Top 10 Value Stocks To Invest In 2018

By Oisin Breen, Research

In line with previous articles we’ve written, and paraphrasing Buffett, it’s always interesting to consider investing behind the things you know. This article, motivated by a curiosity into firms supporting the deep-sea cable infrastructure that drives the internet, focuses on technological infrastructure firm TE Connectivity (TEL) that does just that, and a whole lot more. TE is a components manufacturer operating in a range of industries. 2017 has been a good year for the firm, and as investors continue to seek both value and growth in the market, unheralded infrastructure stocks available cheaply, relative to earnings, may continue to see their share prices climb in 2018.

TE share price on the up. Source: Bloomberg

Top 10 Value Stocks To Invest In 2018: CLARCOR Inc.(CLC)

Advisors’ Opinion:

  • [By Monica Gerson]

    CLARCOR Inc. (NYSE: CLC) is estimated to post its quarterly earnings at $0.40 per share on revenue of $310.87 million.

    Tilly’s Inc (NYSE: TLYS) is expected to post its quarterly earnings at $0.11 per share on revenue of $155.43 million.

Top 10 Value Stocks To Invest In 2018: Ubiquiti Networks, Inc.(UBNT)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Friday, technology shares rose by just 0.2 percent. Meanwhile, top losers in the sector included Ubiquiti Networks Inc (NASDAQ: UBNT), down 14 percent, and Magnachip Semiconductor Corp (NYSE: MX), down 12 percent.

  • [By Jim Robertson]

    On Monday, small cap Ubiquiti Networks (NASDAQ: UBNT) fell 7.89%after notorious short seller Andrew Left/Citron Research issued a report calling the stock a fraud, but shares were regainingsome of what was lost in early Tuesdaytrading. Ubiquiti Networkseliminates barriers to connectivity for under-networked enterprises, communities and consumers with its leading-edge platforms that connect hundreds of millions of people throughout the world. With over 60 million devices sold worldwide, through a network of over 100 distributors, to customers in more than 180 countries and territories,the Companyhas maintained an industry-leading financial profile by leveraging a unique business model to develop products that combine innovative technology with disruptive price-to-performance characteristics.Growth is supported by the Ubiquiti Community, a global grass-roots community of 4 million entrepreneurial operators and systems integrators who engage in thousands of forums.

  • [By Steve Symington]

    Shares of Ubiquiti Networks Inc.(NASDAQ:UBNT) were down 13.4% as of 1:30 p.m. EST Friday after the networking hardware company released mixed fiscal second-quarter 2017 results.

  • [By Peter Graham]

    Mid cap network communication platform makerUbiquiti Networks Inc (NASDAQ: UBNT) reportedfiscal Q4 2017 earnings before the market opened with shares surging 16.56% when the market closed. Revenues increased 23% year-over-year and 4.7% sequentially to $228.6 million, primarily driven by continued strong demand for new product offerings across the Company’s product lines. Enterprise Technology revenues increased 49% year-over-year, primarily driven by continued adoption of the Company’s UniFi product family of access points, switches, gateways and IP cameras.Service Provider Technology revenues increased 5% year-over-year and 10% sequentially, primarily driven by the Company’s airMAX AC and airMAX AC Gen 2 product lines. GAAP Net Income was $60.7 million versus $57.7 million. Total cash and cash equivalents as of June 30, 2017 were $604.2 million versus $533.9 million as of March 31, 2017, representing an increase of over 13%.

Top 10 Value Stocks To Invest In 2018: Halliburton Company(HAL)

Advisors’ Opinion:

  • [By Wayne Duggan]

    Trump is particularly enthusiastic about shale oil & gas and clean coal, which is good news for stocks such as Chesapeake Energy Corporation (NYSE: CHK), Halliburton Company (NYSE: HAL) and CONSOL Energy Inc. (NYSE: CNX).

  • [By Lisa Levin]

    Halliburton Company (NYSE: HAL) reported stronger-than-expected profit for its third quarter on Monday.

    Halliburton posted quarterly adjusted earnings of $0.42 per share on revenue of $5.44 billion. However, analysts expected earnings of $0.37 per share on revenue of $5.35 billion.

  • [By Ben Levisohn]

    How strong is the earnings recovery? Of the 18 stocks that reported this morning, 13 beat forecasts, including Halliburton (HAL), and Hasbro (HAS). BofA Merrill Lynch’s Savita Subramanian and team note that for the first time since 2012, analysts are raising their earnings forecasts as earnings season progresses:

  • [By Tyler Crowe]

    2016 was an interesting year for Halliburton (NYSE:HAL). Not only did the oil-field services company work through one of the largest downturns in the history of oil and gas, but it also had to deal with the financial fallout from a major acquisition blowing up in its face. When it reported fourth-quarter and fiscal 2016 earnings this week, the company showed that it had taken a big blow, but was ready to move on to the next big thing in the oil and gas market. Let’s take a quick look at the company’s results for the year that was, and see what could be in store in the coming quarters.

  • [By Matthew DiLallo]

    Following a series of M&A announcements in the oilfield-services sector since the onset of the oil market downturn, French oil-field service company Technip and U.S. oilfield equipment company FMC Technologies (NYSE:FTI) hooked up in an all-stock deal valuing the combined company at $13 billion. Shareholders of each company will own 50% of the combined entity, to be named TechnipFMC, which implies a roughly $6.5 billion acquisition valuation for each entity. The transaction, which should close early next year, will “combine Technip’s innovative systems and solutions, state-of-the-art assets, engineering strengths, and project management capabilities with FMC Technologies’ leading technology, manufacturing, and service capabilities.” Further, it should save $400 million in annual costs by 2019. Moreover, it will enable the combined company to compete better against larger oil-field service rivals Baker Hughes (NYSE:BHI), Halliburton (NYSE:HAL), and Schlumberger (NYSE:SLB), which have all gained strength during the downturn either through M&A activities or cost savings initiatives.

  • [By Ben Levisohn]

    Halliburton (HAL) has gotten beaten up this year…and even today’s earnings beat doesn’t capable of reversing its fortunes.

    Getty Images

    Halliburton reported a profit of 4 cents, beating forecasts for 3 cents, on sales of $4.28 billion, narrowly edging expectations for $4.27 billion. Halliburton’s shares were trading higher before the market opened, but have declined have declined 0.3% to $46.90 at 1:56 p.m. today.

    Evercore ISI’s James West sees a “margin explosion” coming for Halliburton during the second half of the year, while comparing the oil-services giant to LeBron:

    With the start of the year already regarded as a transition period, we view the companys decision to sacrifice near term margins in order to accelerate long-term profitability and revenue growth as a defensive, yet calculated, and preemptive maneuver. Execution does remain a risk but naysayers seem to utter similar indecencies about LeBron James each year as the playoffs arrive. You dont doubt the king, and HAL is the clear market leader when it comes to NAM completions, in our view. The change in HALs reporting format makes syncing HALs commentary with its financials more difficult, but NAM comprised 68% and 61% of C&P revenues in 2014 and 2015, respectively (71% and 21% of EBIT). As such, the broader segment should be a good proxy for the region. Abatement of cost inflation, or at least a deceleration as we progress beyond the first step-change in activity of the cycle should serve as an additional tailwind for margins. The most likely benefit will come from proppant costs as sand mines resume processing finer mesh grades following the winter hiatus. Additional frac capacity is being reactivated at leading edge prices, evidenced by the fact that incremental margins improved throughout the first quarter, and the company continues to repair legacy contracts and commitments. The improvement of the broader po

Top 10 Value Stocks To Invest In 2018: Microchip Technology Incorporated(MCHP)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Microchip Technology (MCHP) sunk to the bottom of the S&P 500 today as semiconductor stocks got clobbered.

    Getty Images

    Shares of Microchip Technology tumbled 7.5% to $61.23 today, while the S&P 500 declined 0.4% to 2,191.08. The SPDR S&P Semiconductor ETF (XSD) fell 4.8% to $52.29, while the VanEck Vectors Semiconductor ETF (SMH) dropped 4.8% to $67.68.

    Today’s slaughter comes two days after Microchip Technology narrowed its third-quarter guidance. Stifel’s Kevin Cassidy and team had the details:

    Microchip upwardly revised its December ending quarter…Non-GAAP EPS guidance was updated to $0.87 – $0.94 compared to $0.85 – $0.95 previously…The According to management, the upside is coming from better than expected integration of recent acquisitions. Management pointed out that significant gross margin improvements may be recognized as the inventory of higher cost products from the now closed Micrel fab is depleted. We have revised our revenue and non-GAAP earnings estimates and increased our 12-month target price to $70.

    Microchip Technology’s market capitalization fell to $13.2 billion from $14.3 billion yesterday. It report net income of $324 million on sales of $2.2 billion in fiscal 2016.

     

  • [By Ben Levisohn]

    My colleague Tiernan Rey at Barron’s Tech Trader Daily quoted B. Rileys Craig Ellis in a post today, who called the selloff yesterday an unusually attractive entry opportunity forApplied Materials andMicrochip Technology (MCHP) buyers.

Top 10 Value Stocks To Invest In 2018: Imprivata, Inc.(IMPR)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Imprivata Inc (NYSE: IMPR) got a boost, shooting up 31 percent to $19.01 as the company reached a definitive deal to be bought by an affiliate of Thoma Bravo, LLC, a private equity firm, for $544 million

Top 10 Value Stocks To Invest In 2018: Rovi Corporation(ROVI)

Advisors’ Opinion:

  • [By Emily Stewart]

    Rovi (ROVI) is a new second-quarter acquisition for Soros, who as of the end of the period owns 4.1 million shares worth $63.6 million.

    Rovi is engaged in the discovery, delivery, display and monetization of digital entertainment by providing a broad set of integrated solutions. It has a $1.8 billion market cap. 

Top 10 Value Stocks To Invest In 2018: Merit Medical Systems Inc.(MMSI)

Advisors’ Opinion:

  • [By Lisa Levin] Related Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide 15 Biggest Mid-Day Losers For Monday Cerulean Pharma's (CERU) CEO Chris Guiffre on Cerulean and Dar茅 Proposed Transaction (Transcript) (Seeking Alpha)
    Related Mid-Afternoon Market Update: Cancer Genetics Gains After Q4 Results; Heat Biologics Shares Slide Mid-Day Market Update: Dow Rises Over 50 Points; Tandem Diabetes Care Shares Plunge Tandem Diabetes prices stock offering at $1.25; shares off 19% premarket (Seeking Alpha)
    Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
    Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
    Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
    Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
    Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
    QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
    Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
    Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and mileston

Top 10 Value Stocks To Invest In 2018: TOP Ships Inc.(TOPS)

Advisors’ Opinion:

  • [By Paul Ausick]

    Top Ships Inc. (NASDAQ: TOPS) posted a new 52-week low of $0.70 on Thursday, down about 19% compared with Wednesday’s closing price of $0.86. The stock’s 52-week high is $8.40. Volume was about double the daily average of around 2.2 million shares. The company had no specific news.

  • [By Paul Ausick]

    Top Ships Inc. (NASDAQ: TOPS) posted a new 52-week low of $0.51 on Friday, down more than 21% compared with Thursday’s closing price of $0.65. The stock’s 52-week high is $8.40. Volume was nearly double the daily average of around 2.3 million shares. The company had no specific news.

  • [By Paul Ausick]

    Top Ships Inc. (NASDAQ: TOPS) posted a new 52-week low of $0.49 on Tuesday, down about 0.6% compared with Monday’s closing price of $0.52. The stock’s 52-week high is $8.40. Volume was about 4 times the daily average of around 2.8 million shares. The company had no specific news.

  • [By Paul Ausick]

    Top Ships Inc. (NASDAQ: TOPS) dropped about 14% Wednesday to post a new 52-week low of $0.31 after closing at $0.36 on Tuesday. Volume was around 14.5 million, about 25% above the daily average of around 6.4 million. The shipping company had no specific news.

  • [By Lisa Levin] Related Chardan Analyst Suggests An AveXis-Ionis Pair Trade Why The Biogen-Ionis News Is A Boon For AveXis AveXis' (AVXS) CEO Sean Nolan on Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
    Related CLBS Earnings Scheduled For March 17, 2017 15 Biggest Mid-Day Gainers For Thursday Caladrius Biosciences beats by $0.07, beats on revenue (Seeking Alpha) Gainers
    Caladrius Biosciences Inc (NASDAQ: CLBS) shares rose 20.2 percent to $6.13 in pre-market trading after the company reported a narrower-than-expected quarterly loss.
    Arbutus Biopharma Corp (NASDAQ: ABUS) rose 12.3 percent to $3.20 in pre-market trading after the company disclosed that it has licensed LNP delivery technology to Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) for use in single messenger RNA product candidate.
    AveXis Inc (NASDAQ: AVXS) rose 12.2 percent to $81.66 in pre-market trading after the company reported topline data from Phase 1 trial of AVXS-101.
    TOP SHIPS Inc (NASDAQ: TOPS) shares rose 10.5 percent to $2.43 in pre-market trading after surging 109.52 percent on Thursday.
    ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) rose 9.8 percent to $17.45 in pre-market trading after declining 0.44 percent on Thursday.
    Sino-Global Shipping America, Ltd. (NASDAQ: SINO) rose 8.3 percent to $3.38 in pre-market trading after climbing 23.81 percent on Thursday.
    Diana Containerships Inc (NASDAQ: DCIX) rose 7.6 percent to $2.99 in pre-market trading after surging 12.55 percent on Thursday.
    Steel Dynamics, Inc. (NASDAQ: STLD) rose 5.2 percent to $37.25 in pre-market trading. Steel Dynamics expects Q1 earnings of $0.77 to $0.81 per diluted share. The company also declared a quarterly cash dividend of $0.1550 per common share.
    Adobe Systems Incorporated (NASDAQ: ADBE)

Top 10 Value Stocks To Invest In 2018: Vanguard Extended Duration Treasury ETF (EDV)

Advisors’ Opinion:

  • [By Todd Shriber, ETF Professor]

    The 11 ETF fee cuts unveiled by Vanguard include a significant portion of the issuer's fixed income lineup. All of the following saw annual fees reduced to 0.07 percent from 0.1 percent:

    Vanguard Extended Duration Treasury ETF (NYSE: EDV). Vanguard Intermediate-Term Bond ETF (NYSE: BIV). Vanguard Intmdte Tm Govt Bd ETF (NASDAQ: VGIT). Vanguard Long Term Corporate Bond ETF (NASDAQ: VCLT). Vanguard Lg Term Govt Bd ETF (NASDAQ: VGLT). Vanguard Mortgage Bkd Sects ETF (NASDAQ: VMBS).

    and the Vanguard Short Term Corporate Bond ETF (NASDAQ: VCSH).

Top 10 Value Stocks To Invest In 2018: Alder BioPharmaceuticals, Inc.(ALDR)

Advisors’ Opinion:

  • [By Paul Ausick]

    Alder Biopharmaceuticals Inc. (NASDAQ: ALDR) posted a new 52-week low of $13.50on Tuesday, down nearly 28% compared with Monday’s closing price of $18.70. The stock’s 52-week high is $36.48. Volume totaled more than 12 million shares, about 12 times the daily average of around 720,000. The company reported that its migraine treatment reported a positive result, but investors were not impressed.

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