Bitcoin��s ��moment of truth�� is upon us, says technical analyst

The mid-July rally in bitcoin is showing signs of petering out. Since hitting a one-month high on July 24, bitcoin as surrendered more than 10%, taking the wind out of the sails of those who had their sights on $10,000 and beyond.

The momentum-killer came with the second rejection of a bitcoin-related exchange-traded-fund submitted by Tyler and Cameron Winklevoss. However, it would be a big mistake to write off the chances just yet, says one market analyst.

��Investors are highly underestimating that if bitcoin futures can trade on a major exchange, then an ETF can,�� said Naeem Aslam, chief market analyst at Think Markets U.K. ��It��s a huge blunder if they can��t see it coming.��

Read: These may be the 3 biggest hurdles to a bitcoin ETF

The price of a single bitcoin BTCUSD, +2.35% was last valued at $7,503.60, down 2.5% since Tuesday 5 p.m. Eastern Time on the Kraken exchange.

Read: A total collapse in bitcoin is a real possibility, says Nobel Prize��winning economist Krugman

Moment of truth for bitcoin after yet another failure at its 200-day MA

As it did in May, the 200-day moving average, a closely watched long-term momentum indicator, is providing formidable resistance for the No. 1 digital currency. As Rob Sluymer, technical strategist at Fundstrat Global Advisors notes, the level coincides with another popular technical indicator. ��In the very short-term BTC, is likely at a pullback/pause point at resistance level coinciding with a 61.8% retracement of the May-June downtrend just below the May 20 highs and near the declining 200-dma,�� he said.

After yet another failure at the key indicator, Sluymer said bitcoin is facing a ��moment of truth�� as it trades near support at $7,400.

The last time bitcoin failed at its 200-day moving average it dropped more than 40% in seven weeks.

Ripple outperforming other altcoins

Ripple is the only major altcoin, smaller coins other than bitcoin, showing gains Wednesday, with a single XRP coin XRPUSD, +2.04% trading 3.2% higher at 45 cents.

Elsewhere, Ether ETHUSD, +3.22% was down 2.9% at $419.96, Bitcoin Cash BCHUSD, +3.12% is trading down by 1.9%, at $754.80 and Litecoin LTCUSD, +2.96% is down 0.8% to $77.10.

Bitcoin futures finished lower Wednesday. The CME Group Inc.��s August contract BTCQ8, +1.46% finished the day down 2.4% at $7,545 and the comparable Cboe Global Markets Inc. contract XBTQ8, +1.73% �closed at $7,530, down 2.1%.

CryptoWatch: Check bitcoin and other cryptocurrency prices, performance and market capitalization��all on one

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Aaron Hankin

Aaron Hankin is a MarketWatch reporter in New York who covers cryptocurrency and financial markets.

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Comment Quote References BTCUSD +176.00 +2.35% XRPUSD +0.01 +2.04% ETHUSD +13.19 +3.22% BCHUSD +23.20 +3.12% LTCUSD +2.25 +2.96% BTCQ8 +110.00 +1.46% XBTQ8 +130.00 +1.73% Show all references MarketWatch Partner Center Most Popular This is how much Elon Musk��s star is fading as Tesla��s earnings roll in

Bitcoin rises, shaking off SEC's denial of Winklevoss ETF

The world's largest cryptocurrency jumped back above $8,200 Friday after falling sharply following news that U.S. regulators denied an application by Cameron and Tyler Winklevoss for the first-ever bitcoin ETF.

Bitcoin dropped to a low of $7,798.70 Friday morning, about 6 percent below where it was trading before the news Thursday evening, according to data from CoinDesk. Hours later, it recovered to $8,211.87 as of 3:52 p.m. ET. The cryptocurrency had jumped to a two-month high earlier this week, partially on rumors of a looming exchange-traded fund approval.

This had been the second attempt by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, to list a cryptocurrency ETF on a regulated exchange. The Securities and Exchange Commission has yet to approve a bitcoin-based exchange traded fund, and on Thursday highlighted security, market manipulation and investor protection issues.

Exchange-traded funds, or ETFs, track an index or group of assets but trade like stocks. Bitcoin pundits say the approval of one could bring in a wave of new buyers, and because bitcoin has a fixed supply, push up prices. The fund would allow investors to have a stake in bitcoin without actually owning the cryptocurrency.

The announcement pours cold water on bitcoin's 20 percent rally, which was partially caused by rumors that another ETF proposed by VanEck would be approved within a month. The August deadline snowballed in online bitcoin communities with conflicting days being floated as targets for the SEC announcement.

show chapters SEC rejects Winklevoss bitcoin ETF proposal for the second time    6:17 PM ET Thu, 26 July 2018 | 01:35

One SEC Commissioner, Hester M. Peirce, was supportive of a cryptocurrency bitcoin ETF and published a dissent following the agency's decision.

"I am concerned that the Commission's approach undermines investor protection by precluding greater institutionalization of the bitcoin market," Peirce said in a statement. "More institutional participation would ameliorate many of the Commission's concerns with the bitcoin market that underlie its disapproval order."

The SEC declined to comment, but according to rules under the Dodd-Frank finance reforms, a likely date for an announcement would be Aug. 16. The agency needs to take action within 45 days of the publication of a proposal. In the case of the VanEck and SolidX bitcoin ETF, which was published for comment on July 2, that 45th day falls on Aug. 16.

Still, a real decision could be months away and the commission can delay or reject VanEck's proposal.

"I would be skeptical of an ETF being approved this year," said Brian Kelly, founder and CEO of BKCM. "Answers to the questions the SEC has aren't complete yet."

Top 10 Stocks To Invest In 2019

tags:BLKB,TGC,CHRW,CVS,LBRDK,ATHM,AAP,NEWM,ONB,SIGM,

Starbucks Corp. is losing its longtime visionary leader, and Wall Street isn’t confident on what’s ahead.

Although Howard Schultz had already transitioned away from running the coffee chain’s day-to-day operations, investors are concerned about the coffee behemoth, which largely defined what espresso means in America, and around the world.

“The biggest challenge Starbucks has is they constantly have to figure out how to take care of the customer better,” said Bill Smead, chief executive officer of Smead Capital Management, which owns 346,113 shares of Starbucks. “How do you deliver the product to people in a way that they don’t mind the price going up?”

The shares fell as much as 3.1 percent in New York to $55.28 -- the biggest intraday drop in a month -- adding to this year’s decline. The stock was down 2.1 percent as of 10:28 a.m.

Top 10 Stocks To Invest In 2019: Blackbaud, Inc.(BLKB)

Advisors' Opinion:

• [By Max Byerly]

  Blackbaud, Inc. (NASDAQ:BLKB) EVP Kevin W. Mooney sold 9,669 shares of the company’s stock in a transaction dated Tuesday, June 12th. The stock was sold at an average price of $105.00, for a total value of $1,015,245.00. Following the transaction, the executive vice president now directly owns 99,226 shares of the company’s stock, valued at $10,418,730. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Top 10 Stocks To Invest In 2019: Tengasco, Inc.(TGC)

Advisors' Opinion:

• [By Logan Wallace]

  Tigercoin (TGC) is a proof-of-work (PoW) coin that uses the SHA256 hashing algorithm. It launched on September 6th, 2013. Tigercoin’s total supply is 43,536,800 coins. The official website for Tigercoin is tigercoin.wordpress.com. Tigercoin’s official Twitter account is @TigerCoin.

• [By Max Byerly]

  Tigercoin (CURRENCY:TGC) traded 12.1% lower against the US dollar during the 1-day period ending at 23:00 PM E.T. on May 6th. One Tigercoin coin can now be bought for $0.0077 or 0.00000083 BTC on popular cryptocurrency exchanges. In the last week, Tigercoin has traded 6.4% lower against the US dollar. Tigercoin has a total market cap of $334,680.00 and approximately $64.00 worth of Tigercoin was traded on exchanges in the last 24 hours.

Top 10 Stocks To Invest In 2019: C.H. Robinson Worldwide, Inc.(CHRW)

Advisors' Opinion:

• [By Stephan Byrd]

  Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

  Get C.H. Robinson Worldwide alerts: Head-To-Head Contrast: Echo Global Logistics (ECHO) versus C.H. Robinson Worldwide (CHRW) (americanbankingnews.com) C.H. Robinson declares quarterly cash dividend, ups buyback (financial-news.co.uk) C.H. Robinson (CHRW) Stock Gains 32% in a Year: Here’s Why (msn.com) C. H. Robinson (CHRW) Expected to Announce Quarterly Sales of $4.17 Billion (americanbankingnews.com)

  Shares of C.H. Robinson Worldwide traded up $0.23, hitting $88.23, during trading on Friday, according to MarketBeat Ratings. The stock had a trading volume of 670,926 shares, compared to its average volume of 1,607,328. C.H. Robinson Worldwide has a 12 month low of $63.41 and a 12 month high of $100.18. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 2.21 and a beta of 0.42.

• [By Asit Sharma]

  Landstar is benefiting, of course, from tight capacity in the freight truck market. As I noted last month, John Wiehoff, CFO of fellow 3PL provider C.H. Robinson Worldwide (NASDAQ:CHRW), recently gave an informative rundown of the factors contributing to the utilization of supply in the trucking market. These include an expanding U.S. economy, a shrinking pool of skilled truck drivers, rising e-commerce related shipping demand, and the recently implemented "ELD" (electronic logging device) regulations mandated by Congress. ELD seeks to make trucking safer through the implementation of advanced monitoring of the hours truck drivers log.

• [By Max Byerly]

  Envestnet Asset Management Inc. trimmed its position in shares of C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 95.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 8,737 shares of the transportation company’s stock after selling 165,535 shares during the quarter. Envestnet Asset Management Inc.’s holdings in C.H. Robinson Worldwide were worth $813,000 at the end of the most recent quarter.

Top 10 Stocks To Invest In 2019: CVS Health Corporation(CVS)

Advisors' Opinion:

• [By Keith Speights]

  The way to determine where a puck is going to be requires evaluating its direction and speed. I used a similar approach to identify five stocks with fast-growing dividends: Boeing (NYSE:BA), Amgen (NASDAQ:AMGN), CVS Health (NYSE:CVS), Texas Instruments (NASDAQ:TXN), and AbbVie (NYSE:ABBV). Here's why these stocks could be great picks for dividend-seeking investors.

• [By Lee Jackson]

  There are also two huge deals in the healthcare arena that could benefit from the apparent easing of concerns over mega-mergers. CVS Health Corp (NYSE: CVS) has a massive $69 billion bid for healthcare provider Aetna Inc. (NYSE: AET) on the table. While there has been some concerns over regulatory approval, top CVS management has confirmed recently they are making solid progress with states regulators, and they expect the deal to close later this year.

• [By Chris Lange]

  CVS Health Corp. (NYSE: CVS) and Aetna Inc. (NYSE: AET) are closing in on finalizing the acquisition, and the companies have now announced the management team going forward. Ultimately, Aetna will operate as a stand-alone business unit within CVS, and it will be led by members of its current management team.

• [By ]

  Lary Merlo of CVS Health (CVS) , Lowell McAdam of Verizon Communications Inc. (VZ) , Sundar Pichai of Alphabet Inc. (GOOGL) , and Jeff Bezos of Amazon Inc. (AMZN) rounded out the top five. 

Top 10 Stocks To Invest In 2019: Liberty Broadband Corporation(LBRDK)

Advisors' Opinion:

• [By Max Byerly]

  Liberty Broadband Corp Series C (NASDAQ: LBRDK) and Roku (NASDAQ:ROKU) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings, dividends and valuation.

• [By Ethan Ryder]

  Media headlines about Liberty Broadband Corp Series C (NASDAQ:LBRDK) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Liberty Broadband Corp Series C earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2592060171908 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Top 10 Stocks To Invest In 2019: Autohome Inc.(ATHM)

Advisors' Opinion:

• [By Max Byerly]

  Autohome (NYSE: ATHM) and Pegasystems (NASDAQ:PEGA) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, dividends, institutional ownership, analyst recommendations, profitability and earnings.

• [By Leo Sun]

  Tencent's and JD's investments in�Bitauto, which date back over three years, allow the two companies to expand their ecosystems into the online automotive market. By tethering itself to Tencent's WeChat and JD's online marketplace, Bitauto widens its moat against Autohome (NYSE:ATHM), its primary rival.

• [By Joseph Griffin]

  These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

  Get Autohome alerts: Dow Jones Falls Before Trump’s Iran Decision; These 2 IBD 50 Stocks Jump (investors.com) Autohome Quarterly Earnings Beat Estimates, Guides Higher (finance.yahoo.com) Autohome (ATHM) Posts Earnings Results, Beats Expectations By $0.11 EPS (americanbankingnews.com) Earnings Reaction History: Autohome Inc., 44.4% Follow-Through Indicator, 4.6% Sensitive (nasdaq.com) BRIEF-Autohome Reports Qtrly Earnings Per Share Of RMB 4.05 (reuters.com)

  Several analysts have recently commented on the stock. ValuEngine raised shares of Autohome from a “hold” rating to a “buy” rating in a research report on Wednesday, April 11th. Zacks Investment Research raised shares of Autohome from a “hold” rating to a “buy” rating and set a $99.00 price objective for the company in a research report on Monday, March 12th. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $73.97.

Top 10 Stocks To Invest In 2019: Advance Auto Parts Inc(AAP)

Advisors' Opinion:

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Sesen Bio, Inc. (NASDAQ: SESN) fell 21.7 percent to $2.35 in pre-market trading after dropping 23.00 percent on Monday. Libbey Inc. (NYSE: LBY) shares fell 18 percent to $5.61 in pre-market trading after the company announced the suspension of its quarterly dividend. The company cited the prioritization of debt reduction and strategic investments as a reason for the move. Dycom Industries, Inc. (NYSE: DY) fell 12.8 percent to $101.31 in pre-market trading after the company reported weaker-than-expected results for its third quarter and lowered its FY19 outlook. Pure Storage, Inc. (NYSE: PSTG) fell 9.9 percent to $21.25 in pre-market trading despite reporting a first-quarter earnings and sales beat. The company issued relatively in-line second quarter sales and earnings guidance. Ardelyx Inc (NASDAQ: ARDX) shares fell 8.9 percent to $5.15 in pre-market trading after announcing a $50 million common stock offering. GSV Capital Corp. (NASDAQ: GSVC) shares fell 8.8 percent to $6.40 in pre-market trading after dropping 2.09 percent on Monday. Melinta Therapeutics, Inc. (NASDAQ: MLNT) fell 8.2 percent to $6.70 in pre-market trading after the company disclosed a $75 million common stock offering. Altice USA, Inc. (NYSE: ATUS) shares fell 4.1 percent to $18.90 in pre-market trading after dropping 4.78 percent on Monday. Clearwater Paper Corporation (NYSE: CLW) shares fell 4 percent to $25.25 in pre-market trading. SailPoint Technologies Holdings, Inc. (NYSE: SAIL) fell 3.4 percent to $21.68 in pre-market trading following announcement of 15 million share follow-on offering. Juniper Networks, Inc. (NYSE: JNPR) shares fell 3.3 percent to $26.10 in pre-market trading. Advance Auto Parts, Inc. (NYSE: AAP) fell 2.5 percent to
• [By WWW.GURUFOCUS.COM]

  For the details of Richmond Hill Investment Co., LP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Richmond+Hill+Investment+Co.%2C+LP

  These are the top 5 holdings of Richmond Hill Investment Co., LPGlobal Indemnity Ltd (GBLI) - 1,043,157 shares, 52.79% of the total portfolio. Boardwalk Pipeline Partners LP (BWP) - 713,267 shares, 10.61% of the total portfolio. Shares added by 15.69%Post Holdings Inc (POST) - 85,288 shares, 9.47% of the total portfolio. Shares added by 112.95%Advance Auto Parts Inc (AAP) - 49,106 shares, 8.53% of the total portfolio. Shares reduced by 20.97%American International Group Inc (AIG.WS) - 320,761 shares, 7.71% of the
• [By Chris Lange]

  Advance Auto Parts Inc. (NYSE: AAP) and AutoZone Inc. (NYSE: AZO) each saw shares make a handy gain early on Tuesday. These companies have reported their most recent quarterly results, and while each had somewhat mixed reports, the overall outcome was good enough to give the shares a nice bump.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Advance Auto Parts (AAP)

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

• [By Ethan Ryder]

  BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Advance Auto Parts, Inc. (NYSE:AAP) by 13.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 39,627 shares of the company’s stock after purchasing an additional 4,715 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.05% of Advance Auto Parts worth $4,698,000 at the end of the most recent reporting period.

• [By Taylor Cox]

  Tuesday
  Notable Earnings

  Advance Auto Parts, Inc (NYSE: AAP) Q1 premarket AutoZone, Inc (NYSE: AZO) Q3 premarket Kohl’s Corporation (NYSE: KSS) Q1 premarket The TJX Companies, Inc (NYSE: TJX) Q1 premarket Hewlett Packard Enterprise Company (NYSE: HPE) Q2 after hours Intuit Inc (NASDAQ: INTU) Q3 after hours Urban Outfitters, Inc (NASDAQ: URBN) Q1 after hours

  IPOs

Top 10 Stocks To Invest In 2019: New Media Investment Group Inc.(NEWM)

Advisors' Opinion:

• [By Joseph Griffin]

  New Media Inv Group (NYSE: NEWM) and News (NASDAQ:NWS) are both consumer staples companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.

Top 10 Stocks To Invest In 2019: Old National Bancorp Capital Trust I(ONB)

Advisors' Opinion:

• [By Stephan Byrd]

  Old National Bancorp (NASDAQ:ONB) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.

• [By Ethan Ryder]

  Old National Bancorp (NASDAQ:ONB) Director Katherine E. White sold 1,064 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.80, for a total transaction of $18,939.20. Following the transaction, the director now owns 1,243 shares in the company, valued at approximately $22,125.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

• [By Joseph Griffin]

  MetLife Investment Advisors LLC reduced its position in shares of Old National Bancorp (NASDAQ:ONB) by 9.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,196 shares of the bank’s stock after selling 5,905 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Old National Bancorp were worth $1,000,000 at the end of the most recent quarter.

• [By Logan Wallace]

  Peregrine Capital Management LLC decreased its position in shares of Old National Bancorp (NASDAQ:ONB) by 18.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 304,956 shares of the bank’s stock after selling 69,410 shares during the period. Peregrine Capital Management LLC owned approximately 0.20% of Old National Bancorp worth $5,672,000 at the end of the most recent reporting period.

Top 10 Stocks To Invest In 2019: Sigma Designs, Inc.(SIGM)

Advisors' Opinion:

• [By Steve Symington]

  Data source: Silicon Laboratories.

  What happened with Silicon Labs this quarter? Revenue was above the high end of guidance provided in late January, which called for a range of $196 million to $202 million. On an adjusted (non-GAAP) basis, which excludes items like equity compensation and acquisition costs, net income was $38.3 million, or $0.87 per share -- also above guidance for adjusted earnings per share of between $0.73 and $0.79. IoT revenue grew 17% year over year to $103 million. Infrastructure revenue jumped 37% year over year to $49 million. Broadcast revenue declined 3% to $36 million. Access revenue fell 6% to $17 million. Subsequent to the end of the quarter, on April 18, 2018, Silicon Labs closed its $240 million acquisition of Sigma Designs' (NASDAQ:SIGM) Z-Wave business. Silicon Labs had initially agreed to acquire all of Sigma Designs this past December for $282 million, but amended the deal last quarter to include only its Z-Wave business after certain closing conditions weren't met. In any case, the purchase significantly expands Silicon Labs' position in mesh networking for smart homes. What management had to say

  Silicon Labs CEO Tyson Tuttle said:

Hedge fund manager Marc Larsy says bitcoin $40K is possible

Bitcoin is back, apparently. After months in the doldrums, the No. 1 digital currency surged higher Tuesday and has continued its run Wednesday.

As recently as Saturday, interest in bitcoin hit an eight-month low with 24-hour volume falling below $3 billion for the first time since Nov. 7, 2017. However, after Tuesday��s surge, which saw the world��s biggest digital currency climb more than 10%, volume more than doubled Saturday��s number and reached the highest level since May 24.

According to Coinmarketcap, $5.96 billion of bitcoin changed hands on Tuesday alone.

Bitcoin trading volume

The price of a single bitcoin BTCUSD, +1.67% �last changed hands at $7,450.10 on Wednesday, up 1.9% since Tuesday��s price at 5 p.m. on crypto exchange Kraken.

Read: Brutal bear market for bitcoin doesn��t stop record inflows to this digital asset firm

Hedge fund manager: $40,000 possible

On the back of Tuesday��s rally, Marc Larsy, the Moroccan-born hedge fund manager, told CNBC that the price of the No. 1 digital currency would rise as more markets open their doors to digital assets, adding that he has 1% of his personal money invested in bitcoin.

When asked for a price prediction, Larsy said bitcoin could reach somewhere between $20,000 and $40,000.

Larsy, the co-founder of Avenue Capital Group and owner of the Milwaukee Bucks of the NBA, said user adoption would fuel a rally that could see investors secure healthy returns. ��As it gets more into the mainstream and as more markets end up allowing it to trade... to me that��s more of the bet,�� Larsy told CNBC��s Squawk Box.

Futures on track for another winning day

For the most part, altcoins began Wednesday in the green. Bitcoin Cash BCHUSD, +2.21% �is the best performer, up 3.1% at $872.30, Litecoin LTCUSD, +2.18% has climbed 2.6% to $91.19 and Ripple��s XRP coin XRPUSD, +0.85% is trading at 52 cents, up 1.4%. Ether ETHUSD, -1.42% �is the only one trading in the red, down 0.6% at $496.89.

Futures are on track for another winning day. The Cboe Global Markets Inc. for July XBTN8, +0.65% is up 1.5% at $7,440 and the CME Inc. July contract BTCN8, +1.30% is trading at $7,460, up 2.2%.

CryptoWatch: Check bitcoin and other cryptocurrency prices, performance and market capitalization��all on one

Aaron Hankin

Aaron Hankin is a MarketWatch reporter in New York who covers cryptocurrency and financial markets.

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Comment Quote References BTCUSD +122.20 +1.67% BCHUSD +18.70 +2.21% LTCUSD +1.94 +2.18% XRPUSD +0.00 +0.85% ETHUSD -7.09 -1.42% XBTN8 +47.50 +0.65% BTCN8 +95.00 +1.30% Show all references MarketWatch Partner Center

Top 10 Undervalued Stocks For 2019

tags:OSK,GWRE,ATVI,CIK,FMBH,IROQ,FULT,NVRO,ARG,GDEN,

Of all the basic tenets of modern financial theory, the Efficient Market Hypothesis (EMH) is one of the most controversial and disputed theories. For the uninitiated, the EMH posits that stock prices reflect all relevant price information, which means stocks always trade at fair value.

But if EMH were always true, investors would be wasting their time searching for undervalued stocks or stocks with potential to benefit from some market trend. It would also mean that no investor could outperform the market consistently. Sure, an investor might beat the market occasionally, but never on a consistent basis.

Unfortunately, EMH fails on this point. You see, Warren Buffet has beaten the market consistently over long periods. And Buffet isn't the only investor achieving these "impossible" results. There is a long list of investors who outperform market benchmarks consistently.

So while the hypothesis may not hold water, that doesn't mean investors can't benefit from EMH in a different way. You see, if a stock's current price is based on all available known information, an investor could profit from front running future information about a company. In other words, identifying some future piece of information that isn't currently priced into the stock. And this is the most commonly used tactic that investors with long histories of beating the market employ to find value in their selections.

Top 10 Undervalued Stocks For 2019: Oshkosh Corporation(OSK)

Advisors' Opinion:

• [By Ethan Ryder]

  Osisko Mining Inc (TSE:OSK) Director John Feliks Burzynski acquired 5,000 shares of the firm’s stock in a transaction dated Monday, June 11th. The stock was purchased at an average cost of C$2.08 per share, with a total value of C$10,400.00.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Oshkosh (OSK)

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

• [By Lisa Levin] Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion. Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion. ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion. PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion. American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion. Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion. Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion. D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion. The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion. Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion. Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion. Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion. Oshkosh Corporation (NYSE: OSK) is projected to report quarter
• [By Ethan Ryder]

  Penn Capital Management Co. Inc. increased its position in shares of Oshkosh Co. (NYSE:OSK) by 23.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,497 shares of the company’s stock after buying an additional 13,533 shares during the quarter. Penn Capital Management Co. Inc. owned about 0.10% of Oshkosh worth $5,693,000 as of its most recent SEC filing.

Top 10 Undervalued Stocks For 2019: Guidewire Software, Inc.(GWRE)

Advisors' Opinion:

• [By Stephan Byrd]

  TRADEMARK VIOLATION NOTICE: “Insider Selling: Guidewire Software (GWRE) Insider Sells 209 Shares of Stock” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/3365485/insider-selling-guidewire-software-gwre-insider-sells-209-shares-of-stock.html.

• [By Garrett Baldwin]
  Starbuck's Corp.�(Nasdaq: SBUX) Executive Chair Howard Schultz announced he will depart the company. Many are speculating he will pursue a career in politics and potentially seek the Democratic nomination for president in 2020. Schultz had previously denied any speculation around a role in government; but his recent comments suggest that "public service" will be a part of his future plans. Gold prices dipped below $1,300 per ounce as markets continue to speculate on the likelihood of additional interest rate hikes in 2018. We believe this is solid buying opportunity for investors. The reason why gold is going to get a nice boost: ongoing trade tensions between the United States and the rest of the globe. Money Morning Resource Specialist�Peter Krauth provides his insight on where gold prices are heading next�and how you can make big gains in the weeks ahead. Three Stocks to Watch Today: AAPL, TWTR, SCGLF Apple Inc. (Nasdaq: AAPL) is on the verge of becoming the world's first $1 trillion company. The stock pushed above $192.60 per share in pre-market hours after its first day at the Worldwide Developers Conference. During the event, the company unveiled its new mobile operating system, called iOS 12. The firm also unveiled a suite of tools designed to combat technology addiction. Shares of Twitter Inc. (NYSE: TWTR) jumped nearly 4% on news that the social media company is about to join the S&P 500. The company will join on Thursday morning and will replace agribusiness giant Monsanto Co. (NYSE: MON). The news comes as Monsanto is in the final steps of its merger with German chemical giant Bayer AG (Nasdaq: BAYRY). Shares of Societe Generale SA (ADR) (OTCMKTS: SCGLF) are in focus after the U.S. Justice Department announced the French investment bank will pay $1.3 billion to settle two ongoing legal headaches. The company bribed Libyan officials and manipulated LIBOR, a benchmark interest rate on which most financing is based. Legg Mason Inc. (NYSE: L
• [By Max Byerly]

  Shares of Guidewire Software Inc (NYSE:GWRE) have received an average rating of “Buy” from the thirteen research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $95.00.

Top 10 Undervalued Stocks For 2019: Activision Blizzard, Inc(ATVI)

Advisors' Opinion:

• [By Danny Vena]

  One of the standout performers in the industry has been Activision Blizzard (NASDAQ:ATVI). The publisher best known for its Call of Duty, World of Warcraft, and Candy Crush franchises has gained 35% over the past year, more than doubling the returns of the S&P 500. The difference is even starker over the past three years, with Activision soaring over 200%, compared to the broader market's gain of 33%.

• [By Motley Fool Staff]

  Activision Blizzard (NASDAQ:ATVI), Electronic Arts (NASDAQ:EA), and Take Two Interactive (NASDAQ:TTWO) have each launched professional esports leagues this year, while advertising and sponsorships are expected to make up three-quarters of the industry's nearly $1 billion of revenue. And the recent announcement that Nielsen Holdings (NYSE:NLSN) will apply its TV rating expertise to Activision's esport events could be the catalyst that unleashes a floodgate of media buying.

• [By Travis Hoium]

  Activision Blizzard Inc. (NASDAQ:ATVI) has long been the hottest name in video games. The company makes the most popular console game in the world,�Call of Duty, as well as PC-based games like World of Warcraft and mobile giant Candy Crush.�

• [By John Ballard]

  If you compare Activision Blizzard's (NASDAQ:ATVI) balance sheet with its peers', one thing might jump out at you -- the Overwatch maker is saddled with a lot of debt. Electronic Arts (NASDAQ:EA) and Take-Two Interactive (NASDAQ:TTWO) have higher net cash balances even though Activision generates more revenue and free cash flow than they do, and has been doing so for years and years.

Top 10 Undervalued Stocks For 2019: Credit Suisse Asset Management Income Fund, Inc.(CIK)

Advisors' Opinion:

• [By Shane Hupp]

  Credit Suisse AM Inc Fund Inc. (NYSEAMERICAN:CIK) announced a monthly dividend on Wednesday, June 27th, Wall Street Journal reports. Investors of record on Wednesday, July 11th will be given a dividend of 0.0225 per share on Tuesday, July 17th. This represents a $0.27 annualized dividend and a yield of 8.57%. The ex-dividend date of this dividend is Tuesday, July 10th. This is an increase from Credit Suisse AM Inc Fund’s previous monthly dividend of $0.02.

Top 10 Undervalued Stocks For 2019: First Mid-Illinois Bancshares, Inc.(FMBH)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on First Mid-Illinois Bancshares, Inc. Common Stock (FMBH)

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

• [By Joseph Griffin]

  First Mid-Illinois Bancshares, Inc. Common Stock (NASDAQ:FMBH) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “First Mid-Illinois Bancshares, Inc. is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.A. It operates in three lines of business: community banking and wealth management through First Mid Bank, and insurance brokerage through First Mid Insurance Group. The company’s deposit products include demand, savings, money market, and time deposits, as well as NOW accounts. Its loan portfolio primarily comprise commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans. The company also offers estate planning, investment, and farm management services; and employee benefit services. In addition, it provides commercial lines insurance to businesses; and homeowner, automobile, and other types of personal lines insurance to individuals. First Mid-Illinois Bancshares, Inc is headquartered in Mattoon, Illinois. “

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on First Mid-Illinois Bancshares, Inc. Common Stock (FMBH)

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

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on First Mid-Illinois Bancshares (FMBH)

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

Top 10 Undervalued Stocks For 2019: IF Bancorp, Inc.(IROQ)

Advisors' Opinion:

• [By Stephan Byrd]

  Press coverage about IF Bancorp (NASDAQ:IROQ) has trended somewhat negative on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. IF Bancorp earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news headlines about the savings and loans company an impact score of 46.0647914274093 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

• [By Stephan Byrd]

  Media headlines about IF Bancorp (NASDAQ:IROQ) have trended somewhat negative this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. 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. IF Bancorp earned a daily sentiment score of -0.01 on Accern’s scale. Accern also gave news articles about the savings and loans company an impact score of 44.9246663755848 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

• [By Max Byerly]

  News stories about IF Bancorp (NASDAQ:IROQ) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. IF Bancorp earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the savings and loans company an impact score of 47.5310825195986 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Top 10 Undervalued Stocks For 2019: Fulton Financial Corporation(FULT)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Fulton Financial (FULT)

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

• [By Max Byerly]

  Boenning Scattergood reaffirmed their hold rating on shares of Fulton Financial (NASDAQ:FULT) in a research note published on Friday.

  FULT has been the subject of several other reports. Zacks Investment Research upgraded Fulton Financial from a sell rating to a hold rating in a report on Thursday, April 5th. BidaskClub downgraded Fulton Financial from a buy rating to a hold rating in a report on Wednesday, April 4th. Hovde Group reiterated a hold rating and issued a $18.00 price objective on shares of Fulton Financial in a report on Monday, April 23rd. DA Davidson initiated coverage on Fulton Financial in a research note on Monday, March 26th. They set a neutral rating and a $18.00 price target for the company. Finally, Barclays cut their price target on Fulton Financial from $19.00 to $18.00 and set an underweight rating for the company in a research note on Thursday, April 19th. Two analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Fulton Financial presently has a consensus rating of Hold and a consensus price target of $18.29.

• [By Joseph Griffin]

  Hsbc Holdings PLC lessened its stake in Fulton Financial Corp (NASDAQ:FULT) by 88.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,236 shares of the bank’s stock after selling 213,318 shares during the quarter. Hsbc Holdings PLC’s holdings in Fulton Financial were worth $502,000 at the end of the most recent quarter.

Top 10 Undervalued Stocks For 2019: Nevro Corp.(NVRO)

Advisors' Opinion:

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Nevro Corp. (NASDAQ: NVRO) fell 11.6 percent to $81.58 in pre-market trading after reporting wider-than-expected Q1 loss. Hertz Global Holdings, Inc. (NYSE: HTZ) shares fell 8.3 percent to $20.33 in pre-market trading after the company reported a wider-than-expected loss for its first quarter. Zillow Group, Inc. (NASDAQ: Z) fell 7.5 percent to $51.74 in pre-market trading. Zillow reported upbeat earnings for its first quarter, but issued weak sales guidance for the second quarter. Sanchez Energy Corporation (NYSE: SN) fell 7.2 percent to $3.11 in pre-market trading after reporting wider-than-expected Q1 loss. Atossa Genetics Inc. (NASDAQ: ATOS) shares fell 5.5 percent to $4.14 in pre-market trading after rising 11.17 percent on Monday. Albemarle Corporation (NYSE: ALB) fell 5.1 percent to $95.00 in pre-market trading. Albemarle declared a quarterly dividend of $0.335 per share. Tata Motors Limited (NYSE: TTM) fell 4.8 percent to $23.80 in pre-market trading. Ormat Technologies, Inc. (NYSE: ORA) fell 4.5 percent to $57.14 in pre-market trading after reporting Q1 results. Kitov Pharma Ltd (NASDAQ: KTOV) shares fell 4.3 percent to $2.25 in pre-market trading after gaining 1.73 percent on Monday. 51job, Inc. (NASDAQ: JOBS) shares fell 4.2 percent to $93 in pre-market trading after rising 3.55 percent on Monday
• [By Ethan Ryder]

  Nevro (NYSE:NVRO) had its price objective cut by Canaccord Genuity from $110.00 to $102.00 in a note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the medical equipment provider’s stock. Canaccord Genuity’s price target indicates a potential upside of 34.87% from the stock’s current price.

• [By Paul Ausick]

  Nevro Corp. (NYSE: NVRO) traded down about 19% Friday and posted a new 52-week low of $54.87 after closing Thursday at $68.04. The stock’s 52-week high is $94.34. Volume totaled around 5.7 million, close to 15 times the daily average. The company had no specific news.

Top 10 Undervalued Stocks For 2019: Airgas Inc.(ARG)

Advisors' Opinion:

• [By Stephan Byrd]

  Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.

Top 10 Undervalued Stocks For 2019: Golden Entertainment, Inc.(GDEN)

Advisors' Opinion:

• [By Max Byerly]

  Press coverage about Golden Entertainment (NASDAQ:GDEN) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Golden Entertainment earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.4533629478547 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

• [By Shane Hupp]

  News coverage about Golden Entertainment (NASDAQ:GDEN) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Golden Entertainment earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.5212527362401 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Top 10 Small Cap Stocks To Buy For 2019

tags:FCEL,CNR,ACHN,PQ,

Small cap teen retailer Abercrombie & Fitch Co (NYSE: ANF) reported�Q1 2017 earnings before the market opened this morning with sales beating expectations, but there was also a wider loss at the bottom line. Q1 net sales were down 4% to $661.1 million with comparable sales for the first quarter down 3%:

Fiscal 2017 Comparable Sales Summary (1) Brand � Geography � � � � First Quarter � � � First Quarter Hollister(2) � 3% � United States � (3)% Abercrombie(3) � (10)% � International � (2)% Total Company � (3)% � Total Company � (3)%

(1) Comparable sales are calculated on a constant currency basis.
(2) Hollister includes the Hollister and Gilly Hicks brands.
(3) Abercrombie includes the Abercrombie & Fitch and abercrombie kids brands.�

Top 10 Small Cap Stocks To Buy For 2019: FuelCell Energy Inc.(FCEL)

Advisors' Opinion:

• [By Paul Ausick]

  FuelCell Energy Inc. (NASDAQ: FCEL) posted an increase of 8% in short interest during the two-week period. Some 7.45 million shares were short as of May 31. The stock’s price was $1.76 at Monday’s market close, a spike of about 1.1% for the day, within a 52-week range of $1.08 to $2.49. Shares traded up about 2.5% in the two-week short interest period, and the number of days to cover rose from 14 to 17.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on FuelCell Energy (FCEL)

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

• [By Peter Graham]

  Small cap fuel cell stock�FuelCell Energy Inc (NASDAQ: FCEL) reported Q4 and fiscal year ended October 31, 2017 earnings�with�Q4 total revenues�being $47.9 million versus $24.5 million:����

Top 10 Small Cap Stocks To Buy For 2019: China Metro-Rural Holdings Limited(CNR)

Advisors' Opinion:

• [By Ethan Ryder]

  State of Tennessee Treasury Department lessened its stake in shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 842,775 shares of the transportation company’s stock after selling 13,507 shares during the quarter. State of Tennessee Treasury Department owned about 0.11% of Canadian National Railway worth $61,565,000 as of its most recent filing with the SEC.

• [By Max Byerly]

  Canadian National Railway (NYSE:CNI) (TSE:CNR) – Cormark raised their Q3 2018 earnings per share (EPS) estimates for Canadian National Railway in a research report issued to clients and investors on Tuesday, April 10th. Cormark analyst D. Tyerman now expects that the transportation company will post earnings per share of $1.15 for the quarter, up from their previous estimate of $1.14.

• [By Stephan Byrd]

  Brokerages expect Canadian National Railway (NYSE:CNI) (TSE:CNR) to announce earnings of $1.03 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Canadian National Railway’s earnings, with the highest EPS estimate coming in at $1.10 and the lowest estimate coming in at $0.97. Canadian National Railway reported earnings of $1.00 per share in the same quarter last year, which would indicate a positive year over year growth rate of 3%. The business is scheduled to issue its next quarterly earnings report on Tuesday, July 24th.

• [By Shane Hupp]

  Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp cut its position in Canadian National Railway (NYSE:CNI) (TSE:CNR) by 21.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,956,400 shares of the transportation company’s stock after selling 522,300 shares during the period. Canadian National Railway accounts for about 1.7% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 7th biggest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned 0.27% of Canadian National Railway worth $184,215,000 at the end of the most recent reporting period.

• [By Shane Hupp]

  Wall Street analysts expect that Canadian National Railway (NYSE:CNI) (TSE:CNR) will announce $1.02 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Canadian National Railway’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.97. Canadian National Railway reported earnings per share of $1.00 in the same quarter last year, which would suggest a positive year over year growth rate of 2%. The company is expected to announce its next quarterly earnings results on Tuesday, July 24th.

• [By Joseph Griffin]

  Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been given an average recommendation of “Buy” by the eleven research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$109.36.

Top 10 Small Cap Stocks To Buy For 2019: Achillion Pharmaceuticals Inc.(ACHN)

Advisors' Opinion:

• [By Ethan Ryder]

  Achillion Pharmaceuticals (NASDAQ:ACHN) – Research analysts at B. Riley reduced their FY2018 EPS estimates for shares of Achillion Pharmaceuticals in a research note issued to investors on Wednesday, May 2nd. B. Riley analyst M. Kumar now anticipates that the biopharmaceutical company will earn ($0.58) per share for the year, down from their previous estimate of ($0.55). B. Riley has a “Neutral” rating and a $3.50 price objective on the stock. B. Riley also issued estimates for Achillion Pharmaceuticals’ FY2019 earnings at ($0.64) EPS, FY2020 earnings at ($0.71) EPS, FY2021 earnings at ($0.70) EPS and FY2022 earnings at ($0.84) EPS.

• [By Stephan Byrd]

  Achillion Pharmaceuticals (NASDAQ:ACHN) has been given an average recommendation of “Hold” by the nine brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $5.20.

• [By Keith Speights]

  Skeptics might deride a comparison of Inovio Pharmaceuticals, Inc. (NASDAQ:INO) and Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) as an exercise in finding the biggest loser. Both companies continue to post huge net losses every quarter, and their stocks are down by at least 30% over the last 12 months.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Achillion Pharmaceuticals (ACHN)

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

• [By Lisa Levin] Gainers Avenue Therapeutics, Inc. (NASDAQ: ATXI) rose 29.4 percent to $5.50 in pre-market trading after the company disclosed that its first pivotal Phase 3 trial of IV tramadol achieved the primary and key secondary endpoints. MB Financial, Inc. (NASDAQ: MBFI) rose 16.8 percent to $51.00 in pre-market trading. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock. LiveXLive Media, Inc. (NASDAQ: LIVX) rose 9.3 percent to $5.40 in pre-market trading after falling 28.92 percent on Friday. Celyad SA (NASDAQ: CYAD) shares rose 9 percent to $29.30 in pre-market trading after climbing 3.26 percent on Friday. Ethan Allen Interiors Inc. (NYSE: ETH) rose 6.7 percent to $26.40 in pre-market trading after gaining 1.64 percent on Friday. Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) rose 5.4 percent to $3.90 in pre-market trading after gaining 3.06 percent on Friday. Acacia Communications, Inc. (NASDAQ: ACIA) rose 5.2 percent to $34.70 in pre-market trading after gaining 1.38 percent on Friday. Westinghouse Air Brake Technologies Corporation (NYSE: WAB) rose 5.1 percent to $100 in pre-market trading. General Electric Company (NYSE: GE) agreed to merge its transportation unit with Wabtec. Sunrun Inc. (NASDAQ: RUN) shares rose 4.7 percent to $11.50 in pre-market trading. Nasdaq, Inc. (NASDAQ: NDAQ) shares rose 4.3 percent to $93.98 in the pre-market trading session. LaSalle Hotel Properties (NYSE: LHO) shares rose 4.2 percent to $33.25 in pre-market trading. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported. Monro, Inc. (NASDAQ: MNRO) shares rose 4 percent to $58.35 in pre-market trading as the company posted upbeat quarterly earnings and disclosed that it has acquired Free Service Tire. HUYA Inc. (NYSE: HUYA) rose 3.7 percent to $19.75 in pre-market trading after falling 4.80 percent on Friday.

  Find out what's going

• [By Shane Hupp]

  News articles about Achillion Pharmaceuticals (NASDAQ:ACHN) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Achillion Pharmaceuticals earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the biopharmaceutical company an impact score of 46.941587509483 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Top 10 Small Cap Stocks To Buy For 2019: Petroquest Energy Inc(PQ)

Advisors' Opinion:

• [By Ethan Ryder]

  News headlines about Petroquest Energy (NYSE:PQ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Petroquest Energy earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.638327846877 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Evaluating Spotify (SPOT) Stock At New High

Shares of Spotify (SPOT ) surged again on Thursday to hit yet another brand new high. With that said, let’s take a look at what has investors so excited and see if the music streaming giant’s stock might be worth buying at the moment.

Recent News

Instinet analyst Mark Kelley initiated coverage of Spotify on Wednesday, slapping a “Buy” rating and a $210 price target on SPOT. This marked a roughly 15% upside to Wednesday's closing price. Directly before Instinet gave Spotify its inaugural rating, Oppenheimer analyst Jason Helfstein initiated coverage with a “Perform” rating. “We question whether scale begets market leadership in music streaming, as it does in many other internet-enabled industries," Helfstein wrote in a note to clients.

The Oppenheimer analyst contested that Spotify’s ability to drive engagement using its machine-learning algorithms are "overestimated, and will diminish over time." More importantly, Helfstein shared his concern that Spotify won’t be able to improve its gross margins much, even if it is able to renegotiate better deals with the record labels the Swedish company is beholden to at the moment. And therein lies the big question for investors and Spotify.

Fundamentals

Spotify has tried to work directly with up-and-coming artists in a more record label-type capacity in a move similar to Netflix (NFLX ) producing its own original movie and TV content. This drew backlash from the likes of Universal, Sony, and Warner.

The record labels do need Spotify because the company helped revitalize the paid music industry and it is currently far and away the most dominant player in the streaming music world, currently boasting 170 million monthly active users. However, the question is which side is more dependent on the other.

The company last reported 99 million ad-supported users along with 75 million paid customers, with premium customers making up over 90% of its Q1 revenues. Furthermore, the company’s premium users climbed 45% from the year-ago period, outpacing the free version’s growth of 21%—Spotify premium costs $9.99 a month. 

Spotify crushes Pandora (P ) and its 5.63 million premium subscribers, but three of the biggest and most powerful companies in the world are breathing down Spotify’s neck.

Reports surfaced late last week that said Apple (AAPL ) Music has roughly 21.5 million subscribers in the U.S., which came in just behind Spotify’s 22.5 million. Last year Apple boasted just 13 million U.S. subscribers compared to Spotify’s 17 million.  

Apple’s premium streaming music services last reported only 38 million total subscribers—though it noted the service has 50 million users including people on a free trial. Yet, the same report suggested that Apple is expected to match Spotify’s U.S. subscriber base by next month, which is pretty insane considering that Apple Music launched in June 2015, while Daniel Ek founded Spotify in Stockholm all the way back in 2006.

Apple Music comes at almost the exact same price point as Spotify, but Apple simply has more money to spend, considering it pulled in quarterly revenues of $61.1 billion, compared to Spotify’s $1.37 billion. Meanwhile, Amazon’s (AMZN ) Music Unlimited and Google's (GOOGL ) new YouTube Music both compete directly against Spotify.

Performance & Outlook

Shares of SPOT have surged roughly 9% over the last month, before Thursday’s climb, which crushes the S&P 500’s stagnation. Investors will also see that Spotify stock has performed rather well over the last three months.

 

To help diversify its business, Spotify recently appointed Dawn Ostroff as its new Chief Content Officer. With a background in TV and video content, she is expected to help the company diversify its video offerings, which are relatively slim at this point. On top of that, Spotify can only hope to keep adding more and more users in order to negotiate lower royalty fees.

Spotify is projected to see its full-year revenues reach $6.17 billion based on our current Zacks Consensus Estimates, which would mark a roughly 33.5% surge. Yet, like many other young tech companies, Spotify looks set to remain unprofitable, with a full-year adjusted loss of $2.42 per share projected.

Bottom Line

The company has experienced mixed earnings estimate revision activity recently, earning two negative revisions for the full-year and two positive revisions for the following fiscal year, all within the last 60 days. This has helped contribute to Spotify’s Zacks Rank #3 (Hold).

The company does currently sport “B” grades for both Growth and Momentum in our Style Scores system, but its stock price sits right near its all-time high. Therefore, it seems like Spotify stock might be worth keeping an eye on in order to evaluate its margins and see if its tech giant competitors steal some of its market share.  

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Can Chipotle (CMG) and Its Fast Casual Peers Revive a Dying Trend?

It was only a couple of years ago that fast casual dining was the biggest trend in the restaurant industry. The dramatic shift to fast casual restaurants was mainly pushed by an increased interest, especially from millennials, in healthier food options that don’t break the bank.

This style of dining, which is a mix between traditional fast food restaurants and fine dining, saw its sales grow at a high rate of 10 to 11 percent annually from 2011 to 2016, according to research provider Euromonitor International. 

Riding off the highs of being at the center of the restaurant industry, a great amount of fast casual restaurants went public or saw share prices soar between 2013 and 2015, including Shake Shack (SHAK ) , Chipotle (CMG ) , Habit Restaurants (HABT ) , Potbelly (PBPB ) , Noodles & Company (NDLS ) , Zoe’s Kitchen , El Pollo Loco (LOCO ) , and Panera Bread.

At the forefront of this trend was Mexican chain Chipotle, the perfect answer to the younger generation’s desire for higher-quality ingredients with the same convenience of fast food. At its peak the company’s stock was at $758.61 per share on Aug 5, 2015 and looked to be destined to take over the entire restaurant industry—until disaster struck.

An E.coli outbreak in 2015 caused shares of the company to drastically fall and struggle to recover, with the stock closing 2017 at just $289.03.

Recent performance hasn’t looked that good for other fast casual restaurants either, as other main leaders, such as Noodles & Company, have struggled as well.  The restaurant which specializes in pastas, salads, and soups priced its IPO at $18 per share and ended that day at $36.75. Now, the company trades at only around $11, a 70% drop from its first day’s closing price. In 2017, the company reported a net loss of $37.5 million.

Drivers of the Downfall

Although food-borne illnesses were a major reason for Chipotle’s fall, there were other underlying factors that led to the steady demise of the company and the fast casual industry as a whole. Primarily, the fast food industry, once proclaimed dead by experts, has been able to fight back and again begin to take over the restaurant industry.

Typical fast food giants like McDonald’s (MCD ) have been able to respond to by providing new premium  and higher quality menu options, while still serving meals at a slightly lower cost than fast casual restaurants typically do.

The move by fast food restaurants to cater to new dining trends has made fast casual establishments lose much of their cultural significance, which is what drove most of their success initially. Fast food giants have also further countered and improved their relevance with younger generations through social media marketing.

An example is another classic fast food staple, Wendy’s (WEN ) , and the company’s frequent and popular use of Twitter responses to generate publicity.

How Fast Casual Can Rebound

The restaurants that were once all the hype can’t afford to simply depend on better ingredients anymore. New strategies need to be implemented that differentiate this style of dining from their fast food counterparts. The leader of the fast casual revolution, Chipotle, has already made steps towards that goal.

Newly appointed CEO Brian Niccol, who was previously the CEO of rival Taco Bell, recently stated goals of becoming not just a food brand but a “purpose-driven lifestyle brand”. In addition, Niccol aims to slowly start rolling in new menu options, increased mobile ordering, and a stronger social media presence.

The new CEO understands that the company can’t be stagnant in a market that is full of innovation.  All of the changes are meant to bring Chipotle back to center of attention for consumers, just as it was about three years ago.

Bottom Line

As the battle for the restaurant industry continues, investors should continue to wait to see what moves the leaders in the fast casual trend decide to make. This helps explain some of why Chipotle and Noodles & Company are both currently a Zacks Rank #3 (Hold).

There is clearly potential, as the Chipotle stock has risen more than 40% since Niccol took over on March 5. Its Q2 earnings report, which will be released on July 26, will be a vital indicator as to where the stock will go in the future and if Niccol’s strategic initiatives are truly paying off. 

Based on our Zacks Consensus Estimates, the company’s Q2 earnings are expected to move to $2.78 per share, a 19.8% surge from the year-ago period.

Make sure to check back here for more on Chipotle’s earnings outlook and the rest of the fast casual industry!

 More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

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Veon Stock Upgraded: What You Need to Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Veon Ltd. (NASDAQ:VEON) has always been a strange kind of a stock.

Born as a holding company for the Russian mobile phone service Beeline, Veon was originally named VimpelCom�-- presumably in order to make it sound more Western, and therefore more reliable, to Russian consumers enduring the hurly burly Yeltsin era of Russian business. Eventually, Veon moved its headquarters to Amsterdam and changed its name to one even less Russian. Still, the company retains its Russian roots -- and revenue stream. Nearly 50% of Veon's revenue still comes from Russia today, although that's much less than in years past.

At the same time, Veon now gets a bare majority of its revenue from outside of Russia, operating subsidiaries in locales as widely scattered as Ukraine, Uzbekistan, Algeria, Bangladesh, and Pakistan. It's trying hard to make its organization more streamlined and attractive to investors, however -- and it's succeeding.

Image source: Getty Images.

Upgrading Veon stock

Earlier this week, Veon announced plans�to sell its stake in Italian mobile network Wind Tre for approximately $2.9 billion, then spend a fraction of that money to acquire the Pakistan and Bangladesh assets of international telecommunications company Global Telecom Holdings S.A.E (GTH). This news sent Veon stock up as much as 25% in a day. It also won the stock an upgrade from JPMorgan�-- and today, a second upgrade from Goldman Sachs.

Both analysts like the company's decision to exit the Italian communications market. JPMorgan called the $2.9 billion that Veon got for its Wind Tre stake a "very attractive" price. Goldman Sachs said that in combination with Veon's doubling down on its investments in Pakistan and Bangladesh, the move "highlights management's willingness to create shareholder value through portfolio simplification," and predicted this simplification will "drive significant value creation."

In fact, even with Veon stock up 27% now from its pre-announcement price, Goldman Sachs thinks there are more gains in store for investors, as it explains in a note covered by�StreetInsider.com (subscription required). Upgrading Veon stock to buy today, the analyst predicts Veon shares could rise by nearly one-third more, and hit $4 a share within a year. (JP's price target, too, is now $4 a share.)

Given the astounding gains Veon stock has enjoyed over the past few days, it appears many investors agree. But are they right?

Details, details

Let's look at the details of what Veon is up to and see if we can find out.

Announcing its Wind Tre sale on Tuesday, Veon noted that it intends to spend only $400 million of the money it makes from selling its Wind Tre stake to acquire its new GTH assets, leaving Veon perhaps as much as $2.5 billion with which to "reduce debt."

Reducing debt is certainly an admirable goal. Although Veon has a market capitalization of only $5.3 billion, the company carries $8.5 billion in net debt on its balance sheet (according to data from S&P Global Market Intelligence). Thus, its enterprise value is a whopping $13.8 billion -- 160% bigger than its market cap might lead an investor to expect. $2.5 billion in extra cash could make a sizable dent in that debt load, but here's the thing:

It won't.

Read even deeper into Veon's sale-and-purchase announcement, and what you'll find is that acquiring the GTH assets in question will actually cost Veon closer to $2.6 billion in total, because Veon will also be "discharging and taking on debt, including bonds, of the GTH group in an amount of approximately�USD 1,600 million." It will also be obligated to pay "deferred consideration" in an amount that appears equal to approximately $550 million.

Sum it all up, and roughly 88% of the $2.9 billion that Veon expects to reap from selling its Wind Tre stake it will turn around and spend, in one form or another, on acquiring GTH assets. The debt-paydown aspects of this story, therefore, look to be minimal at best.

What it means for investors

So where does this leave Veon investors? Well, out of Italy and more deeply invested in Pakistan and Bangladesh to be sure. But when all's said and done, I honestly think it puts them pretty much right back where they started, valuation-wise.

After the sale and after the purchase, Veon should still end up with an enterprise value of $13.5 billion, give or take -- slightly less indebted than it is today, but not significantly so. It remains to be seen whether Veon will earn greater profits from a greater investment in the emerging markets of Pakistan and Bangladesh than it would have earned from its investments in the more developed Italian market.

Hopefully, it at least won't do worse. Veon has lost money in four of the past five years. But still, unless and until we see Veon parlay its geographical repositioning into better profits on its income statement, I honestly don't see a whole lot to get excited about here.

BidaskClub Downgrades II-VI (IIVI) to Sell

II-VI (NASDAQ:IIVI) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Other equities research analysts have also recently issued reports about the stock. Benchmark restated a “buy” rating and issued a $52.00 price target on shares of II-VI in a report on Tuesday, March 27th. B. Riley upgraded shares of II-VI from a “neutral” rating to a “buy” rating and raised their price target for the stock from $40.50 to $55.00 in a report on Tuesday, March 20th. Zacks Investment Research upgraded shares of II-VI from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Tuesday, March 20th. Deutsche Bank started coverage on shares of II-VI in a report on Monday, March 19th. They issued a “buy” rating and a $56.00 price target for the company. Finally, DA Davidson started coverage on shares of II-VI in a report on Thursday, March 15th. They issued a “buy” rating and a $55.00 price target for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. II-VI currently has a consensus rating of “Buy” and a consensus target price of $51.67.

Get II-VI alerts:

NASDAQ:IIVI opened at $42.10 on Friday. The company has a quick ratio of 2.45, a current ratio of 3.68 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of 28.45, a P/E/G ratio of 1.37 and a beta of 0.14. II-VI has a 12 month low of $34.05 and a 12 month high of $53.08.

II-VI (NASDAQ:IIVI) last posted its quarterly earnings results on Tuesday, May 1st. The scientific and technical instruments company reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. The business had revenue of $294.70 million during the quarter, compared to analysts’ expectations of $277.74 million. II-VI had a net margin of 8.41% and a return on equity of 10.75%. The business’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period last year, the company posted $0.35 earnings per share. research analysts anticipate that II-VI will post 1.48 EPS for the current year.

In other II-VI news, VP David G. Wagner sold 6,579 shares of the firm’s stock in a transaction on Thursday, May 31st. The shares were sold at an average price of $44.09, for a total value of $290,068.11. Following the transaction, the vice president now directly owns 53,248 shares of the company’s stock, valued at $2,347,704.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Stone Ridge Asset Management LLC bought a new position in shares of II-VI in the fourth quarter valued at $210,000. Suntrust Banks Inc. bought a new position in shares of II-VI in the fourth quarter valued at $212,000. Affinity Investment Advisors LLC lifted its stake in shares of II-VI by 23.4% in the first quarter. Affinity Investment Advisors LLC now owns 7,926 shares of the scientific and technical instruments company’s stock valued at $324,000 after buying an additional 1,504 shares in the last quarter. Granite Springs Asset Management LLC bought a new position in shares of II-VI in the fourth quarter valued at $446,000. Finally, First Commonwealth Financial Corp PA bought a new position in shares of II-VI in the fourth quarter valued at $498,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

II-VI Company Profile

II-VI Incorporated provides engineered materials and optoelectronic components worldwide. The company is a vertically integrated manufacturing company that develops innovative products for various applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets.

The 5 Best Restaurant Stocks of 2018 (So Far)

This year hasn't been great for the broader restaurant industry. Leading companies, including Starbucks�and McDonald's, have been struggling with negative customer traffic trends as more diners opt to stay closer to home, or to have their food delivered.

A few restaurant chains have managed to buck that downtrend, though, and their business success has contributed to market-beating stock-price gains for shareholders.

Below, we'll take a closer look at a few of these outperforming chains.

Image source: Getty Images.

Domino's Pizza: Up 48%

Investors had been worried that Domino's�(NYSE:DPZ) impressive growth streak was coming to an end, but the pizza chain put those fears to rest in its fiscal first-quarter earnings report. That announcement revealed that sales gains sped up to an 8% pace from 4% in the prior quarter thanks to market share gains in both the U.S. and international segments. Domino's franchised business model, meanwhile, continued to show off its strength as operating margin jumped to 38% of sales from 31%. The company is hoping to continue expanding sales at existing locations at a healthy clip, but its long-term growth plans�center on building out its store base to an even deeper penetration in the U.S. and in other countries around the world. ��

Fiesta Restaurant Group: Up 53%

Fiesta Restaurant Group�(NASDAQ:FRGI), home of the Pollo Tropical and Taco Cabana fast-casual chains, is back in Wall Street's good graces after a tough 2017 that was marked by falling sales at existing locations and an overall net loss. Its rebound plan, which includes cost cuts, menu improvements, and increased marketing investments, appears to be working. Sales returned to modest growth in the Pollo Tropical segment and are looking better at Taco Cabana. Those gains represent just the first small step in bringing the business back toward the nearly 10% operating margin shareholders saw in 2015, up from roughly 3% today.�

Chipotle Mexican Grill: Up 55%

Former highflier Chipotle�(NYSE:CMG) has had an impressive rally this year. Investors are happy to see both sales and profits headed in the right direction after a brutal multiyear stretch of declines that was brought on by food safety issues in 2015. In the fiscal first quarter, revenue rose 2.2% as higher menu prices offset slight traffic declines. Profit margin jumped to 20% of sales from 18% a year ago. Investors betting on the stock today have to hope that new CEO Brian Niccol can extend those modestly positive results through a risky turnaround plan that includes new menu items and a revamped loyalty program.

BJ's Restaurants: Up 69%

California-based brewhouse chain BJ's Restaurants�(NASDAQ:BJRI) has had a good year so far. Comparable-store sales rose 4.2% in the first quarter, and while most of those gains came from higher menu prices, the restaurant was also aided by modestly higher customer traffic. BJ's has seen many of its newest menu initiatives, including slow-roast prime rib, hit a chord with in-store diners even as its delivery sales spike. CEO Greg Trojan and his team are hoping to press both of those advantages over the coming quarters, but investors are even more optimistic about the company's balanced approach to store launches. It plans to open six restaurants this fiscal year, down from 10 in 2017, and surpass 200 locations across just over 26 U.S. states.

Noodles & Co.: Up 131%

It might seem odd that the industry's biggest winner so far this year isn't growing. In fact, Noodles & Co. (NASDAQ:NDLS) recently posted a quarterly net loss while revenue decreased 5%. But that result still shot past investors' expectations by showing surprising progress in the casual-dining chain's recovery efforts. Noodles & Co. has lots of work ahead of it before it can snap out of its four-year stretch of annual net losses. Yet, with shares having fallen by over 80% since 2013, even modestly good news proved to be enough to spark at least a short-term rally in the stock.

Picking favorites

The above list offers investment opportunities that include powerful, established franchises in addition to struggling rebound candidates. If you prefer the first category, you might want to take a closer look at industry leader Domino's. As for those riskier turnaround options, Chipotle offers an attractive mix of brand power and modest growth expectations that could lay the foundation for solid long-term returns from here.