September 14, 2018: The S&P 500 closed flat at 2,905.04. The DJIA also closed flat at 26,154.40. Separately, the Nasdaq was flat at 8,010.04.
Friday was a flat day for the broad U.S. markets. Crude oil made a small recovery back towards $70. The S&P 500 sectors were mostly negative. The most positive sectors were financials and energy up 0.7% and 0.6%. The worst performing sectors were real estate and utilities down 1.0%, and 0.5%, respectively.
Crude oil was last seen trading up 0.6% at $68.97.
Gold was last seen trading down 0.8% at $1,199.00.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was NiSource Inc. (NYSE: NI) which fell nearly 12% to $24.80. The stock's 52-week range is $22.44 to $28.11. Volume was about 33 million compared to the daily average volume of 2.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Owens-Illinois, Inc. (NYSE: OI) which traded up about 10% at $19.49. The stock's 52-week range is $16.22 to $25.90. Volume was nearly 3 million compared to the daily average volume of 1.3 million.
Best Performing Stocks For 2019: First Internet Bancorp(INBK)
Advisors' Opinion:- [By Rich Smith]
The year was 1999 and "internet" stocks were all the rage. On opposite sides of the country, two banks -- BofI Holding (NASDAQ:BOFI) and First Internet Bancorp (NASDAQ:INBK) -- were both betting on a business model of asset-light internet banking. Nearly two decades later, one of these banks has grown into a $2.6 billion force to be contended with, while the other lags behind with a market cap of less than $350 million.
- [By Max Byerly]
Penn Capital Management Co. Inc. lowered its stake in First Internet Bancorp (NASDAQ:INBK) by 22.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,312 shares of the bank’s stock after selling 24,888 shares during the period. Penn Capital Management Co. Inc.’s holdings in First Internet Bancorp were worth $3,231,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Craig Hallum began coverage on shares of First Internet Bancorp (NASDAQ:INBK). They issued a buy rating and a $50.00 target price on the stock.
Intuit (NASDAQ:INTU) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $213.00 price target on the stock. According to Zacks, “We are optimistic on Intuit’s growing SMB exposure and believe that its strategic acquisitions will fortify this segment. Due to the continuously emerging new technologies and current market trends, cloud-based business and financial software solutions have been gaining momentum. As Intuit is already a market leader in this segment, the increased adoption helped it gain new customers, in turn, boosting the overall performance. Estimates have been stable for Intuit of late. Moreover, the company’s strategy of shifting its business to cloud-based subscription model will help generate more stable revenues over the long run. Intuit’s shares have outperformed the industry in a year’s time.”
Best Performing Stocks For 2019: Era Group, Inc.(ERA)
Advisors' Opinion:- [By Motley Fool Transcribers]
Era Group Inc (NYSE:ERA)Q4 2018 Earnings Conference CallMarch 08, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
ERA (CURRENCY:ERA) traded up 1.2% against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on May 8th. During the last week, ERA has traded 4.3% lower against the U.S. dollar. ERA has a total market cap of $0.00 and $1,610.00 worth of ERA was traded on exchanges in the last day. One ERA coin can currently be bought for approximately $0.0549 or 0.00000600 BTC on cryptocurrency exchanges including CoinExchange and Cryptohub.
- [By Logan Wallace]
Era Group (NYSE:ERA) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Saturday.
- [By Logan Wallace]
ERA (CURRENCY:ERA) traded down 12.1% against the US dollar during the 1 day period ending at 22:00 PM ET on June 30th. One ERA coin can currently be purchased for about $0.0073 or 0.00000115 BTC on popular exchanges including CoinExchange and Cryptohub. Over the last week, ERA has traded 1.6% lower against the US dollar. ERA has a market capitalization of $0.00 and approximately $299.00 worth of ERA was traded on exchanges in the last day.
Best Performing Stocks For 2019: Winnebago Industries Inc.(WGO)
Advisors' Opinion:- [By Logan Wallace]
Winnebago Industries, Inc. (NYSE:WGO) – Investment analysts at SunTrust Banks dropped their Q4 2018 earnings estimates for Winnebago Industries in a report released on Thursday, June 21st. SunTrust Banks analyst M. Swartz now expects that the construction company will post earnings per share of $0.98 for the quarter, down from their previous forecast of $1.00. SunTrust Banks currently has a “Buy” rating on the stock. SunTrust Banks also issued estimates for Winnebago Industries’ Q1 2019 earnings at $0.75 EPS, Q2 2019 earnings at $0.86 EPS, Q3 2019 earnings at $1.29 EPS and Q4 2019 earnings at $1.16 EPS.
- [By Jason Hall, John Bromels, and Daniel Miller]
To help you find the best values -- not just cheap stocks -- three Motley Fool investors did some legwork and uncovered three stocks that have some surprisingly attractive value properties: Starbucks Corporation (NASDAQ:SBUX), Apache Corporation (NYSE:APA), and Winnebago Industries Inc. (NYSE:WGO).
- [By Jeremy Bowman]
Shares of Winnebago Industries, Inc. (NYSE:WGO) were moving higher today after the recreational-vehicle maker posted a strong third-quarter earnings report that easily beat analyst estimates. As of 12:31 p.m. EDT, the stock was up 12.4%.
- [By Ethan Ryder]
WavesGo (CURRENCY:WGO) traded 8.8% lower against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on September 9th. One WavesGo token can currently be purchased for about $0.0099 or 0.00000154 BTC on cryptocurrency exchanges including Tidex and Waves Decentralized Exchange. WavesGo has a total market capitalization of $88,058.00 and $760.00 worth of WavesGo was traded on exchanges in the last day. Over the last week, WavesGo has traded 31.7% lower against the U.S. dollar.
- [By Asit Sharma]
Shares of recreational vehicle (RV) manufacturer Winnebago Industries (NYSE:WGO) enjoyed a single-session gain of nearly 15% following the company's release of fiscal third-quarter 2018 earnings before the markets opened on Wednesday. Winnebago's top-line expansion caught investors by surprise, while healthy earnings per share (EPS) growth added to the enthusiasm:
Best Performing Stocks For 2019: HSBC Holdings PLC (HSBA)
Advisors' Opinion:- [By Joseph Griffin]
HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.
- [By Max Byerly]
HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).
- [By Max Byerly]
Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.
- [By Max Byerly]
HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.
No comments:
Post a Comment