Monthly Archives: April 2018

Top 5 Performing Stocks To Invest In Right Now

(Photographer: Michael Nagle/Bloomberg)

Disclosure: I have no positions in Chevron, IBM, Coca Cola, Merck, Procter & Gamble, Verizon, Pfizer, ExxonMobil or any other stock mentioned in this article.

The Dow Jones Industrial Average ended 2017 up 25.1% for the year, lagging its all-time intraday high of 24,876.07 set on Dec. 18. The eight Dogs of the Dow for 2017 had an aggregate gain of a solid 16.1% for the year.

Boeing (BA) must be removed from the dogs as it was the best performing Dow component for the year with a gain of 89.4%. Its dividend yield fell to just 2.31%, so if you bought this stock a year ago as a dog, book the huge gain now.

Cisco Systems (CSCO) is removed despite a favorable dividend yield of 3.24%, as it had a bull market year with a gain of 26.7%. Book this huge dog gain now.

Top 5 Performing Stocks To Invest In Right Now: Monsanto Company(MON)

Advisors’ Opinion:

  • [By Max Byerly]

    Monsanto (NYSE:MON) was downgraded by equities research analysts at Argus from a “buy” rating to a “sell” rating in a research note issued to investors on Monday, The Fly reports.

  • [By Maxx Chatsko]

    BeforeBayer(NASDAQOTH: BAYRY)arrived onto the scene, I viewedMonsanto(NYSE: MON)as an intriguing growth stock. It has a rich history of delivering value to shareholders and continues to hold a dominant technological edge over key competitors in crop protection products, seeds, and traits. While little has changed its promising pipeline and portfolio, the pending acquisition throws a wrench in anyone’s plans to start or add to a position. Uncertainty stemming from the merger provides several terrible reasons to buy Monsanto at this time.

  • [By ]

    Bayer AG (BAYRY) also rose 4.13% to 97.29 on reports that its mega-merger with Monsanto Co. (MON) would likely be approved by the Department of Justice. The Wall Street Journal reported that the companies have agreed additional asset sales.

  • [By Chris Lange]

    Monsanto Co. (NYSE: MON) is expected to share its most recent quarterly numbers first thing Thursday. Analysts are looking for $0.42 in earnings per share (EPS) and $2.77 billion in revenue. Shares were last seen at $116.78 apiece, in a 52-week range of $104.77 to $122.80. The consensus price target is $125.18.

Top 5 Performing Stocks To Invest In Right Now: Invesco Municipal Opportunity Trust(VMO)

Advisors’ Opinion:

  • [By Logan Wallace]

    Invesco Van Kampen Municpl Opprtnty Trst (NYSE:VMO) declared a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 17th will be paid a dividend of 0.0554 per share by the investment management company on Monday, April 30th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date of this dividend is Monday, April 16th.

Top 5 Performing Stocks To Invest In Right Now: International Tower Hill Mines Ltd(THM)

Advisors’ Opinion:

  • [By Money Morning News Team]

    While a 209% gain is exciting, FunctionX’s gains are in the past. After looking at the 10 top penny stocks to watch this week, we’ll show you a small-cap stock with serious profit potential ahead of it…

    Penny Stock Current Share Price Law Week’s Gain
    FunctionX Inc. (OTCMKTS: FNCX) $0.03 209%
    Turtle Beach Corp. (Nasdaq: HEAR) $4.48 52.73%
    DPW Holdings Inc. (NYSE: DPW) $1.16 51.31%
    Energy XXI Gulf Coast Inc. (Nasdaq: EGC) $5.62 49.33%
    MYnd Analytics Inc. (Nasdaq: MYND) $1.91 49.21%
    Kingtone Wirelessinfo Solutions Holding Ltd. (Nasdaq: KONE) $6.43 48.42%
    Rennova Health Inc. (OTCMKTS: RNVA) $0.02 44.30%
    International Tower Hill Mines Ltd. (NYSE: THM) $0.72 41.64%
    Blonder Tongue Labs Inc. (NYSE: BDR) $1.13 41.14%
    Bellicum Pharmaceuticals Inc. (Nasdaq: BLCM) $8.87 40.53%

    As the gains above suggest, penny stocks can provides tremendous returns for investors very quickly. However, it’s important to note that investing in penny stocks is also inherently risky.

Top 5 Performing Stocks To Invest In Right Now: Tanger Factory Outlet Centers Inc.(SKT)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    In the Lightning Round, Cramer was bullish on Palo Alto Networks (PANW) , Cisco Systems (CSCO) , Tanger Factory Outlet Centers (SKT) and Consolidated Edison (ED) .

  • [By Paul Ausick]

    Tanger Factory Outlet Centers Inc. (NYSE: SKT) traded down nearly 10% Wednesday and posted a new 52-week low of $21.14 after closing Tuesday at $23.47. The stock’s 52-week high is $34.76. Volume was around 6.9 million, nearly five times the daily average. The companr reported results after markets closed Tuesday.

  • [By Shauna O’Brien]

    Jefferies announced on Wednesday that it has cut its rating on Tanger Factory Outlet Centers Inc. (SKT).

    The firm has downgraded SKT from “Buy” to “Hold,” and has lowered the company’s price target from $40 to $35. This price target suggests an 8% upside from the stock’s current price of $32.22.

    Analyst Omotayo Okusanya commented: “We expect near-term headwinds for the mall and outlet mall segment as tenant sales growth appears to be slowing.”

    “At SKT, development yields on two projects have also been reduced. Further, rising interest rates negatively impact our DDM-derived PT. Our lowered PT of $35 represents a 10% total return over the next-twelve-months (NTM); we are downgrading to Hold,” added the analyst.

    Tanger Factory Outlet shares were mostly flat during pre-market trading Wednesday. The stock is up more than 5% YTD.

Top 5 Performing Stocks To Invest In Right Now: Farmers Capital Bank Corporation(FFKT)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    AGM Group Holdings Inc. (NASDAQ: AGMH) shares climbed 30.3 percent to $11.05 after climbing 34.60 percent on Thursday.
    Limelight Networks, Inc. (NASDAQ: LLNW) jumped 21.2 percent to $4.9699 following a first-quarter earnings beat. The company also raised its fiscal 2018 estimates.
    Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) shares climbed 18.8 percent to $7.89 after reporting strong Q1 earnings.
    Farmers Capital Bank Corp (NASDAQ: FFKT) gained 15.4 percent to $48.75. WesBanco Inc (NASDAQ: WSBC) announced an agreement and plan of merger with Farmers Capital Bank Corporation.
    TransUnion (NYSE: TRU) climbed 10.2 percent to $66.76 after the company posted upbeat Q1 results and issued a strong forecast for the second quarter. TransUnion announced plans to acquire Callcredit.
    Myomo, Inc. (NYSE: MYO) shares gained 9.2 percent to $3.9299 after rising 8.11 percent on Thursday.
    Pinnacle Foods Inc (NYSE: PF) gained 8.8 percent to $60.04 after a 13-D filing from Jana Partners showed an increased stake in the comapny, from 1.42 million shares at the end of last quarter to 10.83 million shares, or a 9.3-percent stake.
    Associated Banc-Corp (NYSE: ASB) shares climbed 8.8 percent to $26.70 following upbeat Q1 earnings.
    OFG Bancorp (NYSE: OFG) gained 8.5 percent to $12.80 after reporting Q1 results.
    Cleveland-Cliffs Inc. (NYSE: CLF) climbed 7.5 percent to $7.73 following Q1 results.
    Seaspan Corporation (NYSE: SSW) shares climbed 6.7 percent to $7.50. Deutsche Bank upgraded Seaspan from Hold to Buy.
    General Electric Company (NYSE: GE) shares rose 4.6 percent to $14.63 after the company reported better-than-expected earnings for its first quarter.
    Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) rose 4.3 percent to $47.80. Biogen and Ionis have expanded their strategic collaboration to develop drug candidates for a broad range of neurological diseases.

    Check out these big penny stock gainers and losers

  • [By Lisa Levin]

    Friday afternoon, the financial shares climbed 0.11 percent. Meanwhile, top gainers in the sector included Farmers Capital Bank Corporation (NASDAQ: FFKT), up 16 percent, and OFG Bancorp (NYSE: OFG), up 10 percent.

  • [By Lisa Levin]

    On Friday, the financial shares climbed 0.31 percent. Meanwhile, top gainers in the sector included Farmers Capital Bank Corporation (NASDAQ: FFKT), up 16 percent, and Associated Banc-Corp (NYSE: ASB), up 10 percent.

  • [By Lisa Levin]

    Friday morning, the financial shares climbed 0.50 percent. Meanwhile, top gainers in the sector included Farmers Capital Bank Corporation (NASDAQ: FFKT), up 16 percent, and Associated Banc-Corp (NYSE: ASB), up 9 percent.

GE Rises on Earnings and Revenue Beats Despite Weakness in Power

General Electric Co. (GE) shares jumped Friday, April 20, after posting top- and bottom-line beats for the first quarter that were driven by strength in the company’s aviation and healthcare businesses. 

The Boston-based industrial conglomerated reported a loss of 14 cents a share, wider than last year’s loss of 1 cent. Earnings, adjusted for one-time items, came to 16 cents a share, beating forecasts that called for 12 cents. Revenue rose about 7% to $28.66 billion, surpassing estimates of $27.6 billion.

Shares of GE rose 7% to $14.96 at 9:30 a.m. New York time.

CEO John Flannery said the company is seeing signs of progress in its performance and the quarterly results are a step forward in executing its 2018 plan.

“Industrial earnings, free cash flow, and margins all improved year over year,” Flannery said in a statement. “We reduced Industrial structural costs by $805 million and are on track to exceed our cost reduction goal of $2 billion in 2018.”

Earnings at GE’s aviation, healthcare, renewables and transportation units all grew, Flannery said. Still, he warned about continuing weakness in GE’s core power unit.

“Power is making progress on cost actions and operational and services execution, but the industry continues to be challenging and is trending softer than our forecast,” Flannery said in a statement.

Orders of $5.6 billion for power were down 29% year over year and revenue fell 9% to $7.2 billion. Segment profit dropped 38% to $273 million. 

The company’s finance unit, GE Capital, also experienced a more substantial loss. Continuing operations generated a loss of $215 million, compared with a loss of $47 million a year ago. GE noted that the loss includes a $45 million charge related to updated to the U.S. tax reform and a $50 million non-cash charge associated with upfront costs from calling approximately $2 billion of excess debt.

“This quarter Capital also recorded a reserve of $1.5 billion in discontinued operations related to the WMC FIRREA investigation,” the company said. “GE Capital ended the quarter with $146 billion of assets, including $22 billion of liquidity.”

Cowen equity analyst Gautam Khanna said the $1.5 billion reserve related to the WMC FIRREA investigation “mitigates some of the ‘unknowns’ from the ongoing investigation.”

That being said, GE reaffirmed its full-year guidance and expects earnings in the range of $1 to $1.07 a share.

“Given the strong start in the first quarter at other segments (i.e., mainly Aviation) the reiterated guidance may be viewed as credible, even though Aero mix should weaken throughout the year as LEAP [engine] deliveries ramp and Power backlog converts to sales,” said Khanna.

“Aviation is so powerful that it’s lifting all boats,” TheStreet founder Jim Cramer said on CNBC Friday. Cramer used to own GE for his Action Alerts PLUS charitable trust before selling the position at the end of February.

Orders for GE’s aviation unit rose 13% year over year to $8.1 billion. Segment profit surged 28% to $1.6 billion.

JPMorgan’s Stephen Tusa said that while the first-quarter segments profit and earnings per share came out ahead of expectations, GE is “still showing potential for downside to 2018 expectations.”

“After the recent run, we think the stock already more than reflects a ‘not a disaster’ quarter,” Tusa wrote in an April 20 research note. 

Importantly, GE beat Tusa’s earnings estimate of 12 cents per share, Cramer said.

“You could not call a bottom until Tusa’s was proven wrong and they did not guide down,” said Cramer, who said that GE management has done “a number of things that were right.”

Casino (CASINO) Trading Down 2.8% Over Last Week

Casino (CURRENCY:CASINO) traded flat against the U.S. dollar during the 1 day period ending at 8:00 AM ET on April 18th. During the last seven days, Casino has traded 2.8% lower against the U.S. dollar. One Casino token can currently be bought for approximately $0.82 or 0.00007414 BTC on popular cryptocurrency exchanges. Casino has a market capitalization of $818,575.00 and approximately $0.00 worth of Casino was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

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Ripple (XRP) traded 2.4% higher against the dollar and now trades at $0.69 or 0.00008472 BTC. Stellar (XLM) traded up 7.6% against the dollar and now trades at $0.32 or 0.00003993 BTC. NEO (NEO) traded 1.9% higher against the dollar and now trades at $69.95 or 0.00862488 BTC. IOTA (MIOTA) traded 1% lower against the dollar and now trades at $1.62 or 0.00019980 BTC. TRON (TRX) traded 9.6% higher against the dollar and now trades at $0.0460 or 0.00000568 BTC. Tether (USDT) traded up 0.2% against the dollar and now trades at $1.00 or 0.00012331 BTC. VeChain (VEN) traded down 0.7% against the dollar and now trades at $3.38 or 0.00041642 BTC. Binance Coin (BNB) traded down 4.2% against the dollar and now trades at $11.78 or 0.00145288 BTC. Ontology (ONT) traded 0.2% higher against the dollar and now trades at $4.17 or 0.00051435 BTC. Populous (PPT) traded down 4.7% against the dollar and now trades at $22.90 or 0.00282327 BTC.

Casino Token Profile

Casino’s total supply is 1,000,000 tokens. Casino’s official website is burstcasino.com.

Buying and Selling Casino

Casino can be bought or sold on these cryptocurrency exchanges: . It is not possible to buy Casino directly using U.S. dollars. Investors seeking to trade Casino must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Casino using one of the aforementioned exchanges.

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Karl Marx 0 bills are red hot

It turns out 0 bills are a hot item right now.

The German city of Trier is selling thousands of souvenir bank notes with a face value of zero euros in honor of Karl Marx, revolutionary, political philosopher and author of “The Communist Manifesto.”

The city’s tourism department is selling the bills for 3 each to mark Marx’s 200th birthday on May 5.

Marx was born in Trier in 1818 and went to high school in the city before leaving to study at university.

The first run of 5,000 bills sold out after going on sale on Monday. The city is now printing 20,000 more to meet demand from buyers around the world, including Australia, Brazil and the United States.

karl marx money germany Karl Marx’s face adorns the souvenir 0 bills from Trier, Germany.

“The souvenir plays on Marx’s criticism of capitalism,” said Norbert Kaethler, managing director of Trier’s tourism and marketing office.

Marx wrote about revolutionary ideas related to class struggles, the flaws of capitalism and human labor.

“Money is the estranged essence of man’s work and his existence, and this alien essence dominates him and he worships it,” he wrote in “Das Kapital” in 1867.

His writings were borrowed, interpreted and adopted by political movements around the world, in countries such as Russia, Cuba and China.

Marx published “The Communist Manifesto” with Friedrich Engels in 1848, considered the most famous pamphlet in the history of the socialist movement.

The Key to Amazon.com, Inc. Stock is Company Culture

Amazon.com Inc. (NASDAQ:AMZN) doesn’t even have to release its earnings to make the news. The scope of Amazon is now so broad and so deep that even a minor stirring in the water is enough to generate company news.

On Wednesday, company CEO Jeff Bezos released his annual shareholder letter. It’s actually a short, yet critically important, read. It describes some fundamental essentials about Amazon’s corporate culture which is one of the reasons why the companies become so successful. Whether you are an AMZN stock owner, or are considering becoming one, there are few things from the letter that I think deserve to be highlighted.

The Letter

Bezos attributes the AMZN stock success to having high standards, but he asks an important question as to whether high standards are “intrinsic or teachable.” He believes the latter, and I heartily agree. Motivated individuals, and even unmotivated individuals, will often rise to a higher call. I myself had a high school teacher who demanded the very best, and lifted many failing math students and made them into B students are better.

We often hear the term “step up” in reference to second-string professional athletes. I’ve certainly seen many creative artists constantly improve the quality of their content because they strive to make it better. There is simply no denying that Amazon has set very high standards within the company, and it is obvious in every way when you interface with the company as a consumer.

Bezos points out that “unrealistic beliefs on scope kill high standards.” This comes down to internal corporate communications. As a communications professional, I can’t tell you the importance of properly communicating what a path to success looks like. Hard work isn’t enough. You must communicate the company vision and establish realistic and attainable goals, often achieved in steps, for your employees. Clearly, Amazon has this down.

Bezos talks about some other concepts, but he points out some of the milestones that Amazon has achieved recently, which I believe are directly attributable to these elements of company culture.

Company Culture Leads to Company Achievements

Amazon Prime now has over 100 million paying members. This is simply extraordinary. That’s more members than even Costco Corporation (NASDAQ:COST) has. At $99 a pop (the typical cost of a membership), that means Amazon is generating $10 billion a year without even lifting a finger.

Amazon Web Services is generating a run rate of $20 billion annually. Active users increased by 250% last year alone.

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I was frankly amazed to discover that more than half of the units sold on Amazon worldwide are now from third-party sellers. 300,000 domestic small- and medium-size businesses began selling on Amazon last year. 40 million items were purchased from them on Prime Day alone.

Alexa now has 30,000 skills from outside developers, and controls more than 4,000 home devices. Amazon Echo, the Fire Stick, Prime Video and Music Services continue to grow robustly.

Anecdotal reports are that the Whole Foods Market integration has not been going terribly well. I can say that, from my own experience, the stores in my area have been reorganized, revamped, are much more brightly lit and feel stocked with more product than before.

Meanwhile, even as reports dribble in that working conditions at Amazon aren’t terribly great, Amazon now employs some 560,000 people.

Bottom Line on AMZN Stock

What does this mean as far as AMZN stock is concerned? Behind every great company is a great company culture. Amazon seems to have always had a vision under its CEO. At the mid and upper levels, it appears that this vision is being properly communicated to employees.

All of this bodes well for the company’s future. If Amazon can extend this team culture down to the lowest level employee, much as Southwest Airlines (NYSE:LUV) has done, it could only be a good thing for the stock going forward.

Lawrence Meyers is the CEO of PDL Capital, a specialty lender focusing on consumer finance and is the Manager of The Liberty Portfolio at www.thelibertyportfolio.com. He does not own any stock mentioned. He has 23 years’ experience in the stock market, and has written more than 2,000 articles on investing. Lawrence Meyers can be reached at [email protected]