Oil prices finish higher, but suffer third weekly decline in a row

Oil futures settled higher Friday, finding some support as Saudi Arabia said it expects to reduce exports in August, easing some concerns of coming oversupply in the market.

Prices, however, logged a third straight weekly decline on renewed trade-war fears after President Donald Trump said he was ready to impose tariffs on all $505 billion worth of Chinese imports.

August West Texas Intermediate crude CLQ8, +1.22% the U.S. benchmark, rose $1, or 1.4%, to settle at $70.46 a barrel on the New York Mercantile Exchange. It settled at its highest level in a week, but was still down 0.8% from last Friday��s finish for a third consecutive weekly loss. September WTI crude CLU8, -0.21% which became the front-month contract at the session��s end, added 2 cents to finish at $68.26 a barrel.

Read: Oil prices could top $120 before year-end

The global benchmark, September Brent crude LCOU8, +0.61% �settled at $73.07 a barrel, up 49 cents, or 0.7%, on ICE Futures Europe. It marked a weekly loss of about 3% and its third-weekly fall.

��Despite the recent weakness and volatility in the energy markets, the longer term trends do still favor the bulls, although the case for WTI is more favorable than Brent on the charts as the latter just hit fresh 3-month lows this week,�� said Tyler Richey, co-editor of the Sevens Report.

In an interview with CNBC, Trump said he was prepared to impose tariffs on all Chinese goods imported into the U.S. Last year that total was about $505 billion.

��Cautious sentiment prevailed�� in the oil market, ��highlighting concerns over continuing trade tensions between the U.S. and China, and its potential to impact commodity demand,�� said Mihir Kapadia, chief executive officer and founder of Sun Global Investments.

Oil saw little change after oil-field services firm Baker Hughes BHGE, +0.69% �said the number of U.S. oil rigs, a proxy for oil activity, fell by 5 this week to 858. The rig count is up 94 from a year ago, when there 764 rigs.

WTI crude rose Thursday, buoyed after a Saudi Arabian official said the kingdom��s crude exports would fall next month in an effort to avoid oversupplying the market. Brent, however, lost ground as a strike by oil workers in Norway concluded.

Despite losses for the week, oil bulls shouldn��t necessarily fret, said Michael Tran, commodity analyst at RBC Capital Markets.

��As far as retracements go, the recent sell off in the oil market is as healthy as they come, particularly since the market has otherwise been on a one-way train higher over the past 12 months,�� he said, in a note. ��Not only has the selloff been broad commodity based, but much of the recent weakness can be attributed to fairly orderly length liquidation or crystallization of profits rather than a plethora of fresh shorts slamming the market.��

WTI was up roughly 45% over the last 12 months, while Brent was up around 48%.

The fundamental backdrop remains constructive, Tran said, but traders are weary of market-moving political risks ��stemming from a tweet, [Strategic Petroleum Reserve] release or trade-war escalation.��

��While we anticipate further upside through the balance of the year and into next, we continue to encourage market watchers to keep an eye out for temporary pockets of physical weakness, particularly in the Atlantic Basin as front Brent spreads flirt with contango,�� he said. Contango is a condition in which the futures price trades above the expected future spot price.

In other energy trading, August gasoline RBQ8, +1.05% �rose nearly 1.3% to $2.069 a gallon, with the contract down about 1.8% on the week, while August heating oil HOQ8, +0.62% �ended at $2.104 a gallon, up 0.7% for the day��paring its weekly loss to about 1.4%.

August natural gas NGQ18, -0.22% �settled at $2.757 per million British thermal units, down 0.4%. It still saw a weekly rise of 0.2%.

We Want to Hear from You

Join the conversation

Comment Related Topics Futures Commodities Markets Commodity Futures Trading Commission Oil Quote References CLQ8 +0.85 +1.22% CLU8 -0.14 -0.21% LCOU8 +0.44 +0.61% BHGE +0.22 +0.69% RBQ8 +0.02 +1.05%

iQiyi Stock Has Way More Problems Than Protectionism and a Trade War

iQIYI, Inc (NASDAQ:IQ) benefits from the same protection from foreign competition that other Chinese companies enjoy and for now that’s helping IQ stock a bit.

Much like the protection Baidu (NASDAQ:BIDU) enjoys from Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) or that Alibaba (NYSE:BABA) or JD.Com (NASDAQ:JD) have from the Amazon (NASDAQ:AMZN) threat, IQ stock benefits from not having to compete against Netflix (NASDAQ:NFLX).

However, with the looming U.S. trade war, the stock lost about 10% of its value since June 20, bottoming out at a little more than $29 before regaining a bit. It now sits at about $34. While I do not think a trade war poses a problem for IQ stock, the financials of this company should give investors pause.

IQ Stock Still Is Appealing

Investors can easily understand the appeal of IQ. iQiyi has become the Chinese company most closely resembling Netflix. Many investors lament the fact that they missed the meteoric rise of NFLX stock and see IQ as a second chance.

NFLX has reached a market cap of about $177 billion. In contrast, the market cap for IQ stands at around $21 billion. Prospective iQiyi investors will also like the fact that the company brings in more revenue per quarter than Netflix.

It also enjoys a larger overall subscriber base even though it only operates in one country. Netflix remains ahead of iQiyi with paid subscribers (60 million for IQ vs. 125 million for NFLX).

iQiyi had just five million paid subscribers in 2015, so this gap continues to close. When the company counts those who use the free ad-sponsored platform, the number of users tops 400 million.

Financial Statements and iQiyi

However, the higher growth numbers mask some troubling financials. Despite higher revenues, the company pays heavily to bring in that cash. Revenues only exceeded the cost of revenue by 29 million yuan ($4.37 million) in 1Q 2018.

When operating expenses are added, its reported an operating loss of over 1 billion yuan ($159.9 million). Netflix enjoyed an operating profit of $447 million in the same quarter.

The balance sheet also indicates funding issues. IQ stock’s current ratio (current assets divided by current liabilities) stands below 0.5. A current ratio below one calls into question a company’s ability to meet its current expenses.

Accounts payable alone amounts to over 8.73 billion yuan ($1.31 billion). Current assets stand at 6.05 billion yuan ($910.3 million). Hence, IQiyi lacks the resources to meet this expense, let alone its other current liabilities.

Also, this company holds 23.84 billion yuan ($3.59 billion) in what it describes as “other long-term liabilities.” The cash flow statement confirms this. iQiyi raised 6.07 billion yuan ($914.09 million) with “other financing activities” listed separately from debt issued. This leads to a stockholders’ equity of -14.36 billion yuan (-$2.16 billion).

Strategically, IQ Isn’t “Netflix of China”

Although I have disparaged NFLX stock in the past, I based that criticism on valuation. Netflix supports a solid balance sheet and has become one of the most visionary companies in tech. IQ faces more serious issue than a high price-to-earnings (PE) ratio or its lack of a PE. The company likely left billions in yuan on the table by holding on to ad-sponsored customers who bring in lower revenues.

Moreover, analysts forecast losses for iQiyi through at least 2020. This means it will likely resort to the same undisclosed funding sources that have supported IQ in the past. Many investors will try to get that second chance at the next Netflix by buying IQ stock. However, they will buy a company that lacks the strategic insight and financial stability of its non-China counterpart.

The Bottom Line on iQiyi

Investors should question the financials behind IQ before investing. Without a doubt, many will like the subscriber growth rates and higher revenues that come with iQiyi. Still, investors need to remain aware of its troubled financial statements.

The inability to cover immediate expenses as well as its mysterious funding sources should create concern.

Admittedly, just because iQiyi’s funding sources remain unknown does not mean it engages in nefarious financial activities. However, investors can also buy into other up-and-coming companies who do not bear this financial risk. Given the options available, I see no reason to risk precious capital on IQ stock.

As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting.

Compare Brokers

Bel Fuse, Inc. Class B (BELFB) Receiving Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Bel Fuse, Inc. Class B (NASDAQ:BELFB) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 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. Bel Fuse, Inc. Class B earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 45.9775371402704 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of research firms recently issued reports on BELFB. ValuEngine lowered shares of Bel Fuse, Inc. Class B from a “hold” rating to a “sell” rating in a research note on Friday, June 1st. BidaskClub upgraded shares of Bel Fuse, Inc. Class B from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 7th.

Get Bel Fuse Inc. Class B alerts:

Bel Fuse, Inc. Class B traded up $1.10, reaching $21.90, during midday trading on Tuesday, MarketBeat reports. The stock had a trading volume of 22,000 shares, compared to its average volume of 25,015. Bel Fuse, Inc. Class B has a 1-year low of $17.10 and a 1-year high of $33.45. The company has a current ratio of 3.14, a quick ratio of 1.95 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $246.07 million, a PE ratio of 27.27 and a beta of 0.63.

Bel Fuse, Inc. Class B (NASDAQ:BELFB) last posted its earnings results on Thursday, May 3rd. The electronics maker reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.21). Bel Fuse, Inc. Class B had a negative net margin of 2.81% and a positive return on equity of 5.50%. The firm had revenue of $118.25 million during the quarter.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 1st. Shareholders of record on Friday, July 13th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Thursday, July 12th.

About Bel Fuse, Inc. Class B

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.

Recommended Story: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Somewhat Positive Media Coverage Somewhat Unlikely to Impact Main Street Capital (MAIN) Share Price

Media stories about Main Street Capital (NYSE:MAIN) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Main Street Capital earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.850033622952 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Get Main Street Capital alerts: Main Street Capital Corporation: Main Street Announces Second Quarter 2018 Earnings Release And Conference Call Schedule (twst.com) Zacks: Analysts Expect Main Street Capital Co. (MAIN) Will Post Quarterly Sales of $56.95 Million (americanbankingnews.com) Analysts Expect Main Street Capital Co. (MAIN) Will Post Earnings of $0.62 Per Share (americanbankingnews.com) Afghan police shoot suspected suicide attacker in capital Kabul (streetinsider.com)

Several analysts recently issued reports on MAIN shares. Zacks Investment Research raised Main Street Capital from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Friday, March 30th. National Securities reissued a “neutral” rating and issued a $35.00 price target on shares of Main Street Capital in a report on Wednesday, May 9th. B. Riley started coverage on Main Street Capital in a report on Tuesday, March 27th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, ValuEngine cut Main Street Capital from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $39.33.

MAIN traded up $0.15 during trading hours on Wednesday, hitting $39.24. The company’s stock had a trading volume of 1,071 shares, compared to its average volume of 189,276. Main Street Capital has a fifty-two week low of $34.37 and a fifty-two week high of $41.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market cap of $2.30 billion, a P/E ratio of 16.42 and a beta of 0.94.

Main Street Capital (NYSE:MAIN) last posted its earnings results on Thursday, May 3rd. The financial services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. Main Street Capital had a return on equity of 10.48% and a net margin of 81.24%. The firm had revenue of $55.94 million for the quarter, compared to analysts’ expectations of $53.54 million. During the same period last year, the firm earned $0.57 EPS. The firm’s revenue was up 16.8% compared to the same quarter last year. equities analysts anticipate that Main Street Capital will post 2.47 EPS for the current year.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 14th. Investors of record on Tuesday, August 21st will be given a $0.19 dividend. This represents a $2.28 annualized dividend and a yield of 5.81%. The ex-dividend date is Monday, August 20th. Main Street Capital’s dividend payout ratio is currently 95.40%.

About Main Street Capital

Main Street Capital Corporation is a business development company specializing in long- term equity and debt investments in small and lower middle market companies. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses.

See Also: Book Value Of Equity Per Share �� BVPS Explained

The Sustainable Development Goals and Climate Finance: Catalytic Agent or Empty Vessel?

By Jackson Ewing and Avia Nahreen for the Brookings Institution

Climate change is creating an investment challenge. Although overhauling traditional energy systems, curtailing harmful industry practices, and scaling emerging technology can make economic sense, they often mean steep front-loaded costs. The United Nations’ Sustainable Development Goals (SDGs) are crafted to accelerate the flow of climate finance to developing countries, but, on the surface, it is unclear what new value they bring.

Unlike their Millennium Development Goals (MDGs) predecessor, the SDGs avoid core distinctions between developed and developing countries, opting instead for big-tent commitments that call on the entire international community. Climate finance targets in SDG 13��”take urgent action to combat climate change and its impacts”��are an exception. They call for specific levels of developed and developing country support, emphasizing the need to keep global temperatures in check by prescribing broad-based ways to integrate climate change into development strategies. On clean investment, SDG 13 reinforces a decision made at the United Nations Framework Convention on Climate Change (UNFCCC) to mobilize $100 billion annually by 2020 through the Green Climate Fund (GCF).

Mixed Trends in Clean Infrastructure

Businesses and financiers have taken a range of approaches to building profitable clean infrastructure, with varying results driven in part by the settings in which they operate. De-risking clean infrastructure and meeting up-front costs often require public incentives and lowered barriers, particularly in developing countries, so the policy context is critical.

Between 2010 and 2016, some $1.7 trillion was invested by private sources as they increasingly took over distressed public infrastructure assets in search of long-term returns. Meanwhile, developed economies have lagged in their commitments to dedicate public funds to mitigate and adapt to climate change. In addition to not being on pace to meet annual infrastructure investment targets in developing states, evidence of predatory loans far higher than the value being transferred, and exaggerations of climate change relevance raise questions about reported climate investment figures.

There are avenues to address these problems. The GCF could provide a global mechanism to steer private and public loans, grants and equity from developed countries toward adaptation and mitigation projects in developing countries. It has approved 54 projects with disbursements of about $1 billion but��as President Donald Trump’s reversal of U.S. commitments demonstrates��it is captive to prevailing political trends and uncertainties about its coffers and capabilities. SDG 13 fetes the GCF in part as a response to this reality, and in doing so seeks to redouble the message that developed countries are on the hook to provide finance that fosters sustainable transitions in the developing world.

Clear messaging about goals, specific targets, and consistent progress reviews are the main instruments for solidifying country-level accountability toward the SDGs. By signing onto the SDGs, the vast majority of the international community has committed to 17 goals and 169 targets. However, there is no punitive action or significant international censure for those who shirk or renege. The SDGs and MDGs before them are only as powerful as their reputations, platforms, and the ability of their leaders to drive change. The SDGs��like nascent approaches at the UNFCCC��are based on doggedly negotiating goals and following up with years of diplomatic peer pressure from international and country-level champions. They will have material relevance to climate finance needs only if they foster levels of accountability commensurate with their goals.

How To Make Progress–Matchmaking, Bankability, and Pump-Priming

Providing valuable platforms for multi-stakeholder engagement is a good place to start. The public-private partnerships that could drive climate finance and project development can benefit from international matchmaking. SDG convenings that bring business, financiers, and governments together can mobilize ambition, remind everyone of the stakes involved, the progress to date, and help to yield relationships that lead to action on the ground.

The most promising outcomes for such action will see private financial organizations, national development banks, and multilateral institutions work together to grow a pipeline of bankable projects. A myriad of innovative financial mechanisms exist to facilitate private capital flows that reduce risk through public sector support, inducements, and guarantees. Making such financial instruments and channels available and known to private funders and incentivizing them to steer funds toward climate mitigation and adaptation projects in developing countries is the challenge. The GCF is designed to do exactly that, and yet it currently teeters on the margins of global relevance as commitments materialize too slowly. In 2017, the world’s six largest multilateral development banks mobilized a record $35 billion in climate finance. Less than two years from its 2020 target of $100 billion in annual investment, it remains undercapitalized, with resources of just $10 billion as of May 2018.

Even if GCF goals are reached, they fall far short of the climate finance challenge �� where estimates often exceed $1 trillion in annual need. Indeed, they should be viewed as monies that prime the pump for further investment. To the extent that leaders and advocates for meeting the SDGs focus on climate finance, they should do so in ways that take advantage of the strengths of their platform and support projects that will become self-sustaining, rather than repeating the lending and aid paradigms of past generations.

SDG 13 as a Litmus Test

SDG 13 reiterates commitments made in different parts of the vast landscape of international climate diplomacy, but like these arenas the SDGs can be rife with free-rider problems, and there are few consequences for countries that fall short. To add value, SDG 13 must message effectively, enhance accountability, and galvanize useful relationships.

In that it is no different from the other SDGs��it just focuses on existing rather than new commitments. Its results will be a litmus test for the broader influence of the SDGs, and their capacity to drive difficult but essential development actions.

This article was originally posted at the Brookings Institution website.

ALSO READ: 7 Big Companies Expected to Beat Earnings

Best Stocks To Invest In Right Now

tags:URBN,RXN,CTRE,SBLK,

Berkshire Hathaway Inc. (NYSE: BRK.A) doesn't pay a dividend, but the company and the stock both benefit greatly from owning shares of some of the best dividend aristocrats on the market.

CEO Warren Buffett�has told investors about the power of compounding interest for decades and referenced it in a 1964 letter to his partners.

At the time, he said an investment may start off paying just a few percentage points. For example, PepsiCo Inc. (NYSE: PEP) pays a dividend of $0.81 per share, which is a yield of 2.81%. If you bought $10,000 shares of PEP on May 1, 2016, and reinvested the dividends through a dividend reinvestment program (DRIP), your shares would have been worth $11,172 on May 1, 2017.

Best Stocks To Invest In Right Now: Urban Outfitters Inc.(URBN)

Advisors' Opinion:

• [By Stephan Byrd]

  TJX Companies (NYSE: TJX) and Urban Outfitters (NASDAQ:URBN) are both retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, earnings, valuation and dividends.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Urban Outfitters (URBN)

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

• [By Chris Lange]

  Urban Outfitters Inc. (NASDAQ: URBN) is scheduled to release its most recent quarterly results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $0.63 in earnings per share (EPS) on $1.08 billion in revenue. In the fourth quarter of last year, the retailer said it had EPS of $0.55 and $1.03 billion in revenue.

• [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

• [By Leo Sun]

  Ralph Lauren's turnaround times are improving, but they remain well behind many of its industry peers. 90% of its products now have a nine-month lead time, up from 50% in the prior-year quarter. For comparison, Inditex's Zara, the market leader in fast fashion, has a turnaround time of�about two weeks. Urban Outfitters (NASDAQ:URBN) recently claimed that nearly 50% of its products had�a lead time of 12 weeks or less.

• [By Chris Lange]

  Urban Outfitters Inc. (NASDAQ: URBN) also will report its most recent quarterly results on Tuesday. The consensus estimates call for $0.63 in EPS and $1.08 billion in revenue. Shares were last seen trading at $36.48, in a 52-week range of $16.19 to $38.06. The consensus price target is $34.62.

Best Stocks To Invest In Right Now: Rexnord Corporation(RXN)

Advisors' Opinion:

• [By Motley Fool Staff]

  Rexnord Corporation (NYSE:RXN) Q4 2018 Earnings Conference CallMay. 15, 2018 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Lisa Levin]

   

  Companies Reporting After The Bell Agilent Technologies, Inc. (NYSE: A) is estimated to post quarterly earnings at $0.64 per share on revenue of $1.21 billion. Vipshop Holdings Limited (NYSE: VIPS) is expected to post quarterly earnings at $0.18 per share on revenue of $3.10 billion. Rexnord Corporation (NYSE: RXN) is projected to post quarterly earnings at $0.39 per share on revenue of $551.94 million. Invitation Homes Inc. (NYSE: INVH) is estimated to post quarterly earnings at $0.03 per share on revenue of $423.13 million. Switch, Inc. (NYSE: SWCH) is expected to post quarterly earnings at $0.05 per share on revenue of $99.83 million. Itron, Inc. (NASDAQ: ITRI) is projected to post quarterly earnings at $0.13 per share on revenue of $579.85 million. Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) is expected to post quarterly earnings at $0.44 per share on revenue of $119.06 million. Amyris, Inc. (NASDAQ: AMRS) is estimated to post quarterly earnings at $0.07 per share on revenue of $68.14 million. Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) is projected to post quarterly loss at $0.38 per share on revenue of $1.87 million. VOXX International Corporation (NASDAQ: VOXX) is expected to post quarterly earnings at $0.05 per share on revenue of $130.00 million. Phoenix New Media Limited (NYSE: FENG) is estimated to post quarterly loss at $0.12 per share on revenue of $45.38 million. Restoration Robotics, Inc. (NASDAQ: HAIR) is projected to post quarterly loss at $0.17 per share on revenue of $5.93 million. YogaWorks, Inc. (NASDAQ: YOGA) is estimated to post quarterly loss at $0.22 per share on revenue of
• [By Joseph Griffin]

  Rexnord (NYSE:RXN) announced its quarterly earnings results on Monday. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01), reports. Rexnord had a net margin of 8.29% and a return on equity of 13.05%.

Best Stocks To Invest In Right Now: CareTrust REIT, Inc.(CTRE)

Advisors' Opinion:

• [By Jason Hall, Neha Chamaria, and Rich Duprey]

  Owning stocks that pay a dividend can make it much easier to hold on to them, particularly if they have the ability to steadily increase the payout and solid prospects to grow the business. To help find the best long-term dividend stocks out there, we asked three of our Motley Fool investors for a little help. They came back with�Gaming and Leisure Properties Inc�(NASDAQ:GLPI),�AES Corp�(NYSE:AES), and�Caretrust REIT Inc�(NASDAQ:CTRE).�

• [By Jason Hall]

  This steady, inexorable shift in the U.S. population represents an opportunity for investors, particularly with companies that provide resources that will only grow in demand as America's baby boomers get older. Caretrust REIT Inc�(NASDAQ:CTRE), and�Welltower Inc�(NYSE:WELL) should be very high on 50-something investors' watchlists, offering solid value, strong dividend income, and the prospect of many years of growth as baby boomers transition from the workforce to retirement.�

• [By Logan Wallace]

  Eversept Partners LLC lessened its position in shares of Caretrust REIT Inc (NASDAQ:CTRE) by 21.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 108,264 shares of the real estate investment trust’s stock after selling 30,000 shares during the quarter. Caretrust REIT comprises 0.7% of Eversept Partners LLC’s investment portfolio, making the stock its 29th biggest holding. Eversept Partners LLC owned about 0.14% of Caretrust REIT worth $1,473,000 at the end of the most recent quarter.

• [By Jason Hall, Sean Williams, and Jordan Wathen]

  We challenged three investors to give us some seriously�long-term ideas with a simple question: "What's a stock to buy and hold for 25 years?" They came up with�CareTrust REIT Inc. (NASDAQ:CTRE),�Alphabet Inc.�(NASDAQ:GOOG)(NASDAQ:GOOGL), and�Visa Inc.�(NYSE:V).�

Best Stocks To Invest In Right Now: Star Bulk Carriers Corp.(SBLK)

Advisors' Opinion:

• [By Rich Smith]

  Now those new buy recommendations are rolling in. This morning, Stifel Nicolaus -- one of the best-rated analysts we have on Motley Fool CAPS -- announced a pair of such upgrades, urging investors to buy stock in Scorpio Bulkers (NYSE:SALT) and Star Bulk Carriers (NASDAQ:SBLK). Here's what you need to know.

• [By Ethan Ryder]

  Star Bulk Carriers (NASDAQ:SBLK) had its price target boosted by Morgan Stanley from $14.00 to $15.00 in a report issued on Wednesday morning. Morgan Stanley currently has an overweight rating on the shipping company’s stock.

• [By Ethan Ryder]

  Star Bulk Carriers (NASDAQ: SBLK) and Gener8 Maritime (NYSE:GNRT) are both small-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, institutional ownership, earnings, valuation, dividends and profitability.

• [By Motley Fool Staff]

  Star Bulk Carriers (NASDAQ:SBLK) Q1 2018 Earnings Conference CallJun. 12, 2018 11:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Vault Coin Price Tops $0.0001 on Exchanges (VLTC)

Vault Coin (CURRENCY:VLTC) traded 0.2% higher against the U.S. dollar during the one day period ending at 11:00 AM ET on July 7th. Vault Coin has a market capitalization of $3,993.00 and approximately $119.00 worth of Vault Coin was traded on exchanges in the last day. One Vault Coin coin can currently be purchased for $0.0001 or 0.00000002 BTC on major exchanges. Over the last week, Vault Coin has traded up 51.5% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

Get Vault Coin alerts: Aston (ATX) traded down 2.4% against the dollar and now trades at $0.0466 or 0.00000709 BTC. Pura (PURA) traded 4.3% lower against the dollar and now trades at $0.0852 or 0.00001296 BTC. Polis (POLIS) traded up 0.4% against the dollar and now trades at $1.11 or 0.00016878 BTC. ArcticCoin (ARC) traded down 12.8% against the dollar and now trades at $0.0422 or 0.00000513 BTC. DigitalPrice (DP) traded 10.8% lower against the dollar and now trades at $0.0515 or 0.00000784 BTC. Adzcoin (ADZ) traded up 0.7% against the dollar and now trades at $0.0179 or 0.00000272 BTC. Advanced Technology Coin (ARC) traded down 0.1% against the dollar and now trades at $0.0236 or 0.00000359 BTC. Onix (ONX) traded 5.4% lower against the dollar and now trades at $0.0043 or 0.00000066 BTC. Startcoin (START) traded 3.9% lower against the dollar and now trades at $0.0087 or 0.00000133 BTC. Prime-XI (PXI) traded 4.1% higher against the dollar and now trades at $0.0046 or 0.00000071 BTC.

Vault Coin Coin Profile

VLTC is a proof-of-work (PoW) coin that uses the X11 hashing algorithm. It was first traded on October 13th, 2016. Vault Coin’s total supply is 530,385,540 coins and its circulating supply is 30,385,540 coins. Vault Coin’s official Twitter account is @vaultcoin1 and its Facebook page is accessible here. Vault Coin’s official website is vltcoin.org.

Vault Coin Coin Trading

Vault Coin can be purchased on these cryptocurrency exchanges: Livecoin. It is usually not presently possible to buy alternative cryptocurrencies such as Vault Coin directly using US dollars. Investors seeking to acquire Vault Coin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Vault Coin using one of the exchanges listed above.

Top China Stocks To Buy Right Now

tags:CDTI,FMCN,NTES,BIDU,

European stocks finished lower on Friday, but registered a second straight weekly gain, after U.S. President Donald Trump threatened China with additional tariffs.

The White House announcement unsettled markets, ratcheting up the possibility of a prolonged trade conflict, after a week of tit-for-tat moves by Washington and Beijing.

How markets are moving

The Stoxx Europe 600 index SXXP, -0.35% slipped 0.4% to 374.82, erasing a small part of a 2.4% rise logged on Thursday, when the index rallied to its best one-day percentage gain since June 19, 2016 on an easing in trade-war worries. For the week, the pan-Europe gauge rose 1.1%, marking its second weekly rise in a row.

Top China Stocks To Buy Right Now: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:

• [By Stephan Byrd]

  Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

  Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

  MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

Top China Stocks To Buy Right Now: Focus Media Holding Limited(FMCN)

Advisors' Opinion:

• [By Stephan Byrd]

  An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Top China Stocks To Buy Right Now: Netease.com Inc.(NTES)

Advisors' Opinion:

• [By Leo Sun]

  For comparison, Tencent (NASDAQOTH:TCEHY) and NetEase (NASDAQ:NTES), the two biggest names in Chinese mobile games, trade at about 9 times and 3 times this year's sales, respectively. Out of the ten highest-grossing Android games in China (according to Newzoo's April numbers), Tencent and its subsidiaries published six of the titles, while NetEase published three. The only game which didn't come from those two publishers was 4399's Dream Journey.�

• [By Leo Sun]

  Shares of NetEase (NASDAQ:NTES) recently tumbled after the Chinese tech company posted mixed first-quarter numbers. Its revenue rose 4% annually to 14.2 billion yuan ($2.3 billion), which beat estimates by $120 million. Unfortunately, its non-GAAP net income plunged 69% to 1.34 billion yuan ($213 million), or $1.61 per diluted ADS (American depositary share) -- which missed estimates by 36 cents.

• [By Dan Caplinger]

  Thursday was a relatively quiet day on Wall Street, and action in different parts of the market showed mixed signals for investors. On one hand, small-cap stocks moved higher, with key benchmarks in that area hitting record highs. Yet the better-known large-cap stock indexes like the S&P 500 gave up early gains. Looking more closely at individual stocks, some companies suffered from bad news that sent their shares falling. J.C. Penney (NYSE:JCP), NetEase (NASDAQ:NTES), and Jounce Therapeutics (NASDAQ:JNCE) were among the worst performers on the day. Here's why they did so poorly.

• [By Shane Hupp]

  News articles about NetEase (NASDAQ:NTES) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NetEase earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 47.5808045346287 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Top China Stocks To Buy Right Now: Baidu Inc.(BIDU)

Advisors' Opinion:

• [By Keith Fitz-Gerald]

  Take China, for example. It's long been one of the president's favorite targets, yet the nation's companies are stepping onto the global stage far faster than most Westerners can comprehend. Alibaba Group Holding Ltd. (NYSE: BABA), for example, threatens Amazon.com Inc. (Nasdaq: AMZN) in key markets around the world. Baidu Inc. (Nasdaq: BIDU) is gearing up for a fight with Alphabet Inc. (Nasdaq: GOOGL).

• [By Leo Sun]

  Shares of Baidu (NASDAQ:BIDU) tumbled 10% on May 18, after the�company announced the upcoming departure of COO Qi Lu in July. Prior to joining Baidu in early 2017, Lu served as�Microsoft's executive VP of its Applications and Services Group. As one of the industry's leading AI experts, Lu played a key role in Baidu's transition from an online search company to a cloud and AI services provider.

• [By Lisa Levin] Gainers Genprex, Inc. (NASDAQ: GNPX) jumped 46.7 percent to $16.1331. The low-float small-cap clinical stage gene therapy company saw its stock rally nearly 150 percent from Monday through Thursday. Formal news hasn't been announced this week that would support a triple-digit percentage rally (including more than 200 percent at one point on Thursday) but the quiet period following its initial public offering will expire on May 8. Celyad SA (NASDAQ: CYAD) shares gained 24.7 percent to $36.17. Celyad reported the publication of THINK study case report of CYAD-01 Induced Complete Remission in relapsed/refractory AML patient in haematologica. DMC Global Inc. (NASDAQ: BOOM) shares jumped 23.2 percent to $39.00 after the company reported upbeat Q1 results and issued upbeat Q2 guidance. eHealth, Inc. (NASDAQ: EHTH) gained 21.8 percent to $19.58 as the company posted upbeat Q1 results. Enova International, Inc. (NYSE: ENVA) climbed 20.4 percent to $27.20 following Q1 results. SVB Financial Group (NASDAQ: SIVB) shares jumped 18.2 percent to $304.135 following strong quarterly results. Knowles Corporation (NYSE: KN) gained 13.9 percent to $12.70 as the company reported Q1 results. Zymeworks Inc. (NYSE: ZYME) gained 13.8 percent to $17.36. Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 11.8 percent to $2.336 after declining 25.09 percent on Thursday. ImmunoGen, Inc. (NASDAQ: IMGN) shares surged 11.7 percent to $11.75 after the company announced 'successful completion of interim analysis' for FORWARD I Phase 3 mirvetuximab soravtansine trial. Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX) gained 9.5 percent to $12.70. Expedia Group, Inc. (NASDAQ: EXPE) shares rose 8.5 percent to $115.3801 after the company reported stronger-than-expected earnings for its first quarter on Thursday. Sprint Corporation (NYSE: S) shares rose 8.3 percent to $6.50. The stock moved higher after a Reuters report suggested ongoing merger talks with T-M
• [By Anders Bylund]

  iQiyi�(NASDAQ:IQ) had a good day on Friday. Shares of the Chinese online media giant and former Baidu (NASDAQ:BIDU) subsidiary were up 11.1% at 3:40 p.m. EDT. An iQiyi-produced movie was nominated for two prestigious awards at the Shanghai International Film Festival, which is a lot like an up-and-coming Western studio snagging some Oscar nods.

• [By Leo Sun]

  Baidu (NASDAQ:BIDU) recently authorized a buyback of up�to $1 billion in shares over the next 12 months. The buyback, which will be funded with the company's existing cash, could reduce Baidu's float by about 1% based on its current market cap of $85 billion.

• [By Brian Stoffel]

  Chinese search giant�Baidu�(NASDAQ:BIDU) went public in 2005. After stumbling out of the IPO gate, it experienced the type of run-up that can create dynastic wealth for patient investors. Between early 2006 and mid-2011, shares of the company advanced 3,000%. In other words, in just five years, you could have turned a $10,000 investment into $300,000!

Baozun (BZUN) Stock Rating Lowered by Zacks Investment Research

Baozun (NASDAQ:BZUN) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report released on Wednesday.

According to Zacks, “Baozun Inc. offers digital and e-commerce service primarily in China. The Company’s services include website design, development and hosting, information technology infrastructure, customer service, warehousing and logistics services as well as digital marketing. Baozun Inc. is based in SHANGHAI, China. “

Get Baozun alerts:

Several other research firms have also commented on BZUN. Vetr raised shares of Baozun from a “hold” rating to a “buy” rating and set a $48.41 target price on the stock in a report on Tuesday, April 17th. TheStreet raised shares of Baozun from a “c” rating to a “b-” rating in a report on Monday, May 21st. BidaskClub raised shares of Baozun from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 3rd. Finally, ValuEngine raised shares of Baozun from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $42.68.

Shares of Baozun opened at $55.10 on Wednesday, MarketBeat.com reports. The firm has a market capitalization of $3.09 billion, a PE ratio of 99.38 and a beta of 3.97. Baozun has a one year low of $23.34 and a one year high of $67.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.48.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Thursday, May 17th. The technology company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.06). The company had revenue of $921.20 million during the quarter, compared to the consensus estimate of $884.38 million. Baozun had a return on equity of 12.23% and a net margin of 5.00%. Baozun’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 EPS. research analysts expect that Baozun will post 0.97 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in Baozun during the 4th quarter valued at $108,000. Mount Yale Investment Advisors LLC purchased a new stake in Baozun during the 1st quarter valued at $110,000. Castleark Management LLC purchased a new stake in Baozun during the 4th quarter valued at $145,000. Ladenburg Thalmann Financial Services Inc. boosted its position in Baozun by 2,531.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,000 shares of the technology company’s stock valued at $183,000 after buying an additional 3,848 shares during the period. Finally, Truewealth LLC boosted its position in Baozun by 85.9% during the 1st quarter. Truewealth LLC now owns 4,339 shares of the technology company’s stock valued at $199,000 after buying an additional 2,005 shares during the period. 47.49% of the stock is owned by institutional investors and hedge funds.

Baozun Company Profile

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.

Get a free copy of the Zacks research report on Baozun (BZUN)

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

Hot Canadian Stocks To Buy For 2019

tags:MMM,TRP,III,WFC,CM, 2016 was a surprising year...   It was the eighth year of this bull market. But that didn't slow things down.   U.S. stocks jumped 12%. Oil prices soared by 45%. And gold had a wild ride, eventually ending the year up 9%.   With all that happening, you might have missed the major boom that happened in our neighbor to the north... Canada.   Canadian stocks had a fantastic 2016... rising 22%. But history says that boom has gotten out of hand. Double-digit losses are likely this year. And that means now is time to bet against one of 2016's big winners.   Let me explain...   Canadian stocks were a stealth winner last year. The iShares MSCI Canada Fund (EWC) went up 22%... And it soared an incredible 40% from its January low to the end of 2016.   The problem is that Canada's stock market is now incredibly overbought... And that means lower prices are likely.

Hot Canadian Stocks To Buy For 2019: 3M Company(MMM)

Advisors' Opinion:

• [By JJ Kinahan]

  Earnings appear to be helping equities futures, if slightly, with six Dow Jones Industrial Average ($DJI) components reporting this morning. Leading the way was construction equipment maker Caterpillar Inc. (NYSE: CAT), which reported solid earnings of $2.82 a share versus analyst consensus of $2.11. CAT shares rose more than 4 percent in pre-market trading. Other Dow components advancing on this morning's earnings include Verizon Communications inc. (NYSE: VZ), Coca-Cola Company (NYSE: KO) and United Technologies Corporation (NYSE: UTX). The $DJI’s advance appears to have been muted, however, on weaker earnings by 3M Co. (NYSE: MMM), which fell nearly 4 percent on lower company guidance, and insurance giant Travelers Companies Inc. (NYSE: TRV), which fell short of analyst estimates.

• [By Neha Chamaria]

  So, below is a list of the top 10 dividend kings by yield. A point to note is that the highest-yielding dividend kings may not necessarily have grown their dividends at the fastest pace, which is why I have included the 10-year dividend compound annual growth rate (CAGR) data for each stock to give you a broader view.�

  Dividend King Current Yield 10-Year Dividend CAGR Payout Ratio (TTM) Procter & Gamble� 3.9% 7.7% 72.2% Coca-Cola 3.5% 8.1% 440.7% Federal Realty Investment Trust� 3.5% 5.3% 97.6% Genuine Parts Company 3.1% 6.3% 62.7% Northwest Natural Gas 3.1% 2.7% NA* Cincinnati Financial Corporation� 3% 3.5% 49.6% Emerson Electric� 2.7% 6.2% 69% 3M Company (NYSE:MMM) 2.7% 9.4% 70.4% Colgate-Palmolive Company 2.7% 8.6% 73.6% Johnson & Johnson 2.6% 7.4% 724.9%

  TTM: Trailing 12 months. NA = Not applicable as Northwest Natural Gas incurred a loss per share in TTM primarily because of tax implications. Data sources: YCharts and Yahoo! Finance. Table by author.

• [By Paul Ausick]

  The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 19.2%. That is followed by Walmart Inc. (NYSE: WMT), down 16%, 3M Co. (NYSE: MMM), down 15.2%, and Johnson & Johnson (NYSE: JNJ), down 13.2%. Losers outnumber winners for the year to date on the Dow by a score of 19 to 11.

• [By Paul Ausick]

  The second-worst Dow stock so far this year is Walmart Inc. (NYSE: WMT), with shares down 16.5%. That is followed by General Electric Co. (NYSE: GE), down 16.2%, 3M Co. (NYSE: MMM), down 15.4%, and Johnson & Johnson (NYSE: JNJ), down 13.1%. Losers outnumber winners for the year to date on the Dow by a score of 19 to 11.

Hot Canadian Stocks To Buy For 2019: Transcananda Pipelines Ltd.(TRP)

Advisors' Opinion:

• [By Joseph Griffin]

  TC PIPELINES LP Common Stock (NYSE: TRP) and Rice Midstream Partners (NYSE:RMP) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and institutional ownership.

• [By Ethan Ryder]

  Media stories about TC PIPELINES LP Common Stock (NYSE:TRP) (TSE:TRP) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TC PIPELINES LP Common Stock earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the pipeline company an impact score of 47.0472930935725 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

• [By Dustin Parrett]

  TransCanada Corp. (NYSE: TRP) just achieved a perfect Money Morning stock VQScore��, making it a profit powder keg waiting to ignite…

  TransCanada is a Canadian oil and gas pipeline company, most famous for its development of the Keystone XL pipeline connecting Canadian oil fields to major hubs in the United States.

Hot Canadian Stocks To Buy For 2019: Information Services Group Inc.(III)

Advisors' Opinion:

• [By Joseph Griffin]

  3i Group (LON:III) had its price target upped by Societe Generale from GBX 1,020 ($13.58) to GBX 1,130 ($15.04) in a research note released on Thursday. The brokerage currently has a buy rating on the stock.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Information Services Group, Inc. Common Stock (III)

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

• [By Joseph Griffin]

  RMR Group (NASDAQ: RMR) and Information Services Group (NASDAQ:III) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.

Hot Canadian Stocks To Buy For 2019: Wells Fargo & Company(WFC)

Advisors' Opinion:

• [By ]

  In Tuesday's Kass Insider I remarked that there are a number of factors contributing to my cautious near-term market view:

  Narrow Market Leadership. We're back to a market that's basically led by the FAANGs -- Facebook (FB) , Amazon (AMZN) , Apple (AAPL) , Netflix (NFLX) and Google/Alphabet (GOOG) , (GOOGL) . Facebook, Amazon, Apple and Alphabet are holdings in Jim Cramer's Action Alerts PLUS. Rising Short-Term Interest Rates. The 2-year U.S. note yield is up about 1.3 basis points at 2.39%. Complacency. I'm seeing more investor complacency -- anecdotally, in the business media and elsewhere -- ever since market's main indices rallied off of their recent lows. Gold. The rise in gold looks solid. I'm currently long the SPDR Gold Shares ETF (GLD) . Lackluster Banks. We're seeing disappointing action in the financials. However, I continue to buy them. I'm long Bank of America (BAC) , Citigroup (C) , JPMorgan Chase (JPM) and Wells Fargo (WFC) , although I'm shorting Goldman Sachs (GS) .

• [By Matthew Frankel]

  So it may seem like scandal-plagued banking giant Wells Fargo (NYSE:WFC) might be right up my alley. Because of the bank's infamous fake-accounts scandal and other issues, Wells Fargo has significantly underperformed its peers and may look attractive to bargain-seeking investors.

• [By ]
  Here Are 3 Hot Things to Know About Stocks Right Now Futures point to the Dow and S&P 500 continuing to edge higher, while the Nasdaq is expected to fall at opening. Earnings from the U.S.'s big banks kick off Friday with  Action Alerts PLUS holding JPMorgan Chase & Co. JPM, Wells Fargo & Co. (WFC)  and Citigroup Inc. (C) European markets were mixed with France's Cac 40 and Germany's Dax up and London's FTSE 100 on the back foot as the pound edged higher.  Markets Overview

  Global markets struggled to stay in positive territory on Friday, April 13, and U.S. futures were under pressure at President Donald Trump and allies weighed action in Syria.

Hot Canadian Stocks To Buy For 2019: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:

• [By Logan Wallace]

  Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

• [By Joseph Griffin]

  Shares of Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) have earned an average recommendation of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$130.33.

• [By Motley Fool Staff]

  Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Max Byerly]

  Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% 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 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Logan Wallace]

  A number of firms have modified their ratings and price targets on shares of Canadian Imperial Bank of Commerce (TSE: CM) recently:

  6/6/2018 – Canadian Imperial Bank of Commerce was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a C$130.00 price target on the stock, up previously from C$125.00. 5/24/2018 – Canadian Imperial Bank of Commerce was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating. They now have a C$124.00 price target on the stock, down previously from C$136.00. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target lowered by analysts at Scotiabank from C$131.00 to C$127.00. They now have a “sector perform” rating on the stock. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target lowered by analysts at Royal Bank of Canada from C$141.00 to C$135.00. They now have a “sector perform” rating on the stock. 5/24/2018 – Canadian Imperial Bank of Commerce was given a new C$140.00 price target on by analysts at Eight Capital. 5/24/2018 – Canadian Imperial Bank of Commerce had its price target raised by analysts at Barclays PLC from C$133.00 to C$138.00.

  CM traded up C$0.59 on Wednesday, reaching C$115.86. 987,570 shares of the stock were exchanged, compared to its average volume of 1,290,708. Canadian Imperial Bank of Commerce has a fifty-two week low of C$103.84 and a fifty-two week high of C$124.37.

• [By Joseph Griffin]

  Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.