Top Medical Stocks To Watch For 2019

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Can I deduct the cost of styling photos for my Instagram account?

Can I deduct moving expenses for my dog?

Can I deduct the cost of covering up a tattoo to keep my job?

I get lots of questions like the ones above from taxpayers throughout the year. My answer is usually, “It depends.” That’s because facts and circumstances matter: tax deductibility may hinge on such specifics as what you do for a living, where you live, and whether you have a diagnosed medical condition.

For the record, my answers to these specific questions:

I don’t know, are you Beyoncé?

Your dog is considered property so you can deduct those costs so long as you otherwise meet the criteria for moving expenses.

No, it’s considered a personal expense, but do it anyway if you need to keep your job. Or switch jobs.

Top Medical Stocks To Watch For 2019: Summit Midstream Partners, LP(SMLP)

Advisors’ Opinion:

  • [By Max Byerly]

    Several hedge funds and other institutional investors have recently modified their holdings of the company. Brookfield Asset Management Inc. acquired a new position in Summit Midstream during the 4th quarter valued at approximately $29,625,000. First Trust Advisors LP boosted its position in Summit Midstream by 1.5% during the 4th quarter. First Trust Advisors LP now owns 415,255 shares of the pipeline company’s stock valued at $8,513,000 after purchasing an additional 6,242 shares during the period. HMI Capital LLC boosted its position in Summit Midstream by 12.7% during the 4th quarter. HMI Capital LLC now owns 5,806,686 shares of the pipeline company’s stock valued at $119,037,000 after purchasing an additional 652,422 shares during the period. Kayne Anderson Capital Advisors LP boosted its position in Summit Midstream by 5.5% during the 4th quarter. Kayne Anderson Capital Advisors LP now owns 3,329,950 shares of the pipeline company’s stock valued at $68,258,000 after purchasing an additional 172,380 shares during the period. Finally, Neuberger Berman Group LLC boosted its position in Summit Midstream by 326.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 105,399 shares of the pipeline company’s stock valued at $2,108,000 after purchasing an additional 80,660 shares during the period. Institutional investors and hedge funds own 50.37% of the company’s stock.

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    About Summit M

  • [By Matthew DiLallo]

    Meanwhile, ExxonMobil’s XTO subsidiary agreed to dedicate natural gas produced from two counties in New Mexico to Summit Midstream Partners (NYSE:SMLP) last July. Summit is currently investing $110 million in building out a natural gas gathering and processing system to serve new wells in that area, which should be in service this month. In addition, Summit has proposed a long-haul pipeline to move gas out of the region, which would cost up to $450 million and could help support Exxon’s growing gas output from the area.

  • [By Max Byerly]

    Summit Midstream Partners (NYSE:SMLP) released its quarterly earnings data on Thursday. The pipeline company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.30), MarketWatch Earnings reports. Summit Midstream Partners had a return on equity of 12.62% and a net margin of 17.59%. The business had revenue of $117.32 million during the quarter, compared to the consensus estimate of $106.68 million.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Summit Midstream Partners (SMLP)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Matthew DiLallo]

    Another possible opportunity for Kinder Morgan is partnering with other companies that need funding for projects they’re developing in the region. One example is Summit Midstream Partners’ (NYSE:SMLP) proposed Double E Pipeline project. Summit envisions it moving upwards of 1.0 BCF/D of gas from the Permian to a hub in Texas. The $400 million to $450 million project is too large for Summit to finance on its own, which is why it’s evaluating alternatives, including looking for financial partners. Meanwhile, Targa Resources recently secured another $500 million of Permian expansion projects, and now expects to invest more than $2.4 billion into the Basin over the next few years. While the company has secured funding for a large portion of that, it still needs more, and it could choose to bring on a partner like Kinder Morgan to provide it.

Top Medical Stocks To Watch For 2019: Seaspan Corporation(SSW)

Advisors’ Opinion:

  • [By Maxx Chatsko]

    Rental rates aren’t the only thing gaining momentum. Several companies are demonstrably stronger today, including containership leader Seaspan (NYSE:SSW). The investor favorite has made moves to strengthen its long-term prospects just in time to capitalize on rebounding global demand for shipping vessels of nearly every size. Throw in the purchase of a Chinese joint venture, which injected youthful vessels and new contracts into the business, and a $500 million investment from a major shareholder, and it’s easy to see why shares are up 80% in the last year alone.

  • [By ]

    Seaspan (SSW) : “No, this one has moved up too much.”

    Criticare Systems Inc (CMD) : “This stock has moved so much. I like Thermo Fisher Scientific (TMO) a little better.”

  • [By Maxx Chatsko]

    That helps to explain why shares of Seaspan Corporation (NYSE:SSW) and Diana Shipping (NYSE:DSX) are up 36% and 28%, respectively, since the beginning of April. Both performances easily beat the 5% return of the S&P 500 in that span. However, even the healthy gains made recently don’t come close to erasing the losses accumulated in recent years, as both shipping leaders are down over 34% in the last three-year period.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on SEASPAN Corp/SH SH (SSW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Matthew DiLallo]

    Shares of Seaspan Corp (NYSE:SSW) have been on fire in 2018, rocketing 50.8% through the end of June, according to data provided by S&P Global Market Intelligence. Several factors helped drive the rebound.

Top Medical Stocks To Watch For 2019: Lakeland Financial Corporation(LKFN)

Advisors’ Opinion:

  • [By Shane Hupp]

    Vaughan Nelson Investment Management L.P. lifted its position in shares of Lakeland Financial Co. (NASDAQ:LKFN) by 3.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 878,934 shares of the financial services provider’s stock after purchasing an additional 30,687 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 3.48% of Lakeland Financial worth $40,634,000 as of its most recent filing with the Securities and Exchange Commission.

Top Medical Stocks To Watch For 2019: Paylocity Holding Corporation(PCTY)

Advisors’ Opinion:

  • [By Logan Wallace]

    Paylocity Holding (NASDAQ:PCTY) CEO Steven R. Beauchamp sold 80,000 shares of the business’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $55.37, for a total value of $4,429,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

  • [By Brian Feroldi]

    Lately, on Industry Focus: Tech, we’ve focused on the megacap businesses that have been dominating the news — at the cost of shedding some light on smaller companies with massive growth potential. In this week’s episode, host Dylan Lewis talks with Fool.com contributorBrian Feroldi about three ultra-compelling small-cap tech companies: HubSpot (NYSE:HUBS), AppFolio (NASDAQ:APPF), and Paylocity (NASDAQ:PCTY).

  • [By Ethan Ryder]

    News articles about Paylocity (NASDAQ:PCTY) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Paylocity earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 45.7246636887572 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

  • [By Motley Fool Staff]

    Paylocity (NASDAQ:PCTY) is looking to change all of that. The company’s cloud-based platform was built from the ground up to provide users with an easy-to-use, mobile-focused solution. Paylocity has been grabbing market share away from the industry giants ever since.

Top Medical Stocks To Watch For 2019: Innovative Industrial Properties, Inc. (IIPR)

Advisors’ Opinion:

  • [By Max Byerly]

    Innovative Industrial (NYSE: IIPR) and Terreno Realty (NYSE:TRNO) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, valuation, profitability, earnings and risk.

  • [By Sean Williams]

    If you want exposure to the fast-paced marijuana industry without the ups and downs that could come with harvesting the plant, small-cap real estate investment trust (REIT) Innovative Industrial Properties (NYSE:IIPR) could be a winner.

  • [By Sean Williams]

    Yet, there are far more ways for investors to “get their fix” of the cannabis industry than by purchasing companies that directly handle the plant. The ancillary market could deliver even more impressive growth, and one such company that may be worth a spot on your radar is real estate investment trust (REIT) Innovative Industrial Properties (NYSE:IIPR).

  • [By Lisa Levin]

    Wednesday morning, the real estate shares surged 0.67 percent. Meanwhile, top gainers in the sector included Innovative Industrial Properties, Inc. (NYSE: IIPR), up 5 percent, and Armada Hoffler Properties, Inc. (NYSE: AHH) up 3 percent.

  • [By Spencer Israel]

    Innovative Industrial Properties, Inc. (NYSE: IIPR)

    Up 3.5 percent YTD

    Like a lot of cannabis stocks, IIPR sold off in January and February. Unlike most of them, it has gained back all its recent losses.

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