Top 10 Bank Stocks To Invest In Right Now


U.S. stocks will be taking cues from central bankers more than usual in the coming week as investors await pronouncements from the Federal Reserve and clarification on the Bank of Japans easing efforts.

Stocks preserved weekly gains on Friday amid a selloff, with the Dow Jones Industrial DJIA, +0.36% ending the week up 0.2%, the S&P 500 index SPX, -0.35% rising 0.5%, and the Nasdaq Composite Index COMP, -1.36% surging 2.3%.

Top 10 Bank Stocks To Invest In Right Now: Caterpillar, Inc.(CAT)


Advisors’ Opinion:

  • [By Craig Jones]

    © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • [By Matt Egan]

    Cheap oil could signal trouble in the global economy: When economies are booming, they consume lots of oil — and vice versa. That’s why Wall Street is worried that the drop in energy prices suggests the global economy is slowing down more than already feared. A severe global slowdown would be very bad news for large U.S. companies like Coca-Cola (KO) and McDonald’s (MCD) to Caterpillar (CAT) that serve customers abroad.

  • [By Ben Levisohn]

    First, sentiment has bottomed, or close enough to it…Sell side ratings on machinery stocks have never been lower, and in fact are as low as previous crisis troughs in Housing, Auto, and Airlines. Since then there have been a few more downgrades, on Caterpillar (CAT) andUnited Rentals (URI). Buy side sentiment feels at best uninvolved/apathetic, though that is in some ways slightly improved from trough.

  • [By Paul Ausick]

    The DJIA stock posting the largest daily percentage loss ahead of the close Wednesday was Caterpillar Inc. (NYSE: CAT) which traded down 1.34% at $93.29. The stock’s 52-week range is $56.36 to $97.40. Volume was less than half the daily average of around 5.3 million shares. The company had no specific news Wednesday.

Top 10 Bank Stocks To Invest In Right Now: National Steel Corporation(SID)

Advisors’ Opinion:

  • [By Lisa Levin]

    On Thursday, basic materials shares rose by 3.08 percent. Top gainers in the sector included Cliffs Natural Resources Inc (NYSE: CLF), Companhia Siderurgica Nacional (ADR) (NYSE: SID), and Teck Resources Ltd (USA) (NYSE: TCK).

  • [By Lisa Levin]

    In trading on Thursday, basic materials shares fell by 0.45 percent. Meanwhile, top losers in the sector included Companhia Siderurgica Nacional (ADR) (NYSE: SID), down 13 percent, and Dominion Diamond Corp (NYSE: DDC), down 9 percent.

  • [By Lisa Levin]

    Basic materials shares climbed by 1.52 percent in trading on Friday. Meanwhile, top gainers in the sector included Companhia Siderurgica Nacional (ADR) (NYSE: SID), and Core Molding Technologies, Inc. (NYSE: CMT).

  • [By Lisa Levin]

    Monday afternoon, basic materials shares gained 1.02 percent. Meanwhile, top gainers in the sector included Olympic Steel, Inc. (NASDAQ: ZEUS), and Companhia Siderurgica Nacional (ADR) (NYSE: SID).

Top 10 Bank Stocks To Invest In Right Now: Haynes International, Inc.(HAYN)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Wednesday, basic materials shares fell by 1.24 percent. Meanwhile, top losers in the sector included Haynes International, Inc. (NASDAQ: HAYN), down 12 percent, and McEwen Mining Inc (NYSE: MUX), down 9 percent.

Top 10 Bank Stocks To Invest In Right Now: eLong, Inc.(LONG)


Advisors’ Opinion:

  • [By Monica Gerson]

    eLong, Inc. (ADR) (NASDAQ: LONG) is projected to post a quarterly loss at $0.60 per share on revenue of $38.31 million.

    Qunar Cayman Islands Ltd (NASDAQ: QUNR) is expected to post a quarterly loss at $8.89 per share on revenue of $1.11 billion.

Top 10 Bank Stocks To Invest In Right Now: American Woodmark Corporation(AMWD)

Advisors’ Opinion:

  • [By Lisa Levin]

    American Woodmark Corporation (NASDAQ: AMWD) was down, falling around 17 percent to $66.88 as the company reported weaker-than-expected quarterly earnings.

  • [By Lisa Levin]

    American Woodmark Corporation (NASDAQ: AMWD) was down, falling around 13 percent to $70.39 as the company reported weaker-than-expected quarterly earnings.

Top 10 Bank Stocks To Invest In Right Now: CSX Corporation(CSX)

Advisors’ Opinion:

  • [By Monica Gerson]

    CSX Corporation (NASDAQ: CSX) reported in-line earnings for its first quarter, but the company missed analysts’ sales estimates. CSX shares gained 0.44 percent to $25.10 in after-hours trading.

  • [By Rich Duprey]

    I ran a screen to identify the best-performing stocks from the S&P 500 in January. The top three performers during the month were Alcoa (NYSE:AA), CSX (NASDAQ:CSX), and NRG Energy (NYSE:NRG). Let’s see why they were the big standouts and whether they can keep it going.

  • [By Craig Jones]

    On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high options trading activity in CSX Corporation (NASDAQ: CSX). The stock traded around 15 percent higher since the Presidential election and options traders are betting that it is going to jump additional 8 percent. Traders were buying the February 38 calls on Wednesday for approximately $0.80. Najarian decided to follow the trade and he bought a call spread in CSX. He's going to be in the position for a month or two.

  • [By Craig Jones]

    Dan Nathan suggested on CNBC's Options Action a bearish trading idea in CSX Corporation (NASDAQ: CSX). He explained that the stock jumped 80 percent from its 52-week low in February and it gained around 20 percent since the election. It has significantly outperformed the Dow Jones Transportation index in that period and Nathan thinks that it is reasonable to expect a pull back.

  • [By Ben Levisohn]

    CSX (CSX) soared to the top of the S&P 500 today after railroad operator was upgraded by BMO Capital Markets following its big activist-inspired move last week.


    Agence France-Presse/Getty Images

    CSXgained 3.7% to $45.99 today, while the S&P 500 declined 0.3% to 2,265.20.

    BMO’sFadiChamoun andTarunJoshi explain why they upgraded CSX to Outperform from Market Perform:

    We are upgrading CSX shares to Outperform from Market Perform and raising our target price to $55 from $38. We see upside to around $80 over the medium term. Our constructive thesis is predicated on Mantle Ridge LP being successful in its effort to install Hunter Harrison as CEO of CSX. We believe that the probability of this occurring is fairly high without going down the road of a bruising proxy battle.


    CSX’s market capitalization rose to $43.1 billion today from $41.4 billion yesterday. It reported net income of $2 billion on sales of $11.1 billion in 2016.

Top 10 Bank Stocks To Invest In Right Now: Valmont Industries, Inc.(VMI)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    In the Lightning Round, Cramer was bullish on Masco (MAS) , American Electric Power (AEP) and Valmont Industries (VMI) .

    Cramer was bearish on Wisconsin Energy (WEC) .

Top 10 Bank Stocks To Invest In Right Now: Graham Corporation(GHM)


Advisors’ Opinion:

  • [By Monica Gerson]

    Graham Corporation (NYSE: GHM) is expected to report its quarterly earnings at $0.12 per share on revenue of $23.54 million.

    Heico Corp (NYSE: HEI) is estimated to post its quarterly earnings at $0.54 per share.

Top 10 Bank Stocks To Invest In Right Now: Apogee Enterprises, Inc.(APOG)

Advisors’ Opinion:

  • [By WWW.MONEYSHOW.COM]

    Let me introduce you to Apogee Enterprises (APOG) a company with “yuge” profit potential. Founded in 1949 and headquartered in Minneapolis, Minnesota, APOG designs and develops glass solutions for commercial buildings.

  • [By Peter Graham]

    The Q2 2017 earnings report for small cap glass solutions stockApogee Enterprises (NASDAQ: APOG) is scheduled for after the market closes on Wednesday (September 14th). In late May,our SmallCap Network Elite Opportunity (SCN EO) portfolio newsletter suggested a speculative entry into the stock which derives more than 90% of its revenuefromits architectural glass, metal and installation businesses:

Top 10 Bank Stocks To Invest In Right Now: 8×8 Inc(EGHT)

Advisors’ Opinion:

  • [By Anders Bylund]

    Shares of 8×8 (NASDAQ:EGHT) rose 26.6% in 2016, according to data from S&P Global Market Intelligence.

    So what

    The provider of internet-based voice and communications services put together a remarkable financial record last year. 8X8 beat Wall Street’s earnings and sales estimates handily in each one of the year’s quarterly reports,citing strong organic revenue growth among larger customers along the way. Large-scale corporate customers accounted for 53% of the company’s total sales in the recently reported second quarter, and these big clients are also showing strong loyalty to the 8×8 brand by renewing their service contracts.

  • [By Lisa Levin]

    On Thursday, telecommunications services shares gained by 0.42 percent. Meanwhile, top gainers in the sector included 8×8, Inc. (NASDAQ: EGHT), up 4 percent, and NQ Mobile Inc (ADR) (NYSE: NQ), up 2 percent.

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