"Goldman Joins the China-Equity Bull Party After Missing Rally," a Bloomberg headline said yesterday… The investing opportunity in Chinese stocks is massive today… It's so important, I launched a new product late last year called True Wealth China Opportunities to take advantage of it. Morgan Stanley was a bit late to the party, publishing a 100-plus pager called "Why We Are Bullish on China" on February 13 of this year. Now Goldman Sachs is the latest to get on board. Finally, the big financial firms see the opportunity we've been writing about for months. And we have more upside ahead… Property stocks and bank stocks are two of our "big four" themes for investing in China right now. Now Goldman is catching on… As Bloomberg reported yesterday, "Chinese banks and property stocks are seen extending gains, with Goldman lifting them to overweight and market-weight respectively."
Top Gold Stocks To Invest In 2018: Opko Health Inc(OPK)
- [By Demitrios Kalogeropoulos]
As for individual stocks, Cabela’s (NYSE:CAB) and Opko Health (NASDAQ:OPK) stood out by posting greater price declines than the broader market.
Opko Health fails a trial
Opko Health shares slumped 19% after the biotech announced disappointing results for one of its most advanced clinical trials. The human growth hormone injection, coded as hGH-CTP, failed to produce a statistically significant improvement over a placebo pill in its phase 3 study.
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Kohlberg Kravis Roberts (KKR) , Opko Health (OPK) and Allergan (AGN) .
Cramer was bearish on Kimberly-Clark (KMB) , Novartis AG (NVS) , Chemours (CC) and Gulfport Energy (GPOR) .
- [By Paul Ausick]
Opko Health Inc. (NASDAQ: OPK) dropped about 3.6% Monday to post a new 52-week low of $6.37 after closing at $6.61 on Friday. The stock’s 52-week high is $12.15. Volume was about 25% higher than the daily average of around 4.6 million shares. The company had no specific news.
- [By Cory Renauer]
Shares of multinational pharmaceutical and diagnostics companyOpko Health, Inc. (NASDAQ:OPK)are feeling the heat after reporting fourth-quarter and full-year 2016 earnings. Despite a major thumping late last year, the stock gave up another 10.5% as of 3:31 p.m. on Thursday.
- [By Paul Ausick]
Opko Health Inc. (NASDAQ: OPK) dropped about 11.7% Wednesday to post a new 52-week low of $6.65 after closing at $7.53 on Tuesday. The stock’s 52-week high is $12.15. Volume of more than 15 million was nearly 4 times the daily average of around 4 million shares traded. On Tuesday the company reported a first-quarter loss.
- [By Keith Speights]
Some biotech stocks have made shareholders a lot of money over the last decade. Few, though, have performed as well as Opko Health (NASDAQ:OPK), Incyte (NASDAQ:INCY), and China Biologic Products (NASDAQ:CBPO). These three biotech stocks turned an initial investment of $10,000 into more than $100,000 in just 10 years. Here’s how they did it.
Top Gold Stocks To Invest In 2018: Cidara Therapeutics, Inc.(CDTX)
- [By Lee Jackson]
These companies also reported insider buying last week: Cidara Therapeutics Inc. (NASDAQ: CDTX), Ducommun Inc. (NYSE: DCO), HealthEquity Inc. (NASDAQ: HQY), Panhandle Oil and Gas Inc. (NYSE: PHX) and PolarityTE Inc. (NASDAQ: COOL).
Top Gold Stocks To Invest In 2018: W&T Offshore Inc.(WTI)
- [By Lee Jackson]
W&T Offshore Inc. (NYSE: WTI) had a big buy hit the tape last week. CEO Tracy Krohn picked up a massive 1,180,888 shares of the independent oil and natural gas producer at $1.94 per share. The total for the trade came in right at the $2 million level.The company engages in the acquisition, exploration and development of oil and natural gas properties in the Gulf of Mexico. The stock closed Friday at $2.67, so outstanding timing, indeed.
- [By John Bromels]
Shares of oil and gas drillerW&T Offshore(NYSE:WTI) fell throughout April, finishing the month at $2.04 per share, down 26.4%.
W&T is a small company primarily focused on natural gas liquids production in the Gulf of Mexico. In April, its market cap dropped about $100 million to $280 million. Huge swings like that aren’t uncommon for small companies, but what was unusual was the apparent lack of rationale for the drop.
Top Gold Stocks To Invest In 2018: Canadian National Railway Company(CNI)
- [By Monica Gerson]
Canadian National Railway (USA) (NYSE: CNI) is estimated to post its quarterly earnings at $0.92 per share on revenue of $3.08 billion.
Container Store Group Inc (NYSE: TCS) is expected to post its quarterly earnings at $0.21 per share on revenue of $230.53 million.
- [By Brett Hershman]
The Swiss bank said it was raising first-quarter estimates on four of the six rails it covers, with updated estimates above consensus on Canadian National Railway (USA) (NYSE: CNI), CSX Corporation (NASDAQ: CSX) and Kansas City Southern (NYSE: KSU), which is seen to show upside against low expectations.