06/14/18: Data released today by the U.S. Department of Commerce indicate that sales at U.S. retail stores rose during May at the fastest year-over-year rate since November 2017, increasing by 3.1%, on an inflation- and seasonally-adjusted basis, as compared to the...read more
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|
U.S. Economic Developments
U.S. Political Developments
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
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
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
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
- 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+|
|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+|
|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|
|Weibo Corporation||WB||Social Media||A+||A||A+||A-||A+||A+||A|
|Winnebago Industries||WGO||RV Mfg.||C-||A||C||C||C+||D||C|