The cannabis space remains enticing thanks to both the short-term and long-term trends we have in place. As a result of those trends, it has become a natural interest among investors. Attention has been gravitating toward Canopy Growth (NYSE:CGC) and not because it’s the wildest one to trade. Instead, it’s because CGC stock is one of the more high-quality names in the industry.
Should it be one you consider on the long side?
As with everything in the stock market, it comes down to several considerations. Things like, what kind of timeline are investors using, what is their risk tolerance and do they consider themselves traders or investors?
Not only do the answers to these questions indicate whether investors should be in the cannabis space at all, but it also impacts whether Canopy stock is their best choice. For instance, if they are investors instead of traders, they may be best suited in a name like Cronos Group (NASDAQ:CRON) or CGC stock. If they’re traders, perhaps Tilray (NASDAQ:TLRY) or Aurora Cannabis (NYSE:ACB) may be better suited for their tastes.
Top 5 Undervalued Stocks To Own For 2021: The Swatch Group AG (SWGAY)
The Swatch Group SA is a Switzerland-based holding company engaged in the apparel and accessories industry. The Company’s activities are divided into two core business segments: Watches and Jewelry and Electronic Systems. The Watches and Jewelry segment includes the production and sale of branded watches, jewelry and quartz movements, notably the brands Breguet, Harry Winston, Blancpain, Glashuette Original, Jaquet Droz, Leon Hatot, Omega, Longines, Rado, Union Glashuette, Tissot, Balmain, Certina, Hamilton, Calvin Klein watches + jewelry, Swatch, and Flik Flak. The Electronic Systems segment includes the production and marketing of electronic components, notably batteries and sports timing equipment. The Company also supplies products from these segments to third-party watchmakers. The Swatch Group SA is represented worldwide through its subsidiaries and distributors, notably Tourbillion and Hour Passion, and operates Swiss production plants in Boncourt, Grenchen and Villeret. Advisors’ Opinion:
- [By Logan Wallace]
EAGLE POINT Cr/COM (OTCMKTS: SWGAY) and SWATCH Grp AG/ADR (OTCMKTS:SWGAY) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.
- [By Ethan Ryder]
SWATCH Grp AG/ADR (OTCMKTS:SWGAY) was downgraded by analysts at UBS Group from a “buy” rating to a “hold” rating in a research note issued on Friday, The Fly reports.
Top 5 Undervalued Stocks To Own For 2021: Bayer Aktiengesellschaft (BAYZF)
Bayer AG is a life science company. The Company’s segments are Pharmaceuticals, Consumer Health, Crop Science, Animal Health and Covestro. The Pharmaceuticals segment is engaged in the development of prescription pharmaceuticals; contraceptives, and medical products, such as injection systems and contrast agents for diagnostic procedures. The Consumer Health segment is engaged in the development of over-the-counter medications, dermatology products and nutritional supplements. The Crop Science segment is engaged in the development of product portfolio in the areas of seeds and plant traits, crop protection, home and garden, the green industry and nonagricultural pest control. The Animal Health segment is engaged in the development of veterinary medicines and animal grooming products. Covestro is engaged in the development of raw materials for polyurethanes; polycarbonate resins and sheets; raw materials for coatings, adhesives and sealants; and selected chemical intermediates. Advisors’ Opinion:
- [By ]
As of December 2017, Greenlight Re’s major (10%+) long positions were General Motors (GM), Brighthouse Financial (BHF), gold (GLD), Bayer (OTCPK:BAYZF), and Mylan (MYL). It also holds a long position in Micron (MU), which was the best positive contributor to its portfolio in the first quarter of 2018. These long positions were balanced by shorts in Tesla (TSLA), Netflix (NFLX), and other “bubble basket” stocks. The portfolio is also short Assured Guaranty (AGO), a municipal bond insurer, a position which is hedged by a simultaneous long in Puerto Rican debt. Overall, the portfolio is 93% gross long and 65% gross short. Unlike most insurance portfolios, just 0.5% of investments are in debt instruments and, in fact, Greenlight Re’s short portfolio was 11% allocated to sovereign debt.
- [By SEEKINGALPHA.COM]
For the third quarter, the company reported cash and equivalents of $470.4 million, while net income came in at $50 million (includes a gain of $78.7 million from the Immunomedics’ warrant). Without the one-time gain, its loss of $28.7 million would still be an improvement over net loss of $31.8 million for the same quarter last year. For the fourth quarter, the company is guiding for ADCETRIS sales in the range of $82 million to $84 million (total revenue of $128 million to $130 million). In addition to the growing opportunity for ADCETRIS (peak sales in excess of $1 billion) and the intriguing prospects of tucatinib, the company has a promising pipeline of ADC candidates and immuno-oncology assets. Partnered programs with the likes of AbbVie (NYSE:ABBV), Astellas (OTCPK:ALPMY), Genmab (OTCPK:GMXAY), Bayer (OTCPK:BAYZF), Genentech and many more also lend additional credibility to the story.
Top 5 Undervalued Stocks To Own For 2021: Transdigm Group Incorporated(TDG)
TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies aircraft components in the United States. The companys Power & Control segment provides mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, and cargo loading and handling systems. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. Its Airframe segment offers engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, and cargo delivery systems. It serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The companys Non-aviation segment provides seat belts and safety restraints for ground transportation applications; mechanical/electro-mechanical actuators and controls for space applications; and refueling systems for heavy equipment used in mining, construction, and other industries. It serves off-road vehicle and subsystem, child restraint system, and satellite and space system suppliers; and manufacturers of heavy equipment. The company also offers aerospace pneumatic and hydraulic components and subsystems for commercial transport, regional, business jet, and military applications; extruded plastic interior parts for use in the commercial aerospace industry; faucets and related products for use on commercial transports and regional jets; and unit load devices. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on TransDigm Group (TDG)
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- [By Lou Whiteman]
Shares of TransDigm Group (NYSE:TDG) were up 11% in February, according to data provided by S&P Global Market Intelligence, after the aerospace component supplier reported strong quarterly results and provided an optimistic outlook for the months to come.
- [By Leo Sun, Maxx Chatsko, and Dan Caplinger]
It seems tough to find hidden gems in today’s market, where analysts and investors constantly filter out the most promising stocks. However, there are still solid companies that are sparsely covered by Wall Street, and these stocks could rally once they attract more attention. Here are three stocks that aren’t on Wall Street’s radar yet — Qutoutiao (NASDAQ:QTT), TransDigm Group (NYSE:TDG), and Fluidigm (NASDAQ:FLDM).
Top 5 Undervalued Stocks To Own For 2021: Echo Global Logistics, Inc.(ECHO)
Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of motor, rail, and air freight transportation providers for the transportation and logistics needs. The company offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international transportation services. Its principal transportation management and logistics services include rate negotiation; procurement of transportation; shipment execution and tracking; carrier management, selection, reporting, and compliance; executive dashboard presentations and detailed shipment reports; freight bill audit and payment; claims processing and service refund management; design and management of inbound client freight programs; individually configured Web portals and self-service data warehouses; enterprise resource planning integration with transactional shipment data; and integration of shipping applications into client e-commerce sites, as well as back end reports customized to the internal reporting needs of the business. The company serves clients operating in various industries, such as manufacturing, construction, consumer products, and retail. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois.
- [By Max Byerly]
Morgan Stanley upgraded shares of Echo Global Logistics (NASDAQ:ECHO) from an underweight rating to an equal weight rating in a report published on Tuesday, Marketbeat Ratings reports. Morgan Stanley currently has $25.00 price objective on the transportation company’s stock, up from their prior price objective of $22.00.
- [By Motley Fool Transcribers]
Echo Global Logistics Inc (NASDAQ:ECHO)Q4 2018 Earnings Conference CallFeb. 06, 2019, 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Logan Wallace]
BidaskClub cut shares of Echo Global Logistics (NASDAQ:ECHO) from a buy rating to a hold rating in a research note released on Thursday morning.
Several other brokerages have also commented on ECHO. ValuEngine raised Echo Global Logistics from a hold rating to a buy rating in a research note on Monday, June 11th. Stifel Nicolaus started coverage on Echo Global Logistics in a research note on Tuesday, June 19th. They set a buy rating and a $34.00 price target on the stock. Cowen boosted their price target on Echo Global Logistics from $35.00 to $40.00 and gave the stock an outperform rating in a research note on Monday, July 16th. Barrington Research reissued a buy rating on shares of Echo Global Logistics in a research note on Friday, June 29th. Finally, JPMorgan Chase & Co. boosted their price target on Echo Global Logistics from $35.00 to $37.00 and gave the stock an overweight rating in a research note on Thursday, April 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Echo Global Logistics presently has a consensus rating of Buy and an average target price of $34.67.
- [By Joseph Griffin]
Koch Industries Inc. purchased a new stake in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 11,361 shares of the transportation company’s stock, valued at approximately $314,000.
Top 5 Undervalued Stocks To Own For 2021: Horizon Technology Finance Corporation(HRZN)
Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company primarily makes secured debt investments, which consists of loans secured by all of, or a portion of, the applicable debtor Company’s tangible and intangible assets, to development-stage companies in the technology, life science, healthcare information and services and cleantech industries. The Company’s investment objective is to maximize its investment portfolio’s total return by generating income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon Technology Finance Management LLC is the investment manager of the Company. Advisors’ Opinion:
- [By Ethan Ryder]
Shares of Horizon Technology Finance Corp (NASDAQ:HRZN) have been assigned a consensus recommendation of “Hold” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $11.00.
- [By ]
At the top, Horizon Tech Finance (Nasdaq: HRZN) has one of the more asset-rich balance sheets in the group. The business development company makes loans to private tech and life sciences outfits in need of capital. Since 2004, Horizon has invested $1.2 billion in loans to 200 carefully-screened borrowers.
- [By Shane Hupp]
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
Get Horizon Tech Finance alerts:
$7.15 Million in Sales Expected for Horizon Tech Finance (HRZN) This Quarter (americanbankingnews.com) $0.26 Earnings Per Share Expected for Horizon Tech Finance (HRZN) This Quarter (americanbankingnews.com) Fintech Needs to Show B2B Some Love (paymentsjournal.com) ICEYE Raises $34M in Series B Financing and Confirms Nine Satellite Launches by End of 2019 (pilotonline.com)
HRZN stock traded up $0.04 during trading on Tuesday, hitting $10.01. The stock had a trading volume of 425 shares, compared to its average volume of 73,887. Horizon Tech Finance has a twelve month low of $9.66 and a twelve month high of $11.88. The stock has a market cap of $115.37 million, a price-to-earnings ratio of 9.36 and a beta of 0.81.