Top Undervalued Stocks To Buy For 2018

Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.

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Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for $3.86, according to FactSet. The company lowered its full-year core EPS guidance to $14-$14.25 from $14.25-$14.75.

In a market like this, a perceived miss means youre gonna have a reaction, he said in an interview with Barrons after earnings were released. Its usually temporary. I suspect this will be as well. At this level were hugely undervalued.

The companys costs in the U.K. jumped because of the weakness of the currency there since Brexit, which made appliances they imported from other countries more expensive (about 85% of the appliances they sell in U.K. are imported). When Whirlpool adjusted by raising prices in Britain, customers initially balked, Fettig said. The currency drop and demand weakness caused earnings to fall by $40 million sapping about 40 cents per share from profits, he said.

Top Undervalued Stocks To Buy For 2018: Samsung Electronics Co. Ltd. (SSNLF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    From the shareholder letter, “This past quarter, we gained momentum in digital headsets as customer engagements and development activities were robust. .” Included in those wins is a leading headset OEM, perhaps it’s with Bose. The company also noted that the integrated high-speed USB codec began sampling with strong interest for USB-C digital headsets and adaptors. Commenting, “we expect design activity to accelerate throughout the year as more Android smartphones transition to the USB-C interface and remove the 3.5mm jack. .” Cirrus also began shipping a codec into a new headset designed for life and fitness applications. Commenting on market size opportunities, the company added home runs still exist, (likely Samsung (OTC:SSNLF), Huawei) plus multiple base hits.

  • [By SEEKINGALPHA.COM]

    One article detailing the Watch’s progress recently reported that research firm IDC stated Apple saw a 71% decline in Watch sales in calendar Q3 2016 compared to the prior-year period. As seen in the table below, the wearables segment actually increased its unit shipments despite Apple’s drop, thanks to gains from Fitbit (NYSE:FIT), Samsung (OTC:SSNLF), Garmin (NASDAQ:GRMN), and others.

  • [By Leo Sun]

    That’s why many memory-chip stocks rallied over the past year. Let’s look at three promising plays in this cyclical market — Micron Technology (NASDAQ:MU), Samsung Electronics (NASDAQOTH:SSNLF), and Western Digital (NASDAQ:WDC) — and see if they can continue rising in 2017.

  • [By Leo Sun]

    By comparison, Sony (NYSE:SNE) was expected to sell about 2.6 million PlayStation VRs, and Samsung (NASDAQOTH:SSNLF) was expected to sell 2.3 million Gear VRs. Even Google’s new Daydream platform was projected to fuel sales of 450,000 compatible handsets. Those numbers clearly indicate that consumer demand for cheaper devices linked to smartphones or gaming consoles could continue outselling higher-end devices tethered to pricier PCs — which would be bad news for Oculus.

  • [By Anders Bylund, Chuck Saletta, and Brian Feroldi]

    According to comments by Universal Display CEO Steve Abramson, Samsung (NASDAQOTH:SSNLF) is pouring $9 billion into building OLED production facilities this year. LG Display (NYSE:LPL) expects more than half of its 2020 revenues to come from OLED panels. The OLED TV market is expected to grow sixfold in the next four years, and the lighting panel market is only just getting started.

  • [By Leo Sun]

    Sony’s profitability has declined in recent quarters due to the weak performance of its mobile and movie making units. However, the stock trades with an EV/Sales ratio of 0.5 — making it very cheap relative to peers like Samsung (NASDAQOTH:SSNLF), which has anEV/Sales ratio of 1.

Top Undervalued Stocks To Buy For 2018: The Blackstone Group L.P.(BX)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Sanchez Energy’s stock has continued to run higher in 2017 and is up nearly 50% since the start of the year. Fueling that surge is the announcement that the company found an exceptional place to put its liquidity to work. In mid-January, the company unveiled a strategic partnership with a private equity giant, Blackstone Group (NYSE:BX), to acquire Anadarko Petroleum’s (NYSE:APC) Eagle Ford shale assets for $2.3 billion. Under the terms of the deal, Sanchez and Blackstone entered a 50-50 partnership to own the Anadarko assets, which consist of 155,000 net acres that currently produce 67,000 BOE/D and hold more than 4,000 drilling locations that are economic at current prices. Sanchez will finance its share of the deal with cash on hand, a new bank lending arrangement, and a preferred equity issuance to Blackstone’s credit arm.

  • [By WWW.THESTREET.COM]

    Private equity giant Blackstone (BX) on Saturday announced that Saudi Arabia would invest $20 billion in a new $40 billion infrastructure fund for projects mainly in the United States. On Sunday, Boeing (BA) said it had signed several defense and commercial deals with Saudi Arabia. Trump was referenced in both deal announcements.

  • [By WWW.MONEYSHOW.COM]

    Of the ten PE companies that I follow, Blackstone Group LP (BX) is by far and away the largest publicly traded private equity partnership with a $35 billion market cap, but also the best positioned to benefit from all the catalysts noted within.

Top Undervalued Stocks To Buy For 2018: Ternium S.A.(TX)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Shares of Ternium SA (NYSE:TX) jumped on Wednesday: up more than 10% by 2:30 p.m. EST. While the steelmaker reported weaker-than-expected earnings after the closing bell yesterday, it provided optimistic guidance and announced a compelling acquisition.

Top Undervalued Stocks To Buy For 2018: Abeona Therapeutics Inc.(ABEO)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Thursday, our Under the Radar Moversnewsletter suggested shorting small cap rare disease stock Abeona Therapeutics Inc (NASDAQ: ABEO):

    Abeona Therapeutics is clearly a timing trade – we think today’s something of a blowoff top, marked by a volume surge and the fact that the stock’s already peeling back from its peak; the profit-takers are already going to work. We saw a similar surge on Tuesday, and though that one didn’t end up kick-starting a pullback, it helped set up today’s reversal bar (by virtue of luring in the last of the would-be buyers). There’s just not a lot of room left for more upside.

  • [By Jim Robertson]

    Small and micro cap stocks can obviously be a fickle bunch, but I sure hope all of you participated in Abeona Therapeutics Inc. (ABEO) back when we first put the idea out there in early June. What a tremendous stock this has been for all of us, and it’s not like this happens all of the time.

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