Redfin (RDFN), or "Real Estate Redefined" in an abbreviated form, is one of the exciting new unicorn IPOs of 2017. Taking the massive real estate market and flipping it on its head is the goal of RDFN. They are attempting to be a disruptor in the space, and the Q2 2017 results show some great promise going forward. Knowledgeable real estate names like Zillow (ZG) CEO Spencer Rascoff realize RDFN is a large threat to the industry as a whole. By streamlining the home buying process and lowering broker fees, RDFN looks to make buying a home cheaper and easier. Technology is the foundation of the company, and young millennial home buyers aged 25-40 are the target audience. As this generation ages over the next 5-10 years, Redfin can expand with the tech savvy masses. Redfin is poised for some large growth years ahead of it, but the stock price is certainly more of a question mark. While I am impressed by the growth rate and results, the stock sits at quite the lofty valuation. Let's take a look at the Q2 numbers and see if it is worth its $2.2B valuation at the moment.
Hot Cheap Stocks To Invest In Right Now: International Business Machines Corporation(IBM)
Advisors' Opinion:- [By Anders Bylund, Leo Sun, and Demitrios Kalogeropoulos]
IBM (NYSE:IBM) is the market leader in blockchain technologies, but its core business is filled with legacy operations offsetting the higher growth of its cloud, mobile, analytics, security, and social businesses. As a result, analysts expect IBM's revenue and earnings to only rise about 1% this year.
- [By Joseph Griffin]
Investors bought shares of IBM (NYSE:IBM) on weakness during trading hours on Friday. $162.97 million flowed into the stock on the tick-up and $68.34 million flowed out of the stock on the tick-down, for a money net flow of $94.63 million into the stock. Of all equities tracked, IBM had the 12th highest net in-flow for the day. IBM traded down ($0.29) for the day and closed at $151.21
- [By ]
International Business Machines Corp. (IBM) shares were falling Tuesday after Big Blue beat first quarter earnings and revenue expectations.
The company beat estimates, reporting diluted earnings per share of $2.45 compared to analysts' prediction of $2.42 on a non-GAAP basis. The company reported revenue of $19.1 billion compared to estimates of $18.8 billion.
Hot Cheap Stocks To Invest In Right Now: USG Corporation(USG)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on USG (USG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Jordan Wathen]
As USG Corporation (NYSE:USG) drags its feet on an offer to sell the company for $42 per share, Berkshire intends to use its 30.8% ownership stake to motivate its top brass to make a deal. Berkshire told Bloomberg it intends to vote its shares against USG's board members who are up for re-election at this year's annual meeting, a clear message that Buffett is ready to cash in, even if USG's management and board are not.
- [By Stephan Byrd]
ValuEngine upgraded shares of USG (NYSE:USG) from a buy rating to a strong-buy rating in a report published on Tuesday.
A number of other research analysts have also recently weighed in on the stock. Credit Suisse Group upgraded shares of USG from an underperform rating to a neutral rating and dropped their target price for the company from $35.00 to $24.00 in a research note on Friday, April 27th. Jefferies Group reiterated a hold rating and issued a $40.00 target price on shares of USG in a research note on Monday, April 23rd. SunTrust Banks boosted their target price on shares of USG from $42.00 to $44.00 and gave the company a hold rating in a research note on Tuesday, April 17th. Buckingham Research boosted their target price on shares of USG from $34.00 to $42.00 and gave the company a neutral rating in a research note on Monday, April 16th. Finally, Nomura boosted their target price on shares of USG from $39.00 to $44.00 and gave the company a neutral rating in a research note on Tuesday, March 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $39.00.
Hot Cheap Stocks To Invest In Right Now: Compass Minerals Intl Inc(CMP)
Advisors' Opinion:- [By Stephan Byrd]
Compcoin (CURRENCY:CMP) traded flat against the US dollar during the 24-hour period ending at 11:00 AM E.T. on October 13th. During the last seven days, Compcoin has traded up 12.6% against the US dollar. One Compcoin coin can currently be purchased for approximately $12.20 or 0.00130307 BTC on cryptocurrency exchanges. Compcoin has a total market cap of $0.00 and approximately $0.00 worth of Compcoin was traded on exchanges in the last 24 hours.
- [By Joseph Griffin]
Rhumbline Advisers boosted its stake in Compass Minerals International, Inc. (NYSE:CMP) by 1.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 61,295 shares of the basic materials company’s stock after acquiring an additional 991 shares during the quarter. Rhumbline Advisers owned about 0.18% of Compass Minerals International worth $4,030,000 at the end of the most recent reporting period.
- [By Max Byerly]
Several brokerages have weighed in on CMP. Zacks Investment Research raised Compass Minerals International from a “strong sell” rating to a “hold” rating in a report on Wednesday. ValuEngine cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. Monness Crespi & Hardt dropped their price objective on Compass Minerals International from $76.00 to $63.00 and set a “buy” rating for the company in a report on Friday, November 2nd. BMO Capital Markets dropped their price objective on Compass Minerals International from $65.00 to $60.00 and set a “market perform” rating for the company in a report on Friday, November 2nd. Finally, Credit Suisse Group raised Compass Minerals International from an “underperform” rating to a “neutral” rating and set a $49.00 price objective for the company in a report on Tuesday, November 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $62.34.
WARNING: “Compass Minerals International, Inc. (CMP) Shares Sold by Kovack Advisors Inc.” was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/4151975/compass-minerals-international-inc-cmp-shares-sold-by-kovack-advisors-inc.html.About Compass Minerals International
- [By Jordan Wathen, Matthew Frankel, CFP, and Dan Caplinger]
Here, three Fool.com contributors share why they believe Compass Minerals (NYSE:CMP), Chubb (NYSE:CB), and Realty Income (NYSE:O) exhibit the kind of traits found in many of Buffett's best investments.
Hot Cheap Stocks To Invest In Right Now: Kohl's Corporation(KSS)
Advisors' Opinion:- [By Adam Levine-Weinberg]
Amazon stock slumped following the announcement, as investors worried about rising costs. Shares of other retailers were hit even harder, due to fears that Amazon's move will force them to raise employees' wages significantly. Top department store chains Macy's (NYSE:M) and Kohl's (NYSE:KSS) were particularly hard-hit. Yet investors have probably overreacted to this news. As a result, Kohl's stock and (especially) Macy's stock look cheap right now.
- [By JJ Kinahan]
It’s all retail all the time this week, with Kohl’s Corporation (NYSE: KSS), Target Corporation (NYSE: TGT), Lowe’s Companies, Inc. (NYSE: LOW), Gap Inc. (NYSE: GPS), Foot Locker, Inc. (NYSE: FL), and Tiffany & Co (NYSE: TIF) among the big names scheduled to report. Last week saw mixed signals from retailers, with Macy’s Inc. (NYSE: M) and Walmart Inc. (NYSE: WMT) both delivering impressive results while J.C. Penney Company Inc. (NYSE: JCP) and Nordstrom, Inc. (NYSE: JWN) received poor reviews from the Street. TGT is arguably the biggest one to watch in the days ahead (see more detail below).
- [By Jon C. Ogg]
Kohl’s Corp. (NYSE: KSS) was raised to Neutral from Underweight at Atlantic Equities. Kohl’s was up 7.3% at $71.33 a share on Tuesday, and the prior consensus target price was $75.31.
- [By Jeremy Bowman]
Shares of department store stocks, including Macy's (NYSE:M), Nordstrom (NYSE:JWN), Kohl's (NYSE:KSS), and J.C. Penney (NYSE:JCP), were down broadly today after Macy's reported second-quarter earnings this morning. Oddly, Macy's turned in a strong quarter. But the market seemed to see an opportunity to take profits in the sector as department store stocks have already run up considerably so far this year, and fears about the threat from e-commerce persist.
- [By ]
The reluctance of millennials to spend their tax cuts could hurt the stock prices of many consumer companies. Shares of department stores such as Kohl's (KSS) and an electronics retailer like Best Buy (BBY) have run up this year on expectations of consumers shopping till they drop this spring/summer. Considering there are more than 83 million millennials in the U.S., that's a big pool of humans letting down some of the country's biggest companies.
Hot Cheap Stocks To Invest In Right Now: Emerson Electric Company(EMR)
Advisors' Opinion:- [By Stephan Byrd]
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
Get Emerson Electric alerts: Stocks This Week: Wells Fargo, Emerson Electric and CSX (finance.yahoo.com) Emerson Electric (EMR) & Philips (PHG) Financial Review (americanbankingnews.com) Emerson Electric (EMR) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com) Is It Time To Buy Emerson Electric Co (NYSE:EMR)? (finance.yahoo.com) Emerson Electric: An Autonomous Future (seekingalpha.com)EMR has been the topic of a number of research reports. Zacks Investment Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Thursday, February 8th. UBS initiated coverage on shares of Emerson Electric in a research note on Monday, January 22nd. They issued a “buy” rating and a $73.26 price objective on the stock. Cowen reissued a “buy” rating and issued a $78.00 price objective on shares of Emerson Electric in a research note on Wednesday, April 18th. Stifel Nicolaus increased their price objective on shares of Emerson Electric from $79.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 3rd. Finally, Berenberg Bank raised shares of Emerson Electric from a “sell” rating to a “hold” rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 24th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Emerson Electric has a consensus rating of “Hold” and a consensus price target of $73.00.
- [By Lee Samaha]
In common with many other industrial companies, like Danaher, Pentair has been taking action to become a more focused investment proposition for investors. The sale of its valves and controls business to Emerson Electric (NYSE:EMR) in the spring of 2017 turned out to be well-timed for Emerson, as it occurred precisely at the time when oil and gas capital spending started picking up.
- [By Lee Samaha]
Indeed, companies like Caterpillar (NYSE:CAT) and Emerson Electric (NYSE:EMR) are seeing increased demand for their capital equipment. Emerson's process-automation orders are growing strongly as its heavy-industry customers are spending again, while Caterpillar's sales in the resource industries segment may well be in the early innings of a multiyear upcycle.
- [By Benzinga News Desk]
Former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife, Barbara, a spokesman said Monday: Link
ECONOMIC DATA Redbook Reports US Retail Sales During First 2 Weeks Of Apr. Up 0.3% MoM, Up 2.8% YoY USA S&P/CaseShiller House Price Index (MoM) for Feb Up 0.7% MoM New home sales report for March will be released at 10:00 a.m. ET. The Conference Board’s consumer sentiment index for April is schedule for release at 10:00 a.m. ET. The Richmond Fed manufacturing index for April will be released at 10:00 a.m. ET. The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET. The Treasury will auction 2-year notes at 1:00 p.m. ET. ANALYST RATINGS Leerink upgraded Cardinal Health (NYSE: CAH) from Market Perform to Outperform Berenberg upgraded Emerson Electric (NYSE: EMR) from Sell to Hold Mizuho downgraded Skyworks (NASDAQ: SWKS) from Buy to Neutral BMO downgraded Texas Roadhouse (NASDAQ: TXRH) from Outperform to Market PerformThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Logan Wallace]
D.A. Davidson & CO. lifted its position in shares of Emerson Electric (NYSE:EMR) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 574,584 shares of the industrial products company’s stock after buying an additional 7,640 shares during the period. Emerson Electric makes up about 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 25th biggest holding. D.A. Davidson & CO.’s holdings in Emerson Electric were worth $39,244,000 at the end of the most recent reporting period.
