Tag Archives: CM

Top Bank Stocks To Watch For 2021

Groupon earnings (NASDAQ:GRPN) were unveiled late in the day on Tuesday, sending GRPN stock sinking after hours as the company’s adjusted profit came in 3 cents per share below what the Wall Street consensus estimate called for, while its revenue fell year-over-year.

The Chicago, Ill.-based online coupon provider said that for its fourth quarter of its fiscal 2018, it posted net income of $46.2 million, or 8 cents per share. The figure was 3.1% below the $47.7 million, or 8 cents per share that the company brought in during its fourth quarter of its fiscal 2017.

Top Bank Stocks To Watch For 2021: Canadian Imperial Bank of Commerce(CM)

Canadian Imperial Bank of Commerce provides various financial products, services, and advice to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company offers retail markets services comprising personal banking, business banking, and wealth management services, as well as investment management services to retail and institutional clients. It also provides wholesale banking services, including credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate, and retail clients. The company provides its services through its branch network, automated bank machines, mobile banking, and online banking site. As of June 3, 2011, it operated approximately 1,100 branches and 4,000 automated bank machines in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) saw unusually large options trading activity on Monday. Traders acquired 2,517 call options on the stock. This is an increase of approximately 3,772% compared to the typical volume of 65 call options.

  • [By Motley Fool Transcribing]

    Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2019 Earnings Conference CallFeb. 28, 2019 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Canadian Imperial Bank of Commerce (CM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Canadian Imperial Bank of Commerce (CM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Bank Stocks To Watch For 2021: First Commonwealth Financial Corporation(FCF)

First Commonwealth Financial Corporation operates as the holding company for First Commonwealth Bank that provides consumer and commercial banking services to individuals and small and mid-sized businesses in central and western Pennsylvania. The company offers personal checking accounts, interest-earning checking accounts, savings accounts, health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, and IRA accounts. It also provides secured and unsecured installment loans, construction and mortgage loans, safe deposit facilities, credit lines with overdraft checking protection, and student loans, as well as Internet and telephone banking, and automated teller machine services. In addition, the company offers commercial banking services, including commercial lending, small and high-volume business checking accounts, on-line account management services, ACH origination, payroll direct deposi t, commercial cash management services, and repurchase agreements. Further, it provides various trust and asset management services, as well as a complement of auto, home, business, and term life insurance. Additionally, the company offers annuities, mutual funds, stock, and bond brokerage services through an arrangement with a broker-dealer and insurance brokers. It operates 115 community banking offices in western Pennsylvania and 2 loan production offices in downtown Pittsburgh and State College, Pennsylvania. The company was founded in 1982 and is headquartered in Indiana, Pennsylvania.

Advisors’ Opinion:

  • [By Ethan Ryder]

    First Commonwealth Financial (NYSE:FCF) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Bank Stocks To Watch For 2021: HSBC Holdings PLC (HSBA)

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). The Company operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. The Company’s RBWM business offers a range of personal banking and wealth management services to its customers. The Company’s CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. The Company’s GB&M business provides financial solutions to government, corporate and institutional clients and private investors across the world. The Company’s GPB’s products and services include Investment Management and Private Wealth Solutions. Advisors’ Opinion:

  • [By Max Byerly]

    HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.

  • [By Max Byerly]

    HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).

Top Bank Stocks To Watch For 2021: Ampco-Pittsburgh Corporation(AP)

Ampco-Pittsburgh Corporation and its subsidiaries manufacture and sell custom-engineered equipment in the United States and internationally. It operates in two segments, Forged and Cast Rolls, and Air and Liquid Processing. The Forged and Cast Rolls segment produces forged hardened steel rolls used in cold rolling for the producers of steel, aluminum, and other metals; and cast iron and steel rolls for hot and cold strip mills, medium/heavy section mills, and plate mills. The Air and Liquid Processing segment manufactures finned tube and plate finned heat exchange coils for the commercial and industrial construction, as well as for process and utility industries; custom air handling systems used in commercial, institutional, and industrial buildings; and a line of centrifugal pumps for the refrigeration, power generation, and marine defense industries. The company was founded in 1929 and is based in Pittsburgh, Pennsylvania.

Advisors’ Opinion:

  • [By ]

    Stephen Moore and Herman Cain in Washington on Aug. 31, 2016, and June 20, 2014, respectively. (Photo: AP)

    Why are critics of Moore and Cain saying they are ill-suited for nonpartisan roles?

  • [By ]

    The front page of the Jan. 28, 2019, edition of the National Enquirer featuring a story about Amazon founder and CEO Jeff Bezos' divorce. (Photo: AP)

  • [By ]

    Kraft Heinz disclosed it has received a subpoena from the SEC as part of an investigation into the company's procurement accounting policies. (Photo11: AP)

  • [By ]

    This Jan. 19, 1931 file photo shows Chicago mobster Al Capone at a football game. (Photo: AP)

    Follow Josh Hafner on Twitter: @joshhafner

Top Bank Stocks To Watch For 2021: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.

Advisors’ Opinion:

  • [By Motley Fool Transcribing]

    Wells Fargo (NYSE:WFC) Q1 2019 Earnings CallApril 12, 2019 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Garrett Baldwin]

    Uber unveiled its IPO on Thursday with a stunning warning to investors: It may never be a profitable company. Although the ride sharing app has 91 million customers and values itself at up to $100 billion, the company has been embroiled in multiple scandals and has struggled to retain those customers in an increasingly competitive environment. Concerns about Uber’s massive valuation has hurt its rival Lyft Inc. (NASDAQ: LYFT), which went public on March 29. Shares of Lyft are trading just above $61, well below the IPO price of $72. Oil prices are continuing their impressive run, the best in three years. WTI crude is flat this morning at $64.52 per barrel, while Brent crude is sitting at $71.38. Money Morning Global Energy Strategist Dr. Kent Moors says that oil prices will rocket even higher from here. And if you want to make real money, you need to do this now.
    Stocks to Watch Today: WFC, DIS, CVX, APC, RDS.A
    Shares of Wells Fargo & Co.(NYSE: WFC) are up 1.2% after the company topped Wall Street earnings expectations for the first quarter. The firm reported earnings per share of $1.20 on top of $21.61 billion in revenue. Analysts had expected EPS of $1.09 on $1.01 billion. WFC also hiked its dividend from $0.43 to $0.45 and announced it returned $6 billion to shareholders last quarter through buybacks and dividend payments. This is the first earnings report since CEO Tim Sloan departed the company on March 28. The company is working to rebuild its reputation after a series of scandals rocked Wall Street over fake accounts created by employees to meet quotas.

    See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here…

Best Bank Stocks To Own Right Now

Equities analysts forecast that Caretrust REIT Inc (NASDAQ:CTRE) will post $39.64 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Caretrust REIT’s earnings, with the highest sales estimate coming in at $40.00 million and the lowest estimate coming in at $39.28 million. Caretrust REIT reported sales of $32.95 million during the same quarter last year, which would suggest a positive year over year growth rate of 20.3%. The business is expected to issue its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that Caretrust REIT will report full year sales of $157.24 million for the current fiscal year, with estimates ranging from $155.91 million to $158.80 million. For the next year, analysts anticipate that the business will report sales of $175.43 million per share, with estimates ranging from $160.00 million to $183.30 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Caretrust REIT.

Best Bank Stocks To Own Right Now: Ampco-Pittsburgh Corporation(AP)

Ampco-Pittsburgh Corporation and its subsidiaries manufacture and sell custom-engineered equipment in the United States and internationally. It operates in two segments, Forged and Cast Rolls, and Air and Liquid Processing. The Forged and Cast Rolls segment produces forged hardened steel rolls used in cold rolling for the producers of steel, aluminum, and other metals; and cast iron and steel rolls for hot and cold strip mills, medium/heavy section mills, and plate mills. The Air and Liquid Processing segment manufactures finned tube and plate finned heat exchange coils for the commercial and industrial construction, as well as for process and utility industries; custom air handling systems used in commercial, institutional, and industrial buildings; and a line of centrifugal pumps for the refrigeration, power generation, and marine defense industries. The company was founded in 1929 and is based in Pittsburgh, Pennsylvania.

Advisors’ Opinion:

  • [By ]

    Stephen Moore and Herman Cain in Washington on Aug. 31, 2016, and June 20, 2014, respectively. (Photo: AP)

    Why are critics of Moore and Cain saying they are ill-suited for nonpartisan roles?

  • [By ]

    The front page of the Jan. 28, 2019, edition of the National Enquirer featuring a story about Amazon founder and CEO Jeff Bezos' divorce. (Photo: AP)

  • [By ]

    Kraft Heinz disclosed it has received a subpoena from the SEC as part of an investigation into the company's procurement accounting policies. (Photo11: AP)

Best Bank Stocks To Own Right Now: HSBC Holdings PLC (HSBA)

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). The Company operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. The Company’s RBWM business offers a range of personal banking and wealth management services to its customers. The Company’s CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. The Company’s GB&M business provides financial solutions to government, corporate and institutional clients and private investors across the world. The Company’s GPB’s products and services include Investment Management and Private Wealth Solutions. Advisors’ Opinion:

  • [By Max Byerly]

    HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.

  • [By Max Byerly]

    HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).

  • [By Stephan Byrd]

    Morgan Stanley set a GBX 855 ($10.91) price target on HSBC (LON:HSBA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.

Best Bank Stocks To Own Right Now: First Commonwealth Financial Corporation(FCF)

First Commonwealth Financial Corporation operates as the holding company for First Commonwealth Bank that provides consumer and commercial banking services to individuals and small and mid-sized businesses in central and western Pennsylvania. The company offers personal checking accounts, interest-earning checking accounts, savings accounts, health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, and IRA accounts. It also provides secured and unsecured installment loans, construction and mortgage loans, safe deposit facilities, credit lines with overdraft checking protection, and student loans, as well as Internet and telephone banking, and automated teller machine services. In addition, the company offers commercial banking services, including commercial lending, small and high-volume business checking accounts, on-line account management services, ACH origination, payroll direct deposi t, commercial cash management services, and repurchase agreements. Further, it provides various trust and asset management services, as well as a complement of auto, home, business, and term life insurance. Additionally, the company offers annuities, mutual funds, stock, and bond brokerage services through an arrangement with a broker-dealer and insurance brokers. It operates 115 community banking offices in western Pennsylvania and 2 loan production offices in downtown Pittsburgh and State College, Pennsylvania. The company was founded in 1982 and is headquartered in Indiana, Pennsylvania.

Advisors’ Opinion:

  • [By Ethan Ryder]

    First Commonwealth Financial (NYSE:FCF) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Bank Stocks To Own Right Now: Canadian Imperial Bank of Commerce(CM)

Canadian Imperial Bank of Commerce provides various financial products, services, and advice to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company offers retail markets services comprising personal banking, business banking, and wealth management services, as well as investment management services to retail and institutional clients. It also provides wholesale banking services, including credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate, and retail clients. The company provides its services through its branch network, automated bank machines, mobile banking, and online banking site. As of June 3, 2011, it operated approximately 1,100 branches and 4,000 automated bank machines in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) saw unusually large options trading activity on Monday. Traders acquired 2,517 call options on the stock. This is an increase of approximately 3,772% compared to the typical volume of 65 call options.

  • [By Motley Fool Transcribing]

    Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2019 Earnings Conference CallFeb. 28, 2019 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Best Bank Stocks To Own Right Now: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.

Advisors’ Opinion:

  • [By Motley Fool Transcribing]

    Wells Fargo (NYSE:WFC) Q1 2019 Earnings CallApril 12, 2019 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator  

  • [By Garrett Baldwin]

    Uber unveiled its IPO on Thursday with a stunning warning to investors: It may never be a profitable company. Although the ride sharing app has 91 million customers and values itself at up to $100 billion, the company has been embroiled in multiple scandals and has struggled to retain those customers in an increasingly competitive environment. Concerns about Uber’s massive valuation has hurt its rival Lyft Inc. (NASDAQ: LYFT), which went public on March 29. Shares of Lyft are trading just above $61, well below the IPO price of $72. Oil prices are continuing their impressive run, the best in three years. WTI crude is flat this morning at $64.52 per barrel, while Brent crude is sitting at $71.38. Money Morning Global Energy Strategist Dr. Kent Moors says that oil prices will rocket even higher from here. And if you want to make real money, you need to do this now.
    Stocks to Watch Today: WFC, DIS, CVX, APC, RDS.A
    Shares of Wells Fargo & Co. (NYSE: WFC) are up 1.2% after the company topped Wall Street earnings expectations for the first quarter. The firm reported earnings per share of $1.20 on top of $21.61 billion in revenue. Analysts had expected EPS of $1.09 on $1.01 billion. WFC also hiked its dividend from $0.43 to $0.45 and announced it returned $6 billion to shareholders last quarter through buybacks and dividend payments. This is the first earnings report since CEO Tim Sloan departed the company on March 28. The company is working to rebuild its reputation after a series of scandals rocked Wall Street over fake accounts created by employees to meet quotas.

    See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here…

  • [By Money Morning Staff Reports]

    Buffett is no stranger to banks. He’s owned a piece of Wells Fargo & Co. (NYSE: WFC) for 19 years. And recently, he took some big chunks of some of the other big and well-known banks, including Bank of America Corp. (NYSE: BAC), Goldman Sachs Group Inc. (NYSE: GS), Bank of New York Mellon Corp. (NYSE: BK), and PNC Financial Services Group Inc. (NYSE: PNC).

  • [By Motley Fool Transcribers]

    Wells Fargo & Co  (NYSE:WFC)Q1 2019 Earnings CallApril 12, 2019, 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Hot Canadian Stocks To Invest In Right Now

Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) have received an average recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and eight have issued a buy recommendation on the company.

RBS has been the subject of several research analyst reports. Societe Generale raised Royal Bank of Scotland Group from a “sell” rating to a “hold” rating in a report on Monday, September 10th. UBS Group raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Friday, August 10th. Zacks Investment Research raised Royal Bank of Scotland Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 18th. ValuEngine raised Royal Bank of Scotland Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 24th. Finally, Royal Bank of Canada raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Thursday, September 13th.

Hot Canadian Stocks To Invest In Right Now: ConocoPhillips(COP)

ConocoPhillips operates as an integrated energy company worldwide. The company?s Exploration and Production (E&P) segment explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Its Midstream segment gathers, processes, and markets natural gas; and fractionates and markets natural gas liquids in the United States and Trinidad. The company?s Refining and Marketing (R&M) segment purchases, refines, markets, and transports crude oil and petroleum products, such as gasolines, distillates, and aviation fuels. Its Chemicals segment manufactures and markets petrochemicals and plastics. This segment offers olefins and polyolefins, including ethylene, propylene, and other olefin products; aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers; and various specialty chemical products comprising organosulfur chemicals, solvents, catalyst s, drilling chemicals, mining chemicals, and engineering plastics and compounds. The company?s Emerging Businesses segment develops new technologies and businesses. It focuses on power generation; and technologies related to conventional and nonconventional hydrocarbon recovery, refining, alternative energy, biofuels, and the environment. This segment also offers E-Gas, a gasification technology producing high-value synthetic gas. ConocoPhillips was founded in 1917 and is based in Houston, Texas.

Advisors’ Opinion:

  • [By ]

    It starts in 2007 when the Oracle of Omaha began purchasing shares of ConocoPhillips (NYSE: COP). By the end of 2007, Buffett had spent just over $1 billion.

  • [By Matthew DiLallo]

    U.S. oil giant ConocoPhillips (NYSE:COP)used $50 oil as a rough baseline for its 2019 capital plans as well. ConocoPhillips currently expects to invest $6.1 billion on capital projects this year — enough money to grow production per share by 8% — which it can fund on the cash flows produced at $40 oil. Add in a dividend that the company increased twice last year to a $3 billion repurchase program and ConocoPhillips is on track to return 50% of the cash it produces at $50 oil to investors this year, though some of that money will come from its cash-rich balance sheet. However, with oil in the mid-$50s, ConocoPhillips is on track to produce more cash than expected this year, which could lead it to buy back even more stock than planned as it works to whittle down a cash balance that stood at $6.4 billion at the end of 2018.

  • [By Logan Wallace]

    Courier Capital LLC cut its stake in ConocoPhillips (NYSE:COP) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,910 shares of the energy producer’s stock after selling 198 shares during the period. Courier Capital LLC’s holdings in ConocoPhillips were worth $306,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Bbva Compass Bancshares Inc. raised its holdings in ConocoPhillips (NYSE:COP) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,638 shares of the energy producer’s stock after buying an additional 2,066 shares during the period. Bbva Compass Bancshares Inc.’s holdings in ConocoPhillips were worth $3,095,000 at the end of the most recent quarter.

Hot Canadian Stocks To Invest In Right Now: Chipotle Mexican Grill Inc.(CMG)

Chipotle Mexican Grill, Inc. develops and operates fast-casual, fresh Mexican food restaurants in the United States, Canada, and England. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of December 31, 2011, it operated 1,230 restaurants, which includes 1 ShopHouse Southeast Asian Kitchen. Chipotle Mexican Grill, Inc. was founded in 1993 and is based in Denver, Colorado.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Chipotle Mexican Grill Inc (NYSE:CMG)Q12019 Earnings CallApril 24, 2019, 4:30 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Adam Levine-Weinberg]

    I have been bullish about Chipotle Mexican Grill (NYSE:CMG) for several years, believing that Chipotle would eventually recover from its food safety problems. During 2018 in particular, the fast-casual pioneer made a lot of progress in accelerating its comp sales growth and returning to margin expansion (excluding one-time costs).

Hot Canadian Stocks To Invest In Right Now: Canadian Imperial Bank of Commerce(CM)

Canadian Imperial Bank of Commerce provides various financial products, services, and advice to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company offers retail markets services comprising personal banking, business banking, and wealth management services, as well as investment management services to retail and institutional clients. It also provides wholesale banking services, including credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate, and retail clients. The company provides its services through its branch network, automated bank machines, mobile banking, and online banking site. As of June 3, 2011, it operated approximately 1,100 branches and 4,000 automated bank machines in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) saw unusually large options trading activity on Monday. Traders acquired 2,517 call options on the stock. This is an increase of approximately 3,772% compared to the typical volume of 65 call options.

  • [By Motley Fool Transcribing]

    Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2019 Earnings Conference CallFeb. 28, 2019 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Canadian Imperial Bank of Commerce (CM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Canadian Imperial Bank of Commerce (CM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Canadian Stocks To Invest In Right Now: NEW GOLD INC.(NGD)

New Gold Inc. engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. The company primarily explore for gold, silver, and copper deposits. Its operating properties include the Mesquite gold mine in the United States; the Cerro San Pedro gold-silver mine in Mexico; and the Peak gold-copper mine in Australia. The company also has development projects, including the New Afton gold, silver, and copper project in Canada; and a 30% interest in the El Morro copper-gold project in Chile. The company was formerly known as DRC Resources Corporation and changed its name to New Gold Inc. in June 2005. New Gold Inc. was founded in 1980 and is headquartered in Vancouver, Canada.

Advisors’ Opinion:

  • [By Ethan Ryder]

    ILLEGAL ACTIVITY NOTICE: “New Gold Inc (NGD) Short Interest Down 3.5% in March” was published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at www.tickerreport.com/banking-finance/4282582/new-gold-inc-ngd-short-interest-down-3-5-in-march.html.

  • [By Ethan Ryder]

    New Gold (NYSEAMERICAN:NGD) had its price objective lowered by analysts at Royal Bank of Canada from $1.25 to $1.00 in a research report issued on Wednesday. The brokerage currently has an “underperform” rating on the basic materials company’s stock. Royal Bank of Canada’s target price indicates a potential upside of 14.50% from the stock’s current price.

  • [By Matthew DiLallo]

    Shares of New Gold (NYSEMKT:NGD)sold off on Thursday, plunging more than 20% by 11 a.m. EST after the gold mining company reported its fourth-quarter results as well as its outlook for 2019.

  • [By WWW.GURUFOCUS.COM]

    For the details of Exor Investments (UK) LLP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Exor+Investments+%28UK%29+LLP

    These are the top 5 holdings of Exor Investments (UK) LLPSibanye-Stillwater (SBGL) – 45,970,311 shares, 32.51% of the total portfolio. Shares added by 8.09%VEON Ltd (VEON) – 37,657,792 shares, 31.02% of the total portfolio. Shares added by 3.83%Cameco Corp (CCJ) – 5,967,410 shares, 19.32% of the total portfolio. Harmony Gold Mining Co Ltd (HMY) – 13,275,728 shares, 6.26% of the total portfolio. Shares added by 6.84%Novagold Resources Inc (NG) – 5,889,905 shares, 6.21% of the total portfolio. Shares

Hot Canadian Stocks To Invest In Right Now: China Metro-Rural Holdings Limited(CNR)

China Metro-Rural Holdings Limited, through its subsidiaries, primarily engages in the development and operation of agricultural logistics and trade centers in northeast China. It also involves in purchasing, processing, assembling, merchandising, and distributing pearls and jewelry products. The company markets its pearls and jewelry products to wholesale distributors and mass merchandisers in Europe, the United States, Hong Kong, and other parts of Asia. In addition, it develops, sells, and leases residential and commercial properties in Hong Kong and the People?s Republic of China. The company is based in Tsimshatsui, Hong Kong.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) has been assigned a consensus recommendation of “Hold” from the twenty brokerages that are covering the firm, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $93.33.

  • [By Stephan Byrd]

    Several brokerages have updated their recommendations and price targets on shares of Canadian National Railway (TSE: CNR) in the last few weeks:

    2/11/2019 – Canadian National Railway was given a new C$117.00 price target on by analysts at Morgan Stanley. 1/31/2019 – Canadian National Railway was given a new C$116.00 price target on by analysts at BMO Capital Markets. They now have a “market perform” rating on the stock. 1/30/2019 – Canadian National Railway had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a C$125.00 price target on the stock. 1/30/2019 – Canadian National Railway had its price target raised by analysts at TD Securities from C$125.00 to C$130.00. They now have a “buy” rating on the stock. 1/30/2019 – Canadian National Railway had its price target raised by analysts at CIBC from C$118.00 to C$119.00. 1/30/2019 – Canadian National Railway had its price target raised by analysts at JPMorgan Chase & Co. from C$116.00 to C$119.00. 1/14/2019 – Canadian National Railway had its price target raised by analysts at JPMorgan Chase & Co. from C$112.00 to C$116.00. 1/7/2019 – Canadian National Railway had its price target raised by analysts at Morgan Stanley from C$114.00 to C$115.00. 1/2/2019 – Canadian National Railway had its price target lowered by analysts at CIBC from C$120.00 to C$118.00. 12/19/2018 – Canadian National Railway had its price target lowered by analysts at National Bank Financial from C$119.00 to C$110.00. They now have a “sector perform” rating on the stock. 12/18/2018 – Canadian National Railway had its price target lowered by analysts at JPMorgan Chase & Co. from C$122.00 to C$112.00. 12/17/2018 – Canadian National Railway had its price target lowered by analysts at Royal Bank of Canada from C$130.00 to C$128.00.

    Shares of CNR stock traded up C$1.79 during tr

  • [By Logan Wallace]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) – Analysts at Seaport Global Securities issued their Q1 2019 EPS estimates for shares of Canadian National Railway in a research note issued to investors on Wednesday, January 30th. Seaport Global Securities analyst M. Levin expects that the transportation company will earn $0.96 per share for the quarter. Seaport Global Securities also issued estimates for Canadian National Railway’s Q2 2019 earnings at $1.26 EPS, Q3 2019 earnings at $1.27 EPS and Q4 2019 earnings at $1.26 EPS.

  • [By Ethan Ryder]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) – Equities research analysts at Desjardins boosted their Q3 2018 earnings per share estimates for shares of Canadian National Railway in a research note issued on Monday, October 8th. Desjardins analyst B. Poirier now anticipates that the transportation company will earn $1.09 per share for the quarter, up from their previous forecast of $1.09. Desjardins also issued estimates for Canadian National Railway’s FY2021 earnings at $5.66 EPS.

Top Bank Stocks To Own For 2021

Shares of Tractor Supply(NASDAQ:TSCO)have had a volatile year so far in 2018, with returns ranging from a 24% loss to a 21% gain. But investor sentiment has turned positive lately, as the retailer’s strong spring selling season set it up for accelerating sales growth for the full year.

Below, we’ll discuss a few of the reasons to take a closer look at Tractor Supply’s stock today, along with a few of the biggest risks in buying shares right now.

Tractor Supply investment metrics

Metric

Tractor Supply

Market capitalization

$11.1 billion

Annual revenue

$7.26 billion

Comparable store sales growth

2.7%

Operating margin

9.4%

Price/earnings ratio

Top Bank Stocks To Own For 2021: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.

Advisors’ Opinion:

  • [By Motley Fool Transcribing]

    Wells Fargo (NYSE:WFC) Q1 2019 Earnings CallApril 12, 2019 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Garrett Baldwin]

    Uber unveiled its IPO on Thursday with a stunning warning to investors: It may never be a profitable company. Although the ride sharing app has 91 million customers and values itself at up to $100 billion, the company has been embroiled in multiple scandals and has struggled to retain those customers in an increasingly competitive environment. Concerns about Uber’s massive valuation has hurt its rival Lyft Inc. (NASDAQ: LYFT), which went public on March 29. Shares of Lyft are trading just above $61, well below the IPO price of $72. Oil prices are continuing their impressive run, the best in three years. WTI crude is flat this morning at $64.52 per barrel, while Brent crude is sitting at $71.38. Money Morning Global Energy Strategist Dr. Kent Moors says that oil prices will rocket even higher from here. And if you want to make real money, you need to do this now.
    Stocks to Watch Today: WFC, DIS, CVX, APC, RDS.A
    Shares of Wells Fargo & Co.(NYSE: WFC) are up 1.2% after the company topped Wall Street earnings expectations for the first quarter. The firm reported earnings per share of $1.20 on top of $21.61 billion in revenue. Analysts had expected EPS of $1.09 on $1.01 billion. WFC also hiked its dividend from $0.43 to $0.45 and announced it returned $6 billion to shareholders last quarter through buybacks and dividend payments. This is the first earnings report since CEO Tim Sloan departed the company on March 28. The company is working to rebuild its reputation after a series of scandals rocked Wall Street over fake accounts created by employees to meet quotas.

    See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here…

Top Bank Stocks To Own For 2021: First Commonwealth Financial Corporation(FCF)

First Commonwealth Financial Corporation operates as the holding company for First Commonwealth Bank that provides consumer and commercial banking services to individuals and small and mid-sized businesses in central and western Pennsylvania. The company offers personal checking accounts, interest-earning checking accounts, savings accounts, health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, and IRA accounts. It also provides secured and unsecured installment loans, construction and mortgage loans, safe deposit facilities, credit lines with overdraft checking protection, and student loans, as well as Internet and telephone banking, and automated teller machine services. In addition, the company offers commercial banking services, including commercial lending, small and high-volume business checking accounts, on-line account management services, ACH origination, payroll direct deposi t, commercial cash management services, and repurchase agreements. Further, it provides various trust and asset management services, as well as a complement of auto, home, business, and term life insurance. Additionally, the company offers annuities, mutual funds, stock, and bond brokerage services through an arrangement with a broker-dealer and insurance brokers. It operates 115 community banking offices in western Pennsylvania and 2 loan production offices in downtown Pittsburgh and State College, Pennsylvania. The company was founded in 1982 and is headquartered in Indiana, Pennsylvania.

Advisors’ Opinion:

  • [By Ethan Ryder]

    First Commonwealth Financial (NYSE:FCF) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Bank Stocks To Own For 2021: HSBC Holdings PLC (HSBA)

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). The Company operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. The Company’s RBWM business offers a range of personal banking and wealth management services to its customers. The Company’s CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. The Company’s GB&M business provides financial solutions to government, corporate and institutional clients and private investors across the world. The Company’s GPB’s products and services include Investment Management and Private Wealth Solutions. Advisors’ Opinion:

  • [By Max Byerly]

    HSBC (LON:HSBA) was upgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm presently has a GBX 720 ($9.38) target price on the financial services provider’s stock, up from their previous target price of GBX 680 ($8.86). Credit Suisse Group’s price target suggests a potential upside of 5.82% from the company’s previous close.

  • [By Max Byerly]

    HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).

  • [By Stephan Byrd]

    Morgan Stanley set a GBX 855 ($10.91) price target on HSBC (LON:HSBA) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.

  • [By Max Byerly]

    Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.

Top Bank Stocks To Own For 2021: Canadian Imperial Bank of Commerce(CM)

Canadian Imperial Bank of Commerce provides various financial products, services, and advice to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company offers retail markets services comprising personal banking, business banking, and wealth management services, as well as investment management services to retail and institutional clients. It also provides wholesale banking services, including credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate, and retail clients. The company provides its services through its branch network, automated bank machines, mobile banking, and online banking site. As of June 3, 2011, it operated approximately 1,100 branches and 4,000 automated bank machines in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) saw unusually large options trading activity on Monday. Traders acquired 2,517 call options on the stock. This is an increase of approximately 3,772% compared to the typical volume of 65 call options.

  • [By Motley Fool Transcribing]

    Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2019 Earnings Conference CallFeb. 28, 2019 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Top Bank Stocks To Own For 2021: Ampco-Pittsburgh Corporation(AP)

Ampco-Pittsburgh Corporation and its subsidiaries manufacture and sell custom-engineered equipment in the United States and internationally. It operates in two segments, Forged and Cast Rolls, and Air and Liquid Processing. The Forged and Cast Rolls segment produces forged hardened steel rolls used in cold rolling for the producers of steel, aluminum, and other metals; and cast iron and steel rolls for hot and cold strip mills, medium/heavy section mills, and plate mills. The Air and Liquid Processing segment manufactures finned tube and plate finned heat exchange coils for the commercial and industrial construction, as well as for process and utility industries; custom air handling systems used in commercial, institutional, and industrial buildings; and a line of centrifugal pumps for the refrigeration, power generation, and marine defense industries. The company was founded in 1929 and is based in Pittsburgh, Pennsylvania.

Advisors’ Opinion:

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    Kraft Heinz disclosed it has received a subpoena from the SEC as part of an investigation into the company's procurement accounting policies. (Photo11: AP)

  • [By ]

    This Jan. 19, 1931 file photo shows Chicago mobster Al Capone at a football game. (Photo: AP)

    Follow Josh Hafner on Twitter: @joshhafner