As financial markets brace for a clash between Rome and Brussels over the coming budget, some are pointing to a debt auction on Thursday as a litmus test of whether investors will continue to snap up on one of the highest yielding government bonds within the eurozone.
A fresh influx of Italian debt supply may be ill-timed for investors who have balked at the new Italian government’s strident rhetoric on fiscal easing, a development that has troubled the European Union and credit ratings firms. Though, the recent selloff has helped to cheapen the country’s bonds, their weakness reflects growing concerns that the Italian government will follow through with an unrealistic 2019 budget outline which will widen the deficit in violation of the EU’s strict fiscal rules.
Top Cheap Stocks To Own Right Now: Sirius XM Radio Inc.(SIRI)
- [By Steve Symington, Reuben Gregg Brewer, and Sean Williams]
So, we asked three top Motley Fool contributors to each find a growth stock for the long term. Read on to learn why they like 2U (NASDAQ:TWOU), Sirius XM (NASDAQ:SIRI), and Eaton (NYSE:ETN).
- [By Rick Munarriz]
We’re now more than a year removed from when Sirius XM Radio (NASDAQ:SIRI) abandoned plans to buy Pandora outright, taking a minority stake instead. Now that streaming stocks in general and Pandora in particular are hot again, it wouldn’t be a surprise if Sirius XM or any tech giant wanting an audience of more than 70 million streaming accounts snaps up Pandora.
- [By Motley Fool Staff]
In this segment from Motley Fool Money, host Chris Hill asks analysts David Kretzmann, Seth Jayson, and Jason Moser to share the companies they have their eyes on this week, and why. Their picks are not entirely bullish: Of satellite radio provider Sirius XM (NASDAQ:SIRI), RV maker Thor Industries (NYSE:THO), and mailing and shipping solutions provider Stamps.com (NASDAQ:STMP), only two are recommendations. The third…well, listen in and find out.
- [By Chris Hill]
Lastly, the Fools answer a classic question from a listener: “When should an investor start taking profits on a multibagger stock? Or should he just hold on forever?” Since the answer to this depends a lot on the company, they both talk generally and address the case of the listener’s stock — Sirius XM (NASDAQ:SIRI) — which is up around 500% since he bought it.
- [By Joseph Griffin]
Swiss National Bank cut its position in Sirius XM Holdings (NASDAQ:SIRI) by 13.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,157,758 shares of the company’s stock after selling 818,600 shares during the period. Swiss National Bank owned about 0.11% of Sirius XM worth $32,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Chris Lange]
It was announced on Monday that Pandora Media Inc. (NYSE: P) would be acquired by Sirius XM Holdings Inc. (NASDAQ: SIRI). While this deal might look good at first glance, one analyst believes that Pandora shareholders will shoot down any acquisition hopes.
Top Cheap Stocks To Own Right Now: Compass Minerals Intl Inc(CMP)
- [By Ethan Ryder]
Compass Minerals International (NYSE:CMP) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.
- [By Jordan Wathen, Matthew Frankel, CFP, and Dan Caplinger]
Here, three Fool.com contributors share why they believe Compass Minerals (NYSE:CMP), Chubb (NYSE:CB), and Realty Income (NYSE:O) exhibit the kind of traits found in many of Buffett’s best investments.
- [By Max Byerly]
Shares of Compass Minerals International, Inc. (NYSE:CMP) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $74.33.
- [By Reuben Gregg Brewer]
Compass Minerals International, Inc. (NYSE:CMP) is often listed as a miner, but the salt and fertilizer it produces are a bit different than what most investors think of when they hear the word “miner.” That makes Compass something of an odd duck and results in it being off of most investors’ radar screens. A tough 2017 is another net negative. That’s a shame, since it currently sports a yield of more than 4.4%, and the business outlook is improving. Here’s what investors are missing out on with this high-yield stock.
Top Cheap Stocks To Own Right Now: Rent-A-Center Inc.(RCII)
- [By Shane Hupp]
An issue of Rent-A-Center Inc (NASDAQ:RCII) bonds fell 1% against their face value during trading on Thursday. The high-yield issue of debt has a 6.625% coupon and will mature on November 15, 2020. The debt is now trading at $99.07 and was trading at $100.50 one week ago. Price moves in a company’s bonds in credit markets often predict parallel moves in its stock price.
- [By Ethan Ryder]
ValuEngine upgraded shares of Rent-A-Center (NASDAQ:RCII) from a hold rating to a buy rating in a report issued on Tuesday.
A number of other research firms have also issued reports on RCII. TheStreet upgraded shares of Rent-A-Center from a d+ rating to a c- rating in a research note on Monday, July 9th. BidaskClub upgraded shares of Rent-A-Center from a hold rating to a buy rating in a research note on Friday, August 3rd. Zacks Investment Research upgraded shares of Rent-A-Center from a hold rating to a buy rating and set a $17.00 price objective on the stock in a research note on Wednesday, July 4th. Janney Montgomery Scott lowered shares of Rent-A-Center from a buy rating to a neutral rating in a research note on Monday, June 18th. Finally, Northcoast Research lowered shares of Rent-A-Center from a buy rating to a neutral rating in a research note on Tuesday, June 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Rent-A-Center presently has a consensus rating of Hold and a consensus target price of $11.00.
- [By Chris Lange]
Rent-A-Center Inc. (NASDAQ: RCII) shares made an incredible gain on Monday after the company announced that it would be taken private by Vintage Rodeo Parent, an affiliate of Vintage Capital Management.
- [By Shane Hupp]
Rent-A-Center Inc (NASDAQ:RCII) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 21,844,410 shares, a drop of 21.9% from the May 31st total of 27,979,079 shares. Based on an average daily volume of 5,032,779 shares, the short-interest ratio is presently 4.3 days. Currently, 45.0% of the shares of the stock are short sold.
Top Cheap Stocks To Own Right Now: Kohl’s Corporation(KSS)
- [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 Rich Duprey]
Four months after J.C. Penney (NYSE:JCP) lost its CEO to Lowe’s when Marvin Ellison jumped ship, the troubled department store chain found a replacement. Taking over the helm is Jill Soltau, the former president and CEO of craft-store chain JoAnn Fabrics, who has several decades of experience in the retail industry, including stints at Sears and Kohl’s (NYSE: KSS).
- [By Stephan Byrd]
Shares of Kohl’s Co. (NYSE:KSS) have received an average recommendation of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $77.33.
- [By ]
Smith added that the Best Buy-Amazon alliance could be positive, likening it to Kohl’s Corp.’s (KSS) deal with Amazon last year, in which Kohl’s featured Amazon’s Echo and other smart-home products in its stores. It also allowed Amazon returns at certain locations.
- [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 Jim Crumly]
As for individual stocks, Toll Brothers surprised analysts with its second-quarter results and Kohl’s Corporation (NYSE:KSS) reported a big profit gain on robust sales.