Wells Fargo & Company MN lowered its stake in Andeavor (NYSE:ANDV) by 48.1% in the second quarter, Holdings Channel reports. The fund owned 362,239 shares of the oil and gas company’s stock after selling 335,515 shares during the quarter. Wells Fargo & Company MN’s holdings in Andeavor were worth $47,518,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. FIL Ltd lifted its holdings in shares of Andeavor by 48.7% in the first quarter. FIL Ltd now owns 1,653,124 shares of the oil and gas company’s stock worth $166,238,000 after acquiring an additional 541,461 shares during the last quarter. LSV Asset Management increased its stake in shares of Andeavor by 17.0% in the first quarter. LSV Asset Management now owns 1,203,174 shares of the oil and gas company’s stock valued at $120,991,000 after buying an additional 174,600 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of Andeavor by 57.0% in the first quarter. Westfield Capital Management Co. LP now owns 1,148,183 shares of the oil and gas company’s stock valued at $115,461,000 after buying an additional 416,928 shares during the period. Guggenheim Capital LLC increased its stake in shares of Andeavor by 3.7% in the first quarter. Guggenheim Capital LLC now owns 712,050 shares of the oil and gas company’s stock valued at $71,602,000 after buying an additional 25,705 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Andeavor by 0.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 696,300 shares of the oil and gas company’s stock valued at $91,340,000 after buying an additional 2,713 shares during the period. 80.00% of the stock is owned by hedge funds and other institutional investors.
Top 10 Value Stocks To Buy For 2019: TRACON Pharmaceuticals, Inc.(TCON)
Advisors' Opinion:- [By Stephan Byrd]
TRACON Pharmaceuticals Inc (NASDAQ:TCON) fell 12.3% during trading on Wednesday . The company traded as low as $1.23 and last traded at $1.21. 896,880 shares changed hands during trading, an increase of 112% from the average session volume of 422,831 shares. The stock had previously closed at $1.38.
- [By Shane Hupp]
Get a free copy of the Zacks research report on TRACON Pharmaceuticals (TCON)
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Top 10 Value Stocks To Buy For 2019: Cyclacel Pharmaceuticals Inc.(CYCC)
Advisors' Opinion:- [By Ethan Ryder]
Cyclacel Pharmaceuticals (NASDAQ:CYCC) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “CYCLACEL is a biopharmaceutical company dedicated to the discovery, development and commercialization of novel, mechanism-targeted drugs to treat human cancers and other serious disorders. Three orally-available Cyclacel drugs are in clinical development. Sapacitabine, a cell cycle modulating nucleoside analog, is in Phase 2 studies for the treatment of acute myeloid leukemia in the elderly, myelodysplastic syndromes and cutaneous T-cell lymphoma. Seliciclib (CYC202 or R-roscovitine), a CDK inhibitor, is in Phase 2 for the treatment of lung cancer and nasopharyngeal cancer. “
- [By Ethan Ryder]
Shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) shot up 7.5% during trading on Friday . The stock traded as high as $0.90 and last traded at $0.86. 1,753,743 shares traded hands during mid-day trading, an increase of 258% from the average session volume of 489,758 shares. The stock had previously closed at $0.80.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Cyclacel Pharmaceuticals (CYCC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Value Stocks To Buy For 2019: Euro FX(P)
Advisors' Opinion:- [By Rick Munarriz]
A possible explanation for the uptick in shorts could be its recently concluded purchase of Pandora (NYSE:P) in an all-stock deal. Arbitragers could've bought Pandora and shorted the deal-equivalent number of Sirius XM stocks to lock in the modest discount available to Pandora investors. We'll find out soon if that was the case. The Pandora deal closed the day after Sirius XM hit its year-high short position. We'll get a clearer snapshot of the situation when the exchanges report their mid-month tallies later this month.
- [By Rick Munarriz]
One of this year's best comeback stories is falling into the arms of its most logical partner. Pandora (NYSE:P) is being acquired by Sirius XM Radio (NASDAQ:SIRI) in an all-stock deal that is currently valued at roughly $3.5 billion. Pandora investors will receive 1.44 newly issued shares of Sirius XM for every share they presently own. Sirius XM closed at $6.98 on Friday, translating into a buyout price of $10.05 per share.
- [By Jim Royal]
Fresh off news that it was buying Pandora Media (NYSE:P), Sirius XM (NASDAQ:SIRI) slumped 8% early on Monday. It's the cheapest the stock has been in months, and investors seemed to jeer the all-stock deal. But if history is any guide, it's a bad bet to go against superinvestor John Malone, whose Liberty empire controls Sirius XM.
- [By Steve Symington]
Pandora Media inc. (NYSE:P) stock climbed 37.1% in August, according to data from S&P Global Market Intelligence, driven by the streaming music leader's better-than-expected second-quarter 2018 results and subsequent encouraging analyst commentary.
Top 10 Value Stocks To Buy For 2019: Flextronics International Ltd.(FLEX)
Advisors' Opinion:- [By Timothy Green]
Shares of manufacturing services provider Flex Ltd. (NASDAQ:FLEX) slumped on Friday after the company reported mixed fourth-quarter results and provided earnings guidance that fell short of analyst expectations. As of 11:15 a.m. EDT, the stock was down about 16%.
- [By Max Byerly]
Get a free copy of the Zacks research report on Flex (FLEX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Paul Ausick]
Flex Ltd. (NASDAQ: FLEX) fell by nearly 22% Friday to post a new 52-week low of $13.05 after closing at $16.64 on Thursday. The 52-week high is $19.71. Volume of about 28 million was nearly seven times the daily average of about 4.4 million. The company missed earnings estimates this morning and announced that it is investigating allegations of improper accounting.
Top 10 Value Stocks To Buy For 2019: Motorola Solutions, Inc.(MSI)
Advisors' Opinion:- [By Ethan Ryder]
Motorola Solutions (NYSE:MSI) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share guidance of $7.55-7.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.56. The company issued revenue guidance of $7.784-7.857 billion, compared to the consensus revenue estimate of $7.7 billion.Motorola Solutions also updated its FY19 guidance to $7.55-7.70 EPS.
- [By Shane Hupp]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lowered its holdings in Motorola Solutions Inc (NYSE:MSI) by 4.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 434,200 shares of the communications equipment provider’s stock after selling 20,800 shares during the quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Motorola Solutions were worth $45,721,000 as of its most recent SEC filing.
- [By Shane Hupp]
Technical Communications (NASDAQ:TCCO) and Motorola Solutions (NYSE:MSI) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, analyst recommendations, institutional ownership, earnings and profitability.
- [By Logan Wallace]
Norinchukin Bank The boosted its stake in shares of Motorola Solutions Inc (NYSE:MSI) by 16.8% during the first quarter, HoldingsChannel.com reports. The firm owned 15,755 shares of the communications equipment provider’s stock after purchasing an additional 2,263 shares during the quarter. Norinchukin Bank The’s holdings in Motorola Solutions were worth $1,659,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Ethan Ryder]
Commerzbank Aktiengesellschaft FI raised its position in Motorola Solutions Inc (NYSE:MSI) by 26.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,809 shares of the communications equipment provider’s stock after purchasing an additional 8,612 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Motorola Solutions were worth $4,749,000 as of its most recent filing with the Securities and Exchange Commission.
Top 10 Value Stocks To Buy For 2019: Omnicom Group Inc.(OMC)
Advisors' Opinion:- [By Max Byerly]
Centre Asset Management LLC cut its position in shares of Omnicom Group Inc. (NYSE:OMC) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 85,970 shares of the business services provider’s stock after selling 1,610 shares during the quarter. Centre Asset Management LLC’s holdings in Omnicom Group were worth $6,557,000 as of its most recent SEC filing.
- [By Logan Wallace]
Omnicom Group (NYSE: OMC) and Publicis Groupe (OTCMKTS:PUBGY) are both large-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.
- [By Ethan Ryder]
Omicron (CURRENCY:OMC) traded flat against the dollar during the 1 day period ending at 18:00 PM ET on May 21st. One Omicron coin can currently be purchased for $0.13 or 0.00001569 BTC on major exchanges. Over the last week, Omicron has traded 2.8% lower against the dollar. Omicron has a market capitalization of $0.00 and approximately $0.00 worth of Omicron was traded on exchanges in the last 24 hours.
- [By Steve Symington]
Omnicom Group (NYSE:OMC) announced mixed second-quarter 2018 results relative to expectations on Tuesday morning. The marketing communications specialist highlighted solid profitability and organic growth across most of its industry disciplines, but also a troublesome revenue decline from its core North American market.
- [By Joseph Griffin]
Shares of Omnicom Group (NYSE:OMC) have been given an average rating of “Hold” by the eighteen analysts that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $81.30.
- [By Logan Wallace]
Omnicom Group Inc. (NYSE:OMC) – Analysts at Jefferies Financial Group issued their Q3 2018 earnings per share (EPS) estimates for shares of Omnicom Group in a research note issued to investors on Tuesday, July 17th. Jefferies Financial Group analyst J. Janedis forecasts that the business services provider will post earnings per share of $1.22 for the quarter. Jefferies Financial Group also issued estimates for Omnicom Group’s Q4 2018 earnings at $1.68 EPS, FY2018 earnings at $5.63 EPS, Q1 2019 earnings at $1.11 EPS, Q2 2019 earnings at $1.60 EPS, Q3 2019 earnings at $1.29 EPS and Q4 2019 earnings at $1.77 EPS.
Top 10 Value Stocks To Buy For 2019: Jupai Holdings Limited(JP)
Advisors' Opinion:- [By Lisa Levin]
Jupai Holdings Limited (NYSE: JP) shares shot up 16 percent to $26.48 after reporting Q1 results.
Shares of American Woodmark Corporation (NASDAQ: AMWD) got a boost, shooting up 13 percent to $100.05 after the company reported upbeat Q4 results.
- [By Stephan Byrd]
Jupai (NYSE:JP) and Premier (NASDAQ:PINC) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, earnings, institutional ownership and risk.
- [By Ethan Ryder]
Jupai Holdings Ltd (NYSE:JP) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $7.21 and last traded at $7.26, with a volume of 176985 shares changing hands. The stock had previously closed at $7.63.
- [By Lisa Levin] Gainers Axovant Sciences Ltd. (NASDAQ: AXON) shares rose 23.7 percent to $1.49. Axovant announced strengthening of management team and completion of organization restructuring which "enhanced capabilities in research and business development" and reduced internal headcount by 43 percent. Mammoth Energy Services, Inc. (NASDAQ: TUSK) shares jumped 19.8 percent to $37.3148. Mammoth Energy’s subsidiary Cobra signed a new $900 million contract to finish the restoration of critical electrical services and support the initial phase of reconstruction of the electrical utility system in Puerto Rico. Acorn International, Inc. (NYSE: ATV) shares gained 19 percent to $34.0201. Acorn shares rose Friday after the company declared a special one-time cash dividend of $14.97 per ADS. DHI Group, Inc. (NYSE: DHX) shares surged 19 percent to $2.20. My Size, Inc. (NASDAQ: MYSZ) climbed 16.8 percent to $1.18 after the company received a Notice of Allowance from the USPTO for measurement technology patent. Global Eagle Entertainment Inc. (NASDAQ: ENT) gained 16.6 percent to $2.32. Leju Holdings Limited (NYSE: LEJU) gained 16.5 percent to $1.34 following Q1 beat. Evolus, Inc. (NASDAQ: EOLS) shares surged 16.5 percent to $26.1499. Evolus named Lauren Silvernail as Chief Financial Officer and Executive Vice President, Corporate Development. Jupai Holdings Limited (NYSE: JP) shares gained 15 percent to $26.29 after reporting Q1 results. Momo Inc. (NASDAQ: MOMO) shares gained 15 percent to $44.7702 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the second quarter. Windstream Holdings, Inc. (NASDAQ: WIN) rose 15 percent to $7.075. China Advanced Construction Materials Group, Inc. (NASDAQ: CADC) gained 14.4 percent to $2.746. American Woodmark Corporation (NASDAQ: AMWD) climbed 14.2 percent to $101.10 after the company reported upbeat Q4 results. Savara Inc. (NAS
- [By Lisa Levin]
On Tuesday, the financial shares surged 0.71 percent. Meanwhile, top gainers in the sector included Guaranty Bancorp (NASDAQ: GBNK), up 5 percent, and Jupai Holdings Limited (NYSE: JP) up 5 percent.
- [By Lisa Levin] Gainers TransEnterix, Inc. (NYSE: TRXC) rose 28.8 percent to $4.03 in pre-market trading after the company disclosed that it has received the FDA clearance for expanded indications for its Senhance Surgical System. Global Eagle Entertainment Inc. (NASDAQ: ENT) rose 15.6 percent to $2.30 in pre-market trading. Companhia Brasileira de Distribuição (NYSE: CBD) rose 13.2 percent to $24.20 in pre-market trading. ZTO Express (Cayman) Inc. (NYSE: ZTO) rose 12.2 percent to $21.65 in pre-market trading. Alibaba and Cainiao agreed to make strategic investment in ZTO Express of $1.38 billion. DHI Group, Inc. (NYSE: DHX) rose 10.8 percent to $2.05 in pre-market trading. Momo Inc. (NASDAQ: MOMO) shares rose 9.6 percent to $42.68 in pre-market trading after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the second quarter. Xenon Pharmaceuticals Inc. (NASDAQ: XENE) shares rose 9.1 percent to $6.00 in pre-market trading. Universal Display Corporation (NASDAQ: OLED) rose 8.4 percent to $108.00 in pre-market trading. Jupai Holdings Limited (NYSE: JP) shares rose 7 percent to $24.50 in pre-market trading after reporting Q1 results. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) rose 5.9 percent to $10.61 in pre-market trading. Frontline Ltd. (NYSE: FRO) rose 5.9 percent to $5.04 in pre-market trading. Evogene Ltd. (NASDAQ: EVGN) rose 5.5 percent to $3.27 in pre-market trading after reporting Q1 results. Sears Holdings Corporation (NASDAQ: SHLD) rose 5.5 percent to $3.68 in pre-market trading after gaining 5.44 percent on Friday. Kitov Pharma Ltd (NASDAQ: KTOV) shares rose 5.4 percent to $2.16 in pre-market trading.
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Top 10 Value Stocks To Buy For 2019: Internet Initiative Japan Inc.(IIJI)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Internet Initiative Japan (IIJI)
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 Internet Initiative Japan (IIJI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Internet Initiative Japan (IIJI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Value Stocks To Buy For 2019: Ascent Capital Group, Inc.(ASCMA)
Advisors' Opinion:- [By Alexander Bird]
Here are the top performers from last week…
Penny Stock Current Share Price Last Week's Gain Aegean Marine Petroleum Network Inc. (NYSE: ANW) $1.83 165.71% Radisys Corp. (Nasdaq: RSYS) $1.55 115.68% Ascent Capital Group Inc. (Nasdaq: ASCMA) $3.71 43.12% Adamis Pharmaceuticals Corp. (Nasdaq: ADMP) $4.36 40.63% Tintri Inc. (Nasdaq: TNTR) $0.18 40.49% Prana Biotechnology Ltd. (Nasdaq: PRAN) $2.35 39.96% Micronet Enertec Technologies Inc. (Nasdaq: MICT) $1.60 39.40% Corindus Vascular Robotics (NYSE: CVRS) $1.17 34.40% ParkerVision Inc. (Nasdaq: PRKR) $0.70 30.65% SuperCom Ltd. (Nasdaq: SPCB) $0.24 30.10%While these gains are exciting, they pale in comparison to the profit potential of our top penny stock to buy this week.
- [By Money Morning Staff Reports]
After looking at last week's top performing penny stocks, we'll show you a small-cap stock with real growth potential that just popped up on our radar…
Penny Stock Current Share Price Last Week's Gain New Age Beverage Corp. (NADAQ: NBEV) $3.94 286.79% India Globalization Capital Inc. (NYSE: IGC) $2.18 181.55% Ascent Capital Group Inc. (NASDAQ: ASCMA) $2.16 103.85% Netlist Inc. (NASDAQ: NLST) $0.73 80.56% Oragenics Inc. (NYSE: OGEN) $0.92 71.63% Astrotech Corp. (NASDAQ: ASTC) $3.44 68.37% Command Security Corp. (NYSE: MOC) $2.77 51.09% Oasmia Pharmaceuticals (NASDAQ: OASM) $3.57 50.66% NovaBay Pharmaceuticals Inc. (NYSE: NBY) $2.10 48.15% Navidea Biopharmaceuticals Inc. (NYSE: NAVB) $0.25 45.72%While the gains these stocks made are exciting, they also highlight the danger of investing in penny stocks.
- [By Shane Hupp]
Ascent Capital Group (NASDAQ: ASCMA) and Applied DNA Sciences (NASDAQ:APDN) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, risk, profitability, earnings and institutional ownership.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Ascent Capital Group Inc Series A (ASCMA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Value Stocks To Buy For 2019: SoftBank Group Corp. (SFTBY)
Advisors' Opinion:- [By Adam Levine-Weinberg]
Last week, General Motors (NYSE:GM) made a surprise announcement that the SoftBank (NASDAQOTH:SFTBY) Vision Fund had agreed to invest $2.25 billion in GM Cruise Holdings, its autonomous vehicle (AV) subsidiary. SoftBank will get a 19.6% stake in GM Cruise, valuing the unit at a hefty $11.5 billion.
- [By ]
Canadian hard-rock lithium chemicals company Nemaska Lithium (OTCQX:NMKEF) is presently at the end of completing a $500 million capital raise which will allow the company to expand into Phase 2 production of the its facility in Quebec. The company has closed an equity deal valued at nearly $100 million from Japan's SoftBank (OTCPK:SFTBY), executed a streaming agreement with Orion Mine Finance LF valued at over $150 million, and engaged with such high-quality financial groups including Clarkson Platou Securities and Pareto Securities as managers of the bond issuance. Further, Nemaska has signed multiple offtake agreements, including NorthVolt, FMC, Softbank and Johnson Matthey Battery Materials, for the purchase of its lithium chemicals once production begins.
- [By Neha Chamaria]
Berkshire Hathaway isn't just betting on a digital payments company: Paytm's torrid growth reminds me of Amazon and how it wants to be pretty much everywhere. To give you an idea, here are just some of the areas Paytm has already made forays into:
Paytm Wallet -- offers a gamut of wallet services, including travel, event, and entertainment ticketing. Paytm claims to sell nearly 4 million air, rail, and bus tickets monthly, giving India's largest online travel aggregator, MakeMyTrip (NASDAQ:MMYT) a run for its money. For perspective, MakeMyTrip sold around 72.9 million air and bus tickets in fiscal 2018. Paytm aims to double its ticketing volumes in fiscal 2019. On a separate note, Softbank (NASDAQOTH:SFTBY) -- one of Paytm's stakeholders -- is teaming up with the company to launch digital payment services in Japan. Paytm Mall -- already the third-largest e-commerce company in India after Amazon and Flipkart. Paytm Mall generated annualized gross sales worth $3.5 billion in June, according to Livemint; the company is targeting $10 billion in annualized sales by March 2019. Alphabet's Google is now reportedly eyeing a partnership with Paytm Mall to buy a stake in India's largest retailer, Future Group, and join the hot hypermarket and online-grocery race in India. Paytm Payments Bank -- one of only 11 such banks in India to get a payments bank license. This allows it to offer restricted banking services such as low-cost savings accounts, deposits, cards, and fund transfers, primarily targeting India's "unbanked and underbanked" population. Paytm Money -- a mutual fund distribution platform that will start operations soon. Financial services -- expanded offerings including loans, insurance, gold, and foreign exchange. Paytm aims to become the world's "largest digital bank," with 500 million accounts, according to Bloomberg. Paytm Inbox -- a messaging service app akin to Facebook's WhatsApp that also allows money transfer, and will soon offer live television, ga - [By Leo Sun]
Intel's IoT revenues rose 20% last year and accounted for 5% of its top line. That growth looks solid, but Intel remains the underdog in the IoT market compared to SoftBank's (NASDAQOTH:SFTBY) Arm Holdings.
- [By Simon Erickson]
This gives forward-looking acquisitive firms, such as Johnson & Johnson (NYSE:JNJ), SoftBank (NASDAQOTH:SFTBY), or Alphabet, a huge opportunity. They can allow entrepreneurs to pave the innovative path, then invest when they see something they like that would complement their own business. Many of these companies are already actively involved in supporting entrepreneurship, by sponsoring innovation centers and accelerators or by establishing their own venture capital arms.
- [By Simon Erickson]
One company leading the charge in this new era is Softbank (NASDAQOTH:SFTBY) Robotics. Softbank introduced Pepper last year, the first humanoid robot capable of detecting human emotions and adjusting its responses based on the behavior of the other party.
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