Top Penny Stocks To Buy Right Now

The odds of a Fed rate hike in September just soared after U.S. Federal Reserve Chair Janet Yellen said the argument for raising interest rates has strengthened.

Yellen made the comment Friday at the Fed’s symposium in Jackson Hole, Wyo. But she wasn’t the only Fed official who spoke. Vice Chair Stanley Fisher suggested the Fed might actually raise rates twice this year. That would mean we’d see a Fed rate hike in September and another in either November or December.

According to CME’s FedWatch tool, the odds of a September rate hike are now 30%. Before last week, the odds were just 21%. The likelihood of a Fed rate hike in November is 33%. For December, odds are 44% in favor of a rate increase.

Urgent:This penny stock could soar another 100% – and also save a dying industry.Click here to learn more…

Top Penny Stocks To Buy Right Now: NRG Energy Inc.(NRG)

Advisors’ Opinion:

  • [By Craig Jones]

    Pete Najarian said that there was a big options activity in NRG Energy Inc (NYSE: NRG). Traders were aggressively buying the October 26 calls. Around 6,000 contracts were traded in the first half of the session and they were paying 65 cents for them. The trade breaks even at $26.65 or more than 11 percent above the current market price.

  • [By Lisa Levin]

    In trading on Wednesday, utilities shares fell 0.25 percent. Meanwhile, top losers in the sector included NRG Energy Inc (NYSE: NRG), down 3 percent, and Entergy Corporation (NYSE: ETR) down 1 percent.

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NRG Energy, Inc. (NYSE: NRG) which rose over 5% to $22.20. The stocks 52-week range is $9.84 to $23.36. Volume was over 35 million compared to its average volume of 5.8 million.

  • [By Ben Levisohn]

    NRG Energy (NRG) has gained 2.1% to $18.49 after getting raise to Buy from Neutral at Goldman Sachs.

    Skechers USA (SKX) has tumbled 5.4% to$28.35 after getting cut to Negative from Positive at Susquehanna.

  • [By Lisa Levin]

    Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday’s regular session.

  • [By Rich Duprey]

    I ran a screen to identify the best-performing stocks from the S&P 500 in January. The top three performers during the month were Alcoa (NYSE:AA), CSX (NASDAQ:CSX), and NRG Energy (NYSE:NRG). Let’s see why they were the big standouts and whether they can keep it going.

Top Penny Stocks To Buy Right Now: The Hackett Group Inc.(HCKT)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Wednesday, industrial shares were relative laggards, down on the day by about 0.20 percent. Meanwhile, top losers in the sector included The Hackett Group, Inc. (NASDAQ: HCKT), down 22 percent, and PC Tel Inc (NASDAQ: PCTI), down 18 percent.

Top Penny Stocks To Buy Right Now: BioDelivery Sciences International Inc.(BDSI)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Friday, our Elite Opportunity Pronewsletter suggested small cap specialty pharmaceuticalstock BioDelivery Sciences International (NASDAQ: BDSI) as a bullish/long trade:

  • [By Lisa Levin]

    In trading on Tuesday, healthcare shares fell 0.48 percent. Meanwhile, top losers in the sector included MannKind Corporation (NASDAQ: MNKD), down 10 percent, and BioDelivery Sciences International, Inc. (NASDAQ: BDSI) down 10 percent.

Top Penny Stocks To Buy Right Now: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore Drilling (DO) have dropped 13%.

  • [By Todd Shriber, ETF Professor]

    None of SQZZ's equity positions account for more than 1.9 percent of the new ETF's weight. Those positions include Dow component General Electric Company (NYSE: GE), Sprint Corp (NYSE: S), Chesapeake Energy Corporation (NYSE: CHK) and Transocean LTD (NYSE: RIG).

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Transocean Ltd. (NYSE: RIG) which traded down over 7% at $9.68. The stocks 52-week range is $8.68 to $16.66. Volume was about 19 million versus the daily average of 12.1 million shares.

  • [By Dan Caplinger]

    The stock market lost ground on Monday, sending major market benchmarks lower by more than half a percentage point. The Dow lost its grip on the 20,000 mark in the wake of concerns about economic growth and new U.S. immigration policy, and some believe that the broader geopolitical climate could have a negative impact on global commerce that in turn could start affecting multinational corporations’ business prospects. In addition, bad news from some individual companies weighed on the markets, and Transocean (NYSE:RIG), Rite Aid (NYSE:RAD), and New Gold (NYSEMKT:NGD) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.

  • [By Teresa Rivas]

    Transocean (RIG) is rising Thursday afternoon, thanks to an upbeat fourth quarter.

    Agence France-Presse/Getty Images

    The oilfield services company said it earned 63 cents a share (a figure that excludes $13 million in net unfavorable items), well ahead of the nickel a share in earnings analysts expected. Revenue fell 47.4% year over year to $974 million, also above the $806 million consensus estimate. Transocean said its contract backlog was $11.3 billion as of its February fleet status report. Raymond Jamess Praveen Narra and J. Marshall Adkins reiterated an Underperform rating on the stock following the report. They praised the companys ongoing cost controls and strong revenue efficiency, which they expect to continue. But still arent ready to recommend the stock amid a difficult macro backdrop. More detail from their note:

    Transocean continued to minimize costs and maximize efficiency amid a challenging offshore environment, reporting 4Q16 adjusted EBITDA of $414 million, higher than our estimate of $363 million and consensus of $394 million. The beat was driven by lower than expected costs of $344 million (adjusting for favorable litigation), which came in ~12% lower than our estimate of $385 million and guidance of guidance of $375-385 million. Total revenue efficiency came in at 100.3%, as it was boosted by bonus incentives and possibly effective results from the new contracting model, particularly in the high-spec jackup market. The beat to our estimates was also driven by higher than anticipated revenues, which came in at $805 million, above our estimate of $788 million, but below the consensus estimate of $812 million. We note, our adjusted revenue excludes $169 million in early termination fees during the quarter.

    The shares are up 6.6% to $14.16 in recent trading, although theyre down 4% year to date.

Leave a Reply

Your email address will not be published. Required fields are marked *