Tag Archives: SNAP

Top 10 Medical Stocks To Invest In 2019

February 14, 2018: Here are four stocks trading with heavy volume among 81 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by more than 2 to 1 and on the Nasdaq, advancers led decliners by about 11 to 4.

Tetraphase Pharmaceuticals Inc. (NASDAQ: TTPH) dropped more than 61% Wednesday to post a new 52-week low of $2.10 after closing at $5.43 on Tuesday. The stock’s 52-week high is $6.97. Volume was around 15 million, more than 30 times the daily average of about 480,000. The company reported failing results on a phase 3 clinical trial.

Neovasc Inc. (NASDAQ: NVCN) fell about 21% Wednesday to post a new 52-week low of $0.26 after closing at $0.33 on Tuesday. The 52-week high is $2.12. Volume of about 7.3 million was around 7 times the daily average. The medical device maker had no specific news.

Tanger Factory Outlet Centers Inc. (NYSE: SKT) traded down nearly 10% Wednesday and posted a new 52-week low of $21.14 after closing Tuesday at $23.47. The stock’s 52-week high is $34.76. Volume was around 6.9 million, nearly five times the daily average. The companr reported results after markets closed Tuesday.

Top 10 Medical Stocks To Invest In 2019: Continental Resources, Inc.(CLR)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    Oil prices are higher today than they were just a couple of years ago, after starting to rebound in early 2016. So it isn’t as easy to find the kinds of deals Franco-Nevada was inking not too long ago. But Franco-Nevada still sees value in the energy space — if the right deal is available. For example, it just partnered up with Continental Resources, Inc. (NYSE:CLR).

  • [By Shane Hupp]

    Clearwater Seafoods (TSE:CLR) declared a quarterly dividend on Tuesday, May 8th, Zacks reports. Shareholders of record on Saturday, May 19th will be given a dividend of 0.05 per share on Friday, June 1st. This represents a $0.20 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Thursday, May 17th.

  • [By Dan Caplinger]

    What could become a key to Franco-Nevada’s turnaround is a recent deal with Continental Resources (NYSE:CLR). Under the strategic relationship, Franco-Nevada will pay $220 million to obtain existing mineral rights that Continental controls. Moreover, the streaming and royalty company will commit as much as $100 million a year for three years to acquire new mineral rights. That led Franco-Nevada to upgrade its long-term oil and gas outlook as well, with the potential to get as much as $120 million to $140 million in revenue by 2022. If achieved, that could begin to make oil and gas almost equally important for Franco-Nevada as precious metals.

  • [By Jason Hall]

    Since oil prices peaked in 2014, both Total and Shell have managed to generate positive total returns for investors who held through the downturn, in large part because of their diverse operations. Neither has come close to outperforming the S&P 500, but it could have been far worse; one only has to look at some of the biggest independent oil producers, including Apache Corporation (NYSE:APA) (down 53%), Anadarko Petroleum Corporation (NYSE:APC) (down 33%), and Continental Resources, Inc. (NYSE:CLR) (down 12.3%) to appreciate the benefit of Total’s and Shell’s more diversified operations. 

Top 10 Medical Stocks To Invest In 2019: Celanese Corporation(CE)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Stephens Inc. AR lowered its holdings in shares of Celanese Co. (NYSE:CE) by 9.7% in the 2nd quarter, Holdings Channel reports. The fund owned 4,113 shares of the basic materials company’s stock after selling 441 shares during the period. Stephens Inc. AR’s holdings in Celanese were worth $457,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Jennison Associates LLC trimmed its stake in shares of Celanese Co. (NYSE:CE) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 527,082 shares of the basic materials company’s stock after selling 3,006 shares during the period. Jennison Associates LLC’s holdings in Celanese were worth $58,538,000 as of its most recent SEC filing.

  • [By Joseph Griffin]

    Wellington Shields Capital Management LLC decreased its stake in shares of Celanese Co. (NYSE:CE) by 9.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,250 shares of the basic materials company’s stock after selling 550 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Celanese were worth $472,000 as of its most recent SEC filing.

Top 10 Medical Stocks To Invest In 2019: Coca-Cola Enterprises, Inc.(CCE)

Advisors’ Opinion:

  • [By Logan Wallace]

    Aristotle Capital Management LLC raised its holdings in shares of Coca-Cola European Partners PLC (NYSE:CCE) by 9.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 363,371 shares of the company’s stock after purchasing an additional 30,783 shares during the period. Aristotle Capital Management LLC owned approximately 0.08% of Coca-Cola European Partners worth $15,138,000 at the end of the most recent quarter.

  • [By Stephan Byrd]

    These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

    Get Coca-Cola European Partners alerts:

    Coca-Cola European Partners (CCE) Lowered to “Sell” at ValuEngine (americanbankingnews.com) $3.69 Billion in Sales Expected for Coca-Cola European Partners (CCE) This Quarter (americanbankingnews.com) Zacks: Analysts Anticipate Coca-Cola European Partners (CCE) to Post $0.81 EPS (americanbankingnews.com) Critical Contrast: Coca-Cola European Partners (CCE) and Coca-Cola Bottling Co. Consolidated (COKE) (americanbankingnews.com) Coca-Cola European Partners (CCE) Sees Large Drop in Short Interest (americanbankingnews.com)

    Shares of CCE traded down $0.51 during trading hours on Monday, hitting $37.88. The stock had a trading volume of 705,278 shares, compared to its average volume of 1,496,087. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.03 and a quick ratio of 0.79. The company has a market cap of $18.60 billion, a PE ratio of 15.85, a P/E/G ratio of 1.93 and a beta of 0.76. Coca-Cola European Partners has a 1-year low of $36.17 and a 1-year high of $44.75.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Coca-Cola European Partners (CCE)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Coca-Cola European Partners PLC (NYSE:CCE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 31,000 shares of the company’s stock, valued at approximately $1,260,000.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Coca-Cola European Partners (CCE)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Medical Stocks To Invest In 2019: New York Times Company (NYT)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on New York Times Co Class A (NYT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Natalie Walters]

    The New York Times (NYSE:NYT) made a point of alerting investors in its latest earnings call that it would be shifting its attention to some big TV and film projects this year. 

  • [By Logan Wallace]

    New York Times Co (NYSE:NYT) declared a quarterly dividend on Friday, September 21st, RTT News reports. Investors of record on Wednesday, October 3rd will be paid a dividend of 0.04 per share on Thursday, October 18th. This represents a $0.16 annualized dividend and a yield of 0.69%. The ex-dividend date is Tuesday, October 2nd.

  • [By Daniel Sparks]

    Following a surge in the The New York Times’ (NYSE:NYT) stock since the “Trump-bump” effect and an impressive first quarter earlier this year, the newspaper failed to impress last week when it reported its second-quarter results. Suppressed advertising revenue and slowing growth in digital subscribers were reminders of some of the risks to owning shares of the evolving company.

  • [By ]

    On Oct 16, 2008, Warren Buffett wrote a New York Times (NYSE: NYT) op-ed titled “Buy American. I Am.” As markets continued to tumble, critics lambasted the billionaire. I think the Oracle of Omaha has been vindicated.

Top 10 Medical Stocks To Invest In 2019: Snap Inc. (SNAP)

Advisors’ Opinion:

  • [By Dan Caplinger]

    The stock market didn’t see much in the way of sustained movement Wednesday, with the major market indexes finished mixed, but close to where they began the day. Various cross-currents pushed shares higher and lower throughout the day, including the potential for a breakthrough on the trade front, and nervousness about the directions of interest rates and monetary policy both in the U.S. and internationally. Weighing on sentiment was bad news from some key individual companies that sent their respective stocks lower. Snap (NYSE:SNAP), Fitbit (NYSE:FIT), and ASML Holding (NASDAQ:ASML) were among the worst performers on the day. Below, we’ll look more closely at these companies to tell you why their shares fared so poorly.

  • [By Paul Ausick]

    And the rest
    Rounding out the top 10 were Bank of America Corp. (NYSE: BAC), J.C. Penney Co. Inc. (NYSE: JCP), Alibaba Group Holding Ltd. (NYSE: BABA),  Snap Inc. (NYSE: SNAP).

  • [By Garrett Baldwin]

    Money Morning Special Situations Strategist Tim Melvin unveiled his powerful secret to becoming the only undefeated trader that we know of on Wall Street. He has 119 stock picking wins… and zero… that’s right, ZERO… losses. And his first recommendation to Money Morning readers is already shooting higher. Find out how you too can become undefeated… right here.

    Four Stocks to Watch Today: UL, SSNLF, TSLA, SNAP
    Snap Inc. (NYSE: SNAP) is absolutely certain that it will become profitable in 2019. Despite the stock falling more than 45% this year and it now where close to its IPO, a company memo was leaked from a top executive that they have a goal of profitability for the full year of 2019. And it seems that a few investors are willing to believe them as shares are up 3.2% this morning. Keep in mind that this memo was leaked after the stock took a 5% hit on Thursday. Today, conglomerate Unilever NV (NYSE: UL) announced that it has abandoned a plan to move its operating headquarters out of the United Kingdom to the Netherlands. The move was originally announced ahead of the Brexit, which continues to barrel forward with tremendous uncertainty for politicians, citizens, and UK-based companies. The firm’s stock was off nearly 1% after it announced that a “significant group of shareholders” did not support the relocation plan. Shares of Tesla Inc. (NASDAQ: TSLA) fell 4.4% after CEO Elon Musk made a rather reckless accusation at the U.S. Securities and Exchange Commission. Musk referred to the SEC as the “Shortseller Enrichment Commission.” His mocking comes just days after Musk settled fraud charges stemming back to his claims in August that he had failed to inform the agency about material company events and misled investors that he had secured funding to take Tesla private. As part of the settlement, Musk also agreed to step down from his role of chair for at least three years and to have his Twitter messages vetted by company officials to

  • [By Garrett Baldwin]

    President Trump will announce today if he will pull the United States out of the Obama-era nuclear deal. Trump wants European members of the treaty to amend certain issues regarding Iran’s uranium enrichment capacity. Energy stocks and oil prices had been rising on speculation that Trump would slap Iran again with economic sanctions, disrupting the region’s oil production. Comcast Corp. (Nasdaq: CMCSA) is currently working to obtain enough capital to purchase certain assets of Twenty-First Century Fox Inc. (NYSE: FOXA). The ability to raise capital would allow Comcast to replace Disney’s $52 billion bid for the many of Fox’s key businesses. Markets are reacting to a speech made this morning by U.S. Federal Reserve Chair Jerome Powell. During a speech in Zurich, Switzerland, Powell said that rising U.S. interest rates would not have a significant impact on emerging markets and foreign stock markets. This has long been a concern for other nations as the U.S. dollar rises and American bonds become more attractive to international investors.
    Four Stocks to Watch Today: DIS, C, SNAP
    The Walt Disney Co. (NYSE: DIS) will lead another busy day of earnings reports today. Investors will be exploring the impact of recent price hikes at the company’s theme parks, as well as the ongoing concerns about cable cutting and how this trend affects ESPN. Markets anticipate that the company will report earnings per share of $1.68 on top of $14.23 billion in revenue. Shares of Citigroup Inc. (NYSE: C) are on the move. The uptick came after activist investor ValueAct announced a $1.2 billion stake in the investment bank. Citigroup shares were up 1.2% in pre-market hours. Shares of Snap Inc. (NYSE: SNAP) gained 1% in pre-market hours. The owner of social media giant Snapchat said that its CFO Drew Vollero will step down next week. The executive will be replaced by a financial executive at Amazon.com Inc. (Nasdaq: AMZN). Snap continues to face incredible pressures after the f

  • [By Evan Niu, CFA]

    In Snap’s (NYSE:SNAP) short life thus far as a public company, it has already suffered from numerous high-profile departures. Snap’s head of human resources, vice president of security, and general counsel left the company last summer, just a few months after the IPO. Engineering chief Tim Sehn quit back in November, and was followed by VP of product Tom Conrad shortly thereafter.

  • [By Chris Lange]

    Snap Inc. (NYSE: SNAP) saw its short interest increase to 123.20 million, compared to the previous level of 108.80 million. Shares were trading at $13.70 in a 52-week range of $10.50 to $21.22.

Top 10 Medical Stocks To Invest In 2019: Pampa Energia S.A.(PAM)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Numis Securities restated their add rating on shares of Premier Asset Management Group (LON:PAM) in a report released on Tuesday.

    Separately, Liberum Capital reiterated a buy rating on shares of Premier Asset Management Group in a report on Wednesday, May 23rd.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Pampa Energia (PAM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Equities researchers at HSBC began coverage on shares of Pampa Energia (NYSE:PAM) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm set a “buy” rating and a $40.00 price target on the utilities provider’s stock. HSBC’s price target would indicate a potential upside of 31.41% from the stock’s current price.

  • [By Joseph Griffin]

    Pampa Energia (NYSE:PAM) and Avangrid (NYSE:AGR) are both utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends and earnings.

Top 10 Medical Stocks To Invest In 2019: Knowles Corporation(KN)

Advisors’ Opinion:

  • [By Joseph Griffin]

    These are some of the news articles that may have impacted Accern Sentiment’s scoring:

    Get Knowles alerts:

    Head to Head Contrast: Knowles (KN) vs. Sony (SNE) (americanbankingnews.com) Knowles (KN) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com) Four seniors nab scholarships from Siouxland Officials Association (siouxcityjournal.com) When is Who Dares Wins on BBC One tonight, how old is host Nick Knowles and how does the game show work? (thesun.co.uk) Local students learn the art of architecture (dailytidings.com)

    KN has been the subject of several research analyst reports. Craig Hallum restated a “buy” rating and set a $17.00 price target (down from $20.00) on shares of Knowles in a research report on Thursday, February 8th. Zacks Investment Research lowered Knowles from a “hold” rating to a “sell” rating in a research report on Wednesday, February 14th. ValuEngine lowered Knowles from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. JPMorgan Chase lowered their price target on Knowles from $16.00 to $13.50 and set a “neutral” rating for the company in a research report on Tuesday, April 24th. Finally, Lake Street Capital lowered their price target on Knowles from $19.00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $17.29.

  • [By Joseph Griffin]

    Liberty Mutual Group Asset Management Inc. lowered its stake in shares of Knowles (NYSE:KN) by 22.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,610 shares of the communications equipment provider’s stock after selling 5,088 shares during the period. Liberty Mutual Group Asset Management Inc.’s holdings in Knowles were worth $222,000 as of its most recent SEC filing.

  • [By Shane Hupp]

    Knowles Corp (NYSE:KN) insider Michael S. Polacek bought 926 shares of the company’s stock in a transaction on Monday, March 4th. The shares were bought at an average price of $16.28 per share, for a total transaction of $15,075.28. Following the transaction, the insider now owns 84,305 shares of the company’s stock, valued at $1,372,485.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Top 10 Medical Stocks To Invest In 2019: CompX International Inc.(CIX)

Advisors’ Opinion:

  • [By Shane Hupp]

    CI Financial (TSE:CIX) will issue its quarterly earnings data before the market opens on Thursday, May 10th. Analysts expect the company to announce earnings of C$0.63 per share for the quarter.

  • [By Ethan Ryder]

    CI Financial Corp (TSE:CIX)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$23.92 and last traded at C$23.92, with a volume of 138823 shares traded. The stock had previously closed at C$24.14.

  • [By Joseph Griffin]

    Shares of CI Financial Corp (TSE:CIX) have been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$25.75.

  • [By Joseph Griffin]

    CI Financial (TSE:CIX) had its price objective decreased by analysts at TD Securities from C$25.00 to C$24.00 in a research note issued to investors on Friday. TD Securities’ price target would indicate a potential upside of 12.36% from the stock’s previous close.

  • [By Shane Hupp]

    CI Financial (TSE:CIX) had its price objective decreased by analysts at TD Securities from C$25.00 to C$24.00 in a research note issued to investors on Friday. TD Securities’ price target would indicate a potential upside of 12.36% from the stock’s previous close.

Top 10 Medical Stocks To Invest In 2019: Caleres, Inc.(CAL)

Advisors’ Opinion:

  • [By Max Byerly]

    Caledonia Mining Co. Plc (TSE:CAL) Director John Mark Learmonth acquired 2,300 shares of Caledonia Mining stock in a transaction dated Friday, August 10th. The stock was acquired at an average cost of C$6.25 per share, with a total value of C$14,375.00.

  • [By Adam Levine-Weinberg]

    The impending disappearance of Payless ShoeSource from the U.S. retail landscape represents an opportunity for rivals to snap up its customers. The two biggest winners are likely to be DSW (NYSE:DSW) and Caleres (NYSE:CAL).

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Caleres (CAL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Caleres (NYSE:CAL) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.40-2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.48. The company issued revenue guidance of approx $2.80 billion, compared to the consensus revenue estimate of $2.79 billion.

  • [By Joseph Griffin]

    Arizona State Retirement System increased its stake in shares of Caleres Inc (NYSE:CAL) by 6.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 66,526 shares of the textile maker’s stock after acquiring an additional 3,877 shares during the period. Arizona State Retirement System owned approximately 0.16% of Caleres worth $1,851,000 at the end of the most recent reporting period.

Top 10 Medical Stocks To Invest In 2019: Diodes Incorporated(DIOD)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Diodes Incorporated (NASDAQ:DIOD) VP Francis Tang sold 8,600 shares of the company’s stock in a transaction dated Wednesday, May 16th. The stock was sold at an average price of $33.41, for a total value of $287,326.00. Following the completion of the transaction, the vice president now directly owns 86,279 shares of the company’s stock, valued at approximately $2,882,581.39. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

  • [By Money Morning Staff Reports]

    That’s a great way to cash in on the growth of technology without buying into overhyped (and overpriced) semiconductor stocks, like Diodes Inc. (Nasdaq: DIOD), which trades for 111 times earnings.

  • [By Max Byerly]

    Diodes Incorporated (NASDAQ:DIOD) CFO Richard Dallas White sold 13,000 shares of Diodes stock in a transaction on Thursday, August 30th. The shares were sold at an average price of $37.88, for a total value of $492,440.00. Following the completion of the transaction, the chief financial officer now owns 111,920 shares of the company’s stock, valued at $4,239,529.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

All Eyes Are on the Spotify IPO, but Our Better Profit Play Could Climb 28.06%

The Spotify IPO date is scheduled for Tuesday, April 3, 2018, but we have a better profit play for Money Morning readers. It’s a proven winner that could climb 28.06% over the next 12 months, and that doesn’t even include a $2.52 dividend (1.46%).

The company we’re talking about is Apple Inc. (Nasdaq: AAPL).

Spotify IPOmoneymorning.com/wp-content/blogs.dir/1/files/2018/04/spotify-app-75×50.jpg 75w” sizes=”(max-width: 300px) 100vw, 300px” title=”Spotify IPO” />

Yes, that may not sound as exciting as getting on the “ground floor” of a public offering, but Apple is the better profit play across the board.

While potential investors are attracted to Spotify’s 70 million subscribers, Apple boasts 38 million subscribers to its own music-streaming service. And while Spotify hasn’t managed to post a profit, Apple is one of the most profitable companies on the market.

On Jan. 29, Money Morning Director of Technology & Venture Capital Research Michael Robinson said current shareholders should buy more Apple stock on the dips, and first-time buyers should get shares right now.

And if you’re intrigued by the Spotify debut, it might be the perfect time to buy Apple.

We always warn our readers that IPO prices can have wild swings in the first year of trading. Retail investors think they’re going to miss out on the next big thing, buy in at inflated prices, and then demand falls.

That sends prices plummeting.

For example, just look at what happened since the March 2, 2017, Snap Inc. (NYSE:SNAP) IPO.

Shares of SNAP opened to the public at $24, but today (April 2), shares of SNAP opened at $15.67.

That’s a 34.70% decline since Snapchat went public.

Now, that’s not the case for every IPO. Some companies are so valuable it makes sense to buy in as quickly as possible, since that might be the cheapest price you’ll pay for the stock. The stock price for Alibaba Group Holding Ltd. (NYSE: BABA), for example, has climbed 168.83% since its IPO in 2014.

But Spotify simply hasn’t proven it deserves your hard-earned money.

In a February 2018 report, the music site revealed it lost $1.5 billion in 2017.

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The company simply hasn’t figured out how to translate its user base into profits, and it might never figure it out.

An astronomical 79% of its revenue has to be paid out in royalties to artists, and there’s no clear path to resolve this problem.

On the other hand, Apple raked in $88.3 billion just in Q1 2018.

The Apple stock price has also climbed 173.26% in the last five years. In comparison, the Dow Jones Industrial Average climbed just 62.15% during that same time.

And in the next 12 months, there could be 28.06% gains just down the road…

The Real Profit Play When Spotify Stock Hits the Market

Join the conversation. Click here to jump to comments…

Is Facebook Inc Stock a Screaming Buy or a Portfolio Destroyer?

If I said in January that Facebook Inc (NASDAQ:FB) stock would be trading near $150, many investors would be backing up the truck. After all, it’s the premiere platform for advertising — who wouldn’t want to buy Facebook stock?

It’s easy to ask for a pullback in certain stocks or the market as a whole. But when you see the S&P 500 down 10% in 10 days like we witnessed in February or are staring at FB stock down 20% from its highs, pulling the “buy trigger” becomes a whole lot harder.

In that regard, is it time to buy FB stock?

I’m going out on a limb to say yes, it’s time to start a position. Whether you’ve been long since its $38 IPO and were looking for a pullback to buy or have been contemplating a fresh position in the social media juggernaut, 20% declines in Facebook stock don’t come around too often.

The fear with these types of situations is: How low will the pullback in Facebook stock last?

Sizing Up Facebook Stock

Facebook’s user data issue is a bad one. It’s drawing boycotts and advertiser pushback, while causing users to question the morals of the company. It’s got CEO Mark Zuckerberg heading to Capitol Hill to testify and it raises concern about potential regulations in this space.

It also raises questions about Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP). Some have reported that both Twitter and Snap have engaged in similar data-selling practices that Facebook has. Are they next to get significantly hit?

Perhaps, but so far the social media leader has been hit the hardest. At best, FB stock would have been looking at 5% decline. At worst, it will get pummeled like Chipotle Mexican Grill, Inc. (NYSE:CMG). But that would require a decline of more than 66% or in Facebook’s case, a fall to $68. I can’t imagine a scenario where that plays out.

But what about a 30% fall to $136.50? Is a 40% decline to $117 in the cards?

Only because FB stock has fallen 20%, does a decline of 30% seem possible.

In the short-term, it’s hard to imagine much more pain. What we need to see is the business impact. Facebook still connects 2 billion people per month. It still has impressive daily and monthly active user growth. And ultimately, it still has impressive ad, revenue and earnings growth. If these metrics take a hit, that’s how Facebook stock could see major declines this year.

Trading FB Stock

There’s no way to put it nicely: the charts are not good. Now below the 50-day, 100-day and 200-day moving averages, the stock’s vital uptrend has been shattered. Seeing it below $155, what seems to be a notable support level, is also discouraging. While shares bounced Thursday, it’s no guarantee it will last beyond end-of-quarter trading.

Further, we’ve got the 50-day now below the 100-day, showing that intermediate trends are no longer bullish. If the 50-day moving average crosses below the 200-day, it will form what’s known as a “death cross,” a bearish technical setup. It shows that the longer term trend is no longer bullish.

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Click to Enlarge

So why the heck would we want to buy this thing? Buying FB stock is ultimately a bet that it’s business will not suffer catastrophic consequences. It will suffer to some degree, but this doesn’t change the fact that the Facebook platforms are the best way for advertisers to reach customers.

I wouldn’t go all-in on Facebook stock yet. But nibbling a starter position now for a longer-term investment is a bet that FB is still relevant in 6 months, 12 months and 24 months.

Valuing Facebook

Estimates still call for earnings to grow 36% this year and 21% in 2019. Revenue estimates call for 35.8% and 27% growth this year and next. Shares trade at just 17.2 times 2019 earnings estimates. Even if we haircut this year’s earnings estimates of $7.35 per share by 20% (down to $5.88) and cut 2019 estimates by 10% down to $8.01 per share, FB stock still only trades at 19 times 2019 estimates.

On an earnings basis, it’s still cheaper than SNAP, TWTR and Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG). Heck, it’s even cheaper than The Coca-Cola Co (NYSE:KO) and has a valuation in line with Procter & Gamble Co (NYSE:PG).

For a company with this fat of margins — ~50% operating margins, ~40% profit margins — and this strong of growth, sub-20 times forward estimates is a good price for longer term investors.

Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did held a long position in GOOGL. 

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Best Clean Energy Stocks To Buy Right Now

Many of us have been forced to watch sexual harassment training videos by our employer. We often poke fun at the over-acted scenarios, or the unrealistic “right answers.”

But in the midst of a national reckoning on sexual harassment — prompted by allegations against high-powered names like Matt Lauer, Kevin Spacey, Al Franken and, of course, Harvey Weinstein — advocates are calling for a closer look at the trainings that shape so many employees’ understanding of workplace behavior.

Research shows that sexual harassment training may not be as effective as once thought.

On the one hand, the videos, quizzes and other staples of new job orientation are good at raising employees’ awareness of sexual harassment as an issue.

But on the other hand, many of the training mechanisms are shown simply as legal protection — something an employer can point to as “we tried!” should a situation arise.

In the Equal Employment Opportunity Commission’s 2016 report on sexual harassment, officials stipulated that corporate attitudes toward training need an overhaul.

Best Clean Energy Stocks To Buy Right Now: DXP Enterprises Inc.(DXPE)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of DXP Enterprises Inc (NASDAQ: DXPE) were down 17 percent to $24.00. DXP Enterprises reported preliminary revenue of $228 million to $231 million for the third quarter.

  • [By Lisa Levin]

    Shares of DXP Enterprises Inc (NASDAQ: DXPE) got a boost, shooting up 22 percent to $40.27 after the company posted upbeat quarterly results.

    Nature's Sunshine Prod. (NASDAQ: NATR) shares were also up, gaining 28 percent to $11.35 as the company disclosed that it has received its direct selling license in China.

Best Clean Energy Stocks To Buy Right Now: bebe stores, inc.(BEBE)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Just in the past few weeks, Wall Street has seen bankruptcy filings from sporting goods retailer Gander Mountain, RadioShack successor General Wireless Operations, everyday value price department store operator Gordmans Stores (GMAN) and appliances, electronics and furniture retailer HHGregg (HGG) . Last Wednesday, children’s apparel retailer Gymboree cautioned it was running low on cash and may not survive. Sears Holdings Corp. (SHLD) voiced concerns on Tuesday about its ability to stay in business, while women’s apparel chain Bebe (BEBE) is reportedly on the brink of closing all 170 of its stores.

  • [By Lisa Levin] Related HTGM 20 Biggest Mid-Day Losers For Thursday 25 Stocks Moving In Thursday's Pre-Market Session HTG Molecular Diagnostics Obtains CE Mark for its HTG EdgeSeq ALKPlus Assay EU (GuruFocus)
    Related SSH 15 Biggest Mid-Day Gainers For Wednesday 12 Biggest Mid-Day Losers For Tuesday Healthcare – Top 5 Gainers / Losers as of 11:00 am (Seeking Alpha) Gainers
    HTG Molecular Diagnostics Inc (NASDAQ: HTGM) rose 63.6 percent to $3.50 in pre-market trading after the company disclosed that it has obtained CE marking in the EU for HTG EdgeSeq ALKPlus Assay.
    Sunshine Heart Inc (NASDAQ: SSH) rose 20.3 percent to $2.61 in pre-market trading after the company issued a business update regarding execution of its strategic growth plan.
    bebe stores, inc. (NASDAQ: BEBE) shares rose 11.1 percent to $4.29 in pre-market trading after the company disclosed that it is exploring strategic alternatives.
    Cancer Genetics Inc (NASDAQ: CGIX) rose 10.3 percent to $3.20 in pre-market trading after the company posted a narrower-than-expected quarterly loss.
    Five Below Inc (NASDAQ: FIVE) rose 8.8 percent to $41.50 in pre-market trading after the company reported better-than-expected earnings for its fourth quarter.
    FireEye Inc (NASDAQ: FEYE) rose 8 percent to $12.40 in pre-market trading. Goldman Sachs upgraded FireEye from Sell to Buy.
    PVH Corp (NYSE: PVH) shares rose 7.4 percent to $97.60 in pre-market trading after the company posted upbeat earnings for its fourth quarter and issued a strong earnings forecast.
    Bitauto Hldg Ltd (ADR) (NASDAQ: BITA) shares rose 7 percent to $26.00 in pre-market trading after dropping 1.30 percent on Wednesday.
    Pingtan Marine Enterprise Ltd (NASDAQ: PME) rose 6.6 percent to $4.50 in pre-market trading after gaining 0.48 pe
  • [By Lisa Levin]

    bebe stores, inc. (NASDAQ: BEBE) shares dropped 26 percent to $3.86. bebe stores will reportedly license www.bebe.com domain name, social media accts. and international wholesale agreements to one or more third parties, according to Reuters.

  • [By WWW.THESTREET.COM]

    Not helping matters was a continued drumbeat of retail death stories such as Payless possibly closing 500 stores, Bebe (BEBE) on the verge of shuttering 170 stores and Sears Holdings’  (SHLD) CFO spreading #fakenews in a new blog post that the retailer is a “viable” entity. It’s not, especially after the language it slipped in its new annual report on Tuesday. 

Best Clean Energy Stocks To Buy Right Now: Manitex International Inc.(MNTX)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Thursday, industrial shares fell by 0.08 percent. Meanwhile, top losers in the sector included Accenture Plc (NYSE: ACN), down 4 percent, and Manitex International Inc (NASDAQ: MNTX), down 4 percent.

Best Clean Energy Stocks To Buy Right Now: Snap Inc. (SNAP)

Advisors’ Opinion:

  • [By Craig Jones]

    Jon Najarian noticed short term, weekly bets in Snap Inc (NYSE: SNAP). The company is going to report earnings Tuesday after the market close and the options traders are buying Friday expiration, 16 strike calls. Around 16,000 contracts were traded and traders were paying between 50 and 80 cents for them. Najarian followed the trade and he is going to close it Wednesday morning.

  • [By Motley Fool Staff]

    The Motley Fool Moneyteam shares their take onSnap (NYSE:SNAP)following the massive gains the stock has enjoyed since pricing its IPO at $17 per share. As the biggest tech company debut since Alibabawent public in 2014, investors want to know: Does Snap deserve its valuation, and if so, how can an investor tell?

  • [By Wayne Duggan]

    Many American investors were excited to get in on the Snap Inc (NYSE: SNAP) IPO last week. With more than 158 million daily active users, Snapchat is one of the most popular social media platforms in the United States. However, at the moment, the single largest global market is the world is off-limits.

  • [By Douglas A. McIntyre]

    Shares of once hot Snap Inc. (NYSE: SNAP), operator of Snapchat, fell back to $17, its IPO price. Anxiety about user growth and engagement have hurt the company’s ability to bring in advertising and marketing revenue. Snapchat also has several growing competitors, led by Facebook Inc.’s (NASDAQ: FB) Instagram.

  • [By Sreekanth Anasa]

    We all know about Instagram being the new major growth driverof Facebook stock. Further, we also recently covered about what could be the new catalysts for FB stock other than Instagram. Coming to Instagram, its growth story continues to gain strength after copying some of the features of the highly popular photo messaging appSnapchat. Facebook has seen exciting results since it started implementing most of the popular features of Snap Inc (NYSE:SNAP)owned Snapchat across its set of platforms. Facebook’s Snapchat clone features have helped Instagram to grow much faster. Mark Zuckerberg, CEO, Facebook has also defended his company’s Snapchat clone strategy strongly stating:

U.S. IPO Week Ahead: 3 IPOs To Kick Off 2018

Three IPOs are looking to raise $1 billion in combined proceeds to kick off 2018. Spun out from Select Income REIT, Industrial Logistics Properties Trust targets $590 million in the largest deal of the week. Other deals include fracking services provider Liberty Oilfield Services and tech-focused SPAC Nebula Acquisition.

16 companies have filed to go public since December 1, representing an estimated $6 billion in total proceeds. Several notable IPOs are eligible to launch in the coming week, including Brazilian payment service provider PagSerguro Digital (Pending:PAGS) and Blackstone-backed Gates Industrial (Pending:GTES), each of which could raise over $500 million.

US IPO Calendar

Issuer
Business

Symbol
Exchange

Deal Size($m)
Market Cap($m)

Price Range
Shares Filed

Bookrunners

Nebula Acquisition
San Francisco, CA

NEBU.U
Nasdaq

$250
$313

$10 – $10
25,000,000

Deutsche Bank,
Goldman Sachs

Blank check company formed by the executives of True Wind Capital to acquire a technology business.

Industrial Logistics Properties Trust
Newton, MA

ILPT
Nasdaq

$590
$1,918

$28 – $31
20,000,000

UBS Investment,
Citi,
RBC Capital,
3 more…

Industrial REIT spun out of Select Income REIT.

Liberty Oilfield Services
Denver, CO

BDFC
NYSE

$161
$1,743

$14 – $16
10,714,286

Morgan Stanley,
Goldman Sachs,
Wells Fargo,
3 more…

Provides hydraulic fracturing services for the oil and gas industry.

Industrial Logistics Properties Trust (Pending:ILPT) is being spun out of Select Income REIT (Nasdaq: SIR) in a $590 million IPO and will focus on industrial properties poised to benefit from the growth in e-commerce. Like its parent, the company will be externally managed by The RMR Group (Nasdaq: RMR). Industrial Logistics plans to pay an initial quarterly dividend of $0.33/share (4.5% yield) beginning in the 2Q18.

Now that oil prices have stabilized, Liberty Oilfield Services (Pending:BDFC) is looking to raise $161 million in its second attempt at going public. Backed by Riverstone and Carlyle, the company originally set terms for a $400 million IPO in April 2017 before cutting the range and eventually postponing the deal.

Nebula Acquisition (NEBU.U), a blank check company formed to acquire a technology business, is looking to raise $250 million. It will be the first SPAC to list in 2018, following the most active year for SPACs in a decade. The company is sponsored by tech-focused PE firm True Wind Capital and led by the firm’s Founding Partners, both former executives at KKR.

IPO Market Snapshot

The Renaissance IPO Indices are market cap weighted baskets of newly public companies. The Renaissance IPO Index is up 1.0% year-to-date, while the S&P 500 is up 1.9%. Renaissance Capital’s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snap (NYSE:SNAP) and Invitation Homes (NYSE:INVH). The Renaissance International IPO Index is up 1.5% year-to-date, while the ACWX is up 2.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Orsted (DONG Energy) and ASR Nederland.

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