Top 5 Heal Care Stocks To Buy For 2019

KR Choksey’s research report on ICICI Bank

Advances grew to INR 5123 bn, +10.4% yoy/1.4% qoq, primarily driven by retail exposure which grew 20.6% yoy/5.9% qoq. NII came at INR 60.2 bn, up 1% yoy/5.5% qoq. NIMs at 3.1% held stable qoq. The bank saw large one-off other income on account of stake sale in ICICI Securities (INR 33.2 bn) which were prudently used towards shoring up the PCR. Provisioning at INR 66.3 bn is up 1.3x yoy/86% qoq, translating into credit costs of >5% vs. 3% last quarter. Going forward, as the stress subsides, the bank has guided for normalized credit costs in the range of 80-100 bps. The bank reported a PAT of INR 10.2 bn (-50% yoy), largely weighed down by heavy provisioning expense.


With the massive reduction in the drilldown list, the focus should now shift towards effecting recoveries from the NPA pool. Though quantum of unrecognised stress at INR 133.7 bn forms about 2.6% of the loans which will continue to be monitored. Increasing share of retail, shrinking the non-lucrative international book and resolution of NPAs should aid in NIMs recovery and subsiding of stress assets should translate into lower credit costs. We value the consolidated entity on SOTP basis, valuing the bank at 1.8x FY20E ABV and adding INR 113 per share for the subs. We recommend BUY.

Top 5 Heal Care Stocks To Buy For 2019: Helmerich & Payne, Inc.(HP)

Advisors’ Opinion:

  • [By Garrett Baldwin]

    On Tuesday, the Trump administration said it would press ahead with 25% tariffs on roughly $50 billion in Chinese goods. As U.S. Trade Secretary Wilbur Ross prepares to head to Beijing to discuss trade this week, the Trump administration is demanding that China address ongoing theft of U.S. intellectual property.
    Ahead of Friday’s jobs report, Automatic Data Processing (NYSE: ADP) reported that private jobs increased by 178,000 during May. That figure was actually 12,000 behind what the markets were anticipating. Job growth appears to be slowing down as the firm also revised its jobs figure for April downward, from 204,000 new positions to 163,000.
    Three Stocks to Watch Today: KORS, HP, KMI
    Michael Kors Holdings Ltd.(NYSE: KORS) stock was off 3.2% in pre-market hours after the company reported earnings before the bell. The luxury retailer reported earnings per share (EPS) of $0.63, a figure that topped Wall Street expectations of $0.60. The firm also beat revenue expectations and reported an increase in same-store sales. However, the firm’s earnings forecast for the year ahead came in lower than expectations, a factor that pushed its stock lower on Wednesday morning.
    Shares of HP Inc. (NYSE: HP) were up slightly after the company raised its full-year outlook and topped Wall Street earnings expectations on Tuesday. The company cited stronger demand in desktops and notebooks for its financial performance. The firm matched EPS expectations of $0.48. However, revenue came in at $14.0 billion, a figure that easily beat forecasts of $13.59.
    The Canadian government announced plans to purchase the Trans Mountain pipeline from Kinder Morgan Canada Ltd. (NYSE: KML) for $3.5 billion. The Canadian government said that the deal was the only way to ensure that the long-awaited project could proceed. The pipeline runs from the Alberta oil sands to a port all the way in British Columbia along the Pacific Ocean. The pipeline is designed to give Canadian crude grea

  • [By Chris Johnson]

    Let me show you…

    I Love Helmerich & Payne Inc. (NYSE: HP) for This Coming Week

    My trading model is practically screaming to recommend this contract petroleum drilling company.

  • [By Logan Wallace]

    Helmerich & Payne, Inc. (NYSE:HP) CFO Juan Pablo Tardio sold 52,781 shares of Helmerich & Payne stock in a transaction that occurred on Friday, May 18th. The stock was sold at an average price of $72.44, for a total value of $3,823,455.64. Following the completion of the sale, the chief financial officer now owns 25,628 shares of the company’s stock, valued at $1,856,492.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

  • [By ]

    The third caller had Boeing (BA) , Helmerich & Payne (HP) , Fiat Chrysler (FCAU) , LAM Research (LRCX) and Steel Dynamics (STLD)  as her top five stocks.

Top 5 Heal Care Stocks To Buy For 2019: Carpenter Technology Corporation(CRS)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Titan International (NYSE: TWI) and Carpenter Technology (NYSE:CRS) are both industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, risk, analyst recommendations, profitability, valuation and earnings.

  • [By Logan Wallace]

    Carpenter Technology Co. (NYSE:CRS) VP Timothy Lain sold 1,007 shares of the firm’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $55.00, for a total transaction of $55,385.00. Following the completion of the transaction, the vice president now directly owns 11,288 shares of the company’s stock, valued at $620,840. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

  • [By Ethan Ryder]

    ValuEngine cut shares of Carpenter Technology (NYSE:CRS) from a buy rating to a hold rating in a research note published on Monday morning.

    Other equities research analysts also recently issued reports about the company. Cowen reiterated a buy rating and issued a $66.00 target price on shares of Carpenter Technology in a research report on Friday, June 1st. Zacks Investment Research upgraded Carpenter Technology from a sell rating to a hold rating in a research report on Monday, April 16th. Deutsche Bank boosted their target price on Carpenter Technology from $47.00 to $49.00 and gave the stock a hold rating in a research report on Wednesday, April 11th. Finally, Longbow Research downgraded Carpenter Technology from a buy rating to a neutral rating and set a $50.00 target price on the stock. in a research report on Monday, June 25th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Carpenter Technology presently has an average rating of Hold and a consensus target price of $56.50.

  • [By Max Byerly]

    Crystal Amber Fund Limited (LON:CRS) announced a dividend on Friday, July 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 19th will be given a dividend of GBX 2.50 ($0.03) per share on Friday, August 17th. This represents a yield of 1.12%. The ex-dividend date is Thursday, July 19th. The official announcement can be viewed at this link.

Top 5 Heal Care Stocks To Buy For 2019: Murphy Oil Corporation(MUR)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Murphy Oil Co. (NYSE:MUR) has earned an average rating of “Hold” from the twelve analysts that are presently covering the firm, reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $31.56.

  • [By Logan Wallace]

    Clinton Group Inc. purchased a new stake in Murphy Oil Co. (NYSE:MUR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,491 shares of the oil and gas producer’s stock, valued at approximately $489,000.

Top 5 Heal Care Stocks To Buy For 2019: Pioneer Floating Rate Trust(PHD)

Advisors’ Opinion:

  • [By Ethan Ryder]

    News headlines about Pioneer Floating Rate Trust (NYSE:PHD) have trended somewhat positive on Thursday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pioneer Floating Rate Trust earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 46.8710327510951 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Top 5 Heal Care Stocks To Buy For 2019: Banco De Chile(BCH)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Banco de Chile (BCH)

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  • [By Shane Hupp]

    Bitcoin Cash (CURRENCY:BCH) traded down 1.5% against the dollar during the 24 hour period ending at 19:00 PM E.T. on May 19th. During the last week, Bitcoin Cash has traded down 18.1% against the dollar. One Bitcoin Cash coin can now be bought for $1,184.65 or 0.14390800 BTC on major exchanges including fex, Koinex, DSX and Bitfinex. Bitcoin Cash has a total market cap of $20.30 billion and approximately $598.31 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours.

  • [By Joseph Griffin]

    Banco de Chile (NYSE: BCH) and Cr AGRICOLE S A/ADR (OTCMKTS:CRARY) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, earnings, profitability, dividends, analyst recommendations and institutional ownership.

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