Tag Archives: AAXN

Top Value Stocks To Buy Right Now

While it’s open to debate whether President Donald Trump made America great, the 2016 election did produce one undeniable result: it laid the foundation for cannabis-related businesses, thereby dramatically improving profitability potential for marijuana penny stocks.

During the general election, a record number of states voted for marijuana legalization to varying degrees. Of those voting states, The Washington Post declared that California represents the bellwether. With roughly 12% of Americans calling California home, a major win here would signal greater social acceptance towards cannabis.

Of course, The Golden State voted for full recreational marijuana use, bolstering marijuana stocks. Not only that, this year is particularly important for cannabis-related businesses as generally speaking, Californians no longer have to carry medical “green cards” to purchase their “herbal solutions.” It must be noted that specific regulations vary by city to city; however, the overall regulatory environment has loosened substantially.

Aside from social acceptance, we have undeniable financial results from the “botany” industry. According to Colorado.gov, cannabis nearly became a billion-dollar industry in Colorado in 2015, and officially crossed the mark in 2016. Last year, green businesses raked in more than $1.5 billion.

The implications are obviously positive for marijuana stocks. With so many states reporting budget deficits, the last thing the embattled Trump administration wants to do is to stymie economic progress. After all, his primary calling card was his business acumen.

The federal government may just have to reconsider its stance on cannabis, which bodes very well for these top marijuana penny stocks!

Top Value Stocks To Buy Right Now: Cognex Corporation(CGNX)

Facebook stock has more than quadrupled since its initial public offering in 2012. During the same period, shares of Cognex — a manufacturer of machine vision software and systems — have grown almost sixfold.

Wait, what exactly is machine vision, you may ask. In its simplistic form, machine vision systems capture digital images that can be processed by computers to facilitate quick decision making. So for example, such a system could inspect thousands of machine parts per minute on a production line to detect and help eliminate defects in the least possible time and at the lowest cost. As you might have already guessed, Cognex’s business has a lot to do with automation and robotics, and that’s where the stock’s potential lies.

During its last quarter, Cognex’s sales jumped 39% year over year, but a net loss hit the stock. Blame it on a one-time charge under the new U.S. tax legislation — otherwise, Cognex’s net income shot up 46% year over year. 2017 was a record year for the company.

Management is increasingly bullish about growth, projecting sales from areas like 3D products and logistics to grow 50% annually in the near future. Meanwhile, markets like automotive and consumer electronics continue to grow at a strong clip as more and more companies are automating their processes. If you believe as I do that the artificial intelligence revolution is just getting started, don’t be surprised if Cognex shares zoom past Facebook in the coming years.

Top Value Stocks To Buy Right Now: STORE Capital Corporation(STOR)

Bond yields have risen significantly over the past couple of weeks, and this has put tremendous pressure on income-focused investments such as real estate investment trusts, or REITs. Retail REITs have been especially beaten down, as high-profile retail bankruptcies and store closures have weighed on the industry.

Because of this combination of negative catalysts, now is a great time to pick up rock-solid retail-focused REITs like Store Capital at bargain prices.

Store Capital is a net-lease REIT. If you’re not familiar, a net lease is a long-term lease structure that requires tenants to pay for taxes, insurance, and building maintenance. Because of these three items, they are also commonly referred to as "triple-net" leases. Essentially, net leases minimize tenant turnover and the variable costs of owning property.

Most of Store Capital’s tenants are either retail- or service-focused. Just to give you an idea, top tenants include AMC Theatres, Camping World, and Applebee’s.

Here’s the main point. Despite the common perception of brick-and-mortar retail being on the wane, some types of retail are doing just fine. Service-based retail, for example, is virtually immune to e-commerce headwinds. Discount-oriented retail is also doing quite well. And retailers with an experiential component such as Camping World (people like to physically see an RV before buying) also don’t have to worry about online competition much.

Thanks to the perceived retail weakness and the recent rise in bond yields, this stock, which Warren Buffett owns in Berkshire Hathaway’s portfolio, now has an impressive 5.3% dividend yield. Store Capital could provide a great combination of income and growth in your portfolio for decades to come.

Top Value Stocks To Buy Right Now: Axon Enterprise, Inc.(AAXN)

Axon not only produces stun guns, but it is spearheading efforts to put body cameras on all law enforcement officers. The company’s moat takes two forms — one for each line of business. On the weapons side, the company’s TASERs are ubiquitous, and the value of the brand is unmatched. On the Axon side, the key moat comes from high switching costs. As police departments put more and more footage on the Evidence.com platform — and rely upon the AI-generated record-keeping solution — they’re less inclined to switch to a different provider. Not only would such a move be expensive, but it would require entire departments to be retrained, and put critical data at risk for being lost.

Top 10 Dividend Stocks To Buy For 2019

Gold prices hit $1,350 per ounce for the 13th time in the last five years in yesterday’s trading, after hovering around the psychological level of $1,300 over the last week.The prime catalyst behind the rally was the military attacks in Syria, spearheaded by the United States and its allies.

Furthermore, war-related geopolitical risks are lifting up crude oil prices, in turn boosting gold’s value in the market. Gold bullion ETF SPDR Gold Shares (GLD) has gained about 2.4% in the last month.

With escalating war tensions, investors are increasingly leaning toward safe haven assets like gold.

At this juncture, allocating your hard-earned money in selective gold mining stocks can prove to be a masterstroke.

Top 10 Dividend Stocks To Buy For 2019: Euro FX(P)

Pandora (NYSE:P) shares have blasted out of a long consolidation range — which ran between November and April — and hopes of an emerging turnaround for the internet streaming music pioneer.

New management has managed to engineer an increase in paid subscriptions and stabilize user metrics. Analysts at B. Riley FBR upgraded shares to “buy” on what they see as meaningful business improvements and an attractive valuation.

The company will next report results on July 31 after the close.

Analysts are looking for a loss of 16 cents per share on revenues of $372.50 million. When the company last reported on May 3, a loss of 27 cents per share beat estimates by eight cents on a 1% rise in revenues.

Top 10 Dividend Stocks To Buy For 2019: Renewable Energy Group, Inc.(REGI)

The name might be a little misleading, but Renewable Energy Group (NASDAQ: REGI) is a leading eco-friendly stock nonetheless. The company is the nation’s largest biodiesel producer, processing inedible agricultural products into over 450 million gallons of biofuel every year that is blended with petroleum-based fuels to reduce emissions. It has quietly grown its footprint over the years despite political wrangling over key subsidies for the industry. Aside from perennial uncertainty, things have worked out for the business: the reinstatement of an important tax credit just netted the company a $205 million windfall.

While biodiesel alone is good for the environment on the whole, Renewable Energy Group has set its sights on next-generation renewable diesel, with 75 million gallons of annual production today. The fuel is chemically-identical to petroleum-based diesel, but manufactured from animal fats or other renewable oils in a special process. It provides more compatibility with existing infrastructure, which will broaden its market share and help to provide no-compromise transportation fuels.

Top 10 Dividend Stocks To Buy For 2019: Camtek Ltd.(CAMT)

Camtek is a developer of automatic optical inspection systems that are used to enhance both production processes and yield for manufacturers in the circuit board and semiconductor industries. After posting better-than-expected earnings results last week, CAMT has moved to a Zacks Rank #2 (Buy), and its resulting share price surge has earned it an “A” grade for Momentum in our Style Scores system.

Camtek is also an exciting growth pick, with EPS figures expected to improve by 81.5% in the current fiscal year and an additional 25.5% in 2019. Still, the stock is trading with a Forward P/E of just 16.1 and a P/S of 2.8—so its valuation is hardly stretched considering its rapid expansion opportunities.

Top 10 Dividend Stocks To Buy For 2019: Axon Enterprise, Inc.(AAXN)

In April 2017, the company formerly known as Taser International re-branded as Axon Enterprise Inc (NASDAQ:AAXN).

As part of the re-branding, the company essentially changed the focus of its whole business model from selling tasers to selling body cameras and the accompanying data management and cloud storage solution. To accelerate this transition, Axon agreed to give away free body cameras to every police officer in the United States for a year.

Wall Street hated the idea. AAXN, after all, is a business, not a charity. The stock dropped to $21, and it stayed there for a few months as the numbers over the next several quarters showed significant margin pressure.

But time and time again, I said to buy AAXN stock while its margins and valuation were depressed (read here, here, and here). The whole idea was that everyone would love the one-year free trial, and subsequently, AAXN would sell a whole bunch of body cameras, smart weapons, and cloud subscriptions the following year.

Indeed, that has happened. AAXN just reported robust fourth quarter numbers alongside a strong guide that called for continued strong revenue growth and big margin expansion. AAXN stock jumped to above $40 on the news.

Moreover, since that report, it seems like everyone and their best friend is ordering smart weapons and body cameras. In the month of April alone, the Chicago Police Department ordered nearly 3,500 smart weapons, the Montgomery County Police Department rolled out in-car cameras to 900 vehicles, and the Kent and Essex Police forces in the UK ordered almost 5,000 Axon cameras.

Clearly, this is one of the hottest turnaround stories on Wall Street. AAXN was a $20 stock not too long ago. Now, it’s at $42, and the momentum is only building.

Top 10 Dividend Stocks To Buy For 2019: NVIDIA Corporation(NVDA)

Perhaps the most prominent names of the bunch are NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), which are best known for their graphics card and PC-based microprocessors, respectively. Neither company has exactly been forthcoming with regard to how much of their sales are tied to cryptocurrency mining, but each company has clearly benefited in recent quarters from the sale of graphics processing units (GPU). NVIDIA’s full-year results pointed to 41% year-over-year sales growth, with Advanced Micro’s sales up 25% on an annual basis. 

In fact, demand for GPUs has been so strong that the price of graphics cards, new and old, has been shooting higher. This actually creates a bit of a conundrum for NVIDIA and AMD, as Advanced Micro Devices is more commonly known. The core customers for both companies are avid gaming enthusiasts and enterprise clients. If crypto mining demand continues to pluck supply from the market, the high price for graphics cards could cause a rebellion among NVIDIA’s and AMD’s core customers. Then again, if these companies create a product specifically for crypto mining, they’ll drive down prices by increasing supply and squash the sales and margin boost they’ve recently experienced.

While both companies certainly have a lot going on beyond the cryptocurrency mining industry, it’s possible that their share prices could reflect the ebbs and flows of virtual currency token prices, so it’s something to keep in mind.