Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

The Channel

  1. Bad news for Dems

    3 minutes ago
    TheMoneyIllusion
  2. Central Bank Buying Of Gold Hits...

    about 2 hours ago
    Silver Doctors
  3. Ron Paul: US Neocons Are RAGING MAD As...

    about 12 hours ago
    Silver Doctors
  4. Is MAGA Extinguishing The Need For Gold?

    about 14 hours ago
    Silver Doctors
  5. The Mixed Blessing Of Falling Birth...

    about 18 hours ago
    Silver Doctors
  6. Ticking Time Bomb In The Treasury...

    about 20 hours ago
    Wall Street Examiner
  7. Gregory Mannarino: It’s Time For The...

    about 22 hours ago
    Silver Doctors
  8. China’s Retail Sales Growth YoY Falls...

    about 23 hours ago
    Wall Street Examiner

Trade Idea of the Day Presented by: The Fly

uniQure jumps after Chardan boosts price target to $175 from $100

Chardan analyst Gbola Amusa raised his price target for uniQure (QURE) to $175 from $100 to reflect the company's opportunity in Huntington's disease. The stock in morning trading is up 4.5%, or $2.63, to $61.64. uniQure, a Chardan Top Pick for 2019, could be headed towards a $5B-$10B valuation as support emerges for... Read More

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Camping World (CWH) downgraded to Sector Weight from Overweight at KeyBanc with analyst Bret Andress saying the RV industry is performing about as expected, but higher fixed costs and an "uninspiring" Gander trajectory are likely to result in further downside to estimates. 2. Wolverine World Wide (WWW) downgraded to Hold from Buy at Argus with analyst John Staszak saying that spending on footwear will still grow over the longer term as consumer confidence improves and points to the company cutting of expenses and "pruning" of underperforming brands, but also sees the gains derived from these efforts as being reflected in Wolverine World Wide stock price. 3. NeoPhotonics (NPTN) downgraded to Neutral from Buy at MKM Partners and to Hold...

Fly Intel: Pre-market Movers

HIGHER: Cray (CRAY), up 16% after the company announced an agreement under which Hewlett Packard Enterprise (HPE) will acquire it for $35 per share in cash, in a transaction valued at approximately $1.3B, net of cash... Under Armour (UAA), up 3% after JPMorgan analyst Matthew Boss upgraded the stock to Overweight from Neutral and raised his price target for the shares to $29 from $23. After meeting with management including CEO Kevin Plank, Boss says the clear tone from the top was "controlled confidence" in the brand direction with "disciplined" fiscal 2020 global top- and bottom-line growth acceleration. Achillion (ACHN), up 10% after announcing interim data from a Phase 2 paroxysmal nocturnal hemoglobinuria trial assessing the safety and effectiveness of its oral small...

Housing Starts Increased to 1.235 Million Annual Rate in April

Privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,235,000. This is 5.7 percent above the revised March estimate of 1,168,000, but is 2.5 percent below the April 2018 rate of 1,267,000. Single‐family housing starts in April were at a rate of 854,000; this is 6.2 percent above the revised March figure of 804,000. The April rate for units in buildings with five units or more was 359,000. Privately‐owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,296,000. This is 0.6 percent above the revised March rate of 1,288,000, but is 5.0 percent below the April 2018 rate of 1,364,000. Single‐family authorizations in April were at a rate of 782,000; this is 4.2 percent below the revised March figure of 816,000...

U.S. Births decreased in 2018, "Lowest number of births in 32 years"

From the National Center for Health Statistics: Births: Provisional Data for 2018. The NCHS reports: The provisional number of births for the United States in 2018 was 3,788,235, down 2% from 2017 and the lowest number of births in 32 years. The general fertility rate was 59.0 births per 1,000 women aged 15–44, down 2% from 2017 and another record low for the United States. The total fertility rate declined 2% to 1,728.0 births per 1,000 women in 2018, another record low for the nation. Birth rates declined for nearly all age groups of women under 35, but rose for women in their late 30s and early 40s. The birth rate for teenagers aged 15–19 was down 7% in 2018 to 17.4 births per 1,000 women; rates declined for both younger (aged 15–17) and older (aged 18–19) teenagers. Here is a long...

Fly Intel: What to watch in Walmart earnings report

Walmart (WMT) is scheduled to report results of its first quarter before the market open on Thursday, May 16, with a conference call scheduled for 8:00 am EDT. What to watch for: 1. OUTLOOK: In February, Walmart reiterated its fiscal 2020 guidance, including sales growth of 3% or greater. Walmart U.S. comp sales growth is expected to be 2.5%-3% and eCommerce net sales growth is expected to be around 35% for FY20, the company said. Earnings per share are expected to be down by a low single digit percentage vs. fiscal 2019. The current Street forecast for EPS and revenue are $4.76 and $528.3B, respectively. The company previously said it was moving to an annual guidance framework with its quarterly updates, and that ...

Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tyson Foods (TSN) upgraded to Outperform from Neutral at Credit Suisse and to Buy from Hold at Argus. 2. Coca-Cola (KO) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Dara Mohsenian saying the company's growth outlook is "clearly superior" relative to the packaged goods space, but this is not reflected in the current share price. 3. Capital One (COF) upgraded to Buy from Hold at Jefferies with analyst John Hecht saying he expects the stock to benefit from "bigger payouts and improving efficiencies." 4. Deckers Brands (DECK) upgraded to Positive from Neutral at Susquehanna. 5. Agco (AGCO) upgraded to Overweight from Neutral at JPMorgan with analyst Ann Duignan saying given...

Small Business Optimism Index increased in April

CR Note: Most of this survey is noise, but there is some information, especially on the labor market and the "Single Most Important Problem".From the National Federation of Independent Business (NFIB): April 2019 Report: Small Business Optimism IndexThe Small Business Optimism Index improved increasing 1.7 points to 103.5. One Index component fell, one was unchanged, and eight improved. More new jobs were created in April, although at a slower pace than in the last quarter, with a net addition of 0.32 workers per firm. Twenty-four percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, 1 point below the record high. The index increased to 103.5 in April. Note: Usually small business owners complain about taxes and regulations (currently 2nd and 3rd on the "Single Most Important Problem" list)...

Fly Intel: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Pinterest (PINS) initiated with an Outperform at Baird, a Buy at Citi, a Sector Perform at RBC Capital, a Hold at Deutsche Bank, a Neutral at Credit Suisse, UBS, BofA/Merrill, Goldman Sachs, and JPMorgan, and an Equal Weight at Barclays. 2. Zoom Video (ZM) initiated with an Overweight at JPMorgan and Piper Jaffray, a Buy at BofA/Merrill, a Market Perform at Wells Fargo and JMP Securities, a Sector Perform at RBC Capital, a Sector Weight at KeyBanc, an Equal Weight at Morgan Stanley, a Hold at Stifel, and a Neutral at Credit Suisse and Goldman Sachs. 3. Turning Point Therapeutics (TPTX) initiated with an Outperform at Wells Fargo and a Buy at Canaccord and Goldman Sachs. 4. Brigham Minerals (MNRL) initiated with an Overweight at Piper Jaffray and Barclays, an Outperform at Wells Fargo, RBC Capital, and Credit Suisse, and a Buy at Goldman Sachs and...

Recent Tweets @InvestChannel

Follow Us on Twitter