Tag Archives: UTX

Hot Warren Buffett Stocks To Watch For 2018

DELAFIELD, Wis. (Stockpickr) — Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses. Even the best short-sellers know that it’s never a great idea to stay short once a bullish earnings report sparks a big short-covering rally.

Must Read: Warren Buffett’s Top 10 Dividend Stocks

This is why I scan the market for heavily shorted stocks that are about to report earnings. You only need to find a few of these stocks in a year to help enhance your portfolio returns — the gains become so outsized in such a short time frame that your profits add up quickly.

That said, let’s not forget that stocks are heavily shorted for a reason, so you have to use trading discipline and sound money management when playing earnings short-squeeze candidates. It’s important that you don’t go betting the farm on these plays and that you manage your risk accordingly. Sometimes the best play is to wait for the stock to break out following the report before you jump in to profit off a short squeeze. This way, you’re letting the trend emerge after the market has digested all of the news.

Hot Warren Buffett Stocks To Watch For 2018: Yanzhou Coal Mining Company Limited(YZC)

Advisors’ Opinion:

  • [By Lisa Levin]

    Thursday afternoon, energy shares slipped by just 0.1 percent. Meanwhile, top gainers in the sector included Superior Energy Services, Inc. (NYSE: SPN), and Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC).

Hot Warren Buffett Stocks To Watch For 2018: United Technologies Corporation(UTX)

Advisors’ Opinion:

  • [By ]

    It’d be one thing if GE were cheap, but on many metrics, it’s not. Many investors at this point would rather pay for United Technologies Corporation (UTX)  , Honeywell International Inc. (HON)  or 3M Co (MMM)  — the last two of which are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio.

  • [By Chris Lange]

    On Wednesday, United Technologies Corp. (NYSE: UTX) also is scheduled to reveal its fourth-quarter results. The consensus estimates are $1.56 in EPS and $15.36 billion in revenue. Shares were trading at $135.90 as the week came to a close. The consensus price target is $139.63. The 52-week trading range is $106.85 to $137.73.

  • [By Lisa Levin] Companies Reporting Before The Bell
    United Technologies Corporation (NYSE: UTX) is estimated to report quarterly earnings at $1.51 per share on revenue of $14.62 billion.
    The Coca-Cola Company (NYSE: KO) is expected to report quarterly earnings at $0.46 per share on revenue of $7.31 billion.
    Caterpillar Inc. (NYSE: CAT) is projected to report quarterly earnings at $2.07 per share on revenue of $11.93 billion.
    Verizon Communications Inc. (NYSE: VZ) is expected to report quarterly earnings at $1.11 per share on revenue of $31.22 billion.
    Lockheed Martin Corporation (NYSE: LMT) is estimated to report quarterly earnings at $3.42 per share on revenue of $11.28 billion.
    The Sherwin-Williams Company (NYSE: SHW) is projected to report quarterly earnings at $3.15 per share on revenue of $3.94 billion.
    Biogen Inc. (NASDAQ: BIIB) is expected to report quarterly earnings at $5.92 per share on revenue of $3.15 billion.
    3M Company (NYSE: MMM) is estimated to report quarterly earnings at $2.52 per share on revenue of $8.26 billion.
    JetBlue Airways Corporation (NASDAQ: JBLU) is projected to report quarterly earnings at $0.2 per share on revenue of $1.75 billion.
    Eli Lilly and Company (NYSE: LLY) is expected to report quarterly earnings at $1.13 per share on revenue of $5.49 billion.
    Harley-Davidson, Inc. (NYSE: HOG) is estimated to report quarterly earnings at $0.88 per share on revenue of $1.25 billion.
    Corning Incorporated (NYSE: GLW) is expected to report quarterly earnings at $0.3 per share on revenue of $2.50 billion.
    Centene Corporation (NYSE: CNC) is projected to report quarterly earnings at $1.88 per share on revenue of $13.28 billion.
    The Travelers Companies, Inc. (NYSE: TRV) is estimated to report quarterly earnings at $2.77 per share on revenue of $6.75 billion.
    Wipro Limited (NYSE: WIT) is expected to report quarterly earnings at $0.07 per share on revenue of $2.16 billion.
    PACCAR Inc (NASDAQ: PCAR) is projected to
  • [By ]

    Tickers mentioned: (GM) , (UA) , (AMZN) , (STZ) , (DE) , (UTX) , (QCOM) , (NVDA) , (INTC) , (MU) , (GOOGL) , (VZ) . Goldman Sachs, Amazon, Constellation Brands, Nvidia and Alphabet are holdings in Action Alerts PLUS.

  • [By Paul Ausick]

    The DJIA stock posting the largest daily percentage gain ahead of the close Thursday was United Technologies Corp. (NYSE: UTX) which traded up 2.86% at $121.54. The stock’s 52-week range is $106.85 to $124.79 Volume was about equal to the daily average of around 3.5 million shares. The announced the hiring of a new chief technology office, Paul Eremenko, who comes from Google by way of Airbus.

  • [By Chris Dier-Scalise]

    What gives? Well, all of the top six holdings in the fund—Boeing Co (NYSE: BA), United Technologies Corporation (NYSE: UTX), Lockheed Martin Corporation (NYSE: LMT), General Dynamics Corporation (NYSE: GD), Raytheon Company (NYSE: RTN), and Northrup Grumman Corporation (NYSE: NOC)—all either met or exceeded Q4 earnings estimates. Together, those six companies make up about 45 percent of the fund.

Hot Warren Buffett Stocks To Watch For 2018: Knight Transportation, Inc.(KNX)

Advisors’ Opinion:

  • [By Max Byerly]

    COPYRIGHT VIOLATION NOTICE: “Zacks: Brokerages Anticipate Knight-Swift (KNX) Will Announce Quarterly Sales of $1.32 Billion” was published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at www.tickerreport.com/banking-finance/3346524/zacks-brokerages-anticipate-knight-swift-knx-will-announce-quarterly-sales-of-1-32-billion.html.

  • [By Rich Smith]

    Knight Transportation (NYSE:KNX) is merging with Swift Transportation (NYSE:SWFT) to build a $5 billion trucking behemoth — and Wall Street thinks that’s a good thing.

  • [By ]

    Knight-Swift Transportation Holdings (NYSE: KNX) completed its merger of Knight Transportation and Swift Transportation in September last year to create one of the largest operators in the FTL segment. Drivers as a percentage of total employment is among the highest in the industry, but could come down as the merged company consolidates the business.

Hot Warren Buffett Stocks To Watch For 2018: Denbury Resources Inc.(DNR)

Advisors’ Opinion:

  • [By John Stevens]

     Denbury Resources (DNR) stock started sinking on Wednesday. They continued to go down on Thursday and Friday as well. Overall, they went down by over 15% since they opened on Wednesday, alongside oil prices as traders booked profits after three sessions of gains.

    Denbury Resources Inc. is an independent oil and natural gas company. The Company’s operations are focused on two operating areas: the Gulf Coast and Rocky Mountain regions. Its properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming. It has estimated proved oil and natural gas reserves of over 288.6 million barrels of oil equivalent (MMBOE). Its primary Gulf Coast carbon dioxide source is Jackson Dome, which is located near Jackson, Mississippi..

    Shares of Denbury Resources slumped by 6.31% to $4.24 during trading on Thursday the 9th as oil prices declined. On Friday, the again went down by another 8.83% to close at $3.31.

  • [By Lisa Levin]

    On Friday, the energy sector proved to be a source of strength for the market. Leading the sector was strength from Denbury Resources Inc. (NYSE: DNR) and California Resources Corp (NYSE: CRC).

  • [By Dan Caplinger]

    Yet even though the overall market held up relatively well, some stocks took substantial hits. Domino’s Pizza (NYSE:DPZ), Denbury Resources (NYSE:DNR), and Pandora Media (NYSE:P) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.

  • [By Matthew DiLallo]

    That sell-off in the oil market weighed on financially challenged oil stocks, which will struggle if crude continues dropping. Among the biggest losers were Abraxas Petroleum (NASDAQ:AXAS), Whiting Petroleum (NYSE:WLL), Denbury Resources (NYSE:DNR), California Resources (NYSE:CRC), and Cobalt International Energy (NYSE:CIE).

  • [By Logan Wallace]

    TRADEMARK VIOLATION WARNING: “Denbury Resources (DNR) Bonds Rise 1.8% During Trading Insider Trade” was published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at www.tickerreport.com/banking-finance/3352072/denbury-resources-dnr-bonds-rise-1-8-during-trading-insider-trade.html.

Hot Warren Buffett Stocks To Watch For 2018: Ascent Capital Group, Inc.(ASCMA)

Advisors’ Opinion:

  • [By Lisa Levin]

    Tuesday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from NL Industries Inc (NYSE: NL) and Ascent Capital Group Inc (NASDAQ: ASCMA).

  • [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]

    Both of these stocks are overlooked, undervalued, and cash flow machines. The companies are Ascent Capital Group (ASCMA) and Covanta Holdings (CVA).

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.

Compare Brokers

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

Top 10 Stocks To Watch Right Now

&l;p&g;&l;a href=&q;https://blogs.forbes.com/bradthomas/files/2018/02/pexels-photo-2.jpg&q; target=&q;_blank&q;&g;&l;img class=&q;size-medium wp-image-2844&q; src=&q;http://blogs-images.forbes.com/bradthomas/files/2018/02/pexels-photo-2-300×200.jpg?width=960&q; alt=&q;&q; data-height=&q;200&q; data-width=&q;300&q;&g;&l;/a&g; Source: PEXELS

The challenge for REITs in 2018 is that higher interest rates are likely to impact share price performance; however, to combat market conditions, many REITs are beginning to announce dividend increases.

So far in 2018, REITs have under-performed, causing shares to decline and dividend yields to increase. Many of our favorite companies have announced full year 2017 results, validating the argument that the market has over-reacted to rising rates.

&l;p class=&q;tweet_line&q;&g;There are reasons for optimism regarding economic growth in 2018, such as tax reform and GDP growth. In addition, most REITs have been preparing for accelerated interest rates by reducing leverage and reliance on secured debt.

Top 10 Stocks To Watch Right Now: Paylocity Holding Corporation(PCTY)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of Box Inc underperforming potential mid cap peer Paycom Software Inc (NYSE: PAYC)and small cap peers Paylocity Holding Corp (NASDAQ: PCTY) and TriNet Group Inc (NYSE: TNET)whichall had their IPOs around the same time:

  • [By Peter Graham]

    A long term performance chart shows shares of Box Inc underperforming potential small cap peers such asPaycom Software Inc (NYSE: PAYC), Paylocity Holding Corp (NASDAQ: PCTY) and TriNet Group Inc (NYSE: TNET)which also debuted around the same time:

  • [By Peter Graham]

    A long term performance chart shows shares of Box Inc underperforming potential mid cap peers Paycom Software Inc (NYSE: PAYC)andTriNet Group Inc (NYSE: TNET)plussmall cap peer Paylocity Holding Corp (NASDAQ: PCTY) whichall had IPOs around the same time:

  • [By Peter Graham]

    A long term performance chart shows shares of Box Inc underperforming potential mid cap peer Paycom Software Inc (NYSE: PAYC)and small cap peers Paylocity Holding Corp (NASDAQ: PCTY) and TriNet Group Inc (NYSE: TNET)whichall had IPOs around the same time:

Top 10 Stocks To Watch Right Now: Towerstream Corporation(TWER)

Advisors’ Opinion:

  • [By Lisa Levin]

    Towerstream Corporation (NASDAQ: TWER) shares were also up, gaining 9 percent to $3.49. Towerstream is scheduled to report Q2 financial results on August 9, 2016.

Top 10 Stocks To Watch Right Now: United Technologies Corporation(UTX)

Advisors’ Opinion:

  • [By Shanthi Rexaline]

    Here is the list of the Dow components, which are scheduled to report this week:

    1. 3M Co
    Company: 3M Co (NYSE: MMM). Date of Reporting: Tuesday, before the market open. EPS Estimate vs. Year-ago EPS: $2.54 versus $2.08. Revenue Estimate: $7.86 billion versus $7.66 billion. Stock Gain/Loss (year to date): 18.12 percent.
    2. Caterpillar
    Company: Caterpillar Inc. (NYSE: CAT). Date of Reporting: Tuesday, before the market open. EPS Estimate vs. Year-ago EPS: $1.25 versus $1.09. Revenue Estimate: $10.93 billion versus $10.94 billion. Stock Gain/Loss (year to date): 16.10 percent.
    3. McDonald’s
    Company: McDonald’s Corporation (NYSE: MCD). Date of Reporting: Tuesday, before the market open. EPS Estimate vs. Year-ago EPS: $1.62 versus $1.45. Revenue Estimate: $5.96 billion versus $6.26 billion. Stock Gain/Loss (year to date): 25.35 percent.
    4. United Technologies
    Company: United Technologies Corporation (NYSE: UTX) Date of Reporting: Tuesday, before the market open. EPS Estimate vs. Year-ago EPS: $1.78 versus $1.82. Revenue Estimate: $15.24 billion versus $14.87 billion. Stock Gain/Loss (year to date): 12.47 percent.

    See also: 3 Reasons Alcoa Is No Longer The Curtain-Raising Event Of Earnings Season

  • [By Stephen Mack]

    The biggest aerospace deal in history was announced Monday, as United Technologies Corp. (NYSE: UTX) agreed to acquire aviation parts manufacturer Rockwell Collins Inc. (NYSE: COL) for $23 billion.

  • [By Paul Ausick]

    United Technologies Corp. (NYSE: UTX) traded down 1.65% at $134.32. The stock’s 52-week range is $106.85 to $137.39. Volume was about 15% above the daily average of around 3.1 million. The company had no specific news Tuesday.

Top 10 Stocks To Watch Right Now: Arcadia Biosciences, Inc.(RKDA)

Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, our Under the Radar Movers newsletter suggested small cap agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) as a short/bearish trade:

  • [By Peter Graham]

    The Q3 2016 earnings report formid cap pet stock agricultural biotechnology Arcadia Biosciences (NASDAQ: RKDA) is scheduled for after the market closes onThursday (November 10th). Last Thursday, our Under the Radar Movers newsletter suggestedthe stockas a short/bearish trade, saying:

  • [By Chris Lange]

    Arcadia Biosciences, Inc. (NASDAQ: RKDA) watched its shares absolutely explode on Wednesday after the firm announced that it reached a couple key milestones. Specifically, the firm said that it achieved two technology milestones in its High Fiber Resistant Starch (RS) Wheat program.

Top 10 Stocks To Watch Right Now: Leading Brands Inc(LBIX)

Advisors’ Opinion:

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares shot up 66 percent to $2.49 following Q1 results. Leading Brands reported Q1 earnings of $0.10 per share on revenue of $3.033 million.

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares dropped 13 percent to $1.99 following Q2 results. Leading Brands posted Q2 EBITDAS of $0.00 per share, compared to $0.09 per share during the same period last year.

  • [By Lisa Levin]

    Leading Brands, Inc (USA) (NASDAQ: LBIX) shares were also up, gaining 145 percent to $3.31 on no formal news from company. The stock rallied 215 percent over Tuesday and Wednesday of this week amid trader speculation stock could be sympathy play on move higher in Helios & Matheson. However, Leading Brands shares sold off 27 percent on Thursday.

Top 10 Stocks To Watch Right Now: Imprivata, Inc.(IMPR)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Imprivata Inc (NYSE: IMPR) got a boost, shooting up 31 percent to $19.01 as the company reached a definitive deal to be bought by an affiliate of Thoma Bravo, LLC, a private equity firm, for $544 million

Top 10 Stocks To Watch Right Now: Fortress Investment Group LLC(FIG)

Advisors’ Opinion:

  • [By Dan Caplinger]

    The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) 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.

Top 10 Stocks To Watch Right Now: Extreme Networks Inc.(EXTR)

Advisors’ Opinion:

  • [By Azam Zariff]

    Extreme Networks, Inc. (NASDAQ: EXTR), a communication company, has been on a surge the past year. From the low of $2.32 to high of $8.11 in just over a year, this stock might continue to rise. Besides the strong financials, and positive acquisition news, EXTR current price is testing the high of $8.11 and once the price breaks above $8.11, we can expect the price to surge.

Top 10 Stocks To Watch Right Now: Ring Energy, Inc.(REI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Ring Energy Inc (NYSE: REI) is projected to post a quarterly loss at $0.05 per share on revenue of $7.92 million.

    Gain Capital Holdings Inc (NYSE: GCAP) is estimated to post its quarterly earnings at $0.07 per share on revenue of $100.39 million.

Top 10 Stocks To Watch Right Now: Boston Properties, Inc.(BXP)

Advisors’ Opinion:

  • [By Markus Aarnio]

    Owens Realty Mortgage’s competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.

  • [By Paul R. La Monica]

    The fund owned big U.S. real estate investment trusts Boston Properties (BXP) and Vornado (VNO), as well as Japan’s Sumitomo Realty, as of the end of last year. REITs are known for their big dividends.

IBM, Exxon Mobil Lifted the DJIA on Wednesday

January 3, 2018: Markets opened higher again Wednesday and have improved on the opening gains throughout the day. Both the S&P 500 and the DJIA posted new intra-day highs. The day’s sector leaders were Energy and technology while telecom and utilities lagged. WTI crude oil for February delivery settled at $61.63 a barrel, up 2.1% for the day and the highest close in three years. February gold added 0.2% on the day to settle at $1,318.50 for a ninth consecutive winning session and the highest close in more than three months. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.44% for the day, the S&P 500 traded up 0.66%, and the Nasdaq Composite traded up 0.84%.

Bitcoin futures for January delivery traded at $14,880, essentially flat, on the CME after opening at $14.900 this morning. Only 685 contracts had been traded in the session and open interest is just 596.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was International Business Machines Corp. (NYSE: IBM) which traded up 2.85% at $158.65. The stock’s 52-week range is $139.13 to $182.79. Volume was about 35% above the daily average of around 4.8 million shares. The company’s stock was raised to Outperform at RBC Capital Markets this morning.

Exxon Mobil Corp. (NYSE: XOM) traded up 2.23% at $86.93. The stock’s 52-week range is $76.05 to $91.15. Volume was about 10% above the daily average of around 9.3 million shares. The company had no specific news.

DowDuPont Inc. (NYSE: DWDP) traded up 1.59% at $73.04. The stock’s 52-week range is $56.76 to $73.85. Volume was about 10% below the daily average of around 7.2 million. The company had no news.

United Technologies Corp. (NYSE: UTX) traded up 1.44% at $130.01. The stock’s 52-week range is $106.85 to $130.20 and the high was posted this afternoon. Volume was about 40% above the daily average of around 2.8 million shares. The company had no news.

Of the Dow stocks, 18 are on track to close higher Wednesday and 12 are set to close lower.
24/7 Wall St.
Top Merrill Lynch Stock Picks for the First Quarter of 2018

Best Biotech Stocks To Invest In Right Now

You can love it, you can hate it. But you can definitely not ignore Celgene (NASDAQ:CELG). This biotech stock has continued to be in news for quite a long time and mostly for the right reasons.

Before we deep-dive in the company’ product portfolio, it would however be prudent to discuss the pricing issue that has been scaring away investors from biotechnology stocks. After being declared as the 2016 Person of the Year by TIME Magazine, Donald Trump had said, “I’m going to bring down drug prices. I don’t like what’s happened with drug prices.”

Pricing pressures may have limited impact on Celgene

Donald Trump’s statement is definitely not good news for healthcare stocks. However, I strongly believe that Celgene will be one of those facing least amount of pricing pressures in 2017. This confidence is based on Celgene’s Q3 2016 revenue numbers, where the company posted 28% rise on year-over-year basis. However, drill a little bit further in the growth number and you learn that product volumes grew by 25% in this time frame. So it is apparent that changes in pricing had a small part to pay in the company’s revenue growth. Most of the stellar performance was driven by strong underlying demand, a claim not many biotech companies can make today.

Best Biotech Stocks To Invest In Right Now: Stage Stores, Inc.(SSI)

Advisors’ Opinion:

  • [By Paul Ausick]

    Stage Stores Inc. (NYSE: SSI) dropped nearly 20% on Monday to post a new 52-week low of $3.21 after closing at $4.00 on Friday. Volume was more than 5 times the daily average of about 650,000 shares. The company posted poor holiday season sales last Friday and lowered its guidance.

  • [By Lisa Levin]

    Stage Stores Inc (NYSE: SSI) was down, falling around 16 percent to $3.35 as the company reported a drop in its holiday season same-store sales and lowered its earnings guidance. The retailer’s same-store sales dropped 7.3 percent for the nine-week period ending December 31, 2016.

Best Biotech Stocks To Invest In Right Now: United Technologies Corporation(UTX)

Advisors’ Opinion:

  • [By Paul Ausick]

    United Technologies Corp. (NYSE: UTX) traded up 1.44% at $130.01. The stock’s 52-week range is $106.85 to $130.20 and the high was posted this afternoon. Volume was about 40% above the daily average of around 2.8 million shares. The company had no news.

  • [By Paul Ausick]

    United Technologies Corp. (NYSE: UTX) traded down 1.07% at $116.63. The stock’s 52-week range is $106.21 to $124.79. Volume was about 25% below the daily average of around 3.6 million shares. The company had no specific news.

  • [By WWW.THESTREET.COM]

    Analysts upgraded United Technologies (UTX) , for example, suggesting that investors look past 2017 headwinds and instead focus on 2018. There was a similar upgrade for General Electric (GE) .

  • [By Wayne Duggan]

    Aggressive military and law enforcement spending could be good news for Northrop Grumman Corporation (NYSE: NOC), United Technologies Corporation (NYSE: UTX), Lockheed Martin Corporation (NYSE: LMT), TASER International, Inc. (NASDAQ: TASR) and Digital Ally, Inc. (NASDAQ: DGLY).

  • [By Elizabeth Balboa]

    An official government strategy may open the door for defense contractors beyond the traditional Lockheed Martin Corporation (NYSE: LMT), Northrop Grumman Corporation (NYSE: NOC) and United Technologies Corporation (NYSE: UTX).

Best Biotech Stocks To Invest In Right Now: Shenandoah Telecommunications Co(SHEN)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Monday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included Shenandoah Telecommunications Company (NASDAQ: SHEN), down 3 percent, and TIM Participacoes SA (ADR) (NYSE: TSU) down 2 percent.

  • [By Lisa Levin]

    In trading on Friday, telecommunications services shares fell by 0.99 percent. Meanwhile, top losers in the sector included Chunghwa Telecom Co., Ltd (ADR) (NYSE: CHT), down 3 percent, and Shenandoah Telecommunications Company (NASDAQ: SHEN), down 4 percent.

  • [By WWW.THESTREET.COM]

    Cramer said that Shenandoah Telecommunications (SHEN) is expensive at 60 times earnings, and without a dividend, he also took a pass on that one.

    Finally, Cramer said Hudson Technologies (HDSN) was a great stock to own in 2016, when shares soared 170%, but this year, he cannot recommend this high-flying refrigeration company.