Top 10 Medical Stocks To Invest In 2019

The past two-plus decades have yielded some incredible change in the cannabis landscape. Back in 1995, not a single U.S. state allowed marijuana to be used for medicinal or recreational purposes. Fast-forward to today, 29 states have passed broad-based medical cannabis laws. Furthermore, nine also allow adults to consume marijuana. In this span, favorability toward legalizing weed has grown from 25% in 1995 to 64% as of October 2017, according to Gallup. 

And it’s not just the U.S. that’s seen an about-face in perception toward cannabis. More than two dozen countries around the world have legalized medical cannabis for select ailments, including Mexico in June 2017. But there’s arguably no legalization that stands out as more profound than Canada’s Parliament giving the green light to Bill C-45, which is better known as the Cannabis Act.

Image source: Getty Images.

Top 10 Medical Stocks To Invest In 2019: Conn's, Inc.(CONN)

Advisors’ Opinion:

  • [By Chris Lange]

    Conn’s Inc. (NASDAQ: CONN) will share its latest quarterly results early Tuesday. The consensus estimates call for a $0.41 in earnings per share (EPS) and $384.09 million in revenue. Shares ended last week’s trading at $41.00, in a 52-week range of $17.15 to $41.35. The consensus analyst target is $42.42.

  • [By Ethan Ryder]

    Brokerages expect Conn’s Inc (NASDAQ:CONN) to post sales of $376.86 million for the current quarter, according to Zacks. Three analysts have issued estimates for Conn’s’ earnings, with the highest sales estimate coming in at $384.13 million and the lowest estimate coming in at $369.84 million. Conn’s reported sales of $366.65 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.8%. The firm is scheduled to announce its next quarterly earnings report on Thursday, September 6th.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Conn’s (CONN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Daniel Miller]

    Shares of home furnishings specialist Conn’s Inc. (NASDAQ:CONN) are falling today, down 13.7% as of 3:19 p.m. EDT, after investors digested second-quarter results that had initially sent the stock 7% higher during pre-market trading.

  • [By Garrett Baldwin]

    Money Morning Special Situation Strategist Tim Melvin provides his latest list of stocks that will help you get rich… and stay rich. Check them out right here.

    Three Stocks to Watch Today: WDAY, AMZN, NKE
    Workday Inc. (Nasdaq: WDAY) leads a busy day of earnings reports Tuesday. The firm will present its quarterly report after the bell. Wall Street expects that the company will report earnings per share of $0.26 on top of $633.1 million in revenue. Amazon.com Inc. (Nasdaq: AMZN) will be generating a lot of buzz today. The e-commerce giant apparently has its eyes on the $88 billion online advertising industry. The firm plans to take direct aim at rivals Alphabet Inc. (Nasdaq: GOOGL) and Facebook Inc. (Nasdaq: FB). Amazon is very close to becoming the second company to surpass the $1 trillion threshold for market capitalization. Nike Inc. (NYSE: NKE) is making headlines the week before the NFL’s opening week starts. The sports apparel giant announced that former San Francisco quarterback Colin Kaepernick will be one of the faces of its 30th anniversary commemorations for its “Just Do It” campaign. Kaepernick has been one of the NFL’s most polarizing figures after he began kneeling during the national anthem to protest police abuse against African Americans and other social injustices. Look for earnings reports from Restoration Hardware Holdings Inc. (NYSE: RH), Casey’s General Stores Inc. (Nasdaq: CASY), Conns Inc. (Nasdaq: CONN), Caleres Inc. (NYSE: CAL), HealthEquity Inc. (NYSE: HQY), and Coupa Software Inc. (Nasdaq: COUP).

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Top 10 Medical Stocks To Invest In 2019: Ocean Power Technologies Inc.(OPTT)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Shares of Ocean Power Technologies Inc (NASDAQ:OPTT) traded down 5.3% during mid-day trading on Friday . The company traded as low as $0.30 and last traded at $0.30. 818,065 shares traded hands during trading, an increase of 192% from the average session volume of 280,461 shares. The stock had previously closed at $0.32.

  • [By Logan Wallace]

    Media stories about Ocean Power Technologies (NASDAQ:OPTT) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ocean Power Technologies earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 43.6315011267629 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

  • [By Logan Wallace]

    Ocean Power Technologies (NASDAQ:OPTT) last issued its quarterly earnings results on Monday, December 10th. The energy company reported ($0.21) EPS for the quarter. The business had revenue of $0.14 million for the quarter.

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    About Ocean Power Technologies (NASDAQ:OPTT)

Top 10 Medical Stocks To Invest In 2019: ClearOne Communications Inc.(CLRO)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Akoustis Technologies (NASDAQ: CLRO) and Clearone (NASDAQ:CLRO) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, earnings and profitability.

  • [By Ethan Ryder]

    Fabrinet (NASDAQ: CLRO) and Clearone (NASDAQ:CLRO) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, dividends, profitability, risk, earnings, analyst recommendations and institutional ownership.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Clearone (CLRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Medical Stocks To Invest In 2019: Pacific Gas & Electric Co.(PCG)

Advisors’ Opinion:

  • [By Tyler Crowe, Matthew Frankel, CFP, and Neha Chamaria]

    So we asked three Motley Fool contributors to each highlight a stock that has caught the eye of billionaire hedge funds, why they are buying, and why you might want to consider doing the same. Here’s why they picked United Technologies (NYSE:UTX), PG&E (NYSE:PCG), and Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B).

  • [By Sean Williams]

    Possibly the biggest shocker of all is that David Tepper’s Appaloosa, which has a little over three dozen securities in its portfolio, was an active buyer of Northern and Central California electric and gas utility PG&E (NYSE:PCG) during the fourth quarter. Appaloosa increased its stake in the company by 62% (2.48 million shares), making it the portfolio’s fourth-largest holding.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was PG&E Corp. (NYSE: PCG) which rose about 6% to $45.08. The stock’s 52-week range is $37.30 to $71.57. Volume was nearly 13 million compared to the daily average volume of 6.8 million.

  • [By VantagePoint]

    PG&E Corporation (NYSE: PCG) has spent most of the last five weeks consolidating into a tight range, but it looks to have finally broken out on April 5. Since then the stock is up about 7 percent, and despite Friday's weakness VantagePoint's indicators are pointing to that bullish trend remaining intact. 

  • [By Chris Lange]

    PG&E Corp. (NYSE: PCG) shares made a handy gain on Tuesday after a key analyst upgraded the stock. Most of this report has to do with California wildfire liabilities from 2017, and there seems to be a clear path ahead. Overall the firm believes the worst is likely over.

Top 10 Medical Stocks To Invest In 2019: Medical Marijuana, Inc. (MJNA)

Advisors’ Opinion:

  • [By Sean Williams]

    If I were to choose two marijuana stocks right off the bat that I’d rather watch from the sidelines and never buy, it’d be medical cannabis company Medical Marijuana Inc. (NASDAQOTH:MJNA) and cannabinoid-based drug developer AXIM Biotechnologies (NASDAQOTH:AXIM). The reason they’re listed together is because Medical Marijuana Inc. owns 22.67 million shares of AXIM, which is about 40% of its outstanding share count. Their futures really are tied together.

  • [By Sean Williams]

    One company aiming to capitalize on this trend in the U.S. is Medical Marijuana Inc. (NASDAQOTH:MJNA), the first publicly traded pot stock in the United States. Medical Marijuana’s RSHO-X brand focuses on cannabidiol-based hemp oils. Cannabidiol is the non-psychoactive component of the cannabis plant known for its perceived medical benefits. Considering that even older Americans have a positive view on medical cannabis, this is the type of company and product that could do well with boomers. Perhaps not surprisingly, Medical Marijuana Inc. recorded its strongest sales month in history in August. 

  • [By George Budwell]

    Medical Marijuana (NASDAQOTH:MJNA) is only a matter of months away from its 10-year anniversary as the first publicly traded cannabis stock. Despite its elder-statesman status, however, Medical Marijuana hasn’t been kind to investors since going public. In fact, the stock is down by nearly 90% since its IPO in March of 2009.

  • [By Keith Speights]

    Marijuana grower

    Canopy Growth Corporation (NYSE:CGC) $5.8 billion
      Aurora Cannabis (NASDAQOTH: ACBFF) $2.9 billion
      Tilray (NASDAQ: TLRY) $2.3 billion
      Aphria (NASDAQOTH: APHQF) $1.9 billion
      MedMen Enterprises (NASDAQOTH: MMNFF) $1.3 billion
      Cronos Group (NASDAQ: CRON) $1 billion
      The Green Organic Dutchman (NASDAQOTH: TGODF) $1 billion
      The Hydropothecary (NASDAQOTH: HYYDF) $728 million
      CannTrust Holdings (NASDAQOTH: CNTTF) $513 million
      Organigram Holdings (NASDAQOTH: OGRMF) $509 million
      Marimed (NASDAQOTH: MRMD) $472 million
      TerrAscend (NASDAQOTH: TRSSF) $398 million
      Auxly Cannabis (NASDAQOTH: CBWTF) $368 million
      iAnthus Capital Holdings (NASDAQOTH: ITHUF) $367 million
      Medical Marijuana (NASDAQOTH: MJNA) $330 million
      CV Sciences (NASDAQOTH: CVSI) $299 million
      Emerald Health Therapeutics (NASDAQOTH: EMHTF) $287 million
      Supreme Cannabis (NASDAQOTH: SPRWF) $277 million
      Smart Cannabis (NASDAQOTH: SCNA) $276 million
      MPX Bioceutical (NASDAQOTH: MPXEF) $234 million
      AusCann Group Holdings (NASDAQOTH: ACNNF) $223 million
      Liberty Health Sciences (NASDAQOTH: LHSIF) $213 million

    Biotech

Top 10 Medical Stocks To Invest In 2019: J.M. Smucker Company (SJM)

Advisors’ Opinion:

  • [By Demitrios Kalogeropoulos]

    The selling environment has been tough in recent years for most packaged foods companies, and J.M. Smucker’s (NYSE:SJM) latest operating results showed it isn’t immune to the wider challenges its segment faces. On Thursday, the owner of Jif, Crisco, and other popular consumer brands posted flat sales to end its fiscal 2018, with profits coming in below management’s targets.

  • [By Asit Sharma]

    J.M. Smucker (NYSE:SJM) closed out the fourth quarter of fiscal year 2018 in rather flat fashion, as a bird’s-eye view of revenue, pulled from the company’s earnings report issued Thursday morning, suggests:

  • [By Joseph Griffin]

    J M Smucker (NYSE:SJM)‘s stock had its “hold” rating reaffirmed by investment analysts at Barclays in a research note issued on Monday.

  • [By Ethan Ryder]

    J M Smucker (NYSE:SJM) had its price target hoisted by Credit Suisse Group from $90.00 to $95.00 in a research note issued to investors on Wednesday morning. Credit Suisse Group currently has an underperform rating on the stock.

  • [By Ethan Ryder]

    J M Smucker (NYSE:SJM) and Farmmi (NASDAQ:FAMI) are both consumer staples companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, earnings, risk, analyst recommendations, dividends and valuation.

  • [By Joseph Griffin]

    CIBC World Markets Inc. grew its position in shares of J M Smucker Co (NYSE:SJM) by 72.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 24,839 shares of the company’s stock after buying an additional 10,452 shares during the period. CIBC World Markets Inc.’s holdings in J M Smucker were worth $2,670,000 as of its most recent SEC filing.

Top 10 Medical Stocks To Invest In 2019: Regis Corporation(RGS)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Shares of Regis Co. (NYSE:RGS) have been given an average rating of “Buy” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $18.00.

  • [By Max Byerly]

    JPMorgan Chase & Co. reduced its position in shares of Regis Co. (NYSE:RGS) by 4.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,065,983 shares of the company’s stock after selling 44,497 shares during the quarter. JPMorgan Chase & Co. owned about 2.31% of Regis worth $16,128,000 as of its most recent SEC filing.

  • [By Dan Caplinger]

    The stock market continued moving up on Tuesday, with the S&P 500 hitting a new high at points during the session before pulling back slightly. Even though the Dow Jones Industrial Average is still well short of its record levels, market participants were pleased to see extremely strong sentiment from investors, especially among stocks of smaller companies. With the current bull market being well into its 10th year, many skeptics have looked for signs of eroding confidence, but those that have appeared recently haven’t had any lasting downward impact on stocks. Good news from several companies helped contribute to the positive mood on Wall Street. Cronos Group (NASDAQ:CRON), Medtronic (NYSE:MDT), and Regis (NYSE:RGS) were among the best performers on the day. Here’s why they did so well.

  • [By Stephan Byrd]

    Regis Co. (NYSE:RGS) reached a new 52-week high and low during trading on Wednesday . The stock traded as low as $17.50 and last traded at $17.50, with a volume of 3726 shares changing hands. The stock had previously closed at $17.43.

Top 10 Medical Stocks To Invest In 2019: Abeona Therapeutics Inc.(ABEO)

Advisors’ Opinion:

  • [By Shane Hupp]

    HC Wainwright set a $30.00 target price on Abeona Therapeutics (NASDAQ:ABEO) in a research report report published on Monday. The firm currently has a buy rating on the biopharmaceutical company’s stock.

  • [By Ethan Ryder]

    Shares of Abeona Therapeutics Inc (NASDAQ:ABEO) have been assigned a consensus rating of “Buy” from the thirteen ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $29.44.

  • [By Shane Hupp]

    Abeona Therapeutics Inc (NASDAQ:ABEO) shares traded up 9.2% during mid-day trading on Friday . The company traded as high as $8.14 and last traded at $8.10. 657,079 shares were traded during mid-day trading, an increase of 65% from the average session volume of 399,426 shares. The stock had previously closed at $7.42.

Top 10 Medical Stocks To Invest In 2019: Johnson Controls Inc.(JCI)

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Johnson Controls Inc  (NYSE:JCI)Q1 2019 Earnings Conference CallFeb. 01, 2019, 9:30 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Max Byerly]

    Cowen reiterated their hold rating on shares of Johnson Controls International (NYSE:JCI) in a research note released on Friday. Cowen currently has a $32.00 price target on the stock.

  • [By Max Byerly]

    Commonwealth Equity Services LLC cut its holdings in Johnson Controls International PLC (NYSE:JCI) by 32.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 91,206 shares of the company’s stock after selling 43,598 shares during the period. Commonwealth Equity Services LLC’s holdings in Johnson Controls International were worth $2,704,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Johnson Controls International (JCI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Medical Stocks To Invest In 2019: Tupperware Brands Corporation(TUP)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Twin Capital Management Inc. boosted its position in shares of Tupperware Brands Co. (NYSE:TUP) by 2.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,930 shares of the company’s stock after acquiring an additional 2,300 shares during the period. Twin Capital Management Inc. owned 0.16% of Tupperware Brands worth $3,338,000 at the end of the most recent quarter.

  • [By Shane Hupp]

    Tupperware Brands (NYSE: TUP) and Armstrong Flooring (NYSE:AFI) are both consumer staples companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, earnings, risk, dividends, valuation, analyst recommendations and profitability.

  • [By Lisa Levin] Gainers
    Daré Bioscience, Inc. (NASDAQ: DARE) shares jumped 56.69 percent to close at $1.27 on Wednesday on news that the company entered into worldwide license agreement for Juniper Pharmaceuticals' intravaginal ring technology platform.
    Vicor Corporation (NASDAQ: VICR) rose 26.84 percent to close at $37.10. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million.
    AGM Group Holdings Inc. (NASDAQ: AGMH) climbed 25.56 percent to close at $10.61.
    Travelzoo (NASDAQ: TZOO) gained 24.7 percent to close at $9.75 following strong Q1 results.
    Intrepid Potash, Inc. (NYSE: IPI) shares climbed 19.24 percent to close at $4.71.
    China Customer Relations Centers, Inc. (NASDAQ: CCRC) rose 18.73 percent to close at $18.64.
    Genprex, Inc. (NASDAQ: GNPX) climbed 18.28 percent to close at $5.89. Genprex expanded its operations to Cambridge, Mass.
    Scorpio Tankers Inc. (NYSE: STNG) rose 13.92 percent to close at $2.70 following Q1 results.
    Rocky Brands, Inc. (NASDAQ: RCKY) shares surged 13.57 percent to close at $23.85 after reporting Q1 results.
    Resonant Inc. (NASDAQ: RESN) shares rose 12.5 percent to close at $4.14 on Wednesday.
    USANA Health Sciences, Inc. (NYSE: USNA) jumped 11.24 percent to close at $106.85 following Q1 results.
    SUPERVALU Inc. (NYSE: SVU) rose 11.16 percent to close at $16.24 after the company reported Q4 results and agreed to sell and leaseback eight distribution centers for an aggregate purchase price of $483 million.
    K12 Inc. (NYSE: LRN) shares gained 10.74 percent to close at $15.36 following Q3 results.
    Tupperware Brands Corporation (NYSE: TUP) rose 9.15 percent to close at $46.28 as the company posted in-line quarterly earnings.
    Six Flags Entertainment Corporation (NYSE: SIX) shares climbed 8.49 percent to close at $64.18 as the company posted a narrower-than-expected loss for its first quarter.
    Carlisle Companies Incorporated (NYSE: CSL) gained 8.2 percent to close at $107.94 af
  • [By Stephan Byrd]

    Armstrong Flooring (NYSE: AFI) and Tupperware Brands (NYSE:TUP) are both construction companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, valuation and profitability.

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