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Top 10 High Tech Stocks To Watch Right Now: AXT Inc(AXTI)
Advisors’ Opinion:
- [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)
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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
Top 10 High Tech Stocks To Watch Right Now: Brady Corporation(BRC)
Advisors’ Opinion:
- [By Mike Deane]
For the 28th year in a row, Brady Corp (BRC) has increased its dividend payout to investors.
The Milwaukee, WI-based company increased its quarterly dividend to 19.5 cents from 19 cents, an increase of 2.6%. The annual dividend now stands at 78 cents. The quarterly dividend will be paid on October 31st, 2013 to all shareholders of record on October 10, 2013.
BRC shares were down 40 cents, or 1.23%, by market close on Wednesday. YTD, the company’s stock is down over 4%.
- [By Michael Flannelly]
Before the opening bell on Thursday, identification solutions provider Brady Corp (BRC) posted a loss in the fourth quarter, despite a rise in revenues, as it was negatively impacted by a number of charges. However, excluding these charges, the company was able to top Wall Street analysts’ earnings and sales estimates. Nonetheless, BRC shares are plummeting in Thursday’s trading.
The Milwaukee, Wisconsin-based company posted a loss from continuing operations of $176.2 million, or $3.41 per share, in the fourth quarter, versus last year’s fourth quarter earnings from continuing operations of $20.9 million, or 40 cents per share. Furthermore, Brady posted a net loss of $177.2 million, or $3.43 per share, compared to net earnings of $11.6 million, or 22 cents per share, in the same period a year ago.
The fourth quarter loss includes non-cash impairment charges of $204.4 million, $15.6 million in restructuring charges, and $4 million in acquisition-related charges. Excluding these charges, Brady Corp said earnings would have been 53 cents per share in the quarter. According to analysts polled by Thomson Reuters, the company was expected to earn an adjusted 51 cents per share in the fourth quarter.
The company’s fourth quarter sales came in at $309.1 million, up 15% from $269.1 million in sales posted last year. On average, analysts were expecting the company to see $307.13 million in revenues for the quarter.
Looking ahead, Brady Corp. sees fiscal 2014 earnings coming in between $1.80 and $2.00 per share, below the analysts’ view of $2.30 per share.
Brady Corp shares were down $1.71, or 5.25%, during early morning trading on Thursday. The stock is up 7.93% year-to-date.
- [By Shauna O’Brien]
Robert Baird announced on Friday that it has cut its rating on Brady Corp (BRC).
The firm has downgraded BRC from “Outperform” to “Neutral,” and has given the company a $33 price target. This price target suggests a 8% upside from the stock’s current price of $30.52.
Analysts see the company’s WPS segment growing faster than expected.
Brady shares were mostly flat during pre-market trading Friday. The stock is down 9% YTD.
Top 10 High Tech Stocks To Watch Right Now: QuickLogic Corporation(QUIK)
Advisors’ Opinion:
- [By Alex McGuire]
These are the 10 best penny stocks that have seen the biggest returns over the last week (March 7 – March 14)…
Penny StockCurrent PriceWeekly Gain (March 7 – March 14)Ocera Therapeutics Inc. (Nasdaq: OCRX)$1.47+147.1%Internap Corp. (Nasdaq: INAP)$3.28+41.4%Soligenix Inc. (Nasdaq: SNGX)$2.94+40%Navios Maritime Partners LP (NYSE: NMM)$2.63+37%QuickLogic Corp. (Nasdaq: QUIK)$2.14+30.5%Adamis Pharmaceuticals Corp. (Nasdaq: ADMP)$4.60+22.7EXCO Resources Inc. (NYSE: XCO)$0.65+20.5%Cyclacel Pharmaceuticals Inc. (Nasdaq: CYCC)$4.38+20.3%Hebron Technology Co. Ltd. (Nasdaq: HEBT)$3.99+19.1%Curis Inc. (Nasdaq: CRIS)$2.85+18.4%
As a reminder, this is only a tracking metric of penny stocks trading on SEC-regulated exchanges like the Nasdaq and NYSE. Although these top penny stocks are safer than those trading on the pink sheets, we don’t recommend buying any of them without the proper amount of financial research.
- [By Lisa Levin]
QuickLogic Corporation (NASDAQ: QUIK) was down, falling around 10 percent to $2.10. QuickLogic reported a $15 million share offering.
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Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and mileston
Top 10 High Tech Stocks To Watch Right Now: Bill Barrett Corporation(BBG)
Advisors’ Opinion:
- [By Zacks]
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Zacks Investment Research
Top 10 High Tech Stocks To Watch Right Now: Foot Locker, Inc.(FL)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
Sporting goods were mixed, as price wars on shoes left only Foot Locker (FL) in the winner’s circle.
Then there was Best Buy (BBY) with a surprisingly strong quarter.
- [By Ben Levisohn]
Management is guiding FY18 SSS up low single digits (each quarter), in-line with consensus, and EPS in the range of $1.12-$1.23, including +6c from a 53rd week, below our pre-release estimate of $1.41 and consensus of $1.46. With footwear, especially basketball, and softgoods under pressure and its banners (mall-based stores and Macy’s (M) in-store shops) ostensibly feeling stepped up competition from peers Foot Locker (FL), Dick’s Sporting Goods (DKS) and brand DTC options, we view guidance as aggressive. Recall that FINL was pricing NKE cheaper than Nike.com intra-quarter (Cowen Footwear Tracker). March SSS improved somewhat from Feb.’s -15.5% but did not regain all of the planned tax refund business. We are lowering our FY18 EPS to $1.13 from $1.41 and FY19 EPS to $1.25 from $1.59.
- [By WWW.THESTREET.COM]
Wall Street ended Friday with slight losses after a string of earnings disappointments from the retail sector with players such as Gap (GPS) , Abercrombie & Fitch (ANF) , and Footlocker (FL) posting results.
- [By Paul Ausick]
Foot Locker Inc. (NYSE: FL) dropped about 7.5% Monday to register a new 52-week low of $31.79 after closing at $34.38 on Friday. The 52-week high is $79.43. Volume was around 20 million, about 5 times the daily average. The company reported poor results Friday morning and investors have not finished administering punishment.
- [By Ben Levisohn]
Retail stocks have been getting hammered, as shoppers go online–and not to the mall–to buy what they need. Still, in naming Foot Locker (FL) their top pick, Canaccord Genuity’sCamilo Lyon and Pallav Saini argue that the biggest risk could be brown shoes. They explain:
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Foot Locker, Inc. (NYSE: FL) which rose about 28% to $40.89. The stocks 52-week range is $28.42 to $79.43. Volume was roughly 30 million compared to its average volume of 4.8 million.
Top 10 High Tech Stocks To Watch Right Now: Ternium S.A.(TX)
Advisors’ Opinion:
- [By Matthew DiLallo]
Shares of Ternium SA (NYSE:TX) jumped on Wednesday: up more than 10% by 2:30 p.m. EST. While the steelmaker reported weaker-than-expected earnings after the closing bell yesterday, it provided optimistic guidance and announced a compelling acquisition.
Top 10 High Tech Stocks To Watch Right Now: Royal Dutch Shell PLC(RDS.A)
Advisors’ Opinion:
- [By Dustin Parrett]
Big Oil stocks are the seven “oil supermajors” that do everything from oil drilling to refining to retail sales. This is a list of the Big Oil companies:
Big Oil CompanyShare PriceYTDMarket CapExxon Mobil Corp. (NYSE: XOM)$83.44-7.58%$353.13BChevron Co. (NYSE: CVX)$113.56-3.5%$217.62BConocoPhillips Co. (NYSE: COP)$48.21-3.78%$61.42BRoyal Dutch Shell Plc. (NYSE ADR: RDS.A)$52.35-3.82%$221.08BBP Plc. (NYSE ADR: BP)$34.12-8.71%$112.69BTotal SA (NYSE: TOT)$50.26-1.35%$124.6BEni SpA (NYSE: E)$31.51-2.3%$58.69B
Despite being huge global oil companies, shares of Big Oil stocks are all in the red this year. Those losses have all happened even as the Dow is smashing record highs and trading up 6.4% year to date.
- [By WWW.THESTREET.COM]
A number of oil and gas companies have backed the accord as well, including Chevron (CVX) , Royal Dutch Shell (RDS.A) and BP (BP) . Exxon (XOM) in March sent a letter to the White House urging it to stay in the Paris agreement, and CEO Darren Woods penned a personal letter to the president addressing the matter, the Financial Times reported last week.
- [By Dustin Parrett]
Specifically, the oil supermajors are ExxonMobil Corp. (NYSE: XOM), BP Plc. (NYSE: BP), Chevron Corp. (NYSE: CVX), Royal Dutch Shell Plc. (NYSE ADR: RDS.A), Conoco Phillips (NYSE: COP), Eni SpA (NYSE ADR: E), and Total SA (NYSE ADR: TOT).
- [By Money Morning News Team]
A $2 trillion valuation makes the company worth more than Chevron Corp. (NYSE:CVX), BP Plc. (NYSE ADR:BP), Exxon Mobil Corp. (NYSE: XOM), and Royal Dutch Shell Plc. (NYSE: RDS.A) – combined.
- [By WWW.THESTREET.COM]
Global oil prices nudged higher Monday even amid reports that Royal Dutch Shell (RDS.A) is re-starting a key Houston refinery that was shuttered by Hurricane Harvey three weeks ago.
Top 10 High Tech Stocks To Watch Right Now: The Middleby Corporation(MIDD)
Advisors’ Opinion:
- [By Monica Gerson]
Middleby Corp (NASDAQ: MIDD) is expected to post its quarterly earnings at $0.84 per share on revenue of $515.56 million.
Jack in the Box Inc. (NASDAQ: JACK) is estimated to post its quarterly earnings at $0.70 per share on revenue of $360.22 million.
Top 10 High Tech Stocks To Watch Right Now: Glu Mobile Inc.(GLUU)
Advisors’ Opinion:
- [By Peter Graham]
The Q4 2016 earnings report for small cap mobile game stock Glu Mobile Inc (NASDAQ: GLUU)is scheduled for after the market closes onWednesday (February 8). In the past, our SmallCap Network Elite Opportunity (SCN EO) portfolio had open positions in other mobile game stocks with our SCN EO newsletter notingin August 2015 before that summers market meltdown:
- [By Lee Jackson]
Glu Mobile Inc. (NASDAQ: GLUU) was started with a Neutral rating and a $2.30 price objective at Mizuho. The Wall Street estimate is$2.56. The 52-week range is $1.73 to $4.00, and the stock closed yesterday at $2.10.
- [By Harsh Chauhan]
Mobile gaming specialist Glu Mobile’s (NASDAQ:GLUU) net loss almost tripled in the first quarter despite a slight jump in revenue from the prior-year period. Its adjusted net loss of $0.15 per share was more than twice than Wall Street’s expectations of a $0.07-per-share loss.
Top 10 High Tech Stocks To Watch Right Now: VALE S.A.(VALE)
Advisors’ Opinion:
- [By Craig Jones]
On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high put options activity in Arconic Inc (NYSE: ARNC) and Vale SA (ADR) (NYSE: VALE).
- [By Ben Levisohn]
Mosaic (MOS) tumbled to the bottom of the S&P 500 today after announcing that it would buy Vale’s (VALE) fertilizer unit.
Getty Images
Mosaicdropped 1.1% to $27.77 today, while the S&P 500 advanced 0.2% to 2,262.53.
