A few months ago, after AV Homes (AVHI) shares were down aggressively after its earnings call, we recommended investors buy the stock with a stop-loss at $14/share. We stated the following:
We think that $15.10/share is an important level for AVHI stock. That is where the strong uptrend lies, where we had a huge bullish volume, and where the exponential moving average for 200 periods is.
We recommend that investors enter into a long position, with a stop loss of $14. We believe that the investment is attractive from a risk/reward perspective.
Today, after a 24% increase in AVHI — outperforming the 3.3% return of the S&P 500 (SPY) and the 15.5% return of the iShares U.S. Home Construction ETF (ITB) — we are raising our price target from the $20/share stated in this article to $24/share. Here’s what we said in that article:
Thomson Reuters gave a price target of $18/share for AV Homes. Our PT is $20/share, 17% upside from current levels, due to undervaluation on book value basis, higher growth through acquisitions, and its focus on baby boomers which make it less dependent on the overall economic activity than other homebuilders.
Top 10 Performing Stocks To Own For 2019: BlackRock Multi-Sector Income Trust(BIT)
Advisors’ Opinion:
- [By Shane Hupp]
First Bitcoin (CURRENCY:BIT) traded up 12.4% against the US dollar during the one day period ending at 7:00 AM E.T. on July 1st. One First Bitcoin coin can now be bought for approximately $0.0113 or 0.00000177 BTC on major exchanges. Over the last week, First Bitcoin has traded 4% lower against the US dollar. First Bitcoin has a market capitalization of $0.00 and approximately $13.00 worth of First Bitcoin was traded on exchanges in the last day.
Top 10 Performing Stocks To Own For 2019: China Pharma Holdings Inc.(CPHI)
Advisors’ Opinion:
- [By Logan Wallace]
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Get Scynexis alerts:
Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)
Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.
Top 10 Performing Stocks To Own For 2019: Lee Enterprises, Incorporated(LEE)
Advisors’ Opinion:
- [By Elizabeth Balboa]
Lee Enterprises, Incorporated (NYSE: LEE), tronc Inc (NASDAQ: TRNC) and A&E Networks — a subsidiary of Walt Disney Co (NYSE: DIS) — were found to have forgone the costly risk of violating GDPR and pulled out of the European market altogether.
- [By Paul Ausick]
Berkshire Hathaway Inc. (NYSE: BRK-A) owns more than 100 newspapers and digital media properties, including Warren Buffett’s hometown paper, the Omaha World-Herald, which the company purchased in 2011. Newspaper owner Lee Enterprises Inc. (NYSE: LEE) announced Tuesday morning that it will manage Berkshire newspaper and digital properties in 30 markets, including Omaha, beginning July 2.
Top 10 Performing Stocks To Own For 2019: Tyco International Ltd.(Switzerland)
Advisors’ Opinion:
- [By ]
In addition to South Korea’s small ETF, there are a few funds traded in Europe that track Mexican assets. Here are the ones to watch:
Xtrackers MSCI Mexico UCITS ETF (Germany)iShares MSCI Mexico Capped UCITS ETF USD (Switzerland)HSBC MSCI Mexico Capped UCITS ETF (U.K.)Kim Kindex MSCI Mexico ETF (South Korea)Stocks
Some of the larger companies based in Mexico are dual listed in Europe. While trading in these securities is limited, there may be some movement in the European morning hours. Here are a few to watch:
Top 10 Performing Stocks To Own For 2019: Tarena International, Inc.(TEDU)
Advisors’ Opinion:
- [By Steve Symington]
Shares of Tarena International Inc. (ADR) (NASDAQ:TEDU) plummeted 22.1% on Tuesday after the China-based professional education services provider announced disappointing first-quarter 2018 results.
- [By Logan Wallace]
Tarena International (NASDAQ: TEDU) and Aspen Group (NASDAQ:ASPU) are both small-cap business services companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, valuation and institutional ownership.
- [By Joseph Griffin]
Credit Suisse Group cut shares of Tarena International (NASDAQ:TEDU) from an outperform rating to a neutral rating in a report published on Thursday morning, Marketbeat reports.
- [By Dan Caplinger]
Tuesday was a calm day on Wall Street, with several major benchmarks posting modest gains while others stayed closer to the unchanged mark. Market participants generally seemed ready to take a pause in trends over the past several days, as crude oil prices bounced back from their recent drop to climb above $65 per barrel while interest rates eased slightly lower. Yet despite a resilient market that largely avoided most downward pressure, some individual stocks weren’t as lucky. Carnival (NYSE:CCL) (NYSE:CUK), Tarena International (NASDAQ:TEDU), and Genesco (NYSE:GCO) were among the worst performers on the day. Here’s why they did so poorly.
- [By Stephan Byrd]
RYB Education (NYSE: RYB) and Tarena International (NASDAQ:TEDU) are both small-cap consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, profitability, risk, analyst recommendations, valuation and dividends.
Top 10 Performing Stocks To Own For 2019: China Digital TV Holding Co., Ltd.(STV)
Advisors’ Opinion:
- [By Stephan Byrd]
Sativacoin (CURRENCY:STV) traded 2.1% higher against the US dollar during the 1-day period ending at 22:00 PM E.T. on May 9th. Over the last week, Sativacoin has traded up 0.1% against the US dollar. One Sativacoin coin can now be purchased for $0.0318 or 0.00000341 BTC on popular exchanges including Cryptopia and YoBit. Sativacoin has a market capitalization of $225,415.00 and $19.00 worth of Sativacoin was traded on exchanges in the last 24 hours.
Top 10 Performing Stocks To Own For 2019: NEW GOLD INC.(NGD)
Advisors’ Opinion:
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday.
SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results.
Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance.
New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results.
Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash.
China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday.
Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results.
eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results.
Southw - [By Lisa Levin] Gainers
ARMO BioSciences, Inc. (NASDAQ: ARMO) shares rose 67.5 percent to $49.96 in pre-market trading after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share.
Turtle Beach Corporation (NASDAQ: HEAR) rose 62.8 percent to $11.30 in pre-market trading after the company reported Q1 results and raised its FY18 outlook.
vTv Therapeutics Inc. (NASDAQ: VTVT) rose 23.4 percent to $2.11 in pre-market trading following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June.
Resonant Inc. (NASDAQ: RESN) rose 19.1 percent to $5.00 in pre-market trading after reporting Q1 results.
RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 17.7 percent to $2.39 in pre-market trading following Q1 results.
Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 15.2 percent to $2.20 in pre-market trading after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million.
Everspin Technologies, Inc. (NASDAQ: MRAM) rose 14.6 percent to $8.50 in pre-market trading after the company reported strong results for its first quarter.
Carvana Co. (NYSE: CVNA) shares rose 11 percent to $27.50 in pre-market trading after reporting upbeat Q1 sales.
Sunrun Inc. (NASDAQ: RUN) rose 8.9 percent to $10.70 in pre-market trading following upbeat quarterly earnings.
MediciNova, Inc. (NASDAQ: MNOV) rose 8.1 percent to $11.35 in pre-market trading after the company announced opening of Investigational New Drug Application for MN-166 (ibudilast) in glioblastoma.
New Gold Inc. (NYSE: NGD) shares rose 7.7 percent to $2.65 in pre-market trading after the company reported that its President and CEO Hannes Portmann left the company. The company named Raymond Threlkeld as successor.
Otter Tail Corporation (NASDAQ: OTTR) shares rose 7.4 percent to $46.60 in the pre-market trading session.
Himax Technologies, Inc. (NASDAQ: HIMX) shares rose - [By Paul Ausick]
New Gold Inc. (NYSEAMERICAN: NGD) dropped about 1.9% Tuesday to post a new 52-week low of $2.09. Shares closed at $2.13 on Monday and the stock’s 52-week high is $4.25. The junior gold miner had no specific news.
Top 10 Performing Stocks To Own For 2019: Covenant Transportation Group, Inc.(CVTI)
Advisors’ Opinion:
- [By Shane Hupp]
Get a free copy of the Zacks research report on Covenant Transportation Group (CVTI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Covenant Transportation Group, Inc. (NASDAQ:CVTI) shares hit a new 52-week high and low on Wednesday . The company traded as low as $35.19 and last traded at $34.25, with a volume of 9263 shares trading hands. The stock had previously closed at $33.86.
- [By Shane Hupp]
ValuEngine upgraded shares of Covenant Transport (NASDAQ:CVTI) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday morning.
- [By Shane Hupp]
Old Dominion Freight Line (NASDAQ: ODFL) and Covenant Transport (NASDAQ:CVTI) are both transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and institutional ownership.
Top 10 Performing Stocks To Own For 2019: CompX International Inc.(CIX)
Advisors’ Opinion:
- [By Ethan Ryder]
CI Financial Corp (TSE:CIX)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$23.92 and last traded at C$23.92, with a volume of 138823 shares traded. The stock had previously closed at C$24.14.
- [By Shane Hupp]
CI Financial (TSE:CIX) will issue its quarterly earnings data before the market opens on Thursday, May 10th. Analysts expect the company to announce earnings of C$0.63 per share for the quarter.
Top 10 Performing Stocks To Own For 2019: U.S. Physical Therapy, Inc.(USPH)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on U.S. Physical Therapy (USPH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
