Tag Archives: ETH

Hot Medical Stocks For 2021

The stock market had a mildly positive day on Friday, and gains of between 0.1% and 0.3% were common for most of the major benchmark indexes. Without any outright hostility among leaders of the G-7 nations in their summit in Canada’s Quebec City, investors seemed content to go into the weekend with confidence in the prospects for the U.S. economy and its biggest businesses. Yet some individual companies had bad news that held their shares back from participating in the rally. Nabors Industries (NYSE:NBR), PolarityTE (NASDAQ:COOL), and Evolus (NASDAQ:EOLS) were among the worst performers on the day. Here’s why they did so poorly.

Nabors sells more stock

Shares of Nabors Industries fell 4.5% as the operator of land-based and offshore rigs in the U.S. and abroad made an announcement about a recent stock offering. Last month, Nabors agreed to sell 35 million shares at $7.75 per share, raising roughly $271 million. At the time, though, the underwriters retained the right to purchase another 5.25 million shares if they so chose. Nabors said that its underwriters had exercised that right in full, paying $39.4 million. Given that shares had started the day below the $7.75 level and ended well under it, it’s likely that underwriters had entered hedging transactions to protect themselves from downward moves shortly after the initial offering. Unwinding those hedges and the prospect of further dilution from additional share issuance likely combined with a drop in oil prices and uncertain future for the company to push Nabors stock lower.

Hot Medical Stocks For 2021: Tidewater Inc.(TDW)

Tidewater Inc., through its subsidiaries, provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels. It provides services in support of offshore exploration, field development, and production, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction and seismic support; and various specialized services, such as pipe and cable laying. The company?s vessels include platform supply vessels, and anchor handling towing supply vessels that are used in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs, platforms, and other installations; towing-supply and supply vessels used in intermediate and shallow waters; and crewboats and utility vessels that are chartered for transporti ng personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs used for towing floating drilling rigs; assisting in the docking of tankers; towing barges; assisting in pipe laying, cable laying, and construction barges; and commercial towing operations, including towing barges carrying various bulk cargoes and containerized cargo. In addition, the company operates inshore tugs; production, line-handling, and various other special purpose vessels. Further, it operates two shipyards, which construct, modify, and repair vessels. As of March 31, 2011, the company had 378 vessels serving the global offshore energy industry. The company has operations in the United States, Gulf of Mexico, the Persian/Arabian Gulf, and areas offshore Australia, Brazil, Egypt, India, Indonesia, Malaysia, Mexico, Trinidad, Venezuela, and West Africa. Tidewater Inc. was founded in 1956 and is headquartered in New Orleans, Louisi ana.

Advisors’ Opinion:

  • [By Shane Hupp]

    Tidewater (NYSE:TDW) and Golar LNG Partners (NASDAQ:GMLP) are both small-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, dividends and risk.

  • [By Logan Wallace]

    Tidewater (NYSE:TDW) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Hot Medical Stocks For 2021: Ethan Allen Interiors Inc.(ETH)

Ethan Allen Interiors Inc. (Ethan Allen), incorporated on May 25, 1989, through its wholly owned subsidiary, Ethan Allen Global, Inc., is an interior design company. The Company is a manufacturer and retailer of home furnishings and accessories. The Company offers interior design service to its clients and sells a range of furniture products and decorative accents through ethanallen.com and a network of approximately 300 design centers in the United States. The Company owns and operates eight manufacturing facilities, including five manufacturing plants and one sawmill in the United States and a manufacturing plant in each of Mexico and Honduras. The Company operates in two segments, including wholesale and retail. The wholesale segment develops, designs, manufactures, sells and distributes home furnishings and accents. The retail segment is engaged in selling of home furnishings and accents to consumers.

Wholesale

The wholesale segment is engaged in the development of the Ethan Allen brand, encompasses all aspects of design, manufacture, sourcing, sale and distribution of home furnishings and accents. Wholesale revenue is generated upon the wholesale sale and shipment of its products to its network of operated design centers and Company operated design centers through its national distribution center. The wholesale segment also develops and implements related marketing and brand awareness programs. The Company operates four case good plants (two in Vermont, including one sawmill, one in North Carolina and one in Honduras), three upholstery plants (two in its North Carolina campus and one in Mexico) and one home accessory plant in New Jersey.

Retail

The retail segment sells home furnishings and accents to consumers through a network of Company operated design centers. The Company also offers access to its products to interior designers through its interior design affiliate (IDA) program. Retail revenue is generated upon the retail sale and delivery o! f its products to its retail customers through its network of service centers. As of June 30, 2014, the Company opened nine new design centers, six of which were relocations.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Victory Capital Management Inc. boosted its position in shares of Ethan Allen Interiors Inc. (NYSE:ETH) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 59,273 shares of the company’s stock after purchasing an additional 4,949 shares during the quarter. Victory Capital Management Inc. owned 0.22% of Ethan Allen Interiors worth $1,043,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    COPYRIGHT VIOLATION WARNING: “LSV Asset Management Raises Stake in Ethan Allen Interiors Inc. (ETH)” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at www.tickerreport.com/banking-finance/4159499/lsv-asset-management-raises-stake-in-ethan-allen-interiors-inc-eth.html.

Hot Medical Stocks For 2021: Jazz Pharmaceuticals Inc.(JAZZ)

Jazz Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the identification, development, and commercialization of pharmaceutical products to meet unmet medical needs. The company markets Xyrem, a sodium oxybate oral solution for the treatment of both cataplexy and excessive daytime sleepiness in patients with narcolepsy; and Luvox CR extended-release capsules for the treatment of obsessive compulsive disorder. Its product candidates under clinical development include JZP-6, a Phase III pivotal clinical trials completed product for the treatment of fibromyalgia; and JZP-8, an intranasal formulation of clonazepam, which has completed Phase II clinical trial for the treatment of acute repetitive seizures in epilepsy and solid oral dosage forms of sodium oxybate. The company sells its products through specialty sales force targeting sleep specialists, psychiatrists, neurologists, and pulmonologists. Jazz Pharmaceuticals, Inc. was founded in 2003 and is headq uartered in Palo Alto, California.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Jazz Pharmaceuticals (JAZZ)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    COPYRIGHT VIOLATION NOTICE: “Matthew P. Young Sells 1,152 Shares of Jazz Pharmaceuticals PLC (JAZZ) Stock” was first reported by Ticker Report and is the property of of Ticker Report. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at www.tickerreport.com/banking-finance/4204759/matthew-p-young-sells-1152-shares-of-jazz-pharmaceuticals-plc-jazz-stock.html.

Hot Energy Stocks To Buy For 2019

Emerging markets look attractive buoyed by improving economic growth in a number of developing countries, a pickup in manufacturing activity, rise in commodity prices, better current accounts balances, building foreign reserves, better-than-expected earnings, and several structural reforms taken by governments.

Governments of China, South Korea and Philippines have taken large infrastructural projects. Massive government spending are also supporting private investment growth in the region, particularly in the export-oriented industries.

Meanwhile, tax reforms and business-friendly policies of the governments are bolstering investment in several Latin American countries, including Argentina, Brazil and Chile. Argentina recently proposed to reduce corporate tax rate from 35% to 25% and the lowering of employer social security contributions.

Of late, emerging markets have achieved a significant position in the global investment space. To boost growth, several emerging economies have been resorting to policy easing via interest rate cuts or offering some accommodative measures.

In 2018, emerging markets may emerge as hidden gems in the global investment arena. We have narrowed down our choices to five stocks each sporting a Zacks Rank #1 (Strong Buy) and strong growth potential.

Hot Energy Stocks To Buy For 2019: Ethan Allen Interiors Inc.(ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) is a turnaround play, pure and simple. Revenue has dropped over 1% through the first three quarters of the company’s fiscal 2018. An effort to redesign a substantial amount of the company’s product line and update its brand image has had some hiccups, in terms of both production and demand. Margins have weakened, and adjusted EPS has dropped about 10% so far this year.

But investors can get “paid to wait” and Ethan Allen has cleaned up its balance sheet in the meantime. Debt has dropped to under $2 million, against $52 million in cash. The dividend has been raised steadily over the past few years, and ETH now yields a solid 3.1%.

And there is room for a turnaround here. Ethan Allen remains a well-known, high-end brand. It’s possible that the resurgence at Restoration Hardware Holdings, Inc (NYSE:RH) is hurting Ethan Allen. Online retailer Wayfair Inc (NYSE:W) looks like a formidable rival as well. But if Ethan Allen’s new products start gaining some acceptance — backed by the higher marketing spend that is hitting margins at the moment — Ethan Allen could go back to being a fearsome competitor itself.

Ethan Allen is having some growing pains at the moment, but if the strategy is viable long-term, there’s reason to see some better days ahead. With the stock bouncing recently off a five-year low, more risk-tolerant investors might be willing to give ETH another shot.

Hot Energy Stocks To Buy For 2019: Guess?, Inc.(GES)

Guess?, Inc. (NYSE:GES) was one of the biggest surprises of the first quarter. A blowout first-quarter report sent GES shares up 28%, and the run didn’t end there. GES shares now have gained over 50% so far this year and have nearly tripled from an 11-year low reached last year.

Even after the gains, there’s still a case for more upside, however. GES has managed to minimize its exposure to the more difficult and more competitive U.S. market. Instead, it’s focused its investments on Europe and Asia — and is having significant success in both regions. Asia, in particular, represents a real long-term opportunity — but drove just 7% of operating earnings in fiscal 2018 (ending January).

The balance sheet remains pristine, with almost zero debt and nearly $4 per share in net cash — about 15% of the company’s market capitalization. Backing out that cash, GES is trading at 24x FY19 consensus EPS estimates.

That’s a big multiple in the world of retail these days — and might scare off some investors. But margins remain thin, and Guess? is in the early stages of a turnaround. With GES still yielding 3.5%, income investors looking for growth could see the stock as a worthy choice.

Hot Energy Stocks To Buy For 2019: Taiwan Semiconductor Manufacturing Company Ltd.(TSM)

My pick is chip-manufacturing giant Taiwan Semiconductor Manufacturing Company. TSMC is the largest contract chip-manufacturing company in the world and provides manufacturing services to a wide range of customers serving an even wider range of markets, from the maturing mobile processor market to the fast-growing artificial intelligence chip markets.

The company’s shares recently came under pressure after it provided financial guidance for the second quarter that was below analyst expectations, thanks to a slowdown in mobile processors — though that weakness was partially offset by shipment strength in cryptocurrency chip shipments. In the near term, it’ll be tough for TSMC to make up for the weakness in mobile processors, as TSMC isn’t immune to broader market trends and the smartphone market is under pressure. Over the long term, however, I think things look good for the company.

For example, as artificial intelligence chip shipments grow, TSMC is poised to benefit, as it’s the go-to contract chip manufacturer for virtually all of the small and large players here. Moreover, while smartphone unit shipments are proving to be a bit of a letdown, smartphones keep getting more complex — which means that the chips inside of them get more complex, a trend that benefits TSMC.

Moreover, TSMC is a reasonably cheap stock, trading at less than 18 times trailing-12-month earnings. Considering that the company’s long-term growth prospects look bright and its position in the markets that it serves is strong and seemingly getting stronger, this is a chip stock that I think investors should seriously consider for their portfolios.

Hot Energy Stocks To Buy For 2019: NutriSystem Inc(NTRI)

Shares of NutriSystem Inc. (NASDAQ:NTRI) plunged after Q1 earnings in February. The company pulled down full-year guidance after admitting that it had erred with its advertising strategy for the key diet season at the beginning of the year.

I was long shares of NTRI heading into the report — and as I wrote at the time, I averaged downon my position after the post-earnings plunge. This is a company that has been growing nicely for several years — and still has a nice growth runway ahead.

A solid Q1 did send NTRI higher, but I believe there’s still more upside from a current price near $33. The company still has about $2.50 per share in cash – and no debt. It yields 3%. And the midpoint of 2018 guidance suggests a P/E around 16x, and under 15x backing out the company’s cash.

That’s a multiple that suggests Nutrisystem’s growth has come to an end – but I don’t believe that will be the case. The core Nutrisystem business isn’t performing as poorly as management feared, and will have plenty of room for a rebound in 2019. South Beach Diet, acquired for a pittance, is growing like gangbusters and should become a material contributor to profit next year as well.

This a stock that received a P/E well north of 20x just a few months ago because investors believed it had years of growth ahead of it. One poor diet season — with fixable mistakes already addressed by management — shouldn’t change that outlook.

If Nutrisystem is back on track, and get back near that multiple, there’s a case for NTRI to double over the next couple of years.

Hot Energy Stocks To Buy For 2019: Sogou Inc.(SOGO)

Sogou controls about 4% of the online search market in China, according to StatCounter, making it the country’s fourth-largest search engine after Baidu, Alibaba’s Shenma, and Qihoo 360’s Haosou — in that order. Sogou claims, based on iResearch’s numbers, that it’s the "second largest search engine by mobile queries in China" with a market share of 17% last year.

Sohu, one of China’s oldest internet companies, spun off Sogou in an IPO last November. Sohu retains the largest stake in Sogou, followed by Tencent. Tencent owns WeChat, the top mobile messaging app in China with nearly a billion monthly active users worldwide.

On its own, Sogou seems like a weak investment. But with its integration into WeChat’s ecosystem and Tencent’s QQ browser (which controls 11% of China’s mobile browser market), Sogou might stand a chance against Baidu.

Sogou currently trades about 35% below its IPO price of $13 per share, due to concerns about its sales growth, tough competition, and trade tensions with China. Yet only four analysts currently follow Sogou. On average, those analysts expect Sogou’s revenue and earnings to grow 37% and 35%, respectively, this year.

Those are robust growth figures for a stock that trades at 22 times forward earnings. By comparison, Baidu trades at 25 times forward earnings, and analysts expect its revenue to rise just 17% this year as its earnings slip 7% on higher investments. Therefore, Sogou might be a hidden gem in China’s crowded tech sector.