Top 10 Warren Buffett Stocks To Own Right Now

Given the extremely low valuation of Micron Technology (NASDAQ:MU) stock, if value investing legend Benjamin Graham was alive today, he would be buying MU stock by the boatload.

Trading at 3.7 times its trailing adjusted earnings per share, Micron stock is the third-cheapest S&P 500 company by this valuation metric and it has the lowest forward price-earnings ratio in the S&P 500.

Four months ago, MU stock was trading around $65, over 40% higher than its current price. Its cash return [defined as free cash flow plus net interest expense divided by enterprise value] is 15.5%. By comparison, Amazon.com’s (NASDAQ:AMZN) cash return, according to Morningstar, is 1.0%.

I’m not suggesting that MU is in the same league as Jeff Bezos and company, but it would be difficult to picture a situation that is better suited for a company to buy back its own shares, even though its business conditions.are deteriorating

Warren Buffett Loves Buybacks

“Many management (teams) are just deciding they’re gonna buy X billions (in stock) over X months. That’s no way to buy things. You buy (things) when (they’re) selling for less than they are worth,” Buffett told CNBC in 2015. “It’s not a complicated equation to figure out whether it is beneficial or not to repurchase shares,” he added.

Top 10 Warren Buffett Stocks To Own Right Now: Quality Systems, Inc.(QSII)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares surged 20.6 percent to $6.39. WBB Securities upgraded Melinta Therapeutics from Hold to Speculative Buy.
    Shoe Carnival, Inc. (NASDAQ: SCVL) shares climbed 17.2 percent to $30.87 after the company reported upbeat quarterly earnings.
    Acorn International, Inc. (NYSE: ATV) shares rose 15.2 percent to $28.804 after the company declared a special one-time cash dividend of $14.97 per ADS.
    Foot Locker, Inc. (NYSE: FL) gained 15 percent to $53.35 after the company reported better-than-expected results for its first quarter.
    Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) surged 14.2 percent to $2.625.
    ArQule, Inc. (NASDAQ: ARQL) rose 13 percent to $5.12 after gaining 4.86 percent on Thursday.
    Quality Systems, Inc. (NASDAQ: QSII) gained 12.8 percent to $16.97 after the company posted better-than-expected FQ4 results.
    Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) shares rose 12 percent to $12.94.
    ArQule, Inc. (NASDAQ: ARQL) shares rose 12 percent to $5.07.
    Mirati Therapeutics, Inc. (NASDAQ: MRTX) climbed 11.4 percent to $43.50.
    Zai Lab Limited (NASDAQ: ZLAB) gained 11.3 percent to $24.7000.
    Zymeworks Inc. (NASDAQ: ZYME) rose 9.7 percent to $19.64.
    Park City Group, Inc. (NASDAQ: PCYG) climbed 9 percent to $7.90.
    Roku, Inc. (NASDAQ: ROKU) gained 7.9 percent to $38.82 after Citron reversed previously bearish position on the stock.
    Sears Holdings Corporation (NASDAQ: SHLD) shares jumped 7.3 percent to $3.55.
    Deckers Outdoor Corp (NYSE: DECK) rose 3.5 percent to $107.27 after reporting better-than-expected results for its fiscal fourth quarter.

    Check out these big penny stock gainers and losers

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Quality Systems (QSII)

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

  • [By Stephan Byrd]

    Quality Systems (NASDAQ:QSII) – Investment analysts at Dougherty & Co issued their Q1 2019 earnings estimates for Quality Systems in a research report issued to clients and investors on Tuesday, May 29th. Dougherty & Co analyst G. Mannheimer forecasts that the company will earn $0.15 per share for the quarter.

Top 10 Warren Buffett Stocks To Own Right Now: WSB Holdings Inc.(WSB)

Advisors’ Opinion:

  • [By Garrett Baldwin]

    Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now it’s time to get even. Money Morning Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking. Read it here.

    The Top Stock Market Stories for Wednesday
    In addition to Trump’s concerns about China and trade, the President also stated that he is unsure whether a summit with North Korean leader Kim Jong-Un will take place as planned. Multiple media outlets this morning are questioning if the event will take place. The summit is tentatively planned for June 12. Banking stocks were on the move after Congress passed new laws designed to reduce regulations for thousands of financial institutions. The new rules will ensure that smaller banks are not facing the same strict rules as the bigger giants. The financial sector has been lobbying to changes to the Dodd-Frank Act since its inception after the 2008-09 financial crisis. Facebook Inc. (Nasdaq: FB) CEO Mark Zuckerberg met with members of the European Union on Tuesday. The CEO of the social media giant outraged European Parliament members after reportedly dodging questions about user privacy and the firm’s collection of personal data. During the conversation, EU members questioned whether Facebook is a monopoly and pondered if the firm should be broken up due to antitrust concerns.
    Three Stocks to Watch Today: TGT, LOW, TIF
    Shares of Target Corporation (NYSE: TGT) fell nearly 6% after the retail giant fell short of earnings expectations before the bell. The firm reported earnings per share of $1.32. This figure missed Wall Street earnings expectations by six cents. The retail giant blamed poor spring weather for its performance and said that its bottom line has been impacted by the costs of upgrading its physical locations. Lowe’s Companies (NYSE: LOW) stock gained

Top 10 Warren Buffett Stocks To Own Right Now: OSI Systems, Inc.(OSIS)

Advisors’ Opinion:

  • [By Max Byerly]

    Clearline Capital LP lessened its position in OSI Systems, Inc. (NASDAQ:OSIS) by 62.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,099 shares of the technology company’s stock after selling 83,849 shares during the period. OSI Systems comprises 2.6% of Clearline Capital LP’s portfolio, making the stock its 15th largest holding. Clearline Capital LP’s holdings in OSI Systems were worth $3,951,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    OSI Systems (NASDAQ:OSIS) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.80-4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.84. The company issued revenue guidance of $1.125-1.165 billion, compared to the consensus revenue estimate of $1.12 billion.

  • [By Joseph Griffin]

    Xilinx (NASDAQ:XLNX) and OSI Systems (NASDAQ:OSIS) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, profitability, institutional ownership, valuation and earnings.

  • [By Logan Wallace]

    Millennium Management LLC lessened its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 40.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,483 shares of the technology company’s stock after selling 170,680 shares during the quarter. Millennium Management LLC owned about 1.41% of OSI Systems worth $16,675,000 at the end of the most recent reporting period.

Top 10 Warren Buffett Stocks To Own Right Now: SodaStream International Ltd.(SODA)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Russell Investments Group Ltd. grew its holdings in Sodastream International Ltd (NASDAQ:SODA) by 11.6% during the second quarter, HoldingsChannel.com reports. The firm owned 16,545 shares of the company’s stock after acquiring an additional 1,719 shares during the quarter. Russell Investments Group Ltd.’s holdings in Sodastream International were worth $1,411,000 at the end of the most recent quarter.

  • [By Garrett Baldwin]

    And with just a few smart plays in today’s classic stock picker’s market, you can pull in triple-digit gains with just a small investment.

    The Top Stock Market Stories for Monday
    Today will feature a light day of earnings reports, but things will heat up later this week for traditional retail stocks. We’ll be looking for stronger earnings thanks to improved consumer confidence and spending. Retail firms reporting earnings include Target Corp. (NYSE: TGT), Kohl’s Corp. (NYSE: KSS), Ross Stores Inc. (Nasdaq: ROST), Gap Inc. (NYSE: GPS), Foot Locker Inc. (NYSE: FL), and TJX Co. Inc. (NYSE: TJX). PepsiCo Inc. (NYSE: PEP) announced it will purchase the at-home carbonated drink manufacturer SodaStream International Ltd. (Nasdaq: SODA) in a deal worth $3.2 billion. The news sent SODA shares up 32% this morning and gives Pepsi a distribution channel to reach customers outside of traditional stores and vending machines. Pepsi appears to be getting out ahead of the growing trend of consumers purchasing groceries online instead of at traditional retail locations. Shares of PEP added 0.4% before the opening bell. Football season is now just three weeks away from kicking off. And America’s top spectator sport is trying to resurrect itself from an ongoing public relations battle over the National Anthem. Here’s the thing: Esports don’t face such a problem… and they are on their way to becoming the world’s largest sport in the world – scoring more fans than baseball, basketball, football, and soccer combined within two decades. Best of all, we found the perfect stock to help Money Morning readers cash in on this booming trend.
    Follow topicMorning Market Alert

    Morning Market Alert

  • [By Rich Duprey]

    The soda business is suddenly hot for everything but soda. Last month, PepsiCo (NASDAQ:PEP) announced it was acquiring sparkling water leader SodaStream (NASDAQ:SODA) for $3.2 billion in a play on healthier drinking options. Meanwhile, Coca-Cola (NYSE:KO) made its biggest acquisition ever with the $5.1 billion purchase of Costa Coffee, one of the largest retail coffee companies outside the U.S.

Top 10 Warren Buffett Stocks To Own Right Now: Morningstar, Inc.(MORN)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Northern Trust Corp grew its position in Morningstar, Inc. (NASDAQ:MORN) by 4.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 227,049 shares of the business services provider’s stock after buying an additional 9,963 shares during the quarter. Northern Trust Corp’s holdings in Morningstar were worth $21,688,000 at the end of the most recent reporting period.

  • [By Motley Fool Staff]

    Morningstar (NASDAQ:MORN) is perhaps best known for its five-star mutual fund rating system, but there’s a lot more to the company.

    In this Industry Focus: Financials clip, host Shannon Jones and Motley Fool contributor Matt Frankel discuss how Morningstar makes its money and why it’s the best-performing large financial sector stock of this year, thus far.

  • [By Motley Fool Staff]

    In this episode of Industry Focus: Financials, host Shannon Jones and guest Matt Frankel walk through how Morningstar (NASDAQ:MORN), Credit Acceptance Corp. (NASDAQ:CACC), and SVB Financial Group (NASDAQ:SIVB) have all crushed their peers and risen by more than 35% so far this year.

  • [By Stephan Byrd]

    MAN Grp PLC/ADR (NASDAQ: MORN) and Morningstar (NASDAQ:MORN) are both mid-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, earnings, profitability, analyst recommendations, valuation and risk.

Top 10 Warren Buffett Stocks To Own Right Now: iShares MSCI Emerging Markets (EEM)

Advisors’ Opinion:

  • [By Joseph Griffin]

    First Trust Advisors LP purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 17,676 shares of the exchange traded fund’s stock, valued at approximately $766,000.

  • [By ]

    The MSCI Emerging Market Index is positing an incredible run. It’s on its longest-ever streak without a 10% decline, Bloomberg notes. That’s helping power the iShares MSCI Emerging Markets ETF (NYSE:EEM) well ahead of the S&P 500 to start the year.

  • [By Jim Crumly]

    Materials stocks rebounded from a fall yesterday, with the SPDR S&P Metals and Mining ETF (NYSEMKT:XME) closing up 2%. Emerging markets also bounced back, thanks in part to a weakening dollar; the iShares MSCI Emerging Markets ETF (NYSEMKT:EEM) rose 1.9%.

Top 10 Warren Buffett Stocks To Own Right Now: Vanguard Total Bond Market ETF (BND)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    Investing in retirement is vastly different from investing during your primary working years. You need to switch from a focus on growing your capital to a focus on protecting your capital and living off of it. That means generating income becomes an increasingly important part of the mix — but only if it doesn’t require material increases in risk. Vanguard Total Bond Market ETF (NYSEMKT:BND), Vanguard Utilities ETF (NYSEMKT:VPU), and SPDR S&P Dividend ETF (NYSEMKT:SDY) are three exchange-traded funds, or ETFs, that will help you invest the right way after you retire.

  • [By Shane Hupp]

    Investors sold shares of Vanguard Total Bond Market ETF (NYSEARCA:BND) on strength during trading hours on Wednesday. $36.30 million flowed into the stock on the tick-up and $151.36 million flowed out of the stock on the tick-down, for a money net flow of $115.06 million out of the stock. Of all equities tracked, Vanguard Total Bond Market ETF had the 0th highest net out-flow for the day. Vanguard Total Bond Market ETF traded up $0.04 for the day and closed at $79.24

  • [By WWW.GURUFOCUS.COM]

    For the details of University of Tennessee’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=University+of+Tennessee

    These are the top 5 holdings of University of TennesseeVanguard Total World Stock Index (VT) – 1,059,959 shares, 71.1% of the total portfolio. Shares added by 22.85%Vanguard Total Bond Market (BND) – 396,870 shares, 28.9% of the total portfolio. Shares reduced by 15.41%Add

  • [By Stephan Byrd]

    Blocknode (CURRENCY:BND) traded 4.9% lower against the U.S. dollar during the 24 hour period ending at 23:00 PM ET on February 6th. Over the last seven days, Blocknode has traded 21.4% lower against the U.S. dollar. Blocknode has a market cap of $77,467.00 and $5.00 worth of Blocknode was traded on exchanges in the last 24 hours. One Blocknode coin can currently be bought for about $0.0006 or 0.00000019 BTC on exchanges including Cryptopia and CoinExchange.

  • [By Stephan Byrd]

    Traders sold shares of Vanguard Total Bond Market ETF (NYSEARCA:BND) on strength during trading hours on Tuesday. $36.12 million flowed into the stock on the tick-up and $177.60 million flowed out of the stock on the tick-down, for a money net flow of $141.48 million out of the stock. Of all stocks tracked, Vanguard Total Bond Market ETF had the 33rd highest net out-flow for the day. Vanguard Total Bond Market ETF traded up $0.07 for the day and closed at $80.00

Top 10 Warren Buffett Stocks To Own Right Now: Accuray Incorporated(ARAY)

Advisors’ Opinion:

  • [By Logan Wallace]

    Accuray Incorporated (NASDAQ:ARAY)’s share price dropped 6.7% during mid-day trading on Thursday . The stock traded as low as $3.90 and last traded at $3.92. Approximately 1,630,500 shares changed hands during trading, an increase of 120% from the average daily volume of 740,567 shares. The stock had previously closed at $4.20.

  • [By Brian Feroldi]

    In response to its announcement of fiscal fourth-quarter and full-year results, Accuray (NASDAQ:ARAY), the maker of the CyberKnife Stereotactic Radiosurgery System, saw its shares jump as much 17% in early morning trading on Friday. Shares have since cooled off, but were still up about 6% as of 11:05 a.m. EDT.

  • [By Steve Symington]

    After enjoying their best single-day gains in months yesterday, major market indexes continued to move higher on Friday. But several individual stocks stood out from the rest with more pronounced pops, including Zoe’s Kitchen (NYSE:ZOES), America’s Car-Mart (NASDAQ:CRMT), and Accuray (NASDAQ:ARAY). Read on to learn why.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Accuray (ARAY)

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

  • [By Dan Caplinger]

    Friday was mixed on Wall Street, with the Nasdaq Composite eking out minor gains even as most other major benchmarks finished down modestly. Market participants seemed largely content to see how things played out on the geopolitical front between the U.S. and North Korea, and key reversals in other financial markets helped send 10-year Treasury rates back below 3% and also resulted in a substantial drop in crude oil prices. Despite generally quiet conditions, bad news sent shares of certain companies lower. Accuray (NASDAQ:ARAY), Cincinnati Bell (NYSE:CBB), and Chesapeake Energy (NYSE:CHK) were among the worst performers on the day. Here’s why they did so poorly.

  • [By Joseph Griffin]

    Accuray (NASDAQ:ARAY) had its price objective lowered by Citigroup from $4.00 to $3.50 in a research report report published on Friday. Citigroup currently has a sell rating on the medical equipment provider’s stock.

Top 10 Warren Buffett Stocks To Own Right Now: Icahn Enterprises L.P.(IEP)

Advisors’ Opinion:

  • [By Paul Ausick]

    Activist investor Carl Icahn and Icahn Enterprises Inc. (NASDAQ: IEP) tendered up to 11.4 million shares in Herbalife Nutrition Ltd. (NYSE: HLF) in response to a $600 million tender offer from the company to repurchase shares of its common stock at no more than $54 and no less than $49 per share. The announcement sent Herbalife shares down sharply.

  • [By Brian Feroldi]

    While not every growth fund manager is worth following there are several that I greatly respect and can be a wonderful source of stock ideas. Here are a few of my favorite growth investors to follow:

    Pat Dorsey of Dorsey Asset Management: Dorsey was the director of equity research at Morningstar for more than a decade an authored two must-read books for growth investors: The Five Rules for Successful Stock Investing and The Little Book that Builds Wealth. Dorsey now runs his own asset management business and he makes concentrated bets in growth stocks that he believes will be able to compound shareholder wealth for years. Chuck Akre of Akre Capital Management: Akre ran the FBR Focus Fund from 1997 to 2009 and produced annualized returns of more than 12% during his tenure, which was far ahead of the 4.4% return of the S&P 500 over the same time frame. Akre launched his own mutual funds in 2009. His style is to buy growth stocks that are trading for value prices and he rarely sells. He also runs a concentrated portfolio. Carl Icahn of Icahn Capital Management: Long-term investors in Icahn’s publicly traded investment vehicle Icahn Enterprises (NASDAQ:IEP) has enjoyed market-beating returns. Icahn’s net worth has ballooned to more than $18 billion because of his knack for finding mispriced stocks. In recent years, he has become an activist investor who buys a meaningful position in a company and then shakes up its Board of Directors and management team in an effort to improve the business. While his fast-paced style isn’t for everybody, I always enjoy looking at his portfolio to see what he has been buying or selling recently.

    There are also a plethora of websites out there that make easy to track and rank what notable growth investors are doing, including Whale Wisdom, TipRanks, and Guru Focus. Growth investors can visit any of these sites and quickly learn what many big-time money managers have been buying and selling in recent months to come up

  • [By Money Morning Staff Reports]

    He earned more than $100 million in a famous board room battle with RJR Nabisco, and recently he’s led the charge in pressing Caesars Entertainment Corp. (NASDAQ: CZR) to sell its assets. Rumors are swirling that the gambling giant will soon merge with Eldorado Resorts Inc. (NASDAQ: ERI). He also has stakes in CVR Energy Inc. (NYSE: CVI), Herbalife Nutrition Ltd. (NYSE: HLF), Cheniere Energy Inc. (NYSE: LNG), Newell Brands Inc. (NASDAQ: NWL), and of course, his firm Icahn Enterprises LP (NASDAQ: IEP).

  • [By WWW.GURUFOCUS.COM]

    For the details of Carl Icahn’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn

    These are the top 5 holdings of Carl IcahnIcahn Enterprises LP (IEP) – 166,393,350 shares, 48.97% of the total portfolio. Shares added by 5.38%CVR Energy Inc (CVI) – 71,198,718 shares, 10.91% of the total portfolio. Herbalife Nutrition Ltd (HLF) – 35,227,904 shares, 7.84% of the total portfolio. Shares reduced by 22.99%Cheniere Energy Inc (LNG) – 23,680,490 shares, 6.39% of the total portfolio. Shares reduced by 27.54%Freeport-McMoRan

Top 10 Warren Buffett Stocks To Own Right Now: Buckle, Inc. (BKE)

Advisors’ Opinion:

  • [By Garrett Baldwin]

    And with just a few smart plays in today’s classic stock picker’s market, you can pull in triple-digit gains with just a small investment.

    Three Stocks to Watch Today: FL, SSNLF, MSFT
    Shares of Foot Locker Inc. (NYSE: FL) popped 1% after the company reported earnings before the bell. The shoe retailer announced earnings per share of $0.75, a figure that topped Wall Street expectations by $0.05. The firm also topped revenue expectations. The primary drag from the report, however, was news that comparable-store sales fell slightly short of analysts’ expectations. Today is a key day for Samsung Electronics Co. Ltd. (OTC: SSNLF). The company’s Galaxy Note 9 will go on sale. The water-resistant phone provides wireless charging and an infinity display. The company is trying to move past design problems from its Galaxy 8, and the fallout from the Galaxy Note 7 that was discontinued due to incidents where they caught fire. Microsoft Corp. (Nasdaq: MSFT) is now under investigation by the U.S. Justice Department and the U.S. Securities and Exchange Commission. According to the Wall Street Journal, the U.S. agency is investigating claims that the company offered bribes and kickbacks to government officials in Hungary. Other firms reporting earnings include Hibbett Sports Inc. (Nasdaq: HIBB), Big Lots Inc. (NYSE: BIG), and Buckle Inc. (NYSE: BKE).

    Follow Money Morning on Facebook, Twitter, and LinkedIn.

  • [By Logan Wallace]

    Buckle (NYSE:BKE) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

  • [By Logan Wallace]

    6 Meridian bought a new stake in shares of Buckle Inc (NYSE:BKE) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,243 shares of the company’s stock, valued at approximately $222,000.

  • [By Logan Wallace]

    Buckle (NYSE:BKE) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a report released on Tuesday.

  • [By Garrett Baldwin]

    LEGAL WAVE: Barriers to marijuana could be tumbling in Mexico and Thailand, but it’s here in the U.S. where legalization could spark a “Green Rush” in certain stocks. Click here to learn about three of them…

    Two Stocks to Watch Today: BKE, FB
    Shares of Buckle Inc. (NYSE: BKE) were off 0.7% after the firm received a downgrade from German investment bank Deutsche Bank (NYSE: DB). The firm downgraded BKE stock from a “Hold” to a “Sell” and set a price target of $16 per share. Shares of Facebook Inc. (NASDAQ: FB) were off 1.2% after The New York Times reported that the social media giant is under criminal investigation. According to the newspaper, the firm offered “broad access to view information on Facebook users” sometimes without those users’ permission. This is a story that we’ll continue to monitor heading into next week.
    John Boehner Just Revealed Why He’s Going ALL IN on Marijuana (Did You Miss It?)

    Former Speaker of the House John Boehner – once the cannabis industry’s most staunch opponent – just revealed an UNCENSORED prediction about America’s most controversial, misunderstood, and what’s quickly becoming our most lucrative industry. If you missed seeing this historic announcement live, go here for a special rebroadcast.

  • [By Garrett Baldwin]

    We’re about to reveal a little wealth secret that could unlock the trade of a lifetime. Money Morning Special Situation Strategist Tim Melvin takes you inside what could easily be a 10-bagger for investors in the weeks ahead. Read more right here.

    The Top Stock Market Stories for Friday
    Meanwhile, the United States will continue to meet with China to discuss ways to accelerate a deal between the two nations on trade. U.S. Commerce head Wilbur Ross will be visiting the nation next month to lead the next round of talks. Last weekend, the two nations agreed in principle to avoid a trade war. Here’s the thing… the U.S. government doesn’t want you to know the full story of what is happening. Here’s a look at the backroom details…. U.S. crude oil prices slumped below $70 per barrel Friday thanks to reports out of Russia on its plans to hike production. Russia says it may increase production as part of a plan to ease portions of its deal with OPEC to cap excessive global output. Oil traders have long suspected that Russia would be one of the first countries to turn away from the ongoing deal with Saudi Arabia and the rest of the global oil cartel as soon as prices and inventory levels stabilized. This could be a blow to predictions among OPEC nations, as well as some traders who were hoping that oil could push back toward $100 per barrel.
    Three Stocks to Watch Today: FL, NFLX, AMZN
    Foot Locker Inc. (NYSE: FL) leads a light day of earnings reports. Shares of the shoe retailer popped 13% after the firm reported earnings per share (EPS) of $1.45. Wall Street had anticipated EPS of just $1.24. The retailer benefited from stronger same-store sales and higher revenue, which also beat Wall Street expectations. On Thursday, Netflix Inc. (Nasdaq: NFLX) surpassed The Walt Disney Co. (NYSE: DIS) in market capitalization to become the most valuable media property on the planet. It’s worth noting, however, that Netflix’s market capitalization of $163 billion

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