $3.55.
Deckers Outdoor Corp (NYSE: DECK) rose 3.5 percent to $107.27 after reporting better-than-expected results for its fiscal fourth quarter.Check out these big penny stock gainers and losers
- [By Lisa Levin]
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) was down, falling around 29 percent to $2.30. Sears Hometown and Outlet Stores reported a Q4 loss of $1.46 per share on revenue of $395.77 million.
Top Heal Care Stocks To Own Right Now: Daiichi Sankyo Company, Limited (DSKYF)
Advisors’ Opinion:
- [By ]
Daiichi Sankyo (OTCPK:DSKYF)
There are 4 members of the EGF receptor family, but in cancer research we tend to focus mainly on the first two: EGFR and HER2. But we are also gaining a better understanding of the third family member, HER3, which is an odd duck because of its willingness to form dimers not with itself, but with other members of the EGFR family. And it is highly active in PI3K/Akt signaling, as well. So it’s no surprise that companies are trying to exploit this receptor as a therapeutic target. DSKYF’s U3-1402 is an antibody-drug conjugate targeting HER3 and delivering a lethal payload to tumor cells. This phase 1/2 study focused on the use of this agent in metastatic breast cancer overexpressing HER3.
Top Heal Care Stocks To Own Right Now: Dermira, Inc.(DERM)
Advisors’ Opinion:
- [By WWW.GURUFOCUS.COM]
For the details of Novo A’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Novo+A
These are the top 5 holdings of Novo AInogen Inc (INGN) – 3,549,320 shares, 59.83% of the total portfolio. Acceleron Pharma Inc (XLRN) – 1,553,937 shares, 9.34% of the total portfolio. Dermira Inc (DERM) – 1,984,364 shares, 7.81% of the total portfolio. Shares added by 3.27%Corvus Pharmaceuticals Inc (CRVS) – 3,244,046 shares, 4.76% of the total portfolio. Akebia Therapeutics Inc (AKBA) – 2,225,000 shares, 4
- [By Stephan Byrd]
Dermira Inc (NASDAQ:DERM) CEO Thomas G. Wiggans bought 12,000 shares of the business’s stock in a transaction on Monday, July 9th. The stock was purchased at an average cost of $10.00 per share, for a total transaction of $120,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
- [By Paul Ausick]
Dermira Inc. (NASDAQ: DERM) traded down about 64% Monday and posted a new 52-week low of $8.95 after closing Friday at $25.16. The stock’s 52-week high is $38.39. Volume was about 40 times the daily average of around 615,000 shares. The company’s trial of a new acne treatment failed to meet the designated endpoints.