June 7, 2018: Markets opened slightly mixed Thursday and only the blue chips were able to keep trading in the green from the entire day. The tech sector took the brunt of the beating and traded down more than 1% late in the afternoon, dragging the Nasdaq Composite with it. The day’s top performing sector was energy, up more than 1.5%.
WTI crude oil for July delivery closed at $65.95 a barrel, up about 1.9% for the day. August gold added about 0.1% on the day to settle at $1,303.00. Equities were headed for a mixed �close about 10 minutes before the bell as the Dow traded up 0.30% for the day, the S&P 500 traded down 0.16%, and the Nasdaq Composite traded down 0.76%.
Bitcoin futures (XBTM8) for June delivery traded at $7,700, up about 2.3% on the CBOE after opening at $7,645 this morning. The trading range today was $7,645 to $7,770.
The Dow stock posting the largest daily percentage gain ahead of the close Thursday was McDonald’s Corp. (NYSE: MCD) which traded up 4.38% at $169.50. The stock’s 52-week range is $146.84 to $178.70. Volume was about 20% above the daily average of around 4 million shares. The fast-food giant’s stock received an analyst’s upgrade this morning. The WSJ reports that the company also plans a new round of layoffs. That always perks up the stock.
Best Blue Chip Stocks To Buy For 2019: Durect Corporation(DRRX)
Advisors' Opinion:- [By Stephan Byrd]
Algert Global LLC lifted its stake in Durect Co. (NASDAQ:DRRX) by 338.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 498,711 shares of the specialty pharmaceutical company’s stock after acquiring an additional 385,088 shares during the quarter. Algert Global LLC’s holdings in Durect were worth $1,067,000 as of its most recent SEC filing.
- [By Brian Orelli]
DURECT Corp. (NASDAQ:DRRX) is down 9.2% at 12:45 p.m. EDT after the U.S. Food and Drug Administration's advisory committee voted�14 to 3 recommending the agency not approve Remoxy ER, an abuse-deterrent extended-release pain medication being developed by its partner Pain Therapeutics�(NASDAQ: PTIE).
- [By Chris Lange]
Durect Corp. (NASDAQ: DRRX) is also expecting a PDUFA date for its NDA of RBP-7000 in late July. The schizophrenia treatment has a target action date of July 28, 2018.
Best Blue Chip Stocks To Buy For 2019: Great Southern Bancorp, Inc.(GSBC)
Advisors' Opinion:- [By Stephan Byrd]
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Best Blue Chip Stocks To Buy For 2019: Build-A-Bear Workshop, Inc.(BBW)
Advisors' Opinion:- [By Lisa Levin]
Clearside Biomedical, Inc. (NASDAQ: CLSD) shares declined 32.19 percent to close at $9.86 on Thursday. Clearside Biomedical disclosed that its Phase 2 trial of CLS-TA met primary and secondary endpoints met in 6-month trial. scPharmaceuticals Inc. (NASDAQ: SCPH) shares dipped 30.1 percent to close at $9.94 on Thursday after the FDA identified deficiencies in the company’s New Drug Application for FUROSCIX. However, the FDA letter did not specify deficiencies identified and notification does not reflect final decision on information under review. Euroseas Ltd. (NASDAQ: ESEA) fell 24.08 percent to close at $1.86. Euroseas announced completion of the spin-off of its drybulk fleet into EuroDry Ltd. Golar LNG Limited (NASDAQ: GLNG) fell 25.09 percent to close at $25.98 following Q1 results. Oragenics, Inc. (NASDAQ: OGEN) shares dropped 25 percent to close at $1.50 on Thursday. Guess', Inc. (NYSE: GES) dropped 19.44 percent to close at $19.60 following Q1 results. Cantel Medical Corp. (NYSE: CMD) dropped 15.94 percent to close at $109.09 on Thursday following FQ3 results. Fusion Connect, Inc. (NASDAQ: FSNN) shares fell 15.55 percent to close at $3.91. Build-A-Bear Workshop, Inc. (NYSE: BBW) dropped 14.44 percent to close at $8.00 after reporting Q1 results. Dollar Tree, Inc. (NASDAQ: DLTR) shares declined 14.28 percent to close at $82.59 after the company reported weaker-than-expected earnings for its first quarter and lowered its FY2018 earnings guidance. Titan Machinery Inc. (NASDAQ: TITN) dropped 13.94 percent to close at $18.09 after reporting Q1 results. Co-Diagnostics, Inc. (NASDAQ: CODX) declined 13.17 percent to close at $2.90 after declining 5.65 percent on Wednesday. Concordia International Corp. (NASDAQ: CXRX) fell 12.89 percent to close at $0.2440 after the company announced that it would be delisted from the Nasdaq. Sears Holdings Corporation (NASDAQ: SHLD) slipped 12.46 percent - [By Joseph Griffin]
News coverage about Build-A-Bear Workshop (NYSE:BBW) has been trending somewhat negative on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Build-A-Bear Workshop earned a media sentiment score of -0.07 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 43.9525750448852 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By Lisa Levin] Companies Reporting Before The Bell Dollar Tree, Inc. (NASDAQ: DLTR) is expected to report quarterly earnings at $1.23 per share on revenue of $5.56 billion. Express, Inc. (NYSE: EXPR) is projected to report quarterly loss at $0.02 per share on revenue of $466.25 million. Dollar General Corporation (NYSE: DG) is estimated to report quarterly earnings at $1.4 per share on revenue of $6.20 billion. Tech Data Corporation (NASDAQ: TECD) is expected to report quarterly earnings at $1.46 per share on revenue of $8.13 billion. Burlington Stores, Inc. (NYSE: BURL) is estimated to report quarterly earnings at $1.09 per share on revenue of $1.49 billion. Ciena Corporation (NYSE: CIEN) is projected to report quarterly earnings at $0.3 per share on revenue of $726.56 million. American Eagle Outfitters, Inc. (NYSE: AEO) is expected to report quarterly earnings at $0.22 per share on revenue of $806.17 million. Titan Machinery Inc. (NASDAQ: TITN) is estimated to report quarterly loss at $0.08 per share on revenue of $276.27 bmillion. Donaldson Company, Inc. (NYSE: DCI) is projected to post quarterly earnings at $0.52 per share on revenue of $682.68 million. Ship Finance International Limited (NYSE: SFL) is expected to report quarterly earnings at $0.21 per share on revenue of $92.08 million. Perry Ellis International, Inc. (NASDAQ: PERY) is projected to report quarterly earnings at $0.67 per share on revenue of $232.30 million. Kirkland's, Inc. (NASDAQ: KIRK) is estimated to report quarterly loss at $0.09 per share on revenue of $140.83 million. Build-A-Bear Workshop, Inc. (NYSE: BBW) is expected to report quarterly earnings at $0.18 per share on revenue of $90.20 million. J.Jill, Inc. (NYSE: JILL) is projected to report quarterly earnings at $0.19 per share on revenue of $160.50 million. Christopher & Banks Corporation (NYSE: CBK) is expected to report quarterly loss at $0.08 per share on revenue of $89.35 million.
Best Blue Chip Stocks To Buy For 2019: Loral Space and Communications Inc.(LORL)
Advisors' Opinion:- [By Stephan Byrd]
Loral Space & Communications Ltd. (NASDAQ:LORL) was upgraded by BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Tuesday.
- [By Max Byerly]
Loral Space & Communications (NASDAQ:LORL) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
- [By Stephan Byrd]
Loral Space & Communications Ltd. (NASDAQ: LORL) and Maxar Technologies (NYSE:MAXR) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation and risk.
Best Blue Chip Stocks To Buy For 2019: Sally Beauty Holdings, Inc.(SBH)
Advisors' Opinion:- [By Shane Hupp]
Sally Beauty (NYSE:SBH)‘s stock had its “market perform” rating reaffirmed by equities researchers at Cowen in a research report issued on Wednesday. The analysts noted that the move was a valuation call.
- [By Logan Wallace]
Sei Investments Co. lessened its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 86.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 37,811 shares of the specialty retailer’s stock after selling 251,473 shares during the quarter. Sei Investments Co.’s holdings in Sally Beauty were worth $622,000 at the end of the most recent quarter.
- [By Stephan Byrd]
BMO Capital Markets set a $16.00 price target on Sally Beauty (NYSE:SBH) in a report published on Friday. The firm currently has a hold rating on the specialty retailer’s stock.
- [By WWW.GURUFOCUS.COM]
For the details of ARISTOTLE FUND LP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=ARISTOTLE+FUND+LP
These are the top 5 holdings of ARISTOTLE FUND LPTravelport Worldwide Ltd (TVPT) - 1,811,100 shares, 32.82% of the total portfolio. Shares added by 0.67%Web.com Group Inc (WEB) - 993,000 shares, 19.94% of the total portfolio. JC Penney Co Inc (JCP) - 4,739,000 shares, 15.87% of the total portfolio. Shares added by 420.20%Office Depot Inc (ODP) - 5,243,000 shares, 12.5% of the total portfolio. Shares added by 21.70%Sally Beauty Holdings Inc (SBH) - 596,900 shares, 10.89% o - [By Stephan Byrd]
Secoo (NASDAQ: SECO) and Sally Beauty (NYSE:SBH) are both small-cap retail/wholesale companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, dividends, analyst recommendations, risk, profitability and institutional ownership.
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