Getting things where they need to be is Manhattan Associates'(NASDAQ:MANH) business, and the supply chain logistics company has worked hard to make the most of its lucrative opportunities in serving its customers. Yet Manhattan Associates is exposed to the health of the industries it serves, and lately, the retail segment that makes up such a large portion of the company’s business has faced challenges. Coming into Tuesday’s fourth-quarter financial report, Manhattan investors wanted to see stable growth. They largely got it looking backward, but sluggish expectations for 2017 caused some nervousness among shareholders. Let’s take a closer look at Manhattan Associates to see what investors should think about its near-term future prospects.
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Manhattan Associates keeps growing — for now
Manhattan Associates’ fourth-quarter results were reasonably good. Sales climbed by more than 4% to $147.6 million, although investors had hoped to see a 6% growth rate from the supply chain specialist. Net income climbed at a more attractive 13% pace to $29.9 million, and adjusted earnings of $0.46 per share were a record for the company’s fourth quarter and topped the consensus forecast among investors by $0.03 per share.
Top 5 Clean Energy Stocks For 2018: Fortress Investment Group LLC(FIG)
Advisors’ Opinion:
- [By Dan Caplinger]
The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
Top 5 Clean Energy Stocks For 2018: Unifi, Inc.(UFI)
Advisors’ Opinion:
- [By Lisa Levin]
Unifi, Inc. (NYSE: UFI) shares were also up, gaining 18 percent to $26.92 as the company announced Q3 earnings of $0.56 per share on revenue of $161.3 million.
Top 5 Clean Energy Stocks For 2018: Clarke(t)
Advisors’ Opinion:
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was AT&T Inc. (NYSE: T) which traded down 2.2% at $40.61. The stocks 52-week range is $36.10 to $43.89. Volume was roughly 16.8 million versus the daily average of 19.2 million shares.
- [By Adam Levy]
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It was just a little more than a year ago when Comcast (NASDAQ:CMCSA) was the largest U.S. pay-TV provider. And it wasn’t even close. But after AT&T (NYSE:T) merged with DirecTV, it took over the top spot. Now, AT&T’s rival telecom company, Verizon (NYSE:VZ), is reportedly considering a megamerger of its own with Charter Communications (NASDAQ:CHTR). The move would put the combined company’s total video subscriber count very close to Comcast’s.
The potential merger points to a big hole in Comcast’s service offerings — its lack of wireless service. If customers can save money by bundling their TV, internet, and wireless bills together with its competitors, Comcast stands to lose customers. But Comcast’s management and investors shouldn’t lose sleep over the possibility that its two biggest competitors offer wireless service.
- [By Ben Levisohn]
Very strong results across the board for Dycom, with spending from its top customers only further accelerating. We’re not surprised that FQ3 guidance came in slightly ahead of expectations, as many investors had viewed their initial guidance as conservative. We are encouraged to see organic growth re-accelerating in FQ4 to the mid-teens, with its acquired Goodman asset contributing $15MM of expected revenue (up from $13.4MM in FQ2). Dycom also procured new customer awards in the quarter from AT&T (T), Comcast (CMCSA), CenturyLink (CTL) and Windstream Holdings (WIN) to support further growth. Dycom also repurchased $25MM of shares during FQ2 and authorized an additional $75MM over the next 18 months, giving Dycom $150MM of incremental repurchase authorization through August 2018
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was AT&T Inc. (NYSE: T) which traded down over 6% at $35.85. The stocks 52-week range is $35.10 to $43.03. Volume was nearly 117 million versus the daily average of 24.3 million shares.
- [By Leo Sun]
With interest rates set to rise this year, many dividend investors are likely worried that their stocks will slip as bond yields become more attractive. While some dividend stocks will inevitably decline, investors can still find some low-risk income plays that have high yields and cheap valuations. Let’s take a look at three such stocks — AT&T (NYSE:T), Cisco Systems (NASDAQ:CSCO), and Reynolds American (NYSE:RAI).
- [By Laurie Kulikowski]
T’s revenue growth has slightly outpaced the industry average of 10.3%. Since the same quarter one year prior, revenues rose by 18.6%. This growth in revenue does not appear to have trickled down to the company’s bottom line, displayed by a decline in earnings per share.
Top 5 Clean Energy Stocks For 2018: MDU Resources Group, Inc.(MDU)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Monday, utilities shares fell by 1.08 percent. Meanwhile, top losers in the sector included South Jersey Industries Inc (NYSE: SJI), down 4 percent, and MDU Resources Group Inc (NYSE: MDU), down 4 percent.
Top 5 Clean Energy Stocks For 2018: region(DGLD)
Advisors’ Opinion:
- [By Jim Robertson]
The VelocityShares 3x Inverse Gold ETN (NASDAQ: DGLD) seeks to provideshort exposure to three times (3x) the daily performance of theS&P GSCI Gold Index. As with UGLD, DGLD would be doing this viafutures contracts.
