You dont have to call it a Trump rally.
But some market specialists appear to be struggling to pin a name to the recent moves across global markets, which has pushed the S&P 500 index
Dow Jones Industrial Average
and Nasdaq Composite Index
into record territory since President-elect Donald Trumps Nov. 8 victory over rival Hillary Clinton.
Top 10 High Tech Stocks To Invest In 2018: Matador Resources Company(MTDR)
- [By Ben Levisohn]
Our peer group is up an average of 46% over the past 4 weeks in response to a 30% rebound in the 12-month strip NYMEX oil price. Some of the largest gainers include Hold and Sell rated stocks that we would not chase such asDenbury Resources (Sell, +138%), Halcon Resources (HK) (Sell, +147%), Jones Energy (JONE) (Hold, +166%), Rex Energy (REXX) (Sell, +60%), Sanchez Energy (SN) (Hold, +93%), Ultra Petroleum (UPL) (Sell, +61%), andWhiting Petroleum (Hold, +103%), which have outperformed the E&P Index (+32%) over the same time period. Balance sheets and/or well level returns remain challenged for these companies despite improved oil prices. While we believe oil markets should re-balance over the next 12 to 15 months, the recent recovery to $40 could reverse during 2Q16 as bloated inventories continue to rise, new volumes from Iran pressure an oversupplied market, and a highly anticipated decline in non-OPEC supply (especially in the U.S.), is not as steep as expected. The risk of an oil price retracement, which would significantly pressure the recent out-performers, outweighs the upside in these stocks, in our view. However, we are raising our target prices on Buy ratedAnadarko Petroleum ($54 from $48), Concho Resources (CXO) ($120 from $109), Matador Resources (MTDR) ($22 from $21),Noble Energy (NBL) ($40 from $34), SM Energy (SM) ($22 from $15), Rice Energy ($14 from $12), Pioneer Natural Resources (PXD) ($155 from $135),Continental Resources ($32 from $28), and Parsley Energy (PE) ($24 from $23). We believe our Buy-rated stocks are better positioned to weather challenging oil markets.
- [By Ezra Schwarzbaum]
But despite positioning that would thrash other similar companies, Resolute fought through thanks to significant and efficient productivity in its Delaware Basin assets. Wangler believes the strengthening of previous concern areas will make the company a solid investment.
Matador Resources Co (NYSE: MTDR), $32 Price Target
Matador has grown its reserves throughout the commodity cycle, as well as its production and cash flow. Haas also likes the company’s history of identifying and acquiring acreage early and cheaply. Much of the analyst’s positive outlook is derived from Matador’s successful monetization of midstream assets and pattern of reinvestment.
Top 10 High Tech Stocks To Invest In 2018: comScore Inc.(SCOR)
- [By Paul Ausick]
comScore Inc. (NASDAQ: SCOR) dropped more than 10% on Tuesday to record a new 52-week low of $20.81. The stock closed at $23.22 on Monday. Volume was about 9 times the daily average of around 470,000 shares. The company’s stock will be de-listed from Nasdaq effective February 8 unless the company receives a stay from the exchange.
Top 10 High Tech Stocks To Invest In 2018: Monsanto Company(MON)
- [By Maxx Chatsko]
BeforeBayer(NASDAQOTH: BAYRY)arrived onto the scene, I viewedMonsanto(NYSE: MON)as an intriguing growth stock. It has a rich history of delivering value to shareholders and continues to hold a dominant technological edge over key competitors in crop protection products, seeds, and traits. While little has changed its promising pipeline and portfolio, the pending acquisition throws a wrench in anyone’s plans to start or add to a position. Uncertainty stemming from the merger provides several terrible reasons to buy Monsanto at this time.
- [By Chris Lange]
Monsanto Co.’s (NYSE: MON) latest quarterly earnings report is expected on Wednesday. The consensus analyst estimates are $1.77 in earnings per share (EPS) and $4.17 billion in revenue. Shares closed trading most recently at $117.02, in a 52-week range of $97.35 to $118.15. The consensus price target is $122.66.
- [By Shanthi Rexaline]
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
Monsanto Company (NYSE: MON): +68.82 percent since 2011. Syngenta AG (ADR) (NYSE: SYT): +56.26 percent since 2011. Mosaic Co (NYSE: MOS): -63.1 percent since 2011. Potash Corporation of Saskatchewan (USA) (NYSE: POT): -67.8 percent since 2011. CF Industries Holdings, Inc. (NYSE: CF): +5.04 percent since 2011. Agrium Inc. (USA) (NYSE: AGU): +1.10 percent since 2011.
Top 10 High Tech Stocks To Invest In 2018: Rada Electronics Industries Limited(RADA)
- [By Lisa Levin]
In trading on Tuesday, technology shares fell 0.12 percent. Meanwhile, top losers in the sector included Himax Technologies, Inc. (ADR) (NASDAQ: HIMX), down 6 percent, and RADA Electronic Ind. Ltd. (NASDAQ: RADA) down 5 percent.
Top 10 High Tech Stocks To Invest In 2018: Delta Technology Holdings Limited(DELT)
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested going long on small capChinese chemical stock Delta Technology Holdings Ltd(NASDAQ: DELT):
Top 10 High Tech Stocks To Invest In 2018: CareTrust REIT, Inc.(CTRE)
- [By Monica Gerson]
Caretrust REIT Inc (NASDAQ: CTRE) is estimated to post its quarterly earnings at $0.26 per share on revenue of $22.21 million.
China Lodging Group, Ltd (ADR) (NASDAQ: HTHT) is projected to post its quarterly earnings at $0.41 per share on revenue of $1.39 billion.
Top 10 High Tech Stocks To Invest In 2018: Pilot Gold Inc (PLGTF)
- [By SEEKINGALPHA.COM]
Wesdome Gold (OTC:WDOFF) is confirming the potential of its Kiena Deeps discovery with the latest batch of drill results from this venue. Itinerant Musings subscribers who joined us in this trade will be pleased. Treasury Metals (OTC:TSRMF) needs to find more underground ore to justify a construction decision of its Goliath gold project, and it’s doing just that as reported in the latest news release and explained in this article. NuLegacy Gold (OTCQX:NULGF) finally announced results from the twin hole of the Avocado discovery. A detailed discussion will be forthcoming for Itinerant Musings subscribers shortly. Pilot Gold (OTCPK:PLGTF) is making progress at its Goldstrike project in Utah. The latest set of results confirmed the Peg Leg and Covington targets as valid targets for further drilling. Arizona Mining (OTC:WLDVF) is countering controversy by releasing more drill results, and reporting the discovery of Taylor Deeps. The roller coaster continues.
Top 10 High Tech Stocks To Invest In 2018: PriceSmart, Inc.(PSMT)
- [By Monica Gerson]
Wall Street expects PriceSmart, Inc. (NASDAQ: PSMT) to post its quarterly earnings at $0.88 per share on revenue of $775.12 million. PriceSmart shares rose 0.01 percent to $82.84 in after-hours trading.
- [By Demitrios Kalogeropoulos]
As for individual stocks, PriceSmart (NASDAQ:PSMT) and Ryerson (NYSE:RYI)attracted heavy investor interest in the wake of their quarterly earnings reports.
- [By Monica Gerson]
PriceSmart, Inc. (NASDAQ: PSMT) is projected to post its quarterly earnings at $0.88 per share on revenue of $775.12 million.
Ruby Tuesday, Inc. (NYSE: RT) is expected to post its quarterly earnings at $0.05 per share on revenue of $284.14 million.
- [By Peter Graham]
A long term performance chart shows Costco Wholesale Corporation outperforming Wal-Mart Stores, Inc (NYSE: WMT) which owns direct competitor Sams Club and small cap Latin America and the Caribbean membership shopping warehouse club PriceSmart, Inc (NASDAQ: PSMT):
Top 10 High Tech Stocks To Invest In 2018: StarTek, Inc.(SRT)
- [By Jim Robertson]
Just before Thanksgiving, our Under the Radar Moversnewsletter suggested shortingsmall cap business process outsourcing (BPO) stock StarTek, Inc (NYSE: SRT):
Top 10 High Tech Stocks To Invest In 2018: Lucas Energy, Inc.(LEI)
- [By Garrett Baldwin]
The Interior Department is in charge of managing regulations around oil and gas drilling around the nation. Currently, the favorite appears to be Forrest Lucas, the 74-year-old founder of Lucas Energy Inc. (NYSEMKT: LEI). A career energy executive, Lucas recently told Investors Business Daily that he would be interested in the job because “it’s a very important position and you need to have someone in there who knows what they’re doing.” However, Lucas has never actually met Trump in person.