Luck is what happens when preparation meets opportunity. -Seneca
Authors Note: A more detailed research recommendation report on this sector will appear in our SA Marketplace site The House Edge after oral arguments are heard.
Two weeks from now, the US Supreme Court will hear oral arguments in the landmark case: Christie vs. Professional & Amateur Sports Protection Act (1992) asserting that it, among other injustices, is an undue incursion of the sovereign right of states to legalize wagering on sports. The case springs from a lawsuit by New Jersey Governor Chris Christie. Although online casino play is already legal in that state, sports betting is not. Through a succession of lower court rulings that cited the federal statute, Christie has taken the fight to the nations highest court. The outcome of that ruling, to come sometime this year, could trigger a bonanza for companies already in the online wagering sector. The American Gaming Association has issued an amicus curiae brief to the court favoring legal sports betting citing its estimate that it represents $150 in annual revenue to illegal bookmakers, much of which is diverted to finance organized criminal enterprises.
Top 10 Casino Stocks To Watch Right Now: Neuberger Berman Real Estate Securities Income Fund, Inc.(NRO)
- [By ]
Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO)
While focusing on primarily the United States, NRO also has limited retail exposure, with just 9.4% allocated to regional malls and 6.7% allocated to shopping centers for a total of just 16.1% retail exposure. For investors seeking low volatility, a 5-year chart of NRO’s share price is shockingly similar to the EKG of a cabbage, remaining in a tight band between $5 and $6 a share. The current share price is on the lower end at around $5.15, a 12% discount to NAV, and yields 10.5%.
Top 10 Casino Stocks To Watch Right Now: Heartware International, Inc.(HTWR)
- [By Spencer Israel]
4. HeartWare International Inc (NASDAQ: HTWR) – The heart device maker agreed to be acquired by Medtronic for $58 per share in cash two weeks ago. Prior to that the stock had been trading just above $30.
Top 10 Casino Stocks To Watch Right Now: M.D.C. Holdings, Inc.(MDC)
- [By Lisa Levin]
Cyclical consumer goods & services sector was the top gainer in the US market on Tuesday. Top gainers in the sector included M.D.C. Holdings, Inc. (NYSE: MDC), Delta Apparel, Inc. (NYSE: DLA), and Commercial Vehicle Group, Inc. (NASDAQ: CVGI).
Top 10 Casino Stocks To Watch Right Now: Charter Communications, Inc.(CHTR)
- [By Adam Levy]
Image source: Getty Images.
It was just a little more than a year ago when Comcast (NASDAQ:CMCSA) was the largest U.S. pay-TV provider. And it wasn’t even close. But after AT&T (NYSE:T) merged with DirecTV, it took over the top spot. Now, AT&T’s rival telecom company, Verizon (NYSE:VZ), is reportedly considering a megamerger of its own with Charter Communications (NASDAQ:CHTR). The move would put the combined company’s total video subscriber count very close to Comcast’s.
The potential merger points to a big hole in Comcast’s service offerings — its lack of wireless service. If customers can save money by bundling their TV, internet, and wireless bills together with its competitors, Comcast stands to lose customers. But Comcast’s management and investors shouldn’t lose sleep over the possibility that its two biggest competitors offer wireless service.
- [By Money Morning Staff Reports]
SoftBank also purchased telecom upstart Sprint Corp. (NYSE: S) in 2013. And it is considering deals with other communications giants, including Charter Communications Inc. (Nasdaq: CHTR) and T-Mobile U.S. Inc. (Nasdaq: TMUS)
- [By WWW.GURUFOCUS.COM]
For the details of OBERNDORF WILLIAM E’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=OBERNDORF+WILLIAM+E
These are the top 5 holdings of OBERNDORF WILLIAM EWorkiva Inc (WK) – 2,369,384 shares, 43.81% of the total portfolio. Shares added by 38.81%AppFolio Inc (APPF) – 839,797 shares, 26.98% of the total portfolio. Shares reduced by 39.22%Liberty Global PLC (LBTYK) – 289,812 shares, 12% of the total portfolio. Herbalife Ltd (HLF) – 145,000 shares, 9.96% of the total portfolio. Charter Communications Inc (CHTR) – 18,758 shares, 7.25% of the total portfolio.
- [By Matt Hogan]
It has been widely reported that T-Mobile US Inc. (NASDAQ: TMUS) had been in merger talks with Sprint Corp. (NYSE: S), a competitor that is majority owned by Softbank. However, these talks are now on hold as Sprint is negotiating potential deals with two of the largest cable companies in the United States; Comcast Corporation (NASDAQ: CMCSA) and Charter Communications, Inc. (NASDAQ: CHTR). These cable companies are under pressure having lost subscribers due to services like Netflix, Inc. (NASDAQ: NFLX), which recently blew away its second quarter growth estimates.
- [By Andrew Tonner]
As one of the group of companies associated with telecom magnate John Malone — who regularly uses complex, tax-efficient corporate transactions to unlock value for shareholders — Liberty Broadband serves as a holding company that controls a diverse set of media assets. The most important of these is Liberty Broadband’s ownership of 25% of Charter Communications’ (NASDAQ:CHTR) total voting power, which effectively makes Liberty Broadband a tracking stock for Charter Communications shares.As such, Liberty Broadband shares have largely mirrored the impressive rally in Charter Communications stock over the past year. Particularly given Charter’s upcoming launch of its own wireless service network, Soros’ investment in Liberty Broadband remains an interesting option as the cable and telecom industries continue to evolve.
Top 10 Casino Stocks To Watch Right Now: Bank of Nova Scotia (The)(BNS)
- [By Zacks]
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Top 10 Casino Stocks To Watch Right Now: Jersey Elec.(a)
- [By Sujan Lahiri]
The first stage is the removal (harvesting) of a sliver of dermal tissue, called a micro-organ (2-3mm diameter x 30-40mm length), from beneath the patient’s skin. This procedure is performed under a local anesthetic, is intended to be performed in a physician’s office and is minimally invasive, so as to encourage rapid healing with little or no scarring. Generally, more than one micro-organ will be harvested from the patient (typically 4-5).
- [By Chris Lange]
Agilent Technologies Inc. (NYSE: A) is set to release its most recent quarterly results Monday as well. The consensus forecast calls for $0.62 in EPS on $1.17 billion in revenue. Shares ended the week at $68.79 apiece. The consensus price target is $72.15, and the 52-week range is $42.92 to $69.09.
- [By Dave and Donald Moenning]
For those investors that like the comfort generally provided by a diversified portfolio, here’s an idea that will allow you to (a) maintain a diversified allocation in your portfolio and (b) stay out of trouble when the big, bad bears come to call on an asset class or two.
- [By Jake L’Ecuyer]
Agilent Technologies (NYSE: A) was also up, gaining 6.42 percent to $52.49 after the company announced its plans to separate into two public companies.
- [By Monica Gerson]
Agilent Technologies (NYSE: A) shares rose 5.45% to $52.01. The volume of Agilent Technologies shares traded was 736% higher than normal. Agilent announced its plans to separate into two public companies.
Top 10 Casino Stocks To Watch Right Now: Rosetta Genomics Ltd.(ROSG)
- [By Lisa Levin]
Shares of Rosetta Genomics Ltd. (USA) (NASDAQ: ROSG) were down 16 percent to $0.53 after the company agreed to be acquired by Genoptix for $10 million.
- [By Lisa Levin] Related CRMD Mid-Day Market Update: U.S. Stocks Turn Negative; AveXis Shares Spike Higher 12 Biggest Mid-Day Gainers For Tuesday CorMedix's (CRMD) CEO Khoso Baluch on Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
Related BIOA Mid-Day Market Update: U.S. Stocks Turn Negative; AveXis Shares Spike Higher Mid-Morning Market Update: Markets Edge Higher; Tiffany Earnings Top Estimates BioAmber (BIOA) Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
CorMedix Inc. (NYSE: CRMD) shares fell 27.5 percent to $1.50 after the company reported Q4 results and issued a business update.
Bioamber Inc (NYSE: BIOA) shares tumbled 23.6 percent to $2.40. BioAmber reported FY16 adjusted loss of $1.07 per share on revenue of $8.3 million.
The Medicines Company (NASDAQ: MDCO) shares dipped 20.9 percent to $41.62.
Innocoll Holdings PLC (NASDAQ: INNL) shares fell 20.3 percent to $1.49. Innocoll posted a narrower-than-expected quarter loss, but revenue missed estimates. Stifel Nicolaus downgraded Innocoll from Buy to Hold.
Rosetta Genomics Ltd. (USA) (NASDAQ: ROSG) shares declined 20.3 percent to $3.83. On Thursday, Rosetta Genomics disclosed a 1-for-12 reverse stock split.
Esperion Therapeutics Inc (NASDAQ: ESPR) shares dropped 19.9 percent to $23.76. Esperion Therapeutics shares have jumped 106.19 percent over the past 52 weeks, while the S&P 500 index has gained 16.70 percent in the same period.
AmTrust Financial Services Inc (NASDAQ: AFSI) tumbled 18.3 percent to $17.65. AmTrust Financial disclosed that it will delay its annual report filing for the fiscal year ended December 31, 2016.
Qualstar Corporation (NASDAQ: QBAK) slipped 17.7 percent to $6.85. Qualstar reported a Q4 loss of $0.20 per share on revenue of $2.2 milli
- [By Lisa Levin]
Shares of Rosetta Genomics Ltd. (USA) (NASDAQ: ROSG) were down 17 percent to $0.52 after the company agreed to be acquired by Genoptix for $10 million.
Top 10 Casino Stocks To Watch Right Now: Codexis, Inc.(CDXS)
- [By Jim Robertson]
On Tuesday, our Under the Radar Moversnewsletter suggested taking a long/bullish position in small cap biocatalysts developer Codexis, Inc (NASDAQ: CDXS):
- [By Maxx Chatsko]
While companies with lower-priced shares are often riskier than those with higher prices, some companies trading under $5 per share have intriguing potential. Investors searching for overlooked growth opportunities should consider industrial biotech BioAmber (NYSE:BIOA), pharmaceutical services company Codexis (NASDAQ:CDXS), and one-trick-pony biopharma Keryx Biopharmaceuticals (NASDAQ:KERX).
Top 10 Casino Stocks To Watch Right Now: Cartesian, Inc.(CRTN)
- [By Jim Robertson]
Today, our Under the Radar Moversnewsletter suggestedsmall cap professional services and technical solutions stock Cartesian Inc (NASDAQ: CRTN) as a long/bullish trade:
Top 10 Casino Stocks To Watch Right Now: Just Hold Your Nose and Dive Into Under Armour Inc (UAA)
- [By Demitrios Kalogeropoulos]
Meanwhile, earnings season produced large price swings in a few stocks individual stocks, including Under Armour (NYSE:UA) (NYSE:UAA) and UPS (NYSE:UPS).
- [By Douglas A. McIntyre]
The suggestion of a boycott of Starbucks Corp. (NASDAQ: SBUX) products because its CEO plans to hire thousands of refugees, as well as an analyst downgrade of Under Armour Inc. (NYSE: UAA) stock due to the CEO Kevin Plank’s positive comments about the effects of Trump on American business, show how widely the debate over association, either positive or negative, with White Housepolicies has exploded.
- [By WWW.THESTREET.COM]
If Under Armour (UAA) , (UA) shareholders didn’t have bad luck, they wouldn’t have any luck at all. UAA shares are down around 30% year to date and more than 50% in the last 12 months. I thought these guys were supposed to be the next Nike (NKE) .
- [By Ben Levisohn]
Yesterday, Under Armour (UAA) reported disappointing earnings and cut its revenue-growth forecast in half. That prompted seven analysts to cut its stock yesterday, including those at Susquehanna, Piper Jaffray, Raymond James, BofA Merrill Lynch, Wells Fargo, B. Riley, and Credit Suisse. And the downgrades have continued today, with analysts at Evercore ISI, FBR, and Canaccord Genuity joining the downgrade party.
Isn’t it a little late, now that the stock has lost a quarter of its value? Canaccord’s Camilo Lyon and Pallav Saini don’t think so:
Following surprisingly weak Q4 results and further reduction in 2017 guidance, we are downgradingUnder Armour stock to HOLD from Buy. While EPS of 23c came in slightly below our 25c consensus estimate, sales (+12%) and gross margin (-314bps) were significantly below guidance and our expectations. The disappointing results were largely driven by weak NA apparel business, which continues to be plagued by sporting goods bankruptcies, limited lifestyle/fashion merchandise in Under Armour’s assortment, and heavy promotional activity by Nike (NKE) and Adidas to whichUnder Armour responded late. WhileUnder Armour is taking steps to rectify the assortment missteps in apparel by increasing its lifestyle offering, we are not likely to see a significant improvement before 2018. That said, there were pockets of growth within apparel, mainly golf and basketball, that underscore the value of the brand. While growth continues to be robust in footwear (+36%), international (+55%) and DTC (+23%), we believe the challenges in Under Armour’s NA apparel business will continue to weigh on the business in 2017. In addition, recent news reports suggest there are more sporting goods retailers (e.g. EMS, Gander Mountain, Bob’s Sports) on the verge of bankruptcy, which could put further downward pressure on athletic vendors. Lastly,Under Armour continues to invest aggressivel