Monthly Archives: April 2017

private investors

For year end 2016, the Seeking Alpha Marketplace held a three part roundtable that was attended by its authors. The questions asked to each of the participating authors were about a look back at 2016, a look forward to 2017 and a top pick for 2017 by each author. The three parts are below:

路 Marketplace Roundtable: Looking back at 2016, December 26, 2016

路 Marketplace Roundtable: 2017 Looks Geopolitically Cloudy, With A Chance Of Stronger Growth, December 28, 2016

路 Marketplace Roundtable: Top Picks For 2017, December 30, 2016

Since I only recently became an author of the Seeking Alpha Marketplace, I missed out on contributing to parts 1 and 2 of the 2016 year end roundtable. Below are my answers to the questions that were posed to the authors for parts 1 and 2. My top pick for part 3 was published along with picks of the other authors.

Looking back at 2016

Seeking Alpha: What was the big theme from 2016 in your view, and how di d affect your investing approach?

private investors: Franco-Nevada Corporation(FNV)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Given revised commodity deck forecasts (particularly for Steel and Gold) and improved Balance Sheet health (Steels, Precious and Industrials Metals) we are upgrading our ratings on several stocks in our coverage. We generally favor companies that have already initiated specific self-help, have low-cost assets and are less exposed to China supply and demand dynamics. In Steels, we have increased our rating from Hold to Buy on Nucor (NUE) and from Sell to Hold on US Steel. We have also upgraded Kinross Gold (KGC) to a Hold on valuation…On higher-than-peer valuations, we reiterate Sell-rated Coeur Mining (CDE), Franco-Nevada (FNV), Goldcorp (GG), Teck Resources (TCK) and highly leveraged AK Steel given preference to issue further equity if possible.

  • [By Ben Levisohn]

    Deutsche Bank’s Jorge Beristain and Chris Terry released their earnings preview for the gold miners–including Barrick Gold (ABX), Goldcorp (GG), Franco-Nevada (FNV), and Coeur Mining (CDE)–and conclude that only one gold miner deserves a Buy rating: Newmont Mining (NEM). They explain why:

private investors: Deckers Outdoor Corporation(DECK)

Advisors’ Opinion:

  • [By Matt Hogan]

    SKX is also highly attractive in a relative basis when compared to several of its publicly traded peers: Foot Locker, Inc. (NYSE: FL), Deckers Outdoor Group (NYSE: DECK), Wolverine World Wide, Inc. (NYSE: WWW) and Columbia Sportswear Company (NASDAQ: COLM). The company's forward EBITDA multiple of 6.9x is equal or below all of the comparable companies: FL (6.9x), DECK (7.6x), WWW (10.1x) and COLM (10.8x).

  • [By Ben Levisohn]

    Hanesbrands was just one of many retail companies that got shellacked this week. Under Armour (UAA) tumbled 29% after missing earnings forecasts and cutting its guidance, while Deckers Outdoor (DECK) plunged 21% after its earnings missed the Street consensus, and Ralph Lauren (RL) plummeted 13% after its CEO stepped down.

private investors: priceline.com Incorporated(PCLN)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Also on Monday, Priceline (PCLN) will be reporting and Cramer remained bullish, while warning about the company’s historically cautious forecasts.

    On Tuesday, it’s Domino’s Pizza (DPZ) , Target (TGT) and Valeant Pharmaceuticals (VRX) reporting. Cramer was bullish on Domino’s but warned it may be a target for short sellers. He was also cautiously optimistic on both Target and Valeant.

  • [By Shanthi Rexaline]

    The S&P 500 is celebrating 60 years of existence as an index. Launched on March 4, 1957, it consists of an assortment of stocks belonging to diverse sectors and is considered a bellwether for the U.S. economy.

    Some Curious Facts About the S&P 500 The index is weighted by market capitalization, which is price multiplied by outstanding shares of the constituent stocks. In contrast, the Dow Industrials is weighted exclusively by price. The eligibility criteria for a stock to be included in the S&P 500 Index include a market cap of $5.3 billion, U.S. headquarters, at least half a year since its IPO and four straight quarters of positive reported earnings. The worst annual performance of the index was in 2008, when it lost 38.5 percent. Priceline Group Inc (NASDAQ: PCLN) was the first $1000+ member of the S&P 500 Index, having scaled the barrier in 2013.

    Even as we weigh in the merits of the broader gauge, let's look at some of the market innovations that can claim to be younger than the S&P 500 index itself.

  • [By Ashley Moore]

    Here is a table of the 10 most expensive stocks trading on U.S. markets today:

    Company (Ticker)Price per ShareMarket CapBerkshire Hathaway Inc. (NYSE: BRK-A)$ 257,227.52$ 419.50 billionSeaboard Corp. (NYSEMKT: SEB)$ 3,760.00$ 4.48 billionNVR Inc. (NYSE: NVR)$ 1,944.23$ 7.19 billionThe Priceline Group Inc. (Nasdaq: PCLN)$ 1,727.94$ 80.82 billionMarkel Corp. (NYSE: MKL)$ 978.51$ 13.78 billionWhite Mountains Insurance Group Ltd. (NYSE: WTM)$ 935.01$ 4.25 billionAmazon.com Inc. (Nasdaq: AMZN)$ 846.08$ 408.27 billionAlphabet Inc. (Nasdaq: GOOGL)$ 844.06$ 582.85 billionAutoZone Inc. (NYSE: AZO)$ 744.26$ 21.04 billionIntuitive Surgical Inc. (Nasdaq: ISRG)$ 735.63$ 28.41 billion

private investors: Aclaris Therapeutics, Inc.(ACRS)

Advisors’ Opinion:

  • [By Peter Graham]

    Small cap hair loss stocks Aclaris Therapeutics (NASDAQ: ACRS), Cytori Therapeutics (NASDAQ: CYTX) and RepliCel Life Sciences (OTCQB: REPCF; CVE: RP) are trying to tap into a big market as currently, there are only two FDA-approved drugs available for the treatment of Androgenetic Alopecia (AGA) -also known as male or female pattern baldness (one of which cannot be used by women). Thus, a significant unmet need exists for a safe andefficacious product especially since its experienced by 70% of men and 40% of women as they age.

  • [By Chris Lange]

    Aclaris Therapeutics Inc. (NASDAQ: ACRS) saw its shares make a handy gain on Friday after the company announced the pricing of its secondary offering. The company intends to price its 4 million shares at $22.75 per share, with an overallotment option for an additional 600,000 shares. At this price the entire offering is valued up to $104.65 million.

Hot Safest Stocks To Invest In 2017

The firing of U.S. Attorney Preet Bharara marks the exit of a high-profile Wall Street enforcer.

Bharara, appointed to become U.S. Attorney of the Southern District of New York by former President Barack Obama in 2009, on Saturday said on Twitter he has been fired from his post. On Friday, the Trump administration asked remaining U.S. attorneys appointed by Obama to resign, which Bharara refused, resulting in his forced ouster. Throughout his tenure, Bharara developed a reputation for overseeing high-profile Wall Street cases.

“Part of what the office has always focused on is not just the bringing of cases but the promotion of legality,” said Daniel Richman, professor of law at Columbia Law School and former federal prosecutor. “Preet across the board made an effort to advance legal norms.”

Hot Safest Stocks To Invest In 2017: City Holding Company(CHCO)

Advisors’ Opinion:

  • [By Monica Gerson]

    City Holding Company (NASDAQ: CHCO) is expected to report its quarterly earnings at $0.74 per share on revenue of $42.04 million.

    Compass Minerals International, Inc. (NYSE: CMP) is projected to post its quarterly earnings at $1.33 per share on revenue of $347.03 million.

Hot Safest Stocks To Invest In 2017: Daiichi Sankyo Company, Limited (DSKYF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    According to Bob Radie (see transcript of January 9th teleconference), the company’s president and chief executive officer, a key consideration in the denial was the FDA’s granting, in November 2016, rival product MorphaBond three-year exclusivity for the intranasal route of abuse. Significantly, though, even though MorphaBond – developed by tiny, privately-owned Inspirion Delivery Technologies – was approved in October 2015, it is yet to be commercialized. An October 25, 2016, marketing agreement between Inspirion and Japan-based Daiichi Sankyo, Inc. (OTCPK:DSKYF) suggests MorphaBond could be launched in the near future, but it’s also important to note that the aforementioned exclusivity expires on October 2, 2018, at which point Egalet will be able to include the clinical data from its intranasal abuse potential study in its label.

Hot Safest Stocks To Invest In 2017: Boston Properties, Inc.(BXP)

Advisors’ Opinion:

  • [By Markus Aarnio]

    Owens Realty Mortgage’s competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.

  • [By Paul R. La Monica]

    The fund owned big U.S. real estate investment trusts Boston Properties (BXP) and Vornado (VNO), as well as Japan’s Sumitomo Realty, as of the end of last year. REITs are known for their big dividends.

Top Gold Stocks To Buy Right Now

Originally published on Bullionstar.com

After years of gradually securing its official gold reserves (unwinding leases), the central bank of Austria claims to have completed the audits of its 224 tonnes of gold stored at the BOE. However, it refuses to publish the audit reports and the gold bar list. What could possibly be so sensitive to hide from public eyes?

After the Germans had activated a program to repatriate 150 tonnes of their official gold reserves in 2012, which was revised in 2013 to have 50% of their gold on German soil by 2020, and the Dutch repatriated 123 tonnes in 2014, the Austrians have likely been inspired by these initiatives – if European official gold policy is not adroitly aligned among national central banks behind the scenes. In 2015, the Austrian central bank, the Oesterreichische Nationalbank (OeNB), revealed it would repatriate a significant share of its yellow metal from the UK, where they were storing 80% (224 tonnes) of their t otal reserves (280 tonnes) at the Bank of England (NYSE:BOE). The Austrians decided to eventually have 50% of their gold on own soil by 2020 – just like the Germans.

Top Gold Stocks To Buy Right Now: J & J Snack Foods Corp.(JJSF)

Advisors’ Opinion:

  • [By Monica Gerson]

    J & J Snack Foods Corp (NASDAQ: JJSF) is estimated to post its quarterly earnings at $0.78 per share on revenue of $231.58 million.

    Nabors Industries Ltd. (NYSE: NBR) is expected to post a quarterly loss at $0.33 per share on revenue of $630.85 million.

Top Gold Stocks To Buy Right Now: Fifth Street Asset Management Inc.(FSAM)

Advisors’ Opinion:

  • [By Lisa Levin] Related LOV Match Group And Spark Networks: A Valentine's Day Case Study 20 Biggest Mid-Day Losers For Thursday Related VKTX 15 Biggest Mid-Day Losers For Tuesday 18 Biggest Mid-Day Losers For Wednesday Companies Reporting Before The Bell Canadian Solar Inc. (NASDAQ: CSIQ) is expected to report its quarterly earnings at $0.32 per share on revenue of $690.27 million. General Mills, Inc. (NYSE: GIS) is projected to report its quarterly earnings at $0.71 per share on revenue of $3.84 billion. Coca-Cola European Partners Plc (NYSE: CCE) is estimated to report its quarterly earnings at $0.45 per share on revenue of $2.72 billion. Lands' End, Inc. (NASDAQ: LE) is expected to report its quarterly earnings at $0.35 per share on revenue of $459.43 million. Francesca's Holdings Corp (NASDAQ: FRAN) is estimated to report its quarterly earnings at $0.37 per share on revenue of $145.91 million. Cheetah Mobile Inc (ADR) (NYSE: CMCM) is projected to report its quarterly earnings at $0.06 per share on revenue of $178.04 million. Neogen Corporation (NASDAQ: NEOG) is estimated to report its quarterly earnings at $0.27 per share on revenue of $90.05 million. Lennar Corporation (NYSE: LEN) is projected to post earnings for its first quarter. Fifth Street Asset Management Inc (NASDAQ: FSAM) is expected to report its quarterly earnings at $0.14 per share on revenue of $25.12 million.

     

  • [By Jordan Wathen]

    Last week,The Wall Street Journal broke the news that Fifth Street Asset Management (NASDAQ:FSAM) was on the auction block, apparently for the second time.

Top Gold Stocks To Buy Right Now: Madrigal Pharmaceuticals, Inc. (MDGL)

Advisors’ Opinion:

  • [By WWW.MONEYSHOW.COM]

    Madrigal (MDGL) has a significant market opportunity to treat NASH. Its MGL-3196 is well positioned as a potential treatment when the illness is at its earliest stages of development, and thereby save the most lives and money.

Top Gold Stocks To Buy Right Now: Brink's Company (The)(BCO)

Advisors’ Opinion:

  • [By Lee Jackson]

    Another hedge fund that is also a director at Brink’s Co. (NYSE: BCO) was busy selling stock this past week. Starboard parted with a total of 650,000 shares of the security and protection company at prices that fell between $51.47 and $52.05. The total for the sale was set at $34 million. Shares closed on Friday at $52.00. The consensus price target is $56, and the52-week range is $26.86 to $53.90.

  • [By Benzinga News Desk]

    World Wrestling Entertainment (NYSE: WW) received a pair of downgrades after its earnings report came in below estimates.

    Sell-Side's Most Noteworthy Calls Baird downgraded Cardinal Health (NYSE: CAH) to Neutral. Imperial downgraded Brinks (NYSE: BCO) to In-Line. Jefferies upgraded AK Steel (NYSE: AKS) to Buy. Craig-Hallum upgraded LendingClub (NYSE: LC) to Buy. Deal Talk

    General Electric (NYSE: GE) was said to be in talks to acquire Baker Hughes (NYSE: BHI), according to sources as reported by Dow Jones. A deal could be valued at as much as $30 billion. However, Bloomberg later reported that a GE spokesperson said they're in talks with Baker Hughes regarding possible partnerships, but not an acquisition. Halliburton (NYSE: HAL) had attempted to acquire Baker Hughes in 2014, but the DoJ sued to block the deal valued at $35 billion.

Top Gold Stocks To Buy Right Now: KongZhong Corporation(KZ)

Advisors’ Opinion:

  • [By Monica Gerson]

    The list of below stocks is notable as the shares have traded on sequentially increasing volume spanning the trading days from September 16 to September 20:

Top Gold Stocks To Buy Right Now: Immunomedics, Inc.(IMMU)

Advisors’ Opinion:

  • [By Chris Lange]

    Immunomedics, Inc. (NASDAQ: IMMU) saw its shares rise after the firm sent out a letter to shareholders imploring them to vote for its director nominees at the upcoming annual stockholders meeting on February 16. The board of directors is making this request because it is currently waging a proxy contest with venBio SelectAdvisor.

Jon Najarian Sees Unusual Options Activity In Kohl's And Lululemon

Related KSS Massive Layoffs In Retail May Be Approaching Under Armour Downgraded As Nike Price Wars Intensify Donald L. Hagan, LLC Buys iShares Core S&P 5, iShares Russell Growth, … (GuruFocus) Related LULU Jim Cramer Weighs In On Lululemon And U.S. Steel PreMarket Prep Recap For April 12: What To Do When Your Targets Get Hit The Vetr community has downgraded $LULU to 3-Stars (Vetr)

On CNBC's Fast Money Halftime Report, Jon Najarian spoke about bullish options activity in Kohl's Corporation (NYSE: KSS). He said traders were buying the May 42.5 calls and they were selling puts to finance the purchase. Najarian believes the stock is going to trade higher into the earnings and he decided to follow the trade. He is planning to hold the position for two to three weeks.

Najarian also noticed bullish activity in Lululemon Athletica inc. (NASDAQ: LULU). He said that short-term options traded significantly higher on private equity rumors. He has a long position in the name.

Mark Zuckerberg makes cursory mention of Facebook murder video at F8

Mark Zuckerberg used his biggest press event of the year to briefly address an uproar over a murder video posted to Facebook.

“We have a lot of work, and we will keep doing all we can to prevent tragedies like this from happening,” Zuckerberg said on stage at F8, Facebook’s annual developers conference.

“Our hearts go out to the family and friends of Robert Godwin Sr.,” Zuckerberg added. He opened his keynote with jokes about the Fast and the Furious. He spoke briefly about building community before addressing the Cleveland murder.

On Sunday, a Cleveland man posted a video to Facebook (FB, Tech30) of him shooting and killing Godwin., a 74-year-old grandfather who was on his way home from an Easter meal with family.

Just an hour before the conference kicked off, news broke that the murder suspect had been found dead of a self-inflicted gunshot wound.

The murder video stayed up for more than two hours on Sunday before it was removed by Facebook, according to a timeline later shared by the company. The delay reignited criticism over Facebook’s handling of offensive content.

“We know we need to do better,” Justin Osofsky, VP of global operations at Facebook, wrote in a post Monday.

It’s just the latest in a growing list of disturbing videos of murder, suicide, torture and beheading published on Facebook, however briefly, either through live broadcasts or video uploads.

A source close to Facebook says it has “thousands” of people reviewing content around the world. Once a piece of content is reported by users as inappropriate, it is typically reviewed “within 24 hours.”

But some have criticized Facebook for making users its first line of defense.

“It’s actually the users who are exposed to something that they find disturbing, and then they start that process of review,” says Sarah T. Roberts, an assistant professor at UCLA who studies online content mode ration.

In the case of the most recent murder video, nearly two hours passed before users reported it on Facebook, according to the company. Facebook disabled the account behind the video 23 minutes after that.

In a lengthy manifesto about the future of Facebook published in February, Zuckerberg acknowledged “terribly tragic events — like suicides, some live streamed — that perhaps could have been prevented if someone had realized what was happening and reported them sooner.”

Zuckerberg said Facebook is developing artificial intelligence to better flag content on the site. This system “already generates about one-third of all reports to the team that reviews content,” according to Zuckerberg’s post.