Note to Readers
Herbalife’s (HLF) current Self-Tender expires at close of business on September 19, 2017. The conclusions in this article assume the result of the Self-Tender will be that the company purchases 8.8 mm shares at $68/share ($600 mm). Depending on the actual results, the conclusions of this article might be reinforced or weakened.
Definitions
Some or all of what follows will be Investing 101 for most readers of this article but will be useful to all to help understand the currently evolving short-squeeze in HLF stock.
Authorized Shares The maximum number of shares a company can issue. This number is specified initially in the company’s charter, but it can be changed with shareholder approval. Generally, a much greater number of shares are authorized than are outstanding, to give the company flexibility to issue more stock as needed.
Shares Outstanding All shares currently held by all shareholders.
Treasury Shares In HLFs case, shares that are acquired by the company, retired into Treasury and no longer count in any calculation involving shares outstanding.
top 10 stock investments: National Grid Transco, PLC(NGG)
Advisors’ Opinion:
- [By WWW.MONEYSHOW.COM]
Among utilities, National Grid (NGG) is my best pick for 2017, as it’s an almost perfect hedge against uncertainty. It’s insulated from changes in government interest rates. It can be both an inflation hedge and a play on a strong dollar.
- [By Travis Hoium]
National Grid (NYSE:NGG) came out with some interesting information last week, saying 2.4 GW of distributed solar was added in the U.K. between February 2016 and February 2017 and another 1.5 GW is expected in the next year. The U.K. isn’t exactly a hotbed for solar activity, but it’s growing as an important market.
- [By Tyler Crowe, Dan Caplinger, and Neha Chamaria]
We asked three of our contributors to highlight a stock they see as a dividend stock to buy in February. They responded with automaker Ford Motors (NYSE:F), oil and gas logistics company Enterprise Products Partners (NYSE:EPD), and electricity transmission specialist National Grid (NYSE:NGG). Here’s a quick run-down as to why investors should take a look at these high-yield stocks.
top 10 stock investments: Synacor, Inc.(SYNC)
Advisors’ Opinion:
- [By Monica Gerson]
Synacor Inc (NASDAQ: SYNC) is projected to post a quarterly loss at $0.03 per share on revenue of $30.00 million.
VAALCO Energy, Inc. (NYSE: EGY) is expected to post a quarterly loss at $0.11 per share on revenue of $18.59 million.
- [By Lisa Levin]
Synacor Inc (NASDAQ: SYNC) shares dropped 18 percent to $3.42. Synacor priced 5.715 million shares at $3.50 per share.
Shares of Resources Connection, Inc. (NASDAQ: RECN) were down around 15 percent to $13.65 after the company posted downbeat quarterly results.
top 10 stock investments: Nabriva Therapeutics AG(NBRV)
Advisors’ Opinion:
- [By Lisa Levin]
Nabriva Therapeutics plc (NASDAQ: NBRV) shares shot up 37 percent to $9.38 after the company disclosed that its Phase 3 trial evaluating IV and oral lefamulin met all primary FDA and EMA endpoints.
- [By Lisa Levin]
Shares of Nabriva Therapeutics plc (NASDAQ: NBRV) got a boost, shooting up 10 percent to $9.71. Nabriva Therapeutics announced a $80 million common stock offering.
top 10 stock investments: Basilea Pharmaceutica Ltd. (BPMUF)
Advisors’ Opinion:
- [By SEEKINGALPHA.COM]
Leuven, Belgium-based Tigenix (OTC:TGXSF) filed to go public in the U.S. in late 2015, only to become entangled with Bavarian Nordic (OTC:BVNKF) and Basilea Pharmaceutica (OTC:BPMUF) as the European drugmakers pulled back from NASDAQ. Tigenix subsequently increased its bank account following a 23.75 million placement in Belgium, and added an additional 25 million via a relationship with Takeda, before coming back to Wall Street in October 2016 with a revamped slate of underwriters.
