Tag Archives: FL

Top 10 High Tech Stocks To Invest In 2021

Image source: Twitter, copyright Aaron Durand (@everydaydude) for Twitter, Inc.

When Twitter (NYSE:TWTR) released its third-quarter earnings results, it announced plans to lay off 9% of its workforce. The move was part of an effort to become profitable in 2017. Twitter lost $103 million in the third quarter and $290 million through the first nine months of the year.

But Twitter’s workforce isn’t the only thing slimming down. Twitter is also laying off some of its underperforming products. The most recent is Fabric, Twitter’s software development kit for mobile apps. Google — the Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary — is buying the business for an undisclosed amount. Twitter also shuttered Vine earlier this month as it focuses more on its core platform to generate a profit.

Twitter is having a fire sale

Rumors swirled for weeks last autumn ahead of Twitter’s third-quarter earnings that Twitter was trying to sell itself. After failing to find a buyer, Twitter is faced with the reality that it needs to show it can become profitable in order to either attract better takeout offers or attract more interest on Wall Street.

Top 10 High Tech Stocks To Invest In 2021: Foot Locker, Inc.(FL)

Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, as well as Runners Point, and Sidestep. As of January 30, 2016, it operated 3,383 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, and private-label merchandise through Internet Websites, mobile sites, and catalogs. This segment operates sites for eastbay.com, final-score.com, eastbayteamsales.com, and sp24.com, as well as footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, champssports.com, footaction.com, footlocker.ca, footlocker.eu, runnerspoint.com, and sidestep-shoes.com. The company also provides franchise licenses to operate its Foot Locker stores in the Middle East and the Republic of Korea; and Runners Point Germany. It operates 64 franchised stores. The company was founded in 1879 and is headquartered in New York, New York.

Advisors’ Opinion:

  • [By Michael A. Robinson]

    Consider that the Foot Locker Inc. (NYSE: FL) recently reported its growth more than doubled expectations in its most recent quarter. And yet, just days ago, the sports chain said it will shutter 165 stores.

  • [By Joseph Griffin]

    Imperial Capital reiterated their outperform rating on shares of Foot Locker (NYSE:FL) in a research note issued to investors on Monday, Marketbeat Ratings reports. They currently have a $70.00 price objective on the athletic footwear retailer’s stock, up from their prior price objective of $66.00.

Top 10 High Tech Stocks To Invest In 2021: Aqua America, Inc.(WTR)

Aqua America, Inc. (Aqua America), incorporated on November 14, 1968, is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc. The Company’s market-based activities are conducted through Aqua Resources Inc. and Aqua Infrastructure, LLC. Aqua Resources Inc. provides water and wastewater service through operating and maintenance contracts with municipal authorities and other parties in close proximity to its utility companies’ service territories; offers, through a third party, water and wastewater line repair service and protection solutions to households; inspects, cleans and repairs storm and sanitary wastewater lines; installs and tests devices that manage the contamination of potable water; designs and builds water and wastewater systems, and provides other market-based water and wastewater services. The Company’s non-regulated subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry.

The Company’s utility customer base is diversified among residential water, commercial water, fire protection, industrial water, other water, wastewater customers, and other utility customers (consisting of operating contracts that are closely associated with the utility operations). The Company’s water utility operations obtain their water supplies from surface water sources underground aquifers and water purchased from other water suppliers. Its water supplies are self-supplied and processed at 20-surface water treatment plants located in fits states and numerous well stations located in all of the states in which it conducts business. Approximately 8% of its water supplies are provided through water purchased from other water suppliers. The Company owns several sewer collection systems where the wastewater is treat! ed at a municipally owned facility. Its properties consist of water transmission and distribution mains and wastewater collection pipelines, water and wastewater treatment plants, pumping facilities, wells, tanks, meters, pipes, dams, reservoirs, buildings, vehicles, land, easements, rights-of-way, and other facilities and equipment used for the operation of its systems, including the collection, treatment, storage, and distribution of water and the collection and treatment of wastewater.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Aqua America Inc (NYSE:WTR)Q42018 Earnings Conference CallFeb. 19, 2019, 11:00 a.m. ET

    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:


  • [By Max Byerly]

    Aqua America (NYSE:WTR) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.45-1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.49.

Top 10 High Tech Stocks To Invest In 2021: Lumber Liquidators Holdings, Inc(LL)

Lumber Liquidators Holdings, Inc. (Lumber Liquidators), incorporated in November 12, 2009, is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. The Company also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools. The Company also provides in-home delivery and installation services to certain of its customers. The Company’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. Lumber Liquidators operates over 375 stores located in over 50 states and Canada. In addition to its stores in Ontario, Canada, the Company has over 370 the United States stores in operation.

The Company operates in a holding company structure with Lumber Liquidators Holdings, Inc. serving as its parent company and certain direct and indirect subsidiaries, including Lumber Liquidators, Inc., Lumber Liquidators Services, LLC, Lumber Liquidators Production, LLC, and Lumber Liquidators Canada Inc., conducting its operations. The Company offers wood flooring under over 20 brand names, led by its flagship Bellawood. The Company’s hardwood flooring products are available in various widths and lengths. It offers over 400 different flooring product stock-keeping units. In addition to the store locations, the Company’s products may be ordered, and customer questions/concerns addressed, through both its call center in Toano, Virginia, and its Website, www.lumberliquidators.com. The Company finishes the majority of the Bellawood products on its finishing lines in Toano, Virginia.

Advisors’ Opinion:

  • [By ]

    First, you must understand that Tilson ran a long/short hedge fund, with an emphasis on the short side of the equation. Five and a half years ago, Tilson most famously brought to the public’s attention the fact that Lumber Liquidators (NYSE: LL) — which he shorted — was selling formaldehyde-drenched, Chinese-made laminate flooring.

  • [By Motley Fool Transcribers]

    Lumber Liquidators Holdings Inc (NYSE:LL)Q42018 Earnings Conference CallMarch 18, 2019, 8:00 a.m. ET

    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:


Top 10 High Tech Stocks To Invest In 2021: Ardelyx, Inc.(ARDX)

Ardelyx, Inc. discovers, develops, and commercializes minimally-systemic therapeutics for the gastrointestinal (GI) tract to treat GI and cardio-renal diseases. Its lead product candidate is tenapanor, which is in Phase III clinical trial for the treatment of patients with constipation-predominant irritable bowel syndrome, as well as in Phase IIb clinical trial for the treatment of hyperphosphatemia or elevated serum phosphorus levels in patients with end-stage renal disease. The company is also developing RDX022, an oral, non-absorbed potassium-binder for the treatment of hyperkalemia or elevated serum potassium. Its drug candidates in earlier stages of research and development include RDX009, a secretagogue of glucagon-like peptide-1 and glucagon-like peptide-2; and RDX013, a small molecule drug candidate for hyperkalemia. It has a collaboration partnership with AstraZeneca AB for the development and commercialization of tenapanor; and option and license agreement with Sanofi SA to conduct research for evaluating small molecule NaP2b inhibitors for the treatment of hyperphosphatemia in CKD patients on dialysis. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was founded in 2007 and is headquartered in Fremont, California.

Advisors’ Opinion:

  • [By Jon C. Ogg]

    Ardelyx Inc. (NASDAQ: ARDX) was started with a Buy rating at Jefferies on Friday, and the $7 price target compared with a $4.15 prior close. Its shares were up about 3% at $4.30 in the morning the call was made, and the market cap was roughly $265 million. Ardelyx also has a 52-week trading range of $3.58 to $8.65. While this may imply major upside of more than 60% if the analyst call proves correct, Leerink had resumed coverage on Ardelyx with an Outperform rating and a $13 price target back in March of 2018. Investors may want to keep in mind that Ardelyx sold $50 million worth of shares at $4.00 per share in May of this year. Jefferies and Leerink were the joint book-running managers for that offering.

  • [By Max Byerly]

    Connor Clark & Lunn Investment Management Ltd. raised its holdings in Ardelyx Inc (NASDAQ:ARDX) by 25.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 136,534 shares of the biopharmaceutical company’s stock after purchasing an additional 27,903 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Ardelyx were worth $505,000 as of its most recent SEC filing.

  • [By Shane Hupp]

    Ardelyx (NASDAQ: ARDX) and KITOV PHARMA LT/S (NASDAQ:KTOV) are both small-cap medical companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership and dividends.

Top 10 High Tech Stocks To Invest In 2021: Immunomedics, Inc.(IMMU)

Immunomedics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune, and other diseases. The company is developing Yttrium-90-labeled clivatuzumab tetraxetan, which is in Phase III registration study used for the treatment of pancreatic cancer. It is also developing antibody-drug conjugate (ADC) products comprising IMMU-132, an ADC that contains SN-38, which is in Phase II trials used for the treatment of patients with metastatic triple-negative breast cancer, and small-cell and non-small-cell lung cancers; IMMU-130, an anti-CEACAM5-SN-38 ADC that is in Phase II trials for the treatment of metastatic colorectal cancer; and epratuzumab, which is in two Phase III clinical trials for the treatment of systemic lupus erythematosus. Its early-stage products include Veltuzumab, a humanized monoclonal antibody targeting CD20 receptors on B lymphocytes for the treatment of non-Hodgkin lymphoma (NHL) and autoimmune diseases; Milatuzumab, a humanized monoclonal antibody targeting tumors that expresses the CD74 antigen, which is in Phase 1 studies; Yttrium-90-Labeled Epratuzumab Tetraxetan, a radiolabeled anti-CD22 investigational product candidate for patients with NHL or acute lymphoblastic leukemia; and IMMU-114, a novel humanized antibody for the treatment of patients with B-cell cancers. The company also provides LeukoScan, a diagnostic imaging product for diagnostic imaging to determine the location and extent of infection/inflammation in bone. In addition, it offers other product candidates for the treatment of solid tumors and hematologic malignancies, as well as other diseases, which are in various stages of clinical and pre-clinical development. The company has a collaboration agreement with Algeta ASA for the development of epratuzumab. Immunomedics, Inc. was founded in 1982 and is headquartered in Morris Plains, New Jersey.

Advisors’ Opinion:

  • [By Maxx Chatsko]

    Shares of Immunomedics (NASDAQ:IMMU) rose nearly 12% last month, according to data provided by S&P Global Market Intelligence. The $5 billion biopharma announced fiscal first-quarter and full-year 2018 financial results, although as a pre-commercial company, investors were more interested in the business updates provided.

  • [By Max Byerly]

    Swiss National Bank cut its holdings in Immunomedics, Inc. (NASDAQ:IMMU) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,050 shares of the biopharmaceutical company’s stock after selling 8,600 shares during the period. Swiss National Bank’s holdings in Immunomedics were worth $4,806,000 at the end of the most recent reporting period.

Top 10 High Tech Stocks To Invest In 2021: Chemung Financial Corp(CHMG)

Chemung Financial Corporation, incorporated on January 2, 1985, is a bank holding company. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of banking, financing, fiduciary and other financial services to its clients. The Company manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The Company’s financial services include demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. The Bank operates approximately 30 branch offices located in over 10 counties in New York and Bradford County in Pennsylvania. The Bank also operates under the name of its division, Capital Bank, with branch offices located in Albany and Saratoga counties in New York. The Bank provides wealth management services as executor and trustee under wills and agreements, and guardian, custodian, trustee and agent for pension, profit-sharing and other employee benefit trusts, as well as various investment, pension, estate planning and employee benefit administrative services.

Lending Activities

The Company divides its loan portfolio into lending categories: commercial and agricultural, commercial mortgages, residential mortgages and consumer loans. Commercial and agricultural loans consist of loans to small to mid-sized businesses in its market area in a diverse range of industries. The Company also provides commercial mortgage loans. It offers interest rate swaps to certain commercial mortgage borrowers. The residentia! l mortgage loans are made on the basis of the borrower’s ability to make repayment from his or her employment and other income but are secured by real property. The consumer loans include home equity lines of credit and home equity loans. The Company’s total loans are approximately $1,168.63 million.

Investment Activities

The Company’s investments include securities available for sale and securities held to maturity. The Company’s securities available for sale include obligations of the United States Government, obligations of the United States Government sponsored enterprises, mortgage-backed securities, residential and collateralized mortgage obligations, obligations of states and political subdivisions, and other securities. The Company’s total available for sale securities are approximately $344.8 million. The Company’s securities held to maturity consist of obligations of political subdivisions in its market areas. The Company’s total held to maturity securities are approximately $4.6 million. Its non-marketable equity securities include shares of Federal Reserve Bank of New York (FRBNY) stock and Federal Home Loan Bank of New York (FHLBNY) stock.

Sources of Funds

The Company’s sources of funds are deposits, principal and interest payments on loans and securities, borrowings and funds generated from operations of the Bank. The Bank also has access to advances from the FHLBNY, other financial institutions and the FRBNY. The Company’s deposits consist of non-interest-bearing and interest-bearing checking accounts, savings accounts, insured money market accounts and Time deposits. The Company’s total deposits are approximately $1,400 million.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Southside Bancshares (NASDAQ:SBSI) and Chemung Financial (NASDAQ:CHMG) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, risk, institutional ownership and dividends.

  • [By Ethan Ryder]

    Chemung Financial Corp. (NASDAQ:CHMG) Director Robert H. Dalrymple sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 21st. The stock was sold at an average price of $42.54, for a total transaction of $85,080.00. Following the completion of the transaction, the director now directly owns 237,541 shares of the company’s stock, valued at $10,104,994.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Chemung Financial (CHMG)

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

Top 10 High Tech Stocks To Invest In 2021: Bank of Hawaii Corporation(BOH)

Bank of Hawaii Corporation (the “Parent”) is a Delaware corporation and a bank holding company (“BHC”) headquartered in Honolulu, Hawaii. The Parent’s principal operating subsidiary, Bank of Hawaii (the “Bank”), was organized on December 17, 1897 and is chartered by the State of Hawaii. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the “FDIC”) and the Bank is a member of the Federal Reserve System.
The Bank, directly and through its subsidiaries, provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. References to “we,” “our,” “us,” or “the Company” refer to the Parent and its subsidiaries and are consolidated for financial reporting purposes. The Bank’s subsidiaries include Bank of Hawaii Leasing, Inc., Bankoh Investment Services, Inc., and Pacific Century Life Insurance Corporation.   Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Bank of Hawaii (BOH)

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

  • [By Shane Hupp]

    Bank of Hawaii Co. (NYSE:BOH) has received an average rating of “Hold” from the eight research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $90.10.

  • [By Max Byerly]

    Envestnet Asset Management Inc. reduced its holdings in Bank of Hawaii Co. (NYSE:BOH) by 17.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,691 shares of the bank’s stock after selling 1,021 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Bank of Hawaii were worth $391,000 at the end of the most recent quarter.

Top 10 High Tech Stocks To Invest In 2021: Blackstone GSO Senior Floating Rate Term Fund(BSL)

Blackstone/GSO Senior Floating Rate Term Fund (Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The Fund seeks to provide a high level of current income with capital preservation through investments in senior secured floating rate loans. Under normal market conditions, the fund invests approximately 80% of its total assets in senior, secured floating rate loans (senior Loans). The Fund may also invest in second-lien loans and high yield bonds and employs financial leverage. The Fund invests in various sectors, including healthcare and pharmaceuticals; automotive; retail; beverage, food and tobacco; construction and building; banking, finance, insurance and real estate, and telecommunications. GSO/Blackstone Debt Funds Management LLC serves as an investment advisor for the Fund. Advisors’ Opinion:

  • [By Shane Hupp]

    News headlines about Blackstone/GSO Senior Fltg Rt Term Fund (NYSE:BSL) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blackstone/GSO Senior Fltg Rt Term Fund earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.30334299338 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

  • [By Max Byerly]

    Press coverage about Blackstone/GSO Senior Fltg Rt Term Fund (NYSE:BSL) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blackstone/GSO Senior Fltg Rt Term Fund earned a news impact score of 0.01 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.5730037272636 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

  • [By Ethan Ryder]

    Media headlines about Blackstone/GSO Senior Fltg Rt Term Fund (NYSE:BSL) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackstone/GSO Senior Fltg Rt Term Fund earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.1154940270027 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Top 10 High Tech Stocks To Invest In 2021: One Liberty Properties Inc.(OLP)

One Liberty Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States. The company??s property portfolio includes retail furniture stores, as well as industrial, office, flex, health and fitness, and other properties. As of March 31, 2008, it owned 67 properties; holds a 50% tenancy in common interest in 1 property; and owns 4 properties through joint ventures. The company has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax, if it distributes at least 90% of its taxable income to its shareholders. One Liberty Properties was founded in 1982 and is based in Great Neck, New York.

Advisors’ Opinion:

  • [By Joseph Griffin]

    One Liberty Properties, Inc. (NYSE:OLP) declared a quarterly dividend on Friday, September 14th, Wall Street Journal reports. Shareholders of record on Tuesday, September 25th will be paid a dividend of 0.45 per share by the real estate investment trust on Thursday, October 4th. This represents a $1.80 annualized dividend and a yield of 6.36%. The ex-dividend date is Monday, September 24th.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on One Liberty Properties (OLP)

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

Top 10 High Tech Stocks To Invest In 2021: United Parcel Service Inc.(UPS)

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment engages in the time-definite delivery of letters, documents, and packages in the United States. The International Package segment offers air and ground delivery of small packages and letters to approximately 220 countries and territories, including shipments outside the United States, as well as shipments with either origin or distribution outside the United States; export services; and domestic services move shipments within a country?s borders. The Supply Chain & Freight segment provides forwarding and logistics services, such as supply chain design and management, freight distribution, customs brokerage, mail, and consulting services in approximately 195 countries and territorie s; and less-than-truckload and truckload services to customers in North America. In addition, the company offers various technology solutions for automated shipping, visibility, and billing; information technology systems and distribution facilities to various industries comprising healthcare, technology, and consumer/retail; and a portfolio of financial services that provides customers with short-term working capital, government guaranteed lending, global trade financing, credit cards, and export financing. It operates a fleet of approximately 99,800 package cars, vans, tractors, and motorcycles; an air fleet of 527 aircraft; and 33,800 containers used to transport cargo in its aircraft. The company was founded in 1907 and is headquartered in Atlanta, Georgia.

Advisors’ Opinion:

  • [By Lou Whiteman]

    Logistics giant United Parcel Service (NYSE:UPS) is in the middle of an ambitious plan to spend upwards of $20 billion on new facilities, vehicles, aircraft, and technology through 2020, while at the same time remaining committed to growing its dividend, funding pension obligations, and continuing to buy back shares.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on United Parcel Service (UPS)

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

Hot Clean Energy Stocks To Buy For 2019

When the stock market sends a company’s share price down through no fault of the company, it can be a great time to buy. And the recent market turmoil has been tough on many businesses, regardless of whether they’re outperforming or underperforming in their industries. 

Here’s why these stocks look like bargains, and why today might be a good time to scoop up some shares.

Hot Clean Energy Stocks To Buy For 2019: Foot Locker, Inc.(FL)

Foot Locker, Inc. (NYSE:FL) is one of the many retailers whose stocks have taken big hits over the past couple of years. Like many of its peers, FL has rebounded – and its outlook appears brighter than most.

After all, the sneaker space still looks reasonably strong. Nike Inc (NYSE:NKE) stock is at an all-time high. adidas AG/S ADR (OTCMKTS:ADDYY) did the same in April before a recent pullback. While direct-to-consumer sales from those giants represent a threat to Foot Locker, it continues to outperform smaller rival Finish Line Inc (NASDAQ:FINL). I wrote in January that Foot Locker looks like the best play in the space – and with FL stock actually down a bit since then, I still think that’s the case.

There are risks here, particularly given FL’s mall exposure. The company’s omnichannel efforts suggest potential margin pressure as well. But sneakers should hold up well to e-commerce competition – customers still like trying on the product, and seeing it firsthand. Almost $6 per share in net cash provides some downside protection, and a 3.1% dividend yield offers income as well.

As we shall see, there are a number of similar cash-rich stocks with solid dividends in the retail space. FL looks like one of the more attractive – for investors willing to invest in the sector.

Hot Clean Energy Stocks To Buy For 2019: Hormel Foods Corporation(HRL)

Hormel Foods is the last stock on this list. It’s probably best known as the maker of SPAM, but it has 35 brands that hold the No. 1 or No. 2 spot in their category. It sells products in virtually every section of the grocery store, from the deli to the frozen food aisle. And it operates in both the retail and food-service sectors. Although Hormel is focused around proteins like meat and nuts, its business is well diversified.   

Hormel has an investment-grade credit rating of A and an incredible 52-year streak of annual dividend increases. It’s a Dividend Aristocrat, placing it in rare company. The food maker’s 2.1% yield is modest compared to the yields of Dominion and Ventas, but that’s the high end of Hormel’s historical range. And the dividend has tended to grow by percentages in the high teens each year, far outdistancing the ravages of inflation. Hormel’s beta, meanwhile, is roughly 0.45, suggesting the stock is around half as volatile as the broader stock market.  

Investors have pushed Hormel’s shares lower recently because changing consumer tastes have been a headwind. However, Hormel has a been adjusting, selling slow-growth brands (like Diamond salt) and buying higher-growth brands (such as Wholly Guacamole). More recently, it’s been augmenting its deli exposure, an area of the grocery store that has been growing four times faster than the grocery average. It has also been reaching further into the international arena (via a foundational acquisition in South America), which only makes up a tiny 6% of the business today. This is a cornerstone investment option for a low-risk portfolio, and now is the time to put it in the cart.   

Hot Clean Energy Stocks To Buy For 2019: A.H. Belo Corporation(AHC)

The bull case for A.H. Belo Corporation (NYSE:AHC), the publisher of the Dallas Morning News, took a big hit this month. Disappointing Q1 results sent AHC shares tumbling, and wiped out a nice run: AHC had gained about 40% from late October through mid-April.

But back below $5, there’s still an intriguing case for the stock. The company closed Q1 with $54 million in cash – just over half of its market cap. The original headquarters of the Dallas Morning News in downtown Dallas is up for sale – and could fetch another $25-$30 million. And AHC has built out a digital marketing business as well.

Despite a potentially concerning decline in first-quarter results, AHC maintained its dividend this week, which yields nearly 7%. Should the downtown building sell, history suggests A.H. Belo will pay a special dividend as well.

As such, AHC is probably a better play for a tax-efficient account, given that dividend payments could be a big part of overall returns here. Even with disappointing results, there’s still an argument that AHC could have as much as 80% of its market cap in cash once the headquarters is sold.

It leaves a nice “heads I win, tails I don’t lose much” case for AHC — with solid income while investors wait for the story to play out.

Hot Clean Energy Stocks To Buy For 2019: Toll Brothers Inc.(TOL)

The Horsham, Pennsylvania-based, $7 billion market cap builder is  lower than 7% this year, making it an ideal buy right now.

The company posted great numbers in the first quarter of 2018 with a nearly 20% jump in orders, a key metric for the future. A 7% home price increase and an astounding tax reform-related 87% net income improvement creates a very bullish picture for the future.

The stock is bouncing off the 200-day simple moving average (SMA), and it makes sense to buy in the $45.00 per share zone. Stops are suggested at $41.93 per share, and my target is $55.00 per share.

Hot Clean Energy Stocks To Buy For 2019: TJX Companies, Inc. (TJX)

The retailing industry isn’t a Wall Street favorite these days, but that’s no reason for investors to avoid TJX Companies’ stock. In fact, between healthy operating growth and increasing cash returns, there’s a lot to like about this off-price specialist. 

Its 2017 fiscal year included more of the same steady, positive momentum that investors are used to seeing from this high-performing business. Comparable-store sales increased 2% to mark a slowdown from the prior year’s 5% spike. But TJX Companies enjoyed healthy customer traffic across its retailing brands as profitability held steady at 28% of sales. In a testament to its flexible operating model, 2017 was the 22nd consecutive year of rising sales at existing locations.

It benefits from industry upheaval and consolidation, and that fact supports management’s forecast for another year of modest growth ahead. And, as its recent 25% dividend hike demonstrates, investors can expect any operating gains to be supplemented by gushing cash returns. 

A strong inventory position should help TJX Companies boost profitability in 2018 so that earnings rise by about 5% to $4.04 per share. Tax law changes have freed up cash, too, which executives aim to use to double stock buyback spending this year. Investors can follow that lead and pick up shares of this healthy business that’s stuck in an unloved industry.