Most of us are used to hearing on the news about “the market” and how it did today, without really giving much thought to just what “the market” is. Of course, that term usually refers to the U.S. stock market, and that’s typically measured by the Dow Jones Industrial Average index or the S&P 500 (SNPINDEX:^GSPC) index.
Savvy investors should know more than that, though, so here’s a deeper dive into the S&P 500, so that you can make more sense of it and perhaps even invest in it, as none other than Warren Buffett has suggested you do.
Image source: Getty Images.
It’s old
The S&P 500 was launched in March 1957, when a gallon of gas cost around $0.28 and the same year that a young Elvis Presley purchased Graceland. The index originally held 425 industrial, 15 rail, and 60 utility stocks. Financial companies were added in the 1970s.
Best Warren Buffett Stocks To Watch For 2019: Wynn Resorts, Limited(WYNN)
Advisors’ Opinion:
- [By Steve Symington, Anders Bylund, and Rich Duprey]
To that end, we asked three top Motley Fool investors to not only find a stock that climbed at least 50% in 2017, but also — taking into account their performance so far in 2018 — to tell us whether those stocks are still worth buying today. Read on to learn what they had to say about Adobe Systems (NASDAQ:ADBE), Netflix (NASDAQ:NFLX), and Wynn Resorts (NASDAQ:WYNN).
- [By Lee Jackson]
This top company saw the departure of its namesake founder earlier this year. Wynn Resorts Ltd. (NASDAQ: WYNN) operates Wynn Macau and Encore at Wynn Macau resort located in the People’s Republic of China.
- [By Rich Duprey]
Caesars’ trademark applications in Macau cover casino services, casino management, and gaming services, as well as hotels, restaurants, entertainment facilities, and nightclubs. Although there are only six gaming concessions in Macau, MGM Resorts and SJM Holdings are coming up for license renewal in 2020, followed two years later by Wynn Resorts (NASDAQ:WYNN), Las Vegas Sands (NYSE:LVS), Galaxy Entertainment, and Melco Resorts & Entertainment. The process for reviewing and reissuing the concessions is unknown.
- [By Dan Caplinger]
Wednesday was a turbulent day for the stock market, with major benchmarks staying close to the unchanged mark after two extremely strong days earlier in the week. Market news was dominated by the release of President Trump’s tax reform plan, which includes a substantial reduction in corporate tax rates along with simplification of the personal income tax system. Yet despite the massive impact that a broad change to taxes could bring, what drove the biggest gains among individual stocks was company-specific news, and Twitter (NYSE:TWTR), Fiat Chrysler Automobiles (NYSE:FCAU), and Wynn Resorts (NASDAQ:WYNN) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
- [By Jeremy Bowman, George Budwell, and Travis Hoium]
By now, most investors are familiar with the FAANG group of tech stocks that have driven much of the market’s growth in recent years. The success of stocks like Facebook and Amazon show that investing can be as easy as buying shares in companies whose products you use everyday, but there are also stocks that are flying under the radar that you should get to know. These offer investors the opportunity for even bigger returns since smaller-cap stocks have a greater potential for growth. In-the-know investors are catching on to some of these names. Keep reading to learn more about Baozun (NASDAQ:BZUN), Wynn Resorts (NASDAQ:WYNN), and Viking Therapeutics (NASDAQ:VKTX).
- [By ]
Take the iconic Wynn (Nasdaq: WYNN) Las Vegas. The amenity-laden resort and its sister Encore property generated $431 million in revenues last quarter. But only $135 million of that (31%) came from the casino. The hotel (which commands an average daily room rate of $340) produced $122 million in revenue; restaurants and bars tallied up $126 million, and retail/entertainment chipped in $49 million.
Best Warren Buffett Stocks To Watch For 2019: Systemax Inc.(SYX)
Advisors’ Opinion:
- [By Logan Wallace]
Systemax (NYSE: SYX) is one of 20 publicly-traded companies in the “Catalog & mail-order houses” industry, but how does it compare to its rivals? We will compare Systemax to related businesses based on the strength of its valuation, analyst recommendations, institutional ownership, earnings, profitability, dividends and risk.
- [By Max Byerly]
Systemax (NYSE: SYX) is one of 20 publicly-traded companies in the “Catalog & mail-order houses” industry, but how does it contrast to its competitors? We will compare Systemax to related businesses based on the strength of its profitability, risk, valuation, analyst recommendations, earnings, dividends and institutional ownership.
- [By Lisa Levin] Gainers
Check-Cap Ltd. (NASDAQ: CHEK) shares jumped 104.82 percent to close at $14.87 on Tuesday.
EVINE Live Inc. (NASDAQ: EVLV) rose 31.25 percent to close at $1.06. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
SemiLEDs Corporation (NASDAQ: LEDS) shares climbed 27.16 percent to close at $4.26 on Tuesday.
Atossa Genetics Inc. (NASDAQ: ATOS) gained 27.09 percent to close at $3.80. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
Heidrick & Struggles International, Inc. (NASDAQ: HSII) surged 17.13 percent to close at $37.95 as the company posted upbeat results for its first quarter.
Santander Consumer USA Holdings Inc. (NYSE: SC) shares gained 15.91 percent to close at $18.21 following upbeat quarterly earnings.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares jumped 15.73 percent to close at $7.58 on Tuesday after declining 1.50 percent on Monday.
Sanmina Corp (NASDAQ: SANM) shares gained 14.62 percent to close at $31.75 as the company reported stronger-than-expected earnings for its second quarter on Monday.
Orchids Paper Products Company (NYSE: TIS) jumped 12.86 percent to close at $7.37. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
Helix Energy Solutions Group, Inc. (NYSE: HLX) rose 12.8 percent to close at $7.05 following strong quarterly results.
Avid Bioservices, Inc. (NASDAQ: CDMO) rose 12.72 percent to close at $3.81.
Genprex, Inc. (NASDAQ: GNPX) gained 12.61 percent to close at $5.00.
Obalon Therapeutics, Inc. (NASDAQ: OBLN) rose 12.39 percent to close at $3.72.
NextDecade Corporation (NASDAQ: NEXT) shares climbed 11.88 percent to close at $7
Best Warren Buffett Stocks To Watch For 2019: State Bank Financial Corporation.(STBZ)
Advisors’ Opinion:
- [By Max Byerly]
Citizens Financial Group (NYSE:CFG) and State Bank Financial (NASDAQ:STBZ) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, dividends, earnings, institutional ownership and analyst recommendations.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on State Bank Financial (STBZ)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
State Bank Financial (NASDAQ:STBZ) last issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.03. State Bank Financial had a return on equity of 9.26% and a net margin of 18.77%. The firm had revenue of $68.16 million during the quarter, compared to the consensus estimate of $65.00 million. analysts expect that State Bank Financial will post 2.18 EPS for the current year.
TRADEMARK VIOLATION WARNING: “Analysts Set State Bank Financial (STBZ) PT at $34.00” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at www.tickerreport.com/banking-finance/3379591/analysts-set-state-bank-financial-stbz-pt-at-34-00.html.
State Bank Financial Company Profile
Best Warren Buffett Stocks To Watch For 2019: International Game Technology(IGT)
Advisors’ Opinion:
- [By Stephan Byrd]
International Game Technology PLC (NYSE:IGT) shares hit a new 52-week low on Friday . The stock traded as low as $17.17 and last traded at $17.23, with a volume of 326419 shares. The stock had previously closed at $18.47.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on International Game Technology (IGT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
International Game Technology (NYSE:IGT) was the recipient of unusually large options trading on Monday. Stock investors acquired 2,940 put options on the stock. This represents an increase of 954% compared to the average volume of 279 put options.
Best Warren Buffett Stocks To Watch For 2019: Ocean Power Technologies Inc.(OPTT)
Advisors’ Opinion:
- [By Logan Wallace]
Media stories about Ocean Power Technologies (NASDAQ:OPTT) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ocean Power Technologies earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 43.6315011267629 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
- [By Logan Wallace]
Ocean Power Technologies (NASDAQ:OPTT) last issued its quarterly earnings results on Monday, December 10th. The energy company reported ($0.21) EPS for the quarter. The business had revenue of $0.14 million for the quarter.
TRADEMARK VIOLATION WARNING: “Ocean Power Technologies (OPTT) Sees Strong Trading Volume” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The legal version of this article can be read at www.tickerreport.com/banking-finance/4214323/ocean-power-technologies-optt-sees-strong-trading-volume.html.
About Ocean Power Technologies (NASDAQ:OPTT)
- [By Joseph Griffin]
Shares of Ocean Power Technologies Inc (NASDAQ:OPTT) traded down 5.3% during mid-day trading on Friday . The company traded as low as $0.30 and last traded at $0.30. 818,065 shares traded hands during trading, an increase of 192% from the average session volume of 280,461 shares. The stock had previously closed at $0.32.