Top 5 Cheap Stocks To Own Right Now

Indonesia’s worst equity rout in five years has got strategists asking the usual question after a slump: Are stocks cheap enough to buy?

For Jahanzeb Naseer, the head of Indonesia research at Credit Suisse Group AG, investors should selectively pick shares now that the benchmark gauge is near at its lowest level since October. Foreign investor outflows have reached 1 percent of the market’s value, a past indicator that selling may taper, he said. The Jakarta Composite Index rose 0.2 percent on Friday, capping the worst weekly drop since August 2013.

“Banks have pulled back quite a bit and we are recommending clients to buy at this level,” Naseer said. “Some of the coal stocks including United Tractors are among the stocks that we recommend as well.”

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The benchmark measure rebounded on Friday, rallying as much as 1.5 percent before paring those gains, led by large capitalized stocks such as PT Telekomunikasi Indonesia and PT Unilever Indonesia, which rose by more than 2 percent each. PT Bank Mandiri, the country’s largest lender by assets, gained 2.2 percent while Bank Negara Indonesia jumped 3.2 percent.

Top 5 Cheap Stocks To Own Right Now: Emerson Electric Company(EMR)

Advisors’ Opinion:

  • [By Alexander Bird]

    On Tuesday (Oct. 2), GE announced it sold its Intelligent Platforms Automation business to Emerson Electric Co. (NYSE: EMR) for an estimated $300 million – 42% more than the company’s entire 2017 revenue.

  • [By Benzinga News Desk]

    Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link

    ECONOMIC DATA
    Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY
    USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM
    New home sales report for March will be released at 10:00 a.m. ET.
    The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET.
    The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET.
    The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
    The Treasury will auction 2-year notes at 1:00 p.m. ET.
    ANALYST RATINGS
    Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform
    Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold
    Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral
    BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market Perform

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By ]

    Emerson Electric Co. (NYSE: EMR) offers technology and engineering solutions to industrial, commercial and consumer markets. While it has had exposure to oil and gas, the company is poised for earnings growth, and its dividend hike in November of 2018 marked the 62nd straight year of dividend hikes.

  • [By Logan Wallace]

    Credit Suisse Group began coverage on shares of Emerson Electric (NYSE:EMR) in a report issued on Friday morning, Marketbeat.com reports. The firm issued a neutral rating and a $78.00 price objective on the industrial products company’s stock.

  • [By Shane Hupp]

    Element Capital Management LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 202,986 shares of the industrial products company’s stock, valued at approximately $13,864,000.

  • [By Stephan Byrd]

    Wilkins Investment Counsel Inc. cut its stake in shares of Emerson Electric (NYSE:EMR) by 1.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,625 shares of the industrial products company’s stock after selling 2,015 shares during the quarter. Emerson Electric makes up approximately 2.4% of Wilkins Investment Counsel Inc.’s portfolio, making the stock its 17th biggest position. Wilkins Investment Counsel Inc.’s holdings in Emerson Electric were worth $7,624,000 at the end of the most recent reporting period.

Top 5 Cheap Stocks To Own Right Now: Wendy’s/Arby’s Group Inc.(WEN)

Advisors’ Opinion:

  • [By ]

    The company’s properties are freestanding, not located in malls or shopping centers (which means better margins, lower rent volatility and less dependence on imperiled anchors). Better still, 96% of its rental income is shielded from e-commerce threats. After all, gas stations, drug stores and fast-food chains like Wendy’s (Nasdaq: WEN) don’t compete with Amazon (Nasdaq: AMZN).

  • [By Stephan Byrd]

    Cannae (NYSE: CNNE) and Wendys (NASDAQ:WEN) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, valuation, profitability, dividends, risk and analyst recommendations.

  • [By Leo Sun]

    However, the fast casual market became increasingly crowded with rival chains like Panera Bread and Chipotle, and Zoe’s got squeezed between traditional dine-in restaurants like Darden’s Olive Garden and evolving fast food players like Wendy’s (NASDAQ:WEN) and McDonald’s (NYSE:MCD).

Top 5 Cheap Stocks To Own Right Now: Kohl’s Corporation(KSS)

Advisors’ Opinion:

  • [By Logan Wallace]

    These are some of the news articles that may have effected Accern’s scoring:

    Get Kohl’s alerts:

    Stephanie A. Streeter Sells 4,776 Shares of Kohl’s Co. (KSS) Stock (americanbankingnews.com) Insider Selling: Kohl’s Co. (KSS) President Sells 27,223 Shares of Stock (americanbankingnews.com) New blockchain ledger will let US residents sell personal healthcare data (computerworld.com.au) Kohl’s Stock Flashes Reliable Buy Signal Again (schaeffersresearch.com) Kohl’s (KSS) Dips More Than Broader Markets: What You Should Know (finance.yahoo.com)

    A number of brokerages recently issued reports on KSS. Zacks Investment Research upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research note on Wednesday, May 30th. Guggenheim reiterated a “buy” rating and issued a $75.00 price target on shares of Kohl’s in a research note on Tuesday, May 22nd. ValuEngine upgraded shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Monday, August 13th. Cowen reiterated a “buy” rating and issued a $90.00 price target on shares of Kohl’s in a research note on Thursday, August 16th. Finally, Goldman Sachs Group began coverage on shares of Kohl’s in a research note on Monday, September 3rd. They issued a “buy” rating and a $91.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. Kohl’s presently has a consensus rating of “Hold” and an average target price of $77.20.

  • [By Ethan Ryder]

    These are some of the news stories that may have effected Accern’s scoring:

    Get Kohl’s alerts:

    Will Sturdy Comps Drive Kohl’s (KSS) This Earnings Season? (finance.yahoo.com) Macy’s Heads Into a Hugely Important Earnings Report (finance.yahoo.com) Kohl’s (KSS) Scheduled to Post Quarterly Earnings on Tuesday (americanbankingnews.com) Noteworthy Monday Option Activity: KSS, PM, VMW (nasdaq.com) 5 Reasons Stocks Have Been So Strong This Year: Jim Cramer (finance.yahoo.com)

    A number of brokerages have recently issued reports on KSS. Robert W. Baird boosted their target price on Kohl’s from $73.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, June 8th. UBS Group began coverage on Kohl’s in a report on Thursday, June 21st. They set a “neutral” rating and a $75.00 target price for the company. Telsey Advisory Group boosted their target price on Kohl’s from $73.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, June 7th. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a report on Tuesday, July 24th. Finally, Morgan Stanley boosted their price target on Kohl’s from $41.00 to $45.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 23rd. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. Kohl’s has an average rating of “Hold” and a consensus target price of $72.58.

  • [By Stephan Byrd]

    Kohl’s Co. (NYSE:KSS) insider Richard D. Schepp sold 15,000 shares of the company’s stock in a transaction dated Tuesday, June 12th. The shares were sold at an average price of $78.52, for a total transaction of $1,177,800.00. Following the transaction, the insider now directly owns 161,050 shares of the company’s stock, valued at approximately $12,645,646. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

  • [By Chris Lange]

    Kohl’s Corp. (NYSE: KSS) will share its latest quarterly results on Tuesday. The consensus estimates call for $1.64 in earnings per share (EPS) and $4.26 billion in revenue. Shares ended last week trading at $76.44, in a 52-week range of $36.50 to $79.92. The consensus analyst target is just $76.35.

Top 5 Cheap Stocks To Own Right Now: Rent-A-Center Inc.(RCII)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Rent-A-Center (NASDAQ:RCII) gapped down before the market opened on Wednesday . The stock had previously closed at $9.36, but opened at $9.43. Rent-A-Center shares last traded at $9.54, with a volume of 375675 shares changing hands.

  • [By ]

    Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.

  • [By Shane Hupp]

    Shares of Rent-A-Center Inc (NASDAQ:RCII) have received a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $8.75.

  • [By Logan Wallace]

    OMERS ADMINISTRATION Corp decreased its holdings in shares of Rent-A-Center Inc (NASDAQ:RCII) by 52.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,200 shares of the company’s stock after selling 79,200 shares during the period. OMERS ADMINISTRATION Corp owned about 0.14% of Rent-A-Center worth $623,000 as of its most recent SEC filing.

  • [By Max Byerly]

    COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for Rent-A-Center Increased by KeyCorp (RCII)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at www.tickerreport.com/banking-finance/3350595/q1-2018-eps-estimates-for-rent-a-center-increased-by-keycorp-rcii.html.

Top 5 Cheap Stocks To Own Right Now: International Business Machines Corporation(IBM)

Advisors’ Opinion:

  • [By Timothy Green]

    International Business Machines (NYSE:IBM), Cisco Systems (NASDAQ:CSCO), and Oracle (NYSE:ORCL), despite being decades-old tech giants in a world where newer companies like Amazon.com and Netflix get all the attention, have some killer advantages that investors shouldn’t ignore.

  • [By Paul Ausick]

    The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was International Business Machines Corp. (NYSE: IBM) which traded up 2.85% at $158.65. The stock’s 52-week range is $139.13 to $182.79. Volume was about 35% above the daily average of around 4.8 million shares. The company’s stock was raised to Outperform at RBC Capital Markets this morning.

  • [By Keith Noonan, Rich Smith, and Timothy Green]

    With that in mind, we asked three Motley Fool investors to identify a top high-yield stock that’s worth holding forever. Read on to see why they picked UBS (NYSE:UBS), International Business Machines (NYSE:IBM), and AT&T (NYSE:T).

  • [By ]

    In Pirates of Silicon Valley, an old made-for-TV movie about the PC industry’s early days, the Bill Gates character quips (in reference to IBM’s (IBM) willingness to let Microsoft (MSFT)  supply the OS for its PCs) that success is a menace, since it fools smart people into thinking that they can’t lose. Bezos’s remarks, as well as those made at times by other Amazon execs, suggest Amazon puts a lot of effort into making sure the company doesn’t lose its edge on account of its success.

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