Two big events on the horizon are Federal Reserve Chairwoman Janet Yellen speaking before Congress and the launch of earnings season with reports coming out from big banks. But until those get under way, investors are paying attention to whether the tech sector can follow through with a recent gain and whether oil prices can pull out of a slump.
On Friday, stocks finished higher for the session and week on the back of a rebound in tech stocks with the Dow Jones Industrial Average
DJIA, +0.44%
rising 0.3% for the week, the S&P 500 index
SPX, +0.64%
rising less than 0.1% and the Nasdaq Composite Index
COMP, +1.04%
advancing 0.2%.
Top 10 Heal Care Stocks To Own Right Now: JinkoSolar Holding Company Limited(JKS)
Advisors’ Opinion:
- [By Paul Ausick]
It is not often that a secondary stock offering sends a companys shares higher, but we are seeing that very phenomenon Friday morning. Chinese solar PV maker JinkoSolar Holding Co. Ltd. (NYSE: JKS) and stock image company Shutterstock Inc. (NASDAQ: SSTK) both priced secondary offerings this morning and shares in both companies have risen sharply.
- [By Lisa Levin]
JinkoSolar Holding Co (NYSE: JKS) dropped 9.88% to $16.87 after the company announced the offering of 3,500,000 American Depositary Shares.
Fuwei Films (Holdings) Co (NASDAQ: FFHL) dropped 9.66% to $1.30. Fuwei Films’ trailing-twelve-month ROE is -10.85%.
- [By Lisa Levin]
In trading on Monday, energy shares fell by 0.59 percent. Meanwhile, top losers in the sector included JinkoSolar Holding Co., Ltd. (NYSE: JKS), down 8 percent, and Teekay Offshore Partners L.P. (NYSE: TOO) down 7 percent.
- [By Elizabeth Balboa]
First Solar, Inc (NASDAQ: FSLR) was trading down 3.7 percent Monday, while JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) was down 0.8 percent, SunPower Corporation (NASDAQ: SPWR) 4.4 percent, Canadian Solar Inc. (NASDAQ: CSIQ) 5.2 percent and JinkoSolar Holding Co., Ltd. (NYSE: JKS) 4.4 percent.
- [By Paul Ausick]
But the real news is the near vertical trajectory in share prices for the two stocks. This could be another manifestation of the markets hunger for some momentum plays, as we noted earlier this morning the bump to share prices for both JinkoSolar Holding Co. Ltd. (NYSE: JKS) and Shutterstock Inc. (NASDAQ: SSTK), both of which held secondary share sales this morning.
Top 10 Heal Care Stocks To Own Right Now: Pegasystems Inc.(PEGA)
Advisors’ Opinion:
- [By Steve Symington]
Shares ofPegasystems Inc.(NASDAQ:PEGA) jumped 31.5% in 2016,according to data from S&P Global Market Intelligence, largely thanks to a strong quarterly report from the business management software specialist late in the year.
- [By Demitrios Kalogeropoulos]
As for individual stocks, Snap (NYSE:SNAP) and Pegasystems (NASDAQ:PEGA) made big moves following the companies’ quarterly earnings reports.
Image source: Getty Images.
Top 10 Heal Care Stocks To Own Right Now: Tuesday Morning Corp.(TUES)
Advisors’ Opinion:
- [By Peter Graham]
Small cap closeout home decor retailer Tuesday Morning Corporation (NASDAQ: TUES) reported Q4 and fiscal 2017 earnings before the market opened on Thursday. Q4net sales were $223.6 million versus $222.8 million as the Company’s sales comparison to the prior year is impacted by the net closure of 20 stores during the current fiscal year.Comparable store sales increased 1.8% compared to the same period a year ago, and were comprised of a 2.6% increase in customer transactions, partially offset by a 0.8% decrease in average ticket. The Company operated 731 stores at the end of the fiscal year, which is a decrease of 20 stores from the prior year period.The net loss was $17.3 million versusa net loss of $3.9 million.
- [By Monica Gerson]
Tuesday Morning (NASDAQ: TUES) shares gained 4.87% to create a new 52-week high of $14.63. Tuesday Morning shares have jumped 110.09% over the past 52 weeks, while the S&P 500 index has gained 18.17% in the same period.
Top 10 Heal Care Stocks To Own Right Now: Roper Technologies, Inc.(ROP)
Advisors’ Opinion:
- [By Monica Gerson]
Roper Technologies Inc (NYSE: ROP) is projected to report its quarterly earnings at $1.46 per share on revenue of $895.87 million.
Express Scripts Holding Company (NASDAQ: ESRX) is expected to post its quarterly earnings at $1.22 per share on revenue of $25.20 billion.
- [By Ben Levisohn]
Flexing the barbell strategy to balance Safe Havens with more cyclical exposures. In our view, industrials investors should be positioning their portfolio with a barbell strategy, with half of the exposure in Safe Havens like General Electric, Xylem (XYL), Danaher, Honeywell International, Roper Technologies (ROP), and AMETEK (AME), and the other half selectively in the cyclical names that are better positioned today, such as Pentair, HD Supply Holdings (HDS),Actuant (ATU), Atkore International Group (ATKR), Ingersoll-Rand, and Eaton (ETN). We still believe risk-reward is mostly balanced and that the macro will remain choppy into 2017, supporting a positioning in the defensive names. But if investor sentiment improves on not-worse news and earnings results, the more cyclical names could fare better.
- [By Monica Gerson]
Analysts are expecting Roper Technologies Inc (NYSE: ROP) to have earned $1.46 per share on revenue of $895.87 million in the latest quarter. Roper Technologies shares declined 0.05 percent to close at $178.63 on Friday.
Top 10 Heal Care Stocks To Own Right Now: L'Or茅al S.A. (LRLCY)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
GLP’s customers include Walmart (WMT) , Unilever (UL) , JD.com (JD) , Adidas (ADDYY) , Estee Lauder (EL) and L’Oreal (LRLCY) .
The S$3.38 offer price represents 81% premium over its 12-month volume weighted average price and a 25% premium over its last full trading day before the announcement.
- [By SEEKINGALPHA.COM]
Absent any debt repayment via cash flow YTD in 2017, Valeant has long term Debt of approx. $28.65B after the closing of the skincare assets to L’Oreal (OTCPK:LRLCY), and slightly under $28 Billion when the Dendreon sale to Sanpower closes and they use those proceeds to pay down debt.
- [By SEEKINGALPHA.COM]
Valeant’s other sale of CeraVe and several other skin care assets to L’Oreal (OTCPK:LRLCY) for $1.3B is even more spectacular. It is almost eight times the $150M Valeant spent to buy these assets between 2008 and 2012 according to this source. “Lost value” indeed. The sales price is ~20x EBITDA, showing that Valeant has received a very good price for these assets. For comparison, the beauty company Estee Lauder (NYSE:EL) trades at EV of 15x EBITDA according to Yahoo Finance.
- [By SEEKINGALPHA.COM]
Besides these American and Swiss titans, Unilever also faces global competition from French cosmetics giant L’Oreal (OTCPK:LRLCY) (OTCPK:LRLCF), from Colgate-Palmolive (NYSE:CL) and from Reckitt Benckiser , in the home and personal care spaces, as well as from Danone (OTCQX:DANOY), Mondelez (NASDAQ:MDLZ) and from KraftHeinz (NASDAQ:KHC) in the Big Food arena.
Top 10 Heal Care Stocks To Own Right Now: AMTEK, Inc.(AME)
Advisors’ Opinion:
- [By Ben Levisohn]
Flexing the barbell strategy to balance Safe Havens with more cyclical exposures. In our view, industrials investors should be positioning their portfolio with a barbell strategy, with half of the exposure in Safe Havens like General Electric, Xylem (XYL), Danaher, Honeywell International, Roper Technologies (ROP), and AMETEK (AME), and the other half selectively in the cyclical names that are better positioned today, such as Pentair, HD Supply Holdings (HDS),Actuant (ATU), Atkore International Group (ATKR), Ingersoll-Rand, and Eaton (ETN). We still believe risk-reward is mostly balanced and that the macro will remain choppy into 2017, supporting a positioning in the defensive names. But if investor sentiment improves on not-worse news and earnings results, the more cyclical names could fare better.
Top 10 Heal Care Stocks To Own Right Now: Express Scripts Holding Company(ESRX)
Advisors’ Opinion:
- [By Lisa Levin]
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Analysts are expecting Discovery Communications Inc. (NASDAQ: DISCA) to have earned $0.47 per share on revenue of $1.69 billion in the latest quarter. Discovery Communications shares rose 0.17 percent to $29.08 in after-hours trading.
Analysts expect T-Mobile US Inc (NASDAQ: TMUS) to report - [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Express Scripts Holding Co. (NASDAQ: ESRX) which traded down 11% at $59.98. The stocks 52-week range is $57.80 to $80.02. Volume was 35.4 million versus the daily average of 4.4 million shares.
- [By ]
Express Scripts Holding (Nasdaq: ESRX) has already stated publicly that it would be open to an acquisition. The company is the largest PBM in the United States, with more than 1.4 billion adjusted claims processed annually as well as a strong home delivery pharmaceuticals service.
Top 10 Heal Care Stocks To Own Right Now: Scripps Networks Interactive Inc(SNI)
Advisors’ Opinion:
- [By Ben Levisohn]
Scripps Networks Interactive (SNI) sunk to the bottom of the S&P 500–narrowly beating out Apartment Investment and Management (AIV)–as the parent company of the Food Network and other channels gave back a chunk of its post-elections gains.
Getty Images
Shares of Scripps Networks Interactive dropped 4.2% to $70.63 today, while the S&P 500 rose 0.8% to 2,180.39. Scripps had gained 13% from Nov. 8 through Nov. 14.
Scripps reported net income of $607 million on sales of $3 billion in 2015.
Barron’s David Englander recommended Scipps Networks’ former parent E.W. Scripps (SSP) back in August.
- [By Lisa Levin]
Discovery Communications Inc. (NASDAQ: DISCA) announced plans to acquire Scripps Networks Interactive, Inc. (NYSE: SNI) for $14.6 billion.
Discovery will pay $90 per share in cash and stock to buy Scripps. The transaction is projected to close by early 2018.
Top 10 Heal Care Stocks To Own Right Now: Kamada Ltd.(KMDA)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Kamada Ltd (NASDAQ: KMDA) were down 21 percent to $5.93 after the company reported the withdrawal of European Marketing Authorization Application for inhaled Alpha-1 Antitrypsin.
- [By Lisa Levin] Companies Reporting Before The Bell
Tyson Foods, Inc. (NYSE: TSN) is expected to report quarterly earnings at $1.38 per share on revenue of $9.86 billion.
Aecom (NYSE: ACM) is projected to report quarterly earnings at $0.71 per share on revenue of $4.67 billion.
JD.Com Inc(ADR) (NASDAQ: JD) is estimated to report quarterly earnings at $0.11 per share on revenue of $12.60 billion.
58.com Inc (ADR) (NYSE: WUBA) is projected to report quarterly earnings at $0.28 per share on revenue of $383.60 million.
Kamada Ltd (NASDAQ: KMDA) is expected to report quarterly earnings at $0.02 per share on revenue of $25.00 million.
Palatin Technologies, Inc. (NYSE: PTN) is projected to report quarterly earnings at $0.06 per share on revenue of $28.00 million.
TheStreet, Inc. (NASDAQ: TST) is estimated to report a quarterly loss at $0.02 per share on revenue of $15.81 million.
Atlantica Yield PLC (NASDAQ: ABY) is projected to report quarterly earnings at $0.45 per share on revenue of $290.80 million.
Asure Software Inc (NASDAQ: ASUR) is estimated to report quarterly earnings at $0.15 per share on revenue of $15.26 million.
Cyren Ltd (NASDAQ: CYRN) is expected to report quarterly loss at $0.06 per share on revenue of $7.90 million.
Viewray Inc (NASDAQ: VRAY) is estimated to report quarterly loss at $0.12 per share on revenue of $18.58 million.
Top 10 Heal Care Stocks To Own Right Now: Gladstone Land Corporation(LAND)
Advisors’ Opinion:
- [By Cameron Swinehart]
Gladstone Land Corp (LAND) –
A U.S. based farmland investment company that currently offers a plus 9% annual distribution. It owns and leases farmland in Florida, California, Michigan and Oregon with appraised land value of $79 million. The distribution is paid monthly which should attract income investors.
