Washington’s increased scrutiny of technology giants could spell trouble for their stocks, if history is any guide.
Technology is the least regulated industry sector, with just 27,000 regulations versus 215,000 for manufacturing and 128,000 for the financial sector, according to Bank of America Merrill Lynch. That light touch could change in the wake of Facebook’s consumer data scandal, likely leading to significant pressure on the best-performing S&P 500 industry sector.
“Tobacco (1992), financial (2010), biotech (2015) industries illustrate how waves of regulation can lead to investment underperformance,” Michael Hartnett, chief investment strategist at BofAML, said in a Sunday report. The statement is his 10th and last in a list of reasons to reduce holdings of technology stocks this year.
Equity bubbles popped by regulation
Top 10 Performing Stocks To Invest In 2018: Pretium Resources, Inc.(PVG)
Advisors’ Opinion:
- [By Dan Caplinger]
Wednesday was a down day for the stock market, with the Dow Jones Industrial Average posting triple-digit losses even as broader benchmarks had much smaller moves. Market participants largely focused their attention on the inflation front, as March consumer price index numbers showed a 0.2% rise in the core rate excluding food and energy. Year-over-year price changes have accelerated, seemingly giving the Federal Reserve more justification to continue raising interest rates. Yet even though many stocks generally react unfavorably to inflation fears, there were some big gainers that had good news. Hilton Worldwide Holdings (NYSE:HLT), Pretium (NYSE:PVG), and Applied Optoelectronics (NASDAQ:AAOI) were among the best performers on the day. Here’s why they did so well.
- [By WWW.MONEYSHOW.COM]
Pretium Resources (PVG) remains on target with its development of what will be a world-class gold mine in British Columbia. The Brucejack property is slated to begin commercial production in mid-2017.
Top 10 Performing Stocks To Invest In 2018: Clean Diesel Technologies Inc.(CDTI)
Advisors’ Opinion:
- [By Monica Gerson]
Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.
Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.
Top 10 Performing Stocks To Invest In 2018: Prestige Brand Holdings Inc.(PBH)
Advisors’ Opinion:
- [By Ben Levisohn]
Castor believes the cash has disappeared into working capital, which has grown from 23% to more than 50% since 2008. Comparable company PrestigeBrand (PBH) uses 11%; Unilever(UL) and Colgate-Palmolive(CL) far less.
Top 10 Performing Stocks To Invest In 2018: Neptune Technologies & Bioresources Inc(NEPT)
Advisors’ Opinion:
- [By Monica Gerson]
Neptune Technologies & Bioressources (NASDAQ: NEPT) is projected to post a quarterly loss at $0.01 per share on revenue of $9.70 million.
Apigee Corp (NASDAQ: APIC) is expected to post a quarterly loss at $0.27 per share on revenue of $23.17 million.
- [By William Romov]
…or take a chance at 207% returns in just 49 days with penny stocks like Neptune Technologies & Bioressources Inc. (Nasdaq: NEPT)…
…by the end of this step-by-step guide, you’ll know exactly how to do either on Ally’s discount online brokerage platform.
- [By Jim Robertson]
Yesterday, our Under the Radar Movers newsletter suggested small cap functional ingredient stock Neptune Technologies & Bioressources (NASDAQ: NEPT) as a long/bullish trade:
- [By William Romov]
…or take a chance at 207% returns in just 49 days with penny stocks like Neptune Technologies & Bioressources Inc. (Nasdaq: NEPT)…
…these online discount brokers will allow you to do both.
Top 10 Performing Stocks To Invest In 2018: Nabors Industries Ltd.(NBR)
Advisors’ Opinion:
- [By Wayne Duggan]
While Loop maintains a Buy rating on all of the stocks mentioned above, Guggenheim analyst Michael LaMotte isn’t quite so bullish on the sector. Earlier this week, LaMotte downgraded the following oil services stocks from Buy to Neutral:
Baker Hughes Incorporated (NYSE: BHI)
Fairmount Santrol Holdings Inc (NYSE: FMSA)
Helmerich & Payne, Inc. (NYSE: HP)
Nabors Industries Ltd. (NYSE: NBR)
Schlumberger Limited. (NYSE: SLB)
Halliburton
Superior Energy Services
Guggenheim also cut its 2017 oil price forecast from $55 to $48/bbl.
- [By Ben Levisohn]
Last night, Weatherford International (WFT) reported a smaller than expected loss and announcing an alliance with Nabors Industries (NBR)–and the news was celebrated by the market.
- [By Craig Jones]
Pete Najarian was watching Nabors Industries Ltd. (NYSE: NBR). He said that the stock has been trading in a range between $8 and $18 over the last 52 weeks and although it spiked 2.82 percent on Wednesday, it's still close to the lower end of the range. Anticipating a move higher, traders were buying the June 11 calls for $0.30. Around 6,000 contracts were bought in the first half of the session. The trade breaks even at $11.30 or 10.78 percent above the current market price. Pete Najarian decided to buy the calls and he is going to hold them for 4-5 weeks.
- [By Craig Jones]
On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about Nabors Industries Ltd. (NYSE: NBR). He said that somebody bought 6,500 contracts of the July 11 calls for $0.50 in the first half of the session. The trade breaks even at $11.50 or 16.28 percent above the current market price. Jon Najarian has a long position in the name and he is planning to hold it for a month.
- [By Jon C. Ogg]
Nabors Industries Ltd. (NYSE: NBR) rose by 22.3% to $16.11 on Wednesday. Its volume of 17.4 million shares was about 2.5 times normal trading volume. Nabors has a consensus analyst price target of $15.04 and a 52-week trading range of $4.93 to $16.50. The company has a total market cap of $4.6 billion.
Top 10 Performing Stocks To Invest In 2018: Wins Finance Holdings Inc.(WINS)
Advisors’ Opinion:
- [By Lisa Levin]
Friday afternoon, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Wins Finance Holdings Inc (NASDAQ: WINS) and Old Second Bancorp Inc. (NASDAQ: OSBC).
- [By Lisa Levin]
On Friday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Wins Finance Holdings Inc (NASDAQ: WINS) and Navient Corp (NASDAQ: NAVI).
Top 10 Performing Stocks To Invest In 2018: NeuroMetrix Inc.(NURO)
Advisors’ Opinion:
- [By WWW.MONEYSHOW.COM]
NeuroMetrix (NURO) makes and markets wearable neuro-stimulation therapeutic devices. Cash per share is $1.37, with the stock selling more than 20% below that.
Top 10 Performing Stocks To Invest In 2018: LaSalle Hotel Properties(LHO)
Advisors’ Opinion:
- [By Paul Ausick]
LaSalle Hotel Properties (NYSE: LHO) fell about 14% Wednesday to post a new 52-week low of $24.00 after closing at $28.25 on Tuesday. The 52-week high is $31.75. Volume of about 12.2 million was more than 10 times the daily average. The company’s results were hit hard by Hurricane Irma.
- [By Marshall Hargrave]
The other key benefit for Strategic is that it enjoys industry-leading earnings before interest, taxes, depreciation and amortization (EBITDA) per available room. For 2012, Strategic generated $81 per room of EBITDA. Compare this to top comps LaSalle Hotel (NYSE: LHO) at $74 per room and Pebblebrook Hotel Trust (NYSE: PEB) at $71. The reason for this is that Strategic is much less reliant than its peers on rooms, with much greater exposure to food and beverages. Strategic earns 53% of its revenue from rooms, while its peers get around 66% of revenues from rooms.
Top 10 Performing Stocks To Invest In 2018: Piedmont Office Realty Trust, Inc.(PDM)
Advisors’ Opinion:
- [By Paul Ausick]
Piedmont Office Realty Trust Inc. (NYSE: PDM) dropped about 3.5% Tuesday to post a new 52-week low of $17.35. Shares closed at $17.98 on Monday and the stock’s 52-week high is $22.74. Volume was about 60% above the daily average of around 1.3 million shares. The company had no specific news.
Top 10 Performing Stocks To Invest In 2018: AxoGen, Inc.(AXGN)
Advisors’ Opinion:
- [By Lisa Levin]
AxoGen, Inc. (NASDAQ: AXGN) was down, falling around 10 percent to $22.42. AxoGen reported a proposed public offering of common stock.
Commodities
