Stocks opened higher this morning and spent the rest of the day coming down, ending the day far lower than where they started despite optimism surrounding Brexit.
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The S&P 500 advanced 0.6% to 2,083.25 today, while the Dow Jones Industrial Average gained 129.71 points, or 0.7%, to 17,804.87. The Nasdaq Composite rose 0.8% to 4,837.21.
The S&P 500 rose as much as 1.4% earlier today, but then started giving back its gains after running into resistance at 2,100. Nuveen Investment’s Bob Doll notes that after the Brexit referendum comes the U.S. presidential election:
The most pressing political risk is the Brexit threat. We think the odds favor the June 23 referendum not passing, keeping the U.K. in the European Union. But there is a real chance that the U.K. will choose to leave. The uncertainty has undermined economic confidence and has been a headwind for global stock markets. Should the Brexit happen, we think it would be a serious misstep that could not be easily remedied. We believe it would cause the U.K. economy to shrink and could spark housing and credit crises. A Brexit could also morph into a more widespread global financial problem as it drags down global trade levels.
Top Growth Stocks To Buy For 2021: FEI Company(FEIC)
FEI Company supplies scientific instruments for nanoscale imaging, analysis, and prototyping that enable research, development, and manufacturing in industrial, academic, and research institutional applications. Its products include transmission electron microscopes and scanning electron microscopes (SEMs); DualBeam systems, which include a SEM and focused ion beam system (FIB) on a single platform; and stand-alone FIBs. The company?s Electronics segment offers products used in laboratories to enhance new product development and increase yields by enabling 3D wafer metrology, defect analysis, root cause failure analysis, and circuit edit for modifying device structures in the semiconductor equipment and related industries, such as manufacturers of data storage equipment, solar panels, and light-emitting diodes. FEI Company?s Materials Science segment provides atomic-level resolution images and permit development, analysis, and production of products that are used in mini ng for automated mineralogy, and oil and gas exploration to universities, and public and private research laboratories, as well as natural resources, petrochemicals, metals, automobiles, aerospace, and forensics industries. The company?s Life Sciences segment offers ultra-high resolution imaging products that allow structural and cellular biologists and drug researchers to create 3D reconstructions of biological structures, as well as used in particle analysis, and a range of pathology and quality control applications. FEI Company?s Service and Components segment provides technical support products and customers. The company sells its products through independent agents, distributors, and representatives in the United States, Canada, Europe, the Asia-Pacific region, and internationally. FEI Company was founded in 1971 and is headquartered in Hillsboro, Oregon.
- [By Joseph Griffin]
Media headlines about FEI (NASDAQ:FEIC) have trended somewhat positive on Monday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. FEI earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 43.5801711111494 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Top Growth Stocks To Buy For 2021: The York Water Company(YORW)
The York Water Company engages in impounding, purifying, and distributing drinking water in Pennsylvania. It has two reservoirs, Lake Williams and Lake Redman, which together holds up to approximately 2.2 billion gallons of water. The company also has a 15-mile pipeline from the Susquehanna River to Lake Redman that provides access to an additional supply of 12.0 million gallons of water per day. As of December 31, 2010, it served 182,000 residential, commercial, industrial, and other customers in 39 municipalities in York County and 7 municipalities in Adams County. The company was founded in 1816 and is based in York, Pennsylvania.
- [By Max Byerly]
PENNON GRP PLC/ADR (OTCMKTS:PEGRY) and York Water (NASDAQ:YORW) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, dividends, analyst recommendations, risk and valuation.
- [By Logan Wallace]
York Water (NASDAQ:YORW) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.
Top Growth Stocks To Buy For 2021: Semler Scientific, Inc.(SMLR)
Semler Scientific, Inc., incorporated on September 24, 2013, develops, manufactures and markets products and services that assist healthcare insurers and physician groups in evaluating and treating chronic diseases. The Company markets QuantaFlo and WellChec to its customers. QuantaFlo is an approximately four-minute in-office blood flow test. WellChec is the Company’s multi-test service platform. The Company offers QuantaFlo product to cardiologists, internists, nephrologists, endocrinologists, podiatrists, and family practitioners and organizations, including healthcare insurance plans, integrated delivery networks, independent physician groups and companies contracting with the healthcare industry. It offers WellChec service platform to health insurance plans and other healthcare organizations.
The Company’s QuantaFlo features a sensor clamp that is placed on the toe or finger as current pulse oximetry devices. Infrared light emitted from the clamp on the dorsal surface of the digit is scattered and reflected by the red blood cells coursing through the area of illumination. Returning light is sensed by the sensor. A blood flow waveform is instantaneously constructed by the Company’s software algorithm and displayed on the video monitor. Both index fingers and both large toes are interrogated, which takes approximately 30 seconds for each. A hardcopy report form is generated that displays over four waveforms and the ratio of each leg measurement compared with the arms. Results are classified as flow obstruction or no flow obstruction. The routine office usage of the QuantaFlo has ranges from few tests per week to over 10 tests per day. The Company also offers contracts in which it invoices on a per test basis for use of QuantaFlo, or as part of the WellChec multi-test platform.
QuantaFlo is also the centerpiece of the Company’s wellness diagnostic testing service, WellChec. WellChec provides testing equipment and third-party personnel to perform tests and examinations of pa! tients for the Company’s customers. The Company invoices on a fee per test or per examination basis for this service. The tests performed are for chronic disease states, which include respiratory disease, vascular disease, eye disease, bone disease, heart disease, neuropathy and diabetes.
- [By Ethan Ryder]
Semler Scientific (OTCMKTS:SMLR) and ENDRA Life Sciences (NASDAQ:NDRA) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, analyst recommendations, risk, earnings and dividends.
- [By Ethan Ryder]
Biosig Technologies (NASDAQ:BSGM) and Semler Scientific (OTCMKTS:SMLR) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, risk, dividends, valuation and profitability.