Thursday, August 2, 2018

Top 10 Stocks To Own For 2019

tags:LGEAF,INWK,IMO,SJT,SAR,CBD,FSB,IBOC,CMO,CCM,

As concerns about Gilead Sciences (GILD) mount, Maxim’s Jason Kolbert are bullish on the biotech giant’s HIV franchise but not enough to change his Hold rating on the stock:

Associated Press

We recently spoke with GILD management about the launch of Genvoya and other HIV products. Our model now factors in our forecast for patient switch trends from other Gilead products in the HIV marketplace. For example, we have been seeing the cannibalization of Stribild by Genvoya since its launch in both the U.S. and EU in November 2015. Approximately 50% of patients currently on Genvoya were previously on Stribild…

We also expect patients to switch from Atripla to Genvoya, given Atripla is no longer recommended as a first-line HIV treatment by the U.S. Department of Health & Human Services, or DHHS (it was downgraded in April 2015). Atripla had revenues of $3.1B in 2015.

Top 10 Stocks To Own For 2019: (LGEAF)

Advisors' Opinion:
  • [By SEEKINGALPHA.COM]

    Coherent's ELA deposition technology for LTPS backplane isn't used in OLED TVs, where LG (OTC:LGEAF) uses metal oxide backpanes. There was some worry by analysts whether that technology could migrate to the smartphone panel market which CEO Ambroseo could not dispel entirely, but he argued that it has not been demonstrated suitable for handsets or battery-powered devices at this point.

Top 10 Stocks To Own For 2019: InnerWorkings, Inc.(INWK)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shares of InnerWorkings, Inc. (NASDAQ:INWK) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $14.00.

  • [By Ethan Ryder]

    Total System Services (NYSE: TSS) and InnerWorkings (NASDAQ:INWK) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, valuation, dividends and earnings.

  • [By Garrett Baldwin]

    Shares of Ford Motor Co.�(NYSE: F) were flat despite dismal news out of China. This morning, the company reported a 38% slump in Chinese sales during the month of June. It was a terrible first six months for the iconic vehicle manufacturer. The company said that its Chinese operations saw a 25% slide in sales over the first half of the year. That was the largest six-month decline since launching its Chinese operations in 2001. Shares of Tesla Inc. (Nasdaq: TSLA) are off more than 1% after California regulators announced a new probe into the company. The probe was announced following a safety complaint filed with the Occupational Safety and Health Administration. The agency has not provided any details on the case. Shares of Biogen Inc. (Nasdaq: BIIB) popped more than 14% after the company announced positive results from a trial for an Alzheimer's drug. The phase 2 study examined BAN2401, an anti-amyloid beta protofibril antibody. It was tested on 856 patients with early stages of Alzheimer's disease. In a research note, JPMorgan Chase & Co. (NYSE: JPM) announced that the results would be positive for Biogen's drug pipeline. Look for an earnings report Friday from InnerWorkings Inc. (Nasdaq: INWK). Wall Street projects that the company will report earnings per share of $0.09 on top of $284.9 million in revenue.

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  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on InnerWorkings (INWK)

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

Top 10 Stocks To Own For 2019: Imperial Oil Limited(IMO)

Advisors' Opinion:
  • [By Logan Wallace]

    Imperial Oil Ltd (NYSEAMERICAN:IMO) (TSE:IMO) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 11,491,321 shares, an increase of 1.1% from the May 31st total of 11,363,187 shares. Based on an average trading volume of 400,912 shares, the days-to-cover ratio is presently 28.7 days.

  • [By Shane Hupp]

    Swiss National Bank cut its position in shares of Imperial Oil (NYSEAMERICAN:IMO) (TSE:IMO) by 6.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,066,300 shares of the energy company’s stock after selling 76,100 shares during the period. Swiss National Bank owned approximately 0.13% of Imperial Oil worth $28,203,000 at the end of the most recent quarter.

Top 10 Stocks To Own For 2019: San Juan Basin Royalty Trust(SJT)

Advisors' Opinion:
  • [By Shane Hupp]

    Media stories about San Juan Basin Royalty Trust (NYSE:SJT) have trended positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. San Juan Basin Royalty Trust earned a media sentiment score of 0.34 on Accern’s scale. Accern also gave news articles about the oil and gas producer an impact score of 48.2365151407757 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Top 10 Stocks To Own For 2019: Saratoga Investment Corp(SAR)

Advisors' Opinion:
  • [By Logan Wallace]

    Shares of Saratoga Investment Corp (NYSE:SAR) reached a new 52-week high and low on Friday after an insider bought additional shares in the company. The stock traded as low as $22.95 and last traded at $22.85, with a volume of 650 shares. The stock had previously closed at $22.70.

  • [By Logan Wallace]

    ValuEngine downgraded shares of Saratoga Investment (NYSE:SAR) from a buy rating to a hold rating in a research report released on Wednesday.

    A number of other analysts have also issued reports on the stock. National Securities reiterated a neutral rating and set a $24.00 price target (up from $23.00) on shares of Saratoga Investment in a research note on Friday, January 12th. Zacks Investment Research lowered shares of Saratoga Investment from a hold rating to a sell rating in a research note on Friday, March 2nd. Finally, B. Riley initiated coverage on shares of Saratoga Investment in a research note on Tuesday, March 27th. They set a buy rating and a $23.50 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Saratoga Investment presently has a consensus rating of Buy and an average price target of $24.38.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Saratoga Investment (SAR)

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

Top 10 Stocks To Own For 2019: Companhia Brasileira de Distribuicao(CBD)

Advisors' Opinion:
  • [By Logan Wallace]

    Companhia Brasileira de Distribuicao (NYSE: CBD) and Alimentation Couche-Tard Inc Class B (OTCMKTS:ANCUF) are both retail/wholesale companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, risk, valuation, institutional ownership, earnings, analyst recommendations and profitability.

  • [By Lisa Levin] Gainers TransEnterix, Inc. (NYSE: TRXC) rose 28.8 percent to $4.03 in pre-market trading after the company disclosed that it has received the FDA clearance for expanded indications for its Senhance Surgical System. Global Eagle Entertainment Inc. (NASDAQ: ENT) rose 15.6 percent to $2.30 in pre-market trading. Companhia Brasileira de Distribuição (NYSE: CBD) rose 13.2 percent to $24.20 in pre-market trading. ZTO Express (Cayman) Inc. (NYSE: ZTO) rose 12.2 percent to $21.65 in pre-market trading. Alibaba and Cainiao agreed to make strategic investment in ZTO Express of $1.38 billion. DHI Group, Inc. (NYSE: DHX) rose 10.8 percent to $2.05 in pre-market trading. Momo Inc. (NASDAQ: MOMO) shares rose 9.6 percent to $42.68 in pre-market trading after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the second quarter. Xenon Pharmaceuticals Inc. (NASDAQ: XENE) shares rose 9.1 percent to $6.00 in pre-market trading. Universal Display Corporation (NASDAQ: OLED) rose 8.4 percent to $108.00 in pre-market trading. Jupai Holdings Limited (NYSE: JP) shares rose 7 percent to $24.50 in pre-market trading after reporting Q1 results. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) rose 5.9 percent to $10.61 in pre-market trading. Frontline Ltd. (NYSE: FRO) rose 5.9 percent to $5.04 in pre-market trading. Evogene Ltd. (NASDAQ: EVGN) rose 5.5 percent to $3.27 in pre-market trading after reporting Q1 results. Sears Holdings Corporation (NASDAQ: SHLD) rose 5.5 percent to $3.68 in pre-market trading after gaining 5.44 percent on Friday. Kitov Pharma Ltd (NASDAQ: KTOV) shares rose 5.4 percent to $2.16 in pre-market trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Shane Hupp]

    Shares of Companhia Brasileira de Distribuicao (NYSE:CBD) have received an average rating of “Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company.

Top 10 Stocks To Own For 2019: Franklin Financial Network, Inc.(FSB)

Advisors' Opinion:
  • [By Shane Hupp]

    Franklin Financial Network Inc (NYSE:FSB) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 836,831 shares, a growth of 66.9% from the May 31st total of 501,425 shares. Approximately 6.4% of the shares of the company are sold short. Based on an average daily volume of 392,524 shares, the short-interest ratio is presently 2.1 days.

  • [By Stephan Byrd]

    ValuEngine lowered shares of Franklin Financial Network (NYSE:FSB) from a hold rating to a sell rating in a research report sent to investors on Monday.

  • [By Max Byerly]

    Franklin Financial Network (NYSE:FSB) was downgraded by research analysts at Compass Point from a “neutral” rating to a “sell” rating in a research note issued on Tuesday, The Fly reports.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Franklin Financial Network (FSB)

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

  • [By Max Byerly]

    Franklin Financial Network Inc (NYSE:FSB) – Stock analysts at Piper Jaffray Companies raised their Q3 2018 EPS estimates for shares of Franklin Financial Network in a note issued to investors on Monday, July 30th. Piper Jaffray Companies analyst W. Curtiss now expects that the financial services provider will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.66. Piper Jaffray Companies currently has a “Hold” rating and a $39.00 price target on the stock.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Franklin Financial Network (FSB)

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

Top 10 Stocks To Own For 2019: International Bancshares Corporation(IBOC)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shares of International Bancshares Co. (NASDAQ:IBOC) hit a new 52-week high and low during trading on Tuesday . The stock traded as low as $44.40 and last traded at $44.25, with a volume of 11252 shares. The stock had previously closed at $43.90.

  • [By Stephan Byrd]

    International Bancshares (NASDAQ: IBOC) and First Business Financial Services (NASDAQ:FBIZ) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of International Bancshares (NASDAQ:IBOC) from a hold rating to a buy rating in a research note published on Saturday.

    International Bancshares opened at $43.65 on Friday, MarketBeat reports. International Bancshares has a 1 year low of $32.50 and a 1 year high of $43.75. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 15.97 and a beta of 1.46.

Top 10 Stocks To Own For 2019: Capstead Mortgage Corporation(CMO)

Advisors' Opinion:
  • [By Logan Wallace]

    Capstead Mortgage (NYSE:CMO) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

Top 10 Stocks To Own For 2019: Concord Medical Services Holdings Limited(CCM)

Advisors' Opinion:
  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

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

  • [By Lisa Levin] Gainers Genprex, Inc. (NASDAQ: GNPX) shares gained 86.76 percent to close at $11.00 on Thursday. Comstock Resources, Inc. (NYSE: CRK) shares climbed 47.06 percent to close at $7.00 after the company disclosed a deal with Arkoma Drilling L.P. and Williston Drilling, L.P. to buy oil & gas properties in North Dakota. Comstock announced withdrawal of tender offers for outstanding secured notes. Ceridian HCM Holding Inc. (NASDAQ: CDAY) gained 41.86 percent to close at $31.21. MarineMax, Inc. (NYSE: HZO) shares rose 26.5 percent to close at $22.20 as the company posted upbeat Q2 results and raised its FY18 outlook. Concord Medical Services Holdings Limited (NYSE: CCM) jumped 24.92 percent to close at $4.06. Mattersight Corporation (NASDAQ: MATR) shares climbed 23.26 percent to close at $2.65 after the company agreed to be purchased by NICE Ltd. Chipotle Mexican Grill, Inc. (NYSE: CMG) rose 24.44 percent to close at $422.50 as the company reported stronger-than-expected results for its first quarter on Wednesday. Ultra Clean Holdings, Inc. (NASDAQ: UCTT) gained 17.75 percent to close at $18.64 following upbeat Q1 earnings. PCM, Inc. (NASDAQ: PCMI) rose 16.59 percent to close at $12.30 following Q1 results. Zymeworks Inc. (NASDAQ: ZYME) rose 16.06 percent to close at $15.25. Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) shares climbed 14.5 percent to close at $121.42 as the company posted reported Q1 beat And raised FY18 outlook. Advanced Micro Devices, Inc. (NASDAQ: AMD) shares gained 13.7 percent to close at $11.04 as the company reported upbeat results for its first quarter. Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 13.21 percent to close at $3.00 after the company disclosed a positive outcome of the interim analysis of STRIDE-1 Phase 3 trial of AXS-05 in treatment resistant depression. O'Reilly Automotive, Inc. (NASDAQ: ORLY) jumped 13.06 percent to close at $257.40 following upbeat Q1 profit. BioTelemetry,
  • [By Max Byerly]

    Get a free copy of the Zacks research report on Concord Medical Services (CCM)

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

Wednesday, August 1, 2018

Getting a Credit Card with No Credit History

Credit cards are the most common credit-building tool available. If you use them responsibly, they can go a long way toward boosting your credit score, which in turn improves your access to better credit cards and lower interest rates. The Catch-22 is that if you don't have a credit history to speak of, you may be unable to find credit card issuers who are willing to help you build it.

But don't give up hope. Here are a few tips to help you improve your odds of getting approved for a credit card, even if you don't have any credit history.

Young male college student standing outside library

Image source: Getty Images.

Make sure you have an income

It's all about risk for credit card issuers. They want to make sure that they're going to get the money they lend you back at some point. Being able to show a steady source of income can help to set their minds at ease. The amount of income you'll need to have in order to be approved will vary from one card to the next. Obviously, the more money you have, the better your chances of approval and the higher your credit limit will be.

But more important than your income level itself is your debt-to-income ratio. This is a measure of how much money you're paying out each month to cover existing debts compared to how much money you have coming in. You could be making $100,000 a year, but if $80,000 of that is going toward existing debt, most card issuers aren't going to feel too comfortable extending you a large line of credit. Conversely, if you only make $30,000 but don't have any debt, a card issuer might look upon you more favorably. Ideally, you should try to keep your debt-to-income ratio at 36% or less. Getting a job is one way to lower this if it is high.

If you don't currently have a job, seek one out. Ideally, you can get something full time. Otherwise, look for steady, part-time work. Side gigs you work occasionally or sporadic freelance jobs aren't going to cut it.

Get a cosigner

If you're struggling to get credit on your own, you may have better luck with a cosigner. This lessens the risk to the card issuer because if you don't pay, it can get its money back from the friend or family member who put their own credit on the line for you.

It's important to think long and hard before you ask someone to cosign on your credit card. You need to use the card responsibly and make sure that you can pay the balance in full each month. If you can't, you risk placing a huge financial burden on your cosigner, which could damage your relationship. Plus, if you feel that there's a risk you might not be able to pay, that may be a sign that you're not ready for a credit card right now.

Try some alternative credit cards

Most people want to run out and buy a fancy rewards credit card right away, but these can be some of the most difficult cards to get approved for. You may need to set your sights a little lower at first until you build up a credit history.

A secured credit card is one option. These cards are real credit cards that report your payment history to the three credit bureaus each month, so they can help you build your credit as long as you pay on time. Because these cards are designed for high-risk individuals, interest rates are usually higher and there's often an annual fee -- sometimes over $100. You also have to put down a security deposit (usually around $200) that's equal to your credit limit. That way, if you don't pay back what you owe, the card issuer isn't out anything. If you do pay back what you borrow, your deposit will be refunded to you when you close the account.

College students may want to investigate student credit cards. In order to qualify, you must be at least 18 and, in most cases, you're required to provide proof of enrollment at a qualified university. Like secured credit cards, student credit cards often come with low credit limits and high interest rates and fees, so it's important to avoid carrying a balance.

If you have a favorite store that you shop at often, you may want to look into getting its store card. These cards can typically only be used at that particular store or any of its partners, and credit limits are usually lower than on a traditional credit card. However, they can still help you build credit, and there are usually fewer requirements for approval. Plus, you may be able to earn rewards that you can put toward future purchases.

The bottom line

For most people, the trickiest part is getting that first credit card. Once you've proven yourself to be a responsible payer, a host of new opportunities opens up to you -- enabling you to upgrade to that top-of-the-line rewards credit card.

Now that you understand the factors that impact your chances of credit card approval, you can work on making yourself more appealing to card issuers so you can get that first card to put in your wallet.