Amazon.com Inc and Wal-Mart Stores Inc are battling for the title of “low price leader” by lowering prices.
Despite the strong sales during the Black Friday weekend, it has been a turbulent year for the U.S retail industry this year, thanks to eCommerce giant Amazon.com Inc (NASDAQ:AMZN). Retail chains like Macy’s (NYSE:M) have closed down hundreds of stores in a battle to survive. Bespoke Investment group has even constructed a “Death By Amazon” Index which includes 62 brick-and-mortar retailers whose businesses have been hurt by Amazon and internet shopping. This index has declined by around 15% this year alone. However, not all the company’s included in this index have fared badly. One of the exceptions is Bentonville, Arkansas based retail giant Wal-Mart Stores Inc (NYSE:WMT) which has delivered a strong performance this year.
Top Low Price Stocks For 2019: Thor Industries Inc.(THO)
- [By Logan Wallace]
Somerset Trust Co purchased a new position in shares of Thor Industries, Inc. (NYSE:THO) during the second quarter, HoldingsChannel.com reports. The fund purchased 3,352 shares of the construction company’s stock, valued at approximately $326,000.
- [By Stephan Byrd]
Montag A & Associates Inc. acquired a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 9,875 shares of the construction company’s stock, valued at approximately $962,000.
- [By Steve Symington]
Shares of Thor Industries Inc. (NYSE:THO) were down 12.8% as of 3:15 p.m. EDT Thursday after the recreational-vehicle specialist announced weaker-than-expected fiscal fourth-quarter 2018 earnings.
- [By Ethan Ryder]
First Allied Advisory Services Inc. lowered its position in Thor Industries, Inc. (NYSE:THO) by 20.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,104 shares of the construction company’s stock after selling 1,060 shares during the period. First Allied Advisory Services Inc.’s holdings in Thor Industries were worth $401,000 at the end of the most recent quarter.
- [By ]
LCI Industries (LCII) fell 5% on the day. Patrick Industries Inc. (PATK) dropped 4.24%. Thor Industries Inc. (THO) tanked 9.83%. Winnebago Industries Inc. (WGO) fell 8.85%.
Top Low Price Stocks For 2019: American Express Company(AXP)
- [By Shane Hupp]
Buckingham Research upgraded shares of American Express (NYSE:AXP) from a neutral rating to a buy rating in a research note issued to investors on Friday, Marketbeat.com reports. The firm currently has $112.00 target price on the payment services company’s stock, up from their prior target price of $111.00.
- [By Motley Fool Staff]
Generally speaking, when a retailer decides not to accept a certain type of credit card because of high interchange fees, American Express (NYSE:AXP) or Discover (NYSE:DFS) are the most likely to go. However, in a surprise move, some Kroger-owned (NYSE:KR) stores are no longer accepting Visa (NYSE:V) for that exact reason.
- [By Matthew Cochrane]
While there are a variety of ways to play the financial sector as an investor, these are my picks for the best financial stocks to buy in 2019.
Financial Company Bullish Elevator Pitch Market Cap
American Express (NYSE:AXP) Highest-quality cardholders in credit card industry $84.1 billion
Bank of America (NYSE:BAC) Big bank that benefits from scale and a large mobile presence $275 billion
Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) Uses float from insurance companies to fund acquisitions and investments $480 billion
Broadridge Financial (NYSE:BR) Near monopoly on its core services of providing proxy communications and processing trades for publicly traded companies $11.5 billion
JPMorgan Chase (NYSE:JPM) Large bank that benefits from scale and has a high return on equity $336 billion
Mastercard (NYSE:MA) Large payments network that enjoys a wide economic moat $202 billion
Moody’s (NYSE:MCO) Credit ratings agency that enjoys a moat based on its brand and a regulated industry $28.6 billion
Q2 Holdings (NYSE:QTWO) Operates a sticky ecosystem in a large total addressable market $2.2 billion
Visa (NYSE:V) Largest payments network; enjoys a vast moat from scale with high operating margin $302 billion
Market cap data: Google Finance
- [By Joseph Griffin]
Investors sold shares of American Express (NYSE:AXP) on strength during trading on Monday. $54.63 million flowed into the stock on the tick-up and $94.28 million flowed out of the stock on the tick-down, for a money net flow of $39.65 million out of the stock. Of all equities tracked, American Express had the 33rd highest net out-flow for the day. American Express traded up $0.10 for the day and closed at $109.00
- [By Matthew Cochrane]
When the American Express Company (NYSE:AXP) lost Costco Wholesale as a corporate partner in early 2016, shares of the iconic credit card company tanked as investors wondered how the company was going to fill the huge void left by the significant percentage of members who held its Costco-branded card. Now, just two years removed from the fiasco, the company’s stock price has largely recovered and is well on its way to seeing new all-time highs. Even a cursory glance at the company’s first-quarter results shows that its performance is what’s powering this upward movement.
- [By Shah Gilani]
In a determined effort to stay ahead of competing mobile messaging services, Facebook has been hard at work trying to transform Messenger into a unique customer service and commerce hub. For example:
Messenger already has a partnership with American Express Co. (NYSE: AXP) that Facebookers can use to contact the high-end card company’s representatives. A year ago, Facebook cut a deal with PayPal Holdings Inc. (Nasdaq: PYPL) that allows users to send money through Messenger. And for some time now, Mastercard Inc. (NYSE: MA) cardholders have been able to place online orders with some merchants through Messenger using the card company’s Masterpass digital wallet.
For Facebook, the magic elixir is getting all kinds of customers transacting through one of its commerce portals, which to date is primarily Messenger.
Top Low Price Stocks For 2019: Nuance Communications Inc.(NUAN)
- [By Ethan Ryder]
Nuance Communications (NASDAQ:NUAN) had its price objective cut by Stifel Nicolaus from $18.00 to $15.00 in a report issued on Thursday. The brokerage currently has a “hold” rating on the software maker’s stock. Stifel Nicolaus’ target price indicates a potential upside of 15.03% from the company’s current price.
- [By Max Byerly]
Nuance Communications Inc. (NASDAQ:NUAN) insider Daniel David Tempesta sold 3,000 shares of Nuance Communications stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of $16.75, for a total transaction of $50,250.00. Following the transaction, the insider now directly owns 329,883 shares in the company, valued at $5,525,540.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
MDC Partners Inc. (NASDAQ: MDCA) fell 23.4 percent to $5.25 in pre-market trading after a first-quarter earnings miss.
Hudson Technologies Inc. (NASDAQ: HDSN) shares fell 15.1 percent to $3.48 in pre-market trading after the company reported downbeat Q1 earnings.
Nuance Communications, Inc. (NASDAQ: NUAN) fell 14 percent to $13.15 in pre-market trading after the company posted downbeat Q2 earnings and lowered FY18 organic growth guidance.
Myomo, Inc. (NYSE: MYO) fell 13.2 percent to $3.10 in pre-market trading after reporting downbeat quarterly results.
Rowan Companies plc (NYSE: RDC) shares fell 10.7 percent to $14.13 in pre-market trading after climbing 8.50 percent on Wednesday.
BT Group plc (NYSE: BT) fell 9 percent to $14.80 in pre-market trading after the company reported Q4 results and announced plans to cut 13,000 jobs over the next three years.
Exelixis, Inc. (NASDAQ: EXEL) fell 8.3 percent to $19.90 in pre-market trading after the company disclosed that IMblaze370 Phase 3 pivotal trial of atezolizumab and cobimetinib in patients with heavily pretreated locally advanced or metastatic colorectal cancer did not meet primary endpoint.
Infinera Corporation (NASDAQ: INFN) fell 8.2 percent to $10.80 in pre-market trading after reporting Q1 results.
Synaptics, Incorporated (NASDAQ: SYNA) shares fell 7.4 percent to $43.00 in pre-market trading. Synaptics reported better-than-expected earnings for its third quarter, while sales missed estimates.
Randgold Resources Limited (NASDAQ: GOLD) shares fell 7.4 percent to $76.23 in pre-market trading after reporting Q1 earnings.
Integra LifeSciences Holdings Corporation (NASDAQ: IART) shares fell 7 percent to $59.36 in pre-market trading. Integra LifeSciences priced its 5.25 million share public offering of common stock at $58.50 per share.
Array BioPharma Inc. (NASDAQ: ARRY) shares fell 6.9 percent to $12.75 in pre-m
- [By Dan Caplinger]
In order to use artificial intelligence effectively, communication is essential, and Nuance Communications (NASDAQ:NUAN) has a long history in the area of letting people use natural language to interact with technology. Yet even though the scope of its addressable market is huge, Nuance hasn’t lived up to its potential. After expending a lot of effort looking outward to try to find the most lucrative opportunities for growth, the tech company decided to refocus its efforts internally. It knows that in order to sustain its competitive advantage, it needs to use its lead to push forward with groundbreaking technological innovations.
Top Low Price Stocks For 2019: Reliv’ International Inc.(RELV)
- [By Ethan Ryder]
Headlines about Reliv International (NASDAQ:RELV) have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Reliv International earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5816094320485 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Top Low Price Stocks For 2019: Dr. Reddy’s Laboratories Ltd(RDY)
- [By Keith Speights]
Investors’ biggest worry about Celgene is that it might not have as much time as hoped to replace the revenue that Revlimid generates: Dr. Reddy’s Laboratories (NYSE:RDY) is challenging Celgene’s patents for Revlimid.
- [By Keith Speights]
The third reason behind Celgene’s low valuation is a potential threat to the biotech’s top drug Revlimid. Celgene is fighting a patent challenge over Revlimid from Dr. Reddy’s Laboratories (NYSE:RDY). The hematology drug currently generates 63% of Celgene’s total revenue.
- [By Lisa Levin] Companies Reporting Before The Bell
Advance Auto Parts, Inc. (NYSE: AAP) is projected to report quarterly earnings at $1.97 per share on revenue of $2.91 billion.
Kohl's Corporation (NYSE: KSS) is expected to report quarterly earnings at $0.5 per share on revenue of $3.95 billion.
The TJX Companies, Inc. (NYSE: TJX) is projected to report quarterly earnings at $1.02 per share on revenue of $8.47 billion.
AutoZone, Inc. (NYSE: AZO) is estimated to report quarterly earnings at $13.01 per share on revenue of $2.72 billion.
Dycom Industries, Inc. (NYSE: DY) is projected to report quarterly earnings at $0.7 per share on revenue of $734.86 million.
Eaton Vance Corp. (NYSE: EV) is estimated to report quarterly earnings at $0.79 per share on revenue of $425.42 million.
Photronics, Inc. (NASDAQ: PLAB) is expected to report quarterly earnings at $0.07 per share on revenue of $124.17 million.
Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is estimated to report quarterly earnings at $1.93 per share on revenue of $715.15 million.
Radcom Ltd. (NASDAQ: RDCM) is expected to post quarterly earnings at $1.96 per share on revenue of $718.59 million.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is projected to report quarterly earnings at $0.04 per share on revenue of $718.96 million.
CYREN Ltd. (NASDAQ: CYRN) is estimated to report quarterly loss at $0.08 per share on revenue of $7.72 million.
Ferroglobe PLC (NYSE: GSM) is projected to report quarterly earnings at $0.16 per share on revenue of $559.15 million.
Dr. Reddy's Laboratories Limited (NYSE: RDY) is estimated to report earnings for its fourth quarter.
BioLineRx Ltd. (NASDAQ: BLRX) is expected to report quarterly loss at $0.07 per share.
Toll Brothers, Inc. (NYSE: TOL) is estimated to post quarterly earnings at $0.76 per share on revenue of $1.58 billion.
- [By Shane Hupp]
Dr.Reddy’s Laboratories (NYSE:RDY) was upgraded by analysts at ValuEngine from a sell rating to a hold rating.
Regenxbio (NASDAQ:RGNX) was upgraded by analysts at ValuEngine from a buy rating to a strong-buy rating.