Best Low Price Stocks To Own Right Now

tags:PBH,BBY,GAPFF, The U.S. Commerce Department backed Boeing in its challenge to Bombardier, recommending an enormous tariff on sales of Bombardier's C Series jetliner, a major blow to the Canadian plane maker.

The initial ruling by the International Trade Commission, an arm of the Commerce Department, recommends a 219.63% tariff on the delivery of each airliner, according to a person briefed on the ITC's findings.

Boeing (BA), America's largest exporter and sole U.S. producer of commercial airliners, is suing Bombardier. At issue is whether Bombardier received financial backing from the Canadian government that allowed the plane maker to stay afloat and sell to Delta for what Boeing alleges were "absurdly low prices."

"The U.S. values its relationships with Canada, but even our closest allies must play by the rules," said Commerce Secretary Wilbur Ross in a statement. "The subsidization of goods by foreign governments is something that the Trump Administration takes very seriously, and we will continue to evaluate and verify the accuracy of this preliminary determination."

Best Low Price Stocks To Own Right Now: Prestige Brand Holdings Inc.(PBH)

Advisors' Opinion:

• [By Stephan Byrd]

  SG Americas Securities LLC increased its position in Prestige Brands (NYSE:PBH) by 103.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,597 shares of the company’s stock after acquiring an additional 8,431 shares during the period. SG Americas Securities LLC’s holdings in Prestige Brands were worth $560,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Premium Brands (TSE:PBH) had its target price increased by TD Securities from C$140.00 to C$145.00 in a research note published on Thursday. The firm currently has an action list buy rating on the stock.

• [By Ethan Ryder]

  Prestige Brands Holdings, Inc. (NYSE:PBH) – Investment analysts at Gabelli cut their FY2019 earnings estimates for shares of Prestige Brands in a research report issued on Tuesday, July 3rd. Gabelli analyst Z. Bodini now anticipates that the company will post earnings of $3.00 per share for the year, down from their prior forecast of $3.05. Gabelli also issued estimates for Prestige Brands’ FY2020 earnings at $3.35 EPS, FY2021 earnings at $3.75 EPS, FY2022 earnings at $4.20 EPS and FY2023 earnings at $4.65 EPS.

• [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19
• [By Lisa Levin]

  Prestige Brands Holdings, Inc. (NYSE: PBH) shares were also up, gaining 23 percent to $35.07 after the company posted upbeat Q4 earnings.

  Equities Trading DOWN

Best Low Price Stocks To Own Right Now: Best Buy Co., Inc.(BBY)

Advisors' Opinion:

• [By Leo Sun]

  Best Buy (NYSE:BBY) recently partnered with�Amazon to sell Fire TVs, which will be produced by its in-house Insignia brand and Toshiba, in its stores and website this summer. Best Buy will also become a Fire TV merchant on Amazon's website.

• [By Jeremy Bowman]

  Shares of�Best Buy Co�(NYSE:BBY) finished lower today after the electronics retailer posted strong results in its first-quarter earnings, but offered a weak outlook. The subsequent sell-off fit a pattern this earnings season as retailers have widely reported strong first quarters, but many of the sector's stocks fell on the news as investors remain skeptical about brick-and-mortar retailers.

• [By Adam Levy]

  Roku (NASDAQ:ROKU) lists Amazon (NASDAQ:AMZN) as one of its biggest competitors in its quarterly filings with the Securities and Exchange Commission. And its competition with Amazon just got a bit bigger, after the online retailer announced a partnership with Best Buy (NYSE:BBY) to sell several new Fire TV Edition smart TVs.

• [By Stephan Byrd]

  Best Buy Co Inc (NYSE:BBY) – Stock analysts at Wedbush raised their Q2 2019 earnings per share estimates for Best Buy in a research note issued on Thursday, May 24th. Wedbush analyst M. Pachter now anticipates that the technology retailer will post earnings per share of $0.86 for the quarter, up from their previous estimate of $0.85. Wedbush currently has a “Sell” rating and a $48.00 target price on the stock. Wedbush also issued estimates for Best Buy’s Q4 2019 earnings at $2.39 EPS, FY2019 earnings at $5.05 EPS, Q1 2020 earnings at $0.86 EPS, Q3 2020 earnings at $1.10 EPS, Q4 2020 earnings at $2.53 EPS and FY2020 earnings at $5.36 EPS.

• [By Shane Hupp]

  Peel Hunt reissued their buy rating on shares of Balfour Beatty (LON:BBY) in a research report released on Wednesday morning.

  A number of other brokerages have also weighed in on BBY. Barclays assumed coverage on shares of Balfour Beatty in a report on Thursday, June 7th. They set an equal weight rating and a GBX 310 ($4.13) price objective on the stock. Liberum Capital reissued a buy rating on shares of Balfour Beatty in a report on Friday, June 8th. Finally, Numis Securities reissued a buy rating and set a GBX 350 ($4.66) price objective on shares of Balfour Beatty in a report on Wednesday, March 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 342 ($4.55).

Best Low Price Stocks To Own Right Now: Aimia Inc. (GAPFF)

Advisors' Opinion:

• [By SEEKINGALPHA.COM]

  Aimia (OTCPK:GAPFF) (TSX: AIM, AIM.PR.A, AIM.PR.B, AIM.PR.C)

  As some background, we are intimately familiar with Aeroplan and Air Canada (OTCQX:ACDVF) not just as investors but as extraordinarily heavy consumers. As both an Air Canada top tier elite and Aeroplan top tier member I generate well in excess of 1.5 million Aeroplan miles annually, half from flying Air Canada and its partners and the other half from spending. As consumers we were concerned with Air Canada's decision (though we expect more details to come out that will alleviate these concerns) but as investors we understand that the fundamental business model of mileage programs are incredibly attractive and that Aimia presents an incredibly rare and lucrative investment opportunity for the investor discerning enough to dig into the company.

Ferroglobe (GSM) Rating Lowered to D+ at TheStreet

TheStreet cut shares of Ferroglobe (NASDAQ:GSM) from a c- rating to a d+ rating in a research report sent to investors on Friday.

GSM has been the subject of a number of other reports. JPMorgan Chase & Co. increased their price objective on shares of Ferroglobe from $13.50 to $15.00 and gave the company an overweight rating in a report on Wednesday, May 23rd. Zacks Investment Research raised shares of Ferroglobe from a sell rating to a hold rating in a report on Tuesday, May 29th. BidaskClub lowered shares of Ferroglobe from a sell rating to a strong sell rating in a report on Tuesday, June 5th. B. Riley cut their price objective on shares of Ferroglobe from $20.00 to $18.00 and set a buy rating for the company in a report on Wednesday, May 23rd. Finally, Oppenheimer set a $20.00 price objective on shares of Ferroglobe and gave the company a buy rating in a report on Thursday, March 29th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $18.50.

Get Ferroglobe alerts:

Ferroglobe opened at $8.25 on Friday, MarketBeat Ratings reports. The company has a market capitalization of $1.47 billion, a P/E ratio of 63.46 and a beta of 1.58. Ferroglobe has a 12-month low of $8.38 and a 12-month high of $17.61. The company has a quick ratio of 0.66, a current ratio of 1.54 and a debt-to-equity ratio of 0.49.

Ferroglobe (NASDAQ:GSM) last released its earnings results on Monday, May 21st. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.03. Ferroglobe had a net margin of 3.59% and a return on equity of 6.86%. The company had revenue of $560.70 million during the quarter, compared to analyst estimates of $559.12 million. analysts forecast that Ferroglobe will post 0.95 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, June 29th. Investors of record on Friday, June 8th were given a $0.06 dividend. The ex-dividend date of this dividend was Thursday, June 7th. This represents a $0.24 dividend on an annualized basis and a yield of 2.91%. Ferroglobe’s dividend payout ratio is presently 184.62%.

A number of institutional investors and hedge funds have recently modified their holdings of GSM. Millennium Management LLC lifted its position in shares of Ferroglobe by 44.8% during the first quarter. Millennium Management LLC now owns 5,602,338 shares of the basic materials company’s stock worth $60,113,000 after purchasing an additional 1,733,468 shares during the last quarter. Park West Asset Management LLC bought a new stake in shares of Ferroglobe during the first quarter worth $10,730,000. Paradice Investment Management LLC lifted its position in shares of Ferroglobe by 26.6% during the first quarter. Paradice Investment Management LLC now owns 4,446,354 shares of the basic materials company’s stock worth $47,709,000 after purchasing an additional 933,319 shares during the last quarter. OppenheimerFunds Inc. lifted its position in shares of Ferroglobe by 43.2% during the first quarter. OppenheimerFunds Inc. now owns 1,789,400 shares of the basic materials company’s stock worth $19,201,000 after purchasing an additional 539,680 shares during the last quarter. Finally, Castleark Management LLC bought a new stake in shares of Ferroglobe during the fourth quarter worth $7,340,000. Institutional investors own 42.71% of the company’s stock.

Ferroglobe Company Profile

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company offers silicone chemicals used in a range of applications, including personal care items, construction-related products, health care products, and electronics, as well as silicon metal for primary and secondary aluminum producers; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel.