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.

Top 10 Insurance Stocks To Buy For 2019

Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive”, and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.

That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced stocks.

When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have. We are also keenly aware of the latest sector trends and make sure to cover all of the hottest industries.

Today we’ve highlighted three stocks that fall into the broad “technology” sector. Each of these three stocks is currently trading for less than $10 per share and holds a Zacks Rank #2 (Buy) or better. Take a look at the strong estimate revision activity and other factors that make these tech companies stick out right now:

Top 10 Insurance Stocks To Buy For 2019: Johnson & Johnson(JNJ)

Few companies have the pedigree to compete against Johnson & Johnson. A behemoth in personal care, pharmaceuticals, and medical devices, the company has a well-diversified stream of revenue. It may be the ultimate defensive stock, solid in a portfolio in both good times and bad, and sporting a history of dividend increases that make it a Dividend Aristocrat.

Almost half of Johnson & Johnson’s sales come from its pharmaceutical business, which in the first quarter recorded another strong performance, with revenues jumping 20% year over year as both new products like Darzalex and Imbruvica as well as those in its core such as Zytiga and Stelara were well received.

Pills spilled from a prescription bottle.

IMAGE SOURCE: GETTY IMAGES.

On the consumer products stage, beauty products such as Aveeno and Neutrogena helped drive sales up 5% and medical device sales were up 7.5% on the strength of its Acuvue contact lens business.

Johnson & Johnson has been around for 130 years and its track record over that time makes it a pretty sure bet it will be around for another 50 as a leading consumer products and pharmaceutical giant. At 23 times trailing earnings and 14 times analyst estimates for 2018, you’re not going to find Johnson & Johnson’s stock in the discount bin. But it is a solid performer with a better than solid reputation that continues to have growth prospects in all its segments.

This is a company investors can feel confident that even if it does stumble here and there over the next five decades, it will bounce back stronger than ever.

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

Axon Enterprise is the leader in Tasers and body cameras, which are critical tools for law enforcement. You can see below that these products have driven tremendous growth over the past decade and that trend should continue. In 2018, the company expects to introduce a new vehicle camera called Axon Fleet, a holster called Signal Sidearm that will turn on nearby body cameras when a weapon is pulled, and a records management system that could become an everyday tool for police officers. These products increase Axon Enterprise’s addressable market to $6.5 billion, according to management, so current revenue of $323.8 million is just scratching the surface of its potential.

What Axon Enterprise hasn’t delivered is much in the way of profitability. That should also change this year as management focuses on increasing margins across the business. Guidance is for a 300- to 400-basis-point increase in operating margis to go along with 16% to 18% revenue growth. Even with a forward P/E ratio of about 100, I think this is a company that can grow profitably for many years to come.

Top 10 Insurance Stocks To Buy For 2019: FGL Holdings(FG)

FGL is a holding company offering fixed annuities and life insurance products, forming after the merger of CF Corp. and Fidelity & Guaranty Life was completed late last year. The stock is sporting both a Zacks Rank #1 (Strong Buy) and an “A” grade for Value in our Style Scores system. FG is trading with a P/E of 8.8, which marks a discount to its industry average. Value investors will also love its P/B ratio of just 1.0. The company reports its latest results next week, and earnings estimates for the quarter are trending upward into the announcement date.

Top 10 Insurance Stocks To Buy For 2019: Wintrust Financial Corporation(WTFC)

Wintrust Financial also had a positive period that helped lift company shares ahead of Tuesday’s action.

The Rosemont, Illinois-based company said its net income amounted to $82 million, or $1.40 per diluted common share for the first quarter of 2018, topping the year-ago quarter’s total of $58.4 million, or $1 per diluted share.

The figure was 12 cents better than analysts’ expectations of $1.28 per share. Revenue was also above the mark for Wintrust Financial at $310.76 million, beating the Wall Street consensus of $301.44 million.

The company’s total assets surged to $28.5 billion, marking a $541 million gain for the period. Total loans also increased by $421 million for Wintrust Financial for the quarter.

WTFC stock gained 2.4% after market close.

Top 10 Insurance Stocks To Buy For 2019: HP Inc.(HPQ)

Forming as a result of the split of Hewlett-Packard Company in 2015, HP Inc. handles the brand’s PC and printing products. The company is attracting positive analyst sentiment after a solid earnings beat and now sports a Zacks Rank #2 (Buy). Earnings and revenue are now expected to improve by 17% and 9%, respectively, in the current fiscal year. The stock also has an “A” grade for Value and is trading at an attractive 11.1x forward 12-month earnings. HPQ also has plenty to offer income investors with its 2.6% annual dividend.

Top High Tech Stocks To Invest In 2019

Most businesses posting rapid expansion right now will not be able to maintain that level of growth over time. On the other hand, there will be standouts — the rare companies with the right makeup and competitive advantages to capitalize on market trends and repeatedly take their businesses to the next level.

Having even a few of these companies working in your favor over the long term can be a life-changing event. To help put readers on to some high-growth stocks that still have big potential, we asked three Motley Fool investors to profile a top growth investment. Read on to see why they identified the following stocks as top stocks for growth-seeking investors.

Top High Tech Stocks To Invest In 2019: Clarke(T)

 There’s no denying AT&T Inc. (NYSE:T) has had its struggles. Wireless telecom as well as broadband have become commodities, and cable television is no longer just available through a literal cable.

Its recent effort to acquire Time Warner Inc (NYSE:TWX) has also run into some political pitfalls. When it’s all said and done though, T stock is entrenched in the markets it needs to be entrenched in, and it’s got the size and cash-stash to but what it needs to buy to remain competitive. It’s not going anywhere.

That said, whether its revenue growth is impressive or not, nobody can deny that AT&T is one heck of a reliable dividend payer. It has been paid out every quarter like clockwork since the mid-80’s, and grown the whole time. Newcomers are going to enjoy a 5.6% yield on their investment.

Top High Tech Stocks To Invest In 2019: Axon Enterprise, Inc.(AAXN)

Now, Axon Enterprise had  just changed its corporate name to that name the very month that we did this podcast a year ago. It used to be known as TASER. But Axon Enterprise — the same company that sells Tasers and has innovated with the Taser — changed its name to its other key product, which is its police body cams. And that’s such an important trend.

I was talking about that a year ago — how Axon Enterprise’s main profit source [still is today] was the Taser, but as it builds out police body cams [not just here in the U.S., but globally], it’s a lower margin. They don’t make as much money off its product and they’re sort of in development stage, still. They started losing money with that a year ago, and so it was depressing the corporate results.

But, if you really thought about where the world is headed and how this company was leading us there, you recognized beyond the body cams themselves [the Axon body cams]; the company has Evidence.com, which is the website where up in the cloud all of these videos from all these police departments are stored, and that is a subscription service that police departments buy. So, Evidence.com, Axon, and Taser the stock was at $23 when we did this podcast and I picked it a year ago. It’s now up to $43.00. So, it’s been a tremendous year for Axon, ticker symbol AAXN, up 87%.

Now, I should mention that the S&P 500 over the last year is up 14.5%. We’ll round that up to 15% just to give Mr. Market his due, so we’re competing against a +15% with each of these picks. I’m going to foreshadow and let you know, dear listener, that this was the best of the five stocks. Nothing did better than +87%. A tremendous year for Axon and I’m really excited that it’s in the Rule Breakers portfolio. I hope it’s in your portfolio, too. In fact, the name of this sampler, when I pick stocks a little later, is going to be something like Five Stocks That I Own And You Should, Too.

Now, I wish I did own Axon. I don’t own all of my 220 picks, but I sure hope you listened a year ago. I know many of you do own Axon through Rule Breakers and wow, what a great year it’s been, and I really like this stock going forward. When I picked these stocks for April The Giraffe, unbeknownst to me at the time a year ago, I did say these are for the next three-plus years, so we’ll be reviewing this list of stocks each of the next three years. Year one awesome, Axon!

Top High Tech Stocks To Invest In 2019: iRobot Corporation(IRBT)

Of these two companies, iRobot is scheduled to report its earnings first. The maker of the popular Roomba vacuum is scheduled to report its first-quarter results on Tuesday. 

In the fourth quarter, iRobot posted record fourth-quarter revenue of $327 million, up an impressive 54% compared to the year-ago period. The growth marked an acceleration compared to full-year revenue growth of 34%. Operating income also increased, rising from $18.7 million in the fourth quarter of 2016 to $23.1 million in Q4 2017.

But there’s more strong growth in front of the company, according to management. iRobot is optimistic about the "tremendous" opportunity ahead. "Global household penetration of robotic vacuum cleaners remains extremely low, in the single digits," said iRobot CEO Colin Angle in the company’s fourth-quarter earnings release. "Strong economic conditions worldwide are fueling overall global growth and positive consumer sentiment."

With management guiding for 2018 revenue to rise about 20% compared to 2017, based on the midpoint of the forecast range, investors should look for first-quarter revenue growth to handily exceed this growth rate. A first-quarter revenue growth rate beyond management’s expected full-year pace would leave more room for revenue growth to decelerate as the year goes on.