Tag Archives: TOL

Mid-Afternoon Market Update: Francesca's Drops On Earnings Miss; Revance Therapeutics Shares Ga

Toward the end of trading Tuesday, the Dow traded down 0.09 percent to 24,268.65 while the NASDAQ climbed 0.39 percent to 6,801.80. The S&P also rose, gaining 0.05 percent to 2,640.71.

Leading and Lagging Sectors

Tuesday afternoon, the information technology sector proved to be a source of strength for the market. Leading the sector was strength from 3D Systems Corporation (NYSE: DDD) and Ceragon Networks Ltd. (NASDAQ: CRNT).

In trading on Tuesday, utilities shares fell 1.15 percent.

Top Headline

Toll Brothers, Inc. (NYSE: TOL) reported downbeat results for its fourth quarter.

Toll Brothers posted quarterly earnings of $1.17 per share on revenue of $2.03 billion. However, analysts expected earnings of $1.19 per share on revenue of $2.08 billion.

Equities Trading UP

Revance Therapeutics, Inc. (NASDAQ: RVNC) shares shot up 38 percent to $35.90 after the company disclosed that its RT002 met primary and all secondary endpoints.

Shares of Moleculin Biotech, Inc. (NASDAQ: MBRX) got a boost, shooting up 19 percent to $2.16 after the company disclosed that its WP1066 drug has received the FDA brain tumor IND clearance.

Barnes & Noble Education, Inc. (NYSE: BNED) shares were also up, gaining 19 percent to $7.48 after the company reported Q2 results.

Equities Trading DOWN

Galectin Therapeutics, Inc. (NASDAQ: GALT) shares dropped 34 percent to $1.64 as the company reported that its Phase 2b NASH-CX trial did not meet its primary endpoint.

Shares of Ascena Retail Group, Inc. (NASDAQ: ASNA) were down 24 percent to $1.985. Ascena Retail reported in-line earnings for its first quarter. The company reported a 5 percent drop in its Q1 comps and issued weak second quarter guidance.

Francesca's Holdings Corporation (NASDAQ: FRAN) was down, falling around 9 percent to $7.09 following downbeat quarterly earnings.

Commodities

In commodity news, oil traded up 0.33 percent to $57.68 while gold traded down 1.01 percent to $1,264.80.

Silver traded down 1.88 percent Tuesday to $16.065, while copper fell 4.42 percent to $2.9535.

Eurozone

European shares closed mixed today. The eurozone’s STOXX 600 fell 0.19 percent, the Spanish Ibex Index rose 0.03 percent, while Italy’s FTSE MIB Index jumped 0.24 percent. Meanwhile the German DAX slipped 0.08 percent, and the French CAC 40 dipped 0.26 percent while U.K. shares fell 0.16 percent.

Economics

U.S. trade deficit rose 8.6 percent to $48.7 billion in October.

The ISM non-manufacturing index dropped to 57.40 in November, versus prior reading of 60.10. However, economists projected a reading of 59.10.

Best Performing Stocks To Watch For 2018

General Electric Company (NYSE:GE) has missed earnings estimate only once in last 26 quarters.
Flickr

Boston, Massachusetts-based industrial giant General Electric Company(NYSE:GE) is scheduled to report its first-quarter 2017 earnings on Friday, 21st Aprilbefore the market opens. GE has had a rough 2016 with revenues and margins coming under pressure. While GE certainly did not earn any prizes for execution overall, headwindsin the oil & gas segment were mainly to blame for its poor performance.Shares of GE have lost 4% in last one year and are down almost 6% YTD, widely underperforming theS&P 500 (INDEX:SPAL) which has returned more than 10% in the last one year. GE stock has erased most of the post-electiongains. GE stock had rallied more than 10% after the elections through mid-December on the hopes that President Trump’s infrastructure plans and loose environmental policies will greatly benefitGeneral Electric Company. The exuberance has cooled down since then.

Best Performing Stocks To Watch For 2018: Allison Transmission Holdings, Inc.(ALSN)

Advisors’ Opinion:

  • [By Ben Levisohn]

    With a neutral sector rating, we are working on evaluating risks to negative calls, and identifying potential value opportunities. Last week we noted more work might be worthwhile on Wabco Holdings (WBC), Terex, Manitowoc (MTW), and Caterpillar, two of those names have rallied for other reasons but the attractive price made the upside/downside skew up. We remain positive (OW) on Allison Transmission Holdings (ALSN) & United Rentals. Our and consensus 2017Allison Transmission Holdings estimates have fallen by 2% vs. ~15% for the group, while the shares are down 10% since launch. We continue to see United Rentals as the best value in our group…

Best Performing Stocks To Watch For 2018: Avid Technology Inc.(AVID)

Advisors’ Opinion:

  • [By Lisa Levin]

    Avid Technology, Inc. (NASDAQ: AVID) shares were also up, gaining 24 percent to $5.01 following Q3 results. Avid Technology reported Q3 earnings of $0.00 per share on revenue of $105.26 million.

  • [By Monica Gerson]

    Avid Technology, Inc. (NASDAQ: AVID) is estimated to post its quarterly earnings at $0.36 per share on revenue of $144.02 million.

    Consolidated Water Co. Ltd. (NASDAQ: CWCO) is expected to post its quarterly earnings at $0.11 per share on revenue of $15.15 million.

  • [By Anders Bylund]

    Shares of Avid Technology(NASDAQ:AVID) rose 20.3% in April 2017, according to data from S&P Global Market Intelligence.

    So what

    Last month’s share price surge rested on Avid’s release of a coherent cloud-based media production suite. The new version of Avid’s MediaCentral platform takes advantage of the cloud, central storage, and back-end data processing in a way older versions never attempted, modernizing the media production tool in a big way.

Best Performing Stocks To Watch For 2018: Toll Brothers Inc.(TOL)

Advisors’ Opinion:

  • [By George Putnam, Editor, New Generation Research, Inc.]

    Steve Halpern: Now, another company that you talk about is Toll Brothers (TOL), which focuses on the higher-end of the home market, as well as condominiums. Do you think there’s still opportunity with TOL?

  • [By Jim Powell]

    Steve Halpern: You mentioned home builders and one that you’ve been bullish on is Toll Brothers (TOL). Do you still like that stock?

    Jim Powell: I certainly do. It’s in there for the long haul. They’ve made some really good strategic decisions. One of the trends that I’ve been following is the millennial generation and what their habits are and what their preferences are.

  • [By WWW.THESTREET.COM]

    Next, on Tuesday, earnings from Darden Restaurants (DRI) and KB Home (KBH) . Cramer said he liked both companies, but prefers Toll Brothers (TOL) among the homebuilders.

  • [By Eileen Rojas]

    Toll Brothers has rising sales volume and unit prices
    For the third quarter ended on July 31, Toll Brothers’ (NYSE: TOL  ) net income was $46.6 million, or $0.26 per share. The latest income figures were down 24% from last year’s third-quarter results of $61.6 million, or $0.36 per share. The company’s total quarterly revenues were $689.2 million, up 24% over last year, and homebuilding deliveries were 1,059 units, up 10% compared to the same period last year.

  • [By Dan Caplinger]

    The stock market once again proved its resiliency on Wednesday, bouncing back from extensive declines early in the session to recover most of its losses. The Dow Jones Industrials actually managed to post yet another record close with a modest gain, and although other major market benchmarks suffered declines, they weren’t significant. Moreover, some favorable news from certain pockets of the market helped bolster investor confidence. Toll Brothers (NYSE:TOL), Lantheus Holdings (NASDAQ:LNTH), and Norwegian Cruise Line Holdings (NASDAQ:NCLH) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

Best Performing Stocks To Watch For 2018: EnLink Midstream Partners, LP(ENLK)

Advisors’ Opinion:

  • [By WWW.MONEYSHOW.COM]

    EnLink Midstream Partners (ENLK) is sponsored by independent oil and gas exploration giant Devon Energy (DVN), the owner of this acreage.

    These basins offer superior economics and EnLink’s close relationship with Devon provides leveraged exposure to the upstream operator’s accelerating activity in these plays.

Best Performing Stocks To Watch For 2018: Gaming and Leisure Properties, Inc.(GLPI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Gaming and Leisure Properties Inc (NASDAQ: GLPI) shares fell 3.25 percent to $31.90 in pre-market trading. Gaming and Leisure Properties priced offering of 10.53 million shares of common stock for gross proceeds of $333 million.

  • [By Seth McNew]

    One way Penn has been able to unlock extra value is by spinning off a portion of operations as a real estate investment trust (REIT) as a way to split up the physical property from the gaming operations. Following that 2013 creation of Gaming and Leisure Properties Inc(NASDAQ:GLPI),Penn essentially pays leasing fees to the REIT so it can focus on operations with a leaner balance sheet. Here’s a more in-depth analysis of the upside of Penn’s REIT model.

Top 5 Blue Chip Stocks To Invest In 2018

It was a mixed day for stocks as blue chips managed to squeak out a gain and small-caps got crushed ahead of tomorrow’s Fed announcement.

Keith Bedford for The Wall Street Journal

The S&P 500 fell 0.2% to 2,015.93 today, while the Dow Jones Industrial Average rose 22.40 points, or 0.1%, to 17,251.53. The Nasdaq Composite fell 0.5% to 4,728.67. The Russell 2000 tumbled 1.6% to 1,066.67, the first time since Sept. 2011 that the small-company benchmark fell by at least 1.5% and the Dow Jones Industrial Average finished higher.

The folks at Bespoke Investment Group consider the Russell 2000′s underperformance versus the S&P 500 this year:

Including today, the S&P 500 is down 1.6%, while the Russell 2000 is down 6.1%. Todays underperformance in small caps is just a continuation of what has been an extremely consistent trend of daily underperformance this year.

Top 5 Blue Chip Stocks To Invest In 2018: The ExOne Company(XONE)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows 3D Systems Corporation outperformingother 3D printing stocks like small caps ExOne Co (NASDAQ: XONE), Stratasys, Ltd (NASDAQ: SSYS)and Voxeljet AG (NYSE: VJET) with all four peaking around the same time in 2013/2014 before crashing with some signs of stabilization over the past 1 1/2 years:

  • [By Peter Graham]

    A long term performance chart shows shares of Stratasys, Ltd along with other small cap 3D printing stocks like 3D Systems Corporation (NYSE: DDD), ExOne Co (NASDAQ: XONE)and Voxeljet AG (NYSE: VJET) all peaking a few years and all showing some signs of stabilization over the past year:

  • [By Peter Graham]

    A long term performance chart shows shares of Stratasys, Ltd along with other small cap 3D printing stocks like 3D Systems Corporation (NYSE: DDD), ExOne Co (NASDAQ: XONE)and Voxeljet AG (NYSE: VJET) all peaking a few years with the bubble bursting and all showing some signs of stabilization or even a bit of a recent uptick:

  • [By Peter Graham]

    A long term performance chart shows Voxeljet AGalong with other small cap 3D printing stocks like ExOne Co (NASDAQ: XONE), 3D Systems Corporation (NYSE: DDD) and Stratasys, Ltd (NASDAQ: SSYS) all peaking around 2013-2014, but also showing some signs of life in recent months:

Top 5 Blue Chip Stocks To Invest In 2018: Neovasc Inc.(NVCN)

Advisors’ Opinion:

  • [By Lisa Levin] Related NVCN 18 Biggest Mid-Day Losers For Wednesday Legal Overhangs Keep Ladenburg Neutral On Neovasc Despite Positive Tiara Clinical Data Boston Scientific closes Neovasc transaction (Seeking Alpha)
    Related BSX Watch These 10 Huge Call Purchases In Monday Trade Wonderful Wearables Get Their Own ETF Boston Scientific closes Neovasc transaction (Seeking Alpha) Gainers
    Neovasc Inc (US) (NASDAQ: NVCN) rose 17.3 percent to $2.65 in pre-market trading after the company reported the close of its $75 million transaction with Boston Scientific Corporation (NYSE: BSX).
    aTyr Pharma Inc (NASDAQ: LIFE) shares rose 12.3 percent to $4.10 in pre-market trading after the company disclosed 'promising' signals in myopathies with Resolaris in exploratory trials.
    Globus Maritime Ltd (NASDAQ: GLBS) shares rose 10.1 percent to $6.90 in pre-market trading after climbing 5.03 percent on Monday.
    Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) shares rose 9.9 percent to $3.00 in pre-market trading. Aurinia Pharmaceuticals appointed Lorin Jeffry “Jeff” Randall to its board and Chairman of the Audit Committee.
    Ocean Rig UDW Inc. (NASDAQ: ORIG) shares rose 8.7 percent to $2.89 in pre-market trading after surging 19.82 percent on Monday.
    Full House Resorts, Inc. (NASDAQ: FLL) shares rose 5.1 percent to $2.08 in pre-market trading after declining 1.98 percent on Monday.
    Seadrill Ltd (NYSE: SDRL) rose 5.1 percent to $4.13 in pre-market trading after surging 3.15 percent on Monday.
    Noble Corporation (NYSE: NE) rose 5.1 percent to $7.60 in pre-market trading after declining 5.37 percent on Monday.
    Arbutus Biopharma Corp (NASDAQ: ABUS) rose 5.1 percent to $3.10 in pre-market trading. Arbutus issued additional data from its ARB-1467 Phase II
  • [By Lisa Levin]

    Neovasc Inc (US) (NASDAQ: NVCN) shares were also up, gaining 71 percent to $0.880 following announcement of an agreement with Boston Scientific Corporation (NYSE: BSX).

Top 5 Blue Chip Stocks To Invest In 2018: Toll Brothers Inc.(TOL)

Advisors’ Opinion:

  • [By George Putnam, Editor, New Generation Research, Inc.]

    Steve Halpern: Now, another company that you talk about is Toll Brothers (TOL), which focuses on the higher-end of the home market, as well as condominiums. Do you think there’s still opportunity with TOL?

  • [By Eileen Rojas]

    Toll Brothers has rising sales volume and unit prices
    For the third quarter ended on July 31, Toll Brothers’ (NYSE: TOL  ) net income was $46.6 million, or $0.26 per share. The latest income figures were down 24% from last year’s third-quarter results of $61.6 million, or $0.36 per share. The company’s total quarterly revenues were $689.2 million, up 24% over last year, and homebuilding deliveries were 1,059 units, up 10% compared to the same period last year.

  • [By WWW.THESTREET.COM]

    Next, on Tuesday, earnings from Darden Restaurants (DRI) and KB Home (KBH) . Cramer said he liked both companies, but prefers Toll Brothers (TOL) among the homebuilders.

  • [By Dan Caplinger]

    The stock market once again proved its resiliency on Wednesday, bouncing back from extensive declines early in the session to recover most of its losses. The Dow Jones Industrials actually managed to post yet another record close with a modest gain, and although other major market benchmarks suffered declines, they weren’t significant. Moreover, some favorable news from certain pockets of the market helped bolster investor confidence. Toll Brothers (NYSE:TOL), Lantheus Holdings (NASDAQ:LNTH), and Norwegian Cruise Line Holdings (NASDAQ:NCLH) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

  • [By Jim Powell]

    Steve Halpern: You mentioned home builders and one that you’ve been bullish on is Toll Brothers (TOL). Do you still like that stock?

    Jim Powell: I certainly do. It’s in there for the long haul. They’ve made some really good strategic decisions. One of the trends that I’ve been following is the millennial generation and what their habits are and what their preferences are.

  • [By Lisa Levin]

    Toll Brothers Inc (NYSE: TOL) reported stronger-than-expected profit for its third quarter, while revenue missed estimates

    Toll Brothers posted quarterly earnings of $0.87 per share on revenue of $1.502 billion. However, analysts were expecting earnings of $0.69 per share on revenue of $1.51 billion.

Top 5 Blue Chip Stocks To Invest In 2018: Snap Inc. (SNAP)

Advisors’ Opinion:

  • [By Virendra Singh Chauhan]

    Shares of Menlo Park, California-based Facebook Inc. (NASDAQ:FB)have been on a solid run. FB stock closed the last trading session at a price of$139.92 per share, 0.8% lower than the previous close. While the stock is still up by nearly 22% for the year, the recent trade action saw the stock slip below a crucial support level. The closing price of$139.92 was the first time that FB stock closed below the $140 mark since March 23rd. On a more positive note, Facebook announced yet another shot aimed at Snap Inc (NYSE:SNAP) owned Snapchat. Having stepped up its battle against Snapchat with a flurry of strikes through its various social networks/communicationplatforms, the social networking giant delivered what could be the next major blow to Snap Inc (NYSE:SNAP) owned Snapchat. Given the mixed news around FB stock, should investors exit FB stock on the fall below an important support line? Or is this an opportunity to buy into a solid growth name, at lower valuation levels?

  • [By Jack Delaney]

    The IPO market has been quiet in March, outside of Snap Inc. (NYSE: SNAP), with only five companies going public.

    But that will change this week as we have four IPOs to watch for the week of March 13.

  • [By Evan Niu, CFA]

    Easily one of the most aggravating aspects of Snap’s (NYSE:SNAP) forthcoming IPO is the fact that investors buying the Class A shares being offered will get exactly zero votes per share. No more, no less. While it’s common for tech companies to set up capital structures that preserve majority voting power for insiders, it’s uncommon for public investors to get no votes at all. Typically, investors will get at least one token vote per share, even if that vote is effectively useless in practice.

  • [By Jack Delaney]

    Yext is valued at $525 million, but the Yext IPO won’t be as hyped on Wall Street as the recent Snap Inc. (NYSE: SNAP) IPO.

    But tech investors have anticipated the IPO for two years, which means there will be a frenzy for Yext stock on the Yext IPO date. We could see the Yext IPO as soon as April.

  • [By Virendra Singh Chauhan]

    Shares of Venice, California-based Snap Inc (NYSE:SNAP), parent of Snapchat, crashed by 12.3% in the last trading session. In stark contrast to the pre-IPO hype, which saw the company price its IPO above the IPO range. SNAP stock closed the last trading session at $23.77 per share, falling below its IPO Open price of $24. After hitting a high of $29.44 on March 3, the stock was hit by negative commentary from multiple Wall Street firms, sending the SNAP shares near to its post-IPO low of $23.5 per share. As we had highlighted in a previous post, we thought SNAP was an IPO you should let go. It’s not late to exit the stock, as the risks look extremely high to hold on to those SNAP shares. This was also reflected in our belief that the SNAP stock was overvalued from day 1. So how should investors play SNAP stock from here? Can Snapchat rise enough to justify the massively premium valuations?

  • [By Andrew Tonner]

    Mark Twain’s observation that “history doesn’t repeat itself, but it does rhyme,” serves as something of a cautionary tale for those thinking about investing in Snap’s (NYSE:SNAP) upcoming blockbuster IPO.

Top 5 Blue Chip Stocks To Invest In 2018: Berkshire Hathaway Inc. (BRK-A)

Advisors’ Opinion:

  • [By Shanthi Rexaline]

    Billionaire investor Warren Buffett, for his part, has added fuel to Apple's recent rally by increasing his stake in the company in a big way. The 13D filing done by Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) following the end of the fourth quarter of 2016 showed that it had nearly quadrupled its position in Apple.

  • [By Matthew Frankel]

    Warren Buffett has a long and successful history in the insurance industry, and it has been a cornerstone of Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) growth strategy since the 1967 acquisition of National Indemnity. In fact, Buffett specifically referred to the insurance industry as Berkshire’s “most important sector” in his latest letter to shareholders. Here’s a rundown of Berkshire’s insurance operations, and why Buffett loves the insurance business so much.

  • [By Shanthi Rexaline]

    Incidentally, Facebook has secured shareholder approval for issuing Class C share at its shareholder meeting in June 2016, although it is yet to issue the shares.

    Other Companies With Dual-class Voting Shares
    Berkshire Hathaway Inc. (NYSE: BRK-A) and (NYSE: BRK-A), with Class A shares having 1/10th interest in the company but only 1/200th of voting power. Echostar Corporation (NASDAQ: SATS)’s CEO Charlie Ergen owns a 43.4 percent stake in the company through his holding of Class B shares but has 63.6 percent of the voting rights. Ford Motor Company (NYSE: F) uses the dual-class structure to give its founding family more voting power.

    Related Links:

  • [By Jon C. Ogg]

    Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of September 30, 2016. Outside of WarrenBuffett being one of the richest men alive and being considered the greatest investor of modern times, there have been many key changes in the Buffett stocks over recent quarters.