Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression in expectations disproportionately slashes oil drilling activity. Oil exploration budgets for 2017 are down 65% from 2014 and the smallest in 12 years, DESPITE a record estimate for global demand next year. In the long-run, oil & gas development and production may fail to keep pace with the steady growth in total demand. Will the 2015-16 “bust” sow the seeds of the next “boom” phase in pricing?
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Top 10 Low Price Stocks To Own Right Now: Targa Resources, Inc.(TRGP)
- [By Lisa Levin]
In trading on Tuesday, utilities shares fell by 0.37 percent. Meanwhile, top losers in the sector included Targa Resources Corp (NYSE: TRGP), down 3 percent, and FirstEnergy Corp. (NYSE: FE), down 2 percent.
Top 10 Low Price Stocks To Own Right Now: Snap Inc. (SNAP)
- [By Nicholas Rossolillo]
Augmented reality (AR) has been getting a lot of attention of late.Last summer it was the blockbuster Pokemon GO game that put the technology on everyone’s radar. The rage now is apps that enable real-time overlay of images or video onto the real world: Think Snap, Inc.’s (NYSE:SNAP) new Snapchat feature, World Lenses, or its long-loved dog ears filter.
- [By WWW.THESTREET.COM]
Today was a sign of a healthy market, Jim Cramer told his Mad Money viewers Thursday, as the much heralded IPO of Snap (SNAP) went off without a hitch. Cramer said there were a lot of things that could have gone wrong today, but didn’t, and that will only help bring more buyers to the stock market.
- [By Virendra Singh Chauhan]
One of the biggest technology IPOs in a long long time is coming our way. Yes, we are talking about the much-talked about IPO of Snap Inc (NYSE:SNAP) the parent of Snapchat, the Venice, California-basedphoto sharing platform. The news mill has been buzzing as more and more details emerge as we near the IPO date. With the IPO just a day away, the big question to ask is whether or not Snapchat IPO is worth buying into. Can the company justify the huge valuations it is seeking?
- [By Jon C. Ogg]
Snap Inc. (NYSE: SNAP) was started as Neutral with a $20 price target at Mizuho. Its post-IPO range is $19.75 to $29.44, and it was a $17 price at the official IPO allocation.
- [By Vikram Nagarkar]
We’ve all been talking about how Facebook (NASDAQ:FB)has been going after Snap Inc (NYSE:SNAP), replicating its innovative features and in effect stalling user growth on the platform. There’s not much user growth to speak of on Twitter, and arguably, there isn’t too much innovation either in terms of the product. So, when big guys like Amazon go after the niche audience that does love a platform like Twitter, it can be quite unnerving. What’s more, it’s not the big guys alone. There are small players likeMastodon, which is aimed at being an “actually viable alternative to Twitter”. My colleague covered this in a recent post covering Twitter. And apparently, it’s already quite popular. To be honest, we don’t think Twitter will die anytime soon. However, it’s hard to see how Twitter will be anything more than it is today – a compelling hobby for under 5% of the world’s population.
- [By Kumar Abhishek]
Snapchat IPO has grabbed theattention of most investors and traders for some time now, especially after making a stellar debut, gaining more than 44% on the first day of listing. Though the Snap Inc (NYSE:SNAP) stock has lost the crown of the most successful IPO of the year since then to Mulesoft Inc (NYSE:MULE), the stock still continues to attract significant interest from investors and traders alike. Like most stocks whose valuations is based on ‘vision’ and ‘story’, SNAP stock remains a very contentious stock with asharp division within analysts and the investing community.
Top 10 Low Price Stocks To Own Right Now: Immersion Corporation(IMMR)
- [By Jim Robertson]
On Thursday, our Under the Radar Movers newsletter suggested shorting small cap technology stock Immersion Corporation (NASDAQ: IMMR):
We love how well developed the selling of Immersion shares has been. Rather than a sharp, v-shaped reversal — which may or may not follow through — we’ve seen a bowl-shaped transition from an uptrend to a downtrend. This ups the odds of downside follow-through, as there’s been no price “shock” to invite a sudden wave of buying.
Top 10 Low Price Stocks To Own Right Now: Mastercard Incorporated(MA)
- [By John Ballard]
Partnerships play a crucial role in extending PayPal’s reach to new customers and driving higher engagement. The deal with Visa(NYSE:V) opened the door for partnerships with Mastercard(NYSE:MA), Citigroup(NYSE:C), and Fidelity National Information Services (NYSE:FIS). As a result, more deals will come that will increase PayPal’s relevancy and ubiquity in the mobile payment landscape.
- [By Keith Speights]
That’s a pretty good definition of leadership, but it’s not an easy one to accomplish. However, the CEOs of Celgene (NASDAQ:CELG), Cognizant Technology Solutions (NASDAQ:CTSH), General Electric (NYSE:GE), MasterCard (NYSE:MA), and Texas Instruments (NASDAQ:TXN) have been able to achieve this translation very well.
- [By ]
We’ve bagged winners like the 64.3% return from Mastercard (NYSE: MA), 44.3% from Intel (Nasdaq: INTC), 38.9% from Deere (NYSE: DE) and even 101.8% from Skyworks Solutions (Nasdaq: SWKS). So it’s easy to see why this has become one of StreetAuthority’s most popular reports.
- [By WWW.THESTREET.COM]
This one could be the easiest of advances, both because credit losses are down big and because its credit-card brethren — Capital One Financial, Discover, Visa (V) and MasterCard (MA) — have all had significant rallies. I actually regard this stock as inexpensive and think it can be bought here now that it has fully absorbed the loss of the Costco (COST) business to Visa and Citigroup (C) .
Top 10 Low Price Stocks To Own Right Now: Sempra Energy(SRE)
- [By WWW.THESTREET.COM]
The upgrade comes after Berkshire’s deal with Energy Future Holdings Corp to acquire its Oncor Electric Delivery interest was terminated Monday. Sempra Energy (SRE) agreed to buy Oncor for $9.45 billion, besting Berkshire’s $9 billion offer.
- [By Lisa Levin]
Sempra Energy (NYSE: SRE) announced plans to acquire Oncor for $9.45 billion in cash.
Sempra Energy projects the deal to complete in the first half of 2018.
- [By Lisa Levin]
In trading on Friday, utilities shares fell by 0.93 percent. Meanwhile, top losers in the sector included Sempra Energy (NYSE: SRE), down 3 percent, and CenterPoint Energy, Inc. (NYSE: CNP), down 3 percent.
- [By Shanthi Rexaline]
Giving six reasons for Sempra Energy (NYSE: SRE)’s above-peer-average growth, Argus said it is reiterating its Hold rating on the shares of the company, while it is also maintaining its long-term Buy rating.
Top 10 Low Price Stocks To Own Right Now: Reinsurance Group of America, Incorporated(RGA)
- [By Benzinga News Desk]
Morgan Stanley downgraded Chipotle (NYSE: CMG) to Equal-Weight.
UBS downgraded AMC Networks (NASDAQ: AMCX) to Sell.
Citi upgraded Sealed Air (NYSE: SEE) to Buy.
Goldman Sachs upgraded Reinsurance Group (NYSE: RGA) to Buy.
- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
Top 10 Low Price Stocks To Own Right Now: Shake Shack, Inc.(SHAK)
- [By Peter Graham]
A long term performance chart for Sonic Corporation shows shares appearing to hit lower highs and lower lows since the beginning of 2015 while other burger stocks such as Red Robin Gourmet Burgers, Inc (NASDAQ: RRGB),Habit Restaurants Inc (NASDAQ: HABT) andShake Shack Inc (NYSE: SHAK) are showing signs of stabilization:
- [By Dan Caplinger]
Rather than panicking, investors seemed to take the stance as a positive sign that the U.S. economy is ready for at least slightly less accommodative monetary policy going forward. Yet some stocks suffered sharp declines, and Shake Shack (NYSE:SHAK), Fred’s (NASDAQ:FRED), and Seadrill (NYSE:SDRL) 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 Peter Graham]
A long term performance chart shows Sonic Corporation outperforming burger stock peers Red Robin Gourmet Burgers, Inc (NASDAQ: RRGB),Habit Restaurants Inc (NASDAQ: HABT) andShake Shack Inc (NYSE: SHAK):
- [By Chris Lange]
Shake Shack Inc. (NYSE: SHAK) reported fourth quarter financial results after markets closed on Wednesday. The burger joint said that it had $0.09 in earnings per share (EPS) and $73.3 million in revenue. The same period from last year had $0.08 in EPS and $51.06 million in revenue. Thomson Reuters forecast $0.09 in EPS and $70.68 million in revenue.
- [By Peter Graham]
The Q4 2016 earnings report for small cap New York City based burger stock Shake Shack Inc (NYSE: SHAK) is scheduled for after the market closes onWednesday (March 1st). Shake Shack did have a sizzling IPO back in January 2015, but there was also talk ofpeak burger given the Habit Restaurants Inc (NASDAQ: HABT) IPO around the same time and the presence of other burger stocks. Buckinghams John Zolidis recently wrote thatdespite its growth potential, Shake Shacks high valuation means that the stock requires near-flawless execution. The Company alsorecently appointed Zach Koff to serve as its first COO andannounced that Jeff Uttz will retire as CFO in 2017.
- [By Spencer Israel]
The following are some of the stocks discussed on the show for which co-host Joel Elconin offered technical levels.
Bank of America Corp (NYSE: BAC) hit a low last week of $22.43, and has a big psychological level of $22.
Goldman Sachs Group Inc (NYSE: GS) has two minor support levels from early December of $221.22 and $220.35. Under $220 it gets dicey, with support at $214.97 and $209.92.
United States Steel Corporation (NYSE: X) has a key low of $31.33 from February 2. That number serves as support.
Best Buy Co Inc (NYSE: BBY) has a triple top at $45.15. It's currently in a trading range from $43.75-$45.70.
Shake Shack Inc (NYSE: SHAK) has been range bound over the last four days from $31.68 to $32.62. It has major support at the all-time low from March 15 at $30.36.
Warren Lorenz, CEO of TechMeetsTrader, joined the show to discuss his "Facebook for stocks" platform, and how he learned how to trade by watching trading communities. Listen to the full interview with Lorenz here.
Tommy Lackey, managing partner and portfolio manager at Relativity Capital Advisors, told us which stocks are on his nitrous scans and meltdown filters this morning. Those include XOMA Corporation (NASDAQ: XOMA) Whirlpool Corporation (NYSE: WHR) and Bed Bath & Beyond Inc. (NASDAQ: BBBY). Listen to the full interview with Lackey here.
With the market in a slight selloff following Friday's healthcare fallout, the focus today will be which sectors, if any, rebound throughout the day. With steel stocks looking weak and gold minors and utilities looking strong, co-host Dennis Dick said he'll try to jump into those sectors if they stay weak after the open. Hear what other sectors Dick is watching here.
With Snap Inc (NYSE: SNAP)'s 25-day quiet period for analysts over, the Street was treated to bullish ratings by Goldman Sachs, Citigroup, Morgan Stanley and others. It's worth noting, however, most of Monday morning
Top 10 Low Price Stocks To Own Right Now: Stryker Corporation(SYK)
- [By Jayson Derrick]
Stryker Corporation (NYSE: SYK)’s stock fell nearly 5 percent on Aug. 23 as investors were troubled with the company’s recall announcement, Argus’ David Toung noted in a separate research report. But investors may want to consider taking advantage of the selloff as it represents a “favorable investment opportunity.”
Top 10 Low Price Stocks To Own Right Now: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)
- [By WWW.MONEYSHOW.COM]
This "Trump pick" is a snub to the President’s trade and diplomatic reversals of Obama’s wins regarding Cuba. We are buying back Herzfeld Caribbean Basin Fund (CUBA), following in the footsteps of its founder, Tom Herzfeld, and his son Erik.
Top 10 Low Price Stocks To Own Right Now: Exa Corporation(EXA)
- [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 Monica Gerson]
Exa Corp (NASDAQ: EXA) is projected to post a quarterly loss at $0.08 per share on revenue of $16.68 million.
Thermon Group Holdings Inc (NYSE: THR) is estimated to report its quarterly earnings at $0.19 per share on revenue of $65.24 million.