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Did Algonquin Power & Utilities's (TSE:AQN) Share Price Deserve to Gain 94%?

Sun, 11/10/2019 - 08:57

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

Despite Its High P/E Ratio, Is BB&T Corporation (NYSE:BBT) Still Undervalued?

Sun, 11/10/2019 - 08:54

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

These 4 Measures Indicate That AMC Entertainment Holdings (NYSE:AMC) Is Using Debt In A Risky Way

Sun, 11/10/2019 - 08:31

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

If You Had Bought Exact Sciences (NASDAQ:EXAS) Shares Three Years Ago You'd Have Made 373%

Sun, 11/10/2019 - 07:55

Exact Sciences Corporation (NASDAQ:EXAS) shareholders might be concerned after seeing the share price drop 29% in the...

3 Monster Growth Stocks That Are Still Undervalued

Sun, 11/10/2019 - 06:54

For growth stocks, Wall Street pros suggest looking at the bigger picture. We mean taking a step back and searching for names capable of rewarding investors for years to come rather than in just the short-term. However, finding these stocks with explosive growth prospects isn’t always easy.That’s where comes in. Using the platform’s in-depth market data, we were able to zero in on 3 stocks set to see huge gains in the long-run. Having earned enough support from the Street’s analysts in the last three months, all of these names have “Strong Buy” consensus ratings.If that wasn’t captivating enough, analysts note that each of the stocks’ strong growth narratives aren’t fully factored into their share prices, representing a compelling entry point.With this in mind, let’s dive in. Avalara, Inc. (AVLR) Avalara offers customers automated and cloud-based software to make it easier to comply with ever-changing tax laws. With another solid quarterly performance under its belt and an already posted year-to-date gain of 128%, analysts believe AVLR is still undervalued as it’s right on track to deliver massive returns.During its most recent quarter, AVLR was able to report a revenue and earnings beat thanks to substantial customer additions. We’re talking 810 new customers added vs J.P. Morgan analyst Sterling Auty’s estimate of 300. Not to mention the company reached an all-time high net retention rate of 113% and management guided around 25% revenue growth for 2020\. While the results represented a loss, Auty tells investors not to fear as AVLR is just getting started. “We think the stock still has room to move higher driven by these secular growth factors and a valuation that is below many other premium names,” he commented. The five-star analyst adds that its 2020 revenue guidance “likely provides ample opportunity to under promise and over deliver”. As a result, Auty kept his Buy rating and $104 price target. This target conveys his confidence in AVLR’s ability to climb 46% higher over the next twelve months. (To watch Auty’s track record, click here) Like Auty, the rest of the Street has high hopes for AVLR. As 100% of the analysts that have published ratings in the last three months were bullish, AVLR is a ‘Strong Buy’. Additionally, its $98 average price target indicates 37% upside potential. (See Avalara stock analysis on TipRanks)       The Trade Desk, Inc. (TTD)This year has seen Trade Desk cement its status as a stand-out growth name, rising 68% year-to-date to be exact. Even though shares have stumbled in the last week, several top analysts cite the online advertising marketplace as a force to be reckoned with.According to its third quarter results, it’s clear why TTD is on Wall Street’s radar. The company surpassed the consensus estimates for both revenue and earnings as well as upped its guidance for the fourth quarter. While this guidance was disappointing for some investors, SunTrust Robinson analyst Youssef Squali argues that TTD is holding up well against the expanding total available market and has been steadily improving margins. Squali also highlights TTD based on its stellar 95%-plus customer retention rate in the quarter as well as its continued efforts to capitalize on international opportunities and a more-data driven approach from agencies and brands. Meanwhile, RBC Capital’s Mark Mahaney believes that TTD is “one of the best positioned stocks to benefit from the shift to streaming” thanks to its rapidly growing connected TV (CTV) segment. The CTV business has grown about 145% year-over-year following many previous quarters of triple digit growth rates. “We estimate CTV to account for close to 20% of TTD’s Revenue in 2020 – and the recent deal with Amazon Fire TV / APS is further evidence of their strong positioning,” he noted. Bearing this in mind, both of the five-star analysts maintain a bullish thesis. Out of the two, Squali sees the largest potential twelve-month gain, with the forecast coming in at 46%. (To watch Squali’s track record, click here)   In general, other analysts are on the same page. 6 Buy ratings and 2 Holds assigned in the last three months add up to a ‘Strong Buy’ consensus. The average price target of $247 brings the upside potential to 26%. (See Trade Desk stock analysis on TipRanks) Catalent Inc. (CTLT)Catalent is known for providing integrated services, superior drug delivery technologies and manufacturing solutions to help launch pharmaceuticals, biologics and other consumer health products. With it starting off its fiscal year on a positive note and its shares already up 59% year-to-date, the Street has its eye on CTLT.CTLT’s solid fiscal Q1 2020 performance, which included a 2% EBITDA beat and 11% organic growth, was fueled largely by its Paragon acquisition. In addition, management reaffirmed ibuprofen supply stability for Softgel by pointing out that it has alternative sources to mitigate any possible disruptions in the future. It should also be noted that its strength in the oral drug delivery business stands to drive significant gains for CTLT. All of this played into UBS analyst Daniel Brennan’s conclusion that the company is in it for the long-haul. While acknowledging the tempered stock reaction to these developments, he remains optimistic about CTLT’s prospects. “We see the lack of share price reaction as an opportunity to reiterate our buy rating,” Brennan explained. Along with his Buy rating, the analyst set a $66 price target. Based on this target, shares could surge 33% over the next twelve months. (To watch Brennan’s track record, click here) Similarly, the rest of the Street likes what it’s seeing. With 4 Buy ratings compared to 1 Hold issued in the last three months, CTLT has a ‘Strong Buy’ analyst consensus. On top of this, its $61 average price target implies 23% upside potential. (See Catalent stock analysis on TipRanks)

Edited Transcript of DHT earnings conference call or presentation 24-Oct-19 12:00pm GMT

Sun, 11/10/2019 - 06:23

Q3 2019 DHT Holdings Inc Earnings Call

Bobby Lee talked me out of 50 euros in less than 15 minutes

Sun, 11/10/2019 - 04:28

It wasn’t long since my plane had hit the tarmac on the Blockchain Island. I arrived at my hotel. They had no record of my booking, the taxi had left, and I had to walk to my new lodgings some 10 minutes away. Not that far, you might say. But that’s perhaps because you haven’t dragged a suitcase across Malta’s charming cobbled streets (or swerved by its not-so-charming gaping chasms in the pavement). In the drizzly November rain. Bobby Lee can be very persuasive I quickly refreshed at the hotel I eventually found with the aid of Google Maps and then rushed to meet Bobby Lee at the Intercontinental. If you’re not familiar with the name, he’s the co-founder ofThe post Bobby Lee talked me out of 50 euros in less than 15 minutes appeared first on Coin Rivet.

Pentagon Gets a Fix for F-35 Bug in $400,000 Pilot Helmets

Sun, 11/10/2019 - 04:22

(Bloomberg) -- The U.S. military may have finally found a way to fix a glitch with the world’s most hi-tech helmet used by pilots flying the most expensive fighter jet in history.A bug in the $400,000 helmet display screen used by F-35 aviators caused a green glow when flying in very low-light conditions and is now expected to be overcome by using a different type of semiconductor illumination.The distracting green glow was deemed so critical that restrictions were imposed on some night landings on aircraft carriers, and the fault was classified as a “Priority One” fix by the Pentagon’s test office. Jittery lines were also visible to some pilots.Defense giant Lockheed Martin Corp. has been contracted by the F-35 Joint Program Office for the redesign, modifying headpieces by installing new organic light-emitting diodes to replace traditional liquid crystal displays.“In partnership with the F-35 Joint Program Office and our U.S. Navy customer, we’ve been working to transition the helmet technology from a traditional LCD to an Organic LED system,” Program Manager Jim Gigliotti said by email. Lockheed Martin did not provide a figure for the number of helmets requiring modification or the upgrade cost.OLED technology can provide a number of manufacturing and user benefits over older LCD alternatives, including the use of flexible screens, improved picture quality and quicker response times, and are used in flat-panel TVs, smartphones and digital wristwatches. OLED benefits, however, may come at the cost of shorter screen lifespans.The contract announcement for new helmet displays comes just days before a joint hearing of House Armed Services Committee panels into the troubled $406 billion F-35 program, the most expensive weapon project in history.The project has been plagued by problems during its two-decade development phase. Last year, the Government Accountability Office said the project had 966 outstanding glitches, with more than 150 not expected to be resolved before full-rate production.And the stealthy jet is still months away from the completion of rigorous combat testing against potential adversaries’ defense systems. Nevertheless, the Pentagon is confident in the aircraft’s abilities. A $34 billion follow-on award was made last month for 478 more fighters, taking the existing production count toward 1,000 planes -- out of a planned total of at least 3,100.The F-35 is available in three variants and is used by the Air Force, Navy and Marine Corps. More than 10 countries have committed to buy the airplane, including Japan, South Korea, Britain, Israel, Australia and the Netherlands.The state-of-the-art helmets are made as part of a joint venture by Rockwell Collins Inc. and Elbit Systems of America. The shells combine Kevlar and carbon fiber, and custom-made to snugly fit the cranial contours of each pilot. Replacements can be made using a database of head measurements kept for each pilot.One hi-tech feature of the helmet display is an ability for a pilot to see video imagery of where they will land simply by looking down during vertical descent. Weapon lock-on can be achieved by looking at targets through the helmets.“We’re in the process of developing, improving and fielding the new system and the feedback from users has been extremely positive,” Gigliotti said. The pilots are “excited to get this new equipment.”To contact the reporter on this story: Pete Norman in London at pnorman6@bloomberg.netTo contact the editors responsible for this story: Andrew Davis at, Steve GeimannFor more articles like this, please visit us at©2019 Bloomberg L.P.

Natural Gas Price Fundamental Weekly Forecast – Traders Looking for Another Gap Opening; New Forecasts Will Determine Direction

Sun, 11/10/2019 - 03:39

Traders should be prepared for another gap opening on Monday. The direction is unknown because it will depend on the forecasts from over the weekend.

The Week Ahead – Geopolitics, Powell, the RBNZ and Economic Data in Focus

Sun, 11/10/2019 - 00:35

It’s a big week for the markets. UK politics and trade are in focus on the geopolitical front, with the RBNZ also in action. Stats will also influence.

It's Time for Alibaba to Slay the Monster Jack Ma Created

Sun, 11/10/2019 - 00:00

(Bloomberg Opinion) -- Alibaba Group Holding Ltd. should put its Singles’ Day shopping extravaganza out to pasture.The Nov. 11 annual event, which has been going for a decade, started as a marketing gimmick for an upstart e-commerce company looking to draw a crowd. And it did. The 24-hour shopping period, during which Alibaba and its vendors offer big discounts while celebrities (Taylor Swift this year) jet in to entertain crowds, is focused on one number: gross merchandise value, a fancy word for turnover, or the amount of money that sloshes through the cyber cash registers of the company’s e-commerce platforms.GMV grew more than 4,000 times between 2009 and 2018, hitting $30.8 billion last year. But the metric is meaningless. There are ways to juice the figure, and it has almost zero correlation with Alibaba’s revenue or profit. In fact, Alibaba stopped reporting GMV in its quarterly financials two years ago (though it still references growth in the number).“It doesn’t represent our true identity, and overemphasizing it makes people just think about e-commerce,” founder and then-Chairman Jack Ma said at the 2016 shopping gala. Yet the company went ahead and shouted those numbers from the rooftops the following year. And the year after. “Eye-popping numbers,” Alibaba said of last year’s record.I suspect this is because without a shiny big new number, the event would lose its luster. That in turn has created a spur to find new ways to inflate the figure, such as taking orders early, avoiding processing refunds on that day, and offering incentives to transact. News that Alibaba is moving ahead with plans to raise as much as $15 billion selling shares in Hong Kong adds further impetus for the company to report a bumper Nov. 11.It isn’t as though Alibaba invented Singles’ Day. Represented by the 11/11 date, it has been around since at least the early ’90s as a student celebration of single life. Ma and a little-known executive named Daniel Zhang simply commercialized it, similar to the way retailers turned Valentine’s Day into a smorgasbord of cheap chocolates, fluffy toys, and bad dates.These aren’t the only ridiculous shopping festivals. Black Friday and Cyber Monday are as absurd, but neither is so driven by one company. (Cyber Monday is reportedly the brainchild of a U.S. retail association).Alibaba doesn’t want to be just an e-commerce company anymore. Zhang, who has risen through the ranks and took over as chairman from Ma two months ago, is hoping to lean more heavily on new businesses such as cloud computing, digital media and entertainment, offline retail, and local services such as deliveries.But the company cannot move into the post-Jack era if it keeps focusing on GMV. As long as the annual shopping event persists with a singular focus on sales numbers and gimmicky discounts, then the entire company, and its investors, will be stuck with the mindset that Alibaba is merely an e-commerce company.“If we don’t kill our existing business, someone else will,” Zhang said in an interview with Bloomberg Businessweek in September. Zhang is right. And he knows what he needs to do.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at©2019 Bloomberg L.P.

The Crypto Daily – Movers and Shakers -10/11/19

Sat, 11/09/2019 - 23:28

It’s another mixed start to the day for the pack. A Bitcoin move through to $8,820 levels would signal a bullish day ahead…

Woody Allen, Amazon end legal dispute over movie deal

Sat, 11/09/2019 - 21:33

Woody Allen has ended his $68 million lawsuit against Inc for backing out of a four-picture production and distribution agreement and refusing to distribute a film he had finished. Allen and Amazon notified the federal court in Manhattan late on Friday night that the lawsuit was being voluntarily dismissed. Lawyers for Allen and Amazon did not immediately respond on Saturday to requests for comment.

Medicare Part B premium 2020: Rates and deductibles rising 7% for outpatient care

Sat, 11/09/2019 - 18:38

Medicare Part B premiums and deductibles are increasing 7% in 2020, which is a $9.10 monthly increase for 70% of Medicare beneficiaries.

Bulls And Bears Of The Week: Roku, Tesla, Twitter, Uber And More

Sat, 11/09/2019 - 17:43

Benzinga has examined the prospects for many investor favorite stocks over the past week. Benzinga continues to examine the prospects for many of the stocks most popular with investors. In "Uber Earnings Reinforce Analyst Bullishness," Elizabeth Balboa looks at why analysts remain optimistic about the prospects for Uber Technologies Inc (NYSE: UBER) despite its headwinds.

Barron's Picks And Pans: Honeywell, Oshkosh, Uber, Walgreens And More

Sat, 11/09/2019 - 16:43

This weekend's Barron's cover story focuses on an industrial company that is going digital. Other featured articles discuss blue chips that ought to pay a dividend and bank stocks for value investors. ...

Is Oaktree Specialty Lending Corporation (OCSL) A Good Stock To Buy?

Sat, 11/09/2019 - 15:32

The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]

Warren parts with Sanders on whether billionaires should exist

Sat, 11/09/2019 - 14:26

Sanders and Warren have a lot in common - but not when it comes to the existence of billionaires.

Siemens CEO deplores admiration for 'pot smoker' after deputy praised Elon Musk

Sat, 11/09/2019 - 13:40

Siemens Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. "Amusing opinions in our country: When a German chief executive proactively orients his company toward the future, he is regarded as 'lofty' and 'philosophical'. Kaeser's statement sparked a lively debate on social media, with the Siemens CEO later seeking to clarify his comments.

Navarro says Trump will not roll back tariffs for phase one trade deal with China

Sat, 11/09/2019 - 13:36

Many expect the U.S. and China to roll back part of the tariffs soon. But Peter Navarro, a close advisor to President Trump, argued forcefully against that notion on Friday.

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