Top High Tech Stocks To Watch Right Now

Let’s face it, when you’re hot, everyone wants a piece of you. That’s how a lot of companies feel as they decide to take their companies public. But, does it pay off for you, the investor? Well, sometimes, but first you have to be able to get the shares. For example, Snap, Inc. trading under the ticker SNAP, priced its 200 million share public offering yesterday at $17 a share, became completely oversubscribed, and today is trading at a 40 percent premium. 

Monitors display Snap Inc. signage on the floor of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, U.S., on Thursday, March 2, 2017. Michael Nagle/Bloomberg

What strategies can you consider if you’re eyeing that company going public soon?

Top High Tech Stocks To Watch Right Now: Helmerich & Payne, Inc.(HP)

Advisors’ Opinion:

  • [By Max Byerly]

    Here are some of the media headlines that may have effected Accern Sentiment’s rankings:

    Get Helmerich & Payne alerts:

    YieldBoost Helmerich & Payne From 4.2% To 8.4% Using Options (nasdaq.com) HP Stock Crowded With Sellers (nasdaq.com) Helmerich & Payne – In Need Of A Better Profit Margin (seekingalpha.com) Crude Oil Futures: Drivers on June 4–8 (finance.yahoo.com) Brokerages Expect Helmerich & Payne, Inc. (HP) Will Announce Quarterly Sales of $614.29 Million (americanbankingnews.com)

    A number of equities research analysts have issued reports on the stock. ValuEngine upgraded shares of Helmerich & Payne from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Zacks Investment Research cut shares of Helmerich & Payne from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. TheStreet cut shares of Helmerich & Payne from a “b-” rating to a “c” rating in a report on Thursday, April 26th. Credit Suisse Group upped their price objective on shares of Helmerich & Payne from $51.00 to $63.00 and gave the company a “market perform” rating in a research report on Friday, April 27th. Finally, Susquehanna Bancshares raised shares of Helmerich & Payne from a “neutral” rating to a “positive” rating and upped their price objective for the company from $42.16 to $75.00 in a research report on Friday, March 9th. Five analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $58.42.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Helmerich & Payne (HP)

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  • [By Stephan Byrd]

    Brookstone Capital Management lowered its position in shares of Helmerich & Payne, Inc. (NYSE:HP) by 21.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,802 shares of the oil and gas company’s stock after selling 20,141 shares during the quarter. Brookstone Capital Management’s holdings in Helmerich & Payne were worth $4,833,000 as of its most recent SEC filing.

  • [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

Top High Tech Stocks To Watch Right Now: General American Investors, Inc.(GAM)

Advisors’ Opinion:

  • [By Max Byerly]

    Gambit (CURRENCY:GAM) traded 7.4% lower against the US dollar during the 1 day period ending at 15:00 PM ET on September 4th. One Gambit token can now be purchased for about $4.78 or 0.00064993 BTC on popular exchanges. Gambit has a market cap of $5.52 million and $2,335.00 worth of Gambit was traded on exchanges in the last 24 hours. Over the last week, Gambit has traded 12.6% higher against the US dollar.

  • [By Joseph Griffin]

    Gambit (GAM) is a PoW/PoS token that uses the Scrypt hashing algorithm. Its genesis date was May 5th, 2015. Gambit’s total supply is 2,599,999 tokens and its circulating supply is 1,154,053 tokens. Gambit’s official Twitter account is @gambitcrypto. The official website for Gambit is www.gambitcrypto.com.

Top High Tech Stocks To Watch Right Now: DoubleLine Opportunistic Credit Fund(DBL)

Advisors’ Opinion:

  • [By Logan Wallace]

    Doubleline Opportunistic Credit Fund common stock (NYSE:DBL) announced a monthly dividend on Friday, June 1st, Zacks reports. Investors of record on Thursday, June 14th will be paid a dividend of 0.167 per share by the investment management company on Friday, June 29th. This represents a $2.00 dividend on an annualized basis and a yield of 9.41%. The ex-dividend date is Wednesday, June 13th.

  • [By Joseph Griffin]

    Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, October 1st, NASDAQ reports. Stockholders of record on Thursday, October 11th will be paid a dividend of 0.167 per share by the investment management company on Wednesday, October 31st. This represents a $2.00 annualized dividend and a dividend yield of 9.98%. The ex-dividend date of this dividend is Wednesday, October 10th.

  • [By Max Byerly]

    News headlines about Doubleline Opportunistic Credit Fund common stock (NYSE:DBL) have been trending somewhat positive on Monday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Doubleline Opportunistic Credit Fund common stock earned a news impact score of 0.04 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 47.2090833571026 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Top High Tech Stocks To Watch Right Now: Energy Select Sector SPDR ETF (XLE)

Advisors’ Opinion:

  • [By Logan Wallace]

    Colonial Trust Advisors decreased its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 23.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,094 shares of the exchange traded fund’s stock after selling 1,266 shares during the period. Colonial Trust Advisors’ holdings in Energy Select Sector SPDR were worth $276,000 as of its most recent SEC filing.

  • [By ]

    Markets were mixed on Wednesday and then surged higher in afternoon trading, led by the energy sector as oil prices rose following President Trump’s withdrawal from the Iran nuclear deal. Exxon Mobile (XOM) and Chevron (CVX) led the way, and the Energy Select Sector SPDR Fund  (XLE)  posted solid gains.

  • [By Jim Crumly]

    Energy stocks rallied, with the Energy Select Sector SPDR ETF (NYSEMKT:XLE) up 1.7%. Consumer stocks lost some ground; the SPDR S&P Retail ETF (NYSEMKT:XRT) slipped 0.7%.

  • [By Chris Johnson]

    Yesterday, I recommended SPDR Energy Select Sector ETF (NYSE Arca: XLE) shares as one of the “Best in Breed,” a screaming buy according to my proprietary system.

  • [By Jim Crumly]

    Technology shares led the market, with the Vanguard Information Technology ETF (NYSEMKT:VGT) advancing 1.2%. Crude oil prices moved lower, dragging down the energy sector; the Energy Select Sector SPDR ETF (NYSEMKT:XLE) fell 1.4%.

  • [By ]

    Tech still has the reins when it comes to leadership for this tape, though this looked a bit shaky over the past three days. Trader talk has surfaced about a rotation out of the sector, namely the large-cap names (the FAANGs and the SOX heavyweights), and into financials and energy over the past three days. We’ve seen some of this materialize in that timespan: FB -2%, GOOGL -1.6%, NFLX -1.4%, SOX -1.1%, AAPL -0.8% vs the KBW Bank index (BKX) +2.4%, thanks to the 10-year yield crawling back to 3%, and the energy SPDR ETF (XLE) gaining 1.8% with the crude pullback subsiding.

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