Top 5 Growth Stocks To Invest In 2018

The stock market rebounded sharply on Thursday, making up for losses earlier in the week. Major benchmarks were up around 1% following solid earnings performances from several key companies, and some optimism about the possible fate of Trump administration policy on issues like corporate tax reform also helped turn around negative sentiment from previous sessions. Strength in the labor market was also a positive, and individual stocks Select Comfort (NASDAQ:SCSS), SLM Corp. (NASDAQ:SLM), and Cliffs Natural Resources (NYSE:CLF) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

Select Comfort gets a good night’s sleep

Shares of Select Comfort jumped 28% in the wake of better quarterly results than investors had expected, as well as solid guidance for the mattress maker. The producer of the Sleep Number bed said that sales climbed 12% on comparable-store growth of 3%. Earnings more than doubled from year-ago levels, and Select Comfort raised its earnings projections for full-year 2017 by between $0.05 and $0.10 per share, hitting the $1.25 to $1.50 per share mark. CEO Shelly Ibach said that “consumers are responding enthusiastically to our brand and differentiated products,” and with the coming introduction of the Sleep Number 360 bed line, investors are excited that Select Comfort might do even better going forward.

Top 5 Growth Stocks To Invest In 2018: Buffalo Wild Wings Inc.(BWLD)

Advisors’ Opinion:

  • [By Lisa Levin]

    Buffalo Wild Wings (NASDAQ: BWLD) shares were also up, gaining 20 percent to $121.75 after the company posted better-than-expected earnings for its third quarter and raised its forecast for the full year.

  • [By WWW.THESTREET.COM]

    Meanwhile, over on Real Money, Cramer looks at the heated battle at Buffalo Wild Wings  (BWLD) and says activism still lives. Get his insight strategies with a free trial subscription to Real Money.

  • [By Rich Duprey]

    Is Netflix (NASDAQ: NFLX) original programming likeThe Crown more interesting to watch than the Golden State Warriors’ bid to run away with the NBA championship? Could be, as the movie streaming giant continues to add to its subscriber base while sports bars like Buffalo Wild Wings (NASDAQ:BWLD) lose customers quarter after quarter.

Top 5 Growth Stocks To Invest In 2018: Intuitive Surgical Inc.(ISRG)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Intuitive Surgical, Inc. (NASDAQ: ISRG) which rose over 6% to $423.76. The stocks 52-week range is $217.19 to $426.98. Volume was 1.7 million compared to its average volume of nearly 1 million.

  • [By Benzinga News Desk]

    Microsoft (NASDAQ: MSFT) Reports Q4 EPS $0.69 vs. Est. $0.58, Rev. $22.64B vs. Est. $22.14B
    Intuitive Surgical (NASDAQ: ISRG) Reports Q2 GAAP EPS $4.71, Adj. EPS $5.62 vs $4.97 Est., Sales $670.1M vs $540.7M Est.
    Halliburton (NYSE: HAL) Q2 EPS ($0.14) vs ($0.19) est, Revenue $3.84B vs $3.75B est
    Morgan Stanley (NYSE: MS) Q2 EPS $0.75 vs $0.59 est, Revenue $8.9B vs $8.3B est

  • [By Demitrios Kalogeropoulos]

    As for individual stocks, IBM (NYSE:IBM) and Intuitive Surgical (NASDAQ:ISRG) attracted heavy investor interest following their quarterly earnings releases.

  • [By Ashley Moore]

    Here is a table of the 10 most expensive stocks trading on U.S. markets today:

    Company (Ticker)Price per ShareMarket CapBerkshire Hathaway Inc. (NYSE: BRK-A)$ 257,227.52$ 419.50 billionSeaboard Corp. (NYSEMKT: SEB)$ 3,760.00$ 4.48 billionNVR Inc. (NYSE: NVR)$ 1,944.23$ 7.19 billionThe Priceline Group Inc. (Nasdaq: PCLN)$ 1,727.94$ 80.82 billionMarkel Corp. (NYSE: MKL)$ 978.51$ 13.78 billionWhite Mountains Insurance Group Ltd. (NYSE: WTM)$ 935.01$ 4.25 billionAmazon.com Inc. (Nasdaq: AMZN)$ 846.08$ 408.27 billionAlphabet Inc. (Nasdaq: GOOGL)$ 844.06$ 582.85 billionAutoZone Inc. (NYSE: AZO)$ 744.26$ 21.04 billionIntuitive Surgical Inc. (Nasdaq: ISRG)$ 735.63$ 28.41 billion

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Intuitive Surgical, Inc. (NASDAQ: ISRG) which traded down over 6% at $369.95. The stocks 52-week range is $203.57 to $405.05. Volume was1.9 million versus the daily average of about half a million shares.

Top 5 Growth Stocks To Invest In 2018: Nordstrom Inc.(JWN)

Advisors’ Opinion:

  • [By Micheal Brown]

    Nordstrom (JWN) is a high end department store that is well known in the United States of America. It was founded by John W. Nordstrom and Carl F. Wallin in the year 1901. It began as a shoe retail store but has expanded over the years to retailing clothing’s, fragrances, accessories, handbags, jewelry and cosmetics.

    In the first quarter of this year, Nordstrom had amazing miss and ugly guidance reduction; its stock even plunged low about 30% in the last month. It was reported in the first quarter of the year that Nordstrom had earnings of 26 cents per share versus forecasts for 46 cents per share. Its sales were totaled to be $3.19 billion compared to the $3.28 billion which had earlier been estimated. Comparable-store sales fell 1.7%. For the remainder of the year, Nordstrom now foresees earnings of about $2.50 to $2.70 cents a share, down from $3.10 to $3.65 a share previously. 

  • [By Ben Levisohn]

    By now, we all know retailers are facing a tough time. More and more, people are choosing to shop online, putting sales under pressure and leaving many with too many stores. Some department stores have begun to acknowledge the problems–but will they be able to adjust quickly enough in a rapidly changing landscape? Credit Suisse analyst Christian Bussand team believe this process is “well under way” but that didn’t stop them from downgrading Kohl’s (KSS) and J.C. Penney (JCP), even as they upgraded Nordstrom (JWN) and Burlington Stores(BURL). They explain why:

  • [By WWW.THESTREET.COM]

    There seems to be no cure for the rise of e-commerce, Cramer admitted to viewers, as a vicious downgrade of Nordstrom (JWN) last week sent shares reeling by more than 9%.

  • [By Ben Levisohn]

    Nordstrom (JWN) tumbled to the bottom of the S&P 500 today after getting downgraded at JPMorgan.

    Getty Images

    Nordstrom dropped 8.7% to $50.48 today, while the S&P 500 dipped 0.2% to 2,258.07.

    JPMorgan’s Matthew Boss and team explain why they cut Nordstrom to Underweight from Neutral today:

    Nordstroms top-line profile has moderated to low-to-mid single digits with mgmt citing tighter expense control as a near-term fix rather than long term model solution clarifying its mid-teens ROIC target as more an aspiration rather than near-term reality. Cutting FY18 EPS power to $3.00 (< Street at $3.27) based on flattish same-store sales the next two years (negative low-single digits Full-line offset by +LSD Rack) and modest SG&A deleverage (initial Manhattan pressure in FY17 building into FY18) partially offset by slight GPM expansion. With shares ofNordstrom up 57% the past 6 months (vs S&P 500 +13%), we downgrade to Underweight, lowering our price target to $48 based on 6.0x our 18 EBITDA (= 16.5x FY18 EPS).

    Nordstrom’s market capitalization fell to $8.8 today from $9.6 billion yesterday. It reported net income of $600 million on sales of $14.4 billion in fiscal 2016.

    Barron’s Johanna Bennett also panned Nordstrom today.

  • [By Jeremy Bowman]

    Downbeat holiday sales reports byKohl’s(NYSE:KSS) andMacy’s(NYSE:M) pushed the department store sector, and much of retail, in the red on Thursday. As of 11:38 a.m. EST, Kohl’s was down 19.5%, Macy’s was down 14.4%, and peers includingNordstrom(NYSE: JWN) andJ.C. Penney(NYSE: JCP) also tumbled, falling 9.8% and 6.7%, respectively.

Top 5 Growth Stocks To Invest In 2018: MEDIFAST INC(MED)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) still underperforming whileNutriSystem Inc (NASDAQ: NTRI) and Medifast Inc (NYSE: MED) began taking off early last year:

  • [By Peter Graham]

    Although obesity is widespread, small cap dieting stocks havetended to causeinvestor portfolios to loose weight. A long term performance chart shows small cap weight loss or dieting stocks Weight Watchers International and Reliv International, Inc (NASDAQ: RELV) stillbelow or at breakeven for longer term investors whileMedifast Inc (NYSE: MED)has performed better and NutriSystem Inc (NASDAQ: NTRI) hasfinally begun to take offearly last year:

  • [By Lisa Levin]

    In trading on Friday, non-cyclical consumer goods & services shares rose by just 0.3 percent. Meanwhile, top losers in the sector included Medifast Inc (NYSE: MED), down 5 percent, and Bridgford Foods Corporation (NASDAQ: BRID), down 6 percent.

  • [By Lee Jackson]

    These companies also reported insider buying last week: Carrizo Oil and Gas Inc. (NASDAQ: CRZO), Medifast Inc. (NYSE: MED), Medley Capital Corp. (NYSE: MCC), Occidental Petroleum Corp. (NYSE: OXY) and Sothebys (NYSE: BID).

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