Amazon Stock Is Finally Breaking Out

Amazon (NASDAQ:AMZN) stock sat out most of the rally over the past few months. However, it wasn’t alone. Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) also didn’t join the rally, leaving many to wonder what was causing the hesitation. However, over the past few days, we’ve seen a big rally of Amazon stock, signaling that its slumber may be coming to an end.

Is now the time to buy AMZN stock?

Investors first have to ask themselves if they like the company or if they like the stock. Bullish investors who are purely looking to trade Amazon stock are late. Those who were prepared came into this week long and are now raising their stop-losses and locking in some gains.

However, if investors like the company, it doesn’t hurt to wait until the stock’s technicals are becoming more bullish. For investors in that camp, there are plenty of reasons to like Amazon stock.

Amazon Stock Is a Juggernaut

The best thing about AMZN stock may have been its recent cheapness. Until recently, the shares were almost 20% off their highs, and they stayed there for several months. That gave investors a chance to gobble up Amazon stock while it was on sale.

But I understand that the valuation of AMZN, as it always has been, is insane. AMZN, however, is not a traditional company and therefore it is not bound by traditional valuation metrics. I know strict, traditional investors will have a field day with that “exception to the rule” explanation, but it’s true. Some investors’ unwillingness to acknowledge such exceptions has kept them from buying the market’s biggest winners, like Amazon and Netflix (NASDAQ:NFLX).

You didn’t have to hold these names for 20+ years or buy shares during their IPOs to reap massive gains. We knew what AMZN and NFLX were all about ten years ago and could have made a massive amount of money going long AMZN stock and NFLX stock. In the last decade, Amazon stock has surged “just” 2,420%, turning $10,000 into a quarter-million dollars, while Netflix has jumped almost 6,000% in the same time frame.

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Even over the last five years — when each company’s long-term, non-cyclical opportunities had already become clear — AMZN stock and NFLX have returned about 375% and 500%, respectively. And given all of Amazon’s opportunities, owning Amazon stock is worthwhile.

Its e-commerce unit has considerable revenue and is already well-known, but its other units are garnering attention, too. Its cloud business, Amazon Web Services, has become one of the most dominant in the industry. Given its huge popularity, its ad business has also become quite attractive. It likely obtains annual cash flow of $10 billion from Prime membership fees, and its Whole Foods acquisition gives Amazon a presence in the grocery sector.

Trading AMZN Stock

Click to Enlarge From a trading perspective, the time to go long Amazon stock has come and gone. That opportunity presented itself last week before the stock’s $80 move. It’s now prudent to trim positions in Amazon stock and raise stop-losses.

For longer-term investors, AMZN stock is looking much better, now that it has exceeded its 200-day-moving average. It will look even better if it can hold that mark after this fresh breakout.

If it can stay above that level, AMZN can begin the process of pushing higher again. Once it climbs over that $1,775-ish level, which kept AMZN in check in November and December, AMZN stock can really start to fly. The next level of interest would come into play near $1,850.

Remember, cloud names have been on fire, and Amazon has a significant cloud presence. For the past few quarters, management’s outlook has kept bulls at bay. However, AMZN stock is known for gathering momentum after big declines. Amazon stock fell almost 35% from peak to trough in recent month and, historically, has gone on to post big gains after those types of stumbles.

I have no reason to bet against AMZN over the long- term. I also have no reason to bet against it in the short-term if it stays above the 200-day.

Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL, GOOGL and AMZN.

This Indicator Helps Traders Avoid False Breakouts

Average True Range (ATR) is an indicator used to measure volatility. IT was introduced to the trading community by J. Welles Wilder in his 1978 book, New Concepts in Technical Trading Systems. 

Mathematically, the formula is similar to an exponential moving average and was relatively easy to calculate before computers were available.

The first step in calculating the ATR is to find the true range, which is defined as the largest absolute value of the:

1. High – Low,
2. High – Previous Close, or 
3. Low – Previous Close

Although the true range or ATR can be calculated for any time frame, we will use daily data as an example. Since the ATR is designed to measure volatility, the true range will look back to the previous day to measure the range when a gap or inside day occurs in the market.

A gap is a day when the market opens above the previous day's high or below the previous day's low. The true range accounts for the gap in the volatility, while simply measuring the distance between the high and low would miss the size of the actual daily price move. 

An inside day is a day with a small difference between the high and the low, and by looking back to the previous day's close a better view of trading activity and volatility can be obtained.

The true range is calculated each day, and ATR is commonly found using 14 days:

Current ATR = [(Yesterday's ATR * 13) + (Today's True Range)] / 14

How Traders Use It
​ATR can be used to confirm a price breakout. Breakout moves are likely to be accompanied by an increase in ATR. Trading ranges will generally be consistent with lower values of the ATR.

In the chart below, the ATR is applied to the Dow Jones Industrial Average. Monthly data is shown in this chart. A moving average has been added to the ATR in order to highlight trend changes.

Vertical lines highlight the times when the ATR crossed above the moving average and then fell back below the average. Price volatility was much higher during the time when the ATR was above its moving average. 

Traders often like volatile markets since larger price moves allow them to make greater profits and may decide to trade only in markets where the ATR is above average.

Traders can also use the slope of the ATR line to assess whether the indicator is rising or falling. They may want to participate in markets where ATR is rising hoping that they will catch the fastest moving trends. This technique will be more sensitive than applying a moving average to the indicator and should lead to more trading signals.

Why It Matters To Traders
Price charts often show a false breakout. Price consolidations will generally take place while the value of ATR is low. False breakouts occur when price makes a small move out of the consolidation pattern and then falls back into the trading range. 

Sustained breakouts will often be accompanied by a rising ATR, and trading only when ATR confirms the price action should help reduce the number of losing trades.

(This article originally appeared on ProfitableTrading.com.)

Yes, You Should Still Own Boeing Stock

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Boeing stock might be taking a beating right now, but investors should be licking their lips at the prospect of picking up the company's shares at a bargain price.

Over the last month, shares of Boeing Co. (NYSE: BA) have fallen over 15% as the company battled controversy following the crashes of its Boeing 737 Max 8 airliner.

We shouldn't be surprised. Wall Street tends to put a company on the chopping block anytime there's the slightest hint of bad news.

However, they're letting fear get the best of them.

You see, while frantic headlines have pushed the herd away from Boeing, the company's underlying financials suggest that this titan of the airline and defense industries is still a great buy.

Today, we'll show you why you should pick up Boeing stock while everyone else is looking in the other direction…

Boeing Can Weather the PR Storm

At the beginning of March, BA stock was riding high on strong international demand and robust production numbers.

However, following two Boeing 737 Max 8 jet crashes, the company shares have plummeted over $60 as fear-mongering headlines drive investors toward supposedly greener pastures.

LIVE ON CAMERA: Watch America's No. 1 Pattern Trader officially become $1,050 richer in 15 seconds! His secret to becoming a multimillionaire is so easy that anybody can do it. Click here for details…

We certainly aren't diminishing the tragedy behind these crashes. We also recognize Boeing's responsibility to fix its software malfunction before putting the planes into operation. But from a pure moneymaking perspective, savvy investors have seen this play before.

You see, Boeing is far from the first company to go through a dramatic public relations crisis that's tanked its stock, only to see it surge back to life later.

In fact, some of the biggest names on Wall Street have weathered media disasters and left skittish investors kicking themselves on the other side.

Just take Starbucks Co. (NASDAQ: SBUX).

Last April, Starbucks was rocked by controversy after the company was accused of racially profiling customers at one of its Philadelphia locations.

The accusations led to a national campaign to boycott Starbucks in an effort to pressure the company into making significant reforms.

Following the event, many investors worried that the massive backlash would result in a reckoning for Starbucks' bottom line and cut into shareholder returns. Shares of Starbucks dropped roughly 5% after the incident.

However, it turned out that all the negative press had next to no impact on the company's sales and profits.

In an April 2018 conference call with investors, Starbucks CEO Kevin Johnson stated that the backlash from the incident in Philadelphia resulted in no drop in sales.

"We are not seeing an impact on sales as a result of Philadelphia," he said.

In fact, the company ended up reporting better-than-expected sales and a 2% growth overall.

As a result, investors who bailed on Starbucks following the firestorm of negative coverage missed out on real returns for shareholders.

In fact, Starbucks stock has run up 28% since April's crisis, rewarding investors who weathered the storm with market-beating gains.

And Starbucks isn't the only giant that came out from under a PR disaster to deliver stronger returns.

United Continental Holdings Inc. (NASDAQ: UAL), commonly known as United Airlines, has been plagued by one scandal after another over the last two years and continues to come out on top.

In April 2017, the company was universally criticized after a passenger was violently dragged off of one of the airline's domestic flights to make room for company employees.

United's stock took a beating in the short term, falling 25% in the months following the incident as investors abandoned the company's stock.

However, despite the headlines, United has continued to post robust profits and has climbed up nearly 40% since 2017's losses.

And that's left investors who bailed licking their wounds.

Fortunately, you don't have to make the same mistake with Boeing…

Why Boeing Stock Will Recover

Join the conversation. Click here to jump to comments…

Top 5 Dividend Stocks For 2019

tags:CR,LH,LO,SCG,UMH,

EZCORP (NASDAQ: EZPW) and Zagg (NASDAQ:ZAGG) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, valuation and earnings.

Institutional and Insider Ownership

Get EZCORP alerts:

92.5% of EZCORP shares are owned by institutional investors. Comparatively, 85.9% of Zagg shares are owned by institutional investors. 2.1% of EZCORP shares are owned by company insiders. Comparatively, 5.8% of Zagg shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Volatility & Risk

EZCORP has a beta of 1.55, meaning that its stock price is 55% more volatile than the S&P 500. Comparatively, Zagg has a beta of 1.33, meaning that its stock price is 33% more volatile than the S&P 500.

Top 5 Dividend Stocks For 2019: CRB Futures Index(CR)

Advisors' Opinion:

• [By Ethan Ryder]

  Crew Energy (TSE:CR) had its price objective lowered by equities research analysts at Canaccord Genuity from C$4.50 to C$4.00 in a report issued on Tuesday. Canaccord Genuity’s price objective indicates a potential upside of 101.01% from the stock’s previous close.

• [By Stephan Byrd]

  Crew Energy (TSE:CR) insider James A. Taylor acquired 5,000 shares of the stock in a transaction that occurred on Monday, June 18th. The stock was acquired at an average cost of C$2.04 per share, for a total transaction of C$10,200.00.

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Crane (CR)

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

• [By Shane Hupp]

  COPYRIGHT VIOLATION WARNING: “Crane Co. (CR) VP James A. Lavish Sells 5,150 Shares” was first posted by Ticker Report and is owned by of Ticker Report. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/4168537/crane-co-cr-vp-james-a-lavish-sells-5150-shares.html.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Crane (CR)

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

Top 5 Dividend Stocks For 2019: Laboratory Corporation of America Holdings(LH)

Advisors' Opinion:

• [By Joseph Griffin]

  Renaissance Technologies LLC trimmed its position in Laboratory Corp. of America Holdings (NYSE:LH) by 39.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 556,105 shares of the medical research company’s stock after selling 355,300 shares during the period. Renaissance Technologies LLC owned about 0.55% of Laboratory Corp. of America worth $99,838,000 as of its most recent filing with the SEC.

• [By Shane Hupp]

  Laboratory Corp. of America (NYSE: LH) and OpGen (NASDAQ:OPGN) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, risk, valuation, institutional ownership and dividends.

• [By Joseph Griffin]

  Envestnet Asset Management Inc. reduced its position in shares of LabCorp (NYSE:LH) by 45.1% during the first quarter, HoldingsChannel.com reports. The fund owned 19,179 shares of the medical research company’s stock after selling 15,727 shares during the quarter. Envestnet Asset Management Inc.’s holdings in LabCorp were worth $3,116,000 at the end of the most recent reporting period.

• [By Joseph Griffin]

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

  Get Laboratory Corp. of America alerts: Stock Traders Buy Large Volume of Laboratory Corp. of America Put Options (LH) (americanbankingnews.com) Credit Suisse Group Lowers Laboratory Corp. of America (LH) to Hold (americanbankingnews.com) Laboratory Corp. of America (LH) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com) Can LaunchPad Aid LabCorp's (LH) Covance Arm in Q1 Earnings? (finance.yahoo.com) As Laboratory Corp Of America Holdings (LH) Shares Rose, Shareholder Veritas Investment Management Llp … (djzplanet.com)

  LH has been the subject of several research analyst reports. Craig Hallum restated a “buy” rating and set a $204.00 price target (up from $180.00) on shares of Laboratory Corp. of America in a research note on Wednesday, February 7th. Morgan Stanley upped their target price on Laboratory Corp. of America from $182.00 to $192.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 28th. Zacks Investment Research downgraded Laboratory Corp. of America from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Mizuho set a $178.00 target price on Laboratory Corp. of America and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Finally, Robert W. Baird set a $183.00 target price on Laboratory Corp. of America and gave the stock a “hold” rating in a research report on Thursday, February 8th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $189.19.

• [By Ethan Ryder]

  Laboratory Corp. of America Holdings (NYSE:LH) has been assigned a consensus rating of “Buy” from the eighteen ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $196.64.

Top 5 Dividend Stocks For 2019: Lorillard Inc(LO)

Advisors' Opinion:

• [By Shane Hupp]

  News articles about Lorillard (NYSE:LO) have been trending extremely positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing 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 nearest to one being the most favorable. Lorillard earned a news impact score of 0.81 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.1727475800447 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Top 5 Dividend Stocks For 2019: Scana Corporation(SCG)

Advisors' Opinion:

• [By Chris Lange]

  The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was SCANA Corp. (NYSE: SCG) which fell about 4% to $36.79. The stock's 52-week range is $33.61 to $69.24. Volume was about 5.7 million compared to the daily average volume of 1.5 million.

• [By Reuben Gregg Brewer]

  SCANA Corporation's (NYSE:SCG) dividend yield is listed at an enticing 7%, but don't get suckered in. This utility is dealing with a very troubling situation right now. You are better off sticking to a high-yield stock like utility peer Duke Energy Corporation (NYSE:DUK) and its very generous 4.9% yield. Here's why.

• [By Matthew DiLallo]

  Dominion Energy (NYSE:D) started 2018 well, delivering results that came in at the high end of its forecast thanks to much colder weather than last winter. Because of that, the utility believes its full-year results will come in above the midpoint of its guidance range. The company also affirmed its dividend growth forecast even though two factors helping to power it -- the SCANA (NYSE:SCG) merger and its ability to grow its master limited partnership Dominion Energy Midstream Partners (NYSE:DM) -- have become increasingly uncertain.

• [By Shane Hupp]

  Teacher Retirement System of Texas cut its stake in shares of SCANA Co. (NYSE:SCG) by 8.3% in the second quarter, HoldingsChannel.com reports. The fund owned 27,484 shares of the utilities provider’s stock after selling 2,503 shares during the period. Teacher Retirement System of Texas’ holdings in SCANA were worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Reuben Gregg Brewer]

  Investing in utilities is usually a pretty boring affair, with the main attraction normally being a reliable quarterly dividend payment. Recent events at SCANA Corporation (NYSE:SCG), however, have been anything but boring. Dominion Energy could be the company's savior, but not if the government gets in the way.

Top 5 Dividend Stocks For 2019: UMH Properties Inc.(UMH)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on UMH PROPERTIES/SH SH (UMH)

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

• [By Logan Wallace]

  Get a free copy of the Zacks research report on UMH PROPERTIES/SH SH (UMH)

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

• [By Lisa Levin]

  Wednesday afternoon, the real estate shares surged 0.56 percent. Meanwhile, top gainers in the sector included Armada Hoffler Properties, Inc. (NYSE: AHH), up 3 percent, and UMH Properties, Inc. (NYSE: UMH) up 3 percent.

• [By Shane Hupp]

  TRADEMARK VIOLATION NOTICE: “Loeb Partners Corp Has $1.44 Million Holdings in UMH PROPERTIES/SH SH (UMH)” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/4159809/loeb-partners-corp-has-1-44-million-holdings-in-umh-properties-sh-sh-umh.html.

• [By Joseph Griffin]

  WINTON GROUP Ltd bought a new stake in UMH PROPERTIES/SH SH (NYSE:UMH) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 86,705 shares of the real estate investment trust’s stock, valued at approximately $1,163,000. WINTON GROUP Ltd owned about 0.24% of UMH PROPERTIES/SH SH as of its most recent SEC filing.

Hold Star Cement; target of Rs 110: ICICI Direct

ICICI Direct's research report on Star Cement

We recently met the management of Star Cement. The key takeaways are: -i) Siliguri 2 MT grinding unit expansion is on track and is expected to be commissioned in H2FY20E. This plant will mainly serve the North Bengal and Eastern Bihar markets, which currently have annual demand of ~5.5-6 MT demand and are growing at healthy pace, ii) in the North East region, incremental demand will mainly be served by Dalmia and Star Cement as other players are already operating at higher utilisation, iii) currently cement prices in Guwahati are at around Rs 390/bag; limited scope for price increase because prices above Rs 415-420 levels, will attract supply from eastern region players, currently 10-12% of volumes come from these players, iv) due to supply shortage, prices of clinker in the north east region have shot up from Rs 3000 per tonne earlier to Rs4000-4500 per tonne, v) prices in West Bengal are facing headwinds due to incremental supply coming from the ramp-up of acquired plants of Century Textiles by UltraTech Cement.

Outlook

In the near term, cessation of transport subsidy, higher power cost and other expenses would keep margins under pressure. Hence, we maintain HOLD rating with a revised target price of Rs 110 (i.e. 8.5x FY20E EV/EBITDA).

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Mar 22, 2019 03:17 pm

Large fund firms' support for combating climate change is all talk, proxy voting shows

Climate change questions don't get more fundamental than this one: How much time is left to act before it is too late?

Right now the difficulty of answering that question is showing up in a place where many individuals are heavily invested in getting the answer right: The index funds responsible for meeting millions of Americans personal financial goals, from saving for a house, to a child's education, and a secure retirement.

Before he died, Vanguard Group founder Jack Bogle said one of the biggest issues the index fund would face in the future is its societal influence. Specifically, he meant the need to vote proxies on complex issues such as sustainability at annual meetings held by every publicly traded company and on behalf of so many individual fund shareholders.

BlackRock, the world's largest asset manager, and Vanguard Group, the creator of the index fund, manage more than $11 trillion combined. Just in ETFs, they manage roughly $2.5 trillion. And their market influence continues to grow: Vanguard has attracted roughly $1 trillion in the past three years alone.

"Larger mutual funds companies, like Vanguard, Fidelity, BlackRock and State Street Global Advisors, can move the market," said Mindy Lubber, CEO and president of Ceres, a nonprofit organization that works with big investors and companies on sustainability. "They can take a shareholder resolution from 10 percent to 40 percent."

In 2017 both companies voted to require ExxonMobil to produce a report on climate change, a watershed moment showing what can occur when index funds punch their weight in proxy voting.

Yet shareholder advocates say there have not been nearly enough of those ExxonMobil vote moments.

Big funds in the bottom quartile

A data analysis released by Ceres in early March shows that when BlackRock and Vanguard are measured on their up-or-down votes on climate change resolutions at stockholder annual meetings, they have among the worst voting records in the fund industry.

Rob Berridge, director of shareholder engagement at Ceres, said when the group ran the numbers on 2018 proxy voting, there was plenty of reason for encouragement, just not among the biggest fund companies.

"The overall trends are positive," Berridge said. "More firms are above 50 percent for resolutions.

"The surprise is that the biggest firms aren't among those above 50 percent," he added. "Index funds are the ultimate long-term diversified investors, and it is in their interest to ask companies to address climate.

"They need ExxonMobil to be in business in 50 years."

Many are not even close to the 50 percent mark.

Among 48 large fund companies that Ceres included in its review of up-or-down votes on climate-related shareholder proposals, Vanguard finished 42nd (voting for climate proposals 12 percent of the time), and BlackRock finished 43rd (voting in favor of these resolutions 10 percent of the time). T. Rowe Price Group, Putnam Investments and financial advisor favorite Dimensional Fund Advisors were all below BlackRock and Vanguard.

"It is unfortunate that the biggest firms are at the bottom of the list," Lubber said. "When they vote proxies, as they did on Exxon, the votes changed substantially and the conversations do get started, at least."

Fund companies say proxy votes aren't everything

The fund companies can't argue with the data, but they do argue with placing all the importance on proxy votes. Both BlackRock and Vanguard are among the companies with corporate stewardship departments that focus on engagement with corporations on issues from climate change to executive pay and human rights.

A Vanguard spokeswoman said that its Investment Stewardship team views voting proxies as one piece of a broader engagement strategy that also includes discussion with company boards and management and advocating on behalf of all shareholders.

"A vote against a shareholder proposal does not always indicate we disagree with the broader issue. ... As near-permanent investors intently focused on the long term, we engage with companies over the course of years, not weeks or months."

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Vanguard pointed to its Investment Stewardship report, which listed engagements with more than 700 portfolio companies, 200 of which are involved in carbon-intensive industries.

BlackRock declined to comment, referring questions to its published materials, which include its approach to corporate stewardship, its most recent stewardship annual report discussing climate change and a full voting history that includes a list of companies with which it engages.

But here's the problem: Disclosure of a proxy vote is black and white; disclosure of ongoing engagement is not.

Shareholder advocates say these lists may be long in the number of companies engaged, but fund shareholders don't know who specifically was engaged at the companies and what policy changes were offered as a result of the fund companies' efforts.

Wide gap in progress between big funds over three years

Jackie Cook, a specialist in corporate environmental, social and governance (ESG) disclosure analysis and founder of FundVotes, which was acquired last year by Morningstar, said the "engagement first, voting later" rationale doesn't add up, because there is no reason why these companies can't do both. And the engagements suffer from a lack of transparency. "There is no standard disclosure structure," Cook said. "No one shows any granularity to the engagement. ... We want more transparency from the fund managers."

A broad data set that Cook has compiled over the past three years — the Ceres report is based on her analysis but uses a more narrow definition for climate-related proposals — shows that in 2016 neither Vanguard nor BlackRock voted in favor of any climate change proposal. In 2017 they voted in favor of 4 percent. State Street Global Advisors, by contrast, voted for 38 percent of climate proposals in 2016 and 45 percent last year. Fidelity Investments went from voting in favor of no climate change proposals in 2016 to voting in favor of 45 percent last year.

The fund companies counter with what amounts to a catch-22: They can't talk more openly about their engagement, because the nature of engagement precludes them from doing so.

"We believe that Vanguard and portfolio companies need to have candid, direct dialogue, so we don't publicly disclose specific details about particular engagements," the Vanguard spokeswoman said.

A report Cook published for Morningstar last Friday found something else disappointing. Socially responsible funds specifically created by these managers to target issues such as climate change don't always vote in support of climate resolutions, either. The BlackRock Impact U.S. Equity (BIRAX) voted against three greenhouse-gas and climate change shareholder proposals in 2018, including two that called for greater greenhouse-gas disclosure from oil and gas companies Chevron and Range Resources.

The FundVotes' analysis found that environmental, social and governance funds from Vanguard, Fidelity Investments and TIAA-CREF, among others, cast a number of votes that seemingly conflict with an ESG mandate, including funds specifically aimed at the environment.

"The main reason to have oil and gas companies in an 'impact fund' should be to improve the climate-related performance. ... Proxy voting is an obvious, simple way to do that," Berridge said.

Funds do need to go beyond proxy voting and engage with these companies as part of their impact investing mandate, but he said, "Voting in conflict with an ESG mandate should raise red flags, above and beyond the red flags associated with not voting for these resolutions in a non-ESG fund."

The first climate change bankruptcy

Tim Smith, director of ESG shareowner engagement at Walden Asset Management, which has specialized in socially responsible investing and shareholder advocacy for decades, said there is a disconnect between BlackRock CEO Larry Fink's words on corporate stewardship and his firm's actions.

"Larry talks about being deeply concerned and how he understands climate change, but the voting record is still backward-looking. They can argue they are engaging with management, but you don't end up voting only 10 percent of the time against management when you are engaging with this."

Another thing that BlackRock and Vanguard have not done, even as they point to weakness in shareholder proposals as a reason for voting against them: offer their own shareholder proposals on issues such as climate change.

"They still need to up their game, because the situation is urgent. We don't have a calm five- year waiting period." -Tim Smith, Walden Asset Management

For shareholder advocates, there simply isn't enough time to debate the relative merits of long-term dialogue versus the annual proxy voting power: Climate change is a material risk to corporate value today. Lubber pointed to a market event that recently occurred but not long ago would have been unthinkable: a highly regulated, "safe" utility company, PG&E, going bankrupt as a result of unprecedented California wildfire liabilities. "Two years ago people would have said that was unreasonable, an absurd proposition."

"We need to see progress — material progress," Lubber said. "Having 2,000 or 5,000 engagements that nobody knows what is happening doesn't reflect the urgency of the problem. Given the dialogue that Larry Fink has put out in the public domain, his lofty, thoughtful quarterly letters, one would expect to see more consistency in their voting of proxies. Larry has said these issues matter, but there is only one way for them to matter."

The proxy season is just beginning across corporate America, and climate-related proposals are again expected to be a major push among shareholder advocates. According to an analysis of proxies from shareholder advocate As You Sow that was released last Tuesday, climate change and corporate political influence spending are the top investor concerns in about half the proposals filed so far.

In an annual letter line from 2017 that has been quoted often, Fink wrote that BlackRock is patient on behalf of its long-term investors, but that does not mean it is "infinitely patient," and there does come a time to vote against management when long-term value is at risk.

"I respect the pressure that their voice as world's largest money manager brings. It is quite significant and should not be dismissed. ... But they still need to up their game, because the situation is urgent," Smith said. "We don't have a calm five- year waiting period."

Hot Canadian Stocks To Watch Right Now

tags:CMG,ARG,PPL,PMT,PBH,NUS,

It looks like activist investor Bill Ackman is putting the proceeds from his Canadian Pacific (NYSE:CP) sale to work in a completely different space. Ackman's Pershing Square Capital now has a 9.9% stake in Chipotle (NYSE:CMG). Ackman is now its second largest shareholder.

The writing was on the wall as well, where Ackman has gone out of his way to mention his love of CMG. Recall that Ackman told a story about a meeting with Valeant (NYSE:VRX) and Mike Pearson, where instead of eating the catered VRX food, he had Mike's assistant fetch him a Chipotle burrito.

As we noted last month, CMG is a prime activist investor target, it was just a matter of time. However, much of the media and small research shops are taking Ackman to task, where it looks as if peak Bill Ackman is upon us. Much of the articles showing up on Seeking Alpha are negative. Ackman's run in with Valeant and his battle with Carl Icahn over Herbalife (NYSE:HLF) has created a lot negativity around the Pershing Square name.

Hot Canadian Stocks To Watch Right Now: Chipotle Mexican Grill Inc.(CMG)

Advisors' Opinion:

• [By Adam Levine-Weinberg]

  Chipotle Mexican Grill's (NYSE:CMG) new chief executive, Brian Niccol, took the helm of the fast-casual pioneer in early March. While he hinted at some of his plans for the brand on the company's first-quarter earnings call in late April, Niccol unveiled his complete strategic plan during an analyst call on Wednesday afternoon.

• [By Daniel B. Kline]

  A number of companies -- McDonald's, most notably -- have been working to improve that experience by pushing ordering and payment options into their apps. Chipotle (NYSE:CMG) recently joined the fray, expanding a test of a new type of drive-thru at some of its stores.

• [By Steve Symington]

  But shares of some individual companies fell nonetheless. Read on to learn why Zillow Group (NASDAQ:Z) (NASDAQ:ZG), Pier 1 Imports (NYSE:PIR) and Chipotle Mexican Grill (NYSE:CMG) underperformed the market today.

• [By ]

  The first stock is Chipotle Mexican Grill (Nasdaq: CMG). This Denver-based fast casual food chain has certainly seen its share of volatility. A well-publicized food safety issue in 2015 caused investors to flee the stock in droves. And before the dust settled, the stock got crushed -- declining more than 63% from its 2015 high.

Hot Canadian Stocks To Watch Right Now: Airgas Inc.(ARG)

Advisors' Opinion:

• [By Stephan Byrd]

  Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.

Hot Canadian Stocks To Watch Right Now: PPL Corporation(PPL)

Advisors' Opinion:

• [By Logan Wallace]

  Investors bought shares of PPL Co. (NYSE:PPL) on weakness during trading on Tuesday. $85.45 million flowed into the stock on the tick-up and $30.50 million flowed out of the stock on the tick-down, for a money net flow of $54.95 million into the stock. Of all companies tracked, PPL had the 26th highest net in-flow for the day. PPL traded down ($0.42) for the day and closed at $27.23

• [By Stephan Byrd]

  Great West Life Assurance Co. Can grew its stake in shares of Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) by 1.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 3,645,448 shares of the pipeline company’s stock after buying an additional 62,411 shares during the period. Great West Life Assurance Co. Can’s holdings in Pembina Pipeline were worth $126,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Paul Ausick]

  PPL Corp. (NYSE: PPL) posted a 52-week low of $31.11 after closing Wednesday at $31.59. The 52-week high is $40.20. Volume was about 9.6 million, more than double the daily average of around 4.2 million shares. The electric utility company had no specific news.

• [By Ethan Ryder]

  PPL (NYSE:PPL) last issued its quarterly earnings data on Thursday, February 14th. The utilities provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.88 billion. PPL had a return on equity of 15.23% and a net margin of 19.17%. PPL’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS. As a group, research analysts forecast that PPL Corp will post 2.36 EPS for the current year.

  TRADEMARK VIOLATION WARNING: “Commerzbank Aktiengesellschaft FI Has $6.02 Million Holdings in PPL Corp (PPL)” was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/4153395/commerzbank-aktiengesellschaft-fi-has-6-02-million-holdings-in-ppl-corp-ppl.html.

  PPL Profile

• [By Joseph Griffin]

  ValuEngine cut shares of Pembina Pipeline (NYSE:PBA) (TSE:PPL) from a hold rating to a sell rating in a research note released on Monday.

  Separately, Zacks Investment Research lowered Pembina Pipeline from a strong-buy rating to a hold rating in a research note on Wednesday, May 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $37.00.

Hot Canadian Stocks To Watch Right Now: PennyMac Mortgage Investment Trust(PMT)

Advisors' Opinion:

• [By Stephan Byrd]

  Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

• [By Stephan Byrd]

  Pennymac Mortgage Investment (NYSE:PMT) shares reached a new 52-week high and low on Monday . The company traded as low as $18.60 and last traded at $18.62, with a volume of 19306 shares changing hands. The stock had previously closed at $18.50.

Hot Canadian Stocks To Watch Right Now: Prestige Brand Holdings Inc.(PBH)

Advisors' Opinion:

• [By Lisa Levin]

  On Thursday, the health care shares rose 1.02 percent. Meanwhile, top gainers in the sector included ARMO BioSciences, Inc. (NASDAQ: ARMO), up 67 percent, and Prestige Brands Holdings, Inc. (NYSE: PBH) up 28 percent.

• [By Ethan Ryder]

  Premium Brands (TSE:PBH) will be announcing its earnings results before the market opens on Tuesday, May 15th. Analysts expect the company to announce earnings of C$0.71 per share for the quarter.

• [By Stephan Byrd]

  SG Americas Securities LLC increased its position in Prestige Brands (NYSE:PBH) by 103.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,597 shares of the company’s stock after acquiring an additional 8,431 shares during the period. SG Americas Securities LLC’s holdings in Prestige Brands were worth $560,000 at the end of the most recent reporting period.

• [By Motley Fool Transcribers]

  Prestige Brands Holdings Inc  (NYSE:PBH)Q3 2019 Earnings Conference CallFeb. 07, 2019, 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Premium Brands (TSE:PBH) had its target price increased by TD Securities from C$140.00 to C$145.00 in a research note published on Thursday. The firm currently has an action list buy rating on the stock.

Hot Canadian Stocks To Watch Right Now: Nu Skin Enterprises Inc.(NUS)

Advisors' Opinion:

• [By Logan Wallace]

  BlackRock Inc. boosted its stake in Nu Skin Enterprises, Inc. (NYSE:NUS) by 11.5% during the second quarter, HoldingsChannel.com reports. The firm owned 6,143,407 shares of the company’s stock after buying an additional 635,246 shares during the period. BlackRock Inc. owned 0.11% of Nu Skin Enterprises worth $480,352,000 at the end of the most recent quarter.

• [By Shane Hupp]

  Pivotal Research reaffirmed their buy rating on shares of Nu Skin Enterprises (NYSE:NUS) in a research report sent to investors on Wednesday morning. They currently have a $85.00 target price on the stock.

• [By Motley Fool Transcribers]

  Nu Skin Enterprises Inc  (NYSE:NUS)Q4 2018 Earnings Conference CallFeb. 13, 2019, 5:00 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Nu Skin Enterprises (NUS)

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

• [By ]

  Nu Skin Enterprises (NYSE: NUS) is benefiting from two key trends: its strong presence in Asia where it books 79% of its revenue and leading brand awareness with millennials. The company has increased its dividend every year since 2001, now paying a 2% yield, and maintains a share repurchase program that returns excess cash to shareholders.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Nu Skin Enterprises (NUS)

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

Semi rally faces a 'collapse' as demand breaks down, economic forecaster warns

Economic forecaster Lakshman Achuthan is warning investors they could get scorched by one of 2019's most popular groups.

Achuthan believes the semiconductor rally is showing signs of breaking down, and he's blaming shipment demand.

"Collapse comes to mind when you look at global demand for semiconductor chips," he said Friday on CNBC's "Trading Nation."

Achuthan, who co-founded the Economic Cycle Research Institute, builds his bearish case with a chart showing semiconductor chip demand.

"It's a pretty dramatic comedown," he said. "We've got a 20 percent decline in the volume of semiconductor demand, and that translates to a ten year low in the growth rate of demand."

It's a contrarian call that comes with semiconductors locking in their best day since January 30 on Friday. The VanEck Vectors Semiconductor ETF, which tracks the group, is up almost 22 percent so far this quarter. It's on pace for its best first quarter since its May 2000 inception date.

The bullish sentiment behind the semiconductor rally is centered on forward looking, misguided assumptions about growth, Achuthan said. He ties the continued sluggishness to a slowdown in the overall U.S. economy.

"Demand for a product that these companies sell, that's not going to go up. There's no rebound in sight," Achuthan said.

show chapters Semi stocks' 2019 win streak shows signs of snapping, economic forecaster warns    5:34 PM ET Fri, 15 March 2019 | 03:38 Disclaimer

Has National Beverage Management Lost Its Mind?

There's a certain degree of sameness to most quarterly earnings press releases, a standard formula of corporate-speak in which the numbers, good or bad, are discussed in a wholly rational fashion. Most quarterly earnings releases -- not all. Among the exceptions is National Beverage's (NASDAQ:FIZZ) latest: The company that owns the LaCroix Sparkling Water brand had a poor quarter, and the CEO's explanation about why was unique.

In this segment of the Motley Fool Money podcast, host Chris Hill and Fool senior analysts Andy Cross, Ron Gross, and Jason Moser reflect on the weirdness of the press release, and consider the beverage business more broadly.

A full transcript follows the video.

This video was recorded on March 8, 2019.

Chris Hill: From Ben Farber, who writes, "I'm a subscriber to several Motley Fool services and consider myself an avid listener of MarketFoolery and Motley Fool Money. I'm not a shareholder of National Beverage Corp., but I saw their latest earnings report and I think it's a contender for most unhinged company press release. I'm interested if you agree. Love the shows, keep up the great work."

Thank you, Ben, for the question! For those unfamiliar, National Beverage, the parent company of La Croix sparkling water, came out with their third-quarter report. Shares down 20% on Friday. Chairman CEO Nick Caporella blamed the drop in sales and profits on, and I'm quoting here, "injustice." He wrote, "We are truly sorry for these results. Negligence nor mismanagement nor woeful acts of God were the reasons. Much of this was the result of injustice. Managing a brand is not so different from caring for someone who becomes handicapped. Brands do not see or hear so they are at the mercy of their owners or care providers who must preserve the dignity and special character that the brand exemplifies. It is important that La Croix's true character is not devalued intentionally in any way. National Beverage Corp. is and will remain the preeminent innovator that adds zest and authenticity to the sparkling water phenomenon in North America."

I'm stunned by this! I'm stunned that a lawyer at the company said, "Sure. Go ahead and put this out." Unhinged is one word to describe this.

Ron Gross: Yeah, if you told me that was a tweet a la Elon Musk or something like that --

Hill: John Legere, T-Mobile.

Gross: -- I would be like, "OK, that's still kind of weird." But this is a press release! Reviewed by the company, the CFO, the general counsel! I would imagine the employees around that CEO are just scratching their heads.

Jason Moser: That guy's full of something.

Gross: [laughs] Full of fizz!

Moser: Listen, man, I'm a big seltzer drinker. I love it! But I find myself buying more of the store brand seltzer than La Croix. We were talking this morning, Ron agreed, they have some really funky flavors.

Gross: Coconut turmeric!

Moser: Maybe the injustice is they can't give me a simple lime seltzer!

Andy Cross: There's also more competition, too. There's more lines at Whole Foods, when we walk down the street to our local Whole Foods. We're seeing those. I see them more in the office, those competitors. They're not the only play on the block anymore.

Gross: Coke has one, Pepsi has one.

Hill: I was just going to say, look at the biggest carbonated beverage companies in America. They're pushing these brands even more.

Gross: Investment from Guggenheim just moved to a sell recommendation, actually, which you don't see very often, because it's going to be hard for them to regain market share.

Cross: And you see a lot of discounting in that space. Again, grocery stores becoming more and more cost competitive. La Croix is getting more and more discounted shelf space.

IPhone's steady cash makes Apple more like a bond than a stock, Cowen says

Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher.

Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone business remains a strong driver for the stock and provides investors with an "annuity."

"Does the iPhone business make Apple a trading stock or bond coupon? We think it's a bit of both," Cowen's Krish Sankar said in a note Thursday. "The company has a 900 million strong, loyal iPhone customer base globally to which it can offer a growing ecosystem of devices such as wearables and new content subscriptions and service offerings."

"With the iPhone installed base at 900 million units and oldest devices approaching five years, we believe annual iPhone shipments are running near replacement demand," Sankar added. "The stock could be a good buy from a short-term trading standpoint as well."

The iPhone business has actually been facing challenges as competition intensify in the mature market and Apple's overpricing its latest iPhone models has also drawn criticism.

But Cowen believes that mature business offers investors a stable outlook of future cash flow for the next five years. With most devices needed to be replaced over that time period, that means annual shipments of 180 million can be counted on, the analyst said. The replacement sales offer a "potentially a supportive LT annuity for device sales."

An annuity is a contract that promises investors a stream of income payments in the future.

Apple has made back the losses in 2018 with the stock rebounding more than 15 percent year to date. Shares of Apple rose nearly percent Thursday morning.

Cowen is also bullish on Apple's services segment, estimating earnings from services to double in two years.

"We see scope for further expansion with increased scale in content subscriptions and higher contributions from App Store and Licensing revenues," Sankar said.

Snap Inc (SNAP) Stock: The Gains Will Be Ephemeral

Not long ago, Snap (NYSE:SNAP) looked doomed. In fact, it appeared that the company was facing a MySpace-level fate.

Source: Shutterstock

Yet all buzz was an overreaction. From mid-December, Snapchat stock has nearly doubled — with the market cap hitting $13 billion.

Granted, there were technical factors at work.

Of course, the explosive rally in the markets was a major contributor for the bull move in Snap Inc stock. There was also the impact from a short squeeze.  This is when short sellers have little choice but to buy back stock to cover their positions.

But there were some positive fundamentals for SNAP stock as well. In the latest earnings report, revenues grew by 36% and the adjusted net loss was 4 cents — representing a nice beat. Keep in mind that the company has been focused on cost-cutting, which has been paying off.

Yet, there are some other encouraging developments that have boosted SNAP stock, such as:

The company has released an improved app for Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Android operating system. This should open up more growth opportunities. The original show “Dead Girls Detective Agency,” developed with NBCUniversal, has reached over 14 million viewers. Snap has been investing more in foreign markets, including France, Germany, Ireland, Norway, the UK and India. The daily viewing of Publisher Stories and Shows has increased by 30% on a year-over-year basis. A new cartoon, called Bitmoji Stories, has attracted over 40 million viewers. Snap Pixel logged more than 600 million purchase events in Q4, up from 230 million in the prior quarter.

But perhaps the most important factor for SNAP stock is the young demographic. For example, over 70% of the 13 -to 34-year-old population in the US watch its premium mobile ads every month. This is certainly a big-time validation of the platform, since reaching this group has been particularly difficult with traditional advertising channels.

User Issue With Snap Inc Stock

It does appear that the decay in the user base has stabilized. But this is not necessarily a good thing.  Keep in mind that the quarter-over-quarter growth was flat. And, on an annual basis, there was still a drop of one million users.

Yes, user growth is absolutely critical for any social platform. It is what has made Facebook (NASDAQ:FB) and TENCENT (OTCMKTS:TCEHY) into powerhouses.

But when a social platform is more of a niche, the valuation will likely be muted. Just look at Twitter (NYSE:TWTR).  Even though many efforts have been made to improve the platform, not much has moved the needle in regards to the user base.

Unfortunately, this also appears to be the case with SNAP.

Even worse, FB’s Instagram is still a huge problem for the company. The app continues to gain traction, especially with younger users. According to a survey from Piper Jaffray, Instagram has surpassed Snapchat as the most-used among US teens.

Instagram has also been able to be quite adaptable — with the users spanning age groups. Note that the app has more than 1 billion users.

Bottom Line On SNAP Stock

Snap is certainly a viable platform. And, again, it’s young demographic is valuable.

Yet, despite this, SNAP stock is still quite expensive. Consider that the shares are trading at a hefty 10 times sales. This is a significant premium for a company that is expected to grow at only about 24% to 34% for the current year.

Besides, as seen over the past couple years, SNAP stock has pulled off major gains — but that has proved temporary. The problem is that the business has been choppy and the user growth sluggish. In other words, it’s probably best for investors to take profits on SNAP stock for now, not take a larger position.

Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.

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Hot China Stocks For 2019

tags:BGCP,FIVN,BXMT,

The Dow Jones Industrial Average on Thursday was up more than 300 points, with the blue-chip benchmark buoyed by a surge in shares of Walmart Inc. WMT, +10.18% and Boeing Co. BA, +3.95% Walmart and Boeing were combining to produce a 130-point tailwind for the Dow DJIA, +1.46% The jolt in their shares, underscores the bullish theme that has helped the overall U.S. market shake off worries about Turkey's economy and lira TRYUSD, +3.8654% Giant retailer Walmart delivered quarterly results that were better than expected and Boeing scored a bounce from reports that trade talks between China and the U.S. would resume soon. Boeing had been among the main large-capitalization, multinational stocks perceived to be among the most vulnerable to trade disputes between the two largest global economies. A $1 move in any one of the price-weighted Dow's components equates to a swing of 6.8 points.

Hot China Stocks For 2019: BGC Partners, Inc.(BGCP)

Advisors' Opinion:

• [By Shane Hupp]

  Get a free copy of the Zacks research report on BGC Partners (BGCP)

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

• [By Shane Hupp]

  BidaskClub cut shares of BGC Partners (NASDAQ:BGCP) from a hold rating to a sell rating in a report issued on Tuesday.

  A number of other equities research analysts also recently weighed in on BGCP. ValuEngine downgraded shares of BGC Partners from a hold rating to a sell rating in a research report on Tuesday, May 29th. Zacks Investment Research upgraded shares of BGC Partners from a sell rating to a hold rating in a research report on Friday, June 1st. Two research analysts have rated the stock with a sell rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $13.00.

• [By Ethan Ryder]

  UBS Group AG raised its holdings in shares of BGC Partners, Inc. (NASDAQ:BGCP) by 248.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,519,131 shares of the financial services provider’s stock after purchasing an additional 1,082,829 shares during the quarter. UBS Group AG’s holdings in BGC Partners were worth $20,432,000 as of its most recent SEC filing.

Hot China Stocks For 2019: Five9, Inc.(FIVN)

Advisors' Opinion:

• [By Logan Wallace]

  Five9 (NASDAQ:FIVN) had its target price raised by JPMorgan Chase & Co. to $46.00 in a report released on Tuesday, The Fly reports. They currently have an overweight rating on the software maker’s stock.

• [By Logan Wallace]

  Five9 Inc (NASDAQ:FIVN) shares reached a new 52-week high and low during trading on Tuesday . The stock traded as low as $34.99 and last traded at $32.51, with a volume of 23493 shares. The stock had previously closed at $32.99.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Five9 (FIVN)

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

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Five9 (FIVN)

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

• [By Motley Fool Transcribers]

  Five9 Inc  (NASDAQ:FIVN)Q4 2018 Earnings Conference CallFeb. 19, 2019, 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Hot China Stocks For 2019: Capital Trust, Inc.(BXMT)

Advisors' Opinion:

• [By Joseph Griffin]

  JMP Securities restated their hold rating on shares of Blackstone Mortgage Trust (NYSE:BXMT) in a research report sent to investors on Sunday.

  A number of other analysts have also weighed in on the company. Deutsche Bank lowered Blackstone Mortgage Trust from a buy rating to a hold rating and lowered their target price for the company from $35.00 to $34.50 in a research note on Wednesday, February 13th. ValuEngine lowered Blackstone Mortgage Trust from a buy rating to a hold rating in a research note on Tuesday, February 12th. Finally, Zacks Investment Research lowered Blackstone Mortgage Trust from a buy rating to a hold rating in a research note on Tuesday, December 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $34.63.

• [By WWW.GURUFOCUS.COM]

  For the details of Delphi Financial Group Inc's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Delphi+Financial+Group+Inc

  These are the top 5 holdings of Delphi Financial Group IncTwo Harbors Investment Corp (TWO) - 3,751,809 shares, 23.18% of the total portfolio. Energy Transfer Equity LP (ETE) - 2,979,000 shares, 20.1% of the total portfolio. Shares added by 91.45%Energy Transfer Partners LP (ETP) - 2,690,074 shares, 20.02% of the total portfolio. TPG Specialty Lending Inc (TSLX) - 1,482,024 shares, 10.4% of the total portfolio. Shares added by 4.83%Blackstone Mortgage Trust Inc (BXMT) - 773,226 shares, 9.5% of the total portfolio. Shares added b
• [By Motley Fool Transcribers]

  Blackstone Mortgage Trust Inc  (NYSE:BXMT)Q4 2018 Earnings Conference CallFeb. 13, 2019, 10:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Hot Casino Stocks To Buy Right Now

tags:IEC,YGE,VEEV,CPLA,PRAA,CASS, Most people need to work for a living, but that doesn't mean they have to take conventional jobs.

The United States economy has a highly diverse set of industries and niche interests. And where there are unusual needs, unusual job openings are available requesting specific skills that only a tiny fraction of Americans possess.

24/7 Wall Street reviewed job listing sites, online databases, and occupation data from the Bureau of Labor Statistics to identify the weirdest job or job opening in every state. See the photo gallery above to find the weirdest job in your state.

In a few states, the strangest job titles are not surprising, but they are extremely rare and concentrated in the state as a result of the presence of a specific industry. For example, Kentucky has a high demand for mine shuttle car operators thanks to its large coal mining industry. In Nevada, due in large part to the casinos in Las Vegas, gaming service workers are 42 times more common than they are across the United States workforce as a whole.

Hot Casino Stocks To Buy Right Now: IEC Electronics Corp.(IEC)

Advisors' Opinion:

• [By Lisa Levin] Gainers Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) shares jumped 31.6 percent to $12.18 following TripAdvisor Q1 earnings beat. ZAGG Inc (NASDAQ: ZAGG) rose 26.5 percent to $14.55 after the company posted better-than-expected Q1 earnings. OPKO Health, Inc. (NASDAQ: OPK) shares gained 25 percent to $4.0234 following Q1 beat. Axon Enterprise, Inc. (NASDAQ: AAXN) jumped 23.5 percent to $55.12 following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent. Penn Virginia Corporation (NASDAQ: PVAC) gained 23.3 percent to $59.00 after reporting Q1 results. TripAdvisor, Inc. (NASDAQ: TRIP) rose 22.5 percent to $47.51 after the company reported stronger-than-expected results for its first quarter on Tuesday. Sears Holdings Corporation (NASDAQ: SHLD) shares surged 21.7 percent to $3.36. Amazon.com's partnership with Sears started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations. EP Energy Corporation (NYSE: EPE) jumped 21.3 percent to $2.68 following Q1 results. LendingClub Corporation (NYSE: LC) surged 20.4 percent to $3.395 following better-than-expected Q1 earnings. Superior Industries International, Inc. (NYSE: SUP) gained 19 percent to $15.82 after reporting Q1 results. Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) shares rose 18.5 percent to $8.13 following Q1 results. Twilio Inc. (NYSE: TWLO) rose 18.3 percent to $52.47 after the company posted strong quarterly results. Cerus Corporation (NASDAQ: CERS) shares jumped 18.3 percent to $6.47 following quarterly results. IEC Electronics Corp. (NYSE: IEC) shares climbed 17 percent to $4.68 after reporting better-than-expected quarterly earnings. New Relic, Inc. (NYSE: NEWR) rose 16.8 percent to $90.10 following Q4 results. Gulfport Energy Corporation (NASDAQ: GPOR)

Hot Casino Stocks To Buy Right Now: Yingli Green Energy Holding Company Limited(YGE)

Advisors' Opinion:

• [By Ethan Ryder]

  Yingli Green Energy (NYSE: YGE) and Netlist (NASDAQ:NLST) are both small-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, profitability, dividends, institutional ownership, valuation, analyst recommendations and earnings.

• [By Joseph Griffin]

  Yingli Green Energy Holding Co Ltd (NYSE:YGE) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $1.40 and last traded at $1.53, with a volume of 75280 shares. The stock had previously closed at $1.57.

• [By Paul Ausick]

  Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) slipped about 1.2% to post a new 52-week low of $1.68 Friday after closing at $1.70 on Thursday. The 52-week high is $3.35. Volume of about 5.9 million was more than 15 times the daily average of around 88,000. The company had no specific news.

• [By Logan Wallace]

  ValuEngine upgraded shares of Yingli (NYSE:YGE) from a sell rating to a hold rating in a report published on Saturday morning.

  Yingli stock opened at $1.60 on Friday. The company has a market capitalization of $30.36 million, a PE ratio of -0.17 and a beta of 1.98. Yingli has a twelve month low of $1.43 and a twelve month high of $2.86. The company has a quick ratio of 0.33, a current ratio of 0.40 and a debt-to-equity ratio of -0.11.

Hot Casino Stocks To Buy Right Now: Veeva Systems Inc.(VEEV)

Advisors' Opinion:

• [By Leo Sun, John Bromels, and Dan Caplinger]

  It might seem tough to find high-growth stocks in an aging bull market. However, there are still attractive stocks in the cloud, online travel, and business services industries. Today, three of our Motley Fool contributors will share their favorite high-growth plays in those markets: Veeva Systems (NYSE:VEEV), Booking Holdings (NASDAQ:BKNG), and Cintas (NASDAQ:CTAS).

• [By Kristine Harjes]

  In this week's episode of Industry Focus: Healthcare, host Kristine Harjes interviews Matt Wallach, the co-founder and president of cloud computing company Veeva Systems (NYSE:VEEV). Veeva serves healthcare companies across the board, from fledgling biotechs to massive stalwarts like Johnson & Johnson, and many investors see big potential for sustainable, long-term growth in the future.

• [By Max Byerly]

  Veeva Systems Inc (NYSE:VEEV) insider Eleni Nitsa Zuppas sold 946 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $114.66, for a total transaction of $108,468.36. Following the completion of the sale, the insider now directly owns 11,738 shares of the company’s stock, valued at approximately $1,345,879.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

• [By Motley Fool Transcribing]

  Veeva Systems (NYSE:VEEV) Q2 2019 Earnings Conference CallAug. 23, 2018 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Veeva Systems (VEEV)

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

Hot Casino Stocks To Buy Right Now: Capella Education Company(CPLA)

Advisors' Opinion:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Capella Education (CPLA)

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

• [By Logan Wallace]

  Shares of Capella Education (NASDAQ:CPLA) reached a new 52-week high on Monday . The stock traded as high as $104.10 and last traded at $103.20, with a volume of 487 shares trading hands. The stock had previously closed at $103.70.

Hot Casino Stocks To Buy Right Now: PRA Group, Inc.(PRAA)

Advisors' Opinion:

• [By Dan Caplinger]

  Collecting unpaid debts is a big business, and although there are many small players in the industry, some relatively large companies have sought to build scale in order to be as efficient as possible. PRA Group (NASDAQ:PRAA) has become a leader in debt collection, but what's especially surprising is that even in a strong economy featuring low unemployment rates and steadily rising wage growth, the company has started to see some favorable trends in its collection activity.

• [By Shane Hupp]

  Pra Group (NASDAQ:PRAA) was upgraded by analysts at ValuEngine from a hold rating to a buy rating.

  PTC Therapeutics (NASDAQ:PTCT) was upgraded by analysts at ValuEngine from a buy rating to a strong-buy rating.

• [By Logan Wallace]

  Carillon Tower Advisers Inc. raised its stake in PRA Group (NASDAQ:PRAA) by 706.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,032 shares of the business services provider’s stock after buying an additional 73,617 shares during the quarter. Carillon Tower Advisers Inc. owned about 0.19% of PRA Group worth $3,193,000 at the end of the most recent quarter.

• [By Logan Wallace]

  Pra Group Inc (NASDAQ:PRAA) SVP Christopher D. Lagow sold 1,474 shares of the stock in a transaction on Thursday, September 13th. The stock was sold at an average price of $37.70, for a total value of $55,569.80. Following the transaction, the senior vice president now owns 18,273 shares of the company’s stock, valued at $688,892.10. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Hot Casino Stocks To Buy Right Now: Cass Information Systems, Inc(CASS)

Advisors' Opinion:

• [By Stephan Byrd]

  Bessemer Group Inc. bought a new position in shares of Cass Information Systems (NASDAQ:CASS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,600 shares of the business services provider’s stock, valued at approximately $867,000. Bessemer Group Inc. owned approximately 0.10% of Cass Information Systems as of its most recent filing with the Securities & Exchange Commission.

• [By Logan Wallace]

  Press coverage about Cass Information Systems (NASDAQ:CASS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cass Information Systems earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 44.0125451243393 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Critical Review: Chinanet Online (CNET) and Trade Desk (TTD)

Chinanet Online (NASDAQ:CNET) and Trade Desk (NASDAQ:TTD) are both business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings.

Institutional & Insider Ownership

Get Chinanet Online alerts:

1.0% of Chinanet Online shares are owned by institutional investors. Comparatively, 70.2% of Trade Desk shares are owned by institutional investors. 35.8% of Chinanet Online shares are owned by insiders. Comparatively, 23.5% of Trade Desk shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Chinanet Online and Trade Desk’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chinanet Online	-30.37%	-71.31%	-41.31%
Trade Desk	18.47%	29.35%	10.78%

Earnings & Valuation

This table compares Chinanet Online and Trade Desk’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Chinanet Online	$46.63 million	0.61	-$10.12 million	N/A	N/A
Trade Desk	$477.29 million	16.88	$50.79 million	$1.92	97.06

Trade Desk has higher revenue and earnings than Chinanet Online.

Volatility and Risk

Chinanet Online has a beta of 2.09, indicating that its share price is 109% more volatile than the S&P 500. Comparatively, Trade Desk has a beta of 2.85, indicating that its share price is 185% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Chinanet Online and Trade Desk, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Chinanet Online	0	0	0	0	N/A
Trade Desk	1	5	12	0	2.61

Trade Desk has a consensus price target of $142.35, suggesting a potential downside of 23.61%. Given Trade Desk’s higher possible upside, analysts clearly believe Trade Desk is more favorable than Chinanet Online.

Summary

Trade Desk beats Chinanet Online on 10 of the 11 factors compared between the two stocks.

About Chinanet Online

ChinaNet Online Holdings, Inc., through its subsidiaries, operates an integrated service platform that provides advertising and marketing services in the People's Republic of China. Its platform comprises CloundX, an omni-channel advertising and marketing system; and a data analysis management system. The company offers Internet advertising, precision marketing, and related data and value added services through its Internet advertising portals, including 28.com; and liansuo.com. It also produces and distributes television shows comprising advertisements. The company serves customers in the food and beverage, women accessories, footwear, apparel and garments, home goods and construction materials, environmental protection equipment, cosmetic and health care, education network, and other industries. ChinaNet Online Holdings, Inc. was founded in 2003 and is based in Beijing, the People's Republic of China.

About Trade Desk

The Trade Desk, Inc., a technology company, provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. The company's platform allows clients to manage integrated advertising campaigns in various advertising channels and formats, including connected TV, mobile, video, audio, display, social, and native on various devices, such as smart TVs, computers, and mobile phones and tablets. It serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was founded in 2009 and is headquartered in Ventura, California.

Gerdau SA (GGB) Shares Bought by NEXT Financial Group Inc

NEXT Financial Group Inc increased its position in Gerdau SA (NYSE:GGB) by 9.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 34,500 shares of the basic materials company’s stock after purchasing an additional 3,000 shares during the period. NEXT Financial Group Inc’s holdings in Gerdau were worth $130,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Virtu Financial LLC lifted its position in shares of Gerdau by 10.5% in the fourth quarter. Virtu Financial LLC now owns 66,014 shares of the basic materials company’s stock worth $248,000 after buying an additional 6,253 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of Gerdau by 16.2% in the third quarter. Crossmark Global Holdings Inc. now owns 93,019 shares of the basic materials company’s stock worth $392,000 after buying an additional 12,980 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of Gerdau in the fourth quarter worth about $92,000. Northern Trust Corp lifted its position in shares of Gerdau by 7.7% in the second quarter. Northern Trust Corp now owns 969,501 shares of the basic materials company’s stock worth $3,432,000 after buying an additional 69,268 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Gerdau by 3.7% in the third quarter. Bank of New York Mellon Corp now owns 2,063,258 shares of the basic materials company’s stock worth $8,687,000 after buying an additional 72,739 shares in the last quarter. Institutional investors own 4.76% of the company’s stock.

Get Gerdau alerts:

Shares of GGB stock opened at $3.92 on Thursday. Gerdau SA has a 1 year low of $3.37 and a 1 year high of $5.13. The company has a current ratio of 2.42, a quick ratio of 1.43 and a debt-to-equity ratio of 0.60. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 43.56, a P/E/G ratio of 0.32 and a beta of 1.95.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 25th. Shareholders of record on Monday, March 11th will be given a dividend of $0.0268 per share. The ex-dividend date of this dividend is Friday, March 8th. This is an increase from Gerdau’s previous quarterly dividend of $0.01. This represents a $0.11 dividend on an annualized basis and a yield of 2.74%. Gerdau’s dividend payout ratio is 144.44%.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Gerdau from a “hold” rating to a “sell” rating in a research report on Wednesday, February 20th. ValuEngine downgraded Gerdau from a “hold” rating to a “sell” rating in a research report on Tuesday, February 19th. Scotiabank upgraded Gerdau from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 18th. Finally, Goldman Sachs Group assumed coverage on Gerdau in a research report on Thursday, December 13th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $4.50.

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Gerdau Profile

Gerdau SA provides steel-related products and services worldwide. It operates through four segments: Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. The company offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles, which are used primarily in the construction and manufacturing industries; and drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps, as well as mines and produces iron ore.

Read More: Why is the ex-dividend date different from the record date?

Want to see what other hedge funds are holding GGB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gerdau SA (NYSE:GGB).

D-Street Buzz: Auto stocks extend rally led by Tata Motors, Eicher Motors; PNB jumps 8%, Tech Mahind

The Sensex and the Nifty have extended the early afternoon gains with the Nifty50 adding 101 points, trading at 10965 while the Sensex jumped 269 points and was trading at 36,332 mark.

Nifty Auto was the outperforming sector led by Tata Motors and Eicher Motors which jumped 7 percent each followed by Ashok Leyland, Hero MotoCorp, Maruti Suzuki and Motherson Sumi Systems.

From the metal space, the top gainers were Jindal Stainless, Hindustan Copper, MOIL, NALCO, SAIL, Tata Steel and APL Apollo.

Nifty PSU Bank was up over 2 percent led by gains from PNB, IDBI Bank, Central Bank of India, Syndicate Bank, Union Bank, Bank of India, Bank of Baroda and Vijaya Bank.

related news Tata Motors, M&M in a fix over government's shifting policy stance on hybrids Ashoka Buildcon rallies 7% after JV emerges as lowest bidder for railway project Mishra Dhatu Nigam rises 20% on order win worth Rs 475cr

The top gainers from NSE included Tata Motors, Eicher Motors, HPCL, Indiabulls Housing and BPCL while the top losers included Tech Mahindra, Wipro, Infosys, L&T and Zee Entertainment.

The most active stocks were Tata Motors, Indiabulls Housing, Eicher Motors, Reliance Industries and Axis Bank.

17 stocks have hit new 52-week high on NSE including Power Finance Corporation, Aavas Financiers, Balrampur Chini, AstraZeneca Pharma, ICICI Lombard, IPCA Laboratories, TTK Prestige and PI Industries.

33 stocks have hit new 52-week low including Gitanjali Gems, JVL Agro, Nagarjuna Oil Refinery, Ramky Infrastructure and Fedders Electric among others.

The breadth of the market favoured the advances with 1501 stocks advancing and 251 declining while 333 remained unchanged. On the BSE, 2041 stocks advanced, 580 declined and 163 remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

For more market news, click here First Published on Mar 5, 2019 02:52 pm