Daily Market Briefing

Stocks to Move Higher Over the Next Few Days

May 31, 2018: (12:00 am U.S. Eastern Time): The recent trading action in major stock markets around the globe indicate that stock prices, in general, will move higher over the next few days. However, the latest readings on key economic indicators for major regions of the world suggest that stocks will remain confined to a narrow sideways range over the next couple of weeks. On a more positive note, our research indicates that stocks will trend higher over the next few months. Therefore, we’re advising persons who subscribe to our investment journals to continue to allocate a large portion of their financial market assets to equity securities.

Stock of Week

Floor & Decor Holdings (FND)

Floor & Decor Holdings (FND) is a specialty retailer of hard-surface flooring and related accessories, operating 71 warehouse-format stores in 17 U.S. states. The company offers the industry’s broadest in-stock assortment of tile, wood, laminate and natural stone flooring, as well as decorative and installation accessories at everyday low prices, positioning it as a one-stop destination for hard-surface flooring.

Composite Fundamental Rating Product Sales & EPS Growth (Qtrly) Profit Margins Financial Liquidity Long-term Debt Institution Buys to Sells
B A+ A C+ B B+ C

Key Developments

U.S. Economic Developments

U.S. Political Developments

President Trump Withdraws U.S. from Iran Nuclear Agreement

05/08/18: President Trump declared today that he’s withdrawing the United States from the 2015 Iran Nuclear Deal, known officially as the Joint Comprehensive Plan of Action. Under the terms of the Deal, Iran had signed an agreement with the U.S., the United Kingdom,...

read more

Earnings Announcements

Korn/Ferry and Tailored Brands Report Quarterly Earnings

06/13/18: Korn/Ferry (KFY) reported that its income from operations before income taxes, excluding restructuring charges, rose by 61.8% on a 16.4% increase in the company’s revenues and an 11.6% increase in its operating expenses for the three months ended April 30,...

read more

International Economic Developments

Economic Indicators from Abroad Giving Mixed Signals

06/05/18: The latest readings on some key economic indicators from abroad are giving mixed signals regarding the future direction of economies in major regions of the world. For example, Eurostat reported today that sales at Eurozone-area retail stores rose modestly...

read more

International Geopolitical Developments

China Imposes New Tariffs on 128 U.S. Products

04/02/18: China’s government announced today that it’s imposing new tariffs on 128 U.S. products in retaliation to tariffs that President Trump said he plans to place on U.S. imports of steel and aluminum from China. According to China’s Customs Office, the tariffs...

read more

Company and Stock News

June 14, 2018 Company and Stock News

June 14, 2018
  • Royal Caribbean (RCL): Royal Caribbean Cruises Ltd. announced that it entered into an agreement to acquire a 66.7% ownership interest in Silversea Cruises, a Monaco-based, privately-held operator of ultra-luxury cruise ships, for approximately $1 billion.
  • Broadcom (AVG): Broadcom Inc. reported that it terminated approximately 1,100 of the company’s employees as a result of its merger with Brocade Communication Systems, and that it incurred approximately $143 million of restructuring charges associated with the terminations. The company added that it might eliminate additional positions.
  • Qualcomm (QCOM) and NXP Semiconductors (NXPI): The South China Morning Posted reported that Chinese regulators approved Qualcomm Incorporated’s acquisition of NXP Semiconductors N.V.
  • Mylan (MYL) and Dr. Reddy’s Labs (RDY): The U.S. Food and Drug Administration announced that it approved the first generic versions of Suboxone, an under-the-tongue treatment for opioid dependence. Mylan N.V. and Dr. Reddy’s Laboratories Limited make generic versions of the drug.

Investors Monitor 20

Investors Monitor Grade

Company Name Ticker Symbol Sector / Industry Composite Fundamental Rating Product Sales & EPS Growth (Qtrly) Profit Margins Financial Liquidity Long-term Debt Institution Buys to Sells
Alarm.Com Holdings ALRM Home Security B- A B C A+ C B
Applied Optoelectronics AAOI Fiber Optics A- A+ A+ B+ A+ A+ B+
Arista Networks ANET Network Apps A+ A A+ A+ A A+ A
Control4 Corporation CTRL Home Devices B- A C C A+ A+ A
Floor & Décor Holdings FND Home Flooring B- A A+ C B- C- B+
General Electric GE Conglomerate B A C+ B- A+ C A
GrubHub GRUB Mobile Orders B+ A+ A B+ A+ B C
Micron Technology MU
Malibu Boats MBUU Boat Mfg. C+ A C B- B- C- D
Masimo Corp MASI Medical Devices A- A B A A+ A+ B
Momo Inc. MOMO Social Media A+ A A+ A+ A+ A+ A
Ollie’s Bargain Outlet OLLI Discount Stores B+ B+ A B+ A A C+
Qualys QLYS Internet Security A- A A B+ A+ A+ C
Sears Holdings SHLD Retail Stores C+ B Turn-Around Turn-Around B D+ A
SolarEdge Technologies SEDG Solar Panels A+ A A A A+ A A
The Trade Desk TTD Advertising B+ A A C+ A+ A+ B
Wal-Mart WMT Retail Stores B- A+ c+ C C A- C+
Weibo Corporation WB Social Media A+ A A+ A- A+ A+ A
Winnebago Industries WGO RV Mfg. C- A C C C+ D C
STMicroelectronics STMI
Share This